2022-04-05-accounts

		Page
Trustees' annual report
Independent auditor's	report to the members
Statement of financial	activities
Balance sheet		10
Notes to the financial statements

Reference	and adm	inistrative	details	details
Registered	charity	name	The David Wilson Foundation
Charity registration		number	1049047
Principal office			Fishers Solicitors
			Unit R, Ivanhoe Business Park
			Smisby Road
			Ashby de la Zouch
			Leicestershire
			LE65 2AB
The trustees
			Mr J D Wilson
			Mrs L I Wilson
			Mr R W H Wilson
			Ms SEWilson
			Mr R EC Wilson
			Mr C V McLeod
			MrJA Gillions			(Appointed	28September 2021)
			Mr T G Birtwistle			(Appointed	28September 2021)
Auditor			Johnson Murkett 8 Hurst
			Chartered Accountants	8 statutory		auditor
			Rawdon House
			Rawdon Terrace
			Ashby de la Zouch
			Leicestershire
			LE65 2GN
Bankers			Lloyds Bank Private Banking		Limited
			125Colmore Row
			Birmingham
			B33SD
Solicitors			Fishers
			Unit R
			Ivanhoe Business Park
			Smisby Road
			Ashby de la Zouch
			Leicestershire
			LE65 2AB

			Year ende	d 5 April	2022	2022
					2022		2021
					Unrestricted
					funds	Total funds	Total funds
				Note	2	9
Income and endowments
Investment income				4	233,227	233,227	236,980
'Total income					233,227	233,227	236,980
Expenditure
Expenditure on raising funds: Investment management costs Expenditure on charitable activities				5 6,7	(56,708) (143,840)	(56,708) (143,840)	(39,475) (113,003)
Total expenditure					(200,548)	(200,548)	(152,478)
Net gains on investments				10	79,012	79,012	2,197,609
Net income and net movement			in funds		111,691	111,691	2,282,111
Reconciliation offunds
Total funds brought forward					10,495,213	10,495,213	8,213,102
Total funds carried forward					10,606,904	10,606,904	10,495,213

			5	April 2022
				2022		2021
			Note
Fixed assets
Investments			14		10,005,792		9,825,902
Current assets
Debtors			15	32,407		44,639
Cash at bank	and in	hand		805,021		866,560
				837,428		911,199
Creditors: amounts		falling due
within one year			16	(236,316)		(241,888)
Net current assets					601,112		669,311
Total assets	less current liabilities				10,606,904		10,495,213
Net assets					10,606,904		10,495,213
Funds ofthe charity
Unrestricted	funds				10,606,904		10,495,213
Total charity	funds		17		10,606,904		10,495,213

Investment income
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2022	Funds	2021
Dividends received	232,806	232,806	236,980	236,980
Bank interest receivable	421	421
	233,227	233227	236,980	236,980

5.	Investment	management	costs
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2022	Funds	2021
	Portfolio management		56,708	56,708	39,475	39,475
6.	Expenditure	on charitable	activities by fund type

Expenditure on charitable	activities by fund type
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2022	Funds	2021
Donations	128,900	128,900	104,192	104,192
Support costs	14,940	14,940	8,811	8,811
	143,840	143,840	113,003	113,003

Expenditure	on charitable	activities by act	ivity type
		Grant	funding			Total funds	Total fund
		of	activities	Support	costs	2022	2021
Donations Governance	costs		128,900		14,940	128,900 14,940	104,192 8,811
			128,900		14,940	143,840	113,003

							Analysis		of
						support costs
							activity		1	Total 2022	Total 2021
										6	2
	Communications and IT						6,784			6,784	810
	Governance costs						8,156			8,156	8,001
							14,940			14,940	8,811
.	Analysis ofgrants
										2022	2021
										2	2
	Grants to institutions
	Leicester Hospitals Charity Leicester Hospitals Charity Building Heroes Lets Beat Covid		- Glenfield		Hospital					75,900	49,950 10,000 15,000
	Ibstock Baptist Church ELR GP Fed Limited	—Foodbank								500	500 15,582
	Feed the Needy Greenhill Community Church (Foodbank) New Life Church, Coalville Ibstock Secondary School Castle Rock School										500 2,000 500 5,080 5,080
	lan and Clare Mattioli Charitable			Trust						1,000
	Henry Sale Foundation Heanor Vision CIC									500 500
	Stephensons Studio School Trust Hospice Hope 1st Ibstock Scout Group									10,000 40,000 500
										128,900	104,192
	Total grants									128,900	104,192
10.	Net gains on investments
						Unrestricted	Total Funds			Unrestricted	Total Funds
						Funds	2022			Funds	2021
								2
	Realised gains/(losses) investments	on listed				58,745	58,745			289,095	289,095
	Unrealised gains/(losses) investments		on listed			20,267	20,267			1,908,514	1,908,514
						79,012	79,012			2„197,609	2,197,609
11.	Auditors remuneration
										2022	2021
	Fees payable for the audit		ofthe	financial		statements				3,264	2,334

			Listed
			investments
Valuation
At 6 April	2021		9,825,902
Additions			1,261,437
Disposals			(1,101,814)
Fair value	movements		20,267
At 5 April	2022		10,005,792
Carrying At 5 April	amount 2022		10,005,792
At 5 April	2021		9,825,902
All investments		shown above are held at valuation.

15.	Investments a Debtors	re value	d at the mid market price on 5 April each	year.
				2022	2021
				cc
	Prepayments and accrued income Interest receivable			473 234	506
	Dividends receivable			31,700	34,133
	Other debtors				10,000
				32,407	44,639
16.	Creditors: amounts		falling due within one year
				2022	2021
	Accruals and	deferred	income	10,416	14,728
	Donations payable			225,900	227,160
				236,316	241,888

Unrestricted	funds
				At			Gains and	At
		6 April 2021			Income 2	Expenditure	losses 2	5 April 2022 2
General funds		10,495,213			233,227	(200,548)	79,012	10,606,904
				At			Gams and	At
		6 April 2020			Income	Expenditure	losses	5 April 2021
			2					2
General funds			8,213,102		236,980	(152,478)	2,197,609	10,495,213
Investments	and investment		income
								Schroder
					Barratts Developments		Vartan and	Charity
					Pic 59,926	10p ordinary	Sons	Multi Asset
						shares	Portfolio	Fund
						2	2	p
Middle Market Additions	Value at 6	April				457,835	5,317,531 1,058,531	2,787,292 142,788
Proceeds of Sale							(1,110,577)
Net Realised Gains/(Losses)			on Sale				58,763
Unrealised Gains/(Losses) Market Value		Change		in		(146,459)	23,206	89,374
Middle Market	Value at 5	April				311,376	5,347,454	3,019,454
Cost at 5 April						1,00&,751	4,264,939	2,621,543
Income						17,618	82,764	120,000
						Mattioli Woods Portfolio		Total
							8	8
Middle Market Value at 6 Additions		April					1,263,244 60,118	9,825,902 1,261,436
Proceeds of Sale Net Realised Gains/(Losses) Unrealised Gains Change in			on Sale Market Value				(49,982) (18) 54,146	(1,160,559) 58,745 20,267
Middle Market Value at 5		April					1,327,508	10,005,791
Cost at 5 April							1,259,733	9,154,966
Income							12,424	232,806