| CONTENTS | PAGE | |
|---|---|---|
| Report ofthe Trustees | ||
| Statement of Financial |
Activities | |
| Balance Sheet | ||
| Notes to the Accounts | ||
| Report ofthe Auditors |
| KYTES EXECUTIVE COMMITTEE REPORT OF THE TRUSTEES YEAR ENDED 31STMARCH 2023 |
KYTES EXECUTIVE COMMITTEE REPORT OF THE TRUSTEES YEAR ENDED 31STMARCH 2023 |
KYTES EXECUTIVE COMMITTEE REPORT OF THE TRUSTEES YEAR ENDED 31STMARCH 2023 |
KYTES EXECUTIVE COMMITTEE REPORT OF THE TRUSTEES YEAR ENDED 31STMARCH 2023 |
|
|---|---|---|---|---|
| REFERENCE AND ADMINISTRATIVE INFORMATION |
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| Registered | Charity Number | 223067 | ||
| Registered | Name | Kytes | ||
| Office Address | P.O.Box 12369 | |||
| Bishops Stortford | ||||
| CM23 9JZ | ||||
| Trustees | The Order of | St.John ofJerusalem | ||
| Mr. B.Wingate BSc(Hons) | (Chairman) | |||
| Dr.D.Taverner | ||||
| Co-opted | ||||
| Mr. M. Fox | (Vice-Chairman) | |||
| Mr. T. O'Brien | BCOM FCA | |||
| Mrs. T.Smith | ||||
| Mrs. N. Stout | ||||
| Mrs. J.Cox | ||||
| Secretary | / Treasurer | Mr. D.Ogilvie | ||
| Solicitors | Womble Bond | Dickinson | ||
| StAnn's Wharf, 112Quayside | ||||
| Newcastle Upon Tyne |
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| NEl 3DX | ||||
| Auditors | FKCA Limited | |||
| 260 - 270Butterfield | ||||
| Great Marlings | ||||
| Luton, Beds. |
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| LU2 8DL | ||||
| Bankers | Barclays Bank | Pic | ||
| 32,Clarendon | Road | |||
| Watford, Herts. | ||||
| WD1 IBZ | ||||
| Investment | Cazenove Capital | |||
| Managers | 12Moorgate | |||
| London | ||||
| EC2R 6DA |
| Note | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| UNRESTRICTED | FUNDS | |||||
| Income from: | ||||||
| Investments | 74,829 | 67,817 | ||||
| Expenditure on: |
||||||
| Charitable activities |
(104,632) | (71,959) | ||||
| Net gains / (losses) |
on investments | |||||
| Realised gains on investments | ||||||
| Unrealised gains / (losses) on investments |
(150,978) | 65,941 | ||||
| (150,978) | 65,941 | |||||
| Net movement in funds |
(180,781) | 61,799 | ||||
| Reconciliation offunds: | ||||||
| Total funds brought | forward | 1st April 2022 | 1,889,955 | 1,828,156 | ||
| Total funds carried forward | ||||||
| 31stMarch 2023 | 1,709,174 | 1,889,955 |
| Note | 2023f | 2022f | ||
|---|---|---|---|---|
| FIXEDASSETS | ||||
| Investments | 3 | 1,699,969 | 1,864,627 | |
| CURRENT ASSETS | ||||
| Investments | 4 | 1,255 | 24,193 | |
| Cash at bank and in | hand | 11,202 | 4,231 | |
| 12,457 | 28,424 | |||
| Creditors: amounts | falling due within | |||
| one year | 5 | 3,252 | 3,096 | |
| NET CURRENT ASSETS | 9,205 | 25,328 | ||
| TOTAL ASSETSLESSCURRENT | ||||
| LIABILITIES | 1,709,174 | 1,889,955 | ||
| FUNDS | 6 | 1,709,174 | 1,889,955 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| 2. | EXPENDITURE | |||||
| Charitable activities |
||||||
| Grants payable | 24,975 | 8,295 | ||||
| Grants reimbursed | ||||||
| Special donations | 68,483 | 52,638 | ||||
| Secretary / treasurer |
honorarium | 3,000 | 3,000 | |||
| Governance costs: audit | fees | 3,252 | 3,096 | |||
| Printing, postage and | stationery | 496 | 488 | |||
| Bank charges | 104 | 92 | ||||
| Investment management |
fees | 4,322 | 4,350 | |||
| 104,632 | 71,959 | |||||
| 3. | FIXEDASSETINVESTMENTS | |||||
| At 1st April 2022 | 1,864,627 | 1,735,235 | ||||
| Income reinvested | 74,767 | 67,801 | ||||
| Liquid funds transfer | (84,125) | |||||
| Realised gains on disposals | ||||||
| Unrealised net gains |
/ (losses) | on revaluation | (150,978) | 65,941 | ||
| Management fees |
(4,322) | (4,350) | ||||
| At 31stMarch 2023 | 1,699,969 | 1,864,627 | ||||
| Investments at 31stMarch 2023 comprise: |
||||||
| Listed investments | 1,699,955 | 1,864,627 | ||||
| Cash held within investment |
portfolio | 14 | ||||
| 1,699,969 | 1,864,627 | |||||
| Historical cost at 31stMarch 2023 | 1,734,346 | 1,748,299 | ||||
| 4. | CURRENT ASSET | INVESTMENTS | ||||
| Cash or cash equivalents | 1,255 | 24,193 | ||||
| 5. | CREDITORS | |||||
| Amounts falling due within one year |
||||||
| Accruals | 3,252 | 3,096 |
| Unrestricted | |||
|---|---|---|---|
| 6. | FUNDS | funds | |
| At 1stApril 2022 | 1,889,955 | ||
| Net movement | in funds | (180,781) | |
| At 31stMarch | 2023 | 1,709,174 |
| 2023 | 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 8. | FINANCIAL INSTRUMENTS | ||||||||
| The carrying amounts |
of | the | charity's | financial | |||||
| instruments are as follows: |
|||||||||
| Financial assets: | |||||||||
| Measured at fair value through |
net income | / expenditure: | |||||||
| Fixed asset listed investments | (note 3) | 1,699,969 | 1,864,627 | ||||||
| The net gains attributable |
to the |
charity's | financial | ||||||
| instruments are summarised |
as | follows: | |||||||
| Net (losses) / gains (including | changes | in | fair value) | (150,978) | 65,941 |