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|---|---|---|
|CONTENTS||Page|
|Trustees'
Annual
Report||1-3|
|Independent
Examiner's|report||
|Statement of Financial Activities|||
|Balance Sheet|||
|Notes to the Accounts||7-13|
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||||Note|||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Expendable|Unmstricted|Total|Total|
|Income from:||||Endowment
8|Funds
6|Funds
f|Funds
8|
|Investment
Income|||||110,921|110,921|99,237|
|Total Income|||||110,921|110,921|99,237|
|ExXE85S(Sly on:||||||||
|Raising Funds||||2,349||2,349|2,390|
|Charitable
ActiviTies|||5|6,024|93,238|99,262|63,723|
|Total expenditure||||8,373|93,238|101,611|66,113|
|Net Incomel(expenditure)||before investment||||||
|gains/(losses)||||(8,373)|17,683|9,310|33,124|
|Net (losses)/gains|on investments||15|(144,837)||(144,837)|22&,638|
|Net (Expenditure)|IIncome|and||||||
|net movement
in funds||||(153,210)|17,683|(135,527)|261,762|
|Total funds brought|forward|||4,135,186|119,002|4,254,188|3,992,307|
|Total fund balances carried forward||||3,981,976|136,685|4,118,661|4,254,069|
##
|Fixed assets:||||Note|5Apdl
8|2023
6|5April
8|2022
f|
|---|---|---|---|---|---|---|---|---|
|Investment
Property|||||||||
|Swinstead
Hall||||||575,000||575,000|
|Investments
at fair value|||||||||
|Quoted investments||||||3,245,321||3,381,710|
|||||||3,820,321||3,956,710|
|Current assets:|||||||||
|Debtors|||||||||
|Rent receivable||||||8,721||17,442|
|Cash at Bank|||||||||
|Ruffer LLP|||||||||
|Income account|||||19||||
|Capital account|||||10,766||21,706||
|National
Westminster||pic|||||||
|Current account|||||100||100||
|Reserve account|||||18,471||2,260||
|Barclays PLC|||||154,244||246,245||
|CCLA|||||100,000||||
|Scottish Widows|||||14,858||14,806||
|||||||298,458||285,117|
|Creditors:||||||4,127,500||4,259,269|
|Sayers Sutterworth|LLP||||6,840||3,000||
||||||1,560||1,620||
|Ruffer LLP|||||439||580||
|||||||8,839||5,200|
|Total net assets||||||4,118,661||4,254,069|
|REPRESENTING:|||||||||
|Expendable
Endowment|||Fund|12||3,981,976||4,135,127|
|Unrestricted
Income||Fund||12||136,685||118,942|
|TotalFunds||||||4,118,661||4,254,069|
##
##
||NOTES TO THE ACCOUNTS FOR THE
YEAR ENDED 5APRIL 2023|NOTES TO THE ACCOUNTS FOR THE
YEAR ENDED 5APRIL 2023|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|1|Legalstatus||||||||||||
||The|Ancaster
Trust is an unincorporated
charity,
registered
in England
and Wales. The||registered|||number
number|||||and|
||principal
oflice address can be found on the legal and administrative
information
page.||||||||||||
|2|Accounting
pogces||||||||||||
||(a)|Basis of preparation
and assessment ofgoing concern|||||||||||
|||The accounts
(finanmal
statements)
have been prepared
under the histoncal cost convention
with items recognised|||||||||||
|||at cost or transaction
value unless otherwise
stated in the relevant note(s) to these accounts.|||The financial||||||||
|||statements
have bean prepared
in accordance
with the Statement ofRecommended||Accounting|||and Reporting|||by|||
|||Charities
preparing
their accounts
in accordance
with the Financial
Reporting
Standard
applicable|||||in Ihe United||||||
|||Kingdom
and Republic of Ireland (FRS 102) issued on 16th July 2014and tha Financial Standard|||||applicable|in||the|||
|||United
Kingdom
and Republic ofIreland (FRS102)and the Charities Act2011.|||||||||||
|||The trust constitutes
