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|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|
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|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|||||||
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|||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||
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|coming Resources||||
|---|---|---|---|
|||Total|Total|
||Unrestricted|Funds|Funds|
||Funds|2023|2022|
||f|f|E|
|Donations||||
|Other donations||||
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|||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|
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|||||||UnrestrIcted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|
|||||||Funds|2023|2022|
|||||||E|E|9|
|Fees payable|to|the independent|examiner||for:||||
|- Independent||examination|of the|financial|||||
|statements.|||||||||
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||||||||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||||
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|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)||
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|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|||
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|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|
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|Unrestricted
Income Funds||
|---|---|
||General
Fund|
||6|
|Balance at 1 July 2022|1,199,016|
|Income
Expenditure|461,755
~66 801|
|Balance at 30June 2023||
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|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)|
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||||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|||||