2022-04-05-accounts - Newby Trust Limited

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TES (continued)
Yoga for Life	E5,000
ACE Cardiff	85,000
The Talent Tap	810,000
Tutorfair Foundation	87,000

ategory the directors approved grants	ategory the directors approved grants	ofF45,000to:
Age Exchange		85,000
Freedom	from Torture	F5,000
Project Food		F5,000
Approach	Dementia Support	210,000
Dementia	Adventure	E5,000
Improving	Lives Notts	85,000
Parenting	Mental Health	210,000

n to paragraphs 3.2.and 3.3., t	he directors	approved
Feeding Families		825,000
Manchester Cares		L7,000
Team Oasis		610,000
Hope in the Valley RDA		81,000
Leeds Asylum Seekers Support	Network	f5,000
Lifeshare		L'5,000
Wintercomfort		85,000
Back on Track		820,000
Sport4Life		810,000

00was spent on the	00was spent on the	special category	and grants were
Dandelion Time			f10,000
Empire Fighting	Chance		220,000
Family Counselling		Trust	610,000
Sport in Mind			E10,000
The Abingdon	Bridge		E10,000
Teens in Crisis CASY			E10,000 f7,500
Ride High			210,000
The Music Works			610,000
Tor Support			25,000

			FOR THE YE	AR ENDED 5APRI	L 2022
				Unrestricted	Endowment	Total	Total
				Fund	Fund	2022	2021
			Notes	6	E	E
TOTAL INCOME
Investment income				516,801		516,801	422,956
				516,801		516,801	422,956
EXPENDITURE
Cost of raising funds:
Investment management	costs		9	867	110,966	111,833	100,647
Charitable activities:			10
Education				127,896		127,896	124,921
Health				161,519		161,519	105,910
Welfare				151,170		151,170	240,687
Miscellaneous				49,248		49,248	10,855
Cost ofgrant making				489,833		489,833	482,373
TOTAL EXPENDITURE				490,700	110,966	601,666	583,020
Net income / (expenditure) for the year before gains and losses on
investments				26,101	(110,966)	(84,865)	(160,064)
Nel gains on investment assets			15		920,518	920,518	5,676,417
Net income
before transfers				26,101	809,552	835,653	5,516,353
Transfers			13	263,082	(263,082)
Net income for the year/
Net movement in funds				289,183	546,470	835,653	5,516,353
Reconciliation offunds
Total funds brought forward				365,941	25,129,269 25,495,210		19,978,857
TOTAL FUNDS CARRIED		FORWARD		655,124	25,675,739 26,330,863		25,495,210

		Unrestricted	Endowment	Total	Total
	Notes	Fund f	Fund 6	2022 E	2021 F.
FIXEDASSETS
Tangible fixed assets	14	533		533	1,066
Listed investments	15	318,668	25,702,721	26,021,389	25,190,283
		319,201	25,702,721	26,021,922	25,191,349
CURRENT ASSETS
Debtors	16	131,217		131,217	95,823
Cash at bank and in hand		344,306		344,306	422,415
TOTAL CURRENT ASSETS		475,523		475,523	518,238
LIABILITIES
Creditors falling due within
one year	17	(139,600)	(26,982)	(166,582)	(201,377)
NET CURRENT ASSETS		335,923	(26,982)	308,941	316,861
TOTAL ASSETSLESS
CURRENT LIABILITIES		655,124	25,675,739	26,330,863	25,508,210
Creditors falling due after
more than one year	17				(13,000)
NET ASSETS		655,124	25,675,739	26,330,863	25,495,210
THE FUNDS OF THE CHARITY
Endowment fund
Expendable endowment			18,990,951	18,990,951	16,790,287
Revaluation reserve			6,684,788	6,684,788	8,338,982
Unrestdicted income fund		655,124	-	655,124	365,941
		655,124	25,675,739	26,330,863	25,495,210

		2022	2021
			6
CASH FLOWS FROM OPERATING ACTIVITIES
Net movement in funds		835,653	5,516,353
Adjustments for:
Depreciation		533	533
(Gains)/losses on investments		(920,518)	(5,676,417)
Dividends and interest from investments		(516,801)	(422,956)
(Increase)/decrease in debtors		(11,896)	5,843
(Increase)/decrease in accrued income		(23,498)	(34,677)
(Decrease)/increase in creditors		(47,795)	(24,036)
Net cash used in operating activities		(684,322)	(635,357)
CASH FLOWS FROM INVESTING ACTIVITIES
Dividends and interest from investments		516,801	422,956
Purchase ofoffice equipment			(1,599)
Purchase of investments Sale proceeds ofinvestments		(5,454,501) 5,882,813	(2,733,542) 2,757,614
(Increase)/decrease in cash held	for investment	(338,900)	46,980
Net cash provided by investing	activities	606,213	492,409
CHANGE IN CASH AND CASH	EQUIVALENTS	(78,109)	(142,948)
CASH AT START OF YEAR		422,415	565,363
CASH AT END OFYEAR		344,306	422,415

