## ## |Trustees||Baroness Neuberger|Baroness Neuberger||DBE||| |---|---|---|---|---|---|---|---| |||Professor Anthony||Neuberger|||| |||Sheila Spalding|||||| |||Dr Katie Petty-Saphon|||||| |||Lady Brittan DBE|||||| |||Dr Rebecca Murray|||||| |||Baroness Sally|Hamwee|||(Appointed|24 May 2022)| |Charity number||1091870|||||| |Principal address||SWTrust|||||| |||PO Box12327|||||| |||Colchester|||||| |||CO6 4XE|||||| |Independent|examiner|Mark Taylor|||||| |||c/o HW Fisher|LLP||||| |||Chartered
Accountants|||||| |||Acre House|||||| |||11-15William|Road||||| |||London|||||| |||NW1 3ER|||||| |Bankers||National
Westminster|||Bank Pic||| |||Head Office|||||| |||41 Lothbury|||||| |||London|||||| |||EC2 2BP|||||| |Solicitors||Payne Hicks Beach||LLP|||| |||10New Square|||||| |||Lincoln's
Inn|||||| |||London|||||| |||WC2A 3Q|||||| ## |||||Page| |---|---|---|---|---| |Trustees'
report||||1-3| |Independent|examiner's||report|| |Statement of|financial|activities||| |Balance sheet||||| |Notes to the financial||statements||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Tota
I| |---|---|---|---|---|---|---|---|---|---| |||||funds|funds||funds|funds|| |||||2023|2023|2023|2022|2022|2022| ||||Notes|f|f|f|f|f|f| |Income from:|||||||||| |Donations
and|legacies|||25,986|342,987|368,973|31,542|50,780|82,322| |Investments|||||16,801|16,801||17,916|17,916| |Total income||||25,986|359,788|385,774|31,542|68,696|100,238| |~Ex enditore on:|||||||||| |Investment
management|||||||||| |costs|||||3,954|3,954||6,178|6,178| |Charitable
activities||||23,522|319,405|342,927|26,757|278,722|305,479| |Total resources|expended|||23,522|323,359|346,881|26,757|284,900|311,657| |Net gains/(losses)||on|||||||| |investments|||10||(26,350)|(26,350)||19,673|19,673| |Net incoming/(outgoing)|||||||||| |resources before||transfers||2,464|10,079|12,543|4,785|(196,531)|(191,746)| |Gross transfers|between||||||||| |funds||||(3,000)|3,000||||| |Net movement|in|funds||(536)|13,079|12,543|4,785|(196,531)|(191,746)| |Fund balances|at|2 May|||||||| |2022||||43,205|956,307|999,512|38,420|1,152,838|1,191,258| |Fund balances|at|1May|||||||| |2023||||42,669|969,386|1,012,055|43,205|956,307|999,512| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Tota
I| |---|---|---|---|---|---|---|---|---|---|---| ||||||funds|funds||funds|funds|| ||||||2023|2023|2023|2022|2022|2022| ||||||f|f|f|f|f|f| ||Donations|and gifts|||25,986|342,987|368,973|31,542|50,780|82,322| |4|Investments|||||||||| ||||||||||Restricted|Restricted| ||||||||||funds|funds| ||||||||||2023|2022| ||||||||||f|f| ||Income from listed|||investments|||||11,975|15,307| ||Interest receivable||||||||4,826|2,609| ||||||||||16,801|17,916| |5|Charitable||activities|||||||| ||||||||||2023|2022| ||||||||||f|f| ||Grant funding ofactivities (see note 6)||||||||298,841|261,237| ||Share of support costs (see note||||7)||||36,467|36,736| ||Share ofgovernance|||costs (see note 7)|||||7,619|7,506| ||||||||||342,927|305,479| ||Analysis|by|fund|||||||| ||Unrestricted||funds||||||23,522|26,757| ||Restricted|funds|||||||319,405|278,722| ||||||||||342,927|305,479| ## ## ## ||||Education|Education| |---|---|---|---|---| ||||2023|2022| ||||f|f| |Grants|to|individuals|298,841|261,237| ||||298,841|261,237| |Support costs||||||| |---|---|---|---|---|---|---| ||Support costs|Governance|2023|Support costs|Governance|2022| |||costs|||costs|| |Admininistrative
costs|36,467||36,467|36,736||36,736| |Independent
examination||7,619|7,619||7,506|7,506| ||36,467|7,619|44,086|36,736|7,506|44,242| |Analysed
between||||||| |Charitable
activities|36,467|7,619|44,086|36,736|7,506|44,242| ## ## ## |10|Net gains/(losses)|Net gains/(losses)|on investments||| |---|---|---|---|---|---| |||||Restricted|Restricted| |||||funds|funds| |||||2023|2022| |||||f|f| ||Revaluation|of investments||(17,007)|18,947| ||Gain/(loss)|on sale|of investments|(9,343)|726| |||||(26,350)|19,673| ||||||||Listed|Cash in portfolio|Total| |---|---|---|---|---|---|---|---|---|---| ||||||||investments||| ||Cost or valuation||||||||| ||At 2 May|2022|||||707,535|35,672|743,207| ||Additions||||||88,612|(88,612)|| ||Valuation|changes|||||(17,007)||(17,007)| ||Management
fees|||||||(4,135)|(4,135)| ||Dividend|and interest||income||||16,801|16,801| ||Disposals||||||(294,695)|285,352|(9,343)| ||Funds received|||||||100,001|100,001| ||At 1May|2023|||||484,445|345,079|829,524| ||Carrying|amount|||||||| ||At 01May 2023||||||484,445|345,079|829,524| ||At 01May 2022||||||707,535|35,672|743,207| |12|Financial|instruments||||||2023|2022| |||||||||f|f| ||Carrying|amount|offinancial||assets||||| ||Debt instruments||measured||at amortised|cost||19,942|39,880| ||Equity instruments||measured||at fair value|||829,524|743,207| ||Carrying|amount|offinancial||liabilities||||| ||Measured|at amortised||cost||||38,787|12,656| ## ## |13|Debtors||||| |---|---|---|---|---|---| |||||2023|2022| ||Amounts|falling due|within one year:|f|f| ||Other debtors|||19,942|39,880| |14|Creditors:|amounts|falling due within one year||| |||||2023|2022| |||||f|f| ||Trade creditors|||21,402|| ||Other creditors|||1,827|| ||Accruals|||15,558|12,656| |||||38,787|12,656| |0
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5 o c| ## ## ## |16|Analysis of net assets|between|funds|||||| |---|---|---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Tota
I| ||||funds|funds||funds|funds|| ||||2023|2023|2023|2022|2022|2022| ||||f|f|f|f|f|f| ||Fund balances at 1May|||||||| ||2023 are represented|by:||||||| ||Investments|||829,524|829,524||743,207|743,207| ||Current assets/(liabilities)||42,669|139,862|182,531|43,205|213,100|256,305| ||||42,669|969,386|1,012,055|43,205|956,307|999,512|