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|Trustees'
annual
report|Trustees'
annual
report|
|---|---|
|Independent
auditor's|report tothe members|
|Statement offinancial|activities|
|Statement offinancial|position|
|Statement ofcash flows||
|Notes to the financial|statements|
#
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|Reference and administrative|Reference and administrative|Reference and administrative|details|||
|---|---|---|---|---|---|
|Registered|charity|name|CBand HH Taylor 1984Trust|||
|Charity registration||number|291363|||
|Principal office|||PO Box282|||
||||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|||
|Auditor|||Independent
Auditors|LLP||
||||Chartered
Accountants|&Statutory|Auditor|
||||Emstrey House North|||
||||Shrewsbury
Business|Park||
||||Shrewsbury|||
||||Shropshire|||
||||SY26LG|||
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||||Year end|ed 5April|2023|2023||
|---|---|---|---|---|---|---|---|
||||||2023||2022|
||||||Unrestricted|||
||||||funds|Totalfunds|Total funds|
|||||Note||R||
|Income and endowments||||||||
|Investment
income||||4|617,335|617,335|667,219|
|Total income|||||617,335|617,335|667,219|
|Expenditure||||||||
|Expenditure
on raising funds:||||||||
|Investment
management|||costs|5|(23,318)|(23,318)|(25,474)|
|Expenditure
on charitable||activities||6,7|(537,980)|(537,980)|(498,452)|
|Total expenditure|||||(561,298)|(561,298)|(523,926)|
|Net (losses)/gains|on investments|||9|(2,024,046)|(2,024,046)|254,377|
|Net (expenditure)lincome||end net movement||in funds|(1,968,009)|(1,668,009)|397,670|
|Reconciliation
of|funds|||||||
|Total funds brought|fon((((ard||||16,827,112|16,827,112|16,429,442|
|Total funds carried forward|||||14,859,103|14,859,103|16,827,112|
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|||||2023|2022|
|---|---|---|---|---|---|
||||Note|||
|Fixed assets||||||
|Tangible fixed assets|||13|5,433||
|Investments|||14|14,560,306|16,545,696|
|||||14,565,739|16,545,696|
|Current assets||||||
|Debtors|||15|277|231|
|Cash at bank|and in|hand||296,129|287,081|
|||||296,406|287,312|
|Creditors: amounts||falling due within one year|16|3,042,|5,896|
|Net current assets||||293,364|281,416|
|Total assets|less current liabilities|||14,859,103|16,827, 1 'I2|
|Net assets||||14,859,103|16,827,112|
|Funds ofthe charity
Unrestricted
funds||||14,859,103|16,827,112|
|Total charity|funds||17|14,859,'I 03|16,827,112|
##
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||Year e|nded 5April 20|23||
|---|---|---|---|---|
||||2023|2022|
||||E||
|Cash flows from operating|activities||||
|Net (expenditure)/income|||(1,968,009)|397,670|
|Adjustments
for:|||||
|Depreciation
oftangible fixed assets|||567||
|Net (losses)/gains
on investments|||2,024,046|(254,377)|
|Dividends,
interest and rents from investments|||(616,872)|(667,219)|
|Other interest receivable and similar income|||(463)||
|Interest payable and similar|charges|||3|
|Accrued (income)/expenses|||(2,854)|1,288|
|Changesin:|||||
|Trade and other debtors|||(46)|(231)|
|Trade and other creditors||||(1,009)|
|Cash generated
from operations|||(563,631)|(523,875)|
|Interest paid||||(3)|
|Interest received|||463||
|Net cash used in operating|activities||(5S3,188)|(523,878)|
|Cash flows from investing|activities||||
|Dividends,
interest and rents from investments|||616,872|667,219|
|Purchase oftangible assets|||(6,000)||
|Purchases ofother investments|||(1,273,157)|(1,454,722)|
|Proceeds from sale ofother|investments||1,234,501|1,320,930|
|Net cash from investing
activities|||572,216|533,427|
|Net increase in cash and cash equivalents|||9,048|9,549|
|Cash and cash equivalents|at beginning|ofyear|287,081|277,532|
