| Contents | Page | |||||
|---|---|---|---|---|---|---|
| Reference and administrative | details | |||||
| Report ofthe | trustees | |||||
| Independent | Examiner's | report | on the financial | statements | ||
| Statement of | financial | activities | ||||
| balance sheet |
||||||
| Notes forming | part of | the | financial statements, | incorporating: | ||
| Statement of accounting |
policies | |||||
| Other | notes to | the | financial statements |
| Unrestricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | 2022 | 2021 | |||
| Notes | E | |||||
| Income | ||||||
| Investments | 163,501 | 8,220 | 171,721 | 182,732 | ||
| Total income | 163,501 | 8,220 | 171,721 | 182,732 | ||
| Expenditure | ||||||
| Costs ofraising funds: | ||||||
| Management costs |
1,267 | 10,047 | 11,314 | 678 | ||
| Charitable activities: |
||||||
| Grants to institutions | 150,000 | 150,000 | 145,000 | |||
| Support costs | 10,923 | 10,923 | 10,180 | |||
| Total expenditure | 162,190 | 10,047 | 172,237 | 155,858 | ||
| Net income/(expenditure) before investment gains/(losses) |
1,311 | (1,827) | (516) | 26,874 | ||
| Net (losses)/gains on investments |
10 | (41,567) | (680,575) | (722,142) | 574.936 | |
| Net income/(expenditure) transfers |
before | (40,256) | (682,402) | (722,658) | 601,810 | |
| Gross transfers between |
funds | 10 | ||||
| Net movement in funds |
(40,256) | (682,402) | (722,658) | 601,810 | ||
| Reconciliation offunds |
||||||
| Total funds brought forward |
10 | 556,649 | 5,699,926 | 6,256,575 | 5,654,765 | |
| Total funds carried forward | 516,393 | 5,017,524 | 5,533,917 | 6,256,575 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Fixed assets | |||||
| Investment | property | 224,403 | 224,403 | ||
| Investments | 5,281,872 | 6,007,536 | |||
| 5,506,275 | 6,231,939 | ||||
| Current assets | |||||
| Debtors | 4,341 | 3,914 | |||
| Cash at bank and in | hand | 29,657 | 26,705 | ||
| 33,998 | 30,619 | ||||
| Creditors; | amounts | falling | |||
| due within | one year | 8,356 | 5,983 | ||
| Net current | assets | 27,642 | 24,636 | ||
| Net assets | 5,533,917 | 6,256,575 | |||
| Funds ofthe charity: | |||||
| Unrestricted | funds | 10 | 516,393 | 556,649 | |
| Endowment | funds | 10 | 5,017,524 | 5,699,926 | |
| Total funds | 5,533,917 | 6,256,575 |
| Unrestricted | Endowment | Total | Total | ||
|---|---|---|---|---|---|
| funds f |
funds f |
2022 f |
2021f | ||
| Income from listed investments | 163,501 | 8,220 | 171,721 | 182,732 | |
| 163,501 | 8,220 | 171,721 | 182,732 | ||
| 2021 total | 157,059 | 25,673 | 182,732 | ||
| 3. | Grants payable to institutions |
| Grants payable to institut | i | ons | ||
|---|---|---|---|---|
| Total | Total | |||
| 2022 | 2021 | |||
| f | ||||
| Institutions: | ||||
| Age UK Group | 4,000 | 5„000 | ||
| Air Ambulance (Great Western) |
6,500 | 5,000 | ||
| Barnardos | 4,000 | |||
| Bible Society | 4,000 | |||
| BIDServices | 4,000 | |||
| Birmingham Royal Ballet |
3,500 | 2,000 | ||
| Birmingham St Mary's Hospice |
5,000 | |||
| Birmingham Settlement |
4,000 | 5,000 | ||
| Bowel Cancer UK | 6,000 | 3,000 | ||
| British Heart Foundation | 5,000 | |||
| Bumblebee Conservation |
Trust | 3,500 | 2,000 | |
| Carcrs UK | 4,000 | 3,000 | ||
| Combat Stress | 5,000 | |||
| The Corryrneela Community |
4,000 | 5,000 | ||
| Crohns and Colitis UK | 2,000 | 2,000 | ||
| Dementia UK |
4,000 | 5,000 | ||
| Dodford Children's Holiday |
Farm | 4,000 | 5,000 | |
| Douglas Bader Foundation | 1,000 | |||
| Future Trees Trust | 8,750 | 4,000 | ||
| Galapagos Conservation |
