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|Trustees'
annual
report|(incorporating||the|directors'|report)||
|Independent
examiner's|report to the||trustees||||
|Statement
offinancial
activities||(including||income and|||
|expenditure
account)|||||||
|Balance sheet|||||||
|Notes to the financial statements|||||||
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|Registered||charity|name|name|Stanley Foundation|Stanley Foundation|Limited|||
|---|---|---|---|---|---|---|---|---|---|
|Charity registration|||number||206866|||||
|Company|registration|||number|00658182|||||
|Principal office and|||registered||1 Montpelier|Street||||
|office|||||London|||||
||||||SW7 1EX|||||
|The trustees|||||C E Stanley|||||
||||||G E Stanley|||||
||||||J Raymond|||(Resigned|2 December 2021)|
||||||I C Hirst|||||
||||||G A Thompson|||(Appointed|2 December 2021)|
|Independent||examiner|||G D Franklin|||||
||||||45 Pall Mall|||||
||||||London|||||
||||||SW1Y5JG|||||
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|||||||2022|2022|2021|
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|||
|||||||funds|Total funds|Total funds|
||||||Note||||
|Income from:|||||||||
|Investment|income||||5|57,658|57,658|57,306|
|Total income||||||57,658|57,658|57,306|
|Expenditure|on:||||||||
|Expenditure|on raising funds:||||||||
|investment
management|||costs||6|21,351|21,351|18,936|
|Expenditure|on charitable|activities|||7,8|68,774|68,774|73,103|
|Total expenditure||||||90,125|90,125|92,039|
|Net gains on investments||||||71,220|71,220|340,186|
|Net income|and net movement|||in funds||38,753|38,753|305,453|
|Reconciliation
offunds|||||||||
|Total funds|brought
forward|||||2,353,380|2,353,380|2,047,927|
|Total funds|carried forward|||||2,392,133|2,392,133|2,353,380|
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|||||Note|2022
f|2021
F|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible
fixed assets||||16||44|
|Investments||||17|2,310,094|2,249,162|
||||||2,310,094|2,249,206|
|Current assets|||||||
|Cash at bank and|in|hand|||88,639|109,474|
|Creditors: amounts||falling|due within one year|18|6,600|5,300|
|Net current assets|||||82,039|104,174|
|Total assets less|current||liabilities||2 392 133|2 353380|
|Net assets|||||2,392,133|2,353,380|
|Funds ofthe charity|||||||
|Unrestricted
funds|||||2,392,133|2,353,380|
|Total charity funds||||19|2,392,133|2,353,380|
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|||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|---|---|
|||||Funds||2022|Funds||2021|
||||||||E|||
|Income|from|listed|investments|57,658||57,658|56,183||56,183|
|Income|from|other|investments||||1,123||1,123|
|||||57,658||57,658|57,306||57,306|
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||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|---|
||||Funds||2022|Funds||2021|
|||||||E||E|
|Administration|of|investments|21,351||21,351|18,936||18,936|
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|Expenditure|on charitable|activities|by fund type||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2022|Funds|2021|
|||||||E|
|Grant making|||59,000|59,000|59,000|59,000|
|Support costs|||9,774|9,774|14,103|14,103|
||||68,774|68,774|73,103|73,103|
|Expenditure|on charitable|activities|by activity type||||
||||Grant funding||Total funds|Total fund|
||||ofactivities Support costs||2022|2021|
||||F||F||
|Grant making|||59,000||59,000|59,000|
|Governance|costs|||9,774|9,774|14,103|
||||59,000|9,774|68,774|73,103|
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||||Analysis
of|||
|---|---|---|---|---|---|
||||support costs|Tota I 2022|Total 2021|
||||||F|
|Communications||and IT|470|470|3,258|
|General office|||1,130|1,130|2,334|
|Finance costs|||429|429|618|
|Governance|costs||7,701|7,701|7,513|
|Depreciation|||44|44|380|
||||9,774|9,774|14,103|
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|10.|Analysis ofgrants|Analysis ofgrants|Analysis ofgrants|(continued)|(continued)|(continued)||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2022|2021|
||||||||||||f.|
||Grants to institutions|||||||||||
||King's College|||||||||15,000|5,000|
||Forget Me Not|||||||||5,000||
||Photoworks|||||||||5,000||
||Bowel Cancer||UK|||||||5,000||
||Puzzle Centre|||||||||5,000|10,000|
||Snow Camp|||||||||5,000||
||Photo London||Ltd|||||||5,000||
||Multiple Sclerosis|||||||||5,000||
||Friends ofSt|Stephens|||||||||10,000|
||Victoria 8 Albert Museum|||||||||5,000||
||Kensington
8||Chelsea Foundation||||||||5,000|
||Well Child||||||||||6,000|
||Other Grants|||||||||4,000|23,000|
|||||||||||59,000|59,000|
||Total grants|||||||||59,000|59,000|
|11.|Net gains on||investments|||||||||
|||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||||Funds|2022|Funds|2021|
||Gains/(losses)||on listed investments|||||71,220|71,220|340,186|340,186|
|12.|Net income|||||||||||
||Net income is||stated|after||charging/(crediting):||||||
|||||||||||2022|2021|
|||||||||||F|E|
||Depreciation|oftangible|||fixed assets|||||44|380|
|13.|Independent||examination|||fees||||||
|||||||||||2022|2021|
||Fees payable||to the|independent|||examiner for:|||||
||Independent
examination|||||ofthe financial||statements||2,866|2,700|
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|Expenses
were reimbursed
to trustees
during
the year
in r
fNil).
