## ## ## |||Page| |---|---|---| |Trust information||2-3| |Trustee report||4-7| |independent
auditors'|report|| |Statement offinancial|activities|| |Balance sheet||10| |Notes to the financial|statements|11 - 17| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2023|2023|2023|2023|2022| |---|---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Endowment|Total|Total| ||||||funds|funds|fund|funds|funds| |||||Note||||8|| |Income and endowments||from:|||||||| |Investment
income||||2|36,315|67,443||103,758|93,233| |Total Income|||||36,315|67,443||103,758|93,233| |Expenditure
on:|||||||||| |investment
management||costs||3|||21,066|21,066|23,782| |Charitable
activities||||4|28)658|67,443|—|96,101|94,893| |Total Expenditure|||||28,658|67,443|21,066|117,167|118,675| |Net expenditure|||||||||| |before investment|gnins/(losses)||||7,657||(21,066)|(13,409)|(25,442)| |Net realised and unrealised|||gains/(losses)||||||| |on investment
portfolios|||||||(404)187)|(404&187)|308,941| |Net income nnd movement|||in funds||7,657||(425)253)|(417,296)|283,499| |Total funds brought|forward||at I April||15,016||4,864,543|4,879,559|4,596,060| |Totnl funds carried|forward at 31March||||22,673||4,439,290|4,461,963|4,879)559| ## ## ||||2023||2023|2022|2022| |---|---|---|---|---|---|---|---| ||||Note||||| |Fixed assets|||||||| |Investment
property|at market value||||15,000||15,000| |Investment
pottfolio|at market value|||4,421,806|||4,847,587| |||||4,436)806|||4,862,587| |Current
assets|||||||| |Debtors|||8,802|||14,058|| |Cash on deposit|||||||| |Cash at bank and in|hand||101,515|||84,775|| ||||110,317|||98,833|| |Creditors:
Amounts||falling due|||||| |within one year|||(85,160)|||(81,861)|| |Net current assets|||||25,157||16,972| |Total net assets||||4,461,963|||4,879,559| |Represented
by:|||||||| |Funds and reserves|||||||| |Permanent
endowment||fund|8|4,439490|||4,864,543| |Restricted funds|||9||||| |Vnrestricted
fund|||10||22,673||15,016| |Total funds||||4,461,963|||4,879,559| |Approved
by the trustee on .~.f........ .,.......
5j
(|||....., .„**.** and signed on their behalf|by:|||| ## ## ## ## ## ## ## ## ||||||2023|2023|2023|2023| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Endowment|Total| ||||||funds|fund|fundsf|funds| |2.|Investment|income||||||| ||Dividends|and distributions||from|36,119|67&078||103,197| ||investment|portfolio||||||| ||Interest on|cash on deposit||and at bank|196|365||561| ||||||36)315|67,443||103,758| ||||||2022|2022|2022|2022| ||||||Unrestricted|Restricted|Endowment|Total| ||||||funds|fund|funds|funds| ||||||||5|| ||Investment|income||||||| ||Dividends|and distributions||from|32,623|60,586||93,209| ||Investntent|portfolio||||||| ||Interest on|cash on deposit||and at bank|8|16||24| ||||||32,631|60,602||93,233| ||||||||2023|2022| ||||||||Total|Total| ||||||||funds|funds| ||||||||f|| ||Investment|management||costs||||| ||investment|management|fees||||21,066|23,782| |Investment|management|costs| |---|---|---| |investment|management|fees| ||||2023|2023|2023|2023| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Endowment|Total| ||||fund|funds|fund|funds| |||||f||| |Charitable|activities|||||| |Grants allocated|||26,650|63,714||90464| |Support costs;||||||| |Staff costs|||1,050|1,950||3,000| |Independent|Examination|fee|882|1,638||2,520| |ITcosts|||51|94||145| |Bank charges|||25|47||72| ||||28,658|67,443||96,101| ## ## ## |to the fin|an|cial sta|tem|ents
-31|March 2|023|||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||2022||2022|2022|2022| |||||||Unrestricted||Restricted Endowment|||Total| ||||||||fund||fumls|fund|funds| ||||||||8||f.|f|f| |Clmritable
activities - continued|||||||||||| |Grants allocated|||||||32,420||57,127||89,547| |Support costs.
