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|CONTENTS||PAGE|
|---|---|---|
|Trustees
and professional
advisers|||
|Trustees'
annual
report||2-5|
|Independent
auditors|report|6-8|
|Statement
of financial|activities||
|Statement
of financial|position|10|
|Notes to the financial|statements|11-14|
|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
&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 yy1K 1AF||||
|Solicitors||Linklaters||||
|||One Silk Street||||
|||London||||
|||EC2Y 8HQ||||
|Investment|Advisors|Goldman Sachs International||||
|||Plumtree
Court||||
|||25 Shoe Lane||||
|||L.ondon||||
|||EC4A 4AU||||
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|||||||||Total Funds|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Endowment|Total Funds|Period to|
||||||Funds|Funds|2023|2022|
|||||Note|6|6|||
|INCOIIIIE AND|ENDOWMENTS||||||||
|Donations
and|legacies|||2||6,174,000|6,174,000|4,402,500|
|Investments||||3|212,248||212,248|53,005|
|TOTAL INCOME|||||212,248|6,174,000|6,386,248|4,455,505|
|Net income|||||212,248|6,174,000|6,386,248|4,455,505|
|EXPENDITURE|||||||||
|Expenditure
on|raising funds||||||||
|Expenditure
on|chantable|actiwties||5|(60,400)||(60„400)|(13,400)|
|TOTAL EXPENDITURE
Net income|||||(60,400)
151,848|6,174,000|(60,400)
6,325,848|(13,400)
4,442,105|
|Transfer between
funds|||||(151,848)|151,848|||
|||||||6,325,848|6,325,848|4,442,105|
|OTHER RECOGNISED GAINS AND LOSSES|||||||||
|(Losses)/Gains|on revaluation||offixed|assets||(1,368,000)|(1,368„000)|296,500|
|NET MOVEMENT
IN FUNDS||||||4,957,848|4,957,848|4,738,605|
|RECONCILIATION
OF FUNDS|||||||||
|Total Funds brought
forward||||||5,931,155|5,931,155|1,192,550|
|TOTAL FUNDS|CARRIED|FORWARD||||10,889,003|10,889,003|5,931,155|
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|||||2023||2022||
|---|---|---|---|---|---|---|---|
|||Note||||||
|FIXEDASSETS||||||||
|Investments||||10„836,403|||5,918,155|
|||||10,836,403|||5,918,155|
|CURRENT ASSETS||||||||
|Cash at bank|||58,600||19,000|||
||||58,600||19,000|||
|CREDITORS: Amounts|falling|||||||
|due within one year||10|(6,000)||(6,000)|||
|NET CURRENT ASSETS||||52,600|||13,000|
|TOTAL ASSETSLESS|CURRENT|LIABILITIES||10,889,003|||5,931,155|
|NET ASSETS||||10,889,003|||5,931,155|
|FUNDS OF THE CHARITY||||||||
|Endowment
funds||||10,889,003|||5,931,155|
|TOTAL CHARITY FUNDS||||10,889,003|||5,931,155|
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|NET INCOME||||
|---|---|---|---|
|||2023|2022|
|This is stated after charging||E|8|
|Auditors
remuneration:||||
|—audit ofthe financial statements||2,640|2,400|
|INVESTMENTS|Cash or|||
||Cash|Listed||
||Equivalents
f|Investments
F|Total
E|
|Cost or valuation||||
|At 1st April 2022|34,155|5,884,000|5,918,155|
|Additions|112,248|5,174,000|6,286,248|
|Revaluations||(1,368,000)|(1,368,000)|
|At 31st March 2023|145,403|10,690,000|10,836,403|
|impairment||||
|At 1st Apnl 2022 and||||
|31st March 2023||||
|Carrying
amount||||
|At 31st March 2023|146,403|10,690,000|10,836„403|
|Carrying
amount||||
|At 31st March 2022|34,155|5,884,000|5,918,155|
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|10.CREDITORS:|10.CREDITORS:|Amounts|falling|due|within|one|year."||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||6|F|
|Accruals|||||||||6,000|6,000|
||||||||||6,000|6,000|
|11.ENDOWMENT||FUNDS|||||||||
|||||||||Balance at|Incoming|Balance at|
|||||||||1.4.22|Resources|31.3.23|
||||||||||inc. gains||
||||||||||6||
|Expendable|endowment|||||||5,931,155|4,957,848|10,889,003|