| Trustees | LBone (Chairman) | |
|---|---|---|
| CBEvans | ||
| TSJackson | ||
| C S Killick | ||
| RlAKnapman | ||
| MA Lane (Treasurer) | ||
| BVLinklater | ||
| G Tomblin | ||
| K G Chapman M.B.E. | ||
| AldermancJconnor | (Appointed2March20221 | |
| clerk | J Stockdale | |
| Charity number | 307257 | |
| Principaladdress | c/o Queen Mary's College | |
| Cliddesden Road | ||
| Basingstoke | ||
| Hampshire | ||
| RG21 3HF | ||
| lndependent examiner | AlliottsLLP | |
| Friary Coud | ||
| 13-21 HighStreet | ||
| Guildford | ||
| Surrey | ||
| GU13DL | ||
| Bankers | CAF Bank Limited | |
| 25KingsHillAvenue | ||
| West Malling | ||
| Kent | ||
| ME19 4JQ | ||
| lnvestmentadvisor | Beauforl Financial | |
| Middle Barn | ||
| BryantsFarm | ||
| Dunsden | ||
| Reading | ||
| RG4 9PB |
| Page | |
|---|---|
| Trustees'report | 1-3 |
| lndependent examiner's report | 4 |
| Statemenl of financialactivilies | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7-14 |
| Unrestricted Unrestricted | Unrestricted Unrestricted | Total Unrestricled Unreslricted | Total Unrestricled Unreslricted | TotaI | |
|---|---|---|---|---|---|
| funds funds |
funds funds |
||||
| Notes | generalinvestment 2022 2022 t e |
generalinvestment 2022 2021 2021 e€e |
2021 € |
||
| lncomefrom | |||||
| Investmenls | 3 | 47,698 | 47,698 | 70,285 | 70.285 |
| Expenditure on: | |||||
| Raising funds | 4 | 2,692 | 2,692 | 1,648 | 1.648 |
| Charitable activities | 6 | 24,813 | 24,813 | 42,553 | 42,553 |
| Totalexpenditure | 27,505 | 27,505 | 44,20',1 | 44,201 | |
| Netgains/(losses)on investmenls |
10 | 10,37S | 10,379 | 122,681122,681 | |
| Netincoming resources beforelransters |
20,'193 10,379 | 30,572 | 26,084122,681148,765 | ||
| Gross transfers between funds |
(40,440)40.440 | ||||
| Net movement infunds | (20.247150,819 | 30,572 | 26,084122,681148,765 | ||
| Fund balancesat1January 2022 |
91,3081,4'13,32101,504,648 | 65,2241,290,6591,355,883 | |||
| Fund balancesat31 December2022 |
_rylry1',y,":_i1''{,*'51f1 |
| 20?.2 | 2021 | ||||
|---|---|---|---|---|---|
| Notcs | t: | t | e | e | |
| Fixedassels | |||||
| lnvestment properlies | 11 | 400,000 | |||
| lnveslments | 12 | 1,464,159 | 1,013,340 | ||
| 1,464,'159 | 1,413,340 | ||||
| Current assets | |||||
| Cash at bank and in hand | 72,361 | 109,756 | |||
| Creditors:amountsfallingduewithin | |||||
| one year | (1,300) | (18,448) | |||
| Nel currenl assets | 71,061 | gt,308 | |||
| Tolal assets lesscurrent liabilities | 1.535,220 | 1'*fI | |||
| lncomofunds | |||||
| Unrestricted funds | |||||
| Designated funds | 14 | 1,464,'159 | 1,413,340 | ||
| General unrestricted funds | 71,061 | 91,308 | |||
| 1,535,220 | 1,504,ri48 | ||||
| 1,535,220 | 1,504.648 |
| 3 | lnveslmenls | ||
|---|---|---|---|
| Unrestricted | Unrestricled | ||
| funds | funds | ||
| general | general | ||
| 2022 € |
2021t | ||
| Rental income | 7,49n | 36,235 | |
| lncome from listed investmenls | 39,37r | 34.044 | |
| lnlerest receivable | 829 | 6 | |
| Il',j | M | ||
| 4 | Raisingfunds | ||
| Unrestricled | Unreslricted | ||
| funds | funds | ||
| general | general | ||
| 2022 | 2021 | ||
| t | € | ||
