## ## ## ## ||Page| |---|---| |Annual
Report ofthe Trustees|1-7| |Report ofthe Independent
Examiner|| |Statement
of Financial
Activities|| |Balance Sheet|10| |Notes to the Financial Statements|11-15| |Schedule of Investments
8 Income|16 —17| ## ## ## |The Trustees of The Britwell Trust ("the trust"|The Trustees of The Britwell Trust ("the trust"|The Trustees of The Britwell Trust ("the trust"|or "the charity") present their report and financial statements|or "the charity") present their report and financial statements| |---|---|---|---|---| |for the year ended 31 December 2022. These have been prepared
in accordance
with the accounting
policies set out in Note 1 and comply with the charity's
Trust Deed and applicable
law. The comparatives||||| |are|for the year ended 31 December 2021.|||| |1.|REFERENCE AND ADMINISTRATIVE||DETAILS|| ||UK Charity Registration|Number:|289196|| ||Registered
Office:||Britwell Priors, Longparish,
Nr. Andover
Hampshire
SP116QR|| ||Trustees:||Lady Rosemary
Violet Tennant
(Chairperson)|| ||||Christopher
Sebastian
Tennant|| ||Independent
Examiner:||Christopher J Hawley
FCA
Rawlinson
& Hunter
LLP,
Eighth
Floor, 6 New|Street| ||||Square,
London EC4A 3AQ|| ||Accountants:||Rawlinson
8 Hunter
LLP|| ||||Eighth Floor, 6 New Street Square,
London EC4A|3AQ| ||Investment
Manager and|Custodian:|SG Kleinwort
Hambros
8St James's Square, London SW1Y4JU|| ||Principal
Bankers:||Bank ofScotland,
London Chief Office (120103)
33Old Broad Street, London BX21LB|| ||Solicitors:||Boodle Hatfield
LLP|| ||||240 Blackfriars Road, London SE18NW|| ||HM Revenue &Customs:||HMRC Charities|| ||||SelfAssessment
ref —7574375239|| ||||Repayment
claims ref —EW20153|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Expendable|Total|Total| |---|---|---|---|---|---|---|---| ||||Note|Fund
6|Endowment
f|2022|2021| |Income and endowments|from:||||||| |Investments|||2|35,954||35,954|32,371| |Other income||||1,175||1,175|| |Bank deposit interest||||548||548|| |Total income and endowments||||37,677||37,677|32,371| |Expenditure
on:|||||||| |Charitable
activities||||48,892||48,892|50,830| |Cost of raising funds||||13,361||13,361|14,550| |Total expenditure||||62,253||62,253|65,380| |Net (expenditure)
before|net||||||| |gains on investment
assets||||(24,576)||(24,576)|(33,009)| |Net (loss)/gains
on investment||assets|6||(187,759)|(187,759)|139,391| |Net income/(expenditure)||||(24,576)|(187,759)|(212,335)|106,382| |Transfers
between funds||||24,576|(24,576)||| |Net movement
in funds|||||(212,335)|(212,335)|106,382| |Reconciliation
offunds:|||||||| |Total funds brought
forward|at 1 January||2022||2,038,111|2,038,111|1,931,729| |Total funds carried forward|||||||| |at 31 December 2022|||||K1,825,776|f1,825,776|f2,038,111| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |the Trustees consider the ad
continues
to be appropriate.|opti|o|n ofthe going con|cern basis in|preparing
t|hese financial s|tate|ments| |---|---|---|---|---|---|---|---|---| ||||||Page|2022
f||2021| |INVESTMENT INCOME||||||||| |Income from UK quoted equities||||||17,646||16,671| |Income from foreign quoted|equities|||||14,781||12,866| |Income from foreign quoted|unit||trusts (interest)|||3,527||2,834| |Total investment
income|||||9/16|F 35,954|f|32,371| |CHARITABLE ACTIVITIES||||||||| |Analysis ofcharitable
grants|made:|||||||| |Disasters Emergency
Committee|||(DEC) - Ukraine|Humanitarian|Appeal|5,000||| |StGeorge's
Hospital||||||5,000||5,000| |Border Women's
Aid||||||3,000||| |National
Gallery Trust (George||Beaumont Group)||||2,500||2,500| |Hampshire
Medical Fund||||||2,000||2,000| |Help Musicians
(Musicians|Benevolent
Fund)|||||2,000||2,000| |Royal Academy ofArts||||||2,000||2,000| |Shawmind||||||2,000||| |Stars Appeal (Salisbury
District|||Hospital Charitable|Fund)||2,000||| |St Nicholas'
Church,
Longparish|||PCC|||2,000||2,000| |The Passage||||||2,000||2,000| |Battersea Dogs &Cats Home||||||1,000||1,000| |Canine Partners||||||1,000||1,000| |Combat Stress||||||1,000||1,000| |Countess of Brecknock Hospice|||Trust|||1,000||1,000| |Game &Wildlife Conservation||Trust||||1,000||| |Gurkha Welfare Trust||||||1,000||1,000| |King Edward Vll's Hospital||||||1,000||1,000| |McNicol Ballet Collective||||||1,000||1,000| |National
