2023-04-05-accounts

			Page
Reference and Administrative		Details ofthe Charity, its Trustees and Advisers
Trustees' Report			2-6
Independent Auditors'	Report	on the Financial Statements	7-10
Statement ofFinancial	Activities
Balance Sheet			12
Statement ofCash Flows			13
Notes to the Financial	Statements		14-25

Trustees		Adam G D Doran
		Robert R Howell, Chairman
		Charles M Bennett-Baggs
		Peter C Moulton
		William 0 Boyes
		Martin G Pyrke
Charity registered
number		285974
Principal office		5 Pine Grove
		Brookmans Park
		Haffield
		Hertfordshire
		AL9 7BP
Independent	auditors	Lubbock Fine LLP
		Chartered Accountants	&Statutory Auditors
		Paternoster House
		65St Paul's Churchyard
		London
		EC4M 8AB
Bankers		Barclays Bank
		Leicester
		LE872BB
Investment	Managers	City Asset Management
		7 Bishopsgate
		London
		EC2N 3AR
Solicitors		Howard Kennedy
		No 1 London Bridge
		London
		SE1 9BG

							Unaudited
					Unrestricted	Total	Total
					funds	funds	funds
					2023	2023	2022
				Note			E
Income from:
Donations and legacies				2	8,316,342	8,316,342	62,640
Investments				3	152,095	152,095	13,353
Interest receivable				4	18,172	18,172
Total income					8,486,609	8,486,609	75,993
Expenditure on:
Charitable activities				5	356,080	356,080	72,151
Total expenditure					356,080	356,080	72,151
Net income before investments		net (losses)/gains	on		8,130,529	8,130,529	3,842
Net (losses)/gains	on investments				(67,422)	(67,422)	11,153
Net movement in	funds				8,063,107	8,063,107	14,995
Reconciliation of	funds:
Total funds brought		forward			528,629	528,629	513,634
Net movement in funds					8,063,107	8,063,107	14,995
Total funds carried		forward			8,591,736	8,591,736	528,629

						Unaudited
		Note		2023f		2022 6
Fixed assets
Investments		9		7,923,834		454,552
Investment property		10		384,500
				8,308,334		454,552
Current assets
Debtors		11	68,654
Cash held by City Asset Management			178,376		42,951
Cash at bank			79,669		33,570
			326,699		76,521
Creditors: amounts	falling due within one
year		12	(43,297)		(2,444)
Net current assets				283,402		74,077
Total net assets				8,591,736		528,629
Charity funds
Restricted funds		13
Unrestricted funds		13		8,591,736		528,629
Total funds				8,591,736		528,629

					Unaudited
				2023	2022
				6	6
Cash flows from operating	activities
Net cash provided by/(used	in) operating	activities		338,338	(9,139)
Cash flows from investing	activities
Income from investments				170,267	13,353
Purchase of investments				(478,961)	(122,068)
Proceeds from sale of investments				151,880	127,910
Net cash (used in)/provided	by investing		activities	(156,8'I4)	19,195
Change in cash and cash	equivalents	in	the year	181,524	10,056
Cash and cash equivalents	at the beginning		ofthe year	76,521	66,465
Cash and cash equivalents	at the end	of	the year	258,045	76,521
The notes on pages 14to 25 form part ofthese financial statements

			Unrestricted	Total
			funds	funds
			2023	2023
			6	6
	Donations		60,260	60,260
	Legacies		8,256,082	8,256,082
			8,316,342	8,316,342
			Unaudited	Unaudited
			Unrestricted	Total
			funds	funds
			2022	2022
			8	8
	Donations		62,640	62,640
3.	Investment	income
			Unrestricted	Total
			funds	funds
			2023	2023
			6	6
	Investment	income	152,095	152,095
			Unaudited	Unaudited
			Unrestricted	Total
			funds	funds
			2022	2022
			8	8
	Investment	income	13,353	13,353

						Unaudited
				Unrestricted	Total	Total
				funds	funds	funds
				2023f	2023f	2022f
	Interest	receivable		18,172	18,172
5.	Analysis	ofexpenditure	by activities

				Grants	Support	Total
				payable	costs	funds
				2023f	2023f	2023f
Charitable		activity costs		296,851	59,229	356,080
				Unaudited	Unaudited	Unaudited
				Grants	Support	Total
				payable	costs	funds
				2022f	2022f	2022f
Charitable		activity costs		65,800	6,351	72,151
Analysis	ofsupport costs
						Total
					Activities	funds
					2023f	2023f
Trustee	insurance				369	369
Independent		examiners	fees		(350)	(350)
Investment		Management	Fees		44,828	44,828
Auditors	remuneration (governance)				12,600	12,600
Legal fees					1,782	1,782
					59,229	59,229

