2023-04-05-accounts

CHARITY NUMBER: 232791

1

CHAPMAN CHARITABLE TRUST

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5TH APRIL 2023

RPG CROUCH CHAPMAN LLP Chartered Accountants 5[th] Floor 14-16 Dowgate Hill London EC4R 2SU

CHAPMAN CHARITABLE TRUST

TRUSTEES’ REPORT REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 5TH APRIL 2023

TRUSTEES:	Bryony Chapman
	Guy Chapman
	Richard Chapman
	Thomas Williams
	Gregory Chapman
BANKERS:	HSBC Bank Plc
	6th Floor
	165 Fleet Street
	London
	EC4A 2DY
INVESTMENT MANAGERS:	RBC Brewin Dolphin
	12 Smithfield Street
	London
	EC1A 9BD
ACCOUNTANTS:	RPG Crouch Chapman LLP
	5thFloor
	14-16 Dowgate Hill
	London
	EC4R 2SU
AUDITORS:	Denmark Forrester Limited
	Chartered Accountants
	Office 12
	Bentalls Centre
	Colchester Road
	Heybridge
	Essex
	CM9 4GD

• 1 -

CHAPMAN CHARITABLE TRUST

REPORT OF THE TRUSTEES

The trustees present their report and the audited financial statements for the year ended 5[th] April 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deeds, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014.

The Trustees confirm that the Charity Commission’s general guidance on public benefit has been considered in relation to the objectives of the Charity. The report below sets out those objectives and describes how they have been met in the current year.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Chapman Charitable Trust was established for general charitable purposes on 30th October 1963 by the late Mrs. Marjorie Chapman, one of her grandsons, a granddaughter and three great grandsons, served as trustees throughout the year.

The trustees met twice formally during the year on 30[th] September 2022 and 16[th] March 2023 and communicated regularly between meetings.

Statement Of Trustees’ Responsibilities

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:

• select suitable accounting policies and then apply them consistently;

• make judgments and estimates that are reasonable and prudent;

• state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and enable them to ensure that the financial statements comply with applicable law and the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of Information to Auditors

Each of the persons who are Trustees at the time when this Trustees' report is approved has confirmed that:

• so far as that Trustee is aware, there is no relevant audit information of which the charity's auditors are unaware, and

• that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charity's auditors are aware of that information.

• 2 -

CHAPMAN CHARITABLE TRUST

REPORT OF THE TRUSTEES - continued

Risk Assessment

The trustees have considered the risks to which the Chapman Charitable Trust is exposed and believe that these will be mitigated by:

• A body of trustees with the necessary experience and competence to supervise all the aspects of the Trust’s work;

• Regular trustees’ meetings with effective reporting to ensure proper review of grant making coupled with the consideration and approval by trustees of all grants made;

• Retention of competent investment managers who have been delegated dealing discretion but regularly attend trustees’ meetings; and

• An effective system of internal control of online and cheque payments to ensure the correct operation of the Guidelines for Grant Making.

OBJECTIVES AND ACTIVITIES

The trustees have powers to apply the income and capital of the Trust Fund in or towards the furtherance of such charitable purposes and objects as they from time to time think fit. The trustees have established guidelines for the use of funds available and details of grants made to areas identified are given in the Financial Review. The charities receiving grants in the year are listed in Note 8.

The online application system has proved very successful with well prepared applications being received for analysis and review by the trustees. This has enabled the trustees to develop real time monitoring of grant approvals in order to ensure support is targeted to agreed categories. The trustees monitor outcomes of larger grants when considering their long term programmes of support in areas of particular interest.

FINANCIAL REVIEW

Income and Expenditure

Dividend income increased from the previous year to £377,389 (2022: £299,648) resulting in most part from income generated following the receipt of £1.881m from the estate of Mrs Joyce Chapman. The trustees have been notified of a further legacy due from the estate of Roger Chapman, husband of Joyce Chapman and an original trustee, amounting to £1,964,800. This is recognised in full in the accounts in accordance with the Charities Statement of Recommended Practice.

