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||||Page|
|---|---|---|---|
|Reference and Administrative||Details ofthe Charity, Its Trustees and Advisers||
|Trustees' Report|||2-4|
|Independent
Auditor's|Report|on the Financial Statements|5-8|
|Statement ofFinancial|Activities|||
|Balance Sheet|||10|
|Notes to the Financial|Statements||11-23|
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|Trustees||Lord Beaverbrook,|Lord Beaverbrook,|Lord Beaverbrook,|Chairman|
|---|---|---|---|---|---|
|||Lady Beaverbrook||||
|||The Hon Mr M|Aitken|||
|||The Hon Mrs L||Levi||
|||MrJ EA Kidd||||
|||The Hon MrA|RAitken|||
|||The Hon Ms C Aitken||||
|Charity registered||||||
|number||1153470||||
|Principal office||19Crown Passage||||
|||London||||
|||SW1Y6PP||||
|Chief executive||Miss JS Ford||||
|Independent|auditor|MHA Maclntyre||Hudson||
|||Chartered
Accountants||||
|||2 London Wall|Place|||
|||London||||
|||EC2Y SAU||||
|Bankers||C Hoare 8 Co||||
|||London||||
|||EC4R 4TT||||
|||CAF Bank||||
|||West Mailing||||
|||Kent||||
|||ME194JQ||||
|Solicitors||Fieldfisher
LLP||||
|||Riverbank
House||||
|||2 Swan Lane||||
|||London||||
|||EC4R 3TT||||
|Custodians||Multrees
Investor||Services Limited||
|||One Carter Lane||||
|||London||||
|||EC4V 5AN||||
|Investment|Managers|Whitley Asset Management||||
|||116Pdncedale|Road|||
|||Notting
Hill||||
|||London||||
|||W11 4NH||||
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|||||||Total|Tote/|
|---|---|---|---|---|---|---|---|
||||||Unrestricted|funds|funds|
||||||funds|Period to 31|Year to30Sep|
||||||2022|Dec 2022|2021|
|||||Note||||
|Income from:||||||||
|investments|||||72,524|72,524|76,212|
|Total income|||||72,524|72,524|76,212|
|Expenditure
on:||||||||
|Investment
management||costs|||116,960|116,960|81,709|
|Charitable
activities|||||630,352|630,352|495,839|
|Other expenditure|—depreciation||||56,319|56,319|44,852|
|Total expenditure|||||803,631|803,631|622,400|
|Net expenditure
before||net(losses)/gains|on|||||
|investments|||||(731,10T)|(731,107)|(546,188)|
|Net {losses)/gains|on investments||||(2,458,844)|(2,458,844)|1,875,481|
|Net movement
in|funds||||(3,189,951)|(3,189,951)|1,329,293|
|Reconciliation
offunds:||||||||
|Total funds brought forward|||||15,186,2'75|15,186,2T5|13,856,982|
|Net movement
in funds|||||(3,189,951)|(3,189,951)|1,329,293|
|Total funds carried forward|||||11,996,324|11,996,324|15,186,275|
##
|||||31||30|
|---|---|---|---|---|---|---|
|||||December||September|
|||Note||2022f||2021|
|Fixed assets|||||||
|Tangible assets||10||4,232,758||4,280,172|
|Investments||11||9,028,710||12,044,673|
|||||13,261,468||16,324,845|
|Current assets|||||||
|Debtors|||36,000||36,000||
|Cash at bank and in hand|||30,704||198,456||
||||66,704||234,456||
|Creditors: amounts|falling due within one||||||
|year||13|(43,257)||(41,000)||
|Net current assets||||23,447||193,456|
|Creditors: amounts|failing due after more||||||
|than one year||14||(1,288,591)||(1,332,026)|
|Total net assets||||11,996,324||15,186,275|
|Charity funds|||||||
|Restricted funds||15|||||
|Unrestricted
funds||15||11,996,324||15,186,275|
|Total funds||||11,996,324||15,186,275|
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|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||Period to 31|Period to 31|
|||Dec 2022|Dec 2022|
|Rental income||20,630|20,630|
|Dividends|receivable|47,622|47,622|
|Interest receivable||4,272|4,272|
|||72,524|72,524|
|||UnIe stricted|Total|
|---|---|---|---|
|||funds|funds|
|||Year to30|Yeerto 30|
|||Sep 2021|Sep 2021|
|Rental income||7,868|7,868|
|Dividends|receivable|68,320|68,320|
|Interest receivable||24|24|
|||76,212|76,212|
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||Unrestricted|Total|
|---|---|---|
||funds|funds|
||Period to 31|Period to 31|
||Dec 2022f|Dec 2022|
|Grants payable|359,851|359,851|
|Support costs|185,309|1&5,309|
|Staff costs|95,192|95,192|
||640,352|640,352|
||Unrestricted|Total|
||funds|funds|
||Year to 30|Year to30|
||Sep 2021f|Sep 202I|
|Grants payable|291,903|291,903|
|Support costs|126,477|526,477|
|Staffcosts|77,459|77,459|
||495839|495839|
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|||Grants to|Total|
|---|---|---|---|
|||Institutions|funds|
|||Period to 31|Period to 31|
|||Dec 2022|Dec 2022|
|||K||
|Grants|payable|349,851|349,851|
|||Grants to|Total|
|||Institutions|funds|
