2022-12-31-accounts - The J L Wine Charitable Trust

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	Page
Report of the Trustees	1to2
IndependentExaminer'sReport	3
StatementofFinancialActivities	4
Balance Sheet	5
Notesto theFinancialStatements	6to10
Detailed StatementofFinancialActivities	11

		2()22	2021
		Unrestricted	Total
	Notes	funds E	funds f
INCOMEANDENDOWMENTSFROM
Investmentincome	2	26,928	24,710
EXPENDITUREON
Raising funds	3	9,837	10,167
Charitableactivities	4
Grants in furtherance of the charity's
objects		7,347	9,370
Grant related supportcosts		3,190	3,502
Total		20,374	22,979
Netgains/(losses) on investments		(90,597)	124,518
NETTNCOME/(EXPENDTTURE)		(84,043)	126,249
RECONCILIATION OFFUNDS
Total funds brought forward		1,388,957	1,262,709
TOTALFUNDSCARRIEDFORWARD		1,304,914	1,388,957

		2()22	2021
		Unrestricted	Total
		funds	funds
	Notes	E	f
FIXEDASSETS
Investments	8	l,L63r6L2	1,251,819
CURRENT ASSETS
Cashatbank		l42tL3L	137,943
CREDITORS
Amounts fallingduewithinone year	9	(82e)	(80s)
NET CURRENTASSETS		l4'-,3o2	137,138
TOTAL ASSETSLESSCURRENT
LIABILITIES		L,3O4	9L4
NETASSETS		1,3o4,9L4	7,388,957
FUNDS	10
Unrestrictedfunds		L,3O4t9l4	1,388,957
TOTALFUNDS		1,304,914	1,388,957

INVESTMENT INCOME
				2(J22 c		2021 I
Dividends				26,913		24,318
Interest				15		392
			3:t?			24,710 :
RAISINGFUNDS
Investmentmanagementcosts
				2022		2021
				E		f
Portfolio management				9,837		70,767 :
CHARITABLEACTIVITIESCOSTS
		Grant
		funding of
		activities		Support
	Direct	(see note	costs(see
	Costs	s)		note6)		Totals
	E	E		E		E
Grants in furtherance of the
charity'sobjects		7,347				71347
Grant related supportcosts	2,OO;			1,18;		3,19O
:	2,OOt	7,347	:	1,189	:	LO,537
GRANTS PAYABLE
				2()22 E		2021 I
Grants in furtherance of the charity'sobjects				7,347		24!l
Thetotalgrantspaidtoinstitutions during the	yearwasas
follows:
				-2022 E		2021 t
National Theatre				1,5O0		7,500_
WomenandInfantsResearch Foundation				s,a47
Community Security Trust						1,000
Jewish MusicBCA						310
NightingaleHouse						6,500
				7t347 :		24!

3.	RAISINGFUNDS Investmentmanagementcosts

SUPPORTCOSTS
		Governance
	Finance	costs	Totals
	E	E	t
Grant related supportcosts	361 :	828 :	1,189
Support costs, included in the above, areasfollows
Finance
		2022	2021
		Grant
		related
		support	Total
		costs	activities
		E	t
Bank charges		__t91	487
Governancecosts
		2()22	2021
		Grant
		related
		support	Total
		costs E	activities f
Independent examiner'sfees		384	372
Accountancy		444	432
		828	804

FIXEDASSETINVESTMENTS
	Listed
	investments
	[.
MARKET VALUE
AtlstJanuary 2022	11251rg1g
Additions	2,39O
Revaluations	(9O,597)
At3lstDecember 2022
	'-tL63,6L2
NET BOOK VALUE
At31stDecember 2022
	'1163r6L2
At31stDecember 2021	1,251,919

		2022 E	2021 t
Other creditors		829 :	805 :
MOVEMENTINFUNDS
		Net
		movement	At
	AtLlU22	infunds	3t/t2122
	E	E	E
Unrestricted funds
Incomefund	18,655	6,554	25,2O9
Capital fund	L,37O,3O2	(9O,597)	1,279,7()5
	1,388,957	(84,043)	lt304t9l4
TOTALFUNDS	1,388,957	(84,043)	L,3O4,914

Netmovement in funds,included	intheabove areasfollow	s
	Incoming	Resources	Gainsand	Movement
	resources EE	expended	losses E	infunds f
Unrestricted funds
Incomefund Capital fund	26t928	(20,374)	(90,597)	6,554 (90,597)
	26,928	(2Or374)	(90,597)	(84,O43)
TOTALFUNDS	26t928 :	(2(J,374)	(90,597)	(84,043)