|Cash and cash equivalents|at end ofyear||296,129|287,081|
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|4.|Investment||income||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2023
K|Funds
f|2022|
||Income from||listed investments||||593,703|593,703|642,985|642,985|
||Loan stock|interest|||||23,169|23,169|24,234|24,234|
||Bank interest||receivable||||463|463|||
||||||||617,335|617,335|667,219|667,219|
|5.|Investment||management||costs||||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds
F|2023
E|Funds
f|2022|
||Investment|management||fees||and|||||
||bank charges||||||23,318|23,318|25,474|25,474|
|6.|Expenditure||on charitable||activities||by fund type||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2023|Funds|2022|
|||||||||K||f.|
||Grants||||||524,275|524,275|486,000|486,000|
||Foreign exchange differences|||||relating|||||
||to acquisition||and disposal||of|listed|||||
||investments||||||||(164)|(164)|
||Support costs||||||13,705|13,705|12,616|12,616|
||||||||537,980|537,980|498,452|498,452|
##
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||||||Grant funding|Support|Total funds|Total fund|
|---|---|---|---|---|---|---|---|---|
||||||ofactivities|costs|2023|2022|
|||||||F|||
||Grants||||524,275|7,997|532,272|493,685|
||Foreign exchange differences|||relating|||||
||to acquisition|and disposal of||listed|||||
||investments|||||||(164)|
||Governance
costs|||||5,708|5,708|4,931|
||||||524,275|13,705|537,980|498,452|
|8.|Analysis ofsupport costs||||||||
|||||||Grants|Total 2023|Total 2022
f|
||Secretarial
remuneration||and|expenses||7,997|7,997|7,682|
||Audit fees|||||1,400|1,400|1,430|
||Accountancy|fees||||1,000|1,000|1,100|
||Sundry expenses|||||946|946|136|
||Rent|||||1,023|1,023|526|
||Legal fees|||||||1,200|
||Depreciation|||||567|567||
||Postage and|stationery||||772|772|539|
|||||||13,705|13,705|12,613|
|9.|Net (losses)/gains
on investments||||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2023|Funds|2022|
|||||||E|||
||Gains/(losses)|on disposal oflisted|||||||
||investments||||(78,006)|(78,006)|84,026|84,026|
||Gains/(losses)|on revaluation||of listed|||||
||investments||||(1,946,040)|(1,946,040)|170,351|170,351|
||||||(2,024,040)|(2,024,046)|254,377|254,377|
|10.|Net (expenditure)/income||||||||
||Net (expenditure)/income||is stated after||charging/(crediting):||||
||||||||2023|2022|
||||||||E|F|
||Depreciation|oftangible fixed||assets|||567||
||Foreign exchange differences|||||||(164)|
||Fees payable|for the audit of||the financial statements|||1,400|1,430|
##
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|Tangible|fixed assets||
|---|---|---|
|||Computer|
|||equipment|
|Cost|||
|At6April|2022|616|
|Additions||6,000|
|At 5April|2023|6,616|
|Depreciation|||
|At6April|2022|616|
|Charge for the year||567|
|At 5April|2023|1,183|
|Carrying|amount||
|At 5April|2023|5,433|
|At 5April|2022||
|Investments|||
|||Listed|
|||investments|
|Cost orvaluation|||
|At6April|2022|16,545,696|
|Additions||1,273,157|
|Disposals||(1,312,507)|
|Fair value|movements|(1,946,040)|
|At 5April|2023|14,560,306|
|Impairment|||
|At 6April|2022 and 5April 2023||
|Carrying|amount||
|At 5April|2023|14,560,306|
|At 5April|2022|16,545,6S6|
##
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|15.|Debtors||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
||||||||F|F|
||Prepayments|and accrued income|||||277|231|
|16.|Creditors: amounts||falling due within one year||||||
||||||||2023|2022|
|||||||||F|
||Accruals and|deferred|income||||3,042|5,896|
|17.|Analysis ofcharitable funds||||||||
||Unrestricted|funds|||||||
|||||At|||Gains and|At|
||||6April|2022|Income|Expenditure|losses|5April 2023
f|
||General funds||16,827,112||617,335|(581,298)|(2,024,046)|14,859,103|
