2023-04-05-accounts - The Edward Cadbury Charitable Trust

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				2023	2022
				Unrestricted	Total
				fund	funds
					E
INCOME AND ENDOWMENTS			FROM
investment income				1,401,287	1,217,461
Other income				1,000	24,250
Total				1,402,287	1,241,711
EXPENDITURE ON
Raising funds				175,361	194,537
Charitable activities
Grants payable				8S5,600	925,925
Support costs				76,846	70,341
Governance costs				4,800	4,680
Total				1,112,607	1,195,483
Net gains/(losses)	on investments			(5,311,740)	2,378,631
NET INCOME/(EXPENDITURE)				(5,022,060)	2,424,859
RECONCILIATION	OF FUNDS
Total funds brought		forward		5S,204,795	52,779,936
TOTAL FUNDS CARRiED FORWARD				50,182,735	55,204,795

			2023	2022
			Unr estricted	Total
			fund	funcls
		Notes
FIXEDASSETS
Investments			4&,897,140	54,387,514
CURRENT ASSETS
Debtors Cash at bank			140,241 1,193,854	88,783 780,201
			1,334,095	868,984
CREDITORS
Amounts falling due within one year			(48,500)	(51,703)
NET CURRENT ASSETS			1,285,595	817,281
TOTAL ASSETS LESSCURRENT LIABILITIES			50,182,735	55,204,795
NET ASSETS			50,182,735	55,204,795
FUNDS		15
Unrestricted	funds		50,182,735	55,204,795
TOTAL FUNDS			50,182,735	55,204,795

					2022
					f
Cash flows from operating	activities
Cash generated from operations			17	(1,166„248)	(1,243,691)
Net cash used in operating	activities			(1,166,248)	(1,243,691)
Cash flows from investing	activities
Purchase offixed asset investments Sale offixed asset investments				(9,678,065) 9,68S,875	(6,359,206) 5„968,986
Interest received				9,856	133
Dividends received				1,391,431	1,217,328
Net cash provided by investing activities				1,409,097	827,241
Change in cash and cash equivalents		in the
reporting period Cash and cash equivalents	at the beginning			Z42,849	(416,450)
ofthe reporting period				1,00Z,694	1,364,128
Cash and cash equivalents	at the end	of
the reporting period				1,245,543	1,002,694

	2023	2022
		f
Quoted investments —dividends Quoted investments -CPF Short term cash deposit interest	1,336,609 54,822 S,856	1,173,586 43,742 133
	1,401,287	1,217,461

CHARITABL	E ACTIVITIES COSTS
		Grant
		funding of
		activities	Support
		(see note	costs (see
		7) f	note 8) f	Totals f
Grants payable		855,600		855,600
Support costs			76,&46	76,&46
Governance	costs		4,&00	4,&00
		855,600	81,646	937,246
GRANTS PAYABLE
			2023f	2022 f
Grants payable			855,600	925,925

Total grants payable to institutions during the year were	as follows,
	2023	2022
	f
Arts and Culture
Aibany Theatre Trust		5,QQO
Armonico Consort Ltd	5,000
Birmingham Opera Company	3,000
Coventry City ofCulture Trust		25,000
Create (Arts) Ltd	3,000
Balance carried forward	11,000	30,000

				2023	2022
					E
Balance brought forward				11,000
Dyson Perrins Museum				5,000
Escape Arts				3,000
Handsworth St Mary				5,000
Frozen Light					3,000
Liberty Jamboree, i.ichfield					4,000
Lichfield Garrick Theatre					4,000
Open Theatre Company, Coventry				3,000
Royal Birmingham Society ofArtists					10,000
Sudden Productions					3,000
Plus 5/7 grants ofless than E3,000				7,000	12,250
Ackers Adventure, Birmingham					6,500
Ashbourne Methodist Church				5,000
Azad Kashmir Welfare Association,		Birmingham			3,0QQ
Batchley Support Group, Redditch				3,000
Bentley Beginnings					3,000
Birch Thompson Memorial Fund				5,000
Birmingham Disability Resource	Centre				5,000
Birmingham Jewish Community	Centre				5,000
Birmingham Scouts				3,000
Birmingham Settlement					50,000
Bournville Village Trust Lightmoor				2Q,OOO
Bournville Village Trust The Holdings				S,QOO
Branch Trust					10,000
British Disabled Angling Association				3,000	3,000
Burton upon Trent YMCA				5,000
Canon Pyon Playing Fields Association,			Hereford	3,000
Checkley Parish Community Hall,	Stoke			3,000
Corpus Christi Church, Stechford				3,000
Coventry Boys and Gilrs Club				3,000
Coventry Vineyard					3,500
Crawshawbooth Meeting House					5,000
Dads Lane Community Association,		Birmingham			5,000
Derby TocH Children's Camp				3,000	4,000
Dodford Children's Farm, Bromsgrove					5,000
Donnington Partnership CIO				3,000
EKTA Unity Voluntary Organisation					3,00Q
Family Action					3,000
Family Fund Trust					5,QQQ
Gospel Oak Community Forum, Birmingham					3,000
Hazelwetl Church, Kings Heath					3,000
Helping Hands Community, Leamington					3,000
Henry				3,000
Home Start Wyre Forest				5,000
Balance carried forward				109,000	194,250

