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2023-04-05-accounts

Trustees BDaniels
H McConnell
R Picken
G Riggs
I C Sergeant FCA (Chairman)
Rev D UIIindell
A Noakes
Clerk to the Trustees RTwining
Charity number 208074
Principal address Goldings
Worldham
Hill
East Worldham
Hampshire
GU34 3AT
Independent examiner John Caladine FCCA CTA FCIE
Caladine
Limited
Chantry
House
22 Upperton Road
Eastbourne
East Sussex
BN21 1BF
Bankers CAF Bank
25 Kings
Hill
Avenue
Kings
Hill
West Mailing
Kent
ME194JQ
Investment advisors Investec Wealth & Investment Ltd
Connaught
House
Alexandra
Terrace
Guildford
Surrey
GU1 3DA

Page
Trustees'
report
1-3
Statement ofTrustees' responsibilities
Independent
examiner's
report
Statement offinancial activities
Statement offinancial position
Notes to the financial statements 8-12

Unrestricted Unrestricted
funds funds
2023 2022
Notes 5 5
Investments 3 39,380 40,739
Ez)ftt(IItgfs.mv.
Charitable
activities
4 123,264 125,037
Net gains/(losses) on investments 8 (132,720) 87,392
Net movement in funds (218,604) 3,094
Fund balances at 6April 2022 2,286,837 2,263,743
Fund balances at 5April 2023 2,050,233 2,266,837
The statement offinancial activities includes all gains and losses recognised in the year,

2023 2022
Notes 8
Fixed assets
Investments 10 1,978,329 2,199,722
Current assets
Money market investment 50,000 50,000
Cash at bank and in hand 24,584 19,664
74,584 69,664
Current
liabilities
(2,680) (2,549)
Net current assets 71,904 67,115
Total assets less current liabilities 2,050,233 2,266,837
Income funds
Unrestricted
funds
2,050,233 2,266,837
2,050,233 2,266,837
The financial statements were approved by the Trustees on 11 July 2023
I C Sergeant FCA (Chairman) B Dan'
Trustee True

Unrestricted Unrestricted
funds funds
2023 2022
8 8
Income from listed investments 26,439 28,514
Interest receivable 12,941 12,225
39,380 40,739
Charitable activities
Charitable Charitable
Expenditure Expenditure
2023f 2022f
Grants 93,792 95,750
CMS fees 6,387 5,454
100,179 101,204
Share ofsupport costs (see note 5) 21,345 22,153
Share ofgovernance costs (see note 5) 1,740 1,680
123,264 125,037

Support Governance 2023 Support Governance 2022
costs costs costs costs
8 6 6
Management fees 3,762 3,762 3,477 3,477
Brokers' charge 17,172 17,172 18,196 18,196
Sundry expenses and
bank charges 411 411 480 480
Accountancy 1,380 1,380 1,260 1,260
Independent examination 360 360 420 420
21,345 1,740 23,085 22,153 1,680 23,833
Anni)/II
jtSIyfg en
Charitable
activities
21,345 1,740 23,085 22,153 1,680 23,833

Unrestricted Unrestricted Unrestricted
funds funds
2023 2022
8
Revaluation of investments (223,196) 24,756
Gain/(loss) on sale ofinvestments 90,476 62,636
(132,720) 87,392

Fixed ass et investments
Listed
investments
Cost or valuation
At 6April 2022 2,199,722
Additions 360,574
Valuation changes (223,196)
Disposals (358,771)
At 5April 2023 1,978,329
Carrying amount
At 05April 2023 1,978,329
At 05April 2022 2,199,722
11 Current liabilities
2023 2022
6 K
Creditors and Accruals 2,680 2,549
12 Related party transactions