| CONTENTS | ||
|---|---|---|
| Pages | ||
| Trustees and professional advisors |
||
| Trustees' report |
2-4 | |
| Independent Auditor's |
report | 5-8 |
| Statement offinancial | activities | |
| Balance sheet | 10 | |
| Notes to the financial | statements | 11- 19 |
| Registered | Charity | Number | 1053321 | |||
|---|---|---|---|---|---|---|
| Trustees | The Honourable | C R Boscawen | ||||
| J C Pickering | ||||||
| L M Long | ||||||
| Registered | Office | Providence House |
||||
| 141-145Princes | Street | |||||
| Ipswich | ||||||
| Suffolk | ||||||
| IP1 1QJ | ||||||
| Investment | Advisor | Cazenove Capital Management |
||||
| 12Moorgate | ||||||
| London | ||||||
| EC2R 6DA | ||||||
| Bank | Barclays Bank | |||||
| 1 Princes Street | ||||||
| Ipswich | ||||||
| Suffolk | ||||||
| IP1 1PB | ||||||
| Auditor | Scrutton Bland LLP |
|||||
| Chartered Accountants |
and Statutory | Auditor | ||||
| Fitzroy House | ||||||
| Crown Street | ||||||
| Ipswich | ||||||
| Suffolk | ||||||
| IP1 3LG | ||||||
| Solicitor | Birketts LLP | |||||
| Providence House |
||||||
| 141-145Princes | Street | |||||
| Ipswich | ||||||
| Suffolk | ||||||
| IP1 1QJ |
| Unrestricted | Funds | |||||
|---|---|---|---|---|---|---|
| Notes | 2022 | 2021 | ||||
| F | ||||||
| Income | ||||||
| Donations and legacies |
17,119 | 16,411 | ||||
| Investment | income | 310,403 | 331,596 | |||
| Total Income | 327,522 | 348,007 | ||||
| Expenditure | ||||||
| Expenditure | on Raising | Funds | ||||
| Investment | management | fees | 103,212 | 95,178 | ||
| Expenditure | on Charitable | Activities | ||||
| Grants payable | 839,000 | 453,980 | ||||
| Governance | costs | 21,813 | 18,309 | |||
| Total Expenditure | 964,025 | 567,467 | ||||
| Net Gains on Investments | 894,715 | 2,631,653 | ||||
| Net Income | 258,212 | 2,412,193 | ||||
| Reconciliation of Funds |
||||||
| Total funds | brought forward at 6April 2021 | 13,035,606 | 10,623,413 | |||
| Total funds | carried forward | at 5April 2022 | 13,293,818 | 13,035,606 |
| Notes | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| E | E | ||||||
| Fixed Assets | |||||||
| Investments | 13,204,050 | 12,908,157 | |||||
| Current Assets | |||||||
| Debtors | 5,000 | 5,000 | |||||
| Cash at bank | and | in hand | 155,425 | 186,451 | |||
| 160,425 | 191,451 | ||||||
| Creditors: | |||||||
| amounts falling due within |
one year | 10 | (70,657) | (64,002) | |||
| Net Current | Assets | 89,768 | 127,449 | ||||
| Total Assets | less Current | Liabilities | being Net Assets | 13,293,818 | 13,035,606 | ||
| The Funds ofthe Charity | |||||||
| Unrestricted | funds at 5April 2022 | 13,293,818 | 13,035,606 |
| 2 | Donations | and | Legacies | 2022 f. |
2021f | ||||
|---|---|---|---|---|---|---|---|---|---|
| Donations | |||||||||
| Lord Belstead's | Children's | Settlement | 17,119 | 16,411 | |||||
| 17,119 | 16,411 | ||||||||
| 3 | Investment | Income | Total | ||||||
| UK | Overseas | 2022 | 2021 | ||||||
| F | |||||||||
| Dividends received gross |
122,365 | 86,849 | 209,214 | 240,708 | |||||
| Interest received | gross | 23,867 | 29,119 | 52,986 | 53,665 | ||||
