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2022-04-05-accounts
| Reports |
|
| Referenceandadministrativeinformation |
1 |
| Trustees'report |
2 |
| Independentauditor'sreport |
8 |
| Accounts |
|
| Statementoffinancialactivities |
12 |
| Balancesheet |
13 |
| Principalaccountingpolicies |
14 |
| Notestotheaccounts |
17 |
| Trustees |
GeorginaNaylerMBE(Chair) |
|
SirMatthewFarrerGCVO |
|
DavidBonham-Carter |
|
ElizaBonham-Carter |
|
JessieGrimond |
| Principaloffice |
Chelwood |
|
RectoryRoad |
|
EastCarleton |
|
Norwich |
|
NR148HT |
| Administrator |
JennyCannonMVO |
| 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 |
|
|
2022 |
2021 |
|
|
Total |
Total |
|
|
funds |
funds |
|
Notes |
£ |
£ |
| Incomefrom: |
|
|
|
| Investmentsandinterestreceivable |
1 |
164,421 |
159,788 |
| Totalincome |
|
164,421 |
159,788 |
| Expenditureon: |
|
|
|
| Raisingfunds |
|
|
|
| .Investmentmanagementcosts |
|
18,393 |
11,314 |
| Charitableactivities |
|
|
|
| .Promotingandenhancingcharitablework |
2 |
139,673 |
148,588 |
| Totalexpenditure |
|
158,066 |
159,902 |
| Netincome/(expenditure)beforeinvestmentgainsand |
|
|
|
| losses |
|
6,355 |
(114) |
| Gains(losses)oninvestments |
7 |
|
|
| .Realised(losses)gainsonlistedinvestments |
|
(2,329) |
126,357 |
| .Unrealisedgainsonlistedinvestments |
|
375,702 |
1,017,138 |
| Netgainsonlistedinvestments |
|
373,373 |
1,143,495 |
| Netincomeandmovementinfunds |
|
379,728 |
1,143,381 |
| Fundbalancesbroughtforward |
|
|
|
| at6April |
|
6,189,381 |
5,046,000 |
| Fundbalancescarriedforward |
|
|
|
| at5April |
|
6,569,109 |
6,189,381 |
|
|
2022 |
2022 |
2021 |
2021 |
|
Notes |
£ |
£ |
£ |
£ |
| Fixedassets |
|
|
|
|
|
| Listedinvestments |
7 |
|
6,318,082 |
|
5,857,834 |
| Currentassets |
|
|
|
|
|
| Cashatbank |
|
202,684 |
|
177,938 |
|
| Cashheldbyinvestmentmanagers |
|
67,630 |
|
163,920 |
|
|
|
270,314 |
|
341,858 |
|
| Creditors:amountsfallingdue |
|
|
|
|
|
| withinoneyear |
8 |
(19,287) |
|
(10,311) |
|
| Netcurrentassets |
|
|
251,027 |
|
331,547 |
| Totalnetassets |
|
|
6,569,109 |
|
6,189,381 |
| Thefundsofthecharity: |
|
|
|
|
|
| Incomefunds |
|
|
|
|
|
| .Unrestrictedfunds |
|
|
6,569,109 |
|
6,189,381 |
| Investmentincomeandinterestreceivable |
|
|
|
2022 |
2021 |
|
Total |
Total |
|
funds |
funds |
|
£ |
£ |
| Incomefromlistedinvestments |
|
|
| .UKequities |
26,336 |
29,407 |
| .Internationalequities |
7,776 |
6,940 |
| .UKGovernmentbonds |
303 |
743 |
| .UKproperty |
9,961 |
9,704 |
| .Unitisedfunds |
111,389 |
106,003 |
| .Otherinvestmentholdings |
8,634 |
7,077 |
|
164,399 |
159,728 |
| Interestreceivable |
|
|
| .Bankinterest |
22 |
59 |
| .CazenoveFundManagement |
|
1 |
|
22 |
60 |
| Total |
164,421 |
159,788 |
|
2022 |
2021 |
|
Total |
Total |
|
funds |
funds |
|
£ |
£ |
| Grantspayabletoinstitutions(note3) |
