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2022-03-31-accounts

THE VALENTINE CHARITY

Trustees Richard Burgess James Pearson Joanna Hunt Company No. CE019983 Charity No. 1186923

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

I have to report, with regret, the death of Richard Nicol, a trustee of the charity. The trustees hope to appoint another trustee shortly.

In March 2022 the Charity received a dividend of £11,600 and immediately made a donation of £10,000 to to the Bursary Fund of King’s College School, Wimbledon and a donation of £1,600 to UNICEF for their programme to help children in Ukraine.

The object of The Valentine Charity continues to be “advancing the education of young people in such ways as are exclusively charitable (according to the laws of England and Wales) as the trustees may from time to time determine, including but not limited to, providing grants to educational institutions and other charitable bodies to enable them to provide bursaries to students from low income families or from disadvantaged backgrounds and / or communities”.

Richard Burgess Trustee

11 November 2022

THE VALENTINE CHARITY

Company No. CE019983 Charity No. 1186923

INCOME and EXPENDITURE ACCOUNT for the period to 31 March 2022

Income
2022
£
Gift of shares
-
Dividend received
11,600
Other
6
11,606
Expenese
Bank charges
20
11,586
Donations
Kings College School Bursary Fund
10,000
5,500
UNICEF - for children in Ukraine
1,600
-
11,600
Surplus/(Deficit) for the year
-14
BALANCE SHEET at 31 March 2022
2022
£
Investments
The Valentine Group Holdings Limited
232,000 B shares of £10 each
850,000
Cash at bank
291
Total assets
850,291
Reserves
Brought forward
850,305
Surplus/(Deficit) for the year
-14
850,291
2021
£
850,000
5,800
5
855,805
-
855,805
5,500
850,305
2021
£
850,000
305
850,305
-
850,305
850,305