|Names ofthe trustees for the charity,|Names ofthe trustees for the charity,|ifany, (for example, any custodian
trustees)|ifany, (for example, any custodian
trustees)||
|---|---|---|---|---|
|Name||Dates acted if not for whole|ear||
|Names and addresses|of advisers
(Optional|information)|||
|T
eofadviser|Name|Address|||
|Legal adviser|Hunters,
Katie Martin|9 New Square,
Lincoln's
Inn, London, WC2A|3QN||
|Accountant|Trust Accounting,
Noel|6 Trull Farm Buildings,
Trull, Tetbury,
Gloucestershire,||GL8 8SQ|
||Cooper||||
|Independent
examiner|Dunkley's
Chartered|Woodlands
Grange, Woodland
Lane, Bradley|Stoke,|BS324JY|
||Accountants||||
|Investment
Managers|Brewin Dolphin
Ltd|12Smithfield
Street, London, EC1A 9BD|||
|Bankers|Royal Bank ofScotland|Child &Co. Bankers, 1Fleet Street, London,|EC4Y 1BD||
|Bankem|The Co-operative
Bank|St Paula House, 10Warwick Lane, London,|EC4M|7BP|
|Name ofchief executive or names ofsenior||staff members
(Optional
information)|||
##
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||f|||d|ment|Trust Deed dated 28/03/2007|||||
|---|---|---|---|---|---|---|---|---|---|---|
|How|the|charity|is|constituted||The foundation
is constituted|as a charitable|trust.|||
|||||||he current trustees
are members
ofthe Nugee family.|||New trustees|would|
|||||||be appointed
by the surviving|or continuing|trustees as|the need arises.||
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|During the year 17applications|During the year 17applications|During the year 17applications|were successfully|made to the Foundation,|
|---|---|---|---|---|
|of which Bwere new.|||||
|Grants and Donations 2022|||||
|The Africa n theatre||||E
2,500.00|
|Farlington
Defibrillator||||E 1,600.00|
|Faxton Benefice||||E
440.00|
|Musica
I Keys||||E 1,000.00|
|Drum Works||||E
2,000.00|
|Wo rid
He art Beat||||E
2,200.00|
|Wandsworth
Music||||E
2,000.00|
|Clapton Common
Boys Club||||E
2,000.00|
|Wyme ring||||E 1,000.00|
|The African theatre||||E 2,500.00|
|Artillery
Clerks' Association||||E
500.00|
|Buxton Arts Festival||||E 1,000.00|
|Lake District Summer
Music|Ltd|||E 1,500.00|
|Music Illuminated||||1,500.00|
|Wansdworth
Music||||E
2,000.00|
|Wiltshire
Music Centre||||E
2,000.00|
|Leeds International
Pianoforte||Competition||E 1,500.00|
|Total||||E27,240.00|
|Grants and Donations 2021|||||
|South London Strings||||E1,500.00|
|Ernest Read Symphony|Orchestra|||E1,500.00|
|Wiltshire
Music Centre|Zone||Club|E1,000.00|
|City of London Sinfonia||||E1,500.00|
|Aurora Orchestra||||E1,500.00|
|Leeds lnternationalPianoforte|||Competition|E1,000.00|
|Laycock Primary
School||||E1,500.00|
|NMC Ltcl||||E1,500.00|
|Olympias
Music Foundation||||E1,500.00|
|Gallions Music Trust||||E2,000.00|
|Halle Concerts Society||||E2,000.00|
|London Sinfonietta||||E2,500.00|
|Total||||E19,000.00|
|Briefstatement
ofthe|Briefstatement
ofthe|Briefstatement
ofthe|Briefstatement
ofthe|Reserves Policy|
|---|---|---|---|---|
|charity's
policy on reserves||||The Foundation
does not have a Reserve Policy as such. It is run as an|
|||||Endowment,
and the Trustees aim to secure the long-term
future ofthe|
|||||Foundation
by preserving
and growing the Foundation's
capital and only|
|||||using the income generated
in any year to find the donations
made that|
|||||year, limiting
grant-giving
in any year to the income available.|
|||||The Trustees monitor investment
performance
and continue to se the|
|||||Investment
Managers
the task ofpreserving
