2022-03-31-accounts - The Gordon Bramah Charitable Settlement

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Trustees	SusanPBurgess-Smith
	MichaelHBanks
	JacquelineMBramah
	JenniferMBanks
	MarkCBurgess-Smith
Charityregistered number	7L55871
kincipaloffice	22ArterberryRoad
	London
	5W2O8AH
lnvestmentAdvisors	lnvestecWealthandlnvestment
	BeechHouse
	61 NapierStreet
	Sheffield
	sl18HA
Solicitors	Wrigleys SolicitorsLLP
	DerwentHouse
	15OArundelGate
	Sheffield
	512FN
lndependent examiner	PhilipAllsopFCA
	BHPLLP
	Chartered Accountants
	2RutlandPark
	Sheffield
	S1OzPD

THE GORDON BRAMAH CHARITABLE SETTLEMENT

INDEPENDENT EXAMINER'S REPORT

FOR THE YEAR ENDED 31 MARCH 2022

Independent Examiner's Report to the Trustees of The Gordon Bramah Charitable Settlement ('the charity')

I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2022.

Responsibilities and Basis of Report

As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Dated: 19 October 2022

Philip Allsop FCA

BHP LLP 2 Rutland Park Sheffield SlO 2PD

Page 5

		Unrestricted	Endawment	Total	Total
		Iunds	funds	funds	funds
		2022	z0i,,t	2022	2A2L
	ftlote	E	f	E	E
lncome and endourmentsfrom:
lnvestments	4	90,810		90,810	85,850
Total incomeandendouments		90,810		91,810	85,850
Expenditureon:
Raisingfunds	5		Lt,8t3	13,813	12,958
Charitableactivities	6	L28,498		t28,498	4i,2!5
Total expendlture		128,498	13,813	14z,3tl	56,L73
Net(expenditure)/income befcrenet
gains oninvestments		(37,6881	t13,8131	(5L501)	29,677
Netgainson investments	1A		t,19,l2l	t19,,,2l	665,2!7
Netmovementinfunds		{37,688}	105,308	67,624	694,894
Reconciliationoffunds:
Total fundsbroughtfontard		L82,594	z,zot,745	2,384.,??9	1,589,M5
Netmovementinfunds		{37,5881	105,308	67,620	694,894
Total fundscarriedforward		ttt4,w	2.,?A7,ffi3	2,45L,939	2,384,339

			2422		2021
	Note		f		f
Fixedassets
lnY€stments	10		2,y[2,U3		?,223,669
			2,y12,(y?		2,223,669
Current assets
Debtors	17	19,563		17,783
Cashatbank and in hand		93,653		]45,AO2
		LL3,216		163,78s
Creditors: amountsfallingduewithinoneyear	Lz	{3,300}		{3,115}
Net currentassets			109,916		L60,574
Totalassets lesscurrentliabilities			2,451,959		2,394,339
Total netassets			2,45L,959		2,384,339
Charityfunds
Endowrnentfunds	13		2,307,O53		2,201,745
Unrestrictedfunds	13		t44,,906		182,594
Total funds			2,4:51,959		2,384,339

		2022	2A2L
	lrlote	f	f
Cashflows from operating activities
Netcash used inop€rating activities	16	(143,9{t6}	(59,579}
Cashflows from investing activities
Dividends and interestfrominvestments		90,810	85,850
Proceedsfromsaleofinvestrnents		10&810	156,851
Purchaseofinvestments		(t08,1t0l	1L57,8571
Netcashprovidedbyinvesting activities		9,,,48,4	u,844
Changeincashandsashequiralentsintheyear		152,4261	25,265
Cashandcashequivalentsatthebeginningoftheyear		,46,522	1'21-,257
Cashandcashequivalents at theendoftheyear	L7	94,glt6	146,522

Unrestricted	Total	Total
funds	funds	funds
za22	zo2z	2A2L
€	f"	f"
90,810	90,810	85,8s0
85,850	8s,850

	Endowment	Total	Total
	funds	funds	funds
	zgin f	zo22 f	2A2L f
lnvestmentmanagement fees	L3,813	13,813	L2,958
Tot.al2A21.	L2,958	12,958

Charitableactivitiesexpenditure
	2A22	2A2l
	f	f.
Grants paidtnote7)	u5,mo	40,000
Governancecosts(note8)	3,498	3,715
	L28,498	43,2L5

	2422	2027
	€	f
Sheffield Univercity 6TIMC	125,(xro
AshgateHospice		5,000
St Luke's Hospice		5,000
ReACT		5,000
TheCrthedralArcher Project		s oo0
Sheffield MIND		5,000
Sheffield Samaritans		5,00o
€daleMountainRescue		5,000
TheChildren'sllospital{Helipad Appeal}		5,OOO
	125,oCO	40,000

	2022	7021
	E	f
lndependent exarnination fees	?,299	3,115
Trustees'expensesreirnbursed	LU	1"00
Bank charges	15
	3,498	3,2],5

