2022-09-30-accounts

Trustees' Report	3to12
Report ofthe Auditors to the Trustees	13to 16
Statement of Financial Activities
Balance Sheet
Notes to the Accounts	19to 29

Trust Director	Trust Director	Stuart Woltkamp-Moon
Trust Registered ONce		344-354 Gray's lnn Road, London WC1X 8BP
Bankers		Barclays Bank pic, 28 Hampstead High Street, London NW3 1QB
		Charities Aid Foundation, 25 Kings Hill Ave, West Mailing ME194TA
Auditors		Moore Kingston Smith LLP,9Appold Street, London EC2A 2AP
Principal Solicitors		Bates, Wells 5. Braithwaite LLP, 2-6 Cannon Street, London EC43 6YH
		Manuel Swaden Ltd, 340West End Lane, London NW6 1LN
Property Advisers		Cedar Harp, 70/78 West Hendon Broadway, London NW9 7BT
Investment	Managers	CCLA, 1Angel Lane, London EC4R 3AB
		The Charities Property Fund, 33Margaret Street, London W1G OJD
		The Property Income Trust for Charities, 55Wells Street, London W1T3PT
		Ruffer LLP, 80Victoria Street, London SW15JL
		Troy Asset Management Ltd, 33Davies Street, London W1K4BP
		Vanguard Investments UK Ltd, 25 Walbrook, London EC4N 8AF

			Restricted	Endowment	Total	Total
		Note	Funds	Funds	2022	2021
Income and endowments	from:
Investments
Property income				16,333	16,333	88,960
Dividends and interest	on securities			362,571	362,571	271,025
Bank deposit and other	interest		549		549	27
Donations						26,665
Total			549	378,904	379,453	386,677
Expenditure on:
Raising funds				4,963	4,963	4,472
Charitable activities			533,383		533,383	495,841
Total			533,383	4,963	538,346	500,313
Gains/(Losses} on investments
Realised
Unrea lised				(538,537)	(538,537)	2,919,453
Net income/(expenditure)			(532,834}	(164,596)	f697,430)	2,805,817
Transfers between funds			517,834	{517,834)
Net movement in funds			{15,000)	{682,430)	(697,430)	2,805,817
Reconciliation offunds:
Total funds brought forward			15,000	19,562,474	19,577,474	16,771,657
Total funds carried forward		13,14		18,880,044	18,880,044	19,577,474

		Note	2022	2022	2021	2021
			f	f	f	f
Fixed Assets
Tangible assets				2,000		2,000
investments and investment
properties		10		18,726,775		19,386,676
Total Fixed Assets				18,728,775		19,388,676
Current Assets
Debtors			110,571		73,285
Cash at bank and in	hand		151,941		134,213
Total Current Assets			262,512		207,498
Creditors: Amounts	falling due
within one year		12	(111,243)		(28,422)
Net Current Assets				151,269		179,076
Long term debtors						9,722
Total Net Assets				18,880,044		19,577,474
The Funds ofthe Charity
Capital Funds
Endowments		13		18,880,044		19,562,474
(including revaluation	reserves ofE4,904,604)
(2021:65,443,141)
Income Funds
Restricted income funds		14				15,000
Total Charity Funds				18,880,044		19,577,474

entals	fro	m commercial lettings
			2022	2021
Rentals	in	advance brought forward
Receivable		in the year	16,333	88,960
Rentals	in	advance carried forward

						16,333	88,960
xpenditure	on raising	funds
				Restricted	Endowment.	2022	2021
						f
Building management		and maintenance
costs and	investment	management	fees		4,963	4,963	4,472

xpenditure o	n charitable activities
		Restricted Endowment		2022	2021
			E	f	f
Grants (note	5)	265,014		265,014	245,956
Pensions (note 5)		68,796		68,796	74,880
Total grants		333,810		333,810	320,836
Grantmaking	support costs (note 6)	124,809		124,809	106,624
Governance	costs (note 6)	74,764		74,764	68,381
		533,383		533,383	495,841

5 Grants and Pensio	5 Grants and Pensio	ns	ns	ns
Grants and pensions		payable comprise:
					2022		2021
Grants to Individuals				Number		Number	E
Holidays
Education						3	300
Clothing				32	10,822	24	5,574
Furniture and starter		packs		128	58,780	170	64,354
Help with debts						1	500
Removals and transport					500	1	300
Gas, electricity 8	fuel					4	1,300
Christmas						200	4,952
Medical					933
TV 8 Phone						2	350
Baby Items					1,828	5	2,385
Covid Emergency Miscellaneous	Grant				6,029	9 35	16,680 9,751
				190	78,892	454	106,446
Grants to Organisations				19	186,122	20	139,510
Grants returned
				209	265,014	474	245,956
Pensions							74,880
Grants to Organisations			fell in the following		ranges:
E1 - E1,000				2	2,000	4	2,950
E1,000 - f25,000	(see below)			17	184,122	16	136,560
				19	186,122	20	139,510

