| Year Ended 31st August 2023 | ||
|---|---|---|
| 2023 | 2022 | |
| Income | £ | £ |
| Voluntary Receipts | ||
| Donations | 7,000 | 25,000 |
| Charifund dividends | 5,994 | 4,655 |
| Total income | 12,994 | 29,655 |
| Expenditure Grant Payments Purchase of Charifunds |
20,000 | 6,750 25,000 |
| Accountancy Fees | 300 | |
| Total payments | 20,300 | 31,750 |
| Net (expenditure) | (7,306) | (2,095) |
| Net gains on investment | 4,195 | 12,997 |
| Net movement in funds | (3,111) | 10,902 |
| Year Ended 31st August 2023 | ||
|---|---|---|
| 2023 | 2022 | |
| Current assets | ||
| Cash at bank and in hand | 2,725 | 9,731 |
| Charifunds investments at fair value | 101,516 | 97,321 |
| Total current assets | 104,241 | 107,052 |
| Creditors: amounts falling due within one year | (300) | |
| Net current assets | 103,941 | 107,052 |
| Total assets less current liabilities | 103,941 | 107,052 |
| Net assets | 103,941 | 107,052 |
| Reserves | ||
| Opening reserves | 107,052 | 96,150 |
| (Loss)/Profit for the year | (3,111) | 10,902 |
| Closing Reserves | 103,941 | 107,052 |