Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
Charity number.. 1059891
TRUSTEES, REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
5 APRIL 2022
THE GAIL TAYLOR
CHARITY
MENZIES
BRltsHTrr( i AINKIN

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
CONTENTS
Page
Referenc8 and Administrative Detai18 of the Charity, its Trustees and Advis8rs
Trustees. Report
Independent Examinerfs Report
Statement of Financial Activities
Balance Sh*•t
Notes to the Financial Statements
8-18

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS
TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 5 APRIL 2022
Trustees
Mr Stephen Pritchard
Mr Chailes Pfistei
Charity registered number 1059891
Principal office
Clo Menzies LLP
wen￿orth House
30008 Paikway
Whiteley
Hants
P015 7FX
Independent examiner
Ms Octavia Huppler
Neon Numbers Limited
259 Copnor Road
Portsmouth
Hampshire
P03 SEE
Accountant8
Menzies LLP
Chartered Accountants
Wenlworth Htsuse
3000a Parkway
Whiteley
Hants
P015 7FX
Bankers
HSBC Bank PLC
PO Box 160
12A North Street
Guildlord
GU14AF
Investment Manager
Investec Wealth & Investment Ltd
Unit 4 The Billings
3 Walnut Tree Close
Guildlord
GU14UL
Page 1

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
TRUSTEES, REPORT
FOR THE YEAR ENDED 5 APRIL 2022
The trustees. present their report and financial statements of the Charity for the year ended 5 April 2022.
PURPOSE AND AIMS OF THE TRUST
The Gail Taylor Trust Was ooiisliluled by a Settlement Deed dated 22 Novernber 1996 and is a registered charity. number
1059891. The objed of the charity is to make provision for the care. maintenan￿. support and benerrt of any peison or
peisons who, while suffering froTn ￿rebral palsy, 8180 suffer from other dis8bilities and in particular blindness. Applications
are Invited from potential beneficiaiies and these are considered by the ttustees to ensure that they meet the object of the
charity. In addition, an adapted vehicle is owned by the Charity which is made available to beneficiaries.
ADMINSTRATIVE STRUCTURE
The Deed of Trust details the trustees. appointment which must not exceed four in number. New trustees can be appointed
by trustee resolution.
The Charity is administered by the Trustees and the Trustees who served the Charity during the period were as follows..
Mr Stephen Pritchard
Mr Charles Pfister
The Charity's address is..
clo Menzies LLP
3000a Parkway
Whileley
Hanls P015 7FX
The Ch8rity h85 8 °Benefici8ries Comrnittee" which reviews 8ppIic81ions and d￿ldeS on donations and sUPPOrt to be given
by th8 Charity.
The Charty's bank account is operated at HSBC Bank Plc.
Bookkeeping throughout the year, and the preparation of the Annual accounts, is undertaken by Menzies LLP, 3000a
Parkway, Whiteley, Hants, P015 7FX.
ACTIVITIES AND ACHIEVEMENTS
During the pre￿dIng year, the Chaiity received a significant bequest valued * £1,568,987 frorn the Estate of the late
Pamela Taylor in the form of Property, comprising 5 leasehold flats valued at £1.12rn, and an investment portfolio valued at
£448,987. The tiustees continue to hold these assets to generate income for the charity and to further rts charitable airns.
The tiustees, however, have the right to spend the capital as well as the income arising from the bequest. Accordingly, the
bequest is categorised as an expendable endowment in these accounts.
Some of the properties bequeathed required work to upgrade them prior to letting but the current aim of the Trustees is to
let 4 of the 5 flats to third parties on commercial rents, via a letlings agency. The 5th flat has previously been converted to
enable occupation by a disabled person and the Trustees are considering the best use of this property to rneet the aims of
the Charity.
Professional fees weie incurred in relation lo the receipts under the bequest. and the trustees have requested an Audit to
detnonstrate good govern8nTr of such a signific8nt receipt.
Various donations weie made to applicants during the year, totalling £10,427 12021." £10,597). These payments were to
cover assistance in purchasing wheelchairs and adapted tricycles, and support for the tuition costs of an under-graduate.
Other money expended during the year covered the operation of the Trust's vehide to provide transport for applicants, and
repairs to assets owned by the Trust.
In planning the grant payments, the Trustees kept in mind the Charity Commission's guidance on public benefit.
Page 2

