## 

## 

|||Page|
|---|---|---|
|Reference and Administrative<br>Details of the Charity, its Trustees and Advisers|||
|Trustees' Report||2-6|
|Independent<br>Auditors'|Report|8-10|
|Statement of Financial|Activities||
|Statement of Financial|Position|12|
|Notes to the Financial|Statements|13-20|





## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2023|2023|2022|
|||Note|2|2||
|Income from:||||||
|Investments||3|191,963|191,963|133,499|
|Total income|||191,963|191,963|133,499|
|Expenditure<br>on:||||||
|Raising funds||5|67,457|67,457|66,000|
|Charitable<br>activities|||79,208|79,208|192,262|
|Other expenditure|||55,648|55,648|9,552|
|Total expenditure||5,15|202,313|202,313|267,814|
|Net (losses)/gains|on investments|9|(237,340)|(237,340)|9,018,721|
|Net movement<br>in|funds||(247,690)|(247,690)|8,884,406|
|Reconciliation<br>of|funds:|||||
|Total funds brought|forward||35,517,410|35,517,410|26,633,004|
|Net movement<br>in funds|||(247,690)|(247,690)|8,884,406|
|Total funds carried forward|||35,269,720|35,269,720|35,517,410|









## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 




## 

## 

||||||||Unrestricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||funds|funds|funds|
|||||||||2023|2023|2022|
|||||||||2|2||
|Auditors'<br>remuneration||||||||6,840|6,840|6,240|
|Administrative<br>support||and corporate governance||||fees||20,000|20,000|20,033|
|Total 2023||||||||26,840|26,840|26,273|
|Analysis ofresources||expended|||by expenditure|type|||||
||||||||Other costs||Total|Total|
|||||||||2023|2023|2022|
|||||||||2|2||
|Legal fees||||||||3,000|3,000|3,892|
|Investment<br>management|||fees|||||64,457|64,457|62,108|
|Costs of generating|funds|||||||67,457|67,457|66,000|
|Charitable<br>activities|- contributions||||to charities|||52,368|52,368|165,989|
|Charitable<br>activities||||||||52,368|52,368|165,989|
|Expenditure<br>on governance||||||||26,840|26,840|26,273|
|Loss/ (gain) on foreign||exchange||||||7,177|7,177|(6,939)|
|Public relations costs &website development||||||||40,775|40,775|16,491|
|||||||||194,617|194,617|267,814|
|Auditors'<br>remuneration|||||||||||
||||||||||2023|2022|
||||||||||2||
|Fees payable to the <br>accounts|Charity's|||auditor for the audit||of the|Charity's|annual|6,840|6,240|



## 

## 



## 

## 

## 

## 

||Listed|
|---|---|
||securities|
||E|
|Valuation||
|At 1 April 2022|26,627,994|
|Revaluations|35,084|
|At 31 March 2023|26,663,078|






## 

## 

## 

## 

## 

|||||||'/o of|'/o of|
|---|---|---|---|---|---|---|---|
|||||||portfolio|porffolio|
|||||||2022|2021|
|||||||2|6|
|Overseas|equity|funds|-|Apple|Inc|100|100|



## 

|Gains and|Losses on|investment<br>assets|||
|---|---|---|---|---|
||||2023|2022|
||||2||
|Profit on disposal of current asset investments|||2,069|331,309|
|Revaluation|(loss)/gain|on current asset investments|(274,492)|166,717|
|Revaluation|gain on fixed asset investments||35,084|8,520,694|
|Total|||(237,339)|9,018,720|



## 

## 

|2023|2022|
|---|---|
|2|2|
|8,651,636|8,900,166|





## 

## 

|Creditors: Amounts<br>falling due within one yea|r||
|---|---|---|
||2023|2022|
||6||
|Accruals|48,260|26,454|
|Grants payable|49,241|85,643|
||97,501|112,097|



## 

|2023|2022|
|---|---|
|6||
|40,138|81,280|



|Statement o|ffunds - current|year|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at|||Gains/|31 March|
|||1 April 2022<br>6|Income<br>6|Expenditure<br>6|(Losses)<br>6|2023<br>6|
|Unrestricted|funds||||||
|General Funds - all funds||35,517,410|191,963|(202,312)|(237,340)|35,269,721|



|Statement<br>o|f funds - prior y|ear|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at|||Gains/|31 March|
|||1 April 2021|Income|Expenditure|(Losses)<br>6|2022<br>2|
|Unrestricted|funds||||||
|General Funds - all funds||26,633,004|133,499|(267,814)|9,018,721|35,517,410|





## 

## 

## 

## 

## 

|Analysis of net assets between funds<br>Analysis of net assets between funds -current year|||
|---|---|---|
||Unrestricted|Total|
||funds|funds|
||2023f|2023<br>6|
|Fixed asset investments|26,663,078|26,663,078|
|Current assets|8,744,282|8,744,282|
|Creditors due within one year|(97,501)|(97,501)|
|Creditors due in more than one year|(40,138)|(40,138)|
|Total|35,269,721|35,269,721|



## 

## 

|Analysis of net assets between funds - prior year|||
|---|---|---|
||Unrestricted|Total|
||funds|funds|
||2022|2022|
||2||
|Fixed asset investments|26,627,994|26,627,994|
|Current assets|9,082,793|9,082,793|
|Creditors due within one year|(112,097)|(112,097)|
|Creditors due in more than one year|(81,280)|(81,280)|
||35,517,410|35,517,410|



## 

##