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|---|---|---|
|Legal and sdminisealive|information||
|Trustees' Reporl|||
|Independent
examiner's|report||
|Statement olfinancial activges|||
|Balance sheet|||
|Notes totha dnancial statements||8-12|
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|Trlrstees||||Gerald
N Pack||
|---|---|---|---|---|---|
|||||Carol APack||
|||||Ellsabeth
Hirlemann||
|||||Matthew Peck||
|||||Simon Pack||
|||||Jeremy Pack||
|||||Hannah
Aylstt||
|Key Management||Pemonnsl||Trustees ss above, and Simon Whitehouse||
|Principal address||||37St Margaret's|Street|
|||||Canterbury||
|||||Kent||
|||||CT1 2TU||
|Independent|examiner|||Samantha
Rouse FCCA DChA||
|||||Kreston Reeves|LLP|
|||||Chanered
Accountants||
|||||37St Margaret's|Street|
|||||Canterbury||
|||||Kent||
|||||CT12TU||
|Sankem snd|Invssbnent||Managers|Coutls &Co||
|||||440Strand||
|||||London||
|||||WC2R OQS||
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|I report to the trustees
on my examination
ofthe accounts ofthe charity for the year ended 31 March 2023.|I report to the trustees
on my examination
ofthe accounts ofthe charity for the year ended 31 March 2023.|I report to the trustees
on my examination
ofthe accounts ofthe charity for the year ended 31 March 2023.|I report to the trustees
on my examination
ofthe accounts ofthe charity for the year ended 31 March 2023.|I report to the trustees
on my examination
ofthe accounts ofthe charity for the year ended 31 March 2023.|||
|---|---|---|---|---|---|---|
|Responslbgilles|and basis ofreport||||||
|As the charity's trustees
you are responsible
for the preparation
ofthe accounts|||in accordance|with the requirements||of|
|the Charities Act|2011 ('the 2011Act').||||||
|I report
in mspect of my examinafion
ofthe charity's
accounts||cerned
out under section 145ofthe Act and
in|||canying|out|
|my examinabon|I have followed
afi the applicable
Directions|given by the Charity|Commission|under secbon|145(5)(b)of||
|the Act.|||||||
|Independent
examiner's
statement|||||||
|I have completed|my examination.
I confirm that no material|matters
have come|to my attention
in connection
with|||the|
|examination
giving me cause to believe that in any material respect:|||||||
|1.|accounting
records were not kept in respect|ofthe charity as required
by section 130ofthe 2011Act;||||or|
|2.|the accounts do not accord with those records; or||||||
|3.|the accounts
do not comply
with
the applicable
requirements||concerning|the form
and|content|of|
||accounts set out in the Charities
(Accounts|and Reports) Regulations
2008 other than any|||requirement||
||that the accounts give a 'We and fair vieW|which is not a maiter considered||as part ofan independent|||
||examination.||||||
##
||||||Unrestricted|funda|
|---|---|---|---|---|---|---|
|||||Notes|2023|2022|
|||||||2|
|Income from:|||||||
|Investment
income|||||35,832|31,839|
|Donations received|||||8,420|2,470|
|Other Income|||||4||
|GE Aid|||||2,105|618|
|Total Income|||||||
|Expendltum
on:|||||||
|Cost of raising funds|||||||
|Investment|management||fees||8,742|9,065|
|Charitable
expenditure|||||26,978|81,057|
|Other expenditure|||||2,204|2,730|
|Total expenditure|||||||
|Net Income before gains||on investments|||8,437|(57,925)|
|Realised and unrealised|gains on investments|||6.2|(90.662)|95,591|
|Exchange rate movements||on cash|held as inveslmsnt||1,811|504|
|Net movement
In funds|||||(80,414)|38,170|
|Reconcglation
offunds:|||||||
|Fund balances st 1 Aprg||2022|||1,865,342|1,827,172|
|Fund balances st 31March 2023|||||84R8|88|
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|Direct charitable expenditure|Direct charitable expenditure|Direct charitable expenditure||||||||2023|2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||E||E.|
|General
grants;|||||||||||||
|Porchlight||||||||||10,000||15,000|
|Demelza||||||||||5,000||5,000|
|Good Chance Theatre||||||||||5,000|||
|Kent Community
Foundation||||||||||2,855||2,473|
|NSPCC||||||||||668||2,004|
|Royal Briash Legion||||||||||||20,000|
|British Red Cross||||||||||||10,000|
|UNHCR UK||||||||||||10,000|
|Prostate Cancer||||||||||||5,000|
|King's College Hospital|Charity|||||||||||5,000|
|Royal Marsden Cancer|Charity|||||||||||3,600|
|Other sundry grants||||||||||3,455|||
|||||||||||26,978||81,057|
|Otherexpenditure||||||||||2023||2022|
|||||||||||E||E|
|Accountants
remuneration||||||||||1,422||1,844|
|Professional
fees||||||||||782||886|
|||||||||||2204||27|
|Included
within 'Accountants||remuneration'|||are Independent|||Examiners fees ofE1,422 (2022 E1,844).|||||
|Trustees'
remunenttion|||||||||||||
|The Trustees received no|remuneration|||or reimbursement||||during the year (2022: None).|||||
|The Trustees consider that||themselves|||and Simon Whitehouse
comprise
the Key Management||||||Personnel
of||
|the charity
in charge of directing|||and controlling,|||running||and operating|the charity on|a day to|day|basis. All|
|Trustees
give of their time||freely|and no||Trustee|received||remuneration|in the year.
