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|---|---|---|---|
|Reference and Administrative
Details ofthe Charity,||its Trustees and Advisers||
|Trustees'
Report|||2-5|
|Independent
Auditors'|Report on the Financial Statements||7-9|
|Statement ofFinancial|Activities||10|
|Statement of Financial|Position|||
|Statement ofCash Flows|||12|
|Notes to the Financial|Statements||13-20|
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|Trustees||M AZiff||
|---|---|---|---|
|||E M Ziff||
|||A L Manning||
|Charity registered||||
|number||249368||
|Principal office||Town Centre House||
|||The Merrion Centre||
|||Leeds||
|||LS2 8LY||
|Independent|auditors|Sopher+ Co LLP||
|||Chartered
Accountants|& Statutory Auditors|
|||5 Elstree Gate||
|||Elstree Way||
|||Borehamwood||
|||Herffordshire||
|||WD6 1JD||
|Bankers||Lloyds TSBBank Pic||
|||6/7 Park Row||
|||Leeds||
|||LS28LY||
|Solicitors||Wrigleys Solicitors LLP||
|||19Cookridge Street||
|||Leeds||
|||LS2 3AG||
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|||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|funds|
|||||||2023|2023|2022|
||||||Note|||F|
|Income from:|||||||||
|Charitable
activities|||||3|226,009|226,009|214,640|
|Total income||||||226,009|226,009|214,640|
|Expenditure
on:|||||||||
|Chaditable
activities|||||5|322,340|322,340|506,897|
|Total expenditure||||||322,340|322,340|506,897|
|Net expenditure
investments|before net (losses)/gains|||on||(96,331)|(96,331)|(292,257)|
|Net (losses)/gains||on investments||||(500,698)|(500,698)|646,061|
|Net movement
in||funds||||(597,029)|(597,029)|353,804|
|Reconciliation
of||funds:|||||||
|Total funds brought|||forward|||7,369,832|7,369,832|7,016,028|
|Net movement
in|funds|||||(597,029)|(597,029)|353,804|
|Total funds carried|||forward|||6,772,803|6,772,803|7,369,832|
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||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Note|6|6|
|Cash flows from operating|activities||||||
|Net cash used
in operating|activities|||13|(359,491)|(341,318)|
|Cash flows from investing|activities||||||
|Investment
income|||||226,009|214,640|
|Net cash provided
by investing
activities|||||226,009|214,640|
|Change
in cash and cash|equivalents|in|the year||(133,482)|(126,678)|
|Cash and cash equivalents|at the beginning||ofthe year||2,395,902|2,522,580|
|Cash and cash equivalents|at the end of||the year|14|2,262,420|2,395,902|
|The notes on pages 13to 20 form part ofthese financial statements|||||||
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|||||||Total|
|---|---|---|---|---|---|---|
|||||||funds|
||||||2023|2023|
|||||||E|
|Dividends|-equities||||145,363|145,363|
|Tax recoverable|||on PIDs||16,151|16,151|
|Receipts|from|I|A Ziff NO.2 Discretionary|Settlement|64,495|64,495|
||||||226,009|226,009|
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|||||||Total|
|---|---|---|---|---|---|---|
|||||||funds|
||||||2022|2022|
||||||6|6|
|Dividends|-equities||||101,755|101,755|
|Tax recoverable|||on PIDs||11,306|11,306|
|Receipts|from|I|A Ziff NO.2 Discretionary|Settlement|101,579|101,579|
||||||214,640|214,640|
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|Granbs to|Total|
|---|---|
|Institutions|funds|
|2023|2023|
|K||
|296,531|296,531|
|Grants to|Total|
|---|---|
|Institutions|funds|
|2022|2022|
|F|9|
|484,462|484,462|
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||||Unrestricted||
|---|---|---|---|---|
||||funds|Total|
||||2023|2023|
||||K||
|Grants to registered||charities|296,531|296,531|
