| ITSTRUSTE | ES AND ADVISERS Fo | ES AND ADVISERS Fo | r the year ended 31 December 2021 | r the year ended 31 December 2021 | r the year ended 31 December 2021 | |||
|---|---|---|---|---|---|---|---|---|
| Trustees | The following are the | Trustees who served during the year | ||||||
| and are appointed | by | the Trustee body as and when necessary. | ||||||
| Ap olnted | Rest | ned | ||||||
| MrJ.A. Ford OBE | (Chair) | |||||||
| Ms N. Bell (Deputy | Chair) | 16/11/2021 | ||||||
| MrJ.Brooke Turner | 16/'t1/2021 | |||||||
| MrJ.Gittens | ||||||||
| Ms T. Mayhew | 31/01/2021 | |||||||
| Mrs H, McCabe | ||||||||
| Dr T.Murdoch | ||||||||
| MrJ.Ouvry | 16/11/2021 | |||||||
| Ms S.Worthington | 16/11/2021 | |||||||
| Shadow | ||||||||
| Trustee | Ms R, Williams Eyre (to |
be appointed as Trustee from May | 2022) | |||||
| Director | E McGrath | |||||||
| Address | The ldlewild Trust |
|||||||
| c/o RPG Crouch Chapman | LLP | |||||||
| Chartered Accountants |
||||||||
| 5th Floor, 14-16Dowgate | Kill | |||||||
| London EC4R 2SU | ||||||||
| Auditors | RPG Crouch Chapman | LLP | ||||||
| Chartered Accountants |
||||||||
| 5th Floor, 14-16Dowgate | Hill | |||||||
| London EC4R 2SU | ||||||||
| Solicitors | Charles Russell Speechlys | LLP | ||||||
| 5 Fleet Place | ||||||||
| London | ||||||||
| EC4M 7RD | ||||||||
| Bankers | CafCssh Limited |
|||||||
| Kings Hill, West Mailing | ||||||||
| Kent | ||||||||
| ME194TA | ||||||||
| Stockbroker | Rathbone Investment |
Management Limited |
||||||
| 8 Finsbury Circus |
||||||||
| London | ||||||||
| EC2M 7AZ | ||||||||
| Charity | ||||||||
| Number | 268124 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||||||
| Notes | Fund | Fund | |||||||
| Income from: | |||||||||
| investments | 140,076 | 144,659 | |||||||
| Total income | 140,076 | 144,659 | |||||||
| Expenditure on: |
|||||||||
| Raising funds | |||||||||
| Investment | management | costs | 30,877 | 23,022 | |||||
| Investment | dealing | charges | 9,570 | 17,726 | |||||
| Charitable activities |
|||||||||
| Grants | 108,035 | 125,255 | |||||||
| Salaries | 21,706 | 27,185 | |||||||
| Administration | costs | 24,321 | 17,060 | ||||||
| Total Expenditure | 194,509 | 210,248 | |||||||
| Net Expenditure | before gains on Investment | ||||||||
| assets | (54,433) | (65,589) | |||||||
| Gains on investment | assets and cost adjustments | 8 | 883,530 | 52,216 | |||||
| Net Income/(Expenditure) | S29,096 | (13,373) | |||||||
| Net movement | in | funds | 829,096 | (13,373) | |||||
| Reconciliation | offunds | ||||||||
| Total Funds at | 1 January 2020 | 6,495,505 | 6,508,87S | ||||||
| Total Funds at | 31December 2021 | 7,324,601 | 6,495,505 |
| 3 | Investment income |
||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020f | ||||||
| Income from investments | 140,076 | 144,574 | |||||
| Interest receivable | 85 | ||||||
| 140,076 | 'l44 656 | ||||||
| 4 | Charitable Grants |
2021f | 2020f | ||||
| Charitable Grants approved |
in the year to | 31December 2021 | |||||
| National Student Drama |
Festival | 2,500 | |||||
| The Hoibume Museum |
2,840 | ||||||
| English National Opera |
3,000 | ||||||
| Traverse Theatre | 3,000 | ||||||
| Drake Music | 4,000 | ||||||
| Studio Wayne McGregor | 4,895 | ||||||
| Artichoke Trust | 5,000 | ||||||
| Barbican Centre Trust | 5,000 | ||||||
| Buxton International Festival |
5,000 | ||||||
| Chatsworth House Trust |
5,000 | ||||||
| Honing with Crostwight |
PCC | 5,000 | |||||
| IMS Prussia Cove | 5,000 | ||||||
| London Symphony Orchestra |
5,000 | ||||||
| National Youth Jazz Orchestra |
5,000 | ||||||
| Oxford Lieder Festival | 5,000 | ||||||
| PCC ofPostlebury | 5,000 | ||||||
| Royal Opera Mouse | 5,000 | ||||||
| Shelfield Theatres | 5,000 | ||||||
| The Mozartists | 5,000 | ||||||
| Tresillian and Lamorran |
with Merther | PCC | 5,000 | ||||
| British Youth Opera | 5,000 | ||||||
| Talawa Theatre Company | 5,000 | ||||||
| 100,235 | |||||||
| 2021 Charitable Grants |
approved | in the year to 31December 2020 | |||||
| Ex Cathedra Ltd |
4.000 | ||||||
| Sound Festivat | 3,800 | ||||||
| 7,800 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| f | ||||||