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2022
FINANCIAL REVIEW
Rental income received from the letting of the flats amounted lo £41,350 12021.. £16.5851 and investment incorne was
£8.619 12021.. £2.4501. Grants paid lo applicants amounted to £10.427 12021.. £10.59n. The ￿SIS relating lo the flats
lolalled £17,343 12021.. £17,979) and support Costs totalled £25.358 12021.. £30.3491. Acwrdingly. nel expenditure before
investment gains was £3.15912021'. net incotne of £1,529.0971. Re8lised gain5 on inve5trnents was £13,20012021. £8,446)
and unrealised were £53,41012021." £32,524). Funds held at 5 April 2022 con51Sted of Expendable Endowtnent Funds of
£1,635.404 12021." £1,575,809) and a small negative balance on general funds ol 2756 12021". £4,612). The Tiustees
antiupate that the negative balance on general funds will be deared shoruy and that sufficient funds will be available to
meet all anticipated outgoings.
The Trustees aim to keep reserves of approximately three months of nomial expenditure or £7.500 to protect against
Iluctauations in income or unanticipated costs.
POLICIES
With the ieceipt of the investment portfolio, the Ttustees have agreed upon an Investment strategy and have given this to
the Brokers.
The aim of the Charity is to provide small grants and donations in accordants with the objects of the Charity. We have
referred to the guidance in the Charity Commission's general guidance on public benefit when reviewing our objects and in
planning our activities and grant policies. In particular, the trustees consider how individual grants will contribute to the
objects set. During the year, a variety of donations were made lo applicants seeking funding for equipment or courses that
would help improve their lives.
In addition to direct financial 8ssistsnce. the Charity owns 8 vehide 8d8pled lo carry a wheelchair. This is made available.
at the Gh81ilies expense. to 8ppIic8nls who require such Ir8nsport.
Page 3

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2022
RESPONSIBILITIES OF THE TRUSTEES
The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable
law and United Kingdom Accounting Stsndard5 (United Kingdom Generally Accepted Accounting Practice).
The law applicable to chaiities in England & Vvales requires the Trustees to prepare financial staternents for each financi81
year which give a true and fair view ol the State of affairs of the Charity and of its incorning resources and application of
resourtss, including its income and expenditure, for that peiiod. In preparing these financial statements, the Trustees are
required to".
select suitable accounting poliaes and then apply them consistently.,
observe the methods and principles of the Charities SORP IFRS 1021..
make judgements and accounting estimates that are reasonable and prudent..
state whether 8ppli¢able UK Accounting Standards IFRS 1021 have been followed, subject to any rnaterial departures
disclosed snd explained In the Iinancial 5tatements'.
piep8re the financAal stat8rnent5 on the going concern basi5 un1855 It is Inappropriate to P185ume th8t th8 Charity will
continue in business.
The Trustees are responsible for keeping adequate accounting records that a￿ sufficient to show and explain the Charity's
transactions and disclose wrth reasonable accuracy at any time the finanaal position of the Charity and enable them to
ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations
2008 and the provisions of the Settlement deed. They are also responsible for safeguarding the assets of the Charity and
hence for taking reasonable steps for the prevention and detection ol fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by..
DO¢US￿nIdtsy'.
8cC94E48F5￿4D2
Mr Stephen Pritchard
Trustee
Date.. 02-Feb-2023
Page 4

