| 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 | 2023 | 2022 | ||
| E | ||||||
| INCOME | ||||||
| Investment Income |
64,089 | 64,089 | 57,880 | |||
| TOTAL INCOME | 64,089 | 64,089 | 57,880 | |||
| EXPENDITURE | ||||||
| Costs ofgenerating | funds | 4 | 9,478 | 9,478 | 10,976 | |
| Charitable activities |
5,7 | 5,946 | 75,087 | 81,033 | 102,728 | |
| TOTAL EXPENDITURE | 15,424 | 75,087 | 90,511 | 113,704 | ||
| NET EXPENDITURE | (15,424) | (10,998) | (26,422) | (55,824) | ||
| Gains/(Losses) on investments |
||||||
| Realised | (5,688) | (5,688) | (2,053) | |||
| Unrealised | (73,479) | (73,479) | 66,862 | |||
| NET MOVEMENT | IN FUNDS | (94,591) | (10,998) | (105,589) | 8,905 | |
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought | forward | 2,293,981 | 125,866 | 2,419,487 | 2,410,862 | |
| BALANCE CARRIED FORWARD | 2,199,390 | 114,868 | 2,314,258 | 2,419847 |
| NOTE | 2023 | 2022 | ||
|---|---|---|---|---|
| FIXEDASSETS | ||||
| Investments | 2,169,118 | 2,174,169 | ||
| CURRENT ASSETS | ||||
| Debtors | 8,252 | 7,793 | ||
| Cash at Bank | 143,454 | 244,935 | ||
| 151,706 | 252,728 | |||
| LIABILITIES | ||||
| Creditors: amount | falling due within one year | 10 | (6,566) | (7,050) |
| NET CURRENT ASSETS | 145,140 | 245,678 | ||
| TOTAL ASSETS | LESS LIABILITIES | 2,314,258 | 2,419,847 | |
| Representing: | ||||
| UNRESTRICTED FUNDS | ||||
| Expendable Endowment |
2,199,390 | 2,293,981 | ||
| Income | 114,868 | 125,866 | ||
| 2,314,258 | 2,419,847 |
| 2023 | 2022 | ||
|---|---|---|---|
| Income | from Investments | 62,387 | 57,854 |
| Interest | on cash deposits | 1,702 | 26 |
| 64,089 | 57,880 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| 6 | |||||
| Investment | Management | Fee | (after fee adjustment/rebates) | 6,508 | 7121 |
| Custodian | and Administration | Fees | 2,970 | 3,855 | |
| 9,478 | 10,976 |
| institutions in furth |
erance ofits charitable activities as follows:- |
|
|---|---|---|
| 2023 | ||
| The Fleming-Wyfold Art Foundation |
5,000 | |
| StMary's Church Chiddingstone | 3,000 | |
| Art for Cure | 2,000 | |
| Arundel Castle Cricket Foundation |
2,000 | |
| Changing Faces |
2,000 | |
| Compaid | 2,000 | |
| (The) Egremont Trust | 2,000 | |
| Hebridean Trust |
2,000 | |
| Multiple System Atrophy |
Trust (MSA Trust) | 2,000 |
| Prisoners Education Trust | 2,000 | |
| Prison Reform Trust | 2,000 | |
| Samaritans Turnbridge Well |
2,000 | |
| StMichaels &All Angels | Church, Clifton Hampden | 2,000 |
| StMungo's | 2,000 | |
| Donations under E2,000 | 40,250 | |
| Total donations | 72,250 | |
| Support and Governance | Costs (note 7) | 8,783 |
| Total | 81,033 |
| 2023 | 2022 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| No. | No. | ||||||
| The prevention ofrelief ofpoverty |
6 | 6 | 5,800 | 6,791 | |||
| The advancement | of | education | 7 | 12 | 11,000 | 14,750 | |
| The advancement | of | religion | 5 | 7 | 7,000 | 11,750 | |
| The advancement | of | health or the saving oflives | 17 | 24 | 20,850 | 31,250 | |
| The advancement | of | citizenship or community |
3 | 2 | 2,500 | 2,000 | |
| The advancement | of | the arts, culture, heritage, or | 8 | 8 | 12,000 | 9,000 | |
| 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 |
2 | 4 | 2,100 | 8,000 | |
