2023-04-05-accounts - The G D Herbert Charitable Trust

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	Page
Report of the Trustees	1 to 2
Independent Examiner's Report	3
Statement of Financial Activities	4
Balance Sheet	5
Notes to the Financial Statements	6 to 11

		2023	2022
		Unrestricted	Total
		fund	funds
	Notes	£	£
INCOME AND ENDOWMENTS FROM
Investment income	2	63,481	53,076
EXPENDITURE ON
Raising funds	3	12,276	14,027
Charitable activities
Grants		99,638	99,765
Total		111,914	113,792
Net gains/(losses) on investments		(157,233)	186,364
NET INCOME/(EXPENDITURE)		(205,666)	125,648
RECONCILIATION OF FUNDS
Total funds brought forward		2,820,321	2,694,673
TOTAL FUNDS CARRIED FORWARD		2,614,655	2,820,321

	G D Herbert Charitable Trust
	Balance Sheet
	5 April 2023
		2023	2022
		Unrestricted	Total
		fund	funds
	Notes
FIXED ASSETS
Investments	8	2,559,727	2,774,600
CURRENT ASSETS
Cash at bank		60,004	51,347
CREDITORS
Amounts falling due within one year	9	(5,076)	(5,626)
NET CURRENT ASSETS		54,928	45,721
TOTAL ASSETS LESS CURRENT	LIABILITIES	2,614,655	2,820,321
NET ASSETS		2,614,655	2,820,321
FUNDS	10
Unrestricted funds		2,614,655	2,820,321
TOTAL FUNDS		2,614,655	2,820,321

2.	INVESTMENT INCOME
			2023	2022
			£	£
	Dividends received		63,162	53,075
	Interest		319	1
			63,481	53,076
3.	RAISING FUNDS
	Investment management costs
			2023	2022
			£	£
	Portfolio management		12,276	14,027
4.	GRANTS PAYABLE
			2023	2022
	Grants		90,400	90,300
	All grants are paid to institutions.
5.	SUPPORT COSTS
			Governance
		Management	costs	Totals
		£	£	£
	Grants	7,500	1,738	9,238
	Support costs, included in the above, are as follows:
			2023	2022
				Total
			Grants	activities
			£	£
	Administration fees		7,500	7,825
	Independent examination		1,118	1,090
	Accountancy		620	550
			9,238	9,465

		Unrestricted
		fund
	INCOME AND ENDOWMENTS FROM
	Investment income	53,076
	EXPENDITURE ON
	Raising funds	14,027
	Charitable activities
	Grants	99,765
	Total	113,792
	Net gains on investments	186,364
	NET INCOME	125,648
	RECONCILIATION OF FUNDS
	Total funds brought forward	2,694,673
	TOTAL FUNDS CARRIED FORWARD	2,820,321
8.	FIXED ASSET INVESTMENTS
		Listed
		investments
	MARKET VALUE
	At 6 April 2022	2,774,600
	Additions	52,072
	Disposals	(109,712)
	Revaluations	(157,233)
	At 5 April 2023	2,559,727
	NET BOOK VALUE
	At 5 April 2023	2,559,727
	At 5 April 2022	2,774,600
	Analysis of investments:
	Investment assets in the UK	711,461
	Investment assets outside the UK	1,848,266
		2,559,727

		2023	2022
		£	£
Other creditors		5,076	5,626
MOVEMENT IN FUNDS
		Net
		movement	At
	At 6.4.22	in funds	5.4.23
	£	£	£
Unrestricted funds
General fund	2,820,321	(205,666)	2,614,655
TOTAL FUNDS	2,820,321	(205,666)	2,614,655

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General fund	63,481	(111,914)	(157,233)	(205,666)
TOTAL FUNDS	63,481	(111,914)	(157,233)	(205,666)

Comparatives for movement in funds
		Net
		movement	At
	At 6.4.21	in funds	5.4.22
	£	£	£
Unrestricted funds
General fund	2,694,673	125,648	2,820,321
TOTAL FUNDS	2,694,673	125,648	2,820,321

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General fund	53,076	(113,792)	186,364	125,648
TOTAL FUNDS	53,076	(113,792)	186,364	125,648

Regular Donations:	£
UK Youth	3,300
Catch 22	3,300
Canterbury Oast Trust	3,300
The Outward Bound Trust	3,300
Disability Rights UK	3,300
Friends of the Elderly	3,300
Lambourne End Ltd	3,300
Marie Curie Cancer Care	3,300
NSPCC	3,300
PDSA	3,300
Queen Elizabeth's Foundation for Disabled People (QEF)	3,300
Richmond Fellowship	3,300
Royal College of Surgeons of England (RCS)	3,300
Royal Hospital for Neuro-Disability	3,300
Shelter	3,300
St Christopher's Fellowship	3,300
St Christopher's Hospice	3,300
The National Trust	3,300
The Abbeyfield Society	3,300
The Prostate Cancer Charity	3,300
The Woodland Trust	3,300
Ogbourne St George PCC	900
Wiltshire Wildlife Trust	900
Campaign to Protect Rural England	900
Tavistock Centre for Couple Relationships (TCCR)	900
		£72,900
Special Donations:
Red Cross (Ukraine Crisis Appeal)	5,000
City Harvest	2,500
Campaign Against Living Miserably (CALM)	2,500
Hearing Dogs for Deaf People	2,500
On Course Foundation	2,500
Wiltshire Air Ambulance	2,500
		f17,500
		£90.400

