| Contents | Pages | |||
|---|---|---|---|---|
| Board of | Trustees and |
professional | advisers | |
| Trustees | Annual Report |
2 to 4 | ||
| Independent Examiner's |
Report | |||
| Statement | of Financial | Activities | ||
| Balance Sheet | ||||
| Notes to | the Financial Statements | 8 to 14 |
| Registered | Registered | Charity | Name | Burdens' Charitable |
Foundation | Foundation | Foundation | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Charity | Number | 273535 | ||||||||
| Principal | Office | Castlefield Partners |
Limited | |||||||
| 111Piccadilly | ||||||||||
| Manchester | ||||||||||
| M1 2HY | ||||||||||
| Trustees | Timothy James Burden | BSc | ||||||||
| Hilary Margaret Perkins |
MCSP SRP | |||||||||
| Sally Anne Schofield | Dip.COT SROT | |||||||||
| Arthur David Burden |
BScMD FRCP | |||||||||
| Anthony David Burden, |
MA, PhD | |||||||||
| Edmund George Jenkins |
LLB | |||||||||
| Susan Eva Gottlieb Cohen (appointed | 25 November | 2022) | ||||||||
| Jeremy Paul Burden |
(appointed | 14July 2023) | ||||||||
| Independent | Examiner | Maria Hallows BA(Econs), FCA, |
DCha | |||||||
| Beever and Struthers | ||||||||||
| One Express | ||||||||||
| 1 George Leigh Street | ||||||||||
| Manchester | ||||||||||
| M4 5DL | ||||||||||
| Bankers | Co-operative Bank Pic |
|||||||||
| Balloon Street | ||||||||||
| Manchester | ||||||||||
| M60 4EP | ||||||||||
| Solicitors | Addleshaw Goddard |
LLP | ||||||||
| 1 St Peter's Square | ||||||||||
| Manchester | ||||||||||
| M2 3DE | ||||||||||
| Investment | advisers | Castlefield Investment |
Partners LLP |
|||||||
| 111Piccadilly | ||||||||||
| Manchester | ||||||||||
| M12HY |
| As at | 30June 202 | 3 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Total | Total | ||||||||
| Unrestricted | Restricted | Funds | Funds | ||||||
| Note | Funds f |
Funds f |
2023 f |
2022 6 |
|||||
| Income and endowments | |||||||||
| Incoming resources |
from | ||||||||
| generating funds: |
|||||||||
| Donations | 9,228 | 9,228 | 6,960 | ||||||
| Investments | 452,392 | 452,392 | |||||||
| Other | 135 | 135 | |||||||
| Total income | |||||||||
| Expenditure | |||||||||
| Expenditure on charitable activities |
66801 | ~66 801 | ~94 064 | ||||||
| Total expenditure | |||||||||
| Net income/(expenditure) | |||||||||
| before other recognised gains and losses |
394 | 954 | 394 | 954 | ~87 104 | ||||
| Net income/(expenditure) | 394,954 | 394,954 | (87,104) | ||||||
| and net movement | in funds | ||||||||
| Reconciliation offunds |
|||||||||
| Total funds brought |
forward | 1 199016 | 1 199 | 016 | 1 286 120 | ||||
| Total funds carried forward |
| Burdens' | Charitable | Charitable | Foundation | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance Sheet | ||||||||||
| As at 30 | June | 2023 | ||||||||
| 2023 | 2022 | |||||||||
| Note | 8 | 8 | 6 | 8 | ||||||
| Fixed assets | ||||||||||
| Inveslmenla | 10 | 1,565,002 | 1,065,002 | |||||||
| Cunent assets | ||||||||||
| Debtors | ||||||||||
| Cash sl beck | 8KL31 | |||||||||
| 68,131 | ||||||||||
| Creditors: Amounts | fsging | |||||||||
| due withIn | one year | 12 | 693 | |||||||
| Net current | assets | 28,988 | 86,406 | |||||||
| Debtors: Amounts |
faglng | |||||||||
| due within | more then one | |||||||||
| year | ||||||||||
| Total assets | less | 5939 0 | I 199016 | |||||||
| current gabgitles | ||||||||||
| Net assets | ||||||||||
| Funds ofthe | Charity | |||||||||
| Unrestricted | Income funds | 13 | ~5939 0 | ~I9 | 6 | |||||
| Total Charity | funds | 1$QJQQ | 112RJlE |
| coming Resources | |||
|---|---|---|---|
| Total | Total | ||
| Unrestricted | Funds | Funds | |
| Funds | 2023 | 2022 | |
