| Reports | |
|---|---|
| Referenceandadministrativedetails | 1 |
| Trustees'report | 3 |
| Independentauditor'sreport | 16 |
| Accounts | |
| Statementoffinancialactivities | 20 |
| Balancesheet | 21 |
| Statementofcashflows | 22 |
| Principalaccountingpolicies | 23 |
| Notestotheaccounts | 29 |
| Trustees | FatherHubertBonnet-Eymard |
|---|---|
| AymericClementMarie-JosephBrochard | |
| FatherJohnHannan(resigned1February2024) | |
| FatherDesmondHanrahan | |
| ChristelSpay | |
| BishopAlanStephenWilliams | |
| EtienneRougier(resigned19July2023) | |
| ElodieBrian(appointed29September2023) | |
| PhilippeLespinard(appointed1December2023) | |
| Rector | FatherPascalBoidin |
| ParishOperationsManager | PhilippinedeBeauregard(resigned29September |
| andTrustSecretary | 2023) |
| Anne-LiseGaillacDieu(appointed29September | |
| 2023) | |
| Principaloffice | 5LeicesterPlace |
| LeicesterSquare | |
| London | |
| WC2H7BX | |
| Charityregistrationnumber | 1177995 |
| Auditor | BuzzacottLLP |
| 130WoodStreet | |
| London | |
| EC2V6DL | |
| PrincipalBankers | HSBCBankplc |
| 28BoroughHighStreet | |
| Southwark | |
| London | |
| SE11YB | |
| Solicitors | StoneKingLLP |
| 13QueenSquare | |
| Bath | |
| BA12HJ |
| Surveyors | BurnetWareandGravesLtd |
|---|---|
| 13HalfMoonLane | |
| London | |
| SE249JU |
| Trustee | Appointed/Resigned |
| FatherHubertBonnet-Eymard | |
| AymericClementMarie-JosephBrochard | |
| FatherJohnHannan | Resigned1February2024 |
| FatherDesmondHanrahan | |
| EtienneRougier | Resigned19July2023 |
| ChristelSpay | |
| BishopAlanStephenWilliams | |
| ElodieBrian | Appointed29September2023 |
| PhilppeLespinard | Appointed1December2023 |
| Unrestricted | Restricted | 2023 |
Unrestricted | Restricted | 2022 |
||
|---|---|---|---|---|---|---|---|
| funds | funds |
Total |
funds | funds |
Total |
||
| Notes | £ |
£ | £ |
£ | £ |
£ |
|
| Incomefrom: | |||||||
| Donationsandlegacies | 1 | 313,637 |
24,630 | 338,267 |
225,149 | 23,742 |
248,891 |
| Investmentsandinterest | |||||||
| receivable | 2 | 556,644 |
- | 556,644 | 539,606 | - |
539,606 |
| Charitableactivities | 3 | 101,190 |
3,055 | 104,245 | 100,174 | - |
100,174 |
| Totalincome | 971,471 | 27,685 |
999,156 | 864,929 | 23,742 |
888,671 |
|
| Expenditureon: | |||||||
| Raisingfunds | |||||||
| .Upkeepandmanagement | |||||||
| ofinvestmentproperties | 4 | 57,719 |
- | 57,719 | 28,844 | - |
28,844 |
| Charitableactivities | |||||||
| .Administeringtrustand | |||||||
| upkeepofparish | 5 | 702,979 |
16,015 | 718,994 |
604,534 | 15,998 |
620,532 |
| .Chaplaincy | 6 | 137,090 |
7,641 | 144,731 |
101,723 | 7,963 |
109,686 |
| .Grantsanddonations | 7 | 11,000 |
- | 11,000 | 11,000 | - |
11,000 |
| Totalexpenditure | 908,788 | 23,656 | 932,444 | 746,101 | 23,961 |
770,062 |
|
| Netincome/(expenditure) | |||||||
| beforeinvestmentlosses | 62,683 | 4,029 | 66,712 |
118,828 | (219) |
118,609 |
|
| Netlossesonrevaluation | |||||||
| oflistedinvestments | 14 | (7,019) |
(7,019) | (14,588) | - |
(14,588) | |
| Netmovementinfunds | 9 | 55,664 |
4,029 | 59,693 |
104,240 | (219) |
104,021 |
| Reconciliationoffunds: | |||||||
| Balancesbroughtforward | |||||||
