OpenCharities

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2023-06-30-accounts

General Designated Total Total
Fund Fund 2023 2022
g
Incoming resources
Incoming resources from
generated
funds:
Investment
income
(Note 2) 142,925 - 142,925 117,006
Donations
(Note 3)
50,014 50,014 200,000
Total incoming
resources
142,925 50,014 192939 317,006
Resources expended
Costs ofgenerating funds:
Direct charitable
activities:
Grants (Note 4) 158,750 158,750 261,450
Governance
costs (Note 5)
5,040 5,040 4,990
Trustee expenses reimbursed 241 241 174
Total resources expended 164,031 164,031 266,614
Net outgoing resources for the year
before (loss)/gain
on investments
(21,106) 50,014 28,908 50,392
Unrealised
gain/(loss)
on
investment
assets (Note
6) 172,345 172 45 208,929
Net movement
in funds
21,106 222,359 201453 158,53
Fund balances brought forward 477 6,210,891 6411,368 6,369,905
Transfer 21,000 (21,000)
Fund balances carried forward 371 6,412,250 6412621 6,211,368

2023 2022
UK investment income 131,116 116,464
Bank interest ~11S09 542

Caretree 70,000
Cornwall
Historic Churches
Trust 30,000
Cornwall
Community
Foundation (Cornwall Crisis Fund) 20,000
Cornwall
Community
Foundation (Young Carers Fund) 10,000
Hugs Foundation 5,000
Soil Association 2,500
Sensory Trust 2,000
Blind Veterans UK 2,000
Moor Poets 1,000
Revd Canon Perran Gay 1,000

Movement in fixed asset in fixed asset investments:
2023 2022
Market value I July 5,101,463 5,310,392
Add: net gain/(loss) on revaluation 172845 (208,929)
Market value as at 30 June 5 73,808 5,101,463
Investments at market value comprised:
2023 2022
Newton SRI Fund for Charities 5473,808 5,101,463
Market value as at 30 June 5 273,808 5,101,463
Debtors
2023 2022
UK investment
income
39)794 35,288
Bank interest 3,978 350
43,772 35,638

Credito rs: amounts
falling due w
ithin one year
2023 2022
Grants 80,000 31,700
Other creditors 5,200 10,414
85400 42,114

30 June 2023
General Designated
Investments 5,273,808
Current assets 85,571 1,138,442
Current liabilities (85,200)
371 6,412,250