| Notes | Income Fund |
Capital fund |
Total funds |
Total funds |
|||
|---|---|---|---|---|---|---|---|
| (Unrestricted) | |||||||
| 2023 | 2023 | 2023 | 2022 | ||||
| Incoming | |||||||
| Investment income |
51,026 | 51,026 | 44,697 | ||||
| Total income | 51,026 | 51,026 | 44 697 | ||||
| Expenditure | |||||||
| Costs ofraising funds | |||||||
| Investment management |
costs | 9,652 | 9,652 | 10,446 | |||
| Charitable activities |
23,818 | 23,818 | 15,054 | ||||
| Total expenditure | 33470 | 33,470 | 25,500 | ||||
| Net income | 17,556 | 17,556 | 19,197 | ||||
| Other recognised | gains/(losses) | ||||||
| Gain/(losses) on investments |
|||||||
| Realised on sale | (3,122) | (3,122) | 3,375 | ||||
| On revaluation | 97,593 | 97593 IGNIS, |
38,566 | ||||
| Net movement in |
funds | (S3,159) | (83,159) | 61,138 | |||
| Reconciliation of | funds | ||||||
| Total funds brought forward | 1,261,981 | 39,437 | 1,301,418 | 1,240,280 | |||
| Total funds carried forward | 1,178,822 | 39,437 | 259 | 1,301,418 |
| Balance sh | eet at | 5April 2 | 023 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||||
| Notes | |||||||||
| Fixed assets | |||||||||
| Investments | 4 | 1,182,711 | 1,261,559 | ||||||
| Current assets | |||||||||
| Short tenn deposits | 11,740 | 31,046 | |||||||
| Cash at bank | 47,985 | 19,861 | |||||||
| 59,725 | 50,907 | ||||||||
| Liabilities | |||||||||
| Amounts falling due within one year |
5 | (24,177) | (11,048) | ||||||
| Net current assets | 35„548 | 39,859 | |||||||
| Total net assets or | liabilities | 1,218,259 | 1,301,418 | ||||||
| The funds ofthe charity: | |||||||||
| Unresuicted | |||||||||
| -Income fund (unrestricted) | 8 | 1,178,822 | 1,261,981 | ||||||
| - Capital fund | 8 | 39,437 | 39,437 | ||||||
| Total charity funds | 1,218,259 | 1,301,418 | |||||||
| App d |
yth | T e | sr/1/i7 | d | ig | d | th | bl | cfbr cgg4 |
| 4 Fixed asset investments |
||
|---|---|---|
| 2023 | 2022 | |
| At 6April 2022 | 1461,559 | 1,214,436 |
| Additions | 88,988 | 118,587 |
| Disposals atthe brought forward market value | (70&243) | (110,030) |
| Revaluation to market value |
(97+93) | 38,566 |
| Market value at 5April 2023 | 1,182,711 | 1,261,559 |
| Historical cost at 5April 2023 | 949,767 | 905,225 |
| Material investments are held in MdcG Securities (M&G Charifund); 6% |
| 5 Lia |
bilities: amo | unts falling |
due wit | hin one yea | r | |
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Distributions | ofincome | 21,021 | 7,850 | |||
| Other creditors and accruals administration |
-Examination, | accounting | and | 745 | 695 | |
| Stockbroker*s | fees | 2,411 | 2,503 | |||
| 24,177 | 11,048 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Expenditure | on charitable | activities | ||
| Distributions | ofincome in | accordance with the charity objectives | 23,009 | 14,339 |
| Governance | and support | costs | ||
| Examination, | accounting and administration |
745 | 695 | |
| Bank charges | 64 | 20 | ||
| 23,818 | 15,054 |
| 8 Analysis ofne |
t assets between | funds | |||
|---|---|---|---|---|---|
| Capital | Income | Total | |||
| fund | Fund | Funds | |||
| Fund balances at 5April | 2023 are represented | by: | |||
| Fixed asset investments | 39,437 | 1,143,274 | 1,182,711 | ||
| Current assets | 59,725 | 59,725 | |||
| Current liabilities | (24,177) | (24,177) | |||
| Total net assets | |||||
| 39,437 | 1,178,822 | 1,218,259 | |||
| Unrealised gains included |
above | 232,944 | 232,944 |