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2022-12-31-accounts
| Trusteeswhoservedduring |
|
| theyearandonthedate |
CPettiward(Chairman) |
| theReportwasapproved: |
JMPettiward |
|
JRPettiward |
|
AMPettiward(appointed18November2022) |
|
RathbonesTrustCompanyLimited(appointedNovember2022) |
|
PHamilton(resigned4August2022) |
| RegisteredOffice: |
43Hillway,Highgate,London,England,N66AH |
| CharityRegistrationNumber: |
1125130 |
| CompanyRegistrationNumber: |
06446031 |
| Solicitors: |
JPCLaw,OmniHouse,252BelsizeRoad,London,NW64BT |
| Accountancy: |
RathbonesTrustCompanyLimited,PortofLiverpoolBuilding,PierHead,Liverpool |
|
L31NW |
| Auditors: |
Grunberg&CoLtd,5TechnologyPark,ColindeepLane,Colindale,London,NW96BX |
| Bankers: |
Barclays,1ChurchillPlace,London,E145HP |
| InvestmentManagers: |
RathboneGreenbank,10QueenSquare,Bristol,BSI4NT |
| PropertyManagers: |
DanielWatneyLLP,165FleetStreet,London,EC4A2DW |
| Medicine,scienceandthearts |
55,000 |
50 |
| Conservation,protectionandimprovementoftheenvironment |
15,000 |
14 |
| Supportforhomelesschildrenandadults |
41,000 |
37 |
|
111,000 |
100 |
|
|
Unrestricted |
|
Total |
|
|
Funds |
Total |
Unrestricted |
|
|
2022 |
2022 |
2021 |
|
|
£ |
£ |
£ |
|
Notes |
|
|
|
| Incomefrom: |
|
|
|
|
| Investments |
3 |
268,749 |
268,749 |
240,486 |
| Otherincome |
4 |
663 |
663 |
20 |
| Total |
|
269,412 |
269,412 |
240,506 |
| Expenditureon: |
|
|
|
|
| Charitableactivities |
5 |
243,692 |
243,692 |
255,246 |
| Total |
|
243,692 |
243,692 |
255,246 |
| Netgains/(losses)oninvestments |
10,11&12 |
(115,140) |
(115,140) |
(310,750) |
| Netmovementinfunds |
|
(89,420) |
(89,420) |
(325,490) |
| Reconciliationoffunds: |
|
|
|
|
| Balanceasat1January2022 |
|
8,221,495 |
8,221,495 |
8,546,985 |
| Balanceasat31December2022 |
|
8,132,075 |
8,132,075 |
8,221,495 |
| StatementofFinancialPositionasat31 |
December2022 |
|
|
|
|
|
|
|
Total |
|
|
Unrestricted |
Total |
Unrestricted |
|
|
Funds |
Funds |
Funds |
|
|
2022 |
2022 |
2021 |
|
|
£ |
£ |
£ |
|
Notes |
|
|
|
| FixedAssets |
|
|
|
|
| InvestmentProperties |
10 |
7,440,000 |
7,440,000 |
8,084,500 |
| Investments |
11 |
411,431 |
411,431 |
0 |
| TotalFixedAssets |
|
7,851,431 |
7,851,431 |
8,084,500 |
| CurrentAssets |
|
|
|
|
| Debtors |
13 |
217,568 |
217,568 |
130,784 |
| Cashatbankandinhand |
|
145,023 |
145,023 |
76,233 |
| TotalCurrentAssets |
|
362,591 |
362,591 |
207,017 |
| Liabilities: |
|
|
|
|
| Creditors:Amountsfallingdue |
|
|
|
|
| withinoneyear |
14 |
81,947 |
81,947 |
70,022 |
| NetCurrentAssets |
|
280,644 |
280,644 |
136,995 |
| TotalNetAssets |
|
8,132,075 |
8,132,075 |
8,221,495 |
| FundsoftheCharity |
|
|
|
|
| Unrestrictedfunds |
|
8,132,075 |
8,132,075 |
8,221,495 |
| TotalFundsasat31December2022 |
|
8,132,075 |
8,132,075 |
8,221,495 |
| IncomefromInvestments |
2022 |
2021 |
|
£ |
£ |
| Rentalincome |
266,640 |
240,477 |
| Investmentincome: |
|
|
| OverseasInterest |
123 |
0 |
| OverseasIncome |
28 |
0 |
| UKEquitiesandIncome |
206 |
0 |
| Nonreclaimabletax |
(4) |
0 |
| BankInterest |
1,756 |
9 |
|
268,749 |
240,486 |
| Otherincome |
2022 |
2021 |
| Other |
663 |
20 |
|
663 |
20 |
| 5 |
Charitableactivities |
Unrestricted |
Funds |
TotalFunds |
TotalFunds |
|
Grantmaking: |
Direct |
Support |
|
|
|
|
Activities |
Costs |
2022 |
2021 |
|
|
£ |
£ |
£ |
£ |
|
Donationsmade(note6) |
111,000 |
0 |
111,000 |
136,000 |
|
Supportcosts(note7) |
0 |
103,673 |
103,673 |
98,299 |
|
Governancecosts(note8) |
0 |
29,019 |
29,019 |
20,947 |
|
111,000 |
132,692 |
243,692 |
255,246 |
| 6 |
Donationsmade |
|
|
|
|
AnanalysisofdonationsmadefromUnrestrictedFundsbytypeissummarisedasfollows: |
|
|
|
|
|
|
£ |
% |
|
