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Charity number: 272126
ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
CONTENTS
Pago
Reference and administrative details of the Trust, its Trustees and advisers
Trustees. report
Independent exarninerfs report
Statement of financial activities
Balance shaet
Notes to the financial statements

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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE TRUST, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED S APRIL 2023
Trustees
Mr R B Waley-cohen. TNstee
The Hon Mrs F A Waley-cohen. TTuslee
Charity registered
numbor
272126
Principal office
27 South Terrace
London
SW7 2T8
Accountants
James Cowper Kreston
Chartered Accountants
2 Communications Road
Greenham Business Park
Greenham
Newbury
BeTkshire
RG19 6AB
Bankers
C. Hoare & Co
32 Lowndes Street
London
SW1X 9HZ
Investment managers
Brown Advisory
8 Hanover Square
London
W1S 1JY
Page 1

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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 5 APRIL 2023
The Trustees present their Annual Report together wqth the financial statements of the Robert and Felicty
Waley-cohen Charitable Trust for the year ended 5 April 2023.
The Trustees confirm that the Annual Report and the financial statements of the charity comply with the current
stslutory requirements. the requirements of the goveming document, the Charities Act 2011, the Stalement of
Recommended practi￿ applicable to charities preparing their accounts in accordance wth the Financial
Reporting standard applicable in the UK and Republic of Ireland {FRS 1021 leffective 1 January 2019)-
Objectives and activities
Policies and objectives
The objectives of the Trust are to pay or apply the income of the trust fund to such tharitablÈ foundations and for
such charitable purpose as the Trustees shall from time to time in their absolute discretion determine.
The Trustees have wde powers of inveslment.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
publlshed by the Charlty Commlsslon relatlng to publlc benefft, Indudlng the gUIdan￿ 'Publlc benefft= runnlng
charity IPB2)'.
Grantryrnaking policies
The Trustees have determined to cOn￿der applications for and make grants as appropriate lo charitable
inslrtulions. The charitable trust is concentrating ils resources on supporting young people with mental health
challenges in Banbury, Oxfordshire (including North Oxfordshire). Wapwickshire and South Northampton5hire
while continuing to support the Oxford Children's Hc6Pital and those arts organisations which the Trustees have
supported for many years. There are unlikely to be reSoUr￿S available for new applicants in the foreseeable
future.
Achievements and performance
Main achievements of the Trust
The Trust continues to make good progress With its founding oty"ective5. During the year the Trust made total
donations of £285,48512022.. £267,521 }- A detailed analysis of the grants made can be seen wrthin note 7 of the
financial statements.
During the year. land owned by the Trust was gifted to a separate charity that specialises in conseNation work
within the geographical lo&ition where the land is situated.
Invostmont policy and perforniance
The Trustees. investment objective is one of a balance belween income retum and capital growth. The
investments this year generated a net loss of £101,16312022'. net gain of £191.9911.
Page 2

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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED S APRIL 2023
Financial review
Summary
In the year ended 5 April 2023, the Trust received investment income of £42.59612022'. £70,657) and donations
{excluding gift aid repayments) of £313,00012022'. £236.000). The Trust paid grants for charitable purposes of
£285.48512022- £267.5211 and made payments for investment managers, independent examiner fees and bank
charges of £22,219 {2022'. £18.8591 in total.
The movement in funds after investment movemenls was a decrease of £65,271 12022.. increase of £212.2681
resulting in funds carried fO￿ard of £2.685,462. The movement in fund before investment movements was an
increase of £227.88312022.' increase of £564,218).
The overall cash funds of the Trust slww a nel increase of £3.567 {2022: net reduction of £9,522}.
The nel assets of the Twst at 5 April 2023 were £2,685,46212022.. £2,750,733).
Going concam
After making appropriate enquiries, the Trustees have a reasonable expectalion that the Trust has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue lo adopt
the going concem basis in preparing the financial statements. Further details regarding the adoption of the going
concem basis can be found in the accounting policies.
Reserves policy
The Trustees policy is to apply the income year on year as it is received, so that expenditure broadly matches
income received, other than retaining an amount sufficient lo cover any outstanding and accrued professional
and administrative fees.
Structure. goveinaiice and Inanagemeiit
Constitution
Robert and Felicity Waley-cohen Charitable Trust is a registered charity. number 272126. and is constituted
under a TNst deed.
The Trustees in office during the year and at the date of this report, together with the address of the Trust's
principal and registered office, are set out on page 1.
Methods of appointment or election of TrU￿80S
The management of the Trust is the responsibility of the Trustees who are elected and c£>opted under the temis
of the Trust deed.
Organisational structure and decision-making policies
There are Trustees who make deasions on behalf of the Trust.
Policies adopted for the induction and training of TNstees
There have been no changes to the body of Trustees in recEnt years.
Page 3

