| Trustees' Report | 3-7 | |
|---|---|---|
| Independent Examiner's |
Report | |
| Statement ofFinancial Activities | ||
| Balance Sheet | 10 | |
| Notes to the Accounts | 11-15 |
| /— —— -2022-——--I |
/— —— -2022-——--I |
/— —— -2022-——--I |
2021 | |||
|---|---|---|---|---|---|---|
| Permanent | Unrestricted | Total | Total | |||
| Endowment | Funds | |||||
| INCOMING RESOURCES | ||||||
| Investment Income |
||||||
| Bond Income | 10,603 | 10,603 | 130 | |||
| Equity Income | 39,789 | 39,789 | 58,102 | |||
| Bank Interest | 16 | 16 | 17 | |||
| Total Incoming Resources | X50,408 | f50,408 | 658,249 | |||
| RESOURCES EXPENDED | ||||||
| Investment Management Costs |
||||||
| Charitable Activities |
||||||
| Institutional Donations (Note 6) |
114,560 | 114,560 | 68,650 | |||
| Support Costs— | ||||||
| Secretarial &Management | (Note 4) | 15,000 | 15,000 | 15,000 | ||
| Portfolio Management | Charges | 12,146 | 12,146 | 494 | ||
| Bank Charges | 362 | 362 | 255 | |||
| Sundry Administration | Costs | 564 | 564 | 546 | ||
| Governance Costs |
||||||
| Accountancy Charges |
1,920 | 1,920 | 1,920 | |||
| Total Resources Expended | K144,552 | 8144,552 | 686,865 | |||
| NET OUTGOING RESOURCES | ||||||
| BEFOREHOLDING | GAINS | (94,144) | (94,144) | (28,616) | ||
| Profit/(Loss) on Investment Assets |
128,026 | 128,026 | 432,731 | |||
| NET MOVEMENT IN FUNDS | 33,882 | 33,882 | 404,115 | |||
| TOTAL FUNDS BROUGHT | FORWARD | 2,448,077 | 2,448,077 | 2,043,962 | ||
| TOTAL FUNDS CARRIED FORWARD | f2,481,959 | XNil | I2,481,959 | f2,448,077 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| FIXEDASSETS | ||||
| Investments (see Note 2) |
||||
| Bond Investments | 382,564 | 402,213 | ||
| Equity Investments | 1,776,320 | 1,907,662 | ||
| Total Fixed Assets | 2,158,884 | 2,309,875 | ||
| CURRENT ASSETS | ||||
| Cash at bank and in hand | 337,536 | 152,637 | ||
| Total Current Assets | 337,536 | 152,637 | ||
| CURRENT LIABILITIES | ||||
| Bank Overdratl | 9,600 | 11,950 | ||
| Amounts falling due within one year |
4,861 | 2,485 | ||
| (see Note 3) | ||||
| Total Current Liabilities |
14,461 | 14,435 | ||
| Net Current Assets | 323,075 | 138,202 | ||
| Net Assets | f2,481,959 | K2,448,077 | ||
| FUNDS OFTHE CHARITY | ||||
| Endowment Fund |
2,481,959 | 2,448,077 | ||
| Unrestricted Income Fund |
||||
| Charity Funds | Z2,481,959 | f2,448,077 |
| ofinvestment | s held a |
t 31 March 2022 were as follows:- | t 31 March 2022 were as follows:- |
|---|---|---|---|
| Nominal Value |
Market Value | ||
| BOND INVESTMENTS | |||
| 660 | DCI Ireland Fd Inv Gr Bnd Fnd GBP | 61,466 | |
| 923 | Focused | Sicav Corp Bd Shs (GBHgd) A | 93,094 |
| 109 | Focused | Sicav High Grade Bd Shs A | 11,807 |
| 251 | Focused | Sicav High grade term Bd | 33,955 |
| 717 | UBSEtf | Sicav Barclays US Liq Corp Ucits | 11,325 |
| 154 | Ashmore | Sicav Emrg Mkt Crp Dbt Shs-Z2 | 11,127 |
| 4,296 | Goldman | Sachs Gl H/Y P/F Shs ISHdgd | 33,430 |
| 382 | JPMF Emg Mkt Dbt | 33,284 | |
| 668 | Focused | Sicav Shs Hdgd FDist | 63,093 |
| 327 | Goldman | Sachs Em Mkts Corp Bd I Hdgd | 29,983 |
| 8 | 382,564 | ||
| EQUITY INVESTMENTS |
| EQUITY INVESTM | ENTS | |||
