| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | ||||||||
| Incoming resources | ||||||||
| Voluntary income: |
||||||||
| Investment income |
38,480 | 35,392 | ||||||
| Interest received | 81 | 123 | ||||||
| Donations | ||||||||
| BBF@Virgin | 5,479 | 8,282 | ||||||
| General | 7,876 | 7.795 | ||||||
| Other income | 12 | |||||||
| 51,928 | 51,592 | |||||||
| Resources expended | ||||||||
| Charitable activities: |
||||||||
| Grants | 23,042 | 17,735 | ||||||
| Loans written | off recovered | (300) | (25) | |||||
| Scholarships | &bursaries | 41,500 | 39,965 | |||||
| Professional fees |
6,090 | 13,560 | ||||||
| Accountancy | &administration | 5,330 | 11,664 | |||||
| ICO fees | 35 | 35 | ||||||
| Bank charges | 1 | 2 | ||||||
| (75,698) | (82,936) | |||||||
| Governance | (1,760) | (601) | ||||||
| Gains on investments | 101,730 | 412,688 | ||||||
| Net incoming/ | incoming | resources for the year | 76,200 | 380,743 | ||||
| Accumulated | funds brought | forward | 2,165,907 | 1,785,164 | ||||
| Accumulated | funds carried | forward | f. | 2,242,107 | E2,165,907 | |||
| Allocated to | ||||||||
| BBF@Virgin | - restricted | fund | 13,761 | 8.282 | ||||
| Unrestricted funds |
2,228,346 | 2,157,625 | ||||||
| K | 2,242,107 | f.2,165,907 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | ||||||||
| FIXED ASSETS | ||||||||
| Investments | 1,954,902 | 1,853,172 | ||||||
| CURRENT | ASSETS | |||||||
| Debtors | 68,616 | 39,728 | ||||||
| Cash at bank | 222,996 | 277,510 | ||||||
| 291,612 | 317,238 | |||||||
| CURRENT | LIABILITIES | |||||||
| Accruals | (4,407) | (4,503) | ||||||
| NET CURRENT ASSETS | 287,205 | 312,735 | ||||||
| NET ASSETS | 82,242,107 | 6 | 2,165,907 | |||||
| Represented | by: | |||||||
| Accumulated | Funds | |||||||
| BBF@Virgin —restricted | fund | 13,761 | 8,282 | |||||
| Unrestricted | funds | 2,228,346 | 2,157,625 | |||||
| 62,242,107 | K | 2,165,907 |
| 2022 | 2021 | ||
|---|---|---|---|
| 1. | INVESTMENTS | ||
| Market value at 6 April 2021 | 1,853,172 | 1,440,484 | |
| Unrealised market gain/ |
101,730 | 412,688 | |
| Market value at 5 April 2022 | K 1,954,902 | 6 1,853,172 | |
| Historical cost as at 5 April 2022 | E 1,128,430 | f. 1,128,430 | |
| All investments are listed UK securities. |
|||
| 2 | DEBTORS | ||
| Loans to beneficiaries | 64,171 | 32,234 | |
| Taxation recoverable | 4,352 | 2,731 | |
| Other debtors | 93 | 4,763 | |
| K68,616 | 639,728 |