## 

## 

## 

## 



## 

## 

## 



|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restncted|Total|Total|
|||||||funds|fund|funds|funds|
||||||Notes|||||
|INCOME AND ENDOWMENTS||||FROM||||||
|Donations<br>and legacies||||||55,755||55,755|17,820|
|Investment<br>income||||||97,161|2,039|99,200|105,775|
|Total||||||152976|2,039|154,955|123,595|
|EXPENDITURE|ON|||||||||
|Raising funds||||||18,774|272|19,046|17,676|
|Charitable<br>activities||||||||||
|Grants payable||||||139,107||139,107|86,785|
|Total||||||157,881|272|158,153|104,461|
|Net gains/(losses)|on|investments||||~375 845)|~24 666)|~400,574)|536,822|
|NET INCOME/(EXPENDITURE)||||||(380,810)|(22,899)|(403,709)|555,956|
|RECONCILIATION|||OF FUNDS|||||||
|Total funds brought||fonvard||||3,476,886|79,785|3,556,671|3,000,715|
|TOTAL FUNDS|CARRIED FORWARD|||||3,096,076|56,886|3,152,962|3,556,671|





## 

## 

## 

|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|fund|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Investments|12|3,073,566|56,886|3,130,452|3,560, 132|
|CURRENT ASSETS||||||
|Debtors|13|25,904||25,904|7,199|
|Cash at bank and in hand||17,107||17,107|6,694|
|||43,011||43,011|13,893|
|CREDITORS||||||
|Amounts<br>falling due within one year|14|(20,501)||(20,501)|(17,354)|
|NET CURRENT ASSETS||22,510||22,610|~3,461i|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||3,096,076|56,886|3,152,962|3,556,671|
|NET ASSETS||3,096,076|56,886|3,152,962|3,556,671|
|FUNDS|15|||||
|Unrestricted<br>funds||||3,096,076|3,476,886|
|Restricted<br>funds||||56,886|79,785|
|TOTAL FUNDS||||3,152,962|3,556,671|





## 

## 

## 

## 

## 

## 



|2.|DONATIONS<br>AND LEGACIES|DONATIONS<br>AND LEGACIES|DONATIONS<br>AND LEGACIES||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||Donations|and gifts|||55,755|17,820|
|3.|INVESTMENT INCOME||||||
||||||2022|2021|
||Dividends|and interest|||99,200|105,775|
|4.|RAISING|FUNDS|||||
||Investment|management|costs||||
||||||2022|2021|
||Portfolio management||||19,046|17,676|
|5.|CHARITABLE ACTIVITIES COSTS||||||
|||||Direct|Support||
|||||Costs (see|costs (see||
|||||note 6)|note 7)|Totals|
||Grants payable|||00 396|58,511|139,107|
|6.|DIRECT|COSTS OF CHARITABLE ACTIVITIES|||||
||||||2022|2021|
||Charitable|awards|||56,999|38,982|
||Assistance|to members|||1,125|3,410|
||Subsidised|event costs|||12,202|2,018|
||General<br>and church grants||||2,500|1,475|
||Beloe Fellowship||||5,000|7,500|
||Mi1itary awards||||2,770|1,300|
||||||80,596|54,685|





## 

|7.|SUPPORT|COSTS|||||||
|---|---|---|---|---|---|---|---|---|
||||||||Governance||
|||||||Management|costs|Totals|
||Grants payable|||||54,711|3,800|58,511|
||Support costs, included||in|the above, are as follows:|||||
||||||||2022|2021|
||||||||Grants|Total|
||||||||payable|activities|
||Wages<br>Office costs||||||50,928<br>3,783|26,145<br>2,475|
||Independent|examination||fee|||1,159|3,480|
||||||||58,511|32,100|
|8.|NET INCOME/(EXPENDITURE)||||||||
||Net income/(expenditure)|||is stated after charging/(crediting):|||||
||||||||2022|2021|
||Independent|examination||fee|||3,800|3,480|
|9.|TRUSTEES' REMUNERATION||||AND BENEFITS||||



## 

|STAFF COSTS||||||
|---|---|---|---|---|---|
|||||2022|2021|
|Wages and salaries||||50,928|26,145|
|||||50,928|26,145|
|The average monthly|number ofemployees|during|the year was as follows:|||
|||||2022|2021|
|||||2|I|





## 

|TANGIBLE FIXEDASSETS||
|---|---|
||Fixtures|
||and|
||fittings|
|COST||
|At 1stOctober 2021 and||
|30th September 2022|2,407|
|DEPRECIATION||
|At 1stOctober 2021 and||
|30th September 2022|2,407|
|NET BOOK VALUE||
|At 30th September 2022||
|At 30th September 2021||