| at1September2022 | 28,279,704 | 16,370 | 28,296,074 | 28,175,464 | 16,589 |
28,192,053 | |
| Balancescarriedforward | |||||||
| at31August2023 | 28,335,368 | 20,399 | 28,355,767 | 28,279,704 | 16,370 |
28,296,074 |
| 2023 | 2023 | 2022 | 2022 | ||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixedassets | |||||
| Heritageassets | 12 | 4,140,000 | 4,140,000 | ||
| Tangibleassets | 13 | 11,513,859 | 11,465,881 | ||
| Investments | 14 | 12,275,162 | 12,282,163 | ||
| 27,929,021 | 27,888,044 | ||||
| Currentassets | |||||
| Debtors | 15 | 115,294 | 148,891 | ||
| Cashatbankandinhand | 409,316 | 367,613 | |||
| Shorttermdeposits | 140,022 | 129,347 | |||
| 664,632 | 645,851 | ||||
| Liabilities | |||||
| Creditors:amountsfallingdue | |||||
| withinoneyear | 16 | (128,101) | (138,480) | ||
| Netcurrentassets | 536,531 | 507,371 | |||
| Creditors:amountsfallingdue | |||||
| aftermorethanoneyear | 17 | (109,785) | (99,341) | ||
| Totalnetassets | 28,355,767 | 28,296,074 | |||
| Thefundsofthecharity: | |||||
| Fundsandreserves | |||||
| Restrictedfunds | 18 | 20,399 | 16,370 | ||
| Unrestrictedfunds | |||||
| .Designatedfunds | 19 | 27,697,859 | 27,649,881 | ||
| .Generalfunds | 637,509 | 629,823 | |||
| 28,355,767 | 28,296,074 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| Cashflowsfromoperatingactivities: | ||||
| Netcashusedinoperatingactivities | A | (428,232) | (454,791) | |
| Cashflowsfrominvestingactivities: | ||||
| Investmentincomeandinterestreceived | 556,644 | 539,606 | ||
| Purchaseoftangiblefixedassets | (76,003) | (38,600) | ||
| Netinvestmentincashdeposits | (10,675) | (253,316) | ||
| Netcashprovidedbyinvestingactivities | 469,966 | 247,690 | ||
| Changeincashandcashequivalentsintheyear | 41,734 | (207,101) | ||
| Cashandcashequivalentsat1September2022 | B | 367,613 | 366,751 | |
| Changeincashandcashequivalentsduetoexchange | ||||
| ratemovements | (31) | 8 | ||
| Cashandcashequivalentsat31August2023 | B | 409,316 | 159,658 | |
| Notestothestatementofcashflowsfortheyearto31August2023 | ||||
| A | Reconciliationofnetincometonetcashusedinoperatingactivities | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Netincomeasperthestatementoffinancialactivities | 59,693 | 104,021 | ||
| Adjustmentsfor: | ||||
| Depreciationcharge | 28,025 | 25,321 | ||
| Exchangeratemovements | 31 | (8) | ||
| Decreaseininvestments | 7,001 | 14,588 | ||
| Investmentincomeandinterestreceivable | (556,644) | (539,606) | ||
| Decrease(increase)indebtors | 33,597 | (81,538) | ||
| Increaseincreditors | 65 | 22,431 | ||
| Netcashusedinoperatingactivities | (428,232) | (454,791) | ||
| B | Analysisofcashandcashequivalents | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Cashatbankandinhand | 409,316 | 367,613 | ||
| Totalcashandcashequivalents | 409,316 | 367,613 | ||
| C | Analysisofchangesinnetdebt | |||
| At1 | At31 | |||
| September | Cash | August | ||
| 2022 | flows | 2023 | ||
| Cashatbankandinhand | 367,613 | 41,703 | 409,316 | |
| Total | 367,613 | 41,703 | 409,316 |
| 1 | Incomefromdonationsandlegacies | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | Funds |
