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2022-03-31-accounts

CONTENTS PAGE
Trustees
and professional
advisers
Trustees'
annual
report
Independent
auditors
report 5-7
Statement
offinancial
activities
Statement
offinancial
position
Notes to the financial statements 10-13
The Trustees The Trustees Philip Hulme
Jan Hulme
Tom Hulme
Kate Prideaux
Sophie Swift
Charity Offices 'Gladsmuir'
Hadley Common
Barnet
Herts.
EN5 5QE
Auditors Newton 8 Garner Limited
Chartered
Accountants
8 Registered Auditors
Building 2
30 Friern Park
North Finchley
London, N12 9DA
Accountants City Tax Consultants Limited
Building 2
30 Friern Park
North Finchley
London,
N12 9DA
Bankers Barclays Bank pic
One Stanhope Gate
Mayfair
London W1K 1AF
Solicitors Linklaters
One Silk Street
London
EC2Y SHQ
Investment Advisors Goldman Sachs International
Plumtree
Court
25 Shoe Lane
London
EC4A 4AU

Total Funds
Unrestricted Endowment Total Funds Period to
Funds Funds 2022 3'1.3.21
Note
INCOME AND ENDOWIIENTS
Donations
and legacies
4,402,50D 4,402,500 1,189,000
Investments 53,005 53,005 6,150
TOTAL INCOME 53,005 4,402,50D 4,455,505 1,195,150
Net income 53,005 4,402,500 4,455,505 1,195,150
EXPENDITURE
Expenditure
on raising funds:
Expenditure
on charitable
activities
5 ~(13,400 (13,400) (27,600)
TOTAL EXPENDITURE
Net income
~(13,400
39,605
4,402,500 13,400)
4,442,105
(27,600
1,167,550
Transfer between
funds
(39,605 39,605
4,442,105 4,442,105 1,167,550
OTHER RECOGNISED GAINS AND LOSSES
Gains on revaluation
offixed assets
296,500 296,500 25,000
NET MOVEMENT
IN FUNDS
4,738,605 4,738,605 1,192,550
RECONCILIATION
OF FUNDS
Total Funds brought
forward
1,192,550 1,192,550
TOTAL FUNDS CARRIED FORWARD 5,931,155 5,931,155 1,192,550

31S TINARCH 2022
2022 2021
Note
FIXEDASSETS
Investments 5,918,155 1,191,150
5,918,155 1,191,150
CURRENT ASSETS
Cash at bank 19,000 29,000
19,000 29,000
CREDITORS: Amounts
due within one year
falling 10 ~6,000 27,600)
NET CURRENT ASSETS 13,000 1,400
TOTAL ASSETSLESS CURRENT LIABILITIES 5,931,155 1„192,550
NET ASSETS 5,931,155 1,192,550
FUNDS OF THE CHARITY
Endowment
funds
5,931,155 1,192,550
TOTAL CHARITY FUNDS 5,931,155 1,192,550

10.CREDITORS: Amounts falling due within one year: 2022 2021
F
Accruals 6,000 27,600
6,000 27,600

ENDOWIIE NT FUNDS
Balance at Incoming Balance at
1.4.21 Resources 31.3.22
inc. gains
E
Expendable endowment 1,192,550 4,738,605 5,931,155