| Page | |
|---|---|
| Legal and Administrative lnformation | I |
| Directors' Report | 2-4 |
| lndependent Auditors' Report | 5-7 |
| StatementofFinancial Activities | I |
| Balance Sheet | I |
| Notes totheFinancial Statements | 10-14 |
07 July 2023
| 2022 | 2021 | |||
|---|---|---|---|---|
| Note | Unrestricted | Unrestricted | ||
| Funds | Funds | |||
| € | Ê | |||
| lncomingResources | ||||
| lncoming resourcesfromgenerating funds: lnvestment income |
2 | 116 099 | 106,540 | |
| Total lncomingResources | r16,099 | 106,540 | ||
| ResourcesExpended Costs of charitable activites |
3 | (116,5S8) | (12e,93e) | |
| Total Expenditure | (116,588) | (129,939) | ||
| Net(outgoing)/incomingresourcesfor the year before otherrecognisedlosses |
(48e) | (23,3ee) | ||
| Net (losses)/gainsoninvestments | 5 | (542,715| | 306,425 | |
| Netexpenditure/income for theyear | (543,204) | 283,026 | ||
| Reconciliationoffunds | ||||
| Balance broughtforward at1January 2022 | 4,522,779 | 4,239,753 | ||
| Balancecarriedforwardat3lDecember 2022 | 3,979,575 | 4,522,779 |
| Note | 2022 t |
2021 € |
||||
|---|---|---|---|---|---|---|
| FixedAssets | ||||||
| lnvestments | 5 | 3,924,31s | 4,467,034 | |||
| CurrentAssets | ||||||
| Cash at bank and inhand | 60,956 | 60,485 | ||||
| Greditors:amounts fallingdue withinoneyear |
6 | ( | 5.700) | (4,740) | ||
| NetGurrentAssets | 55,256 | 55,745 | ||||
| NetAssets | 3,979,575 | 4,522,779 | ||||
| Funds | ||||||
| Unrestricted Funds | 3,979,575 | 4,522,779 | ||||
| TotalGharityFunds | 3,979,575 | 4,522,779 |
| Noestimatesorjudgementshave been made by managemen | t in preparing thesefinancialsta | tements. | |
|---|---|---|---|
| 2 | lnvestmentlncome | 2022 ʀ |
2021 |
| lncome received from: | |||
| CharitiesGrowth & lncomeFund ClassA | 116,099 | 75,556 | |
| Charities UK EquityFund Charities UK BondFund |
22,893 4,318 |
||
| GloballncomeFund | 3,773 | ||
| 116,099 | 106,540 |
| 3 | Costsof charitableactivities | 2022 | 2021 |
|---|---|---|---|
| € | € | ||
| All grants consist of oneindividual grant for thefullamount to | |||
| thefollowinglnstitutions: | |||
| Launchpad(financialeducation,money management) CaritasAnchorHouse(financial education, housing) |
24,000 20,000 |
20,000 | |
| Youth Concern(financialeducation,money management, housing) | 25,000 | 22,000 | |
| MyBnk (financial education,money management) Shelter(financialeducation,housing) |
20,000 | 25,000 | |
| Treloar (financial education,money management) | 45,000 | ||
| Caring in Bristol(Financial education, housing)) | 8,000 | ||
| Totalgrantspayable | 97,000 | 112,000 | |
| Support costs: | |||
| Administrationfee-TheBuildingSocieties Association | r3,183 | 11,855 | |
| Bank charges Governance costs-Auditor'sremuneration |
73 5,700 |
5,473 | |
| lnsurance | 619 | 598 | |
| Companies Housefee | 13 | 13 | |
| Totalcharitableexpenditure | 116,588 | 129,939 |
| Cost of charitable activitiesoff116,588 (2021:[129,939)we Taxation Thecompany has charitable statusand accordinglyisnot income. |
re attributabletounrestricted f accountablefortaxationinre |
unds. spectofits |
|---|---|---|
| Listed lnvestments | 2022 | 2021 |
| € | € | |
| Blackrock Charities Growth& lncomeFund* | 3,924,319 | 4,467,034 |
| 3,924,319 | 4,467,034 | |
| Costor valuation | ||
| At1January2O22 Additions |
4,467,034 | 4,160,609 4,146,378 |
| Disposals Appn/(Depn) |
(542,71s) | (4,146,378) 306.425 |
| At31December 2022 | 3,924,319 | 4,467,034 |
| 2022 € |
2021r |
|---|---|
| 5,700 | 4,740 |
| SummaryofFund | s | ||||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at1 January 2022 |
lncome | Expenditure | (losses)/Gains on investments |
31 December 2022 |
|
| € | r | Ê | f | Ê | |
| Current Year Unrestrictedfunds |
4,522,779 | 116,099 |
(@ !- |
3,979,575 | |
| Balance at | |||||
| BalanceatI January2021 |
lncome | Expenditure | Gains/(losses) on investments |
3l December |
|
| 2021 | |||||
| t | Ê | € | € | € | |
| PriorYear Unrestrictedfunds |
4,239,753 | 106,540 | (129,939)306,425 - |
4,522,779 |
| AnalysisofNetAs | setsBetweenFund | s | |
|---|---|---|---|
| Unrestricted | Total | Total | |
| funds | funds | funds | |
| 2022t | 2022 Ê |
2021 f |
|
| lnvestments | 3,924,319 | 3,924,319 | 4,467,034 |
| Other debtors | |||
| Cash at bank and | 60,956 | 60,956 | 60,485 |
| inhand | |||
| Creditors | (5,700) | (5,700) | (4,740) |
| 3,979,575 | 3,979,575 | 4,522,779 |