2022-06-30-accounts - Chestertons International Foundation

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Contents ofthe Financial Statements	Contents ofthe Financial Statements
	for the year ended 30June 2022
			Page
Reference and Administrative Details
Report ofthe Trustees		2	to	4
Independent Examiner's Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial	Statements	8	to	13
Detailed Statement of	Financial Activities		14

				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes		E
CURRENT ASSETS
Cash at bank		691,415	55	691,470	614,994
CREDITORS
Amounts falling due within one year	10	(16,911)		(16,911)	(2,450)
NET CURRENT ASSETS		674,504	55	674,559	612,544
TOTAL ASSETSLESSCURRENT
LIABILITIES		674,504	55	674,559	612,544
NET ASSETS		674,504	55	674,559	612,544
FUNDS
Unrestricted funds				674,504	612,489
Restricted funds				55	55
TOTAL FUNDS				674,559	612,544

	for	for	for	the year ended 30June 2	022
3.	OTHER TRADING ACTIVITIES
						2022	2021
	Fundraising events					103,652
4.	CHARITABLE ACTIVITIES COSTS
					Grant
					funding of
					activities
				Direct	(see note	Support
				Costs	5)	costs	Totals
	Grant making			12,443	170,000	59,199	241,642
5.	GRANTS PAYABLE
						2022	2021
	Grant making					170,000	56,747
	The total grants paid to institutions		during	the year was as follows:
						2022	2021
							f.
	The Rugby Portobello	Trust					500
	Hospitality for Heroes						3,282
	Chelsea Physic Garden						1,000
	StMungos					70,000	51,965
	Oceans Generations					15,000
	Passage 2000					70,000
	Sand Ends					10,000
	Balfour Project					5,000
						170,000	56,747
6.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated after charging/(crediting):
						2022	2021
						f.
	Accountancy Fees					(530)

				2022	2021
No employees received	emoluments	in excess off60,000.
COMPARATIVES FORTHE STATEMENT OFFINANCIAL			ACTIVITIES
			Unrestricted	Restricted	Total
			fund	fund	funds
INCOME AND ENDOWMENTS		FROM
Donations and legacies			664,501	1,696	666,197
EXPENDITURE ON
Charitable activities
Grant making			65,737	1,641	67,378
NET INCOME			598,764	55	598„819
RECONCILIATION	OF FUNDS
Total funds brought forward			13,725		13,725
TOTAL FUNDS CARRIED FORWARD			612,489	55	612,544

				Incoming	Resources		Movement
				resources	expended		in funds
Unrestricted funds
General fund				664,501	(65,737)		598,764
Restricted funds
Matched donations	fund			1,696	(1,641)		55
TOTAL FUNDS				666,197	(67,378)		598,819
A current year 12months		and prior year 12months combined position is as follows:
					Net
					movement		At
				At 1.7.20	in funds		30.6.22
Unrestricted funds
General fund				13,725	660,779		674,504
Restricted funds
Matched donations	fund				55		55
TOTAL FUNDS				13,725	660,834		674,559
A current year 12 months		and prior year 12 months	combined	net movement in funds,	included	in the above are		as
follows:
				Incoming	Resources		Movement
				resources	expended		in funds
Unrestricted funds
General fund				968,158	(307,379)		660,779
Restricted funds
Matched donations	fund			1,696	(1,641)		55
TOTAL FUNDS				969,854	(309,020)		660,834

				Detailed Statement ofFinancial Activities
				for the year ended 30June 2022
					2022	2021
INCOME AND		ENDOWMENTS
Donations and		legacies
Donations					200,005	666,197
Other trading	activities
Fundraising events					103,652
Total incoming		resources			303,657	666,197
EXPENDITURE
Charitable activities
Wages					12,443
Grants to institutions					170,000	56,747
					182,443	56,747
Support costs
Governance	costs
Accountancy	Fees				(530)
Independent	examination		fee		1,440	1,400
Administration		fees			13,502	3,777
Bank charges					37	27
Marketing						4,500
Insurance					470	927
Fundraising Expenses					43,225
ITSoibvare					120
Subscriptions					35
Legal Expenses					900
					59,199	10,631
Total resources	expended				241,642	67,378
Net income					62,015	598,819