2024-06-30-accounts - Skinners' Charity Foundation

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`Trustees`	`LordEvansofWeardaleKCBDL(chairman)`	`LordEvansofWeardaleKCBDL(chairman)`
	`TheLordLisvaneKCBDL`	`(resigned16.4.24)`
	`MrBenedictBeddard`	`(from16.4.24)`
	`MrsAnneDudleyBuchanan`
	`MrSimonHolden`
	`ProfessorPaulMartin`	`(from24November2023)`
	`MrsLyndaMyers`	`(resigned16.4.24)`
	`TheHon.MrsEmmelineWinterbotham`
	`MrDmitryYashnikov`	`(from16.4.24)`
`ClerktotheTrustees`	`MajorGeneralAndrewKennett`	`CBE`
`PrincipalOffice`	`Skinners’Hall,` `8DowgateHill,London,EC4R2SP`
`CharityNumber`	`1199923`

`heStatementofFinancialActivitiesoftheCharitycanbesum`	`marisedasfollows:`
	`2024`	`2023`
	`£`
`Donationsreceived` `Otherincome`	`24,142,929` `62,681`	`570,003` `1,695`
	`24,205,610`	`571,698`
`Grantsandcharitableactivities`	`49,629`	`1,842`
`Investmentmanagementcosts`	`1,748`		`-`
`Netincomingresourcesbeforegainsandlosses`	`24,154,233`	`569,856`

`Total`							`570,003`	`570,003`	`1,695`	`571,698`				`1,842`		`(320)`	`569,536`	`569,536`	`569,536`		`569,536`
`Total`							`24,142,929`		`59,907` `2,774`	`24,205,610`		`49,629`	`1,748`	`51,377`	`18`	`529,151`	`24,683,402`		`24,683,402`	`569,536`	`25,252,938`
	`Permanent`	`Endowment`	`Fund`	`£`			`19,236,199`		`59,827`	`19,296,026`			`1,407`	`1,407`		`425,387`	`19,720,006`		`19,720,006`	`463,631`	`20,183,637`
`Restricted`	`Unrestricted` `Fund` `Expendable`	`Funds` `Heritage&` `Endowment`	`Education` `Fund`	`£` `£` `£`	`Notes`	`Incomefrom:`	`Donations` `844,094` `4,062,636`	`Investments` `Bankinterest` `2,774` `80`		`Totalincome` `846,868` `80` `4,062,636`	`Expenditureon:`	`Grantsandcharitableactivities`	`Investmentmanagementcosts`		`Realisedgainsoninvestments`	`Unrealisedgains/(losses)oninvestments`	`Netincome` `797,239` `21,160` `4,144,997`	`Transfersbetweenfunds`	`Netmovementinfundsfortheperiod` `797,239` `21,160` `4,144,997`	`Balancesbroughtforward` `(147)` `106,052`	`Balancescarriedforwardat30June2024` `797,092` `127,212` `4,144,997`	`Thestatementoffinancialactivitiescontainsallgainsandlossesfortheyear,whichallrelatetocontinuingactivities.`

			`2024`		`2023`
	`Notes`		`£`
`Fixedassets`
`Permanentendowmentfundinvestments`			`19,933,542`		`463,631`
`Expendableendowmentinvestments`			`3,283,743`
`RestrictedFundinvestments`			`127,291`		`106,052`
`Programrelatedinvestments`			`1,685,178`
			`25,029,754`		`569,683`
`Currentassets`
`Debtorsandprepayments`		`19,978`
`Cashatbank`		`245,921`
		`265,899`
`Currentliabilities`
`Amountsfallingduewithinone` `year`		`(42,715)`		`(1,842)`
`Netcurrentassets`			`223,184`		`(147)`
`Netassets`			`25,252,938`		`569,536`
`Funds` `Permanentendowment`			`20,183,637`		`463,631`
`Expendableendowment`			`4,144,997`
`Restrictedfund- Heritage`			`127,212`		`106,052`
`Unrestrictedfund`			`797,092`		`(147)`
			`25,252,938`		`569,536`

	`Note`	`2024` `£`	`2023` `£`	`2023` `£`
`Cashflowsfromoperatingactivities` `Netcashprovidedby(usedin)operatingactivities`	`11`	`1,683,548`	`(1,695)`
`Cashflowsfrominvestingactivities`
`Dividends,interestandrentsfrominvestments`		`62,681`	`1,695`
`Proceedsfromthesaleofproperty`
`Purchaseofpropertyplantandequipment` `Proceedsfromsaleofinvestments` `Purchaseofinvestments` `Netcashprovidedbyinvestingactivities` `Changeincashandcashequivalentsinthereportingperiod`		`350` `(1,500,658)` `(1,437,627)` `245,921`	`1,695`	`-` `:` `.`
`Cashandcashequivalentsatthebeginningofthereportingperiod` `Cashandcashequivalentsattheendofthereportingperiod`		`245,921`		`-`

