| Legal and administrative information | 1 |
|---|---|
| Report of the trustees | 2 |
| Report of the independent auditors to the trustees | 10 |
| Statement of financial activities | 14 |
| Statement offinancial position | 15 |
| Notes to the financial statements | 16 |
| Unrestricted | Unrestricted | 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| income | capital | Total | Total | |||||||
| Notes | ||||||||||
| INCOME AND ENDOWMENTS | ||||||||||
| Investment income |
2 | 359, 590 | 359,590 | 342, 117 | ||||||
| Total income |
359, 590 | 359, 590 | 342, 117 | |||||||
| EXPENDITURE ON |
||||||||||
| Raisingfunds | ||||||||||
| Investment management |
fees | 3 | 29,081 | 29, 080 | 58, 161 | 57, 234 | ||||
| Charitable activities |
4, | 5 & | 6 | 370,488 | 20, 488 | 390, 976 | 378, 703 | |||
| Other | ||||||||||
| Governance costs |
5 & | 7 | 15, 086 | 15, 087 | 30, 173 | 17, 377 | ||||
| Total expenditure | 414,655 | 64, 655 | 479, 310 | 453, 314 | ||||||
| Net income/( expenditure) | 55, 065) | 64, 655) | 119,720) | 111, 197) | ||||||
| Other recognised gains | and | losses | ||||||||
| Realised ( losses)/ gains |
on investments | 8 | 55, 123) | 55, 123) | 106, 564 | |||||
| Unrealised ( losses)/ gains |
on investments | 8 | 137, 516) | 137, 516) | 1, 539, 666 | |||||
| Other gains / ( losses) | ||||||||||
| Exchange gains/( losses) | 811 | 811 | 1, 622 | 20, 760) | ||||||
| Total recognised gains |
and losses | 811 | 191, 828) | 191, 017) | 1, 625, 470 | |||||
| Net movement in funds | ( | 54, 254) | 256, 483) | 310, 737) | 1, 514, 273 | |||||
| Reconciliation of funds |
||||||||||
| Total funds brought forward 06 April | 2021 | 173, 659 | 10, 853, 918 | 11, 027, 577 | 9, 513, 304 | |||||
| Total funds carried forward |
05 April 2022 | 119, 405 | 10,597,435 | 10,716,840 | 11, 027,577 |
| Notes | 2022 | 2021 | ||
|---|---|---|---|---|
| FIXED ASSETS |
||||
| Investments at market value | 8 | 10, 515, 334 | 10, 783, 243 | |
| CURRENT ASSETS |
||||
| Cash at bankibroker | 9 | 207, 518 | 248, 667 | |
| Debtors | ||||
| Loan receivable | 10 | 27, 646 | 27, 075 | |
| 235, 164 | 275, 742 | |||
| LIABILITIES | ||||
| Creditors falling due within one year | 11 | 33, 658 | 31, 408 | |
| NET CURRENT ASSETS |
201, 506 | 244, 334 | ||
| TOTAL NET ASSETS | 10, 716, 840 | 11, 027,577 | ||
| THE FUNDS OF THE CHARITY | ||||
| Unrestricted income |
funds | |||
| Capital account | 10, 597, 435 | 10, 853, 918 | ||
| Income account |
119, 405 | 173, 659 | ||
| UNRESTRICTED FUNDS |
12 | 10, 716, 840 | 11, 027, 577 |
| INVESTMENT INCOME | 2022 | 2021 | |||
|---|---|---|---|---|---|
| Dividends -UK equities | 133, 366 | 124, 299 | |||
| Interest —fixed interest securities & |
funds | 226,224 | 217, 818 | ||
| 359, 590 | 342, 117 | ||||
| INVESTMENT MANAGEMENT |
FEES | 2022 | 2021 | ||
| Investment management fees,inclusive |
of custodian | charges | 58,161 | 57,234 | |
| This is split equally between capital | and | income. |
| 4. | GRANTS AWARDED | 2022 | |
|---|---|---|---|
| f. | |||
