## ## ## |||||Page| |---|---|---|---|---| |Annual
Report ofthe Trustees||||1-5| |Independent
Examiner's|Report|||| |Statement
of Financial|Activities (including|Income and Expenditure|Account)|| |Balance Sheet||||| |Notes to the Financial Statements||||9-14| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Unrestricted| |---|---|---|---|---| ||||Funds|Funds| |||Page|2023|2022| |Income from:|||E|F| |Investments
(note 2)|||185,154|175,565| |Total Income|||185,154|175,565| |Expenditure
on:||||| |Charitable
activities (note 3)||12|188,948|177,479| |Raising funds (note 4)||12|38,540|45,782| |Total Expenditure|||227,488|223,261| |Net gain/(loss)
on investment|assets (note 5)|13|412,872|(788,766)| |Net income|||370,538|(836,462)| |Other recognised
gains||||| |(Loss)/gain
on foreign currency
movement|||(3,592)|3,792| |Net movement
in funds|||366,946|(832,670)| |Reconciliation
offunds||||| |Total Funds Brought Forward|at 1 January 2023||6,286,667|7,119,337| |Total Funds Carried Forward|at 31 December 2023|8|E 6,653,613|E 6,286,667| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Page||||2023
f|||2022
E| |---|---|---|---|---|---|---|---|---|---|---|---| ||EXPENDITURE ON CHARITABLE ACTIVITIES||||||||||| ||UK Grants Awarded:||||||||||| ||Whitley
Fund
National
Theatre
Into University
National
Gallery||Reg. Charity
Reg. Charity
Reg. Charity|no.
No.
No.|1081455
224223
1118525|||63,188
36,943
30,500
9,100|||60,000
25,500
9,100| ||L'Arcobaleno
di
Maddi||(Maddi's|||||8,687|||| ||Rainbow)
Great Ormond
Street Hospital
Care international
- Ukraine
Family Action
Cancer Research
National
Portrait Gallery||Reg. Charity
Reg. Charity
Reg. Charity
Reg. Charity|No.
No.
No.
No.|1160024
292506
264713
1089464|||8,000
5,000
5,000
2,500
2,500|||50,000
5,000| ||British Library|||||||1,000|||| ||Clement James Centre
K C Foundation
Make the Leap
Place2Be
Tusk Trust Limited||Reg. Charity
Reg. Charity
Reg. Charity
Reg. Charity
Reg. Charity|No
No
No
No
No|1009253
1165579
1058648
1040756
1186533|||1,000
1,000
1,000
1,000
1,000|||2,000
1,000
1,000| ||Bookmark Reading - Ukraine
Rugby Portobello
The Country Trust||Reg. Charity
Reg. Charity
Reg. Charity|No
No
No|1177681
703163
1122103||||||10,000
2,000
1,000| ||Laglio-
Flood Emergency|Appeal|||||||||240| ||Total Grants Awarded|||||F||177,418|F||166,840| ||Support Costs||||||||||| ||Accountancy
fees|||||||8,742|||7,182| ||Legal fees|||||||1,320|||1,993| ||Independent
examination|fees||||||1,200|||1,200| ||Bank charges|||||||268|||264| |||||||||11,530||6|10,639| ||Total Charitable
Activities|||||||188,948|E||177,479| |4.|EXPENDITURE ON RAISING||FUNDS||||||||| ||Investment
management|fees||||||38,540|||45,704| ||LE I fee||||||||||78| ||||||||f|38,540||6|45,782| ## ## ||FOR THE|YEAR ENDED 31 DECEMBER 2023|YEAR ENDED 31 DECEMBER 2023|||||| |---|---|---|---|---|---|---|---|---| ||||Page||2023
8|||2022
E| |5.|FIXEDASSETS|||||||| ||Investments
and Cash under management|||||||| ||Investments
at market value at 1 January 2023
Additions
at cost||||5,813,246
552,816||6,601,607
232,204|| ||Disposals at carrying
value||||(549,387)|||(231,799)| ||||||5,816,675||6,602,012|| ||Realised gain/(loss)
on disposals||||1,825|||(57,376)| ||Unrealised
gain/(loss)
on revaluation||||411,047|||(731,390)| ||Net Gain/(Loss)
on investment|Assets|||412,872|||(788,766)| ||Market value at 31 December 2023||||6,229,547||5,813,246|| ||Cash held for investment||||360,115|||490,614| ||Total Value at 31 December 2023||8|E|6,589,662|L|6,303,860|| ||Historic Cost at 31 December 2023|||f|5,713,165|8||5,699,085| |6.|DEBTOR|||||||| ||Prepayments||8|E|660|||| |7.|CASH AT BANK|||||||| ||Coutts business
current account||8|E|92,970|8||2,787| |8.|CREDITORS - amounts
falling|due within one year||||||| ||Investment
management
fees||||9,472|||12,702| ||Accountancy
fees
Donation
Commitments||||9,120
8,687|||6,000| ||Independent
examination
fees||||2,400|||1,200| ||LEI fees|||||||78| ||||8|E|29,679|8||19,980| ## ## ## ##