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|Trustees|||Col JCVHunt||||
|---|---|---|---|---|---|---|
||||SEHewson||||
||||SC Fowler - Chair||||
||||Mrs JBrown||(Appointed|14April 2022)|
||||STurner||(Appointed|22 September 2022)|
||||Prof. M Bateman||(Appointed|22 September 2022)|
|Charity number|||529351||||
|Secretary and principal||office|Ms SM Greaves||||
||||c/o Wrigleys Solicitors LLP||||
||||Derwent House||||
||||150Arundel
Gate||||
||||Sheffield||||
||||South Yorkshire||||
||||S12FN||||
|Charity administrator|||Mrs G Mills||||
|Independent|examiner||M Mealing BScFCCA||||
||||UHY Hacker Young||||
||||6 Broadfield Court||||
||||Broadfield
Way||||
||||Sheffield||||
||||S8 OXF||||
|Solicitors|||Wrigleys Solicitors LLP||||
||||Derwent House||||
||||150Arundel
Gate||||
||||SheAield||||
||||South Yorkshire||||
||||Sl 2FN||||
|Investment|advisors||Investec Wealth and Investment|Ltd|||
||||Beech House||||
||||61Napier Street||||
||||ShefYield||||
||||S11 8HA||||
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|||Page|
|---|---|---|
|Trustees' report||1-8|
|Independent
examiner's|report||
|Statement offinancial|activities|10|
|Balance sheet|||
|Statement ofcash flows||12|
|Notes to the accounts||13-22|
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|||||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds|2023|funds|funds|2022|
||||Notes|||||||
|Income from:||||||||||
|Investments||||82,048||82,048|75,159||75,159|
|Ex enditure on:||||||||||
|~Raisin
funds||||||||||
|Costs ofgenerating||||||||||
|investment
income||||6,672||6,672|7,637||7,637|
|Investment||||||||||
|management|||||13,219|13,219||13,480|13,480|
|||||6,672|13,219|19,891|7,637|13,480|21,117|
|Charitable
activities|||5|94,318||94,318|39,002||39,002|
|Total resources||||||||||
|expended||||100,990|13,219|114,209|46,639|13,480|60,119|
|Net gains/(losses)||on||||||||
|investments|||10|(963)|(74,525)|(75,488)|617|107,388|108,005|
|Net movement|in|funds||(19,905)|(87,744)|(107,649)|29,137|93,908|123,045|
|Fund balances at I||||||||||
|April 2022||||147,633|1,706,904|1,854,537|118,496|1,612,996|1,731,492|
|Fund balances|at|31||||||||
|March 2023||||127,728|1,619,160|1,746,888|147,633|1,706,904|1,854,537|
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||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Notes|||
|Fixed assets|||||||
|Investment|properties|||12|375,000|375,000|
|Investments||||13|1,251,941|1,340,583|
||||||1,626,941|1,715,583|
|Current assets|||||||
|Debtors||||14|23,536|10,863|
|Cash at bank||and in hand|||107,423|150,367|
||||||130,959|161,230|
|Creditors:|amounts||falling due within|15|||
|one year|||||(11,012)|(22,276)|
|Net current|assets||||119,947|138,954|
|Total assets||less current liabilities|||1,746,888|1,854,537|
|Capital funds|||||||
|Endowment
funds
Income funds|||||1,619,160|1,706,904|
|Unrestricted||funds|||127,728|147,633|
||||||1,746,888|1,854,537|
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||||2023||2022||
|---|---|---|---|---|---|---|
|||Notes|||||
|Cash flows from operating||activities|||||
|Cash absorbed by operations||||(138,146)||(56,914)|
|Investing
activities|||||||
|Purchase of investments|||(44,455)||(44,063)||
|Proceeds on disposal of|investments||57,609||51,391||
|Interest received|||82,048||75,159||
|Net cash generated
from investing|||||||
|activities||||95,202||82,487|
|Net cash used in financing||activities|||||
|Net (decrease)/increase|in|cash and cash|||||
|equivalents||||(42,944)||25,573|
|Cash and cash equivalents|at beginning ofyear|||150,367||124,794|
|Cash and cash equivalents||at end ofyear||107,423||150,367|
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|||2023|2022|
|---|---|---|---|
|Rental|income|31,868|31,330|
|Income|from listed investments|49,238|43,806|
|Interest|receivable|942|23|
|||82,048|75,159|
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||||Unrestricted|Endowment|Tpfai|Unrestricted|Endowment|Tpfal|
|---|---|---|---|---|---|---|---|---|
||||funds|funds|2023|funds|funds|2022|
|Costs ofgenerating|||||||||
|investment