				2023	2022
				E	E
Balance brought forward				M9,000	194,250
Home Start Banbury, Bicester, Chipping			Norton	3,000
Home Start North West				5,0DO
House on the Corner Community		Project		3,0OD
Inside-Out Derby (StPeter's in the		City)			3,000
KIDS				5,000
Kings Heath Boys Charitable Trust					S,000
Marine Society and Sea Cadets					25,000
Muslim Educational Consultative	Committee			5,000
Newbigin Community Trust					3,000
New Life Church, Warwick					5,000
Open Door Community Foundation					5,000
Parish ofStudley with Mappieborough			Gi'een		3,000
Peter le Marchant				3,000
Quakers in Britain					3,000
Quinborne Community Association				5,000
Redeemer Church Birmingham				3,000	3,000
Redeeming Our Communities					5,000
Rugby Baptist Church				3,000
Saathi House, Aston					3,000
StAgatha's Church, Sparkbrook				5,DOO
StAndrew's Church Hall, Bromsgrove					3,000
StAndrew's Church, Shifnal					3,000
St Elizabeth's Presbytery, Coventry					5,000
St Germain's Church, Edgbaston					5,000
StJohn the Baptist Church, Claines				3,000
StJohn's Church, Donisthorpe				3,00D
St Peter's Walsall PCC				5,000
St Paul's Bordesley Green					3,000
Volunteering Matters				3,000
Walsatl Society for the Blind				3,000
Wali Heath Evangelical Church					5,000
West Mercia Women's Aid					3,000
8th Wolverhampton Scout Group					3,000
YMCA Sutton Coidfield					5,000
Youth for Christ				5,000
Plus 23/6 grants ofless than E3,000				36,6DO	9,500
Conservation and Environment
Birmingham Cathedral					10,000
Buglife - The Invertebrate Conservation			Trust	3,500
Clean Rivers Trust					5,000
Dyson Perrins Royal Worcs Museum					5,000
EnviroAbility, Ross-on-Wye					3,000
Evesham Abbey Trust					5,000
Future Trees Trust				5,000
Balance carried forward				216,100	329,750

	2023	2022
		E
Balance brought forward	216,100	329,750
Holy Trinty Church, Bosbury Leeds/Settle MM: Airton Property Trust Lichfiefd Cathedral Lichfieid Waterworks Trust	5,00Q	5,000 5,000 10,000
Lord Leycester Hospital Museum ofCarpet Norton Juxta Twycross Church Progressive Farming Trust Quaker Tapestry Meeting House, Kendaf Shrewsbury Abbey Society ofFdends Qswestry Building Fund Staffordshire Wildlife Trust St Bartholomew's Church, Lower Sapey St Helen's Church, Worcester St Margaret Collegiate Church Plus 4/1 grants ofless than E3,000	3,000 3,000 5,500	10,000 3,000 5,000 5,000 20,000 10,000 5,000 4,000 10,000 100
Com assionate Su ort
ARCQS Acacia Family Support Action for Pulmonary Fibrosis Alice (Relief of Poverty} Autistica Beyond the Horizon Charity	3,000 3,000	5,000 5,000 5,000 10,000
Birmingham City Mission Bone Cancer Research Trust Bournville Village Trust "Wefl Winter Campaign"	10,000	3,000 5,000
Brecon Mountain Rescue Castei Froma Neuro Care	50,00Q	5,000
Changing Faces Chris Westwood Charity Coroners' Courts Support Services	3,000 3,000 3,QOO	3,000
Coventry Resource Centre for the Blind Crohn's and Colitis UK	5,000	3,000
Cruse Bereavement Care Cruse Bereavemenr Support South Staffordshire	3,500	5,000
Cyclists Fighting Cancer Cystic Fibrosis Trust Deafblind UK	5,000	3,000 5,000
Disasters Emergency Committee (DEC}	35,000
Dementia UK	5,000
ECPAT UK
ECHO for Extra Choices in Herefordshire	5,0QO
Edith Caveil Nurses Trust Famiiy Action	3,000	5,000
Balance carried forward	369,100	486,850

