| Trustees | The following are the Trustees who | The following are the Trustees who | The following are the Trustees who | served during the year and | ||
|---|---|---|---|---|---|---|
| are appointed by the Trustee body |
as and when necessary. | |||||
| Ms N. Bell (Chair) | ||||||
| MrJ.Brooke-Turner | ||||||
| Mrs H. McCabe | ||||||
| DrT. Murdoch | ||||||
| Ms S.Worthington | ||||||
| Ms R.Williams Eyre |
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| Director | G Devlin-Jones | |||||
| Address | The Idlewild Trust | |||||
| c/o RPG Crouch Chapman | LLP | |||||
| Chartered Accountants |
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| 40 Gracechurch Street |
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| London EC3V OBT | ||||||
| Auditors | RPG Crouch Chapman | LLP | ||||
| Chartered Accountants |
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| 40 Gracechurch Street |
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| London EC3V OBT | ||||||
| Solicitors | Charles Russell Speechlys | LLP | ||||
| 5 Fleet Place | ||||||
| London | ||||||
| EC4M 7RD | ||||||
| Bankers | CafCash Limited |
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| Kings Hill, West Mailing |
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| Kent | ||||||
| ME194TA | ||||||
| Investment | Manager | Rathbone Investment |
Management | Limited | ||
| 8 Finsbury Circus |
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| London | ||||||
| EC2M 7AZ | ||||||
| Charity | Number | 268124 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||||
| Notes | Fundf | Fundf | |||||
| Income from | |||||||
| Investments | 169,983 | 159,531 | |||||
| Other income | 302 | ||||||
| Interest received | 1,590 | 285 | |||||
| Total income | 171,573 | 160,119 | |||||
| Expenditure on |
|||||||
| Raising funds | |||||||
| Investment management |
costs | 37,175 | 37,234 | ||||
| Charitable activities |
|||||||
| Grants | 192,593 | 174,264 | |||||
| Salaries | 26,001 | 25,955 | |||||
| Administration costs |
12,887 | 16,350 | |||||
| Total expenditure | 268,656 | 253,803 | |||||
| Net expenditure | before | gains | on investment | assets | (97,083) | (93,684) | |
| Gains (losses) | on investment | assets and cost | |||||
| adjustments | 186,437 | (917,830) | |||||
| Net income/(expenditure) | 89,354 | (1,011,514) | |||||
| Net movement | in funds | 89,354 | 1,011,514 | ||||
| Reconciliation | offunds | ||||||
| Total funds at 1 | January | 2022 | 6,313,087 | 7,324,601 | |||
| Total funds at 31 December 2023 | 6,402,441 | 6,313,087 |
| Notes | 2023 | 2022 | ||
|---|---|---|---|---|
| Fixed assets | ||||
| Investments | 6,284,415 | 6,117,326 | ||
| Tangible | assets | 356 | 534 | |
| 6,284,771 | 6,117,860 | |||
| Current | assets | |||
| Debtors | 10 | 1,425 | 1,330 | |
| Cash at | bank | 129,730 | 227,507 | |
| 131,155 | 228,837 | |||
| Current | liabilities | |||
| Creditors | ||||
| Amounts | falling due within | one | ||
| year | (13,485) | (33,611) | ||
| Net current assets | 117,670 | 195,226 | ||