2023 | 2022 | ||
| £ | £ |
£ | £ | ||
| Donations | |||||
| .Churchcollectionsanddonations | 305,162 | 24,630 |
329,792 | 240,291 | |
| .Otherdonations | 8,475 | 8,475 | 8,600 | ||
| 2023Totalfunds | 313,637 | 24,630 |
338,267 | 248,891 | |
| Unrestricted | Restricted | Total | |||
| funds | Funds | 2022 | |||
| £ | £ |
£ | |||
| Donations | |||||
| .Churchcollectionsanddonations | 216,549 | 23,742 | 240,291 | ||
| Otherdonations | 8,600 | 8,600 | |||
| 2022Totalfunds | 225,149 | 23,742 | 248,891 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | Funds |
2023 | 2022 | |
| £ | £ |
£ | £ | |
| Rentalincomefromchurchhall | 165,000 | 165,000 | 165,000 | |
| Incomefrominvestmentproperties | 372,028 | 372,028 | 364,569 | |
| 537,028 | 537,028 | 529,569 | ||
| Incomefromlistedinvestments | ||||
| .Commoninvestmentfunds | 9,432 | 9,432 | 9,215 | |
| Interestreceivable | ||||
| .Bankinterest | 10,184 | 10,184 | 822 | |
| 2023Totalfunds | 556,644 | 556,644 | 539,606 | |
| Unrestricted | Restricted | Total | ||
| funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Rentalincomefromchurchhall | 165,000 | 165,000 | ||
| Incomefrominvestmentproperties | 364,569 | 364,569 | ||
| 529,569 | 529,569 | |||
| Incomefromlistedinvestments | ||||
| .Commoninvestmentfunds | 9,215 | 9,215 | ||
| Interestreceivable | ||||
| .Bankinterest | 822 | 822 | ||
| 2022Totalfunds | 539,606 | 539,606 |
| 3 | Incomefromcharitableactivities | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | Funds |
2023 | 2022 | ||
| £ | £ |
£ | £ | ||
| GrantinrespectofWestEndoutreach | |||||
| projects: | |||||
| .MazarsCharitable Trust | 1,000 | 1,000 | |||
| GrantsinrespectofCoronaviruscrisis: | |||||
| .Retail,hospitalityandleisure | 4,000 | ||||
| 1,000 | 1,000 | 4,000 | |||
| Subscriptions | 55,129 | - |
55,129 | 60,783 | |
| Retreats | 28,845 | - |
28,845 | 23,119 | |
| Othermiscellaneousincome | 17,216 | 2,055 |
19,271 | 12,272 | |
| 101,190 | 2,055 |
103,245 | 96,174 | ||
| 2023Totalfunds | 101,190 | 3,055 |
104,245 | 100,174 | |
| Unrestricted | Restricted | Total | |||
| funds | Funds | 2022 | |||
| £ | £ |
£ | |||
| GrantinrespectofWestEndoutreachprojects: | |||||
| .MazarsCharitableTrust | |||||
| GrantsinrespectofCoronaviruscrisis: | |||||
| .Retail,hospitalityandleisure | 4,000 | 4,000 | |||
| 4,000 | 4,000 | ||||
| Subscriptions | 60,783 | - |
60,783 | ||
| Retreats | 23,119 | - |
23,119 | ||
| Othermiscellaneousincome | 12,272 | - | 12,272 | ||
| 96,174 | 96,174 | ||||
| 2022Totalfunds | 100,174 | 100,174 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds |
2023 | 2022 | |
| £ | £ |
£ | £ | |
| Investmentpropertyexpenses | 41,010 | 41,010 | 9,095 | |
| Otherfees | 16,709 | - |
16,709 | 19,749 |
| 2023Totalfunds | 57,719 | - |
57,719 | 28,844 |
| Unrestricted | Restricted | Total | ||
| funds | funds | 2022 | ||
| £ | £ | £ | ||
| Investmentpropertyexpenses | 9,095 | - | 9,095 | |
| Otherfees | 19,749 | - | 19,749 | |
| 2022Totalfunds | 28,844 | - | 28,844 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Staffcosts(note10) | 317,020 | - | 317,020 | 283,604 |
| Supportofclergy | 38,805 | 38,805 | 27,836 | |
