OpenCharities

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

2023-03-31-accounts

Trustees and professional Trustees and professional advisors
Report ofthe Trustees and Statement ofTrustee's Responsibilities 2-4
Report ofthe Independent Examiner
Statement of Financial Activities
Balance Sheet
Notes and Accounting Policies

Notes Year Ended Year Ended
31March 2023 31 March 2022
E E E
Incoming resources 1.3
Incoming
resources from generated
funds:
Voluntary
income:
Donations 10,080 460
Legacies 22,000 22,674
32,080 23,134
Investment
income
34,827 28,345
Total incoming resources 66,907 51,479
Resources expended
Costs ofgenerating
funds
investment
management
costs 15,108 12,245
Charitable
activities
Grants 45,325 55,100
Other resources expended
Governance
costs
4,776 5,091
Total resources expended 65,209 72,436
Net incoming / (outgoing) 1,698 (20,957)
resources
Net (loss) / gains on investments (20,624) 122,316
Net movement
in funds
(18,926) 101,359
Reconciliation offunds
Fund balance brought forward 1,521,817 1,420,458
Fund balance carried forward 1,502,891 1,521,817

BALANCE SHEET
YEAR ENDED 31sr MARCH 2023
Notes Year Ended Year Ended
31 March 2023 31 March 2022
Fixed assets
Investments, at market value 7 1,447,969 1,482,874
Current assets
Cash at bank 56,602 40,623
Creditors amounts falling due 8
within one year 1680 1680
Net current assets 54 922 88945
Net assets ~1,50 891 ~15 1~817
The Funds
ofthe
Charity
Unrestricted general funds

2. Investment inc ome
Year ended Year ended
31/oa/2o23 31/03/2022
E E
Listed investment income 34,827 28,343
a. Investment Management Costs
Portfolio Management 15,108 12,245

2023 2022
E
Administration 1,640 1,411
Meetings 1,696 2,000
Accountancy 1,440 1,680
5,091
6. Analysis ofGrants
Retirement Grants 44,500 54,500
Sickness Grants 825 600
45,325 55,100

7. Fixed Asset Investments 2023 2022
E E
Market Value as at 1 April 2022 1,482,874 1,348,898
Additions
to investments
at cost 140,461 204,341
Disposals at carrying
value
(159,207) (236,945)
Net gain / (loss) on revaluation (16,159) 166,580
1,447,969 1,482,874
Investments at market value comprised:
Equities 1,152,304 1,200,962
Fixed Interest Securities 238,740 229,580
Cash held within Investment Portfolio 56,925 52,332
1,447,969 1,482,874
8. Creditors: Amounts falling due within one year
Other Creditors
9. Movement
in Funds
Unrestricted
Funds
Balance at 1"April 2022 1,521,817
Movement
in funds
in
the year (18,926)
Balance at 31"March 2023 1,502,891

Incoming Resources Gains and Movement
Resources Expended Losses in Funds
E E
Unrestricted Funds
General Fund 66,907 (65,209) (20,624) (18,926)
Total Funds 66,907 (65,209) (20,624) (18,926)