| CUSTODIANTRUSTEES | JMFinnNomineesLtd |
|---|---|
| 4ColemanStreet | |
| London | |
| EC2R5TA |
25 April 2024
| Unrestricted | Restricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Note | Funds | Funds | Funds | 2023 | 2022 | ||
| £ | £ | £ | E | £ | |||
| INCOMEAND | |||||||
| ENDOWNMENTSFROM: | |||||||
| VoluntaryIncome | |||||||
| Donations&legacies | 15,067 | 1,314 | - | 16,381 | 42,257 | ||
| Grants | - | - | - | - | 26,657 | ||
| TotalVoluntaryIncome | 15,067 | 1,314 | - | 16,381 | 68,914 | ||
| Charitableactivities | |||||||
| Provisionoffacilities | 161,456 | - | - | 161,456 | 143,695 | ||
| Library | 21,657 | 1,400 | - | 23,057 | 32,592 | ||
| Workshopsandexhibitions | 37,951 | - | - | 37,951 | 10,436 | ||
| Theatre | 91,460 | - | - | 91,460 | 99,223 | ||
| TOTALCHARITABLE ACTIVITIES |
312,524 | 1,400 | - | 313,924 | 285,946 | ||
| Othertradingactivities | |||||||
| Activitiesforgenerating funds |
2 | 418,257 | - | - | 418,257 | 291,575 | |
| Investments | |||||||
| Investmentincome | - | - | 94,396 | 94,396 | 96,459 | ||
| Otherincome | 94,396 | 4 | (94,396) | . | - | ||
| TOTALINCOMEAND ENDOWMENTS |
840,244 | 2,714 | - | 842,958 | 742,894 |
| Raisingfunds | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Generaldonations | 355 | - | - | 355 | 595 | ||||||
| Fundraisingtrading | 431,359 | - | - | 431,359 | 320,474 | ||||||
| Investmentmanagement | . | . | 23,401 | 23,401 | 28,191 | ||||||
| fees | |||||||||||
| 431,714 | - | 23,401 | 455,115 | 349,260 | |||||||
| Charitableactivities | |||||||||||
| Provisionoffacilities | 131,170 | 1,344 | 34,000 | 166,514 | 160,646 | ||||||
| Library | 253,384 | 10,934 | - | 264,318 | 266,101 | ||||||
| Workshops | 31,333 | = | - | 31,333 | 25,726 | ||||||
| Theatre | 99,422 | - | - | 99,422 | 92,364 | ||||||
| 515,309 | 12,278 | 34,000 | 561,587 | 544,837 | |||||||
| TOTALEXPENDITURE | 4 | 947,023 | 12,278 | 57,401 | 1,016,702 | 894,097 | |||||
| (NetLosses)/Netgainson | |||||||||||
| investments | |||||||||||
| - | - | (198,831) | (198,831) | (502,436) | |||||||
| NET(EXPENDITURE)/ INCOME |
3 | (106,779) | (9,564) | (256,232) | (372,575) | (653,639) | |||||
| Transferbetweenfunds | 12/ 13 |
(35,965) | “ | 35,965 | - | - | |||||
| NETMOVEMENTIN | |||||||||||
| FUNDS | |||||||||||
| Reconciliationoffunds: | (142,744) | (9,564) | (220,267) | (372,575) | (653,639) | ||||||
| TOTALFUNDSBROUGHT FORWARD |
49,205 | 59,238 | 7,984,340 | 8,092,783 | 8,746,422 | ||||||
| TOTALFUNDSCARRIED FORWARD |
(93,539) | 49,674 | 7,764,073 | 7,720,208 | 8,092,783 |
| Group | Charity | ||||
|---|---|---|---|---|---|
| Notes | 2023 | 2022 | 2023 | 2022 | |
| £ | £ | £ | £ | ||
| FIXEDASSETS | |||||
| Tangibleassets | 6 | 4,829,729 | 4,885,145 | 4,829,729 | 4,885,145 |
| Investments | 8 | 2,904,063 | 3,216,577 | 2,904,063 | 3,216,579 |
| TOTALFIXEDASSETS | 7,733,792 | 8,101,722 | 7,733,792 | 8,101,724 | |
| CURRENTASSETS | |||||
| Stock | 5,387 | 8,255 | 1,854 | 5,561 | |
