The Forest Hill Charitable Trust Accounts for the year ended 5th April 2023
| Forthe ear |
ended 5th |
A ril2023 | |||
|---|---|---|---|---|---|
| Total | Total | ||||
| Unrestricted | Unrestricted | ||||
| Notes | Funds | Funds | |||
| 2023 | 2022 | ||||
| E | E | ||||
| Incoming Resources | |||||
| Income from Investments | 45,032 | 38,774 | |||
| Total Incoming Resources | 45,032 | 38,774 | |||
| Resources Expended: | |||||
| Charitable Activities |
185,500 | 187,500 | |||
| Governance costs |
29,141 | 31,955 | |||
| Total Resources Expended | 214,641 | 219,455 | |||
| Net outgoing resources before | investment | ||||
| gains/(losses) | (169,609) | (180,681) | |||
| Net Gains/(Losses) on Investments |
88,269 | 129,591 | |||
| Net Gains/(Losses) on revaluation |
of Investment | Assets | |||
| 56,783 | 92,327 | ||||
| Net Movements in Funds |
(112,826) | (88,354) | |||
| Reconciliation offunds: |
|||||
| Fund balance brought forward |
3,576,984 | 3,665,338 | |||
| Fund balance carried forward | E3464 158 | E3,576,984 |
| Charitable Expenditure: |
2023 | 2022 | |||
| Grants Payable | |||||
| Social | |||||
| Time for Families | 1,000 | 1,000 | |||
| Family for Every Child | 1,000 | 1,000 | |||
| Christians Against |
Poverty | 2,000 | 2,000 | ||
| Prison Fellowship | 2,000 | 2,000 | |||
| Evangelical Housing |
Association | 1,000 | 1,000 | ||
| Hebron Trust | 1,000 | 1,000 | |||
| Emmaus School |
1,500 | 1,500 | |||
| Friends of Factory | Row | 1,000 | 500 | ||
| Whitefield Christian |
Trust | 2,000 | 2,000 | ||
| Farm Crisis Network | 2,000 | 2,000 | |||
| Caring for Life | 2,000 | 2,000 | |||
| The Royal National | Mission to Dee | p Sea Fishermen | 2,000 | 4,000 | |
| Siloam Chnstian Ministiies |
1,000 | 1,000 | |||
| CR2EE | 1,000 | 1,000 | |||
| Magdalene Group |
1,000 | 1,000 | |||
| Family Action | 1,000 | 1,000 | |||
| Open Doors Exmouth | 500 | 500 | |||
| Refugee Info Bus |
500 | 500 | |||
| Crisis at Christmas | 1,000 | 1,000 | |||
| Amber City Life | 1,000 | 1,000 | |||
| St Martin in the field |
Appeal | 1,000 | 1,000 | ||
| Hearing Dogs |
1,000 | 1,000 | |||
| Walk Ministries | 1,000 | 1,000 | |||
| Reengage | 1,000 | 500 | |||
| St Petrocs | 1,000 | 1,000 | |||
| Their Voice | 2,000 | 2,000 | |||
| 32,500 | 33,500 | ||||
| Education | |||||
| Redcliffe College | 500 | ||||
| Seeing Ear | 1.000 | 1,000 | |||
| Compass Braille |
1,000 | 1,000 | |||
| Child Hope | 1,000 | 1,000 | |||
| The Sycamore Project | 1,000 | ||||
| Mulberry Bush School |
1,000 | 1,000 | |||
| Dhaka Ahsania Mission |
1,000 | 1,000 | |||
| 5,000 | 6,500 |
| Christianity | ||||||
|---|---|---|---|---|---|---|
| The Navigators | 1,000 | 1,000 | ||||
| Crosslinks | 1,500 | 1,500 | ||||
| Interserve | 2,000 | 2,000 | ||||
| Slavic Gospel Association | 1,000 | 1,000 | ||||
| Youth for Christ | 1,000 | 1,000 | ||||
| The Soldiers' and | Airmen's | Scripture Readers Assoc. | 1,000 | 1,000 | ||
| Release International | 2,000 | 2,000 | ||||
| Marilyn Baker Trust | 500 | 500 | ||||
