**Charity number: 264114** 

## **THE HAROLD HYAM WINGATE FOUNDATION** 

## **UNAUDITED** 

**TRUSTEES' REPORT AND FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED 5 APRIL 2022** 



## **THE HAROLD HYAM WINGATE FOUNDATION** 

## **CONTENTS** 

||Page|
|---|---|
|**Reference and administrative details of the charity, its Trustees and advisers**|1|
|**Trustees' report**|2 - 5|
|**Independent examiner's report**|6 - 7|
|**Statement of financial activities**|8|
|**Balance sheet**|9|
|**Notes to the financial statements**|10 - 16|
|**Donations made**|17 - 18|





**THE HAROLD HYAM WINGATE FOUNDATION** 

## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2022** 

|**Trustees**|R C Wingate|
|---|---|
||R H Cassen|
||J Drori|
||R Wingate|
||E Kasriel|
||D Hyman|
||B Arnold|
||M Morris|
|**Charity registered**<br>**number**<br>264114<br>**Principal office**<br>Somerset House<br>Strand<br>London<br>WC2R 1LA<br>**Accountants**<br>Nyman Libson Paul LLP<br>Chartered Accountants<br>124 Finchley Road<br>London<br>NW3 5JS<br>**Bankers**<br>CAF Bank Ltd<br>25 Kings Hill Avenue<br>Kings Hill<br>West Malling<br>Kent<br>ME19 4JQ<br>**Investment Advisors**<br>Ruffer LLP<br>80 Victoria Street<br>London<br>SW1E 5JL<br>**Website**<br>www.wingate.org.uk||



Page 1 



**THE HAROLD HYAM WINGATE FOUNDATION** 

## **TRUSTEES' REPORT FOR THE YEAR ENDED 5 APRIL 2022** 

The Trustees present their annual report together with the financial statements of the The Harold Hyam Wingate Foundation for the  ended 5 April 2022. The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **Objectives and activities** 

## **a. Policies and objectives** 

The principal objective of the Foundation is the general advancement of charitable purposes, as the Trustees, in their absolute discretion, think fit. 

Specifically, the objectives are to support activity which creates a significant impact on individuals and communities in the following areas: Jewish Life and Learning, Performing Arts, Music and Social Exclusion. 

Each year the Trustees review the aims and activities to ensure that they continue to reflect their objectives. In carrying out this review the Trustees have considered the Charity Commission's guidance on public benefit. 

## **b. Strategies for achieving objectives** 

There have been no significant changes in the activities of the Foundation during the year. As previously reported the Foundation has discontinued the Scholarship Scheme and is no longer awarding scholarships. 

The Foundation's activities during the period continue as grants awarded by the Trustees to bodies with appropriate charitable objectives. 

The Trustees do not normally consider donations to the general funds of large charitable bodies or to projects which ought, in their opinion, to be able to attract sponsorship from commercial sources. The principal categories under which donations are made to charitable bodies are Jewish Life and Learning, the Performing Arts, Music, Social Exclusion and Medical Research including travel grants. The criteria applied by the Trustees are summarised on the Foundation's website  www.wingate.org.uk. The Trustees meet quarterly to discuss and implement policy and to consider a short list of written applications from charitable bodies and to award grants to those that are selected. 

Grants are funded by transfers from the Foundation's investments, which are managed by independent advisers. 

The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Foundation's aims and objectives and in planning future activities and setting the policy for making grants during the year. 

Page 2 



**THE HAROLD HYAM WINGATE FOUNDATION** 

## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2022** 

## **Achievements and performance** 

## **a. Review of activities** 

During the year, income of £50,055 (2021: £44,881) was earned from investments held by the Foundation and charitable donations and grants of £375,809 (2021: £428,503) were made. Charitable donations and grants to the areas supported by the Foundation were allocated as follows: 

2022            2021 Jewish life and learning                                        20%             27% Music                                                                   26%             21% Education and Social Exclusion                           10%                6% Performing Arts                                                    37%             38% Medical research including travel grants                1%               1% Development projects                                            1%               2% Literary prizes                                                        5%               5% 

A list of donations made during the year ended 5 April 2022 is shown on pages 17 and 18. 

The Foundation's primary assets comprise the holding of listed investments to the value of £6,106,950 (2021: £5,839,899) together with funds held with UK banks. Although the Covid-19 pandemic impacted on the value of global markets, with the Foundation's investment portfolio valuation, it has since recovered in value. The Trustees are of the opinion that the financial position of the Foundation at the balance sheet date and at the date of signing this report, is suffcient to meet both current and contemplated commitments. 

