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2023-04-05-accounts

	Page
Reference and Administrative Information
Trustees' Annual Report	2 —4
Report ofthe Independent Examiner
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements	8-13

			Unrestricted	Funds
			Expendable		Total	Total
		NOTE	Endowment	Income	2023	2022
				6	6
INCOME
Investment Income				37,039	37,039	31,134
TOTAL INCOME				37,039	37,039	31,134
EXPENDITURE
Cost of Generating	Funds		7,003		7,003	7,242
Charitable activities			5,966	29,572	35,538	38,126
TOTAL EXPENDITURE			12,969	29,572	42,541	45,368
NET EXPENDITURE			(12,969)	7,467	(5,502)	(14,234)
Gains/(Losses) on investment		assets
Realised (losses)/gains			(9,171)		(9,171)	1,477
Unrealised (losses)/gains			(43,766)		(43,766)	38,437
NET MOVEMENT	BEFORETRANSFER		(65,906)	7,467	(58,439)	25,680
NET MOVEMENT	IN FUNDS		(65,906)	7,467	(58,439)	25,680
RECONCILIATION OF FUNDS
Total funds brought	forward		1,448,869	1,440	1,450,309	1,424,629
TOTAL FUNDS CARRIED FORWARD			1,382,963	8,907	1,391,870	1,450,309

	NOTE	2023	2022
FIXEDASSETS
Investments		1,380,314	1,346,556
CURRENT ASSETS
Cash at Bank	10	15,976	108,468
		15,976	108,468
CURRENT LIABILITIES
Creditors: amount falling due within one year		(4,420)	(4,715)
NET CURRENT ASSETS		11,556	103,753
TOTAL ASSETSLESSLIABILITIES		1,391,870	1,450,309
Representing:
UNRESTRICTED FUNDS
Expendable Endowment		1,382,963	1,448,869
Income		8,907	1,440
		1,391,870	1,450,309

		2023	2022
			E
Income	from Investments	35,853	31,076
Interest	on cash deposits	1,186	58
		37,039	31,134

			2023	2022
Investment	Management	Fees (after fee adjustment/rebates)	5,042	3,189
Custody &	Administration	Fees	1,961	4,053
			7,003	7,242

			2023
Hands Up Foundation			15,000
Thrive North Ox			6,000
Haemochromatosis	Society		2,500
Sandpiper Trust			2,500
Amber Trust			1,500
Alice Marshall Hall			1,000
Pet &Companion	(PEACE)		1,000
			29,500
Support and governance		costs (seenote 7)	6,038
			35,538

						2023	2022	2023	2022
						No.	No.	6
The advancement	of	health or the saving oflives				5	2	22,500	5,000
The advancement	of	education					1		4,000
The prevention or	relief ofpoverty						3		8,000
The advancement		of dtizenship	or	community		1	1	1,000	2,000
development
The advancement	of	the arts, culture,	heritage or science				2		2,000
The relief of those	in	need by reason	ofyouth, age, ill-			2	2	6,000	7,000
health, disability, financial hardship			or other
disadvantage
The advancement	of	human rights, conflict resolution							1,000
or the promotion ofreligious or racial harmony					or
equality and diversity
The advancement	of	animal welfare							3,000
						8	14	29,500	32,000

			Unrestricted	Unrestricted
			Expendable		Unrestricted	2023	2022
			Endowment		Income	Total	Total
					6		5
Independent Examiner's		Fee
current year				2,000		2,000	2,000
prior year under	accrual			850		850	628
Legal and Professional	Fees			3,116		3,116	3,388
Bank Charges					72	72	110
ToCharitable activities				(5,966)	72)	(6,038)	(6,126)
FIXEDASSETINVESTMENTS
Movement in fixed asset		investments
		Unquote d		Quoted		Total	Total
		2023	2022	2023	2022	2023	2022
						6
Balance brought forward		50	1,864	1,346,506	1,416,777	1,346,556	1,418,641
Add: Acquisitions at cost				363,414	77,024	363,414	77,024
Less Disposal Proceeds		(414)	(214)	(276,305)	(188,809)	(276,719)	(189,023)
Realised Gains/(Losses)	on	394	(70)	(9,565)	1,547	(9,171)	1,477
disposals
Unrealised (Losses)/Gains		(17)	(1,530)	43,749	39,967	(43,766)	38,437
Market Value at 5April		13	50	1,380301	1,346506	1,3S0,314	1,346556
Historical Cost at 5Rprii		2,465	2,891	L177,782	1,063,772	1,180,247	1,066,663
		2023	2022	2023	2022	2023	2022
Geographical Analysis		Unquoted	Unquoted	Quoted	Quoted	Total	Total
United Kingdom		13	13	1,379,845	1,345,452	1,379,858	1,345,465
investments
Overseas investments			37		1,054	456	1,091
		13	50	1,380,301	1,346,506	1,380,314	1,346,556

Name		Holding	Value
			(5)
FF Sr PGlobal Equities Fund IIClass A	Income	89,816	350,462
TBailey Fund Services Ltd Evenlodge	Global Income FGB	82,179	120,093
TM Redwell Fund		114,328	118,101
Pimco Global Advisors IRLLtd GISIncome Hedged		11,265	102,739
IShareVII PLC Treasury 3-7yr UCITS	ETF	17,442	81,943
Artemis Fund Managers Global Units		76,180	80,469
Bluebay Funds Management Company	SA GBL	845	78,589

	Unrestricted
	Expendable	Unrestricted	2023
	Endowment	Income	Total
Accruals	4,420		4,420
	4,420		4,420
	Unrestricted
	Expendable	Unrestricted	2022
	Endowment	Income	Total
		E
Accruals	4,715		4,715
	4,715		4,715

	Unrestricted
	Expendable	Unrestricted	2023
	Endowment	Income	Total
Investments	1,380,314		1,380,314
Cash at bank	7,069	8,907	15,976
Creditors	(4,420)		(4,420)
	1,382,963	8,907	1,391,870

	Unrestricted
	Expendable	Unrestricted	2022
	Endowment	Income	Total
	5
Investments	1,346,556		1,346,556
Cash atbank	107,028	1,440	108,468
Creditors	(4,715)		(4,715)
	1,448,869	1,440	1,450,309