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|||Page|
|---|---|---|
|Trustees'
annual
report|||
|Independent
auditor's|report to the members||
|Statement offinancial|activities||
|Statement offinancial|position||
|Statement ofcash flows||10|
|Notes to the financial|statements||
#
|Reference and administrative|Reference and administrative|Reference and administrative|details||||
|---|---|---|---|---|---|---|
|Registered|charity|name|CBand
HH Taylor 19&4Trust||||
|Charity registration||number|291363||||
|Principal office|||PO Box 282||||
||||Aberystwyth||||
||||SY239BZ||||
|The trustees|||Mrs C H Norton||||
||||Mrs EJ Birmingham||||
||||Mrs C M Penny||||
||||TW Penny||||
||||RJ Birmingham||||
||||SBTaylor||||
||||Ms C Middleton||||
||||Ms H M Pattison||||
||||Ms LTaylor||(Appointed|21 April 2021)|
|Auditor|||Independent
Auditors|LLP|||
||||Chartered
Accountants|8 Statutory|Auditor||
||||Emstrey House North||||
||||Shrewsbury
Business|Park|||
||||Shrewsbury||||
||||Shropshire||||
||||SY26LG||||
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|||||Year ende|d 5April|2022|2022||
|---|---|---|---|---|---|---|---|---|
|||||||2022||2021|
|||||||Unrestricted|||
|||||||funds|Total funds|Total funds|
||||||Note||E||
|Income and endowments|||||||||
|Investment|income||||4|667,219|667,219|458,136|
|Total income||||||667,219|667,219|458,136|
|Expenditure|||||||||
|Expenditure|on raising funds:||||||||
|Investment
management|||costs||5|(25,474)|(25,474)|(22,627)|
|Expenditure|on charitable|activities|||6,7|(498,452)|(498,452)|(556,882)|
|Total expenditure||||||(523,926)|(523,926)|(579,509)|
|Net gains on investments|||||9|254,377|254,377|3,570,248|
|Net income|and net movement|||in funds||397,670|397,670|3,448,875|
|Reconciliation
offunds|||||||||
|Total funds|brought forward|||||16,429,442|16,429,442|12,980,567|
|Total funds|carried forward|||||16,827,112|16,827,112|16,428,442|
##
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||CBand HH Taylor 1
Statement ofFinancial
5April 2Q22|984Trust
Position|||
|---|---|---|---|---|
||||2022|2021|
|||Note|f.||
|Fixed assets|||||
|Investments||14|16,545,696|16,157,527|
|Current assets|||||
|Debtors|||231||
|Cash at bank and in|hand||287,081|277,532|
||||287,312|277,532|
|Creditors: amounts|falling due within one year||5,8S6|5,617|
|Net current assets|||281,416|271,S15|
|Total assets less cunsnt liabilities|||16,827,112|16,429,442|
|Net assets|||16,827,112|16,429,442|
|Funds ofthe charity|||||
|Unrestricted
funds|||16,827,112|16,429,442|
|Total charity funds||18|16,827,112|18,429,442|
##
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||Year e|nded 5April 2022|||
|---|---|---|---|---|
||||2022|2021|
|Cash flows from operating|activities||||
|Net income|||397,670|3,448,875|
|Adjustments
for.|||||
|Depreciation
oftangible fixed assets||||51|
|Net gains on investments|||(254,377}|(3,570,248)|
|Dividends,
interest and rents from investments|||(667,219}|(457,88S}|
|Other interest receivable and similar income||||(248)|
|Interest payable and similar|charges||3||
|Accrued expenses|||1,288|947|
|Changesin:|||||
|Trade and other debtors|||(231)|89|
|Trade and other creditors|||(1,009)|255|
|Cash generated
from operations|||(523,875)|(578,167)|
|Interest paid|||(3)||
|Interest received||||248|
|Net cash used in operating|activities||(523,878)|(577,919)|
|Cash flows from investing|activities||||
|Dividends,
interest and rents from investments|||667,219|457,887|
|Purchases ofother investments|||(1,454,722)|(1,532,501)|
|Proceeds from sale ofother|investments||1,320,930|1,647,765|
|Net cash from investing
activities|||533,427|573,151|
|Net increase/(decrease}
in cash and cash||equivalents|9,549|(4,768)|
|Cash and cash equivalents|at beginning|ofyear|277,532|282,300|
