##
|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|3|
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|7|to|11|
|Detailed Statement ofFinancial Activities||12||
##
||||||
|---|---|---|---|---|
|TRUSTEES||Professor SHenig|||
|||D A Grace|||
|||Professor A Pabst|||
|||A M Sladen|||
|||Ms M Kirtilli|||
|||Professer TK Hervey|||
|||Dr R G Corbett|||
|||1T Bishop|||
|||Dr P Copeland|||
|||Professor J E Smith|||
|PRINCIPAL ADDRESS||84 Hazelwood|Close||
|||Cambridge|||
|||Cambridgeshire|||
|||CB43SP|||
|REGISTERED|CHARITY|1084835|||
|NUMBER|||||
|INDEPENDENT|EXAMINER|Wettone Matthews||Limited|
|||Chartered
Certified||Accountants|
|||Market House|||
|||21 Lenten Street|||
|||Alton|||
|||GU34 1HG|||
|INVESTMENT|ADVISERS|Quilter Cheviot|||
|||Senator House|||
|||85 Queen Victoria||Street|
|||London|||
|||EC4V 4AB|||
##
##
##
##
##
##
##
##
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
||||||fund|fimtts|
|||||Notes|||
|INCOME AND ENDOWMENTS|||FROM||||
|Investment
income|||||25,659|I7,092|
|Other income|||||403|655|
|Total|||||26,062|I7,747|
|EXPENDITURE|ON||||||
|Raising funds||||||373|
|Charitable
activities|||||||
|Charitable
activities|||||13,615|I8,I48|
|Total|||||13,615|I8,52I|
|Net gains/(losses)|on investments||||(70,883)|3I,892|
|NET INCOME/(EXPENDITURE)|||||(58,436)|3I,II8|
|RECONCILIATION||OF FUNDS|||||
|Total funds brought
forward|||||947,867|9I6,749|
|TOTAL FUNDS|CARRIED FORWARD||||889,431|947,867|
|||2023|2022|
|---|---|---|---|
|||Uarestricted|Total|
|||fund|funds|
||Notes|||
|FIXEDASSETS||||
|Investments||759410|822,994|
|CURRENT ASSETS||||
|Debtors|||4,053|
|Cash at bank||131421|122,020|
|||131421|126,073|
|CREDITORS||||
|Amounts
falling due within one year||(1400)|(j,200)|
|NET CURRENT ASSETS||130,121|124,873|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||889,431|947,867|
|NET ASSETS||889,431|947,867|
|FUNDS||||
|Unrestricted
fimds||889,431|947,867|
|TOTAL FUNDS||889,431|947,867|
##
##
##
##
##
##
##
##
|||||||2023f|2022
6|
|---|---|---|---|---|---|---|---|
|Investment
advice|||||||373|
|TRUSTEES' REMUNERATION|||AND BENEFITS|||||
|There were no trustees'||remuneration|or other benefits|for the year ended|5 April|2023 nor for the year
ende||
|5 April 2022.||||||||
|Trustees'
expenses||||||||
|||||||2023|2022|
||||||||6|
|Trustees' expenses||||||251|463|
|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||||
||||||||Unrestricted|
||||||||fundf|
|INCOME AND ENDOWMENTS|||FROM|||||
|Investment
income|||||||17,092|
|Other income|||||||655|
|Total|||||||17,747|
|EXPENDITURE ON||||||||
|Raising funds|||||||373|
|Charitable
activities||||||||
|Charitable
activities|||||||18,148|
|Total|||||||18,521|
|Net gains on investments|||||||31,892|
|NET INCOME|||||||31,118|
|RECONCILIATION||OF FUNDS||||||
|Total funds brought|forward||||||916,749|
|TOTAL FUNDS CARRIED FORWARD|||||||947,867|
##
##
|||||||Listed|
|---|---|---|---|---|---|---|
|||||||investments|
|||||||6|
|MARKET VALUE|||||||
|At 6 April|2022|||||822,994|
|Additions||||||7,199|
|Revaluations||||||(70,883)|
|At 5 April|2023|||||759,310|
