JOHN ATCHESON FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES Ilncome and Expfrndtture Account) FOR THE YEAR ENDED S pRIL 2023 Unrnstrlctod R•8trlct•d lundg fundg Totsl lun¢ts 2022 funds 2023 2023 2023 Incomlng r•gourc•$ Diwdends & secu[rtS Interesl received (knr irKome 101.048 7.406 11.291 101.048 7.406 11.291 105,073 4,232 6.677 Totsl Inoynlnq r•gourc•• 119.745 119.745 115,982 R•SoUfC •xp•nd•d ProfeSonal fee5 & expenses Diul10n9 122.987 1112.(KJO 122,987) 119,89)) (112.CrfXJ) <110,CM)O) Totsl r•gourc•s •xp•n(l•d 1134.987 (134,987) {129,8901 Realtsed aain I Ilossl c disposal ol investments 229.870 229.870 15.421 Net KrnIng l 1ouigcA1 sourc 214.628 214.628 R•eOgnIs galm and IoBa•x Unreali5ed gains I (losses) revalua1 ol in¥eslmenls 1403.153) (403,1 $3) 266.668 1403.153} (403.153) 266.668 N•t Irbcoming mour¢•g for th• (188,52S) (188,525) 268,181 Funds brought forward Funds Cl•d foThvard 4.035.711 3.847.186 4.035.711 3,767,5J) 3.847.186 4 035 711
JOHN ATCHESON FOUNDATION BALANCE SHEET FOR THE YEAR ENDED 5 APRIL 2023 2023 2022 Not•s Fix•d ass•ts Imie5tmen15 Irbve8trnent tyoperty 5&6 3.478,448 3.856.581 60.0 3.916.581 3.538.448 Cumtnt ag9•ts Cash at bwk and In hand 315.871 126.157 315.871 126,157 Cr•dltorn: nounts I1n9 wlthln on• y 7.026 N•t curv•nt •a8418 308.739 119.131 N•t asg•ts 3.847.186 4,035,711 Unr•stritt•d Funds Fair Value reserve Irmne serve CaFNtal rtserve Tol¥l fvnds 10 10 10 1.29).717 167.083) 2.663.$52 3.847.186 1.653.870 151.8411 2.433.682 4.035.711 The aC)unIS wwe 8pwoved by tr Tnjsiees on l? Jw 2tr24 signed tsr behaff by: /¥s4. SbJrd:...AknL4............. Mwk S Regan Print name." nmwl Tntstee Truslee Chaiity No. 103846 The rnles of pa9es 7 10 12 form part of Ihese financ1 statements.
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED S APRIL 2023 1. A¢¢wnting poli¢l•s Th2 folkywvig a(ti ons1j matwial n re )h'ci25 have b appl CsiSteIlY n deing wilh item5 which are n b Ihe finarnial Slamls. 1.1 BMI8 ol pr•p•rntlon Th2 stalements have been ppared under thE h15tClcal 5t nVentiOn in xLxYdance ¥ilh the acc(yJntsThJ pl(leS sel out on pages 7 10 12 comrAy the Charrty s Menx)randum and Arc. the Charibe5 A¢1 IN¢ythem IrEnd) 2013,applicable law Accounbrwj Repts.ng by Chanbes.. Statement ol Recommended Practre appIle lo Charits preparing their accounts in cordance with the Financial ReportJ'rvJ Standard applicatAe in the UK Re1 of Ireland {FRS 1021 leffeclNe 1 January 2019). The Charity 15 a public benefit entity. 1.2 kncomlng r••ourc Al incoming re5wrcey are recognised ce the Trust has entrtlernent lo the res0w, rt is certa ihal the resources will be recewed and the mcrf)elary value ol irKLvniry rescmxces can b8 nwsured ¥ilh suiTioenl rdiability. 1.3 R•ourc•s •xp•nd•d LiJiklies are reco3nised as resou8 eXPeIed as scon as there is a leg contive oblwJath cornmitting the Trust to the expenditure. All exFeTrJrture is accounted for on an (lusI3 basis and ha5 en classffi undef headings Ihat aggrtyale all cosls related lo the catewry. tlistrknirtions are payments made lo third partie5 In the lurtherare of the thantable objective5 01 thE Tnl DiSth.ons are CoUnted fDr wh2n the reiipient ha5 a reasonle expecta1 that they receNe a distn'tIon Ihe Trustees have &areed to pay Ihe distribjtion wthcxrt conditm. 1.4 Fund •ccountlng Tru8t has h¥0 furnts, an Inccrfne FuThJ and a Capitsl Fund. wh¢h are reSt"C1ed. Unrestricted fuThJ5 cLYnprT5e Ihose furKls the Twstees are free to use for pury>ose furtheraTr of the Trust's oiiects. 1.5 knv•tm•nts Invesbnents are ststed on the bdanc sheet at fair Val m¥emerts. including alIsed and realised pns and losses, are ShC in ts Statement ol Fina181 Activtb"es. Realtsed gan8 and Ses are the aggregale of prts arwj losses cl sales of investment units. 1.6 TtIon A5 a regstered thtable trusL the T1 is not h'able to erther llrome Tax CryTrlwJn Tax.
