| Reports | |
|---|---|
| Referenceandadministrativeinformation | 2 |
| ReportoftheBoardofManagement | 3 |
| Independentauditor'sreport | 27 |
| Financialstatements | |
| Consolidatedstatementoffinancialactivities | 31 |
| Balancesheets | 32 |
| Consolidatedstatementofcashflows | 33 |
| Principalaccountingpolicies | 34 |
| Notestothefinancialstatements | 40 |
| BoardofManagement | Clare-LouiseMarriott(SisterClare-Louise)(Reverend |
|---|---|
| Mother) | |
| JenniferGayleFoster(SisterEve) | |
| AvisMaryGrainger(SisterAvisMary) | |
| SusanShannon(SisterSusan) | |
| ChristineJaneSouth(SisterChristine) | |
| Registeredoffice | ConventoftheIncarnation |
| Fairacres | |
| ParkerStreet | |
| Oxford | |
| OX41TB | |
| Websites | www.sIg.org.uk |
| www.slgpress.co.uk | |
| Companyregistrationnumber | 00990049(EnglandandWales) |
| Charityregistrationnumber | 261722 |
| Auditor | BuzzacottLLP |
| 130WoodStreet | |
| London | |
| EC2V6DL | |
| Principalbankers | BankofScotlandplc |
| PentlandHouse | |
| 2nd Floor | |
| 8LochsideAvenue | |
| Edinburgh | |
| EH129DJ | |
| Principalinvestmentmanagers | CCLAInvestmentManagementLimited |
| 80Cheapside | |
| London | |
| EC2V6DZ | |
| Solicitors | HCRHewitsonsSolicitorsLLP |
| ElginHouse | |
| BillingRoad | |
| Northampton | |
| NN15AU |
(Jennifer Gayle Foster)
26 October 2022
| Un- | Total | Un- | Total | ||||
|---|---|---|---|---|---|---|---|
| restricted | Restricted | funds |
restricted | Restricted | funds |
||
| funds | funds | 2022 |
funds | funds | 2021 |
||
| Notes | £ |
£ | £ | £ | E | ||
| Income | |||||||
| Donationsandlegacies | 1 | 218,281 |
218,281 | 228,427 | 228,427 | ||
| Investmentincomeandinterest | |||||||
| receivable | 2 | 496,197 |
5,010 | 501,207 | 541,267 | 4,830 | 546,097 |
| Otherincome | |||||||
| .CoronavirusJobRetention | |||||||
| Schemefunding | 7,016 | 7,016 | 21,407 | 21,407 | |||
| .Miscellaneousincome | 24,112 | 24,112 | 17,645 | 17,645 | |||
| Totalincome | 745,606 | 5,010 | 750,616 | 808,746 | 4,830 | 813,576 | |
| Expenditure | |||||||
| Charitableactivities | |||||||
| .Charitabledonationsandgrants | |||||||
| payable | 3 | 163,790 |
4,500 | 168,290 | 31,430 | 2,154 | 33,584 |
| .Supportofthemembersofthe | |||||||
| CommunityoftheSistersofthe | |||||||
| LoveofGodandtheirministry | 4 | 1,312,987 | - | 1,312,987 | 1,103,558 | - | 1,103,558 |
| Totalexpenditure | 1,476,777 | 4,500 | 1,481,277 | 1,134,988 | 2,154 | 1,137,142 | |
| Net(expenditure)income | |||||||
| beforetransfersbetween | |||||||
| funds | 6 | (731,171) |
510 | (730,661) | (326,242) |
2,676 | (323,566) |
| Transfersbetweenfunds | 15 | (300) |
300 | (2,286) | 2,286 | ||
| Net(expenditure)income | (731,471) | 810 | (730,661) | (328,528) |
4,962 | (323,566) | |
| Netgainsoninvestments | 10 | 1,714,252 | 18,006 | 1,732,258 | 580,562 | 6,959 | 587,521 |
| Netmovementinfundsfor | |||||||