| Debtors | 9 | 151,400 | 141,215 | 83,600 | 115,560 |
| Cashatbankandinhand | 110,388 | 99,516 | 43,497 | 66,396 | |
| TOTALCURRENTASSETS | 267,175 | 248,986 | 128,951 | 187,517 | |
| CREDITORS:amounts | |||||
| fallingdue withinoneyear | 10 | 280,759 | 257,925 | 142,538 | 128,778 |
| NETCURRENTASSETS | (13,584) | (8,939) | (13,587) | 58,739 | |
| 7,720,208 | 8,092,783 | 7,720,205 | 8,160,463 | ||
| NETASSETS | |||||
| Permanentendowmentfunds | 12 | 7,764,073 | 7,984,340 | 7,764,073 | 7,984,340 |
| Restrictedfunds | 13 | 49,674 | 59,238 | 49,674 | 59,238 |
| Unrestrictedgeneralfunds | (93,539) | 49,205 | (93,542) | 116,885 | |
| 7,720,208 | 8,092,783 | 7,720,205 | 8,160,463 | ||
| TOTALFUNDS | 14 |
| Note | Group | Group | |
|---|---|---|---|
| 2023 | 2022 | ||
| £ | £ | ||
| Cashprovidedby(usedin) operatingactivities |
17 | (187,509) | (145,891) |
| Cashflowsfrominvesting | |||
| activities | |||
| Investmentincome | 94,396 | 96,459 | |
| Purchaseoftangiblefixedassets | (9,699) | (96,003) | |
| Purchaseofinvestments | (422,332) | (438,364) | |
| Proceedsfromsaleofinvestments | 539,710 | 546,324 | |
| Cashprovidedby(usedin) investingactivities |
202,075 | 108,416 | |
| Increase(decrease)incashandcash equivalentsintheyear |
14,566 | (37,565) | |
| Cashandcashequivalentsat | |||
| thebeginningoftheyear | 149,234 | 186,799 | |
| Totalcashandcashequivalentsat theendoftheyear |
163,800 | 149,234 | |
| Analysisofcashandcashequivalents | |||
| Cashatbankandinhand | 110,388 | 99,516 | |
| Cashwithininvestmentportfolio | 53,412 | 49,718 |
| 2. | ACTIVITIESFORGENERATING | ACTIVITIESFORGENERATING | ACTIVITIESFORGENERATING | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| FUNDS | ||||||||||
| 2023 | 2022 | |||||||||
| £ | £ | |||||||||
| Room | hire,lettingsandevents | 216,002 | 142,296 | |||||||
| Catering | 87,001 | 52,953 | ||||||||
| Bar | sales | 88,924 | 84,185 | |||||||
| Equipmenthireandotherincome | 26,329 | 12,141 | ||||||||
| 418,257 | 291,575 | |||||||||
| 3. | NETINCOME | |||||||||
| 2023 | 2022 | |||||||||
| £ | £ | |||||||||
| Net | incomeisstatedaftercharging: | |||||||||
| Depreciation | 65,114 | 70,580 | ||||||||
| Auditor’sremuneration-Auditof | currentyear | 20,425 | 17,430 | |||||||
| —Other | services | 2,975 | 2,835 | |||||||
| -Tax | Fee | - | 1,350 | |||||||
| -VAT | Advice | - | 2,250 | |||||||
| A. | EXPENDITUREON: | |||||||||
| Staffcosts | Other |
direct | Support: | Support: | 2023 | 2022 | ||||
| activity | costs | Staffcosts | Othercosts | |||||||
| £ | £ | £ | £ | £ | £ | |||||
| Raising funds | ||||||||||
| Donations | - | 355 | - | - | 355 | 595 |
| Fundraisingtrading | 124,074 | 108,754 | 72,041 | 126,490 | 431,359 | 320,474 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Investmentmanagement | - | 23,401 | - | - | 23,401 | 28,191 | ||||
| fees | ||||||||||
| 124,074 | 132,510 | 72,041 | 126,490 | 455,115 | 349,260 | |||||
