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|Trustees||David Hartles|||
|---|---|---|---|---|
|||Karen Ann Wragg|||
|||George Duncan|||
|Principal Address||10Orange Street|||
|||Haymarket|||
|||London<br>WC2H 7DQ|||
|Registered|Charity No.|1022715|||
|Solicitors||Charles Russell Speechlys|LLP||
|||5 Fleet Place|||
|||London<br>EC4M 7RD|||
|Investment|Advisers|Walker Crips Investment|Management|Ltd|
|||Old Change House|||
|||128Queen Victoria Street|||
|||London<br>EC4V 4BJ|||
|Independent|Examiner|Trevor Clarke|||
|||SRG LLP|||
|||10Bolt Court|||
|||London<br>EC4A 3DA|||
|Accountants|and||||
|Administrators||Shipleys<br>LLP|||
|||10Orange Street|||
|||Haymarket|||
|||London<br>WC2H 7DQ|||
|Bankers||Adam 8 Co|||
|||22 King Street|||
|||London SW1T6QY|||





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||STATEMENT OF FINANCIAL ACTIVITIES|STATEMENT OF FINANCIAL ACTIVITIES|STATEMENT OF FINANCIAL ACTIVITIES|STATEMENT OF FINANCIAL ACTIVITIES||||
|---|---|---|---|---|---|---|---|
|||FOR THE YEAR ENDED||5APRIL 2023||||
|||||Total||Total||
|||||Unrestricted|Funds|Unrestricted|Funds|
||||Page|2023||2022||
|Income and Expenditure||||||||
|Income||||||||
|Investment<br>Income|||||194,931.44||180,425.40|
|Expenditure||||||||
|Costs of raising funds||||||||
|Investment<br>management||costs||5,640.00||5,640.00||
|Direct charitable<br>expenditure||||||||
|Grants and governance|costs||9|225,591.26||255,267.52||
|Total Expenditure|||||(231,231.26)|(260,907.52)||
|Net income and Net Movement||||||||
|before gains and losses on investments|||||(36,299.82)||(80,482,12)|
|Gains and Losses on Investments||||||||
|Realised gains/(losses)<br>-investments|||||4,275.66||(40,053.23)|
|Unrealised<br>gains/(losses)<br>- investments|||10||(308,74140)||379,075.77|
|Net Movements<br>in Fund|||||(340,765.56)||258,540,42|
|Unrestricted<br>fund balance||||||||
|brought forward at 6April 2022||||4,109,685.11||3,851,144,69||
|Unrestricted<br>fund balance||||||||
|carried forward at 5 April||2023||3,768,919.55||4,109,685.11||









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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted|
||||||f|f|
|2|Investment<br>income||||||
||Income from securities:||||||
||UK||||140,304.92|147,658.00|
||Overseas||||36,567.89|15,256.53|
||||||176,872.81|162,914.53|
||Bank interest (Gross)||||558.63|10.87|
||Rentalincome<br>(Gross)||||17,500.00|17,500.00|
||||||194,931.44|180,425.40|
|3|Charitable<br>Activities||||||
||Charitable<br>activities include the following|||items:|||
||Grants||||187,602.00|217,523.00|
||Governance|costs|||37,989.26|37,744,52|
||Balance of PhD grant refunded||||||
||||||225,591.26|255,267.52|
||Grants||||||
||Undergraduate<br>hardship|grants to individuals|||177,602,00|211,023.00|
||PhD student<br>awards to|individuals|||10,000.00|6,500.00|
||||||187,602.00|217,523.00|
||Governance<br>costs||||||
||Accountancy<br>and administration||fees||22,369.26|22,244.52|
||Consulta ncy fees||||12,500.00|12,500.00|
||Independent<br>Examiners|Fees|||3,120.00|3,000.00|
||Legal fees||||||
||Bank charges||||||
||||||37,989.26|37,744.52|



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|2023|2022|
|---|---|
|Unrestricted|Unrestricted|
|f|E|



|5|Analysis of|cash||||||
|---|---|---|---|---|---|---|---|
||Adam &Co|current account||||7,000.00|7,000.00|
||Adam LCo|reserve deposit account||||36,779.76|19,233.86|
||Walker Crips income deposit||||account|4,858.07|4,174.90|
||Walker Crips managed|||deposit account||52,934.62|275,828.35|
|||||||101,572.45|306,237.11|
|6|Analysis of|liabilities||||||
||Accountancy|fees||||13,112.82|9,022,92|
||Independent|Examiner's||fees||9,420.00|11,100.00|
||Legal fees|||||||
||Rent prepaid|||||3,798.08|3,798,08|
||Grants|||||||
||Consultancy|fees||||7,500.00|7,500.00|
||Stockbroker's<br>fees|||||1,410.00|1,410,00|
|||||||35,240,90|32,831,00|
|7|Fixed asset|investments||||2023|2022|
|||||||E|E|
||Market value at 6April|||2022||3,662,279.00|3,596,449.00|
||Acquisitions|at cost||||455,717.09|108,243.23|
||Cost ofsales from disposals|||||280,666.74|421,489.00|
||Unrealised|gain/(loss)|in the year|||308,741,40|379,075,77|
||Market value at 5 April|||2023||3,528,588.00|3,662,279,00|
||Investments|at market||value|comprised:|||
|||UK Equities||||2,430,222.00|2,518,220.00|
|||UK fixed interest||||733,112.00|820,661.00|
|||Overseas equities|||and fixed interest|365,254.00|232,398.00|
|||||||3,528,588.00|3,571,279.00|





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