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2023-09-30-accounts
|
Pages |
| Officers and professional advisers |
1 |
| Trustees’annual report |
2 -
6 |
| Independent examiner’s report |
7-8 |
| Statement of financial activities |
9 |
| Balance sheet |
10 |
| Notes to the financial statements |
11-17 |
| Trustees |
J D Randall |
|
N A Fulton |
|
R E Driver |
| Chairman |
N A Fulton |
| Secretary |
J D Randall |
| Registered Office |
Foden Bank |
|
Ibstone |
|
High Wycombe |
|
HP14 3XZ |
| Registered Number |
Charity 1019274 |
| Accountants |
Scrutton Bland Limited |
|
820 The Crescent |
|
Colchester Business Park |
|
Colchester |
|
C049YQ |
| Bankers |
Coutts & Co |
|
440 Strand |
|
London |
|
WC2ROQS |
| Investment Advisers |
Charles Stanley & Co Limited |
|
25 Luke Street |
|
London |
|
EC2A4AR |
|
|
Unrestricted |
Endowment |
Total |
Total |
|
Notes |
Funds |
Funds |
Funds |
Funds |
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
£ |
£ |
| Income |
|
|
|
|
|
| Investment income |
5 |
243,734 |
|
243,734 |
150,362 |
| Total income |
|
243,734 |
- |
243,734 |
150,362 |
| Expenditure |
|
|
|
|
|
| Charitable activities: |
|
|
|
|
|
| Grants payable in the |
|
|
|
|
|
| furtherance ofthe |
|
|
|
|
|
| charity’s objects |
6 |
111,250 |
|
111,250 |
191,950 |
| Management and administration |
|
54,965 |
- |
54,965 |
58,649 |
| Total expenditure |
|
166,215 |
- |
166,215 |
250,599 |
| (Losses) on disposals of |
|
|
|
|
|
| quoted investment assets |
|
- |
(63,388) |
(63,388) |
(324,760) |
| Gains/(losses) on revaluation of |
|
|
|
|
|
| quoted investment assets |
|
- |
478,049 |
478,049 |
(925,944) |
| Net income/(expenditure) and |
|
|
|
|
|
| movement on funds |
|
77,519 |
414,661 |
492,180 |
(1,350,941) |
| Total funds brought forward |
|
|
|
|
|
| at 1 October 2022 |
|
(91,343) |
9,585,841 |
9,494,498 |
10,845,439 |
| Total funds carried forward |
|
|
|
|
|
| at 30 September 2023 |
|
(13,824) |
10,000,502 |
9,986,678 |
9,494,498 |
|
Notes |
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
| Fixed assets |
|
|
|
| Investments |
8 |
9,526,807 |
8,819,823 |
|
|
9,526,807 |
8,819,823 |
| Current assets |
|
|
|
| Cash at bank and in hand |
|
285,920 |
500,724 |
| Debtors |
9 |
176,951 |
1,176,951 |
|
|
462,871 |
1,677,675 |
| Creditors: amounts falling due |
|
|
|
| within one year |
10 |
(3,000) |
(1,003,000) |
| Net current assets |
|
459,871 |
674,675 |
| Net assets |
|
9,986,678 |
9,494,498 |
| Funds |
|
|
|
| Capital funds |
|
|
|
| Endowments |
11 |
10,000,502 |
9,585,841 |
| Unrestricted funds : |
|
|
|
| General charitable funds |
12 |
(13,824) |
(91,343) |
|
|
9,986,678 |
9,494,498 |
|
2023 |
2022 |
|
£ |
£ |
| Independent Examiner’s remuneration |
5,460 |
4,500 |
| NVESTMENT INCOME |
|
|
|
|
General |
Endowment |
Total |
|
Fund |
Fund |
Funds |
|
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
| Income receivable from investment |
|
|
|
| assets |
243,734 |
- |
243,734 |
|
243,734 |
- |
243,734 |
|
General |
Endowment |
Total |
|
Fund |
Fund |
Funds |
|
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
| Income receivable from investment |
|
|
|
| assets |
150,362 |
- |
150,362 |
|
150,362 |
- |
150,362 |
|
2023 |
2022 |
|
£ |
£ |
| BEFA |
10,000 |
10,000 |
| Brainwave |
- |
15,000 |
| Caroline Henderson |
400 |
400 |
| Henderson |
- |
400 |
| Home Link |
- |
15,000 |
| Jessie May Trust |
25,000 |
25,000 |
| Kirstie Henderson |
850 |
750 |
| Macmillan |
50,000 |
50,000 |
| Maggie’s |
15,000 |
15,000 |
| SASBAH |
- |
400 |
| Snow Flake |
- |
15,000 |
| Starlight |
- |
15,000 |
| Sunshine Wishes |
- |
15,000 |
| Swings and Smiles |
10,000 |
15,000 |
|
111,250 |
191,950 |
|
2023 |
2022 |
|
£ |
£ |
| Unquoted investments |
|
|
| Book value at 1 October 2022 |
250,000 |
250,000 |
| Disposals |
- |
- |
| Book value at 30 September 2023 |
250,000 |
250,000 |
|
2023 |
2022 |
|
£ |
£ |
| Quoted investments |
|
|
| Marketvalue at 1 October 2022 |
8,569,823 |
2,264,986 |
| Additions |
2,173,781 |
10,464,389 |
| Disposals |
(1,881,458) |
(2,908,848) |
| Net gains/(losses) on revaluations in the year |
414,661 |
(1,250,704) |
| Market value at 30 September 2023 |
9,276,807 |
8,569,823 |
|
2023 |
2022 |
|
£ |
£ |
| Total investments |
|
|
| At 30 September 2023 |
9,526,807 |
8,819,823 |
|
Interest in |
|
|
**ordinary share ** |
Country of |
| Subsidiary undertakings |
capital |
incorporation Principal activity |
| Walpole Group Limited |
100% |
England & Wales Holding company |
| Company number: 02452734 |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Amount owed from group undertakings |
176,951 |
1,176,951 |
|
176,951 |
1,176,951 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Accruals and deferred income |
3,000 |
3,000 |
| Amounts owed to group undertakings |
- |
1,000,000 |
|
3,000 |
1,003,000 |
|
2023 |
2022 |
|
£ |
£ |
| At 1 October |
**9,585,841 ** |
10,836,545 |
| Net movement in funds for the year |
414,661 |
(1,250,704) |
| At 30 September |
**10,000,502 ** |
9,585,841 |
| GENERAL FUND |
|
|
|
2023 |
2022 |
|
£ |
£ |
| At 1 October |
(91,343) |
8,894 |
| Net movement in funds forthe year |
77,519 |
(100,237) |
| At 30 September |
(13,824) |
(91,343) |
|
Endowment |
General |
Total |
|
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
| Investments |
9,526,807 |
. |
9,526,807 |
| Current assets |
476,695 |
(13,824) |
462,871 |
| Current liabilities |
(3,000) |
- |
(3,000) |
|
10,000,502 |
(13,824) |
9,986,678 |
|
Endowment |
General |
Total |
|
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
| Investments |
8,819,823 |
_ |
8,819,823 |
| Current assets |
1,769,018 |
(91,343) |
1,677,675 |
| Current liabilities |
(1,003,000) |
- |
(1,003,000) |
|
9,585,841 |
(91,343) |
9,494,498 |