| theyear | 982,781 | 18,816 | 1,001,597 | 252,034 | 11,921 | 263,955 | |
| Reconciliationoffunds | |||||||
| Totalfundsbroughtforward | |||||||
| at1February2021 | 30,447,043 | 172,874 | 30,619,917 | 30,195,009 | 160,953 | 30,355,962 | |
| Totalfundscarriedforward | |||||||
| at31January2022 | 31,429,824 | 191,690 | 31,621,514 | 30,447,043 | 172,874 | 30,619,917 |
(Jennifer Gayle Foster)
| 2022 | 2021 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Cashflowsfromoperatingactivities: | |||
| Netcashusedinoperatingactivities | A | (678,376) | (918,048) |
| Cashflowsfrominvestingactivities: | |||
| Investmentincomeandinterestreceived | 500,635 | 596,693 | |
| Proceedsfromdisposalofinvestments | 500,000 | 4,499,999 | |
| Purchaseofinvestments | (500,000) | ||
| Purchaseoftangiblefixedassets | (5,159,343) | (4,066,750) | |
| Netcashprovidedbyinvestingactivities | (4,658,708) | 1,029,942 | |
| Changeincashandcashequivalentsinthe | |||
| year | (5,337,084) | 111,894 | |
| Cashandcashequivalentsat1February2021 | B | 7,827,075 | 7,715,181 |
| Cashandcashequivalentsat31January2022 | B | 2,489,991 | 7,827,075 |
| activities | ||
|---|---|---|
| 2022 | 2021 | |
£ |
£ |
|
| Netmovementinfunds(asperthestatementoffinancialactivities) | 1,001,597 | 263,955 |
| Adjustmentsfor: | ||
| Depreciationcharge | 342,837 | 112,162 |
| Lossondisposaloftangiblefixedassets | 1,954 | |
| Gainsoninvestments | (1,732,258) | (587,521) |
| Investmentincomeandinterestreceivable | (501,207) | (546,097) |
| Decreaseinstocks | 897 | 334 |
| Decrease/(increase)indebtors | 105,022 | (152,478) |
| Increase/(decrease)increditors | 102,782 | (8,403) |
| Netcashusedinoperatingactivities | (678,376) | (918,048) |
| Analysisofcashandcashequivalents | ||
|---|---|---|
| 2022 | 2021 | |
£ |
£ |
|
| Cashatbankandinhand | 299,891 | 903,562 |
| Shorttermdeposits | 2,190,100 | 6,923,513 |
| Totalcashandcashequivalents | 2,489,991 | 7,827,075 |
| Donationsandlegacies | ||
|---|---|---|
| Unrestricted | ||
| Total | Total | |
| funds | funds | |
| 2022 | 2021 | |
£ |
£ |
|
| Pensionsandattendanceallowanceofindividualreligiousreceived | ||
| underGiftAid | 108,090 | 130,322 |
| Otherdonations(includingGiftAid) | 15,496 | 18,012 |
| Legacies | 94,695 | 80,093 |
| Totalfunds | 218,281 | 228,427 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | funds | Unrestricted | Restricted | funds | |
| funds | funds | 2022 | funds | funds | 2021 | |
| £ | £ | £ | £ | £ | £ | |
| Incomefromcommon | ||||||
| investmentfunds | 481,729 | 5,010 | 486,739 | 495,783 | 4,830 | 500,613 |
| Interestonshorttermdeposits | 14,428 | - | 14,428 | 45,289 | 45,289 | |
| Otherbankinterestreceivable | 40 | - | 40 | 195 | - | 195 |
| Totalfunds | 496,197 | 5,010 | 501,207 | 541,267 | 4,830 | 546,097 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | funds | Unrestricted | Restricted | funds | |
