| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Report ofthe Independent Auditors |
4 | to | 6 |
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Cash Flow Statement | |||
| Notes to the Cash Flow Statement | 10 | ||
| Notes to the Financial Statements | 11 | to | 16 |
| FOR TH | E YEAR ENDED 5TH A | PRIL 2022 | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | |||||
| INCOME | AND ENDOWMENTS FROM | ||||
| Donations | and legacies | 9,774 | 207,340 | ||
| Investment | income | 570,243 | 432,804 | ||
| Total | 580,017 | 640,144 | |||
| EXPENDITURE ON | |||||
| Charitable | activities | ||||
| Charitable | 836,348 | 329,741 | |||
| Other | (1,374) | ||||
| Total | 834,974 | 329,741 | |||
| NET INCOME/(EXPENDITURE) | (254,957) | 310,403 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 7,410,544 | 7,100,141 | ||
| TOTAL FUNDS CARRIED FORWARD | 7,155,587 | 7,410,544 |
| BALANCE SHEET 5TH APRIL 2022 |
|||
|---|---|---|---|
| 2022 | 2021 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | |||
| FIXEDASSETS | |||
| Investments | |||
| Investments | 10 | 11,248 | 9,874 |
| Investment property |
11 | 6,875,875 | 6,875,875 |
| 6,887, 123 | 6,885,749 | ||
| CURRENT ASSETS | |||
| Cash at bank | 362,986 | 715,412 | |
| CREDITORS | |||
| Amounts falling due within one year |
12 | (94,522) | (]90,617) |
| NET CURRENT ASSETS | 268,464 | 524,795 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 7,155,587 | 7,410,544 | |
| NET ASSETS | 7,155,587 | 7,410,544 | |
| FUNDS | 13 | ||
| Unrestricted funds |
7,155,587 | 7,410,544 | |
| TOTAL FUNDS | 7,155,587 | 7,410,544 |
| FO | R | THE YEAR ENDE | D 5TH APRIL 2022 | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash generated &om operations |
(352,777) | 311,640 | ||||
| Net cash (used in)/provided | by | operating | activities | (352,777) | 311,640 | |
| Cash flows from investing | activities | |||||
| Decrease in fixed asset investments | 16,268 | |||||
| Dividends received |
351 | 258 | ||||
| Net cash provided by investing |
activities | 351 | 16,526 | |||
| Change in cash and cash equivalents |
in | |||||
| the reporting period |
(352,426) | 328,166 | ||||
| Cash and cash equivalents | at | the | ||||
| beginning ofthe reporting |
period | 715,412 | 387,246 | |||
| Cash and cash equivalents | at | the end | of | |||
| the reporting period |
362,986 | 715,412 |
| OPERATING ACTIVITI | ES | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Net (expenditure)/income | for the reporting | period (as per the | ||
| Statement ofFinancial Activities) | (254,957) | 310,403 | ||
| Adjustments for: |
||||
| Losses on investments | (1,374) | |||
| Dividends received |
(351) | (258) | ||
| (Decrease)/increase in creditors |
(96,095) | 1,495 | ||
| Net cash (used in)/provided | by operations | (352,777) | 311,640 |
| At 6.4.21 | Cash flow | At 5.4.22 | |
|---|---|---|---|
| Net cash | |||
| Cash at bank | 715,412 | (352,426) | 362,986 |
| 715,4]2 | (352,426) | 362,986 | |
| Total | 715,412 | (352,426) | 362,986 |
| 2. | DONATIONS AND LEG |
A | CIES | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Donations | 9,774 | 207,340 | ||||
| 3. | INVESTMENT INCOME | |||||
| 2022 | 2021 | |||||
| Rents received | 569,892 | 432,546 | ||||
| Other fixed asset invest -FII | 351 | 258 | ||||
| 570,243 | 432,804 | |||||
| 4. | CHARITABLE ACTIVITIES COSTS | |||||
| Grant | ||||||
| funding of | ||||||
| activities | Support | |||||
| (see note | costs (see | |||||
| 5) | note 6) | Totals | ||||
| f. | ||||||
| Charitable | 834,415 | 1,933 | 836,348 | |||
| 5. | GRANTS PAYABLE | |||||
| 2022 | 202] | |||||
| Charitable | 834,415 | 312,068 | ||||
| 2022 | 2021 | |||||
| Dalaid | 75,000 | 50,000 | ||||
| Great Ormand Street Hospital |
Children | 105,000 | ||||
| Teenage Cancer Trust | 80,000 | 30,000 | ||||
| Kingston University |
70,000 | |||||
| Eton College | 165,000 | |||||
