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2022-01-31-accounts

Master Mr Nicholas Bromley Mr Nicholas Bromley Mr Nicholas Bromley
Business Address 18Dudley Road
Wimbledon
London
SW198PN
Secretary Mrs Miranda Fellows
18Dudley Road
Wimbledon
London
SW198PN
Treasurer Mr Michael Lessiter
75 Eden Road
Walthamstow
London
E179JX
Accountants Knox Cropper LLP
Chartered Accountants
65 Leadenhall Street
London
EC3A 2AD
Bankers Unity Trust Bank pic
Four Brindleyplace
Birmingham
B12JB
Investment Managers Investec Wealth and Investment Limited
30Gresham Street
London
EC2V 7QN
Actuary Paul G Meins
2 Suters Cottages
Diamond Terrace
Greenwich
London
SE108QN

Page
Directors' Report 1-2
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts 6-10
Mr Graham
Bickley
Mr Steve Burnett
Mr Nick Bromley Mr Michael Lessiter
Mrs Miranda
Fellows
Mr James Meek
Mr David Heath Miss Petra Siniawski
Mr Paul Hegarty Mr Sevan Stephan
Miss Valerie Cutko Mr lan Stephenson
Miss Jennie Walton

UNRESTRICTED FUNDS
2022 2021
Notes
Income From
Subscriptions
and Donations
10,442 24,457
Other Trading Activities 221 20
Investments 56,525 51,867
Tota I Income 67,188 76,344
Expenditure
On
Raising funds 17,677 15,432
Charitable
activities
50,378 56,302
Total Expenditure (68,055) (71,734)
Net Income/(Expenditure) for the year (867) 4,610
Other Recognised
Gains and Losses
Gains/(losses)
on investments
Realised 6,286 (38,858)
Unrealised 123,745 53,033
130,031 14,175
Net movement
in Funds
129,164 18,785
Total Funds brought forward
at 1st February 2021 1,896,911 1,878,126
Total Funds carried forward
at 31stJanuary 2022 E2,026,075 E1,896,911

2022 2021
Notes
Fixed Assets
Investments —Market Value 1,968,968 1,842,764
Current Assets
Debtors 9,438 9,790
Short term deposits 38,276 28,849
Cash at bank and in hand 11,481 19,820
59,195 58,459
Liabilities
Creditors falling due within one year 10 (2,088) (4,312)
Net Current Assets 57,107 54,147
Total Net Assets E2,026,075 E1,896,911
The Funds ofthe Charity
Unrestricted funds E2,026,075 E1,896,911

2. Subscriptions and Donations 2022
f
2021
f
Members'
Subscriptions
2,825 2,850
Donations 7,617 21,607
f10,442 f24,457
3. Other Trading Activities 2022 2021
f f
Sale ofCards f221 f20
4. Investments 2022 2021
f f
Dividends
Receivable
56,521 51,747
Interest Receivable 4 120
f56,525 f51,867

5. Raising funds 2022
f
2021
f
Investment
Managers'
Fees 16,780 15,432
Baddeley Cake Ceremony 540
Tea party 357
f17,677 f15,432
6. Charitable
Activities
2022 2021
f f
Annuities 29,480 28,525
Grants 9,805 17,191
Support Costs (Note 7) 11,093 10,586
f50,378 f56,302
7. Support Costs 2022 2021
f f
Secretary's
salary
4,000 4,000
Treasurer's
salary
4,000 4,000
Travel and administration expenses 35 57
Printing,
postage and stationery
370 197
Computer
costs
503 169
Actuarial
Fee
Independent
Examiner
2,064 1,980
Bank charges 91 110
Charitable
donations
Sundry expenses 30 73
f11,093 f10,586

8. Investments 2022 2021
f f
Quoted investments
Market value at 1st February 2021 1,842,764 1,813,334
Additions
-cost
166,819 258,892
Disposals —proceeds (171,535) (243,637)
Realised
gains/(losses)
6,286 (38,858)
Unrealised
gains
124,634 53,033
Market value at 31stJanuary 2022 f1,968,968 f1,842,764
Historical cost at 31stJanuary 2022 f1,471,770 f1,480,794
Market Investment
Value Cost Income for
Investment
Distribution
31.01.21
f
31.01.21
f
Yearf
UK Fixed Interest 119,436 121,874 4,540
Overseas
Fixed Interest
75,082 72,967 703
UK Equities 657,745 580,101 25,590
North American
Equities
272,438 176,303 4,368
InternationalEquities 490,108 200,712 8,248
UK Property 178,479 158,995 7,320
Alternative
Assets
175,680 160,818 5,752
f1,968,968 f1,471,770 f56,521
9. Debtors 2022 2021
f f
Other debtors 45
Prepayments
and accrued income
9,393 9,790
f9,438 f9,790

10. Current
Liabilities
2022
f
2021
f
Taxes and social security costs 2,303
Other creditors 25 29
Accruals and deferred income 2,063 1,980
E2,088 E4,312