2023-03-31-accounts

Registered	Charity:	Charity:		243968
Charity Name		dk Address:		PenCare
				PO Box2526
				Cardiff
				CF23 OGU
Trustees (Management			Committee):
				Mrs JCotsen (Chair)
				Mrs LCawston
				Mr L Kahn
				Mrs RLevene
				Mr JMinkes
				Mr P Stewart
				Mrs J Whitten
				DrR Whitten
Life Governors:				Mr CN Harris
				Prof. P DJWeitzman
Independent	Examiners:			Hodge Bakshi Chartered Accountants			4Registered Auditors
				Churchgate House
				3 Church Road
				Whitchurch
				Cardiff
				CF42DX
Bankers:				Lloyds Bank Ltd
				31 Queen St
				Cardiff, CF102AG
Investment	Bankers:			CCLA Investment		Management		Ltd
				One Angel Lane
				London
				EC4R 3AB
				EdenTree Investment			Management		Ltd
				Monument Place
				24 Monument	Street
				London
				EC3R 8AJ
Administrator				Mr P Evans
				Page 2

					Unrestricted Funds	Total	year ended
					Undesignated		31 March 2022
				Notes		g
Incoming
Donations					2,500	2,500	500
Income from charitable			activities				86
Investment income					129,964	129,964	126,351
Total income					132,464	132,464	126,937
Expenditure
Charitable activities					143,467	143,467	102,151
Total Expenditure					143,467	143,467	102,151
Net (expenditure)/	income and net
movement in funds		before gains and
losses on investments					-11,003	-11,003	24,786
Net (loss) / gain on	investments				-259,600	-259,600	284,608
Net movement in funds			for the year		-270,603	-270,603	309,394
Reconciliar/on offunds
Total funds brought		forward			4,262,988	4,262,988	3,953,594
Total funds carried		forward		12	3,992,385	3,992,385	4,262,988

BAL13rNCE SHEET
			As at			As at
		31March f			2023 f	31March	2022f
	Notes
FIXEDASSETS=
Heritage Assets	7
Social mvcstment	8	350,000				350,000
Investment portfolio	8	3 568,457				3 828657
CURRENT ASSETS				3818,457		4,178,057
Debtors	9	318158				30Sr46
Cash at bank and m hmd		56,799				69,121
		88,757				100,067
CREDITORSr
Amounts falling due
within one year	10	14,829				15136
NET CURRENT ASSETS					73,928		84+31
TOTAL ASSETSLESSCURRENT
LIABILITIES 2				63.992285		642626'S8
THE FUNDS OFTHE CHARITY	12
Unrestricted Funds
General Reserves				3,~85		4462,988
TOTAL CHARITY FUNDS				53392285		f4462,988
Approved by the Board ofTrustees 7 September		2023	and	signed on its		behalf by
Mrs.ICOTSEN (Chair ofTrustees)
Mr3' STEWART (Trustee)

INCOME
						unrestricted		year ended		period ended
							funds	31-Mar-2023		31-Mar-2022
Donations							f		f,
Donations	and legacies						2,500		2,500		500
							2,500		2,500		500
Charitable	activities
Misc. income											86
											86
The Trust	benefits	greatly	from	the		involvement and		enthusiastic		support of its
many volunteers,		details of	which		are given		in our annual		report.	In accordance
with FRS	102 and the Charities			SORP (FRS			102), the economic			contribution	of
general volunteers		is not recognised			in	the accounts.

		Basis of	Charitable	Governance	year ended	year elided
		allocation	activities		31March 2023	31March 2022
Travel &Subsistence		actual	8,014		8,014	6,568
Insurance s		actual	783	1,925	2,708	2/21
Pen friends costs		actual	300		300	210
Sundries		actual	1,290	1,144	2,434	1,238
Administration	costs	actual		13,791	13,791	11,384
Printing &Stationery		actual	324	1,296	1,620	1,126
Storage		actual		3,543	3,543	3,175
Cultural Expenditure		actual	15		15	15
Grants made		actual	61,521		61,521	38,845
Residents catering
payments		actual	15,775		15,775	15,902
Residents top	up
payments		actual	30,116		30,116	17,987
Legal Fees &
professional Fees		actual		350	350	350
Accountancy	Fees	actual		3,280	3,280	3,130
			118,138	25,329	143,467	102,151

year ended	year ended
31March 2023	31 March 2022

			year ended	year ended
			31March 2023	31March 2022
General	Deposit Interest		34	I
Dividend	distributions	received from
investments			129,930	126,350
			129,964	126,351

The operating	deficit (2022: surplus)	deficit (2022: surplus)	is stated after charging:
			year ended	year ended
			31March 2023	31 March 2022
Independent	examiners	remuneration	3,280	3,130

	investments
Valuation
at I April 2022	3,828,057
decrease in valuation	-259,600
as at 31March 2023	3,568,457
Valuation
At 31March 2023	f3,568,457
At 31 March 2022	83,828,057

Cost or va	luation at 31March 2023 is	represented by;
			Listed
			investments
			f
Valuation	in 2023		f3,568,457
Social Investment:		as at
		31March 2023	31March 2022
Cost
Programme	related investment	330,000	350,000

9	DEBTORS:AMOUNTS FALLING	as at
	DUE WITHIN ONK YEAR	31March 2023	31March 2022
	Other debtors	31,958	30,946
		31,958	30,946
10	CREDITORS: AMOUNTS FALLING	as at
	DUE WITHIN ONE YEAR	31March 2023	31March 2022
	Accruals	14,829	15,136
		14,829	15,136

11	ANALYSIS	OFNET ASSETS BETWEEN	OFNET ASSETS BETWEEN	FUNDS
			Investments	Net current
				assets	Total
	Unrestricted	Funds	3,918,457	73,928	3,992,385
			3,918,457	73,928	3,992,385

		Year ended	Year ended
		31March 2024	31March 2023
Third party fee	top up	34,840	36,396
Catering Facilities		0	17,640
Jewish Cultural	expenses	0	600
		34,840	54,636

FOR THE YE	AR EN	DED 31MARCH	2023
			y	dM	~dR
			31March	2023	31March	2022
Income:
Donations			500		500
Legacy			2,000
Misc. Income					86
				2,500			586
Other income:
Deposit account	interest		34
Dividend distributions		received Irom
investments			129,930		126,350
				129,964		126,351
				132,464		126,937
Expenditure:
Administration	costs		13,791		11,384
Printing & Stationery			1,620		1,126
Storage			3,543		3,175
Travel &Subsistence			8,014		6,568
Insurance			2,708		2,221
Accountancy fees			3,280		3,130
Legal and professional		fees	350		350
Sundries			2,434		1,238
Pen Friends Expenditure			300		210
Cultural expenses			15		15
Grants payments			61,521		38,845
Residents catering payments			15,775		15,902
Residents top up and respite payments			30,116		17,987
				143,467		102,151
NET (DEFICIT)/SURPLUS				-11,003		24,786