| Page | |||
|---|---|---|---|
| Report ofthe Trustees | l | to | 3 |
| independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Statement ofFinancial Position | |||
| Notes tothe Financial Statements | 7 | to | 10 |
| Detailed Statement ofFinancial Activities |
| for | the Year | Ended 31March | 2023 | |||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Unrestricted | Permanent | Total | Total | |||
| fund | Endowment | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Investment income |
2 | 25831 | 25,831 | 23,112 | ||
| EXPENDITURE | ON | |||||
| Raising funds | 3 | 5,891 | 5„891 | 6,103 | ||
| Charitable activities |
||||||
| Core activities | 37,374 | 37,374 | 15,831 | |||
| Total | 43,265 | 43,265 | 21 934 | |||
| Net gains/(losses) on investments |
~59,752 | 159.7523 | 59.164 | |||
| NKT INCOME/(EXPENDITURE) Transfers between funds |
7 | (17,434) ~92,329) |
(59,752) 92,329 |
(77,186) | 60,342 | |
| Net movement in |
funds | (109,763) | 32,577 | (77,186) | 60,342 | |
| RFCONCILIATION OF FUNDS | ||||||
| Total funds brought | forward | 272,627 | 1,008,240 | 1,280,867 | 1,220,525 | |
| TOTAL FUNDS CARRIED FORWARD | 162 864 | 1,040,817 | 1,203,681 | 1,2811,1167 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Permanent | Total | Total | ||
| fund | Endowment | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| investments | 5 | 1,040,817 | 1,040,817 | 1,008,240 | |
| CURRENT ASSETS | |||||
| Cash at bank | 164,404 | 274,167 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
6 | (1,540) | (1,540) | (1,540) | |
| NET CURRENT ASSETS | 162,864 | 162,864 | 272,627 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 162,864 | 1,040,817 | 1,203,681 | !,280,867 | |
| NET ASSETS | 162.864 | 3,040837 | 1203.681 | 1.2110867 | |
| FUNDS | |||||
| Unrestricted funds |
162,864 | 272,627 | |||
| Endowment funds |
1,040,817 | 1,008,240 | |||
| TOTAI. FUNDS | 1.203.681 | 1.280,867 |
| Further explanation ofthe n |
ature and purpose ofeach fund is | included in the notes to the financial |
statements. |
|---|---|---|---|
| INVESTMKNT INCOMF. | |||
| 2023 | 2022 | ||
| Dividends from Investment |
Pottfolio | 25,425 | 23,100 |
| Deposit account interest | 406 | 12 | |
| 25,831 | 23,112 |
| Investment | management | costs | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Portfolio management | 5,891 | 6,103 |
| FIXEDASSET INVESTMENTS | |
|---|---|
| Listed | |
| investments | |
| MARKET VALUE | |
| At 1 April 2022 |
1,008,240 |
| Additions | 283,563 |
| Disposals Revaluations |
(182,274) ~68.712) |
| At 31 March 2023 | 1,040,817 |
| NET BOOK VALUE | |
| At 31March 2023 | 1,040,817 |
| At 31March 2022 | 1,008,240 |
| Listed | |||
|---|---|---|---|
| investments | |||
| Valuation | in | 2023 | 153,904 |
| Cost | 886,913 | ||
| 1,040,817 |
| 2023 | 2027 | ||||
|---|---|---|---|---|---|
| Other creditors | ~1540 | 1,540 | |||
| MOVEMENT IN FUNDS |
|||||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1/4/22 | in funds | funds | 31/3/23 | ||
| Unrestricted | funds | ||||
| General fund |
272,627 | (17,434) | (92,329) | 162,864 | |
| Endowment | funds | ||||
| Permanent Endowment |
1,008,240 | (59,752) | 92,329 | 1,040,817 | |
| TOTAL FUNDS | 1 280867 | ~77 1863 | 1.203 6111 | ||
| Net movctnent | in funds, included in the above are as follows: | ||||
| incoming | Resources | Gains and | Movement | ||
| resources f |
expended | losses f |
in funds f |
||
| Unrestricted | funds | ||||
| General fund |
25,831 | (43,265) | (17,434) | ||
| Endowment | funds | ||||
| Permanent Endow8neut |
(59,752) | (59,752) | |||
| TOTAL FUNDS | 25,831 | ~43,265 | (59,752) | (77,186) | |
| Comparatives | for movement | in funds | |||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1/4/21 | in funds | funds | 31/3/22 | ||
| f | f. | ||||
| Unrestricted | funds | ||||
| General fund |
166,167 | 1,178 | 105„282 | 272,627 | |
| Endowment | funds | ||||
| Permanent Endowment |
1,054,358 | 59,164 | (105,282) | 1,008,240 | |
| TOTAL FUNDS | 1220,525 | 60,352 | . | 1,28().867 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended 8 |
losses | in funds I |
||
| Unrestricted | funds | ||||
| General fund |
23,112 | (21,934) | 1,1.78 | ||
| Endowment | funds | ||||
| Permanent Endowment |
59,164 | 59,164 | |||
| TOTAL FUNDS | 23,112 | (21,934) | 59,164 | 60,342 |
| for the Year Ended 31Marc | h 2023 | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| 8 | |||||
| INCOME AND ENDOWMENTS | |||||
| Investment income |
|||||
| Dividends from investment |
Portfolio | 25,425 | 23, | 100 | |
| Deposit account interest | 406 | 12 | |||
| ~25 831 | 23, | 112 | |||
| Total incoming resources | 25,831 | 23,112 | |||
| KXPENDITI/RE | |||||
| Investment management |
costs | ||||
| Portfolio management | 5,891 | 6, | 103 | ||
| Charitable activities |
|||||
| Grants to individuals | 35,760 | 13,793 | |||
| Support costs | |||||
| Management | |||||
| Secretarial fee | 1,044 | 1,120 | |||
| Sundries | 348 | ||||
| 1,044 | 1,468 | ||||
| Governance costs |
|||||
| Accountancy aod legal fees |
570 | 570 | |||
| Total resources expended | 43,265 | 21,934 | |||
| Net (expenditure)/income | before gains and | ||||
| losses | (17,434) | 1.178 | |||
| Realised recognised | gains | and losses | |||
| Realised gains/(losses) | on | ftxed asset investments | 8,960 | 40,209 | |
| Net (expenditure)/income | ~8,474) | 41,387 |