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||||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|





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independent examiners report
page 6
page 6

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|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<br>RESOURCES|||||||
|Income|||||||
|Income from investments||2|82,398|0|82,398|81,343|
|RESOURCES EXPENDED|||||||
|Expenditure|||||||
|Investment<br>management|costs||669|24,452|25,121|26,574|
|Charitable<br>activities|||||||
|Grants payable|||81,956|0|81,956|71,111|
|Support costs|||27,531|0|27,531|30,243|
|Governance<br>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<br>gains/losses|||||||
|Gains/losses<br>on investments|||0|-818,170|-818,170|825,622|
|Net movement<br>in funds|||-40,130|-842,622|-882,752|764,240|
|RECONCILIATION<br>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|





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|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<br>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|





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||for the Year Ended|31Oct|ober||20|22|||
|---|---|---|---|---|---|---|---|---|
||||||||31/10/2022|31/10/2021|
||||||||E|E|
|2|INCOME FROM INVESTMENTS||||||||
||Dividends<br>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<br>insurance||||||280|169|
||Property<br>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<br>number|ofmonthly|||employees||||
||during the year was||||||||
|6|KEY MANAGEMENT|PERSONNEL|||||||
||No remuneration<br>was paid||to any||Key||||
||Management<br>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<br>at|||
|31October 2022 was E3,282,707. (2021E2,860,899.)|||
|Additions<br>are recorded at cost, disposals are shown at market|||
|value brought<br>forward from the previous year, or cost if|||
|purchased<br>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<br>investment<br>property was sold in September 2022.|||





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||||||||||31/10/2022<br>f|31/10/2021<br>f|
|---|---|---|---|---|---|---|---|---|---|---|
|10 DEBTORS:AMOUNTS||||FALLING DUE WIYHIN|||ONE YEAR||||
|Prepaid<br>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<br>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<br>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<br>but|unpaid|||16,065||21,095|
||Taxes and<br>Nl|||||116|48|
||Empty property rates|||||762|0|
||Independent<br>examiners||fees||2,200||1,000|
||Tallents admininstration||fees||3,500||4,800|
||||||22,643||26,943|



## 



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|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<br>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|





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||||31/10/2022|31/10/2021|
|---|---|---|---|---|
||||f|f|
|INCOMING<br>RESOURCES|||||
|Dividends<br>received|||80,044|76,974|
|Rental income|||1,820|4,368|
|Interest|||4|1|
|Donations|||530|0|
|TOTAL INCOMING<br>RESOURCES|||82,398|81,343|
|RESOURCES EXPENDED|||||
|Investment<br>management|costs||||
|Portfolio management|||24,452|25,763|
|Rent collection fees|||240|577|
|Property<br>insurance|||280|169|
|Property<br>repairs|||149|65|
||||25,121|26,574|
|Charitable<br>activities|||||
|Wages|||2,636|2,147|
|Insurance|||2,303|2,221|
|Telephone|||0|179|
|Stationery<br>and software|||2,150|2,209|
|Marketing<br>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<br>costs|||||
|Independent<br>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||
|page15|||||