## ## |||||Page| |---|---|---|---|---| |Reference and administrative|details of|the Charity,|its Trustees and advisers|| |Trustees'
report||||2-3| |Trustees'
responsibilities
statement||||| |Independent
auditors'
report|on the financial statements|||5-8| |Statement offinancial
activities||||| |Balance sheet||||10| |Statement ofcash flows||||| |Notes to the financial statements||||12-23| |Charity Detailed income and|expenditure|account||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Endowment|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||funds|funds|funds|funds| ||||||2023|2023|2023|2022| |||||Note|6|E|6|E| |Income and endowments||from:||||||| |Investments||||3|40,982||40,982|436| |Other income||||4||501,155|501,155|454,489| |Total income and|endowments||||40,982|501,155|542,137|454,925| |Expenditure
on:||||||||| |Charitable
activities:||||||||| |Grant making|||||277,387||277,387|1,975,393| |Total expenditure|||||277,387||277,387|1,976,393| |Net (expenditure)/income|||||(236,405)|501,155|264,750|(1,521,458)| |Transfers
between|funds|||12|236,405|(236,405)||| |Net movement
in|funds before other|||||||| |recognised
gains/(losses)||||||264,750|264,750|(1,521,468)| |Other recognised|gains/(losses):|||||||| |Net gains/(losses)|on investments|||||(3,522,446)|(3,522,446)|(5,429,842)| |Net foreign exchange gains/(losses)|||on|||||| |investments||||||2,032,010|2,032,010|2,551,345| |Net movement
in|funds|||||(1,225,686)|(1,225,686)|(4,399,965)| |Reconciliation
of|funds:|||||||| |Total funds
brought|forward|||||59,984,560|59,984,560|64,384,525| |Net movement
in funds||||||(1,225,686)|(1,225,686)|(4,399,965)| |Total funds carried forward||||||58,758,874|58,758,874|59,984,560| ## ## |||||Note||2023
6||2022f| |---|---|---|---|---|---|---|---|---| |Fixed assets||||||||| |Investments||||||46,103,939||47,615,354| |||||||46,103,939||47,615,354| |Current assets||||||||| |Cash at bank and|in|hand|||12,724,335||12385,840|| ||||||12,724,335||12,365,840|| |Creditors: amounts||falling|due within one|||||| |year||||10|f69,400)||(16,634)|| |Net current assets||||||12,654,935||12,369,206| |Total assets less|current||liabilities|||58,758,874||59,984,560| |Total net assets||||||58,758,874||59,984,560| |Charity funds||||||||| |Endowment
funds||||12||58,758,874||59,984,560| |Unrestricted
funds||||12||||| |Total funds||||||58,758,874||59,984,560| ## ||||||Note|2023
F|2022f| |---|---|---|---|---|---|---|---| |Cash flows from operating|activities||||||| |Net cash used
in operating|activities||||14|(224,621)|(1,993,893)| |Cash flows from investing|activities||||||| |Proceeds from sale of investments||||||20,979|254,372| |Interest received||||||40,982|436| |Net cash provided
by investing
activities||||||61,961|254,808| |Change
in cash and cash|equivalents
in the year|||||(162,660)|(1,739,085)| |Cash and cash equivalents|at the beginning||ofthe year|||12,385,840|13,670,436| |Change
in cash and cash equivalents||due to exchange||rate movements||501,155|454,489| |Cash and cash equivalents|at the end ofthe year||||15|12,724,335|12,385,840| |The notes on pages 12to 23form part||ofthese financial||statements|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Total|Total| |---|---|---|---|---|---| ||||funds|funds|funds| ||||2023
5|2023
5|2022f| |Bank|interest|receivable|40,982|40,982|436| |Total|2022||436|436|| ## ||Endowment|Total|Total| |---|---|---|---| ||funds|funds|funds| ||2023f|2023
5|2022f| |Foreign exchange gains|501,155|501,155|454,489| |Total 2022|454,489|454,489|| ## ## ## |||Grant|||| |---|---|---|---|---|---| |||funding
of|Support|Total|Total| |||activities|costs|funds|funds| |||2023
6|2023
6|2023
6|2022f| |Grant|making|242,550|34,837|277,387|1,976,393| |Total|2022|1,950,826|25,567|1,976,393|| ||Grant|Total|Total| |---|---|---|---| ||making|funds|funds| ||2023f|2023
5|2022f| |Accountancy fees|6,229|6,229|1,998| |Auditors
remuneration|7,044|7,044|5,922| |Professional costs|21,564|21,564|17,647| |Total 2023|34,837|34,837|25,567| |Total 2022|25,567|25,567|| ## ## ||||||2023|2022| |---|---|---|---|---|---|---| ||||||6|6| |Grants to institutions|||||242,550|1,950,826| ||||||242,550|1,950,826| |The total grants
