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|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|3|
|Independent
Examiner's Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|7|to|11|
##
|TRUSTEES|G D Fergusson||
|---|---|---|
||Dr S Sleight||
||DrM Mayston||
||Professor PAustin||
||Baronness Liddell ofCoatdyke||
|PRINCIPAL ADDRESS|Australia
Centre||
||Strand||
||London||
||WC2B 4LG||
|REGISTERED CHARITY|207813||
|NUMBER|||
|INDEPENDENT EXAMINER|Oury Clark Chartered Accountants||
||Herschel House||
||58 Herschel
Street||
||Slough||
||Berkshire||
||SL1 1PG||
||CAF Bank||
||25Kings Hill Avenue||
||West Mailing||
||Kent||
||ME194JQ||
||Commonwealth|Bank ofAustralia|
||Ground Floor Tower 1||
||201 Sussex Street||
||Sydney||
||NSW 2000||
||Australia||
|INVESTMENT MANAGERS|MdtG Investments||
||PO Box9038||
||Chelmsford||
||CM99 2XF||
||Schroders Unit Trust Ltd||
||1 London Wall|Place|
||London||
||EC2Y5AU||
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|||||||31.12.22|31.12.21|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|||8||
|INCOME|AND ENDOWMENTS FROM|||||||
|Investment|income||2|184,922||~184922|151,972|
|EXPENDITURE ON||||||||
|Charitable|activities|||||||
|Charitable|Activities|||166,565||166565|143506|
|Net gains/(losses)
on investments|||||~245 01181|~245 088|4511928|
|NET INCOME/(EXPENDITURE)||||18,357|(245,088)|(226,731)|459,394|
|RECONCILIATION||OFFUNDS||||||
|Total funds|brought
forward|||126,440|4,261,796|4,388,236|3,928,842|
|TOTAL FUNDS CARRIED FORWARD||||144,797|4.1116.708|4.161,505|4308 236|
##
|||||||31.12.22|31.12.21|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Endowment||Total|Total|
||||fund||fund|funds|funds|
|||Notes||||||
|FIXEDASSETS||||||||
|Investments||7||4,016,708||4,016,708|4,261,796|
|CURRENT ASSETS||||||||
|Cash in hand|||146,482|||146,482|128,095|
|CREDITORS||||||||
|Amounts
falling due within one year||8|(1,685)|||(1,685)|(1,655)|
|NET CURRENT ASSETS|||144,797|||144,797|126,440|
|TOTAL ASSETSLESSCURRENT||||||||
|LIABILITIES|||144,797|4,016,708||4,161,505|4,388,236|
|NET ASSETS|||144,797|4,016,708||4,161,505|4,388,236|
|FUNDS||||||||
|Unrestricted
funds||||||144,797|126,440|
|Endowment
funds||||||4,016,708|4,261,796|
|TOTAL FUNDS||||||426150(|43$8236|
|The financial
statements|were approved|by the Board ofTrustees and||authorised|for issue|Jun 7,2023
on ..................'...................||
|and were signed on its behalf by:||||||||
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||INVEST|MENT INCOME||||||
|---|---|---|---|---|---|---|---|
|||||||31.12.22|31.12.21|
||Dividends|- equities||||172,931|131,193|
||Interest - fixed interest securities|||||11,722|20,775|
||Interest on cash deposits|||||269|4|
|||||||~I84 922|151,972|
|3.|CHARITABLE ACTIVITIES||COSTS|||||
||||||Grant|Support||
||||||funding of|costs (see||
||||||activities|note 4)|Totals|
||Charitable|Activities|||149,026|17,539|166,565|
|4.|SUPPORT COSTS|||||||
|||||||Governance||
||||Management|Finance|Other
f|cost's|Totals
I|
||Charitable|Activities|12,974|~1901|~1364|1,300|~17 539|
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|FIXEDASSETINVESTMENTS||||
|---|---|---|---|
||||Unlisted|
||||investments|
|~TVALUE||||
|At 1 January 2022
Revaluations|||4,261,796
~243,080|
|At 31December 2022|||4,016 708|
|NET BOOKVALUE||||
|At 31December 2022|||4,D16,708|
|At 31December 2021|||4.261.796|
|Market value analysed by type of investment||||
|||2022|2021|
|UK fixed interest||577,102|645,623|
|UK equities
Overseas equities||2,997,338
442,268|3,433,441
182,732|
|||4016708|4,261796|
|Cost or valuafion
at 31December 2022 is represented|by:|||
||||Unlisted|
||||investments|
|Valuation
in 2022|||4 D16.7110|
|Iffixed asset investments|had not been revalued|they would have been included|at the following|historical cost:|
|---|---|---|---|---|
||||31.12.22|31.12.21|
|Cost|||3316490|~3316490|
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|CREDITOR|S: AMOUNTS|FA|LLING DUE WITHIN ONE|YEAR|||
|---|---|---|---|---|---|---|
||||||31.12.22|31.12.21|
|Other creditors|||||1,685|1,655|
|MOVEMENT IN FUNDS|||||||
||||||Net||
||||||movement|At|
|||||At 1.1.22
I|in funds|31.12.22|
|Unrestricted|funds||||||
|General fund||||126,440|18,357|144,797|
|Endowment|funds||||||
|Endowment|funds|||4,261,796|(245,088)|4,016,708|
|TOTAL FUNDS||||4 3S8.236|~226,7311|4,161S95|
|Net movement
in funds, included|||in the above are as follows:||||
||||Incoming|Resources|Gains and|Movement|
||||resources
f|expended
6|losses|in funds
I|
|Unrestricted|funds||||||
|General fund|||184,922|(166,565)||18,357|
|Endowment|funds||||||
|Endowment|funds||||(245,088)|(245,088)|
|TOTAL FUNDS|||~184 922|~166 565)|~245 088|~226,731|
|Comparatives
for movement||in|funds||||
||||||Net||
||||||movement|At|
|||||At 1.1.21|in funds|31.12.21|
|||||g|||
|Unrestricted|funds||||||
|General fund||||117,974|8,466|126,440|
|Endowment|funds||||||
|Endowment|funds|||3,810,868|450,928|4,261,796|
|TOTAL FUNDS||||3928 1142|459 35'4|438S236|
##
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|Comparative|net movement
in funds|, included
in the above are a|s follows:|||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources|expended
I|losses|in funds|
|Unrestricted|funds|||||
|General fund||151,972|(143,506)||8,466|
|Endowment|funds|||||
|Endowment|funds|||450,928|450,928|
|TOTAL FUNDS||151,972|~143306)|~450 928|459,394|
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