## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Expendable|General|Total|Total| |---|---|---|---|---|---|---|---| ||||Notes|endowment|unrestricted|2023|2022| ||||||2|2|| |Income
Investment
income
Transfer|||2|~!8|186,308
182,487|186,308|174,657| |Total Income||||182,487|368,795|186,308|174,657| |Expenditure|||||||| |Costs ofraising funds|||||||| |Investment
management|costs||||||| |Expenditure
on chantab/e|activities||||||| |Grant making|||||||| |Grants committed|||5/18||(255,948)|(255,948)|(376,880)| |Grani related support/governance||coals|5||||| |Total expenditure|||||||| |Net (expenditure)/income|before||||||| |gains/(losses)
on Investments||||(227,884)|.68,947|(158,937)|(289,763)| |Net gains/(losses)
on investments|||||||| |Net movement
in funds||||(729,768)|68,078|(661,690)|386,056| |Reconciliation
o/funds|||||||| |Total funds brought
forward||||11,275,634|64,517|11,340,151|10,954,095| ## ## ## |||||||Expendable|General|Total|Total| |---|---|---|---|---|---|---|---|---|---| ||||||Notes|endowment|unrestricted|2023|2022| |||||||6|2|6|6| |Fixed assets|||||||||| |Investments|||||12|10,556,969|3,715|10,560,704|11,301,092| |Current assets|||||||||| |Debtors|||||13||6,795|6,795|2;682| |Cash|||||14||253344|253,344|201,042| ||||||||260,139|260,139|301,724| |0 dlt:|0|1 lll 0 0|S0i|7|10|~tt.t23|115,
3|127,086|212,690| |Net current|(liabilities)/assets|||||~tt
123|44|133,053|89,034| |Creditors:
more than|Amounts
falling due
one year||after||16||15200|15290|~49970| |Total net assets/(llab6ltles)||||||10,545,866|132,595|10,678,461|11,340,151| |Total charity funds|||||17|10,545,806|132. 9|10.6 0.401|11.340,151| ## ## ## ## ## ## ## |5|Grants committed
The value ofgrants to institutions|committed|in the year, including|2023
f|2022| |---|---|---|---|---|---| ||cancelled grants, comprises:||||| ||Grants Committed|||261,448|381,880| ||Returned/withdmwn:
2grants.(2021:1)|||~5,000|~0.000| ||Details ofthe recipients are shown|in note 18.||255,948|376,880| ||Support costs (note 6)|||33,749|29,194| ||Governance
costs (note 6)|||10137|11,473| |||||43,886|40,667| |||||299,834|417,547| ||||2023|2022|| ||||f||| ||Reconciliation ofgrants payable:
Commitments
at beginning
ofyear
Commitments
made
in the year
Grants cancelled
in the year||237,844
261,448
~5.50D|381,880
~5.000|85,673| ||Grants committed
in the year
Grants paid during the year||255,948
~373.300||376,880
~24.700| ||Net Commitments
at 31March||120,484||237,844| ||Commitments
at 31 March||||| ||are payable as follows:
Within one year (note 15)
After more than one year (note 16)||105,188
15,296||187,869
49,975| ||||120404||237,844| ## ## ## |Cost Type||Total|Support|||Basis of| |---|---|---|---|---|---|---| |||Allocated|Costs|Governance||Appontonment| |||8||||| |Staffcosts||30.199|25,669|4,530||Shff time| |Office rental|and costs|.7.341|6,607||734|Staff time| |Sundry costs|||I 473||260|Usage| |||39,273|33,749|5,524||| |Governance|costs|||||| ||||2023|2022||| ||||8|||| |Staffcosts|||4,530|4.191||| |ONce rental|and costs||734||519|| |Publications|&subscripfions|||1,101||| |Auditors'
remuneration|||4,200|4.857||| |Trustees' meetings|||157||200|| |Trustee travel expenses|||58|||| |Staff training|||198||550|| |Sundry costs|||260||55|| ## |
Activities
is shown
in the table below|:|||| |---|---|---|---|---| |Cost Type|Total|Support||Basis of| ||Allocated
f|Costs
f|Governance|Apportionment| |Staff costs|27,938|23,747|4,191|Staff time| |Oflice rental and costs|5,189|4,670|519|Staff time| |Professional fees|282|282||Usage| |Sundry expenses|550|495|55|Usage| ||33,|||| ## ## ## ||During the year a grant off15,000was awarded to Bendrigg Trust, a charit
