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||||||Page|
|---|---|---|---|---|---|
|Reference and administrative||details ofthe company,|its trustees|and advisers||
|Trustees'
report|||||2-5|
|Independent
auditor's|report|on the financial statements|||6-9|
|Statement offinancial|activities||||10|
|Balance sheet|||||11 - 12|
|Notes to the financial|statements||||13-22|
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|Trustees|||A L Banes|||||
|---|---|---|---|---|---|---|---|
||||L S Block|||||
||||J BFrancken|||||
||||DJJepps|||||
||||Rabbi R Mariner|||||
||||S D Levitt|||||
||||S Morris MBE|||||
||||JSSegal|||||
||||N A Spencer|||||
||||A EVirchist|||||
|Company|registered|||||||
|numbet'|||07516569|||||
|Charity registered||||||||
|number|||1141727|||||
|Registered||office|32 Haverhill|Road||||
||||Stapleford|||||
||||Cambridge|||||
||||CB22 5BX|||||
|Company|secretary||D Jepps|||||
|Independent||auditor|Blick Rothenberg|||Audit|LLP|
||||Chartered
Accountants|||||
||||16Great Queen Street|||||
||||Covent Garden|||||
||||London|||||
||||WC28 5AH|||||
|Bankers|||National
Westminister||||Bank|
||||North Finchley||Branch|||
|Solicitors|||Howard
Kennedy|||||
||||No. 1 London||Bridge|||
||||London|||||
||||SE1 9BG|||||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2023|2023|2023|2022|
|||Note|E|F|E|E|
|Income from:|||||||
|Donations
and legacies||3|135,172||135,172|67,645|
|Other trading
activities||4|38,110||38,110|46,468|
|Investments||5|28,610||28,610|17,130|
|Total income|||201,892||201,892|131,243|
|Expenditure
on:|||||||
|Raising funds|||1,980||1,980|1,980|
|Charitable
activities|||165,860||165,860|157,532|
|Other expenditure|||3,627||3,627|7,450|
|Total expenditure|||171,467||171,467|166,962|
|Net income/(expenditure)|before net||||||
|losses on investments|||30,425||30,425|(35,719)|
|Net losses on investments|||(36,878)||(36,878)|(8,308)|
|Net movement
in funds|||(6,453)||(6,453)|(44,027)|
|Reconciliation
offunds:|||||||
|Total funds
brought
forward|||447,299|500,000|947,299|991,326|
|Net movement
in funds|||(6,453)||(6,453)|(44,027)|
|Total funds carried forward|||440,846|500,000|940,846|947,299|
##
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||||||2023||2022|
|---|---|---|---|---|---|---|---|
||||Note||E||E|
|Fixed assets||||||||
|Investments|||10||896,656||773,558|
||||||896,656||773,558|
|Current assets||||||||
|Debtors||||17,255||20,527||
|Cash at bank and in hand||||72,609||165,431||
|||||89,864||185,958||
|Creditors: amounts|falling|due within one||||||
|year|||12|(45,674)||(12,217)||
|Net current assets|||||44,190||173,741|
|Total assets less current||liabilities|||940,846||947,299|
|Total net assets|||||940,846||947,299|
|Charity funds||||||||
|Restricted
funds|||13||500,000||500,000|
|Unrestricted
funds|||13||440,846||447,299|
|Total funds|||||940,846||947,299|
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||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2023|2023|
||E|E|
|Donations|135,172|135,172|
||Unrestricted|Total|
||funds|funds|
||2022|2022|
||E|E|
|Donations|67,645|67,645|
##
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|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2023|2023|
|||E|E|
|Events|income|38,110|38,110|
|||Unrestricted|Total|
|||funds|funds|
|||2022|2022|
||||E|
|Events|income|46,468|46,468|
|5.|Investment|income|||
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
||||2023|2023|
|||||E|
||Investment|income|28,610|28,610|
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|Unrestricted|Total|
|---|---|
|funds|funds|
|2022|2022|
|E||
|17,130|17,130|
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|Unrestricted|Total|
|---|---|
|funds|funds|
|2023|2023|
|E|E|
|1,980|1,980|
|Unrestricted|Total|
|funds|funds|
|2022|2022|
|E|E|
|1,980|1,980|
##
||||||Unrestricted||
|---|---|---|---|---|---|---|
||||||funds|Total|
||||||2023|2023|
||||||E||
|Karen's|Home|from|Home,|Birmingham|23,743|23,743|
