| Pages | |||
|---|---|---|---|
| Trustees | and professional advisors |
||
| Trustees' | report | 2-5 | |
| Independent Auditor's |
report | 6-9 | |
| Statement | offinancial | activities | 10 |
| Balance sheet | |||
| Notes to | the financial | statements | 12-20 |
| 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 |
||||
| 12 Moorgate | ||||||
| London | ||||||
| EC2R 6DA | ||||||
| Bank | Barclays Bank | |||||
| 1 Princes Street | ||||||
| Ipswich | ||||||
| Suffolk | ||||||
| IP1 1PB | ||||||
| Auditor | SBAudit 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 | 2023 | 2022 | ||||
| F | ||||||
| Income | ||||||
| Donations and legacies |
49,095 | 17,119 | ||||
| Investment income |
275,175 | 310,403 | ||||
| Total Income | 324,270 | 327,522 | ||||
| Expenditure | ||||||
| Expenditure on Raising Investment management |
Funds fees |
101,445 | 103,212 | |||
| Expenditure on Charitable |
Activities | |||||
| Grants payable Governance costs |
590,100 29,902 |
839,000 21,813 |
||||
| Total Expenditure | 721,447 | 964,025 | ||||
| Net (Losses) / Gains on | Investments | (773,696) | 894,715 | |||
| Net (Expenditure) / Income |
(1,170,873) | 258,212 | ||||
| Reconciliation of Funds |
||||||
| Total funds brought forward Total funds carried forward |
at 6 April 2022 at 5April 2023 |
13,293,818 12,122,945 |
13,035,606 13,293,818 |
| 2 | Donations | and | Legacies | Legacies | 2023 | 2022 | |
|---|---|---|---|---|---|---|---|
| F | |||||||
| Donations | |||||||
| Lord Belstead's | Children's | Settlement | 19,095 | 17,119 | |||
| Compensation | relating | to | land | 30,000 | |||
| 49,095 | 17,119 |
| Investment Income |
Total | |||||
|---|---|---|---|---|---|---|
| UK | Overseas | 2023 | 2022 | |||
| f, | ||||||
| Dividends received gross Interest received gross Property fund income Equalisation payments/fee Broker and bank interest |
rebates | 100,157 15,877 43,644 1,764 7,929 |
75,689 30,115 |
175,846 45,992 43,644 1,764 7,929 |
209,214 52,986 44,053 4,103 47 |
|
| 169,371 | 105,804 | 275,175 | 310,403 |
| YE | AR ENDED 5APRIL 2023 | ||||||
|---|---|---|---|---|---|---|---|
| 4 | Grants Payable | 2023 | 2022f | ||||
| Charitable Donations |
|||||||
| 1st Kesgrave Scout Group | 3,000 | ||||||
| Action for M.E. | 1,000 | ||||||
| Action Medical Research | for Children | 2,000 | |||||
| Afghanistan 8 Central Asian Association |
2,000 | ||||||
| Age Well East | 2,000 | ||||||
| Alpherton Jubilee Village |
Hall | 1,000 | 2,000 | ||||
| Asperger East Anglla | 1,000 | ||||||
| Assist Trust | 1,000 | ||||||
| Asthma Relief for Suffolk |
2,000 | 2,000 | |||||
| Asthma UK |
2,000 | ||||||
| AT Society | 2,000 | ||||||
| Autism and Nature |
1,500 | ||||||
| Autistica | 2,000 | ||||||
| Bardwell PCC | 1,500 | ||||||
| Basics Essex | 1,000 | 1,000 | |||||
| BLESMA | 1,000 | ||||||
| Boost Felixstowe | 2,000 | ||||||
| Bowel Cancer UK | 2,000 | 2,000 | |||||
| Bowel Research UK |
2,000 | 2,000 | |||||
| Braille Chess Association | 1,000 | ||||||
| Brave Futures | 1,000 | ||||||
| Break | 2,000 | 2,000 | |||||
| Breast Friends Brentwood | 2,000 | ||||||
| British Disabled Angling |
Association | 500 | 500 | ||||
| British Heart Foundation | 2,000 | ||||||
| British Wireless for the Blind | 2,500 | ||||||
| Burlington Baptist Church, |
Ipswich | 2,000 | |||||
| Bury Drop In | 2,000 | ||||||