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
MENZIES
INDEPENDENT EXAMINER'S REPORT
Independent Examine￿3 Report to the Trustees of The Gail Taylor Charity (Yhe Charity'l
I report to the charity Trustee5 on rny ex8min8tion of the accounts of the Charity for the year ended 5 April 2022.
Responsibilities and Basi8 of Report
As the Trustees of the Charity you are responsible for the preparation tsf the accounts in acctsidance with the requirements
of the Charities Act 2011 I'the 2011 Act'i.
I report in respect of my examination of the Charty's accounts carried out under section 145 of the 2011 Act and in carrying
out my examination I have followed the applicable Directions given by the Charity Commission under section 14515llbl of
the 2011 Act.
Independent Examinerfs Ststement
Your attention is drawn to the fact that the Charity h8s prepared the accounts in accordance with Aooounting and Reporting
by Ch8rities.' St8tement of Recommended Pr8Ctice applicable to charities prep8ring their accounts in accord8nce with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and
Reporting by Chanties.. Statetnent of Recornmended Practice issued on 1 April 2005 which is referred to In the extant
regulations but has been withdrawn.
l understand that this has been done in order for the accounts to provide a true and fair view in accordance with the
Generally Accepted Accounting Practi￿ effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination
giving me cause to believe that in any rnaterial respect..
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act,. or
the accounts do not accord with those records", or
the accounts do not comply with the applicable requirements concerning the form and wntent of acwunts set out in
the Chaiities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts gNfe a 'true
nd fairf view which is not a rnatter considerèd as part ol an independent exarnination.
I have no cOn￿rnS and have corne across no other matters in connection with the examination to which attention should be
drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely lo the Charity's Tiustees. as a body. in accordanoe with Part 4 of the Charities (Awounls and
Reports) Regulations 2008. My work ha5 been undertaken so that I tnight State to the Charity's Trustees those m8tters 18m
required to state to thern in an Independent Exarninerfs Report and for no othei purpose. To the fullest extent peirnitted by
law, I do not accept or assLJme responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my
work or for this report.
Do¢uSlgNd by..
Signed..
Dated..
05-Apr-2023
D$FF32E4C74C6
Ms Octavia Huppler
Neon Numbers Limited
259 Copnor Road
Portsrnouth
Hampshire
P03 SEE
Page 5

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2022
Unrèstrict
funds
2022
Endowment
funds
2022
Total
funds
2022
Totèl
funds
2021
Note
Income and endowTnent¥ from..
Donations and legacies
Charitable activities
Investments
1,568.987
16.585
2,450
41,350
41,350
8,619
8.619
Total incorne and endowments
41,350
8.619
49.969
1,588,022
Expenditure on..
Raising funds
Charitable activities
17,343
26,1S1
17,343
35.785
t7,979
40,946
9,634
Totsl expenditure
43,494
9,634
53,128
58.925
Net lexpenditurellincome before net
gains on investments
Net gains on investrnents
12,1441
11.0151
66,610
13.1591
66,610
1,529,097
4Q.970
Net lexpenditurevincome
Transfers between funds
12,1441
6,000
65.595
16.0001
63.451
1,570,067
19
Net movement in funds
3,856
59.595
63.451
1,57Q.067
Reconciliation of funds:
Total funds brought foward
Net movement in fLJnds
14,6121
3,856
1,S75,809
59.595
1,571,197
63.451
1, 130
1,570,067
Total funds carried fonNard
17561
1,635,404
1,634,648
1,577, 797
The Statement of Fin8nci81 Adivilies includes 811 g8ins and losses recognised in the year.
The notes on pages 8 to 18 form part of th85e financial statements.
Page 6

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
BALANCE SHEET
AS AT 5 APRIL 2022
2022
2021
Nots
Fixed assets
Tangible assets
Investments
14
241,036
484,368
910.000
246.058
455,451
874,320
16
Investment property
15
1,635.404
1,575,809
Current assets
Cash at bank and in hand
6,814
7,038
6,814
7,038
Creditors.. amounts falling due wf(hin one year
17
17,5701
111.650)
Net current liabilities
17561
(4,612)
Total assets less current IlabllStles
1,634.648
7,571, 197
Total net asset8
1,634.648
1,571, 797
Charity funds
Endowment funds
19
1,635,404
1,575.809
Restricted funds
Unrestricted funds
19
19
17561
(4,6121
Total funds
1,634.648
1,571, 797
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
Do¢uS￿dn1dtsy'.
en
Date..
02-Feb-2023
The notes on pages 8 to 18 form part of these financial slalemenls.
Page 7

