| Unrestricted | Unrestricted | Restricted | ||||
|---|---|---|---|---|---|---|
| General | Designated | Endowment | Total | Total | ||
| Notes | Funds | Funds | Funds | Funds | Funds | |
| 2023 | 2023 | 2023 | 2023 | 2022 | ||
| £ | £ | £ | £ | £ | ||
| INCOMEfrom | ||||||
| Investmentincome: | ||||||
| Dividends | 236,421 | 12,443 | 248,864 | 239,083 | ||
| Interest | 7,962 | 7,962 | 78 | |||
| TOTALINCOME | 244,383 | 12,443 | 256,826 | 239,161 | ||
| EXPENDITUREon | ||||||
| Costofraisingfunds: | ||||||
| Investmentmanagementfees | 5,344 | 6,256 | 11,600 | 11,903 | ||
| Expenditureoncharitable | ||||||
| activities | 3 | 79,314 | 27,041 | 106,355 | 137,723 | |
| TOTALEXPENDITURE | 84,658 | 27,041 | 6,256 | 117,955 | 149,626 | |
| NETINCOME/(EXPENDITURE) | ||||||
| 159,725 | (14,598) | (6,256) | 138,871 | 89,535 | ||
| Transferbetweenfunds | ||||||
| Netrealisedgains/(losses) on | ||||||
| investments | 6,140 | 6,140 | (792) | |||
| Netunrealised(losses)/gainson | ||||||
| investments | (96,581) | (257,312) | (10,731) | (364,624) | 316,580 | |
| NETMOVEMENTSINFUNDS | 63,144 | (265:i70) | '(16,98 | (219,613) | 405,323 | |
| RECONCILIATIONOFFUNDS | ||||||
| TOTALFUNDSBROUGHTFORWARD | 3,155,425 | 654,731 | 3,097,222 | 6,907,378 | 6,502,055 | |
| TOTALFUNDSCARRIEDFORWARD | 3,218,569 | 388,961 | 3,080,235 | 6,687,765 | 6,907,378 |
| 2023 | 2022 | ||
|---|---|---|---|
| Notes | £ | £ | |
| FIXEDASSETS | |||
| Investments | 4 | 6,398,746 | 6,639,507 |
| CURRENTASSETS | |||
| Cashatbankandinhand | 458,792 | 457,792 | |
| CREDITORS:amountsfallingduewithinoneyear | 5 | (169,773) | (189,921) |
| Netcurrentassets | 289,019 | 267,871 | |
| TOTALNETASSETS | 6,687,765 | 6,907,378 | |
| FUNDS | |||
| Restrictedfunds | |||
| EndowmentFunds | 6 | 3,080,235 | 3,097,222 |
| Unrestrictedfunds | |||
| GeneralFunds | 6 | 3,218,569 | 3,155,425 |
| DesignatedFunds | 6 | 388,961 | 654,731 |
| TOTALFUNDS | 6,687,765 | 6,907,378 |
| PENDITUREONCHARITABLEACTIVITIES | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Unrestrictedfunds | ||
| Grants | ||
| TheQueen'sUniversityofBelfast | 15,000 | |
| LondonNorthwestUniversity | 9,247 | |
| UniversityofStrathclyde | 14,136 | |
| UniversityCollegeLondon | (13,838) | 15,000 |
| UniversityofEdinburgh | 15,356 | |
| UniversityofSurrey | 20,000 | |
| LOROS | 19,050 | |
| ImperialCollegeLondon | 38,746 | |
| 79,314 | 53,383 |
| TheUniversityCollegeLondoncreditbalanceaboverelatesto wasrepaidinthecurrentyear. |
anunusedgrantawardedin | 2020which |
|---|---|---|
| Unrestricteddesignatedfund | ||
| Fellowships | ||
| UniversityofSurrey | 60,000 | |
| Administrationandsupportservice | 15,781 | 12,600 |
| Otherexpenses | 2,800 | 3,520 |
| Governancecosts | ||
| Feespayabletotheindependentexaminerfor: | ||
| Accountancy | 4,800 | 4,680 |
| Independentexamination | 3,660 | 3,540 |
| 27,041 | 84,340 | |
| 106,355 | 137,723 |
| INVESTMENTS | |||||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | Restricted | |||
| General | Designated | Endowment | Total | Total | |
| fund | fund | fund | 2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Marketvalueat6 | |||||
