| TRUSTEES | I Campbell |
|---|---|
| I Mallinson | |
| H Fryers | |
| Dr D 5Tompkins | |
| CThackray | |
| E Podesta | |
| Dr I H Ca me ron |
|
| Professor BM Doyle | |
| PRINCIPAL ADDRESS | The Thackray Museum ofMedicine |
| Beckett Street | |
| Leeds | |
| LS97LN | |
| REGISTERED CHARITY NUMBER | 1151361 |
| AUDITORS | Thomas Coombs Limited |
| Statutory Auditor | |
| Chartered Accountants |
|
| 3365The Pentagon | |
| Century Way | |
| Thorpe Park | |
| Leeds | |
| West Yorkshire | |
| LS15BZB | |
| BANKERS | Unity Trust Bank |
| PO BOX7193 | |
| Planetary Road |
|
| Willenhag | |
| WV1 9DG | |
| 5OUCITORS | Wrigleys Solicitors LLP |
| 3Wellington Place |
|
| Leeds | |
| LS14AP | |
| INVESTMENT MANAGERS | LGT |
| 29 East Parade | |
| Leeds | |
| LS1SPS |
| The actual performance | The actual performance | afthe investment | portfolio compared | with the benchmark | has been: |
|---|---|---|---|---|---|
| 2022/2023 | 2021/2022 | ||||
| Investment | growth | o/a | |||
| Benchmark —ARC | -4.0% | +6.3% | |||
| Benchinark- | Income constrained | -2AN | +8.9% | ||
| Actual | -5.1N | +8.636 |
| his | toric | a | l value of | Trust Assets and Income has | been: | ||
|---|---|---|---|---|---|---|---|
| Bank balance and | Income (after | ||||||
| Investment Portfolio |
Other Assets | management posts) |
Grants Awarded | ||||
| 5th | April | 2023 | 67,941,764 | 613,010 | E190,322 | E205,540 | |
| scil | Apltl | 2022 | 68,690,401 | 676,308 | E178,077 | E89,875 | |
| 5th | April | 2021 | 68,183,272 | 611,752 | 6159,070 | E425,750 | |
| 5th | April | 2020 | E7,010,915 | 692,441 | E215,995 | E235,000 | |
| 5th | April | 2019 | E8,386,747 | 617,461 | 6219,660 | 6352,790 | |
| 5th | April | 2018 | E7,968,271 | 634,532 | E236,557 | 6794,550 | |
| 5th | Apr | I | 2017 | E7,952,070 | 664,223 | 6209,916 | 6361,299 |
| 5th | April | 2016 | E6,928,672 | f13,964 | E225,888 | 6253,000 | |
| 5th | April | 2015 | E7,449,783 | E5,566 | E202,436 | E180,000 | |
| 5th | April | 2014 | E6,941,780 | 68,332 | 6221,821 | 6201,800 | |
| 5th | April | 2013 | E6,647,334 | E8,047 | 6200,647 | E161,500 | |
| 5th | April | 2012 | 65,947,384 | 65,213 | 6188,698 | 5200,162 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | 5 | 6 | ||
| INCOME AND ENDOWMENTS | FROM | |||
| Investment income |
245,495 | |||
| EXPENDITURE ON | ||||
| Raising funds | 55,173 | 61,563 | ||
| Charitable activities | ||||
| Governance costs | 9,272 | 7,445 | ||
| The Thackray Museum of Medicine | 188,540 | 79,200 | ||
| Legs4 Af des | 2,000 | 2,000 | ||
| Action Medical Research | 5,000 | 5,175 | ||
| Haemochromatosis UK |
3,500 | |||
| Lepra | 5,000 | |||
| Motivation Charitable Trust |
5,000 | |||
| Total | 269,985 | 158,883 | ||
| Net gains/(losses) on investments |
(745,692) | 531,590 | ||
| NET INCOME/(EXPENDITURE) | (770,182) | 612,347 | ||
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward | 8,695,811 | 8,083,464 | ||
| TOTAL FUNDS CARRIED FORWARD | 7,925,629 | 8,695,811 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Unrestricted | Totoi | |||
| Notes | fund E |
fundsf | ||
| FIXEDASSETS | ||||
| Investments | 7,941,764 | 8,690,401 | ||
| CURRENT ASSETS | ||||
| Debtors | 10 | 2,376 | 1,187 | |