| Costs relatingtoinveslmenl management | 2,692 | 1,648 | |
| 2.692 | 1,648 | ||
| 5 | Charitableactivities | ||
| 2022 | 2021 | ||
| € | c | ||
| Grant funding of activities (see nole 6) | 1S,36426,237 | ||
| Share of support costs (see note 7) | 11,838 | ||
| Shareofgovernancecosls(see nole 7) | 5,236 | 4,478 | |
| 24,813 | r't* |
| 2022 | 2021 | |
|---|---|---|
| E | E | |
| Grants to institutions: | ||
| Oueen Mary's College | 7,O48 | 17,731 |
| Queen Mary's College Educational Support Fund | 4,500 | 3,000 |
| 11,548 | 20,731 | |
| Grants to individuals | 7,8'16 | 5,506 |
| 19,364 | 26,237 |
| Support costs | ||||||
|---|---|---|---|---|---|---|
| SupportGovernance costs cosls €e |
2022 e |
SupportGovernance costs costs et |
2021 € |
|||
| Staff costs | 3,842 | 3.842 | 3.224 | 3.224 | ||
| Legal & Professicnal | ||||||
| Fees | 10,098 | 10,098 | ||||
| Sundry | 213 | 213 | 1,740 | 1,740 | ||
| Audit fees | 't,211 | 1,2i1 | 1,050 | 1,050 | ||
| Clerk's expenses | 183 | 183 | 204 | 204 | ||
| 5,236 | 5,449 | 11,838 | 4.478 | 16,316 | ||
| Analysed between Charitable activities |
213 | ifi | 5,449 | 11,838 | 4,478 | 16,316 |
| 2022 | 2021 |
|---|---|
| Number | Number |
| 9 | Employeos | (Conti,ruerl) | |
|---|---|---|---|
| Employmsntcosls | 2n22 | 2021 | |
| c | E | ||
| Wages and salaries | :Y | :? | |
| Therewerehoernployees whose annuat remuneralion was more than e60,000. | |||
| 10 | Nst galns/(lossas)on investments | ||
| Unrestricled | Unrestricted | ||
| lunds | funds | ||
| inveslmenl | investment | ||
| 2022 | 2021 | ||
| f, | e | ||
| Revaluation of investments | (99,181) | 122,681 | |
| Gain/(loss) on sale of inveslmentprooerties | 109,560 | ||
| 10,379122s81 | |||
| 1l | lnvestment property | ||
| 2022 | |||
| € | |||
| Fair value | |||
| Al1 January202? | 400,000 | ||
| Disposals | (.100.000) | ||
| At3'1December 2022 |
| Listed | |
|---|---|
| investments | |
| Costorvaluation | |
| At 31 December 2022 | 1,0'13,340 |
| Additions | 550,000 |
| Valuation changes | (99,181) |
| At 31 December 2022 | '1,464,159 |
| Carryingamount | |
| At 31 December 2022 | 1f1'* |
| At 31 December202'1 | 111'* |
| Creditors: amounls fallingduewithinone year | ||
|---|---|---|
| 2022t | 202'l € |
|
| Other creditors | 1s,000 | |
| Accruals and deferred inconre | 1,300 | 3,448 |
| 1,300 | '18,448 |
| BalanceatRevaluations, lJanuarygalns and 2421 lossos |
BalanceatRevaluations, lJanuarygalns and 2421 lossos |
Balance at lJanuary 2022 TmnstersRevaluations, gains and losses |
Balance at lJanuary 2022 TmnstersRevaluations, gains and losses |
Balance al 31 December |
|
|---|---|---|---|---|---|
| 2022 | |||||
| I | t | t | € | t | |
| lnvestment funds | 1,290,659 | 122,681 | 1,413,340 40,440 | '10,379 |
1,464,159 |
| 1,290,659 | 122,681 | 1,413,340 40,440 | 10,379 | 1,464,159 |
| Analysis ofnetasseisbetweent[nds | |||
|---|---|---|---|
| General | Designated | TotaI | |
| unreclricted | funds | ||
| funds | |||
| e | € | € | |
| Fund balances at 31 December 2022a!erepresentedby: | |||
| lnvestments | '1,464,159 | 1.464,159 | |
| Current assets/(liabilities) | 71,06; 71,06'1 |
rye | 71,061rv |