| The Sternians Trust Fund |
The Sternians Trust Fund |
|
|---|---|---|
| Annual Report and Accounts forthe year ended 31 December 2022 | ||
| Contents | Pages | |
| Contents | ||
| Legal and Administrative | ||
| Report ofthe Trustees | ||
| Independent Examiner's |
Report | |
| Annual Accounts | ||
| Statement ofFinancial | Activities | |
| Balance Sheet | ||
| Notes to the Accounts | 10-13 |
| Registered | charity number | 1052004 | |
|---|---|---|---|
| Registered | address | Lord Wandsworth | College |
| Long Sutton | |||
| Hook | |||
| Hampshire | |||
| RG25 1TB | |||
| Trustees | Paul Richings (Chairman) | ||
| James Brewin (Hon. Secretary) | |||
| Ben Forman (Treasurer) | |||
| Richard Janaway | |||
| Shelley Lawson | |||
| Richard Saunders | |||
| Independent | Examiner | Chris Be(lairs | |
| Bankers | Lloyds Bank | ||
| 174Fleet Road | |||
| Fleet | |||
| Hampshire | |||
| GU51 4DD |
| Notes | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| F. | E | |||||
| Income from donations | and legacies | 29,938 | 4,992 | |||
| Income from investments | 36,594 | 34,146 | ||||
| Total income | 66,532 | 39,138 | ||||
| Expenditure on charitable |
activities | 6 | 24,000 | 29,00'I | ||
| Other expenditure | 7 | 195 | 56 | |||
| Total expenditure | 24,195 | 29,057 | ||||
| Net income | 42,337 | 10,081 | ||||
| Unrealised (losses)/gains |
on investment | assets | (96,870) | 95,740 | ||
| Net movement in funds |
(54,533) | 105,821 | ||||
| Fund balance bought forward at 1 January | 1,058,787 | 952,966 | ||||
| Fund balance carried forward 31 December | 1,004,254 | 1,058,787 |
| . Incom | e from donations and legacies |
||
|---|---|---|---|
| 2022 | 2021 | ||
| E | |||
| Individual | donations | 4,010 | 4,046 |
| Legacies | 25,000 | ||
| Tax recoverable | 928 | 946 | |
| 29,938 | 4,992 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 8 | E | ||||
| Received | from | narrower | range investments | 4,120 | 4,396 |
| Received | from | wider range investments | 32,474 | 29,750 | |
| 36,594 | 34,146 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Grants | fortermly | fees | 24,000 | 29,001 |
| . Other | expenditure | ||
|---|---|---|---|
| 2022 | 2021 | ||
| E | E | ||
| Trustees' | expenses | 195 | 56 |
| 195 | 56 |
| 31December | 2022 | 31Decemb | er 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Holding | Cost | Market | Holding | Cost | Market | ||||
| value | value | ||||||||
| BLKCharities | UK | Bond | 34,895 | 62.529 | 50,947 | 34,895 | 62,529 | 64,102 | |
| MSG Charibond | 92,089 | 117,947 | 99,742 | 92,089 | 117,947 | 111,584 | |||
| Narrower Range | 180,476 | 150,689 | 180,476 | 175,686 | |||||
| BLKCharities | UK | Equity | 18,674 | 72,162 | 128,852 | 18,674 | 72,162 | 133,595 | |
| MSG Charifund | 21,815 | 207,807 | 320,582 | 21,815 | 207,807 | 339,491 | |||
| COIFinvestment | fund | 18,452 | 234,897 | 335,362 | 18,452 | 234,897 | 383,583 | ||
| Wider Range | 514,866 | 784,796 | 514,866 | 856,669 | |||||
| Total Investments | 695,342 | 935,485 | 695,342 | 1,032,355 | |||||
| Movement in market |
value | ||||||||
| 2022 | 2021 | ||||||||
| E | E | ||||||||
| Market value | at 1 January | 1,032,355 | 936,615 | ||||||
| Unrealised (losses)/gains |
on revaluation | (96,870) | 95,740 | ||||||
| Market value | at31 December | 935,485 | 1,032,355 | ||||||
| Historic costat31December | 695,342 | 695,342 | |||||||
| 9. Summary | ofnet | assets | |||||||
| 2022 | 2021 | ||||||||
| E | |||||||||
| investments | 935,485 | 1,032,355 | |||||||
| Net current | assets | 68,769 | 26,432 | ||||||
| Net assets | 1,004,254 | 1,058,787 |