2021-04-05-accounts - The Philip Marsden Family Charitable Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Austin Philip Marsden	Austin Philip Marsden
Valerie Judith Sloan Marsden
Angus Austin Hodgart		Marsden
Rory John Roberts Marsden
Pollyanna Cathryn	Jape Marsden-Mallalieu
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS
Handelsbanken
London West End	Branch
3rd Floor
86 Jermyn Street
London
SW1Y6JD
Handelsbanken Wealth Management
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS
Mrs KWhiley
BKM Accounting	Services
5Ashdown Chase
Nutley
East Sussex
TN22 3LY
1083247

				Unrestricted	Expendable	Total	Total
				Income	endowment	this year	last year
			Note	FundI	Fund K	2021 K	2020
Income resources
Voluntary income Donations					240,000	240,000	111,400
Tax refund due on giR aid					60,000	60,000	25,000
Investment income							8,150
Total incoming resources					300,000	300,000	144,550
Resources expended
Cost ofgenerating funds
Investment management	costs				1,766	1,766	940
Charitable activities
Grants made				110,048		110,048	92,820
Governance cost				4,471		4,471	3,015
Total resources expended				114519	1,766	116,285	96,775
Net incomingl(outgoing)	resources			(114,519)	298,234	183,715	47,776
before transfers
Gross transfers between	funds			159784	~159784
Net income/(outgoing)	resources before			(13,735)	197,450	183,715	47,776
other recognised gains	and losses
Other recognised gains	and losses
Realised (Losses)/gains	on investment	assets	5		35,147	35,147	4,949
Unrealised (losses)/gains	on investment	assets	6		39,644	39,644	(71,944)
Net movements in funds				13,735	272 240	258505	19,219
Fund balance brought forward at 6 April		2020		13,735	253,119	266,854	286,073
Fund balance carried forward at 5April 2021					525 359	52~ 359	266.854

				Total	Total
			Note	this year	last year
				2021	2020
Fixed assets
Investment at market value				138,317	133,330
Current assets
Debtors					25,000
Cash at Handelsbanken				97,771	22,195
Cash at Heartwood				295,890	88,961
Creditors: amounts	falling	due within one year		(6,619)	(2,632)
Net current assets				387 843	133,524
Total assets less current liabilities				525,359	266,854
Funds
Expendable endowment		fund (page 7)		525,359	253,119
Unrestricted income	fund	(page 7)			13,735
				525,359	266,854

						2021	2020
						8	F
1	Donations received
	Cash receipts not qualifying			for gift	aid:
	Ridgeway Partners						11,400
	Cash receipts qualifying		for	gift aid:
	Philip Marsden					138,000	50,000
	Valarie Marsden					102,000	50,000
						240,000	111,400
	Shares:
2	Investment income
	Dividends						8,150
	CAF interest
						0	8,150
3	Grants made
	MS Society					20,000	5,000
	Hampstead Theatre					822	822
	Royal Academy ofArts					4,000	750
	StAndrews University					100	100
	Royal Horticultural Society					4,280	4,280
	MS Society					5,000	330
	The Chelsea Physic Garden					77	75
	Cardinal Hume Centre					12,000	5,000
	Future Talent					225	1,100
	The Hepworth Wakefield					350	350
	St Benet's Hall					60,000
	Justgiving					350	500
	The Company of Merchant			Adventu	res ofthe City ofYork	844	860
	Waltham Forest Migarant		Action			500
	Enthuse					1,000
	University ofSheffield					400
	Mencap					100
	The Ridings Community		Foundation				2,000
	Target Ovarian Cancer						100
	Alzheimer's Research	UK					440
	Youth 2000 Charitable	Trust					1,050
	University ofYork						100
	Lifeboats						500
	Alzheimer's Research	UK					100
	MSA Trust						550
	Royal Marsden Cancer						14,000

5	Realised (Losses)/gains		on investment	on investment	on investment	on investment	on investment	assets	assets	assets
	Disposal of Premier Oil					Shares			No.		Mkt Value			Proceeds	Realised
															Gain/(loss)
	Held at 6/4/20						280,288					69,313
	Sold 19/06/20						(140,144)					(34,657)		69,803	35,147
	Held at 5/4/21						1411,144					34657
										Net	gain/(loss)		on revaluation		39,663
															74810
6	Fixed asset investments													2021f	2020I
	Market value
	Carry (market) value at beginning				of		year							133,330	255,775
	Add Additions at cost														49,749
	Less disposals at carry value Add/(deduct) net gain/(loss) on revaluation								(includes		realised gains)			(69,803) 74,790 '	(105,199) ~166,995
	Carry (market) value at end			ofyear										138,317	133,330
7	Analysis ofInvestment
														Mkt Value	Mkt Value
														at year end	at year end
	Investment Assets
	100,00 Premier			Oil Ordinary				Shares							69,313
	250,000 Lloyds			Banking		Group			Pic	Ordinary		Shares			64,018
	250,000 Lloyds Banking		Group Pic			Ordinary			Shares					106,925
	140,144 Premier Oil Ordinary													31,392
	Total													138,317	133,330
	The historic cost ofthese		investment				was F187,149				(2020 - 6212,024)
8	Debtors
	Outstanding HMRC gift	aid		refunds											25,000
															25,000
9	Creditors: amount falling			due within one					year
	Independent		examination				fees for 2019/20								400
	Accountancy		fees (Heartwood)						- for	2019/20				1,926	1,926
	Preparation	ofAnnual			Return			2020						306	306
	Independent examination		fees											400
	Accountancy fees (Heartwood)													2,742
	Preparation ofAnnual Return 2021													351
	2020 GIR Aid tax claims		and	assisting			with		independent			examination		894
														6,619	2.632
											13