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2023-04-05-accounts

Portrack Charitable Portrack Charitable Portrack Charitable Portrack Charitable Trust
Reference and administrative information
Charny registraaon number 266120
Correspondence address Portrack Chantable Trust
CIO Lucy Dare (Part bme adrninistralori
The Old Stable
16A Huntingdon Street
London
Nl 1BU
Trustees John Keswick Jencks
Lily Clare Jencks
Chns Gorell games
Bankers HSBC Pnvate Bank
Accountants PncewaterhouseCoopers LLP
3 Forbury Place
23 Forbury Road
Readng
Berkshire
RG1 3JH
Auditrirs TC Group
The Courtyard
Shoreham
Road
Upper Beading
West Sussex
BN44 3TN
fnveslment advisors HSBC Pnvate Bank
Sofetters Linklalers
LLP
One Silk Street
London
EC2Y SHQ


for the year ended

5 April
2023
Total Total
Unrestricted Unrestncted
Funds Funds
Notes 2023 2022
5
Income
- Investment
income
559,090 388,444
Total income 559,090 388,444
Expenditure
Coal ofraising funds
- investment
managemenl
costs
- Foreign exchange
(loss)lgain
(5,514)
(8,299)
(5.622)
(2.523)
Expendiluie
on Charsable
acfiwdes. (724,460) (510,826)
Total expenditure (738,273) ~518,971)
Other recogmsed gains snd losses'
- Nel unreahsed
(losses) on investment
assets (1,173,667) (1,486,534)
Net (expenditure)/income
Net movement
in funds
(1,352,850) (1,617,061)
Total funds brought forward 14,190,794 15,807,855
Total funds carried forward 12,837,944 14.190,794
Portrack Charitable
Trust
Portrack Charitable
Trust
Balance Sheet as at 5 April 2023
Notes 2023
6
Fixed assets:
Investments
Unrestricted
Funds
12470703
T5
13644 370
75
Restncted
Funds
Total fixed assets 12,4?0,?78 13,644,445
Current assets:
Cash at brokers
HSBC Pnvate Bank
- Income account
376,721 560,224
Liabilities:
Creditors falling due
wiihm one year 6 19,480) I13,800)
Net current assets 367,241 546.424
Total nst assets 12,838,019 14,190.869
The funds of the charity:
Unrestricted
Funds
12,837,944 14,190,794
75 75
Restricted
Funds
12838019 14190869
pprove
by
he Trustees
mm m
on c . .~. .,4... 2024 and signed on their behalf by.
rusts
Portrack Charitable
Trust
Cash Flow for the year ended 5 April 2Q23
""ow fnim operating
activities
Net (expenditure)rincome
ior lhs year
)tet lossesilgains)
on inveslrnenl
assets
Dividend
income
Decrease in creditors
2Q23
f.
(1,352,850)
1,173,667
(559,090)
(4,320)
2022f
(1,617,061)
1,486,534
(388,444)
Cash flows from investing
activities
Dividend
income
(742,593) (518,971)
559,090 388,444
Changes in cash in the reporting period
Cash at the beginning
ofthe period
(183,503) ('130,527)
Cash at the end ofthe period 560,224 690,751
376,721 560,224

2.
Investment
income
2023 2022
5 8
Diwidends —Overseas
eouriies
Gross deposit interest
555,361
3,129
388,844
~559 090 388,844
3.
Analysis ofgrants
2023
6
2022
f.
Blue Manna
Foundation
5,000 15,000
5,000
British Red Cross Syne 5.000
Bribsh Red Cross Yemen 5,000
Camden
High Line
3.000
Canonbury
School Foundation
Carers Trust
Centrepoint
Children 1st
Church
Army
Marylebone
Prelect
20,000
5,000
5,000
5„000
5,000
5.000
5,000
5.000
Criy Harvest 50,000
DEC Afghanistan
Flood Appeal
DEC Pakistan
Flood Appeal
10,000 20.000
DEC Ukraine Flood ApPeal
Drayton Park School PTA
6,000
3,000
Fnends Of Laycock Primary 3,000
Friends Of St Johws
Horafio's Garden
5,000
20,000
5.000
Hospice UK 5,000
Human
Rights Watch
5.000
innovations
for Learning
UK
50,000
Isbngion
Giving
Jamie's Farm
5,000
10,000
5.000
Little Sparta 10,000 IO,OOO
Maggie's 5.000
Magic Breakfast 5,000
MAP 5,000
Medeons sans Frontieres 5.000
Medical Aid for Palestine 5,000
Medicinerna
My Name'5
Doddie Foundation
North Paddington
Foodbank
10,000
5,000
13

Our Time
Ptsa Of St faery Magdalene
Academy Academy 5,000 3.000
Rsd Cross Syne
Red Cross Ukrame
Red Thread
Refuge
Run Kids Run
Screen Academy
Foundation
Shelter
Southbank
Sinfonia
StJoltrls Hosp(ca
Surfers Against Sewage
Switchback
The Jencks Foundation
The Resurgence
Trust
The Rivers Trust
Thomhsl
School Foundation
Trees for Cities
5,000
10,000
5,000
5,000
39,000
15„000
5,000
72,000
315,000
5,000
5,000
10.000
5,000
5,000
100,000
5,000
5,000
5,000
100,000
5,000
3,000
Trusseg Trust
Unlocked graduates
Nlillram
Tyndale School Assodatron
Women for Refugee Women
90,000
5,000
5,000
B,ooo
5,000
3,000
5,000
Total (nots 4) 711,000 494,000
4.
Expenditure
on Charitable
activities. "
governance
Expenditure
an Charitable
activities: 2023
6
2022f
- Orant funded
actwrty (note
3) 711,000 494.000
Analysis of costs
Accountancy
fees
Aud» fees
Admmrstrator's
charges
Legal tees
4,goo
5,190
3,500
4,6oo
4,326
3,500
4,200
724,460 510.526