| Above and Beyond |
3, 000 | ||
| Activeens | 2,000 | ||
| Adventure Ashram |
2,000 | ||
| Alexander Devine Childrens'Hospice Service | 2,000 | ||
| Alice House Hospice | 5, 000 | ||
| Archdiocese of Cardiff |
4,000 | ||
| Arthur Rank Hospice charity | 2,000 | ||
| Barnsley Hospital charity | 4,000 | ||
| Brecknock PlayNetwork | 2,000 | ||
| Brighterway | 2,000 | ||
| British Disabled Angling Association | 2,000 | ||
| British Red Cross Society re Haiti Appeal | 10, 000 | ||
| British Red Cross Society re Ukraine Appeal | 10, 000 | ||
| Canine Partners for Independence |
2,000 | ||
| Care for Carers | 2,000 | ||
| Care for Veterans | 4,000 | ||
| Children with Cancer Fund |
5, 000 | ||
| Childrens' Heart Federation |
3, 000 | ||
| Childrens'Sailing Trust | 2,000 | ||
| Clic Sargent charity | 2,000 | ||
| Community Action Ghana |
4,000 | ||
| Coram' s Fields |
2,000 | ||
| Creating Adventures | 2,000 | ||
| Demelza House Childrens' |
Hospice | 3, 000 | |
| Dementia Support |
2,000 | ||
| Derventio Charitable Trust |
2, 000 | ||
| Diocese of Westminster |
3, 000 | ||
| Douglas Bader Foundation |
5, 000 | ||
| Elizabeth Rogers-Rose Road Association | 4, 000 | ||
| Enham Trust | 3, 000 | ||
| Sub -total carried forward |
100, 000 |
| 4. | GRANTS AWARDED ( continued) | 2022 |
|---|---|---|
| Sub -total brought forward |
100,000 | |
| Ethel Community Barge manual | 5, 000 | |
| Gospel Oak Community Forum | 4,000 | |
| Great Western Air Ambulance charity | 3, 000 | |
| Hannah' s Holiday Home Appeal | 5, 000 | |
| Headway Portsmouth and South East Hampshire | 2,000 | |
| Headway Thames Valley Limited | 2,000 | |
| Hospice Isle of Man |
3, 000 | |
| Jacaranda UK Foundation |
2,000 | |
| JPC Community Farm | 4,000 | |
| Kids Konnect | 5,000 | |
| Leeds Hospitals Charity | 3, 000 | |
| Leeds Mencap | 2, 000 | |
| Listening Books | 5, 000 | |
| London Wheelchair Rugby Club | 5, 000 | |
| Martin House | 5, 000 | |
| Menicho Vesimcho |
4,000 | |
| Motor Neurone Disease Association |
3, 000 | |
| Mytime Young Carers | 3, 000 | |
| NAR The Breathing Charity | 4,000 | |
| National Youth Theatre of Great Britain | 4,000 | |
| Noah' s Ark Childrens'Hospice | 3, 000 | |
| North Yorkshire Hospice Care | 3, 000 | |
| Oakfield (Eastern Maudit)Limited | 4,000 | |
| Ospreys Wheelchair Rugby | 5, 000 | |
| Overgate Hospice |
3, 000 | |
| Priors Court Foundation | 2,000 | |
| Refreshing Minds |
2,000 | |
| Rowcroft House Foundation | 2,000 | |
| Royal National Institute ofBlind People | 3, 000 | |
| Salvation Army UK | 25, 000 | |
| Sub -total carried forward |
225, 000 |
| 4. | GRANTS AWARDED ( continued) | 2022 |
|---|---|---|
| f. | ||
| Sub -total brought forward | 225, 000 | |
| Sandhurst Day Centre | 3, 000 | |
| Save the Children -Emergency Appeal | 10,000 | |
| Scampdoodles charity | 5, 000 | |
| Seashell Trust |
3, 000 | |
| Separated Child Foundation |
5, 000 | |
| Side by Side School Limited | 2, 000 | |
| Solihull Moors Foundation |
4,000 | |
| Sport in Mind |
2, 000 | |
| St Catherine' s Hospice Lancashire |
