2022-12-31-accounts

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Registered Charity No : 213007 Registered Company No: 119509

THE GIVEN-WILSON INSTITUTE (A company limited by guarantee) :

ANNUAL REPORT AND FINANCIAL STATEMENTS

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YEAR ENDED 3157 DECEMBER 2022

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CHARITY COMMISSION {
FIRST CONTACT
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THE GIVEN-WILSON INSTITUTE

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CHARITY COMMISSION i
FIRST CONTACT
09 MAK duds
Contents Page
— ACCOUNTS
RECEIVED
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Legal and Administrative Information 1
Report of the Management Committee 2-4
Independent Examiner’s Report 5
Statement of Financial Activities 6 ‘
Balance Sheet 7
Notes forming part of the Financial Statements 8-14
Summary of Income and Expenditure Accounts 15
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* These pages do not form part of the statutory financial statements.
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THE GIVEN-WILSON INSTITUTE

LEGAL AND ADMINISTRATIVE INFORMATION

Management CommitteeMembers	Management CommitteeMembers	A J Helliar
(Trustees)		RWalmsley
Registered/Principal Office		ChurchLodge
		StMary’s Road
		Plaistow
		London
		E13 9AE
Registered Office		44/54 OrsettRoad
		Grays
		Essex
		RM17 SED
Company RegistrationNumber	.	119509 (England andWales)
Charity Registration Number		213007
Accountants		RowlandHall
		Chartered Certified Accountants
		44/54 OrsettRoad
		Grays
		Essex
		RM17 SED
Bankers		BarclaysBankPlc
		29 Station Road
		Upminster
		Essex
		RM14 2ST
Investment Managers		JM Finn& Co
		4 Coleman Street
		London
		EC2RSTA
Solicitors		JHE Franklin
		16 Highdown Road
		Roehampton
		London
		SW15S5BU

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THE GIVEN-WILSON INSTITUTE

REPORT OF THE MANAGEMENT COMMITTEE ___ YEAR ENDED 3157 DECEMBER 2022

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The Committee present their statutory report with the accounts of The Given-Wilson Institute for the year ended 31% December 2022. This report includes the directors report as required under Company Law.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice 2019 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014 (as amended by Update Bulletin 1 published on 2 February 2016).

OBJECTS AND ACTIVITIES

To provide a central institute with the object of improving the conditions of life of and providing or assisting in the provision of facilities for recreation and other leisure time occupation for the inhabitants of Plaistow.

The relief of poverty in general and in particular to assist persons who by reason of old age, infirmity, domestic distress or other disability are in need without limitation thereof to provide holidays for such persons who are unable to afford the cost.

To provide a place of meeting for any clubs or societies (other than political) in Plaistow.

The continual maintenance and development of the property known as The Church Lodge owned by the Institute.

PROGRESS DURING THE YEAR

The trustees and charity volunteers have remained active during the period and have continued a programme of repairs and renovations to the charity’s freehold properties, which had commenced in the previous years. The properties date from the 18" Century and therefore require periodic renovation as demonstrated by the costs incurred during the year and the previous period.

Young people’s activities have recommenced where possible during the year. Use of the hall has improved during the year and has been used by local religious groups and sports clubs where possible within COVID safe guidelines, especially during the earlier part of the calendar year.

From time to time the Institute provides financial support for St Mary’s Church, Plaistow. However, the church is not well supported and the number of elderly people using the Institute’s facilities is also declining. The Institute continues to support the local community but has been unable to provide an annual Christmas party and outings for the local elderly residents due to COVID restrictions and general concerns for elderly residents welfare whilst COVID 19 and other related ‘winter’ illnesses remain a concern for the community.

Income from lodge rental fell in the year due to a period of vacancy between changing tenants during which repairs and redecorations were attended to.

