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|Trustees'
Annual
Report||||1-6|
|Independent
Examiner's|report to the trustees||||
|Statement
of Financial|Activities|(including|Income and||
|Expenditure
Account)|||||
|Balance Sheet|||||
|Notes to the financial statements|||||
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|Registered|charity name|charity name|charity name|charity name|Orient Foundation|Orient Foundation|for Arts|and Culture|
|---|---|---|---|---|---|---|---|---|
|Charity registration|||number||287817||||
|Company|registration|||number|01749152||||
|Principal office and|||registered||Cooper House||||
|office|||||Lower Charlton|Estate|||
||||||Shepton
Mallet||||
||||||Somerset||||
||||||BA4 5QE||||
|Chief executive officer|||||G Coleman||||
|The trustees|||||J Heywood||||
||||||D H G Lascelles,||Earl of Harewood||
||||||Prof Dr J Anderson||||
||||||R Broadbank||||
||||||M Jacobsgaard||||
||||||E Walker||||
||||||R Z Fleming||||
||||||A B H Turnbull
(appointed|||7 June 2021)|
|Company|secretary||||J Heywood||||
|Independent||Examiner|||Joshua
Kingston||ACA||
||||||Burton Sweet Ltd||||
||||||Chartered
accountant||||
||||||Cooper House||||
||||||Lower Charlton|Estate|||
||||||Shepton
Mallet||||
||||||Somerset
BA4 5QE||||
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|||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|2021|
||||Note|||||
|Income from:||||||||
|Donations|and legacies||||276,539|276,539|192,517|
|Charitable|activities|||43,189||43,189|33,372|
|Investments||||3||3|6|
|Total income||||43, 192|276,539|319,731|225,895|
|Expenditure|on:|||||||
|Charitable|activities|||4,312|214,219|218,531|220,782|
|Total expenditure||||4,312|214,219|218,531|220,782|
|Net income/(expenditure)
movement
in funds||and net||38,880|62,320|101,200|5,113|
|Total funds|at start ofyear||17|477,211|32,292|509,503|504,390|
|Total funds|at end ofyear||17|516,091|94,612|610,703|509,503|
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|||||2022|2021|
|---|---|---|---|---|---|
||||Note|||
|Fixed assets||||||
|Tangible assets|||13|364,934|358,310|
|Investments|||14|2|2|
|||||364,936|358,312|
|Current assets||||||
|Debtors|||15|107,511|116,376|
|Cash at bank and||in hand||144,850|45,388|
|||||252,361|161,764|
|Liabilities||||||
|Creditors: amounts||falling||||
|due within one||year|16|(6,594)|(10,573)|
|Net current|assets|||245,767|151,191|
|Total assets|less current liabilities|||610,703|509,503|
|Net assets||||610,703|509,503|
|FUNDS||||||
|Unrestricted|funds|||||
|General|funds||18|516,091|477,211|
|Restricted funds|||18|94,612|32,292|
|Total funds||||610,703|509,503|
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|Plant and machinery|4-25%%uo straight|line|
|---|---|---|
|Fixtures and fittings|10-15%%uostraight|line|
|Motor vehicles|15-25%%uostraight|line|
|Archive
8 database|No depreciation||
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|Income from: Donations
and|legacies|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|Total Funds|
|||Funds|Funds|2022|2021|
||||Z|E||
|Donations|||101,224|101,224|29,575|
|Grants received||||||
|Donations received through|TMS||175,315|175,315|162,942|
||||276,5 9|276,539|192,517|
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|Income from: Charitable
activities|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total Funds|Total Funds|
||Funds|Funds|2022|2021|
||E|E|E||
|Royalities from publications|43,189||43,189|33,372|
|Sale of publications|||||
||43, 189||43,189|33,372|
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|Current y|ear||||||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2022|
|||||||f.||E|
|Online services, multimedia|||library|8,archive development||4,312|115,617|119,929|
|Donations|to charities|in India 8, Nepal received|||from TMS||92,215|92,215|
|Support costs|||||||6,387|6,387|
|||||||4,312|214,219|218,531|
|Prior year|||||||||
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2021|
||||||||E|E|
|Online services, multimedia|||library|8,archive development||1,443|102,799|104,242|
|Donations|to charities|in India 8 Nepal received|||from TMS||110,714|110,714|
|Support costs|||||||5,826|5,826|
|||||||1,443|219,339|220,782|
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|Support costs|||||
