2022-04-05-accounts - Sir Samuel Scott Of Yews Trust

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`NameofCharity:`	`SirSamuelScottofYewsTrust`
	`Bya Deeddated16November1961theCharityknownasSirSamuel`
	`Scott'sCharity(dated26March1951)amalgamatedwithSirSamuelScott`
	`ofYewsTrust(dated15March1951).Theprincipalgoverningdocumentis`
	`theSettlementDeeddated15March1951.TheSettlementisa private`
	`charitabletrustcontrolledbyitstrustees.`
	`Thepowerofappointingnewtrusteesisvestedinthesurvivingtrustees.`
	`Ifneworadditionaltrusteesareappointedtheywillbeencouragedto`
	`receiveappropriatetrainingdependingontheirqualificationsand`
	`experience.`
`CharityRegistrationNumber:`	`220878`
`Referenceandadministrative information`
`Trustees:`	`HermioneStanford`
	`EdwardRHPerks`
	`CamillaWithington`
`PrincipalOfficeAddress:`	`Currey& CoLLP`
	`33QueenAnneStreet`
	`London,W1G9HY`
`Solicitors:`	`Currey& CoLLP`
	`33QueenAnneStreet`
	`London,W1G9HY`
`Accountants:`	`Mercer& HoleTrusteesLimited`
	`72LondonRoad`
	`StAlbans,HertsAL11NS`
`IndependentExaminer:`	`SteveRobinsonFCA`
	`Mercer& HoleLLP`
	`72LondonRoad,`
	`StAlbans,HertsAL11NS`
`InvestmentManagers:`	`Smith& Williamson`
	`25Moorgate`
	`London,EC2R6AY`

		`Expendable`	`Unrestricted`
		`Endowment`	`Income`
		`Funds`	`Funds`	`2022`	`2021`
				`Total`	`Total`
	`Note`	`£`	`£`	`£`	`£`
`Incomeandendowments`
`Investmentincome`		`-`	`117,850`	`117,850`	`101,705`
`Exchangerategain`		`111`	`-`	`111`	`243`
`Transferbetweenfunds`	`1b`	`(87,239)`	`87,239`	`-`	`-`
`Swisstaxreclaimed`		`-`	`-`	`-`	`2,588`
`Totalincomeandendowments`		`(87,128)`	`205,089`	`117,961`	`104,536`
`Expenditureon`
`Costsofraisingfunds`
`Investmentmanagementcosts`		`42,948`	`-`	`42,948`	`38,237`
`Charitableactivities`		`1,001,260`	`205,089`	`1,206,349`	`182,828`
`Totalexpenditure`		`1,044,208`	`205,089`	`1,249,297`	`221,065`
		`(1,131,336)`	`-`	`(1,131,336)`	`(116,529)`
`Netgains/(losses)oninvestments`		`527,305`	`-`	`527,305`	`—1,589,651`
`Netincome/(expenditure)`		`(604,031)`	`-`	`(604,031)`	`1,473,122`
`Netmovementinfunds`		`(604,031)`	`-`	`(604,031)`	`1,473,122`
`Reconciliationoffunds`
`Totalfundsbroughtforward`		`8,389,497`	`:`	`8,389,497`	`—_6,916,375`
`Totalfundscarriedforward`		`7,785,466`	`-`	`7,785,466`	`_8,389,497`

	`Note`		`2022`		`2021`
		`£`	`£`	`£`	`£`
`Fixedassets`
`Listedinvestmentsatmarketvalue`			`7,436,660`		`8,307,813`
`Currentassets`
`Cashheldaspartoftheinvestmentportfolio`		`349,318`		`85,897`
`Incometaxrecoverable`		`1,968`		`1,968`
		`351,286`		`87,865`
`Currentliabilities`
`Amountsfallingduewithinoneyear`		`2,480`		`6,181`
`Netcurrentassets`			`348,806`		`81,684`
`Netassets`			`7,785,466`		`8,389,497`
`Expendableendowmentfunds`	`10`		`7,785,466`		`8,389,497`
`Unrestrictedincomefunds`
`Totalfunds`			`7,785,466`		`8,389,497`

`3.`	`Investmentincome`	`2022`	`2021`
		`£`	`£`
	`Dividends`	`117,850`	`101,663`
	`Depositinterest`	`-`	`42`
		`117,850`	`101,705`
`4.`	`Costofraisingfunds`	`2022`	`2021`
		`£`	`£`
	`Investmentmanagementcharges`	`42,948`	`38,237`

`Charitableactivities`	`2022`	`2021`
	`£`	`£`
`Charitableactivities`	`1,206,349`	`182,828`
`Thebreakdownofcharitableactivitiesisasfollow:`
	`2022`	`2021`
	`£`	`£`
`DonationtoTheKathleenTrust`	`1,001,260`
`Grants- seepage12`	`191,000`	`166,000`
	`1,192,260`	`166,000`

`Thecharityundertakesitscharitable`	`activitiesthroughgrantmakingandawardedgrantstoa`	`activitiesthroughgrantmakingandawardedgrantstoa`
`numberofinstitutionsinfurtherance`	`ofitscharitableactivities.`
`Analysisofcharitableexpenditure`	`:`
`Governancecosts`	`2022`	`2021`
	`£`	`£`
`Unrestrictedincomefunds`
`Accountant'scharges`	`5,460`	`7,380`
`Independentexaminationfees`	`1,800`	`1,800`
`Legalfees`	`6,749`	`7,648`
`Bankcharges`	`80`
	`14,089`	`16,828`
`TotalCharitableactivities`	`_1,206,349`	`182,828`

