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2022-12-31-accounts
| Trustees |
A M Fox |
(Chairman) |
|
S M J Leary |
|
| Principal office |
Linden House |
|
|
Linden Close |
|
|
Tunbridge Wells |
|
|
Kent |
|
|
TN4 8HH |
|
| Independent examiner |
Si Wakefield ACA |
|
|
Dixon Wilson |
|
|
22 Chancery Lane |
|
|
London |
|
|
WC2A 1LS |
|
| Charity number |
1122463 |
|
| Bankers |
Coutts & Co |
|
|
440 Strand |
|
|
London |
|
|
WC2R OQS |
|
| Investment manager |
Hottinger _Investment _ |
Management Limited |
|
St. James's |
|
|
London |
|
|
SW I H 9BU |
|
| Solicitors |
Boodle Hatfield LLP |
|
|
240 Blackfriars Road |
|
|
London |
|
|
SE I 8NW |
|
|
Unrestricted |
Unrestricted |
|
Funds |
Funds |
|
2022 |
2021 |
|
E |
E |
| Receipts |
|
|
| Investment income |
4,666 |
4,478 |
| Receipts from sale of listed investments |
129,942 |
261,609 |
| Receipts from sale of unlisted investments |
399,925 |
268,977 |
| Loan repayments |
600 |
15,600 |
| Royalties |
1,425 |
2,395 |
| Donations |
5 |
14 |
| Other receipts |
876 |
|
| Total receipts |
537,439 |
553,073 |
| Payments |
|
|
| Charitable donations |
96,358 |
359,662 |
| Purchase of investments |
151,509 |
|
| Administrative costs |
40,103 |
43,213 |
| Total payments |
287,970 |
402,875 |
| N e t receipts for the year |
249,469 |
150,198 |
| Cash at bank at I January |
172,201 |
22,003 |
| Cash a t bank a t 31 December |
421,670 |
172,201 |
|
Unrestricted |
Unrestricted |
Unrestricted |
|
|
Funds |
Funds |
|
|
2022 |
2021 |
| Investment assets |
|
|
|
| Listed investment portfolio (market value) |
|
431,145 |
425,988 |
| Shares in Grosvenor Research Trading and Investments Ltd |
|
|
|
| (estimated value of shares at 31 December 2022) |
|
9,000 |
1,095,365 |
| Shares in Internet Mobile Communications Ltd |
|
|
126,976 |
| Loan to Internet Mobile Communications Ltd |
|
1,003,838 |
|
| Cash at bank |
|
421,670 |
:72,20! |
| Other monetary assets |
|
|
|
| Loans (2021 figure restated— see priorperiodrestatement on page6) |
|
63,404 |
64,004 |
| Copyrights |
|
7,310 |
7,310 |
| Liabilities |
|
|
|
| Legal fees |
|
|
11,018 |
| Independent examiner's fee accrual |
|
3,960 |
3,600 |
| Other liabilities |
|
1,551 |
514 |
| The financial statementsonpages 8 and 9 were approved by the Trustees on |
5/ |
October |
2023 and were |