| Page | |||
|---|---|---|---|
| Trustees' Annual Report |
1-7 | ||
| Report ofthe Independent | Examiner | ||
| Statement of Financial | Activities | ||
| Balance Sheet | 10 | ||
| Notes to the Financial | Statements | 11 - 18 |
| Unrestricted | Funds | Total | Funds | |||||
|---|---|---|---|---|---|---|---|---|
| Page | Income | Capital | 2023 | 2022 | ||||
| Fund | Fund | E | F | |||||
| Income from: | ||||||||
| Investments (note 2) |
13 | 173,357 | 173,357 | 140,452 | ||||
| Total income | 173,357 | 173,357 | 140,452 | |||||
| Expenditure on: |
||||||||
| Charitable activities |
(note 3) | 15 | 600,208 | 600,208 | 819,028 | |||
| Total expenditure | 600,208 | 600,208 | 819,028 | |||||
| Net (losses)/gains | on investments | |||||||
| (note 4) | 15 | (884,480) | (884,480) | 542,435 | ||||
| Net expenditure | (426,851) | (426,851) | (136,141) | |||||
| Transfers between |
funds | 426,851 | (426,851) | |||||
| Net movement in |
funds | (1,311,331) | (1,311,331) | (136,141) | ||||
| Reconciliation of |
funds: | |||||||
| Total funds brought | forward | |||||||
| at 6 April 2022 | 10,905,401 | 10,905,401 | 11,041,542 | |||||
| Total funds carried | forward | |||||||
| at 5April 2023 | 10 | E | E | 9,594,070 | E9,594,070 | f10,905,401 |
| Page | 2023 | 2022 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3. | CHARITABLE ACTIVITIES | E | 8 | ||||||||
| Grants - the following grants |
were | paid during the year: | |||||||||
| WWF (UK) | 60,000 | 60,000 | |||||||||
| National Theatre |
50,000 | 50,000 | |||||||||
| NSPCC | 42,000 | 42,000 | |||||||||
| Almeida Theatre | 35,000 | 35,000 | |||||||||
| Shelter | 35,000 | 35,000 | |||||||||
| Countryside Learning |
30,000 | 30,000 | |||||||||
| Marie Cude | 30,000 | 10,000 | |||||||||
| Age UK | 25,000 | 25,000 | |||||||||
| Maggie's | 25,000 | 25,000 | |||||||||
| Shooting Star Children's | Hospices | 25,000 | 25,000 | ||||||||
| St Mungo's | 25,000 | 25,000 | |||||||||
| Queen Elizabeth Foundation |
for Disabled People | 25,000 | 25,000 | ||||||||
| Campaign Against Living |
Miserably | (CALM) | 20,000 | 20,000 | |||||||
| Disability Challengers |
20,000 | 20,000 | |||||||||
| Disasters Emergency Committee |
(Ukraine) | 20,000 | 28,000 | ||||||||
| Macmillan Cancer Support |
20,000 | 20,000 | |||||||||
| Outward Bound Trust |
20,000 | 20,000 | |||||||||
| Royal Botanical Gardens, | Kew | 20,000 | 20,000 | ||||||||
| Scope | 20,000 | 20,000 | |||||||||
| The Duke of Edinburgh | Award | 20,000 | 20,000 | ||||||||
| The Woodland Trust |
20,000 | ||||||||||
| Surrey Care Trust | 18,000 | 15,000 | |||||||||
| Pimlico Opera | 15,000 | 15,000 | |||||||||
| Rainbow Trust Children's | Charity | 15,000 | 15,000 | ||||||||
| StGiles Trust | 15,000 | 15,000 | |||||||||
| Princess Alice Hospice | 12,000 | 10,000 | |||||||||
| Cherry Trees | 10,000 | 5,000 | |||||||||
| CrimeStoppers | 10,000 | 10,000 | |||||||||
| Horsley, Bookham & Leatherhead |
Riding for the Disabled | 10,000 | 10,000 | ||||||||
| South East Cancer Help | Centre | 10,000 | 10,000 | ||||||||
| Cardiac Risk in the Young | (CRY) | 7,500 | |||||||||
| SeeAbility | 20,000 | ||||||||||
| LEPRA | 10,000 | ||||||||||
| Multiple System Atrophy | Trust (MSA Trust) | 10,000 | |||||||||
| Total grants paid during |
the | year | 709,500 | 700,000 | |||||||
| Provision for commitments |
brought | forward | (note 8) | 17 | (755,690) | (657,182) | |||||
| Provision for commitments |
carried | forward | (note 8) | 17 | 623,690 | 755,690 | |||||
| Total grants (carried forward) |
577,500 | 798,508 |
| Page | 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| E | F | ||||||||
| Total grants (brought forward) | 577,500 | 798,508 | |||||||
| Support costs | |||||||||
| Accountancy and administration |
fees | 20,820 | 18,642 | ||||||
| Independent examiner's fees |
1,800 | 1,800 | |||||||
| Legal entity identifier (LEI)fee | 78 | 78 | |||||||
| Trustee expenses | 10 | ||||||||
| Total support costs | 22,708 | 20,520 | |||||||
| Total charitable activities |
9 | E | 600,208 | F | 819,028 | ||||
| There are no employees other than the |
trustees, | all of | whom are | unpaid. | |||||
| FIXEDASSET INVESTMENTS | |||||||||
| at Market Value; | |||||||||
| Quoted investments within the United |
Kingdom | 9,251,603 | 10,828,083 | ||||||
| Quoted investments outside the |
United | Kingdom | 677,539 | 758,136 | |||||
| Total investments under management |
10 | F | 9,929,142 | 8 11,586,219 | |||||
| Net realised investment (losses)/gains |
(66,023) | 14,090 | |||||||
