|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|3|
|Report ofthe Independent<br>Auditors|4|to|7|
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Cash Flow Statement||10||
|Notes to the Cash Flow Statement||||
|Notes to the Financial Statements|12|to|15|
|Detailed Statement ofFinancial Activities||16||





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||||||2023||2022|
|---|---|---|---|---|---|---|---|
||||||Unrestricted||Total|
||||||fund||funds|
|||||Notes||||
|INCOME|AND ENDOWMENTS FROM|||||||
|Donations|snd legacies|||2|8 000000|||
|EXPENDITURE||ON||||||
|Raising funds|||||6,008|||
|Charitable|activities|||||||
|Grants|||||921,000|||
|Total|||||927,008|||
|NET INCOME|||||7,072,992|||
|RECONCILIATION|||OFFUNDS|||||
|Total funds|brought|forward|||5,051||5,051|
|TOTAL FUNDS CARRIED FORWARD|||||7 078 043||5 051|
||||||~03<br>'8|,4||





|||2023|2022|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|fullds|
||Notes||f|
|CURRENT ASSETS||||
|Cash at bank||7,714,043|5,051|
|CREDITORS||||
|Amounts<br>falling due within one year||(636,000)||
|NET CURRENT ASSETS||7,078,043|5 051|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||7,078,043|5,051|
|NET ASSETS||7,078,043|5 051|
|FUNDS|10|||
|Unrestricted<br>funds||7,078,043|5,051|
|TOTAL FUNDS||7 078,043|5,051|





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||||The Alan Sugar Foundation|||
|---|---|---|---|---|---|
||||Cash Flow Statement|||
||||for the Year Ended 5th April|2023||
|||||2023|2022|
||||Notes|||
|Cash flows from operating|activities|||||
|Cash generated from operations||||7,708,992||
|Net cash provided by operating||activities||7,708,992||
|Change in cash and cash equivalents|||in|||
|the reporting<br>period||||7,708,992||
|Cash and cash equivalents|at|the||||
|beginning ofthe reporting|period|||5051|5051|
|Cash and cash equivalents|at|the end of||||
|the reporting<br>period||||7,714,043|5,051|





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|RECONCILIATIO<br>ACTIVITIES|N OFNE|T INCOME TO NET CASH FLOW F|ROM OPERATING||
|---|---|---|---|---|
||||2023|2022|
||||8||
|Net income for the|reporting|period (as per the Statement of|||
|Financial Activities)|||7,072,992||
|Adjustments<br>for:|||||
|Increase in creditors|||636,000||
|Net cash provided|by operations||7,799,992||



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|ANALYSIS OF CHANGES IN NE|T FUNDS|||
|---|---|---|---|
||At 6/4/22|Cash flow|At 5/4/23|
|Net cash||||
|Cash at bank|5,051|7,708,992|7,714,043|
||5,051|7,708,992|7,714,043|
|Total|5,051|7,708,992|7,714,043|





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|2,|DONATIONS|AND LEGACIES|AND LEGACIES|||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||Donations|||||8000 000||
|3.|RAISING FENDS|||||||
||Raising donations||and legacies|||||
|||||||2023|2022|
||Supportcosts|||||6,008||
|4.|CHARITABLE ACTIVITIES COSTS|||||||
||||||||Grant|
||||||||funding of|
||||||||activities|
||||||||(see note|
||||||||5)|
||||||||f.|
||Grants||||||~921000|
|5.|GRANTS PAYABLE|||||||
|||||||2023|2022|
||Grants|||||921,000||
||The total grants|paid to institutions||during the year was as follows:||||
|||||||2023|2022|
||Chigwell<br>Synagogue||and Community||Hall|900,000||
||Great Ormond|Street Hospital||||11,000||
||British Red Cross|||||10,000||
|||||||~921 000||





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||||||Governance||
|---|---|---|---|---|---|---|
|||||Finance|costs|Totals|
||||||6||
|Raising|donations|and|legacies|8|6,000|6,008|



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|COMPARATIVES|F|ORTHE STATEMENT OF FINANCIAL|ACTIVITIES|
|---|---|---|---|
||||Unrestricted|
||||fund|
|NET INCOME||||
|RECONCILIATION||OF FUNDS||
|Total funds brought|forward||5,051|
|TOTAL FUNDS CARRIED FORWARD|||~5051|





||Notes to the Financial Statements - continued<br>for the Year Ended 5th April 2023|Notes to the Financial Statements - continued<br>for the Year Ended 5th April 2023|Notes to the Financial Statements - continued<br>for the Year Ended 5th April 2023|||
|---|---|---|---|---|---|
|9.|CREDITORS: AMOI2781TS FALLING DUE WITHIN ONE YEAR|||||
|||||2023|2022|
||Other creditors|||636,000||
|10.|MOVEMENT IN FUNDS|||||
|||||Net||
|||||movement|At|
||||At 6/4/22|in funds|5/4/23|
||Unrestricted|funds||||
||General fund||5,051|7,072,992|7,078,043|
||TOTALFUNDS||5,051|7,072,992|7~078~043|
||Net movement|in funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||Unrestricted|funds||||
||General<br>fund||8,000,000|(927,008)|7,072,992|
||TOTALFUNDS||8 OtlO OOO|~927,898)|7,tl72,992|



## 



|The Alan Sugar Foundation|||
|---|---|---|
|Detailed Statement ofFinancial Activities|||
|for the Year Ended 5th April 2023|||
||2023|2022|
||f.||
|INCOME AND ENDOW221ENTS|||
|Donations<br>and legacies|||
|Donations|8,000,000||
|Total incoming resources|8,000,000||
|EXPENDITURE|||
|Charitable<br>activities|||
|Grants to institutions|921,000||
|Support costs|||
|Finance|||
|Bank charges|||
|Governance<br>costs|||
|Auditors'<br>remuneration|6,000||
|Total resources expended|927,008||
|Net income|7,972 992||