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|||||Notes|General|Endow'mt||Research||TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Fund|Fund||Fund||2023|2022|
||||||5|F|||||F|
|INCOIVIE FROM||||||||||||
|from generated<br>funds||||||||||||
|Members'<br>activities||||2|16,489|||||16,489|4,943|
|Sale ofpublications|||||||||||1,884|
|Investment<br>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<br>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<br>funds||||||||||||
|Members'<br>activities||||3|28,044|||||28,044|10.708|
|Chaditable<br>activities||||||||||||
|Journal|||||11,949|||||11,949|10,225|
|Newsletters<br>&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<br>costs|||||1,610|||||1,810|1,510|
|TOTAL EXPENDITURE|||||49,699|||12,416||62,115|27,452|
|NET INCOME/(EXPENDITURE)|||AND|NET||||||||
|MOVEMENT<br>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<br>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|





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||Notes|General|Endow'mt|Research|TOTAL|TOTAL|
|---|---|---|---|---|---|---|
|||Fund<br>f.|Fund<br>f|Fund<br>f|2023f|2022|
|TANGIBLE FIXEDASSETS|||||||
|Chairman's<br>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|






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|and sn overall surpl|us am|es|ss fot|hws|i||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
||||||||6|5|
|incoming<br>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<br>activities:|||||||||
|Journal|||||11,949||11,M9|10,225|
|Newsletter|||||2,096||2,096|2,000|
|Grants 8 prizes|||||6,000|||500|
|Governance costs;|||||||||
|Independent<br>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,<br>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|





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||||||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|



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