Charfty reglstratlon number 267325 G W LEIGH CHARITABLE TRUST ANNUAL REPORT AND UNAUOITED FINANCIAL 8TATEMENTS FOR THE YEAR ENDED S APRIL 2023
G W LEIGH CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Tru8ts•• Thomson Sno11 & P8ssrnre Trust coOr&0n Ltd Ann8 Leigh Charfty nurnb•r 267325 Prlnclpal •ddress 73 Comhijl Londjn EC3V 3QQ Admlnlstrator S. Whitney thd•wid•n¢ Examln•r S Cdeman ACA Gerakl Edelman 73 Comhill London EC3V 3QQ Bank•rn Couttg 440 Strand London WC2R OQS Sollcltor8 Thomson Snell & Pa3smore 214 Val8 Avenu9 Tunbrldge W&115 Kent TN1 1DJ InvMtrn•nt advlsorn LGT Wealth Management UK LLP 14 Cornhlll London EC3V 3NR
G W LEIGH CHARITABLE TRUST CONTENTS Pag8 Trustees. port St8temenl of Trustees, r88ponsibilities Independent examine¢s report Stateent ol financial activitles Balance she8t Notes to th8 accotsnts 8-15
G W LEIGH CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2023 The Trusteès present thgir annual report and 8ccwnts tre yoar ondd 5 Aprti 2023. Thg fln8nci81 sl8tements sl8lements comply wlth lh¥ Charitles A¢1 2011 and Stslemènt ol Recommended Pra¢lice for Accounting and Reportlng applicable lo charilles preparing Ihelr accounts In arLordance with the Financi4 Rèporting Siandards app11rAe in the UK and Ireland IFRS1021 IEffoctive l January 20191. Obl•1¥t$ and actlvttles The trust deed provides Ihat the Tfuslees may pay or apply the capital and incomè of the Trust for the benefit of such ch8rilable puiposes or instituliofts as Ihey rnay at their dsscretion delemine. The Trustees confimi that Ihey have rèferred to the guidanco contained In the Charity Commission'5 general gurdance on public benefit when re8wing the trust's aim5 and objècliv6s ar Salting tha grant making policy for lh8 year. In line with prior years the charily h39 continued ils long a(lopted policy of providing continued suppct to a variety ol chaiilable inslllutions for the pulAlc bene1 indudthg Ihose invglved in medlcal research and chari18ble cay$es relalSng lo the hom racing communlly. 11 Is tho polcy of the Trust¢es lo supporl a varf$ty of individu81 charfties malnty on a slngle don8llon basi8. Applicallons ale welcomed from other ch8rtlable inslilulions foi gTanls with no geogiaphical or other Ilmilallons apIe. Thè mèrits ol each appliealion are considered. and il raquiied, further research carried out prK)r Io 8 grani b8iryJ made. All Trustees give of their tlme freely and no trustees remuneration or other ben8ffts wero pald in the year under review. Achl•vements and porfomiJnce During the year under r&view the Trustees support•d various charitable insltlulions wilh lot81 grants mad8 as follows.. Racing, Sliiil ii Iirl Vè.Iprinaiy 8eaLrfort Coltage Education81 Twst- on4wing supwrt ol the Gernld LehJh Annual Veterinary Leuure for 5 years until 2026. 