2023-03-31-accounts

				Notes	General	Endow'mt		Research		TOTAL	TOTAL
					Fund	Fund		Fund		2023	2022
					5	F					F
INCOIVIE FROM
from generated funds
Members' activities				2	16,489					16,489	4,943
Sale ofpublications											1,884
Investment income
Dividends					2,006			1,246		3,252	2,903
Bank interest					569	75		225		869	21
					19,064	75		1,471		20,610	9,751
from charitable activities
Subscriptions - full members					21,345					21,345	21,195
Journal subscriptions	&	sales			3,277					3,277	4,072
					24,622					24,622	25,267
Income tax recoverable					3,077					3,077	3,062
Donations					1,154					1,754	174
					28,853			600		29,453	28,503
TOTAL INCOME					47,917	75		2,071		00,003	30,004
EXPENDITURE ON
Cost ofgerierating funds
Members' activities				3	28,044					28,044	10.708
Chaditable activities
Journal					11,949					11,949	10,225
Newsletters &leaflet					2,096					2,096	2,009
Grants & prizes					6,0DD			12,416		18,416	3,000
					20,045			12,416		32,461	15,234
Governance costs					1,610					1,810	1,510
TOTAL EXPENDITURE					49,699			12,416		62,115	27,452
NET INCOME/(EXPENDITURE)			AND	NET
MOVEMENT IN FUNDS FOR		THE YEAR			1,782	75	-	10,345	-	12,052	10,802
Gains (losses) on investment		assets			2,657			1,648	-	4,305	8,930
Total funds brought forward					133,470	8,078		66,505		208,053	188,321
TOTAL FUNDS AT 31 MARCH			2023		129,D31	8,153		54,512		'191,696	208,053

	Notes	General	Endow'mt	Research	TOTAL	TOTAL
		Fund f.	Fund f	Fund f	2023f	2022
TANGIBLE FIXEDASSETS
Chairman's Cup	6	7,920			?,920	7,920
Investments	7	72,334		44,819	117,163	121,459
		80,254		44,8'l9	126,073	129,379
CURRENT ASSETS
Debtors and prepayments	8	14,871			'l4,87'I	3,932
Bank balances		69,704	8,153	12,843	S0,700	92,820
		84,575	8,153	12,843	106,671	96,752
CURRENT LIABILITIES
Deferred income and accruals	9	35,198		3,750	38,948	18,078
NET CURRENT ASSETS		49,3ZZ	8,153	9,093		78,674
TOTAL NETASSETS		129,631	8,153	53,912	1S1,698	208,053
RESERVES/FUNDS	10	129,031	8,153	54,512	191,698	208,053

and sn overall surpl	us am	es	ss fot	hws	i
							2023	2022
							6	5
incoming resources	from	acavities					10,409	4.943
Direct costs							9,002	2,072
Net mcome							6,907	2.871
General fund resources expended
					Direct	Suppori	Total	TOISI
					costs	costs	2023	2022
					f.			5
Cost of generating	funds:
Members' acavises					0.502	18.542	28,044	10,708
Charitable activities:
Journal					11,949		11,M9	10,225
Newsletter					2,096		2,096	2,000
Grants 8 prizes					6,000			500
Governance costs;
Independent exsminafion		fee, etc			1,810		1,610	1,510
Trial resources expended					31,157	18.542	49,699	24,952
Suppon coals comprise:
RoOrn snd meeting	expenses						6,746	3.287
Postage, stationery	and storage						1,509	848
ITsnd website, Induding		upgrading		to	date		7,040	2,532
Bank and similar transaction			charges				1,930	1,089
Other costs							817	882
							18,542	8,636

					Market	Historic
					value	cost
					6	6
COIF Charities			Investment	Fund Income units	58,598	48,750
COIF Charities			Global Equity Income Fund Income units		80,554	45,750
					117,153	97,500
Research	Fund		element—		44,819	42.500'
Debtors
					2023	2022
					8	6
Income tax		recoverable			3,076	3,019
Outstanding		subscriptions			3,155	375
Payments	in advance				8,288	439
Other					352	99
					14,871
Deferred income and accruals
					2023	2022
						6
Deferred income					28,211	7,566
Accruals					10,737	10,510
						18,078