2023-04-05-accounts

		Pago
Report ofthe Trustees
Iudependent Exauuuer's	Report
Statement ofFinsnoial	Activities
Bahurce Sheet
Notes to the Financial Statements		5 to7
Detailed Statement ofFinaucial Activities

			2023	2022
			Unrestricted	Total
		Notes	fund	fundsI
INCOME AND ENDOWMENTS FROM
hwestment inoome			25214	23543
Other income			253
Total			25467	23543
EXPENDITURE ON
Charitable activities
Grant to mshtudcus			16000	14500
Other			19107	13725
Total			35107	28225
Net gains/(losses) on	investments		( 42266)	55578
NET INCOME/(EXPENDITURE)			( 51906)
RECONCILIATION	OFFUNDS
Total funds brought	forward		943495	892599
TOTAL FUNDS CARRIED FORWARD			891589	943495

			2023		2022
		Unrestrioted			Total
			fuud		fimds
	Notes		8
FIXEDASSETS
Investments			611969		886912
CURRENT ASSETS
Cash at bsntr			280683		57585
CREDITORS
Amounts falling duo vvithin one year		(	1063)	(	1002)
NKT CURRENT ASSETS			279571		56583
TOTAL ASSETSLESSCURRENT
LIABILITIES			891589		943495
NKT ASSETS			891589		943495
FUNDS
Unrestricted funds			891589		943495
TOTALPUNDS			891589		943495

Further explaaation ofthe natum and purpose ofeach fuml	is uioluded in the notes to the Snanoial sta	tements.
INVESTMENT INCOME
	2023	2022
	g
Dividends	19719	19178
Iaterest receivable	5495	4365
	25214	23543

				Listed
				invesuuents
MARKET VALUE				8
At 6April 2022 Additions Disposals Revaluations				886912 243423 (476100) ( 42266)
At 5April 2023				611969
NKT BOOKVALUE
At 5April 2023				611969
At 5 April 2022				886912
Fixed asset investments	can be oategorised	as follows. '
UK				6 404878
0versens				207091
				611969
CREDITORSt'AMOUNTS FALING DUE WiTHIN ONE YEAR
			2023	2022
			8	6
Acorued expenses			1063	1002
MOVEMENT IN FUNDS

		Net	movements
		At 6.4.22 I	in funds	At 5.4.23
UnrestNcted	funds
Geuera1 fund		943495	( 51906)	891589
TOTAL FUNDS		943495	( 51906)	891589

			Incoming	Incoming	Resources	Gauts and	Movement in
			re	so I I foesI	expended	losses f,	funds 8
Unrestrdcted	funds
General fund				25467	(35107)	(42266)	(51906)
				25467	(35107)	(42266)	(51906)
Compsratives	for movement	in funds
					Net	ruovements
					At 6.4,21	ur funds	At5.4.22
					8	f,
Unrestricted	funds
General food					892599	50896	943495
TOTALFUN	DS				892599	50896	943495

		Incoming	Resources	Gaius snd	Movement in
		resources	expendedI	losses 8	Suds
Unrestricted	funds
Genora 1fund		23543	( 28225)	55578	50896
TOTAL FUNDS		23543	( 28225)	55578	50896

					2023	2022
INCOME AND ENDOWMENTS
Investroeat income
Dividends					19719	19178
Interest receivAble					5495	4365
					25214	23543
0ther iucome					253
Total incoming resources					25467	23543
EXPENDITURE
Charitable activities
Grants to institutions					16000	14500
Support costs
Other
Accountancy fees					1062	1006
Logal and professional	I'ees				9932	4474
Investment managemeat		fees			8093	8245
Batdr charge					20
					19107	13725
Totalrcsourccs cxpcndcd					35107	28225
Net expenditure before		gains	and losses		( 9640)	( 4682)
Realised recegabed	gains and losses
Gains/(losses) ou revaluations			and disposals ofinvostment	assets	(42266)	55578
Net income/(expenditure)					(51906)	50896