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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED}
FOR THE YEAR ENDED S APRIL 2023
Structure, govomance and management {continued}
Financial risk management
The major risk to which the Trust is exposed is the impact of fluctuations in the investment markets on its
managed investment portfolio. The Trustees mitigate this risk by using appointed professional investment
managers and by maintsining a broad range of inveslment5 at all limes. The TTU5tees actively review risk which
the Trust faces on a regular basis and believe that they have established systems to mitigate any signthcant risks
faced by the Trust.
Plans for futuro poriods
The Trust do not expect any significant changes in the objectives Df the Trust in the forthcoming year and intend
to continue to make grant5 from each of the income lunds within the capabilty of each of the funds.
Statement of Trustees. rfrsponsibilities
The Trustees are responsible for preparing the Trustees, report and the financial statements in accordance wilh
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice}-
The law applicable to charities in England & Wales requires the Trustees to prepare finan￿al statements for
each financial year which give a true and fair vieiN of the slate of affairs of the Trust and of its incoming
resources and application of resources, including ils income and expenditure, for that period. In preparing these
financial statements. the Trustees are required to..
select suitable aco)unling policies and then apply them consistently-
observe the methods and principles of the Charities SORP {FRS 1021,.
make judgment5 and accounting estimate5 that are reasonable and prudent.
slate whether applicable UK Accounting Standards IFRS 1021 have been followed. subject to any material
departures disclosed and explained in the financial statements.,
prepare the finanaal stalements on the going concem basis unless it is inappropriate to presume that the
Trust will contsnue in business.
The Trustees are responsible ft)r keeping adequate accounting records that are sufficient to show and explain
the Trust's transactions and disclose with reasonable accuracy at any time the financial position of the Trust and
enable them to ensure that the financial statements comply with the Charbties Act 2011, the Charity (Accounts
and Reports) Regulations 2008 and the provisions ol the Trust deed. They are also responsible for safeguarding
the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by..
Mr R 8 Waley£ohan
Trustee
Dale: 12 December 2024
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 5 APRIL 2023
Independent examinefs report to the Trustees of Robert and Felicity Waley-cohen Charitable
Trust I'the Trust.)
I report to the charity Truslees on my examination ofthe accounts of the Trust for the year ended 5 April 2023.
Responsibilities and basis of report
As the Trustees of the Tru51 you are responsib￿ for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 I'the 2011 Adl.
I report in respect of my examination of the Trust's accounts cairÉed out under section 145 of the 2011 Act and in
carrwng out my examination I have followed the arplieable Directions given by the Charty Commission under
section 1451Sllbl of the 2011 Act.
Indepandant examinerfs statement
Since the Trust's gross income exceeded £250,000 pur examiner must be a member of a body listed in section
145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member of The
Inslrtute of Chartered Accountants in England and Wales. which is one of the listed b¢xlies.
Your attention is drawn to the fact that the Trusl has prepared the accounts in accordance with Accounting and
Reporting by Charib"es.' Statement of Recommended Practice applicable lo charÈlies preparing their accounts in
accordance Mlth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in
preference lo the Accounting and Reporting by ChaTf(ies= Statement of Recommended Practice issued on 1 April
2005 which is refetred to in the extant regulations bul has been withdtawn.
l understand that this has been done in order for the accounts to provide a true and fair view in accordance with
the Generally Accepted Accountin9 practi￿ effective for reporting periods beginning on or after 1 January 2015.
I have completed my examinakn"on. I confirm that no matters have come to my attention in connection wrth the
examination giving me cause lo believe that in any material respect..
aC￿unting records were not kept in respect of the Trust as required by section 130 of the 2011 Act- or
the accounts (kn not aCCC￿ with those records.. or
the accounts do not comply Mqth the applicable requirements con￿MIng the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a Mrue and fair, Mew which is not a matter considered as part of an independent
examination.
I have no concems and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order lo enable a proper LFnder5tanding of the accounts lo be reached.
Page 5

