2023-04-05-accounts

		Page
Report ofthe Trustees	1	to	3
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements	7	to	12
Detailed Statement of Financial Activities		13

		f	or the Year	Ended 5 April	2023
						2023	2022
				Unrestricted	Endowment	Total	Total
			Notes	fund E	fund E	funds E	fundsf
INCOME AND ENDOWMENTS		FROM
Donations and legacies					70,000	70,000	60,000
Investment income					36 648	36 648	25 922
Total					106648	1D6 648	85 922
EXPENDITURE ON
Raising funds					12,554	12,554	13,618
Charitable activities
ETP Covid-19 India	Appeal						7,500
ETP Malawi PES Project					40,000	40,000
Other			5	1D15		1015	963
Total				1 015	52 554	53 569	22 081
Net (loss)/gain on investments					~138480)	~13848D)	91723
NET INCOME/(EXPENDITURE) Transfers between funds			11	(1,015) 4 323	(84,386) ~4323)	(85,401)	155,564
Net movement in	funds			3,308	(88,709)	(85,401)	155,564
RECONCILIATION	OF FUNDS
Total funds brought	forward			25,552	1,857,405	1,882,957	1,727,393
TOTAL FUNDS CARRIED FORWARD				28 860	1 768 696	1797 556	1 882 957

	The Ringtons	"Tea Growing Comniunity"	"Tea Growing Comniunity"	"Tea Growing Comniunity"
		Charitable	Trust
		Balance	Sheet
		5April	ZO23
					2023	2022
		Unrestricted		Endowment	Total	Total
	Notes		fund E	fund E	funds f	funds E
FIXEDASSETS
Investments				1,711,130	1,7117130	1,788,899
CURRENT ASSETS
Cash at bank			29,910	61,066	90,976	98,558
CREDITORS
Amounts falling due within	one year	10	(1,050)	('37500)	(4,550)	(4,500)
NET CURRENT ASSETS			28 860	5? 566	86 426	94 tl58
TOTAL ASSETSLESSCURRENT LIABILITIES			287860	17768696	157977556	178827957
NET ASSETS			28 860	1768 696	.1797 556	1 882 957
FUNDS
Unrestricted funds Endowment funds					28,860 1768 696	257552 1 857405
TOTAL FUNDS					1797556	1 882957

that evidences a residual int	that evidences a residual int	that evidences a residual int	erest in	the assets of the trust, afte	r deducting all liabiliti	es
INVESTMENT INCOME
						2023	2022
						E
Dividends	received					31,647	23,645
Deposit account interest						4,143	2,277
Bank interest						858
					~36 648		~25 922
Investment	income	by geographical		analysis:
					2023		2022
					E		E
UK investment income					23,218		18,704
Overseas	investment	income			6	429	4 941
					31647		23 645
RAISING	FUNDS
Investment management			costs
						2023	2022
						E
Portfolio management					~12 554		~13618
OTHER
						2023	2022
						E
Support costs						~1015	963

						2022	2021
				Unrestricted	Endowment	Tota I	Total
				fund	fund	funds	funds
			Notes	E	E	f	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies					60,000	60,000
Investment income					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	for	Tea
Communities							25,000
ETP Covid-19 India Appeal					7,500	7,500
Other				963		963	981
Tot:al				963	21 118	22 081	38 462
Net gains on investments					91723	91 723	401 622
NET INCOME/(EXPENDITURE) Transfers between funds			11	(963) 16706	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
9. FIXEDASSET INVESTMENTS
						2023	2022
						E	E
Shares						1,660,452	1,718,033
Other						50 678	70 866
						1 711 130	1 788 899
Additional information	as	follows:
					Listed
					investments
					E
MARKET VALUE
At 6 April 2022					1,788,899
Additions					200,776
Disposals Revaluations					(141,036) ~137509)
At 5 April 2023					1711130
NET BOOK VALUE
At 5 April 2023					1711130
At 5 April 2022					1 788 899

