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|INDEX|Patte|
|---|---|
|Annual
Report ofthe Trustees|1-4|
|Independent
Examiners
Report||
|Receipts and Payments
Account||
|Statement ofAssets and Liabilities||
|Notes to the Financial Statements|8-12|
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|Trustees as at31stMarch 2023:|Trustees as at31stMarch 2023:|Mrs SC Clark||Reverend|Canon G E Morris|
|---|---|---|---|---|---|
|||Mrs SGardiner||Mr AJP|Phillips|
|||MrAR Johnson||Mrs C LPutney||
|||Ms C Minett||Mrs SJWatson||
|Clerk tothe Trustees:||Mr M Scott||||
|Assistant Clerk to||||||
|the Trustees:||Mrs SJWebb||||
|Independent|Examiner:|Miss Ruth Herbert||||
|||Wenn Townsend||||
|||Gosditch House||||
|||5 Gosditch Street||||
|||Cirencester||||
|||Gloucestershire||||
|||GL7 2AG||||
|Bankers:||Lloyds Bank pic||||
|||14Castle Street||||
|||Cirencester||||
|||Gloucestershire||||
|||GL7 1QJ||||
|Solicitors:||Sewell Mullings|Logic|||
|||7 Dollar Street||||
|||Cirencester||||
|||Gloucestershire||||
|||GL7 2AS||||
|Correspondence||||||
|Address:||7 Dollar Street||||
|||Cirencester||||
|||Gloucestershire||||
|||GL7 2AS||||
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|||Note|Unrestricted|Restdicted|Endowment|Total||
|---|---|---|---|---|---|---|---|
||||Funds|Funds|Fund|2023|2022|
|Receipts
Rent Received|||||||305|
|Investment
Income|||83,690|1,056||84,746|83,329|
|Donation —John Jones||||||||
|Charity|||32,500|||32,500||
||||116,195|1,056||117,251|83,634|
|Investment
Sales|||||||15|
|Total Receipts|||116,195|1,056||117,251|83,649|
|Payments
Cost ofGenerating|Funds||2,651|||2,651|11,316|
|Chaditable
Activities:||||||||
|Grants Paid|||47,860|270||48,130|24,770|
|Governance
Costs|||24,102|||24,102|14,746|
||||74,613|270||74,883|50,832|
|Investment
Purchases||||||||
|Total Expenditure|||74,613|270||74,883|50,832|
|Net Receipts/(Payments)
forthe year|||41,582|786||42,368|32,817|
|Cash Funds brought
forward|||119,837|5,730|181,288|306,855|274,038|
|Cash Funds|||6161,419|F6,516|6181,288|F349,223|F306,855|
||||Note|Unrestricted|Restricted|Endowment|Total||
|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Fund|2023|2022|
|Fixed Assets|||||||||
|Freehold
Land|||4|36,499|||36,499|36,499|
|Investments:|||5||||||
|COIF Income Shares||||243,139|20,946|1,853,542|2,117,627|2,200,912|
|Brewin Dolphin|Portfolio|||399,653|20,261|433,762|853,676|912,393|
|Black Rock Charities||||||127,726|127,726|129,101|
|M &G Charifund||||||76,225|76,225|81,187|
|||||679,291|41,207|2,491,255|3,211,753|3,360,092|
|Current Assets|||||||||
|Debtors|||6|4,280|||4,280|19,500|
|Cash Funds|||7|161,419|6,516|181,288|349,223|306,855|
|||||165,699|6,516|181,288|353,503|326,355|
|Creditors: amounts||falling|||||||
|due within|one year||8|9,027|||9,027|12,663|
|Net Current Assets||||156,672|6,516|181,288|344,476|313,692|
|Net Assets|||9|6835,963|f47,723|62,672,543|63,556,229|93,673,784|
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|1.|Costs ofGeneratin|Funds||||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||Brewin Dolphin —Investment
Management
Clerks Fees- Property
Management|||||2,651|6,276
5,040|
|||||||2,651|F11,316|
|2,|Grants - Paid|||||||
||General Funds:|||||||
||Deer Park School:|||||||
||Educational
Enhancement|||||10,000|9,500|
||Astro turf|||||14,500||
|||||||24,500|9,500|
||Powell's School:|||||||
||Educational
Enhancement|||||6,000|5,707|
||Property Repairs|||||7,810||
|||||||13,810|5,707|
||Kingshill School:
Educational
Enhancement|||||9,000|9,000|
||Capital Grant|||||||
|||||||9,000|9,000|
||Other Grants:|||||||
||Cirencester College —Prize Award|||||550||