Simon Whitehouse
is an||||
|external
consultant.|||||||||||||
|As noted above no Trustees||received any remuneration|||||during the year (2022:Enil) and|||amounts|due to Key||
|Management
Personnel
in the year amounted
to||||||E782(2022:E886).|||||||
|Fixed assets investments||||||||||2023||2022|
|Quoted investments
comprise:||||||||||E||E|
|Bank and cash deposits||||||||||31,249||36,811|
|Coutls Bank Charity Porffotio (note 5.2)|||||||||1 729954||1|818542|
|||||||||||1 761203|1 855353||
|Quoted investments||||||||||2023||2022|
|||||||||||E|||
|At 1 April 2022||||||||||1,818,542|1,763,093||
|Ad(aaons||||||||||887,846||759,555|
|Disposals||||||||||(885,772)||(799,697)|
|Net realised and unrealised||investment||(losses) Igains||||||90662||95,591|
|At 31March 2023||||||||||1 729954|1 818542||
##
|5|Fixed assets investments|Fixed assets investments|||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||||8|2|
|5.3|Cost at 31 March||||||1697537|1 682568|
||Holdings|in investments
at 31 March, which||are material||in value are:|||
|||Coutts UK ESG Insights|Equity Fund||||326,148|118,728|
|||Coutls US and Canada|Enhanced|Index Govt||Bond Fund CGBP Dist|287,030||
|||Coutls US ESG InsigMs|Equity Fund||||282,502|323,926|
|||Coutts Europe Acdvely|Managed|US Equity|Index Fund||148,719|177,860|
|||Coutls Europe Adivety|Managed|UK Equity|Index Fund||132,507|140,050|
|||Vangaurd
Emerging
Markets Stock Index|||||68,763|29,146|
|||Invesco European
Equiiy Fund|||||53,093|64,423|
|||Legal &General
Health|and Pharma||||49,316|41,869|
|||Royal London Bond Funds ICVC||Shares YGBP Royal London Short Term|||41,696||
|||Neuberger
Barman Short Duration||Emerging||Mkt Debt|41,158|45,056|
|||Robeco Capital growth|- Emerging|Stars|||34,943|37,307|
|||Cootie US ESG Insights|Equity Fund (hedged)||||33,069|43,757|
|||Coutls Europe Enhanced
Index Government|||Bond Fund CGBP Dist||29,192||
|||Xtrackers
—MSCI Japan|||||27,482|28,887|
|||Royal London sustainable
leaders|||||18,088|39,009|
|||Artemis
UK Select Fund|GBP||||17,827|35,170|
|||Equator
UK Sov Debt fund||||||233,788|
|||iShares FTSE 100UCITS ETFGBP||||||144,271|
|||Capital
International
Fund New Perspective|||Fund|||57,739|
|||UBSChina Fixed Income||||||43,404|
|||Schroder Income Fund|GBP|||||36,996|
||Debtom||||||2023|2022|
||||||||6|6|
||Gift Aid||||||21 5|618|
||Cash at|bank|||||2023|2022|
||||||||5|6|
||Bank and money market deposits||||||24224|12079|
||Creditors: amounts
falling due within one year||||||2023|2022|
||||||||2|6|
||Accruals|and deferred
income|||||2604|2708|
||Financial|instruments|||||2023|2022|
||||||||2|2|
||Financial|assets measured
at farr|value||||1 729954|1818542|
||Financial|assets measured
at fair|value comprise investments.||||||
##
|Unresbtcted|funds|funds||||||||
|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|funds - current year|||||||||
||||||||Transfer|||
|||As at|1 Aprg|||Unmagsed|behveen|As at 31||
||||2022|Income|Expenditure|losses|funds|March 2023||
||||2|2|2|2|2||2|
|Unrestricted||||||||||
|-General fund|||9,989|10,619|(29,182)||32,299|23,725||
|Designated
- Fixed asset|fund
investment|1 855353||35742|8742|88851|32299|1761203||
|||||||||17||
|Unrestricted|funds - prior year|||||||||
||||||||Transler|||
|||As at|1 Aprg|||Unreslised|between|As at 24||
||||2021|Irlcorrw|Expenditure|gains|funds|Mamh|2022|
||||2|2|2|8|2||2|
|Unrestricted||||||||||
|-General fund||||3,093|(83,787)||||9,989|
|Designated|fund|||||||||
|- Fixed asset|investment|1 782834||31834|906|96095|46345|1855353||
|Transfer between funds||||||||||
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