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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 |