| Trustees | F Cole |
|---|---|
| TWalker | |
| HJ Porter | |
| WJ Forrester | |
| MW Jones | |
| Honorary Secretary | A Hollands |
| Charity number | 1190231 |
| Registered office | 11 WhitecroftWay |
| Beckenharn | |
| Kent | |
| 8R3 3AQ | |
| Auditor | RSM UK Audit LLP |
| Chartered Accountants | |
| STC House | |
| 7 Elmfield Road | |
| Bromley | |
| Kent | |
| BR11LT | |
| Bankers | Coutts & Co |
| 440 Strand | |
| London | |
| WC2R0QS | |
| Solicitors | Hunters |
| Alour uiaro |
RSM UK Audit LLP
16/11/22
| Unrestricted | Endowment | Total | ||
|---|---|---|---|---|
| funds | funds | 2022 | ||
| Notes | £ | £ | £ | |
| Incomefrom: | ||||
| Investments | 3 | 1,317,743 | 1,317,743 | |
| Expenditureon: | ||||
| Charitableactivities | 4 | (1,494,223) | (1,494,223) | |
| Netgain on investments | 364,542 | 524,586 | 889,128 | |
| Net movement infunds | 188,062 | 524,586 | 712,648 | |
| Totalfunds broughtforward at 1April2021 | 18,608,674 | 24,470,025 | 43,078,699 | |
| Totalfundscarriedforward at31 March2022 | 18,796,736 | 24,994,611 | 43,791,347 | |
| 2021 | ||||
| Unrestricted | Endowment | Total | ||
| funds | funds | 2021 | ||
| Notes | £ | £ | £ | |
| Incomefrom: | ||||
| Donationsand legacies | 2 | 6,087,702 | 36,538,134 | 42,625,836 |
| Investments | 3 | 17,579,198 | 17,579,198 | |
| Total incomeand endowments | 23,666,900 | 36,538,134 | 60,205,034 | |
| Expenditureon: | ||||
| Charitableactivities | 4 | (11,340) | (11,340) | |
| Net losses on investments | (5,046,886) | (12,068,109) | (17,114,995) | |
| Net movement In funds | 18,608,674 | 24,470,025 | 43,078,699 | |
| Totalfundsbroughtforwardat 2July 2020 | ||||
| Total funds carried forward at 31 March 2021 | 18,608,674 | 24,470,025 | 43,078,699 |
2022 |
2022 |
2021 |
2021 |
||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Investments | 7 | 42,508,770 | 41,464,466 | ||
| Tangible assets | 9 | 314 | |||
| 42,509,084 | 41,464,466 | ||||
| Current assets | |||||
| Debtors | 10 |
124,002 | 1,504,666 | ||
| Cash atbankand in hand | 1,169,949 | 120,907 | |||
| 1,293,951 | 1,625,573 | ||||
| Creditors: amounts falling due within one year | 11 | (11,688) | (11,340) | ||
| Netcurrentassets | 1,282,263 | 1,614,233 | |||
| Total assets less current liabilities | 43,791,347 | 43,078,699 | |||
| Capital funds | |||||
| Endowmentfund | 12 | 24,994,611 | 24,470,025 | ||
| Income funds | |||||
| Unrestrictedfund | 12 |
18,796,736 | 18,608,674 | ||
| Total funds | 12 |
43,791,347 | 43,078,699 |
| 2022 | 2022 | 2021 | |||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Cash flows from operating activities | |||||
| cash generated (used in)/fromoperations | 15 | (113,105) | 41,121,170 | ||
| Investing activities | |||||
| Purchase ofinvestments | (155,176) | (58,579,461) | |||
| Fixed assets | (419) | ||||
| Investmentincomereceived | 1,317,742 | 17,579,198 | |||
| Net cash generated by/(used in) from investing | |||||
| activities | 1,162,147 | (41,000,263) | |||
| Net increase in cash and cash equivalents | 1,049,042 | 120,907 | |||
| cash and cash equivalents atbeginning ofperiod | 120,907 | ||||
| Cash and cash equivalents at end of period | 1,169,949 | 120,907 |
