Cl* rn9l•tr•llon nwNbor 1141169 JOHN JACKSON CHARITABLE TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 6APRIL 2023
JOHN JACKSON CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Tru8tse8 Mfs M S Dcxwr Mr C P Fr8em MrA J Lg8per Charfty numts•r 1141159 Prlnclpal addr•88 Suite 18 Ch#rter House 11 Couruands Road EaBtboume East Sus BN22 8UY Manningbns 39 High Str8et Audltor East Sussex TN33 OEE Bank•rn 8ardays Bank PLC PO 8ox 779 Easlboume East Su59ex BN213PQ Soll¢ttor• Mccarthy Webb Limtted Mccarthy Webb 21 Wsh Road Eastboumo East Sussox BN214NX Invosknont advlsgrn Qullièr Ch8viol Umttgd Senator Hous8 85 Queen Victorf# Slrefjt London EC4V 4AB
JOHN JACKSON CHARITABLE TRUST CONTENTS Pag• Tw8tts8' rfjrt Statement of trugtee8' reBpoll8lL4111Ie8 Independont audltots Statgrn•nl of finanthl 4dvlle8 ststem•nt olftnanclal po8Slon Notts to th• fln•nclal statl•n 10-20
JOHN JACKSON CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5APRIL 2023 Tho trusts88 pr•s•nl 1r •nd o¢¢ounts lor th• yaw andad SWI 2023. Tho a)Unts have baon pr8par•d in accordancAg vthh th• oc¢ounting POtiCKgS Sel out in note 110 th& aeeounts and eilmpty wlth th& Will Thjst founding the charty. the Ch8ri18 Act 2011 and"AttounUng and Reporting by Chgrf119$.' ststgment of Recomrngn(18d Pra¢ttc• appll¢able to chanties preparing their ackn)unts in accordance with tho FinancAal Reporting Standard applicable in the UK 8nd Republic ol Irebnd IFRS 1021 leffg¢tiVg 1 January 2019}' Itha Charlles SORPI. ObCtIve8 •nd •cllvlU•• Th• tru81 w88 endtswed by a residuary bequest from the 191• oftho18ts John Alan Jac80n. The 081ots cKJmprfsad In t•quesl fjr8 not •xp•ndable by th• trust 8nd ar• held in a pe¥manent andowment fund. The tfusY8 oblect lo •ppty thè in¢¢mo Iron the ¢ndowmènt fvn¢J lor chAritable purposas lor th• b8nafit ol the communlty ol E88lbouma, Ea8t Su¥8ex, and for such charl1ae purp¢$tr3 generlY 96 tho Irust¢e$ moy detomin•. Tho tru8ts88 hav• coMpld th th• duty kn fyeetlon 17151 ol the CharlUe8 Act 2011 to hav& due regard to th• guthn 188 by th& Ch8rfty Comml8slon on Publ1¢ Bonefft in d8ck11rKJ what lh• trust 8hould und•rtak•. Th• trust ••tbll•hod It8 grant rnaklTrJ polky to achlov• Its o¥ect fortho benèfit ofth• o)mmunlty of Ewthourn• and for Such chadtabl6 purpos88 generally AS the trustees may datsnnina. It wlll principally 8UPPOrt Charit9 and community bodle$ 0r8n9 in the fi&ld8 01 educaOn, hgrllo90, $0¢101 wellare, dlsablllty. cL)mrnunty art8, community sport8, 8nd animgl w&llgr8. Tho charty applutions lor grant lunding through its website www.johnjaL•ontharit•btslruit¢%g.uk lor pr• vthich w511 tho ¢ornmunity of Eo•tbourn•. rtlIrtY In Ih•g0 18. A¢hhv•m•nt• •n¢l porfomiin¢• In fvrttt9ran ol th• ¢hartys 04•cliv8, th• tm8t•88 miew grant application8 rec8iv•d. 8olectlng Itsr grant award from those whlth o)nhrn wlth the ¢harfty8 ¢ble¢tivo, When opproprf8ts, • In8t•8 wlll vlBIt potentlal gr8ntg88 to dlscu88 thetr organ18811on or proJ8Ct In mor• dgtsll to onsure Ihat the charity8 objedlve will met #nd that th• gr8nl 11 ¥noble publ1¢ b&n•fil lo bg 8thbv•d. The tru81••$ requ88t grnnta88 to report wlwt has been athiMd wlth the grant. aTKI a580 have a pollcy ol reWIng th& mpL9ttOn of m4jor pffjl8¢ts whl¢h wfj funded by grants Irom th& charfty. Photograph8 01 •om• of th8 wct• iThJ ¢hArft*i lurKl•d b• M•n on b$It0 vvrn,lohnj•Ck80n¢haritabk9Sl.or9,Uk. A8 dotslled In Note S to th• •¢¢ounts below. ¢har6thl grnnt8 w•rn mad• durfThJ tho yoar to 43 dwltl68 Ind communlty or5an180Won$ tctsllSng £187,40912022.. £129,282) to on8blo thom to ¢•rry out or •nhgnc• Ihalr for the benefil ol the publia The allocation ol grant8 during th& yo8r was.. 1023 2022 EdueAtlon Hgrtt899 Swal W8tsrg Oi8abilty CommunltyArt8 Communlty Sports Anlmal Welfare IndlvidualB 315 18,248 85,708 6,200 29,880 54,200 11,000 1,800 3.2C 72,567 11,CQO 12,CQO 14,825 Tol81 The tru8t888 have contlnued a prograrnme of renovauon and ropair of Its InStment propertk8s In ordef tolot thos• prcp8rtles lor In¢xJme purp09eB.
