| Trustees | Mrs R Lail | ||
|---|---|---|---|
| Professor W Mattli | |||
| Sir R Peto | |||
| Mr R Lail | |||
| Professor V Crawford | |||
| Professor BJavorcik | |||
| Charity number | 1121352 | ||
| [ndependent | examiner | Critchleys Audit LLP |
|
| Beaver House | |||
| 23-38 Hythe Bridge Street | |||
| Oxford | |||
| OX1 ZEP | |||
| Bankers | Royal Bank of | Scotland Pic | |
| 32St Giles | |||
| Oxford | |||
| Oxfordshire | |||
| OX1 3ND | |||
| SOIICItors | Blake Morgan | LLP | |
| Seacourt Tower | |||
| West Way | |||
| Oxford | |||
| OX2 OFB |
| Page | |||
|---|---|---|---|
| Trustees report | |||
| Statement ofTrustees | responsibilities | ||
| Independent examiner's |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial | statements |
| Restricted | Endowment | Total | Restricted | Endowment | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2023 | 2023 | 2023 | 2022 | 2022 | 202'2 | |||
| Notes | R | F | ||||||
| Income from: | ||||||||
| Charitable activities |
||||||||
| Investments | 42,464 | 42,464 | 63,749 | 63,749 | ||||
| Ex enditure on: |
||||||||
| Raising funds | ||||||||
| Investment management costs |
9,628 | 9,628 | 10,516 | 10,516 | ||||
| Charitable activities |
||||||||
| Expenditure on charitable activities |
2,304 | 2,304 | 84 | 84 | ||||
| Total charitable expenditure |
2,304 | 2,304 | ||||||
| Total expenditure | 2,304 | 9,628 | 11,932 | 84 | 10,516 | 10,600 | ||
| Net gains/(losses) investments |
on | 7 | (183,066) | (183,066) | 38036 | 38036 | ||
| Net movement in |
funds | 40,160 | (192,694) | (152,534) | 63,665 | 27,520 | 91,185 | |
| Fund balances at 1 April | 2022 | 1I51,386 | 1,606,467 | 1,757,853 | 87,721 | 1,578,947 | 1,666,668 | |
| Fund balances at | 31 March | |||||||
| 2023 | 191,546 | 1,413,773 | 1,605,319 | 151,386 | 1,606,467 | 1,757,853 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Notes | f | f | ||||
| Fixed assets | ||||||
| Investments | 1,500,080 | 1,693,061 | ||||
| Current assets | ||||||
| Cash at bank and in | hand | 113,836 | 72,512 | |||
| Creditors: amounts one year |
falling due within | 10 | (8,597) | (7,720) | ||
| Net current assets | 105,239 | 64,792 | ||||
| Total assets less current liabilities | 1,605,319 | 1,757,853 | ||||
| Capital funds | ||||||
| Endowment funds - |
general | 1,413,773 | 1,606,467 | |||
| income funds | ||||||
| Restricted funds | 12 | 191,546 | 151,386 | |||
| Unrestricted funds |
||||||
| 1,605,319 | 1,757,853 |
| Restricted | Restricted | ||
|---|---|---|---|
| funds | funds | ||
| 2023 | 2022 | ||
| F. | |||
| Dividends | received | 42,072 | 63,742 |
| Interest receivable | 392 | 7 | |
| 42,464 | 63,749 |
| Endowment | Endowment | |||
|---|---|---|---|---|
| funds | funds | |||
| general | general | |||
| 2023f | 2022 | |||
| Investment | management | costs | 9,628 | 10,516 |
| 9,628 | 10,516 |
| Expenditure | Expenditure | |||
|---|---|---|---|---|
| on | on | |||
| charitable | charitable | |||
| activities | activities | |||
| 2023 | 2022 | |||
| Bank Charges | 38 | |||
| Independent | Examination | fee | 2,304 | 46 |
| 2,304 | ||||
| 2,304 | 84 |
| 2023 | 2022 |
|---|---|
| Number | Number |
| Endowment | Endowment | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| general | general | |||||
| 2023f | 2022 | |||||
| Movement | in | fair | value | ofinvestments | (183,066) | 38,036 |
| Investmentsf | ||
|---|---|---|
| Cost or valuation | ||
| At 1 April | 2022 | 1,693,061 |
| Additions | 73,660 | |
| Valuation | changes | (183,066) |
| Amounts | deposited/(withdrawn) | (12,164) |
| Disposals | (71,411) | |
| At 31 March 2023 | 1,500,080 | |
| Carrying | amount | |
| At 31 March 2023 | 1,500,080 | |
| At 31 March 2022 | 1,693,061 |
| Creditors: amounts falling due within one year |
||
|---|---|---|
| 2023 | 2022 | |
| Borrowing s | 3,888 | 3,888 |
| Other creditors | 4,709 | 3,832 |
| 8,597 | 7,?20 |
| s | ||||||
|---|---|---|---|---|---|---|
| Balance at | Resources | Revaluations | Balance at | Resources | Revaluations | Balance at |
| 1 April 2021 | expended | gains and losses |
1 April 2022 | expended | gains and 31 losses |
March 2023 |
| 1,578,947 | (10,516) | 38,036 | 1,606,467 | (9,628) | (183,066) | 1,413,773 |
| 1,578,947 | (10,516) | 38,036 | 1,606,467 | (9,628) | (183,066) | 1,413,773 |
| Movement | in funds | ilovement | in funds | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | Incoming | Resources | Balance at | |||
| 1 | April 2021 | resources | expended | 1 April 2022 | resources | expended | 31 | March 2023 | |
| E | f. | ||||||||
| Restricted | |||||||||
| fund | 87,721 | 63,749 | (84) | 151,386 | 42,464 | (2,304) | 191,546 |
| Analysis of | net assets | between funds | |||||
|---|---|---|---|---|---|---|---|
| Restricted | Endowment | Total | Restricted | Endowment | Total | ||
| funds | funds | funds | funds | ||||
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | ||
| Fund balances at 31 | |||||||
| March 2023 | are | ||||||
| represented | by: | ||||||
| Investments | 1,500,080 | 1,500,080 | 1,693,061 | 1,693,061 | |||
| Current assets/(liabilities) | 191,546 | (86,307) | 105,239 | 151,386 | (86,594) | 64,792 | |
| 191,546 | 1,413,773 | 1,605,319 | 151,386 | 1,606,467 | 1,757,853 |