Medicine,scienceandthearts |
|
55,000 |
50 |
|
Conservation,protectionandimprovementoftheenvironment |
|
15,000 |
14 |
|
Supportforhomelesschildrenandadults |
|
41,000 |
37 |
|
Totalunrestricteddonations |
|
111,000 |
100 |
|
AfulllistofdonationsmadetoinstitutionsfromUnrestrictedFundsand |
analysedbytypefortheyear: |
|
|
|
|
|
£ |
£ |
|
Medicine,scienceandthearts |
|
|
|
|
TreloarTrust |
|
25,000.00 |
|
|
AnthonyNolanTrust |
|
5,000.00 |
|
|
Asthma+LungUK |
|
5,000.00 |
|
|
ActionMedicalResearch |
|
5,000.00 |
|
|
MedecinssansFrontieres |
|
5,000.00 |
|
|
VersusArthritis |
|
5,000.00 |
|
|
UniversityCollegeLondonCancerInstitute |
|
5,000.00 |
|
|
TotalMedicine,scienceandthearts |
|
|
55,000 |
|
Conservation,protectionandimprovementoftheenvironment |
|
|
|
|
KewFoundationforGrowWildProject |
|
5,000.00 |
|
|
RSPBforHarapanRainforest |
|
5,000.00 |
|
|
SurvivalInternational |
|
5,000.00 |
|
|
|
|
|
15,000 |
|
TotalConservation,protectionandimprovementoftheenvironment |
|
|
|
|
Supportforhomelesschildrenandadults |
|
|
|
|
NSPCC |
|
5,000.00 |
|
|
SavetheChildren |
|
5,000.00 |
|
|
Inspirations |
|
1,000.00 |
|
|
YMCAEngland |
|
5,000.00 |
|
|
Coram |
|
5,000.00 |
|
|
Hope&HomesforChildren |
|
10,000.00 |
|
|
IndependentAge |
|
5,000.00 |
|
|
CruseBereavementCare |
|
5,000.00 |
|
|
TotalSupportforhomelesschildrenandadults |
|
|
41,000 |
|
TotalUnrestrictedDonationsmade |
|
|
111,000 |
| 7 |
SupportCosts |
2022 |
2021 |
|
|
£ |
£ |
|
Insurance |
2,962 |
2,597 |
|
Ratesandwater |
5,611 |
2,494 |
|
Lightandheat |
3,512 |
1,385 |
|
Repairsandrenewals |
37,923 |
38,132 |
|
PropertyManagementfees |
30,274 |
29,069 |
|
Servicechargesandcleaning |
23,253 |
24,526 |
|
Bankcharges |
138 |
96 |
|
|
103,673 |
98,299 |
| 8 |
GovernanceCosts |
2022 |
2021 |
|
|
£ |
|
|
Legalfees |
11,338 |
9,024 |
|
Accountancyandcompliancefees |
10,104 |
4,140 |
|
Auditors'remuneration |
5,627 |
5,503 |
|
Otherprofessionalfees |
1,950 |
2,280 |
|
|
29,019 |
20,947 |
| 10 |
Investments |
FairValue |
Additions |
Disposal |
Revaluation |
FairValue |
|
Properties |
01/01/22 |
atcost |
proceeds |
Gains/(Losses) |
31/12/22 |
|
|
£ |
£ |
£ |
£ |
£ |
|
Freehold |
2,079,500 |
0 |
0 |
(29,500) |
2,050,000 |
|
Longleasehold |
6,005,000 |
0 |
(535,000) |
(80,000) |
5,390,000 |
|
Shortleasehold |
0 |
0 |
0 |
0 |
0 |
|
|
8,084,500 |
0 |
(535,000) |
(109,500) |
7,440,000 |
| 11 |
Investments |
Valueat |
Purchases |
Sales |
Unrealised |
Valueat |
|
|
|
01/01/22 |
atcost |
proceeds |
Gains/(Losses) |
31/12/22 |
|
|
|
£ |
£ |
£ |
£ |
£ |
|
|
Listed: |
|
|
|
|
|
|
|
BondsandFixedInterest |
0 |
79,656 |
0 |
120 |
79,776 |
|
|
Overseas |
0 |
159,524 |
0 |
(1,266) |
158,258 |
|
|
UKEquitiesandIncome |
0 |
175,832 |
0 |
(2,435) |
173,397 |
|
|
|
0 |
415,012 |
0 |
(3,581) |
411,431 |
|
| 12 |
Netgains/(losses)oninvestments |
|
|
|
2022 |
|
2021 |
|
Revaluationofinvestments |
|
|
|
(3,581) |
|
0 |
|
Revaluationofinvestmentsproperties |
|
|
|
(109,500) |
|
(310,750) |
|
Lossonsaleofinvestmentsproperties |
|
|
|
(2,059) |
|
0 |
|
|
|
|
|
(115,140) |
|
(310,750) |
| 13 |
Currentassets |
|
|
|
2022 |
|
2021 |
|
Debtors |
|
|
|
£ |
|
£ |
|
Otherdebtors |
|
|
|
217,568 |
|
130,784 |
|
|
|
|
|
217,568 |
|
130,784 |
| 14 |
Liabilities: |
|
|
|
2022 |
|
2021 |
|
Creditors:Amountsfallingduewithin |
|
oneyear |
|
£ |
|
£ |
|
Othercreditors |
|
|
|
55,172 |
|
60,420 |
|
AccrualsandDeferredincome |
|
|
|
26,775 |
|
9,602 |
|
|
|
|
|
81,947 |
|
70,022 |
| 15 |
FinancialInstruments |
2022 |
2021 |
|
|
£ |
£ |
|
Financialassetsmeasuredatamortisedcost |
362,591 |
207,017 |
|
Financialliabilitiesmeasuredatamortisedcost |
81,947 |
70,022 |
|
FinancialassetsmeasuredatfairvaluethroughSOFA |
411,431 |
0 |