paid to institutions|||during|the year was as follows:||| ||||||2023|2022| ||||||6|| |Community|development|||||| |Busoga Trust||||||790,000| |Ensemble
Pour La Difference||||||72,000| |Health
and|welfare|||||| |Acorns Children's
Hospice||Trust||||22,000| |Centrepoint|Soho||||31,500|31,500| |Helen and Douglas House|||||20,600|20,600| |NSPCC|||||20,600|20,600| |Royal British|Legion||||7,300|7,300| |Shelter|||||19,400|19,400| |The Trussell|Trust||||100,000|| |St Richard's|Hospice||||25,000|| |Environment|and heritage|||||| |The Woodland
Trust|||||18,150|18,150| |Education||||||| |St Edmund|Hall - Student|Recruitment/Data||Analyst||50,000| |St Edmund|Hall - Tutorial|Fellowship||||713,026| |The King's School Worcester - Bursary Funds||||||186,250| ||||||242,550|1,950,826| ## ## ## ||||||2023
6|2022f| |---|---|---|---|---|---|---| |Fees payable|to the Charity's|auditor|for the audit ofthe Charity's|annual||| |accounts|||||7,044|5,922| |Fees payable|to the Chanty's|auditor|in respect of:|||| |Accountancy|services||||3,000|4,122| ## ||||Non-UK|Total| |---|---|---|---|---| |||UK Unlisted|Unlisted|funds| |||2023f|2023
5|2023
5| |At 6 April 2022||2,465,643|45,149,711|47,615,354| |Revaluation||(358,798)|(3,163,648)|(3,522,446)| |Foreign exchange|gain||2,032,010|2,032,010| |Disposals||(20,979)||(20,979)| |Total 2023||2,085,866|44,018,073|46,103,939| ## ## ## ## |2023|2022| |---|---| |6|6| |69,400|16,634| ## ## ## ||Balance at 6|||Transfers|Gains/|Balance at 5| |---|---|---|---|---|---|---| ||April 2022|Income|Expenditure|in/out|(Losses)|Apnl 2023| ||F|E|6|F||| |Unrestricted||||||| |funds||||||| |General Funds-||||||| |all funds||40,982|(277,387)|236,405||| |Endowment||||||| |funds||||||| |Endowment||||||| |Funds - all funds|59,984,560|501,155||(236,405)|(1,490,436)|58,758,874| |Total offunds|59,984,560|542,137|(277,387)||(1,490,436)|58,758,874| ## ## |Statement offun|ds - prior year|||||| |---|---|---|---|---|---|---| ||Balance at|||Transfers|Gainsr|Balance at| ||1April 2021.
E|Income
f|Expenditure
E|in/out
E|(Losses)
E|5 April 2022
E| |Unrestricted||||||| |funds||||||| |General Funds||||||| |all funds||436|(1,976,393)|1,975,957||| |Endowment||||||| |funds||||||| |Endowment||||||| |Funds - all funds|64,384,525|454,489||(1,975,957)|(2,878,497)|59,984,560| |Total offunds|64,384,525|454,925|(1,976,393)||(2,878,497)|59,984,560| ## |Analysis of net assets between funds - cur|rent year||| |---|---|---|---| ||Unrestricted|Endowment|Total| ||funds|funds|funds| ||2023|2023|2023| ||E|8|6| |Fixed asset investments||46,103,939|46,103,939| |Current assets|69,400|12,654,935|12,724,335| |Creditors due within one year|(69,400)||(69,400)| |Total||58,758,874|58,758,874| ## ## ## ||Analysis|of net ass|ets betw|een f|unds|- prior|ye|ar|||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||Unrestricted|Endowment|Total| ||||||||||funds|funds|funds| ||||||||||2022|2022
6|2022f| ||Fixed asset investments|||||||||47,615,354|47,615,354| ||Current assets||||||||16,634|12,369,206|12,385,840| ||Creditors|due within|one year||||||(16,634)||(16,634)| ||Total|||||||||59,984,560|59,984,5SO| |14.|Reconciliation
of net movement||||in funds to||net|cash flow|from operating|activities|| |||||||||||2023
f|2022
f| ||Net
income/expenditure
for|||the|year|(as|per|Statement|of Financial||| ||Activities)|||||||||264,750|(1,521,468)| ||Adjustments
for:||||||||||| ||Dividends,|interests|and rents|from|investments|||||(40,982)|(436)| ||Decrease|in debtors|||||||||22,962| ||Increase/(decrease)||in creditors|||||||52,766|(40,462)| ||Gain/Loss|on foreign|exchange|||||||(501,155)|(454,489)| ||Net cash|used
in operating||activities||||||(224,621)|(1,993,893)| |15.|Analysis|ofcash and cash equivalents|||||||||| |||2023
6|2022
f| |---|---|---|---| |Cash|in hand|12,724,335|12,385,840| |Total|cash and cash equivalents|12,724,335|12,385,840| ## ## |||||||||Changes
in|| |---|---|---|---|---|---|---|---|---|---| |||||||||market|| |||||||||value and|| |||||||||exchange|| |||||||At 6April||rate|At 5April| |||||||2022|Cash flows|movements|2023| ||||||||F|5|8| |||||||F|||| |Cash|at|bank|and|in|hand|12,385,840|(162,660)|501,155|12,724,335| |||||||12,385,840|(162,660)|501,155|12,724,335| ## ##