| RegisteredCharityNo | 1086368 |
|---|---|
| GoverningInstrument | TrustDeeddated8December1997 |
| Trustees | RLMcLean |
| SGKleinwortHambrosTrustCompany(UK)Limited | |
| DirectorsofSGKleinwortHambros | RachelIles |
| TrustCompany(UK)Ltd | GeorgeRyan |
| DavidBromley | |
| DelythRichards | |
| PrincipalOffice | OneBankStreet,CanaryWharf,LondonE144SG |
| BankersandInvestmentManagers | SGKleinwortHambrosTrustCompany(UK)Limited |
| OneBankStreet,CanaryWharf,LondonE144SG | |
| IndependentExaminers | SamanthaRouseFCCADChA,KrestonReevesLLP |
| 37StMargaret'sStreet,Canterbury,KentCT12TU |
| TheTrusteeshaveidentifiedthefollowing | risks: |
|---|---|
| Riskidentified | Action takentomitigatetherisk |
| -Investmentsdonotdeliversufficient | -TheTrusteeshaveappointedaprofessionalfirmto |
| return/willdropinvalue. | managetheinvestmentsandtheperformanceisreviewed |
| twiceayearbyKHInvestmentSupervision. | |
| -FundsarenotappliedastheTrustees | -Allsuccessfulapplicantsarerequiredtoreportbackonthe |
| intend. | expenditureoffunds. |
| -Trusteerisksarenotsufficientlyidentified | -TheTrusteesmaintainaRegisterofInterestswhichis |
| /managed. | regularlyreviewedanddeclareanypotentialconflictsof |
| interest. |
| Note | Unrestricted | Expendable | Expendable | Total | Total | |||
|---|---|---|---|---|---|---|---|---|
| Fund | Endowment | 2023 | 2022 | |||||
| £ | £ | £ | £ | |||||
| Income | ||||||||
| Investments: | ||||||||
| InvestmentIncome | 2 | 64,553.34 | - | 64,553.34 | 54,589.66 | |||
| TotalIncome | 64,553.34 | 2 | 64,553.34 | 54,589.66 | ||||
| Expenditure | ||||||||
| Costofraisingfunds: | ||||||||
| SGKHInvestment | ||||||||
| ManagementFee | , | 5 | - | 39,277.57 | 39,277.57 | 41,700.22 | ||
| Expenditureoncharitableactivities: | ||||||||
| Donations | 4 | 40,520.00 | - | 40,520.00 | 44,386.00 | |||
| SupportCosts | 3&6 | 20,960.00 | - | 20,960.00 | 16,800.00 | |||
| TotalExpenditure | 61,480.00 | 39,277.57 | 100,757.57 | 102,886.22 | ||||
| NetIncome/(Expenditure) | before | 3,073.34 | - | (39,277.57) | (36,204.23) | (48,296.56) | ||
| Gains/(Losses)onInvestments | ||||||||
| Realised(Losses)/Gains | 7 | - | (75,401.06) | (75,401.06) | 16,567.15 | |||
| Unrealised(Losses)/Gains | 7 | - | (123,693.83) | (123,693.83) | 109,937.70 | |||
| Gains/(Losses)onForeign | Exchange | - | 5,951.03 | 5,951.03 | 2,061.31 | |||
| BookCostAdjustment | ° | (518.78) | (518.78) | 2 | ||||
| - | (193,662.64) | (193,662.64) | 128,566.16 | |||||
| NetMovementinFundsintheYear | 3,073.34 | (232,940.21) | (229,866.87) | 80,269.60 | ||||
| Funds | ||||||||
| At5April2022 | 1,829,658.68 | 1,641,574.44 | 3,471,233.12 | 3,390,963.52 | ||||
| NetMovementofResourcesintheYear | 3,073.34 | (232,940.21) | (229,866.87) | 80,269.60 | ||||
| At5April2023 | 1,832,732.02 | 1,408,634.23 | 3,241,366.25 | 3,471,233.12 |
| Note | 2023 | 2022 | |||
|---|---|---|---|---|---|
| £ | & | £ | |||
| FixedAssets | |||||
| Investments | 7 | 3,226,148.84 | 3,457,665.81 | ||
| CurrentAssets | |||||
