Hackeryoung
charter￿ kcouTriant5

FOR THE YLAR EI¥DED 31 MARCH 2•22
Statrment of Fxttancial Aclivitie8
Notes to the Accounts
li

TRUSTEES, ANNUAL REPORT
The tr￿teeS pr&4ent tbeir repjrt and accounts for the year eDded 31 Marcb 2022. Th¢ rnts have been
¢pared in ￿0[dance with the wuDtin8 plicies set out in note I to the accounts 2nd compty with th¢
charity8 governing d(￿unKn¢ the Clwities Act 2011 znd 'A¢¢O￿lti8 and Reporting by Charities:
Fina￿]41 Rwting Stalld8￿ applicabk in th¢ UK Ind Repubb'c of ]rel8nd (FRS 102)".
Charlty Number. 26137&
2nd Floor. 25 Old Bwlill￿ Stre¢L Loth Wis 3AN
Trust
Melvin Anthony tawsoo
FrwKis Colin Katz
Independent E￿nIller
Julie M¢llow¢s FCCA of
IDveJtment M*natsr
Barclays Bank Pl4 I Chuwhill Place. CwWbaT£ Lonth)D E14 5HP
The In￿t T£ an Dtiiticwwated b￿. COti￿1￿￿e41 a tnwt de•1 d8l¢d 30 May lQ?O and 1$ a rew8ter&l
¢lwity (llumb￿￿ 261378). The tsust was eslab]i8bed by ao ioitial wft fmm Maurice Lawson (deceased)
RIskMaRa￿tTht
Th¢ trustee8 have reviewed the Djaior Tisks onthe wotk of the trusL The systa￿ that bave been

TRUSTEES, ANNUAL REPORT
FOR THE YKARENDED 31 MtlRCH 2022 (Conthi4￿
The object of the trust is to the c8pitsI ond illcome of the tntst fillMI for tbe r¢li¢f of povety>
of the arts and other 8en¢ral ¢haritabl¢ wpos¢s a8 the Intstee8 in their absohrte discretion think fiL The
licies adopted by the in achieving these aims are to make to suitable organisatioD5
thenK8elves charitable in natsy
The trus¢ee8 b•ve Conjplied with s¢rtion 17(5) of the 2011 aMiti¢8 A¢L having Tegard for the ChaTity
Commwion% guidall￿ on public benefit wheL reviewing the IDJsi% ainw •rd ObJ￿tIVes. wh¢n setting ithe
8rant n)8king policy and in makmg awarth.
applications, when fund8 are available.
CoMp￿j with 17 ￿ totallmg £121.950 and n)ade to 17 rlwitable orgaD]￿￿ollS in the previ¢)us yeor.
During the year the clwity received a <knatioD under Gift Aid from Bont¢nt Limited (see also Notes 2 and
io}.
sustaiDable incK￿lle from wljich it ts able to m&e thtsatiow to otlw CP￿rIti￿ and gocrfl Gluses and expect
It Is the EK)licy of the charity to relaiti sorre of the In￿rne a yw by year b￿18. The trustee5 consider
this prudent as they wish to increase the unrntri¢t¢d fimd4 vknich are the free Teserves of tbe charity. to
enable it to provide lry to In￿￿Xt￿nI woiects as and when they are requert￿ and to diversify the
itivesti￿ iti the light of lowerretwn& The l¢v¢l of r¢serves at 31 Mar¢b 2022 wa8 £4.974.423.
Plansfor the
policieB describcd aknve.

LAWSON BECKW CHARfrABLE TRusr
TRUSTEES, AI¥NUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2•22 (conthiDeO)
Statement oftrusted, respomsibilit
applicable law and United Kingdom AccThmting Standards (United Kingdom Generally Ac¢ept¢d
Accountin8 Practice).
fmancial year which give a true and fair vigw of the 8tste of affairs of the clthrity and of Ib¢ illwning
resources and the oppli¢*iin of of the ¢harity for that year. tn PWWiDg these a￿Ounts. the
8el¢¢t Suitable accounling wlicieJ and11￿ appty thth) Consist￿￿,
• observe the methods andw1n¢￿Ie8 in the arolicable CJMritie8 SORP,
accurw at any time the financi8] position of the cb4rity gnd ¢nable them to ensu￿ that the accounts
comply witb the Clwities Act 2011, the Charity (A¢counts and RepM)rts) Regulations 2008 and the
provisiojL8 of the trust dee& They are also rwble for ¥8fegu* the assets ofthe ¢1￿￿ty and hence
M¢lvin
2￿/.......11o25

