| Page | ||
|---|---|---|
| Reference and Administrative Details ofthe Charity, its Trustees and Advisers |
||
| Trustees' Report |
2-4 | |
| Independent Examiner's |
Report | |
| Statement of Financial | Activities | |
| Balance Sheet | ||
| Notes tothe Financial Statements | 8-18 |
| Restricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| Note | 2022 6 |
2022 | 2022f | 2021 | |||
| Income from: | |||||||
| Charitable activities |
3,844 | 27,870 | 31,714 | 29,743 | |||
| Total income | 3,844 | 27,870 | 31,714 | 29,743 | |||
| Expenditure on: |
|||||||
| Charitable activities |
5,000 | 30,903 | 35,903 | 25,282 | |||
| Total expenditure | 5,000 | 30,903 | 35,903 | 25,282 | |||
| Net (expenditure)/income | before net | ||||||
| (losses)/gains on |
investments | (1,156) | (3,033) | (4,189) | 4,461 | ||
| Net (losses)/gains | on investments | (9,992) | (14,803) | (24,795) | 46,775 | ||
| Net movement in |
funds | (11,'I48) | (17,836) | (28,984) | 51,236 | ||
| Reconciliation of |
funds: | ||||||
| Total funds brought | forward | 145,712 | 169,907 | 315,619 | 264,383 | ||
| Net movement in funds |
(11,148) | (17,836) | (28,984) | 51,236 | |||
| Total funds carried forward | 134,564 | 152,071 | 286,635 | 315,519 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | 5 | ||||||
| Fixed assets | |||||||
| Investments | 274,630 | 305,259 | |||||
| 274,630 | 305,259 | ||||||
| Current assets | |||||||
| Debtors: amounts | falling due within one year | 9 | 55 | 4,007 | |||
| Cash at bank and | in hand | 42,779 | 30,883 | ||||
| 42,834 | 34,890 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 10 | (30,829) | (24,530) | ||||
| Net current assets | 12,005 | 10,360 | |||||
| Total assets less | current liabilities | 286,635 | 315,619 | ||||
| Net assets excluding | pension asset | 286,635 | 315,619 | ||||
| Total net assets | 286,635 | 315,619 | |||||
| Charity funds | |||||||
| Restricted funds | 134,564 | 145,712 | |||||
| Unrestricted funds |
152,071 | 169,907 | |||||
| Totalfunds | 286,635 | 315,619 |
| Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2022 f |
2022 | 2022f | 2021 6 |
|
| C&ETrust | ||||
| Dividends | 3,844 | 3,290 | 7,134 | 7,229 |
| Annual Subscription |
300 | 300 | 350 | |
| Sundry Donations | 998 | 998 | 41 | |
| C8ETrust - Total Income | 3,844 | 4,588 | 8,432 | T,620 |
| BADA Friends | ||||
| Annual Subscription |
11,561 | 11,561 | 12,375 | |
| Sundry Donations | 565 | 565 | 640 | |
| Dividends | 1,139 | 1,139 | 1,1T1 | |
| Income Tax | 1,897 | 1,897 | 1,TT9 | |
| Lectures and Tours | 8,088 | 8,088 | 6,158 | |
| Bank Interest | 32 | 32 | ||
| Total 2022 | 3,844 | 27,870 | 31,714 | 29,T43 |
| Restricted | Unrestricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2022 f |
2022 6 |
2022 | 2021 | ||
| C&ETrust | |||||
| West Dean Student Scholarship | 5,000 | 5,000 | |||
| Harold Davis Prize to Student |
400 | 400 | 300 | ||
| Geoffrey Moss Prize | 400 | 400 | 300 | ||
| Audit and Accountancy | 2,880 | 2,880 | 2,400 | ||
| BADA Art Prize | 2,000 | 2,000 | |||
| 5,000 | 5,680 | 10,680 | 3,000 | ||
| BADA Friends | |||||
| Salaries | 17,905 | 17,905 | 17,885 | ||
| Postage, printing |
and stationary | 2,188 | 2,188 | 1,255 | |
| Advertising and PR |
946 | 946 | 475 | ||
| Travel | 223 | 223 | |||
| Event Expenses | 3,824 | 3,824 | 2,061 | ||
