| 2023 | 2022 | |
|---|---|---|
| f.„000 | f.,000 | |
| Incoming resources | ||
| Investment income |
66.5 | |
| Gross interest | 0.0 | |
| Other income | 0.5 | 0.5 |
| Total Incoming resources | 62.0 | |
| Resources expended | ||
| Charitable activities: grants awarded |
||
| Expeditions | ||
| -less cancellations/refunds | ||
| Net grants (note 5) | -55.8 | |
| -Alpine Journal {note5) | -3.5 | -3.5 |
| -Environmental reports |
-0.8 | -3.0 |
| -Exhibitions andFilets |
0.0 | -4.0 |
| -60.1 | -88,7 | |
| Governance costs |
||
| Investment management |
-14.6 | -15.6 |
| Secretarial | -15.7 | 0.0 |
| Office expenses | -5.7 | -0.4 |
| Travel | -2.8 | -3.5 |
| Other | 0.0 | -6.1 |
| Total resources | expended | -98.9 | -114.3 |
|---|---|---|---|
| Net (outgoing) | resources | -31.7 | -52.3 |
| Investment gains (losses) |
|||
| Realised | |||
| Unrealised | |||
| -213,3 | |||
| Net movement | offunds | -245.0 | 40.3 |
| Funds brought | forward | 2344.3 | 2304.0 |
| Funds carried | forward | 2098.3 |
| Balance | Sheet as at 3 | 1March 20 | 23 |
|---|---|---|---|
| 2023 | 2022 | ||
| K,OOO | KOGO | ||
| Fixed Assets— Investments |
(note 3) | ||
| Fixed Interest | 381.2 | 320.0 | |
| UK Equities | 554.2 | 587.3 | |
| Overseas Equities | 833,8 | 1119.5 | |
| Other investments | 338.4 | 359.6 | |
| 2107.6 | 2386A | ||
| Current Assets | |||
| Cash at Bank | 62.4 | 58.7 | |
| Debtors— | |||
| Other | |||
| Creditors falling due within one year | |||
| Grants | -77.5 | ||
| Others | -7.8 | ||
| -85.3 | -114.1 | ||
| Net Current Assets | |||
| Total Assets less Liabilities | 2,344.3 | ||
| Total Funds at 31March 2023 | 2098.3 | 2,344.3 |
| investments | was: | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Fixed interest | 434,010 | 334,577 | ||
| UK Equities | 297,836 | 288,974 | ||
| Overseas equities | 585,908 | 672,450 | ||
| Alternative | investments | 339,530 | 348,334 | |
| 1,657/8 | 1 644,33 | |||
| Cash | 62,418 | 46,459 | ||
| Total | 1719,702 | 1,690,79 | ||
| 4) Auditors' | remuneration | |||
| 2023 | 2022 | |||
| Independent | review | 6700 | ||
| (2022 Audit) | ||||
| 6300 | 6300 | |||
| Other services | ||||
| 5) Grants payable | ||||
| To individuals | f84,500 | $143,9S0 | ||
| Alpine Club | D,500 | K3,500 | ||
| Total | f88,000 | K147,450 |