| Page | ||
|---|---|---|
| Synopsis | 2-3 | |
| Report ofthe Trustees | 4-6 | |
| Report ofthe Independent | Examiner | |
| Statement ofFinancial Activities | ||
| Balance Sheet | ||
| Notes to the Accounts | 10-14 |
| SYNOPSIS AT | 5APRIL 2023 | |||||
|---|---|---|---|---|---|---|
| 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 2023 are as follows | ||||||
| Ronald Sidney Goldstein | ||||||
| Hilary Ann Goldstein | ||||||
| Richard Brian Goldstein | ||||||
| Mandy Laura lsaacs |
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| Alison Ruth Mendel | ||||||
| The trust deed allows continuing | trustees to appoint additional | |||||
| trustees with a minimum |
ofthree | persons and a maximum | of | |||
| seven. | ||||||
| Terms ofTrust: | The Trustees are directed | to hold | the capital and income of | the | ||
| trust fund for such charitable purposes ofcharitable institutions |
as | |||||
| the Trustees shall in their |
absolute | discretion think fit. The |
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| Trustees have power to appoint capital or income absolutely | to | or | ||||
| upon any 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 ofaccumulation |
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| ended on 12October 2004. | ||||||
| Date ofEstablishment | 12October 1983 | |||||
| Accumulation | Period: | 21years from 12October | 1983 | |||
| Bankers: | Coutts 5Co | |||||
| 44Strand | ||||||
| London | ||||||
| WC2R OQS | ||||||
| Accountants | Haines Watts (City) LLP |
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| 69-73Theobald's Road |
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| London WC1X8TA |
| Note | Income | Capital | 2023 | 2022 | |||
|---|---|---|---|---|---|---|---|
| Fund | Fund | Total | Total | ||||
| f | f | f | f | ||||
| INCOME | |||||||
| Investment income |
34,078 | 34,078 | 18,635 | ||||
| Donation income |
47,890 | 47,890 | 80,208 | ||||
| Total income | 81,968 | 81,968 | 98,843 | ||||
| Expenditure | |||||||
| Charitable activities |
75,686 | 75,686 | 55,323 | ||||
| Total expenditure | 75,686 | 75,686 | 55,323 | ||||
| Net incoming resources for the year before |
6,282 | 6,282 | 43,520 | ||||
| revaluations and investments disposals |
|||||||
| OTHER RECOGNISED GAINS |
AND LOSSES | ||||||
| Unrealised loss on fixed asset investments |
4 | (128,677) | (128.677) | 28,679 | |||
| NET MOVEMENT IN FUNDS |
6,282 | (128,677) | (122,395) | 72,199 | |||
| Funds brought forward at 6 | April 2022 | 463,386 | 1,268,753 | 1,732,139 | 1,659,940 | ||
| Funds carried forward at 5 April 2023 | 469,668 | 1,140,076 | 1,609,744 | 1,732,139 | |||
| All funds are unrestricted |
| BAlANCE SHEETAS AT5APRIL | 2023 | ||
|---|---|---|---|
| Note | 2023 | 2022 | |
| f | f | ||
| FIXEDASSETS | |||
| Investments | 1,570,763 | 1,658,484 | |
| 1,570,763 | 1,658,484 | ||
| CURRENT ASSETS | |||
| Cash at bank and in hand | 38,981 | 73,655 | |
| 38,981 | 73,655 | ||
| NET CURRENT ASSETS | 38,981 | 73,655 | |
| TOTAL ASSETS | 1,609,744 | 1,732,139 | |
| UNRESTRICTED FUNDS | |||
| Capital | 1,140,076 | 1,268,753 | |
| Income | 469,668 | 463,386 | |
| 1,609,744 | 1,732,139 |
| 2 | CHARITABLE ACTIVITIES | CHARITABLE ACTIVITIES | 2023 | 2022 |
|---|---|---|---|---|
| f | f | |||
| Anne Frank | 2,000 | 0 | ||
| Norwood Ravenswood |
15,000 | 6,000 | ||
| Community Security Trust |
6,000 | 6,000 | ||
| Camp Simcha | 7,500 | 5,000 | ||
| ICR —Ukraine Appeal | 0 | 5,000 | ||
| Jewish Care | 10,500 | 4,500 | ||
| Kisha ron | 1,500 | 1,500 | ||
| Nightingale Hammerson |
2,500 | 2,500 | ||
| United Jewish Israel Appeal | 13,500 | 7,000 | ||
| World Jewish Relief | 4,000 | 2,000 | ||
| Tikva UK | 0 | 5,000 | ||
| UJS | 2,000 | 3,000 | ||
| DEC/IRC | 2,500 | 0 | ||
| FoodBankAid | 2,500 | 0 | ||
| Donations below f1,000 |
2,645 | 3,710 | ||
| 72,145 | 51,210 | |||
| Support costs | 3,541 | 4,113 | ||
| Analysis ofcharitable | activities | 75,686 | 55,323 | |
| General charitable purposes |
72,145 | 51,210 | ||
| TOTAL | 75,686 | 55,323 |
| 3 INVESTMENT INCOME |
2023 | 2022 | |||
|---|---|---|---|---|---|
| UK quoted securities | 27,936 | 14,283 | |||
| Interest paid gross- UK |
6,142 | 4,352 | |||
| 34,078 | 18,635 | ||||
| 4 FIXEDASSET INVESTMENTS |
2023 | 2022 | |||
| f | f | ||||
| Investment and cash under management |
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| UK Quoted investments | 1,570,763 | 1,658,484 | |||
| Fair value at 5April 2023 | 1,570,763 | 1,658,484 | |||
| UK quoted investments | 2023 | 2022 | |||
| f | f | ||||
| Fair value at 6April 2021 | 1,658,484 | 1,589,805 | |||
| Additions | 40,956 | 40,000 | |||
| Net unrealised investment |
gain/(loss) | (128,677) | 28,679 | ||
| Fair value at 5April 2023 | 1,570,763 | 1,658,484 | |||
| Historical cost at 5 April 2023 | 1,373,732 | 1,313,767 | |||
| Investments are revalued at |
fair value | and the year end. | |||
| All investments are held within unrestricted |
funds. | ||||
| The following investments |
represent | more | than 5%of | ||
| the total investment portfolio |
Value | Percentage of | |||
| total | |||||
| f | |||||
| Thesis Headway Income Fund |
1,425,733 | 90,77% | |||
| Fulcrum Income Fund |
89,572 | 5.70% |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| 5 | CASH | AT | BANK | ||
| Thesis | 3,662 | 41,115 | |||
| Coutts | 5 | Co | 35,319 | 32,540 | |
| 38,981 | 73,655 |
| Income | Capital | Total | |
|---|---|---|---|
| Fund f |
Fund f |
Fundsf | |
| Fixed Assets | |||
| Investments | 430,687 | 1,140,076 | 1,570,763 |
| Current Assets | |||
| Cash at bank and in hand | 38,981 | 38,981 | |
| 469,668 | 1,140,076 | 1,609,744 |