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|`Contents`||
|---|---|
||<br>`Page`|
|`ReportoftheTrustees`|`1-4`|
|`Independentexaminer’sreport`|`5`|
|`Statementoffinancialactivities`|`6`|
|`Balancesheet`|`7`|
|`Notestothefinancialstatements`<br>|`8-12`<br>|





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## 17 January 2025 




|||`31March2024`|`31March2023`|`31March2023`|
|---|---|---|---|---|
|||`Unrestricted`||`Unrestricted`|
|||`Funds`||`Funds`|
||`Notes`|`£`||`E`|
|`Incomeandendowmentsfrom`|||||
|`Investmentincome`|`3`|`152,594`||`136,611`|
|`Otherincome`||`180`||`8,082`|
|`Expenditureon`|||||
|`Raisingfunds`|`4`|`38,415`||`124,577`|
|`Charitableactivities`|||||
|`Provisionofgrantstofurthereducation`||`58,632`||`21,965`|
|`Total`||<br>`97,047`|<br>|<br>`146,542`|
|`Netgainsoninvestments`|||`-`|`348,000`|
|`Netincome`||<br> <br>`55,727`|<br> <br>|<br> <br>`346,151`|
|`Reconciliationoffunds`|||||
|`Totalfundsbroughtforward`||`4,033,380`||`3,687,229`|
|`Totalfundscarriedforward`||<br>`4,089,107`<br>|<br> <br>|<br>`4,033,380`<br>|








15 January 2025 




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|`Investmentincome`|||
|---|---|---|
||`31March`|`31March`|
||`2024`|`2023`|
||`£`|`£`|
|`Rentsreceived`|`151,672`|`136,550`|
|`Interestreceived`|<br>`922`|<br>`61`|
||<br>`152,594`<br>|<br>`136,611`<br>|





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|`4.`<br>`Raisingfunds`|||
|---|---|---|
||`31March`|`31March`|
||`2024`|`2023`|
||`£`|`£`|
|`Portfoliomanagement`|`14,375`|`13,754`|
|`Professionalfees`<br>`Propertyrepairs`|`225`<br>`11,137`|`13,051`<br>`85,211`|
|`Maintenancecharges`|`5,058`|`6,383`|
|`Ratesandwater`|`68`|`897`|
|`Insurance`|<br>`7,552`|<br>`5,281`|
||<br>`38,415`|<br>`124,577`|



|`nrespectofthefixedassetsstatedatvaluations,thecom`<br>`ollows:`|`parablehistoricalcost`|`valuesareas`|
|---|---|---|
||`2024`|`2023`|
||`£`|`£`|
|`Historicalcost`|<br>`2,135,000`|<br>`2,135,000`|
|`ebtors:Amountsfallingduewithinoneyear`|||
||`31March`|`31March`|
||`2024`|`2023`|
||`£`|`£`|
|`Tradedebtors`|`-`|`1,098`|
|`Otherdebtors`|<br>`119,928`|<br>`39,421`|
||<br>`119,928`<br>|<br>`40,519`<br>|



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|||||`31March`|`31March`|
|---|---|---|---|---|---|
|||||`2024`|`2023`|
|||||`£`|`£`|
||`Tradecreditors`|||`1,731`|`-`|
||`Othercreditors`|||<br>`20,450`|<br>`8,539`|
|||||<br>`22,181`|<br>`8,539`|
||`Creditors:Amountsfallingdueafter`|||||
|||||`31March`|`31March`|
|||||`2024`|`2023`|
|||||`£`|`£`|
||`Othercreditors`|||<br>`10,640`|<br>`600`|
|`10.`|`Movementinfunds`|||||
|||`At`|<br>`Net`|`Transfer`|`At`|
|||`1April`|<br>`movement`|`between`|`31March`|
|||`2023`|<br>`infunds`|`funds`|`2024`|
|||`£`|<br>`£`|`£`|`£`|
||`Unrestrictedfunds`|||||
||`Generalfund`|`1,380`|<br>`55,727`|`-`|`57,107`|
||`Investmentpropertyfund`|`4,002,000`|<br>`-`|`-`|`4,002,000`|
||`Propertymaintenancefund`|<br>`30,000`|<br> <br>`-`|<br>`-`|<br>`30,000`|
||`Totalfunds`|<br> <br>`4,033,380`|<br> <br> <br>`55,727`|<br> <br>`-`|<br> <br>`4,089,107`|
||`Netmovementinfunds,includedintheabove`||`areasfollows:`|||
|||`Incoming`|<br>`Resources`|`Gainsand`|`Movement`|
|||`resources`|<br>`expended`|`losses`|`infund`|
|||`£`|<br>`£`|`£`|`£`|
||`Unrestrictedfunds`|||||
||`Generalfund`|`152,774`|<br>`(97,047)`|`-`|`55,727`|
||`Investmentpropertyfund`||<br> <br>`-`<br>`-`|<br> <br>`-`|<br> <br>`-`|
||`Totalfunds`|<br>`152,774`<br>|<br> <br>`(97,047)`<br>|<br>`-`<br>|<br>`55,727`<br>|





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||`At`|`Net`|`Transfer`|`At`|
|---|---|---|---|---|
||`1April`|`movement`|`between`|`31March`|
||`2022`|`infunds`|`funds`|`2023`|
||`£`|`£`|`£`|`£`|
|`Unrestrictedfunds`|||||
|`Generalfund`|`3,229`|`(1,849)`|`-`|`1,380`|
|`Investmentpropertyfund`<br>`Propertymaintenancefund`|`3,654,000`<br>`30,000`|`348,000`<br>`-`|`-`<br>`-`|`4,002,000`<br>`30,000`|
|`Totalfunds`|<br> <br>`3,687,229`|<br> <br>`346,151`|<br> <br>`-`|<br> <br>`4,033,380`|
|`Comparativenetmovementinfunds,includedin`||`theaboveareasfollows:`|||
||`Incoming`|`Resources`|`Gainsand`|`Movement`|
||`resources`|`expended`|`losses`|`infund`|
||`£`|`£`|`£`|`£`|
|`Unrestrictedfunds`|||||
|`Generalfund`|`144,693`|`(146,542)`|`-`|`(1,849)`|
|`Investmentpropertyfund`|`-`|`-`|`348,000`|`348,000`|
|`Totalfunds`|<br>`144,693`<br>|<br>`(146,542)`<br>|<br>`348,000`<br>|<br>`346,151`<br>|



## 

|`intheUK.Duringtheyearcostsof£14,654(2023:£15,4`<br>`AllanJanesLLP.Thebreakdownofwhichis:`|`85)wereinvoicedtothe`|`charityfrom`|
|---|---|---|
||`2024`|`2023`|
||`£`|`£`|
|`ProfessionalTrusteefees`|`2,730`|`2,065`|
|`Trusteesmeetings`|`1,560`|`4,238`|
|`Workinconnectionwithgrantapplications`|`3,775`|`1,378`|
|`Supportprovidedtostudents`|`562`|`52`|
|`Supportandrunningcosts`|<br>`6,027`|<br>`7,752`|
||<br>`14,654`<br>|<br>`15,485`<br>|