## ## ||||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|