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||||||||Page|Page||
|---|---|---|---|---|---|---|---|---|---|
|Reference||and|Administrative|||Details||1||
|Report|of|the|Trustees||||2|to|4|
|Report|of|the|Independent||Auditors||5|to|8|
|Statement||of|Financial||Activities|||9||
|Balance||Sheet||||||10||
|Notes|to|the|Financial||Statements||11|to|18|
|Detailed||Statement||of|Financial|Activities||19||
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||||||||
|---|---|---|---|---|---|---|
|TRUSTEES|||J
A
Pritchard||||
||||Mrs
H
P|Cole|||
||||W
Bond-Williams||||
||||G
Wem|BSc|||
||||Mrs
L
L|Pritchard|||
||||A
J
Pillinger||||
|PRINCIPAL|ADDRESS||The
Lakeside||Centre||
||||180
Lifford||Lane||
||||Kings
Norton||||
||||Birmingham||||
||||West
Midlands||||
||||B30
3NU||||
|REGISTERED|CHARITY|NUMBER|213849||||
|AUDITORS|||Thomas|and|Young|Limited|
||||Carleton|House|||
||||266-268|Stratford||Road|
||||Shirley||||
||||Solihull||||
||||West
Midlands||||
||||B90
3AD||||
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||||||||2024||2023||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted||Total||
||||||||Fund||Funds||
|||||||Notes||£||£|
|INCOME|AND|ENDOWMENTS|||FROM||||||
|Donations|and|legacies||||2|2,550||143,020||
|Investment|income|||||3|242,878||204,431||
|Total|||||||245,428||347,451||
|EXPENDITURE||ON|||||||||
|Charitable|activities|||||4|192,334||229,783||
|Net
gains/(losses)||on|investments||||175,290||(387,370)||
|NET
INCOME/(EXPENDITURE)|||||||228,384||(269,702)||
|RECONCILIATION|||OF|FUNDS|||||||
|Total
funds|brought||forward||||11,703,175||11,972,877||
|TOTAL
FUNDS||CARRIED|||FORWARD||11,931,559||11,703,175||
##
|||||||||2024||2023||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Unrestricted||Total||
|||||||||Fund||Funds||
||||||||Notes||£||£|
|FIXED|ASSETS|||||||||||
|Investments|||||||10|11,653,091||11,463,203||
|CURRENT|ASSETS|||||||||||
|Debtors|||||||11|2,934||43,084||
|Cash
at|bank|||||||282,284||224,229||
|||||||||285,218||267,313||
|CREDITORS||||||||||||
|Amounts|falling|due|within||one|year|12|(6,750)||(27,341)||
|NET
CURRENT||ASSETS||||||278,468||239,972||
|TOTAL|ASSETS|LESS||CURRENT||||||||
|LIABILITES||||||||11,931,559||11,703,175||
|NET
ASSETS||||||||11,931,559||11,703,175||
|FUNDS||||||||||||
|Unrestricted|funds||||||13|11,931,559||11,703,175||
|TOTAL|FUNDS|||||||11,931,559||11,703,175||
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|2|DONATIO|NS|AN|D
LEGACIES||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2024||2023||
||||||||||||£||£|
||Donations|||||||||2,550||143,020||
|3|INVESTMENT||INCOME|||||||||||
|||||||||||2024||2023||
||||||||||||£||£|
||Deposit|account||interest||||||14,308||15,299||
||Income|from|listed|investments||||||228,570||189,132||
|||||||||||242,878||204,431||
|4|CHARITABLE||ACTIVITIES||COSTS|||||||||
||||||||Grant|||||||
|||||||funding||of||Support||||
|||||||activities||||costs||||
|||||||(see|note|5)|(see|note|6)|Totals||
|||||||||£|||£||£|
||Other||||||173,121|||19,213||192,334||
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|||||||Unrestricted||
|---|---|---|---|---|---|---|---|
|||||||Fund||
||||||||£|
|INCOME|AND|EDOWMENTS|||FROM|||
|Donations|and|legacies||||143,020||
|Investment|income|||||204,431||
|Total||||||347,451||
|EXPENDITURE||ON||||||
|Charitable|activities|||||||
|Other||||||229,783||
|Net
(losses)||on|investments|||(387,370)||
|NET
(EXPENDITURE)||||||(269,702)||
|RECONCILIATION|||OF|FUNDS||||
|Total
funds|brought||forward|||11,972,877||
|TOTAL
FUNDS||CARRIED|||FORWARD|11,703,175||
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|FIXED
ASSET
INVESTMENTS|||||
|---|---|---|---|---|
||2024||2023||
|||£||£|
|Shares|10,401,352||10,597,954||
|Other|1,251,739||865,249||
||11,653,091||11,463,203||
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|Additional|Additional|Additional|information|as|follows:|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Shares|in|||Cash|and||||
||||||group||Listed||settlements|||||
||||||undertakings||investments||pending|||Totals||
|||||||||£|||£||£|
|MARKET|||VALUE|||||||||||
|At|6|April|2023||5,981,434||4,563,973|||52,547||10,597,954||