Abbey Community	Centre	1,800
Age UK Camden		5,000
Centre Point		1,000
Citizens Advice Camden		83,487
Christians Against	Poverty	7,000
Community Assoc.	West Hampstead	10,000
Doorstep		11,000
Family Action		1,500
Give Help Share		2,000
Kids Out UK		9,378

year ended 30'" September	2022
North London Cares		10,000
Reverse The Trend Foundation		2,000
SHAK		10,000
Simple Therapy CIC		1,960
St Marys with All Souls		3,500
The Winchester Project		12,997
The Russell Nurseries		1,000
WAC Arts		5,000
West Hampstead Women's	Centre	7,500

Support and		Go	vernance costs
				Support	Governance	2022	2021
				Costs	Costs	Total	Total
						Costs	Costs
				f	f	f	f
Office expenses				54,191	9,563	63,754	37,044
Professional		Charges
Legal fees					8,520	8,520	4,770
Consultancy		fees					1,200
Auditors'	remuneration				13,320	13,320	11,016
Accountancy			fees		30,898	30,898	32,579
Staff costs	(see		below)	70,618	12,463	83,081	88,396
Total costs				124,809	74,764	199,573	175,005
2021				106,624	68,381	175,005

			2022	2021
				f
Wages and Employer's	salaries National	Insurance	73,384 2,073	69,035 1,599
Pension costs			7,624	17,762
			83,081	88,396

	Forthe year	en	ded 30th Septembe	r 2022
8	Gains on Investments			2022 f	2021 f
	Gain/(loss) on disposal oflisted investments
	Gain/(loss) on disposal offixed asset property	investment
	Total realised gains/(losses)
	Increase in market value offixed asset property		investments		1,401,364
	Increase/(Decrease} in market value of Property		Trust Funds	325,367	256,308
	Increase/(Decrease) in market value of listed	investments		(863,904)	1,261,781
	Total unrealised gains/(losses)			(538,537)	2,919,453
				(538,537)	2,919,453
9	Tangible Fixed Assets				Property under
					Licence
	Cost				f
	At 1stOctober 2021and 30th September 2022				2,000
	Depreciation
	At 1stOctober 2021and 30th September 2022
	Net BookValue
	At 30th September 2022				2,000
	At 30th September 2021				2,000

			Property
			Trust	Listed	2022	2021
		Properties	Funds f	investments f	Total	Total
Market value brought forward Additions at cost		3,021,364	3,446,265	12,919,047 2,000,000	19,386,676 2,000,000	15,525,223 942,000
Disposals	(at proceeds value)	(3,021,364}			(3,021,364)
Realised gain/(lass) on disposals Unrealised gain/(loss} on investments			325,367	(863,904)	(538,537}	2,919,453
Market value carried forward			3,771,632	14,055,143	17,826,775	19,386,676
Cash held	by investment manager		3771632	900,000 14,955,143	900,000 18,726,775	19,386,676
Historical	cost at 30th September		2,866,166	13,077,368	15,943,534	13,001,534

Listed	investments	comprise:	comprise:
Other	listed investments		-pooled	14,055,143	12,919,047
Cash	Instruments
				14,055,143	12,919,047

		Investment
Brought	Total	management	Applied to	Carried
forward E	Return f	costs	income f	forward
9,617,857	(159,084)	(4,963)	(533,383)	8,920,427

Debtors
		2022	2021
			f
Trade debtors		9,?22	15,278
Dividends	and interest receivable	97,164	49,434
Other debtors		3,685	8,573
		110,571	73,285

Creditors: Amounts falling due within one ye	ar
	2022	2021
	f
Trade creditors	7,860	10,643
Other creditors	926
Taxation payable Accruals	1,249 101,208	17,779
	111,243	28,422

