2022-12-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2 to4
Independent Exammer's	Report
Statement of Financial	Activities
Balance Sheet
Cash Flow Statement
Notes to the Financial Statements		9to 19

			Unrestricted	Restricted	Endowment	Total
		Note	fundsf	funds	fundsf	2022 f
Income
Donations and legacies			518,989	41,417		560,406
Investment income			8,455	35,918	52,111	96,484
Total income			527,444	77,335	52,111	656,890
Expenditure
Investment management	fees		(3,298)	(13,924)	(20,205)	(37,427)
Charitable activities			(95,484)	(69,415)		(164,899)
Total expenditure			(98,782)	(83,339)	(20,205)	(202,326)
Gains/(losses) on investment assets			(65,786)	(288,689)	18. Mi	~7773,074
Net income/(expenditure) Gross transfers between	funds		362,876 108,133	(294,693)	(386,690) ~408.4337	(318,507)
Net movement in funds			471,009	(294,693)	(494,823)	(318,507)
Reconciliation offunds
Total funds brought forward			371,452	2,398,523	3,281,247	6,051,222
Total funds carriied forward		11	842,461	2,103,830	2,786,424	5,732,715
			Unrestiicted	Restricted	Endowment	Total
		Note	fundsf	fundsf	fundsf	2021f
Income
Donations and legacies			252,642	33,835		286,477
Investment income			2,266	34,490	52,684	89,440
Total income			254,908	68,325	52,684	375,917
Expenditure
Investment management	fees		(932)	(14,065)	(21,484)	(36,481)
Charitable activities		3	(102,507)	(57,354)		(159,861)
Total expenditure			(103,439)	(71,419)	(21,484)	(196,342)
Gains/(losses) on investment
assets			11,619	176 912	270,226	458757
Net income Gross transfers between	funds		163,088 68,424	173,818	301,426 ~88424	638,332
Net movement in funds			231,512	173,818	233,002	638,332
Reconciliation offunds
Total funds brought forward			139,940	2,224,705	3,048,245	5412890
Total funds carried forward		11	371452	2 398523	3,281,247	6,051,222

				2022	2021
			Note	6	6
Fixed assets
Investments				5,062,854	5,877,698
Current assets
Debtors				456,461	572
Cash at bank and	in hand			226,420	235,353
Creditors: Amounts		falling due within one year	io	682,881 ~i'30 t	235,925 (62,401)
Net current assets				669,861	173,524
Net assets				5,732,715	6,051,222
Funds ofthe charity:
Unrestricted funds				842,461	371,452
Restricted funds				2,103,830	2,398,523
Endowmentfunds				2,786,424	3,281,247
Totalfunds				5,732,715	6,051,222

			Note	2022	2021f
Cash flows from operating activities
Net cash (expenditure)/income				(318,507)	638,332
Adjustments tocash flows from non-cash		items
Investment income				(96,484)	(89,440)
Revaluation of investments				670,582	(458,757)
				255,591	90,135
Working capital adjustments
(Increase)/decrease in debtors			8	(455,889)	13,380
(Decrease)/increase in creditors			10	(49,381)	53,859
Net cash flows from operating	activities			(249,679	157,374
Cash flows from investing activities
Interest receivable and similar	income			96,484	89,440
Purchase ofinvestments			7	(1,052,176)	(966,224)
Sale ofinvestments				1,190,678	543,276
Net cash flows from investing	activities			234,986	(333,508)
Net decrease in cash and cash equivalents				(14,693)	(176,134)
Cash and cash equivalents at	1 January			293,046	469,180
Cash and cash equivalents at	31 December			278,353	293,046

			Unrestricted	funds	Restricted	Restricted	Endowment	Total
			Designated	General		funds	funds	funds
			6	6		E		6
Donations and		legacies	469,874	41,497		37,264		548,635
Tax reclaims				7,618		4,153		11,771
Total for 2022			469,874	49,115		41,417		560,406
Donations and		legacies	220,000	26,151		33,805		279,956
Tax reclaims				6,491		30		6,521
Total for 2021			220,000	32,642		33,835		286,477
3 Expenditure		on charitable activities
			Unrestricted		funds		Restricted	Total
			Designated		General		funds	funds
					6		6
Scholarships,	grants and bursaries		7,067		83,200		69,415	159,682
Other costs					5,217			5,217
Total for 2022			7067		88,417		69,415	164,899
Scholarships,	grants and bursaries				94,607		57,237	151,844
Other costs					7	900	117	8017
Total for 2021					102,507		57,354	159861

5 Independ	ent	examiner's/Auditors' remuneration
			2022	2021
				6
Accounts			3,105	1,800
Audit				5,280
Independent	examination		1,615
Audit predecessor		firm		300
			4,720	7,380

Listed investme	nts
			2022	2021
				6
Cost or Valuation
At1 January 2022			5,820,005	4,938,300
Additions			1,052,176	966,224
Disposals			(1,190,678)	(543,276)
Revaluation			(670,582)	458,757
			5,010,921	5,820,005
Cash held within	investment	portfolio	51,933	57,693
At 31 December	2022		5,062,854	5,877,698
8 Debtors
			2022	2021
			8
Tax recoverable			4,262	572
Other debtors			452,199
			456,461	572
9 Cash and cash equivalents
			2022	2021
			5	8
NatWest			167,279	176,496
Scottish widows			52,099	52,081
Investment income account			7,042	6,776
Cash held within	investment	porffolio	51,933	57,693
			278,353	293,046

10 Creditors: amounts	falling due within one year
		2022	2021
		8	8
Other creditors		1,250	50,551
Accruals		11,770	11,850
		13,020	62,401

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					Trust for	Unapplied Total	Total
Endowment fund					investment f.	Return F	Endowment f
At beginning ofthe reporting			period:
Gift component	ofthe permanent		endowment		1,993,251		1,993,251
Unapplied total	return					1,287,996	1,287,996
Total					1993291	128 989	3281241
Movements in	the reporting	period:
Investment return dividends and interest						52,111	52,111
Investment return. realised and			unrealised	gains and
(losses)						(418,596)	(418,596)
Investment management costs						(20,205)	(20,205)
Total						(386,690)	(386,690)
Unapplied total	return allocated	to income		in the
reporting period Net movements	in reporting	period				(108,133) ~484 823	(108,133) ~484 823
At end ofthe mporting period:
Gin component	ofthe permanent		endowment		1,993,251		1,993,251
Unapphed total	return					793,173	793,173
TOTAL					1,993,251	793,173	2,786,424

					Total funds at
		Unrestricted	Restricted	Endowment	31December
		funds	funds	funds	2022
		6	6		6
Fixed asset investments		502,312	1,858,745	2,701,797	5,062,854
Current	assets	353,169	245,085	84,627	682,881
Current	liabilities	(13,020)
Tots I net assets		842,461	2,103,830	2,786,424	5,732,715
					Total funds at
		Unrestricted	Restricted	Endowment	31December
		fundsf	funds 6	fundsf	2021
Fixed asset investments		437,897	2,192,484	3,247,317	5,877,698
Current Current	assets liabilities	(27,012) ~39.33	229,007 (22,968)	33,930	235,925 (62,401)
Total net assets		371,452	2,398,523	3,281,247	6,051,222