| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Endowment | Unrestricted | Total | Endowment | Unrestricted | Total | |||
| Note | Funds f |
Funds | Funds | Funds | ||||
| Income and endowments | ||||||||
| Investment income |
3 | 83,943 | 83,943 | 73,718 | 73,718 | |||
| Total income | 83,943 | 83,943 | 73,718 | 73,718 | ||||
| Expenditure on: |
||||||||
| Costs ofgenerating | funds | 4 | 25,334 | 25,334 | 29,279 | 29,279 | ||
| Charitable activities |
5 | 2,094 | 420,047 | 422,141 | 2,159 | 440,131 | 442,290 | |
| Total expenditure | 27,428 | 420,047 | 447,475 | 31,438 | 440,131 | 471,569 | ||
| Net income/(expenditure) | ||||||||
| before net gains/(losses) | ||||||||
| on investments | (27,428) | (336,104) | (363,532) | (31,438) | (366,413) | (397,851) | ||
| Net gains/(losses) | on | |||||||
| Investments | (98,053) | (98,053) | (23,834) | (23,834) | ||||
| Net income/(expenditure) | (125,481) | (336,104) | (461,585) | (55,272) | (366,413) | (421,685) | ||
| Transfer between | funds | 7 | (335,900) | 335,900 | (366,500) | 366,500 | ||
| Net movement in |
funds | (461,381) | (204) | (461,585) | (421,772) | 87 | (421,685) | |
| Reconciliation of |
funds | |||||||
| Total funds brought | forward | 4,256,743 | 280 | 4,257,023 | 4,678,515 | 193 | 4,678,708 | |
| Total funds carried forward | 3,795,362 | 76 | 3,795,438 | 4,256,743 | 280 | 4,257,023 |
| for the year ended | 5April | 2023 | |||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Total | Total | ||||
| Note | |||||
| Fixed assets | |||||
| Investments at market |
value | 2 | 3,579,614 | 4,099,812 | |
| Current assets | |||||
| Cash at bank and with investment | managers | 232,469 | 172,865 | ||
| Accrued income | 3,804 | 3,126 | |||
| 236,273 | 175,991 | ||||
| Liabilities | |||||
| Creditors: amounts | falling due | within one year | |||
| Investment managers' |
charges | 6,232 | 6,897 | ||
| Accountants' charges |
2,463 | 2,266 | |||
| Auditors' remuneration |
3,537 | 3,255 | |||
| Charity consultancy services |
8,217 | 6,362 | |||
| 20,449 | 18,780 | ||||
| Net current assets/(liabilities) | 215,824 | 157,211 | |||
| Net assets | 3,795,438 | 4,257,023 | |||
| Allocation ofthe charity net assets: | |||||
| The net assets are held for the | |||||
| various funds as follows:- | |||||
| Expendable endowment |
11 | 3,195,362 | 3,656,743 | ||
| Designated reserve |
11 | 600,000 | 600,000 | ||
| Unrestricted income |
funds | 76 | 280 | ||
| Total charity funds | 3,795,438 | 4,257,023 |
| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | ||||||
| 2023 | 2022 | ||||||
| Note | |||||||
| Net cash | provided by/ (used in) operating |
activities | 10 | (446„484) | (460,674) | ||
| Cashflows | from investing activities: |
||||||
| Dividends | and interest from | investments | 83,943 | 73,718 | |||
| Proceeds | from sale ofinvestments | 1,010,247 | 651,243 | ||||
| Purchase | of investments | (588,102) | (362,196) | ||||
| Net cash | provided by/(used in) investing |
activities | 506,088 | 362,765 | |||
| Change in |
cash and cash equivalents | in the | reporting | period | 59,604 | (97,909) | |
| Cash and | cash equivalents | brought forward | 172,865 | 270,774 | |||
| Cash and | cash equivalents | carried | forward | 232,469 | 172,865 | ||
| Representing: | |||||||
| Investment | managers' bank |
accounts | 232,469 | 172,865 | |||
| 232,469 | 172,865 |
| 2. Fixed |
asset investments | 2023 | 2022 |
|---|---|---|---|
| Market value | at 6 April 2022 | 4,099,812 | 4,412,693 |
| Additions | 588,102 | 362,196 | |
| Disposals | (1,010„247) | (651,243) | |
| Net investment (losses)/gains |
(98,053) | (23,834) | |
| Market value | at 5April 2023 | 3,579,614 | 4,099,812 |
| Investments | in the UK | 1,645,410 | 1,647,176 |
| Investments | outside the UK | 1,934,204 | 2,452,636 |
| Historical cost at 5 April 2023 | 2,626,077 | 2,687,553 |
| 4. | Costs ofgenerating | Costs ofgenerating | Costs ofgenerating | funds | 2023 | 2022f |
|---|---|---|---|---|---|---|
| Investment | management | fees | 25,334 | 29,279 | ||
| 25,334 | 29,279 |
| 5. | Charitable Activities |
Charitable Activities |
Charitable Activities |
2023 | 2022 | ||
|---|---|---|---|---|---|---|---|
| Grants and donations | (note 12) | 386,581 | 407,276 | ||||
| Support and governance | costs | (below) | 35,560 | 35,014 | |||
| 422,141 | 442,290 | ||||||
| Support costs | |||||||
| Legal charges | 2,094 | 2,159 | |||||
