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|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|





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|Medicine,scienceandthearts|45,000|53|
|---|---|---|
|Conservation,protectionandimprovementoftheenvironment|15,000|18|
|Supportforhomelesschildrenandadults|25,000|29|
||85,000|100|



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|||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|





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|||||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|



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|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|





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|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|





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|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|



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|10|Investments|FairValue|Additions|Disposal|<br>Revaluation|FairValue|
|---|---|---|---|---|---|---|
||Properties|01/01/23|atcost|proceeds|Gains/(Losses)|31/12/23|
|||£|£|£|<br>£|£|
||Freehold|2,050,000|0|0|<br>27,000|2,077,000|
||Longleasehold|5,390,000|0|(570,000)|<br>35,000|4,855,000|
||Shortleasehold|0|0|0|<br>0|0|
|||7,440,000|0|(570,000)|<br>62,000|6,932,000|





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|11|Investments|Valueat|Purchases|Sales|Unrealised|Valueat|
|---|---|---|---|---|---|---|
|||01/01/23|atcost|proceeds|Gains/(Losses)|31/12/23|
|||£|£|£|<br>£|£|
||Listed:||||||
||BondsandFixedInterest|79,776|9,724|(28,123)|<br>3,718|65,095|
||Overseas|158,258|48,606|(11,347)|<br>15,292|210,809|
||UKEquitiesandIncome|173,397|93,708|(3,672)|<br>8,160|271,593|
|||411,431|152,038|(43,142)|<br>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|





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|15|FinancialInstruments|2023|2022|
|---|---|---|---|
||Financialassetsmeasuredatamortisedcost|754,623|362,591|
||Financialliabilitiesmeasuredatamortisedcost|87,324|81,947|
||FinancialassetsmeasuredatfairvaluethroughSOFA|547,497|411431|



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