JOHN JACKSON CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5APRIL 2023 Flnanclal rnvl•w The IMII Trust pe1th the charfty'g fund8 to be invested In a wid• varty of invo8tm•nts indudin9 land. trustq¥$' poll¢y 1$ to Inv•$t th• ndlMnI fund apprnatelY 80% In resldantial propertl88 for kt and 20% in a portfolio of li$t¢d $ooJritie3 and llect? invesknonl fvnds, wlthin the rang& approved for carfl08 by 88Ctlon 558 InrLJme Tax Act 2007. The investment policy for the POTttolio i3'capital grchth. with a viow to griyAing th& Infialton &dlu•ted real value oftho pmngnl •ndowm•nt fijnd over th• long tem) to enhancg fvtw• gront glvlng capadty. Th• In¢omlNJ and outgolng rwurcos ol th¥ tho1 arn 8hown In the statfjment ol finandal advitl85 on page 8. The balgnc4 ¢awrt•d f¢Mafd a15 April 2023 on Ilw unrethct•d fuTra wag £Jg).586 12022.. £124,7e6}, and on tho endowmeTht fund w88 £18,277,26712022'. £18,462,981). unra8Cld Inetsno kn madè up of rèntal incomè from the portfrllo of In¥ttbmont prop•rt188, dIvmIS And Int•re•t rec•id from the Investment portlollo, and bank dgposrt int8rn8t. Gros8 rontal Incomè lor th8 ya8r WAS £383.587 {2022' £382,788). In¢om& from th& portfolio's 118ied In81m•nI$ In th• 0¢ was £90.510 12022. £81.7881. Bank dep081t Int8r•8twas £93712022.. £61. The Involkngnt prop8rt188 al S >r11 2023 w8ro v8lu8d at £14,845,00012022.' £14.780.CQOI. Thè portldio plu$ cagh held for Inve81m•nt at 5 &0ri12023 wag v&lue(l al £3,435,97812022.. £3,e86,9871. It 18 th& policy of IM InMta68 that an unwtrlctod re8•rvg wlll t• 1 ol £80.000. aFyroxlrnfytoly h¥0 monthB' qfoB• rnnl from tho Inv88tm8nt prop•rti••, to on8blo Iho tru8t to meot sudd•n and unloreBeen ffjp&Sr8 bocomlng ng¢gWry on Iho8a proparU, such 81 8lomi damay, and to enab conunulty of grant fundlng In the ownt olfluGtualon8 01 incom8. Tho truste88 rataln8d unresiricted feBorves at £150,588 al the y•ar Ond 88 Ih•y had m•d• o condltlonal grnnl award of £80.000 lor whlch the condluons had not yet been mol at the yearond. Th• truBtee8 a888ed major ri$kJ lo whlch tho tru8111 oxposod, and •r• •g118ft•d that r• In plac to mIt&t0 expogure to the major rfsks. Th• tru8t••8 hav• • r•a8onabl• •xpoctakn thAI the tru$l hi• adequat• rn8ourco• to cfjnllnug In oprntbnal •xl8tw¢e for th• forg8•gablg fulurfj. Awjrdlngly. th• tru•t••i (y)nlnu• to adopt th• golng conc•m bA•kn ol accountlng In preparfng the flnnci•l ¥t8tements. Plam lor futur• p•rlod• Tho tN8tee8 Inl&nd to ¢onfjnu• rn•noglng tha yrni8nenl •IOwMèn1 luftd ¥Ath * •W to g•n•rollThJ In¢¢Yne to •nabh tho charfty to malnt4ln It$ 9r8nt gIn9 8¢tiv6v whlle a180 wklng to Increase the Inflatlon #dlust•J r••1 vahja of the pean0nt ondowm•nl lund 0r the lon9 lèrni to onhanc4 futufo grant gmng capaclty. 8truetur•. govem•n¢e ind rnanaqem•nt Th• trust wa$ •stabllsh8d by Iha IMII ol tha late John Algn J•c4(wn who thed on 24 Dec•mb•r 2010. Th• tywt Is rngistsred th th& Unltsd Krydom by th8 Charity Commlgsion 88 John J8ck80n Charftable Trust, and the Ch8rity Comrnls8lon regtsterod numbar $6 1141159, Tho ¢hadty's prfndpal offic• 18 al Sult• 18. Chartar Hou, 11 cOu8nd• Road. E8Stbwr. 8N22 8UY. Thé tru8t••s who semd durlrrfJ th9 y84r and up to tho dats o18igrthifè ol thg financial $tat¢monl8 hw•'. Mr8 M S DcMn8y MrA J Lesrer Mr C P Fr•8man Th•rg werg no changes to th• trustees durfng the year. Th• tru¥tees TeVMV the thill$ 8ftd ¢ompgter¢i88 raquirod for the board ol IN$lee$, and wh8r• 8 r¢qulrom8nt 1$ Idgnbfied they InMlat8 a recrultrnent proce$$. tru$to9$ ar• appointed by, •nd raetivè training from, th• •xlstin9 trusta69, Th•ra is no fomial training prc¥rarnme.
JOHN JACKSON CHARITABLE TRUST
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2023
The trust is managed by the trustees who met on 3 occasions during the year to consider the key operational areas of grant making, investment, reserves and risk management. The trustees also have frequent informal communication on operational matters throughout the year. All decisions are made by the trustees.
The charity holds its bank accounts with Barclays Bank Pie, and has also opened a deposit facility with COIF Charities Deposit Fund.
The charity has appointed stockbrokers Quilter Cheviot Limited to manage its investment portfolio on the discretionary management basis and in accordance with the investment policy "capital growth". The portfolio assets are held in custody for the charity by Quilter Cheviot Limited's wholly owned nominee companies or unaffiliated approved custodians, see:
https://www.quiltercheviot.com/siteassets/documents/terms-and-conditions/os010160-qc-terms-conditions-uk.pdf for full details of Quilter Cheviot Limited's custody arrangements.
The charity's investment properties are registered at the Land Registry in the names of the charity's trustees.
The trustees' report was approved by the Board of Trustees.
M S Downey
Mrs M S Downey Trustee
-3-
JOHN JACKSON CHARITABLE TrUST STATEMEKf OF TRUSTEES. RESPONSIBILrnES FOR ThIE YEAR ENDED 5APRIL 2023 y•w whlth g1 a aiKI 18ir vlthv ol tr• •l•l• ol •ff olth• tru•1 •xl olth• of r•8ourc48 olts trust for Ihal y••r. In •ceounts, tr InAtoM rn¢N•d to..