Trust | 3,500 | 1,000 | |
| Hearing Dogs |
5,000 | |||
| Home Start Bristol | 4,000 | |||
| Ironbridge Gorge Museum |
Trust Ltd | 2,000 | ||
| Lake District Foundation | 6,000 | |||
| The Leprosy Mission | 4,000 | 4,000 | ||
| Carried forward | 75,750 | 82,000 |
| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| 2022f | 2021f | ||||||
| Brought forward | 75,750 | 82,000 | |||||
| Mapaction | 4,000 | ||||||
| Marie Curie Cancer Care | 4,000 | ||||||
| Marine Conservation | Trust | 4,000 | |||||
| Macmillan Cancer support |
5,000 | ||||||
| National Trust |
4,000 | 5,000 | |||||
| Places2Be | 2,000 | ||||||
| Prisoners Abroad | 4,000 | 5,000 | |||||
| Rainforest Foundation |
4,000 | 5,000 | ' | ||||
| Relate | 5,000 | ||||||
| Royal Airforce Benevolent | 4,000 | ||||||
| RNIB | 4,aoo | ||||||
| Scout Association - 8th Darlington | (Cockerton Gree | n) Scout Group | 5,5oa | ||||
| Severn Valley Railway | 1,000 | ||||||
| StGeorge's Youth club | 4,000 | 3,000 | |||||
| Stroke Association | 4,000 | 5,000 | |||||
| Surrey Drug & Alcohol | Care (SDAC) | 3,500 | 1,000 | ||||
| Survival International |
3,000 | ||||||
| Tall Ships Youth Trust | 3,600 | ||||||
| The Heart of England | Forest | 3,000 | |||||
| The House on the Corner | 4,000 | ||||||
| UN ICCI | 4,000 | ||||||
| United Christian Broadcasters |
4,000 | ||||||
| Warley Wood Community | Trust | 8,750 | |||||
| Wildlife Trust Warwickshire | 4,000 | ||||||
| Wildlife Trust Yorkshire | 4,000 | ||||||
| Woodland Trust |
5,000 | ||||||
| YMCA (England and Wales) |
5,000 | ||||||
| Youth Moves | 3,000 | ||||||
| Total | 150,000 | 145,000 | |||||
| Total number of grants | 35 |
| Analysis ofs | upport c | ost | s | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||||
| funds F |
funds | 2022 | 2021f | ||||
| Independent | examination | fee | 1,860 | 1,860 | 1,860 | ||
| Legal and professional | fee | 9,000 | 9,000 | 8,320 | |||
| Sundry expenses | 63 | 63 | |||||
| 10,923 | 10,923 | 10,180 | |||||
| 2021 total | 10,160 | 10,180 |
| 6. | Investment property |
Investment property |
||||||
|---|---|---|---|---|---|---|---|---|
| Woodland | ||||||||
| Valuation | ||||||||
| At 30November | 2021 and 30 | November | 2022 | 224,403 | ||||
| The property was purchased |
at the end | of 2016. The Trustees | have considered | the valuation | and deem this |
|||
| appropriate for |
the current year. | |||||||
| No formal valuation | has been | undertaken | but this will be reviewed | on an annual basis. | ||||
| 7. | Fixed asset investments | |||||||
| Listed | ||||||||
| securities | ||||||||
| Market value | ||||||||
| At 1 December | 2021 | 6,007,536 | ||||||
| Additions | 471,574 | |||||||
| Disposals | (399,671) | |||||||
| Revaluations | (797,567) | |||||||
| At 30November | 2022 | 5,281,872 |
| 8. | Debtors | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Total | Total | |||||||||
| 2022f | 2021f | |||||||||
| Prepayments | 711 | |||||||||
| Amounts held by |
investment | managers | 4,341 | 3,203 | ||||||
| 4,341 | 3,914 | |||||||||
| 9. | Creditors - amounts | falling | due within | one year | ||||||
| Total | Total | |||||||||
| 2022 | 2021 | |||||||||
| f | f | |||||||||
| Accruals | 6,366 | 5,983 | ||||||||
| 6,356 | 5,983 | |||||||||
| 10. | Analysis of | funds | ||||||||
| Balance at | Gains, | Balance at | ||||||||
| 1 December | Incoming | Resources | losses and | 30November | ||||||
| 2021f | resources f |
expended f |
transfers | 2022 | ||||||
| Designated | funds | |||||||||
| A D Wilson Memorial | Fund | 473,956 | 153,738 | (150,711) | (41,567) | 435,416 | ||||
