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2021-04-05-accounts
| 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 |