Chai?ty rngistsation number 900063 THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees R*d J H Sinmons Dr JA M Tumer QHP. FRCP Dr R E K Russell PhD, FRCP MrA Simmons Honordry Secretsry Dr D Laws FRCP Charity nUmr Principal addrtss ROY Boumemouth Hospital Castle Lane Boumemoulh Dorset BH7 7DW Indewidènt examintr Peter Barton FCCA ART AUtantS Lim Ground FlcKJr 11 Manvers Street Bath BA1 1JQ Bankers Nabonal Weslminsler Bank Pk The Ca511ewinl Centre Casue Lanè West Boumemwth BH8 9US
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST CONTENTS Trustees. reFKJrt Independent examine¢s kK)rt Stat8me)t of finanal Jiwtie5 Balance sheet Notes to the finani>al statement5 7_13
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2023 Th8 trustees pre8ent Iheir annual report and financial slatements for the year ended 5Apn"12023. The finanoal statement5 have been prepared in accordan wrth the a¢wJnting poliues set out in note 1 to the financial slatetnenls and eomp.'I with the charity's Igoveming documenll, the Charities Acl 2011 and "Accountsng and Reporting by Charities." Statement of Recornmended Piactic8 applioyble to charrties preparing their accounts In acwrdance with the Financial Reporting Standard aptAicable in the UK and Republic of Ireland IFRS 1021" leffe(ive 1 January 20191. Objectives and activitie The Bournernouth Chest Diseases Charrtable Trust was ablished in February 1989 in Boumemouth. Dorset with the purpose of 'relieving persons under the cale of Ihe Chest Physiiyans in the East Dors8t Heatth Ah0ty and suffering from Chest Diseases.. In order to achieve these oLyectives the Truslees are ernpowered to-assist in ihe provision of improved facilrties for investigation. diagnosis, education and trealment ol palients attending the Royal National H05pitsI, the Roy81 Victoria Hospital and the BoumÈrnouth General Hospital. The Trustees are furlhem)ore eMWered lo assist persons with Chronic Chest Diseases in the rnanagernent of their condilion at home by the wovision of any necessary Se7c&S and equipment for the benefit ofslth r$on$.. Since the drawing up of the Deed. the Royal National Hospf(al and the Royal Victoria Hospitals have dosed. and the 8ournemouth Gerral Hosprtal has been renamed-The Royal Boumèmouth Hosprtar. The Trustees identfy projects and organisations Ihey wish to support and so the Trust does not make grants lo people or organisation5 that appfy speculatively. They lIeVe thal the public benefft requirement is fully satisfied a the support is prowded Ihrough Hospbt whth are open to all within ihe catthment aiea covered by the Trust. Thè trustees have paid due regard lo guWJan issued by Ihe Chanty Commisyon in deoding what adivthes the charrty should undertakè. Pro¢edures and polley for maklng grnnts The Trustees normally meet twicè a year tt) Conser what grants they make and to any feedback they have received. Nominations for grants are elicit1 by formal and infomial means. The lormal mean5 involves inMting the Boumemouth and Poole Hospital Management Its submil grant feq¢Jests for developments that lie within the Trust's objects. Though Ihe Trustees make sotne small grants wilh no fomial applicatn, they normally 3sk other organisations to subtnit a fwmal awtstion saying hrAV the fiJnd$ wck1 be used 8ThJ what would be achieved. The Tiustees, FX)ITcy. whith is 1X)mmunated to all benèfiriares, is to cxynmit to gr3nts for a maxmum of three years. with no guarantee of fvnding t*yond that rK)d. Aehiev•ments and perfomwnc• Grants towards various projects have been continued during the year Irom the Designated Funds. as detailed in note 6 and 16 to the Accounts. 11 is the Tru51ees' FM)Iicy to uts.lise the Trust InMe mainty for suth grants in futuie years. Grants are made in order to improve patient i>re where Health Servth lunding is not availab. The ifflpact 01 9rants made is rewewed by the Trustees at eath Trustee meeting. and they are satisfied that 51gnificanl improvements in pabent haNp bèen ad)ieved.
