Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
Charity number-. 1132115
TRUSTEES, REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
5 APRIL 2022
THE PORTERS, TRUST
MENZIES
TER THINKING

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
CONTENTS
Page
Roterèrtee and administrative details of the Charlty, its Trustees and advis•rs
Trust•o8' r•port
Indèp•nd•nt •xamlnerf8 report
ststem•nt olfinan¢lal actlvlUe8
Balance sheet
Not•$ to the financial stat•ments
8-16

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS
TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 5 APRIL 2022
Trustees
Streathers Trust Corporation Limitod
MrCWGLang
Chartty r¢9iStered number 1132115
Prineipal offlee
rjo st￿ather$ Huhgate LLP
1 Heath Street
Hampstead
London
MW3 6TP
Accountsnts
Menzies LLP
Charte￿￿ Accountsnts
Cantrum House
36 Ststion Road
Egham
Surrey
TW20 9LF
Bankers
Adarn & Co
22 King Street
London
SW1Y 60Y
Solieitorn
Streathers Highgate LLP
1 Heath Street
Harnpstead
London
NWS 6TP
Invèstment Advisors
James Hambro & Company Limrted
45 Pall Mall
London
SW1Y 5JB
Arena Wealth
Chiswick Gate
598-608 Chiswick High Road
Chiswick
London
W4 SRT
Page 1

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 5 APRIL 2022
The Trustees pre$ent thelr annual report together with tha financial statements of the Charity for the year 6 April 2021 to 5
April 2022.
Objaetivos and actlvStles
a. Policie¥ and obl•etlvoS
The primary objeet of the Trust Is to make donations to registered charities and charitable purposes. Thè Truste8s' broad
policy is to invest capital to Produ￿ an income and to distribute available Income to charitable causes. The TrusteÈs
Individually identify potential reCip￿ntS for donations. Each of thè potèntial recipients is considered by ihe Trust885
collectively and if a grant is approved an appropriate donation is detemiinéd. Slnce the Trustees identify sufficient potential
reoipients to whom to distribute th8 incorne of the Trust. the Trustees do not W15h to receive unsolicited applications for
grants. In recent years the Twstees have also invèst8d in properties for charitable use.
The Trustees have referred to the Charity Comrni5sion'5 guidan￿ on public benefit when reviewing the charity's aim5 and
objectives and in planning future activib"es. In particular. the Trustaès have consicjered how planned acbviti85 will contribute
to the aims and objective5 they have set.
A¢hSevements and perfonnane•
Main achl•v•m•nts of tho Charity
Charitable donations totalling £210,154 12021.. £109.3331 were made to a wide range of projects during the year. Th?
Trustees consider that the obiectsve5 of th6 charity were adequately met and the public benefit ￿qU4￿Ments fulfrlled. It is
the Truste8s' policy to visit or otherwise contad tho r6eipi6nts ol donations to ensure the ants"cipated benèfit has bè8n
re￿ived.
b. Investment poll¢y and perforrnane•
Th& Trustees have WKle investment powers and during the peri¢xl half of the Trust's financial investrnenls were managed
by Arena Wealth and the other half were martaged by James Hambro and Co so that investment perfom)ance can be
cornpared and risk managed. Investment performance is monitored regularly throughout the year.
Thè Trust continue5 to own three prop8rt18s in Besant Walk N7, Doughty Court E1W and St Cuthbert's House E14. It is
anb"apated that these propertie5 will be retained by the Trust as investments and made available to local charitias lor
charitsble purposes.
Flnan¢ial revlew
a. Golng concern
After rnakin9 appropriate enquiries., the trustees have reasonable expectation that the Trust has 8dequaté ￿SoUr￿$ to
continue in operational existencè for the foreseeable future. For this rea50n they continue to adopt the going concern basis
in preparing the finanaal statements. Further details regarding the adoption ol the going concern basis can be found In the
Accounting Policia$.
b. R•sèr¥o8 poIIcy
It is the Trustges. bro8¢J policy to spend all the incomg arising in each period, and if detsded apprtspriat&, to distributa capital
too. 1115 not considered necessary to maintain substantial other reserves. At the balance sheet date the Charity hekj
serves of £3.258.62312021.. £3,356,0301.
P￿e2