UNRESTRICTED INVES	TMENT INCOIIIIE
		2022	2021
		6	6
Gross income receivable	from listed investments	516,291	422,774
Gross income receivable	from cash held as part ofthe
investment porffolio		387
Gross interest receivable	from monies on bank deposit	123	182
		516,801	422,956

in the table	below.
2022			Cost of
Cost type			raising	Charitable	2022
			funds	activities	Total
			F	E
Salary (one	employee	only)	427	20,945	21,372
Depreciation	office equipment		11	522	533
General expenses			47	2,318	2,365
Governance	costs (note 12)		382	18,698	19,080
Total			867	42,483	43,350
2021			Cost of
Cost type			raising	Charitable	2021
			funds f	activities L'	Total 8
Salary (one	employee	only)	425	20,847	21,272
Depreciation	office equipment		11	522	533
General expenses			37	1,794	1,831
Governance	costs (note 12)		400	19,610	20,010
Total			873	42,773	43,646

grants awarded as shown in the table b	elow.
Total costs	2022	2021
	F	8
Education	11,046	11,121
Health	14,019	9,410
Welfare	13,170	21,387
Miscellaneous	4,248	855
Total allocated	42,483	42,773

2022			Unrestricted	Endowment	2022
			Fund	Fund	Total
			E	5	6
Investment	management	fees		110,966	110,966
Governance	and support	costs (note 8)	867		867
Total			867	110,966	111,833
2021			Unrestricted	Endowment	2021
			Fund	Fund	Total
			E	6	6
Investment	management	fees		99,774	99,774
Governance	and support	costs (note 8)	873	-	873
Total			873	99,774	100,647

		General		Total	Governance
		fund		grant	and
2022	General	special	Covid-19	funded	support	2022
	fund 2	category K	fund K	activity 8	costs 8	Total 8
Education	116,850			116,850	11,046	127,896
Health	45,000	102,500		147,500	14,019	161,519
Welfare	138,000			138,000	13,170	151,170
Miscellaneous	45,000			45,000	4,248	49,248
Total	344,850	102,500		447,350	42,483	489,833

		General		Total	Governance
		fund		grant	and
2021	General	special	Covid-19	funded	support	2021
	fund 8	category 2	fund	activity 2	costs	Total 8
Education	95,800		18,000	113,800	11,121	124,921
Health	90,500		6,000	96,500	9,410	105,910
Welfare	125,800	25,500	68,000	219,300	21,387	240,687
Miscellaneous	10,000			10,000	855	10,855
Total	322,100	25,500	92,000	439,600	42,773	482,373

EDUCATION
12grants to institutions	ofover L'1,000each	116,850
HEALTH
17grants to institutions	ofover F1,000each	147,500

WELFARE
10grants to institutions	ofE1,000 and over	138,000
MISCELLANEOUS
3grant to an institution	ofover F1,000	45,000
Total grant awards		447,350

12.	ANALYSIS	OF GOVERNANCE	OF GOVERNANCE	OF GOVERNANCE	COSTS		2022		2021
									E
	Auditor's remuneration:			audit			2,880		2,880
	Professional	fees: accountancy					16,200		17,130
							19,080		20,010
13.	TRANSFERS
						Unrestricted
					Unrestricted	Fund	Unrestricted
					Fund	Designated	Fund	Endowment		Total
					General 6	2022/2023 K	Total 6	Fund 6		2022f
	2022
	Transfer for	20%allocation		of
	investment manager		fees
	charged in full to the		expendable
	endowment	fund			(22,193)		(22,193)	22,193
	Transfer for	grant funding			285,275		285,275	(285,275)
	Transfers to
	Small grants	fund			(75,000)	75,000
	Career development Ukraine fund		fund		(24,000) (10,000)	24,000 10,000
	Covid-19 special fund
					154,082	109,000	263,082	(263,082)
					Unrestricted	Unrestricted	Unrestricted
					Fund	Fund	Fund	Endowment		Total
					General	Covid-19	Total	Fund		2021
					6		6	6		6
	2021
	Transfer for	20% allocation		of
	investment manager		fees
	charged in full to the		expendable
	endowment	fund			(19,955)		(19,955)	19,955
	Transfers to	Covid-1 9special
	fund				(52,000)	92,000	40,000	(40,000)
					(71,955)	92,000	20,045	(20,045)

