2023-12-31-accounts

FORTHEYEAR	ENDED31STDECEMBER2023
	INDEX
Page 1 - 5	Reportofthe Trustees
6	Reportofthe Independent Examiner
7	Balance Sheet
8	StatementofFinancial Activities
9 - 11	Notes to the Accounts

	FOR THE YEAR	ENDED31ST DECEMBER 2023	ENDED31ST DECEMBER 2023
	Note	31.12.23		31.12.22
		£	£	£	£
FIXED ASSETS
Investments	4		2,764,740		2,775,488
CURRENT ASSETS
Cashatbank		5,839		14,415
Cash on account with agentsandadvisers		18,537		11,756
		24,376		26,171
CREDITORS:Amounts falling due
within one year	5	(2,784)		(2,677)
NET CURRENT ASSETS			21,592		23,494
TOTAL NET ASSETS		£	2,786,332	£	2,798,982
FUNDS
Unrestricted funds	7
Designated Funds
Revaluation Funds		656,682		667,718
General Fund		2,129,650		2,131,264
			2,786,332		2,798,982
Restricted Funds	7
		£	2,786,332	£	2,798,982
Approvedonbehalfofthe Trustees by
			(0)

			31.12.23		31.12.22
		General	Restricted	Total	Total
		Funds	Funds	Funds	Funds
	Note	£	£	£	£
INCOME AND ENDOWMENTS FROM:
Donations and Legacies Investment Income		94,250		94,250	91,379
Charitable Activities
Total Income		94,250		94,250	91,379
EXPENDITURE ON:
Raising Funds	2	10,618		10,618	11,660
Charitable Activities	2	115,260	9,828	125,088	120,981
Total Expenditure		125,878	9,828	135,706	132,641
NetIncome/(Expenditure) Before Gains and Losses	on
Investments		(31,628)	(9,828)	(41,456)	(41,262)
RealisedGain/(Loss) on DisposalofInvestments		21,367		21,367	(28,993)
Unrealised Gain / (Loss)onHoldingofInvestment~	4	7,438		7,438	(449,371)
NET INCOME FOR THE YEAR		(2,822)	(9,828)	(12,650)	(519,626)
Transfer from General Fund to Restricted Fund	7	(9,828)	9,828	0	(0)
NET MOVEMENTINFUNDS		(12,650)		(12,650)	(519,626)
RECONCILIATIONOFFUNDS
Total Funds Brought Forward at 1st January 2023		2,798,982 £	- £	2,798,982	3,318,608
Total Funds Carried Forward at 31st December 2023		£ 2,786,333 £	- £	2,786,333	£ 2,798,982

	FOR THE YEAR ENDED 31ST DECEMBER 2023	FOR THE YEAR ENDED 31ST DECEMBER 2023
		31.12.23	31.12.22
2.	EXPENDITURE
		£	£
	Expenditure incurred on Raising Funds - Investment
	Management Fees	10,618	11,660
	North East Thames Area Quaker Meeting Religious
	and other Charitable Purposes	30,000	30,000
	AdvancementofEducation & Relief of Hardship
	(including Elizabeth Heam legacy and Pastoral Care
	Education Fund)	13,194	13,442
	ReliefofHardship (other than education)	59,730	59,462
	Percy Bartlett Trust Beneficiaries	7,527	5,276
	Support Costs
	Independent Examination	2,807	2,655
	Office Expenses	11,300	10,146
	Governance costs	530

	•Notrusteeorother person related ,to the charity had	any personal interestinany contractor	any personal interestinany contractor	transaction entered	into by the
	charity during the period.
4.	INVESTMENTS	31.12.23		31.12.22
			Market		Market
	Listed Investments	Cost	Value	Cost	Value
		£	£	£	£
	Balancesat1st January 2023	1,322,769	1,704,513	1,380,234	2,078,736
	Acquisitions	225,344	225,344	86,687	86,687
	DisposalsinYear	(238,854)	(257,330)	(172,705)	(155,892)
	UnrealisedGain/(Loss)inYear		72,832		(333,571)
	Movement in cash deposits	13,799	13,799	28,553	28,553
	Balancesat31st December 2023	1,323,058	1,759,159	1,322,769	1,704,513
	Property Investment Funds
	Balances at 1st January 2023	785,000	1,070,975	785,000	1,186,775
	Acquisitions
	Unrealised(Loss)/Gain in Year		(65,394)		(115,800)
	Balancesat31st December 2023	785,000	1,005,582	785,000	1,070,975
	Total Investments at 31st December 2023	2,108,058	2,764,740	2,107,769	2,775,488

6.	ANALYSIS OF NET ASSETS BETWEEN	FUNDS	General	Designated	Restricted	Total
			Funds	Funds	Funds	Funds
			£	£	£	£
	Investments		2,764,740			2,764,740
	Current assets		24,376			24,376
	Current liabilities		{2,784)			{2,784)
	Total Assets		2,786,332			2,786,332
7.	MOVEMENTINFUNDS		Incoming	Outgoing
		As At	Resources	Resources		As At
		01.01.23	(inc. gains)	(inc. losses)	Transfers	31.12.23
		£	£	£	£	£
	Restricted Funds:
	Elizabeth Heam Legacy			{9,828)	9,828
				{9,828)	9,828
	Unrestricted Funds:
	Designated Funds
	ReliefofHardship Fund			(59,730)	59,730
	AdvancementofEducation
	(Pastoral Care Education Fund)			(3,366)	3,366
	North East Thames Area Quaker
	Meeting Fund			(30,000)	30,000
	Investment Revaluation Reserve	667,718	7,439		(18,475).	656,682
	General Funds	2,131,264	115,616	{32,781)	{84,449)	2,129,650
		2,798,982	123,055	{125,877)	{9,828)	2,786,332
	Total Funds	2,798,982	123,055	{135,705)	0	2,786,332