||||Page|
|---|---|---|---|
|Report ofthe Trustees|||1 to 5|
|Independent<br>Examiner's||Report||
|Statement ofFinancial||Activities||
|Comparative<br>Statement||ofFinancial Activities||
|Balance Sheet||||
|Comparative<br>Balance|Sheet||10|
|Notes to the Financial|Statements||11 to 19|
|Detailed Statement of|Financial Activities||20|





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|||||||31.03.23|31.03.22|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Designated|Endowment|Total|Total|
||||funds|funds|funds|funds|funds|
|||Notes||||||
|INCOME||||||||
|Income from||||||||
|Donations|||28,500|46,500||75,000|75,000|
|Investment<br>income|||142,798|||142,798|136,857|
|Total income|||171,298|46,500||217,798|211,857|
|EXPENDITURE||||||||
|Costs ofraising funds||||||||
|Investment<br>manager|fees||(13,047)|||(13,047)|(11,930)|
|Charitable<br>activities||||||||
|Grants to institutions||4/5|126,015|43,000||169,015|189,313|
|Grants to individuals||4/5|11,009|||11,009|11,606|
|Unrealised<br>Losses/(Gains)||||||||
|on investment<br>assets|||||345,307|345,307|(135,463)|
|Total Expenditure/(Income)|||123,977|43,000|345,307|512,284|(53,526)|
|Net Income/(Expenditure)|||47,321|3,500|(345,307)|(294,486)|158,331|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought forward|||265,042|(25,000)|5,434,112|5,674,154|5,515,823|
|TOTAL FUNDS CARRIED||||||||
|FORWARD|||312,363|(21,500)|5,088,805|5,379,668|5,674,154|





|||||||31.03.22|
|---|---|---|---|---|---|---|
||||Unrestricted|Designated|Endowment|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|INCOME|||||||
|Income from|||||||
|Donations|||8,230|66,770||75,000|
|Investment<br>income|||136,857|||136,857|
|Total income|||145,087|66,770||211,857|
|EXPENDITURE|||||||
|Costs ofraising funds|||||||
|Investment<br>manager|fees||(11,930)|||(11,930)|
|Charitable<br>activities|||||||
|Grants to institutions||4/5|139,313|50,000||189,313|
|Grants to individuals||4/5|11,606|||11,606|
|Unrealised<br>(Gains)|||||||
|on investment<br>assets|||||(135,463)|(135,463)|
|Total Expenditure/(Income)|||138,989|50,000|(135,463)|(53,526)|
|Net income|||6,098|16,770|135,463|158,331|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought forward|||258,944|(41,770)|5,298,649|5,515,823|
|TOTAL FUNDS CARRIED|||||||
|FORWARD|||265,042|(25,000)|5,434,112|5,674,154|





|alance Sheet<br> 31 March 2023|||||||
|---|---|---|---|---|---|---|
||||||31.03.23|31.03.22|
||Unrestricted|Designated||Endowment|Total|Total|
||funds||funds|funds|funds|Funds|
||Notes||||||
|FIXEDASSETS|||||||
|Investments||||5,006,783|5,006,783|5,355,608|
|CURRENT ASSETS|||||||
|Cash at bank|322,463|||82,022|404,485|385,130|
||322,463|||82,022|404,485|385,130|
|CREDITORS|||||||
|Amounts<br>falling due within one|||||||
|year|(10,100)|(21,500)|||(31,600)|(66,584)|
|NET CURRENT ASSETS|312,363|(21,500)||82,022|372,885|318,546|
|TOTAL ASSETSLESS|||||||
|CURRENT|312,363|(21,500)||5,088,805|5,379,668|5,674,154|
|LIABILITIES|||||||
|CREDITORS|||||||
|Amounts<br>falling due in more|||||||
|than one year|||||||
|NET ASSETS|312,363|21,500||5,088,805|5,379,668|5,674, 154|
|FUNDS|||||||
|Unrestricted<br>funds|312,363||||312,363|265,042|
|Designated<br>funds||(21,500)|||(21,500)|(25,000)|
|Endowment<br>funds||||5,088,805|5,088,805|5,434,112|
|TOTAL FUNDS|312,363|21,500||5,088,805|5,379,668|5,674,154|
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## 

|om<br>arative Balance Sheet<br> 31 March 2022||||||
|---|---|---|---|---|---|
||||||31.03.22|
|||Unrestricted|Designated|Endowment|Total|
|||funds|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Investments||||5,355,608|5,355,608|
|CURRENT ASSETS||||||
|Cash at bank||306,626||78,504|385,130|
|||306,626||78,504|385,130|
|CREDITORS||||||
|Amounts<br>falling due within one||||||
|year||(41,584)|(25,000)||(66,584)|
|NET CURRENT ASSETS||265,042|(25,000)|78,504|318,546|
|TOTAL ASSETSLESS||||||
|CURRENT||265,042|(25,000)|5,434,112|5,674,154|
|LIABILITIES||||||
|CREDITORS||||||
|Amounts<br>falling due in more||||||
|than one year||||||
|NET ASSETS||265,042|25,000|5,434,112|5,674,154|
|FUNDS||||||
|Unrestricted<br>funds||265,042|||265,042|
|Designated<br>funds|||(25,000)||(25,000)|
|Endowment<br>funds||||5,434,112|5,434,112|
|TOTAL FUNDS||265,042|25,000|5,434,112|5,674,154|





