OpenCharities

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2023-09-30-accounts

Page
Trustees,
professional
advisers and administrative details
Trustees'
report
2-3
Independent
examiner's
report
Statement
offinancial
activities
Balance sheet
Notes to the accounts 7-9

Unrestricted funds
Note 2023 2022
Incoming resources
Investment
income
57,713 52,447
Total Incoming resources 57,713 52,447
Resources expended
Charitable
activities:
Grants payable 54,000 42,000
Grant research and advisory services 2,500 1,500
56,500 43,500
Governance
costs
1,612 1,706
Total resources expended 58,112 45,206
Net incoming/(outgoing) resources (3SS) 7,241
Other recognised gains/losses
Gain/(loss)
on investments
40,245 (128,647)
Net movement
In funds
39,846 (121,406)
Fund balances
brought
forward 1,020,177 1,141,583
Fund balances carried forward 1,060,023 1,020,177

2023 2022
f
Income from common investment funds:
M&G Charifund 52,924 49,479
M&G Charibond 4,789 2,968
Total Income 57,713 52,447

2023 2022
Recipient F
Agreed and paidin year:
Ace of Clubs 5,000
Bus Shelter, The 5,000
Cirencester
Housing
for Young People 5,000 5,000
Common
Ground Against Homelessness
1,500
Doncaster
Housing
for Young People 2,600 2,100
First Light Trust 5,000 5,000
Friary Drop-in 5,000
Hackney
Doorways
3,000
Homeless
and Rootless
2,500
Nomad
Sheffield
2,500
Off The Streets 2,500
Porch, The 5,000 5,000
St Mary le Bow Young Homeless Project 6,000 5,000
Standing
Tall
3,000
Phoenix Foundation (formerly The Cotton Street Project) 3,000
Severn Angels Housing and Support 2,000
Winchester
Churches
Night Shelter 5,000 5,000
Youth Concern 3,000 3,400
Total 54,000 42,000
4.
GOVERNANCE
4.
GOVERNANCE
COSTS
2023 2022
E
Independent examiner's fees 480 400
Administration fees 1,050 1,250
Website costs 22 11
Bank charges 60 45
Total 1,612 1,706

7.
INVESTMENTS
2023 M&G
Charlfund
M&G
Charlbond
Cash Total
Market value at the beginning ofthe year 859,245 139,775 999,020
Unrealised
gains/(losses)
37,034 3,210 40,245
Market value at end ofyear 896,279 142,985 1,039,265
2022 M&G
Charlfund
MBG
Charibond
Cash Total
Market value at the beginning ofthe year 959,564 164,732 3371 1,127,667
Investments
at cost during
the ye 3,371 3,371
Disposals
during the year
(3,371) (3,371)
Unrealised
gains/(losses)
(103,690) (24,957) (128,647)
Market value at end ofyear 859,245 139,775 999,020
8.
CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR
2023 2022
Independent
examiner's fees
480 400
Administration
fees
1,000 i,000
Website costs 250
Total 1,480 1,650