3, 000 | |
| St Clare Hospice | 4,000 | |
| St Elizabeth Hospice |
4,000 | |
| St Wilfreds Hospice |
4,000 | |
| Sunshine Wishes Childrens'Charity | 3, 000 | |
| Teen Action | 2,000 | |
| Thames ValleyAir Ambulance | 2,000 | |
| The Childrens' Trust |
5, 000 | |
| The Ciao Foundation | 3, 000 | |
| The Connection at St Martin in the Field | 25, 000 | |
| The Ickle Pickle Partnership Limited | 3, 000 | |
| The Link Foundation | 4,000 | |
| The Markfield Project | 3, 000 | |
| The Martlets Hospice |
4,000 | |
| The Norfolk Hospice | 3, 000 | |
| The Riva Project | 3, 000 | |
| Tools for Solidarity | 1, 000 | |
| Tuppenny Barn Education | 2,000 | |
| Ty Hafan | 3, 000 | |
| United Response Fundraising | 2, 000 | |
| Warming up the Homeless | 2, 000 | |
| Sub -total carried forward | 344, 000 |
| 4. | GRANTS AWARDED ( |
continued) | 2022 |
|---|---|---|---|
| Sub -total brought forward | 344,000 | ||
| Warwickshire Wheelchair | Basketball Academy | 4,000 | |
| Weldmar Hospice Care |
2,000 | ||
| 350, 000 | |||
| Total grants from income |
| Charitable | |||||
|---|---|---|---|---|---|
| Total | Governance | activities | Basis of | ||
| allocated ( | Note 7) | Note 6) | apportionment | ||
| Administration, | |||||
| accountancy & | 80%charitable | ||||
| office | expenses | 51,219 | 10,243 | 40, 976 | activities |
| Allocation | Total | Total , | ||||
|---|---|---|---|---|---|---|
| Grant | of 50%of | income | income | |||
| Sector | funded | support | fund | fund | ||
| activity | costs | 2022 | 2021 | |||
| Grants from income | ||||||
| Medical and social care |
29 | 102, 000 | 5, 941 | 107, 941 | 71, 428 | |
| Disabled | and aged | 24 | 84,000 | 4,917 | 88,917 | 99, 510 |
| Homeless | 8 | 29,000 | 1, 639 | 30,639 | 31, 908 | |
| Children | and young persons | 30 | 104, 000 | 6, 147 | 110, 147 | 95, 249 |
| Church and community projects | 9 | 31, 000 | 1, 844 | 32, 844 | 26, 527 | |
| 350, 000 | 20,488 | 370,488 | 324, 622 |
| Capital | Total | Total | |||||
|---|---|---|---|---|---|---|---|
| Total | 50%of | charitable | charitable | ||||
| Sector | income | support | activities | activities | |||
| 2022 | costs | 2022 | 2021 | ||||
| Grants | from income | ||||||
| Medical | and social | care | 29 | 107, 941 | 5, 941 | 113, 882 | 75,626 |
| Disabled and aged | 24 | 88,917 | 4,917 | 93,834 | 105, 425 | ||
| Homeless | 8 | 30,639 | 1, 639 | 32,278 | 33, 816 | ||
| Children and young | persons | 30 | 110, 147 | 6, 147 | 116, 294 | 100, 782 | |
| Church | and community projects | 9 | 32, 844 | 1, 844 | 34, 688 | 28, 054 | |
| 370, 488 | 20,488 | 390,976 | 343, 703 | ||||
| Grants | from capital | ||||||
| Medical | and social | care | 14, 000 | ||||
| Disabled and aged | 7,000 | ||||||
| Church | and community projects | 14, 000 | |||||
| Total Charitable Activities |
370, 488 | 20,488 | 390, 976 | 378, 703 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Trustees' | expenses | 5,656 - | ||||
| Auditors | remuneration | 4,920 | 4,836 | |||