| Property fund income |
44,053 | 44,053 | 36,942 | ||||||
| Equalisation | payments/fee | rebates | 2,761 | 1,342 | 4,103 | 141 | |||
| Broker and | bank | interest | 47 | 47 | 140 | ||||
| 193,093 | 117,310 | 310,403 | 331,596 |
| 4 | Grants Payable | 2022 | 2021 | |
|---|---|---|---|---|
| Charitable Donations |
||||
| 1st Fressingfield Scout Group 1st Kesgrave Scout Group ABF The Soldiers Charity Action for M.E. Action Medical Research for Children Activ Lives Age Concern Suffolk - standing order Age Concern Colchester 8 N.E.Essex All Saints Church Stuston, Diss |
3,000 2,000 |
5,000 2,000 1,000 2,000 2,000 5,000 2,000 500 |
||
| Alpherton Jubilee Village Hall Asperger East Anglia Assist Trust Asthma Relief for Suffolk Asthma UK |
2,000 1,000 1,000 2,000 2,000 |
1,000 2,000 4,000 |
||
| AT Society Autistica Avenues East |
2,000 | 3,000 2,000 |
||
| Basics Essex Belstead Village Hall Blaxhall PCC, St Peter's Church Bowel Cancer UK Bowel Research UK Brainwave |
1,000 2,000 2,000 |
2,000 2,000 2,000 2,000 2,000 |
||
| Break British Disabled Angling Association British Forces Foundation |
2,000 500 |
500 2,000 |
||
| Cancer Campaign in Suffolk Cancer Support UK Cavell Nurses Trust Centre 81 |
5,000 2,000 1,000 |
3,000 1,000 |
||
| Cerebral Palsy Plus Children with Cancer UK |
1,000 2,000 |
|||
| CICRA | 2,000 | |||
| Clothing Solutions for Disabled People Colchester & Ipswich Hospitals Charity Copdock and Washbrook Playing Field Charity Copdock and Washbrook Village Hall Cruse Bereavement Care DanceEast Daws Hall Trust Diabetes UK Disability Advice Service Douglas Bader Foundation East Anglian Air Ambulance East Anglia's Children's Hospices - standing order East Anglia's Children's Hospices Eating Matters ENYP |
500 2,000 2,000 2,000 1,000 2,000 3,000 250,000 2,000 2,000 |
5,000 3,000 2,000 2,000 1,000 2,000 2,000 1,000 5,000 250 100,000 2,000 |
||
| Excelsior Trust FAYAP |
1,000 | 1,000 | ||
| First Friends Pre-School | 1,800 | |||
| Foodcycle Framlingham PCC (Church ofSt.Michael) Friends of Bramfield School Friends of Halesworth County Library |
2,000 5,000 5,000 |
500 |
| 4 | Grants Payable (continued) | 2022 | 2021 | ||||
| E | |||||||
| Charitable Donations |
|||||||
| Friends ofSt Mary's School, Woodbridge | 5,000 | ||||||
| Gainsborough House |
Society | 12,500 | |||||
| Garland Street Baptist |
Church | 2,000 | |||||
| Great Ormond Street |
Hospital | 2,000 | 2,000 | ||||
| Grundisburgh Village |
Hall | 2,000 | |||||
| Guide Dogs for the Blind | 2,000 | ||||||
| Hadleigh Foodbank |
2,000 | ||||||
| Handicapped Childrens |
Action Group | 1,000 | |||||
| Happy Days |
1,500 | 1,000 | |||||
| Hearing Dogs |
1,500 | 1,500 | |||||
| High Ground | 1,000 | ||||||
| Home For Good | 1,000 | 1,000 | |||||
| Homestart in Suffolk |
5,000 | ||||||
| Independent Age |
2,000 | ||||||
| Inspire Suffolk | 2,000 | 2,000 | |||||
| Ipswich BMX Club | 5,000 | ||||||
| Ipswich Chamber Choir |
2,500 | 2,000 | |||||
| Ipswich Hospital Band |
Limited | 3,000 | |||||
| Ipswich School | 50,000 | ||||||
| Ipswich Unitarian Meeting |
House | 2,000 | |||||