## 

|FIXEDASSET INVESTMENTS||||
|---|---|---|---|
|||Cash and||
||Listed|settlements||
||investments|pending|Totals|
|MARKET VALUE||||
|At 1stOctober 2021|3,315,162|244,970|3,560,132|
|Additions|460,021|453,528|913,549|
|Disposals<br>Revaluations|(407,501)<br>~347,337)|(588,391)|(995,892)<br>~347,337)|
|At 30th September 2022|3 020 345|110107|3,130452|
|NET BOOK VALUE||||
|At 30th September 2022|3,020,345|110,107|3,130,452|
|At 30th September 2021|3,315,162|244,970|3,560,132|



||||2022|2021|
|---|---|---|---|---|
|JP Morgan|Fund||190,369|172,157|
|Mercantile|Investment|Plc||167,580|





## 

|13.|DEBTORS:|A|MOUN|TS|FALL|ING DUE WITHIN ONE Y|EAR|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
||Trade debtors||||||||7,199|
||Amounts<br>owed||by group||undertakings|||25,904||
|||||||||25,904|7,199|
|14.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE||||||YEAR|||
|||||||||2022|2021|
||Other creditors|||||||16,859|16,859|
||Accruals<br>and deferred|||income||||3,642|495|
|||||||||20,501|17,354|
|15.|MOVEMENT||IN FUNDS|||||||
|||||||||Net||
||||||||At|movement|At|
||||||||1.10.21|in funds|30.9.22|
||Unrestricted|funds||||||||
||General<br>fund||||||3,476,886|(380,810)|3,096,076|
||Restricted<br>funds|||||||||
||Cohen fund||||||79,785|(22,899)|56,886|
||TOTAL FUNDS||||||3,556,671|~403,709)|3,152,962|
||Net movement||in funds,||included|in the above are as follows:||||
|||||||Incoming|Resources|Gains and|Movement|
|||||||resources|expended|losses|in funds|
||Unrestricted|funds||||||||
||General<br>fund|||||152,916|(157,88I)|(375,845)|(380,810)|
||Restricted<br>funds|||||||||
||Cohen fund|||||2,039|(272)|(24,666)|(22,899)|
||TOTAL FUNDS|||||154,955|~)58,153)|~400,5)))|~403,709)|





## 

|Comparatives|for movement<br>in funds||||
|---|---|---|---|---|
||||Net||
|||At|movement|At|
|||1.10.20|in funds|30.9.21|
|Unrestricted|funds||||
|General<br>fund||2,924,507|552,379|3,476,886|
|Restricted funds|||||
|Cohen fund||76,208|3,577|79,785|
|TOTAL FUNDS||3,000,715|555,956|3,556,671|



||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted|funds||||||
|General<br>fund|||119,548|(103,909)|536,740|552,379|
|Restricted funds|||||||
|Cohen fund|||4,047|(552)|82|3,577|
|TOTAL FUNDS|||123 396|(104,4613|536,822|555,956|
|A current year|12 months|and prior year 12 months|combined|position<br>is as follows:|||
||||||Net||
|||||At|movement|At|
|||||1.10.20|in funds|30.9.22|
|Unrestricted|funds||||||
|General<br>fund||||2,924,507|171.569|3,096,076|
|Restricted<br>funds|||||||
|Cohen fund||||76,208|(19,322)|56,886|
|TOTAL FUNDS||||3,000,715|152,247|3,152,962|





## 

## 

|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General<br>fund||272,464|(261,790)|160,895|171,569|
|Restricted|funds|||||
|Cohen fund||6,086|(824)|(24,584)|(19,322)|
|TOTAL FUNDS||278,550|(262,614)|136,311|152,247|



## 



## 

|||2022|2021|
|---|---|---|---|
|INCOME AND ENDOWMENTS||||
|Donations<br>and legacies||||
|Donations<br>and gifts||55,755|17,820|
|Investment<br>income||||
|Dividends<br>and interest||99,200|105,775|
|Total incoming<br>resources||154,955|123,595|
|EXPENDITURE||||
|Investment<br>management|costs|||
|Portfolio management||19,046|17,676|
|Charitable<br>activities||||
|Scholarships||56,999|38,982|
|Assistance to Liverymen||1,125|3,410|
|Dining<br>scholars||2,202|2,018|
|General<br>and church grants||2,500|1,475|
|Beloe Fellowship||5,000|7,500|
|Service awards<br>and dinners||12,770|1,300|
|||80,596|54,685|
|Support costs||||
|Management||||
|Wages||50,928|26,145|
|Office costs||3,783|2 475|
|||54,711|28,620|
|Governance<br>costs||||
|Independent<br>examination|fee|3,800|3,480|
|Total resources expended||158,153|104,461|
|Net (expenditure)/income|before gains and losses|(3,198)|19,134|
|Realised recognised<br>gains|and losses|||
|Realised gains/(losses)<br>on|fixed asset investments|~53,)73)||
|Net (expenditure)/income||~55,371)|19,134|