PUBLIC BENEFIT

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The charity was founded to give financial support and to supply facilities to help with the poor of Plaistow which is done through helping with days out and helping with the costs of a holiday each year. Financial support is given to the local primary school which, because of its location, provides schooling to children with a very mixed racial background. It also provides facilities, at no charge, to Rainbows, Brownies, Guides, Cubs, Scouts and Rangers. Financial support is also given to them. A religious group use the facilities on Sunday and pay a notional fee to cover the overheads. The trustees have given regard to the Charity Commission’s guidance to public benefit.

FINANCIAL REPORT FOR THE YEAR

Asummary of the results for the year is given on page 6 of the accounts. The Committee considers the state of affairs to be satisfactory.

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THE GIVEN-WILSON INSTITUTE

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REPORT OF THE MANAGEMENT COMMITTEE YEAR ENDED 315™ DECEMBER 2022

THE CHARITY’S ASSETS

Any acquisitions and disposals of fixed assets during the year are recorded in the notes to the accounts.

INVESTMENTS

The charity has a portfolio of investments with a market value at 31° December 2022 of £775,840 (2021 - £864,690). During the year the charity used investment managers J M Finn & Co, 4 Coleman Street, London EC2R S5TA, who operate within specific guidelines that are set out and regularly reviewed by the trustees. The investment objectives are to maximise total return through a diversified portfolio whilst providing the required level of income advised by the trustees from time to time within acceptable levels of risk. The value of investmentsfell during the period due to the impact of global economic factors on the portfolios, including Russia’s invasion of Ukraine.

RESERVES POLICY

Reserves at the year-end totalled £902,232 (2021 - £992,498).

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On an ongoing basis and excluding restricted funds, the trustees aim to raise sufficient income to cover the resources expended. Voluntary income is never adequate to cover annual running costs and therefore the trustees maintain an investment portfolio to generate investment income to make up the shortfall. A designated investment fund has been set aside to represent this portfolio. A fixed asset fund has also been designated to represent the extent to which funds have been invested in fixed assets.

It is the trustees’ intention to maintain general funds representing at least two years’ expenditure.

RISK REVIEW

The Management Committee has conducted its own review of the major risks to which the charity is exposed and has established systems to mitigate those risks. Internal risks have been minimised by the agreement and implementation of financial controls covering the authorisation of all payments and commitments made by the charity. These procedures are reviewed annually to ensure that they continue to meet the needs of the charity and to consider whether any additional risks have become apparent.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The company was incorporated under number 119509 and is a registered charity by number 213007. The charity’s principal address for activity is Church Lodge, St Mary’s Road, Plaistow, London E13 9AE.

The financial control is in the hands of the trustees all of whom take their responsibilities very seriously, and the daily running of events is largely in the hands of a team of volunteer workers. The trustees held two trustees’ meetings during the year and the individual trustees frequently visited the Institute premises and met the various groups who use the hall.

New trustees will normally be known personally by existing trustees and must be of a suitable character with a business background. New trustees will be introduced to the work of the charity before acceptance of the position and will be instructed on the moral and legal duties of being a trustee.

THE MANAGEMENT COMMITTEE

The Management Committee members constitute directors of the charity for the purposes of the Companies Act 2006 and trustees of the charity for the purposes of charity legislation.

A third of the Management Committee members must retire at the Annual General Meeting but may be reappointed.

The following members were in office at 31 December 2022 and served throughout the year:

MANAGEMENT COMMITTEE MEMBERS

A J Helliar (Chairman)

R Walmsley (Treasurer)

No Mandgémént Committee member received any remuneration or expenses for services as amember of the Management Committee (2021 - £Nil). No Management Committee member had any beneficial interest in any contract with the charity during the year.

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THE GIVEN-WILSON INSTITUTE

REPORT OF THE MANAGEMENT COMMITTEE__. YEAR ENDED 318’ DECEMBER 2022

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SOLICITORS The charity’s solicitors are J H E Franklin of 16 Highdown Road, Roehampton, London SW15 SBU.

BANKERS

The charity banks with Barclays Bank Plc, 29 Station Road, Upminster, Essex RM14 2ST.

