2023-12-31-accounts

Trustees’ report	1
Statement ofTrustees’ responsibiLities	5
Independent examiners reportto The Trustees ofthe Grace Wyndham GoLdie (BBC) Trust Fund	6
Statement offinancia[ activities	7
BaLance sheet	8
Notes to the financial statements	9

	Note	2023	2022
		£	£
Income and endowments from:
Investments		71,455	73,282
Interest Received		2,184	443
Other Income		384
TotaL incoming resources	4	74,023	73,725
Expenditure on:
Charitable activities	6	(59,608)	(44,463)*
Investment management costs	5	(4,102)	(4,225)*
Independent examiner fee	2	(100)	(100)
TotaLExpenditure		(63,810)	(48,788)
Net income and net movement in funds before gains and		10,213	24,937
Losses on investments
Net gain/([oss) on investments	7	45,159	(158,568)
Net movement in funds	9	55,372	(133,631)
ReconciLiation offunds:
Total funds brought forward	9	1,684,608	1,818,239
TotaLfunds carried forward	9	1,739,980	1,684,608

BaLancesheet
at3l December2023
	Note	2023	2022
		£	£
Fixed assets
Investments (at market value)	7	1,711,705	1,643,169
Currentassets
Cash at bank and in hand		36,275	52,239
Liabilities
Creditors falling due within one year	8	(6,000)	(10,800)
Creditors falling due in morethan one year	8	(2,000)	-
TotaLnetassets		1,739,980	1,684,608
The funds ofthe charity	9	1,739,980	1,684,608

Investmentand other income
	2023	2022
	£	£
Investments	71,455	73,282
Interest Received	2,184	443
Other Income	384	-
Total	74,023	73,725

		2023		2022
	No.	£	No.	£
Grants for education	16	50,794	10	33,550
Grants for alLeviation of hardship	7	11,493	5	5,600
TotaL grants paid	23	62,287	15	39,150
Accrued during the year	3	8,000	6	10,800
Accrued in the prioryear	(6)	(10,800)	(3)	(5,600)
Total grants expenditure	20	59,487	18	44,350

Investments
	2023	2022
	£	£
Market value at 1 January	1,643,169	1,770,097
Acquisitions at cost	23,377	1,767,307
Disposals	-	(1,735,667)
Unrealised gain/(loss) in the year	45,159	(158,568)
Market value at 31 December	1,711,705	1,643,169

Investments at marketvalue comprised:	2023	2022
	£	£
Schroder Charity Multi-Asset Fund	1,711,705	1,643,169
Historical cost as at 31 December	1,458,745	1,435,368

	£
Balance at 1 January 2022	1,818,239
Net movement in funds duringthe year	(133,631)
Balance at 31 December2022	1,684,608
Net movement in funds during the year	55,372
Balance at 31 December 2023	1,739,980

Net movement in funds consists of:
	2023	2022
	£	£
Revaluation gains/(losses)	45,159	(158,568)
Investmentand Other income	74,023	73,725
Grants awarded	(59,487)	(44,350)
Administration	(4,323)	(4,438)
Total	55,372	(133,631)