2023-12-31-accounts

Page
1-5	Trustees'AnnualReport
6	IndependentExaminer'sReport
7	StatementofFinancialActivities
8	BalanceSheet
9-16	NotestotheFinancialStatements

Birmingham	Edinburgh	Kendal	Newcastle
Bristol	Exeter	Liverpool	Winchester
Cambridge	Glasgow	London
Chichester	Jersey	Lymington

RegisteredNo:	1150432
Principaloffice:	8FinsburyCircus,London,EC2M7AZ
Trusteeswhoserved	RichardPatrickLanyon(Chairman)
duringthereporting	GeoffreyMarkPowell-retired21/02/2023
periodandinpost	StuartFurzer
onthedatethereport	RobertPaulStockton
wasapproved:	RathbonesTrustCompanyLimited
	HelenCarolynneRobertsonWilson-appointed21/02/2023

Theindividualswhoare approved:	directorsofRathboneTrustCompanyLimitedatthedatethereportwas
	LindaJoyceCousins AlexanderRichmond
	TrevorHarris KerryRoberts(neeClayton)
	JamesStephenHurrell TimothyFrancisSmith-resigned31/12/2023
	BruceRobertNewbigging RobertPaulStockton
Accountancy&Tax	RathbonesTrustCompanyLtd,PortofLiverpoolBuilding,PierHead,Liverpool,
	L31NW
IndependentExaminer:	StephenHaleFCAFCCAofPerrysAuditLtd,ChurchdownChambers,
	Bordyke,Tonbridge,Kent,TN91NR
InvestmentManager:	RathbonesInvestmentManagementLtd,8FinsburyCircus,London,EC2M7AZ
Bankers:	RathbonesInvestmentManagementLtd,8FinsburyCircus,London,EC2M7AZ

		Unrestricted	Unrestricted
		Funds	Funds
		2023	2022
	Notes	£
Income
Donations&Legacies	4	342,106	314,195
Investments	5	24,492	21,083
OtherIncome	6	10,841	3,498
Total		377,439	338,776
Expenditure
Charitableactivities	7	299,744	280,770
Total		299,744	280,770
NetGains/(Losses)oninvestments	10	63,867	-127,932
NetmovementinFunds		141,562	-69,926
Reconciliationoffunds
TotalFundsbroughtforwardasat1January2023		1,361,308	1,431,235
Netmovementinfunds		141,562	-69,926
TotalFundscarriedforwardat31December2023		1,502,870	1,361,308

8	GovernanceCosts	2023	2022
		£
	Accountancyandcompliancefee	3,028	2,940
	Underprovision-prioryearaccrual	0	30
	Overprovision-prioryear	(1335)	0
	IndependentExaminer'sfee	1,620	1,800
		4,013	4,770

10	Investments	Valueat	Purchases	Sales	Realised	Unrealised	Valueat
		01/01/23	atcost	proceeds	Gains/(Losses)	Gains/(Losses)	31/12/23
		£	£	£	£	£	£
	Quoted
	Bonds	108,162	227,765	78,437	530	9,105	267,125
	Overseas	339,254	117,176	125,181	1,482	43,698	376,429
	UKEquities	461,057	484,755	142,076	(9,043)	17,184	811,877
	Commodities	35,225	0	36,136	911		0
		943,698	829,696	381,830	(6,12Q)	69,987	1,455,431
11	Currentassets				2023		2022
	Debtors				£		£
	Investmentincome	receivable			742		682
					742		682
12	CashatBank				2023		2022
					E
	Rathbones				82,039		442,168
					82,039		442,168
13	Currentliabilities				2023		2022
	Creditors				E
	AccrualsforGrants				27,754		20,500
	RathboneTrustCompanyLimited				5,968		2,940
	PerrysCharteredAccountants				1,620		1,800
					35,342		25,240

