| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 5 | |
| Iadependent Examiner's Report |
||||
| Statement ofFinancial | Activdties | |||
| Statement ofFinancial | Position | |||
| Statement ofCash Flows | ||||
| Notes to the Statement | ofCash Flows | 10 | ||
| Notes to the Financial | Statements | 11 | to | 14 |
| Detailed Statement of | Financial Activities | 15 | to | 16 |
| 5/4/22 | 5/4/21 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| fund | ftu)ds | ||||
| Notes | |||||
| IVCOME AND KiVDOWME!VTS FROM | |||||
| Investment income |
24,523 | 21,789 | |||
| Otlter nicome | ~520 791 | 696.158 | |||
| Total | 545,314 | 717,947 | |||
| EXPEiVDITURE | OiV | ||||
| Raising funds | 10,659 | 487 | |||
| Charitable activities |
|||||
| General grants | 723,634 | 785.0i&0 | |||
| Otliet' | 9,907 | 18,250 | |||
| Total | 746,20(l | 803,827 | |||
| Net gains/(kisses) | on investments | 28,719 | 84,433 | ||
| NKT INCOME/(EXPENDITI/RE) | (229,605) | (1,447) | |||
| RECONCILIATION | OF FUNDS | ||||
| Total I'unds brought | forward | 2,172,867 | 2,174,314 | ||
| TOTAL FUiNDS CARRIED FORWARD | 1,943362 | 2,172,867 |
| 5/4/22 | 5/4/21 | ||
|---|---|---|---|
| Total | Total | ||
| fnnds | fuods | ||
| Notes | 6 | ||
| FIXEDASSETS | |||
| Investmcnts | 1,698,087 | 1,717,865 | |
| CURRENT ASSETS | |||
| Debtors | 77,123 | 351,522 | |
| Cash at bank | ~1,463744 | 854 595 | |
| 1,540,867 | 1,20(i,117 | ||
| CREDITORS | |||
| Amounts fsllmg due within one year |
10 | (1,295,G92) | (751,115) |
| NET CURRENT ASSETS | 245,175 | 455,002 | |
| TOTAL ASSETSLESSCURRKiVT | |||
| LIABILITIES | IP43,262 | 2,172,867 | |
| NKT ASSETS | 1,943,262 | 2,172,867 | |
| FUNDS | |||
| l.lnrestricted funds |
1,943,262 | ~2172,867 | |
| TOTAL FUNDS | 1,943,262 | 2,172,867 |
| 5/4/22 | 5/4/21 | |||||
|---|---|---|---|---|---|---|
| Notes | 6 | |||||
| Cash flows from operating activities |
||||||
| Cash generated from operations |
616,621 | 7()1,665 | ||||
| Net cash provided by operating | activities | 616,621 | 761,665 | |||
| Cash flo)vs from investing | activities | |||||
| Purchase offixed asset investments Sale offixed asset invesnnents Sale ofinvestment property Sale ofsocial inveshnents |
(1,050,907) 1,070,685 30,477 (59,196) |
(1,601,021) I,012,595 (76,458) 76,458 |
||||
| Interest received | 122 | 348 | ||||
| Dividends received |
1,227 | 2,300 | ||||
| Net cash used in investing | activities | ~7,592) | (585.778) | |||
| Change in casli and cash | equivalents | in the | ||||
| reporting period |
609,029 | I75,887 | ||||
| Cash aml cash equivalents | st | thc beginning | ||||
| ofthe reporting period |
854,595 | 678.708 | ||||
| Cash and cash equivalents | at | the end | ofthe | |||
| reporting period |
~1463,624 | 854,595 |
| RECONCILIATIOiV OFNET EXPENDITU ACTIVITIES |
RE TO NET CASH FLOW F | ROM OPERATING | |
|---|---|---|---|
| 5/4/22 | 5/4/21 | ||
| Net expenditure for the reportiag period (as Financial Activities) Adjustments for: |
per the Statement of | (229,605) | f (1,447) |
