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2023-04-05-accounts

TRUSTEES R.H.M. Poole
T.J.Briden
J.B.Sykes
R.A.M. Manyon
PRINCIPAL ADDRESS Payne Hicks Beach LLP
10New Square
Lincoln's
Inn
London WC2A 3QG
EMAIL ADDRESS MurtonPoole hb.co.uk
CHARITY REGISTRATION NUMBER 1184487
INDEPENDENT EXAMINER Paul Davis FCA
Bright Grahame Murray
Emperor's
Gate
114aCromwell Road
Kensington
London SW7 4AG
INVESTMENT MANAGERS Quilter Cheviot
Senator House
85Queen Victoria Street
London EC4V4AB
BANKERS CAF Bank Limited
25 Kings
Hill Avenue
Kings Hill
West Mailing
Kent ME194JQ
SOLICITORS AND ADMINISTRATORS Payne Hicks Beach LLP
10New Square
Lincoln's
Inn
London WC2A 3QG

2022 Notes 2023
INCOME FROM:
26,375 Voluntary
Income
55,534
21,323 Investments 24,356
Bank Interest 82
47,698 TOTAL INCOME 79,972
EXPENDITURE ON:
Raising funds
773 Investment
advisor costs
949
Charitable
activities
Promoting
and enhancing
19,877 charitable
work
21,940
20,650 TOTAL EXPENDITURE 22,889
NET INCOME BEFORE
27,048 INVESTMENTS GAINS 57,083
Investments
gains/(losses):
1,586 Realised (1,692)
36,144 Unrealised (67,881)
NET INCOME AND NET
64,778 MOVEMENT
IN FUNDS
(12,490)
RECONCILIATION OF FUNDS
Total funds brought forward
558,117 at 6April 2022 622,895
Total funds carried forward
622,895 at 5 April 2023 610,405

1 VOLUNTARY INCOME
2022 2023
21,000 Gift Aid donation (see note 11) 44,427
5,250 Tax repayment 11,107
125 Repayment
Interest
26,375 55,534
2 INVESTMENT INCOME AND INTEREST RECEIVABLE
2022 2023
8
21,323 UK unit trust 24,356
Bank Interest 82
21,323 24,438
3 PROMOTING AND ENHANCING CHARITABLE WORK
2022 2023
8
Grants payable to institutions 5,000
18,137 Grant administration costs 13,292
1,740 Governance
costs (see note 4)
3,648
19,877 21,940
7 INVESTMENTS INVESTMENTS
2022 2023
E
LISTED INVESTMENTS
Movements
in listed investments
during the year were as follows:
704,397 Market value at6 April 2022 813,781
85,741 Additions atcost
Disposals at book value
(12,501) (proceeds: L20,601;losses 61,692) (22,293)
36,144 Net unrealised
gains/(losses)
in period (67,881)
813,781 Market value at 5 April 2023 723,607
718,751 Cost of listed investments
5
April 2023 699,061
The only investment
held isa UK unit trust
and is considered ofmaterial value.
The only inv estme nt
held isa UK unit trust and is
considered ofmaterial
v
alue.
'/o of
Portfolio
Valuef
Quilter Investors Ltd QC Global &Income Growth Fund Dis 100 723,607
8 DEBTORS
2022 2023
6 6
5,250 Tax repayments 16,357
9 CASH AT BANK AND IN HAND
2022 2023
6
3,950 Payne Hicks Beach LLP
43,337 CAF Bank 67,703
47,287 67,703
12 UNREALISED GAINS UNREALISED GAINS
2022 2023
E
95,031 Unrealised
gains on listed investments
24,547
Reconciliation ofmovements
in
unrealised
gains on investment
assets
58,887 Unrealised gains at6 April 2022 95,031
Adjusted in respect ofdisposal in the year (2,603)
58,887 92,428
Add: Net gain/(loss)
arising on
36,144 investment
revaluation
in year
(67,881)
95,031 Unrealised gains at 5 April 2023 24,547