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|---|---|---|---|
|Reference and administrative|details ofthe Company,|its Trustees and advisers||
|Trustees' report|||2-6|
|Independent
examiner's
report|||7-8|
|Statement offinancial
activities||||
|Balance sheet|||10|
|Statement ofcash flows||||
|Notes to the financial statements|||12-24|
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||Year Ended|Year Ended|Period Ended|
|||||30November|30 November|30November|
|||||2021|2021|2020|
||||Note|F|||
|Income from:|||||||
|Donations
and|legacies|||501,029|501,029|11,000|
|Total income||||501,029|501,029|11,000|
|Expenditure
on:|||||||
|Charitable
activities||||535,951|535,951|30,969|
|Total expenditure||||535,951|535,951|30,969|
|Net movement|in funds|||(34,922)|(34,922)|(19,969)|
|Reconciliation|offunds:||||||
|Total funds brought||forward||(19,969)|(19,969)||
|Net movement|in funds|||(34,922)|(34,922)|(19,969)|
|Total funds carried forward||||(54,891)|(54,891)|(19,969)|
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|||||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|---|---|
|||||AS AT 30 NOVEMBER 2021|||||
|||||||2021||2020|
|||||Note|||||
|Current assets|||||||||
|Debtors|||||2,767||2,455||
|Cash at bank|and|in hand|||6,927||1,000||
||||||9,694||3,455||
|Creditors: amounts||falling|due within one||||||
|year||||10|(64,585)||(23,424)||
|Net current|liabilities|||||(54,891)||(19,969)|
|Total assets|less|current|liabilities|||(54,891)||(19,969)|
|Net liabilities|excluding||pension asset|||(54,891)||(19,969)|
|Total net assets||||||(54,891)||(19,969)|
|Charity funds|||||||||
|Restricted funds||||12|||||
|Unrestricted|funds|||12||(54,891)||(19,969)|
|Total funds||||||(54,891)||(19,969)|
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||||||||Period|
|---|---|---|---|---|---|---|---|
|||||||Year Ended|Ended|
|||||||30|30|
|||||||November|November|
|||||||2021|2020|
|||||||R||
|Cash flows from operating||activities||||||
|Net cash|used
in operating|activities||||5,927|1,000|
|Cash flows from investing||activities||||||
|Net cash|provided
by investing
activities|||||||
|Cash flows from financing||activities||||||
|Net cash|provided
by financing
activities|||||||
|Change|in cash and cash|equivalents|in|the year||5,927|1,000|
|Cash and|cash equivalents|at the beginning||ofthe year||1,000||
|Cash and cash equivalents||at the end of||the year||6,927|1,000|
|The notes on pages 12to 24 form part ofthese financial|||||statements|||
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|Unrestricted|Total|
|---|---|
|funds|funds|
|Year Ended|Year Ended|
|30|30|
|November|November|
|2021f|2021|
|501,029|501,029|
|Unrestricted|Total|
|funds|funds|
|Period|Period|
|Ended|Ended|
|30|30|
|November|IVovember|
|2020|2020|
|11,000|11,000|
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|||||Grants to|Total|
|---|---|---|---|---|---|
|||||Individuals|funds|
|||||Year Ended|Year Ended|
|||||30|30|
|||||November|November|
|||||2021|2021|
|Grants made||||525,259|525,259|
|The following|grants were|made during the year:||||
|Recipient|||||Amount|
|The Princes Foundation|||||8 25,000.00|
|UK Sailing Academy|||||f 50,000.00|
|Ocean Family|Foundation||||8128,748.00|
|Make a Wish|Foundation||||6 30,000.00|
|The Wellness|Foundation||||F 54,707.00|
|Taigh Mor Foundation|||||F 50,000.00|
|Lighthouse
Project (St Tropez)|||||6 43,047.00|
|The Hepworth|Wakefield||||F105,755.00|
|Grants
under|a materiality|threshold|off20,000||f. 38,001.00|
|||Grants to|Total|
|---|---|---|---|
|||Individuals|funds|
|||Period|Period|
|||Ended|Ended|
|||30|30|
|||November|November|
|||2020|2020|
|Grants made||10,000|10,000|
|The following|grants were made during the previous year:-|||
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|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||Year Ended|Year Ended|
|||30|30|
|||November|November|
|||2021|2021|
|Support|costs|10,692|10,692|
|Grants|made|525,259|525,259|
|||535,951|535,951|
|||Unrestricted|Total|
|||funds|funds|
|||Period|Period|
|||Ended|Ended|
|||30|30|
|||November|November|
|||2020|2020|
|Support|costs|20,969|20,969|