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2022
c. Prlnclpal rl¥k8 and uncertaintie8
The Trustees are responsible for the rnanagement of ri5k5 facad by the charity. Risk5 are identr.fied and assessed and
controls are estab115hed throughout the year. A formal rewew of the charity's risk managem8nt process is undertaken on an
annual basis. The key controls used by the charity include formal agendas and minut85 for Trustee meetings. dear
planning, budgeting and accounting. and clear authorisation and approval levèls ol all grants and other èxpenditure. The
Trustees ar& satisfied that the major risks identified have been adequately mitig8tad.
stru¢tur•, gov•man¢e and rnanagem•nt
a. ConBlitution
The Porter5, Trust is consts'tuted by thè Will of the late Mrs E A Porter and was registered 85 3 charity on the 14 October
2009. The Trust doès not employ any staff.
Thg Trust is administered by Trustses, both unpaid. The Trustees are both actlvely involved in the adminislralion of thè
Trust and meèt as necessary. All major decisions are taken at thèsè meetings. The day to day management of the tNst 13
delegated to Mr C Daynes of Streathers Highgate LLP Isolirytorsl.
b. Mothod8 of appointment or •l•ctyon of Tru8ts85
Under the goveming docurnen( a minimum of trus￿9 arè required. The existing Trustees have the power to 8ppoint
additional trustees to the board. New trustees would be expected to demonstrate that they bring skills, abilities and
connections which would further the objecti￿$ ol the Trust. Any new trustees would be directed to familiarise themselves
¥wth relevant Charity Commission guidanc* con￿MIng the role of a trust￿.
Plan8 forfutur• period$
The Tru$te&s do not anticipate any significant changestg the tharity wthin the nexi ￿ t¢ five years.
Page 3

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2022
Statement of Tru8to•6' mpon$ibilitios
The Trustse$ ore responsible for p￿paring thg Trustees, report and the financial statements in accordance with applicable
law and United Kingdom Accounting Stsndards Iunrted Kingdom Generally AC￿pted Accounting Practice).
The law applicable to charthes in England & Wales requires the Trustees to prep8rè finaneial statements for each finanaal
year which gve a true and fair view of the state of affairs of tha Charity and of its incoming resour￿$ and application of
resource5, induding its income and expenditure, frjr that period. In prèparing these finanriBI 5tstemgnts, the Trustees are
reouired Its-.
sèlact surtable accounting policies and then apply Ihern consistently".
obseive the methods and principlès tsf the Charities SORP IFRS 1021,.
makè judgments and accounting estimates that are reasonable and prudent.,
State whether applicable UK Aecounting Standards IFRS 1021 hava been fo￿loWed. subject to any matèrial
epartu￿S clisclosed and explained in the financial statements".
prepare the financial 5tat8rnents on the going concem basis unl&ss it is inappropriate lo pr85ume that the Charity will
continue in bu¥in85S.
The Trustees are responsible for kgeping adequate accounting records that arè sufficient to show and explain the Charity.
transactions and disclose wth reasonable accuracy at any time the financial position ol the Charity and enable them to
ensure that the financial statements comply with th8 Chanties Act 2011. the Charity (Accounts and Reports) Regulations
2008 arEcI the provisions of the They are also responsib18 for safeguarding the assets of thg Charity and hen￿ Iof taking
asonable steps for the prev8ntion and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by".
C14P) 1 98￿￿}￿3
Str•at
Trustee
03te'.
Trust Co
or
irnitsd
Page 4

