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|||Page|
|---|---|---|
|Trustees'
annual
report|||
|Independent
auditor's|report to the trustees of The David Wilson||
|Foundation|||
|Statement
of financial|activities||
|Balance sheet||10|
|Notes to the financial statements|||
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|Reference|and administrative|and administrative|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|||||
||||LE652AB|||||
|The trustees||||||||
||||MrJ D Wilson|||||
||||Mrs L I Wilson|||||
||||Mr R W H Wilson|||||
||||Ms SEWilson|||||
||||Mr R EC Wilson|||||
||||Mr C V McLeod|||||
||||MrJ A Gillions||||(Retired 10October 2023)|
||||Mr T G Birtwistle||||(Retired 5June 2023)|
|Auditor|||Johnson
Murkett|& Hurst||||
||||Chartered
Accountants||&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|||||
||||Leicestera hire|||||
||||LE652AB|||||
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||||Year ende|d 5 April|2023|2023||
|---|---|---|---|---|---|---|---|
||||||2023||2022|
||||||Unrestricted|||
||||||funds|Total funds|Total funds|
|||||Note|2|2|2|
|Income and endowments||||||||
|Investment
income||||4|272,101|272,101|233,227|
|Total income|||||272,101|272,101|233,227|
|Expenditure||||||||
|Expenditure
on raising funds:||||||||
|Investment
management|||costs|5|(48,654)|(48,654)|(56,708)|
|Expenditure
on charitable||activities||6,7|(271,097)|(271,097)|(143,840)|
|Total expenditure|||||(319,751)|(319,751)|(200,548)|
|Net (losses)/gains|on investments|||10|(923,807)|(923,807)|79,012|
|Net (expenditure)/income||and net movement||in funds|(971,457)|(971,457)|111,691|
|Reconciliation
of|funds|||||||
|Total funds brought|forward||||10,606,904|10,606,904|10,495,213|
|Total funds carried forward|||||9,635,447|9,635,447|10,606,904|
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|||||5|April 2023||||
|---|---|---|---|---|---|---|---|---|
||||||2023||2022||
|||||Note|||||
|Fixed assets|||||||||
|Investments||||14||8,979,276||10,005,792|
|Current assets|||||||||
|Debtors||||15|35,353||32,407||
|Cash at bank|and in hand||||933,562||805,021||
||||||968,915||837,428||
|Creditors: amounts||falling|due||||||
|within one year||||16|(312,744)||(236,316)||
|Net current assets||||||656,171||601,112|
|Total assets|less current||liabilities|||9,635,447||10,606,904|
|Net assets||||||9,635,447||10,606,904|
|Funds ofthe charity|||||||||
|Unrestricted|funds|||||9,635,447||10,606,904|
|Total charity|funds|||17||9,635,447||10,606,904|
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|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|2023|Funds|2022|
||||||2|
|Dividends|received|253,472|253,472|232,806|232,806|
|Bank interest receivable||18,629|18,629|421|421|
|||272,101|272,101|233,227|233,227|
##
|Investme|nt
management
cos|ts||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|||Funds||2023|Funds||2022|
|||||9|2|||
|Portfolio|management|48,654||48,654|56,708||56,708|
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|Expenditure
on charitable|activities by fund type||||
|---|---|---|---|---|
||Unrestricted|Total Funds|Unrestricted|Total Funds|
||Funds|2023|Funds|2022|
|Donations|261,752|261,752|128,900|128,900|
|Supportcosts|9,345|9,345|14,940|14,940|
||271,097|271,097|143,840|143,840|
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|Expenditure|on charitable
|activities
by act|ivity typ|e||||
|---|---|---|---|---|---|---|---|
|||Grant|funding|||Total funds|Total fund|
|||of|activities|Support|costs|2023|2022|
||||||||'E|
|Donations|||261,752|||261,752|128,900|
|Governance|costs||||9,345|9,345|14,940|
||||261,752||9,345|271,097|143,840|
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|8.|Analysis of support|co|st|s|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Analysis|of|||
|||||||support costs|||||
||||||||activity|1|Total 2023|Total 2022|
||||||||||2||
||Communications