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST TRUSTEES. REPORT (CONTINUEDI FOR THE YEAR ENDED 5 APRIL 2023 Financial review During the year ended 5th April 2023 the Trust re(2wed gifts. grants. leg&yes and bequests lotalling £48912022- £5.0251. It also received investment inojrne of £163.47512022- È154.928}. The Trust's fund5 are all unrestrt(ae(J. Ihe Trustees have designated fijnds for ftrture projects separately. A transfer to the designated funds amounting to £10.857 has been made in the year, Presenting a net Increase in the commitTnenls agreed by the Trustees. At the yèarend the bala8 ol designated funds stood at £917.950 12022- £956,500), as summarised in note 16. The overall resutt for the year shows a dèficat of £128,11412022 - surp5 £722 127). Induded in the dèfiot is an unrealised loss on the revaluation of the Charrties Propetty Fund of £138.980 12022 - profil of £145,674) and an unrealised loss of £84.866 on the revaluation of the Ralhbones inveslment portlc4io12ff22- profit of £133,355). The dosing fund balan sto(xl at £4,216.407, 12022- £4.344.5211. It is th8 policy of the ¢arrty thai UntriCted fvnds whK ha¥È not been designated for a specrftc use should be rnaintainèd at a minimum level equivalent to six month's expenditure. The trustees nSiderS that reserves at th15 level will ensure ttr>al, in the event of a signfficant drop in funding. they will be able to rDntnue th8 charity's current activilies while c#)nsideration Is given to ways in whth addrtional funds may be rar5ed. This lèvel of ieserves ha8 been maintaine(I throughout the year. The Trustee5' inve5trnent policy ts to invest partty in cnal prortY wrth an aiM)ve average yield in order to maintain incx)me for immediate use, and party in a manaJaY qwted portfolio lo prowde a balan belween ino)me and long term growth. The Twstees aim to tetain 5uffio.ent IiquKI fijnds on immediate acce$5 and short temi deposits lo meet their futurè comtnrtments. The trustees ha3 assessed the Ma)r risks to whith the dwrity ks expod. and are satisfied that 5yStem5 are in place to rnrtigate exposuTe lo the major risks. Tho Trustoès annually review Ihe risk5 that the charty tdQS. To date these have rnainty related to investment managemènt and have been amdiorated by Ihe sale of indiwdual prOpertS and reinvestment of the proceeds In the Charities Property Fund. Investments a loi tr k>nger term. and are dÈ$bJnèd to provide strfficAènt income to enable the Trusi to cany out ts obje(#ives. Plans for futuwp perlods The Trustees Intend to o)nbnue providiThJ grants In a similar way to the recent past continuing the emphasis on ojects at 8oumernouth and POO Hospitals and wrth k)1 PNnary ca Trusts. and for training, but tainIng flexibility as to thè timing. and scala of grant maknng. It Is likèly that wrthin the f(weseeable fijture. the will be a major buthling prcyect al the Royal Bournemouth Hosprtal. which will involve the Thoraoc Mediune Department. The Trusiees would wish to support Ihe continuing exTrllence of the Thoraac Me(line Deparlment and to this end have designated thè Sum 01 £?50.( to be held in iesetve tthvards any requests that may be agr for this purp. Structure, governance and management The charity was èstsblished in February 1989 and is (egisteI wrth Ihe Chanty Commission No. 3. The charity is an unincorpoiated body whose goveming document is a Twst t). The trusteès who seryed during Iha year and up to the dale of signature Of financial stst8ments were.. Rewd J H Simmons Dr S M Malpas MB, Bch. BAO Dr J A M Turner QHP, FRCP Dr R E K Russell PhD, FRCP MrA Simmons Dr C W&ddertJum {Re5vJned 19April 20231 IAppointed 12 Juty 2022 and res 14 February 20231