| Independent Age |
2,000 | ||||||
| JDRF | 2,000 | ||||||
| Joss Searchlight | 2,000 | 2,500 | |||||
| Leiston Land Community | Trust | 7,000 | |||||
| Let's Talk Reading | 2,000 | ||||||
| Leukaemia UK |
2,000 | ||||||
| Lifelites | 1,000 | 1,000 | |||||
| Listening Books |
1,000 | 1,000 | |||||
| Little Acorns Pre School | 2,000 | ||||||
| Little Ouse Headwaters | Project | 1,000 | |||||
| Livability | 2,000 | ||||||
| Long Melford Community |
Sports Trust | 2,000 | |||||
| Lowestoft Museum | 1,000 | ||||||
| Marie Curie | 3,000 | 2,000 | |||||
| Marriage Care | 2,000 | ||||||
| Motor Neurone Disease |
Association | (MNDA) | 4,000 | 4,000 | |||
| MS Society | 2,000 | ||||||
| Muscular Dystrophy |
1,000 | ||||||
| Museum ofEast Anglian |
Life | 2,000 | |||||
| Myaware | 2,000 | ||||||
| Natasha Allergy Research |
Foundation | 1,000 | 2,000 | ||||
| National Tremor Association |
1,000 | ||||||
| National Youth Choirs |
ofGreat Britain | 2,000 | 2,000 | ||||
| On Course Foundation | 500 | 1,000 | |||||
| Open Road West Suffolk | 1,000 | ||||||
| Ormiston Families |
2,000 | ||||||
| Our Special Friends | 1,000 | ||||||
| PACT | 2,500 | 2,500 | |||||
| Parkinsons UK |
2,000 | 2,000 | |||||
| Petals | 2,000 | ||||||
| PHOEBE | 3,000 | ||||||
| Prisoners Education Trust |
5,000 | ||||||
| Quay Theatre Sudbury | 3,000 | 1,000 | |||||
| RAF Benevolent Fund |
1,000 | 1,000 | |||||
| Riding for the Disabled | (Woodbridge) | 2,000 |
| YE | AR ENDED 5APRIL 2022 | |||||
|---|---|---|---|---|---|---|
| 4 | Grants Payable (continued) | 2022 | 2021 | |||
| Charitable Donations |
||||||
| ROPETH Charitable Trust |
3,500 | |||||
| Royal National College for the |
Blind | 1,000 | ||||
| RNIB | 2,000 | 2,000 | ||||
| Rural Coffee Caravan | 4,000 | 4,000 | ||||
| SELIG (Suffolk) Trust | 2,000 | |||||
| Shepherd Drive Baptist Church St Andrew's Church, Bredfield |
5,000 2,000 |
|||||
| St Andrew's Church, Layham |
2,000 | |||||
| St Andrew's Church, Rushmere |
StAndrews | 5,000 | ||||
| StAugustine of Hippo PCC St Edmund's Church, Bromeswell St Elizabeth Hospice - standing order St Elizabeth Hospice StGregory's Church, Hemingstone PCC StJohn Ambulance |
5,000 250,000 |
3,000 1,000 100,000 3,000 1,000 |
||||
| St Mary at the Elms St Mary-le-Tower PCC |
7,000 | 5,000 | ||||
| St Mary's Church, Belstead St Mary's Church, Market Weston St Mary's Church, Wherstead St Nicholas Hospice |
PCC | 2,000 5,000 |
1,000 2,000 5,000 |
|||
| St Peter's Church, Nowton |
2,000 | |||||
| Spinal Muscular Atrophy Support Spinal Research Stroke Association |
UK | 1,000 2,000 |
1,000 2,000 2,000 |
|||
| Strong Bones Student Life |
500 | 1,000 1,000 |
||||
| Suffolk Accident Rescue Service | 3,000 | 2,000 | ||||
| Suffolk Artlink | 1,000 | |||||
| Suffolk Building Preservation Trust Suffolk Community Foundation Suffolk Lowland Search & Rescue |
30,000 | 1,000 30,000 500 |
||||
| Suffolk Sight Suffolk Mind |
2,000 5,000 |
|||||
| Suffolk Owl Sanctuary | 500 | |||||
| Suffolk Preservation Society |
1,000 | |||||
| Suffolk Wildlife Trust | 2,000 | |||||