JOHN JACKSON CHARITABLE TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF JOHN JACKSON CHARITABLE TRUST Oplnlon have audited the financial statements ol John Jackson Charitable Twst lthtr'¢harityl for t year $ndèd S April 2023. whlth comprise thg Statamant of Financial A(vths. Balan Sheet, and Notès to the Finanod Stst8ments, (n¢ludin9 a sumrnary of significant a¢¢ounting polioes. The finani81 roporting frarnework that has teen appld in thelr preparation i¥ Unrted lQ"ngdom AccountiffJ Stsndards. COMpnr Charib"as SORP - FRS 102 The Finan(aal Repo"n9 Standard ¥pplibIe in the UK and RepubliG of Ireland. al appli¢able law (United Kin9dtn Generally A¢tspt•d Accounting Praclic•). In our opinbn, the fflnancAal staternents.. give a true and fair view of the stste ot tr¢ ¢h8rity$ affairs 38 at 5 April 2023 and of its in¢emlThJ resour gnd applicabon of resoufcos. lthiro its incomtr and expanditure, for thè year thon ended.. hava property pr¢p4r•d In accordance with Unltod ngdorn Gerterally Ac¢oPtod Ac0n11r9 PrnctV', and ha been PTepar&J in aGr(lance vAth r8quimments ofth8 CharittasAct 2011. B•sls for oplnlon cnnducted our audit in arKordanc8 with InmetOnal Standaids on AJ111n9 IUKI IISAS IUKII and applicab law. Our responsib¢litie$ undèr thos8 standards are further described in the Auditors rèwsibilifres forlh$ audit ol lh8 finalal Slatomts section of our report. are indgFendwtt of the trust in accordance wffth thè ethic81 r8quiremenis that aro r818vAnt to audit of th& finanual statements in tho UK. including the FRC'S Ethical Sland•rd. and we have fv1fi118d our othar ethKal re5pJn$ibllits In accKJrdance wth thesè raquIrents. beli that the auditewdonca wo have obtained 1$ $ufflo8nt and ¥Fpropriats to pdfj a basis forour opinion. Conelu8lons rel1n9 to g•lNJ c4)ne•rn In aud"rting the financial Stslèments. we have ¢>)ndud8d that the trustees. use of ts going conc¥m ba91s of accounting in th8 praparation ofthe fjnandal s&iternents is appropnatg. Based on tho wod( have perfonned, w• hava not id&nlifie<l any mo1èrf81 unc8rtaintvas rtlofjng to events or condilions thaL indi¥idu81ty or CO1Ctive1y, may c881 signffi¢ant doubt on the ¢h¥rity's abdity to contsnua a$ a going con lor o period of at least 1Ve m¢nth$ from vthen thè financial ststemanis are authori8ed lor issue. Our wpondbileS and the re$ponsibillb"8s of the tnfyte8s with rosp8ct to going o)n¢wn 8r8 destytd in tho r81evant sections ofthL8 report. Other Infomion The INSt are reSpOlbIe for the ts11 infom)8tion. Thg Othw thifomadon comprises the infomi8tlon included in the annual reporL oth•i than the financial ¥tstem8nts and our alitorS report thereon. OUT opinion lh8 financial statements does not eowr the other infomatiort and. exc4pt to the extent eYpl¢cY slat41 in our r8POrt, we do not expre ony forn) of assurance conclusion thereon. In connection wilh our alIt of the finart¢ial $t8tem•nts. our responsibilty is to raad the other informalkjn and, in doing so. cortsider vAkther the other infonnation is matsrially Inconsistent with Ilp financiql statemènts or our knowledge obtainad in tha audit or oth¥Mise appears to t4 materially misstated. If we Kl¢ntify suth material IneA)nsistenLyes or appar&nt material rnisstatements. we are required to d¢t8rnin8 whether thtrre b a material rnisstst¢mant in Ihe finanrAal Statements or a material rnffjstatgm&nt of the other infonnation. If. bas8d on the work w• have performed, w8 condude that there 1$ a matgrial MstateMent of this tsthèf information, we org raquired to rèport that fact nolhing to port In this regard.
JOHN JACKSON CHARITABLE TRUST
INDEPENDENT AUDrfoR'S REPORT (COriNUED}
TO THE TRUSTEES OF JOHN JACKSON CHARITABLE TRUST
Matl•Tr on Twhl¢h w• arn rnqy5Y•d ts Y•POrt ty •x¢op
In tho Wjhl ol our krThl•d98 aThJ %1•rstandirQ of the dwrity ar¥J its obt•ned in Cou ol th•
audit, have not entifvj Mater misststanws in the Tn•tses' ReF#xL
hgv• nOthty to In resCl ol the matlors WI th? Charilt•8 h£t 2011 to report to
you if, in our opinion:
thtr inf0miat1 In t sn•nts is lThxnw'8tant in matorial fw•cI th• TruItB,
Rqjort. or
adequats aCCJnry record8 have rk)t krf or r•lurrffj •dwu•ts tr our I11 ha not
frtyTr branch•s ncl v&it•J by us,. LV
w• not r•c•ib•J 011 th• inl)rmthn w• kour
R•8pon•lbllltl•• of tru•tM•
As explairtod fully in thB slat•m oftsiMt••s' the tnjstees W¢ rtspornibb for preparauon
ol the financial gtstoments and fty boiN4 4ti$fi•d Ywt thèy gi a tAffj And fair viv. and lor 8uch int•mal Control a8
ml$$t8tem•nl. whthr ¢kn to fraul or.
In preporfTrJ th• finAncl •tAt•mwts. th? Inj$t • nw>noI for •M•Mii th• rtharttvs abilty trJ contknu• •• •
golrKJ ¢¢fic•m, dl8doslrwJ, as appltcable, mattws ml•tsd to (JK•m Jrbj u8irg gtyng of
ceounkng unth tho tru8twB eitr intoThJ lo C$ cyrabons. of how no ro•lL8lc allemati but to do 80.
Audltorf• f••pon•bblllt&x for lh• •udft of the fln•ncthl •tst•m•nts
hovo beon apwnttyj 88 ¥cllon 144 of t 2011 i•ptyl In •co)rdw wlth lh•
A¢t 8nd rnlavant regula m•d• or h¥¥ir¥J ¢ll¥ct ttrwThJer.
Our obJeLlfft oo to obt4n 888wanc• 8b(Mrt tth•r IM rmnoal tlOntI 0$ • VholJ •rn from
mgt•rlal misststement, vthethw duo frawj or •rr(. #rrfj to ill An 0Jrt08 report ihat indudos our wlnh)n.
