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|Foundation.<br>|The members|ofthis Committee<br>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.||



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|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<br>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<br>activities;<br>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<br>reports||-3.0|||
|-Exhibitions<br>and Film|rants|-4.0|||
|||-88.7||-78.2|
|Governance<br>costs|||||
|Investment<br>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<br>gains (losses)|||||





|Realised<br>Unrealised||92.9<br>-0.3|68.9<br>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|





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||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|||||





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|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||