| Trustees | ThomsonSnell & Passmore Trust CorporationLtd |
|---|---|
| AnnaLeigh | |
| Gharitynumber | 267325 |
| Principaladdress | 73Cornhill |
| London | |
| EC3V3QQ | |
| Administrator | S.Whitney |
| IndependentExaminer | HPatelFCCA |
| GeraldEdelman | |
| 73Cornhill | |
| London | |
| EC3V3QQ | |
| Bankers | Coutts |
| 440 Strand | |
| London | |
| WC2ROQS | |
| Solicitors | ThomsonSnell & Passmore |
| 2l4YaleAvenue | |
| TunbridgeWells | |
| Kent | |
| TN11DJ | |
| lnvestment advisors | LGTWealthManagement UK LLP |
| 14 Cornhill | |
| London | |
| EC3V 3NR |
| Page | |
|---|---|
| Trustees'report | 1-3 |
| StatementofTrustees' responsibilities | 4 |
| lndependent examiner's report | 5 |
| Statementoffinancial activities | 6 |
| Balance sheet | 7 |
| Notes to the accounts | 8-15 |
| UnrestrictedDesignated funds funds |
UnrestrictedDesignated funds funds |
Total 2024 |
Total 2023 |
|||
|---|---|---|---|---|---|---|
| Notes | generalIs | f | t | |||
| lncomefrom: | ||||||
| lnvestments | 3 | 45,990 | 45,99056,963 | |||
| Exoenditure on: | ||||||
| Raising funds | 4 | 8,970 | 8,970 | 7,207 | ||
| Charitable activities | 5 | 404,972 | 404,972 | 741,187 | ||
| Totalexpenditure | 413,942 | 413,942 | 748,394 | |||
| Netexpenditurebeforelnvestment returns | (367,952) | (367,e52) | (691,431) | |||
| Net gain/(loss) on investments | 10 | 19,179 | 19,179 | (110,45e) | ||
| Gross transfers between funds | l5 | (270,471) | 270,471 | |||
| Netexpenditure fortheyear | (619,244) | 270,471 | (348,773) | (801,8s0) | ||
| Fund balances at6April 2023 | 1,300,064 | 1,300,064 | 2,101,954 | |||
| Fund balances at 5 April2O24 | 680,820 | 270,471 | 951,291 | 1,300,064 | ||
| : | : |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | Ê | € | Ê | â | |
| Fixed assets | |||||
| lnvestments | 11 | 1,1 | 55,696 | 1,591,775 | |
| Current assets | |||||
| Debtors | 12 | 4,797 | 13,900 | ||
| Cash at bankandin hand | 87,063 | 189,988 | |||
| 91,860 | 203,888 | ||||
| Creditors: amountsfallingduewithinone | t3 | ||||
| year | (e2,457) | (2e8,003) | |||
| Netcurrentliabilities | (se7) | (e4,115) | |||
| Total assets lesscurrent Iiabilities | 1,'t | 55,099 | 1,497,660 | ||
| Greditors: amountsfallingdue after more | 14 | ||||
| than oneyear | (203,808) | (1e7,5e6) | |||
| Netassets | 951,291 | 1,300,064 | |||
| lncomefunds | |||||
| Unrestrictedfunds | |||||
| Designatedfunds | 15 | 270,471 | |||
| General unrestrictedfunds | 680,820 | 1,300,064 | |||
| Unrestricted funds-general | 680,820 | 1,300,064 | |||
| 951,291 | 1,300,064 | ||||
| : |
| 2024 | 2023 | |
|---|---|---|
| € | f | |
| lncomefrom listed investments | 21 | 25,201 |
| Bondlnterest lncome | 43,448 | 30,445 |
| lnterestreceivable | 2,521 | 1,317 |
| 45,990 | Tfi | |
| Raising funds | ||
| 2024 | 2023 | |
| f | Ê | |
| lnvestmentmanaqement | 8,970 | 7,207 |
| : |
| 2024 | 2023 | |
|---|---|---|
| € | f, | |
| Grant funding of activities (see note 6) | 276,668 | 660,606 |
| Trustees indemnity insurance | 308 | 599 |
| Support costs - administration | 90,038 | 56,946 |
| lndependent examinationfees | 4,800 | 4,800 |
| Professional fees | 32,400 | 17,820 |
| Other governance costs | 758 | 416 |