				2023	2022
				E	E
Baiance brought forward				369,100	486,850
Father Hudson's Society					50,000
Fitzroy Support				10,000
Gilgal Birmingham					7,5QO
Haemophilia Society				3,000
Haven, Wolverhampton					5,QQO
Hearing Dogs for Deaf People				3,000
Helping Angels Charitable	Association Staffordshire			3,00D
Home from Hospital Care					5,000
Hope House Children's Hospices, Shropshire				3,000
Hospice Charity Partnership Huntingdon's Disease				5,000 3,0DO	5,000
inspire Foundation				10,000
Katharine House Hospice					4,000
Look Good Feel Better Mary Stevens Hospice, Stourbridge					3,000 5,000
Myriad Centre				50,000
National Association ofChild Contact Centres National Axial Spondyloarthritis Society					3,000 4,0OO
NMC Midlands {Musclar Dystrophy			Centre)	3,0DO
Gmega Orthopaedic Institute Limited Oxford Hospitals Charity				5,000	3,000 3,5OO
Parenting Mental Health				3,000
Primrose Hospice, Bromsgrove					S,OOQ
Railway Children				3,DDO
Revitalise Respite Holidays Re-engage				3,000	3,000
Roald Dahl's Marvellous Children's Salus Fatigue Foundation			Charity	5,0DO	S,OOO
Samaritans Shrewsbury				3,000
Sandwell Advocacy				3,00D
Severn Angels Housing and Stroke Association	Support			6,00D 3,500
St George's House Charity				S,OOO
StGermain's Church				5,000
St Martin's Church for Health g.Wellbeing				5,000
St Richard's Hospice				75,000
Spinal Muscular Atrophy UK					5,000
University Hospitals Birmingham		Charity			10,000
Wellbeing ofWomen				5,000
West Mercia Rape and Sexual Abuse			Support	4,000
Wolverhampton Samaritans				5,000
Worcester Community Foundation				20,000
Worcester Samaritans				3,000
World Vision				10,000
Balance carried forward				633,600	612,850

					2023	2022
					f	f
Balance brought forward					633,600	612,85Q
Plus 13/12 grants ofless than f3,000					20,500	11,803
Educatfon and Tfainln
Anne Frank Trust					3,000
Archbishop ofYork Trust Beating Time	IMidlandsj				3,000	3,000
Birch Thompson Memorial	Fund					5,000
BME United Limited, Wolverhampton Chance to Shine						4,000 3,000
City Year UK						5,000
Climbing Out CGGS Prepares 4 Life					3,000	3,0QQ
Criminon UK					3,000
Dodford Children's Farm,	Bromsgrove				S,OOO
Epic Partners					3,0DO
First Give Foundation for Conductive	Education				3,000 5,000	3,000
INSIGHT Counselling, Coaching and Su It's a Penalty iTSchools Africa Jamie's Farm, Hereford Jericho Foundation				pport	3,000 S,OQD 25,00Q	5,00Q 5,000
KIDS Level Water					3,000	5,000
Listening Books Message Trust					3,0DO	3,000
National Literacy Trust National Star College					3,000	3,000 50,000
New College Worcester						50,000
New Model Institute for Technology The Percival Guildhouse		a	nd Engineering			12,000 5,000
Peacemakers					5,000
Peter Pan Centre for Children					3,000
Prisoners' Education Trust					5„000	5,000
Ruskin MIII Trust: Sunfield School						50,000
Sea Cadets Shirley and District						5,000
Services for Education						3,000
Shannon Trust					5,000
Smart Works Birmingham					3,000
Sophie Hayes Foundation						5,000
Steps Conductive Education	Centre
Street League Street Teams					3,000	3,000
St Michael on Greenhili, Lichfield Talent-Ed Education						4,000 3,000
Balance carried forward					748,100	866,653

			2023	2022
			f
Balance brought forward			748,100	866,653
Victoria College (sensory garden) Whitemoor Lakes				5,000
Wildgoose Rural Training Working Options in Education Worth Foundation YHA (England and Wales) Young Women's Trust Young People First, Warwickshire Plus 6/4 grants ofless than f3,000			5,000 12,5DD	S,OOQ 3,000 3,000 S,OOO 3,000 S,OOQ 8,2?2
Research
British Heart Foundation
DEBRA Diabetes UK Heart Research UK			25,0DD 10,DDD	1O,OOQ 10,000
Worldwide Cancer Plus 0/1 grant of!ess than f3,000			5,000	2,000
Other
The Edward and Dorothy Cadbury Trust			50,000
Total of161/1SBgrants payable			855,600	925,925
SUPPORT COSTS
		Information	Governance
Management f	Finance f	technology f	costs f	Totals f
Support costs Governance costs 74,935	122	1r789	4,800	76,846 ' 4,800
74,935	122	1,789	4,80D	81.,646

