2023-03-31-accounts

			Page
Trustees' report			t -3
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Statement ofcash flows
Notes to the financial	statements		9-19

			Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
			funds	funds		funds	funds
			2023	2023	2023	2022	2022	2022
		Notes			6		6	6
Logjam
Donations and
legacies		3					5,047,959	5,047,959
Investments		4	248,404		248,404	55,066		55,066
Total income and
endowments			248,404		248,404	55,066	5,047,959	5,103,025
Raising funds				29,567	29,567		14,769	14,769
Charitable activities		6	135,973		135,973	53,186		53,186
Total expenditure			135,973	29,567	165,540	53,186	14,769	67,955
Net gains/(losses)		on
investments		10		(469,992)	(469,992)		222,680	222,680
Net movement	in	funds	112,431	(499,559)	(387,128)	1,880	5,255,870	5,257,750
Fund balances	at 1 April
2022			15,202	6,913,386	6,928,588	13,322	1,657,516	1,670,838
Fund balances	at	31
INarch 2023			127,633	6,413,827	6,541,460	15,202	6,913,386	6,928,588

					2023		2022
				Notes	8		6
Fixed assets
Tangible assets				12		912		1,240
Investments				13		6,274,657		6,751,380
						6,275,569		6,752,620
Current assets
Debtors				14	204,085		194,135
Cash at bank and in			hand		86,557
					290,642		194,135
Creditors:	amounts		falling due within
one year				16	(24,751)		(18,167)
Net current	assets					265,891		175,968
Total assets less current liabilities						6,541,460		6,928,588
Capital funds
En wmn	fnd	-	ener
General endowment			funds		6,413,827		6,913,386
					6,413,827		6,913,386
Permanent	endowment
Expendable	endowment				6,413,827		6,913,386
				17		6,413,827		6,913,386
Income funds
Unrestricted	funds					127,633		15,202
						6,541,460		6,928,588

					2023		2022
				Notes	6		6
Cash flows from operating		activities
Cash (absorbed by)/generated from				20
operations						(143,817)		167,645
Investing	activities
Purchase	oftangible fixed assets						(1,312)
Purchase	of investments				(380,344)		(1,108,715)
Proceeds	on disposal of investments				351,627		927,192
Investment	income received				224,272		45,372
Net cash	generated from/(used		in)
investing	activities					195,555		(137,463)
Net cash	used in financing	activities
Net increase in cash and cash			equivalents			51,738		30,182
Cash and	cash equivalents	at beginning		ofyear		50,588		20,406
Cash and	cash equivalents	at end of		year		102,326		50,588
Relating to:
Cash at bank and in hand						86,557
Cash held	for future investment					15,769		51,217
Bank overdraRs included in		creditors payable
within one year								(629)

4	Investments
							Unrestricted	Unrestricted
							funds	funds
							2023	2022
							5	f
	income from listed investments				-dividends	received	248,404	55,066
5	Raising funds
							Endowment	Endowment
							funds	funds
							general	general
							2023f	2022
	Investment	management					29,567	14,769
							29,567	14,769
6	Charitable	activities
							Grant	Grant
							making	making
							2023	2022
							8	8
	Grant funding		of activities (see		note 7)		118,000	31,500
	Share of support costs (see note 8)						4,100	2,871
	Share ofgovernance			costs (see note 8)			13,873	18,815
							135,973	53,186

				Grant making	Grant making
				2023	2022
				8	8
Grants to institutions:
Animal care				2,000
Care ofyoung people				21,000	3,000
Medical research,	medicine		and other care	25,000	5,500
Mental health well	being, care and support			8,000	3,000
Music and the arts				11,000	1,000
Refugee support				8,000	11,000
Relief offinancial	hardship			2,000	3,000
Religion and care	of	places	ofworship	20,000	2,000
Rescue and support		organisations		19,000	3,000
Environment and	regeneration			1,000
Volunteering				1,000
				118,000	31,500

Support cos	ts
		Support	Governance	2023Support	costs	Governance	2022
		costs	costs			costs
		f	E	E	f	E
Depreciation		328		328	72		72
Solicitors' fees - Grant
making costs		3,688		3,688	2,756		2,756
Bank charges		84		84	43		43
Independent	examiner's
remuneration			6,420	8,420		13,224	13,224
Solicitors' fees-
Administration	costs		7,376	7,376		5,511	5,511
Trustees' expenses			77	77		80	80
		4,100	13,873	17,973	2,871	18,815	21,686
Analysed between
Charitable activities		4,100	13,873	17,973	2,871	18,815	21,686

			Endowment	Endowment
			funds	funds
			general	general
			2023	2022
			E	E
Revaluation	of	investments	(502,681)	174,656
Gain/(loss)	on	sale ofinvestments	32,689	48,024
			(469,992)	222,680

Tangible fix	ed asset	s
			computem
			8
Cost
At 1 April 2022			1,312
At 31 March	2023		1,312
Depreciation	and impairment
At 1 April 2022			72
Depreciation	charged	in the year	328
At 31 March	2023		400
Carrying amount
At 31 March	2023		912
At 31 March	2022		1,240

Fixed as	set investments
		Listed	Cash in	Total
		investments	portfolio
		8
Cost or valuation
At 1 April	2022	6,700,163	51,217	6,751,380
Additions		380,344		380,344
Valuation	changes	(502,681)		(502,681)
Disposals		(318,938)	(35,448)	(354,386)
At 31 March 2023		6,258,888	15,769	6,274,657
Canying	amount
At 31 March 2023		6,258,888	15,769	6,274,657
At 31 March 2022		6,700,163	51,217	6,751,380

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18	Analysis ofnet assets between funds	Analysis ofnet assets between funds
	Unrestricted Endowment funds funds				Total	Unrestricted Endowment funds funds					Total
	Fund balances at 31	2023 f	2023 8		2023 8		2022 8		2022 8		2022 8
	March 2023are
	represented by:
	Tangible assets Investments Current assets/(liabilities)	912 126,721	6,274,657 139,170		912 6,274,657 265,891		1,240 13,962		6,751,380 162,006		1,240 6,751,380 175,968
		127,633	6,413,827		6,541,460		15,202		6,913,386		6,928,588
19	Related party transactions
	During the period, the following	transactions	with trustees		and related	parties occurred.
	Investment management fees off29,567 (2022:814,769), induding fees (2022:f4,693),were payable to Charles Stanley &Co Limited, a company						accrued at the period which employs Mr C			end of57,485 Marment.
20	Cash generated from operations								2023		2022
									8		8
	(Deficit)/surpus forthe year							(387,128)			5,257,750
	Adjustments for:
	Investment income recognised in statement offinancial investments transferred as part oflegacy received Gain on disposal ofinvestments Fair value gains and losses on investments Depreciation and impairment oftangible fixed assets			activities				(248,404) (32,689) 502,681 328		(55,066) (4,633,655) (48,024) (174,656) 72
	Investment income - non-cash	dividend							20,043		1,197
	Movements in working capital:
	(Increase) in debtors Increase in creditors								(5,861) 7,213		(181,965) 1,992
	Cash (absorbed by)/generated	from operations						(143,817)			167,645
21	Analysis ofchanges in net funds