| Page | ||
|---|---|---|
| Trustees report | 1-3 | |
| Independent auditor's |
report | |
| Statement offinancial |
activities | |
| Balance sheet | ||
| Statement ofcash flows |
13 | |
| Notes to the financial | statements | 10-19 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Notes | 2 | |||||
| Fixed assets | ||||||
| Investments | 10 | 3,329,062 | ||||
| Current assets | ||||||
| Debtors Cash at bank and in |
hand | 3,477 119,857 |
50,433 | |||
| Creditors: amounts | fading due within | 12 | 123,334 | 50,433 | ||
| one year | 9,804 | 9,852 | ||||
| Net current assets | 113,530 | |||||
| Total assets less current liabilities | 3,442,592 | |||||
| The funds ofthe charity | ||||||
| Unrestricted funds |
3,442,592 | |||||
| 3,442,592 | ||||||
| The financial statements | were approved | by the lrus | es on ..2.'t ..%.t~ |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2023 | 2022 | ||
| Notes | 2 | 8 | |
| Donations and legacies Investments |
2 3 |
3,674,148 59,258 |
181,251 |
| Total income | 3,733,406 | 181,251 | |
| ~e~nitu~re n: |
|||
| Charitable activities |
4 | 295,814 | 140,670 |
| Net income IExpenditure | 3,438,378 | 40,581 | |
| Net gains/(losses) on investments |
8 | (35,581) | |
| Net movement in funds |
3,402,011 | 40,581 | |
| Fund balances at 1 April 2022 | 40,581 | ||
| Fund balanoes at 31 INarch 2023 | 3,442,592 | 40,581 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 6 | ||||||
| Gash flows from opemting | activities | ||||||
| Cash generated from operations |
14 | 3,374,809 | |||||
| Investing | activities | ||||||
| Purchase Proceeds |
ofinvestments from disposal of |
investments | (3,968,768) 604,125 |
||||
| Investment | income received | 59,258 | |||||
| Net cash | used in investing | activities | (3,305,385) | ||||
| Net cash | used in financing | activities | |||||
| Net increase in cash snd cash equivalents | 69,424 | ||||||
| Cash snd | cash equivalents | at beginning | ofyear | 50,433 | |||
| Gash and | cash equivalents | at end of | year | 119,857 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| itunds | funds | ||
| 2023 | 2022 | ||
| 8 | 8 | ||
| Donations Gift Aid |
and gifts | 2,938,840 735,308 |
145,000 36,251 |
| 3,674,148 | 181,251 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2023 | 2022 | ||
| 8 | 8 | ||
| Income Interest |
from listed investments receivable |
48,023 11,235 |
|
| 59,258 |
| Iteading ¹ac882 |
Heading ¹ac982 |
|||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Direct costs | 8 | |||
| Grant funding ofactivities (see note | 6) | 264,535 | 121,164 | |
| Share ofsupport snd governance | costs (see note 8) | |||
| Support Governance |
23,420 7,859 |
9,654 9,852 |
||
| 295,814 | 140,670 | |||
| Analysis by |
hmd | |||
| Unrestricted | funds | 295,814 | 140,670 |
| Support c | osts allocated to activities | ||
|---|---|---|---|
| 2023f | 2022f | ||
| Governance | costs | 23,420 7,859 |
9,654 9,852 |
| 31,279 | 19,506 | ||
| Anatysed | between: | ||
| Heading ¹ac982 | 31,279 | 19,506 |
| Grant | |||
|---|---|---|---|
| funding | |||
| 2023 | 2022 | ||
| 8 | 5 | ||
| Grants to institutions (23grants): |
|||
| Kids out | |||
| Lifelites | 33,000 | ||
| Youth Space Saint Francis Hospice Activiteens |
8,000 | 20,000 3,665 13,000 |
|
| Turning comers | 15,424 | ||
| Renaissance Foundation |
5,075 | ||
| Children Ahead | 20,000 | ||
| Boxes ofBasics | 6,000 | ||
| Barking and Dagenham Progress Project Brighter opportunities for Special people Clapton Common Boys Club Family Links - The Centre for Emotional Health Football Beyond Borders Happy Days Happy Kids Hope forthe Young Little Heroes ASD Support Group Live Music Now Ltd |
7,715 7,310 12,800 10,000 8,685 10,088 13,930 8,000 8,530 |
5,000 | |
| Power2 | 10,000 | ||
| Prisoners Education Trust |
9,445 | ||
| Renaissance Foundation |
14,475 | ||
| Romsey Mill |
10,000 | ||
| South Essex Gymnastics Club Southend Young Mens Christian Association Special Needs and Parents (SNAP) Teen Action |
12,971 1,000 36,209 5,000 |
||
| The Big House Theatre Company The Happy and Healthy Trust The OLLIE Foundation |
8,950 19,705 4,223 |
||
| Wilderness Foundation |
25,500 | ||
| 12,000 | |||
| 264,535 | 121,164 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2023 | 2022 | |||
| Gains/(losses) | arising on: | 8 | 8 | |
| Revaluation ofinvestments Sale ofinvestments |
(29,632) (5,949) |
|||
| (35,581) |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Amounts falling due within one year: |
8 | 8 | ||
| Prepayments and accrued income |
3,477 | |||
| 12 | Creditors: amounts | falling due within one year | ||
| 2023 8 |
2022f | |||
| Trade creditors | 804 | |||
| Accruals and deferred | income | 9,000 | 9,852 | |
| 9,804 | 9,852 |
| designated funds |
which have | been set a | si | de out o | funrestricted f |
unds by the trust |
ees for spedfic | purposes. |
|---|---|---|---|---|---|---|---|---|
| At | 1 | April | Incoming | Resources | Gains and | At 31 INarch | ||
| 2022 tt |
resources 2 |
expended 8 |
lossesf | 2023 8 |
||||
| General funds | 40,581 | 3,733,406 | (295,814) | (35,581) | 3,442,592 | |||
| Previous period: | At | 1 | April | Incoming | Resources | Gains and | At 31 INarch | |
| 2021 | nrsoufces | expended | losses | 2022 | ||||
| 2 | 8 | 8 | 8 | |||||
| General funds | 181,251 | (140,670) | 40,581 | |||||
| Cash generated from operations |
2023 | 2022 | ||||||
| 8 | 8 | |||||||
| Surplus for the year | 3,402,011 | 40,581 | ||||||
| Adjustments for. |
||||||||
| Investment income Loss on disposal of Fair value gains and |
recognised investments losses on |
in statement investments |
offinancial activities | (59,258) 5,949 29,632 |
||||
| Movements in working capital: |
||||||||
| (Increase) in debtors (Decrease)fincrease |
in creditors | (3,477) (48) |
9,852 | |||||
| Cash generated from operations |
3,374,809 | 50,433 |