REGIgfERED CHARITY NUMBER: 213851 RTOF THE TRUSTEES AND NA DI ED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 FOR ISTRicf NURSING ASS IATION FI CRT Limited Flat 24 Wellingtonia Court L4in¢ C105e Brighton E&8t Sussex BNI 6TD
BRIGHTON DISTRicf NURSING ASSOCIATIOIY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 1022 Page Report of the Trustees I to 4 Independent Examin¢r'J Rert Statemeni of FluAn¢l41 Aetlvltl Bal8Dce Sheet 4otes to the Fln8nel81 StstemeDts 8 to 13 DetAll¢d StAt¢ment of Fln*nclAI Aetfvltle4 14
BIUGHTON DISTRI IATION REPORT OF THE TRUSTEE R THE YEAR ENDED 31 DECEMBER 2022 The trustees present their rep)rt with th¢ financial ststeM of the ctrLarity for the year ended 31 December 2022. The trustee5 have adoOed the provisions of Accounting and Reporting by Charities: Statement of Recommended Practi¢¢ applicable to chariti¢s preparing their accoullts in accordance with the Financial Reporting Standard applicable in the UK and Republic of tr¢]and (FRS 102) (effective l January 2019). ORJECTIVES AND ACTIVITIES Objettives and ainki The objKts of the charity are: l.For the relief in si¢kne5s for tb¢ purrrf>se of relieving in cases of needy persons resident in the area of the Counry Borough of Bright and Hov¢ who are sieK convalesceni disable4 handicapped or infum by providing or paying for items. services or fllItieS which aTe lCulated io alleviate the sufferin8 or assi the reLovery of such persons in such cases but Pre not readily available to them other Sv]rS. 2.with a view to assisting in the provision of an effi¢ient (k)miciliary nursing servi¢e in the or¢a of the fonner County Borough of Brighton by making grnnts and paying pernons and paying p¢n$ion$ in Ca8 of n¢ed to nur5e$ who are engaged in domiciliary nwsing in the said are4 or 10 retired nuTS¢S who w¢ so engaged. The objectives for the year are to s¢ek to distribu its amiual income by way of in fiutheran¢e of th¢ objects of the ¢harity. Its strategie8 are to carefulty &ertain the most deserYin8 in ne4J in the area of the and wisely invesi And develop the charity asset& Th¢ Tne¥ intend to utilise thetr annual income e8ch year in respect of grants et¢. &9 laid down in the Cons¢itution And promotes iiself lo¢ally to invite applications from qualifying beneficiaries. At its meeting in July the TTUSt review the applications f(Y mqior grants a8ainsi $p¢¢ifi¢d ¢riieri& During th¢ y¢ar 1¢ )sIderS minor appli¢ations &s and when they Bri. Gr4nlmkllli Detsi]s of the grants paid a dis¢los¢d in Note 4 to the fwtt¢i818wemettts. ACHIEVEMENT AND PERFORMANCE Charlt*ble aetlvltlej The charity has successfulty xhieved its objectives for the ye4r as can be seen in the 'Finan¢ial R¢view' gnd in th¢ ar¢A of support it h&8 accomplished. The investment portfolio has Dot f(rned w¢ll and the trustees bave decided to chan8e Investment Brokers after the year ¢nd. Fundrnlsing aetlvltl The charity does not eD8a8e in fundraisin8 Xtivities. Page I
BRIGHTON DISTRICT NURSIIYG ASSOCIATIOIY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022 FINANCIAL REVIEW Finanelal po8ltlo The income from investh)ents (includingtsx re¢ov¢rnble) and bank deErfysits atllountrd to £54.690 (2021 £58,161). Amounts paid out for grants. donations and patient amenities totsl £69.043 (2021 £76.427). The general expenses of the Tnt for the ytrdr aOted w £14.6(MI (2021 £13.586) giving a iotal arn¢JJnt of expenditure of £83.643 (2021 £90,013). The exctr4 of expenditure over tncome w&% a defieii