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2023-06-30-accounts

						2023	2022
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes
INCOME FROM
Donations and legacies			2	10,768	250	11,018	22,877
Investment income			3	50 053	9,063	59,116	58,477
Total				60,821	9,313	70,134	81,354
EXPENDITURE ON
Raising funds
Investment management		costs		7,735	2,625	10,360	10,972
				7,735	2,625	10,360	10,972
Charitable activities
Equine Vet Studies Award					4,092	4,092	5,413
Grant making				97,838	500	98,338	95,944
Total				105,573	7,217	112,790	112,329
Net gains/ (losses) on	investments			23,743	7 172	30915	~149,048)
NET (EXPENDITURE)/ INCOME AND NET				(21,009)	9,268	(11,741)	(180,020)
MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
Total funds brought	forward			1,588,800	374,068	1,962,868	2,142,888
TOTAL FUNDS CARRIED FORWARD				1567791	383,336	1,951,127	1,982,868

		2023	2022
	Notes
FIXEDASSETS
Investments	10	1,949,787	1,929,104
CURRENT ASSETS
Debtors		1,861	549
Cash at bank		6 364	39798
		8,225	40,347
CREDITORS
Amounts falling due within one year	12	(6,885)	(6,583)
NET CURRENT ASSETS		1 340	33,764
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,951,127	1,962,868
NET ASSETS		1 951 127	1 962868
FUNDS	14
Unrestricted funds		1,567,791	1,588,800
Restricted funds		383336	374 068
TOTAL FUNDS		1,951,127	1,962 868

DONATIONS	DONATIONS	AND LEGACIES
							2023	2022
Anvil Collections							3,600	4,163
Donations							6,169	6,980
Legacies								10,000
Gift aid							1,249	1,734
							11,018	22 877
INVESTMENT		INCOME
							2023	2022
								F
Dividends	and	fixed interest					59116	58477
INVESTMENT		MANAGEMENT	COSTS
							2023	2022
								F
Portfolio management							10,360	10,972
CHARITABLE		ACTIVITIES COSTS
					Grant
					funding	of
					activities		Support
				Direct	(see note		costs (see
				Costs	6)		note 7)	Totals
				E	E
Equine Vet Studies Award				4,092				4,092
Grant making				500	87,380		10,458	98,338
				4,592	87,380		10,458	102,430

6.	GRANTS PAYABLE	GRANTS PAYABLE
							2023	2022
								E
	Grant making						87,380	84,466
	Donations were	made	to the		following:
							2023	2022
	Farriery Examinations		Ltd				55,000	60,000
	Farriery Craft 8	Education		Ltd			25,000	10,000
	Ukraine Appeal							2,000
	St Martin in the	Fields	High	School for Girls			1,500	1,500
	First Aid Nursing	Yeomanry			(PRVC)		300	300
	The Brooke Hospital						1,000
	Other institutions	(&E1,000)					4580	5,380
							87,380	79,180
	Payments to needy farriers							4,486
	Donations to individuals							800
							583,380	884 466
							Governance
7.	SUPPORT COSTS
						Management	costs f	Totals
	Grant making					6,188	4,270	10,458
	Support costs, included		in the above, are as follows:
							2023	2022
								Total
							Grant making	activities
	Clerk's salary						5,480	6,512
	Bank charges						123	140
	Trustee Training							110
	Insurance						585	576
	Accountancy and legal		fees				1,900	1,800
	Independent Examination						2,370	~2190
							10,458	1~1328

				Unrestricted	Restricted	Total
				funds	funds	funds
				E	F
INCOME FROM
Donations and legacies				22,877		22,877
Investment income				49,164	9,313	58,477
Total				72,041	9,313	81,354
EXPENDITURE ON
Raising funds
Investment management			costs	8,126	2 846	10,972
				8,126	2,846	10,972
Charitable activities
Equine Vet Studies	Award				5,413	5,413
Grant making				95,794	150	95,944
Total				103,920	8,409	112,329
Net gains/(losses)	on	investments		~90,666)	~58,379)	~149,045
NET INCOME/(EXPENDITURE)				(122,545)	(57,475)	(180,020)
RECONCILIATION	OF FUNDS
Total funds brought		forward		1,711,345	431,543	2,142,888
TOTAL FUNDS CARRIED FORWARD				1,588,800	374 068	1,962,868

FIXEDASSET INVEST	MENTS
		Listed
		investments
		F
MARKET VALUE
At 1stJuly 2022 Additions		1,929,104 142,932
Disposals Realised and unrealised Movement in Cash	gains	(132,093) 30,9'15 ~21971)
At 30th June 2023		1,949,787
NET BOOK VALUE
At 30th June 2023		1„949,787
At 30th June 2022		1,929,104

DEBTO	RS	".AMOUN	TS FA	LLING DUE WITHIN ONE Y	EAR
							2023	2022
							E
Worshipful		Company	of Farriers				163	100
Gift aid	and	tax recoverable					~1698	449
							~1861	549
CREDITORS: AMOUNTS				FALLING DUE WITHIN ONE	YEAR
							2023	2022
								E
Other creditors							~6885	6,583
ANALYSIS		OF NET	ASSETS BETWEEN FUNDS
							2023	2022
				Unrestricted	Restricted		Total	Total
				funds		funds	funds	funds
				E
Investments				1,628,069	321,718		1,949,787	1,929,104
Current Current	assets liabilities			(54,056) ~6,222)	62,281 ~663)		8,225 ~6,885)	40,347 ~6,583)
				1 567791	38,	3,336	1,951127	1,926868

