|||Page|| |---|---|---|---| |Referenceand Administrative Details|||| |ReportoftheTrustees|2|to|3| |IndependentExaminer'sReport||4|| |StatementofFinancial Activities||5|| |BalanceSheet||6|| |NotestotheFinancial Statements|7|to|13| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||**5.4.23**|5.4.22| |---|---|---|---|---|---| |||Unrestricted|Endowment|**Total**|Total| |||fund|fund|**funds**|funds| |**INCOME AND ENDOWMENTS FROM**|Notes|£|£|£|£| |Investment income|2|**59,622**||**59,622**|17,873| |**EXPENDITURE ON**|||||| |Raising funds|3||||(2,959)| |**Charitable activities**|||||| |Charitable activities||**110,000**||**110,000**|110,000| |Other|5|**4,380**||**4,380**|4,270| |**Total**||**114,380**||**ll4,380**|111,311| |Netgains/(losses) on investments|||**(324,156)**|**(324,156)**|7,237| |**NET INCOME/(EXPENmTURE)**
**Transfers between funds**|10|**(54,758)**
**54,758**|**(324,156)**
**(54,758)**|**(378,914)**|(86,201)| |**Net movement in funds**|||**(378,914)**|**(378,914)**|(86,201)| |**RECONCILIATION OF FUNDS**|||||| |Total funds brought forward|||**3,685,315**|**3,685,315**|3,771,516| |**TOTAL FUNDS CARRIED FORWARD**|||**3,306,401**|**3,306,401**|3,685,315| |||||**5.4.23**|5.4.22| |---|---|---|---|---|---| |||Unrestricted|Endowment|**Total**|Total| |||fund|fund|**funds**|funds| ||Notes|£|£|£|£| |**FIXED ASSETS**|||||| |Investments|8||**3,287,901**|**3,287,901**|3,638,182| |**CURRENT ASSETS**|||||| |Cash at bank||**2,820**|**18,500**|**21,320**|49,893| |**CREDITORS**|||||| |Amounts falling due within one year|9|**(2,820)**||**(2,820)**|(2,760)| |**NET CURRENT ASSETS**|||**18,500**|**18,500**|47,133| |**TOTAL ASSETS LESS CURRENT**|||||| |**LIABILITIES**|||**3,306,401**|**3,306,401**|3,685,315| |**NET ASSETS**|||**3,306,401**|**3,306,401**|3,685,315| |**FUNDS**|10||||| |Endowment funds||||**3,306,401**|3,685,315| |**TOTAL FUNDS**||||**3,306,401**|3,685,315| ## ## ## ## ## ## ## ## ## ## ||||**5.4.23**|5.4.22| |---|---|---|---|---| ||UK Income
Overseas Income|Interest
UnitTrustDividends
Dividends|£
IO
**59,612**|£
17,674| |||||199| ||||**59,622**|17,873| |**3.**|**RAISING FUNDS**|||| ||**INVESTMENT MANAGEMENT COSTS**|||| ||||**5.4.23**|5.4.22| ||Portfolio management||£|£| |||||(2,959)| |**4.**|**GRANTS PAYABLE**|||| ||||**5.4.23**|5.4.22| ||Charitable activities||£|£| ||||**110,000**|110,000| ||The total grants paid to|institutions during the yearwas as follows:||| ||||**5.4.23**|5.4.22| ||Malaria Consortium||£|£| ||Schistosomiasis Control||**40,000**|50,000| ||Sightsavers
Plan International UK||**25,000**
**25,000**|30,000
30,000| ||||**20,000**|| ||||**110,000**|I 10,000| |**5.**|**OTHER**|||| ||||**5.4.23**|5.4.22| ||Support costs||£
