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2023-04-05-accounts

Page
Reference and administrative information
Trustees'
report		 2 —5
Independent
auditor's		 report 6 —8
Statement
offinancial		 activities
Balance sheet 10
Notes to the accounts 11 —19
Pages that do not form part of the statutory accounts
Reconciliation
offunds		 20 —21

Total Funds Total Funds
Restricted Restricted
2023 2022
Notes 6 8
Income and endowments from:
Investment
income		 314,874 308,054
Total 314,874 308,054
Expenditure on:
Raising funds (126,147) (96,681)
Charitable
activities		 (218,192) (494,966)
Total (344,339) (591,647)
Net (expenditure)/income before other
recognised gains/(losses) (29,465) (283,593)
Realised and unrealised gains/(losses)
on investment assets and investment property (54,966) 225,848
Net income/(expenditure) &net movement (84,431) (57,745)
in funds for the year
Reconciliation
offunds
Total funds brought
forward		 8,049,849 8,107,594
Total funds carried forward 7,965,418 8,049,849

2023 2022
6 F
Notes
Fixed assets
Investment property 5,360,000 5,330,000
Investments 2,603,957 2,736,179
7,963,957 8,066,179
Current assets
Debtors 7 16,799 27,402
Cash at bank and in hand 43,298 327,836
60,097 355,238
Liabilities
Creditors due within one year 8 (58,636) (371,568)
Net current assetsl (liabilities) 1,461 (16,330)
Net assets 7,965,418 8,049,849
The funds ofthe charity
Restricted funds:
Income 105,921 85,276
Capital 7,859,497 7,964,573
Total charity funds 7,965,418 8,049,849

Total Funds Total Funds
Restricted Restricted
2023 2022
6
Rental income UK 234,956 225,644
Other income (investment) 79,918 82,410
314,874 308,054

Total Funds Total Funds
Restricted Restricted
2023 2022
E E
Rental expenses - repairs 27,506 32,493
Rental expenses - service charges 16,352 14,134
Rental expenses - council tax 39 763
Rental expenses - agents fees 60,595 24,973
Rental expenses - insurance 6,263 6,889
110,755 79,252
Bank charges 60 60
Portfolio management
charges		 15,332 17,369
126,147 96,681

Total Total
funds funds
Grants paid 2023f 2022f
The Royal Masonic Hospital 8,650 21,850
The Princess Louise Scottish Hospital (Erkine Hospital) 17,300 43,700
St John's Ambulance Brigade 8,650 21,850
Guide Dogs For The Blind 34,600 87,400
Battersea Dogs Home 34,600 87,400
People's Dispensary For Sick Animals 25,950 65,550
Royal National
Lifeboat Institutions		 43,250 109,250
173,000 437,000
Trust administration fees 35,779 49,636
Auditors
remuneration		 - audit offinancial statements 4,500 4,500
-other non-audit services 4,913 3,830
218,192 494,966

valuation
resulted
in the surplus
on revalua		 valuation
resulted
in the surplus
on revalua		 tion
ofE30,000.
Investment
properties
compdse:		 2023 2022
E E
Clarendon
Grange
Probate value 400,000 400,000
Improvements
at cost		 427,482 427,482
Revaluation
as at October 2016		 (77,482) (77,482)
Revaluation
as at May 2019		 275,000 275,000
Subtotal at valuation 1,025,000 1,025,000
7Cedar Court, Cambridge at valuation 335,000 335,000
8Cedar Court, Cambddge at valuation 335,000 335,000
9StPaul's Walk, Cambridge at valuation 590,000 590,000
16Beaulands Close, Cambridge at valuation 275,000 275,000
21 Cedar Court, Cambridge at valuation 335,000 335,000
4 Garden
Court, Cambridge		 at valuation 325,000 325,000
8 Garden
Court, Cambridge		 at valuation 325,000 325,000
5Cedar Court, Cambddge at valuation 335,000 335,000
86York Terrace, Cambddge at valuation 265,000 265,000
3Cedar Court, Cambridge at valuation 335,000 335,000
2 Salmons Lane, Middleton Cheney at valuation 880,000 850,000
5,360,000 5,330,000

