| Unrestricted | Funds 2023 |
2022 | |||||
|---|---|---|---|---|---|---|---|
| Income | Capital | Total | Total | ||||
| INCOME FROM | |||||||
| Investment income |
&om: | ||||||
| Investments in |
|||||||
| hands ofInvestment | Managers | 228,594 | 228,594 | 224,951 | |||
| Other investments | 633 | 633 | 707 | ||||
| Total Income | 229,227 | 229,227 | 225,658 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities |
(notes 2 | &3) | 229,035 | 25,871 | 254,906 | 248,652 | |
| Total Expenditure | 229,035 | 25,871 | 254,906 | 248,652 | |||
| Net Income / (Expenditure) | before | ||||||
| investment gains |
192 | (25,871) | (25,679) | (22,994) | |||
| Galas/(Losses) on investments |
|||||||
| Realised | 127,033 | 127,033 | 51,417 | ||||
| Unrealised | (563,651) | (563,651) | 273,668 | ||||
| (436,618) | (436,618) | 325,085 | |||||
| 192 | (462,489) | (462,297) | 302,091 | ||||
| Transfer between funds | |||||||
| NET MOVEMENT | IN | FUNDS | 192 | (462,489) | (462797) | 302,091 | |
| Total funds brought | forward | 26,085 | 6,167,645 | 6,193,730 | 5,891,639 | ||
| Total funds carried | forward | 26,277 | 5,705,156 | 5,731,433 | 6,193,730 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Fixed Assets | ||||||
| Investments | ||||||
| In the hands ofInvestment | Managers | (Note 6) | 5,693,488 | 6,148,417 | ||
| Others (Note | 7) | 23,060 | 24,539 | |||
| 5,716,548 | 6,172,956 | |||||
| Current Assets | ||||||
| Debtors (Note | 8) | |||||
| Bank balances | 25,867 | 24,647 | ||||
| 25,867 | 24,647 | |||||
| Liabilities: Amounts | falling | |||||
| due within one | year | (Note | 9) | 10,982 | 3,873 | |
| Net Current Assets | 14,885 | 20,774 | ||||
| Net Assets | 5,731,433 | 6,193,730 | ||||
| Funds | ||||||
| Unrestricted | ||||||
| Capital | 5,705,156 | 6,167,645 | ||||
| Accumulated | income | 26,277 | 26,085 | |||
| Total Funds | 5,731,433 | 6,193,730 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| CASHFLOWS FROM OPERATING ACTIVITIES | |||||||
| Net movement in funds |
(462,297) | 302,091 | |||||
| Investment (gains) / losses |
436,618 | (325,085) | |||||
| Decrease / (increase) in debtors |
|||||||
| Increase / (decrease in creditors) |
7,109 | 190 | |||||
| Less investment income |
(229,227) | (225,658) | |||||
| Less interest income | |||||||
| Net cash provided by / (used in) operating |
activities | (247,797) | (248,462) | ||||
| CASHFLOWS FROM INVESTING ACTIVITIES | |||||||
| Purchase ofshares | (305,765) | (457,638) | |||||
| Proceeds trom sale ofshares | 554,066 | 447,467 | |||||
| Investment income |
229,227 | 225,658 | |||||
| Interest income | |||||||
| Decrease / (Increase) in cash held by Investment |
Managers | (228,511) | 14,937 | ||||
| Net cash provided by / (used in) investing |
activities | 249,017 | 230,424 | ||||
| CHANGE IN CASH AND CASH EQUIVALENTS IN | |||||||
| THE REPORTING PERIOD | 1/20 | (18,038) | |||||
| Cash and cash equivalents at the beginning |
ofthe | reporting | period | 24,647 | 42,685 | ||
| Cash and cash equivalents at the end ofthe reporting |
period | 25,867 | 24,647 | ||||
| ANALYSIS OF CASH AND CASH EQUIVALENTS | |||||||
| Current account |
25,867 | 24,647 | |||||
| Short term deposits | |||||||
| Total cash and cash equivalents | 25,867 | 24,647 |
| CHARITABLE EX | P | ENDITU | RE | |||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| g | ||||||||
| Grants to individuals |
65,787 | 67,791 | ||||||
| Grants to institutions | 143,325 | 162,550 | ||||||
| 209,112 | 230,341 | |||||||
| Supportcosts | ||||||||
| Secretary's remuneration |
10,883 | 10,220 | ||||||
| Payroll maintenance | costs | 81 | 80 | |||||
| Telephone, postage, |
stationery | and | sundry | 1,806 | 1,877 | |||
| 12,770 | 12,177 | |||||||
| 221,882 | 242,518 | |||||||