		`Unrestricted`	`Restricted`	`Expendable`	`Permanent`	`Total`
		`Funds`	`Heritage`	`Endowment`	`Endowment`	`2024`
		`£`	`£`	`£`	`£`	`£`
	`Incomefrominvestments` `Bankinterest` `Donations`	`-` `2,774` `844,094`	`80` `-` `-`	`-` `-` `4,062,636`	`59,827` `-` `19,236,199`	`59,907` `2,774` `24,142,929`
		`846,868`	`80`	`4,062,636`	`19,296,026`	`24,205,610`
	`Comparativefiguresforincomeforyearended30June2023`
		`Unrestricted`	`Restricted`	`Expendable`	`Permanent`	`Total`
		`Funds`	`Heritage`	`Endowment`	`Endowment`	`2023`
		`£`	`£`	`£`	`£`	`£`
	`Incomefrominvestments` `Bankinterest` `Donations`	`1,695` `-` `-`	`-` `-` `100,778`	`-` `-` `-`	`-` `-` `469,225`	`1,695` `-` `570,003`
		`1,695`	`100,778`	`“`	`469,225`	`571,698`
`3`	`Charitableactivities`
					`2024`	`2023`
	`Grants`				`£`	`£`
	`Grantstoindividuals`				`15,497`	`-`
	`GrantstoCharitiesProgramme:` `LoughboroughJunction`				`8,000`	`-`
					`23,497`	`-`
	`Supportcosts` `Salariesandnationalinsurance` `Printing,postageandtelephone` `Subscriptions` `Audit/examinationfee` `Professionalfee` `Bankcharges` `Meetingexpensesandtravel`				`5,370` `169` `294` `16,390` `2,161` `7` `1,741`	`-` `.` `-` `1,842` `-` `-` `-`
	`Totalsupportcost`				`26,132`	`1,842`
	`Totalcostofcharitableactivities`				`49,629`	`1,842`

		`Restricted`
	`Unrestricted`	`Fund`	`Permanent`	`Permanent`	`Total`
			`Expendable`
	`Funds`	`Heritage&`	`Endowment`	`Endowment`
		`Education`	`Fund`	`Fund`	`2023`
	`£`	`£`	`£`	`£`	`£`
`Incomefrom:`
`Donations`	`-`	`100,778`	`7`	`469,225`	`$70,003`
`Investments`	`1,695`	`=`	`-`	`-`	`1,695`
`Bankinterest`
`Totalincome`	`1,695`	`100,778`	`-`	`469,225`	`571,698`
`Expenditureon:`
`Grantsandcharitableactivities`	`1,842`	`-`	`j`	`s`	`1,842`
`Investmentmanagementcosts`
	`1,842`	`w`	`=`	`2`	`1,842`
`Realisedgains/(losses)oninvestments`
`Unrealisedgains/(losses)oninvestments`	`-`	`5,274`	`-`	`(5,594)`	`(320)`
`Netincome/(expenditure)`	`(147)`	`106,052`	`-`	`463,631`	`569,536`
`Transfersbetweenfunds`
`Netmovementinfundsfortheperiod`	`(147)`	`106,052`	`-`	`463,631`	`569,536`
`Balancesbroughtforward`
`Balancescarriedforwardat30June`
`2023`	`(147)`	`106,052`	`-`	`463,631`	`569,536`

	`2024` `£`	`2023` `£`	`2023` `£`
`Permanentendowmentinvestments` `Marketvaluebroughtforward` `Netadditions` `Unrealisedgain/(loss)` `Marketvaluecarriedforward`	`463,631` `19,044,524` `425,387` `19,933,542`	`469,225` `(5,594)` `463,631`	`:`
`Permanentexpendableendowmentinvestments`
`Marketvaluebroughtforward` `Netadditions` `Unrealisedgain` `Marketvaluecarriedforward`	`3,201,382` `82,361` `3,283,743`		`-` `.` `-`
`Restrictedfundinvestments` `Marketvaluebroughtforward` `Netadditionsand(disposals)` `Unrealisedgain` `Marketvaluecarriedforward`	`106,052` `(164)` `21,403` `127,291`	`100,778` `5,274` `106,052`	`:`

`7`	`Debtors`
			`2024`	`2023`
			`£`	`£`
	`Accruedincome`		`19,978`	`1,695`
`8`	`Currentliabilities:Amountsfallingduewithinoneyear`
			`2024`	`2023`
			`£`	`£`
	`Audit`		`16,390`	`1,842`
	`Othercreditors`		`26,325`	`-`
			`42,715`	`1,842`
`9`	`Analysisofnetassetsbetweenfunds`
				`2024`
		`Investments`	`NetCurrent`	`Total`
			`Assets`
		`£`	`£`	`£`
	`Permanentendowment`	`19,933,542`	`250,095`	`20,183,637`
	`Expendableendowment`	`4,968,921`	`(823,924)`	`4,144,997`
	`RestrictedFund- Heritage`	`127,291`	`(79)`	`127,212`
	`UnrestrictedFund`	`-`	`797,092`	`797,092`
		`25,029,754`	`223,184`	`25,252,938`
				`2023`
		`Investments`	`NetCurrent`	`Total`
			`Assets`
		`£`	`£`	`£`
	`Permanentendowment`	`463,631`	`-`	`463,631`
	`RestrictedFund- Heritage`	`106,052`	`-`	`106,052`
	`UnrestrictedFund`	`-`	`(147)`	`(147)`
		`569,683`	`(147)`	`569,536`

	`2024`	`2023`
	`£`	`£`
`Quotedsecurities:` `Permanentendowment` `Expendableendowment`	`419,793` `82,362`	`(5,594)` `-`
`RestrictedFund- Heritage`	`26,678`	`5,274`
	`528,833`	`(320)`

`Reconciliationofnetmovementinfundstonetcashflowfromoperatingactivities` `2024`	`Reconciliationofnetmovementinfundstonetcashflowfromoperatingactivities` `2024`	`2023`
	`£`	`£`
`Netincomeforthereportingperiod(asperSOFA)`	`24,683,402`	`569,563`
`Adjustmentsfor:` `Non-cashdonations` `Gainsoninvestments`	`(22,430,594)` `(529,169)`	`(570,003)` `320`
`Dividends,interestandrentsfrominvestments` `(Increase)/decreaseindebtors`	`(62,681)` `(18,283)`	`(1,695)` `(1,695)`
`Increaseincreditors`	`40,873`	`1,842`
`Netcash(usedin)operatingactivities`	`1,683,548`	`(1,695)`