ACCOUNTANTS

The accountants are Rowland Hall, Chartered Certified Accountants, 44/54 Orsett Road, Grays, Essex RM17 SED.

The company has taken advantage of the small companies’ exemption in preparing the report above.

Signed on behalf of the Management Committee

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Mr R Walmsley \
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Approved by the board on .29.12%.42%3

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THE GIVEN-WILSON INSTITUTE

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE GIVEN-WILSON INSTITUTE

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 December 2022 which are set out on pages 6 to 15.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

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Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination J have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

INDEPENDENT EXAMINER’S STATEMENT

I have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. Accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2. The accounts do not accord with those records; or

2. The accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

3. The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

ae TE Dean Flood (FCCA), Independent Examiner Rowland Hall

44/54 Orsett Road

Grays Essex RM17 SED

EBL A eR.

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THE GIVEN-WILSON INSTITUTE

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 3157 DECEMBER 2022

				Total	Total
		Unrestricted	Unrestricted	Unrestricted	Unrestricted
		Designated	General	Funds	Funds
	Notes	Fund	Fund	2022	2021
		£	£	£	£
INCOME AND ENDOWMENTS
Incoming from donations and legacies		-	-	-	-
Charitable activities:
Holidayfund contribution		-	-	-	-
Other trading activities:
Rentoflodge		-	13,986	13,986	18,484
Hall hire	2	-	9,205	9,205	11,013
Investments	3	-	21,502	21,502	19,332
TOTALINCOMEANDENDOWMENTS		-	44,693	44,693	48,829
EXPENDITURE
Expenditure on raising funds:
Investment management costs		-	6,560	6,560	6,119
Expenditure on charitable activities	4	-	43,423	43,423	29,398
TOTALEXPENDITURE		-	49,983	49,983	35,517
Net (expenditure)/income before
investment gains/(losses)		-	(5,290)	(5,290)	13,312
Net (losses)/gains on investments		(84,976)	-	(84,976)	97,598
NETINCOME		(84,976)	(5,290)	(90,266)	110,910
Transfersbetween funds	16	(6,118)	6,118	-	-
NETMOVEMENT INFUNDSFORTHEYEAR	YEAR	(91,094)	828	(90,266)	110,910
RECONCILIATION OFFUNDS
Total fundsbroughtforward		903,916	88,582	992,498	881,588
Totalfundscarriedforward		812,822	89,410	902,232	992,498

The Statement of Financial Activities includes gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

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THE GIVEN-WILSON INSTITUTE

—	BALANCE SHEET	BALANCE SHEET				oe
	ASAT3157DECEMBER		2022
	Notes			2022		2021002
			£	£	£	£
FIXED ASSETS
Tangible Assets	1]			36,982		39,226
Investments	12			775,840		864,690
				812,822		903,916
CURRENT ASSETS
Debtors	13		-		224
Cash atBank and inHand	14	93,133			91,357
		93,133			91,581
CREDITORS —amounts falling due
within one year
Accruals	15	3,722			2,999
NETCURRENT ASSETS				89,411		88,582
TOTAL ASSETS LESS CURRENT
LIABILITIES				902,232		992,498
REPRESENTED BY —
FUNDS AND RESERVES
Unrestricted Funds
DesignatedFunds	16
Fixed AssetFund				36,982		39,226
InvestmentFund				775,840		864,690
				812,822		903,916
General Fund				89,411		88,582
				902,232		992,498

For the year ending 31% December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

• e The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

• e The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to the small companies’ regime and in accordance with FRS 102 SORP.

Approved and aythoriged for issue by the Committee of Management on .72.3. 1.2.1. =X... and signed on its behalf by

Mr R Walmsley - ,

Registered Company No: 119509

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THE GIVEN-WILSON INSTITUTE

FOR THE YEAR ENDED 3157 DECEMBER 2022

1. ACCOUNTING POLICIES

2. a. Basis of Accounting The Given-Wilson Institute is a charitable company limited by guarantee in the United Kingdom. The charity’s registered office is disclosed on page 1 of the financial statements.