| Bank Charges | 64 | 64 | 48 | ||
| Sundry Expenses | 73 | 73 | 57 | ||
| Charitable Donations |
500 | ||||
| Total 2022 | 5,000 | 30,903 | 35,903 | 25,282 | |
| Total 2021 | 25,282 | 25,282 |
| Staff c | osts | |||
|---|---|---|---|---|
| 2022f | 2021f | |||
| Wages | and | salaries | 17,905 | 17,886 |
| 17,905 | 17,886 |
| Trade | |
|---|---|
| investments | |
| 6 | |
| Cost or valuation | |
| At 30June 2022 | 274,630 |
| Net book value | |
| At 30June 2022 | 274,630 |
| At30June 2021 | 305,259 |
| Fixed asset investments -conti |
nue | d | ||
|---|---|---|---|---|
| 2022 f |
2021 f |
|||
| Investments | ||||
| Narrow Range | ||||
| GCP Infrastructure Ord GBP0.01 |
3,318 | 3,036 | ||
| iShares III Pic Markit Iboxx GBP Corp bond Ex |
2,778 | 3,362 | ||
| NB Global Floating Red CSHS NPV | GBP | 2,182 | ||
| Ishare Physical M ISHS |
2322 | |||
| Fil Inv svc | 4,548 | 5,449 | ||
| BioPharma Credit |
1,780 | 1,608 | ||
| Twentyfour Income Ord GBP0.01 |
3,351 | 3,583 | ||
| Wide Range | ||||
| Aberforth Smaller Companies Trust |
4,403 | 5,738 | ||
| Apax Global Alpha Ord NPV | 1,864 | 2,078 | ||
| Artemis INV FDS IC Artemis US |
2,771 | |||
| Axa Framlington Global Technology |
Inc | 4,555 | ||
| Baillie Gifford OSEAS BGJapanese | 2,761 | |||
| Baillie Gifford US Ord GBP0.01 | 2,990 | |||
| Baillie Gifford American W1 |
2,339 | 5,305 | ||
| BBHealthcsre Trust |
3,012 | 3,958 | ||
| Blackrock FM Ltd | 6,321 | 8,188 | ||
| CF Miton UK Multi Cap | 6,820 | 7,759 | ||
| Coupland Cardiff |
3,329 | |||
| Cordiant Digital 1 ord C SHS NPV |
2,344 | 2,430 | ||
| Findlay Park - American Smaller |
Co's | 11,759 | ||
| Fidelity UCITS ICA | 13,182 | 12,520 | ||
| Hicl Infrastructure Co Ltd |
2,583 | 2,487 | ||
| First Sentier Invr Stewart | 5,132 | 5,498 | ||
| Hipgnosis Songs | 2,366 | 2,620 | ||
| Impax Enviro Mkts | 2,000 | 2,378 | ||
| Int Public Partner Ord GBP0.0001 | 2,733 | 2,589 | ||
| JP Morgan GBL Emerg Ord GBP0.01 | 2,801 | 3,375 | ||
| JP Morgan Euro IT Income Shares | 4,051 | 4,666 | ||
| JP Morgan Fund ICVC JPM US EQ |
INC C2 | 7,718 | ||
| Legg Mason GBL RD Royce US | Small Cap | 7,007 | ||
| Jupiter UT MNGRS Bond | 6,060 | 4,675 | ||
| Jupiter JPN INC FD | 4,299 | |||
| Legg Mason | 2,674 | 2,238 | ||
| Marlborough FD MGR UK Micro |
Cap Growth | 6,626 | 9,101 | |
| Mayfair Capital ln Prop Inc Trust | For | Charitie | 4,931 | 2,197 |
| M&G Investment Man Charifund |
Inc | 10,099 | 10,416 |
| 8.Fixed asset investments | -continued | |||
|---|---|---|---|---|
| Mercantile Investment Ord |
GBP0.25 | 5,364 | 7,740 | |
| Middlefield Can IT Red Ptg |
Prf Shs GBP NPV | 4,720 | 4,420 | |
| Miton Trust Miton Income Instl Inc |
9,963 | 10,113 | ||
| MSIM Fund | 2,676 | 3,839 | ||
| North American Income Ord |
GBP0.25 | 7,810 | 7,700 | |
| Neuberger BER INV US |
2,163 | |||
| Ninety one FD MGRS | 3,011 | 3,350 | ||
| Pantheon Int'I Participations |
Ord GBP0.67 | |||
| Perpetual Growth |
4,085 | 4,277 | ||
| Pictet Asset Mgmt Robotics | 1,886 | 2,390 | ||
| Personal Assets TR ORD | 3,364 | |||
| Hiscox Ins P'folio R Inc NAV) | 2,769 | 2,817 | ||
| Princess Pdivate Eq Ord Eur0.001 |
4,916 | 6,644 | ||
| Residential Secure Ord GBP0.01 |
2,171 | 2,290 | ||
| Schroder Oriental Ord |
6,388 | 5,800 | ||
| Threadneedle Inves UK Equity |
4,718 | 4,905 | ||
| Utilico Em Mkt Ltd Ord GBP0.01 | 3,375 | |||
