Charlty reglstratlon number 1(th520 THE CARRIEJO CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023
THE CARRIEJO CHARITABLE TRUST CONTENTS Legal and admiThstrabve infomats.on Trustees, reph)rt Slalemenl of Iruslees. re8w)ll1.1leS IndeFendent examinerb repKJrt ststemenl of finanaal ath"vth'es Ststernenl of financial FO80 ststernenl of cash flows Notes to the accounts 10-17 Investment schedule 18-20
THE CARRIEJO CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Marchioness of Donegall Mrs Joanna LalIeS Secretary RathneS Trust Company Limrted Charity number 1C66520 Prlnclpal offke l address lor appeals 8 Finsbury Circus London EC2M 7A2 Independent examlner Kerry Roterts TEP FMAAT MCSI Clo Rathbones Trt Company "MIed Port ol Liver01 8uilding Pier Hea¢J Liverpjol L31N Bankers and Investment managers Rathbone8 Investrnent Management 'MIted 8 Finsbury Circus London EC2M 7A2
THE CARRIEJO CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 30 NOVEMBER 2023 The Irltslees wesent their annual rewrt and finanual stslements for year eThled 30 November 2023. The accounts have teen prepared In acccdance the aett•unb"ng Wioes set out in note 110 the accounts and coM[V with the chaiitys deed, the Charits"es Act 2011 and "A¢UntIng and Rewjrting by Charities Statement ol Recommended Practs'ce api¢atAe lo chants'es preparing Ihwr accounts In accordance wlh the Financial Reporting Standard apF4icat4e in the UK and Reput4ic of Ireland IFRS 1021 leffeth.ve 1 January 20191". ObltIveS and actlvltles The Iruslees hold unrestricted fund5 frorn lch they make donab.ons lor or towards such chaiitsble purpose5 and lo make ¢Jonations lo such charitable tK)dies or insts'tutions at such bmes and in such manner as the Iruslees rnay, in their absolute discret'on. think fil. Other than the oFeralion of the investment wttclio no other fund ra%ng aetNty is undèrtaken lo support the work of the chanty. The aims of the charity are lo apF4y, at the dscretson of the trustees, grants to organisabons in furtherance of the chanty's objectives. The charity is essentially investment based and the trustee5 consder the fund5 held as defined as catal and income and hold those lunds with a view to dL8tn"trJb"ng the Income generated from the Investrnenl rtfolIO and, as far a5 rnay te necessary. the captd for or luardS the grants the trleeS have dea'ded to make. Publlc benefit The Iruslees have comrAied wlh the duty in section 17 of the Charities ALX 201110 have due regard lo the public benefit guidance pUished ty the Chanty Commission Tho Iru51ees suppjrt a nurnter of ¢haritatle organis"ons. as shown %Mthin note 2119 thg finanoal $tsternents. Charltsble activitles The tr%1 Is sthely Involved in grant malJ'ng. and as such. the a("¥"e5 il undertakes Fertain lo raising and maintaining funds for the apF4ication of rt8 chosen grants. Grant making polky Thé trustees meet annualty to ravi apFlicabons for funding Onty successlul apIcants are notified ol the tru51ees' decision. Certain charibes are SUFPOrted annvally, although no eommilment 19 given. Durin9 the year under rwiew, the trte¢S reKfved lo SUFPQrt 37 iThJvidual charities A detsiled schedule of donations Is provided in note 21 to these accounts AJI the grant payments were lo charitae instslutions. The trustees, current policy is to make regular payments to a nurnter ol nat'onal and local charit'es with which they have long eslatrdi5hed connediorts The Iru5tees also reserye a FYop)rtion of th[ income reSoUrS lo enaLle them lo rnake ad hoc larger donab.ons when approached f fundng from those charibes with which they are rnore dosely involved. A¢hVementS and wformance During the year the trust generated sufficient incorne from the investments hdd aThJ a grant from the Ma¢donald- Buchanan CharrtaUe TrLBI lo apF4y tty*Mrds its chosen grants for the year.