R¥•8onoUe •s8urgn ra a hkdh ol as8urano Lxrt is o ouw8nt•• thAt an Audit ttf#JuL•J in a¢oxdanc•
wlth ISAB IUKI 111 ows deted 8 matenal miMtat•ment when it 8xi5t8. Misststemènts 8rf8• frcyn or
orror 8nd orn con4•d ma¢•rial rf, ty¥Jividualty or wi tho ¥oarW. w•cmPAy b• 0Xod to in11u¢¥
th• •conornic of u8ws tsk•n on baw"$ ol theM fin•n¢4al statemonis.
D•t•ctFng Irrngul•rfll••. In¢ludlng fr4ud
Irrg9ulartdes, Incaudlng fraud, are of rKn
JOHN JACKSON CHARITABLE TRUST INDEPENDEKf AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF JOHN JACKSON CHARrrABLE TRUST Re¢•v8nt audk te•ts ire planned to asBist in th• detekn of any miuppyoprfation ol fvrKls ty w•y ol frAthl. c rnis8t8tem&nt8. Lat•st accounts disdOsu th8ckll$t8 8vai18bkry or• 4180 ¢ompW to •n$ur• th• accounts Comply with th8 l&tos1 r•p)rtlng from•w¢rt( that 1$ 8ppll¢abh to th• ¢horfty. re •r• 88p•¢ts of which ar• tJ•lib•ratsty unpr•dktable to a$iist In the d•t•ctton ol lrnpulorltF•8, 8uth as v8ryth1g test itèm$ which are mor• 8u•c•pbN• lo hud. y•ar on yaar aThJ by InCOOrnt4g 8y6tematic ¢)¥•r lh• populabom t••l•J. A furth•r dI'pl ol our r•¥•W.11"•1 tr tr •Lth of th• finan1 8t8tsrno ts locth on th• Fln•nu•l Councll'• 1t6 at hllp.'lhv4Thf.frc.org.•LII0rnI.Iiti88. This doiffjion lonn• part ol our a11t0$ r•port Oth•r matt•r• Your ott•nOnI0 dr•wn to IM fvct th•t tt th#rty has p(•d financi•l •iatemonis in al14nc• wh'AcwJnti ond Reportlna by Ch•rlUM', Stat•m•nt of R¢comm•nd•d Prxtt4 •pICabl8 to preparfw th•lr •crunIS In •Crdan wlih Ihè Flnancial R•porting St&nd8rd appllcabl• In th• UK And Rfjpubllc ol Ir•l•nd IFRS 1021" 1 aned) in prnf•r•nc¢ to th• AOUntIng gnd Rep)rtlng by ChorfU•8'. Stat6menl ol Recomm•Thled Prncticti A8Uod ) 1 April 2005 whlch th r•f•rr•d to In the extanl regul•lon• bul ho1 tsn vllhdrawn. Tl hm don• In ordor for th• finan&1 •tatwn•nts to pd• • tru• •nd tslr •W In •ceord•nc• wllh G•n•rnlly pkndAcfmOr4 Pf•G¥c• •ff•rAk knr r•p>1IvJ Wnnlng on or oftw 1 J•nu•ry 2016. Lkn• olour Mport 2011 and r•guladoM mad• undgr 8e(thn 154 of kt. Our th hos t¢en uTrJwiok•n $0 Ih•l we mwjhl $tOt• to lh• trts$teo$ Ihw matt•rn •r• r•quir•d to •t•h lo trt••1 th •n wJrtor3' rwt and for Tr) othw pu. To Il 11•81 oxt•nl F•milltsd by Iw, w¢ &J not 8wt or M••um• mponJiJifjty to anyom othor thn th• c•rty truth• •• • bo¢¥, for our Ilitalk. ts IhlB rwL or hrn lorff•d. I1nIn0• Ch1rt•r•dA¢¢Trtsts 8ts1• Aud#•r 39 Hbh Str••l East Susmx TN33 OEE MonnlNJlon• l• •liglbl• lor aFOnlrnenl u auditor ol cmrity ol Its •1g*thty for •ppokntrrort M •Allor ofa compony undor 1212 ofth• Cthmp•nt••Acl 20Ce.
JOHN JACKSON CHARITABLE TRUST STATEMENT OF FINANCIAL ACTivmES FOR ThIE YEAR ENDED 5APRIL 2023 nd 2023 Trj 2023 2022 475.014 47S.014 464.580 Exp•ndlturn on: R•WrrfJ lun 1W.45J 15,282 2QS,718 137,254 15,481 152.715 258.7 258.7 19),453 1¥Y),453 T•t•l th•rfl•bl• •1P•ndrn 258.738 258.736 11KI.453 1W,453 Tot•1 Mou •xp•nd•d 449,1f 1S,282 464,4S4 327.707 15.481 343.188 N•t g•InLN) 10 {170.4621 1170.4521 2.415,496 2.415.405 2s.822 (186.7141 {159,8921 136.853 2.4CKI.034 2.536.887 Fund balan• 4t 2022 124,788 18.482.981 18.587.747 112.wl 18,(m,947 18.050.880 Fund tr•l•ncM •t6 2Q2J 1,588 18.277.287 18.427.855 124,7e8 18.482,981 18.587.747
JOHN JACKSON CHARITABLE TRUST
STATEMENT OF FINANCIAL POSITION
AS AT 5 APRIL 2023
| Fixed asset Propery, plant and equipment Investment properies Investents Current asset Trade and other receivables Cash at bank and in hand Current liabilities Net current assets Totl asset less current liabilities Capitl fund Endowment fund Income fund Unrestricted fund Notes 11 12 13 15 16 17 |
2023 £ £ 3,413 184,556 187,969 (41,090) 14,845,000 3,435,976 18,280,976 146,879 18,427,855 18,277,267 150,588 18,427,855 |
2022 £ £ 8,212 228,806 237,018 (116,258) 14,780,000 3,686,987 18,466,987 120,760 18,587,747 18,462,981 124,766 18,587,747 |
|---|---|---|
The financial statements were approved by the Trustees on ... � .. 4-.::". .1.l.:::-�
M S Downey
Trustee
-9-
