| The Executive Officers, Trustees, General Committee | members and advisers who were in oi5ceon 31stMay 2023 are listed belo' |
members and advisers who were in oi5ceon 31stMay 2023 are listed belo' |
|---|---|---|
| The Trustees listed were elected orre-elected at the Societv's AGM on 26th November 2022. | ||
| Chairman ofTrustees | ||
| TNI | Colin Barber (K61} | |
| President | ||
| TN | Lizzie Graham (nee Coldwells) (K76&Alb) | |
| Society Secretary | ||
| TNI | Jane Everard (nhe Etherington) {L76&Alb) | |
| Treasurer | ||
| Rob Hall (E69) | ||
| General Committee | ||
| Lawrence Baker (C83) | ||
| Chris Briggs (Staff00-19) | ||
| T | Nick Courtney (M60) | |
| T | James Dahl (L93) | |
| T | Chris Darnell (M65) | |
| Sophie Day (C 11) | ||
| TN | Doug Everard {BF73) | |
| N | Suse Flint-Cahan (n6e Guilbride) (Alb &B93) |
|
| T | Fiona Illingworth (nbe Short) (BF76&Alb) |
|
| C | Donald Macleod {A50) | |
| TI | Catherine MacLeod-Smith | (L &Alb 79) |
| Stephen Miller (LS&L09) | ||
| Charles Richards (LS&Th | 02) | |
| T | Ben Tett (Th 92) | |
| T | Peter Thomas (A75) | |
| TI | ScottWoods {LS&Th 01) |
| Unrestricted | Restricted | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| and | |||||||
| Designated | Total | Total | |||||
| g | |||||||
| Incoming Resources | |||||||
| From Members | |||||||
| Legacies, special donations, | events and gift aid | 42,889 | 42,889 | 15,610 | |||
| Arm in Arm | 209 | 209 | 80,644 | ||||
| Life subscriptions received |
|||||||
| 43,098 | 43,098 | 96,254 | |||||
| Annual subscriptions received |
10,425 | 10,425 | 12,027 | ||||
| 53,523 | 53,523 | 108,281 | |||||
| From Investments | |||||||
| Portfolio income (gross) | 14,889 | 24,166 | 39,055 | 40,593 | |||
| Bank interest (gross) | 421 | 421 | 1 | ||||
| 15,310 | 24,166 | 39,476 | 40,594 | ||||
| Total Incoming Resources | (note 5) | 68,833 | 24,166 | 92,999 | 14&,875 | ||
| Resources Expended | |||||||
| Charitable activities |
|||||||
| Arm in Arm | 60,644 | ||||||
| Restart Lives | 20,000 | ||||||
| Awards and grants paid | 7,924 | 23,065 | 30,989 | 13,632 | |||
| 7,924 | 23 065 | 30,989 | 94/76 | ||||
| Membership services |
|||||||
| Otliccrs and staff(note 3) | 48,733 | 48,733 | 44,974 | ||||
| Publications and website |
1,703 | 1,703 | 1,812 | ||||
| (Profit )Loss on sale ofHaileyburiana | 846 | 846 | (312) | ||||
| Events income less expenses | 1,439 | 1,439 | 6,073 | ||||
| Clubs and promotional activities |
3,808 | 3,808 | 3,878 | ||||
| 56,528 | 56 528 | 56,425 | |||||
| Managing and administering |
the charity: | ||||||
| Officers and staff (note | 3) | 5,733 | 2,867 | 8,600 | 7,937 | ||
| Trustees' remuneration (note 2) |
|||||||
| Trustees' expenses | |||||||
| Premises costs | 13,660 | 13,660 | 13,826 | ||||
| Other administration costs |
6,473 | 6,473 | 5,808 | ||||
