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|||||Page|
|---|---|---|---|---|
|Reference and administrative<br>details|||||
|Trustees'<br>report||||2-4|
|Trustees'<br>responsibilities<br>statement|||||
|Independent<br>auditor's|report to the members|of The Duke ofNorthumberland's|Charity||
|Statement offinancial|activities|||10|
|Balance sheet|||||
|Notes to the financial|statements|||12-23|





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|Trustees||The Duke of Northumberland||
|---|---|---|---|
|||Lord James Percy||
|Charity registered||||
|number||278584||
|Registered|office|9New Square||
|||Lincoln's<br>Inn||
|||London||
|||WC2A 3QN||
|Independent|auditor|UNW LLP||
|||Citygate||
|||St James' Boulevard||
|||Newcastle<br>upon Tyne||
|||NE1 4JE||
|Bankers||Barclays Bank pic||
|||29Bondgate Within||
|||Alnwick||
|||NE66 1TF||
|||C Hoare &Co||
|||37Fleet Street||
|||London||
|||EC4P 4DQ||
|Solicitors||Hunters<br>Law LLP||
|||9 New Square||
|||Lincolns<br>Inn||
|||London||
|||WC2A 3QN||
|Investment|advisors|Cazenove Capital Management|Limited|
|||1 London Wall Place||
|||London||
|||EC2Y 5AU||
|||United<br>Kingdom||





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|||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2023|2023|2023|2022|
||||Note||5|5|5|
|Income and endowments||from:||||||
|Donations<br>and legacies|||4|50,000||50,000||
|Investments|||5|166,697||166,697|276,200|
|Total income and|endowments|||218,697||216,697|276,200|
|Expenditure on:||||||||
|Raising funds|||6|1,146|9,341|10,487|21,723|
|Charitable<br>activities|||7|127,018|765|127,783|180,677|
|Total expenditure||||128,164|10,106|138,270|202,400|
|Net gains on investments|||||305,311|305,311|423,928|
|Net movement<br>in funds before other||||||||
|recognised<br>gains||||88,533|295,205|383,738|497,728|
|Other recognised|gains:|||||||
|Gains on revaluation|offixed|assets|||||28,790|
|Net movement<br>in funds||||88,533|295,205|383,738|526,518|
|Reconciliation<br>offunds:||||||||
|Total funds brought|forward|||325,360|6,935,402|7,260,762|6,734,244|
|Net movement<br>in funds||||88,533|295,205|383,738|526,518|
|Total funds carried|forward|||413,893|7,230,607|7,644,500|7,260,762|





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|||||||2023|||2022|
|---|---|---|---|---|---|---|---|---|---|
||||Note||||||E|
|Fixed assets||||||||||
|Investments|||12|||7,110,126|||6,804,814|
|Investment<br>property|||13|||105,000|||105,000|
|||||||7,215,126|||6,909,814|
|Current assets||||||||||
|Cash at bank and|in hand||||441,272||363,344|||
||||||441,272||363,344|||
|Creditors: amounts|falling due|within|one|||||||
|year|||14||(11,898)||(12,396)|||
|Net current assets||||||429,374|||350,948|
|Total assets less|current liabilities|||||7,644,500|||7,260,762|
|Total net assets||||||7,644,500|||7,260,762|
|Charity funds||||||||||
|Endowment<br>funds|||15|||7,230,507|||6,935,402|
|Unrestricted<br>funds|||15|||413,893|||325,360|
|Total funds||||||7,644,500|||7,260,762|
|The<br>financial|statements|were|approved|and|authorised|for<br>issue|by|the|trustees<br>on|
||||||and signed on their behalf||by:|||



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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2023|2023|2022|
||||E|F|E|
|Rental|income||2,908|2,908|2,938|
|Income|from listed investments||160,113|160,113|153,262|
|Income|from unlisted|investments|||120,000|
|Interest|income||3,876|3,676||
||||166,697|166,697|276,200|



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||Unrestricted|Endowment|Total|
|---|---|---|---|
||funds|funds|funds|
||2023|2023|2023|
||E|E|E|
|Property expenses|1,102||1,102|
|Bank charges|||44|
|Brokers fee||9,341|9,341|
||1,146|9,341|10,487|





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||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2022|2022|
||8|F|
|Property expenses|1,932|1,932|
|Bank charges|28|28|
|Brokers fee|9,763|9,763|
|Other expenses|10,000|10,000|
||21,723|21,723|



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||||Grant|||
|---|---|---|---|---|---|
||||funding of|Support|Total|
||||activities|costs|funds|
||||2023|2023|2023|
|||||8|E|
|Grant|funding|ofactivities|113,276|14,507|127,783|
||||Grants|Support|Total|
||||payable|costs|funds|
||||2022|2022|2022|
|Grant|funding|ofactivities|167,737|12,940|180,677|





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||||Total|Total|
|---|---|---|---|---|
|||Activities|funds|funds|
|||2023|2023|2022|
||||6|E|
|Legal and professional|fees|2,673|2,673|3,441|
|Accountancy fees||11,720|11,720|8,317|
|Other services||114|114|1,182|
|||14,507|14,507|12,940|





