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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|





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|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|





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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|<br>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|





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|||||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|





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||||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|
|||::|||





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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2023|2023|2022|
||f|f|f|
|lnvestment income|96,795|95,795|90,810|
|Total 2022|90,810|90,810||



||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|



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||2023|2022|
|---|---|---|
||f|€|
|Sheffield UniversityGTIMC||125,000|
|AshgateHospice|10,250||
|St Luke's Hospice|||
|ReACT|||
||LO,250|125,000|



## 

|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|





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|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|





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|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|<br>127,2081|<br>-|1324,9621||2,L96,584|
|Statementof funds -prioryear||||||||
||||||||Balanceat|
||Balanceat||Transfers||Gains/||31 March|
||lApril2021<br>f|lncome<br>€|Expenditure<br>f|in/out<br>f|(Losses)<br>f||2Q22<br>f|
|Unrestricted||||||||
|funds||||||||
|GeneralFunds|1,82,594|90,810|<br>(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||<br>576,418|
||2,201,,745||(13,813)||L19,121,||2,307,053|
|Totoloffunds|2,384,339|90,810|<br>(742,31.7)||719,121-||2,451,,959|





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||Balanceat1|||Transfers|Gains/|Balance at 31|
|---|---|---|---|---|---|---|
||April2022<br>f|lncome<br>f|Expenditure<br>f|in/out<br>f|(Losses)<br>€|March2023<br>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|<br>(27,208l.||(324,96212,L96,584||
|Summary of funds -prior year|||||||
|||||||Balanceat|
||Balanceat|||Transfers|Gainsl|31 March|
||lApril2021<br>E|lncome<br>ff|Expenditure|inlout<br>f|(Losses)<br>f|2022<br>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|<br>(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|





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||AtlApril|At|31 March|
|---|---|---|---|
||2022|Cashflows|2023|
|||f|E|
||E|||
|Cashat bank and in hand|93,653|42,L8L|135,834|
|Cashequivalents|443|29,845|30,288|
||94,096|<br>72,026|L65,L22|



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