| Total assets less current | liabilities | 6,402,441 | 6,313,087 | |
| Funds ofthe Charity | ||||
| Unrestricted | 13 | 6,402,441 | 6,313,087 |
| 4 | Charitable Grants |
2023f | 2022f | ||
|---|---|---|---|---|---|
| Charitable Grants |
approved | in the year to 31 | December 2023 | ||
| Birmingham Contemporary Music Group |
5,000 | ||||
| British Youth Opera | 5,000 | ||||
| Britten Sinfonia Ltd |
5,000 | ||||
| Cheltenham Festivals |
5,000 | ||||
| City Music Festival | 5,000 | ||||
| City of Birmingham | Symphony | Orchestra | 5,000 | ||
| Edinburgh Sculpture |
Works | 5,000 | |||
| English National Ballet School |
5,000 | ||||
| English National Opera |
5,000 | ||||
| ExCathedra - No. 1 | 5,000 | ||||
| Guitar Foundation &Festivals |
5,000 | ||||
| Headlong Theatre |
5,000 | ||||
| Iford Arts | 4,555 | ||||
| IMS Prussia Cove (Amscordi | Ltd) | 5,000 | |||
| Leighton Library |
4,685 | ||||
| Linen Hall (Belfast Library &Society) | 4,440 | ||||
| London Philharmonic |
Orchestra | 3,500 | |||
| London Symphony | Orchestra | 5,000 | |||
| Longborough Festival Opera |
5,000 | ||||
| Menagerie Theatre | Company | 4,459 | |||
| National Maritime Museum |
5,000 | ||||
| National Theatre | 5,000 | ||||
| Northern |
4,700 | ||||
| Oxford Lieder (Ox intl Song Festival) | 5,000 | ||||
| PCC ofTrotton with | Chithurst | 5,000 | |||
| Royal Philharmonic | Society | 4,000 | |||
| Salisbury Cathedral |
5,000 | ||||
| Scottish Chamber Orchestra |
5,000 | ||||
| South Carlton PCC | (StJohn the Baptist) | 4,000 | |||
| Southbank Sinfonia |
3,996 | ||||
| St Nicholas &St Mary Church |
Stowey | 5,000 | |||
| Stanley Arts | 3,500 | ||||
| Stellar Quines | 4,850 | ||||
| The Old Vic | 5,000 | ||||
| The Photographers' | Gallery | 5,000 | |||
| The Society for the | Protection | ofAncient Bdgs | 5,000 | ||
| Theatre and Dance | Nl | 5,000 | |||
| Ulster Orchestra Society |
4,500 | ||||
| Welsh National Opera |
4,000 | ||||
| Worthing Theatres |
& Museum | 5,000 | |||
| Young Musicians Symphony |
Orchestra | 4,000 | |||
| 4 | Charitable Grants |
(continued) | 2023f | 2022 | |
| Charitable Grants |
approved | in the year to 31 | |||
| December 2022 | |||||
| Barnsley Museums | and Heritage Trust | 2,310 | |||
| Ballet Black | 5,000 | ||||
| Britten Pears Arts | 3,000 | ||||
| Charles Wood Summer School | 3,800 | ||||
| Citymoves Dance Agency |
5,000 | ||||
| 15 |
| Coldharbour Mill Trust Ltd |
Coldharbour Mill Trust Ltd |
5,000 | |||||
|---|---|---|---|---|---|---|---|
| Dulwich Picture Gallery |
5,000 | ||||||
| FACT | 5,000 | ||||||
| I ake District Summer Music |
3,700 | ||||||
| North East Theatre Trust | 5,000 | ||||||
| The National Youth Theatre |
5,000 | ||||||
| Greenwich Foundation Royal Northern |
Colleg | 5,000 | |||||
| Orchestra ofthe Age of | Enlightenment | 4,000 | |||||
| Parochial Church Council |
(StPeter's Church | , Ealing) | 4,846 | ||||
| Philharmonia Ltd |
5,000 | ||||||
| Samling Institute for Young Artists |
5,000 | ||||||
| Southwick Parochial Church Council |
2,500 | ||||||
| StPeters PCC (StPeter's | Church, Tiverton) | 4,250 | |||||