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
General information
The Gail Taylor Charity is an unicorporated charity registered in England and Wales. The address of the registered
office is disclosed on the company information page. The functional and presentation currency of the charity is GBP.
Accounting policies
2.1 Basis of preparation of financial staternentB
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021- Accounting
and Reporting by Charities.. Statement ol Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021 and the Charities Act 2011.
The financial statements have been prepared lo give a 'true and fair, view and have departed from the Charities
(Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and tsirf view. This
departure h85 Involved following the Charities SORP IFRS 1021 published in October 2019 rsthei than the
Accounting and Reporting by Charit185.' Statement of R8commend8d Pr8Ctice eff8Ctive from 1 April 2005 which
has since been withdrawn.
The Gail Taylor Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are
initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting
policy.
Financial reporting standard 102- reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemptions in preparing these financial
staternents, as pemiitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland,:
The requirements of Section 7 Statement of Cash Flows.
2.2 Going concèrn
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going
concern. Having considered the potential impact tsf Covid-19 on the charity's income streams and ctssts, the
trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a
significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next
reporting period or to the ability of the group to continue in operation.
2.3 Income
All income is recognised once the Charity has entillernent lo the income, it is probable that the incorne will be
re￿iVed and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing enlillemenl. the probability of receipt and
the ability lo estimate with sufficient awuracy the arnounl receivable. Evidence of entitlement lo a legacy exists
when the Charity has sufficient evidence that a gtft ha5 been left to them (through knowledge of the existen¢e
of a valid will and the death of the benefactor) and the executoi is sat15fied that the property in quesb.on will not
be required to satisfy claims in the estate. Receipt of a legacy must be recognised when It is probable that it will
be received and the fair value of the amount receivable, which wll generally be the expected cash amount to
be distributed to the Charity, can be reliably measured.
Income tax recoverable in relation to investment income is recognised at the time the investment income is
receivable.
Page 8

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
Accounting policies Icontinuedl
2.4 Expenditure
Expenditure is recognised once there is a legal or conslructive obligation to transfer economic benefit to a third
party, it is probable that a transfer of economic benefits will be required in settlement and the arnount of the
obligation can be measured reliably. Expenditure is classified by 8Ctivity. The costs of each activity are rnade
up of the total of direct costs and shaied costs. induding support Costs involved in undertaking each activity.
Direct costs altiibut8ble to a single activity are allocated diredly to that activity. Shared costs which contiibule
to more than one 8Ctivrty and support costs which are not attributable to a single activity are apportioned
between those activrf(ies on a basis consistent with the use of resources. Central staff costs are allocated on
the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable
purposes and indudes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charitys
objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer is
oondilional. such grants being reoognised as expenditure when the oondilions attaching are fulfilled. Grants
offered subject to conditions which have not been mel 81 the year end are noted 85 8 wmtnitment. bul not
acctued a5 expenditure.
All expenditure is InclUs￿e of itrecoverable VAT.
2.5 Intsrest r•e&ivabl•
Interest on funds held on deposit is induded when receivable and the amount can be measured reliably by the
Charity,. this is normally upon notification of the interest paid or payable by the institution with whom the funds
are deposited.
2.6 Tangible fixed assets and depreciation
Tangible fixed assets costing £1.000 or rnore are capitalised and recognised when future economic benefit8
are probable and the cost or value of the asset can be rneasured reliably.
Tangible fixed assets ale initially iewgnised at cost. After recognition, under the cost tnodel, tangible fixed
assets are rneasured at C05t less accumulated depieciation and any 8ccurnul8ted Impairtnent1055es. All costs
incuried to bring a tangible fixed asset into its intended working condition should be included in the
measurement of cost.
Depreaation is charged so as to allocate the cost of tangible fixed assets less their residual value over their
estimated useful lives,
Depreaation is provided on the following basis..
Long-term leasehold property
Motor vehides
Office equipment
2°kn Straight line basis
25°/ts Reducing balance basis
33°/D Reducing balan￿ basi5
Page 9

