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|Page|Contents|||
|---|---|---|---|
||Reference and Administrative||Information|
|2-7|Trustees'<br>Annual<br>Report|||
||Statement<br>of Financial|Activities||
||Balance Sheet|||
|10-12|Notes to the Accounts|||
||Independent<br>Examiner's|Report||





|Governing|Documents|The Charity<br>is governed<br>by a Scheme ofthe Charity<br>Commission<br>dated 25 August 1983as amended<br>by a<br>Trustees'<br>Resolution<br>dated 5 November 2019.|The Charity<br>is governed<br>by a Scheme ofthe Charity<br>Commission<br>dated 25 August 1983as amended<br>by a<br>Trustees'<br>Resolution<br>dated 5 November 2019.|The Charity<br>is governed<br>by a Scheme ofthe Charity<br>Commission<br>dated 25 August 1983as amended<br>by a<br>Trustees'<br>Resolution<br>dated 5 November 2019.|The Charity<br>is governed<br>by a Scheme ofthe Charity<br>Commission<br>dated 25 August 1983as amended<br>by a<br>Trustees'<br>Resolution<br>dated 5 November 2019.|The Charity<br>is governed<br>by a Scheme ofthe Charity<br>Commission<br>dated 25 August 1983as amended<br>by a<br>Trustees'<br>Resolution<br>dated 5 November 2019.|The Charity<br>is governed<br>by a Scheme ofthe Charity<br>Commission<br>dated 25 August 1983as amended<br>by a<br>Trustees'<br>Resolution<br>dated 5 November 2019.|The Charity<br>is governed<br>by a Scheme ofthe Charity<br>Commission<br>dated 25 August 1983as amended<br>by a<br>Trustees'<br>Resolution<br>dated 5 November 2019.|The Charity<br>is governed<br>by a Scheme ofthe Charity<br>Commission<br>dated 25 August 1983as amended<br>by a<br>Trustees'<br>Resolution<br>dated 5 November 2019.|The Charity<br>is governed<br>by a Scheme ofthe Charity<br>Commission<br>dated 25 August 1983as amended<br>by a<br>Trustees'<br>Resolution<br>dated 5 November 2019.|The Charity<br>is governed<br>by a Scheme ofthe Charity<br>Commission<br>dated 25 August 1983as amended<br>by a<br>Trustees'<br>Resolution<br>dated 5 November 2019.|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||The Charity<br>is registered<br>under registered<br>charity|||||with the <br>number||Charity<br>Commission<br>is 222999.|||
|Trustees||||||||||||
|||David John Stanley (Chairman)||||||||||
|||Nicolas Anthony||Barlow||||||||
|||Julie Dawn<br>Bull||||||||||
|||Alan Johnson||||||||||
|||Anne Elizabeth|Millward|||||||||
|||Michael John Shaw||||||||||
|||Elaine Ann Taylor (appointed<br>02.08.2022)<br>Stephen James Waitho<br>MBE||||||||||
|||Michael Stuart Williams||||||||||
|Clerk to the|Trustees|Ms Kirsty<br>McEwen||||||||||
|Solicitors||Higgs<br>LLP||||||||||
|||3 Waterfront<br>Business|||Park|||||||
|||Brierley<br>Hill||||||||||
|||West Midlands||||||||||
|||DY5 1LX||||||||||
|Investment|Managers|Barclays Wealth||||||||||
|||One Snowhill||||||||||
|||Snow<br>Hill Queensway||||||||||
|||Birmingham||||||||||
|||84 6GN||||||||||
|||Evelyn<br>Partners||||||||||
|||103 Colmore<br>Row||||||||||
|||Birmingham||||||||||
|||83 3AG||||||||||
|Bankers||Barclays Bank||||||||||
|||81 High Street||||||||||
|||Stourbridge||||||||||
|||DYB 1EB||||||||||
|||CAF Bank Ltd||||||||||
|||25 Kings<br>Hill Avenue||||||||||
|||Kings<br>Hill||||||||||
|||West Mailing||||||||||
|||ME19 4JQ||||||||||
|Independent|Examiners|RH Bird &Co||||||||||
|||Spencer House||||||||||
|||114High Street||||||||||
|||Stourbridge||||||||||
|||DY8 5QR||||||||||





