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|Trustees||Mrs M Young CPFA|Mrs M Young CPFA|Mrs M Young CPFA|||
|---|---|---|---|---|---|---|
|||Mrs SThompson|||||
|||Mr D Rees|||||
|||Mr J P Cadwallader|||(Appointed|20 July 2022)|
|Charity number||511141|||||
|Principal address||mfg Solicitors|LLP||||
|||Adam House|||||
|||Birmingham
Road|||||
|||Kidderminster|||||
|||Worcestershire|||||
|||United
Kingdom|||||
|||DY10 2SH|||||
|Independent|examiner|Ormerod
Rutter Limited|||||
|||The Oakley|||||
|||Kidderminster|Road||||
|||Droitwich|||||
|||Worcestershire|||||
|||WR9 9AY|||||
|Bankers||HSBC Bank Pic|||||
|||31 Church Street|||||
|||Kidderminster|||||
|||Worcestershire|||||
|||DY102AY|||||
|||The Co-operative||Bank|||
|||6th Floor|||||
|||1 Balloon Street|||||
|||Manchester|||||
|||M60 4EP|||||
|||Scottish Widows Bank|||||
|||PO BOX883|||||
|||Leeds|||||
|||LS1 9TY|||||
|Solicitors||mfg Solicitors|LLP||||
|||Adam House|||||
|||Birmingham
Road|||||
|||Kiddermin ster|||||
|||Worcestershire|||||
|||DY102SH|||||
|Investment|advisors|Investec Wealth||& Investment|Limited||
|||30Gresham|Street||||
|||London|||||
|||EC2V 7QN|||||
##
##
||||Page|
|---|---|---|---|
|Trustees'
report|||1-3|
|Independent
examiner's||report||
|Statement
offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements||7-17|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2023|2023|2023|2022|2022|2022|
|||Notes|||||||
|Income and endowments|||from:||||||
|Donations
and|||||||||
|legacies|||147,901||147,901|495,371||495,371|
|Investments|||66,580||66,580|58,755||58,755|
|Other income|||200||200||||
|Total income|||214,681||214,681|554,126||554,126|
|Ex enditure on:|||||||||
|Raising funds|||22,940||22,940|21,786||21,786|
|Charitable
activities||7|55,708||55,708|444,417||444,417|
|Total expenditure|||78,648||78,648|466,203||466,203|
|Net gainsl(losses)||on|||||||
|investments||13|(153,044)||(153,044)|99,320||99,320|
|Net movement|in|funds|(17,011)||(17,011)|187,243||187,243|
|Fund balances|at 1 April||||||||
|2022|||2,095,271|335,422|2,430,693|1,908,028|335,422|2,243,450|
|Fund balances|at|31|||||||
|March 2023|||2,078,260|335,422|2,413,682|2,095,271|335,422|2,430,693|
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|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Notes|f||f||
|Fixed assets||||||||
|Tangible assets|||||93,900||96,427|
|Investments|||||1,982,126||2,151,992|
||||||2,076,026||2,248,419|
|Current assets||||||||
|Debtors|||18|28,759||473,665||
|Short term deposits|||19|467||459||
|Cash at bank and|in|hand||577,504||239,487||
|||||606,730||713,611||
|Creditors: amounts||falling due within||||||
|one year|||20|(269,074)||(531,337)||
|Net current assets|||||337,656||182,274|
|Total assets less|current liabilities||||2,413,682||2,430,693|
|Income funds||||||||
|Restricted funds|||21||335,422||335,422|
|Unrestricted
funds|||||2,078,260||2,095,271|
||||||2,413,682||2,430,693|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2023|2022f|
|Rental|income|8,105|3,863|
|Income|from listed investments|58,475|54,654|
|Interest|receivable||238|
|||66,580|58,755|
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds||
|||2023|2022|
|||E||
||Other income|200||
|6|Raising funds|||
||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2023|2022|
|||||F|
|Raising funds|||||
|Governance|costs (see|note 8)||1,032|
|Support costs (see note||8)|6,117|3,421|
