THE BROOMTON FOUNDATION
REPORT AND ACCOUNTS
YEAR ENDED 5 APRIL 2023

THE BROOMTON FOUNDATION
INDEX
Year ended 5 April 2023
General irlormat•)n
TnMt••z' anftu￿ r•port
AudrEor's rcport
Stat¢m4ftr af f￿￿CIal
Baknce sheet
Sratemenr of ¢ash flows
10
Notes to the St￿ments

THE BROOMTON FOUNDATION
GENERAL INFORMA TION
YeAr end￿ 5 Aprll 2023
EJtabllsh•d by deed
6 April 2C#)8
Charity number
112S386
Trustees
J F Chamberf&
R H Chamberlaift
KELèwi
Prfnclpal office
Provldenct House
141.145 Pri￿ StrEE¢
IPsw￿h
Suffolk
Ipi ioj
Trust summary
Th• eharty was esDbl$hed in the Unrted KmBdprn by
<ked dar￿ 6 Aprtl 21>)6.
The and witral af th• Trust 15 by the Trustees
for yxh Ch¥its￿r Purpo￿ as thy thir*k
Up ro 5 2018 (9.698.127 wa5 ￿ed to the TrwL
OM 31 Derember 2018 £1.350.WO Yrts ro the Tru
On 24 DÉcember 2019 £470.C(IJ 8ft•d ro th• Tru%L
On 23 D•e•mber 2020 11.050.000 was to th¢ Tru5L
OA 22 Dt¢ember 2021 U.150.¢y)O was xiked to Trusu
Bankers
CHwe&Co
37 Fleet Stree¢
L¢ndon
EC4P 4DQ
In￿StMent ad¥lsor3
CCLA Investsnent Manatrn￿fit
l Angd Lane
LondtsA
EC4R 3AB
Auditor
Dixon Wilson Audr< Service5 LLP
22 Chancery Lane
Lond
ILS

