| 2023 | 2022 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Notes | |||||||||||
| Incoming resources | |||||||||||
| Voluntary income: |
|||||||||||
| Investment income |
40,928 | 38,480 | |||||||||
| Interest received | 187 | 81 | |||||||||
| Donations | |||||||||||
| BBF@Virgin | 1,020 | 5,479 | |||||||||
| General | 5,411 | 7.876 | |||||||||
| Other income | 12 | ||||||||||
| 47,557 | 51,928 | ||||||||||
| Resources expended | |||||||||||
| Charitable activities: |
|||||||||||
| Grants | 13,018 | 23,042 | |||||||||
| Loans written | off recovered | (300) | |||||||||
| Scholarships | &bursaries | 42,074 | 41,500 | ||||||||
| Professional | fees | 3,871 | 6,090 | ||||||||
| Accountancy | &administration | 4,365 | 5,330 | ||||||||
| ICO fees | 35 | 35 | |||||||||
| Bank charges | (63,363) | 1 | (75,698) | ||||||||
| Governance | (1,491) | (1,760) | |||||||||
| (Deficit)/Gain | on investments | (92,575) | 101,730 | ||||||||
| Net (outgoing)/incoming/resources | for the year | (109,872) | 76,200 | ||||||||
| Accumulated | funds brought | forward | 2,242, 107 | 2,165,907 | |||||||
| Accumulated | funds carried forward | f. | 2, | 132,235 | K | 2,242,107 | |||||
| Allocated to | |||||||||||
| BBF@Virgin - restricted Unrestricted funds |
fund | 14,781 2,117,454 |
13.761 2,228,346 |
||||||||
| K | 2,132,235 | K2,242,107 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | |||||||
| FIXEDASSETS | |||||||
| Investments | 1,862,327 | 1,954,902 | |||||
| CURRENT | ASSETS | ||||||
| Debtors | 78,238 | 68,616 | |||||
| Cash at bank | 198,190 | 222,996 | |||||
| 276,428 | 291,612 | ||||||
| CURRENT | LIABILITIES | ||||||
| Accruals | (6,520) | (4,407) | |||||
| NET CURRENT ASSETS | 269,908 | 287,205 | |||||
| NET ASSETS | X2,132,235 | X | 2,242,107 | ||||
| Represented | by: | ||||||
| Accumulated | Funds | ||||||
| BBF@Virgin —restricted | fund | 14,78] | 13,761 | ||||
| Unrestricted | funds | 2,117,454 | 2,228,346 | ||||
| X2,132,235 | K | 2,242,107 |
| 2023 | 2022 | ||
|---|---|---|---|
| 1. | INVESTMENTS | ||
| Market value at 6 April 2022 | 1,954,902 | 1,853,172 | |
| Unrealised market (deficit)/gain/ |
(92,575) | 101,730 | |
| Market value at 5 April 2023 | K 1,862,327 | f. 1,954,902 | |
| Historical cost as at 5 April 2023 | X 1,128,430 | K 1,128,430 | |
| All investments are listed UK securities. |
|||
| 2 | DEBTORS | ||
| Loans to beneficiaries | 72,934 | 64,171 | |
| Taxation recoverable | 5,304 | 4,352 | |
| Other debtors | 93 | ||
| f.78,238 | f.68,616 |