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## 29/01/2025
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|||UnrestrictedFunds|UnrestrictedFunds||||
|---|---|---|---|---|---|---|
||Notes|EndowmentGeneral||TotalFunds|||
|Incomefrom:||Fund
cf,|Fund|2024
gf|2023||
|Investment income|2||291,628 291,628|||261,455|
|Totalincome|||291,628 29t,628|||261,455|
|Expenditure:|||||||
|Costsof raising funds|J||7,845|4,904||11)4|
|Charitable activities|4||298,820|301,760||284,942|
|Totalexpenditure|||306,665 306,664|||289,666|
|NET EXPENDITUREbeing netmovement
infundsbefore gains andlosseson|||(15,037) (15,037)|||(27,211)|
|investments|||||||
|Realised gains/(losses) on investments||(11,481)||(11,481)|||
|Unrealisedgains/(losses) on investments|7|1,261,829||1,261,829|1,339,089||
|NET MOVEMENTSINF'UNDS||1,250,348(15,037)1,235,311|||1,317,877||
|R.ECONCILIATIONOF FUNDS|10||||||
|Totalfundsbrought forward||20,037,953|115,844|20,153,79718,941,920|||
|Totalfundscarriedforward||21,288,302|100,808|21,389,11020,153,797|||
##
##
|||2024|2023|
|---|---|---|---|
||Note|c|f|
|INVESTMENTS||||
|Property|7|16,342,180|15,825,010|
|QuotedInvestments|7|4,912,448|4,099,656|
|Other|7|10,419|93,928|
|||21,265,047|20,0I8,594|
|CURRENTASSETS||||
|Debtors|8|34s||
|Cashatbank andinhand||202,119|226,044|
|||202,462|226,044|
|CURRENTLIABILITIES||||
|Creditors -duewithinone y€ar|9|78,400|90,841|
|NETCURRENTASSETS||124,064|135,203|
|NETASSETS||21,389,110|20,153,797|
|Thefunds ofthecharity:||||
|UNRESTRICTEDT'UNDS||||
|- Endowment|l0|21,288,302|20,037,953|
|-General|l0|100,808|t|s,844|
|TOTALF'UNDS||21,389,110|20,153,',797|
##
##
|RECONCILIATIONOFNETMOVEMENTINFUNDS|2024|2023|
|---|---|---|
|TO NETCASH F'LOWFROM OPERATINGACTIVITIES|f|c|
|Net movementinfunds|1,235,311|1,371,977|
|Deduct dividends,interest and rentsfrominvestments|(291,628)|(261,455)|
|Deductrealised(gain)/losson investments|II,481|(1,339,099)|
|Deductunrealised(gain)/losson investments|(1,261,829)||
|Decrease/(increase)indebtors|(345)|21|
|Increase/(decrease)increditors|(12,441)|47,513|
|Netcash usedinoperating activities|(319,451)|(241,132)|
|Cash flowsfrominvesting activities:|||
|Dividends,interest and rentfrominvestments|291,628|261,455|
|Movement incashheldwithinvestment managers|110,388|5,391|
|Purchaseofinvestments|(190,000)||
|Proceedsfromsaleofinvestments|83,510||
|Netcashprovided by investing activities|295,526|266,836|
|Changeincashandcashequivalentsintheyear|(23,925)|25,704|
|Cash andcashequivalentsbroughtforward|226,044|200,340|
|Cash andcashequivalentscarried forward|202,119|226,044|
|Netfunds reconciliation|||
|Cashatbank|202,119|226,044|
|Cash andcashequivalents|202,t19|226,044|
##
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##
|2.|FINANCIALINVESTMENT INCOME|2024|2023|
|---|---|---|---|
|||f|f|
||Dividends|61,628|41,455|