| 4 | Charitable Grants (continued) |
|||||
| Charitable Grants approved |
ln the | year to | 31December 2020 | |||
| 20 Stories High | 3,000 | |||||
| Blue Elephant Theatre | 5,000 | |||||
| Brecon Beacons Music Trust | 3,850 | |||||
| British Library | 1,725 | |||||
| Cheltenham Festivals |
5,000 | |||||
| Donmar Warehouse | 5,000 | |||||
| Dunedin Consort Trust fdinburgh Art Festival |
3,000 3,000 |
|||||
| Glyndebourne | 2,500 | |||||
| Hackney Showroom (New Future Collective |
Ltd) | 4,000 | ||||
| Hexham Abbey PCC |
5,000 | |||||
| International Guitar Foundation |
5,000 | |||||
| Liverpool Everyman and Playhouse |
Theatres | 2,500 | ||||
| Maiden Voyage Dance Company | 5,000 | |||||
| Modem Art Oxford | 5,000 | |||||
| National Youth Choirs ofGreat |
Britain | 5,000 | ||||
| Orange Tree Theatre Ltd |
5,000 | |||||
| PCC of Brightling (StThomas |
a Becket) | 4.500 | ||||
| Pope's Grotto Preservation Trust |
2,000 | |||||
| PSAPPHA Ltd | 4,000 | |||||
| Royal Scottish National Orchestra |
5,000 | |||||
| Sinfonia Cymru | 2,000 | |||||
| StGiles Church South Mymms | 5,000 | |||||
| ' | StSaviour's Church Dartmouth |
5,000 | ||||
| The Blue Coat | 5,000 | |||||
| The Common Room ofthe Great North Ltd |
2,500 | |||||
| The Design Museum | 5,000 | |||||
| The Tenebrae Choir |
2,000 | |||||
| The Unicorn Preservation Society (HMS Unicorn) |
680 | |||||
| Tredington and Stoke Orchard |
PCC | (StJames' Church) | 5,000 | |||
| West Yorkshire Print Workshop |
4,000 | |||||
| World Heart Beat Music Academy | 5,000 | |||||
| 108,035 | 125,255 |
| 6 | Salaries | 2021 f |
2020 f | ||
|---|---|---|---|---|---|
| Salary ofTrust Director | 15,064 | 20,204 | |||
| Pension to | former employee | 6,350 | 5,402 | ||
| Contribution | to Trust Director's pension | plan | 293 | 1,010 | |
| Social Security costs | 569 | ||||
| 21,706 | 27,185 |
| 7 | Administration | 2021 | 2020 | |
|---|---|---|---|---|
| F | K | |||
| Office expenses | 11,066 | 6,181 | ||
| ITtransition costs |
2,274 | |||
| Meeting costs and networking | 1,154 | |||
| Property expenses | 4,046 | 5,949 | ||
| Professional fees |
947 | 986 | ||
| Legal fees | 720 | |||
| Audit fee | 3,120 | 3„120 | ||
| Auditors - other services | 335 | |||
| Disposal offixed assets | 795 | |||
| Depreciation | 178 | 489 | ||
| 24,321 | 17,060 | |||
| 8 | Fixed Asset Investments | 2021 | 2020 | |
| Quoted Investments | ||||
| Market value b/fwd |
6,339,385 | 6,251,064 | ||
| Additions | 1,490,843 | 1,473,519 | ||
| Cost adjustments | 10,588 | |||
| Disposals | (1,486,385) | (1,437,414) | ||
| Realised investment | gains/(losses) | 54,981 | (248,573) | |
| Unrealised investment |
gains | 828,549 | 300,789 | |
| Market value c/fwd |
7,237,961 | 6,339,385 | ||
| Cost c/fwd | 4,891,317 | 4,355,911 | ||
| UK Investments | 3,990,524 | 3,716,501 | ||
| Foreign investments | 3,236,844 | 2,622,884 | ||
| 7,227,368 | 6,339,385 |
| ONce | Benefactor | Benefactor | |||||
|---|---|---|---|---|---|---|---|
| 9 Tangible | Assets | equipment | software | Total | |||
| E | |||||||
| Cost | |||||||
| B/fwd | 3,344 | 8,283 | 11,627 | ||||
| Additions | 950 | 950 | |||||
| Disposals | (3,344) | (3,344) | |||||
| C/fwd | 950 | 8,283 | 9,233 | ||||
| Depreciation | |||||||
| B/fwd | 2,549 | 8,283 | 10,832 | ||||
| Charge for the year | 178 | 178 | |||||
| Elimination | (2,549) | (2,549) | |||||
| C/fwd | 178 | 8,283 | 8,461 | ||||
| Net Book | Value | ||||||
| At 31 December 2021 | 772 | 772 | |||||
| At 31 December 2020 | 795 | 795 | |||||
| 10 Debtors | 2021 | 2020 | |||||
| Due within | one year: | K | |||||
| Prepaym ants |
1,071 | 4,074 | |||||
| 'I1 Creditors | 2021 | 2020 | |||||
| Due within | one year: | F | |||||
| Trade creditors | 9,417 | ||||||
| Accruals | 15,749 | 11,188 | |||||
| Other creditors | 10,092 | ||||||
| 25,841 | 20,605 | ||||||
| 12 Financial | Instruments | 2021 | 2020 | ||||
| Financial assets measured | at fair value through | income and | |||||
| expenditure | 7,227,368 | 6,339,385 | |||||
| Financial assets measured | at fair value through | income and | expenditure | comprise the | charity's | investment | |
| porffolio. |