MOVE	MENT	IN FUND	S
									Net
									movement	At
								At 1.7.22	in funds	30.6.23
Unrestricted		funds
General	fund							1,588,800	(21,009)	1,567,791
Anvil Fund
								1,588,800	(21,009)	1,567,791
Restricted funds
Oliver Award		Fund						14,170	790	14,960
Desert	Orchid	General	Fund					153,455	5,425	158,880
Desert	Orchid	Apprenticeship			Fund			135,349	589	135,938
Desert	Orchid	International			Institute of
Farriery								71,094	2,464	73,558
								374,068	9,268	383,336
TOTAL	FUNDS							1,962,868	~11741)	1 951 127
Net movement		in funds,	included			in the above are as follows:
							Incoming	Resources	Gains and	Movement
							resources	expended	losses	in funds
									E	E
Unrestricted		funds
General	fund						60,821	(105,573)	23,743	(21,009)
Anvil Fund
							60,821	(105,573)	23,743	(21,009)
Restricted funds
Oliver Award		Fund					492	(500)	798	790
Desert	Orchid	General	Fund				3,850	(1,102)	2,677	5,425
Desert	Orchid	Apprenticeship			Fund		3,257	(5,090)	2,422	589
Desert Farriery	Orchid	International		Institute of			1714	~525)	1 275	2464
							9,313	7217	7 172	9,268
TOTAL	FUNDS						70134	~112790)	30915	~11741)

								Net
								movement	At
							At 1.7.21	in funds	30.6.22
								E
Unrestricted		funds
General	fund						1,711,345	(122,545)	1,588„800
Anvil Fund
							1,711,345	(122,545)	1,588,800
Restricted funds
Oliver Award		Fund					13,977	193	14,170
Desert	Orchid	General	Fund				175,401	(21,946)	153,455
Desert	Orchid	Apprenticeship		Fund			160,620	(25,271)	135,349
Desert Farriery	Orchid	International		Institute of			81,545	~10,451)	71,094
							431,543	57,475	374,068
TOTAL	FUNDS						2,142,888	~180,020)	1 962,868
Net movement		in funds,	included		in the above are as follows:
						Incoming	Resources	Gains and	Movement
						resources	expended	losses	in funds
Unrestricted		funds
General	fund					72,041	(103,920)	(90,666)	(122,545)
Anvil Fund
						72,04'I	(103,815)	(90,666)	(122,545)
Restricted funds
Oliver Award		Fund				552	(150)	(209)	193
Desert	Orchid	General	Fund			3,680	(1,195)	(24,431)	(21„946)
Desert	Orchid	Apprenticeship		Fund		3,329	(6,495)	(22,105)	(25,271)
Desert Farriery	Orchid	International		Institute of		1,752	~569)	~11,634)	~10451)
						9,313	~8,409	58,379	57475
TOTAL	FUNDS					81,354	~112,329)	I149,045)	~180020)

				2022
		Unrestricted	Restricted	Total
		funds	funds	funds
		E
Investments		1,611,941	317,163	1,929,104
Current Current	assets liabilities	(17,214) ~5,927)	57,561 ~656)	40,347 ~6583)
		1,588,800	374,068	1,962 868

						2023	2022
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
						F	E
INCOME AND	ENDOWMENTS
Donations and legacies
Anvil Collections				3,600		3,600	4,163
Donations				5,919	250	6,169	16,980
Gift Aid				1,249		1,249	1,734
				10,768	250	11,018	22,877
Investment income
Dividends and	fixed	interest		50 053	9,063	59,116	58,477
Total incoming	resources			60,821	9,313	70,134	81,354
EXPENDITURE
Investment management			costs
Portfolio management				7,735	2,625	10,360	10,972
Charitable activities
EVSA					4,092	4,092	5,413
Grants to institutions				87,380		87,380	83,666
Prizes					500	500	150
Grants to individuals							800
				95,115	7,217	102,332	90,029
Support costs
Management
Management				5,480		5,480	6,512
Insurance				585		585	576
Bank charges				123		123	140
				6,188		6,188	7,228
Governance	costs
Accountancy	and legal fees			1,900		1,900	1,800
Trustee Training							110
Independent Examination				2,370		2 370	2 190
				4270		4,270	4,100
Total resources	expended			105,573	7217	112790	112,329
Net income/(losses)		before gains and losses		(44,752)	2,096	(42,834)	(30,975)
Gains and losses
Carried forward				(44,752)	2,096	(42,656)	(30.975)

						2023	2022
				Unrestricted	Restricted	Total	Total
				funds f	funds f	funds	fundsf
Gains and	losses
Brought forward				(44,752)	2,096	(42,656)	(30,975)
Unrealised	(losses)/	gains on fixed asset		26,506	6,483	32,989	(150,251)
investments
Realised gains/(losses)			on fixed asset
investments				J2,763)	689	~2,074)	1 206
Net (expenditure)l		income		)21,009)	9268	~11741)	(180,020)