| Computer maintenance, |
database and training | 44,520 | 44,520 | 42,131 | |||
| Legal and professional | 1,600 | 1,600 | 2,450 | ||||
| Audit fee | 3,675 | 3,675 | 3,500 | ||||
| 75 661 | 2 867 | 78,528 | 75 652 | ||||
| Other | |||||||
| Investment management |
expense | 14,558 | 14558 | 15689 | |||
| Total Resources Expended | 154,672 | 25,932 | 180,603 | 242,042 | |||
| Net (Ines IProdt on sale | and vale ation ofInvestments | ~29699 | ~48 207 | ~77906 | ~53304 | ||
| Net Movement in Funds |
(115,538) | (49,973) | (165,510) | (146,471) | |||
| Funds brought forward at 1June 2022 | 629,426 | 1,021,580 | 1,651,006 | 1,797,477 | |||
| Funds carried forward at | 31May 2023 | 513,888 | 971,607 | 1,485,496 | 1651,006 |
| Notes | 2023 | 2022f | |||
|---|---|---|---|---|---|
| Fixed Assets | |||||
| Investments | atmarket value | 1,498,407 | 1,640,451 | ||
| Book | value - 2023 | f1,384,949 | |||
| 2022 | f1,398,190 | ||||
| 1,498,407 | 1,640,451 | ||||
| Current Assets | |||||
| Stock ofHaileyburiana | 12,948 | 17,974 | |||
| Debtors and | prepayments | 10,727 | 11,670 | ||
| Bank deposit | accounts | 1,205 | 4,203 | ||
| Bank current | accounts | 7,747 | 43,40& | ||
| 32,627 | 77,255 | ||||
| Creditors: Amounts Falling Arm in Arm Creditors and accruals |
due Within | One Year | {41,315) ~4,223 ~45,530 |
(60,644) ~6,0563 ~66,700 |
|
| Net Current | Liabilities | (12,911) | 10,555 | ||
| Net Assets | 1,465,496 | 1,651,006 | |||
| Funds | (4) | ||||
| Restricted and Designated | 971,607 | 1,021,580 | |||
| Unrestricted | 513,888 | 629,426 | |||
| 1,485,496 | 1,651,006 |
| 2023 | 2022 | |
|---|---|---|
| Cash generated from operations |
||
| Net (Outgoing) Incoming Resources for the Year | ~165,510 | ~146,471 |
| Reconciliation to cash generated from operations: |
||
| Movement in investments (Note 6) |
142,044 | 96,157 |
| Cash inflow due to decrease in stocks ofHaileyburiana | 5,026 | 3,368 |
| Cash inflow due to decrease in debtors | 943 | 132 |
| Cash outflow due to decrease in creditors | (21,162) | 61,209 |
| Movements in working capital |
126,851 | 160,866 |
| Net cash flow from operating activities |
{38,659) | 14/95 |
| Net increase (decrease )in cash | (38,659) | 14,395 |
| Net cash resources at bank at beginning ofyear | 47,611 | 33,216 |
| Net cash at bank at31May 2023 | 8,952 | 47,611 |
| 2023 | 2022 | |
|---|---|---|
| f. | ||
| Bank deposit accounts | 1,205 | 4,203 |
| Bank current accounts | 7,747 | 43,408 |
| At 31 May 2023 | 8,952 | 47,611 |
| 4.Fund Balances | for the | Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Doaatioas | Awards | ||||||||
| At | Capital | and life | Income | Awards | Gain on | At | pledged | ||
| 3182022 | received | subscrlptioa! | surplus | paid | investments | 3182023 | 2023/24 | ||
| (note 5) | |||||||||
