| Reports | |
|---|---|
| Referenceandadministrativeinformation | 1 |
| Trustees'report | 2 |
| Independentauditor'sreport | 8 |
| Accounts | |
| Statementoffinancialactivities | 12 |
| Balancesheet | 13 |
| Principalaccountingpolicies | 14 |
| Notestotheaccounts | 17 |
| Trustees | GeorginaNayler(Chair) |
|---|---|
| SirMatthewFarrerGCVO | |
| DavidBonham-Carter | |
| ElizaBonham-Carter | |
| JessieGrimond | |
| Principaloffice | Chelwood |
| RectoryRoad | |
| EastCarleton | |
| Norwich | |
| NR148HT | |
| Administrator | MrsJennyCannonMVO |
| Charityregistrationnumber | 292839 |
| Auditor | BuzzacottLLP |
| 130WoodStreet | |
| London | |
| EC2V6DL | |
| Investmentmanagers | CazenoveFundManagementLtd |
| 12Moorgate | |
| London | |
| EC2R6DA | |
| Solicitors | Farrer&Co |
| 66Lincoln'sInnFields | |
| London | |
| WC2A3LH | |
| Bankers | CAFBankLtd |
| 25KingsHillAvenue | |
| WestMailing | |
| Kent | |
| ME194JQ |
| Unrestrictedfunds | Unrestrictedfunds | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Total | Total | ||
| funds | funds | ||
| Notes | £ |
£ |
|
| Incomefrom: | |||
| Investmentsandinterestreceivable | 1 | 159,788 | 152,015 |
| Totalincome | 159,788 | 152,015 | |
| Expenditureon: | |||
| Raisingfunds | |||
| .Investmentmanagementcosts | 11,314 | 18,560 | |
| Charitableactivities | |||
| .Promotingandenhancingcharitablework | 2 | 148,588 | 140,795 |
| Totalexpenditure | 159,902 | 159,355 | |
| Netexpenditurebeforeinvestmentgainsandlosses | (114) | (7,340) | |
| Gains(losses)oninvestments | 7 | ||
| .Realisedgainsonlistedinvestments | 126,357 | 57,263 | |
| .Unrealisedgains(losses)onlistedinvestments | 1,017,138 | (819,956) | |
| Netincome/(expenditure)andnetmovementinfunds | 1,143,381 | (770,033) | |
| Fundbalancesbroughtforward | |||
| at6April | 5,046,000 | 5,816,033 | |
| Fundbalancescarriedforward | |||
| at5April | 6,189,381 | 5,046,000 |
| 2021 | 2021 | 2020 | 2020 | ||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixedassets | |||||
| Listedinvestments | 7 | 5,857,834 | 4,867,878 | ||
| Currentassets | |||||
| Debtors | 8 | 2,306 | |||
| Cashatbank | 177,938 | 146,272 | |||
| Cashheldbyinvestmentmanagers | 163,920 | 38,248 | |||
| 340,858 | 186,826 | ||||
| Creditors:amountsfallingdue | |||||
| withinoneyear | 9 | (10,311) | (8,704) | ||
| Netcurrentassets | 331,547 | 178,122 | |||
| Totalnetassets | 6,189,381 | 5,046,000 | |||
| Thefundsofthecharity: | |||||
| Incomefunds | |||||
| .Unrestrictedfunds | 6,189,381 | 5,046,000 |
| Investmentincomeandinterestreceivable | ||
|---|---|---|
| 2021 | 2020 | |
| Total | Total | |
| funds | funds | |
£ |
£ |
|
| Incomefromlistedinvestments | ||
| .UKequities | 29,407 | 20,728 |
| .Internationalequities | 6,940 | 21,632 |
| .UKGovernmentbonds | 743 | 1,959 |
| .UKproperty | 9,704 | 28,751 |
| .Unitisedfunds | 106,003 | 73,336 |
| .Otherinvestmentholdings | 7,077 | 5,243 |
| 159,728 | 151,649 | |
| Interestreceivable | ||
| .Bankinterest | 59 | 166 |
| .CazenoveFundManagement | 1 | 200 |
| 60 | 366 | |
| Total | 159,788 | 152,015 |
| Expenditureonpromotingandenhancingcharit | ablework | |
|---|---|---|
| 2021 | 2020 | |
| Total | Total | |
