| Page | |||
|---|---|---|---|
| Reference and administrative | details ofthe Charity, its Trustees and advisers | ||
| Trustees' report | 2-9 | ||
| Independent auditors' |
report | on the financial statements | 10-13 |
| Statement offinancial | activities | 14 | |
| Balance sheet | 15 | ||
| Notes to the financial | statements | 16-25 |
| REFERENCE AND | REFERENCE AND | ADMINISTRATIVE | DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS |
|---|---|---|---|
| FOR THE YEAR ENDED 5APRIL 2023 | |||
| Trustees | Morris Peacock | ||
| Alexander Munro |
|||
| Graham Tuttle |
|||
| Patrick Harris | |||
| Charity registered | |||
| number | 266842 | ||
| Principal office | Howes Percival | ||
| Flint Buildings | |||
| 1 Bedding Lane | |||
| Norwich | |||
| NR3 1RG | |||
| Independent | auditors | Larking Gowen | LLP |
| Chartered Accountants |
|||
| 1st Floor, Prospect House | |||
| Rouen Road | |||
| Norwich | |||
| NR1 1RE | |||
| Bankers | Barclays Private | Bank | |
| 1 Stanhope | |||
| Mayfair | |||
| London | |||
| W1K 1AF | |||
| Solicitors | Howes Percival | LLP | |
| Flint Buildings | |||
| 1 Bedding Lane | |||
| Norwich | |||
| NR3 1RG | |||
| Investment | advisor | Barratt 8 Cooke | Limited |
| 5 Opie Street | |||
| Norwich | |||
| NR1 3DW | |||
| Investment | advisor | Barclays Wealth | |
| 1 Churchill Place |
|||
| Canary Wharf | |||
| London | |||
| E145HP |
| a. Main achievements ofthe Charity |
a. Main achievements ofthe Charity |
a. Main achievements ofthe Charity |
||
|---|---|---|---|---|
| The major donations in year ended 05April |
2023were: | |||
| Age UK | 810,000 | |||
| Dereham Baptist Church |
E7,000 | |||
| Eating Matters | 210,200 | |||
| Matthew Project | f10,200 | |||
| Musical Keys | E5,000 | |||
| Nelsons Journey | E5,000 | |||
| Norfolk and Norwich Festival |
E2,500 | |||
| Norfolk CAB | 610,000 | |||
| North Norfolk &Waveney |
MND | E5,000 | ||
| Norwich Door to Door |
E6,000 | |||
| Norwich Historic Churches |
Trust | E5,000 | ||
| Norwich School, Norfolk | Summer School | F5,000 | ||
| Priscilla Bacon Norfolk Hospice Care | F25,000 | |||
| RNAA/Food 8 Farming |
Discovery Trust | E5,000 | ||
| Sainsbury Centre |
615,000 | |||
| Save Our Spaniels | E4,000 | |||
| Stepping Stones Sunflower School Club |
E5,000 f5,000 |
|||
| The British Heart Foundation | P5,000 | |||
| The Feed | 813,000 | |||
| The Garage | E5,000 |
| Unrestricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| Note | 2023 f |
2023 | 2023 | 2022 | ||
| Income and endowments | from: | |||||
| Investments | 410,748 | 410,748 | 396,620 | |||
| Total income and endowments | 410,748 | 410,748 | 396,620 | |||
| Expenditure on: |
||||||
| Investment manager fees |
20,888 | 20,888 | 19,834 | |||
| Charitable activities |
545,021 | 545,021 | 403,673 | |||
| Total expenditure | 545,021 | 20,888 | 565,909 | 423,507 | ||
| Net expenditure | (134,273) | (20,888) | (155,161) | (26,887) | ||
| Transfers between funds |
146,273 | (146,273) | ||||
| Net movement in funds before other |
||||||
| recognised gains/(losses) |
12,000 | (167,161) | (155,161) | (26,887) | ||
| Other recognised gains/(losses): |
||||||
| (Losses)/gains on revaluation |
offixed | |||||
| assets | (949,142) | (949,142) | 1,165,107 | |||
| Net movement in funds |
12,000 | (1,116,303) | (1,104,303) | 1,138,220 | ||
| Reconciliation offunds: |
||||||
| Total funds brought forward |
10,000 | 15,456,996 | 15,466,996 | 14,328,776 | ||
| Net movement in funds |
12,000 | (1,116,303) | (1,104,303) | 1,138,220 | ||
| Total funds carried forward | 22,000 | 14,340,693 | 14,362,693 | 15,466,996 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2022 | ||
| Income | from listed investments | 396,614 | 396,614 |
| Interest | on cash deposits | 6 | 6 |
| 396,620 | 396,620 |
| Grants to | Total | ||
|---|---|---|---|
| Institutions | funds | ||
| 2023 | 2023f | ||
| Grants | payable | 475,439 | 475,439 |
| Grants to | Total | ||
| institutions | funds | ||
| 2022 | 2022 | ||
| Grants | payable | 355,201 | 355,201 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Name ofinstitution | |||||||
| Age UK | 10,000 | ||||||
| Dereham Baptist Church |
7,000 | ||||||
| Eating Matters | 10,200 | 5,000 | |||||
| Eaton Vale Scout 8 Guide | Activity Centre | Ltd | 5,000 | ||||
| Leeway Domestic Violence | and | Abuse Services | 5,000 | ||||
| Matthew Project |
10,200 | 5,000 | |||||
| Musical Keys | 5,000 | ||||||
| Nelsons Journey | 5,000 | ||||||
