## **The Neville Abraham Founda3on Report of the Trustees For the year ended 5 April 2023** ended 5 April 2023. The trustees have adopted the provisions of the Accoun=ng and Repor=ng by Chari=es Statement of Recommended Prac=ce applicable to Chari=es preparing their accounts in accordance with the Financial Repor=ng Standard applicable in the UK and Republic of Ireland (FRS 102) (effec=ve 1 January 2019). out in the notes to the accounts and comply with the charity’s governing document, the Chari=es Act 2011 and the Accoun=ng and Repor=ng by Chari=es Statement of Recommended Prac=ce applicable to chari=es preparing their accounts in accordance with the Financial Repor=ng Standard applicable in the UK and Republic of Ireland published on 16 July 2014 (as amended by Update Bulle=n 1 published on 2 February 2018). ## **Objec3ves and Ac3vi3es** The founda=on was created by Mr Neville Abraham to receive capital to be invested with the inten=on that the income from such investments be applied to making charitable dona=ons. Under the terms of the seWlement, the trustees are able to apply the funds to any charitable purpose and in such manner as the trustees may from =me to =me in their discre=on determine, with special reference to the promo=on, maintenance, improvement, and advancement of educa=on of the arts of drama, mime, dance, singing and music. The trustees have reviewed the policy of making dona=ons from income only and have decided to make larger dona=ons out of capital. The trustees consider the finances of the Founda=on to be strong enough to be able to execute this policy over the next few years. ## **Achievement and Performance** ## **Charitable ac3vi3es** The trustees have made distribu=ons of £3,100 to chari=es out of income generated from investment assets for the financial year ending 5 April 2023. The trustees have agreed to make larger dona=ons to several chari=es. Dona=ons are expected to be over £150,000 for the year ended 5 April 2024. In May 2023 the gi[ aid tax reclaim of £284,489 was received and dona=ons agreed can be made from the current cash held at CAF Bank. ## **Financial Review** The trustees received a major dona=on towards the end of the previous accoun=ng period and the charity remains in a strong financial posi=on. Total income for the year ended 5 April 2023 was £32,198 (2022: £1,425,633) with total funds of £2,171,876 (2022: £2,243,321). During the year the funds invested fell in value by approximately 3.5%. Given the vola=le stock market condi=ons this represents a fair outcome. With the economic outlook con=nuing uncertain, however, the trustees have reviewed the investment policy as outlined below. Cash reserves have decreased from £428,364 to £47,143 as the cash held in the investment fund has been invested. ## **Investment policy and objec3ves** The investment strategy by Evelyn Partners on behalf of the charity has been to manage the funds on a medium risk profile, aiming to grow the real value of capital ahead of infla=on. Funds have been managed with a long-term =me horizon and the investments are well diversified by asset class and include equi=es, fixed income, and alterna=ve assets (including gold, hedge funds and property). Returns were sought on a total return basis, with a balance of capital growth and income returns. Post year end, the trustees have reviewed the investment policy and have decided that it should be changed to a more cau=ous risk profile with the emphasis being on priori=sing capital preserva=on. The trustees have instructed Evelyn Partners to implement this new investment policy. The trustees have reviewed the guidance “Chari=es and investment maWers: a guide for trustees” issues by the Charity Commission and consider that the investment strategy undertaken by Evelyn Partners is appropriate. ## **Reserves policy** The Founda=on to date only makes dona=ons from income received on the investment poriolio however this will change in the next financial year and the reserve policy needs to change to ensure that sufficient capital is retained to meet the charitable commitments made by the Founda=on. ## **Future developments** The trustees acknowledge that currently the only source of income for The Founda=on is from Mr N Abraham and Ms N Leach. It is expected that following their deaths, the Founda=on would distribute the assets and be wound up within an agreed =mescale. The Deeds of the charity were amended