| Page | |
|---|---|
| Reference andAdministrativeDetails | I |
| ReportoftheTrustees | 2to4 |
| Report ofthe lndependentAuditors | 5to7 |
| Statementof FinancialActivities | 8 |
| Balance Sheet | I |
| Notesto the Financial Statements | 10to15 |
| JohnHenry King Fund Limited (company number | |
|---|---|
| CORPORATE TRUSTEE | 0094681 7) |
| DIRECTORS OF | CanonPJ Townsend |
| CORPORATE TRUSTEE | MonsignorTMcGrath |
| ReverendAD'Mello | |
| Reverend JALee | |
| PRINCIPAL ADDRESS | Catholic Presbytery |
| Middle Road | |
| Park Gate | |
| Southampton | |
| Hampshire | |
| SO317GH | |
| REGISTEREDCHARITY | 224437 |
| NUMBER | |
| INDEPENDENTAUDITORS | MCAuditLimited |
| StatutoryAuditors | |
| Station House | |
| North Street | |
| Havant | |
| Hampshire | |
| POg1QU | |
| BANKERS | CAF Bank Limited |
| 25KingsHillAvenue,KingsHill | |
| WestMalling | |
| Kent | |
| ME19 4JQ | |
| INVESTMENTMANAGERS | RathboneslnvestmentManagementLtd |
| Wykeham Court | |
| VictoriaRoad | |
| Winchester | |
| SO23 7RG |
2nd July 2025
| FOR THE | YEARENDED31 DECE | MBERaO24 | |
|---|---|---|---|
| 2024 | 2023 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | t | € | |
| INCOMEANDENDOWMENTS FROM | |||
| Donations and legacies | 3 | 28,930 | 70,592 |
| lnvestment income | 4 | 62,134 | 57,868 |
| Total | 91,064 | 128,460 | |
| EXPENDITUREON | |||
| Raisingfunds | 5 | 10,119 | 9,664 |
| Charitableactivities | b | ||
| General | 64,877 | 53,575 | |
| Total | 74,996 | 63,239 | |
| Net gainsoninvestments | 69,068 | 121,481 | |
| NET INCOME | 85,136 | 186,702 | |
| RECONCILIATIONOF FUNDS | |||
| Totalfundsbrought forward | 2,268,902 | 2,082,200 | |
| TOTALFUNDSCARRIEDFORWARD | 2,354,038 | 2,268,902 |
| BALANCESHEET 31DECEMBER2024 |
||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| Total | Total | |||
| funds | funds | |||
| Notes | € | e | ||
| FIXEDASSETS | ||||
| lnvestments | 8 | 2,247,267 | 2,217,415 | |
| CURRENTASSETS | ||||
| Debtors | 9 | 205 | 1,545 | |
| Cashatbank | 116,147 | 57,287 | ||
| 116,352 | 58,832 | |||
| CREDITORS Amountsfallingduewithinone year |
10 | (9,581) | (7,345) | |
| NET CURRENTASSETS | 106,771 | 51,487 | ||
| TOTAL ASSETS LESSCURRENT | ||||
| LIABILITIES | 2,354,038 | 2,268,902 | ||
| NETASSETS | 2,354,038 | 2.268,902 | ||
| FUNDS | 11 | |||
| Unrestrictedfunds | 2,354,038 | 2,268,902 | ||
| TOTALFUNDS | 2,354,038 | 2,268,902 |
| 3. | DONATIONSAND LEGACIES | ||
|---|---|---|---|
| 2024 | 2023 | ||
| t | t | ||
| Donations | 2,209 | 6,210 | |
| Giftaid | 176 | 1,545 | |
| Legacies | 26,545 | 62,837 | |
| 28,930 | 70,592 | ||
| 4. | INVESTMENT INCOME | ||
| 2024 t |
2023 t |
||
| Dividends received | 39,108 | 39,127 | |
| lnterest receivable-Non-trading investment interest | 23,026 | 18,741 | |
| 62,1U. | 12,868 |
| lnvestmentmanagementcosts | ||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| € | e | |||