| Butley Mills Studio (Clockhouse | Arts) | 2,000 | |||||
| Cancer Campaign in Suffolk |
5,000 | 5,000 | |||||
| Cancer Support UK |
2,000 | 2,000 | |||||
| Cavell Nurses Trust |
3,000 | ||||||
| Centre 81 | 1,000 | ||||||
| Cerebral Palsy Plus |
1,000 | ||||||
| Children with Cancer UK |
2,000 | ||||||
| Christian Youth Ministries |
3,000 | ||||||
| Churches Conservation |
Trust | 3,000 | |||||
| CICRA | 2,000 | 2,000 | |||||
| Clare Baptist Church | 500 | ||||||
| Clothing Solutions for Disabled |
People | 500 | 500 | ||||
| Colchester 8, Ipswich Hospitals |
Charity | 5,000 | |||||
| Combat Stress | 1,000 | ||||||
| Community Action Suffolk |
3,000 | ||||||
| Community Safety Education |
2,000 | ||||||
| Copdock and Washbrook | Playing | Field Charity | 1,500 | 2,000 | |||
| Copdock and Washbrook | Preschool | 1,100 | |||||
| Copdock with Washbrook | PCC | 5,000 | |||||
| Cruse Bereavement Care |
2,000 | 2,000 | |||||
| DanceEast | 2,000 | 2,000 | |||||
| Daws Hall Trust |
500 | 1,000 | |||||
| Deben District Scout Council | 2,000 | ||||||
| Debenham Village Hall 8 |
Playing | Field Trust | 3,000 | ||||
| Diabetes UK |
2,000 | 2,000 |
| YE | AR ENDED 5APRIL 2023 | AR ENDED 5APRIL 2023 | AR ENDED 5APRIL 2023 | AR ENDED 5APRIL 2023 | ||
|---|---|---|---|---|---|---|
| 4 | Grants Payable (continued) | 2023 | 2022 | |||
| f. | ||||||
| Charitable Donations |
||||||
| Different Strokes | 1,000 | |||||
| Disability Advice NE Suffolk | 3,000 | 3,000 | ||||
| Douglas Bader Foundation East Anglla's Children's Hospices |
1,000 100,000 |
250,000 | ||||
| Eating Matters ENYP |
2,000 2,000 |
|||||
| Excelsior Trust | 1,000 | 1,000 | ||||
| Families Together Suffolk | 3,000 | |||||
| FAYAP | 1,000 | |||||
| Foodcycle | 1,000 | 2,000 | ||||
| Framlingham PCC (Church |
ofSt Michael) | 5,000 | ||||
| Framlingham PCC (CCR |
Project) | 5,000 | ||||
| Fresh Start Charity | 1,000 | |||||
| Friends of Bramfield School |
2,000 | 5,000 | ||||
| Gainsborough House Society |
12,500 | 12,500 | ||||
| Great Ormond Street Hospital |
2,000 | |||||
| Green Light Trust | 2,000 | |||||
| Guide Dogs for the Blind Hadleigh Foodbank |
2,000 | 2,000 2,000 |
||||
| Handicapped Childrens Happy Days |
Action Group | 1,000 1,500 |
1,000 1,500 |
|||
| Haughley Parish Council Hearing Dogs Home For Good |
5,000 1,000 1,000 |
1,500 1,000 |
||||
| Homestart in Suffolk |
5,000 | |||||
| Hope for Tomorrow | 2,000 | |||||
| llketshall St Andrews Village Hall |
2,000 | |||||
| llketshall St John PCC |
2,000 | |||||
| Independent Age |
2,000 | 2,000 | ||||
| Ink | 2,000 | |||||
| Inspire Suffolk | 3,000 | 2,000 | ||||
| Ipswich Alpha Explorer Unit |
1,000 | |||||
| Ipswich BMX Club |
A | 5,000 | ||||
| Ipswich Chamber Choir |
2,500 | |||||
| Ipswich Community Playbus |
3,000 | |||||
| Ipswich Disabled Advice |
Bureau | 4,000 | ||||
| Ipswich Housing Action |
Group | 3,000 | ||||
| Ipswich School | 50,000 | |||||
| Jetty Lane Joss Searchlight |
2,500 | 2,000 | ||||
| Landseer Road Methodist | Church | 3,000 | ||||
| Leiston Land Community | Trust | A | 7,000 | |||
| Let's Talk Reading | 3,000 | 2,000 | ||||
| Leukaemia UK |
2,000 | 2,000 | ||||
| Lifelites | 1,000 | 1,000 | ||||
| Listening Books |
1,000 | 1,000 | ||||
| Little Acorns Pre School | 2,000 | |||||
| Little Lifts | 2,000 | |||||