| Charitableactivities | ||||||||||
| Provisionaffacilities | 47,895 | 41,981 | 27,809 | 48,828 | 166,514 | 160,646 | ||||
| Library | 92,489 | 23,837 | 53,701 | 94,290 | 264,318 | 266,101 | ||||
| Workshops | 6,851 | 13,519 | 3,978 | 6,985 | 31,333 | 25,726 | ||||
| Theatre | 38,238 | - | 22,202 | 38,982 | 99,422 | 92,364 | ||||
| 185,474 | 79,337 | 107,691 | 189,085 | 561,587 | 544,837 | |||||
| TotalExpenditure | 309,548 | 211,847 | 179,731 | 315,575 | 1,016,702 | 894,097 |
| £ | £ | |
|---|---|---|
| Staffcosts | 179,731 | 163,306 |
| Marketing | 1,191 | 691 |
| Premisescosts | 48,313 | 60,038 |
| Repairsandrenewals | 50,909 | 26,644 |
| Officecosts | 18,966 | 15,177 |
| Insurance | 49,765 | 46,029 |
| Depreciation | 65,114 | 70,580 |
| Utilities | 51,641 | 24,565 |
| Bankinterestandcharges | 4,886 | 3,959 |
| Professionalfees | 3,513 | 1,976 |
| Auditandaccountancyfees | 21,278 | 21,415 |
| 495,307 | 434,380 | |
| 5. STAFFCOSTS |
||
| 2023 | 2022 | |
| £ | £ | |
| Wagesandsalaries | 423,994 | 419,767 |
| Socialsecuritycosts | 35,054 | 34,058 |
| Pensioncosts | 26,861 | 25,868 |
| Temporaryandfreelance | 777 | 6,837 |
| Otherstaffcosts | 2,993 | 1,333 |
| 489,279 | 483,063 |
| 6. | TANGIBLE | FIXEDASSETS- | GROUP | ANDCHARITY | ||||
|---|---|---|---|---|---|---|---|---|
| Freeholdland | Fixtures | Office | Workon | Total | ||||
| andbuildings | andfittings | furnitureand | Progress | |||||
| equipment | ||||||||
| £ | £ | £ | £ | |||||
| Cost | ||||||||
| Atstartoftheyear | 4,900,000 | 672,472 | 118,646 | 54,131 | 5,745,249 | |||
| Additions | - | = | 9,699 | - | 9,699 | |||
| Disposals | - | - | - | - | - | |||
| Atendoftheyear | 4,900,000 | 672,472 | 128,345 | 54,131 | 5,754,948 | |||
| Depreciation | ||||||||
| Atstarts | oftheyear | 272,000 | 470,643 | 117,461 | = | 860,104 | ||
| Chargeforyear | 34,000 | 29,415 | 1,699 | - | 65,114 | |||
| Disposals | - | - | - | - | - | |||
| Atendoftheyear | 306,000 | 500,058 | 119,160 | - | 925,218 | |||
| Netbook | value | |||||||
| At30June2023 | 4,594,000 | 172,414 | 9,185 | 54,131 | 4,829,730 | |||
| At30June | 2022 | 4,628,000 | 201,829 | 1,185 | 54,131 | 4,885,145 |
| INVESTMENTS-GROUP | 2023 | 2022 | |
|---|---|---|---|
| £ | £ | ||
| Atstartoftheyear | 3,166,859 | 3,777,255 | |
| Additions | 422,332 | 438,364 | |
| Disposals | (539,710) | (546,324) | |
| Netgain/(loss) | (198,831) | (502,436) | |
| Atendoftheyear | 2,850,650 | 3,166,859 | |
| Cashheldforreinvestment | 53,411 | 49,718 | |
| Atendoftheyear | 2,904,061 | 3,216,577 | |
| Natureofinvestments | |||
| Bondsandfixedinterestsecurities | 398,379 | 188,160 | |
| Listedequitiesandsimilarinvestments | 2,452,270 | 2,978,699 | |
| Cash | 53,412 | 49,718 | |
| 2,904,061 | 3,216,577 | ||
| Thehistoricalcostofinvestmentsat30Junewas | 2,453,825 | 2,452,402 |
| Group | Charity | |||
|---|---|---|---|---|
| 2023 | 2022 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Tradedebtors | 72,401 | 64,439 | 2,262 | 3,232 |