of £28,953 (2021 defi¢it £31,852). and this has been added to the rea]ised and UrealISed deficit on investsnents of £295,346 (2021 Surplus £162.415) rwulting in £324299 to be deducted from the wrestricied accumulated fiLll4ts (2021 £130,563 JdtyJ to the funds). The invesknents at 31 December 2022 had 4 marka value of Q416.738 (2021 £2.883.616) and after adding the net current assets of £217,957 (2021 £75,378) gave a wtal value of the TTUSt $5¢ts at 31 December 2022 of £2.634.695 (2021 £2,958,994). The investmeni PLK¢folio w85 mana8ed during the year by Atomos Investhients Limited (fomierty Sanlam Wealth Management). A decision was made by the Trus¢¢es to change inve$tment IOkerS after the year end lo Dowgaie Capital Limited. The charity does invest in ¢ompgni¢s Who busin is incompauTr)l¢ with the objects of the Thist. The level of reserves is regularly Monired by the Tn1¢¢$ and is currently ¢th]sidered ¢0 be reasonable given the nafur¢ and scale of the charity's activiti¢s. At this l¢vel of res¥¢3 the charity is abl¢ lo g¢n¢r4t¢ sufficient income be distributed by way of grants. The Tntee5 intend to use the InMe aristn8 from these reserves for chgrithble putw)ses tO8ether with annual runnin8 FUTURE PLANS The charity ¢On3iders the more pressing risk 1$ the on8oin8 economic instability plus on iti¢r¢d deMd for 5UPPOrt. The charity will continue to support those in need by way of grant and to M]MIse its Inveskneni Policies to distribute the income li generates. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The Charitable Trust 15 constituted by and its objects are io reli¢ve in cases of need persons who are resident in. or who are Pients of Tnedical practitioners pra¢tising in the County Borough of Brighton and Hove who are sick, convaiesceni disable& handicapF¢d or infrn. Its governing document is the Trust Deed dated 19 June 1956 Constitution of the Associatiort Scheme of the 13 January 1975 as amended by Resoluticffl dated 26 September 19)7 and further amended on 5 July 2022. ReeruitThent and appolntmeDt of new tr4ste The Trustees who have served during the year are detsiled in this ret Appointment is governed ty the TnL8t tknl of the charity. The Board of Tntstee5 is authorised to appoint new Trusl¢es k) fill vacancies arising through resignation or death of an existing Trus. NVA. Tnjstres ar¢ familiariseAI with ImtrI the scheme ¢ri*ria and past grant activl¢ies. Tnrts are encouraged to $wdy d infomied about Changes ID charity law and Page 2
BRIGHTON DISTRI ING ASSOCIAT REP RT F THE TRUSTE FOR THE YEAR EN I DECEMBER 2022 STRUCTURE. GOVERNANCE AND MANAGEMENT OrganLqati0Th¥41 structure Trustees meet on a regu]ar b&8is to consits grant appli¢ati(xts where decisions are made on a unauimous bls. Two Tntstees are authorised to mak¢ grants of up to £3(M) and four Tnte¢S are authoTi5¢d to make 8rants of up to £l.O(M) outside these meetings.such em¢Tgaw grants are repxted to the next 1]n& Related parties There are no related parti¢5 io note. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charlty Dllmber 213851 Principal addresi 15 Mill Drive Henfield Wesl Suwx BN5 9RY Trnjteeg P J Field Chairrnan A D PY4ig¢ Vi¢¢ Chair 8nd Treasurer A D Druc¢ Secretary J Krolick M McPolin GWHall C Valeniine R Middleton {apwirtt¢d 5.7.22) Independent Ex*mln¢r John Thacker FCA DChA Institute of Chartered Ac¢ountsnts in England and Wales Chariot House Ltd 44 Grand Pgrath Brighion East Su&qex BN2 9QA Page 3
