| Page | |||
|---|---|---|---|
| Trustees' Annual Report | 1-3 | ||
| Independent Examiner's |
Report | ||
| Statement ofFinancial | Activities | ||
| Balance Sheet | |||
| Notes to the Financial | Statements | 7-10 |
| Founders | James Carl Hancocks | |||||
|---|---|---|---|---|---|---|
| Antonia Rachel Hancocks | ||||||
| Dates ofDeeds | Declaration ofTrust | —30th November 2010 | ||||
| Trustees | James Carl Hancocks | |||||
| Antonia Rachel Hancocks | ||||||
| The power to remove | and to appoint new or additional | Trustees is vested in the Trustees. | ||||
| Nature ofTrust | A registered charity with the Charity Commissioners |
for England | and Wales (Charity number | 1140553) | ||
| Registered | Office | Messrs. Hoare Trustees | ||||
| 37Fleet Street | ||||||
| London | ||||||
| EC4P 4DQ | ||||||
| Bankers | C.Hoare &Co. | |||||
| 37Fleet Street | ||||||
| London | ||||||
| EC4P 4DQ | ||||||
| Custody Portfolio | Canaccord Genuity Wealth Management | |||||
| 41 Lothbury | ||||||
| London | ||||||
| EC2R7AE | ||||||
| Independent | Examiners | Kreston Reeves LLP | ||||
| 37Margaret's Street |
||||||
| Canterbury | ||||||
| Kent | ||||||
| CTI 2TU |
| ——Unrestricted Funds— | ——Unrestricted Funds— | --Unrestricted Funds-- |
--Unrestricted Funds-- |
--Unrestricted Funds-- |
|||||
|---|---|---|---|---|---|---|---|---|---|
| Expendable | Total | Expendable | Total | ||||||
| Income | Endowment | Funds | Income | Endowment | Funds | ||||
| Notes | 2,021 | 2,020 | |||||||
| Income and Expenditure | |||||||||
| INCOME | |||||||||
| Investment income |
19,686 | 19,6$6 | 25,625 | 25,625 | |||||
| TOTAL INCOME | 19,686 | 19,686 | 25,625 | 25,625 | |||||
| EXPENDITURE | |||||||||
| Costs ofraising funds | |||||||||
| Investment Management |
Fees | 400 | 400 | ||||||
| Charitable activities |
33,000 | 33,000 | 115,016 | 115,016 | |||||
| TOTAL EXPENDITURE | 33,000 | 33,000 | 115,016 | 400 | 115,416 | ||||
| NET (EXPENDITURE)/INCOME | (13,314) | (13,314) | (89,391) | (400.00) | (89,791) | ||||
| Net gains/(losses) on |
cash | (136) | (136) | 1,177 | 1,177 | ||||
| Liquidation proceeds |
Blakeney | Fund | 3,281 | 3,2$1 | 6,910 | 6,910 | |||
| Net gains/(losses) on |
investments | 252,282 | 252,282 | 88,511 | 88,511 | ||||
| NET INCOME/(EXPENDITURE) | (13,314) | 255,427 | 242,113 | (89,391) | 96,198 | 6,807 | |||
| Transfers between funds |
13,314 | 13,314) | 89,391 | 89,391 | |||||
| NET MOVEMENT | IN FUNDS | 242,113 | 242,113 | 6,807 | 6,807 | ||||
| RECONCILIATION | OF FUNDS | ||||||||
| Total funds brought forward |
2,044,804 | 2,044,804 | 2,037,997 | 2,037,997 | |||||
| BALANCES CARRIED FORWARD | 2,286,917 | 2,286,917 | 2,044,804 | 2,044,804 |
| Notes | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| FIXEDASSETS | ||||||
| Investments | 2,083,580 | 1,827,522 | ||||
| CURRENT ASSETS | ||||||
| Cash at Bank | 205,977 | 220,762 | ||||
| 205,977 | 220,762 | |||||
| CURRENT LIABILITIES | ||||||
| Creditors —falling due within one year |
2,640 | 3,480 | ||||
| NET CURRENT ASSETS | 203,337 | 217,282 | ||||
| NET ASSETS | 2,286,917 | 2,044,804 | ||||
| FUNDS | ||||||
| Expendable Endowment |
2,286,917 | 2,044,804 | ||||
| Approved by the Trustees and authorised |
for issue on: | and signed | on their behalf by: | |||
| 26-J0(-2022 | James | Hancocks (Jul 26,2022 11:39GMT+1) | ||||
| Date | Trustee |
| INVESTM | ENT INCOME | ||
|---|---|---|---|
| 2021 | 2020 | ||
| K | |||
| Investment | Income | 19,686 | 25,623 |
| Interest on | cash deposits | 2 | |
| 19,686 | 25,625 |
| The charity undertook no dir charitable activities. |
ect charitabl | e a |
ctivities but awarded grants to the followin |
g institutions in furtherance |
ofits | |
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Grants made | 30,000 | 111,000 | ||||
| Support costs | ||||||
| Governance costs (see note |
4) | 3,000 | 4,016 | |||
| 33,000 | 115,016 | |||||
| The grants made comprised the following:— |
||||||
| The advancement ofeducation |
||||||
| The Challoner's Girls Foundation |
20,000 | 100,000 | ||||
| 20,000 | 100,000 | |||||
| The prevention or relief of |
poverty | |||||
| The Trussell Trust | 10,000 | 11,000 | ||||
| 10,000 | 11,000 | |||||
| 4 | ANALYSIS OF GOVERNANCE COSTS | |||||
| 2021 | 2020 | |||||
| Messrs. Hoare Trustees —Administration |
fee | 1,620 | 2,520 | |||
| Messrs. Hoare Trustees —Administration |
fee prior years' underprovision | 446 | ||||
| Kreston Reeves —Independent |
Examination | fee | 1,020 | 960 | ||
| C.Hoare &Co bank charges | 360 | 90 | ||||
| 3,000 | 4,016 |
| FIXEDASSETINVESTMENTS | ||
|---|---|---|
| Movement in fixed asset investments |
2021 | 2020 |
| Listed Investments | ||
| Market value Brought Forward | 1,827,522 | 1,617,598 |
| Add: Purchase costs | 3,776 | 121,413 |
| Unrealised gains |
252,282 | 88,511 |
| Market value Carried Forward | 2,083,580 | 1,827,522 |
| Historical costs | 1,466,513 | 1,462,737 |
| ANALYSIS OF CHARIT | ABLE FUNDS | ||||
|---|---|---|---|---|---|
| Balance | Incoming | Resources | Transfers | Funds | |
| 01-Oct-20 | Resources | expended | 30-Sep-21 | ||
| General Income Fund | 19,686 | (33,000) | 13,314 | ||
| Endowment | 2,044,804 | 255,427 | 13,314) | 2,286,917 | |
| Total | 2,044&804 | 275,113 | (33,000) | 2,286,917 |
| ANALYSIS OF GROUP NET ASSETSBETWEEN | FUNDS | ||
|---|---|---|---|
| General Income | Endowment | Total | |
| Fund | |||
| Tangible fixed assets | 2,083,580 | 2,083,580 | |
| Cash at bank and in hand | 205,977 | 205,977 | |
| Other net current assets/(liabilities) | (2,640) | (2,640) | |
| Total | 2,286,917 | 2,286&917 |