88aufort Coltag6 Educational Trust- Vètertn8ry Res8arch Schdarships for Und8rgraduate8 for 3 years. The Brilish Raclng scho - Gerald Lelgh Racing Exped•nce T8Bter We8ks - three onevW8ek r8sidentlal COUl$8s for Siudents. The Britlsh Racin9 School - Dlsuollonary A¢cesslbilJty Fund to support students wlth il&ms such as clothlng, rfding equipment. h8althcare, trav81 expenses etc. Inlernath'on81 Equine Reprodu¢tlon TTusI- oTrlin8 Velerin8ry Leciure S8ries for 3 years. Racing to SchooJ- School Edutration Programmè- 15 fijlly fund events. Racing Welfare - Kay Life Skftls Programme at tha Brlt15h Rac1rj School and Notion81 Horser8clng Collège. Raang WeWare- Outreach & Engagwnent orricer rrhoroughbred Stud & Bre¢ding Sector) for 3 years. W8vertre¢ Education Twsl - on*oing support for one student on the E2SE L3 Dipknia Course and a Scholarship Bursary lor Carèer Dgv8lopment in tho Thorou9hbr8d Industy until 2026. Wavertree Edu¢8tion Trust- Iwo x E2SE L2 students for 3 years. Wavèrtr8e Educèlion Tnjst - Di5uelionary ArLessibility Fund to support students wilh itèms dolhlng, equipment, heallhcaw. travel oxpenses etc such as
G W LEIGH CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 EduLdlion and Opportunity Assisting B8rkshirg Children to Read. Crohn's & Colfrtis- provislon of their Helplinè SeTrlces. The Duka of Edinburgh s Award- Resilience Fund- Youth Without Limits- helps existing youth groups In idenllfied deprlved areas to set up and delivèr the DofE Award and helps part1pants with 85so¢f8ted costs. Great Ormond Street Children s Ho4)ital- Castro Resoarch Proj8Ct. Jamie's Farm skipton - Fami Managèr's salary costs and a ¢onlrlbuth'on toward8 I1r acoJmmodat*)n costs for 3 years. PHAB- Rèsidential project for 40 adults 8tAvon TyTrll acllvity cenlre. Riding for the Dlsabl8d- Eduealion Programm8. Riding for th8 Dlsabled- Creative Writing Competlllon. Isl Wargrave Girfgui¢Jiro. Wargravè Pop-ln Club Wargrave Herft8ge Trust. years The 8riThsh Whealthair Sports IWh8elpowerl Int•r-Spinal Unit Games at Slok8 Mand&vlle Stadium 2 Flnanclal re¥W The net exp8nditure for the y68r amounted to £801,89012022 £147,428). The tot81 income was £56.96312022.' £58.2491 and was r8pros8nted by inv8Stment incom8. Expenditure In the year tolalled £748.394 12022 £293,436). The inrAease results from a hlgher lev&1 of grant exp8ndilure as ¢Jetailéd earfier in tlws report. Thg Trusloes heving revlewed th8 tulure planned charllabl¢ exponditure of charity telleve that reserves held at the balanc& sheet dale of £1.300,064 are not exeès8lvo and are nècessarily held to finance plannad annual commitmanls on an ongoing basis. The Trust8è8 conlinuafy revlew thelr inveslrnenl pollcy with Ihe Investmenl adv¢3ors. Prewou8ly the portfolio was invasled wth a view to the tnaximisalion ol Ihe overall relum on a mainly low risk basi$. In the year under reviow loss accrued on disposal and rovAlualion of E110,459. Durir Ihe year Ihe portfoliti was reinvèsted into fixed inler¢81 bonds whrch mature over the Short lem? in line wth the anlicipale(I commitments of the charity. Prlnclpaj rlsks and uneertalrrtle9 The Trustee5 have ass¢ssed the major risks to whh the Foundallon fac¢s, in p8rUcul8r those related to Its operations and lin8nc6S 8nd have dgveloped a ii$k man8gemenl str8tegy whlch Involv95 the followlng.. - an annua rgview of the Principal risks and uncort8ints8s that thg charity and ils subsidlaries face - the establishment of pollcres, sy3lem$ and procedures to midg8te iisky identified Ihe implèment8tion of prOdre$ designed to mlnimise or manage any potsntial impact on the charity should those risks rnateriali$&