BRIGH NDI NUILSING OCIATION REPORT FTHETR EE FOR THE YEAR ENDED 31 DECEMBER 2022 REFERENCE AI¥D ADMINISTRATIVE DETAIIS Investrn¢nt AdviseTS Atomos Inveslrn¢Dts Limi] (Until Marth 2023) Pa¢ifJc House 126 Dyke Road Brighton East Sussex BNI 3TE Dowgate Capital Limited (frthn March 2023) 5 Gleneagles Court Brighton Road Crawley we Sus5¢X RH106AD Worklni Nmt BDNAT Banke Barclays Bank PLC 139-142 North Street Brighton East Sussex BNI IRU STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees are responsible for preparing the Report of the Tnte¢S and the financial stht¢ments in accordance with applicable law and United Kingdom Accounting Sthndards (United Kingdom Gen¢ra]ly Auepted A¢counlin8 Practice). The law applicable to charities in England and Wales. the Charitie$ Act 2011. Charity (Accounts Reports) R¢gulations 2008 and the provisions of the tnw d¢ed requires the trusttts ro prepare fin8n¢ial $tatem¢nt5 for each fllMn¢ial year which give a true and fair view of the stst¢ of affaiT5 of the charity and of the ineoming resource5 and application of resources, including the income and expendi¢ure. of the clwiry for that period. In preparing those financial swements. the trustee5 are requirryl to sel¢¢¢ suitsbk ¥¢¢ouniing 11¢]¢5 and then apply them eon$isndy" obs¢rv¢ the methods and principles in the Chartty SORP. make judgements and estimates that are re&sonable ond pNthnt; prepare the fanCial statements on the going Concern basis unless it is in4)propriate to pre$ume that the charity will continue in busin. The trus¢¢es are re5F)nsIble for keopin8 pmper xc(Athtin8 records which disclose with reasonable wura¢y at any time the financial position of the charity and to enable them to ensure the fuwicial statements comply with the Charilies Act 2011, the Charity {ACMmts and ReFK)rts) Regulatiu)s 28 and th¢ provisions of the trnst deed. They ar¢ also responsible for safeguarding th¢ a55ets of the charity and hence for taking reasonable steps for the preveniion and detection of fraud and other iglaritieS. Approv¢d by order of the board of tn on..Zi.. J .trLM%.. kn i?... and signed on its behalf by: A D Dn¢. Tnte¢ Poge 4
IYDEPENDEwf EXAMINER'S REPORT TO THE TR BRIGHTON DISTRI T NLIRSING ASSOCIATI STEES OF Independent ex8minerfs report to the trustees of Brlghton Dlstriet Nursing Associatio I report to the charity trnstees on my examination of the a¢¢ounts of Brighton Dis(ricl Nursing Asso¢iation (the Tt) for the year ended 31 [eMber 2022. Responslbilities and b8sis of rert As the charity tW5tee5 of the Tntst you are respK)rtsible for the prepardtion of the accounts in ttccordance with the requirements of the Charities Aci 2011 (Ihe Act,). I report in respect of my examin*ion ofthe Trust's accounts Carried out under seuion 145 of the Act and in Carrying Out my examination I hav¢ followed all applicable Direction5 8iven by the Chariry Commission under section 145(5Kb) of the ACL Independent exAmlDer's statement I have completed my examination. I confvm that no material rnatteT5 hve come to my atiention in connection with the examination givin8 me cause to believe that in any mat¢ri41 T¢5ct. accounting rffords were noi kept in respect of the Tft a8 requtred by section 130 of the ACL or the accounts do not accord with those records; or the accounts do nol comply with the applic8blc requirements concerning the fonn and content of aecounts set out in the Chari¢i¢s {A¢counts and Report5) Regulalions 2008 other than any requirement that the a¢¢ounts give a tNe and fair view whi¢h 1$ a matter considered as part of an independeni exarnination. I have no concern$ and hAv¢ come across no other matters in ¢onneaion with the examination 10 whi¢h allention should be in this rep)n in Order to enable a proper underswiding of the accounts to be reached. 4L- John Thacker FCA DChA Institute of Chartered Accountsnts in En8land and Wales Chariot House Ltd 44 Grand Parade Brighton E&st Sussex BN2 9QA . Jf l_-g-Lu!J Page 5
