| CONTENTS: | PAGE: | ||||||
|---|---|---|---|---|---|---|---|
| Trustees' Report | 1-2 | ||||||
| Independent Examiner's |
Report | ||||||
| Statement ofFinancial | Activities | ||||||
| Balance Sheet | |||||||
| Notes to the Financial | Statements | 6-7 | |||||
| TRUSTEES: | Alan Philip | Sainer | |||||
| Charles Leonard | Corman (deceased 11th September 2022) | ||||||
| Suzanne Turner | |||||||
| Jeretny Grose | |||||||
| CHARITY OFFICES: | 160 Queen | Victoria Street | |||||
| London | |||||||
| EC4V 4QQ | |||||||
| CHARITY REGISTRATION NUMBER: | 1011722 | ||||||
| LEGAL ADVISERS: | Dechert LLP | ||||||
| 160 Queen | Victoria Street | ||||||
| London | |||||||
| EC4V 4QQ | |||||||
| INDEPENDENT EXAMINER: | lan W Shipley FCCA | ||||||
| For and on | behalf | of: | |||||
| Prentis &Co LLP | |||||||
| Chartered Accountants |
&Independent | Examiners | |||||
| 115cMilton Road | |||||||
| Cambridge | |||||||
| CB4 1XE | |||||||
| INVESTMENT ADVISERS AND | Rothschild | & Co | Wealth Management | UK Limited | |||
| BANKERS: | New Court | ||||||
| St Swithin's | Lane | ||||||
| London | |||||||
| EC4N 8AL |
| Note | |||
|---|---|---|---|
| 2022 | 2021 | ||
| INCOME: | |||
| Donations and grants |
3],000 | 20,000 | |
| Investinent income |
122 | ||
| TOTALINCOME | 31,000 | 20,]22 | |
| EXPENDITURE; | |||
| Charitable activities |
43,951 | 43,006 | |
| TOTAL EXPENDITURE | 43,951 | 43,006 | |
| NET EXPENDITURE BEFORE GAINS | |||
| ON INVESTMENTS | (12,951) | (22,884) | |
| Net gains on investments | 2,604 | 35,715 | |
| NET MOVEMENT IN FUNDS | (10,347) | 12,831 | |
| RECONCILIATION OF FUNDS |
|||
| TOTAL FUNDS AT 6TH APRIL 2021 | 139,508 | 126,677 | |
| TOTAL FUNDS AT 5TH APRIL 2021 | 129,161 | 139,508 |
| Notes | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| 8 | ||||||
| PIXED ASSETS | ||||||
| InVeannenta | 121,539 | 130,495 | ||||
| CURRENT ASSETS | ||||||
| Debtors | 330 | 330 | ||||
| Cash held on deposit | 8,584 | 9,975 | ||||
| TOTAL CURRENT ASSETS | 8,914 | 10,303 | ||||
| LIA131LITIES | ||||||
| Creditors; amounts |
falling due within one year |
(1,292) | (1,292) | |||
| Net Current assets | 7,622 | 9,013 | ||||
| TOTAL ASSETS | 129,161 | 139,508 | ||||
| THE FUNDS OF | THE CHARITY: | |||||
| Unrestricted income funds |
129,161 | 139,508 |
| CHARITABLE ACTIVITIES | CHARITABLE ACTIVITIES | 2022 | 2021 |
|---|---|---|---|
| f. | |||
| Scholarships | to UK students | 15,000 | 30,000 |
| Scholarships | to overseas students |
27,340 | 11,455 |
| Governance | costs (see note 3) | 1,536 | 1,476 |
| Bank charges | 75 | 75 | |
| 43,951 | 43,006 | ||
| GOVERNANCE COSTS |
2022 | 2021 | |
| Independent | Examiner's Fee |
1,536 | 1,476 |
| QUOTED INVESTMENTS | 2022 f |
2021 |
|---|---|---|
| Market value at 6th April 2021 | 130,495 | 125,027 |
| Disposals | (38,728) | (36,117) |
| Additions | 27,168 | 5,870 |
| Realised gains on disposals | 740 | 3,925 |
| Unrealised gains/(losses) |
1,864 | 31,790 |
| Market value at 5th April 2022 | 121,539 | 130,495 |
| Cost at 5th April 2022 | 86,917 | 86,911 |
| DEBTORS | 2022 | 2021 |
|---|---|---|
| f, | ||
| Other debtors | 330 | 330 |
| CREDITORS | 2022 | 2021 |
| -Due within one year | ||
| Accruals | 1,292 | ],292 |