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
MENZIES
INDEPENDENT EXAMINERS, REPORT
Ind•p•nd•nt ¢xamlnerf$ rèport to tho Tru$tse¥ of Th• Porters. Trust I'the CharfVI
I report to thè charty Trustees on my trx8mination ofthe account$ olthè Charity lor the year èndèd 5 April 2022.
Responslbilitie8 and basis of report
As the Trustees of the Charity you are responsible for the p￿ParatIOn of the aecounts In accordance wlh tre rèquiramènts
of the Charib'es Act 2011 1'th* 2011 Acf l.
I report in respect of my examination ol the Charity's accgunls carried OLrt under section 145 01 the 2011 Act and in carrying
out my 8xaminats.on I have followed th8 applicable DI￿¢tionS given by the Charity Commission undèr seetion 14515llbl of
the 2011 Act.
Independent examinerfs statement
I have completed my examination. I confirm that no matters have come to my attèntlon Sn connection wilh the examination
gNing me cause to be118ve that in any material respect.
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act, or
the a¢ThJunt$ do not accord with those records." or
the accounts do not comply with the applicable requiremants conceming the forn and content of accounts sel out in
the Charities (Account5 and Reports) Regulation3 2008 othèr than any requirement that the accounts give a 'tr
and tsirf viow which is not a matter collsid8r8d as part of an independent examination.
I have no concerns and hav8 come across no other matters in connection wth the axamination to which attention 5h¢uld ba
drawn in thks report in order to enabk a proper understandin9 of thè accounts to be reached.
This report is made solely to thè Charity's Trustees. as a body, in accordan￿ with Part 4 of thè Charities (Accounts and
Reports) Regulations 2008. My wort( has been undertaken so that I might state to the Charitys Trustees those rnattèrs l am
required to state lo them In an Independent ex8minér's rèport and for no other purposè. To the fullest extent permitted by
law. I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body. for rny
work or lor this report.
DO¢uS￿nId by..
Signed.
Dated..
22-Dec-2022
634F24DE92A4471
Janice Matthews FCA
Menzias LLP
Chartered Ae¢ountanls
Centrum House
36 Station R08d
Egham
Surrey
TW20 9LF
Page 5

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2022
Unre$tri¢ted
funds
2022
R•8trlcted
funds
2022
Total
funds
2022
Total
funcls
2021
Note
Income from:
Donations and legaC￿S
Investments
115,000
115,000
12,491
12,491
70,865
T¢)tsl Ineom•
12,491
115,000
127,491
10.865
Expendlturn on:
Charitabk actwrtEs
222,614
S1.000
273,514
742, 794
Totsl •xp•ndlture
222,$14
51,000
273.614
142, 794
Net lexpendlturelllncorne bèforè nèt
galns on inv•$tm•nts
Net gains on Investments
1210,0231
48,616
64.0¢10
1146,0231
48,616
{731,929)
2qO.571
Not moY•m•nt In fund8
1161,4071
64.000
197.407)
78,642
Reconcillation of funds:
Tot￿ funds brought forward
Net movement in funds
3,315.030
1161,4071
41,000
64,000
3,356,030
197,407)
3,277,388
78,642
Totsl fund8 carrled fonward
3,153,623
105,000
3,268.623
3,356.030
The Statement of financial actimties indude5 all gains and losses rgco9nised in the year.
The notes on pages e to 16 lom p8rt of these finanual statements.
Page 6

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
BALANCE SHEET
AS AT 5 APRIL 2022
2022
2021
Notè
Fixed assets
Investments
3,001,458
2,961,904
3,001,458
2,961,904
Current a$•
Debtors
Cash al bank and in hand
10
262,000
14,789
250.000
171.827
276.789
421.827
Creditors.. amounts falling due within one year
11
119.8241
(27,701J
Net currènt assets
257,16S
394. 126
Total n•¢ a$sets
3.268,623
3.356,030
Charfty fvnd$
Restricted fvnds
un￿StrICted funds
12
106.0110
3,153,623
41,000
3,315,03Q
12
Totsl funds
3,258,623
3.356,L13Q
Thè financial
t5 wera approved and aLrthorised lor issue by the Trustees and signed on their behalf by..
rAVI ) gqhJ55
tlon Llm5tod
er8 Trust G
Date.. £1
The notes on pages 8 to 16 fomi part of these finanaal statements.
Pag8 7

