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





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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||Unrestncted|Unrestricted|
||||||funds|funds|
|||||Notes|E||
|INCOME FROM|||||||
|Investment<br>income|||||36,930|35,513|
|Total|||||36,930|35,513|
|EXPENDITURE ON|||||||
|Raising funds|||||12,060|10,917|
|Charitable<br>activities|||||||
|Grant making|||||44,853|22,640|
|Total|||||56,913|33,557|
|Unrealised<br>(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|





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|||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<br>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<br>funds|12|2,045,244|2,207,878|
|TOTAL FUNDS||E2,045,244|K2,207,878|





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||RAISING FUNDS||||||
|---|---|---|---|---|---|---|
||Investment<br>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<br>for payment||during|the year were as follows-|||
||||||2022|2021|
||Other grants||||||
||Supporting<br>education||||34,500||
||Care support||||3,900||
||Arandora<br>Star London Trust||||3,000||
||Covid support|||||20,000|
||Total Grants Payable||||241,400|F20,000|
|7.|SUPPORT COSTS||||||
||Governance<br>costs||||2022<br>F|2021f|
||Independent<br>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<br>Examiner's|fees|||E2,850|F2,640|





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|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<br>Managed||UK Equities|163,248|247,006|
|Coutts|Actively<br>Managed||US Equities||193,805|
|iShares|FTSE100||||158,846|
|Coutts|US Insight<br>Fund|||409,899||
|Coutts|UK Insight<br>Fund|||371,050||





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|---|---|---|---|---|---|---|---|
|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,<br>included|in the above are as follows|:|||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement<br>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)|



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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||E|E|
|INCOME|||||||
|Investment<br>Income|||||||
|Interest received|||||141|56|
|Dividends|||||36,789|35,457|
|Total incoming<br>resources|||||36,930|35,513|
|EXPENDITURE|||||||
|Investment<br>management||costs|||||
|Portfolio management|||||12,060|10,917|
|Charitable<br>activities|||||||
|Grants|||||41,400|20,000|
|Governance costs|||||||
|Independent<br>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<br>gains and|losses||||(19,983)|1,956|
|Gains and losses|||||||
|Unrealised<br>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|