| Trustees' Annual Report |
|
|---|---|
| Independent examiner's report to the trustees |
|
| Statement offinancial activities |
|
| Balance sheet | |
| Notes to the financial statements |
10 |
| REFERENC | E AND | ADMINISTRATI | VE DETAILS |
|||||
|---|---|---|---|---|---|---|---|---|
| Registered | charity | name | Royal Warrant | Holders Association | Charity | Fund | ||
| Charity registration | number | 255961 | ||||||
| Principal office | No 1 Buckingham | Place | ||||||
| London | ||||||||
| United Kingdom |
||||||||
| SW1E6HR | ||||||||
| The trustees | ||||||||
| 'The trustees | who served the Charity | during the period were | as follows: | |||||
| N Farrow | ||||||||
| M Pudney (Resigned |
29 March 2023) | |||||||
| P Coward | ||||||||
| P Harper (Chairman) | ||||||||
| A Hollamby | ||||||||
| J Newton (Appointed |
23 May 2023) | |||||||
| Independent | examiner | Ward Williams | ||||||
| Chartered Accountants |
||||||||
| Belgrave House | ||||||||
| 39-43 Monument | Hill | |||||||
| Weybridge | ||||||||
| Surrey | ||||||||
| KT138RN | ||||||||
| Investment | adviser | Cazenove Capital |
Management | |||||
| 12Moorgate | ||||||||
| London | ||||||||
| EC2R 6DA | ||||||||
| Solicitors | Bircham, Dyson |
Bell | ||||||
| 50 Broadway | ||||||||
| London | ||||||||
| SW1H OBL |
| YEAR ENDED 31 DEC | EMBER 2023 | |||
|---|---|---|---|---|
| Total Funds | Total Funds | |||
| 2023 | 2022 | |||
| Note | 6 | F | ||
| INCOME | ||||
| Donations and legacies |
2 | 152,225 | 102,056 | |
| Other fundraising activities |
3 | 5,115 | 1,245 | |
| Investment income |
4 | 13,900 | 12,860 | |
| TOTAL INCOME | 171,240 | 116,161 | ||
| EXPENDITURE | ||||
| Investment management |
costs | 5 | (736) | (771) |
| Charitable activities |
6/7 | (128,756) | (215,129) | |
| Governance costs |
8 | (1,609) | (770) | |
| TOTAL EXPENDITURE | (131,101) | (216,670) | ||
| NET INCOMING RESOURCES BEFORE |
||||
| GAINS AND LOSSES ON | INVESTMENTS | 9 | 40,139 | (100,509) |
| Gain/(loss) on investment |
assets | 11 | 6,368 | (32,774) |
| NET MOVEMENT IN FUNDS |
46,507 | (133,283) | ||
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward |
14 | 348,945 | 482,228 | |
| TOTAL FUNDS CARRIED FORWARD | F395,452 | 5348,945 |
| 2. | DONATIO | NS AND LE |
GACIES | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Total Funds | ||||||
| Funds | 2023 | 2022 | ||||||
| F | 6 | |||||||
| Donations | received | 152,225 | 152,225 | 102,056 | ||||
| 3. | OTHER FUNDRAISING | ACTIVITIES | ||||||
| Unrestricted | Total Funds | Total Funds | ||||||
| Funds | 2023 | 2022 | ||||||
| 6 | F | |||||||
| Event income | 5,115 | 5,115 | 1,245 | |||||
| 4. | INVESTMENT INCOME | |||||||
| Unrestricted | Total Funds | Total Funds | ||||||
| Funds | 2023 F |
2022 f |
||||||
| Income from managed | investment | portfolio | 13,900 | 13,900 | 12,860 | |||
| 5. | INVESTMENT MANAGEMENT | COSTS | ||||||
| Unrestricted | Total Funds | Total Funds | ||||||
| Funds | 2023 | 2022 | ||||||
| 6 | E | |||||||
| Investment | management | fees | 736 | 736 | 771 |
| COSTS OF CHARITA | BLE ACTI | VIT | IES | BYFUND TYPE | ||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Total Funds | ||||
| Funds | 2023 | 2022 | ||||
| E | 5 | E | ||||
| Grants (note 7) | 105,576 | 105,576 | 181,736 | |||
| Event expenditure | 23,180 | 23,180 | 33,393 | |||
| 128,756 | 128,756 | 215,129 | ||||
| COSTS OF CHARITABLE ACTIVITIES | BYACTIVITY TYPE | |||||
| The total ofgrants paid |
to institutions | during the year was as follows: | ||||
| 2023 | 2022 | |||||
| F | ||||||
| ABF The Soldiers Charity | 10,000 | |||||