`6.`	`Fixedassetinvestments`
			`2022`	`2021`
			`£`	`£`
	`Marketvalueat6 April2021`		`8,307,813`	`6,761,913`
	`Additions`		`1,980,965`	`2,905,307`
	`Disposals`		`(3,379,423)`	`(2,949,058)`
	`Netrealisedinvestmentgains/(losses)`		`210,970`	`278,628`
	`Netunrealisedinvestmentgains`		`316,335`	`1,311,023`
	`Marketvalueat5 April2022`		`7,436,660`	`8,307,813`
	`Historicalcostat5 April2022`		`6,254,508— 6,823,483`
`7.`	`Taxrecoverable`
			`2022`	`2021`
			`£`	`£`
	`UKtaxrecoverable`		`1,968`	`1,968`
`8.`	`Liabilities:Amountsfallingduewithinoneyear`
			`2022`	`2021`
			`£`	`£`
	`Accountancyfees`		`-`	`1,500`
	`Legalfees`		`2,480`	`4,681`
			`2,480`	`6,181`
`0.`	`Analysisofnetassetsbetweenfunds`
		`Fixed`	`NetCurrent`
		`Assets`	`Assets`	`Total`
		`£`	`£`	`£`
	`2022`
	`ExpendableEndowmentFunds`	`7,436,660`	`348,806`	`7,785,466`
	`UnrestrictedFunds`
		`7,436,660`	`348,806`	`7,785,466`
	`2021`
	`ExpendableEndowmentFunds`	`8,307,813`	`81,684`	`8,389,497`
	`UnrestrictedFunds`
		`8,307,813`	`81,684— 8,389,497`

		`Expendable`	`Unrestricted`
		`Capital`	`Income`	`2021`
	`Notes`	`Funds`	`Funds`	`Total`
		`£`	`£`	`£`
`Incomeandendowmentsfrom`
`Investmentincome`	`3`	`-`	`101,705`	`101,705`
`Exchangerategain`		`243`		`243`
`Transferbetweenfunds`		`(78,535)`	`78,535`	`-`
`Swisstaxreclaimed`		`-`	`2,588`	`2,588`
`Totalincomeandendowments`		`(78,292)`	`182,828`	`104,536`
`Expenditureon`
`Costsofraisingfunds`
`Investmentmanagementcosts`	`4`	`38,237`	`-`	`38,237`
`Charitableactivities`	`5`	`-`	`182,828`	`182,828`
`Totalexpenditure`		`38,237`	`182,828`	`221,065`
		`(116,529)`	`-`	`(116,529)`
`Netgains/(losses)oninvestments`	`6`	`1,589,651`	`:`	`1,589,651`
`NetIncome/(expenditure)`		`1,473,122`	`-`	`1,473,122`
`Reconciliationoffunds`
`Totalfundsbroughtforward`		`6,916,375`	`-`	`6,916,375`
`Totalfundscarriedforward`		`8,389,497`	`-`	`8,389,497`

	`2022`
	`£`
`ActionMedicalResearchforChildren`	`3,000`
`AnthonyNolan`	`5,000`
`AntibioticResearchUK`	`5,000`
`AssociationofBritishNeurologists`	`2,000`
`AsthmaUK`	`10,000`
`BoneCancerResearchTrust`	`2,000`
`BRACE`	`2,000`
`BritishHeartFoundation`	`2,000`
`Cerebra`	`1,000`
`Crohn's& ColitisUK`	`2,000`
`ClatterbridgeCancerCharity`	`2,000`
`CureParkinson'sTrust`	`5,000`
`CysticFibrosisTrust`	`10,000`
`DesignabilityCharity`	`10,000`
`EpilepsyResearchUK`	`3,000`
`FightforSight`	`5,000`
`GynaecologyCancerResarchFund`	`2,000`
`InstituteforCancerVaccines& Immunotherapy`	`2,000`
`JuvenileDiabetesResearchFund`	`2,000`
`KidneyResearchFund`	`10,000`
`LiverGroupCharity`	`2,000`
`MotorNeuroneDiseaseAssociation`	`5,000`
`NF2BioSolutionsUK`	`5,000`
`NottinghamTrentUniversity`	`1,000`
`Orchid`	`10,000`
`PancreaticCancerUK`	`10,000`
`Parkinson'sUK`	`5,000`
`ProstateCancerUK`	`5,000`
`PSSC`	`5,000`
`RoyalHospitalforNeuro-Disability`	`4,000`
`StMark'sHospitalFoundation`	`10,000`
`StokeMandevilleSpinalResearch`	`3,000`
`TargetOvarianCancer`	`5,000`
`TheBrainTumourCharity`	`3,000`
`TheInstituteofCancerResearch`	`10,000`
`VersusArthritis`	`5,000`
`WellbeingofWomen`	`10,000`
`WorldCancerResearchFund`	`3,000`
`YorkshireBrainTumourCharity`	`5,000`
	`£191,000`