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|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)||
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|||||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|
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||||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|
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||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|
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|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|870|
|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|