| Churchsupplies | 23,912 | 23,912 | 20,852 | |
| Premises | 82,493 | - | 82,493 | 93,328 |
| Legalandprofessionalcosts | 12,947 | - | 12,947 | 2,408 |
| Governancecosts(note8) | 15,120 | - | 15,120 | 14,580 |
| Othercosts | 212,682 | 16,015 | 228,697 | 177,924 |
| 2023Totalfunds | 702,979 | 16,015 | 718,994 | 620,532 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | 2022 | |
| £ | £ | £ | |
| Staffcosts(note10) | 283,604 | 283,604 | |
| Supportofclergy | 27,836 | 27,836 | |
| Churchsupplies | 20,852 | 20,852 | |
| Premises | 93,328 | 93,328 | |
| Legalandprofessionalcosts | 2,408 | 2,408 | |
| Governancecosts(note8) | 14,580 | 14,580 | |
| Othercosts | 161,926 | 15,998 | 177,924 |
| 2022Totalfunds | 604,534 | 15,998 | 620,532 |
| Expenditureoncharitablea | ctivities:Chaplaincy | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds |
2023 | 2022 | |
| £ | £ |
£ | £ | |
| Staffcosts(note10) | 54,077 | - |
54,077 | 33,787 |
| Supportofclergy | 15,150 | - |
15,150 | 13,200 |
| Othercosts | 67,863 | 7,641 |
75,504 | 62,699 |
| 2023Totalfunds | 137,090 | 7,641 |
144,731 | 109,686 |
| Unrestricted | Restricted | Total | ||
| funds | funds | 2022 | ||
| £ | £ | £ | ||
| Staffcosts(note10) | 33,787 | 33,787 | ||
| Supportofclergy | 13,200 | 13,200 | ||
| Othercosts | 54,736 | 7,963 | 62,699 | |
| 2022Totalfunds | 101,723 | 7,963 | 109,686 |
| Expenditureoncharitableactivities: | Grantsand | donations | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds |
2023 | 2022 | |
| £ | £ |
£ | £ | |
| NotreDameRefugeeCentre(note22) | 11,000 |
- |
11,000 | 11,000 |
| 2023Totalfunds | 11,000 | - |
11,000 | 11,000 |
| Unrestricted | Restricted | Total | ||
| funds | funds | 2022 | ||
| £ | £ |
£ | ||
| NotreDameRefugeeCentre(note22) | 11,000 | 11,000 | ||
| 2022Totalfunds | 11,000 | 11,000 | ||
| Governancecosts | ||||
| Unrestricted | Restricted | Total | Total | |
| funds | funds |
2023 | 2022 | |
| £ | £ |
£ | £ | |
| Legal,professionalandauditcosts | 15,120 | 15,120 | 14,580 | |
| 2023Totalfunds | 15,120 | 15,120 | 14,580 | |
| Unrestricted | Restricted | Total | ||
| funds | funds | 2022 | ||
| £ | £ | £ | ||
| Legal,professionalandauditcosts | 14,580 | 14,580 | ||
| 2022Totalfunds | 14,580 | 14,580 |
| Netincome Thisisstatedaftercharging: |
||
|---|---|---|
| 2023 | 2022 | |
£ |
£ |
|
| Staffcosts(note10) | 371,097 | 317,391 |
| Auditor'sremuneration,includingVAT | ||
| .Auditservices | 15,120 | 14,580 |
| Operatingleaserentals | 7,449 | 6,298 |
| 2023 | 2022 | |||
|---|---|---|---|---|
£ |
£ |
|||
| Staffcostsduringtheyearwereasfollows: | ||||
| Wagesandsalaries | 326,505 | 278,010 | ||
| Socialsecuritycosts | 25,734 | 22,535 | ||
| Pensioncosts | 18,858 | 16,846 | ||
| 371,097 | 317,391 | |||
| 2023 | 2022 | |||
£ |
£ |
|||
| Staffcostsperfunctionwereasfollows: | ||||
| Administeringtrustandupkeepofparish(note5) | 317,020 | 283,604 | ||
| Chaplaincy(note6) | 54,077 | 33,787 | ||
| 371,097 | 317,391 | |||
| Oneemployee(2022:oneemployee)earnedwithinthe | rangeof | £60,001to£70,000per | ||
| annumduringtheyearexcludingemployerpensioncontributions. | ||||
