OpenCharities

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2023-03-31-accounts

Charity number Charity number 216594
Trustees Mrs CM Wessel (Chair)
Mrs JPochin
Mr D Knowles
Mrs SIilsley
Mrs JWood
Mr DWood
Mr D Surtees
Mrs SFreeman
Mrs SFish
Treasurer Mr ECufflin
Secretary Mrs RCufflin
Principal address Mercury Place
StGeorge Street
Leicester
LE1 1QG
Accountants Somerbys
Limited
30Nelson Street
Leicester
LE1 7BA
Bankers Bank ofScotland
PO Box 1000
BX2 1LB
Investment Advisers Charles Stanley &Co
Mercury Place
StGeorge Street
Leicester
LE1 1QG

Page
Trustees'
report
1-2
Independent
examiner's
report
Statement offinancial activities
Balance sheet
Notes to the accounts 6-8

Note 2023 2022
Income and endowments
from:
Investment
income
70,304 52,934
Total 70,304 52,934
Expenditure
on:
Charitable
activity
Grants and donations
payable
72,750 61,250
Administration
expenses
4,200 1,663
Total 76,950 62,913
Net expenditure
before
investment gains/losses (6,646) (9,979)
Gains on investments;
Realised gains/(losses)
on disposal of
investments 6 (44,034) (8,193)
Unrealised
gains/(losses)
on revaluation ofinvestments 6 (109,694) 30,829
Investment
management
costs (9,268) (5,724)
Net income/(expenditure) (169,642) 6,933
Fund balances at 1 April 2022 1,487,064 1,480,131
Fund balances at 31March 2023 1,317,422 f.1,487,064
All ofthe above funds are unrestricted.

Note 2023 2022
Fixed assets
Investments 6 1,263,650 1,437,449
Current assets
Cash at bank and in hand 55,128 76,505
Creditors: amounts falling due
within one year (1,356) (26,890)
53,772 49,615
Net current assets
f.1,317,422 K1,487,064
Total assets less current liabilities
Funds ofthe charity
Unrestricted
funds
K1,317,422 f.1,487,064

vestment
Income
2023 2022
Income from listed investments F70,304 K52,934

Charitable Other Total
activity e~xeeses
Grants payable 72,750 72,750
Accountancy 1,356 1,356
Honorarium 2,500 2,500
Other 344 344
72,750 4,200 76,950
Grants and donations payable
2023 2022
Charity Link —Grants for the needy 61,250 50,000
Charity Link —Grant for administrative purposes 11,500 11,000
Cerulean Blue 250
Total Grants 72,750 61,250
Total grants and donations 72,750 61,250

Market value at 1 April 2022 Market value at 1 April 2022 1,437,449
Additions
at cost
47,602
Disposal proceeds
Realised gain/(loss)
(67,673)
(44,034)
Change in value in the year (109,694)
Market value at 31March 2023 1,263,650
Historical cost:
At 31 March 2023 1,240,750
At 31March 2022 1,293,116
7, Creditors: amounts falling due within one year
2023 2022
Accruals K1,356 26,890