| Trustees | Mrs Tessa | Goldstein | Goldstein | |
|---|---|---|---|---|
| Ivlrs Margaret | Fruchter | |||
| Mr Simon | Fruchter | |||
| Charity number | 264192 | |||
| Principal address | 6 Forge Lane | |||
| Petersham | Road | |||
| Richmond | Upon Thames | |||
| Surrey | ||||
| TW107BF | ||||
| Independent | examiner | Nick Parrett FCA |
||
| Azets Audit | Services, | |||
| Chartered | Accountants | |||
| 2'" Floor, Regis | House, | |||
| 45 King William | Street, | |||
| London | ||||
| EC4R 9AN | ||||
| Key advisors: | A Vacha | |||
| LGTVestra | LLP, | |||
| 14Cornhil, | ||||
| London, | ||||
| EC3V3NR | ||||
| Bank ofScotland pic | ||||
| Central Banking |
Branch | |||
| PO Box1000 | ||||
| BX21LB |
| Page | |||
|---|---|---|---|
| Trustees' report |
|||
| Independent | examiner's | report | |
| Statement of | financial activities | ||
| Balance sheet | |||
| Notes to the financial statements | 6-12 |
THE FAMILY RICH CHARITIES TRUST STATEMENT OF FINANCIAL AcfiviTE5 INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2022 Unrertri¢ted furtds RestriGted funds r*>t41 2022 Total Z02J Notes Donations and legacles Investments Total Income 50,180 50,180 46,916 97,096 50,000 36,291 86,291 46,916 50,180 Ralslng funds Charitable a¢tivitle5 AdmSnlstratfve expenses Totsl resources expended 12,611 42,000 1,675 56,286 12,611 42,000 1,675 56,138 4,911 61.500 66,411 Net (resource5 expendedl/ln¢omlng resources belor8 net galns on Investments 40,958 19,880 Net 8alns on Investments Net movement in fund5 li 51,000 51,000 74,158 19,3701 101,180 91,958 94,038 Fund balances at 6 Aprll 2020121 Fund balances at 5 Aprll Z021122 18,311 1721,906 1,823,086 1703 595 1795.405 1,609 557 1,703,595 The statement of flnanclal activltle5 Includes all galns and1055es reco8nlsed In the year. All Income and expendlture derlve from continulng actlvltles.
| Notes | 2022 | 2022 | 2021 | 2021 | ||
|---|---|---|---|---|---|---|
| f | f | |||||
| Fixed assets | ||||||
| Investments | 12/14 | 1,368,830 | 774,648 | |||
| Current assets | ||||||
| Investments | 13/14 | 30,000 | 58,000 | |||
| Cash at bank | and in hand | 398,225 | 872,447 | |||
| 428,225 | 930,447 | |||||
| Current liabilities | ||||||
| Accruals | (1,650) | (1,500) | ||||
| (1,650) | (1,500) | |||||
| Net current assets | 426,575 | 928,947 | ||||
| Total assets less current | ||||||
| liabilities | 1,795,405 | 1,703,595 | ||||
| Income funds | ||||||
| Restricted funds Unrestricted funds |
15 | 1,823,086 ~227, 681 |
1,721,906 (18,311) |
|||
| 1,795,405 | 1,703,595 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| f | ||||
| Donations | and gifts | 50,180 | 50,000 | |
| 4 | Investments | |||
| 2021f | 2021f | |||
| Income from listed investments | 46,916 | 36,291 | ||
| Interest receivable | ||||
| 46,916 | 36,291 |
| Unrestricted | Restricted | Total | Tota I | ||||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | 2022 | 2021 | ||||||
| f | f | f | |||||||
| Investment | management | 12 611 | 12,611 | 4,911 | |||||
| 12,611 | 12,611 | 4,911 | |||||||
| 6 | Charitable | activities | |||||||
| . 2022 | 2021 | ||||||||
| f | f | ||||||||
| Grant funding | ofactivities (see note 7) | 42,000 | 60,000 | ||||||
| Share ofgovernance | costs (see note 8) | 1,650 | 1,500 | ||||||
| 43,650 | 61,500 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| f | ||||
| Grants | to | individuals | ||
| Grants | to | institutions | 42,000 | 60,000 |
| 42,000 | 60,000 |
| Support | Governance | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|
| costs | costs | |||||||
| f | f | f | f | |||||
| Independent | examiner's | fees | 1,650 | 1,650 | 1,500 | |||
| Administration | 25 | 25 | ||||||
| 25 | 1,650 | 1,675 | 1,500 | |||||
| Analysed activities |
between | Charitable | 25 | 1,650 | 1,675 | 1,500 |
| 11 Net gains/(losses) | on investments | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Revaluation ofinvestments |
6 61,292 |
f 76,973 |
|
| Loss on sale ofinvestments | (10,292) | (2,815) | |
| 51,000 | 74,158 | ||
| 12 Fixed asset investments | |||
| Usted | |||
| investmentsf | |||
| Cost or valuation | |||
| As at 5 April 2021 | 774,648 | ||
| Additions | 613,506 | ||
| Valuations changes |
38,407 | ||
| Disposals | (57,731) | ||
| At 5 April 2022 | 1p368,830 | ||
| Carrying amount | |||
| At S April 2022 | 1,368,830 | ||
| At 5 April 2021 | 774,648 |
| 2022 | 2021 | ||
|---|---|---|---|
| 6 | E | ||
| Unlisted | investments | 30,000 | 58,000 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Carrying amount | ofRnancial | assets | 6 | f |
| Equity instruments | measured | at cost less impairment | 1,398,830 | 832,648 |
| Balance | Incoming | Resources | Revsluaeons | Balance at | ||
|---|---|---|---|---|---|---|
| at 6April 2021 f |
resources | expended | gains and losses |
6 April 2022 f |
||
| Investment | funds | 1,721,906 | 50,180 | 51,000 | 1,823,086 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | |||
| f | E | |||
| Fund balances at 5April 2022 are represented | by: | |||
| Investments Current assets/(liabilities) |
(27,681) | 1,398,830 424,256 |
1,338,830 396,575 |
|
| 17 Related party transactions | (27,681) | 1,823,086 | 1,795,40S |