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|||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|





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|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<br>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|<br>Restricted|||
|---|---|---|---|---|---|
||General|Designated|<br>Endowment|Total|Total|
||funds|funds|<br>funds|2023|2022|
||£|£|<br>£|£|£|
|Investments|3,112,454|298,754|<br>2,987,538|6,398,746|6,639,507|
|Netcurrentassets|106,115|90,207|<br>92,697|289,019|267,871|
|Totalfunds|3,218,569|388,961|<br>3,080,235|6,687,765|6,907,378|
|ANALYSISOFNET|ASSETSBETWEENFUNDS-||PREVIOUSYEAR|||
||Unrestricted|Unrestricted|<br>Restricted|||
||General|Designated|<br>Endowment|Total|Total|
||funds|funds|<br>funds|2022|2021|
||£|£|<br>£|£|£|
|Investments|3,103,642|309,485|<br>3,226,380|6,639,507|6,128,649|
|Netcurrentassets|51,783|345,246|<br>(129,158)|267,871|373,406|
|Totalfunds|3,155,425|654,731|<br>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|