a public benefit entity as defined
by FRS 102.|||||||||||
|||The financial statements
are presented
in pounds
sterling and rounded
tothe nearest||pound.|||||||||
|||There are no material
uncertainties
regarding
the charities
ability to continue
and|so the going concern
basis|||||||||has|
|||been adopted.|||||||||||
||(b)|Income|||||||||||
|||Investment
mcome
ls accounted
for in the period
in which the charily
is entitled||to receipt.|||Investment|||mneme|||
|||recerved
by the Chariity
qualifying
for repayment
of income tax has been grossed||up for tax||recoverable||and||||this|
|||gross amount
is recognised
in the Statement ofFinancial Activities.|||||||||||
||(c)|Taxation|||||||||||
|||No provision fcr taxaticn is included
m the accounts as the Charity is entitled to the exemption
11ofthe Corporation
Taxes Act 2010.|||for tax afforded|||||by part|||
|||Expenditure|||||||||||
|||Expenditure
is included
on an accruals basis and includes
irrecoverable
value added
tax.|||Donaticns
payable|||||||are|
|||charged
in the year when the offer is conveyed
to the recipient except in those cases where|||the offer is conditional,||||||||
|||such
donations
being
recognised
as expenditure
when
tha
conditions
attaching||are fulfilled.|||Donations|||offered|||
|||subject to conditions
which
have not been
met at the year end are noted as a commitment,|||||but not accrued|||||as|
|||expenditure.|||||||||||
|||Support
costs (including
governance
costs) include
those casts associated
with||meeting|the constitutional||||||and||
|||statutory
requirements
ofthe Charity and include costs linked to the strategic management
ofthe|||||Charity.||||||
||(e)|Investments|||||||||||
|||Investments
are included
at closing
mid-market
value (ie fair value) at the balance||sheet date.|||Any gain cr||loss|||on|
|||revaluation
is taken to the Statement of Financial Activities.|||||||||||
||(I)|Investment
property|||||||||||
|||Investment
property
is shown at most recent valuation.
Any aggregate
surplus
or deficit arising|||||from changes|||in||fair|
|||value is recognised
tn Income or expendkture.|||||||||||
||(g)|Cash at Bank and in hand|||||||||||
|||Cash at bank
and
in hand
jncludes
cash and shori
term
highly
liquid
investments||with a short
maturity||||of three|||||
|||months orless from the date ofacquisition
or opening ofthe deposit or similar account|||||||||||
||(h)|Debtors|||||||||||
|||Trade end other debtors
are recognwed
at the settlement
amount
due.
Prepayments
are|||valued
at the|||amount|||||
|||prepaid.|||||||||||
||(i)|Creditors and provisions|||||||||||
|||Creditors
and provisions
are recognised
where ihe Charity
has a present
obligation
wig probably
result
in the transfer
of funds
to a third
party
and the amount
due||resulting
to settle|from a past event that
the obligation
can be||||||||
|||measured
or estimated
reliably.
Creditors
and provisions
are normagy
recognised|at their setgement
amount||||||||after||
|||allowing for any trade discounts due.|||||||||||
||(i)|Fund accounting|||||||||||
|||Details ofthe nature and purpose ofeach fund is set out in note 12|||||||||||
||(k)|Foreign currencies|||||||||||
|||Assets and liabilities
in foreign currenaes
are translated
inta sterling
at the rates of||exchange||ruling
at the||balance|||||
|||sheet date.
Day to day transactions
in foreign currencies are initially recorded at the
the dates ofthe transactions.
