2023-03-31-accounts

		Page
General information
Report ofthe trustees		3-5
Statement oftrustees'	responsibilities
Independent auditors'	report	7-10
Statement offinancial	activities
Balance sheet		12
Cashflow statement		13
Accounting policies		14 - 15
Notes to the financial	statements	16-21

			Unrestricted		Expendable		Total	Total
			Income		endowment		this year	last year
		Note	Fund		Fund		31.03.23	31.3.22
Income resources
Voluntary Income
Donations			210,000		5,913,960		6,123,960	1,261,111
Gift aid refunds			52,500				52,500	375,000
Investmentincome			215,725		4,719		220,444	180,789
Total incoming recourses			478 225		5,918,679		6,396,904	1,816,901
Resources expended
Cost ofgenerating funds
Investment management	costs				108,970		108,970	105,371
Charitable activities
Grants and donations paid out			120,000				120,000	1,643,009
Governance cost
Trust accounting/tax claims fees			9,263				9,263	9,128
Total resources expended			129,263		108970		238233	1,757 509
Net incoming/(outgoing) before transfers	resources		348,963		5,809,709		6,158,671	59,391
Gross transfers between	funds
Net income/(outgoing)	resources before
other recognised gains	and losses		348,963'	.	5,809,709		6,158,671	59,391
Other recognised gains	and losses
(Losses)/gains on investment assets					(961,127)		(961,127)	585,160
Net movements in funds			348,963'		4,848,582	.	5,197,544	644,551
Fund balance brought forward at 31 March 2022					13,647,167		13,647,167	13,002,616
Fund balance carried forward at 31 March 2023			348,963		18495,748		18,844,711	13,647,167
			11

								Unrestricted	Expendable
								Income	Endowment	Total	Total
								fund	Fund	this year	last year
										31.3.23	31.3.22
							Note
Fixed assets
Investment	at	market value					6	353,614	19,478 250	19,831,864	15,115,329
Current assets
Oebtors								1,010		1 010	78 350
Cash at bank								6,039		6,039	36,952
Creditors: amounts			falling			due within one year	8	(11,700)	(572,502)	(584,202)	(628,464)
Net current	assets							~465&	~572,502	~577,153	~513,162
Total assets		less current				liabiiities		348,963	18,905,748	19,254,711	14,602,167
Creditors: amounts				falling		due after one year			(410,000)	(410,000)	(955,000)
I1ietAssets								348,963	18,495 748	18,844,711	13,647,167
Funds
Expendable Unrestricted	endowment income fund				fund					18,495,748 348 963 18,844,711	13,647,167 13,647,167

	Note	31.3.23	31.3.22
Net income for the year		6,158,671	59,391
Adjustments for
Interest and dividends Decrease/(Increase) in debtors (Decrease)/Increase in creditors		(220,444) 7?,340 (589,262)	(180,789) (70,549) 958,124
Cash flows from operating activities		5,426,305	766,177
Cash flows from investing activities
Interest and dividends Proceeds from sale of investments		220,444 10,499,291	180,789 4 718654
Purchase ofinvestments		(11,681,866)	(6,219,257)
Net cash used by investing activities		(962,131)	(1,319,814)
Change in cash and cash equivalents Cash and cash equivalents brought forward Cash and cash equivalents carried forward	12	4,464,173 681,848 5,146,021	(553,637) 1,235,484 681,848

								31.3.23	31.03.22
1	Investment income
	UKlncome Interest							22,420	10,178
	Dividends							33,780	21,710
	Accumulated	Dividends		- Expendable		endowment		3,616	2,861
	Property							12,533	21,832
	Overseas Income Interest							65,996	48,417
	Excess reportable Dividends		income - Expendable				endowment	1,103 80,995	2,298 73,493
	Property
	Investment income is unrestricted	unless otherwise			stated			220,444	180,789
2	Raising funds
	Portfolio management Less repaid commission							108,970 108,970	107,733 2,362 105,371
3	Grants made
	The total grants made to institutions		during	the years was		as	follows:
	Medecins San Frontieres								190,000
	Supporting Dalit Children Marie Curie Cancer Care								50,000 130,000
	Mary's Meals St Mungo's Breast Cancer Now								105,000 105,000 20,000
	Prostate Cancer UK								140,000
	Youngminds Fair Trials International								75,000 55,000
	StGiles Trust								85,000
	Hardman Trust								70,000
	Anne Robson Trust								55 000
	Mind								130,000
	Herts Young Homeless Big issue Foundation Uhlock								60,000 45,000 10,000
	Cerabral Palsy Alliance Reseach SCI Foundation								509 190,000
	Arrhythmogenic Cardiomyopathy								500

