| Jean Spivey | Chair |
|---|---|
| Valerie Wigman | Trustee |
| Camilla Woods | Trustee |
| James Hugh Hughes |
Trustee |
| Paul Ashley Woods | Trustee |
| Note | 2023 | 2022 | ||
|---|---|---|---|---|
| f | f. | |||
| Income and endowments | from: | |||
| Investments | 28,541 | 29,745 | ||
| Total income | 28,541 | 29,745 | ||
| Expenditure on |
||||
| Grants to Individuals | (9,954) | (10,093) | ||
| Investment Managers' |
fee | (8,275) | (8,485) | |
| Independent examiners |
fees | (1,720) | (1,460) | |
| Accountancy | (920) | (700) | ||
| Total expenditure | (20,869) | (20,738) | ||
| Gain/(Loss) on investments |
2 | 40 109 | (144,770) | |
| Net income for year | 47,781 | (135,763) | ||
| Reconciliation of funds |
||||
| Funds at 1"October 2022 | 1,222,711 | 1,358,474 | ||
| Funds at 30'" September | 2023 | 1,270,492 | 1,222,711 |
| Investments | ||||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| f | ||||||
| Market value at 1"October | 2022 | 1,145,029 | 1,298,284 | |||
| Portfolio management fees |
and | charges | (8,275) | (8,485) | ||
| Income reinvested | 14,933 | |||||
| Change in value in the year |
40,109 | (144,770) | ||||
| Market value at 30'" September | 2023 | 1,191,796 | 1,145,029 | |||
| Historical cost at 30'" September | 2023 | 1,169,845 | 1,146,927 | |||
| Investments are held as follows: |
||||||
| Listed Investments: | ||||||
| Held within the UK | 440,680 | 414,003 | ||||
| Held outside UK |
742,252 | 689,280 | ||||
| Cash held in UK for reinvestment |
8,864 | 41,746 | ||||
| 1,191,796 | 1,145„029 | |||||
| The following investments |
comprised | more | ||||
| than 5%ofthe portfolio value: | ||||||
| Vanguard Funds Plc SS.P 500 Ucits Etf |
USD | |||||
| (&5% in 2023) | 84,339 | |||||
| JP Morgan fund Icvc JP Us | Eq Inc | C2 GBP | ||||
| Net Dis (&5% in 2022) | 62,571 | |||||
| Brown Advisory Pds BWN Adv Us |
Sust | Gth | ||||
| Si GBP (&5% in 2022) | 71,555 | |||||
| Creditors | ||||||
| 2023 | 2022 | |||||
| Accountancy S.Independent |
examiners fee | 4,500 | 3,060 | |||
| 4,500 | 3,060 |