| Page in | |||
|---|---|---|---|
| report | |||
| Legal and administrative | details | ||
| Report ofthe Trustees | 2&3 | ||
| Statement ofTrustees* | responsibilities | ||
| Report ofthe Independent | examiner | ||
| Statement offinancial | activities | 6k.7 | |
| Balance sheet | |||
| Accounting policies |
|||
| Notes to the financial | statements | 10to 13 |
| Unrestricted | Endowment | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| general | funds | funds | funds | ||||
| funds | |||||||
| No | 2023 | 2023 | 2023 | 2022 | |||
| tes | |||||||
| INCOMING RESOURCES | |||||||
| Voluntary income: Donations, gills and legacies |
500 | 500 | 1,210 | ||||
| Investment income |
42,420 | 42,420 | 37,843 | ||||
| TOTAL INCOMING | 42,920 | 42,920 | 39,053 | ||||
| RESOURCES | |||||||
| RESOURCES EXPENDED | |||||||
| Charitable expenditure |
|||||||
| Grants payable | 20,548 | 20,548 | 31,499 | ||||
| Support costs (including Governance) |
4 | 15,302 | 15,302 | 14,060 | |||
| TOTALRESOURCES | 35,850 | 35,850 | 45,559 | ||||
| EXPENDED | |||||||
| NET OPERATING | |||||||
| (DEFICIT)/SURPLUS | 7,070 | 7,070 | (6,506) | ||||
| Other recognised gains |
or | losses | |||||
| Realised (losses)/gains | on | ||||||
| investment assets |
|||||||
| Unrealised gains/(losses) |
on | ||||||
| investment assets |
6 | (123,214) | (123,214) | 69,264 | |||
| Transfers between funds | |||||||
| NET MOVEMENT IN | FUNDS | (116,144) | (116,114) | 62,758 | |||
| Fund balance at I April | 2022 | 1,232,608 | 200,000 | 1,432,608 | 1,369,850 | ||
| FUND BALANCE AT | 3I | ||||||
| MARCH 2023 | 8 | 1,316,464 | 200,000 | 1,316,414 | 1,432,608 |
| Unrestricted | Endowment | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| general | funds | funds | funds | ||||
| funds | |||||||
| No | 2022 | 2022 | 2022 | 2021 | |||
| tes | |||||||
| INCOMING RESOURCES | |||||||
| Voluntary income: |
|||||||
| Donations, git)s and legacies Investment income |
2 3 |
1,210 37,843 |
1,210 37,843 |
1,000 39,325 |
|||
| TOTAL INCOMING | 39,053 | 39,053 | 40,325 | ||||
| RESOURCES | |||||||
| RESOURCES EXPENDED | |||||||
| Charitable expenditure |
|||||||
| Grants payable | 4 | 31,499 | 31,499 | 28,829 | |||
| Support costs (including Governance) |
4 | 14,060 | 14,060 | 12,702 | |||
| TOTAL RESOURCES | 45,559 | 45,559 | 41,531 | ||||
| EXPENDED | |||||||
| NET OPERATING | |||||||
| (DEFICIT)/SURPLUS | (6,506) | (6,506) | (1,206) | ||||
| Other recognised gains |
or | losses | |||||
| Realised (losses)/gains | on | ||||||
| investment assets |
|||||||
| Unrealised gains/(losses) investment assets |
on | 6 | 69,264 | 69,264 | 240,065 | ||
| Transfers between funds |
|||||||
| NET MOVEMENT IN | FUNDS | 62,758 | 62,758 | 238,859 | |||
| Fund balance at I April | 2022 | 1,169,850 | 200,000 | 1,369,850 | 1,130,991 | ||
| FUND BALANCE AT | 31 | ||||||
| MARCH 2023 | 8 | 1,232,608 | 200,000 | 1,432,608 | 1,369,850 |
| Notes | Unrestricted | Endowment | Total | Total | ||
|---|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | |||
| FIXEDASSETS | ||||||
| Investments | 6 | 1,046,120 | 200,000 | 1,246,120 | 1,419,334 | |
| CURRENT ASSETS | ||||||
| Debtors | 7 | |||||
| Cash at bank and in hand | 8 | 73,417 | 73,417 | 14,324 | ||