||Rent|230,000|220,000|
|||291,628|261,455|
|||2024|2023|
|3.|COSTOF'RAISINGFUNDS|f|f|
||Investmentmanagerfees
Sundry Expenses|4,894ll|3,724|
||LegalFees|2,940||
|||7,845|3,724|
|||2024|2023|
|4.|CHARITABLE ACTIVITIES|f|f|
||Grants(seenote 5)|278,398|220,754|
||Grantswrittenback|(1s,005)||
||BankCharges|200|40|
||Subscriptions|97|890|
||Grant supportcosts(seenote 6)|10,000|10,000|
||Govemance costs(seenote6)|30,520|26,438|
||Expenditureoncharitableobjects(writtenbackin previousyear)|(5,390)|26,820|
|||298,820|284,942|
##
##
|TheTrustmade grantsto87recipients(2023:92) withatotal value of1278}98(2
to the organisations detailedbelowinalphabetical order: -|023:f220,754)|
|---|---|
|Organisation|Grantf|
|63rd Peterborough (StKyneburgha)Scout Group|1,500|
|Adfam|2,500|
|Angel Fair (re:SueRyder)|2,500|
|Anna'sHope|s00|
|Barnsley Hospice|2,500|
|BlindVeteransUK|5,000|
|BritishandForeignBibleSociety|1,000|
|Cancer ResearchUK|2,500|
|Castor&Ailsworth,StKyneburghaPCC|3,000|
|ChapterofPeterborough Cathedral|1,000|
|Christmas Treesto LocalChurches and Schools, Peterborough|2,905|
|ChurchArmy|620|
|Concerteenies|2,500|
|Country Trust|2,500|
|Countryside Learning|2,500|
|CurlewAction|2,000|
|CyclistsFightingCancer|5,000|
|Cystic FibrosisCare|2,500|
|DeafBlindUK|2,500|
|DisabilityHuntingdonshire|1,000|
|Dore Parochial Church Council|2,000|
|EastAngliaAirAmbulance|2,000|
|EastAnglia's Children'sHospices|500|
|EndeavourTraining Ltd|1,000|
|EtonCollege|300|
|EuropeanSquirrelInitiative|1,000|
|Facial PalsyUK|1,500|
|Foundling Museum|5,000|
|FriendsofPeterborough Cathedral|50|
|FriendsofStMary's Church|2,000|
|FriendsoftheSpafford Children'sCenterofJerusalem|1,000|
|Gary Clarke CompanyLtd|1,500|
|Guards ChapelTrust|25,000|
|HamertonPCC|5,000|
|Helping Empower Lives inPeterborough|2,500|
|Helpston Lawn Tennis Club|1,000|
|Hospicesof Hope|2,500|
|JamesPlace|2,500|
|JohnnyReynolds Foundation|1,000|
|Juvenile Diabetes ResearchFoundation|1,000|
|Kidology ArtsCIC|3,500|
|KingsCliffe&AreaCommunitySportsProjectLimited|1,500|
|Littlelifts|I,000|
|LlanfairDC Community Council|2,500|
|Maddie'sMiracle|1,000|
|Malton AmenityCIC|65,000|
|MarholmParishCouncil|875|
|MarholmParochial Church Council|10,000|
|Mausolea&Monuments Trust|48|
|Mission UkraineUKCIC|5,000|
|Musicin Hospitals&Care|1,000|
##
##
|Sub-totalcarriedforward|l95,69g|
|---|---|
|GRANTS (continued)||
|Organisation|€|
|Sub-totalbrought forward|195,698|
|NantClwydCricket Club|3,000|
|NationalGardens Scheme|2,500|
|NationalYouthChoirs ofGreatBritain|1,000|
|Neen Sollars PCC|1,000|
|NeneValleyCareTrust|2,000|
|NeneValleyRailwayLtd|2,000|
|NightingaleHouseHospice|200|
|NortonTrinityMethodist Church|2,000|
|PacesSheffield|2,000|
|PanathlonFoundation|I,000|
|ParishNursing MinistriesUK|1,000|
|Peterborough CathedralTrust|2,000|
|Premier Learning|1,000|
