|Report ofthe Trustees|1|to|8| |---|---|---|---| |Report ofthe Independent
Auditors|9|to|11| |Statement ofFinancial Activities||12|| |Balance Sheet||13|| |Cash Flow Statement|||| |Notes to the Cash Flow Statement||15|| |Notes to the Financial Statements|16|to|25| |Detailed Statement ofFinancial Activities|26|to|27| ## ## ## |education
bursaries.
On|e ov|erseas school project|in the Ghana was supported
in the|sum off20,000.| |---|---|---|---|---| |Analysis ofgrants|||31,03,22|31.03.21| |Medical, Health,
Wellbeing|||50,780|380,861| |Education - organisations|||51,200|50,200| |Education - individual|bursa6es||24,750|43,000| |Religious|||7,500|26,606| |Community,
Environment,||General|27,612|40,105| |Arts, Cultural,
Heritage|||945|44,889| |Discounting
movement|& 1|year|9,327|20,259| |Grants and Donations|||172,114|605,920| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2022|2021| |---|---|---|---|---|---| |||||Unrestricted|Total| |||||fund|funds| ||||Notes||| |INCOME AND ENDOWMENTS||FROM|||| |Donations
and legacies||||346,987|340,250| |Investment
income||||103,513|85,550| |Total||||450,500|425,800| |EXPENDITURE ON|||||| |Charitable
activities|||||| |Grants and donations||||172,114|605,920| |Other||||54,881|49,631| |Total||||226,995|655,551| |Net gains on investments||||32,087|221,893| |NET INCOME/(EXPENDITURE)||||255,592|(7,858)| |RECONCILIATION|OF FUNDS||||| |Total funds brought|forward|||1,149,272|1,157,130| |TOTAL FUNDS CARRIED FORWARD||||1,404,864|1,149,272| ## ||||2022|2021| |---|---|---|---|---| ||||Unrestricted|Total| ||||fund|funds| |||Notes||| |FIXEDASSETS||||| |Tangible assets||10|29,099|26,991| |CURRENT ASSETS||||| |Debtors||ll|29,047|25,187| |Investinents||12|1,614,718|1,647,960| |Cash at bank|||250,716|273,019| ||||1,894,481|1,946,166| |CREDITORS||||| |Amounts
falling due within|one year|13|(512,170)|(661,142)| |NET CURRENT ASSETS|||1,382,311|1,285,024| |TOTAL ASSETSLESSCURRENT LIABILITIES|||1,411,410|1,312,015| |CREDITORS||||| |Amounts
falling due after more than one year||14|(6,546)|(162,743)| |NET ASSETS|||1,404,864|1,149,272| |FUNDS||15||| |Unrestricted
funds|||1,404,864|1,149,272| |TOTAL FUNDS|||1,404,864|1,149,272| ## |||||2022|2021| |---|---|---|---|---|---| ||||Notes||| |Cash flows from operating|activities||||| |Cash generated
from operations||||(187,983)|(331,438)| |Net cash used in operating|activities|||(187,983)|(331,438)| |Cash flows from investing|activities||||| |Purchase oftangible
fixed assets||||(3,162)|| |Purchase ofcurrent asset investments|||||(775,828)| |Sale ofcurrent asset investments||||65,329|| |1nterest received||||38,421|34,117| |Dividends
received||||65,092|51,433| |Net cash provided
by/(used|in) investing|activities||165,680|(690,278)| |Change
in cash and cash equivalents||in the|||| |reporting
period||||(22,303)|(1,021,716)| |Cash and cash equivalents|at the beginning||of||| |the reporting
period||||273,019|1,294,735| |Cash and cash equivalents|at the end|ofthe|||| |reporting
period||||250,716|273,019| ## ## ## ## |ACTIVITIES||||| |---|---|---|---|---| ||||2022|2021| |Net income/(expenditure)|for the reporting|period (as per the Statement of||| |Financial Activities)|||255,592|(7,858)| |Adjustments
for:||||| |Depreciation
charges|||1,054|| |Gain on investments|||(32,087)|(221,893)| |Interest received|||(38,421)|(34,117)| |Dividends
received|||(65,092)|(51,433)| |{Increase)/decrease
in debtors|||(3,860)|153,488| |Decrease in creditors|||(305,169)|(169,625)| |Net cash used in operations|||(187,983)|(331,438)| |ANALYSIS OF CHANGES IN NET FUNDS||||| |||At 1.4.21|Cash flow|At 31.3.22| |Net cash||||| |Cash at bank||273,019|(22,303)|250,716| |||273,019|(22,303)|250,716| |Liquid resources||||| |Deposits included
in cash||||| |Current asset investments||1,647,960|(33,242)|1,614,718| |||1,647,960|(33,242)|1,614,718| |Total||1,920,979|(55,545)|1,865,434| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |3.|INVESTMENT INCOME||| |---|---|---|---| |||2022|2021| ||Deposit account interest|24|252| ||Other interest|21|| ||Dividends
and interest on investments|103,468|85,298| |||103,513|85,550| ## |4.|CHARITABLE ACTIVITIES COSTS||| |---|---|---|---| ||||Grant| ||||funding of| ||||activities| ||||(see note| ||||5)| ||Grants and donations||172,114| |5.|GRANTS PAYABLE||| |||2022|2021| ||Grants and donations|172,114|605,920| ## ## ## |Analysis of|grants|grants|||Grants to|Grants to| |---|---|---|---|---|---|---| ||||||institutions|individuals| |Medical, Health||and Wellbeing|||50,780|| |Education|||||51,200|24,750| |Religious|||||7,500|| |Conznunity|and|General|||27,612|| |Arts, Cultural|and Heritage||||945|| |Discounting|movement ofthe balances|||due &1year|9,327|| ||||||147,364|24,750| |Analysis of|major institutional||grants|||| |Childhood
