2023-03-31-accounts - The Gordon Bramah Charitable Settlement

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	Page
Reference andadministrative details of the charity,its Trustees and advisers	t
Trustees'report	2-4
lndependent examiner's report	5
Statementoffinancial activities	6
Balance sheet	7
Statement ofcashflows	8
Notesto the financial statements	9-19

Trustees	SusanPBurgess-Smith
	MichaelH Banks
	Jacqueline MBramah
	JenniferMBanks
	MarkCBurgess-Smith
Charityregistered number	1155871
Principaloffice	22ArterberryRoad
	London
	SW2O8AH
lnvestmentAdvisors	lnvestec Wealth and lnvestment
	Beech House
	61 Napier Street
	Sheffield
	s118HA
Solicitors	WrigleysSolicitorsLLP
	DerwentHouse
	150ArundelGate
	Sheffield
	512FN
lndependent examiner	RachelHeathFCCADChA
	BHPLLP
	Chartered Accountants
	2 RutlandPark
	Sheffield
	s102PD

Nov 21, 2023

		Unrestricted	Endowment	Total	Total
		funds	funds	funds	funds
		2023	2023	2023	2022
	Note	f	€	f	f
lncomeand endowments from
lnvestments	4	96,795		96,795	90,810
Totalincome andendowments		96,795		96,795	90,810
Expenditureon:
Raisingfunds	5		L2,84L	L2,84L	13,813
Charitable activities	6	L4,367		L4,367	728,498
Total expenditure		L4,367	L2,84L	27,208	1"42,31,1
Netincome/(expenditure) before net
(losses)/gains oninvestments		82,428	lL2,84Ll	59,587	(s1,s01)
Net(losses)/gainson investments	10		1324,9621	(324,9621	7!9,727
Netmovementinfunds		82,428	(337,803)	(255,3751	67,620
Reconciliation of funds:
Total funds broughtforward		L44,906	2,307,O53	2,45L,959	2,394,339
Netmovementinfunds		82,428	(337,803)	(255,375)	67,620
Totalfundscarriedforward		227,334	L,969,250	2,t95,584	2,451,959

				2023		2022
	Note			f.		f
Fixed assets
Investments	10			2,046,gg0		2,342,O43
				2,046,gg0		2,342,043
Currentassets
Debtors	11	L7,49O			19,563
Cashatbank and in hand		135,834			93,653
		L53,324			1,13,276
Creditors: amountsfallingduewithinoneyear	t2	(3,630)			(3,300)
Netcurrentassets				L49,694		109,916
Totalassets lesscurrent liabilities				2,L96,584		2,451-,959
Total netassets				2,L96,594		2,45L,959
			:
Charityfunds
Endowment funds	13			t,969,250		2,307,O53
Unrestricted funds	13			227,334		1_44,906
Totalfunds				2,L96,584		2,451,,959

			2023	2022
	Note		f	€
Cashflows from operating activities
Netcash used inoperating activities	1,6		124,805!.	(143,906)
Cashflows from investing activities
Dividends and interestfrominvestments			96,795	90,810
Proceedsfromsaleofinvestments			8L,487	108,810
Purchaseofinvestments			(81,451)	(108,140)
Netcashprovidedby investingactivities			95,831	91.,480
Changeincashandcashequivalentsintheyear			72,026	(52,4261
Cashandcashequivalents atthebeginning oftheyear			94,096	146,522
Cashandcashequivalentsattheend oftheyear	17		L66,L22	94,096
		::

	Endowment	Total	Total
	funds	funds	funds
	2023	2023	2022
	f.	f	f
lnvestment management fees
fotal2022
Charitableactivitiesexpenditure
		2023	2022
		E	f
Grants paid(note7)		10,250	125,000
Governancecosts(note8)		4,LLl	3,498
		L4,367	128,498

8.	Governancecosts
		2023	2022
		f	f
	lndependent examination fees	3,630	3,299
	Trustees'expenses	425	184
	Bank charges	62	15
		4,LL7	3,498
9.	Netincome/(expenditure)
	Thisisstatedaftercharging:
		2023	2022
		€	f
	lndependentexamination fees	3,O25	2,750