G W LEIGH CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5APRIL 2023 Future plans The tru5t888 have adopted a strategy of expendlng the funds of the charity over a set perfod of tirne. Therefore much planning has taken a¢e to identify suitable opportunities which can benefit to the fu1188t 8Xtenl chariti8S operating in the areas which form the objects and activities a$ previously sel out. Struthre, governaneè and manay•mgnt The charity was 88tablished by 8 charitable trust deed on 21st March 1974. Thg Trustees who 58Ned durfng the year and up io the dale of slgnature ofthe finanel81 ststements wer8.. Mrs A M Leigh Thomson Sn811 & Passmora Trtt Corporation Limited The power of 8pKK)intmenl of new Trustees v8sts in the current Board. In seledng individua15 for appointment regard wlll be giv8n to their skllls, knowledge and experience needed lor the effectNe administration of the charity. The Trustees meet regularty on an Informal basis to review the charitys affairs and make decisions Ih8r80n. Such dacision5 are Imp18mented by Ms S.Whitney who de81s with the charityB affalrs on a day to day basis. The Trustees. reporl was 8PPiOV811 by the Board ol Trustees. Mrs A M Lelgh Trustee Dated.. 24 November 2023
G W LEIGH CHARITABLE TRUST STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 5 APRIL 2023 The Truslees are responslbl8 for pparing the Truste¢$' Report and the finandal slalemenls In accordance wllh applicable law and United Kingdom Accounting Standards IUnit8d Krngdom Generally Accepted AccountirKJ Praclicbl. Thè law applicablg to charilles in England and Wales requlrgs tha Trustges to prepara financk81 statèments for è8¢h flnan¢i81 yèar whieh give 8 true and fair Mew of the stste of affairs of the charity and ol the incoming resources and applicalion of resources of Ihe charity lor that ye8T. In prep8ring those fin8nc4al statem8nt8. the Trustees are required to.. ¥eleci suitabl¢ accotsnting policies and then apply them consl$lendy.' - observe the mathods and prtnciples in the Chariii8s SORP., - makg Judgements and estimates that are reasonabl8 and pnrdent.. stale whother 8ppIic8bla a(untIng standards hava been fdlow8d, subi8Ct to any material departures di8dos8d 8rKI explained In the financial *alemenls,- 8nd prepai8 the fiftancial statemènts on th8 going concem basis unless it is inappropriate to presume that th8 charity wll continue in operallon. The Trusteès are r8sponslble for keepsng sufficient a¢countSng records Ihal discloso wilh rèasonable aecuraey al any time the financial position ol the charily and enable them lo ensure Ihal the financial Stslements comply with Ihe Charit188 Act 2011, the Charity IA¢wunts and Reports) Regulati$ 2008 and tho provlsions of the trust deed. They are also responsible lor saleguaAling th? assets ol the charity and htrnce for takln9 reaStsnae 8leps for lh$ prevent and dtriectK)n ol fraud and oth6r irregulari1.