|RichardShephardMusic Foundation|2,000|
|RockinghamCollieryCricket Club|1,000|
|Rowan Humberstone|1,000|
|Ryedale SpecialFamilies|4,000|
|Samaritans|I,000|
|SandpiperTrust|1,000|
|SavetheChildren|2,000|
|SequalTrust|1,000|
|Songbird Survival|1,000|
|StAlphonsusandOur Lady Church, BlackmorePark|1,000|
|StKyneburghaBuildingPreservationTrust|2,500|
|TalkinTam Community Group|1,000|
|TheodoraChildren's Charity|1,000|
|ThomasTheyer Foundation|2,000|
|UkraineDrive|2,500|
|VeteransFoundation|2,500|
|WalesAirAmbulance Charitable Trust|1,000|
|WentworthWoodhouse PreservationTrust|26,000|
|WhizzKidz|1,000|
|YorkshireCancer Research|2,500|
|Yorkshire Children's Charity|2,500|
|YoungPeople'sCounsellingService|1,000|
|YrIfanc ynIal|1,500|
|Subtotal|278,398|
|GRANTSWRITTENBACK||
|Grantoffer withdrawn|(7,s00)|
|Credit relatingtoprioryear|(7,505)|
|GrandTotal|263,393|
##
##
##
|GRANTSUPPORTAND GOVERNAN|CECOSTS|||
|---|---|---|---|
||Grantsupport
f|Governance
f|2024
f|
|Auditors'remuneration:||||
|-
Audit||8,400|8,400|
|-
Tax||2,120|2,120|
|Secretarycosts|10,000|10,000|20,000|
|Managementcosts||10,000|10,000|
||10,000|30,520|40,520|
||Grantsupport
c|Governance
c|2023
t|
|Auditors'remuneration||||
|-
Audit||5,350|5,350|
|-
Tax||1,872|1,872|
|Secretarycosts|10,000|10,000|20,000|
|Managementcosts||9,216|9,216|
||10,000|26,438|36,438|
|7.|INVESTMENTS|Property
f|Quoted
t|Other
f|Total
f|
|---|---|---|---|---|---|
||Atvaluation 1April2023|15,825,010|4,099,656|93,928|20,018,594|
||Movementincash|||(83,510)|(83,510)|
||Additions||190,000||190,000|
||Disposals||(12I,868)||(l2l,868)|
||Unrealised gains|517,170|744,660||1,261,929|
||At3lMarch2024|16,342,180|4,912,448|10,418|21,265,046|
||Historiccost||l,'199,986|10,419||
||UKquoted||4,912,449|||
##
##
|8.|DEBTORS||2024|2023|
|---|---|---|---|---|
||||s|c|
||Prepayments||343||
||||343|f.-|
|9.|CREDITORS||2024|2023|
||Duewithinoneyear:||f|f|
||Tradecreditors|||1,356|
||Accrualsandincomeinadvance||lg,g0;|74,467|
||Grants payable||57,000|9,01g|
||Amountsowedtogroupundertakings||2,500||
||||78,400|90,841|
||Grants payableasat startofyear||9,018|27,000|
||Grantswritten back||(33,841)|(4,000)|
||Grantsapproved in year||345,216|225,744|
||Grantspaid||(263,393)|(239,726)|
||Grants payableasat endofyear||57,000|_i4tt|
|10.|RECONCILIATIONOFUNRESTRICTEDFUNDS||||
||(seenote1(b)forexplanationoffunds)|Unrestricted funds
EndowmentGeneral||Total|
|||Fund
cf|Fund|Funds
f|
||At1April2023|20,037,953|I 15,844|20,153,797|
||Deficit fortheyear||(15,037)|(15,037)|
||Realised Gain/(losses)|(l1,481)||(l1,481)|
||UnrealisedGain/(losses)|1,261,829||1,261,829|
||At3lMarah2024|21,299,302 100,808||21,389,1l0|
||At1April2022|18,698,865|143,055|18,841,920|
||(Deficit) fortheyear||(27,211)|(27,211)|
||Unrealisedgains|1,339,088||1,339,088|
||At3lMarch2023||||
|||20,037,953 115,844||20,153,797|
