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2022-04-05-accounts

Trustees Kenneth
Sidney Roberts (retired 17/08/2021)
Kenneth
Sidney Roberts (retired 17/08/2021)
Kenneth
Sidney Roberts (retired 17/08/2021)
David Hartles (appointed 17/08/2021)
Karen Ann Wragg
George Duncan
Principal Address
10Orange Street
Haymarket
London
WC2H 7DQ
Registered Charity No.
1022715
Solicitors
Charles Russell Speechlys LLP
5 Fleet Place
London
EC4M 7RD
Investment Advisers
Walker Cripps Investment Management Ltd
Old Change House
128Queen Victoria Street
London
EC4V 4BJ
Independent Examiner
Trevor Clarke
SRG LLP
10Bolt Court
London
EC4A 3DA
Accountants and
Administrators
Shipleys
LLP
10Orange Street
Haymarket
London
WC2H 7DQ
Bankers
Adam &Co
22 King Street
London SW1T6QY

STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5APRIL 2022
Total Total
Unrestricted Funds Unrestricted Funds
Page 2022 2021
Income and Expenditure
Income
Investment
Income
180,425.40 152,549.25
Expenditure
Costs of raising funds
Investment
management
costs 5,640.00 5,640,00
Direct charitable
expenditure
Grants and governance costs 9 255,267.52 261,495,08
Tota I Expenditure (260,907.52) (267,135.08)
Net income and Net IVlovement
before gains and losses on investments (80,482.12) (114,585.83)
Gains and Losses on Investments
Realised gains/(losses)
-investments
(40,053.23) 9,364.46
Unrealised
gains/(losses)
-investments
379,075.77 615,176.06
Net Movements
in Fund
258,540.42 509,954.69
Unrestricted
fund balance
brought forward at 6April 2021 3,851,144.69 3,341,190.00
Unrestricted
fund balance
carried forward at 6April 2022 4,109,685.11 3,851,144.69

2022 2021
Unrestricted Unrestricted
f f
5 Analysis of cash
Adam & Co current account 7,000.00 7,000.00
Adam &Co reserve deposit account 19,233.86 111,374.86
Walker Crips income deposit account 4,174.90 4,797.50
Walker Crips managed deposit account 275,828.35 8,457,81
306,237.11 131,630,17
6 Analysis of liabilities
Accountancy fees 9,022.92 20,960.40
Independent Examiner's fees 11,100.00 8,100.00
Legal fees
Rent prepaid 3,798,08 3,798.08
Grants 9,166,00
Consultancy fees 7,500.00 7,500.00
Stockbroker's
fees
1,410.00 1,410,00
32,831.00 50,934.48
7 Fixed asset investments 2022 2021
f f
Market value at 6 April 2021 3,596,449.00 2,930,541.00
Acquisitions at cost 108,243.23 193,913.94
Cost ofsales from disposals (421,489.00) (143,182.00)
Unrealised gain/(loss) in the year 379,075.77 615,176.06
Market value at 5 April 2022 3,662,279,00 3,596,449.00
Investments at market value comprised:
UK Equities 2,518,220.00 2,397,371.00
UK fixed interest 820,661.00 915,236.00
Overseas equities and fixed interest 323,398.00 283,842.00
3,662,279.00 3,596,449.00
2022 2021
Unrestricted Unrestricted
E E
8 Investment
property
380Staines Road, Bedfont Middx. Shop and upper parts let to
Boots Ltd on FRI lease. The second five year rent review was
conducted
in February 2018and a new lease agreement
signed
included
an increase ofthe rent. The freehold interest ofthe
property
was externally
valued
by Jaggard
Baker, Chartered
Surveyors,
on an open market
value basis taking into account
the existing tenancy and its condition
as at 5 April 2015at
E174,000.The trustees do not believe it is necessary to revalue
the property
this year as they
believe the current valuation is
accurate. 174,000.00 174,000.00