##
##
||||Page||
|---|---|---|---|---|
|Report of|the Trustees||1 to|5|
|Report of|the Independent|Auditors|6 to|8|
|Statement|of Financial Activities||||
|Balance Sheet|||10||
|Notes to the Financial Statements|||11 to|16|
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||fund|funds|
||||Notes|E|f|
|INCOME AND ENDOWMENTS||FROM||||
|Investment
income||||98,341|98,340|
|EXPENDITURE ON||||||
|Raising funds||||27,358|25,928|
|Charitable
activities||||||
|General||||374,538|421,018|
|Other||||30,975|39,783|
|Total||||432,871|486,729|
|Net gains on investments||||148,357|1,022,026|
|NET INCOME/(EXPENDITURE)||||(186,173)|633,637|
|RECONCILIATION|OF FUNDS|||||
|Total funds
brought|forward|||3,813,072|3,179,435|
|TOTAL FUNDS CARRIED FORWARD||||3,626,899|3,813,072|
|BALANCE SHEET
5 APRIL 2022|||||
|---|---|---|---|---|
||||2022|2021|
||||Unrestricted|Total|
||||fund|funds|
|||Notes|E|f|
|FIXED ASSETS|||||
|Investments|||3,945,013|3,919,538|
|CURRENT ASSETS|||||
|Debtors|||528|528|
|Cash at bank|||86,861|245,568|
||||87,389|246,096|
|CREDITORS|||||
|Amounts
falling due within|one year||(243,503)|(280,537)|
|NET CURRENT ASSETS|||(156,114)|(34,441)|
|TOTAL ASSETS LESSCURRENT|||||
|LIABILITIES|||3,788,899|3,885,097|
|CREDITORS|||||
|Amounts
falling due after|more than one||||
|year||10|(162,000)|(72,025)|
|NET ASSETS|||3,626,899|3,813,072|
|FUNDS|||||
|Unrestricted
funds|||3,626,899|3,813,072|
|TOTAL FUNDS|||3,626,899|3,813,072|
##
##
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||E|E|
||Portfolio management||||27,358|25,928|
|4.|GRANTS PAYABLE||||||
||||||2022|2021|
||||||E|E|
||General||||347,441|378,184|
||The total grants
paid|to institutions|during|the year was as|||
||follows:||||||
||||||2022|2021|
||||||E|E|
||Opening
Grant Commitments||||(348,961)|(225,874)|
||Closing Grant Commitments||||398,283|348,961|
||Ideas Foundation|||||16,064|
||5x5x5 = Creativity|||||20,500|
||Potential
Trust||||12,000|6,000|
||RSA Tipton Acadamy|||||38,250|
||Potential
Plus UK||||17,860|13,925|
||The RSA||||56,000||
||University
of Manchester||||40,000|26,500|
||Made Here Now||||3,000||
||Craft Council||||5,000||
||Pepperneck|||||3,000|
||Knowle West Media Centre
Parliament 5Scientific Committee||||63,011|31,534
1,200|
||The OT Company||||3,600||
||Cheltenham
Festival||||||
|||||||4,000|
||National
Association|for Special Educational||Needs||12,500|
||Centre for Real World|Learning|||30,000|43,500|
||NWCCC||||56,248|38,124|
||Bristol Education
Partnership||||11,400||
||||||347,441|378,184|
##
##
##
|6.|COMPARATIVES|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES||
|---|---|---|---|---|---|---|---|
||||||||Unrestricted|
||||||||fundf|
||INCOME AND|ENDOWMENTS|||FROM|||
||Investment
income||||||98,340|
||EXPENDITURE|ON||||||
||Raising funds||||||25,928|
||Charitable
activities|||||||
||General||||||421,018|
||Other||||||39,783|
||Total||||||486,729|
||Net gains on investments||||||1,022,026|
||NET INCOME||||||633,637|
||RECONCILIATION|||OF FUNDS||||
||Total funds
brought|||forward|||3,179,435|
||TOTAL FUNDS|CARRIED FORWARD|||||3,813,072|
|7.|FIXED ASSET|INVESTMENTS||||||
||||||||Listed|
||||||||investments|
||||||||E|
||MARKET VALUE|||||||
||At 6 April 2021||||||3,919,538|
||Additions||||||475,558|
||Disposals||||||(598,440)|
||Revaluations||||||148,357|
||At 5 April 2022||||||3,945,013|
||NET BOOK VALUE|||||||
||At 5 April 2022||||||3,945,013|