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||||||||31.03.23|31.03.22|
|---|---|---|---|---|---|---|---|---|
|Dividends|received||||||136,692|136,667|
|Deposit account interest|||||||6,106|190|
||||||||142,798|136,857|
|GRANTS|PAYABLE||||||||
||||||||31.03.23|31.03.22|
|Committed|grants brought||forward||||25,000|41,770|
|Grants awarded to institutions||||and individuals|during|the year|||
|less grant|commitments|no longer required|||||151,616|175,656|
|Committed|grants carried||forward||||(21,500)|(25,000)|
||||||||155,116|192,426|



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||||31.03.23|31.03.22|
|---|---|---|---|---|
|Hackney|Shed Inclusive Theatre Workshops|Due 08/12/23|6,500||
|Literacy Pirates||Due 08/12/23|15,000||
|North London Action for the Homeless||||15,000|
|Immediate|Theatre|||10,000|
||||21 500|25 000|





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|||||||||||31.03.23|31.03.22|
|---|---|---|---|---|---|---|---|---|---|---|---|
||Recipient||||Purpose||ofGrant|||||
|Adult Support||||||||||||
|Bags ofTaste|||Mentored<br>Home Cooking||Course|||||5,000|5,000|
|British Red Cross|||Destitution<br>Centre Food|Parcel project||||||5,000||
|British Refugee Council|||London Destitution<br>Service||||||||5,000|
|EFA London|||ESOLfor work' course|for Latin American||||commumties||9,971||
|Hackney Foodbank|||Foodbank Development|2021|||||||10,000|
|Hackney Migrant|Centre||Advice Drop In Service||||||||5,000|
|MRS Independent|Living||Side by Side|||||||5,000|5,000|
|North London Action for the Homeless|||Drop in Sessions for the|homeless|||||||30,000|
|Refugee Women Association|||Women Wellness Project||||||||5,000|
|Skillspool Training||CIC|Enable IT||||||||4,128|
|StJoseph's Hospice|||Hackney Namaste<br>Care|Service||||||5,000|5,000|
|Woman's<br>Trust|||Domestic Abuse Counselling|||Service||||10,873||
|||||||||||40,844|74,128|
|Children<br>and Young||People||||||||||
|Cost ofLiving Grants for Schools|||Cost ofLiving Grants|||||||9,000||
|Drama Expressions||for Children|Confidence<br>Code||||||||5,000|
|Hackney Play bus|||Bonding With Baby|||||||5,500|5,000|
|Inspire|||Inspired Directions||||||||10,000|
|Literacy Pirates|||Core funding,<br>literacy, confidence||||and perseverance||over 2 years|30,000||
|NWF Shacklewell|Primary School||Funding to support with|cost ofYear 6PGL school|||||residential.|3,600|5,181|
|NWF Shacklewell|Primary School||Sun Trap Forest Centre|Trip for Year 6|||||||3,200|
|Reach Out|||Petchey Academy Project||||||||5,000|
|||||||||||48,100|33,381|
|Homelessness||||||||||||
|Hackney Doorways|||Winter Night Shelter|||||||20,000|18,000|
|||||||||||20,000|18,000|
|Recreation||||||||||||
|Duckie Ltd|||The Posh Club - Dance|Club||||||2,500|5,000|
|Fiorenti Arts School|||Access for All|||||||5,000||
|Hackney Shed|||Inclusive Theatre Workshops|||||||17,900|5,000|
|Immediate<br>Theatre|||Pathways<br>to Employment||- Strategic grant||||||20,000|
|Rodolfus Foundation|||Rodolfus Choral Academy|||||||2,000|2,000|
|St Paul's Church|||The Cantignorus<br>Chorus|Community|||Choir||||3,000|
|Through the Noise|||Mindmusic||||||||5,000|
|XLP (The Excel Project)|||Commutnty<br>Bus in West|Hackney||||||6,000||
|||||||||||33,400|40,000|
|Individual<br>Grants||||||||||||
|Grants paid to individuals|||Grants to assist 22 Hackney residents. (2022 20 Hackney Residents)|||||||9,272|10,147|
|||||||||||9,272|10,147|
|||||||||||151&616|175,656|





