| Planet | Carbon footprint | |
|---|---|---|
| i | Carbonemissions:anaggregateoftheannualscope 1 and2carbonemissions(intonnes) thatcanbe attributedto yourholdingsofthe companies inwhichyouareinvested. Forcomparison,an average passengervehicleemits 5tonnesofCO2eachyear,anaveragehome emits9tonnesofCOeahyearand _a_flightfrom Londonto NewYorkisequivalentto 1tonneofCO2emissions. |
1,692 +ones otco2 vs benchmark 2,829 tonnes of CO2 |
| Peoplet | Social dividend:theoverallsocialcontribution ofthecompaniesinwhichyouareinvested, expressedasa percentageof sales. Forexample,ascoreof+2%means thattheportfolioadds$2 ofbenefitstosocietyfor every$100ofsales.Thesocialcontributionofbusinessthatwevalueaspartofthis scoreincludesaspets suchasfair work,tax,medicineprovision,financial indusionandaccesstowater. |
Social dividend 2.9%p.a. vs benchmark -1.5% p.a. |
| 2022 | 2021 | ||
|---|---|---|---|
| Total | Total | ||
| Funds | Funds | ||
| Note | £ | £ | |
| Income | |||
| Investment income | 2 | 1,174,434 | 1,307,599 |
| Total income | 1,174,434 | 1,307,599 | |
| Expenditure | |||
| Costsof raising funds | |||
| Investment management costs | 3 | 246,353 | 228,338 |
| Expenditure on charitable activities: | |||
| Educational Institutions/Associations/ Charitable Trusts | 4 | 1,734,416 | 2,849,570 |
| Competitions and prizes | 4 | 45,300 | 78,618 |
| Total expenditure on charitable activities | 1,779,716 | 2,928,188 | |
| Total expenditure | 2,026,069 | 3,156,526 | |
| Net expenditure before gains and losses | (851,635) | (1,848,927) | |
| Net gainson investments | 9 | 3,916,666 | 10,685,223 |
| Net income and net movement in | |||
| funds for the year | 12 | 3,065,031 | 8,836,296 |
| Reconciliation of Funds | |||
| Total Funds Brought Forward | 63,025,080 | 54,188,784 | |
| Total Funds Carried Forward | 12,13 | 66,090,111 | 63,025,080 |
| 2022 | 2021 | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| Note | Funds | Funds | |
| £ | £ | ||
| Cash used in operating activities | 16 | (3,001,035) | (2,175,041) |
| Cash flows from investing activities: | |||
| Investment income | 1,174,434 | 1,307,599 | |
| Purchase of investments | (12,919,318) | (39,519,566) | |
| Proceeds of disposalsof investments | 14,528,257 | 40,495,843 | |
| Payments to investment portfolio cash | (63.768) | (130,567) | |
| Cash provided by investing activities | 2,719,605 | 2,153,309 | |
| Decrease in cash and cash equivalents in the year | (281,430) | (21,732) | |
| Cash and cash equivalents at the beginning ofthe year | 532,662 | 554,394 | |
| Total cash and cash equivalents at the end of the year | 251,232 | 532,662 | |
| Cash balance comprises | |||
| Cash at bank | 251,232 | 532,662 |
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| 2 | Investment income | ||
| Listed investments | 1,174,430 | 1,307,561 | |
| Interestfrom cash deposit | 4 | 38 | |
| Total investment income | 1174 434 | 1.307 599 | |
| 2022 | 2021 | ||
| 3 | Costs of raising funds | £ | £ |
| Investment Management Fees | 246,353 | 228,338 |
| Costsof grantmaking | ||
|---|---|---|
| Educational Institutions | 1,734,416 | 2,849,570 |
| Competitions and prizes | 45,300 | 78,618 |
| 1,779,716 | 2,928,188 | |
| Grants committed but not paid at start of year | (1,028,000) | (48,000) |
| Grants paid during the year | 2,584,033 | 1,763,985 |
| Grants committed but not yet paid at end of year | 25,500 | 1,028,000 |