| Prepayments | 58,273 | 59,871 | 53,993 | 57,427 |
| Othertaxandsocialsecurity | 19,368 | 15,519 | 19,368 | 15,519 |
| Amountsowedfromsubsidiary | - | - | 6,629 | 37,996 |
| Accruedincome | 1,358 | 1,386 | 1,358 | 1,386 |
| 151,400 | 141,215 | 83,600 | 115,560 |
| £ | £ | £ | £ | |||
|---|---|---|---|---|---|---|
| Tradecreditors | 68,129 | 76,115 | 48,006 | 60,622 | ||
| Othercreditors | 7,916 | 12,170 | 7,916 | 12,170 | ||
| Taxationandsocialsecurity | 44,101 | 45,837 | 12,607 | 10,406 | ||
| Accruals | 70,929 | 46,742 | 69,892 | 45,580 | ||
| Amountsowedtosubsidiary | ||||||
| Deferredincome | 89,685 | 77,031 | 4,117 | - | ||
| 280,759 | 257,925 | 142,538 | 128,778 |
| Group | |||||
|---|---|---|---|---|---|
| £ | |||||
| Balanceatstartofyear | 77,031 | ||||
| Amountsreleasedintheyear | (77,031) | ||||
| Amountsdeferredintheyear | 89,684 | ||||
| Balanceatendofyear | 89,684 | ||||
| 12. | PERMANENTENDOWMENTFUNDS | General | |||
| Endowment | Eleemosynary | Total | |||
| £ | £ | £ | |||
| Transfer | 35,965 | - | 35,965 | ||
| Expenditure | (57,401) | - | (57,401) |
| Net(losses)/gainsoninvestments | (198,135) | (696) | (198,831) |
|---|---|---|---|
| Movementfortheyear | (219,571) | (696) | (220,267) |
| Fundsat1July2022 | 7,972,587 | 11,753 | 7,984,340 |
| Fundsat30June2023 | 7,753,016 | 11,057 | 7,764,073 |
| Permanent | ||||
|---|---|---|---|---|
| endowment | Restricted | Unrestricted | ||
| funds | funds | funds | Total | |
| £ | £ | £ | £ | |
| Tangiblefixedassets | 4,594,000 | - | 235,729 | 4,829,730 |
| Investments | 2,904,061 | - | - | 2,904,061 |
| Netcurrentassets | 266,011 | 49,674 | (329,268) | (13,583) |
| 7,764,073 | 49,674 | (93,539) | 7,720,208 |
| 2023 | 2022 | ||
|---|---|---|---|
| £ | £ | ||
| Turnover | 671,173 | 534,493 | |
| Expenditure | (560,443) | (533,655) | |
| Operatingsurplus | 110,730 | 838 | |
| GiftaidtoStBrideFoundation | (43,048) | - | |
| (Loss)/profitbeforeandaftertax | 67,682 | 838 | |
| Theaggregateoftheassets,liabilitiesandfundswas: | |||
| Assets | 144,842 | 99,462 | |
| Liabilities | (144,840) | (167,144) | |
| Shareholders’funds | 2 | (67,682) |
| Group | Group | |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Netlossfortheyear | (372,575) | (653,639) |
| Adjustmentsfor: | ||
| (Gains)/Lossesoninvestments | 198,831 | 502,436 |
| Depreciationcharge | 65,114 | 70,580 |
| Investmentincome | (94,396) | (96,459) |
| Decrease/(Increase)instock | 2,868 | 662 |
| (Decrease)/(Increaseindebtors | (10,185) | (33,427) |
| Increase/(Decrease)increditors | 22,834 | 63,866 |
| (187,509) | (145,981) |
| unrestrictedFunds | restricted Funds |
endowment Funds |
Total2022 | ||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| INCOMEAND | |||||
| ENDOWNMENTSFROM: | |||||
| Donations&legacies | 27,644 | 14,613 | - | 42,257 | |
| Grants | 26,657 | 26,657 | |||
| TOTALVOLUNTARY INCOME |
54,301 | 14,613 | ie | 68,914 | |
| Charitableactivities | |||||
