|||||Page|| |---|---|---|---|---|---| |Report ofthe Trustees|||1|to|3| |Independent
Examiner's||Report|||| |Statement ofFinancial||Activities|||| |Balance Sheet|||||| |Notes to the Financial|Statements||7|to|10| |Detailed Statement of|Financial Activities||||| ## ## ## ## ## ## |||||for the Year Ended 30th June 2|023|| |---|---|---|---|---|---|---| ||||||2023|2022| ||||||Unrestricted|Total| ||||||fund|funds| |||||Notes||| |INCOME AND ENDOWMENTS|||FROM|||| |Investment
income|||||29,051|25,852| |Other income||||||130| |Total|||||29,051|25,982| |EXPENDITURE ON||||||| |Charitable
activities||||||| |Grants &Fellowships|Payable||||15,532|7,027| |Governance|||||624|624| |Management
&administration||ofthe|charity||3,981|3,639| |Total|||||20,137|11,290| |Net gains/(losses)
on investments|||||(32,527)|(23,340)| |NET INCOME/(EXPENDITURE)|||||(23,613)|(8,648)| |RECONCILIATION|OF FUNDS|||||| |Total funds brought
forward|||||591,908|600,556| |TOTAL FUNDS CARRIED||FORWARD|||568,295|591„908| ## |||||Balance Sheet||| |---|---|---|---|---|---|---| |||||30th June 2023||| ||||||2023|2022| ||||||Unrestricted|Total| ||||||fund|funds| ||||Notes|||| |FIXED|ASSETS|||||| |Investments|||||532,137|564,440| |CURRENT ASSETS||||||| |Cash at|bank||||37,203|30,358| |CREDITORS||||||| |Amounts|falling due within|one year|||(1,045)|(2,890)| |NET CURRENT ASSETS|||||36,158|27,468| |TOTAL|ASSETSLESSCURRENT LIABILITIES||||568,295|591,908| |NET ASSETS|||||568,295|591„908| |FUNDS||||||| |Unrestricted
funds|||||568,295|591,908| |TOTAL|FUNDS||||568,295|591,908| ## ## ## ## ## ## ## ||||||||2023|2022| |---|---|---|---|---|---|---|---|---| |Investment||income -|M&G common||funds||28,966|25,849| |Interest|received - managing|||agents and bank|||85|3| ||||||||29,051|25,852| |CHARITABLE ACTIVITIES COSTS||||||||| |||||||Grant||| |||||||funding of||| |||||||activities||| |||||||(see note|Support|| |||||||4)|costs|Totals| |Grants|8r, Fellowships||Payable|||15,532||15,532| |Governance|||||||624|624| |Management||8r, administration||ofthe charity|||3,981|3,981| |||||||15,532|4,605|20,137| ## ## ## ## |GRANTS PAYABLE|||||| |---|---|---|---|---|---| |||||2023|2022| |Grants &Fellowships
Payable||||15,532|7,027| |The total grants paid to institutions||during the year was|as follows:||| |||||2023|2022| ||||||f| |British Grassland
Society Conference||||1,500|1,500| |University ofAberystwyth|||||5,000| |European
Grassland
Federation|Symposium|||2,000|2,000| |SRUC Edinburgh||||2,500|2,500| |TEAGASC - The Agricultural
Food||and Development|Authority||(4,113)| |AFBINI|||||(3,000)| |University ofLancaster|||||(4,500)| |University ofSheffield||||(653)|| |University ofQueensiand|||||(2,550)| |British Society ofAnimal
Science||||1,500|| |Rothamsted
Research - TTAkpensuen|||||6,890| |Rothamsted
Research - ECashman|||||3,300| |Institut National
de la Rechcrch|Agronomique|||1,290|| |Rothamstead
Research - OM Akinsola||||4,395|| |Centre for Ecology &Hydrology||||3,000|| |||||15,532|7,027| ## ## |COMPARATIVES F|OR TH|E ST|ATEMENT OF FINANCIAL ACTIVITIES|| |---|---|---|---|---| |||||Unrestricted| |||||fund| |INCOME AND ENDOWMENTS|||FROM|| |Investment