| funds | funds | 2022 | funds | funds | 2021 | |
| £ | £ | £ | £ | £ | £ | |
| Payabletoindividuals | 2,000 | - | 2,000 | 2,060 | - | 2,060 |
| Payabletoinstitutions | 161,790 | 4,500 | 166,290 | 29,370 | 2,154 | 31,524 |
| Totalfunds | 163,790 | 4,500 | 168,290 | 31,430 | 2,154 | 33,584 |
| 2022 | 2021 | |
|---|---|---|
£ |
£ |
|
| Donationsandgrantsof£1,000ormore | ||
| .AcornChristianHealingCentre | 1,000 | |
| AidtotheChurchinNeed | 1,000 | |
| .AssociationoflnterchurchFamilies | 1,500 | |
| .BarnabasFund | 1,000 | |
| .BiblesforChildren | 1,000 | |
| .BibleReadingFellowship | 1,640 | |
| .BibleSociety | 1,500 | |
| CAFOD | 1,500 | |
| .ChristianAid | 1,300 | |
| .ChristianBlindMission | 1,500 | |
| .ChristiansinOverseasServiceTrustLtd. | 1,500 | |
| .ChristianSolidarityWorldwide | 1,500 | |
| .ChurchArmy | 1,000 | |
| .ChurchHomelessTrust | 1,000 | 1,000 |
| .ChurchMissionSociety | 1,000 | |
| .ChurchUrbanFund | 1,000 | |
| .CollegeofStBarnabas | 1,000 | |
| .CommunityofStMarytheVirgin | 5,000 | 7,500 |
| .CulturalExchangewithChina | (1,000) | |
| .DioceseofCyprusandtheGulf | 83,300 | 1,000 |
| .DioceseofOxford | 2,500 | |
| .DiscoveringPrayer | 2,000 | |
| .FeedtheMinds | 1,000 | |
| .FieldLaneFoundation | 1,500 | |
| .Fishermen'sMission | 1,500 | |
| .FriendsofQuettaHospital | 1,500 | |
| .GlobalCare | 1,500 | |
| .HousingJustice | 1,500 | |
| .HummingbirdHopeRetreatHouse | 2,000 | |
| .InternationalRefugeeTrust | 2,000 | |
| .IrishSchoolofEcumenics | 1,000 | |
| .Jerusalem&theMiddleEastChurchAssociation | 1,500 | |
| .L'ArcheUK | 1,000 | |
| .LangleyHouseTrust | 1,000 | |
| .LeeAbbey,London | 1,000 | |
| .LiTimOiFoundation | 1,000 | |
| .Livability | 1,000 | |
| .MissionAviationFellowshipUK | 1,000 | |
| .MercyShipsUKLtd. | 1,500 | |
| MonestiredeStBenetdeMontserrat | 800 | |
| .OxfordDiocesanBoardofFinance | 2,500 | |
| .OxfordMission | 1,000 | |
| .ReligiousofMaryImmaculate | 2,000 | 1,000 |
| .SaintGabriel'sCentre,Birmingham | 1,000 | |
| .SionCentreforDialogueandEncounter | 1,000 | |
| .SistersofBaltimoreCarmel,USA | 1,000 | |
| .StAndrew'sChurch,DeanCourt,Oxford | 5,000 | |
| .StMary's,StokeNewington | 1,000 | |
| .TaririoUK | 1,500 |
| 2022 | 2021 | |
|---|---|---|
£ |
£ |
|
| .Tearfund | 1,000 | |
| .TheFellowshipofReconciliation | 1,200 | |
| .TheInstituteofOrthodoxChristianStudies | 1,500 | |
| .TheLeprosyMission | 1,500 | |
| .TheSalvationArmy | 1,500 | |
| .TheShrineofourLadyofWalsingham | 1,500 | |
| .TheSocietyoftheSistersofBethany | 5,000 | 7,500 |
| .TheToyboxCharity | 1,500 | |
| .TheWellspringCommunity | 1,000 | |
| .Train-a-Priest(TapFund) | 1,000 | 1,000 |
| .WorldCommunityforChristianMeditation | 1,500 | |
| 160,940 | 28,300 | |
| Donationsandgrantsofunder£1,000 | 5,350 | 3,224 |
| Totalgrantspaidtoinstitutions | 166,290 | 31,524 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | funds | Unrestricted | Restricted | funds | |
