2022-04-05-accounts - Dimitri Tiomkin Music

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Contents
Trustees Annual Report	and Statement	of Directors'	and Trustees'	Responsibilities
Independent Examiner's	Report to the	Trustees
Statement of Financial Activities
Balance Sheet
Statement ofcash flows
Notes to the Financial Statements

Settlor:				Olivia Cynthia Sholto Douglas
Governing	Document:			The principal governing document	is	a trust	deed dated 7
				October 2016. The trust is a private		charitable trust controlled			by
				its trustees.
Appointment		ofTrustees:		The trustee body has the power to	appoint		new trustees.
				The lay trustees rely on outside advisors as necessary.
Investment		Powers:		The Charity has power to do anything		which	is calculated	to further
				its object or is conducive or incidental		to doing so.
Management		and Control:
The charity		is controlled	by the trustees:-
				Olivia Cynthia Sholto Douglas
				Nicola Marguerite Hodge
				David George Jenner (retired 15'"	August 2022)

			2022	2021
			E	E
Net income/(expenditure) for the year			66,691	242,172
Adjustments for:
Net (gains)/losses on investments			(49,500)	(159,205)
Donated investment property				(70,000)
Interest and rents from investment			(4)	(491)
Dividends from investments			(97,340)	(37,160)
(Increase)/decrease in debtors			(4,738)	('I5,927)
Increase/(decrease) in creditors			(6,969)	1,643
Cash provided by operating activities			(91,860)	(38,968)
Cash flows from investing activities
Interest and rents from investment			4	491
Dividends and interest from the investments			97,340	37,160
Purchase of investments				(1,403,063)
Proceeds from the disposal of investments			4,587
Proceeds on the sale of donated property				300,000
Cash used in investing activities			101,931	(1,065,412)
Changes in cash and cash equivalents	in the	year	10,071	(1,104,380)
Cash and cash equivalents at the beginning		ofthe year	13,046	1,117,426
Cash and cash equivalents at the end ofthe		year (*)	23 117	13,046

4. Expenditure	on ch	arita	ble activitie	s
					2022	2021
					E
Expenditure on	charitable		activities includes:-
Grants payable					60,000
Other donations					1,000
Investment managers		fees			3,596	2,395
Governance costs
Independent Examination/Audit				and accountancy	2,000	2,500
Other					1,500	375
5. Fixed asset investments
					2022	2021
Market value at	6 April	2021			1,915,348	353,080
Additions						1,403,063
Disposals					(4,587)
Net investment	gains/(losses)				49,500	159,205
Market value at 5 April 2022					1,960,261	1,915,348
Investments in the UK					478,943	609,100
Investments outside the UK					1,481,318	1,306,248
6. Investment	property
					2022	2021
					E	E
Market value at	6 April	2021			70,000	300,000
Additions						70,000
Disposals						(300,000)
Market value at 5 April 2022					70,000	70,000