| Restricted | |||||||||
| Colin Cobb | 79,025 | 1,647 | (5,000) | (3,729) | 71,943 | ||||
| Roy Dote | 444,062 | 9,258 | (10,001) | (20,954) | 422,366 | ||||
| Fawcett Family | 30,706 | 640 | (1,449) | 29,897 | |||||
| RA Hall | 196,746 | 4,102 | (6,065) | (9,284) | 185,500 | ||||
| Matthews/Ihomas | 33,713 | 706 | (1,591) | 32,828 | |||||
| A SRussell | 87,161 | 1,817 | (2,000) | (4,113) | 82,865 | ||||
| WERussell | 89,147 | 1,859 | (4,207) | 86,799 | |||||
| GRSmith | 34,540 | 720 | (1,630) | 33,630 | |||||
| 995,100 | 20,749 | (23,065) | (46,957) | 945,827 | |||||
| Designated Funds |
|||||||||
| DJCook | 14,507 | 302 | (687) | 14,122 | |||||
| Alastair Macpherson | 4,801 | 101 | (227) | 4,675 | |||||
| Ewen Macphersoa | 2/52 | 47 | (106) | 2,193 | |||||
| Michael Freegard | 4,920 | 102 | (232) | 4,790 | |||||
| 1,021,580 | 21 301 | 23,065 | 48,209) | 971607 | |||||
| Unrestricted Funds |
|||||||||
| Life subscriptions | 486,774 | (121,012) | (22,968) | 342,794 | |||||
| Whatton/General | 87,075 | 43,098 | - | (7,924) | (4,109) | 118,140 | |||
| Norman King |
55,577 | (2,622) | 52,955 | ||||||
| 1,651,006 | 43,098 | 99711 | 30,989) | 77,908 | 1,485496 | ||||
| 5.Calculation of | income | surplus | Income | Membership | Other | Income | |||
| services | expenses | surplus | |||||||
| Colin Cobb | 1,869 | (222) | 1,647 | ||||||
| Roy Dore | 10,504 | (1/46) | 9/58 | ||||||
| Fawcett Family | 726 | (86) | 640 | ||||||
| RA Hall | 4,654 | (552) | 4,102 | ||||||
| Matthews/Thomas | 801 | (95) | 706 | ||||||
| A SRussell | 2,062 | (245) | 1,817 | ||||||
| WERussell | 2,109 | (250) | 1,859 | ||||||
| GRSmith | 817 | (97) | 720 | ||||||
| Portfolio income | «restricted | 23,542 | (2,793) | 20,749 | |||||
| Designated Funds |
|||||||||
| DJCook ~r Macpherson |
343 113 |
(41) (12) |
302 101 |
||||||
| Ewen Macpherson | 53 | (6) | 47 | ||||||
| Michael Freegard | 115 | (13) | 102 | ||||||
| 24,166 | 2,865 | 21,301 | |||||||
| Portfolio income and bank | interest - unrestricted | 15,310 | (56/28) | (90,219) | (131,437) | ||||
| Annual subscriptions |
10,425 | 10,425 | |||||||
| 49,901 | 56,528 | ||||||||
| Legacies aad special donations | 43,098 | ||||||||
| Life subscriptions | received | ||||||||
| Total Incoming Resources | 92999 |
| 6.Net movement ofvaluation o | 6.Net movement ofvaluation o | f | Investments | Market | Cost | Net | |||
|---|---|---|---|---|---|---|---|---|---|
| value | value | movement | |||||||
| f. | |||||||||
| At 31May 2023 | 1,498,407 | (1/84,949) | 113,458 | ||||||
| At 31Msy 2022 | 1,640,451 | (1/98,190) | 242/61 | ||||||
| 142.044 | 13/41 | 128,803 | |||||||
| 7.Investments | Book | Book | Market | Dividends | |||||
| value | Purchases | ProfIt | valne | value | and Interest | ||||
| 3152022 | (Sales) | (Loss) | 3162023 | 3162023 | received | ||||