in June 2023 to reflect this. ## **Structure governance and management** The charity is controlled by its governing document, a deed of trust and cons=tutes an unincorporated charity. The Neville Abraham Founda=on is governed by the Deed of SeWlement dated 4 April 1989 as subsequently amended. Trustees currently meet formally two =mes a year to consider grants to other chari=es, review investment performance and discuss maWers of a strategic and administra=on nature and informally at other =mes when necessary. ## **Risk management** The trustees have a duty to iden=fy and review risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees have considered the risks and are sa=sfied there are appropriate controls in place. ## **Reference and Administra3ve details** ## **Registered Charity number** 328636 ## **Principal address** Flat 15 85 Cadogan Gardens London SW3 2RD ## **Trustees** Ms N Leach Mr N Abraham CBE Ms F McWilliams Ms Y Majid ## **Independent reviewer** Mr D C Hobson BSc FCA CTA 8 Cae Mair Llanfair Dyffryn Clwyd Ruthin LL15 2AJ ## **Statement of Trustees’ responsibili3es** statements in accordance with applicable law and United Kingdom Accoun=ng Standards (United Kingdom Generally Accepted Accoun=ng Prac=ce). The law applicable to chari=es in England and Wales, the Chari=es Act 2011, Charity (Accounts and Reports) Regula=on 2008 and the provisions of the trust deed requires the trustees prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and applica=on of resources, including the income and expenditure of the charity for that period, in preparing these financial statements, the trustees are required to - select suitable accoun=ng policies and then apply them consistently; - observe the methods and principles in the Charity SORP; - make judgements and es=mates that are reasonable and prudent; - state whether applicable accoun=ng standards have been followed, subject to an material departures disclosed and explained in the financial statements; - inappropriate to presume that the charity will con=nue in business; The trustees are responsible for keeping proper accoun=ng records which disclose with reasonable accuracy at any =me the financial posi=on of the charity and to enable them to ensure that the financial statements comply with Chari=es Act 2011, the Charity (Accounts and Reports) Regula=ons 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the preven=on and detec=on of fraud and other irregulari=es. Approved by order of the board of trustees on 30 October 2023 N Abraham CBE - Trustee ||**The Neville Abraham Foundation**|**The Neville Abraham Foundation**|**The Neville Abraham Foundation**|Charity No (if
any)|
**328636**|**CC17a**| |---|---|---|---|---|---|---| ||Annual accounts for the period|||||| ||Period start date|**06/04/2022**|**To**|Period end date|**05/04/2023**|| |||||||| |**Section A**|**Statement of**|**financial activities**||||| |**Recommended**
**categories by activity**
**Details of own**
**analysis**
Note
**Incoming resources (Note 3)**
**Incoming resources from**
**generated funds**
Voluntary income
S01
Activities for generating funds
S02
Investment income
S03
**Incoming resources from**
**charitable activities**
S04
**Other incoming resources**
S05
S06
**Resources expended (Notes 4-8)**
**Costs of Generating Funds**
Costs of generating voluntary income
S07
Fundraising trading costs
S08
Investment management costs
S09
**Charitable activities**
S10
**Governance costs**
S11
**Other resources expended**
S12
S13
S14
S15
S16
S17
S18
S19
S20
S21
**_Total funds carried forward_**
**Total funds brought forward**
**_Net movement in funds_**
**_Net incoming/(outgoing) resources before_**
**_transfers_**
Gains and losses on investment assets
Gains and losses on revaluation of fixed assets
for the charity’s own use
**Other recognised** **gains/(losses)**
**_Net incoming/(outgoing) resources before other_**
**_recognised gains/(losses)_**
**Gross transfers between funds**
**_Total resources expended_**
**_Total incoming resources_**||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05||||| |||-|-|-|-|-| |||1,655|-|-|1,655|1,414,170| |||-|-|-|-|-| |||30,543|-|-|30,543|11,463| |||-|-|-|-|-| |||-|-|-|-|-| |||32,198|-|-|32,198|1,425,633| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||16,281|-|-|16,281|8,593| |||3,100|-|-|3,100|7,480| |||3,960|-|-|3,960|6,000| |||2,250|-|-|2,250|-| |||25,591|-|-|25,591|22,073| |||6,607|-|-|6,607|1,403,560| |||-|-|-|-|-| |||6,607|-|-|6,607|1,403,560| |||||||| |||-|-|-|-|-| |||79,852
-|-|-|79,852
