Charity number 288015 The Nancy Bateman Charitable Trust Trustees, Report and Accounts S April 2024
The Nancv Bateman Charitable Trusi Tru5tee5' Report and Accounts Conients Page Reference and administration deiaiLs Trustees, report Independent audltor's report Si#tement of Financi81 Actii'ities Bwlanct sheei Noies to tbe aCCOUDts 9-12
The Nanev Bateman Charitable Trust . Reference And Administration Detsils Foutsder Miss D.J. Baieman (died 16 tk¢¢mlxr ?O?l } Trysiees A.H. Isaac5 D.M. Val¢Diin¢ Auditor Reza Samii Chan¢red A¢¢ounrant and Stswion. Auditor 5 Calico Ro Planiarion l¥Trarf Batler%a London SWI 13YH Bankers Cater Allen Privaie Bank 9 Ne150n Street Bradford BDI SAN Investment managers Ruffer LLP 80 Vicioria Streei London SWIE 5JL Principal addre&s c,0 Begbies Unit 14. Park Bam Evegate Busine55 Park. Smeeth Ashford fN25 6SX Charit> registered number 288015
The Nanev Bateman Charitable Trust Trustees, Report ror tbe year ended S April 2024 The Trustees present their report and accounts for the l'ear ended i April ?014. The Tnjstees eonfimi thai the Annual Report and acci)unts have been prepared in accordance Thith the a¢couniing policies set OUL in Note I ihe acrouTrrs and compl!. m.ith the rharir) s governin documell¢ The Charitie5 Aci ?01 l and Accouniing and Reporting b) Charities.. Statement of Recommended Practice applicable io chariiies preparing their accounts in accordance M'ith the Financial Reporting Stsndard FRS 10? applicable in the UK and Republic of Ireland publi5h¢d on 16 Juli. 2014, Structure• go)'ernance th#n4gtmeDt The LhaiiD' .% sei up b). the selllor, Miss Delia BaLents by a Deed of Tnjst dated 5 Sepmber 1973. The s(aDJtoTr' po'¢r of appoinunent of tru5tre5 applies th the settlement and is exercisable by the present tnjstees. When Tecruiiing new trnSl¢¢5 the ¢xi5ting tsvsiees look for individuals M'ith skills and experience which are of value 10 the trusi. An). poiential trustees M'ill be inLerview'ed by the existing trusiees and provided with a pack of information including accow)ts and a cop%, of the st deed. The Tru51ees are highll experienced individuals and hav¢ a go(Kl underswlding of what 15 involved in being a irusi¢¢ of a chariTh'. The Trus¢¢es have r¢gular contaci during thc year to consider recommendations for. and make final decisions on. the awarding of grants. Risk maDagement The trusiees have asseSd the Tnajor ri5k5 to H4Lich th¢ rharitj" 15 ¢XP05¢d. sn partLcular those related 10 th¢ investhient str2(eg)'. Thei are saiisfied thai adequaie procedurcs ar¢ in plac¢ to rnitigat¢ exposure to these risks. although it is recognised thai 5)'51ern5 ean oRl>' provtde reasonable, noi absolute. assurance. The Trusiees have identifL¢d the folloThing ri5ks-. l. Investments .&11 drop in N'alue the Twsiees hav¢ apwtntrd o prof¢ssional firni to m8nag¢ lh¢ invesiments. The Tnjst fimd is invested for a (othl rewrn with the aim of mainthining the capithl ialue of Ihe fijnd after donaiions and allom-ing for inl]aiion. 2. Donations made w'ill be speni as ihe TNsiees would like - Mhere appropriate the TNsiees will seek ronfimiation that a donation has been appmpriatety. applied b!" the dontt_ Objtctives and activities for the public benefit The Trusiees have poM'¢r w applv the trust fiand at]d income thereof for such charitable purposes or to pay the same io such charitable bodaes. as50¢iaTions or instiDJlion$ 35 the Trusiees shall from tiTne to time in iheir absolure discreiion d¢i¢rniinc. Thc Trustees hav¢ r¢i"ieM"cd their polio. of distributlOll5 to chariiies and decided thai. subjeci io annual res.]e.. li M"ould their in(eniion EO disiribuie ihe income and additional amounts from realised capi(al appreciaiions. The Trustees confirm thai the)" have referred to the guidance ¢ontained in the CharÉty Commission's general guidance on public benefit M'hen rei'iewin? the Trusi's aims and objectives and in planning fuDJre aciivities and serting (he grant making polic!. t-or the l'ear. The principal aciiviry. of the Charl 15 the makiTtg of grants. providing benefit to UK registered charities.
