OpenCharities

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2024-04-05-accounts

Reports
Referenceandadministrativeinformation 1
Trustees'report 2
Independentauditor'sreport 8
Accounts
Statementoffinancialactivities 12
Balancesheet 13
Principalaccountingpolicies 14
Notestotheaccounts 17

Trustees GeorginaNaylerMBE(Chair)
DavidBonham-Carter
ElizaBonham-Carter
JessieGrimond
Principaloffice Chelwood
RectoryRoad
EastCarleton
Norwich
NR148HT
Administrator JennyCannonMVO
Charityregistrationnumber 292839
Auditor BuzzacottLLP
130WoodStreet
London
EC2V6DL
Investmentmanagers CazenoveFundManagementLimited
12Moorgate
London
EC2R6DA
Solicitors Farrer&Co
66Lincoln'sInnFields
London
WC2A3LH
Bankers CAFBankLimited
25KingsHillAvenue
WestMailing
Kent
ME194JQ

9 October 2024

Unrestrictedfunds Unrestrictedfunds
2024 2023
Total Total
funds funds
Notes £
Incomefrom:
Investmentsandinterestreceivable 1 195,368 173,495
Totalincome 195,368 173,495
Expenditureon:
Raisingfunds
.Investmentmanagementcosts 14,995 15,062
Charitableactivities
.Promotingandenhancingcharitablework 2 151,863 189,399
Totalexpenditure 166,858 204,461
Netincome/(expenditure)beforeinvestmentgainsand
losses 28,510 (30,966)
(Losses)/gainsoninvestments 7
.Realised(losses)onlistedinvestments (4,811) (17,527)
.Unrealisedgains/(losses)onlistedinvestments 422,481 (327,836)
Netgains/(losses)onlistedinvestments 417,670 (345,363)
Netincome/(expenditure)andmovementinfunds 446,180 (376,329)
Fundbalancesbroughtforward
at6April 6,192,780 6,569,109
Fundbalancescarriedforward
at5April 6,638,960 6,192,780

Investmentincomeandinterestreceivable
2024 2023
Total Total
funds funds
£ £
Incomefromlistedinvestments
.UKequities 19,010 19,978
Internationalequities 18,634 17,915
.UKproperty 12,474 10,199
.Unitisedfunds 122,557 116,367
.Otherinvestmentholdings 7,008 5,866
179,683 170,325
Interestreceivable
.Bankinterest 4,208
.CazenoveFundManagement 11,477 3,170
15,685 3,170
Total 195,368 173,495

Expenditureonpromotingandenhancingcharit ablework
2024 2023
Total Total
funds funds
£ £
Grantspayabletoinstitutions(note3) 135,850 172,974
Grantandcharityadministrationcosts 8,693 9,225
Governancecosts(note4) 7,320 7,200
151,863 189,399

2024 2023
Recipient
AnnaPlowdenTrust 3,000
AshmoleanMuseum 4,500
AwardsforYoungMusicians 2,000
BaronsCourtProject 5,000
Basingstoke&AltonCardiacRehabilitationCharity 2,000 2,000
BasingstokeandDistrictYoungCarers 2,000
BereavementCounsellingCharity 924
TheBritishMuseum 4,500 4,500
CamdenArtCentre 3,000 3,000
Cancerwise 1,500
CarersUK 3,000
CavellNurses'Trust 3,000
ChurchArmy 5,000
CityandGuildsofLondonArtSchool 3,000 2,000
CitizensAdvice-HartDistrictLtd 3,000
CliftonCollege(fortheEdgarBonham-CarterScholarship) 3,000 3,000
Dentaid 4,000
DisabilityChallengers 2,500 2,900
DisabledSailorsAssociation 2,000
DogAssistanceinDisability 4,000
EdwardBarnsley EducationTrust 2,500
Fareshare—SouthernCentral 5,000
FinalStrawFoundation 1,500
FitzwilliamMuseum 4,500 4,000
FriendsofHampshireCountyYouthOrchestra 2,000 2,500
GetSetGirls 5,000
HammersleyHomes 3,000
HartVoluntaryAction 5,000
HeadroomYoungPeople'sCharity 5,000
HelenArkellDyslexiaCharity 2,000
Home-StartButser 3,500
Home-StartWinchester&Districts 3,600
HoneypotChildren'sCharity 3,000
HopeHousing,TrainingandSupportLtd 5,000
HotLineMealsServices(London) 5,000
InterActStrokeSupport 2,000
IndependentProviderofSpecialEducationAdvice(IPSEA) 2,000
JohnHansardGallery 1,750
Carriedforward 67,850 78,324