| Administration,accountancy & | sundry ( refer to note | 5) | 10,243 | 9,541 | ||
| Legal and professional fees -database | development | 9,354 | 3, 000 | |||
| 30, 173 | 17, 377 |
| 8. | FIXED ASSET INVESTMENTS | ||
|---|---|---|---|
| Movement in fixed asset investments |
2022 | 2021 | |
| Market value at beginning ofthe year | 10,783, 243 | 6, 663, 156 | |
| Additions at cost | 723, 416 | 3, 511, 282 | |
| Disposal proceeds | 798, 686) | 1, 037, 425) | |
| Net investment gains/( losses):- | |||
| Realised | 55, 123) | 106, 564 | |
| Unrealised | 137,516) | 1, 539,666 | |
| Market value at the end ofthe year | 10,515, 334 | 10, 783, 243 | |
| Historical cost at the end of the year | 9,642,059 | 9,771, 283 | |
| Investments at market value comprised: |
|||
| Equities and funds | 6,098, 308 | 7,886, 351 | |
| Fixed asset securities | 4,417, 026 | 2,896, 892 | |
| 10,515,334 | 10,783,243 | ||
| UK investments | 2, 531, 448 | 2, 540, 743 | |
| Overseas investments |
7,983, 886 | 8, 242, 500 | |
| 10,515,334 | 10, 783, 243 |
| Investment | Investment | Shareholding % | Total | Market value | ||||
|---|---|---|---|---|---|---|---|---|
| market | 2022 | |||||||
| value £ | ||||||||
| Aegon High Yield Global | 122, 000 | 5. 79% | 608, 764 | |||||
| Bond | A GBP | |||||||
| New | Capital | Wealthy | Nations | Bond | Fun( | 6, 570 | 6.67% | 701, 411 |
| GBP |
| 9. | CASH AT BANK | Account | 2022 | 2021 | |
|---|---|---|---|---|---|
| Capital | |||||
| UBS AG,Jersey ( GBP &EUR &USD) | Deposit | 132,732 | 139, 755 | ||
| Income | |||||
| UBS AG,Jersey ( GBP,EUR &USD) | Deposit | 52, 506 | 85, 086 | ||
| Barclays Bank Plc |
HICA | 22,280 | 23, 826 | ||
| 74,786 | 108, 912 | ||||
| Total cash at bank | 207, 518 | 248, 667 | |||
| 10. | LOAN RECEIVABLE | 2022 | 2021 | ||
| Capital | |||||
| The Executors of C V Green | 27,646 | 27, 075 | |||
| Loan to the Executors of C | V Green for repairs and insurance of the freehold | property,12 | |||
| Osborne Gardens,Harrogate in which the trustees have a contingent interest. | |||||
| 11. | ANALYSIS OF CURRENT |
LIABILITIES: | |||
| Creditors under one year | 2022 | 2021 | |||
| Income | |||||
| Custodian fees |
1, 115 | 1, 138 | |||
| Investment management fees |
6,097 | 6,253 | |||
| Administration fee and sundry expenses | 7,117 | 5, 813 | |||
| Audit fee -Spenser Wilson & | Co | 2,500 | 2,500 | ||
| 16, 829 | 15, 704 | ||||
| Capital | |||||
| Charitable grant pledged to the RNLI | |||||
| Custodian fees |
1, 115 | 1, 138 | |||
| Investment management fees |
6,097 | 6,253 | |||
| Administration fee and sundry expenses |
7, 117 | 5, 813 | |||
| Audit fee -Spenser Wilson & | Co | 2,500 | 2,500 | ||
| 16,829 | 15, 704 | ||||
| Total income and capital current liabilities | 33,658 | 31, 408 |
| Analysis offund movements: | Analysis offund movements: | ||||
|---|---|---|---|---|---|
| Funds b/f | Incoming resources |
Resources expended |
Gains & losses |
Funds c/f | |
| Unrestricted | |||||
| funds | 11, 027,577 | 359, 590 ( | 479, 310) ( | 191, 017) | 10,716,840 |