| Page | |||
|---|---|---|---|
| Report ofthe | Trustees | ||
| Independent | Examiner's | Report | |
| Statement of | Financial Activities | ||
| Balance Sheet | |||
| Notes to the | Financial Statements |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | E | E | 6 | f | ||||
| INCOME AND ENDOWMENTS | ||||||||
| Voluntary Income: |
||||||||
| Donations - General | 10,933 | 1,210 | ||||||
| Legacies - General | 33,161 | 135,000 | ||||||
| 136,210 | ||||||||
| Income from activities in furtherance |
ofcharitable | |||||||
| objects: | ||||||||
| Members subscriptions | 16,606 | 9,550 | ||||||
| Meals and transport | ||||||||
| 16,606 | 9,550 | |||||||
| Income from activities for generating | funds: | |||||||
| Other —General | 313 | 67 | ||||||
| 50'"Appeal | 100 | |||||||
| Investment income |
7,925 | 5,989 | ||||||
| Other operating income |
||||||||
| Job retention scheme Infection Prevention Grants |
grants &Control |
13,760 6,000 |
||||||
| TOTAL INCOME AND ENDOWMENI5 | 171,676 | |||||||
| EXPENDITURE | ||||||||
| Cost ofgenerating funds |
||||||||
| Cost ofactivities for charitable objectives | 2b(i) | 57,017 | 54,208 | |||||
| Support costs | 2b(ii) | 8,161 | 4,491 | |||||
| TOTAL EXPENDITURE | 65,178 | |||||||
| GAINS AND LOSSESON INVESTMENTS | ||||||||
| Net gain / (loss) on sale ofinvestment | (12,745) | (1,726) | ||||||
| Net gain / (loss) on revaluation | of investments | (18,698) | 21,971 | |||||
| TOTAL GAINS / (LOSSES)ON INVESTMENTS | 20,245 | |||||||
| NET INCOME/(EXPENDITURE) | (27,6$3) | 133,222 | ||||||
| NET MOVEMENT OF FUNDS | (27,6$3) | 133222 | ||||||
| BALANCE AT1JANUARY 2022 | 49$,208 | 364,986 | ||||||
| BALAN CEAT31DECEMBER 2022 | 470,525 | 49$,20& |
| AS AT31Dece | mber 2022 | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Notes | f | f | ||||
| Fixed Asset Investments | ||||||
| Equities | ||||||
| United Kingdom |
18,410 | 19,737 | ||||
| Europe excl. United Kingdom | 5,943 | 10,121 | ||||
| North America | 55,162 | 49,402 | ||||
| Japan | 4,248 | 4,627 | ||||
| Asia excl.Japan | 10,834 | 12,192 | ||||
| Emerging | Markets | 7,586 | 9,280 | |||
| Global | 56,399 | 78,085 | ||||
| Bonds | ||||||
| United Kingdom | 31,836 | 20,940 | ||||
| North America | 46,305 | 37,234 | ||||
| Emerging | Markets | 10,555 | ||||
| Global | 32,980 | 18,150 | ||||
| Alternatives | ||||||
| Property | ||||||
| Hedge Funds | 16,088 | 14,373 | ||||
| Commodities | 21,061 | 20,379 | ||||
| Other | 25,441 | 35,435 | ||||
| 332,293 | 340,510 | |||||
| Multi Asset Fund | 48,951 | |||||
| Schroder | Cash Deposit | 35,369 | 8,475 | |||
| 7 | 416,613 | 348,985 | ||||
| Current Assets | ||||||
| Debtors | 1,566 | 3,143 | ||||
| Cash at bank and | in hand | 55,269 | 147,205 | |||
| 56435 | 150,348 | |||||
| Creditors | due within one year | 2,923 | 1,125 | |||
| Net Current Assets | 53,912 | 149,223 | ||||
| Net Assets | 470,525 | 498,208 | ||||
| Income Funds | - Unrestricted | |||||
| General | Funds | 470,525 | 498,208 | |||
| 50'"Anniversary | Appeal Fund | |||||
| 470,525 | 498,208 |
| Costs ofActivities for Charitable objectives: | ||
|---|---|---|
| 2022 | 2021 | |
| E | E | |
| Salaries and agency costs | 55,267 | 52,638 |
| Members meals and transport | ||
| Functions | 250 | 70 |
| Rent | 1,500 | 1,500 |
| 57,017 | 54,208 |
| (ii) | Support Costs | : | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| E | E | ||||
| Investment | advisor fee | 1,667 | 1,734 | ||
| Office supplies, telephone | and broadband | 1,230 | 1,234 | ||
| Insurance | 656 | 593 | |||
| Recruitment | costs | 3,323 | |||
| Other | 1,285 | 930 | |||
| 8,161 | 4,491 | ||||
| GRANTS | AND DONATIONS | ||||
| No grants | or donations | were made in | the year. | ||
| EMPLOYEES | |||||
| Paid Employees: | 2022 | 2021 | |||
| E | 6 | ||||
| Gross Salaries | 54,800 | 52,153 | |||
| EmployeCs pension contribution | 467 | 485 | |||
| Total Staffcosts | 55,267 | 52,638 | |||
| No. | No. | ||||
| Engaged | in caring for dients | 3 | 4 | ||
| Management and Administration |
1 | 1 | |||
| Total |
| Market value atthe beginning | ofthe year | 340,510 | |
|---|---|---|---|
| Purchase of investments | 148,410 | ||
| Sale proceeds | (76,233) | ||
| Profit/(Loss) on sale | ~12745 | ||
| 59,432 | |||
| Net gain/(Loss) on Revaluation |
(18,698) | ||
| Market value atthe end ofthe year | 381,244 | ||
| Breakdown ofmarket value shown on the Balance Sheet: | |||
| Quoted investment | 381,244 | ||
| Cash held as part ofportfolio | 35,369 | ||
| 416,613 | |||
| ANALYSIS OF DEBTORS AND PREPAYMENTS | |||
| 2022f | 2021 f |
||
| Debtors | 1,149 | 2,746 | |
| Prepayments | 417 | 397 | |
| 1,566 | 3,143 | ||
| ANALYSIS OF CREDITORS DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | ||
| E | E | ||
| Trade Creditors | 2,923 | 1,125 | |
| 2,923 | 1,125 |