SRayner is a Trustee.|During the year a grant off15,000was awarded to Bendrigg Trust, a charit
SRayner is a Trustee.|During the year a grant off15,000was awarded to Bendrigg Trust, a charit
SRayner is a Trustee.|During the year a grant off15,000was awarded to Bendrigg Trust, a charit
SRayner is a Trustee.|y
in which a|y
in which a|close family m|ember of| |---|---|---|---|---|---|---|---|---| |11|Comparatives
for Statement ofFinancial Activities and Balance Sheet||||figures|||| ||Statement of Financial|Activities||||||| |||||Expendable|Resaicted||General|Total| |||||endowment
f.|Fund
f||unrestricted|2022f| ||Income|||||||| ||Investment
income||||||174,657|174,657| ||Transfer|||139,528|||139528|| ||Total Income|||139,528|||314143|| ||Expenditure|||||||| ||Costs ofraising funds
Investment
management|costs||46,834|||3|~43.| ||Exp'enditure
on charitable|activities||||||| ||Grant making|||||||| ||Grants committed||||(45,000)||(331,880)|(376,880)| ||Grant related support/governance||costs||||,3|| ||Total expenditure|||||*||| ||Net expenditure
before|losses on|investments|(186,362)|(45,000)||(58,401)|(289,763)| ||Net gains on investments|||675,253|||566|675,819| ||Net movement
in funds|||488,891|(45,000)||(57,835)|386,056| ||Reconciliation offunds|||||||| ||Total funds brought forward|||10,786,743|45,000||122,352|10,954,095| ||Total funds carried forward|||11,275,634||||| ## ## |11|Comparatlves
for Statement ofFinancial|Comparatlves
for Statement ofFinancial|Comparatlves
for Statement ofFinancial|Comparatlves
for Statement ofFinancial|Comparatlves
for Statement ofFinancial|Comparatlves
for Statement ofFinancial|Comparatlves
for Statement ofFinancial|Activities|Activities|Activities|and Balance Sheet figures (continued)|and Balance Sheet figures (continued)|and Balance Sheet figures (continued)|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||Balance Sheet|||||||||||||| |||||||||||Expendable||Restricted|General|Total| |||||||||||endowment||Fund|unrestricted|2022| |||||||||||||f|f|f| ||Fixed assets|||||||||||||| ||Investments||||||||||11,287,049||14,043|11,301,092| ||Current assets|||||||||||||| ||Debtors||||||||||||2,682|2,682| ||Cash|||||||||||45,000|254,042|299,042| |||||||||||||45,000|256,724|301,724| ||0 811:9||1|lll 0 6|A|Dl||7||~14,415 ~45,000|||156,275|212,690| ||Net current (liabilities)/assets||||||||||11,415||100,449|89034| ||Creditors:
Amounts||falling due||after|||||||||| ||more than one|year|||||||||||49,975|49,975| ||Total net assets/(liabilities)||||||||||11,275,634||64,517|11,340,151| ||Total charity funds||||||||||11,275,634||84. 17|11.3401 1| |12|Investments|||||||||||||| ||||||||||||||2023|2022f| ||Market value at|beginning
ofyear|||||||||||11,200,725|10,747,538| ||Aoquisitions
at cost||||||||||||2,782,488|2,281,927| ||Disposal proossds||||||||||||(3,088,856)|(2,504,559)| ||Net profit/(loss)
on revaluation|||||||||||||675,819| ||Blarket value at|end|ofyear||||||||||10,391,604|11,200,725| ||Uninvested
cash|and|seidements||pending||||||||169,100|100,367| ||||||||||||||1D56D 7D4|11,301,092| ||||||||||||||2023f|2022f| ||Expendable
Endowment||||||||||||10,556,989|11,287,049| ||Income Invested|Fund|||||||||||3,715|14,043| ||||||||||||||10,560,704|11,301,092| ||As agreed by Trustees,|||the investment|||portfolios|||were|combined as at 31 March 2020 and the separate|||| ||valuations
are now accounted for on a||||||percentage|||basis - Endowment||100%:Income Invested
Fund 0%.||| ||(2022: Endowment 99.92%, Income Invested||||||||Fund: 0.08%).|||||| ||The Income Invested||Fund was||fully drawn|||down||at 31March 2023.||||| ||||||||||||||2023|2022| ||UK equities||||||||||||1,350,877|1,468,292| ||International
