| abeg | |
|---|---|
| LuYOd3ySaaLSnyl | |
| SAILMIGISNOdS3Y.SAALSNYLAOLNAWALVLS | |
| LYOd4yS.YOLIGNVLNSQNAdSOqNI | |
| SAILIALLOVTWIONVNIA40LNAWALVLS | |
| LAAHSADNV1VE | |
| SLNNOOOV SHLOLSALON |
| Unrestricted | Endowment | Total | Unrestricted | Endowment | Total | |
|---|---|---|---|---|---|---|
| Fund | Fund | Fund | Fund | Fund | Fund | |
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | |
| £ | £ | £ | £ | £ | £ | |
| Incomefrom: | ||||||
| Investments | 97,035 | - | 97,035 | 98,907 | - | 98,907 |
| Expenditureon: | ||||||
| Charitableactivities | 90,245 | - | 90,245 | 88,570 | - | 88,570 |
| (Note3) | ||||||
| Realisedlosson | ||||||
| Investment | ‘a | « | 4,432 | 4,432 | ||
| Net(losses)/gains | ||||||
| oninvestments(Note | ||||||
| 4) | - |
(236,871) |
(236,871) |
- |
177,630 |
177,630 |
| NetIncome/ | ||||||
| (Expenditure) | 6,790 | (236,871) | (230,081) | 10,337 | 173,198 | 183,535 |
| TotalFundsbrought | ||||||
| forwardat1April | ||||||
| 2022 | 134,743 | 2,666,044 | 2,800,787 | 124,406 | 2,492,846 | 2,617,252 |
| TotalFundscarried | ||||||
| forwardat31March | ||||||
| 2023 | 141,533 |
2,429,173 |
2,570,706 |
134,743 |
2,666,044 |
2,800,787 |
| ANALYSISOFEXPENDITURE | Direct | Support | Total | Total | |
|---|---|---|---|---|---|
| costs | costs | 2023 | 2022 | ||
| £ | £ | £ | £ | ||
| GrantstoNorthLondonCollegiateSchool | |||||
| MusicScholarshipawards | 45,000 | - | 45,000 | 41,000 | |
| AdvancementofEducationinScience | |||||
| -ScienceEquipment | 10,510 | - | 10,510 | - | |
| -ScienceLaboratories -RefurbishmentofGreenHouse |
33,000 - |
- - |
33,000 - |
33,741 6,000 |
|
| AnnualSciencePrize | 150 | - | 150 | 150 | |
| Othercharitableandeducationalpurposes | |||||
| -SupplementarygrantstoBursaryHolders | 4,000 | - | 4,000 | 3,000 | |
| -Choralandinstrumentalmasterclasses | 2,250 | ” | 2,250 | 2,942 | |
| -Organrepair | - | - | - | 9,000 | |
| UnusedamountsreturnedtoTrust | (8,265) | (8,265) | (9,723) | ||
| Governance Auditfee |
- | 3,600 | 3,600 | 2,460 | |
| Total | 86,645 |
3,600 |
90,245 |
88,570 |
|
| INVESTMENTS | |||||
| InvestmentsoftheTrustcomprise: | Market | value | |||
| 2023 | 2022 | ||||
| £ | £ | ||||
| UKlistedequities | 251,504 | 362,384 | |||
| M&GEquitiesFundforCharities BlackRockCharitiesEquitiesFund COIFCharitiesInvestmentFund BlackRockGrowthandIncomeFund COIFCharitiesFixedInterestFund NewtonGrowthandIncomeFund |
830,575 98,365 606,492 287,886 242,702 111,649 |
884,638 99,424 630,111 317,547 258,272 113,668 |
|||
2,429,173 |
2,666,044 |
||||
| Movementsduringtheyearwere: | Market |
Market |
|||
| Value2023 | Value2022 | ||||
| £ | £ | ||||
| Broughtforwardat1April2022 Realisedloss oninvestment Unrealised(losses)/gains |