|---|---|---|---|---|
| Nominal Value |
Market Value | |||
| 15,824 | Artemis Inv US Select |
44,530 | ||
| 378 | Astrazeneca | 38,299 | ||
| 5,808 | Aviva Plc | 26,258 | ||
| 6,137 | BPPlc | 23,035 | ||
| 10,552 | Barclays Plc | 15,649 | ||
| 11,147 | Blackrock Euro Dynamic | Fd | 28,225 | |
| 3.181 | Brown Advisory Fd Plc |
46,602 | ||
| 1,521 | Compass Group pic | 25,097 | ||
| 6,774 | DS Smith Plc | 21,819 | ||
| 1,720 | Diageo pic | 66,452 | ||
| 2,725 | Elementis Plc | 3,243 | ||
| 23,333 | Federated Hermes Inv Fd |
35,850 | ||
| 543 | Findlay Park Funds —American | Fnd | 73,310 | |
| 731 | GAM Star Fd —Euro Eqty | 19,990 | ||
| 1,730 | GlaxoSmithKline 25p Ords |
28,497 | ||
| 429 | Halma Plc | 10,768 | ||
| 429 | Hikma Pharmaceuticals | lp Ords | 9,542 | |
| 621 | IMI Plc | 8,458 | ||
| 738 | Intermedle Cap Grp |
13,177 | ||
| 175 | Intertek Grp Plc | 9,142 | ||
| 1,448 | IShares Inc Shs MSCI Europe ExUK Fnd | 47,639 | ||
| 1,236 | IShares FTSE250 SHs (GBP) | 24,596 | ||
| 6,294 | IShares MSCI Japan Shs | 75,371 |
| Nominal Value |
Market Value | ||
|---|---|---|---|
| 45,629 | Lloyds Banking Group | 21,471 | |
| 434 | LSEGroup pic 6.9p Ords | 34,572 | |
| 13,594 | M&G Plc | 30,070 | |
| 11,755 | Man GLG Japan Core Alpha Fd Pro Acc | 23,451 | |
| 4,002 | Moneysupermarket. corn |
7,604 | |
| 481 | Morgan Stanley Inv US Advantage | Fnd | 42,198 |
| 10,711 | NatWest Grp Plc | 23,125 | |
| 1,765 | NinetyOne Global St Fd Emrg Mkts |
54,715 | |
| 2,042 | Prudential pic 5p Ords |
23,156 | |
| 624 | Rathbone Brothers |
12,355 | |
| 2,364 | Relx Plc 14.44p Ords | 56,334 | |
| 566 | Reckitt Beneckiser lop Ords | 33,009 | |
| 6,090 | River &Mercantile Uk Eqty Sml Cos fd |
40,626 | |
| 3,656 | Rotork Plc 5p Ords | 11,933 | |
| 2,632 | Royal Dutch Shell Euro .07 Shs | 55,614 | |
| 2,329 | SSEPlc | 40,723 | |
| 2.566 | Sage Group pic | 18,013 | |
| 440 | Schroder Plc Kl Ords | 14,216 | |
| 1,151 | Smart Metering | 9,160 | |
| 11,501 | Tesco pic | 31,743 | |
| 689 | UBS lnv Fnd ICVC S&P500Index | J Dist | 194,060 |
| 271 | UBS-EtfMsci Emg Shs A Distrib | 23,103 | |
| 492 | UBSEtfpic Misc Acqi SFA UKDis Hdg | 50,800 | |
| 3,579 | Vanguard Fnds FTSE100Ucits ETFInc |
118,689 | |
| 20,824 | Vodaphone pic 11.43cUS |
25,997 | |
| 2,756 | WPP Plc | 27,643 | |
| 1,805 | Xtrackers (IE)Plc World Energy | 56,391 | |
| K1,776,320 |
| 3 —CREDITORS | AND ACCR | UED CHARGE | S |
|---|---|---|---|
| This represents:- | 2022 | 2021 | |
| Independent Examiner's |
Charges | 1,920 | 1,920 |
| Portfolio Management | Charges | 2,941 | 565 |
| 84,861 | K2,485 |
| Note 6 —SCHEDULE | Note 6 —SCHEDULE | OF INSTITUTIONAL | DONATIONS |
|---|---|---|---|
| 346 Tynemouth Squadron Air Cadets |
1,000 | ||
| 3rd Tynemouth (Ritson's |
Own) Scouts | 1,000 | |
| ABFThe Soldiers' Charity | 1,000 | ||
| Amble Youth Project | 1,750 | ||
| Anxious Minds | 2,000 | ||
| Association ofRetired Fishermen | 250 | ||
| Ballet Lorent Ltd | 1,500 | ||
| Barnado's | 2,000 | ||
| Blyth Resource &Initiative Centre |
2,000 | ||
| Brainbox | 500 | ||
| Briardale House Youth &Community | Projects Ltd | 1,000 | |
| Chillingham Wild Cattle |
Association | 1,000 | |
| Churchill Community College |