| Unrestricted | Endowment | Total | |
|---|---|---|---|
| funds | funds | 2021 | |
| £ | £ | £ | |
| Donations | 6,087,702 | 36,538,134 | 42,625,836 |
| Donations | |||
| Incomefromotherrelated parties | 5,037,206 | 5,037,206 | |
| Donation - Films& Equipmentslimited | 177,000 | 177,000 | |
| Donation - Donald ForresterTrust | 745,196 | 7,018,507 | 7,763,703 |
| Donation - Gwyneth ForresterTrust | 128,300 | 29,519,627 | 29,647,927 |
| 6,087,702 | 36,538,134 | 42,625,836 |
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
2022 |
2021 |
|
| £ | £ | |
| Incomefrom listed investments | 1,144,971 | 120,675 |
| Incomefrom unlistedinvestments | 17,414,700 | |
| Otherincome | 152,711 | 43,591 |
| Interestreceivable | 20,061 | 232 |
| 1,317,743 | 17,579,198 | |
| Expenditure on charitable activities | ||
2022 |
2021 |
|
| £ | £ | |
| Grants | 1,379,266 | |
| Supportand governance costs | 114,957 | 11,340 |
| 1,494,223 | 11,340 |
| 2022 | 2021 | |
|---|---|---|
| Grants | £ | £ |
| Disaster Relief | 185,000 | |
| Term Funding | 250,000 | |
| Theme oftheYear | 600,966 | |
| Smaller Grants | 343,300 | |
| 1,379,266 | ||
| Supportand Governance costs | ||
| Employmentcosts | 72,388 | |
| Auditorsremuneration | 10,000 | 6,600 |
| Website | 13,778 | |
| Legal and Professionalfees | 4,013 | |
| Subscriptions | 1,881 | |
| Officecosts | 12,897 | 4,740 |
| 114,957 | 11,340 |
| Staffdetails | 2022 | 2021 |
|
|---|---|---|---|
| Number ofstaff | 2 | ||
| £ | £ | ||
| Salaries | 67,660 | ||
| Social security costs | 6,904 | ||
| Employment Allowance | (4,000) | ||
| Pension costs | 1,824 | ||
| 72,388 | |||
| Fixed asset investments | |||
| Listed | Unlisted | Total | |
| investments | investments | ||
| £ | £ | £ | |
| Costor valuation | |||
| At 2 July 2020 | |||
| Additions | 41,486,543 | 17,092,918 | 58,579,461 |
| Valuation (loss)/gain | (27,564) | (17,087,431) | (17,114,995) |
| At 31 March 2021 | 41,458,979 | 5,487 | 41,464,466 |
| Additions | 155,176 | 155,176 | |
| Valuation gain/(loss) | 889,128 | 889,128 | |
| At 31 March 2022 | 42,503,283 | 5,487 | 42,508,770 |
| 7 | Fixed asset investments (Continued) | ||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| Investments atfairvalue comprise: | |||
| Fixed income | 2,970,699 | 4,629,332 | |
| Equities | 29,575,824 | 29,875,799 | |
| Property | 2,366,907 | 1,006,472 | |
| Alternative investments | 5,384,718 | 3,336,020 | |
| Liquid assets | 2,205,135 | 2,611,356 | |
| Unlisted investments | 5,487 | 5,487 | |
| 42,508,770 | 41,464,466 |
| Name of | Registered | Nature of | Class of | % Held |
|---|---|---|---|---|
| undertaking | office | business | shares held | directly |
| Films& Equipments Limited | UK |
Non-trading | Ordinary | 100.00 |
| Name of undertaking | Profit/Loss | Capital and Reserves |
|---|---|---|
| £ | ||
| Films& Equipments Limited | 5,487 |
| 2022 | |||
|---|---|---|---|
| £ | |||
| Cost | |||
| As at01.04.21 | |||
| Additions | 419 | ||
| As at31.03.22 | 419 | ||
| Depreciation | |||
| As at01.04.21 | |||
| Chargefortheyear | 105 | ||
| As at31.03.22 | 105 | ||
| Netbookvalue | |||
| As at01.04.21 | |||
| As at31.03.22 | 314 | ||
