OpenCharities

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

2023-03-31-accounts

PAGES
Trustees' annual report (incorporating the director's report) 1to2
Independent
examiner's
report to the trustees
Statement offinancial activities (including income and expenditure
account)
Statement offinancial position
Notes to the financial statements 6to10

2023 2023 2022
Unrestricted
funds Total funds Total funds
Note
Income and endowments
Donations
and legacies
Investment
income
5
6
15,000
57,308
15i000
57,30$
70,000
38,700
Total income 72,308 72,30$ 108,700
Expenditure
Expenditure
on raising funds:
Investment
management
costs
7 62,836 62,836 14,461
Expenditure
on charitable
activities 8,9 29,467 29,467 24,783
Total expenditure 92,303 92,303 39,244
Net gains on investments 10 90,000
Net (expenditure)/income and net movement in funds (19,995) (19,995) 159,456
Reconciliation offunds
Total funds brought forward 781,228 781,228 621,772
Total funds carried forward 761,233 761,233 781,228

STATEMEN T OF FINANCIAL T OF FINANCIAL POSITION
31MARCH 2023
2023 2022
Note
FIXEDASSETS
Investments 14 1,043,173 490,000
CURRENT ASSETS
Debtors 15 28,250
Cash at bank and in hand 12,372 294,157
40,622 294,157
CREDITORS: amounts falling due
within one year 16 322,562 2,929
NET CURRENT LIABILITIES (281,940) 291,228
TOTAL ASSETSLESS CURRENT
LIABILITIES 761,233 781,228
NETASSETS 761,233 781,228
FUNDS OFTHE CHARITY
Unrestricted
funds
761,233 781,228
Total charity funds 17 761,233 781,228

5. DONATIONS
AND LEGACIES
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
DONATIONS
Donations 15,000 15,000 70,000 70,000
6. INVESTMENT INCOME
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Rental income 57,298 57/98 38,624 38,624
Other interest receivable 10 10 76 76
57,308 57408 38,700 38,700

Unrestricted Total Funds Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Property expenses 62,836 62,836 14,461 14,461
8. EXPENDITURE ON CHARITABLE ACTIVITIES BYFUND TYPE
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Donations paid 26,792 26,792 19,959 19,959
Support costs 2,675 2,675 4,824 4,824
29,467 29,467 24,783 24,783

9, EXPENDI T URE ON CHA RI TABL E ACTIVITIE E ACTIVITIE S BYACTIVI TY TYPE
Grant funding Total funds Total fund
ofactivities Support costs 2023 2022
Donations paid 26,792 26,792 19,959
Governance costs 2,675 2,675 4,824
26,792 2,675 29,467 24,783
10. NET GAINS ON INVESTMKNTS
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Gains/(losses) on investment property
fair value 90,000 90,000
11. INDEPENDENT EXAMINATION FEES
2023 2022
Fees payable to the independent examiner for:
Independent examination of the financial statements 2,160 2,160

The charity
did not meet any individual
expenses
incurred
b
to the charity.
INVESTMENTS
y the trustees
for services provided
Investment
properties
Cost or valuation
At 1April 2022
Additions
490,000
553,173
At 31March 2023 1,043,173
Impairment
At 1April 2022 and 31March 2023
Carrying
amount
At31March 2023
1,043,173
At 31March 2022 490,000

15. of market
value.
The h
f400,000).
DEBTORS
istoric
cost of the
charity's
investmen
t
property
is f953,
173 (2022
2023 2022
Trade debtors 4,125
Other debtors 24,125
28/50
16. CREDITORS: amounts falling due within one year
2023 2022
Trade creditors 768 769
Accruals and deferred income 2,160 2,160
Other creditors 319,634
322,562 2,929

Unrestricte d
funds
At At
I April Gains and 31March
2022 Income Expenditure losses 2023
6 f.
General funds 781,228 72,308 (92,303) 761,233
At At
I ApHI Gains and 31March
2021 Income Expenditure losses 2022
f, 6
General funds 621,772 108,700 (39,244) 90,000 781,228
ANALYSIS OFNET ASSETSBETWEEN FUNDS
Unrestricted Total Funds
Funds 2023
Investments 1,043,173 1,043,173
Current assets 40,622 40,622
Creditors less than I year (322,562) (322,562)
Net assets 761,233 761,233
Unrestricted Total Funds
Funds 2022
Investments 490,000 490,000
Current assets 294,157 294,157
Creditors less than I year (2,929) (2,929)
Net assets 781,228 781,228