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|Legal and|administrative|information||
|Trustees'|report||2-4|
|Independent
examiner's||report||
|Statement|offinancial
activities|||
|Statement|offinancial
position|||
|Statement|ofcash flows|||
|Notes to the accounts|||9-14|
|Schedule|ofinvestments|and income|15|
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|Trustees|||Mrs S EAcland|||
|---|---|---|---|---|---|
||||Mr H AAcland|||
||||Mrs D FAcland|||
||||Mrs L H Morris|||
||||Mr N H Rowbotham|||
|Charity|number||278692|||
|Principal|office||The Manor|||
||||Notgrove|||
||||Nr Cheltenham|||
||||Gloucestershire|||
||||GL54 3BT|||
|Independent||examiner|Kerry Clayton TEP FMAAT||MCSI|
||||Rathbones
Trust|Company|Limited|
||||Port of Liverpool|Building||
||||Liverpool|||
|Bankers|||C Hoare 8 Co|||
||||37 Fleet Street|||
||||London|||
||||EC4P 4DQ|||
|Investment||advisors|Whitley Asset Management||Limited|
||||116Princedale|Road||
||||London|||
||||W11 4NH|||
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||||||Unrestricted|Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
||||||2022||2021|
|||||Notes||||
|Income||||||||
|Investments|||||150,259||169,061|
|Other income|||||1,611||212|
|Total income|||||151,870||169,273|
|Expenditure||||||||
|Raising funds|||||107,317||57,111|
|Charitable
activities|||||70,842||241,218|
|Total resources|expended||||178,159||298,329|
|Net (expenditure)||before investment|(losses) Igains||(26,289)||(129,056)|
|Net (losses) Igains||on investments||12|(2,420,454)||1,717,850|
|Net movement|in funds||||(2,446,743)||1,588,794|
|Fund balances|at 1 October 2021||||10,812,607||9,223,813|
|Fund balances|at|30September 2022|||8,365,864||10,812,607|
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|||||2022||2021|
|---|---|---|---|---|---|---|
||||Notes|||E|
|Fixed assets|||||||
|Investments|||13||8,114,916|10,834,033|
|Current assets|||||||
|Debtors|||14|460|||
|Cash at bank|and in|hand||333,075||99,222|
|||||333,535||99,222|
|Creditors: amounts||falling due within|15||||
|one year||||(77,587)||(84,648)|
|Net current assets|||||255,948|14,574|
|Total assets|less current liabilities||||8,370,864|10,848,607|
|Creditors: amounts||falling due after|16||||
|more than one year|||||(5,000)|(36,000)|
|Net assets|||||8,365,864|10,812,607|
|Income funds|||||||
|Unrestricted|funds||||8,365,864|10,812,607|
||||||8,365,864|10,812,607|
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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||||
|Cash flows from operating||activities|||||||
|Cash absorbed
by operations||||17||(218,586)||(185,713)|
|Investing|activities||||||||
|Purchase|of investments||||(1,760,837)||(11,733,177)||
|Proceeds|on disposal ofinvestments||||1,649,497||12,288,998||
|Dividends|and interest received
from investments||||153,776||171,639||
|Net cash|generated
from investing
activities|||||42,436||727,460|
|Net (decrease)/increase
in||cash and|cash||||||
|equivalents||||||(176,150)||541,747|
|Cash and|cash equivalents
at beginning||ofyear|||978,790||437,043|
|Cash and|cash equivalents|at end of|year|19||802,640||978,790|
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||||2022|2021|
|---|---|---|---|---|
||||E||
|Investment
custody fees|||9,116||
|Investment
management||fees|98,201|57,111|
||||107,317|57,111|
|Charitable
activities|||||
||||2022|2021|
|||||E|
|Grant funding
ofactivities||(see note 7)|68,750|239,012|
|Share of governance|costs (see note 8)||2,092|2,206|
||||70,842|241,218|
|Grants payable|||||
||||2022|2021|
||||E||
|Grants to institutions:|||||
|Local charities
and hospices|||20,750|48,912|
|The arts 8 museums|||12,500|10,500|
|Youth 8 education|||13,000|66,600|
|Other national
and general
payments|||22,500|41,000|
|Other||||72,000|
||||68,750|239,012|
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|Support and|governance
costs||||||
|---|---|---|---|---|---|---|