Hacker Young
4 TIKTh5 kl¢xe SwaTe
Ltrth)ElWIYW
FOR THE YEAR ENDRD JI MARCH 2022
M￿h 2Q21 wtiich4hTE setaty onpap 5 to 11.
This t￿￿18￿￿10 bj th¢thiity8 ¥ •body. iTr Rctim 145 ofthe awiti< A¢t2011. My
r41Mr￿ts of th awits¢•Ad 2011 (Ih• Acry
145{5)(b) of th¢ 2011 A¢L
(I) X<¥YJDl1￿Txtydjvfx ofth¢ byJx¢KQ 130ofthe* or
luthiEIW IYW
DAt¢. IslIlL3

2022
2021
Unrestrl¢ted
funds
fund•
N•te
Income *nd End•wments fr•m:
Iiy).(X)5
2&050
109229
582J51
Gift aid donations
Totsl Ill￿¢
137,055
691,580
EJp¢ndlture
(4.789)
{4,286)
Clwitable activities
(96,627)
(125.843)
TDtsI e4Kndttwre
Net lts¢om¢ before
89kn￿(￿Se5) Invtttmettts
35,639
561.451
io
508.991
(301.403)
Net m•verne•t funth
544.630
260,048
Re￿nell19thIn of fund•
4,429.793
4.169.745
Total fund* ¢arriwi fonv•rd
fA.974.423
£4.429,793

BALANCE SHEET AS AT 31 MARCH 2022
2022
2021
N•ts
Fixed asRts
io
3,837,428
3,735.084
Cash at bank
li
1,141,111
698,594
1,141,111
698,591
Current liabllitie4
(4.116)
{3,885)
Net currettt *Mets
1,136995
694,709
Y4et Msets
£4,974,423
£4.429.793
The funds of the ehxrity
fA.Y14.423
£4,429,793
ny
z.sl.oi/ioZ3

LAWSON BECKMAN CHARITABLE TRUST 

7 

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 

## 1 Accounting policies 

## a) Basis of preparation 

The accounts have been prepared in accordance with the charity's trust deed, 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 (FRS 102)”. The charity is a Public Benefit Entity as defined by FRS 102. 

The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £1. 

The accounts have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below. 

## b) Funds structure 

All funds are unrestricted. Both the capital and income of the charity can therefore be applied at the discretion of the trustees in the furtherance of the objects of the trust. 

## c) Income recognition 

All income is recognised once the charity has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably. 

## d) Expenditure recognition 

Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. 

## e) Irrecoverable VAT 

Irrecoverable VAT is charged against the category of resources expended for which it was incurred. 

## f) Charitable activities 

The expenditure on charitable activities includes grants made and governance costs. 

Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These include costs related to independent examination and legal fees. 

## g) Investments 

Investments are stated at market value as at the balance sheet date. In the case of unquoted investments, market value is estimated by the trustees. 

## h) Gains and losses on investments 

All gains and losses are taken to the statement of financial activities as they arise. Realised gains and losses on investments are calculated as the difference between sale proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities. 



LAWSON BECKMAN CHARITABLE TRUST 

8 

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (continued) 

## 2 Related party transactions and trustees' remuneration 

M A Lawson is a director of Bantent Limited and Telecom Plus Plc. The charity holds investments in both companies. The charity received gift aid donations of £28,050 (2021: £582,351) from Bantent Limited for the year. 

No trustee or any person connected with a trustee has received or is due to receive any remuneration for the year directly or indirectly from the charity's funds. 