||Restricted Funds:|||||||
||Frank Miles Memorial
Robert Ellett Memorial
George and Florence|Prize
(Deer Park and Kingshill)
Prize (Deer Park and Kingshill)
May Lait Memoriial
Prize||||90
90|90
90
293|
||1457Prize Fund
(Cirencester College)
Cirencester Grammar
School Memorial Trust- Annual||||Student Awards|90|90|
||(Cirencester College)|||||270|563|
||Total Grants Paid|||||F 48,130|F24,770|
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|Governance|C|osts|||
|---|---|---|---|---|
||||2023|2022|
|Clerk's Fees|||14,880|11,760|
|Accountancy
Independent
Repairs|Charges
Examiners Fees||6,926
700
1,596|1,560
600
826|
||||F 24,102|8 14,746|
|Fixed Assets:||Freehold Land|||
|Cost:|||||
|At 1st April||2022 and at 31st March 2023||F36,499|
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|Fix d As|sets: Inv stments|sets: Inv stments|sets: Inv stments|sets: Inv stments|||
|---|---|---|---|---|---|---|
|Charities|Official Investment||||Fund - Income Shares||
|||||||Market|
|||||||Value|
|As at 1stApril 2022||||||2,200,912|
|Additions|at cost||||||
|Unrealised|Gain/(Loss)||on|Investments||(83,285)|
|Realised|Gain/(Loss)|on Disposals|||||
|At 31stMarch 2023||||||82,117,627|
|The cost|ofthe investments|||as|at 31stMarch 2023was 8139,863 (2022-6139,863).||
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|Brewin Dolphin
Portfolio|Brewin Dolphin
Portfolio|Brewin Dolphin
Portfolio||||Market|
|---|---|---|---|---|---|---|
|||||||Value|
|As at 1st April 2022||||||912,393|
|Additions at cost including|||Accumulated||Dividends||
|Disposal Proceeds
Unrealised
Gain/(Loss)|on||Investments|||(58,717)|
|Realised Gain/(Loss)
on||Disposals|||||
|At 31st March 2023||||||6 853,676|
|The costofthese investments||||as at 31stMarch 2023was E(2022 -E713,229).|||
|||||||Market|
|||||||Value|
|Black Rock Chariities|UK Equity Fund||||A Income||
|As at 1st April 2022
Unrealised
Gain/(Loss)|during|||the year||129,101
(1,375)|
|At 31st March 2023||||||8 127,726|
|The cost ofthese investments||||as at 31st March 2023was F120,000 (2022 -F120,000).|||
|||||||Market|
|||||||Value|
|MSG Fund|||||||
|As at 1st April 2022
Unrealised
Gain/(Loss)||during||the year||81,187
(4,962)|
|At 31stMarch 2023||||||f 76,225|
|The cost ofthese investments||||as at 31stMarch 2023was E80,000(2022- F80,000).|||
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||||||2023||2022|
|---|---|---|---|---|---|---|---|
|6.|Debtors|||||||
||Donation Receivable —John||Jones Charity||||19,500|
||Black Rock Dividends||||4,280|||
|||||f|4,280||19,500|
|7.|Cash Funds|||||||
||||||2023||2022|
||Lloyds Bank
Sewell Mullings
Brewin
Dolphin|Logic|||258,416
42,886
47,921|189,302
68,618
48,935||
|||||f|349,223|f306,855||
|8.|Creditors|||||||
||||||2023||2022|
||Brewin Dolphin
Investment
Accountancy
Fees
Clerk's Fees||Fees||267
3,600
5,160||1,593
7,830
3,240|
||||||9,027|f|12,663|
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|||At 1st|Surplus||At31st|
|---|---|---|---|---|---|
|||April|(Deficit) for||March|
|||2022|the Year|Transfers|2023|
|Unrestricted
Funds:||||||
|General Reserve||808,466|27,497||835,963|
|Restricted Funds:||||||
|Frank Miles Memorial Prize Fund||6,803|(144)||6,659|
|Robert Ellett Memorial|Prize Fund|6,636|(145)||6,491|
|George and Florence May Lait-
Memorial
Prize Fund||14,106|(105)||14,001|
|1457 Prize Fund||17,149|(733)||16,416|
|Cirencester
Grammar|School|||||
|Memorial
Trust||4,460|(304)||4,156|
|Total restdicted funds||49,154|(1,431)||47,723|
|Endowment
Fund||2,816,164|(143,621)||2,672,543|
|Total Funds||83,673,784|E(117,555)|E -|F3,556,229|
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