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2023-03-31-accounts

Trustees:	Andrew Wauchope		Chairman	Chairman
	Edward Buxton
	Kevin Gilbert
	Nick Moss
	Alastair Land
	Alexander Trotter
Honorary Secretary:	Andrew J FStebbings		(retired 3November 2022)
	Rosalind Oxley (appointed			3 November 2022)
ADMINISTRATIVE OFFICE:
	Old Station House
	Station Approach
	Newport Street
	Swindon, Wilts
	SN13DU
BANKERS:	CAF Bank Limited
	25 Kings Hill
	West Mailing
	Kent
	ME194JQ
INVESTMENT MANAGERS:	COLA Investment	Management Limited
	Senator House
	85 Queen Victoria	Street
	London
	EC4V4ET
AUDITORS:	Haines Watts
	Old Station House
	Station Approach
	Newport Street
	Swindon, Wilts
	SN1 3DU
CHARITY REGISTRATION
NUMBER:	1159795

		Note	Capital	Designated	Income	Total	Total
			Fund 6	Fund f	Fund f	2022-23 K	2021-22 f
Incoming Resources
Net investment income					156,736	156,736	152,145
Property Investments					138,989	138,989	125,621
Other Income					334	334
Total					296,059	296,059	277,773
Resources Expended
Raising funds		3	3,120		19,047	22,167	22,789
Charitable activities		4			172,570	172,570	250,168
Total expenditure			3,120		191,617	194,737	272,957
Net Income/(Expenditure)			(3,120)		104,442	101,322	4,816
Net gain I (loss)	ont		(208,457)			(208,457)	431,998
investments
Property valuation Loss			(130,000)			(130,000)
Transfer between funds
Net movements in funds			(341,577)		104,442	(237,135)	436,814
Balance brought forward			7,156,138	50,000	292,688	7,498,826	7.062.012
Balance at 31 March 2023			6,814,561	50,000	397,130	7,261,691	7,498,826

		Note		2023		2022
				E		E
Fixed assets
Tangible Fixed Assets				1,687,814		1,817,814
Investments				5,483,710		5,635,377
				7,171,524		7,453,191
Current assets
Cash at bank			65,285		64,912
Debtors		8	71,712		38,300
			136,997		103,212
Current Liabilities
Creditors falling	due within	9	(39,077)		(48,963)
one year
Net Current Assets				97,920		54,249
				7,269,444		7,507,440
Creditors
Amounts falling	due after one	10		7,753		8,614
year
Total Net Assets				7,261,691		7,498,826
Capital Fund				6,814,561		7,156,138
Designated Fund				50,000		50,000
Income Fund				397,130		292,688
Total Funds				7,261,691		7,498,826

		Note	Capital	Designated	Income	Total
			Fund f	Fund f	Fund f	2021-22 f
Incoming Resources
Net investment income					152,145	152,145
Property Investments					125,621	125.621
Other Income
Total					277,773	277,773
Resources Expended
Raising funds			6,600		16,189	22,789
Charitable activities				50,000	200,168	250,168
Total expenditure			6,600	50,000	216,357	272,957
Net Income/(Expenditure)			(6,600)	(50,000)	61,416	4,816
Net gain / (loss)	em		431,998			431,998
investments
Property valuation Gains
Transfer between funds				50,000	(50,000)
Net movements in funds			425,398		11,416	436,814
Balance brought forward			6,730,740	50,000	281,272	7,062,012
Balance at5April 2022			7,156,138	50,000	292,688	7,498,826

3.	COST OF GENERATING	COST OF GENERATING	COST OF GENERATING	FUNDS
					Capital	Income	2022/23	2021/2022
					Fund 8	Fund f	Total 8	Total 6
	Property	Maintenance	and	repair	3,120		3,120	6,600
	Buildings	insurance				19,047	19,D47	16,189
					3,120	19,047	22,167	22,789
4.	ANALYSIS OF CHARITABLE ACTIVITIES				8 SUPPORT	COSTS
							2022/23	2021/22
							Total	Total
								8
	Grants payable
							165,000	245,000
	Support	Costs (note 5)					7,570	5,168
	Total						172,570	250,168

breakdown	ofsupport costs	is shown in the table belo	w. The allocation to	Charitable Activities is	shown in note 4
		Capital	Income	2022/23	2021/22
		Fund	Fund	Total	Total
		8	8	8	8
Audit Fees			2,000	2,00D	2,000
Professional	Fees		4,788	4,788	3,000
Other expenses			782	762	168
			7,570	7,570	5,168

Freehold Land	8 Buildings
		2022/23 f	2021/22 f
Brought forward	1 April 2022	1,817,814	1,817,814
Additions
Disposal at valuation
Unrealised loss	on revaluation	(130,000)
Carried forward	31 March 2023	1,687,814	1,817,814
Historical book	cost
At 31 March 2022		345,686	345,686

Quoted Investments (all	Quoted Investments (all	held in	UK)
						2022/23 f	2021/22 f
Brought forward	1 April 2022					5,508,739	4,926,741
Additions at cost							150,000
Disposal proceeds
Realised gain/ (loss) on disposals
Unrealised (loss)/ gain on		revaluation				(208,457)	431,998
Carded forward	31 March	2023
						5,300,282	5,508,739
					31 March 2023		31 March 2022
				Historic	Market	Historic	Market
				Costf	Valuef	Costf	Valuef
COIF Charities	investment	Fund	(96.65%)	4,234,437	5,300,282	4,234,437	5,508,739
COIF Charities	Deposit Fund		( 3.35%).	183,428	183,428	126,638	126,638
				4,417,865	5,483,710	4,361,075	5,635,377

DEBTO	RS	2022/23f	2021/22f
Rent		33,466
Dividend	receivable	38,246	38,246
Accrued	interest		54
		71,712	38,300

8.	CREDITORS
	Amounts falling due within one year
				2022/23f	2021/22f
	Professional fee creditors 8	accruals		4,750	3,600
	Premium on 189Freston Road			861	861
	Grants				17,000
	Rent (deferred income)			33,466	27,500
				39,077	48,961
	The deferred income above will all be released		m 23/24.
10.	CREDITORS
	Amounts falling due after	one year
				2022-23	2021/22
	Deferred income —Premium	on 189Freston Road		7,753	8,614