-|24,849
-| |||73,245
-|-|-|73,245
-|1,378,711| |||2,245,121|-|-|2,245,121|866,410| |||2,171,876|-|-|2,171,876|2,245,121| CC17a (Excel) 31/10/2023 1 ## **Section B Balance sheet** |**Fixed assets**
**Tangible assets (Note 9)**
**Investments (Note 10)**
**_Total fixed assets_**
**Current assets**
**Stock and work in progress**
**Debtors (Note 11)**
**(Short term) investments**
**Cash at bank and in hand**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 12)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after one**
**year (Note 12)**
**Provisions for liabilities and charges**
**_Net assets_**
**Funds of the Charity**
**Unrestricted funds**
**Restricted income funds (Note 13)**
**Endowment funds(Note 13)**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Note
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05| |---|---|---|---|---|---|---| |||-|-|-|-|-| |||-|-|-|-|-| |||1,840,965|-|-|1,840,965|1,536,923| |||1,840,965|-|-|1,840,965|1,536,923| |||||||| |||-|-|-|-|-| |||284,489|-|-|284,489|282,834| |||-|-|-|-|-| |||47,143|-|-|47,143|428,364| |||331,632|-|-|331,632|711,198| |||||||| |||720|-|-|720|3,000| |||||||| |||330,912|-|-|330,912|708,198| |||||||| |||2,171,876|-|**-**|2,171,876|2,245,121| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||||||| |||2,171,876|-|-|2,171,876|2,245,121| |||||||| |||2,171,876|||2,171,876|2,245,121| |||-|||-|-| ||||-||-|-| |||||-|-|-| |||||||| |||2,171,876|-|-|2,171,876|2,245,121| |||||||| |||Signature||Date of
approval
Print Name||| |||||N Abraham CBE||30/10/2023| CC17a (Excel) 31/10/2023 2 ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with: - Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); - and with* ü Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE); - and with the Charities Act. ## **1.2 Change in basis of accounting** There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following). ## **1.3 Changes to previous accounts** No changes have been made to accounts for previous years (§§ except for the following). CC17a (Excel) 31/10/2023 3 ## **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies** _**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_ ## **INCOMING RESOURCES** |**Recognition of incoming**|These are included in the Statement of Financial Activities (SoFA) when:| |---|---| |**resources**|• the charity becomes entitled to the resources;| ||• the trustees are virtually certain they will receive the resources; and| ||• the monetary value can be measured with sufficient reliability.| |**Incoming resources with**|Where incoming resources have related expenditure (as with fundraising or contract income) the| |**related expenditure**|incoming resources and related expenditure are reported gross in the SoFA.| |**Grants and donations**|Grants and donations are only included in the SoFA when the charity has unconditional| ||entitlement to the resources.| |**Tax reclaims on donations and**|Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to| |**gifts**|which they relate.| |**Contractual income and**|This is only included in the SoFA once the related goods or services have been delivered.| |**performance related grants**|| |**Gifts in kind**|Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount
actually realised.| ||Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or| ||distributed by the charity.| ||Gifts in kind for use by the charity are included in the SoFA as incoming resources when| ||receivable.| |**Donated services and facilities**|These are only included in incoming resources (with an equivalent amount in resources expended)| ||where the benefit to the charity is reasonably quantifiable, measurable and material_._The value| ||placed on these resources is the estimated value to the charity of the service or facility received.| |**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.| |**Investment income**|This is included in the accounts when receivable.| |**Investment gains and losses**|This includes any gain or loss on the sale of investments and any gain or loss resulting from| ||revaluing investments to market value at the end of the year.| |**EXPENDITURE AND LIABILITIES**|| |**Liability recognition**|Liabilities are recognised as soon as there is a legal or constructive obligation committing the| ||charity to pay out resources.