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|L|N Griffin —Chairman|Prof C Clark|P. Aamsden|
|---|---|---|---|
|J|Freeman-Attwood|Dr 8Coles|Prof. C I-I E Imray|
|K|Cool|N Colton|TRichardson|





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|Year to31M|arch 2Q21|||
|---|---|---|---|
|||2021|2020|
|||f,000|f,000|
|Incoming resources||||
|Se/4lests (note 6)|||106.0|
|Investment<br>income||61.7|64.9|
|Gross interest|||0.2|
|Event donations|||2.9|
|Other income|||0.4|
|Total Incoming resources||62.7|174.4|
|Resources expended||||
|Charitable<br>activities: grants|awarded|||
|-Expeditions||-75.7|-12.1|
|-less cancellations/refunds||1.0|0.7|
|NIst Iran@ (AOte 5)||-74.7|-11.4|
|-Alpine Journal (note 5)||-3.5||
|||-78.2|-14.9|
|Governance costs||||
|Investment<br>management||-6.8|-5.7|
|Office expenses||-0.4|-0.4|
|Travel|||-1.3|
|Other||||
|||-11.6||
|Total resources expended||-89.8|-24.5|
|Net (outgoing) incoming|resources|-27.1|149.9|



|Investment<br>gains (lossesj|||
|---|---|---|
|Realised|68.9|a6,S|
|Unrealised|385.2|-308.3|
||454.1|-291.5|
|Net movement offunds|||
|Funds brought forward|1877.0|2018.6|
|I-unds carried forward||1877.0|





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|||||2021|2020|
|---|---|---|---|---|---|
|||||K,OQQ|K,OOO|
|Fixed Assets —Investments|||(note 3)|||
||Fixed Interest|||298.8|309.0|
||VK EquItles|||578.1|643.2|
||Overseas|Equities||1041.0|523.1|
||Other investments|||338.0|335.5|
|||||2255.9|1810.8|
|Current Assets||||||
||Cash at Bank|||116.3|62.2|
|Debtors—||||||
|||Bequest (note 6)||||
|||Other||13.3|12.3|
||Creditors|- falling due|within one|||
|year||||||
||Grants|||-75.7|-0.0|
||Others|||-5.8|W.3|
|||||-81.5|-8.3|
|Net Current Assets||||48.1||
|Total|Assets less Uabilities|||||
|Total|Funds at|31March 2021||||
|Provisions||||||






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|||2021|2020|
|---|---|---|---|
|Fixed interest||f297,116|f297,116|
|UK Equities||f334,885|f368,174|
|Overseas|equities|f588,544|f508,918|
|Alternative|investments|f320,906|f320,906|
|||f1,541,451|fl,,495,114|
|Cash||f20,726|f4,895|
|Total||f1,562,177|f1,500,009|
|4) Auditors'|remuneration|||
|||2021|2020|
|Audit||f700|f700|
|Other services||f300|f300|
|5)Grants payable||||
|To individuals||f75,725|f11,400|
|Alpine Oub||f3,500|f3,500|
|Total||f79,225|f14,900|



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