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|---|---|---|---|
|Reference and Administrative
Information||||
|Trustees Report||||
|Independent
Examiners|Report|||
|Statement ofFinancial|Activities|||
|Balance Sheet||||
|Notes to the Accounts||||
|Schedule 1to the accounts is for the Trustees||information||
|only and does not form part ofthe statutory||accounts||
|Schedule
1 - Investment|Portfolio||1|
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|||FORTH|E YEA|R ENDED 5APRIL 2023|R ENDED 5APRIL 2023|||
|---|---|---|---|---|---|---|---|
|||||Unrestricted||Total|Total|
|||||Income|Expendable|Funds|Funds|
|||||Funds|Endowment|2023|2022|
||||Notes|||||
|INCOME FROM:||||||||
|Investments||||||||
|Dividends||||129,691||129,691|118,887|
|Interest on. Securities||||26,169||26,169|19,894|
|Bank and stockbroker|interest|||3,430||3,430|53|
|TOTAL INCOME||||159,290||159,290|138,834|
|EXPENDITURE ON:||||||||
|Raising funds||||||||
|Investment
management||costs||33,488||33,488|37,350|
|Administration
costs||||10,602||10,602|11,543|
|Charitable
activities||||||||
|Project grants|||8|185,046||185,046|67,366|
|TOTAL EXPENDITURE||||229,136||229,136|116,259|
|NET EXPENDITURE|BEFORE|||||||
|INVESTMENT (LOSSES) / GAINS||||(69,846)||(69,846)|22,575|
|(Losses) / gains on investments||||||||
|Realised on sale|||||(84,593)|(84,593)|69,207|
|Unrealised|||||(357,822)|(357,822)|178,267|
|NKT (EXPENDITURE) / INCOME AND
NKT MOVEMENT IN~S||||(69,846)|(442,415)|(512,261)|270,049|
|Reconciliation
offunds:||||||||
|TOTAL FUNDS BROUGHT FORWARD||||256,540|5,761,503|6,018,043|5,747,994|
|TOTAL~SCARRIED FORWARD||||f186,694|K5,319,088|K5,505,782|K6,018,043|
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||BALANCE SH
A.SAT 5APRIL|EET
2023|||
|---|---|---|---|---|
||||2023|2022|
||Note||||
|FIXEDASSETS|||||
|Investments|||5,473,915|5,870,078|
|CURRENT ASSETS|||||
|Accrued income||||400|
|Cash at bank|||||
|Deposit account||33,157||47,619|
|Capital account||1,000||1,000|
|Cash at stockbrokers|||||
|Capital account||100,954||145,916|
|Income account||8,702||8,550|
|USD Capital account||||2,026|
|Euro Capital account||18,624||31,701|
|||162,437||237,212|
|CREDITORS: Amounts|falling due within||||
|one year||120,570||69,247|
|NKT CURRENT (LIABILITIES) / ASSETS|||41,867|167,965|
|TOTAL ASSETSLESSCURRENT LIABILITIES|||5,515,782|6,038,043|
|CREDITORS: Amounts|falling due after||||
|more than one year|||10,000|20,000|
|NKT ASSETS|||K5,505,782|16,018,043|
|CHARITY FUNDS|||||
|Unrestricted
funds|10||186,694|256,540|
|Endowment
funds|||||
|Expendable
endowment|10||5,319,088|5,761,503|
|TOTAL CHARITY FUNDS|||K5,505,782|K6,018,043|
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||||Basis of|Income|Expendable|2023|2022|
|---|---|---|---|---|---|---|---|
||||Allocation|Fund|Endowment|Total|Total|
|Governance|costs|||||||
|Independent|examiners|fees|Direct|3,180||3,180|3,060|
|Clerk's fees|||Direct|7,785||7,785|7,780|
|PPS|||Direct|392||392|387|
|Sundry expenses|||Direct|||||
|Bank Charges|||Direct|90||90|108|
|Insurance|||Direct|308||308|308|
|Exchange difference|||Direct|(1,153)||(1,153)|(100)|
|||||10,602||10,602|11,543|
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||||2023|2022|
|---|---|---|---|---|
|Listed investments|||||
|Stocks and shares|||5,473,915|5,870,078|
|Movements
in axed asset investments:|||||
|Market value at6April|||5,870,078|5,783,087|
|Additions
at cost|||991,084|1,195,529|
|Disposal proceeds|||(944„832)|(1,356,012)|
|Realised gaml(loss) on|disposal||(84,593)|69$,07|
|Unrealised
revaluation|gain/(loss)||(357,822)|178/67|
|Market value at 5April|||5,473,915|5,870,078|
|Historical cost as at 5 April|||4,991,804|4,953,337|
|Investments
can be sumnmrised||asfollows:|||
