| Trustees | David Hartles | |||
|---|---|---|---|---|
| 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 Crips 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 8 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 2023 | ||||||
| Total | Total | ||||||
| Unrestricted | Funds | Unrestricted | Funds | ||||
| Page | 2023 | 2022 | |||||
| Income and Expenditure | |||||||
| Income | |||||||
| Investment Income |
194,931.44 | 180,425.40 | |||||
| Expenditure | |||||||
| Costs of raising funds | |||||||
| Investment management |
costs | 5,640.00 | 5,640.00 | ||||
| Direct charitable expenditure |
|||||||
| Grants and governance | costs | 9 | 225,591.26 | 255,267.52 | |||
| Total Expenditure | (231,231.26) | (260,907.52) | |||||
| Net income and Net Movement | |||||||
| before gains and losses on investments | (36,299.82) | (80,482,12) | |||||
| Gains and Losses on Investments | |||||||
| Realised gains/(losses) -investments |
4,275.66 | (40,053.23) | |||||
| Unrealised gains/(losses) - investments |
10 | (308,74140) | 379,075.77 | ||||
| Net Movements in Fund |
(340,765.56) | 258,540,42 | |||||
| Unrestricted fund balance |
|||||||
| brought forward at 6April 2022 | 4,109,685.11 | 3,851,144,69 | |||||
| Unrestricted fund balance |
|||||||
| carried forward at 5 April | 2023 | 3,768,919.55 | 4,109,685.11 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | |||||
| f | f | |||||
| 2 | Investment income |
|||||
| Income from securities: | ||||||
| UK | 140,304.92 | 147,658.00 | ||||
| Overseas | 36,567.89 | 15,256.53 | ||||
| 176,872.81 | 162,914.53 | |||||
| Bank interest (Gross) | 558.63 | 10.87 | ||||
| Rentalincome (Gross) |
17,500.00 | 17,500.00 | ||||
| 194,931.44 | 180,425.40 | |||||
| 3 | Charitable Activities |
|||||
| Charitable activities include the following |
items: | |||||
| Grants | 187,602.00 | 217,523.00 | ||||
| Governance | costs | 37,989.26 | 37,744,52 | |||
| Balance of PhD grant refunded | ||||||
| 225,591.26 | 255,267.52 | |||||
| Grants | ||||||
| Undergraduate hardship |
grants to individuals | 177,602,00 | 211,023.00 | |||
| PhD student awards to |
individuals | 10,000.00 | 6,500.00 | |||
| 187,602.00 | 217,523.00 | |||||
| Governance costs |
||||||
| Accountancy and administration |
fees | 22,369.26 | 22,244.52 | |||
| Consulta ncy fees | 12,500.00 | 12,500.00 | ||||
| Independent Examiners |
Fees | 3,120.00 | 3,000.00 | |||
| Legal fees | ||||||
| Bank charges | ||||||
| 37,989.26 | 37,744.52 |
| 2023 | 2022 |
|---|---|
| Unrestricted | Unrestricted |
| f | E |
| 5 | Analysis of | cash | |||||
|---|---|---|---|---|---|---|---|
| Adam &Co | current account | 7,000.00 | 7,000.00 | ||||
| Adam LCo | reserve deposit account | 36,779.76 | 19,233.86 | ||||
| Walker Crips income deposit | account | 4,858.07 | 4,174.90 | ||||
| Walker Crips managed | deposit account | 52,934.62 | 275,828.35 | ||||
| 101,572.45 | 306,237.11 | ||||||
| 6 | Analysis of | liabilities | |||||
| Accountancy | fees | 13,112.82 | 9,022,92 | ||||
| Independent | Examiner's | fees | 9,420.00 | 11,100.00 | |||
| Legal fees | |||||||
| Rent prepaid | 3,798.08 | 3,798,08 | |||||
| Grants | |||||||
| Consultancy | fees | 7,500.00 | 7,500.00 | ||||
| Stockbroker's fees |
1,410.00 | 1,410,00 | |||||
| 35,240,90 | 32,831,00 | ||||||
| 7 | Fixed asset | investments | 2023 | 2022 | |||
| E | E | ||||||
| Market value at 6April | 2022 | 3,662,279.00 | 3,596,449.00 | ||||
| Acquisitions | at cost | 455,717.09 | 108,243.23 | ||||
| Cost ofsales from disposals | 280,666.74 | 421,489.00 | |||||
| Unrealised | gain/(loss) | in the year | 308,741,40 | 379,075,77 | |||
| Market value at 5 April | 2023 | 3,528,588.00 | 3,662,279,00 | ||||
| Investments | at market | value | comprised: | ||||
| UK Equities | 2,430,222.00 | 2,518,220.00 | |||||
| UK fixed interest | 733,112.00 | 820,661.00 | |||||
| Overseas equities | and fixed interest | 365,254.00 | 232,398.00 | ||||
| 3,528,588.00 | 3,571,279.00 |