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|||||Page|
|---|---|---|---|---|
|Reference and administrative
details|||||
|Trustees'
report||||2-4|
|Trustees'
responsibilities
statement|||||
|Independent
auditor's|report to the members|ofThe Duke of Northumberland's|Charity|6-9|
|Statement offinancial|activities|||10|
|Balance sheet|||||
|Notes to the financial|statements|||12-22|
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|Trustees||The Duke ofNorthumberland||
|---|---|---|---|
|||Lord James Percy||
|Charity registered||||
|number||278584||
|Registered|office|9 New Square||
|||Lincoln's
Inn||
|||London||
|||WC2A 3QN||
|Independent|auditor|UNW LLP||
|||Citygate||
|||StJames' Boulevard||
|||Newcastle
upon Tyne||
|||NE1 4JE||
|Bankers||Barclays Bank pic||
|||29 Bondgate Within||
|||Alnwick||
|||NE66 1TF||
|||C Hoare 8 Co||
|||37Fleet Street||
|||London||
|||EC4P 4DQ||
|Solicitors||Hunters
Law Li P||
|||9New Square||
|||Lincolns
Inn||
|||London||
|||WC2A 3QN||
|Investment|advisors|Cazenove
Capital Management|Limited|
|||1 London Wall Place||
|||London||
|||EC2Y 5AU||
|||United
Kingdom||
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||||||||Total|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|Total|funds|
|||||funds|funds|funds|2021|
|||||2022|2022|2022|(as restated)|
||||Note|E|E|||
|Income and endowments||from:||||||
|Donations
and legacies|||||||23,139|
|Investments||||276,200||276,200|178,066|
|Total income and|endowments|||276,200||276,200|201,205|
|Expenditure
on:||||||||
|Raising funds||||21,723||21 723|19,835|
|Charitable
activities||||180,677||180,677|193,224|
|Total expenditure||||202,400||202,400|213,059|
|Net gains on investments|||||423,928|423,928|990,042|
|Net income||||73,800|423,928|497,728|978,188|
|Transfers
between|funds||17|221,000|(221,000)|||
|Net movement
in funds before other||||||||
|recognised
gains||||294,800|202,928|497,728|978,188|
|Other recognised|gains:|||||||
|Gains on revaluation|offixed assets||||28,790|28,790||
|Net movement
in funds||||294,800|231,718|526,518|978,188|
|Reconciliation
offunds:||||||||
|Total funds brought|forward|||30,560|6,703,684|6,734,244|5,756,056|
|Net movement
in funds||||294,800|231,718|526,518|978,188|
|Total funds carried forward||||325,360|6,935,402|7,260,762|6,734,244|
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|||||||||2021|
|---|---|---|---|---|---|---|---|---|
|||||||2022||(as restated)|
|||||Note||||F|
|Fixed assets|||||||||
|Investments||||12||6,804,814||6,380,885|
|Investment|property|||13||105,000||76,210|
|||||||6,909,814||6,457,095|
|Current assets|||||||||
|Debtors||||14|||635||
|Cash at bank||and in hand|||363,344||325,666||
||||||363,344||326,301||
|Creditors: amounts|||falling due within one||||||
|year||||15|(12,396)||(49,152)||
|Net current||assets||||350„948||277,149|
|Total assets||less current liabilities||||7,260,762||6,734,244|
|Total net assets||||||7,260,762||6,734,244|
|Charity funds|||||||||
|Endowment||funds||17||6,935,402||6,703,684|
|Unrestricted||funds||17||325,360||30,560|
|Total funds||||||7,260,762||6,734,244|
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2021|
||||||F|
|Donations|and|gifts|||23,139|
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2021|
||||E|E|F|
|Rental|income||2,938|2,938|8,908|
|Income|from listed investments||153,262|153,262|49,158|
|Income|from unlisted|investments|120,000|120,000|120,000|
||||276,200|276,200|178,066|
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2022f|2022f|2021
F|
|Property expenses|1,932|1,932|681|
|Bank charges|28|28|24|
|Brokers fee|9,763|9,763|19,130|
|Other expenses|10,000|10,000||
||21,723|21 723|19,835|
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|||Grant|||
|---|---|---|---|---|
|||funding
of|Support|Total|
|||activities|costs|funds|
|||2022|2022|2022|
||||E||
|Grant funding|of activities|167,737|12,940|180,677|
|||Grants|Support|Total|
|||payable|costs|funds|
|||2021
F|2021
E|2021f|
|Grant funding|ofactivities|187,573|5,651|193,224|
|Analysis of|support costs||||
||||Total|Total|
|---|---|---|---|---|
|||Activities|funds|funds|
|||2022|2022|2021f|
|Legal and professional fees||3,441|3,441|371|
|Accountancy|fees|8,317|8,317|3,300|
|Other services||1,182|1,182|1,980|
|||12,940|12,940|5,651|
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|Grants payable||||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||E||
|Grants to institutions:||||||||
|Albury
Old Saxon Church||||||5,000||
|Albury Sports Club||||||5,000||
|Alice House Hospice|||||||3,000|
|Alnwick Playhouse||||||10,000|18,000|