| funds | funds | |
£ |
£ |
|
| Grantspayabletoinstitutions(note3) | 134,900 | 127,137 |
| Grantandcharityadministrationcosts | 8,355 | 8,378 |
| Governancecosts(note4) | 5,333 | 5,280 |
| 148,588 | 140,795 |
| 2021 | 2020 | |
|---|---|---|
| Recipient | £ | £ |
| Abby'sHeroes | 1,500 | — |
| AliveActivitiesLimited | 1,000 | |
| AltonCommunityAssociationYouthServices | - | 2,000 |
| AndoverYoungCarers | 1,613 | |
| AndrewCasselFoundation | — | 2,500 |
| AnnaPlowdenTrust | 3,000 | — |
| ArmonicoConsortLimited | 1,500 | - |
| AshmoleanMuseum | 4,500 | 4,000 |
| BasrahMuseum | 4,000 | — |
| BaronsCourtProject | — | 4,000 |
| TheBritishInstituteofAnkara | 5,000 | — |
| TheBritishInstituteofFlorence | — | 3,000 |
| TheBritishMuseum | 4,500 | 3,000 |
| CarersUK | - | 2,000 |
| CavellNursesTrust | - | 3,000 |
| TheCharityofElizabethJane | 2,000 | — |
| ChurchArmy | 2,500 | — |
| CityandGuildsofLondonArtSchool | 2,000 | 2,000 |
| CliftonCollege(fortheEdgarBonham-CarterScholarship) | 3,000 | 3,000 |
| TheCountryTrust | — | 1,320 |
| Dressability | — | 2,000 |
| EdwardBarnsleyEducationTrust | - | 2,000 |
| ElizabethFinnCare—Turn2u's | 3,000 | — |
| EnhamTrust | 2,000 | — |
| Fareshare—SouthernCentral | 5,000 | — |
| FitzroySupport | — | 1,000 |
| FitzwilliamMuseum | 4,000 | — |
| FramlinghamareaYouthActionPartnership(FAYAP) | 1,000 | |
| FriendsofLeightonHouse | 1,400 | — |
| FriendsofHampshireCountyYouthOrchestra | 2,000 | 2,000 |
| FriendsoftheNationalLibrary | — | 2,000 |
| FryArtGallery | — | 3,000 |
| FutureTalent | 2,500 | — |
| TheGuildhallTrust | - | 1,500 |
| HampshireandIsleofWightAirAmbulance | 1,000 | — |
| HelenArkellDyslexiaCharity | 1,000 | — |
| Home-StartHampshire | — | 3,000 |
| HoneypotChildren'sCharity | 2,000 | |
| HotLineMealsServices(London) | 5,000 | |
| Hourglass(ActiononElderAbuse) | 500 | — |
| ImmediateTheatre | — | 2,000 |
| IndependentProviderofSpecialEducationAdvice(IPSEA) | 2,000 | |
| It'sYourChoice | — | 3,000 |
| Carriedforward | 63,900 | 55,933 |
| Grantspayable(continued) | ||
|---|---|---|
| 2021 | 2020 | |
| Recipient | £ | £ |
| Broughtforward | 63,900 | 55,933 |
| TheJessieMayTrust | - | 1,000 |
| Kidscape | 2,000 | — |
| TheLicoriciaofWinchesterStatueAppeal | — | 500 |
| MineheadMuseum | 1,000 | — |
| MHAWinchesterLiveatHome | — | 2,000 |
| MotorNeuroneDiseaseAssociation | 2,000 | — |
| MultipleSclerosis(MS)Trust | - | 1,500 |
| MusicforAutism | — | 2,000 |
| TheNationalTrust | 10,000 | 10,000 |
| NationalManuscript'sConservationTrust | 3,000 | — |
| NorthHampshireMedicalFund | — | 1,500 |
| OfftheRecord—SouthEast | 3,000 | — |
| PartnershipforChildren | — | 2,000 |
| PeterLaMarchantTrust | — | 1,800 |
| PimlicoOpera | 3,000 | 3,000 |
| PlayhouseFoundation | — | 404 |
| PolkaTheatre | 2,000 | 2,000 |
| PrisonersEducationTrust | 4,000 | 4,000 |
| ProvidenceRow | — | 4,000 |
| QuayTheatreatSudbury | 1,000 | — |
| QueenElizabethScholarshipTrust(forcraftskill) | 2,000 | — |
| RainbowTrust | 1,500 | 1,500 |
| TheRambertDanceCompany | 2,000 | 2,000 |
| React | 2,500 | 1,500 |
| RingwoodandDistrictCommunityAssociation | — | 3,000 |
| RoyalAcademySchools | 4,500 | 4,500 |
