| PAGE | ||
|---|---|---|
| Annual Report |
1-4 | |
| Independent Examiners |
Report | |
| Statement of Financial |
Activities | |
| Balance Sheet | ||
| Notes to the Accounts | 8-10 |
| Trustees: | ||||||
|---|---|---|---|---|---|---|
| The Charity | trustees | who served | during the year |
are: | ||
| Dr RW Henshaw | Chairman | Co-opted | ||||
| Mrs A J Reynolds | Resigned | 25 April 2023 | Co-opted | |||
| The Lord Bishop of | Lichfield | Ex officio | ||||
| Mr A J Burns-Mace | Appointed | 15May 2023 | Ex officio | |||
| Dr D Brown | Co-opted | |||||
| Mr J Checkland | Terminated | 15May 2023 | Ex officio | |||
| Mrs J A Greaves | Terminated | 15May 2023 | Ex officio | |||
| Mrs A L Hughes | Appointed | 15May 2023 | Ex officio | |||
| Dr C M Lockwood | Co-opted | |||||
| Principal Address: | Mr S RJames | |||||
| The Clerk to the Trustees | ||||||
| Bank House Farm | ||||||
| Woodhouses | ||||||
| Yoxall | ||||||
| Staffs | ||||||
| DE13SNR | ||||||
| Registered | Charity | Number: | 215036 | |||
| Website: | www. ma | slater. or .uk | ||||
| Principal Bankers: | National | Westminster | Bank pic | |||
| Market Street | ||||||
| Lichfield | ||||||
| Staffs | ||||||
| WS136LE | ||||||
| Independent | Examiner: | A P Morris FCA | ||||
| of Dains | Audit Ltd | |||||
| Chartered | Accountants | |||||
| StJohns | Court | |||||
| Wiltell Road | ||||||
| Lichfield | ||||||
| Staffs | ||||||
| WS149DS | ||||||
| Investment | Advisers: | RBC Brewin Dolphin | ||||
| 6th Foor, | The Chatwin | Building | ||||
| 81 Colmore Row | ||||||
| Birmingham | ||||||
| B32BA |
| YEAR ENDED 31 DECE | MBER 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||||||
| Notes | Income E |
Funds | Fund f |
2023 | 2022 | ||||
| Income and endowments | from: | ||||||||
| Investments | |||||||||
| Income from listed investments | 58,903 | 58,903 | 50,437 | ||||||
| Deposit interest and similar income | 2,351 | 2,351 | 644 | ||||||
| Donations | 300 | 300 | |||||||
| Total income | 61,554 | 61,554 | 51,081 | ||||||
| Expenditure on: |
|||||||||
| Charitable activities |
2 | 5,485 | 5,485 | 45,352 | |||||
| Clerk's salary | 5,950 | 5,950 | 5,161 | ||||||
| Independent examiner's |
fee | 1,110 | 1,110 | 1,080 | |||||
| Investment management |
charges | 3 | 966 | 9,280 | 10,246 | 10,328 | |||
| Sundry expenses | 610 | 610 | 81 | ||||||
| Total | 14,121 | 9,280 | 23,401 | 62,002 | |||||
| Net gains/(losses) on investments |
5 | 1,794 | 95,019 | 96,813 | (199,133 | ||||
| Net income/expenditure | 49,227 | 85,739 | 134,966 | (210,054) | |||||
| Net movement in funds |
49,227 | 85,739 | 134,966 | (210,054) | |||||
| Reconciliation offunds: |
|||||||||
| Total funds brought forward |
234,702 | 1,587,412 | 1,822,114 | 2,032,168 | |||||
| Total funds carried forward | 283,929 | 1,673,151 | 1,957,080 | 1,822,114 |
| THE MARY SLATER CHARITY BALANCE SHEET 31 DECEMBER 2023 |
|||||
|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||
| Income Funds | Fund | 2023 | 2022 | ||
| Notes | E | E | E | E | |
| Fixed Assets | |||||
| Listed Investments | 5 | 168,917 | 1,671,185 | 1,840,102 | 1,753,964 |
| Current Assets | |||||
| Debtors | 5,050 | 5,050 | 3,256 | ||
| Balances at Bank: | |||||
| Deposit | 48,191 | 4,288 | 52,479 | 52,479 | |
| Current | 62,810 | 62,810 | 23,280 | ||
| Total Current Assets | 116,051 | 4,288 | 120,339 | 79,015 | |
| Liabilities: | |||||
| Creditors falling due within one year |
1,039 | 2,322 | 3,361 | 10,865 | |
| Net Current Assets | 115,012 | 1,966 | 116,978 | 68,150 | |
| Net Assets | 283,929 | 1,673,151 | 1,957,080 | 1,822,114 | |
| The funds ofthe charity: | |||||
| Permanent endowment |
1,673,151 | 1,673,151 | 1,587,412 | ||
| Unrestricted income funds |
283,929 | 283,929 | 234,702 | ||
| Total charity funds | 283,929 | 1,673,151 | 1,957,080 | 1,822,114 |
| 5 Listed | Investments | Investments | |||||
|---|---|---|---|---|---|---|---|
| Income | Endowment | Total | Total | ||||
| Fund | Fund | 2023 | 2022 | ||||
| E | E | E | E | ||||
| Listed Investments | 166,572 | 1,667,869 | 1,834,441 | 1,746,204 | |||
| Investment | Porffolio Cash | 2,345 | 3,316 | 5,661 | 7,760 | ||
| 168,917 | 1,671,185 | 1,840,102 | 1,753,964 | ||||
| Investments | held at01.01.23 | 164,780 | 1,581,424 | 1,746,204 | 1,931,241 | ||
| Additions | at | cost | 17,007 | 548,005 | 565,012 | 169,229 | |
| Disposals | at carrying | value | (17,009) | (556,579) | (573,588) | (155,133) | |
| Add net gain/(loss) on revaluation |
1,794 | 95,019 | 96,813 | 199,133) | |||
| Investments | held at 31.12.23 | 166,572 | 1,667,869 | 1,834,441 | 1,746,204 |
| Asset sales | and pu | rchases are recognis |
ed at the date |
oftrade at cost | (that is their tr |
|---|---|---|---|---|---|
| 6 Debtors | 2023 | 2022 | |||
| E | E | ||||
| Investment | Income | 5,050 | 3,256 | ||
| In 2022 all debtors | relate to unrestricted | income funds. | |||
| 7 Bank balances | 2023 | 2022f | |||
| Deposit | 52,479 | 52,479 | |||
| Current | 62,810 | 23,280 | |||
| 115,289 | 75,759 | ||||
| Unrestricted | income funds | 111,001 | 71,014 | ||
| Endowment | fund | 4,288 | 3,594 | ||
| 115,289 | 75,759 | ||||
| 8 Creditors | 2023 | 2022 | |||
| Creditors and accrued expenses |
3,361 | 3,365 | |||
| Grants authorised | but not paid | 7,500 | |||
| 3,361 | 10,865 | ||||
| Unrestricted | income funds | 1,039 | 6,057 | ||
| Endowment | fund | 2,322 | 2,537 | ||
| 3,361 | 10,865 |
| 0 Analy | sis of Net Assets Be | tween Funds | ||
|---|---|---|---|---|
| Accumulated | Endowment | Total | ||
| Income Fund | Fund | 2022 | ||
| E | E | E | ||
| Fixed Assets | 168,095 | 1,585,869 | 1,753,964 | |
| Current | Assets | 75,152 | 3,863 | 79,015 |
| Current | Liabilities | (8,545) | (2,320) | (10,865) |
| Fund Balance | 234,702 | 1,587,412 | 1,822,114 |