## |Names and addresses ofadvisers (Optional|Names and addresses ofadvisers (Optional||information)|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |T
eofadviser
Name|||Address|||||||||| |Legal
Rooks Rider
Solicitors LLP|||St Magnus
EC3R SHD|House, 3|Lower|Thames|Street,||London|||| |Investment
LGT Vestra LLP|||14Cornhill,|London,|EC3V|3NR||||||| |Name ofchief executive or names of senior||staff members||(Optional
information)||||||||| |~
a|||~ ~|||~ e||||||| |Description
ofthe charity's trusts||||||||||||| |f
jn
do
1|Trust deed|d|ated 5 0c tober201 1|||||||||| |How the charity is constituted|Trust|||||||||||| |Additional
governance
issues (Optional
information)||||||||||||| |You may choose to include
additional
information,
where
relevant,
about:|The Trust
is a registered
charity,
number
1144221, and
is constituted
under a trust deed dated 5e October 2011. The Trust was established
by
Elinor Wray Meynell
seeking to create a lasting legacy on behalf of herself
and her late husband
for various charitable
organisations.|||||||||||| |~
policies and procedures
adopted for the induction
and
training oftrustees;|The Trust does not actively
work desired
by the donor|||fundraise
through|and seeks to continue
the careful stewardship||||the charitable
of its existing|||| ||resources.|||||||||||| |~
the charity's
organisational||||||||||||| |structure
and any wider|New
trustees
are
appointed
by existing|||||trustees|and|the||Trust|Deed|| |network
with which the charity|provides for||a minimum
of|three trustees.||||||||| |works;||||||||||||| |~
relationship
with any related||||||||||||| |parties;||||||||||||| |~
trustees'
consideration
of||||||||||||| |major risks and the system||||||||||||| |and procedures
to manage||||||||||||| |them.||||||||||||| ||||The objeda of the Trust are the promotion
of education
of the public
in
understanding
and
appreciation
of the
arts
by the
provision
of such| |---|---|---|---| ||||grants
and
donations
for
such
charitable
associations,
bodies
and| ||||organisations
as the Trustees
in their absolute discretion
shall think fit.| ||||The Trustees
confirm that they have referred
to the guidance
contained| ||||in the
Charity
Commission's
general
guidance
on public
benefit
when| ||||reviewing
the Trust's
aims and objectives when setting the grant making| ||||policy forthe year.| |Summary ofthe main
activities undertaken|for|the|The Trust carries
out these objects by making
grants
to the following
charitable
organisations:-| |public benefit in relation to
these objects (include within
this section the statutory
declaration
that trustees
have|||1) The UK Trust for Trinity College Dublin (registered
charity number
280693)for the benefit ofTrinity College, Dublin's
library;
2) The Chancellor,
Masters and Scholars ofthe University
of Oxford, (an| |had regard to the guidance
issued
by the Charity
Commission
on public
benefit)|||exempt charity) for the benefit ofthe Bodleian Library;
3) The Friends ofCanterbury
Cathedral
(Registered
Charity Number
256575)for the restoration
ofthe Cathedral
and other Buildings
in the
Cathedral
Close which are in their care and for the benefit ofthe
Cathedral
Library.| ||||4) The Friends ofthe British Library (registered
charity number 328095)| ||||5) Deal Music and Arts| ||||6) The Astor Community
Theatre| ||||In recent years the Trustees
have reduced
their focus on Trinity College| ||||Dublin and the British Library but will consider future donations
to them
if| ||||suitable
projects can be identified.| |Additional
details of|objectives||and activities (Optional
information)| ||||The Trust has made the initial grants
in line with the stated wishes ofthe| ||||settlor ofthe Trust and
in order to achieve its objects for the public benefit| ||||to advance
the education
of the
public
in the
understanding
and the| ||||appreciation
of the arts.
The Trustees
will continue to review the grants| ||||that are made to ensure that they satisfy the public benefit requirements.| ||||In addition
to the specific charitable
organisations
set out above,
the| |You inay choose to include
further statements,
where
relevant, about|||Trustees are actively considering
grants to be made to suitable
charitable
organisations
with similar objects in the St Margaret's
Bay area of Dover,
Kent (where
the Settlor Elinor Wray
Meynell
spent the majority
of her
years) and its immediately
surrounding
area.| |~
policy on grantmaking;
~
policy programme
related
investment;|||In this respect the Trustees
have
been pleased
to support
Deal Music
and
Arts
and
the
Astor
Community
Theatre
but
will
be
pleased
to
consider
other
local
charitable
organisations
in
the
arts
sector.