| Losses/(gain) on investments Interest received Dividends received Decrease in debtors Increase in creditors |
28,719 (122) (1,227) 274,399 544,457 |
(84,433) (348) (2,300) 107,478 742,715 |
|
| Net cash provided by operations |
616,621 | 7(ii,66i5 | |
| ANALYSIS OF CASH AND CASH EQUIVALENTS | |||
| 5/4/22 | 5/4/21 | ||
| Notice &leposits (less than 3 mouths) Overdrags includecl in bank loans anil overdrafts |
falling due within one year | 1,463,744 ~120) |
854,595 |
| Total cash and cash equivalents | ~1463,624 | 854595 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| UK interest ÷nds Ovemeas interest ÷nds UK bank interest |
8 1,227 23,174 122 |
2,300 19,141 348 |
||
| 24,523 | 21,789 | |||
| 3. | OTHER | LiVCOME | ||
| 2022 | 2021 | |||
| Royalties | Rom YEDA | 520,791 | 690,I58 |
| 5. | GRAN TSPAYA | BLE | |||
|---|---|---|---|---|---|
| 5/4/22 | 5/4/21 | ||||
| Cieneral grants | 725,634 | 785,090 | |||
| Governance | |||||
| 6. | SUPPORT COSTS | ||||
| Finance | costs | Totals | |||
| Raising donations | and legacies | 9,804 | 9,804 | ||
| Other resources expended | 9g07 | 9307 | |||
| ~9804 | 9 07 | 19,711 |
| 5/4/22 | 5/4/21f |
|---|---|
| 77,123 | 351,522 |
| 10. | CREDITORSt AMOUNTS FALLING DUE WITHIN ONE YEAR | CREDITORSt AMOUNTS FALLING DUE WITHIN ONE YEAR | CREDITORSt AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|---|
| 5/4/22 | 5/4/21 | ||||
| 6 | |||||
| Bank loans and overdrafts | (see note | 11) | 120 | ||
| Other croditors Accnted expenses |
1,289,752 ~5820 |
735,215 IS,900 |
|||
| 1395,692 | 751.115 | ||||
| 11. | LOANS | ||||
| An analysis ofthe ntaturity | ofloans | is given helow. | |||
| 5/4/22 | 5/4/21 | ||||
| Amounts falling due within |
one year | on demand: | |||
| Bank overdrafts | 120 |
| 5/4/22 | 5/4/21 | ||
|---|---|---|---|
| INCOME AND ENDOWMENTS | |||
| Investment income |
|||
| I.JKinterest ÷nds Overseas interest /I dividends 1.)Kbank interest |
1,227 23,174 122 |
2,300 19,141 348 |
|
| 24,523 | 21,789 | ||
| Other income | |||
| Royalties frotu YEDA | 520,791 | 696,158 | |
| Total incoming resources |
545414 | 717,947 | |
| EXPENDITURE | |||
| Other trading activities |
|||
| Bank charges | 855 | 487 | |
| Charitable activities |
|||
| Grants and donations | 725,Ci34 | 785 090 | |
| Suppose costs | |||
| Finance | |||
| Portfolio charges | 9,804 | ||
| Governance costs |
|||
| Administrative costs Legal fees Accountancy fees Independent Exatniners |
fees | 2,887 1,200 2,700 3,120 |
3,055 5,13Ci 7,059 3,000 |
| 9,907 | 18,250 | ||
| Total resources expended | 746,200 | 803.827 | |
| iVet expenditure before |
gains aml losses | (200,886) | (85,880) |
| Realised recognised gains and losses |
|||
| Cauied fotrward |
(200,88/1) | (85,880) |
| 5/4/22 | 5/4/21 | ||||
|---|---|---|---|---|---|
| 6 | |||||
| Realised recognised | gnins and losses | ||||
| Brought forward Realised gains/(losses) |
on investment | property | (200,886) 30,477 |
(85,880) 7,975 |
|
| Unrealised gains/losses |
on invcstmcnts | ~59,196 | 76,458 | ||
| Net expeutliture | ~229,605) | ~1,447) |