JOHN ATCHESON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEARS ENDED 5 APRIL 2023 1.7 D•blorx Strrt)rt temi debtorn are measur&J at transaction ple Iwhth is usually the Invo piice). less any impaimEnt lows for b1 and th)ublful debls. Loans and olher financ assets are iThtidly recogni5ed at transactIc wice induding any IransadI costs and subsequenuy measured at amorId crx81 determined using the eftective interesl methc4J. less any inyairnnl losses for bad and dothtlul ddjts. 1.8 Cr•dttorn Str¥)rt tem credilLn are measured at transxtK>n Pr Ib¥ch is uwalty the n¥0e Pr>. Lo8ns and other financkql liabilities are iThbalty rec4Vi8ed at trSaC.0n nei of any transacn costs &)d subsequenty measured at amortised cost delermined using the eff1Ve irtsest method. 1.9 Cash Cash at bank aThJ cash in hand indudes cash aThJ sh¢Jt ienn hyhty IiquKI inveslmerts wth a 8h(xt matunty ol three r)nthS or less frrxn the date of wuisrfion or openiry ol the depwi siffal8r unL 1.10 FIMn¢lal Ingtrnm•nts Th8 trust L¥)ty has finanrAal assets and financial liabilles of a kind Ihat qualfy as basic fYw)dal instruments. Bayc finanaal instruments are inltsalty rwnised al 1fansactlL vaue and subsequenty SUTed at their setuement value. wth the excepti of any interest beann9 )$ wfvch are subsequenlly meayured at amortised cost usng Ihe effeCe interest Meld. Dlvld•nd & •curltl•g 2023 UK divKlends UK Untt Trust & OEIC dlvidends prrty I)Me diwdends 59,157 24,036 8% 16.959 24.780 1.249 16.101 101.048 105.073
JOHN ATCHESON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEARS ENDED 5 APRIL 2023 Pvof•8slonal 1•08 & •xp•nMs 2023 2022 Inveslment lees IndepeTraenl exammatlon fees Athinisbats)n expervJes Legal fees 16.289 2.750 397 3.552 17,185 2,550 155 22.987 198 DIJtrltI1on• 2023 2022 Me Curfe Nl Hospi Athcffl Mentsl Health Swkt FurKlrai5in Athjts Ncthm Irdand PolK> Fdkmlthp MS Smety Northem Ireland Belfast Homeless Service LeUkaeM & Lymth)ma Nl Aware Defeat Dewes5ion Ballykelly Primary Sd1 Care Z(me Coast Comber Ycxth for Cmst Daisy Lodqe Ea51 Bellast Misshjn McDonald CentsE S'rjfthJ Charitable A550ciali( SVDP 20,OCX) 20.5(K) 20,CIJO 10,CrfXI 20.1)Xi 13.250 750 10.ThXI 28,000 13,OCM) 15,CKXI 15,CKKI 112.0(M) 110.000
JOHN AT¢HESON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcoMfiNUEDI FOR THE YEAR ENDED SAPRIL 2023 Invq•lm•rt• l coBtI Cwtas•t8 April 2ty22 Colt •5 •t 2W23 PwchM• UK Ftied Iniere9t Oiher UK Fixed Interelli AJtetnab%t ItrEnts UK Equi Ovpra¢as 44J5 319.8fj6 3SB.82S a.042 812.619 74.274 53.8 188.4ni 314,94S 923,475 75J,849 173.4341 114.7851 73.555 2.370.6 201.710 176 691 2.395.648 & In¥•stmAnb latmartétvAlth)I MArk4tvAlu• S •16Aprll 1022 Chn#• In rk•t vah Jrth•¥•¥ DknpoMI •t LIAprfl 2023 UK Fixed Inje51 Bondy OthEr UK FiK& InÈtEsi P ternave InNestmenl$ UK Equibes OveTseas EqLth9 54.921 12.4351 117,8211 146.4KII 11f4).4841 1155.9321 52,486 304. 395.751 1.570,024 1.1S5.521 74274 ,8 188.4721 388.351 I,8.942 I.2.682 {73.434) {14.785) 73555 3B86.581 201 710 176.691 403.153 3478.448
JOHN ATCHESON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 7. knv•stm•nt prop•ity Vaue al 6 11 2022 ar¥J 5 Awil 2023 &).oc DepTeciatson a5 at 6 A4¥iI 2022 ar 5 April 2023 N•t book v•lu• At 6 Awll 2022 and 05 Awll 2023 .0 The ¥ae Lrf ihB inve5trnnl prwwty rell&ts the Tru5tee5 e5b'm•te of f•'r vahje. In the ¢yicffl of IhB Truslees. lair value was nol consered to have chged rroterralty during 2023. & C••h at b• 2023 2022 DNideTrJ5 XC4Mt knveslment account Cafcash aCcnt 27.518 281.733 6.620 26.443 93,093 6.6XI 315.871 126.157
JOHN ATCHESON FOUNDATK)N NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED S APRIL 2023 9. Cr•dllorn du• wlthln on• y••r 2023 2022 Evelyn Partners knthperKlent examviatwjn fees 4.382 1750 4.246 2.780 7.132 7.026 10. R•g•rY•g Totsl unmtri¢t•d rnMr¥•s F•r V•lu# rn•rv• In¢om• A8 816 fvpril 2022 2.433,682 1,653.870 4,035.711 229,870 1403.1531 1173.2831 Net Thxjme 115,2421 115,2421 As al 5 Iri1 2023 1.250.717 11. R•lat•d prty tranuctlon and Trugt••g' r•mun•ratlon There re ro Trustee lees thrd in 2023. kn the opmnim of ts Truslees. Ihere w8rB no related F*arty tranS'onS lo be discknsed in the arxwnts.