## 

||||||||31.03.23|31.03.22||
|---|---|---|---|---|---|---|---|---|---|
|Accountancy||and book-keeping|||||1,800|1,800||
|Incidental|expenses||||||1,931|2,025||
|Independent||examination|||||1,200|1,200||
|Administration||—governance|(See|support costs|below)||7,461|6,674||
|Administration||—other (See|support costs below)||||4,804|4,070||
||||||||17,196|15,769||
||||||||31.03.2023|31.03.2022||
||||Administration||Management|Accountancy|Total Support|Total|Support|
|||||Costs|Costs|Costs|Cost|Cost||
|Grant Administration||||8,188||3,024|11,212||9,494|
|Governance|Administration||||7,461||7,461||6,674|
|Other Administration||||3,509||1,295|4,804||4,070|
|Total Cost||||11,697|7,461|4,319|23,477||20,238|



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||||||31.03.2023|31.03.2022|
|---|---|---|---|---|---|---|
|||Grants|Administration|Governance|Total|Total|
|Grants to Institutions||142,344|10,526|16,144|169,015|189,313|
|Grants to Individuals||9,272|686|1,052|11,009|11,606|
|Total Cost||151,616|11,212|17,196|180,024|200,919|
|Investment<br>manager|fees||||(13,047)|(11,930)|
|Total Expenditure|||||166,977|188,989|





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|FIXEDASSET INVESTMENTS||
|---|---|
||Listed|
||investments|
|MARKET VALUE||
|At 1 April 2022|5,355,608|
|Disposals|(3,518)|
|Additions||
|Revaluations|~345,307)|
|At 31 March 2023|5,006,783|
|NET BOOKVALUE||
|At 31 March 2023|5,006,783|
|At 31 March 2022|5,355,608|



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|CREDITORS:|||||
|---|---|---|---|---|
||||31.03.23|31.03.22|
|Other creditors|||6,600|6,456|
|Grants Payable within|1 year||22,000|57,128|
|Accrued expenses|||3,000|3,000|
||||31,600|66,584|
||||31.03.23|31.03.22|
|Grants Payable in more|than|1 year|||





## 

||||Net movement||
|---|---|---|---|---|
|||At 01.04.22|in funds|At 31.03.23|
|Unrestricted|funds||||
|General fund||265,042|47,321|312,363|
|Designated|funds||||
|Forward grant commitments||(25,000)|3,500|(21,500)|
|Endowment|funds||||
|Endowment|fund|5,434,112|(345,307)|5,088,805|
|TOTAL FUNDS||5,674, 154|~294,486|5,379,668|



|||Income|Expenditure|Gains and|Movement<br>in|
|---|---|---|---|---|---|
|||||losses|funds|
|Unrestricted|funds|||||
|General fund||171,298|(123,977)||47,321|
|Designated|funds|||||
|Forward grant commitments||46,500|(43,000)||3,500|
|Endowment|funds|||||
|Endowment|fund|||(345,307)|(345,307)|
|TOTAL FUNDS||217,798|~166,977)|~345,307)|~294,486)|
|ANALYSIS|OF NET ASSETSBETWEEN FUNDS 2023|||||
||||Fixed|Net|Total|
||||Assets|Assets||
|Unrestricted|funds|||||
|General fund||||312,363|312,363|
|Designated|funds|||||
|Forward grant commitments||||(21,500)|(21,500)|
|Endowment|funds|||||
|Endowment|fund||5,006,783|82,022|5,088,805|
|TOTAL FUNDS|||5,006,783|372,885|5,379,668|





## 

|ANALYSIS|OF NET ASSETSBETWEEN FU|NDS 2022|||
|---|---|---|---|---|
|||Fixed|Net|Total|
|||Assets|Assets||
|Unrestricted|funds||||
|General fund|||265,042|265,042|
|Designated|funds||||
|Forward grant commitments|||(25,000)|(25,000)|
|Endowment|funds||||
|Endowment|fund|5,355,608|78,504|5,434,112|
|TOTAL FUNDS||5,355,608|318,546|5,674, 154|



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|for the Year Ended 3|1Ma|rch 2023|||
|---|---|---|---|---|
||||2023|2022|
|INCOME|||||
|Donations|||||
|Donation from Hackney Joint|||||
|Estate Charity|||75,000|75,000|
|Investment<br>income|||||
|Dividends<br>received|||136,692|136,667|
|Deposit account interest|||6,106|190|
||||142,798|136,857|
|Total income|||217,798|211,857|
|EXPENDITURE|||||
|Costs ofraising funds|||||
|Investment<br>manager|fees||(13,047)|(11,930)|
|Charitable<br>activities|||||
|Grant administration|||11,212|9,494|
|Grants to institutions|||142,344|165,509|
|Grants to individuals|||9,272|10,147|
||||162,828|185,150|
|Governance<br>costs|||||
|Accountancy<br>and book-keeping|||1,800|1,800|
|Incidental<br>expenses|||1,931|2,025|
|Independent<br>examination|||1,200|1,200|
|Administration<br>—governance|||7,461|6,674|
|Administration<br>- other|||4,804|4,070|
||||17,196|15,769|
|Unrealised<br>losses/(gains)||on investments|345,307|(135,463)|
|Total expenditure|||512,284|53,526|
|Net (Expenditure)/Income|||~294,486)|158,331|