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|||Fr|Th
Y
r|M
|h22|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|6|||6|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||60,832||60,832|190,106|
|Investment
income||||36,622||36,622|32,929|
|Total||||97,454||97,454|223,035|
|EXPENDITURE ON||||||||
|Investment
management|costs|||10,072||10,072|11,173|
|Charitable
activities||||||||
|Grants payable and research expenditure||||18,697||18,697|22,899|
|Total||||28,769||28,769|34,072|
|Net gains/(losses)
on investments||||(135,944)||(135,944)|84,367|
|NET INCOME/(EXPENDITURE)||||(67,259)||(67,259)|273,330|
|RECONCILIATION
OF|FUNDS|||||||
|Total funds brought
forward||||1,858,665||1,858,665|1,585,335|
|TOTAL FUNDS CARRIED FORWARD||||1,791,406||1,791,406|1,858,665|
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|DONATIONS|AND|LEGA|CIES|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2023|2022|
|||||||||||E||
|Donated research||income||||||||60,832|190,106|
|INVESTMENT|INCOME|||||||||||
|||||||||||2023|2022|
|||||||||||E|E|
|Income from listed||investments||and investment||deposits||||36,405|32,906|
|Deposit account interest||||||||||217|23|
|||||||||||36,622|32,929|
|INVESTMENT|MANAGEMENT||||COSTS|||||||
|Investment
management|||costs|||||||||
|||||||||||2023|2022|
|||||||||||f|E|
|Porffolio management||||||||||10,072|11,173|
|CHARITABLE|ACTIVITIES COSTS|||||||||||
|||||||||Grant||||
|||||||||funding|of|||
||||||||Direct|activities||Support||
||||||||Costs (see|(see note||costs (see||
||||||||note 7)|8)||note 9)|Totals|
|||||||||||E|E|
|Grants payable|and|research||||||||||
|expenditure|||||||11,222|(2,675)||10,150|18,697|
|DIRECT COSTSOF CHARITABLE ACTIVITIES||||||||||||
|||||||||||2023|2022f|
|Research expenditure||||||||||11,222|13,416|
|GRANTS PAYABLE||||||||||||
|||||||||||2023|2022|
|||||||||||E|E|
|Grants payable|and|research expenditure||||||||(2,675)||
|The total grants|paid to institutions||||during the year||was as follows:|||||
|||||||||||2023|2022|
|||||||||||E|f|
|Team building|grant|||||||||1,945||
|Grants provided|no|longer|required|||||||(4,620)||
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|STAFFCOSTS||||||
|---|---|---|---|---|---|
|||||2023f|2022f|
|Wages and salaries||||4,682|4,456|
|||||4,682|4,456|
|The average monthly|number ofempioyees|during|the year was as follows:|||
|||||2023|2022|
|Administration||||1|1|
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||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||F|E||
|INCOME AND ENDOWMENTS|||FROM|||||
|Donations
and legacies|||||190,106||190,106|
|Investment
income|||||32,929||32,929|
|Total|||||223,035||223,035|
|EXPENDITURE ON||||||||
|Investment
management||costs|||11,173||11,173|
|Charitable
activities||||||||
|Grants payable and|research expenditure||||22,899||22,899|
|Total|||||34,072||34,072|
|Net gains on investments|||||84,367||84,367|
|NET INCOME|||||273,330||273,330|
|RECONCILIATION|OF|FUNDS||||||
|Total funds brought|forward||||1,585,335||1,585,335|
|TOTAL FUNDS CARRIED FORWARD|||||1,858,665||1,858,665|
|FIXEDASSETINVESTMENTS||||||||
||||||||Listed|
||||||||investments|
||||||||E|
|MARKET VALUE||||||||
|At 1 April 2022|||||||1,489,241|
|Additions|||||||231,623|
|Disposals|||||||(211,933)|
|Revaluations|||||||(131,095)|
|At 31 March 2023|||||||1,377,836|
|NET BOOK VALUE||||||||
|At 31 March 2023|||||||1,377,836|
|At 31 March 2022|||||||1,489,241|
|The historical cost ofthe||investments||at 31 March 2023 was E1,362,190(2022:E1,309,499).||||
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||Cost or valuatio|n
at 31 Ma|rch 2023 is|represented|by:||||
|---|---|---|---|---|---|---|---|---|
|||||||||Listed|
|||||||||investments|
|||||||||E|
||Valuation
in 2023|||||||1,377,836|
|15.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||||||
||||||||2023|2022|
||||||||E|E|
||Other debtors|||||||29|
|16.|CREDITORS: AMOUNTS||FALLING|DUE WITHIN|ONE YEAR||||
||||||||2023|2022|
||||||||f|E|
||Trade creditors||||||2,526|2,760|
||Social security|and other taxes|||||18||
||Other creditors||||||4,248|3,857|
||Grants payable|||||||10,359|
||||||||6,792|16,976|
|17.|ANALYSIS OF|NET ASSETS BETWEEN FUNDS|||||||
||||||||2023|2022|
||||||Unrestricted|Restricted|Total|Total|
||||||funds
f|funds
E|funds|funds
E|
||Investments||||1,377,836||1,377,836|1,489,241|
||Current assets||||420,362||420,362|386,400|
||Current
liabilities||||(6,792)||(6,792)|(16,976)|
||||||1,791,406||1,791,406|1,858,665|
||All ofthe funds|in 2023 are|unrestricted|funds.|||||
|18.|MOVEMENT
IN FUNDS||||||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.4.22
E|in funds
f|funds
f|31.3.23|
||Unrestricted
funds||||||||
||General fund||||1,678,924|(67,259)|164,096|1,775,761|
||Fair Value reserve||||179,741||(164,096)|15,645|
||||||1,858,665|(67,259)||1,791,406|
||TOTAL FUNDS||||1,858,665|(67,259)||1,791,406|
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|Net mo|vemen|t
in funds, inc|lud|ed
in the above|are as follows:||||
|---|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Gains and|Movement|
||||||resources
f|expended|losses
f|in funds
f|
|Unrestricted||funds|||||||
|General|fund||||97,454|(28,769)|(135,944)|(67,259)|
|TOTALFUNDS|||||97,454|(28,769)|(135,944)|(67,259)|
|Comparatives||for movement||in funds|||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.4.21|in funds
f|funds
f|31.3.22|
|Unrestricted||funds|||||||
|General|fund||||1,443,988|273,330|(38,394)|1,678,924|
|Fair Value reserve|||||141,347||38,394|179,741|
||||||1,585,335|273,330||1,858,665|
|TOTAL|FUNDS||||1,585,335|273,330||1,858,665|
|Comparative||net movement|in|funds, included|in the above are as follows:||||
||||||Incoming|Resources|Gains and|Movement|
||||||resources
f|expended
f|losses
f|in funds
f|
|Unrestricted||funds|||||||
|General|fund||||223,035|(34,072)|84,367|273,330|
|TOTAL|FUNDS||||223,035|(34,072)|84,367|273,330|
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