OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-04-05-accounts

Page
Reference and administrative details ofthe Charity, its Trustees and Advisers 1-2
Trustees'
report
3-6
Independent
examiner's
report
7-8
Statement offinancial activities
Balance sheet 10
Notes to the financial statements 11-22

for the year ende d 5April 2023
Unrestricted Restricted Total Total
funds funds funds funds
Note 2023f 2023 2023 2022f
Income from:
Investments 84,467 84,467 84,040
Total income 84,467 84,467 84,040
Expenditure
on:
Raising funds 16,732 16,732 19,356
Charitable
activities
106,181 106,181 91,277
Total expenditure 106,181 16,732 122,913 110,633
Net expenditure before net
(losses)/gains on investments {21,714) {16,732) (38,446) (26,593)
Net (losses)/gains on investments (318,855) (318,855) 16,341
Net expenditure (21,714) (335,587) (357,301) (10,252)
Transfers
between
funds 13 94,742 (94,742)
Net movement
in
funds 73,028 (430,329) (357,301) (10,252)
Reconciliation
of
funds:
Total funds brought forward 358,530 2,241,877 2,600,407 2,610,659
Net movement
in
funds 73,028 (430,329) (357,301) (10,252)
Total funds carried forward 431,558 1,811,548 2,243,10{I 2,600,407

Unrestricted Total Total
funds funds funds
2023f 2023f 2022f
Income from investments listed on a recognised stock
exchange 83,453 83,453 84,015
Interest on cash balances 1,014 1,014 25
84,467 84,467 84,040
Total 2022 84,040

Restricted Total Total
funds funds funds
2023 2023 2022
Investment management fees 16,732 16,732 19,356
Total 2022 1g,356 1S,356

Grants Support Total Total
payable costs funds funds
2023f 2023f 2023f 2022
Charitable activities 66,852 39,329 106,181 91,277
Total 2022 55,711 35,566 91,277

Total Total
Activities funds funds
2023f 2023f 2022f
Staff costs 27,388 27,388 26,396
Accountancy and independent examiner's fees 2,046 2,046 1,860
Website costs 8,760 8,760 6,122
Other professional fees 644 644 542
Postage, stationery and office expenses 491 491 646
3S,329 39,329 35,566
Total 2022 35,566 35,566

Grants to Total Total
Institutions funds funds
2023f 2023 2022
Grants payable 66,852 66,852 55,711
Total 2022 55,711 55,711
The Charity has made the following material grants to institutions during the year:
2023
Name ofinstitution
Blackbird Leys Neighbourhood Support Scheme 1,334
Body &Soul Charity 2,615
Bromley by Bow Centre 1,550
Citizens Advice Croydon 3,210
Citizens Advice Wandsworth 2,050
Friends of BHOC 10,150
Leukaemia
Care
1,250
Maggie's Centres 1,850
Maggie's
Highland
2,500
Milton Keynes CAB 1,100
Mummy's
Star
2,650
Rahere Association 1,959
Tenovus Cancer Care 1,050
The Royal Marsden Hospital 1,050
34,318
Other grants ofless than f1,000each 32,534
66,852

Staff costs
2023 2022
f.
Wages and salaries 26,772 25,813
Pension costs 616 583
27,388 26,396
The average number ofpersons employed by the Charity during the year was as follows:
2023 2022
No. No.

Listed
investments
K
Cost or valuation
At 6 April 2022 2,456,002
Additions 1,122,511
Disposals (1,353,475)
Revaluations (103,159)
At 5 April 2023 2,121,879
Net book value
At 5 Apn'l 2023 2,121,879
At 5 April 2022 2,456,002
All ofthe fixed asset investment are listed investments held in the UK.

2023 2022
iK
Due within one year
Other debtors 1,859 7,016
11. Current asset investments
2023 2022f
Redwood account 12,140
12. Creditors: Amounts falling due within one year
2023 2022f
Accruals 2,046 1,860

Statement of funds - current year
Balance at 6 Transfers Gains/ Balance at 5
April 2022
f
Income
E
Expenditure
E
in/out (Losses) April 2023
Unrestricted
funds
Income fund 358,530 84,467 (106,181) 94,742 431,558
Restricted
funds
Capital fund 2,241,877 (16,732) (94,742) (318,855) 1,811,548
Total offunds 2,600,407 84,467 (122,913) (318,855) 2,243,106
Statement of funds - prior year
Balance at Transfers Gains/ Balance at
6 April 2021 Income Expenditure in/out (Losses)
f
5 April 2022
Unrestricted
funds
Income fund 284,586 84,040 (91,277) 81,181 358,530
Restricted
funds
Capital fund 2,326,073 (19,356) (81,181) 16,341 2,241,877
Total offunds 2,610,659 84,040 (110,633) 16,341 2,600,407

Analysis of net assets between funds -cur rent year
Unrestricted Restricted Total
funds funds funds
2023 2023 2023
f.
Fixed asset investments 310,331 1,811,548 2,121,879
Current assets 123,273 123,273
Creditors due within one year (2,046) (2,046)
Total 431,558 1,811,548 2,243,106

Unrestricted Restricted Total
funds funds funds
2022f 2022 2022
Fixed asset investments 214,125 2,241,877 2,456,002
Current assets 146,265 146,265
Creditors due within one year (1,860) (1,860)
Total 358,530 2,241,877 2,600,407

Trust for Unapplied Total Total
Investment Total Return funds funds
2023
f
2023
f
2023f 2022
At 6April 2022
Trust for Investment 1,170,479 1,170,479 1,170,479
Unapplied total return 1,071,398 1,071,398 1,155,594
1,170,479 1,071,398 2,241,877 2,326,073
Investment return: realised and unrealised
gains/(losses) (318,855) 16,341
Less: investment
management
costs (16,732) (19,356)
(335,587) (3,015)
Unapplied total return allocated to income in
the year (94,742) (81,181)
At 5April 2023 1,170,479 641,069 1,811,548 2,241,877