##
||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Notes|6||
|INCOME AND EXPENDITURE|||||||
|Incoming
Resources;|||||||
|Incoming
resources from generated
Donation
from NASLIWT||funds:|||260,484|253, 127|
|Donated services from NASUWT|||||179,641|166,635|
|Donations,
legacies snd sundry
Investment
income|income||||3,629
69844|730
61,914|
|Total Incoming resources|||||493,296|482,408|
|Resources expended:|||||||
|Raising funds:
Investment
and property management
Investment
propeAy costs|||fees||8,216
2,063|8,694
1,491|
|Finance costs||||||1|
|Charitable
activities:|||||||
|General grants
Staff casts|||||169,100
171,168|178,106
161,696|
|Premises cosfs|||||8,483|4,940|
|Benevolent loans wdtten
off
Legal and Professional|||||1,296
13216|9904|
|Total resources
expended|||||373530|36,4 831|
|Net Income before revaluations|||||119,768|117,575|
|Gains/(losses)
on Investment
assets
Revaluation
of Investment
property|||||(143,814)
~62848|123,074|
|Net movement
in funds for the year|||||(76,894)|240,649|
|Fund balances
brought
forward|at 1|January 2022|||2 572511|2 331 862|
|Fund balances carried forward
2022|at|31 December||10|2495617|2 572 51,1|
##
|||2022|2021|
|---|---|---|---|
||Notes|E||
|FIXEDASSETS||||
|Investments||1,517,173|1,718,518|
|DEBTORS:||||
|Due after more than one year||||
|Benevolent
loans||69,066|61,391|
|CURRENT ASSETS||||
|Sundrydebtors||31,579|283,252|
|Benevolent
loans||1,020|1,020|
|Cash et beck||930,703|547,230|
|||963,302|831,502|
|CURRENT LIABILITIES||||
|Sundry creditors||(43,614)|(39,200)|
|NET CURREh!T ASSETS||919,366|792,302|
|NET ASSETS||2,495,617|2,572,511|
|FUNDS||||
|General - Unrestricted|10|2,495,617|2,572,511|
##
||ST|ATEM
31|ENT OF GASHFLO
DECEMBER 2022|WS|||
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||||8|
|CASH FLOWS FROM OPERATING||ACTIVITIES|||||
|Net income/(expendltttre)
for the reporting|||period||(78,894)|240.649|
|Interest received|||||(1,490)|(38)|
|Rent from investments|||||(18,360)|(18,360)|
|Dividends
received|||||(39,794)|(43,516)|
|(Gains)/losses
on investments|||||143,814|(123,074)|
|Investment
management
fees|||||6,222|5,587|
|(Gains)/losses
on revaluation|of investment||properly||62,848||
|(Increase)/ decrease
In debtors|||||264,008|(269,680)|
|Increase/(decrease)
in creditors|||||4,714|28,675|
|Net cash provided
by((used|in) operating||activities||324,068|(179,757)|
|CASH FLOWS FROM INVESTING||ACTIVITIFS|||||
|interest
received|||||1,490|38|
|Rent from inveslments|||||18,360|18.360|
|Dividends
received|||||39,794|43,516|
|Invested
funds|||||276|4,877|
|Investment
income
rein vested|||||(516)|(4,937)|
|hlet cash provided
by/(used|in) investing||activities||69,406|61,654|
|INCREASE/(DECREASE)
IN
THE YEAR|CASH|AhlD CASH EQUIVALENTS||Ih!|383,473|(118,103)|
|Cash and cash equivalents
at|the beginning||ofthe year||647,230|665,333|
|TOTAL CASH AND CASH EQUIVALEiNTS AT THE END OF THE|||||||
|YEAR|||||930,703|547,230|
##
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|GRANTS PAYABLE|||||
|---|---|---|---|---|
||||2022|2021|
||||2||
|Benevolentloans
oonverfed||to grants|||
|To individuals
398(2021:446)|||150,886|158,977|
|To NASUWT Federations|43 (2021:52)||15,823|18,875|
|Legal and management|expenses||2 391|254|
||||168,100|178,108|
|The ultimate
beneficiaries|of|NASUWT Federations|Grants are individuals.||
|INVESTll/IENTS|||||
|Investments
are stated at|market value.||||
||||2022|2021|
|MARKET VALUE:|||||
|At 1 January
2022|||1,240,870|1,123,223|
|Income Account Movement|||239|260|
|Investment
management
Revaluation
to fair value|fees||(5,222)
~143814|(5,587)
123074|
|At 31December 2022|||1,082,173|'l,240,970|
||||2022|2021|
|Iylarket value made
up ae follows:|||6|6|
|UK Fixed Interest|||87,787|89,547|
|Overseas
Fixed Interest|||17,287|18,721|
|UK Equities|||562,611|599,247|
|Overseas
Equities
Alternatives|||270,280
116,'880|358,320
135,512|
|Broker account|||37348|41 623|
|Total listed Investments|||1092173|1 240 970|
|Property|||||
|Att January
2022
Revaluag
on|||477,848
~92848|477,848|
|At 31 December 2022|||425,000|477,848|
|Total investments|||1 617173|1 718818|
|Material
investments|||||
|Property —Genest* Road|||425,000|477.848|
|S4 Capital Pic|||16,271|54,524|
|Edinburgh
Dragon Trust|||12,360|34,636|
|Royal Dutch Shell|||48,846|28,570|
|Astrazeneca
Plo|||52,725|40,787|
|Expe rien|||28,130|38,320|
|BPPlc|||30869||
|Historic cost of Investments|||886,419|875,371|
##
##
##
|DEBTORS||||
|---|---|---|---|
|||2022|2021|
|||g|2|
|Benevolent|loans|||
|Due under|1 year|1 020|1 020|
|Due over 1|year|59056|61 391|
##
##
|||||2022||2021||
|---|---|---|---|---|---|---|---|
|||||||2||
|Accruals|end|deferred|income|43|914|39|200|
##
|||||||Fund|Income|Expenditure|Gains and|Fund|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||balances|||(losses)|balances 31|
|||||||1 January||||December|
|||||||2022||||2022|
|0|t|10|eeet|t 1|d|2 572611|4,93,298|~373.530|~743814|2 846,465|
|||||||Fund|Income|Expenditure|Gains and|Fund|
|||||||balances|||(lessen)|balances 31|
|||||||1 January||||December|
|||||||2021||||2021|
|Cent||10|ete|tt|d|2331,862|452406|~364,831|123,074|2,572,511|
|All|charitable||funds|are|unrestrtcted.||||||
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||||||2022|2021|
|---|---|---|---|---|---|---|
|Financial|assets|||||2|
|Financial|assets measured|at fair value|||'l,092,174|1,240,970|
|Financial|assets that are debt instruments||measured|at|||
|amortised|cost||||916M|349,633|
||||||2022|2021|
|Financial|Liabilities|||||9|
|Financial|liabilities measured|at amortised|cost||43914|39,200|
|he entity's
income, expense,
gains and losses
elow,
'|in|resp|ect o|f financial
instrume|nts
are sum|
|---|---|---|---|---|---|
|||||2022|2021|
|||||f|6|
|Total investment
income for financial assets measured|||at|||
|fair value through
income and expenditure||||39,794|43,516|
|Net gains((losses)
on financial assets measured|st|fair||||
|value through
Income and expenditure||||(143,814)|123,074|
|Total Interest income for financial assets measured||at||||
|amortised
cost through
income and expenditure||||1 499|38|
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