OpenCharities

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2023-03-31-accounts

Page
ReferenceandadministrativedetailsoftheCharity,itsTrusteesandadvisers 1
Trustees'report 2-5
Independentexaminer'sreport 6
Statementoffinancialactivities 7
Balancesheet 8
Notestothefinancialstatements 9-16

24 November 2023

Endowment Unrestricted Total Total
funds funds funds funds
2023 2023 2023 2022
Note £ £ £ £
Incomeandendowmentsfrom:
Investments 4 105,668 105,668 103,032
Totalincomeandendowments 105,668 105,668 103,032
Expenditureon:
Raisingfunds 5 23,484 23,484 25,413
Charitableactivities 7 11,282 94,400 105,682 107,185
Totalexpenditure 34,766 94,400 129,166 132,598
Net(expenditure)/incomebeforenet
(losses)/gainsoninvestments (34,766) 11,268 (23,498) (29,566)
Net(losses)/gainsoninvestments (188,692) (188,692) 89,787
Netmovementinfunds (223,458) 11,268 (212,190) 60,221
Reconciliationoffunds:
Totalfundsbroughtforward 3,236,902 203,398 3,440,300 3,380,079
Netmovementinfunds (223,458) 11,268 (212,190) 60,221
Totalfundscarriedforward 3,013,444 214,666 3,228,110 3,440,300

2023 2022
Note
Fixedassets
Investments 10 3,197,914 3,397,647
Currentassets
Cashatbankandinhand 66,688 49,797
Creditors:amountsfallingduewithinone
year 11 (36,492) (7,144)
Netcurrentassets 30,196 42,653
Totalnetassets 3,228,110 3,440,300
Charityfunds
Endowmentfunds 12 3,013,444 3,236,902
Unrestrictedfunds 12 214,666 203,398
Totalfunds 3,228,110 3,440,300

Unrestricted Total
funds funds
2023 2023
£ £
Dividends 105,346 105,346
Interest 322 322
105,668 105,668
Unrestricted Total
funds funds
2022 2022
£ £
Dividends 103,031 103,031
Interest 1 1
103,032 103,032

Endowment Total
funds funds
2023 2023
£ £
Investmentmanagementfees-Sarasin&Partners 10,445 10,445
Investmentmanagementfees-Canaccord 13,039 13,039
23,484 23,484
Endowment Total
funds funds
2022 2022
£ £
Investmentmanagementfees-Sarasin&Partners 11,423 11,423
Investmentmanagementfees-Canaccord 13,990 13,990
25,413 25,413

Grantsto Total
Institutions funds
2023 2023
£ £
Grantsmadetoinstitutions 94,400 94,400
Grantsto Total
Institutions funds
2022 2022
£ £
Grantsmadetoinstitutions 96,000 96,000
2023 2022
£ £
Nameofinstitution
ActionMedicalResearch 6,000
Alzeheimer'sResearchUK 10,000
BritishHeartFoundation 5,000
BritishRedCross 10,000 8,000
CLICSargent 10,000
EastAngliaChildren'sHospices 5,000 5,000
Ethiopiaid 4,000
ExmoorCalvertTrust 5,000 10,000
GuideDogs 6,400 6,000
NSPCC 10,000 10,500
Ocean YouthTrustSouth 10,000 10,000
RNLI 5,000 5,000
Seafarers 6,000 2,500
Sightsavers 6,000 5,000
SSAFA-TheArmedForcesCharity 5,000 5,000
Turn2UsEdinburghTrust 10,000
YoungLivesvsCancer 10,000
94,400 96,000

Endowment Unrestricted
funds funds Total
2023 2023 2023
£
£
£
Grantstoinstitutions 94,400 94,400
Independentexaminationfees 3,250 3,250
Supportcosts 8,032 8,032
11,282 94,400 105,682
Endowment Unrestricted
funds funds Total
2022 2022 2022
£
£
£
Grantstoinstitutions 96,000 96,000
Independentexaminationfees 2,840 2,840
Supportcosts 8,345 8,345
11,185 96,000 107,185

Cashheld
Listed for
investments investment Total
£ £ £
Valuation
At1April2022 3,371,362 26,285 3,397,647
Additions 494,555 494,555
Disposals (636,723) (636,723)
Revaluations (150,340) (150,340)
Movementincashheld 92,775 92,775
At31March2023 3,078,854 119,060 3,197,914
Netbookvalue
At31March2023 3,078,854 119,060 3,197,914
At31March2022 3,371,362 26,285 3,397,647
Creditors:Amountsfallingduewithinoneyear
2023 2022
£ £
Tradecreditors 1,488 1,260
Othercreditors 26,000 246
Accrualsanddeferredincome 9,004 5,638
36,492 7,144

Statementoffunds-currentye ar
Balanceat
Balanceat1 Gains/ 31March
April2022 Income Expenditure (Losses) 2023
£ £ £ £ £
Unrestrictedfunds
Generalfund 203,398 105,668 (94,400) 214,666
Endowmentfunds
Endowmentfund 3,236,902 (34,766) (188,692) 3,013,444
Totaloffunds 3,440,300 105,668 (129,166) (188,692) 3,228,110
Statementoffunds-prioryear
Balanceat
Balanceat Gains/ 31March
1April2021 Income Expenditure (Losses) 2022
£ £ £ £ £
Unrestrictedfunds
GeneralFunds-allfunds 196,366 103,032 (96,000) 203,398
Endowmentfunds
EndowmentFunds-allfunds 3,183,713 (36,598) 89,787 3,236,902
Totaloffunds 3,380,079 103,032 (132,598) 89,787 3,440,300

Analysisofnetassetsbetweenfunds-currentyear
Endowment Unrestricted Total
funds funds funds
2023 2023 2023
£ £ £
Fixedassetinvestments 3,013,444 184,470 3,197,914
Currentassets 66,688 66,688
Creditorsduewithinoneyear (36,492) (36,492)
Total 3,013,444 214,666 3,228,110
Analysisofnetassetsbetweenfunds-prioryear
Endowment Unrestricted Total
funds funds funds
2022 2022 2022
£
£
£
Fixedassetinvestments 3,236,902 160,745 3,397,647
Currentassets 49,797 49,797
Creditorsduewithinoneyear (7,144) (7,144)
Total 3,236,902 203,398 3,440,300