| |**Governance costs**|Include costs of the preparation and examination of statutory accounts, the costs of trustee| ||meetings and cost of any legal advice to trustees on governance or constitutional matters.| |**Grants with performance**|Where the charity gives a grant with conditions for its payment being a specific level of service or| |**conditions**|output to be provided, such grants are only recognised in the SoFA once the recipient of the grant| ||has provided the specified service or output.| |**Grants payable without**|These are only recognised in the accounts when a commitment has been made and there are no| |**performance conditions**|conditions to be met relating to the grant which remain in the control of the charity.| |**Support Costs**|Support costs include central functions and have been allocated to activity cost categories on a| ||basis consistent with the use of resources, eg allocating property costs by floor areas, or per| ||capita, staff costs by the time spent and other costs by their usage.| |**ASSETS**|| |**Tangible fixed assets for use**|These are capitalised if they can be used for more than one year, and cost at least £500. They| |**by charity**|are valued at cost or a reasonable value on receipt.| |**Investments**|Investments quoted on a recognised stock exchange are valued at market value at the year end.| ||Other investment assets are included at trustees' best estimate of market value.| |**Stocks and work in progress**|These are valued at the lower of cost or market value.| |**POLICIES ADOPTED**|
Not applicable| |**ADDITIONAL TO OR**|| |**DIFFERENT FROM THOSE**|| |**ABOVE**|| CC17a (Excel) 31/10/2023 4 ## **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of incoming resources** ## _**Incoming resources may be further analysed if this would help the reader of the accounts.**_ |**Activities for generating funds**
**Investment income**
**Incoming resources from**
**charitable activities**
**Voluntary income**|**Analysis**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| ||Donations received||1,131,336| ||Gift aid reclaim||282,834| ||Accrued interest ongift aid reclaim|1,655|-| |||-|-| |||-|-| ||**Total**|1,655|1,414,170| ||||| |||-|-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| ||Income from Evelyn Partners portfolio|30,543|11,463| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|30,543|11,463| ||||| |||-|-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| CC17a (Excel) 31/10/2023 5 ## **Section C Notes to the accounts (cont)** ## **Note 4 Analysis of resources expended** **Resources expended may be further analysed if this would help the reader of the accounts.** |**Investment**
**management costs**
**Costs of generating**
**voluntary income**
**Fundraising trading**
**costs**
**Governance costs**
**Charitable activities**|**Analysis**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| |||-|-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| |||-|-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| ||Donation to London School of Economics|1,250|1,250| ||Donation to Prisoners abroad charity|1,000|500| ||Donation to Maggini Quartet|750|1,000| ||Donation to Aldingbourne Trust|100|-| ||Donation to British Red Cross||1,000| ||Donation to National Theatre||2,480| ||Donation to Yehudi Menuin School||1,000| ||Donation to Royal Welsh College of Music and Drama||250| ||||| ||||| ||||| ||||| ||||| ||||| ||**Total**|3,100|7,480| ||||| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| CC17a (Excel) 31/10/2023 6 ## **Section C Notes to the accounts (cont)** ## **Note 5 Support Costs** _**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_ |**Support cost type**|**Fundraising activity**
**£**|**Charitable Activity**
**£**|**Governance Activity**
**£**|**Total Cost**
**£**| |---|---|---|---|---| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| |**Total**|-|-|-|-| ## **Note 6 Details of certain items of expenditure** ## **6.1 Trustee expenses** _**Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).**_ **Number of trustees who were paid expenses Nature of the expenses Total amount paid** |**This year**|**Last year**| |---|---| |**None**|**None**| ||| |**£0**|**£0**| ## **6.2 Fees for examination or audit of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).