| The advancement | of | environmental | protection or | 7 | 7 | 7,000 | 6,000 |
| improvement | |||||||
| The relief ofthose in | need by reason of youth, age, | 1,000 | |||||
| ill-health, disability, |
financial hardship or other |
||||||
| disadvantage | |||||||
| The advancement | of | animal welfare | 4 | 4 | 4,000 | 4,000 | |
| 59 | 76 | 72,250 | 94,741 |
| Unrestricted | |||||||
|---|---|---|---|---|---|---|---|
| Expendable | Unrestricted | 2023 | 2022 | ||||
| Endowment | Income | Total | Total | ||||
| Independent | Examiner | Fee: | |||||
| -current year | 2,740 | 2,740 | 2,700 | ||||
| Legal and Professional | Fees | 5,946 | 5,946 | 5,144 | |||
| Bank Charges | 97 | 97 | 143 | ||||
| ToCharitable | activities | (5,946) | (2,837) | (8,783) | (7,987) | ||
| FIXEDASSETINVESTMENTS | |||||||
| Movement in |
fixed asset investments | ||||||
| Unlisted Securities | Listed Securities | Total | Total | ||||
| 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | ||
| 6 | |||||||
| Market Value Brought | 37,171 | 32,249 | 2,136,998 | 2,085,021 | 2,174,169 | 2,117,270 | |
| Forward | |||||||
| Acquisitions at Cost |
229,471 | 135,999 | 229,471 | 135,999 | |||
| Less Disposal Proceeds | (155,355) | (143,909) | (155,355) | (143,909) | |||
| Realised Gains/(losses) | (5,688) | (2,053) | (5,688) | (2,053) | |||
| on disposals | |||||||
| Net gains/ (loss) on | 6,503 | 4,922 | (79,982) | 61,940 | (73,479) | 66,862 | |
| revaluation | |||||||
| Market Value | at 5 | 43~674 | 371171 | 2~125444 | 2136998 | 2169118 | 2~174~169 |
| April | |||||||
| Historical Costs |
at 5 | 28,845 | 28,485 | 1,813,399 | 1,679,948 | 1,842,244 | 1,708,433 |
| April | |||||||
| Geographical | Analysis | ||||||
| UK investments | 43,674 | 37,171 | 2,125,444 | 2,136,998 | 2,169,118 | 2,174,169 | |
| Overseas investments | |||||||
| 43,674 | 37,171 | 2,125,444 | 2,'136,998 | 2,169,118 | 2,174,169 |
| Investments | Holding | Value |
|---|---|---|
| (E) | ||
| TM Stonehage Fleming GBLEquities IA INC | 139,221 | 543,241 |
| TBailey Evenlode Global Income | 141,305 | 207,253 |
| TM Redwheel UK Equity Income LGBP | 166,435 | 171,928 |
| Pimco Global Advisors IRLLtd | 18,635 | 169,954 |
| Ishare VIIPLC USD Treasury Bond | 27,207 | 127,818 |
| Artemis Fund Manager Global Units | 119,833 | 126,580 |
| Bluebay Fund Management Co SA GBL |
1,340 | 124,615 |
| 2023 | 2022 |
|---|---|
| Total | Total |
| 274 | 337 |
| 7,978 | 7,456 |
| 8,252 | 7,793 |
| Unrestricted | ||
|---|---|---|
| Expendable | Unrestricted | 2023 |
| Endowment | Income | Total |
| 4,066 | 2,500 | 6,566 |
| 4,066 | 2,500 | 6,566 |
| Unrestricted | ||
| Expendable | Unrestricted | 2022 |
| Endowment | Income | Total |
| 4,350 | 2,700 | 7,050 |
| 4,350 | 2,700 | 7,050 |
| NALYSIS OF CHARITABLE | FUNDS | ||
|---|---|---|---|
| Unrestricted | |||
| Expendable | Unrestricted | 2023 | |
| Endowment | Income | Total | |
| Investments | 2,169,118 | 2,169,118 | |
| Cash at bank | 34,338 | 109,116 | 143,454 |
| Debtors | 8,252 | 8,252 | |
| Creditors | (4,066) | (2,500) | (6,566) |
| 2,199,390 | 114,868 | 2,314,258 | |
| Unrestricted | |||
| Expendable | Unrestricted | 2022 | |
| Endowment | Income | Total | |
| 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 | 2,419/47 |