| Tear Fund | 1,000 | 1,000 | ||||
| LINX | 20,000 | 20,000 | ||||
| Open Doors | 2,000 | 2,000 | ||||
| Outreach UK |
'l,000 | 1,000 | ||||
| Premier Christian | Radio | 1,000 | 1,000 | |||
| Barnabas Fund |
2,000 | 2,000 | ||||
| Frontier Youth Trust | 1,000 | 1,000 | ||||
| Church Mission Society |
1,000 | 1,000 | ||||
| The Bible Society | 1,000 | 1,000 | ||||
| Plymstock Chapel |
1,000 | 1,000 | ||||
| SAT 7 | 1,000 | 1,000 | ||||
| Revival Movement | Association | 1,000 | 1,000 | |||
| Walk Through the |
Bible | 500 | 500 | |||
| Christian Vision for |
Men | 1,000 | 1,000 | |||
| Latin Link | 1,000 | 1,000 | ||||
| Umted Christian Broadcasters |
1,000 | 1,000 | ||||
| Christian Workers |
Relief Fund | 1,000 | 1,000 | |||
| UFM Worldwide | 2,000 | |||||
| Scripture Union |
2.000 | 2,000 | ||||
| The Bible Network | 1.000 | 1,000 | ||||
| Counties | 2.000 | 2,000 | ||||
| Stewardship | 2,000 | 2,000 | ||||
| USPG | 1.000 | 1,000 | ||||
| ECM | 1,000 | 1,000 | ||||
| Treasures m Heaven |
5,000 | 1,000 | ||||
| Wycliffe | 2.000 | 2,000 | ||||
| Quantock Ministries |
500 | 500 | ||||
| Menadue Management |
Trust | 1,000 | 2,000 | |||
| Sport Chaplaincy | 1.000 | 2,000 | ||||
| 66,000 | 66,000 |
| For the ear |
ended 5th A ril 2023 |
||||||
|---|---|---|---|---|---|---|---|
| 3 | Charitable Expenditure: |
2023 | 2022 | ||||
| Grants Payable | (cont) | ||||||
| Health and Respite | Care | ||||||
| Starfish | 1,000 | 1,000 | |||||
| B.I.R.D | 1,000 | 1,000 | |||||
| Keychange Charity |
2,000 | 2.000 | |||||
| Oasis | 1,500 | 1,500 | |||||
| Medical Missionary | News | 2,000 | 2,000 | ||||
| Crossroads Counselling |
1,000 | 1,000 | |||||
| BIBIG | 1,000 | 1,000 | |||||
| Free from Torture | - Medical Foundation | 2,000 | 2,000 | ||||
| Mercy Ships | 2,000 | 2,000 | |||||
| Christian Blind Mission |
1,000 | 1,000 | |||||
| Care for Veterans | 1,000 | 1,000 | |||||
| Anglo Peruvian Children's |
Charity | 1,000 | 1,000 | ||||
| Hope Now | 2,000 | ||||||
| Martha Trust | 1,000 | 1,000 | |||||
| Canine Partners | 1,000 | 1,000 | |||||
| Livability | 1,000 | 1,000 | |||||
| Royal Star and Garter Homes | 1,000 | 1,000 | |||||
| The Leprosy Mission | 1,000 | ||||||
| Mission Aviation | Fellowship | 1,500 | 1,500 | ||||
| Marie Curie Cancer | Care | 2,000 | 2,000 | ||||
| Devon in Sight |
1,000 | 1,000 | |||||
| Mental Health Association |
2,000 | 2,000 | |||||
| Respite Association | 1,000 | 1,000 | |||||
| Ambitious About Autism |
1,000 | 1,000 | |||||
| Rowcroft Hospice | 3,000 | 2,000 | |||||
| Go!Sign | 1,000 | 1,000 | |||||
| Kids Konnect | 500 | 500 | |||||
| EMMS | 2,000 | 2,000 | |||||
| Mildmay Hospital |
1,000 | 1,000 | |||||
| Dentaid | 1,000 | 1,000 | |||||
| Tenovus | 2,000 | 2,000 | |||||
| DEBRA | 2,000 | 2,000 | |||||
| I Can | 2,000 | ||||||
| Tmy Tim | 1,000 | 1,000 | |||||
| Kingsmill Trust |
500 | 500 | |||||
| David Livingstone | 2,000 | 2,000 | |||||
| Enham Trust | 1,000 | 1,000 | |||||
| MEM | 1,000 | 1,000 | |||||
| Childrens Hospice SW |