| During the year grants | to individuals | have | been made as follows: | |||||
| 2023 | 2022 | |||||||
| Number | Total | Number | Total | |||||
| Clothing and furniture |
161 | 29,872 | 178 | 33,357 | ||||
| Convalescence and |
holidays | |||||||
| Domestic equipment | 145 | 32,935 | 151 | 32,420 | ||||
| Education | 3 | 900 | ||||||
| Social and welfare | 11 | 2,080 | 2,014 | |||||
| 320 | 65,787 | 338 | 67,791 | |||||
| Grants to institutions | have been | made as follows: | ||||||
| Accommodation and |
housing | 2 | 4,000 | 4 | 7,500 | |||
| Arts, culture and buildings |
14 | 12,750 | 11 | 13,000 | ||||
| Education and training | 15 | 11,000 | 13 | 11,500 | ||||
| Health, medicine etc |
43 | 46,500 | 50 | 52,500 | ||||
| Holidays and vacations |
4 | 3,000 | 2 | 2,000 | ||||
| Leisure activities | 14 | 7,950 | 13 | 8,250 | ||||
| Social and welfare | 59 | 50,500 | 64 | 57,250 | ||||
| Youth activities | 9 | 7,625 | 11 | 10,550 | ||||
| 160 | 143,325 | 168 | 162,550 |
| Air Ambulance | Air Ambulance | Warwickshire | 1,000 | |
|---|---|---|---|---|
| Asthma &Lung | UK | 1,000 | ||
| BMusic | 1,000 | |||
| Berrow Cottage | Homes | 3,000 | ||
| Birmingham | & | Solihull Women's | Aid (2) | 10,000 |
| Birmingham | City Mission | 1,000 | ||
| Birmingham | Jewish Community | Care | 1,000 | |
| Birmingham | Phab Camps | 1,000 | ||
| carry forward | 19,000 |
| brought forward |
19,000 | ||
|---|---|---|---|
| Birmingham Royal Ballet |
1,000 | ||
| Birmingham Settlement |
1,000 | ||
| Bowel Cancer UK | 1,000 | ||
| Brain Tumour Charity |
1,000 | ||
| Bromsgrove Concert |
1,000 | ||
| Buds | 1,000 | ||
| Climbing Out |
1,000 | ||
| Community Action Ledbury |
1,000 | ||
| Compton Care |
2,000 | ||
| Corpus Christi Church | 1,000 | ||
| Cotteridge Church |
1,000 | ||
| Coventry Independent Advice Service |
1,000 | ||
| CPAS | 1,000 | ||
| Criminon UK |
1,000 | ||
| Cystic Fibrosis Trust | 1,000 | ||
| Debra | 1,000 | ||
| Dementia UK | 1,000 | ||
| Dorothy Parkes Community | Centre | 1,000 | |
| Douglas Macmillan Hospice &Donna Louise Hospice |
2,000 | ||
| Dream Holidays | 1,500 | ||
| Eric | 1,000 | ||
| Gilgal Birmingham | 1,500 | ||
| The Haven Wolverhampton | 1,000 | ||
| Headway Birmingham &Solihull |
1,000 | ||
| Home from Hospital Care |
1,000 | ||
| Hope House Children's | Hospice | 1,000 | |
| Howly Grange Scout Group | 1,000 | ||
| Katherine House Hospice |
2,000 | ||
| Life's Good Book Club | 1,000 | ||
| The Lily Mae Foundation | 1,000 | ||
| Longborugh Festival Opera |
1,000 | ||
| Look Good Feel Better | 1,000 | ||
| Making Space | 1,000 | ||
| Martineau Gardens |
1,000 | ||
| Mary Ann Evans Hospice | 2,000 | ||
| Mary Stevens Hospice | 2,000 | ||
| Meningitis Now |
1,000 | ||
| Midland Air Ambulance |
Charity | 1,000 | |
| Motor Neurone Disease | Association | 1,000 | |
| Multiple Sclerosis (MS) |
1,000 | ||
| Myton Hospice | 2,000 | ||
| Nice Centre for Movement | Disorders | 1,000 | |
| NYCGB National Youth |
Choirs | 1,000 | |
| Oesophageal Patients Association |
1,000 | ||
| Omega | 1,000 | ||
| Orchestra ofthe Swan | 1,500 | ||
| Outward Bound Trust |
1,000 | ||
| Ovacome | 1,000 | ||
| Peter Le Marchant Trust |
1,000 | ||
| Peter Pan Centre | 1,000 | ||
| Prostate Cancer UK | 1,000 | ||
| Royal National College |
for | the Blind | 1,000 |
| Royal Star &Garter | 1,000 | ||
| Scouts 126~ Birmingham | (IaHodge Hill) | 1,000 |
| brought forward |
63 | 80,500 | |||
|---|---|---|---|---|---|
| Severn Valley Railway | 1,000 | ||||
| Shipston Home Nursing | 1,000 | ||||
| Special Olympics West |
Midlands | 1,000 | |||
| Stage 2 Youth Theatre S TAMIL |
Company | 1,000 1,000 |
|||
| StAndrew Church, Shiihal |
1,000 | ||||
| St Giles Hospice Care | 2,000 | ||||
