THE BENITA AND GERALD FOGEL CHARITABLE TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022
| Page | ||||
|---|---|---|---|---|
| Legal and | administrative | details | ||
| Report of | the trustees | 2-3 | ||
| Report of | the independent | examiner | ||
| Accounts | comprising: | |||
| Statement | offinancial | activities | ||
| Balance sheet | ||||
| Notes to the accounts | 7-11 |
| Date ofTrust | Date ofTrust | 26 3uly 1991 | |||
|---|---|---|---|---|---|
| Charity registration | number | 1004451 | |||
| Trustees | Benita Rose Fogel | ||||
| Steven Anthony | Fogel | ||||
| David Richard Fogel | |||||
| Bankers | C Hoare iver Co |
||||
| 37 Fleet Street | |||||
| London | |||||
| EC4P 4DQ | |||||
| Solicitors | Dechert | ||||
| 160Queen Victoria | Street | ||||
| London | |||||
| EC4V 4QQ | |||||
| Accountants | Menzies LLP |
||||
| Lynton House |
|||||
| 7-12Tavistock | Square | ||||
| London | |||||
| WC1H 9LT | |||||
| Independent | examiners | Menzies LLP |
|||
| Lynton House |
|||||
| 7-12Tavistock | Square | ||||
| London | |||||
| WC1H 9LT | |||||
| Investment | Managers | Aberdeen Standard |
Capital | ||
| 30 St Mary Axe | |||||
| London | |||||
| EC3A SEP |
| Unrestricted | funds | ||||
|---|---|---|---|---|---|
| Notes | 2022 | 2021 | |||
| E | E | ||||
| Income | |||||
| Investments | |||||
| Income from Investments | 46,286 | 38,069 | |||
| Interest receivable |
|||||
| Total income | 46,286 | 38,069 | |||
| Expenditure on: |
|||||
| Costs of raising funds | |||||
| Investment Management |
costs | 12,015 | 10,751 | ||
| Charitable activities |
|||||
| Grants payable |
22,022 | 22,472 | |||
| Other costs | 5,416 | 4,928 | |||
| Total expenditure | 39,453 | 38,151 | |||
| Net income and net movement | in funds before | 6,833 | (82) | ||
| gains and losses on investments | |||||
| Gain on investments (page IO) |
137,510 | 318,553 | |||
| Net movement in funds |
144,343 | 318,471 | |||
| Total Fund balances at 6 | April 2021 | 1,783,517 | 1,465,046 | ||
| Total Fund balances at | 5 April 2022 | 1,927,860 | 1,783,517 |
| AS AT 5 APRIL 202 | 2 | |||||
|---|---|---|---|---|---|---|
| Notes | 2022 | 2021 | ||||
| FIXEDASSETS | ||||||
| Investments | 1,883,567 | 1,654,619 | ||||
| CURRENT ASSETS | ||||||
| Cash at bank and brokers | 49,193 | 133,498 | ||||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 8 | (4,900) | (4,600) | ||
| NET CURRENT ASSETS | 44,293 | 128,898 | ||||
| TOTAL NET ASSETS | 1,927,860 | 1,783,517 | ||||
| Represented by: |
||||||
| UNRESTRICTED FUNDS | 1,927,860 | 1,783,517 | ||||
| 1,927,860 | 1,783,517 |
| Unrestricted | funds | |
|---|---|---|
| 2022 | 2021 | |
| E | ||
| 2 INCOME FROM EQUITIES | ||
| UK equities | 46,286 | 38,069 |
| 46,286 | 38,069 |
| 3 GRANTS PAYABLE | ||
|---|---|---|
| Grants made to institutions | of61,000 and over were as follows: | Amount |
| of grant | ||
| Recipient - UK Grants | E | |
| Chal Cancer Care | 20,000 | |
| Add: | ||
| Small grants below f1,000 |
2,022 | |
| Total Grants | 22,022 |
| Unrestricted | funds | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| E | E | ||||
| 4 OTHER COSTS | |||||
| Accountancy | fees | 3,108 | 2,680 | ||
| Independent | examiners | fees | 912 | 870 | |
| Administration | fees | 1,000 | 1,000 | ||
| Bank charges | 396 | 378 | |||
| 5,416 | 4,928 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| E | |||||
| 7 INVESTMENTS | |||||
| Market value at the beginning | of the | year | 1,654,619 | 1,346,866 | |
| Add: Additions in the year/(equalisatlon) |
99,788 | ||||
| Less: Disposal proceeds | (8,350) | (10,800) | |||
| Net gains on disposals | in the | year | 443 | 1,596 | |
| Net gains / (losses) on | revaluations | at end ofyear | 137,067 | 316,957 | |
| Market value at end of | year | Ii883i567 | li654i619 | ||
| Historic cost | 1524 299 | 1430 066 |
| HELD WITHIN THE UNITED KINGDOM | ||
|---|---|---|
| UK Equities | 74,906 | 77,979 |
| Overseas (jersey) | 1,808,661 | 1,576,640 |
| 1,883,567 | 1,654,619 |
| 8CREDITORS: AMOUNTS FALLING DUE WITHIN |
8CREDITORS: AMOUNTS FALLING DUE WITHIN |
8CREDITORS: AMOUNTS FALLING DUE WITHIN |
8CREDITORS: AMOUNTS FALLING DUE WITHIN |
ONE YEAR | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Accountancy and independent examiner's |
fees | 3,900 | 3,600 | |||
| Administration fee |
1,000 | 1,000 | ||||
| 4,900 | 4,600 | |||||
| 9 RECONCILIATION | OF MOVEMENTS | IN UNREALISED GAINS | 2022 | 2021 | ||
| E | E | |||||
| Unrealised gains I (losses) at beginning |
ofyear | 224,552 | (91,284) | |||
| Less: Unrealised losses |
in respect of disposals | in year | (2,351) | (1,121) | ||
| Add: Net gains arising | on revaluation at |
end of | year | 137,067 | 316,957 | |
| Vnrealised gains at end |
of year | 359,268 | 224,552 |