2023-04-05-accounts

			Page
Legal and	administrative information
Trustees'	report		2-5
Statement	oftrustees'	responsibilities
Independent examiner's report
Statement	of financial	activities
Statement	of financial	position
Statement	of cash flows		10
Notes to the financial		statements	11 —17
Investment schedule			18-28

Trustees				Mrs Susanna	Peake	Peake
				Mrs Katharine	Loyd
Charity	number			283462
Principal	office /Address		for appeals	8 Finsbury Circus
				London
				EC2M 7AZ
Independent		examiner		Kerry Roberts	TEP FMAAT			MCSI
				Rathbones Trust		Company		Limited
				Port of Liverpool		Building
				Pier Head
				Liverpool
				L3 1NW
Bankers				Lloyds Bank Pic
				High Street
				Moreton-in-Marsh
				Gloucestershire
				GL56 OAY
Solicitors				Currey 8 Co
				33Queen Anne Street
				London
				W1G 9HY
Investment		advisors		Sarasin and Partners			LLP
				Juxon House
				100St Paul's	Churchyard
				London
				EC4M 8BIJ

					Unrestricted	Unrestricted
					funds	funds
					2023	2022
				Notes
Income
Investments					239,072	179,809
Total income					239,072	179,809
Expenditure
Raising funds					34,895	31,275
Charitable activities					171,945	229,959
Total resources expended					206,840	261,234
Net income / (expenditure)		before investment	gains		67,127	(50,150)
Net (losses) / gains on investments				13	(859,738)	517,809
Net movement	in funds				(827,506)	436,384
Fund balances	at 6April 2022				9,854,556	9,418,172
Fund balances at 5April		2023			9,027,050	9,854,556

						2023		2022
					Notes
Fixed assets
Investments					10		8,655,310		9,551,324
Current assets
Debtors						4,203		4,878
Cash at bank	and	in	hand			380,004		309,757
						384,207		314,635
Creditors: amounts			falling	due within
one year					12	(12,467)		(11,403)
Net current assets							371,740		303,232
Total assets	less	current		liabilities			9,027,050		9,854,556
Income funds
Unrestricted	funds						9,027,050		9,854,556
							9,027,050		9,854,556

							2023		2022
						Notes
Cash flows from operating			activities
Cash absorbed by operations						14		(207,840)		(259,731)
Investing	activities
Purchase	of investments						(2,134,936)		(1,303,932)
Proceeds	on disposal of	investments					2,111,289		1,020,878
Investment	income received						241,811		182,063
Net cash	generated from/(used			in)
investing	activities							218,164		(100,991)
Net increase/(decrease)		in	cash and		cash
equivalents								10,324		(360,722)
Cash and	cash equivalents		at beginning		ofyear			447,638		808,360
Cash and	cash equivalents		at end of		year	15		380,004		447,638

	2023	2022
Income from listed investments	55,419	25,139
Unit trust income	71,151	89,065
Fixed interest	13,468	15,380
Unit trust interest	2,588	1,477
REITS	11,740	4,460
Foreign income	81,678	46,264
Interest receivable	5,767	278
Unrecoverable tax	(2,739)	(2,254)
	239,072	179,809

2023	2022
	F
34,895	31,275
34,895	31,275

		2023	2022
Grant funding (see note 16)		169,500	228,000
Governance costs (see note 7)		2,445	1,959
		171,945	229,959
Grants	payable
		2023	2022
			F
Grants	to institutions:
Education and Children		20,000	32,500
Local Charitable Organisations		38,000	33,500
Medical	and Hospices	30,000	87,500
Elderly	and Disabled	23,000	25,500
International		21,000	25,500
General		34,500	18,500
Animal	and Environment	3,000	5,000
		169,500	228,000

Support co	sts
		Support	Governance	2023Support	costs	Governance	2022
		costs	costs			costs
					F	F
LEI fee			45	45		39	39
Independent	examiner's
fee			2,400	2,400		1,920	1,920
			2,445	2,445		1,959	1,959

Fixed asset investments	Fixed asset investments	Fixed asset investments	Listed	Cash in	Total
			investmentsf	portfoliof
Valuation
At 6April	2022		9,413,443	137,881	9,551,324
Additions			2,134,936		2,134,936
Valuation	changes		(785,579)		(785,579)
Realised	(losses)		(74,159)		(74,159)
Cash available		to invest		(59,923)	(59,923)
Disposals			(2,111,289)		(2,111,289)
At 5April	2023		8,577,352	77,958	8,655,310
At 5April	2022		9,413,443	137,881	9,551,324

Investments repres	enting m	or	e than 5%ofthe	porffolios tota	l market value:
Investment				Units	Market Value	%of Total	Market
							Value
Sarasin Income and	Reserves	Fund ClassAlnc		474,000	448,736	5.23%
JP Morgan American	Investment		Ord	90,000	629,100	7.34%
						2023	2022
Listed investments						8,577,352	9,413,443
Cash in investment	porffolio					77,958	137,881
						8,655,310	9,551,324

11	Debtors
						2023	2022
	Amounts falling due within one year:
	HMRC tax	repayable				4,203	4,878
						4,203	4,878
12	Creditors:	amounts falling due within one		year
						2023	2022
	Investment	management fee				8,417	8,013
	Independent examiners fee					4,050	3,390
						12,467	11,403
13	Net gains	on investments
						Unrestricted	Unrestricted
						funds	funds
						2023	2022
							F
	Revaluation	of investments				(785,579)	584,660
	(Loss) on sale of investments					(74,159)	(66,851)
						(859,738)	517,809
14	Cash generated from operations					2023	2022
	(Deficit)/surpus for the year					(827,506)	436,384
	Adjustments for:
	Investment	income recognised	in statement	of financial	activities	(241,811)	(182,063)
	Loss on disposal of investments					74,159	66,851
	Fair value	gains on investments				785,579	(584,660)
	Movements	in working capital:
	Decrease	in debtors				675	2,254
	Increase in creditors					1,064	1,503
	Cash absorbed by operations					(207,840)	(259,731)

Cash	and cash eq	uivalents
			2023	2022
Cash	at bank and	in hand	380,004	309,757
Cash	available to	invest	77,958	137,881
			457,962	447,638

Donations made to	in	s	titutions	during the year
					2023
Action for Stammering		Children			5,000
Action 4 Youth					5,000
All Ears International					5,000
Auditory Verbal UK					5,000
Barn Theatre Project					5,000
British Wireless for the		Blind Fund			5,000
Bourton-on-the-Hill Help			in Need	Charity	2,000
Broughton Hill PCC					3,500
Cobalt Medical Health					5,000
Cotswold Friends					1,000
Deaf Blind UK					5,000
Disasters Emergency	Committee			- Turkey 8 Syria Earthquake
Appeal					10,000
Fight Against Blindness					5,000
Fine Cell Work					3,000
Gloucestershire Playing			Fields Association		10,000
Hope for Tomorrow					5,000
Independence at Home					3,000
Longborough Primary		School			5,000
Longfield Community	Hospice				5,000
Milestone Society					3,500
National Star					10,000
North Cotswolds Foodbank					5,000
Old School Village Hall			(Bourton-on-the-Hill)		5,000
Population Matters					3,000
Pump Aid					3,000
Prisoners' Education	Trust				5,000
REACT					5,000
Read Easy					5,000
RSPB					3,000
Sightsavers					5,000
St James' Church Longborough				PCC	4,500
Support Through Court					3,000
The Gloucestershire	Society				2,000
The Nelson Trust					5,000
The Theatre, Chipping		Norton			5,000
The Trussell Trust					5,000
					169,500