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|---|---|---|---|
|Significant|information|||
|Trustees'|report||2-4|
|Statement|ofTrustees'|responsibilities||
|Independent
auditors'||report|6-8|
|Statement|of financial|activities||
|Balance sheet|||10|
|Cash flow statement||||
|Notes to|the accounts||12 —18|
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||||||General
Endowment|General
Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||Notes|funds
f|funds
f.|2022
f|2021
f|
|Inc
me
nd
ndo
m
ts
Investment
Income|||||88,223||88223|76794|
|Total income|||||88,223||88223|76794|
|~E*
dlt|||||||||
|Costs of raising funds
Investment
management
costs||||||28,113|28,113|29,632|
|Expenditure
on charitable
activities
Grants to individuals
& administration
Donations|||costs||178,967
6,000||178,967
6,000|117,780
5,985|
|Cost of grant making|||||184,967||184,967|123,765|
|Total expenditure|||||184,967|28,113|213,080|153,397|
|Net Income
/ (expenditure)
Investments|before||gains|/ (losses) on|(96,744)|(28,113)|(124,857)|(76,603)|
|Net gains/(losses)
on investment||assets||||(282,451)|(282,451)|391,613|
|Net movement
In funds|||||(96,744)|(310,564)|(407,308)|315,010|
|Transfer between
funds|||||120,000|(120,000)|||
|Fund balances at 1 January|2022||||7,997|4,280,601|4,288,598|3,973,588|
|Fund balances at 31 December||2022|||31,253|3,850,037|3,881,290|4,288,598|
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|8||5||
|Fixed assets||||||||
|investments|||||3,840,865||4,272,205|
|Current assets||||||||
|Debtors||||3,159||1,106||
|Cash at bank|and in|hand||48,355||26,216||
|||||51,514||27,322||
|Creditors: amounts||falling due within||||||
|one year|||10|(11,089)||(10,929)||
|Net current|assets||||40,425||16,393|
|Total assets|less current liabilities||||3,881,290||4,288,598|
|The funds ofthe charity||||||||
|Endowment|funds||||3,850,037||4,280,601|
|Income funds||||||||
|General funds|||||31,253||7,997|
||||||3,881,290||4,288,598|
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|||2022|2021||
|---|---|---|---|---|
||||F||
|Reconciliation
of net movement
in funds to|||||
|net cash flow from operating
activities|||||
|Net movement
in funds
Deduct investment
income
Deduct gains/add
losses on investments
(Increase)/decrease
in debtors
Increase/(decrease)
in creditors||(407,308)
(88,223)
282,451
(2,053)
160||315,010
(76,794)
(391,613)
2,812
992|
|Net cash used in operating
activities||(214,973)||(149,593)|
|Cash flows from investing
activities|||||
|Dividends
and interest|88,223||76,794||
|Proceeds from investment
sales, net of
purchases
and cash retained
in porffolio|148,889|237,112|28,640|105,434|
|Changes
in cash and cash equivalents
in the year||22,139||(44,159)|
|Cash and cash equivalents
brought
forward||26,216||70,375|
|Cash and cash equivalents
carried forward||48,355||26,216|
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|Expenditure||||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||6|f|
|Costs of raising funds
Investment
management||costs||28,113|29,632|
|Expenditure
on charitable
Beneficiary payments
Support costs (note 5)|||activities|139,470
39,497|80,100
37,680|
|Total||||178,967|117,780|
|Donations||||6,000|5,985|
|||||184,967|123,765|
|||||213,080|153,397|
|Donations||||||
|---|---|---|---|---|---|
|||||2022
6|2021f|
|Kids Yorkshire
8 The Humber||||750|665|
|Alcohol and drugs
Hull Women's
Aid|service|||750|665
665|
|Living Paintings
Hull YFC|||||665
665|
|Sight Support
Hull
CatZero|8 East Riding|||750
750|665
665|
|Artlink Centre for|Community|Arts||750||
|Hull 4 Heroes||||750||
|NGVFA National|Gulf Veterans||and Families Association|750||
|Teenage Cancer Trust
Open Doors Hardship||||750|665
665|
|||||6 000|5 985|
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|5|Support costs|Support costs||2022
f|2021f|
|---|---|---|---|---|---|
||Pensions
re
Management
Governance|former employees
and administration
costs|fees|8,153
27,517
3,827|7,991
26,000
3,689|
|||||39,497|37,680|
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|8|Fixed asset Investments|Fixed asset Investments||||||
|---|---|---|---|---|---|---|---|
||||Fixed|UK|Overseas|||
||||Interest|Equities|Equities|Cash|Total|
||||5|F|6|5||
||Market value at 1 January 2022||1,103,290|1,388,708|1,701,356|78,851|4,272,205|
||Disposal at opening
book value||(325,286)|(248,600)|(128,690)||(702,576)|
||Acquisition
at cost||478,024|32,698|3,666||514,388|
||Change
in value|in the year|(73,025)|(32,373)|(134,807)|(2,947)|(243,152)|
||Market value at|31 December 2022|1,183,003|1,140,433|1,441,625|75,904|3,840,865|
||The investment
assets are held:|||||||
||In the UK||1,000,267|1,140,433|146,738|75,904|2,363,342|
||Outside the UK||182,736||1,294,787||1,477,523|
||||1,183,003|1,140,433|1,441,525|75,904|3,840,865|
||Historical cost:|||||||
||At 31 December|2022|1 238,253|670,329|865,487|75,904|2,849,973|
||At 31 December|2021|1,081,287|730,444|891,079|78,851|2,781,661|
||Endowment
funds;||1,183,003|1,140,433|1,441,525|75,904|3,840,865|
||General funds|||||||
||||1,183,003|1,140,433|1,441,525|75,904|3,840,865|
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|9|Debtors||||||||2022f|2021
f|
|---|---|---|---|---|---|---|---|---|---|---|
||Other debtors||||||||2,798|745|
||Prepayments
and accrued|||income|||||361|361|
||||||||||3,159|1,106|
|10|Creditors: amounts||falling due||within|ons year|||2022f|2021
f|
||Accruals||||||||11,089|10,929|
|11|Analysis
of net assets between||||funds|||General funds|Endowment|Total|
||||||||||funds||
||||||||||f||
||Fund balances|at 31 December 2022 are represented|||||by;||||
||Investments||||||||3,840,865|3,840,865|
||Current assets|||||||35,428|16,086|51,514|
||Creditors: amounts||falling|due within one year||||(4,175)|(6,914)|(11,089)|
|||||||||31,253|3,850,037|3,881,290|
||Unrealised
losses included
above:||||||||||
||On investments||||||||(240,205)|(240,205)|
||||||||||(240,205)|(240,205)|
||Reconciliation|oflosses on investment||||assets:|||||
||On disposals|in the|year||||||(42,246)|(42,246)|
||On ths revaluation||of investmsnts||held|at ths year end|||(240,205)|(240,205)|
||Total losses for the||year||||||(282,451)|(282,451)|
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|12|Reconciliation
of net cash flow to movement|In net funds|2022
6|2021f|
|---|---|---|---|---|
||Increase/(decrease)
in cash
Net funds at 1 January 2022||22,139
26,216|(44,159)
70,375|
||Net funds at 31 December 2022||48,355|26,216|
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