| Foundation. |
The members | ofthis Committee at 31March 2 |
022 were: |
|---|---|---|---|
| LN Griffin - | Chairman | Prof CClark | P.Ramsden |
| JFreeman-Attwood | DrBColes | Prof. C H EImray | |
| KCool | N Colton | ||
| The screening | committee | has met twice during the year. |
| Statement ofFinancial | Statement ofFinancial | Activities (Income and Expenditure | Activities (Income and Expenditure | Account) |
|---|---|---|---|---|
| Year to 31March 2022 | ||||
| 2022 | 2021 | |||
| f.,000 | K,000 | |||
| Incoming resources | ||||
| Investment income |
61.5 | 61.7 | ||
| Gross interest | 0.1 | |||
| Other income | 0.5 | 0.9 | ||
| Total Incoming resources | 62.0 | 62.7 | ||
| Resources expended | ||||
| Charitable activities; grants awarded |
||||
| Expeditions | -144.0 | -75.7 | ||
| -less cancellations/refunds | 65.8 | 1.0 | ||
| Net grants (note 5) | -78.2 | -74.7 | ||
| -Alpine Journal (note 5) | -3.5 | -3.5 | ||
| —Environmental reports |
-3.0 | |||
| -Exhibitions and Film |
rants | -4.0 | ||
| -88.7 | -78.2 | |||
| Governance costs |
||||
| Investment management |
-15.6 | -6.8 | ||
| Office expenses | -0.4 | -04- | ||
| Travel | 0.2 | |||
| Other | -4.2 | |||
| 25.6 | -11.6 | |||
| Total resources expended | -114.3 | -89.8 | ||
| Net (outgoing) resources | -52.3 | -27.1 | ||
| Investment gains (losses) |
| Realised Unrealised |
92.9 -0.3 |
68.9 385.2 |
|
|---|---|---|---|
| 92.6 | 454.1 | ||
| Net movement | offunds | 40.3 | 427.0 |
| Funds brought | forward | 2304.0 | 1877.0 |
| Funds carried | forward | 2344.3 | 2304.0 |
| Balance | Sheet as at 3 | 1March 2022 | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| E,OOO | f000 | |||
| Fixed Assets | Investments | (note 3) | ||
| Fixed Interest | 320.0 | 298.8 | ||
| UK Equities | 587.3 | 578.1 | ||
| Overseas | Equities | 1119.5 | 1041.0 | |
| Other investments | 359.6 | 338.0 | ||
| 2386.4 | 2255.9 | |||
| Current Assets | ||||
| Cash at Bank | 58.7 | 116.3 | ||
| Debtors— | ||||
| Other | 13.3 | 13.3 | ||
| Creditors | falling due within one year | |||
| Grants | -103.4 | -75.7 | ||
| Others | -10.7 | -5.8 | ||
| -114.1 | -81.5 | |||
| Net Current Assets | -42.1 | 48.1 | ||
| Total Assets less Liabilities | 2344.3 | 2,304.0 | ||
| Total Funds at 31March 2022 | 2344.3 | 2,304.0 | ||
| Provisions |
| investments | was: | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Fixed interest | 334,577 | 297,116 | ||
| UK Equities | 288,974 | 334,885 | ||
| Overseas | equities | 672,450 | 588,544 | |
| Alternative | investments | 348,334 | 320,906 | |
| 1,644,335 | 1,541 451 | |||
| Cash | 46,459 | 20,726 | ||
| Total | 1,690,794 | 1,562,17 | ||
| 4) Auditors' | remuneration | |||
| 2022 | 2021 | |||
| Audit | f700 | f700 | ||
| Other services | f300 | f,300 | ||
| 5)Grants payable | ||||
| To individuals | 6143,950 | K75,725 | ||
| Alpine Club | K3,500 | F3,500 | ||
| Total | f147,450 | 679,225 |