| Page | |
|---|---|
| Company Information |
|
| Report ofthe Council of Management | |
| Report ofthe President | |
| Report of the Independent Examiner |
|
| Statement of Financial Activities |
|
| Balance Sheet | |
| Notes to the Financial Statements |
| Unrestricted | Endowment | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | ||||
| Notes | f. | f | F | 8 | |||
| INCOME | |||||||
| Income from quoted investments |
200,251 | 10 | 200,261 | 110,552 | |||
| Income COIF Charity Deposit Fund | 3 | ||||||
| TOTAL INCOME | 200,251 | 10 | 200,261 | 110,555 | |||
| EXPENDITURE | |||||||
| Charitable activities: |
|||||||
| Grants paid | 113,969 | 113,969 | 136,480 | ||||
| Management / administrative expenses |
34,324 | 34,324 | 37,312 | ||||
| TOTAL EXPENDITURE | 148,293 | 148,293 | 173,792 | ||||
| NET INCOME/(EXPENDITURE) | |||||||
| FOR THE YEAR BEFORETRANSFERS | 51,958 | 10 | 51,968 | 63,237 | |||
| TRANSFERS BETWEEN FUNDS | |||||||
| NET INCOMING RESOURCES/(RESOURCES |
EXPENDED) | ||||||
| BEFORE REVALUATIONS AND |
|||||||
| INVESTMENT ASSET DISPOSALS | 51,958 | 10 | 51,968 | 63,237 | |||
| OTHER RECOGNISED GAINS/(LOSSES) | ON | ||||||
| INVESTMENT ASSETS | |||||||
| Unit Trust Equalisation | 7,960 | ||||||
| Realised (net) | 541,909 | ||||||
| Unrealised | 374,631 | 374,631 | 63,596 | ||||
| 374,631 | 374,631 | 613,465 | |||||
| NET MOVEMENT IN FUNDS |
51,958 | (374,621) | (322,663) | 550,228 | |||
| RECONCILIATION OF FUNDS |
|||||||
| TOTAL FUNDS BROUGHT FORWARD | 111,379 | 5,044,235 | 5,155,614 | 4,605,386 | |||
| TOTAL FUNDS CARRIED FORWARD | f163337 | f4 669 | 614 | f4 832 951 | 65 155614 |
| Unrestricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||
| Notes | ||||||
| FIXEDASSETS: | ||||||
| Investments | 4,669,614 | 4,669,614 | 5,044,235 | |||
| CURRENT ASSETS: | ||||||
| Debtors | ||||||
| Cash at bank | 168,904 | 168,904 | 117,686 | |||
| 168,904 | 168,904 | 117,686 | ||||
| CREDITORS: | ||||||
| Amounts falling due within one year |
10 | 5567 | 5,567 | 6,307 | ||
| NET CURRENT ASSETS | 163,337 | 163,337 | 111,379 | |||
| TOTAL NET | ASSETS | 163337 | 4669614 | 4 832951 | 5 155614 | |
| FUNDS OF THE CHARITY | ||||||
| Endowment | Fund | 12 | 4,669,614 | 4,669,614 | 5,044,235 | |
| Unrestricted | fund | 12 | 163,337 | 163,337 | 111,379 | |
| 163337 | 4,669614 | 4,832,951 | 5,155,614 |
| Notes to the Financial Statements for the year ended 30September 2022 2.CAPITAL GUARANTEED |
Notes to the Financial Statements for the year ended 30September 2022 2.CAPITAL GUARANTEED |
Notes to the Financial Statements for the year ended 30September 2022 2.CAPITAL GUARANTEED |
Notes to the Financial Statements for the year ended 30September 2022 2.CAPITAL GUARANTEED |
Notes to the Financial Statements for the year ended 30September 2022 2.CAPITAL GUARANTEED |
Notes to the Financial Statements for the year ended 30September 2022 2.CAPITAL GUARANTEED |
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|---|---|---|---|---|---|---|---|---|---|
| Each ofthe Foundation's trustees undertakes to contribute |
to | the assets ofthe | |||||||
| Foundation, in the event ofthe Foundation |
being | wound | up, such sum | as may be required | |||||
| not exceeding EL | |||||||||