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these financial statements. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities 2019 preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16" July 2014 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and with the Charities Act 2011.

The financial statements are prepared in Sterling which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.

The charity constitutes a public benefit entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern. There are no significant areas of adjustment and key assumptions that affect items in the financial statements.

b. Income Dividends and interest, including taxation deducted at source thereon, are credited to the statement of financial activities in the year to which they relate. All other income is credited when it is received.

• c. Resources - Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.

• Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of maintaining the premises for fundraising purpose. They also include costs incurred in the management of the charity’s portfolio of investments.

• Charitable Activities expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

• Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include independent examination fees and costs linked to the strategic management of the charity.

• All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis e.g. per capita or estimated usage as set out in Note 5.

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THE GIVEN-WILSON INSTITUTE

~ NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3157 DECEMBER 2022

1. ACCOUNTING POLICIES (continued)

d. Tangible Fixed Assets

Significant fixed assets are capitalised and stated at cost.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Freehold Buildings 2% on cost Land No depreciation has been provided Furniture 10% on written down value

• e. Investments . Investments are included on the Balance Sheet at fair value (their market value) at the end of the financial period. Gains and losses are credited, or debited, to the statement of financial activities in the year in which they arise.

f. Fund Accounting The general fund comprises those monies which may be used towards meeting the charitable objectives of the Institute at the discretion of the Management Committee.

The designated funds are those funds earmarked by the Management Committee for specific purposes although the Management Committee may ultimately use such funds for other purposes.

Both the general fund and designated funds are unrestricted.

There are no restricted funds in either the current or previous year.

• g. Cash Flow The charitable company qualifies as a small company and advantage has been taken of the exemption provided by the SORP (FRS102) as amended by Bulletin 1 not to prepare a cash flow statement.

• h. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

• i. Creditors Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.

: 2. HALL HIRE

HALL HIREHIRE	2022	2021
	£	£
Plaistow Church ofChrist	3,215	1,625
Parking Spaces	3,150	6,150
Karate Club	2,840	3,238
	9,205	11,013

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THE GIVEN-WILSON INSTITUTE

FOR THE YEAR ENDED 3157 DECEMBER 2022

3.		INVESTMENTINCOME		2022	2021
				£	£
		Equities		21,502	19,332
		Interest on other Securities		-	-
				21,502	19,332
		Bank Interest		-
				21,502	19,332
4.		EXPENDITUREONCHARITABLEACTIVITIES	Notes	2022	2021
				£	£
		Donations and Grants Paid	6	1,000	10,000
		Holidays and Outings	7	-	-
		Christmas Club		-	-
	-	Depreciation and (Profit)/Loss on Disposal		2,244	2,286
		Governance Costs	5	2,424	2,316
		Supports Costs	5	37,755	14,796
				43,423	29,398

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1. ANALYSIS OF GOVERNANCE AND SUPPORT COSTS

The charity initially identifies the cost of its support functions. It then identifies those costs which relate to the govemance function. Refer to the table below for the basis of apportionment and the analysis of support and governance costs.

governance costs.
	General	Governance		Basis of
	Support	Function	Total	Apportionment
	£	£	£
Salaries	270	-	270	StaffTime
Light, Heat and Rates	1,073	-	1,073	Usage
Buildings Insurance	2,027	-	2,027	Usage
Repairs andMaintenance	34,277	-	34,277	Usage
AccountancyFees	-	2,424	2,424	Governance
SundryExpenses	108	-	108	Usage
	37,755	2,424	40,179

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THE GIVEN-WILSON INSTITUTE

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NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3157 DECEMBER 2022

6.	DONATIONSANDGRANTS PAID		2022	2021
			£	£
	Guides, Scouts andBrownies	1,000		-
	Macular Society		-	5,000
	National DeafChildren’s Fund		-	5,000
		1,000		10,000
7.	HOLIDAYSAND OUTINGS	2022		2021
			£	£
	Holidays		-	-
8.	NET INCOMINGRESOURCESFORTHEYEAR		2022	2021
		_	€£	£
	This is stated after charging:
	Depreciation	2,244		2,286
	Accountants Remuneration	2,424		2,316
9.	STAFFCOSTS ANDNUMBERS		2022	2021
			£	£
	Staffcosts during the yearwere as follows:
	Wages and Salaries		270	5,400
			2022	2021
		Number		Number
	The averagenumberofpart-time employees, analysedby function was:
	Support		3	3

No employee received emoluments of more than £60,000.