## **b. Investment policy and performance** 

The Trustees investment powers are governed by the Declaration of Trust and investments are made in a wide range of securities and bonds. The investment advisors manage the investment portfolios on a discretionary basis and advise the Trustees retrospectively. 

The Board's investment policy is to aim for safety commensurate with immediate and planned spending requirements. Further details of changes in fixed asset investments are shown in note 6 to the financial statements. 

The performance of investments is monitored in regular meetings against pre-determined benchmarks including the WM Charitable Universe - Unconstrained Index. In general terms, worldwide investment markets recovered from their worst levels and the Foundation's investment portfolio value increased over the financial period. 

## **Financial review** 

## **a. Reserves policy** 

It is the present intention of the Trustees to maintain sufficient total funds in order to safeguard the Foundation's ability to make sizeable donations which might exceed the annual income of the Foundation thereby securing its ability to support beneficiaries in the future. 

Page 3 



**THE HAROLD HYAM WINGATE FOUNDATION** 

## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2022** 

## **Structure, governance and management** 

## **a. Constitution** 

The Harold Hyam Wingate Foundation ("the Foundation") is a registered charity, number 264114 and is governed by its Trust Deed of 24 March 1960 and supplemental deeds dated 21 August 1962, 22 April 1971, 13 April 1977, 29 May 1997, 23 March 2000, 12 October 2000, 3 October 2001, 27 June 2002, 18 December 2008 and 7 July 2009. These deeds set the Foundation as an unincorporated association. 

## **b. Methods of appointment or election of Trustees** 

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. Trustees are recruited as vacancies arise on the basis of their expertise in the activities in which the Foundation awards grants. 

## **c. Policies adopted for the induction and training of Trustees** 

Training for new Trustees is provided, where necessary, by the existing Trustees. 

## **d. Organisational structure and decision making** 

The Foundation is administered by the Board of Trustees, a body whose membership is determined by the Trust Deed. The Trustees meet quarterly to contribute to the delivery of the Foundation's objectives and activities. Day to day management of the Foundation's objectives, including the administration related to the award of grants, is delegated to an Administrator who reports to the Board of Trustees. 

## **e. Risk management** 

The Board of Trustees is responsible for the management of risks faced by the Foundation. The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate their exposure to the major risks. 

## **f. Independent Examiner** 

In accordance with the Charities Act 2011, Nyman Libson Paul LLP have expressed their willingness to continue as independent examiners and a resolution for their re-appointment will be proposed at the next Trustees' meeting. 

## **Plans for future periods** 

The Foundation had pledged to make charitable donations totalling £224,230 (2021: £170,375) within one year of the balance sheet date and £55,500 (2021: £38,100) after one year. 

Note 11 to the financial statements sets out an analysis of the assets attributable to the funds. The assets are sufficient to meet the Foundation's obligations on a fund by fund basis. 

Page 4 



**THE HAROLD HYAM WINGATE FOUNDATION** 

## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2022** 

## **Statement of Trustees' responsibilities** 

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial  which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles of the Charities SORP (FRS 102); 

- make judgments and accounting estimates that are reasonable and prudent; 

- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

Approved by order of the members of the board of Trustees on 28 September 2022 and signed on their behalf by: 

**J Drori** (Chair of Trustees) 

**R C Wingate** (Trustee) 

Page 5 



**THE HAROLD HYAM WINGATE FOUNDATION** 

## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2022** 

## **Independent examiner's report to the Trustees of The Harold Hyam Wingate Foundation ('the charity')** 

I report to the charity Trustees on my examination of the accounts of the charity for the year ended 5 April 2022. 

## **Responsibilities and basis of report** 

As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). 

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. 

## **Independent examiner's statement** 

Your attention is drawn to the fact that the charity has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. 

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Page 6 



**THE HAROLD HYAM WINGATE FOUNDATION** 

## **INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2022** 

This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report. 