| 24,000 | A2D Funding Iipic | 4.5% | 24/98 | 24@98 | 24@42 | 1,080 | |||
| 470 | Anglo American | 11,786 | 11,786 | 10,449 | 785 | ||||
| 350 | Astrazeneca Ord |
19,190 | {5,021) | 2,623 | 16,792 | 40,807 | 876 | ||
| 13,786 | Aquila Energy | 13,786 | 13,786 | 9,719 | 483 | ||||
| 4,530 | Baillie Gdford American W3Dis | 49,830 | 49,830 | 47,067 | 360 | ||||
| 2/58 | BABeutel Goodnsm | 2&,390 | 28/90 | 29,192 | 350 | ||||
| 1,400 | Baillie Gifford Japanese W3 Dis | 23,767 | 23,767 | 21,0S6 | |||||
| 19,150 | Blackrcck Fm Ltd | 42,071 | 42,071 | 51,161 | |||||
| i/59 | Blackrock Throgmor Ord GBP0.05 | 11+67 | (17,166) | 9+55 | 3,656 | 7,971 | |||
| 6,000 | Brown Advisory Fds US Sustainable | 73,800 | 73,800 | 87,180 | |||||
| 480 | Bunzl Ord | 15,097 | 15,097 | 15,089 | 83 | ||||
| 292 | Burbary Group | 10,069 | (6,422) | 1,699 | 5@46 | 6/88 | 286 | ||
| 570 | Caus Power Hldgs | Ord | 4,101 | (1,828) | (2473) | ||||
| 54,000 | Charities Prop FdPropaty Fund | 60,051 | 60,051 | 67~1 | 2,584 | ||||
| 27,802 | CCLA Investment | Ma Propaty Inc | 29,000 | (30/71) | 1/71 | 1,981 | |||
| 700 | Compass Group Ord | 7,978 | 7,978 | 15,418 | 221 | ||||
| 247 | Croda lnt | 17,440 | 17,440 | 15,065 | 256 | ||||
| 800 | Diageo Ord GBX2&.935185 | 15,965 | 15@65 | 26,780 | 622 | ||||
| 580 | Expaian Ord USD0.10 | 6,008 | 6,008 | 16,420 | 2S4 | ||||
| 20,150 | Federated Hnns | 11,005 | 19,790 | 30,795 | 27,059 | 128 | |||
| 340 | Findlay Park | 18,081 | {44,833) | 26,752 | |||||
| 12,000 | Franklin Temp | 10,648 | 10,648 | 12,036 | 313 | ||||
| 14,500 | GCP In&astructure | Ord | 18,750 | 18,750 | 12,158 | 1,0]6 | |||
| 750 | Helms Ord | 9,821 | (3,815) | 1,914 | 7P20 | 18,064 | 166 | ||
| 470 | Hargreaves Lanschm Ord |
7,607 | (3,968) | (3,639) | |||||
| 14,394 | HICL Intrastructure | 23,750 | 23,750 | 20,713 | 1,188 | ||||
| 3,900 | HSBC Holdings Pk Ord USD0.50(UKReg) | 24,006 | 24,006 | 23,033 | 1,030 | ||||
| 30,000 | HSBC Holdings Pic5.75%Sub | 37,041 | 37,041 | 29,737 | 1,725 | ||||
| 2,610 | ITM Power Ord | 8,427 | (1,849) | (6/78) | |||||
| 20,000 | INT Public Patrner | Ord | 34,909 | (7,844) | 923 | 27,988 | 27,840 | I+OS | |
| 165 | Intertek Group Ord | GBP0.01 | 5,764 | (6,159) | 395 | 174 | |||
| 182 | Invesco | 18,074 | 5,978 | 24,052 | 27,966 | ||||
| 560 | hhares FTSE500 | Ucits Etf (inc) GBP | 7,145 | (I8@64) | 11,119 | ||||
| 15/10 | hhares IiPicUSD | 69,491 | 69,491 | 68,369 | |||||
| 14,907 | Ishues USD Treasury | 71,492 | (69,746) | (1,746) | 417 | ||||
| 589 | Ishares li Pic Core | 14,849 | 14,849 | 14,338 | 263 | ||||
| 7,926 | Ishares IiPk USD | 41,839 | 41,839 | 38,826 | 477 | ||||
| 40/30 | JM Inv funds | 37,762 | 37,762 | 51,959 | 1,037 | ||||
| 2,330 | Jupiter Gbl | 24,591 | 24,591 | 19,805 | 528 | ||||
| 22,000 | Jupiter Fund Mgrs | 32,65& | (25,311) | (7/47) | 899 | ||||