THE CARRIEJO CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2023 Investment perfofmance The Investment oL4"eth"ve of the Charity is for a b¥anee tehyeen lonaer-term catal arsTrrth and income, in-line wf(h risk strategy 5. as defined by Rathbones Terms ol Business. As at 30 Novemter 2023, the porffolio was valued al £55,954 wlh an ethmaled gfOSS annual income of £1,769 or yield of 3.160A. Over the year the inveslrnenl portfolio for the Chanty returned 5 55fjh in total return terms, compared lo the MSCI PIMFA Balanced index which rose 2.eé°A. The UK 911 market over the same period fdl 5.66°A and the FTSE AJI World lose 5.96èh on a total retum bas. Over the 12 month period lo 30 November 223, the rnarkets saw a stroNJ rally towards the end of the period, in anb(ipation of the interest rale cyde peaking. This was in contsast lo the rise in geopdit'cal le[lOn$ seen through the year 1th the recent conflicts in the Midde East and market volatility earlier in the period following the mini banng CriS in the US. The rise In Llobd equity markets wa5 led by the US, which now represents 87°A of the world market. However, the true health ol the US economy was (fisguised ty the pKJlarisats"on of the S&P5ts), dominated by the 'Magnificenl 7. stock5. which accounted for around 70% 01 the overall nse The Chinese economy conl'nued lo sliuggle due lo issues wilh their prorty maikel imct ¥obal demand but we saw better ielurns from Japan and India as global economies reduced their reliance on Chinese suFfdy cha. Over the Feriod, due lo the Increagnuly Urertain MacrceconorniC enwronment we reduced ewity exw5ure lo 77% In favour ol fixed incorne which Is 11.10, given the attracbve 0PFKJrtun"eS DiVerllerS were unchanged over the year Ing 110A and (2sh is Wlhin the equty exposure. we reduced UK exposure lo 190h in favour ol international markets, Ythith now represents 58% of the fund Flnanclal revlew Total Incoming resources were £27,1601£26.434 In 20221. wth £19.520 I£21.8c in 20221 being cornrnitted to chantable acbvites ol which £4201£2,700 in 20r21 rdates to SUPF(Jrt and governance costs. Costs of fundraising amounted lo £1671£165 in 20221, There was an unrealised gain of £711 Igain of £478 In 20221 on investments and in addition a realised loss of £1 Ilc6s of £1.611 In 20221 resulbng in net infiow of funds 01 £8,183 Iinllow of £3,336 in 20221 Reserves The trustees have a balad investment Frt)licy and therefore thstribute income on an annual basis and retain capital for the maintenance and grovrth of the Fund. The Irvslees have lull and unreStrie powers lo dslribute all or any part of the eaptsl If they so desire. Investm•nt pollcy The investrnent objective loi the Charty B lor a balance caF4'tal gr¢Mh and income over the low-terrn, thin a rnediurn-risk profile as defined by Ratht(Jne's Terms ol Busines$. As there are no speafie reslnth.orts of Investment ptrNets under the goveming deed. the trustees have full dtscrelion over thè Investmènts held The irusièes havè délègat thèir investment ptr4èrs to Rathtx)nès Investment Management U'mited to have lull ds¢rebonary day to day control of the investments. The Iruslees have reviewed current p)licies and ¢*J not led any amendrnents are necessary Risks The trustees recognise the nsk assrriated Yith investment In mainstream finanaal market5 and accept this risk in return for the pro$¢1 of oreatèr returns ovèr the lon[ tèrm The trusteès arè Sabsfied that systèms ale In place to mitigate exkX)sure lo major risks and continue to review the adequary of Ihe systems in a¢e. Plans lor future periods The Iruslees do not envisage any signfficanl changes to their aims and oLieth"ves and they Intend lo eontnue SUPkX)rt'ng the various causes lo a &milar le¥el
