2023-12-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to 3
Statement ofTrustees'	Responsibilities
Independent Examiner's	Report	5to6
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial	Statements	9to 15

					Unrestricted	Total	Total
					funds	2023	2022
				Note
Income from:
Investment income					87,138	87,138	138,535
Other income					1,276	1,276
Total income					88,414	88,414	138,535
Expenditure on:
Charitable activities					(50,312)	(50,312)	(55,356)
Administration costs					(3,650)	(3,650)	(5,477)
Legal and professional		fees			(27,845)	(27,845)	(23,384)
Total expenditure					(81,807)	(81,807)	(84,217)
Gains/losses on investment			assets		56,414	56,414	(242,315)
Net income/(expenditure)					63,021	63,021	(187,997)
Net movement in funds					63,021	63,021	(187,997)
Reconciliation offunds
Total funds brought	forward				2,574,959	2,574,959	2,762,956
Total funds carried forward				12	2,637,980	2,637,980	2,574,959

		Balance Sheet as at 31	December 202	3
				2023	2022
			Note
Current assets
Investments				2,533,006	2,475,847
Cash at bank	and in hand			109,303	105,593
				2,642,309	2,581,440
Creditors: Amounts		falling due within one year	10	(4,329)	(6,481)
Net assets				2,637,980	2,574,959
Funds ofthe	charity:
Unrestricted	income	funds
General funds				2,637,980	2,574,959
Total funds			12	2,637,980	2,574,959

							Unrestricted
							funds	Total	Total
							General	2023	2022
Other income		from fixed asset investments					77,115	77,115	66,288
Other investment			income				10,023	10,023	72,247
							87,138	87,138	138,535
3	Expenditure		on charitable		activities
							Unrestricted
							funds	Total	Total
							General	2023	2022
						Note
Sponsorship,		support		and awards			50,312	50,312	55,356
Legal and professional				fees			27,845	27,845	23,384
							78,157	78,157	78,740
4	Other expenditure
							Unrestricted
							funds	Total	Total
							General	2023	2022
Administrative			expenses				3,650	3,650	5,477
							3,650	3,650	5,477

Governance		costs
					Unrestricted
					funds	Total	Total
					General	2023	2022
Independent	examiner		fees
Examination		ofthe	financial	statements	900	900	900
Other fees	paid to examiners				8,400	8,400	8,400
Management		fees			18,545	18,545	14,084
					27,845	27,845	23,384

				2023	2022
Examination	ofthe financial	statements		900	900
Other fees paid to examiners				8,400	8,400
				9,300	9,300
8 Current	asset investments
				2023	2022
Investment at valuation				2,504,155	2,299,262
Cazenove Capital Management			- Cash balances	28,851	176,585
				2,533,006	2,475,847
9 Cash and	cash equivalents
				2023	2022
Cash at bank				109,303	105,593

10 Creditors: amounts falling due within one	year
	2023	2022
Other creditors	(2)	(2)
Accruals	4,331	6,483
	4,329	6,481

11 Analysis ofnet assets between funds
	Total funds
	2023
Current assets	2,642,309
Current liabilities	(4,329)
Total net assets	2,637,980
	Total funds
	2022
Current assets	2,581,440
Current liabilities	(6,481)
Total net assets	2,574,959

12 Funds
		Balance at 1			Other	Balance at
		January	Incoming	Resources	recognised	31December
		2023	resources	expended	gains/(losses)	2023
Unrestricted	funds
General
General Fund		2,574,959	88,414	(81,807)	56,414	2,637,980
		Balance at 1			Other	Balance at
		January	Incoming	Resources	recognised	31December
		2022	resources	expended	gains/(losses)	2022
Unrestricted	funds
General
General Fund		2,762,956	138,535	(84,217)	(242,315)	2,574,959

Detailed Stat	e	m	ent ofFinancial Activities	for the Year Ended 31Decemb	er 2023
				Total	Total
				2023	2022
Investment income
Interest 4 dividends	received			77,115	66,288
Profit on sale ofinvestments				10,023	72,247
				87,138	138,535
Other income
Royalties Received				1,276
				1,276
Churituble uctivities
Sponsorship -Publication			OCS		(5,000)
Curator support - British			Museum	(25,000)	(44,300)
SOAS - Sponsorship					(5,950)
Sponsorship -External				(25,227)
Bank charges				(85)	(106)
Accountancy fees				(8,400)	(8,400)
Independent examiner's		fee		(900)	(900)
Management fees				(13,785)	(14,084)
Legal and professional		fees		(4,760)
				(78,157)	(78,740)
Administrution costs
Insurance				(2,635)
Travel and subsistence				(1,015)	(5,477)
				(3,650)	(5,477)