CORNWALL LEUKAEMIA TRUST ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2022
| Page | ||
|---|---|---|
| Trustees' Annual Report |
1—3 | |
| Independent Examiner's |
Report | |
| Statement of Financial | Activities | |
| Balance Sheet | ||
| Notes to the Accounts | 7-9 |
| Unrestricted | funds | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| E | ||||
| Income from: | ||||
| Donations | 16,389 | 6,440 | ||
| Gift Aid | 750 | 404 | ||
| Investment income |
21,532 | 20,599 | ||
| Total | 38,671 | 27,443 | ||
| Expenditure on: |
||||
| Charitable activities |
||||
| Patient grants | 43,645 | 29,409 | ||
| Sundry expenses | 7 | |||
| Website expense | 2,033 | 270 | ||
| Professional charges |
10,544 | 11,000 | ||
| Salary contribution | 24,429 | 26,873 | ||
| Training/Course | fees | 1,770 | 1,735 | |
| Honorarium | 262 | 500 | ||
| Donation | 158 | |||
| Equipment | 24 | |||
| Total | 82,707 | 69,952 | ||
| Net (expenditure) | (44,036) | (42,509) | ||
| Other recognised gains and losses |
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| Unrealised and realised gains/(losses} |
||||
| on investment assets |
(78,821) | 91,365 | ||
| Net movement in funds |
(122,857) | 48,856 | ||
| Fund balance brought | forward at 1 January 2022 | 936,210 | 887,354 | |
| Fund balance carried | forward at 31 December 2022 | 813,353 | 936,210 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | |||||
| Fixed | assets: | ||||
| Investments | 790,792 | 912,649 | |||
| 790,792 | 912,649 | ||||
| Current assets | |||||
| Debtors and prepayments | 3,552 | 2,363 | |||
| Short term deposits | |||||
| Monies held with | investment | managers | 10,600 | 19,708 | |
| Cash at bank and | in hand | 12,580 | 5,799 | ||
| 26,732 | 27,870 | ||||
| Current liabilities | |||||
| Creditors and accruals |
(4,171) | (4,309) | |||
| Net current assets | 22,561 | 23,561 | |||
| Total | assets less current liabilities | 813,353 | 936,210 | ||
| Funds | |||||
| Unrestricted | 813,353 | 936,210 |
| Listed Investments | ||||
|---|---|---|---|---|
| Market value at 1 January 2022 | 912,649 | |||
| Additions | at cost | 32,313 | ||
| Disposal | proceeds | (75,349) | ||
| Unrealised | and realised | gain on revaluation | and disposal | (78,821) |
| Market value at 31 December 2022 | 790,792 |
| The individual market values ofthe investmen |
ts were: |
|
|---|---|---|
| 2022 | 2021 | |
| Insight Inv. UK Government |
g 11,324 |
14,832 |
| Royal Dutch Shell | 15,119 | 17,441 |
| BHP Billiton | 10,023 | 10,887 |
| Glaxosmithkline | 12,766 | 20,564 |
| Artemis US | 26,003 | 30,555 |
| Dodge 8 Cox | 16,433 | 16,182 |
| JP Morgan US Equity Income | 54,883 | 62,270 |
| Aviva —UK US Equity | 19,738 | 18,982 |
| Allianz Global | 14,242 | 19,241 |
| First Sentier | 20,094 | 22,138 |
| Jupiter | 11,841 | 14,623 |
| Fidelity UCITS ICAV | 25,119 | 25,689 |
| Aegon AM | 11,587 | 14,443 |
| Muzinich | 12,359 | 13,950 |
| PIMCO Global | 15,472 | 18,875 |
| BNY Mellon Fund | 12,493 | 13,806 |
| BNY Mellon Fund: Global | 14,510 | 13,802 |
| Relx PLC | 11,554 | 12,130 |
| Ferguson | 13,298 | 16,512 |
| Rio Tinto | 16,524 | 17,122 |
| 31 Group | 21,316 | 23,025 |
| Diaego | 14,235 | 19,978 |
| Experian | 'I2,377 | 15,981 |
| Fil lnv | 11,069 | 14,247 |
| Findlay Park | 24,862 | 28,154 |
| The | individual | market values ofthe | ||||||
|---|---|---|---|---|---|---|---|---|
| investments | were (continued): | |||||||
| Ninety One Managers | Diversified | Income | g | 13,513 | g | 14,851 | ||
| Legg Mason | 15,628 | 16,781 | ||||||
| MKG UK | 11,024 | |||||||
| Morgan Stanley Investment | Management: | Asia | 16,834 | 19,122 | ||||
| National Grid |
11,271 | 11,976 | ||||||
| TR Property | 11,976 | 19,384 | ||||||
| SSGA | 28,356 | 25,980 | ||||||
| Schroder | 15,259 | 15,970 | ||||||
| Unilever | 12,964 | 12,231 | ||||||
| Baillie Gifford American | 10,938 | 22,096 | ||||||
| JP Morgan AM UK |
15,665 | 11,965 | ||||||
| Legal and General | 9,630 | 11,484 | ||||||
| Lindsall Train | 15,181 | 16,042 | ||||||
| Premier Portfolio European | 12,866 | 'I6,521 | ||||||
| Twenty Four Global |
15,700 | 19,709 | ||||||
| Ruffer Inv Co | 15,146 | |||||||
| Others less than F10,000 | 140,624 | 152,614 | ||||||
| 790,792 | 912,649 | |||||||
| 3. CREDITORS |
||||||||
| 2022 | 2021 | |||||||
| Accruals | 4,171 | 4,309 | ||||||
| 4,171 | 4,309 | |||||||
| 4. STAFF COSTS |