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|Trustees'
report|||1-5|
|Independent
Examiner's||Report||
|Statement offinancial|activities|||
|Balance sheet||||
|Statement ofcash flows||||
|Notes to the financial|statements||10-15|
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|||S|TAT|EMENT OF FINANCIAL ACTIVIT|EMENT OF FINANCIAL ACTIVIT|IES||
|---|---|---|---|---|---|---|---|
|||||YEAR ENDED 31MARCH 2023||||
||||||Notes|2023|2022|
|Income||||||||
|lnvestlrlellt
tllcollse||||||48,684|55,239|
|Expenditure||||||||
|Costs ofgenerating|funds|||||||
|Investment
management||costs||||10,743|11,722|
|Expenditure
on charitable|||activities|||||
|Donations to charities|and||related expenses|||33,505|46,511|
|Total expemliture||||||44,248|58,233|
|Net income/(expenditure)|||and|net movements|in funds|||
|before (losses)/gains|on|investntents||||4,436|(2,994)|
|Net (losses)/gains
on|investments|||||(138,801)|58,451|
|Net movement
in funds||||||(134,365)|55,457|
|Reconciliation
of fun&Is||||||||
|Total funds brought|forsvard|||||2,121,905|2,066,448|
|Total funds carried|fomvard|||||1,987,540|2,121,905|
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|||||Notes|2023|2022|
|---|---|---|---|---|---|---|
||||||f|f|
|Net cash use&1 in operating||activities|||(43,703)|(56,860)|
|Cash flovvs from investing|activities||||||
|Investment
income|||||48,684|55,239|
|Net purchases ofinvestments|||||(51,996)|(6,369)|
|Net cash (absorbed)/provided||by investing|activities||(3,312)|48,870|
|Change in cash in the year|||||(47,015)|(7,990)|
|Cash brought
foruard|||||78,068|86,058|
|Cash carried fomvard|||||31,053|78,068|
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|3.|a trustee, provided
acco
(2022- f4,500).
Investment
income|untanc|y
and|adm|inistration
serv|ices to the trust
in the sum of|K4,500|
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||Dividends
and unit trust|distributions||||45,136|50,957|
||Fixed interest income|||||3,061|4,282|
||Bank interest|||||487||
|||||||48,684|55,239|
|4.|Analysis ofexpenditure|on|charitable||activities|||
|||||||2023|2022|
||Donations
made
in the year (note 9)|||||27,500|40,500|
||Governance
costs:|||||||
||Accountancy
8& administration|||||4,500|4,500|
||independent
examiner's|fees||||1,500|1,500|
||Bank charges|||||5|11|
|||||||33,505|46,511|
|5.|Fixed asset investments|||||||
||Movement
in fixed asset listed investments|||||||
|||||||Unrestricted
Un|restricted|
|||||||funds|funds|
|||||||2023|2022|
||Market value at
I April|2022||||2,048,874|1,984,054|
||Additions
at cost|||||1,156,139|340,766|
||Disposals at can3 ing value|||||(1,165,734)|(336,186)|
||Nct unrealised
(losses)/gains||in the|year||(77.210)|60,240|
||Market value at 31March 2023|||||1,962,069|2,048,874|
||Net cash invested
in investments|||in thc year:||||
|||||||2023|2022|
||Disposal procccds|||||I,104,143|334,397|
||Additions
at cost|||||(I,156,139)|(340,766)|
||Net cash investnl|||||(51,996)|(6,369)|
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||NOTES TO|NOTES TO|THE FINANCIAL STA|THE FINANCIAL STA|THE FINANCIAL STA|TEMENTS —continued||
|---|---|---|---|---|---|---|---|
|5.|Fixed asset investments||(continued)|||||
||Net gains on investments:|||||2023|2022|
||Net realised
losses|on disposals|||in the year|(61,591)|(1,789)|
||Net unrealised
(losses)/gains|||in|the year|(77,210)|60,240|
||Net (losses)/gains|on investments||||(138,801)|58,451|
||Listed investments|||||2023|2022|
||Stocks and shares|||||1,809,604|1,917,063|
||Fixed Interest|||||152,465|131,811|
|||||||1,962,069|2,048,874|
||The signiTicance|offinancial|offinancial|offinancial|offinancial|instruments|instruments|to|the ongoing|the ongoing|financial|sustainability|sustainability|ofthe Trust is|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||considered
in the|financial|||revieiv and investment|||||policy|and perfonnance
sections ofthe Trustees'||||
||Annual
Repoit.||||||||||||||
|6.|Debtors||||||||||||||
||||||||||||||2023|2022|
||Accrued
investment||income||||||||||418|963|
|7.|Creditors —Aniounts|||falling dne vvithin|||||one|year|||||
||||||||||||||2023|2022|
||Accrued donations||||||||||||||
||Accrued administrative||||expenses||||||||6,000|6,000|
||||||||||||||6,000|6,000|
|8.|Reconciliation|of|net|movement|||in fumls||to|net cash|flovv from||operating|activities|
|||2023|2022|
|---|---|---|---|
|Net movement
in funds||(134,365)|55,457|
|Deduct investment|income|(48,684)|(55,239)|
|Add losses/(deduct)|gains on investments|138,801|(58,451)|
|Decrease
in debtors||545|293|
|Increase
in creditors|||1,080|
|||(43,703)|(56,860)|
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|||Donee|Donee|||Purpose|2023
f.|2022|
|---|---|---|---|---|---|---|---|---|
|DEC Turkey/Syria|||Earthquake||Appeal|Disaster relief aid|5,000||
|Elmbridge
CAN||||||Connnnnity
support for
refugees|5,000|5,000|
|Shelterbox Trust||||||Support ofthe homeless|3,000||
|Crisis UK||||||Support for the homeless|2,000||
|Medical Detection||Dogs||||Early detection of
diseases|2,000||
|The Trussel
I Trust||||||Provision ofemergency
food banks|2,000||
|Veterans
lvith Dogs||||||Mental health support to
artned forces veterans|2,000||
|Waterm iII Theatre||||||Nurturing
theatre and the
performing
arts|2,000||
|RNLI||||||Maritime
rescue|1,500|1,500|
|Choose Love||||||Humanitarian
Aid|1,000||
|The Capcrmvray|Missionary|||Fellolvship||Evangelical
Christian
education|1,000||
|||||||Support to chiklren,|||
|Youth and Families|||Matter|||young people and|1,000|5,000|
|||||||fam ilies|||
|Maly's Meals, Haiti Earthquake|||||Appeal|Disaster relief aid||10,000|
|Afghan
&.Central||Asian Association||||Support for Afghan
refugees||5,000|
|DEC Ukraine
I-lumanitarian||||Appeal||Ilunlanltal
ian Aid||5,000|
|Maly's Meals||||||Provision ofschool
meals||5,000|
|Hampshire
& Isle||ofWight||Air|Ambulance|Transpolt
for medical
enlel gencles||1,000|
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