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||`Page`|
|---|---|
|Trustees'report|`1-4`|
|Independentexaminer'sreport|5|
|Statementoffinancialactivities|[y|
|Balancesheet|7|
|Notestothefinancialstatements|8-14|





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|Settlor|GillianDickinson|
|---|---|
|Charitynumber|1094362|
|Principaladdress|c/oWombleBondDickinson(UK)LLP|
||TheSpark|
||DraymansWay|
||NewcastleHelix|
||NewcastleuponTyne|
||NE45DE|
|Independentexaminer|PhilipHoltFCAFCIE|
||HighParkFarm|
||Kirkbymoorside|
||York|
||Y0627HS|
|Bankers|LloydsBankPlc|
||102GreyStreet|
||NewcastleUponTyne|
||NE991SL|
|Solicitors|WombleBondDickinson(UK)LLP|
||TheSpark|
||DraymansWay|
||NewcastleHelix|
||NewcastleuponTyne|
||NE45DE|
|Investmentadvisors|InvestecWealth&InvestmentLimited|
||QuaysideHouse,CanalWharf,|
||`Leeds`|
||Yorkshire|
||LS115PU|





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|||`2022`|`2021`|
|---|---|---|---|
||Notes|£|£|
|Incomefrom:||||
|Incomeandendowmentsfrom:||||
|Investmentsincome|2|50,256|43,299|
|Totalincome||50,256|43,299|
|Expenditureon:||||
|Raisingfunds||||
|Investmentmanagementcosts||14,194|13,207|
|Charitableactivities||||
|Grantspayable|3|101,054|15,200|
|Other||||
|Governancecosts|4|12,471|11,409|
|Totalcharitableexpenditure||127,719|39,816|
|Netincome/(expenditure)fortheyear||(77,463)|3,483|
|Otherrecognisedgainsand(losses):||||
|Netgains/(losses)onrevaluationoffixedassets||54,713|335,740|
|Netmovementinfunds||(22,750)|339,223|
|Fundbalancesat6April2021||1,530,450|1,191,227|
|Fundbalancesat5April2022||1,507,700|1,530,450|





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||||`2022`||`2021`|
|---|---|---|---|---|---|
||Notes|£|£|£|£|
|`Fixedassets`||||||
|Investments|6||1,649,966||1,663,375|
|Currentassets||||||
|Debtors|7|3,617||3,459||
|Cashatbankandinhand||20,413||38,479||
|||`24,030`||`41,938`||
|Creditors:amountsfallingduewithin||||||
|oneyear|8|(93,796)||(140,863)||
|Netcurrentliabilities|||(69,766)||(98,925)|
|Totalassetslesscurrentliabilities|||1,580,200||1,564,450|
|Creditors:amountsfallingdueafter||||||
|morethanoneyear|9||(72,500)||(34,000)|
|Netassets|||1,507,700||1,530,450|
|FundsoftheCharity||||||
|Designatedfund-investmentfund|10||1,649,966||1,663,375|
|Unrestrictedgeneralfunds|10||(142,266)||(132,925)|
||||1,507,700||1,530,450|





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|Investmentsincome|||
|---|---|---|
||`2022`|`2021`|
||`£`|`£`|
|Incomefromlistedinvestments|50,255|43,266|
|Interestreceivable|1|33|
||50,256|43,299|



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|Grantspayable|||
|---|---|---|
||`2022`|`2021`|
||`£`|`£`|
|Granttoinstitutions-6grants(2021:2grants)|101,054|15,200|
|Grantstoinstitutionsfromunrestrictedfundscomprise:|||
|DanceCity|90,000|-|
|NorthernCitrinesMarchingBand|-|2,700|
|YoungPianistoftheNorth|(20,000)|-|
|NorthernChords|10,000|-|
|NorthernSteelNetwork|2,500|-|
|StBenedictsHospice|`729`|`-`|
|CheeseburnSculpture|(10,000)|-|
|MonkchesterCIC|2,825|-|
|NationalYouthChoir|zs_nnn|~~inn|
||7V-I~VO4|17,LVV|
|Reconciliationofgrantspayable:|||
|Commitmentsat6April2021|170,644|183,144|
|Commitmentsmadeintheyear|101,054|15,200|
|Grantspaidduringtheyear|(108,554)|(255,040)|
|Commitmentsat5April2022|163,144|170,644|
|Commitmentsat5April2022arepayableasfollows:|||
|Withinoneyear|90,644|136,644|
|Aftermorethanoneyear|72,500|34,000|
||163,144|170,644|





