| Trustees | Mrs J A Hunt | |
|---|---|---|
| Miss E H Morrison | ||
| Mrs FA Rice | (Appointed 22 February | |
| 2023) | ||
| Charity number 261380 | ||
| Principal address C/o Currey & Co LLP | ||
| 33 Queen Anne Street | ||
| London | ||
| WIG 9HY | ||
| Auditor | Xeinadin Audit Limited | |
| Oak House, Market Place | ||
| Bedale | ||
| North Yorkshire | ||
| IDL8 1AQ | ||
| Bankers | Bank of Scotland | |
| 14/16 Cockspur Street | ||
| London | ||
| SW1Y 5BL | ||
| Solicitors | Currey & Co LLP | |
| 33 Queen Anne Street | ||
| London | ||
| WIG 9HY | ||
| Investment | advisors Evelyn Partners | |
| -45 Gresham Street | ||
| London | ||
| EC2V 7BG |
| Page | |
|---|---|
| Trustees' report | 1- 2 |
| Statement of trustees' responsibilities | 3 |
| Independent auditor's report | 4 - 7 |
| Statement offinancial activities | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10 - 14 |
瓶瓶AL
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2023 | 2022 | ||
| Notes | |||
| Income from: | |||
| Investments | 2 | 351,789 | 289,316 |
| Expenditure on: | |||
| Raising funds | 3 | 90,306 | 92,005 |
| Charitable activities | 4 | 320,806 | 293,545 |
| Total expenditure | 411,112 | 385,550 | |
| Net gains/(losses) on investments | 8 | (803,927) | 923,836 |
| Net movement in funds | (863,250) | 827,602 | |
| Fund balances at 6April 2022 | 16,190,695 | 15,363,093 | |
| Fund balances at 5 April 2023 | 15,327,445 | 16,190,695 |
| 2023 | 2022 | ||
|---|---|---|---|
| Notes | £ £ | £ £ | |
| Fixed assets | |||
| Investments | 10 | 15,241,672 | 16,133,966 |
| Current assets | |||
| Cash at bank and in hand | 127,461 | 95,032 | |
| Creditors: amounts falling due within | |||
| one year | '11 | (41,688) | (38,303) |
| Net current assets | 85,773 | 56,729 | |
| Total assets less current liabilities | 15,327,445 | 16,190,695 | |
| Income funds | |||
| Unrestricted funds | 15,327,445 | 16,190,695 | |
| 15,327,445 | 16,190,695 |
| Investments | |
|---|---|
| Unrestricted Unrestricted | |
| funds funds | |
| 2023 2022 | |
| e £ | |
| Income from listed investments | 350,203 289,316 |
| Interest receivable | 1,586 _ |
| 351,789 289,316 |
| Raising funds | ||
|---|---|---|
| Unrestricted | Unrestricted | |
| funds | funds | |
| 2023 | 2022 | |
| £ | £ | |
| Investment manaoement | 90,306 | 92,005 |
| 90,306 | 92,005 |
| 2023 2022 | |
|---|---|
| £ | |
| Administration and accountancy fees | 13,666 13,945 |
| Audit fees | 4,440 4,200 |
| 18,106 18,145 | |
| Grant funding of activities (see note 5) | 302,700 275,400 |
| 320,806 293,545 |
| Net gains/(losses) on investments | ||
|---|---|---|
| Unrestricted | Unrestricted | |
| funds | funds | |
| 2023 | 2022 | |
| £ | £ | |
| Revaluation ofinvestments | (447,536) | 624,906 |
| Gain/(loss) on sale ofinvestments | (356,391) | 298,930 |
| (803,927) | 923,836 |
| Listed | Investment | Total | |
|---|---|---|---|
| Investments | cash | ||
| £ | £ | £ | |
| Cost or valuation | |||
| At 6 April 2022 | 15,559,559 | 574,407 | 16,133,966 |
| Additions | 4,564,825 | 4,564,825 | |
| Valuation changes | (447,536) | - | (447,536) |
| Disposals | (4,591,827) | (417,756) | (5,009,583) |
| At 5April 2023 | 15,085,021 | 156,651 | 15,241,672 |