No member of the Management Committee received any remuneration or expenses in respect of their services as a member of the Management Committee during the year (2021 - £Nil).

10. TAXATION

The Given-Wilson Institute is a registered charity and therefore is not liable to corporation tax on income derived from its charitable activities as it falls within the various exemptions available to registered charities. Although bank interest is received gross by the company, its dividend income is subject to tax credits deducted at source and such income tax can no longer be recovered by the company. As such, the tax suffered is treated in the statement of financial activities as a cost of generating funds.

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THE GIVEN-WILSON INSTITUTE

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 315' DECEMBER 2022

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|||||||| |---|---|---|---|---|---|---| |TANGIBLE|FIXED|ASSETS|Freehold|Furniture| |Land|and|and| |Buildings|Fittings|Total| |£|£|£| |COST| |At|1"|January 2022|108,099|26,242|134,341| |Additions|-|-|-| |At 31% December 2022|108,099|26,242|134,341| |DEPRECIATION| |At|1"|January|2022|72,691|22,424|95,115| |Charge|for year|1,862|382|2,244| |At|31* December 2022|74,553|22,806|97,359| |NET BOOK VALUES| |At|31% December|2022|33,546|3,436|36,982| |At 31" December 2021|35,408|3,818|39,226|

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All the assets were used for charitable purposes. Any use for management and administrative purposes is insignificant and has been ignored.

| The freehold land and buildings were last valued by an independent professional valuer, McDowalls Surveyors : Limited, in March 2018. At that time they valued the property at £1,045,000, on an open market value in current use basis.

12. INVESTMENTS

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||||||||| |---|---|---|---|---|---|---|---| |2022|2021| |£|£| |Market Value|at|1°|January 2022|860,421|769,353| |Additions|102,076|72,017| |Disposals|at Book Value (Proceeds|£114,570,|Gain £8,928)|(105,642)|(74,826)| |Net|Investment|(Losses)/Gains|(93,904)|93,877| |Market|Value|at|315!|December 2022|762,951|860,421| |Cash|held|by|Investment Managers|for Re-investment|—|12,889|4,269| |775,840|864,690| |Listed|investments|held|at 31 December 2022|comprised|the|following:| |Equities|674,903|824,056| |Global|Fixed|Interest|88,048|36,365| |762,951|860,421|

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All investments were held within the United Kingdom.

