| Trustees | Jim Jermyn | |||
|---|---|---|---|---|
| Jonathan Miller |
||||
| Sally Petitt | ||||
| Paul Cook | ||||
| Kit Strange | ||||
| David Knott | ||||
| Secretary | Rebecca Slack | |||
| Email: info@merlin-trust. | org.uk | |||
| Charity number | 803441 | |||
| Principal address | c/o Head of Horticulture | |||
| Cambridge University |
Botanic Garden | |||
| 1 Brookside | ||||
| Cambridge | ||||
| CB2 1JE | ||||
| Independent | examiner | Azets Audit Services | ||
| Thorpe House | ||||
| 93 Headlands | ||||
| Kettering | ||||
| Northamptonshire | ||||
| United Kingdom |
||||
| NN15 6BL | ||||
| Bankers | Lloyds Bank PLC | |||
| 3 —4 Market Street, Kettering, | ||||
| Northants, NN16 OAH |
||||
| Investment | advisors | Brewin Dolphin, | ||
| Time Central, Gallowgate, |
||||
| Newcastle-Upon-Tyne, | NE1 4SR |
| Page | |||
|---|---|---|---|
| Trustees' report |
1-4 | ||
| Independent examiner's |
report | ||
| Statement offinancial |
activities | ||
| Balance sheet | |||
| Notes to the financial | statements |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2021 | ||||
| Notes | f | F | |||
| Income from: | |||||
| Donations and legacies |
9,236 | 4,399 | |||
| Other trading activities |
541 | 336 | |||
| Investments | 18,312 | 18,110 | |||
| Other income | 15,273 | ||||
| Total income | 28,089 | 38,118 | |||
| Ex enditure on: | |||||
| Raising funds | 8,236 | 7,113 | |||
| Charitable activities |
|||||
| Grant making | 8,190 | 6,097 | |||
| Total charitable | expenditure | 8,190 | 6,097 | ||
| Total resources | expended | 16,426 | 13,210 | ||
| Net gains/(losses) | on investments | 12 | 39,915 | 169,510 | |
| Net movement in |
funds | 51,578 | 194,418 | ||
| Fund balances at | 6April 2021 | 857,379 | 662,961 | ||
| Fund balances at | 5April 2022 | 908,957 | 857,379 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | F | F | |||||||
| Fixed assets | |||||||||
| Tangible assets | 13 | 1 | 1 | ||||||
| Investments | 14 | 876,179 | 804,179 | ||||||
| 876,180 | 804,180 | ||||||||
| Current assets | |||||||||
| Debtors | 16 | 1,488 | 1,541 | ||||||
| Cash at bank | and | in | hand | 43,649 | 62,950 | ||||
| 45,137 | 64,491 | ||||||||
| Creditors: | amounts | falling due within | |||||||
| one year | 17 | (12,360) | (11,292) | ||||||
| Net current | assets | 32,777 | 53,199 | ||||||
| Total assets | less | current liabilities | 908,957 | 857,379 | |||||
| Income funds | |||||||||
| Unrestricted | funds | ||||||||
| Designated | funds | 18 | 879,869 | 803,852 | |||||
| General unrestricted |
funds | 29,088 | 53,527 | ||||||
| 908,957 | 857,379 | ||||||||
| 908,957 | 857,379 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| Donations | and gifts | 9,236 | 4,399 |
| Donations | and gifts | ||
| Peter Wilson | 2,200 | 1,000 | |
| Tim Brotzman | 780 | 2,578 | |
| The Heather Society | 746 | 821 | |
| The Saxifrage Society | 5,500 | ||
| Other | 10 | ||
| 9,236 | 4,399 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| Income from royalties | 541 | 336 | |
| 5 | Investments |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| Income | from listed investments | 18,306 | 18,101 |
| Interest | receivable | 6 | 9 |
| 18,312 | 18,110 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| F | |||
| Investment | management | 8,236 | 7,113 |
| 8,236 | 7,113 |
| Grant | Grant | ||||
|---|---|---|---|---|---|
| making | making | ||||
| 2022 | 2021 | ||||
| F | F | ||||
| Grant | funding | ofactivities (see note 9) | 2,266 | ||
| Share | ofsupport costs (see note 10) | 3,362 | 3,373 | ||