THE CARRIEJO CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2023 Structure, governance and management The IrLtsI was created ty a ¢harrtat4e trust deed dated 11 June 1997. The trustees are to hdd the caplal and income of the trust fund urKJn trLk81 to apY the income. and as lai as May be necessary, the c8KNtal for and towards such chantst4e o&'ects and purposes and to make donatsons to such charitable LK)dies or instilubons In the United Kingth)m or any other part of the worfd at such b.mes and in such manner as the I[lee$ may In their absolute th"screb"on think fit The Iruslees who served during the year wefe Maroioness ol Donegall Mr8 Joanna Lascèlles Recru5tmenl and apontment of new trustees The continuing Iruslees have the Fthver to aFwint new or adthts"tal trustees to actithnlly wth them as they See frt. Organ15atlon and declslon fflaking StrtUre The Iruslees meet annually lo CorIder apFlicat1or for fundng, inveslrnent performanee, Income levds and the financial slalernents. In betrn trlee meetings the ap1¢30.0ns are consdered and a full wesentaty'on is maL at the annual rneets'ng. Inductlijn and tralnlng of trustees Incoming trustees are lo be made aware of their respKJnsib"lrfo"es and the Iwsys obJ"eth"ves from the existing Iruslees and their other professional athisors al the dale of th•r apwnlrnent The Iruslees are also to be kept up lo dale on relevant matters ty Ihlyi proles&onal a¢fvBors. Trustees will be sdect8¢J based on th•r ¢onnethon ¥th Cyrrenttrust in a¢¢or¢Jan¢e vAth their sknlls. The Aunt¥ The Iiuslees are sab'sfied the finanod p06ib.on cl the Chanty and confimi that they have adequate 86sets available lo lulfil their ol9•bOn8 and the attounts eomFty current statutory requirements. Thg trtee$, report wa$ aFproved ty the Board ofTru*ees. Marchioness of Donegall Trustee 25 June 2024
THE CARRIEJO CHARITABLE TRUST STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 30 NOVEMBER 2023 The tiustses are respx)nstle for preparing the Trustees. Repx)rt and the accounts irn accordance with appgicable law and Unrted Kingdom Accounlina Standards (United "nJoM Generalty Accek*ed Accounting Practicel. The law aptAicable to charities in England and Wales requires the trustees to prepare accounts for each financial year which gve a true and lair view ol the slate of of the tharty and of the incorning resources and apF4icats"on of resources of the charty for that year. The Iruslees rnusl not approve the financial slalements unless they are sabsfied that they gve a true and fair view of the state of the affairs of the charity and of the incoming resouice6 and apF4icats"orts of resources. indu(ting the income and exFendlure, of the chanty for the Feriod. In preparing these accounts, the trustees are required lo". - Selecl 8Ultable accounting pc4icaeB and then apF4y them ConSlentty." - ot6erve the methods and princ3F4es in the Charitses SORP.. - make judgements and eslimales that are reasonatle an¢J prudent. and stsle whether applicat4e UK Accounbng Standard5 have tn followéd, subject to any material departures disclosed and explained In the finanaal ststements epare the accounts on the gc4ng concern t8sis unless it ro inarpropnate lo wesume that the Charity wll conl'nue in operat'on. The tiuslees are reSpoltIe for keeng suifiaent accounl"ThJ records that disc105e Trmth reasonable accuracy al any tirne the finanaal 110n of the charity and enatle ihem to ensure that the accounts comF4y with the Charities Act 2011, the Charity (Accounts and Reports) Regulab"ons 2008 and the provisions ol the Trust Deed. They are also ie8ponsitAe lor saleguartjng the assets of the charity and hence for tskJ"rKJ rea80nat4e slepb for the k¥evenb"on and detect'on of fraud and othef iiregularibes