THE BR¢)OMTON FOUNDATION
TRUSTEES
ANNUAL REPOR T
Year ended 5 Aprtl 2023
Th• Trtssrw present their annLMI r¢porE aEEwnts f¢Jr the year ended S Aprsl 2023. Thc accounts ccfflply w
current stattstwy requlremencs and arc m complon¢¢ wrth the rElevant proyisions of the Charits"es AOL 2011, the
TrusL Deed and Ae¢ountlng and RewJrcinR by Char￿¢5. Statement pf Recon)mended Practice applK#bk to
<hariti¢s preparing th•ir acetsufirs b) a¢¢ordJnce wlth th¢ Financial R¢portmz Srandard applkable in the UK and
Republt of Ireland IFRS 102) leff•ctN• I 2019). Th• r•port shouFd b¢ roniunttign vrith tho general
InformatK￿ provbled oft pa8c I
Adrninirtratlve Inlom)ation
The 8roomron Fou￿11￿n i% a Ghary reEiKertd w￿h th• Charty Commission. reSts￿ti￿n nurnbEr 1125386. Tr¢
governed and consuiuted by A Trusr Deod d￿d 6 Aprfl 20
Structure. governance. and management
The Trustee5 haye served during the year arc those shown on py 2. The powtr of awoirttrr¢ni ol new
Trusree5 is vesred In rhe currenc Truscees irt accordance wth the ternis of thé Trust Dee
New ar• thefou*ty brlefed by th¢ existMi8 Trusree5 on aPp￿rmEnt to their posu.
OW¢rtl¥es and activitsu for th• pulAir b•nefit
Th• Object ol the ch•ricy. as s¢t ou¢ in th¢ Trus¢ D¢¢d ts t¢ prgvidE supporc to such Charitablt purposes.
charirabl• Snscltutions. or SnstiEUtions whith PrO￿de publK b¢ncfr¢ as the Tru￿￿ in their absolure discredor*
i•I•cL Th• charty'$ onty attivty is fulfilling objective by mthng Krants and dpnougn5 thrpughgut the yev.
The Trustee5. havir*g r•rArd ta th• publK b•n*frE eUhknc• publithed by the Charity CommissK)n in ale0rda￿t with
seEtipn 17 of the Chariri•s Acr 201 I, cansid*r that the pLrw• and a¢rlvlcles of the charity sarsfy the req¥irements
of th¢ public benefrL test Section 4 of the KL
Achlevements and perforniance
The Trusrees. ¢yeraN li%*stm￿ ¢*iecti%* is ro rr￿In￿kn a muld-asser p￿￿0110 and a balan¢¢ of income
d aprtal yowth.
Rccyien15 of gran15 arE thnt(Kd and 5ftectEd by the Trustees. tv•ho a rexukr ba515 ro dLSCU55 the tharrry'5
application of fvnds. Once all Trusrees are in weement as to thè nawre and size of grants, th￿t are made
accordlng to the Trustees. ins¢nJrtions. The thxry %Yts•s not r•spoAd tts untallclréd rèquésts for fvndi
Durtng thè yétr to￿ *frs to th• Endowm•nt fund of £nil (2022 . £1 $75thYJI w*r# rect￿￿& ToEèI 8rfts to the
unrn$tntt￿ fund were £7S2 11022 . £1375329). DonatK*ns amounting to £196.760 (2022 - £834.￿4) were
Comm￿d t¢) by the Trurt*es. Donatitsns 5Bnfftant support of both local and Oobal charluble
institutions SUF9orting a wide range of cayses. as shown on py 13 of thes¢ a¢¢ounrs.
During th¢ y¢ar. a $i￿￿n¢ 8ranr of £3.cth.￿0 was al￿n￿d to the Mawe CznEer Cenrres Trus¢
(Ma￿e's1. Maw¢'s is an tndepend•nt charrty outsidE of the NHS tha¢ Spec￿1>¢> in cancer care. pro¥ithng
emozional Bupporr and praCE1￿ adYKe. The xrdnt has b￿n JwJrded to Trtsgg*'s for thÈ Purpo￿ of butldirg a n•w
ancer suppprc Eentre ￿ Cambrthe. The Centr￿ wfjll Pr￿d* an e￿denc￿b￿ed programrr* of 50oAI. ernocipn
aDd practycal support lor people IMAg wrth un£8r. The 8rant is p#yable in three inS￿lments ol £ I,CO),C4)O ¢Y¢r a
threé-yèar p•ri¢d and is subpet to the compl¢(son of key rnikstones. The <ommthents hJ¥e beers dt%closed in the
accounts as x oontln8ent IAbility whith is detaikd in nore I l. The grant li condrtjoraj upon certatn ¢ritErA will
be recwi5¢d as è li•bslw the aCC￿n￿ ir be￿>m￿ prvbablE thrt the Kranc will bc p•
Investmènts xr th• ￿.￿Thd hid i mark¢i ¥￿ue of £15215076 (2022 - £15.073.OSSI, an irKreue pf 0.94%12022 -
Incr*as• of 19.4%). EndpwnKmc funds stsnd ar £15,215.876 12022 - £1>,948.0921 Unrtstricted fund5 are
£urrendy £3.464.455 {2022 - £3.192,447). The Endpwin¢n¢ funds arc. in 4c¢or¢Jance with the Trusr D&•d,
exp¢ndable endowmenr fun& cr•aod by and the Unrestrfts￿d ￿n￿ts 3r* th• fuft& us•d to finanoe the
charty's £hVrt￿k awviyrs.

