| Trusteeswhoservedduring | |
|---|---|
| theyearandonthedate | CPettiward(Chairman) |
| theReportwasapproved: | JMPettiward |
| JRPettiward | |
| AMPettiward | |
| RathbonesTrustCompanyLimited | |
| 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,BS14NT |
| PropertyManagers: | DanielWatneyLLP,165FleetStreet,London,EC4A2DW |
| Medicine,scienceandthearts | 45,000 | 53 |
|---|---|---|
| Conservation,protectionandimprovementoftheenvironment | 15,000 | 18 |
| Supportforhomelesschildrenandadults | 25,000 | 29 |
| 85,000 | 100 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| Funds | Total | Unrestricted | ||
| 2023 | 2023 | 2022 | ||
£ |
£ |
£ |
||
| Notes | ||||
| Incomefrom: | ||||
| Investments | 3 | 265,893 | 265,893 | 268,749 |
| Otherincome | 4 | 0 | 0 | 663 |
| Total | 265,893 | 265,893 | 269,412 | |
| Expenditureon: | ||||
| Charitableactivities | 5 | 321,868 | 321,868 | 243,692 |
| Total | 321,868 | 321,868 | 243,692 | |
| Netgains/(losses)oninvestments | 10,11&12 | 70,696 | 70,696 | (115,140) |
| Netmovementinfunds | 14,721 | 14,721 | (89,420) | |
| Reconciliationoffunds: | ||||
| Balanceasat1January2023 | 8,132,075 | 8,132,075 | 8,221,495 | |
| Balanceasat31December2023 | 8,146,796 | 8,146,796 | 8,132,075 |
| Total | ||||
|---|---|---|---|---|
| Unrestricted | Total | Unrestricted | ||
| Funds | Funds | Funds | ||
| 2023 | 2023 | 2022 | ||
| £ | £ | £ | ||
| Notes | ||||
| FixedAssets | ||||
| InvestmentProperties | 10 | 6,932,000 | 6,932,000 | 7,440,000 |
| Investments | 11 | 547,497 | 547,497 | 411,431 |
| TotalFixedAssets | 7,479,497 | 7,479,497 | 7,851,431 | |
| CurrentAssets | ||||
| Debtors | 13 | 713,340 | 713,340 | 217,568 |
| Cashatbankandinhand | 41,283 | 41,283 | 145,023 | |
| TotalCurrentAssets | 754,623 | 754,623 | 362,591 | |
| Liabilities: | ||||
| Creditors:Amountsfallingdue | ||||
| withinoneyear | 14 | 87,324 | 87,324 | 81,947 |
| NetCurrentAs,sets | 667,299 | 667,299 | 280,644 | |
| TotalNetAssets | 8,146,796 | 8,146,796 | 8,132,075 | |
| FundsoftheCharity | ||||
| Unrestrictedfunds | 8,132,075 | 8,132,075 | 8,221,495 | |
| TotalFundsasat31December2023 | 8,146,796 | 8,146,796 | 8,132,075 |
| 3 | IncomefromInvestments | 2023 | 2022 | ||
|---|---|---|---|---|---|
| Rentalincome | 256,133 | 266,640 | |||
| Investmentincome: | |||||
| UnitTrustIncome | 1830 | ||||
| OverseasInterest | 951 | 123 | |||
| OverseasIncome | 1,905 | 28 | |||
| UKEquitiesandIncome | 4,063 | 206 | |||
| FixedInterest | 409 | 0 | |||
| Nonreclaimabletax | (202) | -4 | |||
| BankInterest | 804 | 1,756 | |||
| 265,893 | 268,749 | ||||
| 4 | Otherincome | 2023 | 2022 | ||
| Other | 0 | 663 | |||
| 0 | 663 | ||||
| 5 | Charitableactivities | Unrestricted | Funds | TotalFunds | TotalFunds |
| Grantmaking: | Direct | Support | |||
| Activities | Costs | 2023 | 2022 | ||
| £ | £ | £ | £ | ||
| Donationsmade(note6) | 85,000 | 0 | 85,000 | 111,000 | |
| Supportcosts(note7) | 0 | 207,688 | 207,688 | 103,673 | |
| Governancecosts(note8) | 0 | 29,180 | 29,180 | 29,019 | |
| 85,000 | 236,868 | 321,868 | 243,692 |
| Medicine,scienceandthearts | 45,000 | 53 | |
|---|---|---|---|
| Conservation,protectionandimprovementoftheenvironment | 15,000 | 18 | |
| Supportforhomelesschildrenandadults | 25,000 | 29 | |
| Totalunrestricteddonations | 85,000 | 100 | |
| AfulllistofdonationsmadetoinstitutionsfromUnrestrictedFundsandanalysedbytypefortheyear: | |||
| £ | £ | ||
