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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2023|2022|
||Note|£|Ee|
|Incomefrom:||||
|Donations||-|2,880|
|Charitableactivities:||||
|Imrayroyalties||39,344|38,082|
|Bloomsburyroyalties||4,051|4,882|
|Investments||14,866|14,815|
|Directsalesandotherincome||1,167|878|
|Totalincome||59,428|61,537|
|Expenditureon:||||
|Raisingfunds:||||
|Investmentmanagementfees||3,764|4,009|
|Charitableactivities:||||
|Projectcosts|2|29,454|31,950|
|Authors'supplementpayment||2,800|1,400|
|Supportandgovernancecosts|3|38,727|31,803|
|Totalexpenditure||74,765|69,162|
|Net(loss)/incomebeforeinvestmentgains/(losses)||(15,317)|(7,625)|
|Realisedgainsondisposalofinvestments||-|1,497|
|Unrealisedgains/(loss)onrevaluationofinvestments||19,998|(55,740)|
|Netmovementoffundsafterinvestmentgains/(losses)||4,681|(61,868)|
|Reconciliationoffunds:||||
|Totalfundsbroughtforward||539,356|601,224|
|Totalfundscarriedforward||—_544,037|539,356|
|Allactivitiesrelatetocontinuingoperations.||||





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||2023||2022|
|---|---|---|---|
||£||£|
|NetmovementoffundsasreportedintheStatement||||
|ofFinancialActivities|4,681||(61,868)|
|Adjustmentsfor:||||
|Realisedgainsoninvestments||-|(1,497)|
|Unrealised(gains)/lossoninvestments|(19,998)||55,740|
|Decrease/(increase)indebtorsandprepayments||||
|Increase/(decrease)increditors|1,249||66|
|Netcash(used)/generatedinoperating<br>activities|(14,068)||(7,559)|
|Cashflowsfrominvestingactivities:<br>Investmentmanagementfees|3,784||4,103|
|Cash(used)/generatedduringtheperiod|(10,284)||(3,456)|
|Cashat1October2022|31,142||34,598|
|Cashat30September2023|20,858||31,142|
|(Decrease)/increaseincashduringtheperiod|(10,284)||(3,456)|





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||2023|2022||
|---|---|---|---|
||£|£||
|SouthBiscay|4,000|2,000||
|PacificCrossingGuide|3,680|3,334||
|NorthAfrica|3,185|2,666||
|AtlanticFrance|3,157|2,701||
|ChannelIslands,CherbourgPeninsulaandNorthBrittany|2,949|2,666||
|BalearicIslands|2,666|2,667||
|CorsicaandNorthSardinia|2,500||-|
|ArcticandNorthernWaters|2,500||-|
|CapeHornandAntarcticWaters|2,000||-|
|IslesofScilly|1,667||-|
|WestAfrica|527||-|
|Norway|312|5,333||
|BalticSea|-|4,000||
|GermanyandDenmark|-|2,701||
|AtlanticSpainandPortugal|-|2,334||
|NaturalNavigation|-|1,000||
|AtlanticIslands|-|417||
|Other|311|131||
|Totalprojectcosts|29,454|31,950||





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||Unrestricted||Unrestricted|
|---|---|---|---|
||funds||funds|
||2023||2022|
||£||£|
|Salarycosts|19,790||15,000|
|Pensioncosts|600||502|
|Travelandsubsistence|4,944||3,645|
|Officeexpenses|2,822||3,834|
|Marketingcosts|6,376||2,667|
|ITcosts|2,605||605|
|Conference||-|3,960|
|Governance—independentexaminerfees|1,590||1,590|
||38,727||31,803|



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|6.|Fixedassetinvestments|||||||
|---|---|---|---|---|---|---|---|
||||Listed||Cash|||
||||securities||deposits||Total|
||||£||£||£|
||Marketvalue|||||||
||At1October2022||480,967||35,000||515,967|
||Investmentmanagementfeespaid||(3,784)|||-|(3,784)|
||Unrealisedgains||19,998|||-|19,998|
||At30September2023||—497,181||___35,000||___532,181|
||Thehistoricalcostoftheinvestmentsecuritieswas£447,586|||||||
||Notransfersweremadeduringtheyear.|||||||
||Investmentsatmarketvaluecomprise:|||||||
|||UK|Overseas||2023|||
|||£|£||£|||
||Listedinvestments|143,188|353,993||497,181|||
||Cashdeposits|35,000|»||35,000|||
||Totalmarketvalue|178,188|353,993||___532,181|||
||||Listed||Cash|||
||Prioryear||securities||deposits||Total|
||||£||£||£|
||Marketvalue|||||||
||At1October2021||549,313||25,000||574,313|
||Investmentmanagementfeespaid||(4,103)|||-|(4,103)|
||Additions||-||10,000||10,000|
||Disposals||(10,000)|||-|(10,000)|
||Realisedgains||1,497|||-|1,497|
||Unrealisedlosses||(55,740)|||-|(55,740)|
||At30September2022||—___480,967||___35,000||___515,967|
||Thehistoricalcostoftheinvestmentsecuritieswas£447,586|||||||
||No transfersweremadeduringtheyear.|||||||
||Investmentsatmarketvaluecomprise:|||||||
|||UK|Overseas||2022|||
|||£|£||£|||
||Listedinvestments|203,930|277,037||480,967|||
||Cashdeposits|35,000||-|35,000|||
||Totalmarketvalue|——_-238,930|___277,037||____515,967|||





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||2023|2022|
|---|---|---|
||£|£|
|Othertaxationandsocialsecurity|945|<br>587|
|Othercreditors|5,631|3,976|
|Accruals|2,537|<br>3,464|
|Deferredincome|849|686|
||G2|813|



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||Brought|Income’|Expenditure|Gains|Carried|
|---|---|---|---|---|---|
||forward||||forward|
||£|£|£|£|£|
|Unrestrictedfunds||||||
|Generalfunds|539,356|59,428|(74,745)|19,998|544,037|
||539,356|59,428|(74,745)|19,998|544,037|



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||Brought||||Carried|
|---|---|---|---|---|---|
||Forward|Income|Expenditure|Gains|Forward|
||£|£|£|£|£|
|Generalfunds|539,356|____59,428|___(74,745)|19,998|___544,037|





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||Brought|Income|Expenditure|Losses|Carried|
|---|---|---|---|---|---|
||forward||||forward|
||£|£|£|£|£|
|Unrestrictedfunds||||||
|Generalfunds|601,224|61,537|(69,162)|(54,243)|539,356|
||601,224|61,537|(69,162)|(54,243)|539,356|
|Summaryoffunds||||||
||Brought||||Carried|
||Forward|Income|Expenditure|Losses|Forward|
||£|£|£|£|£|
|Generalfunds|—__601,224|___61,537|_(69,162)|__(54,243)|___539,356|



## 

||2023|2022|
|---|---|---|
||£|£|
|Financialassetsmeasuredatamortisedcost|960|960|
|Financialliabilitiesmeasuredatamortisedcost|SG576|4,563|
|Financialassetsmeasuredatamortisedcostcompriseprepayments.|||