2022-06-30-accounts

		Page
Report ofthe Trustees		1to4
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet		7to 8
Notes to the Financial Statements		9to 12
Detailed Statement of Financial Activities		13

					2022	2021
					Unrestncted	Unrestricted
					funds	funds
				Notes	E
INCOME FROM
Investment income					36,930	35,513
Total					36,930	35,513
EXPENDITURE ON
Raising funds					12,060	10,917
Charitable activities
Grant making					44,853	22,640
Total					56,913	33,557
Unrealised (losses)/gains		on investment	assets		(125,868)	229,595
Realised gains/(losses)		on investment	assets		(16,783)	96,396
NET (EXPENDITURE)/INCOME					(162,634)	327,947
RECONCILIATION	OF	FUNDS
Total funds brought	forward				2,207,878	1,879,931
TOTAL FUNDS CARRIED FORWARD					F2,045,244	E2,207,878

		2022	2021
		Unrestricted	Unrestricted
	Notes	funds	fundsf
FIXEDASSETS
Investments	10	2,081,610	2,199,393
CURRENT ASSETS
Cash at bank		49,836	93,723
		49,836	93,723
CREDITORS
Amounts faIling due within one year		(86,202)	(85,238)
NET CURRENT (LIABILITIES)/ASSETS		(36,366)	8,485
TOTAL ASSETS LESSCURRENT LIABILITIES		2,045,244	2,207,878
NET ASSETS		E2,045,244	E2,207,878
FUNDS
Unrestricted funds	12	2,045,244	2,207,878
TOTAL FUNDS		E2,045,244	K2,207,878

	RAISING FUNDS
	Investment management	costs			2022	2021
	Porffolio management				f12,060	210,917
5.	CHARITABLE ACTIVITIES COSTS				Grant funding	Support
					of activities	costs
					(See note 6)	(See note 7)
					2022	2022
	Grant making				F41,400	E3,453
					2021	2021
					620,000	F2,640
6.	GRANTS PAYABLE
	Grants approved for payment		during	the year were as follows-
					2022	2021
	Other grants
	Supporting education				34,500
	Care support				3,900
	Arandora Star London Trust				3,000
	Covid support					20,000
	Total Grants Payable				241,400	F20,000
7.	SUPPORT COSTS
	Governance costs				2022 F	2021f
	Independent Examiner's	fees			2,850	2,640
	Bank charges				603
					F3,453	82,640
8.	NET (EXPENDITURE)/INCOME				2022	2021
	Net income is stated after charging/(crediting):
	Independent Examiner's	fees			E2,850	F2,640

FIXEDASSET INVESTMENTS (excluding cash)	Listed
	Investments
MARKET VALUE
At 1 July 2021	2,162,950
Additions	1,538,594
Disposals	(1,506,930)
Revaluations	(125,868)
Market value (excluding cash)	2,068,746
Cash held as part of investment	12,864
NET BOOK VALUE
At 30June 2022	E2,081,610
At 30 June 2021	F2,199,393

				2022	2021
Equator	UK Sovereign	Bond Index		271,703	281,249
Coutts	US Equity Fund		Index	188,253	333,707
Coutts	Actively Managed		UK Equities	163,248	247,006
Coutts	Actively Managed		US Equities		193,805
iShares	FTSE100				158,846
Coutts	US Insight Fund			409,899
Coutts	UK Insight Fund			371,050

11.	CREDITORS:		AMOUNTS		FALLING DUE WITHIN ONE YEAR	2022	2021
						E	E
	Accruals and	deferred		income		86,202	85,238
						f86,202	285,238
12.	MOVEMENT	IN FUNDS				Net
						movement
					At 1.7.21	in funds	At 30,6.22
						E
	Unrestricted		funds
	General fund				2,207,878	(162,634)	2,045,244
	TOTAL FUNDS				E2,207,878	E(162,634)	E2,045,244

Net mov	ement	in funds, included	in the above are as follows	:
			Incoming	Resources	Gains and	Movement in
			resources	expended	losses	funds
					E	E
Unrestricted		funds
General	fund		36,930	56,913	(142,651)	(162,634)
TOTAL	FUNDS		F36,930	E56,913	E(142,651)	E(162,634)

					2022	2021
					E	E
INCOME
Investment Income
Interest received					141	56
Dividends					36,789	35,457
Total incoming resources					36,930	35,513
EXPENDITURE
Investment management		costs
Portfolio management					12,060	10,917
Charitable activities
Grants					41,400	20,000
Governance costs
Independent Examiner's	Fees				2,850	2,640
Bank charges					603
					44,853	22,640
Total resources expended					56,913	33,557
Net (expenditure)/income		before movements		on
unrealised gains and	losses				(19,983)	1,956
Gains and losses
Unrealised gain/(losses)	on	investment	assets		(125,868)	96,396
Realised gains/(losses)	on	investment	assets		(16,783)	229,585
Net (expenditure)/income					K(162,634)	F327,947