|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|4|
|Independent
Examiner's Report||||
|Statement ofFinancial Activities||||
|Statement ofFinancial Position||||
|Statement ofCash Flows||||
|Notes to the Statement ofCash Flows||||
|Notes to the Financial Statcmcnts|10|to|13|
|Detailed Statement ofFinancial Activities|14|to|15|
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
||||||fund|fiiuds|
|||||Notes|6||
|IVCOMK tiuVD ENDOWMENTS FROM|||||||
|Inveshnent
inconie|||||40,448|24,523|
|Oilier iiiconic|||||547,802|520,791|
|Total|||||588,250|545,314|
|EXPKVDITURE||OIV|||||
|Raising funds|||||14,185|10,659|
|Charitable
activities|||||||
|Creneral grants|||||36,000|725,634|
|Other|||||(16,545)|9,907|
|Total|||||33,640|746,200|
|Net gainsl(losses)|on investmenis||||(136,513)|(28,719)|
|NKT INCOME/(EXPENDITURE)|||||418,097|(229,605)|
|RECONCILIATION|||OF FUNDS||||
|Total Emds brought||forward|||1,943,262|7,172,867|
|TOTAL FUNDS|CARRIED FORWARD||||2,361,359|1,943,262|
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|||2023|2022|
|---|---|---|---|
|||Total|Total|
|||funds|flillcls|
||Notes|||
|FIXEDASSETS||||
|Investments||1,564,221|1,698,087|
|CURREiNT ASSETS||||
|Dclitors||82,399|77,123|
|Cash at bauk||1,499,419|1,463,744|
|||I581,818|1,540,867|
|CREDITORS||||
|Amoiuiis
falling due witlnn one year||(784,680)|(1,295,692)|
|NKT CURRENT ASSETS||797,138|245,175|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||2,361,359|1.943,262|
|NKT ASSETS||2,361,359|1,943,262|
|FUNDS||||
|Unrestricted
huids||2,361,359|1,943,262|
|TOTALFLiNDS||2,361,359|1,943,262|
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||||2023|2022|
|---|---|---|---|---|
|||Notes||I|
|Cash tloivs from operating
actisdties
Cash generated
from operations||I|27,948|616,621|
|Net cash provided by operating
activities|||27,948|616,621|
|Cash flosvs from investing
activities
Purchase offixed asset nivestments|||(1,087,877)|(1,050,907)|
|Sale offixed asser iuvestments|||1,086,370|1,070,685|
|Sale ofinvestment
property
Sale ofsocial iuvestnieuts||||30,477
(59,196)|
|Interest received|||7,466|122|
|Dividends
received|||1,888|1,227|
|Net cash provided
by/(used|in) investing|activities|7,847|(7,592)|
|Change in cash aml cash
the reporting
period|equivalents|in|35,795|609,029|
|Cash and cash equivalents
beginning
ofthe reporting|at the
period|2|1,463,624|854,595|
|Cash and cash equivalents
the reporting
period|at the end|of|1,499,419|1,463,624|
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|OPERATING AC|TIVITIES|||||
|---|---|---|---|---|---|
|||||2023|2022f|
|Net income/(esrpenditure)
for the reporting||period (as per the||||
|Statement ofFinancial Actirities)
Adjustments
for:||||418,097|(229605)|
|Losses oil invcstmcnts||||135,373|28,719|
|Interest received||||(7,466)|(122)|
|Dividends
received||||(1,888)|(1,227)|
|(Increase)/decrease|in dobtors|||(5,276)|274,399|
|(Decrease)/increase|io creclitors|||(510,892)|544,457|
|Net cash provided|by operations|||27,948|616,621|
|ANALYSIS OFCASH AND CASH EQUIVALENTS||||||
|||||2023|2022|
|Notice deposits (less than 3 months)||||1 499.419|1,463,744|
|Overdrafts
inchtded|io bank loans aud overdrali|s falling dne tvnhin|one year||(120)|
