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|||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|
##
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##
##
||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)|