| British Red Cross | 25,000 | |||||
| Onevoice Europe | 50,000 | |||||
| Central Synagogue | 100,000 | 6,000 | ||||
| Nightingale Hammerson |
75,000 | |||||
| Watts Gallery | 32,479 | |||||
| Child Bereavement | 27,500 | |||||
| Glyndebourne Productions |
Charity | 25,000 | ||||
| Medecins Sans Frontieres | 20,000 | |||||
| University ofStAndrews | 25,000 | |||||
| World Cancer Research | 20,000 | |||||
| Beit El Baraka | 30,015 | |||||
| The Chicken Soup Shelter | 20,000 | |||||
| Amelie and Daniel Linsey Foundation | 20,000 | |||||
| Other Donations | 51,400 | 48,589 | ||||
| 834,415 | 312,068 |
| SUPPORT COSTS | ||||
|---|---|---|---|---|
| Governance | ||||
| Finance | Other 3 | costs | Totals | |
| Other resources expended | (1,374) | (1,374) | ||
| Charitable | 13 | 1,920 | 1,933 | |
| 13 | (1,374) | 1,920 | 559 | |
| AUDITORS' REMUNERATION | ||||
| 2022 | 2021 | |||
| Fees payable to the charity's | auditors for the audit ofthe charity's | financial | ||
| statements | 1,920 | 1,390 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|
| Unrestricted | ||
| fund | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies |
207,340 | |
| Investment income |
432,804 | |
| Total | 640,144 | |
| EXPENDITURE ON | ||
| Charitable activities |
||
| Charitable | 329,741 | |
| NET INCOME | 310,403 | |
| RECONCILIATION | OF FUNDS | |
| Total funds brought | forward | 7,100,141 |
| TOTAL FUNDS CARRIED FORWARD | 7,410,544 |
| Listed | |||
|---|---|---|---|
| investments | |||
| MARKET VALUE | |||
| At 6th April 2021 | 9,874 | ||
| Reversal ofimpairments | 1,374 | ||
| At 5th April 2022 | 11,248 | ||
| NET BOOK VALUE | |||
| At 5th April 2022 | 11,248 | ||
| At 5th April 2021 | 9,874 | ||
| There were no investment | assets outside the UK. | ||
| INVESTMENT PROPERTY | |||
| FAIR VALUE | |||
| At 6th April 2021 | |||
| and 5th April 2022 | 6,875,875 | ||
| NET BOOK VALUE | |||
| At 5th April 2022 | 6,875,875 | ||
| At 5th April 2021 | 6,875,875 | ||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | ||
| Other creditors | 89,752 | ||
| Accruals and deferred income | 94,522 | 100,865 | |
| 94,522 | 190,617 |
| MOVEMEN | T IN FUNDS | |||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 6.4.21 | in funds | 5.4.22 | ||
| Unrestricted | funds | |||
| General fund | 7,410,544 | (254,957) | 7,155,587 | |
| TOTAL FUNDS | 7,410,544 | (254,957) | 7,155,587 |
| Incoming | Resources | Movement | |||||||
|---|---|---|---|---|---|---|---|---|---|
| resources | expended | in funds | |||||||
| Unrestricted | funds | ||||||||
| General | fund | 580,017 | (834,974) | (254,957) | |||||
| TOTAL | FUNDS | 580,017 | (834,974) | (254,957) | |||||
| Comparatives | for movement | in funds | |||||||
| Net | |||||||||
| movement | At | ||||||||
| At 6.4.20 | in funds | 5.4.21 | |||||||
| Unrestricted | funds | ||||||||
| General | fund | 7,100,141 | 310,403 | 7,410,544 | |||||
| TOTAL | FUNDS | 7,100,141 | 310,403 | 7,410,544 | |||||
| Comparative | net movement | in | funds, included | in the above are | as follows: | ||||
| Incoming | Resources | Movement | |||||||
| resources | expended | in funds | |||||||
| Unrestricted | funds | ||||||||
| General | fund | 640,144 | (329,741) | 310,403 | |||||
| TOTAL | FUNDS | 640,144 | (329,741) | 310,403 | |||||
| A current year 12months | and | prior year 12months | combined | position is as follows: | |||||
| Net | |||||||||
| movement | At | ||||||||
| At 6.4.20 | in funds | 5.4.22 | |||||||
| Unrestricted | funds | ||||||||
| General | fund | 7,100,141 | 55,446 | 7,155,587 | |||||
| TOTAL FUNDS | 7,100,141 | 55,446 | 7,155,587 |
| A current yea as follows: |
r 12 months and prior year 1 |
2 months combined net movement in |
funds, included i |
n the above |
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 1,220, 161 | (1,164,715) | 55,446 | |
| TOTAL FUNDS | 1,220, 161 | (1,164,715) | 55,446 |