2022-12-31-accounts

			Page
Trustees'	annual report
Independent auditor's		report to the members
Statement	offinancial	activities
Statement	offinancial	position	10
Statement	ofcash flows
Notes to the financial		statements	12

Registered	Registered	charity	name	The Sinclair Charity
Charity	registration		number	1174460
Principal	office
				Mountview House
				151 High Street
				London
				N14 6EW
The trustees				Mrs C Sinclair
				Mr AK Stubbs
				Mr DM Sinclair
Auditor				TC Group
				Statutory Auditor
				Lynton House
				7-12Tavistock Square
				London
				WC1H 9BQ

Year ende	d	31	Dece	mbe	r 2022
							2022		2021
							Unrestricted
							funds	Total funds	Total funds
						Note	E	E	E
income and	endowments
Donations and		legacies				4			543,889
Investment	income					5	753,797	753,797	419,592
Total income							753,797	753,797	963,481
Expenditure
Expenditure	on	raising funds:
Investment		management			costs	6	33,114	33,114	31,633
Expenditure	on	charitable		activities		7,8	581,874	581,874	511,201
Total expenditure							614,988	614,988	542,834
Net income							138,809	138,809	420,647
Other recognised			gains	and	losses
Revaluation	of	investments					(1,976,530)	(1,976,530)	1,679,461
Net movement		in	funds				(1,837,721)	(1,837,721)	2,100,108
Reconciliation		of	funds
Total funds	brought		forward				16,456,747	16,456,747	14,356,639
Total funds	carried forward						14,619,026	14,619,026	16,456,747

The Sinclair Charity Statement of Financial	The Sinclair Charity Statement of Financial	Position
31 December 2022
				2022	2021
			Note
Fixed assets Investments			13	14,273,936	16,207,106
Current assets Cash at bank and in	hand			365,190	266,441
Creditors: amounts	falling	due within one year	14	(20,100)	(16,800)
Net current assets				345,090	249,641
Total assets less current		liabilities		14,619,026	16,456,747
Net assets				14,619,626	16,456,747
Funds ofthe charity Unrestricted funds				14,619,026	16,456,747
Total charity funds			15	14,619,026	16,456,747

Year ended 31 Decemb	er 2022
			2022 f	2021 f
Cash flows from operating	activities
Net income			138,809	420,647
Adjustments for:
Dividends and interest from	investments		(753,797)	(419,592)
Accrued expenses			3,301	3,600
Cash generated from operations			(611,687)	4,655
Net cash (used in)/from operating activities			(611,687)	4,655
Cash flows from investing	activities
Dividends and interest from	investments		753,797	419,592
Purchases ofother investments			(849,800)	(2,319,447)
Proceeds from sale ofother	investments		806,439	1,834,494
Other investing cash flow adjustment				(1)
Net cash from/(used in) investing activities			710,436	(65,362)
Net increase/(decrease) in	cash and cash	equivalents	98,749	(60,707)
Cash and cash equivalents	at beginning	ofyear	266,441	327,148
Cash and cash equivalents	at end ofyear		365,190	266,441

4.	Donations		and legacies
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2022	Funds	2021
					E		E	F
	Legacies
	Investment		porffolio and cash				543,889	543,889
5.	Investment		income
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2022	Funds	2021
					E	E	E	E
	Dividends	from investments			753,797	753,797	419,592	419,592
6.	Investment		management	costs
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2022	Funds	2021
					F	E	E	E
	Portfolio management				33,114	33,114	31,633	31,633
7.	Expenditure		on charitable	activities	by fund type
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2022	Funds	2021
					E	E	E	F
	Donations				570,000	570,000	500,000	500,000
	Support costs				11,874	11,874	11,201	11,201
					581,874	581,874	511,201	511,201
8.	Expenditure		on charitable	activities	by activity type
					Grant funding	Support	Total funds	Total fund
					of activities	costs	2022	2021
					E	E	F	F
	Donations				570,000		570,000	500,000
	Governance		costs			11,874	11,874	11,201
					570,000	11,874	581,874	511,201
9.	Analysis	ofsupport costs
						Professional
						fees	Total 2022	Total 2021
						f.	F	F
	Governance		costs			11,874	11,874	11,201

10.	Analysis ofgrants
		2022	2021
			F
	Grants to institutions
	Donations	570,000	500,000
	Total grants	570,000	500,000
11.	Net income
	Net income is stated after charging/(crediting):
		2022	2021
		E	F
	Fees payable for the audit ofthe financial statements	7,800	7,200

Investments
	Listed	Other
	investments	investments	Total
	E	E
Cost or valuation
At 1 January 2022	12,978,369	3,228,737	16,207,106
Additions	849,800		849,800
Disposals	(806,439)		(806,439)
Fair value movements	(1,671,691)	(304,840)	(1,976,531)
At 31 December 2022	11,350,039	2,923,897	14,273,936
Impairment
At 1 January 2022 and 31 December 2022
Carrying amount
At 31 December 2022	11,350,039	2,923,897	14,273,936
At 31 December 2021	12,978,369	3,228,737	16,207,106

				2022	2021
				E
Accruals	and	deferred	income	20,100	16,800

				At				At
		1	January	20			Gains and	31 Decembe
				22	Income	Expenditure	losses	r 2022
			E		E	E	E	E
General	funds		16,456,747		753,797	(614,988)	(1,976,530)	14,619,026
				At				At
		1	January	20			Gains and	31 December
				21	Income	Expenditure	losses	2021
			E		E	E	E	E
General	funds		14,356,639		963,481	(542,834)	1,679,461	16,456,747

Analysis	of net as	sets between funds
			Unrestricted	Total Funds
			Funds	2022
			E	F
Investments			14,273,936	14,273,936
Current	assets		365,190	365,190
Creditors	less than	1 year	(20,100)	(20,100)
Net assets			14,619,026	14,619,026
			Unrestricted	Total Funds
			Funds	2021
				F
Investments			16,207,106	16,207,106
Current	assets		266,441	266,441
Creditors	less than	1 year	(16,800)	(16,800)
Net assets			16,456,747	16,456,747

Analy	sis	ofc	hang	es	in net debt
							At		At
						1	Jan 2022	Cash flows	31 Dec 2022
							E	E
Cash	at	bank	and	in	hand		266,441	98,749	365,190