| Page | |||
|---|---|---|---|
| Reference and administration | details | ||
| Trustees' report |
2-4 | ||
| Statement ofFinancial Activities | |||
| Balance sheet | |||
| Notes to the accounts | 7-11 | ||
| Independent Examiner's |
Report | 12 |
| for the year ende | d 31Decem | ber 202 | 2 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Permanent | Permanent | ||||||||
| Endowment | Unrestricted | Total | Endowment | Unrestricted | Total | ||||
| Notes | Fund | Fund | 2022 | Fund | Fund | 2021 | |||
| Income from: | |||||||||
| Investments | 49,472 | 49,472 | 40,216 | 40,216 | |||||
| Total incotne | 49,472 | 49,472 | 40,216 | 40,216 | |||||
| Expenditure on: |
|||||||||
| Raising funds | 17,495 | 5,774 | 23/69 | 18,161 | 5,785 | 23,946 | |||
| Charitable activities |
31,704 | 31,704 | 40,211 | 40,211 | |||||
| Total expenditure | 17,495 | 37,478 | 54,973 | 18,161 | 45,996 | 64,157 | |||
| Net gains/(losses) | on investment | assets | (286,928) | (286,928 | 205,940 | 205,940 | |||
| Net income/(expenditure) | (304,423) | 11,994 | (292,429) | 187,779 | (5,780) | 181,999 | |||
| Transfers | |||||||||
| Transfers between | funds | ||||||||
| Net movement in funds |
(304,423) | 11,994 | (292,429) | 187,779 | (5,780) | 181,999 | |||
| Reconciliation ofFunds |
|||||||||
| Total Funds at 1 January 2022 | 2,212,288 | 168,161 | 2,380,449 | 2,024,509 | 173,941 | 2,198,450 | |||
| Total Funds at31December 2022 | 1,907,865 | 180,155 | 2,088,020 | 2,212,288 | 168,161 | 2,380,449 |
| 2 | Investment income |
2022 | 2021 | |||
|---|---|---|---|---|---|---|
| Interest received | ||||||
| Nat West | 8 | |||||
| Investec Wealth &Investment | Ltd | 223 | ||||
| Investec portfolio | 49,241 | 40,215 | ||||
| 49,472 | 40,216 | |||||
| 3 | Costs ofraising funds | 2022 | 2021 | |||
| Investment inanagement |
costs | 17,495 | 18,161 | |||
| Support and governance | costs | (see note 5) | 5,774 | 5,785 | ||
| 23,269 | 23,946 | |||||
| 4 | Expenditure on charitable |
activities | 2022 | 2021 | ||
| E | ||||||
| Grants payable (see nole | 6) | 14,382 | 22,857 | |||
| Support and governance | costs | (sec note 5) | 17,32Z | 17,354 | ||
| 31,704 | 40,211 |
| 5 | Analysis ofsupport | and governance | and governance | costs | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Support costs | ||||||
| Staffcosts (note 7) | 17,160 | 17,160 | ||||
| Travel and subsistence | 226 | |||||
| PO Box | 372 | 358 | ||||
| Storage rental | 1,100 | 1,100 | ||||
| Computer and website costs |
395 | |||||
| Bank charges | 331 | 302 | ||||
| Sundry expenses | 145 | 254 | ||||
| 19,334 | 19,569 | |||||
| Governance costs |
||||||
| Accountancy and independent |
examination | 3,762 | 3,570 | |||
| Meeting expenses | ||||||
| 3)762 | 3,570 | |||||
| Total | 23,096 | 23,139 | ||||
| 2022 | 2021 | |||||
| Allocated: | ||||||
| Costs ofraising funds (25'/0) | (note 3) | 5,774 | 5,785 | |||
| Charitable activities |
(75'/0 )(note 4) | 17,322 | 17,354 | |||
| 23,096 | 23,139 | |||||
| 6 | Grants payable | 2022 | 2021 | |||
| E | ||||||
| Paid to individuals | 14,382 | 6,927 | ||||
| Paid to institutions | ||||||
| -Alice's Escapes (charity no | 1146011) | 15,930 | ||||
| 14,382 | 22,857 | |||||
| 7 | Staff costs | 2022 | 2021 | |||
| Gross salaries | 17)160 | 17,160 | ||||
| Employer's national |
insurance | |||||
| 17,160 | 17,160 |
| 8 | Investments | Listed | ||
|---|---|---|---|---|
| investments | ||||
| Market value | ||||
| At 1 January 2022 | 2,280,061 | |||
| Additions at cost |
315,096 | |||
| Disposals at canying | value | (331,451) | ||
| Net gain on revaluation | (242,516) | |||
| At 31December 2022 | 2,021,190 | |||
| Historical cost at 31December 2022 | 1,793,495 | |||
| Listed investments | at fair value comprised: | 2022 | 2021 | |
| UK fixed interest | 218,817 | 278,262 | ||
| Overseas fixed interest | 131,604 | 101,806 | ||
| UK equities | 507,931 | 607,758 | ||
| International equities |
719,875 | 918,708 | ||
| Emerging economics |
70,074 | 23,593 | ||
| Property | 80,694 | 96,735 | ||
| Alternative assets |
292,195 | 253,199 | ||
| 2,021,190 | 2,280,061 | |||
| 9 | Debtors | 2022 | 2021 | |
| Prepayinenfs | 113 | 107 | ||
| 10 | Cash balances | 2022 | 2021 | |
| f. | ||||
| Nat West | 20,167 | 32,366 | ||
| 11 | Creditors: amounts | falling due within one year | 2022 | 2021 |
| PAYE &NI | 315 | 643 | ||
| Grants payable | 15,000 | |||
| Accruals | 4,430 | 3,000 | ||
| 4,745 | 18,643 |
| 12 | Movement | in Funds | B/fwd at | C/fwd at | |||||
|---|---|---|---|---|---|---|---|---|---|
| 1stJan | Gains & | 31stDec | |||||||
| 2022 | Income | Expenditure | (losses) | 2022 | |||||
| Permanent | Endowment | Fund | 2,212,288 | (17,495) | (286,928) | 1,907,865 | |||
| Unrestricted | Fund | 168,161 | 49,472 | (37,478) | 180,155 | ||||
| 2,380,449 | 49,472 | (54,973) | (286,928) | 2,088,020 | |||||
| Movemcnt | in Funds | B/fwd at | C/fwd at |
||||||
| 1st Jan | Gains & | 31stDec | |||||||
| 2021 | Income | Expenditure | (losses) | 2021 | |||||
| Permanent | Endowment | Fund | 2,024,509 | (18,161) | 205,940 | 2,212,288 | |||
| Unrestricted | Fund | 173,941 | 40,216 | (45,996) | 168,161 | ||||
| 2,198,450 | 40,2 l6 | (64,157 | 205,940 | 2,380,449 |
| Analysis ofNet Assets Between Funds | Endowment | Unrestricted | Total |
| Fund | Fund | 2022 | |
| Fixed assets investments | 2,072,485 | 2,072,485 | |
| Cash at bank | 20,167 | 20,167 | |
| Other current assets | (164,620) | 159,988 | (4,632) |
| At 31December 2022 | 1,907,865 | 180,155 | 2,088,020 |
| Permanent | |||
| Analysis ofNet Assets Between Funds | Endowment | Unrestricted | Total |
| Fund | Fund | 2021 | |
| Fixed assets investments | 2,372,444 | 2,372,444 | |
| Cash at bank | 26,541 | 26,541 | |
| Other. current assets | (160,156) | 141,620 | (18,536) |
| At 31 December 2021 | 2,212,288 | 168,161 | 2,380,449 |