| Thenumberofemployeesonanaverageandafull-timeequivalentbasis,analysedby | ||||
| function,was: | ||||
| Number | FTE | |||
| 2023 | 2022 | 2023 | 2022 | |
| Administeringtrustandupkeepof | ||||
| parish | 10 | 11 | 7 | 7 |
| Chaplaincy | 3 | 2 | 1 | 1 |
| 13 | 13 | 8 | 8 |
| Heritageassets | ||
|---|---|---|
| 2023 | 2022 | |
£ |
£ |
|
| NotreDamedeFranceRomanCatholicChurch | 4,140,000 | 4,140,000 |
| Tangibleassets | |||
|---|---|---|---|
| Land | Furniture | ||
| and | and | ||
| buildings | equipment | Total | |
£ |
£ |
£ |
|
| Cost | |||
| At1September2022 | 11,193,910 | 446,923 | 11,640,833 |
| Additions | 76,003 | 76,003 | |
| Disposals | (15,669) | (15,669) | |
| At31August2023 | 11,193,910 | 507,257 | 11,701,167 |
| Depreciation | |||
| At1September2022 | 174,952 | 174,952 | |
| Chargefortheyear | 28,025 | 28,025 | |
| Disposals | (15,669) | (15,669) | |
| At31August2023 | 187,308 | 187,308 | |
| Netbookvalues | |||
| At31August2023 | 11,193,910 | 319,949 | 11,513,859 |
| At31August2022 | 11,193,910 | 271,971 | 11,465,881 |
| Investments | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Listedinvestments-UK | 280,589 | 287,608 |
| Investmentproperties | 11,994,000 | 11,994,000 |
| Otherinvestments | 573 | 555 |
| 12,275,162 | 12,282,163 | |
| 2023 | 2022 | |
| £ | £ | |
| Listedinvestments | ||
| Marketvalueat1September2022 | 287,608 | 302,196 |
| Netunrealisedinvestmentlosses | (7,019) | (14,588) |
| Marketvalueat31August2023 | 280,589 | 287,608 |
| Costat1September2022and31August2023 | 155,449 | 155,449 |
| 2023 | 2023 | 2022 |
2022 | |
|---|---|---|---|---|
| £ | % | £ |
% | |
| COIFIncomeUnits | 238,879 | 85 | 243,623 |
85 |
| M&GCharifundUnits | 41,710 | 15 | 43,985 |
15 |
| 280,589 | 100 | 287,608 |
100 | |
| 2023 | 2022 | |||
| £ | £ | |||
| Investmentproperties | ||||
| Marketvalueat1September2022and31August2023 | 11,994,000 | 11,994,000 |
| Debtors | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Rentreceivable | 840 | 76,666 |
| Otherdebtors | 103,118 | 54,186 |
| Prepaymentsandaccruedincome | 11,336 | 18,039 |
| 115,294 | 148,891 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Expensecreditors | 25,490 | 35,695 |
| Socialsecurityandothertaxes | 11,461 | 10,800 |
| Accrualsanddeferredincome | 91,150 | 91,985 |
| 128,101 | 138,480 |
| Reconciliationofdeferredincome | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Deferredincomeat1September2022 | 19,347 | 12,477 |
| Incomeaccruedat1September2022 | (76,666) | — |
| Cashreceivedintheyear | 614,980 | 459,773 |
| Amountsreleasedtoincome | (542,773) | (529,569) |
| Incomeaccruedat31August2023 | 840 | 76,666 |
| Deferredincomeat31August2023 | 15,728 | 19,347 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Rentdepositsheld | 109,785 | 99,341 |
| 109,785 | 99,341 |
| Restrictedfunds | ||||
|---|---|---|---|---|
| Expenditure | ||||
| At1 | gains, | At31 | ||
| September | lossesand | August | ||
| 2022 | Income | transfers | 2023 | |
| £ | £ | £ | £ | |
| Chaplaincy | - | 7,641 | (7,641) | |
| ChurchandParish | 16,370 | 20,044 | (16,015) | 20,399 |
| 16,370 | 27,685 | (23,656) | 20,399 |
| Expenditure | ||||
|---|---|---|---|---|