and IT||||||1,369||1,369|6,784|
||Governance
costs||||||7,976||7,976|8,156|
||||||||9,345||9,345|14,940|
|9.|Analysis of grants||||||||||
||||||||||2023|2022|
||||||||||6||
||Grants to institutions||||||||||
||Marlene
Raid Centre||||||||1,000||
||Leicester Hospitals
Charity|||—Glenfield||Hospital|||20,000||
||Building Heroes|||||||||75,900|
||Ibstock Baptist Church||- Foodbank|||||||500|
||lan and Clare Mattioli Charitable||||Trust|||||1,000|
||Henry Sale Foundation|||||||||500|
||Heanor Vision CIC|||||||||500|
||Stephensons
Studio|School Trust||||||||10,000|
||Hospice Hope
1st Ibstock Scout Group|||||||||40,000
500|
||StAndrews
Clinics||||||||20,000||
||Tall Ships Youth||||||||3,000||
||The Leg Up Project
Falcon Support Services||||||||2,000
13,452||
||Melton Learning
Hub||||||||15,000||
||UK Veterans
Hearing||||||||15,000||
||The Laura Centre||||||||5,000||
||Air Ambulance||||||||15,000||
||Medicine for Ukraine|Refugees|||||||2,300||
||Oakham
Ashwell Scanner||||||||150,000||
||||||||||261,752|128,900|
||Total grants||||||||261,752|128,900|
|10.|Net (losses)/gains|on investments|||||||||
|||||||Unrestricted|Total Funds||Unrestricted|Total Funds|
|||||||Funds|2023||Funds|2022|
||||||||2||2|2|
||Realised gains/(losses)
investments||on listed|||(148,171)|(148,171)||58,745|58,745|
||Unreaiised
gains/(losses)
investments|||on listed||(775,636)|(775,636)||20,267|20,267|
|||||||(923,807)|(923,807)||79,012|79,012|
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|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|Fees|payable|for|the|audit|ofthe|financial|statements|2,520|3,264|
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|||Listed|
|---|---|---|
|||investments|
|Valuation|||
|At 6 April|2022|10,005,792|
|Additions||981,936|
|Disposals||(1,232,814)|
|Fair value|movements|(775,638)|
|At 5 April|2023|8,979,276|
|Carrying|amount||
|At 5 April|2023|8,979,276|
|At 5 April|2022|10,005,792|
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|Debtors|||
|---|---|---|
||2023|2022|
|Prepayments
and accrued income|688|473|
|Interest receivable|2,931|234|
|Dividends
receivable|31,734|31,700|
||35,353|32,407|
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||||2023|2022|
|---|---|---|---|---|
||||2||
|Accruals|and deferred|income|10,444|10,416|
|Donations|payable||302,300|225,900|
||||312,744|236,316|
##
|||At|||Gains and|At|
|---|---|---|---|---|---|---|
|||6 April 2022|Income|Expenditure|losses|5April 2023|
||||2|||2|
|General|funds|10,606,904|272,101|(319,751)|(923,807)|9,635,447|
|||At|||Gains and|At|
|||6 April 2021|Income|Expenditure|losses|5 April 2022|
|||||2|||
|General|funds|10,495,213|233,227|(200,548)|79,012|10,606,904|
##
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|Investmen|ts
and investm|e|nt
inco|me||||
|---|---|---|---|---|---|---|---|
||||||||Schroder|
||||||Barratts Developments|Vartan and|Charity|
||||||Pic59,92610pordinary|Sons|Multi Asset|
||||||shares|Portfolio|Fund|
||||||2|2|2|
|Middle Market Value at 6||April|||311,376|5,347,455|3,019,454|
|Additions||||||884,427||
|Proceeds|of Sale|||||(1,007,893)||
|Net Realised Gains/(Losses)|||on Sale|||(149,921)||
|Unrealised|Gains/(Losses)||Change|in||||
|Market Value|||||(40,570)|(423,847)|(236,256)|
|Middle Market Value at5||April|||270,806|4,650,221|2,783,198|
|Cost at 5|April||||1,008,751|4,113,808|2,621,543|
|Income|||||22,113|93,881|123,844|
||||||Illlattioli Woods Portfolio||Total|
|||||||2|2|
|Middle Market Value at 6||April||||1,327,507|10,005,792|
|Additions||||||97,509|981,936|
|Proceeds|ofSale|||||(76,750)|(1,084,643)|
|Net Realised Gains/(Losses)|||on Sale|||1,750|(148,171)|
|Unrealised|Gains Change|in Market||Value||(74,965)|(775,638)|
|Middle Market Value at 5||April||||1,275,051|8,979,276|
|Cost at 5|April|||||1,282,243|9,026,344|
|Income||||||13,634|253,472|
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