Wallace Bell Charitable Trust
40 Blundell Avenue Horley Surrey RH6 8AY
Charity No. 1018777
Annual Report for Year Ending 31st December 2022
The object of the Trust is to provide assistance to the elderly, the physically and mentally disabled and children in need.
During 2022, the Trust, once again, received an unprecedented number of requests from various organisations and individuals.
Those selected to receive grants included:
Young Epilepsy, Northwich Multisports, Deafblind UK, The Kingswood Trust, Brainwave, Childrens’ Air Ambulance and St Catherine’s Hospice in West Sussex. We also continued to support various Food Banks in Reigate Surrey, Milton Keynes, Poole in Dorset, London & Crawley in West Sussex.
Overseas grants included:
Nightingale Children’s Project, Nicodemus, Forever Angels, Arms Around the Child, Zambia Orphans Aid UK and Safe Child Thailand.
Trustees:
Judith M Illman. (Chairman) Ian R. W. Bell. Drew G.D.Illman. Mark J.R.Illman. Scott A.W.Illman. Euan Houghton-Bell.
Wallace Bell Charitable Trust Funds Held @ 31st December 2022 31/1212022 31/1212021 Investments: Market Value Cost Market Value Cost M & G Charifund 304,263 273,619 322,210 273,619 Black rock (Charinco) 147,741 194,700 185,977 194,700 Black Rock (Charishare) 22,643 6,634 23,462 6,634 COIF 18,400 6,500 20,822 6,500 Murray Income Trust 36,714 22,875 39,933 22,875 Temple Bar Investment Trust Aberdeen UK Tracker Trust 47,407 29,444 45,428 29,444 47,950 36,264 51,817 36,264 £ 625,118 £ 570,046 £ 689,649 £ 570,046 Current A/C Opening Balance 34,667 35,152 Excess of Income Over/(Under) Expenditure (6,100) (485) Closing Balance 28,567 34,667 Total Funds Held £ 653,685 £ 724,316
Wallace Bell Charitable Trust Accounts for Year Ending 31.12.2022 Income 2022 2021 M & G (Charifund) 17,185.10 15,321.65 COIF 549.44 535.37 Black Rock (Charishare) 764.46 675.92 Black Rock (Charinco) 6,074.40 6,074.40 Murray Income Trust 1,924.88 1,500.77 Temple Bar Investment Trust 1,795.25 1,548.00 Aberdeen UK Tracker Trust 2,876.99 2,835.73 Bank Interest 2.67 £ 31,173.19 .51 £ 28,492.35 enditure Charitable Grants Postage, Print & Stationery Costs Accountancy 36,976.25 28,688.48 146.86 150.00 137.68 150.00 £ 28,976.93 £ 28,976.93 Excess of Income Over/ nder enditure £ (6,099.92) £ (484.58)