| The St John Henry Newman | Cluster —St Mary's Church | 1,000 | |||
| StMichael's Hospice | 2,000 | ||||
| St Richards Hospice | 2,000 | ||||
| Stroke Association | 2,000 | ||||
| Tall Ships Youth Trust | 1,000 | ||||
| The Telling | 1,000 | ||||
| Tiny Tim's Children's | Centre | 1,000 | |||
| Walking with the Wounded |
1,000 | ||||
| Whizz Kids | 1,000 | ||||
| Willow | 1,000 | ||||
| Windmill Community |
Church | 81 | 2,000 | ||
| Grants under g1,000 | 79 | 39,825 | |||
| 160 | 143,325 |
| GOVERNANCE C |
OS | TS | |||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Secretary's remuneration |
1,209 | 1,135 | |||
| Payroll maintenance | costs | 9 | 9 | ||
| Telephone, postage, |
stationery | and sundry | 1,300 | 1,390 | |
| Accountancy fee |
3,960 | 3,600 | |||
| Stockbroker's fees |
26,546 | ||||
| 33,024 | 6,134 | ||||
| Charged against Unrestricted | Capital | ||||
| Stockbroker's fees |
23,891 | ||||
| Accountancy fee |
1,980 | ||||
| Charged against Unrestricted | Income | ||||
| All other governance | costs | 7,153 | 6,134 | ||
| 33,024 | 6,134 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| No. | No. | |||||
| INVESTMENTS IN | THE HANDS OF INVESTMENT | MANAGERS | ||||
| 2023 | 2022 | |||||
| f | ||||||
| Cost ofInvestments | listed | on a | ||||
| recognised | Stock Exchange | |||||
| At 6April | 2022 | 4,451,272 | 4,389,684 | |||
| Additions | 305,765 | 457,638 | ||||
| Cost ofsales | (427,033) | (396,050) | ||||
| At 5April | 2023 | 4,330,004 | 4,451,272 | |||
| Surplus on revaluation | ||||||
| At 6April | 2022 | 1,681,603 | 1,406,074 | |||
| Eliminated | on sales | (106,552) | (53,710) | |||
| Increase/(decrease) | in year | (455,620) | 329,239 | |||
| At 5April | 2023 | 1,119,431 | 1,681,603 | |||
| Market value at 5 April 2023 | 5,449,435 | 6,132,875 | ||||
| Investments | at Market Value comprised: | |||||
| Bonds and Fixed | Interest | 635,051 | 469,936 | |||
| Equities and Alternative | Assets | 4,814,384 | 5,662,939 | |||
| 5,449,435 | 6,132,875 | |||||
| Uninvested | cash | 244,053 | 15,542 | |||
| 5,693,488 | 6,148,417 |
| 2023 | 2022 | ||
|---|---|---|---|
| Cost ofInvestments | listed on a | ||
| recognised Stock Exchange |
|||
| At 6 April 2022 &5 April 2023 | 26,128 | 26,128 | |
| Surplus on revaluation | |||
| At 6April 2022 | (1,589) | 272 | |
| (Decrease)/increase | in year | (1,479) | (1,861) |
| At 5 April 2023 | (3,068) | (1,589) | |
| Market value at 5 April 2023 | 23)060 | 24,539 | |
| DEBTORS | |||
| 2023 | 2022 | ||
| Accrued income |
| 2023 | 2022 | ||
|---|---|---|---|
| Sundry | creditors | 10,982 | 3,873 |
| Brought | Income | Expenditure | Transfers | Gains/ | Carried | ||
|---|---|---|---|---|---|---|---|
| Forward | in/out | (Losses) | Forward | ||||
| Unrestricted | Funds | ||||||
| Income | 26,085 | 229,227 | (229,035) | 26,277 | |||
| Capital | 6,167,645 | (25,871) | (436,618) | 5,705,156 | |||
| Total ofFunds | 6,193,730 | 229,227 | (254,906) | (436,618) | 5,731,433 | ||
| 2022 | 5,891,639 | 225,658 | (248,652) | 325,085 | 6,193,730 |
| Accumulated | ||||||
|---|---|---|---|---|---|---|
| Capital f |
Income | Total | ||||
| Investments in hands ofInvestment |
Managers | 5,449,435 | 5,449,435 | |||
| Other investments | 23,060 | 23,060 | ||||
| Funds in hands ofInvestment | Managers | 232,661 | 11,392 | 244,053 | ||
| Debtors | ||||||
| Bank balances | 25,867 | 25,867 | ||||
| 5,705,156 | 37,259 | 5,742,415 | ||||
| Less Liabilities | 10,982 | 10,982 | ||||
| 5,705,156 | 26,277 | 5,731,433 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Financial | assets measured | at fair value | ||
| through | income and expenditure: | |||
| Investments | 5,716,548 | 6,172,956 | ||
| Bank balances | 25,867 | 24,647 | ||
| Debtors | ||||
| 5,742,415 | 6,197,603 |