2022-04-05-accounts

The Trustees agree that the risks are a been paid to the future outcome of the	The Trustees agree that the risks are a been paid to the future outcome of the	The Trustees agree that the risks are a been paid to the future outcome of the	The Trustees agree that the risks are a been paid to the future outcome of the	The Trustees agree that the risks are a been paid to the future outcome of the	cceptable decisions
REFERENCE AND ADMINISTRATIVE					DETAILS
Registered Charity		number
1152164
Principal address
10-22 Algernon	Road
Heaton
Newcastle upon	Tyne
Tyne and Wear
NE6 2YN
Trustees
Mr P N H Smith
Mr Cj Smith
Mr D I Vorster
Mrs Cj Skeates	(Appointed			13 April 2022)
Chief Executive
Mr P N H Smith
Independent	Examiner
Haines Watts
Chartered Accountants
17 Queens Lane
Newcastle upon	Tyne
Tyne and Wear
NE1 1RN
Investment Managers
Rathbones Investment			Management
Earl Grey House, 75-85			Grey Street
Newcastle upon	Tyne
NE1 6EF

		f	or the Year	Ended 5 April	2022
						2022	2021
				Unrestricted	Endowment	Total	Total
			Notes	fund E	fund E	funds E	fundsf
INCOME AND ENDOWMENTS Donations and legacies		FROM			60,000	60,000
Investment inca me					25 922	25 922	26 440
Total					85 922	85 922	26 440
EXPENDITURE ON Raising funds					13,618	13,618	12,481
Charitable activities
GAIN Healthy Diets/Nutrition Communities ETP Covid-19 India Appeal	for	Tea			7,500	7,500	25,000
Other				963		963	981
Total				963	21 118	22 081	38 462
Net gains on investments					91 723	91 723	401 622
NET INCOME/(EXPENDITURE) Transfers between funds				(963) 16,706	156,527 ~16706)	155,564	389,600
Net movement in funds				15,743	139,821	155,564	389,600
RECONCILIATION OF FUNDS Total funds brought forward				9,809	1,717,584	1,727,393	1,337,793
TOTAL FUNDS CARRIED	FORWARD			25 552	1 857 405	1 882 957	1 727 393

			Balan ce Sheet	Balan ce Sheet
			5 April	2022
						2022	2021
			Unrestricted		Endowment	Tota I	Total
				fund	fund	funds	funds
			Notes			E	E
FIXED ASSETS Investments					1,788,899	1,788,899	1,699,695
CURRENT ASSETS Cash at bank				26,552	72,006	98,558	32,658
CREDITORS Amounts falling	due within	one year	10	(1,000)	(3,500)	(4,500)	(4,960)
NET CURRENT	ASSETS			25 552	68 506	94 058	27 698
TOTAL ASSETS LESS CURRENT LIABILITIES				25,552	1,857,405	1,882,957	1,727,393
NET ASSETS				25 552	1 857 405	1 882 957	1 727 393
FUNDS Unrestricted funds Endowment funds						25,552 1 857 405	9,809 1 717 584
						1 882 957	1 727 393

, that evidences a residual inte	, that evidences a residual inte	rest in	the assets of the trust, afte	r deducting all liabilities
INVESTMENT INCOME
				2022 E	2021 I
Dividends received Deposit account interest				23,645 ~2277	25,851 589
				~25 922	~26 440
Investment income	by geographical		analysis:
				2022	2021
				E	E
UK investment income Overseas investment income				18,704 4 941	10,646 14 935
				23 645	25 561
RAISING FUNDS
Investment management		costs		2022I	2021 I
Portfolio management				~13 618	~12 481
OTHER				2022	2021
				E	E
Support costs				963	981

ar	ended 5	April 2	021.
	2022		2021
E		E

STAFF COSTS	STAFF COSTS
There were no employees		or	staff costs for the year ended		5 April 2022 nor for the year ended		5 April 2021.
COMPARATIVES FOR THE			STATEMENT OF FINANCIAL		ACTIVITIES
					Unrestricted	Endowment	Total
					fund	fund	funds
					E	f	E
INCOME AND ENDOWMENTS				FROM
Investment income						26 440	26 440
EXPENDITURE ON Raising funds						12,481	12,481
Charitable activities
GAIN Healthy Diets/Nutrition Communities			for	Tea		25,000	25,000
Other					981		981
Total					981	37 481	38 462
Net gains on investments						401 622	401 622
NET INCOME/(EXPENDITURE) Transfers between funds					(981) ~12945)	390,581 12 945	389,600
Net movement in	funds				(13,926)	403,526	389,600
RECONCILIATION Total funds brought	OF FUNDS forward				23,735	1,314,058	1,337,793
TOTAL FUNDS CARRIED FORWARD					9 809	1 717 584	1 727 393
FIXED ASSET INVESTMENTS						2022	2021
						E	E
Shares Other						1,718,033 70 866	1,638,904 60 791
						1 788 899	1 699 695
Additional information as		follows:
					Listed	Unlisted
					investments	investments	Totals
					E	E	F.
MARKET VALUE At 6 April 2021 Additions Disposals Revaluations					1,555,507 194,864 (123,625) 4 121	83,397 3 769	1 638 904 194,864 (123,625) 7 890
At 5 April 2022					1 630 867	87 166	1 718033
NET BOOK VALUE At 5 April 2022					1 630 867	87 166	1 718033
At 5 April 2021					1 555,507	83 397	1,638 904
				Page 9			continued. ..

