| Page | |||
|---|---|---|---|
| Trustees' Annual Report | 1-3 | ||
| Independent Examiner's |
Report | ||
| Statement ofFinancial | Activities | ||
| Balance Sheet | |||
| Notes to the Financial | Statements | 7- 10 |
| Reference | and administrative information |
and administrative information |
|||
|---|---|---|---|---|---|
| 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'Tr'ustees. | |||
| 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 | Samantha Rouse |
|||
| Kreston Reeves LLP | |||||
| 37Margaret's Street |
|||||
| Canterbury | |||||
| Kent | |||||
| CT1 2TU |
| -.— Unrestricted |
-.— Unrestricted |
'I)unds-— | -.--Unrestricted | -.--Unrestricted | Funds--. | Funds--. | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expendable | Total | Expendable | Total | |||||||||
| Income | Endowntent | Funds | Income: | Endowment | Funds | |||||||
| Notes | 2022 | 2021 | ||||||||||
| Income and Expenditure | ||||||||||||
| IN COKIE | ||||||||||||
| Investment income |
24,295 | 241295 | 19,686 | 19,686 | ||||||||
| TOTAI INCOME | 24,295 | 24,295 | 196&6 | 19,686 | ||||||||
| EXPENDITURE | ||||||||||||
| Costs ofraising funds | ||||||||||||
| Investment Management |
Fees | 400 | 400 | |||||||||
| Charitable activities |
48,834 | 48,834 | 33,000 | 33,000 | ||||||||
| TOTAL EXPENDITURE | 48,834 | 400 | 49;234 | 33,000 | 33,000 | |||||||
| NET (EXPENDITURE)/INCOME | (24,539) | (400) | (24,939) | (13,314) | (13,314) | |||||||
| Net gains/(losses) on |
cash | 79 | 79 | - | - | 136 - | 136 | |||||
| Liquidation proceeds |
Blakeney | Fund | 3,281 | 3,281 | ||||||||
| Net gains/(losses) on |
investntents | (173,005) | 173,005, | 252,282 | 252,282 | |||||||
| NET INCOME/(EXPENDITURE) | (24,539) | (173,326) | (197)865) | (13,314) | 255,427 | 242,113 | ||||||
| Transfers bebveen funds |
24,539 | (24,539) | 13,314 | 13,314) | ||||||||
| NET MOVEMENT | IN FUNDS | (197)865) | (197)865) | 242, | 113 | 242,113 | ||||||
| RECONCILIATION | OF FUNDS | |||||||||||
| Total funds brought. fortvar'd | 2,286,917 | 2,286,917 | - | 2,044,804 | .2,044,804 | |||||||
| BALANCES CARRIED FORWARD | 2,0&9,052 | '2,089,052 | 2,286,917 | 2 | 286,917 |
| Notes | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| FIXEDASSETS | ||||||
| Inveshnents | 1,915,407 | 2,083,580 | ||||
| CURRENT ASSETS | ||||||
| Cash at Bank | 176,519 | 205,977 | ||||
| 176,519 | 205,977 | |||||
| CURRENT LIABILITIES | ||||||
| Creditors - falling due within | one year | 2,874 | 2,640 | |||
| NET CURRENT ASSETS | 173,645 | 203,337 | ||||
| NKT ASSETS | 2,089,052 | 2,286,917 | ||||
| FUNDS | ||||||
| .Expendable Endowment |
2,089,052 | 2,286,917 | ||||
| Approved by the Trustees |
and | authorised | for issue on: | and signed on their behalf by; |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Grants niade | 45,600 | 30,000' | |||||||
| Support costs | |||||||||
| Governance | costs (see note 4) | 3234 | 3;000 | ||||||
| 48,834 | 33,000 | ||||||||
| The grants made | comprised | the following:- | |||||||
| The advancement | ofeducation | ||||||||
| The Challoner's | Girls Foundation | 45,600 | 20,000 | ||||||
| 45,600 | 20,000 | ||||||||
| The prevention | or relief ofpoverty | ||||||||
| The Trussell | Trust | 10,000 | |||||||
| 10,000 | |||||||||
| 4 | ANALYSIS OF | GOVERNANCE | COSTS | ||||||
| 2022 | 2021 | ||||||||
| Messrs. Hoare | Trustees - Administration | fee | 1,620 | 1,620 | |||||
| Kreston Reeves - | Independent | Examination | fee | 1,254 | 1,020 | ||||
| C.Hoare &Co bank charges | 360 | 360 | |||||||
| 3,234 | 3,000 |
| ANALYSIS | OFCHAR | ITAB | LE FUNDS | |||||
|---|---|---|---|---|---|---|---|---|
| Balance | Incoming | Resources | Transfers | Funds | ||||
| 01-Oct-21 | Resources | expended | 30-Sop-22 | |||||
| g | g | |||||||
| General Income Fund | 24,295 | (48,834) | 24,539 | |||||
| Endowment | 2/86,917 | 172,92 | (400 | (24,539 | 2,089,052 | |||
| Total | 2,286,917 | 148,631) | 49,234) | 2,089,052 | ||||
| Name Fund | ||||||||
| Unrestricted: | ||||||||
| General | Income arising in the year spent on furthering | the | charity's purposes. | |||||
| Expendable | Endowment | Any | deficit on general fimd can be met by this | fund atthe trustees' discretion. |
| ANALYSIS OF GROUP NET ASSETS BEMVKKN | FUNDS | |||
|---|---|---|---|---|
| General Income | Endoivment | Total | 2021 | |
| Fund | ||||
| g | ||||
| Tangible fixed assets | 1,915,407 | 1,915,407 | 2,083,580 | |
| Cash at bank and in hand Other net current assets/(liabilities) Total |
176,519 2,874) 2,089,052 |
176)519 2,874 2&089)052 |
205,977 ~2,640) 2,286,917 |