TANGIBLE FIXED	ASSETS	Office
		Equipment 6	Total K
Cost
At 6 April 2021		1,599	1,599
At 5 April 2022		1,599	1,599
Depreciation
At 6 April 2021		533	533
Charge for the year		533	533
At 5 April 2022		1,066	1,066
Net book value
At 5 April 2022		533	533
At 5 April 2021		1,066	1,066
LISTED INVESTMENTS
Total investments	at 5 April 2021		25,190,283
Less: Cash balance			(769,626)
Market value at 5	April 2021		24,420,657
Less: Unrealised	appreciation		(8,338,982)
Cost at 5 Apdil 2021			16,081,675
Add: Purchases	at cost		5,454,501
Less: Disposals at cost			(3,308,101)
Cost at 5 April 2022			18,228,075
Add: Unrealised	appreciation		6,684,788
Market value at 5 April 2022			24,912,863
Add: Cash balance			1,108,526
Total investments	at 5 April 2022		26,021,389

gains on investmen	t asse	ts of	Endowment Fund
				2022	2021
				6	8
Realised gain/(loss)	for the	year		403,767	348,748
Increase/(decrease)	in unrealised		gain at the year end	516,751	5,327,669
Net gain/(loss) for the year				920,518	5,676,417
Brought forward losses/(profits)			crystallised
in the year				(2,574,712)	(390,954)
Net movement in unrealised		gain		(1,654,194)	5,285,463
Unrealised gains at	6 Apdil	2021		8,338,982	3,053,519
Unrealised gains at	5 Apdil	2022		6,684,788	8,338,982

		Unrestricted	Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
			Fund f	Fund 6	2022	Fund 6	Fund 6	2021 6
16.	DEBTORS
	Other debtors Prepayments	and accrued income	19,918 111,299		19,918 111,299	8,043 87,780		8,043 87,780
			131,217		131,217	95,823		95,823

CREDITORS: Amounts	falling due wi	thin one ye	ar
Grants payable:
Education	15,000		15,000	34,000		34,000
Health	106,000		106,000	108,000		108,000
Welfare				11,630		11,630
	121,000		121,000	153,630		153,630
Other creditors and accruals	18,600	26,982	45,582	21,673	26,074	47,747
	139,600	26,982	166,582	175,303	26,074	201,377
CREDITORS: Amounts	falling due after more
than one year
Grants payable:
Education				13,000		13,000
Health
Welfare
				13,000		13,000

MOVEMENT IN RECOGNISED GRANT COIIIIMITMENTS	MOVEMENT IN RECOGNISED GRANT COIIIIMITMENTS	2022	2021
		E	E
Charitable	commitments accrued
Charitable	commitments recognised at the start ofthe year	166,630	200,630
New grant	commitments charged to the SOFA in year (note 10)	447,350	439,600
Grants paid during the year		(492,960)	(473,600)
Amount of	grant commitments recognised at 5 April 2022	121,000	166,630

Analysis of	fund	Fund at					Fund at
movements		5 April				Gains and	5April
		2021	Income	Expenditure	Transfers 8	(losses)	2022
Unrestricted	fund
General		365,941	516,801	(490,700)	154,082		548,124
Small grants	2022/2023				75,000		75,000
Career development					24,000		24,000
Ukraine					10,000		10,000
Ccvid-19
Total		385,941	518,801	(490,700)	253,082		555,124
Expendable	endowment	25,129,269		(110,956)	(263,082)	920,518	25,675,739
Total charitable funds		25,495,210	518,801	(801,855)		920,518	28,330,863

Analysis of	fund	fund	Fund at					Fund at
movements			5Apdl				Gains and	5 April
			2020 6	Income 6	Expenditure	Transfers	(losses) E	2021
Unrestricted	fund
General			406,186	422,956	(391,246)	(71,955)		365,941
Covid-19					(92,000)	92,000
Total			406,186	422,956	(483,246)	20,045		365,941
Expendable	endowment		19,572,671		(99,774)	(20,045)	5,676,417	25, 129,269
Total charitable		funds	19,978,857	422,956	(583,020)	-	5,676,417	25,495,210