Exchange differences are taken into account
in arriving||rates ofexchange
prevailing
at the operating
result.||||||||on|
||(I)|Estimates
and judgements|||||||||||
|||Estimates
and
underlying
assumptions
are
reviewed
by trustees
on an
ongoing|basis
Revisions
to accountmg||||||||||
|||estimates are recognised
m the period
in which the estimate
is revised.|||||||||||
|||The trustees do not consider that there are any critical estimates or areas ofjudgement||that need|||to be||||||
|||brought
to the attention
ofthe readers ofthe financial statements.|||||||||||
##
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||property,
in September 201|9at|857|5,00|0.||,
|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||9||
||Fair value at 5April 2023|||||||575,000||
||Fair value at5 April 2022|||||||575,000||
||Historical Cost|||||||15,000||
|4|Investment
Income|||||||2023|2022|
|||||||||9|f.|
||Rent on Swihstead
Hall lease|||||||17,442|17,442|
||Income from securities|||||||92,839|81,779|
||Bank interest received|||||||640|16|
|||||||||110,921|99,237|
|5|Charitable
Activities - Grant making
Annual
Payments
Under Standing
Order||||||Month of
payment|2023f|2022f|
||Allah Kariem UK||||||February|200|200|
||||||||February|300|300|
||Age UK||||||AprII|500|300|
||Battersea Dogs Home|||||||300||
||Big Issue Foundation
UK||||||March|200|2DO|
||Boston Preservation
Trust||||||February|300|300|
||British Limbless Ex-Servicemen's||Association - Ancaster Award||||April|2DO||
||British Legion Pappy Appeal|Lincolnshire|||||March|500|500|
||Bourne Civic Society||||||February|20D|200|
||Bourne Darby &Joan||||||August|300|300|
||Camfed||||||May|300||
||Cancer Vaccine||||||August|300||
||Canine Partners||||||March|300|300|
||Children's
Family Trust||||||August|300||
||Council for Preservation
ofRural||England||||May|300||
||Edithweston
Parochial
Church Council||||||Sept|200|200|
||Edenhsm
Parochial Church|Council|||||August|300||
||Edenham
Regional House||||||March|200|200|
||Fauna 8 Flora Preservation|Society|||||March|300|300|
||Fine Cell Work||||||February|3DO|300|
||Friends ofthe Elderly||||||July|300||
||Freedom
fram Torture||||||February|400|400|
||Friepds of King Edward
Hospital||||||March|300|300|
||Game and WUdlife Conversation||Trust||||August|100||
||Glyneboume
Arts||||||March|800|300|
||Grantham
8 District Society|for Mentally|||Handicapped|Children|Sept|300|300|
||Gurkha Welfare||||||March|300|300|
||Carriied forward|||||||7,80D|5,200|
|||||||THE AN|CASTER|TRUST||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||NOTES TO THE||ACCOUNTS FOR||THE|||
|||||||YEAR ENOEO 5APRIL 2023||||||
|5|Charitable
Activities
~ Grant making||||||||Month of|2023|2022|
||Annual Payments
Under Standing|||Order )continued)|||||payment|8|8|
||Brought Forward|||||||||7,800|5,200|
||Health
Poverty Action||||||||February|300|600|
||Hoping
Foundation||||||||March|300|300|
||The Howard League||||||||January|300|300|
||JustActMiddle
East||||||||March|300|300|
||Kesteven
Blind Society||||||||March|300|300|
||Levant British Research||||||||May|100||
||Lines Trust Nature
Conservation||||||||January|300|300|
||Lincolnshire
Integrated
Voluntary||Emergency||Services||||January|300|300|
||Lincolnshire
Churches
Trust||||||||August|400||
||Lincoln Cathedral - Fabric Fund||||||||August|100||
||Livability||||||||March|300|300|
||Matthew Trust||||||||August|300||
||Marie Cune Memorial
Foundation||||||||April|500|300|
||Medecins Sans Frontieres||||||||March|300|300|
||Methodist Homes ForTheAged||||||||Apriil|500|3DD|
||Muthll Parish Church||||||||November|100|1DD|
||National Trust for Scotland for places|||of Historical Interest and|||Natural|Beauty|August|100|1DD|
||New Bridge||||||||March|500|300|
||Order ofStJohn Ophthalmic|Hospital|||||||Sept|250|250|
||Order ofStJohn - Hospital Account||||||||February|300|300|
||Passage 2000||||||||April|300|300|
||Peoples Dispensary
for Sick|Animals|||||||May|30D||
||Practical Action||||||||August|300||
||Prison Reform Trust||||||||January|300|300|
||Prisoners ofConscience Appeal Fund||||||||February|300|300|