| Tara Arts Group Ltd |
5,000 | ||||||
| The Yard Theatre Limited |
5,000 | ||||||
| Tunnell Trust | 4,000 | ||||||
| Arcangelo | 5,000 | ||||||
| Birmingham Royal Ballet |
4,000 | ||||||
| Liverpool 8 Merseyside | Theatres Trust | 3,000 | |||||
| Northern Ballet |
4,500 | ||||||
| Orange Tree Theatre | 5,000 | ||||||
| RSNO Society Ltd | 5,000 | ||||||
| The Design Museum | 5,000 | ||||||
| Ballet Rambert Ltd |
4,859 | ||||||
| British Film Institute-Appeal | 2,000 | ||||||
| Glencoe Folk Museum | 1,249 | ||||||
| Huguenot Heritage Centre |
5,000 | ||||||
| Lichfield Cathedral | 2,250 | ||||||
| Salford Diocesan Trust | 5,000 | ||||||
| National Youth Ballet |
5,000 | ||||||
| Donmar Warehouse | 5,000 | ||||||
| Apples and Snakes | 5,000 | ||||||
| McNicol Ballet Collective | 5,000 | ||||||
| Opera Holland Park |
5,000 | ||||||
| Pioneer Theatres | 5,000 | ||||||
| 194,185 | 174,264 | ||||||
| 2022 Charitable Grants |
repaid in the |
year | to 31 December 2023 | ||||
| Lichfield Cathedral | (1,592) | ||||||
| 192,593 | 174,264 | ||||||
| 5 | Trustees' remuneration |
and expenses | |||||
| During the year, Nancy | Bell received reimbursement | for travel expenses of8202 (2022:anil). | |||||
| 6 | Salaries | 2023 | 2022 | ||||
| F | |||||||
| Salary ofTrust Director | 20,000 | 20,000 | |||||
| Pension to former employee | 5,588 | 5,646 | |||||
| Contribution to Trust Director's pension |
plan | 413 | 310 | ||||
| 26,001 | 25,955 |
| 7 | Administration | 2023 f | 2022 f | |
|---|---|---|---|---|
| Office expenses | 6,869 | 11,112 | ||
| Meeting costs and networking | 230 | 781 | ||
| Professional fees | 1,931 | 726 | ||
| Audit fee | 3,679 | 3,492 | ||
| Depreciation | 178 | 238 | ||
| 12,887 | 16,350 | |||
| 8 | Fixed Asset Investments Quoted Investments |
2023 f | 2022 f | |
| Market value b/fwd |
6,117,326 | 7,227,368 | ||
| Additions | 2,199,31 | 2,621,994 | ||
| Disposals | (2,218,979) | (2,814,207) | ||
| Realised investment | gains/(losses) | (62,272) | (590,801) | |
| Unrealised investment |
gains | 248,709 | (327,028) | |
| Market value c/fwd | 6,284,415 | 6,117,326 | ||
| Cost c/fwd | 5,340,866 | 5,299,942 | ||
| UK Investments | 3,294,073 | 3,094,387 | ||
| Foreign Investments | 2,990,342 | 3,022,939 | ||
| 6,284,415 | 6,117,326 |
| Depreciation | |||||
|---|---|---|---|---|---|
| B/fwd | 416 | 8,283 | 8,699 | ||
| Charge for the year | 178 | 178 | |||
| Elimination | |||||
| C/fwd | 594 | 8,283 | 8,877 | ||
| Net Book Value | |||||
| At 31 December 2023 | 356 | 356 | |||
| At 31 December 2022 | 534 | 534 | |||
| 10 | Debtors | 2023 | 2022 | ||
| Due within one year | |||||
| Due within one year: | |||||
| Prepayments | 1,425 | 1,330 | |||
| 1,425 | 1,330 | ||||
| 11 | Creditors | 2023 | 2022 | ||
| Due within one year | |||||
| Trade creditors | 10 | 598 | |||
| Accruals | 13,395 | 12,932 | |||
| 13,485 | 33,611 | ||||
| 12 | Financial instruments |
2023 | 2022 | ||
| K | |||||
| Financial assets measured | at fair value through | ||||
| income and expenditure | 6,284,415 | 6,117,326 |