Signed: Paul Taiano 

Dated: 24 October 2022 

Paul Taiano FCA 

Nyman Libson Paul LLP Chartered Accountants 124 Finchley Road London NW3 5JS 

Page 7 



**THE HAROLD HYAM WINGATE FOUNDATION** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2022** 

|Note<br>**Income from:**<br>Investments<br>2<br>**Total income**<br>**Expenditure on:**<br>Raising funds<br>Charitable activities<br>**Total expenditure**<br>**Net expenditure before net (losses)/gains on**<br>**investments**<br>Net (losses)/gains on investments<br>**Net movement in funds before other recognised**<br>**gains**<br>**Other recognised gains:**<br>Gains on revaluation of fixed asset investments<br>**Net movement in funds**<br>**Reconciliation of funds:**<br>Total funds brought forward<br>Net movement in funds<br>**Total funds carried forward**|Unrestricted<br>funds<br>2022<br>£<br>50,055<br>50,055<br>65,175<br>405,831<br>471,006<br>(420,951)<br>(106,183)<br>(527,134)<br>318,343<br>(208,791)<br>6,326,139<br>(208,791)<br>6,117,348|Total<br>funds<br>2022<br>£<br>50,055<br>50,055<br>65,175<br>405,831<br>471,006<br>(420,951)<br>(106,183)<br>(527,134)<br>318,343<br>(208,791)<br>6,326,139<br>(208,791)<br>6,117,348|Total<br>funds<br>2021<br>£<br>44,881<br>44,881<br>59,283<br>460,304<br>519,587<br>(474,706)<br>381,656<br>(93,050)<br>905,791<br>812,741<br>5,513,398<br>812,741<br>6,326,139|
|---|---|---|---|



The Statement of financial activities includes all gains and losses recognised in the year. 

The notes on pages 10 to 16 form part of these financial statements. 

Page 8 



**THE HAROLD HYAM WINGATE FOUNDATION** 

## **BALANCE SHEET AS AT 5 APRIL 2022** 

|Note<br>**Fixed assets**<br>Investments<br>6<br>**Current assets**<br>Debtors<br>7<br>Investments<br>8<br>Cash at bank and in hand<br>Creditors: amounts falling due within one<br>year<br>9<br>**Net current assets**<br>**Total net assets**<br>**Charity funds**<br>Unrestricted funds<br>10<br>**Total funds**|2022<br>£<br>16,782<br>11,053<br>6,876<br>34,711<br>(24,313)|2022<br>£<br>6,106,950<br>6,106,950<br>10,398<br>6,117,348<br>6,117,348<br>6,117,348|2021<br>£<br>12,672<br>456,563<br>25,488<br>494,723<br>(8,483)|2021<br>£<br>5,839,899|
|---|---|---|---|---|
|||||5,839,899<br>486,240|
||||||
|||||6,326,139|
|||||6,326,139|
||||||
|||||6,326,139|



The financial statements were approved and authorised for issue by the Trustees on 28 September 2022 and signed on their behalf by: 

**J Drori** (Chair of Trustees) 

**R C Wingate** (Trustee) 

The notes on pages 10 to 16 form part of these financial statements. 

Page 9 



**THE HAROLD HYAM WINGATE FOUNDATION** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022** 

## **1. ACCOUNTING POLICIES** 

## **1.1 Basis of preparation of financial statements** 

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. 

The Foundation has applied all amendments to FRS 102, as set out in the Financial Reporting Council's triennal review published in December 2017, and included in Update Bulletin 2 to the Charities SORP (FRS 102), as required for mandatory adoption for accounting periods beginning on or after 1 January 2019. 

The Harold Hyam Wingate Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 

## **1.2 Fund accounting** 

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. 

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. 

## **1.3 Income** 

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

## **1.4 Expenditure** 

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. 

Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. 

Charitable activities and Governance costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities. 

Page 10 



**THE HAROLD HYAM WINGATE FOUNDATION** 

**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022** 

## **1. ACCOUNTING POLICIES (CONTINUED)** 

## **1.5 Investments** 

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the balance sheet date, unless fair value cannot be measured reliabily in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are shown in the statement of financial activities. 

## **1.6 Interest receivable** 

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. 

## **1.7 Debtors** 

Debtors are recognised at the settlement amount after any discount offered. Prepayments are valued at the amount prepaid net of any discounts due. 

## **1.8 Cash at bank and in hand** 

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 

## **1.9 Liabilities and provisions** 

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable than a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges. 

## **1.10 Financial instruments** 

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. 

## **1.11 Taxation** 

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and is therefore potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Taxes Act 2010 or Section 256 of the Taxtion of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. 