No expenses
were
reimbursed
to trustees
during
subsistence (2021:ENil) or for office expenses (2021:FNil).
Tangible fixed assets|espect
of entertaining
f312 (2021
the year
in respect
of travel
and|
|---|---|
||Equipment|
|Cost||
|At 1 April 2021 and 31 March 2022|10,516|
|Depreciation||
|At 1 April 2021|10,472|
|Charge for the year|44|
|At 31 March 2022|10,516|
|Carrying
amount||
|At 31 March 2022||
|At 31 March 2021|44|
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|||Listed|Other||
|---|---|---|---|---|
|||investments|investments|Total|
|||F||F|
|Cost or valuation|||||
|At 1 April|2021|2,226,662|394,489|2,621,151|
|Additions||87,041|65,496|152,537|
|Disposals||(178,502)||(178,502)|
|Fair value|movements|86,897||86,897|
|At 31 March 2022||2,222,098|459,985|2,682,083|
|Impairment|||||
|At 1 April|2021 and 31 March 2022||(371,989)|(371,989)|
|Carrying|amount||||
|At 31 March 2022||2,222,098|87,996|2,310,094|
|At 31 March 2021||2,226,662|22,500|2,249,162|
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|Creditors: amounts
f|alling due within one year|||
|---|---|---|---|
|||2022|2021|
|||F||
|Trade creditors||2,400|1,200|
|Accruals and deferred|income|4,200|4,100|
|||6,600|5,300|
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|Unrestri|cted
funds|||||||
|---|---|---|---|---|---|---|---|
||||||||At|
||||At|||Gains and 31 March 202||
|||1|April 2021|Income|Expenditure|losses|2|
||||E|E|E||E|
|General|funds||2,353,380|57,658|(90,125)|71,220|2,392,133|
||||||||At|
||||At|||Gains and 31 March 202||
|||1|April 2020|Income|Expenditure|losses|1|
|General|funds||2,047,927|57,306|(92,039)|340,186|2,353,380|
|Analysis ofnet ass|e|ts bet|ween funds|||||
|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Total Funds|
|||||||Funds|2022|
||||||||f.|
|Tangible fixed assets||||||||
|Investments||||||2,310,094|2,310,094|
|Current assets||||||88,639|88,639|
|Creditors less than|1|year||||(6,600)|(6,600)|
|Net assets||||||2,392,133|2,392,133|
|||||||Unrestricted|Total Funds|
|||||||Funds|2021|
|Tangible fixed assets||||||44|44|
|Investments||||||2,249,162|2,249,162|
|Current assets||||||109,474|109,474|
|Creditors less than|1|year||||(5,300)|(5,300)|
|Net assets||||||2,353,380|2,353,380|
|Financial
instruments||||||||
|The carrying
amount||for each category of financial|||instrument|is as follows||
|||||||2022|2021|
|||||||E||
|Financial assets measured|||at fair value through||income|and expenditure||
|Financial assets measured|||at fair value through|income and||||
|expenditure||||||2,310,737|2,336,136|
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
|Financial|assets that are equity instruments||||measured||at cost less impairment||
|Financial|assets that are equity||instruments|measured||at|cost less||
|impairment|||||||87,996|22,500|
|Financial|liabilities|measured|at amortised cost||||||
|Financial|liabilities|measured
at|amortised|cost|||2,400|1,200|