| CONTENTS | PAGE | |||
| Members ofthe | Board and professional | advisers | ||
| Trustees' Annual |
Report | 4-6 | ||
| Independent examiner's |
report to the trustees | |||
| Statement offina |
ncia I activities |
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| Balance sheet | ||||
| Notes to the unaudited | financial statements | 10-12 |
| Registered | charity's | name | The Mucking | Charitable | Charitable | Trust | Trust |
|---|---|---|---|---|---|---|---|
| Charity number | 1144986 | ||||||
| Principal office | Brachers LLP |
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| Somerfield House |
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| 59 London Road | |||||||
| Maidstone | |||||||
| Kent | |||||||
| ME16 SJH | |||||||
| Trustees | Brian Martin | ||||||
| John Purl&iss |
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| Malcolm Ward | |||||||
| Fraser Massey | |||||||
| Brachers Trust Corporation | Limited | ||||||
| Independent | examiner | James Francis | FCA | ||||
| Ensors Accountants | LLP | ||||||
| Victory House | |||||||
| Vision Pari& |
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| Chivers Way, | Histon | ||||||
| Cambridge | |||||||
| CB24 9ZR | |||||||
| Investment | advisors | Cazenove Capital Management |
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| Schroder g& Co Limited |
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| 1London Wall | Place | ||||||
| London | |||||||
| EC2Y SAU | |||||||
| Solicitors | Brachers LLP |
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| Somefield House |
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| 59 London Road | |||||||
| Maidstone | |||||||
| Kent | |||||||
| ME16 BJH |
| YEAR ENDED 31DECEMBER 2022 | |||
|---|---|---|---|
| Total Funds | Total Funds | ||
| 2022 | 2021 | ||
| Note | E | f | |
| INCOIVIE | |||
| investment income |
~127300 | 122 576 | |
| TOTAL INCOME | ~127300 | 122576 | |
| EXPENDITURE | |||
| Charitable activities |
(262,403) | (132,067) | |
| Other costs | ~30523 | ~16672 | |
| TOTAL EXPENDITURE | 292 926 | 148739 | |
| NET (EXPENDITURE) | INCOME BEFORE GAINS AND | ||
| LOSSESOF INVESTMENTS | (165,626) | (26,163) | |
| Net gains (losses) on | investments | 336048 | ~193004 |
| NET MOVEMENT IN |
FUNDS | ~501674 | ~166841 |
| Total funds brought | forward | 3,446,741 | 3,279,900 |
| TOTAL FUNDS CARRIED FORWARD | 2,945,067 | 3,446,741 |
| Note | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| E | ||||||
| FIXEDASSETS | ||||||
| Investments | 2,947,544 | 3,444,081 | ||||
| CURRENT ASSETS | ||||||
| Cash at bank | 4,315 | 10,191 | ||||
| CREDITORS: Amounts | falling due | |||||
| within one year | (6,792) | 7531 | ||||
| NET CURRENT (LIABILITIES)ASSETS | (2,477) | 2,660 | ||||
| TOTAL ASSETS LESSCURRENT LIABILITIES | ~2945 067 | ~3446 741 | ||||
| NET ASSETS | 2,945,067 | 3,446,741 | ||||
| FUNDS | ||||||
| Endowment funds |
~2945 067 | 3~446 741 | ||||
| TOTALFUNDS | 2,945,067 | 3,446,741 |
| INVESTMENT | INCOME | INCOME | Tata I Funds | Tata I Funds | Total | Funds | |
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| E | f | ||||||
| Income from | UK listed | investments | 126,247 | 122,576 | |||
| Bank interest | receivable | 1,053 | |||||
| 127,300 | 122,576 | ||||||
| COSTSOF CHARITABLE ACTIVITIES BYACTIVITY TYPE | |||||||
| Activities | Total | Funds | Total | Funds | |||
| undertaken | 2022 | 2021 | |||||
| directly | |||||||
| E | E | E | |||||
| Activities undertal&en |
directly | 262,403 | 262,403 | 132,067 |
| OTHER COST | S | Total Funds | Total Funds |
| 2022 | 2021 | ||
| E | E | ||
| Legal fees | 29,156 | 15,395 | |
| Accountancy | fees | 985 | 895 |
| Insurance | 382 | 382 | |
| 30,523 | 16,672 |
| Movement in market value |
2022 | 2021 |
|---|---|---|
| f | E | |
| Market value at 1January 2022 | 3,444,081 | 3,270,291 |
| Acquisitions/Disposal at cost |
(160,489) | (19,214) |
| Net losses on revaluations in the year ended 31December |
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| 2022 | (336,048) | 193,004 |
| Market value at31December 2022 | 2,947,544 | 3,444,081 |
| Historical cost at31December 2022 | 2,487,163 | 2,487,163 |
| TotalFunds | Total Funds | |||||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| E | E | |||||||
| Listed investments | ||||||||
| UK Quoted shares | 2,887,177 | 3,223,225 | ||||||
| Other investments | ||||||||
| UK cash held | as part of portfolio | 60,368 | 220,856 | |||||
| 2,947,545 | 3,444,081 | |||||||
| 7 | CREDITORS: Amounts | falling due within one year | ||||||
| 2022 | 2021 | |||||||
| E | f | |||||||
| Accruals | 6,792 | 7,531 | ||||||
| Balance at | Incoming | Outgoing | Balance at | |||||
| 8 | ENDOWMENT | FUNDS | 1January | resources | Resources | 31December | ||
| 2022 | 2022 | |||||||
| E | E | |||||||
| Permanent endowments |
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| Enovert Management | Limited | 3,446,741 | 127,300 | (628,974) | 2,945,067 |