When the trust started the focus for grant-making was to support a few organisations suggested by the settlor and the trustees still make grants to these initial charities. As the capital of the trust has grown and the income available for grant-making has increased the focus for new grants has moved towards sectors aligned with the interests and personal family experiences of the current trustees.

The trustees are pleased to report that, in line with the grant making policy, they were able to increase the total to £366,000 (2022: £300,000). New grants are categorised under three main headings:

• the promotion of physical and mental wellbeing

• the conservation of our natural environment and the promotion of the sustainable use of resources

• increasing the accessibility of the arts, especially for young people

• 3 -

CHAPMAN CHARITABLE TRUST

• continued

REPORT OF THE TRUSTEES

The grants in the year under these headings may be analysed thus:

	2023	2022
	£	£
Wellbeing	207,000	162,500
Nature Conservation	89,000	72,000
Arts	70,000	65,500
	─────	─────
	366,000	300,000
	═════	═════

Grants are not made to individuals nor to overseas charities.

Investment Policy

Trustees kept the investment assets under regular review and monitored the portfolio of index-linked stocks, company shares and collective funds under an investment management agreement with Brewin Dolphin. The long term policy of the trustees is to maintain the value of the assets at least in line with inflation whilst in the short term applying all the income, after expenses, to make grants to charities in accordance with a published grant-making policy.

Reserves

The trustees continued with the long-established policy of distributing income as it arises since the administration and operating expenses are low and do not require a reserve to be maintained. The level of income achieved in 2023 was satisfactory and it is anticipated that the income and grant making in 2023/24 will continue to increase as a result of the investment of the legacies received and receivable in the year.

FUND RAISING STATEMENT

The Chapman Charitable Trust does not engage in fundraising and therefore there are no matters to report.

AUDITORS

The auditors, Denmark Forrester Limited, have indicated their willingness to continue in office. The Trustees will propose a motion reappointing the auditors at a meeting of the Trustees.

Principal address:

5[th] Floor 14-16 Dowgate Hill London EC4R 2SU

26[th] September 2023

R.J. CHAPMAN On Behalf of the Trustees

• 4 -

CHAPMAN CHARITABLE TRUST

INDEPENDENT AUDITORS’ REPORT

TO THE TRUSTEES OF THE CHAPMAN CHARITABLE TRUST

Opinion

We have audited the financial statements of The Chapman Charitable Trust (the ‘charity’) for the year ended 5 April 2023 which comprise the Statement of Financial Activities, Balance Sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

This has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

This report is made solely to the Charity’s Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the Charity’s Trustees those matters we are required to state to them in an Auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body, for our audit work, for this report or for the opinions we have formed.

• In our opinion the financial statements:

• give a true and fair view of the state of the charity’s affairs as at 5 April 2023, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

In our evaluation of the Trustees’ conclusions, we considered the risks associated with the charity’s business model, including the effects arising from macro-economic uncertainties such as COVID-19 and analysed how those risks might affect the charity's financial resources or ability to continue operations over the period of twelve months from the date when the financial statements are authorised for issue. In accordance with the above, we have nothing to report in these respects.

• 5 -

CHAPMAN CHARITABLE TRUST

INDEPENDENT AUDITORS’ REPORT

TO THE TRUSTEES OF THE CHAPMAN CHARITABLE TRUST – continued

However, as we cannot predict all future events or conditions and as subsequent events may result in outcomes that are inconsistent with judgements that were reasonable at the time they were made, the absence of reference to a material uncertainty in this auditor's report is not a guarantee that the charity will continue in operation.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the trustees annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Capability of the audit to detect irregularities including fraud.

We gained an understanding of the legal and regulatory framework applicable to the charity and the industry in which it operates, and considered the risk of acts by the charity which were contrary to applicable laws and regulations, including fraud. These included, but were not limited to, compliance with the Charities Act 2011 and FRS102.

We designed audit procedures to respond to the risk, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment.

We focused on laws and regulations that could give rise to a material misstatement in the financial statements. Our tests included, but were not limited to:

• agreement of the financial statement disclosures to underlying supporting documentation;

• enquiries of management;

• review of minutes of board meetings throughout the period; and

• obtaining an understanding of the control environment in monitoring compliance with laws and regulations.

