| CHARITY | ||||||||
|---|---|---|---|---|---|---|---|---|
| REGISTRATION NUMBER: | 269183 | |||||||
| REGISTERED ADDRESS: | 10Buckingham | Gate | ||||||
| London | ||||||||
| SWIE6LA | ||||||||
| TRUSTEES: | The Hon. Sir James | Leigh-Pemberton | CVO (retired 4 | |||||
| December 2021) | ||||||||
| Edward Harley | OBE(appointed | 4 December 2021) | ||||||
| Alastair Martin | ||||||||
| Colonel Edward Bolitho OBE(retired | 15December 2021) | |||||||
| Mrs Catherine | Mead | OBE | (retired 15 | December 2021) | ||||
| James Williams | (appointed | 14June 2022) | ||||||
| Gill Pipkin (appointed | 14June 2022) | |||||||
| SECRETARY: | Teny Cotter | |||||||
| 10Buckingham | Gate | |||||||
| London | ||||||||
| SWIE 6LA | ||||||||
| BANKERS: | Coutts &Co. | |||||||
| 440 Strand | ||||||||
| London | ||||||||
| WC2R OQS | ||||||||
| INVESTMENT MANAGER: | Newton Investment |
Management | Limited | |||||
| BNY Mellon Centre | ||||||||
| 160Queen Victoria | Street | |||||||
| London | ||||||||
| EC4V 4LA | ||||||||
| AUDITORS: | SRG (AUDIT) | LLP | ||||||
| 10Bolt Court | ||||||||
| London | ||||||||
| EC4A 3DA | ||||||||
| SOLICITORS: | Farrer &Co. | |||||||
| 66 Lincoln's Inn Fields |
||||||||
| London | ||||||||
| WC2A 3LH |
| FOR THK | YEAR EN | YEAR EN | DED 30JUNE | 2022 | ||
|---|---|---|---|---|---|---|
| General | Designated | Total | Total | |||
| Fund | Fund | 2022 | 2021 | |||
| f. | ||||||
| Incoming resources | ||||||
| Incoming resources |
from | |||||
| generated funds: |
||||||
| Investment income |
(Note 2) | 117,006 | - | 117,006 | 102,852 | |
| Donations (Note 3) |
200,000 | 200&000 | 200,000 | |||
| Total incoming resources |
117 | 006 | 200 000 | 317006 | 302 852 | |
| Resources expended | ||||||
| Costs ofgenerating | funds: | |||||
| Direct charitable activities: |
||||||
| Grants (Note 4) | 261,450 | 261,450 | 295,882 | |||
| Governance costs (Note 5) |
4,990 | 4,990 | 5,230 | |||
| Trustee expenses reimbursed | 174 | 174 | ||||
| Total resources expended | 266,614 | - | 266614 | 301 112 | ||
| Net outgoing resources | for the year | |||||
| before (loss)/gain on investments |
(149,608) | 200,000 | 50,392 | 1,740 | ||
| Unrealised (loss)/gain on |
||||||
| investment assets (Note |
6) | 208 929 | 208 929 | 734 823 | ||
| Net movement in funds |
149,608 | 8,929 | 158,537 | 736,563 | ||
| Fund balances brought | forward | 85 | 6,369,820 | 6,369,905 | 5,633,342 | |
| Transfer | 150,000 | (150,000) | ||||
| Fund balances carried forward | 477 | 6,210,891 | 6211368 | 6,369905 |
| 2022 | 2021 | ||
|---|---|---|---|
| UK investment | income | 116,464 | 102,755 |
| Bank interest | 542 | 97 |
| Cornwall Community Foundation |
Cornwall Community Foundation |
(Environmental | (Environmental | and Marine Fund) | 100,000 |
|---|---|---|---|---|---|
| Comwall Community Foundation |
(Cornwall | Crisis Fund) | 40,000 | ||
| Cornwall Historic Churches |
Tmst | 35,000 | |||
| Chapter ofTruro Cathedral | 30,000 | ||||
| Cornwall Community Foundation |
(Young Carers | Fund) | 10,000 | ||
| Samaritans ofComwall | 5,000 | ||||
| Sea Sanctuary | 5,000 | ||||
| StAustell PCC —Trinity Centre Project | 5,000 | ||||
| Trevone Village Hall | 4,200 | ||||
| Wetwheels SWCIC |
3,500 | ||||
| Soil Association | 2,500 | ||||
| Asthma Relief | 2,000 | ||||
| Epic Gigability | 2,000 | ||||
| Trevurvas Pond Restoration |
1,000 | ||||
| Revd Canon Perran Gay | 1,000 |
| Movement | in fixed | asset investments: | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Market | value I |
July | 5,310,392 | 4,575,569 |
| Add: net (loss)/gain on revaluation |
(208,929) | 734,823 | ||
| Market | value as | at 30 June | 5 101463 | 5,310,392 |
| Investments | at market value comprised: | |||
| 2022 | 2021 | |||
| f. | ||||
| Global | balanced | fund | 5,101,463 | 5,310,392 |
| Market | value as | at 30June | 5,101,463 | 5,310392 |
| 2022 | 2021 | ||
|---|---|---|---|
| g | |||
| UK investment | income | 35,2SS | 33,006 |
| Bank interest | 350 | 8 | |
| 35638 | 33 014 |
| 2022 | 2021 | |
|---|---|---|
| Grants | 317700 | 2,000 |
| Other creditors | 10,414 | 10,230 |
| 42,114 | 12,230 | |
| Analysis ofnet assets by fund |
| 30June 2022 | 30June 2022 | |
|---|---|---|
| General | Designated | |
| Investments | 5,101,463 | |
| Current assets | 42,591 | 1,109,428 |
| Current liabilities | (42,114) | |
| 477 | 6,210,891 |