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||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|2|
|Independent<br>Kxamhser's<br>Report|||||
|Statemeat ofFinmtcial Activities|||||
|Balance Sheet||5|to|6|
|Notes to the F'iaaucial Statements||7|to|12|
|Detailed Statentent ofFinnncial|Activities||13||





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||||||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)<br>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|





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|BALANCESHEKT<br>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<br>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|





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|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<br>activities||||
||Donations|||5,000|
||Governance<br>costs|||20,202|
||Total|||25,202|
||Net gains on investments|||178,370|
||NKT INCOME|||185,027|
||RECONCILIATION|OF FUNDS|||
||Total funds brought<br>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|





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||||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<br>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|





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||||||||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<br>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|





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|||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|





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|||2022|2021|
|---|---|---|---|
|||8||
|INCOME AND ENDOWMENTS||||
|Donations<br>aml legncles||||
|Donations||30,000||
|Other trniling<br>nctivities||||
|Investment<br>income||37,900|31,859|
|Total incoming<br>rcsourees||67,900|31,859|
|EXPENDITURE||||
|Chnritnble<br>activities||||
|Charitable<br>donations|||5,000|
|Support costs||||
|Governance<br>costs||||
|Management<br>fees||6,391|10,754|
|Accountancy<br>fees||1,300|1,214|
|Prol'essionnl<br>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|