2023-04-05-accounts - The Wixamtree Trust

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			Page
Reference and administrative		details ofthe charity, its Trustees and advisers
Trustees' report			2-7
Independent auditors'	report		8 —10
Statement offinancial	activities
Balance sheet			12
Statement ofcash flows			13
Notes tothe financial	statements		14-21

Trustees		C.E.S.Whitbread
		P.D. Patten
		H.F.Whitbread
		M. Stern
		j.Polhill
Charity registered
number		210089
Address		6 Trull Farm Buildings
		Tetbury
		Gloucesters hire
		GL8 8SQ
Administrator		The Trust Partnership		(Foundations)		Limited
Independent	auditors	Dunkley's
		Woodland Grange
		Woodlands Lane
		Bradley Stoke
		Bristol BS324jY
Bankers		CAF Sank Ltd
		25 Kings Hill Avenue
		Kings Hill
		West Mailing
		Kent
		ME194jQ
Solicitors		Veale Wasbrough	Vizards		LLP
		24 King William Street
		London
		EC4R 9AT
Investment	advisers	Sarasin 5Partners	LLP
		juxon House
		100St. Paul's Churchyard
		London EC4M 8SU
		Waverton Investment		Management		Limited
		16Babmaes Street
		London
		SW1Y 6AH
		Whitley Asset Management Calder 5Co., St Vincent House
		30 Orange Street
		London WC2H 7HF

				Capital	Income	Total	Total
			Note	funds	funds	funds	funds
Income and endowments		from:		2023	2023	2023	2022
							E
Investments					540,450	540,450	508,179
Other income					2,334	2,334
Total income and endowments					542,784	542,784	508,179
Expenditure on:
Raising funds				215,801		215,801	169,327
Charitable activities					949,479	949,479	766,840
Total expenditure				215,801	949,479	1,165,280	936,167
Net (expenditure)	before	investment
losses)/ gains				(215,801)	(406,695)	(622,496)	(427,988)
Net (losses)/gains	on investments		12	(1,869,054)	-	(1,869,054)	(71,564)
Net (expenditure)/income		before
transfers				(2,084,855)	(406,695)	(2,491,550)	(499,552)
Transfers between	Funds		15	(234,985)	234,985
Net (expenditure)/income		before other
recognised gains and losses				(2,319,840)	(171,710)	(2,491,550)	(499,552)
Net movement in funds				(2,319,840)	(171,710)	(2,491,550)	(499,552)
Reconciliation of	funds:
Total funds brought	forward			32,305,420	228,900	32,534,320	33,033,872
Total funds carried forward				29,985,580	57,190	30,042,770	32,534,320

ASAT5APRI	L	2023
					2023		2022
			Note		E		E
Fixed assets
Investments			12		29,972,088		32,359,645
Current assets
Cash at bank and	in	hand		290,034		406,945
Creditors: amounts		falling due within one
year			13	(139,352)		(172,270)
Net current assets/(liabilities)					150,682		234,675
Total assets less	assets/(liabilities)				30,122,770		32,594,320
Creditors: amounts		falling due after more
than one year			14		(80,000)		(60,000)
Net assets					30,042,770		32,534,320
Charity Funds
Unrestricted Capital		funds	15		29,985,580		32,305,420
Unrestricted Income		funds	15		57,190		228,900
Total funds					30,042,770		32,534,320

				2023	2022
			Note	E	E
Cash flows from operating activities
Net cash used in operating activities			17	(1,175,864)	(1,049,763)
Cash flows from investing activities:
Dividends and interest from investments				540,450	508,179
Proceeds from sale of investments				8,310,129	33,663,551
Purchase of investments				(7,791,626)	(32,786,737)
Net cash provided by investing	activities			1,058,953	1,384,993
Change in cash and cash equivalents		in the year		(116,911)	335,230
Cash and cash equivalents brought	forward			406,945	71,715
Cash and cash equivalents carried forward			18	290,034	406,945
All funds are unrestricted.
The notes on pages 14to 21 form	part of	these financial	statements.

Investment income
	Capital	Income	Total	Income
	funds	funds	funds	Funds
	2023	2023	2023	2022
				E
Income from listed investments		540,450	540,450	508,179
		540,450	540,450	508,179
Total 2022		508,179	508,179

	Reconciliation ofgrants payable:
		2023	2022
		E	E
	Accrued at 6 April 2022	165,000	307,000
	Grants payable for the year (note 7)	907,461	726,911
	Grants paid during the year	(912,461)	(868,911)
	Accrued at 5 April 2023	160,000	165,000
	Grant commitments (continued)
	Payable as follows:
		2023	2022
		E	E
	Grants payable &lyr (note 13)	80,000	105,000
	Grants payable &lyr (note 14)	80,000	60,000
	Total	160,000	165,000
10.	Net income/(expenditure)
	This is stated after charging:
		2023	2022
		E	E
	Auditors' remuneration - audit	2,160	2,160

Creditors: Amounts	falling due within one year
		2023	2022
		E	E
Trade creditors		2,411	7,289
Accruals		56,941	59,981
Grants accrued - (see	Note 9)	80,000	105,000
		139,352	172,270
Creditors: Amounts	falling due af'ter more than one year
		2023	2022
		E	E
Grants accrued - (see	Note 9)	80,000	60,000

								Capital	Income	Total
								funds	funds	funds
								2023	2023	2023
								E	E	E
Fixed	asset investments							29,972,088		29,972,088
Current assets									290,034	290,034
Creditors due within			one	year				(51,181)	(88,171)	(139,352)
Creditors due in		more than one year							(80,000)	(80,000)
								29,985,580	57,190	30,042,770
Analysis ofnet		assets		between funds - prior year
								Capital	Income	Total
								funds	funds	funds
								2022	2022	2022
									E	E
Fixed	asset investments							32,359,645		32,659,645
Current assets									406,945	406,945
Creditors due within			one	year				(54,225)	(118,045)	(172,270)
Creditors due in		more than one year							(60,000)	(60,000)
								32,305,420	228,900	32,534,320
All funds are unrestricted.
17.	Reconciliation ofnet				movement		in funds to net cash flow from operating		activities
									2023	2022
									E	E
	Net (expenditure)/income				for	the year (as per Statement of Financial
	Activities)							(2,491,550)		(499,552)
	Adjustment		for:
	Losses/(Gains)		from investments					1,869,054		71,564
	Dividends	and	interest from investments					(540,450)		(508,179)
	(Decrease)/Increase in				creditors			(12,918)		(113,596)
	Net cash	used in operating				activities		(1,175,864)		(1,049,763)
18.	Analysis	ofcash		and	cash	equivalents
									2023	2022
									E	E
	Cash in hand								290,034	406,945
									290,034	406,945