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2023-04-05-accounts

Page
Charity Particulars
Trustees'
Report
2 —5
Auditor's
Report
6 —8
Statement ofFinancial Activities
Balance Sheet 10
Notes ofthe Financial Statements

Trustees J.M. Waite
I.R.Johnson FCA
P. M, Wallace
Mrs H. L.Johnson
M.C.Morris FCA (Chair)
N.J.Doggett
C.E.Rintoul
J.A. Riley
Secretary J.M.Rea ACMA
Charity Address PO Box59
Holsworthy
EX229BB
Solicitors Browne Jacobson LLP
Mowbray
House
Castle Meadow Road
Nottingham
NG2 IBJ
Auditor Somerbys Lunrted
Chartered
Accountants
30Nelson Street
Leicester
LEI 7BA
Investment Advisers Quilter Cheviot
One Kingsway
London
WC2B 6AN

Current &Prior Financial Year Current &Prior Financial Year Note 2023 2022
$000 %000
Income and endowments
from:
Investments
Bank interest —gross
Investment
income —gross
263 236
Donations
and legacies
Total income 263 236
Expenditure
on:
Charitable
activity —Supporting
people with
learniag
disabilities
Direct charitable
expenditure
- grants payable 257 248
Support costs 15 11
Governance
costs
I 1
Total expeaditure/cost
ofgrant
making 273 260
Net (loss)/income
before gains and
losses on (10) (24)
investments
Net gains/losses
on investments
(857) 242
Investment
management
fees
(34) (36)
Net income and net movement in funds (901) 182
Reconciliation
offunds
Balance brought
forward on 6 April
2022 8,731 8,549
Balance carried forward
at 5April
2023 7,830 8,731
All Funds were unrestricted
in 2023 and 2022.

Note 2023 2022
8000 f000
Fixed assets
Investments 7,139 8,497
Current assets
Debtors 22 31
Cash at bank 672 206
694 237
Liabilities: amount falling due within one year
Creditors
Net current assets 691 234
Net assets 7,830 8,731
Funds
Unrestricted funds
Designated funds 353 505
General funds 7,477 8,226
7,830 8,731

Organisations 2023 2022
Halas Homes 25,000 25,000
Lifeworks (Bidwell Brook] 25,000
Minstead Trust 25,000 25,000
MK Snap 25,000
Plymouth
Highbury
Trust 25,000 1,992
Rossendale Trust 25,000
FAIR Ltd 24,305 25,000
Tower Project 24,278 24,278
Build Charity 8,742 9,675
Style Acre 8,250 8,250
HS4LC 7,000 25,000
Acorn Village 3,000
Just Good Friends 3,000
L'Arche Belfast 3,000
Outward
Housing
3,000
Tall Ships Youth Trust 3,000
Unity Works 3,000
Live 2,662
Barnet Mencap 2,624
Bishops Stortford Mencap 2,500
My Life My Choice 2,500
Where Next 2,300
Time Out 1,450
Stick n Step 250
12

Apuldram
Centre
16,000
Avocet Trust 21,500
Bentilee Volunteers 3,000
Culture
Shift
1,500
Helping Angels 2,400
Linkage Community Trust 25,000
Little Gate Farm 2,000
Oaklea Trust 25,000
Reach Learning 3,000
Transitions
UK
1,000
Individuals 2,200 3,750
f257,061 8248,345
3 Support Costs 2023 2022
Secretarial fees &expenses 6,595 6,509
Trustee recruitment cost 480
Insurance 763 1,054
Sundries 768
Trustees'
expenses
462 592
Subscriptions 612 444
Postage &stationery 378 360
Computer
costs
125 125
Meeting costs 75
Symposium 5,676
f14,611 f10,407

5 Investments Investments 2023 2022
Market value at 6April 2022 8,496,577 8,145,709
Additions at cost 1,056,221 1,125,258
Disposals at opening book value (1,168,008) (506,396)
Net unrealised (toss)/profit on revaluation (1,245,493) (267,994)
87,139,297 f8,496,577
Historical cost or donated value at 5 April 2023 86,326,558 f6,415,039
6 Debtors 2023 2022
Investment income receivable 21,007 30,018
Prepayments 636 1,009
Other 100
521,643 f31,127
7 Creditors 2023 2022
Accruals 83,516 83,049

Unrestricted Funds
At 6April Income Expenditure Transfers Gains/ Ass
2022 losses April
2023
General funds 8,226,311 262,503 (84,283) (70,280) (857,035) 7,477,216
Designated 504,898 (222,575) 70,280 352,603
funds
f8,731,209 f262,503 (f306,858) (f857,035) f7,829,819
At 6April Income Expenditure Transfers Gains/ At 5
2021 losses April
2022
General funds 8,370,279 236,230 (67,530) (554,906) 242,238 8,226,311
Designated 179,000 (229,008) 554,906 504,898
funds
f8,549,279 f236,230 (f296,538) f242,238 K8,731,209