4	Donations	2023	2022
	Receivedwithoutrestrictionsimposed:•	£
	RathbonesGroup	300,000	300,000
	Metallurgical	0	4,758
	Sundrydonationsof£2,000andless	12,718	2,925
	RathbonesRIM	29,258	0
	Investmentsdonatedatvalue	130	6,512
		342,106	314,195
5	Incomefromlistedinvestments	2023	2022
		£
	GiltInterest	1,823	1,145
	UnitTrustinterest	1,591	477
	UnitTrustincome	1,734	925
	UKEquities	12,426	12,128
	Overseasincome	3,549	4,913
	Overseasinterest	3,689	2,254
	Non-reclaimabletaxdeductedatsource	(455)	(805)
	Accruedincome	(21)	0
	ExcessReportableIncome	156	46
		24,492	21,083
6	Otherincome	2023	2022
		E	£
	Bankinterest-Gross	10,841	3,498
		10,841	3,498

7	CharitableActivities	Grantmaking	Grantmaking
	Grantmaking;	Total2023	Total2022
	Birmingham
	Envision	5,000	10,000
	Maggies	5,000	0
	Bristol
	FareShare	10,000	20,000
	Cambridge
	EastAnglianChildren'sHospice	5,000	10,000
	RomseyMill	5,000	10,000
	Chichester
	ChestnutTreeHouse	0	3,274
	ElizabethFoundation	3,300	3,000
	HomeStart	3,300	3,726
	SussexCricket	3,400	0
	StGeorge'sHospital	0	1,000
	Edinburgh
	SimpsonBabies	5,000	7,500
	MuirfieldRiding	5,000	0
	TheBigProject	2,500	7,500
	YoungCarers	2,500	0
	Exeter
	Crisis	5,000	0
	Cumbria
	BetterTomorrows	8,500	8,500
	BrathayTrust	1,500	1,500
	StavelyVillageAssociation	0	2,000
	Glasgow
	CrossCapitalDevelopment	0	5,000
	AchieveMore	0	•10,000
	GovanHelp	12,500	0
	Seamab	12,500	10,000
	Jersey
	CommunityFoundation	2,000	500
	BrighterFutures	3,000	3,500
	AgeConcern	0	3,000
	ShelterTrust	0	3,000
	Centrepoint	5,000	0
	Liverpool
	SeftonBabyBaskets	4,000	3,000
	InclusiveHub	11,808	0
	TheDrive	7,500	0
	TeamOasis	0	3,600
	HIVE100	0	8,519

Liverpool
HIVE	9,200	5,967
GreasbyCommunity	0	406
CentralYouth	0	8,508
London
ActDisasterResponse	0	1,000
DadsHouse	3,780	250
Memories	0	500
FreetobeKids	10,000	3,000
Lifelites	9,579
OneDegree	6,000	10,000
Carney'sCommunity	0	10,000
SpringCommunityHub	0	10,000
SheriffsandRecorders	0	250
Lymington
Jack'sPlace	0	5,000
Honeypot	5,000	5,000
Sailability	5,000	0
Newcastle
LoveAmelia	0	5,000
NothernStage	4,360	10,000
WallsendAction	3,750	0
StOswaldsHospice	2,000	5,000
Winchester
AndoverBaptist	1,000	0
AndoverChild	1,000	0
LordsfieldSwimming	3,000	3,000
YoungCarers	3,000	0
BramstonBursary	1,000	1,000
KeyChanges	1,000	0
MoveMomentum	0	3,000
NationalPartnersandAdHocGroupDonations
SocialShifters	44,000	30,000
Elizabeth'sSmile	5,000	0
ChalkeValley	3,000	3,000
ChildreninNeed	5,000	0
YoungEnterprise	40,000	18,000
SalvationArmy	1,154	0
HampshireHospitals	600	0
Totalgrantsmade	295,731	276,000
Governancecosts(note7)	4,013	4,770
	299,744	280,770

15	FinancialInstruments	2023	2022
		£
	Carryingamountoffinancialassets
	Debtinstrumentsreceivablewithinoneyear
	-Debtor	742	682
	-Cash	82,039	442,168
		82,781	442,850
	Carryingamountoffinancialliabilities
	Payablewithinoneyear
	-Creditors	35,342	25,240
	InstrumentsmeasuredatfairvaluethroughSOFA
	Investmentsatvalue	1,455,431	943,698