income||||25,852| |Other income||||130| |||||25,982| |EXPENDITURE ON||||| |Charitable
activities||||| |Grants &Fellowships|Payable|||7,027| |Governance||||624| |Management
&administration||ofthe|charity|3,639| |Total||||11,290| |Net gains/(losses)
on investments||||(23,340)| |NET INCOME/(EXPENDITURE)||||(8,648)| |RECONCILIATION|OF FUNDS|||| |Total funds brought
forward||||600,556| ## ## |COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|- continued| |---|---| ||Unrestricted| ||fundf| |TOTAL FUNDS CARRIED FORWARD|591,908| |FIXEDASSET INVESTMENTS|| ||Listed| ||investments| |MARKET VALUE|| |At 1st July 2022|564,440| |Additions|224| |Revaluations|(32,527)| |At 30th June 2023|532,137| |NET BOOK VALUE|| |At 30th June 2023|532,137| |At 30th June 2022|564,440| ## ## ||||||Charifund|Charifund|Charibond|| |---|---|---|---|---|---|---|---|---| ||||||Accumulation|Income|Income|Total| |Valuation
Valuation||at
at|1 July 2022
30June 2023||f4,770
f4,778|f460,051
f435,272|f99,619
f92,087|f564,440
532,4137| |Historic||cost|(at 8|April 2008)
(at 2 February 2022)|f5,000|f415,752|f103,938|f519,690
f5,000| |||||(at 31May 2022)|f67|||f67| |||||(at 31 May 2023)|f225|||f225| |CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||||||| ||||||||2023f|2022| |Other creditors|||||||1,045|2,890| |MOVEMENT
IN||||FUNDS||||| ||||||||Net|| ||||||||movement|At| |||||||At 1.7.22|in funds|30.6.23| |||||||||f| |Unrestricted|||funds|||||| |General|fund|||||591,908|(23,613)|568,295| |TOTAL||FUNDS||||591,908|~23.613)|568,295| ## |Net mov|emen|t
in funds,
in|clud|ed
in|the above|are as follows:|||| |---|---|---|---|---|---|---|---|---|---| |||||||Incoming|Resources|Gains and|Movement| |||||||resources
f|expended|losses|in funds| |Unrestricted||funds|||||||| |General|fund|||||29,051|(20,137)|(32,527)|(23,613)| |TOTAL FUNDS||||||29,051|(20,137)|(32,527)|(23,613)| |Comparatives||for movement||in funds|||||| |||||||||Net|| |||||||||movement|At| ||||||||At 1.7.21|in funds
f|30.6.22| |Unrestricted||funds|||||||| |General|fund||||||600,556|(8,648)|591,908| |TOTAL|FUNDS||||||600,556|(8,648)|591,908| |Comparative||net movement|in|funds,|included|in the above are as follows.|||| |||||||Incoming|Resources|Gains and|Movement| |||||||resources|expended|losses|in funds
f| |Unrestricted||funds|||||||| |General|fund|||||25,982|(11,290)|(23,340)|(8,648)| |TOTAL|FUNDS|||||25,982|(11,290)|(23,340)|(8,648)| ## ## ## ||||for the Year Ended 30th|June ZOZ3|||| |---|---|---|---|---|---|---|---| |||||2023||2022|| |||||K|||| |INCOME AND ENDOWMENTS|||||||| |Investment
income|||||||| |Investment
income - MUG||common|funds|28,966||25,849|| |Interest received - managing||agents|and bank||85||3| |||||29,051||25,852|| |Other income|||||||| |Exchange rate|gain||||||130| |Total incoming resources||||29,051||25,982|| |EXPENDITURE|||||||| |Charitable
activities|||||||| |Grants to institutions||||15,532||7,027|| |Support costs|||||||| |Management|||||||| |Sundries|||||918||543| |Honorarium||||3,000||3,000|| |||||3,918||3,543|| |Finance|||||||| |Bank charges|||||63||| |Governance|costs||||||| |Accountancy|and legal fees||||624||624| |Total resources|expended|||20,|137|11,290|| |Net income||||8,914||14,692||