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||||Notes|General|Endow'mt|Research|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|---|
|||||Fund|Fund|Fund|2022|2021|
|||||||||F|
|INCOME FROM|||||||||
|from generated<br>funds|||||||||
|Members'<br>activities||||4,943|||4,943||
|Sale of publications||||||1,884|1,884|376|
|Investment<br>income|||||||||
|Dividends||||1,837||1,066|2,903|1,649|
|Bank interest||||14||5|21|85|
|||||6,794||2,955|9,751|2,110|
|from charitable<br>activities|||||||||
|Subscriptions<br>- full members||||21,195|||21,195|21,686|
|Journal subscriptions|&sales|||4,072|||4,072|3,213|
|||||25,267|||25,267|24,899|
|Income tax recoverable||||3,062|||3,062|3,893|
|Donations||||174|||174|35,316|
|||||28,503|||28,503|64,108|
|TOTAL INCOME||||35,297||2,955|38,254|66,218|
|EXPENDITURE ON|||||||||
|Cost ofgenerating<br>funds|||||||||
|Members'<br>activities||||10,708|||10,708|6,349|
|Charitable<br>activities|||||||||
|Journal||||10,225|||10,225|8,179|
|Newsletters<br>& leaflet||||2,009|||2,009|2,354|
|Grants||||500||2,500|3,000|10,250|
|||||12,734||2,500|15,234|20,783|
|Governance<br>costs||||1,510|||1,510|1,335|
|TOTAL EXPENDITURE||||24,952||2,500|27,452|28,467|
|NET INCOME/(EXPENDITURE)||AND|NET||||||
|MOVEMENT<br>IN FUNDS FOR THE YEAR||||10,345||455|10,802|37,751|
|Gains on investment<br>assets||||5,618||3,312|8,930|10,834|
|Total funds brought<br>forward||||117,507|8,076|62,738|188,321|139,736|
|TOTAL FUNDS AT 31 MARCH||2022||133,470|8,078|66,505|208,053|188,321|





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||Notes|General|Endow'mt|Research|TOTAL|TOTAL|
|---|---|---|---|---|---|---|
|||Fund|Fund|Fund|2022|2021|
|||E|F||E||
|TANGIBLE FIXEDASSETS|||||||
|Chairman's<br>Cup|6|7,920|||7,920|7,920|
|Investments|7|74,992||46,467|121,459|67,529|
|||82,912||46,467|129,379|75,449|
|CURRENT ASSETS|||||||
|Debtors and prepayments|8|3,932|||3,932|4,298|
|Bank balances||60,704|8,078|24,038|92,820|119,998|
|||64,636|8,078|24,038|96,752|124,296|
|CURRENT LIABILITIES|||||||
|Deferred income and accruals|9|14,078||4,000|18,078|11,424|
|NET CURRENT ASSETS||50,558|8,078|20,038|78,674|112,872|
|TOTAL NET ASSETS||133,470|8,078|66,505|208,053|188,321|
|RESERVES/FUNDS|10|133,470|8,078|66,505|208,053|188,321|







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|Members'<br>activities|Members'<br>activities||||||||
|---|---|---|---|---|---|---|---|---|
|During the year members||of|the Society undertook|||various visits abroad and||in the UK and|
|ran a silver course|and an overall surplus arose as follows:||||||||
||||||||2022|2021|
||||||||f||
|Incoming<br>resources|from|activities|||||4,943||
|Direct costs|||||||2,072|1,094|
|Net income|||||||2,871|(1,094)|
|General<br>fund resources expended|||||||||
|||||Direct||Support|Total|Total|
|||||costs||costs|2022|2021|
|||||f||f|f|f|
|Cost of generating|funds:||||||||
|Members'<br>activities||||2,072||8,636|10„708|6,349|
|Charitable<br>activities:|||||||||
|Journal||||10,225|||10,225|8,179|
|Newsletter||||2,009|||2,009|2,354|
|Grants|||||500||500|8,750|
|Governance<br>costs:|||||||||
|Independent<br>examination||fee, etc||1,510|||1,510|1,335|
|Total resources expended||||16,316||8,636|24,952|26,967|
|Support costs comprise:|||||||||
|Room and meeting|expenses||||||3,287||
|Postage, stationery|and storage||||||846|1,317|
|IT and website,<br>including||upgrading||to date|||2,532|2,473|
|Bank and similar transaction|||charges||||1,089|719|
|Other costs|||||||882|746|
||||||||8,636|5,255|
|Costs relating<br>to a|particular||activity|are allocated||directly whilst|support costs|are|
|apportioned<br>on an|appropriate||basis.||||||





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|(2021:f1|7|,500|Research|Fund only).|||
|---|---|---|---|---|---|---|
||||||Market|Historic|
||||||value|cost|
||||||f|f|
|COIF Charities|||Investment|Fund Income units|58,732|48,750|
|COIF Charities|||Global Equity Income Fund Income units||62,727|48,750|
||||||121,459|97,500|
|Research||Fund|element||46,467|42,500|
|Debtors|||||||
||||||2022|2021|
|||||||f|
|Income tax recoverable|||||3,019|3,000|
|Outstanding||subscriptions|||375|735|
|Payments||in advance|||439|439|
|Other|||||99|124|
||||||3,932|4,298|
|Deferred|income and accruals||||||
||||||2022|2021|
||||||f|f|
|Deferred|income||||7,568|2,433|
|Accruals|||||10,510|8,991|
||||||18,078|11,424|



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