| Carrying amount | |||
| At 05 April 2023 | 15,085,021 | 156,651 | 15,241,672 |
| At 05 April 2022 | 15,559,559 | 574,407 | 16,133,966 |
2023
14
| 2023 | 2022 | |
|---|---|---|
| Grants made to other charities | E | |
| Save the Children - Emergency Appeal - Covid India | 5,000 | |
| Save the Children - Emergency Appeal - Haiti Earthquake | 5,000 | |
| Save the Children -Pakistan Flood Appeal | 3,000 | |
| Save the Children - Turkey & Syria Appeal | 5,000 | |
| Royal College of Surgeons | 7,300 | 3,300 |
| International Medical Corps UK | 7,050 | 3,200 |
| Royal Society of Arts Endowment Fund | 7,050 | 3,200 |
| Royal Institution | 7,050 | 3,200 |
| Shelterbox | 3,200 | |
| Age UK | 4,650 | 2,100 |
| Small Piece Trust (was Arkwright Scholarships) | 4,000 | 1,800 |
| Bowel & Cancer Research | 4,000 | 1,800 |
| Echo International Health Services Ltd | 1,800 | |
| IMPACT | 4,000 | 1,800 |
| Keston Institute | 4,000 | 1,800 |
| Northwick Park Institute of Medical Research | 4,000 | 1,800 |
| Psychiatry Research Trust | 1,800 | |
| Royal Academy of Music | 4,000 | 1,800 |
| Sir Harold Hillier Gardens | 1,800 | |
| SSAFA | 4,000 | 1,800 |
| St. Luke's Hospital for the Clergy | 1,800 | |
| Royal Free Charity (St. Peter's Research Trust) | 4,000 | 1,800 |
| YMCA England | 1,800 | |
| Action for Sick Children | 1,700 | |
| Alternatives to Violence Project | 3,750 | 1,700 |
| Autism Initiative UK | 3,750 | 1,700 |
| Bristol Clifton and West England Zoological Society Ltd | 1,700 | |
| Brain Tumour Charity | 3,750 | 1,700 |
| British Refugee Council | 1,700 | |
| British Liver Trust | 3,750 | 1,700 |
| Care for the Family | 3,750 | 1,700 |
| CLAPA | 3,750 | 1,700 |
| Combat Stress | 3,750 | 1,700 |
| Deptford Action Group for the Elderly | 1,700 | |
| Gurkha Welfare Trust | 3,750 | 1,700 |
| Happy Days | 1,700 | |
| Hearing Dogs for Deaf People (was Hearing Link) | 3,750 | 1,700 |
| Independent Age | 1,700 | |
| Medical Engineering Resource Unit | - | 1,700 |
| Mission Aviation Fellowship | 3,750 | 1,700 |
| 110,600 | 80,500 |
| ENDIX 1 THE YEAR ENDED 5 APRIL 2023 |
||
|---|---|---|
| 2023 | 2022 | |
| Grants made to other charities | E | E |
| Balance brought forward | 110,600 | 80,500 |
| Open Doors | 3,750 | 1,700 |
| PDSA | 3,750 | 1,700 |
| React | - | 1,700 |
| Shelter | 3,750 | 1,700 |
| TB Alert | 3,760 | 1,700 |
| University College London Charitable Foundation | 1,700 | |
| Zoological Society London | 3,750 | 1,700 |
| Designability (was Bath Institute of Medical Engineering) | 3,500 | 1,600 |
| Hereford Cathedral Perpetual Trust (EP) | 3,500 | 1,600 |
| Hospice UK (was Help the Hospices) | 3,500 | 1,600 |
| Opera North (EP) | 3,500 | 1,600 |
| The Courtyard, Hereford (EP) | 3,500 | 1,600 |
| Water Aid | 3,500 | 1,600 |
| Alzheimer's Society (was Alzheimer's Disease Society) | 3,300 | 1,500 |
| Alzheimer's Research Trust | 3,300 | 1,500 |
| DePaul UK (was Alone in London) | 1,500 | |
| Centrepoint | 3,300 | 1,500 |
| Clergy Support Trust (was Sons and Friends of the Clergy) | 3,300 | 1,500 |
| Carers Trust | 3,300 | 1,500 |
| DeafBlind UK | 3,300 | 1,500 |
| Livability | 3,300 | 1,500 |
| Mental Health Foundation | 1,500 | |
| Samaritans | 3,300 | 1,500 |
| TWJ Foundation | 1,500 | |
