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||Page|
|---|---|
|Reference and Administrative
Information||
|Trustees'
Annual
Report|2 —6|
|Report ofthe Independent
Auditor|7 —10|
|Statement ofFinancial Activities||
|Balance Sheet|12|
|Cash flow Statement|13|
|Notes to the Financial Statements|14-20|
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|||||Unrestricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Expendable|Income|||
|||||Endowment||||
|||||2023|2023|2023|2022|
||||NOTE|||6||
|INCOME||||||||
|Investment
Income|||||334,283|334,283|331,201|
|TOTAL INCOME|||||334,283|334,283|331,201|
|EXPENDITURE||||||||
|Costs ofgenerating|funds||||45,035|45,035|49,604|
|Charitable
activities|||||278,538|278,538|285,922|
|TOTAL EXPENDITURE|||||323,573|323,573|335,526|
|(Losses)/Gains
on investments||||||||
|Unrealised||||(539,084)||(539,084)|332,604|
|Realised||||38,640||38,640|113,212|
|NET INCOME/(EXPENDITURE)||||(500,444)|10,710|(489,734)|441,491|
|(Losses)/Gains
on foreign||||(41)|(123)|(164)|184|
|exchange||||||||
|NET MOVEMENT||IN FUNDS||(500,485)|10,587|(489,898)|441,675|
|RECONCILIATION||OF FUNDS||||||
|Total funds brought||forward||10,409,965|33,235|10,443,200|10,001,525|
|BALANCE CARRIED FORWARD||||9,909/$80|43,822|9,953302|10',200|
##
||NOTE|2023|2022|
|---|---|---|---|
||||6|
|FIXEDASSETS||||
|Investments||9,856,855|10,407,435|
|||9,856,855|10,407,435|
|CURRENT ASSETS||||
|Cash at Bank||122,116|61,656|
|||122,116|61,656|
|LIABILITIES||||
|Creditors: amount falling due within one year|10|(25,669)|(25,891)|
|NET CURRENT ASSETS||99,447|35,765|
|TOTAL ASSETSLESSCURRENT LIABILITIES||9,953,302|10,443,200|
|Representing:||||
|UNRESTRICTED FUNDS||||
|Expendable
Endowment||9,909,480|10,409,965|
|Income||43,822|33,235|
|||9,953,302|10,443,200|
##
||Note|2023|2022|
|---|---|---|---|
|NET CASH PROVIDED BY OPERATING
ACTIVITIES||(323,959)|(320,704)|
|(see below)||||
|Cash flows from investing
activities||||
|Dividends
and interest from investments||334,283|331,201|
|Proceeds from the sale ofinvestments||546,970|1,755,271|
|Purchase ofinvestments||(599,419|(1,609,069)|
|Net cash provided by investing
activities||281,834|477,403|
|Change in cash and cash equivalents
in period||(42,125)|156,699|
|Cash and equivalents
brought
forward||350,807|194,108|
|Cash and equivalents
carried forward||308,682|350,807|
|RECONCILIATION OFNET MOVEMENT INFUNDS TO||||
|NET CASH FLOW FROM OPERATING ACTIVITIES||||
|Net movement
in funds for the period ended 31March (as||(489,898)|441,675|
|per the Statement of Financial Activities, page 11)||||
|Adjustments
for:||||
|Dividends
and interest from investments||(334,283)|(331,201)|
|Realised Gain on the sale ofinvestments||(38,640)|(113,212)|
|Unrealised
Loss/(Gain)
in revaluing
investments||539,084|(332,604)|
|Decrease in debtors|||13,240|
|(Decrease)/increase
in creditors|10|(222)|1,398|
|Net cash provided by operating
activities (see above)||(323,959)|(320,704)|
##
|||As at 1|Cash Flow|As at 31|
|---|---|---|---|---|
|||April 2022||March 2023|
|||||6|
|Cash|at Bank|61,656|60,460|122,116|
|Cash|held in investments|289,151|(102,585)|186,566|
|||350,807|(42,125)|308,682|
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||||2023|2022|
|---|---|---|---|---|
|||||E|
|Income|from Investments||334,037|339,437|
|Income|from Investments|—Prior year Accrued Income||(8,240)|
|Interest|on cash deposits||246|4|
||||334,283|331201|
##
|||||2023|2022|
|---|---|---|---|---|---|
||||||E|
|Investment|Management|Fee||34,924|37,741|
|Custody and Administration|||fees|10,111|11,863|
|||||45,035|49,604|
##
||||E|
|---|---|---|---|
|(The) Fleming-Wyfold
Art Foundation|||25,000|
|(The) Halo Trust|||20,000|
|StPeter &StPaul Northleach|Charitable|Trust|20,000|
|All Saints, Turkdean|||10,000|
|Kate's Home Nursing|||10,000|
|Missing Salmon Alliance|||10,000|
|Royal Agricultural