Tbe Nanci, Bateman Charitable Trvsl Tru$tees' Report for the )'tar ended 5 April 2024 Grants The Tnlsiees nomiall) make donations to well established Lharilies which have received support Lli the past 2nd 4.hich the Trnsiees consider continue to do valuable 'Ork. Fin311tial Revie The n¢¢ income before iTtiestsnen( gains and losses for the l'ear to 5 April ?0?4 M'as £959.9?4 (20?3.' £1.112.4231. The Tru51ees received further distributions froTll the Founder's estaie of £i.496m in Ihe year and in a¢cordance w'kth her w'ishes fi the &55eL5 10 be distribuieiL made ¢harithble grants of £2.5i5m. The financi8] ststements show. the invesunenis at markei tralue. The ¥ain.(loss) on disposals of investments 15 based their opening TnaTkeT Nalue alld resulted in a ieali5ed 1055 of £1 ?37 for th year ended 5 April ?0?4. At Ehe vear end the wirealised loss amounied io £11.655. Ini'e5tmtnt policv The Trusiees aim LO preserve a balancc txtween achieving modest growth in the Trust's invesunen nd producing income adequate io maini2in the desired level of grant-making. Reserves polici The Trustees do noi consider that there is a need io maintain a specific le¥el of Teserves io achieve Ihe objeciives of the charir). other than io meet fvwre coMmi¢n. In accordance with Ihe Foundevs wishes. upon receipi of ihe residual legacN' from her eSle. Ihe uustees .11] distribu all remaining nds. Tru5tee5' re5PODsibililies The Trusiees are responsibl¢ for preparing the Tru51ees' report and ac¢owits in a¢¢ord3nce 1th applicable law and United Kin8dom Accouniin¥ Standard5 (United Kingdom Generdll>' Accepied Accounting Practice). Charity laN' requires the Tnjsiees to prepare accounts for each financial )'ear which give a trne and fair wew of the state of affair5 of the charit%" and of it5 incoming resource5 and applicaiion of resources of the eharitj. for that period. In preparin? these accounts. the TnJs(ees are required to.. • select suiiable accounting policies and then apply thern consistenil).: observe ihe methods and principles in the Charities SORP= mak.e judgemenis and esiimaies thai are reasonable and prndenE: stst¢ w.h¢th¢r appli¢abl¢ a¢¢ountins Standd5 hu%.¢ b¢¢n follow¢d. Jubjt¢i W any d¢pllrturG3 disclosed and explained in the financial staietnents- and prepare the accounts on ihe going concern b8si5 unless it is inappropriaie to presume thai the chariry .111 continue in business. The trusrees are resp)n5ible for keeping accouniing records thIeh disclose H'ith reasonable accuracy th¢ financial position of ihe charitv ai anj. lime. and io enable the tnjsiees io ensure that the financial sratements compl}. 'Ith the ChariTies Act 2011. the Charity. (Accounts and Reporr51 Regulaiions ?008 and the provisions of the rrusi deed. The). are also responsible for safeguarding the charity's a55ets. and hence for thking reasonable steps for the prevention and deieciion of error. fraud and other irregulariiies This report was approi'td bv tht Trnsiets on 19 Dtctmber 2024 D M Vxlenline Trusttt
INDEPEWDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE NANCY BATEMAIN CHARIT.4BLE TRLST Opinion We have audited the financial Slemen15 of The Nanc> Baieman Charithble Trusi for the }'ear ended 5 April ?0?4 M'hi¢h cornprise the Staremeni of Financial AciiviTies. the Balance SheeL and the relared noies. includino a summaj?. of significani accounting policies. The financial rewning frameM'oTk that has been applied in iheir piepaiaiion is applicable law and United Kingdotn Accouniing Standard5. includin¥ Financial Reporting Swidard 10? The Financial Reporting Standard applicablc in the UK and R¢public of Ir¢land Iuniied Kingdom Gei)eralli' ALLepied ALLoullLLn,. PiaLli¢¢). In our opinioll. the fiTtancial 5tatemenis'. give a tru¢ and fair i'ieM' of the sthie of the charity s affairs as ai 5 April 2023 and of the charity'5 net rnoNemeni in funds for the N'ear then ended: have been proper. prepared in aceordan¢e with United Kingdom Generall!, Arrepted Accounting Practice.. and have been prwared in accordance with the requirements of the Charities Act ?01 l. Basis for opinion We have been appointed as auditor under section 144 of the Chariiie5 Act 2011 and repon in accordance wilh the Act and releian( regulaiions made or hal'ing effect thereunder. We conducted our audii accordance M"iih Iniemaiional Siandaid5 on Auditing IUKI IISAS {LTKII and applicable law. Our responsibilities under those standard5 ar¢ further described in Ihe Auditor s responsibiliiies for the audit of the finan¢ial starcTnents seciion of our repon. We are independent of the charitv in accordan¢e m.ith the eihical requirements thai are relevani (o our audii of the financial Strtemen in the UK. inLluding the FRC's Eihical Stsndard. and H"e have fulfilled our other ethical responsibilities in accordance wilh these requirernents. Ile believe thai th¢ audii evidence we have obthined is suificieni and appropriate provid¢ a basi5 for our opinion. Empha515 of matter- conclusions relating to going concern We draw attetltion 10 note l on page 9 M"hich explains that the twstee& having considered the ultimatr wishes of the Founder of the Chariry. are of the opinion the flnancial stsiements ought 10 be prepared on a basis other ihan going concern. Howei'¢r. considering Ihe nawre of the ChariTh' s actii i(ies and its assets and liabiliiies. this basi5 changc doc5 not alieT the amounts 5how"n from those calculated under the going ¢oTrcern basis. Our opinion is not modified in respecT olthis maiLer. Other information The trusi¢¢s arc r¢sponsible foT Ihe other infomiaiion. The other inforn)aiion comprises the inf(trmLaiion included in the Trusi¢¢s Report. Our opinion on the financial slaiements d(ts noi cower the other infotmation and. ¢xc¢pi io the exnI othenvise explicitlj. s(Aied in otsr rewrL we do noi express any fiym of assurance conclusion thereon. lrt connection w'ith our audiE of the fancial sts1emen our reswnsibiliti. is to read the other infoT¥nation and. in doing so. consider whether the other irLfDrniaiion is materiall). in¢on£i<ten¢ with ihe financial sratemenrs or our knowledge obiained in the audii or othetm'ise appears to be ma(eriall}" mi551ated. If M"e ideniifi, such material inconsistencies or appareni material misstsiements. w.e are required ro detern?ine whether there is a Tnaierial mi55tatemeni in the financial ststem¢nts or a maicrial Misslemen1 of the other inforniaiion. If. based on the Ork M"e hav¢ p¢rfornicd. M"e conclude that thcre is a maieriol missthiemeni of this o(her infomiaiion. M'e are required io report thai foci. We have norhing to report in this regard.
