| Page | |||
|---|---|---|---|
| Trustees' | annual report |
||
| Independent examiner's report to the trustees |
|||
| Statement | of financial | activities | |
| Statement | of financial | position | |
| Notes to | the financial | statements |
| Reference and administrative | Reference and administrative | Reference and administrative | details | |||
|---|---|---|---|---|---|---|
| Registered | charity | name | Charles Newman |
Memorial | Fund | |
| Charity registration | number | 270824 | ||||
| Principal offic | Cro Kent House | |||||
| 14-17Market Place | ||||||
| London | ||||||
| WIW 8AJ | ||||||
| The trustees | ||||||
| J Morgan | ||||||
| D Oakervee | ||||||
| P Bouverat | ||||||
| R Owen | ||||||
| S Fox | ||||||
| Independent | examiner | N Ruddick FCA SW Frankson | & Co | |||
| 364 High Street | ||||||
| Harlington | ||||||
| Hayes | ||||||
| Middlesex | ||||||
| UB3 5LF |
| 2023 | 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|
| Restricted | ||||||||
| funds | Total funds | Total funds | ||||||
| Note | 2 | 2 | ||||||
| Income and | endowments | |||||||
| investment | income | 4 | 27,809 | 27,809 | 23,648 | |||
| Total income | 27,609 | 27,809 | 23,646 | |||||
| Expenditure | ||||||||
| Expenditure | cn raising funds: | |||||||
| Investment management |
costs | 5 | (961) | (961) | (1,092) | |||
| Expenditure | on charitable | activities | 6 | (21,944) | (21,944) | (23,161) | ||
| Total expenditure | (22,905) | (22,905) | (24,253) | |||||
| Net (losses)/gains | cn investments | 7 | (47,697) | (47,697) | 78,983 | |||
| Net (expenditure)/income | and net movement | in funds | (42,793) | (42,793) | 78,378 | |||
| Reconciliation of |
funds | |||||||
| Total funds | brought | forward | 1,196,554 | 1,196,554 | 1,118,177 | |||
| Total funds | carried forward | 1,153,761 | 1,153,761 | 1,196,555 |
| 5 April 2023 | |||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Nots | 6 | 2 | |||||
| Fixed assets | |||||||
| Investments | 1,173,914 | 1,214,426 | |||||
| Current assets | |||||||
| Cash at bank and in hand | 21,961 | 5,919 | |||||
| Creditors: amounts | falling | due | |||||
| within one year | 12 | 42,134 | 23,790 | ||||
| Net current liabilities | 20,153 | 17,871 | |||||
| Total assets less current | liabilities | 1,153,761 | 1,196,555 | ||||
| Net assets | 1,153,76'I | 1,196,555 | |||||
| Funds ofthe charity | |||||||
| Restricted funds | 1,153,761 | 1,196,555 | |||||
| Total charity funds | 13 | 1,153,761 | 1,196,555 |
| 4, | Investment | income | income | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Restricted | Total Funds | Restricted | Total Funds | |||||||
| Funds | 2023 | Funds | 2022 | |||||||
| E | E | |||||||||
| income froin listed investments | 27,470 | 27,470 | 23,645 | 23,645 | ||||||
| Income from cash held | in | a | UK | |||||||
| investment | portfolio | 314 | 314 | |||||||
| Bank interest | receivable | 25 | 25 | |||||||
| 27,809 | 27,809 | 23,648 | 23,648 | |||||||
| 5. | Investment | management | costs | |||||||
| Restricted | Total Funds | Restricted | Total Funds | |||||||
| Funds | 2023 | Funds | 2022 | |||||||
| E | E | |||||||||
| Portfolio management | 600 | 600 | 600 | 600 | ||||||
| sanK cnarges | 361 | 361 | 492 | 492 | ||||||
| 961 | 961 | 1,092 | 1,092 | |||||||
| 6. | Expenditure | on charitable | activities | by fund type | ||||||
| Restricted | Total Funds | Restricted | Total Funds | |||||||
| Funds | 2023 | Funds | 2022 | |||||||
| E | ||||||||||
| Lighthouse | Construction | Industry | ||||||||
| Charity | 20,000 | 20,000 | 20,000 | 20,000 | ||||||
| Support costs | 1,944 | l,944 | 3,161 | 3,161 | ||||||
| 21,944 | 21,944 | 23,161 | 23,16'I |
| 7. | Net (losses)/ | gains on in |
vestme | nts | ||||
|---|---|---|---|---|---|---|---|---|
| Restricted | Total Funds | Restricted | Total Funds | |||||
| Funds | 2023 f |
Funds f |
2022 | |||||
| Revaluation | gains/(losses) | on listed | ||||||
| investments | (47,697) | (47,697) | 78,983 | 78,983 | ||||
| 8. | Independent | examination | fees | |||||
| 2023 | 2022 | |||||||
| f | ||||||||
| Fees payable | to the independent | examiner | for: | |||||
| Independent | examination | of the | financial | statements | 1,944 | 1,848 |
| Cash or cash | Listed | |||
|---|---|---|---|---|
| equivalents | investmentsf | Total f |
||
| Cost orvaluation | ||||
| At 6 April | 2022 | 24,273 | 1,190,153 | 1,214,426 |
| Additions | 13,300 | 13,300 | ||
| Disposals | (6,116) | (6,116) | ||
| Other movements | (47,696) | (47,696) | ||
| At 5April | 2023 | 18,157 | 1,155,757 | 1,173,914 |
| Impairment | ||||
| At 6 April | 2022 and 5 April 2023 | |||
| Carrying | amount | |||
| At 5 April | 2023 | 18,157 | 1,155,757 | 1,173,914 |
| At 5 April | 2022 | 24,273 | 1,190,153 | 1,214,426 |
| At | Gains and | At | |||||
|---|---|---|---|---|---|---|---|
| 6 | April 2022 | Income | Expenditure | losses | 5April 2023 | ||
| E | E | ||||||
| General | funds | 1,196,554 | 27,809 | (22,905) | (47,697) | 1,153,761 | |
| At | Gains and | At | |||||
| 6 | April 2021 | Income | Expenditure | losses | 5 April 2022 | ||
| E | E | ||||||
| General | funds | 1,118,177 | 23,648 | (24,253) | 78,983 | 1,196,555 |