THE CARRIEJO CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CARRIEJO CHARITABLE TRUST Independent examlner's rert to the Trustees ol the Carrlejo Charltable Trust. charlty no: 1066520 I report on my examinatson of the aLx)ve charity I"The Trusf'i f(K the year en¢Jed 30 Ntsvembei 2023, which are sel out on pages 7 10 16 Responslbllllles of the Trustees and Independent Examlnert As the ch8rity's trustees, you are responsitAe lor the preparabon ol the finanu818tstements in accordan ¥Mth the iequirefflents of the Chanbes Ad 20111.the Ad'l. You con&der that an au(*t is not fequired under $144 of the kl and that an independent examinabon 18 needed. I report in respect of my examination of Ihe Trf$ financ#4 statements carried oul undei section 145 of the Act and in carrying out my examination, I have folloed all the aprAi¢atrJe Direthons given by the Charity Commission under 6edion 14515Xbl ol the A£t. 11 Is rny responbIlty lo state ether PacUlar matters have corne lo rny attenton. 8a515 of Independent Examlner's Report My examination was carned out In accordanee V+ith general Direthons gven ty the Chanty ComrnL%&on. An examination Includes a review of the accounting records kerrt by the charity and a companson of the accounts esenled wlh those records 11 also includes ¢on$iderats'on of any unusual Items 01 disdosures in the financial slalements and seeking ex an81.0nS from Ihe ITlee$ concernin9 any such matters The procedures undertaken do not wovide all the evidence that wr)uld be required in an audit and consequenly no okynion is given as to whether the financial slalements pfesenl a.true and tsir ¥1 The rewrt Is limited lo those matter5 sel out in the statement below. Independent Examlner's statement l am a membei ol an approved bth subject lo the txowsions of the Revised Ethical Slandaid 2019 issued ty the Finanual Reporbng Council IFRCI Rathbones Trust Company has pyovided accountsncy service5 in accordance th the terms ol engagement signed by the Trustees and I do not report to the accountant in any re5Fect. I give due ¢onsideiation lo the FRC'$ Revi$etJ Ethi1 Standard 2019 al all brnes. I have comFleted my examinatson. I confirm that no matters have come to my attenb'on bthich cause me lo believe that in any material r6speet' an1'n9 records were ncl kerrt in re5FeCt of the charity as r8wired by section 130 ofthgAct', or the financial stalernents dd not accord wth the accountsng records,. or the finanaal ststements d'd not comF4y wth the ap[4icae requirements concerThng the form and content of accounts set out in the Charibes (Accounts and Reports) Regulabons 2LK)8 other than any requirement that the aecounts give a Ir4Je and fail view wCh is not a Matter con&dered as part of an indeFendènt examination. I have no concerns and have corne across no other rnatters in conneth.on wth the exarninaton to which attention should te drawn in this rekK)rt in ordei lo enat4e a proper underslan¢J'ng of the financaal slalements to reached Kerry Roberts TEP FMAAT MCSI Clo Rathbones Trust Company Limrted Port of Llverpwl Bulkllng Pier Head verpool L31NW Dated." 9 July 2024
THE CARRIEJO CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 NOVEMBER 2023 Unrestricted Unrestricted 2023 2022 Notes Income Donats'ons and legacies Investments 25.000 2, 160 25.0(Xl 1,434 Total income 27,180 26.434 Exp8ndltur• Raising lunth 167 165 Charitat48 activib'8S 19.520 21.800 Total resources expended 19.687 21.Sfj5 Net Income ljelore Investment galns l {lossesl 7.473 4,469 Nel gans I Ilosse51 on investments 11 710 11,1331 Net movement in funds 8.183 3,336 Fund balances at 1 Dgcernb8r 2022 74.985 71.849 Fund balanc at 30 November 2023 83.188 74.985 Tha statément of financi adNibo9 indud8s all gains and108888 r8wised in Ihe year. 1 incomo and expendrture deriv8 from conbnuing acbw'bes.