|NET BOOK VALUE|||||||
|At 5 April|2023|||||759,310|
|At 5 April|2022|||||822,994|
|There were no investment|||assets outside the UK.||||
|Cost or valuation||at 5 April 2023 is represented||by:|||
|||||||Listed|
|||||||investments|
|||||||f|
|Valuation|in 2023|||||24,967|
|Cost||||||734,343|
|||||||759,310|
|DEBTORS:AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||
||||||2023|2022|
|||||||f|
|Other debtors||||||4,053|
##
##
|CREDI|TORS||: AMOUNTS|FA|LLING DUE WITHIN ONE|YEAR|||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
||||||||f||
|Other creditors|||||||1,200|/,200|
|MOVEMENT|||IN FUNDS||||||
||||||||Net||
||||||||movement|At|
|||||||A( 6/4/22|in funds|5/4/23|
|||||||f.||f|
|Unrestricted||funds|||||||
|General|fund|||||947,867|(58,436)|889,431|
|TOTAL|FUNDS|||||947,867|(58,436)|889,431|
|Net movement|||in funds, included||in the above are as follows;||||
||||||Incoming|Resources|Gains and|Movement|
||||||resources
f.|expended|losses
f|in funds
f|
|Unrestricted||funds|||||||
|General|fund||||26,062|(13,615)|(70,883)|(58,436)|
|TOTAL|FUNDS||||26,062|(13,615)|(70,883)|(58,436)|
|Comparatives|||for movement|in|funds||||
||||||||Net||
||||||||movement|At|
|||||||At 6/4/21|in funds|5/4/22|
|||||||f||f|
|Unrestricted||funds|||||||
|General|fund|||||916,749|31,118|947,867|
|TOTAL|FUNDS|||||916,749|31,118|947,867|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended
f.|losses
f|in funds
f.|
|Unrestricted||funds|||||
|General|fund||17,747|(18,521)|31,892|31,118|
|TOTAL|FUNDS||17,747|(18,521)|31,892|31,118|
##
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 6/4/21|in funds|5/4!23|
||||f|f|f|
|Unrestricted||funds||||
|General|fund||916,749|(27,318)|889,431|
|TOTAL|FUNDS||916,749|(27,318)|889,431|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources
f|expended
f.|losses
f|in funds
f|
|Unrestricted||funds|||||
|General|fund||43,809|(32,136)|(38,991)|(27,318)|
|TOTAL|FUNDS||43,809|(32,136)|(38,991)|(27,318)|
##
||||||2023|2022f|
|---|---|---|---|---|---|---|
|INCOME AND ENDOWMENTS|||||||
|Investment
income|||||||
|Other fixed asset invest||- Fll|||24,918|17,072|
|Deposit account interest|||||741|20|
||||||25,659|17,092|
|Other income|||||||
|Royalties
from intellectual|||property|rights|403|655|
|Total incoming
resources|||||26,062|17.747|
|EXPENDITURE|||||||
|Investment
management|||costs||||
|Investment
advice||||||373|
|Charitable
activities|||||||
|Trustees' expenses|||||251|463|
|Website development|||||231|195|
|Meeting expenses|||||149|862|
|Conferences|||||3,229||
|Grants to institutions|||||8,483|15,332|
||||||12,343|16,852|
|Support costs|||||||
|Finance|||||||
|Bank charges|||||72|96|
|Governance
costs|||||||
|Accountancy
and legal fees|||||1,200|1,200|
|Total resources expended|||||13,615|18,521|
|Net income/(expenditure)|||before|gains and|||
|losses|||||12,447|(774)|
|Realised recognised|gains||and losses||||
|Realised gains((losses)||on|fixed asset investments|||(88,364)|
|Unrealised
gains/(losses)||on fixed||asset|||
|investments|||||(70,883)|/20,256|
|Net (expenditure)/income|||||(58,436)|31,118|