2024-04-05-accounts - Simon Digby Charitable Trust

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`Simon Digby Charitable Trust`
`Contents`
`For the year ended 5 April 2024`
	`Page`
`Legal and administrative information`	`1`
`Report of the Trustees`	`2-4`
`Approval of the financial statements and independent examiner's report`	`5`
`Statement of financial activities`	`6`
`Balance sheet`	`7`
`Notes to the accounts`	`8-12`

`Trustees`	`Mr K E Wingfield Digby (Chairman)`
	`Mrs H M Wingfield Digby`
	`Mr W K B Wingfield Digby`
`Secretary`	`Ben (ones`
`Registered Charity Number`	`285548`
`Principal address`	`The Estate Office`
	`The Stables`
	`Sherborne Castle`
	`New Road`
	`Sherborne`
	`Dorset`
	`DT95NR`
`Solicitors`	`Boodle Hatfield`
	`240 Blackfriars Road`
	`London`
	`SEl 8NW`
`Bankers`	`C Hoare & Co`
	`37 Fleet Street`
	`London`
	`EC4P4DQ`
	`CCLA Investment Management Ltd`
	`COIF Charity Funds`
	`80 Cheapside`
	`London`
	`EC2V6DZ`
`Stockbrokers`	`Cazenove Capital`
	`t/a Schroders & Co Limited`
	`1 London Wall Place`
	`London`
	`EC2Y5AU`
`Accountants`	`Saffery LLP`
	`Midland House`
	`2 Poole Road`
	`Bournemouth`
	`BH2 5QY`

				`Unrestricted`	`Endowment`	`Total funds`	`Total funds`
			`Note`	`income fund`	`fund`	`2024`	`2023`
				`£`	`£`	`£`	`£`
`Income:`
`Investment income`			`2`	`29,625`		`29,625`	`20,287`
`Donations received`				`100`
`Total income`				`29,725`		`29,725`	`20,287`
`Expenditure on:`
`Charitable activities`			`3&4`	`14,424`	`899`	`15,323`	`10,762`
`Total resources expended`				`14,424`	`899`	`15,323`	`10,762`
`Net income /(expenditure) before`				`15,301`	`(899)`	`14,402`	`9,525`
`gains on investments`
`(Losses)/gains` `on` `revaluation`	`and`		`6`		`35,719`	`35,719`	`(60,224)`
`disposal of investments`
`Net movement in funds`
				`15,301`	`34,820`	`50,121`	`(50,699)`
`Reconciliation of funds`
`Total funds brought forward`	`at`	`6`
`April 2023`				`25,234`	`655,846`	`681,080`	`731,779`
`Total funds` `carried forward`	`at`	`5`
`April 2024`			`10`	`40,535`	`690,666`	`731,201`	`681,080`

	`2024`	`2023`
	`£`	`£`
`Listed Investments`
`UK equity and unit trust dividends`	`29,625`	`20,287`
	`29,625`	`20,287`

`3` `Analysis of charitable expenditure`
				`2024`		`2023`
				`£`		`£`
`Institutional grants and donations`
`Arrive Alive Appeal`				`500`
`Bishops Caundle CE VA Primary School`				`300`	`...`	`250`
`Brainwave`				`500`		`300`
`Charlton Horcthorne C of E Primary School`				`300`		`250`
`Combat Stress`				`500`		`300`
`Dorset and Somerset Air Ambulance`				`500`
`Dorset Mind`						`100`
`Friends of St Peters`				`250`
`Guy’s Gift`				`500`		`100`
`Gillingham & Shaftesbury Agricultural Society`				`500`
`Happy Days`				`500`		`300`
`Julia’s House`						`100`
`Life Education Wessex`						`100`
`Mary Ann Evans Hospice`						`100`
`Maddie’s Miracle`				`250`
`Meningitis Now`				`250`
`Nyas`				`500`
`OPA Cancer Charity`				`500`
`Sense and Sense International`				`500`		`300`
`Sherborne Abbey Festival`				`1,000`		`1000`
`Sherborne Area Schools Trust`				`1,500`		`1,250`
`Sherborne Douzelage`				`250`
`Sherborne Abbey CEK Primary School`				`300`		`250`
`Sherborne Primary School`				`300`		`250`
`Sherborne Town Ladies Football Club`				`650`
`The Friends of Simon Digby`				`300`
`The Guide Dogs for the Blind Association`				`1,000`
`The Stable Family Home Trust`						`300`
`Warwickshire Young Carers`				`500`
`Weldmar Hospicecare - Breathwell Appeal`				`1,000`
				`13,150`		`5,250`
`Governance costs (note 4)`				`1,27:`		`1,467`
				`14,424`		`6,717`
			`V`
			`0`
		`''`
	`cF`		`O`

	`Unrestricted`	`Endowment`	`Total funds`	`Total funds`
	`Income hind`	`fund`	`2024`	`2023`
	`(note 3)`	`(page 4)`
	`£`	`£`	`£`	`£`
`Professional fees`				`252`
`Management fees`		`674`	`674`	`3,786`
`Accountancy`	`969`	`171`	`1,140`	`1,113`
`Bank charges`	`305`	`54`	`359`	`361`
	`1,274`	`899`	`2,173`	`5,512`

`6` `Investments`
	`2024`	`2023`
	`£`	`£`
`Market value at 6 April 2023`	`630,813`	`696,019`
`Acquisitions at cost`	`30,000`	`658,160`
`Disposals at opening carrying value`	`(111)`	`(697,276)`
`Unrealised gains/(losses] revaluation`	`35,719`	`(26,090)`
`At 5 April 2024`	`696,421`	`630,813`
`Cost at 5 April 2024`	`686,792`	`656,902`
`The investments are all listed on the London Stock Exchange and are therefore deemed to be`		`investment assets in`
`the UK.`

		`2024`		`2023`
	`No`	`£`	`No`	`£`
`UK equities and unit trusts`
`Cazenove Charity Multi Asset Fund`	`1,219,438`	`696,421`	`1,164,076`	`630,813`

`Simon Digby Charitable Trust`
`Notes to the accounts (continued)`
`For tile year ended 5 April 2024`
`Cash at bank and in hand` `7`
						`2024`	`2023`
						`£`	`£`
`C Hoare & Co`						`33,509`	`18,067`
`CCLA Investment Management Limited`							`299`
`Cazonove Capital account`						`2,911`	`33,975`
						`36,420`	`52,341`
`Creditors: amounts falling due within` `8`			`one`	`year`
						`2024`	`2023`
						`£`	`£`
`Accountancy and management fees`						`1,640`	`2,074`
						`1,640`	`2,074`
`9` `Analysis of net assets between funds`
				`income`		`Endowment`	`Total funds`
					`Fund`	`Fund`	`2024`
					`£`	`£`	`£`
`Investments`						`696,421`	`696,421`
`Current assets`					`36,420`		`36,420`
`Current liabilities`					`(969)`	`(671)`	`(1,640)`
`Total net assets`					`35,451`	`695,750`	`731,201`
`10` `Movement in funds`
	`At`	`6 April`		`Incoming`	`Outgoing`	`Investment`	`At 5 April`
		`2023`		`resources`	`resources`	`gains`	`2024`
			`£`	`£`	`£`	`£`	`£`
`Unrestricted income fund`		`25,234`		`29,725`	`14,424`		`40,535`
`Endowment fund`	`655,846`				`899`	`35,719`	`690,666`
`Total funds`	`681,080`			`29,725`	`15,323`	`35,719`	`731,201`