##
##
|1I.ANALYSISOFNETASSETSBETWEENFUNDS|Endowment|General|Total|
|---|---|---|---|
||Fund|Fund|Funds|
||c|f|f|
|Investments|21,265,046||21,265,046|
|Currentassets||202,462|202,462|
|Currentliabilities||(78,400)|(78,400)|
||21,265,046|124,062|21,389,108|
|Inter-fundloan|34,736|(34,736)||
|Netassetsat3lMarch2024|21,299,782|89,326|21,389,109|
|Investments|20,018,594||20,018,594|
|Currentassets||226,044|226,041|
|Currentliabilities||(90,841)|(90,841)|
||20,018,594|135,203|20,153,797|
|Inter-fundloan|19,359|(19,359)||
|Netassetsat3lMarch2023|20,037,953|115,844|20,153,797|
##
##
##
|13.COMPARATIVEF'IGURESBYFUND||2023||
|---|---|---|---|
|||Unrestricted Funds||
||EndowmentGeneral||Total|
||Fund|Fund|Fund|
|Incomefrom:|ff||f|
|Investmentincome||261,455|261,455|
|Totalincome||261,455|261,455|
|Expenditure:||||
|Costsof raising funds||3,724|3,724|
|Charitable activities||284,942|284,942|
|Total expenditure||288,666|288,666|
|NET EXPENDITUREbeing net movementinfunds||||
|before gains andlosseson investments||(27,ztt)|(27,2t1)|
|Unrealised gains/(losses) on investments|l,33g,0gg||I,339,088|
|NET MOVEMENTSINFUNDS|1,339,099|(27,211)|1,311,977|
|RECONCILIATIONOF FUNDS||||
|Totalfundsbroughtforward|18,698,865|143,055|18,841,920|
|Totalfunds carriedforward|20,037,953|115,844|20,153,797|
##
##
||2024|2023|
|---|---|---|
||f|f,|
|ESTATE INCOME|||
|Otherrents|230,000|220,000|
|TOTALINCOME|230,000|220,000|
|ADMINISTRATION|||
|Netmanagementexpenses|38,142|32,980|
|Auditand accountancy|10,520|7,222|
|TOTALEXPENDITURE|48,662|40,202|
|NETESTATEINCOME|181,338|r79,828|
|ExpenditureonCharitableobjectswrittenback|5,390|(27,7t0)|
|Donations|(278,398)|(220,754)|
|Donations written back|15,005||
|Investment income|54,418|40,785|
|Interestreceivable|7,210|670|
|Deficitpre capitalgains|(15,037)|(27,2tl)|
|Realised gains/(losses) on investments|(1 I,481)|(11,481)|
|Unrealisedgains/(losses) on investments|l,26l,g2g|1,261,829|
|Net movementinfunds|1,235,311|1,311,877|
## EFCT Financial Statements 31.03.2024
## Final Audit Report
2025-01-29
Created: 2025-01-29 By: Thomas Robinson (Thomas.Robinson@armstrongwatson.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAkSAASpqpZHY86LEQPrfJHvYqGjzmRgP2
## "EFCT Financial Statements 31.03.2024" History
Document created by Thomas Robinson (Thomas.Robinson@armstrongwatson.co.uk) 2025-01-29 - 17:08:09 GMT- IP address: 86.166.74.93
Document emailed to Simon Turner (simon.turner@armstrongwatson.co.uk) for signature 2025-01-29 - 17:09:19 GMT
Email viewed by Simon Turner (simon.turner@armstrongwatson.co.uk) 2025-01-29 - 17:09:56 GMT- IP address: 172.167.202.115
Document e-signed by Simon Turner (simon.turner@armstrongwatson.co.uk) Signature Date: 2025-01-29 - 20:56:07 GMT - Time Source: server- IP address: 31.52.163.76
Agreement completed.
2025-01-29 - 20:56:07 GMT