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2022-03-31-accounts
|
|
Unrestricted |
Unrestricted |
Total Funds |
Total Funds |
|
Note |
Income |
Capital |
|
|
|
|
Fund |
Fund |
2022 |
2021 |
|
|
£ |
£ |
£ |
£ |
| INCOME from |
|
|
|
|
|
| Investments |
|
|
|
|
|
| - portfolio income |
|
46,783 |
|
46,783 |
51,248 |
| - interest |
|
2 |
|
2 |
4 |
| TOTAL INCOME |
|
46,785 |
|
46,785 |
51,252 |
| EXPENDITUREon |
|
|
|
|
|
| Expenditureon charitable |
|
|
|
|
|
| activities |
2 |
57,014 |
|
57,014 |
10,514 |
| TOTAL EXPENDITURE |
|
57,014 |
|
57,014 |
10,514 |
| NET (EXPENDITURE)/ INCOME |
|
|
|
|
|
| before gains on investments |
|
(10,229) |
|
(10,229) |
40,738 |
| Realised losses on disposal of |
|
|
|
|
|
| investments |
4 |
|
|
|
(11,327) |
| Net gains on investments |
4 |
|
36,433 |
36,433 |
305,662 |
| NET (EXPENDITURE)/ INCOME |
|
(10,229) |
36,433 |
26,204 |
335,073 |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Total funds broughtforward |
6 |
97,345 |
1,700,462 |
1,797,807 |
1,462,734 |
| Total funds carried forward |
6 |
87,116 |
1,736,895 |
1,824,011 |
1,797,807 |
|
Note |
|
2022 |
|
2021 |
|
|
£ |
£ |
£ |
£ |
| FIXEDASSETS |
|
|
|
|
|
| Investments |
4 |
|
1,734,020 |
|
1,697,586 |
| CURRENTASSETS |
|
|
|
|
|
| Cash at bank and in hand |
|
92,271 |
|
101,997 |
|
| CREDITORS: Amounts falling |
|
|
|
|
|
| duewithin oneyear |
5 |
2,280 |
|
1,776 |
|
| Net current assets |
|
|
89,991 |
|
100,221 |
| TOTAL NETASSETS |
|
|
1,824,011 |
|
1,797,807 |
| FUNDS: |
|
|
|
|
|
| Unrestrictedfunds: |
|
|
|
|
|
| Income Fund |
6 |
|
87,116 |
|
97,345 |
| Capital Fund |
6 |
|
1,736,895 |
|
1,700,462 |
| TOTAL FUNDS |
|
|
1,824,011 |
|
1,797,807 |
| 2 |
EXPENDITURE ON CHARITABLE ACTIVITIES |
2022 |
2021 |
|
|
£ |
£ |
|
GRANTS |
|
|
|
Action in Rural Sussex |
10,000 |
|
|
Burwash Playing Field Association |
2,000 |
|
|
Drawing Life |
3,000 |
|
|
Education Futures Trust |
5,000 |
|
|
Glyndebourne Touring |
290 |
290 |
|
Hands of Hope |
3,000 |
|
|
Hastings lnt'I Piano Festival |
500 |
|
|
Hindleap Warren |
5,000 |
|
|
Music Well |
3,000 |
|
|
Roald Dahl's |
3,000 |
|
|
Robertsbridge Cricket Club |
|
2,000 |
|
St Bartholomews PCC |
1,200 |
1,200 |
|
South Downs National Park Trust |
5,000 |
5,000 |
|
Southwark Cathedral |
5,000 |
|
|
Sussex Heritage Trust |
2,500 |
|
|
The Pelham C10 |
3,000 |
|
|
Wings for Life |
2,500 |
|
|
|
53,990 |
8,490 |
|
ADMINISTRATIVE COSTS |
|
|
|
Grant administration costs |
375 |
250 |
|
Administrator |
375 |
250 |
|
Accountancy fees |
1,194 |
930 |
|
Independent examination fees |
1,080 |
660 |
|
Investment management fee rebate |
|
(66) |
|
|
3,024 |
2,024 |
|
TOTAL EXPENDITURE ON CHARITABLE ACTIVIES |
57,014 |
10,514 |
| 4 |
INVESTMENTS |
|
|
2022 |
2021 |
|
|
|
|
£ |
£ |
|
Market valuation at 1 April |
|
|
1,695,894 |
1,401,692 |
|
Purchases at cost |
|
|
|
188,000 |
|
Sales consideration |
|
|
|
(188,133) |
|
Realised loss on sales |
|
|
|
(11,327) |
|
Net unrealised gains in year |
|
|
36,433 |
305,662 |
|
Market valuation at 31 March |
|
|
1,732,327 |
1,695,894 |
|
Cash deposits |
|
|
1,693 |
1,692 |
|
Total investments |
|
|
1,734,020 |
1,697,586 |
|
Historical cost at 31 March |
|
|
1,096,286 |
1,096,285 |
|
PORTFOLIO: |
2022 |
2022 |
2021 |
2021 |
|
|
Cost |
Market value |
Cost |
Market value |
|
|
£ |
£ |
£ |
£ |
|
Sarasin Endowments Fund |
1,094,593 |
1,732,327 |
1,094,593 |
1,695,894 |
|
Cash deposits |
1,693 |
1,693 |
1,692 |
1,692 |
|
|
1,096,286 |
1,734,020 |
1,096,285 |
1,697,586 |
|
|
|
|
2022 |
2021 |
| 5 |
CREDITORS: Amounts fallingduewithin one |
|
year |
£ |
£ |
|
Accruals and othercreditors |
|
|
2,280 |
1,776 |
|
|
2022 |
2021 |
2021 |
| FUNDS |
Income |
Capital |
Income |
Capital |
|
£ |
£ |
£ |
£ |
| Balance at 1 April |
97,345 |
1,700,462 |
56,607 |
1,406,127 |
| Income |
46,785 |
|
51,252 |
|
| Expenditure |
(57,014) |
|
(10,514) |
|
| Investment movements |
|
36,433 |
|
294,335 |
| Balance at 31 March |
87,116 |
1,736,895 |
97,345 |
1,700,462 |
| CURRENTYEAR- 2022 |
Income Fund |
Capital Fund |
Total Funds |
|
£ |
£ |
£ |
| Investments |
|
1,734,020 |
1,734,020 |
| Cash at bank |
89,396 |
2,875 |
92,271 |
| Current liabilities |
(2,280) |
|
(2,280) |
|
87,116 |
1,736,895 |
1,824,011 |
| ANALYSIS OF NETASSETS BETWEEN FUNDS |
|
|
|
| PREVIOUSYEAR - 2021 |
Income Fund |
Capital Fund |
Total Funds |
|
£ |
£ |
£ |
| Investments |
|
1,697,586 |
1,697,586 |
| Cash at bank |
99,121 |
2,876 |
101,997 |
| Current liabilities |
(1,776) |
|
(1,776) |
|
97,345 |
1,700,462 |
1,797,807 |