| 2023 | 2023 | 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Endowment | Unrestricted | Total | Total | ||||||
| Funds | Funds | ||||||||
| ~Recei ts | f | f | |||||||
| Investment Income - Dividends |
and Interest | 366 | 58,303 | 58,669 | 48,809 | ||||
| Legacies | |||||||||
| 366 | 58,303 | 58,669 | 48,809 | ||||||
| Investment Portfolio Fund |
Sales | 215,273 | 215,273 | 70,673 | |||||
| Total Receipts | 215,639 | 58/03 | 273,942 | 119,482 | |||||
| P~l | |||||||||
| Grants Paid | |||||||||
| Grants Paid for individuals | (note | I) | 625 | 625 | 3,075 | ||||
| Grants Paid for institutions | (note | I) | 26,065 | 26,065 | 28,304 | ||||
| 26,690 | 26,690 | 31,379 | |||||||
| Governance Costs |
|||||||||
| Portfolio Management | Fees | 12,422 | 12,422 | 12,815 | |||||
| Clerk's salary | 6,100 | 6,100 | 5,500 | ||||||
| Room Hire | 160 | 160 | 80 | ||||||
| PO BoxDelivery | Annual | Fee | 378 | 378 | 360 | ||||
| Printing, postage, |
stationery | and | sundries | 198 | 198 | 122 | |||
| Insurance | 155 | 155 | 151 | ||||||
| Utilities Allowance | 216 | 216 | 180 | ||||||
| Independent Examiner's |
Fees | 2,400 | 2,400 | 2,370 | |||||
| Payroll Services | 359 | 359 | 398 | ||||||
| Bank Charges | 169 | 169 | 170 | ||||||
| Subscriptions | 122 | 122 | 106 | ||||||
| Miscellaneous | |||||||||
| 12,422 | 10,277 | 22,699 | 22,252 | ||||||
| Investment Portfolio Fund |
Purchases | 201,380 | 201,380 | 66,477 | |||||
| Total Payments | 213,802 | 36,967 | 250,769 | 120,108 | |||||
| Net Receipts (Payments) | for the year | 1,837 | 21/36 | 23,173 | (626) | ||||
| Bank and Cash Balances | |||||||||
| Brought Forward | 67,632 | 70,475 | 138,107 | 138,733 | |||||
| Carried Forward | 69,469 | 91,811 | 161480 | 138,107 |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Bank and Cash Balances | ||||||||
| Bank Account | 82,963 | 63,010 | ||||||
| Cash in hand | 45 | 64 | ||||||
| Investment Fund Cash Deposits |
||||||||
| -Client Account | 69,469 | 67,632 | ||||||
| Income Account | 8,803 | 7,401 | ||||||
| Total Cash Balances | 161,280 | 138,107 | ||||||
| —Endowment Fund |
69,469 | 67,632 | ||||||
| - Unrestricted | 91,811 | 70,475 | ||||||
| Investment Assets —Endowment |
Funds | (note 2) | ||||||
| Investment Fund —Investments |
Held | 1,650,001 | 1,790,409 | |||||
| Total assets | 1,811,281 | 1,928,516 | ||||||
| Reserves | ||||||||
| Endowment Reserve |
1,719,470 | 1,858,041 | ||||||
| Unrestricted Reserve |
91,811 | 70,475 | ||||||
| 1,811,281 | 1,928,516 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| . | no | no | |||||
| For the benefit ofinstitutions | 45 | 26,065 | 47 | 28,304 | |||
| For the benefit ofindividuals | 5 | 625 | 23 | 3,075 | |||
| 50 | 26,690 | 70 | 31,379 | ||||
| Grants paid in the year | 50 | 26,690 | 70 | 31,379 |
| Investment Portfolio - Investm |
ents held |
|||
|---|---|---|---|---|
| Year ended | Year ended | |||
| 31March | 31March | |||
| 2023 | 2022 | |||
| 'E | ||||
| Market Value Brought Forward | at 1 April | 1,790,409 | 1,667,567 | |
| Acquisitions | 201,380 | 66,477 | ||
| Sale Proceeds | (215,273) | (70,673) | ||
| Gain in Market Value on Disposals | 78,016 | 21,877 | ||
| Gain (Loss) in Market Value on | Investments | Retained | (204,531) | 105,161 |
| Market Value Carried Forward | at 31 March | 1,650,001 | 1,790,409 |