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
G8norn1 Infomiation
The Porters, Trust is a charity which provkJe3 grants to variety ol insts'tutions, their charity number and address can
be found on page 1.
Accounting polici9¥
2.1 Bas1$ of preparation of financial ¥tat8m•nts
The financial statements have been prepar*d in accordan￿ with the Charits'es SORP IFRS 1021- Accounting
and Reporting by Charities.. Statement of Recommended Prattti￿ applicable to charities preparing their
account$ in accordancè with the Financial Reporting Standard applicable in the UK and Republic ol Ireland
IFRS 1021 leffeclive 1 January 20191. the Financi￿ Reporting Stsndard applicable in the UK aThY Republic of
Irèland IFRS 1021 and the Charities Act 2011.
The financial statements h8vo begn prgpar8d to gi￿ a 'true and fair view and have departed Irorn the Charits'e$
(Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and lai¢ view. This
departurg has involved following the Charities SORP IFRS 1021 publishad In October 2019 rather than the
A¢countin9 and Reporting by Charities.. Statement ol ReccKnrnended Practice Èffectiv6 trom 1 April 2005 which
has sin¢e b88n wthdrawn.
rhe Porters, Trust rneets the definition ol a public benefft entity under FRS 102. As5et$ and liabilities are
initially ￿cOgnised at historical cost or transaction value unless othernise staled in the relevant accounty'ng
px)licy.
2.2 Golng conGgrn
After making appropriate enquirie5. the Trustees have a reasonable expectation that the charity has aclequate
r8SOUlC8S to conbnue in operational existen￿ for the foreseeable futurè. For this rèason thèy continue to adopt
the going ctsncem basis when preparing trbe finanrial ststement$.
2.3 Income
All in¢orne is racognisad onco the Charity has entitlement to the incomè, it is probabla that tho income will be
re￿iVed and the amount of income re¢eiv8ble can be measured reliably.
Income tax recovgrabfe in rèlation to inveslmènt income is recognised at the lirne the investment income is
receivable.
2.4 Expgnditure
Expenditure is recognised once there 15 a legal or con5tructiva obligation to transfer economic benefitto a third
party, it is probable that a transfer of econornic b8n8fits will be raquired in settlement an¢J the amount of the
obligation can ￿ measured reliably. Expenditure is classified by actsmty The costs ol each activity are made
up of the total of direct Msts and sharèd costs, inclucling support costs involved in undertaking èach activity.
DI￿¢t costs attributable to a single acbvity are allocated directly to that activity. Shared costs whith contribute
to rnore than one activity and support costs which are nol attributablè to a single activity are apportioned
betrveen those actwit185 on a basis consistent with the use of resour￿3. Central staff costs are allocated on
the basis of time spent, and d￿re￿atIOn chargos a￿oCated on the portson of the asset's use.
Expenditure on charitable activities is incurred on diredly U[￿ertakIng thè aetywties which further the Charitys
objective5, as well as any associated support costs.
Grants payable are charged in thè yaar vthèn the offer is made except in those cases where the off8r is
ndits"onal, such grants being recognised as expènditure when the conditions attaching are fulfi118d. Grants
offered subject to coridilions which have not been met at the year end are not8d as a commitment, but nol
accrued as expenditure.
Page 8

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
Accounting policiès {eontinuèdl
2.4 Expendlture {continuedl
l &xp&nditure is inclusivg of irrecoverabk VAT.
2.5 Interg8t re¢•lvablè
Inte￿st on funds hel¢J on deposit is ineluded when re￿ivable and the 8Tnount can be measured rèliably by the
Charity", this is normally upon notificab'on of the Interest paid or payable by the institution with whorn the fvllds
are dèposited.
2.6 Investments
Fiyèd assat investments a￿ a forn of financial instrument and are initialty recogn15ed at their transaetion cost
and sub5Équently measured at fair value at the Balance sheet date, unless the value cannot be measuréd
reliably in which case it 15 measured at cost less irnpairrnent. Investment gains and losses. whether realised or
unrealised. are ccffibined and pres8nted as 'GainsllLossesl on invgstmènts, in the Ststement ol finanual
activities.
Invèstmènts held as fixed assets are sh￿n at C05t PTovision for impaimient.
2.7 Debtors
Trade and other debtors are recognis8d at the settlement amount aftor any tradè dlscount Offe￿d.
Prepayrnents ara valuad at the amount prepaid net of any trade discounts due.
2.8 Cash at ￿nk and In hand
Cash al bank and In hand Includes cash and short-term highly liquid investments with a short maturity of three
months or les5 from the date of acquisition or opening of the deposit or similar account.
2.9 Llabllitiè8 and provl8lon8
Liabilities are recognised when there is an obliga1ion at the Balancè sheet date as a result of a past event. it 18
probable that a transfer of econornic benefit will be required in settlement, and the arnount ol the setdement
eAn be estimated reliably.
Liabilities are recognised 8t the amount that the Charity anticipates il wll pay to setue the debt or the amount il
has re￿iVed as advanced payrn8nts for th6 goods or servi￿$ it must provide.
Provision5 orè measured at the best estimate of th& amounts requirad to settle the obligation. Where 8ff8Ct
of the time value of money is material, the provision is based on the present value ol those amounts,
discounted at the pre-tsx discount rata that reflects the risks specific to thè liability. The unwinding of the
discount is recognised in the Statement of financial activth'es as a finance co3t.
2.10 Fund accountlng
General funds are unrgslrictèd funds which are avalable for use atth¢ dlsLYetion of the Trustees in furtherancè
ol the general objectives of the Chanty a￿j which have not been designated for other purposes.
Restricted funds afy funds which are to be used in accordancè with s￿￿fiC ￿$trictionS imposed by donots or
which have been raised by the Charity lor particular purposes. The costs of raising and 8drnini$lering such
fun¢Js are charged against the spècific fund. The aim and use of each re5trided fund is set out in the notes tg
the financi81 statements.
Investment income, gains and losses are allocated to the appropriate lund.
Page 9