## **ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST** 

## **INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023** 

This report is made solely to the Trust's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Trust's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Trust and the Trust's Trustees as a body, for my work or for this report. 

Signed: Dated: 12/12/2024 

James Cowper Kreston Chartered Accountants 2 Communications Road Greenham Business Park Greenham Newbury Berkshire RG19 6AB 

Page 6 



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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2023
Unrestricted
funds
2023
Total
funds
2023
Total
funds
2022
Note
Income frorn:
Donations and legacies
Investments
313,000
42,596
313,000
42,596
236,000
70.657
Total income
355,596
355,596
306.657
Expenditure on:
Raising funds
Charitable activities
17.895
289.809
12.000
17.895
289,809
12,000
15.259
271.121
other expenditure
Total expenditure
319.704
319,704
286.380
Net income before net (lossesllgains on
investments
35.892
(101.163)
35,892
1101.1631
20,277
191,991
Net Ilossesygains on investments
Net movement in funds
165,271)
{65,2711
212,268
Ro¢oncilI￿10￿ of funds:
Total funds brought forward
Net movement in fvnds
2.750.733
(65.271)
2.750.733
{65.2711
2,538.465
212.268
Total funds carried forward
2,685,462
2.685,462
2,750,733
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 9 to 22 form part of these finanaal statements.
Page 7