| 10 | Debtors | ||
| 2022 | 2021 | ||
| Amounts falling due within one year: | £ | £ | |
| Amounts duefromsubsidiaryundertakings | 86,747 | 96,019 | |
| Amounts duefromrelated undertakings | 873,497 | ||
| Otherdebtors | 489,277 | ||
| Prepayments and accrued income | 37,255 | 45,873 | |
| 124,002 | 1,504,666 |
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Other tax and social security | 1,622 | ||
| Accruals and deferred income | 10,066 | 11,340 | |
| 11,688 | 11,340 | ||
| 12 | Analysis of net assets between funds |
| Unrestricted | Endowment | Total | |
|---|---|---|---|
| funds | funds | ||
| £ | £ | £ | |
| Fund balances at 31 March 2022 are represented by: | |||
| Investments | 17,514,159 | 24,994,611 | 42,508,770 |
| Fixed Assets | 314 | 314 | |
| Current assets/(liabilities) | 1,282,263 | 1,282,263 | |
| 18,796,736 | 24,994,611 | 43,791,347 | |
| Fund balances at 31 March 2021 are represented by: | |||
| Investments | 16,994,441 | 24,470,025 | 41,464,466 |
| Current assets/(liabilities) | 1,614,233 | 1,614,233 | |
| 18,608,674 | 24,470,025 | 43,078,699 |
| **Movement in ** | funds | ||||||
|---|---|---|---|---|---|---|---|
| Balance | Incoming | Resources | Revaluations | Balance | |||
| 01 April 2021 | resources | expended | gains and losses | 31March 2022 | |||
| £ | £ | £ | £ | £ | |||
| Endowment | funds | 24,470,025 | 524,586 | 24,994,611 | |||
| Unrestricted | fund | 18,608,674 | 1,317,743 | (1,494,223) | 364,542 | 18,796,736 | |
| 43,078,699 | 1,317,743 | (1,494,223) | 889,128 | 43,791,347 | |||
| **Movement in ** | funds | ||||||
| Incoming | Resources | Revaluations | Balance | ||||
| resources | expended | gains and losses | 31 March 2021 | ||||
| £ | £ | £ | £ | ||||
| Endowment | funds | 36,538,134 | (12,068,109) | 24,470,025 | |||
| Unrestricted | fund | 23,666,900 | (11,340) | (5,046,886) | 18,608,674 | ||
| 60,205,034 | (11,340) | (17,114,995) | 43,078,699 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Surplus forthe period | 712,648 | 43,078,699 |
| Adjustments for: | ||
| Investment income recognised in statement offinancial activities | (1,317,742) | (17,579,198) |
| Fairvalue (gains) and losses on investments | (889,128) | 17,114,995 |
| Depreciation | 105 | |
| Movements in working capital: | ||
| Decrease/(Increase) in debtors | 1,380,664 | (1,504,666) |
| Increase in creditors | 348 | 11,340 |
| Cashgenerated(used in)/fromoperations | (113,105) | 41,121,170 |
| DISASTER RELIEF | |
|---|---|
| British Red Cross-UkraineCrisis Appeal | 100,000 |
| DEC-Afghanistan Crisis Appeal | 25,000 |
| DEC-CoronavirusAppeal | 50,000 |
| International Rescue Committee-Afghanistan CrisisAppeal | 10,000 |
| 185,000 |
| £ | |
|---|---|
| TERM FUNDING | |
| Bowel Cancer UK | 25,000 |
| Cathedral Archer Project | 25,000 |
| CellarTrust | 25,000 |
| CherryTrees | 10,000 |
| Children and FamiliesAcross Borders | 25,000 |
| Deafblind UK | 25,000 |
| Future Frontiers | 25,000 |
| HOPE International DevelopmentAgency | 15,000 |
| Tempus Novo | 25,000 |
| Time andTalentsAssociation | 25,000 |
| World Bicycle ReliefUK | 25,000 |
| 250,000 |
| £ | |
|---|---|
| THEME OF THE YEAR | |