|Atlantic Salmon Trust||||||10,000|10,000|
|Battlefields Trust||||||1,000||
|British Red Cross||||||5,000||
|Campbell
Rowntree||||||4,000|1,000|
|Chatton Village Hall Trust||||||5,000||
|Community
Action Northumberland|||||||12,000|
|Country Food Trust||||||2,500||
|CSR Donation|||||||5,000|
|Daft as a Brush Cancer Care|||||||3,920|
|Duchess
High School|Trust|||||1,500||
|Ellingham
Village Hall|||||||1,000|
|Friend ofthe Hurtwood||||||4,500||
|Game and Wildlife Conservation||||Trust||5,000|5,000|
|Great North Air Ambulance|||Service|||8,000||
|Hindmarsh
Hall|||||||1,000|
|Hope Estates||||||25,000||
|Hounslow
Community|Foodbox||||||3,000|
|Hurtwood
Control|||||||4,500|
|Laptops|||||||6,000|
|Longhoughton
Parish|Hall|||||5,000||
|Meadowell
Connected||||||5,965||
|NE Youth Ltd||||||2,200|5,000|
|Need Ltd|||||||1,000|
|Netherwitton
Village Hall|||||||1,000|
|Newcastle
University|||||||50,000|
|North Northumberland|Hospice Care||||||7,004|
|Northumberland
Community|||Bank|||1,80?||
|Northumberland
Pride|||||||1,000|
|Prudhoe
Parochial
Church|||Council||||1,000|
|Red Squirrel
Survival|Trust|||||7,500|7,500|
|Renewable
Energy Foundation|||||||20,000|
|Scottish Land and Estates||||||30,000||
|Scottish Moorland
Group|||||||5,000|
|Seahouses
Development||Trust|||||2,482|
|StJames' Church|||||||1,000|
|St Michael's Church||||||1,544||
|St Paul's PCC|||||||2,500|
|The County Trust||||||2,500|2,500|
|The Hextol Foundation||||||3,600||
|The Rememberance|Trust||||||1,000|
|Tyne Rivers Trust||||||2,000||
|Donations
less than f1,000 paid||||to 44 (2021:24) charitable|institutions|'l4 12'I|6 167|
|||||||167,737|187,573|
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
|||||||||E|
|Fees payable|to the charity's|auditor for|the audit ofthe charity's||annual||||
|accounts|||||||5,500||
|Fees payable|to the charity's|accountant|for the independent|examination||of|||
|the charity's|annual accounts|||||||5,280|
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|||Investments||
|---|---|---|---|
||Listed|in joint||
||investments|ventures|Total|
||||F.|
|Cost or valuation||||
|At 1 April 2021 (as restated)|3,818,809|2,562,076|6,380,885|
|Revaluations|209,482|214,447|423,929|
|At 31 March 2022|4,028,291|2,776,523|6,804,814|
|Net book value||||
|At 31 March 2022|4,028,291|2,776,523|6,804,814|
|At 31 March 2021|3,818,809|2,562,076|6,380,885|
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||Freehold|
|---|---|
||investment|
||property|
|Valuation||
|At 1 April 2021|76,210|
|Surplus
on revaluation|28,790|
|At 31 March 2022|105,000|
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|||2022|2021|
|---|---|---|---|
|||K|F|
|Trade|debtors||635|
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|||2022|2021|
|---|---|---|---|
||||F|
|Trade creditors||3,129|210|
|Other creditors||3,767|43,662|
|Accruals and deferred|income|5,500|5,280|
|||12,396|49,152|
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||||||||Balance at|
|---|---|---|---|---|---|---|---|
|||Balance at 1|||Transfers|Gainsl|31 March|
|||April 2021|Income|Expenditure|in/out|(Losses)|2022|
||||F||K|K||
|Unrestricted||||||||
|funds||||||||
|General||30,560|276,200|(202,400)|221,000||325,360|
|Endowment||||||||
|funds||||||||
|Expendable|fund|6,703,684|||(221,000)|452,718|6,935,402|
|Total offunds||6,734,244|276,200|(202,400)||452,718|7,260,762|
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||||||As restated|Balance at|
|---|---|---|---|---|---|---|
|||Balance at|||Gains/|31 March|
|||1 April 2020|Income|Expenditure|(Losses)|2021|
|||F|F|||F|
|Unrestricted|funds||||||
|General||42,414|201,205|(213,059)||30,560|
|Endowment|funds||||||
|Expendable|fund|5,713,642|||990,042|6,703,684|
|Total offunds||5,756,056|201,205|(213,059)|990,042|6,734,244|
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|Analysis o|fnet assets between funds - curr|ent year|||
|---|---|---|---|---|
|||Unrestricted|Endowment|Total|
|||funds|funds|funds|
|||2022|2022|2022|
|||F||F.|
|Fixed asset investments|||6,804,814|6,804,814|
|Investment|property||105,000|105,000|
|Current assets||337,756|25,588|363,344|
|Creditors due within one year||(12,396)||(12,396)|
|Total||325,360|6,935,402|7,260,762|
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|||Unrestricted|Endowment|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2021|
||||f.||
|Fixed asset investments|||6,380,885|6,380,885|
|Investment|property||76,210|76,210|
|Current assets||79,712|246,589|326,301|
|Creditors due within one year||(49,152)||(49,152)|
|Total||30,560|6,703,684|6,734,244|
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