2,666,044 - (236,871) |
2,492,846 (4,432) 177,630 |
|||
| Carriedforwardat31March2023 | 2,429,173 |
2,666,044 |
|||
| Investmentmanagerfeesarerecoveredwithin | pooledinvestment | funds |
| ACCRUEDINCOME | 2023 | 2022 | |||
|---|---|---|---|---|---|
| £ | £ | ||||
| GlaxoSmithKlineincome | 2,420 | 5,060 | |||
| NewtonGrowthandIncomeFund | 400 | 360 | |||
| BlackRock-InvestmentFunds | 3,050 | 2,875 | |||
| 5,870 | 8,295 | ||||
| CREDITORS | 2023 | 2022 | |||
| £ | £ | ||||
| NorthLondonCollegiateSchool | 166,887 | 80,241 | |||
| Othercreditors | 3,600 | 2,460 | |||
| 170,487 | 82,701 | ||||
| TRUSTEES | |||||
| NoneoftheTrusteesreceivedanyremuneration. | |||||
| NETMOVEMENTINFUNDS | |||||
| Netmovementinfundsfortheyearisstatedaftercharging | thefollowing: | 2023 | 2022 | ||
| £ | £ | ||||
| Amountspaidtoauditors | |||||
| Auditservices—CroweU.K.LLP | 3,600 | 2,460 | |||
| 3,600 | 2,460 | ||||
| ANALYSISOFNETASSETSBETWEENFUNDS | |||||
| Fundbalancesat31March2023are | representedby: | ||||
| Total | Total | ||||
| Unrestricted | Endowment | Funds | Funds | ||
| Funds | Funds | 2023 | 2022 | ||
| £ | £ | £ | £ | ||
| FixedAssetsandInvestments | - | 2,429,173 | 2,429,173 | 2,666,044 | |
| CurrentAssets | 312,020 | - | 312,020 | 217,444 | |
| Creditors | |||||
| Amountsfallingduewithinoneyear | (170,487) | - | (170,487) | (82,701) | |
| Carriedforwardat31March2023 | 141,533 |
2,429,173 |
2,570,706 |
2,800,787 |
| At1April | Unrealised | At31March | ||||
|---|---|---|---|---|---|---|
| 2022 | Income | Expenditure | loss | 2023 | ||
| £ | £ | £ | £ | £ | ||
| EndowmentFunds | 2,666,044 | - | - | (236,871) | 2,429,173 | |
| UnrestrictedFunds | 134,743 | 97,035 | (90,245) | - | 141,533 | |
| Total | 2,800,787 |
97,035 |
(90,245) |
(236,871) |
2,570,706 |
|
| 11 | COMPARATIVENOTES-ANALYSISOFNETASSETS | BETWEENFUNDS | ||||
| Fundbalancesat31March2022arerepresentedby: | Total | Total | ||||
| Unrestricted | Endowment | Funds | Funds | |||
| Funds | Funds | 2022 | 2021 | |||
| £ | £ | £ | £ | |||
| FixedAssetsandInvestments | - | 2,666,044 | 2,666,044 | 2,492,846 | ||
| CurrentAssets | 217,444 | - | 217,444 | 239,156 | ||
| Creditors Amountsfallingduewithinoneyear |
(82,701) |
- |
(82,701) |
(114,750) |
||
| Carriedforwardat31March2022 | 134,743 |
2,666044 |
2,800,787 |
2,617,252 |
||
| COMPARATIVENOTES-STATEMENT | OFFUNDS | |||||
| At1April | (Realisedloss) | At31March | ||||
| 2021 | Income. | Expenditure | unrealisedgain | 2022 | ||
| £ | £ |
£ |
£ |
£ | ||
| EndowmentFunds | 2,492,846 | - | - | (4,432) | ||
| 177,630 | 2,666,044 | |||||
| UnrestrictedFunds | 124,406 | 98,907 | (88,570) |
134,743 |
||
| Total | 2,617,252 |
98,907 |
(88,570) |
173,198 |
2,800,787 |