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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
BALANCE SHEEr
AS AT 5 APRIL 2023
2023
2022
Note
Fixed assets
Tangible assets
Investments
13
12,000
2,647,135
14
2,570.397
2,570.397
2.659.135
Current assets
Debtors
Cash al bank and in hand
15
25,000
108,083
104.516
133.083
104.516
Creditors.. amounts falling due within one
year
16
(18.0181
112.9181
Not current assets
115.065
91,598
Total assets less current liabilities
2,685,462
2,750,733
Total net assets
2,685.462
2,750,733
Charity funds
Unrestricted funds
17
2,685,462
2,750,733
Total funds
2,685,462
2,750.733
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
Mr R B Waley£ohen
Trustee
Date=
12 December 2024
The notes on pages 9 to 22 form part of these financial statements.
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
General inforniation
Robert ar¢d Felicity Waley-cohen Charilabte Trust is a chaTty TegisteTed in England and Wales. The
Trusl's registered Chairty number is 272126 and the principal office is 27 South Terrace. London. SW7
2TB.
The finan￿al statements are presented in Sterfing (£1, which is the functional currency of the TTUSt.
Monetary amounts in these financial statements are rounded to the nearest £.
Accounting policies
2.1 Basis of praparation of financial statsments
The finanaal statements have been prepared in accordance with the Charities SORP IFRS 102) -
Accounting and Reporbng by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK
and Republic of Ireland IFRS 102) (effèctive 1 January 2019}, the Financtal Reporting Standard
applicable in the UK and Rewblic of Irel3r￿ {FRS 1021 and the Charities Act 2011.
The financial statements have been prepared lo give a 'true and fair, view and have departed from
the Charities {Acc¢)unts and Reports) Regulations 2008 only to the extent required to provide a 'tsue
and fairf view. This departure has invol'oed following the Charities SORP IFRS 1021 published in
October 2019 rather than the Accounting and Reporting by Charitie5'. Statement of Recommended
Pradice effective from 1 April 2005 wthich ha3 3incE been wthdr8wn.
Robert and Felicity Waley-cohen Charitable TNst meets the deffnition of a public benefit entity under
FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless
otherwise slated in the relevant accounting policy.
2.2 Going coneern
After making enquiries. the Trustees have a reasonable expectation that the Trust has adequate
resour￿5 lo continue in operational existence and meet its liabilities as they fall due for the
foreseeable future, being a period of al least ￿e1ve months from the dale these financial statements
were approved. Accordingly. they continue to adopl the going concem basis in preparing the
financial statements.
2.3 Income
All income is recognised once the Trust has entidement to the income. it is probable that the income
will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to iniestment bncome ig recogniged at the time the investment
income is receivable.
2.4 Expenditure
Expenditure is rec￿jniSed once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of eGonomiG benefits will be required in 3etUement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity- The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activty. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contr'bute to more than one activity and support costs which are
not attributable to a single activity are apportioned betrween those activities on a basis consistent with
the use of reSoUr￿s. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use_
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Accounting policies (continued)
2.4 Expenditure (continued)
Expenditure on raising funds indude5 all expenditure incurred by the Trust to raise fiJnds for its
charitable purposes and includes costs ol all fundraising activities events and nOn￿harrtabIe trading.
ExperKlilure on charitable activities is inryjrred on directly undertaking the activities which further the
Trust's objective5, as well as any assocAated support costs.
Grants payable are charged in the year Mthen the offer is made except in those cases where the offer
is conditional, such grants being recognised as expenditure when the condits.ons attaching are
fuffilled. Grants offered subject to conditions which have not been met at the year end are noted as
commitment, but not accrued as expendilure.
AJI expenditure is inclusive of i￿ecoVerab￿ VAT.
2.5 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Trust., this is normally upon notffication of the interest paid or payable by the institution
th whom the fund5 are deposited.
2.6 Tangible fixed assets and depreciation
Tangible fixèd assèts e£Jsting £NIL or more arè capitalised and rècx)gnised when fu￿re ee£)nomic
beneffts are probable and the c05t or value of the as5el can be measured reliably.
