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2022-03-31-accounts

LegalandAdministrativeInformation
Trustees'Report 2-3
StatementofTrustees'Responsibilities 4
IndependentAuditor'sReporttotheTrusteesofEdinburghTrustNo2Account 5-8
StatementofFinancialActivities
BalanceSheet 10
Notes 11-17

18 November

24 November 2022

Note General Designated Total General Designated Total
Fund Fund
2022
Fund Fund 2021
£ £ £ £ £ £
Incomefrom:
Donations 2 113,511 - 113,511 11,926 - 11,926
InveshnentIncome 3 67,827 - 67,827 72,636 - 72,636
TotalIncome 181,338 - 181,338 84,562 - 84,562
Expenditureon:
RaisingFunds 5 25,381 - 25,381 - 22,340 22,340
CharitableActivities: 4
General 45,432 - 45,432 57,053 - 57,053
ArmedServices 22,716 - 22,716 35,930 - 35,930
Education 2,391 - 2,391 2,194 - 2,194
TotalExpenditure 95,920 - 95,920 95,177 22,340 117,517
Netgainon 7 122,923 - 122,923 - 939,658 939,658
investments
ReconciliationofFunds:
NetMovementinFunds 208,341 - 208,341 (10,615) 917,318 906,703
Fundbalancesbrought 257,318 3,753,275 4,010,593 267,933 2,835,957 3,103,890
forward
Transferfrom 3,753,275 (3,753,275) - - - -
designatedtogeneral
funds
Fundbalances 8 4,218,934 - 4,218,934 257,318 3,753,275.. 4,010,593
carriedforward

18 November

CharitableDonations(continued)
HonourableCompanyofAirPilots 1,000
IntelligenceCorpsAssociation 1,000
KingEdwardVIIHospitalforOfficers 2,000
LEPRA 1,000
Lord'sTaverners 1,000
MuscularDystrophyGroupofGreatBritainandNI 1,000
NationalMaritimeMuseum 1,000
NavalChildren'sCharity 1,000
PlanInternationalUK 1,000
REMEAssociationNotAccount 1,000
RGBWRegimentalCharitiesFund 1,000
RomseyAbbeyAppealFund 1,000
RoyalAirForceBenevolentFund 1,000
RoyalCommonwealthEx-ServiceLeague 1,000
RoyalGeographicalSociety 1,000
RoyalMerchantNavyEducationFoundation 1,000
RoyalNationalLifeboatInstitution 1,000
RoyalNavalAssociation 1,000
RoyalNavalBenevolentTrust 1,000
ShaftesburyYoungPeople,SYPTrust 1,000
SSAFANo1Account 1,000
St.George'sHouse,Windsor 1,000
TallShipsYouthTrust 1,000
TheAirCadetLeagueofCanada 1,000
TheBowlesRocksTrust 1,000
TheBritishRedCrossSociety 1,000
TheDukeofEdinburghAward 1,000
TheFriendsofSt.Paul'sPro-AnglicanCathedral,Valletta 1,000
TheFriendsofSunnyBankAnglo-AmericanHospital,Cannes 1,000
TheHorseRangersAssociation(HamptonCourt)Limited 1,000
TheOfficersAssociation 1,000
TheOutwardBoundTrust 1,000
ThePrincePhilipTrustforWindsor&Maidenhead 1,000
TheQueen'sRoyalHussarsAssociation 1,000
TheRMCharity 1,000
TheRoyalCanadianRegimentFund 1,000
TheRoyalLifeSavingSociety 1,000
TheWildfowl&WetlandsTrust 1,000
TheZoologicalSocietyofLondon 1,000
WWFUKIncomeAccount 1,000

5 CostsofGeneratingFunds
2022 2021
£ £
DesignatedFund
InveshnentManagementFees 25,381 22,340

2022 2021
£ £
GeneralFund
AuditFee 6,600 6,720
LegalFees 3,939 -
AccountancyFees 1,000 -
TaxRebate - 1,680
11,539 8,400

Cost MarketValue Cost MarketValue
asat31March asat31March asat5April asat5April
2022 2022 2021 2021
£ £ £ £
ListedInvestments
FixedInterest 388,385 377,792 390,950 391,222
Equities 2,476,496 3,295,371 2,302,229 3,194,512
PropertyUnits 339,012 414,368 301,031 333,630
3,203,893 4,087,531 2,994,210 3,919,364
Cashheldbyinvestmentmanager
95,139
95,139 97,760 97,760
3,299,032 4,182,670 3,091,970 4,017,124

Marketvalueasat6`"April2021 3,919,364
Disposals (847,126)
Profitondisposal (24,393)
Unrealisedgainoninvestments 122,923
Acquisitionsatcost 916,763
Marketvalueasat31St March2022 4,087,531
FindlayParkAmericanFund 269,880
JPMorganAmericaEquityFund 215,411
VanguardS&P500UCITSETF 331,063
816,354

eriodended315 Ma rch2022
Opening
Balance
Income Expenditure Gains/
(losses)
Funds
Transfer
Closing
Balance
UnrestrictedFunds 257,318 181,338 (95,920) 122,923 3,753,275 4,218,934
DesignatedFunds 3,753,275 - - - (3,753,275) _
4,010,593 181,338 (95,920) 122,923 - 4,218,934
Yearended5~''Apri12021
Opening
Balance
Income Expenditure Gains/
(losses)
FundsTransfer Closing
Balance
UnrestrictedFunds 267,933 84,562 (95,177) - - 257,318
DesignatedFunds 2,835,957 - (22,340) 939,658 - 3,753,275
3,103,890 84,562 (117,517) 939,658 - 4,010,593

Balanceatperiodend Balanceatperiodend Transactionsin Transactionsin Detailsoftransaction
the period
,E 2022 2021 2022 2021
Farrer&Co. 1,869 - 3,939 - Legalservice
PrivyPurse 1,000 - 1,000 - AccountancyFee
TheEarland - - 110,031
-
Donation
CountessofWessex
CharitableTrust