| Governing | Document | Document | The Charity is |
The Charity is |
governed | governed | by a Declaration | by a Declaration | of Trust dated | |
|---|---|---|---|---|---|---|---|---|---|---|
| 18 May 1998. | ||||||||||
| The Charity's | registered | charity | number | is 1071210. | ||||||
| Trustees | Mrs Sharon Ann Hallmark |
(Chair) | ||||||||
| Mr Nark Allan | Guest | |||||||||
| Mr Peter Roy | Guest | |||||||||
| Mr 3ohn Bruce | Rostron | |||||||||
| Clerk to the | Trustees | Ms Kirsty McEwen |
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| Prinicipal | Office | Higgs LLP |
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| 3 Waterfront | Business | Park | ||||||||
| Brierley Hill |
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| West Midlands | ||||||||||
| DY5 1LX | ||||||||||
| Solicitors | Higgs LLP |
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| 3 Waterfront | Business | Park | ||||||||
| Brierley Hill |
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| West Midlands | ||||||||||
| DY5 1LX | ||||||||||
| Investment | Managers | Rathbones Investment |
Management | |||||||
| 1Temple Row |
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| Birmingham | ||||||||||
| 82 SLG | ||||||||||
| Bankers | CAP Bank Ltd | |||||||||
| 25 Kings Hill |
Avenue | |||||||||
| Kings Hill |
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| West Mailing | ||||||||||
| Kent | ||||||||||
| ME19 4JQ | ||||||||||
| Independent | Examiners | Stephanie Churchill |
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| Churchill Taxation |
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| 835 Birimingham | New | Road | ||||||||
| Tipton | ||||||||||
| West Midlands | ||||||||||
| DY4 BAS |
| Notes | Unrestricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | |||||
| 2023 | 2022 | ||||
| E | 6 | f | |||
| Income resources: | |||||
| Income resources from |
|||||
| generated funds |
58,415.86 | 58,415.86 | 55,488 | ||
| Total incoming resources |
58 415.86 | 58 41~.86 | 55488 | ||
| Resources expended: | |||||
| Cost of generating funds |
12,942.12 | 12,942.12 | 13,410 | ||
| Charitable activities |
64 543.81 | 64 543.81 | 54 372 | ||
| Cost of grant making |
77,485.93 | 77,485.93 | 677782 | ||
| Governance costs |
12 940.25 | 12 940.25 | 12690 | ||
| Total resources expended | 90,426.18 | 90426.18 | 80 472 | ||
| Net (outgoing)/incoming | |||||
| resources before other |
|||||
| recognised gains and losses |
(32,010.32) | (32,010.32) | (24,984) | ||
| Realised gains/(losses) | on | ||||
| investment assets |
12,505.71 | 12,505.71 | 185 | ||
| Unrealised gains/(losses) |
on | ||||
| investment assets |
(113,761.56) | (113,761.56) | 128,412 | ||
| Net movement in funds |
|||||
| Reconciliation offunds |
|||||
| Total funds brought forward |
1 918644.41 | 1 918 644.41 | 1 815 032 | ||
| Total funds carried forward | 1 785 378.24 | 1785 378.24 | 1918645 |
| Notes | Unrestricted | Total Funds | ||||
|---|---|---|---|---|---|---|
| Funds | ||||||
| 2023 | 2022 | |||||
| f | f | |||||
| Fixed Assets | ||||||
| Investments | 1,750,241.74 | 1,750,241.74 | 1,883,288 | |||
| Total Fixed Assets | 1750 241.74 | 1750 241.74 | I 883 288 | |||
| Current Assets | ||||||
| Cash with bank | 37,888.50 | 37,888.50 | 38,007 | |||
| Debtors | ||||||
| Total current assets | 37 888.50 | 37888.50 | 38007 | |||
| Liabilities | ||||||
| Creditors falling |
due within | one | ||||
| year | 2,752.00 | 2,752.00 | 2,650 | |||
| Net current assets | 35 136.50 | 35 136.5~ | 35 357 | |||
| 7 1 I I I |
1II | II50 | 178537824 | 178537824 | 1918645 | |
| Creditors falling |
due after | more | ||||
| than one year | ||||||
| Net assets | I 785 378.24 | I 785 378.24 | I918645 | |||
| The funds ofthe Charity | ||||||
| Unrestricted income funds |
I 785 378.24 | I 785 378.24 | I 918645 | |||
| Total Charity funds | I 785 378.24 | I 785 378.24 | I918645 |
| 6. | Governance | costs | |||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| 6 | |||||||
| Independent | examination | fee | 480 | 432 | |||
| Bank charges | 108 | 108 | |||||
| Legal fees: Administration | 6,750 | 8,875 | |||||
| Accounts | preparation | 3,102 | 1,250 | ||||
| VAT | 2 500 | 2 025 | |||||
| 12940 | 12 690 | ||||||
| 7. | Fixed asset | investments | |||||
| Movement in fixed | asset investments | ||||||
| Market value | as at 5 | April | 2022 | 1,883,288 | 1,706,223 | ||
| Additions to |
investments | at cost | 247 | 113,311 | |||
| Disposals at carrying value Net ga.'n/(loss) on revaluation |
(25,187) ~113762 |
(64,658) 128412 |
|||||
| Market value | as at 5 | April | 2023 | 1 744 586 | 1883 288 | ||
| Investments | at market | value | comprised: | ||||
| 2023 | 2022 | ||||||
| 6 | |||||||
| Equities | 1,400,985 | 1,579,960 | |||||
| Fixed interest | securities | 117,326 | 238,264 | ||||
| Alternatives | 226 275 | 65 064 | |||||
| Total | 1744 586 | 1883288 | |||||
| 8. | Analysis of |
current | liabilitites | and long term creditors | |||
| Creditors under 1 year |
|||||||
| Legalfees | 2,302 | 2,650 | |||||
| VAT thereon | 450 | ||||||
| 2 7'2 | 2 650 |