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|---|---|---|---|
|Legal and|Administrative|Information||
|Trustees'|Report||2to3|
|Statement|ofTrustees'|Responsibilities||
|Report of|the Independent<br>Examiner to the Trustees|||
|Statement|of Financial|Activities||
|Balance Sheet||||
|Notes to the Financial Statements|||8to 1B|





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||||Note|2022|2021|
|---|---|---|---|---|---|
|||||E|f|
||||||(unrestricted)|
|INCOME||||||
|Investment<br>income||||74,340|72,605|
|Other income - insurance||claim|||1,586|
|Total income||||74,340|74,191|
|EXPENDITURE||||||
|Raising funds|||3|10,256|20,648|
|Charitable<br>activities|||4|43,500|41,690|
|Governance<br>and support costs|||5|9,860|14,174|
|Total expenditure||||63,616|76,512|
|Net income/(expenditure)<br>on investments||before gains||10,724|(2,321)|
|Net gains on investments||||256,920|56,517|
|Net income||||267,644|54,196|
|Net movement<br>in funds||||267,644|54,196|
|Reconciliation<br>offunds||||2,532,142|2,477,946|
|Total funds brought|forward|||||
|Total funds carried|forward|||2,799,786|2,532,142|
|There were no movements||on restricted|funds during the year|||





||||||2022|2021|
|---|---|---|---|---|---|---|
||||Note||6|6|
|Fixed assets|||||||
|Tangible assets|||9||80,102|80,102|
|Investment<br>properties|||11||2,295,000|2,105,000|
|Other fixed asset investments|||12||426,959|357,264|
|Total fixed assets|||||2,802,061|2,542,366|
|Current Assets|||||||
|Debtors|||13||16,311|16,311|
|Cash at bank and in|hand||||11,418|2,565|
|Total current assets|||||27,729|18,876|
|Creditors - amounts<br>one year|falling due|within|14||(30,004)|(29,100)|
|Net Current<br>(liabilities)|||||(2,275)|(10,224)|
|Total net assets|||||2,799,786|2,532,142|
|The funds ofthe charity|||||||
|Total charity funds -|unrestricted|funds|||2,799,786|2,532,142|
|Signed on behalf of|the Board ofTrustees.||||||
|Mrs Muriel Beck||||Mr|zh an|Sepahzad|
|Treasurer<br>and Trustee||||Trustee|||





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|2.<br>Investm|ent<br>Income||||||||
|---|---|---|---|---|---|---|---|---|
|||||||2022||2021|
|||||||||E|
|Rental income from investment|||properties|||64,745||61,767|
|Dividends|received from listed||investments|||7,340||8,984|
|Interest received and other||investment||income||2|255|1854|
|||||||74|340|72 605|
|Investment|income arose as follows:||||||||
|Investment|assets situated|in the United||Kingdom||72,674||70,838|
|Investment|assets situated|outside the||United|Kingdom|1|666|~1767|
|||||||74|340|~72 605|
|3. Costs of raising funds|||||||||
|||||||2022||2021|
|||||||E|||
|Property<br>repairs, maintenance|||and insurance|||10|256|20 648|
|4. Charitable<br>Activities|||||||||
|||||||2022||2021|
|||||||E||E|
|Grants paid|to individuals|||||43,000||41,690|
|Other charitable<br>expenditure|||||||500||
|||||||43|500|41690|



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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||E|f|
|Legal fees|||||980||
|Independent|examiner's|||fees|5,400|6,000|
|Travel, subsistence,|||motor and general||||
|administrative||expenses.|||3480|8~174|
||||||9860|14174|
|6. Net income|||||||
|The net income||is stated||after charging:|||
||||||2022|2021|
||||||f|E|
|Independent|examiner's|||fees|~5400|6000|





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||||2022|2021|
|---|---|---|---|---|
||||f|f|
|Travelling,|administrative|and property|||
|maintenance<br>expenses|||~3480|8 174|
|Number of|trustees to whom expenses were reimbursed||1||



||||2022|2021|
|---|---|---|---|---|
||||f|f|
|Unrealised|gains on revaluation|of|||
|listed investments<br>Unrealised<br>gains on revaluation||ofinvestment|66,922|56,517|
|properties|||~189998||
|Total gains|||~256 920|56517|