| CashatBank | 85,861.19 | 84,919.96 | |||
| 85,861.19 | 84,919.96 | ||||
| CurrentLiabilities | |||||
| Creditors,amountsfallingdue | |||||
| withinoneyear | 9 | 70,643.78 | 71,352.65 | ||
| NetCurrentAssets | 15,217.41 | 13,567.31 | |||
| AssetslessCurrentLiabilities | 3,241,366.25 | 3,471,233.12 | |||
| CapitalFund | |||||
| ExpendableEndowment | 1,408634.23 | 1,641,574.44 | |||
| IncomeFund | |||||
| UnrestrictedFund | 1,832,732.02 | 1,829,658.68 | |||
| 3,241,366.25 | 3,471,233.12 |
| Digitallysigned | |||
|---|---|---|---|
| byBradley WALDEN Date: 2024.01.30 08:35:22Z |
Sia | Digitallysigned byScottRICE Date: 2024.01.30 14:38:27Z |
|
| DY) | (-l0 | ||
| SG | KleinwortHambrosTrustComapany | (UK) | Limited |
| 2 | InvestmentIncome | 2023 | 2022 | |
|---|---|---|---|---|
| £ | £ | |||
| IncomefromUKListedSecurities | 62,700.96 | 54,589.66 | ||
| BankInterest | 1,852.38 | - | ||
| 64,553.34 | 54,589.66 |
| 3 | SupportCosts | 2023 | 2022 | ||
|---|---|---|---|---|---|
| £ | £ | ||||
| CorporateTrustee'sFee | 16,800.00 | 16,800.00 | |||
| 16,800.00 | 16,800.00 | ||||
| 4 | CharitableActivities | ||||
| Duringtheyearto5April2023thecharitymadegrantstotalling£40,520.00(2022:£42,586.00). | |||||
| Grantsarelistedbelow. | |||||
| 2023 | 2022 | ||||
| £ | £ | ||||
| Children'sProjects | |||||
| AmazingKidsClub | 2,300.00 | - | |||
| KidsOutUK | - | 2,520.00 | |||
| KineticScienceFoundation | 3,000.00 | 1,554.00 | |||
| TheLiteracyPirates | - | 3,000.00 | |||
| ThePeterPanCentreforChildrenwithSpecialNeeds | 1,850.00 | - | |||
| Youth | ; | ||||
| Balloons | 2,000.00 | - | |||
| BerkshireYouth | - | 2,500.00 | |||
| ECPATUK | 2,000.00 | - | |||
| Emerge | 3,000.00 | - | |||
| FramlinghamAreaYouthActionPartnership | 2,000.00 | - | |||
| TheBreckFoundation | 5,000.00 | - | |||
| Education | |||||
| ScottishOutdoorEducationCentresAssociation | 1,000.00 | - | |||
| VilliersParkEducationalTrust | - | 3,000.00 | |||
| Other | |||||
| AimingHigher | 270.00 | . |
- | ||
| BoxesofBasics | - | 2,500.00 | |||
| Catch22 | 1,600.00 | 2,000.00 | |||
| CityHarvest | - | 2,900.00 | |||
| Communigrow | - | 3,500.00 | |||
| CuedSpeechUK | - | 3,512.00 | |||
| HypoHounds | - | 2,500.00 | |||
| InnerTemple | - | 5,000.00 | |||
| LawWorks | - | 3,000.00 | |||
| ListeningBooks | 2,000.00 | - | |||
| ParentsandChildrenTogether | 3,000.00 | ; | - | ||
| Platform 1 |
3,000.00 | - | |||
| RAWWorkshop | 1,000.00 | - | |||
| RoyCastleFoundation | - | 1,500.00 | |||
| 33,020.00 | 38,586.00 |
| BalanceBrought Forward | 33,020.00 | 38,586.00 |
|---|---|---|
| SailorsChildrenSociety | 2,000.00 | - |
| SASH | - | 2,000.00 |
| StepsWorldwide | 500.00 | - |
| SurreyCareTrust | - | 2,000.00 |
| TheCounsellingCentre | 1,000.00 | - |
| TheHappyandHealthyTrust | 1,500.00 | - |
| TheHaven | 1,000.00 | - |
| ThePorch | 1,500.00 | - |
| 40,520.00 | 42,586.00 | |
| RaisingFunds | 2023 | 2022 |
| £ | £ | |
| SGKleinwortHambrosInvestmentManagementFees | 39,277.57 | 41,700.22 |
| 39,277.57 | 41,700.22 | |
| GovernanceCosts | 2023 | 2022 |