| Cash at bank | 10,634 | 75,121 | ||
| 13,010 | 76,308 | |||
| CREDITORS | ||||
| Amounts falling due within one year |
{29,145) | (70,898) | ||
| NET CURRENT ASSETS | {16,135) | 5,410 | ||
| TOTAL ASSETS LESSCURRENT UABILITIES | 7,925,629 | 8,695,811 | ||
| NET ASSETS | 7,925,629 | 8,695,811 | ||
| FUNDS | ||||
| Unrestricted | funds | 7,925,629 | 8,695,811 | |
| TOTAL FUNDS | ,9 ,6 |
| GRANTS PAY | A8LE | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| E | 6 | ||||
| The Thackray | Museum | of Medicine | 188,540 | 79,200 | |
| Legs 4Africa | 2,000 | 2,000 | |||
| Action Medical Research | 5,000 | 5,173 | |||
| Haemochromatosls | UK | 3,300 | |||
| Lepra | 5,000 | ||||
| Motivation Charitable |
Trust | 5,000 | |||
| 205,540 | 89,875 |
| Awarded 2022 |
Grants unpaid at 06/04/22 |
Awarded In the year ended 2023 |
Awarded In the year ended 2023 |
Paid Inthe year ended 2023 |
Grants unpaid at 05/04/2023 |
||
|---|---|---|---|---|---|---|---|
| The Thackray Medical | Museum | ||||||
| Company Ltd (trading |
as The | ||||||
| Thackray Museum of | Medicine) | ||||||
| Re:Quarterly grants |
82,500 | 41,250 | 165,000 | (206,250) | |||
| Archive Development | Project | 30,500 | (22,875) | 7,625 | |||
| Scoping study for medical | |||||||
| practitioners listing project |
(3,300) | ||||||
| Contdbutions to new |
collections | ||||||
| management system |
6,960 | (6,960) | |||||
| OTHER FUNDING | |||||||
| Haemochromatosis UK Charity |
3,500 | ||||||
| Legs for Africa | 2,000 | 2,000 | 2,000 | (2,000) | 2,000 | ||
| Action Medical Research | 5,175 | 5,000 | (5,000) | ||||
| Lepra | 5,000 | (5,000) | |||||
| Motivation Charitable |
Trust | 5,000 | (5,000) | ||||
| Total Grants Awarded | 89,875 | 50,210 | 205,540 | 246,125 | 9(625 |
| Governance | |||||
|---|---|---|---|---|---|
| costs | |||||
| E | |||||
| Governance | costs | 9,272 | |||
| Support | costs, included | in the above, are asfollows: | |||
| 2023 | 2022 | ||||
| Governance | Total | ||||
| costs | activities | ||||
| E | 6 | ||||
| Trustee | Meeting Expenses | 1,382 | 8629 | ||
| Sundries | 838 | 23 | |||
| Legs Ifees | 688 | 793 | |||
| Auditors | Remuneration | 6,364 | 5,000 | ||
| 9,272 |
| COMPARAllVES FO |
R THE STA | TEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| INCOME AND ENDOWMENTS | FROM | ||
| Investment income |
239,640 | ||
| EXPENDITURE ON | |||
| Raising funds | 61,563 | ||
| Chaditable acdvities | |||
| Governance costs |
7,445 | ||
| The Thackray Museum ofMedicine | 79,200 | ||
| Legs 4Africa | 2,000 | ||
| Action Medical Research | 5,175 | ||
| Haemochromatosis | LIK | 3,500 | |
| Total | 158,883 | ||
| Net gains on investments | 531,590 | ||
| NET INCOME | 612,347 |
| Unrestricted | Unrestricted | ||||||
|---|---|---|---|---|---|---|---|
| fund | |||||||
| f | |||||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds broughtforward | 8,083,464 | ||||||
| TOTAL FUNDS CARRIED FORWARD | 8,695,811 | ||||||
| FIXEDASSETINVESTMENTS | |||||||
| Cash and | |||||||
| Listed | settlements | ||||||
| investments | pending | Totals | |||||
| E | E | E | |||||
| MARKET VALUE | |||||||
| At 6th Apnl 2022 | 8,075,634 | 614,767 | 8,690A01 | ||||
| Additions | 1,152,751 | 105,784 | 1,258435 | ||||
