RYCROFT CHILDRENS FUND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022
| FOR THE YEA | RENDE | D 31STMARCH | 2022 | ||||
|---|---|---|---|---|---|---|---|
| Notes | 2022 | 2021 | |||||
| Unrestricted | Capital | Total | |||||
| Funds | Fund | ||||||
| INCOMING RESOURCES | |||||||
| Donations received |
|||||||
| Interest received | 809 | 809 | 793 | ||||
| Investment income |
33,730 | 33,730 | 32,905 | ||||
| Gains/(losses) on realisation ofinvestments |
2 | (60,957) | (60,957) | 48,339 | |||
| Other income | 1,500 | 1,500 | |||||
| 36,039 | (60,957) | (24,918) | 82,037 | ||||
| RESOURCES EXPENDED | |||||||
| Direct charitable expenditure: |
|||||||
| Donations | 29,744 | 29,744 | 35,701 | ||||
| Other expenditure: | |||||||
| Administration charges |
4,517 | 4,517 | 4,421 | ||||
| Investment managers |
charges | 11,377 | 11,377 | 9,521 | |||
| Accountancy | 780 | - | 780 | 780 | |||
| 5,297 | 11,377 | 16,674 | 14,722 | ||||
| TOTAL RESOURCES | EXPENDED | 35,041 | 11,377 | 46,418 | 50,423 | ||
| Net incoming/(outgoing) | resources for the year | 998 | (72,334) | (71,336) | 31,614 | ||
| Other recognised gains |
and losses: | ||||||
| (Decrease)/Increase | in | market value | |||||
| ofinvestments | 164,192 | 164,192 | 241,996 | ||||
| 998 | 91,858 | 92,856 | 273,610 | ||||
| Fund balance brought | forward | (5,091) | 1,490,720 | 1,485,629 | 1,212,019 | ||
| Fund balance carried | forward | (4,093) | 1,582,578 | 1,578,485 | 1,485,629 |
| Notes | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| FIXEDASSETS | ||||||
| Market | Market | |||||
| Value | Value | |||||
| Investments | ||||||
| Units | 1,509,989 | 1,389,510 | ||||
| CCLA investments | 29,489 | 27,146 | ||||
| Cash held by agent - capital | 33,498 | 69,461 | ||||
| 1,572,976 | 1,486,117 | |||||
| CURENT ASSETS | ||||||
| Cash at bank and on deposit: | ||||||
| Current account | - income | 9,050 | 10,601 | |||
| Deposit account | —income | |||||
| Current account | - capital | |||||
| Accrued income | ||||||
| 9,050 | 10,601 | |||||
| AMOUNTS FALLING DUE WITHIN | ||||||
| ONE YEAR | ||||||
| Sundry creditors | (3,541) | (11,089) | ||||
| 5,509 | (488) | |||||
| NET ASSETS | 1,578,485 | 1,485,629 | ||||
| REPRESENTED BY | ||||||
| Capital account | 1,582,578 | 1,490,720 | ||||
| Unrestricted funds |
(4,093) | (5,091) | ||||
| 1,578,485 | 1,485,629 |
| FOR THE | FOR THE | YEAR | ENDED | 31STMAR | CH 2022 | |||
|---|---|---|---|---|---|---|---|---|
| 3. | INDEPENDENT ACCOUNTANTS |
FEES | ||||||
| 2022 | 2021 | |||||||
| The total paid to the | independent accountants |
by the | ||||||
| charity related to the | following services: Accountancy | 780 | 780 | |||||
| 4. | INVESTMENTS - MARKET VALUE | |||||||
| Treasury | Units | CCLA | Total | |||||
| Stock | ||||||||
| Market value at 1st | April 2021 | 1,389,510 | 27,146 | 1,416,656 | ||||
| Additions | 292,422 | 292,422 | ||||||
| Disposals including | unrealised profit/loss |
|||||||
| as at 1st April 2021 | (272,835) | (272,835) | ||||||
| Change in market value | 161,849 | 2,343 | 164,192 | |||||
| Realised gains/(loss) | on disposals | (60,957) | (60,957) | |||||
| Market value at 31stMarch 2022 | 1,509,989 | 29,489 | 1,539,478 | |||||
| Unrealised profit(loss) at 31stMarch 2022 |
258,840 | 24,992 | 283,832 | |||||
| Unrealised profit(loss) at 31stMarch 2021 |
217,396 | 22,649 | 240,045 | |||||
| Movement charged |
to statement of | financial | ||||||
| activities | 161,849 | 2,343 | 164,192 | |||||
| Original cost |
1,251,149 | 4,497 | 1,255,646 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Amounts | falling due within | one year: | ||
| Accrual s | 3,541 | 11,089 | ||
| 3,541 | 11,089 |