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 5 APRIL 2023 The trust deed sts'pulated Ihe first Trustees, who continue lo selve. New Trustees are ideniifiÈd and appointed by the remaining Tnjstees. The thainnan of the Trust 15 responsible for the induction of any new Trustee, which would involve awane$S of a Trustee's resw)fts1b'e$. the goveming document, administrative prou[e$. the history and philosophical approach of the charity. A new Trustee receNes copies of the preOuS year's annual report and accounts and a ¢opy of the Chanty Coffimiswn leafiet'The Essenbal Trusteè". Ihhat You Need to Krk)w'. Thè Trustees have appointed an Honorary Secretsry, Dr D. Laws. WIK) is a nSuan1 in the Thoracic Medicine D8partment of the Royal Boumernouth Hosprtal. They have a150 appointed an administratot who deal$ wrth correspondence and bookkeepi. The trustees. report was approved by the Boa of Trustees. Revd J H Simmons Trnstso Date". ILII IE4
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST l port on the fin8ncAal statemènts of the thartty for the year erhjad 5April 2023, whi¢h a sel out on pages 5 to 13. Rtsp•ctiv8 responsibilrties ot trn5te•s and examintr The d)arity'5 trustees a iesponsible lor the preparation of the finanual statements. The charty's trustees con&der that an audrt Is not required for this year under seCtn 144121 of the Charibes Acl 2011 (the 2011 Act) and that an independent examination is needed. It is rny responsibilty to.. examine th6 financ4al staternenls under S&'c 145 ofthe 2011 Actr. lill lo follow the prdureS laid down in the general Diiections given by Charity Commisston urKler section 145{5llbl of the 2011 Ad.. and liiil to stste whethèr partiojlar matters have uJm8 to my attents"on. Bagis of indgpenthnt examinorfs rwrt My examination was carrEd out in accordan wth the general DIredS gNen by U)e Charity Comrnission. An examination indudes a reieW of the accounthng cOrdS kept by Ihe charty and a crnparison of the finanryal statements presented 4h those lerds. It also IrudeS conside¥al¥)n of any unusual items or disdosures in the rinancial statements, and seèking expbnab"Ms frum you a5 Injsteès conceming any such rnatters. Thè procedures untjertaken do not pmvid8 all the evlen that would be iequired in an audrt and o)n5&quently no opinK)n is given as to whether the financial statemsnts present a 'true and fair view, and thè report is limited to those matters sel out in the next statement. Indep8ndgnt examin•rf$ statement Your attention is drawn to the fact that the tharity has prepa finarnyal statements in accordance wtth Aceounting and reporting by Charities praring their accounts in a[dance wrth thè Finanoal Rèporting Standard applicablè in the UK pnd Republic ol Ireland IFRS 1021 in preference to Acxxjunting and R8POrting by Charities". Staternent of ReTr)mmended Pracbce issued on i April 2005 whK is referred to in the oxtant ragulations but has ncyw been Withdrawn. l undèrstand that this has been done in eKder for Ihe finanoal statemenls to prowde a truè and fair view in accordance Mth Generalty Accepied AoUnting Practi effedive for reptstbThJ riods bÈginning on or after 1 January 2015. In connection with rny examination. no other matter ex that referred to in the fftvious paragraph has come to my attention.. {a} whirth gives me reasonab causa to bèlievè that in any matial rèspeo the requirnents'. to keep accwnting records in accor¢ani% wrth se(ion 130 of the 2011 Act.. and lill to prepare finanual slatements which acwrd 1h Ihe ac£ounting recwds aThJ comply with th8 ac¢ountin9 requirements of ihe 2011 Act," have not been rnet or {bl lo which. in my opinn. attention shoukl be drawn order to enable a proper undèt5tandirKJ of the finanual stslements lo be reached. Mr Petsr Barton FCCA ART Accountants Llmltod Ground Floor 11 Manvers Street B8th BA1 1JQ Dated. li tsr loz4+
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDINGINCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2023 UnMtrict¢d Unrestrleted funds funds 2023 2022 eo Donations and logaues Investments Notes 469 163.475 5.025 154,928 Total income 163,944 159.953 endi Raising funds 15.011 16.(2 Chantable artMh•s 53.201 50,793 Total expandi1? 68.212 66,855 Net gainslllosses} on inve$trnents 10 1223.8461 629.029 Nèt rno¥em•nt in lund6 1128.1141 722.127 Fund balanS at 6 April 2022 4.344.521 3,622.394 Fund balances at 5 Aprfl 2023 4,216.407 4,344.521 The statement of financial al¥rtIeS indtKle5 dl gains and knsses rerA)gnised in the year. All in¢omè and èxpenditure d]ve from continuing •*ies.
. THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST BALANCE SHEET AS AT5APRIL 2023 21123 NotsB 2022 Fixed as8ets Investment property Investments 12 13 1.2(K),ocrf) 2.459,082 1.200,C) 2.694,114 Current a•ts Cash at bank and in hand 3.659.082 3,894.114 589,465 481.089 Creditors.. amount8 falling du• wlthrn on• year 14 132.140) 130.6821 Net rrent assels 557.325 450.407 Total assets ks8 current liabililies 4,216.407 4,344,521 Income funds Unrestrided funds Designated fvnd$ General unreslTiCted funds 16 917.950 3.298.457 956,500 3,388,021 4.216.407 4,344,521 4.216.407 4.344.521 ILI I IiK The finanoal statements were approved by the Twstees on ......................... Retrd J H Simmns Trustse DrJAM fumer QHP. FRCP Trustee
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 Accounting pollcies Charity infomwtlon The Boumemoulh Chest Disèases Charitsbk Trusl is an unirwx)rporated body whose goveming d0ment is a Trust Deed.. 1.1 Aeeounting ¢onvgntlon The finantial statements have been prepared in accordan wrth the chantys Igoveming d(Kumèntl. thè Charities Act 2011. FRS 102 "The Ftnancial Rewting Standard a11(ble in the UK and Republ ol Irdand" rFRS 102.} an¢J the Chantiès SORP 'Accounting and Reporting by Charrties". Statement of Recommended Practice applicaNe to charities preparing their accounts tn aCCA)r¢jan the Finanrjal Reporting Standard applicable in the UK and Republ ol IreL8nd (FRS 1021" leffedNe l January 20191. The charity is a Public Benefft Entity as define(I by FRS 102. The finanaal staiements have departed frorn the ChaiilEs (Accounts and Reports) Regulations 2008 only to the extent required to prowde a true and fair This departure has involved foll)wing the Staternent of Recommended PraCte for thamiès applying FRS 102 rather than the version of thè Staternent of Recommended Practice 'hi¢h is referred to in the Regulations but which ha5 since betsn wrthdrawn. The finanoal statemonts are prepaied in sterliThJ. whth is ts fun(Xional cyJFrenLy of tr dwrity. Monetsry amounts M these finanaal statemetS afe rounded to the neast £. The finanaal Stslements havè been prepared under the histthh?l (x)st convention, Imodified to include the revaluation of freehold properties and to indude invesbnenl properties and certain finanual insiruments at fair valuel. The principal accounting pcAle$ adopted a set out bekn¥_ 1.2 Going concern At the time of approving the ffinancial stslèments, the Iruste&8 habÈ a reasonable #Xpectatn that the charity has adequate reSoUrS to continue in opefational existen for the foreseeable future. Thus the ttuslees continue to adopt the gotng o)neern ba$ of accwnting in preparing thè finawal statements. 1.3 Charitable funds Unrestricted fund5 are available for use at the di5L¥ekn of the trustees in fUrtherar of thw'r charilae objectives. Restricted funds are subj8Ct to speofic CX)ndrtS by donors as to trK)w they may be used. The purpo$8s and uses of the stricted fund5 a set out in the Th)tes to the finanraal statements. Endowment funds are subjecl to 5peufic condrfrons by dorKJrs that the caw must be Maintain by the charity. 1A Incomlng r•sourc•8 Incorne is recognised when Ihe tharity is entilled to it after any OrnnCe jnd"ons have been met. the artKJunts can be measured reliabty, arky it is probaNe that inrxjme wll be re1ve. Cash donations are recJ)gni5ed on receipl. Other donalions are recLynised the charity has beèn nobfied ofthe donation. unless perf0rnan condthons require defe1 ofthe amount. Income tax recoverable in elation to donations ree2ived under GrftAid or deeds of covenant is iecognised at Ihe time of the donation. Legaaes are r8cognise¢J on reoipt or othtrrwise rf th& dnty has been notsfied of an impending di5tribub'on. the amount 18 known. and reoipt is eypeced. If the amount is Th)t known. the legacy is treated as a contingent asset. 1.6 Resources gxp•nded
