| FIXEDASSETINVESTMENTS | 2023 | 2022 |
|---|---|---|
| QuotedlnvestmentsatMarketValue(Note | ||
| 2t5) | 900,025 | 938,502 |
| HeritageAssets(Furniture at cost) | 22,798 | 22,799 |
| CURRENTASSETS | ||
| CashatBank | 17,864 | 19,558 |
| Ledger CashatBrokers (Deposit Account) | 48,155 | 24,723 |
| CURRENT LIABILITIES | (548) | |
| NET CURRENTASSETS | 66,019 | 43,733 |
| NETASSETS | 988,842 | 1,005,033 |
| Represented by | ||
| UNRESTRICTED FUNDS | 988,842 | 1,005,033 |
| INCOMEANDEXPENDITURE | 20232022Restated | 20232022Restated |
|---|---|---|
| lncomingResources | ||
| lnvestmentlncome | 46,399 | 45,539 |
| lnterestonDeposit | 355 | 75 |
| TotalIncomingResources | 46,744 | 45,614 |
| ResourcesExpended | ||
| Direct Charitable expenditure:Awards | 3,400 | 20,131 |
| Direct Charitable expenditure: Grants | 24,747 | |
| lVlanagementandAdministration(Note4) | 3,055 | 3,383 |
| lnvestmentFees | 900 | 900 |
|---|---|---|
| Total ResourcesExpended | 32jA2 | 24,414 |
| NetlncomingResourcesFor TheYear | 14,642 | 21,240 |
| Other recognised gains and losses: | ||
| Realised gainsoninvestment assets | ||
| Unrealised (Losses)/Gainsoninvestment | ||
| assets | (38,564) | (44,744) |
| NetMovement in Funds | (23,922) | (23,544) |
| Balance broughtforwardat1January 2023 | 1,012,764 | 1,036,309 |
| Balance carriedfonrrrardat 31December | ||
| 2023 | 988,942 | 1,012,764 |
| 2.Fixed asset investments | 2023 | 2022 | ||
|---|---|---|---|---|
| QUOTEDINVESTMENTS | t | t | ||
| Itlarketvalueat1stJanuary | 938,502 | 983,246 | ||
| Additionsat cost | 0 | 0 | ||
| Disposals | 87 | 0 | ||
| (Loss)/GainonRevaluation | (38,564) | (44,744) | ||
| llarketvalue at31stDecember | 900,025 | 938,502 | ||
| Historical cost | 880,180 | 880,180 | ||
| 3.Trustees' emoluments | NIL | NIL | ||
| Noemoluments or expenseswerepaid toTrustees. | ||||
| 4. Management andAdministration | ||||
| Accountancy | 400 | |||
| Secretarial honorarium | 2,423 | 3,000 | ||
| Secretarial expenses | 31 | |||
| Digital costs | 385 | 288 | ||
| Bank charges | 50 | (105) | ||
| Other admin costs | 589 | (231) | ||
| lnvestment fees | 900 | 900 | ||
| TotalManagement andAdministration | 3,947 | 4,283 |
| Additions | ||||
|---|---|---|---|---|
| Stock | Valueat31- Dec2022(f) |
Valueat5 Jan2o24(f) |
Gain/loss) (%) |
cosU (Disposal |
| Proceeds) | ||||
| AXAFRAMLINGTON MANAGED | ||||
| INCZ GROSSDIS | 36,788 | 37,367 | 1.57% | |
| A)(AFRAI\flLINGTONIVIONTHLY INCOTUEZDIS |
46,104 | 40,688 | -11.75% | |
| BLACKROCK ENERGY & RESINC TSTPLC ORDGBPO.OI |
53,000 | 45,920 | -13.36% | |
| BLACKROCKWORLDIVIINING TRUST ORDGBPO.Os |
49,420 | 41,090 | -16.86% |
| BNYMELLONUKINCOIUE INSTITUTIONALWDIS |
73,536 | 75,994 | 3.34% | |
|---|---|---|---|---|
| CHELVERTONUK DIVIDEND TRUSTPLC ORDGBPO.2s |
19,360 | 16,720 | -13.64% | 0 |
| coLUNnBrATHREADNEEDLE(UK) | ||||
| ICVCV CT RESPONSIBLEUK | 32,596 | 33,215 | 1.90% | 0 |
| INCOTUE2DIS | ||||
| CQS NATURAL RES GROWTH& INCOME PLC ORDGBPO.2s |
38,500 | 33,000 | -14.29o/o | 0 |
| CQS NEWCITYHIGHYIELDFUND LTDORDNPV |
54,000 | 50,600 | -6.30% | 0 |
| EVELYN PARTNERS SVS | ||||
| DOWGATE UK NEW ECONOMIES | 47,408 | 48,687 | 2.70% | 0 |
| BGBPDIS | ||||
| HENDERSONDIVERSIFIEDINC TRUSTPLC ORDGBPO,OI |
70,500 | 70,000 | -0.710/o | 0 |
| HENDERSON INTL INCOME TRUSTPLC ORDGBPO.OI |
22,969 | 20,857 | -9.19% | 0 |
| INVESCO UKEQUIryHIGH INCOT\,E UKYDIS |
31,555 | 32,564 | 3.20o/o | 0 |
| IM&GEQUITIES INV FD FOR CHARITIES |
45,889 | 43,981 | -4.16% | 0 |
| PRETVIIER I\IITON GLOBAL RENEW.TSTPLC ORDGBPO.OI |
39,000 | 29,625 | -24.44% | 0 |
| PREMIERIVIITONTVIONTHLY INCOTUECDIS |
103,952 | 106,020 | 1.99o/a | 0 |
| ROYAL LONDON CORPORATE BOND MDIS |
29,024 | 30,248 | 4.224/o | 0 |
| CAZENOVECHARIryEQTY VALUEADIS |
91,600 | 98,248 | 7.260/o | 0 |
| SHIRESINCOTUEORDGBPO,sO | 53,300 | 45,240 | -15.20% | 0 |
| JPTVIORGANBRAZILINVTRUST LIQUIDATION |
30,000 | -87.39 | ||
| Total | 938,502 | 900,025 | 4.10% | -87.39 |