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||Page|
|---|---|
|ReferenceandAdministrativelnformation||
|Trustees'report|2-4|
|lndependentexamineisreport|5|
|Statementoffinancial activities|6|
|Balance sheet|7|
|Notes to the accounts|8-15|
|Trustees|Robert Alexander Dickinson|
|---|---|
||Gordon Robinson|
|Charity number|1080938|
|Principal address|c/o Womble Bond Dickinson (UK)LLP|
||TheSpark|
||Draymans Way|
||Newcastle Helix|
||NewcastleuponTyne|
||NE4 sDE|
|lndependent examiner|Philip Holt FCA FCIE|
||High Park Farm|
||Kirkbymoorside|
||York|
||YO62 7HS|
|Bankers|Lloyds BankPlc|
||102 Grey Street|
||NewcastleuponTyne|
||NE99 l SL|
|Solicitors|WombleBond Dickinson (UK)LLP|
||TheSpark|
||Draymans Way|
||Newcastle Helix|
||NewcastleuponTyne|
||NE4 sDE|
|lnvestment advisors|WombleBondDackinsonWealthLimited|
||TheSpark|
||DraymansMhy|
||Newcastle Helix|
||NewcastleuponTyne|
||NE4 sDE|
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|||Unrestricted Endowment|Unrestricted Endowment|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|2022|2021|
||Notes|TE||f,|e|
|lncomino resources tromoeneratedfunds||||||
|lnvestment income||40,073||40,073|32,726|
|Totalincoming resources||40,073||40,073|32,726|
|Resources exoended|3|||||
|Costsofgeneratingfunds||||||
|lnvestmentmanagement costs||5,796||5,796|5,680|
|Charitableactivities||||||
|Granlspayable||25,000||25,000|26,000|
|Governance costs||5,375||5,375|4,069|
|Totalresourcesexpended||36,171||35,171|35,749|
|Netincoming/(outgoing) resources||3,902||3,902|
(3,023)|
|Otherrecognised gainsandlosses
Gains on investment assets|||59,682|59,682|208,629|
|Netmovementinfunds||3,902|59,582|63,584|205,606|
|Fund balances at6April2021||20,425|878,803|899,228|693,622|
|Fund balances at 5April2022||::a|11'*|T1',"|8SS,228|
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||||2022|2021||
|---|---|---|---|---|---|
||Notes|E|E|L|t|
|Fixedassets||||||
|lnvestments|7||930,704||I76,8'tI|
|Currentassets||||||
|Debtors|8|6,309||4.548||
|Cash at bank and in hand||26,627||'18,666||
|||32,935||23,214||
|Creditors: amounts fallingduewithin
oneyear|I|(828)||(804)||
|Netcurrentassets|||32,108||22,410|
|Totalassetslesscurrentliabilities|||11'"||89S,228|
|Capitalfunds||||||
|Endowment funds|||938,485||878,803|
|lncomefunds||||||
|lJnrestricted funds|||24,327||20,425|
||||962,812||899,228|
|Theflnancialstatements were approvedbythe Trusteeson sf,zft-y-||||||
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|||2022l|2021
E|
|---|---|---|---|
|lncome|fromlisted investments|40,073|32,700|
|lnterest|receivable||26|
|||40,073|32,726|
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|Totalresourcesexpended|||
|---|---|---|
||2022|2021|
||€|E|
|Costsofqenerating funds|||
|lnvestment management costs|5,796|5,680|
|Charitable activities|||
|Grant funding of activities|25,000|26,000|
|Governance costs|5,375|4,069|
|Total|36,171|35,749|
|Governancecosls comprise:|||
|WombleBond Dickinson (UK) LLP Fees|4,523|3,240|
|lndependent Examiner's Fees|452|829|
||5,375|4,069|
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|Grantspayable|||
|---|---|---|
||2022f|2021
e|
|Grantstoinstitutions(9grants):|||