| April2022 | 2,785,365 | 309,485 | 3,226,380 | 6,321,230 | 6,004,650 |
| Additionsatcost | - | - | 150,000 | 150,000 | 792 |
| Proceedson | |||||
| disposals | - | (137,670) | (137,670) | ||
| Netinvestment | |||||
| (losses)/gains | |||||
| -realised | - | 6,140 | 6,140 | (792) | |
| -unrealised | (96,581) | (10,731) | (257,312) | (364,624) | 316,580 |
| 2,688,784 | 298,754 | 2,987,538 | 5,975,076 | 6,321,230 | |
| Cashdeposits | 423,670 | - | - | 423,670 | 318,277 |
| Marketvalueat5 | |||||
| April2023 | 3,112,454 | 298,754 | 2,987,538 | 6,398,746 | 6,639,507 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Unrestrictedgeneralfund | 2,518,826 | 2,518,826 |
| Unrestricteddesignatedfund | 279,870 | 279,870 |
| Restrictedendowmentfund | 2,948,696 | 2,898,696 |
| 5,747,392 | 5,697,392 | |
| CREDITORS:amountsfallingduewithinoneyear | ||
| 2023 | 2022 | |
| £ | £ | |
| Accountancyfees | 10,080 | 10,080 |
| Independentexaminationfees | 3,660 | 3,540 |
| Grants | 93,152 | 53,383 |
| Fellowships | 60,000 | 120,000 |
| Othercreditors | 2,881 | 2,918 |
| 169,773 | 189,921 |
| Unrestricted | Unrestricted | Restricted |
|||
|---|---|---|---|---|---|
| General | Designated | Endowment |
Total | Total | |
| funds | funds | funds |
2023 | 2022 | |
| £ | £ | £ |
£ | £ | |
| Investments | 3,112,454 | 298,754 | 2,987,538 |
6,398,746 | 6,639,507 |
| Netcurrentassets | 106,115 | 90,207 | 92,697 |
289,019 | 267,871 |
| Totalfunds | 3,218,569 | 388,961 | 3,080,235 |
6,687,765 | 6,907,378 |
| ANALYSISOFNET | ASSETSBETWEENFUNDS- | PREVIOUSYEAR | |||
| Unrestricted | Unrestricted | Restricted |
|||
| General | Designated | Endowment |
Total | Total | |
| funds | funds | funds |
2022 | 2021 | |
| £ | £ | £ |
£ | £ | |
| Investments | 3,103,642 | 309,485 | 3,226,380 |
6,639,507 | 6,128,649 |
| Netcurrentassets | 51,783 | 345,246 | (129,158) |
267,871 | 373,406 |
| Totalfunds | 3,155,425 | 654,731 | 3,097,222 |
6,907,378 | 6,502,055 |
| 8 | FUNDS | Balance | Realised/ | Balance | |||
|---|---|---|---|---|---|---|---|
| at5April | unrealised | at5April | |||||
| 2022 | Income | Expenditure | Transfer | losses | 2023 | ||
| £ | £ | £ | £ | £ | £ | ||
| UnrestrictedGeneral | |||||||
| Funds | 3,155,425 | 244,383 | (84,658) | (96,581) | 3,218,569 | ||
| UnrestrictedDesignated | |||||||
| Funds | 654,731 | 12,443 | (27,041) | (251,172) | 388,961 | ||
| RestrictedEndowment | |||||||
| Funds | 3,097,222 | (6,256) | (10,731) | 3,080,235 | |||
| 6,907,378 | 256,826 | (117,955) | (358,484) | 6,687,765 |
| 8 | FUNDS- | Balance | Realised/ | Balance | |||
|---|---|---|---|---|---|---|---|
| PREVIOUSYEAR | at5April | unrealised | at5April | ||||
| 2021 | Income | Expenditure | Transfer | gains | 2022 | ||
| £ | £ | £ | £ | £ | £ | ||
| Unrestricted | |||||||
| GeneralFunds | 2,856,214 | 227,250 | (58,917) | 130,878 | 3,155,425 | ||
| Unrestricted | |||||||
| DesignatedFunds | 556,880 | 11,911 | (84,340) | 170,280 | 654,731 | ||
| Restricted | |||||||
| EndowmentFunds | 3,088,961 | (6,369) | 14,630 | 3,097,222 | |||
| 6,502,055 | 239,161 | (149,626) | 315,788 | 6,907,378 |