| Grants awarded during the year | 1,581,533 | 2,743,985 |
| Grants awarded and paid during the year(pages 66 to 67) | 1,558,033 | 1,715,985 |
| Grants committed in yearbut not yet paid at end ofyear | 25,500 | 1,028,000 |
| Grant awarded in 2021 written back | (2,000) | |
| Support and governance costs (see note 5) | 198,183 | 184,203 |
| Total cost of charitable activities | 1779716 | 2,928,188 |
| Educational | Competitions | ||||
|---|---|---|---|---|---|
| Institutions | and prizes | £ | |||
| 5 | Support and governance costs | ||||
| Accountancyfees | 9,154 | 144 | 9,298 | ||
| Audit fees | 10,161 | 159 | 10,320 | ||
| Legal and Professional | 1,920 | 30 | 1,950 | ||
| General office expenses | 8,418 | 132 | 8,550 | ||
| Office rental | 33,044 | 518 | 33,562 | ||
| Staff costs and emoluments | 132,426 | 2,077 | 134,503 | ||
| 195,123 | 3,060 | 198,183 | |||
| 2021 | |||||
| Accountancyfees | 8,676 | 191 | 8,867 | ||
| Audit fees | 9,510 | 210 | 9,720 | ||
| Legal and Professional | |||||
| General office expenses | 4,863 | 107 | 4,970 | ||
| Office rental | 33,614 | 741 | 34,355 | ||
| Staff costs and emoluments | 120,513 | 2,658 | 123,171 | ||
| 180,229 | 3,974 | 184,203 | |||
| 2022 | 2021 | ||||
| Audit feescomprise: | £ | £ | |||
| Audit fee | 10,320 | 9,720 | |||
| 6 | Staff costs and emoluments | £ | £ | ||
| Salariesand fees | 119,072 | 108,206 | |||
| Social Securitycosts | 4,196 | 3,946 | |||
| Pension costs | 10,416 | 10,200 | |||
| Healthcare | 819 | 819 | |||
| 134,503 | 123171 |
| 7 | Pension Costs | |||||
|---|---|---|---|---|---|---|
| The charity's contribution forthe period to the scheme is asfollows: | ||||||
| 2022 | 2021 | |||||
| £ | £ | |||||
| Staff pension contribution | 10 416 | 10,200 | ||||
| 8 | Tangible Fixed Assets | Computer | 2022 | |||
| Equipment | Total | |||||
| £ | £ | |||||
| Cost | ||||||
| As at 1 April 2021 and 31st March 2022 | 199 | 199 | ||||
| Depreciation | ||||||
| As at 1 April 2021 and 31st March 2022 | 199 | 199 | ||||
| Net BookValue | ||||||
| As at 1 April 2021 and 31st March 2022 | ||||||
| 2022 | 2021 | 2021 | ||||
| 9 | Investment assets | £ | £ | £ | £ | |
| Listed investments | ||||||
| Market value at 1 April 2021 | 62,815,058 | 53,106,112 | ||||
| Additions during the year at cost | 12,919,318 | 39,519,566 | ||||
| Disposal proceeds | (14,528,257) | (40,495,843) | ||||
| Realised Gains | 870,686 | 3,149,359 | ||||
| Un-realised gains | 3,045,980 | 7,535,864 | ||||
| 3,916,666 | 10,685,223 | |||||
| Market value at 31st March 2022 | 65,122,785 | 62,815,058 | ||||
| Cash held for Investment | 769,883 | 706,115 | ||||
| Total Investment value at 31st March 2022 | 65,892,668 | 63,521,173 | ||||
| Investment at market value comprised of: | ||||||
| UK | Overseas | Total | Total | |||
| £ | £ | £ | £ | |||
| Pooled Investment Vehicles | 21,337,616 | 38,209,961 | 59,547,577 | 56,938,685 | ||
| Fixed Interest Securities | 1,645,852 | 3,929,356 | 5,575,208 | 5,876,373 | ||
| Cash | 769,883 | 769,883 | 706,115 | |||
| 23,753,351 | 42,_139,317 | 65,892,668 | 63 521 173 | |||
| Historical Cost of Investments | 54,343,002 | 54 583 096 | ||||
| All the Trust's Investments are held in the United Kingdom. |
| 2022 | 2021 | ||
|---|---|---|---|
| 1 O Debtors and prepayments | £ | £ | |
| Interest and dividends receivable | 38,738 | 57,580 | |
| Sundry debtors | 16,158 | 16,708 | |