| Wellbeing of Women | 3,300 | 1,500 |
| WellChild | 3,300 | 1,500 |
| St. Mungo's Association | 3,300 | 1,500 |
| Family Holiday Association | 1,500 | |
| Revitalise Respite Holidays (was Vitalise) | 1,500 | |
| A Rocha International | 1,400 | |
| Barnabus Fund | 3,100 | 1,400 |
| Cardiac Risk in the Young | 3,100 | 1,400 |
| Tools for Self Reliance | 1,400 | |
| Bradley PCC | 1,400 | |
| Brain Research Trust | 3,100 | 1,400 |
| British Lung Foundation | 1,400 | |
| Castle Howard Arboretum Trust | 1,400 | |
| Catch 22 | 1,400 | |
| Central & Cecil Housing Trust | - | 1,400 |
| Christian Aid | 3,100 | 1,400 |
| Re- Engage (was Contact the Elderly) | 3,100 | 1,400 |
| Dick Bridgeman TRA Foundation | 1,400 | |
| Family Action | 1,400 | |
| Fight for Peace (UK) | - | 1,400 |
| Fight for Sight | - | 1,400 |
| Fittleworth PCC | - | 1,400 |
| Hope and Homes for Children | - | 1,400 |
| Royal College of Anaesthetists | 3,100 | 1,400 |
| St Christopher's Hospice | - | 1,400 |
| 205,250 | 154,000 |
| ENDiX I THE YEAR ENDED 5 APRル2023 |
||
|---|---|---|
| 2023 | 2022 | |
| Grants made to other charities | E | E |
| Balance brought forward | 205,250 | 154,000 |
| Farleigh PCC (was St. Martins Ellisfield ) | 1,400 | |
| Stopham PCC | 1,400 | |
| Young Women'sTrust | 1,400 | |
| CHICKS | 1,400 | |
| Contact a Family | 1,400 | |
| DEBRA | 1,400 | |
| Field Lane Foundation | - | 1,400 |
| Friends of Leeds international Pianoforte Competition | 3,100 | 1,400 |
| Gastroenteralogy and Nutrition Research Trust | 3,100 | 1,400 |
| Blood Cancer UK (was Bloodwise) | 3,100 | 1,400 |
| Macmillan Cancer Support | 3,100 | 1,400 |
| Bipolar UK (was The Bipolar Organisation) | 1,400 | |
| Missionaries of Africa | 1,400 | |
| Parham PCC | 1,400 | |
| Physically Handicapped & Able Bodied | - | 1,400 |
| Prostate Cancer Research Centre | 3,100 | 1,400 |
| Raleigh International | 1,400 | |
| Royal Botanical Garden Kew | 3,100 | 1,400 |
| Shipley PCC | 1,400 | |
| South Downs Planetarium Trust | 1,400 | |
| Kidney Fund (was South West Thames Kidney Fund) | 1,400 | |
| St. Wilfrids Hospice | 1,400 | |
| THET | - | 1,400 |
| Bibles for Children | 2,650 | 1,200 |
| E3reastcancer Now (was Brcakthrough Breast Cancer) | 1,200 | |
| British Geriatrics Society | 1,200 | |
| English Symphony Orchestra (EP) | - | 1,200 |
| NSPCC (Childline) | 2,650 | 1,200 |
| Church Army | 1,200 | |
| Child Health Research Chartable Incorp Org | - | 1,200 |
| Disabled Living Foundation | 1,200 | |
| Hft (Home Farm Trust ) | - | 1,200 |
| INSPIRE Foundation | 2,650 | 1,200 |
| Langley House Trust | - | 1,200 |
| Marie Curie Cancer Care | 2,650 | 1,200 |
| Help Musicians UK (Musicians Benevolent Fund) | 2,650 | 1,200 |
| Pain Relief Foundation | 1,200 | |
| Prisoners Abroad | 1,200 | |
| Prostate Cancer UK | 2,650 | 1,200 |
| Royal School of Church Music | 2,650 | 1,200 |
| Sense | 1,200 | |
| Sequal Trust | 1,200 | |
| Stroke Association | 2,650 | 1,200 |
| 245,050 | 210,200 |
| ENDIX 1 THE YEAR ENDED 5APRIL 2023 |
||
|---|---|---|
| 2023 | 2022 | |
| Grants made to other charities | E | E |
| Balance brought forward | 245,050 | 210,200 |
| Royal Trinity Hospice (was Trinity Hospice) | 2,650 | 1200, |
