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2023-04-05-accounts

Nolct 2023
lllcotlEAtrlDEt{DOWNfdE!,tTS Gapital
lncome
I
Total
e
Capilal
t
lncome
t
E
Total
Inveilmenllncomo:
Dividends/lntaest R€csivsd (Gross) 2 30.897 30,897 27,826. 27,826
Bank lnlerest Recelved (Net) 2,013 2,O13 "
lnc0me Tax Reoovsrable 4 271 27',!
Tax Rspayment Supplemenl
TOTAL INCOME 32,S14 32,914 28,09728,057
EXPENDITURE
Coltsof gsneratln0 funda
lnvgslmenl managsm6nl costs 4 (31,503) (31,503)(27,135) (27,1 35)
Charllableacllvlllee
Heallh caro and rellglous causes 3 (22,079) (22,O',tsl (29,745)(2s,745)
TOTAL EXPENDITURE (3r,5s3) 122,07s1 (53,0721(27,1351 (29,74s)(56,880)
NErTNCOME(EXPENDTTURE) BEFORE
cArl'rst(rossEs)oN NVESTMENTS (31,5e3)10,835 (20,758)(27j351 (1,648)(28,783)
Galns(losses)on lnveslments
Reallsed
Unrealised
I
I
(35,181)
(80,404)
{35,18r)
(a0,4eal
'107,4s3
12,609
107,493
12,609
Galns(losses)on Foreign Exchange
Unreallsed I 498 498 309 309
(115.r77) {fis,l77) 12A.412 120,412
NETTTOVEMENTIN FUNDS (146,77o) 10,835 (13r,93s) 93.278 (1,648) 91,629
fBALAIICEBROUGHT FORWARD ATOthAPRIL 2022 2.513,829 9t,737 2,611,500 2,420,552 99,385 2,519,937
EALANCE CARRIED FORWARD AT5IhAPRIL 2023 2,367,059 108,572 2,415,031 2,519,925 97,737 2,611,588
€---@@

Market Value liarketValue
Holdlng '[4,4.2022 at 5.1.2023 lncome
I e
Hammerronplc
25pOrdinaryshares 9,351 3,088 2,391 34
SGHrmbros Portfollo 2,543,430 2,410,094 30,863
TOTAL 2,546,5182A18A75 30,897
f
Market valueat6thApril 2022
Disposals al opening bookvalue
Acquisitions al cost
D€creaseincash balance
Changein value durlng theyear
2,546,5't8
(497,383)
541,025
(er,7el)
(80.4s4)
Market valueat6lh April2023 2,418,475
Theinveslmenlsareheld: c
UK Quoted Securlties
NonUK Quoted Securities
2,336,544
Cashheld by Brokers 81,931
2,418,475
HlstoricalCost:
AtSlhAprll2023
At sth Aprll2022
c
2,618,506
2,521,348
TOTALEXPENOITURE
Olhcr Grunt Total Total
Costeofgenenfingfundg coslg
fundlng
e
2023
f
2022
e
lnvestmentmanagemenleosls 3r,5e3 31,503 27,135
Charltable acllvltics
Hs.$llhcqrsand rcllqlouscsugog
Grant fundingof acllvilles 5,575 {0,503 22,org 25,745
::::: 37.10e !0,503 5t,al2 50,800

IT{VESTTTIENTIIANAGEMENTcosTs
Other costs of generallng tundscomprisB; 202?
t
2022
e
Accountancy andtaxatonfees
Legal and prof€ssional fees
lnvoslm€nt managemsnt fees
9,46t1
7,2G8
14,B6rt
6,455
4,831
15,848
31.503 27,135
ACTIVITIES UNDERTAKEN DIRECTLY
2023 2422
Othsr cosls relatlng to health cere and religlous causes comprise:
Accountancy and taxation fees
Trustee sxpenses
Bank charges and intorest
3,155
161
245
1,804
1
lndependent Eraminers' fees 2,015 1,080
5,576 2,946

GRANTSPAYABLE
2023 2022
t e
Granls were made to the followlng instltulions relating to hsalth care and religious causes:
AJ & SD Bernstein Charitable Trust 10,000
Sue & Lew Hammerson Charitable Trust
Patricia BeechamCharitableTrusl
r,503
15,000
1,800
15,000
16,503 26,000
GOVERNANCECOSTS
202t 2022
I f
Olhergovemancgoosts compdse:
lndependont Examiners,fess 2,016 1.080
REALTSEDPROFTT(LOSS
2023 2022
t
ProfiU(loss)onDisposal of Listed lnvestments (35,t8r1 107,493
(35,1E1) '107,493
UNREALTSEDPROFTT(LOSSI
2023 2422
t E
PofiU(Loss) onRevaluationoflnvestments
Profit(loss) onForeign Exchange
498
(80Ie4)
't2,609
309
(79.996) 12,91s

I ODEBTORS
202t
t
2V22
e
Taxrecorrerable 2,670 2,606
2,alo 2,ffie
II CASHATBAilK
202t 2022
C e
SG Hambros e7,307 102,0m
97,387 102,086
I2 CREDITORS
2023 2022
C e
SusHemmerson TruslG
Sus&Leu,Hamm€rsonChailtable Trusl
Accruals
Grants Payable
30,101
83t
5,t70
m,lgl
031
3,282
42,e01 40,304


ANALYSISOFI{ETASSETSBEIWEENFUIIDS
Fund balancss atEAprll202A are rcpresentedby: Crpltal
t
lnconc
e
Total
e
lnveslmenls
Ihbtors
Greditors
Cashal Bank
2,418,475
2,470
(31,804)
(22,222)
(11,037)
119,609
2,419,475
2,670
(42,e01)
s7,387
2,307,059 109,572
:
2,476,A31
CAPITALACCOUNT 2,307,050 108,672
f 2023 C c 20a2
Ealancebroughtfomardat6th Aprll2022 2,513,92e 2,42A,662
Lse:
ProflU(loss)on ealeoflnvsatmenls
PoflU(loss)onForeignExchange
(35,rE{l
rt98
107193
300
Net movomgnl inmarketvalueg
Expenaes (Note4)
(80,494
(3r,5031
12,605
(27,1551
(r40,7701 93,270
Balance canledforward al bthAprll 2023 2,307,059 2,515,829

tElt{COfErC@UtrtT
2U2t 2022
e
Balanmbru4hltoruardel0hAprfl 2022 s7;tt7 m,386
Natlncqnsbrfieyer lo,tiF (1,048)
Belilcocarledbmardat 6llr,erI202S ,100,572 e7,7gf