| Page | |||
|---|---|---|---|
| Synopsis | 1-2 | ||
| Report ofthe Trustees | 3-5 | ||
| Report ofthe Independent | Examiner | ||
| Statement of Financial | Activities | ||
| Balance Sheet | |||
| Notes to the Accounts | 9-13 |
| YNOPSIS AT 5 | APRIL 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Title: | The Ramar Charitable Settlement |
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| Registered Address: | 23 Pavilion Court, Mount | Vernon, | Frognal Rise, London, NW3 6PZ | ||||
| Settlor: | Ronald Sidney Goldstein | ||||||
| Trustees: | The names ofthe trustees | who served during | the year ended 5 | ||||
| April 2021are as follows | |||||||
| Ronald Sidney Goldstein | |||||||
| Hilary Ann Goldstein | |||||||
| Richard Brian Goldstein | |||||||
| Ma ndy Laura Isaacs | |||||||
| Alison Ruth Mendel |
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| The trust deed allows continuing | trustees to | appoint additional | |||||
| trustees with a minimum |
ofthree | persons and a maximum of |
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| seven. | |||||||
| Terms ofTrust: | The trustees are directed | to hold | the | capital | and income ofthe | ||
| trust fund for such charitable purposes of charitable institutions |
as | ||||||
| the trustees shall in their |
absolute | discretion | think fit. The trustees | ||||
| have power to appoint capital or |
income absolutely to or upon any |
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| such charitable trusts. | |||||||
| During a period oftwenty |
one years | from 12October 1983the | |||||
| trustees were able to accumulate | all | or any art ofthe income as an | |||||
| accretion to the capital ofthe trust. | The period of accumulation | ||||||
| ended on 12October 2004. | |||||||
| Date of Establishment | 12October 1983 | ||||||
| Accumulation | Period: | 21years from 12October | 1983 | ||||
| Bankers: | Coutts &Co | ||||||
| 44Strand | |||||||
| London | |||||||
| WCZR oaS | |||||||
| Accountants | Haines Watts (City) LLP |
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| 69-73Theobald's Road |
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| London WC1X 8TA |
| Independent | Examiner | S D Clarke FCA | |||
|---|---|---|---|---|---|
| Haines Watts (City) | LLP | ||||
| 69-73Theobald's | Road | ||||
| London WC1X BTA | |||||
| Investment | Address: | Thesis Investment | Management | Pic | |
| Exchange Building |
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| St John's Street | |||||
| Chichester | |||||
| West Sussex | |||||
| PO19 1LP | |||||
| Solicitors: | Portrait Solicitors | ||||
| 1Chancery Lane |
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| London | |||||
| WC2A 1LF |
| Note | Income | Capital | 2021 | 2020 | |||
|---|---|---|---|---|---|---|---|
| Fund | Fund | Total | Total | ||||
| f | f | E | f | ||||
| INCOME | |||||||
| Investment income |
3 | 23,418 | 23,418 | 24,107 | |||
| Donation income |
45,416 | 45,416 | 90,000 | ||||
| Total income | 68,834 | 68,834 | 114,107 | ||||
| Expenditure | |||||||
| Charitable activities |
2 | 89,921 | 89,921 | 82,705 | |||
| Total expenditure | 89,921 | 89,921 | 82,705 | ||||
| Net incoming resources for the year before |
(21,087) | (21,087) | 31,402 | ||||
| revaluations and investments |
disposals | ||||||
| OTHER RECOGNISED GAINS |
AND LOSSES | ||||||
| Unrealised on fixed asset investments |
4 | 285,077 | 285,077 | (133,966) | |||
| NET MOVEMENT IN FUNDS |
(21,087) | 285,077 | 263,990 | (102,564) | |||
| Funds brought forward at 6 | April 2020 | 440,953 | 954,997 | 1,395,950 | 1,498,514 | ||
| Funds carried forward at 5April 2021 | 419,866 | 1,240,074 | 1,659,940 | 1,395,950 | |||
| All funds are unrestricted |
| 2 | CHARITABLE ACTIVITIES | CHARITABLE ACTIVITIES | CHARITABLE ACTIVITIES | 2021 E |
2020 f |
|
|---|---|---|---|---|---|---|
| Anne Frank | 2,000 | 5,000 | ||||
| Noah's Ark | 1,000 | |||||
| Norwood Ravenswood |
21,000 | 7,750 | ||||
| Community Security Camp Simcha Jewish Care |
Trust | 6,000 10,000 15,000 |
8,000 12,500 12,000 |
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| One Voice | 2,000 | |||||
| Kisha ron | 1,500 | 2,000 | ||||
| United Jewish Israel | Appeal | 13,500 | 15,000 | |||
| World Jewish Relief | 2,000 | 3,000 | ||||
| UK Jewish Film |
1,250 | |||||
| UJS | 3,000 | |||||
| Marie Curie | 2,000 | |||||
| National Emergencies |
Trust | 4,000 | ||||
| Jewish Homes Emergency | Appeal | 4,000 | ||||
| Donations below f1,000 |
6,308 | 4,087 | ||||
| 85,808 | 78,587 | |||||
| Support costs | 4,113 | 4,118 | ||||
| Analysis ofcharitable | activities | 89,921 | 82,705 | |||
| General charitable | purposes | 85,808 | 78,587 | |||
| TOTAL | 89,921 | 82,705 |
| Page 11 | ||||||
|---|---|---|---|---|---|---|
| NOTES TO THE ACCOUNTS | FOR | THE YEAR ENDED 5APRIL 2021 | ||||
| 3 INVESTMENT INCOME |
2021 | 2020 | ||||
| UK quoted securities | 19,040 | 19,166 | ||||
| Interest paid gross-UK |
4,378 | 4,941 | ||||
| 23,418 | 24,107 | |||||
| 4 FIXED ASSET INVESTMENTS |
2021 f |
2020 f |
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| Investment and cash |
under | management | ||||
| UK Quoted investments | 1,589,805 | 1,304,728 | ||||
| Fair value at 5April 2021 | 1,589,805 | 1,304,728 | ||||
| UK quoted investments | 2021 f |
2020 E |
||||
| Fair value at 6April 2020 | 1,304,728 | 1,388,694 | ||||
| Additions | 50,000 | |||||
| Net unrealised investment |
gain/(loss) | 285,077 | (133,966) | |||
| Fair value at 5April 2021 | 1,589,805 | 1,304,728 | ||||
| Historical cost at 5 April 2021 | 1,169,680 | 1,169,680 | ||||
| Investments are revalued |
at fair | value | and the year end. | |||
| All investments are held within |
unrestricted | funds. | ||||
| The following investments |
represent | more | than 5/a of | |||
| the total investment portfolio |
Value | Percentage of | ||||
| total | ||||||
| f | ||||||
| Thesis Headway Income |
Fund | 1,462,406 | 93.99~/o | |||
| Fulcrum Income Fund |
93,493 | 6.01/o |
| NOTES | TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2021 | TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2021 | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| 5 | CASH AT BANK | |||
| Thesis | 36,230 | 50,487 | ||
| Coutts lk Co |
33,905 | 40,735 | ||
| 70,135 | 91,222 | |||
| 6 | ANALYSIS OF ASSETS AND LIABILITIES BETWEEN FUNDS | |||
| Income | Capital | Total | ||
| Fund | Fund | Funds | ||
| f | E | f | ||
| Fixed Assets | ||||
| Investments | 419,866 | 1,240,074 | 1,659,940 | |
| Current Assets | ||||
| Cash at bank and in hand | 70,135 | 70,135 | ||
| 490,001 | 1,240,074 | 1,730,075 |