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|||Notes|Unrestricted|Total Funds|Total Funds||
|---|---|---|---|---|---|---|
||||Funds||||
|||||2023||2022|
||||6||6|6|
|Income resources:|||||||
|Income resources<br>from|||||||
|generated<br>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<br>funds|||21,794||21,794|22,705|
|Charitable<br>activities|||42 57~||42 570|31 596|
|Cost of grant<br>making|||64,364||64,364|54,301|
|Governance<br>costs|||21 805||21 805|14 144|
|Total resources expended|||86,169||86,169|68,445|
|Net (outgoing)/incoming|||||||
|resources before other|||||||
|recognised<br>gains and losses|||(14,105)||(14,105)|(3,843)|
|Realised gains/(losses)|on||||||
|investment<br>assets|||64,913||64,913|11,449|
|Unrealised<br>gains/(losses)|on||||||
|investment<br>assets|||(378,162)||(378,162)|130,081|
|Net movement<br>in funds|||||||
|Reconciliation<br>offunds|||||||
|Total funds brought<br>forward|||2 659 322|2|659 322|2 521 635|
|Total funds carried forward|||2 331968|2|331968|2'59 322|





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|||||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<br>Cash with bank<br>Dividends<br>receivable|managers||||7,952<br>89,111<br>950|7,952<br>89,111<br>950|98,959|
|Debtors||||||||
|Total current assets|||||98013|98 013|98 959|
|Liabilities||||||||
|Creditors<br>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<br>falling due after||more||||||
|than one year||||||||
|Net assets|||||2 331968|2331968|2 659 322|
|The funds ofthe Charity||||||||
|Unrestricted<br>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<br>by the Trustees||and signed||on their behalf by:||||
|David John Stanley||||||||
|Chair ofTrustees||||||||





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|Investment<br>management<br>fees<br>S.Analysis<br>ofcharitable<br>expenditure|Investment<br>management<br>fees<br>S.Analysis<br>ofcharitable<br>expenditure|Investment<br>management<br>fees<br>S.Analysis<br>ofcharitable<br>expenditure|Investment<br>management<br>fees<br>S.Analysis<br>ofcharitable<br>expenditure||2023<br>f<br>21 794<br>21794|2023<br>f<br>21 794<br>21794|2023<br>f<br>21 794<br>21794|2022<br>f<br>22 705<br>22 705|
|---|---|---|---|---|---|---|---|---|
|The charity<br>undertakes<br>its charitable<br>activities<br>number<br>of organisations<br>in furtherance<br>of its||||through<br> charitable|grant<br>making<br>and awarded<br>activities.|||grants to a|
||||||||2023<br>f|2022<br>f|
|Grants to individuals|||||||42 570|31 596|
|Total|||||||42 570|31 596|
|6. Governance costs|||||||||
||||||||2023<br>f|2022<br>f|
|Accountancy<br>fees and LEIfee|||||||396|396|
|Bank charges<br>Legal fees: Administration<br>Accounts<br>preparation<br>Incorporation|||||||160<br>9,313<br>1,250<br>4,395|98<br>9,875<br>1,500|
|Appointing<br>investment|managers||||||2,750||
|VAT|||||||3 542|2 275|
||||||||21 805|14 144|
|7. Fixed asset investments|||||||||
|Movement<br>in fixed assetinvestments|||||||||
|Market value as at 31 March 2022<br>Additions<br>to investments<br>at cost<br>Disposals at carrying<br>value<br>Movement<br>in capital cash<br>Net gain/(loss)<br>on revaluation||||||2,561,863<br>741,764<br>(835,630)<br>145,621<br>~378 162||2,394,873<br>434,399<br>(397,490)<br>130081|
|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<br>Cash|||||2,031,338<br>204 117|2,503,366<br>58 487|
||Total|||||2 235 455|2 561 863|
|8.|Analysis|ofcurrent liabilitites|||and long term creditors|||
||Creditors|under 1 year||||||
||Legal fees<br>Independent||examiner's|fee||1,500.00|1,500.00|
|||||||1 500.QQ|1500.00|





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