| 1,710 | JPMorgan EFGS | 54,472 | 54,472 | 56,071 | 127 | ||||
| 22,700 | JPMoqpm Funds | 33,825 | 33,825 | 32,688 | 825 | ||||
| Cerned forward |
897,902 | (34,430) | 34,36& | 897,840 | 972,107 | 22983 |
| F | OR | THE YE | A | RENDED 3 | 1MAY 202 | 3 | |||
|---|---|---|---|---|---|---|---|---|---|
| 7,Investments | (cont) | Book | ' | Book | Market | Dividends | |||
| valse | Parchases | Profit | value | valse | and interest | ||||
| 3162022 f |
(Sales) f, |
(Loss)f | 3182023f | 31$2023 | received | ||||
| Brought forward | 897,902 | (34,430) | 34,368 | 897,840 | 972,107 | 22,983 | |||
| 25,680 | Lazard Inv fds | 27,616 | 27,616 | 28,814 | 92 | ||||
| 3,400 | Lqpl k General Gp Ord | 8,323 | {8,553) | 230 | 636 | ||||
| 4,000 | Londonmetrtc Pmp Ord GBP0.10 |
7.732 | (9,766) | 2,034 | 106 | ||||
| 165 | London Stock Exch. Ord | 12,735 | 12,735 | 14,106 | 176 | ||||
| 65,000 | Mayfair Capital inc Trust for Charities | 66,179 | 66,179 | 51,656 | 2,7S1 | ||||
| 3,960 | Mercantile Investm Ord GBP0.25 |
15,516 | (11,937) | 2,245 | 5,824 | 7,869 | 371 | ||
| 975 | Mondi pic | 18,246 | IS/46 | 12,134 | 600 | ||||
| 27,000 | Nestle Finance 2.25% | 27237 | (26,990) | (247) | 292 | ||||
| 14,842 | Pantheon Infrastructure |
12/69 | 2,498 | 14,867 | 13/43 | 297 | |||
| 2,020 | Polar Cap Tech Tst GBP025 | 17,537 | (11/78) | 8,536 | 14,795 | 15,043 | 21 | ||
| 490 | Polar Capital Fund Global Tedmology GBPI | 22,589 | 22+89 | 3Q,797 | |||||
| 1/00 | Prudential GBP0.05 |
16,982 | 16,982 | 13,731 | 201 | ||||
| 930 | Relx pic GBP0.144 | 10/60 | 10/60 | 23/38 | 476 | ||||
| 600 | Rio Tinto Ord GBP0.10 | 20,092 | 20,092 | 28,691 | 2,440 | ||||
| 838 | SSEpic | 15,068 | 15,068 | 15,761 | 243 | ||||
| 75 | Schroder lnv Mgmt EISFAsian | 27,780 | 27,780 | 29,559 | |||||
| 29/00 | Schro | ka Inv Fd | 15,1Q5 | 15,105 | 15/68 | ||||
| 1,350 | Shaitesbury Ord GBP025 |
9,001 | (5,874) | (3,127) | 64 | ||||
| 2,140 | Shell pic Ord Eum | 16/17 | 16/17 | 18,454 | 718 | ||||
| 480 | Smith kNcphew Ord USD0,20 |
4,577 | (5,510) | 933 | 62 | ||||
| 1,400 | TBAmati | 21,662 | (17,Q24) | (4,638) | 169 | ||||
| 11,425 3,640 |
Templtn Emg Mkt ~eedle {Lix) |
12,911 | (16,669) 32,316 |
3,758 | 32,316 | 31,946 | 320 871 |
||
| 29/90 | The Rennnhles InfOrd |
31,520 | 31/20 | 35,538 | 2,024 | ||||
| 630 | Unilever Plc Ord GBP0.031111 | 19,006 | 19,006 | 25@81 | 695 | ||||
| 21,000 | UK(Gov) 0.375% | 16,812 | 16,812 | 16,096 | 312 | ||||
| 865 | Vanguard Funds pic |
51@98 | (21,0S4) | 9,351 | 39,565 | 55/40 | 1/35 | ||
| 310 | Vontobel Asst Mgmt MTX Sust Asian Leadet | 34,943 | (32,522) | (2,421) | |||||
| 1382,614- | 92/22 | 51,022 | 1/41,414 | 1,454,972 | 39,055 | ||||
| Cash held by | Investcc Capital | 15/76 | 27,959 | 43,535 | 43,435 | ||||
| 1 | 9S,190 | — | 64/63 | 51022 | 1 384949 | 1,498,407 | 39055 |