2023-06-24-accounts

Reference and Administrative Details
Report ofthe Trustees	2	to	3
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements	7	to	12
Detailed Statement ofFinancial Activities		]3

			OR	Y R	K ED24
							2023	2022
					Unrestricted	Endowment	Total	Total
					funds	fund	funds	funds
				Notes
INCOME AND ENDOWMENTS			FROM
Investment income				2	40,773		40,773	38,773
EXPENDITURE	ON
Raising funds					6,523		6,523	5,779
Charitable aethdtles
Grants payable					7,700		7,700	7,550
Support costs					2,880		2,880	2,880
Governance costs					1,545		1,545	1,418
Total					I8,648		18,648	17,627
Net gains/(tosses)	on investments					21,224	21,224	(37,461)
NET INCOME/(EXPENDITURE)					22,125	21,224	43,349	(16,315)
RECONCILIATION		OF FUNDS
Total funds brought forward					98,640	2,271,517	2,370,157	2,386,472
TOTAL FUNDS	CARRIED FORWARD				120,765	2,292,741	2,413,506	2,370,157

	A5QQT 8~K
	BtLANCE SHEET
	Kd KKE2923.
			2022
FIXEDASSETS
Investments		2,229,923	2,208,699
CURRENT ASSETS
Debtors		9,971	5,462
Cash at bank		176,710	159,003
		186,681	164,465
CREDITORS
Amounts falling due within one year		(3,098)	(3,007)
NET CURRENT ASSETS		183,583	161,458
TOTAL ASSETSLESSCURRENT
LIABILITIES		2,413,506	2,370,157
NKT ASSETS		2,413,506	2,370,157
FUNDS
Umestricted funds		120,765	98,640
Endowment funds		2,292,741	2,271,5 I7
TOTAL FUNDS		2,413,506	2,370,157

arise when speciEed by the donor or when funds atn raised for particula	r restricted purposes.
Further explanation ofthe nature and purpose ofeach fund is included	in the notes to the financial	statements.
INVESTMKNT INCOME
	2023	2022
Rents received	18,682	18,650
Investment income	22,091	20,123
	40,773	38,773

TRUSTEES' REMUNERAT	TRUSTEES' REMUNERAT	ION AND BEN	ION AND BEN	EFITS
Tbe hostess did not receive		any remuneration		in the year. The trustees meeting	costs amount	to 8165 (2021
8218)
There were no related	party transactions		in the year.
COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES
				Unrestricted	Endowment	Total
				funds	fund	funds
					8
INCOME AND ENDOWMENTS FROM
Investment income				38,773		38,773
EXPENDITURE ON
Raising funds				5,779		5,779
Charitable activities
Grants payable				7,550		7,550
Support costs				2,880		2,880
Governance costs				1,418		1,418
Total				17,627		17,627
Net gains/Unseen) on investments					(37,461)	(37,461)
NET INCOME/(EXPENDITURE)				21,146	(37,461)	(16315)
RECONCILIATION	OF FUNDS
Total funds brought forward				77,494	2308,978	2,386,472
TOTAI FUNDS CARRIED		FORWARD		98,640	2471,517	2,370,157
						continued. ..

								Investments
								6
	MARKET	VALUE
	At25 June	2022						2,208,699
	Revaluations							21,224
	At24June	2023						2329,923
	NKT BOOKVALUE
	At 24 June	2023						2,229,923
	At 24 June	2022						2408,699
	There wctu	no investment		assets outside the UK.
	Cost orvaluation		at 24 June		2023 isrepresented	by:
								Investments
								6
	Valuation in 2021							(37,461)
	Valuation in 2022							21,224
	Cost							2,246,160
								2,229,923
	Analysis offixed		asset investments					2021
								6
	Investment	properties					1,530,356	1,530,356
	Charities Official		Investment		Pund - Income Shares		678,343	715,804
							2,208,699	2,246,160
6.	DEBTORS:AMOUNTS			FALLING DUE WITHIN ONK YEAR
							2023	2022
	Trade debtom						' 6,769	2,496
	Prepayments						3,202	2,966
							9,971	5,462

NOTE THE F miLTHE	NOTE THE F miLTHE	NOTE THE F miLTHE	NOTE THE F miLTHE	IN IA T E YEA K	MENTS - con 'nu
CREDITORSr AMOUNTS FALl ING				DUE WITHIN ONE	YEAR
						2023	2022
						8	8
Other creditors						3,098	3,007
ANALYSIS	OFNET ASSETS		EETWKEN FUNDS
						2023	2022
				Unmstricted	Endowment	Total	Total
				funds	fimd	funds	funds
					8
Investments					2,229,923	2,229,923	2,208,699
Cununt assets				123,863	62,818	186,681	164,465
Cununt liabilities				(3,098)		(3,098)	(3,007)
				120,765	2,292,741	2,413,506	2,370,157
MOVEMKNT IN FUNDS
						Net
					At	movement	At
					25.6.22	in funds	24.6.23
						8
Unrestricted	funds
Uruestricted					78,640	22,125	100,765
Unrestricted	Designated	fimds
					20,000		20,000
					98,640	22,125	120,765
Endowment	Ibnds
Endowment	Funds				2,271,517	21,224	2,292,741
TOTAL FUNDS					2370,157	43349	2,413,506
Net movement in funds,		included	in the above are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in fimds
					6	8
Unrestricted	funds
Umestricted				40,773	(18,648)		22,125
Endowment	fends
Endowment	Funds					21,224	21,224
TOTAL FUNDS				40,773	(18,648)	21,224	43,349

						Net
					At	movement	At
					25.6.21	in funds	24.6.22
						f.
Unrestricted	funds
Unmstricted					57,494	21,146	78,640
Unrestricted	Designated	funds
					20,000		20,000
					77,494	21,146	98,640
Endowment	funds
Endowment	Funds				2,308,978	(37,461)	2471,517
TOTAL FUNDS					2,386,472	(16,315)	2,370,157
Comparative	net movement		in funds, included	in the above are as follows:
				Incoming	Resources	Gains and	Movement
				rmources	expended	losses	in funds
				8		8	8
Unmstricted	funds
Unmstricted				38,773	(17,627)		21,146
Endowment	funds
Endowment	Funds					(37,461)	(37,461)
TOTAL FUNDS				38,773	(17,627)	(37,461)	(16,315)

DETAILED T T KNTOPI/INANCI R	ALACT TIK
	2023	2022
INCOME AND ENDOWMENTS
Investment income
Rents received	18,682	18,650
Investment income	22,091	20,]23
	40,773	38,773
Total incoming resources	40,773	38,773
EXPENDITURE
Raising donations and legacies
Insurance	6,523	5,779
Charitable activities
Grants to institutions	7,700	7,550
Support costs
Management
Clerk fees and disbursements	2,880	2,880
Governance costs
Trustees' expenses	165	218
Accountancy and legal fees	1,380	1,200
	1,545	1,418
Total msources expended	18,648	17,627
Net income before gains and losses	22,125	21,146
Realised recognised gains and losses
Realised gains/(Iusscs) on fixed asset investments	21,224	(37,461)
Net income/(expenditure)	43,349	(16,315)