2022-04-05-accounts - Viscount Amory's Charitable Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Reference and administration details
Trustees' annual report	2-3
Trustees' responsibilities statement
Independent Auditor's report	5-6
Statement offinancial activities
Balance sheet
Notes to the financial statements	9-14

						Unrestricted	Endowment	Total	Total
					Note	Funds	Funds	2022	2021
Incoming Resources
Income and endowments		from:
Donations and legacies
Investments						405,274		405,274	381,437
Total income and endowments						405,274		405,274	381,437
Expenditure on:
Raising funds
Investment management		costs				91„326		91,326	87,110
Charitable activities						412,331		412,331	365,934
Total expenditure						503,657		503,657	453,044
Net income / (expenditure)		before gains/(losses)		on		(98,383)		(98,383)	(71,607)
investments
Net gains/(losses) on investments
Realised gains/(losses) on	investments					45,821		45,821	406,517
Unrealised gains/(losses)	in investments					154,273		154,273	1,330,927
						200,094		200,094	1,737,444
Net income/(expenditure)		after gains/(losses)	on			101,711		101,711	1,665,837
investments
Transfers between funds
Net Movement in Funds						101,711		101,711	1,665,837
Balances brought forward		at 6April 2021				13,730,473	312,500	14,042,973	12,377,136
Balances carried forward		at 5April 2022				13,832,184	312,500	14,144,684	14,042,973

				8	8	8
				VISCOUNT AMORY'S CHARITABLE TRUST
				YEAR ENDED 5APRIL		2022
				BALANCE	SHEET
						2022	2021
				Note
Fixed Assets
Investments						14,121,492		14,013,109
Current Assets
Debtors					15,235		13,824
Cash at bank		and in	hand		53,337		78,569
					68,572		92,393
Creditors:	amounts		falling due within one	year	40,380		53,529
Net Current		Assets				28,192		38,864
Total assets		less current liabilities				14,149,684		14,051,973
Creditors:	amounts		falling due after more
	than one		year	10		5,000		9,000
Net assets						14,144,684		14,042,973
Funds
Endowment	Funds					312,500		312„500
Unrestricted		Funds
Designated	income funds			12		23,192		29,864
Investment	funds					13,808,992		13,700,609
						14,144,684		14,042,973


Investment Incom	e					2022	2021
						Unrestricted	Unrestricted
						Funds	Funds
UK Dividends -unquoted		shares				33,562	1,173
UK Dividends - quoted shares						203,417	185,442
Foreign dividends	- quoted	shares				72,754	79,560
Interest on stock						95,541	115,262
Interest on deposit	with stockbrokers
						405,274	381,437
Resources expended				Investment		2022	2021
				management	Charitable	Unrestricted	Unrestricted
				costs	activities	Funds	Funds
Grants payable					406,547	406,547	362,814
Management charges
Investment management				91,326		91,326	87,110
General
Bank charges					30	30	30
Website costs					108	108	90
Audit fees					4,660	4,660	2,360
Accountancy fees (payable		to auditor)			640	640	640
Trustees' expenses					346	346
				91,326	412,331	503,657	453,044
Grants payable						2022	2021
			Number of			Unrestricted	Unrestricted
			grants given	Individuals	Institutions	Funds	Funds
Educational General - Socialk	Environmental		106 46	14,478	202,739 145,910	217,217 145,910	183,159 149,570
General - Health			17	4,670	18,400	23,070	8,900
General - ReliefofPoverty			8		10,350	10,350	6,347
Religious			12		10,000	10,000	14,838
			189	19,148	387,399	406,547	362,814


9.	Creditors: Amounts	falling due within one year		2022	2021
	Grants payable			14,000	29,000
	Sundry creditors			22,180	22,029
	Accruals			4,200	2,500
				40,380	53,529
10.	Creditors: Amounts	falling due after more than one year		2022	2021
	Grants payable			5,000	9,000
				5,000	9,000
11.	Endowments		Balance	Gains/	Balance
			6April 2021	(Losses)	5April 2022
	The Trust Fund		312,500		312,500
			312,500		312,500
			Balance	Gains/	Balance
			6April 2020	(Losses)	5April 2021
	The Trust Fund		312,500		312,500
			312,500		312,500

			Balance	New	Utilised/	Balance
		6	April 2021	Designations	Realised	5April 2022
Grants	payable		29,864	300,920	(307,592)	23,192
			29,864	300,920	(307,592)	23,192
			Balance	New	Utilised/	Balance
		6	April 2020	Designations	Realised	5April 2021
Grants	payable		37,585	274,406	(282,127)	29,864
			37,585	274,406	(282,127)	29,864

13.	Analysis ofNet Assets bet	ween funds
			Investment	Designated	Endowment
			Funds	Funds	Funds	Total
	Fund Balances at 5April 2022
	are represented by:
	Investments		13,808,992		312,500	14,121,492
	Current Assets			68,572		68,572
	Current Liabilities Long-Term Liabilities			(40,380) (5,000)		(40,380) (5,000)
			13,808,992	23,192	312,500	14,144,684
14.	Grants ofK5,000or above	given to institutions
					2022	2021
	Educational
	Birkenhead School				12,000	10,000
	Blundell's School				40,249	30,649
	Brymore Academy				6,350
	Cheltenham College Devon County Council				12,021	7,818
	Exeter Cathedral School				39,800	40,950
	Exeter School Royal Ballet School				6,000 6,000	9,000
	General - Social &Environmental
	Rona Sailing Project Tiverton Museum ofMid Devon Life				96,510	92,000 27,000
	Westcountry Rivers Trust				15,000
	General - Health
	Exeter Paediatric Integrated	Care Solutions			9,000
	General - Relief ofPoverty
	Churches Housing Action Team				6,750