FIXED A	SSET I	NVEST	MENTS - contin	ued
								f
							2022	2021
UK Investments		at fair	value comprised:
Equities Fixed interest securities							533,344 56 810	524,384 53 587
Total							590 154	577 971
Overseas	investments		at fair value comprised:
							2022	2021
							I	E
Equities Other investments							1,097,523 101222	1,031,123 90 601
Tota I							1 198 745	1 121 724
Cost or valuation		at 5 April 2022 is represented			by:
						Listed	Unlisted
						investments	investments	Totals
						E		E
Valuation	in 2022					1 630 867	87 166	1,718033
Investments (neither listed nor unlisted)				were	as follows:
							2022	2021
							E	E
Property Other investments							18,845 ~52 021	13,430 ~47 361
							~70 866	~60 791

				fo	r the Year En	ded 5 April 2	022
10.	CREDITORS:		AMOUNTS	FALLING	DUE WITHIN	ONE YEAR		2022	2021
								E	E
	Other creditors							~4500	~4960
11.	MOVEMENT	IN FUNDS
							Net	Transfers
							movement	between	At
						At 6.4.21	in funds	funds	5.4.22
							E	E	E
	Unrestricted		funds
	General fund					9,809	(963)	16,706	25,552
	Endowment Endowment	funds fund			1,717,584		156,527	(16,706)	1,857,405
	TOTAL FUNDS				1	727 393	155 564		1 882 957

Net movement	Net movement	in funds,	included	included	in the above	in the above	are as follows:
							Incoming	Resources	Gains and	Movement
							resources	expended	losses	in funds
							E	E	E	E
Unrestricted General fund		funds						(963)		(963)
Endowment Endowment	funds fund						85,922	(21,118)	91,723	156,527
TOTAL FUNDS							~85 922	~22 081)	~91 723	1~55 564
Comparatives		for movement			in funds
								Net	Transfers
								movement	between	At
							At 6.4.20	in funds	funds	5.4.21
							E	E	E	E
Unrestricted General fund		funds					23,735	(981)	(12,945)	9,809
Endowment Endowment	funds fund						1,314,058	390,581	12,945	1,717,584
TOTAL FUNDS							1 337 793	389 600	—	1 727 393
Comparative		net movement		in funds,		included	in the above are as follows:
							Incoming resources	Resources expended	Gains and losses	Movement in funds
							E		E	E
Unrestricted General fund		funds						(981)		(981)
Endowment Endowment	funds fund						26,440	(37,481)	401,622	390,581
TOTAL FUNDS							26 440	~38 4623	401 622	389 600
							Page 11			continued.	.

FINANCIAL IN	STRUMENT	S
								2022	2021
								E	f
Financial assets Cash at bank	measured and in hand	at	amortised	cost:				98,558	32,658
Financial assets	measured	at	fair value	through		statement	of financial
activities: Investments								1788899	1 699 695
Total financial	assets							1887457	1 732 353
Financial liabilities measured Trade and other creditors			at amortised		cost:			4 500	4 960
Total financial	liabilities							4 500	4 960

		2022	2021
		E	E
INCOME AND ENDOWMENTS
Donations and legacies Donations		60,000
Investment income
Dividends received Deposit account interest		23,645 ~2277	25,851 589
		~25 922	~26 440
Total incoming resources		85,922	26,440
EXPENDITURE
Investment management Portfolio management	costs	13,618	12,481
Charitable activities Grants to institutions		7,500	25,000
Support costs
Finance Bank charges				21
Governance costs Accountancy and legal fees		960		960
Total resources expended		~22 081	~38	462
Net income/(expenditure) losses	before gains and	63,841	(12,022)
Realised recognised gains	and losses
Realised gains/(losses) on fixed asset investments		~91 723	4~01	622
Net income		1~55 564	3~89	600