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2023-01-31-accounts

Master Mr Nicholas Bromley
Business Address 18Dudley Road
Wimbledon
London
SW198PN
Secretary Mrs Miranda Fellows
18Dudley Road
Wimbledon
London
SW198PN
Treasurer Mr Michael Lessiter 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

UNRESTRICTED FUNDS
2023 2022
Notes
Income From
Subscriptions
and Donations
11,295 10,442
Other Trading Activities 248 221
Investments 54,154 56,525
Total Income 65,697 67,188
Expenditure
On
Raising funds 17,197 17,677
Charitable
activities
50,426 50,378
Total Expenditure (67,623) (68,055)
Net Income/(Expenditure) for the year (1,926) (867)
Other Recognised Gains and Losses
Gains/(losses)
on investments
Realised (30,514) 6,286
Unrea lised (56,985) 123,745
(87,499) 130,031
Net movement
in Funds
(89,425) 129,164
Total Funds brought forward
at 1st February 2022 2,026,075 1,896,911
Total Funds carried forward
at 31stJanuary 2023 E1,936,650 E2,026,075

2023 2022
Notes
Fixed Assets
Investments —Market Value 1,868,290 1,968,968
Current Assets
Debtors 9,149 9,438
Short term deposits 53,784 38,276
Cash at bank and in hand 7,644 11,481
70,577 59,195
Liabilities
Creditors falling due within one year 10 (2,218) (2,088)
Net Current Assets 68,359 57,107
Total Net Assets E1,936,649 E2,026,075
The Funds ofthe Charity
Unrestricted funds E1,936,649 E2,026,075

5. Raising funds 202$ f 2022
f
Investment
Managers'
Fees 16,181 16,780
Baddeley Cake Ceremony 556 540
Tea party 460 357
f17,197 f17,677
6. Charitable
Activities
2023 2022
f f
Annuities 30,251 29,480
Grants 9,160 9,805
Support Costs (Note 7) 11,015 11,093
f50,426 f50,378
7. Support Costs 2023
f
2022f
Secretary's
salary
4,000 4,000
Treasurer's
salary
4,000 4,000
Travel and administration expenses 35
Printing,
postage and stationery
136 370
Computer costs 498 503
Actuarial
Fee
Independent
Examiner
2,169 2,064
Bank charges 108 91
Charitable
donations
Sundry expenses 104 30
f11,015 f11,093

8. Investments 2023 2022
f f.
Quoted investments
Market value at 1st February 2022 1,968,968 1,842,764
Additions
-cost
271,096 166,819
Disposals —proceeds (284,275) (171,535)
Realised gains/(losses) (30,514) 6,286
Unrealised
gains
(56,985) 124,634
Market value at 31stJanuary 2023 f1,868,290 f1,968,968
Historical cost at 31stJanuary 2023 f1,452,171 f1,471,770
Market Investment
Value Cost Income for
Investment
Distribution
31.01.23
f
31.01.23
f
Yearf
UK Fixed Interest 103,875 112,034 4,879
Overseas
Fixed Interest
150,779 154,744 1,840
UK Equities 549,510 493,247 18,773
North American Equities 279,530 182,154 4,964
Internationa
I Equities
462,951 200,196 9,582
UK Property 158,929 158,995 7,381
Alternative
Assets
126,422 118,972 6,155
Other Alternative Asset 36,294 31,829
f1,868,290 f1,452,171 f53,574
9. Debtors 2023 2022
f f
Other debtors 46 45
Prepayments
and accrued income
9,103 9,393
f9,149 f9,438