| Trustees: | Mrl D Cheyne | |||||||
|---|---|---|---|---|---|---|---|---|
| Mrs N Dangerfield | (retired June 2022) | |||||||
| MrD H Gye | ||||||||
| Mrs SMeikle (appointed | June 2022) | |||||||
| Ms Marina Newland |
(appointed | June 2022) | ||||||
| Dr M Short PhD | (Chair | from November 2021) | ||||||
| Ms D Sinclair (appointed | June 2022) | |||||||
| Mr RSTrafford | (former | chair; retired November 2021) | ||||||
| Mrs G Wayne | ||||||||
| Mrs SWingfield | Digby | |||||||
| Secretary: | Mrs M S Chaundler | |||||||
| Solicitors: | Penningtons Manches |
LLP | ||||||
| 9400 Garsington | Road | |||||||
| Oxford Business | Park | |||||||
| Oxford | ||||||||
| OX4 2HN | ||||||||
| investment | Managers: | CCLA Investment | Management | Ltd (from June 2022) | ||||
| COIF Charity Funds |
||||||||
| Senator House | ||||||||
| 85 Queen Victoria | Street | |||||||
| London EC4V4ET | ||||||||
| Cazenove Capital |
Management | |||||||
| 12 Moorgate | ||||||||
| London EC2R 6DA | ||||||||
| Bankers: | C Hoare 8 Co | |||||||
| 37 Fleet Street | ||||||||
| London | ||||||||
| EC4P 4DQ | ||||||||
| Auditors: | Wenn Townsend | |||||||
| 30St Giles | ||||||||
| Oxford | ||||||||
| OXi 3LE | ||||||||
| Principal office: | 9 Muncaster Road |
|||||||
| London | ||||||||
| SW11 6NY | ||||||||
| Registered | Charity number: | 1112422 |
| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| Note | General | Designated | Unrestricted | Unrestricted | |||
| Funds | Funds | Funds | Funds | ||||
| 2022 | 2021 | ||||||
| f | |||||||
| Income from: | |||||||
| Investments | 91,969 | 878 | 92,847 | 79,434 | |||
| Total income | 91,969 | 878 | 92,847 | 79,434 | |||
| Expenditure | on: | ||||||
| Charitable | activities: | 327,381 | 1,155 | 328,536 | 296,479 | ||
| Total expenditure | 327,381 | 1,155 | 328,536 | 296,479 | |||
| Net expenditure | before | ||||||
| other gains | or losses | (235,412) | (277) | (235,689) | (217,045) | ||
| Net (losses)/gains | on | investments | (112,207) | (1,072) | (113,279) | 1,031,530 | |
| Net (expenditure)/income | (347,619) | (1,349) | (348,968) | 814,485 | |||
| Total funds | brought | forward at 1 September 2021 | 6,578,962 | 62,879 | 6,641,841 | 5,827,356 | |
| Total funds | carried forward at 31August 2022 | 6,231,343 | 61,530 | 6,292,873 | 6,641,841 |
| 2 | Investment | income | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| F | ||||||
| Investment | trusts and unit trusts | 92,847 | 79,434 | |||
| 3 | Charitable | activities | ||||
| Bursaries awarded to individuals |
to assist with school fees | 290,787 | 260,366 | |||
| Diana Matthews Fund grants |
1,155 | 475 | ||||
| Secretarial | fees incurred | in grant | administration | 16,487 | 15,980 | |
| Governance | costs (see note 4) | 20,107 | 19,658 | |||
| 328,536 | 296,479 | |||||
| 4 | Governance costs | |||||
| Secretarial | fees | 10,992 | 10,655 | |||
| Clerical and | sundry expenses | 5,575 | 5,643 | |||
| Auditor's remuneration |
3,540 | 3,360 | ||||
| 20,107 | 19,658 |
| 7 | Fixed asset investments | Fixed asset investments | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| At 31 August 2022 fixed assets investments | comprised: | ||||||||||
| 2022 | 2021 | ||||||||||
| E | |||||||||||
| Collective investments | and cash | ||||||||||
| held for re-investment | 6,127,079 | 6,509,633 | |||||||||
| Collective investments | and cash held | for reinvestment | |||||||||
| Collective investments | |||||||||||
| Market value at 1stSeptember 2021 | 6,509,633 | 5,705,540 | |||||||||
| Additions at cost |
5,721,850 | 79,434 | |||||||||
| Disposal proceeds | (6,016,925) | (306,871) | |||||||||
| Increase in cash held with investments |
25,800 | ||||||||||
| Net realised investment |
gains/(losses) | (378,611) | 32,218 | ||||||||
| Net unrealised investment gains |
265,332 | 999,312 | |||||||||
| (113,279) | 1,031,530 | ||||||||||
| Market value at 31 August 2022 | 6,127,079 | 6,509,633 | |||||||||
| Cost ofcollective investments at |
31 August | 2022 | 5,664,718 | 5,033,092 | |||||||
| Collective investments | held at 31 August | 2022 comprised | the following: | ||||||||
| Investments trusts and |
unit trusts | 6,127,079 | 6,509,633 | ||||||||
| At 31 August 2022, the | following | individual | investment | holdings | each had a market | value | in | excess of | |||
| 5%ofthe market value | ofthe entire portfolio | as at that. | date: | ||||||||
| 31August | |||||||||||
| 2022 | 0/ | ||||||||||
| Market | ofthe | ||||||||||
| Value | total | ||||||||||
| portfolio | |||||||||||
| COIF Charities Investment Accumulation |
Units | 5,955,644 | 97.2 |
| & | Creditors: amounts | falling due | within one year | within one year | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 E |
2021f | |||||||||
| Accruals | 8,595 | 11,938 | ||||||||
| 9 | Financial commitments | |||||||||
| At 31 August 2022 the Trustees 2372,790. |
had approved | bursaries | for the | 2022/23 academic | year | amounting | to | |||
| 10 | Analysis of net assets between | funds | ||||||||
| Diana | Matthews | General | Total | |||||||
| Trust | fund | funds | ||||||||
| Fund balances at 31 August 2022 | ||||||||||
| were represented | by: | |||||||||
| Investments | 61,530 | 6,065,549 | 6,127,079 | |||||||
| Current assets | 174,389 | 174,389 | ||||||||
| Current liabilities |
(8,595) | (8,595) | ||||||||
| Total net assets | 61,530 | 6,231,343 | 6,292,873 | |||||||
| Fund balances at.31 August 2021 |
||||||||||
| were represented | by: | |||||||||
| Investments | 62,879 | 6,446,754 | 6,509,633 | |||||||
| Current assets | 144,146 | 144,146 | ||||||||
| Current liabilities |
(11,938) | (11,938) | ||||||||
| Total net assets | 62,879 | 6,578,962 | 6,641,841 |