JOHN JACKSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 A¢Th11n0 pollcl Ch•rlty InforniaON John Jatson Charttabl• Trusi 1$ an unlncorporatsd tharfty 00Med by Ihe Wll ol the lo1• John AJ8n Jackson who dk?d on 24 Do¢gmber 2010. 11 ly reglst8rèd with the Charity CommissK)n under tharity numb•r 1141159. Thè priAPa1 address is Suite 18. Charter House. 11 CourtSand8 Road. Eastboume. BN22 8UY. 1.1 Accountlng comi•ntlon The •¢¢ounts have tsoon propared In accordance wllh tho Iru¥fs govemlw document. the ChAritle& Ad 2011 and 'Accounting and Repo.ng by Charitie$'. Ststement ol Recommfyndod PrgGtlc¢ oppllcabkry to charities prepgrfng tho4r a¢Unts in ac¢ordanc• with the Flngncial Reporfng Standard applicble In thè UK Ind Ropubllc of Ireland IFRS 1021.los 8mended frjr 8ccountirvJ riodS mM8ndnll from 1 J8nu•ry 20191. Th tru8t l¥ a Publ1¢ B•nefll Enlbty as defined by FRS 102. The trust ha8 taken advantag• oflh• pro¥lcM In tho SORP for applylng FRS 102 Updgts Bull•tln 1 not to prwre • Slat•m&nt of Cash Flow8. Th• financlal ¥t#tsrnents have departed frorn th• Chadts8 (Accounts and R•portsl R•aulglloM 2008 On to th• •xt8nt lo provEde • tN• and 18ir Th18 d•pariur• has involved followlrKJ th& Stot•monl ol R•¢omm•nd•d Prnctica lor charft8 Applylrtg FRS 102 rothgr th•n the verslon of th& Ststomonl of RICMond•d Prackn vthleh18 referred to kn the Ragulai4on$ butwhlth h88 b••n vhthdrjwn. Th• flnancS8l itAt8m•nts arn praparnd In 8rtlng. whbth l• the fun¢tton•l currww of th• Iru•l. Mon•t•ry Amounts in th finlI Btalernents ate rounded to th• noar•Bt £. Tho flngnclaj 8tst•rn•nts b•en pr•pared under th• hi8lori¢al tr)8t Convention, mdifiod lo Include Iha rgvolualon of fr•8hold prop•rtias and to Includ• IrweBtrn8nt propgth8 and rtaIn fflnanclgl Instrum•nts at falr valuè. Thè prfftdpal accounn9 ptsliu•8 adoptsd 8•t out b•low. 1.1 Qolng con¢?m At thè tirno ol apprown9 the ffnanclal statements, the trvsle8B ha a reasonable o>pectsOon that thè InJBI ha8 ad8quat• r8goure•• to contlnu• In 010110nl •xl8t8n¢• for th• for•8e••bl• lutyJr•. Thus th• tru8t• conllnue lo Jdopt lh• goino CfJnn bMi& of accounoro In prepartng thè financ481 stat•ment8. 1.3 Ch•rfl•bl• ful Unr•strf¢t¥d fvnd8 ar• availabl¥ for u89 al Iho di8crnlon of lh• trust in fvrthorance of th6lr chblo otlectives unle88 the fu18 h8VO t•on d19n8t•d lor o¢her purpo8•8. Tho trust was ondow8d by a rnsidvary b8qU8St from the •stat• of th• lat• John Alan Jack80n. Th• 088•ts COM90d In the bequ88t not oxp8ndabl& by Iha trust and or& held In 9 pemi8n•nl •rIJoont fund. Tho tru8t$ oble¢t h to SpY the Incomè from the ondowment fund lor tharitthe purposes lor Ilw b•nfrfft ol the ¢xJmmunlty ol E•itt>)umo, Elst sSex. 8nd for 8uth th8rf1abk8 purpo8tt gerallY A8 thè trustéts may ¢J&tormln•. IA Incomlng r•8ource8 Inecffle Is rncognlsed when th• trust18 legally •nOUed to k aftgr any F4rltym)an¢a o)n4lllon8 hav• beon mgL the amounts can bè mèaaurod r•liabty, and il 1$ wobablè Ihal whl rec•iv8d. Tho charitys inpJm• ¢on¥i¥ts 01 rents ro¢eNgd trtsm th¢ K8tting ol InstrneTrt properties and Investrnent Income frorn the inv•8knonl portfolio. io-
JOHN JACKSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENfs (CONTINUED) FOR THE YEAR ENDED 5APRIL 2023 A¢¢ountlng poll¢lo• Iconllnugd) 1J RMource• exponded Li8bilitk88 are recognis•d a8 reBour(w exponded loon as there h a logal or nStrU¢b obllgalon committlng the charity to the expenditure. Al expenditure is acMunted for on an acuu818 h#8 rJassffi8a under h•ading$ th8t aggrog8t• all ¢o$ts related to tha CAtsgory. and Includ8s attrlbutable VAT which Expenditure on ralslng funds o)n8iBt of Inv68tmenl m8nagemonl lor manogoment ol the Inv&thwnl portfollo. and all ¢08ts r•latlnp to th• upka•p •nd mlnagement of Invg$tm8nl prop&8. ExwrKll1u on ¢hirrtabk8 actMtb8 indudè overhead incuffed In ¢hrylffJ out th• adv61188 ofth• ¢h•rfty. Govemance coth Involvlng tl oc¢ountsbilty ol the charlty and It8 ¢ompli4n¢• w r•guLqlon and good practtca. Grants pay•ble Mre payment8 to thlrd p8rties In furthoro ol Iho charttable a¢tlvitle8 of the Iru$l. Exp•ndl¢u on grant• is ret>)rded once iho tnmt haB mada an Un¢011t0nal commltment to pay th• 9ranl and communiut•d to th& bengfi¢lary or th• grant ha8 been patd. whkh•ver Is t •artl•r. 1.6 Prop•rty, plant and oqulpm•nt Propety, plant and equSpmenl 8fft inillally me•8urod •1 ¢081 aTra •ubwu•nly m•a8ur•d al c4$t or valu•Uon. nll oldepr8ciab.on 4nd any tmp8irmant1088•8. D•pr8claJon18 rttognlgad 80 a$ to wrlt• off th• cut or ValUaOn of•8o0ts l•1• thdr rulduol valu•B over th•lr uMfvI li$ on tho folknviffd bas•8'. Flxture8, fftlngi & •qulw)ent 25% 8tr•l9M IIM ba$1• Th• 9aln or 10$8 arlslng on the dl8po801 ol •n a88Ot 18 d•t•milned a8 dIff•rar b8trmn th• proreds gnd th• ratrylro Val ofth8 a880t. ond18 r9¢09ned In the Stalernent offlnandal acbvitsol. All •xp8ndNur• on aM8t818 ¢aplt•ll8•d. 1.7 Inv••tm•n¢ PfOP•t11 InveAbn•nl pr¢pgty, whi¢h 1$ proF4rty held lo 8am r•ntg1$ ondlor lor ca81 appT8datlon, Its Inttlilty reeognised at co61, which Includes the purcha&g cost and any direcuy attrbulatrle gxptndilur•. Subwu•ntry 11 1$ mg08ured at falr vglue at the mporting and dats. T Burplug or deficit on rwAluat¢on 18 rwnlsed In thè $tstem•nt of flnanck41 actl¥Atles. 