## |||**Page**|| |---|---|---|---| |**Reference and Administrative Details**||1|| |**Chair's Statement**||2|| |**Report of the Trustees**||3|| |**Report of the Independent Auditors**|4|to|6| |**Statement of Financial Activities**||7|| |**Balance Sheet**||8|| |**Notes to the Financial Statements**|9|to|15| |**Detailed Statement of Financial Activities**||16|| |**TRUSTEES**|I C Albert| |---|---| ||C C Birch| ||C R Cochrane| ||M Duggan| ||R E Flanigan| ||G I A Glasener−Cipollone| ||R Gooch| ||S Park| ||C Smith| ||D 3 Terry Chair| ||M B Jeffrey (resigned 20.9.23)| ||A Pampos (resigned 12.5.23)| ||S Bundock (deceased 17.8.23)| |**COMPANY SECRETARY**|K M Holliday| |**REGISTERED OFFICE**|1st Floor| ||Gail House| ||Lower Stone Street| ||Maidstone| ||Kent| ||ME15 6NB| |**REGISTERED COMPANY NUMBER**|06414570 (England and Wales)| |**REGISTERED CHARITY NUMBER**|1121671| |**INDEPENDENT AUDITORS**|Deeks Evans Audit Services Limited| ||Registered Auditors| ||Chartered Accountants| ||First Floor, West Barn| ||North Frith Farm, Ashes Lane| ||Hadlow| ||Tonbridge| ||Kent| ||TN11 9QU| |**SOLICITORS**|Gill, Turner & Tucker| ||Colman House| ||maidstone| ||Kent| ||ME14 1JE| |**INVESTMENT MANAGERS**|BlackRock Investment Management (UK)| ||Limited| ||12 Throgmorton Avenue| ||London| ||EC2N 2DL| ||Savills Investment Management (UK)| ||Limited| ||33 Margaret Street| ||London| ||W1G OJD| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||2023|2022| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||226,933|266,322| |Investment income|2|38,864|35,000| |**Total**||265,797|301,322| |**EXPENDITURE ON**|||| |**Charitable activities**|||| |Grants||356,985|302,744| |Other||39,724|52,277| |**Total**||396,709|355,021| |Net gains/(losses) on investments||7,482|(106,329)| |**NET INCOME/(EXPENDITURE)**||(123,430)|(160,028)| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||1,192,181|1,352,209| |**TOTAL FUNDS CARRIED FORWARD**||1,068,751|1,192,181| ## |||2023|2022| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes||| |**FIXED ASSETS**|||| |Investments|7|813,791|926,309| |**CURRENT ASSETS**|||| |Debtors||211,610|246,945| |Cash at bank||48,150|28,336| |||259,760|275,281| |**CREDITORS**|||| |Amounts falling due within one year|8|(4,800)|(9,409)| |**NET CURRENT ASSETS**||254,960|265,872| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||1,068,751|1,192,181| |**NET ASSETS**||1,068,751|1,192,181| |**FUNDS**|9||| |Unrestricted funds||1,068,751|1,192,181| |**TOTAL FUNDS**||1,068,751|1,192,181| ## ## ## ## ## ## ## ## ## ## ## ## ## |**2.**|**INVESTMENT INCOME**||| |---|---|---|---| |||2023|2022| ||investment income|38,864|35,000| |**3.**|**GRANTS PAYABLE**||| |||2023|2022| ||Grants|356,985|302,744| ## ## |Grants paid to other charities in 2023|| |---|---| ||2023| ||£| |**BT Benevolent Fund**|25,000| |General welfare grants including Winter Fuel payments.|| |**Civil Service Retirement Fellowship (CSRF)**|10,000| |General grant|| |**Education Support Partnership**|25,000| |General hardship support grant|| |**Railway Benefit Fund**|25,000| |Grant to fund the RBF Energy Fund which has been specially designed to|| |reduce the immediate financial impact of recent energy price increases|| |**Association of Air Ambulances**|10,000| |General support grant|| |**Lia's Wings**|10,000| |Grant to fund one child's life−changing air transfer|| |**The Care Workers Charity**|25,000| |General welfare support grants to care workers and their families|| |**Cavell Nurses Trust**|20,000| |General hardship grants for nurses, midwives and healthcare assistants|| |**HASSRA**|3,000| |Grant for the HASSRA Development Fund supporting disabled sportspeople|| |**Charity for Civil Servants**|75,000| |Provision of extra support for the financial assistance to hardship cases|| |**The Ambulance Service Trust**|10,000| |General grant for Ambulance staff in immediate financial crisis|| |**Postal Family Fund**|10,000| |Funding for