G W LEIGH CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF G W LEIGH CHARITABLE TRUST I report to the Trustees on my exarnlnaiK)n ol Ihe financlal statements ol G W Lolqh Charftallo Trust Ithe ¢harityl for th8 year ended 5April 2023. Responslbllltlos and basls of r•port As the Trustees of the charity you a responsible for the prep8r8tion of the financi81 statements in 8¢cordance with the requiremenis of the ch8rih.es Act 2011 (the 2011 Acti. I report in fas¢1 of my examination of the charity's financial st8tÈmenls cani8d out under section 145 of the 2011 Act. In carrying out my ex8minalion I have followed dl the 8pplicable Dlreotions given by the Charity Cornmission under $8clion 14515llbl of the 2011 A¢1. Independent •x•minefs statemènt Your attention is drawn to the fact that th8 charity has prepared financial statamenls in accordance with Accounting and ReportirKJ by Charities preparing their account$ In accordancè with the Financial Reporfing standard applicable in the UK and Republic ol Ireland IFRS 1021 in prelerence to the Aecountiry and Reporting by Charities.. Statement of Recommended Practh'ce issu8d on 1 April 2005 which referred to in the extant regulations but has now bean withdrawn. l understsnd that th15 has been done in order for fln8na81 statements to provhle a tru8 8nd fair vi8w in accordanc& with Genw81ty Accepted Accounltng Pfactlc8 elfèdNe for reporting ptrriods beglnntng on or aftor 1 January 2019. I have complèted rny examlnation. I confirm that Th) matters h8vg corne to my att8nllon In connèclion with the 8xarninalion giving me causo to b81ieve that in any material respèct.. a¢¢ounting records were not k•pt In reBpect of the ¢h8rity aB requlr8d by section 130 of the 2011 Act., or the fina131 8t8lernenls do not accord with those records," or th& financial stat8menis do not comply wrth the applicable requirem&nts concerning tha form and cont6nl of accounts set out in the Chariti8s IAccoLJnts and R8portsl RegUlaon$ 2008 other than any requirement Ihal thp accounts give g true and fair vSgw which is not a mat¢er conslda18d as part of an independent exafflina¢son. I have no concerns and hav8 come across no other matters In Connection with the examln8lK)n to which attentron shoukj be drawn In this report in order to enable a proper understat)din9 of the financial sts¢ernents to bè reached. Stephen Coleman ACA For and on b•half of Gerald Edèlman LLP 73 Cornhill London EC3V 3QQ Dated: 24 November 2023
G W LEIGH CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2023 Unr•strlctsd 0881gnat•d lund6 funds 8engral Total 2023 Total 2022 Not•$ mefr Investments $6,963 56,963 58,249 •ndl Rai&ng funds CharJtatrAe activltles 7,207 741.187 7.207 741,187 16.589 276,847 Total èxpendltur• 748,394 748,394 293,436 Net •xpendltur• before lnv¢m0nt r•tums N81 Ilossygains on Investments 1691.4311 {691,4311 1235,187) 1110.4591 {110.4591 87.759 Gwvss transfer¥ b6iween fijnds 15 160,000 1160,0001 Nèt éxp•ndlture for th• y•ar 1641.890) 1160,0001 1801,BW} {147,4281 1.941.954 160,000 2.101,954 2.249.382 Fund balances al 6 Ayril 2022 Fund balanees 41 S Aprll 2023 1.300.064 1,300,064 2.101,954
G W LEIGH CHARITABLE TRUST BALANCE SHEET ASAT5APRIL 2023 2023 2022 Not•s Flx•d as8019 Investrntrnls 10 1.591.775 2,214.087 Current ¥s•ts Debtor8 Cash at bank and in haTr 12 13,900 189,988 7.534 31,457 Cr•dltor8.' amounts lalllng du• TAthln on• y•ar 203.888 38,991 13 1298.0031 144,124) Not currgnt liabllltl•• 94.1151 15,1331 Total assets current Ilabllltle8 1.497,680 2.208,954 Credllor•'. amounts falllng du• after more than on• year 14 1197,5961 1107,CIJOI Net a8t$ 1.300,064 2.101.954 Incom• fund• Unrestricted funds- designatsd UnTrstricteiJ funds- general 15 160.000 1.941,954 1.300,064 1,3CiJ,064 2,101,954 Th& 8ccounts re approv8d by the Board of Trusi885 and authorised issue on 24 November 2023 and signed on Iheir behaw by: Mrs A Lelgh Tru8t••
