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|Index|Pacaee|
|---|---|
|LEGAL AND ADMINISTRATIVE
INFORMATION||
|REPORT OF THE TRUSTEES|2-5|
|REPORT OF THE INDEPENDENT AUDITORS||
|STATEMENT OF FINANCIAL ACTIVITIES||
|BALANCE SHEET|1Q|
|NOTES TO THE FINANCIAL STATEMENTS|11-13|
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|ADDRESS OF THE CHARITY|ADDRESS OF THE CHARITY|53 Kings Road|||
|---|---|---|---|---|
|||Windsor|||
|||SL42AD|||
|CHARITY REGISTRATION|NUMBER|272927|||
|TRUSTEES||H.R.H. The Prince Edward,||Earl ofWessex, K.G.,G.C.V.O.|
|||Lord Lieutenant|for Berkshire||
|||Mayor ofthe Royal Borough||ofWindsor and Maidenhead|
|||Governor and Constable of||Windsor Castle|
|||The Deputy Ranger, The Crown Estate, Windsor Great Park|||
|||Trust Secretary - C GAitken|||
|||S Rayner|||
|||R G P Kidson|||
|||A A M Try, D.L.|||
|||E Hewer|||
|||PJ McKee|||
|||P Branch|||
|||Trust Treasurer|-CJWilson, C.A.||
|BANKERS||Barclays Bank pic|||
|AUDITORS||Donald Reid Limited|||
|||Chartered
Accountants|||
|||Prince Albert House|||
|||20 King Street|||
|||Maidenhead|||
|||Berkshire|||
|||SL6 1DT|||
|ACCOUNTANTS||Wilson Partners|Limited||
|||TOR|||
|||Saint-Cloud
Way|||
|||Maidenhead|||
|||Berkshire|||
|||SL68BN|||
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||||||Unrestricted|fund|
|---|---|---|---|---|---|---|
|||||Note|2023|2022|
||||||f||
|Income and expenditure|||||||
|Incoming resources from generated|||funds||||
|Voluntary
income|||||399,670|18,667|
|Investment
income|||||57,304|46,425|
|Total incoming resources|||||456,974|65,092|
|Resources expended|||||||
|Charitable
activities - grants|||||57,250|107,415|
|Governance
costs|||||15,624|21,208|
|Total Resources Expended|||||72,874|128,623|
|Net incoming
/ (outgoing) resources|||for the year||384,100|(63,531)|
|Other recognised gains|and losses||||||
|Unrealised
(losses)/gains|on investment||assets||(37,243)|(31,698)|
|Net movement
in funds|||||346,857|(95,229)|
|Fund balances
brought
forward at||1 May 2022|||2,558,104|2,653,333|
|Fund balances carried|forward|at 30|April 2023||2,904,961|2,558,104|
|||||Note|2023|2022|
|---|---|---|---|---|---|---|
||||||F||
|Fixed Asset|||||||
|Investments|||||2,871,167|2,548,410|
|Current Assets|||||||
|Cash at bank|and|in|hand||27,144|12,843|
|Debtors|||||13,649|9,556|
|Creditors: amounts|||falling due with one year||(6,999)|(12,705)|
|Net Current|Assets||||33,794|9,694|
|Total assets|less|current liabilities|||2,904,961|2,558,104|
|Funds|||||||
|Unrestricted|funds||||2,904,961|2,558,104|
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|1|Accounting
policies||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|1.1|Basis ofaccounting||||||||||||||||||||||
||The financial
statements
are prepared
under the historical||cost|convention||||as modified||||by||the revaluation|||||of|fixed|||
||asset investments
and include the results ofthe Chaiity's
operations as indicated|||||||||in|the|report ofthe|||||trustees,|||all||of|
||which are continuing.||||||||||||||||||||||
||The financial statements
have been|prepared
in accordance|with|the provisions|||||ofSORP||||2019(FRS||||102).||||||
|1.2|Voluntary
income||||||||||||||||||||||
||Voluntary
income
is received
in cash by way of donations||and||from
third||||party||fund||raising
events.|||||The||cash|||
||collected is included
in full in the Statement
of Financial Activities|||on receipt.|||||||||||||||||||
||Gifts in kind are recognised
on receipt and valued
on the basis|||of|professional||||charges|||for preparing|||||the|accounts|||||
||and audit for the year end 30 April 2023.||||||||||||||||||||||
|1.3|Investment
income||||||||||||||||||||||
||a)
Dividends
are included
in the Statement
of Financial|||Activities|||when|||they are|||declared.||||||||||
||b)
Bank interest is inciuded|in the Statement
of Financial|||Activities|||on receipt.|||||||||||||||
|1.4|Expenditure||||||||||||||||||||||
