##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||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|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|