| A Bear Named Buttony |
3,000 | |||||
| Abby's Heroes | 1,000 | |||||
| Alzheimer's Society |
500 | |||||
| Anna Kennedy Online |
3,000 | |||||
| Arthur Rank Hospice | Charity | 500 | ||||
| Art Journeys | 3,000 | |||||
| Ashgate Hospice |
1,000 | |||||
| Association of Polish |
Family - Ukrainian | refugees | 3,000 | |||
| Aylesbury Foodbank |
1,000 | |||||
| Baby Basics West Norfolk | 1,000 | |||||
| Become | 1,000 | |||||
| Bell View Belford | 3,000 | |||||
| Bexley Snap | 3,000 | |||||
| Birmingham Children |
Hospital | 3,000 | ||||
| Blythe House Hospice | 2,700 | |||||
| Bromley Borough Foodbank | 3,000 | |||||
| Cancer and Pisces Trust | 1,000 | |||||
| Challengers | 3,000 | |||||
| Charlies Wings | 500 | |||||
| Clockwork | 3,000 | 1,000 | ||||
| Club Peloton | 3,000 | |||||
| Coventry Foodbank |
1,000 | |||||
| Craigellachie Parent Partnership |
3,000 | |||||
| Demelza Hospice Care for Children | 3,000 | |||||
| Dementia UK |
3,000 | |||||
| Dereham Cricket Club |
3,000 | |||||
| Dnipro Appeal | 3,000 | |||||
| East Lothian Foodbank | 1,000 | |||||
| East Park Riding for the Disabled | Group | 3,000 | ||||
| English National Opera |
3,000 | |||||
| Equine Grass Sickness Fund | 1,000 | |||||
| Falcon Boat Club | 3,000 | |||||
| Families in Action |
1,000 | |||||
| Family Movers Ltd | 2,000 | |||||
| FareShare UK |
3,000 | |||||
| Faversham Strike Force Football |
Club | 3,000 |
| 2023 f |
2022 f |
|||||||
|---|---|---|---|---|---|---|---|---|
| Fife Gingerbread | 1,000 | |||||||
| Forever Colours Children's |
Hospice | 2,880 | ||||||
| Fortnightly Hall |
3,000 | |||||||
| Fortnum's Bee Keeping |
Project | 3,000 | ||||||
| Friends of Playbox | 3,000 | |||||||
| Friends ofVigilance | 2,000 | |||||||
| Glass Door Homeless | Charity | 1,000 | ||||||
| Grampian Opportunities |
1,000 | |||||||
| Greenfingers Chadity |
500 | |||||||
| Hampshire & Isle ofWight |
Air Ambula | nce | 2,806 | |||||
| Harwich Museum |
900 | |||||||
| Help4thehomeless | 1,000 | |||||||
| Helping Hands Community |
Project | 3,000 | 1,000 | |||||
| Highground | 3,000 | |||||||
| Holme Farm | 3,000 | |||||||
| Home-Start Guildford |
2,770 | |||||||
| Home-Start Westminster, |
Kensington | 8 Chelsea and | ||||||
| Hammersmith 8 Fulham |
1,000 | |||||||
| Hope 4 CIC | 3,000 | |||||||
| Hospitality & Hope |
3,000 | |||||||
| Jeans for Genes | 500 | |||||||
| John King Brain Tumour | Foundation | 3,000 | ||||||
| Keeping Abreast Ltd |
3,000 | |||||||
| Kensington &Chelsea |
Food | Bank | 1,000 | |||||
| Knightswood Care |
2,940 | |||||||
| Lancaster 8 District Homeless |
Action | 1,000 | ||||||
| LEAF | 10,000 | |||||||
| Leatherhead Community |
Hub | 1,000 | ||||||
| I incolnshire Rural Support |
Network | 1,000 | ||||||
| Lisvane Mens Shed | 1,000 | |||||||
| Loveuntil Foundation |
3,000 | |||||||
| Marham Village Pre School |
3,000 | |||||||
| Marie Curie | 1,000 | |||||||
| Merlin MS Centre |
2,982 | |||||||
| Moray Food Plus | 1,000 | |||||||
| Motor Neurone Disease |
Association- | Kings Lynn | ||||||
| Fundraising Group |
1,000 | |||||||
| National Literacy Trust |
5,000 | |||||||
| NICE —Centre for Movement | Disorde | I's | 1,000 | |||||
| Norfolk Hospice | 3,000 | |||||||
| Only a Pavement Away |
1,000 | |||||||
| Papyrus | 500 | |||||||
| Pegasus Primary School |
3,000 | |||||||
| Pens for Kids UK | 1,000 | |||||||
| Plunkett Foundation |
3,000 | |||||||
| Purflect Trust | 2,196 | |||||||
| Rainbows Hospice for Children |
&You | ng People | 3,000 | |||||
| Rapid Relief Team | 1,000 | |||||||
| Residents ofWard 15 Upper |
Deeside | 1,000 | ||||||
