| Page | |
|---|---|
| ReferenceandadministrativedetailsoftheCharity,itsTrusteesandadvisers | |
| Trustees’report | 2-4 |
| Independentexaminer'sreport | 5-6 |
| Statementoffinancialactivities | 7 |
| Balancesheet | |
| Notestothefinancialstatements | 9-17 |
| Trustees | EdwardJackson |
|---|---|
| FreyaDawson | |
| AndrewCraigSummers | |
| OliverBarkley | |
| EuanCraig | |
| RossStirling(appointed2August2022) | |
| Charityregistered | |
| number | 1188562 |
| Principaloffice | WhiteLias |
| LovesHill | |
| Timsbury | |
| Bath | |
| BA20EU | |
| IndependentExaminer | CroweU.K.LLP |
| CharteredAccountants | |
| FourthFloor | |
| StJamesHouse | |
| StJamesSquare | |
| Cheltenham | |
| GL503PR |
| Reservesrange | £ |
|---|---|
Financialimpactofrisk(section4) |
12,000 |
| Continuityfund(section5) | 10,000 |
| Commitmentsandlong-termplans(section6) | 5,000 |
| Dissolutionfund(section7) | 8,000 |
| Minimumrequired | 25,000 |
| Maximumrequired | 35,000 |
MILLIMETRES 2 MOUNTAINS FOUNDATION CIO
INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed:
Dated: 30 October 2023
Guy Biggin FCCA, ACA Crowe U.K. LLP Chartered Accountants Fourth Floor St James House St James Square Cheltenham GL50 3PR
Page6
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| Note | £ | £ | £ | |
| Incomefrom: | ||||
| Donations | 3 | 259,451 | 259,451 | 112,084 |
| Totalincome | 259,451 |
259,451 |
112,084 |
|
| Expenditureon: | ||||
| Raisingfunds | 4 | 3,132 | 3,132 | 1,856 |
| Charitableactivities | 6 | 183,243 | 183,243 | 78,761 |
| Donationspaid | - | - | 250 | |
| Totalexpenditure | 186,375 |
186,375 |
80,867 |
|
| Netmovementinfunds | 73,076 |
73,076 |
31,217 |
|
| Reconciliationoffunds: | ||||
| Totalfundsbroughtforward | 56,105 | 56,105 | 24,888 | |
| Netmovementinfunds | 73,076 | 73,076 | 31,217 | |
| Totalfundscarriedforward | 129,181 |
129,181 |
56,105 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | |||||
| Currentassets | |||||
| Debtors | 11 | 20,500 | 2,545 | ||
| Cashatbankandinhand | 116,751 | 63,376 | |||
| 137,251 | 65,921 | ||||
| Creditors:amountsfallingduewithinone year |
12 | (8,070) | (9,816) | ||
| Netcurrentassets | 129,181 | 56,105 | |||
| Totalassetslesscurrentliabilities | 129,181 | 56,105 | |||
| Totalnetassets | 129,181 | 56,105 | |||
| Charityfunds | |||||
| Unrestrictedfunds | 13 | 129,181 | 56,105 | ||
| Totalfunds | 129,181 | 56,105 |
| Unrestricted | Total |
|---|---|
| funds | funds |
| 2022 | 2022 |
| £ | £ |
| 259,451 | 259,451 |
| Unrestricted | Total |
| funds | funds |
| 2021 | 2021 |
| £ | £ |
| 112,084 | 112,084 |
| Unrestricted | Total |
|---|---|
| funds | funds |
| 2022 | 2022 |
| £ | |
| 3,132 | 3,132 |
| Unrestricted | Total |
|---|---|
| funds | funds |
| 2021 | 2021 |
| £ | |
| 1,856 | 1,856 |
| Grantsto | Grantsto | Total | |
|---|---|---|---|
| Institutions | Individuals | funds | |
| 2022 | 2022 | 2022 | |
| £ | £ | £ | |
| Grantmaking | 20,000 | 250 | 20,250 |
| Grantsto | Total |
|---|---|
| Institutions | funds |
| 2021 | 2021 |
| £ | |
| 20,000 | 20,000 |
| Unrestricted | |
|---|---|
| funds | Total |
| 2022 | 2022 |
