| Contents | Page | |
|---|---|---|
| Legal and Administrative | Information | |
| Annual Report ofthe Trustees |
||
| List of Donations | ||
| Auditors report |
||
| Statement of Financial |
Activities | 12 |
| Balance Sheet | ||
| Notes to the Accounts |
| Nla'or Grants in Year |
Nla'or Grants in Year |
over E3000 | ||
|---|---|---|---|---|
| 2022 (K) | 2021 (E) | |||
| Abbeyfield Reading Society |
5,000 | 3,575 | ||
| Alexander Devine Hospice |
3,000 | |||
| Alzheimers Research |
UK | 5,000 | ||
| Age Concern Slough & |
Berks | 5,000 | 5,000 | |
| Archers Antiquiaries | 10,000 | |||
| Berkshire Vision | 5,000 | 5,000 | ||
| Blind Veterans UK |
3,000 | |||
| Boleh Trust | 3,000 | |||
| Boxford PCC | 5,000 | 4,000 | ||
| Clockwork Tower Foundation | 7,500 | 7,500 | ||
| Combat Stress | 3,000 | |||
| Corn Exchange | 4,000 | |||
| Countryside Alliance Foundation |
5,000 | |||
| Connection Communities |
Berkshire | 3,000 | ||
| Enham Trust | 5,000 | |||
| 4 Cancer Group | 3,000 | |||
| Footsteps Foundation | 5,000 | |||
| Game & Wildlife Trust | 7,500 | 7,500 | ||
| Greatwood Charity, The |
4,000 | |||
| Hearing Dogs for Deaf People |
5,000 | 4,000 | ||
| Home-Start West Berkshire | 5,000 | 5,000 | ||
| Horatio's Garden | 4,000 | |||
| Hunt Servants Fund |
4,000 | |||
| Lambourn R.D.A. |
7,500 | |||
| Magpas Air Ambulance | 5,000 | 5,000 | ||
| Marie Curie | 4,000 | |||
| Mary Hare Foundation | 10,000 | |||
| Motor Neurone Disease |
5,000 | 5,000 | ||
| Mobility Trust | 3,000 | |||
| National Eye Research |
Centre | 10,000 | ||
| National Horse Racing |
Museum | 3,000 | ||
| No.5 Young People | 5,000 | |||
| National Gamekeepers | 7,500 | |||
| PCC Farnborough | 6,000 | |||
| Priors Court | 3,400 | |||
| RABI | 5,000 | 5,000 | ||
| Racing Welfare | 3,000 | |||
| Recovery in Mind |
5,000 | 5,000 | ||
| Resume Foundation | 10,000 | |||
| Royal National Institute |
for Blind | 4,000 | ||
| Royal Star Garter | 5,000 | 5,000 | ||
| Sebastian's Action Trust |
3,000 | |||
| Send a Cow | 3,000 | |||
| SENSE | 3,000 | |||
| Sight Research UK |
10,000 | |||
| Sue Ryder Duchess of Kent | 10,000 | |||
| Thames Hospice | 6,425 | |||
| Thames Valley Air Ambulance | 10,000 | 10,000 | ||
| The Forward Trust | 5,000 | 10,000 | ||
| Ufton Court Education | Trust | 4,000 | ||
| Watermill Theatre Trust |
4,000 | 5,000 | ||
| West Berkshire Homeless | 7,500 | |||
| Wessex Childrens Hospice Trust |
4,000 | |||
| Yeldall Christian Centre |
5,000 | |||
| Young Enterprise | 3000 | |||
| 37 Donations F3000or above | 192,000 | 187,900 | ||
| 28 Donations under f3000 |
59100 | 42 000 | ||
| TOTAL GRANTS IN YEAR |
251 100 | 229 000 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| INCOME | Notes | ||||
| Investment Income |
2 | 173,977 | 186,259 | ||
| Total Income | 173,977 | 186,259 | |||
| EXPENDITURE | |||||
| Cost ofraising funds | |||||
| Investment manager's |
costs | 53,972 | 61,345 | ||
| Charitable activities |
3 -5 | 262,467 | 239,644 | ||
| Total Expenditure | 316,439 | 300,989 | |||
| Net Expenditure before Investments |
(losses)/gains | 142,462 | 114,730 | ||
| Net gains/ (losses) on | investments | 310,697, | 1,695,672 | ||
| Net Income/(Expenditure) | 168,235 | 1,580,942 | |||
| Net movement in funds |
|||||
| Reconciliation offunds |
|||||
| Total funds brought | forward | 8,848,506 | 7,267,563 | ||
| Total funds carried forward | 10 | 9,016,741 | 8,848,506 |
| HARITA | BLE EXPENDITURE | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Grants | 251,100 | 229,900 | |
| Support | costs | 11,367 | 9,744 |
| 262,467 | 239,644 |
| SUPPORT COSTS | |||
|---|---|---|---|