Grantspayable(continued)
2024 2023
Recipient £ £
Broughtforward 67,850 78,324
KIDS 2,000 3,185
KingArmsYouthProject 4,000
LawWorks 3,000
ListeningBooks 1,000
MoveMomentum 2,500
TheNationalTrust 10,000 10,000
NationalManuscript'sConservationTrust 2,500
NewForestMencap 2,500
OldVicTheatreTrust2000 3,000 2,000
OliveBranchCounsellingServiceLtd 3,000
OxfordInternationalSongFestival 2,000
Petersfield Museum 3,000
PitzhangerManor&Gallery 2,500
Plantlife 1,500
PolkaTheatre 2,000 2,000
PortsmouthSailTrainingTrust 2,000
PrisonersEducationTrust 4,000 4,000
ProvidenceRow 5,000
QueenElizabethScholarshipTrust(forcraftskill) 2,000
TheRambertDanceCompany 2,000 2,000
React 2,500
RoyalAcademySchools 4,500 4,500
SecondChance 2,000
StBarbeMuseum&ArtGallery 2,000
StJosephBanksArchiveProject 500
SHINE—SpinaBifidaHydrocephalus 1,000
SocietyfortheProtectionofAncientBuildings 2,000
StMungo's 5,000
StepbyStepPartnershipLtd 4,000
SupportThroughCourt 4,000
TallShipsYouthTrust 3,000
TheTate 4,500 4,500
TheodoraChildren'sCharity 2,000
Turner'sHouseTrust 3,000
VineCentre 5,000
Carriedforward 125,850 157,009

Grantspayable(continued)
2024 2023
Recipient £ £
Broughtforward 125,850 157,009
WacArts 3,000
WinchesterBeacon 4,000
WinchesterChamberMusicFestivalTrust 3,000 5,000
WinchesterHospiceFundraisingCharity 2,500
WinchesterStreetReach 1,500
WinchesterYouthCounselling 4,000
Young&Inspired 1,000
YouthOptions 1,965
Total 135,850 172,974
2024 2023
£ £
Grantcommitmentsat6April 4,500 10,000
Grantspayablefortheyearended5April 135,850 172,974
Totalgrantspayable 140,350 182,974
Less:grantspaidduringtheyear (135,850) (178,474)
Commitmentsat5April 4,500 4,500

2024 2023
Total Total
funds funds
£ £
Auditor's remuneration
- Currentyear 7,920 7,200
- Prioryear(overprovision) (600)
7,320 7,200

2024 2023
£ £
Marketvalueat6April 5,900,581 6,318,082
Additionsatcost 676,838 742,840
Disposalsatbookvalue(proceeds£580,127;realisedloss£5,587) (585,714) (832,505)
Unrealisedinvestmentgains/(losses) 422,481 (327,836)
Marketvalueat5April 6,414,186 5,900,581
Costoflistedinvestmentsat5April 5,543,142 5,469,852
2024 2023
£ £
Unitisedfunds 3,153,652 2,997,759
UKequities 636,377 684,524
Internationalequities 1,778,173 1,330,339
Otherlistedinvestments 409,134 433,799
UKproperty 201,156 215,093
UKGovernmentbonds 235,694 239,067
6,414,186 5,900,581

Value %of
2024 £ portfolio
SUTLCazenoveCharityResponsibleMulti-AssetFund 2,895,800 45.15
VanguardFTSEAll-WorldUCITSETF 362,355 3.65
VanguardS+P500UCITSETF 465,122 7.25
Value %of
2023 £ portfolio
SUTLCazenoveCharityResponsibleMulti-AssetFund 2,745,609 46.34
VanguardFTSEAll-WorldUCITSETF 305,324 5.17
2024 2023
Reconciliationofmovementsinunrealisedgains £ £
Unrealisedgainsat6April 430,729 821,631
Less:Inrespectofdisposalsintheyear 18,609 (63,066)
Less:Netgains/(losses)onrevaluationarisingintheyear 422,481 (327,836)
Totalunrealisedgainsat5April 871,819 430,729

2024 2023
£ £
Auditandaccountancy 7,920 7,200
Investmentmanagementcosts 3,689 3,549
Grantcreditors 4,500 4,500
16,109 15,249