| funds | funds | 2022 | funds | funds | 2021 | |
| £ | £ | £ | £ | £ | £ | |
| Premises | 241,673 | - | 241,673 | 274,053 | - | 274,053 |
| Staffandagencycosts | 481,144 | - | 481,144 | 483,220 | 483,220 | |
| Sisters'livingandpersonal | ||||||
| expenses | 92,082 | - | 92,082 | 99,461 | 99,461 | |
| Education,training,Community | ||||||
| developmentandspiritual | ||||||
| renewal | 13,481 | - | 13,481 | 3,336 | 3,336 | |
| SLGPress | 8,568 | - | 8,568 | 5,702 | - | 5,702 |
| Depreciation | 342,837 | - | 342,837 | 112,162 | - | 112,162 |
| Lossondisposaloftangible | ||||||
| fixedassets | 1,954 | - | 1,954 | - | ||
| Supportofficecosts | 69,033 | - | 69,033 | 63,507 | - | 63,507 |
| Governance(note5) | 62,215 | - | 62,215 | 62,117 | 62,117 | |
| Totalfunds | 1,312,987 | - | 1,312,987 | 1,103,558 | - | 1,103,558 |
| Governancecosts | ||
|---|---|---|
| Unrestricted | ||
| Total | Total | |
| funds | funds | |
| 2022 | 2021 | |
£ |
£ |
|
| Auditandaccountancyfees | 20,577 | 16,550 |
| Otherprofessionalfees | 1,371 | 10,999 |
| Staffandagencycosts | 23,009 | 18,174 |
| Othercosts | 17,258 | 16,394 |
| Totalfunds | 62,215 | 62,117 |
| 2022 | 2021 | |
|---|---|---|
£ |
£ |
|
| Staffcosts(note7) | 502,463 | 501,394 |
| Auditor'sremuneration(includingVAT) | ||
| .Statutoryauditservices | 16,157 | 16,550 |
| .Other:payroll,HR,taxationandadvisoryservices | 4,420 | 9,803 |
| Operatingleaserentals | 9,984 | 10,032 |
| Depreciation | 342,837 | 112,162 |
| 2022 | 2021 | |
|---|---|---|
£ |
£ |
|
| Staffcostsduringtheperiodwereasfollows: | ||
| Wagesandsalaries | 330,219 | 327,229 |
| Socialsecuritycosts | 29,498 | 28,128 |
| Otherpensioncosts | 27,680 | 27,306 |
| 387,397 | 382,663 | |
| Paymentstoagencystaff | 115,066 | 118,731 |
| 502,463 | 501,394 |
| 2022 | 2021 | |
|---|---|---|
| No. | No. | |
| SupportofmembersoftheCommunityofthe | ||
| SistersoftheLoveofGodandtheirministry | 15 | 15 |
| Tangiblefixedassets | ||||||
|---|---|---|---|---|---|---|
| Landand | buildings | |||||
| Furniture, | ||||||
| Building | plant | |||||
| Non- | improve- | and | Motor | |||
| Specialised | specialised | ments | equipment | vehicles | Total | |
| Group | £ | £ | £ | £ | £ | £ |
| Costorvaluation | ||||||
| At1February2021 | 2,500,000 | 10,000 | 5,313,071 | 370,911 | 28,674 | 8,222,656 |
| Reclassifications | 5,009,427 | (5,009,427) | — | |||
| Additions | 4,505,512 | 470,362 | 4,975,874 | |||
| Disposals | (54,015) | (54,015) | ||||
| At31January2022 | 12,014,939 | 10,000 | 303,644 | 787,258 | 28,674 | 13,144,515 |
| Cost | 9,514,939 | 10,000 | 303,644 | 787,258 | 28,674 | 10,644,515 |
| Deemedcost(1998valuation) | 2,500,000 | - | - | 2,500,000 | ||
| 12,014,939 | 10,000 | 303,644 | 787,258 | 28,674 | 13,144,515 | |
| Depreciation | ||||||
| At1February2021 | 1,054,167 | - | 108,527 | 334,964 | 28,672 | 1,526,330 |