|Cash and cash equivalents|at end ofyear||287,081|277,532|
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|Investment|income||||||
|---|---|---|---|---|---|---|
||||Unrestricted|TotalFunds|Unrestricted|Total Funds|
||||Funds|2022|Funds|2021|
||||||F||
|Income from listed investments|||642,985|642,985|398,766|398,766|
|Loan stock|interest||24,234|24,234|59,122|59,122|
|Bank interest receivable|||||248|248|
||||667,219|667,219|458,136|458,136|
|Investment|management|costs|||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2022|Funds|2021|
|Investment|management|fees and|||||
|bank charges|||25,474|25,474|22,627|22,627|
##
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##
||||||Year e|Year e|nded 5April|2022|||
|---|---|---|---|---|---|---|---|---|---|---|
|6.|Expenditure||on charitable||activities||by fund type||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2022|Funds|2021|
||||||||F||F|F|
||Grants||||||486,000|486,000|539,900|539,900|
||Foreign exchange differences|||||relating|||||
||to acquisition||and disposal of|||listed|||||
||investments||||||(164)|(164)|||
||Support costs||||||12,616|12,616|16,982|16,982|
||||||||498,452|498,452|556,882|556,882|
|7.|Expenditure||on charitable||activities||by activity type||||
||||||||Grant funding|Support|Total funds|Total fund|
||||||||ofactivities|costs|2022|2021|
|||||||||||F|
||Grants||||||486,000|7,685|493,685|552,745|
||Foreign exchange differences|||||relating|||||
||to acquisition||and disposal of|||listed|||||
||investments||||||(164)||(164)||
||Governance|costs||||||4,931|4,931|4,137|
||||||||485,836|12,616|4S8,452|556,882|
|&.|Analysis ofsupport costs||||||||||
|||||||||Grants|Total 2022|Total 2021|
||||||||||f.|F|
||Secretarial|remuneration||and||expenses||7,682|7,682|12,845|
||Audit fees|||||||1,430|1,430|1,290|
||Accountancy||fees|||||1,100|1,100|1,188|
||Sundry expenses|||||||136|136||
||Rent|||||||526|526|1,267|
||Insurance|||||||||126|
||Legal fees|||||||1,200|1,200||
||Depreciation|||||||||51|
||Postage and||stationery|||||539|539|215|
|||||||||12,613|12,613|16,982|
|9.|Net gains on||investments||||||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2022|Funds|2021|
||||||||||F|F|
||Gains/(losses)||on disposal of|||listed|||||
||investments||||||84,026|84,026|80,890|80,890|
||Gains/(losses)||on revaluation|||of listed|||||
||investments||||||170,351|170,351|3,489,358|3,489,358|
||||||||254,377|254,377|3,570,248|3,570,248|
##
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##
|Net income|||
|---|---|---|
|Net income is stated after charging/(crediting):|||
||2022|2021
f|
|Depreciation
oftangible
fixed assets||51|
|Foreign exchange differences|(164)||
|Fees payable for the audit ofthe financial statements|1,430|1,290|
##
|Staff costs|||||
|---|---|---|---|---|
|The total staff costs and|employee|benefits for the reporting|period are analysed as|follows:|
||||2022|2021|
|||||F|
|Wages and salaries||||12,654|
|Employer contributions|to pension|plans||191|
|||||12,845|
##
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##
|Tangible|fixed assets||
|---|---|---|
|||Computer|
|||equipment|
|Cost|||
|At 6April|2021 and 5April 2022|616|
|Depreciation|||
|At 6April|2021 and 5April 2022|616|
|Carrying|amount||
|At 5April|2022||
|At 5 April|2021||
##
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|||Listed|
|---|---|---|
|||investmentsf|
|Cost or valuation|||
|At 6 April|2021|16,157,527|
|Additions||1,454,722|
|Disposals||(1,236,904)|
|Fair value|movements|170,351|
|At 5April|2022|16,545,696|
|Impairment|||
|At 6April|2021 and 5April 2022||
|Carrying
At 5April|amount
2022|16,545,696|
|At 5April|2021|16,157,527|
##
##
|15.|publicly availa
Debtors|ble
mar|ket prices by the investment