							E	E.
							2023	2022
UK Investments			at fair		value comprised:
Equities							485,742	533,344
Fixed interest		securities					90 863	56 810
Total							576 605	590 154
Overseas	investments				at fair value comprised:
							2023	2022
							E
Equities							1,021,638	1,097,523
Other investments							112887	1D1 222
Total							1 134525	1 198 745
Investments		(neither		listed nor unlisted)		were as follows:
							2023 E	2022 f
Property							12,948	18,845
Other investments							~37 730	~52 021
							~50 678	7D 866

					f	f	or the Year E	or the Year E	nded 5 April	2023
10.	CRED1TORS: AMOUNTS				FALLING		DUE WITHIN		ONE YEAR
											2023	2022
											E	E
	Other creditors										~4550	~4500
11.	MOYEMENT		IN FUNDS
										Net	Transfers
										movement	between	At
									At 6.4.22	in funds	funds	5.4.23
									E	E	E	E
	Unrestricted		funds
	General fund								25,552	(1,015)	4,323	28,860
	Endowment		funds
	Endowment		fund					1,857,405		(84,386)	(4,323)	1,768,696
	TOTAL FUNDS							1	882 957	~85 401)		1797 556
	Net movement in funds,			included		in	the above	are	as follows:
									Incoming	Resources	Gains and	Movement
									resources E	expended f	losses E	in funds f
	Unrestricted		funds
	General fund									(1,015)		(1,015)
	Endowment		funds
	Endowment		fund						106,648	(52,554)	(138,480)	(84,386)
	TOTAL FUNDS								1~06 648	{53569)	(138480)	)85 401)
	Comparatives for movement					in funds
										Net	Transfers
										movement	between	At
									At 6.4.21 E	in funds f	funds E	5.4.22 E
	Unrestricted		funds
	General fund								9,809	(963)	16,706	25,552
	Endowment		funds
	Endowment	fund						1,717,584		156,527	(16,706)	1,857,405
	TOTAL FUNDS							1	727 393	155564		1 882 957
	Comparative		net movement		in funds,		included	in the above are		as follows:
									Incoming	Resources	Gains and	Movement
									resources	expended	losses	in funds
									E	E	E	E
	Unrestricted		funds
	General fund									(963)		(963)
	Endowment		funds
	Endowment	fund							85,922	(21,118)	91,723	156,527
	TOTAL FUNDS								~85 922	~22 081)	91 723	155 564

Ringtons Limited is considered	Ringtons Limited is considered	Ringtons Limited is considered	to have significant	to have significant	to have significant	influence	over	the charitable	trust due to two	of the trustees	of the trustees
being directors of the company,			the power of the			company	as per the terms of		the trust deed as detailed		in the
report of the trustees and being			the sole	donor	to	the charitable		trust.
FINANCIAL INSTRUMENTS
									2023	2022
									E	E
Financial assets measured	at	amortised cost:
Cash at bank and in hand									90,973	98,558
Financial assets measured	at	fair value through			statement		of financial
activities:
Investments									171113D	1 788	899
Total financial assets									1802 103	1 887	457
Financial liabilities measured		at	amortised	cost:
Trade and other creditors									4 55D	4	50D
Total financialliabilities									4 550	4	500

			2023	2022
				E
INCOME AND ENDOWMENTS
Donations and legacies
Donations			70,000	60,000
Investment income
Dividends received			31,647	23,645
Deposit account interest			854
Bond interest			~4147	~2277
			~36 648	~25 922
Total incoming resources			106,648	85,922
EXPENDITURE
Investment management		costs
Portfolio management			12,554	13,618
Charitable activities
Grants to institutions			40,000	7,500
Other			51
Support costs
Finance
Bank charges
Governance costs
Accountancy and legal fees			960	960
Total resources expended			~53 569	~22 081
Net income/(expenditure) losses		before gains and	53,079	63,841
Realised recognised	gains	and losses
Realised gains/(losses)	on fixed asset
investments			(1~38480)	~91 723
Net income			~85 401)	155564