2023-12-31-accounts - Leather And Hide Trades' Benevolent Institution

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			2023		2022
	Notes	General	Endowment	Total	Total
		Funds	Funds	Funds	Funds
INCOMING RESOURCES
' Donations 8r, Events
Donations		11,636		11,636	7,049
Events		1 959		1,969	12966
		13,595		13,595	19,115
Investment Income
Undesignated		21,609		21,609	21,496
Davies Bequest			4,230	4,230	4,889
Samaritan Fund			960	960	898
Tomkins Benefaction			432	432	349
		21,609	5,622	27,231	27,632
Other Income		332		332
Total Incoming Resources		35,536	5,622	41,158	46,747
RESOURCES EXPENDED
Direct Charitable Expenditure
Annuities and Grants		59,658	5,622	65,280	70,287
Management &Admin		15,649		15,649	15,257
Total Resources Kxpended		75,307	5,622	80,929	85,544
Net (outgoing) resources		(39,771)		(39,771)	(38,797)
Gains/(Losses) on investments	5
Unrealised Gains/(Losses)		38,405	(1,486)	36,919	(35,367)
Realised Gains/(Losses)		1,979	941	2,920	714
		40,384	(545)	39,839	(34,653)
Net movement in funds		613	(545)	68	(73,450)
Balances brought forward		566,323	120,182	686,505	759,955
Balances at year end		566,936	119,637	686,573	686,505

	Notes	2023	2022
Investments at Market Vain'e
Designated Fund		541,717	531,333
Unrestricted —Davies Bequest		74,153	94,303
Restricted —Samaritan Fund		17,022	17,305
Unrestricted —Tomkins Benefaction		6,572	6684
Total Investments		639,464	649,625
Current assets and liabilities
Bank Deposits		28,355	23
Cash and Bank Balances		19,356	36,905
		47,711	36,928
Deferred Income &creditors	6	~602	~48
Net current assets		47,109	36,880
Assets Employed		686,573	686 505
Represented by Funds
General Funds		588,826	568,213
Endowment Funds		97,747	118292
		686,573	686 505

e from d	onations and events came from	the following sources:
		2023	2022
Donations
Presidents	Appeal	1,110	920
Donations		10526	6 129
		11,636	7,049
Events
Cycling			9,057
Luncheon		1 959	3009
		1,959	12,066
		13,595	19,115

					2023	2022
Endowment Fund Income
lvI&G dividends					5,622	6,136
General Fund Income
Black Rock dividends					8492	8936
Schroders	dividends				13,117	12,560
					21,609	21,496
					27+31	27,632
CT CHARITABLE		EXPENDITURE
					2023	2022
Annuities	4 Grants
Annuitant	payments				62,510	67,395
Grants					1,250	1,260
					1,520	1,632
					65,280	70287
Management dk Administration
Secretarial,	Treasurer	and governance		fees	14/72	14,256
Printing, postage, stationery			and telephone		600	450
Travel and	bank charges				464	349
Fundraising	and website				313	202
					15,649	15/57

	Fund Name		Opening	(Sales)/	Realised	Revaluation	Closing
			Balance at	Purchases	Gain/(Loss)	Gains/	Balance at
			1Jan 2023	in year	on sales	(Losses)	31Dec 2023
'	Endowment						K
	MkG Charibond	Fund	15,082			492	15,574
	M&G Charifund	Fund	103,210	20 000	941	1,978	82,173
			118+92	20000	941	1,486	97,747
	UaraUtricted
	Black Rock Charities UK Bond Fund		29,981			495	30,476
	Black RockCharities UK Equity Fund		228,180	(30,000)	1,979	11,031	211,190
	Schroders Charity	Equity Fund	273,172			26 879	300051
			531 33	30,000	1,979	38,405	541717
	Portfolio Total		649,625	50000	2,920	36,919	639,464