| Sunny Days Children's Fund Swan Youth Project Tall Ships Youth Trust The Art Station |
1,000 1,000 1,000 3,000 |
1,000 1,000 2,000 |
||||
| The Blaxhall Commons 5 Open The Cranfield Court Charity The Firefighter's Charity |
Spaces Trust | 1,000 | 5,000 1,500 |
|||
| The Hive Centre | 4,000 | |||||
| The Kinetic Science Foundation | 3,000 | |||||
| The Mathew Project The Mission to Seafarers |
1,000 | 2,000 | ||||
| The Mix, Stowmarket The Norfolk Hospice Tapping The Offshoot Foundation |
House | 2,000 1,000 |
1,430 1,000 1,500 |
|||
| The Peartree Fund |
3,000 | |||||
| The Princes Trust | 2,000 | 2,000 | ||||
| The Salvation Army |
2,000 |
| YE | AR ENDED 6APRIL 2022 | AR ENDED 6APRIL 2022 | AR ENDED 6APRIL 2022 | |||
|---|---|---|---|---|---|---|
| 4 | Grants Payable (continued) | 2022 | 2021 | |||
| Charitable Donations |
||||||
| The Salvation Army |
(Trust Fundraising | Unit) | 2,000 | |||
| The Sick Children's | Trust | 2,000 | 2,000 | |||
| The Urology Foundation |
2,000 | |||||
| UK Reads | 2,000 | 2,000 | ||||
| University of Suffolk |
6,000 | 5,000 | ||||
| Versus Arthritis | 2,000 | |||||
| Walsham Le Willows |
Sports Club | 1,500 | ||||
| Wheelpower | 1,000 | |||||
| Wings for Warriors | 2,000 | |||||
| Winston PCC |
2,000 | |||||
| Women's Aid Bury St Edmunds |
2,000 | |||||
| World Cancer Research | Fund | 1,000 | ||||
| Young People Taking Action | 2,000 | |||||
| 839,000 | 453,980 |
| 5 | Governance Costs |
2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|
| E | F | ||||||
| Legal/accountancy and Auditor's remuneration |
administration charges for the audit ofthe Charity's |
Financial Statements | 17,410 4,320 |
14,028 4,200 |
|||
| Other costs | 83 | 81 | |||||
| 21,813 | 18,309 |
| Fixed Asset Investments | Total | ||||
|---|---|---|---|---|---|
| Land & | Listed | Cash | 2022 | 2021 | |
| Property f |
Investments f |
||||
| Market value at 6 April 2021 Additions |
7,615 | 12,670,377 1,966,485 |
230,164 | 12,908,156 1,966,485 |
10,472,946 2,853,474 |
| Disposals Cash movement |
(2,628,480) | 104,395 | (2,628,480) 104,395 |
(2,633,959) 88,059 |
|
| Revaluation | 853,494 | 853,494 | 2,127,637 | ||
| Market value at 5April 2022 | 7,615 | 12,861,876 | 334,559 | 13,204,050 | 12,908,157 |
| Debtors | 2022 | 2021 | |||
| Leac | 5,000 | 5,000 |
| 10 | Creditors: Amounts Falling Due Within One Year |
Creditors: Amounts Falling Due Within One Year |
Creditors: Amounts Falling Due Within One Year |
2022 | 2021 |
|---|---|---|---|---|---|
| E | E | ||||
| Schroders Portfolio Management |
to 31/03/2022 (invoiced 22/04/22) | 25,063 | 24,776 | ||
| Legal/accountancy and administration |
15,414 | 12,246 | |||
| Accountancy 8 Audit |
4,680 | 4,680 | |||
| Charitable Donations |
25,500 | 22,300 | |||
| 70,657 | 64,002 | ||||
| 11 | Analysis of Net Assets |
Unrestricted | funds | ||
| 2022 | 2021 | ||||
| Funds at 5 April 2022 are represented | by: | E | E | ||
| Investment assets |
13,204,050 | 12,908,157 | |||
| Current assets - cash at bank and Current liabilities |
debtors | 160,425 ~70657, |
191,451 ~64,002 |
||
| Total net assets at 5 April 2022 | 13,293,818 | 13,035.606 |