fund manage|rs.||
|---|---|---|---|---|---|
|||||2022|2021
f|
||Prepayments|and accrued income||231||
|16.|Creditors: amounts||falling due within one year|||
|||||2022|2021|
||Trade creditors||||199|
||Accruals and|deferred|income|5,896|4,608|
||Social security|and other taxes|||810|
|||||5,896|5,617|
##
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|||At|||Gains and|At|
|---|---|---|---|---|---|---|
|||6 April 2021|Income|Expenditure|losses|5April 2022|
||||||E|F|
|General|funds|16,429,442|667,219|(523,926)|254,377|16,827,112|
|||At|||Gains and|At|
|||6April 2020|Income|Expendituref|losses|5April 2021|
|General|funds|12,980,567|456,136|(579,509)|3,570,248|16,429,442|
##
|19.|Analysis ofnet a|sse|ts between funds||||
|---|---|---|---|---|---|---|
||||||Unrestricted|Total Funds|
||||||Funds|2022|
|||||||f.|
||Investments||||16,545,6S6|16,545,696|
||Current assets||||287,312|287,312|
||Creditors less than|1|year||(5,896)|(5,896)|
||Net assets||||16,827,112|16,827,112|
||||||Unrestricted|Total Funds|
||||||Funds|2021|
||Tangible fixed assets||||||
||Investments||||16,157,527|16,157,527|
||Current assets||||277,532|277,532|
||Creditors less than|1|year||(5,617)|(5,617)|
||Net assets||||16,429,442|16,429,442|
|20.|Analysis ofchanges||in net debt||||
|||||||At|
|||||At 6Apr 2021|Cash flows|5Apr 2022|
|||||F||R|
||Cash at bank and|in|hand|277,532|9,549|287,081|
##
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##
|21.Analysis ofinvestments
Shares|Ilarket Valu|
|---|---|
|3I Infrastructure|654,438|
|AstraZeneca|919,726|
|Atrato Onsite Energy|270,556|
|Aviva preference|59,340|
|Centrica|110,385|
|Digital 9 Infrastructure|396,228|
|DS Smith|231,710|
|General Accident preference|52,290|
|Glaxo SmithKline|460,026|
|Gore Street Energy|478,398|
|Home REITPic|815,100|
|Hill 8 Smith|327,800|
|IMI|480,600|
|International
Public Partnership|394,220|
|ITV|188,600|
|John Laing Environmental|527,250|
|Johnson
Matthey|248,498|
|Legal 8 General|530,402|
|Londonmetric
Property|957,783|
|M8G|223,510|
|National
Grid|466,235|
|Northern
Electric preference|48,825|
|Pennon
Group|355,840|
|Prudential|306,045|
|Reckitt Benckiser|476,640|
|Renevri|231,104|
|Renishaw|651,440|
|Rotork|480,850|
|Schroder BSCSocial|247,925|
|SDCL Energy Efliciency Income Trust|519,948|
|Spirax-Sarco Engineering|1,775,031|
|Tate 8 Lyle|357,485|
|Llnilever|732,056|
|United
Utilities|501,380|
|Vodafone|347,580|
|Wood Group|61,386|
||15,886,627|
|Stocks||
|BT3 5 %%d Index Linked 2025|331,881|
|Sevem Trent
1 3'%%d Index Linked 2022|327,188|
||659,069|
##
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##
##
|22.Analysis ofgrants||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|
|Acacia Family Support|||||||||1,000|
|Action For Poverty|||||||||2,000|
|Alice Charity|||||||||1,000|
|All We Can|||||||||4,000|
|Amateur
Swimming
Association|||||||||1,000|
|Arms Around the Child|||||||||1,000|
|ASPI|||||||||1,000|
|BBCWildlife Trust (Black||Country)|||||||500|
|Better Pathways|||||||||1,000|
|Birmingham
& Solihull Women's||||Aid|||||2,000|
|Birmingham
Association|OfYouth||||Clubs||||7,000|
|Birmingham
Botanical Gardens|||||||||500|
|Birmingham
Settlement|||||||||12,000|
|Boumville
Village Trust|||||||||1,000|
|Brightsight|||||||||500|
|Britain Yearly Meeting For Children|||||And Young|||People's Work|2,000|
|Britain Yearly Meeting OfThe Religious Socie|||||||ty Of Friends||70,000|
|Britain Yearly Meeting Quaker|||United|||Nations||0%ce|18,000|
|British Friends ofQCEA|||||||||14,000|
|British Red Cross|||||||||5,000|
|Build-It International|||||||||1,000|
|Caplor Horizons|||||||||1D,OOO|
|Central
England
Area Quaker Meeting|||||||||12,500|
|Children
For Health|||||||||1,000|
|Christian
Blind Mission|||||||||2,000|
|Clowns