| 54,896 | 74,288 | ||
| 2022 | 2021 | ||
| 11 Creditors: amounts falling due within one year | £ | £ | |
| Accruals | 75,905 | 74,176 | |
| Grants payable | 25,500 | 1,028,000 | |
| Sundry creditors | 7,280 | 867 | |
| 108,685 | 1,103,043 | ||
| 2022 | 2021 | ||
| 12 Unrestricted Funds | £ | £ | |
| General Funds | |||
| Balance at 1 April 2021 | 63,025,080 | 54,188,784 | |
| Increase during the year | 3,065,031 | 8,836,296 | |
| Balance at 31 March 2022 | 66,090,111 | 63,025,080 | |
| 13 Analysis of Net Assets Between Funds | Investments | Net Current& | 2022 |
| Fixed Assets | Total | ||
| £ | £ | £ | |
| Unrestricted Funds | 65,892,668 | 197,443 | 66,090,111 |
| 65,892,668 | 197,443 | 66,090,111 | |
| Investments | Net Current | 2021 | |
| Liabilities & | |||
| Fixed Assets | Total | ||
| £ | £ | £ | |
| Unrestricted Funds | 63,521,173 | (496,093) | 63,025,080 |
| 63,521,173 | (496.093) | 63,025,080 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Net movement in funds | 3,065,031 | 8,836,296 |
| Deduct interest income shown in investing activities | (1,174,434) | (1,307,599) |
| Deduct gains on investments | (3,916,666) | (10,685,223) |
| Decrease_I_ (increase)in debtors | 19,392 | (638) |
| (Decrease)I increase in creditors | (994.358) | 982,123 |
| Net cash used in operating activities | (3,001,035) | (2,175,041) |
| All SaintsAcademy Plymouth | 37,968 | ||
|---|---|---|---|
| Apprenticeships in Scotland CIC | 5,000 | ||
| Artichoke | 2,300 | ||
| Be Inclusive HospitalityCIC | 10,000 | ||
| Beresford Street Kitchen | 4,500 | 9,750 | |
| Beyond Food Foundation | 12,500 | 12,200 | |
| Big Education Trust | 4,500 | ||
| Bristol Free School | 49,263 | ||
| British Nutrition Foundation | 15,000 | ||
| Broadland High Ormiston Academy | 54,550 | ||
| Brookvale Groby Learning Trust | 16,000 | ||
| Bury College | 120,000 | ||
| CallanderYouth Project | 17,443 | ||
| Camelsdale Primary School | 400 | ||
| Cavendish School | 75,000 | ||
| CityCollege Plymouth | 17,649 | 11,766 | |
| Clevedon School | 30,530 | ||
| Cook School | 4,500 | ||
| Coundon Court School | 7,697 | ||
| Craven College | 60,000 | ||
| Dumfries&GallowayCollege | 14,046 | ||
| Esher High School | 3,669 | ||
| Farnborough College of Technology | 22,608 | ||
| FarneyClose High School | 16,750 | ||
| Feasted CIC | 4,490 | ||
| Featherstone Primary and Nursery School | 4,500 | ||
| Feed the Hungry | 4,500 | ||
| Folkestone College | 60,000 | ||
| Framingham Earl High School | 15,680 | ||
| Great Yarmouth CharterAcademy | 18,600 | ||
| Greater ManchesterAcademiesTrust | 68,000 | ||
| Grimsby Institute of Furtherand Higher Education | 1,000 | ||
| Hele's School | 64,777 | ||
| HospitalityAction | 150,000 | 50,000 | |
| Hospitality Health | 4,500 | ||
| Hospitality Industry Trust (HIT) Scotland | 30,000 | 30,000 | |
| Hospitality Professionals Association (HOSPA) | 12,300 | ||
| Hotel School | 61,000 | ||
| Inspired CommunityGroup CIC | 4,500 | 4,500 | |
| Institute of Hospitality | 10,152 | ||
| Launceston College | 60,000 | ||
| Learn Resilience | 11,450 | ||
| Litcham School | 60,000 | ||
| Longfield Academy | 50,732 | ||
| Loughborough College | 29,755 | ||
| Mayfield School | 44,132 | ||
| Merton College | 500 | ||
| Mission EmployAble | 10,000 | ||
| Mullion School | 55,000 | ||
| North Halifax GrammarSchool | 43,342 | ||
| Orchard Hill College Academy- returned grant | (40,000) | ||