University Bursaries|| |**Social Workers Benevolent Trust**|20,000| |General grant for supporting Social Workers who are suffering financial|| |hardship|| |**Healthcare Workers Foundation**|5,000| |General grant towards support and staffing|| |**Hospice UK**|20,000| |Grant to provide high quality care to people with terminal or life limiting|| |conditions|| |**Teaching Staff Trust**|5,000| |General grant towards key areas of support and hardship|| |**Rowland Hill Fund**|25,000| |General welfare grants|| |**Relatives and residents Association**|5,000| |Grant for communicating to more older people and their families facing|| |problems with care|| |**The Edridge Fund**
National Association of Probation Officers|10,000| |General grant for the financial hardship cases|| ||338,000| ## ## ||2023|2022| |---|---|---| |Auditors remuneration|4,800|6,930| |Accountancy||690| ## ## ## ## ||Unrestricted| |---|---| ||fund| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|266,322| |Investment income|35,000| |**Total**|301,322| |**EXPENDITURE ON**|| |**Charitable activities**|| |Grants|302,744| |Other|52,277| |**Total**|355,021| |Net gains/(losses) on investments|(106,329)| |**NET INCOME/(EXPENDITURE)**|(160,028)| |**RECONCILIATION OF FUNDS**|| |Total funds brought forward|1,352,209| |**TOTAL FUNDS CARRIED FORWARD**|1,192,181| ## ## |**FIXED ASSET INVESTMENTS**|| |---|---| ||Listed| ||investments| ||E| |**MARKET VALUE**|| |At 1 January 2023|926,309| |Revaluations|(112,518)| |At 31 December 2023|813,791| |**NET BOOK VALUE**|| |At 31 December 2023|813,791| |At 31 December 2022|926,309| ## ## |Cost or valuation at 31 December 2023 is represented by:|||| |---|---|---|---| ||||Listed| ||||investments| ||||E| |Valuation in 2023|||(112,518)| |Cost|||926,309| ||||813,791| |**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| |||2023|2022| |Accruals and deferred income||4,800|9,409| |**MOVEMENT I N FUNDS**|||| |||Net|| |||movement|At| ||At 1.1.23|in funds|31.12.23| ||E||| |**Unrestricted funds**|||| |General fund|1,192,181|(123,430)|1,068,751| |**TOTAL FUNDS**|1,192,181|(123,430)|1,068,751| ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||E|E|E|E| |**Unrestricted funds**||||| |General fund|265,797|(396,709)|7,482|(123,430)| |**TOTAL FUNDS**|265,797|(396,709)|7,482|(123,430)| ## ## ## |||Net|| |---|---|---|---| |||movement|At| ||At 1.1.22|in funds|31.12.22| |**Unrestricted funds**|||| |General fund|1,352,209|(160,028)|1,192,181| |**TOTAL FUNDS**|1,352,209|(160,028)|1,192,181| ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|f|£|£| |**Unrestricted funds**||||| |General fund|301,322|(355,021)|(106,329)|(160,028)| |**TOTAL FUNDS**|301,322|(355,021)|(106,329)|(160,028)| |||Net|| |---|---|---|---| |||movement|At| ||At 1.1.22|in funds|31.12.23| |**Unrestricted funds**|||| |General fund|1,352,209|(283,458)|1,068,751| |**TOTAL FUNDS**|1,352,209|(283,458)|1,068,751| ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|567,119|(751,730)|(98,847)|(283,458)| |**TOTAL FUNDS**|567,119|(751,730)|(98,847)|(283,458)| ## ## ## ## |**for the Year Ended 31 Decem**|**ber 2023**|| |---|---|---| ||2023|2022| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|226,933|266,322| |**Investment income**||| |investment income|38,864|35,000| |**Total incoming resources**|265,797|301,322| |**EXPENDITURE**||| |**Charitable activities**||| |Grants to institutions|338,000|287,000| |Grants to individuals|18,985|15,744| ||356,985|302,744| |**Support costs**||| |**Governance costs**||| |Auditors' remuneration|4,800|6,930| |Accountancy||690| |Insurance|1,840|1,688| |Office expenses|6,337|16,222| |Recharged staff costs|26,747|26,747| ||39,724|52,277| |Total resources expended|396,709|355,021| |**Net expenditure before gains and losses**|(130,912)|(53,699)| |**Realised recognised gains and losses**||| |Realised gains/(losses) on fixed asset investments|7,482|(106,329)| |**Net expenditure**|(123,430)|(160,028)|