| Contents | Page | ||
|---|---|---|---|
| Reference and administrative | information | ||
| Report ofthe Trustees | 2-4 | ||
| Independent examiner's report |
|||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial | statements | 8-12 |
| 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestncted | Total | Total | ||||||||
| Notes | Unrestrictedf | Designated 8 |
funds 8 |
funds 8 |
||||||
| Income and | endowments | from: | ||||||||
| Investments | 3 | 199,380 | 199,380 | 189,822 | ||||||
| Total | 199,380 | 199,380 | 189,822 | |||||||
| Expenditure | on: | |||||||||
| Raising funds | —investment | management | fees | 4 | 6,291 | 6,291 | 5,592 | |||
| Charitable activities |
5 | 74,376 | 74,376 | 64,042 | ||||||
| Total | 80,667 | 80,667 | 69,634 | |||||||
| Net income | before gains | |||||||||
| and losses | on investments | 118,713 | 118,713 | 120,188 | ||||||
| Net gains on | investments | 7 | 242,732 | 242,732 | 901,555 | |||||
| Net income | 361,445 | 361,445 | 1,021,743 | |||||||
| Net movement | in funds | 8 | 361,445 | 361,445 | 1,021,743 | |||||
| Fund balances | brought | forward | 5,297,961 | 1,000,000 | 6,297,961 | 5,276,218 | ||||
| Fund balances | carried forward | 5,659,406 | 1,000,000 | 6,659,406 | 6,297,981 |
| Noles | 2022 | 2021f | ||||
|---|---|---|---|---|---|---|
| Fixed assets | ||||||
| Investments | 5,535,598 | 5.191,126 | ||||
| Current assets | ||||||
| Debtors Cash at bank and in hand |
10 | 25,119 1.116,013 |
23,745 1,101,251 |
|||
| 1,141,132 | 1,124,996 | |||||
| Liabilidas | ||||||
| Creditors: amounts doe | within | 1 year | (17,324) | (18,161) | ||
| Net current | assets | 1,123,608 | 1,106,835 | |||
| Net assets | 6,659,406 | 6,297,961 | ||||
| Funds | ||||||
| ttnrestncted | funds | 12 | 5,659,4D6 | 5,297,981 | ||
| tfnrestricted | designated | funds | 12 | 1,000,000 | 1,000,00D | |
| Total charity | funds | 6,659,406 | 6,297,961 |
| No | tes | to the financia | l | statements for |
the year en | ded 5 | April 202 | 2 |
|---|---|---|---|---|---|---|---|---|
| Raising funds —costs | 2022 | 2021 | ||||||
| 8 | ||||||||
| Investment management |
fees | 6,291 | 5,592 | |||||
| 6,291 | 5,592 | |||||||
| All costs incurred m both |
2022 and 2021 were in respect of unrestricted | funds. | ||||||
| Charitable activities |
2022f | 2021 | ||||||
| Charitable donations (note 6) |
62,243 | 54,854 | ||||||
| Administration fees payable |
8,896 | 4,598 | ||||||
| Governance | 3,237 | 4,590 | ||||||
| 74,376 | 64,042 | |||||||
| All costs incurred in both |
2022 and 2021 were in respect of unrestricted | funds. | ||||||
| 6. | Charitable donations |
2022 | 2021 | |||||
| Total 6 |
Totalf | |||||||
| Charterhouse, The |
5,000 | |||||||
| Christian Responsibility |
in Public Affairs (CRPA) | 5,000 | ||||||
| Foundation ofthe College ofSt George (Companions |
ofWindsor) | 5,000 | 5,000 | |||||
| Friends ofthe Holy Land | 5,000 | |||||||
| Harvard Kennedy School |
ofGovernment | 18,243 | 19,854 | |||||
| Promoting Economic Pluralism |
5,000 | |||||||
| Royal Botanical Gardens | Kew —Friends &Supporters | 15,000 | 15,000 | |||||
| Royal Chapel ofAll Saints, The | 5,000 | |||||||
| ' | Woolf Institute, The | 14,000 | ||||||
| 62,243 | 54,854 | |||||||
| Net investment gains |
2022 | 2021 | ||||||
| 8 | ||||||||
| Realised | 15,281 | 8,283 | ||||||
| Unrealised | 227,451 | 893,272 | ||||||
| 242,732 | 901,555 | |||||||
| 8. | Net movement in funds |
|||||||
| Net movement in funds is stated after charging: |
||||||||
| 2022 | 2021 | |||||||
| 8 | E | |||||||
| Examine/a remuneration |
||||||||
| - Independent Examination |
3,000 | 3,840 |
| Investments | 2022 f |
2021 6 |
|---|---|---|
| Market value at the year start | 5,156,241 | 4,170,609 |
| Additions at cost | 207,282 | 134,060 |
| Disposal proceeds | (85,380) | (49,983) |
| Net gains on disposals and revaluations |
242,732 | 901,555 |
| Market value at the year end | 5,520,875 | 5,156,241 |
| Cash held as part of porffolio | 14,723 | 34,885 |
| Total investment value |
5,535,598 | 5,191,126 |
| Historical cost at the year end | 4,666,512 | 4,475,083 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| 6 | 6 | |||||||
| Investments | at market value comprised: | |||||||
| Private Equity |
221,125 | 234,967 | ||||||
| Charity Multi Asset Funds |
5,299,750 | 4,921,274 | ||||||
| 5,520,875 | 5,156,241 | |||||||
| 10. | Debtors | 2022 | 2021 | |||||
| 6 | ||||||||
| Dividends | receivable | 25,119 | 23,745 | |||||
| 25,119 | 23,745 | |||||||
| Creditors: | amounts | falling | due within one | year | 2022 | 2021 | ||
| 6 | 6 | |||||||
| Accruals | 8,773 | 9,188 | ||||||
| Other creditors —investment | management | fee | 1,551 | 1,473 | ||||
| Grants payable | 7,000 | 7,500 | ||||||
| 17,324 | 18,161 |
| 12. | Movement | in funds —2022 | 6April | 5April | |||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 8 |
Income | Expendituref | Gains 8 |
2022 | |||||
| Unrestricted | funds | 5,297,961 | 199,380 | (80,667) | 242,732 | 5,659,406 | |||
| Designated | funds | 1,000,000 | 1,000,000 | ||||||
| Total | 6,297,961 | 199,380 | (80,667) | 242,732 | 6,659,406 | ||||
| Movement | in funds - 2021 | 6 Apnl | Expenditure/ | 5April | |||||
| 2020 5 |
Income | Transfers 6 |
Gainsf | 2021 8 |
|||||
| Unrestricted | funds | 4,276,218 | 189,822 | (69,634) | 901,555 | 5,297,961 | |||
| Designated | funds | 1,000,000 | 1,000,000 | ||||||
| Total | 5,276,218 | 189,822 | (69,634) | 901,555 | 6,297,961 | ||||
| 13. | Analysis of net assets between funds | -2022 | Unrestricted | Designated | Total | ||||
| funds 8 |
funds 8 |
fundsf | |||||||
| Investments | 5,535,598 | 5,535,598 | |||||||
| Net current | assets | 123,808 | 1,000,000 | 1,123,808 | |||||
| 5,659,406 | 1,000,000 | 6,659,406 | |||||||
| Analysis of | net assets between | funds - | 2021 | Unrestricted | Designated | Total | |||
| fundsf | fundsf | funds 8 |
|||||||
| Investments | 5,191,126 | 5,191,126 | |||||||
| Net current | assets | 106,835 | 1,000,000 | 1,106,835 | |||||
| 5,297,961 | 1,000,000 | 6,297,961 |