| Net unrealised investment (losses)/gains |
(818,457) | 528,345 | |||||||
| Net (loss)/gain on investments |
(884,480) | 5 542,435 | |||||||
| Market value at 6April 2022 | 11,586,219 | 11,374,287 | |||||||
| Disposals at carrying value |
(772,597) | (330,503) | |||||||
| Net investment (losses)/gains |
(884,480) | 542,435 | |||||||
| Market Value at 5April 2023 | 10 | 8 | 9,929,142 | f11,586,219 | |||||
| Historical Cost at 5 April 2023 | F | 8,084,918 | f | 8,591,841 | |||||
| Value of investment holdings |
|||||||||
| HavenRock Fund |
9,251,603 | 10,824,602 | |||||||
| Schroder Private Equity Fund of |
Funds | IV | 672,550 | 739,241 | |||||
| Schroder Real Estate Fund - Continental | Europe | Fund | 1 | 4,989 | 18,895 |
| 5. | CASH AT BANK | Page | 2023 E |
2022 E |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Coutts &Co (Rawlinson | & | Hunter LLP clients monies) | 303,474 | 89,767 | |||||||
| Total cash at bank | 10 | B 303,474 | 2 | 89,767 | |||||||
| 6. | CREDITORS - amounts | falling due within one year | |||||||||
| Grants payable (note 8) | 16 | 452,000 | 487,000 | ||||||||
| Accountancy fees | 13,056 | 13,095 | |||||||||
| Independent examiner's |
fees | 1,800 | 1,800 | ||||||||
| 10 | L466,856 | 6 | 501,895 | ||||||||
| 7. | CREDITORS - amounts | falling due after more than one year | |||||||||
| Grants payable (note 8) |
17 | F 171,690 | F | 268,690 | |||||||
| GRANTS PAYABLE | |||||||||||
| At 5 April 2023, the following | grants | were committed | to be | paid in subsequent years |
|||||||
| Payable within one year | |||||||||||
| National Theatre |
50,000 | ||||||||||
| NSPCC | 42,000 | 42,000 | |||||||||
| Almeida Theatre Company | Limited | 35,000 | 35,000 | ||||||||
| Age UK | 25,000 | 25,000 | |||||||||
| Shooting Star Children's | Hospices | 25,000 | 25,000 | ||||||||
| St Mungo's | 25,000 | 25,000 | |||||||||
| Maggie's | 25,000 | ||||||||||
| Campaign Against Living |
Miserably | (CALM) | 20,000 | ||||||||
| Disability Challengers | 20,000 | 20,000 | |||||||||
| Macmillan Cancer Support |
20,000 | 20,000 | |||||||||
| Outward Bound Trust |
20,000 | 20,000 | |||||||||
| Royal Botanical Gardens, | Kew | 20,000 | 20,000 | ||||||||
| The Duke of Edinburgh | Award | 20,000 | 20,000 | ||||||||
| Surrey Care Trust | 18,000 | ||||||||||
| Pimlico Opera | 15,000 | 15,000 | |||||||||
| Rainbow Trust Children's | Charity | 15,000 | |||||||||
| St Giles Trust | 15,000 | ||||||||||
| Princess Alice Hospice | 12,000 | ||||||||||
| Cherry Trees | 10,000 | ||||||||||
| CrimeStoppers | 10,000 | ||||||||||
| Horsley, Bookham & Leatherhead |
Riding for the Disabled | 10,000 | 10,000 | ||||||||
| WWF (UK) | 60,000 | ||||||||||
| Shelter | 35,000 | ||||||||||
| Countryside Learning |
30,000 | ||||||||||
| 452,000 | 402,000 |
| Page | 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| GRANTS PAYABLE | (continued) | E | E | ||||||
| Payable within one | year | (continued) | |||||||
| Total grants (from previous |
page) | 452,000 | 402,000 | ||||||
| Marie Curie | 30,000 | ||||||||
| Queen Elizabeth Foundation |
for Disabled | 25,000 | |||||||
| Scope | 20,000 | ||||||||
| South East Cancer Help | Centre | 10,000 | |||||||
| Total grants payable | within | one year | (note 6) | 16 | 452,000 | 487,000 | |||
| Payable after more than | one year | ||||||||
| National Theatre |
50,000 | ||||||||
| Maggie's | 25,000 | ||||||||
| Campaign Against Living |
Miserably | (CALM) | 20,000 | ||||||
| Surrey Care Trust | 20,000 | ||||||||
| Rainbow Trust | 15,000 | ||||||||
| StGiles Trust | 15,000 | ||||||||
| Princess Alice Hospice | 12,000 | ||||||||
| Cherry Trees | 10,000 | ||||||||
| CrirneStoppers | 10,000 | ||||||||
| NSPCC | 42,000 | ||||||||
| Almeida Theatre Company | Limited | 35,000 | |||||||
| Age UK | 25,000 | ||||||||
| Shooting Star Children's | Hospices | 25,000 | |||||||
| St Mungo's | 25,000 | ||||||||
| Disability Challengers | 20,000 | ||||||||
| Macmillan Cancer Support |
20,000 | ||||||||
| Outward Bound Trust |
20,000 | ||||||||
| Royal Botanical Gardens, | Kew | 20,000 | |||||||
| The Duke of Edinburgh | Award | 20,000 | |||||||
| Pirnlico Opera | 15,000 | ||||||||
| Horsley, Bookham 8 |
Leatherhead Riding for the Disabled |
10,000 | |||||||
| Finance income arising | on | discount | of long term grant commitments | (5,310) | (8,310) | ||||
| Total grants payable | in | more than one year (note 7) | 16 | 171,690 | 268,690 | ||||
| Total grants payable | at | 5 | April 2023 | 14 | F 623,690 | 5 755,690 |