THE BRO01￿ON FOUNDATION
TRUSTEES
ANNUAL REPOR T
Year ended 5 April 2023
Ic is the Trus¢ees' poly to di%trbute incc¥ne as st)on a5 practid ahr r*t•lpc However. suitable chari¢i¢s or
charrthblt purposes to Juppgrr caThnor be Idenrbfie& th¢ Trustees Will rttain resen￿ un*1 such dm• as sulL*Jle
chartrles or ¢haritabl¢ purpo5ES an be Iderrrifi
Th• Trustèés knve i¢Jenuf*d the rnaigr rNk ro the chan'rl a5 a f211 In iThcom￿8 re50urce5. The nsk has b••n
revKwed and ￿ d*•m*d low likelfvi(M)d and IrryacL The Tru5*es rnanage thh risk by M￿ntaInin2 substan
rcsour<e5 in th• Endowment fijnd of the cl4rtty.
Trustees, vesponiibiliti•s In r•latlon to the flnancw statements
The Tru5te•x ar• r•sponslble br prep¥¥q Trus￿￿. Affinud Repvrt and the flftanck￿ sratenrTrts in accordan
wrth applicabl• Jaw and ih)rtetd Kin%kn Accoufttinl Stwthds (United Kln¥&m Gen￿￿ty *£¢twed AEEoun*ir
Pryacue¢).
Th*13w applkabk to charit￿ in Wales rEqufE¥ the chary Trusree5 to prepare fmanoial 5tatem8nts
for uoh y•ar wtskh 8fv¢ a true aftd tsir v*w of the srate of ￿"T5 ¢)fthe tharrry and of the irKomin¥ resowces and
applKation of ruourttaf of th• Charty for trAt F*rW In prepariry th¢ 5uornenty the Trusrees are
requir¢d to=
- 5ele(t suitable XcounU￿ policKs and aFpty th•m conf wndr,
- obserye rhe mrfhoth and win¢ipks wi the applKable Charit￿5 SORfv.
- rnake jud8emenrs and esomate5 that are reawnable and prudenL
. 5tste whether ap￿ICable accounriThg srancards h2v* been fojtowed. wbjett to any d•p2rvJr•s that musc
be disclosed and EXP￿illed in the ftnancd rtatemEnts: and
. prepare the financ1￿ rtotemenu on the gpiry roncern buri unless ir 1% In¥proprRte to pr￿ume that the
WMI continue in busin¢s&
Tha Trusr••s are respoftsTrJle for keeping proper •ccwntinK rttords d￿d￿Se reasonable accuracy ar any
m• th* financi￿ ptssltbn of the cF2ariry •rté w enable thtm to ensure thit the ST3￿MenTs ¢omply wth the
char￿•$ Att 2011, thè applKable Charitie> (Accounts and Reports) R¢KU￿ri￿n5. the prpvryws of the Trust
Deed They arn r•spansibl• for s•t•guardlng th• )ss•ts d thè th4riy and tskn.ng r¢4%orrybk 5teP5 frjr thE
prevention and dat•cr￿ ol fraud and other Irrw13rti•s.
So (ar a5 each Tru5tht Li awarn, th•rn li no r•It￿nE au&z irlorrnarion af whlch thè charws au¢Jtors are urrdvwe.
Each Tnjstee has taken atl re￿onab￿ sEeps thac they Ou￿¢ to have 35 a TruKee in ordftr ra mak• thÈmt*lv•s
awdre of any rele*dnr audr( infOrniat￿Tr and ¢0 escablish that the Char￿Y'S audiwf5 are aware of thxE Inforrnation.
By grdEr gf the Trustee5
B CHAMBERL41N
Tr￿(¢￿
Febnjary 2024

## **THE BROOMTON FOUNDATION** 

A U D I T O R ’ S R E P O R T 

## **Year ended 5 April 2023** 

## **Independent Auditor’s Report to the Trustees of The Broomton Foundation** 

## **Opinion** 

We have audited the financial statements of The Broomton Foundation (the ‘charity’) for the year ended 5 April 2023 which comprise the statement of financial activities, balance sheet, statement of cashflows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). 

In our opinion, the financial statements: 

- give a true and fair view of the state of the charity’s affairs as at 5 April 2023 and of its incoming resources and application of resources for the year then ended; 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the requirements of the Charities Act 2011. 

## **Basis for opinion** 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## **Conclusions relating to going concern** 

In auditing the financial statements, we have concluded that the Trustee's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. 