| £ | £ |
| 183,243 | 183,243 |
| Unrestricted | |
|---|---|
| funds | Total |
| 2021 | 2021 |
| £ | |
| 78,761 | 78,761 |
| Activities | Grant | ||
|---|---|---|---|
| undertaken | fundingof | Support | Total |
| directly | activities | costs | funds |
| 2022 | 2022 | 2022 | 2022 |
| £ | £ | £ | £ |
| 134,236 | 20,250 | 28,757 | 183,243 |
| Activities | Grant | ||
|---|---|---|---|
| undertaken | fundingof | Support | Total |
| directly | activities | costs | funds |
| 2021 | 2021 | 2021 | 2021 |
| £ | £ | ||
| 48,232 | 20,000 | 10,529 | 78,761 |
| Total | ||
|---|---|---|
| Activities | funds | |
| 2022 | 2022 | |
| £ | ||
| Staffcosts | 19,855 | 19,855 |
| Printing,PostageandStationery | 143 | 143 |
| Computerexpenses | 535 | 535 |
| Governancecosts,independentexaminerfees | 4,414 | 4,414 |
| Administrationcosts | 566 | 566 |
| Advertising | 2,714 | 2,714 |
| Bankchargesandfees | 28 | 28 |
| Subscriptions | 36 | 36 |
| Insurance | 386 | 386 |
| Training | 80 | 80 |
| 28,757 | 28,757 |
| Total | ||
|---|---|---|
| Activities | funds | |
| 2021 | 2021 | |
| £ | ||
| Printing,PostageandStationery | 1,585 | 1,585 |
| Computerexpenses | 127 | 127 |
| Governancecosts,independentexaminerfees | 3,000 | 3,000 |
| Administrationcosts | 701 | 701 |
| Advertising | 2,366 | 2,366 |
| Accountancyfees | 326 | 326 |
| Bankchargesandfees | 1,537 | 1,537 |
| Subscriptions | 144 | 144 |
| Insurance | 416 | 416 |
| Training | 327 | 327 |
| 10,529 | 10,529 |
| 2022 | 2021 | |
|---|---|---|
| FeespayabletotheCharity'sindependentexaminerfortheindependent examinationoftheCharity'sannualaccounts |
1,500 | 1,500 |
| FeespayabletotheCharity'sindependentexaminerinrespectof: | ||
| Preparationofthefinancialstatements | 1,000 | 1,000 |
| 2022 | |
|---|---|
| Wagesandsalaries Socialsecuritycosts Contributiontodefinedcontributionpensionschemes |
14,434 4,435 986 |
| 19,855 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Duewithinoneyear | ||
| Tradedebtors | 8,000 | 2,545 |
| Prepaymentsandaccruedincome | 12,500 | - |
| 20,500 | 2,545 | |
| Creditors:Amountsfallingduewithinoneyear | ||
| 2022 | 2021 | |
| £ | £ | |
| Tradecreditors | 962 | 2,916 |
| Othercreditors | 207 | - |
| Accruals | 6,901 | 6,900 |
| 8,070 | 9,816 |
| Balanceat | ||||
|---|---|---|---|---|
| Balanceat1 | 31 | |||
| January | December | |||
| 2022 | Income | Expenditure | 2022 | |
| £ | £ | £ | £ | |
| Unrestrictedfunds | ||||
| Reserves | 56,105 | 259,451 | (186,375) | 129,181 |
| Statementoffunds-prioryear | ||||
| Balanceat | ||||
| Balanceat | 31 | |||
| 1January | December | |||
| 2021 | Income | Expenditure | 2021 | |
| £ | £ | £ | ||
| Unrestrictedfunds | ||||
| GeneralFunds | 24,888 | 112,084 | (80,867) | 56,105 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2022 | |||
| £ | £ | |||
| Current Creditors |
assets due |
withinoneyear |
137,251 (8,070) |
137,251 (8,070) |
| Total | 129,181 | 129,181 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2021 | |||
| £ | £ | |||
| Current | assets | 65,921 | 65,921 | |
| Creditors | due | withinoneyear | (9,816) | (9,816) |
| Total | 56,105 | 56,105 |