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|||Page|
|---|---|---|
|Trustees'
report||1-4|
|Independent
auditors'|report|5-7|
|Statement offinancial|activities||
|Balance sheet|||
|Cash flow statement||10|
|Notes to the accounts||11-21|
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|
accordance
with the Financial
1 January 2019).|
accordance
with the Financial
1 January 2019).|Reporting
Standa|rd
applicable
In the|UK a|nd|Republic|
|---|---|---|---|---|---|---|
|Reference and administrative||information|||||
|Settlors|||Eleanor Clark Robertson||||
||||Mary Priestman|Lovell|||
||||Stephen
Clark||||
||||Priscilla Bright Johnston||||
|Charity number|||211513||||
|Principal address|||cfo C &JClark|Ltd|||
||||40 High %rest||||
||||Somerset||||
||||SA16 OEQ||||
|Accountants|||Womble Bond Dickinson|||(UK) LLP|
||||The Spark||||
||||Draymans
Way||||
||||Newcastle
Helix||||
||||Newcastle
upon|Tyne|||
||||NE4 5DE||||
|Auditors|||Haines Watts Bristol Ltd||||
||||Bath House||||
||||6-8 Bath Street||||
||||Bristol||||
||||SS16HL||||
|Bankers|||National Westminster||Bank Pic||
||||72 High Street||||
||||Somerset||||
||||BA16OEJ||||
|Investment|advisors||Berenberg||||
||||60Threadneedle|Street|||
||||London||||
||||EC2R 6HP||||
||||CCLA||||
||||Senator House||||
||||85Queen Victoria Street||||
||||London||||
||||EC4V4ET||||
|Solicitors|||Womble Bond Dickinson|||{UK)LLP|
||||3Temple Quay||||
||||Temple BackEast||||
||||8natal||||
||||BS16DZ||||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||Notes|Fund|Fundf|2022f|2021f|
|Income from|||||||
|Donations
and legacies
Investment
income||2
3|1,291,510
46,314|1,000,000
4|2,291,510
46,318|80,082|
|Bank and other interest receivable||4|T30|4|734|33|
|Total income|||1,338,554|1,000,008|2,338,562|80,115|
|Expenditure
on|||||||
|Raising funds
Investment
management|costs|||||33,915|
|Charitable
activities|||||||
|Grants payable
Support and governance|costs||43,600
18,266|550,854
3,547|594i454
21,813|4,285,005
23,543|
|Other||||/,789|7,789||
|Total charitable expenditure|||61,866|562,190|624,056|4,342,454|
|Net gain/(loss)
on investments||10|1,049,568||1,049,568|302,601|
|Net income/(expenditure)|||2,326+56|43T,818|2,764,074|(3,959,748)|
|Transfer between funds|||38,661|(38,661)|||
|Other recognised gains/(losses)|||||||
|Other gains/{losses)|||||||
|Net movement
in funds|||2,369,007|399,15T|2,768,164|(3,964,443)|
|Fund balances at 1 January 2022|||2,171,516|600,843|2,772,359|6,736,802|
|Fund balances at 31 December 2022|||4,540,523|1,000,000|5,540,523|2,772,359|
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||||||2022||2021|
|---|---|---|---|---|---|---|---|
||||||8|||
|Cash flows from operating
activities||||||||
|Cash generated
from operations|||16||1,120,415||184,333|
|Cash flows from investing
activities||||||||
|investment
income and interest receivable||||47,052||80,115||
|Proceeds from sales ofinvestments||||||1,448,501||
|Purchase ofinvestments||||(200,000)||(2,819,099)||
|Capital cash movements
during the year||||(98,359)||1,080,936||
|Net cash provided
by (used in}investing||activities|||(251,307}||(209,547)|
|Change
in cash and cash equivalents|in|the year|||869,108||(25,214)|
|Cash and cash equivalents
at the beginning||ofthe year|||291,00?||316,221|
|Cash and cash equivalents
atthe end|of|the year|17||1.160,115||291,007|
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|||Total|Total|
|---|---|---|---|
|||2022f|2021f|
|Other governance|costs|||
|Accountancy - WBD (UK) LLP (unrestricted)||9,450|9,450|
|Audit fees||3,756|3,252|
|Accountancy - WBD (UK) LLP (restricted)||3,150|3,150|
|||16,356|15,852|
|Allocation ofgovernance|and other support coats:|Recipients||Total
2022|Recipients|Total
2021f|
|---|---|---|---|---|---|---|
|Religious grants|||8|3,177|7|5,710|
|Educational
grants|||7|2,779|3|2,447|
|Somerset grants|||8|3,177|4|3,253|
|Other grants|||23|9,133|10|8,157|
|Restricted Grant|||1|3,547|1|3,956|
|||||21,813|25|23,543|
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|Analysis of|charitable
expend|iture||||||
|---|---|---|---|---|---|---|---|
|||Grant|Support and
Governance||Grant|Support and
Governance||
|||Funded||Total|Funded||Total|
|||Activity
6|Costsf|2022f|Activityf|Costsf|2021|
|Religious grants||12,250|3,177|15+27|12,000|5,710|17,710|
|Educational|grants|8.000|2,779|1D.779|6.000|2,447|8,447|
|Somerset grants||5,000|3,177|8$177|2,000|3,263|5,263|
|Other grants||18,350|9,133|27,483|13,000|8,157|21,157|
|Restricted grants||550,854|3,547|554,401|4.252.006|3,966|4,255,972|
||||21,813|616,267|4,265,006|23,543|4,306,549|
