| TRUSTEES: | P B Patel | |||||
| S P Patel | ||||||
| D P Patel | ||||||
| PRINCIPAL OFFICE 8 CORRESPONDENCE | ||||||
| ADDRESS | 84 Eccleston Square, | Pimlico | ||||
| London | ||||||
| SW1V 1PX | ||||||
| SOLICITORS: | Pothecary Witham |
Weld | ||||
| 84 Eccleston Square, | Pimlico | |||||
| London | ||||||
| SW1V 1PX | ||||||
| BANKERS: | Handelsbanken | |||||
| Chelmsford | Branch | |||||
| Greenwood | House | |||||
| 91-99New London | Road | |||||
| Chelmsford | ||||||
| CM2 OPP | ||||||
| INVESTMENT | MANAGER: | Investec Wealth and | Investment | Ltd | ||
| 30 Gresham | Street | |||||
| London | ||||||
| EC2V 7QN | ||||||
| INDEPENDENT | EXAMINERS: | Robinson Sterling |
||||
| Business Advisory, | Taxation and | Strategic | ||||
| Planning | ||||||
| 616d Green | Lane | |||||
| lifo rd | ||||||
| Essex | ||||||
| IG3 9SE |
| Note | Unrestricted | Unrestricted | |||
|---|---|---|---|---|---|
| Fund | Fund | ||||
| 2022 | 2021 | ||||
| RECEIPTS | |||||
| Voluntary receipts |
50,000 | 25,000 | |||
| Investment Income |
353 | 112 | |||
| TOTAL RECEIPTS | 50,353 | 25,112 | |||
| PAYMENTS | |||||
| Cost of charitable | activities | 21,980 | 6,936 | ||
| Cost of generating | funds | (521) | 1,452 | ||
| TOTAL PAYMENTS | 21,459 | 8,388 | |||
| NET (OUTGOING)/INCOMING | RESOURCES | 28,894 | 16,724 | ||
| Net purchases of investments |
(17,107) | (31,914) | |||
| Fund balance at 6 | April 2021 | 26,779 | 41,969 | ||
| UNRESTRICTED | FUND BALANCES | ||||
| CARRIED FORWARD AT 5 | APRIL 2022 | 38,566 | 26,779 |
| CASH FUNDS | |||||
|---|---|---|---|---|---|
| Handelsbanken Current |
Account | 38,465 | 25,073 | ||
| Investec Capital account | 26 | 1,706 | |||
| Investec Income account | 75 | ||||
| Total unrestricted cash funds |
36666 | 26,779 | |||
| INVESTMENTS | |||||
| The movements and changes |
in value of the | ||||
| Foundation's investment |
portfolio were as follows: | ||||
| Fair value of portfolio at | 6'" April 2021 | 35,123 | |||
| Additions at cost during |
the year | 21,462 | 31,915 | ||
| Disposal proceeds | (2,694) | ||||
| Increase(decrease) in value of investment portfolio |
(279) | 3,208 | |||
| Fair value of portfolio at | 5'" April 2022 | 53,612 | 35,123 | ||
| Realised losses on disposals | during the | year were | |||
| 2450 (2021-anil) | |||||
| LIABILITIES | |||||
| April Administration Costs |
120 | 120 |
| 4 | COST OF C | HARITAB | LE ACTIVITIES | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 2 | |||||
| Grants paid Support costs (see note 7 below) |
20,000 1,980 |
5,000 1,936 |
|||
| 21,980 | 6,936 | ||||
| 5 | GRANTS PAID | ||||
| 2022 | |||||
| 2 | |||||
| Educate for | Life | 5,000 | |||
| Joy for Humanity Pratham |
5,000 5,000 |
||||
| Food for Life | 5,000 | ||||
| 20,000 | |||||
| 6 | Cost of raising funds | ||||
| 2022 | |||||
| 2 | |||||
| Investment | managers | fees (net credit) | (521) |
| ANALYSIS O | F SUPPORT COSTS | ||
|---|---|---|---|
| 2022 | 2021 | ||
| 2 | |||
| Administration | charges | 1,980 | 1,932 |
| Bank charges | 4 | ||
| 1,980 | 1,936 |