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||||Page|
|---|---|---|---|
|Report ofthe Trustees|||1to4|
|Independent<br>Examiner's|Report|||
|Statement<br>of Financial|Activities|||
|Balance Sheet|||7to8|
|Notes to the Financial Statements|||9to12|
|Detailed Statement of Financial||Activities|13|





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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Unrestricted|
|||||||funds|funds|
||||||Notes||E|
|INCOME FROM||||||||
|Investment<br>income||||||51,246|36,930|
|Total||||||51,246|36,930|
|EXPENDITURE ON||||||||
|Raising funds||||||9,805|12,060|
|Charitable<br>activities||||||||
|Grant making||||||17,038|44,853|
|Total||||||26,843|56,913|
|Unrealised<br>gains/(losses)|||on investment|assets||66,935|(125,868)|
|Realised gains/(losses)|||on investment|assets||(7,615)|(16,783)|
|NET INCOME/(EXPENDITURE)||||||83,723|(162,634)|
|RECONCILIATION|OF||FUNDS|||||
|Total funds brought||forward||||2,045,244|2,207,878|
|TOTAL FUNDS CARRIED FORWARD||||||E2,128,967|E2,045,244|





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|||2023|2022|
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||funds|funds|
||Notes|F||
|FIXED ASSETS||||
|Investments|10|2,182,263|2,081,610|
|CURRENT ASSETS||||
|Cash at bank||27,738|49,836|
|||27,738|49,836|
|CREDITORS||||
|Amounts<br>falling due within one year||(81,034)|(86,202)|
|NET CURRENT (LIABILITIES)/ASSETS||(53,296)|(36,366)|
|TOTAL ASSETS LESS NET CURRENT|LIABILITIES|2,128,967|2,045,244|
|NET ASSETS||E2,128,967|E2,045,244|
|FUNDS||||
|Unrestricted<br>funds|12|2,128,967|2,045,244|
|TOTAL FUNDS||E2,128,967|E2,045,244|





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|4.|RAISING FUNDS|||||
|---|---|---|---|---|---|
||Investment<br>management|costs||2023|2022|
||Porffolio management|||E9,805|812,060|
|5.|CHARITABLE ACTIVITIES COSTS|||Grant funding|Support|
|||||of activities|costs|
|||||(See note 6)|(See note 7)|
|||||2023|2023|
||Grant making|||K7,880|E9,158|
|||||2022|2022|
|||||F41,400|F3,453|
|6.|GRANTS PAYABLE|||||
||Grants approved<br>for payment||during the year were as follows-|||
|||||2023|2022|
||Other grants<br>Supporting<br>education<br>Care support|||6,380|34,500<br>3,900|
||Arandora<br>Star London Trust||||3,000|
||Culture|||1,500||
||Total Grants Payable|||F7,880|241,400|
|7.|SUPPORT COSTS|||||
|||||2023|2022|
||Governance costs|||F||
||Independent<br>Examiner's<br>Bank charges|fees||2,880<br>422|2,850<br>603|
||Marketing|||5,856||
|||||F9,158|E3,453|
|8.|NET (EXPENDITURE)/INCOME|||2023|2022|
||Net income<br>is stated after charging/(crediting):|||||
||Independent<br>Examiner's|fees||F2,880|F2,850|





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|FIXEDASSET INVESTMENTS (excluding cash)|FIXEDASSET INVESTMENTS (excluding cash)|Listed|
|---|---|---|
|||Investments|
|MARKET VAI UE||E|
|At 1 July 2022||2,068,746|
|Additions||744,208|
|Disposals||(727,933)|
|Revaluations||66,935|
|Market value (excluding|cash)|2,151,956|
|Cash held as part of investment||30,307|
|NET BOOK VALUE|||
|At 30June 2023||E2,182,263|
|At 30June 2022||E2,081,610|



|which a|re individually<br>m||aterial<br>within<br>the investment<br>portfoli|o are detailed as follows:||
|---|---|---|---|---|---|
|||||2023|2022|
|Equator|UK Sovereign|Bond Index|||271,703|
|Coutts|US Equity Fund||Index|357,096|188,253|
|Coutts|Actively<br>Managed||UK Equities|153,142|163,248|
|Coutts|Actively Managed||US Equities|197,510||
|Coutts|US Insight<br>Fund|||392,731|409,899|
|Coutts|UK Insight<br>Fund|||403,559|371,050|





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|11.|CREDITORS: AMOUNTS|CREDITORS: AMOUNTS|CREDITORS: AMOUNTS|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|2023|2022|
|---|---|---|---|---|---|---|---|
||Accruals|and|deferred|income||81,034|86,202|
|||||||E81,034|f86,202|
|12.|MOVEMENT||IN FUNDS|||Net||
|||||||movement||
||||||At 1.7.22|in funds|At 30.6.23|
||||||E|||
||Unrestricted||funds|||||
||General|fund|||2,045,244|83,723|2,128,967|
||TOTAL|FUNDS|||E2,045,244|f83,723|E2,128,967|



|Net mov|ement|in funds,<br>included|in the above are as follows|:|||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement<br>in|
||||resources|expended|losses|funds|
||||F||||
|Unrestricted||funds|||||
|General|fund||51,246|26,843|59,320|83,723|
|TOTAL|FUNDS||f51,246|226,843|259,320|283,723|



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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||F|E|
|INCOME|||||||
|Investment<br>income|||||||
|interest received|||||1,467|141|
|Dividends|||||49,779|36,789|
|Total incoming<br>resources|||||f51,246|36,930|
|EXPENDITURE|||||||
|Investment<br>management||costs|||||
|Porffolio management|||||9,805|12,060|
|Charitable<br>activities|||||||
|Grants|||||7,880|41,400|
|Governance<br>costs|||||||
|Independent<br>Examiner's|Fees||||2,880|2,850|
|Bank charges|||||422|603|
|Marketing|||||5,856||
||||||17,038|44,853|
|Total resources expended|||||26,843|56,913|
|Net income/(expenditure)||before movements||on|||
|unrealised<br>gains and|losses||||24,403|(19,983)|
|Gains and losses|||||||
|Unrealised<br>gain/(losses)|on|investment|assets||66,935|(125,868)|
|Realised gains/(losses)|on|investment|assets||(7,615)|(16,783)|
|Net income/(expenditure)|||||683,723|F(162,634)|