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||||Office||
|---|---|---|---|---|
||Musical||equipment||
||instruments|Motor|fixtures and||
||(Note 10)<br>f|Vehicles<br>f|fittings<br>f|Total<br>E|
|Cost or valuation|||||
|At 6 April 2021|80,100|7,650|3,897|91,647|
|At 5April 2022|80,100|7,650|3,897|91,647|
|Depreciation|||||
|At 6 April 2021||7,648|3,897|11,545|
|At 5 April 2022||7,648|3,897|11,545|
|Net book value|||||
|At 5 April 2022|80,100|||80,102|
|At 5 April 2021|80,100|||80,102|
|Historical cost|||||
|At 5 April 2022|51,979|||51,981|
|At 5 April 2021|51,979|||51,981|





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|||||||Fair value||Historical|cost|
|---|---|---|---|---|---|---|---|---|---|
||||||At 5||At 5|At 5|At 5|
||||||April||April|April|April|
||||||2022||2021|2022|2021|
|Cello|by|Charles|Adolphe|Maucotel,||||||
|made|in|1847|||80,000||80,000|51,888|51,888|
|Flute||||||100|100|91|91|
||||||80,100||80,100|51,979|51,979|



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|11.Investment<br>Properties||
|---|---|
||Freehold|
||and|
||leasehold|
||land and|
||buildings|
||f|
|Fair value||
|At 5April 2022|2295 OM|
|At 5 April 2021|2 1D5 ODO|
|Historical cost||
|At 5 April 2022|1867921|
|At 5 April 2021|1867921|





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||||Fair|value|Historical|cost|
|---|---|---|---|---|---|---|
|Name of property|||At 5|At 5|At 5|At 5|
||||April|April|April|April|
||||2022|2021|2022|2021|
|Freehold properties:|||||||
|57 Bowens Wood, Addington,<br>Croydon<br>CRO 9LQ|||410,000|380,000|240,525|240,525|
|1910sward, Court Wood <br>Croydon<br>CRO 9HF||Lane,|390,000|350,000|346,970|346,970|
|143Middlefields,<br>Croydon,||CRO 9U|390,000|350,000|357,080|357,080|
|5 Fairacres, Bardolph<br>Croydon<br>CR09JY|Avenue,||390,000|350,000|382,487|382,487|
|12 Fairacres, Bardolph<br>Croydon,<br>CR09JY|Avenue,||390,000|350,000|370,298|370,298|
|Leasehold property:|||||||
|12Holmbury<br>Grove, Addington,<br>Surrey,<br>CRO 9AN|||325,000|325,000|170,561|170,561|
||||E2,295,000|E2,105,000|E1,867,921|E1,867,921|





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|12.Fixed a|sse|t investme|nt||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||E|E|
|Market value||at 6 April|2021||357,264|313,334|
|Additions|||||2,773|2,413|
|Disposals||||||(15,000)|
|Net unrealised||investment<br>gains|||66 922|56517|
|Market value||at 5 April|2022||4~26 959|~357 264|
|Historical cost||at 5 April 2022|||296 750|293977|
|Listed investments<br>are represented||||by:|||
|Equity shares|||||95,954|73,195|
|Investment|trusts and unit trusts||||~331005|284 069|
|Total|||||426959|357 264|
||||||2022|2021|
||||||E|E|
|Fixed asset|investments||are held as follows:||||
|Investments|held within||the UK||204,785|203,678|
|Investments|held outside the UK||||~91965|~90299|
|Total|||||296750|~293 977|



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|||||2022|2021|
|---|---|---|---|---|---|
|||||E||
|Tax Credit Relief on investment|||income|1,311|1311|
|Other debtors||||15000|15000|
|||||16311|16311|
|14.Creditors: amounts||falling due within one year||||
|||||2022|2021|
|||||E|E|
|Accrued|expenses|||5,400|6,000|
|Amount|owed to trustee|Mrs M C Beck (Note 15)||24 604|~23 100|
|||||30004|29 100|





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|wh|o are related parties|ofthe Fund, being clos|e family me|mbers|oftrustees of|the Fund.|
|---|---|---|---|---|---|---|
|||Trustees|Relationshi|p|||
||Name|connected<br>with|to trustee||2022|2021|
||||||f|6|
|K|Sepahzad|M Sepahzad|Daughter|||15,690|
|J|R Hewitt|M Sepahzad|Grandson||11,000||
|A|Kirk|S Kirk|Son||||
|||M C Beck|Grandson|||2,000|
|8|Kirk Emes|S Kirk|Son||6,000|6,500|
|||M C Beck|Grandson||||
|A|Atkinson|SWhitebloom|Son||10,000||
|A|Atkinson|5Whitebloom|Son||6,000||
|F|Atkinson|5Whitebloom|Son||5,000||
||||||38,000|24,190|



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