| Medicine,scienceandthearts | |||
| TreloarTrust | 20,000.00 | ||
| AnthonyNolanTrust | 5,000.00 | ||
| Asthma+LungUK | 5,000.00 | ||
| ActionMedicalResearch | 5,000.00 | ||
| MedecinssansFrontieres | 0.00 | ||
| VersusArthritis | 5,000.00 | ||
| UniversityCollegeLondonCancerInstitute | 5,000.00 | ||
| TotalMedicine,scienceandthearts | 45,000 | ||
| Conservation,protectionandimprovementoftheenvironment | |||
| KewFoundationforGrowWildProject | 5,000.00 | ||
| RSPBforHarapanRainforest | 5,000.00 | ||
| SurvivalInternational | 5,000.00 | ||
| 15,000 | |||
| TotalConservation,protectionandimprovementoftheenvironment | |||
| Supportforhomelesschildrenandadults | |||
| NSPCC | |||
| SavetheChildren | |||
| Inspirations | |||
| YMCAEngland | 5,000.00 | ||
| Coram | 5,000.00 | ||
| Hope&HomesforChildren | 10,000.00 | ||
| IndependentAge | 5,000.00 | ||
| TotalSupportforhomelesschildrenandadults | 25,000 | ||
| TotalUnrestrictedDonationsmade | 85,000 |
| 7 | SupportCosts | 2023 | 2022 |
|---|---|---|---|
| Insurance | 2,922 | 2,962 | |
| Ratesandwater | 3,709 | 5,611 | |
| Lightandheat | 3,478 | 3,512 | |
| Repairsandrenewals | 57,316 | 37,923 | |
| Majorworks | 71,633 | ||
| PropertyManagementfees | 33,051 | 30,274 | |
| Servicechargesandcleaning | 24,538 | 23,253 | |
| HealthandSafety | 10,950 | 0 | |
| Bankcharges | 91 | 138 | |
| 207,688 | 103,673 | ||
| 8 | GovernanceCosts | 2023 | 2022 |
| Legalfees | 6,178 | 11,338 | |
| Accountancyandcompliancefees | 7,200 | 10,104 | |
| Auditors'remuneration | 7,200 | 5,627 | |
| RathbonesInvestmentManagementfees | 4,702 | 0 | |
| Otherprofessionalfees | 3,900 | 1,950 | |
| 29,180 | 29,019 |
| 10 | Investments | FairValue | Additions | Disposal | Revaluation |
FairValue |
|---|---|---|---|---|---|---|
| Properties | 01/01/23 | atcost | proceeds | Gains/(Losses) | 31/12/23 | |
| £ | £ | £ | £ |
£ | ||
| Freehold | 2,050,000 | 0 | 0 | 27,000 |
2,077,000 | |
| Longleasehold | 5,390,000 | 0 | (570,000) | 35,000 |
4,855,000 | |
| Shortleasehold | 0 | 0 | 0 | 0 |
0 | |
| 7,440,000 | 0 | (570,000) | 62,000 |
6,932,000 |
| 11 | Investments | Valueat | Purchases | Sales | Unrealised | Valueat |
|---|---|---|---|---|---|---|
| 01/01/23 | atcost | proceeds | Gains/(Losses) | 31/12/23 | ||
| £ | £ | £ | £ |
£ | ||
| Listed: | ||||||
| BondsandFixedInterest | 79,776 | 9,724 | (28,123) | 3,718 |
65,095 | |
| Overseas | 158,258 | 48,606 | (11,347) | 15,292 |
210,809 | |
| UKEquitiesandIncome | 173,397 | 93,708 | (3,672) | 8,160 |
271,593 | |
| 411,431 | 152,038 | (43,142) | 27,170 |
547,497 |
| 12 | Netgains/(losses)oninvestments | 2023 | 2022 |
|---|---|---|---|
| Revaluationofinvestments | 26,817 | (3,581) | |
| Revaluationofinvestmentsproperties | 62,000 | (109,500) | |
| Lossonsaleofinvestmentsproperties | (18,121) | (2,059) | |
| 70,696 | (115,140) | ||
| 13 | Currentassets | 2023 | 2022 |
| Debtors | |||
| Propertysaleproceeds | 551,879 | 0 | |
| Otherdebtors | 161,461 | 217,568 | |
| 713,340 | 217,568 | ||
| 14 | Liabilities: | 2023 | 2022 |
| Creditors:Amountsfallingduewithinoneyear | |||
| Othercreditors | 55,172 | 55,172 | |
| AccrualsandDeferredincome | 32,152 | 26,775 | |
| 87,324 | 81,947 |
| 15 | FinancialInstruments | 2023 | 2022 |
|---|---|---|---|
| Financialassetsmeasuredatamortisedcost | 754,623 | 362,591 | |
| Financialliabilitiesmeasuredatamortisedcost | 87,324 | 81,947 | |
| FinancialassetsmeasuredatfairvaluethroughSOFA | 547,497 | 411431 |