| Trustees | Thomson Snail &Passmore |
Trust Corporation | Ltd | |
|---|---|---|---|---|
| Anna Leigh | ||||
| Charity number | 267325 | |||
| Principal address | 73 Cornhill | |||
| London | ||||
| EC3V3QQ | ||||
| Administrator | S.Whitney | |||
| Independent | Examiner | SColeman ACA | ||
| Gerald Edelman | ||||
| 73 Comhig | ||||
| London | ||||
| EC3V3QQ | ||||
| Bankers | Coutts | |||
| 440 Strand | ||||
| London | ||||
| WC2R OQS | ||||
| Solicitors | Thomson Snail &Passmore |
|||
| 2/4 Vale Avenue | ||||
| Tunbridge Wells |
||||
| Kent | ||||
| TN1 1DJ | ||||
| Investment | advisors | LGT Wealth Management | UK LLP | |
| 14 Cornhill | ||||
| London | ||||
| EC3V 3NR |
| Unrestricted | Designated | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | 2022 | 2021 | |||||
| general | ||||||||
| Notes | 6 | 6 | ||||||
| Income from: | ||||||||
| Investments | 3 | 58,249 | 58,249 | 83,562 | ||||
| ~Edi | ||||||||
| Raising funds | 16,589 | 16,589 | 17,898 | |||||
| Charitable activities |
276,847 | 276,847 | 958,978 | |||||
| Total expenditure | 293,436 | 293,436 | 976,876 | |||||
| Net expenditure | before Investment | returns | (235,187) | (235,187) | (893,314) | |||
| Net gains on investments | 87,759 | 87,759 | 424,182 | |||||
| Gross transfers | between funds | 15 | (160,000) | 160,000 | ||||
| Net expenditure | forthe year | (307,428) | 160,000 | (147,426) | (469,132) | |||
| Fund balances | at | 6 April 2021 | 2,249,382 | 2,249,382 | 2,718,514 | |||
| Fund balances | at 5April 2022 | 1,941,954 | 160,000 | 2,101,954 | 2,249,382 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | 6 | 8 | ||||
| Fixed assets | ||||||
| Investments | 10 | 2,214,087 | 3,130,936 | |||
| Current assets | ||||||
| Debtors | 12 | 7,534 | 11,191 | |||
| Cash at bank and in hand | 31,457 | 35,869 | ||||
| 38,991 | 47,060 | |||||
| Creditors: amounts | falling due within one | 13 | ||||
| year | (44,124) | (928,614) | ||||
| Net current liabilities | (5,133) | (881,554) | ||||
| Total assets less current liabilities | 2,208,954 | 2,249,382 | ||||
| Creditors: amounts | falling due after more | 14 | ||||
| than one year | (107,000) | |||||
| Net assets | 2,101,954 | 2,249,382 | ||||
| Income funds | ||||||
| Unrestricted funds - designated |
15 | 160,000 | ||||
| Unrestricted funds - general |
1,941,954 | 2,249,382 | ||||
| 2,101,954 | 2,249,382 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Income from listed | investments | 31,721 | 47,220 | |
| Bond Interest Income | 26,519 | 36,333 | ||
| Interest receivable | 9 | 9 | ||
| 58,249 | 83,562 | |||
| Raising funds | ||||
| 2022 | 2021 | |||
| I v entman |
e | ent | 16,589 | 17,898 |
| 16,589 | 17,898 |
| 2022f | 2021 8 |
|||||
|---|---|---|---|---|---|---|
| Grant funding ofactivities |
(see note 6) | 227,435 | 943,420 | |||
| Trustees indemnity | insurance | 547 | ||||
| Support costs - administration | 24,471 | 10,158 | ||||
| Independent examination |
fees | 4,800 | 4,800 | |||
| Professional fees | 15,360 | |||||
| Other governance | costs | 4,234 | 600 | |||
| 276,847 | 958,978 | |||||
| 8 | Grants payable | |||||
| 2022 | 2021 | |||||
| 8 | 8 | |||||
| Grants to institutions: | ||||||
| Beaufort Cottage | Educational | Trust | 127,000 | 25,000 | ||
| Duke of Edinburgh | Award | 5,000 | ||||
| Canine Companions for Independence |
14,920 | |||||
| Jamies Farm | 10,000 | |||||
| Heros | 14,310 | |||||
| Racing to School | 16,500 | |||||
| British Racing School | 25,000 | |||||
| Racing Welfare | 10,000 | |||||
| Sarah Jane Leigh | Charitable | Trust | 900,000 | |||
| The Wavetree Charitable |
Trust | 10,000 | 3,500 | |||
| Racing Foundation | 9,240 | |||||
| Others | 385 | |||||
| 227,435 | 943,420 |
| 9 | Net gains/(losses) | Net gains/(losses) | on investments | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Revaluation | ofinvestments | 11,841 | 388,805 | ||
| Gain on sale | ofinvestments | 76,016 | 37,214 | ||
| Loss on exchange | offoreign currency | (98) | (1,837) | ||
| 87,759 | 424,182 |
| Listed | Cash in | Total | ||||
|---|---|---|---|---|---|---|
| Investmentsf | porffoliof | |||||
| Cost or | valuation | |||||
| At 05April | 2021 | 3,034,376 | 96,560 | 3,130,936 | ||
| Additions | 96,144 | 96,144 | ||||
| Valuation | changes | 11,841 | 11,841 | |||
| Change | in cash accounts | (38,796) | (38,796) | |||
| Dispose)a | (986,038) | (986,038) | ||||
| At 5April | 2022 | 2,156,323 | 57,764 | 2,214,087 | ||
| Carrying | amount | |||||
| At 05April | 2022 | 2,156,323 | 57,764 | 2,214,087 | ||
| At 05April | 2021 | 3,034,376 | 96,560 | 3.130,936 | ||
| Listed investments | held as follows: | |||||
| f | ||||||
| UK | 710,247 | |||||
| Foreign | 1,446,076 | |||||
| 2,156,323 |
| 11 | Financial instruments | 2022f | 2021f | ||
|---|---|---|---|---|---|
| Carrying amount of | financial | assets | |||
| Equity instruments measured |
at fair value | 2,214,087 | 3,130,936 | ||
| Carrying amount of |
financial | liabilities | |||
| Measured at amortised cost |
151,124 | 943,614 | |||
| 12 | Debtors | ||||
| Amounts falling due |
within | one year: | 2022f | 2021f | |
| prepayments and accrued income |
7,534 | 11,191 | |||
| 13 | Creditors: amounts | falling due within one year | |||
| 2022f | 2021f | ||||
| Grant commitments | 28,797 | 919,114 | |||
| Accruals and deferred | income | 15,327 | 9,500 | ||
| 44,124 | 928,614 | ||||
| 14 | Creditors: amounts | falling due after more than one year | |||
| 2022f | 2021f | ||||
| Grant commitments | 107,000 |
| Movement | in funds | |||
|---|---|---|---|---|
| Balance at | New | Utllisedi | Balance at | |
| SApril 2021 f |
designations f |
realised f |
5April 2S22f | |
| Jamie's Farm | 105,000 | 105,000 | ||
| Riding for the Disabled | 20,000 | 20,000 | ||
| Chron's 8 Collitis UK | 20,000 | 20,000 | ||
| ABC to Read | 15,000 | 15,000 | ||
| 160,000 | 180,000 |