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|CONTENTS||
|---|---|
||Page|
|TRUSTEES' ANNUAL<br>REPORT|1-3|
|INDEPENDENT<br>EXAMINER'S REPORT||
|STATEMENT OF FINANCIAL ACTIVITIES||
|BALANCE SHEET||
|NOTES ON ACCOUNTS|7-9|





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|registered<br>charity, No. 1166909. The|registered<br>charity, No. 1166909. The|registered<br>charity, No. 1166909. The|registered<br>charity, No. 1166909. The|registered<br>charity, No. 1166909. The|ad|dress o|fthe Charity is 31|Hill|Street,|Londo|n, W1J 5LS.|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Principal aims and objectives||||||||||||
|The objectives||ofthe Charity as setout|||in|the Trust Deed are the advancement||||ofpublic benefit by such charitable||
|purposes as|the||Trustees|may decide,|in|particular:||||||
|- provision ofgrants||||to charities|principally||operating<br>in and|around Bethesda|||and Bangor, North Wales|
|-provision<br>of grants||||to educational||charities<br>in Jamaica||||||
|Trustees||||||||||||
|The following||people have||acted as Trustees of|||the charity during|the|year:|||
||||||||Richard Douglas|Pennant||||
||||||||Michael Armstrong|||||
||||||||Andrew<br>Penny (retired 26 October 2022)|||||
||||||||Suzanne<br>Williamson||(retired|26 October 2022)||
||||||||Emyr Wynne<br>Hughes||(appointed 26 October 2022)|||
||||||||Edward Charles Sample (appointed||||26 October 2022)|
|Professional||Advisors||||||||||
|Bankers:|||||||C Hoare &Co|||||
||||||||37 Fleet Street|||||
||||||||London|||||
||||||||EC4P 4DQ|||||
|Solicitors:|||||||Forsters LLP|||||
||||||||31 Hill Street|||||
||||||||London|||||
||||||||W1J 5LS|||||
|Accountant|and||independent<br>examfner:||||Hazlewoods<br>LLP|||||
||||||||Staverton<br>Court|||||
||||||||Staverton|||||
||||||||Cheltenham|||||
||||||||GL51 OUX|||||
|Stockbrokers:|||||||Quilter Cheviot|||||
||||||||One Kingsway|||||
||||||||London|||||
||||||||WC2B 6AN|||||



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|||||2922|2921|
|---|---|---|---|---|---|
||||Note|6|6|
|Fixed assets||||||
|Investments||||1,347,151|1,247,819|
|Current assets||||||
|Cash at bank||||15,047|36,009|
|Cash held by||stockbroker||12,275|57,676|
|||||27,322|93,685|
|Current<br>liabilities||||||
|Accruals||||7,205|5,328|
|||||(7,205)|(5,328)|
|Net current|assets|||20,117|88,357|
|Net assets||||1,367,268|1,336,176|
|Represented||by:||||
|Unrestricted|funds|||1,367,268|1,336,176|






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||(continued)|(continued)|(continued)|(continued)|||
|---|---|---|---|---|---|---|
|Charitable|activities expenditure||||2022<br>6|2021f|
|Grants|||||38,000|52,500|
|Accountancy|||||2,080|2,640|
|Legal and professional|||fees||14,670|13,152|
|Investment|management|||fees|8,079|6,829|
|Independent||Examiner's||remuneration|565|540|
|Bank charges|||||364|321|
||||||63,758|75,982|
|Net incoming||resources||for the year|||
|This is stated||after charging:|||2022<br>8|2021<br>6|
|Accountant's||remuneration|||2,080|2,640|
|Independent||Examiner's||remuneration|565|540|
||||||2,645|3,180|



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||The Charity<br>is a registered<br>gains.|The Charity<br>is a registered<br>gains.|charity and as such is not gen|erally<br>liable to taxation on its incom|e or capital|
|---|---|---|---|---|---|
|6|Fixed asset investments|||2022|2021|
|||||6|6|
||Market value at|6 April 2021||1,247,819|880,215|
||Additions<br>during|the period||111,391|265,689|
||Disposals<br>during<br>the period|||(65,939)|(114,264)|
||Equalisation|||(52)|(13)|
||Net unrealised|investment|(gain)/loss|53,932|216,192|
||Market value at 5April 2022|||1,347,151|1,247,819|
||Investment<br>summary|||||
||Quoted shares|||1,337,151|1,237,819|
||Unlisted shares|||10,000|10,000|
|||||1,347,151|1,247,819|





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