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
In¢om• from donatlons and lega¢i08
Restricted
fund$
2022
Total
funds
2022
Total
nGIs
2021
DonatlWS
115,0(KJ
11S,000
Invostment Income
Unrestrictèd
fund¥
2022
Total
funds
2022
Tot81
lunds
2021
Investment inwrne
Interest receivable
12,134
357
12,134
357
10,564
301
12,491
12,491
10,865
Totsl 2021
10,865
10.865
Page 10

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
Anaty81s of 9rants
2022
2021
ARK Coworking
Bishop of Islin9ton
CCFON
CSJ Award
20,000
5,000
5,000
&ooo
10,000
Grace Church Manch85tef
GrowTH
Holy Trinity Sydenham
Jubilee Centre
5.000
8,0(10
Sooo
12.000
Kid5 Matter
KXC
LICC
10,000
10,000
20,000
6,000
5.000
45,000
30,000
5,000
6.821
6,000
1,000
8,333
16,000
15.000
Ltsndon CSty Mission
London Dioeèsan
PCC of St Mark
45.(XJO
Riverbank
Sick Children's Trust
St Alban's Fulham
steyning Downland Scheme
St Mark's Tollington
Sl Matthe￿S Tipton
St Paul's Shadwdl
8,333
210,164
109.333
Anafysls of oxpendlture by activities
Aetivltlès
undertakon
dlrgctty
2022
Grant
lunding of
activltle8
2022
Support
costs
2022
Totsl
fun418
2022
Total
funds
2021
01￿ct Costs
34,934
210.154
28,426
273,514
742, T94
Total 2021
109.333
33,461
142, 794
Pagè11

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YE4R ENDED 5 APRIL 2022
Anal￿16 of exp8ndltur• by actlvStle8 Itonllnu•dl
Anaiysls of suppc•rt ¢o¥ts
Totsl
funds
2022
Total
funds
2021
Aetivitl•s
2022
Accountsncy fees
Legal and professional fees
5.478
22.948
5,478
22,948
4.498
28.963
28,426
28,426
33,461
Total 2021
33,461
33.461
Independènt •xamln•rfs r•munorntlon
2022
2021
Fees payable to the Charity's independènt èxaminèr lor the independent
examinabon of tha Charity's annual accounts
5,478
4,98Q
Tru8tee8' romuneratlon and •xpens•8
During the year, no Tru5tee3 r￿1Ved any remuneration or other benefi'ts (2027 - £NIL).
During the yèar ended 5 April 2022, no Tru$lee expense5 have been incurred (2021- £NIU.
Page 12

