2023-04-05-accounts

Accountants' Report
Background notes and	accounting	policies
Income and Expenditure	Account
Investment Income for the year			4-5
Balance Sheet			6-7
Schedule ofInvestments			8-9
Reconciliation and analysis cfMovement of Funds			10

Income and expenditure	account
for the year ended 5April	2023
			2023		2022
			2	f	2
Orcus income
Investment income		Page 5		131,218		109,832
Rents, ground rents etc. Market Weighton property				1,619		1,815
Interest received
Bank Interest				3,745		(113)
				136,582		111,134
Expenditure
Trustee expenses Public liability insurance			108 1,127		203 1,089
Legal charges etc. Accountancy charges Bank charges			26,400 1,500 96	29,232	26,400 1,380 ~5555	23,588
				107,350		87,568
ttountles				57,825		39,600
Net Incomel(expenditure)	for the year			49 525		42988

forthe year ended 5April	20	23
				2023	2022
				E	6
Interest from Government		Securities
1.25% ILTreasury Stock	2027			1,466	1,325
Wider Range Securities
The Equities Investment Aberdeen DiverslSed	Fund for Chariges			21,710 978	19,500 964
Aberdeen				629	601
Alliance Trust				1,152	915
Artemis Global Inc				1,803	1,451
Asia Dragon Trust AstraZeneca				194 3,935	194 3,458
Aviva				475	450
Aviva US Equiiy Income BAE Systems Balfour Bsatge BHP Group Blackrock Cont Eu Inv				1,367 814 207 8,021 1,715	1,088 581 98 3,851 1,522
BMO Comm Prop Trust BNY Mellon				1,401 919	1,269 794
BP				1,401	1,115
British Land				445	328
Compass Group Conbrio CFPSDL Gsn Inc				360 249	160
Capital Emerging Mkts Total		Opp	Inc	450	413
Carnival
Centrlca				43
Derwsnt London				163	158
Dlsgeo Experian FIL Inv Global Enhanced	Inc			1,686 1,092 4,148	1,411 882 84S
First Trust Gl Equity GlaxoSmithKlins				928 338	729 712
HSBC Holdings Henderson Eurotrust				2,603 908	1,908 598
IMI				364	348
Isharss				7S4	611
Johnson Matthey JPMorgan American Investment JPMorgan Asia Growth inc JPMorgan Emerging Markets JPMorgan US Eq Inc Jupiter Euro Inc Land Securiges Law Debenture Corporadon Lion Trust Euro income			Trust	309 543 1,425 137 888 101 211 4,234 497	289 523 811 137 675 36 132 4,023 412
LXI Reit				1,671	1,208
Gross Income				72,359	58,428

			2023	2022
			5	2
M&G
Marks 8 Spencer
Meggitt Mercantile Investment	Trust		1,111	1,079
Monks Investment Trust			126	108
Montanaro Smeller Cos UK			2,304	1,261
Morgan Stanley Global National Grid	Brands Inc		582 966	482 925
NB Global FIRate			1,274	949
Pearoon			168	180
Pennon Gmup Premier Port Milton UK Capt inc Prudential			481 2,962 112	8,857 655 96
Reckltt &Benckiser			201	201
Relx			1,060	987
Royal Dutch Shell			2,328	1,780
Royal London STGexlra yield Rlo Tinto			3,108 7,404	1,452 8,936
Schroder Asian Inc Fund			999	824
Scottish &Southern Energy Scottish Mortgage Investment Trust Standard Chartered			988 710 52	891 675 66
Standard Life Eq Inc Trust Standard Life Inv Pmp Tate &Lyle Temple Bar Inv Tr Tssco			1,171 1,188 746 547 930	1,089 1,183 189 482 737
Twentyfour Inc Fund 3i Infrastructure			632 802	558 565
Unilever			723	716
Valu-Tree Gravis Inc			3.698	2,564
Vodafone			980	960
Whitbread			151
Witan Inv 'Trust			988
Woodside Energy Artemis StBond			584 1,869	1,315
Franklin Temp ILBond			1,721	1,779
Henderson Diversified	Ord NPV		491	491
Janus Henderson Gbl Inv Preference &BD			1.083	974
Aegon Asst Man Sterling Cor Bond Invesco Perp Corporate Bond M & G Strat Corp Bond			1,091 1,569 1,765	1,050 1,432 1,412
M &G Gl Makro Bond			740	347
National Grid Gas IL			820	755
Ninety One Fund Emerging		Markets Local Curr Debt	339	337
Plmco Ssl In Bond			1,826	1,828
Rathbone Man Ethical	Bond		1,840	869
Schroder Corporate Bond			2,319	989
CT Investment H YBond			1,207	1,126
Grass Income			131,218	109,832