There are inherent limitations in the audit procedures described above and the further removed noncompliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. We also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the Trustees that represented a risk of material misstatement due to fraud.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

• the information given in the financial statements is inconsistent in any material respect with the trustees’ report; or

• the charity has not kept adequate accounting records; or

• the financial statements are not in agreement with the accounting records and returns; or

• we have not received all the information and explanations we require for our audit.

• 6 -

CHAPMAN CHARITABLE TRUST

INDEPENDENT AUDITORS’ REPORT

TO THE TRUSTEES OF THE CHAPMAN CHARITABLE TRUST – continued

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, set out on page 2, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at:

https://www.frc.org.uk/Our-Work/Audit/Audit-and-assurance/Standards-and-guidance/Standards-andguidance-for-auditors/Auditors-responsibilities-for-audit/Description-of-auditors-responsibilities-foraudit.aspx. This description forms part of our auditor’s report.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Office 12, The Bentalls Centre Denmark Forrester Limited Colchester Road Chartered Accountants Heybridge Statutory Auditor Essex CM9 4GD 28[th] September 2023

Denmark Forrester Limited is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

• 7 -

CHAPMAN CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 5TH APRIL 2023

	Unrestricted	Unrestricted	Unrestricted			Unrestricted	Unrestricted	Unrestricted
	Income		Capital		2023	Income	Capital			2022
	Fund		Fund		Total	Fund		Fund		Total
	£		£		£	£		£		£
Income:
Investment income	377,389		-		377,389 299,648			-		299,648
Interest on bank account	426		-		426	11		-		11
Legacy	-		1,964,800 1,964,800 -					1,881,000
1,881,000
Other income received	360		-		360	100		-		100
	─────	─────		─────		─────	─────		─────
Total Income	378,175		1,964,800 2,342,975299,759					1,881,000
2,180,759		─────		─────		─────	─────		─────
	─────
Expenditure:
Charitable Activities:
Grants (note 10)	366,000		-		366,000 300,000			-		300,000
Support costs (note 2)	3,534		33,781		37,315 3,285			27,164		30,449
	─────	─────		─────		─────	─────		─────
Total Expenditure	369,534		33,781		403,315 303,285			27,164
330,449		─────		─────		─────	─────		─────
	─────
Net Income/(Expenditure)	8,641		1,931,019 1,939,660 (3,526)					1,853,836
1,850,310
Other Recognised Gains/(Losses)
Gain/(Loss) on investment assets	-		(476,542)		(476,542) -			411,147
411,147		─────		──────		──────	──────		──────
──────
Net Movement in Funds	8,641		1,454,477 1,463,118 (3,526)					2,264,983
2,261,457
Reconciliation of Funds
Total funds brought forward	11,705		10,440,800 10,452,505 15,231					8,175,817
8,191,048		─────		──────		──────	──────		──────
──────
Total funds carried forward	20,346		11,895,277 11,915,623 11,705					10,440,800
	10,452,505═══════════					══════	══════		══════
══════

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 10 to 17 form part of these financial statements.

• 8 -

CHAPMAN CHARITABLE TRUST

BALANCE SHEET 5TH APRIL 2023

			2023		2022
	Note	£	£	£	£
FIXED ASSETS
Investments	4		9,939,590		8,567,668
CURRENT ASSETS
Legacy receivable		1,964,800		1,881,000
Other debtors		3,001		-
Cash and cash equivalents	5	18,682		20,943
		───────		───────
		1,986,483		1,901,943
LIABILITIES
Creditors: Amounts falling due
within one year	6	(10,450)		(17,106)
		───────		───────
NET CURRENT ASSETS			1,976,033		1,884,837
			───────		───────
NET ASSETS	3		11,915,623		10,452,505
			═══════		═══════
FUNDS OF THE CHARITY
Unrestricted funds			11,915,623		10,452,505
			═══════		═══════

R.J. CHAPMAN

-----------------------------------------------------) ) ) TRUSTEES T. WILLIAMS ) ----------------------------------------------------)

Date: 26[th] September 2023

The notes on pages 10 to 17 form part of these financial statements.