| £ | £ | |
| Independentexamination | 1,860.00 | 1,800.00 |
| BDOLLP | 2,300.00 | - |
| 4,160.00 | 1,800.00 | |
| Investments | ||
| 2023 | 2022 | |
| £ | £ | |
| MarketValueBroughtForward | 3,232,146.53 | 3,309,074.53 |
| Purchases | 1,165,611.38 | 980,112.82 |
| Disposals | (1,086,284.49) | (1,183,545.67) |
| 3,311,473.42 | 3,105,641.68 | |
| Realised(Losses)/Gains | (75,401.06) | 16,567.15 |
| Unrealised(Losses)/Gains | (123,693.83) | 109,937.70 |
| MarketValue | 3,112,378.53 | 3,232,146.53 |
| CashonSGKleinwortHambrosAccount | 113,770.31 | 225,519.28 |
| TotalInvestments | 3,226,148.84 | 3,457,665.81 |
| Investmentsincludeworksofartvaluedat£500.00(2022:£500.00) |
| Creditors,amountsfallingduewithinoneyear | 2023 | 2022 | ||
|---|---|---|---|---|
| £ | £ | |||
| SGKHTrusteeFees | 16,800.00 | 16,800.00 | ||
| IndependentExaminer'sfees | 3,660.00 | 1,800.00 | ||
| SGKleinwortHambrosBankLimited | 9,663.78 | 10,166.65 | ||
| GrantsPayable | 40,520.00 | 42,586.00 | ||
| 70,643.78 | 71,352.65 | |||
| Grantspayable | ||||
| Grantspayablebroughtforward | 42,586.00 | 34,855.00 | ||
| Grantsagreedintheyear | 40,520.00 | 42,586.00 | ||
| Grantspaid | (42,586.00) | (34,855.00) | ||
| Grantspayablecarriedforward | 40,520.00 | 42,586.00 | ||
| 10 | AnalysisofNetAssetsBetweenFunds | Unrestricted | Expendable | Total |
| Fund | EndowmentFund | |||
| 2023 | £ | £ | £ | |
| Investments | 1,807,850.83 | 1,418,298.01 | 3,226,148.84 | |
| Currentassets | 85,861.19 | - | 85,861.19 | |
| Currentliabilities | (60,980.00) | (9,663.78) |
(70,643.78) | |
| 41,832,732.02 | 1,408,634.23 | 3,241366.25 | ||
| 2022 | £ | £ | E | |
| Investments | 1,805,924.72 | 1,651,741.09 | 3,457,665.81 | |
| Currentassets | 84,919.96 | - | 84,919.96 | |
| Currentliabilities | (61,186.00) | (10,166.65) |
(71,352.65) | |
| 1,829,658.68 | 1,641,574.44 | 3,471,233.12 |
| Unrestricted | Expendable | Total | ||
|---|---|---|---|---|
| Fund | Endowment | 2022 | ||
| £ | £ | £ | ||
| IncomeandEndowments | ||||
| Investments: | ||||
| InvestmentIncome | 54,589.66 | - | 54,589.66 | |
| TotalIncome | 54,589.66 | - | 54,589.66 | |
| Expenditure | ||||
| Costofraisingfunds: | ||||
| SGKHInvestment | ||||
| ManagementFee | - | (41,700.22) | (41,700.22) | |
| Expenditureoncharitableactivities: | ||||
| Donations | (44,386.00) | 7 | (44,386.00) | |
| SupportCosts | (16,800.00) | - | (16,800.00) | |
| TotalExpenditure | (61,186.00) | (41,700.22) | (102,886.22) | |
| NetExpenditurebeforegainsoninvestments | (6,596.34) | (41,700.22) | (48,296.56) | |
| Netgains/(losses)oninvestments | - | 16,567.15 | 16,567.15 | |
| UnrealisedGains | - | 109,937.70 | 109,937.70 | |
| Foreignexchange(loss) | - | 2,061.31 | 2,061.31 | |
| NetMovementinFundsintheYear | (6,596.34) | 86,865.94 | 80,269.60 | |
| Funds | ||||
| At5April2021 | 1,836,255.02 | 1,554,708.50 | 3,390,963.52 | |
| NetMovementofResourcesintheYear | (6,596.34) | 86,865.94 | 80,269.60 | |
| At5April2022 | 1,829,658.68 | 1,641,574.44 | 3,471,233.12 |