BRIGHTON DISTRICT NURSllYG ASSOCIATION STATEMENT OF FINANCIAL ACTIVITI FOR THE YEAR ENDED 31 DECEMBER 202 2022 UnTe5tri¢ted fund 2021 Total fijnds INCOME AI¥D ENDOWMENfs FROM Investment income EXPENDITURE ON Raising funds I i.o(K) 10,332 Ch•ritbl¢ dlvlt Gronts Support costs 69.043 76,427 3 600 54 Total Net gains1(losses) 00 itivestsnents 295 346) 162415 NET INCOMEI{EXPENDITURE) (324299) 130,503 RECONCILIATION OF FUNDS TotAI brought forward 2.958.994 2.828,431 TOTAL FUNDS CARRIED FORWARD 2 634 695 2 958 994 The not¢s fwm part of th¢5e finaDcial ststetneDts Pag¢ 6
BRIGirroN DISTRICT NURSIIYG A IATEON BALANCE SHEET 31 DECEMBER 21ll2 2022 Unrestricted fimd 2021 Totsl funds Notes FIXED ASSETS Investtnents 2.416.738 2,883.616 CURRENT ASSETS Cash at bank 221.157 78.518 CREDITORS Arnounts falling due within one year (32(K)) (3,140) NET CURRENT ASSETS 217957 TOTAL ASSETS LESS CURRENT LIABILITIES 2.634.695 2.958,994 NET ASSETS 2 634 695 2 958 994 FUNDS UnTe5tricted funds io 2 634 693 2 958 994 TOTAL FUNDS 2 634 695 2 958 994 The fanCial Ststernents were approvryj by the Board of Thte¢S and quthori5ed for 5gsue on ..15... and were si8n&l on its behalf by: A D DCe- Trustee The notes fwm pt of these financial stateMets Page 7
BRIGHTON DISTRicf NURSING ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 ACCOUNTING POLICIES Bwjis of prepariThg the fi¢11 thtsments The financial $tst¢ments of the charity, which is a public Iefit entity undtr FRS 102. haye been prepared in accordance with the Charities SORP (FRS 102) 'Accountillg and Re by Charities.. Statement of Recommend¢d Pra¢t1 applicabl¢ to charities pffep8ring their accounts in accordance with the Financial R¢portin8 Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial ReFKJrting Standard applicable in the UK and Republi¢ of Ireland, and the Charitie5 A¢¢ 2011. The fin8n¢i41 sw¢ments h4v¢ be¢n prepared under the historical cost convention. with the exception of itivesthients which are in¢luded at met valu¢. as modified by the revaluation of ceffain assets. Th¢ tnLrt constitutes apublic benefft entiry as defined by FRSIO2. The accounts are prepared in $wlin& which is the fim¢tional ¢urrency of the dtarity. Monetary amounts in these financial statements are rounded th¢ n¢or¢st £. The trusiees consider thAt there or¢ no m8trrial uDc¢rtainti&s about the tn¥ ability to continue 8s a going ¢on¢¢rn. IDcome All income is re¢ognised in th¢ Stai¢ml of Fin8ncia] A¢tiviti¢s On the charity entidement to the fids. it is probable that th¢ income will be received and th¢ amount can be me8sured reliably. Expettd1¢r¢ Liabilitie5 are recogn15ed as exp¢nditur¢ as soon as thete is a legal or constructive obligation cornmitting the charity to that ¢xp¢ndir¢, Lt is probabl¢ thai a trSfer of economic benefits will be required in settlement and the amouni of th¢ obli8ation can be mwured reli4bly. Expendi¢ur¢ is accounted f(Y on an accrua15 basi5 and ha5 been classified under headings that a88regate all cost relat¢d to th¢ ¢at¢gory. Where ¢0sts camiot