the capital while looking for|
|||||long-term
sustainable
growth. The Trustees rarely make formal
multi-year|
|||||grants and review the level ofgrants they make on an annual
basis.|
|Details of any funds
in deficit|||materially|**N**
**f**
o
unds were in deficit at the year end.|
|Further financial
review details||||(Optional
information)|
|You may choose to
additional
information,||include
where||For the year ended 31stDecember, total income from investments
amounted
to E22,222 compared
to E20,979 in the previous
year, an|
|relevant about:||||increase of5.9%.Income
in the form of donations
and gift aid was|
|~|the charity's
principal
sources offunds
(including|||unchanged
at E5,000(2021:E5,000).Grants and donations
agreed during
the year amounted
to E27,240 which was an increase of43.37%compared|
||any fundraising).|||to the previous year when grants 8 donations
totalling E19,000were|
|~|how expenditure
has
supported
the key objectives
ofthe charity.|||agreed. Governance
costs paid during the year amounted
to E858, an
increase from E360 in 2021;the costs of raising funds (Investment
Management
fees) decreased
by 0.09%from E6,988last year to E6,926 in|
|~|investment
policy||and|the year under review.|
||objectives
including||any||
||ethical investment||policy||
||adopted.||||
##
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|||(HARITY OOMMIS~IO|(HARITY OOMMIS~IO|(HARITY OOMMIS~IO|(HARITY OOMMIS~IO|(HARITY OOMMIS~IO|(HARITY OOMMIS~IO|The Nugae|The Nugae|The Nugae|The Nugae|Foundation|Foundation||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||FOR|ENGLANO||ANO|WALE|||||||||||||||
|||||||||For||Receipts and payments
the period
P-
.-'c!dwri
from
01/01/2022
To||||||accounts
'.icl
31/12/2022||||CC~6a|
||||'||-||||||||||||||||
||~||||~||.|~|~||||||||||||
|||||||||Unrestricted
income funds|||||Unrestricted
cap its I funds||Endowment|funds|Total|funds||last year|
||||||||||tothe nearest
E||||tcthe nearest E||tcthe nearest E||totheneareett.|||tctheneereetr.|
|A1 Recei||ts|||||||||||||||||||
|Dcrieiccri||||||||||||4,000||||||||4,000|
|||||||||||||1,000||||||||1,000|
|Investment|Income|||||||||||22,222||||||22,222||20,grs|
|Interest|||||||||||||||||||||
|Sub total|||(Gross income||||for
AR)|||||27222||||||27,222||25,979|
|A2 Asset||and||investment
sales|||||||||||||||||
|Investments
Brewin Dol|||||hin|||||||||210,497|||-|2(ortgr||216,440|
|(Cental)|||||||||||||||||||||
||||||Sub|total||||||||210/197||||210JI97||216,440|
|||||Total receipts|||||||27,222|||210,497|||-|237,719||242,419|
|A3pa ments|||||||||||||||||||||
|Dciieiicriri||||||||||||||||||||1,500|
|Grants||||||||||||27240||||||27|240|17,500|
|Inheritance|Tax||||||||||||||||||||
|Irivcnmcntri
Brriwic Dolphin Management
Feri Pad/rom
ce ital||||||||||||||6,926||||6,926||6,988|
|Interest|||||||||||||||||||||
|Feriri||||||||||||858|||||||858|360|
||||||Sub|total||||||28,098||||||35,02||26,348|
|A4 Asset||and||investment|||||||||||||||||
|urchases|||||||||||||||||||||
|Investments
Brewin Dol|||||hin|||||||||219,047||||219,047||209,062|
|(Capital)|||||||||||||||||||||
||||||Sub|total||||||||219,047||||219,047||209,062|
|||||Total payments|||||||28,098|||225,974|||-|ts4,071||23s,410|
|Net ofreceipts/(paymentsj||||||||||||(876)||(15,477)||||(16,362)||7,009|
|A5 Transfers||||between|funds|||||||3,194||3,194|||||||
|A6 Cash||funds last year end||||||||||6,787||22,604||||||22,382|
|Cash funds this|||||year||end|||||2,717||10,321||||13,038||29,391|
##