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|Trustees'
Annual
Report||1-5|
|Independent
Examiner's|Report||
|Statement
of Financial Activities|||
|Balance Sheet|||
|Notes to the Accounts||9-16|
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|||||~Uggffig)gkfuruh|~Uggffig)gkfuruh|
|---|---|---|---|---|---|
||||~Not|f|2QZZ
f|
|Income||||||
|Investments||||74,016|60,026|
|Total||||74,016|60,026|
|Expenditure||||||
|Raising funds||||20,208|21,844|
|Charitable
activities||||67,730|74,391|
|Total||||87,938|96,235|
|Net (expenditure)|before investment|gains/(losses)||(13,922)|(36,209)|
|Net gains/(losses)|on investments||6|(262,032)|90,690|
|Net income/(expenditure)||||(275,954)|54,481|
|Net movement
in|funds|||(275,954)|54,481|
|Reconciliation
of|funds:|||||
|Total funds brought|forward|||3,002,957|2,948,476|
|Total funds carried forward||||2,727,003|3,002,957|
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|||||IJZKeestr'|.~ug|
|---|---|---|---|---|---|
||||~N|8|2QZZ
f|
|Fixed assets||||||
|Investments|||7|2,732,601|3,012,647|
|Total fixed assets||||2,732,601|3,012,647|
|Current assets||||||
|Cash at bank and|in hand|||5,083|820|
|Total current assets||||5,083|820|
|Creditors:
amounts||falling due within one year|9|10,681|10,510|
|Net current liabilities||||(5,598)|(9,690)|
|Total assets less|current liabilities|||2,727,003|3,002,957|
|Total net assets||||2,727,003|3,002,957|
|Funds ofthe charity||||||
|Unrestricted
funds|||10|2,727,003|3,002,957|
|Total funds||||2,727,003|3,002,957|
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|3.|Income|from|investments||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||||f|6|
||Income|from|stocks 8 shares|held|in the investment|portfolio|73,412|60,025|
||Interest|from|cash balances|held|by the investment|manager|604|1|
||||||||74,016|60,026|
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|4.|Expenditure||on raising|funds|funds||~20||
|---|---|---|---|---|---|---|---|---|
||||||||6||
||Investment|manager's
fees|||and charges||20,208|21,844|
||||||||20,208|21,844|
|5.|Expenditure||on charitable||activities||A/23||
||||||||6||
||Grants to institutions||||||50,573|60,163|
||Grantmaking
Governance||support costs
costs||||2,239
14,918|3,600
10,628|
||||||||67,730|74,391|
||Number
of grants||||||12|12|
|5.1|Classification||ofgrants||||||
||Grants to institutions||||||||
||Advancement||of education||||5,000||
||Advancement
Advancement||of health
8 saving of lives
ofcitizenship
and community|||development|17,250
5,OQO|10,000
5,250|
||Advancement
Advancement||ofthe arts,
ofamateur|culture,
hentage
sport||and science|10,000|5,000|
||Relief ofthose in need due to age, disability, etc.||||||13,323|39,913|
||||||||50,573|60,163|
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||||||||||||||||(Continuedl|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|5.2|Material grants to||institutions|||||||||||||
||Name of institution|||~Pf||||||||||||
||Huby Playing
Fields||Association|To build a new pavillion|||||||||||10,000|
||Home-Start
York|||To support||their Perinatal|||Infant|Mental||Health Project|||5,500|
||Open Country|||To produce||'Breakfree Packs' ofwalks and bike rides||||||||for|5,163|
|||||disabled|people
in York|||||||||||
||Richard Shephard|Music||Advancement|||of musical||education||for|young people||in|5,000|
||Foundation|||Yorkshire||||||||||||
||Musical Connections|||To deliver|musical
and|||intergenerational||||activities|to|lonely|5,000|
|||||people||||||||||||
||Cruse Bereavement||Support|To recruit|&||train new volunteers|||in|York and North||||4,160|
|||||Yorkshire||||||||||||
||The Island|||Contdibution|||to general|running||costs|||||4,000|
||York Hospital
Radio|||To develop||its website to|||make|it more||interactive|for|its|2,750|
|||||audience||||||||||||
||||||||||||||||41,573|
||Other unanalysed|grants to institutions|||||||||||||9,000|
||||||||||||||||50,573|
|5.3|Analysis ofgrantmaking
support costs|||||||||||||2023|2022|