| Norfolk and Norwich Festival |
2,500 | 10,000 | |||||
| Norfolk CAB | 10,000 | ||||||
| Norfolk Heart Trust - Norfolk | Community | Foundation | 5,000 | ||||
| Norfolk Wildlife Trust | 20,000 | ||||||
| North Norfolk 8 Waveney |
MND | 5,000 | |||||
| Norwich Door to Door |
6,000 | ||||||
| Norwich Historic Churches |
Trust | 5,000 | 5,000 | ||||
| Norwich School, Norfolk | Summer School | 5,000 | |||||
| Norwich Preservation Trust |
12,000 | ||||||
| Priscilla Bacon Norfolk Hospice | Care | 25,000 | |||||
| RNAA/ Food 8 Farming | Discovery Trust | 5,000 | |||||
| Sainsbury Centre |
15,000 | ||||||
| Save Our Spaniels | 4,000 | 5,000 | |||||
| SENsational Families |
5,000 | ||||||
| Shelter, National Campaign |
for | Homeless | People Ltd | 5,000 | |||
| Stepping Stones | 5,000 | ||||||
| Sunflower School Club | 5,000 | ||||||
| The Big CAppeal Ltd |
5,000 | ||||||
| The British Heart Foundation | 5,000 | ||||||
| The Feed | 13,000 | ||||||
| The Garage | 5,000 | ||||||
| The Norfolk Hospice - Tapping | House | 5,000 | |||||
| Woodland Trust |
5,000 | ||||||
| 162,900 | 102,000 | ||||||
| Other grants to institutions | (under E5,000) | 312,539 | 253,201 | ||||
| 475,439 | 355,201 |
| Grant | Grant | ||||
|---|---|---|---|---|---|
| funding | of | Support | Total | ||
| activities | costs | funds | |||
| 2023 | 2023 | 2023f | |||
| Grants payable | 475,439 | 69582 | 545021 | ||
| Grant | |||||
| funding | of | Support | Total | ||
| activities | costs | funds | |||
| 2022 | 2022 | 2022 | |||
| Grants payable | 355,201 | 48,472 | 403,673 | ||
| Analysis of | support costs | ||||
| Grants | Total | ||||
| payable | funds | ||||
| 2023f | 2023 | ||||
| Management | fees | 58,794 | 58,794 | ||
| Audit 8 accountancy | 10,788 | 10,788 | |||
| 69,582 | 69,582 | ||||
| Grants | Total | ||||
| payable | funds | ||||
| 2022 | 2022 | ||||
| Management | fees | 38,848 | 38,848 | ||
| Audit 8 accountancy | 9,624 | 9,624 | |||
| 48,472 | 48,472 |
| Auditors' remuneration |
||||
|---|---|---|---|---|
| 2023f | 2022 | |||
| Fees payable to the Charity's | auditor for the audit ofthe Charity's | annual | ||
| accounts | 10,788 | 9,624 |
| Listed | |
|---|---|
| investments | |
| Cost or valuation | |
| At 6 April 2022 | 15,115,949 |
| Additions | 717,738 |
| Disposals | (849,014) |
| Revaluations | (949,143) |
| Cash held at brokers | 52,551 |
| At 5April 2023 | 14,088,081 |
| Net book value | |
| At 5April 2023 | 14,088,081 |
| At 5April 2022 | 15,115,949 |
market value ofE6,680,143(2022:F7,380,053 The portfolio was invested as follows: |
, ). |
|
|---|---|---|
| 2023 | 2022 | |
| Gilts | 2 | 7 |
| Bonds | 1 | 2 |
| Unit trusts | 52 | 37 |
| Equities | 45 | 52 |
| Cash | 2 | |
| 100 | 100 |
| Debtors | |||
|---|---|---|---|
| 2023f | 2022 | ||
| Due within | one year | ||
| Prepayments | and accrued income | 75,040 | 70,249 |
| 75,040 | 70,249 |
| Balance at 6 | Transfers | Gains/ | Balance at 5 | |||
|---|---|---|---|---|---|---|
| April 2022 | Income | Expenditure | in/out | (Losses) | April 2023 | |
| f. | ||||||
| General funds | 10,000 | 410,748 | (545,021) | 146,273 | 22,000 | |
| Endowment | ||||||
| funds | 15,456,996 | (20,888) | (146,273) | (949,142) | 14,340,693 | |
| 15,466,996 | 410,748 | (565,909) | (949,142) | 14,362,693 |
| Summary offun | ds - prior year | |||||
|---|---|---|---|---|---|---|
| Balance at | Transfers | Gains/ | Balance at | |||
| 1April 2021 | Income | Expenditure | in/out | (Losses) | 5April 2022 | |
| General funds | 5,551 | 396,620 | (403,673) | 11,502 | 10,000 | |
| Endowment | ||||||
| funds | 14,323,225 | (19,834) | (11,502) | 1,165,107 | 15,456,996 | |
| 14,328,776 | 396,620 | (423,507) | 1,165,107 | 15,466,996 |
| Analysis ofnet assets between funds -cur | rent year | ||
|---|---|---|---|
| Unrestricted | Endowment | Total | |
| funds | funds | funds | |
| 2023 f |
2023 | 2023 | |
| Fixed asset investments | 14,088,081 | 14,088,081 | |
| Current assets | 37,684 | 252,612 | 290,296 |
| Creditors due within one year | (15,684) | (15,684) | |
| Total | 22,000 | 14,340,693 | 14,362,693 |
| Analysis of net assets between funds -prio | r year | ||
|---|---|---|---|
| Unrestricted | Endowment | Total | |
| funds | funds | funds | |
| 2022 | 2022 | 2022 | |
| Fixed asset investments | 15,318,435 | 15,318,435 | |
| Current assets | 30,365 | 138,561 | 168,926 |
| Creditors due within one year | (20,365) | (20,365) | |
| Total | 10,000 | 15,456,996 | 15,466,996 |