be dir¢¢ily O1tribu¢ed io pirticular headings they have be¢n a110¢4ted to a¢¢ivitie5 On a basis consistent with the use of Grants ptyable ore payments made to third Imrties in the fUther¥n of the ¢haTitabl¢ objects of the trusl. In the case of an unconditional grant offer this is crned once the reeipiertt been notifi¢d of the grant aW4rd. Th¢ notification 8ives the recipient a reasonable expeciation that they will receive the one-year or multi.year 8rant. Grants awarded that are subject to the recipieni fiJlfi11in8 rfOrnIance condttions are ortly accrned when the re¢ipi¢nt h&% b¢¢n notified of the Dit and any rem4ining unfulfilled condition attaching to that grant is outside of the ¢ontrol of the tru. Provisions for grants are mth when the intention to make a gmt has beert ¢ommuni¢at¢d to th¢ recipient but there is uncertainty to the timin8 of the grant or the aMot of nI p8yable. GranL8 offered 8ubj¢¢t to ¢onditions whi¢h have not been m¢t at the year end date are noted as a commitment bui not accrued 85 expenditurv. R•tslng fvnds The ¢o$ts of 8¢neratin8 fijnds consist of invuthiem management costs. Ch*rltable aetlvltks Costs of charitable activities include grants and SuPXt tnainly a¢countan¢y and audit fees. Taxatlon Th¢ charity is ex¢mpt from tax on its thaTTtsbk acttvities. Fund accounting Unrestricted funth can k used in accordance with the charitable obje¢tives a¢ the dis¢retion of the In¢¢$. Restricted funds can only be used for particular restricted purpos¢s within the obje¢ts of the ¢lwity. lie5trictions arise when specified by the donor or when fimds are raised for particular ttstricted pu4)oses. Page 8 ¢ontinue(L..
BRIGHTON DISTRIcf NU ING ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS- FOR THE YEAR ENDED 31 DECEMBER 202 ACCOUNTING POLICIES- e0DtIlled ntlnued Fund *¢¢OUDtlng Further explanation of th¢ notur¢ atHI of fund is included in the not¢s to the financial swements. Flxed wet InvcstmeThts Mli5¢d and UDreali9¢d gaiDs losses Investments are a forni of basic instrument and aTe initi4ily recognised their transaction value and subsequently measured at their fair value as at the balanee sheet dat¢ using the closing quoted market prio. The trust does not a¢quire w options deTivativ¢s or (rther complex fjnancial iDStrum¢nts. The main forni of fman¢ial risk fac¢d by the charity is that of volatility in equity markets and inv¢stment markets due to wider economic conditiotis, the attityde of investm to investtnent risk. and chan8es in sentiment concerning equities and within pgrticu]¥r sectors (r sub se¢tOT5. All 8&ins and losses are taken to the Swem¢nt of Financi81 A¢tivitie$ they 8rise. Realised gains and losses on investments art ca]¢ulated as th¢ diff¢renc¢ between sol¢ pro¢ttds ond their op¢ning c4rying value OT their purchase value if a¢quired subs¢queni to the fiT51 day of the fmancial year. Unrealis¢d gains and losses are ¢alculated ay the difference bENeen the f•ir value the year end and their ¢8rrying valu¢, Realised and nrealised investment g•ins and10s50s ar¢ ¢ombirted in the Ststrm¢ni of Financial Activities. Ca$h at bonk attd In hand Cash at bank and in hand tiicludes cash and short tem] highty liquid investments with a short Matilty of thre¢ months or less from the date of qUIsition or opening of th¢ deposit or $imi]ar clL INVESTMENT INCOME 2022 2021 Investsnent income RAISING FUIYDS InveJtmeDt IDIDAgement ¢osts 2022 2021 Investment advi¢e GRANTS PAY ABLE 2022 2021 Grants continued...