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report. 

## **Other information** 

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The Trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. 

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. 

We have nothing to report in this regard. 

5 



## **THE BROOMTON FOUNDATION** 

A U D I T O R ’ S R E P O R T 

## **Year ended 5 April 2023** 

## **Matters on which we are required to report by exception** 

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion: 

- the information given in the financial statements is inconsistent in any material respect with the trustees report; or 

- sufficient accounting records have not been kept; or 

- the financial statements are not in agreement with the accounting records; or 

- we have not received all the information and explanations we require for our audit. 

## **Responsibilities of Trustees** 

As explained more fully in the Trustees’ responsibilities statement set out on page 4, the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. 

In preparing the financial statements, the Trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting, unless the Trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. 

## **Auditor’s responsibilities for the audit of the financial statements** 

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: 

We gained an understanding of the legal and regulatory framework applicable to the charity by considering, amongst other things, the sector in which it operates, and considered the risk of acts by the charity that were contrary to applicable laws and regulations, including fraud. We designed audit procedures to respond to the assessed level of risk, but recognised that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. 

We focused on laws and regulations which could give rise to a material misstatement in the financial statements, including, but not limited to UK Charity Law. 

Our tests included agreeing the financial statement disclosures to underlying supporting documentation, enquiries with management, and enquiries of third parties. 

6 



## **THE BROOMTON FOUNDATION** 

A U D I T O R ’ S R E P O R T 

## **Year ended 5 April 2023** 

As in all our audits, we also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by management that represented a risk of material misstatement due to fraud. 

There are inherent limitations in the audit procedures described above and, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. We did not identify any key audit matters relating to irregularities, including fraud. 

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report. 

## **Use of our report** 

This report is made solely to the charity’s Trustees, as a body, in accordance with regulations made under section 154 of the Charities Act 2011. Our audit work has been undertaken so that we might state to the charity’s Trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s Trustees as a body, for our audit work, for this report, or for the opinions we have formed. 


……………………………………… Dixon Wilson Audit Services LLP, Statutory Auditor 22 Chancery Lane London WC2A 1LS 

1 February 2024 Date:………………………….. 

Dixon Wilson Audit Services LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006. 

7 



THE 8ROOPffoN FOUNOATION ,
ALANCE SHEET
As Jt S Aprll 2023
21nJ
2022
Fts*d
1521Sm6
15.071055
Cash ai bank Jnd In hand
O¢btWS
3.395.094
114h97
4 104J77
10&427
3.499.791
4.213.001
f145510)
5,336)
3.464.45S
4.067.484
18AeoJ31 .
19.14Q539
Thefthds of the <harltr.
UNre&trMYod fih)dÈ
3.464,455
15215m6
3.I*Z447
I$A)J31
19. 14QS39
Tho ffnjfid21:tJ¢om￿ on p*Fs 8 to 55 apprvrtd br the Tn¥t*# ¢
on t)•lr b•h2if br.
H C>IA148WJN
K 6 LFWIS

THE 8R¢)QlffON FOUNDATION
ST A TEMENT OF FINANCIAL ACTIVITIES
Year ended 5 April 2023
fur￿$
2022
2023
2023
2023
2022
2022
from:
752
752
lJ75.329
I575.(1￿ 3.150.329
. &•k inwesr
25,493
443.4x1
IS.185
2S.493
443.420
1.174
395.M2
1.174
J95.CQ2
14.CQl
- Other iD¢om¢
410.177
404150
484Ag)
1.985ts06
157st￿ 3.$60.506
Expendltwt
Pl1842)
QIZ8421
2,ISI)
(852.151)
P118421
1852,1511
(851151)
N•t U0$1•5y8a￿ on
(7312161 17312161
l.G4J4245 1.ChNJ45
(7322161 {460￿)
J.133JSS
2J79.245 3.712.6LV
Net movement In f4Th1s
1731216) (46Q¥AI
1.133J55
U79245 3.712,000
Reeoncdilli￿ 41 Iwth
3.191447
I%9￿(￿2 19,140.539
2.059.092
13,368,847 15.427.939
3.464.455
15215.876 18.680.331
3.192.447
15.948.G92 19.14QJ39