|Karen's|Home|from|Home,|Hammersmith|68,798|68,798|
|Karen's|Home|from|Home,|Oxford|29,480|29,480|
|Karen's|Home|from|Home,|Cambridge|43,839|43,839|
||||||165,860|165,860|
||||||Unrestricted||
||||||funds|Total|
||||||2022|2022|
||||||f.|E|
|Karen's|Home|from|Home,|Birmingham|23,392|23,392|
|Karen's|Home|from|Home,|Hammersmith|63,322|63,322|
|Karen's|Home|from|Home,|Oxford|29,480|29,480|
|Karen's|Home|from|Home,|Cambridge|41,338|41,338|
||||||157,532|157,532|
##
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||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2023|2023|
|||||f,|
|Postage and publicity|||675|675|
|JustGiving|fees||216|216|
|Investment|management|costs|2,736|2,736|
||||3,627|3,627|
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2022|2022|
||||E||
|Postage and publicity|||4,075|4,075|
|JustGiving|fees||216|216|
|Newsletter|costs||96|96|
|Investment|management|costs|3,063|3,063|
||||7,450|7,450|
##
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||Listed|
|---|---|
||securities|
||E|
|Cost or valuation||
|At 1 June 2022|773,558|
|Additions|469,275|
|Disposals|(309,299)|
|Revaluations|(36,878)|
|At 31 May 2023|896,656|
|Net book value||
|At 31 May 2023|896,656|
|At 31 May 2022|773,558|
##
|Material
listed investmen|ts|||
|---|---|---|---|
|||2023|2022|
|Travis Perkins 4.5%||19,798|19,918|
|Roche Finance Euro 5.375%||45,007|46,615|
|Fundrock
Partners
Credo|Dynamic|299,207|270,256|
|Xtrackers MSCI||62„288|54,930|
|BP Capital Markets 4.24%||44,896|47,840|
|General Accident 8.875%||35,925|39,750|
|TP leap 5.25%||27,994|20,194|
|Severn Trent 1.3%|||58,941|
|Investec 9.625%||36,716||
|Tesco 3.322%||20,423|21,908|
|Urban
Logistics Reit|||17,400|
|Canary Wharf 3.375%||13,502|18,428|
|Hipgnosis
Songs|||32,281|
|Supermatket
Income REIT|||44,783|
|TwentyFour
Inc|||13,788|
|Pinewood
Ginance 3.25%||32,751|33,202|
|Vodafone 4.875%||46,445|29,767|
|Gresham
House Energy Storage|||3,557|
|Admiral
Group 5.5%||24,635||
|Cooperative
Group 5.125%||24,895||
|IG Group holdings 3.125%||30,502||
|Marks &Spencer 3.75%||22,869||
|United
Kingdom
Treasury|Bill due 26/06/2023|49,875||
|United
Kingdom
Treasury|Bill due 16/10/2023|58,928||
|||896,656|773,558|
##
|||2023|2022|
|---|---|---|---|
||||E|
|Due within one year||||
|Other debtors||3,600|3,429|
|Prepayments|and accrued income|13,655|17,098|
|||17,255|20,527|
##
||2023|2022|
|---|---|---|
|||F|
|Trade creditors|11,466||
|Accruals|34,208|12,217|
||45,674|12,217|
##
||||Balance at|||Gains/|Balance at|
|---|---|---|---|---|---|---|---|
||||1 June 2022|Income|Expenditure|(Losses)|31 May 2023|
||||E|E|||E|
|Unrestricted||funds||||||
|General
Funds - all funds|||447,299|201,892|(171,467)|(36,878)|440,846|
|Restricted|funds|||||||
|Restricted|Funds - all funds||500,000||||500,000|
|Total offunds|||947,299|201,892|(171,467)|(36,878)|940,846|
|Statement|of|funds - prior year||||||
||||Balance at|||Gains/|Balance at|
||||1 June 2021|Income|Expenditure|(Losses)|31 May 2022|
||||F|E||F|E|
|Unrestricted
funds||||||||
|General
Funds||- all funds|491,326|131,243|(166,962)|(8,308)|447,299|
|Restricted|funds|||||||
|Restricted|Funds - all funds||500,000||||500,000|
|Total offunds|||991,326|131,243|(166,962)|(8,308)|947,299|
##
##
|Analysis of net assets between
funds - cur|rent year|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2023|2023|2023|
||E|E||
|Fixed asset investments|396,656|500,000|896,656|
|Current assets|89,864||89,864|
|Creditors due within one year|(45,674)||(45,674)|
|Total|440,846|500,000|940,846|
||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2022|
||F|E|F|
|Fixed asset investments|273,558|500,000|773,558|
|Current assets|185,958||185,958|
|Creditors due within one year|(12,217)||(12,217)|
|Ttl|447,299|500,000|947,299|
##
|cancellable|o|perating
leases as follows:|||
|---|---|---|---|---|
||||2023|2022|
|||||E|
|Not later than||1 year|102,310|92,540|
|Later than|1 year and not later than 5 years||2,011|26,110|
||||104,321|118,650|