| Restore | 1,000 |
| COSTS O | F CH | ARIT | ABL | E ACTIVITIES | BYACTIVITY TYP | E (contrnuedt | |
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| F | F | ||||||
| RNOH Charity | 1,000 | ||||||
| Roald Dahl's Marvelous | Children' s | Charity | 3,000 | ||||
| Samaritans | 1,000 | ||||||
| Scotty's Little Soldiers | 3,000 | ||||||
| Sheffield Hospital Charity |
1,000 | ||||||
| Spirit ofPeace | 1,000 | ||||||
| Star Throwers | 1,000 | ||||||
| Stars Appeal Foundation | 3,000 | ||||||
| St Georges Hospital | 3,000 | ||||||
| StJames's Church | Piccadilly | 1,000 | |||||
| Storehouse | 1,000 | ||||||
| Street Talk | 1,000 | ||||||
| Strength &Learning |
Through | Horse | 1,000 | ||||
| Suffolk Refugee Support | Ltd | 3,000 | |||||
| Swan Youth Project | 3,000 | ||||||
| Thanet Food Link | 1,000 | ||||||
| The Backup Trust | 3,000 | ||||||
| The British Red Cross Society | 6,000 | 10,000 | |||||
| The Childhood Trust |
3,000 | ||||||
| The Children's Surgery Foundation |
3,000 | ||||||
| The Country Food Trust |
1,000 | ||||||
| The Hotel School | 3,000 | ||||||
| The Joshua Tree Charity | 3,000 | ||||||
| The Pace Centre Ltd |
1,000 | ||||||
| The Trussell Trust | 1,000 | ||||||
| The Wiltshire Bobby |
Van | Trust | 3,000 | ||||
| Tiptree Community | Hub CIC | 1,000 | |||||
| Toys for Ukrainian Orphans |
1,000 | ||||||
| Transforming Lives |
for Good | 3,000 | |||||
| True Heroes Racing | 3,000 | ||||||
| Velindre Fundraising |
2,000 | ||||||
| Warrington Foodbank |
1,000 | ||||||
| We are Beams | 3,000 | ||||||
| Wessex Children's Hospice Trust |
1,000 | ||||||
| Windsor Christian Action |
3,000 | ||||||
| YANA | 1,000 | ||||||
| Yellow Submarine | 2,638 | ||||||
| Youth &Families Matter | 2,500 | ||||||
| Zarach | 3,000 | ||||||
| 8105,576 | 8181,736 | ||||||
| Grant | Total | ||||||
| funding | Funds | Total Funds | |||||
| activities | 2023 | 2022 | |||||
| 5 | 5 | 8 | |||||
| rants | 105,756 | 105,756 | 181,736 |
| YEAR ENDED 31 | DECEMBER 2023 | ||||||
|---|---|---|---|---|---|---|---|
| 8. | GOVERNANCE | COSTS | |||||
| Unrestricted | Total Funds | Total Funds | |||||
| Funds | 2023 | 2022 | |||||
| F | 6 | ||||||
| Independent | examiner's | fees | 660 | 660 | 600 | ||
| Other financial | costs | 949 | 949 | 170 | |||
| K1,609 | 61,609 | 6770 | |||||
| 9. | TOTAL EXPENDITURE | ||||||
| This is stated | after charging: | ||||||
| 2023 | 2022 | ||||||
| Independent | examiner's | remuneration | 660 | 600 |
| Movement | in | in | market value | market value | ||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| 5 | ||||||||
| Market value | at 1 January | 2023 | 308,056 | 291,025 | ||||
| Acquisitions | at cost | 305,822 | 49,805 | |||||
| Disposals | (306,484) | |||||||
| Net gain/(loss) | on investment | valuations | 6,368 | (32,774) | ||||
| Market value | at 31 December | 2023 | F313,762 | 5308,056 | ||||
| Historical cost | at 31 December 2023 | 6305,153 | 5297,415 | |||||
| Analysis of |
investments | at 31 December 2023 | ||||||
| Total Funds | Total Funds | |||||||
| 2023 | 2022 | |||||||
| 6 | 6 | |||||||
| Schroder Charity Multi-Asset |
Fund | 6313,762 | 5308,056 | |||||
| 12. | DEBTORS | |||||||
| 2023 | 2022 | |||||||
| 6 | E | |||||||
| Royal Warrant | Holders Association | |||||||
| Other debtors | 1,601 | 675 | ||||||
| F1,601 | 6675 |
| 2023 | 2022 |
|---|---|
| F | 6 |
| 24,550 | 36,728 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | Incoming | Outgoing | 31 December | |||
| 1 | January 2023 |
resources | resources | 2023 | ||
| F | ||||||
| General | Funds | 348,945 | 177,608 | (131,101) | 395,452 |