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2023-03-31-accounts

		Page
Directors' Report		1-3
independent Fxaminer's	Report
Statement of Financial Activities
Balance Sheet		6-7
Notes to the Financial Statements		8-15

						Permanent
			Unrestricted		Restricted	endowment	2023	2022
		Notes		Funds	Funds	Funds	Total	Total
				f	f	f	f	f
Income and endowments
Donations and legacies								1,000
Investment income				65,060	7,333		72,393	67,867
Total income				65,060	7,333		72,393	68,867
Expenditure
Costs of raising funds
Investment management		costs				6,181	6,181	6,093
Charitable activities
Grants			6	57,350	9,730		67,080	50,642
Support Costs			6	8,863			8,863	9,621
Total expenditure				66,213	9,730	6,181	82,124	66,356
Net income/(expenditure)		for the year
before investment	gains	and transfers		(1,153)	(2,397)	(6,181)	(9,731)	2,511
Transfers between	funds		11	238	(6,419)	6,181
Net income/(expenditure)
before investment	gains	and losses		(915)	(8,816)		(9,731)	2,511
Realised and unrealised		gains	9	(3,145)	(28,438)	(118,118)	(149,701)	153,991
on investments
Net movement on	funds			(4,060)	(37,254)	(118,118)	(159,432)	156,502
Reconciliation offunds
Fund balances at 1	April	2022		61,288	175,094	1,340,384	1,576,766	1,420,264
Fund balances at31March 2023				57,228	137,840	1,222,266	1,417,334	1,576,766

							BALANCE SHEET	BALANCE SHEET
						Company		No: 05009290
						as	at 31	March 2023
						Notes		2023	2023	2022	2022
								E	E	E	E
Fixed assets
Investments									1,392,193		1,544,505
Current assets
Cash at bank		and in		hand				26,221		33,221
								26,221		33,221
Creditors: Amounts				falling due
within one	year					10		(1,080)		(960)
Net current	assets								25,141		32,261
Net assets									1,417,334		1,576,766
Reserves
Restricted funds
Permanent	Endowment				fund	13			1,222,266		1,340,384
Frances Lyn	Bettridge
Memorial Trust			fund			12/13			137,840		175,094
Unrestricted		funds
General fund									19,390		18,761
Ann Edgington			Griffiths		fund				37,838		42,527
									1,417,334		1,576,766

2022	2021
f	E
	1,000

Investment	income	Unrestricted	Restricted	Endowment	2023	2022
		funds	funds	funds	Total	Total
		6	f	f
Quoted fixed asset investments		65,060	7,333		72,393	67,867

				Permanent
		Unrestricted	Restricted	endowment	2022
		Funds	Funds	Funds	Total
		E	E	E	E
Income and endowments
Donations and legacies		1,000			1,000
Investment income		61,389	6,478		67,867
Total income		62,389	6,478		68,867
Expenditure
Costs ofraising funds
Investment management	costs			6,093	6093
Charitable activities
Grants awarded		48,660	1,982		50,642
Support Costs		9,621			9,621
Total expenditure		58,281	1,982	6,093	66,356
Net income/(expenditure)	forthe year
before investment gains	and transfers	4,108	4,496	(6,093)	2,511
Transfers between funds		(6,093)		6,093
Net income/(expenditure)
before investment gains	and losses	(1,985)	4,496		2,511
Realised and unrealised	gains/	5,817	2,074	146,100	153,991
(losses) on investments
Net movement on funds		3,832	6,570	146,100	156,502
Reconciliation offunds
Fund balances at 1April	2021	57,456	168,524	1,194,284	1,420,264
Fund balances at 31March 2022		61,288	175,094	1,340,384	1,576,766

Investment	management	costs	2023f	2022f
Commissions	and contract	charges	6,181	6,093

Grant making activities
	2023	2022
	f
Grants
Grants awarded (2023:41 in number, 2022:23 in number)	67,080	51,642
Grant returned		(1,000)
	67,080	50,642
Support costs
Trust administration	7,300	7,427
Governance costs (note 8)	1,563	2,194
Grant making activities	75,943	60,263

8	Governance	costs			2023	2022
					E	E
	Independent	examination		fee	1,080	960
	Directors' professional		liability insurance		413	1,117
	Other administration		costs		70	117
					1,563	2,194

Investments
		Total	Total
		2023	2022
		E	E
Quoted Investments
Market value at 1April 2022		1,539,092	1,390,271
Additions		533,183	130,514
Proceeds ofdisposals		(572,799)	(135,684)
(Loss)/Gains on revaluations	and disposals	(149,701)	153,991
Market value at 31March 2023		1,349,775	1,539,092
Cash on deposit held by investinent
managers		42,418	5,413
Total Investments at31March 2023		1,392,193	1,544,505
Historic cost		1,303,823	1,283,548
UK equities		329,217	626,851
UK fixed interest securities		139,750	68,047
Overseas Equities		433,425	238,044
Overseas fixed interest securities		20,802	80,529
Alternative investments		426,581	525,621
Market value at 31March 2023		1,349,775	1,539,092

				Ann Edgington
				Grifflths	General	Total
				fund	fund	2023
				f	f	f
	Balance at 1April 2022			42,527	18,761	61,288
	Net income for the year	before transfers		(1,644)	491	(1,153)
	Transfer from restricted	Funds		100	6,319	6,419
	Transfer to permanent	endowment	fund		(6,181)	(6,181)
	Unrealised Loss on investments			(3,145)		(3,145)
	Balance at 31March 2023			37,838	19,390	57,228
12	Restricted Income funds
	Frances Lyn Bettridge Memorial Trust Fund
	Balance at 1April 2022					175,094
	Net expenditure for the	year before	transfers			(2,397)
	1ransfer to General Fund					(6,419)
	Realised and unrealised	loss on investments				(28,438)
	Balance at 31March 2023					137,840

			Permanent
	Unrestricted	Restricted	endowment	Total	Total
	funds	fund	fund	2023	2022
	E	f	f	f	f
Investments	32,087	137,840	1,222,266	1,392,193	1,544,505
Net current assets/(liabilities)	25,141			25,141	32,261
	57,228-	137,840	1,222;266	-11417,334	1,576,766