INDEPENDENT AL'DITOR'S REPORT TO THE TRUSTEES OF THF. YAYCY BATEMAN" CHARITABLE TRI'.ST Matters on which we Are rtquired to report bv txceplio We have nothing 10 report in respeci of the follomino matiers in relaiion io ii'hich the Charities (Accounts and Rcports} Regpulations ?008 require us io repon io )ou if. in our opinion". adequaie accounting records have noi been kepi b). the Charl.: or the chariry. financial s(aiemenis are noi in agreemen( '71h ihe aecouniing re¢ts and rctUrn5- or we have noi received all the information and ¢iplanation5 M"c require for our audii or certain disclosures of trnSÈees r¢¥nunetaiion specified b!. lam" Dot made. Responsibiliiies of trusitts for iht finaneial 51atetNemis A5 explained rnort fully in (he Injsiees responsibilities staiemenr ser our on page 3. the trnstees are responsible for the preparation of the fjnaneial siatemertis and for bein¥ satisfied that tho" giv¢ a uu¢ aTrd fair vie. and for such internal ¢ontrol a5 the tru51ee5 dei¢Tmine is necessary to enable ihe prcparntion of financial stsiements that are free fr(Nll mai¢rial mi551aienieni. whether due io fraud or ¢rror_ In preparing the financial siaiements. the Injsiees ate responsible for a5se55in£ the charits" s ability" 10 continue as a going Concern. disclosing. as applicable. ¥natieTS relaTed w going concern and using the going concern basis of a¢¢ouniing unless the twstees ¢ither intcnd io liquidaie the chariry or io cease operations. or have no realisiic alternative but to do 50. Audiior's re5ponsibiliiies for the 8udAt of tht fiNattcial 5talements Our objtctives are Lo obtsitl reasonable as5uratLce abouL whether the fJnan£Éal s(aiements as a whole are free from material mis5tsremeni. whether due to fraud or eOr. and 10 issue an aLkdiior s rerx)rt Ihai includes our opinion. Reasonable assurance is a high level of assurdnce. bui is noi 8 guardniee thai an audii ¢onduc¢ed in accordance with ISAS (UK) N4'iII al.a),$ deieci a maierial misstaiement th.hen li cxi515. Missiaiemenis can arise from fraud or error and are considered material if. individuall}. or in ihe aOregale. the). could reasonably expected to intluenc¢ the economic decisions of Users iaken on the basis of these financial staiements. I¢gUlaril1es. including fraud. are instances of non-COTnplÉance w.ith law'5 and regulations. We design procedures in line with our responsibiliiies. outlined above. io de(e¢i material misstsTeTllents in re5peci of irregulariiies, including fraud. The exteni io 'hICh OUT procedures are capable oldeteciing irregulariiies. including frdud ts detailed below.. Based our understanding of ihe chartty ond the environment in w'hich it operates, e identified that the principal risks of non-compliance with law's and regulaiions relad io charl la.. and Me considered the exieni 10 w"hi¢h non- cotnpliance mighi hae a material effeci on the financial sthiements. Il-e a150 con5Ldered ih05e laws and reoulaLiolls thai have a dir¢ci impaci on the prepardiion of the financial ststements such as Chatiiies Aci ?01 l and ihc Charities SORP. We evaluaied Matgement-S in¢eniives and OppTrlI)eS for fraudulent manipulation of the financial stsiements (includi[L the risk of override of controls). and deterniined thai th¢ principal risks were related to posting inappropriate joumals entrie% 3nd rn2nBgemenr hia£ in cenain accouniino egiimaies and jud8emetit£ gueh ag VAluatiOn of the unlisted investments. Audit procedures perforned th¢ engagemeTEi i¢am included.. Inspling accounting records kept b>. charity and companson of the financial sments presenied M'ith those records.. DtSCU5sioN w'ith m]siees including consideration of known suspected instance5 of nonrfompliance w'ith laws and regulations and fraud.. and Ei'aluating tru51¢¢5 oonty(Trls d¢signed to prevent and derect irregularities. Because of the inherent limitations of an audiL there is a risk that w¢ will not detect all irregulariries. including those leadiii8 to a material misstsiement in the finan£ial 51alrmen¢5 or non%ompliance M"iih reoulaLion. This risk in¢reas¢5 the more thai compliance with a lam" or regulation is remoi'ed from the evenis and transaciion5 reflecied in the fijiancial sthtements. as 't will be less likell. io become a-are of insiances of non-compliancc. The risk is also greater regarding STregulariiies occurring due to fraud rdther than eTror. as fraud involves inientional concealment. forger),. collusion. omission or misrepre5eniation.
