|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|3|
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|7|to|10|
|Detailed Statement ofFinancial Activities||||
##
##
##
##
##
##
##
##
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
||||||fund|funds|
|||||Notes|||
|INCOME|AND ENDOWMENTS FROM||||||
|Investment|income||||25,852|23,388|
|Other income|||||130||
|Total|||||25,982|23,388|
|EXPENDITURE ON|||||||
|Charitable|activities||||||
|Grants k Fellowships||Payable|||7,027|835|
|Governance|||||624|600|
|Management|&administration||ofthe charity||3,639||
|Other||||||3,566|
|Total|||||11,290|5,001|
|Net gains/(losses)
on investments|||||(23,340)|76,328|
|NET INCOME/(EXPENDITURE)|||||(8,648)|94,715|
|RECONCILIATION||OFFUNDS|||||
|Total funds|brought forward||||600,556|505,841|
|TOTAL FUNDS CARRIED|||FORWARD||591,908|600,556|
##
|||2022|2021|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes||E|
|FIXEDASSETS||||
|Investments||564,440|582,713|
|CURRENT ASSETS||||
|Cash at bank||30„358|36,006|
|CREDITORS||||
|Amounts
falling due within one year||(2,890)|(18,163)|
|NET CURRENT ASSETS||27,468|17,843|
|TOTAL ASSETSLESSCURRENT|LIABILITIES|591,908|600,556|
|NET ASSETS||591,908|600,556|
|FUNDS||||
|Unrestricted
funds||591,908|600,556|
|TOTAL FUNDS||591,908|600,556|
##
##
##
##
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|Investment|income -|M&G common funds|||25,849|23,388|
|Interest received - managing|||agents and bank||3||
||||||25,852|23,388|
|CHARITABLE ACTIVITIES COSTS|||||||
|||||Grant|||
|||||funding of|||
|||||activities|||
|||||(see note|Support||
|||||4)|costs|Totals|
|Grants &Fellowships||Payable||7,027||7,027|
|Governance|||||624|624|
|Management|&administration||ofthe charity||3,639|3,639|
|||||7,027|4,263|11,290|
##
##
|GRANTS PAYABLK|||||
|---|---|---|---|---|
||||2022|2021|
|Grants &Fellowships
Payable|||7,027|835|
|The total grants paid to institutions|during the year was|as follows:|||
||||2022|2021|
|British Grassland
Society Conference|||1,500|1,500|
|University ofAberystwyth|||5,000||
|European
Grassland
Federation
Symposium|||2,000|2,000|
|SRUC Edinburgh|||2,500||
|TEAGASC - The Agricultural
Food|and Development|Authority|(4,113)||
|Kingsley Uzoma||||(3,665)|
|AFBINI
University ofLancaster
University ofQueensland
British Society ofAnimal Science|||(3,000)
(4,500)
(2,550)|3,000|
|International
Grassland
Conference||||(2,000)|
|Rothamsted
Research - TTAkpensuen|||6,890||
|Rothamsted
Research - ECashman|||3,300||
||||7,027|835|
##
##
|COMPAR|ATIVE|S F|OR THE STATEMENT OFFINANCIAL ACTIVI|TIES|
|---|---|---|---|---|
|||||Unrestricted|
|||||fund|
|INCOME|AND ENDOWMENTS FROM||||
|Investment|income|||23,388|
|EXPENDITURE||ON|||
|Charitable|activities||||
|Grants 8cFellowships|||Payable|835|
|Governance||||600|
|Other||||3,566|
|Total||||5,001|
|Net gains on investments||||76,328|
|NET INCOME||||94,715|
|RECONCILIATION|||OF FUNDS||
|Total funds|brought|forward||505,841|
##
##
##
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVI|TIES -continued|
|---|---|
||Unrestricted|
||fund|
|TOTAL FUNDS CARRIED FORWARD|600,556|
|FIXEDASSETINVESTMKNTS||
||Listed|
||investments|
|MARKET VALUE||
|At 1stJuly 2021|582,713|
|Additions|5,067|
|Revaluations|(23,340)|
|At 30th June 2022|564,440|
|NKT BOOKVALUE||
|At 30th June 2022|564,440|
|At 30th June 2021|582,713|
||||Charifund|Charifund|Charibond||
|---|---|---|---|---|---|---|
||||Accumulation|Income|Income|Total|
|Valuation|at|1 July 2021||f474,482|X,108,231|f582,713|
|Valuation|at|30June 2022|K4,770|f460,051|f99,619|6564,440|
|Historic|cost|(at 8 April 2008)||f415,752|X103,938|5.519,690|
|||(at2 February 2022)|K5,000|||K5,000|
|||(at31May 2022)|$67|||f67|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||||
||||||2022|2021|
|Other creditors|||||2,890|18,163|
|MOVEMENT IN FUNDS|||||||
||||||Net||
||||||movement|At|
|||||At 1.7.21|in funds|30.6.22|
|Unrestricted||funds|||||
|General fund||||600,556|(8,648)|591,908|
|TOTAL|FUNDS|||600,556|(8,648)|591,908|
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted|funds||||||
|General fund|||25,982|(11,290)|(23,340)|(8,648)|
|TOTAL FUNDS|||25,982|(11,290)|(23,340)|(8,648)|
|Comparatives|for movement|in funds|||||
||||||Net||
||||||movement|At|
|||||At 1.7,20|in funds|30.6.21|
|Unrestricted|funds||||||
|General fund||||505,841|94,715|600,556|
|TOTAL FUNDS||||505,841|94,715|600,556|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||23,388|(5,001)|76,328|94,715|
|TOTAL FUNDS||23,388|(5,001)|76,328|94,715|
##
##
##
|||Detailed Statement ofFinanc
for the Year Ended 30th|ial Activities
June 2022||
|---|---|---|---|---|
||||2022|2021|
|INCOME AND ENDOWMENTS|||||
|Investment
income|||||
|Investment
income - M&G common funds|||25,849|23,388|
|Interest received - managing||agents and bank|3||
||||25,852|23,388|
|Other income|||||
|Exchange rate|gain||130||
|Total incoming|resources||25,982|23,388|
|EXPENDITURE|||||
|Charitable
activities|||||
|Grants to institutions|||7,027|835|
|Support costs|||||
|Management|||||
|Sundries|||543|488|
|Honorarium|||3,000|3,000|
||||3,543|3,488|
|Finance|||||
|Bank charges|||96|78|
|Governance
costs|||||
|Accountancy|and legal fees||624|600|
|Total resources|expended||11,290|5,001|
|Net income|||14,692|18,387|