| Action on Hearing Loss (Deafness Research UK) | 1,000 | |
| Everyone Can (was ADIS Trust) | 1,000 | |
| Anthony Nolan Bone Marrow Trust | 1,000 | |
| Versus Arthritis (was Arthritis Research UK) | 2,200 | 1,000 |
| Back Care | 1,000 | |
| Bible Society | 2,200 | 1,000 |
| Penny Brohn Cancer Care | 1,000 | |
| British Heart Foundation | - | 1,000 |
| British Limbless Ex-Servicemen's Association | 2200, | 1,000 |
| British Red Cross | 2,200 | 1,000 |
| Brittle Bone Society | 2,200 | 1,000 |
| CALIBRE | 1,000 | |
| Canine Partners for Independence | 2,200 | 1,000 |
| Changing Faces | 1,000 | |
| Children's Liver Disease Foundation | 1,000 | |
| Christian Medical Fellowship | 2,200 | 1,000 |
| Crimestoppers | 2,200 | 1,000 |
| Crisis | 1,000 | |
| Cruse Bereavement Care | 1,000 | |
| Cystic Fibrosis Research Trust | 2200, | 1,000 |
| Demand | 1,000 | |
| Disabilities Trust | 1,000 | |
| Fitzroy Support | 1,000 | |
| EMMAUS | 1,000 | |
| Feed the Minds | 1,000 | |
| Fittleworth & District Horticultural Society | 1,000 | |
| Gingerbread | 2,200 | 1,000 |
| Headway the brain injury association | 1,000 | |
| House of St. Barnabas in Soho | 1,000 | |
| Plan UK (Interact Worldwide) | - | 1,000 |
| Kidney Research UK | 2,200 | 1,000 |
| Lifewords (was SGM Lifewords) | 2,200 | 1,000 |
| Liverpool School of Tropical Medicine | 1,000 | |
| Matthew Trust | - | 1,000 |
| Meningitis Research Foundation | 2,200 | 1,000 |
| Migraine Trust | 2,200 | 1,000 |
| Mildmay international | 2,200 | 1,000 |
| Missing People | 1,000 | |
| Missions to Seafarers | - | 1,000 |
| Motor Neurone Disease Association | 2,200 | 1,000 |
| Multiple Sclerosis Society | 2200, | 1,000 |
| Potential Plus UK | 1,000 | |
| National Churches Trust | 2,200 | 1,000 |
| New Bridge | 1,000 | |
| NI Council for Integrated Education | - | 1,000 |
| 287,300 | 256,400 |
| ENDIX I THE YEAR ENDED 5 APRIL 2023 |
||
|---|---|---|
| 2023 | 2022 | |
| Grants made to other charities | E | E |
| Balance brought forward | 287,300 | 256,400 |
| Pestalozzi | - | 1,000 |
| Peter Le Merchant Trust | 1,000 | |
| Possum Trust | - | 1,000 |
| RAF Benevolent Fund | 2,200 | 1,000 |
| RNIB (was TNAUK) | 2,200 | 1,000 |
| Royal British Legion | 2,200 | 1,000 |
| Fishermen's Mission (was Royal National Mission to Deep Sea Fishermen) | 1,000 | |
| RSPB | 2,200 | 1,000 |
| Salmon Youth Centre | 1,000 | |
| Salvation Army | 2,200 | 1,000 |
| Sight Savers | 1,000 | |
| St. John's Hospice | 1,000 | |
| Steyning Museum | 1,000 | |
| Tenovus | 1,000 | |
| The Tree Register | 1,000 | |
| Trussel Trust | 2,200 | |
| Turn2us | - | 1,000 |
| UK Youth | 1,000 | |
| Woodland Trust | 2,200 | 1,000 |
| YMCA Norfolk | - | 1,000 |
| 302,700 | 275,400 |
| I | |||||
|---|---|---|---|---|---|
| G M MORRISON CHARITABLE TRUST | AVERAGE | ||||
| SUMMARY OF GRANTS MADE | Grants | £ | £ | ||
| 1 | MEDICAL & HEALTH | A, Medical Research & Support | 31 | 91,850 | 2,963 |
| B. Disabled (Mental & Physical) | 7 | 20,900 | 2,986 | ||
| C. Professional Bodies (Medical) | 2 | 10,400 | 5,200 | ||
| D. Hospitals/Hospices | 2 | 6,150 | 3,075 | ||
| E. Respite Care | 1 | 3,300 | 3,300 | ||
| SUB-TOTAL | 43 | 132,600 | 3,084- | ||
| 2 | SOCIAL WELFARE | F. Benevolent Associations | 1 | 2,650 | 2,650 |