|---|---|---|---|---|
|||Charitable|Total|Total|
|||Activities|2022|2021|
|||E|||
|Finance costs||1,374|1,374|1,392|
|Governance|costs||||
|Independent|Examiner's fee|2,763|2,763|2,634|
|Bookkeeping||2,250|2,250|1,800|
|||6,387|6,387|5,826|
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|The ag|gregate
payroll costs were:|||
|---|---|---|---|
|||2022|2021|
|||E||
|Wages|8,salaries|48,277|46,870|
|Social|security costs|849|858|
|||49,126|47,728|
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|12|Statement
of Financial Activities comparative|Statement
of Financial Activities comparative|Statement
of Financial Activities comparative|figures||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total Funds|
||Forthe year ended 31March 2021||||Funds|Funds|2021|
||Income from:|||||||
||Gifts and donations|||||192,517|192,517|
||Charitable
activities||||33,372||33,372|
||Investments||||6||6|
||Total income||||33,378|192,517|225,895|
||Expenditure
on:|||||||
||Charitable
activities||||1,443|219,339|220,782|
||Total expenditure||||1,443|219,339|220,782|
||Net income/(expenditure)
and net movement|in|for the year
funds||31,935|(26,822)|5,113|
||Total funds at start ofyear||||445,276|59,114|504,390|
||Total funds at end ofyear||||477,211|32,292|509,503|
|13|Tangible fixed assets|||||||
|||Plant,||||
|---|---|---|---|---|---|
|||machinery,||||
|||fixtures L|Motor|Archive
8,||
|||fittings|vehicles|database|Total|
|||f.|E||E|
|Cost or valuation||||||
|At|1 April 2021|129,891|32,403|647,017|809,311|
|Additions||1,094||15,121|16,215|
|At|31 March 2022|130,985|32,403|662,138|825,526|
|Depreciation||||||
|At|1 April 2021|126,592|20,350|304,059|451,001|
|Charge for the year||1,490|8,101||9,591|
|At|31 March 2022|128,082|28,451|304,059|460,592|
|Net book value||||||
|At|31 March 2022|2,903|3,952|358,079|364,934|
|At|31 March 2021|3,299|12,053|342,958|358,310|
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|2022|2021|
|---|---|
|E||
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|Debtors||||
|---|---|---|---|
|||2022|2021|
|Due in less than one year:||||
|Trade debtors||15,072|15,000|
|Prepayments|and accrued income|10,200|10,200|
|VAT||1,339|76|
|Intercompany|TMS|||
|||26,611|25,276|
|Due in More than one year:||||
|Prepayments|and accrued income|80,900|91,100|
|||80,900|91,100|
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|Creditors: amounts
falling due within one year|||
|---|---|---|
||2022|2021|
||E,||
|Trade creditors|65|420|
|Other creditors|2,679|6,553|
|Accruals and deferred income|3,850|3,600|
||6,594|10,573|
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|For the year|ended 31 Marc|h 2022||||||
|---|---|---|---|---|---|---|---|
|||||At 1 April|||At 31 March|
|||||2021|Income|Expenditure|2022|
|||||||E|E|
|Restricted funds||||||||
|Online services, multimedia||library|8, archive|||||
|development||||32,292|276,539|(214,219)|94,612|
|||||32,292|276,539|(214,219)|94,612|
|Unrestricted|funds|||||||
|General funds||||477,211|43,192|(4,312)|516,091|
|||||477,211|43,192|(4,312)|516,091|
|Total funds||||509,503|319,731|(218,531)|610,703|
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|For the year|ended 31 Marc|h 2021||||||
|---|---|---|---|---|---|---|---|
|||||At 1 April|||At 31 March|
|||||2020|Income|Expenditure|2021|
|||||E|E|'E|E|
|Restricted funds||||||||
|Online services, multimedia||library|8,archive|||||
|development||||59,114|192,517|(219,339)|32,292|
|||||59,114|192,517|(219,339)|32,292|
|Unrestricted|funds|||||||
|General funds||||445,276|33,378|(1,443)|477,211|
|||||445,276|33,378|(1,443)|477,211|
|Total funds||||504,390|225,895|(220,782)|509,503|
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||||Unrestricted|Unrestricted||
|---|---|---|---|---|---|
|||Restricted|Designated|General|Total|
|As at 31|March 2022|Funds|Funds|Funds||
||||E|E|E|
|Tangible|fixed assets|||364,934|364,934|
|Other net assets||94,612||151,157|245,769|
|||94,612||516,091|610,703|
||||Unrestricted|Unrestricted||
|||Restricted|Designated|General|Total|
|As at 31 March 2021||Funds|Funds|Funds||
||||||E|
|Tangible|fixed assets|||358,310|358,310|
|Other net assets||32,292||118,901|151,193|
|||32,292||477,211|509,503|
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