Horseracing
Museum||||||1,000||1,000| |Racing Welfare
StJames' Church,
Woodcott||||||1,000
1,000||1,000
1,000| |Wardour
Chapel Trust||||||1,000||1,000| |Mare & Foal Sanctuary||||||500||| |Chelsea Physic Garden||||||||5,000| ## ## ## ## |CHARITABLE ACTIVITIES (continued)|CHARITABLE ACTIVITIES (continued)|Page||2022
6||2021
6| |---|---|---|---|---|---|---| |Alzheimer's
Research
UK||||||2,000| |The Salisbury 8 South Wiltshire|Museum|||||2,000| |Tommy's
University
ofSouthampton
(Cancer Centre Immunology)||||||2,000
2,000| |Whitechurch
Silk Mill Trust||||||2,000| |Countryside
Alliance Foundation||||||1,000| |Total charitable
grants made||||42,000||44,500| |Support costs (note 4)||13||600||600| |Governance
costs (note 4)||13||6,292||5,730| |Total charitable
activities||9|L'|48,892|F|50,830| |GOVERNANCE
AND SUPPORT COSTS||||||| |Support costs:||||||| |Secretarial
administration
(note|3)|13|5|600|F|600| |Governance costs:||||||| |Accountancy fees||||||| |-2022 accounts||||4,686||| |-2021 accounts||||216||4,260| |- 2020 accounts||||||270| |Total accountancy
fees||||4,902||4,530| |Independent
examination
fees
-2022 accounts||||1,320||| |-2021 accounts||||||1,200| |Total independent
examination|fees|||1,320||1,200| |Bank charges||||70||| |Total governance
costs (note|3)|13|8|6,292|F|5,730| |COST OF RAISING FUNDS||||||| |Investment
management
fees||||13,361||14,550| |Total cost of raising funds||9|F|13,361|F|14,550| ## ## ## ||||||Page||2022||2021| |---|---|---|---|---|---|---|---|---|---| ||||||||8||6| ||FIXEDASSET INVESTMENTS||||||||| ||Investments
at market value comprise:||||||||| ||Quoted
investments
within|the United|Kingdom||||473,325||608,885| ||Quoted
investments
outside the United|||Kingdom||1,229,672||1,316,115|| ||Total investment
assets||||17|F1,702,997||81,925,000|| ||See pages 15 - 16for a complete
list of|||the charity investments.|||||| ||Quoted investments||||||||| ||Market value at 1 January|2022||||1,925,000||1,846,189|| ||Additions
at book cost||||||553,055||519,881| ||Sale proceeds|||||(587,299)||(580,461)|| ||Net realised gains/(losses)|on disposals|||17||(67,681)||4,519| ||Net unrealised
gains on revaluation||||17|(120,078)|||134,872| ||Market value at 31 December 2022||||10|81,702,997||L'1,925,000|| ||Historical cost at 31 December 2022|||||F1,575,929||F1,604,147|| ||Net gains on investment|assets|||||||| ||Net realised gains/(losses)|on disposals|||||(67,681)||4,519| ||Net unrealised
gains/(losses)
on revaluation|||||(120,078)|||134,872| ||Total net (losses)/gains|on investment||assets|9|8(187,759)||R|139,391| ||DEBTORS||||||||| ||Investment
income
in course of collection|||||f|2,230|6|| |8.|CASH DEPOSITS HELD||||||||| ||Bank ofScotland - current|account|||||20,093||27,874| ||Kleinwort
Hambros||||||||| ||capital account||||||104,348||88,312| ||income account||||||5,371||6,005| ||||||10|F|129,812|F|122,191| ## ## ## |||||||||Page||2022||2021| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||6| |9.|CREDITORS - amounts||falling due within||one year|||||||| ||Accountancy|fees||||||||4,686||4,260| ||Investment|management|fees|||||||3,257||3,620| ||Independent|examiner fees||||||||1,320||1,200| |||||||||10|F|9263|K|9080| ||||Balance at||||||||Balance at|| ||||1 January|||||Gains/||Fund|31December|| ||||2022|Income||Expenditure||(losses)||Transfers||2022| |10.|FUND RECONCILIATION||6||F||||6|E||F| ||Unrestricted|Funds|||37,677||(62,253)|||24,576||| ||Expendable|endowment|2,038,111|||||(187,759)||(24,576)||1,825,776| ||Total Funds||F2,038,11t|F 37,677|||F(62,253)|F(187,759)||F.
-|F1,825,776|| |11.|ANALYSIS|OF NET ASSETSBETWEEN||FUNDS||||||||| ||||||||Expendable|||||| |||||Unrestricted|||Endowment|||2022||2021| ||||||E|||||6||8| ||Investments||||||1,702,997||1,702,997||1,925,000|| ||Debtors|||||||2,230||2,230||| ||Cash||||||129,812||129,812|||122,191| ||Creditors|||||||(9,263)||(9,263)||(9,080)| ||Total Funds||||||F1,825,776||F1,825,776||R2,038,111|| ## ## |||0|xw||||||||||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||IN»|||||||||||||||||||||||||||||| |||4I|||||||||||||||||||||||||||||| |||ta0
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