| SAVEMETRUST | 1,000 | - |
| SCRATCH—FightingLocalPoverty | 3,000 | - |
| Sebastian'sActionTrust | - | 1,000 |
| Shine | — | 1,000 |
| SouthamptonHospitalsCharity | 2,500 | - |
| StMungo's | 3,000 | - |
| Soundabout | — | 1,000 |
| SpringandArtsHeritageCentre | — | 2,000 |
| Carriedforward | 116,900 | 109,137 |
| Grantspayable(continued) | ||
|---|---|---|
| 2021 | 2020 | |
| Recipient | £ | £ |
| Broughtforward | 116,900 | 109,137 |
| StBarbeMuseumandArtGallery | — | 1,000 |
| StraightTalkingPeerEducation | 1,000 | 1,000 |
| SuffolkBuildingPreservationProject | 2,000 | — |
| SupportThroughCourt | 2,000 | 4,000 |
| Surfers AgainstSewage | — | 1,000 |
| TheTate | 4,500 | 4,000 |
| TheodoraChildren'sCharity | 1,000 | 2,000 |
| Tools4Teens | 1,000 | — |
| TurnersHouseTrust | — | 3,000 |
| WessexHeritageTrust | 1,000 | — |
| Whizz-Kidz | 2,500 | — |
| WhitchurchSilkMillTrust | — | 2,000 |
| WinchesterHospiceFundraisingCharity | 3,000 | |
| Total | 134,900 | 127,137 |
| 2021 | 2020 | |
|---|---|---|
£ |
£ |
|
| Grantcommitmentsat6April | 88,950 | |
| Grantspayablefortheyearended5April | 134,900 | 127,137 |
| Totalgrantspayable | 134,900 | 216,087 |
| Less:grantspaidduringtheyear | (134,900) | (216,087) |
| Commitmentsat5April |
| Governancecosts | ||
|---|---|---|
| 2021 | 2020 | |
| Total | Total | |
| funds | funds | |
£ |
£ |
|
| Auditor'sremuneration | 5,333 | 5,280 |
| 2021£ | 2020 | |
|---|---|---|
| Marketvalueat6April | 4,867,878 | 5,523,396 |
| Additionsatcost | 687,696 | 3,531,213 |
| Disposalsatbookvalue(proceeds:£841,235;realisedgains:£126,357) | (714,878) | (3,366,775) |
| Unrealisedinvestment(gains)losses | 1,017,138 | (819,956) |
| Marketvalueat5April | 5,857,834 | 4,867,878 |
| Costoflistedinvestmentsat5April | 5,331,962 | 5,282,518 |
| 2021 | 2020 | |
|---|---|---|
£ |
£ |
|
| Unitisedfunds | 3,005,647 | 2,428,738 |
| UKequities | 1,495,898 | 948,228 |
| Internationalequities | 661,657 | 723,730 |
| Otherlistedinvestments | 389,688 | 381,403 |
| UKproperty | 252,684 | 297,793 |
| UKGovernmentbonds | 52,260 | 87,986 |
| 5,857,834 | 4,867,878 |
| Value | %of | |
|---|---|---|
| 2021 | £ | portfolio |
| SUTLCazenoveCharityResponsibleMulti-AssetFund | 2,775,441 | 47.38 |
| VanguardFTSEUKAllShareIndexFund | 305,993 | 5.22 |
| Value | %of | |
| 2020 | £ | portfolio |
| SUTLCazenoveCharityResponsibleMulti-AssetFund | 2,217,370 | 45.6 |
| VanguardFTSEUKAllShareIndexFund | 372,884 | 7.7 |
| TrojanIncomeFundSClassShares | 279,239 | 5.7 |
| 2021 | 2020 | |
|---|---|---|
| Reconciliationofmovementsinunrealised(losses)gains | £ | £ |
| Unrealised(gains)/lossesat6April | (414,640) | 1,084,847 |
| Less:Inrespectofdisposalsintheyear | (73,366) | (679,531) |
| Less:Netgains/(losses)arisingonrevaluationarisingintheyear | 1,017,138 | (819,956) |
| Totalunrealisedgains/(losses)at5April | 529,132 | (414,640) |
| 8 | Debtors | ||
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| Accruedincome | 2,306 | ||
| 9 | Creditors:amountsfallingduewithinoneyear | ||
| 2021 | 2020 | ||
| £ | £ | ||
| Auditandaccountancy | 5,333 | 5,280 | |
| Managementfees | 4,150 | 28 | |
| Investmentmanagementcosts | 828 | 3,396 | |
| 10,311 | 8,704 |