##
##
##
##
||||Page|
|---|---|---|---|
|Trustees'|annual
report|||
|Independent
examiner's
report to the trustees||||
|Statement|offinancial|activities||
|Statement|offinancial|position||
|Notes to the financial||statements||
##
##
##
|Registered|charity|name|William
Kenneth|William
Kenneth|Hutchings|Charitable|Trust|
|---|---|---|---|---|---|---|---|
|Charity registration||number|1136841|||||
|Principal office|||Herfford House|||||
||||Southernhay|Gardens||||
||||Exeter|||||
||||EX1 1NP|||||
|The trustees|||J Hawkins|||||
||||CP Marshall|||||
||||G Marshall|||||
|Independent|examiner||Mrs SLWatts|FCCA DChA||||
||||Westcotts|||||
||||TC Cranmere|Road||||
||||Dkehampton|||||
||||Devon|||||
||||EX20 1UE|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Year ended 30June 202|3||||||
|---|---|---|---|---|---|---|
|||||2023||2022|
||||Unrestricted|Endowment|||
||||funds|funds|Total funds|Total funds|
|||Note||6|E|E|
|Income and endowments
Investment
income||4|26,023||26,023|23,289|
|Total income|||26,023||26,023|23,289|
|Expenditure|||||||
|Expenditure
on raising funds:|||||||
|Costs ofraising donations
and
legacies
Investment
management
costs
Expenditure
on charitable
activities||5
6
7|78
6,330
24,204||78
6,330
24,204|78
6,735
20,173|
|Total expenditure|||30,612||30,612|26,986|
|Net gains/(losses)
on investments||9|(3,661)||(3,661)|(38,340)|
|Net expenditure|||(8,250)||(8,250)|(42,037)|
|Transfers
between
funds|||721|(721)|||
|Net movement
in funds|||(7,529)|(721)|(8,250)|(42,037)|
|Reconciliation
offunds
Total funds brought
forward|||72,524|642,731|715,255|757,292|
|Total funds carried forward|||64,995|642,010|707,005|715,255|
##
##
|Statement ofFin
30 June 2023|ancial Position||||
|---|---|---|---|---|
||||2023|2022|
|||Note||6|
|Fixed assets
Investments||13|642,010|642,731|
|Current assets
Cash at bank and in|hand||66,543|73,964|
|Creditors: amounts|falling due within one year|14|(1,548)|(1,440)|
|Net current assets|||64,995|72,524|
|Total assets less current liabilities|||707,005|715,255|
|Net assets|||707 005|715255|
|Funds ofthe chadity
Endowment
funds
Unrestricted
funds|||642,010
64,995|642,731
72,524|
|Total charity funds||15|707,005|715,255|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|4.|Investment|income||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2023|Funds|2022|
|||||E|E|E|E|
||Income from|listed investments||26,023|26,023|23,289|23,289|
|5.|Costs ofraising donations||and|legacies||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2023|Funds|2022|
||||||E||E|
||Subscriptions|||78|78|78|78|
|6.|Investment|management|costs|||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2023|Funds|2022|
|||||E|E|E|E|
||Portfolio management|||6,330|6,330|6,735|6,735|
##
##
##
|7.|Expenditure|on charitabl|e acti|vities
b|y fund type||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds
f|2023
f|Funds|2022
f|
||Grants payable
Support costs||||20,000
4,204|20,000
4,204|16,000
4,173|16,000
4,173|
||||||24,204|24,024|20,173|20,173|
|8.|Analysis ofgrants||||||||
||||||||2023
f|2022
f|
||Grants to institutions||||||||
||InFacus
The Deaf Academy
SENSE||||||8,000
8,000|6,000
6,000
1,000|
||Moor Vision|||||||3,000|
||Living paintings
RSBC||||||2,000
2,000||
||||||||20,000|16,000|
||Grants to Individuals||||||||
||Grants to individuals||||||||
||Total grants||||||20,000|28,000|
|9.|Net gains on|investments|||||||
|||||||Unrestricted|Endowment|Total Funds|
|||||||Funds
f|Funds
f|2023
f|
||Gains/(losses)|on listed investments||||(3,661)||(3,661)|
|||||||Unrestricted|Endowment|Total Funds|
|||||||Funds|Funds|2022|
||Gains/(losses)|on listed investments||||(38,340)||(38,340)|
|10.|Independent|examination|fees||||||
||||||||2023
f|2022
f|
||Fees payable
independent|to the independent
examination
ofthe||examiner for:
financial statements|||1,548|1,435|
##
##
##
##
##
##
##
|Investments||
|---|---|
||Listed|
||investments|
||6|
|Cost orvaluation||
|At1 July2022
Additions|642,731
40,047|
|Disposals
Fair value movements|(37,107)
(3,661)|
|At 30June 2022|642,010|
|Impairment||
|At 1 July 2022 and 30June 2023||
|Carrying
amount
At 30June 2023|642,010|
|At 30June 2022|642,731|
##
##
##
##
##
##
##
|Unrestricted|funds|||||||
|---|---|---|---|---|---|---|---|
|||At||||Gains and|At|
|||1 Jul 2022|Income
f|Expenditure|Transfers
f|losses 30
f|Jun 2023
f|
|General funds||72,524|26,023|(30,612)|721|(3,661)|64,995|
|Endowment|funds|||||||
|||At||||Gains and|At|
|||1 Jul 2022|Income
f|Expenditure|Transfers
f|losses 30
f|Jun 2023|
|Endowment|Fund|642,731|||(721)||642,010|
##
|Analysis ofnet as|sets between|funds||||
|---|---|---|---|---|---|
|||Unrestricted|Endowment|Total Funds|Total Funds|
|||Funds
f|Funds
f|2023
f|2022
f|
|Investments
Current assets||66,543|642,010|642,010
66,543|642,731
73,964|
|Creditors less than|1 year|(1,548)||(1,548)|(1,440)|
|Net assets||64,995|642,010|707,005|715,255|
##