| Page | |
|---|---|
| Reference and Administrative Information |
|
| Trustees' Annual Report | 2 —4 |
| Independent Examiner's Report |
|
| Statement ofFinancial Activities | |
| Balance Sheet | |
| Notes to the Financial Statements | 8-13 |
| Unrestricted | Funds | |||||
|---|---|---|---|---|---|---|
| Expendable | Total | Total | ||||
| NOTE | Endowment | Income | 2022 | 2021 | ||
| E | ||||||
| INCOME | ||||||
| Investment Income |
57,880 | 57,880 | 53,258 | |||
| TOTAL INCOME | 57,880 | 57,880 | 53,258 | |||
| EXPENDITURE | ||||||
| Costs ofgenerating | funds | 4 | 10,976 | 10,976 | 11,627 | |
| Charitable activities |
5,7 | 5,144 | 97,584 | '102,728 | 75,353 | |
| TOTAL EXPENDITURE | 16,120 | 97,584 | 113,704 | 86,980 | ||
| NET EXPENDITURE | (16,120) | (39,704) | (55,824) | (33,722) | ||
| Gains/(Losses) on investments |
||||||
| Realised | (2,053) | (2,053) | 3,006 | |||
| Unrealised | 66,862 | 66,862 | 434,004 | |||
| NET MOVEMENT | IN FUNDS | 48,689 | (39,704) | 8,905 | 403,288 | |
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 2,245,292 | 165,570 | 2,410,862 | 2,007,574 | |
| BALANCE CARRIED FORWARD | 2,293,981 | 125,866 | 2+19,847 | 2,410,862 |
| 2022 | 2021 | ||
|---|---|---|---|
| 6 | |||
| Income | from Investments | 57,854 | 53,187 |
| Interest | on cash deposits | 26 | 71 |
| 57,880 | 53,258 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| E | |||||
| Investment | Management | Fee | (after fee adjustment/rebates) | 7,121 | 6,779 |
| Custodian | and Administration | Fees | 3,855 | 4,848 | |
| 10,976 | 11,627 |
| 2022 | |||
|---|---|---|---|
| Clifton Hampden P.C.C | 6,000 | ||
| (The) Butterfly Trust | 5,000 | ||
| Kent County Cricket Club | 5,000 | ||
| Multiple System Atrophy | Trust | (M.S.A) | 3,000 |
| Alzheimer Research |
2,000 | ||
| (The) British Nepal Medical Trust | 2,000 | ||
| Child Rescue Trust | 2,000 | ||
| (The) Egremont Trust | 2,000 | ||
| Gurka Welfare Trust | 2,000 | ||
| (The) Kent Medical School | 2,000 | ||
| Prisoners Education Trust | 2,000 | ||
| Royal Caladonian Educational |
Trust | 2,000 | |
| StMary's Church Chiddingstone | 2,000 | ||
| StMungo's | 2,000 | ||
| Donations under f2,000 | 55,741 | ||
| Total donations | 94,741 | ||
| Support and Governance | Costs | (note 7) | 7,987 |
| Total | 102,728 |
| 2022 | 2021 | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|
| No. | No. | ||||||
| The prevention ofrelief ofpoverty |
6 | 5 | 6,791 | 6,300 | |||
| The advancement | of | education | 12 | 8 | 14,750 | 10,000 | |
| The advancement | of | religion | 7 | 6 | 11,750 | 9,400 | |
| The advancement | of | health or the saving oflives | 24 | 12 | 31,250 | 13,350 | |
| The advancement | of | citizenship or community |
2 | 2 | 2,000 | 2,000 | |
| The advancement | of | the arts, culture, heritage, or | 8 | 7 | 9,000 | 7,300 | |
| science | |||||||
| The advancement | of | human rights, | conflict | 200 | |||
| resolution or the promotion ofreligious or racial |
|||||||
| harmony or equality |
and diversity | ||||||
| The advancement | of | amateur sport | 4 | 3 | 8,000 | 3,500 | |
| The advancement | of | environmental | protection or | 7 | 8 | 6,000 | 9,500 |
| improvement | |||||||
| The relief ofthose in | need by reason of youth, age, | 1 | 1 | 1,000 | 1,000 | ||
| ill-health, disability, |
financial hardship or other |
||||||
| disadvantage | |||||||