||At 5 April 2021||||||3,919,538|
|||||||2022|2021|
|||||||E|E|
||Historical
cost as||at|5 April 2022||2,642,340|2,844,814|
||Investments
are||listed on a recognised|||stock exchange at market value as follows||
|||||||2022|2021|
|||||||E|E|
||UK equity
investments|||||1,735,050|1,707,597|
||Non-UK equity|instruments||||1,538,358|1,551,751|
||UK fixed interest||investments|||215,050|281,681|
||Property|||||195,170|169,404|
##
||Alternative||assets|assets|assets|||||||||261,385|261,385||209,105|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||3,945,013||3,919,538||
||Included|in||the|above||are|the following|investments|||at market|value|which|individually||represent|
||more than||5'/o of|||the total||fund||||||||||
||||||||||||||||2022||2021|
||||||||||||||||E||E|
||Vanguard||funds||pic|||||||||461,799|||384,291|
||Investment|||income during||||the year was made||up of||||||||
||||||||||||||||2022||2021|
||Dividends|||||||||||||77,758|||76,178|
||Bonds and||Gilts|||||||||||12,804|||12,458|
||Income from|||UK|Unit Trusts||||||||||7,779||9,704|
|||||||||||||||98,341|||98,340|
||Cost or valuation|||||at 5 April||2022 is represented|||by:|||||||
||||||||||||||||||Listed|
||||||||||||||||||investments|
||||||||||||||||||E|
||Valuation||in|2022|||||||||||||148,357|
||Cost|||||||||||||||3,796,656||
|||||||||||||||||3,945,013||
|8.|DEBTORS:AMOUNTS||||||FALLING DUE WITHIN||||ONE|YEAR||||||
||||||||||||||||2022||2021|
||||||||||||||||E||f|
||Prepayments|||and||accrued||income|||||||528||528|
|9.|CREDITORS: AMOUNTS|||||||FALLING DUE WITHIN ONE YEAR||||||||||
||||||||||||||||2022||2021|
||||||||||||||||E||E|
||Other creditors|||||||||||||243,503|||280,537|
##
|10.|CREDITORS:|CREDITORS:|AMOUNTS|FALLING DUE AFTER MORE THAN ONE YEAR|FALLING DUE AFTER MORE THAN ONE YEAR||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||E|E|
||Other creditors||||162,000|72,025|
|11.|MOVEMENT IN FUNDS||||||
||||||Net||
||||||movement|At|
|||||At 6.4.21|in funds|5.4.22|
|||||E|E|E|
||Unrestricted||funds||||
||General|fund||3,813,072|(186,173)|3,626,899|
||TOTAL|FUNDS||3,813,072|(186,173)|3,626,899|
|Net mo|vement|in funds,
included|in the above are as foll|ows:|||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
||||E|E|E|E|
|Unrestricted||funds|||||
|General|fund||98,341|(432,871)|148,357|(186,173)|
|TOTAL|FUNDS||98,341|(432,871)|148,357|(186,173)|
##
|Compar|atives|for movement
in fund|s|||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 6.4.20|in funds|5.4.21|
||||E|E|E|
|Unrestricted||funds||||
|General|fund||3,179,435|633,637|3,813,072|
|TOTAL|FUNDS||3,179,435|633,637|3,813,072|
|Compara|tive|net movement
in fu|nds,
included
in the abov|e are as follow|s:||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
||||E|E|E|E|
|Unrestricted||funds|||||
|General|fund||98,340|(486,729)|1,022,026|633,637|
|TOTAL|FUNDS||98,340|(486,729)|1,022,026|633,637|
##
|A curren|t yea|r 12 months
and prior yea|r 12 months
combined
position
is|as follows:||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 6.4.20|in funds|5.4.22|
|Unrestricted||funds||||
|General|fund||3,179,435|447,464|3,626,899|
|TOTAL|FUNDS||3,179,435|447,464|3,626,899|
|the abo|ve are|as follows:|||||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
||||E|E|E|E|
|Unrestricted||funds|||||
|General|fund||196,681|(919,600)|1,170,383|447,464|
|TOTAL|FUNDS||196,681|(919,600)|1,170,383|447,464|
##