| Contents | Page | ||
|---|---|---|---|
| Trustees annual report |
3 | ||
| Independent examiners |
report | ||
| Statement of Financial | Activities (including | income and | |
| expenditure account) |
|||
| Balance sheet | |||
| Notes to the financial statements | 9to13 |
| 5. | Reference and administrative | Reference and administrative | Reference and administrative | details of | the charity, its trustees | and advisors |
|---|---|---|---|---|---|---|
| Registered | charity name | Terraverde CIO |
||||
| Charity | number | 1197456 | ||||
| Registered | office | 53Jerningham | Road, London | |||
| SE145NH | ||||||
| Trustees | and Members ofthe Board | James Armitage | - Chair Niam Bridget Mary | |||
| Catherine O'Connor - Kevan Halson |
||||||
| Nicholas O'Sullivan |
||||||
| Independent | Examiner | N A Chowdhury | FCCA | |||
| Abacus Partners | (LDN) LLP | |||||
| Unit A, Abbotts Wharf | ||||||
| 93Stainsby Road | ||||||
| London | ||||||
| E146JL | ||||||
| Bankers | CAF Bank | |||||
| 30 Old Broad Street | ||||||
| London | ||||||
| EC2N 1HT |
| Unrestricted | Restricted | Endowment | Total Funds | ||
|---|---|---|---|---|---|
| Notes | Fund | Fund | Fund | 2022 | |
| Incoming Resources from | |||||
| 1,070,997 | 1,070,997 | ||||
| Donations and Legacies |
|||||
| Investments | |||||
| Total Incoming Resources | 1,070,997 | 1,070,997 | |||
| Resources Expended on |
|||||
| Charitable Activities |
|||||
| Governance costs |
1,225 | 1,225 | |||
| Total Resources Expended | 1,225 | 1,225 | |||
| Net Surplus/Deficit Before Fund Movements |
1,069,772 | 1,069,772 | |||
| Transfers Between Funds |
15 | (1,039,965) | 1,039,965 | ||
| Net Movement before other gains/(losses) |
29,807 | 1,039,965 | 1,069,772 | ||
| Gains/(losses) on capital endowment |
(12,719) | (12,719) | |||
| Net Movement in Funds |
17,088 | 1,039,965 | 1,057,053 | ||
| Reconciliation offunds: |
|||||
| Total Funds Brought Forward | |||||
| Total Funds at 31december | |||||
| 2022 | 17,088 | 1,039,965 | 1,057,053 |
| Total | |||
|---|---|---|---|
| Note | 2022 | ||
| Fixed Assets: | |||
| Investments | 1,027,246 | ||
| Current Assets: | |||
| Debtors | 30,032 | ||
| Cash at bank 8 in hand | 975 | ||
| 31,007 | |||
| Current Liabilities: |
|||
| Amount falling due within one year |
13 | 1,200 | |
| Net Current Assets I (Liabilities) | 29,807 | ||
| Total Assets less Current | Liabilities | ||
| Creditors: | |||
| Amount falling due after one |
year | ||
| Total Net Assets | 1,057,053 | ||
| Funds ofthe Charity | |||
| Restricted Funds |
|||
| Endowment Fund |
15 | 1,039,965 | |
| Unrestricted Funds |
17,088 | ||
| Total Funds as at 31 December 2022 | 1,057,053 |
| Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|
| 5. | Resources expended | Funds | Funds | 2022 | ||
| Direct costs | ||||||
| Activities in |
year | |||||
| ~Su art costs |
||||||
| Legal fees | ||||||
| Bank Charges | 25 | 25 | ||||
| Governance costs |
||||||
| Independent reporting on |
examiner's fees for the accounts incl. VAT |
1,200 | 1,200 | |||
| 1,225 | 1,225 | 1 225 |
| 6. | Fees for examination | ofthe accounts | 2022 | |
|---|---|---|---|---|
| L' | ||||
| Independent examiner's |
fees for reporting | on the accounts | 1,200 | |
| Other accountancy services paid to the examiner |
1,200 |
| Listed investments | 2022 |
|---|---|
| E | |
| Market Value at 1 Jan 2022 | 0 |
| Additions | 1,039,965 |
| Disposal proceeds | 0 |
| Realised gains/(losses) | ~12719 |
| Market Value at 31 December 2022 | 1 027 246 |
| 11. | Debtors | and pre | pay | ments | (receivable | within 1 year) |
|||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | |||||||||
| E | |||||||||
| Funds | receivable, to be transferred |
from estate | ofJohn Andrew | Mcleod | Hill | 30,032 | |||
| 30,032 | |||||||||
| 12Cash at bank and in | hand | ||||||||
| 2022 | |||||||||
| Cash | at bank- | Charities | Aid Foundation | 975 | |||||
| 975 | |||||||||
| 13. | Creditors | and accruals (payable within | 1year) | ||||||
| 2022 | |||||||||
| E | |||||||||
| Accruals- | |||||||||
| Independent | examination | ofaccounts | 1,200 | ||||||
| 1,200 |
| Analysis of | movements in en |
dowment funds |
||||
|---|---|---|---|---|---|---|
| Fund | ||||||
| balances | Fund | |||||
| brought | balances | |||||
| Forward | Incoming | Resources | Transfers | forward | ||
| E | F | E | E | carried | ||
| Endowment | funds | |||||
| Total Wealth | Management | 1,039,965 | 1,039,965 | |||
| 1,039,965 | 1,039,965 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||
| E | E | ||||
| Cash | at bank and | in hand | 975 | 975 | |
| Other | net current | assets/(liabilities) | 16,113 | 16,113 | |
| 17,088 | 17,088 |