| INDEX | ||
|---|---|---|
| Page | ||
| Trustees' Annual Report |
1-2 | |
| Independent Examiner's |
Report | |
| Receipts and Payments Account | ||
| Statement ofAssets and | Liabilities | |
| Notes tothe Accounts | ||
| Schedule ofinvestments |
| The charity's | advisers | during the year ended 9October 2022 were: | during the year ended 9October 2022 were: | |||
|---|---|---|---|---|---|---|
| Hallmark Whatley Hulme |
LLP, 3-5 Sansome | Place, Worcester, | ||||
| Solicitors | WR1 1UQ | |||||
| Administrator | Bryony Gaskell, 57Geraldine Road, Malvern, |
Worcestershire, | ||||
| WR14 3NU | ||||||
| Bankers | Lloyds Bank pic, The Cross, Worcester, WR1 | 3PY | ||||
| Stockbrokers | Canaccord Genuity Wealth | Management, | Princes Drive, | |||
| Worcester, WR1 2AB | ||||||
| Independent | Examiner | R.l. Richards, The Richards | Sandy Partnership | Limited, Chartered | ||
| Certified Accountants, Thorneloe House, |
25 | Barbourne | Road, | |||
| Worcester, WR1 1RU |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| UNRESTRICTED | RESTRICTED | TOTAL | TOTAL | ||||
| INCOME | FUND | CAPITAL | FUND | FUNDS | FUNDS | ||
| f | f | f | f | ||||
| Receipts | |||||||
| investmentincome: | |||||||
| Dividends and interest |
from | ||||||
| listed investments | 25,038 | 25,038 | 26,434 | ||||
| Bank and other deposit interest | 262 | 262 | |||||
| Proceeds ofsale ofinvestments | 115,005 | 115,005 | 176,980 | ||||
| Total receipts | 25,300 | 115,005 | 140,305 | 203,420 | |||
| Payments | |||||||
| Direct charitable expenditure: |
|||||||
| Grants to students | 20,834 | 20,834 | 25,192 | ||||
| investment management |
charges | 3,121 | 3,121 | 3,780 | |||
| Administration | 2,787 | 1,713 | 4,500 | 3,000 | |||
| Independent Examination |
432 | 432 | 420 | ||||
| Purchase ofinvestments | 106,364 | 106,364 | 186,612 | ||||
| Total payments | 24,053 | 111,198 | 135,251 | 219,004 | |||
| Net receipts/(payments) | forthe year | 1,247 | 3,807 | 5,054 | (15,584) | ||
| Bank balances at 9October 2021 | 53,708 | 5,157 | 58,865 | 74,449 | |||
| Bank balances at 9October 2022 | 54,955 | 8,964 | 63,919 | 58,865 |
| ASAT9OC | TOBER2022 | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| RESTRICTED | ||||||
| UNRESTRICTED | CAPITAL | TOTAL | TOTAL | |||
| INCOME | FUND | FUND | FUNDS | FUNDS | ||
| f | f | f | f | |||
| Cash and bank deposits: | ||||||
| Bank current | account | 10,314 | 10,314 | 10,959 | ||
| Stockbroker deposit account Charities deposit fund |
181 44,460 |
8,964 | 9,145 44,460 |
3,707 44,199 |
||
| 54,955 | 8,964 | 63,918 | 58,865 | |||
| Investment | assets: | |||||
| Investments | at market value (see page 7) | 564,581 | 564,581 | 622,872 | ||
| Uabilities: | ||||||
| Independent | Examiner's fees | 432 | 432 | 432 |
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