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||||General|Permanent|Total|Total|
|---|---|---|---|---|---|---|
|||Notes|Funds|Endowment|2023|2022|
|Income &E<br>nditure|||||||
|Incoming Resources|||||||
|Investment<br>received||||||70,000|
|Rent receivable|||20,950||20,950|23,389|
|Investment<br>income|||38,156||38,156|35,627|
|Interest received|||630||630|15|
|Total Incoming Resources|||59736||59736|129031|
|Resources Expended:|||||||
|Direct Charitable<br>Expenditure||2|59,472||59,472|48,415|
|Property<br>Running<br>Costs|||10,229||10,229|4,019|
|Management<br>and Administration|||775||775|785|
|Total Resources Expended|||70476||70,476|53219|
|Net (outgoing)<br>/ incoming Resources For|the Year||(10,740)||(10,470)|75,812|
|Other Recognised Gains:|||||||
|Unrealised<br>(Losses) / Gains on Investment|Assets||10862|39607|50469|101949|
|Net Movement<br>in Funds|||(21,602)|(39,607)|(61,209)|177,761|
|Fund Balances Brought Forward|||545 736|1,080961|1626,697|1,448,936|
|Fund Balance Carried Forward|||524,134|1 041,354|1565 758|1,626,697|





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|ALANCE SHEET AS AT31STMARCH|2023||||||
|---|---|---|---|---|---|---|
||Notes||2023|||2022|
|FIXEDASSETS|||||||
|Tangible fixed assets|4b|||182,688||182,688|
|Investments|4a8'c 5||1,328,149|||1,308,618|
||||1,510,837|||1,491,306|
|CURRENT ASSETS|||||||
|Debtors||600|||600||
|Cash at Banks||55311|||135991||
|||55,911|||136 591||
|CURRENT LIABILITIES|||||||
|Sundry Creditors||1,260|||1 200||
|Net Current Assets||||54,651||135,391|
|TOTAL ASSETSLESSLIABILITIES|||1|565 488||1,626697|
|Represented<br>by:|||||||
|General Funds||||524,134||545,736|
|Permanent<br>Endowment|||1 041 354|||1 080 961|
||||1 565 488|||1626697|





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|Purpose|Number ofGrants|Number ofGrants|Total|Disbursed|
|---|---|---|---|---|
||2023|2022|2023|2022|
|Relief in Need|||||
|(Individuals)|40|37|18,610|10,255|
|(Institutions)|2|1|1,883|750|
|Relief in Sickness|||||
|(Individuals)||||2,395|
|(Institutions)|||14,836|13,925|
|Promotion ofEducation|||||
|(Individuals)|11||7,993|7,402|
|(Institutions)|5||16,150|13688|
||63|57|K59472|K48 415|





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|3.|GOVERNANCE COSTS||||
|---|---|---|---|---|
||||2023|2022|
||Mana<br>ement 4 Administration||||
||Office Costs||17$|185|
||Audit Fees||600|600|
||||f775|f785|
|4.|FIXEDASSETINVESTMENTS||||
||(a).||2023|2022|
||Market value at I"April||1,308,618|1,186,669|
||Purchase||70,000|20,000|
||Net Unrealised<br>(loss) / gains on Investments||50469|101949|
||Market value at31"March||K1,328,149|KI,308,618|
||(b).Freehold Land &Buildings||f182,688|f182,688|
|5.|INVESTMENT PORTFOLIO|(at Market Value)|||
||||2023|2022|
||Permanent<br>Endowment:||||
||COIF Charities Investment|Fund Income Units|975,508|1,015,115|
||General Fund:||||
||COIF Charities Investment|Fund Income Units|352,641|293,503|
||Total Investments||81328,149|61308618|





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|6.|DEBTORS||||
|---|---|---|---|---|
||||2023|2022|
||Rent deposit fund||600|600|
||||f609|E600|
|7.|CREDITORS||||
||||2023|2022|
||Audit fees||600|600|
||Rent deposit received||600|600|
||Property<br>Management|Fee Accrued|60||
||||K1,260|K1,200|