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|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||
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||Page|
|---|---|
|Trustees'report|1-3|
|lndependent examiner's report|4|
|Statemenl of financialactivilies|5|
|Balance sheet|6|
|Notes to the financial statements|7-14|
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||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||||
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|||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|
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|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*|
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||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|
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|2022|2021|
|---|---|
|Number|Number|
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|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|||
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||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'*|
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|Creditors: amounls fallingduewithinone year|||
|---|---|---|
||2022t|202'l
€|
|Other creditors||1s,000|
|Accruals and deferred inconre|1,300|3,448|
||1,300|'18,448|
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||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|
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|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|
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