||||||||||February|300|300|
||Provident IRow) Night Refuge &Home||||||||April|200|200|
||Queen Elizabeth's
Foundation|for the||Disabled||||||300|300|
||Rare Breeds Survival
Trust||||||||March|200|200|
||FNL formerly
Royal Literary Fund||||||||May|300||
||Royal Sociely for the Relief ofIndigent|||Gentlewomen||ofScotland|||November|200|200|
||RNLI Skegness||||||||March|300|300|
||The Samaritans
-General Office||||||||January|200|200|
||-Boston Branch||||||||February|300|300|
||Save the Children
Fund - General||Fund||||||Sept|400|400|
||Scottish Wildlife Trust||||||||November|300|300|
||Sightsavers
International'
(name||change)||||||August|300||
||Send a Cow||||||||November|300|300|
||Spilsby Fabriic Fund
Stroke Association||||||||Sept
February|300
300|300
300|
||StAndrew's
Episcopal
Church, Cagsnder||||||||November|100|100|
||StJames' Episcopal, Church,|Muthill|||||||March|300|300|
||St Paula Church Kmghtsbridge||||||||April||100|
||St Helen's Aswardby||||||||February|100|100|
||StMungo Housing||||||||March|300|300|
||Swinstead PCC Fabric||||||||August|300||
||Toynbee
Hall||||||||August|.300||
||The Connection||||||||March|3DD|300|
||Toybox||||||||March|300|300|
||UNIPAL||||||||March|300|3DD|
||Carried forward|||||||||21,650|15,850|
##
||YEAR ENDED|YEAR ENDED|YEAR ENDED|YEAR ENDED|YEAR ENDED|YEAR ENDED|YEAR ENDED|5APRIL 2023|5APRIL 2023|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|5|Chsditable
Activities -Grant making
Annual
Payments
Under Standing
Order (continued)|||||||Igonth of
payment|||2023f|2022
f.||
||Brought Forward||||||||||21,650|15,850||
||Wallace Collection|||||||March|||300|300||
||Wegs for India|||||||Iylarch|||300|300||
||Westminster
Children's||Society|||||March|||200|200||
||Whitechapel
Mission|||||||January|||200|200||
||Womankind
Worldwide|||||||February|||300|300||
||World Monuments
Fund||in Britain|||||July|||300|||
||Zane|||||||March|||300|300||
||Zoological Society|||||||August|||300|||
||||||||||||23,850|17,450||
||School Fees|||||||||||||
||Beestone School - Jamie Philippi Fees||||||||||12,000|11,000||
||Gresham
School - Rose Phigppi||||||||||10,000|9,000||
||Morrlsons Academy|—lone Aldridge||||Fees||||||4,000||
||StLaurence Education Trust|||- George|||Philippi||||12,000|12,000||
||||||||||||34,000|36,000||
||Other Payments
Made||during||the|Year||||||||
||Art Fund||||||||||5,000|||
||Friends ofthe Earth||||||||||500|||
||Grimsthorpe
and Drummond|||Trust|||||||364|354||
||Royal Hospital for Neuro Disability||||||||||1,000|||
||St Mary's Swinstesd||||||||||10,000|||
||||||||||||2,500|||
||UNHCR Ukraine||||||||||7,500|||
||Zane||||||||||1,000|||
||||||||||||27,864|364||
||School Fees||||||||||34,000|36,000||
||Standing
Orders||||||||||23,850|17,450||
||Total Donations
made||during||the|year|||||85.714|53,814||
||The objectives ofthe|Trust are fulfilled|||||by the Trustees through|consideration|ofappeals||and making|grants
in response|thereto.|
||Ag grants are for the|general||support||ofthe recipent.||||||||
|||||||||2023|||2023|2023|2022|
|||||||||Endowment
f||Unrestricted
f||Total|Total|
||Chaditable
Activities|(as|'above)||||||||85,714|.85,714|53,814|
||Support Costs- Administration||||&Accountancy||||||1,500|1,500|1,500|
||Support Costs||||||||6,024||6,024|12,048|8,409|
||Total||||||||6,024||93,238|99,262|63,723|
##
##
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##
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##
|Analysis ofnet as|sets between funds||||||
|---|---|---|---|---|---|---|
||||2023|2023|2023|2022|
||||Expendable|Unrestdcted|||
||||Endowment|Income|||
||||Fund|Fund|Total|Total|
||||E|8|8|5|
|Fund balances at 5April 2023are represented||by:|||||
|Fixed assets|||3,820,321||3,820,321|3,956,710|
|Current assets|||166,294|132,164|298,458|285,117|
|Debtors||||8,721|8,721|17,442|
|Creditors: amounts|falling due within one year||(4,639)|(4,200)|(8,839)|(5,200)|
||||3981976|136685|4118661|4,254,069|
|||E||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||8|||||||||||||
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