|||||At|||Gains and|At|
||||6April|2021|Income|Expenditure|losses|5April 2022|
||General funds||16,429,442||667,219|(523,926)|254,377|16,827,112|
##
|Analysis ofnet as|sets between funds|||
|---|---|---|---|
|||Unrestricted|Total Funds|
|||Funds|2023|
|Tangible fixed assets
Investments||5,433
14,560,306|5,433
14,560,306|
|Current assets||296,406|296,406|
|Creditors less than|1 year|(3,042)|(3,042)|
|Net assets||14,859,103|14,859,103|
|||Unrestricted|Total Funds|
|||Funds|2022|
|Tangible fixed assets
Investments||16,545,696|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|
#
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##
|20.Analysis|ofinvestments||
|---|---|---|
|||Ilarket Value|
|Shares|||
|3I Infrastructure||583,163|
|AstraZen sea||73D,422|
|Atrato Onsite|Energy|259,60D|
|Centric a||151,519|
|Digital 9Infrastructure||241,368|
|Downing Renewahles||243,562|
|DSSmith||292,125|
|Gore Street Energy||493,T72|
|Glaxo SmithKline||321,235|
|Haleon Pic||91,975|
|Hill &Smith||309,8?6|
|Home REITPic||247,325|
|IMI||527,760|
|International
Puhlic Partnership||369,?62|
|ITV||183,494|
|John Laing Environmental||5T3,800|
|Johnson
Matthey||291,159|
|Legal &General||456,686|
|Londonmetric|Property|601,037|
|M&G||195,546|
|Morgan Advanced||270,500|
|National
Grid||434,665|
|Pennon
Group||278,880|
|Prudential||297,810|
|Reckitt Benckiser||506,88D|
|Renewi||285,180|
|Renishaw||627,640|
|Rotork||448,105|
|Schroder BSCSocial||226,7T5|
|SDCL Energy|Efliciency Income Trust|368,082|
|Spirax-Sarco Engineering||1,083,000|
|Tate &Lyle||329,448|
|Triple Point Energy||223,850|
|Unilever||887,720|
|United
Utilities||462,895|
|Yodafone||247.7?7|
|Wood Group||84,420|
|||14,228,813|
|Stocks|||
|BT3.5%Index|Linked 2025|331,493|
|||331,493|
##
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##
|21.Analysis ofgrants||||||
|---|---|---|---|---|---|
|||||2023||
|Ackers Adventure||||1,000||
|Acorns Children
Hospice||Trust||1,380||
|Action Against
Hunger||||10,000||
|Afncan Mission||||250||
|Age International||||6,000||
|Age UK||||2,000||
|Akany Avoko Children's||Home Madagascar||3,000||
|All Hands
and Hearts UK Trust||||2,000||
|Ail Saints Youth Project||||1,000||
|All We Can||||6,000||
|Ampliiy Action||||1,000||
|Action On Poverty||||2,000||
|Heating Time||||1,500|'|
|Beyond the Horizon||||1,000||
|Birmingham
Association||ofYouth Clubs||5,000||
|Birmingham
Botanical Gardens||||500||
|Birmingham
Community||Matters||1,000||
|Birmingham
Disability Resource Centre||||2,000||
|Birmingham
Opera Company||||1,000||
|Birmingham
Settlement||||10,000||
|Bournville
Local Meeting||||500||
|Brierley
Hill Babybank||||500||
|Britain Yearly Meeting OfThe Religious Society|||Of Friends|75,000||
|British Friends OfQCEA||||14,000||
|British Shalom-Salaam|Trust|||5,000||
|Build-It International||||1,000||
|Building 4 Hope||||1,000||
|Camlield||||1„000||
|Caplor Horizons||||10,000||
|Carers Trust Heart ofEngland||||2,000||
|Cash For Kids||||1,000||
|Central England Quakers||Peace Committee||1,500||
|Changing
Tunes||||1,500||
|CHASE Africa||||2,000||
|Child Autism
UK||||1,000||
|Child
In Need india||||1,000||
|Christian
Aid||||6,000||
|Clouds ofHope||||1,500||
|Gowns Without
Borders||UK||2,000||
|Crawshawbooth
Quaker||Meeting||1,000||
|Cruse Bereavement
Care||||2,000||
|Deki||||1,500||
|DogA
I. D||||1,858||
##
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##
|||||2023|
|---|---|---|---|---|
|Dudley Counselling|Centre|||1,000|
|Ecobirmingham||||2,00Q|
|Engage with Age||||1„000|
|Family Action||||6,00Q|
|Family Holiday Charity||||600|
|Forward Africa Education||||1,500|
|Frank Water||||500|
|Friends ofMonza||||1,000|
|Giving Hands Mission||||1,000|
|Guy's Gift||||1,000|
