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2023-06-30-accounts


CONTENTS			Page
Reference and administrative		details
Trustees' report
Independent auditor's	report
Statement offinancial	actrvitres
Balance sheet
Notes to the financial	statements

Trustees				Mr TJDouglas-Horne	Mr TJDouglas-Horne	Mr TJDouglas-Horne	BA
				Mrs KHerzog Parsons
				Mr WA Wells
Principal	address			57 Palace Street
				London
				SWIE 5HJ
Charity registration			number	284569
Independent		Auditor		Haysmacintyre	LLP
				IO Queen Street	Place
				London
				EC4R IAG
Investment		managers		CCLA Investment		Management		Limited
				SO Cheapside
				London
				EC2V 6DZ
Principal	bankers			CAP Bank
				25 Kings Hill Avenue
				West Mailing
				Kent
				ME194JQ

		Unrestricted	Designated	Restricted	Endowment	Total	Total
		Funds	Funds	Funds	Funds	2023	2022
	Note
Income from:
Donations		68,118				68,118	13,970
/nvesonent lncoine		193	1,385	232		1,810	1,317
Total income		68,311	1,385	232		69,928	15,287
Expenditure on:
Char&tab!e acavities		68,118				68&118
Bank charges						63	96
Total expenditure		68,181				68&181	96
Net income for the
year before
gain/(loss) on
investments		130	1,385	232		1,747	15,191
Gain/(loss) on
investment			1,468	(26)		1,442	(5,095)
Net income and net
movement in funds		130	2,853	206		3,189	10,096
Balances bmught
forward at 1 July		16,991	47,309	19,330	5	83,635	73,539
Balances canied
forward at30June		17,121	50,162	19,536	5	86,824	83,635

				2023		2022
			Note
FIXEDASSETS
Investments					56,813		55,371
					56,813		55,371
CURRENT ASSETS
Cash at bank and in hand				98,129		28,264
				98,129		28,264
CREDITORS: amounts	falling due within one
year			5	(68,118)
NET CURRENT ASSETS					30,011		28,264
NET ASSETS					86,824		83,635
REPRESENTED BYFUNDS AND
RESERVES
Permanent endowment	fund
Cornish Bequest fund					19,536		19,330
Lennox Hannay designated		fund			50,162		47,309
General fund					17,121		16,991
					86,824		83,635

2.	DONATIONS							Unrestricted	Total
								Funds	Funds
	Current year:
	Gills and donations							68,118	68,118
	Prior year:
	Gills and donations							13,970	13,970
3.	CHARITABLE ACTIVITIES
								2023	2022
	Donations to Westminster		City School from unrestricted			funds		68,118
	Other expenditure	on charitable		activities				63	96
								68,181	96
	Other than the above donations			to Westminster	City School, no other transactions			with related parties	occurred
4.	FIXEDASSETINVESTMENTS
							Market value		Cost
						2023	2022	2023	2022
	CCLA COIF - Investments					56,813	55371	60,000	60,000
5.	CREDITORS DUE WITHIN			ONE YEAR
								2023	2022
	Grant aecruals							68,118

FUND MO	VEMENTS
				Cornish	Lennox
		Permanent		Bequest	Hannay	General
		Endowment		Fund	Fund	Fund	Total
Balance at	I July 2021			20,425	50,000	3,109	73,539
Income
Donations						13,970	13,970
Investment	income			278	1,031	8	1,317
				278	1.031	13,978	]5,287
Expenditure
Charitable activities
Bank charges						96	96
						96
Loss on investments				(1,373)	(3,722)		(5,095)
Balance at	30June 2022		5	19,330	47,309	16,991	83,635
Income
Donations						68,118	68,118
investtnentincotne				232	1485	193	1,810
				232	1385	68,311	69,928
Expenditure
Charitable activities						68,118	68,118
Bank charges						63	63
						68,181	68,181
Gain on investraents				(26)	1,468		1,442
Balance st	30June 2023		5	19,536	50,162	17,121	86&824

ANAL	YSIS O	F NET ASSETS	BETWEEN FUNDS
				Current	Current
			Investraents	Assets	Liabilities	Net assets
Current	year:
Permanent Endowment				5		5
Cornish	Bequest	Fund	9,066	10,470		19,536
Lennox	Hsnnay	Fund	47,747	2,415		50,162
General	Fund			85,239	68,118	17,121
			56,813	98,129	68,118	86,824
				Current	Current
			Investments	Assets	Liabilities	Net assets
Prior year:
Permanent Endowment				5		5
Cornish	Bequest	Fund	9,229	10,101		19,330
Lennox	Hannay	Fund	46,142	1,167		47,309
General	Fund			16,991		16,991
			55,371	28,264		83,635

		Unrestricted	Designated	Restricted	Endowment	Total
		Funds	Funds	Funds	Funds	2022
Income from:
Donan'ons		13,970				13,970
Investment income			1,031	278		1317
Total income		13,978	1,031	278		15,287
Expenditure on:
Charitable activities
Bank charges		96				96
Total expenditure		96				96
Net income for the year
before loss on investments		13,882	1,031	278		15,191
Loss on investment			(3,722)	(1,373)		(5,095)
Net income/(expenditure)	and
net movement in funds		13,882	(2,691)	(1,095)		10,096
Balances brought forward	at 1
July		3,109	50,000	20,425	5	73,539
Balances carried forward	at
30June		16,991	47,309	)9,330	5	83,635