| Trustees | V.M. Craig (Chair) | V.M. Craig (Chair) | ||
|---|---|---|---|---|
| A.Bielby | ||||
| J.L.Curtis | ||||
| D.L.Buxton | ||||
| B.C.Thirlaway | ||||
| P.J.Gill (Treasurer) | ||||
| B.J.Down | ||||
| Secretary | A. Shymina | |||
| Charity number | 1187101 | |||
| Company | number | CE020117 | ||
| Accountants | Carson EcTrotter | C.A. | ||
| Chartered Accountants |
||||
| 123Irish Street | ||||
| Dumfries | ||||
| DG1 2PE | ||||
| Business | address | 24 Greencoat Place | ||
| London | ||||
| SW1P 1RD | ||||
| Bankers | The Co-operative | Bank PLC | ||
| 60-62 Pinstone Street | ||||
| Sheflield | ||||
| Sl 2HN | ||||
| Investment | Managers | Barclays Wealth | CCLA | |
| Avenue HQ | Senator House | |||
| 17Mann Island | 85 Queen Victoria Street | |||
| Liverpool | London | |||
| L3 1BP | EC4V 4ET | |||
| Solicitors | Lupton dc Fawcett |
LLP | ||
| Stamford House | ||||
| Piccadilly | ||||
| York | ||||
| Y019PP |
| C~onten | ||||
|---|---|---|---|---|
| Page | ||||
| Trustees' Annual Report | 1-8 | |||
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | 10 | ||
| Balance sheet | ||||
| Notes to the financial | statements | 12-15 |
| 2022/23 | 2021/22 | 2020/21 | |
|---|---|---|---|
| IofC Support | 061,229 | f19,900 | f75,000 |
| Outreach Work | f25,590 | f70,460 | $0 |
| Peace Building | 523,580 | f43,095 | XO |
| Total | F110,399 | f133,455 | f75,000 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Income and Endowments | from: | ||||
| Donations and legacies |
300 | 300 | |||
| Investments | 85,097 | 54,681 | |||
| Charitable activities |
3723 | ||||
| Total Income | 89,120 | 54,981 | |||
| Expenditure on: |
|||||
| Investment Management |
costs | (8,523) | (6,978) | ||
| Governance costs |
(12,297) | (10,849) | |||
| Charitable activities |
(110,399) | (133,455) | |||
| Total expenditure | 131,219 | 151,282 | |||
| Net (expenditure)/income | before | (42,099) | (96,301) | ||
| (losses)/gains on investments |
|||||
| Net (losses)/gains on investments |
(271,663) | 516,511 | |||
| Net (Expenditure)/Income | (313,762) | 420,210 | |||
| Reconciliation ofFunds: | |||||
| Total Funds Brought Forward | 6,564,274 | 6,144,064 | |||
| Total Funds Carried Forward | 6,250,512 | 6,564,274 |
| Balance sheet | ||||||
|---|---|---|---|---|---|---|
| as | at 31stMarch 202 | |||||
| 2023 | 2022 | |||||
| Notes | ||||||
| Fixed assets | ||||||
| Investments | 6,216,879 | 6,558,558 | ||||
| Current assets |
||||||
| Cash at bank | and in hand | 35,161 | 7,216 | |||
| 35,161 | 7,216 | |||||
| Creditors: | amounts | falling | ||||
| due within | one year | 9 | (1,528) | (1,500) | ||
| Net current | assets | 33,633 | 5,716 | |||
| Net assets | 6,250,512 | 6,564,274 | ||||
| The Funds | ofthe Charity | |||||
| Unrestricted | funds | 10 | 6,250,512 | 6,564,274 | ||
| Total Charity Funds | 6,250,512 | 6,564,274 |
| 2. | Income from | Income from | Donations | Donations | and Legacies | ||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Deeds ofcovenant | and Gift Aid | 300 | 300 | ||||
| 300 | 300 | ||||||
| 3. | Investment | Income | |||||
| 2023 | 2022 | ||||||
| g | |||||||
| UK Equities | 55,705 | 40,296 | |||||
| UK Fixed interest | securities | 29,392 | 14,385 | ||||
| 85,097 | 54,681 | ||||||
| 4. | Income from charitable | activities | 2023 | 2022 | |||
| Unspent grant |
returned | 3,723 | |||||
| 3,723 | |||||||
| 5. | Governance | Costs | 2023 | 2022 | |||
| Insurance | 431 | 420 | |||||
| Administration | expenses | 2,005 | 122 | ||||
| Legal Fees | 1,176 | ||||||
| Secretarial fees | 8,020 | 7,270 | |||||
| Independent | Examiner's Fees | 1,800 | 1,764 | ||||
| Bank charges | 41 | 97 | |||||
| 12,297 | 10,849 | ||||||
| The Governance | Costs all | relate to the one activity ofthe Trust. |
| 7 | Analysis ofexpenditure | Analysis ofexpenditure | on charitable | activities | 2023 | 2022 |
|---|---|---|---|---|---|---|
| Grants to institutions | g | g | ||||
| Peace Building | 23,580 | 43,095 | ||||
| Outreach Work | 25,590 | 70,460 | ||||
| lofC Support | 61,229 | 19,900 | ||||
| 110,399 | 133,455 | |||||
| S. | Fixed asset investments | |||||
| 2023 | 2022 | |||||
| g | ||||||
| Fair Value | ||||||
| At 1stApril 2022 | 6,558,556 | 3,098,929 | ||||
| Additions at cost |
85,097 | 3,120,364 | ||||
| Proceeds ofdisposals | (155,111) | (177,247) | ||||
| Realised gains/(losses) | on disposals | 22,104 | 323 | |||
| Unrealised (losses)/gains |
on revaluation | (293,767) | 516,189 | |||
| At 31stMarch 2023 | 6,216,879 | 6,558,558 | ||||
| Investments at fair value comprised: |
||||||
| UK Equities | 6,216,879 | 6,558,558 | ||||
| Historical cost at 31stMarch 2023 | 5,919,640 | 5,990,671 | ||||
| All investments are listed UK securities. |
||||||
| 9. | Creditors: amounts | falling due | 2023 | 2022 | ||
| within one year | g | |||||
| Trade creditors | 1,528 | 1,500 |
| Opening | Gains & | Closing | ||||
|---|---|---|---|---|---|---|
| Balance | Income | Expenditure | Losses | Balance | ||
| K | K | g | ||||
| Unrestricted | funds: | |||||
| General funds | 6,564,274 | 89,120 | (131,219) | (271,663) | 6,250,512 |
| Analysis of | net assets in unrestri | cted funds |
||
|---|---|---|---|---|
| Fixed | Other Net | Total | ||
| Assets | Assets | |||
| Unrestricted | funds | 6,216,879 | 33,633 | 6,250,512 |