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|Trustees|||hire L N Kaye|hire L N Kaye||(Appointed|30July 2020)|
|---|---|---|---|---|---|---|---|
||||Ms E MKaye|||(Appointed|30July 2020)|
||||Ms LCTVan Der Heijden|||(Appointed|3DJuly 2020)|
||||Mr BBaker|||(Appointed|30July 2020)|
||||MrA Sternberg|||(Appointed|3DJuly 2020)|
|Charity|number||1190648|||||
|Registered||offfoe|Stonehage|Fleming||||
||||15Suffolk &rect|||||
||||London|||||
||||SW1Y4HG|||||
|Autgtor|||Azets Audit|Services||||
||||Aehcombe|Court||||
||||Woolsack Way|||||
||||Godelming|||||
||||Surrey|||||
||||GUT 1LCt|||||
|Investment||managers|Stonehage|Fleming|Investment|Management||
||||1SSuffolk Street|||||
||||London|||||
||||SW1Y4HG|||||
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|||Page|
|---|---|---|
|Trustees' report||1-3|
|Independent
auditor's|report|4-7|
|Statement
of finandal|actlvifies||
|Balance sheet|||
|Statement ofcash flows||1D|
|Nates to the financial|statements|11 ~ 18|
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|||Unrestrtcted|
|---|---|---|
|||funds|
|||2021|
||Notes|6|
|Donalions and legades|3|9,322,600|
|Inveslrnenls|4|1,306|
|Other income|5|11,518|
|Total income||9,335,424|
|Ettgttgfl~
Charitable
acgvfties|6|45,161|
|Net gains((losses) on investments|10|43,052|
|Net incoming resources||9,330,315|
|Other recognised gains and losses|||
|Revaluation
of tangible fixed assets|11|1,617,141|
|Net movement
in funds||10,947,456|
|Fund balances at 30July 2020|||
|Fund balsnoes et 30September 2021||10,947,456|
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||||||||2821|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible assets|||||12||8,907.265|
|Investments|||||13||1,887.687|
||||||||10,794,952|
|Current assets||||||||
|Cash at bank and in|hand||||||163,904|
|Creditors: amounts|falling due within||one year||18||(11.400)|
|Net current assets|||||||152,504|
|Total assets less current liabiliTies|||||||10,947,456|
|Income funds||||||||
|Mtggtdgtggj'gggg||||||||
|General unrestricted|funds||||||9,330,315|
|Revaluation
reserve|||||||1,517,141|
||||||||10,947,456|
||||||||10,947.456|
|||||20July 2022||||
|The financiat statements||were approved|by the Trustees on .||||44 5~|
|Mrs L N Kaye||||||Mr|ASternberg|
|Trustee||||||Trustee||
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||||||2021||
|---|---|---|---|---|---|---|
||||||6||
|Cash Saws from operating||activities|||||
|Cash generated
froml(absorbed
by) operaiions||||18||570.522|
|Investing|actlvlttea||||||
|Purchase|oftangible
fixed assets||||(694.265)||
|Purchase|oi investments||||(1,966,827)||
|Praceeds|on disposal
of investments||||2.253.168||
|Investment|income received||||1,306||
|Net cash|used in investing|actlvtdes||||(406,6181|
|Net cash|used in financing|activities|||||
|Net increase in cash and cash equivalents||||||163,904|
|Cash and|cash equivalents|at beginning|ofperiod||||
|Cash and|cash equivalents|at end oi|period|||163,904|
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|4|Investments||||
|---|---|---|---|---|
|||||Unrestricted|
|||||funds|
|||||2021|
||Dividend
income|||1,277|
||Interest receivable|||29|
|||||1,306|
|5|Other income||||
|||||Unrestricted|
|||||funds|
|||||2021f|
||Other income|||11,518|
|6|Charitable|actlvldes|||
|||||Advancement
of|
|||||music|
|||||2921f|
||Ivlusical instrument||repair costs|12,018|
||Share ofsupport costs &see note 7&|||29,243|
||Share ofgovernance||costs (see note 7)|6,900|
|||||48,161|
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|Support|costs||||||
|---|---|---|---|---|---|---|
|||||Support|Governance|2021|
|||||costs|coals||
|||||8|f|8|
|Insurance||||12,754||12,754|
|Valuation|fees|||||600|
|Trust administration||fees||15.207||15,207|
|Irwestment|transaclion||fees|269||259|
|Bank charges||||423||423|
|Audil fees|||||6,900|6,900|
|||||29.243|6.900|36,143|
|Ana lysed|be(vain||||||
|Charitable|activilies|||29.243|6.900|36,143|
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||||Unrestricted|
|---|---|---|---|
||||funds|
||||2021|
|Unrealised|gains rm revaluation|offixed asset investments|60,938|
|Realised|loss on sale of investments||(17,886)|
||||43,052|
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|12|Tangible fixed assets|Tangible fixed assets|||
|---|---|---|---|---|
||||Musical|maire
rrvvus|
||Costor valuation||||
||Additions|||7,290,124|
||Revaluallon|||1,617,141|
||At 30September|2021||8,907,265|
||Carrying
amount||||
||At 30September|2021||8,907,265|
|Fixed ass|et inves|tments||
|---|---|---|---|
||||Listed|
||||investmeM|
||||6|
|Costor valuation||||
|At 30July|2020|||
|Additions|||4,097,803|
|Vatuagon|changes||43,052|
|Disposale|||(2,253.168)|
|At 30September||2021|1,687,687|
|Carrying|amount|||
|At 30September||2021|1,887,687|
||||2621|
||||6|
|Invsstrnenls
at fair value comprise:||||
|Listed investments|||1,667,687|
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|14|Financial
Instruments||||2021f|
|---|---|---|---|---|---|
||Carrying
amount offinancial assets|||||
||Instruments
measured|at fair value through|pmfit orloss||1,997,597|
|15|Creditors: amounts|falling due within one year||||
||||||2021f|
||Accruals and deferred|income|||11,400|
|16|Analysis ofnet assets between funds|||||
||||||Unrestricted|
||||||funds|
||||||2621|
||||||6|
||Fund balances at30September 2021 are||represented|by:||
||Tangible assets||||6,907,265|
||Investments||||1,997,697|
||Current assets/(liabilities)||||152,504|
||||||10,947,456|
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|||||||
|---|---|---|---|---|---|
|18|Cash generated
from operations||||2921f|
||Surplus forthe period||||9,330,315|
||Adjustments
for.|||||
||Investment
income reoognised|in statement||offinancial acdvities|(t,306)|
||Donated fixed assets||||(6,595,859)|
||Donated gxed asset investrnenls||||(2, t30,976)|
||Loss on disposal ofinveslrnsrm||||17,886|
||Fair value gains and losses on|investments|||(60,938)|
||Movements
ln working
capital:|||||
||Increase
in creditors||||tt,rf00|
||Cash generated
froml(absorbed||by) operations||570,522|
|19|Analysis ofchanges in net funds/(debt)|||||
||The charity had no debt during|the|year.|||