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|||2023<br>2022|
|---|---|---|
|Albury Old Saxon Church<br>Albury Sports Club<br>Alnwick<br>District Foodbank<br>Alnwick Playhouse<br>Atlantic Salmon Trust<br>Battlefields Trust<br>Bay Food Bank<br>British Red Cross<br>Brownlee family donation<br>Campbell<br>Rowntree<br>Chatton Village Hall Trust<br>Chameleon<br>Buddies<br>Country Food Trust<br>Curfew Action<br>Daft as a Brush Cancer Care<br>Dementia<br>Matters<br>Duchess<br>High School Trust<br>Friend ofthe Hurtwood<br>Game and Wildlife Conservation<br>Trust<br>Great North AirAmbulance<br>Service<br>Groundwork<br>North East<br>Hepple Village Hall<br>Hindmarsh<br>Hall<br>Hope Estates<br>Hospice Care North Northumberland<br>Hounslow<br>Community<br>Foodbox<br>John The Baptist Alnmouth<br>Longhoughton<br>Parish<br>Hall<br>MACPI<br>Meadowell<br>Connected<br>NDAS<br>NE Youth Ltd<br>Newcastle<br>Food Bank<br>Northumberland<br>Log Bank<br>Northumberland<br>Community<br>Bank<br>Northumberland<br>National<br>Park Mountain<br>Northumberland<br>Scouts<br>Pathways 4All Ltd<br>Red Squirrel Survival Trust<br>Scottish Land and Estates<br>Scottish Conservatives<br>Smart Rivers Hub Support<br>Solidarity Farm CIC<br>StMichael's Church<br>The County Trust<br>The Hextol Foundation<br>The Scottish Moorland<br>Group cfo Scottish <br>Tyne Rivers Trust|Rescue<br> Land &Estates|2,833<br>10,000<br>1,500<br>1,000<br>2,798<br>1,000<br>7,266<br>1,500<br>5,000<br>7,000<br>1,000<br>1,000<br>1,000<br>2,628<br>1,500<br>1,000<br>1,500<br>3,000<br>5,100<br>1,500<br>1,065<br>1313<br>2,500<br>2,000<br>7,168<br>2,500<br>5,000<br>2,000<br>5,000<br>10,000<br>~1DO<br>5,000<br>5,000<br>10,000<br>10,000<br>1,000<br>5,000<br>4,000<br>5,000<br>2,500<br>1,500<br>4,500<br>5,000<br>8,000<br>25,000<br>5,000<br>5,965<br>2,200<br>1,807<br>7,500<br>30,000<br>1,544<br>2,500<br>3,600<br>~2DO<br>~871~116|





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|||||2023|2022|
|---|---|---|---|---|---|
|Brought forward from previous||page||SS,ST1|153,616|
|Upper Coquetdale|Community|Transport||4,831||
|York University<br>Donations less than|61,000paid to46 (2022:44) charitable||institutions|~11 276<br>3,000<br>~L4H|167737<br>~321|



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|Auditors'<br>remuneration|||||
|---|---|---|---|---|
||||2023|2022|
|||||F|
|Fees payable to the chadity's|auditor for the audit ofthe charity's|annual|||
|accounts|||8,000|5,500|



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|||Investments||
|---|---|---|---|
||Listed|in joint||
||investments|ventures|Total|
||E|E|E|
|Cost or valuation||||
|At 1 April 2022|4,028,291|2,776,523|6,804,814|
|Revaluations|(250,529)|555,841|305,312|
|At 31 March 2023|3,777,762|3,332,384|7,110,126|
|Net-book value||||
|At 31 March 2023|3,777,782|3,332,364|7,110,126|
|At 31 March 2022|4,028,291|2,776,523|6,804,814|



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||Freehold|
|---|---|
||investment|
||property|
||E|
|Valuation||
|At 1 April 2022|105,000|
|At 31 March 2023|105,000|





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|||2023|2022|
|---|---|---|---|
|||E|F|
|Trade creditors||2,406|3,129|
|Other creditors||672|3,767|
|Accruals and deferred|income|8,820|5,500|
|||11,898|12,396|



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|Statement|offunds - curr|ent year|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1|||Gains/|31Isarch|
|||April 2022|Income|Expenditure|(Losses)|2023|
|||r.|E|6|E|E|
|Unrestricted|funds||||||
|General||325,360|216,697|(128,164)||413,893|
|Endowment|funds||||||
|Expendable|fund|6,935,402||(10,106)|305,311|7,230,607|
|Total offunds||7,260,762|216,697|(138,270)|305,311|7,644,500|





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||||||||Balance at|
|---|---|---|---|---|---|---|---|
|||Balance at|||Transfers|Gains/|31 March|
|||1 April 2021|Income|Expenditure|in/out|(Losses)|2022|
||||F|F||E||
|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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|Analysis|of net assets between funds - cur|rent year|||
|---|---|---|---|---|
|||Unrestricted|Endowment|Total|
|||funds|funds|funds|
|||2023|2023|2023|
|||||6|
|Fixed asset investments|||7,110,126|7,110,126|
|Investment|property||105,000|105,000|
|Current assets||425,791|15,481|441,272|
|Creditors due within one year||(11,898)||(11,89S)|
|Total||413,893|7,230,607|7,644,500|





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|||Unrestricted|Endowment|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2022|
|||||6|
|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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