125,782 |
134,900 |
| Grantandcharityadministrationcosts |
8,263 |
8,355 |
| Governancecosts(note4) |
5,628 |
5,333 |
|
139,673 |
148,588 |
|
2022 |
2021 |
| Recipient |
£ |
£ |
| Abby'sHeroes |
— |
1,500 |
| AnnaPlowdenTrust |
— |
3,000 |
| ArmonicoConsortLimited |
— |
1,500 |
| AshmoleanMuseum |
4,500 |
4,500 |
| BasrahMuseum |
— |
4,000 |
| BaronsCourtProject |
3,000 |
— |
| BirminghamRoyalBallet |
1,000 |
— |
| BrendoncareClubs |
3,000 |
— |
| TheBritishInstituteofAnkara |
— |
5,000 |
| TheBritishInstituteofFlorence |
— |
— |
| TheBritishMuseum |
6,000 |
4,500 |
| CamdenArtCentre |
3,000 |
|
| Challengers |
1,830 |
|
| ChangingFaces |
2,000 |
— |
| TheCharityofElizabethJane |
— |
2,000 |
| ChurchArmy |
— |
2,500 |
| CityandGuildsofLondonArtSchool |
2,000 |
2,000 |
| CliftonCollege(fortheEdgarBonham-CarterScholarship) |
3,000 |
3,000 |
| TheCountryTrust |
— |
— |
| Dressability |
— |
— |
| EdwardBarnsleyEducationTrust |
2,500 |
|
| ElizabethFinnCare—Turn2u's |
— |
3,000 |
| ElizabethFoundation |
2,040 |
— |
| EnglishTouringOpera |
2,000 |
— |
| EnhamTrust |
- |
2,000 |
| Fareshare—SouthernCentral |
— |
5,000 |
| FitzwilliamMuseum |
4,000 |
4,000 |
| FramlinghamareaYouthActionPartnership(FAYAP) |
— |
1,000 |
| FriendsofLeightonHouse |
— |
1,400 |
| FriendsofHampshireCountyYouthOrchestra |
2,000 |
2,000 |
| FutureTalent |
— |
2,500 |
| GrayshottConcerts |
3,000 |
— |
| TheGuildhallTrust |
— |
|
| HampshireandIsleofWightAirAmbulance |
— |
1,000 |
| HelenArkellDyslexiaCharity |
— |
1,000 |
| Home-StartHampshire |
3,000 |
— |
| HoneypotChildren'sCharity |
— |
2,000 |
| HopeHousing,TrainingandSupportLtd |
1,500 |
— |
| HotLineMealsServices(London) |
3,000 |
5,000 |
| Hourglass(ActiononElderAbuse) |
— |
500 |
| IndependentProviderofSpecialEducationAdvice(IPSEA) |
2,000 |
— |
| Carriedforward |
54,370 |
63,900 |
| 3 |
Grantspayable(continued) |
|
|
|
|
2022 |
2021 |
|
Recipient |
£ |
£ |
|
Broughtforward |
54,370 |
63,900 |
|
TheJessieMayTrust |
|
— |
|
Kidscape |
— |
2,000 |
|
ListeningBooks |
1,500 |
— |
|
LyricTheatreHammersmith |
2,532 |
— |
|
MineheadMuseum |
— |
1,000 |
|
MotorNeuroneDiseaseAssociation |
— |
2,000 |
|
MultipleSclerosis(MS)Trust |
1,260 |
— |
|
TheNationalTrust |
10,000 |
10,000 |
|
NationalManuscript'sConservationTrust |
- |
3,000 |
|
NewForestMencap |
3,000 |
— |
|
OfftheRecord—SouthEast |
- |
3,000 |
|
OutsideEdgeTheatreCompany |
3,500 |
— |
|
OxfordLieder |
1,000 |
— |
|
PimlicoOpera |
— |
3,000 |
|
PolkaTheatre |
2,000 |
2,000 |
|
PortsmouthSailTrainingTrust |
3,220 |
— |
|
PrisonersEducationTrust |
4,000 |
4,000 |
|
ProvidenceRow |
4,000 |
— |
|
QuayTheatreatSudbury |
— |
1,000 |
|
QueenElizabethScholarshipTrust(forcraftskill) |
- |
2,000 |
|
RainbowCentre |
1,000 |
1,500 |
|
TheRambertDanceCompany |
2,000 |
2,000 |
|
React |
2,500 |
2,500 |
|
ReadforGood |