Page 11 



**THE HAROLD HYAM WINGATE FOUNDATION** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022** 

## **2. INVESTMENT INCOME** 

|Income from listed investments<br>Interest receivable<br>Income from listed investments<br>Interest receivable|Unrestricted<br>funds<br>2022<br>£<br>49,168<br>887<br>50,055<br>Unrestricted<br>funds<br>2021<br>£<br>32,414<br>12,467<br>44,881|Total<br>funds<br>2022<br>£<br>49,168<br>887|
|---|---|---|
|||50,055|
|||Total<br>funds<br>2021<br>£<br>32,414<br>12,467|
|||44,881|



## **3. ANALYSIS OF EXPENDITURE BY ACTIVITIES** 

|Total direct costs<br>Total direct costs|Activities<br>undertaken<br>directly<br>2022<br>£<br>388,786<br>Activities<br>undertaken<br>directly<br>2021<br>£<br>441,982|Support<br>costs<br>2022<br>£<br>17,045<br>Support<br>costs<br>2021<br>£<br>18,322|Total<br>funds<br>2022<br>£<br>405,831|
|---|---|---|---|
||||Total<br>funds<br>2021<br>£<br>460,304|



Page 12 



**THE HAROLD HYAM WINGATE FOUNDATION** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022** 

## **3. ANALYSIS OF EXPENDITURE BY ACTIVITIES (CONTINUED)** 

## **ANALYSIS OF DIRECT COSTS** 

|Contractors fees<br>Office expenditure<br>Grants awarded<br>Contractors fees<br>Office expenditure<br>Grants awarded<br>**INDEPENDENT EXAMINER'S REMUNERATION**<br>Fees payable to the charity's independent examiner for the independent<br>examination of the charity's annual accounts|Activities<br>2022<br>£<br>11,797<br>1,180<br>375,809<br>388,786<br>Activities<br>2021<br>£<br>12,060<br>1,419<br>428,503<br>441,982<br>2022<br>£<br>8,040|Total<br>funds<br>2022<br>£<br>11,797<br>1,180<br>375,809|
|---|---|---|
|||388,786|
|||Total<br>funds<br>2021<br>£<br>12,060<br>1,419<br>428,503|
|||441,982|
|||2021<br>£<br>8,040|



## **4. INDEPENDENT EXAMINER'S REMUNERATION** 

## **5. TRUSTEES' REMUNERATION AND EXPENSES** 

During the year, no Trustees received any remuneration or other benefits (2021 - £NIL). 

During the year ended 5 April 2022, no Trustee expenses have been incurred (2021 - £NIL). 

Page 13 



## **THE HAROLD HYAM WINGATE FOUNDATION** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022** 

## **6. FIXED ASSET INVESTMENTS** 

|**Cost or valuation**<br>At 6 April 2021<br>Additions<br>Disposals<br>Revaluations<br>Foreign exchange movement<br>AT 5 APRIL 2022<br>**Net book value**<br>AT 5 APRIL 2022<br>At 5 April 2021|Listed<br>investments<br>£<br>5,839,899<br>2,041,552<br>(2,147,735)<br>365,259<br>7,975|
|---|---|
||6,106,950|
||6,106,950|
||5,839,899|



The market value of fixed asset investments comprises UK investments of £4,707,145 (2021: £4,109,633) and the Rest of the World investments of £1,399,805 (2021: £1,730,266). 

The listed investments are carried at market value. 

## **7. DEBTORS** 

|**Due within one year**<br>Other debtors<br>Prepayments and accrued income<br>**8.**<br>**CURRENT ASSET INVESTMENTS**<br>Cash held with investments|2022<br>£<br>3,310<br>13,472<br>16,782<br>2022<br>£<br>11,053|2021<br>£<br>-<br>12,672<br>12,672<br>2021<br>£<br>456,563|
|---|---|---|



Page 14 



**THE HAROLD HYAM WINGATE FOUNDATION** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022** 

## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|Other creditors<br>Accruals<br>**10.**<br>**STATEMENT OF FUNDS**<br>**STATEMENT OF FUNDS - CURRENT YEAR**<br>Balance at 6<br>April 2021<br>£<br>**Unrestricted funds**<br>General Funds - all funds<br>6,326,139<br>**STATEMENT OF FUNDS - PRIOR YEAR**<br>Balance at<br>1 April 2020<br>£<br>**Unrestricted funds**<br>General Funds - all funds<br>5,513,398|Income<br>£<br>50,055<br>Income<br>£<br>44,881|Expenditure<br>£<br>(471,006)<br>Expenditure<br>£<br>(519,587)|2022<br>£<br>-<br>24,313<br>24,313<br>Gains/<br>(Losses)<br>£<br>212,160<br>Gains/<br>(Losses)<br>£<br>1,287,447|2021<br>£<br>443<br>8,040|
|---|---|---|---|---|
||||||
|||||8,483|
|||||Balance at 5<br>April 2022<br>£<br>6,117,348|
|||||Balance at<br>5 April 2021<br>£<br>6,326,139|



