2023-03-31-accounts

Contents
Legal and Administrative Information
Trustees' Annual Report
Trustees' responsibilities in relation to the financial statements
Independent Auditor's Report to the Trustees ofthe Edward	Holt Trust
Statement of Financial Activities for the year ended 31 March	2023
Balance Sheet at 31 March 2023
Notes to the Financial Statements

				Unrestricted	Funds	Unrestricted	Funds
			Note	31-Mar-23		31-Mar-22
INCOME AND ENDOWMENTS
Investment income					151,328		142,876
Income from charitable activilies:
Residents' rent contributions					88,897		92,261
Wayleave and ground rent					89		89
TOTAL INCOME					240,314		235,226
OPEN DITURE
Costs ofraising funds:
Investment management	costs				37,842		42,762
Expenditure on charitable activities:
Holt House					135,463		124,553
Edward Holt House					16,035		16,035
Edward Holt House (Paddington)					9,834		9,834
67 Whitehall Street					16,465		25,655
Institutional grants					354,935		266,310
Strategic planning					3,544		3,452
TOTAL EXPENDITURE					574,118		488,601
NET (EXPENDITURE)/INCOME		AND
NET MOVEMENT IN FUNDS GAINS AND LOSSES ON	BEFORE			(333,804)		(253,375)
INVESTMENTS
Net (losses)/gains on investments			13	(283,923)			202,487
NET MOVEMENT IN FUNDS				(617,727)			(50,888)
Reconciliation offunds
Total funds brought forward			17,18	8,585,702		8,636,590
TOTAL FUNDS CARRIED FORWARD			17,19	7,967,975		8,585,702

		Unrestricted	Unrestricted
		Funds	Funds
		31-Mar-23	31-Mar-22
	Note	f	f
FIXEDASSETS
Tangible assets	12	2,276,479	2,298,943
Investments	13	5 506,503	6,074,647
TOTAL FIXEDASSETS		7702,982	8 373590
CURRENTASSETS
Debtors	15	56,591	59,548
Cash at bank and in hand	14	229,652	184,746
TOTAL CURRENT ASSETS		286,243	244 294
LIABILITIES
Creditors: falling due within one
period	16	101,250	32 182
NET CURRENT ASSETS		104993	212,112
NET ASSETS		7 967 975	8,585,702
THE FUNDS OF THE CHARI'TY
General fund	18	7,967,975	8,585,702
TOTAL CHARITY FUNDS		7,967,975	8,585,702

1) INVES	TMENT I	NCOME
			Unrestricted	Unrestricted
			31-Mar-23	31-Mar-22
Dividends	received	—Sarasin	80,794	100,351
Dividends	received	—Evelyn Partners	70,476	38,960
Bank interest			58	3,565
			151,328	142,876

						31-Mar-23
					Charitable Activities	Support and Governance Costs	Unrestricted 2022
				Note
Holt House					114,952	20,511	135,463
Edward	Holt		House		16,035		16,035
Edward	Holt		House (Paddington)		9,834		9,834
67 Whitehall			Street		7,607	8,858	16,465
Institutional		grants			342,534	12,401	354,935
Strategic	planning					3,544	3,544
					490,962	45,314	536,276
						31-Mar-22
					Charitable Activities	Supportand Governance Costs	Unrestricted 2021
						F
Holt House					98,479	26,074	124,553
Edward	Holt		House		16,035		16,035
Edward	Holt		House (Paddington)		9,834		9,834
67 Whitehall			Street		9,983	15,672	25,655
Institutional			grants		254,298	12,012	266,310
Strategic planning						3,452	3,452
					388,629	57 210	445,839

				Edward
		Holt House	Edward Holt House	Holt House (Paddingt	67 Whitehall Street	In stitutio nal grants	Strategic planning	Total allocated
				on)
Secretarial fees		6,794			5,663	7,928	2,265	22,650
Legal & Professional	Fees	9,884						9,884
Bank Charges Trustee expenses		61 11			51 9	72 12	21 4	205 36
		16,750			5,723	8,012	2 290	32775

GOVERNANCE COSTS	GOVERNANCE COSTS	31-Mar-23 f	31-Mar-22 F.
Audit fee		7,896	7,896
Secretarial expenses		473	469
Other Professional	Fees	40	146
Trustee Training			198
Trustee Indemnity	Insurance	4,130	3,782
		12,539	12491

The total governance cost attributable to	The total governance cost attributable to	charitable activities	is then appo
ALLOCATION OF GOVERNANCE		31-Mar-23	31-Mar-22
COSTS		f	f
Holt House		3,761	3,747
Edward Holt	House
Edward Holt	House (Paddington)
67 Whitehall	Street	3,135	3,123
Institutional	grants	4,389	4,372
Strategic planning		1,254	1,249
		12,539	12,491