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|Governancecosts|||
|---|---|---|
||`2022`|`2021`|
||`£`|`£`|
|Othergovernancecostscomprise:|||
|Administrationfees|11,208|9,340|
|Brokersfees|(142)|425|
|IndependentExaminationfee|840|840|
|Websiteredesignandrunningcosts|565|804|
||12,471|11,409|



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|Fixedassetinvestments|||
|---|---|---|
||`2022`|`2021`|
||£|£|
|Marketvaluebroughtforward|1,663,375|1,340,276|
|Acquisitionsatcost|94,496|225,906|
|Marketvalueofdisposals|(176,799)|(241,339)|
|Netgains/(losses)onrevaluationduringtheyear|54,713|335,741|
|Cashmovementsduringtheyear|14,181|2,791|
|Marketvaluecarriedforward|1,649,966|1,663,375|
|Historicalcost:|||
|At5April2022|1,295,207|1,313,232|



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|ThevaluationofinvestmentspreparedbyInvestecWealth&Investmenta<br>allocationofinvestmentsbymarketvaluewhichareheld:|sat5April2022givest|hefollowing|
|---|---|---|
||`2022`|`2021`|
||£|£|
|FixedInterest|355,919|385,098|
|Equities|1,045,827|1,129,496|
|HedgeFunds|144,283|69,486|
|Property|67,525|57,064|
|Cash|36,412|22,231|
||1,649,966|1,663,375|
|Theseinvestmentshavethefollowinggeographicalspread:|||
||`2022`|`2021`|
||£|£|
|UnitedKingdom|702,545|720,399|
|Asia/Pacific|275,616|167,712|
|NorthAmerica|416,553|335,615|
|CentralandSouthAmerica|14,871|-|
|Europe|225,510|132,316|
|International|-|184,078|
|Other|14,871|123,255|
||1,649,966|1,663,375|



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|`7`|`Debtors`|`2022`|`2021`|
|---|---|---|---|
|||£|£|
||Prepaymentsandaccruedincome|3,617|3,459|
|||3,617|3,459|
|8|Creditors:amountsfallingduewithinoneyear|2022|2021|
|||£|£|
||Grantspayable|90,644|136,644|
||IndependentExaminationfee|840|840|
||Accruals|2,312|3,379|
|||93,796|140,863|
|9|Creditors:amountsfallingdueaftermorethanoneyear|2022|2021|
|||£|£|
||Grantspayable|72,500|34,000|
|10|Analysisofnetassetsbetweenfunds|||
||Fundbalancesat5April2022arerepresentedby:|||



|||Netcurrent|Longterm||
|---|---|---|---|---|
||Investments|liabilities|liabilities|Total|
||`£`|<br>`£`|`£`|`£`|
|UnrestrictedIncomeFunds|||||
|Designatedfunds-investmentfund|1,649,966|-|-|1,649,966|
|Unrestrictedgeneralfunds|-|(69,766)|(72,500)|(142,266)|
||1,649,966|(69,766)|(72,500)|1,507,700|
|Fundbalancesat5April2021arerepresentedby|||||
|||Netcurrent|Longterm||
||Investments|liabilities|liabilities|Total|
||`£`|<br>`£`|`£`|`£`|
|UnrestrictedIncomeFunds|||||
|Designatedfunds-investmentfund|1,663,375|-|-|1,663,375|
|Unrestrictedgeneralfunds|-|(98,925)|(34,000)|(132,925)|
||1,663,375|(98,925)|(34,000)|1,530,450|





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