|||Support|Governance|2022|2021|Basis ofallocation|
|||costs|costs||||
|||f|||||
|Independent|examiners fee||1,722|1,722|1,794|Governance|
|Bank charges|||370|370|412|Governance|
||||2,092|2,092|2,206||
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|||2022|2021|
|---|---|---|---|
||||E|
|Unrealised|(loss) / gain|(1,618,173)|851,500|
|Realised|(loss) / gain on sale ofinvestments|(802,281)|866,350|
|||(2,420,454)|1,717,850|
|Fixed asset inves|tments||||
|---|---|---|---|---|
|||Listed|Cash in|Total|
|||investments|portfolio||
|||E|||
|Cost or valuation|||||
|At 30September 2021||9,954,465|879,568|10,834,033|
|Additions||1,760,837||1,760,837|
|Realised (loss)||(1,618,173)||(1,618,173)|
|Unrealised
(loss)||(802,281)||(802,281)|
|Cash available to|invest||(410,003)|(410,003)|
|Disposals||(1,649,497)||(1,649,497)|
|At 30September|2022|7,645,351|469,565|8,114,916|
|||2022||2021|
|Listed investments||7,645,351||9,954,465|
|Cash in investment|portfolio|469,565||879,568|
|||8,114,916||10,834,033|
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|14|Debtors: amounts
falling due|Debtors: amounts
falling due|Debtors: amounts
falling due|Debtors: amounts
falling due|Debtors: amounts
falling due|within one|year||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|2021|
||||||||||F|F|
||Other debtors||||||||460||
|15|Creditors:|amounts
falling due within one year|||||||||
||||||||||2022|2021|
||||||||||F.|F|
||Independent|examiner's||fee|||||1,800|3,354|
||Investment|management||fee|||||24,787|27,794|
||Donations|payable|||||||51,000|53,500|
||||||||||77,587|84,648|
|16|Creditors:|amounts
falling due after more than one||||||year|||
||||||||||2022|2021|
||||||||||F|F|
||Donations|payable|||||||5,000|36,000|
|17|Cash generated
from|||operations|||||2022|2021|
||||||||||F|F|
||(Deficit)/surpus
for the||year||||||(2,446,743)|1,588,794|
||Adjustments|for:|||||||||
||Investment|income recognised||||in statement|offinancial|activities|(154,236)|(169,273)|
||Loss/(gain)|on disposal||ofinvestments|||||802,281|(866,350)|
||Fair value gains and losses on|||||investments|||1,618,173|(851,500)|
||Movements|in working||capital:|||||||
||(Decrease)/increase
in|||creditors|||||(38,061)|112,616|
||Cash absorbed
by operations||||||||(218,586)|(185,713)|
|18|Analysis ofchanges||in net funds||||||||
||The Trust had no debt||during||the year.||||||
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|19|Cash and cash equivalents|Cash and cash equivalents|||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||Cash at bank and
in hand||||333,075|99,222|
||Cash available
to invest||||469,565|879,568|
||||||802,640|978,790|
|20|Donations
made to|institutions||during the year|||
||3 Choirs|||||5,000|
||Allsorts|||||1,000|
||Amberley
Shop|||||2,000|
||Barn Theatre||||10,000||
||Barton Camp|||||4,000|
||Brockworth
House Residents||Fund|||10,000|
||Cheltenham
Festivals|||||60,000|
||Cirencester
Housing|for Young People (C H YP)||||3,000|
||City Farms for City Children||||5,000||
||Community
Awareness||||3,000||
||Coram Life Education|Gloucester||||3,000|
||Conservation
Board|||||800|
||Donkathon|||||2,500|
||Family Space||||4,000||
||FareShare South West||||3,000||
||Friends ofCotswold|||||10,000|
||GL11 Community
Hub||||3,000|5,000|
||Great Western Air Ambulance||||15,000|6,000|
||Home Start Cotswold|||||10,000|
||ITSchools Africa||||2,500|5,000|
||James Hopkins Trust|||||3,112|
||Listening Post Gloucester||||2,500||
||Longfield|||||5,000|
||Lumbs Foundation|||||24,000|
||Middle ofthe Hill Group||||250||
||Mulberry
Bush School|||||5,000|
||National
Star|||||3,000|
||Read Easy UK|||||24,000|
||Read for Good||||5,000|3,000|
||Smallpeice
Trust|||||6,600|
||The Gloucestershire|Society||||2,500|
||The Guiting
Music Festival||||2,500|2,500|
||The Wheels Project||||5,000||
||Wootton Drama School|||||3,000|
||Young Gloucestershire||||5,000|30,000|
||YMCA||||3,000||
||||||68,750|239,012|