| 3. GRANTS PAID |
|||||||||
| Postgraduate Scholarships |
|||||||||
| Dimitra Aggelopoulou - University of Nottingham |
|||||||||
| Understanding the role of photoprotection |
in disease resistance | to | |||||||
| Septoria tritici blotch in wheat |
|||||||||
| Sean Brierley - Salford University | |||||||||
| Novel tools for exploring the epidemiology |
oftick-borne | infections of | |||||||
| livestock in the UK |
|||||||||
| Sarah Shepperd - Reading University |
|||||||||
| Soil chemistry and soil meso/mircrobiota |
diversity | under | diverse | forage | |||||
| mixtures | |||||||||
| Laura Sapelli —University of Herts |
|||||||||
| Understanding host resistance to improve |
control | of light leaf spot on | |||||||
| winter oilseed rape in the UK |
|||||||||
| Rebecca Hoyle - Liverpool University |
|||||||||
| Co-infection and integrated control of liver |
fluke and | rumen | fluke | ||||||
| Adam Peter - Reading University |
|||||||||
| Apples in a Warmer World. Understanding |
potential | effects | ofclimate | ||||||
| change on fruit production to mitigate impacts for |
food and | nutritional | |||||||
| security | |||||||||
| Jenna Shaw - Harper Adams University |
|||||||||
| Investigating the chemical ecology of aphid hyperparasitoids |
|||||||||
| Alex Milliken —Essex University |
|||||||||
| Natural variation in pea photosynthesis and water |
use efficiency | ||||||||
| Evren Bingol —University of Herts |
|||||||||
| Understanding interactions between Leptosphaeria |
maculans | and L. | |||||||
| biglobosa for improving control of phoma |
stem canker on oilseed | rape | in | ||||||
| the UK' | |||||||||
| Scott Ewing Glasgow University |
|||||||||
| Improving Crop Quality Using LED Lighting |
in Vertical Farms' | ||||||||
| Emelia Erland —Bristol University |
|||||||||
| Creating a bioplastic with the potential for |
environmental | regeneration | |||||||
| Cristina McBride-Serrano Lancaster University |
|||||||||
| Can increased plant diversity restore soil-associated |
ecosystem | services | |||||||
| in agroecosystems experiencing variable |
rainfall pattems7 | ||||||||
| AFCP joint studentships - Fern Baker - Nottingham |
University | ||||||||
| Total cost ofPostgraduate Scholarships |
| Additional Awards |
|
|---|---|
| FCCT Windsor grant | 5,985 |
| LEAF small grant | 2,000 |
| Sarah Shepperd travel grant |
434 |
| Rebecca Hoyle travel grant | 500 |
| 58,919 | |
| Total cost of all Grants | 5113,969 |
| 6. MANAGEMENT/ADMINISTRATIVE | 6. MANAGEMENT/ADMINISTRATIVE | EXPENSES | 2022 | 2021 |
|---|---|---|---|---|
| Unrestricted Funds: |
||||
| Professional fees | 12,750 | 13,000 | ||
| Travelling and meeting |
expenses | 5,264 | ||
| Independent Examiner |
remuneration | 2,260 | 2,320 | |
| AFCP subscription | 300 | 300 | ||
| Insurances | 1,210 | 1,170 | ||
| General administrative |
expenses | 572 | 487 | |
| Debit interest and fees | 3432 | |||
| 22,356 | 22,709 | |||
| Endowment Funds: |
||||
| Cazenove management |
fees | 11,968 | 14,603 | |
| Total | 234 324 | 237 312 |
| 2022 | 2022 | 2021 | 2021 | ||
|---|---|---|---|---|---|
| Market | Gross | Market | Gross | ||
| Valuef | Income F |
Valuef | Income | ||
| Listed Investments: | |||||
