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|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe charity, its Trustees|and advisers||
|Trustees'
report||||2-6|
|Independent
auditors'|report|on the financial statements||7-10|
|Statement offinancial|activities||||
|Balance sheet||||12|
|Statement ofcash flows||||13|
|Notes to the financial|statements|||14-22|
##
|Trustees|Trustees||Christopher|John Gee|John Gee|
|---|---|---|---|---|---|
||||Bianca Kamala||Silva|
||||Thomas
Edward
Gilman|||
|Charity|registered|||||
|number|||328Q22|||
|Principal office|||RWK Goodman|||
||||Godstow Court,||Minns Business Park|
||||5West Way|||
||||Oxford|||
||||OX2 QJB|||
|Independent||auditors|Hillier Hopkins||LLP|
||||Chartered
Accountants|||
||||Radius House|||
||||51 Clarendon|Road||
||||Watford|||
||||WD17 1HP|||
|Bankers|||CAF Bank Ltd|||
||||25 Kings
Hill|Avenue||
||||Kings
Hill|||
||||West Mailing|||
||||Kent|||
||||ME194JQ|||
|Solicitors|||RWK Goodman|||
||||Godstow Court,|||
||||Minns Business||Park|
||||5West Way|||
||||Oxford|||
||||OX2 QJB|||
|Investment||Managers|Charles Stanley||Stockbrokers|
||||Willow Court,|Minns Business Park||
||||7West Way,|Botley||
||||Oxford|||
||||OX2 QJB|||
|Investment||Managers|Rathbones|||
||||1 Curzon Street|||
||||London|||
||||W1J 5FB|||
|Named|Charity||Tom Gilman|||
|Correspondent|||RWK Goodman|||
||||Godstow Court,||Minns Business Park|
||||5West Way|||
||||Oxford|||
||||OX2 QJB|||
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
||||Note|2023f|2023
F|2022|
|Income from:|||||||
|Investments||||775,249|775,249|670,980|
|Total income||||775,249|775,249|670,980|
|Expenditure
on:|||||||
|Raising funds||||95,131|95,131|107,414|
|Charitable
activities||||684,681|684,6&1|570,479|
|Total expenditure||||779,812|779,812|677,893|
|Net expenditure
before net (losses)/gains||on|||||
|investments||||(4,563)|(4,563)|(6,913)|
|Net (losses)/gains|on investments|||(2,046,883)|(2,046,883)|1,255,469|
|Net movement
in|funds|||(2,051,446)|(2,051,446)|1,248,556|
|Reconciliation
offunds:|||||||
|Total funds brought|forward|||27„435,777|27,435,777|26,187,221|
|Net movement
in funds||||(2,051,446)|(2,051,446)|1,248,556|
|Total funds carried forward||||25,384,331|25,384,331|27,435,777|
##
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||||Note||2023f||2022|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Investments|||||23,686,738||25,938,968|
||||||23,686,738||25,938,968|
|Current assets||||||||
|Cash at bank|and in|hand||1,888,218||1,648,491||
|||||1,888,218||1,648,491||
|Creditors: amounts||falling due within one||||||
|year|||10|(190,625)||(151,682)||
|Net current|assets||||1,697,593||1,496,809|
|Total assets|less current liabilities||||25,384,331||27,435,777|
|Total net assets|||||25,384,331||27,435,777|
|Charity funds||||||||
|Restricted
funds||||||||
|Unrestricted|funds||||25,384,331||27,435,777|
|Total funds|||||25,384,331||27,435,777|
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|Cash flows from operating|activities|||Note|||
|Net cash used
in operating|activities|||14|34,380|(54,818)|
|Cash flows from investing|activities||||||
|Proceeds from sale of investments|||||5,297,351|5,036,585|
|Purchase
of investments|||||(5,092,004)|(5,033,004)|
|Net cash provided
by investing
activities|||||205,347|3,581|
|Change
in cash and cash|equivalents|in|the year||239,727|(51,237)|
|Cash and cash equivalents|at the beginning||ofthe year||1,648,491|1,699,728|
|Cash and cash equivalents|at the end|of|the year|15|1,888,218|1,648,491|
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2023|2023|2022|
|||F|||
|Deposit account interest||4,038|4,038|108|
|Investment|income|771,211|771,211|670,872|
|Total 2023||775,249|775,249|670,980|
|Total 2022||670,980|670,980||
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2023|2023|2022|
