| Contents | Page | ||
|---|---|---|---|
| Council Members, Ofiicers and Professional | Advisers | ||
| Report ofthe Council ofManagement | |||
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 10 | ||
| Notes to the Financial Statements | |||
| The following page does not form |
part of | the financial | |
| statements subject to independent |
examination | ||
| Summary Income and Expenditure Account |
16 |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2023 | 2023 | 2023 | 2022 | ||||
| Note | f | ||||||
| income from: | |||||||
| Donations and |
legacies | 50,187 | 50,187 | 1,535 | |||
| investments | 6,870 | 531 | 7,401 | 6,663 | |||
| Total | 57,057 | 531 | 57,588 | 8,198 | |||
| Expenditure on: |
|||||||
| Charitable activities |
30,449 | 1,250 | 31,699 | 22,384 | |||
| Other | 3,234 | 192 | 3,426 | 3,054 | |||
| Total | 33,683 | 1,442 | 35,125 | 25,438 | |||
| Net gains/(losses) | on | ||||||
| investments | 6 | {9,782) | (761) | {10,543) | (29,318) | ||
| Net income/(expenditure) | 13,592 | ~I,672) | '11,920 | ~8,558) | |||
| Transfers between |
funds | ||||||
| Net movement | in | funds | 13.592 | ~1672 | 11,92,0 | 116.558) | |
| Reconciliation | of | funds: | |||||
| Total funds brought | forward | 272,107 | 2'l,183 | 293,290 | 339,848 | ||
| Total funds carried forward | 285,699 | 19,511 | 305,210 | 293,290 |
| Annual report and financial statem | Annual report and financial statem | ents for the |
year ended 31"Octobe | r 2023 |
|---|---|---|---|---|
| BALANCE SHEET | ||||
| 2023 | 2022 | |||
| Note | E | |||
| Current assets: | ||||
| Debtors | 500 | |||
| Investments | 298,898 | 302,301 | ||
| Cash at bank and | in hand | 6,632 | 13,173 | |
| Total current assets | 305,530 | 315,974 | ||
| Liabilities: Amounts falling due within one year |
8 | ~320) | ~22,684) | |
| IVet current assets | 305,210 | 293,290 | ||
| Total net assets | 305,210 | 293,290 | ||
| The funds ofthe | charity: | |||
| Restricted funds | 9 | 19,511 | 21,183 | |
| Unrestricted funds |
10 | 285,699 | 272,107 | |
| Total charity funds | 305,210 | 293,290 |
| .VOLUNT | ART | INCOME |
||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| 6 | ||||||
| Donations | and | legacies | ||||
| Donations | 50,1&7 | 50,187 | 1,535 | |||
| 50,187 | 50,187 | 1,535 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| 6 | ||||||
| Interest | Kdividends | receivable | 6,870 | 531 | 7,401 | 6,663 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| Charitable | expenditure: | |||||
| Grant for bursaries | 2,50Q | 1,250 | 3,750 | 6,QOO | ||
| Promotion | 16,000 | 16,000 | ||||
| Helpers for | the disabled | 2,599 | ||||
| Summer School general | support | 11,949 | 11,949 | 13,785 | ||
| Other expenditure: | ||||||
| Administration costs |
189 | 189 | 184 | |||
| Independent | Examination | fee | 170 | 170 | 160 | |
| Trustee expenses | 415 | 415 | ||||
| Investment | management | fees | 2,460 | 192 | 2,652 | 2,710 |
| 33,553 | 1.442 | 35.125 | 25.438 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| K | ||||
| At beginning | ofyear | 302,301 | 333,626 | |
| Additions | 70,587 | 42,286 | ||
| Disposals | (63,447) | (44,293) | ||
| Increase/(decrease) | in value | ~30,543 | 1229,3388 | |
| 302,301 |
| 7.DEB | TORS:Amounts due within one y |
ear | |
|---|---|---|---|
| 2023 | 2022 | ||
| E | |||
| „Giftaid | receivable | 500 | |
| 500 |
| .CREDITO | RS: Amou | nts | falling due within one y | ear | |
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| E | |||||
| Grant payable | to Dartington | Haii Trust | 22,384 | ||
| Independent | examination | fee | 170 | 160 | |
| Independent | examiner's | fee | for | ||
| other services | 150 | 140 | |||
| 320 | 22,684 |
| Balance | Transfers | |||||||
|---|---|---|---|---|---|---|---|---|
| at | Incoming | Resources | (to)/from | Gains/ | Balance at | |||
| 1 Nov 22 | resources | expended | general funds | {losses) | 31 Oct 23 | |||
| l' | f | f | 6 | |||||
| Denis de Rougemont | prize | 5,916 | 148 | (54) | (213) | 5,797 | ||
| Helpers forthe disabled | 312 | 8 | {3) | (11) | 306 | |||
| Esther Salaman | Bursary | 10,472 | 262 | (1,345) | (376) | 9,013 | ||
| Dorothy Elmhirst |
Trust | 2,055 | 52 | (1&) | (74) | 2,015 | ||
| Richard Gardner | 2,428 | 61 | (22) | 87 | 2,380 | |||
| 21,183 | 531 | 1,442 | 761 | 19511 |
| Transfers | ||||||||
|---|---|---|---|---|---|---|---|---|
| (to)/from | ||||||||
| Balance at | Incoming | Resources | generai | Gains/ | Balance at | |||
| 1 Nov 22 | resources | expended | funds | (losses) | 31Oct 23 | |||
| 6 | 6 | 6 | ||||||
| Joanna McGregor fund | 12,507 | ('l,250) | (450) | 10,807 | ||||
| Gavin Henderson | ||||||||
| -. | scholarship | fund | 16,628 | (1,250) | (598) | 14,780 | ||
| General funds | 242,972 | 57,057 | 31,183 | 8,734 | 260,112 | |||
| 272,107 | 57,057 | 33,683 | (9,782) | 285,699 |
| 1~OCTOBER 2023 | |||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| 6 | |||||
| Income | |||||
| Donations and legacies |
50,187 | 1,535 | |||
| Interest and investment | income | 7,401 | 6,663 | ||
| Gains on investments | |||||
| Gross income in the reporting | period | 57,588 | 8,198 | ||
| Expenditure | |||||
| Bursaries and grants | 15,699 | 22,384 | |||
| Promotion | 16,000 | ||||
| Investment management |
2,652 | 2,710 | |||
| Office costs | 359 | 344 | |||
| Trustee expenses | 415 | ||||
| Losses on investments | 10,543 | 29,318 | |||
| Total expenditure in the reporting |
period | 45,668 | 54,756 | ||
| Net income (expenditure) | before tax forthe reporting year | 11,920 | (46,558) | ||
| Tax payable Net income {expenditure) forthe financial year |
11,92II | ~55.558i |