| Oxford Brookes University | 2,000 | ||
| Oxford Cultural Collective Trust | 22,500 | ||
| Plympton Academy | 27,196 | ||
| Plymstock School | 69,514 | ||
| POP Recs CIC | 24,669 | ||
| Prisoners Education Trust | 3,766 | ||
| Ringwood School | 55,000 | ||
| Riverside College | 6,757 | 5,636 | |
| Room to Reward | 3,000 | ||
| RothesayAcademy | 4,433 | ||
| Royal Academyof Culinary Arts 'Adopt-A-School'Trust | 77,905 | ||
| Runshaw College | 2,650 | ||
| Sandbach School | 9,376 | 45,000 | |
| Carried forward | 945,749 | 972,652 |
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| **GRANTS-EDUCATIONAL INSTITUTIONS/ASSOCIATIONS/CHARITABLE ** | TRUSTS (continued) | ||
| Brought forward | 945,749 | 972,652 | |
| SettlebeckSchool | 30,000 | ||
| Shiva Foundation | 4,304 | ||
| SirJohn LawesSchool | 45,000 | ||
| South Devon College | 23,066 | 14,300 | |
| Spitalfields Crypt Trust | 4,500 | 4,300 | |
| Square Food Foundation | 4,500 | 1,489 | |
| St. Aidan'sCE High School | 1,800 | ||
| St. John FisherCatholicChurch | 33,568 | ||
| St. Joseph's RC School | 55,000 | ||
| St. Mary's CatholicPrimary School | 4,500 | ||
| Stamford Welland Academy | 3,400 | ||
| Storrington Primary School | 10,000 | ||
| Tameside College | 4,500 | ||
| Team Domenica | 4,500 | 4,500 | |
| The Ashcombe School | 60,000 | ||
| The AvenuesYouth Project | 4,500 | ||
| The Burnt Chef Project | 19,440 | ||
| The Centre School | 4,143 | ||
| The Charles DickensSchool | 60,000 | ||
| The CooperSchool | 40,000 | ||
| The Crumbs Project | 4,500 | ||
| The DeepingsSchool | 12,000 | ||
| The Federation Café | 1,298 | ||
| The Food Teacher | 1,200 | ||
| The Forest School | 60,000 | ||
| The House of St Barnabas | 4,500 | 4,500 | |
| The Hundred of HooAcademy | 70,150 | ||
| The McAuleyCatholic High School | 1,592 | ||
| The Reach Free School | 556 | ||
| The Springboard Charity | 110,000 | ||
| The St. Marylebone CESchool | 2,924 | ||
| The Worshipful Co of lnnholders | 50,000 | ||
| Trafford College | 75,000 | ||
| UniversityCollege Birmingham | 30,000 | 57,495 | |
| Universityof Essex | 9,000 | ||
| UniversityofSurrey | 41,200 | 41,200 | |
| Wakefield College | 24,375 | ||
| Waltham Forest College | 52,000 | ||
| Well Grounded | 4,500 | ||
| West College Scotland | 19,950 | 25,370 | |
| West Faversham Community Association | 5,570 | ||
| West London College | 31,000 | ||
| West Nottinghamshire College | 53,796 | ||
| Wyedean School | 37,000 | ||
| 1,533,613 | 1656774 | ||
| GRANTS-COMPETITIONS & PRIZES | |||
| British Culinary Federation | 5,000 | ||
| Institute of Hospitality | 4,420 | ||
| Nestle UKLtd forToque D'Or | 11,000 | 10,250 | |
| The Craft Guild of Chefs | 4,000 | 6,000 | |
| The Springboard CharityFutureChef Programme | 40,961 | ||
| UniversityCollege Birmingham - UCBYoung Chef ofthe Year" | 2,000 | ||
| 24420 | 59.211 | ||
| GRANTS AWARDED AND PAID DURING THE YEAR | 1,558,033 | 1,715,985 | |
| Grants awarded in 2021 and paid in 2022 | 1,026,000 | 48,000 | |
| GRANTS PAID DURING THE YEAR | 2,584,033 | 1763985 | |
| GRANTS AWARDED AND NOT PAID AT THE END OF THE YEAR | |||
| Middlesex University | 3,500 | ||
| Oxford Cultural Collective Trust | 17,500 | ||
| Saira Hospitality | 4,500 | ||
| The Geoffrey Harrison Foundation | 18,000 | ||
| The Springboard Charity | 1,000,000 | ||
| UniversityofWest London Scholarship Scheme | 10,000 | ||
| 25,500 | 1,028,000 |