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|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|





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|Medicine,scienceandthearts|55,000|50|
|---|---|---|
|Conservation,protectionandimprovementoftheenvironment|15,000|14|
|Supportforhomelesschildrenandadults|41,000|37|
||111,000|100|



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|||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|





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|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|





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|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|





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||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|





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|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|



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|10|Investments|FairValue|Additions|Disposal|Revaluation|FairValue|
|---|---|---|---|---|---|---|
||Properties|01/01/22|atcost|proceeds|Gains/(Losses)|31/12/22|
|||£|£|£|£|£|
||Freehold|2,079,500|0|0|<br>(29,500)|2,050,000|
||Longleasehold|6,005,000|0|(535,000)|<br>(80,000)|5,390,000|
||Shortleasehold|0|0|0|<br>0|0|
|||8,084,500|0|(535,000)|<br>(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|<br>120|79,776||
||Overseas|0|159,524|0|<br>(1,266)|158,258||
||UKEquitiesandIncome|0|175,832|0|<br>(2,435)|173,397||
|||0|415,012|0|<br>(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|





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|15|FinancialInstruments|2022|2021|
|---|---|---|---|
|||£|£|
||Financialassetsmeasuredatamortisedcost|362,591|207,017|
||Financialliabilitiesmeasuredatamortisedcost|81,947|70,022|
||FinancialassetsmeasuredatfairvaluethroughSOFA|411,431|0|



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