| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 | |
| Independent Kxamhser's Report |
||||
| Statemeat ofFinmtcial Activities | ||||
| Balance Sheet | 5 | to | 6 | |
| Notes to the F'iaaucial Statements | 7 | to | 12 | |
| Detailed Statentent ofFinnncial | Activities | 13 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| fu rid | frill ris | |||||
| Notes | 6 | 8 | ||||
| INCOME | AND ENDOWMENTS | IiROM | ||||
| Donations | and legacies | 30,000 | ||||
| Other trading activities | 37,900 | 31,859 | ||||
| rotai | 67,900 | 31,859 | ||||
| EXPENDITURE ON | ||||||
| Charitable | activities | |||||
| Donations | 500 | 5,000 | ||||
| Governance | costs | 15,791 | 20,202 | |||
| Total | 16,291 | 25,202 | ||||
| Net gains/(losses) on investments |
(163,546) | 178,370 | ||||
| NKT INCOME/(EXPENDITURE) | (111,937) | 185,027 | ||||
| RECONCILIATION | OFIUNDS | |||||
| Total funds | brought fonvard | 1,652,053 | 1,467,026 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,540,116 | 1,652,053 |
| BALANCESHEKT 31OCTOBER 2022 |
|||
|---|---|---|---|
| 2022 | 2021 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | 8 | f, | |
| FIXEDASSETS | |||
| Investments | 1,426,589 | 1,594,735 | |
| CURRENT ASSETS | |||
| Debtors | 6,160 | 6,539 | |
| Cash at bank | 108,667 | 51,993 | |
| 114,827 | 58,532 | ||
| CREDITORS | |||
| Amounts falling due ivithin one year |
(1,300) | (1,214) | |
| NET CURRENT ASSETS | 113,527 | 57,318 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 1,540,116 | 1,652,053 | |
| NET ASSETS | 1,540,116 | 1,652,053 |
| FOR | THE YEAR ENDED | 31OCTOBER 2022 | ||
|---|---|---|---|---|
| 4. | COMPARATIVKS | lrOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
| Unrestricted | ||||
| fund | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Other tmding activities | 31,859 | |||
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| Donations | 5,000 | |||
| Governance costs |
20,202 | |||
| Total | 25,202 | |||
| Net gains on investments | 178,370 | |||
| NKT INCOME | 185,027 | |||
| RECONCILIATION | OF FUNDS | |||
| Total funds brought forrvard |
1,467,026 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,652,053 | |||
| 5. | FIXEDASSETINVESTMENTS | |||
| 2022 | 2021 | |||
| Shares | 1,154,960 | 1,323,106 | ||
| Other | 271,629 | 271,629 | ||
| 1,426,589 | 1,594,735 |
| Listed | |||
|---|---|---|---|
| Iltvestlnellls | |||
| f, | |||
| MARI&ET VALUE | |||
| At I November | 2021 | 1,323,106 | |
| Disposals | (4,600) | ||
| Revaluations | (163,546) | ||
| At 31 October | 2022 | 1,154,960 | |
| NET BOOI&VALUE | |||
| At 31 October | 2022 | 1,154,960 | |
| At 31October | 2021 | 1,323,106 | |
| 2022 | 2021 | ||
| UK investments | |||
| Overseas investments |
|||
| Global investments | 1,154,960 | 1,323,106 | |
| 1,154,960 | 1,323,106 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Artwork | 271,629 | 271,629 | ||
| 6. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONK YEAR | ||
| 2022 | 2021 | |||
| g | ||||
| Prepayments | and accrued income | 6,160 | 6,539 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Other creditors | 1,300 | 1,214 | ||||||
| 8. | MOVEMENT IN FUNDS | |||||||
| Net | ||||||||
| At | movement | At | ||||||
| 1.11.21 | in funds | 31.10.22 | ||||||
| Unrestricted | funds | |||||||
| General fund |
1,652,053 | (111,937) | 1,540,116 | |||||
| TOTAL FUNDS | 1,652,053 | (111,937) | 1,540,116 | |||||
| Net movement | in funds, included | in the above | are as follotvs: | |||||
| Incoming | Resources | Gains and | Movement | |||||
| resources | expended | losses | in funds | |||||
| f. | f, | 8 | ||||||
| Unrestricted | funds | |||||||
| General fund | 67,900 | (16,291) | (163,546) | (111,937) | ||||
| TOTAL FUNDS | 67,900 | (16,291) | (163,546) | (111,937) | ||||
| Contpnrativcs | for movement | in | funds | |||||
| Nct | ||||||||
| At | movement | At | ||||||
| 1.11.20 | in funds | 31.10.21 | ||||||
| f, | ||||||||
| Unrestricted | funds | |||||||
| General fund | 1,467,026 | 185,027 | 1,652,053 | |||||
| TOTAL FUNDS | 1,467,026 | 185,027 | 1,652,053 |
| Incontlng | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| fcsoufccs | expended | losses | in funds | ||
| f. | f, | ||||
| Uurestricted | funds | ||||
| General fund | 31,859 | (25,202) | 178,370 | 185,027 | |
| TOTALIUNDS | 31,859 | (25,202) | 178,370 | 185,027 |
| Net | |||||
|---|---|---|---|---|---|
| At | movement | At | |||
| 1.11.20 | in funds | 31.10.22 | |||
| f. | |||||
| Unrestricted | funds | ||||
| General | fund | 1,467,026 | 73,090 | 1,540,116 | |
| TOTAL | IrUNDS | 1,467,026 | 73,090 | 1,540,116 |
| Incomhlg | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| f, | |||||
| Uurestricted | funds | ||||
| General fund | 99,759 | (41,493) | 14,824 | 73,090 | |
| TOTAL FUNDS | 99,759 | (41,493) | 14,824 | 73,090 |
| 2022 | 2021 | ||
|---|---|---|---|
| 8 | |||
| INCOME AND ENDOWMENTS | |||
| Donations aml legncles |
|||
| Donations | 30,000 | ||
| Other trniling nctivities |
|||
| Investment income |
37,900 | 31,859 | |
| Total incoming rcsourees |
67,900 | 31,859 | |
| EXPENDITURE | |||
| Chnritnble activities |
|||
| Charitable donations |
5,000 | ||
| Support costs | |||
| Governance costs |
|||
| Management fees |
6,391 | 10,754 | |
| Accountancy fees |
1,300 | 1,214 | |
| Prol'essionnl fees |
6,750 | 6,862 | |
| VAT on professional | fees | 1,350 | 1,372 |
| 15,791 | 20,202 | ||
| Total resources expended | 16,291 | 25,202 | |
| Net income before gains and losses | 51,609 | 6,657 | |
| Realised recognised | gnins sml losses | ||
| Gains on revaluations | and disposals ofinvestments | ||
| assets | (163,546) | 178,370 | |
| Nct (expenditure)/income | (111,937) | 185,027 |