| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Report ofthe Independent Auditors |
4 | to | 6 |
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes tothe Financial Statements | 9 | to | 13 |
| Detailed Statement ofFinancial Activities | 14 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| INCOME AND ENDOWMENTS | FROM | Notes | fundsI | fundsI | |
| Investment income Other income |
199,274 2,500 |
237,091 3,667 |
|||
| Total | 201,774 | 240,758 | |||
| EXPENDITURE ON | |||||
| Raising funds | 29,325 | 25,141 | |||
| Charitable activities |
|||||
| General | 176,604 | 132,849 | |||
| Total | 205,929 | 157,990 | |||
| Net gains on investments | 409,363 | 1,114,969 | |||
| NET INCOME | 405,208 | 1,197,737 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 7,079,800 | 5,882,063 | ||
| TOTAL FUNDS CARRIED FORWARD | 7,485,008 | 7,079,800 |
| 2. | INVESTMENT INCOME | |||
|---|---|---|---|---|
| Other fixed asset invest - FII Interest receivable - trading |
2022I 199,274 |
2021I 237,079 |
||
| 12 | ||||
| 199,274 | 237,091 | |||
| 3. | RAISING FUNDS | |||
| Investment management |
costs | |||
| Portfolio management | 2022I 29,325 |
2021I 25,141 |
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | |||||
| INCOME AND ENDOWMENTS | FROM | 6 | |||
| Investment | income | ||||
| Other income | 237,091 | ||||
| 3,667 | |||||
| Total | |||||
| 240,758 | |||||
| EXPENDITURE ON | |||||
| Raising funds | |||||
| 25,141 | |||||
| Charitable | activities | ||||
| General | |||||
| 132,849 | |||||
| Total | |||||
| 157,990 | |||||
| Net gains on | investments | ||||
| 1,114,969 | |||||
| NET INCOME | |||||
| 1,197,737 | |||||
| RECONCILIATION | OF FUNDS | ||||
| Total funds | brought | forward | |||
| 5,882,063 | |||||
| TOTAL FUNDS CARRIED FORWARD | |||||
| 7,079,800 |
| Listed | ||||
|---|---|---|---|---|
| investments | ||||
| MARKET VALUE | ||||
| At 1April 2021 | ||||
| Additions | 6,689,801 | |||
| Disposals | 621,206 | |||
| Revaluations | (598,6'-f4) | |||
| Impairments | 597,466 | |||
| (250,908) | ||||
| At 31 March 2022 | ||||
| 7,058,921 | ||||
| NET BOOK VALUE | ||||
| At 31 March 2022 | ||||
| 7,058,921 | ||||
| At 31 March 2021 | ||||
| 6,689,801 | ||||
| There were no investment | assets outside the UK. | |||
| Cost or valuation | at 31 March 2022 is represented | by: |
| Listed | |||
|---|---|---|---|
| investments | |||
| Valuation | in | 2021 | I |
| Valuation | in | 2022 | 1,421,834 |
| Cost | 346,558 | ||
| 5,290,529 | |||
| 7,058,921 |
| 2022 | 2021 | ||
|---|---|---|---|
| Other debtors | 6 | I | |
| Prepayments | and accrued income | 1,000 15,176 |
1,000 13,620 |
| 16,176 | 14,620 |
| CREDITORS | AMOUNTS FALLING DUE WI | THIN ONE YEAR | ||
|---|---|---|---|---|
| Other creditors | 2022 f |
2021 f |
||
| 5,102 | 4,800 | |||
| MOVEMENT IN FUNDS | ||||
| Net | ||||
| movement | At | |||
| Unrestricted | funds | At 12L21 | in funds f |
31.3.22 f |
| Generalfund | ||||
| 7,079,800 | 405,208 | 7,485,008 | ||
| TOTAL FUNDS | ||||
| 7,079,800 | 405,208 | 7,485,008 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| Unrestricted | funds | resources f |
expended f |
losses f |
in funds | |
| General | fund | 201,774 | (205,929) | 409,363 | 405,208 | |
| TOTAL | FUNDS | 201,774 | (205,929) | 409,363 | 405,208 |
| Net | ||||
|---|---|---|---|---|
| Unrestricted | funds | At 1.4.20 f |
movement in funds f |
At 31.3.21 |
| General fund | ||||
| 5,882,063 | 1,197,737 | 7,079,800 | ||
| TOTAL FUNDS | ||||
| 5,882,063 | 1,197,737 | 7,079,800 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| Unrestricted | funds | resources | expended f |
losses f |
in funds f |
|
| General | fund | 240,758 | (157,990) | 1,114,969 | 1,197,737 | |
| TOTAL | FUNDS | 240,758 | (157,990) | 1,114,969 | 1,197,737 |
| Net | ||||
|---|---|---|---|---|
| Unrestricted | funds | At 1.4.20 f |
movement in funds f |
At 31.3.22 f |
| General fund | ||||
| 5,882,063 | 1,602,945 | 7,485,008 | ||
| TOTAL FUNDS | ||||
| 5,882,063 | 1,602,945 | 7,485,008 |
| A current year as follows: |
12 months | and prior year 12 months | combined | net movement | in funds, included |
in funds, included |
in the above | are |
|---|---|---|---|---|---|---|---|---|
| Unrestricted | funds | Incoming resources f |
Resources expended |
Gains and losses f |
Movement in funds f |
|||
| General fund | 442,532 | (363,919) | 1,524,332 | 1,602,945 | ||||
| TOTAL FUNDS | 442,532 | (363,919) | 1,524,332 | 1,602,945 |
| FOR THE YEAR E | NDE | D 3 | 1MARCH 2022 | ||
|---|---|---|---|---|---|
| 2022I | 2021I | ||||
| INCOME AND ENDOWMENTS | |||||
| Investment income |
|||||
| Other fixed asset invest | —FII | ||||
| Interest receivable | - trading | 199,274 | 237,079 | ||
| 12 | |||||
| 199,274 | 237,091 | ||||
| Other income | |||||
| Income from class action | |||||
| Total incoming resources |
2,500 | 3,667 | |||
| 201,774 | 240,758 | ||||
| EXPENDITURE | |||||
| Investment management |
costs | ||||
| Portfolio management | |||||
| 29,325 | 25,141 | ||||
| Charitable activities |
|||||
| Administrative &meeting |
costs | ||||
| Grants to individuals | 140 | 195 | |||
| 171,350 | 127,652 | ||||
| 171,490 | 127,847 | ||||
| Supportcosts | |||||
| Other | |||||
| Bank fees | |||||
| 14 | 202 | ||||
| Governance costs | |||||
| Audit remuneration | costs | ||||
| Accountancy and Professional |
Fees | 3,600 | 3,300 | ||
| 1,500 | 1,500 | ||||
| Total resources expended | 5,100 | 4,800 | |||
| Net (expenditure)/income losses |
before gains and | 205,929 | 157,990 | ||
| Realised recognised | gains and losses | (4.155) | 82,768 | ||
| Realised gains/(losses) | on fixed | asset investments | |||
| Net expenditure | (96,747) | (306,865) | |||
| (100,902) | (224,097) |