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2022-12-31-accounts

Report ofthe Trustees 1 to 2
Independent
Examiner's		 Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements 6 lo IO
Detailed Statement ofFinancial Activities

fo r the Year Ended 31 December 2022
O'I.12,22 31,12.21
Unrestricted Total
fund funds
Nates 9
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 3,237 98,534
Investment
income		 35,822 22,246
Total 39,059 120,780
EXPENDITURE ON
Charitable
activities
Charitable
activities		 83,112 57,696
Other 50,494 36,424
133,606 94,120
Net gains/(losses)
on investments		 (221,010) 77,248
NET INCOMEI(EXPENDITURE) (315,557) 103,908
RECONCILIATION
OF FUNDS
Total funds brought
forward		 3,095,749 2,99'I,841
TOTAL FUNDS CARRIED FORWARD 2,780,192 3,095,749

The Margaret Killbery Foundation
Balance Sheet
31 December 2022
31.12.22 31.12.21
Unrestricted Total
fund funds
FIXEDASSETS hates 8
Investments 2 520,873 2,227,209
CURRENT ASSETS
Debtors
Cash at bani&		 1,06'I
260,478		 21,227
852,623
261,539 873,850
CREDITORS
Amounts
falling due within one year		 (2,220) (5,310)
NET CURRENT ASSETS 259,319 868,540
TOTAL ASSETSLESSCURRENT LIABILITIES 2,780,192 3,095,749
hlET ASSETS 2,780,192 3,095,749
FUNDS
Unrestricted
funds		 2,780,192 3,095,749
TOTALFUNDS 2,760,192 3,095,749
The financial
statements
were approved
and were signed on its behalf by:		 by the Board of Trustees and authorised for issue on ...)..~~.ā€ž.~Y..'.."..".ā€ž".,r,',v. ......... "~3
I,Pā€ž"7e

31.12.22 31,12.21
5
35,822 22,246

Unrestricted
fund
5
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 98,534
Investment
income		 22,246
120,780
EXPENDITURE ON
Charitable
activities
Charitable
activities		 57,696
Other 36,424
Total 94,120
Net gains on investments 77,248
NET INCOME 103,908
RECONCILIATION OF FUNDS
Total funds brought forward 2,991,841
TOTAL FUNDS CARRIED FORWARD 3,095,749

Cash and
Listed settlements
investments
f		 pending
8		 Totals
8
MARKET VALUE
At 1 January 2022
Additions
Disposals
Revaluations		 2,02'l, 341
1,208,901
(660,642)
(224,018)		 205,868
1,199,390
(1,229,967)		 2,227,209
2,408,291
(1,890,609)
(224,018)
At 31 December 2022 2,345,582 175,291 2,520,873
NET BOOK VALUE
At 31 December 2022 2,345,582 175,291 2,520,873
At 31 December 2021 2,021,341 205,868 2,227,209
There were no investment assets outside the UK.
Cost or valuation at 31 December 2022 is represented by:
Cash snd
Listed settlements
investments pending Totals
8
Valuation
in 2020
Valuation
in 2021
Valuation
in 2022
Cost		 78,'I78
82,262
(224,018)
2,409,160		 175,291 78,178
82,262
(224,018)
2,584,451
2,345,582 175,291 2,520,873
Iffixed asset investments had not been revalued they would have been included at the following
historical		 cost
31.12.22 31.12.21
Cost 2,409,160 1,860,901
Fixed asset
investments
Partnership.		 were valued on an open market basis basis
on 31		 December
2022		 by
Berenberg
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
8
Other debtors 1,061 21,227

31.12.22 31.12.21
F
Other creditors 2,220 5,310
LEASING AGREEMENTS
Minimum
lease payments		 under non-cancellable operating leases fall due as follows:
31.12.22
f		 31.12.21
Within one year
Between one and five years		 20,083 23,933
20,083
20,083 44,016

MOVE MENT IN FUNDS
Net
movement At
At 1.1.22 in funds 31.12.22
8 f
Unrestricted funds
General fund 3,095,749 (315,557) 2,780,192
TOTAL FUNDS 3,095,749 (315,557) 2,780,192
Net movement in funds, induded in the above are as follows:
!ncoming Resources Gains and Movement
resources expended losses in funds
5 F F 9
Umestricted funds
General fund 39,059 (133,606) (221,010) (315,557)
TOTAL FUNDS 39,059 (133,606) (221,010) (315,557)
Comparatives for movement in funds
Net
movement At
At 1.1.21 in funds 31.12.21
Unrestricted funds
General fund 2,991,841 103,908 3,095,749
TOTAL FUNDS 2,991,841 1Q3,908 3,095,749

Comparative net moveme nt
in funds,
included
in the		 above are as foll ows.
Incoming Resources Gains and Movement
resources
6		 expended losses
f		 in funds
Unrestricted funds
General
fund		 120,780 (94,120) 77,2418 103,908
TOTAL FUNDS 120,780 (94,120) 77,248 103,908
A current year 12months and prior year 12montts combined
position		 is as follows:
Net
movement At
At 1.1.2'I in funds 31,'l2.22
Umestricted funds 6
General
fund		 2,991,841 (211,649) 2,780,192
TOTALFUNDS 2,991,841 (211,649) 2,780,192
A current year 12 months and prior year 12 months combined
net movement
in funds,		 included in the above are
follows'.
Incoming Resources Gains and Movement
resources expended
8		 losses
f		 in funds
Unrestdcted funds
General fund 159,839 (227,726) (143,762) (211,649)
TOTALFUNDS 159,839 (227,726) (143,762) (21'1,649)

The Margaret
Killbery Foundation
Detailed Statement ofFinancial Activities
forthe Year Ended 31 December 2022
31.12.22 31.12.21
6
INCOME AND ENDOWMENTS
Donut/ons
and /egac/es
Donations
Gift aid		 2,176
1,061		 79,213
19,321
3,237 98,534
Investment
income
Listed investment
income		 35,822 22,246
Total incoming
resources		 39 Or59 120,780
EXPENDITURE
Charitable
activities
Grants to institutions 83,112 57,696
Supportcosts
Governance costs
Rent
Rates
Website		 24,113
2,176
235		 25,404
1,371
235
Ban)&charges 84 90
Sundries 392
Accountancy
Investment
management		 fees 2,820
21,066		 2,160
6,772
50,494 36,424
Total resources expended 133,606 94,120
Net {expenditure)/income before gains and
losses (94,547) 26,660
Realised recognised gains and losses
investments (221,010) 77,248
Net (expenditure)/Income (315,557) 103,908