| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| INCOME | ||||||
| Donations Other Income |
82,462 6 |
62,514 I |
||||
| Investment income |
76,220 | 80,699 | ||||
| TOTAL INCOME | 158,688 | 143,214 | ||||
| EXPENDITURE | ||||||
| Sundry costs | 557 | 756 | ||||
| Charitable activities |
||||||
| Costs ofgiving grants | 3,4 | 98,681 | 132,276 | |||
| TOTAL EXPENDITURE | 99,238 | 133,032 | ||||
| OTHER RECOGNISED GAINS/(LOSSES) | ||||||
| Gains/(losses) on investment |
assets | (225,172) | 288,284 | |||
| NET INCOME/(EXPENDITURE) | (165,722) | 298,466 | ||||
| RECONCILIATION | OF | FUNDS | ||||
| Fund balances brought | forward at | I July 2021 | 2,977,876 | 2,679,410 | ||
| FUND BALANCES | CARRIED | |||||
| FORWARD AT30JUNE | 2022 | 2,812,154 | 2,977,876 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| FIXEDASSETS | |||||
| Investments | 2,693,992 | 2,789,241 | |||
| CURRENT ASSETS | 2,693,992 | 2,789,241 | |||
| Debtors/prepayments | 125 | 1,000 | |||
| Accrued Income | 4,030 | 6,850 | |||
| Cash at bank and in hand | 169,318 | 221,458 | |||
| CURRENT LIABILITIES | 173,473 | 229,308 | |||
| Creditors: amounts | falling due within | one year | (55,311) | (40,673) | |
| NET CURRENT ASSETS | 118,162 | 188,635 | |||
| NET ASSETS | 2,812,154 | 2,977,876 | |||
| THE FUNDS OFTHE CHARITY | |||||
| Unrestricted income funds |
|||||
| General fund | 2,812,154 | 2,977,876 | |||
| Designated fund |
|||||
| 2,812,154 | 2,977,876 |
| I. | DONATIONS | 2022f | 2021f | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Members' Donations Anonymous Corporate 1'unds GiA aid reclaim |
19,688 30,000 28,500 4,274 |
22,258 33,400 6,856 |
|||||||
| 82,462 | 62,514 | ||||||||
| 2. | INVESTMENT INCOME | 2022 | 2021 | ||||||
| Income arising from Bank interest |
the charity's | UK listed | investments | portfolio | 76,220 6 |
80,699 1 |
|||
| 76,226 | 80,700 | ||||||||
| 3. | EXPENDITURE 2022 | Costs | of | ||||||
| Generating | Costs of | Total | |||||||
| funds | Giving grants | 2022f | |||||||
| Direct costs | |||||||||
| Grants and donations | awarded | (see note 4) | 96,445 | 96,445 | |||||
| Indirect costs | |||||||||
| General Office Costs | |||||||||
| Investment Advice |
|||||||||
| Accountancy fees Bank charges |
547 ll |
2,190 46 |
2,737 57 |
||||||
| 558 | 98,681 | 99,239 |
| reimbursed for any expenses in |
reimbursed for any expenses in |
curred on behalf |
ofthe Fund during | the current or previo | us period. |
|---|---|---|---|---|---|
| EXPENDITURE 2021 | Costs of | ||||
| Geaerating | Costs of | Total | |||
| fundsf | Giving grants f |
2021 | |||
| Direct costs | |||||
| Grants and donations | awarded | (see note 4) | 129,249 | 129449 | |
| Indirect costs | |||||
| General Office Costs | |||||
| Investment Advice |
|||||
| Accountancy fees Bank charges |
752 4 |
3,009 18 |
3,761 22 |
||
| 756 | 132,276 | 133,032 |
| GRANTS AND DONATIONS | GRANTS AND DONATIONS | AWARDED (see note 3) | 2022f | 2021 | |
|---|---|---|---|---|---|
| Other purposes (continued) |
|||||
| Brought forward | 4,900 | 4,950 | |||
| Disabled Fencing —Piers Gill | iver | ||||
| Festival ofSt Cecilia | 500 | ||||
| Sexcentenary grants |
|||||
| British Art Medal society —Student medal project |
250 | 250 | |||
| The Sheriffs' &Recorder's Fund |
—Trial & Error | 1,400 | |||
| /(tetched fundi ng | 7,050 | 5300 | |||
| Vision Foundation Friends ofHolypor |
1,000 1,000 |
||||
| Little Village / 2020 Change/ |
The kids Network | 1,000 | |||
| Uncommitted funds | 3.000 | ||||
| Livery School Link —Annual |
Subscription | 125 | 125 | ||
| Mary Le Bow Young Homeless Charity Vicar's Relief Fund (Saint Martins in the Field) |
1,000 | 1,000 | |||
| Prosperity —Ukraine Zoological Society |
5,000 1,000 |
||||
| Womens Trust | 9306 | ||||
| Cutlers NHS Livery Bright Ideas (SCT Evaluation) Barts Health |
5,000 1,800 40,230 |
||||
| 16,331 | 48.155 | ||||
| 96,445 | 129,248 |
| INVESTMENTS | 2022f | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|
| Investments listed on a recognised |
stock exchange | in the | UK at | |||||
| market value: | ||||||||
| I July 2021 Additions at cost * |
2,789,241 129,923 |
2,500,925 | ||||||
| Disposal proceeds | ||||||||
| Unrealised gains (losses) |
in | the year | (225,172) | 288,284 | ||||
| Realised gains | ||||||||
| At 30June 2022 | 2,693,992 | 2,789,241 | ||||||
| Represented by investment |
in: | |||||||
| Alpha CIF for endowments | (2,266,809.01 income units) | 2,693,992 | 2,789,241 | |||||
| Alpha CIF for income and | reserves (15,826.04 income | units) | ||||||
| 2,693,992 | 2,789,241 | |||||||
| Historical cost ofinvestments | 2,014,765 | 1,884,739 | ||||||
| CREDITORS: amounts | falling due within | one year | 2022 | 2021 | ||||
| 8 | ||||||||
| Amounts held as custodian |
for The Cutlers Surgical Award | Fund aad | 26,853 | 20,920 | ||||
| Sexcentenary Fund |
||||||||
| Accruals | 28,458 | 18,782 | ||||||
| Trade Creditors | 970 | |||||||
| 55,311 | 40,672 |
| STATEMENT OF THE MOVEMENT | STATEMENT OF THE MOVEMENT | IN FUNDS | 2022 | 2021 |
|---|---|---|---|---|
| Unrestricted income |
funds —General Fund: | |||
| I July 2021 | 2,977,876 | 2,679,410 | ||
| Income | 158,688 | 143,214 | ||
| Expenditure | (99,239) | (133,032) | ||
| Gains on stock market | (225,172) | 288,284 | ||
| Transfer to designated | fund | |||
| At 30 June 2022 | 2,812,153 | 2,977,876 | ||
| Sexcentenary sub account |
||||
| I July 2021 | ||||
| Income | ||||
| Expenditure | ||||
| Gains/(losses) on investments |
||||
| Transfer to designated | fund | |||
| At 30June 2022 |