|Additions|||||||1,192,666|||||1,192,666||
|Disposals|||||||(1,513,599)||(27,436)|||(1,541,035)||
|Revaluations|||||||151,767|||||151,767||
|At|5|April|2024||5,981,434||4,394,807|||25,111||10,401,352||
|NET||BOOK|VALUE|||||||||||
|At|5|April|2024||5,981,434||4,394,807|||25,111||10,401,352||
|At|5|April|2023||5,981,434||4,563,973|||52,547||10,597,954||
||||Shares|in|||Cash
and||||
|---|---|---|---|---|---|---|---|---|---|---|
||||group||Listed||settlements||||
||||undertakings||investments||pending||Totals||
|||||||£||£||£|
|Valuation|in|2024|5,981,434||4,394,807||25,111||10,401,352||
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||Investments|Investments|(neither|(neither|listed|nor|unlisted)|unlisted)|were|as|follows:|follows:||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||||2024||2023|
||||||||||||||||£||£|
||Government||stocks|||||||||||615,524||||
||Building|societies||and|fixed|||||||||636,215|||865,249|
|||||||||||||||1,251,739|||865,249|
|11|DEBTORS:||AMOUNTS|||FALLING||DUE|WITHIN|||ONE|YEAR|||||
||||||||||||||||2024||2023|
||||||||||||||||£||£|
||Prepayments||and|accrued||income|||||||||2,934||43,084|
|12|CREDITORS:||AMOUNTS|||FALLING||DUE||WITHIN||ONE||YEAR||||
||||||||||||||||2024||2023|
||||||||||||||||£||£|
||Other|creditors|||||||||||||6,750||27,341|
|13|MOVEMENT||IN|FUNDS||||||||||||||
||||||||||||||||Net|||
||||||||||||At||movements||||At|
|||||||||6|April|2023||||in|funds|April|2024|
|||||||||||||£|||£||£|
||Unrestricted||funds|||||||||||||||
||General|fund|||||||11,703,175|||||228,384||11,931,559||
||TOTAL|FUNDS|||||||11,703,175|||||228,384||11,931,559||
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|||||Incoming|Incoming||Resources|Gains|and|||Movement|Movement|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||resources|||expended||losses|||in|funds|
|||||||£||£||£|||£|
|Unrestricted||funds||||||||||||
|General|fund||||245,428||(192,334)|175,290||||228,384||
|TOTAL|FUNDS||||245,428||(192,334)|175,290||||(228,384)||
|Comparatives||for|movement|in|funds|||||||||
|||||||||Net||||||
||||||||At|movements|||||At|
||||||6|April|2022|infunds|||5|April|2023|
||||||||£||£||||£|
|Unrestricted||funds||||||||||||
|General|fund|||||11,972,877||(269,702)||||11,703,175||
|TOTAL|FUNDS|||||11,972,877||(269,702)||||11,703,175||
||||Incoming||Resources||Gains|and||Movement||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||resources||expended|||losses||in
funds||
|||||£||£|||£||£|
|Unrestricted||funds||||||||||
|General|fund||347,451||(229,783)||(387,370)|||269,702||
|TOTAL|FUNDS||347,451||(229,783)||(387,370)|||269,702||
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|||||Registered|Registered|Nature|of|Class||of|shares|%|held|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Name|of|Undertaking||Office||business||held||||(direct)||
|PMG|Investments||Limited|United|Kingdom|Property||A €|B|Preference|||100|
|||||||Investment||||||||
|PMG|Investments||Limited|United|Kingdom|Property||Ordinary|||||76|
|||||||Investment||||||||
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||||||||2024||2023||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||£||£|
|INCOME
AND
ENDOWMENTS|||||||||||
|Donations|and
legacies||||||||||
|Donations|||||||2,550||143,020||
|Investments|||||||||||
|Deposit
account
interest|||||||14,308||15,299||
|Income
from|listed|investments|||||228,570||189,132||
||||||||242,878||204,431||
|Total
incoming
resources|||||||245,428||347,451||
|EXPENDITURE|||||||||||
|Charitable|activities||||||||||
|Grants
to
institutions|||||||173,121||194,816||
|Support
costs|||||||||||
|Management|||||||||||
|Postage
and|stationery||||||||||
|Sundries||||||||||6|
|Accountancy|||||||1,500||2,598||
|Management|fees||||||11,344||27,044||
||||||||12,844||29,648||
|Finance|||||||||||
|Bank
charges|||||||69||69||
|Governance|costs||||||||||
|Auditors'
remuneration|||||||6,300||5,250||
|Total
resources|expended||||||192,334||229,783||
|Net
income|before|gains|and||losses||53,094||117,668||
|Realised
recognised||gains||and|losses||||||
|Realised
gains/(losses)||on|fixed|asset||investments|175,290||(387,370)||
|Net
income/|(expenditure)||||||228,384||(269,702)||