2023-03-31-accounts

			Page
Reference and administrative		details ofthe Trust, its Trustees and advisers
Trustees' report			2-8
Independent examiner's report			9-10
Statement offinancial	activities
Balance sheet			12
Notes to the financial	statements		13-21

Trustees	SirA EHerber-Percy	SirA EHerber-Percy	KCVO JP, Chair	KCVO JP, Chair
	Mr V Hunt (Vice	Chairman		ofShropshire	Council)
	Mrs C Paton-Smith
	Lady Lydia Forester
	Mrs SReynolds	(Borough of Telford and			Wrekin)
	Mr BWilliams
Charity registered number	215479
Principal office	2 Breidden Way
	Bayston Hill
	Shrewsbury
	Shropshire
	SY3OLN
Clerk tothe Trust	Mr E Hewitt
Accountants	WR Partners
	Chartered Accountants
	Belmont House
	Shrewsbury Business		Park
	Shrewsbury
	Shropshire
	SY26LG
Bankers	Lloyds Bank PLC
	1 Pride Hill
	Shrewsbury
	Shropshire
	SY1 1DG
Trustees Investments	Cazenove Capital
Advisors	Liverpool House
	Lower Bridge Street
	Chester
	CH1 1RS

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
			2023	2023	2023	2022
		Note	6	6
Income from:
Investments		2	10,973	144,900	1SS,S73	142,023
Total income			10,973	144,900	155,873	142,023
Expenditure on: Raising funds			2,604	33,617	36,221	35197
Charitable activities:
Grants			7,000	107,633	114,633	135,790
Governance			(216)	14,899	14,683	10,809
Total expenditure			9,388	156,149	165,537	181,795
Net incomel[expenditurs) before net (losses)lgains on investments Net (losses)/gains on investments		8	1,5&5 (21,745)	(11,249) (306,764)	(9,664) (328,509)	(39,773,i 484,166
Net (expenditure)/income			(20,160)	(318,013)	(338,173)	444,393
Transfers between funds		11	(13,971)	13,971
Net movement In funds			(34,131)	(304,042)	(338,173)	444,393
Reconciliation offunds:
Total funds brought forward Net movement in funds			512,977 (34,131)	6,500,718 (304,042)	7,013,695 (338,173)	6,569,302 444,393
Total funds carried forward			47&,846	6,196,676	6,675,522	7,013,695

		Restricted	Unrestricted	Total	Total
		funds	funds	funds	funds
		2023	2023	2023	2022
		8	8	F
income from cash		454	4,039	4,493	28
Other Investment	income	10,519	140,861	151,380	141,995
Total 2023		10,973	144,900	155,873	142023
Total 2022		9,799	132,224	142,023

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
			2023	2023	2023	2022
				6	6
investment	management	fees	2,604	33,617	36,221	35,197
Total 2023			2,604	33,617	36,221	35,197
Ttl2022			2,625	32,572	35,197

	Grants to	Grants to	Total	Total
	Institutions	individuals	funds	funds
	2023	2023	2023	2022
	6	F	6
Health & Disability	50,933		50,933	32,940
Schools &Other Organisations	50,000		50,000	91,250
Foreign Travel				300
College Course Music &Drama		1,700 6,000	1,700 6,000	9,300
University Course		6,000	6,000	2,000
Total 2023	100,933	13,700	114,633	135,790
Total 2022	119,140	16,650	135,790

Analysis ofgrants (continued) The Trust has made the following material grants to institutions	during the year:
	2023f	2022f
Schools & Other Organisations
Flaxmill Shrewsbury University Centre Shrewsbury Ironbridge Gorge Museum Trust VCH - Shropshire Grand Piano purchase Shropshire Foster Care association Sfropshire Schools and Sports Association Other grants &f4,000	15,000 5,000 (5,000) 10,606 4,600 21,600	50,000 15,000 7,500 5000 5,000 8,750
	50,006	91,250
Health &disability grants	50,933	27,890
	100,933	119,140
	2023f	2022
Health &Disability Grants
The Robert Jones &Agnes Hunt Hospital Midlands Air Ambulance	25,000	5,000
Derwen College Other Grants &f4,000	25,933	4,000 18,890
	50,933	27,890

					Restricted	Unrestricted	Total	Total
					funds	funds	funds	funds
					2023 6	2023 6	2023f	2022
Audit and accountancy						3,496	3,496	3,500
Sundry expenses						1,441	1,441	1,250
Postage and	stationery					167	167	125
Honaradia						1,800	1,800	1,800
Services provided by Shropshire			Council			8,000	8,000	4,000
Exchange rate (gains) 8 losses					(216)	(5)	(221)	34
Total 2023					(216)	14,899	14,683	10,809
Total 2022					33	10,778	10,809
Independent	examiner's	remuneration
							2023 6	2022f
Fees payable examination	to the Trust's independent examiner ofthe Trust's annual accounts				for the independent		3,496	3,600

8.	Fixed asset investme	nts
				Listed
				investments
	Cost or valuation
	At 1 April 2022			6,815,685
	Additions			189,540
	Disposals			(457,1?3)
	Revaluations			(295,94?)
	At 31 March 2023			6,252,105
	Net book value
	At 31 March 2023			6,252,105
	At 31March 2022			6,815685
9.	Debtors
			2023	2022
			6	5
	Due within one year
	Prepaymsnts and accrued income		4,801	5,151
			4,801	5,151
10.	Creditors: Amounts	falling due within one year
			2023	2022
			6
	Other'creditors		6,003	5,393
	Accruals and deferred	income	3,600	6,950
	Grants accrued		117,000	104,000
			126,603	117,343

Analysis ofnet assets between funds -cune	nt year
	Restricted	Unrestricted	Total
	funds	funda	funds
	2023 6	2023 f	2023 6
Fixed asset investments	435,294	5,816,811	6,252,105
Current assets	45,552	504,468	550,026
Creditors due within one year	(2,000)	(124,603)	(126,603)
Total	478,846	6,196,676	6,675,522

Analysis of net assets between funds - pnor	year
	Restncted	Unrestricted	Total
	funds	funds	funds
	2022	2022f	2022
Fixed asset investments	487,804	5,327,881	6,815,585
Current assets	26,173	289,180	315,353
Creditors due within one year	(1,000)	(116,343)	(117,343)
	512,977	6,500,718	7,013,695