10.	lnvestments
		2023	2022
		f	f
	Morketvalue
	Broughtforward	2,34L,600	2,223,749
	Additionsat cost	81,451	1,08,1,40
	Disposal proceeds	18L,4871	(108,810)
	Net(losses)/gainson revaluation	(324,9621	1,19,!27
	Marketvolueqt37Morch	2,0L6,6O2	2,34'J_,600
	Investmentcash	30,288	443
		2,046,890	2,342,043
	lnvestments comprise of:
	UK	9O8,763	1,069,659
	Europe	91,600	LLs,250
	Other	L,OL6,239	1,,157,691,
		2,OL6,6O2	2,347,600
	Historicolcost
	Historical costofinvestments held at 31 March	1,782,654	1,,765,782
		L,782,654	1,765,182
LL.	Debtors
		2023	2022
		e	f
	Accrued income	L7,49O	19,563
		L7,49O	19,563

2023	2022
f	€
3,630	3,300

Statementof funds-current year	Statementof funds-current year
	Balanceat1			Transfers	Gains/	Balance at 31
	April2O22	lncome	Expenditure	inlout	(Losses)		March2023
	f	f	f	€	f		f
Unrestricted
funds
GeneralFunds	L44,906	96,795	(L4,3671				221,334
Endowmentfunds
Endowment funds	!,73O,635		(L2,84t1	17,508			L,735,3O2
Revaluation
reserve	576,4L8			(17,508)	(324,9621233,948
	2,307,053		(L2,84t1		1324,9621		L,969,25O
Totaloffunds	2,45L,959	96,795	127,2081	-	1324,9621		2,L96,584
Statementof funds -prioryear
							Balanceat
	Balanceat		Transfers		Gains/		31 March
	lApril2021 f	lncome €	Expenditure f	in/out f	(Losses) f		2Q22 f
Unrestricted
funds
GeneralFunds	1,82,594	90,810	(728,498)				744,906
Endowmentfunds
Endowment funds	1,747,284		(13,813)	3,764			1_,730,635
Revaluation
reserve	460,461			(3,164)	119,127		576,418
	2,201,,745		(13,813)		L19,121,		2,307,053
Totoloffunds	2,384,339	90,810	(742,31.7)		719,121-		2,451,,959

	Balanceat1			Transfers	Gains/	Balance at 31
	April2022 f	lncome f	Expenditure f	in/out f	(Losses) €	March2023 f
General funds	L44,905	96,795	(L4,3671			227,334
Endowment funds	2,307,O53		lL2,84Ll		1324,9521	L,969,25O
	2,45L,959	96,795	(27,208l.		(324,96212,L96,584
Summary of funds -prior year
						Balanceat
	Balanceat			Transfers	Gainsl	31 March
	lApril2021 E	lncome ff	Expenditure	inlout f	(Losses) f	2022 f
General funds	182,594	90,810	(128,498)			144,906
Endowment funds	2,207,745		(13,813)		L19,L2L	2,307,O53
	2,384,339	90,810	(742,311)		1-19,121-2,451,,959

	Unrestricted	Endowment	Total
	funds	funds	funds
	2023	2023	2023
	f	f	f.
Fixed assetinvestments	77,640	1_,969,25O	2,046,99o
Currentassets	753,324		L53,324
Creditorsduewithinone year	(3,630)		(3,630)
Totol	227,3341,969,250		2,L96,584

	U nrestricted	Endowment	Total
	funds	funds	funds
	2022	2022	2022
	f	f	f
Fixed assetinvestments	34,990	2,307,053	2,342,043
Currentassets	713,216		113,216
Creditorsduewithinoneyear	(3,300)		(3,300)
Totol	144,9062,307,053		2,451.,959

	2023	2022
	f	f
Net(expenditure)/income for theyear(asper StatementofFinancialActivities)		67,620
Adjustmentsfor:
Losses/(gains)on investments	324,962	(1.19,121)
Dividends and interestfrominvestments	(96,795l'	(90,810)
Decrease/(increase) in debtors	2,073	(1,780)
lncrease in creditors	330	185
Net cash usedin operqting activities	(2480s)	(143,e06)

		2023	2022
		f	f
Cash	inhand	135,834	93,653
Cash	held ininvestment portfolio	30,288	443
Totsl	coshondcoshequivalents	L66,122	94,096