| The advancement | of | animal welfare | 4 | 5 | 4,000 | 5,500 | |
| 76 | 57 | 94,741 | 67,850 |
| SUPPORT AND GOVERNANCE COSTS | SUPPORT AND GOVERNANCE COSTS | SUPPORT AND GOVERNANCE COSTS | |||
|---|---|---|---|---|---|
| Unrestricted | |||||
| Expendable | Unrestricted | 2022 | 2021 | ||
| Endowment | Income | Total | Total | ||
| f. | f, | f | |||
| Independent | Examiner Fee: | ||||
| -current year | 2,700 | 2,700 | 2,700 | ||
| Legal and Professional Fees | 5,144 | 5,144 | 4,732 | ||
| Bank Charges | 143 | 143 | 71 | ||
| ToCharitable | activities | (5,144) | (2,843) | (7,987) | 7,503 |
| FIXEDASSETINVESTMENTS | |||||
| Movement in | fixed asset investments |
| Movement in fixed asset in | vestments | vestments | ||||
|---|---|---|---|---|---|---|
| Unlisted Securities | Listed Securities | Total | Total | |||
| 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | |
| f | 6 | |||||
| Market Value Brought | 32449 | 41,018 | 2,085,021 | 1,637,877 | 2,117,270 | 1,678,895 |
| Forward | ||||||
| Acquisitions at Cost |
(1,570) | 135,999 | 40,935 | 135,999 | 39,365 | |
| Less Disposal Proceeds | (143,909) | (38,000) | (143,909) | (38,000) | ||
| Realised Gains/Posses) | (2,053) | 3,006 | (2,053) | 3,006 | ||
| on disposals | ||||||
| Net gains/ (loss) on | 4,922 | (7,199) | 61,940 | 441,203 | 66,862 | |
| revaluation | ||||||
| Market Value at 5 | 37,171 | 3~49 | 2,136,998 | 2,085,021 | 2,174,169 | 2,117470 |
| April | ||||||
| Histon'col Costs at5 |
28,485 | 28,846 | L679,948 | 1,692,918 | 1,708,433 | 1,721,764 |
| April | ||||||
| Ceographical Analysis |
||||||
| UKinvestments | 37,171 | 32,249 | 2,136,998 | 2,004,935 | 2,174,169 | 2,037,184 |
| Overseas investments | 80,086 | 80,086 | ||||
| 37,171 | 32449 | 2,136,998 | 2,0852)21 | 2,174,169 | 2,117,270 | |
| he following investments | comprise in excess of5% ofthe value of the | portfolio: | ||||
| Investments | Holding | Value | ||||
| (E) | ||||||
| TM Stonehage Fleming GBLEquities | IA INC | 165,915 | 694,353 | |||
| TBailey Evenlode Global Income | 141,305 | 199,876 | ||||
| Pimco Global Advisors IRLLtd | 18,635 | 181,881 | ||||
| Stonehage Fleming UK Equity Income Fund | 100,513 | 174,189 | ||||
| Bluebay Fund Management | CoSAGBL | 1,340 | 140,043 | |||
| Artemis Fund Manager Global Units | 119,833 | 135,627 |
| DEBTORS | ||
|---|---|---|
| 2022 | 2021 | |
| Total | Total | |
| E | 6 | |
| Fee Rebate Due | 337 | 326 |
| Income Due | 7,456 | 5,652 |
| 7,793 | 5,978 |
| Unrestricted | ||
|---|---|---|
| Expendable | Unrestricted | 2022 |
| Endowment | Income | Total |
| E | E | |
| 4,350 | 2,700 | 7,050 |
| 4,350 | 2,700 | 7,050 |
| Unrestricted | ||
| Expendable | Unrestricted | 2021 |
| Endowment | Income | Total |
| 5 | ||
| 4,757 | 2,700 | 7,457 |
| 4,757 | 2,700 | 7,457 |
| NALYSIS OF CHARITABLE | FUNDS | ||
|---|---|---|---|
| Unrestricted | |||
| Expendable | Unrestricted | 2022 | |
| Endowment | Income | Total | |
| 6 | |||
| Investments | 2,174,169 | 2,174,169 | |
| Cash at bank | 123,825 | 121,110 | 244,935 |
| Debtors | 337 | 7,456 | 7,793 |
| Creditors | 4,350 | (2,700) | 7,050) |
| 2,293,981 | 125,866 | 2,419,847 | |
| Unrestricted | |||
| Expendable | Unrestricted | 2021 | |
| Endowment | Income | Total | |
| Investments | 2,117,270 | 2,117,270 | |
| Cash atbank | 132,453 | 162,618 | 295,071 |
| Debtors | 326 | 5,652 | 5,978 |
| Creditors | 4,757 | (2,700 | (7,457) |
| 2,245,292 | 165,570 | 2,410,862 |