| Chargeforyear | 240,299 | 23,121 | 79,417 | - | 342,837 | |
| Disposals | (52,059) | - | (52,059) | |||
| At31January2022 | 1,294,466 | 131,648 | 362,322 | 28,672 | 1,817,108 | |
| Netbookvalues | ||||||
| At31January2022 | 10,720,473 | 10,000 | 171,996 | 424,936 | 2 | 11,327,407 |
| At31January2021 | 1,445,833 | 10,000 | 5,204,544 | 35,947 | 2 | 6,696,326 |
| Landand | buildings | |||||
|---|---|---|---|---|---|---|
| Furniture, | ||||||
| Building | plant | |||||
| Non- | improve- | and | Motor | |||
| Specialised | specialised | ments | equipment | vehicles | Total | |
| Charity | £ | £ | £ | £ | £ | £ |
| Costorvaluation | ||||||
| At1February2021 | 2,500,000 | 10,000 | 5,649,520 | 370,911 | 28,674 | 8,559,105 |
| Reclassifications | 5,345,877 | (5,345,877) | — | — | ||
| Additions | 4,816,230 | 499,753 | 5,315,983 | |||
| Disposals | (54,015) | (54,015) | ||||
| At31January2022 | 12,662,107 | 10,000 | 303,643 | 816,649 | 28,674 | 13,821,073 |
| Cost | 10,162,107 | 10,000 | 303,643 | 816,649 | 28,674 | 11,321,073 |
| Deemedcost(1998valuation) | 2,500,000 | — | 2,500,000 | |||
| 12,662,107 | 10,000 | 303,643 | 816,649 | 28,674 | 13,821,073 | |
| Depreciation | ||||||
| At1February2021 | 1,054,167 | 108,527 | 334,964 | 28,672 | 1,526,330 | |
| Chargeforyear | 253,242 | 23,050 | 82,616 | - | 358,908 | |
| Disposals | - | (52,059) | (52,059) | |||
| At31January2022 | 1,307,409 | 131,577 | 365,521 | 28,672 | 1,833,179 | |
| Netbookvalues | ||||||
| At31January2022 | 11,354,698 | 10,000 | 172,066 | 451,128 | 2 | 11,987,894 |
| At31January2021 | 1,445,833 | 10,000 | 5,540,993 | 35,947 | 2 | 7,032,775 |
| Investments | ||
|---|---|---|
| 2022 | 2021 | |
| Group | £ | £ |
| Listedinvestments | ||
| Marketvalueat1February2021 | 16,311,150 | 20,223,628 |
| Purchases | 500,000 | |
| Disposals(proceeds:£500,000;gains:£44,030) | (455,970) | (4,593,528) |
| Netunrealisedgainsonrevaluation | 1,688,228 | 681,050 |
| Marketvalueat31January2022 | 18,043,408 | 16,311,150 |
| Costat31January2022 | 4,849,966 | 4,476,166 |
| Sharesin | |||
|---|---|---|---|
| subsidiary | Listed | ||
| company | investments | 2022 | |
| Charity | |||
| Marketvalueat1February2021 | 1 | 16,311,150 | 16,311,151 |
| Purchases | 500,000 | 500,000 | |
| Disposals(proceeds:£500,000;gains:£44,030) | (455,970) | (455,970) | |
| Netunrealisedgainsonrevaluation | 1,688,228 | 1,688,228 | |
| Marketvalueat31January2022 | 1 | 18,043,408 | 18,043,409 |
| Costat31January2022 | 1 | 4,849,966 | 4,849,967 |
| Sharesin | |||
| subsidiary | Listed | ||
| company | investments | 2021 | |
| Charity | £ | £ | £ |
| Marketvalueat1February2020 | 1 | 20,223,628 | 20,223,629 |
| Disposals(proceeds:£4,499,999;losses:£93,529) | - | (4,593,528) | (4,593,528) |
| Netunrealisedgainsonrevaluation | 681,050 | 681,050 | |
| Marketvalueat31January2021 | 1 | 16,311,150 | 16,311,151 |
| Costat31January2021 | 1 | 4,476,166 | 4,476,167 |