13Endowment	13Endowment	13Endowment	Funds - 2022	Funds - 2022		Balance		Transfers	Balance
						Brought	Investment	Out /	Carried
						Forward f	gains f	Amalgamations f	Forward f
The HWCT			Fund			19,562,474	{538,537)	(143,893)	18,880,044
Wharrie	Cabmen's			Shelter Fund
						19,562,474	(538,537)	(143,893)	18,880,044
The purposes			and restrictions		of each fund are set out in the Trustees'			report. Fund amalgamations are
pursuant to		the Charity Commission				Scheme dated 18'" July 2018 and Trustee resolutions			under s268 and
s275 ofthe	Charities			Act 2011.
Endowment		Funds - 2021				Balance		Transfers	Balance
						Brought	Investment	Out /	Carried
						Forward	gains	Amalgamations	Forward
						f	f	f
The HWCT			Fund			16,711,769	2,919,453	(68,748)	19,562,474
Wharrie	Cabmen's			Shelter Fund
						16,711„769	2,919,453	{68,748)	19,562,474

				Balance	Incoming
				Brought	Resources	Resources		Balance
						Expended	and	Carried
				Forward	8 Transfers In	Transfers	out	Forward
					f
The HWCT		Fund		15,000	518,383	{533,383)
Wharrie	Cabmen's		Shelter Fund
				15,000	518,383	(533,383)
Restricted		Funds - 2021
				Balance	Incoming
				Brought	Resources	Resources		Balance
						Expended	and	Carved
				Forward	S.Transfers In	Transfers	out	Forward
					f		f
The HWCT		Fund		59,888	450,953	(495,841)		15,000
Wharrie	Cabmen's		Sheiter Fund
				59,888	450,953	(495,841)		15,000

15	Analysis	of Funds	between Charities -2022			2022
				Endowment	Restricted	Total
				Funds	Funds	Funds
	The HWCT Fund			18,880,044		18,880,044
	Wharrie	Cabmen's	Shelter Fund
				18,880,044		18,880,044

Analysis of Funds	between Charities -2021			2021
		Endowment	Restricted	Total
		Funds	Funds	Funds
			f
The HWCT Fund		19,562,474	15,000	19,577,474
Wharrie Cabmen's	Shelter Fund
		19,562,474	15,000	19,577,474

Endowment	Restricted	Total
Funds	Funds	Funds
f.
2,000		2,000
18,726,775		18,726„775
151,269		151,269
18,880,044		18,880,044
Endowment	Restricted	Total
Fund	Funds	Funds
E	E	f
2,000		2,000
19,386,676		19,386,676
173,798	15,000	188,798
19,562,474	15,000	19,577,474

17 Analysis of N	et Assets between C	harities 2022
		Tangible		Net
		Fixed		Current	Total
		Assets	Investments	Assets	Funds
		f		f
The HWCT Fund		2,000	18,726,?75	151,269	18,880,044
Wharrie Cabmen's	Shelter Fund
		2,000	18,726,775	151,269	18,880,044

			Tangible		Net
			Fixed		Current	Total
			Assets	Investments	Assets	Funds
The HWCT Fund			2,000	19,386,676	188,798	19,577,474
Wharrie	Cabmen's	Shelter Fund
			2,000	19,386,676	188,798 -	19,577,474

	Land and	Buildings	Other equipment	Other equipment
	2022	2021	2022	2021
Not later than one year		14,?50		829
Between two to five years		615		864
		15,365		1,693

2021Statement of	Financial Activities	Financial Activities	Financial Activities
				Restricted	Endowment	Total
				Funds	Funds	2021
Income and endowments		from:
Investments
Property income Dividends and interest on securities					88,960 271,025	88,960 271,025
Bank deposit and	other	interest		27		2?
Donations				26,665		26,665
Total				26,692	359,985	386,677
Expendit:ure on:
Raising funds Charitable activities				495,841	4,472	4,472 495,841
Total				495,841	4,472	500,313
Gains/{losses} on investment			assets
Realised
Unrea lised					2,919,453	2,919,453
Net (expenditure)	/ income			{469,149)	3,274,966	2,805,81?
Transfers between	funds			424,261	(424,261)
Net: Movement in	Funds			(44,888)	2,850,705	2 805817
Total funds brought	forward			59,888	16,711,769	16,771,657
Total funds carried	forward			15,000	19,562,474	19,577,474
2021Support: and	Governance		costs
				Support	Governance	Total
				Costs	Costs	Costs
				f	f	f
Office expenses				31,488	5,556	37,044
Professional Charges Iegal fees Auditors' fees for audit		work			4,770 11,016	4,770 11,016
Accountancy fees Consultancy fees Staff costs				?5,136	32,579 1,200 13,260	32,579 1,200 88,396
Total costs				106,624	68,381	175,005