• 9 -

CHAPMAN CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5TH APRIL 2023

The Chapman Charitable Trust is a charitable trust established for general charitable purposes and is registered in England and Wales. Its principal place of business is 5[th] Floor, 14-16 Dowgate Hill, London EC4R 2SU.

1. ACCOUNTING POLICIES

Basis of Accounting

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

The trust constitutes a public benefit entity as defined by FRS 102 and the reporting currency is GBP.

Going Concern

The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern. The Trust does not have grant making commitments and has free reserves equal to the total assets on the Balance Sheet. There are no significant areas of adjustment and key assumptions that affect items in the accounts.

Valuation of Investments

In accordance with the Charities SORP, the investments of the Charity have been revalued at market value at the balance sheet date.

Income Recognition

Investment income is included in the accounts when received.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known and receipt expected.

Expenditure Recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.

Restricted Funds

None of the funds held by the Charity is restricted.

Cash Flow

The financial statements do not include a cash flow statement because the charity, as a small reporting entity, is exempt from the requirements to prepare such a statement.

• 10 -

CHAPMAN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS - continued

1. ACCOUNTING POLICIES – continued

Financial instruments

The Charity only enters into basic financial instruments transactions that are initially recognized at transaction value and subsequently measured at their settlement value.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Critical accounting estimates and areas of judgment

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The trustees are of the opinion that none of the estimates made result in a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

2.	SUPPORT COSTS	2023	2022
		£	£
	Governance costs were as follows:
	Audit fees	2,150	2,080
	Investment management fees	33,781	27,164
	Bank charges	90	5
	Accountancy	1,200	1,200
	Travel expenses	94	-
		────	────
		37,315	30,449
		════	════

remuneration and there were no related party transactions.

3. ANALYSIS OF NET ASSETS BETWEEN FUNDS

	2023	2023	2023	2023	2022	2022		2022	2022
	Unrestricted						Unrestricted
	Income	Capital			Income			Capital
	Fund	Fund	Total		Fund			Fund	Total
	£	£		£		£		£	£
Investments
at market value	-	9,939,590		9,939,590		-		8,567,668
8,567,668
Cash at stockbroker	22,992	(8,931)		14,061		19,158		(181)	18,977
Cash at bank and
in hand	4,803	(182)		4,621		1,947		19	1,966
Debtors	3,001	1,964,800		1,967,801		-		1,881,000
1,881,000
Creditors	(10,450)	-		(10,450)		(9,400)		(7,706)
(17,106)	──────		──────		──────		──────		──────

──────

• 11 -

CHAPMAN CHARITABLE TRUST

20,346 11,895,277 11,915,623 11,705 10,440,800 10,452,505 ══════ ══════ ══════ ══════ ══════ ══════

• 12 -

CHAPMAN CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued

4. INVESTMENTS

INVESTMENTS	2023	2022
	£	£
Market value at 6thApril 2022	8,567,668
8,168,742
Acquisitions at cost	1,910,611
1,014,702
Disposals proceeds	(62,147)
(1,026,923)
Realised (loss)/gain on investments	(6,031)	96,138
Unrealised (loss)/gain on investments	(470,511)	315,009
	─────── ───────
Market value at 5thApril 2023	9,939,590
8,567,668	═══════
═══════
Investments held by the charity at the year end:
UK Fixed Interest	421,537	443,322
UK Equities	6,865,225
5,910,078
Overseas Equities	2,652,828
2,214,268	───────
───────
	9,939,590
8,567,668	═══════
═══════

There were no investments held at 5[th] April 2023 which are considered material (over 5% of portfolio by value). At 5[th] April 2002, the Tesco Index Linked Bond 2025 which was valued at £443,332 was considered material.

5.	CASH AND CASH EQUIVALENTS	2023	2022
		£	£
	Cash at bank	4,621	1,966
	Cash at stockbroker	14,061	18,977
		─────	─────
		18,682	20,943
		═════	═════
6.	CREDITORS	2023	2022
		£	£
	Audit fees	2,250	2,200
	Accountancy fees	1,200	1,200
	Investment management fees	-	7,706
	Grants payable	7,000	6,000
		────	────
		10,450	17,106
		════	════

1. TAXATION

2. 13 -

CHAPMAN CHARITABLE TRUST

The charity’s activities fall within the exemptions afforded by the provisions of the Taxes Act 1988. Accordingly, there is no taxation charge in these accounts.