THE CARRIEJO CHARITABLE TRUST STATEMENT OF FINANCIAL POSITION AS AT30 NOVEMBER 2023 2023 2022 Notes Fixed assets Investments 13 55.954 55,380 Current assets Debtors Cash at bank and in hand 14 10.000 19.614 23,419 29.614 23.475 Credllor5- amounts lalllng due wlthln one year 15 12,4¢XII 13,8701 Nel current assets 27,214 19,605 Total ass•ts l•ss curr•nt Ilabllltl•s 83.168 74.985 Income fund$ Unrestricted fvnds 83.168 74.985 83,168 74.985 The financaal slalements were approved ty the b)ard of Trustees arhl authcrftsed for issue on 25 June 2024 and are gned on its behaf ty.. Marchloness of Dorwall Trustee Dated.. 25 June 2024
THE CARRIEJO CHARITABLE TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 NOVEMBER 2023 2023 2022 Notes Cash flows from operating activities Cash (absorbed byygeneraled from operations 19 16,1571 3,293 Investing activities Purchase ol Intangle assets Proceeds on disposal ol Inlangit4es Dividends and interest received frorn inveslrnents 16.4ffi1 6.386 2.217 17,9511 9,077 1.378 Net cash generated fTOrn Invesng activities 2,137 2,504 Net Idecrea5eVlncrease In cash and cash equivalents 14,0201 5,797 Cash and cash eqvalents al begnning of year 24.199 16.402 Cash and cash equlvalents at end of year 20 20.179 24.199
THE CARRIEJO CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023 Accounting policies The charity was created by deed on 11 June 1997 and is an uThncorporaled charity. Charity informalKin The Cairiejo Charilat4e Tr1 is a registered charity. Chaiity number 15?). 1.1 Accounting ¢onventi(In The finanoal slalements have been prepaied in accordance Mth the charity's tnjsl deed. the Charities Act 2011, FRS 102 'The Finanaa ReprtIng Standard apFlICae In the UK and ReputAic of Ireland" I'FRS 102.1 and the Charitses SORP "Accounting and Rep)rts"ng by Chanlies. Statement of Recommended Pradice appliCae lo charities preparing their accounts In accordan with the Finanaal Reporb"ng Standard applic3tAe in the UK and ReputAic of Irdand IFRS 1021" (effective 1 January 20191. The chanty is a Public Benefit Entity as def ned by FRS 102 1.2 Golng concern The Iruslees con&der there are no material uncertainbes about the charity's ats'lity to continue as a going concern The review of our finanaal ts"on, reserves leve and future Flin¥ gives Trustees confidence the cttarty remains a going concern lor the loreseeat4e fvture 1.3 Charltsbl¢ lunds Unrestricted funds are availae for use at the di$¢retion of the trustees in furtheran¢e of their charitae objeclives. 1.4 Incomlng resour$ Inve8tment incom8 18 acc£Junt•d for on an accruals tosra in the p8riod to %thich it relate8. Donations received by the trust Indude the rdated gift aid credit %there apFIiCae Donats"ons are accounted for when any condit'ons f9r reIpt have been mel and there reasonat4e a55urance of receiFI 1.S Debtors Debtors are rec&¥ae at th&r exwcted setllement amount 1.6 Cash and cash equivalents Cash al bank and cash in hand indudes cash and short term highty liquid Investrnents wth a Short rnalurity ol throe months or less from Ihe date cl aCquw4.on or cyenirKJ of the deFogt or grnilai a¢¢ount 1.7 Creditors Creditors are recolsed vthere the chanty has a wesent otligab'on resulting Irom a past event that wll probaily ie5uII in the Irartsler of fvnd5 to a third party and the arnount due lo setue the oLligation can be measured or estsrnaled rdiatly. Creolors are rKJrmally recognL8ed at their setuement amount after allowng lor any dscounts due 1.8 Resources expended Managernent and adrninistrab.on costs comprise those costs Incurred in running the chanty They have been apporb'oned on the tBsi$ ol b'me sFent ttren tharitai4e actr¥'es, cc61 of raBng funds and governan¢e costs. Grants are included in the financial ststernents when apwoved ty the Injstees and nobfied lo recients. The value ol committed grants unpaid * the year end is accrued. Grants offered th are subject to ntron8 that have not been mel atthe year end are noted as a commitment but not accrued as expenditure Governance costs conssl of those costs assoiied th the overall running of the thanty and meeting stslulory and regulory reqiirements 10-