In The Sky|||||||||1,0DO|
|Concern Worldwide|||||||||15,0DO|
|Coventry Refugee 8 Migrant Centre|||||||||2,000|
|Coventy Resource Centre||For The|||Blind||||1,000|
|Cruse Bereavement
Care|||||||||2,0DO|
|Dudley Lodge Safeguarding||Childrens||||Services|||1,000|
|Edinburgh
Direct Aid|||||||||3,000|
|Educating
The Children|||||||||1,000|
|Edwards
Trust|||||||||1,500|
|Engineering
Development||Trust|||||||(1,000)|
|Escaping Victimhood|||||||||2,000|
|Evergreen
Africa|||||||||1,000|
|Family Action|||||||||8,000|
|FH Moscow|||||||||1,000|
|Finding Rhythms|||||||||(1,000)|
|Forward Africa Education|||||||||1,500|
|Friends of Hlekweni|||||||||5.500|
|Friends
Southern
Summer||School|||||||1,000|
|FWCC EMES|||||||||4„000|
|Glebe House|||||||||1,000|
##
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##
||||||2022|
|---|---|---|---|---|---|
|Guys Gilt|||||500|
|Halow Birmingham|||||2,000|
|Hands
Around The World|||||1,500|
|HelpAge
International|||||1,00D|
|Home Leone|||||4„000|
|HOPE Coventry|||||500|
|Hope Health Action|||||1,500|
|Hope Into Action Reading|||||(500)|
|Humanity
8 Inclusion|||||2,000|
|John Fawcett Foundation|||||1,500|
|Karis Neighbourhood||Scheme|||1,000|
|Kendal LQM|||||1,000|
|Mango Tree Orphan|Support Prog||||2,500|
|Marazion
LQM|||||1,QOO|
|Mary Stevens Hospice|||||1,000|
|Money for Madagascar|||||22,000|
|Newlife-The
Charity For Disabled||||Children|1,000|
|Nightingale
Children's||Project|||1,000|
|Peace Direct|||||2,000|
|Peace Museum|||||1,00D|
|Peter Pan Centre For||Children|With Special Needs||500|
|Physio Net|||||500|
|Plan Your Future|||||1,000|
|Practical Action|||||1,500|
|Prison
Reform Trust|||||2,000|
|Prisoners
Advice Service|||||5,000|
|Prisoners
Penfriends|||||500|
|Project Mala|||||2,500|
|Q Voluntary
Action|||||3,000|
|QCEA|||||12,000|
|Quaker Asylum 8 Refugee Network|||||(1,000)|
|Quaker
Bolivia Link|||||1,000|
|Quaker Bookshop publication|||||2,000|
|Quaker Service {Ireland)|||||14,000|
|Quaker Social Action|||||32,000|
|Rainy Day Trust|||||50Q|
|Re-Engage|||||5DO|
|Relate|||||5,000|
|Rescue Committee|||||10,DQQ|
|Resources For Autism|||||1,Q00|
|Rising Stars Young|People's Services||||500|
|Rotary Club Of Plympton|||||2,000|
|Salvation
Army|||||3,000|
|Salvation
Army West||Midlands|||7„000|
|Sandwell
Youth
In Action|||||1.000|
##
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##
|Y|Y|Y|Y|ear ended 5April 2022||
|---|---|---|---|---|---|
|22.Analysis ofgrants (continued)||||||
|Scholarships
For Street Children|||||3,000|
|Serendip
Childrens
Home|||||2,000|
|Shelter|||||12,000|
|Siblings Together|||||500|
|Simien
Mountain
Medical||Services|||2, 0QO|
|South Sudanese East|Bank Commuity|||Association|500|
|St Anne's
Hostel|||||2,000|
|Stand Alone|||||1,000|
|Street Teams|||||1,000|
|The Bhopal Medical Appeal|||||1,500|
|The Engineering
Development|||Trust||1,000|
|The Feast|||||1,000|
|The Friend|||||6,000|
|The Friends ofHOPE|||||2,000|
|The Girls Network|||||1,000|
|The Haven Wolverharnpton|||||1,000|
|The Refugee Council|||||2,000|
|Their Future Today|||||2,000|
|Tiny Tim's Childrens
Centre|||||1,000|
|Tools for Self Reliance|||||4,0QO|
|Transitions
UK|||||500|
|Triple-H Trust|||||1,000|
|Trussell Trust|||||5,000|
|UK Reads|||||1,000|
|UNHCR|||||4,000|
|UNICEF|||||10,000|
|UNICEF Yemen|||||4,000|
|Walsall Bereavement|Support||Services||1,000|
|Warwickshire
Hedgehog||Service|||500|
|Warwickshire
Social Inclusion|||Partnersh|Ip|1,000|
|What Makes You Different Makes You||||Beautiful|1,000|
|Woodbrooke|||||24,000|
|Worcester Street Pastors|||||1,000|
|Workplace
Matters|||||1,0QQ|
|WWF-UK|||||1,500|
|YFGM|||||2,000|
|YHA (England
and Wales)|||||2,000|
|Young Women's
Trust|||||1,QQO|
|Youth Together for Higher||Education|||1.000|
|Zambia Orphans
Aid|||||1,000|