Page 15 



**THE HAROLD HYAM WINGATE FOUNDATION** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022** 

## **11. ANALYSIS OF NET ASSETS BETWEEN FUNDS** 

## **ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR** 

|Fixed asset investments<br>Current assets<br>Creditors due within one year<br>**Total**|Unrestricted<br>funds<br>2022<br>£<br>6,106,950<br>34,711<br>(24,313)<br>6,117,348|Total<br>funds<br>2022<br>£<br>6,106,950<br>34,711<br>(24,313)<br>6,117,348|
|---|---|---|



## **ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR** 

|Fixed asset investments<br>Current assets<br>Creditors due within one year<br>**Total**|Unrestricted<br>funds<br>2021<br>£<br>5,839,899<br>494,723<br>(8,483)<br>6,326,139|Total<br>funds<br>2021<br>£<br>5,839,899<br>494,723<br>(8,483)<br>6,326,139|
|---|---|---|



Page 16 



## **THE HAROLD HYAM WINGATE FOUNDATION** 

## **DONATIONS MADE FOR THE YEAR ENDED 5 APRIL 2022** 

||£|
|---|---|
|Alternative Theatre Company Ltd|5,000|
|A New Way|5,000|
|Academy of Ancient Music|5,000|
|Alison Maclean|1,000|
|Anna Littlejohn|1,000|
|Arvon|5,000|
|Awards for Young Musicians|5,000|
|Bristol Old Vic and Theatre Royal Trust|5,000|
|Brundibar Arts Festival|6,500|
|Buxton International Festival|3,000|
|Changing Tunes|4,000|
|Contemporary Dance Trust|3,500|
|County Antrim and Derry Fiddlers Ass|1,055|
|Drake Music|6,000|
|Drama Expressions for Children|2,500|
|Edinburgh/Wellcome|1,000|
|English Touring Opera|5,000|
|Face Front Inclusive Theatre|8,000|
|Finchley Reform Synagogue|1,500|
|Gabriell Roar|5,000|
|Half Moon|5,000|
|Hampstead Theatre|5,000|
|High Tide Festival Theatre|5,000|
|Hofesh Shechter Company Ltd|10,000|
|Hoopers Africa Trust|3,000|
|IMS Prussia Cove|5,000|
|Institute for Jewish Policy Research|5,000|
|Jasmin Vardinon Educational Co. Ltd|10,000|
|Jermyn Street Theatre|5,000|
|JW3|3,000|
|Konstantina Petkou - Uni of Birmingham|1,000|
|Limmud|3,000|
|London Symphony Orchestra|3,000|
|Mountview Academy of Theatre Arts|5,000|
|Music for Youth|4,000|
|National Theatre|10,000|
|National Youth Jazz Collective|5,000|
|National Youth Jazz Orchestra|6,000|



172,055 



## **THE HAROLD HYAM WINGATE FOUNDATION** 

## **DONATIONS MADE (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2022** 

||£|
|---|---|
|Brought forward|172,055|
|Northern Opera Group|2,500|
|One World Media|4,000|
|Orchestras for All|5,000|
|Outside Edge Theatre Company|2,500|
|Paul Laughtey - Queen's Belfast|1,000|
|Prison Advice and Care Trust|2,500|
|RADA|5,000|
|Rambert Dance Company|5,000|
|Reach Volunteering|5,000|
|Sadlers Wells Trust Ltd|5,000|
|Scene and Heard|7,725|
|Southwark Playhouse|3,000|
|Spiritato|5,000|
|The Arava Institute for Enviro Studies|10,000|
|The Beneditti Foundation|5,000|
|The Big House Theatre Company|5,000|
|The Choir with No Name|5,600|
|The Clod Ensemble|4,000|
|The Freddie Krivine Initiative|2,000|
|The Jewish Council for Racial Equality|7,000|
|The Karuna Trust|10,000|
|The Leo Baeck Education Center|7,500|
|The National Holocaust Centre and Museum|7,500|
|The Primary Shakespeare Company|5,000|
|The Roundhouse Trust|5,000|
|The Royal Fusionaires Marching|2,490|
|The Royal Liverpool Philharmonic Society|2,000|
|The Royal Shakespeare Company|5,000|
|The Tenebrae Choir|4,000|
|The Young Vic|10,000|
|Trinity Laban|5,000|
|Vital Xposure|3,000|
|Whitechapel Society|1,500|
|Wild  Shot Outreach|5,875|
|World ORT Trust|17,500|
|YCAT|5,000|



360,245 