| 404,972 | 741,187 |
| 6 | Grants payable | 404,972 | 741,187 |
|---|---|---|---|
| 2024 | 2023 | ||
| Ê | Ê | ||
| Grantstoinstitutions: | |||
| Beaufort Cottage Educational Trust | 34,000 | ||
| Duke of Edinburgh Award | 20,000 | 20,000 | |
| British RacingSchoolDukeofEdinburgh AwardGoldResidential | 7,833 | ||
| Assisting Berkshire ChildrentoRead | 15,000 | ||
| Crohn's & Colitis UK | 20,000 | ||
| Jamies Farm | 105,000 | ||
| HEROS | 10,676 | 40,000 | |
| Racing to School | 92,165 | 25,500 | |
| Riding fortheDisabled | 21,320 | ||
| PHAB | 10,500 | 17,500 | |
| Wheelpower | 60,000 | ||
| British Racing School | 57,546 | 24,500 | |
| Racing Welfare | 142,039 | ||
| lnternational Equine Reproduction Trust | 10,000 | 30,000 | |
| The Wavertree Educational Trust | 3,708 | 65,250 | |
| New Beginnings | 35,000 | ||
| Wargrave Girl Guides | 5,000 | 10,000 | |
| Wargrave PoplnClub | 3,000 | ||
| TBA VAC Veterinary Research | 40,054 | ||
| lnjured Jockeys Fund | 36,000 | ||
| Others | 25; | 2,000 | |
| Commitments nolongerrequired | (10,010) | (16,557) | |
| 276,668 | 660,606 | ||
| 7 | Net movementin funds | 2024 | 2023 |
| Ê | Ê | ||
| The net movementinfundsis stated after charging | |||
| Fees payable forthe independentexamination of the charity's financial | |||
| statements | 4,800 | 4,800 | |
| : |
| 2024 | 2023 |
|---|---|
| Number | Number |
| 2024 | 2023 | |
|---|---|---|
| f | f | |
| Revaluationofinvestments | 23,352 | (51,852) |
| Loss on saleofinvestments | (4,173) | (58,607) |
| 19,179 | (110,459) |
| Listed | Gash in | Total | |||
|---|---|---|---|---|---|
| investments | portfolio | ||||
| Ê | I | I | |||
| Gost orvaluation | |||||
| At05April 2023 | 1,578,626 | 13,149 | 1,591,775 | ||
| Additions | 696,042 | 696,042 | |||
| Valuation changes | 23,352 | 23,352 | |||
| Changeincashaccounts | (2,e60) | (2,e60) | |||
| Disposals | (1,152,513) | (1 | ,152,513) | ||
| At5April 2024 | 1,145,507 | 10,189 | 1,155,696 | ||
| Garryingamount | |||||
| At05April 2024 | 1,145,507 | 10,189 | 1 | ,155,696 | |
| : | |||||
| At05April 2023 | 1,578,626 | 13,149 | 1,591,775 | ||
| : | : | ||||
| Listed investmentsheldasfollows: | |||||
| â | |||||
| UKBonds | 192,712 | ||||
| Foreign Bonds | 482,795 | ||||
| Cash Funds | 470,000 | ||||
| 1,145,507 |
| 12 | Debtors | ||
|---|---|---|---|
| 2024 | 2023 | ||
| Amountsfallingduewithinone year: | f | f | |
| Prepayments and accrued income | 4,797 | 13,900 | |
| 13 | Greditors: amounts fallingduewithinoneyear | ||
| 2024 | 2023 | ||
| Ê | I | ||
| Grant commitments | 76,000 | 291,203 | |
| Accrualsanddeferred income | 16,457 | 6,800 | |
| 92,457 | 298,003 |
| 2024 | 2023 | |
|---|---|---|
| Ê | f | |
| Grant commitments | 203,808 | 197,596 |
| : |
| Movement infunds | Movement infunds | Movement infunds | |||
|---|---|---|---|---|---|
| Balanceat New Utilised/ 6April2023designationsrealised ÊÊÊ |
Balance at 5April2024 I |
||||
| Beaufort Cottage Educational Trust | 30,000 | 30,000 | |||
| Jamie's Farm | 75,678 | 75,678 | |||
| British Racing School | 52,311 | 52,311 | |||
| DukeofEdinburgh Award Scheme | 40,000 | 40,000 | |||
| Phab | 32,482 | 32,482 | |||
| Wheelpower | 40,000 | 40,000 | |||
| ,rr,*: | 270,471 |