2022-03-31-accounts

					PAGES
Trustees'	annual report (incorporating		the director's report)		Ito 4
Independent auditor's		report to the members			5to 10
Statement	offinancial	activities (including		income and expenditure
account)
Statement	offinancial	position			12
Notes to	the financial	statements			13to20

			YEA	R ENDED	31MAR	CH 2022	CH 2022
						2022		2021
						Unrestricted
						funds	Total funds	Total funds
					ttote
Income and endowments
Investment income					5	176,931	176,931	187,600
Total income						176,931	176,931	187,600
Expenditure
Expenditure on	raising funds:
Investment	management		costs		6	(97,781)	(97,781)	(96,128)
Expenditure on	charitable	activities			7,8	(896,277)	(896,277)	(243,018)
Total expenditure						(994,058)	(994,058)	(339,146)
Net losses on investments								(200,750)
Net expenditure	and net	movement		in funds		(817,127)	(817,127)	(352,296)
Reconciliation	offunds
Total funds brought forward						5,812,010	5,812,010	6,164,306
Total funds carried forward						4,994,883	4,994,883	5,812,010

		31MARCH 2022	31MARCH 2022
			2022		2021
				g
FIXEDASSETS Investments		15		3,813,000		3,813,000
CURRENT ASSETS Debtors Cash at banlc and in hand		I6	163,830 11070i723		289,415 1,780,805
			1,234)553		2 070i220
CREDITORS: amounts svithin one year	falling due	17	(52,670)		(71,210)
NET CURRENT ASSETS				1,181,883		1,999,010
TOTAL ASSETS LESS LIABILITIES	CURRENT			4,994,883		5,812,010
NETASSETS				4,994,883		5,812,010
FUNDS OFTHE CHARITY Unrestricted funds				4,994,883		5,812,010
Total chaiity funds		19		4i994,883		5,812,010

5.	INVESTM	ENT IN	COME
						Unrestricted		Total Funds	Unrestricted	Total Funds
							Funds	2022	Funds	2021
	Property revenue Loan interest receivable						168,889 8,042	168,889 8,042	172,841 14,759	172,841 14,759
							176,931	176,931	187,600	187,600
6.	INVESTMENT MANAGEMENT				COSTS
						Unrestricted		Total Funds	Unrestricted	Total Funds
							Funds	2022	Funds	2021
	Investment	property	management	costs			97,781	97,781	96,128	96,128
7.	EXPENDITURE ON CHARITABLE					ACTIVITIES BYFUND TYPE
						Unrestricted		Total Funds	Unrestricted	Total Funds
							Funds	2022	Funds	2021
	Grants paid Support costs						887,310 8,967	887,310 8,967	226,320 16,698	226,320 16,698
							896,277	896,277	243,018	243,018
8.	EXPENDITURE ON CHARITABLE					ACTIVITIES BYACTIVITY TYPE
						Grant	funding		Total funds	Total fund
						ofactivities		Support costs	2022	2021
							s
	Grants paid Governance	costs					887,310	8,967	887,310 8,967	226,320 16,698
							887,310	8,967	896,277	243,018
9.	ANALYSIS OF SUPPORT COSTS
								SupportCosts	Total 2022	Total 2021
	Governance	costs						8,967	8,967	16,698

ANALYSIS OF GRANTS
				2022	2021
GRANTS TO INSTITUTIONS
Support ofeducation and relief ofpoverty				887,310	226,320
Total grants				887,310	226,320
All grants and donations	were	paid to charitable	institutions	for the purposes	of either the
advancement ofeducation	or the	alleviation ofpoverty.
The composition ofdonations is		shown below.
Achisomoch Aid Company Other donations	Limited				884,000 3,310
					887,310

11.	NET LOSSESON INVESTMENTS
		Unrestricted		Total Funds	Unrestricted	Total Funds
			Funds	2022	Funds	2021
				f.
	Gains/(losses) on revaluation of
	investment property				(200750)	(200750)
12.	NET EXPENDITURE
	Net expenditure is stated after charging/(crediting):
					2022	2021
	Fees payable for the audit ofthe financial	statements			6,000	5,700
	Fees payable to the auditor for other non-audit		services			7,800

		Investment
		properties
Fair value
At 1April	2021 and 31 March 2022	3,813,000
Carrying amount At 31March 2022		3,813,000
At 31March 2021		3,813,000

16.	DEBTORS
					2022	2021
	Trade debtors				17,400	16,970
	Prepayments Other debtors	and accrued	income		59,980 86,450	50,995 221,450
					163,830	289,415
17,	CREDITORS; amounts		falling due within	one year

17,	CREDI	TORS; amounts falling due within one ye	ar
			2022	2021
			K
	Trade creditors		185	6,394
	Accruals	and deferred income	37,631	52,037
	Other creditors		14,854	12,779
			52,670	71,210
18.	DEFERRED INCOME
			2022	2021
	Amount	deferred in year	15,099	14,792

															At
									At					Gains and 31March 20
						1 April			2021	Income		Expenditure		losses	22
General	funds						5,812,010			176,931		(994,058)			4,994,883
															At
									At					Gains and 31March 202
						1 April 2020				Income		Expenditure		losses	1
General	funds						6,164,306			187,600		(339,146)		(200,750)	5,812,010
ANALY	S	IS OF NET ASSETSBETWEEN								FUNDS
														Unrestricted	Total Funds
														Funds	2022
Investments														3,813,000	3,813,000
Current assets														1,234,553	1)234,553
Creditors		less	than	1 year										(52,670)	(52,670)
Net assets														4,994,883	4,994,883
														Unrestricted	Total Funds
														Funds	2021
														s
Investments														3,813,000	3,813,000
Current	assets													2,070,220	2,070,220
Creditors		less	than	1 year										(71,210)	(71,210)
Net assets														5,812,010	5,812,010
FINANCIAL			INSTRUMENTS
The carrying			amount		for each			category of financial			instrument		is as fogows:
														2022	2021
Financial		assets that are				debt instruments				measured		at amortised		cost
Financial		assets that			are debt		instruments measured				at	amortised
cost														163,830	289,415
Financial		liabilities			measured				at amortised	cost
Financial		liabilities		measured				at	amortised cost					52,670	71,210

As lessor
The total future minimum		lease payments	receivable	under non-cancellable	operating	leases are
as follows:
					2022	2021
Not later than	1 year				44,000	44,000