2023-12-31-accounts - The John Henry King Fund

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	Page
ReferenceandAdministrativeDetails	I
ReportoftheTrustee	2to3
Reportof the IndependentAuditors	4to5
Statement of FinancialActivities	6
BalanceSheet	7
Notesto theFinancialStatements	8 to ll
Detailed Statement ofFinancial Activities	t2

BANKERS	CAFBankLimited
	25KingsHillAvenue,KingsHill
	WestMalling
	Kent
	MEr94JQ
INVESTMENTMANAGERS	RathbonesInvestment ManagementLtd
	WykehamCourt
	VictoriaRoad
	Winchester
	SO23 7RG

31 October 2024

				YearEnded	YearEnded
				3t.t2.23	31.12.22
		Unrestricted	Restricted	Total	Total
	Notes	fund f.	fund f.	funds f.	fundst
INCOME AND ENDOWMENTS FROM
Donations andlegacies		70,592		70,592	9,148
Investment income	')	57,868		57,868	s8,621
		128,460		t28,460	67,769
EXPENDITUREON
Charitableactivities
Grants		47,530		47,530	47,000
Administrationexpenses		15,709		15,709	14,661
		63,239		63,239	61,661
NETINCOMEBEFORE GAINS(LOSSES)
ON INVESTMENTS		65,221		65,221	6,108
Netgains/(losses) oninvestments		l2l,48l		Izt,48t	(332,970)
NETINCOME(EXPENDITURE)		186,702		t86,702	(326,862)
RECONCILIATIONOF FUNDS
Totalfunds broughtforward		2,og2,2oo		2,082,200	2,409,062
TOTALFI.JNDSCARRIEDFORWARI)		2W		2W	2W

				31.12.23	31.t2.22
		Unrestricted	Restricted	Total	Total
	Notes	tund t	tund f.	funds f	funds L
FIXEDASSETS Investments	4	2,217,415		2,2t7,4t5	1,996,531
CURR.ENT ASSETS
Debtors	5	1,545		1,545	876
Cash atbank		57,287		57,287	92,124
		58,832		58,832	93,000
CREDITORS
Amounts fallingduewithinoneyear	6	(7,345)		(7,345)	(7,33l)
NET CURRENTASSETS		5r,487		51,497	85,669
TOTALASSETS LESS CURR"ENT
LIABILITIES		2,268,902		2,268,902	2,082,200
IVETASSETS		2W,		2W	2W
Ftit{Ds Unrestricted funds	7			2268902.	2W2W.
TOTALFTJNDS				2W	2W

5.	DEBTORS: AMOUNTSFALLING	DUEWITIIINONE YEA	R
				3t.t2.23	3t.t2.22
				t	T
	Tax repayable			r54s_	876
6.	CREDITORS: AMOUNTSFALLINGDUEWITHINONE YEAR
				31.t2.23	3t.t2.22
				€	f.
	Accruedexpenses			l-rc	J-331
7.	MOVEMENT INFUNDS
				Net
				movement	At
			At1.1.23	infunds	3t.12.23
			t	f	f
	Unrestrictedfunds
	Generalfund		2,082,200	186,702	2,268,902
	TOTALFUNDS		2W	_r86Ju	2W,
	Net movementinfunds, included inthe	above areasfollows:
		Incoming	Resources	Gainsand	Movement
		resources t	expended f.	losses f	infunds t
	Unrestrictedfunds Generalfund	128,460 (63,239)		t2t,48t	t86,702
	TOTALFUNDS	_128,460__(63239)		_t21,481	t86,702

			Net
			movement	At
		At1.1.22	infunds	3t.t2.22
		f	f	t
Unrestrictedfunds
General fund		2,409,062	(326,862)	2,082,200
TOTALFUNDS		2W	w)	2w
Comparativenetmovement in funds, included inthe above areasfollows:
	Incoming	Resources	Gainsand	Movement
	resources f.	expended f.	losses t	infunds t
Unrestrictedfunds
Generalfund	67,769	(61,661)	(332,9"t0)	(326,862)
TOTALFUNDS	67J69	_(61,66_D	Qn,nq	_A%,8O)

	Year Ended	YearEnded
	3t.12.23 €	31.12.22f
INCOMEAND ENDOWMENTS
Donations andlegacies
Donations	6,210	','r11
Tax reclaimed	I,545	876
Legacies	62,837	6,000
	70,592	9,148
Investment income
Dividends receivable	39,127	49,283
Interest receivable	18,741	9,338
	57,868	58,621
Total incomingresources	128,460	67,769
EXPENDITURE
Charitableactivities
Grantsmade	47,530	47,000
	47,530	47,000
Administrationexpenses
Auditors'remuneration	4,800	3,600
Accountancyandlegalfees		600
TreasurersHonorarium	800	800
Fund managementfee	9,664	9,462
Bankcharges	82	1ll
Generalexpenses	363	88
	15,709	14,661
Totalresources expended	63,239	6t,661
Netincome(expenditure)beforegainsandlosses	65,221	6,108
Realised recognised gainsandlosses
Realised gains(losses) onfixedassetinvestments	(34,7t3)	(100,359)
Unrealisedgains/(losses)	t56,t94	(232,611)
Net(expenditure)/income	t86Jo2.(3W,)