||a)
Expenditure
includes
all|material
costs received
after|||the|period|||end but|||relevant
to the period||||||||to 30|||
||April 2023.||||||||||||||||||||||
||b)
Grants
charged
to the|Statement
of Financial|Activities|||include|||those||paid||in||the period|||and||those|||
||where the trustees
have|promised
financial
support||to|the|recipient||||as part||of a|||binding||commitment|||||to|
||that recipient.||||||||||||||||||||||
||c)
Governance
costs represent
the costs associated
with||||meeting|||the constitutional|||||||and statutory||||||||
||requirements
ofthe charity including
audit fees.||||||||||||||||||||||
|1.5|Investments||||||||||||||||||||||
||The quoted
investments
are included|in the balance sheet at market value.||||||Unrealised||||gains/(losses)|||||||||||
||on investment
assets are included
in|the Statement
of Financial Activities.|||||||||||||||||||||
|1.6|Recognition of liabilities||||||||||||||||||||||
||Commitments
to which the Charity|is bound
are accounted|for in full|||in|the||financial|||statements||||as soon|||as||the||
||obligation arises.||||||||||||||||||||||
|1.7|Irrecoverable
VAT||||||||||||||||||||||
||Irrecoverable
VAT is charged against|the category of resources expended,||||||for|which||it was|||incurred.|||||||||
|1.8|Financial
Instruments||||||||||||||||||||||
||The Charity
only has financial assets|and liabilities of a kind|that|qualify||as||basic||financial|||instruments.||||These|||are|||
||initially recognised at transaction
value and subsequently
measured||||at|their||settlement
value.|||||||||||||||
|1.9|Fund accounting||||||||||||||||||||||
||General
funds are unrestricted
funds|which are available
for|use|at|the|discretion||||of|the|Trustees
in||||furtherance|||||of||
||the general objectives ofthe Charity|and which have not been designated|||||for other purposes.||||||||Investment|||income,|||||
||gains and losses are allocated to the|appropriate
fund.|||||||||||||||||||||
|2|Income||||||||||||||2023|||||2022|||
||Voluntary
income comprises:||||||||||||||||||||||
||Donations
received|||||||||||||399,670|||||18,667||||
||Investment
income comprises:||||||||||||||||||||||
||Income from investments
listed on a|recognised stock exchange|||||||||||||57,304||||46,425||||
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|FO|R THE YEAR END|30|A|PRIL|2023|||||
|---|---|---|---|---|---|---|---|---|---|
|3|Charitable
activities|||||||2023|2022|
||Grants payable
in the|furtherance|||ofthe|Charity's objects||57,250|107,415|
||There were no grants|to|individuals||or organisations||during the year which|exceeded f3,000.||
|4|Governance
costs|||||||||
|||||||||2023|2022|
|||||||||f.||
||Accountancy|||||||668|3,190|
||Auditors'
remuneration|||||||4,400|4,200|
||Legal fees||||||||1,020|
||Trustee expenses|||||||200|389|
||Just Giving charges|||||||108|216|
||PR and communications|||||||9,123|9,100|
||Website and ITcosts|||||||1,125|1,307|
||RREC event costs||||||||1,786|
|||||||||15,624|21,208|
||No staff were employed||by|the Trustees||during the|year or in the previous|year. No remuneration|was paid to the|
||Trustees for services|provided.||||||||
|5|Fixed asset investments|||||||||
|||||||||2023|2022|
||UK quoted investments:||Investec Wealth 8 Investment|||||||
||Market value at start|ofyear||||||2,548,410|2,630,108|
||Withdrawals|||||||(40,000)|(50,000)|
||Contributions
Change
in market value|||||||400,000
~33,243)|~31,808|
||Market value at end ofyear|||||||2,871,167|2,548,410|
||Cost at end ofyear|||||||2,830,128|2,109,088|
|6|Debtors|||||||||
|||||||||2022|2022|
|||||||||F||
||Accrued income - dividends|||receivable||||13,649|9,556|
|7|Creditors: amounts|falling||due within||one year||||
|||||||||2022|2022|
||Other creditors|||||||||
||- unpaid grants||||||||2,500|
||-accrued expenses|||||||6,999|10,205|
|||||||||6,999|12,705|
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