No trustee has been reimbursed for expenses during the year. 

|3 Investment income<br>Dividends - UK quoted securities<br>Interest on cash deposits<br>4 Expenditure on charitable activities<br>Grants awarded (see notes 5 and  6)<br>Governance costs (see note 7)|2022<br>£<br>108,926<br>79<br>£109,005<br>2022<br>£<br>92,500<br>4,127<br>£96,627|2021<br>£<br>108,926<br>303<br>£109,229<br>2021<br>£<br>121,950<br>3,893<br>£125,843|
|---|---|---|



## 5 Analysis of grants 

The charity undertook no direct charitable activities but awarded grants to a number of institutions in furtherance of its charitable activities. 

|General Charitable Purposes<br>Education<br>Health and Welfare<br>Religious Activities<br>Total|£<br>22,000<br>18,000<br>39,000<br>13,500<br>£92,500|
|---|---|





LAWSON BECKMAN CHARITABLE TRUST 

9 

## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (continued) 


**----- Start of picture text -----**<br>
6 Grants awarded 2022 2022<br>£ £<br>General Charitable  UK Friends of Yad Yisroel 10,000<br>Purposes The Jewish Volunteering Network 5,000<br>Community Security Trust 5,000<br>The Together Plan 2,000<br>22,000<br>Education Holocaust Educational Trust 5,000<br>London School of Jewish Studies 2,000<br>The Du Boisson Dance Foundation 4,000<br>Jewish Learning Exchange 5,000<br>UNITAS 2,000<br>18,000<br>Health and Welfare Norwood Ravenswood 12,500<br>Jewish Care (Holocaust Survivors Centre) 12,500<br>World Jewish Relief 5,000<br>Nightingale Hammerson 5,000<br>Teenage Cancer Trust 1,000<br>Target Ovarian cancer 2,000<br>The Royal Free Charity 1,000<br>39,000<br>Religious Activities United Synagogue  2,500<br>Central Synagogue 11,000<br>13,500<br>Total grants awarded during the year<br>£92,500<br>7 Management and administration 2022 2021<br>£ £<br>Accountancy fees  4,116 3,885<br>Bank charges 11 8<br>£4,127 £3,893<br>**----- End of picture text -----**<br>


## 8 Staff costs 

No staff were employed during the year by the charity, the daily administration of the charity being carried out by the trustees. 



LAWSON BECKMAN CHARITABLE TRUST 

10 

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (continued) 

## 9 Accountancy fees 

The remuneration constituted an independent examination fee of £798 (2021 £755) and accountancy and other work of £3,318 (2021 £3,130). 

|10 Analysis of fixed assets<br>Quoted Investments<br>Market value at 31 March 2021<br>Additions to investments at cost<br>Proceeds from investment disposals<br>Realised gain on disposal of investments<br>Unrealised gain on revaluation of investments<br>Market value at 31 March 2022|2022<br>£<br>3,585,084<br>48,292<br>(454,939)<br>64,048<br>444,943<br>£3,687,428|2021<br>£<br>2,600,150<br>686,337<br>-<br>-<br>298,597<br>£3,585,084|
|---|---|---|



The book cost of quoted investments as at 31 March 2022 was £1,281,018 (2021: £1,623,617). 

|Unquoted Investments<br>Estimated market value at 31 March 2021*<br>Unrealised loss<br>Estimated market value at 31 March 2022 *|2022<br>£<br>150,000<br>-<br>£150,000|2021<br>£<br>750,000<br>(600,000)<br>£150,000|
|---|---|---|



The book cost of unquoted investments as at 31 March 2022 was £15,033 (2021: £15,033). 

* Unquoted investments represent 33 ordinary £1 shares in Bantent Limited (UK company reg. 00653686). The value of the shares held in Bantent Limited is recorded at estimated market value in these financial statements. 

The investment in Bantent Limited represents a one-third stake in that company. This holding has not been accounted for as an associated undertaking.  Bantent Limited's net income is distributed under Gift Aid. 

|11 Analysis of current assets<br>Cash at bank<br>Barclays Bank accounts<br>Barclays Wealth accounts<br>WH Ireland Limited<br>Total current assets|2022<br>£<br>619,144<br>286,325<br>235,642<br>£1,141,111|2021<br>£<br>516,711<br>181,883<br>-<br>£698,594|
|---|---|---|





LAWSON BECKMAN CHARITABLE TRUST 

11 

## NOTES TO THE FINANCIAL STATEMENTS 

FOR THE YEAR ENDED 31 MARCH 2022 (continued) 


**----- Start of picture text -----**<br>
12 Analysis of liabilities 2022 2021<br>£ £<br>Creditors falling due within one year<br>Accountancy fees 3,318 3,130<br>Independent examination fees 798 755<br>Total £4,116 £3,885<br>**----- End of picture text -----**<br>


