##
##
##
##
##
##
|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|