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2022-04-05-accounts
|
Page |
| Trustees' report |
1 -2 |
| Independent auditor's report |
3-6 |
| Statement of financial activities |
7 |
| Balance sheet |
8 |
| Notes to the financial statements |
10-14 |
|
|
Unrestricted |
|
|
funds |
|
|
2022 |
|
Notes |
£ |
| Income from: |
|
|
| Donations and legacies |
3 |
1,000,000 |
| Expenditure on: |
|
|
| Charitable activities |
4 |
3,000 |
| Net gains/(losses) on investments |
7 |
(62,183) |
| Net movement in funds |
|
934,817 |
| Fund balances at 9 November 2020 |
|
|
| Fund balances at 5 April 2022 |
|
934,817 |
|
|
2022 |
|
|
Notes |
£ |
£ |
| Fixed assets |
|
|
|
| Investments |
8 |
|
937,817 |
| Current assets |
|
|
|
| Creditors: amounts falling due within one year |
9 |
(3,000) |
|
| Net current liabilities |
|
|
(3,000) |
| Total assets lesscurrent liabilities |
|
|
934,817 |
| Income funds |
|
|
|
| Unrestricted funds |
|
|
934,817 |
|
|
|
934,817 |
|
|
2022 |
|
| Notes |
£ |
|
£ |
| Cash flows from operating activities |
|
|
|
| Net cash used in investing activities |
|
|
|
| Net cash used in financing activities |
|
|
|
| Net increase in cash and cash equivalents |
|
|
|
| Cash and cash equivalents at beginning of Period |
|
|
|
| Cash and cash equivalents at end of Period |
|
|
|
|
Unrestricted |
|
funds |
|
2022 |
|
£ |
| Legacies receivable |
1,000,000 |
|
Unrestricted |
|
funds |
|
2022 |
|
£ |
| Revaluation gain/(loss) of investments debtor |
(60,703) |
| Realised gain/(ioss) on sale of investments |
(1,480) |
|
(62,183) |
| 8 |
Fixed asset investments |
|
|
(Continued) |
|
|
Investment |
Cash in |
Total |
|
|
portfolio |
portfolio |
|
|
|
£ |
|
£ |
|
Cost or valuation |
|
|
|
|
At 9 November 2020 |
|
|
|
|
Additions |
1,000,000 |
|
1,000,000 |
|
Valuation changes |
(60,703) |
|
(60,703) |
|
Proceeds held by investment manager |
|
25,856 |
25,856 |
|
Disposals |
(27,336) |
|
(27,336) |
|
At 5 April 2022 |
911,961 |
25,856 |
937,817 |
|
Carrying amount |
|
|
|
|
At 05 April 2022 |
911,961 |
25,856 |
937,817 |
|
At 9 November 2020 |
|
|
|
| 9 |
Creditors: amounts falling due within one year |
|
|
|
|
|
|
|
2022 |
|
|
|
|
£ |
|
Accruals |
|
|
3,000 |
| 10 |
Analysis of net assets between funds |
|
|
|
|
|
|
|
Unrestricted |
|
|
|
|
funds |
|
|
|
|
2022 |
|
|
|
|
£ |
|
Fund balances at 5 April 2022 are represented by: |
|
|
|
|
Investments |
|
|
937,817 |
|
Current assets/(liabilities) |
|
|
(3,000) |
|
|
|
|
934,817 |
| 13 |
Cash generated from operations |
2022 |
|
|
£ |
|
Surplus for the Period |
934,817 |
|
Adjustments for: |
|
|
Non cash donation |
(1,000,000) |
|
Loss on disposal of investments |
1,480 |
|
Fair value gains and losses on investments |
60,703 |
|
Movements in working capital: |
|
|
Increase in creditors |
3,000 |
|
Cash absorbed by operations |
|