2023-03-31-accounts

		Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
		funds	funds		funds	funds
		2023	2023		2022	2022	2022
	Notes	8				8	8
Income from:
Investments	3	701,798		701,798	700,675		700,675
~~tu e i7tti
Charitable activities-
grant giving programme
Carers		496,054		496,054	179,917		179,917
Rehabilitation		441,731		441,731	459,933		459,933
Relief ofPoverty		11,280		11,280	10,127		10,127
Total charitable expenditure		949,065		949,065	649,977		649,977
Net income/(expenditure)		(247,267)		(247,267)	50,698		50,698
Net gains/(losses)	on
investments	9		(1,401,101)	(1,401,101)		492,002	492,002
Net
(outgoing)/incoming
resources before		(247,267)	(1,401,101)	(1,648,368)	50,698	492,002	542,700
transfers
Gross transfers between
funds		34,000	(34,000)		100,000	(100,000)
Net movement in funds		(213,267)	(1,435,101)	(1,648,368)	150,698	392,002	542,700
Fund balances brought
forward		661,008	23,543,607	24,204,615	510,310	23,151,605	23,661,915
Fund balances carried
forward		447,740	22,108,506	22,556,246	661,008	23,543,607	24,204,615

			2023		2022
		Notes	8		t
Fixed assets
Tangible assets		11		3,198	3,527
Investments		12	21,981,708		23,385,736
			21,984,906		23,389,263
Current assets
Debtors		13	2,712		1,783
Investments		14	126,798		157,871
Cash at bank and in	hand		412,619		693,555
Funds with fund manager			187,928		115,970
			730,057		969,179
Creditors: amounts	falling due within	15
one year			(158,717)		(153,827)
Net current assets				571,340	815,352
Total assets less current liabilities			22,556,246		24,204,615
Capital funds
Expendable endowment			22,	108,506	23,543,607
Income funds
Unrestricted funds				447,740	661,008
			22,556,246		24,204,615

				2023		2022
			Notes	5		6
Cash flows from operating	activities
Cash absorbed by operations			20		(943,687)		(569,035)
Investing activities
Purchase oftangible fixed assets Proceeds on disposal ofinvestments				(1,088) 34,000		(2,857) 100,000
Interest and dividends received				701,798		700,675
Net cash generated from investing
activities					734,710		797,818
Net cash used In financing	activities
Net (decrease)/increase in cash and cash
equivalents					(208,977)		228,783
Cash and cash equivalents at	beginning	ofyear			809,525		580,742
Cash and cash equivalents	at end of	year			600,547		809,525

	2023	2022
		6
Camrs
Grants to institutions 18grantees (2022: 12)
Angus Carers Centre	30,000	15,000
Brent Carers Centre	19,925
Bridgend Carers	12,500	25,000
Bridges Project	19,596
Carers Trust Tyne and Wear	19,653
Cranfield Trust	28,750	12,500
Family Tree Wirral		(7,500)
Gloucestershire Young Carers	30,000	15,000
Harrow Carers		13,587
Hillingdon Carers	30,000	15,000
Kinship	45,000
Kinship Care Midlothian		12,750
MYTIME Young Carers	28,000	14,000
Newcastle Carers		(5,975)
Powys Carers Senrice	19,974
Promas Caring for People CIC		7,500
Sandwell Young Carers	29,980	14,990
Sefton Carers Centre	19,044
Signpost Stockport for Carers	19,285	9,500
Solihull Carers Centre	20,000
St Helens Carers Centre	20,000
Swansea Carers Centre	29,989	14,990
The Junction Foundation	18,050
	439,746	156,342

5	Grants payable				(Continued)	(Continued)
	Rehabilitation
	Grants to institutions		24 grantees (2022:20)
	3Pillars Project				15,000	15,000
	Al-Hurraya				14,760	14,761
	CatZero Ltd				15,000	15,000
	Circles SW				26,138	25,631
	Clean Sheet					10,000
	Code 4000					20,000
	Community Chaplaincy			Association		15,000
	Cranfield Trust				28,750
	Finding Rythms				10,000	20,000
	Inside Connections				15,000	15,000
	Junction 42 Foundation					13,833
	Konnect Communities		CIC		15,000
	Merseyside Expanding			Horizons	15,000
	On the Out				22,500	26,263
	Open Lens Media				13,917
	Paws for Progress CIC				12,500	12,500
	Prison Radio Association				24,374	28,691
	The Reasons Why Foundation					21,600
	Recoop				22,500	30,000
	Rochdale AFC				15,000
	Safe Welcome After	Prison			9,302	23,709
	ST.Columba House				14,175
	Sussex Pathways				15,000
	Switchback				15,000	15,000
	Switch Up				14,057	14,058
	Tempus Novo				15,000	30,000
	Trail-Blazers Mentoring				15,000
	Turnaround Project (iwo			grants)	13,620	33,621
	WAITS				14,997
					391,590	399,667
	Relief ofpoverty
	Grants to individuals	8	grantees (2022:8)		10,000	10,000
					841,336	566,009

