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||||Page|
|---|---|---|---|
|Reference and administrative||details ofthe charity, its Trustees and advisers||
|Trustees'
report|||2-4|
|Independent
auditor's|report|on the financial statements|5-8|
|Statement offinancial|activities|||
|Balance sheet|||10|
|Notes to the financial|statements||11-19|
|Trustees||Professor A Augousti|Professor A Augousti|||
|---|---|---|---|---|---|
|||Professor J Durell||||
|||Mr B Fulton||||
|||Mrs KGoldstone||||
|||Professor JJones,|Chairman|||
|||Professor S Palmer||||
|||Mr S Prendiville||||
|Charity registered||||||
|number||209746||||
|Principal office||37 Caledonian
Road||||
|||London||||
|||N1 9BU||||
|Independent|auditor|Kreston Reeves LLP||||
|||Chartered
Accountants||||
|||Montague
Place||||
|||Quayside||||
|||Chatham
Maritime||||
|||Chatham||||
|||Kent||||
|||ME4 4QU||||
|Bankers||Barclays Bank PLC||||
|||Maidstone
2||||
|||Leicester||||
|||LE872BB||||
|Investment|managers|Savills Investment|Management||(UK) Limited|
|||33 Margaret Street||||
|||London||||
|||W1G OJD||||
|||Vanguard
Investments||UK Limited||
|||PO Box10315||||
|||Chelmsford||||
|||CM99 2AT||||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2022|2022|2022|2021|
|||Note|||||
|Income from:|||||||
|Donations
and legacies|||6,039||6,039|7,445|
|Investments|||42,059||42,059|37,226|
|Total income|||48,098||48,098|44,671|
|Expenditure
on:|||||||
|Charitable
activities|||49,010|10,888|59,898|45,619|
|Total expenditure|||49,010|10,888|59,898|45,619|
|Net expenditure
before net|||||||
|(losses)/gains
on investments|||(912)|(10,888)|(11,800)|(948)|
|Net (losses)/gains|on investments||(180,189)||(180,189)|301,859|
|Net (expenditure)/income|||(181,101)|(10,888)|(191,989)|300,911|
|Transfers
between|funds|12|(2,671)|2,671|||
|Net movement
in|funds||(183,772)|(8,217)|(191,989)|300,911|
|Reconciliation
of|funds:||||||
|Total funds brought|forward||2,018,767|102,617|2,121,384|1,820,473|
|Net movement
in funds|||(183,772)|(8,217)|(191,989)|300,911|
|Total funds carried forward|||1,834,995|94,400|1,929,395|2,121,384|
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2021|
|Donations|6,039|6,039|7,445|
|Total 2021|7,445|7,445||
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2021|
|Income from listed investments|42,059|42,059|37,226|
|Total 2021|37,226|37,226||
##
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||||Grants to|Total|Total|
|---|---|---|---|---|---|
||||Individuals|funds|funds|
||||2022|2022|2021|
|Grants to individuals|- general|funds|34,087|34,087|31,411|
|Grants to individuals|- restricted|Dobbs Fund|10,888|10,888||
||||44,975|44,975|31,411|
|Total 2021|||31,411|31,411||
##
|||Grant||||
|---|---|---|---|---|---|
|||funding
of|Support|Total|Total|
|||activities|costs|funds|funds|
|||2022|2022f|2022f|2021
F|
|Support costs|||14,923|14,923|14,208|
|Grants||34,087||34,087|31,411|
|Grants - restricted|Dobbs Fund|10,888||10,888||
|||44,975|14,923|59,898|45,619|
|Total 2021||31,411|14,208|45,619||
##
|||||||Total|Total|
|---|---|---|---|---|---|---|---|
||||||Activities|funds|funds|
||||||2022|2022f|2021|
|Legal and|professional||fees||428|428|35|
|Trustees'|expenses||||1,451|1,451|619|
|Bank charges|||||102|102|84|
|Management||and administration||costs|8,322|8,322|9,270|
|Auditors'|remuneration||||4,620|4,620|4,200|
||||||14,923|14,923|14,208|