|Halow Birmingham||||2,000|
|Hands Around the World||||1,500|
|Happy Days Family|Group|||1,00Q|
|Horne-Start
Birmingham||South||1,000|
|Hope for Justice||||5,000|
|Hope Health Action||||2,000|
|Inter Care||||1,000|
|InterAct Stroke Support||||1,000|
|International
Needs|VK|||2,350|
|International
Rescue Committee|||UK|6,000|
|Kaleidoscope||||2,000|
|Karis Neighbour
Scheme||||1,000|
|Khulisa||||1,000|
|Kids Club Kampala||||1,000|
|Kingswood Trust||||2,060|
|Koestler Arts||||1,00D|
|Law Works||||2,DOD|
|Made for More||||1,000|
|Mary Ann Evans Hospice||||405|
|Mitchell's
Miracles||||1,000|
|Money for Madagascar||||15,000|
|Newbigin
Community|Trust|||2,DDQ|
|Newlife The Charity|for Disabled||Children|1,000|
|North Wales Area Meeting||||1,000|
|Northern
Ireland DeafSports||||1,000|
|Omega||||1,000|
|Orchid Project||||1,000|
|Parkinson's
UK||||2,000|
|Path to Prosper||||2,40Q|
|Peace Direct||||2,000|
|Peace Works Zimbabwe||||1,000|
|Place28e||||2,000|
|Plan lntemational
UK||||10,00Q|
##
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|||||||2023|
|---|---|---|---|---|---|---|
|Play Action International||||||1,000|
|Porridge and Pens Ghana||||||2,000|
|Pragya||||||2,000|
|Prisoners
OfConscience|Appeal||Fund|||3,D00|
|Quaker Christmas
Parcels||||||3,000|
|Quaker
International
Educational|||Trust|||2,000|
|Quaker Service (Ireland)||||||14,000|
|Quaker Social Action||||||32,000|
|Quaker
United Nation||||||18,000|
|Quaker Voluntary
Action||||||3,000|
|Relate||||||4,000|
|RicNic||||||500|
|Ryders Green Methodist|Day|Centre||||1,000|
|Safe Child Thailand||||||2,500|
|Salvation
Army||||||7,000|
|Samaritans
Birmingham||||||6,000|
|Sandwell
African Women|Association|||||1,000|
|Sandwell
Asian Development||Association||||1,000|
|Sandwell
Parents for Disabled||Children||||2,000|
|Sandwell
Youth
in Action||||||500|
|Scholarships
for Street Kids||||||3,000|
|Sensory People||||||1,000|
|Shelter||||||8,000|
|Simien Mountains
Mobile|Medical||Service|||3,000|
|SolarAid||||||1,500|
|Solihull Action Through
Advocacy||||||2,000|
|Sophie Hayes Foundation||||||2,000|
|SOS Children's
Villages|UK|||||6,000|
|Soundabout||||||1,000|
|Spitfire Advice and Support Services||||||1,000|
|StAndrews
Education
for Palestinian|||||Students|1,000|
|StAnne"s Hostel||||||1,000|
|StGiles Trust||||||2,000|
|StMary's Roman Catholic Church,||||Willenhall||1,000|
|St Richard's
Hospice Foundation||||||4,000|
|Street Child||||||1,000|
|Support Through
Court||||||1,000|
|Temwa||||||500|
|The Big issue Foundation||||||2,000|
|The Coroners' Court Support||Service||||1,000|
|The Fellowship
Of Reconciliation||||||1,000|
|The Friend||||||6,000|
|The Friends Of HOPE||||||5,00D|
##
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##
||||2023|
|---|---|---|---|
|The Haven Wolverhampton|||1,000|
|The Heart OfEngland Forest|||1,472|
|The Hospice Charity Partnership|||1,000|
|The House on the Comer Community||Project|1,000|
|The Leprosy Mission England|and Wales||1,000|
|The Light House|||1,000|
|The Mango Tree|||3„500|
|The Recovery Foundation|||2,000|
|Tools For SelfReliance|||4,000|
|Top Church Training|||1,500|
|Transform
Burkina|||1,000|
|UN1CEF|||9,000|
|Village Water|||1,000|
|Walsall Bereavement
Support|Service||1,000|
|Walsall Society for the Blind|||1,MO|
|Warley Woods Community
Trust|||1,M0|
|West Midlands
Quaker Peace Education Project|||6,000|
|Whizz-Kidz|||1,000|
|Woodbrooke
Quaker Study Centre|||24,000|
|Woodlands
Quaker Home for|Older People||4,000|
|World Child Cancer|||2,000|
|Worth Unlimited|||1,000|
|YHA (England and Wales)|||2,000|
|Young Friends General
Meeting|||2,000|
|Young People First|||1,000|
|Youth Lyric|||1,000|
|Zambia Orphans
Aid UK|||1,000|
|Zimbabwe
Educational
Trust|||3„500|
||||524.2F5|