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





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|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|||||





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|||Unrestricted|Designated|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|2023|2022|
||Note|||||||
|Income from:||||||||
|Donations||68,118||||68,118|13,970|
|/nvesonent<br>lncoine||193|1,385|232||1,810|1,317|
|Total income||68,311|1,385|232||69,928|15,287|
|Expenditure<br>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)<br>on||||||||
|investments||130|1,385|232||1,747|15,191|
|Gain/(loss)<br>on||||||||
|investment|||1,468|(26)||1,442|(5,095)|
|Net income and net||||||||
|movement<br>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|





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|||||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<br>endowment|fund|||||||
|Cornish Bequest fund|||||19,536||19,330|
|Lennox Hannay<br>designated||fund|||50,162||47,309|
|General fund|||||17,121||16,991|
||||||86,824||83,635|





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|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||





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|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<br>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<br>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|





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|ANAL|YSIS O|F NET ASSETS|BETWEEN FUNDS||||
|---|---|---|---|---|---|---|
|||||Current|Current||
||||Investraents|Assets|Liabilities|Net assets|
|Current|year:||||||
|Permanent<br>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<br>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|





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|||Unrestricted|Designated|Restricted|Endowment|Total|
|---|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|2022|
|Income from:|||||||
|Donan'ons||13,970||||13,970|
|Investment<br>income|||1,031|278||1317|
|Total income||13,978|1,031|278||15,287|
|Expenditure<br>on:|||||||
|Charitable<br>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<br>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|