G W LEIGH CHARITABLE TRUST BALANCE SHEET (CONTINUED) ASAT5APRIL 2023 Crltlcal aceountlng •8tlmates and ludym•nls In the 8ppllcation of the charfty's accounting pollcies. the Trustees are required to rnake judgements, estimates and a55umplions about the carrying amount ol assets and17abilillès thal are not readity apparonl from olhèr sourcès. The &slirnates and associated assumptions are based on historical &xporience and other factors that are constderf to be r818vant. Actu81 resulls may differ from Ihtrse estimates. Th8 estlmaleB and undedying asstsmpl¢ons ar8 rewewed on an ongolng basis. Revislons lo accounllng estiateS arè recognisèd in th8 period in which the estimate is revised wh8re th8 revision 8ff8cts only that peri(xl, or in the perK)d ol the rovision 8nd fvture periods where th& rews1 affects both cuff¢nl and futu pertods. Accountlng policie8 2.1 A¢cauntlng convgntlon The ounts have been prepared In accorda vthh Ihe charttl$ goveming document. the Ch8rrtles Acl 2011 and "AcrA)unling and Repryling by Charities.. Statement ol Recomrnended Pra¢lic& applicabl8 10 ¢hariti&s preparing their accounts in accordan wlh Ihe Financial Rèporling Standard applicable In the UK and Republic of Ireland IFRS 1021" las amended for accounling periods commonring from 1 January 20191. The chariiy is a Public B•ngfi'1 EntSly as delingd by FRS 102. The fi'nanrA81 stalem*nts have depBrled from the Charities (Accounts and Reports) Regulatitsns 2008 only to the extent required lo providg a true and fair view. This departure has involved Idlowing the Stalpmenl of Recommended Pra¢ti¢e for charilies applying FRS 102 ralhtrr than Ihe version of the Statèment of Recommendgd Practl¢e whlch 18 referfad to in thè Regulations but which hag since been withdrawn. The fin8ncial $18lernents are prepared In sterling. which 1$ the functional currency of the charity. Monelary amDunts in th85e financial statements are rounded to the n98iest £. The ac¢ounls have been prepared under the historical cost convention, nx)difi8d lo induije the revalu8tion of certaln financial Instruments al falr value. The prinelpal accDunting policies adopted are 591 out bgk)w. 2.2 Going eoncem At the time of approving Ihe financial slatem8nts, the Trv5t8es have a reasonable oxpectatlon that thè charily has adtrquale resourc&s lo continue in operalionol existance for the foresÈè8bl8 lulure. Thu5 the Trustees continue Io 8dopl the going conrtsm basls of accounting in preparing the financial statelnents. 2.3 Charltablg funds Unreslriclèd lunds are availa1e lor use at the discretion of the Trustees In furtherance of thelr charft8ble objectives.
G W LEIGH CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 A¢counllng pollcles (Cont[nu) 2A Incomlng resourcfrs Income is recogni58d when the charity is legally ontitled to il after any p•rfomance conditions have been met. the arnounts can b& measured relL4bly, 8nd rt is probable that income will be rec8ived. Investment income in the form of diwdends are induded in the financ181 slalements upon rtr¢eipl. Inlerest r8c8ivable Is Included on an accruals ba516. All othar income is Includa(l on an acCalS ba518. 