Tangible fixed assets are initially reccgnised at Cost. After recognition. under the cost model, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
2.7 Investments
Fixed asset investments are a fom ol financial instrument and are initially recogni5ed at their
transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value
cannot be measured rellatjly In whlch case It Is measured at cost less Impalrn￿nt. Investment galns
and losses. whether realised or unrealised, are combined and presented as 'GainsllLossesl on
investments. in the Statement of financial activities.
Investments held as fixed assets are accounted for al fair value.
2.8 Debtors
Trade and other debtors are recognised al the settlement amount after any trade discount offered.
Prepayments are valued at the amount piepaid nel of any trade discounts due.
2.9 Cash at bank and in hand
Cash at bank and in hand indudes cash and short-temi highly liquid investments with a short maturity
of Ihree months or less from the date of acquisition or opening of the deposit or similar account.
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Accounting policies (continued)
2.10 Liabilities and provisions
LIa￿lItieS are recognised when there is an obligation at the Balance sheet date as a result of a past
event, it is probable that a transfer of eccnomic benefit wll be required in settlement, and the amount
of the settlement Can be estimated reliably.
Liabilities are recogni5ed at the amount that the Trust antictpale5 It wll pay to settle the debt or the
amount it has received as advanced payments for the goods or services it musl provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the b.me value of money is material, the provision is based on the present value of those
amounts, discounted al the pre-tax discount rate that refiects the risks specific to the liability. The
unwinding of the discount is recognised in the Stalement of financial activ¢ties as a finance cost.
2.11 Financial instrurnents
The Trust only has flnanclal assets and llnanclal Ilabllltles ol a klnd that qualry as baslc Inanctal
inslrumenls. Basic financial instruments are initially recognised al transaction value and subsequenlty
measured at their settlement value wth the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
2.12 Fund accounting
Gèneral fvnds are unrèstricted funds which are available for usè at discrètion of the Trustèes in
furtherance of the general objectives of the Trust and which have not been designated for other
purposes.
Investment income, gains and losses are allocated to the appropriate fund.
Income from donations and legacies
Unre5tri¢ted
funds
2023
Total
funds
2023
Donations
313.000
313.000
Unrestricted
lunds
2022
Total
funds
2022
Donations
236.000
236.000
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Investment income
Unreslricted
fund5
2023
Total
fund5
2023
Dividends and interest on investments
42,596
42,596
Unrestricted
funds
2022
Total
funds
2022
Dividends and interest on investments
Receipts from managed investment p￿[clI0
70.623
70.623
70.657
70.657
Investmfrnt management Costs
Unrestricted
funds
2023
Total
funds
2023
Investment management fees
17,895
17,895
Unrestricted
fund5
2022
Total
funds
2022
Investment management fees
15,259
15,259
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Analysis of grants
Grants to
Individua15
2023
Total
funds
2023
Main fund
Thomas fund
123.464
162.021
123.464
162,021
285.48S
285.485
Grants to
Individuals
2022
Total
funds
2022
Main fvnd
Thoma5 fund
151.162
116.359
151.162
116.359
267,521
267,521
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Detailed analysis of grants
Unrestricted
funds
2023
Total
funds
2023
Detailed analysis of grants 2023
Cancer Research UK
25.001
1,351
7,433
1.405
501
25,001
1,351
7,433
1,405
501
Courtauld Institute
Homestart
Liberal Jewish Synagogue
NSPCC
Optimus Fund for Place2Be
57,606
57,606
E li
OXPIP
100,002
50,002
13.127
538
101
100,002
50,002
13,127
538
Parenting Project
Parish of St Mary's
Quintessentially Foundation
Racing Welfare
Serpentine Trust
Tate Foundatson
13,667
10.001
575
1.001
2.161
1.013
13,667
10,001
575
1,001
2,161
1,013
UNICEF Pakistan Flood Appeal
Victoria and Albert Museum
West London Syn4ogue
Other grants
Total 2023
285,485
285,485
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Unrestricted
lunds
Total
funds
2022
2022
Detailed analysis of grant5 2022
Art Fund
Bob Champion Cancer Trust
Courtauld Institute
2.113
100
1.080
25.000
1.000
11,118
250
2.113
100
1.080
25.000
1.000
11.118
250
Crick Institute
Design Museum
Homestart
Hunt Servants Fund
MOMA
6,617
600
6,617
600
Mousetrap Foundatson
Oxft)rd Hospital Tom's Ward
OXPIP
Parenting Project
Parish of Waro¥ick
4,200
68,763
49,750
5,000
5,000
100
4.200
68,763
49,750
5,000
5,000
100
Plan Intemalional UK
Racing Welfare
Royal Academy of Arts
Royal Marsden Cani%r Charity
Royal Shakespear Company
Sarcoma
380
1.000
1,000
1.500
13.667
10.000
54.000
1.760
1.000
400
380
1.000
1,000
1,500
13.667
10.000
54.000
1.760
1.000
400
