Registered No: 327174 PETER CADBURY CHARITABLE TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2022
PETER CADBURY CHARITABLE TRUST Trustees: P.H.G. Cadbury Mrs S. Cadbury- Died 5, November 2021 E.M. (The Duchess ofj Argyll Mr S.C. Cadbury Addre55: D74 Albioii Riverside 8 Hester Road Lvndon SWII 4AW Bankers: Handelsbanken 3, Floor, 86 Jermyn Street London SWIY 6JD Investment Advise. Investec Wealth & Investment Management Limited 30 Gresham Street London EC2V 7QN Independent Examiner: Daet] O'Cont)or B8C{Hons} FCCA ACA (Senior Auditor) Jamcs Cowper Kreston, Chartered Accountants Reading Bridge House GeoruTe Street Reading RGI 8LS Registered Charity No: 327174
PETER CADBURY CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2022 Constitution Objects The settlement is registered with the Charity Conimission nuinber.. 327174 and is constituted under a deed of settlement dated 12 May 1986. The principal objectives of the charity are to apply the income received in the payment of donations or subscriptions for public beiiefit to such charitable institution or institutions for all or any of the charitable objects or purwse5 as the Trustees or a majority iii point of nun)ber of the Trustees shall in their discretion from time to time think fit and detemiine. Organisation The trustees are as shown on the front of this report and in accordance with the goveming document. The trustees have the power to nominate additional trustees. Financial Review The income of the Trust amounted to £32,079 compared to £35,806 for the previous year. The Trust did not receive a donation from the George Cadbury Charitable Trust in the year to 5 April 2022 (2021 £5,000). 37 cheques for charitable donations were drawn totslling £49,900 which included the under-mentioned donations in exce&s of £1,000. Dulwich Picture Gallery Dragon School Tnist Royal Ballet School GarsinLTton Opera Helen & Douglas House Frieiids of the Arg)'Il Papers Richmond Hope Outward Bound Trust Scotland Ro>ial Philharnionit Orcliestra Sir John Soane's Museum St Martins in the Fields -The Connection Friends of the Royal Opera House Dulivich Picture Gallery Ro>ial Horticultural Societ>, Royal Ballet School- in memory of Sally Cadbury Cancer Research UK The Wallace Collection The Art Fund Royal Trinity Hospice Chelsea Physic Garden Chelsea Physic Garden 1,000 1,500 2,000 2,750 1,500 2,000 2,000 2,000 1,750 1,500 2,000 1,500 1,000 1,200 10,(K)O 1,500 2,000 1,500 1,500 2,000 iooo £ 44.200
PETER CADBURY CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED S APRIL 2022 Trnsttts With the excepitron of Sally C.8dbury who s&d]y th.ed dunn8 the year, the tstber three Tnwees as showi earber in th"Is set of Thtblic Bevefit The Trust¢e$ haye Imd due regard to Charity Commission gllidjnce QD Pubhc Bene drtrllw the year. ve$thDl Policy Th¢re is no limttation OD investD]ents and the tTWt&s uijdertake the purchase &nd disposal of investments on the recommendation of thu tFubl's U111Il1t ddyisub. RtÈervt8 P•]icy The Trustees aim to coverthe costof donations outof current tnc01 and reserves. It) the light of Covid 19 the level of dOllan9 rnay Ix Eeilucc(l if ih¢i¢ i5 4t Tt¥ult•rt k)¥¥ Th2 accoullts have been prepared by D¢rek Larder FCA Chartered Acwuntaot of 22 Waterka¥ Tawiton, Somersel TA2 8PX from the bank statements and stockbrokers #atements r¢]in8 to the Tntste¢8 accouttts Mqth Handelsbanken Investec ?th & Investment kntnited respectively and from inforniation supplied by the Trustees. They have b¢)trn independently eL2milled by Darrem O'C.onnor Bsclllons) FLCA ACA (Sl0r Auditor) a member of Jam¢s Cowp¢r Kreston, CharteTed Accountants aT keuigEfed AuditDrs Appr(¥Ve Dythe i tht1 *lgn&i tIlÈlT i)ehait ny,. . 2023
PETER CADBURY CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES for the year ended S April 2022 Unrestricted Funds 2022 Unrestricted Funds 2021 Income & Expenditure Income From: Donations and Legacies.. Regular GeorbTe Cadbury Charitable Trust 5,000 Investment Income: Dividends from UK listed investments Interest on UK listed investments Overseas dividends Overseas interest Other interest D1.1dendS from UK REIT investments 17.647 6.747 5,754 1.898 16,646 5,338 2,132 21 32 Total Income 32,079 35.806 Expenditure on: Investment management cost.. Investinent advisers fee Charitable ActI.]tleS'. Donalions paid Governance Costs.. Professional fees.. Accountaiicj. fees Iiidependent examiner'5 fees 11,267 9,568 49.900 36.815 700 600 650 580 Total Expenditure 62,467 47,61i Iyet incomel(expenditure) Gaind{Losses) on fixed asset investments.. Realisedlunrealised (30,388) {11.807) 42.003 214,669 Net movement in fvnds 202,862 Retoffteilixtion of funds. Unrestricted fi]nds brought fonvard 1,144,233 941,371 Unrestricted fvnds carried fonvard £ 1,155.848 £1,144,?33