| Little Ouse Headwaters | Project | 1,000 | 1,000 | |||
| Livability | 2,000 | |||||
| Long Melford Community Lowestoft Museum |
Sports Trust | 2,000 1,000 |
| 4 | Grants Payable (continued) | Grants Payable (continued) | Grants Payable (continued) | Grants Payable (continued) | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| E | ||||||||||
| Charitable Donations |
||||||||||
| Marie Curie | 3,000 | |||||||||
| Marriage Care | 2,000 | 2,000 | ||||||||
| Memories are Golden | 2,000 | |||||||||
| Mid Suffolk Gymnastics | Club | 2,000 | ||||||||
| Mind Suffolk | 13,000 | |||||||||
| Mobility Trust | 1,000 | |||||||||
| Motor Neurone Disease |
Association | (MNDA) | 2,000 | 4,000 | ||||||
| MS Society | 2,000 | 2,000 | ||||||||
| Muscular Dystrophy |
2,000 | |||||||||
| Museum of East Anglian |
Life | 2,000 | ||||||||
| Musical Keys | 1,000 | |||||||||
| Natasha Allergy Research |
Foundation | 1,000 | ||||||||
| National Kidney Federation |
1,000 | |||||||||
| National Youth Choirs |
of Great | Britain | 2,000 | 2,000 | ||||||
| Newlife | 1,000 | |||||||||
| Norfolk 8 Suffolk NHS | Foundation | Trust | 2,000 | |||||||
| Olive AP Academy Suffolk |
5,000 | |||||||||
| On Course Foundation | 500 | |||||||||
| Open Road West Suffolk | 500 | 1,000 | ||||||||
| Ormiston Families |
3,000 | 2,000 | ||||||||
| Our Special Friends | 2,000 | 1,000 | ||||||||
| PACT | 7,000 | 2,500 | ||||||||
| Parkinsons UK |
2,000 | 2,000 | ||||||||
| Petals | 500 | |||||||||
| PHOEBE | 3,000 | |||||||||
| Poppies Care Farm | 2,000 | |||||||||
| Prisoners Education Trust |
5,000 | 5,000 | ||||||||
| Project Trust | 500 | |||||||||
| Quay Theatre Sudbury | 2,000 | 3,000 | ||||||||
| RAF Benevolent Fund |
1,000 | 1,000 | ||||||||
| Read for Good | 500 | |||||||||
| Ringshall Parish Council |
2,000 | |||||||||
| River Church, Ipswich |
2,000 | |||||||||
| Roja Arts CIC | 1,000 | |||||||||
| ROPETH Charitable Trust |
3,500 | |||||||||
| Royal National College |
for | the Blind | 5,000 | |||||||
| RNIB | 2,000 | 2,000 | ||||||||
| Rural Coffee Caravan | 5,000 | 4,000 | ||||||||
| Saxmundham PCC (Suffolk |
coastal | debt centre) | 2,500 | |||||||
| Second Chance SAVG | 3,000 | |||||||||
| Shannon Trust |
1,000 | |||||||||
| Shepherd Drive Baptist |
Church | 5,000 | ||||||||
| St Andrew's Chuech, |
Bredfield | 2,000 | ||||||||
| St Andrew's Church, Rushmere |
St | Andrews | 5,000 | |||||||
| St Augustine of Hippo |
PCC | 5,000 | ||||||||
| St Elizabeth Hospice |
100,000 | 250,000 | ||||||||
| St Gregory's PCC Sudbury |
(bells) | 3,000 | ||||||||
| St Margaret's Church, |
Somerton | 2,000 | ||||||||
| St Mary at the Elms | 7,000 | |||||||||
| St Mary's Church, Belstead |
2,000 | |||||||||
| St Nicholas Hospice |
20,000 | 5,000 | ||||||||
| St Peter's Church, Nowton |
2,000 |
| 4 | Grants Payable (continued) | Grants Payable (continued) | 2023 | 2022 | |||
|---|---|---|---|---|---|---|---|
| Charitable Donations |
|||||||
| Spinal Muscular Atrophy Support |
UK | 1,000 | 1,000 | ||||
| Stepping Stones | 500 | ||||||
| Stonham Aspal and Mickfield Stroke Association |
PCC | 3,000 2,000 |
2,000 | ||||
| Strong Bones | 500 | ||||||
| Student Life |
2,000 | ||||||
| Suffolk Accident Rescue Service | 3,000 | ||||||
| Suffolk Building Preservation |
Trust | 1,000 | 1,000 | ||||
| Suffolk Community Foundation |
25,000 | 30,000 | |||||
