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2023-04-05-accounts

			Page
Legal and	Administrative	Information
Trustees'	Report		2to 3
Statement	ofTrustees'	Responsibilities
Report of	the Independent Examiner tothe Trustees
Statement	of Financial	Activities
Balance Sheet
Notes to the Financial		Statements	8to 18

			Note	2023	2022
					E
INCOME
Investment income				73,828	74,340
EXPENDITURE
Raising funds				7,067	10,256
Charitable activities				42,250	43,500
Governance and support costs				8,163	9,860
Total expenditure				57,480	63,616
Net income before investments	losses/gains	on		16,348	10,724
Net (losses)/gains	on investments			(7,987)	256,920
Net income				8,361	267,644
Net movement in funds				8,361	267,644
Reconciliation offunds				2,799,786	2,532,142
Total funds brought	forward
Total funds carried	forward			2,808,147	2,799,786

				2023	2022
			Note	E
Fixed assets
Tangible assets			9	80,102	80,102
Investment properties			11	2,295,000	2,295,000
Other fixed asset investments			12	418,971	426,959
Total fixed assets				2,794,073	2,802,061
Current Assets
Debtors			13	15,805	16,311
Cash at bank and in	hand			34,745	11,418
Total current assets				50,550	27,729
Creditors - amounts	falling due within		14	(36,476)	(30,004)
one year
Net Current assets/(liabilities)				14,074	(2,275)
Total net assets				2,808,147	2,799,786
The funds ofthe charity
Total charity funds - unrestricted		funds		2,808,147	2,799,786
Signed on behalf of	the Board of Trustees.
Mrs Muriel Beck				Mrs Mozhgan	Sepahzad
Treasurer and Trustee				Trustee

2. Investment Income
					2023	2022
					E	E
Rental income from investment		properties			65,558	64,745
Dividends received from listed		investments			6,327	7,340
Interest received and other	investment		income		1943	2 255
					73 828	74340
Investment income arose as follows:
Investment assets situated	in the United		Kingdom		73,828	72,674
Investment assets situated	outside the		United	Kingdom		1666
					73 828	~74340
3. Costs of raising funds
					2023	2022
					E	E
Property repairs, maintenance		and insurance			7067	10256
4. Charitable Activities
					2023	2022
Grants paid to individuals					42,000	43,000
Other charitable expenditure					250	500
					~42 250	43500

					2023	2022
					E
Legal fees					(175)	980
Independent	examiner's			fees	5,400	5,400
Travel, subsistence,			motor and general
administrative		expenses.			2 938	3480
					~8163	9860
6. Net income
The net income		is	stated	after charging:
					2023	2022
						E
Independent	examiner's			fees	5 400	5400

			2023	2022
			f
Travelling,	administrative	and property
maintenance expenses			~2938	3.480
Number of	trustees to whom expenses were reimbursed		1

				2023	2022
				E	f
Unrealised	(losses)/gains	on revaluation
oflisted investments				(7,987)	66,922
Unrealised	gains on revaluation		ofinvestment
properties					189998
Total gains				7987	256 920

			Office
	Musical		equipment
	instruments	Motor	fixtures and
	(Note 10)	Vehicles	fittings	Total
	E	E	E	E
Cost or valuation
At 6 April 2022	80,100	7,650	3,897	91,647
At 5April 2023	80,100	7,650	3,897	91,647
Depreciation
At 6 April 2022		7,648	3,897	11,545
At 5April 2023		7,648	3,897	11,545
Net book value
At 5April 2023	80,100			80,102
At 5 April 2022	80,100			80,102
Historical cost
At 5 April 2023	51,979			51,981
At 5 April 2022	51,979			51,981

					Fair value		Historical	cost
					At 5	At 5	At 5	At 5
					April	April	April	April
					20223	2022	2023	2022
					F.	E		E
Cello	by	Charles	Adolphe	Maucotel,
made	in	1847			80,000	80,000	51,888	51,888
Flute					100	100	91	91
					80,100	80,100	51,979	51,979

Name of property		Fair At 5	value At 5	Historical cost At 5 At 5	Historical cost At 5 At 5
		April 2023	April 2022	April 2023	April 2022
Freehold properties:		E	E
57 Bowens Wood, Addington, Croydon CRO 9LQ		410,000	410,000	240,525	240,525
191Osward, Court Wood Croydon CRO 9HF	Lane,	390,000	390,000	346,970	346,970
143Middlefields, Croydon,	CRO 9LJ	390,000	390,000	357,080	357,080
5 Fairacres, Bardolph Avenue, Croydon CRO 9JY		390,000	390,000	382,487	382,487
12 Fairacres, Bardolph Avenue, Croydon, CRO 9JY		390,000	390,000	370,298	370,298
Leasehold property:
12 Holmbury Grove, Addington, Surrey, CRO 9AN		325,000	325,000	170,561	170,561
		E2,295,000	E2,295,000	E1,867,921	E1,867,921

12.Fixed asset investment	12.Fixed asset investment
			2023	2022
			E
Market value at 6 April	2022		426,959	357,264
Additions				2,773
Disposals
Net unrealised investment losses/gains			~7988	~66 922
Market value at 5April	2023		418 971	~426959
Historical cost at 5 April 2022			296750	296750
Listed investments are represented		by:
Equity shares			90,964	95,954
Investment trusts and unit trusts			~328 007	~331005
Total			418971	4~26 959
			2023	2022
			E	E
Fixed asset investments	are held as	follows;
Investments held within	the UK		201,787	204,785
Investments held outside the UK			86975	91965
Total			288 762	~296 750

				2023	2022
				f	E
Tax Credit Relief on investment			income	805	1.311
Other debtors				15000	15000
				15805	16311
14.Creditors: amounts		falling due within one year
				2023	2022
				E
Accrued	expenses			10,800	5,400
Amount	owed to trustee	Mrs M C Beck (Note 15)		~25 674	24 604
				36474	30004

		Trustees	Relationship
	Name	connected with	to trustee	2023	2022
				E	f
J	R Hewitt	M Sepahzad	Grandson	5,000	11,000
		5 Kirk	Son
A	Kirk
		M C Beck	Grandson	6,000
8	Kirk Emes	5 Kirk	Son	6,000	6,000
		M C Beck	Grandson
A	Atkinson	5 Whitebloom	Son	10,000	10,000
A	Atkinson	5Whitebloom	Son	5,000	6,000
F	Atkinson	5Whitebloom	Son	3,000	5,000
				35,000	38,000