2023-12-31-accounts

			Page
Reference and administrative		details ofthe charity, its Trustees and advisers
Trustees' report			2-4
Independent examiner's report
Statement offinancial	activities
Balance sheet
Notes to the financial	statements		8-17

Trustees		Professor A Augousti	Professor A Augousti
		Professor J Durell
		Mr BFulton
		Mm KGoldstone
		Professor JJones,	Chairman
		Professor SPalmer
		Dr G Calverley-Miles		(appointed	18	January 2024)
		Mr S Prendiville, Co-opted member				(appointed		21	September 2023)
		Mrs S M McGoldrick,		Co-opted member			(appointed		21 September 2023)
Charity registered
number		209746
Principal office		37Caledonian Road
		London
		N1 9BU
Accountants		Kreston Reeves LLP
		Chartered Accountants
		Montague Place
		Quayside
		Chatham Maritime
		Chatham
		Kent
		ME4 4QU
Bankers		Barclays Bank PLC
		Maidstone 2
		Leicester
		LE872BB
Investment	managers	Savills Investment 33Margaret Street	Management		(UK) Limited
		London
		W1G OJD
		Vanguard Investments		UK Limited
		PO Box10315
		Chelmsford
		CM99 2AT

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2023	2023	2023	2022
			Note	8	K	8	K
Income from:
Donations and legacies				11,082		11,082	6,039
Investments				45,211		45,211	42,059
Total income				56,293		56,293	48,098
Expenditure on:
Charitable activities				27,628		27,628	59,898
Total expenditure				27,628		27,628	59,898
Net income/(expenditure)		before net
gains/(losses) on investments				28,665		28,665	(11,800)
Net gains/(losses)	on investments		9	183,996		183,996	(180,189)
Net income/(expenditure)				212,861		212,661	(191,989)
Transfers between	funds		12	(5,867)	5,667
Net movement in	funds			206,994	5,667	212,661	(191,989)
Reconciliation offunds:
Total funds brought	forward			1,834,995	94,400	1,929,395	2,121,384
Net movement in funds				206,994	5,667	212,661	(191,989)
Total funds carried forward				2,041,989	100,067	2,142,056	1,929,395

		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
		5	5
Donations		11,082	11,082	6,039
Total 2022		6,039	6,039
Investment	income
		Unrestricted	Total	Total
		funds	funds	funds
		2023f	2023 5	2022 f. '
Income from	listed investments	45,169	45,169	42,059
Bank interest		42	42
Total 2023		45,211	45,211	42,059
Total 2022		42,059	42,059

			Grants to	Total	Total
			Individuals	funds	funds
			2023f	2023	2022 5
Grants to individuals	-general funds		16,090	16,090	34,087
Grants to individuals	- restricted	Dobbs Fund			10,888
Total 2023			16,090	16,090	44,975
Total 2022			44,975	44,975

		Grant
		funding of	Support	Total	Total
		activities	costs	funds	funds
		2023f	2023 6	2023 8	2022f
Supportcosts			11,538	11,538	14,923
Grants		16,090		16,090	34,087
Grants - restricted	Dobbs Fund				10,888
Total 2023		16,090	11,538	27,628	59,898
Total2022		44,975	14,923	59,898

					Total	Total
				Activities	funds	funds
				2023	2023 F	2022f
Legal and professional		fees		428	428	428
Trustees' expenses				3,172	3172	1,451
Bank charges				104	104	102
Management	and administration		costs	5,434	5,434	8,322
Auditors' remuneration				2,400	2,400	4,620
Total 2023				11,538	11,538	14,923
Total2022				14,923	14,923

		Listed
		investments
Valuation
At 1 January 2023		1,812,042
Revaluations		183,996
At 31 December 2023		1,996,038
Net book value
At 31 December 2023		1,996,038
At 31 December 2022		1,812,042
Debtors
	2023	2022
	8
Due after more than one year
Other debtors	17,600	24,100
	17,600	24,100
Due within one year
Interest free loan	3,000
Other debtors	1,181
	21,781	24,100

	2023	2022
	0
Other creditors		14,850
Accruals and deferred income	2,400	4,620
	2,400	19,470

						Balance at
	Balance at 1					31
	January			Transfers	Gainsl	December
	2023 5	Income 5	Expenditure 5	in/outf	(Losses) 5	2023
Unrestricted
funds
General Fund	1,562,953	56,293	(27,628)	(5,667)		1,585,951
Investment
Revaluation
Reserve	272,042				183,996	456,038
	1,834,995	56,293	(27,628)	(5,667)	183,996	2,041,989
Restricted
funds
Roland Dobbs
Bursary Fund	94,400			5,667		100,067
Total offunds	1,929,395	56,293	(27,628)		183,996	2,142,056

Statement offun	ds - prior year
						Balance at
	Balance at					31
	1 January			Transfers	Gains/	December
	2022 E	Income K	Expenditure E	in/out E	(Losses) 6	2022f
Unrestricted
funds
General Fund	1,566,536	48,098	(49,010)	(2,671)		1,562,953
Investment
Revaluation
Reserve					(180,189)	272,042
	2,018,767	48,098	(49,010)	(2,671)	(180,189)	1,834,995
Restricted
funds
Roland Dobbs
Bursary Fund	102,617		(10,888)	2,671		94,400
Total offunds	2,121,384	48,098	(59,898)		(180,189)	1,929,395

Summary	offun	ds - c	urrent year
										Balance at
		Balance at 1								31
			January					Transfers	Gains/	December
			2023 6	Income 6		Expenditure	f	in/out 6	(Losses) 6	2023 6
General funds		1,834,995			56,293	(27,628)		(5,667)	183,996	2,041,989
Restricted	funds		94,400					S,S67		100,067
		1,929,395			56,293	(27,628)			183,996	2,142,056
Summary	offunds - prior year
										Balance at
		Balance at								31
		1	January					Transfers	Gains/	December
			2022 8	Incomef		Expenditure	6	in/out E	(Losses) 6	2022 6
General funds		2,018,767		48,098		(49,010)		(2,671)	(180,189)	1,834,995
Restricted	funds		102,617			(10,888)		2,671		94,400
		2,121,384		48,098		(59,898)			(180,189)	1,929,395
Analysis	ofnet assets		between funds
Analysis	ofnet assets		between funds		-current year
								Unrestricted	Restricted	Total
								funds	funds	funds
								2023	2023	2023
								6	6	6
Fixed asset investments								1,996,038		1,996,038
Debtors due after more			than one year					17,600		17,600
Current assets								30,751	100,067	130,818
Creditors	due within one year							(2,400)		(2,400)
Total								2,041,989	100,067	2,142,056

Analysis of net assets between funds - prior ye	ar
	Unrestricted	Restricted	Total
	funds	funds	funds
	2022	2022	2022
	6
Fixed asset investments	1,812,042		1,812,042
Debtors due after more than one year	24,100		24,100
Current assets	18,323	94,400	112,723
Creditors due within one year	(19,470)		(19,470)
Total	1,834,995	94,400	1,929,395