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2022-09-30-accounts

RegisteredNo: 1075413
PrincipalAddress: C/oRathboneInvestmentManagement,PortofLiverpoolBuilding,
PierHead,LiverpoolL3INW
Trusteeswho RobertWallaceHamQC(Chair)
servedduringthe OlwenMairWhitty
year: JamesFrancisStewartPreece
AndrewTimothyMorris
Solicitors& AddleshawGoddard,3SovereignSquare,SovereignStreet
Administrators: LeedsLS14ER
Accountancy: RathboneTrustCompanyLimited,PortofLiverpoolBuilding,
PierHead,LiverpoolL31NW
IndependentExaminer: KerryClayton,c/oPortofLiverpoolBuilding,PierHead,Liverpool,
L31NW
Bankers& RathboneInvestmentManagementLimited,PortofLiverpoolBuilding,
InvestmentManagers PierHead,LiverpoolL31NW

Statementoffinancialactivities
Unrestricted Unrestricted
Funds Funds
Total Total
2022 2021
£ £
Notes
Incomefrom:
Investments 4 127,092 127,423
TotalIncome 127,092 127,423
Expenditureon:
Raisingfunds 5 16,005 15,076
Charitableactivities 6 138,728 139,672
TotalExpenditure 154,733 154,748
Netgains/(losses)oninvestments 9 (130,513) 431,613
Netmovementinfunds (158,155) 404,289
Reconciliationoffunds
Balancebroughtforwardat1October2021 3,989,429 3,585,140
Balancecarriedforwardat30September 2022 3,831,274 3,989,429

BalanceSheetat30September2022
Unrestricted Unrestricted
Funds Funds
Total Total
2022 2021
£ £
Notes
FixedAssets
InvestmentsatMarketValue 9 3,663,446 3,849,163
3,663,446 3,849,163
CurrentAssets
Debtor 10 37,695 2,932
Cashatbankandondeposit 11 140,042 178,202
TotalCurrentAssets 177,737 181,134
Liabilities
Creditors:amountsfallingduewithin
oneyear 12 9,909 40,868
NetCurrentAssets/(Liabilities) 167,828 140,266
TotalNetAssetsat30September2022 3,831,274 3,989,429
FundsoftheCharity
TotalUnrestrictedFunds 3,831,274 3,989,429
Fundsat30September2022 3,831,274 3,989,429
ApprovedbytheBoardofTrusteesandsignedonitsbehalfby:

Investmentincome 2022 2021
£ £
UKEquities 72,092 73,795
UnitTrustIncome 23,104 14,953
UnitTrustInterest 6,841 3,854
REIT 4,495 5,863
Overseas 22,835 31,190
Nonreclaimabletaxdeductedatsource (2,579) (2,232)
BankInterest 304 0
127,092 127,423

NotestotheAccounts
5Raisingfunds 2022 2021
£ £
InvestmentManagementfees 16,005 15,076
6Charitableactivities 2022 2021
£ £
Grantmaking:
Donationsmade-Gray'sInn 130,000 130,000
Governancecosts(note7) 8,728 9,672
138,728 139,672
7 Governancecosts 2022 2021
£ £
Accountancyandcompliancefees 3,960 3,840
IndependentExaminationfees 660 630
Solicitorsfees 4,108 5,202
8,728 9,672

9 Investments Valueat Purchases Sales Realised Unrealised Valueat
30/09/2021 atcost proceeds Gains/(losses) Gains/(losses) 30/09/2022
£ £ £ £ £ £
Listed:
FixedInterest 205,127 (81) 20,234 (1,776) (39,170) 143,866
InvestmentTrusts&
PropertyFunds 458,829 0 0 0 (54,979) 403,850
Overseas 1,658,400 46,833 84,654 (10,642) (6,129) 1,603,808
UKEquities 1,432,660 227,760 224,828 (2,932) (28,889) 1,403,771
Commodities 94,147 0 0 0 14,004 108,151
3,849,163 274,512 329,716 (15,350) (115,163) 3,663,446

NotestotheAccounts
10Debtor 2022 2021
£ £
Investmentincomereceivable 0 2,932
Proceedsofsalereceivable 37,695 0
37,695 2,932
11CashatBank andonDeposit 2022 2021
£ £
RathboneInvestmentManagement 140,042 178,202
140,042 178,202
12Currentliabilities 2022 2021
Creditors:Amountsfallingduewithinoneyear: £ £
Investmentacquisition 0 36,398
AddleshawGoddard 819 0
RathboneTrustCoLtd 7,800 3,840
IndependentExaminer 1,290 630
9,909 40,868
13FinancialInstruments 2022 2021
£ £
Carryingamountoffinancialassets
Debtinstrumentsreceivablewithinoneyear
-Debtor 37,695 2,932
-Cash 140,042 178,302
140,042 181,234
Carryingamountoffinancialliabilities
Payablewithinoneyear
-Creditors 9,909 40,868
InstrumentsmeasuredatfairvaluethroughSOFA
Investmentsatvalue 3,663,446 3,849,163

Unrestricted Unrestricted
Funds
Funds
2022 2021
£
£
Investmentmanagementfees 16,005 15,076
16,005 15,076