|Church of St Mary The Virgin|5,000|5,000|
|Northern Counties Children's Benevolent Society|5,000|5,000|
|St Oswald's Hospice|2,500|2,500|
|The Percy Headley Foundation|2,500|2,500|
|The Outward Bound Trust|2,000|2,000|
|lMacmillanCancer Support|2,000|2,000|
|Great NorthAirAmbulance|2,000|2,000|
|NorthumbraaCalver Trust-Kielder|2,000|2,000|
|lvlarieCurie||2 000|
|Blyth Star Enterprises||500|
|Rainbow Trust|2,000||
|Headway||500|
||1tI|111|
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|Fixed assetinvestments|||
|---|---|---|
||2022|2021|
||c|e|
|lvlarketvalueat6April2021|876,8'18|667,'170|
|Acquisitions at cost||19,441|
|Disposal at market value|(3,s25)|(20,693)|
|Net gains /(losses) on investment assets|59,682|208,629|
|Cash movement during theyear|(2,2711|2,271|
|Market valueat5April2022|,a*|876,818|
|Historicalcost
At5Aprii|775,245|':!'|
|Netgains/(losses) on investments|||
|Gains/(losses) on disposal of share investment assets|259|(3,601)|
|Gains/(losses) on revaluation of share investment assets|59,423|205,O28|
||ilY|208,629|
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||2022|2022|2021|2021|
|---|---|---|---|---|
||t|||%|
|UKEquity|654,343|70.31|644,225|73.47|
|L,KSmall CapitalEquity|89,748|9.64|62,397|7.12|
|European Equity|75,724|a-'14|67,126|7.66|
|MoneylVarket cash|25,318|2.83|18,943|2.16|
|OverseasEquity|68,585|7.38|54,572|6.22|
|Cash|||2,271|0.26|
|Otherassets|15,886|'1.70|27,284|3.11|
||930,704|100.00|876,818|'100.00|
|8|Debtors||2022
t|2021t|
|---|---|---|---|---|
||Dividends|due|6,309|4,548|
|9|Creditors:|amounts fallingduewithinoneyear|?o22|2021|
|||||E|
||Accruals||828|804|
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|Financialinstruments|||
|---|---|---|
||Total|Total|
||2022|2021|
||€|c|
|Financial assets measuredatfair value|930,704|474,547|
|Financial assets measuredatamortised cost|26,627|20,937|
||11'"|11'*|
|Carrying amountoffinancial liabilities|||
|Financial liat ilities measured at amortised cost||804|
|Financialassetsmeasuredatfair value comprise fixed assets investments|||
|Financialassetsmeasured at amortised cost comprise cashatbank.|||
|11|Analysisof netassetsbetweenfunds|Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|
|||funds
E|funds
e|2022
e|2021t|
||Fund balances at5Aptll2022arcrepresentedby:|||||
||lnvestments||930,704|930,704|874,U7|
||Cunentassets|25,'155|7,7A1|32,936|25,485|
||Credators:amounts falling due within oneyear|(828)||(828)|(804)|
|||:,'*|T"r|T1'"|I1',*|
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|Statementof unrestricted fu|nds-current|year||||
|---|---|---|---|---|---|
|||Balance at|||Gains/Balanceat|
||6|April2021
€|lncome Expenditure
EE||(Losses)5April2022
ft|
|Endowment funds||878,803|||59,682
938,485|
|Unrestricted funds||20,425|40,073|(36,171)|24,327|
|||It'"|l1'^|(36,17r)|952,8't2
,682
59|
||||Balance at|||Gains/Balance at|
|---|---|---|---|---|---|---|
|||6|April 2020l|lncome
f
Expenditure
r||(Losses)5April2021
IL|
|Endowment|funds||670,174|||208 629
I78,803|
|Unrestricted|funds||23,448|32726|(35,749)|20,425|
||||u:t:|32,726|(35,749)|,:t:
899,228|
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