| f | f | E | |
| Donations | |||
| Other donations |
| As at 30Jun | e 2023 | ||||
|---|---|---|---|---|---|
| Charitable Activities |
|||||
| Unrestricted | Restricted | Total Funds | Total Funds | ||
| Funds 6 |
Funds f |
2023 6 |
2022 f |
||
| Activities in |
Africa | 63,881 | 63,881 | 76,199 | |
| (Note 5a) | |||||
| Support costs | in the | 2,920 | 2,920 | 2,865 | |
| UK (note 5b) | |||||
| Other (Note5c) | 15000 |
| 5a | Activities in Africa |
Activities in Africa |
Unrestricted | Restricted | 2023 | 2022 |
|---|---|---|---|---|---|---|
| 6 | 6 | 6 | F | |||
| Staff costs | 24,533 | 24,533 | 24,533 | |||
| Africa office costs | 587 | 587 | 1,899 | |||
| Africa School costs | 7,633 | 7,633 | 3,945 | |||
| Grants payable | 31,128 | 31,128 | 45,048 | |||
| Overseas travel |
744 | |||||
| 5b | Support Costs the UK |
in | Unrestricted | Restricted 6 |
2023 f |
2022 f |
| Office Costs | 151 | 151 | 137 | |||
| Miscellaneous | 64 | |||||
| Costs | ||||||
| Accountancy | 1,455 | 1,455 | 1,485 | |||
| Bank Charges | ~1314 | 1 314 | 1 179 | |||
| 5c | Other | Unrestricted 8 |
Restrictedf | 2023 8 |
2022 | |
| Grants payable | 15000 |
| UnrestrIcted | Total Funds | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Funds | 2023 | 2022 | ||||||
| E | E | 9 | ||||||
| Fees payable | to | the independent | examiner | for: | ||||
| - Independent | examination | of the | financial | |||||
| statements. |
| 2023 | 2022 | 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| f | E | |||||||||
| Independent | Examiner's | Fee | 1,200 | 1,200 | ||||||
| Independent | Examiner | —other services | ||||||||
| Staff Costs | ||||||||||
| Total staff costs were | as follows: | 2023 | 2022 | |||||||
| E | E | |||||||||
| Wages and salaries | 24,000 | 24, | 000 | |||||||
| Social security costs | ||||||||||
| Pension cost | 533 | 533 | ||||||||
| Particulars | ofemployees: | |||||||||
| The average | number | of employees | during | the | year, | calculated | on the | basis of full-time | ||
| equivalents, | was as follows: | |||||||||
| 2023 | 2022 | |||||||||
| E |
| Fixed Asset Investments | |
|---|---|
| Cost | |
| As at 1 July 2022 | 1,065,002 |
| Additions | 500 000 |
| As at 30June 2023 | |
| Carrying amount |
|
| As at 1 July 2022 | |
| As at 30June 2023 | |
| Historical cost | |
| As at 1 July 2022 | |
| As at 30June 2023 | |
| BCFCapital Limited (100%of the share capital) |
| Debtors | |||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| 6 | F | ||||
| Amounts | falling due | within one | year: | ||
| Other debtors | |||||
| Amounts | falling due | in more than one year: | |||
| Amounts | due from BCFCapital | Limited |
| reditors: Amounts falling due within on |
e year | e year | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| E | 6 | |||
| Trade creditors | 90 | 75 | ||
| Other creditors | 431 | 450 | ||
| Accruals | 4 | 172 | 1 | 200 |
| Unrestricted Income Funds |
|
|---|---|
| General Fund |
|
| 6 | |
| Balance at 1 July 2022 | 1,199,016 |
| Income Expenditure |
461,755 ~66 801 |
| Balance at 30June 2023 |
| nalysis of Net Assets B |
etween Funds | ||
|---|---|---|---|
| Unrestricted | Restricted | ||
| Funds E |
Fundsf | Totals F |
|
| Investments | 1,565,002 | 1,565,002 | |
| Debtors | |||
| Cash at Bank Creditors |
33,661 ~4963) |
33,661 ~4963) |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Overseas | Total | Total | ||
| 5 | 6 | |||
| Grants - Education | ||||
| La Renaissance —BF | 15,759 | 15,759 | 9,009 | |
| UN-ABPAM | 10,900 | 10,900 | 31,571 | |
| Disasters Emergency |
Committee | 5,000 | ||
| The Charity Service | 10,000 | |||
| Other | 12,102 | 12,102 | 4,468 | |
| Total Grants |