| Trustees: | Trustees: | ||||||
|---|---|---|---|---|---|---|---|
| Co-opted | Mrs A Heath (Chair) | ||||||
| Mrs E Hodgkin | |||||||
| Mrs I Morrow |
|||||||
| Mrs D Wermann | |||||||
| Mrs SBishop | |||||||
| Mr J Print | |||||||
| Ex-officio | The Rector of Henley —Revd J C Tayler | ||||||
| The Mayor of Henley- Cllr Mrs S Miller (until 13/05/22) |
|||||||
| The Mayor of Henley —Cllr | Mrs M Thomas (from 14/05/22) | ||||||
| Nominative | Mr TArnison | ||||||
| Cllr Ms K Hinton | |||||||
| Mrs C Watkins | |||||||
| Clerk: | Mrs C Gosby | ||||||
| Registered | Office: | 1A Coldharbour Close, Henley-on-Thames, |
RG91QF | ||||
| Bank: | Barclays Bank PLC, 90-93 | Broad Street, Reading RG1 2AP | |||||
| Solicitor: | Gardner Leader LLP, First Floor, 7 Frascati | Way, Maidenhead | SL64UY | ||||
| Investment | Manager: | Mr N McGregor MCSI | |||||
| Redmayne Bentley LLP, 43 Market Place, Henley-on-Thames |
RG9 2AA | ||||||
| Property | Adviser: | Mr0 Quinn | |||||
| Simmons &Sons, 32 Bell Street, Henley-on-Thames, |
RG9 2BH | ||||||
| Independent | Examiner: | MrJ C R I awrence-Archer |
FCA | ||||
| Bruton Charles, The Coach | House, Greys Green Business Centre, | ||||||
| Henley-on-Thames, RG9 94QG |
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| Charity | Number: | 309237 |
| Income | Endowment | Total | |||||
|---|---|---|---|---|---|---|---|
| Note | Fund | Funds | 2023 | 2022 | |||
| E | |||||||
| INCOMING RESOURCES | |||||||
| Rents | 47,849 | 47,849 | 61,000 | ||||
| Dividends and Interest |
2 | 97,666 | 629 | 98,295 | 75,767 | ||
| Reimbursement of property |
insurance | 531 | 531 | 765 | |||
| Total Incoming Resources | 146,046 | 629 | 146,675 | 137,532 | |||
| RESOURCES EXPENDED | |||||||
| Charitable Activities: |
|||||||
| Grants payable in furtherance |
ofobjects | 3 | 120,759 | 800 | 121,559 | 139,561 | |
| Cost ofGenerating Funds: Investment management Property management Property insurance |
22,822 880 |
5,890 | 5,890 22,822 880 |
13,584 9 540 |
|||
| 23,702 | 5,890 | 29,592 | 14,133 | ||||
| Governance costs |
4 | 7271 | 7,271 | 6,400 | |||
| Total Resources Expended | 151,732 | 6,690 | 158,422 | 160,094 | |||
| Net Outgoing Resources |
-5,686 | %,061 | -11,747 | -22,562 | |||
| Net gain (loss) on sale of investments Net gain (loss) on revaluation of investments |
8 8 |
-36,596 -412,853 |
-36,596 -412,853 |
33,650 86,534 |
|||
| Net Movement in Funds |
-5,686 | %55,510 | ~1,196 | 97,622 | |||
| Total funds brought forward |
232,865 | 3,820,527 | 4,053,392 | 3,955,770 | |||
| TOTAL FUNDS CARRIED FORWARD | 9 | 227,179 | 3,365,017 | 3,592,196 | 4,053,392 |
| ANCE COST | S | ||
|---|---|---|---|
| 2023f | 2022f | ||
| Bank charges | |||
| Independent | examiners fee | 1,920 | 1,200 |
| Insurance | 602 | 578 | |
| Oflice sundries | 189 | 302 | |
| Professional | fees —clerk | 4,560 | 4,320 |
| 7,271 | 6,400 |
| S | ||||||
|---|---|---|---|---|---|---|
| 2023f | 2022f | |||||
| Investment manager |
re | investment | income | 2,314 | 2,820 | |
| Interest accrued | 3,245 | 3,494 | ||||
| Property | insurance | paid | in advance | 215 | 180 | |
| Property Insurance |
insurance reimbursed paid in advance |
351 408 |
399 | |||
| 6,533 | 6,893 | |||||
| RS | 2023f | 2022f | ||||
| Independent Examiner's |
fee | 1,500 | 1,200 | |||
| HMRC | 1,302 | 1,302 | ||||
| Grants: | Section 28(3) | 1,029 | 1,700 | |||
| Property | insurance | received | 180 | |||
| Investment property |
costs | 7,147 | ||||
| Investment management |
fee | 1,448 | ||||
| 12,426 | 4,383 |
| All investm | ents were held in t |
he UK | and can b | e analysed as f |
ollows: | ||
|---|---|---|---|---|---|---|---|
| Cash | Investment | UK Listed | 2023 | 2022 | |||
| ~De eeit | Property | Investments | Total | Total | |||
| F | F | ||||||
| Valuation | as 1 April 2022 | 208,539 | 875,000 | 2,886,901 | 3,970,440 | 3,857,179 | |
| Movement | during year: | ||||||
| Interest | 13,299 | 13,299 | 9,415 | ||||
| Invested | 362,545 | 362,545 | 334,115 | ||||
| Withdrawn | -300 | -398,726 | -399,026 | -316,802 | |||
| Net | gain (loss) on revaluation | -412,853 | -412,853 | 86,534 | |||
| 12,999 | -449,034 | -436,034 | 113,251 | ||||
| Valuation | at 31 March 2023 | 221,538 | 875,000 | 2,437,867 | 3,534,405 | 3,970,440 | |
| Equities | 861,531 | 916,243 | |||||
| Fixed interest and Managed | Funds | 947,851 | 1,309,808 | ||||
| 1,809,382 | 2,226,051 |
| 9. MOVEME | NTS ON FUNDS | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2023 | ||||||
| Fund b/fwd |
Incoming | Outgoing | Transfers | Net gain (loss) | Fund c/f | ||
| Resource | resource | on | investments | ||||
| Endowment | Funds | ||||||
| Periam | 3,797,604 | 5,890 | -448,649 | 3,343,065 | |||
| Brakspear | 11,712 | 320 | 500 | -400 | 11,132 | ||
| Mary Clarke | 11,211 | 309 | 300 | -400 | 10,820 | ||
| 3,820,527 | 629 | 6,690 | -449,449 | 3,365,017 | |||
| Unrestricted | Funds | ||||||
| Income | 232,865 | 146,046 | 151,732 | 227,179 | |||
| 4,053,392 | 146,675 | 158,422 | ~9,449 | 3,592,196 | |||
| PRIOR YEAR | |||||||
| Endowment | Funds | ||||||
| Periam | 3,692,707 | 13,584 | 118,481 | 3,796,604 | |||
| Brakspear | 11,067 | 293 | 500 | 851 | 11,712 | ||
| Mary Clarke | 11,316 | 294 | 1,250 | 851 | 11,211 | ||
| 3,715,090 | 587 | 15,334 | 120,183 | 3,820,527 | |||
| Unrestricted | Funds | ||||||
| Income | 240,680 | 136,945 | 144,760 | 232,865 | |||
| 3,955,770 | 137,533 | 160,094 | 120,183 | 4,053,392 |