1.8 Nonyrr•nt Inv••trn•nts Inve51rnonts, Induding Investment propert$. aro indutjed in the balanca sheet at th'r on martl valu&. The ¥tstemenl ol finano81 a¢tswti¥s Inc4ud•$ th• net g8In8 and 1088&$ 0ri8in9 on r¢v•luAtion and dlspos811 Ihroughout the year. R8all8ed galns and 10898s on in¥¢8tments arn calculated as the differene betrfftn the 8at• pr•(1$ and op•ning marfK8t valu8 lor cts8t W later). Unr•Alls•d gains and lossas ar• calculated as the diff•rènc bèhve8n th8 ma•1 vatu8 at tho y•8r and and op8nlng mark•t valu8 lor cost il IAtorl. 1.0 Impalm•nt of b)on4urr•nt At &ach rewrbng end date. the trust revivws the carrying amoun18 of Its tsn9ible ¥88ets tr• dotannim wh•th•r there is any Indition Ihat those a¥sets have suff¥r8d an impainntrnl loss. If 8ny $u¢h indi¢aknn oxlsts, the recvveroblg amount of the as8et is tirnated in ordar to d•tèrmxi• tho èxtent of lh• impAim)ènt loss Ilf gnyl. 11
JOHN JACKSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEKfs (COPMNUED) FOR THE YEAR ENDED 5APRIL 2023 AaUnlIn9 polkl•• (Contlnued) 1.10 Ca•h and ¢•8h oqulvah)nl• C8sh ond eash equiwaknts irK4LvJo in hBrvJ. doF•)ts l•K181 ¢411 bankn and 8hort4omi liquid 1.11 Fln•nclaS 1mtrufflrt• trust has eletsj to appty the wovoiorf of sadl 11 'Ba8ic FinarKaal IMtnunents'ard Sfj¢Uon 12'0thor Finono¥al Instrum•nts IS$. ofFRS 102 to 41 of it8 fin11 instrLm•nts. contl8cbJo1 provobn8 oftr in8trum•rt Flnonu818$8•ts and kabi1rt are offwL ith th• rnt amwts pr•wiled in th• finaroal statty. th•re h o g1ty •nforté#bf• rKiht to 8•t off th• rwnit •mount8 •NI Ir an Int•ntirffi lo ttt• on • net ortts r•okn• th• a8t and th• th'8tiitity Baste financi818880ts, whith Ir1• ty&l• receie5 and cash aTrJ bank balon. aro Inlti•lly maasured 01 tr¥n$6¢¥on pr iu1r Ifarnadw c4•ts otxl ¥r• subioquonty canied At amcl••d $t txlng th• effectNe inierett metht>J unW aThar#ent consts"tutos B finarring transaclton, whern the tronsa¢tion 18 m•awrnd at th• Fwe8ont value of fv hrtur• f•¢•W di8cwnled at a mBTk•t r•ta ol nl•ro$t Finanrial 4s6èts da$8lW 48 r1• wlthin ono yw n Trjt amortiJ. 8a8ic fin•nd•l IlabS1iti•8, lIng tr•J• and oth•r payoblg$ bank k)arrd oro InItilY r8cogni8•d •t tran¢bon pric unh88 the arrawTt tily a finonc4rKJ tr•n8othon, %theTe th• oobt knotrum•nt 18 rneasured 01 th• prgagnt valu• ol tho fiJbJre paym•nts ¢&scwnt•J •t • mark•t r of h)tsmL Fin•n¢lal Il•b1111•8 payabl• ¥thvb Crt ye•r orn nol K)rti. Tr1• Payabl art Ot41)n$ to pay for gc$ cff t•m¢ tho1 bw) ¥ourr•d in ordlnary o)urne of op•r8Jem from Swlin. ArTKJunts p•yth we dsId ¥ curr•nt I1118 rf p•ym•nt r8 du• wthln ono y•ar or 1088. If or• p¥ntsd 88 nonllcaJrr•nt litilitses. Trnd• payablu aro rBcf4nised knill•lty at transaction pnc• and SU¢nI measu) •t usirva th• Ofv¢ti int•r•st mothod. D•rnwhlon of Iln•nel•l Il•blllll•¥ FlnancAal liabilili68 ar• d•r•¢ogr wh•n th• ¢))rfrncknl l9&b(M •xplr• or dMch•rg•d or 1.12 For•lgn •x¢h•ng Tr8n8actions In rArrenae6 olw Ihan ¥r& roc4xj at ts ratss of ex¢h8ngo prwalthg at th8 datss 01 trartionS. At each dote. mwlary 888•ts liatllities that donominat•d in foroJn rreIe$ are retr8MLqt¢d 01 fv ratss Pr11ra cffj lh• rwiing •wJ dots. Gom •rKI k>tss Arydi ¢)n tran81alion ar• rocognis•J in the statementol financi athili•s. crftk•l coUn11n9 ••llfflth •ndJudgwn•nts In thè 8pplicakn ol the tnbsfs aunbrIa F¢498$. fv trust•os ar• wwred tr) make jwjgements, estlmate$ And assumpti atxrt thtr c¥rrwNJ amounl of oss•ts ar¥J fkqbilittas that are apparnnt from other sOUrs. Th& 8sb"mates and assc<aated assumptiw arn basod on htstorlcal exrmriw* ond otsr IAdor8 that 12-