BRIGHTON DISTRI NURSIIYG ASSOCIATION NOTES TO THE FIP4AIYCIAL STATEME FOR THE YEAR ENDED 31 DECELIIBER 2022 tttIDued GRANTS PAY ABLE- ¢otlnued The totsl gmts paid to instItio$ during the year wa5 &5 follows: 2022 2021 The Martlets Hospice- towards the cost of their n¢w building. Gra¢¢ Eyre Foundation. iowards cost of providing dedica and bespoke I:1 engag¢ment for 75 adults {2020 towards the cost of &lditional ¢quiprneni and materiais for re-imagined Active Live5 program Oasis- to contribute to the cost of staff% the thryeutic creche aged (kl I whoge por¢nts 8re accessing treatment. Fabri¢a- for Woven by Us pn)iect to Sup older people isolated by ¢ompl¢x health issues. Pathways to Health- to provide fuJan¢i81 Lssistance toward5 the ¢ost of an thlitional practiti¢. Sundry grants. Brighton Parent Infant P5y¢hologica] Therapy (BrightonPIP)- to supw)rt service development manager.¢ordInat0r.training and IT equipment. Clock Tower San¢wary - to provide lS1S supih)rt for homeless yOUDg people. St John Ambulance- assisl mobile ¢entre clinics forth¢ homel¢ss. Friends of Brighton and Hove Hospttals- towaTds'small acts of friendship, Project. Togeth¢r Collective- towards the cost of Buddy Piloi lrniniD8 volunt#T& livity cosw expenses etc. Pedal People- towards equipmenL vohmteer $upyc dc of older peopl¢ living in care. Whoopsadaisy- towards the com of nmnin8 the under 5$ gw of %)me 25 ¢hildren and their parents ond ¢arers. Homeopathy in the Community . towards the ¢osi of offering 28 hdf d&y sessions and support for clients of Survivors, Network (2020 sUPPOrt of the Rise work). Lunch Positive - to provide funding iowards the cost of employing a se85ion8l WOTker to co.ordinoie this outreach projea io improve the health of people with HIV. Musi¢ iti Hospitsls and Care- io provide 10 free wncerts and venues in the City. Brighton Yoga Foundation- ¢0 Ikliver a I hour session for a ye to residents with multiple needs. Happy Days- to provide a visitin8 workshop on 2 OlOn$ to serve 140 children aged 5-15 in Brighton. Bright(M Dome and Festival Lid (fkne Umiyella Club)- io provid¢ financial io the annual running Costs in SUprt for sick Children. R L Adv¢rtising- to &ssisi infant feeding sp¢¢ialisL Th¢ PBC Foundation IPrimary Biliary Cholan8itis)- to wovide funth8 f(* the cost of 4 editiODS of the magAzÉtie over A year to the 82 rryi5tv¢d wvi¢¢ users. Belltre¢ Music Therapy- to assist in raising monies for their I:1 and group sessions. Tarner- washing m4¢hine for family with 3 children with learning difficulti¢5. 10,(KK) 10.ocKJ 7.500 6.396 5,652 6,453 6,636 5.826 4,721 5.000 5,000 5.000 5.IKJO 5.000 5.fAIO 5,(KlO 5.rM)o 4.OtKI 4,(KJO 3.700 2,500 3,0(Kl 2.588 1.764 2,000 2.000 1.860 1,574 1.500 800 Page 10 continueit..