| UK equities | 28,113 | ||||
| International | equities | 13,697 | |||
| UK bonds | 6,076 | ||||
| International | bonds | 2,186 | |||
| Multi-Asset | 4,662,346 | 200,251 | 5,036,977 | 41,704 | |
| Properly | 15,697 | ||||
| Other | 3,079 | ||||
| 4,662,346 | 200,251 | 5,036,977 | 110,552 | ||
| Cash and Cash Equivalents | |||||
| Cash Accounts | 7,268 | 7,258 | |||
| f4,669,614 | L200,251 | f5,044,235 | 6110,552 | ||
| Historical cost | F4,973,391 | 64,973,381 |
| 2022 | |||||||
|---|---|---|---|---|---|---|---|
| Cash &cash | Listed | ||||||
| equivalents | Investments | Total | |||||
| Carrying (market) Value |
at | Begining of penod | 7,258 | 5,036,977 | 5,044,235 | ||
| Add: Additions to investments | during | the period | 10 | 10 | |||
| Less: Disposals at carrying | value | ||||||
| Less: Impairments | |||||||
| Add: Reversal of impairments | |||||||
| Add/(Deduct): Transfer |
in/(out) | in the | period | ||||
| Add/ Deduct Net ain/ |
loss | on revaluation | |||||
| Realised profit on sale |
|||||||
| Relevant realised net gain | recognised | ||||||
| in previous periods |
|||||||
| Revaluation in year |
(374,631) | (374,631) | |||||
| Carping (market) Value |
at | End of period | 7,268 | 4,662,346 | 4,669,614 |
| 8. DEB | TORS: | Amounts fall |
ing due within one year | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| F | 6 | ||||
| Deposit | interest | receivable | |||
| Accrued | income | ||||
| 9. CASH AT BANK | |||||
| 2022 | 2021f | ||||
| Bardays | Bank | 168,904 | 117,686 | ||
| E166004 | E117666 | ||||
| 10. CREDITORS: Amounts | falling due within | ||||
| one | year | 2022 | 2021 | ||
| 6 | |||||
| Accrued | grants | and expenses | 5,567 | 6,307 | |
| E5 567 | E6307 |
| 2022/23 | 2023/24 | 2024/25 | 2025/26 | |
|---|---|---|---|---|
| 6 | 6 | 6 | ||
| Postgraduate Scholarships |
||||
| Sean Brierley-Salford | 4,000 | |||
| Rebecca Hoyle - Liverpool | 3,000 | |||
| Laura Sapelli - Herts | 10,000 | |||
| Adam Peter —Reading |
6,000 | |||
| Alex Milliken - Essex |
10,000 | 10,000 | ||
| Jenna Shaw —Harper |
3,530 | |||
| Scott Ewing - Glagow | 12,400 | 12,400 | 6,200 | |
| C. McBride-Serrano —Lancaster |
10,950 | 10,950 | ||
| Evren Bingol - Herts | 6,000 | 6,000 | ||
| Fareed Bhatti -Nottingham | 7,875 | 7,875 | 7,875 | 7,875 |
| Laura Giminez Molina -Herts |
6,000 | 6,000 | ||
| Emily Erland —Bristol |
3,000 | |||
| AFCP joint students | 4,000 | 4,000 | 4,000 | |
| Additional awards - FCCT Windsor grant |
5,000 | 5,000 | ||
| Total | 691,755 | 662,225 | 618,075 | E7,875 |
| 12. CHARITY FU | NDS | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Endowment | Unrestricted | Total | Endowment | Unrestricted | Total | ||
| Fund (EE) f |
Fund (UR) | Funds | Fund (EE) f |
Fund (UR) f |
Funds | ||
| Balances Brought | Forward | 5,044,235 | 111,379 | 5,155,614 | 4,451,804 | 153,582 | 4,605,386 |
| Income | 10 | 200,251 | 200,261 | 110,555 | 110,555 | ||
| Expenditure | (148,293) | (148,293) | (14,603) | (159,189) | (173,792) | ||
| Transfers | (6,431) | 6,431 | |||||
| Gains/(Losses) | (374,631) | (374,631) | 613,465 | 613,465 | |||
| Balances Carried | Forward | 4,669,614 | 163,337 | 4,832,951 | f5,044,235 | 5111,379 | f5,155,614 |