Balance Sheet as at 5April 2023
					2023	2022
					8
Investments			Page 8		3,760,562		4,088,149
Freehold Properties Leigh Lowton R. Mary's Market Weighton				833 445 693	1,770	633 445 693	1,770
Perpetual Rent Charge 87per annum st Chorlton-curn-Hardy,		M/c.			181		181
Freehold Ground Rents
Leigh Lowton St. Mary' s				176 615	791	176 615	791
Loans on Mortgage G & K Galley					2,000		2,000
Cash snd bank balances
HSBC-current sccdunt				18,843		17,501
Walker Grips Group Cowling Swift & Kitchen-Clients'	account			227,165 700,468	946,476	77,959 757,580	853,040
Debtors
Income tax
					4,711,760		4,945,911
Less: Current liabilities
Accrusls
Cowling Swift &Kitchen Accountancy				26,660 2 550	20,540	2750	2,760
Net assets					4,882,220		4,943,151

Trustees A FBrtdeoake deceased	Trustees A FBrtdeoake deceased
Balance Sheet
as at 5 April	2023
		2023	2022
		5
Funds
Permanent	Endowment	4,465,199	4,775,655
General		217,021	167,496
		4,M2, 223	4,943 131

Schedule ofInvesbnents at5Aprg 2023
			2023		2022
			Madan Value	Cost	Msdwt Value	Cost
			R	R	R	R
Government Securities
1.25%Treasury IL2027			136,371	100,164	142,611	100,164
			136,371	100,184	142,611	100,164
Wider Range Securities
The Equlgss Investment Fund for Alliance Trust Abenleen Aberdeen DivemNed Aberdeen Equity Inc Anemia Global Income Asia Dragon Tarot AstraZeneca Avive Avivs UK US Eq Ino Axs Framllngton BAE Systems Balfour Beatty BHP Group Blackrock Cont Eu Blsckrock Eur Absolute Alpha BMO Comm Prop Trust BNY Mellon AS Inc BP British Land Capital Intl Emerging Mkts Carnival	Chariges		387,023 46,512 8,207 14,407 17,001 39,849 11,910 190,721 47,502 72,275 23,860 7,782 38,188 49,382 41,087 24,813 23,379 37,359 7,340 8,833 1,393	30r110 8,098 11,728 19,909 20,931 35,400 12,012 3,752 24,901 9,999 7,954 5,990 30,184 39,923 40,020 33,552 20,199 36,472 10,022 10,000 5,814	410,530 47,376 8,835 17,531 18,908 42,697 13,562 169,994 9,275 49,591 78,088 17,779 5,485 44,468 48,436 40,966 34,023 25,214 26,803 10,214 9,015 2,793	30,110 8,096 12,168 19,909 20,931 35,400 12,012 3,752 8,496 24,901 9,999 7,954 5,990 30,185 39,923 40,020 33,552 20,199 36,472 10,022 10,000 5,814
Gantries Compass Group Conbrio CFPSDL Gen inc Derwent London Dlageo Experian Group FIL Inv Global enhanced Inc First Senser Stewart Asia Pac Ldrs First Trust Gl Funds Eq Markets Franklin Temp Marie Corrie Asia GlaxoSmithKllne		Trust	4,663 23,166 27,'l64 4,801 71,362 67,025 77,358 48,484 18,823 23,431 10,659	'I0,597 9,286 40,020 5,006 678 1,403 80,020 20,657 20,046 10,312 8,192	3.397 18,836 32,068 6,766 77,401 73,925 77,939 50,217 20,162 23,956 15,164	10,597 9,285 40,020 5,005 678 1,403 80,020 20,667 20,048 10,312 10,010
rld Haleon Henderson Dive rsiRed Janus Henderson Preference 8 Bo Henderson Eurotrust HSBC Holdings 31 Infrastructure IMI lshares SSP JP Morgen Amertcan Inv Trust JPMorgan Asia Growth inc JP Morgan Emerging Markets JP Morgan US Eq Income Johnson Mstthey Jupiter European Income			3,032 7,615 21,087 32,148 68,485 17,568 22,122 53,811 54,173 32,607 10,881 29,522 7,631 30,170	1,818 10,025 24,997 19,996 11,097 9,997 5,734 10,594 9,996 39,920 10,018 25,175 4,442 25,132	8,485 24,512 30,712 63,287 19,715 20,145 57,131 59,830 34,668 11,673 32,504 7,815 29,972	10,025 24,997 19,996 11,097 9,997 5,734 10,594 9,996 39,920 10,018 25,175 4,442 25,132

