## |**Trustees**|Charles Philip Lawrence Clayton| |---|---| ||Maxwell Brendan Jack| ||Dominic Hugh Neville Ogden| |**Charity number**|1159344| |**Principal address**|Alexandra House| ||St Johns Street| ||Salisbury| ||Wiltshire| ||SP1 2$| |**Independent examiner**|James Fletcher FCA| ||Fletcher & Partners| ||Crown Chambers| ||Bridge Street| ||Salisbury| ||SP1 2LZ| |**Solicitors**|Wilsons Solicitors LLP| ||Alexandra House| ||St Johns Street| ||Salisbury| ||Wiltshire| ||SP1 2S| |**Investment advisors**|Brewin Dolphin Limited| ||8 Waterloo Place| ||London| ||SW1Y4BE| ## ## ||**Page**| |---|---| |Trustees' report|1-2| |Independent examiner's report|3| |Statement offinancial activities|4| |Balance sheet|5| |Notes to the accounts|**6-** 10| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||**Unrestricted**|**Expendable**|**Total**|**Total**| |---|---|---|---|---|---| |||**funds**|**Endowment**||| ||||**funds**|**2023**|**2022**| ||**Notes**|£|£|£|£| |**Income from:**|||||| |Donations and legacies|2|28,918.01|2,681,351.05|2,710,269.06|| |Investments|3|55,737.88||55,737.88|24,078.02| |**Total income and endowments**||84,655.89|2,681,351.05|2,766,006.94|24,078.02| |**Expenditure on:**|||||| |Raisingfunds|**4**||20,042.13|20,042.13|8,571.46| |Charitable activities|**5**|753,114.00||753,114.00|100,703.00| |**Total resources expended**||753,114.00|20,042.13|773,156.13|109,274.46| |Transfer from Expendable endowment||668,458.11|(668,458.11)||| |Net gains/(losses) on investments|9||189,406.39|189,406.39|36,285.87| |**Net movement**in **funds**|||2,182,257.20|2,182,257.20|(48,910.57)| |Fund balances at 1 March 2022|||834,284.69|834,284.69|883,195.26| |Fund balances at 28 February 2023|||3,016,541.89|3,016,541.89|**834,284.69**| ## ## ## ||||**2023**||**2022**| |---|---|---|---|---|---| ||Notes|£|£|£|£| |**Fixed assets**|||||| |Investments|**1 O**||2,602,616.22||823,836.51| |**Current assets**|||||| |Debtors|**11**|**4,750.93**||**1,218.14**|| |Cash at bank and in hand||514,016.61||27,089.61|| |||518,767.54||28,307.75|| |**Creditors: amounts falling due within**|**12**||||| |**one year**||(104,841.87)||(17,859.57)|| |Net current assets|||413,925.67||10,448.18| |**Total assets less current liabilities**|||3,016,541.89||**834,284.69**| |**Capital funds**|||||| |Endowmentfunds - general|||3,016,541.89||834,284.69| |Incomefunds|||||| |Unrestricted funds|||||| ||||3,016,541.89||834,284.69| ## ## ## ## ## ## |||**Unrestricted**|**Endowment**||**Total**|**Total**| |---|---|---|---|---|---|---| |||**funds**|**funds**||**2023**|**2022**| ||||**general**|||| |||£|£||£|£| ||Donations and gifts|||||| ||Investments and investment cash||2,056,646.82|2,056,646.82||| ||Cash|28,918.01|**624,654.23**|653,572.24||| ||Miscellaneous receipt||50.00||50.00|| |||**28,918.01**|2,681,351.05|2,710,269.06||| |**3**|**Investments**|||||| |||||**2023**||**2022**| |||||£||£| ||Income from listed investments|||52,625.13|23,015.04|| ||Interest receivable|||1,367.30||| ||Accrued income|||1,745.45||1,062.98| |||||55,737.88|24,078.02|| |**4**|**Raising funds**|||||| |||||**2023**||**2022**| |||||£||£| ||Investment management|||20,042.13||8,571.46| |||||20,042.13||8,571.46| ## ## ## ## |||||**`2023`**|**`2022`**| |---|---|---|---|---|---| |||||£|£| ||Grant funding of activities (see note 6)|||747,000.00|95,000.00| ||Share of governance costs (see note 7)|||6,114.00|5,703.00| |||||753,114.00|100,703.00| |**6**|**Grants payable**||||| |||||**`2023`**|**`2022`**| |||||£|£| ||Grants to institutions (7 grants):||||| ||Medical / Health|||200,000.00|35,000.00| ||Community|||100,000.00|10,000.00| ||Overseas / Humanitarian|||150,000.00|40,000.00| ||Veterans|||297,000.00|10,000.00| |||||747,000.00|95,000.00| |7|**Support costs**||||| |||**Governance**|**`2023`**||**`2022`**| |||**costs**|||| |||£|£||£| ||Legal fees|4,416.00|4,416.00||4,224.00| ||Fletcher & Partners|1,698.00|1,698.00||1,464.00| ||Disbursements||||15.00| |||6,114.00|6,114.00||5,703.00| ||Analysed between||||| ||Charitable activities|6,114.00|6,114.00||5,703.00| ## ## ## ## |||**`2023`**|**`2022`**| |---|---|---|---| |||£|£| ||Revaluation ofinvestments|140,295.16|43,755.44| ||Gain/(loss) on sale of investments|49,111.23|(7,469.57)| |||189,406.39|36,285.87| |**`10`**|**Fixed asset investments**||| ||**Movement** in **fixed asset listed investments**||| |||2023|2022| |||£|£| ||Market Value as at 1March 2022|823,836.51|833,640.30| ||Donated investments and investment cash|2,056,646.82|| ||Acquisitions in year|830,105.53|59,417.23| ||Disposals in year at carrying value|(1,252,556.08)|(103,234.25)| ||Unrealised gain/(loss) on revaluation|140,295.16|39,411.70| ||Increase/decrease in investment cash|**4,288.28**|(5,398.47)| ||As at 28 February 2023|2,602,616.22|823,836.51| ||Historic cost as at 28 February 2023|2,354,476.35|719,284.89| ||Listed investments|2,575,850.66|801,359.23| ||Cash deposits|26,765.56|22,477.28| |||2,602,616.22|823,836.51| |**`11`**|**Debtors**||| |||**`2023`**|**`2022`**| ||**Amounts falling due within one year:**|£|£| ||Other debtors|4,750.93|1,218.14| |**`12`**|**Creditors: amounts falling due within one year**||| |||**`2023`**|**`2022`**| |||£|£| ||Other creditors|104,841.87|17,859.57| ## ## ## |13|Prior year statement offinancial activities|||| |---|---|---|---|---| |||Unrestricted|Expendable|| |||funds|Endowment|Total| ||||funds|2022| |||£|£|£| ||Income from:|||| ||Investments|24,078.02||24,078.02| ||Expenditure:|||| ||Raising Funds||8,571.46|8,571.46| ||Charitable activities|100,703.00||100,703.00| ||Total resources expended|100,703.00|8,571.46|109,274.46| ||Transferfrom Expendable endowment|59,974.29|(59,974.29)|| ||Net gains/(losses) on investments||36,285.87|36,285.87| ||Net movement in funds|(16,650.69)|(32,259.88)|(48,910.57)| ||Fund balances at 1 March 2021|16,650.69|866,544.57|883,195.26| ||Fund balances **at 28** February 2022||834,284.69|834,284.69|