| 6~Art t2022 to | ~6A rll 2021 to | |||
|---|---|---|---|---|
| Notes | ~6A ril 2022 | ~5A ril 2022 | ||
| INCOME FROM: | ||||
| Donations and legacies |
||||
| Investments | 66,125 | 58,197 | ||
| TOTAL INCOME | 66,125 | 58,197 | ||
| EXPENDITURE ON: | ||||
| Charitable activities |
116,564 | 60,562 | ||
| TOTAL EXPENDITURE | ]16,564 | 60,562 | ||
| Net Gain/(Loss) on investments |
(158,571) | 86,395 | ||
| Net income/(Expenditure) | for the period | (209,010) | 84,030 | |
| Net movement in funds |
209,010 | 84,030 | ||
| RECONILIATION OFFUNDS |
||||
| Total funds brought forward |
3,390,751 | 3,306,721 | ||
| TOTAL FUNDS CARRIED FORWARD | 3,1812741 | 3390,751 |
| 6~Artt 2022 | ~6A rll 2021 | |||||
|---|---|---|---|---|---|---|
| t~o5 A ril | ~to 5A ril | |||||
| 2~0 | 2022 | |||||
| Notes | ||||||
| Fixed assets | ||||||
| Investments | 3,195,474 | 3/98,125 | ||||
| Current assets | ||||||
| Cash at bank | and in hand | 5,187 | 6,046 | |||
| Creditors: falling due within one year | (18,920) | 13,420) | ||||
| Net current | assets | (13,733) | (7,374) | |||
| Total net assets | 3,1&1,741 | 3,390,751 | ||||
| Funds | ||||||
| Revaluation | reserve | (20,041) | 349,521 | |||
| Unrestricted | funds | 3,201 782 | 3,041,230 | |||
| 3,181 741 | 3390731 | |||||
| The accounts | have been prepared | in accordance with the Financial Reporting Standard |
102. |
| The | Paul | Jennings | And | Jeanette Dunn Charitable | Foundation | Foundation |
|---|---|---|---|---|---|---|
| Registered charity number: |
1182890 | |||||
| Annual report |
and | accounts |
| ~6A rll 2022 | ~6A rll 2021 | |||||
|---|---|---|---|---|---|---|
| t~o5A rll |
~to5A rll |
|||||
| 2023 | 2022 | |||||
| Net cash provided by (used in) operating |
activities | |||||
| Cash flows from operating activities |
(111,064) | (62,262) | ||||
| Cash flows ft'om Investing activities |
||||||
| Dividends, interest and rents from investments Proceeds from sale ofinvestments Reinvestment offunds into portfolios Purchase ofinvestments |
66,125 754,962 (949) (709,934) |
58,197 745,722 (52,213) (687,858) |
||||
| Change in cash and cash equivalents | in the | year | (860) | 1,586 | ||
| Cash and cash equivalents at the beginning |
ofthe year | 6,046 | 4,460 | |||
| Cash and cash equivalents at the end |
of | the | year | 5,186 | 6,046 | |
| Reconciliation ofnet income/(expenditure) | to net cash flows from operating | activities |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Net income/(expenditure) for the year (as per the statement offinancial Dividends, interest and rents from investments Loss/(profit) on the sale offixed assets (Increase)/decrease in debtors |
activities) | (209,010) (66,125) 158,571 |
84,030 (58,197) (86,395) |
|
| Increase/(decrease) | in creditors | 5,500 | (1700) | |
| (111,064) | 62,262 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| 2 | Total income | ||||
| Investment income |
|||||
| Interest received | 210 | ||||
| Dividends received |
65,915 | 58,197 | |||
| Interest paid | |||||
| Overseas interest | |||||
| 66,125 | 58,197 | ||||
| Total incoming resources | 66,125 | 58,197 | |||
| 3 | Charitable activities |
||||
| Grants to institutions | |||||
| Born Free | 12,500 | ||||
| Hillside Animal Sanctuary |
12,500 | ||||
| Sumatran Orangutan |
Society | 12,500 | |||
| Centre for animals | and | social justice | 12,500 | ||
| 50,000 | |||||
| Support costs | |||||
| Legal and professional | 18,641 | 4,167 | |||
| Investment management |
costs | 41,865 | 50,647 | ||
| Interest paid | 76 | 248 | |||
| Accountancy | 5,500 | 5„500 | |||
| Sundry expenses | 482 | ||||
| 66,564 | 60,562 | ||||
| Total expenditure | 116,564 | 60,562 |
| 5 | Fixed asset investments | |||
|---|---|---|---|---|
| Market value ofinvestments | ||||
| At beginning ofyear | 3,398,125 | 3,317,381 | ||
| Additions | 709,934 | 687,858 | ||
| Disposals | (754,963) | (745,722) | ||
| Movement on cash reserves held in |
investments | 949 | 52,213 | |
| Gains and losses on investments | 158,571 | 86,395 | ||
| Fair value at end ofthe year | 3,195474 | 3,398 125 | ||
| Unrealised gains/(losses) on fair value ofinvestments |
(293,170) | 73,090 | ||
| Realised gains/(losses) on disposal |
ofinvestments | 134599 | 13305 | |
| Total reconciliation ofgains/(loss) |
on investment | 158,571 | 86,395 |
| The above valuation ofthe investment | The above valuation ofthe investment | The above valuation ofthe investment | The above valuation ofthe investment | The above valuation ofthe investment | portfolio's | portfolio's | portfolio's | includes | includes | cash | reserves held by | reserves held by | reserves held by | the portfolio's for future |
the portfolio's for future |
the portfolio's for future |
the portfolio's for future |
investment | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| opportunities. The |
inain risk to the Foundation, | from financial | instruments, | lies in | the | combination ofuncertain | |||||||||||||
| investment markets |
and volatility | in yield. | The | Foundation | manages | investment | risk by retaining expert |
advisors | |||||||||||
| and operating an investment |
policy that | provides for a | high | degree ofdiversification ofholdings within |
investment | ||||||||||||||
| asset classes. | |||||||||||||||||||
| 2023 | 2022 | ||||||||||||||||||
| 6 | Creditors due within one year | g | |||||||||||||||||
| Accruals | 18920 | 13,420 | |||||||||||||||||
| 18920 | 13,420 | ||||||||||||||||||
| 7 | Unrestricted and |
restricted - movement | in funds | ||||||||||||||||
| Opening | Incoming resources |
Resources expended |
Gains/(loss) investments |
on | Balance at5 April 2023 |
||||||||||||||
| f | g | g | |||||||||||||||||
| Total unrestricted | funds | 3,390,751 | 66,125 | (116,564) | (158,571) | 3,181,741 | |||||||||||||
| 20?3 | 202? | ||||||||||||||||||
| K | |||||||||||||||||||
| Reserves at the beginning | ofthe year | 3,390,751 | 3,306,721 | ||||||||||||||||
| Net (outgoing)/incoming | reserves | 209,010) | 84,030 | ||||||||||||||||
| 3,181741 | 3390751 | ||||||||||||||||||
| represented by. |
|||||||||||||||||||
| Cash reserves (net current | assets) | 5,186 | 6,046 | ||||||||||||||||
| Accruals | (18,920) | (13,420) | |||||||||||||||||
| Fair value reserve | (20,041) | 349,521 | |||||||||||||||||
| Fixed asset valuation | 3,215,516 | 3,048,604 | |||||||||||||||||
| 3 181741 | 3390751 |