OpenCharities

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2024-04-05-accounts

Charitynumber: 283219
Trustees: LadyHarrietMilnesCoates(principaltrustee)
SimonPaulBurton
IndependentExaminer: KarenRae,ArmstrongWatsonLLP
Accountants: ArmstrongWatsonLLP
ThirdFloor
10SouthParade
LeedsLS15QS
Bankers: BankofScotlandplc
33OldBroadStreet
LondonBX21LB
Investmentmanagers: RathboneInvestmentManagement
1CurzonStreet
LondonW1J5FB
Principaladdress: HerefordCottage
135GloucesterRoad
London
SW74TH
Solicitors: WrigleysLLP
3WellingtonPlace
LeedsLS14AP

LadyHarrietAnnMilnesCoates
HarrietCoates(H.,-ir31.207520:31GM-P1.)
Trustee Date:-31McicAA2.0-23

Unrestrictedfunds Unrestrictedfunds
Capital Income Total Total
2024 2024 2024 2023
Note £ £ £ £
Incomeandexpenditure
Income
Incomefrominvestments 3 29,942 29,942 30,014
Depositinterest 259 259 339
Totalincome 30,201 30,201 30,353
Expenditure
Charitabledonations 7 13,100 13,100 11,000
Administrativeexpenditure
Investmentmanagementfees 6,386 - 6,386 6,215
Accountancyandindependentexamination - 3,600 3,600 3,465
Accountancyfeesunderaccrued - - 25
Bankcharges - 20 20 25
Totalexpenditure 6,386 16,720 23,106 20,730
Netincome/(expenditure) (6,386) 13,481 7,095 9,623
Otherrecognisedgainsandlosses
Gains oncharitableinvestmentassets
Realisedlossesondisposals (13,920) (13,920) (1,661)
Unrealisedgains(losses)onrevaluation 78,155 78,155 (110,356)
Totalotherrecognisedgains 64,235 64,235 (112,017)
Reconciliationoffunds
Netmovementsinfunds 57,849 13,481 71,330 (102,394)
Fundsbroughtforward 1,140,273 (792) 1,139,481 1,241,875
Fundscarriedforward 1,198,122 12,689 1,210,811 1,139,481

Unrestrictedfunds Unrestrictedfunds
Capital Income
fund fund Total Total
2024 2024 2024 2023
Note £ £ £ £
Fixedassets
Investments 4 1,172,370 1,172,370 1,119,586
Currentassets
Cashheldbyinvestmentadviser 43,867 1,729 45,596 24,276
Cashatbank (16,465) 18,025 1,560 6,810
27,402 19.754 47,156 31,086
Creditors:Amountsfalling
duewithinoneyear 5 1,650 7,065 8,715 11,191
Netcurrentassets 25,752 12,689 38,441 19,895
Totalassetslesscurrentliabilities 1,198,122 12,689 1,210,811 1,139,481
Funds 8 1.198,122 12,689 1,210,811 1,139,481

Investment incomearosefromthefollowingsources :
2024 2023
£ £
UnitedKingdom
Equities 8,221 10,821
Collectives 6,728 5,922
Fixedinterestsecurities 4,422 167
Propertyincomedividends 1,786 1,513
Overseas
Equities 7,280 9,699
Fixedinterest 1,505 1,892
29,942 30,014
4. Investments
2024 2023
£ £
Marketvaluebroughtforward 1,119,586 1,216,115
Additionsatcost 244,975 215,526
Disposalsatcarrying value (270,346) (201,699)
Revaluationtocarryingvalue 78,155 (110,356)
Marketvaluecarriedforward 1,172,370 1,119,586
Historicalcost 1,051,132 1,098,098
Allinvestmentsarelistedonarecognisedstockexchang
categories:
eandareheldwithinthefollowin g
2024 2023
£ £
UnitedKingdombasedorganisations:
Companies 405,811 413,058
Collectives 224,984 247,235
Fixedinterestsecurities 138,932 76,049
769,727 736,342
Overseasbasedorganisations:
Companies 382,312 349,694
Fixedinterestsecurities 20,331 33,550
402,643 383,244
1,172,370 1,119,586

5. Creditors 2024 2023
£ £
Accountancyandindependentexaminationfees 7,065 9,616
Investmentmanagementfees 1,650 1,575
8,715 11,191
6. Noteofhistoricalcostincomeandexpenditure 2024 2023
£ £
Netincomefortheyear 7,095 9,623
Realisedgains/(losses)oninvestmentscalculatedusingcost (35,517) 9,826
Historicalcostincomeandexpenditure (28,422) 19,449
Differencebetweenthehistoricalcostgainarisingfromtherealisation 21,597 (11,487)
ofinvestmentsandtheactuallosscalculatedusingcarryingvalues
Unrealisedgains/(losses)onrevaluationofinvestments 78,155 (110,356)
MovementinfundsonStatementofFinancialActivities 71,330 (102,394)

2024 2023 2024 2023
Number Number £ £
Conservation 2 1 6,000 5,000
Educationandarts 1 0 2,000 0
Socialandwelfare 1 1 5,000 5,000
Health 1 1 100 1,100
Totalfortheyear 5 3 13,100 11,000

Conservation
RHS 5,000
VictoriaandAlbertMuseum 1,000
6,000
Educationandarts £
NorthernBallet 2,000
2,000
Socialandwelfare
RidingfortheDisabled 5,000
5,000
Health
MacmillanCancerSupport 100
1,100