PETER CADBURY CHARABLE TrUST BALANCE SHEET t5 April 21122 2022 21)21 l.isted Equities & Unrt Trusts UK L15tcd r"IKcd Inttr&st lrtve8trents Over5e&4 Lied Investments 655,133 145.555 294,564 642,?04 165,772 280,615 1.095.252 1,094,591 Cur4•t A&ts tnterest Receivable Funds. hEld by StULkbtvk¥i¥ Cash 01 Bank 1,734 37,009 26.003 1,776 5.922 45.714 64,746 53,412 Cvnrllt Li4bilitie5 Crrth'iors. anJ)untsfalling due within one ye Accrual$ for f44S 4,150 3.770 Nel Cu1 &¢t8 00,59Li 49,b42 Totd Ntst Asts £1,155,848 £1.144,233 FuDd$ lJnre%trict £1.155.848 £1.144 2.43 AppV1 brholf uf I1 VII ... ...... 2023 by . MrPHGCadbury
PETER CADBURY CHARITABLE TRUST ACCOUNTING POLICIES year lo 5 April 2022 Accounting Convention The finaiicial 5tateinents have been prepared in accordaiice M'ith the Cliarities SORP IFRS 10?) - Accounting and Reporting by Charitie5.' Statement of Recommended PTactice applicable to chaTlties prepai'in& their accounts in accordance with the Financia I Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191, the Finaneial Reporting Standard applicable iii tlie UK and Republic of Ireland {FRS 1021 and Charities Act 2011. The financial siaieinents have been prepared io give a'true and fair" view. The trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevaiit accounting policy. Basis of Accounting The accounts are prepared on an aecruals basis. All income is reeognised once the Charity has entitlement to the income. Regourees Expended Grants and donations paid are charged against income in the year they are paid. All grants and donations are one-off payments. Other resources expended are included in the SOFA on an accruals basis. Expenditure includes VAT which is not recoverable b), the Charity. Investments Investments are shoiin at middle-market value. Realised gains and losseg on disposals and unrealised gains or losses when the investments are re.alued are reflected in the SOFA. Reserves All funds are unrestricted.
PETER CADBURY CHARtTABLE TRUST NOTES TO THE ACCOUNTS Year to 5 April 2022 UK Listed Securities Equitie5 Fixed Int'¢ Overseas Securities 2022 Total 2021 Total Investments Unrestricted Fund Market Value a(6 April 2021 642,204 165,772 286,615 1.094.591 888,25i Additions at cost Purchased 94,073 109,244 252,501 Proceeds froin sale of investments (106.1441 (21.727} {22.715) (150.586} 1260.8321 Net investment gaIn(lOsSes) Unrealised Rvalised 18.110 6,890 1612 1102) 14.931 562 34.653 7,350 185.841 28,828 Market Value at 5 April 2022 £655,133 £145.555 £294,564 £1,095.252 £1,094,591 Truslees Mi. D Larder, a foriner Trustee, was paid £650 during the year for the kttping of the Trusts accountinbi records and preparatitst) o the annual accounts.
PETER CADBURY CHARITABLE TRUST INDF.PF.YDENT F.XAMINF.R'S RF.PORT TO THE TRUSTF.F.S OF PETER CADBIIRY C.HARITABLE TRUST I report to the Trnstees on my examination of the accounts of the Peter Cadbury Charitable Trust for the year ended 5 April 2022. Responsibilities and basis of report As the charity Trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirement5 of tlie Chdrities Act 2011 ("the ALt"I. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directioi)s given by Charity Cominission under Section 145 {5)Ib) of the Act. Independent Examiner's statement I have con)pleted my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. l. Accounting records were not kept in respect of the Trust as required by seciion 130 of the Act. or 2. The accounts do not accord with those records,. or 3. The accounts do not comply with the applicable reqiiirements Concerning the form and content of ac¢ount5 set out in the Charities (Accounts Reports) Regulations 2008 other than any requirement that the accounts give a'XNe and fair view" w'hich is not a matter Coldered as pait of an independei)t examination. I have no concerns and have con)e acr05S llo other tnatters in connection with the examination to m.hich attention shou]d k draw in this report in order to enable a proper understanding of the accounts to reached. Signed.. Date.. 23 January 2023 Ddrten O'cunnvr BSC{Honsl FCCA ACA (Seniur Auditor) James Cowper Kreston, Chartered Accountants Reading Bridge House George House Reading R(i18LS