|||||Page||
|---|---|---|---|---|---|
|Report ofthe|Trustees||1|to|4|
|Independent|Examiner's|Report||||
|Statement
of|Financial Activities|||||
|Balance Sheet|||7|to|8|
|Notes to the|Financial Statements||9|to|15|
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##
##
|||for t|he year ended 31 March|2023||
|---|---|---|---|---|---|
|||||2023|2022|
|||||Unrestricted|Total|
|||||funds|funds|
||||Notes|||
|INCOME AND ENDOWMENTS||FROM||||
|Charitable
activities||||||
|Charitable
activities||||191,004|159,027|
|investment
income||||23,463|13,465|
|Total||||214,467|172,492|
|EXPENDITURE ON||||||
|Raising funds||||5,621|39,066|
|Charitable
activities||||||
|Charitable
activities||||86,227|68,169|
|Total||||91,848|107,235|
|Net gains/(losses)|on investments|||(75,439)|(32,894)|
|NET INCOME||||47,180|32,363|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward|||1,888,358|1,855,995|
|TOTAL FUNDS CARRIED FORWARD||||1,935,538|1,888,358|
##
##
|||BALANCE SHEET|||
|---|---|---|---|---|
|||31 March 2023|||
||||2023|2022|
||||Unrestricted|Total|
||||funds|funds|
|||Notes|E|F|
|FIXEDASSETS|||||
|Tangible assets|||403,494|403,494|
|Investments|||1,064,689|1,123,854|
||||1,468,183|1,527,348|
|CURRENT ASSETS|||||
|Debtors|||140,468|156,175|
|Cash at bank and|in hand||397,984|268,766|
||||538,452|424,941|
|CREDITORS|||||
|Amounts
falling due within one year||10|(71,097)|(63,931)|
|NET CURRENT ASSETS|||467,355|361,010|
|TOTAL ASSETS|LESSCURRENT||||
|LIABII ITIES|||1,935,538|1,888,358|
|NET ASSETS|||1,935,538|1,888,358|
|FUNDS|||||
|Unrestricted
funds|||1,935,538|1,888,358|
|TOTAL FUNDS|||1,935,538|1,888,358|
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||||||||||2023|2023|2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||F|||F|
||Income from listed investments||||||||23,139|||13,449|
||Deposit account interest||||||||||324|16|
||||||||||23,463|||13,465|
|3.|RAISING FUNDS||||||||||||
||Investment
management||costs||||||||||
||||||||||2023|||2022|
||||||||||F||||
||Portfolio management||||||||5,621|||13,756|
||Interest
not recoverable|||||||||||25,310|
||||||||||5,621|||39,066|
|4.|TRUSTEES' REMUNERATION|||AND|BENEFITS||||||||
||There were no trustees'||remuneration|||or|other benefits|for the year ended|31 March|||2023 nor for th|
||year ended 31 March|2022.|||||||||||
||Trustees' expenses||||||||||||
||||||||||2021|||2020|
||||||||||F|||F|
||Trustees' expenses|||||||||261||588|
|5.|STAFF COSTS||||||||||||
||The average
monthly|number of||employees|||during the year was as follows:||||||
||||||||||2023|||2022|
||Administration||||||||||1|1|
||No employees
received emoluments||||in|excess ofF60,000.|||||||
|6.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||||||||
|||||||||||||Unrestricted|
|||||||||||||funds|
|||||||||||||F|
||INCOME AND ENDOWMENTS|||FROM|||||||||
||Charitable
activities||||||||||||
||Charitable
activities|||||||||||159,027|
||Investment
income|||||||||||13,465|
||Total|||||||||||172,492|
||EXPENDITURE ON||||||||||||
||Raising funds|||||||||||39,066|
||Charitable
activities||||||||||||
||Charitable
activities|||||||||||68,169|
||||||||Page 11|||||continued. ..|
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|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTI|VITIES - continued|
|---|---|---|
|||Unrestricted|
|||funds|
|||E|
|Total||107,235|
|Net gains/(losses)|on investments|(32,894)|
|NET INCOME||32,363|
|RECONCILIATION|OF FUNDS||
|Total funds brought|forward|1,855,995|
|TOTAl
FUNDS CARRIED FORWARD||1,888,358|
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||||Fixtures||
||Freehold|Plant and|and||
||property|machinery|fittings|Totals|
|||E|||
|COST|||||
