## ## |James Francis|| |---|---| |Ensors Accountants|LLP| |Incubator 2|| |The Boulevard|| |Enterprise
Campus|| |Alconbury
Weald|| |Huntingdon|| |Cambridgeshire|| |PE28 4XA|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Unrestdcted| |---|---|---|---|---| ||||Funds|Funds| ||||Year ended|Year ended| ||||28 February|28 February| ||||2023|2022| |||Notes||| |Income from||||| |Legacies &donations|||32,015|| |Dividends
& interest|||42,500|35,329| |Total income|||74,515|35,329| |Expenditure
on||||| |Charitable
activities|||14,000|19,000| |Costs of raising funds|||16,228|15,987| |Other costs|||10,937|10,853| |Total expenditure|||41,165|45,840| |Net (expenditure)/income|||33,350|(10,511)| |Other recognised|gains and losses|||| |Net gains on investments|||66,983|185,726| |Net movement
In funds|||100,333|155,215| |Total funds brought|forward||2,004,258|1,849,043| |Total funds carried forward|||2,104,591|2,004,258| ## ## |||||||28 February||28February| |---|---|---|---|---|---|---|---|---| |||||||2023||2022| |||||Notes|||8|8| |Fixed assets||||||||| |Investments||||||2,032,266||1,946,423| |Current assets||||||||| |Debtors|||||||2,113|| |Cash at bank|and|In|hand||74,125||78,700|| ||||||74,125||80,813|| |Creditors: amounts|||falling due|||||| |within one year||||9|(1,800)||(22,978)|| |Net current|assets|||||72,325||57,835| |Total assets|less|current||||||| |liabilities||||||2,104,591||2,004,258| |Represented|by|||||||| |Unrestricted|funds|||||||| |Designated
funds||||10||2,032,266||1,946,423| |General funds||||||72,325||57,835| |Total unrestricted||funds||||2,104,591||2,004,258| ## ## ## ## ## ## ## ## ## ## ## ## |2|Legacies and donations|Legacies and donations|Legacies and donations||||| |---|---|---|---|---|---|---|---| |||||||2023|2022| |||||||6|| ||Unrestricted
funds:||||||| ||Donations|||||32,015|| |3|Dividends
and interest|||||2023|2022| |||||||2|2| ||Income from listed investments|||||42,268|35,329| ||Interest receivable|||||232|| |||||||42,500|35,329| |4|Expenditure|||||2023|2022| |||||||B|6| ||Charitable
activities||||||| ||Grants to institutions:||||||| ||The Society for protection|||of Animals|Abroad|5,000|| ||Blue Cross|||||9,000|1,000| ||Greenpeace
Charitable||Trust||||1,000| ||Hearing
Dogs for the|Deaf|||||1,000| ||Kent Wildlife Trust||||||1,000| ||League Against Cruel Sports||||||1,000| ||PACT Animal
Sanctuary||||||1,000| ||PDSA||||||1,000| ||RSPB||||||1,000| ||RSPCA||||||1,000| ||Royal Veterinary
College Animal Care Trust||||||1,000| ||SPANA (Society for the||protection of||animals abroad)||1,000| ||Sight Savers International||||||1,000| ||The Brooke Hospital|for|Animals||||1,000| ||The Dogs' Trust||||||1,000| ||World Society for the|Protection of Animals|||||1,000| ||WWF - UK||||||1,000| ||CamVet||||||1,000| ||Dogs for Good||||||1,000| ||PETA Foundation||||||1,000| |||||||14,000|19,000| ## ## |4|Expenditure|(continued)|||2023|2022| |---|---|---|---|---|---|---| ||||||8|8| ||Reconciliation ofgrants payable|||||| ||Commitments|unpaid at 1 March 2022|||19,000|19,000| ||Commitments|made
in the year (above)|||14,000|19,000| ||Grants paid|during the year|||(33,000)|(19,000)| ||Commitments|unpaid
at 28 February 2023 (Note 9)||||19,000| ||Costs of raising funds
Investment
managers'
fees||||16,228|15,987| ||||||16,228|15,987| ||Other costs|||||| ||Management,|administration|and accountancy|fees|9,050|7,694| ||independent
examination:
Independent
examination
fees
Other services - accountancy||||1,800|2,620
480| ||Irrecoverable|withholding
tax|||87|59| ||||||10,937|10,853| ## ## ## ## |7|Fixed asset investments||||2023||2022| |---|---|---|---|---|---|---|---| ||||||6||K| ||Listed investments:||||||| ||Market value at 1 March|2022|||1,904,112||1,596,301| ||Additions
at cost||||213,520||411,835| ||Disposal proceeds||||(187,658)||(269,750)| ||Realised losses on disposals|||79,867||1,169|| ||Unrealised
gains/(losses}|on revaluation||(12,885)||164,557|| ||||||66,982||165,726| ||||||1,998,9S6||1,904,112| ||Cash||||35,310||42,311| ||Market value at 28 February 2023||||2,032,266||1,948,423| ||Historical
cost ofinvestments||||1,362,828||1,257,099| ||The portfolio was comprised
as follows:||||||| ||Equities||||1,356,840||1,389,733| ||Fixed Interest Securities||||148,512||185,615| ||Alternative
Assets||||442,553||328,764| ||Open Ended Investment|Unit Trust|||49,051||| ||Cash||||35,310||42,311| ||||||2,032,266||1,946,423| ||Investments
representing|more than 5%of|the total|market value|ofthe listed|investments|portfolio were| ||as follows:||||||| ||European
Opportunities|Trust Pic Ord GBO0,01|||99,450||| ||Link Fund Solutions
Ltd|Ruffer Total Return|C Dis||112,680||| ||Fidelity European
Trust|Pic Ord GBP0.025|||101,100||| ||ishares FTSE100UCITS ETF NAV||||97,567||| ||ishares S&P500 UCITS|ETF NAV|||108,371||| ## ## |8|Debtors||||| |---|---|---|---|---|---| |||||2023|2022| |||||f|f| ||Other debtors||||2,113| ||||||2,113| |9|Creditors;|amounts|falling due within one year||| |||||2023|2022| |||||f|f| ||Grants payable (note||4)||19,000| ||Other creditors|||1,800|3,978| |||||1,800|22,978| ## |||1 March|New|Designations|28 February| |---|---|---|---|---|---| |||2022|designations|released|2023| ||||f|f|f| |Investment|fund|1,946,423|273,501|(187,658)|2,032,266| |||1 March|New|Designations|28 February| |||2021|designations|released|2022| |||f|F|f|f| |Investment|fund|1,750,492|465,681|(269,750)|1,946,423|