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|Contents|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Page:|||||||||||
||Legal and administrative<br>information||||||||||
|2-4|Annual|Report of the Trustees|||||||||
||Independent<br>examiners'<br>report||||||||||
||Statement of Financial Activities||||||||||
||Balance Sheet||||||||||
|8-11|Notes forming<br>part ofthe Financial Statements||||||||||
|Constitution||Sarnia<br>Charitable<br>Trust<br>was|established||under|Deed of|Trust|dated||25 July 1979,|
|||followed<br>by a supplemental<br>Deed dated 23 September 1980.|||||||||
|||The registered<br>number of the Charity||is 281417.|||||||
|Trustees||Dr Timothy<br>Nigel Dexter Peet|||||||||
|||Mrs Christina<br>Vanessa Elizabeth|Benfield||||||||
|||Mrs Josephine<br>Apsion|||||||||
|||Miss Catherine<br>Peet|||||||||
|||Mr Robert Benfieid|||||||||
|Trust Administrator||BDO LLP, Two Snowhill,<br>Birmingham,||84 6GA|||||||
|||and this is also the registered|address|of the Trust|||||||
|Independent|Examiners|Mr R MacLaren ofMichaei Dufty Partnership|||Limited||||||
|||The Counting<br>House, 61 Charlotte Street,|||St Paul's|Square,|Birmingham,|||P3 1PX|
|Bankers||Barclays Bank PLC, Edgbaston|Branch,|38 Hagley Road, Birmingham,|||||B168NY||
|Investment|Advisors|Evelyn Partners,<br>14th Floor, 103Colmore|||Row, Birmingham,||83|3AJ|||
|Solicitors||Shakespeare<br>Martineau<br>LLP, No 1 Colmore|||Square,|Birmingham,||84|6AA||





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|he largest grants we|re:|||
|---|---|---|---|
||||E|
|Rotary club of Guernsey|||6,000|
|Norfolk and Norwich|Naturalists|Society|5,000|
|Guernsey<br>Aid|||5,000|





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|||||Unrestricted|fund|Unrestricted|fund|
|---|---|---|---|---|---|---|---|
|||||2022||2021||
||||Note|E|E|E|E|
|INCOME AND ENDOWNMENTS|FROM:|||||||
|Investments|||||36,318||29,337|
|EXPENDITURE ON:||||||||
|Charitable<br>activities||||||||
|Grant making|||3|26,500||11,000||
|Grant related support costs|||4|2,240||1,450||
|Cost of grant making|||||28,740||12,450|
|Other|||||11,677||7,675|
|TOTAL EXPENDITURE|||||40,417||20,125|
|NET INCOME/(EXPENDITURE)|||||(4,099)||9,212|
|GAINS/(LOSSES) ON INVESTMENT ASSETS||||||||
|Unrealised<br>(losses)/gains<br>on investments|||5||64,470||295,033|
|Reahsed (losses)/gains<br>on investment||assets|5||9,739||(3,362)|
|NET MOVEMENT<br>IN FUNDS|||||70,110||300,883|
|Total funds brought<br>forward|||||1,350,669||1,049,786|
|TOTAL FUNDS CARRIED FORWARD|||||1,420,779||1,350,669|





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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Note|E||||
|FIXEDASSETS||||||||
|Investments|||||1,347,834||1,277,501|
|CURRENT ASSETS||||||||
|Debtors|||6|1,922||9,207||
|Cash at bank|and in||hand|73,094||65,443||
|||||75,016||74,650||
|LIABILITIES||||||||
|Creditors: amounts||falling due within one year 7||2,071||1,482||
|NET CURRENT ASSETS|||||72,945||73,168|
|NET ASSETS|||||1,420,779||1,350,669|
|THE FUNDS|OF THE||CHARITY|||||
|Unrestricted|funds||||1,420,779||1,350,669|





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|||||2022|2021|
|---|---|---|---|---|---|
|||||E|E|
|Dividends||||36,311|29,319|
|Interest<br>- gross||||7|18|
|||||36,318|29,337|
|GRANTS||||||
|||||2022|2021|
|||||E|E|
|Friends of KGV||||500||
|Great Western|Society|||2,000||
|Guernsey<br>Aid||||5,000||
|Kent Wildlife Trust|||||1,000|
|Norfolk and Norwich||Naturalists|Society|5,000|3,000|
|Norfolk Wildlife Trust||||3,000|3,000|
|Rotary club of Guernsey||||6,000||
|Ted Ellis Trust|||||2,000|
|The Suffolk Wildlife Trust||||3,000||
|The Wildlife Trust||||2,000|2,000|
|||||26,500|11,000|



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|||Basis of|||||
|---|---|---|---|---|---|---|
|||apportion-|Charitable||Total|Total|
|||ment|activity|Governance|2022|2021|
||||E|E|E|E|
|Independent|Examiner's fee|0/1||474|474|420|
|Other expenses||1/5|2,240|11,203|13,443|8,705|
||||2,240|11,677|13,917|9,125|



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|INVESTMENTS||||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||E|E|
|Quoted investments:||||||||
|Market value 6 April 2021||||||1,233,579|952,953|
|Additions||||||70,67'I|176,073|
|Disposals||||||(84,726)|(187,118)|
|Net realised investment|(losses)/gains|||||9,739|(3,362)|
|Net unrealised<br>investment||(losses)/gains||||64,470|295,033|
|Market value 5 April 2022||||||1,293,733|1,233,579|
|Uninvested<br>cash capital||||||54,101|43,922|
|||||||1,347,834|1,277,501|
|Historical Cost at 5 April|2022|||||988,623|992,939|
|There were 10disposais<br>during the year producing||||net realised gain of E9,739.||||
|There are 59 investments||constituting|the Fund (excluding the uninvested||cash|capital):||
|||||||Market||
|||||||value||
|Fixed interest<br>and stock -||17holding||||402,257|29.9|
|Equities (aR based in the|UK) - 29 holding|||||621,569|46.1|
|Equities (overseas)<br>-13holding||||||269,907|20.0|
|Uninvested<br>cash capital||||||54,101|4.0|
|||||||1,347,834|100|





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|6.|DEBTORS|||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|E|
||Dividends|||||||1,922|9,207|
|7.|CREDITORS|||||||2022|2021|
|||||||||E|E|
||Independent|Examiner's fee||||||978|420|
||Accountancy|Fees||||||1,093|1,062|
|||||||||2,071|1,668|
|8.|STATEMENT|OF MOVEMENTS||ON UNRESTRICTED||FUNDS||||
|||||Balance|||Expenditure||Balance|
|||||5 April|||gains B||5 April|
|||||2021|Income||losses|Transfers|2022|
|||||E||E|E|E|E|
||Investment|Fund||1,277,501||||70,333|1,347,834|
||General<br>Fund|||73,168||36,318|33,792|(70,333)|72,945|
||Total unrestricted||funds|1,350,669||36,318|33,792||1,420,779|



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