| Disposals | (1,514,635) | (1,514,635) | |||||
| Revaluations | (492,537) | (492,537) | |||||
| At 5th April 2023 | 7,221,213 | 720,551 | 7,941,764 | ||||
| NET 8OOK VALUE | |||||||
| At 5th April 2023 | 7,221313 | 720,551 | 7,941,764 | ||||
| At 5th April 2022 | 8,075,634 | 624,767 | 8,690,402 | ||||
| There were no investment | assets outside the UK. | ||||||
| All investments are va(ued |
with reference to UK and non-UK investments | Rated on recognised | stock exchanges, | and can be | |||
| analysed as follows: |
| Fixed Interest | 12.595 | ||
|---|---|---|---|
| Equities | 71.33fi | ||
| Alternatives | 9.196 | ||
| Property | 1.334 | ||
| Cash instruments | and liquidity | funds | 5.89fi |
| 10N6 |
| 10. | DEBTORS:AMOUNTS | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| E | 6 | ||||||
| Other debtors | 2,376 | 1,187 | |||||
| 11. | CREDITORS.' AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 2023 | 2022 | ||||||
| E | |||||||
| Accrued expenses | 19,520 | 20,688 | |||||
| Grants payable | 9,625 | 50,220 | |||||
| 29,145 | 70,898 | ||||||
| 12. | MOVEMENT | IN FUNDS | |||||
| Net | |||||||
| movement | At | ||||||
| At 6/4/22 | In funds | 5/4/23 | |||||
| E | E | E | |||||
| Unrestricted | funds | ||||||
| General fund | 8,695,811 | {770,182) | 7,925,629 | ||||
| TOTALFUNDS | 8,6952I11 | [770,182) | 7,925,629 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources f |
expended f |
losses E |
in funds E |
|||
| Unrestricted | funds | |||||
| General fund | 245/I95 | (269„rIBS) | {745,692) | (770,182) | ||
| TOTALFUNDS | 245,495 | (269,985) | (745,692) | (770,182) | ||
| Comparatives | for movement | in funds | ||||
| Net | ||||||
| move ment | At | |||||
| At 6/4/21 | in funds | 5/4/22 | ||||
| f | f | |||||
| Unrestricted | funds | |||||
| General fund | 8,083,464 | 612,347 | 8,695,811 | |||
| TOTAL FUNDS | 8,083,464 | 612,347 | 8,695,811 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources f |
expended f |
losses f |
in funds f |
||
| Unrestricted | funds | ||||
| Generalfund | 239,640 | (158,883) | 531,590 | 612,347 | |
| TOTAL FUNDS | 239,640 | (158,883) | 531,590 | 612,347 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 6 | 6 | |||
| INCOME AND ENDOWMENTS | ||||
| Investment income |
||||
| Dividends and similar income received from listed |
||||
| investments | 245395 | 239,640 | ||
| Totalincoming resources |
245,495 | 239,640 | ||
| EXPENDITURE | ||||
| Investment management |
costs | |||
| Porffolio management | 55,173 | 61,563 | ||
| Charitable activities |
||||
| Grants to institutions | 205,540 | 89,875 | ||
| Support costs | ||||
| Governance costs |
||||
| Trustee Meeting Expenses | 1,382 | 1,629 | ||
| Sundries | $38 | 23 | ||
| Legalfees | 793 | |||
| Auditors Remuneration |
6,364 | 5,000 | ||
| 9,272 | 7,445 | |||
| Total resources expended | 269,985 | 158,883 | ||
| Net (expenditure)/Income | before gains and losses | (24890) | 80,757 | |
| Realised recognised gains |
and losses | |||
| Unrealised gains/losses |
on fixed asset Investments | (492,537) | 651,162 | |
| Realised gains/losses on |
fixed asset investments | (253,155) | (119,572) | |
| Net (expenditure)/income | (770,182) | 612,347 |