| Suffolk Law Centre | 2,000 | ||||||
| Suffolk Owl Sanctuary | 500 | ||||||
| Suffolk Wildlife Trust | 5,000 | 2,000 | |||||
| Sunny Days Children's Fund Swan Youth Project |
1,000 | 1,000 1,000 |
|||||
| Tall Ships Youth Trust The Art Station |
1,000 3,000 |
||||||
| The Blaxhall Commons & |
Open Spaces | Trust | 1,000 | ||||
| The Brain Tumour Charity |
2,000 | ||||||
| The Bridge Project | 5,000 | ||||||
| The Bumblebee Children's |
Charity | 2,000 | |||||
| The George Community Pub The Hive Centre |
(Wickham | Market) | 2,000 | 4,000 | |||
| The Kinetic Science Foundation | 7,000 | 3,000 | |||||
| The Mathew Project | 1,000 | ||||||
| The Mission to Seafarers | 1,000 | ||||||
| The Mix, Stowmarket | 2,000 | 2,000 | |||||
| The Nancy Oldfield Trust |
2,000 | ||||||
| The Offshoot Foundation | 2,000 | 1,000 | |||||
| The Panathlon Foundation |
1,000 | ||||||
| The Princes Trust | 2,000 | 2,000 | |||||
| The Salvation Army |
2,000 | 4,000 | |||||
| The Sick Children's Trust |
2,000 | 2,000 | |||||
| The St Edmundsbury Trust |
5,000 | ||||||
| The Urology Foundation | 2,000 | 2,000 | |||||
| The Wickham Market Partnership |
1,000 | ||||||
| Thornage Hall (Orchard Lodge) |
3,000 | ||||||
| Trinity Methodist Church, UK Reads |
Lowestoft | 3,000 | 2,000 | ||||
| Unity Film & Production |
3,000 | ||||||
| University of Suffolk Foundation |
7,000 | 6,000 | |||||
| Versus Arthritis | 2,000 | 2,000 | |||||
| Walberswlck Village Hall |
500 | ||||||
| Walking with the Wounded Walsham Le Willows Sports Club |
1,000 | 1,500 | |||||
| Waveney Gymnastics Club Welcome to our Future |
1,000 1,000 |
||||||
| Winston PCC | 2,000 | ||||||
| Young Epilepsy | 2,000 | ||||||
| 590,100 | 839000 |
| 5 | Governance | Costs | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|---|
| F | ||||||||
| Legal/accountancy | and | administration | charges | 24,929 | 17,410 | |||
| Auditor's remuneration |
for the audit ofthe Charity's | Financial Statements | 4,800 | 4,320 | ||||
| Other costs | 173 | 83 | ||||||
| 29,902 | 21,813 |
| 8 | Fixed Asset Investments | Total | ||||
|---|---|---|---|---|---|---|
| Land & | Listed | Cash | 2023 | 2022 | ||
| Property | Investments | |||||
| Market value at 6 April 2022 | 7,615 | 12,861,876 | 334,559 | 13,204,050 | 12,908,156 | |
| Additions | 7,456,183 | 7,456,183 | 1,966,485 | |||
| Disposals | (8,032,273) | (8,032,273) | (2,628,480) | |||
| Cash movement Revaluation |
469,125 | (51,181) | (51,181) ~469,125 |
104,395 853,494 |
||
| Market value at 5April 2023 | 7,615 | 11,816,661 | 283,378 | 12,107,654 | 13,204,050 | |
| 9 | Debtors | 2023 | 2022 | |||
| Legacy | 35,000 | 5,000 |
| 10 | Creditors: Amounts Falling Due Within One Year |
2023 | 2022 |
|---|---|---|---|
| Cazenove Portfolio Management to 31/03/2023 (invoiced 28/04/2023) Legal/accountancy and administration Accountancy & Audit Charitable Donations |
23,621 21,780 4,740 38,097 |
25,063 15,414 4,680 25,500 |
|
| 88,238 | 70,657 |
| 11 | Analysis of Net Assets | Unrestricted | funds | |
|---|---|---|---|---|
| 2023 | 2022 | |||
| Funds at 5 April 2023 are represented | by: | E | ||
| Investment assets |
12,107,654 | 13,204,050 | ||
| Current assets - cash at bank and debtors Current liabilities |
103,529 ~88,238 |
160,425 ~70 857 |
||
| Total net assets at 5 April 2023 | 12,122,945 | 13,293,818 |