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2022-10-31-accounts

Page
Trustees'
report
1-3
Independent
auditor's
report 4-5
Statement offinancial activities
Balance sheet
Notes to the accounts 3-14

Unrestricted Unrestricted Unrestricted
funds funds
2022 2021
Notes 8
income from:
investments 3 122,819 118,420
B~dN
Raising funds 4 18222 18631
Charitable
activities
5 182,396 146,691
Total expenditure 200,618 165,322
Net gains/(losses) on investments 10 (564,581) 739,215
Net movement in funds (642,380) 692,313
Fund balances at 1 November 2021 4,120,141 3,427,828
Fund balances at 31October 2022 3,477,761 4,120,141

2022 2021
Notes 6 6 6
Fixed assets
Investments 3,430,404 4,069,518
Current assets
Debtors 12 40 115
Cash at bank and in hand 54,150 57,425
54,190 57,540
Creditors: amounts
one year
falling due within 13 (6,833) (6,917)
Net current assets 47,357 50,623
Total assets less current liabilities 3,477,761 4,120,141
income funds
Unrestricted
funds
3,477,761 4,120,141
3,477,761 4,120,141

Charitable
a
ctivities
2022 2021
6
Grant funding of activities (see note 6) 124,378 102,680
Share ofsupport costs (see note 7) 20,082 19,632
Share ofgovernance costs (see note 7) 37,936 24,379
182,396 146,691
Analysis
by
Unrestricted
fund
funds
182,396 146,691
182,396 146,691
Grants payable
2022 2021
f 6
Grants to individuals 124,378 102,680

Support costs
Support Governance 2022 Support Governance 2021
costs
6
costs
f
costs
f
costs
6
Staff costs 17,905 3,160 21,065 17,228 3,040 20,268
Office and rental costs 2,177 242 2,419 2,404 267 2,671
Audit fees 3,690 3,690 3,690 3,690
Trustees and
management
expenses
30,035 30,035 17,202 17,202
Hire of meeting rooms 809 809 180 180
20,082 37,936 58,018 19,632 24,379 44,011
Analysed
between
Charitable
activities
20,082 37,936 58,018 19,632 24,379 44,011

The average monthly
number ofemployees
during th
e year was:
2022 2021
Number Number
Employment costs 2022 2021
8
Wages and salad es 21,065 20,266

Net gains/( toss es)
on investments
Unrestricted Unrestricted
funds funds
2022 2021
6 2
Revaluation of investments (507,622) 537,337
Gain/(loss) on sale of investments (56,959) 201.878
(564,581) 739,215

Fixed asset i nvestments
Listed
investments
8
Cost or valuation
At 1 November 2021 4,069,518
Additions 304,543
Valuation
changes
(507,623)
Disposals (436,034)
At 31October 2022 3,430,404
Carrying
amount
At 31October 2022
3,430,404
At 31October 2021 4,089,518
2022 2021
8 6
Investments at fair value comprise:
Equities 3,148,855 2,914,686
Interest —securities 85,035 219,371
UK property 196,514 262,904
3,430,404 3,396.96'I

12 Debtors
Amounts
falling due
within one year: 2022
f
2021
8
Accrued income 40 115
13 Creditors: amounts falling due within one year
2022 2021
8 5
Accrued expenses 6,833 6,917

14 Analysis ofnet assets between funds
Unrestricted Unrestricted
funds funds
2022 2021
6 6
Fund balances at 31 October 2022 are represented by:
Investments 3430404 4,069,518
Current assets/(liabilities) 47,357 50,623
3,477,761 4,120,141

Analysis ofcharitable funds 2022
6
2021
6
Balance at 31 October 4,120,141 3,427,828
Total income 122,819 118,420
Total expenditure (200,618) (165,323)
Net gains/(losses)
on investments
(564,581) 739,216
Funds carried forward 3,477,761 4,120,141