Eye||Cancer Trust||||50,000| |Other institutions||&550,000||||122,1]4| |||||||172,114| ## ## ||||||Governance|| |---|---|---|---|---|---|---| ||||Management|Finance|costs|Totals| |Other|resources|expended|40,596|25|14,260|54,881| ## ## ||||2022|2021| |---|---|---|---|---| |Auditors'|remuneration||3,980|3,576| |Auditors'|remuneration|for non audit work|2,800|2,580| |Depreciation
- owned||assets|1,054|| ## ## ## ## ## ## |TANGIBLE FIXED ASSETS|||| |---|---|---|---| ||Freehold|Computer|| ||prope&ty|equipment|Totals| |COST|||| |At
1 Apri12021|26,991||26,991| |Additions||3,162|3,162| |At 31 March 2022|26,991|3,162|30,153| |DEPRECIATION|||| |Charge for year||1,054|1,054| |NET BOOK UALUE|||| |At 31 March 2022|26,99]|2,108|29,099| |At 31 March 2021|26,991||26,991| ## ## |||2022|2021| |---|---|---|---| |Amounts|falling due within one year:||| |Other debtors||16,306|17,117| |Loans||4,000|5,500| |||20,306|22,617| |Amounts|falling due after more than one year:||| |Loans||8,741|2,570| |Aggregate|amounts|29,047|25,187| ## ||||2022|2021| |---|---|---|---|---| |Listed investments|||1,614,718|1,647,960| |Current asset investments||comprise:||| ||||Market Value|Market Value| ||||2022|2021| |UK - fixed interest|||762,134|794,268| |UK - preference|shares||60,369|64,282| |UK - equities|||792,215|789,410| ||||1,614,718|1,647,960| ## ## ## ## |13.|CREDITORS:|AM|OUNTS FA|LLING DUE|WITHIN ONE YEAR|||| |---|---|---|---|---|---|---|---|---| ||||||||2022|2021| ||Trade creditors||||||7,480|| ||Grants
and donations||||||498,637|649,372| ||Accrued expenses||||||6,053|11,770| ||||||||512,170|661,142| |14.|CREDITORS:|AMOUNTS FALLING DUE AFTER MORE THAN||||ONE YEAR||| ||||||||2022|2021| ||Grants and donations||due 1-5years||||6,546|162,743| |15,|MOVEMENT|IN FUNDS||||||| ||||||||Net|| ||||||||movement|At| |||||||At 1.4.21|&n funds|31.3.22| ||Unrestricted
funds|||||||| ||General fund|||||1,149,272|255,592|1,404,864| ||TOTAL FUNDS|||||1,149,272|255,592|1,404,864| ||Net movement|in funds, included||in the above|are as follows:|||| ||||||Incoming|Resources|Gains and|Movement| ||||||resources|expended|losses|in funds| ||Unrestricted
funds|||||||| ||General fund||||450,500|(226,995)|32,087|255,592| ||TOTAL FUNDS||||450,500|(226,995)|32,087|255,592| ## ## ||||||||Net|| |---|---|---|---|---|---|---|---|---| ||||||||movement|At| |||||||At 1.4.20|in funds|31,3.21| |Unrestricted||funds||||||| |General|fund|||||1,157,130|(7,858)|1,149,272| |TOTAL|FUNDS|||||1,157,130|(7,858)|1,149,272| |Comparative||net movement|in funds, included|in the above are as follows:||||| ||||||Incoming|Resources|Gains and|Movement| ||||||resources|expended|losses|in funds| |Unrestricted||funds||||||| |General|fund||||425,800|(655,551)|221,893|(7,858)| |TOTAL|FUNDS||||425,800|(655,551)|221,893|(7,858)| |A current|year 12months||and prior year 12 months||combined position|is as follows:||| ||||||||Net|| ||||||||movement|At| |||||||At 1.4.20|in funds|31.3.22| |Unrestricted||funds||||||| |General|fund|||||1,157,130|247,734|1,404,864| |TOTAL|FUNDS|||||1,157,130|247,734|1,404,864| ## ## ||||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---|---| ||||resources|expended|losses|in funds| |Unrestricted||funds||||| |General|fund||876,300|(882,546)|253,980|247,734| |TOTAL|FUNDS||876,300|~562,546)|253,980|247 734| ## ## ## ||||2022|2021| |---|---|---|---|---| |INCOME AND ENDOWMENTS||||| |Donations
and|legacies|||| |Donations|||346,987|340,250| |Investment
income||||| |Deposit account interest|||24|252| |Other interest|||21|| |Dividends
and|interest on|investments|103,468|85,298| ||||103,513|85,550| |Total incoming|resources||450,500|425,800| |EXPENDITURE||||| |Charitable
activities||||| |Grants to institutions|||172,114|605,920| |Support costs||||| |Management||||| |Insurance|||779|| |Management|fees||33,750|42,250| |Sundries|||4,033|1,222| |ITcosts|||980|| |Depreciation|oftangible|assets|1,054|| ||||40,596|43,472| |Finance||||| |Bank charges|||25|| |Governance|costs|||| |Auditors'
remuneration|||3,980|3,576| |Auditors'
remuneration||for non audit work|2,800|2,580| |Legal fees|||7,480|| ||||14,260|6,156| |Total resources|expended||226,995|655,551| |Net income/(expenditure)||before gains and losses|223,505|(229,751)| ## ||||2022|202]| |---|---|---|---|---| |Realised|recognised|gains and losses||| |Current|asset investments||(14,085)|| |Net income/(expend||itu re)|209,420|(229,751)|