|Grants|made|10,000|10,000|
|||30,969|30,969|
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|||Grant|||
|---|---|---|---|---|
|||funding
of|Support|Total|
|||activities|costs|funds|
|||Year Ended|Year Ended|Year Ended|
|||30|30|30|
|||November|November|November|
|||2021|2021|2021|
|Support|costs||10,692|10,692|
|Grants|made|525,259||525,259|
|||525,259|10,692|535,951|
|||Grant|||
|---|---|---|---|---|
|||funding ot|Support|Totai|
|||activities|costs|funds|
|||Period|Period|Period|
|||Ended|Ended|Ended|
|||30|30|30|
|||November|November|November|
|||2020|2020|2020|
|Support|costs||20,969|20,969|
|Grants|made|10,000||10,000|
|||10,000|20,969|30,969|
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|||Total|
|---|---|---|
||Activities|funds|
||Year Ended|Year Ended|
||30|30|
||November|November|
||2021|2021f|
|Insurance|2,767|2,767|
|Legal fees|4,340|4,340|
|Subscriptions|279|279|
|Accountancy|2,460|2,460|
|Bank charges|369|369|
|Foreign exchange differences|477|477|
||10,692|10,692|
|||Total|
||Activities|funds|
||Period|Period|
||Ended|Ended|
||30|30|
||November|November|
||2020|2020|
|Insurance|283|283|
|Legal fees|18,886|18,886|
|Accountancy|1,800|1,800|
||20,969|20,969|
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|||||||||Period|
|---|---|---|---|---|---|---|---|---|
||||||||Year Ended|Ended|
||||||||30|30|
||||||||November|November|
||||||||2021|2020|
||||||||R||
|Fees payable to the Company's||independent|||examiner|for the independent|||
|examination|ofthe Company's|annual|accounts||||1,250|1,050|
|Fees payable to the Company's||independent|||examiner|in respect of:|||
|All taxation advisory services not included||||above|||900|900|
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|||2021|2020|
|---|---|---|---|
|Due within|one year|||
|Prepayments|and accrued income|2,767|2,455|
|||2,767|2,455|
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|||2021|2020|
|---|---|---|---|
|Trade creditors||3,667|5,222|
|Other creditors||57,557|16,402|
|Accruals and deferred|income|3,361|1,800|
|||64,585|23,424|
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|||||2021|2020|
|---|---|---|---|---|---|
|Financial|assets|||||
|Cash and|cash equivalents|||6,927|1,000|
|Financial|assets measured|at amortised|cost|2,767|2,455|
|||||9,694|3,455|
|||||2021|2020|
|||||F||
|Financial|liabilities|||||
|Financial|liabilities measured|at amortised|cost|(64,585)|(23,424)|
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|Statement o|ffunds - prior year||||
|---|---|---|---|---|
|||||Balance at|
|||||30|
|||||November|
|||Income|Expenditure|2020|
|Unrestricted|funds||||
|General Funds - all funds||11,000|(30,969)|(19,969)|
||||||Balance at|
|---|---|---|---|---|---|
|||Balance at 1|||30|
|||December|||November|
|||2020|Income|Expenditure|2021|
|||||F||
|General|funds|(19,969)|501,029|(535,951)|(54,891)|
|||Balance at|
|---|---|---|
|||30|
|||November|
|Income|Expenditure|2020|
|11,000|(30,969)|(19,969)|
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|Analysis|ofn|et ass|ets|between funds - current ye|ar||
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
||||||funds|funds|
||||||2021|2021|
||||||R||
|Current|assets||||9,694|9,694|
|Creditors|due|within|one|year|(64,585)|(64,585)|
|Total|||||(54,891)|(54,891)|
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|||||||Period|
|---|---|---|---|---|---|---|
||||||Year Ended|Ended|
||||||2021|2020|
|Net expenditure
for||the year (as|per Statement|of Financial Activities)|(34,922)|(19,969)|
|Adjustments
for:|||||||
|Increase|in debtors||||(312)|(2,455)|
|Increase|in creditors||||41,161|23,424|
|Net cash|provided|by operating|activities||5,927|1,000|
|16.|Analysis ofcash and cash equivalents|||
|---|---|---|---|
|||2021|2020|
||Gash at bank and in hand|6,927|1,000|
||Total cash and cash equivalents|6,927|1,000|
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|||||||At 1||At 30|
|---|---|---|---|---|---|---|---|---|
|||||||December||November|
|||||||2020|Cash flows|2021|
|Cash|at|bank|and|in|hand|1,000|5,927|6,927|
|||||||1,000|5,927|6,927|
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