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|Trustees||Mrs R Lail||
|---|---|---|---|
|||Professor W Mattli||
|||Sir R Peto||
|||Mr R Lail||
|||Professor V Crawford||
|||Professor BJavorcik||
|Charity number||1121352||
|[ndependent|examiner|Critchleys<br>Audit LLP||
|||Beaver House||
|||23-38 Hythe Bridge Street||
|||Oxford||
|||OX1 ZEP||
|Bankers||Royal Bank of|Scotland Pic|
|||32St Giles||
|||Oxford||
|||Oxfordshire||
|||OX1 3ND||
|SOIICItors||Blake Morgan|LLP|
|||Seacourt Tower||
|||West Way||
|||Oxford||
|||OX2 OFB||





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||||Page|
|---|---|---|---|
|Trustees report||||
|Statement ofTrustees||responsibilities||
|Independent<br>examiner's||report||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements|||





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||||Restricted|Endowment|Total|Restricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2023|2023|2023|2022|2022|202'2|
|||Notes||R|||F||
|Income from:|||||||||
|Charitable<br>activities|||||||||
|Investments|||42,464||42,464|63,749||63,749|
|Ex enditure<br>on:|||||||||
|Raising funds|||||||||
|Investment<br>management<br>costs||||9,628|9,628||10,516|10,516|
|Charitable<br>activities|||||||||
|Expenditure<br>on<br>charitable<br>activities|||2,304||2,304|84||84|
|Total charitable<br>expenditure|||2,304||2,304||||
|Total expenditure|||2,304|9,628|11,932|84|10,516|10,600|
|Net gains/(losses)<br>investments|on|7||(183,066)|(183,066)||38036|38036|
|Net movement<br>in|funds||40,160|(192,694)|(152,534)|63,665|27,520|91,185|
|Fund balances at 1 April||2022|1I51,386|1,606,467|1,757,853|87,721|1,578,947|1,666,668|
|Fund balances at|31 March||||||||
|2023|||191,546|1,413,773|1,605,319|151,386|1,606,467|1,757,853|





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||||2023||2022||
|---|---|---|---|---|---|---|
|||Notes|f||f||
|Fixed assets|||||||
|Investments||||1,500,080||1,693,061|
|Current assets|||||||
|Cash at bank and in|hand||113,836||72,512||
|Creditors: amounts<br>one year|falling due within|10|(8,597)||(7,720)||
|Net current assets||||105,239||64,792|
|Total assets less current liabilities||||1,605,319||1,757,853|
|Capital funds|||||||
|Endowment<br>funds -|general|||1,413,773||1,606,467|
|income funds|||||||
|Restricted funds||12||191,546||151,386|
|Unrestricted<br>funds|||||||
|||||1,605,319||1,757,853|





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|||Restricted|Restricted|
|---|---|---|---|
|||funds|funds|
|||2023|2022|
||||F.|
|Dividends|received|42,072|63,742|
|Interest receivable||392|7|
|||42,464|63,749|



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||||Endowment|Endowment|
|---|---|---|---|---|
||||funds|funds|
||||general|general|
||||2023f|2022|
|Investment|management|costs|9,628|10,516|
||||9,628|10,516|





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||||Expenditure|Expenditure|
|---|---|---|---|---|
||||on|on|
||||charitable|charitable|
||||activities|activities|
||||2023|2022|
|Bank Charges||||38|
|Independent|Examination|fee|2,304|46|
||||2,304||
||||2,304|84|



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|2023|2022|
|---|---|
|Number|Number|



||||||Endowment|Endowment|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||general|general|
||||||2023f|2022|
|Movement|in|fair|value|ofinvestments|(183,066)|38,036|





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|||Investmentsf|
|---|---|---|
|Cost or valuation|||
|At 1 April|2022|1,693,061|
|Additions||73,660|
|Valuation|changes|(183,066)|
|Amounts|deposited/(withdrawn)|(12,164)|
|Disposals||(71,411)|
|At 31 March 2023||1,500,080|
|Carrying|amount||
|At 31 March 2023||1,500,080|
|At 31 March 2022||1,693,061|



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|Creditors: amounts<br>falling due within one year|||
|---|---|---|
||2023|2022|
|Borrowing s|3,888|3,888|
|Other creditors|4,709|3,832|
||8,597|7,?20|





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|s|||||||
|---|---|---|---|---|---|---|
|Balance at|Resources|Revaluations|Balance at|Resources|Revaluations|Balance at|
|1 April 2021|expended|gains and<br>losses|1 April 2022|expended|gains and 31<br>losses|March 2023|
|1,578,947|(10,516)|38,036|1,606,467|(9,628)|(183,066)|1,413,773|
|1,578,947|(10,516)|38,036|1,606,467|(9,628)|(183,066)|1,413,773|



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||||Movement|in funds||ilovement|in funds|||
|---|---|---|---|---|---|---|---|---|---|
|||Balance at|Incoming|Resources|Balance at|Incoming|Resources||Balance at|
||1|April 2021|resources|expended|1 April 2022|resources|expended|31|March 2023|
|||E|f.|||||||
|Restricted||||||||||
|fund||87,721|63,749|(84)|151,386|42,464|(2,304)||191,546|



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|Analysis of|net assets|between funds||||||
|---|---|---|---|---|---|---|---|
|||Restricted|Endowment|Total|Restricted|Endowment|Total|
|||funds|funds||funds|funds||
|||2023|2023|2023|2022|2022|2022|
|Fund balances at 31||||||||
|March 2023|are|||||||
|represented|by:|||||||
|Investments|||1,500,080|1,500,080||1,693,061|1,693,061|
|Current assets/(liabilities)||191,546|(86,307)|105,239|151,386|(86,594)|64,792|
|||191,546|1,413,773|1,605,319|151,386|1,606,467|1,757,853|



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