MAURICE FRY CHARITABLE TRUST ACCOUNTS FOR THE YEAR ENDED 30TH SEPTEMBER 2022
| Report of the trustees | Report of the trustees | |
|---|---|---|
| Independent | examiner's | report |
| Statement | of Financial | Activities |
| Note | 2022 | 2021 | ||
|---|---|---|---|---|
| Income | ||||
| Investment income |
41,083 | 35,047 | ||
| Expenditure | ||||
| Direct charitable expenditure |
||||
| - Grants payable | 29,000 | 35,500 | ||
| Other resources expended | 9,525 | 9,630 | ||
| Total expenditure | 38,525 | 45,130 | ||
| Net income and net movement | in funds | 2,558 | (10,083) | |
| before gains and losses on investments | ||||
| Gains and losses on investment | assets | |||
| Realised gains/(losses) | 5 | (816) | 32,303 | |
| Unrealised gains |
5 | ~398,094 | 321,896 | |
| Net movement in funds |
(396,352) | 344,116 | ||
| Reconciliation offunds |
||||
| Total funds brought forward |
2,540,923 | 2,196,807 | ||
| Total funds carried forward | 2,144,571 | 2,540,923 |
| The Trust derives | The Trust derives | its income | from the following sources, | from the following sources, | from the following sources, | ||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| E | |||||||
| Fixed interest and index linked stocks | 12,764 | 6,843 | |||||
| Equities | and | convertibles | 28,319 | 28,204 | |||
| 41,083 | 35,047 | ||||||
| 4.Other resources expended | |||||||
| Rathbone | Investment | Management | 7,975 | 8,166 | |||
| Accountancy | 1,550 | 1,464 | |||||
| 9,525 | 9,630 | ||||||
| 5.Investments | |||||||
| E | |||||||
| Valuation | at | 1st October 2021 | 2,490,517 | ||||
| Additions | 371,263 | ||||||
| Disposals at (proceeds |
opening market value F348,569; loss f816) |
(349,385) | |||||
| Net unrealised losses |
398,094 | ||||||
| Valuation | at | 30th September 2022 | 2,114,301 | ||||
| The investment | portfolio is split between |
the following | categories of investment, | ||||
| 2022 | 2021 | ||||||
| F | E | ||||||
| UK equities | and funds | 1,588,279 | 2,048,854 | ||||
| Fixed interest securities | 526,022 | 441,663 | |||||
| 2,114,301 | 2,490,517 |
| 6. | Cash at bank and on deposit | Cash at bank and on deposit | Cash at bank and on deposit | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| F | |||||
| Cash held by investment | managers | 22,307 | 42,190 | ||
| Cash at bank | 11,248 | 11,713 | |||
| 33,555 | 53,903 | ||||
| 7. | Grants payable | 2022 | |||
| E | |||||
| Living Well Bromley | 4,000 | ||||
| Clock Tower Sanctuary | 4,000 | ||||
| Family Centre Fieldway | New Addington | 4,000 | |||
| Island Trust | 4,000 | ||||
| Baytree Centre | 4,000 | ||||
| Scottish Wildlife | Trust | 2,000 | |||
| Football Beyond | Borders | 4,000 | |||
| Alive Foodbank | Croydon | 1,000 | |||
| Trees for Cities | 2,000 | ||||
| 29,000 |