Comparativesformovement in fun	ds
		Net
		movement	At
	Atr/7/27	infunds	37/12/27
	E	E	E
Unrestricted funds
Incomefund	t7,286	1,369	18,655
Capital fund	r,245,422	r24,880	1,370,302
	r,262,708	726,249	r,388,957
TOTALFUNDS	r,262,708	L26,249	t,388,957

	Incoming resources ET.E	Resources expended	Gainsand losses	Movement infunds E
Unrestricted funds
Incomefund	24,349	(22,979)		1,369
Capitalfund	362		t24,5r8	124,880
	24,710	(22,979)	r24,5L8	126,249
TOTALFUNDS	24,770	(22,979)	t24,578	L26,249

	2022	2022	2021
		E	t
INCOMEANDENDOWMENTS
Investmentincome
Dividends	26,9t3		24,318
Interest		15	392
	26,928		24,710
Total incomingresources	26,928		24,710
EXPENDITURE
fnvestmentmanagementcosts Portfolio management		9,837	10,767
Charitableactivities
Laytons fees Exchange differences		2,OO4 (3)	2,222 (s)
Grantstoinstitutions		7,347	9,310
		9,348	11,527
Support costs
Finance
Bank charges		361	481
Governancecosts
Independent examiner'sfees		384	372
Accountancy		444	432
		828	804
Totalresources expended	20,374		22,979
Netincome before gains andlosses		6,554	7,731
Realisedrecognised gains andlosses
Realisedgains/(losses)onfixedasset
investments			9,911
Net income	:	6,554	17,642

E YEAR	ENDED31STDECEMBER2022
		Market					Market
		Valueat oL,o1.2022	Additions intheYear	Disposals intheYear	Profit/(Loss) onDisposal	Revaluation intheYear	value at 31,L2.2022
5,000 4,755 680	Alliance Trust Ord 25p BabcockInt.Group Ord 60p BHPGroup US$0.50	51,550,00 15,142.00 14,955.00				(4,17s.00) (1,719.00) 2,524.OO	47,375.OO 13,423.OO t7A79.OO
4,250 42,OOO 1,685 680 14,750	Blackrock World Mining Ord5p BNYMellon Fund Managers Global Income Units Experian Group Ord US$o,10 Findlay ParkFundsAmericanUSDDist FundsmithLLPEquityInst.Acc.Nav (Accumulation dividends 29.02.2022 &31.08,2022)	25,160.00 76,650,00 61,208,00 100,412,00 100,043.00	71.59			4,420.O0 3,935.00 (13,733.00) (77,244.OO) (13,791,59)	29,58O.00 ao,58s.o0 47,475.OO 89,168.00 85,323,OO
1,500	GSKOrd 31.25p (DemergerofHaleon 18.07,2022)	24,r02.OO	(4,625.25)			(2,224.75)	L7
1,500	Haleon Ord!1.25 (DemergerfromGSK18.07.2022)		4,625.25			284.75	4,910,00
27,500 30,700 2,400 720 2,400 12,000 19,500 73,794 7,900 14,o20 3,600 t,723 16,000 55,000 1,205 7,000 722	Henderson EuroFocOrd 50p Hermes Fund Manager Global Emerging Markets HSBCHoldings Ord US$o.50 ImperialBrands Ord10p IsharesMSCI USAQlty Div Ucits Etf lPf.4organAsia Growth Ord 25p LiontrustInvMgmt, Global EquityC GBPIncNav MelroseIndustriesOrdO.O7 6190476 Monks Investment Trust Ord5p Polar Capital Global Insurance E.Dis Prudential Ord5p Shell Ord€0.07 Schroder Oriental Ord1p The Global Smaller Ord 2.5p Unilever Ord 0,311111 Vodafone Group Ord US$o.2095238 Woodside Energy Group (DemergerfromBHPGroup 01.06.2022)	44,756.OO 50,661.00 10,767.O0 7r,644.OO 77,67r.OO 54,060.00 46,746.OO 21,084,00 108,467.00 89,139.00 45,891.00 27,956.OO 42,880.00 95,480.00 47,540.OO 7,855.00	2,378.40			(4,125.00) (7,598.00) 1,609,00 3,278.00 2,523.OO (10,3s0.00) (13,467.00) (3.341,00) (33,s35.00) 20,433.00 (s,220.00) 72,173.OO (1,840.00) (16,445.00) 2,889.00 (1,958,00) 100.60	t2,376,OO 14,922.OO 80,r94.0o 43,7tO.OO 9t,279,OO t7,743.OO 74,932.OO 109,572.00 40,67t,OO 40,129,0O 41,O40.00 79,035.00 50,429.O0 5,897.0O 2t4r9,OO 40,631,0O 43,063.00
		1,251,819.00	2,349.99			(90,s96,99)	1,163,612.00