2022-12-31-accounts - The Friends Of The Iveagh Bequest, Kenwood

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				Page
Trustees' annual report				1
Independent examineVs report		to the trustees
Statement of financial	activities
Statement of financial	position
Notes to the financial	statements
The following pages	do not form part of		the financial statements
Detailed statement of	financial	activities		14
Notes to the detailed	statement	of financial	activities	15

			Year e	nded	31 Decemb	er 2022
						2022
					Unrestricted	Restricted
					funds	funds	Total funds	Total funds
				Note	5	5	5	f
Income and endowments
Donations and legacies				4	365309		365~	77,488
Other fundraisiug activities				5	3,099		3,099	1,415
Investment income				6	1,286		1,691	537
Total income					369,694	405	370,099	79,440
Expenditure
Expenditure on charitable		activities		7,8	104,926	10,000	114/26	19,363
Total expenditure					104,926	10,000	114@26	19,363
Net income and net	movement		in funds		264,768	(9,595)	255,173	60,077
Recondllatlon offtmds
Total funds bmught	forward				120327	100,881	221,108	161,031
Total hmds carried	forward				384,995	91386	476~	221,108

					2021
		Note			f
Current assets
Debtors		12	142
Cash at bank and in hand			477419		221,108
			477/61		221,108
Creditors: amounts	falling due within one year	13	1,680
Net current assets				476/81	221,108
Total assets less current liabiTities				476~1	221,108
Funds ofthe charity Restricted funds				91~	100,881
Unrestricted funds				384,995	120,227
Total charity funds		14		476~1	221,108

													Unrestricted	Restricted	Restricted	Total Bmds
													Funds f		Funds f	2021 f
	Bank interest			receivable									264		273	537
7.	Expenditure			on charitable		activifies		by fund type
													Unrestricted	Restricted		Total Funds
													Funds f		Funds f	2022
	Charitable		Activities										103,757		10,000	113,757
	Support costs												1,169			1,169
															10,000	114@26
													Unrestricted	Restricted		Total Bmds
													Funds f		Bmds	2021 f
	Charitable		Activities										18,866			18,866
	Support costs												497			497
													19,363			19,363
L	Expenditure			on~ecttvtthn				by'activity			type
										Activities
									undertaken					Total funds		Total fund
										directly		Support costs f			2022 f	2021 f
	Charitable	Activities								113,757					113,757	18,866
	Governance		costs										1,169		1,169	497
										113,757			1,169		114/26	19,363
9.	Independent		examination			fees
																2021
																f
	Fees payable		to the independent				examiner for.
	Independent		examination		ofthe financial statnuents
10.	Sbdf costs
	The total staff			costs and nnployee			benefits for			the	reporting		period are analysed		as follows:
															2022	2021
																f
	The average		head count ofemployees					during	the year was				Nil (2021:Nil).
11.	No employee received employee benefits of Trustee remuneration and~								more		than f60,000during the			year	(2021:Nil).

		Year ended 31 Decem	ber 2022
			2022	2021
			g	f
Income and endowments
Donations and legacies
Donations Legacies &Bequests			220 349,000	52,653
Corporate Benefactors			1,000	1,500
Subscriptions Annual Members Subscriptions Life Members			9,400 1~5	9320 875
Subscriptions Rembrandt	Members		300	900
Subscriptions Vermeer Members			750	750
Gift Aid Repayments			2,764	11,590
				77,488
Other trading activities
Fundraising events			3,099	1,415
Investment income
Bank interest receivable			1,691	537
Total income			370,099	79,440
Expenditure
Expenditure on charitable		acttvtttes
insurance			370	352
Independent Examiner's	fees		600
Other office costs			979	595
Other interest payable and similar charges			199	145
Awards and Grants Costs ofFundraising Events			103,755 5,641	12,500 2,058
Newsletter costs Computer &internet expenses			2,786 596	1481 2,132
			114/26	19,363
			114/26	19,363
Net income			255,173	60,077

			Year ended 31 Dece	mber 2022
					2021f
Expenditure	on charitable		activities
Charttawe	Activities
Activities undertaken		directly
Sundry expenses				979	595
Awards aud Grants Costs ofFundraising		Events		103,755 5,641	12,500 2,058
Newsletter Computer &internet		expenses		2,786 596	1,581 2,132
				113,757	18,866
Governance	costs
Insunmce				370	352
Examinn's	Fee			600
Finance charges				199	145
				1,169	497
Expenditure	on charib&ie		activities	114tt26	19,363