| Share | ofgovernance | costs (see note 10) | 2,562 | 2,724 | |
| 8,190 | 6,097 |
| Grant | Grant | |||||
|---|---|---|---|---|---|---|
| making | making | |||||
| 2022f | 2021 F |
|||||
| Grants | to | individuals | (3 | grants) | 2,266 | |
| 2,266 |
| Details ofthe 2022 | grant | awards, | including | the travel destination, | the travel destination, | the travel destination, | are | set out below: | set out below: | |
|---|---|---|---|---|---|---|---|---|---|---|
| Caroline Pheasey | Tresco Abbey | Gardens, | Isles of Scilly | F426 | ||||||
| Tracey Fahey | South | Devon | F590 | |||||||
| Aaron Marshall |
The McGregor | Saxifrage | Study Award | F1,250 | ||||||
| Support costs | ||||||||||
| Support Governance | 2022 | Support | Governance | 2021 | ||||||
| costs | costs | costs | costs | |||||||
| F | F | F | F | F | ||||||
| Secretarial support |
3,000 | 3,000 | 3,000 | 3,000 | ||||||
| Publicity and website |
||||||||||
| costs | 86 | 187 | 187 | |||||||
| Stationery, postage, |
||||||||||
| software, travel |
and | |||||||||
| other costs | 276 | 276 | 186 | 186 | ||||||
| Independent examiner's |
||||||||||
| remuneration | 2,562 | 2,562 | 2,724 | 2,724 | ||||||
| 3,362 | 2,562 | 5,924 | 3,373 | 2,724 | 6,097 | |||||
| Analysed between |
||||||||||
| Charitable activities |
3,362 | 2,562 | 5,924 | 3,373 | 2,724 | 6,097 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| F | F | |||
| Revaluation | of | investments | 36,871 | 146,117 |
| Gain/(loss) | on | sale of investments | 3,044 | 23,393 |
| 39,915 | 169,510 |
| Tangible | fixed assets | ||
|---|---|---|---|
| Computers | and similar | ||
| equipment | |||
| F | |||
| Cost | |||
| At 6April | 2021 | 1,282 | |
| At 5April | 2022 | 1,282 | |
| Depreciation and impairment |
|||
| At 6April | 2021 | 1,281 | |
| At 5April | 2022 | 1,281 | |
| Carrying | amount | ||
| At 5April | 2022 | ||
| At 5April | 2021 |
| Fixed ass | et investments | |||
|---|---|---|---|---|
| Listed | Cash in | Total | ||
| investments | portfolio | |||
| F | ||||
| Cost or valuation | ||||
| At 6April | 2021 | 782,721 | 21,458 | 804,179 |
| Additions | 67,018 | 3,618 | 70,636 | |
| Valuation | changes | 36,871 | 36,871 | |
| Disposals | (35,507) | (35,507) | ||
| At 5April | 2022 | 851,103 | 25,076 | 876,179 |
| Carrying | amount | |||
| At 05April | 2022 | 851,103 | 25,076 | 876,179 |
| At 05April | 2021 | 782,721 | 21,458 | 804,179 |
| 15 | Financial | instruments | 2022 | 2021 | ||
|---|---|---|---|---|---|---|
| Carrying amount of |
financial assets | |||||
| Instruments | measured | at fair value through | profit or loss | 851,103 | 782,721 | |
| 16 | Debtors | |||||
| 2022 | 2021 | |||||
| Amounts | falling due | within one year: | F | F | ||
| Other debtors | 1,488 | 1,541 | ||||
| 17 | Creditors: | amounts | falling due within one year | |||
| 2022 | 2021 | |||||
| F | ||||||
| Accruals and deferred | income | 12,360 | 11,292 |
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| 19 | Analysis of net assets | between funds | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Total | Unrestricted | Designated | Total | ||
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2021 | 2021 | 2021 | |||
| Fund balances at 5 | |||||||
| April 2022 are | |||||||
| represented by: |
|||||||
| Tangible assets | 1 | 1 | 1 | 1 | |||
| Investments | 876,179 | 876,179 | 804,179 | 804,179 | |||
| Current assets/ | |||||||
| (liabilities) | 29,087 | 3,690 | 32,777 | 53,526 | (327) | 53,199 | |
| 29,088 | 879,869 | 908,957 | 53,527 | 803,852 | 857,379 |