			Unrestricted	Endowment	Total
			Fund	Fund	2021
		Notes	6	6	6
TOTAL INCOME
Investment income			422,956		422,956
			422,956		422,956
EXPENDITURE
Cost ofraising funds:
Investment management	costs	9	873	99,774	100,647
Charitable activities:		10
Education			124,921		124,921
Health			105,910		105,910
Welfare			240,687		240,687
Miscellaneous			10,855		10,855
Cost ofgrant making			482,373		482,373
TOTAL EXPENDITURE			483,246	99,774	583,020
Net expenditure for the year before gains and losses investments		on	(60,290)	(99,774)	(160,064)
Net gains/ (losses) on investment assets		15		5,676,417	5,676,417
Net (expenditure) Iincome before transfers			(60,290)	5,576,643	5,516,353
Transfers		13	20,045	(20,045)
Net expenditure for the Net movement in funds	year/		(40,245)	5,556,598	5,516,353
Reconciliation offunds
Total funds brought forward			406,186	19,572,671	19,978,857
TOTAL FUNDS CARRIED FORWARD			365,941	25,129,269	25,495,210

24. COMPARATIVE BALANC	E SHEET
		Unrestricted	Endowment	Total
		Fund	Fund	2021
	Notes	E	E
FIXEDASSETS
Tangible fixed assets	14	1,066		1,066
Listed investments	15	34,940	25,155,343	25,190,283
		36,006	25,155,343	25,191,349
CURRENT ASSETS
Debtors	16	95,823		95,823
Cash at bank and in hand		422,415		422,415
TOTAL CURRENT ASSETS		518,238		518,238
LIABILITIES
Creditors falling due within
one year	17	(175,303)	(26,074)	(201,377)
NET CURRENT ASSETS		342,935	(26,074)	316,861
TOTAL ASSETSLESS
CURRENT LIABILITIES		378,941	25,129,269	25,508,210
Creditors falling due aRer
more than one year	17	(13,000)		(13,000)
NET ASSETS		365,941	25,129,269	25,495,210
THE FUNDS OF THE CHARITY
Endowment fund
Expendable endowment			16,790,287	16,790,287
Revaluation reserve			8,338,982	8,338,982
Unrestricted income fund		365,941	-	365,941
		365,941	25,129,269	25,495,210

DUCATION	DUCATION	DUCATION
15grants to institutions			ofover 61,000each
Edward Barnsley	Education			*15,000
Lancashire Youth	Challenge			10,000
ReachOut Youth				10,000
Into Uni				10,000
Chain Reaction Theatre			Co	5,000
Change ofScene				6,800
Economist Educational			Foundation	8,000
Youth Adventure	Trust			6,000
The Access Project				10,000
Yoga for Life				10,000
Give a Book				5,000
*payable over 3years					95,800
Covid-1 9Special	Fund
Copenhagen Youth		Project		5,000
Prospex				5,000
Yes Futures				5,000
Quest for Learning				3,000
					18,000
					113,800
HEALTH
13grants to institutions			ofover 61,000each
Freedom from Torture				5,000
Growing Well				6,500
Healthbus Trust				5,000
Ovarian Cancer Action				24,000
Action for Elders				5,000
Blue Smile				10,000
Mothers for Mothers				5,000
RAW Workshop				5,000
Ride High				10,000
Visyon				10,000
Youth Counselling		Project		5,000
					90,500
Covid-19 Special Fund
Healthbus Trust				3,000
Dorset Mind				3,000
					6,000
					96,500

WELFARE
31 grants to institutions	of	61,000 and over
Back on Track Manchester			15,000
The Bike Project			10,000
Home-Start NW Hants			5,000
Hope in the Valley RDA			1,000
Mentoring Plus			10,000
Period Power			5,000
Sharewear Clothing Scheme			10,000
Chance to Shine			10,000
Kids Run Free			10,000
R LGlasspool Chaditable		Trust	50,000

Covid-19 Special Fund
Feeding Families	5,000
League ofthe Helping Hand	5,000
Wintercomfort for the Homeless	5,000
Providence Row	5,000
Age UK, N.S.&W. Dorset	2,000
St. John's Centre, Old Trafford	3,000
Dovecot and Princess Drive
Community Association	2,000
Pembroke House—
Pembroke College Settlement	5,000
Twyn Community Hub	3,000
Rural Coffee Caravan	2,000
Woman's Trust	3,000
GL11 Community Project	5,000
Amazing Graze	3,000
Bus Shelter Milton Keynes	5,000
Don't Lose Hope	5,000
Help Bdistol's Homeless	5,000
Youth and Families Matter	5,000

Youth and Famil	ies Matter	5,000
			68,000
Annual Special	Category
Fine Cell Work		3,000
InfoBuzz		7,500
LifeCycle UK		5,000
The Switchback	Initiative	10,000