income|||||||||
|Other fundraising|costs||6,672||6,672|7,637||7,637|
|Investment
mana|ement|||13,219|13,219||13,480|13,480|
||||6,672|13,219|19,891|7,637|13,480|21,117|
|Rental expenses|||||||2023|2022|
|Repairs, maintenance||and|insurance||||6,575|7,532|
|Bank charges|||||||96|105|
||||||||6,671|7,637|
##
||||2023|2022|
|---|---|---|---|---|
|Grant
Share|funding ofactivities (see note 6)
ofgovernance
costs (see note 7)||68,688
25,630|15,382
23,620|
||||94,318|39,002|
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||||2023|2022|
|---|---|---|---|---|
|Grants to|institutions|(15grants):|||
|DECSY|||3,000||
|PACES|||2,000||
|The Ethel|Trust||1,450||
|Grow|||3,046||
|Meadowhead
Community|||1,500||
|Opera on|Location||750||
|Lindley Educational||Trust|3,500||
|Listening|Books||1,500||
|Greentop|||1,311||
|Whirlow|Hall Farm||2,000||
|CRESST|||2,690||
|Easy Street|||5,000||
|Westwood|2015Ltd||1,856||
|Music in|the Round||1,000||
|Family Action|||||
|The Sheffield Wheat||Experiment|1,000||
||||31,603||
|Grants to|individuals|(36grants)|37,085||
||||68,688||
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|Support|c|osts|||||||
|---|---|---|---|---|---|---|---|---|
||||Support|Governance|2023|Support|Governance|2022|
||||costs|costs||costs|costs||
|Independent|||||||||
|examination
fees
Legal and professional||||3,390
40|3,390
40||3,180
40|3,180
40|
|Secretary's||fees||22,200|22,200||20,400|20,400|
|||||25,630|25,630||23,620|23,620|
|Analysed|between||||||||
|Charitable||activities||25,630|25,630||23,620|23,620|
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|||Unrestricted|Endowment|TOfai|Unrestricted|Endowment||
|---|---|---|---|---|---|---|---|
|||funds|funds|2023|funds|funds|2022|
|Revaluation|of|||||||
|investments||(963)|(81,269)|(82,232)|617|101,047|101,664|
|Gain/(loss)|on sale of|||||||
|investments|||6,744|6,744||6,341|6,341|
|||(963)|(74,525)|(75,488)|617|107,388|108,005|
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|12|Investment|property||
|---|---|---|---|
||||2023|
||Fair value|||
||At
1April|2022 and 31 March 2023|375,000|
##
|||Listed|
|---|---|---|
|||investments|
|Cost or valuation|||
|At
1 April|2022|1,340,583|
|Additions||44,455|
|Valuation|changes|(82,232)|
|Disposals||(50,865)|
|At 31 March 2023||1,251,941|
|Carrying|amount||
|At 31 March 2023||1,251,941|
|At 31 March 2022||1,340,583|
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|14|Debtors|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2023|2022|
||Amounts
falling due||within|one year:||||||
||Trade debtors|||||||8,982|2,734|
||Other debtors|||||||7,704|5,565|
||Prepayments|and accrued income||||||6,850|2,564|
|||||||||23,536|10,863|
|15|Creditors: amounts||falling due within||one year|||||
|||||||||2023|2022|
||Accruals and|deferred|income|||||11,012|22,276|
|16|Analysis ofnet assets between funds|||||||||
||||Unrestricted
fund||Endowment
fund|Total|Unrestricted
fund|Endowment
fund|Total|
||||2023||2023|2023|2022|2022|2022|
||Fund balances|at 31||||||||
||March 2023 are|||||||||
||represented
by:|||||||||
||Investment
properties||||375,000|375,000||375,000|375,000|
||Investments|||12,295|1,239,646|1,251,941|13,258|1,327,325|1,340,583|
||Current|||||||||
||assets/(liabilities)|||115,433|4,514|]19,947|134,375|4,579|138,954|
|||||127,728|1,619,160|1,746,888|147,633|1,706,904|1,854,537|
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|18|Cash generated
from operations|Cash generated
from operations||2023|2022|
|---|---|---|---|---|---|
||(Deficit)/surplus
for the year|||(107,649)|123,045|
||Adjustments
for:|||||
||Investment
income recognised|in statement offinancial|activities|(82,048)|(75,159)|
||Gain on disposal ofinvestments|||(6,744)|(6,341)|
||Fair value gains and losses on|investments||82,232|(101,376)|
||Movements
in working capital:|||||
||(Increase)/decrease
in debtors|||(]2,673)|2,295|
||(Decrease)/increase
in creditors|||(11,264)|622|
||Cash absorbed
by operations|||(138,146)|(56,914)|
|19|Analysis ofchanges in net funds|||||
||The charity had no debt during|the year.||||