2.5 R•sour¢g9 •xp•nd•d Liabilities are recognised as resource5 expended as 500n as ther8 is alegal or construthve obligalion ¢ommitting thè charity to the expenditure. All resourcès expended ale accounted for on an 8ccruals basis 8nd the irrecoverabl8 elemeni VAT is incfvjded in th8 8xpènse to which relates. Charitable expendittsre represents grants made to institutions which are included in the accounts when pald or wher8 a constructive oblig81ion exists al lh8 balance sheet date and a150 includès sUPPOrt costs. SupFK)rt costs indudes gov8mance costs comprising expendlture Involving the public 8ccounlabillly of the charity and Its compliance wlth regulation and gcth practi. Thesé costs includ8 Indendent examinallon and legal f888 and also thosè mgeling ils statutory obligations. 2.6 Fix•d asfjet Investmonts Fixed asset Inve$trnents ara initT8lly measured Èt Ir8nsaction price Éxcluding transaction costs, and are subsequently rn8asured al fail value al each rèporting dale. Changes in fair value arg rewnised in ng1 Incomellexpenditurel lor the year. Tr8nsacf¢on costs aw exp8nsed as Incurre(l. 2.7 Cash and ro¥h equlvalents Cash and cash equivalents indud8 Cash in hand, dew5its held at call vhth bank5. other shurt-temi liquid InvestrTEnts %•Mh origin81 rnaturities ol three months or les5, 8nd bank overdrafts. Bank overdrafts 8re shown within borrowings in eurrenl liaknlities. 2.8 Flnan¢ial injtrumenis Thè charity hès elected to apply Ihtt Provlslons of S8C1B 11 '8asic Financial InstnJmonls' and Sectlon 12 'Other Financial Inslwments Issues, of FRS 102 to all of 115 financial in5trurnents. Fln8nclal instrumènts are recognisad in the charlty's balance sheet when the charity bètx)me8 pariy to thè contr8Ctual provislon$ of the instrumènt. Flnonclal assets and 118bililies are offset. with the net amounts presented In the financial st81ements, when there 18 a legally enforc84ble right to set off the recognlsbd atnounts and ther8 18 an Intentn to $9tt18 on a net basis or to realis8 th8 8ssel and settlè the liability simultan80UsJy. Baslc financlal awets Basic finan¢i81 assets. which indude debtr)r5 and cash and b8nk b8nceS, ar8 initi'ally Measu(j at transaction pre Including tr&n$8dion costs and are subsequenlly cArri8d at amortlsed cosl using the effective Interest method unless the arr8ngemenl constitutes a finandng transaction, whafe the transactbn is mèasured at thè present value ol the future receipts dis¢ounted at 8 market rale of interesL Financial assets dassified as receivable within one year are not amortlsed.
G W LEIGH CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Accountlng polkles (Continued) aslc Ilnanclalllabllltles Basic flnancial Ilabilities, induding ¢r8dilors and bank108ns a Inlt1811y recognls8d at Irans8Ctlon prlee unless the arrangemenl conslilul•s a financing ¢ransaciion, where Ihe debt instrument ig measured al the present valuè of ihe hjlvre receipts discounted at a markol rale of inl8resl. Financial lia.11¢18S dassified as pay8b wilhln one year 8ffj not amortlsed. Debt instrurnents are subsequanuy carriad al amorts'sèd cost, using Ihe effecliv¢ interest rate m8thod. Derecognltion olllnanclal IlablllNes FinanGiJl liabilit8 8re d8r8wgnised wh8n the ch8rity's conlraclual oblvaalions èxpire OF a dischargéd or cancolled. 2.9 Taxatlon Ag 8 registered charity Ihè Soclety is exempt from taxation on its 8Ctwities whlch fall within thè gcope of section 505111 of the Taxes Act 1988 and section 256 01 thè Taxats'on of Chargeablè Gains Act 1992. Inv•stm•nts 2023 2022 Income frorn listed investrnents Bond Interest Income Interest receivable 25,201 30.445 1,317 31,721 26,519 56,963 58,249 Ralsing funds 2023 2022 na 7.207 16,589 10-