Serpentine Trust
Tate Foundation
UBS Optimus Foundation UK
West London Synagogue
Wheelpower
Wiltshire Air Ambulance
Other grants
2.123
2.123
Total 2022
267.521
267.521
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
2023
Total
2023
Main fund
Thomas fund
127.788
162.021
127.788
162.021
Total 2023
289,809
289,809
Unrestricted
funds
2022
Tot
2022
Main fund
Thomas fund
154,762
116,359
154,762
118,359
Total 2022
271,121
271.121
Other expenditure
Unresirietod
funds
2023
Total
funds
2023
Total
funds
2022
Loss on disposal of tangible fixed assets
12.000
12.000
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
10.
Analysis of expenditure by activtties
Grant
funding of
activities
Support
costs
Total
funds
2023
2023
2023
Main fund
Thomas fund
123,464
162,021
4.324
127.788
162.021
Total 2023
285,485
4,324
289,809
Grant
funding of
activities
2022
Support
costs
2022
Total
funds
2022
Main fijnd
151.162
116,359
3.600
154.762
116,359
Thomas fund
Total 2022
267,521
3.600
271.121
Analysis of support costs
Total
funds
2023
iivities
2023
Independent examiner and accountancy fees
Bank charges
4.200
124
4,200
124
Total 2023
4.324
4,324
Total
funds
AGtivities
2022
2022
Independent examiner and accountancy fees
3,600
3.600
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
11.
Independent examinerfs rernuneration
The independent examiner's remuneration amounts to an independent examiner fee of £4.20012022 -
£3,600).
12.
Trustoes. remuneration and exp8nses
During the year, no Trustees received any remuneration or other benefits12022- £NIL}.
During the year ended S April 2023, no Trustee exFenses have been incurred12022 - £NILI.
13. Tangible fixed assets
Land
Total
At 6 April 2022
Disposals
12,000
(12.0001
12,000
112,000}
At 5 April 2023
Net book value
At 5 April 2023
At 5 April 2022
12,000
12.000
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
14.
Investments
Cash
Investments investments
Total
Co?t or valuation
At 6 April 2022
Additions- market value
Disp05als- market value
Unrealised loss
Realised loss
2.619,706
255,613
1250,6391
1112.5631
11.400
27.429
2.647.135
255,613
1250,639}
1112.563)
11.400
19.451
Bank movements
19.451
At 5 April 2023
2,523,517
46.880
2.570,397
Not book value
At 5 April 2023
2.523.517
46.880
2.570.397
At 5 April 2022
2,619,706
27,429
2,647.135
15.
Debtors
2023
2022
Due within one year
Prepayments and accrued income
25.000
25,000
16. Creditor5- Amounts falling due within one year
2023
2022
Bank overdrafts
251
Other creditors
10,218
7,800
9.067
3.600
Accruals and deferred ineome
18,018
12,918
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
17.
Statement of funds
Statement of funds - current year
Balance at 6
April 2022
Gainsl Balance at 5
(Losses) April 2023
Income Expenditure
Unrestricted funds
Main fijnd
1,054,960
1.695.773
159,974
195,622
(144.948)
(174,756)
129.272)
171.891)
1,040.714
1,644.748
Thomas fund
2.750,733
355,596
{319,704)
(101.163) 2.685,462
Statement of funds - Prior year
Balanc• at
1 April 2021
Gainsl
Balanco at
(Losses) 5 April 2022
Income Expenditure
Unrestricted funds
Main fund
Thomas fund
902.838
1,635.627
256,414
50.243
(159,1571
(127,2231
54,865
137.126
1,054.960
1,695.773
2,538.465
306,657
{286,3801
191.991
2,750.733
18.
Notes of funds
The Trust's funds represent donations received and subsequently being made available to charities in
Oxfordshire and Warwickshire with particular emphasis on young people under 21 and the arts. None of
the funds held by the Trust have any Testrictions imposed on them. The fund5 held are as follows"
Thomas fund
This fund principally supports the mental well-being of young people in Oxfordshire and Warmckshire.
Main fund
All other areas as detailed in note 7 are supported by the main fund.
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
19.
Sumrnary of funds
Summary of funds - current year
Balance at 6
April 2022
Gainsl Balance at 5
(Losses) April 2023
Income Expenditure
General fvnds
2.750,733
355,596
(319,704)
(101.163) 2,685,462
Summary of funds - prior year
Balance at
1 April 2021
Gainsl
Balance at
(Losses) 5 April 2022
Income Expenditure
General funds
2,538.465
306,657
{286,3801
191,991
2,750.733
20. Analysis of net assets between funds
Analysis of assots btrtwoen funds - current yèar
Unrestricted
funds
2023
Total
funds
2023
Investments
Current assets
Creditors due within one year
2.570,397
133.083
{18,018)
2.570,397
133.083
{18.0181
Total
2,685,462
2.685,462
Analysis of nel assets between funds - prior year
Unrestricted
funds
Total
funds
Tangible fixed assets
Investments
12.000
2.647.135
104.516
112.9181
12,000
2,647.135
104.516
112,9181
Current assets
Creditors due wthin one year
Total
2.750.733
2,750.733
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ROBERT AND FELICITY WALEY-COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
21.
Related party transaciions
During the year the Trustees made donations to the Trust totalling £313,00012022". £236.000).
Page 22