| Trustees | ||||||
|---|---|---|---|---|---|---|
| Mr M W Plant | ||||||
| Mrs EV Ballard | ||||||
| Mrs LA Plant | ||||||
| Charity number | 1173614 | |||||
| Principal | address | 11 Lodge Close | ||||
| Wribbenh all | ||||||
| Bewdley | ||||||
| Worcestershire | ||||||
| United Kingdom |
||||||
| DY12 1DN | ||||||
| Independent | examiner | Ormerod Rutter Limited |
||||
| The Oakley | ||||||
| Kidderminster | Road | |||||
| Droitwich | ||||||
| Worcestershire | ||||||
| WR9 9AY | ||||||
| Bankers | CAF Bank | |||||
| 25 Kings Hill Avenue |
||||||
| Kings l-lill |
||||||
| West Mailing | ||||||
| Kent | ||||||
| ME194JQ | ||||||
| Solicitors | ||||||
| Thursfields | ||||||
| 14Church Street | ||||||
| Kidder minster | ||||||
| Worcester | ||||||
| DY102AH | ||||||
| Investment | advisors | True Potential | Wealth Management | LLP | ||
| Gateway West | ||||||
| Newbury West |
||||||
| Newcastle Upon |
Tyne | |||||
| NE15 8NX | ||||||
| Brewin Dolphin | Limited | |||||
| The Paragon | ||||||
| Counterslip | ||||||
| Bristol | ||||||
| BS16BX |
| Page | |||||
|---|---|---|---|---|---|
| Trustees' | report | 1-3 | |||
| independent | examiner's | report | |||
| Statement | of | tinancial | activities | ||
| Balance sheet | |||||
| Notes to the | financial statements | 7-14 |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2023 | 2022 | ||||
| Notes | R | ||||
| Income from: | |||||
| Donations and legacies |
185,000 | ||||
| Investments | 28,719 | 23,683 | |||
| Total income | 28,719 | 208,683 | |||
| Expenditure on: |
|||||
| Raising funds | 17,380 | 19,741 | |||
| Charitable activities |
1,921 | 2,510 | |||
| Total expenditure | 19,301 | 22,251 | |||
| Net losses on investments | 10 | (38,472) | (34,083) | ||
| Net income and movement | in funds | 9,418 | 186,432 | ||
| Reconciliation | offunds: | ||||
| Fund balances at 1 June 2022 | 1,179,125 | 1,026,776 | |||
| Fund balances | at 31 May 2023 | 1,150,071 | 1,179,125 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | |||||||
| Fixed assets | |||||||
| Investments | 12 | 1,010,230 | 1,060,063 | ||||
| Current assets | |||||||
| Cash at bank and in | hand | 141,149 | 120,262 | ||||
| Creditors: amounts | falling due within | 13 | |||||
| one year | 1,308 | 1,200 | |||||
| Net current assets | 139,841 | 119,062 | |||||
| Total assets less current | liabilities | 1,150,071 | 1,179,125 | ||||
| The funds ofthe trust | |||||||
| Unrestricted funds |
1,150,071 | 1,179,125 | |||||
| 1,150,071 | 1,179,125 |
| 3 | Income fro | m donations | and legacies | ||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| 2023f | 2022 | ||||
| Legacies receivable | 185,000 | ||||
| 4 | Income from investments | ||||
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| 2023 | 2022 | ||||
| Investment | income | 28,536 | 23,683 | ||
| Interest receivable | 183 | ||||
| 28,719 | 23,683 | ||||
| 5 | Expenditure | on raising | funds | ||
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| 2023 | 2022 | ||||
| R | |||||
| Investment | management | fee | 17,380 | 19,741 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| f: | K | ||||
| Bank charges | 67 | 100 | |||
| Sundry office expenditure | 546 | 1,210 | |||
| 613 | 1,310 | ||||
| Share ofgovernance | costs (see note 7) | 1,308 | 1,200 | ||
| 1,921 | 2,510 | ||||
| Support costs allocated to activities | |||||
| 2023 | 2022 | ||||
| R | |||||
| Governance | costs | 1,308 | 1,200 | ||
| Analysed | between: | ||||
| Total | 1,308 | 1,200 | |||
| 2023 | 2022 | ||||
| Governance | costs comprise: | ||||
| Independent | examiner fee | 1,308 | 1,200 | ||
| 1,308 | 1,200 |
| 2023 | 2022 |
|---|---|
| Number | Number |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2023 | 2022 | |||
| Gains/(losses) | arising on: | |||
| Revaluation ofinvestments Sale of investments |
(16,768) (21,704) |
(34,083) | ||
| (38,472) | (34,083) |
| Listed | Cash within | Total | |||
|---|---|---|---|---|---|
| investments | portfolio | ||||
| Cost or valuation | |||||
| At 1 June | 2022 | 1,030,772 | 29,291 | 1,060,063 | |
| Additions | 145,333 | 145,333 | |||
| Valuation | changes | (16,768) | (16,768) | ||
| Movement | in year | 3,445 | (18,163) | (14,718) | |
| Disposals | (163,680) | (163,680) | |||
| At 31 May | 2023 | 999,102 | 11,128 | 1,010,230 | |
| Carrying | amount | ||||
| At 31 May | 2023 | 999,102 | 11,128 | 1,010,230 | |
| At 31 May | 2022 | 1,030,772 | 29,291 | 1,060,063 | |
| 2023 | 2022 | ||||
| R | |||||
| Investments | at fair value comprise: | ||||
| UK equities | 252,338 | 336,462 | |||
| Overseas | equities | 393,857 | 401,002 | ||
| Overseas | bonds | 159,954 | 205,269 | ||
| Property | 13,348 | 14,979 | |||
| Other | 179,605 | 73,060 | |||
| 999,102 | 1,030,772 |
| Creditor | s: a | mounts |
falling due within one year | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| R | |||||
| Accruals | and | deferred | income | 1,308 | 1,200 |
| At 1June | Incoming | Resources | Gains and | At 31 May | ||
|---|---|---|---|---|---|---|
| 2022 | resources | expended K |
losses F |
2023 f |
||
| General | funds | 1,179,125 | 28,719 | (19,301) | (38,472) | 1,150,071 |
| Previous | year: | At 1June | Incoming | Resources | Gains and | At 31 May |
| 2021 | resources | expended | losses | 2022 | ||
| General | funds | 1,026,776 | 208,683 | (22,251) | (34,083) | 1,179,125 |