1,500 | ||
| Circus Central | 1,500 | ||
| Collingwood Bowling Club |
2,000 | ||
| Collingwood Foundation |
1,000 | ||
| Community Foundation |
1,500 | ||
| Connected Voice | 1„000 | ||
| Cowpen Quay Community Association |
2,000 | ||
| Cramlington Voluntary Youth Project |
1,500 | ||
| Cullercoats Watch House |
1,000 | ||
| CVA Blyth Valley | 4,500 | ||
| D2 Youth Zone | 1,500 | ||
| D2 Youth Zone Ltd | 2,500 | ||
| Dementia Matters |
1,500 | ||
| Derwenthaugh Boat Station Sea Cadets |
1,000 | ||
| East Hartford Community |
Centre | 1,000 | |
| Escape Family Support | 1,500 | ||
| Families in Care |
2,000 | ||
| Family Holiday Association | 500 | ||
| Fish Quay Productions | 500 | ||
| Friends ofBeacon Hill School | 2,000 | ||
| Friends ofthe Dales School | 1,000 | ||
| Frozen Light | 750 | ||
| Happy Days | 1,010 | ||
| Haven Tyneside Ltd | 1,000 | ||
| Headway Tyneside |
1,000 | ||
| Hospice Care North Northumberland | 1,500 | ||
| Ifucare share | 1,000 | ||
| Krazee Krafters | 200 | ||
| Linskill &N. Tyneside Comm Dev. Trust | 2,750 | ||
| Listening Books | 500 | ||
| Listening Ear &Positive | Support | 500 | |
| Maggies Newcastle | 1,000 | ||
| Mayfields Community Centre |
1,000 | ||
| Meadow Well Connected | 2,000 | ||
| Mind Tyneside &Northumberland | 1,000 | ||
| Monkchester Community |
Association | 2,000 | |
| Newcastle City Centre Chaplaincy |
500 | ||
| Newcastle CVS | 500 | ||
| Newcastle Dog and Cat Shelter |
500 | ||
| North Shields Fishermen's | Heritage Fund | 1,000 | |
| North Shields Methodist | Church | 1,000 | |
| North Tyneside Disability | Forum Ltd | 500 | |
| Northern Stage |
500 |
| Northumberland CVA |
2,000 | |
|---|---|---|
| Northumberland Pride |
500 | |
| Northumbrian Citizens Advice Bureau |
1,000 | |
| On Course Foundation | 500 | |
| Oswin Projects | 1,000 | |
| Park View Project | 1,100 | |
| People and Drugs Ltd | 2,000 | |
| Pimlico Opera | 1,000 | |
| Remembering the Past Resourcing |
the Future | 900 |
| Road to Recovery Trust | 1,000 | |
| Shelter | 1,000 | |
| Smell the Roses - North Tyneside | 1,700 | |
| Springfield Community Association |
300 | |
| StAidan's Community Partnership |
1,000 | |
| St Luke's Parochial Church Council | 1,000 | |
| St Mary's Monkseaton PCC |
2,000 | |
| St Paul's Community Partnership |
2,250 | |
| Stella Maris | 500 | |
| The Charlotte Straker Project |
500 | |
| The Children's Foundation |
1,000 | |
| The Chronicle Sunshine Fund |
1,000 | |
| The Community Foundation |
2,000 | |
| The Duchess's High School Trust |
1,500 | |
| The Heart ofthe City Partnership | 500 | |
| The Hindmarsh Hall |
1,500 | |
| The Key | 2,000 | |
| The People's Kitchen | 1,000 | |
| The Salvation Army |
500 | |
| The Sick Children's Trust |
1,000 | |
| True Colours Theatre | 900 | |
| Tyne &Wear Archives &Museums | 1,000 | |
| Tynedale Hospice at Home | 1,000 | |
| Tynemouth Volunteer Life Brigade |
2,000 | |
| VONNE | 2,000 | |
| Wallsend Community Choir |
1,200 | |
| Wallsend St Peter's CofEPrimary | School | 750 |
| West Jesmond Allotment Association |
250 | |
| Whitley Bay BigLocal | 1,000 | |
| Whitley Bay Young People's Centre | 2,000 | |
| 114,560 |