2023-04-05-accounts - Karin Brass Memorial Fund

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The Kadin Brass Memorial	The Kadin Brass Memorial	Fund was established	Fund was established	under the Will	dated	19November 2019ofthe late	19November 2019ofthe late	19November 2019ofthe late
Karin Maria Brass and is		registered	with the Charity Commission		under	No. 1194755.
SeNor				The late Karin	Maria Brass
Trustees				Miss JS Portrait OBE
				Mr PL Hunkin	DL
Charity number				1194756
Registered office				BDBPitmans	LLP
				One Bartholomew Close
				London
				EC1A7BL
Administrator				Miss Sarah Hovil
Co-opted				Mrs Nicole Eastmond		(volunteer)
Auditor				WBV Limited
				The Third Floor
				Langdon House, Langdon			Road
				SA1 Swansea	Waterfront
				Swansea
				Wales
				SA1 8QY
Solicitors				Portrait Solicitors (up		to 31 July 2022)
				21 Whitefriars	Street
				London
				EC4Y8JJ
				BDBPitmans	LI P (from		1 August 2022)
				One Bartholomew Close
				London
				EC4Y7BL
				Sarah Hovill
Investment	advisors			Close Brothers Group pic
				10Crown Place
				London
				EC2A4FT
Investment	powers			The Will empowers		the	Trustees to appoint	investment
				advisers who	have discretion to invest the funds within
				guidelines established		by the Trustees.

				Unrestricted	Unrestricted
				funds	funds
				2023	2022
			Notes	5
Income from:
Investment income			3	195,551	21,825
~ECht
Charitable activities			4	100,000	95,000
Investment management Legal and accountancy		fees fees	7	48,741 40,836	2,083 18,479
Total expenditure				189,577	115,562
Net gains/(losses)	on investments		8	2,907,020	104,318
Net movement in	funds			2,912,994	10,581
Fund balances at 6April		2022		8,177,748	7,290,648
Fund balances at	5April 2023			11,090,742	7,301,229

			2023	2022
		Notes	8	8
Fixed assets
Investments		10	11,025,620		7,306,929
Current assets
Cash at bank and in	hand		71,422
Creditors: amounts one year	falling due within		(6,300)	(5,700)
Net current assets/(liabilities)			65,122		(5,700)
Total assets less current liabilities			11,090,742		7,301,229
Charity funds
()0(98trri~e fggtls General unrestricted	funds		2,923,575	10,581
Endowment funds		12	8,167,167	7,290,648
			11,090,742		7,301,229
			11,090,742		7,301,229

			2023	2022
			8	8
Neath Port Talbot Cancer Challenge			50,000
Sal's Shoes			10,000	25,000
Ty Olwen Trust Fund				25,000
Royal Opera DEC Ukraine	House Covent Garden Humanitarian Appeal	Foundation		25,000 20,000
Addenbrooke's	Hospital Trust		20,000
Save the Children Fund			10,000
Support Dogs			10,000
			100,000	95,000

2023	2022
Number	Number

H Lobstein 1961 Settlement	2204,798
HJH Ress Will Trust	~65789 f783,749

				2023	2022
				6	6
Accruals	and	deferred	income	6,300	5,700

		Balance at	incomlna	Balance at
		6April 2622	resources	6April 2626
		f.		6
Endowments
H Lobstein HJH Rees H Lobstein	Will Trust Will Trust 1961Settlement	1,299,335 3,154,998 923,887	705 670,048 204,811	1 300,040 3,825 046 1,128,698
H Lobstein	Fixed Trust	1,912,428	955	1,913,383
		7,290,648	876,519	8,167,167

designated funds which hav	e been set aside out o	funrestricted fu	nds by the trust	ees for specific	purposes.
	At 6April 2622	Incoming resources 8	Resources expendedf	Gains and losses 6	At 5Apdil 2023 6
General funds	10,581	195,551	(189,577)	2,907,020	2,923,575
Endowment funds	7,290,648	876,519			8,167,167
	7,301,229	1,072,070	(189,577)	2,907,020	11,090,742
Previous year:	At 6April 2621 6	Incoming resources 8	Resources expendedf	Gains and losses 6	At 5April 2022
General funds		21,825	(115,562)	104,318	10,581
Endowment funds	7,290,648				7,290,648
	7,290,648	21,825	(115,562)	104,318	7,301,229