| Revaluation | reserve | |||||||||
| Woodland | 51,190 | 51,190 | ||||||||
| Total designated | funds | 525,146 | 153,738 | ~150,711 | ~41,567 | 486,606 | ||||
| General funds General fund |
31,5D3 | 9,763 | ~71,479 | 29,787 | ||||||
| Total Unrestricted | funds | 556 649 | 163,501 | ~162.190 | ~41.567 | 516.393 | ||||
| Endowment | funds | |||||||||
| Expendable | endowment | 5,699,926 | 8,220 | (10,047) | (680,576) | 5,017,524 | ||||
| Total funds | 6,256,575 | 171,721 | ~172,237 | ~722,142 | 5,533,917 |
| Comparative | in | forma | tion in re |
spect ofthe prece | ding | period is as follows: | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Gains, | Balance at | |||||||||
| 1 December | Incoming Resources |
losses and | 30November | ||||||||
| 2020 | resources expended |
transfers | 2021 | ||||||||
| f. | |||||||||||
| Designated | funds | ||||||||||
| A D Wilson Memorial | Fund | 471,588 | 148,046 (145,678) |
473,956 | |||||||
| Revaluation | reserve | ||||||||||
| Woodland | 51,190 | 51,190 | |||||||||
| Total designated | funds | 522,778 | 148,046 ~145,678 | 525,146 | |||||||
| General funds | |||||||||||
| General fund |
7,421 | 9,013 (10,180) |
25,249 | 31,503 | |||||||
| Total Unrestricted | funds | 530,199 | 157,059 ~155,858 | 25,249 | 556,649 | ||||||
| Endowment | funds | ||||||||||
| Expendable | endowment | 5,124,566 | 25,673 | 549,687 | 5,699,926 | ||||||
| Total funds | 5,654,765 | 182,732 ~I55,858 | 574,936 | 6,256,575 | |||||||
| Name offund | Description, | nature | and purpose offund | ||||||||
| AD Wilson Memorial | Fund | This is held in |
memory ofa former chairman | ofthe Trust as a reserve for on- | |||||||
| off larger projects which may arise in subsequent |
years. A woodland was |
||||||||||
| purchased in |
the year ending 30 November |
2016 and is shown as an |
|||||||||
| investment property. |
There is also consideration | of a bursary/sponsorship | |||||||||
| for training in forestry/woodland management |
being explored. | ||||||||||
| Expendable | endowmentfund | This fund is the capital endowment arising |
from | the creation | of | the trust | |||||
| which is held to generate income for use in furthering the charitable |
objects. | ||||||||||
| The fund is available | to spend at the discretion | of | the Trustees. |
| 11 | . Analysis ofnet assets betwee | . Analysis ofnet assets betwee | . Analysis ofnet assets betwee | n funds |
||||
|---|---|---|---|---|---|---|---|---|
| Fund balances at30 November | ||||||||
| 2022 are represented by: |
Unrestricted | Endowment | Total | |||||
| funds | funds | funds | ||||||
| f | f | f | ||||||
| Fixed asset investments | 278,707 | 5,003,165 | 5,281,872 | |||||
| Investment property |
224,403 | 224,403 | ||||||
| Current assets Current liabilities Total net assets |
19,639 ~6,356 516,393 |
14,359 5017524 |
33,998 ~6,356 5533,917 |
|||||
| Comparative information |
in | |||||||
| respect ofthe preceding | period | is | ||||||
| as follows: | Unrestricted | Endowment | Total | |||||
| funds | funds | funds | ||||||
| f | f | f | ||||||
| Fixed asset investments | 320,767 | 5,686,769 | 6,007,536 | |||||
| Investment property |
224,403 | 224,403 | ||||||
| Current assets Current liabilities Total net assets |
17,462 ~5,983 556,649 |
13,157 5,699,926 |
30,619 ~5,983 6,256,575 |
|||||
| 12. | Related party transactions | |||||||
| Ms Jaime Hobday (secretary) Wasbrough Vizards LLP |
is | a partner ofVeal | 2022f | 2021 | ||||
| Secretarial services recharged | by related | party during the year | 8,625 | 8,320 |