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|Reference and|Reference and|administrative|administrative|information|||||
|---|---|---|---|---|---|---|---|---|
|Charity registration|||number:|266120|||||
|Correspondence||address:||Portrack Charitable||Trust|||
|||||C/0 Lucy Dare (Part time|||administrator)||
|||||The Old Stable|||||
|||||15A Huntingdon|Street||||
|||||London|||||
|||||N1 1BU|||||
|Trustees:||||John Keswick Jencks|||||
|||||Lily Clare Jencks|||||
|||||Louisa Jencks (retired 12|||August 2021)||
|||||Chds Gorell Barnes||(appointed||12August 2021)|
|Bankers:||||HSBC Private Bank|||||
|Accountants:||||PricewaterhouseCoopers|||LLP||
|||||3 Forbury Place|||||
|||||23 Forbury Road|||||
|||||Reading|||||
|||||Berkshire|||||
|||||RG1 1JH|||||
|Auditors:||||TC Group|||||
|||||The Courtyard|||||
|||||Shoreham
road|||||
|||||Upper Beeding|||||
|||||West Sussex|||||
|||||BN44 3TN|||||
|Investment|advisors:|||HSBC Private Bank|||||
|Solicitors:||||Linklaters
LLP|||||
|||||One Silk Street|||||
|||||London|||||
|||||EC2Y BHQ|||||
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|forthe year ended|5April|20|22|||||
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|||||||Unrestricted|Unrestdcted|
|||||||Funds|Funds|
||||||Notes|2022|2021|
|||||||6|6|
|Income||||||||
|- Investment
income||||||388,444|436,172|
|Total income||||||388,444|436,172|
|Expenditure||||||||
|Cost ofraising funds:||||||||
|- Investment
management||costs||||(5,622)|(5,702)|
|- Foreign exchange|(loss)/gain|||||(2,523)|(16,168)|
|Expenditure
on Charitable||activities:||||(510,826)|(246,200)|
|Total expenditure||||||(518,971)|(266,090)|
|Other recognised
gains and losses:||||||||
|- Net unrealised
(losses)/gains|||on investment|assets||(1,486,534)|2,530,124|
|Net (expenditure)/income||||||||
|Net movement
in funds||||||(1,617,061)|2,696,206|
|Total funds brought|forward|||||15,S07,855|13,109,649|
|Total funds carried|forward|||||14,190,794|15,607,655|
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|Cash Flow for the|year ended|5 April 2022|||
|---|---|---|---|---|
||||2022|2021|
||||5|6|
|Cash flow from operating
activities|||||
|Net (expenditure)/income
for the||year|(1,617,061)|2,696,206|
|Net losses/(gains)|on investment|assets|1,486,534|(2,530,124)|
|Dividend
income|||(388,444)|(436,172)|
|(Decrease)/increase|in creditors|||(300)|
||||(518,971)|(268,390)|
|Cash flows from|investing
activities||||
|Dividend
income|||388,444|436,172|
|Changes
in cash|in the reporting
period||(130,527)|167,762|
|Cash at the beginning
ofthe period|||690,751|522,969|
|Cash at the end ofthe period|||560,224|690,751|
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|2.
Investment
income||||||
|---|---|---|---|---|---|
|||||2022f|2021
F|
|Dividends - Overseas equities||||388,444|436,172|
|3.
Analysis ofgrants||||||
|Blue Marine Foundation||||15,000||
|British Red Cross Syria||||5,000||
|British Red Cross Yemen||||5,000||
|Camden
High Line||||5,000||
|Canonbury
School Foundation||||3,000||
|Carers Trust||||5,000||
|Children 1st||||5,000||
|Church
Army The Marylebone|||Project|5,000||
|City Harvest||||5,000||
|DECAfghanistan
Appeal||||50,000||
|DEC Ukraine Appeal||||20,000||
|Drayton
Park School PTA||||6,000||
|Friends Of Laycock Primary||||3,000||
|Friends OfSt John' s||||3,000||
|Hospice UK||||5,000||
|Human
Rights Watch||||5,000||
|Innovations
for Learning|UK|||5,000||
|Islington
Giving||||50,000||
|Jamie's Farm||||5,000||
|Maggie's||||10,000||
|Magic Breakfast||||5,000||
|Medecins sans Frontieres||||5,000||
|Medical Aid for Palestine||||5,000||
|Ptsa OfSt Mary Magdalene||Academy||3,000||
|Red Cross Ukraine
Appeal||||10,000||
|Red Thread||||5,000||
|Refuge||||5,000||
|Screen Academy
Foundation||||100,000||
|||||353,000||
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|Notes to the financial statements|||
|---|---|---|
|for the year ended 5 April 2022|||
|Shelter|5,000||
|Southbank
Sinfonia|5,000||
|Switchback|5,000||
|The Jencks Foundation|100,000||
|The Rivers Trust|5,000||
|Thornhill
School Foundation|3,000||
|Trees for Cities|5,000||
|Unlocked Graduates|5,000||
|William Tyndale School Association|3,000||
|Women for Refugee Women|5,000||
|Total(note 4)||494,000|
|4.|Expenditure||on Charitable|on Charitable|activities:||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||5|F|
||Expenditure|on Charitable|||activities:||||
||-Grant funded||activity (note||3)||494,000|234,000|
||Analysis of|governance||costs|||||
||Accountancy|fees|||||4,800|4,500|
||Audit fees||||||4,326|4,200|
||Administrator's||charges||||3,500|3,500|
||Legalfees||||||4,200||
||||||||510,828|246,200|
|5.|Fixed Asset||Investments||—Unrestricted|Funds|||
||Movement|in|fixed asset investments||||2022|2021|
||||||||K|6|
||Market value||brought
forward||||15,310,904|12,600,780|
||Net (loss)/gain||on revaluation||||(1,486,534)|2,530,124|
||Market value||as at 5Apnl|2022|||13,644,370|15,130,904|
||Investments||at market value comprised:||||2022|2021|
||||||||5||
||Overseas securities||||||13,644,370|15,130,904|
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