THE BROOMTON FOUNDATION
STA TEMENT OF CASH FLOWS
Year ended S Aprfjl 2023
2023
2022
(r•stst•d)
Net rnovemenr In fvnth
{460.2Cfj)
3.712,000
{47&025)
f397.688)
Adthllessl.. lossesllys) on wwesurerhf¥
731116
{i.cX)4245J
Less: i￿￿￿45t ￿ Ikbtors
162701
(12.48YJ
Less: decreast in vedi¢ofs
{110.1841
179.030)
Ne¢ (used Iny8•n•rnt•d from oyrJtln¥ athityeg
{321471}
1219.148
Divtdends. reb*tt5. intvert
478.
397.688
Purchase of inv¢sun¢nts
{875,037)
(1.443.OLKI)
N•t c*sh uy•d in Irwe5tlns actMtle5
<397.012)
(l.Q45.3121
Chany and cash equplaknts
(719.483)
1.173.836
Cash and <ash ¢qU￿￿¢n[S brouthi f¢rward
4.104377
1930.741
Cash and cash eqU￿￿¢nI3 car￿d foThnrd (we 9}
3.385.094
4.101.577
10

THE BRQQMTON FOUNDATION
NOTES TO THE FINANCIAL ST A TEMENTS
YeAr ended S April 2023
Ac¢¢)urrtlni polkles
The prnic1￿1 a¢Ctyjnti￿ polKE5 wI￿d m the prEP￿tr￿ d thE5E financ￿ suremenrs are ser out below. These
icl•s b••n conslstenty ro atl the Presen￿ unltss 5UtE&
Basls ol pr•paratlon
Th• finaThC￿ stttements hwe been prepared un&r the htstorKI ¢os¢ ¢on¥entson with ￿emS at cost or
trnnsa¢rKJn ￿ve unless oth¢rwi5e stated in the rdevant notes to these accounts. The fir￿n¢la1 wternents have
b¢en prtparéd Sn aCCord￿Ke Y•ith the 5tsterneni of Recommenthd Pr4ctyE< knounvng and Reporring by Charitvés
pr•paring th•ir att¢AJnts tn accordance with the Financk￿ Keporring stsnd￿ ¥pld?IE in the United Ku¥dom and
R•public of Ir•hnd IFRS 102) Sssued on I ￿ntory 2019 and the chirr￿ Aci 2011.
Th• Tnjst cordtirutas 2 wblk b•n•fft •nty x d•1}r￿d by FRS 101
Goin8 concern
Trustees ccffi5ithr thac there are no M￿ri￿ [￿Certa￿tIes abrwt Trust's abilw to Continue a5 a 8Ptn8
concern. and rhèt there assurycpons that affect iterns in the accounrs.
All incorne ts recognl￿ th)ct the ¢harty has entrtlernent to the incom& it is probable that the income TMII be
recehe& 2nd rhe arnaunr 01 income re¢ew￿ can be rr￿ured rej1￿[y.
Donauuro and le8aC￿ are reCw￿ed whu the Charity has been notif￿d in Writi￿ of both tr¢ amovnt and the
5etdemenr datE.
DIVId￿d5 are accounted for on an ex.dW2nd accr￿ bas￿ Inr4r•sE on &posn and tsad inr4fuE securiues ve
atcounted lor on an xcrwLb basis.
Exp•fiditur* r4CO8nition
Liabl1￿leS are re¢ogni%ed as *xpendKure u soon as ther¢ a lerdl or constructive obfi%ation comm￿lIng th• thari
that eXP￿lEUre. it is probable rPai sedern¢n¢ will be required, and The amounT of the ¢)blipuon can
measured relkibty.
Grants payable are payThnu rnade w thvl part￿$ in the fiJrtherxne• af eharffabh obpcr5 af the TrusL This is
ac<rued once the rKipieTht has been northed of the r4At iwxrd
Provislons for liabllttles
A provis￿n ￿ reco￿1$*1 wh•n the charity has a or ¢onstrLKzrwe cèlirdrion to rnake i pJym¢nt EO a thlrd
party. It Is prttbabl* that setrJemenL wll I be requir¢4 and erther the uming or the amounT (A the ¢)b'.irAtlon
Uheén2lA. Th Arnoun¢ reowis¢d as a Pr•￿S￿n is the best esumate of the expend￿ we requtr•d to sa£tk or to
transfer the t*lyoon w a third pary ar the reprytynx date. Provislons Jré dkttsunrAd where the trrn¢ Ylue of
money is marerhil.
Flxed asset InV￿tr￿nts
Invurments are i ftym of basir fThrbtl*i ffttrrurnent and are re¢osnknd ar th•r tran5acripn ￿￿¢ and
subsequEnily nioasured Jt t￿1r fa5r a$ at the balan<e sheer thre using the d¥sin2 quoted rnarkei price. The
It*Eernent of financi￿ actNi¢ies includes the net Dins and 105ses thslrtg oft r*￿ul￿On and dLSP05aL4 throu8hout tht
year.