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE f*ANCY BATEMAkY CHARITABLE TRLST A further descriptioTr of our rcsponsibiliiies for th¢ audit of the financial SthLemen¢g is lOcad the Finaneial Repffling Council's website at: www.frc.org.uk'auditorsreswnsibilities. Thi5 description fornis port of our audiwr's repo U$¢ of our report This report is made solely to the charity's mistres. as a i, in oTdanCe with section 144 of the Charities Act 2011 and regulations made under section 154 of thai Aci. (hjr audit WOTk has been undertak¢n so that we might stste to thc charity's trNsiee5 those mallers we are Tequired to stste to thern ill an Audito$ report and for no other purpose. To the fullesr extent perniiiied by law, we do not accepi or ume restKJnsibility 10 anyone other than the charity's rnjstees as a body for our audil worK for this reEx)r( or forthe opinions we have fomeiL He Samii Cbartered Artant srUtOry Auditor 5 Calico Row Plantar11 Wharf Batt¢rsea London SWI 13YH
The Nancv BAtemgn Charitsble Trust Statemtllt of Fillanei311 Aciii'ities for the year ended ? April 2024 Unre5trieted To(al 2024 Unrestricied To(al 2023 Gener41 Fund General Fund Ineothe frotn: Lega¢ie5 legacies receivable income lax reCoerable Inve51ments 3.496J72 3.496J72 5.100.000 5.100,(M)O 5J60 4.?13 Total income 3.579.847 3,429.847 5.104.?13 5.104.213 Expenditure on: Raising funds investmeni Enana8ement fees investm¢nt sal¢ commission Chariiable activities granrs payable legal fees support & tsovemance costs Toial expendiiure 12J77 12 J77 2p35.IIKI 2.535,1 3.978,?00 3.978 ?00 15.195 14.195 13.590 13.590 2.69,923 2.569,993 3.991.790 3,991.790 Net incomellexpenditure) before £ain5 nd losses o ini£5tment assets 959.924 1.112.423 Nei gaits{1055e5) on inv¢stmeDI ¥Jssets Net incomellexpenditure) {1? 892) {12,897 (5.36i) 1.107.060 (i.3631 1,107.060 947.032 947.032 Transfers Transfers b¢N'een fijnds Ntt rnovernent in funds 947 032 947,032 1.107.060 1.107.060 Reconciliailon of Funds Total Funds at 6 April 2023 1365.870 1265.8711 158.810 158.810 Total Funds at 5 April 2024 2212.911? 2 112.902 1 ?65.870 1 ?6).870 The Notes th¢ Accounts forn) w of the Financial Siatements
The NancTr Bateman Charilable Trust Balance Sheet as at 5 April 2024 Notes 2024 2023 Fixed 8S5ets ITtvesLments Listed invesimenL% Cash held within portfolio 125.74$ 1.061 144.785 126.806 144.785 Current assets Income lax recoverablc Accrued legacy income Cash at i)ank 2&115 2.113.116 2.993.896 1.118.885 1.128.885 Crtditor5: amounts falling due wlthin ont year (907.81) (7.800) Net eurreni #ssels 2.086.096 1.121.085 Nel 4ss¢ts 2.7 11.907 1 ?65.870 Represented by: unre5tT1Ct Fund5 General Fund 2.212,902 1.265.870 Total Funds 2 9 12.902 1 ?65.870 Approved by the Trusie¢s ott 19 Detember 2024 D M Valentine Trustee The Not¢s to the AccounLS fom) part of the Financial Staiements