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
Accounting policies Icontinuedl
2.7 Investments
Fixed asset investments are a fomi of financial instrument and are initially recognised at their transaction cost
and subsequently rneasured at fair value at the Balance Sheet date, unless the value cannot be measured
reliably in which case it is measured al c05t less imp8irmenl. Investment gains and losses, whether realised or
uNre8lised. are cornbined and presented as 'GainsllLosse51 on investments, in the Slalemenl of Finanryal
Activities.
Investments held as fixed assets are shown at cost less provision for impairment.
2.8 Llabllltles and provlslons
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is
probable that a transfer ol economic benefit will be required in settlement, and the amount of the settlement
can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the arnount it
has received as advanTrd payrnents for the goods or services it rnust provide.
Provisions are measured al the best estimate of the amounts required lo settle the obligation. Where the effect
of the lirne value of money is material. the provision is based on the present value of those amounts.
discounted 8t the pre-tax discount rate that ieflects the risks specific to the liability. The unwinding of the
discount is recognis8d in the St8teTll8nt of Financial Activities as a finance cost.
2.9 Finaneial instruments
The Charity only has linanual assets and financial liabilities of a kind that qualify as basic financial instruments.
Basic finanaal instruments are initially recognised at transaction value and subsequently measured at their
settlement value with the exception of bank loans which are subsequently measured at amortised cost using
the effective interest rnethod.
2.10 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance
of the general objectives of the Charity and which have not been design*ed for other purposes.
Investrnent income, gains and losses ale allo¢*ed to the appropriate fund.
Critical aeeounting èstimatès and arèas of judg•mènt
Estimates and judgements are continually evaluated and are based on historical experients and other factors,
induding expectations of future events that are believed to be reasonable under the circumstances.
In the opinion of the trustees there are no significant estimates or areas of judgement that would have a material
impact on the financial statements.
Page 10

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
Income from donations and legacies
Endowment
funds
2022
Total
funds
2022
To181
funds
2027
Legacies
1,568,987
Total 2021
1,568,987
1,568,987
Income from charitable activities
Unrestricted
funds
2022
Total
funds
2022
Total
runds
2027
Rental incorlle
41,350
41,350
16,585
Total 2021
t6,585
16,585
Investment income
Unrestrieted Endowment
funds
funds
2022
2022
Total
funds
2022
Totèl
funds
2021
Investment income
8,619
8,619
2,450
Total 2021
2,450
2,450
Page 11

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
Expenditure on raising funds
Costs of raising income
Unrestricted
funds
2022
Totsl
fund
2022
Tol81
funds
2021
Service charges
Agent f8es
Repairs 8nd maintenan
Rates
8,909
4,962
1.475
1,997
8,909
4,962
1,475
1,997
2,614
8.672
693
17,343
17,343
77,979
Total 2021
17,979
17,979
Analysis of grants
Grants to
Individuals
2022
Total
funds
2022
Total
funds
2027
Grants paid
10,427
10,427
lQ,597
Total 2021
10,597
10,597
Page 12

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted Endowment
fund8
funds
2022
2022
Totsl
2022
Tol81
2021
Charitable activities
26,151
9,634
35,785
40,946
Total 2021
35.924
5,022
40,946
10.
Analysls of expendlture by actlvltles
Grant
funding of
activities
2022
Support
costs
2022
Total
funds
2022
Total
funds
2027
Charitable activities
10.427
25,358
35,785
4Q.946
Toto12021
10, 597
30,349
40,946
Analysis of support costs
Totsl
funds
2022
Tol81
fvnrls
2027
Activities
2022
Depreciation
B8nk 8nd bioker fees
5,022
4.658
10,921
1,733
5,022
4,658
10,921
1,733
5,022
1.992
13,753
1,912
710
Legal and professional fees
Motor vehicle expenses
Sundries
Accountancy fees
Insurance
2,790
234
2,790
234
7,560
25,358
25,358
3Q.349
Total 2027
3Q,349
30,349
Page 13

Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
10.
Analysis of expenditure by activities Icontinuedl
Analysis of support costs Icontinuedl
Governance costs for the year were £17,791 (2021.. £21,3131 and are induded within support costs above.
11.
Independent examinerfs remuneration
2022
2027
F8es payable to the Charity's Indep8nd8nt exaTniner in r8spect of..
Independent examination of the Charity's annual accounts
Audit of the Charity's annual accounts
720
4,8QO
12.
Staff costs
The average number of persons employed by the Charity during the year w8s nil12021.' nil)
No employe8 received r8rnuneration amounting to rn018 than £60,000 in 8rther year.
13.
Trusteès. rèmuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2021- £NIL).
During the year ended 5 April 2022, no Trustee expenses have been incurred12021- £NIL).
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THE GAIL TAYLOR CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
14.
Tangible fixed assets
Long-term
leasehold
property
Motor
véhielès
Office
•quipment
Total
Cost or valuation
At 6 April 2021
251,080
36,700
1,030
288,810
At 5 April 2022
251,080
36,700
1,030
288.810
DepreclatSon
At 6 April 2021
Charge for the year
5,022
5,022
36,700
1.030
42.752
5.022
At 5 April 2022
10,044
36,700
1,030
47,774
Net book value
Al 5 April 2022
241,036
241.036
At 5 Ap1712021
246,058
246,058
15.
Investment property
Long terni
leasehold
investment
property
Valuation
At 6 April 2021
Surplus on revalu81ion
874.320
35.680
At 5 April 2022
910,000
The investment property was transferred lo The Gail Taylor Charity 81 prob8te value. The trustees consider probate
V8lue to iefled the rnatket value of the pioperties al the ye8r end.
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Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
16.
Fixed asset investments
Listed
investment8
Cash
Total
Cost or valuation
At 6 April 2021
Additions
437,060
73,556
166,4261
30,925
18,371
8.614
117.7321
455,431
82.170
IB4.1581
30.925
Disposals
Revaluations
At 5 April 2022
475,115
9,253
484,368
N•t book valua
At 5 April 2022
475,115
9,253
484,368
At 5ApiFI 2021
4S7,060
18,371
455,431
17.
Creditors: Amounts falling due within one year
2022
2027
Accruals and deferred income
7,570
71,650
18.
Financial instruments
2022
2027
Financial assets
Finanual assets measured at fair value through income and expenditure
484,368
455,431
Finanaal assets measured at fair value through income and expenditure comprise fixed asset investrnents.
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Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
19.
Statement of funds
Statement of funds- current year
Balance at 6
April 2021
Transfers
inlout
Gainsl Balance at S
(Losses)
April 2022
Income
Expenditure
Unrestricted
funds
General funds
14,6121
41,350
143,4941
6.000
17561
Endowment
funds
Endowment Funds
1.575,809
8,619
19,6341
16.0001
66,610
1,635.404
Total of funds
1,571,197
49,969
153,1281
66,610
1,634,648
ststement of funds- prior year
8818nce al
l April 2020
Transfers
n/out
G8insI
(Losses)
Balance 81
sAp￿1 2021
Income
Expenditure
Unrestricted
funds
General funds
1, 130
19,035
153.903)
29,126
(4,612)
Endowment
funds
Endowrnent Funds
1,568,987
{5.022)
(29, 726)
40,970
1,575,809
Total of funds
1, 130
1,588,022
(58,925)
40,970
1,571, 797
General funds are used for the objects of the charity, to make provision for the care, maintenance, support and
benefit of any persons who, while suffering from cerebral palsy, also suffer from other disabilities and in particular
blindness.
During the prior year the charity re￿iVed £1,568.987 frorll the estate of the late Parrela Ta￿Or in the form of
Property with 8 value of £1.120.000 and an investment portfolio with a value of £448.987. The trustees continue lo
hold these assets to generate income for the Charity and to further ils ch81ilable airns. The trustees however have
the right to spend the capital as well as the income arising from bequest. The bequest accordingly cgtegorised as
an expendable endowment in these accounts.
£e,000 12021, £29,126) has been transferred to general funds in respect of money drawn from the investment
portfolio.
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Docusign En¥ÈlopÈ ID". 2CD509FB-66F6-49F3-943E-BEC515910B87
THE GAIL TAYLOR CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
20.
Analysis of net assets betsyeen funds
Analysis of net assets be￿een funds- current year
Unrestricted Endowment
funds
funds
2022
2022
Total
funds
2022
Tangible fixed assets
Fixed asset investrnents
241,036
484,368
910.000
241.036
484.368
910.000
6,814
17,5701
Investment property
Current assets
Creditors due within one year
6,814
17,5701
Total
17561
1,635,404
1,634.648
Analysls of net assets be￿een funds- prlor year
Un￿Stricted
funds
2027
Endowment
funds
2021
Total
funds
2027
Tangible fixed assets
Fixed asset investrnents
Investment property
Current assets
Creditors due within one year
246.058
455,437
874,320
246.058
455.431
874,320
7,OS8
(11,6501
7,038
(11,650)
Total
(4,612)
1,575,809
1,571, 797
21.
Related paty transactions
During the year ended 5 April 2022 the charty incurred expenditure of £14,56812021." £15,523) relating to legal and
professional fees with Menzies LLP, a company in which Stephen Pritchard was a Partner during the year.
Page 18