2023-03-31-accounts - The Cirsium Trust

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Achievements and	P	erformance
		SORP reference
Summary ofthe main		Para 1.20	No grants have been				awarded			in	this period
achievements ofthe charity,			but the	Trustees		have		identified				specific
identifying the difference	the		areas in	which	they	intend		to	make			grants		in
charity's work has made	to		the next	12months.
the circumstances of its			In this	financial		year,		the		Charity			has
beneficiaries and any wider			accepted	a share donation				of	8204,000.
benefits to society as a
whole.
Financial Review
Review ofthe charity's		Para 1.21	The Charity		has	accepted				donations				of
financial position at the end			F204,000.
ofthe eriod
Statement explaining the		Para 1.22	Reserves	are	held		to	help		the		charity
policy for holding reserves			operate	effectively.		The		Trustees				keep		the
stating why they are held			level of	reserves		held		under		review			and
			monitor the level of			reserves			held		throughout
			the year.
Amount ofreserves held		Para 1.22	F409,143
Reasons for holding zero		Para 1.22	N/A
reserves
Details offund materially	in	Para 1.24	No funds	are materially			in	deficit.
deficit
Explanation of any		Para 1.23	There are no		uncertainties					regarding				the
uncertainties about the			charity's	going	concern		status.
charity continuing as a going
concern
Additional information	(optional)
You ma choose to include		further statements	where relevant		about
The charity's principal		Para 1.47	The principal		source		of funding				is	currently
sources offunds (including			from the	Trustees.
any fundraising)

			~	~
~	~	0
					~	~

					Period
					24/3/21
				Year Ended	to
				31/3/23	31/3/22
				Unrestricted	Total
				fund	funds
			Notes
INCOMING RESOURCES
Incoming resources from	generated	funds
Voluntary income				204,763	205,000
Other incoming resources				1,019
RESOURCES EXPENDED
Costs ofgenerating funds
Investment management costs				1,227	ll
Governance costs				750	720
Total resources expended				1,977	731
NET INCOMING RESOURCES				203.805	204,269
Other recognised gains/losses
Gains/losses on investment	assets			( j 1,224)	12,293
Net movement in funds				192,581	216,562
RECONCILIATION OF	FUNDS
Total funds brought forward				216,562
TOTAL FUNDS CARRIED FOR%'ARD				409,143	216,562

		2023	2022
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Investments		405,560	212,230
CURRENT ASSETS
Cash at bank		5,053	5,052
CREDITORS
Amounts falling due within one year		(1,470)	(720)
NET CURRENT ASSETS		3,583	4,332
TOTAL ASSETSLESSCURRENT
LIABILITIES		409,143	216,562
NKT ASSETS		409,143	216,562
FUNDS
Unrestricted funds		409,143	216,562
TOTAL FUNDS		409,143	216,562

			Incoming	Resources	Gains and	Movement in
			resources f	expended	losses	funds
Unrestricted		funds
General	fund		205,782	(1,977)	(11,224)	192,581
TOTAL	FUNDS		205,782	(1,977)	{11,224)	192,581

		Detailed Statement ofFinancial Activities
		for the Year Ended 31March 2023
				Period
				24/3/21
			Year Ended	to
			31/3/23	31/3/22
INCOMING RESOURCES
Voluntary income
Donations			204,763	205,000
Other incoming resources
Dividend Income			1,019
Total incoming resources			205,782	205,000
RESOURCES EXPENDED
Investment management		costs
Portfolio management			1,227
Governance costs
Accountancy			750	720
Total resources expended			1,977	731
Net income before gains and losses			203,805	204,269
Realised recognised	gains	and losses
Realised gains/(losses)	on fixed asset investments		(17)
Net income			203,788	204,271