2,000 | 2,000 | |||||
| Carers Trust | 2,000 | 2,000 | |||||
| Yedall Centre | 1,000 | 1,000 | |||||
| Step One | 1,000 | 1,000 | |||||
| The Salvation Army |
1,000 | 1,000 | |||||
| Speech and Language | UK | 2,000 | |||||
| 57,000 | 57,000 |
| Forthe | ear ended |
5th A ril 2023 | ||||
|---|---|---|---|---|---|---|
| 3 | Charitable Expenditure: |
2023 | 2022 | |||
| Grants Payable (cont) | ||||||
| Foreign Relief | ||||||
| The Karen Hill Tribes Trust |
1,000 | 1,000 | ||||
| Soteria Trust | 1,000 | 1,000 | ||||
| Chernobyl Children |
in Need | 500 | ||||
| Concern Worldwide |
8,000 | 2,000 | ||||
| Ethiopaid | 1,000 | |||||
| Hand in Hand |
1,000 | 1,000 | ||||
| Hope Now (Ukraine) | 2,000 | |||||
| Chnstian Solidarity |
Worldwide | 2,500 | 2,500 | |||
| Emerge Poverty Free | 1,000 | |||||
| Womankind Worldwide |
1,000 | 1,000 | ||||
| World Villages For Children | 1,000 | 1,000 | ||||
| The Peace and Hope Trust | 1,000 | 1,000 | ||||
| Novi Most | 1,000 | 1,000 | ||||
| Change a Chapter | 1,500 | 1,500 | ||||
| Chdistian Vision for |
Men Overseas | 2,000 | 2,000 | |||
| CR2 EE (Ukraine) | 2,000 | |||||
| Project Hope | 1.000 | 1,000 | ||||
| United Mission to Nepal Hospitals | Endowment | Fund | 2,000 | 2,000 | ||
| Send a Cow | 1.000 | |||||
| 25,000 | 24,500 | |||||
| 5185,500 | 8187,500 |
| 5185,500 | 5185,500 | 8187,500 | |
|---|---|---|---|
| Although some organisations |
were given more than one grant, each ofthe grants were for the | ||
| general purposes ofthe recipient organisation. |
|||
| Number of institutional grants |
123 | 130 | |
| Governance costs: | 2023 | 2022 | |
| Investment Adviser Fees |
28,091 | 31,169 | |
| Accountancy Fees |
650 | 486 | |
| Independent Examination Fees |
400 | 300 | |
| 629,141 | 631,955 |
| Fixed Asset Investments continued: |
Fixed Asset Investments continued: |
Fixed Asset Investments continued: |
Fixed Asset Investments continued: |
Fixed Asset Investments continued: |
2023 | 2022 | |||
|---|---|---|---|---|---|---|---|---|---|
| Market | Market | ||||||||
| Cost | Value | Value | |||||||
| Polar Capital Global Technology | Fund | 139,348 | |||||||
| Brown Advisory US Mid Cap Growth |
Fund | 25,316 | 41,095 | 75,404 | |||||
| Relx NV | 34,997 | 56,398 | 52,589 | ||||||
| UK Treasury Stock 1.255$ | 151,138 | ||||||||
| Visa Inc Com Stock | 28,229 | 64,073 | 77,879 | ||||||
| Henderson UK Absolute Return |
Fund | I | 93,395 | ||||||
| Marshall Wace Liquid Alpha | UCITS Fund | 90,273 | 108,537 | 111,172 | |||||
| Sony Corporation | 40,213 | 79,376 | 86,495 | ||||||
| Sequoia Economic Infrastructure Income Schroder Asian Income Fund 2f Inc |
Fund | 78,833 87,922 |
59,286 104,078 |
74,983 111,748 |
|||||
| Fidelity Emerging Markets Focus Fund |
W | 67,558 | 83,160 | 91,608 | |||||
| Lazard Rathmore Alternative |
Fund | 60,653 | 77,334 | 113,753 | |||||
| Microsoft Corp Com | 24,909 | 61,608 | 83,237 | ||||||
| Alphabet Inc C Shares |
41,476 | 75,798 | 97,128 | ||||||
| Lyxor Tiedemann Arbitrage |