| Supportcosts | 10,119 | _9,664 | ||
| CHARITABLE ACTIVITIESCOSTS | ||||
| Grant | ||||
| Direct | fundingof | Support | ||
| Costs t |
activities t |
costs t |
Totals € |
|
| General | _1,3sq | 45,975 | 17,552 | 64,877 |
| 8. | FIXEDASSETINVESTMENTS | ||
|---|---|---|---|
| Listed | |||
| investments | |||
| t | |||
| MARKET VALUE | |||
| Al'lJanuary2024 | 2,217,415 | ||
| Additions | 643,695 | ||
| Disposals | (682,e10) | ||
| Realised gain | '15,294 | ||
| At31December2024 | 2,193,494 | ||
| PROVISIONS | |||
| Unrealised gain | (53,773) | ||
| NETBOOK VALUE | |||
| At3'lDecember 2024 | 2,247,267 | ||
| At31December2023 | 2,217,415 | ||
| Analysis ofinvestments by type: | |||
| 2024 | 2023 | ||
| € | I | ||
| Equities | 1,528,535 | 1,491,835 | |
| Fixed interest securities | 718,732 | 725,590 | |
| 2,247,267 | 2,21W. | ||
| Geographical analysis of investments: | |||
| 2024 | 2023 | ||
| € | t | ||
| Held insidetheUnited Kingdom | 1,610,315 | 1,607,253 | |
| Held outsidetheUnited Kingdom | 636,952 | 610,162 | |
| 2,247,267 | 2,217,415 | ||
| 9. | DEBTORS: AMOUNTS FALLINGDUEWITHINONEYEAR | ||
| 2024 E |
2023 f |
||
| Otherdebtors | _205 | 1,545 |
| 2024 f |
2023 I |
|---|---|
| 9,581 | 7,345 |
| MOVEMENT IN FUNDS | ||
|---|---|---|
| Net | ||
| movement | At | |
| At1.1.24 t infunds f |
31.12.24 € |
|
| Unrestricted funds Generalfund |
2,268,90285,136 | 2,354,038 |
| TOTALFUNDS | 2,268,90285,136 | 2,354,038 |
| Net movementinfunds,included | in the above are as follows | |||
|---|---|---|---|---|
| lncoming | Resources | Gainsand | Movement | |
| resources € |
expended t |
losses € |
infunds f |
|
| Unrestrictedfunds Generalfund |
91,064 | (74,996) | 69,068 | 85,136 |
| TOTALFUNDS | _e1,064 | (74,eeq) | _6e,0q9_85,8q |
| Comparativesformovementinfunds | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At1.1.23 f |
infunds c |
31.12.23 t |
|
| Unrestricted funds Generalfund |
2,082,200 | 186,702 | 2,268,902 |
| TOTALFUNDS | 2,082,200 | 186,702 | _2,268,902 |
| Comparative net movementinfu | nds,includedinthe above are asfollows | ||
|---|---|---|---|
| lncomingResources | Gains and | Movement | |
| resourcesexpended ft |
losses € |
infunds f |
|
| Unrestricted funds Generalfund |
128,460(63,239) | 121,481 | 186,702 |
| TOTALFUNDS | jn,460._(63299) | _1AAU- | -186,702 |
| Acurrent year12months and prior yea | r12months combined positionisa | s follows: | |
|---|---|---|---|
| Net | |||
| movement | At | ||
| At1.1.23 | infunds | 31.12.24 | |
| € | € | e | |
| Unrestrictedfunds | |||
| Generalfund | 2,082,200271,838 | 2,354,039 | |
| TOTALFUNDS | _2,082,n0._m,$8 | 2,354999 |
| lncoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources e |
expended f |
losses e |
infunds € |
|
| Unrestrictedfunds Generalfund |
219,524 | (138,235) | 190,549 | 271,838 |
| TOTALFUNDS | 2W | (894g) | ry | 2re |