| Page | |
|---|---|
| Legal andAdministrativelnformation | 1 |
| Directors' Report | 2-4 |
| lndependentExaminer's Report | 5 |
| StatementofFinancial Activities | 6 |
| BalanceSheet | 7 |
| Notes totheFinancial Statements | 8-12 |
10 July 2024
| 2023 | 2022 | |||
|---|---|---|---|---|
| Note | Unrestricted | Unrestricted | ||
| FundsI | FundsI | |||
| lncomeFrom | ||||
| lnvestments | 2 | 128.999 | 116,099 | |
| Total | 128,999 | 116,099 | ||
| Expenditureon: Charitable activites |
3 | (92,120) | (116,588) | |
| Total | (92,120) | (116,588) | ||
| Netincome/(expenditure) for theyearbefore Netgains/(losses) on investments |
36,878 | (48e) | ||
| Net gains/(losses)oninvestments | 5 | 33,208 | 542.715| | |
| Netincome/(expenditure) for theyear | 70,086 | (543,204) | ||
| ReconciIiation offunds | ||||
| Balance broughtfonvardaI1January2023 | 3,979,575 | 4,522,779 | ||
| Balancecarried fonuardat 31 December2023 | 4,049,661 | 3,979,575 |
| Note | 2023 € |
2022 f |
|||
|---|---|---|---|---|---|
| FixedAssets | |||||
| lnvestments | 5 | 3,957,527 | 3,924,319 | ||
| GurrentAssets | |||||
| Cash at bank and inhand | 95,314 | 60,956 | |||
| Greditors:amounts falling due withinoneyear |
6 | (3,180) | (5,700) | ||
| NetCurrent Assets | 92,134 | 55,25ô | |||
| NetAssets | 4,049,661 | 3,979,575 | |||
| Funds | |||||
| Unrestricted Funds | 4,049,661 | 3,979,575 | |||
| TotalGharityFunds | 4,049,661 | 3,979,575 |
| g)Criticalaccountingestimatesand areas ofjudgement Nosignificantestimatesorjudgementshave been made by statements. |
management in preparing these financial | |
|---|---|---|
| 2 | lnvestment lncome | 2023 2022 |
| € € |
||
| lncome received from: Charities Growth& lncomeFund ClassA |
128,999116,099 | |
| 128,999116,099 |
| 3 | Costs of charitableactivities | 2023 | 2022 |
|---|---|---|---|
| Ê | € | ||
| All grants consist of one individualgrant for thefullamount to | |||
| thefollowinglnstitutions: | |||
| Launchpad(financialeducation,money management) YourPlace/CaritasAnchorHouse(financialeducation,housing) |
25,000 | 24,000 20,000 |
|
| Youth Concern(financialeducation,moneymanagement,housing) | 25,000 | 25,000 | |
| MyBnk (financialeducation,money management) | 20,000 | ||
| Young Enterprise(financialeducation) | 25,000 | ||
| Caring in Bristol(Financial education, housing) | 8,000 | ||
| Totalgrantspayable | 75,000 | 97,000 | |
| Support costs: | |||
| Administrationfee-TheBuildingSocieties Association | 13,183 | 13,183 | |
| Bank charges | 93 | 73 | |
| Governancecosts: | |||
| lndependent Examiner's remuneration | 3,180 | ||
| Auditor'sremuneration | 5,700 | ||
| lnsurance | 65r | 619 | |
| Companies Housefee | 13 | 13 | |
| Total charitable expenditure | 92,120 | 116,588 |
1,Schedule 6 oftheFinanceAct2010.Notaxchargehas a |
risen during the year. | |
|---|---|---|
| Listed Investments | 2023 Ê |
2022 f |
| Blackrock CharitiesGrowth & lncomeFund | 3,957,527 | 3,924,319 |
| 3,957,527 | 3,924,319 | |
| Valuation | ||
| AtIJanuary2023 | 3,924,319 | 4,467,034 |
| Gain/(loss)onRevaluation | 33,208 | 542.715| |
| At3lDecember 2023 | 3,957,527 | 3,924,319 |
| 2023 | 2022 |
|---|---|
| € | f |
| 3,180 | 5,700 |
| SummaryofFund | s | ||||
|---|---|---|---|---|---|
| Balance at | |||||
| BalanceatI January2023 |
lncome | Expenditure | Gains/(losses) on investments |
31 December |
|
| 2023 | |||||
| € | Ê | Ê | f | Ê | |
| Current Year | |||||
| Unrestricted funds | 3,979,575 | 128,998 | (92,1201 | 33,208 | 4,049,661 |
| Balance at | |||||
| BalanceatI January 2022 |
lncome | Expenditure | (Losses)/gains on investments |
31 December |
|
| 2022 | |||||
| Ê | € | Ê | € | Ê | |
| PriorYear Unrestricted funds |
4,522,779 | 116,099 | (116,588)(542,7151 | 3,979,575 |
| AnalysisofNetAs | sets BetweenFund | s | |
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| 2023 | 2023 | 2023 | |
| Ê | € | Ê | |
| lnvestments | 3,957,527 | 3,957,527 | 3,957,527 |
| Other debtors | |||
| Cash at bankand | 95,314 | 95,314 | 95,314 |
| inhand | |||
| Creditors | (3,r80) | (3,180) | (3,180) |
| 4,049,661 | 4,049,661 | 4,049,661 |