Investments
Movement
in fixed asset investments		 2023 2022
Total Total
Close Brothers Portfolio 6 8
Market value as at6 April 2022 2,736,179 2,801,834
Additions
at cost		 24,280
Disposals at carrying value (80,991) (185,257)
Revalutions (84,966) 225,848
Cash movements 33,735 (130,526)
Market value at 5 April 2023 2,603,957 2,736,179
2023 Investments
at market value comprise		 2023
UK Overseas Total
Close Brothers portfolio 6 5 8
Capital account 89,015 89,015
Income account 17,520 17,520
Shares and unit trusts 1,226,087 1,226,087
Convertible
loan stock		 158,284 158,284
Foreign stock 1,113,051 1,113,051
Total 1,490,906 1,113,051 2,603,S57
2022 Investments
at market value comprise
2022
Close Brothers portfolio UK
6		 Overseas
8		 Totalf
Capital account 73,238 73,238
Income account
Shares and unit trusts 1,218,537 1,218,537
Convertible
loan stock		 294,750 294,750
Foreign stock 1,149,654 1,149,654
Total 1,586,525 1,149,654 2,736,179

7. Debtors
2023f 2022
6
Other debtors 11,781 19,969
Prepayments 5,018 7,433
16,799 27,402
8. Creditors
2023 2022
8 8
Accruals and deferred income 56,329 371,568
54,022 371,568
9. Summary offunds —2023
Fund Investment Fund
B/fwd Income Expenditure Gains c/fwd
8 8 8
Restricted fund:
Income 85,276 314,874 (294,229) 105,921
Capital 7,964,573 (50,110) (54,966) 7,859,497
Total 8,049,849 314,874 (344,339) (54,966) 7,965,418
Summary offunds —2022
Fund Investment Fund
B/fwd
f		 Income
8		 Expenditure
8		 Gains
8		 c/fwd
8
Restricted fund:
Income 309,756 308,054 (532,534) 85,276
Capital 7,797,838 (59,113) 225,848 7,964,573
Total 8,107,594 308,054 (591,647) 225,848 8,049,849

Analysis o f net assets between funds
Total Funds Total Funds
Restricted Restricted
2023 2022
6 E
Investment property 5,360,000 5,330,000
Fixed asset investments 2,603,957 2,736,179
Current assets 60,097 355,238
Creditors due within one year (58,636) (371,568)
7,965,418 8,049,849

Categoris ation
offinancial		 instrument s
2023 2022f
Financial assets that are debt instruments measured at 55,739 332,605
amortised cost
Financial assets measured at fair value through income and 2,603,957 2,736,179
expenditure
account
2,659,696 3,068,784
Financial liabilities that are at amortised cost 56,329 371,568
56,329 371,568
Items ofincome, expense, gains or losses
Income Expenditure Net gains I Net losses
(loss)
2023
I-inanctal assets measured at 39
amortised cost
Financial assets measured at fair 79,918 15,332 (84,966)
value through
income and expenditure
account
Financial liabilities measured at
amortised cost
79,918 15,371 84,966
Income Expenditure Net gains Netlosses
6 E 6 6
2022
Financial assets measured at 60
amortised cost
Financial assets measured at fair 82,410 17,369 225,848
value through
income and expenditure
account
Financial liabilities measured at
amortised cost
82,410 17,429 225,848

Income Capital Restricted
account account Fund
Notes 2023
6		 2023
F		 2023f
Total funds brought forward 85,276 7,964,573 8,049,849
Income and endowments from:
Investment
income		 2 314,874 314,874
Total 314,874 314,874
Expenditure on:
Raising funds 3 (106,105) (20,042) (126,147)
Charitable
activities		 4 (15,124) (30,068) (45,192)
Grants paid 4 (173,000) (173,000)
Total (294,229) (50,110) (344,339)
Net (expenditure)/income before other
recognised gains/(losses) 20,645 (50,110) (29,465)
Realised
and		 unrealised gains/(losses)
on investment assets and investment property (54,966) (54,966)
Net income/(expenditure) &net movement 20,645 (105,076) (84,431)
in funds for the year
Total funds carried forward 105,921 7,859,497 7,965,418

Income Capital Restricted
account account Fund
2022 2022 2022
Notes 6 6 6
Total funds brought forward 309,756 7,797,838 8,107,594
Income and endowments from:
Investment
income		 2 308,054 308,054
Total 308,054 308,054
Expenditure on:
Raising funds 3 (76,212) (20,469) (96,681)
Charitable
activities		 4 (19,322) (38,644) (57,966)
Grants paid 4 (437,000) (437,000)
Total (532,534) (59,113) (154,647)
Net (expenditure)/income before other
recognised gains/(losses) (224,480) (59,113) 153,407
Realised and unrealised gains/(losses)
on investment assets and investment property 225,848 225,848
Net income/(expenditure) & net movement (224,480) 166,735 379,255
In funds for the year
Total funds carried forward 85,276 7,964,573 8,049,849