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||Page|
|---|---|
|Reportofthe Trustees|1to3|
|Statementof FinancialActivities|4|
|BalanceSheet|5|
|Notes totheFinancialStatements|6to8|





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|for|theYearEnd|ed31March2023||||
|---|---|---|---|---|---|
|||2023|2023|2023|2022|
|||Unrestricted|Endowment|Total|Total|
|||Fundsf|Funds<br>f,|Funds<br>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|<br>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|






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||BalanceSheet<br>At31March2023|||
|---|---|---|---|
|||2023|2022|
||Notes|f|f|
|FIXEDASSETS<br>Investments|4|117.563|125.094|
|CURRENTASSETS||||
|Cashatbank||412,162|9,632|
|Less: Creditors amountsfallingduewithin||||
|one year||||
|NETCT]RRENT ASSETS||412,162|<br>9,632|
|TOTALASSETSLESSCURRENT<br>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|





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|Bank|andinvestment custodiancharges|2023<br>f.<br>gl|2022<br>r.<br>g1|
|---|---|---|---|





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|FIXEDASSETINVESTMENTS||
|---|---|
||Listed|
||investments|
||fl|
|MARI(ET VALUE<br>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|



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|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|





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|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|



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