The Nancy Bateman Charitable Trust Noie5 to the Accounts for the }'e2r ended 5 April 2024 AceouniiD£ poll¢ie5 BlS ofPrepTalln andrtssusmenr OIgn& ctjncern The accounts have been prepared in accordan¢¢ M'ith the Sts(ement of Recommended Prac(ice'. Accounting and Reporting b). ChariTI¢5 prcparine their accounts in accordanc¢ ith th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 published on 16 Jul}" ?014. the Financial Reporting Standard applicable In ihe United Kingdom and Republic of Ireland (FRS 10?) and the Charities Aci2011. Assets and liabilities are iniiiall}" recow)ised ai hisiorical cosi or transaciion i'alue unle55 oth¢rwise slated in the releTr'ani accounting polic}" noies. The financial ststemcnts ar¢ preSend in srI]ng and are rounded to the nearest pound. The charity consthwtrs a public bertefii eniiry as defined b). FRS 102. The Four*deWs wishe5 were thai upon her death and receipt of the lesac). from her e$(a. that the Tru51ees disibuTed all remaining fvnds. The trusie¢s thcr¢fore consider (hai there are rnatrrijl uncenainiies about the chariry's ability. io continue as a concern. The fJnan¢ial 51atements are therefore prepared on a basis other than going concem. Thi5 basis charhge has no( altered the amoun show) in these financial sta[ents from those calcUlad under the going conc¢m basis. The Unresiricied General Fund is 8vailkble for use ai the discretion of the misiees in furtherance of the general objecti.e5 of the Charl.. Income All income is recognised once the charit has ¢niiilemeni io the incoTne. th¢rc ts 5ufficieni certainty of receipr and so il 15 probable thai the income will be received. and the amount of income receivable can b¢ m¢asured reliably. Interesi on funds held on depo5É11s included upon noiifica(ion of the inr¥ paid or pa}'able by the bank. Investment income 15 recognised on a receivable basis once the amowits can be measured reliably. A legacs is recogni5ed Mhen it is probable thai it w'ill receii"ed. Receipt is norniallj probable 74.hen there h85 been grani of probaie. Ihe execuioT5 have e51ablished thai there are sufficient assets in the esiate. after setiling any liabilities. io pa). the legac!.: and an>" condiiions attached the legacy are either within Ihe control of the charity. or have been met. Ivhere any rcsiduary legacy canno( be measured liablY, derails of the l¢gao' as 5howTr as a coniingeni &sseÈ. Eyendlture Liabiliiies are recogthi5¢d as expendiwre as siM)n as there is a legal or constructive obligation ¢ommii¢ing the chariry to that eipendiiure. ii is probable thai selllemeni will be iequired and the amount of the obligaiion can be measured reliably. All expelldin]re is a¢¢ounied for on an accruals b&is. All expenses. includin¥ supwrt Costs and governance cosis. ar¢ a]locad or apponioned io the applicable expenditure headings in the statement of financial activiiies. Granis payable are pa)Tnenis made to third parties in the fvnherdnC¢ of the charitsble objects of the charit).. In the ¢ase of an uncondiiional grani off¢r. this is accnjed once ihe recipieni has been notified of (he grant award. Grdni awards Ihat are subjeci to th¢ re¢ipieDi fijifilling perforn8n¢e Conditions are onlv a¢¢rued hen ihe rtcipieni has been noiified of the grdni and an) remaining unfulfilled condiiion allaching to that grant 15 OUt5id¢ of the con(rol of ihe TrLL51. I¢¢0Verable V A T 15 charged againsi the expenditure heading for which it was incurred. The costs of raising fun(ts COll5LSt of investrneni managemeni fees. The expenditure on charitable aciivities include5 grants pa)'able and support and 8overnan¢e Costs.