• 14 -

CHAPMAN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS - continued

8. RELATED PARTY TRANSACTIONS

There were no related party transactions in the year.

9.	FINANCIAL INSTRUMENTS	2023	2022
		£	£
	Financial assets
	Financial assets measured at fair value through profit and loss	9,939,590
	8,567,668
		────	────
		9,939,590
	8,567,668
		════	════

Financial assets measured at fair value through income and expenditure comprise investments.

• 15 -

CHAPMAN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
- continued
10. GRANTS MADE – 30THSEPTEMBER 2022	£
Action for Children	6,000
Action for Pulmonary Fibrosis	1,000
Almeida Theatre	2,000
Ambitious about Autism	6,000
Amphibian and Reptile Conservation Trust	1,000
Aspire (Association for Spinal Injury Research, Rehabilitation and Reintegration)	2,000
Attend	1,000
Bangor Music Festival	2,000
Brent Adolescent Centre	1,000
British Ex-Services Wheelchair Sports Association	2,000
Britten Pears Arts	6,000
Brogdale Collections	1,000
Canine Partners	1,000
Care for Veterans	6,000
Carers' Support East Kent	1,000
Challengers	2,000
Cherry Trees	3,000
Cities for Children	2,000
Communigrow	2,000
Community Workshops & Gardens @ Holme Farm	1,000
Coram Shakespeare Schools Foundation	1,000
Crohn's & Colitis UK	2,000
Dementia Carers Count - the working name for The Royal Surgical Aid Society	2,000
Dogs for Good	1,000
East Anglia's Children's Hospices	2,000
Ecological Continuity Trust	2,000
Environmental Investigation Agency UK	2,000
European Squirrel Initiative	2,000
Freshwater Life Project	2,000
Gene People	2,000
Get Set Girls	1,000
GreenSeas Trust	2,000
Guild Care	2,000
Hampstead Theatre Ltd	2,000
Homeless Support Project	1,000
Home-Start Arun, Worthing & Adur	2,000
Homestart Ealing	2,000
Hope for the future	2,000
I CAN	2,000
Institute for Food, Brain and Behaviour	2,000
Integrated Neurological Services	1,000
Lake District Calvert Trust	2,000
Leonard Cheshire Disability	6,000
Lighthouse Furniture Project Ltd	2,000
Little Angel Theatre	2,000
London Hearts	1,000
Magpas Air Ambulance	2,000
MHA(Methodist Homes)	6,000
Missing People	2,000
Mountview Academy of Theatre Arts Ltd	2,000
Music Action International	1,000
	─────
Carried forward	112,000

• 16 -

CHAPMAN CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS

• continued

10. GRANTS MADE – 30THSEPTEMBER 2022 - continued	£
Brought forward	112,000
Oakleaf Enterprise	1,000
Only Connect UK	2,000
Orchestras Live	1,000
PAN UK	10,000
Para Dance UK	2,000
Parenting Mental Health (PMH)	2,000
Possible (legal name: the 10:10 Foundation)	2,000
Prisoners Advice Service (PAS)	2,000
Progressive Farming Trust t/a Organic Research Centre	2,000
Project Oasis North Downs	2,000
Prostate Cancer Research	1,000
Richmond Furniture Scheme	1,000
Riverside Trust	1,000
Royal Academy of Music	2,000
Royal College of Music	2,000
Royal Opera House Covent Garden Foundation	2,000
Royal Trinity Hospice	2,000
Sexpression:UK	1,000
Spitalfields City Farm	1,000
Spitalfields Festival Limited	2,000
Step by Step London	2,000
Sustrans	2,000
The AHOY Centre	2,000
The Ambulance Staff Charity	2,000
The Andrew Simpson Foundation	2,000
The Anne Robson Trust	2,000
The Bubble Theatre Company	2,000
The Commitment	2,000
The Compassionate Friends	1,000
The Fragile X Society	6,000
The Friends of Firs Farm	1,000
The Futsal Stars Foundation	2,000
The Haemophilia Society	2,000
The KEYS Project	2,000
The Ramblers Association	1,000
The Reanella Trust	1,000
The Yard Theatre Ltd	1,000
The Yoga in Healthcare Alliance Ltd	1,000
Trigeminal Neuralgia Association	1,000
Waterloo Community Counselling	1,000
Wellbeing of Women	2,000
Wildfowl & Wetlands Trust	2,000
Wilton's Music Hall	1,000
Woodland Heritage	2,000
World Heart Beat Music Academy Ltd	1,000
Young Minds Trust	1,000
Youth Talk	1,000
	─────
	199,000
	═════