Analysis of	support co	sts (continued)
			Unaudited	Total
			Activities	funds
			2022	2022
			E	K
Trustee Insurance			258	258
Independent	examiners	fees	1,250	1,250
Investment	Management	Fees	4,843	4,843
			6,351	6,351

			Unrestricted	Total
			funds	funds
			2023	2023
			6
Riding for the Disabled			1,500	1,500
St Mary,	the Virgin Church	House Appeal	1,000	1,000
Barnet Elizabethans Rugby Football Club			286,351	286,351
Macmillan Cancer Relief			1,500	1,500
Maytree	Counselling Care		500	500
Monken	Hadley Cricket Club		500	500
Hospice	ofSt Francis		500	500
Junction	Eight Athletic Track		500	500
Home Start, Barnet			500	500
Cherry	Lodge Cancer Care		1,500	1,500
Isabel Hospice, Barnet			1,000	1,000
Monken	Hadley Common	Trust	500	500
North London Hospice			1,000	1,000
			296,851	296,851

		Unaudited	Unaudited
		Unrestricted	Total
		funds	funds
		2022 E	2022f
Riding for the Disabled		1,500	1,500
St Mary, the Virgin Church House Appeal		1,000	1,000
Barnet Elizabethans	Rugby Football Club	55,000	55,000
Macmillan Cancer Relief		1,500	1,500
Maytree Counselling	Care	500	500
Monken Hadley Cricket Club		800	800
Hospice ofSt Francis		1,000	1,000
Junction Eight Athletic Track		500	500
Home Start, Barnet		500	500
Nottingham Hospital	trust	2,000	2,000
Cherry Lodge Cancer	Care	1,500	1,500
		65,800	65,800

7.	Trustees' remuneration	Trustees' remuneration
	During the year, no Trustees		received any remuneration	or other benefits (2022 - ANIL).
	During the year ended 5	April	2023, no Trustee expenses	have been incurred (2022 - ANIL).
8.	Net (Losses)/Gains on	Investments
				2023	2022
				F	F
	Realised (losses)/gains	on investments		(11,922)	(2,534)
	Unrealised (losses)/gains	on	investments	(55,500)	13,687
				(67,422)	11,153

	Listed and
	other
	investments
	E
Cost or valuation
At 6 April 2022	454,552
Additions	7,688,584
Disposals	(163,802)
Revaluations	(55,500)
At 5April 2023	7,923,834
Net book value
At 5April 2023	7,923,834
At 5April 2022	454,552

	Long term
	leasehold
	investment
	propertyf
Valuation
Additions	384,500
At 5April 2023	384,500

			Unaudited
		2023	2022
		8	8
Due within one year
Other debtors		40,500
Prepayments	and accrued income	24,244
Tax recoverable		3,910
		68,654

					Unaudited
				2023 f	2022 f
Accruals	and	deferred	income	43,297	2,444

Stateme	nt of	funds - current ye	ar
			Balance at 6			Gains/	Balance at 5
			April 2022	Income	Expenditure	(Losses)	April 2023
			E	8	8	E	E
Unrestricted		funds
General	Funds		528,629	8,486,609	(356,080)	(67,422)	8,591,736
Statement of		funds - prior year
			Unaudited				Unaudited
			Balance at	Unaudited	Unaudited	Gains/	Balance at
			1 April 2021	Income	Expenditure 8	(Losses) E	5April 2022 8
Unrestricted		funds
General	Funds		513,634	75,993	(72,151)	11,153	528,629

Analysis of net assets between funds - current ye	ar
	Unrestricted	Total
	funds	funds
	2023	2023
	E	8
Fixed asset investments	7,923,834	7,923,834
Current assets	711,199	711,199
Creditors due within one year	(43,297)	(43,297)
Total	8,591,736	8,591,736

Analysis	of net assets between funds - prior year
		Unaudited	Unaudited
		Unrestricted	Total
		funds	funds
		2022	2022
		6	6
Fixed asset investments		454,552	454,552
Current	assets	76,521	76,521
Creditors	due within one year	(2,444)	(2,444)
Total		528,629	528,629

							Unaudited
						2023	2022
							6
Net income for the year (as			per Statement	of Financial	Activities)	8,063,107	14,995
Adjustments for:
Non cash	gifts ofassets					(7,594,123)
Loss/(profit) on the		sale offixed assets				67,422	(11,153)
Dividends	and interest receivable from investments					(170,267)	(13,353)
Increase	in debtors					(68,654)
Increase	in creditors					40,853	372
Net cash	provided	by/(used	in) operating	activities		338,338	(9,139)

			Unaudited
		2023 f	2022 8
Cash	in hand	258,045	76,521
Total	cash and cash equivalents	258,045	76,521

						At	6April		At 5 April
							2022 6	Cash flows f	2023 6
Cash	at	bank	and	in	hand		76,521	181,524	258,045
							76,521	181,524	258,045