2023-04-05-accounts

			Page
General information
Report ofthe trustees			3-4
Statement oftrustees'		responsibilities
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Cashf low statement
Accounting policies			10-11
Notes to the financial	statements		12 - 14

		Unrestricted	Expendable	Total	Total
		Income	endowment	this year	iast year
	Note	Fund	Fundf	2023	2022
Incoming resources
Investment income		217,675		217,675	228,459
Total incoming resourses		217,675		217,675	228,459
Resources expended
Charitable activities
Grant and donations		7,123		7,123	453,000
Governance cost		5,220		5,220	5,580
Total resources expended		12,343		12,343	458,580
Net incoming/(outgoing)	resources	205,332		205,332	(230,121)
before transfers
Gross transfers between	funds
Net income/(outgoing) resources before
other recognised gains	and losses	205,332		205,332	(230,121)
Other recognised gains	and losses	478		478	549
Gains/(losses)/gains on investments			(305,469)	(305,469)	585,677
Net movements in funds		205,811	(305,469)	(99,659)	356,105
Fund balance brought forward at 6 April 2022			8,633,736	8,633,736	8,277,631
Fund balance carried forward at 5April 2023		205,811	8,328,267	8,534,078	8,633,736

						Total	Total
					Note	this year	last year
						2023	2022
Fixed assets
Investment at market value						8,097,952	8,528,421
Current assets
Debtors						53,896	54,747
Cash at Handelsbanken			Wealth 8 Asset Mgt			378,536	46,678
Cash at Handelsbanken			Wealth 8 Asset Mgt (USD account)			8,852	9,469
						441,285	110,894
Creditors: amounts		falling		due within one year	6	~5,160	~(5,580
Net current	assets					436,125	105,314
Total assets	less current			liabilities		8,534,078	8,633,736
Creditors: amounts		falling		due after one year
Net assets						8,534,078	8,633,736
Funds
Expendable	endowment		fund			8,328,267	8,633,736
Unrestricted	income	fund				205,811
						8,534,078	8,633,736

	2023	2022
Net income for the year	205,332	(230,121 )
Adjustments for Interest and dividends Decrease/(Increase) in debtors (Decrease)/Increase in creditors	(217,675) 851 (420)	(228,459) 4,406 (85,000)
Cash flows from operating activities	(11,912)	{539,174)
Cash flows from investing activities Interest and dividends Proceeds from sale of investments Purchase of investments	218,154 125,000	229,008 6,877,138 (6,662,138)
Net cash used by investing activities	343,154	444,008
Change in cash and cash equivalents Cash and cash equivalents brought forward Cash and cash equivalents carried forward	331,242 56,147 387,389	{95,166) 151,313 56, 147

						2023	2022
						F
1	Investment income
	COIF Chanties	Investment		Fds Income	Ur.its		44,003
	COIF Charities	Global Eouity income Fund Income					15,150
	COIF Charities Global Equity	Income Fund		Income Units		54,747	15,061
	COIF Charities Global Equity	Income Fund		Income Units		54,427	45,071
	COIF Charities Global Equity COIF Charities Global Equity	Income Fund Income Fund		Income Units Income Units		54,427 53,896 *	54,427 54,747
	Porffolio deposit (GBP)					149
	Portfolio deposit (USD)					28
	(Investment income is all unrestricted	funds	income)			217,675	228,459
2	Grants made
	St Endellion Trust					2,000
	Hampshire Stadium					1,000
	Clean Air Green Environment					3,000
	Friends ofAmity					1,123
	Optimus Foundation						300,000
	Outdoor Adventures		for Girls				500
	Gan;e 8 Wildlife Conservation Trust						7,500
	Whizz-Kidz						100,000
	Tushinde Children's		Trust				40,000
	Port Issac Harbour		Repairs				5,000
	(Grant expenditure is all unrestricted	Fund	expenditure)			7,123	453,000
	Grants commitments
3	Governance cost
	Independent Audit fees-					60	1,500
	Accountancy fees-					4,080	4,080
	Independent Examiners fee-					1,080
	(Governance expenditure is all unrestricted		fund expenditure)			5,220	5,580

							2023	2022
							F
4	Ilarket value
	Carry (market)	value at beginning		ofyear			8,528,421	8,157,744
	Add Additions	at cost						6,662,138
	Less disposals	at carry value					(125,000)	{6,877.,138)
	Add/(deduct) net gain/(loss) Add/(deduct) net gain/(loss)		on disposals on revaluation				(7,622) (297,847	896,693 ~('11,016
	Carry (market)	value at end ofyear					8,097,952	8,528,421
	Bank Charges	&Exchange	rate	adjustments
	Exchange rate	variances on	Dollar	account			478
							478
	Analysis of Investment
							*Mkt Value	*Mkt Value
							at year end	at year end
	Fixed Assets
	3,151,812.72	COIF Charities Global			Equity Income Fund		8,097,952	8,548,421
						Income Units
	Total						8,097,952	8,548,421
	(*Based on the	mid market valuations			provided	by CCLA)
5	Debtors
	Dividends due	but not paid at 5 April 2023*					53,896	54,747
							53,896	54,747
6	Creditors: amount falling due within one year
	Accountancy fees-						4,080	4,080
	Independent Audit fees-							1,500
	Independent Examiners fee-						1,080
							5,160	5,580
7	Creditors: amount falling due after				one year
	Grants commitments

8	Analysis of	Funds
				At	Income	Expenditure	Gains/losses	At
				06-Apr-22			8 transfers	05-Apr-23
								E
	Expendable	endowment	funds	8,633,736			(305,469)	8,328,267
	Unrestricted	funds			217,675	(12,343)	478	205,811
				8,633,736	217,675	12,343)	304,991	8,534,078
				At	Income	Expenditure	Gains/losses	At
				06-Apr-21			8 transfers	05-Apr-22
							E
	Expendable	endowment	funds	8,277,631			356,105	8,633,736
	Unrestricted	funds			228,459	(458,580)	230,121
				8,277,631	228,459	458,581)	586,226	8,633,736