| Provisionoffacilities | 143,695 | > | - | 143,695 | |
| Library | 31,267 | 1,325 | 32,592 | ||
| Workshopsandexhibitions | 10,436 | - | - | 10,436 | |
| Theatre | 99,223 | ~ | 99,223 | ||
| TOTALCHARITABLE ACTIVITIES |
284,621 | 1,325 | - | 285,946 | |
| Othertradingactivities | |||||
| Activitiesforgenerating funds |
291,575 | * | 291,575 | ||
| Investments | |||||
| Investmentincome | - | 96,459 | 96,459 | ||
| Otherincome | 96,459 | = | (96,459) | : | |
| TOTALINCOMEAND ENDOWMENTS |
726,956 | 15,938 | 742,894 | ||
| EXPENDITUREON: | |||||
| Raisingfunds | |||||
| Generaldonations | . | 595 | 595 |
| Fundraisingtrading | 320,474 | - | - | 320,474 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Investmentmanagement | 7 | 28,191 | 28,191 | ||||||
| fees | |||||||||
| 320,474 | 595 | 28,191 | 349,260 | ||||||
| Charitableactivities | |||||||||
| Provisionoffacilities | 122,895 | 3,751 | 34,000 | 160,646 | |||||
| Library | 229,280 | 36,821 | - | 266,101 | |||||
| Workshops | 24,463 | 1,263 | - | 25,726 | |||||
| Theatre | 92,364 | - | - | 92,364 | |||||
| 469,002 | 41,835 | 34,000 | 544,837 | ||||||
| TOTALEXPENDITURE | 4 | 789,476 | 42,430 | 62,191 | 894,097 | ||||
| (NetLosses)on iBWeSEBRtS |
. | . | (502,436) | (502,436) | |||||
| NET(EXPENDITURE)/ INCOME |
3 | (62,520) | (26,492) | (564,627) | (653,639) | ||||
| Transferbetweenfunds | 13 | (35,965) | (934,397) | 970,362 | - | ||||
| NETMOVEMENTIN FUNDS |
(98,485) | (960,889) | 405,735 | (653,639) | |||||
| Reconciliationoffunds: | |||||||||
| TOTALFUNDSBROUGHT | 147,690 | 1,020,127 | 7,578,605 | 8,746,422 | |||||
| FORWARD | |||||||||
| TOTALFUNDSCARRIED FORWARD |
49,205 | 1,020,127 | 7,984,340 | 8,092,783 |
| PERMANENTENDOWMENTFUNDS | General | ||||
|---|---|---|---|---|---|
| Endowment | Eleemosynary | Total | |||
| £ | £ | £ | |||
| Transfer | 970,362 | - | 970,362 | ||
| Expenditure | (62,191) | - | (62,191) | ||
| (NetLosses)oninvestments | (500,690) | (1,746) | (502,436) | ||
| Movementfortheyear | 407,481 | (1,746) | 405,735 | ||
| Fundsat1July2021 | 7,565,106 | 13,499 | 7,578,605 | ||
| Fundsat30June2022 | 7,972,587 | 11,753 | 7,984,340 | ||
| RESTRICTEDFUNDS | |||||
| Other | |||||
| Recoupment | Library | restricted | Total | ||
| £ | £ | £ | £ | ||
| Income | - | 14,613 | 1,325 | 15,938 | |
| Expenditure | - | (34,552) | (7,878) | (42,430) | |
| Transfersbetweenfunds | (934,397) | - | - | (934,397) | |
| Movementfortheyear | (934,397) | (19,939) | (6,553) | (960,889) | |
| Fundsat1July2021 | 934,397 | 62,178 | 23,552 | 1,020,127 | |
| Fundsat 30June2022 | - | 42,239 | 16,999 | 59,238 |
| endowment | Restricted | Unrestricted | ||
|---|---|---|---|---|
| funds | funds | funds | Total | |
| £ | £ | £ | £ | |
| Tangiblefixedassets | 4,628,000 | - | 257,145 | 4,885,145 |
| Investments | 3,216,577 | - | - | 3,216,577 |
| Netcurrentassets | 139,763 | 59,238 | (207,940) | (8,939) |
| 7,984,340 | 59,238 | 49,205 | 8,092,783 |