| Page | |||
|---|---|---|---|
| Trustees' report |
1-5 | ||
| Independent Examiner's |
Report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Statement ofcash flows | |||
| Notes to the financial | statements | 10-14 |
| STATEMENT OF FINANCIAL ACTIVITIES | STATEMENT OF FINANCIAL ACTIVITIES | STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|
| YEAR ENDED | 31MARCH 2022 | |||
| Notes | 2022 | 2021 | ||
| f | f | |||
| Income | ||||
| Investment income |
55,239 | 52,377 | ||
| Expenditure | ||||
| Costs ofgenerating funds |
||||
| Investment management costs |
11,722 | 10,347 | ||
| Expenditure on charitable |
activities | |||
| Donations to charities and related expenses | 46,511 | 16,948 | ||
| Total expenditure | 58,233 | 27,295 | ||
| Net (expenditure) / income |
and net movements | in funds | ||
| before gains on investments | (2,994) | 25,082 | ||
| Net gains on investments | 58,451 | 393,513 | ||
| Net movement in funds |
55,457 | 418,595 | ||
| Reconciliation offunds | ||||
| Total funds brought forward |
2,066,448 | 1,647,853 | ||
| Total funds carried forward | 2,121,905 | 2,066,448 |
| Notes | 2022 | 2021 | |||
|---|---|---|---|---|---|
| Net cash used in operating | activities | (56,860) | (32,214) | ||
| Cash flows from investing | activities | ||||
| Investment income |
55,239 | 52,377 | |||
| Net purchases ofinvestments | (6,369) | (20,138) | |||
| Net cash provided by investing |
activities | 48,870 | 32,239 | ||
| Change in cash in the year | (7,990) | 25 | |||
| Cash brought forward |
86,058 | 86,033 | |||
| Cash carried forward | 78,068 | 86,058 |
| Investment income |
|||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Dividends and unit trust |
distributions | 50,957 | 48,136 | ||
| Fixed interest income | 4,282 | 4,241 | |||
| Bank interest | |||||
| 55,239 | 52,377 | ||||
| Analysis ofexpenditure | on charitable | activities | |||
| 2022 | 2021 | ||||
| Donations made in the year (note 9) |
40,500 | 12,000 | |||
| Governance costs: | |||||
| Accountancy &administration |
4,500 | 3,600 | |||
| Independent examiner's |
fees | 1,500 | 1,320 | ||
| Bank charges | 11 | 28 | |||
| 46,511 | 16,948 | ||||
| Fixed asset investments | |||||
| Movement in fixed asset listed investments |
|||||
| Unrestricted Unrestricted |
|||||
| funds | funds | ||||
| 2022 | 2021 | ||||
| Market value at I April | 2021 | 1,984,054 | 1,570,403 | ||
| Additions at cost |
340,766 | 267,923 | |||
| Disposals at carrying value |
(336,186) | (234,878) | |||
| Net unrealised gains in |
the year | 60,240 | 380,606 | ||
| Market value at 31March 2022 | 2,048,874 | 1,984,054 | |||
| Net cash invested in investments |
in the year: | ||||
| 2022 | 2021 | ||||
| Disposal proceeds | 334,397 | 247 785 | |||
| Additions at cost |
(340,766) | (267,923) | |||
| Net cash invested | (6,369) | (20,138) |
| Net gains on investments: | 2022 | 2021 | ||
|---|---|---|---|---|
| Net realised (losses)/gains | on disposals | in the year | (1,789) | 12,907 |
| Net unrealised gains in the |
year | 60,240 | 380,606 | |
| Net gains on investments | 58,451 | 393,513 | ||
| Listed investments | 2022 | 2021 | ||
| Stocks and shares | 1,917,063 | 1,834,158 | ||
| Fixed Interest | 131,811 | 149,896 | ||
| 2,048,874 | 1,984,054 |
| 6. | Debtors | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Accrued investment | income | 963 | 1,256 | ||||
| 7. | Creditors —Amounts | falling due | within one year | ||||
| 2022 | 2021 | ||||||
| Accrued donation | |||||||
| Accrued administrative | expenses | 6,000 | 4,920 | ||||
| 6,000 | 4,920 | ||||||
| 8. | Reconciliation ofnet movement |
in funds to net cash flow | from operating | activities | |||
| 2022 | 2021 | ||||||
| Net movement in funds |
55,457 | 418,595 | |||||
| Deduct investinent | income | (55,239) | (52,377) | ||||
| Deduct gains on investments | (58,451) | (393,513) | |||||
| Decrease in debtors | 293 | 81 | |||||
| Increase/(decrease) | in creditors | 1,080 | (5,000) | ||||
| (56,860) | (32,214) |
| the objecti | ves ofth | e charity, as | follows:- | |||
|---|---|---|---|---|---|---|
| Donee | Purpose | 2022 | 2021 | |||
| Mary's Meals, Haiti Earthquake | Appeal | Disaster relief aid | 10,000 | |||
| Afghan k | Central | Asian Association | Support for Afghan refugees |
5,000 | ||
| DEC Humanitarian | Appeal | Humanitarian Aid |
5,000 | |||
| Elmbridge | CAN | Community support for refugees |
5,000 | |||
| Mary's Meals | Provision ofschool meals |
5,000 | 1,000 | |||
| Support to children, | ||||||
| Youth and | Families Matter | young people and | 5,000 | |||
| families | ||||||
| RNLI | Maritime rescue | 1,500 | 1,500 | |||
| Hampshire | k, Isle ofWight Air | Ambulance | Transport for medical emergencies |
1,000 | 1,000 | |
| Kent, Surrey, Sussex Air Ambulance | Transport for medical emergencies |
1,000 | ||||
| Minstead | Trust | Support for those with learning difficulties |
1,000 | 2,500 | ||
| Water Harvest | Funds rainwater storage projects in rural India |
1,000 | ||||
| Medical Detection | Dogs | Early detection of diseases |
2,500 | |||
| To fund research into | ||||||
| Prostate Cancer UK | prostate cancer and provide support to those |
2,500 | ||||
| affected | ||||||
| Watermill | Theatre | Nurturing theatre and the performing arts |
1,000 | |||
| 40,500 | 12,000 |