| The renewables | 2,342 | 2,214 | ||
| Vanguard Funds PLc |
7,758 | 7,561 | ||
| Vanguard INV SERUS Gov |
Bond | 2,338 | 2,622 | |
| Tritax | 2,169 | 3,327 | ||
| JOAN EYLESFund | ||||
| COIF Charities Investment |
Fund | 66,032 | 69,679 | |
| 274,630 | 305,259 | |||
| Debtors | ||||
| 2022 | 2021 | |||
| 5 | 5 | |||
| Due within one year | ||||
| Other debtors | 55 | 4,007 |
| 2022 | 2021 | ||
|---|---|---|---|
| Other creditors | 25,549 | 19,730 | |
| Accruals and deferred | income | 5,280 | 4,800 |
| 30,829 | 24,530 |
| Statement | offunds | - current | year | |||||
|---|---|---|---|---|---|---|---|---|
| Balance at | ||||||||
| Balance at 1 | Gains/ | 30June | ||||||
| July 2021 | Income | Expenditure | (Losses) | 2022 | ||||
| E | E | 6 | K | |||||
| Unrestricted | Funds | |||||||
| Unrestricted | Funds | 83,288 | 27,870 | (30,903) | 80,255 | |||
| Investment | Reserves | 86,619 | (14,803) | 71,816 | ||||
| 169,907 | 27,870 | (30,903) | (14,803) | 152,071 | ||||
| Restricted | funds | |||||||
| Restricted | Investment | Fund | 145,712 | 3,844 | (5,000) | (9,992) | 134,564 | |
| Total offunds | 315,619 | 31,714 | (35,903) | (24,795) | 286,635 |
| Statement | offund | s - prior year | |||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at | Transfers | Gainer | 30June | ||||
| 1July 2020 | Income | Expenditure | infect | (Losses) | 2021 | ||
| E | E | E | E | ||||
| Unrestricted | |||||||
| funds | |||||||
| Unrestricted | |||||||
| Funds | 82 674 | 25,896 | (25,282) | 83,288 | |||
| Investment | |||||||
| Reserves | 41,277 | 18,966 | 26,376 | 86,619 | |||
| 123,951 | 25,896 | (25,282) | 18,966 | 26,376 | 169,907 | ||
| Restricted | |||||||
| Funds | |||||||
| Restricted | |||||||
| Investment | Fund | 140,432 | 3,847 | (18,966) | 20,399 | 145,712 | |
| Total offunds | 264,383 | 29,743 | (25,282) | 46,775 | 315,619 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 | Gains/ | 30June | ||||
| July 2021 | Income | Expenditure | (Losses) | 2022 | ||
| E | E | E | F | E | ||
| Unrestricted | funds | 169,907 | 27,870 | (30,903) | (14,803) | 152,071 |
| Restricted | funds | 145,712 | 3,844 | (5,000) | (9,992) | 134,564 |
| 315,619 | 31,714 | (35,903) | (24,795) | 286,635 |
| Summary | offund | s - prior year | ||||||
|---|---|---|---|---|---|---|---|---|
| Balance at | ||||||||
| Balance at | Transfers | Gainsf | 30June | |||||
| 1July 2020 E |
Income 5 |
Expenditure | f | inyout 9 |
(Losses) L |
2021 6 |
||
| Unrestricted | ||||||||
| funds | 123,951 | 25,896 | (25,282) | 18,966 | 26,376 | 169,907 | ||
| Restricted | funds | 140,432 | 3,847 | (18,966) | 20,399 | 145,712 | ||
| 264,383 | 29,743 | (25,282) | 46,775 | 315,619 |
| Restricted | Unrestricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| E | 8 | E | ||
| Trade investments | 128,612 | 146,018 | 274,630 | |
| Current | assets | 5,952 | 36,882 | 42,834 |
| Creditors | due within one year | (30,829) | (30,829) | |
| Total | 134,564 | 152,071 | 286,635 | |
| Analysis | ofnet assets between funds - prior year | |||
| Restricted | Umestricted | Total | ||
| funds | funds | funds | ||
| 2021 | 2021 | 2021 | ||
| E | ||||
| Trade investments | 140,353 | 164,906 | 305,259 | |
| Current | assets | 5,359 | 29,531 | 34,890 |
| Creditors | due within one year | (24,530) | (24,530) | |
| Total | 145,712 | 169,907 | 315,619 |