| 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 |