		2023	2022
		Support	Total
		COStS	activities
		f
Vyages Social security Pensions Rent Insurance Telephone		60,877 2,497 5,840 9,595 6,007 930	55,932 2,498 5,615 9,250 5,445 967
Postage and stationery Subscriptions		1,216 98	1,251 173
Legal and professional Sundries Administration fee		1,327 1,548 (15,000)	1,334 1,642 t14,320}
		74,935	69,787
FINANCE
		2023	2022
		Support	Total
		costs	activities
		f	E
Bank charges		122	12&
INFORMATION	TECHNOLOGY
		2023	2022
		Support	Total
		costs	activities
		f	f
ITcosts		1,789	426

GOVERN	ANCE COSTS
					2023	2022
					Governance	Total
					costs	activities
Auditors' Auditors'	remuneration remuneration	for	non-audit	work	4,080 720	E 3,960 720
					4,800	4,680

		2023	2022
			E
Wages Social Other	and salaries security costs pension costs	60,877 2,497 5,840	55,932 2,498 5,615
		69,214	64,045

	2023	2022
Management	1	1

E60,000	-	E70,000	2023 1	2022

	2023	2022
		f
Market value at 6April 2022 Additions at cost Sale proceeds on disposal Gains(loss) in the year:	54,165,021 9,678,065 (9,68S,875}	51,396,170 6,359,206 (5,968,986)
-realised and unrealised	(5,311,740}	2,378„631
Cash on deposit as at 5April 2023	48,845,471 51„669	54,165,021 222,493
Market value at 5 April 2023	48,897,140	54,387,514
Historic cost at 5April 2023	44,399,300	43,952,762
ANALYSIS OF INVESTMENTS
	2023	2022
	f	f
UK gilts
UK quoted equities Non-UK quoted equities and bonds UK quoted bonds Cash	21,376,268 24,651,232 2,817,971 51„669	25,185,310 26,339,269 2,640,442 222,493
	48,897,140	54,387,514

14.	CREDITORS:	AMOUNTS FALLING DUE WITH	IN ONE YEAR
					2023	2022
	Other creditors				48,500	E 51,703
15.	MOVEMENT	IN FUNDS
					Net
					movement	At
				At 6.4.22	in funds	5.4.23
				E	E
	Unrestricted	funds
	General fund		55,204,795		(5,022,060)	50,182,735
	TOTAL FUNDS		5S,204,'795		(S,D22,060)	50,182,735

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds	E	E	E	E
General fund		1,402,287	(1,112,607)	(5,311,740)	(5,022,060)
TOTAL FUNDS		1,402,287	(1,112,607)	(5,311,740)	(S,D22,060)

		incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds	E	E	E	E
General fund		1,241,711	(1,195,483)	2,378,631	2,424,859
TOTAL FUNDS		1,241,711	(1,195,483)	2,378,631	2,424,859

			Net
			movement	At
		At 64.21	in funds	5.4.23
Unrestricted	funds	E	E
General fund		52,779,936	(2,59?,201)	50,182,735
TOTAL FUNDS		52,779,936	(2,597,201)	50,182,735

		incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds	E	E	E	E
General fund		2,643,998	(2,308,090)	(2,933,109)	(2,597,201)
TOTAL FUNDS		2,643,998	(2,308,090)	(2,933,109)	(2,597,201)

RECONCILIATION OF NET (EXPENDITURE)/INCOME	RECONCILIATION OF NET (EXPENDITURE)/INCOME	TO NET CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
			2023	2022
Net (expenditure)/Income for the reporting Statement ofRnancial Activities) Adjustments for:	period	(as per the	(5,022,060)	E 2,424,859
Losses/(gain) on investments Interest received Dividends received Increase in debtors Decrease in creditors			5,311,740 (9,S56) (1,391,431) (51,438) (3,203)	(2,378,631) (133) (1,217,328) (7,753) (64,705)
Net cash used in operations			(1,166,24&)	(1,243,691)
ANALYSIS OF CHANGES IN NET FUNDS
		At' 6.4.22	Cash flow	At 5.4.23
Net cash				f
Cash at bank Cash with investment manager		7S0,201 222,493	413,653 (170,S24)	1,193,854 51,669
		1,002,694	242,829	1p245,523
Total		1,002,694	242,829	1,245,523

	2023	2022
	f	E
Within one year Between two and fve years	4,&14	2,965
In more than five years
	4,814	2,965