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5APRIL 2022
Fixed assèt Inve8tm8ntS
Other fixed
Llstsd
Unlisted
a8set
InvMthi•nts Invg8tments Investments
Total
Cost or valuation
At 6 April 2021
Rev8luations
Cash mov8ments
1.207.328
48,618
19,062
57.926
1,696,650
2,961,904
48.616
19,0621
At 5 April 2022
1.246.882
57,926
1,696,650
3.001,458
Nat book value
At S April 2022
1,246,882
67.926
1,696,650
3.001,458
At 5 Apnl 2021
1,207,328
57.926
1, 696,650
2.961.904
Valuation
The listed investments are held at fair valuè, wrth reference to readily availablè markèt pri￿S.
The unlisted $ecuritiÈs arè held at cost as they are bonds held for fixed terms. The ¢apital is returned to the charity
t th6 ènd ol the fixed term. Movements in the fair value would be immaterial.
Th8 properties are held at cost as the properts.es are used to directSy dolivèr Impact rather than being hèld to provide
financial rgtum.
10.
Debtor¥
2022
2021
Due after more than om ￿ar
Oth*r dtrbtors
282.000
250,000
262,000
250.000
262,000
250,000
11.
Cr•dltOT•: Amounts falllng duo wlthln one year
2022
2021
Accruals and deferred income
19,624
27, 701
Page 13

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
12.
Statement of funds
ststèment of funds- cuffont ￿ar
Balancè at 6
April 2021
Galnsl Balanco at 6
ILos8e81
April 2022
Income
Expendsture
Unrestrlcted fund$
General Funds
3,315,030
12,491
1222,514
48,616
3,153.823
Restricted funds
D'souza Fund
Hawkins Fund
115.000
130.0001
121,0001
85,000
20,000
41,000
41.0110
115,000
161.0001
105,000
Total of funds
3,356,030
127,491
1273,5141
48,618
3,258,623
The Hawkins Fund arose upon the donation ol a sum ol money out of the estate of the late Miss C A Hawkin5 by
niece. The rntsnies are Itistributed at the discretion of th6 trustees who take into account wishes expressed lo thom
from time to tim¢ by that nièce.
The D'stsuza Fund arose upon the donabon tsf a sum of money out of the estate of the late Celestine D'souza. The
monies are distributed at the discretion of the tIUStees who take into account wi$b8S expressed to them from tme to
time by Mrs D'souza's famity.
Page 14

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YE4R ENDED 5 APRIL 2022
12.
statement of funds Icontlnu¢dl
Slatem?nt of tunds . prlor year
B818nce at
7 April 2020
G8in
(Loss8sJ
Balance at
5 Apnl 2021
Inc(wng
E¥penditu
Unrestrictsd funds
General Funds- all funds
3,236,388
10,865
(142.794)
2tO,571
3,315,030
Restricted fund#
Hawkins Fund
41.000
41,(100
Total of lunds
3,277,388
70,865
(142, 794)
210,571
3,356,030
13.
Analysis of n•t 08¥ets between funds
Analy818 of ngt x$$ots ba￿¢¢n fund8 - eurr•nt year
Unrestricted
funds
2022
Re$trict8d
lunds
2022
Total
funds
2022
Fixed asset investmonts
Debtor5 due after more than ont year
Current asséts
Creditors due within one year
2,896,458
262,000
14.789
119,6241
105,000
3,001,458
262,000
14789
119,6241
Total
3,153,623
105,000
3,2S8,623
Analysls of net a$•ets befvmn funds . prior year
un￿$t￿Cled
funds
2021
Restricted
funds
2027
Total
funds
2021
Fixed asset investments
Debtors due after more than ona y&ar
Curr?nt assets
Creditors due wrthin one year
2,920,904
250,000
171.827
(27.701)
41,000
2,961.904
25Q,000
171,827
{21, 707)
Total
3,315,030
41,(XlO
3,356,030
Page 15

Docusign En¥ÈlopÈ ID." 2C3BOE6E49F3-44E8-BFE2432BD962DEFC
THE PORTERS, TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
14.
Relatsd party transactions
Streathers Highgate LLP invoiced fees of £14.499 Iinclusive ol VATI 12021." £10.3801 to the charity during tha
penod in rèspect of legal and administrative costs. Streath8rs Trust Corporation Lirnit8d, which is controlled by
Streath8rs Highgate LLP is a trustse of the charity.
Page 16