2022-08-31-accounts - Colfe's Charitable Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Statement ofFin	ancial	Acti	vities Fo	r the Ye	ar Ended	31Aug	ust 2022
							Total
			General	Designated	Restricted	Endowed	Funds	Total Funds
			Fund	Fund	Funds	Funds	2022	2021
		Notes	E		E	F	F	E
INCOME
Donations and legacies			30,484		37,462	12,401	80,347	22,572
In~tment Income			62,972				62,972	60,022
TOTAL INCOME			93,456		37,462	12,401	143,319	82,594
EXPENDITURE
Costs ofraising fUnds		4	28,561				28,561	5,989
Expenditure on Charitable E)EXPENDITURE	Activities	5	52,015		23,815		75,830	76,177
TOTAL			80,576		23,815		104,391	82,166
Net Incoming Resources before Transfers			12,880		13,647	12,401	38,928	428
Transfers between Funds			(1,000)	1,000
Nat incoming Resources forthe year			11,880	1,000	13,647	12,401	38,928	428
Other recognised gains
&Losses
Realised and unrealised
(losses)/gains on fmestments		7	(9,595)	(99,607)		(6,413)	(115,615)	241,555
Nat Movement In Funds			2,265	(98,607)	13,647	5,988	. (76,687	241,983
Fund Balances Brought Forward
as at 1 September 2021			125,857	1,554,286	17,202	134,839	1,832,184	1,590,201
Fund Balances Carried Forward
as at 31August 2022			128,142	1,455,679	30,849	140,827	1,755,497	1,832,184

					Notes	2022	2022		2021	2021
Fixed Assets
Investment portfolios at market			value				1,644,972			1,760,587
Current Assets
Current Investment	Assets
Debtors						15,848			10,062
Cash at Bank and	in hand					109,238			68,505
						125,084			78,567
Creditors: amounts	falling	due	within
one year						(14,55$)	110,525		(6,970)	71,597
Total assets less current		liabilities					1,?55,4$'7			1,888,'l84
Represented by:
Funds and reserves
Endowed Funds					10-12		140,827			134,839
Restricted Funds					10-12		30,84$			17,202
Unrestricted Funds					10-12
Designated Investment General Fund		Fund				1,455&67$ 128,142	1,583,821	1,554,286 125,857		1,680,143
							1,755,497			1,832,184
Approved by the Trustees		on	~	l&		and signed	on their behalf	by:	g+0

2	Donations and legacies			Unraslricted	Restricted	2022	2021
				E	E	E	E
	Cash Donations			28,288	43,211	71,499	16,285
	Booksales						261
	Tex mcausred ua Gill Aid			1,1S6	6,652	7,848	3,S41
	Legacies			t,m0		1,000	2,105
				30,484	49,863	80,347	22,572
3	Inveshnent Income			Unrestricted	Restricted	2022	2021
					E	E	E
	Dhtdends - UK Unit Trusts			62;967		62,S6?	%,018
	Deposit Interest			5		5
				62,972	-	62,972	60,022
4	Cosh of raising funds			Unrestricted	Restricted	2022
				E	E	E
	Fundfslsing Legal casts associated with CAF Charges	legacy		(188) 28,626 8		(188) 28,626 8	5,978 11
	Bank charges			115		115
				28,581		28,561	5,989
5	Expenditure on Charitable	Acgvitlea		Unrestricted	Restricted		2021
				E	E		E
	Granh To Calfe's School (a connechd Pratstan far Bumaries and Schahrshtps		Charity) hr the AcadenNc Year	50,II		50,000	50,000
	Uluainian Fund				4,136	4,136
	Other Donations				2,002	2,002	900
	Other Bmsaries				17,67?	17,677	23,082
	Gawnaree costs			2,015		2,015	2,1S5
				52,015	23,815	75,830	76,177
8	Governance Cosh			Unresdlcted	Restricted	2022	2021
				E	E	E	E
	Examlnstian Fee			1,980		1,980	2,160
	Other Expenses			35		35	35
				2,015		2,015	2,195

7	Investments					2D21
						E
	Quoted UK E i Investments
	Market Value as at 1 September 2021				1,760,587	1,519,032
	Add: Additions at cost
	Disposal at Market Value
	Reersat ofGains on disposal
	Realised gains on disposal Net Unrealised Investment goes)fgain Market Value of Irnestments at 31Augusl		2D22		~(115515 1,598,972	241,555 1,789587
	Historic cost ofimestments	at 31August	2022		1,483,332	1,483,332
	investment Fund assets are	held ln UK Unit Tnrsts
	Indl8fduat Imestment holdings	in excess of5%ofthe tolal imestments		held at the year end vrere:		2021
	COIF Chsrity Investment M &G Charifund Units					32% 45%
	M &GCharibond Units					23%
						2021
						f
	trrierest and Diddends due				6,499	6,098
	Colh's School				1,500
	Other Debtom
	Reco9ersMe UKtsxathn (Gilt Aid)				7,847	3,984
					15,846	10,062
0	Credltom				2022 F.	2D21 8
	Crrife's School				1,198	1,174
	Sundry Creditors				13,M3 14,559	5,798 6,970

Iftovements in Funds			Designated
			lrnestment	Restricted	Endostsd
	Geneml Fund		Funds	Fuels		Fund	Total 2022	Tolal 2021
Balance el 1September	2021	125,857	1,554,286	17,202		134,839	1,832,184	1,590,201
Net incomingf(outgoing)	msources	11,880	1,000	13,647		12,401	38,$28	428
Unmalised gosses)lgatns on inusstments Balance at 31August 2022		9,595 128,142	,807) 1,455,679	6,413 30,849140,827			(115,615 1,755,497	241,555 1,887.188
Endowsd hnd repmsents	a Schoktmhip 8 Bumaries	I'und that	is being mised	by the Dtnelopment		Olgca	Income fmm this lund is
heing cmdiled togensnd	fuefs.

Restricted Funds
		Capital			Ukrainian
	Bursades	Pro ecto	EcoGarden	Amhlvlng	Ap	al	Total
	2			2
Balance as at 1 September 2021 Onnations received	4,304 13,374	313		12,085		24,088	17,202 37,482
Grants paid Balance at 31August 2022	17.678)	313	500	{2,002 10,0&3		4,138 19,952	23,815 30,849