| Page | Contents | ||
|---|---|---|---|
| Reference and Administrative | Information | ||
| 2-7 | Trustees' Annual Report |
||
| Statement of Financial |
Activities | ||
| Balance Sheet | |||
| 10-12 | Notes to the Accounts | ||
| Independent Examiner's |
Report |
| Governing | Documents | The Charity is governed by a Scheme ofthe Charity Commission dated 25 August 1983as amended by a Trustees' Resolution dated 5 November 2019. |
The Charity is governed by a Scheme ofthe Charity Commission dated 25 August 1983as amended by a Trustees' Resolution dated 5 November 2019. |
The Charity is governed by a Scheme ofthe Charity Commission dated 25 August 1983as amended by a Trustees' Resolution dated 5 November 2019. |
The Charity is governed by a Scheme ofthe Charity Commission dated 25 August 1983as amended by a Trustees' Resolution dated 5 November 2019. |
The Charity is governed by a Scheme ofthe Charity Commission dated 25 August 1983as amended by a Trustees' Resolution dated 5 November 2019. |
The Charity is governed by a Scheme ofthe Charity Commission dated 25 August 1983as amended by a Trustees' Resolution dated 5 November 2019. |
The Charity is governed by a Scheme ofthe Charity Commission dated 25 August 1983as amended by a Trustees' Resolution dated 5 November 2019. |
The Charity is governed by a Scheme ofthe Charity Commission dated 25 August 1983as amended by a Trustees' Resolution dated 5 November 2019. |
The Charity is governed by a Scheme ofthe Charity Commission dated 25 August 1983as amended by a Trustees' Resolution dated 5 November 2019. |
The Charity is governed by a Scheme ofthe Charity Commission dated 25 August 1983as amended by a Trustees' Resolution dated 5 November 2019. |
|---|---|---|---|---|---|---|---|---|---|---|---|
| The Charity is registered under registered charity |
with the number |
Charity Commission is 222999. |
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| Trustees | |||||||||||
| David John Stanley (Chairman) | |||||||||||
| Nicolas Anthony | Barlow | ||||||||||
| Julie Dawn Bull |
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| Alan Johnson | |||||||||||
| Anne Elizabeth | Millward | ||||||||||
| Michael John Shaw | |||||||||||
| Elaine Ann Taylor (appointed 02.08.2022) Stephen James Waitho MBE |
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| Michael Stuart Williams | |||||||||||
| Clerk to the | Trustees | Ms Kirsty McEwen |
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| Solicitors | Higgs LLP |
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| 3 Waterfront Business |
Park | ||||||||||
| Brierley Hill |
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| West Midlands | |||||||||||
| DY5 1LX | |||||||||||
| Investment | Managers | Barclays Wealth | |||||||||
| One Snowhill | |||||||||||
| Snow Hill Queensway |
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| Birmingham | |||||||||||
| 84 6GN | |||||||||||
| Evelyn Partners |
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| 103 Colmore Row |
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| Birmingham | |||||||||||
| 83 3AG | |||||||||||
| Bankers | Barclays Bank | ||||||||||
| 81 High Street | |||||||||||
| Stourbridge | |||||||||||
| DYB 1EB | |||||||||||
| CAF Bank Ltd | |||||||||||
| 25 Kings Hill Avenue |
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| Kings Hill |
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| West Mailing | |||||||||||
| ME19 4JQ | |||||||||||
| Independent | Examiners | RH Bird &Co | |||||||||
| Spencer House | |||||||||||
| 114High Street | |||||||||||
| Stourbridge | |||||||||||
| DY8 5QR |
| Notes | Unrestricted | Total Funds | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | ||||||
| 2023 | 2022 | |||||
| 6 | 6 | 6 | ||||
| Income resources: | ||||||
| Income resources from |
||||||
| generated funds |
71,901 | 71,901 | 64,602 | |||
| Prior year adjustment | 163 | 163 | ||||
| Total incoming resources | 72,064 | 72,064 | 64,602 | |||
| Resources expended: | ||||||
| Cost of generating funds |
21,794 | 21,794 | 22,705 | |||
