ARTHUR JAMES PATERSON CHARITABLE TRUST
FINANCIAL STATEMEKrs
FOR THE YEAR ENDED S APRIL 2022
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|||Page|
|---|---|---|
|Trustee's
Report||1-3|
|Independent
Examiner's|Report||
|Statement
of Financial|Activites||
|Balance Sheet|||
|Notes to the financial statements||7-10|
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|Risk identified|Risk identified|||Action taken to miti ate|the risk||
|---|---|---|---|---|---|---|
|- Investments|will|drop|in value|- Trustee has appointed|a professional|firm to manage|
|||||the investments|||
|—Donations|made|will|not be spent how|—Trustee actively review|the donations|and ask for|
|the Trustee|would|like||updates
and reports.|||
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|||||Note|2022|2021|
|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted|
||||||Fund|Fund|
|||||||F|
|Income|||||||
|Investment
Income|||||59,418.11|47,127.88|
|Total Income|||||F59,418.11|247,127.88|
|Expenditure|||||||
|Charitable
Activities|||||73,904.00|82,998.00|
|Costs of raising funds|||||17,902.55|15,670.03|
|Governance
costs|||||10,787.46|6,587.00|
|Total Expenditure|||||2102,594.01|2105,255.03|
|Net Expenditure|Before Gains and||||||
|Losses on Investments|||||(843,175.90)|(258,127.15)|
|Net Gains on Investments|||||||
|Realised|||||55,407.03|43,052.70|
|Unrealised|||||104,370.14|252,945.00|
||||||159,777.17|295,997.70|
|Net Movement
in|Funds|in|the Year||2116,601.27|2237,870.55|
|Funds|||||||
|At 5 April 2021|||||1,957,531.55|1,719,661.00|
|Net Movement
of|Resources||in the Year||116,601.27|237,870.55|
|At 5 April 2022|||||R2,074,132.82|R1,957,531.55|
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||||Note|2022||2021|
|---|---|---|---|---|---|---|
|Fixed Assets|||||||
|Investments||||2,151,790.40||1,953,657.73|
|Current Assets|||||||
|Cash||||17,703.32|92,209.82||
|||||17,703.32|92,209.82||
|Current
Liabilities|||||||
|Creditors,
amounts
falling||due|||||
|within one year||||95,360.90|88,336.00||
|Net Current Assets||||(77,657.58)||3,873.82|
|Assets less Current|Liabilites|||R2,074,132.82||F1,957,531.55|
|Funds|||||||
|Unrestricted
Fund||||R2,074,132.82||R1,957,531.55|
|The financial statements||were approved|by the Trustee|on|2023||
|Digitally signed||||Digitally signed|||
|by Bradley
WALDEN|||~P|by Scott RICE
01,:|||
|Date:|2023.02.01|||2023.02.01|||
|10:06:42Z||||11:20:50Z|||
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|2|Investment|Income|2022|2021|
|---|---|---|---|---|
||Income from|UK Listed Securities|59,418.11|47,114.00|
||Interest Received|||13.88|
||||F59,418.11|F47,127.88|
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|---|---|---|---|---|---|
|3|Charitable
Activities|||2022|2021|
||Glenalmond
College|||12,318.00|13,833.00|
||King's College|||24,635.00|27,666.00|
||Age UK|||8,211.00|9,222.00|
||NSPCC|||8,211.00|9,222.00|
||Turn 2 Us|||8,211.00|9,222.00|
||Worcester College|||12,318.00|13,833.00|
||Support Costs (note 4)|||10,787.46|6,587.00|
|||||R84,691.46|F89,585.00|
|4|Support Costs|||2022|2021|
||Governance
Costs:|||||
||SG Kleinwort
Hambros|Trust Company|(UK) Limited Fees|8,843.46|5,345.00|
||Independent
Examiner's|Fees||1,800.00|1,170.00|
||LE I Fee|||144.00|72.00|
|||||F10,787.46|E6,587.00|
|5|Investments
listed on|a recognised|Stock Exchange|2022|2021|
||Book Value Brought Forward|||1,866,305.26|1,600,385.56|
||Purchases|||182,541.06|409,706.00|
||Disposals|||(229,764.23)|(439,784.00)|
|||||1,819,082.09|1,570,307.56|
||Realised Gain|||55,407.03|43,052.70|
||Unrealised
Gain|||104,370.14|252,945.00|
||Market Value|||1,978,859.26|1,866,305.26|
||Cash on:|||||
||SG Kleinwort
Hambros|Bank Account||73,906.55|19,130.45|
||Smith 8 Williamson|||99,024.59|68,222.02|
||Total Investments|||R2,151,790.40|R1,953,657.73|
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|6|Creditors, amounts
falling due within|Creditors, amounts
falling due within|one year|2022|2021|
|---|---|---|---|---|---|
||SG Kleinwort
Hambros|Trust Company|(UK) Limited Fees|4,653.90|3,052.00|
||Independent
Examiner's|Fees||2,970.00|2,286.00|
||Grants payable|||87,737.00|82,998.00|
|||||L95,360.90|288,336.00|
||The grants payable:|||||
||Grants payable
brought|forward||82,998.00||
||Grants agreed
in the year|||73,904.00|82,998.00|
||Grants paid|||(69,165.00)||
||Grants payable
carried|forward||87,737.00|82,998.00|
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