OpenCharities

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2023-04-05-accounts

Date: 24 October 2023

Unrestrictedfunds Unrestrictedfunds
2023 2022
Notes £ £
Incomefrom:
Donationsandlegacies 570 760
Investments 1 138,715 125,953
Totalincome 139,285 126,713
Expenditureon:
Raisingfunds
.Investmentmanagers'fees 8,888 9,496
Charitable activities
• Spiritualeducation 2 52,479 49,816
• Othergrantmaking 2 65,000 95,883
Totalexpenditure 126,367 155,195
Netincome/(expenditure)beforegainsoninvestments 4 12,918 (28,482)
Net(losses)/gainsoninvestments 7 (192,520) 855,685
Net(expenditure)/incomeandnetmovementinfunds (179,602) 827,203
Reconciliationoffunds:
Fundbalancesbroughtforwardat6April 5,351,884 4,524,681
Fundbalancescarriedforwardat5April 5,172,282 5,351,884

Tangiblefixedassets
Office Office
furniture equipment Total
£ £ £
Cost
At6April2022and5April2023 1,091 929 2,020
Depreciation
At6April2022and5April2023 1,091 929 2,020
Netbookvalues
At6April2022and5April2023
Investments
Attheyearend,investmentscomprised:
2023 2022
£ £
Listedinvestments 4,317,284 4,516,773
Investmentproperty 725,000 725,000
5,042,284 5,241,773
Listedinvestments
2023 2022
£ £
Marketvalueoflistedinvestmentsat6April 4,516,773 3,725,386
Additionsatcost 60,164 63,613
Disposalproceeds (125,776) (78,971)
Netinvestment(losses)gains (192,520) 785,222
Marketvalueoflistedinvestmentsat5April 4,252,781 4,510,911
Cashwithinvestmentmanagersforreinvestment 64,503 5,862
4,317,284 4,516,773

2023 2022
£ £
UKListedinvestments 4,252,781 4,495,606
Overseaslistedinvestments - 15,305
Cashheldforreinvestment 64,503 5,862
4,317,284 4,516,773
£ %
Charifund 1,915,487 45.0%
SJPCorporateBond 445,937 10.5%
SJPEquityIncome 311,795 7.3%
SJPUK&InternationalIncome 493,935 11.6%
SJPGlobalEquityIncome 228,302 5.4%
Investmentproperty
2023 2022
£ £
At1January2022 725,000 654,537
Gainonrevaluation 70,463
At5April2023 725,000 725,000

Debtors
2023 2022
£ £
Rentdeposits 3,570 3,570
Prepayments 13,056 11,236
16,626 14,806

Creditors:amountsfallingduewithin oneyear
2023 2022
£ £
Accruals 5,400 2,826
5,400 2,826