Strategy | Fund | I | 90,029 | 98,074 | 98,387 | |||
| Mondelez International Inc |
47,057 | 63,024 | 53,019 | ||||||
| CG Portgolio Dollar Fund | 149,820 | 142,507 | 155,992 | ||||||
| iShares US$ TIPS ETF | 172,655 | 169,359 | 127,865 | ||||||
| UK Treasury Stock 1.6255$ | 83,713 | ||||||||
| Liontrust Special Situations |
Fund | 94,090 | |||||||
| Worldwide Healthcare Trust |
Pic | 53,323 | 46,800 | 49,313 | |||||
| Hipgnosis Songs Fund Ltd |
38,755 | ||||||||
| TwentyFour Abs Return Credit Fund |
AQG | 6 Ini | 104,507 | ||||||
| Next Pic | 49,379 | 52,713 | 36,326 | ||||||
| Intuit Inc | 56,917 | ||||||||
| Compass Group Pic Ord 1105p Allianz All China Equity Fund W6 |
f Inc (Lux) | 44,344 | 63,569 | 51,677 42,359 |
|||||
| Schroders Energy Transition |
Fund | 6 | Inc | 92,754 | 97,704 | 93,942 | |||
| Rio Tinto Pic Ord 10p | 49,448 | 43,853 | 50,792 | ||||||
| JPMorgan Chase Com US$1.00 | 46,589 | 47,098 | 46,931 | ||||||
| Thermo Fisher Scientific inc | US$1.00 | 44,913 | 58,132 | 55,863 | |||||
| Intuitive Surgical Inc US$0.001 |
42,142 | 49,683 | 54,323 | ||||||
| Linda Pic | 45,922 | 64,135 | 55,377 | ||||||
| Sika AG | 46,501 | 46,746 | 58,504 | ||||||
| TJXCompanies Inc |
43,563 | 54,158 | 61,376 | ||||||
| iShares | 64,860 | ||||||||
| BH Absolute Return Government |
Bond | 73,035 | 75,460 | 77,373 | |||||
| KLS Arete Macro Fund | 30,121 | 26,972 | 28,526 | ||||||
| Netflix Inc USF0.001 | 29,080 | ||||||||
| Invesco Physical Gold ETC |
US$ | (Ireland) | 143,998 | 172,053 | 188,798 | ||||
| Union Pacific US$2 50 | 49,587 | 42,870 | 53,040 | ||||||
| Vinci SA | 35,074 | 41,143 | 32,801 | ||||||
| f1,930,633 | f2,266,796 | 63,304,383 |
| For | For | the ea |
r ended 5th | A ril 2023 | |||
|---|---|---|---|---|---|---|---|
| Fixed Asset Investments | continued: | 2023 | 2022 | ||||
| Market | Market | ||||||
| Cost | Value | Value | |||||
| Carried forward | 1,930,633 | 2,266,796 | 3,304,383 | ||||
| UK Treasury Stock 0.25% | 103,470 | 93,292 | |||||
| SPDR S&PUS Dividend | Antocrats | ETF USE | 84,477 | 81,668 | |||
| Nestle SA CHF1 | 49,639 | 48,931 | |||||
| ClearBridge Global Infrastructure |
Inc Fund | I | 83,655 | 76,895 | |||
| Shell Pic Ord | 65,549 | 69,819 | |||||
| UK Treasury Stock 1%31/01/2032 | 116,647 | 108,099 | |||||
| BlackRock Sterling Liquidity |
Fund | E Inc | 150,000 | 150,000 | |||
| iShares US$ Treasury 7-10yrs ETF E Hedged | 131,297 | 137,095 | |||||
| Charles Schwab Corp | 44,434 | 227,061 | |||||
| UK Treasury Stock 0875%31/07/2023 | 75,696 | 76,798 | |||||
| f2,835,497 | E3,336,454 | E3,304,383 | |||||
| All the above investments | are listed on a recognised | stock exchange | |||||
| Creditors: | |||||||
| Falling due within one year | |||||||
| Accountancy Fees |
E1 050 | E1,002 | |||||
| Funds: | |||||||
| Unrestricted Income Funds |
|||||||
| Balance brought forward |
3,576,984 | 3,665,338 | |||||
| Net Incoming Resources |
for the period | 112,826 | 88,354 | ||||
| Balance carried forward | E3,464,158 | E3,576,984 |