Support cos	ts
				Support costs	Governance	2023	2022
					costs
					6	6	5
Staff costs				77,586		77,588	62,046
Depreciation				1,417		1,417	1,353
Rent, insurance and service			charges	8,752		6,752	5,852
Printing, postage,		telephone	and stationery	739		739	51
Stafftraining	and	recruitment		159		159	357
Computer supplies, website			and support	1,114		1,114	1,248
Grant monitoring		and staff travel expenses
				5,684		5,684	457
Other general	support costs			4,292		4,292	2,089
Consultancy	fees			2,829		2,829
Audit fees					4,200	4,200	4,200
Legal and professional							5,180
Trustee travel	and	meetings			2,977	2,977	2,355
				100,552	7,177	107,729	85,168

The averag	e monthly	number	ofemployees during the year was: 2
				2023	2022
				Number	Number
Grant administration		and support
Employment costs				2023	2022
				5	8
Wages and	salaries	including	salary sacdifice benefits	72,593	58,700
Social security costs				3,021	1,659
Employer's	pension	costs		1.952	1,687
				77,566	62,048

		Endowment	Endowment
		funds	funds
		general	general
		2023	2022
			8
Revaluation	ofinvestments	(1,401,101)	492,002

11	Tangible fixed assets
			Office fittinss end equipment
			6
	Cost
	At 1 April 2022		15,152
	Additions		1,088
	Disposals		(9,156)
	At 31 March 2023		7,084
	Depreciation and impairment
	At 1 April 2022		11,625
	Depreciation charged	in the year	1,417
	Eliminated in respect ofdisposals		(9,156)
	At 31 March 2023		3,886
	Carrying amount
	At 31 March 2023		3,198
	At 31 March 2022		3,527
12	Fixed asset investments
			Listed
			investments
	Valuation
	At 31 March 2022		23,385,736
	Valuation changes		(1,404,028)
	At 31 March 2023		21,981,708
	Carrying amount
	At 31 March 2023		21,981,708
	At 31 March 2022		23,385,736

nvest	ents					(Continued)
As at 31st March 2022 and 2023 the portfolio was invested Sarasin Endowments Fund Class A Income Units - Charity			by Sarasin Authorised	and Partners Investment		LLP in Fund
(CAIF).						100%
The asset allocation 2023:	within the collective investment	fund on a look though			basis was as follows at 31st March
Fixed Income						14.90%
UK Equities						18.90%
Global Equities						4730%
Property						4.40%
Alternative Assets						12.40%
Liquid Assets						2.20%
						100%

Credit	ors: amounts falling due within one year
		2023	2022
		E	E
Trade	creditors	1,777
Grants	payable	152,740	147,594
Other	acciuals	4,200	6,233
		158,717	153,827

16	Analysis ofnet assets	Analysis ofnet assets	between funds
			Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
			funds	funds		funds	funds
			2023	2023	2023	2022	2022	2022
				E	E	F	E
	Fund balances are
	represented	by:
	Tangible assets		3,198		3,198	3,527		3,527
	Investments			21,981,708	21,981,708		23,385,736	23,385,738
	Current assets/(liabilities)		444,542	126,798	571,340	657,481	157,871	815,352
			447,740	22,108,506	22,556,248	661,008	23,543,607	24,204,615

	office lease, which fall due as		follo	ws:
											2023	2022
											8	8
	Within one year										800
18	Related party transactions
	Remuneration of key management				personnel
	The remuneration of key management				personnel		is as	follows.
											2023	2022
											8	8
	Aggregate compensation										74,687	55,833
	Aggregate compensation includes			gross		salary	and	all employee	benefits	including	employer's	national
	insurance liabilities.
	Details of trustee expenses	are disclosed				in note 7.		There were	no other	transactions involving		related
	parties.
19	Analysis ofchanges in net funds
	The charity had no debt during		the	year.
20	Cash generated from operations										2023	2022
											8
	(Deficit)/surplus for the year									(1,648,368)		542,700
	Adjustments for:
	Investment income recognised		in statement			offinancial		activities		(701,798)		(700,675)
	Fair value gains and losses on		investments							1,401,101		(492,002)
	Depreciation and impairment	oftangible fixed assets									1,417	1,353
	Movements in working capital:
	(Increase) in debtors										(929)	(38)
	Increase in creditors										4,890	79,627
	Cash absorbed by operations									(943687)		(569035)