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2023-04-05-accounts

'tlustees Simon Lindley Keswick Keswick
Emma Bridget Keswick
Nick Goodson
Charity number 274117
Principal address Rockcliffe Charitable Trust
c/o Matheson &Co Ltd
12Upper Grosvenor Street
Mayfair, London
WlK 2ND
Auditors CLA Evelyn Partners Limited
4th Floor, Cumberland House
15-17Cumberland
Place
Southarnpton
Hampshire
SO152BG
Bankers HSBC Private Bank (UKi Limited
8 Cork Street
London
W1S3U
Solicitors Linklaters
1Silk Street
London
EC27 BHQ
Investment advisors HSBC Private Bank (UKi Limited
8 Cork Street
London
W153U

Page
Trustees' report 1-3
Independent
auditors'
report 4-6
Statement offinanciaL activities
Balance sheet
Cash flow statement
Notes tothe accounts 10-14

2023 2022
Notes 5 E
Income.
Investment
income
487,973 330,665
Expenditure:
Raising funds 38 571
Charitable
activities
—grants 332,940 312,615
Charitable
activities
- support costs 25,723 17,237
Total 358,701 330,423
Net income be(bra gains and losses on investments 129,272 242
Losses on investments (1,031,182) (1,296.149)
Net movement
in funds
(901,910) (1,297,907)
Total reconciliation offunds:
Total funds brought forvvard 12,154,769 13,452,676
Total funds carried fonward 11,252,859 12,154,769

2023 2022
5
r4xed assets
Investments 10,958743 %967,925
Current assets
Cash at bank and in hand 176.294
Creditors: amounts faNn9 due erlthln one
tarar 9 f10,350) (9,cEO)
Net current assets 298,115 166,644
11,252,859 12,154.769
income funds
Unrestdcted funds 11,252,859 12,154,769
11,252,959 12,154,769

2023 2022
Note
Net cash outflow from operating activities 11 (357,801) (329,563)
Cash flows from Investing activities:
investment income 487,973 330,665
Payments to acquire investments (566,827)
Receipts from sales ofinvestments 665,356
Total cash inflow from investing activities 487,973 429.194
Increase In cash 130,172 99,631
Cash and cash equivalents atthe beginning ofthe year 176,294 76,663
Cash and cash equivalents atthe end ofthe year 306,466 176.294
Analysis ofnet funds
At6April Cash At5April
2022 flows 2023
Cash at bank and in hand 176,294 130,172 306,466

2023 2022
5
Dividend income from listed investments 487,939 330,665
Interest receivabLe
487,973 330,665
Expenditure
2023 2022
5
Raising funds:
Investment management fees 38 571
Charitable activities - grants
Grants payable (see note 4) 332,940 312,615
Charitable activities - support costs
Support costs (see note 5) 25,723 17,237
358,701 330,423

4 Grants payable
2023 2022
5
Grants to institutions
(32grants):
Swell. CofE Primary School 123,481 105,000
Maggie Keswick Jencks Cancer Caring Cent res Trust England 51,959 11,940
The Garden
Museum
30,000 2,000
Turquoise
Mountain
Trust
30,000 25,275
Just Row Gloucestershire 20,500
Duchenne
UK
20,000
Kate's Home Nursing 20,000 25.000
The Auckland
Project
5,000
Rebuild Global.ly 5,000
University
ofWest of England
5,000
Upper Slaughter
PCC
5,000
The Game and Wildlife Conservation Trust 2,500
Batten Disease Family Association 2,000
Children's
Hospice South West
2,000
Alexander
Dewne Children's
Cancer Trust 1,000
A(zheimer's
Research
UK
1,000
Framlingham
Area Youth Action Partnership
1,000
Great Western
Air Ambulance
Charity 1,000 1.000
Support our Military Veterans 1,000
The Grand Appeal 1,000 1.000
Wilts 0 Berks Canal Trust 1,000
Winston's
Wish (a Grief Support Programme
for Children) 1,000 1,000
Crimestoppers 500
Helen Arkell Dyslexia Charity 500
Red Squirrel Survival Trust 500 1.000
Starlight
Children's
Foundation
500
Support Dogs Limited 500
Oxford Hospitals
Charity
50,000
Headspace 20.000
London Youth 20,000
Hammersley
Homes Limited
10,000
The National Horseracing
Museum
10.000
Operation
Smil.e United
Kingdom
5.000
WheelPower 5.000
The Royal Horticultural.
society
4,280
Pa((ant House Gallery 3.000
Coram Life Education 2,000
James Hopkins Trust 2,000
Moreton
in Marsh Show —Moreton Show
2,000
The Sunbeam
Chil.dren's Trust
2,000
Designability 1,000
MS Society 1.000
The Royal Marsden Cancer Charity 1.000
Naunton
Dovecote Trust
500
Clapton Common
Boys Club
500

4 Grants payable (Continued&
Friends ofThe Royal Marsden. Chelsea 120
332,940 312,615
5 Support costs
2023 2022
5
Accountancy fees 1,190 1,035
Audit fees (governance cost) 9,160 8,415
Trustees'
remuneration
5,000 3.000
Foreign exchange losses 10,373 4,787
25,723 17,237

Fixed asset inve stm ents
-Usted
2023 2022
f.
Market value at 6April 2022 11,987,925 13,384,603
Additions at cost 566.827
Disposa(s at opening market value (665,350)
Change
in value
in the year &1,031,182) (1,298,155)
Market value at 5April 2023 10,956,743 11,987.925
Creditors: amounts falUng due within one year
2023 2022
5
Accruals 10,350 9,450

Net cash f lows from operating
activities
2023 2022
5
Net movement
in funds (as per the statement
offinancial activities) (901,910) (1,297,907)
Investment income &487,973) (330,665)
Losses on investments 1,031,182 1,298,149
Increase
in
creditors 900 860
(357,801) (329,563)