2022-10-31-accounts

			Page
Report ofthe	Trustees		1to 5
Independent	Examiners	Report	6
Statement of	FinancialActivities		7
Balance Sheet			g
Notes to the Financial Statements			9to 14
Detailed Statement of		Financial Activities	15

independent examiners report page 6 page 6

Statement of Financial Activities	Statement of Financial Activities
for the Year Ended 31October 2022					31/10/2022	31/10/2021
			Unrestricted	Endowment
	Notes		Funds	Fund
			E	E
INCOMING RESOURCES
Income
Income from investments		2	82,398	0	82,398	81,343
RESOURCES EXPENDED
Expenditure
Investment management	costs		669	24,452	25,121	26,574
Charitable activities
Grants payable			81,956	0	81,956	71,111
Support costs			27,531	0	27,531	30,243
Governance costs			12,372	0	12,372	14,797
Resources expended			122,528	24,452	146,980	142,725
NET INCOMING/(OUTGOING)
RESOURCES			-40,130	-24,452	-64,582	-61,382
Other recognised gains/losses
Gains/losses on investments			0	-818,170	-818,170	825,622
Net movement in funds			-40,130	-842,622	-882,752	764,240
RECONCILIATION OF FUNDS
Total funds brought forward			42,887	4,487,872	4,530,759	3,766,519
TOTAL FUNDS CARRIED FORWARD			2,757	3,645,250	3,648,007	4,530,759

At 31Octob	er 2022
				31/10/2022	31/10/2021
		Notes
				E	E
FIXED ASSETS
Investments				3,628,350	4,283,456
Investment	Property			0	150,000
				3,628,350	4,433,456
CURRENT ASSETS
Debtors			10	1,351	2,022
Cash at Bank			11	44,948	122,224
				46,299	124,246
CREDITORS
Amounts falling due within 1year			12	-22,643	-26,943
NET CURRENT ASSETS				23,656	97,303
TOTAL ASSETS LESSCURRENT
LIABILITIES				3,652,006	4,530,759
NET ASSETS				3,652,006	4,530,759
FUNDS			14
Unrestricted	Funds			2,757	42,887
Endowment	Funds			3,645,250	4,487,872
TOTAL FUNDS				3,648,007	4,530,759

	for the Year Ended	31Oct	ober		20	22
							31/10/2022	31/10/2021
							E	E
2	INCOME FROM INVESTMENTS
	Dividends received						80,044	76,974
	Property rents						1,820	4,368
	Interest						4	1
	Donations						530	0
							82,398	81,343
3	INVESTMENT MANAGEMENT			COSTS
	Portfolio management						24,452	25,763
	Rent collection fees						240	577
	Property insurance						280	169
	Property repairs						929	65
							25,901	26,574
4	TRUSTEES REMUNERATION		AND BENEFITS
	No trustees remuneration,		nor	benefits nor any
	expenses were paid	to the	trustees			in either
	the year ended 31October		2022		nor 2021
5	STAFF COSTS
	Wages and salaries						2,636	2,147
	The average number	ofmonthly			employees
	during the year was
6	KEY MANAGEMENT	PERSONNEL
	No remuneration was paid		to any		Key
	Management Personnel

The Mary Elizabeth Siebel	Charity
Notes to the Financial Statements
for the Year Ended 31October 2022
8 FIXEDASSET INVESTIVIENTS
LISTED STOCKS AND SHARES
MARKET VALUE
At 1November 2021		4,283,456
Additions		1,056,940
Disposals		-901,874
Revaluations		-810,172
At 31October 2022		3,628,350
NET BOOK VALUE
At 31October 2022		3,628,350
At 31October 2021		4,283,456
There were no investment	assets held outside the UK
The historic cost ofthe Fixed Asset Investments at
31October 2022 was E3,282,707. (2021E2,860,899.)
Additions are recorded at cost, disposals are shown at market
value brought forward from the previous year, or cost if
purchased during the year.
9 INVESTMENT PROPERTY
MARKET VALUE
At 1November 2021		150,000
Sold		146,001
Loss on sale		-3,999
NET BOOK VALUE
31October 2022
31October 2021		150,000
The one remaining investment property was sold in September 2022.