• 17 -

CHAPMAN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS - continued

10. GRANTS MADE – 16THMARCH 2023	£
A Rocha UK	6,000
Action for Children	6,000
Age Well East	1,000
Air Ambulance Charity Kent Surrey Sussex	2,000
Alzheimer's Research UK	1,000
Bag Books	2,000
Bat Conservation Trust	1,000
Beating Time	1,000
Bethnal Green Nature Reserve Trust	2,000
Blue Elephant Theatre	1,000
British Exploring Society	2,000
British Film Institute	4,000
Britten Pears Arts	6,000
Cambridge Arts Theatre Trust Ltd	1,000
Cambridge Literary Festival	1,000
Camden Music Trust	2,000
Campaign for National Parks	1,000
Canolfan Gerdd William Mathias	3,000
Care for Veterans	6,000
Cetacean Research & Rescue Unit (CRRU)	2,000
Cherry Trees	3,000
City to Sea CIO	2,000
Clean Planet	2,000
Clean Rivers Trust	2,000
CleanupUK	2,000
Climate Ed	2,000
Climate Resilience Centre Worthing	1,000
CRADLE	2,000
Creekside Education Trust	2,000
Criccieth Arts Association	2,000
CYCALL	1,000
Daws Hall Trust	1,000
East London Music Group	1,000
English National Opera	2,000
Fairshare Educational Foundation T/A ShareAction	2,000
Greener and Cleaner	1,000
Haemochromatosis UK	1,000
Handicapped Children’s Action Group	2,000
Harmony Variety Group	2,000
Holding On Letting Go	1,000
Hope Housing, Training and Support Ltd	1,000
Huntington's Disease Association	3,000
Jacksons Lane	1,000
James' Place Charity (jamesplace.org.uk)	1,000
Just Kidz London	2,000
Key4Life CIO	1,000
Leonard Cheshire	6,000
LimbPower	1,000
Marine Conservation Society	2,000
MHA (Methodist Homes)	6,000
	─────
Carried forward	109,000

• 18 -

CHAPMAN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS - continued

10. GRANTS MADE – 16THMARCH 2023 - continued	£
Brought forward	109,000
New Romney Counselling Services	2,000
Open Up Music	1,000
Opera Holland Park	2,000
Orthopaedic Institute Ltd	1,000
Pain Relief Foundation	2,000
PAN UK	10,000
Parallel Youth Enterprise	1,000
Pos+Ability	1,000
Prisoners' Education Trust	1,000
Reverse The Trend Foundation	1,000
Rise and Shine	1,000
River Thames Boat Project	2,000
Rock UK Adventure Centres Ltd	1,000
Romney Resource 2000 Ltd	2,000
Ronald McDonald House Glasgow	3,000
Sinfonietta Productions Ltd	1,000
Sports Connections Foundation	1,000
Team Domenica	1,000
The Active Pregnancy Foundation	1,000
The Felix Project	1,000
The Fragile X Society	6,000
The Holly Lodge Centre	1,000
The Lullaby Trust	1,000
The Mill @ Coppermill	1,000
The Orchard Project (Cause) Ltd	1,000
The Royal National Theatre	2,000
The Royal Parks	2,000
The Urology Foundation	1,000
The Wildlife Trust for Beds, Cambs & Northants	2,000
Union Chapel Project	1,000
Visible Ministries - The Naked Truth Project	2,000
We Are Beams	1,000
Wish	1,000
	─────
	167,000
	═════

• 19 -