TRIcf NURSING ASSOCIATION TO THE FINAI¥CIAL STATEMENTS- contiDued FOR THE YEAR ENDED 31 DECEMBER 2022 SUPPORT COSTS Governance costs sUprt costs Support costs. included in the abovA are as follow8: 2022 Support costs 2021 Total activities Auditors, r¢mun¢rdtion Independent exam1ttiOn Accoun1¢Y 114 1,140 1200 TRUSTEESI REMUNERATION AND BENEFITS Th¢re w¢r¢ no $tee$, remunerth or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021. TruJt¢eb' •xp¢Trs There were ¢nts¢s' exp¢nse$ pwd fLY the year ¢nd¢d 31 Dx¢mber2022 nor for the year ended 31 December 2021. COMPARATIVES FOR THE STATEMENT OF FU¥ANCIAL ACTIVITIES Unre$tri¢t¢d fund INCOME AND ENDOWMENTS FROM Investment income EXPENDITURE ON Raisin8 fiujds 10,332 Cbaritable athldes Grants Support costs 76,427 Tot1 Net gains on investhlettts 162415 NET INCOME 130,563 RECONCILIATION OF FUNDS Totsl brollght forward 2,828,431 Pagell continued...
BIUGHTON DISTRICT NOTES TO E FINANCIAL THE YEAR ENDED DE TETS- co•tSnued EMBER 2022 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES. eontinued Unr¢$tricted fund TOTAL FUNDS CARRIED FORWARD 2 958 994 FIXED ASSET INVESTMENTS Market Valu¢ LiMeAI InvtsDnents Listed Inveslm¢nt 2021 2022 At I Sanuary 2022 Additions Disposals Revaluation At 31 December 2022 2.883.616 2.729.873 625.781 2.209.135 {797.314) (2,106,015) 41 An analysij of the Split of investmttts as as follow$: 2022 2021 Inside the UK Ouiside the UK 1.479,538 1,574,710 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Other creditors io. MOVEMENT IN FUNDS Net movement in ndS At 31.12.22 Atl.1.22 Unr¢stTiCted futtds General fund 2.958,994 (324299) 2.634,695 TOTAL FUNDS 24 2 958 994 LL99) 2 634 695 Pyg¢ 12 Continue..
TON DIS NOTES TO THE FINANCIAL FOR THE YEAR ENDED 31 D TAT CE MENTS- CODtiDued ER 21122 io. MOVEMENT FUNDS. ¢oDthiued Net movement in fund% iticluded in the ab)vc are as follows: Incomin8 Gains and losses Movement in fimds Unrestrieted fulldj G¢nernl fund 54,6g¥) (83.643) (295.346) (324299) 324 299 TOT AL FUNDS 295 346 Compirntfvej for movement ID fundj Nei movement in funds At 31.12.21 Ai 1.1.21 Uttrestrkted tsDdJ General nd 2.828,431 130.563 2,958,994 TOTAL FUNDS 2828431 130563 2 958 994 Comparative nel movement in funds. included in the above 8re follows". kncomin8 ResouTces Gaitis and expended Iosges Movernent in fvnds Unr¢strlct¢d funds General fimd 58.161 (90.013) 162.415 130.563 TOTAL FUNDS 162415 130 563 ii. RELATED PARTY DISCLOSURES Ther¢ were no related party Ir8nsa¢tion5 f(Y the year eDded 31 De¢ernber 2022. Pw13
BRIGH STRIcf NURSIN ASSOCIATI DETAILED STATEMENf OF FINANCIAL ACT FORT E YEARENDED JI DECEMBER 2022 vrriE 2022 2021 INCOME AND ENDOWMENTS Inve8tmeDt ltteome Invesiment income Totsl ineomlng reSoUe$ s4.6j 58,161 EXPENDITURE Investment management costs Investsnent advice 11.0 10,332 Charltgble 4¢tlvltles Grdnts to instilutions and individuals 69,043 76.427 Support cos1> Governance costs Auditor5, remuneration Independent examination AottnCY 114 1,140 1,200 Totsl resources expended Net ¢xpendliure before plD$ Iou (28,953) (31.852) Reall8ed re¢o8nlJed galns *nd losyes Realld and unr¢alhsed gain&qos%s ort investments (295 346) 162415 Net {expendltureyln¢ome (324 299) 130 563 This page forni of the ststutory finan¢ial statements Page 14