| 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 |