2022-07-31-accounts

Contents					Page
Legal and	administrative		information
Report of	the Trustees				2-4
Report of	the Independent		Examiners
Statement	of Financial	Activities
Balance Sheet
Notes forming part ofthe			financial	statements	8-11

re periodically reviewed to ensure that the eserves were as follows;	y meet the needs of the charity. At the	period end the
	2022	2021
	E	E
General Reserves	2,045,793	1,886,624
Total Reserves	2,045,793	1,886,624

							Total	Total
					Notes	General	2022	2021
								'Z
Incoming resources
Incoming resources from	generated			funds
Donations					14	252,761	252,761	44,190
Investment Income						26,253	26,253	26,246
Realised profit on disposal		of investments				65,777	65,777	55
Total incoming resources						344,791	344,791	70,491
Resources expended
Investment Management	Fees					7,054	7,054	9,300
Charitable activities
Grants and donations made						13,318	13,318	24,000
Other costs						62,461	62,461	68,917
Total resources expended						82,833	82,833	102,217
(Loss) I Gain on revaluation		of	investments			102,789	102,789	300,200
Net resources expended		including				185,622	185,622	197,983
(Loss) IGain on investments
Net movement in funds						159169	159,169	268,474
Fund balances brought forward			at 1	August
2021						1,886,624	1,886,624	1,618,150
Fund balances carried forward			at 31	July
2022						2,045,793	2,045,793	1,886,624

		The S	outh Asian Decorative	outh Asian Decorative	Arts a	nd Crafts T	rust
			Balance Sheet as at		31 July	2022
					2022			2021
			Notes	6
Fixed assets
Tangible fixed	assets					151,343			141,772
Investments			10		1,647,030				1,734,843
					1,798,373				1,876,615
Current assets
Cash at bank	and	in hand		209,890			12,982
Other debtors				40,400
				250,290			12,982
Creditors			11	2 878			2 873
Net current assets						247,420			10,009
Total assets	less	current	liabilities		2,045,793				1,886,624
Funds:
Unrestricted	funds
General funds					2,045,793				1,886,624
Total funds			13		2,045,793				1,886,624

2	Investment	income				2022f	2021
	Dividends receivable		from investments		and unit trusts	26,253	26,246
						26,253	26,246
3	Grants made					2022	2021
						F
	CEPT Scholarship					13,318	24,000
						13,318	24 QQO
4	Other resources expended					2022	2021
						6
	Depreciation					61	74
	Bank charges					137	99
	Insurance					160	160
	Wages					50,868	65,092
	Accountancy					3,290	2,756
	Advertising					3,411
	Professional					1,487
	Books						228
	Sundry/Travel					3,047	508
						62,461	68,917
5	Fees payable	to the	independent	examiner for;		2022	2021
	Independent	examination				1,775	1,914
	Other					1,515	842
						3,290	2,756
6	Staff costs					2022	2021
							6
	Wages &salaries					50,869	63,980
	Social security						1,112
						50,869	65,092

8	Tangible fixed assets	Exhibition
		and display	Heritage
		equipment	assets	Total
		E	6
	Cost
	At 1 August 2021	2,448	141,471	143,919
	Additions		9,632	9,632
	At 31 July 2022	2,448	151,103	153,551
	Depreciation
	At 1 August 2021	2,147		2,147
	Charge for year	61		61
	At 31 July 2022	2,208		2,208
	Net Book Value
	At 31 July 2022	240	151,103	151,343
	At 31 July 2021	301	141,471	141,772

10	Investments			Listed	Deposit
				investments	account	Total
				8	K	6
	At 1 August 2021			1,723,621	11,222	1,734,843
	Additions			243,840		243,840
	Disposals			(302,644)		(302,644)
	Revaluation			(102,789)		(102,789)
	Cash movement	in year			73,780	73,780
	Cost Ifair value at 31		July 2022	1,562,028	85,002	1,647,030
11	Creditors —Amounts		falling due within one year		2022	2021
					F
	Accruals				1,674	1,674
	Creditors				1,196	1,299
					2,870	2,973

12	Statement offunds
						General
						reserve		Total funds
								f
	At 1 August 2021					1,886,624		1,886,624
	Income					344,791		344,791
	Expenditure					(82,833)		(82,833)
	Revaluation of investments					(102,789)		(102,789)
	At 31 July 2022					2,045,793		2,045,793
	The general reserve	represents		the free funds	of the	charity, which	are not designated for
	particular purposes.
13	Analysis of net assets between			funds
						Unrestricted
						funds		Total
	Fund balances at 31	July 2022		are represented	by:
	Fixed assets and Investments					1,798,373		1,798,373
	Net current assets					247,420		247,420
	Total net assets					2,045,793		2,045,793
14	Income from donations		and legacies			2022		2021
	Donations					252,761		44,190
						252 761		44,190