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|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|
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|TheTrusteeshaveidentifiedthefollowing|risks:|
|---|---|
|Riskidentified|Action takentomitigatetherisk|
|-Investmentsdonotdeliversufficient|-TheTrusteeshaveappointedaprofessionalfirmto|
|return/willdropinvalue.|managetheinvestmentsandtheperformanceisreviewed|
||twiceayearbyKHInvestmentSupervision.|
|-FundsarenotappliedastheTrustees|-Allsuccessfulapplicantsarerequiredtoreportbackonthe|
|intend.|expenditureoffunds.|
|-Trusteerisksarenotsufficientlyidentified|
-TheTrusteesmaintainaRegisterofInterestswhichis|
|/managed.|regularlyreviewedanddeclareanypotentialconflictsof|
||interest.|
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|||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|
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||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|
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||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|
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|2|InvestmentIncome|2023|2022||
|---|---|---|---|---|
|||£|£||
||IncomefromUKListedSecurities|62,700.96|54,589.66||
||BankInterest|1,852.38||-|
|||64,553.34|54,589.66||
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|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||
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|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|
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||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||