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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|
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## **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Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.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:
1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. 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|
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|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|
|o|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|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|||1,730,635|
|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|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|
##
##