|Raising funds|||6,117|4,453|
|Investment|management|fees|16,823|17,333|
||||22,940|21,786|
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|||2023f|2022f|
|---|---|---|---|
|Grant|funding
ofactivities (see note 8)|50,000|435,099|
|Share|ofsupport costs (see note 9)|3,128|5,474|
|Share|ofgovernance
costs (see note 9)|2,580|3,844|
|||55,708|444,417|
|||2023|2022|
|---|---|---|---|
||||E|
|Grants|to institutions:|||
|Grant|to KEMP Hospice|50,000|435,099|
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|10|Net movement|in funds|2023|2022f|
|---|---|---|---|---|
||Net movement|in funds is stated after charging/(crediting)|||
||Depreciation
of|owned tangible fixed assets|2,528|2,528|
||Independent
examiner's
fees||2,580|1,840|
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|2023|2022|
|---|---|
|Number|Number|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2023f|2022
f.|
|Revaluation|of|investments|(153,044)|99,320|
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|15|Tangible fixed assets|Tangible fixed assets|||
|---|---|---|---|---|
|||||Freehold propertyf|
||Cost||||
||At 1 April 2022|||126,403|
||At 31 March|2023||126,403|
||Depreciation|and impairment|||
||At 1 April 2022|||29,975|
||Depreciation|charged|in the year|2,528|
||At 31 March|2023||32,503|
||Carrying
amount||||
||At 31 March|2023||93,900|
||At 31 March|2022||96,427|
##
||||||Listed|Cash in|Total|
|---|---|---|---|---|---|---|---|
||||||investmentsf|porffolio||
||Cost or valuation|||||||
||At 1 April|2022|||2,003,155|148,837|2,151,992|
||Additions||||598,270||598,270|
||Valuation|changes|||(153,044)||(153,044)|
||Decrease|in year||||(128,744)|(128,744)|
||Disposals||||(486,348)||(486,348)|
||At 31 March 2023||||1,962,033|20,093|1,982,126|
||Carrying|amount||||||
||At 31 March 2023||||1,962,033|20,093|1,982,126|
||At 31 March 2022||||2,003,155|148,837|2,151,992|
|17|Financial|instruments||||2023|2022|
|||||||F|F|
||Carrying|amount of|financial assets|||||
||Instruments
measured||at fair value through|profit or loss||1,962,033|2,003,155|
##
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##
|18|Debtors|||||
|---|---|---|---|---|---|
|||||2023|2022|
||Amounts|falling due|within one year:||f|
||Trade debtors|||158|860|
||Accrued|income||28,601|472,805|
|||||28,759|473,665|
|19|Current|asset investments||||
|||||2023|2022|
||Unlisted|investments||467|459|
|20|Creditors: amounts||falling due within one year|||
|||||2023|2022|
||||||E|
||Other creditors|||266,494|528,265|
||Accruals|and deferred|income|2,580|3,072|
|||||269,074|531,337|
##
|||||Movement||Movement||
|---|---|---|---|---|---|---|---|
|||||in funds||in funds||
||||Balance at|Incoming|Balance at|Incoming|Balance at|
|||1|April 2021|resources|1April 2022|resources|31 March 2023|
|Capital|projects||335,422||335,422||335,422|
##
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##
|22|Analysis of|net assets|between funds||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||funds|funds||funds|funds||
||||2023|2023|2023|2022|2022|2022|
||||f|f|f||f|f|
||Fund balances at 31||||||||
||March 2023|are|||||||
||represented|by:|||||||
||Tangible assets||93,900||93,900|96,427||96,427|
||Investments||1,982,126||1,982,126|2,151,992||2,151,992|
||Current
assets/(liabilities)||2,234|335,422|337,656|(153,148)|335,422|182,274|
||||2,078,260|335,422|2,413,682|2,095,271|335,422|2,430,693|