Net income/{expenditure}
Thisisstatedaftercharging:
	2022	202L
	f	f
lndependentexamination fees	3,299	3,115

I0.	lnvestments
		2022	2ALL
		f	f
	MarketvElue
	Broughtforward	2,223,149	1,555,926
	Additions at cost	108,140	L57,857
	Disposalproceeds	(108,810)	(156,851)
	Net {losses}/gainssn revaluation	l1:r,l2l	665,2L7
	Marketvolueoti7Morch2A22	2,34,-,5{rO	2,2?3,t49
	lnvestmentcash	443	sza
		4342,043	7,773,669
	lnvestrnents compriseof;
	L'K	1,06,8,659	994,9&8
	Europe	115,250	173,263
	Other	l,l57,69l	1,0s4898
		2,341,8U'	2,2A3,L49
	Hisioricdlcost
	Historical costofinvestments held at 31MarchZA22	1,765,1U	L,762,688
		L,765,184	1,762,688
l,-.	Debtors
		2022	2A2L
		f,	€
	Accrued income	19,s53	L7,783
		19,563	L7,783

	Balanceat1			Transfers	oaifirl	Balanceat31
	Apfi7:c2t	lncomeExpenditure		inlort	(tossesl	i!;arclt?l!.22
	E	9.	e.	E	C	E
Unrestrtded
funds
GeneralFunds- all funds	182,594	90,810	1128,498.1			L44,9M
Endawmentfunds
Endowmentfunds	1,74,-,2&		{13,813}	3,	il
Revaluation reserve	460,461			t3,1641	Lt9,,,21	976,418
	2,2OL,745		{13,813}		Llg,lzl	2,307,453
Totaloffunds	2,18/.,339	90,810	ll.42,3l.ll		llg,l2l	2,451,959
Statement offunds-prior year
						Balanceat
	Balanceat			Transfers	Gainsl	31 March
	lApril2020 E	lncomeExpenditure f. E		in/out E	{Losses} €	za21 f
Unrestricted
funds
Generalfunds	139,959	85,850	143,2151			L82,594
Endowmentfunds
Endowmentfunds	1,549,486		(12,958)	LO7,22O	97,536	1,741,284
Revaluation resen e				11A7,22Ot	567,681460,46L
	1,549,486		{12,es8}		665,2L7	2,24\745
Totat offunds	1,689,445	85,850	(56,173,		665,217	2,384,339

	Balanceat1			Transfers	Gains/	Balancsat31
	April2{f21 f	lncome f	Expenditure t	inlout f.	{Losses}f	Nlaruh2A22t
Generalfunds	L8;2,594	90,810	{128/498}			l{c.,*6
Endowmentfunds	2,201,745		{13,813'		L19,l2l	2,307,053
	4384,339	948r.0	lt42,3ttl		tlg,l?l	2,451,959
Summary offunds - grioryeat
						Balanceat
	Balanceat			Transfers	Gains/	31 March
	lApril2O20 f	lncome f	Expenditure f	in/out f	{Losses}t	2A2t f
Generalfunds	139,959	85,8s0	{43,2151			182,594
fndownnent funds	L,549,496		{12,958}		665,217	2,201,745
	1,689,44s	85,850	{$6,173}		665,217	2,384,339

Anahpis of netass€tsbetrreen funds-currentye	ar
	Unrestricted	Endourment	Total
	funds	funds	funds
	2022	20:x2	2D22
	e	€	f
Fixed assetinvestments	34990	2307,As3	2342,443
Currentassets	t13,216		tl3,216
Creditors duewithinoneyear	(3,30O)		(3,300,
Tatol	1M,9O62,3O7,Os3		2i5,-,959

Analysisof netasseBbe,tureenfunds -prior year
	Unrestricted	Endowment	Total
	funds	funds	funds
	2.021	zo21	?:421
	f	f	f
Fixed assetinvestments	2L,924	2,24L,745	2,223,669
Currentassets	L63,785		L63,785
Creditors duewithinoneyear	13,Lt5l		(3,115)
	182,5942,2AL,745		2,384,339

	2022	202L
	f	f
Net incomefor theyear(asperStatementofFinancialActivities)	67,620	694,894
Adjustnentsfor:
Losses/{gains}cninvestments	1,-t9,\ztl	166s,2L7
Dividends and interestfrominvestments	(90,8101	t85,850)
lncreaseindebtors	tL780l	13,497)
lncreaseincreditors	185	91
Netcash usedinoperating activities	lL43,9O6l	(59,579)

		2022	202L
		f	f
Cash	in hand	93,653	\46,442
Cash	held in investrnentportfolio	443	524
Total	cashandcashequivalents	94,w6	146,522

AtlApril	At3lMarch	At3lMarch
20?,t	f-ashflows	2422
	f	f
f.
L46,@2	(52,349,	93,653
146,{N'	{52,!t49}	93,553