									31/10/2022 f	31/10/2021 f
10 DEBTORS:AMOUNTS				FALLING DUE WIYHIN			ONE YEAR
Prepaid insurance									1,351	2,022
						General		Permanent	Total	Total
								Endowment	Funds	Funds
						f		f	f	f
11CASH AT BANK
Brewin Dolphin		Capital					0	27,841	27,841	59,816
Brewin Dolphin		Dividend				5,337		0	5,337	7,220
HSBC Money	Manager			Account			390	0	390	4,886
HSBC Current	Account					11,380		0	11,380	50,302
						17,107		27,841	44,948	122,224
12 CREDITORS:	AMOUNTS				FALLING	DUE WITHIN ONE YEAR
Grants authorised			but	unpaid					16,065	21,095
Taxes and Nl									116	48
Empty property		rates							762	0
Independent	examiners				fees				2,200	1,000
Tallents admininstration					fees				3,500	4,800
									22,643	26,943
13 ANALYSIS OF	NET		ASSETS BETWEEN FUNDS
						Unrestricted		Endowment	Total	Total
						Funds		Funds	Funds	Funds
						f		f	f	f
Investments							0	3,628,350	3,628,350	4,433,456
Current assets						18,458		27,841	46,299	124,246
Current liabilities						-22,643		0	-22,643	-26,943
						-4,185		3,656,191	3,652,006	4,530,759

12	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	FALLING	DUE WITHIN ONE YEAR
	Grants authorised but	unpaid			16,065		21,095
	Taxes and Nl					116	48
	Empty property rates					762	0
	Independent examiners		fees		2,200		1,000
	Tallents admininstration		fees		3,500		4,800
					22,643		26,943

14 MOVEMENT	14 MOVEMENT	14 MOVEMENT	IN FUNDS							Net
										movement
									At 1.11.21	in funds	At 30.10.22
									E	E	E
Unrestricted			funds
General									42,887	-40,130	2,757
Endowment			funds
Permanent		Endowment		fund					4,487,872	-842,622	3,645,250
TOTAL FUNDS									4,530,759	-882,752	3,648,007
Net movement in funds,				included			in	the
above are as			follows:
							Incoming		Resources	Gains	Movement
							resouces		expended	and losses	in funds
									E		E
Unrestricted			funds
General								82,398	-122,528	0	-40,130
Endowment		funds
Permanent	Endowment			fund				0	-24,452	-818,170	-842,622
TOTAL FUNDS								82,398	-146,980	-818,170	-882,752
Comparatives			for movement		in	funds				Net
										movement
									At 1.11.20	in funds	At 30.10.21
									E	E	E
Unrestricted			funds
General									78,506	-35,619	42,887
Endowment		funds
Permanent	Endowment			fund					3,688,012	799,859	4,487,871
TOTAL FUNDS									3,766,518	764,240	4,530,758
Comparative			net movement		in	funds,		included	in the
above are as		follows:
							Incoming		Resources	Gains	Movement
							resouces		expended	and losses	in funds
									E	E	E
Unrestricted		funds
General								81,343	-116,962	0	-35,619
Endowment	funds
Permanent	Endowment			fund				0	-25,763	825,622	799,859
TOTAL FUNDS								81,343	-142,725	825,622	764,240

			31/10/2022	31/10/2021
			f	f
INCOMING RESOURCES
Dividends received			80,044	76,974
Rental income			1,820	4,368
Interest			4	1
Donations			530	0
TOTAL INCOMING RESOURCES			82,398	81,343
RESOURCES EXPENDED
Investment management	costs
Portfolio management			24,452	25,763
Rent collection fees			240	577
Property insurance			280	169
Property repairs			149	65
			25,121	26,574
Charitable activities
Wages			2,636	2,147
Insurance			2,303	2,221
Telephone			0	179
Stationery and software			2,150	2,209
Marketing and website			3,264	2,520
Sundries			419	362
Solicitors fees: Administration			16,759	20,605
Grants to institutions			1,500	1,500
Grants to individuals			80,456	69,611
			109,487	101,354
Governance costs
Independent examiners	fees		1,200	1,060
Solicitors fee:Accounts	and compliance		11,172	13,737
			12,372	14,797
TOTAL RESOURCES EXPENDED			146,980	142,725
Net (expenditure)/income	before gains and losses		-64,582	-61,382
Realised and unrealised	gains and (losses) on
fixed asset investments			-814,171	825,622
Net income /(loss) for the year			-878,753	764,240
This page does not form part ofthe statutory		financial	statements
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