Society of|the Commonwealth||10,000|
|Royal Commonwealth
Ex-Services League|||10,000|
|Royal Papworth
Charity|||10,000|
|Taxpayer's
Alliance|||10,000|
|All other grants below 610,000|||111,000|
|Total Grants for the year|||246,000|
##
##
|||||2023|2022|2023|2022|
|---|---|---|---|---|---|---|---|
|||||No.|No.|||
||The prevention
ofrelief ofpoverty|||7|3|31,000|27,500|
||The advancement
ofeducation|||6|10|30,000|58,000|
||The advancement
ofreligion|||3|1|35,000|10,000|
||The advancement
ofhealth orthe saving oflives|||11|12|65,000|83,500|
||The advancement
ofcitizenship|or community||2|2|3,500|5,000|
||development|||||||
||The advance ofthe arts, culture,|heritage or science||||35,000|35,000|
||The advancement
ofamateur sports|||||5,000||
||The advancement
ofenvironmental||protection or|||17,000|15,000|
||improvement|||||||
||The relief ofthose in need by reason||ofyouth, age, ill-|||7,000|6,000|
||health, disability,
financial hardship||or other disadvantage|||||
||The advancement
of animal welfare|||||5,000|15,000|
||The promotion
ofthe efficiency|of the armed forces ofthe||||2,500||
||Crown, orofthe efficiency ofthe policy, fire and rescue|||||||
||services or ambulance
services|||||||
||Any other purposes that are recognised
as charitable|||1|-|10,000||
||under sub-section (4)|||||||
|||||43|38|246,000|255,000|
||Repayment
ofunused
donation||money||||(2,500)|
||Support and Governance
costs||(see note 8)|||32,538|33,422|
||Charitable
Activities|||43|38|278,538|285,922|
|8.|SUPPORT AND GOVERNANCE COSTS|||||||
|||||||2023|2022|
|||||||Total|Total|
||||||||6|
||Auditor's
remuneration|||||||
||-current year|||||10,800|10,000|
||-prior year under accrual|||||920|1,180|
||Legal and Professional|||||20,668|22,041|
||Bank Charges|||||150|201|
||ToCharitable
Activities|||||(32,538|(33,422)|
##
##
##
|Movement
in fixed asset invest|ments||||||
|---|---|---|---|---|---|---|
||Unlisted|Securities|Listed Securities||Total||
||2023|2022|2023|2022|2023|2022|
||6||||6||
|alance brou
tforward
8
gh|48,888|240,626|10,069,396|9,578,044|10,118,284|9,818,670|
|Add: Acquisitions
at cost|||599,419|1,609,069|599,419|1,609,069|
|Less Disposal Proceeds|(38,885)|(20,266)|(508,085)|(1,735,005)|(546,970)|(1,755,271)|
|Realised gain/ (loss) on disposals|37,007|(8,591)|1,633|121,803|38,640|113,212|
|Net gain/(loss)
on revaluation|41,561|(162,881)|(580,645)|495,485|(539,084)|332,604|
|Cash for Investment|||||186,566|289,151|
|Market Value at31March|88571|48+88|9581718|10~069396|9856+55|10+07~435|
|Historical Costs at 31March|90,130|259,432|9,293,925|9,080,988|9,384,055|9,340,420|
|Geographical
Analysis
United Kingdom investments|96|45,339|9,251,483|9,701,977|9,251,579|9,747,316|
|Oversea investments|88,475|3,549|330,235|367,419|418,710|370,968|
||88471|48488|9,581,718|10,069396|9,670489|10,118,284|
|Investment
Name||Holding|Value|
|---|---|---|---|
|||(in units)||
|Artemis Global Income|Fund|352,691|895,766|
|M&G Equity Investment|Fund for Charities|59,330|879,964|
|Rathbones
Ethical Bond|Fund|1,065,276|879,172|
|Charities Property Fund||673,269|850,877|
|Trojan Income Fund
Baillie Gifford Strat BD
TBailey Evenlode GBL|FD "B"(INC)
INC "F"GBP|462,675
835,758
403,836|804,638
612,026
586,492|
|0.ANALYSIS OF LIABILITIES||||
|Creditors falling due|within one year|||
|||2023|2022|
|||Total|Total|
|Accruals||25,669|25,891|
|||25,669|25,891|
##
##
##
|FUND ANALYSIS||||
|---|---|---|---|
||Unrestricted|||
||Expendable|Unrestricted|2023|
||Endowment|Income|Total|
|Investments|9,856,855||9,856,855|
|Cash atbank|52,625|69,491|122,116|
|Creditors||(25,669)|(25,669)|
||9,909,480|43,822|9,953,302|
||Unrestricted|||
|---|---|---|---|
||Expendable|Unrestricted|2022|
||Endowment|Income|Total|
|Investments|10,407,435||10,407,435|
|Cash atbank|2,530|59,126|61,656|
|Creditors||25,891|25,891|
||10,409,965|33,235|10+&,200|
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