**4,380**|£
4,270| ||Support costs includethe|independentexaminers fee of£1,380.(2022: £1,270).||| ## ## ## ## ## ||Unrestricted|Endowment|Total| |---|---|---|---| ||fund|fund|funds| ||£|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Investment income|17,873||17,873| |**EXPENDITURE ON**|||| |Raising funds||(2,959)|(2,959)| |**Charitable activities**|||| |Charitable activities|110,000||110,000| |Other|4,270||4,270| |**Total**|114,270|(2,959)|111,311| |Netgains on investments||7,237|7,237| |**NET INCOME/(EXPENDITURE)**|(96,397)|10,196|(86,201)| |**Transfers between funds**|96,397|(96,397)|| |**Net movement in funds**||(86,201)|(86,201)| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||3,771,516|3,771,516| |**TOTAL FUNDS CARRIED FORWARD**||3,685,315|3,685,315| ## |**FIXED ASSET INVESTMENTS**||| |---|---|---| ||**5.4.23**|5.4.22| ||£|£| |Shares|**3,279,221**|3,628,182| |Portfolio Cash|**8,680**|10,000| ||**3,287,901**|3,638,182| |Additional information as follows:||| |||Listed| |||investments| |||£| |**MARKET VALUE**||| |At 6 April 2022||**3,628,182**| |Additions||**59,613**| |Disposals||**(91,954)**| |Revaluations||**(316,620)**| |At 5 April 2023||**3,279,221**| |**NET BOOK VALUE**||| |At 5 April 2023||**3,279,221**| |At 5 April 2022||3,628,182| ||||**Listed**| |---|---|---|---| ||||**investments**| ||||£| |Valuation|in|2022|**(347,600)**| |Cost|||**3,626,821**| ||||**3,279,221**| |Investments (neither listed nor unlisted) were as follows:||| |---|---|---| ||**5.4.23**|5.4.22| ||£|£| |Portfolio Cash|**8,680**|10,000| ## |||||**5.4.23**|5.4.22| |---|---|---|---|---|---| |||||£|£| ||Accrued expenses|||**2,820**|2,760| |**10.**|**MOVEMENT IN FUNDS**||||| ||||Net|Transfers|| ||||movement|between|At| |||At6.4.22|in funds|funds|5.4.23| |||£|£|£|£| ||**Unrestricted funds**||||| ||General fund||**(54,758)**|**54,758**|| ||**Endowment funds**||||| ||Expendable Endowment|**3,685,315**|**(324,156)**|**(54,758)**|**3,306,401**| ||**TOTAL FUNDS**|**3,685,315**|**(378,914)**||**3,306,401**| ||Net movement in funds, included in the above are as follows:||||| |||Incoming|Resources|Gains and|Movement| |||resources|expended|losses|in funds| |||£|£|£|£| ||**Unrestricted funds**||||| ||General fund|**59,622**|**(114,380)**||**(54,758)**| ||**Endowment funds**||||| ||Expendable Endowment|||**(324,156)**|**(324,156)**| ||**TOTAL FUNDS**|**59,622**|**(114,380)**|**(324,156)**|**(378,914)**| ||**Comparatives for movement in funds**||||| ||||Net|Transfers|| ||||movement|between|At| |||At 6.4.21|in funds|funds|5.4.22| |||£|£|£|£| ||**Unrestricted funds**||||| ||General fund||(96,397)|96,397|| ||**Endowment funds**||||| ||Expendable Endowment|3,771,516|10,196|(96,397)|3,685,315| ||**TOTAL FUNDS**|3,771,516|(86,201)||3,685,315| ## ## ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|17,873|(114,270)||(96,397)| |**Endowment funds**||||| |Expendable Endowment||2,959|7,237|10,196| |**TOTAL FUNDS**|17,873|(111,311 )|7,237|(86,201)| |||Net|Transfers|| |---|---|---|---|---| |||movement|between|At| ||At 6.4.21|in funds|funds|5.4.23| ||£|£|£|£| |**Unrestricted funds**||||| |General fund||(151,155)|151,155|| |**Endowment funds**||||| |Expendable Endowment|3,771,516|(313,960)|(151,155)|3,306,401| |**TOTAL FUNDS**|3,771,516|(465,115)||3,306,401| ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|77,495|(228,650)||(151,155)| |**Endowment funds**||||| |Expendable Endowment||2,959|(316,919)|(313,960)| |**TOTAL FUNDS**|77,495|(225,691)|(316,919)|(465,115)| ##