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THE GIVEN-WILSON INSTITUTE

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2022

12. INVESTMENTS (Continued)

	The Institute	held the following investments in the year:
					Market		Market
				Cost	Value	Cost	Value
	Nominal	Holding		2022	2022	2021	2021
				£	£	£	£
	Global Fixed Interest
	28,000	Severn Trent 1.3%		-	-	28,251	36,365
	Equities
	1,400	BaillieGifford&Co		22,523	24,948	22,155	28,938
	16,000	BNY Newton		28,283	34,154	28,283	32,515
	1,100	CompassGroupple		18,312	21,093	18,312	18,161
	46,000	CQSNew City Yield		24,122	24,380	-	-
	100	Deere&Co		-	-	2,128	25,348
	750	Diageo		14,222	27,375	14,222	30,270
	13,000	Ecclesiastical InsuranceGroup		16,510	16,575	16,510	19,630
	750	ExperianPLC		19,474	21,097	19,474	27,240
	250	Findlay AmericanUSD		22,197	32,598	22,197	36,964
	6,000	FundsmithEQ		14,326	31,700	14,326	36,770
	928	Glaxosmithkline		15,787	13,341	19,394	18,637			‘
	900	Halma	,	8,870	17,766	8,870	28,800	—
	21,000	Hendersons		30,853	24,171	30,853	30,261		.
	200	Johnson& Johnson		-	-	8,767	25,292
	$,000	J PMorgan		22,698	22,730	-	-
	7,100	Legal and Genera! Group		14,907	17,714	14,907	21,123
.	22,000	LeggMason		26,101	29,172	26,101	28,622
	9,700	Lindsell Train		23,892	32,370	23,892	35,161
	7,500	Mercantile InvestmentsTSTPLC		19,064	14,400	12,359	12,083
	12,000	NatixisInvestments Managers S.A Loomis		20,428	28,449	20,428	35,504
	145	NestleSA		14,902	13,886	-	-
	12,400	PolarCapital Global Financials		22,089	18,935	22,089	21,452
	1,200	RELX Plc		15,855	27,456	15,855	28,824
	450	Rio Tinto		6,774	26,091	6,774	22,014
	1,100	RIT Capital Part		21,849	23,375	21,849	30,250
	950	Royal Dutch Shell T&T		15,553	22,097	15,553	15,413
	30	Schroder InvMgmt		12,735	11,652	12,735	13,964
	2,500	Scottish Mort		13,321	18,070	13,321	33,438
	750	Severn Trent		6,266	19,882	6,266	22,103
	6,700	Smith (DS)		19,352	21,541	19,352	25,715
	1,000	Smith&Nephew		16,995	11,095	16,995	12,935
	1,800	StewartInvestors Asia		17,862	17,649	-	-
	13,000	T Bailey Evenlode Income		27,727	31,583	27,727	33,387
	13,600	TR European Growth Trust		14,050	20,128	14,050	24,344
	240	Twentyfour		24,747	22,922	24,747	24,540
	350	Unilever		15,603	14,637	15,603	13,809
	9,400	Vodafone Group		20,060	7,919	20,060	10,552
		Cash Held			12,889		4,269
				648,308	__775,840	604,405	864,690

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THE GIVEN-WILSON INSTITUTE

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NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 315? DECEMBER 2022

13.	DEBTORS					2022	2021
						£	£
	Accrued Income					-	224
14.	CASH ATBANK					2022	202]
						£	£
	BarclaysBank Plc
	Current Account					93,071	91,295
	Business Tracker Account					37	37
	Christmas Club Accounts					-	-
						93,108	91,332
	Cash inHand					25	25
						93,133	91,357
15.	CREDITORS: AMOUNTS FALLINGDUEWITHIN ONEYEAR					2022	2021
						£	£
	Accruals					3,722	2,999
16.	DESIGNATEDFUNDS	Realised	Unrealised
		At	Profit	on	Profit on	.	At
		1/1/22	Disposals		Revaluation	Transfers	31/12/22
		£		£	£	£	£
	InvestmentFund	864,690	8,928		(93,904)	(3,874)	775,840
	FixedAssetFund	39,226		-	-	(2,244)	36,982
		903,916	8,928		(93,904)	(6,118)	812,822
			.
	Investment Fund
	This fund is maintained at a level thatrepresents	represents stocks,	shares andmonies required to generate incomeduring				during the
	year.
	Fixed AssetFund
	This represents the netbook value oftangible fixed assets.
17.	ANALYSIS OFNETASSETSBETWEEN FUNDS
			General		Designated_Restricted		Total
			Funds		Funds	Funds	2022
				£	£	£	£
	Tangible Assets			-	36,982	-	36,982
	Investments			-	775,840	-	775,840
	Current Assets		93,132		-	-	93,132
	Creditors: amounts falling due within	oneyear	(3,722)		-	-	(3,722)
			89,410		812,822	-	902,232

The Institute is a company limited by guarantee and therefore does not have a share capital. In the event of it being wound up, the maximum liability of each member is £1.

1. GUARANTEES