|Grants payable to in|stitutio|ns
(»61,500)|||
|---|---|---|---|---|
||||2022|2021|
|Religious grants - 8|grants|(2021 - 7)|||
|Quaker Council for European||Affairs|1,000|2,000|
|QuaKer Service|||2,000|3,000|
|Quakers
in Britain|||5,000||
|Quaker Peace and Social Witness||||4,500|
|Retreat York Ltd||||1,500|
|Total religious grants|&f1,500||4,250|1,000|
||||12,25D|12,000|
|Educational
grants - 7grants (2021 - 3)|||||
|AHSS|||4,00D|4,000|
|Total education
grants|&f1,500||4,000|2,000|
||||8,000|6,000|
|Somerset grants - 8|grants|(2021 - 4)||f|
|Total Somerset grants|&f1,500||5,000|2,000|
||||5,000|2,000|
|Other grants -23grants (2021 - 10)|||f|f|
|OXFAM|||5,000|5,000|
|The Society for ProtecDon ofAncient Buildings|||2,000|2,000|
|Total other grants
&f1,500|||11,350|6,000|
||||18,350|13,000|
||||f|f|
|Restricted Fund - Grant|||||
|The Alfred Gillett Trust|||550,854|4,252,006|
|Total Grants
Nlade|||594,454|4,265,006|
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|Debtors|Debtors||2022f|2021f|
|---|---|---|---|---|
|Berenberg -Accrued||interest||7,789|
|CCLA|- Dividends||12,143|10,328|
||||12,143|18,117|
|Creditors: amounts||falling due within one year|2022f|2021
f|
|Trade|creditors||3,600||
|Grants|—commitments|made|45,000|45,000|
|Other|creditors||20~3|17,322|
||||68,823|62,322|
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|||Balance at|||||Balance at|
|---|---|---|---|---|---|---|---|
|||1January|||Gainsl||31December|
|||2022f|Income
f|Expenditure
f|(Losses)f|Transfers|2022f|
|Unrestricted|fund|2,171,5'IO|1,338,554|(61,866)|1,053,658|38,661|4,540,523|
|Restricted|fund|600,843|1,000,008|(562,190)||(38,661)|1,000,000|
|||2,772,359|2,338,562|(6M,056)|1,053,65S||5,540,523|
|Movement|in funds - prior year|||||||
|||Balance at|||||Balance at|
|||1 January|||Gains/||31December|
|||2021f|Income|Expendituref|(Losses)|Transfers|2021f|
|Unrestricted|fund|1,997,360|41,868|(57,740)|190,028||2,171,516|
|Restricted|fund|4,739,442|38,247|(4,284,724)|107,878||600,843|
|||6,736,802|80,115|(4,342,464)|297,906||2,772,359|
##
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|Analysis of net as|sets between funds|||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
|Fund balances at|31December 2922 represented|by:|funds
6|fundsf|2022|
|Investments|||4,437,088||4,437,0SO|
|Current assets|||172,258|1,000,000|1,172,25S|
|Creditors: amounts|falling due within one year||(68,823)||(68,823)|
||||4,540,523|1,000,000|5,540,523|
||||Unrestricted|Restricted|Total|
|Fund balances at 31 December 2021 represented||by:|fundsf|funds
f|2021f|
|Investments|||1,958,703|566,854|2,525,557|
|Current assets|||271,985|37,139|309,124|
|Creditors: amounts|faOing due within one year||(59,172)|(3,150)|(62,322)|
||||2,171,516|600,843|2,772,359|
##
|16|Net cash inflow/(outflow)
from|Net cash inflow/(outflow)
from|operabng|activities|||2022|2021f|
|---|---|---|---|---|---|---|---|---|
||Net movement
in funds||||||2,768„164|(3,964,443)|
||Investment
income||||||(47,052)|(80,115)|
||Investment
gifted to The Alfred|Gillet Trust|||||5$$,$54|4,380,325|
||Gifted from the Hilda &Alice Clark Charitable|||Trust|||(1,130,458)||
||Net gain/(losses)
on investment||assets||||(1,049,568)|{302,601)|
||(Increase)/decrease
in debtors||||||5,974|158,211|
||Increase/{decrease)
in creditors||||||6,501|(7,044)|
||Net cash provided
by/(used|in) operating||activities|||1,120,415|184,333|
|17|Analysis ofnet cash balances||||||2022|2021|
||||||||6||
||Cash at bank and in hand||||||1,160,115|291,007|
||Total cash and cash equivalents||||||1,160,115|291,007|
|18|Previous statement offinancial||activities|||Unrestricted|Restricted|Total|
||||||Notes|Fundf|Fundf|2021|
||Income from||||||||
||Investment
income|||||41,856|38,226|80,082|
||Bank and other interest receivable|||||12|21|33|
||Total income|||||41,868|38,247|80,115|
||Expenditure
on||||||||
||Raising funds||||||||
||Investment
management
costs|||||5,163|28,752|33,915|
||Charitable
activities||||||||
||Grants payable|||||33,000|4,252,006|4,285,006|
||Support and governance
costs|||||19,577|3,966|23,543|
||Total charitable
expenditure|||||57,740|4,284,724|4,342,464|
||Net gain/(loss)
on investments||||10|190,028|112,573|302,601|
||Net income/(expenditure)|||||174,156|(4,133,904)|(3,959,748)|
||Other recognised gains/(losses)||||||||
||Gain/(loss)
on foreign conversion||||||(4,695)|(4,695)|
||Net movement
in funds|||||174,156|(4,138,599)|(3,964,443)|
||Fund balances at 1 January 2021|||||1,997,360|4,739,442|6,736,802|
||Fund balances at 31December||2021|||2,171,516|600,843|2,772,359|
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