**_ |**_box(es)._**||| |---|---|---| |**Other fees (for example: advice, consultancy, accountancy services)**
**paid to the independent examiner or auditor**
**Independent examiner’s or auditors' fees for reporting on the**
**accounts**|**This year**
**£**|**Last year**
**£**| ||720|£6,000*| ||3,240|0| * Including £3,000 in relation to year ended 5/4/21 paid in the prior year CC17a (Excel) 31/10/2023 7 ## **Section C Notes to the accounts (cont)** **Note 7 Paid employees** _**The charity has no paid employees**_ ## **7.1 Staff Costs** |**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**
**7.2 Average number of full-time equivalent employees in the year**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**
**7.2 Average number of full-time equivalent employees in the year**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**|**This year**
**£**|**Last year**
**£**| |---|---|---|---| |||-|-| |||-|-| |||-|-| |||-|-| ||||| ||**employees in the year**|**This year**
**Number**|**Last year**
**Number**| ||**Fundraising**|-|-| ||**Charitable Activities**|-|-| ||**Governance**|-|-| ||**Other**|-|-| ||**Total**|-|-| ## **7.3 Defined contribution pension scheme** ## _**Please complete if a defined contribution pension scheme is operated.**_ **Brief details of the scheme** **The costs of the scheme to the charity for the year The amount of any contributions outstanding at the year end The amount of any contributions prepaid at the year end** ||**This year**|**Last year**| |---|---|---| ||**£**|**£**| |||| |||| |||| CC17a (Excel) 31/10/2023 8 ## **Section C Notes to the accounts (cont)** ## **Note 8 Grantmaking** _**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_ ## **8.1 Total value of grants** |**8.1 Total value of grants**||| |---|---|---| |**Purpose for which grants made**|**Grants to**
**institutions**
**Total amount £**|**Grants to**
**individuals**
**Total amount £**| |See Note 4|-|-| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| |**_Total_**|**-**|**-**| ## **8.1 Grantmaking costs** _**If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.**_ ## **Support costs of grantmaking** **£** ## **8.3 Grants made to institutions** _**If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.**_ |**Names of institutions**|**Purpose**|**Total amount of**
**grantspaid £**| |---|---|---| ||See Note 4|-| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |**_Total grants to institutions_**||**-**| CC17a (Excel) 31/10/2023 9 **Section C Notes to the accounts (cont)** ## **Note 9 Tangible fixed assets** ## _**Please complete this note if the charity has any tangible fixed assets**_ ## **9.1 Cost or valuation** |Balance brought
forward
Additions
Revaluations
Disposals
Transfers *
Balance carried forward|**Freehold land**
**& buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery and**
**motor vehicles**
**£**|**Fixtures,**
**fittings and**
**equipment**
**£**|**Payments on**
**account and**
**assets under**
**construction**
**£**|**Total**
**£**| |---|---|---|---|---|---|---| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ## **9.2 Accumulated depreciation and impairment provisions** |****Basis**
**** Rate**
Balance brought
forward
Depreciation charge for
year
Impairment provisions
Revaluations
Disposals
Transfers*
Balance carried forward
Brought forward
Carried forward
**9.3 Net book value**|SL or RB|SL or RB|SL or RB|SL or RB|SL or RB|SL or RB| |---|---|---|---|---|---|---| |||||||| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| |||||||| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ## **9.4 Revaluation** ## _**If any fixed assets have been revalued please give details of the valuer and method of valuation**_ _* The "transfers" row is for movements between fixed asset categories._ _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._ CC17a (Excel) 31/10/2023 10 ## **Section C Notes to the accounts (cont)** ## **Note 10 Investment assets** ## _**Please complete this note if the charity has any investment assets.**_ ## **10.1 Fixed assets investments** |**Add/(deduct):**net gain/(loss) on revaluation
Carrying (market) value at beginning of year
Carrying (market) value at end of year
**Add:**additions to investments at cost
**Less:**disposals at carrying value|**£**
1,536,923
647,635
- 263,735
- 79,852
1,840,970 6| |---|---| ||1,536,923| ||647,635| ||- 263,735| ||- 79,852| ||1,840,970| ## _**Please provide below:**_ ## **10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.** ## **10.3 A breakdown of the income from investments agreeing with SOFA row S03.** |**Investments in subsidiary or connected undertakings and companies**
