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|Trustees||John Christopher|John Christopher|Williams||||
|---|---|---|---|---|---|---|---|
|||Michael
David|Percy Lewin|||||
|||Fiona Walwyn|Southey Rogers|||||
|||John Mills||||(Appointed|on 6 December 2021)|
|||Gary Sean Ryan||||(Appointed|on 6 December 2021)|
|||Susan Elizabeth|de Candole|||||
|Charity number||1130890||||||
|Principal address||Cherryfield
Cottage||||||
|||Newtown||||||
|||Tisbury||||||
|||Salisbury||||||
|||SP3 6SS||||||
|Auditor||HW Fisher LLP||||||
|||Acre House||||||
|||11-15William|Road|||||
|||London||||||
|||NW1 3ER||||||
|Bankers||Coutts 5 Co||||||
|||440 Strand||||||
|||London||||||
|||WC2R OQS||||||
|Investment|advisors|Coutts 5 Co||||||
|||440 Strand||||||
|||London||||||
|||WC2R OQS||||||
|Solicitors||Batt Broadbent|Solicitors||LLP|||
|||Minster Chambers||||||
|||42-44 Castle Street||||||
|||Salisbury||||||
|||Wiltshire||||||
|||SP13TX||||||
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|---|---|---|---|
|Trustees' report|||1-3|
|Statement of|trustees'|responsibilities||
|Independent|auditor's|report|5-7|
|Statement of|financial|activities||
|Balance sheet||||
|Statement of|cash flows||10|
|Notes to the financial||statements|11-17|
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||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2022|2021|
|||||Notes|f|f|
|Income and endowments|||from:||||
|Donations
and|legacies||||4,384,086|145|
|Investments|||||6,927|4,213|
|Other income|||||3,238||
|Total income|||||4,394,251|4,358|
|~ex enditore on:|||||||
|Raising funds|||||1,659|1,491|
|Charitable
activities|||||50,293|38,487|
|Total resources|expended||||51,952|39,978|
|Net gains/(losses)||on investments||12|60,674|65,882|
|Net movement|in|funds|||4,402,973|30,262|
|Fund balances|at|1April 2021|||374,781|344,519|
|Fund balances|at|31March 2022|||4,777,754|374,781|
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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|f||f||
|Fixed assets|||||||||
|Investments||||||3,706,353||336,406|
|Current assets|||||||||
|Debtors||||15|853,063||||
|Cash at bank|and in|hand|||275,214||41,686||
||||||1,128,277||41,686||
|Creditors: amounts||falling due within one year||16|(56,876)||(3,311)||
|Net current assets||||||1,071,401||38,375|
|Total assets less current|||liabilities|||4,777,754||374,781|
|Income funds|||||||||
|Unrestricted|funds|||||4,777,754||374,781|
|||||||4,777,754||374,781|
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|||||2022||2021|
|---|---|---|---|---|---|---|
||||Notes|||f|
|Cash flows from operating|activities||||||
|Cash generated
from/(absorbed
by) operations|||18||3,537,533||
|Investing
activities|||||||
|Purchase of investments||||(3,305,626)||(213,607)|
|Proceeds on disposal of investments||||||164,964|
|Investment
income received||||1,621||4,213|
|Net cash used in investing|activities||||(3,304,005)||
|Net cash used in financing|activities||||||
|Net increase/(decrease)
in|cash and cash equivalents||||233,528||
|Cash and cash equivalents|at beginning|ofyear|||41,686||
|Cash and cash equivalents|at end ofyear||||275,214||
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2021|
|||||f|f|
||Donations|and gifts|||145|
||Legacies receivable|||4,384,086||
|||||4,384,086|145|
|4|Investments|||||
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||2022|2021|
|||||f|f|
||Interest and dividends|||6,919|4,198|
||Interest receivable|||8|15|
|||||6,927|4,213|
|5|Other income|||||
|||||2022|2021|
|||||f|f|
||Proceeds from Wigmore||Hall concert|3,238||
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2021|
|||||f|f|
|Investment|management||fees|1,659|1,491|
|||||1,659|1,491|
|Charitable|activities|||||
|||||2022|2021|
|||||f|f|
|Concert expense||||9,431|18,503|
|Grant funding of activities|||(see note 8)|16,737|14,118|
|Share ofsupport costs (see note 9)||||3,759|3,046|
|Share ofgovernance||costs (see note 9)||20,366|2,820|
|||||50,293|38,487|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2022|2021|
|Grants|to|individuals|16,737|14,118|
||||16,737|14,118|
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|Support costs||||||||
|---|---|---|---|---|---|---|---|
|||Support costs|Governance|2022|Support costs|Governance|2021|
||||costs|||costs||
|Administration|cost|2,700||2,700|2,178||2,178|
|Website cost||723||723|612||612|
|Other costs||336||336|256||256|
|Audit fees|||18,450|18,450||||
|Accountancy|||1,916|1,916||2,820|2,820|
|||3,759|20,366|24,125|3,046|2,820|5,866|
|Analysed
between||||||||
|Charitable
activities||3,759|20,366|24,125|3,046|2,820|5,866|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2022|2021|
||||E|E|
|Revaluation|of|investments|44,564|34,554|
|Gain/(loss)|on|sale of investments|16,110|31,328|
||||60,674|65,882|
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|||Listed|Cash in portfolio|Total|
|---|---|---|---|---|
|||investments|||
|Cost or valuation|||||
|At 1April 2021||297,782|38,624|336,406|
|Additions||3,337,048|(31,422)|3,305,626|
|Valuation
changes||44,564||44,564|
|Dividend
&|interest from portfolio||5,306|5,306|
|Management|fees &service charge||(1,659)|(1,659)|
|Disposals||(99,498)|115,608|16,110|
|At 31March|2022|3,579,896|126,457|3,706,353|
|Carrying amount|||||
|At 31March|2022|3,579,896|126,457|3,706,353|
|At 31March|2021|297,782|38,624|336,406|
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|Financial|instruments|instruments||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||f|f|
|Carrying|amount of||financial assets|||||
|Instruments||measured||at fair value through|profit or loss|3,579,896|297,782|
|Debtors||||||||
|||||||2022|2021|
|Amounts|falling due||within one year:|||f|f|
|Prepayments||and accrued income||||853,063||
|Creditors: amounts|||falling due within one||year|||
|||||||2022|2021|
|||||||f|f|
|Other creditors||||||36,581|491|
|Accruals||||||20,295|2,820|
|||||||56,876|3,311|
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|18|Cash generated
from operations|Cash generated
from operations|Cash generated
from operations||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||f|f|
||Surplus for the year||||||4,402,973|30,262|
||Adjustments
for:||||||||
||Investment
income|recognised|in|statement|offinancial|activities|(6,927)|(4,213)|
||Management
fees and service||charge||||1,659||
||Gain on disposal of|investments|||||(16,110)|(31,328)|
||Fair value gains and|losses on investments|||||(44,564)|(34,554)|
||Movements
in working capital:||||||||
||(Increase)/decrease|in debtors|||||(853,063)|29,750|
||Increase
in creditors||||||53,565||
||Cash generated
from/(absorbed|||by) operations|||3,537,533|(10,083)|
|19|Analysis ofchanges|in net funds|||||||
||The charity had no|debt during|the year.||||||