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2022-08-31-accounts
|
Page |
| Charity information |
1 |
| Trustees'report |
2-3 |
| Independent Examiner's Report |
4-5 |
| Statement of Financial Activities |
6 |
| Balance Sheet |
7 |
| Notes to the financial statements |
8-11 |
| Trustees |
Dr Roger Chapman |
|
Mr Andrew Millet |
|
Mrs Nicola Marlow |
|
Mr Antony Spencer |
| Charity Number |
1019611 |
| Principal office |
Quay House |
|
Quay Road |
|
Newton Abbot |
|
Devon |
|
TQ12 2BU |
| Accountants |
Darnells Chartered Accountants |
|
Quay House |
|
Quay Road |
|
Newton Abbot |
|
Devon |
|
TQ12 2BU |
| Bankers |
National Westminster plc |
|
55 The Broadway |
|
Mill Hill |
|
London |
|
NW7 3WF |
|
|
2022 |
2022 |
2022 |
2021 |
|
|
Endowment |
Unrestricted |
|
|
|
Note |
Funds |
Funds |
Total |
Total |
|
|
£ |
£ |
£ |
£ |
| Incoming Resources |
|
|
|
|
|
| Investment income |
3 |
39,668 |
- |
39,668 |
22,628 |
| Total Incoming Resources |
|
39,668 |
- |
39,668 |
22,628 |
| Resources Expended |
|
|
|
|
|
| Direct charitable expenses: |
|
|
|
|
|
| Awards of scholarships to Mill Hill |
|
|
|
|
|
| School |
4 |
- |
- |
- |
- |
| Management and administration: |
|
- |
- |
- |
- |
| Independent examiners fees |
|
- |
1,180 |
1,180 |
1,628 |
| Bank charges |
|
- |
- |
- |
- |
| Total Resources Expended |
|
- |
1,180 |
1,180 |
1,628 |
| Net (Expended)/Incoming Resources |
|
39,668 |
(1,180) |
38,488 |
21,000 |
| Transfer to unrestricted funds |
7 |
(39,668) |
39,668 |
- |
- |
| Cost of Generating Funds: |
|
|
|
|
|
| Unrealised increase/(decrease) in |
|
|
|
|
|
| investment assets value |
|
28,381 |
- |
28,381 |
78,979 |
| Net Movement in Funds |
|
28,381 |
38,488 |
66,869 |
99,979 |
| Funds brought forward at 6 April 2021 |
|
700,285 |
124,915 |
825,200 |
725,221 |
| Funds carried forward at 5 April 2022 |
|
728,666 |
163,403 |
892,069 |
825,200 |
|
|
2022 |
2022 |
2022 |
2021 |
|
|
Endowment |
Unrestricted |
Total |
Total |
|
Note |
£ |
£ |
£ |
£ |
| Fixed assets: |
|
|
|
|
|
| Investments |
2 |
728,666 |
- |
728,666 |
700,285 |
| Current assets: |
|
|
|
|
|
| Short term deposits |
|
- |
16,660 |
16,660 |
16,659 |
| Bank current account |
|
- |
148,524 |
148,524 |
112,001 |
|
|
- |
165,184 |
165,184 |
128,661 |
| Liabilities due within one year |
6 |
- |
(1,781) |
(1,781) |
(3,746) |
| Net current assets |
|
- |
163,403 |
163,403 |
124,915 |
| Net assets |
|
728,666 |
163,403 |
892,069 |
825,200 |
| Expendable Endowment Funds: |
|
|
|
|
|
| Capital account-Original Gift |
|
13,800 |
- |
13,800 |
13,800 |
| Capital account-Realised Gains |
|
322,165 |
- |
322,165 |
322,165 |
| Capital account-Unrealised Gains |
|
392,701 |
- |
392,701 |
364,320 |
|
|
728,666 |
- |
728,666 |
700,285 |
| Unrestricted Funds: |
|
|
|
|
|
| Income account |
|
- |
163,403 |
163,403 |
124,915 |
|
|
728,666 |
163,403 |
892,069 |
825,200 |
|
|
|
2022 |
2021 |
| Holding |
|
Cost |
Market |
Market |
|
|
|
Value |
Value |
|
|
£ |
£ |
£ |
| 8,910.79 |
M & G Charifund |
66,645 |
130,646 |
131,203 |
| 29,398.17 |
Blackrock Charishare |
75,367 |
198,438 |
196,674 |
| 11,020.71 |
COIF Charity Funds |
126,755 |
215,839 |
197,561 |
| 44,706.39 |
Schroders Equity Fund |
94,325 |
183,743 |
174,847 |
|
|
363,092 |
728,666 |
700,285 |
|
2022 |
2021 |
|
Holding |
Holding |
| M & G Charifund |
8,910.79 |
8,910.79 |
| Blackrock Charishare |
29,398.17 |
29,398.17 |
| COIF Charity Funds |
11,020.71 |
11,020.71 |
| Schroders Equity Fund |
44,706.39 |
44,706.39 |
| vestment income |
|
|
|
2022 |
2021 |
|
£ |
£ |
| M & G Charifund |
10,559 |
5,747 |
| Blackrock Charishare |
9,514 |
4,222 |
| COIF Charity Funds |
8,866 |
7,240 |
| Schroders Charity Equity Fund |
10,672 |
5,399 |
| Deposit interest |
57 |
20 |
|
39,668 |
22,628 |
|
2022 |
2021 |
|
£ |
£ |
| Mil Hill School |
1,181 |
1,792 |
| Darnells Chartered Accountants |
600 |
1,954 |
|
1,781 |
3,746 |