|At 1 April 2022 and 31 March 2023|403,490|38,787|10,927|453,204|
|DEPRECIATION|||||
|At 1 April 2022 and 31 March 2023||38,785|10,925|49,710|
|NET BOOK VALUE|||||
|At 31 March 2023|403,490||2|403,494|
|At 31 March 2022|403,490||2|403,494|
##
|but they consider that a valuation
would b
FIXEDASSET INVESTMENTS|e materially
consistent
with the historic cost.||
|---|---|---|
||2023|2022|
|Shares|955,909|1,015,074|
|Loans|108,780|108,780|
||1,064,689|1,123,854|
##
##
##
|FIXEDASSET INVESTM|ENTS - continued||||
|---|---|---|---|---|
|||Shares in|||
|||group|Listed||
|||undertakings|investments|Totals|
|||E|F|F|
|MARKET VALUE|||||
|At 1 April 2022||100|1,014,974|1,015,074|
|Additions|||16,274|16,274|
|Revaluations|||(75,439)|(75,439)|
|At 31 March 2023||100|955,809|955,909|
|NET BOOK VALUE|||||
|At 31 March 2023||100|955,809|955,909|
|At 31 March 2022||100|1,014,974|1,015,074|
|||||Loans to|
|||||group|
|||||undertakings|
|||||F|
|At 1 April 2022 and 31 March 2023||||108,780|
|There were no investment|assets outside the UK.||||
|There were no in|There were no in|vestment
assets outside the UK.||||||
|---|---|---|---|---|---|---|---|
|Cost or valuation||at 31 March 2023 is represented|by:|||||
|||||Shares|in|||
|||||group||Listed||
|||||undertakings||investments|Totals|
|||||F||F||
|Valuation|in 2023|||||(75,439)|(75,439)|
|Valuation|in 2022|||||144,136|144,136|
|Cost||||100||887,112|887,212|
|||||100||955,809|955,909|
##
##
|DEBTO|RS:AMOUNTS
FALLING DUE WITHIN|ONE YEAR||
|---|---|---|---|
|||2023|2022|
|||E|F|
|Trade debtors||62,173|128,326|
|Other debtors||28,240||
|Amounts|due from|||
|Service|Charge Fund|30,407|22,040|
|VAT||743|2,989|
|P repayments||18,905|2,820|
|||140,468|156,175|
##
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|10.|CREDITORS|: AMOUN|TS
FALL|ING DUE WITHIN ONE YE|AR|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||Trade creditors|||||24,835|10,082|
||Other creditors|||||9,533|9,533|
||Accruals and|deferred|income|||36,729|44,316|
|||||||71,097|63,931|
|11.|MOVEMENT|IN FUNDS||||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.22|in funds|31.3,23|
||Unrestricted|funds||||||
||General fund||||1,609,307|47,180|1,656,487|
||Designated
fund||||279,051||279,051|
||||||1,888,358|47,180|1,935,538|
||TOTAL FUNDS||||1,888,358|47,180|1,935,538|
||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|||214,467|(91,848)|(75,439)|47,180|
||TOTAL FUNDS|||214,467|(91,848)|(75,439)|47,180|
##
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.4.21|in funds|31.3.22|
|Unrestricted|funds||||
|General fund||1,576,944|32,363|1,609,307|
|Designated|fund|279,051||279,051|
|||1,855,995|32,363|1,888,358|
|TOTAL FUNDS||1,855,995|32,363|1,888,358|
##
##
|Comparative|net movement
in fun|ds, included
in the above|are as follows:|||
|---|---|---|---|---|---|
|||incoming|Resources|Gains and|Movement|
|||resources
f|expended|losses
f|in funds
f|
|Unrestricted|funds|||||
|General fund||172,492|(107,235)|(32,894)|32,363|
|TOTAL FUNDS||172,492|(107,235)|(32,894)|32,363|
|A current ye|ar 12months
and prior year|12months
combined
position is as|follows:||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.4.21
f|in funds|31.3.23|
|Unrestricted|funds||||
|General fund||1,576,944|79,543|'l,656,487|
|Designated|fund|279,051||279,051|
|||1,855,995|79,543|1,935,538|
|TOTAL FUNDS||1,855,995|79,543|1,935,538|
|A current
yea
above are as|r 12 months
and pr
follows:|ior year 12 months
combi|ned
net movem|ent
in funds,
|included
in|
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources|expended|losses
f|in funds|
|Unrestricted|funds|||||
|General fund||386,959|(199,083)|(108,333)|79,543|
|TOTAL FUNDS||386,959|(199,083)|(108,333)|79,543|
##
##