| Stock | ||||
|---|---|---|---|---|
| Groupand | Groupand | |||
| Charity | Charity | |||
| 2022 | 2021 | |||
£ |
£ |
|||
| Goodsforresale | 22,364 | 23,261 | ||
| Debtors | ||||
| Group | Group | Charity | Charity | |
| 2022 | 2021 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Investmentincomeandinterestreceivable | 165,996 | 165,405 | 166,647 | 169,762 |
| Legaciesreceivable | 72,745 | 51,000 | 72,745 | 51,000 |
| Otherdebtors | 3,832 | 983 | 3,831 | 983 |
| Prepaymentsandotheraccruedincome | 29,062 | 70,861 | 29,062 | 67,680 |
| VATrecoverable | 23,821 | 111,656 | ||
| 295,456 | 399,905 | 272,285 | 289,425 |
| Group | Group | Charity | Charity | |
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Presscreditors | 1,489 | 1,421 | 1,489 | 1,421 |
| Socialsecurityandothertaxes | 11,239 | 9,930 | 11,239 | 9,930 |
| Expensecreditors | 113,961 | 41,500 | 19,696 | 26,724 |
| Buildingrefurbishment | 365,636 | 549,106 | — | |
| Accruals | 64,787 | 35,843 | 57,987 | 34,343 |
| Amountsduetosubsidiary | — | — | 250,544 | 235,571 |
| 557,112 | 637,800 | 340,955 | 307,989 |
| Property | OfficeEquipment | OfficeEquipment | ||
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
£ |
£ |
£ |
£ |
|
| Amountsdue: | ||||
| Withinoneyear | 38,263 | 130,580 | 10,033 | |
| Withinonetotwoyears | — | 30,852 | - | 6,505 |
| Withintwotofiveyears | - | - | 19,516 | |
| Morethanfiveyears | 244 | |||
| 38,263 | 161,432 | 36,298 |
| unexpendedbala purposes: |
ncesofdonati | onsandgra | ntsheldontr | usttobeappl | iedforspecifi | c |
|---|---|---|---|---|---|---|
| At1 | At31 | |||||
| February | Investment | January | ||||
| Groupand | 2021 | Income | Expenditure | gains |
Transfers | 2022 |
| Charity | £ | £ | £ | £ | £ | £ |
| Charitablefund | 172,874 | 5,010 | (4,500) | 18,006 | 300 | 191,690 |
| At1 | At31 | |||||
| February | Investment | January | ||||
| 2020 | Income | Expenditure | gains | Transfers | 2021 | |
| £ | £ | £ | £ | £ | £ | |
| Charitablefund | 160,953 | 4,830 | (2,154) | 6,959 | 2,286 | 172,874 |
| Tangiblefixedassetsfund | ||
|---|---|---|
| Total | Total | |
| 2022 | 2021 | |
| Group | £ |
£ |
| At1February2021 | 6,696,326 | 2,218,284 |
| Netmovementinyear | 4,631,081 | 4,478,042 |
| At31January2022 | 11,327,407 | 6,696,326 |
| Total | Total | |
| 2022 | 2021 | |
| Charity | £ |
£ |
| At1February2021 | 7,032,775 | 2,246,782 |
| Netmovementinyear | 4,955,119 | 4,785,993 |
| At31January2022 | 11,987,894 | 7,032,775 |
| At1 | At31 | |||
|---|---|---|---|---|
| February | New | Utilisedor | January | |
| 2021 | designations | released | 2022 | |
| £ | £ | £ | £ | |
| Oldageandinfirmityfund | 9,000,000 | - | (500,000) | 8,500,000 |
| Discretionarygivingfund | 5,663,350 | 168,850 | (163,350) | 5,668,850 |
| Propertyfund | 5,000,000 | 152,441 | (4,152,441) | 1,000,000 |
| 19,663,350 | 321,291 | (4,815,791) | 15,168,850 | |