THE CARRIEJO CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2023 Accounting rKJlicies Icontlnuedl 1.9 Financial instruments Basic financial assets, which indude trade and other recavaNes and cash and bank balances, are initially measured at Iransacb'on price induding transaction costs and are sutrbequenJy Carried al amortised cctsl using the effective interest method unless the arrangement constslutes a finaniing 1raa#j.0n, where the transaction is measured al the present value ol the future receipts d"scounted al a market Tate of Interest. Other financial assets, Induding Investrnents In equity instruments which are not sut6idianes, assooales or jcinl ventures, are iniallY rneasured at lair value. which Is normally the Iransacton price Such assets are sutsequenlly caiiied al fair value and the changes In lair value are recognised in nel incomellexpend'lurel. excepl that investments in equty instruments that ale not put4idy traded and whose fair vu&s cannot be measured reliatly are measure¢J at c(61 less impairment. The Iruslees do not Invest In any comF4ex finanual Instruments. 1.10 Investments Fixed assets inv88tments fepresent listed investments vkn'ch are 8tsted at market valuation, where rnaiket value represents the mid market value on the last trad'ng day before the year end Any unrealised or realised gains arising Irorn Investments are accounted lor In the Slaternenl of Finanaal Acbvilies Crltlcal accountlng estlfflate5 and I1geMentS In the aPIcation of the chanty's accounting poliaes, the trustees are rewired to make ju&Jements. estirnates and assumptions about the carrying amount of assets and Iiatxlilies that are not reatjly apparent from other souices The est'mates and asSoated assumwons ale based on histoncal eXrience and othei factors that are considered to be rdevant Actud iesults may thffer frorn Ihese esbrnates. The esD"mates and underfying assumwons are re¥riewed on an ongoing basis Revisions to accounting e8b"males are reeognised in the period in which the esb.male Is revised where the revision affects only that p8nod, or in the rIOd ol tha reyrdion and futura n0d8 vth•r• the revwon affects t)th c#Jrrant and futuro périods. Donatlons and logacl•s 2023 2022 Macdonald-Buchanan Charrtaile Trust 25,000 25,000 Investments 2023 2022 Incorne frorn listed inveslrnents Interest receivable 1,559 601 1,425 2.160 1,434
THE CARRIEJO CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2023 RalslNJ lunds 2023 2022 Investment management fees 167 165 167 165 Charltable activitles 2023 2022 Grant lundrvJ ol a11'eS (see note 71 Share of governance o)sts (see note 81 19.100 420 19.100 2,700 19,520 21.800 Grants PaYae 2023 2022 Children Disabled General Medical & Research Weffare HosF4e88 1.5QJ 2,100 500 7,500 3,500 4,0th) 1.eoo 9,000 6,500 2,000 19,100 19,100 l ol thè abové Gyants Wéfe paYae to insbtubon$ Support costs Support Governance Costs COStS 2023 2022 Basis of all¢xation Indendent examiner$ fèes Prior year over provision Independent exarninerfs fees Legal and professional 1.200 1.2C 1.980 Govemance Governance 17801 17801 720 Govemance 420 420 2,700 12-
THE CARRIEJO CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2023 Trustees None of the Iruslees lor any persons conneded wth them) reeaved any remunerab"on, tenefits or raMtIsed expenses from the charty during the year. 10 Employees There were no em 0yeeS ¢Juring the year. or the wevious year. 11 Net galns I Ilossesl on Investments 2023 2022 Unrealised gain on revaluation ILe6sI on sde of investments 711 478 710 11,1331 12 Taxatlon Tho charity Y8 exempt frorn taxabon on rt5 a"¥"eS because all rts incxjme is apFlied for CharItae purp88. 13-