JOHN JACKSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEKfs {CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Crftkal ac¢ountlng •Stimat•s and ludggm•nts {C¢ntlnuedl Tho ¢$timat&s and underfying assumptions ar8 raviemd on an ongoing basi& Revigion$ to accounting estirnates are rpcogni8ed in Iho pedod Sn whlth tho esttmate i¥ I?ed vtharè r8vision affe¢t8 a)ly Uwl period, or In the period of the rewsion and periods wher• the remsion affe(ts both wrrant and fubjre periods. Income from Invostmwts Unr•$tsl¢tsd Unrnstricted fund fvnd Rental incom¢ InLxJme from listsd Investr)ents Interest 383,567 90.510 937 382.768 81,786 475.014 464,$80 l investment income thin ¢haritaa ath"vileswas unr¢8tri¢tsd for both tho currènt 8ThJ cornparalivo yO8r. Ral•lng lund8 Unr•8trl¢ted Endowm•nt fundB fund$ general 2023 Totsl Unro$tricted EndrywTht funds fund$ gèneral 2022 Total 2023 2023 2022 Rental propety repaiTS 137.788 5.100 137,788 5,100 89,261 S,100 89.261 5.1C4) PrOFerty101 and pr¢)1gssional fees 8nd rent reviw ¢osts Proporty insuranc• and miscoilarLWJS costs 30.634 28,442 28.442 16,954 16,954 14.451 14.451 190,456 190.4&8 137.254 137.254 15,262 15.262 15.461 15.481 190,456 15,262 205.718 137,254 15,481 152,715 13-
JOHN JACKSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED FOR THE YEAR ENDED 5APRIL 2023 Grnnt• Jward•d 2023 2022 Grant8 to in8lttubonB.' Educatlon E88lboume Academy OCn98 Sthool Ratton S¢hool St John'$ Mwl$ CE Primary School 320 325 5,000 1,045 316 315 e.ego H•rft49• All Souls Church Eastboum& SocLgty FndS of Easlb¢uTM S•gfront Frhnd8 of M•8d$ Frl•nds of Mlnt Hcwo Povon 1,700 2.400 8,848 1,500 7.000 18,246 3,200 8¢xl•l wollArn A Bgnd ol Brothern Asthrno Rellef Boum• Out C 8oume This Way LGBT Brambèr 8akehou8• Chastnul Tro• Hou80, Ea8tb)urn• Chilsran wllh C•nc4r Fund IPdeggt•l Cultur• Shlft Eo8tboum•Allotrn•nt• E8$tboumeArea Communlty Firnl Re8pMd•rn E8Blboum& FoL%#ba E8Btboumè No0 E8Blboume OpanAw&rd$ Centre E&8lboume Rotsry- Hom¥ for lh• Homal EMiboum• Strt Po810rn E881 Su$8gx Raco%*ry Alli8rLui E8$1 Su$88x VISn Support Emmanu•l Church, Ea&tt>ThVJ Enthum Foundadon Family Supportw Frt8na$ ol pan9&Y Playgroundl Holding Space nkirKJ Llvas Moads CommunityA68O¢kibon Meads VillageAlolmenlS CIC Muma Nurture Peopb Mattor Roald Dahl's Marvellous Children St Michael3 andAIIAng¥1$. Wllingdon St Wlfrid's Church and Communty Hbll St Wlfthj's 8.850 1,900 2,250 700 8.000 1.100 1,100 1.000 1.250 4.(KJO 2.500 2,000 1,082 5,000 11,0821 2.SOO 2,000 2,000 2,000 8,000 1.200 3,000 2,000 300 3,000 4,385 17.C(JO S,)0 15.000 2.500 1.SOO 3,600 2.500 14-
JOHN JACKSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Grants aw4rded Icontlnuod) Tfyeboum& Vc4unt8gr CIC byfinder WomanTrusl Wldedifo Wellt•l Imlingdon Communlty Hub Llbrary Wok) Foundation You Raisè Mè Up 5.2C 4,000 1,000 3.OC#J 3.600 1,500 65.768 72.587 Olsablllty Deaf Blind EastboumeAcoss Gr Embra Saturday Epilepsy Su$s&x Gufvjo Dcgs fort Bld Hearing Dogs for th8 Deaf Recovery Partner5 RNID SuswAsso¢ollon for Stha Blllda & Hydroc4phalu$ 1.500 6.420 1,C4)0 1.000 1.000 1.500 1.800 500 2BO 1.000 1.200 6.200 11.000 Communlty arts Compass CommuntyArt8 Devonshire Collectivg TOwrArt Gajbry Undtrrwn¢d 4.OCxJ 11.000 14,000 12,OChJ 29.880 12.OlXJ Communlty Sports Act Sports Ltd Ea$tboum& Rr$Alhb¢l¢ Club Eastboumè Saffrons Sports Club Trust Ltd Eastbwme Swimrning Club Okl Town Hub CIC P8V8nsey Crid(et Club ROMPA- Mead$ Lawn Tonnr$ Club 4.825 3,000 40,000 500 10.000 700 lo.0 54.200 14,25 AnimAI w•lfar• Batto Do9 Rage Raystsd• 8,000 9,QJO 11.CQO 9,1)00 Total 185.609 129.282 15-
JOHN JACKSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEKrs (coKnNUED) FOR THE YEAR ENDED 5 APRIL 2023 Grants awarded Icontlnuodl Grnnts to inthwdu 187,4LY 129,282 Chltsbi• Charltsbl• a¢tlvltle• a¢llvltlo• 2023 2022 Grants r#)10 51 187.40 129.282 Sh•rg ol SUFWt C4Mts IM• nots n Shar• 0fg0v•m <XAl• rw) 71 49.773 11.398 12,676 258,736 19).453 Support ¢o•l• 8upi)ort Gty••mAn o•ts 2023 8upport O¢)v•m•ne• co•t• 2022 Po•t8g• •rKI Trkrythone Office legAI and profuskThl Sundry exynms Profiv Ikx81 on lorn¥n rren¢y tran 319 319 1.214 116 47.953 9.167 47.953 9.167 42,199 5.870 42,199 5,876 {11 Aud Lag81 wokni•)nal 4.140 4.140 3.300 58.652 12,675 71.327 49.773 11,398 81.171 58.652 12,875 71.327 49,773 11.398 61,171 Gowmanc4 costs in&lNJDs payirxrts to Il of £4.14012022.' £3.3CKII for awjit fe. In acctxdarKe wilh Ilte woofi¢ auwthity IMII of the John Alan JsOn. the trL may chavJ• their Lwjal professial for ¥XpW in lh• a(knirMslratw)n of tho s•rilabL• trl Nots 19 d16doses the wnounts tharged. -16-
