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||Nolct||2023||||||
|---|---|---|---|---|---|---|---|---|
|lllcotlEAtrlDEt{DOWNfdE!,tTS||Gapital<br>€|lncome<br>I||Total<br>e|Capilal<br>t|lncome<br>t|E<br>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<br>Unrealised|I<br>I|(35,181)<br>(80,404)|||{35,18r)<br>(a0,4eal|'107,4s3<br>12,609||107,493<br>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|
|||€---@@|||||||








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|||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<br>Disposals al opening bookvalue<br>Acquisitions al cost<br>D€creaseincash balance<br>Changein value durlng theyear||||2,546,5't8<br>(497,383)<br>541,025<br>(er,7el)<br>(80.4s4)|||
|Market valueat6lh April2023||||2,418,475|||
|Theinveslmenlsareheld:||||c|||
|UK Quoted Securlties<br>NonUK Quoted Securities||||2,336,544|||
|Cashheld by Brokers||||81,931|||
|||||2,418,475|||
|HlstoricalCost:<br>AtSlhAprll2023<br>At sth Aprll2022||||c<br>2,618,506<br>2,521,348|||



|TOTALEXPENOITURE||||||
|---|---|---|---|---|---|
|||Olhcr|Grunt|Total|Total|
|Costeofgenenfingfundg||coslg<br>€|fundlng<br>e|2023<br>f|2022<br>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|





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|IT{VESTTTIENTIIANAGEMENTcosTs|||
|---|---|---|
|Other costs of generallng tundscomprisB;|202?<br>t|2022<br>e|
|Accountancy andtaxatonfees<br>Legal and prof€ssional fees<br>lnvoslm€nt managemsnt fees|9,46t1<br>7,2G8<br>14,B6rt|6,455<br>4,831<br>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<br>Trustee sxpenses<br>Bank charges and intorest|3,155<br>161<br>245|1,804<br>1|
|lndependent Eraminers' fees|2,015|1,080|
||5,576|2,946|



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|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<br>Patricia BeechamCharitableTrusl|r,503<br>15,000|1,800<br>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<br>Profit(loss) onForeign Exchange|498<br>(80Ie4)|'t2,609<br>309|
||(79.996)|12,91s|



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|I|ODEBTORS|||
|---|---|---|---|
|||202t<br>t|2V22<br>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<br>Sus&Leu,Hamm€rsonChailtable Trusl<br>Accruals<br>Grants Payable|30,101<br>83t<br>5,t70|m,lgl<br>031<br>3,282|
|||42,e01|40,304|



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



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



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