		31.3.23	31.03.22
Grants made. ...continued			E
Macmillian Cancer Support John Clemments Sports 8 Community Isobel Hospice Ltd Haileybury Youth Trust Samaritans Footsteps Foundation Tree Aid Envision The Haileybury Youth Trust British Heart Foundation Barts Charity Samaritans	Trust	1,000 35,000 1,000 8,000 5,000 50,000 20,000	5,000 1,000 50,000 20,000 20,000 25,000 1,000 5,000
		120,000	1,643,009

	Further detail	on commitments and on the actual cash disburs	ed in the year is provided in note 14.
4	Governance	costs
	Handelsbanken Audit fee Other	Wealth Management	6,000 2,700 563	6,000 2,700 428
			9,263	9,128

							2023	2022
							F	F
5	Analysis of Funds		At 01-Apr-22		Income	Expenditure	Gains losses &transfers	At 31-Mar-23
			restated
			F		F	F		F
	Unrestricted income funds Expendable endowment funds		13,647,167		478,225 5,918,679	(129,263) (108,970)	(961,127)	348,963 18,495,748
			13647,167		6,396,904	~238,233
			At		Income	Expenditure	Gains losses	At
			01-Apr-21				&transfers	31-Mar-22
					F	F.		F
	Unrestricted income funds Expendable endowment funds		0 13,002,616		175,630 1,641,271	(1,652,138) (105,371)	1,476,508 (891,348)	13,647,167
			13,D02,617		1,816 9D1	~1,757,509
6	Market value Carry (market) value at beginning ofyear Add Additions at cost Less disposals at carry value Add/(deduct) net gain/(loss) on revaluation Carry (market) value at end ofyear						14,470,432 11,681,866 (10,499,291) 961,127 14,691,881	12,384,669 6,219,257 (4,718,654) 585,160 14,470,432
	Shares Portfolio Cash						14,691,881 5,139,983 19,831,864	14,470,432 644,897 15,115,329
	Realised gains/(loss) Unrealised gains/(loss)	on revaluation					(430,621) 530506 961 127	499,123 86,037 585,160
	The historic cost ofthese investments was			f13,258,748 (2022: F12,321,275)
7	Oebtors
	Prepayments and accrued income Gift aid refunds						1,010 1,010	3,350 75,000 78,350
8	Creditors: amount falling due		within one year
	Accruals and deferred Donation commitments	income					39,202 545,000	38,464 590,000
							584 202	628,464
					18

9 Creditors: amount	falling due after one year
Donation commitments				410,000	955,000
				410,000	955,000
10 Analysis of Net Assets between funds
Fund balances as at	31 March 2023 are represented	by:		Expendable
			Unrestricted	endowment	Total
			Funds	Funds	Funds
			E
Fixed assets			353,614	19,478,250	19,831,864
Current assets			7,049		7,049
Current liabilities			(11,700)	(572,502)	(584,202)
Non-current liabilities				(410,000)	(410,000)
Total net assets			348,983	18498748	18844711
Analysis ofNet Assets between funds
Fund balances as at	31 March 2022 are represented	by:		Expendable
			Unrestricted	endowment	Total
			Funds	Funds	Funds
			F		P
Fixed assets				15,115,329	15,115,329
Current assets			11,700	103,602	115,302
Current liabilities			(11,700)	(616,764)	(628,464)
,Non-current liabilities				(955,000)	(955,000)
Total net assets				13647 167	13647 167

	3Ts trust in the year en	3Ts trust in the year en	ded 31 March 2022.
12	Analysis of cash and		cash equivalents			2023	2022 f
	Cash	in hand				6,039	36,952
	Cash	held within investments				5,139,983	644,896
						5,146,022	681,848
13	Analysis ofchanges		in net debt
				At 1 April	Cash flows	Other non-	At 31 March
				2022		cash	2023
						Changes
						F
	Cash			36,952	(30,913)		6,039
	Cash	equivalents		644,896	4,495,087		5,139,983
				681,848	4,464,173		5,146,022
	Loans	falling due within	one year
	Finance lease obligations
				681 848	4464,173		5 146,022

St Giles Trust		75,000
St Mungo's		105,000
Young Minds		60,000
Prostate Cancer UK		105,000
SCI Foundation		150,000
Herls Young Homeless		60,000
Hardman Trust		60,000
Marie Curie		105,000
Fair Trials International		45,000
Mary's Meals		105,000
Mbdecins san Frontihres		150,000
Anne Robson Trust		45,000
Big Issue Foundation		45,000
Mind		105,000
Dalit Children		30 DOO
		1,245,000
Add pre-existing	commitments	300,000
		1,545,000
Less paid in Year ended 31 March 2023		590,000
		955,0DD

Year	ended	31	March	2024	545,000
Year	ended	31	March	2025	410000
					955 000