**Analysis of investments**
**Other investments**
**Total**
**Investment properties**
**Securities not listed on a recognised Stock Exchange**
**Cash held as part of the investment portfolio**
**Investments listed on a recognised stock exchange or held in common investment**
**funds, open ended investment companies, unit trusts or other collective**
**investment schemes**|**10.2**
**Market value at**
**year end**
**£**|**10.3**
**Income from**
**investments for**
**the year**
**£**| |---|---|---| ||-|-| ||1,840,965|30,543| ||-|-| ||-|-| ||9,905|-| ||-|-| ||1,850,870|30,543| ## **10.4 Material investment holdings** **If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.** ## **Investment held** Not applicable ## **Market Value** CC17a (Excel) 31/10/2023 11 ## **Section C Notes to the accounts (cont)** ## **Note 11 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ |**Analysis of debtors**
**Trade debtors**
**Amounts due from subsidiary and associated**
**undertakings**
**Other debtors**
**Prepayments and accrued income**
**Total**
|
**Amounts falling due within**
**oneyear**|
**Amounts falling due within**
**oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||282,834|282,834|-|-| ||1,655|-|-|-| ||284,489|282,834|-|-| ## **Note 12 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ **12.1 Analysis of creditors** |**Loans and overdrafts**
**Trade creditors**
**Amounts due to subsidiary and associated undertakings**
**Other creditors**
**Accruals and deferred income**
**Total**|**Amounts falling due within**
**oneyear**|**Amounts falling due within**
**oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||720|3,000|-|-| ||720|3,000|-|-| ## **12.2 Security over assets** _**If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.**_ CC17a (Excel) 31/10/2023 12 ## **Section C Notes to the accounts (cont)** ## **Note 13 Endowment and restricted income funds** ## _**Please complete this section if the charity has any endowment or restricted income funds.**_ ## **13.1 Funds held** **Please give a brief description of any of the following type of funds held by the charity:** - **permanent endowment funds (PE);** - **expendable endowment funds (EE); and** - **restricted income funds, including special trusts, of the charity (R).** **Type PE, EE Fund Name Purpose and Restrictions or R Not applicable** ## **13.2 Movements of major funds** _**Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.**_ |**Fund names**|**Fund**
**balances**
**brought**
**forward**
**£**|**Incoming**
**resources**
**£**|**Outgoing**
**resources**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**| |---|---|---|---|---|---|---| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| |**Total Funds**|-|-|-|-|-|-| ## **13.3 Transfers between funds** ## _**Please give details of any transfers between funds.**_ **From Fund (Name) To Fund (Name) Reason Amount** CC17a (Excel) 31/10/2023 13 ## **Section C Notes to the accounts (cont)** ## **Note 14 Transactions with related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.**_ ## **14.1 Remuneration and benefits** _**Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.**_ |**Name of trustee or connected party**|**Legal authority (eg order,**
**governing document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**| |---|---|---|---| |||**This year**
**£**|**Last year**
**£**| |Not applicable|||| ||||| ||||| ## **14.2 Loans** _**Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.**_ |**Due to trustees and**
**related parties**
**Due from trustees and**
**related parties**|**Name of trustee or**
**connected party**|**Legal authority**|**Amount owing**|**Amount owing**| |---|---|---|---|---| ||||**This year**
**£**|**Last year**
**£**| ||Not applicable|||| ||Not applicable|||| ## **14.3 Other transaction(s) with trustees or related parties** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.**_ |**_has a material interest._**||||| |---|---|---|---|---| |**Name of the trustee or**
**related party**|**Relationship to charity**|**Description of the**
**transaction(s)**|**This year**
**£**|**Last year**
**£**| |Neville Abraham|Trustee|Donation|0|8,000| |Nicola Leach|Trustee|Donation|0|1,123,336| |||||| CC17a (Excel) 31/10/2023 14 ## **Section C Notes to the accounts (cont)** ## **Note 15 Additional Disclosures** **The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.** CC17a (Excel) 31/10/2023 15 ## ## ##