2023-03-31-accounts

		Page
Trustees' annual report
Independent auditor's	report to the members
Statement offinancial	activities
Statement offinancial	position
Statement ofcash flows		10
Notes to the financial	statements

		Perio	d from 16February	2022 to31March 2	023
					Period from	16February
					2022 to31	March 2023
					Unrestricted
					funds	Total funds
				Note	f.
Income and endowments
Donations and legacies				4	7,705,000	7,705,000
Total income					7,705,000	7,705,000
Expenditure
Expenditure on charitable		activities		5,6	7,220,504	7,220,504
Total expenditure					7,220,504	7,220,504
Net income and net	movement		in funds		484 496	484 496
Reconciliation offunds
Total funds brought	forward
Total funds carried	forward				484,496	484,496

					2023
			Note
Fixed assets
Programme	related	investments	12		351,690
Current assets
Cash at bank	and in	hand		135,806
Creditors: amounts		falling due within one year	13	3,000
Net current	assets				132,806
Total assets	less current liabilities				484,496
Net assets					484,496
Funds ofthe charity
Unrestricted	funds				484,496
Total charity funds			14		484,496

P		eriod from	16February 2022 to 31M	arch 2023
				Period from
				16February
				2022 to
				31March
				2023
Cash flows from operating		activities
Net income				484,496
Adjustments for:
Bank charges				504
Accrued expenses				3,000
Cash generated from operations				488,000
Bank charges				(504)
Net cash from operating activities				487,496
Cash flows from investing		activities
Purchase ofprogramme related investments				(351,690)
Net cash used in investing	activities			(351,690)
Net increase in cash and cash equivalents				135,806
Cash and cash equivalents		at beginning	ofperiod
Cash and cash equivalents		at end ofperiod		135,806

5.	Expenditure	Period on charitable	from 16February 2022 to31 activities by fund type	March 2023
				Period to	31March 2023
				Unrestricted
				Funds	Total Funds
	Donations Support costs			7,214,000 6,504	7,214,000 6,504
				7,220,504	7,220,504
6.	Expenditure	on charitable	activities by activity type

6.	Expenditure on cha	ritable activitie	s by act	ivity type
						Period to 31March 2023
					Grant funding
					ofactivities	Support costs	Total funds
	Donations Governance costs				7,214,000	6,504	7,214,000 6,504
					7,214,000	6,504	7,220,504
7.	Analysis ofsupport	costs
						Period to 31March 2023
						Analysis of
						support costs	Total
	Finance costs Governance costs					504 6,000	504 6,000
						6,504	6,504
8.	Analysis ofgrants
							Period to
							31March
							2023
	Grants to institutions
	East Anglia's Childrens Hospice Children's Hospice South West Sebastian's Action Trust Birmingham Women's and Children's Helen and Douglas House Rainbows Acorns Children's Hospice Desford Colliery Band Francis Crick Institute Hope House Ty Gobiath Seashell Trust Shakespeare Hospice Go Beyond The Princes Trust		Hospital	Charity			500,000 250,000 80,000 700,000 500,000 500,000 500,000 4,000 2,500,000 20,000 500,000 110,000 50,000 1,000,000
							7,214,000
	Total grants						7,214,000

	Unrestricted	Total Funds
	Funds	2023
Investments Current assets	351,690 135,806	351,690 135,806
Creditors less than I year	(3,000)	(3,000)
Net assets	484,496	484,496

							At			At
						16	February			31March
							2022	Cash	flows	2023
Cash	at	bank	and	in	hand				135,806	135,806