|||||||||||||||8||
||Rollits' grantmaking||support fees|||||||||||2,239|3,600|
|||||||||||||||2,239|3,600|
||conditions
applicable
to|each grant and arranging
payment|
of successful applications.||
|---|---|---|---|---|
|5.4|Analysis ofgovernance|costs|||
||Independent
examiner's|fees|1,464|1,392|
||Rollits' accounting
fees||4,214|4,080|
||Rollits' administration
fees||9,240|5,156|
||||14,918|10,628|
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|||||||(Coniinued)|
|---|---|---|---|---|---|---|
|5.5|Fees for examination||ofthe accounts||2023|$022|
||||||6|6|
||Independent
examiner's||fees for reporting
on the accounts (gross)||1,464|1,392|
||||||1,464|1,392|
|6.|Net gains and lasses on|||investments|~3|~022|
||Gains and (losses)|realised||during the year|(115,538)|10,734|
||Gains and (losses)|on revaluation
at the year end|||(146,494)|79,956|
||Total net investment|gains||and (losses) per the SoFA|(262,032)|90,690|
|7.|Investments||||||
|7.1|Valuation
of investments|||at year end||~Fair v
I|
||||||2023|2022|
||||||E|f|
||Listed investments||||2,645,238|2,917,758|
||Cash or cash equivalents||||87,363|94,889|
||Total||||2,732,601|3,012,647|
|||||
|---|---|---|---|
|Historic cost ofinvestments|held at the year end|2023|2022|
|||6|6|
|Listed investments||2,584,835|2,723,836|
|Cash held for reinvestment||87,363|94,889|
|||2,672,198|2,818,725|
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|||||||||||(Continued)|
|---|---|---|---|---|---|---|---|---|---|---|
|7.3|Investment
movements
during the year||||||Cash &cash|Listed|Tota I|Total|
||||||||siiuivaients|investments|2023|2022|
||||||||||f|f|
||Market value at beginning
ofyear||||||94,889|2,917,758|3,012,647|2,959,211|
||Add
additions
to investments
during||the year|||||1,488,153|1,488,153|192,721|
||Less: disposals
at carrying|value during
the year||||||(1,614,179)|(1,614,179)|(81,339)|
||Add/(deduct):
movements
investments|due to changes||in listed|||15,029||15,029|(95,812)|
||Add/(deduct)
transfers
in/(out)
in the||year||||(22,555)||(22,555)|(42,090)|
||Add/(deduct).
net gain/(loss)|on revaluation||||||(146,494)|(146,494)|79,956|
||Market value at end ofyear||||||87,363|2,645,238|2,732,601|3,012,647|
|7.4|Material
holdings of investments||at 5April 2023||||||Market|Share of|
||||||||||valuef|total|
||Individual
holdm
s &5%of|total listed investments|||||||||
||iShares Global Government|Bond Ucits ETF|||||||287,809|10.88%|
||SPDR Bloomberg
Global Aggregate||Bond|Ucits|ETF||||246,103|9.30%|
||Pimco Global Investment
Grade Credit Hedged||||Fund||||177,918|6.73%|
||Columbia
Threadneedle
Global Corporate|||Bond|Fund||||157,127|5.94%|
||Eaton Vance Emerging
Markets Debt Opportunities|||||Fund|||136,182|5.15%|
||||||||||1,005,139|38.00%|
|8.|Cash at bank||||||||2023|2022|
||||||||||f.||
||Barclays current account||||||||5,083|820|
||||||||||5,083|820|
|9.|Creditors
and accruals||||||||||
||Amounts
fallin
due within|one
ear|||||||||
||Independent
examiner's
fee||||||||1,464|1,392|
||Rollits' fees||||||||4,226|3,804|
||Investment
manager's
fees||||||||4,991|5,314|
||||||||||10,681|10,510|
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|10.|Unrestricted|funds|funds|||||
|---|---|---|---|---|---|---|---|
||~Ot
~f|d||||||
||Grant commitment|||See explanation|below||10,000|
||||||||10,000|
||Free funds|||||2,727,003|2,992,957|
||Total unrestncted||funds|||2,727,003|3,002,957|
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|||||||||
|---|---|---|---|---|---|---|---|
|Continge|nt|liabilities||and contingent assets||~jjfggfe|of|
||||||fjgft3Ccial~effe||$|
||||||~20|~20|2|
|||||||E|5|
|ddgt|ttt|dttt||||||
|Grant commitment|||given subject to conditions|||10,000||
|||||||10,000||
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||||||||period end|Amount|rio|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022||
|||||||||6||
|Rollits|LLP|See|below|Rollits|services|15,693|4,226|12,836|3,804|
|||||||15,693|4,226|12,836|3,804|