G W LEIGH CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 5 APRIL 2023 Ch•Tltabl• actlvltl•s 2023 2022 Grant funding of 8divities1$ge note 61 Tru51ees indemnity Insur8nce Support costs. adrninistratlon Independent examinalioft fees Professional fe&s Other governance costs 660,608 599 56,946 4.800 17,820 416 227.435 547 23,650 4,800 20.140 275 741.187 276.847 Grants payable 2023 2022 Grants to inslllutK)ns-. Bèaufort Cottage Educational Trust Veterinary SchcAarship Duke ol Edinburgh Award Assi51ing Berkshire Children to Reo¢J Crohn's & Colitis UK Jamies Farm HEROS Racing to School Riding for the Disab18d PHAB Wheelpower Brltish Racing School R3cing Wglfare Intèm81ional Equine R6products'on Trust The Wavertree Educational Tnjst Racing Foundatlon W8rgrav6 Gid Guid85 Wargrave Pop In Club TBA VAC Veterinary Research Injur8d Jockèys Fund Others Commifments no longer required 127,000 20.000 15.000 20,000 105,000 40,(M)O 25,500 21,320 17.500 60,000 24,500 142,039 30,(K)O 65,250 10.000 14,310 16,500 25,000 10.000 10.000 9.240 10.000 3.000 40,054 36,000 2,000 116,5571 385 660,606 227.43S Trustees None of the Trustees lor any rSon$ connècted with them) received any ramuneratitsn or b8nefit8 from th8 charity during the year. No expen58$ were rèlunded to the trustees in the y8ar. 11
G W LEIGH CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Employ••s The average monthly number of employees durtng the year waB', 2023 Numbor 2022 Numbor Total There were no ¢mpk)ye8s wh088 annual remunerat w88 more than £60,OCWJ. Net g•lnglllossul on Invegtm•nts 2023 2022 RevalUaOn of investmants G8ln on sale ol Investments Loss on èxchange of forai9n cuThency 151,8521 158,6071 11,841 76,016 1981 1110,4591 87,759 12-
G W LEIGH CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5APRIL 2023 10 Flx•d a¥s•t Inv•stm•nls Llst•d Investm•nts Cash In portfolio Totsl Cost or valuatlon At 05April 2022 Additlons luation changgs Change in ttash accounts DISSaI$ 2, 156.323 1,716.377 (51.8571 57,764 2,214.087 1.716.377 {51.857) 144,6151 {2,242,2171 (2.242.217) 144.615) AI 5April 2023 1,S78.626 13,749 1,591.775 Carrying amount At 05 April 2023 1,578.626 13,149 1.591,775 AI 05April 2022 2.156.323 57,764 2,214,087 Llstgd Invgslmènt* hdd a# followj: UK Borkls Foreign Bonds Other 543.280 770.459 264,887 1,578.626 13-
G W LEIGH CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 11 Flnan¢lal Instrumènts 2023 2022 Carrylng amount of ftn8ncial as$et8 Equily instruments meaBur&d at fair valJ& 1,591,775 2,214,087 Carrying amount of finan¢lal fiabilitles Measured al amortis&d cost 495.599 151.124 12 Debtors knounts falllng due whhln on• year: 2023 2022 Prepaym8nts and a¢cru8d incom8 13.9Th) 13 Crnditors: amounts falllng du• wlthin on? y•#r 2023 2022 Grant comrnitments Ac¢ruals and deforreil irrne 291,203 28.797 15.327 298,003 44.124 14 Cr•dltors: •mount$ falllng due after mor• than on• year 2023 2022 Grant commttm&nts 197,596 107,000 15 O•Jlgnat•d fvnds The sum of £160,000 has baen identhfied for potenilal grants and this sum has ba8n added as an a&lilion to designaled fund5 In the year ynder revlew.. Movgmont In funds 6April 2022 d•Jl9natlon$ BlllJnc• at r•allsgd SAprfl 2023 Jamle's F8rm Riding for the Di$abl8(J Crohn's & CollTrtss UK A8C lo Read 105,000 20.000 20.0(J) 15.000 1105.0001 120,0001 120.0001 15,[0) 160,000 {160,0001 14-
G W LEIGH CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5APRIL 2023 16 Rolatèd party transact5ons Dvring Ihe yaar th& sum of £13.380 was paid to Thomson Snell & Passmore18 company connected to the Trustees Thomson Snell & Passmore TrLJsI Corporalion Limltedl in raspect of SeIce5 Provlded to the chaity as regards legal and adminislrative mauets. 17 APB Ethlcal Standard rehvant cFrcumstanc•¥ In (xjmmon wtth many entit198 of our slze wg u$e our indepondgnt exgmlner8 to a881sl wlh the preparnts'on of th& aCUnIs. 18 Analysls of chang•s In net fund¥ The charity h&J no debt during the year. 15-