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|Patron||||The Rt Hon The Lord Mayor|The Rt Hon The Lord Mayor|ofthe City|ofthe City|ofthe City|of London|
|---|---|---|---|---|---|---|---|---|---|
|Trustees||||Sir Michael Savory||||||
|||||John Bennett MBE||||||
|||||Professor David Bogle||||||
|||||Alastair Coliett LLB||||||
|||||Ms Margaret<br>Donnelly||||||
|||||Simon Duckworth<br>OBE|DL CC|||||
|||||Andrew<br>Gillett||||||
|||||Alderman<br>and Sheriff Alison||Gowman||||
|||||Alderman<br>Professor Michael||Mainelli||||
|||||Nicholas<br>Royle||||||
|||||Ms Ruby Sayed CC||||||
|||||Alderman<br>Sir David Wootton||||||
|Adviser||||Lieutenant<br>Colonel R.L.|Martin||MBE|||
|Bankers||||HSBC Bank pic||||||
|||||181 High Street, Berkhamsted|||HP4 3HQ|||
|Investment|Advisers|||Charles Stanley<br>8 Company||Ltd||||
|||||55 Bishopsgate,<br>London|EC2N||3AS|||
|Hon Solicitor||||Alastair. Collett LLB||||||
|||||BDBPitmans<br>LLP, One|Bartholomew|||Close, London EC1A 7BL||
|Hon Independent||Reviewer||John Cardnell<br>FCA||||||
|||||Lygon House, 50 London|Road,||Bromley||Kent BR1 3RA|
|Date ofTrust Deed||||11th November<br>1988||||||
|Charity Registration|||Number|800504||||||
|Registered|Office|||St Margaret's<br>Church,<br>Lothbury,|||London,||EC2R 7HH|





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|||||Income|Income|Expendable|Total 2022|Total 2021|||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Fund||Endowment|||||
|||||(unrestricted)||Funds|||||
|Income and Endowment|||||||||||
|Income from investments||||65,723|||65,723|64,770|||
|Interest Charles Stanley||&Co|||132||132||||
|Donations||||10000|||10000||||
|Total Income and||||75|855||75855|64 770|||
|Endowments|||||||||||
||||||||||' v '|[ Iv',|
|Expenditure|||||||||||
|Charitable<br>activities expenditure:|||||||||||
|Awards<br>paid||||47,350|||47,350|19,700|||
|Prizes|||||185||185||||
|SSYAT||||1|350||1 350|1 350|||
|||||48|885||48,885|21,050|||
|Management<br>&Administration.|||||||||||
|Adviser||||12,000|||12,000|12,000|||
|Mansion<br>House Reception||||1,542|||1,542|1,145|||
|Printing,<br>stationery<br>8|office||||169||169|194|||
|Postage|||||214||214|206|||
|Bank charges|||||196||196||||
|Rent||||2|000||2 000|2000|||
|Cost ofraising funds:||||16|121||16,121|15,545|||
|Investment<br>management<br>costs||fees &||||13489|13489|13185|||
|Total Expenditure||||65006||13489|78495|49965|||
|Net (Outgoing)/Income<br>/Expenditure<br>before||||10,849||(13,489)|(2,640)|14,805|||
|gains/losses<br>on investments|||||||||||
|Gains and Losses on|||||||||||
|Investments|||||||||||
|Realised gairs/losses|(Note 3)|||||(8,653)|(8,653)|95,290|||
|Unrealised<br>gains/losses||||||(209707)|~209 707|84513|||
|Net Movement<br>In Funds||||10,849||(231,849)|(221,000)|194,608|||
|Reconciliation ofFunds|||||||||||
|Balances Brought Forward|||1||||||||
|January<br>2022||||94872||1 948 803|2 043675|1 849067|||
|Balances Carried Forward 31<br>December 2022||||105721||1 716954|1 822 675|2 043675|||





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|Fixed Assets||2022|2021|
|---|---|---|---|
||||F|
|Investments<br>(Note|2)|1,731,905|1,895,140|
|Current Assets||||
|Charles Stanley<br>&Co Ltd||106,617|169,577|
|Cash at HSBC Bank||14,106|7,276|
|Net current assets||120,925|176,853|
|Current Liabilities||||
|Sundry creditors||( 3,150)|(1,313)|
|Total net assets||||
|||117,775|175,540|
|||1,849,680|2,070,680|
|Represented<br>by:||||
|Expendable<br>Funds|(Note 3)|||
|General<br>Endowment|Fund|1,472,660|1,494,802|
|Revaluation<br>Reserve||244,294|454,001|
|Unrestricted<br>income||105,721|94,872|
|||1,822,675|2,043,675|
|Permanent<br>Endowment||5|5|
|South ofScotland Youth Awards Trust||27,000|27,000|
|||E1,849,680|62,070,680|





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||||||||||
|---|---|---|---|---|---|---|---|---|
|2.<br>Investments|||||||||
||||||2022|||2021|
|Market value as at 1 January||2022|||1,895,140||1,770,683||
|Additions<br>at cost|||||215,006|||312,194|
|Sales|||||(159,881)||(367,540)||
|Investment<br>gains/(losses)|(realised/unrealised)||||~218|360||179803|
|Market value as at 31 December 2022||||~l731905|||~1895140||
|Historical cost as at 31 December 2022||||31|461|611|61 441 133||
|3.<br>Movement offunds||during|the year||||||
|Reserves|||General|Investment||Unrestricted||Total|
||||Endowment|Revaluation||Income|||
|Balance as at 1 January|||1,494,802|454,001|||94,872|2,043,675|
|In/decrease<br>in unrealised|gains|||(209,707)||||(209,707)|
|Realised gain/loss<br>on sale|of||||||||
|investments<br>against original cost|||(8,653)|||||(8,653)|
|Inv. Management<br>costs|||(13,489)|||||(13,489)|
|Income surplus/deficit|||||||10849|10849|
|Balance as at 31 December|||~1472660|~244 294|||~105721|~1822675|



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