2023-04-05-accounts

Charlty number: 1002178 THE JOHN HEMINGWAY CHARITABLE TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023

		CONTENTS
				Page
Reference and administrative		details ofthe charity, its trustees	and advisers
Trustees' report				2-3
Independent examiner's	report			4-5
Statement offinancial activities
Balance sheet
Statement ofcash flows
Notes to the financial statements				9-16

					Unrestricted	Total	Total
					funds	funds	funds
				Note	2023	2023	2022f
Income from:
Donations and legacies					40,000	40,000	5,347
Investments					91,781	91,781	352,783
Total income					131,781	131,781	358,130
Expenditure on:
Governance costs					13,184	13,184	10,156
Charitable activities					47,410	47,410	112,053
Total expenditure					60,594	60,594	'/22, 209
Net income before investment		losses			71 187	71,187	235,921
Net losses on investments							(310,250)
Net income /(expenditure)	before other recognised		gains
and losses					71,187	71,187	(74,329)
Gains/(losses) on revaluations		offixed assets			(145,425)	(145,425)	56,187
Net movement in funds					(74,238)	(74,238)	(18,142)
Reconciliation offunds:
Total funds brought forward					2,107,077	2,107,077	2,125,219
Total funds carried forward					2,032,839	2,032,839	2,107,077

					BALANCE SHEET	BALANCE SHEET
					AS AT 5APRIL 2023
							2023			2022
					Note
Fixed assets
Investments							1,914,479		1,979,282
Current assets
Cash at bank and	in	hand				131,239		135,758
Creditors: amounts		falling due within one
year						(12,879)		(7,963)
Net current assets							118,360		127,795
Net assets							2,032,839		2,107,077
Charity Funds
Unrestricted funds							2,032,839		2,107,077
Total funds							2,032,839		2,107,077
The financial statements			were approved	by	the Trustees on	~ i QS	+ and	signed on their	behalf,	by:

					Note	2023f	2022
Cash flows from operating			activities
Net cash		used in operating	activities			(15,678)	(768,823)
Cash flows from investing			activities:
Dividends,		interest and rents from investments				91,781	352,783
Proceeds		from sale of investments					755,500
Purchase		of investments				(80,622)	(294,831)
Net cash		provided by investing activities				11,159	813,452
Change	in cash and cash		equivalents	in the year		(4,519)	44,629
Cash and		cash equivalents	brought forward			135,758	91,129
Cash and		cash equivalents	carried forward		12	131,239	135,758

Investmen	t income
				Unrestricted	Total	Total
				funds	funds	funds
				2023	2023	2022
				F
Dividends from listed Interest Income		securities		91,690 91	91,690 91	352,783
				91,781	91,781	352,783
Total 2022				352,783	352,783
Charitable	expenditure
Charitable	expenditure	for	the year is as follows
Donations
				Unrestricted	Total	Total
				funds	2023f	2022
Harley Foundation				11,500	11,500	11,000
Mill Hill				5,000	5,000	5,000
Rothermere	American	Institute		10,000	10,000	10,000
Ellen McArthur Cancer		Trust
StAndrews The Lotus	Church Grinton Foundation			4,000 8,510	4,000 8,510	3,500 7,474
Mail Force
Children's The Royal	Hospices across London Marsden Cancer Charity					5,000 5,000
Thrombosis Guy's and	UK StThomas'	Charity				5,000 5,000
Worksop College Scholarship				3,000	3,000	49,679
Worksop College Student			Award	5,400	5,400	5,400
Total				47,410	47,410	112,053
Total 2022				112,053	112,053

Governance costs
	Unrestricted	Total	Total
	funds	funds	funds
		2023	2022
Accountancy fees	2,798	2,798	2,688
Trustees fees	6,581	6,581	5,328
Broker fees	1,874	1,874	2,107
Interest			33
Total	11,253	11,253	10,156
Total 2022	10,156	10,156

Fixed asset investments
	Listed
	securities
Market value
At 6 April 2022	1,979,282
Additions	80,622
Revaluations	(145,425)
At 5 April 2023	1,914,479

Invest	ments at market value comprise:
		2023	2022
Listed	investments	1,914,479	1,979,282

Creditors: Amounts	falling due within one year
		2023f	2022
Trade creditors		6,332
Accruals and deferred	income	6,547	7,963
		12,879	7,963

			Balance at				Gains/	Balance at
			6April 2022 f	Income f	Expenditure	f	(Losses) f	5April 2023 f
Unrestricted	funds
Designated	Funds	- all funds	2,107,077	131,781	(60,594)		(145,425)	2,032,839
Statement	offunds - prior year
			Balance at				Gain@'	Balance at 5
			6April 2021	Income	Expenditure		(Losses)	April 2022
Designated	Funds	- all funds	2,125,219	358,130	(122,209)		(254,063)	2,107,077
Summary		offunds - current year
			Balance at				Gains/	Balance at
			6April 2022f	Income f	Expenditure	f	(Losses) f	5April 2023 f
Designated	funds		2,107,077	131,781	(60,594)		(145,425)	2,032,839
Summary		offunds - prior year
			Balance at				Gainsl	Balance at 5
			6 Ap/7'I 2021f	Income	Expenditure		(Losses)	April 2022f
Designated	funds		2,125,219	358,130	(122,209)		(254,063)	2,107,077

Analysis of net assets between funds -current year
	Unrestricted	Total
	funds	funds
	2023	2023
Fixed asset investments	1,914,478	1,914,478
Current assets	131,239	131,239
Creditors due within one year	(12,878)	(12,878)
	2,032,839	2,032,839
Analysis of net assets between funds - prior year
	Unrestricted	Total
	funds	funds
	2022	2022
Fixed asset investments	1,979,282	1,979,282
Current assets	135,758	135,758
Creditors due within one year	(7,963)	(7,963)
	2,107,077	2,107,077

11.	Reconciliation of	net	movement	movement	in funds to net cash	flow from operating	activities
							2023	2022
	Net income/(expenditure)		for	the year (as per Statement		of Financial
	Activities)						71,187	(74,329)
	Adjustment for:
	Losses on investments							(310,250)
	Dividends, interest	and	rents	from	investments		(91,781)	(352,783)
	Increase/(decrease)	in	creditors				4,916	(31,461)
	Net cash used in	operating		activities			(15,678)	(768,823)
12.	Analysis ofcash	and	cash	equivalents
							2023	2022
	Cash in hand						131,239	135,758
	Total						131,239	135,758