	Page
Report of the Trustees	1 to 2
Independent Examiners Report	3
Statement of Financial Activities	4
Balance Sheet	5
Notes to the Financial Statements	6 to 11

		2023	2022
		Unrestricted	Total
		fund	funds
	Notes	£	£
INCOME AND ENDOWMENTS FROM
Investment income	2	63,481	53,076
EXPENDITURE ON
Raising funds	3	12,276	14,027
Charitable activities
Grants		99,638	99,765
Total		111,914	113,792
Net gains/(losses) on investments		(157,233)	186,364
NET INCOME/(EXPENDITURE)		(205,666)	125,648
RECONCILIATION OF FUNDS
Total funds brought forward		2,820,321	2,694,673
TOTAL FUNDS CARRIED FORWARD		2,614,655	2,820,321

	G D Herbert Charitable Trust
	Balance Sheet
	5 April 2023
		2023	2022
		Unrestricted	Total
		fund	funds
	Notes	£	£
FIXED ASSETS
Investments	8	2,559,727	2,774,600
CURRENT ASSETS
Cash at bank		60,004	51,347
CREDITORS
Amounts falling due within one year	9	(5,076)	(5,626)
NET CURRENT ASSETS		54,928	45,721
TOTAL ASSETS LESS CURRENT	LIABILITIES	2,614,655	2,820,321
NET ASSETS		2,614,655	2,820,321
FUNDS	10
Unrestricted funds		2,614,655	2,820,321
TOTAL FUNDS		2,614,655	2,820,321

		Notes to the Financial Statements - continued
		for the Year Ended 5 April 2023
2.	INVESTMENT INCOME
			2023	2022
			£	£
	Dividends received		63,162	53,075
	Interest		319	1
			63,481	53,076
3.	RAISING FUNDS
	Investment management costs
			2023	2022
			£	£
	Portfolio management		12,276	14,027
4.	GRANTS PAYABLE
			2023	2022
			£	£
	Grants		90,400	90,300
	All grants are paid to institutions.
5.	SUPPORT COSTS
			Governance
		Management	costs	Totals
		£	£	£
	Grants	7,500	1,738	9,238
	Support costs, included in the above, are as follows:
			2023	2022
				Total
			Grants	activities
			£	£
	Administration fees		7,500	7,825
	Independent examination		1,118	1,090
	Accountancy		620	550
			9,238	9,465

	Unrestricted
	fund
INCOME AND ENDOWMENTS FROM
Investment income	53,076
EXPENDITURE ON
Raising funds	14,027
Charitable activities
Grants	99,765
Total	113,792
Net gains on investments	186,364
NET INCOME	125,648
RECONCILIATION OF FUNDS
Total funds brought forward	2,694,673
TOTAL FUNDS CARRIED FORWARD	2,820,321
FIXED ASSET INVESTMENTS
	Listed
	investments
MARKET VALUE
At 6 April 2022	2,774,600
Additions	52,072
Disposals	(109,712)
Revaluations	(157,233)
At 5 April 2023	2,559,727
NET BOOK VALUE
At 5 April 2023	2,559,727
At 5 April 2022	2,774,600
Analysis of investments:
Investment assets in the UK	711,461
Investment assets outside the UK	1,848,266
	2,559,727

		2023	2022
Other creditors		5,076	5,626
MOVEMENT IN FUNDS
		Net
		movement	At
	At 6.4.22	in funds	5.4.23
	£	£	£
Unrestricted funds
General fund	2,820,321	(205,666)	2,614,655
TOTAL FUNDS	2,820,321	(205,666)	2,614,655

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General fund	63,481	(111,914)	(157,233)	(205,666)
TOTAL FUNDS	63,481	(111,914)	(157,233)	(205,666)

		Net
		movement	At
	At 6.4.21	in funds	5.4.22
	£	£	£
Unrestricted funds
General fund	2,694,673	125,648	2,820,321
TOTAL FUNDS	2,694,673	125,648	2,820,321

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General fund	53,076	(113,792)	186,364	125,648
TOTAL FUNDS	53,076	(113,792)	186,364	125,648

Regular Donations:	£
UK Youth	3,300
Catch 22	3,300
Canterbury Oast Trust	3,300
The Outward Bound Trust	3,300
Disability Rights UK	3,300
Friends of the Elderly	3,300
Lambourne End Ltd	3,300
Marie Curie Cancer Care	3,300
NSPCC	3,300
PDSA	3,300
Queen Elizabeth's Foundation for Disabled People (QEF)	3,300
Richmond Fellowship	3,300
Royal College of Surgeons of England (RCS)	3,300
Royal Hospital for Neuro-Disability	3,300
Shelter	3,300
St Christopher's Fellowship	3,300
St Christopher's Hospice	3,300
The National Trust	3,300
The Abbeyfield Society	3,300
The Prostate Cancer Charity	3,300
The Woodland Trust	3,300
Ogbourne St George PCC	900
Wiltshire Wildlife Trust	900
Campaign to Protect Rural England	900
Tavistock Centre for Couple Relationships (TCCR)	900
		£72,900
Special Donations:
Red Cross (Ukraine Crisis Appeal)	5,000
City Harvest	2,500
Campaign Against Living Miserably (CALM)	2,500
Hearing Dogs for Deaf People	2,500
On Course Foundation	2,500
Wiltshire Air Ambulance	2,500
		£17,500
		£90.400