| TRUSTEES: | P B Patel | |||||||
|---|---|---|---|---|---|---|---|---|
| S P Patel | ||||||||
| D P Patel | ||||||||
| PRINCIPAL OFFICE/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 |
||||||
| Chartered | Accountants | |||||||
| 616d Green | Lane | |||||||
| llford | ||||||||
| Essex | ||||||||
| IG3 9SE |
| Receipts and Payments | Receipts and Payments | Account for the Year Ended 5 April 2023 | Account for the Year Ended 5 April 2023 | |
|---|---|---|---|---|
| Note | Unrestricted | Unrestricted | ||
| Fund | Fund | |||
| 2023 | 2022 | |||
| RECEIPTS | ||||
| Voluntary receipts |
75,000 | 50,000 | ||
| Investment Income |
756 | 353 | ||
| TOTAL RECEIPTS | 75,756 | 50,353 | ||
| PAYMENTS | ||||
| Cost of charitable | activities | 20,160 | 21,980 | |
| Cost of generating | funds | 631 | (521) | |
| TOTAL PAYMENTS | 20,791 | 21,459 | ||
| NET INCOMING | RESOURCES | 54,965 | 28,894 | |
| Net purchases of |
investments | (13,766) | (17,107) | |
| Fund balance at 6 April 2022 | 38,566 | 26,779 | ||
| UNRESTRICTED | FUND BALANCES | |||
| CARRIED FORWARD AT | 5 APRIL 2023 | 79,765 | 38,566 |
| Note | Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|---|
| Fund | Fund | |||||
| 2023 | 2022 | |||||
| CASH FUNDS | ||||||
| Handelsbanken | Current Account |
78,872 | 38,465 | |||
| Investec Capital | account | 630 | 26 | |||
| Investec Income | account | 263 | 75 | |||
| Total unrestricted | cash funds | 79,765 | 38,566 | |||
| INVESTMENTS | ||||||
| The movements | and changes | in | value of the | |||
| Foundation's investment porffolio |
were as follows: | |||||
| Fair value of porffolio at 6'" April | 2022 | 53,612 | 35,123 | |||
| Additions at cost |
during the year | 13,766 | 21,462 | |||
| Disposal proceeds | (-) | (2,694) | ||||
| Decrease in value of investment |
porffolio | (6,016) | (279) | |||
| Fair value of portfolio at 5'" April | 2023 | 61,362 | 53,6'I 2 | |||
| LIABILITIES | ||||||
| April Administration Costs |
180 | 120 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 2 | 8 | |||
| Grants paid | 18,000 | 20,000 | ||
| Support costs (see note 7 below) | 2,160 | 1,980 | ||
| 20,160 | 21,980 | |||
| 5 | GRANTS PAID | |||
| 2023 | ||||
| 2 | ||||
| ISKCON Gita | 500 | |||
| Go Dharmic Welfare | 5,000 | |||
| Pratham UK |
7,500 | |||
| Dakshana | 5 000 | |||
| 18,000 | ||||
| 6 | Cost of raising | funds | ||
| 2023 | ||||
| Investment managers |
fees | 631 |
| ANALYSIS O | F SUPPORT COSTS | ||
|---|---|---|---|
| 2023 | 2022 | ||
| 2 | 2 | ||
| Administration | charges | 2,160 | 1,980 |
| Bank charges | |||
| 2,160 | 1,980 |