|UK stocks|||2,881,293|3,215,202|
|Foreign stocks|||2,592,622|2,654,876|
|Market value at 5April|||5,473,915|5,870,078|
##
|||2023|2022|
|---|---|---|---|
|Amounts|falling due within one year|||
|Grants payable||109,000|57,000|
|Accruals||11,570|12,247|
|||120,570|69,247|
|Amounts|falling due after more than one year|||
|Grants payable||10,000|20,000|
|||10,000|20,000|
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||||2023||
|---|---|---|---|---|
|Charitable
grants made to institutions||during the period comprise:|||
|4~Dunstable
Scout Group|||||
|A4S (Progressability. org)|||5,084||
|AII Saints Church Great Barford|||8,000||
|Asthma Relief|||2,850||
|Autism Bedfordshire|||10,000||
|Bedford MS Therapy Centre|||30,000||
|BOLD (formerly Beds Garden Carers) —pledge withdrawn||||(12,000)|
|British Red Cross||||3,500|
|Crackerjack's
Children's
Trust|||1,515||
|East Anglian Air Ambulance|||10,000||
|Elisabeth Curt Riding for the Disabled|||7,000||
|Friends ofBushmead School|||5,000||
|Full House Theatre Company||||5,000|
|Goldington
Reading
8r,Recreation Rooms|||4,000||
|Great Barford ViHage Hall|||1/00||
|IMPAKT||||2,000|
|Joss SearchEgbt||||1,500|
|Keech Hospice||||5,000|
|Level Trust|||10,000||
|Lifelites||||5,000|
|Link to Change||||3/00|
|Listening Books||||3,000|
|Livmg ItUp|||2,815||
|Music 24|||2,782||
|NARA —The Breathing Charity||||2,000|
|Odell Village Hall|||5,000||
|Out ofClass|||3,000||
|PCCofStMargaret's
Church Streatley||||7,056|
|Potton for All||||5,000|
|Renhold Baptist Chapel||||6,000|
|Salto Gymnastics
Charitable|Foundation||||
|Shri Guru. Ravidass Sangat||||4,500|
|Smart CJS|||4,000||
|StAndrew's
Church, Ampthill|||10,000||
|StLeonard's
Church, Old Warden||||10,000|
|StMargaret's
Church, Streatley||||3,000|
|StNicholas Church, Hockliffe,|||10,000||
|StPaul's Church, Bedford
StPeter4StPaul Cran6eld|PCC||10,000
5,000||
|Streatley Village Hall|||32,500||
|The Lord's Tavemers||||1,500|
|The Sequel Trust||||2,810|
|The Wildlife Trust||||1,000|
|Welcome to our Future||||2,000|
||||185,046|67,366|
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|ANALY||SIS OF NET ASSETSBYFUND||||
|---|---|---|---|---|---|
||||Income|Expendable|2023|
||||Fund|Endowment|Total|
|Fixed asset investments|||154,827|5,319,088|5,473,915|
|Current|assets||162,437||162,437|
|Cturent|liabilities||(120,570)||(120,570)|
|Creditors||more than one year|(10,000)||(10,000)|
||||186,694|5,319,088|5,505,782|
||||Income|Expendable|2022|
||||Fund|Endowment|Total|
|Fixed asset investments|||108,575|5,761,503|5,870,078|
|Current||assets|237,212||237,212|
|Current||liabilities|(69,247)||(69,247)|
|Creditors||more than one year|(20,000)||(20,000)|
||||256,540|5,761,503|6,018,043|
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|Unrestricted||||2023|2022|
|---|---|---|---|---|---|
|Income fund||at 6 April||256,540|233,965|
|Net income|/|(expenditure)|for the year|(69,846)|22,575|
|Income fund||at 5 April||186,694|256,540|
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|Restricted|||2023|2022|
|---|---|---|---|---|
||||f.||
|Expendable|endowment|f'und at 6April|5,761,503|5,514,029|
|(Losses) / gains|||(442,415)|247,474|
|Expendable|endowment|fund at 5 April|5,319,088|5,761,503|
##
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|The carrying
amount ofthe Ch|arity's
finan|cial
instruments
are as follo|ws:||
|---|---|---|---|---|
||||2023|2022|
||||f.||
|Financial assets|||||
|Measured at fair value through|net income|/ expenditure:|||
|Fixed asset listed investments|(note 6)||5,473,015|5 870,078|
|Petgains and losses (including
changes infair|value):||||
|---|---|---|---|---|
|Financial assets measured
at fair value through|net income|/ expenditure|(4~42,415|247,474|