|Auditor's fees|||7,200|7,200|
|Administrative|support||18,609|18,609|
||||322,340|322,340|
||||Unrestricted||
||||funds|Total|
||||2022|2022|
||||8|5|
|Grants to registered||charities|484,462|484,462|
|Auditor's fees|||7,200|7,200|
|Administrative|support||15,235|15,235|
||||506,897|506,897|
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||||Grant|||
|---|---|---|---|---|---|
||||funding of|Support|Total|
||||activities|costs|funds|
||||2023|2023|2023|
|||||K||
|Grants to registered||charities|296,531||296,531|
|Auditor's fees||||7,200|7,200|
|Administrative|support|||18,609|18,609|
||||296,531|25,809|322,340|
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|Analysis ofe|xpend|iture
by activities (contin|ued)|||
|---|---|---|---|---|---|
||||Grant|||
||||funding
of|Support|Total|
||||activities|costs|funds|
||||2022|2022|2022|
||||6|||
|Grants to registered||chadities|464,462||484,462|
|Auditor's fees||||7,200|7,200|
|Administrative|support|||15,235|15,235|
||||464,462|22,435|506,897|
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||Listed|
|---|---|
||investments|
|Valuation||
|At 6 April 2022|4,990,824|
|Revaluations|(500,698)|
|At 5April 2023|4,490,126|
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|Debtors|||
|---|---|---|
||2023f|2022
6|
|Due within one year|||
|Income tax recoverable|27,457|11,306|
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|2023|2022|
|---|---|
|5|6|
|7,200|28,200|
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|Statement|offunds - c|urrent year||||||
|---|---|---|---|---|---|---|---|
|||Balance at 5||||Gains/|Balance at 5|
|||April 2022|Income
5|Expenditure|f|(Losses)
5|April 2023|
|Unrestricted|funds|7,359,832|228,009|(322,340)||(500,598)|5,772,803|
|Statement|offunds - prior year|||||||
|||Balance at||||Gains/|Balance at|
|||1 April 2021
F|Income
F|Expenditure|5|(Losses)
6|5 April 2022
5|
|Unrestricted|funds|7,016,026|214,640|(506,897)||646,061|7,369,832|
|Analysis ofnet assets between funds -current ye|ar||
|---|---|---|
||Unrestricted|Total|
||funds|funds|
||2023|2023|
||K|5|
|Fixed asset investments|4,490,126|4,490,125|
|Current assets|2,269,877|2,289,877|
|Creditors due within one year|(7,200)|(7,200)|
|Total|6,772,803|6,772,803|
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||Analysis ofnet assets b|etwe|en f|u|nds|- prior|yea|r||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Unrestricted|Total|
|||||||||||funds|funds|
|||||||||||2022|2022|
|||||||||||F||
||Fixed asset investments|||||||||4,990,824|4,990,824|
||Current assets|||||||||2,407,208|2,407,208|
||Creditors due within one year|||||||||(28,200)|(28,200)|
||Total|||||||||7,369,832|7,369,832|
|13.|Reconciliation
of net movement|||in funds to|||net|cash flow|from operating|activities||
|||||||||||2023|2022|
|||||||||||6|6|
||Net
income/expenditure
Activities)|for|the||year|(as|per|Statement|of Financial|(597,029)|353,804|
||Adjustments
for:|||||||||||
||Investment
income show|in investing|||activities|||||(226,009)|(214,640)|
||Losses/(gains)
on revaluation||of investments|||||||500,698|(646,061)|
||(Increase)/ decrease
in debtors|||||||||(16,151)|192,085|
||Decrease in creditors|||||||||(21,000)|(26,506)|
||Net cash used in operating||activities|||||||(359,491)|(341,318)|
|14.|Analysis ofcash and cash equivalents|||||||||||
|||||||||||2023|2022|
||||||||||||6|
||Cash and cash equivalents|||||||||2,262,420|2,395,902|
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