The Batemall Charitable Trust Notes lo the Accounts for the year ended S Aprll 2024 Fed WXFel inveslments Invc5tments are a forni of b&sic financial insmuneni and are iniiiall) recognised ai their uansaciion value and subsequen(l)' measured at their markei value &$ ai the balance sheeÈ datr using th¢ closing qU0d marke( price. All gain5 and 1055e5 are taken to the statement of financial acii%'iii¢s as thJ' aris¢. R¢alis¢d gains and1055C5 on iniestments are calculaied &$ the difference beN'een sales proceeds and Iheir opening ¢arry.'irtg kalue or their purchase value if acquired subs¢qu¢nt to th¢ firsi dav of the financial s'ear. Unrealised ¥ains and losses are calculated as the difference betw.een fair value ai the lear end and their catry'ing i'alue. Realised and unre31ised in%'estmeni gains and los*es are combined in the statemenT of fiiiancial actLVlties. Investm¢nt Income 2024 Interest received Bank ini¢r¢si 447 429 Quoted investsnent income 4,913 3.784 Exptnditure on cbaritablt activitie5 2024 2023 Grdnts pa)able (see noie 6) Legal f¢¢s Suppon and governance costs (see nime 4) 2.S37.100 3.978.200 li.)90 2.447.q46 i.991.790 Support goTh'ernaDce costs 2024 2023 Support C0515 Bank char¥e5 Governance c05tS A¢couniancv Audit 150 9.840 3.600 3.61MI 13.440 Toial 15.195 li.590 Staff cosi& Trustees remuneration and eipense5 The Charity ha5 no employees. During the year. Tho Trustee recei¥ed anv remuneration or benefits in kind (2023". £nill. No trusLee5 received reimbursement of expenses in the year l?023= £nil)
The Nanc) Bateman Charitable Trust Notes lo the Accounts for the year ended 5 April 2024 Charitable granis pavable 2024 202i Abbe) School, The Boughion & EasN'ell Cri¢kei Club British Sport Art Tnjsi Buttlc IIK Camphill Village TnJs( Ciiizens Adi'ice. 11-averle)' Chapter (West Cheshirel Lid CPRF. CPRE (SuJT¢)') Dentsid DJB Memorial Fund Dr Graham's Homes G&r5ingion Operd Godalming Operaii¢ Sociw. Godalming TNs( Landmark Ttijsr Mdry s Meiils Medecins Sans Froniières National TTU51 Ox-ford Philhamionic Orchestra Pembroke College. Cambridge Razumovski. Trusr Rehearsal Orchestra. The Sobell Hous¢ Hospi¢¢ Si Mungo's Winchester Young Carers Woodland Tn1 25,000 i 00.uoo ISU.0 loo.000 100.0 10.000 I,soo.00 250.000 25.1100 50.000 loo.000 250.000 500.000 1.000.000 250.000 i 00.000 i 00.000 250.000 25,OlXI 100.000 1.000.000 2,535.10 j.978.?00 Investments 2024 2023 Market value At 6 April 2023 Addiiions ai cosr Di5P05als ai carry'ing valu¢ Nei gain on reialuation 156.36A 148,286 {160.1481 283 (11.237) (11.655) 12.745 At S April 21124 144.787 Historical cost 137.138 144.502 Listed investmeDts xt fair vlue comprised: 2024 2023 Global funds 124.745 124.745 144.785 144.785 The Charitys invesiments are re8lStered in the name of Ruffer LLP. the nomin¢¢ Company of the Chariry's stockbrokers.
12 The Nano. BaiemAD Ch*rlt4ble Trnst Notes to the Account5 for the year ended 5 April 2024 Cash balance5 2024 Caier Allen priva Bank ? 113.116 1.1 ?8.885 2.113.116 l.1!8.885 Creditors- amounts falling due w'ithiD one Tr'ear 2024 2023 Grants pa)'able Accruals 900.000 7.81KI 7.800 907.81MI 7.800