THE BROOMTON FOUNDATION
NOTES TO THE FINANCIAL ST A TEMENTS
Year ended 5 Aprll 2023
A¢¢ountlng pokEi•s (contlnued)
FIAanclal Onstnknènts
Financkl inrruménts arè dassffjied and dccounted fLY. •rE0rd￿8 ro th? subsrlnce of the con¢rdcC￿ arrangemenL
a5 fWne￿I *ss•rs ar flftancial liabiliw_
Taxation
The <hary li L¥ry from 521 to 536 d the IrKom• Tax kn 2007.
Not•
1022
Grants ro ¢harnbk tau5es and insututi¢)ns
19&760
834.804
Sundry
Travel
137
Audr(
Aceountaney s•rvieas
k tharys
Cvnsutw (ee5
8.179
3.699
452
6.498
534
7.5
212,842
852.151
12

THE BROOMTON FOUNDATION
NOTES TO THE FINANCIAL 5T A TEMENTS
Y•*r •nd•d 5 April 2D23
Grants and don•tion5
2023
2022
DECTurk¢y
Feedlng 8rlrain
Headway
Ken5ingEon & Chelsea FtyJndat*)n
50,WO
50,L¥JO
10.cwj
10.cTr)
9.3SS
Pop Chorus
Resurgo Trust
Ridingfor rh* Dtsabled Associath
Seeding Hepe
SenfiEe Dozs UK
Tru55EII Trust
DEC Ukratne Appeal
Un¥¥ersity of P¢nnsyl¥anA IUSA) Founthion Ltsa
Young Livei v Canc•r
Othér Insdtutlons
{1.003}
Jo,000
80.000
00.000
207
50,000
500.000
10.crfJo
2.405
009
196.760
834.804
Investments
2D23
2022
Marker at 6 April 2022
Addiuons a¢ cosc
N¢i Ilossesygatns on firAn¢AI assets (poze 8)
Mvke¢ ￿￿e a¢ 5 Apnl 2023
15.073.055
875.037
1732.216)
15215.876
11625.810
1.443.000
1.004.245
15,073.055
Hlstorlc*l £OBt
11251.503
IOJ76.466
In￿tmantr at falr value consists ofr.
UK unit trusts
IS.215.876
15.073.055
Mark•t xr S April 2013
15215.876
15.073.055
Oebtors
2023
2022
crued inEpine
Prep•yments
114.500
197
108.427
114.697
108.427
13

