| Page | |
|---|---|
| ReportoftheTrustees | 1to5 |
| ReportoftheIndependentAuditors | 6to9 |
| StatementofFinancialActivities | 10 |
| BalanceSheet | 11 |
| CashFlowStatement | 12 |
| NotestotheCashFlowStatement | 13 |
| NotestotheFinancialStatements | 14to17 |
| DetailedStatementofFinancialActivities | 18 |
| Unrestricted | ||
|---|---|---|
| fund | ||
| Notes | ||
| Incomeandendowmentsfrom | ||
| Donationsandlegacies | 2 | 1,162,000 |
| Investmentincome | 3 | 2,385 |
| Total | 1,164,385 | |
| Expenditureon | ||
| Raisingfunds | 4 | 8,564 |
| Charitableactivities | 5 | |
| Antigua&BarbudaYouthSymphony | Orchestra | 22,046 |
| BohdanIlnytskyi | 1,000 | |
| Other | 7,578 | |
| Total | 39,188 | |
| NETINCOME | 1,125,197 | |
| Totalfundscarriedforward | 1,125,197 |
| Unrestricted | ||
|---|---|---|
| fund | ||
| Notes | ||
| Currentassets | ||
| Debtors | 10 | 961 |
| Cashatbank | 1140,300 | |
| L141,261 | ||
| Creditors | ||
| Amountsfallingduewithinoneyear | 11 | (16,064) |
| Netcurrentassets | 1,125,197 | |
| Totalassetslesscurrentliabilities | 1,125,197 | |
| NETASSETS | 1,125,197 | |
| Funds | 12 | |
| Unrestrictedfunds | 1,125,197 | |
| Totalfunds | 1,125,197 |
| Notes | ||
|---|---|---|
| Cashflowsfromoperatingactivities | ||
| Cashgeneratedfromoperations | 1 | 1,137,915 |
| Netcashprovidedbyoperatingactivities | 1,137,915 | |
| Cashflowsfrominvestingactivities | ||
| Interestreceived | 2,385 | |
| Netcashprovidedbyinvestingactivities | 2,385 | |
| Changeincashandcashequivalentsin | ||
| thereportingperiod | 1,140,300 | |
| Cashandcashequivalentsatthe | ||
| beginningofthereportingperiod | ||
| Cashandcashequivalentsattheendof | ||
| thereportingperiod | 1,140,300 |
| 1. | Reconciliationofnetincometonetcashflowfromoperatingactivities | ||
|---|---|---|---|
| Netincomeforthereportingperiod(asperthe StatementofFinancial | |||
| Activities) | 1,125,197 | ||
| Adjustmentsfor: | |||
| Interestreceived | (2,385) | ||
| Increaseindebtors | (961) | ||
| Increaseincreditors | 16,064 | ||
| Netcashprovidedbyoperations | 1,137,915 | ||
| 2. | Analysisofchangesinnetfunds | ||
| At1/4/22 | Cashflow | At30/4/23 | |
| £ | £ | £ | |
| Netcash | |||
| Cashatbank | 1,140,300 | 1,140,300 | |
| 1,140,300 | 1,140,300 | ||
| Total | 1,140,300 | 1,140,300 |
| 3. | Investmentincome | |
|---|---|---|
| £ | ||
| Depositaccountinterest | 2,385 | |
| 4. | Raisingfunds | |
| Raisingdonationsandlegacies | ||
| £ | ||
| Supportcosts | 8,564 | |
| 5. | Charitableactivitiescosts | |
| Grant | ||
| fundingof | ||
| activities | ||
| (seenote | ||
| 6) | ||
| £ | ||
| Antigua&BarbudaYouthSymphony | ||
| Orchestra | 22,046 | |
| BohdanIlnytskyi | 1,000 | |
| 23,046 | ||
| 6. | Grantspayable | |
| £ | ||
| Antigua&BarbudaYouthSymphonyOrchestra | 22,046 | |
| BohdanIlnytskyi | 1,000 | |
| 23,046 |
| Auditors'remuneration | 7,500 | ||
|---|---|---|---|
| 10. | Trustees'remunerationandbenefits | ||
| Therewerenotrustees'remunerationorotherbenefitsfortheperiodended30April2023. | |||
| Trustees'expenses | |||
| Therewerenotrustees'expensespaidfortheperiodended30April2023. | |||
| 11. | Debtors:amountsfallingduewithinoneyear | ||
| Prepaymentsandaccruedincome | 961 | ||
| 12. | Creditors:amountsfallingduewithinoneyear | ||
| Othercreditors | 8,564 | ||
| Accrualsanddeferredincome | 7,500 | ||
| 16,064 | |||
| 13. | Movementinfunds | ||
| Net | |||
| movement | |||
| infunds | At30/4/23 | ||
| £ | £ | ||
| Unrestrictedfunds | |||
| Generalfund | 1,125,197 | 1,125,197 | |
| TOTALFUNDS | 1,125,197 | 1,125,197 | |
| Netmovementinfunds,includedintheaboveareasfollows: |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | infunds | |
| £ | £ | £ | |
| Unrestrictedfunds | |||
| Generalfund | 1.164,385 | (39,188) | 1,125,197 |
| TOTALFUNDS | 1,164,385 | (39,188) | 1.125,197 |
| £ | |
|---|---|
| Incomeandendowments | |
| Donationsandlegacies | |
| Donations | 1,162,000 |
| Investmentincome | |
| Depositaccountinterest | 2,385 |
| Totalincomingresources | 1,164,385 |
| Expenditure | |
| Charitableactivities | |
| Grantstoinstitutions | 23,046 |
| Supportcosts | |
| Finance | |
| Bankcharges | 78 |
| Governancecosts | |
| Auditors'remuneration | 7,500 |
| Accountancyandlegalfees | 8,564 |
| 16,064 | |
| Totalresourcesexpended | 39,188 |
| Netincome | 1,125,197 |