| Accountancy | 450 | 450 | |
| Secretarial costs and | website development | 2,488 | 2,294 |
| Trust administration | and meetings | 568 | 0 |
| Governance costs |
7,350 | 7,000 | |
| Withholding Tax |
511 | ||
| 11,367 | 9,744 |
| GOVERNANCE | GOVERNANCE | COSTS | COSTS | |||||
|---|---|---|---|---|---|---|---|---|
| Audit, inc. VAT |
7,350 | 7,000 | ||||||
| INVESTMENTS | AT | MARKET VALUE | ||||||
| Investments | on a recognised stock exchange | |||||||
| Cost at | Purchases | Disposals | Gains on | Cost at Market |
Market | |||
| Value | Value | |||||||
| 6April 2021 | In | year | In year | Disposals | 5April 2022 5 April 2022 |
5April 2021 | ||
| 6,636,321 | 1,169,293 | (1,170,729) | 164,905 | 6,799,790 8,752,844 |
8,443,440 | |||
| Holdings split |
between | UK and overseas | ||||||
| 2022 | 2021 | |||||||
| UK | 4,360,638 | 4,741,146 | ||||||
| US | 2,097,394 | 1,804,212 | ||||||
| Europe | 877,219 | 468,145 | ||||||
| Far East | 579,982 | 579,927 | ||||||
| Rest ofthe | World | 547,911 | 547,209 | |||||
| Japan | 289,700 | 302,801 | ||||||
| 8,752,844 | 8,443,440 |
| The 10large | st holding | s | as at | 5 | ' | April 2 | 022 were: | ||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| 27,740 | DB ETC | Index PLC | 287,803 | 260,201 | |||||
| 283,922 | Ninety One Fund | Managers | UK | 273,616 | 287,531 | ||||
| 20,915 | SEI Investments | Global | 272,732 | 220,110 | |||||
| 1,990 | Fulcrum | Diversified | Abs | 238,580 | 220,097 | ||||
| 71,882 | First Sentier Invrs | 223,343 | 213,697 | ||||||
| 1,900 | Lyxor Asset Management | 215,355 | 210,853 | ||||||
| 6,350 | Vanguard | Funds | 210,264 | 216,138 | |||||
| 95 | Alphabet | Inc | 204,885 | ||||||
| 13,630 | Blackrock | AM UK | Gold &General | 194,195 | |||||
| 174,915 | Sequoia | Economic | 179,113 | 181,912 | |||||
| 7,280 | BH Macro | Ltd | 242,788 | ||||||
| 190 | Veritas Asset Management | 198,100 | |||||||
| 2,299,886 | 2,251,427 | ||||||||
| Investments | were held | in the | following | sectors: | |||||
| 2022 | 2021 | ||||||||
| Fixed Interest & Index | Linked | UK | 11% | 11% | |||||
| Equities UK |
20% | 22% | |||||||
| Equities USA | 23% | 21% | |||||||
| Multi Assets | 3% | 9% | |||||||
| Equities Japan | 3% | 3% | |||||||
| Equities Europe | 6% | 5% | |||||||
| Equities Far East | 6% | 7% | |||||||
| Equities others | 6% | 6% | |||||||
| Hedge/ABS | Ret Funds | 19% | 12% | ||||||
| Cash Total Investments |
3% ~10 ' |
4'/o 100ooo |
|||||||
| 7. DEBTORS |
2022 | 2021 | |||||||
| Dividend Income |
0 | 14,300 | |||||||
| 8. CREDITORS: |
Less than | one year | |||||||
| 2022 | 2021 | ||||||||
| Accountancy fees |
450 | 450 | |||||||
| Audit | 7,350 | 7,000 | |||||||
| Secretarial | costs | 0 | 2,294 | ||||||
| Investment | managers | fees | 13,041 | 12,811 | |||||
| Grants awarded not |
paid | 0 | 97,900 | ||||||
| 20,841 | 7,861 |
| by Berners Allsopp | by Berners Allsopp | , a company | , a company | ofwhich E Leigh-Pember | ton is a Director. |
||
|---|---|---|---|---|---|---|---|
| Reimbursement | ofexpenses: | 2022 | 2021 | ||||
| f. | |||||||
| Trustee | meetings/travel | 568 | 0 | ||||
| 10. | RESERVES | ||||||
| 2022 | 2021 | ||||||
| E | |||||||
| General | fund at | the beginning | ofthe year | 8,848,506 | 7,267,863 | ||
| Net (expenditure)/income | for the year | 168,235 | 1,580,943 | ||||
| General | fund at | the end | ofthe year | 9,016,741 | 8,848,506 | ||
| 11. | NET DEBT / CASH 8 CASH EQUIVALENTS | ||||||
| 2022f | 2021 f. |
||||||
| Cash held by stockbroker | 266,895 | 364,570 | |||||
| Cash at | bank | 17,843 | 143,826 | ||||
| 284,738 | 508,396 |