| Page | |
|---|---|
| Reportofthe Trustees | 1to3 |
| Statementof FinancialActivities | 4 |
| BalanceSheet | 5 |
| Notes totheFinancialStatements | 6to8 |
| for | theYearEnd | ed31March2023 | |||
|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | ||
| Unrestricted | Endowment | Total | Total | ||
| Fundsf | Funds f, |
Funds f |
Fundsf | ||
| Notes | |||||
| INCOME | |||||
| Voluntaryfncome | |||||
| Legacy received | 400,000 | 400,000 | |||
| Incomefromraising funds | |||||
| Investment income | 5.561 | 3.869 | |||
| EXPENDITURE | 5,561 | 400,000 | 405,56I | 3,869 | |
| Charitable activities | |||||
| Grants payable: | |||||
| Nepton Charity distribution | 2,950 | 2,950 | 3,250 | ||
| Bursaries | 1,750 | ||||
| Governancecosts | 2 | I | 80 | 81 | 81 |
| TotalexpendÍture | 2.951 | 80 | 3"031 | s.081 | |
| NETrNCOME/(EXPENDTTIIRB) | 2,610 | 3gg,g20 |
402,530 | (1,212) | |
| Otherrecognisedgains/(losses) | |||||
| Gains/(losses) on investments | 5 | (7.s31) | (7.s31) | 6.231 | |
| Netmovementin funds | 2,610 | 392,389 | 394,999 | 5,019 | |
| RECONCILIATIONOF'['UI[DS | |||||
| Total funds broughtforward | 9.632 | t25.094 | 134.726 | t29.707 | |
| TOTALFTJNDSCARRIED FORWARD | t2.242 | 5J1Æ3 | 529.72s | 134J26 |
| BalanceSheet At31March2023 |
|||
|---|---|---|---|
| 2023 | 2022 | ||
| Notes | f | f | |
| FIXEDASSETS Investments |
4 | 117.563 | 125.094 |
| CURRENTASSETS | |||
| Cashatbank | 412,162 | 9,632 | |
| Less: Creditors amountsfallingduewithin | |||
| one year | |||
| NETCT]RRENT ASSETS | 412,162 | 9,632 |
|
| TOTALASSETSLESSCURRENT LIABILITIES |
529,725 | 134,726 | |
| NETASSETS | _s2ef2s. | 134J26 | |
| FT]NDS | 5 | ||
| Unrestrictedfunds | 12,242 | 9,632 | |
| ExpendableEndowmentfund | 400,000 | ||
| Permanent Endowmentfunds | ll7,483 | 125,094 | |
| TOTALF'IINDS | _s29J2s. | _l3ll26 |
| Bank | andinvestment custodiancharges | 2023 f. gl |
2022 r. g1 |
|---|---|---|---|
| FIXEDASSETINVESTMENTS | |
|---|---|
| Listed | |
| investments | |
| fl | |
| MARI(ET VALUE AflApnl2022 |
125,094 |
| Revaluation | (7,531) |
| At3IMarch2023 | 117,563 |
| The marketvalueoflistedinvestments ismadeupofthefollowingholdings: | |
|---|---|
| 4,047M&,G Charifundincome units | 60,024 |
| 22,695.789M&GCharibondincome units | 24,863 |
| 7,744 COIFCharityFunds investment incomeunits | 32.676 |
| Total | rr7.563 |
| HISTORICCOST | |
| AL3lMarch2023 | 52,671 |
| At3lMarch2022 | 52,677 |
| MOVEMENT INFTII\DS | |||
|---|---|---|---|
| Net | |||
| 2022 | movementin | ||
| AtI.4.2l | funds | At3r.3.22 | |
| f, | f | r. | |
| Unrestricted funds | |||
| Generalincomefund | 10,844 | (1,212) | 9,632 |
| PermanentEndowment funds | |||
| Nepton Charity | I 18,863 | 6,231 | 125,094 |
| TOTALFUNDS | rzenJ | 5,019 | _rw26 |
| 2023 | ||||
|---|---|---|---|---|
| At1.4.22 | Net/,lt31.3.23 | |||
| movement | ||||
| infunds | ||||
| f. | î. | f, | ||
| Unrestricted funds | ||||
| General incomefund | 9,632 | 2,610 | 12,242 | |
| Endowment funds | ||||
| Nepton Charity þermanent) | 125,094 | (7,6t1) | 117,483 | |
| BridgesBequest (expendable) | 400,000 | 400,000 | ||
| TOTALF'IINDS | 134J26 | 394,599 | 5ÐJ25 |