| At1 | gains, | At31 | ||
| September | lossesand | August | ||
| 2021 | Income | transfers | 2022 | |
| £ | £ | £ | £ | |
| Chaplaincy | - | 7,963 | (7,963) | |
| ChurchandParish | 16,589 | 15,779 | (15,998) | 16,370 |
| 16,589 | 23,742 | (23,961) | 16,370 |
| At1 | At31 | |||
|---|---|---|---|---|
| September | Increased/ | August | ||
| 2022 | Transfer | released | 2023 | |
| £ | £ | £ | £ | |
| Heritageassetsfund | 4,140,000 | - | - | 4,140,000 |
| Tangiblefixedassetsfund | 11,465,881 | - | 47,978 | 11,513,859 |
| Investmentsfund | 11,994,000 | - | - | 11,994,000 |
| Churchrepaintingfund | 50,000 | - | - | 50,000 |
| 27,649,881 | - | 47,978 | 27,697,859 |
| At1 | At31 | |||
|---|---|---|---|---|
| September | Increased/ | August |
||
| 2021 | Transfer | released | 2022 | |
| £ | £ | £ | £ | |
| Heritageassetsfund | 4,140,000 | - | - | 4,140,000 |
| Tangiblefixedassetsfund | 11,452,602 | 13,279 | 11,465,881 | |
| Investmentsfund | 11,994,000 | - | - | 11,994,000 |
| Churchrepaintingfund | 50,000 | - | - | 50,000 |
| 27,636,602 | 13,279 | 27,649,881 |
| Analysisofnetassetsbet | weenfunds | weenfunds | |||
|---|---|---|---|---|---|
| Unrestrictedfunds | |||||
| General | Designated | Restricted | Total | Total | |
| Fund | Funds | funds | 2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Fundbalancesat | |||||
| 31August2023 | |||||
| arerepresentedby: | |||||
| Heritageassets | — | 4,140,000 | 4,140,000 | 4,140,000 | |
| Tangiblefixedassets | - | 11,513,859 | - | 11,513,859 | 11,465,881 |
| Investments | 281,162 | 11,994,000 | - | 12,275,162 | 12,282,163 |
| Currentassets | 594,233 | 50,000 | 20,399 | 664,632 | 645,851 |
| Creditors:amountsfalling | |||||
| duewithinoneyear | (128,101) | (128,101) | (138,480) | ||
| Creditors:amountsfalling | |||||
| aftermorethanoneyear | (109,785) | (109,785) | (99,341) | ||
| Totalnetassets | 637,509 | 27,697,859 | 20,399 | 28,355,767 | 28,296,074 |
| Unrestrictedfunds | Unrestrictedfunds | |||
|---|---|---|---|---|
| General | Designated | Restricted | Total | |
| Fund | Funds | funds | 2022 | |
| £ | £ | £ | £ | |
| Fundbalancesat31August2022 | ||||
| arerepresentedby: | ||||
| Heritageassets | - | 4,140,000 | - | 4,140,000 |
| Tangiblefixedassets | - | 11,465,881 | - | 11,465,881 |
| Investments | 288,163 | 11,994,000 | - | 12,282,163 |
| Currentassets | 579,481 | 50,000 | 16,370 | 645,851 |
| Creditors:amountsfallingduewithin | ||||
| oneyear | (138,480) | - | (138,480) | |
| Creditors:amountsfallingaftermore | ||||
| thanoneyear | (99,341) | - | (99,341) | |
| Totalnetassets | 629,823 | 27,649,881 | 16,370 | 28,296,074 |
| 2023 | 2022 | |||
£ |
£ |
|||
| Totalunrealisedgainsat31August2023 | 125,140 | 132,159 | ||
| Reconciliationofmovementsinunrealisedgains: | ||||
| Totalunrealisedgainsat1September2022 | 132,159 | 146,747 | ||
| Add:netlossesarisingonrevaluationsin | theyear | (7,019) | (14,588) |
|
| Totalunrealisedgainsat31August2023 | 125,140 | 132,159 |
| operatingleasesdueasfollows: | ||
|---|---|---|
| 2023 | 2022 | |
| Officeequipment | £ | £ |
| Withinoneyear | 9,552 | 5,520 |
| Withintwotofiveyears | 13,938 | 12,402 |
| 23,490 | 17,922 |