# ## ## ## |||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| ## # ##