1,500 |
— |
|
Re-engage(formerlyContacttheElderly) |
2,000 |
— |
|
RoyalAcademySchools |
4,500 |
4,500 |
|
SAVEMETRUST |
- |
1,000 |
|
SCRATCH—FightingLocalPoverty |
— |
3,000 |
|
SouthamptonHospitalsCharity |
— |
2,500 |
|
StMichael'sHospiceNorthHampshire |
1,300 |
|
|
StMungo's |
3,000 |
3,000 |
|
Soundabout |
— |
|
|
SpringandArtsHeritageCentre |
|
|
|
Carriedforward |
108,182 |
116,900 |
| Grantspayable(continued) |
|
|
|
2022 |
2021 |
| Recipient |
£ |
£ |
| Broughtforward |
108,182 |
116,900 |
| StraightTalkingPeerEducation |
- |
1,000 |
| SuffolkBuildingPreservationProject |
- |
2,000 |
| SupportThroughCourt |
3,000 |
2,000 |
| TheTate |
4,500 |
4,500 |
| TheodoraChildren'sCharity |
- |
1,000 |
| Tools4Teens |
- |
1,000 |
| VineCentre |
3,000 |
- |
| WessexHeritageTrust |
- |
1,000 |
| Whizz-Kidz |
- |
2,500 |
| WinchesterHospiceFundraisingCharity |
2,000 |
3,000 |
| WinchesterStreetReach |
2,100 |
- |
| YPICounselling |
3,000 |
|
| Total |
125,782 |
134,900 |
|
2022 |
2021 |
|
£ |
£ |
| Grantcommitmentsat6April |
|
|
| Grantspayablefortheyearended5April |
125,782 |
134,900 |
| Totalgrantspayable |
125,782 |
134,900 |
| Less:grantspaidduringtheyear |
(115,782) |
(134,900) |
| Commitmentsat5April |
10,000 |
|
| Governancecosts |
|
|
|
2022 |
2021 |
|
Total |
Total |
|
funds |
funds |
|
£ |
£ |
| Auditor'sremuneration |
5,628 |
5,333 |
|
2022 |
2021 |
|
£ |
£ |
| Marketvalueat6April |
5,857,834 |
4,867,878 |
| Additionsatcost |
1,319,528 |
687,696 |
| Disposalsatbookvalue(proceeds:£1,232,653;realisedloss:£2,329) |
(1,234,982) |
(714,878) |
| Unrealisedinvestment(gains)losses |
375,702 |
1,017,138 |
| Marketvalueat5April |
6,318,082 |
5,857,834 |
| Costoflistedinvestmentsat5April |
5,496,451 |
5,331,962 |
|
2022 |
2021 |
|
£ |
£ |
| Unitisedfunds |
3,187,357 |
3,005,647 |
| UKequities |
929,423 |
1,495,898 |
| Internationalequities |
1,347,230 |
661,657 |
| Otherlistedinvestments |
472,803 |
389,688 |
| UKproperty |
254,389 |
252,684 |
| UKGovernmentbonds |
126,880 |
52,260 |
|
6,318,082 |
5,857,834 |
|
Value |
%of |
| 2022 |
£ |
portfolio |
| SUTLCazenoveCharityResponsibleMulti-AssetFund |
2,927,690 |
46.34 |
|
Value |
%of |
| 2021 |
£ |
portfolio |
| SUTLCazenoveCharityResponsibleMulti-AssetFund |
2,775,441 |
47.38 |
| VanguardFTSEUKAllShareIndexFund |
305,993 |
5.22 |
|
2022 |
2021 |
| Reconciliationofmovementsinunrealisedgains |
£ |
£ |
| Unrealisedgains/(losses)at6April |
529,132 |
(414,640) |
| Less:Inrespectofdisposalsintheyear |
(83,203) |
(73,366) |
| Less:Netgainsonrevaluationarisingintheyear |
375,702 |
1,017,138 |
| Totalunrealisedgainsat5April |
821,631 |
529,132 |
|
2022 |
2021 |
|
£ |
£ |
| Auditandaccountancy |
5,628 |
5,333 |
| Managementfees |
- |
4,150 |
| Investmentmanagementcosts |
3,659 |
828 |
| Grantcreditors |
10,000 |
- |
|
19,287 |
10,311 |