| G. Residential & Nursing Homes | 1 | 3,300 | 3,300 | ||
| H. Elderly Support | 2 | 7,750_ | 3,875 | ||
| I. Young People (Homes and Support) | 2 | 5,950 | 2,975 | ||
| J. Homeless | 3 | 10,350 | 3,450 | ||
| K. Drugs and Alcohol | - | - | - | ||
| L. Prisoners | - | - | - | ||
| M. Refugees and Immigrants | - | - | - | ||
| .,.N, Counselling and Advice (Social) | 2 | 7,050 | 3,525 | ||
| 0. Crime PreventionNictim Support | 1 | 2,200 | 2,200 | ||
| P. Holidays | - | - | - | ||
| Q. Housing Trusts | - | - | |||
| R, Families | 2 | 5,950 | 2,975 | ||
| CC. Welfare General | 7 | 18,750 | 2,679 | ||
| SUB-TOTAL | 21 | 63,950 | 3,045 | ||
| 3 | EDUCATION & TRAININ S. Universities, Colleges & Adult Educatio | 1 | 4,000 | 4,000 | |
| T. Schools | - | - | |||
| U. Music and Arts | 6 | 23,800 | 3,967 | ||
| V. Spiritual and Religious Education | 5 | 14,100 | 2,820 | ||
| SUB-TOTAL | 12 | 41,900 | 3,492 | ||
| 4 | OTHERS | W. Overseas Aid/UK Aid | 7 | 29,400 | 4,200 |
| X. Churches | 4 | 12,800 | 3,200 | ||
| Y. Conservation, Nature | 5 | 15,000 | 3,000 | ||
| Z. Research General (less Medical) | 1 | 7,050 | 7,050 | ||
| AA. Sports and Recreation | - | - | |||
| SUB-TOTAL | 17 | 64,250 | 3,779 | ||
| GRAND TOTAL | 93 | 302,700 | 3,255 |
| 68,900 | Artemis UK Select Fund G Dist | 445,204 |
|---|---|---|
| 445,900 | T.Balley Fund Services Ltd Evenlode Global Inc F £ Dist | 654,002 |
| 423,169 | T.Bailey Fund Services Ltd Evenlode Inc C Dist | 1,079,334 |
| 550,000 | Baillie Gifford & Co - Res Global Equity Inc B Dist | 845,350 |
| 232,450 | Bailie Gifford UK Growth Fund plc 25p Ord | 374,245 |
| 7,100 | CG Portfolio Fund PLC Absolute Return Class M £ | 958,642 |
| 4,600 | CG Portfolio Fund PLC Dollar Hedged E Dist | 444,268 |
| 243,500 | City of London Investment Trust plc 25p Ord | 1,004,438 |
| 532,047 | Charities Property Fund | 665,484 |
| 248,900 | Cordiant Digital Infrastructure Ord NPV | 206,587 |
| 14,000 | Fidelity Investment Services (UK) Ltd European W Inc | 357,840 |
| 3,200 | Findlay Park Funds Plc America US $ | 420,067 |
| 34,600 | First State Inv (HK) Asian Equity Plus III US $ Inc | 486,313 |
| 175,000 | First State Inv (UK) Stewart Inv Asia Pacific Leaders B | 523,128 |
| 310,000 | Greencoat Renewables Euro 0.01 | 298,801 |
| 2,750 | Invesco Physical Market Secured Gold Lkd Nts | 430,242 |
| 133,500 | iShares Core FTSE100 UCITS ETF GBP Dis | 1,001,784 |
| 104,000 | JP Morgan Asset Man UK Ltd US Equity Inc C | 442,520 |
| 278,000 | Jupiter Japan Income Fund U2 E | 296,126 |
| 46,940 | Morgan Stanley Inv Man Global Brands Equity Income F E | 611,405 |
| 225,733 | Pantheon Infrastructure Plc 1p Ord | 191,422 |
| 125,000 | Premier Portfolio Managers Miton US Opportunities B Acc | 432,250 |
| 15,700 | Rit Cap Partners £1 Ord | 292,962 |
| 272,500 | Link Fund Solutions Ltd If Ruffer total | 1,024,001 |
| 9,450 | SSGA ETFS Europe PLC SPDR S&P UV Div Aristocrats UCITE | 514,358 |
| 420,000 | United Kingdon (Govt of) 0,375% Bonds 22/10/26 £1,000 | 377,790 |
| 160,000 | United Kingdon (Govt of) 0.125% Bonds 31/1/2024 £1,000 | 155,314 |
| 6,050 | Vanguard Inv Series plc US Govt Bond Index E Dist | 551,144 |
| Cash | 156,651 | |
| 15,241,672 |