| Eggcup | 40,000 |
| Emmeline's Pantry | 28,000 |
| FaithworksWessex | 40,000 |
| FEASTWith Us | 22,241 |
| Feedthe Minds | 30,173 |
| ForRefugees | 40,000 |
| GroundworkSouth | 39,200 |
| MustardTree | 40,000 |
| North Bristol Advice Centre | 20,000 |
| PracticalToolsInitiative | 25,000 |
| Providence Row | 40,000 |
| Re-Cycle | 14,000 |
| RenewableWorld | 25,000 |
| SOFEA | 40,000 |
| StCuthbert'sCentre | 37,000 |
| Trowbridge Future | 10,352 |
| Up 'N Away | 20,000 |
| Young and Inspired | 40,000 |
| YoungWomen'sTrust | 30,000 |
| ZS.V.Trust | 20,000 |
| 600,966 |
| £ | |
|---|---|
| SMALLER GRANTS | |
| Acacia FamilySupport | 5,000 |
| Adoption UK Charity | 5,000 |
| Agents ofChange Ltd | 10,000 |
| Ashanti Development | 5,000 |
| AutismAngels Ltd | 5,000 |
| SMALLER GRANTS (Continued) | |
|---|---|
| Bacie-UpTrust | 5,000 |
| Basingstoke and Alton CardiacRehabilitation Charity | 5,000 |
| Blooming BlossomsTrust | 5,000 |
| British Stammering Association | 5,000 |
| BritishTinnitusAssociation | 5,000 |
| Bromleyand CroydonWomen's Aid | 5,000 |
| Bryncynon Community Revival Strategy | 5,000 |
| Change Foundation | 5,000 |
| Changing Faces | 5,000 |
| Connect: North Korea | 5,000 |
| Church Pastoral Aid Society | 5,000 |
| CongoleseAssociation ofMerseyside | 5,000 |
| CrescentSupportGroup | 5,000 |
| Drama Expressions | 5,000 |
| Ella's Home | 5,000 |
| Harrogate and District CommunityAction | 5,000 |
| HeadwayDarlington and District | 5,000 |
| Headway EastLondon | 5,000 |
| HeartforAfrica | 5,000 |
| Housingthe HomelessCentral Fund | 5,000 |
| ICARE DayCentreTrustLtd | 5,000 |
| JustKidding | 5,000 |
| KivuliTrust | 5,000 |
| LatinAmerican Foundationforthe Future | 2,500 |
| Liverpool Cares | 5,000 |
| MacularSociety | 5,000 |
| MAIN -TakingAutism Personally | 5,000 |
| MarafikiTrust | 5,000 |
| MeseretForWomen | 6,000 |
| MobilityTrust | 5,000 |
| Muscular DystrophySupportCentre | 5,000 |
| MuscularDystrophyUK | 5,000 |
| £ | |
|---|---|
| SMALLER GRANTS (Continued) | |
| National Axial Spondyloarthritis Society | 5,000 |
| National Back Pain Association | 5,000 |
| NormandyCommunityTherapyGarden | 5,000 |
| North Kensington LawCentre | 5,000 |
| Nudeo Project | 5,000 |
| OurSpecial Friends | 5,000 |
| PeerTalkCharitable Foundation | 5,000 |
| Pregnancy CrisisCare (Plymouth & SE Cornwall) | 5,000 |
| Prevent2 Protect | 5,000 |
| Prisoners' Advice Service | 5,000 |
| Providence Row | 5,000 |
| Reach Volunteering | 5,000 |
| Reading List Foundation | 5,000 |
| Re-engage | 5,000 |
| Richard House Children's Hospice | 5,000 |
| Royal OsteoporosisSociety | 5,000 |
| Separated Child Foundation | 5,000 |
| Shift.ms | 5,000 |
| Sixty-One | 5,000 |
| Springboard Opportunity Group | 5,000 |
| StKentigern Hospice | 5,000 |
| St.Michael's Hospice North Hampshire | 1,300 |
| Strongmen Charitable Incorporated Organisation | 5,000 |
| SunnyDays Children's Fund | 5,000 |
| TheirVoice | 5,000 |
| Turning Corners | 4,500 |
| Turning PointTrust | 5,000 |
| UniteCarersin Mid Devon | 5,000 |
| Wetherbyin Supportofthe Elderly | 4,000 |
| Youth PWRCharity | 5,000 |
| Zambia OrphansAid UK | 5,000 |
| Zarach | 5,000 |
| 343,300 |