|Total cash and cash|equivalents|||1,499,419|1,463,624|
|ANALYSIS OF CHANGES IN NET FUVDS||||||
||||At 6.4.22|Cash tlow|At 5.4.23|
|Net cash||||||
|Cash at bank|||1,463,744|35,675|1,499,419|
|Bank overdratt|||(120)|120||
||||1,463,624|35,795|1,499,419|
|Total|||1,463,624|35,795|1,499,419|
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|||2023|2022|
|---|---|---|---|
|1.1K tllml'esi &illviilellcls||1,887|1,227|
|Overseas|interest ÷nds|31,094|23,174|
|1.1Kbank|interest|7,467|122|
|||40,448|24,523|
|OTHER|liNCOME|||
|||2023|2022|
|Royalties|from YEDA|547,802|520.791|
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|CHARITABLE ACTIVITIES COSTS|||
|---|---|---|
|||Grant|
|||fiinding of|
|||'icnvltles|
|||(see note|
|||5)|
|General grmits||36,000|
|GRANTS PAYABLE|||
||2023|2022|
|General gmuts|36.000|725.634|
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|SUPPORT C|OSTS|||||
|---|---|---|---|---|---|
|||||Govenmnce||
||||Other|costs|Totals|
||||f|||
|Other resources expended|||(25,725)|9,180|(16,545)|
|Other resources expended||breakdown:||2023
f|2022|
|Other||||||
|Profit or loss|on foreimt|exchange||(27,551)||
|Administrative|costs|||1,826|2,887|
|Governance
costs:||||||
|Legal fees
Accountmicy|fees|||6,300|1,200
2,700|
|Indepeudent|Exanuners|fees||2,880|3,120|
|||||(16,545)|9,907|
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|||||2023|2022|
|---|---|---|---|---|---|
|Prepayments|and|scented|income|82,399|77,123|
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|10.|CREDI|TORS: AMOUNT|S PALLING DUE WVITHLi ONK YE|AR||
|---|---|---|---|---|---|
|||||2023|2022|
|||||8||
||Bank loans and overdrags||(see note 11)||120|
||Other creditors|||778,500|1,289,752|
||Accrued|expenses||6,180|5,820|
|||||784,680|l,295,692|
|11.|LOANS|||||
||An analysis ofthe maturiiy||ofloans is given below:|||
|||||2023|2022|
||||||f.|
||Amouuts|falling due witlun|one year on demand:|||
||Bmtk overdrafts||||120|
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|||2023f|2022|
|---|---|---|---|
|LVCOME AN) ENDOWMENTS||||
|Investment
income||||
|UK interest A dividentls||1,888|1,227|
|Overseas
interest fc dividends||31,094|23,174|
|UK liank interest||7,466|122|
|||40,448|24,523|
|Other income||||
|Royalties froin YEDA||547,802|520,791|
|Total incoming
resources||588,250|545,314|
|EXPENDITURE||||
|Other truding
activities||||
|Batik charges||1,345|855|
|Investment
management|costs|||
|Portfolio nmnagement||12,840|9,804|
|Charitable
activities||||
|Cnuts and donations||36,000|725,634|
|Support costs||||
|Other||||
|Profit or loss on foreign|exchauee|(27,551)||
|Administrative
costs||1,826|2,887|
|||(25,725)|2,887|
|Governance
costs||||
|Le al fees|||1,200|
|Accountancy
fees||6,300|2,700|
|Independent
Examiners|fees|2,880|3,120|
|||9,180|7,020|
|Total resources expended||33,6i40|746,200|
|Net income/(expenditure)|before gains anil|||
|losses||S54,610|(200,886)|
##
||||2023|2022I|
|---|---|---|---|---|
|Realised recognised|gains and losses||||
|Realised gains/(losses)|on fixed asset|mvestments|(122,211)||
|Realised gains/(losses)|on investment|property||30,477|
|Vnrealised
gains/losses|ou invesuneuis||(14,302)|(59,196)|
|Net income/(expenditure)|||418,097|(229,605)|