| Grant administration | 25,712 | 24,780 | |||||
| Subscription to Association |
ofCharitable | Foundations | 1,037 | 988 | |||
| Sundry expenses | 755 | 1,498 | |||||
| Governance costs |
|||||||
| Accountants' charges |
2,342 | 2,266 | |||||
| Auditors' remuneration |
3,537 | 3,250 | |||||
| Other | |||||||
| Trustees' expenses | |||||||
| Bank charges | 83 | 73 | |||||
| 35,560 | 35,014 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Net movement in funds |
(461,585) | (421,685) | |||||
| Deduct interest income shown | in investing | activities | (83,943) | (73,718) | |||
| Deduct gains/add | back losses on investments | 98,053 | 23,834 | ||||
| (Increase)/decrease | in debtors | (678) | 4,374 | ||||
| Increase/(decrease) | in creditors | 1,669 | 6,521 | ||||
| (446,484) | (460,674) | ||||||
| 11. Funds |
|||||||
| Designated fund |
Brought | Transferred | Expended | 2023 | 2022 | ||
| Forward | |||||||
| E | |||||||
| Grants and costs | reserved | 600,000 | 600,000 | 600,000 | |||
| 600,000 | 600,000 | 600,000 | |||||
| 2022 Comparative | |||||||
| Designated fund |
Brought | Transferred | Expended | 2022 | 2021 | ||
| Forwardf | f | ||||||
| Grants and costs | reserved | 500,000 | 100,000 | 600,000 | 500,000 | ||
| 500,000 | 100,000 | 600,000 | 500,000 |
| 2023f | 2022 | ||||
|---|---|---|---|---|---|
| Action for Family Carers | 10,000 | 10,000 | |||
| Ambitious about Autism |
7,500 | ||||
| Arts 4 Dementia | 7,500 | 7,500 | |||
| Bag Books | 2,200 | 2,200 | |||
| Basildon Community | Resource Centre | 7,000 | |||
| Bayswater Institute |
3,000 | ||||
| Brentwood Schools | Christian | Workers Trust | 6,000 | 6,000 | |
| Challenge rs | 3,750 | 5,000 | |||
| Chance to Shine | 6,000 | ||||
| Chess Homeless | 15,000 | 15,000 | |||
| Churchgate School |
Harlow | 1,000 | 1,000 | ||
| Disasters and Emergency | Committee | 2,500 | 5,000 | ||
| Dr Edwin Doubleday | Trust | 500 | 500 | ||
| Essex Community Foundation |
10,000 | ||||
| Fresh Start New Beginnings | 10,000 | ||||
| Frozen Light | 5,000 | 5,000 | |||
| Gingerbread | 5,000 | ||||
| Harlow Citizens Advice Bureau | 15,500 | 15,500 | |||
| Harlow Parochial Church Council (St Mary's Church) |
20,000 | 20,000 | |||
| Home Start Essex | 10,000 | 10,000 | |||
| Home Start Essex - | Uttlesford | 5,177 | |||
| Hope House Essex | 5,000 | 6,500 | |||
| Hospice at Home Carlisle and | North | 20,000 | 18,000 | ||
| Ice & Fire Theatre | 7,500 | ||||
| Inclusion Ventures |
15,000 | ||||
| Interfaith Scotland |
4,000 | ||||
| Ipswich Housing Action Group |
15,000 | ||||
| Jaywick Community | Resource | Centre | 12,875 | 11,244 | |
| Jigsaw Trust | 10,000 | 10,000 | |||
| Magic Lantern | 8,000 | 8,000 | |||
| Maldon and District |
CAB | 7,000 | 7,000 | ||
| Michael Roberts Charitable | Trust (Harlow Food Bank) | 2,000 | 2,000 | ||
| Millrace Foundation | 4,500 | ||||
| Michael Roberts Charitable | Trust | 17,800 | 16,300 | ||
| National Theatre | 10,000 | 8,000 | |||
| National Youth Choirs ofGreat Britain |
1,550 | 1,050 | |||
| New Cut Arts | 3,000 | ||||
| NSPCC for Childline | 8,000 | 8,000 | |||
| Off the Streets | 15,000 | ||||
| Prisoners' Advice Service |
4,000 | 3,000 | |||
| Rainbow Services (Harlow) | 8,000 | 8,000 | |||
| Redbridge Carer's Support |
Service | 4,000 | 4,000 | ||
| School Readers | 5,000 | 5,000 | |||
| Signpost Colchester | 13,250 | 11,000 | |||
| Solomon Academic | Trust | 7,000 | 7,000 | ||
| Sports Leaders UK | (British | Sports Trust) | 9,000 | ||
| StClare Hospice | 5,000 | 5,000 |
| 2023f | 2022 | |||
|---|---|---|---|---|
| St Francis Hospice | 3,000 | 3,000 | ||
| StJohn's Arc | 2,000 | 1,000 | ||
| St Martin in the Fields Charity |
5,000 | 5,000 | ||
| Suffolk Refugee Support | 6,856 | 6,856 | ||
| Suffolk Wildlife Trust | 2,000 | 1,000 | ||
| Support Through Court |
5,000 | 5,000 | ||
| The Bearr Trust | 15,000 | |||
| The Bugatti Trust | 1,000 | 1,000 | ||
| The Chapman Centre Trust |
||||
| The Gibberd Garden | 5,000 | 5,000 | ||
| The Landworkers Alliance |
Ltd | 8,000 | ||
| The Panathlon Foundation |
4,800 | |||
| The Pioneer Sailing Trust | 30,000 | |||
| The Seed Box | 7,500 | 7,500 | ||
| The Wilderness Foundation |
5,000 | |||
| Think 18 | 15,000 | 15,000 | ||
| Time to change West Cumbria | CIC Limited | 5,000 | ||
| TuVida | 1,000 | |||
| Williams Syndrome Foundation |
1,000 | 1,000 | ||
| Young Enterprise for Young Money | 4,449 | |||
| 386,581 | 407,276 |