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||||||Pages|
|---|---|---|---|---|---|
|Trustees'|annual<br>report||||1-2|
|Independent<br>examiners||report||||
|Receipts|and payments|account|- Unrestricted|funds||
||||- Endowment|funds||
|Statement|ofassets and|fiabffitles||||
|Notes to the finandal<br>statements||||||





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|Registration|number|1090945|||||
|---|---|---|---|---|---|---|
|Prlnclpagreglstered|||||||
|address||Tozers LLP|||||
|||Broadwalk House|||||
|||Southernhay|West||||
|||Exeter|||||
|||EX1 11JA|||||
|Board oftrustees||Mr A Miller|||||
|||MrJ Crawley|||||
|||Mr D Batly|||||
|||Mr D Chubb|||||
|Investment|Managers|Investec|||||
|||30Gresham|Street||||
|||London|||||
|||EC2V 7QN|||||
|||Hawksmoor|Investment||Management||
|||17 Dix's Field|||||
|||Exeter|||||
|||EX1 1QA|||||
|Bankers||Tozers LLP dient account|||||
|Independent|Examiner|J LCoombs|MA(Cantabk|||FCA|
|||Simpkins<br>Edwards||LLP|||
|||Chartered<br>Accountants|||||
|||Michael House|||||
|||Castle Street|||||
|||Exeter|||||
|||EX43LQ|||||





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||||||||2023||2022||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||f<br>6|6||6|
|Receipts|||||||||||
|Dividends<br>and Interest||||General|Fund||49,559|49,567|||
|received from Investments|||||||||||
|||||Attenborough||Fund|6,968|5,477|||
|Equallsatlon||||General|Fund||33|586|||
|||||Aitenborough|||236|199|||
|||||Fund|||||||
|Interest received|||||||||||
|Total Receipts|||||||||||
||||||||56,836|||66,829|
|Payments|||||||||||
|Donations:||||General|fund||||||
|Two Moors Festival|||||||12,000|12,000|||
|Exeter Cathedral|||||||5,600|5,050|||
|School|||||||||||
|South West Music||School|||||5,000||||
|Organ lessons||||||||1,6OO|||
|Hgl Quartet||||||||422|||
|Whlddon<br>Autumn||Festival|||||5,000|3,500|||
|Budlelgh<br>lllluslc|Festival||||||1,500||||
|Exeter College|||||||20,000||||
|Corvus Concert|||||||1,500||||
|StBoniface Choral||Society|||||500||||
|Dardngton<br>Summer School|||||||1,000||||
|Blackdown<br>EMP|||||||2,500||||
|Music<br>In the castle|||||||333||||
|Devon Baroque|||||||1,500||||
||||||||56,433||||
|Legal fees|||||||4,569|4,294|||
|Porffogo management|||fee||||7,646|8,947|||
|Independent<br>Examination||||fee|||1,260|1,200|||
|Website costs|||||||834|720|||
|Reimbursement|ofexpenses||||||233|255|||
||||||||14,562|||15,416|
|Total payments|||||||70,995|||38,188|
|Net receipts/(paymentsI||||for the year|||(14,159)|||17,641|
|Balance as at 6 April 2022|||||||71,968|||54,327|
|Balance as at 5April 2023|||||||57,809|||71,968|





|||||2023f|2022f|
|---|---|---|---|---|---|
|Capital receipts||||||
|Miscellaneous|receipts|||||
|Proceeds from sale of investments||||592,519|447,484|
|Total receipts||||692,619|447,484|
|Other expenditure||||||
|Payments<br>for Investments|||and other assets|||
|Purchase<br>ofshares:||||||
|Investec||||604,151|360,183|
|Havtksmoor||||50,152|32,798|
|Total payments||||654,303|392,981|
|Net receipts/(payments)||for|the year|(61,784)|54,503|
|Balance as at 6|April 2022|||112,893|58,390|
|Balance as at 6|April 2023|||61,109|112,893|





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|||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Monetary assets||||||||||||
|Tozers Client Account (Unrestncted|||||Fund)|||||81,458|95,208|
|Investec Client Account (Endowment|||||Fund)|||||4,667|64,610|
|Hawksmoor|Earnings<br>Account (Attenborough||||||Fund)|||18,205|11,237|
|(Unrestricted|fund)|||||||||||
|Hawksmoor|Dealing Account|||(Endowment||Fund)||||4,588|13,806|
|||||||||||108,918|184,861|
|||||||||||2023|2022|
|Investment|assets||||||||Cost|Market value|Market value|
||||||||||6|6|6|
|Investments|(Endowment||Fund)|||||||||
|General<br>Fund||||||||1,600,162||1,929,141|2,047,403|
|Attenborough|Fund|||||||253,782||259,575|280,558|
|||||||||1,853,944||2,188,716|2,327,961|
|||||||||||2023|2022|
|||||||||||6|6|
|Liabilities —(Unrestricted|||Fund)|||||||||
|Amounts<br>falling due within||||one year||||||||
|Professional|fees|||||||||1,350|1,200|
|Amounts<br>reserved||for grants||(note|4)|||||24,525|34,075|
|||||||||||25,875|35,275|
|Amounts<br>falling due after one year||||||||||||
|Amounts<br>reserved||for grants||(note|4)|||||5,000|13,550|
|The financial|statements||were approved|||by|the trustees|on||||
|Mr A Miller||||||||Mr 3|Crawley|||
|||||||||||Pi@||





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||Trustee expenses<br>reimbursed<br>for the|Trustee expenses<br>reimbursed<br>for the|Trustee expenses<br>reimbursed<br>for the|year were 6233|(|1 Trustee) (|2022;5255).|||
|---|---|---|---|---|---|---|---|---|---|
|4.|Amounts<br>reserved for grants|||Due within|1|year|Due after|1 year||
||South West Music|School||11,425|||5,000|||
||Exeter Cathedral|School||4,100||||||
||Topsham<br>Music Festival|||500||||||
||Exeter Contemporary<br>Sounds|||500||||||
||Exeter Cathedral|Music||5,000||||||
||Foundation|||||||||
||Shaldon<br>Music Festival|||500||||||
||Dartington<br>Summer School|||2,500||||||
|||||24,525|||5,000|||
|5.|Analysis<br>offunds|||||||||
|||||Unrestrictedf|||Endowment|6|Total|
||Investments||||||2,188,716||2,188,716|
||Balances at bank|||||99,663|9,255||108,918|
||Net liabilities due|within|1 year|||(25,875)|||(25,875)|
||Net liabilities due|aRer 1|year|||(5,000)|||(5,000)|
|||||||68,788|2,197,971||2,266,759|