| Charitable activities |
42 57~ | 42 570 | 31 596 | |||
| Cost of grant making |
64,364 | 64,364 | 54,301 | |||
| Governance costs |
21 805 | 21 805 | 14 144 | |||
| Total resources expended | 86,169 | 86,169 | 68,445 | |||
| Net (outgoing)/incoming | ||||||
| resources before other | ||||||
| recognised gains and losses |
(14,105) | (14,105) | (3,843) | |||
| Realised gains/(losses) | on | |||||
| investment assets |
64,913 | 64,913 | 11,449 | |||
| Unrealised gains/(losses) |
on | |||||
| investment assets |
(378,162) | (378,162) | 130,081 | |||
| Net movement in funds |
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| Reconciliation offunds |
||||||
| Total funds brought forward |
2 659 322 | 2 | 659 322 | 2 521 635 | ||
| Total funds carried forward | 2 331968 | 2 | 331968 | 2'59 322 |
| Notes | Unrestricted | Total | |||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | ||||||
| 2023 | 2022 | ||||||
| E | E | ||||||
| Fixed Assets | |||||||
| Investments | 2 235 455 | 2 235 456 | 2 561 863 | ||||
| Total Fixed Assets | 2,235,455 | 2,235,455 | 2,561,863 | ||||
| Current Assets | |||||||
| Cash with investment Cash with bank Dividends receivable |
managers | 7,952 89,111 950 |
7,952 89,111 950 |
98,959 | |||
| Debtors | |||||||
| Total current assets | 98013 | 98 013 | 98 959 | ||||
| Liabilities | |||||||
| Creditors falling due within |
one | ||||||
| year | 8 | 15D~ | 150D | 15DQ | |||
| Net current assets | 96513 | 96513 | 97459 | ||||
| Total assets less current | liabilities | 2,331,968 | 2,331,968 | 2,659,322 | |||
| Creditors falling due after |
more | ||||||
| than one year | |||||||
| Net assets | 2 331968 | 2331968 | 2 659 322 | ||||
| The funds ofthe Charity | |||||||
| Unrestricted income funds |
2 331968 | 2 331968 | 2 659 322 | ||||
| Total Charity funds | 2 331968 | 2 331968 | 2 659 322 | ||||
| The notes on pages 10 | to | 13form a | part ofthese accounts. | ||||
| Approved by the Trustees |
and signed | on their behalf by: | |||||
| David John Stanley | |||||||
| Chair ofTrustees |
| Investment management fees S.Analysis ofcharitable expenditure |
Investment management fees S.Analysis ofcharitable expenditure |
Investment management fees S.Analysis ofcharitable expenditure |
Investment management fees S.Analysis ofcharitable expenditure |
2023 f 21 794 21794 |
2023 f 21 794 21794 |
2023 f 21 794 21794 |
2022 f 22 705 22 705 |
|
|---|---|---|---|---|---|---|---|---|
| The charity undertakes its charitable activities number of organisations in furtherance of its |
through charitable |
grant making and awarded activities. |
grants to a | |||||
| 2023 f |
2022 f |
|||||||
| Grants to individuals | 42 570 | 31 596 | ||||||
| Total | 42 570 | 31 596 | ||||||
| 6. Governance costs | ||||||||
| 2023 f |
2022 f |
|||||||
| Accountancy fees and LEIfee |
396 | 396 | ||||||
| Bank charges Legal fees: Administration Accounts preparation Incorporation |
160 9,313 1,250 4,395 |
98 9,875 1,500 |
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| Appointing investment |
managers | 2,750 | ||||||
| VAT | 3 542 | 2 275 | ||||||
| 21 805 | 14 144 | |||||||
| 7. Fixed asset investments | ||||||||
| Movement in fixed assetinvestments |
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| Market value as at 31 March 2022 Additions to investments at cost Disposals at carrying value Movement in capital cash Net gain/(loss) on revaluation |
2,561,863 741,764 (835,630) 145,621 ~378 162 |
2,394,873 434,399 (397,490) 130081 |
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| Market value as at 31 March 2023 | 2 | 235456 | 2 561863 |
| Investments | Investments | at market value | at market value | comprised: | |||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| 6 | |||||||
| Quoted Investments Cash |
2,031,338 204 117 |
2,503,366 58 487 |
|||||
| Total | 2 235 455 | 2 561 863 | |||||
| 8. | Analysis | ofcurrent liabilitites | and long term creditors | ||||
| Creditors | under 1 year | ||||||
| Legal fees Independent |
examiner's | fee | 1,500.00 | 1,500.00 | |||
| 1 500.QQ | 1500.00 |