THE BROOMTON FOUNDATION
NOTES TO THE FINANCIAL ST A TEMENTS
Year ended S Aprll 2013
Cr•dltovs: amoun¢s falllns due t*ithln one year
2013
2022
ruaL%
G￿ts and dorutions pyabl•
9.982
Z5.354
9595
135,925
35.336
145.520
Fundg Jnaly5
Openlng
Unroalls•d
Inco1r￿ Expendltwe gains l (loss)
Closins
balance
Unrestriete¢J fund5
Endowmtftt fund>
3.192.447
15.948.092
QIU42)
3.464.455
15.215.876
(732,216}
12120421 (7322161
TotJ fund5
19.140.539
18.680,331
Op•ning
Unreallsed
8aln8
Cioglng
balanc•
Incorn• EzyrAI￿r*
Unrestricted fund5
End¢)wmenr fvnd5
1059.092
13.368.847
1.985.506
1375.C
852.151)
3.192.447
1 5.948.092
l.W4245
Tod fun&
15.427.939
3560.506
1851151)
I,Crf)4245 19.140539
Totsl funds
fun<ts at S ￿1 2023 are rEpresented by.
Total
funds
fvnds
funds
lftvéstmènts
Cash at bank and in hand
Débtors
Credmrs
15215,876
I S215.876
3.38S,094
114,697
135.336)
18.680.331
3.385.094
14,697
135,336)
3.464.455
15.21 S,876

THÉ BROOMTON FOUNDATION
NOTES TO THÉ FINANCIAL ST A TEMENTS
Year ended 5 Aprll 2023
R•lated party transartion5
The Tru5reE5 wefE r¢wnbur5ed f¢Jr expenses reLited to t￿]r sèThl¢és ro the ckirity In thé CLJrr*ni y•ar rh2t
amgun(ed co É13712022- none). The tharity had rty) tr￿1&Y￿s thrir¢ thé year12022 . fione).
reDte thsnatlorts retcNtd from 4 relatèd pary. af whth r*a d1r•ttO￿ ar• Trust￿ of th• chanty. wrthaut
conéifyor￿ rofatkd £nil12022. £3.150.fxx)I
No lurther related party traf4x￿ rew17￿ dis¢losure took placè OJrkn£ the rer•)rrlng ￿rICA.
10. Fin*nCl￿ a%sets and liabilitles
The following ve financi￿ IAbilroe¥ as b•sit fMw)cial ir¢s¢rnmenrs antl ¥e inkiJlty rect)gttls•d jt
tran￿{tion vdue and subsequently measwed at thetr amortsèd cost
Financial1Sabiliti*s
2023
2022
Accru￿
9.982
2S.354
9.595
135.925
35.336
145.520
ThE hllowirb¥ v¢ firtIn¢￿ asscfs thar qu￿ty as basbc fftnand￿ 1nsrrtKr￿ and in1r1￿ty recogni%ed tt their
tr•ns•¢¢ion vajue sth$¢q￿nty measured at th•ir Val￿ as ar th• baknct 5htrt &te u51n8 the d05in8 Woted
market prKe.'
Flnancial aJ¥ets
UK unrt trusts
15,21 S.876
IS,073.055
15215,876
15.073,OSS
I l. Condn8ent Ilablllty
The Trusrees have a8reed t£> do￿[¢ £3.CW.CO) to M3g••'& towarth tha building of the Ma￿￿.5 Cambridge cefttre.
Payment will be rn￿¢ in thr¢¢ insrJmenE% and 1¢ to the cornpletion of key proiccf milestone5,
Thc fir5£ in5talment of £l.OW.fXKI w￿1 be p￿d subw w the condltion thar pi>nning perni11s￿n has been secured.
whith is estimated to duriAg th* summer C+f 2024.
The sttoThd insralment of £ l.Cth,C#)O is Oje ro be P2k4 orKe <vn5CTuEtitin commenced whKh Ss è$t￿n&t*d to
during th• summer of 2025.
The third insklment of Cl.CW,IY)O li &Je w be pwd upon wad¢al comphtltsn af th• building wprkts, whKh is
*sdm•red ro b• durini the sprnK of 2027.