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 5 APRIL 2023 Ac¢ounting pollcies Icontlnuodl Expenditure Is recognised once there i% a legal or constructive obligation to transfer econom+c benefft to a third party. it is probable that a transfer of e(xJnomiG tRnefits will be reguired in setilement. and the amount of the obligation can be measured rdiabty. Expgnditur& is classrfd by athty. The c4Jsts of eath are rnade up ol the total of direct costs and shared c4)sts, indu¢Jing support costs invc4ved in undertaking each acwty. Direu costs attributable to a singla acbvity afe allocated diredty to that actiwty. Shared costs which contribute to more than one activity and support costs which are not attributatAe to a single avilY ale apportioneo tetween those activrties on a basis consistent th the use of resources. Central staff cost5 are albcated on the bas15 of tirne spent. and depreciats'on charges ale albcated on the wrtion of the asset's use. 1.6 Investment pmperties Investment propety, whrth is property hdd lo ewn rentals andlor for raprtal appreaation. is initk?Ily recognised at St. vthich Indudes the purthJs¢ st and any direclly attributable expenditure. Subsequentsy it is Tneasured at fajr value at the repotb'ng end date. The SUruS (K defiot on revalualion is reo)gnls¢d in profft or 6oss. 1.7 Cash and cash equivalènts Cash and cash equivalents Indu¢Jè cash in hand. deposrts held at call with banks. other short-term Imjuid investments wth original matuiitses of three monihs or less. bank o¥erdrafts. Bank overdrafts are shown wrthin borrowFngs in ojrrent liabilth'es. Basle financlal ass•ts Basie ffinanoal assets. whic* indude debtors and cash and bank balances. are inittally measured at transaction pric£ including transactson costs and are 5ubsequenlty caffled at amortised (x)st using the effective interest method unkss thè arran9enTrt con5trtutes a finanejng transaction, Whe the transaction Is measureoat the present value of the future receipts dLscounled at a rnarket rate of intèrest. Finanal assets classified as rec8ivable wtthin one year are not arno5¢. Basic financlal liabllfti•s Basic financial liabilities. induding uedrtors and bank loans are intbalty rwn15ed at transaction piire unless the arr8ngetnenl constrtutes a finanang transaaion. ere the debt instnjmènl is measured at the present value of the future payments discounted at a ma¥ket rate ol Interest. Finanaal liabilrties dassified as payable within one year are not amorbsed. Dèbt instruments arè svbsequenty carried at amorb'sed eosi using Ihe effective interest rate mèthod. Trado creditors are obligations to pay for gLXMls or Se[m il)at have to8n ao]uired in the ordinary eourse of operations trotn suppliè15. Amounts payab a dalfiert as liabil"e$ rf payment is due within on8 year or less. If not, they a presented as non-(xJfTent liabiliti'es. Trade ueditors are rewgnisèd initially at transaction price and subsequently measured at amorhsed cosi ung the gffective Interest mèthod. Derecognitlon of finanei311iabllilies Finanoal liab11rt are dere(yJgnised when the ¢hanty's CA)ntradual obliga1 exre or ore discharged or canGelled.
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Criti1 accounting estimates and judgemèntr In the application ofthe tharity's aryxunting pdiryes. the trustees are required to make judgements. ests'rnates and assurnplions about thè carying amount of a&%ets and liabili$ that are not readily apparent from other SOLJrces. The e5tirnales and asso(aated assumptions are based on historical expn and other factors that arè (x)nside to be relev8nt. Adual resuhs may differ from these èstimales. The estimatès and utN1wtying assumpb.ons are on an ongoing basis. Rèmsions to accounting 8Stimate5 are recogni5ed iri the period in which the estimate 15 re¥Ased where the rewsion alfects onty that period. or in the period oi the rtsvision and fttture periods where the rewsion affecas both current and fiJDJrè periods. Donations and legacles Unre¥tricted Unrestrteted fvnds funds 2023 2022 Donations and gifts 5,025 Inveslments Unrestricted Unr•strict•d funds funds 2023 2022 Ren¢al income Income from listed irtvestr4ients Interest receivae 81,6LK) 81.140 735 81,046 73.867 15 163.475 154.928 Raising funds Unrgstricted Unr¢strict•d funds funds 2023 2022 Inv Ime 15.011 18,(2 15.011 16,[2