|||Year to30|Year to30|
|||Sep 2021|Sep 2021|
|Grants|payable|291,903|291,903|
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||||||Period to 31|Year fo30|
|---|---|---|---|---|---|---|
||||||December|Sepfember|
||||||2022|2021|
|Name ofrecipient|||||||
|London Screen Academy|||||40,000|40,000|
|English
National
Ballet|||||25,000|20,000|
|Place2Be|||||25,000|25,000|
|RAF Museum,
Hendon|||||25,000|25,000|
|The Food Foundation|||||17,500||
|Boat Transport - Aid|to Ukraine||||15,000||
|Cardinal
Hume Centre|||||15,000|10,000|
|BASMOM|||||10,000|500|
|Smith Bradbeer Charitable||Trust|- Aid to Ukraine||10,000||
|Bristol Beacon|||||10,000||
|One Small Step|||||10,000||
|Scales Conservation|Fund||||6,000||
|Leprosy Mission|||||6,000||
|Billy Fiske Foundation||||||25,000|
|Bristol Music Trust||||||$6,000|
|T21||||||12,000|
|Charlotte's
BAG|||||5,000|7,500|
|World Horse Welfare||||||5,000|
|Northwood
House||||||f,750|
||||||219,500|187,750|
|Other grants (f5,000|and under,||representing|98institutions)|130,351|104,153|
||||||349,851|291,903|
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|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||Period to 31|Period to 31|
|||||Dec2022|Dec2022|
|||||E|E|
|Archiving|costs|||27,254|27,254|
|Legal costs||||15,336|16,336|
|Grantmaking||costs||1,806|1,806|
|Audit and|accountancy|||7,316|7,316|
|Printing, stationery|||and other office costs|48,065|48,088|
|Rent||||||
|Insurance||||10,607|10,607|
|Trustees'|expenses|||5,279|5,279|
|Mortgage|interest|||68,944|68,944|
|Bank charges||||702|702|
|Total 2022||||185,309|186,309|
|||||Unrestricted|Total|
|||||funds|funds|
|||||Year to30|Yearto 30|
|||||Sep 2021|Sep 2021|
|Archiving|costs|||24,530|24,530|
|Legal costs||||9,103|9,103|
|Grantmaking||costs||139|139|
|Audit and|accountancy|||6,712|6,712|
|Printing, stationery|||and other office costs|32,199|32,199|
|Rent||||2,596|2,596|
|Insurance||||12,112|12,'i12|
|Trustees'|expenses|||2,403|2,403|
|Mortgage|interest|||36,146|36,146|
|Bank charges||||537|537|
|Total 2021||||126,477|126,477|
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||||Period to 31|Year to30|
|---|---|---|---|---|
||||Dec 2022|Sep 2021|
|Fees payable to the Charity's|auditor for the audit ofthe Charity's|annual|||
|accounts|||5,500|5,400|
##
||||Period to 31|Year to30|
|---|---|---|---|---|
||||Dec 2022|Sep 2021|
|Wages|and salariies||78,692|67,663|
|Social|security costs||9,539|4,093|
|Contribution
to defined contribution||pension schemes|3,750|3,000|
|Private|health insurance||3211|2,703|
||||95,'I 92|77,459|
|Period|to 31|Yearto30|
|---|---|---|
|Dec|2022|Sep 2021|
||No.|hfo.|
|Period|to 31|Year to30|
|---|---|---|
|Dec|2022|Sep 2021|
||No.|No.|
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||Heritage|Freehold|Office||
|---|---|---|---|---|
||assets|property
E|equipment
f|Totalf|
|Cost or valuation|||||
|At 1 October 2021|2,207,260|2,102,992|20,789|4,331,041|
|Additions|8,905|||8,905|
|At 31 December 2022|2,216,165|2,102,992|20,789|4,339,946|
|Depreciation|||||
|At 1 October 2021||42,060|8,809|50,869|
|Charge for the period||52,575|3,744|56,319|
|At 31 December 2022||94,635|12,553|107,188|
|Net book value|||||
|At 31 December 2022|2,216,165|2,008,357|8,236|4,232,758|
|At30September 2025|2,207,260|2,060,932|55,980|4,280,572|
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|Analysis ofnet assets between funds -current period|||
|---|---|---|
||Unrestricted|Total|
||funds|funds|
||31|31|
||December|December|
||2022|2022|
|||E|
|Tangible fixed assets|4,232,758|4,232,768|
|Fixed asset investments|9,028,710|9,028,710|
|Debtors due after more than one year|36,000|36,000|
|Current assets|30,704|30„704|
|Creditors due within one year|(43,257)|(43,257)|
|Creditors due in more than one year|(1,288,591)|(1,288,591)|
|Total|11,996,324|11,996,324|
|Analysis ofnet assets between funds - prior period|||
||Unrestricted|Total|
||funds|funds|
||30|30|
||September|September|
||2021|2021|
|Tangible fixed assets|4,280,172|4,280,172|
|Fixed asset investments|12044 673|12,044,673|
|Debtors due after more than one year|36,000|36,000|
|Current assets|198,456|198,456|
|Creditors due within one year|(41,000)|(41,000)|
|Creditors due in more than one year|(1,332,026)|(1,332,026)|
|Total|15,186,275|15,186,275|
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