In| |~
contribution
made
volunteers.|by||particular
the
Trustees
would
be
interested
in
something
with
an
acting/drama
focus
in the St. Margaret's
Bay area to complement
the| ||||Deal Music Projects.| ## |||||It is the|intention|intention|intention||of the trustees|of the trustees|of the trustees|to achieve a consistent|to achieve a consistent|to achieve a consistent||grant|making|making| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Briefstatement
ofthe||||policy therefore|||a small portion of income||||||will be retained||annually||with a|| |charity's
policy on reserves||||view to creating
a
income yields from|||||reserve
to supplement
the grant
the investment
portfolio may have|||||making
policy when
decreased.||||| |||||The total weighted|||||return|of|the|porffolio|was 3.41% after|||fees|to|date| |||||(24/1 0/23).||||||||||||||| |||||The capital||value|||increased||to P3,035,584.03 over|||the period
and||||that| |||||was inclusive||of all|||the donations|||that we had agreed||to distribute.||||| |||||The porffolio||is|well balanced||||to|continue|to generate|capital growth||||and| |||||a regular|income|||over the||medium||term.||||||| |Details ofany funds|||materially|||||||||||||||| |in|deficit|||||||||||||||||| |Further financial
review details||||(Optional|information)|||||||||||||| |You may choose to||include||The charity's||only||source offunds||||is donations
from Elinor|||Wray Meynell.|||| |additional
information,|||where|||||||||||||||| |relevant about:||||||||||||||||||| |~|the charity's
principal|||||||||||||||||| ||sources offunds (including|||||||||||||||||| ||any fundraising);|||||||||||||||||| |~|how expenditure|has||||||||||||||||| ||supported
the key||objectives|||||||||||||||| ||ofthe charity;|||||||||||||||||| |~|investment
policy|and||||||||||||||||| ||objectives
including||any|||||||||||||||| ||ethical investment||policy|||||||||||||||| ||adopted.|||||||||||||||||| |||||-||||||||||||||| |||||~|~ ~||~|||~||~||||||| |||||||||~
~|||~
~ ~||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|||Restricted||Endowment|| ||Categories||Details|||||funds|||funds||funds| ||||||||to|nsamst 6||to nearest 6||to|nearest 6| |B1Cash|funds||LGT Investment|Porffolio|—Capital a/c|||32,096|||||| ||||LGT Investment|Porffolio|- Income a/c|||9,030|||||| |||||Total cash funds||||41,128|||||| ||||(agree balances with rscsipis|||and payments|||||||| |||||||accovci(s))|||||||| ||||||||Unrestricted|||Restricted||Endowment|| |||||||||funds|||funds||funds| ||||Details||||to|nsafsst 6||to nearest 6||to|nsamst 6| |B2Other monetary assets|||||||||||||| ||||Details||||Fund to which
egest bolo|||Cost (optional)||Currant value
0
fia|| |B3Investment assets|||LGT Investment|Porffolio|||Unrsstrictsd||||2,263,760||| ||||Details||||Fund to which
asset bslon|||Cost (optional)||Current value
onsl|| |84Assets retained for||the|||||||||||| |charity's|own use||||||||||||| ||||||||Fund to which|||Amount dus||When dua|| ||||Details||||ffsbi|relates|||onal|o
nal|| |B5Liabilities|||||||||||||| |Signed by one ortwo trustees
behalf ofall the trustees||on||Signature||||Print||Name||Date of
a
roval|| |||||||||KAREN||METHOLD|||| |||||||||JOHN||BERGER|||| ||||||||||||||r2023| |CCXXR2|accounts (SSj||||||||Meynell||Receipts and|Payments 2023|| # ## ## ## ## |||Page| |---|---|---| |Trustees'
report||| |Independent
examinef|s report|| |Statement offinancial|activities|| |Balance sheet||| |Notes to the financial|statements|6-10| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Unrestricted|Total|Total| |---|---|---|---|---|---|---|---| |||||funds|funds|2023|2022| |||||Trust Income|Trust Capital||| ||||Notes|6|6||| |Income from:|||||||| |Investment
income||||50,791||50,791|41,674| |UK tax credits||||(269)||(269)|(472)| |Overseas tax credits||||(2,406)||(2,406)|(2,217)| |Total income||||48,116||48,116|38,985| |enditure on:|||||||| |Donations||||30,000||30,000|30,000| |Direct charitable|expenditure||||40,000|40,000|| |Governance
costs|||||53,552|53,552|58,328| |Total resources|expended|||30,000|93,552|123,552|88,328| |Net gains/(losses)||on investments|||(321,027)|(321,027)|223,467| |Net movement
in||funds||18,116|(414,579)|(396,463)|174,124| |Fund balances at 6April 2022||||94,991|3,317,194|3,412,185|3,238,061| |Fund balances|at|5April 2023||113,107|2,902,615|3,015,722|3,412,185| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2023|2022| |---|---|---|---|---|---| ||UK equity|dividends||18,484|20,289| ||UK fixed interest|||312|114| ||UK unit trust|||13,375|7,798| ||Overseas|equity|dividend|8,168|7,195| ||Overseas|fixed|interest||| ||Overseas|unit trust||10,452|6,278| |||||50,791|41,674| |4|Donations||||| |||||2023|2922| |||||6|6| ||Donations|to institutions:|||| ||SeeTrustees' Report|||30,000|30,000| ## ## ## ## |Governance|costs||| |---|---|---|---| |||2023|2022| |Professional|fees|14,471|15,931| |Accountancy|fees|1,080|1,080| |Bank charges|||5| |Investment|manager fees|38,001|41,312| |||53,552|58,328| ## ||||Unrestricted|Unrestricted| |---|---|---|---|---| ||||funds|funds| ||||2023|2022| ||||5|8| |Revaluation|of|investments|(602,207)|124,049| |Gain/goss)|on|sale ofinvestments|281,180|99,418| ||||(321,027)|223,467| ## ## |||Unlisted| |---|---|---| |||Investments| |||8| |Cost orvaluation||| |At 6April|2022|3,222,724| |Additions||'I,326,355| |Valuation|changes|(602,207)| |Disposals||(935,309)| |At 5April|2023|3,011,564| |Carrying|amount|| |At 05April|2023|3,011,564| |At 05Apdl|2022|3,222,724| ## ## ## |Other creditors falling due within one year||| |---|---|---| ||2023|2022| ||9|5| |Other creditors|33,760|23,760| |Accruals and deferred income|3,210|1,080| ||36,970|24,840| ||||Unrestricted|Restricted|Total| |---|---|---|---|---|---| ||||fundsf|funds|| |Fund|balances at 5Apdl 2023are represented|by:|||| |Trust|Capital Fund||2,902,615||2,902,615| |Trust|Income Fund||113,107||113,107| ||||3,015,722||3,015,722| ##