Schedule ofInvestmenls at 5Apr5 2023
		2023		2022
		Market Value	Coal	Msrkel Value	Cost
		6	8	6	2
Wider Range Securities (continued)
Land Secuddes		3,326	2,998	4,230	2,998
Law Debenture Corporation		110,753	29,861	113,424	29,861
Legal &General LXIReit Lion Trust Eu Inc		6,321 28,1S5 31,584	40,159 20,072	40,054 29,502	40,159 20,072
M&G pic Marks 5 Spencer Meggltt Mercantile Inv Trust		1,48'I 11,786 31,105	548 4,043 15,013	1,693 11,387 15,899 35,420	548 4,043 8,001 15,013
Monks Investment Trust		50,955	13,928	60,684	13,928
Montanaro Smaller Cos UK Inc		55,161	80,020	66,503	80,020
Morg Stanley Global Brands Inc National Grid		81,726 21,146	80,020 11,941	81,684 22,682	80,020 11,941
NB Global Fl rate Inc		11,709	14,857	IT,492	18,024
Ninety One Fund Man Emerging Pearson	Mkts Local Curr	5,35S 6,752	'I0,000 10,016	5,440 8,192	10,000 10,016
Pennon Group Premier Port Milton UK Capt inc Premier Port M5ton Eurt Op ps premier Port M8ton US Opp 8acc Prudential		10,545 62,586 31,082 38,497 8,603	13,087 80,020 40,020 40,020 3,431	13,455 73,759 33,648 41,748 8,841	13,087 80,020 40,020 40,020 3,431
Rsckitt Benddser		7,286	8,091	6,852	B,Ogi
Relx		54,338	9,794	50,812	9,794
Shell		63,754	28,692	57,225	26,892
Royal London STGextra yield Rlo Tlnto		46,749 68,151	54,020 to,21e	51,877 78,948	54,020 10,216
Schroder Asian Inc Fund		20,493	20,189	22,169	20,189
Scottish 8 Southern Energy Scottish Morg Inv Trust SLF Realisation Fund		19,676 124,343 1,309	7,432 24,998 12,512	19,497 199,692 1,575	7,432 24,996 12,512
Standard Chsrtemd		4,662	10,847	3,787	10,847
Aberdeen Prop Inc Trust Tate &Lyle Temple Bar Inv Trust Tease		15,654 4,056 13,484 21,249	23,002 4,989 15,033 14,517	25,681 4,591 13,455 22,119	23,002 4,996 15,033 14,517
CT Investment Funds Inv American Select Trust		47,765	20,125	52,669	20,125
Twentyfour Inc Fund Unilever		8,839 21,014	10,037 6,452	9,527 17,329	10,037 6,452
Valu.Tree Gravls UK Income		76,957	84,405	89,110	84,405
Veitas Global GBPA		39,332	40,020	39,744	40,020
Vodafone		11,315	22,008	15,873	22,006
Witsn Investment Trust		37,147	35,009	38,756	35,009
Whltbread		7,472	10,003	7,319	10,003
WoodBids Energy Group Artemis StrBond		4,954 45,907	4,634 52,041	60,641	62,041
Fil GBL IL Bond		53,295	50,436	54,958	50,436
Franklin Temp Term Bond Invesco Perp Corp bond Aegon Asst Man Sterling Cor Bond M &G Corporate Bond M &G Makro Bond		31,142 46,695 32,571 48,520 23,098	49,993 44,997 34,998 48,408 24,892	35,248 51,383 37,244 53,691 23,889	49,993 44,997 34,998 48,408 24,892
Nst Grid Gss 4.1875% IL Plmoo Gl Sel UK Bond		43,672	52,835	19,754 48,865	19,400 52,635
Rathbone Msn Ethical Bond		42,098	54,020	48,701	54,020
Schroder Corp Bond CT Investment Funds High Yield	Bond	40,300 2'7,982	54,020 29,998	49,129 30,678	54,020 29,998
376087638		»60681.	L 8~		24lsct1. L

					Restricted Funds	Restricted Funds
					General	Permanent	Total
						Endowment
					8	8
Opening	value	offunds			167,496	4,775,655	4,943,151
Management		fees				(20,860)	(20,860)
Net income/(expenditure)			for the year		49,525		49,525
Realised	gains/(losses)		on investments			10,079	10,079
Unreallsed gains/(losses)			on investments			(299,675)	(299,675)
Closing	value	offunds		Page 7	217021	4465 199	4682220