|Total 2021|||||14,208|14,208||
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||Listed|
|---|---|
||investments|
|Valuation||
|At 1 January 2022|1,992,231|
|Revaluations|(180,189)|
|At 31 December 2022|1,812,042|
|Net book value||
|At 31 December 2022|1,812,042|
|At 31 December 2021|1,992,231|
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||2022|2021|
|---|---|---|
|||F|
|Due after more than one year|||
|Interest free loans|24,100|22,400|
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|||2022|2021|
|---|---|---|---|
|||E||
|Other creditors||14,850|1,000|
|Accruals and deferred|income|4,620|4,200|
|||19,470|5,200|
##
|||||||Balance at|
|---|---|---|---|---|---|---|
||Balance at 1|||||31|
||January|||Transfers|Gains/|December|
||2022|Income|Expendituref|in/out|(Losses)f|2022|
|Unrestricted|||||||
|funds|||||||
|General
Fund|1,566,536|48,098|(49,010)|(2,671)||1,562,953|
|Investment|||||||
|Revaluation|||||||
|Reserve|452,231||||(180,189)|272,042|
||2,018,767|48,098|(49,010)|(2,671)|(180,189)|1,834,995|
|Restricted|||||||
|funds|||||||
|Roland Dobbs|||||||
|Bursary Fund|102,617||(10,888)|2,671||94,400|
|Total offunds|2,121,384|48,098|(59,898)||(180,189)|1,929,395|
##
|Statement offun|ds - prior year||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at|||||31|
||1 January|||Transfers|Gains/|December|
||2021|Income|Expenditure|in/out|(Losses)|2021|
||F|||F||F|
|Unrestricted|||||||
|funds|||||||
|General
Fund|1,568,801|44,671|(45,619)|(1,317)||1,566,536|
|Investment|||||||
|Revaluation|||||||
|Reserve|150,372||||301,859|452,231|
||1,719,173|44,671|(45,619)|(1,317)|301,859|2,018,767|
|Restricted|||||||
|funds|||||||
|Roland Dobbs|||||||
|Bursary Fund|101,300|||1,317||102,617|
|Total offunds|1,820,473|44,671|(45,619)||301,859|2,121,384|
##
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|||||||||Balance at|
|---|---|---|---|---|---|---|---|---|
||||Balance at 1|||||31|
||||January|||Transfers|Gains/|December|
||||2022|Income|Expendituref|in/outf|(Losses)|2022|
|General|funds||2,018,767|48,098|(49,010)|(2,671)|(180,189)|1,834,995|
|Restricted||funds|102,617||(10,888)|2,671||94,400|
||||2,121,384|48,098|(59,898)||(180,189)|1,929,395|
|Summar|y|offund|s
- prior year||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
||||Balance at|||||31|
||||1 January|||Transfers|Gains/|December|
||||2021|income|Expenditure|in/out|(Losses)|2021|
||||F|E||F||F|
|General|funds||1,719,173|44,671|(45,619)|(1,317)|301,859|2,018,767|
|Restricted||funds|101,300|||1,317||102,617|
||||1,820,473|44,671|(45,619)||301,859|2,121,384|
##
|Analysis|of net assets between funds - current|year|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2022|2022|2022|
|Fixed asset investments||1,812,042||1,812,042|
|Debtors|due after more than one year|24,100||24,100|
|Current|assets|18,323|94,400|112,723|
|Creditors|due within one year|(19,470)||(19,470)|
|Total||1,834,995|94,400|1,929,395|
##
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|Analysis ofnet assets between
funds - prior ye|ar|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2021|2021|2021|
|Fixed asset investments|1,992,231||1,992,231|
|Debtors due after more than one year|22,400||22,400|
|Current assets|9,336|102,617|111,953|
|Creditors due within one year|(5,200)||(5,200)|
|Tl|2,018,767|102,617|2,121,384|
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