| 73,417 | 73,417 | 14,324 | ||||
| CREDITORS: Amounts | falling due within one | 9 | 3,073 | 3,073 | 1,050 | |
| year | ||||||
| NET CURRENT ASSETS | 70,344 | 70,344 | 13,274 | |||
| TOTAL ASSETSLESS | CURRENT | |||||
| LIABILITIES | 1,116,464 | 200,000 | 1,316,464 | 1,432,608 | ||
| ACC~ATED FUNDS | ||||||
| Unrestricted funds |
1,116,464 | 1,116,464 | 1,232,608 | |||
| Endowment funds |
10 | 200,000 | 200,000 | 200,000 | ||
| 10 | 1,116,464 | 200,000 | 1,316,464 | 1,432,608 |
| I | NET INCOME FORTHE YEAR | NET INCOME FORTHE YEAR | 2023 | 2022 | |
|---|---|---|---|---|---|
| Net income is stated atter | charging: | ||||
| Independent Examiner*s Independent Examiner's |
remuneration remuneration |
—examination —other services |
750 500 |
550 350 |
|
| 2 | DONATIONS AND LEGACIES RECEIVED |
2023 | 2022 | ||
| Donations including GIIIAid recovered |
500 | 1,210 | |||
| 3 | INVESTMENT INCOME | 2023 | 2022 | ||
| Dividends and interest |
42,278 | 37,840 | |||
| Interest on cash deposits | 142 | 3 | |||
| 42,420 | 37,843 | ||||
| 4 | ANALYSIS OF CHARITABLE EXPENDITURE | 2023 | 2022 | ||
| Grants payable | |||||
| Grants to memorialists | 20,548 | 31,499 | |||
| Support costs | |||||
| Salaries | 8,650 | 8,172 | |||
| Printing, stationery and postage |
1,434 | 1,554 | |||
| Telephone and internet |
364 | 350 | |||
| Rent | 750 | 750 | |||
| Computing | 1,172 | 1,223 | |||
| Insurances | 341 | 267 | |||
| Other expenses | 538 | 614 | |||
| 13,249 | 12,930 |
| 5 | GOVERNANCE COSTS |
2023 | 2022 |
|---|---|---|---|
| Independent. Examiner's fees |
1,250 | 1,050 | |
| Trustees meetings and expenses |
803 | 80 | |
| 2,053 | 1,130 | ||
| FIXEDASSET INVESTMENTS | 2023 | 2022 | |
| Investments at market value comprised |
|||
| Equities and fixed interest | 1,246,119 | 1,419,275 | |
| Alternative investments |
|||
| Cash on deposit | 59 | ||
| 1,246,120 | 1,419,334 | ||
| Market value at I April 2022 | 1,419,334 | 1,320.070 | |
| Gain realised on transfer ofportfolio | |||
| Acquisitions at cost |
30,000 | ||
| Disposal at cost | (50,000) | ||
| Revaluation gains/(losses) |
(123214) | 69,264 | |
| Market value at 31March 2023 | 1,246,120 | 1,419,334 | |
| Historical cost at 31March 2023 | 1,207,066 | 1.257,066 |
| 7 | DEBTORS | DEBTORS | 2023 | 2022 | |
|---|---|---|---|---|---|
| Amount | due from General Fund | ||||
| 8 | CASH AT BANK | 2023 | 2022 | ||
| Current | account | 10,000 | 10,000 | ||
| Deposit | account | 63,417 | 4,324 | ||
| 73,417 | 14,324 | ||||
| CREDITORS | 2023 | 2022 | |||
| Amounts | due within one year | ||||
| Amount | due to General | Fund | 1,073 | ||
| Accruals Accruals |
- Expenses —Independent |
Examiner | 750 1,250 |
1,050 | |
| 3,073 | 1,050 |
| 10 | FUNDS | Unrestricted | Endowment | ||
|---|---|---|---|---|---|
| funds | funds | Total | |||
| 2023 | 2023 | ||||
| At I April Movement |
2022 in funds in the year |
1,232,608 (116,144) |
200,000 | 1,432,608 (116,144) |
|
| At 31March 2023 | 1,116,464 | 200,000 | 1,316,464 |
| ANALYSIS OFNET ASSETS | Unrestricted | Endowment | |
|---|---|---|---|
| Funds | funds | Total | |
| 2023 | 2023 | 2023 | |
| Investments | 1,046,120 | 200,000 | 1,246,120 |
| Net current assets | 70,344 | 70,344 | |
| At 31March 2023 | 1,116,464 | 200,000 | 1,316,464 |