THE CARRIEJO CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2023 13 Fixed asset investments Listed investments Cash In portfollo Total Cost or valuation At 30 Novemter 2022 Additions Unrealised gain Realised Ilossl Cash aVailae to imest Disposals 54.600 6,466 711 780 55,380 6,466 711 12151 12151 18,3871 16,3871 At 30 Novemter 2023 55.389 565 55,954 Inveslrnents repfesentlng more than 5% of the F¥xtrolk>s total market value: Inveslrnent Units Market Value % ofTotal Market Valu• Capits Financial Trojan Fil Inveslrnent Services IUKI Ltd JP Mofgan Global Growth Jupler Unit Strategic Bond X M&G Investment Management Murray Income Trust Ws Evenlode &obal F Di8 Ws Evenlode Fund D 6,229 9.930 1,619 6,338 8,620 4,515 17.93% 7,787 14.C6% 1144% 15.% 8.15% 6.942 550 S,722 10.33% 6,246 11.28% 2023 2022 Li$le¢J Investments Cash In inveslrnent w)rtfc4io 55,389 565 54,600 780 55,954 55.380 14 Debtors 2023 2022 Amounts falllng due withln one year: other debtors Prepayments and accrued irorne 10.000 10.000 14-
THE CARRIEJO CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2023 15 Crtrjltors: amounts lalllng due wlthln one year 2023 2022 Accruals and deferred income 2,400 3,870 18 Unre5tr1cted funds The unre51ricled lund5 01 the charrty comprise the unexpended balances of donat'ons and grants which are not subject lo specific conth"on5 ty donors and grantoTr as to how they may be used. These Indude designated funds which have been set a%de out of unralricted (unts ty the trustee8 for speeific wrp)ses. In¢omlng Resources t)ecember resources expended 2022 Galns and losses At30 November 2023 Ggneral funds 74.985 27.160 119,8871 710 83,168 Prevlous year,, In¢oming Resoure t)ecember resources expend 2021 Galns and losses At30 November 2022 General funds 71.649 26,434 121,9651 11,1331 74,985 17 Related paty transxtions Mrs Joanna C Laseelles was also a trustee of the Macdonald-Buthanan Charilat4e Trust, whieh has made donation lo the Cha11ty of £25.000 dunng the year1£25.OLN) in 20221 18 Analys1$ of changes In netfund$ The charity had no malerial detrt (knring Ihe year. 15-
THE CARRIEJO CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2023 19 Cash generated from operlons 2023 2022 Surplus for Ihe year 8,183 3,336 Adjustments for. Investment income recognised in proffil or Ic Loss on diswsal of investments Unrealised gains and Ic6ses on investments 12,1601 11,4341 1,611 14781 Movements in working cakytal.. Ilncreasel in debtots IDecreaselAncrease in eredrtors 110,0001 11,4701 258 Cash labsortd byllgenerated frorn operatlons 16,1 $71 3,293 20 Cash and cash equbvalents 2023 2022 Cash at bank and in hand Ralhbones capital account 19,614 565 23,419 780 20,179 24,199 16-
THE CARRIEJO CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2023 21 Donations made durir•J the year 2023 Age UK Ajzheimerfs Research UK Bowel Disease Research Foundation 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 1.000 500 500 500 500 500 400 500 500 500 400 400 400 500 1,000 500 500 500 500 500 500 500 BREAK Breast Cancer Now Carnbridge WomensA'd Changing Faces East Anglian 'rAMbUlanCe East Anglia s Children's Hosp'ces Erskine Hosptsl Faieshare Fight for Sight Great North Air AmlanCe Service Heath¥ay - The Brain Injury Assoaation Homé- Start Essex in Uttelslord ICVI . The Inslrtute lor Cancer Vaccanes and ImmuTh)therapy Juv8ni18 Diabetes R8s•arch Foundation Lyme Disease Act'on Macmillan Cancer Support Marie Curig Cancer Care MINO Mobility Trust Motor Neurone Oi$e8$eAssociab'on MS Society (Borders Branch) Nat'onal Osleop)rosis Swety RDA (Borders) RDA IEssexl RNIB ITalknng Books) Roy Casde Lung Cancer Foundation Royal Marsden Cancer Royal Trinity St Clare Hospice The Addington Func The Cure par'n$0n'S Tr1 The Reste Associabon The Margaret Keir UTh1 Versus Mhnts's (Previousty Arthr.$ Carel 19.100 17-
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