4) HOLT HO	USE EXPE	NDITURE
			31-Mar-	31-Mar-
			23	22
			f	f
Costs in the	furtherance	ofthe charity's
objectives:
Residents'	Council Tax		810	1,143
Water charges			3,780	4,302
Insurance			6,529	6,024
Gas			11,773	9,043
Electricity			799	1,691
Garden expenses			5,481	4,869
Repairs and renewals			32,665	21,899
Telephone			282	261
Sundry expenses			474	499
Cleaning			8,852	8,024
Depreciation			30,817	28,519
Housing management		fees	12,690	12205
			114,952	98,479

5) EDWARD HOLT	HOUSE EXPENDITURE
	31-Mar-23	31-Mar-22
	F.	f
Depreciation	16,035	16,035

6) EDWARD HOLT EXPENDITURE	HOUSE (PADDINGTON)
	31-Mar-23	31-Mar-22
	F	f
Depreciation	9,834	9,834

7) 67WHITEHALL STREE	TEXPENDITURE
	31-Mar-23	31-Mar-22
	F.	F
Insurance	538	444
Repairs and maintenance		3,785
Utilities	20	488
Council Tax	(231j	925
Depreciation	7 280	4,341
	7,607	9,983

8) GRANTS
		31-Mar-23	31-Mar-22
		f	f
Back on Track		7,713
Booth Centre		32,500	32,500
Caritas		55,000	65,000
Contact		10,000	10,000
Greater Together Manchester		37,088	43,576
Keeping It Real 24/7		2,200
Maggie's		14,000	12,000
Manchester	Vineyard	66,000
MASH		31,158
PC Refurb		36,875
On the Out			26,222
Salford Loaves and Fishes		25,000	35,000
Salford CAB		15,000	30,000
The United Estates of Wythenshawe		10000
		342,534	254,298

					IA m o	IA m o			N O	IA ID
					CD IA				Dl	Dl
		QI0I-			CD CD I		Cl CD		Dl ID	CD
							N
										O
		IQ								CD N
		Ql I e e ID L L & CA								I
		c e 0 00 ol Z c V—'0 0 m Z o.			O Cl		OO ct IA
									I	IA	N
		Qt m 0 g Z '0 Q UI oZ							CB N	CDO CCI	CQ CA CD IA
							Cl OI		O N O	CD Ol
		0	0				IA CI 01		O N	I
		0.	0
									O N CD	O			O	N
		~e '3 m	E o 0											N
		Q
		QlI '0 E mL							CD N CD	ID O	DI
		IL
			el		Dl N		CD N		I CD	O
		0	g
			O
									IA
		«-0			O		ID Cl		CD
			IQ						CD
CV Co0I		o 0 co	m &				CD
CII
m
	Cn	L
	IU	m
	Cm
III	IU				l30				130
0Z m	U UI Co6 'Z			III0O	e0. 0 0Iccc DI Ql JD «C	QIc 0 '0 '0	130 Ql CC 0 c CQ	L 0 IQ DC 0	C1. 0 ol Lc 6) D «C	100 Ql0 c ol IQ O	CC 0 1Ic Ql «C	e CQ 0 «3 Z	CQ ON 0 m CD cC	NNON 0 IQ CA «C

13) INVESTMENTS
		General
		fund
		E
Market value at 31 March	2022	6,074,646
Additions to investments	at cost	390,723
Disposals at carrying value Net (loss) on revaluation		(573,743) ~385 333
Market value at 31 March	2023	5 555,533

		Cost at 31 Mar 2023	Market value 31 Mar 2023	Market value 31 Mar 2022
Listedinvestments				f
United Kingdom	quoted investments	2,907,606	5,506,503	6,074,647

14) CASH AT	BANK	AND IN HAN	D
			31-Mar-23	31-Mar-22
			E	f
Cash at bank
RBS			118,963	160,193
Affirmative	Deposit		401	394
Cash with Investment		Managers
Sarasin LLP			60,128	88
Evelyn Partners			50,160	24,071
			229,652	184,746

15) D	EBTORS
				31-Mar-	31-Mar-
				23	22
				E	E
Trade	Debtors			20,483
Sundry	payments	in advance	and accrued interest	36,108	59,548
				56 591	59548

16)CREDITORS: Amounts falling due	within one period
	31-Mar-	31-Mar-
	23	22
	E	F
Trade creditors	6,448	4,099
Accruals	94 802	28,083
	101,250	32 182

17)ANALYSIS O	F FUNDS
		Unrestricted	General
		Fund Total
		f
Fixed assets
Tangible assets			2,276,479
Investments			5,506,503
			7,782,982
Current assets
Debtors			56,591
Cash at bank and	in hand		229,652
			286,243
Creditors: Amounts	falling due within one year		101250
Net current assets			184,993
Total net assets as at 31 March 2023			7,967,975
Total net assets as at 31 March 2022			8585702

		Unrestricted	General
		Fund Total
		f
Fixed assets
Tangible assets			2,298,943
investments			6 074 647
			8,373,590
Current assets
Debtors			59,548
Cash at bank and	in hand		184,746
			244,294
Creditors: Amounts	falling due within one year		32,182
Net current assets			212,112
Total net assets as at 31 March 2022			8 585702
Total net assets as at 31 March 2021			8,636,590