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDEG 5 APRIL 2023 Grnnts payablè 2023 2022 Grants to insrrtuts"ons'. Respiratory Research Nurse Physiology Appenti Uhrasound Pulrnonary Rehab equipment 240 1.652 10,693 34.895 47.549 47.657 47,240 Support costs Support Governanc* costs Costs 2023 Support Governance ¢05ts Costs 2032 Websitè and publiuty Bank charges 116 14 116 14 Aceounts preparalion fees Independerrt examinerf8 2.880 2.880 2,635 2,635 Jo 8LKI 8CII 3.780 118 3.435 3.553 Analysed beiween Chantable acliwties 3.780 118 3,435 3.553 Tru$te8s None of the trustees lor any persons (x)nneded wth thèm) r1ved any remurEration or benefits from the eharity during the year except as disd05eil below. Mr J H Simmons, a trustee, arAed in a professio1 ¢apaoty and was paid fees of £1.60012022- £1.600}. Employ8•¥ Therè were no employees during the year. 10-
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 10 Net gain(1031 on inve8kngJ Unrestricted Unmtrictsd funds funds 2023 2022 Revaluation of investrnents Gainlllossl on sale of investment5 RelUtIOn of investment propeitie5 1227.2411 3.395 258.291 20,738 350.000 1223.8461 629,029 11 Taxatlon The charity is exèmpt frorn lax on incorrÉ and gains falling wrthin section 505 of the Taxes Acl 1988 or section 252 of the Taxattonof Chargeable Gains Acl 1992 to the extent thal these are applied to rts thaiitable objects. 12 Inve8th*nt prop•rty 2023 Fair Value At 6April 2022 and 5 April 2023 1,200.iKKJ Inveslment property comprises of a mme[CAal unrt. Unrt R Elliott Road, Bourtwmouth. The fair value of the invèstment property has been arrived at on the basis of a valualK)n carried out in January 2022 by Goadsby Chartered Surveyors. who are not (x)nneded wrth the thanty. Thè valuation was made on an open rnarkel value basis by reference market ewdeneè of transactK)n pn for similai properties. 13 Fixed a6S•t inv•¥trn8nts Listed Investments Cash in portlollo Totsl Cost or valuation At 5 April 2023 Additions Valuation changes Disposals 2.646.268 387,307 1227.3051 1390.0211 47,846 2.694,114 387.307 1232.3181 1390.0211 15,0131 At 5 April 2023 2.416.249 42,833 2.459,062 Carrying amount Al 05 April 2023 2.416.249 42.833 2.459,082 At 05 April 2022 2.646.268 47,846 2,694.114 11
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDEC 5 APRIL 2023 13 Fix•d asset Investrnents Icontlnuedl 2023 2022 Investments at fair ¥Alue comprise.. Charities Property Fund Rathbones Investment Managemtht 910.137 1.548.948 1.049.117 1.644.997 2,459.085 2,694,114 FIx8d a8s¢t investsnents revalu•d Investments are Ind(¥Jed in the accounts on a tsif value basi5. Th8 historral cost of investsnents is £2.214,34012022_ £2,130.8241. 14 Cr8dltor4.' amounts falllng due T*lthin one yèar 2023 2022 Other taxation and security Dèferred income Other credrtors 8,772 17,710 4,200 15 17,710 5,522 32.140 30.682 15 DefenBd In¢om• 2023 2022 Arising from Rental ino)me 17,710 17.710 Deferred income is induded in thè finamaal ststemÈnts as fclbws". 2023 2022 Deferred income is induded within." Current liabilities 17.710 17,710 MoVemS in the year Deferred income at 6 April 2022 Released from premous periods Resourc8s deferred in the year 17,710 {17.710) 17.710 17.156 117.1561 17,710 Dèleryed income at 5 Awil 2023 17,710 17,710 12_
THE BOURNEMOUTH CHEST DISEASES CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 16 Designat funds The income funds of tha ¢arity indude the fonowing designated fu5 whth havg b8en sèt 8sKle out of Unstricted lunds by the trustees for specific puOSe$.. 6Apiil 2021 xpendètt 6 2022 •xp8ndod 8alan¢ at SAwll 2023 Grant ornmitrnents 957,1 (47.2401 149,4071 10.857 917.950 957.too 147,2401 {49.40n 10.857 917,950 13-