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|---|---|---|---|
|Reference and administrative||details ofthe charity, its Trustees and advisers||
|Trustees'
report|||2-4|
|Independent
auditors'|report|on the financial statements|5-8|
|Statement offinancial|activities|||
|Balance sheet|||10|
|Notes to the financial|statements||11-18|
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|REFERENCE AND|REFERENCE AND|REFERENCE AND|ADMINISTRATIVE|DETAILS OF THE|DETAILS OF THE|CHARITY, ITSTRUSTEES AND ADVISERS|
|---|---|---|---|---|---|---|
||||FOR THE YEAR ENDED 5APRIL 2023||||
|Trustees|||Mr P Denby, Chairman||||
||||Mr D M Gerry||||
||||Mrs JWelch||||
||||Mr M Shah (appointed||16June 2023)||
|Charity Registered|||||||
|Number|||216471||||
|Principal|Office||St Swithin's
Court||||
||||1 Flavian Road||||
||||Lincoln||||
||||LN2 4GR||||
|Independent||Auditors|Streets Audit LLP||||
||||Chartered
Accountants||& Statutory|Auditor|
||||Tower House||||
||||Lucy Tower Street||||
||||Lincoln||||
||||LN1 1XW||||
|Bankers|||Handelsbanken|pic|||
||||1st Floor, 5 Henley Way||||
||||Doddington
Road||||
||||Lincoln||||
||||LN6 3QR||||
|Solicitors|||Chattertons||||
||||St Swithin's
Court||||
||||1 Flavian Road||||
||||Lincoln||||
||||LN2 4GR||||
|Investment||Advisors|Brewin Dolphin|Limited|||
||||Olympic House||||
||||Doddington
Road||||
||||Lincoln||||
||||LN6 3SE||||
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|||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
||||Nots|2023
f|2023
6|2023
6|2022f|
|Income and endowments||from:||||||
|Investments|||2|55,724||55,724|47,466|
|Total income and|endowments|||55,724||55,724|47,466|
|Expenditure
on:||||||||
|Raising funds||||16,363||16,363|14,950|
|Charitable
activities||||57,314||57,314|23,770|
|Total expenditure||||73,677||73,677|38,720|
|Net (expenditure)/income||before net||||||
|(losses)/gains
on|investments|||(17,953)||(17,953)|8,746|
|Net (losses)/gains|on investments||||(281,260)|(281,260)|37,358|
|Net movement
in|funds|||(17,953)|(281,260)|(299,213)|46,104|
|Reconciliation
of|funds:|||||||
|Total funds brought|forward|||41,860|2,226,642|2,268,502|2,222,398|
|Net movement
in funds||||(17,953)|(281,260)|(299,213)|46,104|
|Total funds carried forward||||23,907|1,945,382|1,969,289|2,268,502|
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|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2023|2023|2022|
|6|6|E'|
|16,363|16,363|14,950|
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||||Grant||||
|---|---|---|---|---|---|---|
||||funding of|Support|Total|Total|
||||activities|costs|funds|funds|
||||2023|2023|2023|2022|
|||||6|6|5|
|Payment|of|grants|47,966|9,348|57,314|23,770|
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|||Total|Total|
|---|---|---|---|
|||funds|funds|
|||2023
6|2022f|
|Secretarial services||6,463|2,042|
|Bank charges||275|250|
|Governance|costs|2,610|2,010|
|||9,348|4,302|
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|Grants to|Total|Total|
|---|---|---|
|Institutions|funds|funds|
|2023|2023|2022|
|E|E||
|47,966|47,966|19,468|
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|8.|Fixed asset investments|Fixed asset investments|||
|---|---|---|---|---|
|||||Listed|
|||||investments|
|||||8|
||Cost or valuation||||
||At 6 April 2022|||2,159,770|
||Additions|||127,082|
||Disposals|||(147,759)|
||Revaluations|||(266,805)|
||At 5 April 2023|||1,872,288|
||Net book value||||
||At 5 April 2023|||1,872,288|
||At 5April 2022|||2,159,770|
|9.|Material Investments||||
||||2023|2022|
||UK and Overseas Bonds||270,456|260,215|
||UK Equities||529,082|583,886|
||Overseas
Equities||545,628|648,925|
||Global Investments||205,057|294,472|
||Private
Equity||98,715|132,140|
||Other Investments||223,350|240,132|
||||1,872,288|2,159,770|
|10.|Creditors: Amounts|falling due within one year|||
||||2023|2022|
||||8||
||Accruals||2,400|2,010|
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|Summary|offunds - current y|ear||||||
|---|---|---|---|---|---|---|---|
|||Balance at 6||||Gains(|Balance at 5|
|||April 2022f|Income
f|Expenditure|f|(Losses)
f|April 2023
f|
|General funds||41,860|55,724|(73,677)|||23,907|
|Endowment|funds|2,226,642||||(281,260)|1,945,382|
|||2,268,502|55,724|(73,677)||(281,260)|1,969,289|
|Summary|offunds - prior year|||||||
|||Balance at||||Gainer|Ba/ance at|
|||6 April 2021|Income
f|Expenditure|f|(Losses)|5 April 2022f|
|General funds||33,114|47,466|(38,720)|||41,860|
|Endowment|funds|2,189,284||||37,358|2,226,642|
|||2,222,398|47,466|(38,720)||37,358|2,268,502|
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|Analysis of net assets between
funds - cur|rent year|||
|---|---|---|---|
||Unrestricted|Endowment|Total|
||funds|funds|funds|
||2023
f|2023
f|2023f|
|Fixed asset investments||1,872,288|1,872,288|
|Current assets|26,307|73,094|99,401|
|Creditors due within one year|(2,400)||(2,400)|
|Total|23,907|1,945,382|1,969,289|
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|Analysis of net assets between funds - prio|r year|||
|---|---|---|---|
||Unrestricted|Endowment|Total|
||funds|funds|funds|
||2022|2022f|2022f|
|Fixed asset investments||2,159,770|2,159,770|
|Current assets|43,870|66,872|110,742|
|Creditors due within one year|(2,010)||(2,010)|
|Total|41,860|2,226,642|2268,502|
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