'|||||||||||| |Staff costs|||||||1,050||1,950||3,000| |Independent|Examination||fee||||787||1,463||2,250| |Bank charges|||||||34||62||96| ||||||||34,291||60,602||94,893| |Grants
awarded||to institutions||are allocated|50% to City|University|of London,||15%to St Ethelburga's||Centre for| |Reconciliation|and Peace ofthe|||net income|and grants out ofthe remaining
35%||||made at the discretion of||the trustee| |were awarded|to|four institutions||(2022'. five|institutions)|amounting|tof26,650|(2022:f32,420).|||| |||||||||||2023|2022| |||||||||||Total|Total| |||||||||||funds|funds| |Fixed assets|—investment||property||||||||| |Freehold
property||at market value||||||||15&000|15,000| |||2023|2022| |---|---|---|---| |||Total|Total| |||funds|funds| ||||f.| |Fixed assets —investment|portfolio||| |Market value at I April 2022||4)847,587|4,562,085| |Add: Purchases
at cost||568,977|538,348| |Less: Sales proceeds||(712,420)|(573,054)| |Net realised gains/(losses)||(4,070)|122,546| |Net unrealised
gains/(losses)||(400,117)|186,395| |Movement
in cash held as part ofportfolio||IZ1,849|11,267| |Mruket value at 31 March 2023||4,421,806|4,847,587| |Cost at 31 March 2023||4)011,336|4,035,084| ## ## |||||2023|2022| |---|---|---|---|---|---| |||||Total|Total| |||||funds|funds| |||||f|| |7.|Creditors: Amounts|falling due tvithin|one year||| ||Grants to be distributed|||77,314|70,727| ||Accruals|||7,846|11,134| |||||85)160|81,861| ## ||||2022|2023|2023| |---|---|---|---|---|---| ||||Total|Movement|Totnl| ||||funds|in Year|funds| ||||8||| |Permanent|endowment|fund|4,864,543|(425453)|4,439,290| ||||2021|2022|2022| ||||Total|Movement|Total| ||||funds|in Year|funds| ||||||f,| |Permanent|endowment|fund|4,579,384|285,159|4,864,543| ## ## |9.|Restricted|funds|funds|||||| |---|---|---|---|---|---|---|---|---| ||||||2022|2023|2023|2023| ||||||Total|Income|Expenditure|Total| ||||||funds|||funds| ||||||8||f.|6| ||City University||ofLondon|||49,011|(49,011)|| ||StEthelburga's||Centre for Reconciliation|and Peace||14,703|(14,703)|| |||||||63,714|(63,714)|| ||||||2021|2022|2022|2022| ||||||Totnl|Income|Expenditure|Total| ||||||funds|||funds| ||||||f.|||| ||City University||ofLondon|||43,944|(43,944)|| ||StEthelburga's||Centre for Reconciliation|and Peace||13,183|(13,183)|| |||||||57,127|(57,127)|| |Unrestri|cted
fund||||| |---|---|---|---|---|---| |||2022|2023|2023|2023| |||Total|Income|Expenditure|Totnl| |||funds|||funds| |General|fund|15)016|36,315|(28,658)|22,673| |||2021|2022|2022|2022| |||Total|Income|Expenditure|Total| |||funds|||funds| ||||||f,| |General|fund|16,676|32,631|(34,291)|15,016| ## ## ## |Analysis o|fnet assets between
funds||||| |---|---|---|---|---|---| |||2023|2023|2023|2023| |||P«rrnanent|||| |||endoivment|Restricted|Unrcstnctcd|Total| |||fund|funds|fund
f,|fundst| |Investment|property|15,000|||15,000| |Investment|portfolio|4,421,806|||4,421,806| |Debtors|||5,721|3,081|8,802| |Cash on deposit and at bank||2,484|63,093|35J38|101,515| |Creditors|||(68,814)|(16&346)|(85,160)| |At 31March 2023||4,439490||22&673|4&461J63| |||2022|2022|2022|2022| |||Pennaneut|||| |||endowment|Restricted|Unrestricted|Total| |||fund|fuads|fuud|funds| |||||f.|| |Investment|property|15,000|||15,000| |Investment|portfolio|4,847,587|||4,847,587| |Debtors|||9,138|4,920|14,058| |Cash on deposit and at bank||1,956|55,226|27,593|84,775| |Creditors|||(64,364)|(17,497)|(81,861)| |At 31 March 2022||4,864,543||15,016|4,879,559| ##