| At1 | At31 | |||
| February | New | Utilisedor | January | |
| 2020 | designations | released | 2021 | |
| £ | £ | £ | £ | |
| Oldageandinfirmityfund | 9,000,000 | - | 9,000,000 | |
| Discretionarygivingfund | 5,500,000 | 163,350 | - | 5,663,350 |
| Propertyfund | 8,500,000 | 1,000,000 | (4,500,000) | 5,000,000 |
| 23,000,000 | 1,163,350 | (4,500,000) | 19,663,350 |
| General | |||||
|---|---|---|---|---|---|
| andnon- | Tangible | Total | |||
| charitable | fixedassets | Designated | Restricted | funds | |
| tradingfund | fund |
funds | funds | 2022 | |
| Group | |||||
| Fundbalances | |||||
| at31January2022 | |||||
| arerepresentedby: | |||||
| Tangiblefixedassets | - | 11,327,407 | - | 11,327,407 | |
| Investments | 2,689,895 | - | 15,168,850 | 184,663 | 18,043,408 |
| Netcurrentassets | 2,243,672 | 7,027 | 2,250,699 | ||
| Totalnetassets | 4,933,567 | 11,327,407 | 15,168,850 | 191,690 | 31,621,514 |
| General | |||||
| andnon- | Tangible | Total | |||
| charitable | fixedassets | Designated | Restricted | funds | |
| tradingfund | fund | funds | funds | 2021 | |
| Group | £ |
£ |
£ |
£ |
£ |
| Fundbalances | |||||
| at31January2021 | |||||
| arerepresentedby: | |||||
| Tangiblefixedassets | 6,696,326 | — | 6,696,326 | ||
| Investments | 16,144,492 | 166,658 | 16,311,150 | ||
| Netcurrentassets | 4,087,367 | 3,518,858 | 6,216 | 7,612,441 | |
| Totalnetassets | 4,087,367 | 6,696,326 | 19,663,350 | 172,874 | 30,619,917 |
| Tangible | Total | ||||
| General | fixedassets | Designated | Restricted | funds | |
| fund | fund | funds | funds | 2022 | |
| Charity | £ | £ | £ | £ | £ |
| Fundbalances | |||||
| at31January2022 | |||||
| arerepresentedby: | |||||
| Tangiblefixedassets | - | 11,987,894 | 11,987,894 | ||
| Investments | 2,689,896 | 15,168,850 | 184,663 | 18,043,409 | |
| Netcurrentassets | 2,243,671 | 7,027 | 2,250,698 | ||
| Totalnetassets | 4,933,567 | 11,987,894 | 15,168,850 | 191,690 | 32,282,001 |
| Tangible | Total | ||||
| General | fixedassets | Designated | Restricted | funds | |
| fund | fund | funds | funds | 2021 | |
| Charity | £ | £ | £ | £ | £ |
| Fundbalances | |||||
| at31January2021 | |||||
| arerepresentedby: | |||||
| Tangiblefixedassets | - | 7,032,775 | - | 7,032,775 | |
| Investments | 1 | - | 16,144,492 | 166,658 | 16,311,151 |
| Netcurrentassets | 4,087,366 | - | 3,518,858 | 6,216 | 7,612,440 |
| Totalnetassets | 4,087,367 | 7,032,775 | 19,663,350 | 172,874 | 30,956,366 |
| follows: | ||
|---|---|---|
| 2022 | 2021 | |
| Groupandcharity | ||
| Reconciliationofmovementsinunrealisedgainsoninvestment | ||
| assets | ||
| Accumulatedunrealisedgainsat1February2021 | 11,834,984 | 14,420,703 |
| Netgainsarisingonrevaluationinperiod | 1,688,228 | 681,050 |
| Less:releasedondisposalofinvestments | (329,770) | (3,266,769) |
| Accumulatedunrealisedgainsat31January2022 | 13,193,442 | 11,834,984 |