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2023-04-05-accounts

			Page
Report ofthe Trustees		I	to	4
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements		8	to	14

				for the Ye	ar Ended 5April 2023
						2023	2022
						Unrestricted	Total
						funds	funds
				Notes		f	f
INCOME AND ENDOWMENTS			FROM
Donations and legacies						63,203	266
Investment income						63,819	55,396
Total						127,022	55,662
EXPENDITURE ON
Raising funds						13,232	14,269
Charitable activities
Grants payable						72,082	88,102
Total						85,314	102,371
Net gains/(losses) on investments						(162,175)	132,313
NET INCOME/(EXPENDITURE)						(120,467)	85,604
RECONCILIATION	OF	FUNDS
Total funds brought forward						2,929,818	2,844,214
TOTAL FUNDS CARRIED FORWARD						2,809,351	2,929,818
CONTINUING OPERATIONS
All income and expenditure		has arisen from		continuing	activities.

			Balance Sheet
			5April 2023
				2023	2022
				Unrestricted	Total
				funds	funds
			Notes	f	f
FIXEDASSETS
Investments			10	2,766,392	2,938,090
CURRENT ASSETS
Debtors				62,787	44
Cash at bank				22,311	35,961
				85,098	36,005
CREDITORS
Amounts falling	due within	one year	12	(42,139)	(44,277)
NET CURRENT ASSETS				42,959	(8,272)
TOTAL ASSETSLESSCURRENT
LIABILITIES				2.809,351	2,929,818
NET ASSETS				2,809,351	2,929,818
FUNDS			13
Unrestricted funds:
General fund				2,730,721	2,929,818
IHRR Durham	University	Fund		78,630
				2,809,351	2,929,818
TOTAL FUNDS				2,809,351	2,929,818

2.	DONATIONS	DONATIONS	AND LEGACIES	AND LEGACIES
						2023	2022
						f	f
	Donations					435	266
	Legacies					62,768
						63,203	266
3.	INVESTMENT INCOME
						2023	2022
						f	8
	Dividends	receivable				42,199	37,360
	Interest receivable					21,620	18,036
						63,819	55,396
4.	RAISING	FUNDS
	Investment	management		costs
						2023	2022
						f	f
	Portfolio management					13,232	14,269
5	CHARITABLE ACTIVITIES COSTS
					Grant
					funding of
					activities	Support
					(see note	costs (see
					6)	note 7)	Totals
					f.
	Grants payable				59,668	12,414	72,082
*	GRANTS	PAYABLE
	The total grants		paid during	the year was as follows:
						2023	2022
							E
	University	ofDurham				38,750	56,377
	Individuals					20,918	17,844
						59,668	74,221

SUPPORT	COSTS
				Governance
				costs
				f
Grants payable				12,414
Support costs, included		in the above. are as follows:
Governance	costs
			2023	2022
			Grants	Total
			payable	activities
				f
Insurance			459	448
Bank charges			61	21
Legal and professional			10,394	11,992
Independent	examinefs	fees	1,500	1,420
			12,414	13,881

COMPAR	ATIVES FOR THE ST	ATEMEN	T OF FINANCIAL ACTIVIT	IES
				Unrestrictal
				funds
				f
INCOME	AND ENDOWMENTS	FROM
Donations	and legacies			266
Investment	income			55,396
Total				55,662
EXPENDITURE ON
Raising funds				14,269
Charitable	activities
Grants payable				88,102
Total				102,371
Net gains	on investments			132,313
NET hVCOhIE				85,604
			Page10	continued ..

	COMPA	RATIVES	F	OR	THE STATEMEN	T OF FINANCIAL ACTIVIT	IES - continued
								Unrestricted
								funds
								f
	RECONCILIATION			OF FUNDS
	Total funds brought		forward					2,844,214
	TOTAL	FUNDS CARRIED FORWARD						2,929,818
10.	FIXEDASSETINVESTMENTS
								Listed
								investments
								f.
	MARKET VALUE
	At 6 April	2022						2,938,090
	Additions							220,179
	Disposals							(253,133)
	Revaluations							(138,744)
	At 5 April	2023						2,766,392
	NET BOOK VALUE
	At 5 April	2023						2,766,392
	At 5 April	2022						2,938,090
	There were no investment				assets outside the UK.
	Cost or valuation at		5 April		2023 is represented	by:
								Listed
								investments
								8
	Valuation	in 2023						156,442
	Cost							2,609,950
								2,766,392
I L	DEBTORS:AMOUNTS				FALLINC DUE WITHIN ONE YEAR
							2023	2022
							f	8
	Other debtors						62,787	44

CREDITOR	S: AMO	UN	TS F	A	LLING DUE WITHIN ONE Y	EAR
							2023	2022
							f
Accrual s and	deferred	income					42,139	44,277
MOVEMENT IN FUNDS
						Net	Transfers
						movement	between	At
					At 6,4.22	in funds	funds	5.4.23
					f	f	f	f
Unrestricted	funds
General fund					2,929,818	(81,717)	(117,380)	2,730,721
IHRR Durham	University		Fund			(38,750)	117,380	78,630
					2,929,818	(120,467)		2,809,351
TOTALFUNDS					2,929,818	(120,467)		2,809,351
Net movement	in funds,		included		in the above are as follows:
					Incoming	Resources	Gams and	Movement
					resources f	expended f	losses f	in funds f
Unrestricted	funds
General fund					127,022	(46,564)	(162,175)	(81,717)
IHRR Durham	University		Fund			(38,750)		(38,750)
					127,022	(85,314)	(162,175)	(120,467)
TOTAL FUNDS					127,022	(85,314)	(162,175)	(120,467)
Comparatives	for movement			in	funds
						Net	Transfers
						movement	between	At
					At 6.4.21	in funds	funds	5.4.22
						f
Unrestricted	funds
General fund					2,810,219	141,981	(22,382)	2,929,818
IHRR Durham	University		Fund		33,995	(56,377)	22,382
					2,844,214	85,604		2,929,818
TOTAL FUNDS					2,844,214	85,604		2,929,818

				Incoming		Resources	Gains and	Movement
				resources f		expended E	losses E	in funds f
Unrestricted		funds
General	fund			55,662		(45,994)	132,313	141,981
IHRR Durham		University	Fund			(56,377)		(56,377)
				55,662		(102,371)	132,313	85,604
TOTAL	FUNDS			55,662		(102,371)	132,313	85,604
A current	year	12 months	and prior year 12 months	combined	position	is as follows:
						Net	Transfers
						movement	between	At
				At 6.4.21		in funds	funds	5.4.23
				f		f	f	f
Unrestricted		funds
General	fund			2,810,219		60,264	(139,762)	2,730,721
IHRR Durham		University	Fund	33995		(95,127)	139,762	78,630
				2,844,214		(34,863)		2,809,351
TOTAL	FUNDS			2,844,214		(34,863)		2,809,351

				Incoming	Resources	Gains and	Movement
				resources f	expended f	losses	in funds f
Unrestricted		funds
General	fund			182,684	(92,558)	(29,862)	60,264
IHRR Durham		University	Fund		(95,127)		(95,127)
				182,684	(187,685)	(29,862)	(34,863)
TOTAL	FUNDS			182,684	(187,685)	(29,862)	(34,863)