JOHN JACKSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 5APRIL 2023 Efflploy•e• 2023 Numbor 2022 Numb•r AdMlnl•tr0 Employm•nt ¢o•l• 2022 5.1C#) 5,100 10 m•tg•1rnl(lo••l on Inv••lm•nts EDdoMTh•nt Endwmnt fund fvnd 2023 2022 Revaluation of pff•rt Revaluation of l¢&t¢d investmerts G•inlllwl on 19 ol l¥Jtffil inw•trYrts 65,C#XI 2,099.999 1187,8861 242.934 147,7881 72.S62 1170,4521 2,415.49S Net gain8 inw•trm•nt• Iats fiMKI fiy bth th• )d y••r. 11 Prop•rty, pl•n¢ •nd •qu5w•nt Flxiurn4 l •qulxn•fit Co At 8Aprfl 2tr22 At SWII 2023 D•prncl•llon and thnpalffli•nl At 6April 2022 At 5fvpril 2023 C•rrylng •mount At Sri12023 17-
JOHN JACKSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5APRIL 2023 12 Inv••tment property F#lrvalu• At 8W"12022 NotgnS or kMse5 thrw fairy ¥Iments 14.780,C¢)O 65,C4)0 At SWI 20ZJ 14,845,000 The veStMent propert {all freew val1 5Wil 2023 by Leaper Stanbroc Ltrj, EststeA9ents. of whth C of Intste8S is a on an rnarknt bas. No d8preoab&) r& provid•J in resF•Ct ol If inveskn¢nl pr08$ wèm slated an u>st basts r¥Ir than a fw vakn basi. ts amounts 2022 8.197.957 8.197.957 Caryyllw wnount 8.197.957 8,197.957 13 Flx•d •wt Inv•thnts Ll$tsd Co•tOT valu•llo At 6AwO 2022 3.686.987 fj64,221 1382.999) {64,6751 1467.$58) Valuthn dirys DisFthals At5fvpri12 3.43S.978 arrying amount At 05Wd 2023 3,43S,976 At OSWa 2tr22 3,PAe,987 l inveskngnt •ss•ts 8rg [d by the chartys stc(Ww. Quitter Cheviot mIj. in their sg(e custody arraTrJernen The mwkot valuB of rd assot Invest inlj hekl within th& invggment p10 of £47.11112022'. £111.7871. 18-
JOHN JACKSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEMfs (CONTINUED) FOR THE YEAR ENDED 5APRIL 2023 14 Flnanclal InotNrnonts 2022 Carrylny 4mount of finAnelal 188•ts Dèbt in8trumnts maasured at amortised c08t Equty In8truments rnea$ured al ¢08t l•sJ Imp8lrm8nt 2,1]07 3,435,976 8.925 3.686.987 rAftylno mount of flnan¢lal Ilabllltl M••8ur•d at 8ffi0rt18•d c08t 41,090 118,258 16 Tr•do and oth•r r•e•lvabl•• 2023 2022 Amounts falllnq wlthln ono y•ar: Trado r•¢elvobl Olhef rfrc•lvabl8s Prepayment8 acuu•d incorn• 19 1,988 1.408 914 8.011 1,287 3.413 8,212 TrAde re¢olv4bkn$ r•pr884nt •mounts from t•n•nts. Ail trod• and othor r•c•lva r•late to unm¢rf¢ted fvndi In tolh the lTht 8nd ¢4pIral y•ar. 16 Curv•nt114blllUo• 2023 2022 Pgyments r•e4lved on account Grants payat4a Awuo16 and doferr•d Incom• 28,184 25.129 68,474 22,655 14,9)8 41.090 118,258 Payments recdved on coUnt rr•sant Tontsl Incon• In 8dvanco. Olh•r uedltors includo £3,70912022.. £4,LbJSI relotsd to the end¢)wment lund, all r•m8ln¥ ¢urrnnt Ilabllitkn8 relate to the unr•8trthd fvnd. 19-
JOHN JACKSON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR ThIE YEAR ENDED 5 APRIL 2023 17 EndoTh•ntfvnd 8Aprfl 2 h6 •Trd SA1 202Z oalro and 2023 Pom•n8nt •ndoiMrt JohnALqn J%4(son Wl Trt 16,062.947 115,4611 2.41S.495 18.4162.981 115.2621 {170,452} 18,277.267 16.(61917 11S.4611 2.415.495 18.462,981 (15.262) 1170.452) 18.277.267 J in atrxrdonc with the ot¥ects of trust endowment fijnd cCryr 8$90ts to ty a r>dw4ry btyuest from the eststs ol lats &)hn Alan JacsM c• 24 2010. Thè èftd¢yrnt fijnd rnust ke hold pem)anenty by Is induded 8$ unr•stn"d&l in. Any (zpilal gains or Ioss8s artsing cffi the assèts form part of Ihe 18 Analys dn01 •88•ts betwn lund Total fun fund 2022 fund 2022 Fund b•l8nc•s gt 5 April 2023 #ro represén by.. In¥esmgnt prcwbes Invostrments Currnnt as8etsl{lithlibssl 14.845.CW 14.845.IXKI 1435.978 3.435.976 13.7(Sl 146.879 14,7.000 14.780,coo 3.686.987 3.888,987 (4,CXJ8) 120,780 19J.$88 124,768 150.588 1B.277267 18.427.855 124.766 18.462,981 18,587.747 19 R•l8t•d party tran¢10n The fees for the ytrar £19.670 12tr22.. £16.7071 èXFenses £204 12022.. £1081. Amounts to CrisF4n Freeman. Chartèr•d ACtmrt at 5 W 2023 £Nil 12022.. £2.2841. artd are induded in Noto 16 liatilfo85. year vrtrg t53,22312022: £51219). Arrwts to Margaret soaLOrs. at S ¥ri12023 wor8 £Nil {2022'. £Nil l. The fees tor £3l {2U22.. £XQ). mnts pay* to Lew si¥nbrock Ltyj at S h4MI 223 £30012022.. £3001. •r• indLhl8d in Noie 16 Thent b]lls.