|||F|F|F|
|Porffolio management|costs|95,050|95,050|107,309|
|Other costs||81|81|105|
|Total 2023||95,131|95,131|107,414|
|Total 2022||107,414|107,414||
|||Grants to|Total|
|---|---|---|---|
|||Institutions|funds|
|||2023
F|2023f|
|Grants|payable|658,938|658,938|
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|Grants to|Total|
|---|---|
|Institutions|funds|
|2022|2022|
|547,781|547,781|
##
|||||2023f|2022f|
|---|---|---|---|---|---|
|1.Victoria History of Oxfordshire|||Trust|78,525|64,904|
|2.Ashmolean|Museum|||137,419|113,582|
|3.Bodleian
Library||||137,419|113,582|
|4. Brasenose|College|||65,437|54,087|
|5.Oxford Preservation||Trust||58,894|48,678|
|6. Pitt Rivers|Museum|||111,244|91,948|
|Other grants|to institutions|||70,000|61,000|
|||||658,938|547,781|
##
|||Grant|||
|---|---|---|---|---|
|||funding of|Support|Total|
|||activities|costs|funds|
|||2023f|2023f|2023f|
|Support costs|||25,743|25,743|
|Direct charitable|activity|658,938||658,93&|
|||658,938|25,743|684,681|
##
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|Analysis ofexp|enditure
by activities (cont|inued)|||
|---|---|---|---|---|
|||Grant|||
|||funding of|Support|Total|
|||activities|costs|funds|
|||2022|2022|2022|
|||||E|
|Support costs|||22,698|22,698|
|Direct charitable|activity|547,781||547,781|
|||547,781|22,698|570,479|
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2023f|2023f|2022|
|Legal fees||8,343|8,343|6,456|
|Accountancy||11,730|11,730|11,262|
|Governance|costs|5,670|5,670|4,980|
|Total 2023||25,743|25,743|22,698|
|Total 2022||22,698|22,698||
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|Statement offunds|- curre|nt year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at 1||||Gains/|31 March|
|||April 2022f|Income
f|Expenditure|f|(Losses)|2023
f|
|Unrestricted
funds||||||||
|Designated
funds||||||||
|Capital funds||27,395,918||||(2,046,883)|25,349,035|
|General funds||||||||
|General
Funds - all|funds|39,859|775,249|(779,812)|||35,296|
|Total Unrestricted|funds|27435777|775~249|(779&812)||(2,046 883)|25,384331|
|Statement offunds|-prior|year||||||
||||||||Balance at|
|||Balance at||||Gains'|31March|
|||1 April 2021|Income|Expenditure||(Losses)|2022|
|Unrestricted
funds||||||||
|Designated
funds||||||||
|Capital funds||26,140,449||||1,255,469|27,395,918|
|General funds||||||||
|General Funds - all|funds|46,772|670,980|(677,893)|||39,859|
|Total Unrestricted|funds|26,187,221|670,980|(677,893)||1,255,469|27,435,777|
##
##
|Analysis of net assets between funds - current ye|ar||
|---|---|---|
||Unrestricted|Total|
||funds|funds|
||2023f|2023|
|Fixed asset investments|23,686,738|23,686,738|
|Current assets|1,888,218|1,888,218|
|Creditors due within one year|(190,625)|(190,625)|
|Total|25,384,331|25,384,331|
##
|Analysis ofnet assets between funds - prior year|||
|---|---|---|
||Unrestricted|rota/|
||funds|funds|
||2022|2022|
|Fixed asset investments|25,938,968|25,938,968|
|Current assets|1,648,491|1,648,491|
|Creditors due within one year|(151,682)|(151,682)|
|Tl|27,435,777|27,435,777|
##
||||||||||||2023f|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Net
income/expenditure||for|the|year|(as||per|Statement|of|Financial|||
|Activities)|||||||||||(2,051,446)|1,248,556|
|Adjustments
for:|||||||||||||
|(Gains)/losses
on|investments||||||||||2,046,883|(1,255,469)|
|Increase/(decrease)|in|creditors|||||||||38,943|(47,905)|
|Net cash provided|by/(used||in) operating|||activities|||||34,380|(54,818)|
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|||||||At 1 April||At 31 March|
|---|---|---|---|---|---|---|---|---|
|||||||2022|Cash flows|2023|
||||||||F|F|
|||||||F|||
|Cash|at|bank|and|in|hand|1,648,491|239,727|1,888,218|
|||||||1,648,491|239,727|1,888,218|
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