equities||||||||||||5,610,592|6,170,737| ||Multi asset funds||||||||||||573,403|956,270| ||Bonds||||||||||||1,052,902|604.923| ||Property||||||||||||722,356|852,640| ||Other sltematlves||||||||||||1,084,570|1,041.629| ||Cash instruments||||||||||||166,004|206,601| ||||||||||||||1D56D704|11.301092| ||Historical cost at|end|ofyear|||||||20|||858 0 1|6000.| ## ## ## ## ## ## ## ## |17|Analysis offund movements|Analysis offund movements|||||||| |---|---|---|---|---|---|---|---|---|---| ||||Balance at|Incoming|Resources|Transfers|Loss|an|Balance at| ||||31st Nlarch|resources|expended||Investments||31stMarch| ||||2022f||||||2023
0| ||Expendable
endowment||||||||| ||Held as investments||11,275,634||||||| ||General unrestricted|fund|||||||| ||Designated
funds||||||||| ||Income Invested
fund||||||||| ||Contingency
reserve||||||||| ||||55,710||(14)|18,085||(069)|72,920| ||Free reserves||||||||| ||Income reserves||||||||50.075| ||||Balance at|Incoming|Resources||Gain|on|Balance at| ||||31stMarch|resources|expended||Invesbnents||31stMarch| ||||2021
K|f|K||f||2022
K| ||Expendable
endowment||||||||| ||Held as investments||10,786743||||||| ||Restricted
Fund||45,000||(45,000)||||| ||General unrestdcted
Designated
funds
Income invested
fund
Contingency
reserve|fund|HOHM||||C7'H||| ||||106,045||(39)|(141,654)||566|55,718| ||Free mserves||||||||| ||Income reserves||||||||8,799| |||||||||566|64,517| ||||||||675,819||11,340,151| ## ## |18|Grants||||Commitments|Commitments|Commitments| |---|---|---|---|---|---|---|---| ||||||msds in year|made|in year| ||||||ended|ended|| ||||||31 March 2023|31 March 2022|| ||||||f||f| ||Alllthwalte
Playing
Field Committee||||3,500||| ||Alston Recreafion Ground|Committee|||3,000||| ||Alston Town Hall Charity||||3,000||| ||Ambleside
Friends ofGuilding||||1,120||| ||Appleby
Eddibles||||||3,500| ||Ashy Village Hall||||||3,500| ||Barrow Raiders Community|Foundation|||||3,500| ||BeMe Project||||||17,385| ||Bendrigg Trust||||15,000||| ||South Village Hall||||3,500||| ||Carer Support South Lakes||||||35,932| ||Coniston
and Crske Valley|News|||1,500||| ||Coniston
Institute||||3,500||| ||Crosthwaite
snd Lyth Recreation|||Field Trust|4,500||| ||Cumbria
Alcohol and Drug|Advisory Service|||||35,000| ||Cumbria Deaf Association||||||18,600| ||Cumbria
Family Support||||||11.132| ||Evergreen
Community
Trust||||10,000||| ||Fairosk Housing||||3,500||| ||Feature Youth Club||||2,500||| ||Friends ofSandside Lodge||||||(5.000)| ||Friends ofShop School||||||1,145| ||Friends ofWsrcop School||||7,900||| ||Gateway
Church||||22,505||7.456| ||Grange over Sands Food Share||||3,500||| ||Howgill Village Hall||||||3,500| ||Kent Estuary Youth Project||||||20,000| ||Ksndal Torchlight Precession||||||3,320| ||Kirkby Lonsdale Community|Cupboard|||||15,000| ||Lighthouse
Community
Mental||Health
Hub||45,888||16,200| ||Lower Holker Sowling Club||||2,000||| ||Lower Holker Village Hall||||||3.500| ||Lunssdale
Hall||||3,500||| ||Mshagony
Opera||||7,713||| ||Manna House||||||20,000| ||Music Links||||3,900||3,200| ||Occupation
All||||3,000||| ||Our Place Youth Club||||||4,000| ||Neighbourhood
Project||||3,336||| ||Psnrith and Eden Refugee|Network|||10,000||| ||Penrlth Pumss||||4,000||| ||Promoting
Autonomy
and Change|||Ltd - PAC LTd|10,890||4,510| ||Queen Katherine School Association||||||9,000| ||Ragtag Arts||||8,734|15,000|| ||Reagill Village Hall||||||3,500| ||South Curnbria
Breasffeedlng||Support||7,000||| ||South Cumbria
Musical Festival||||||3,500| ||Space2Create|||||10,000|| ||Springfield||||7,370||| ||Staiton Village Institute||||4,000||| ||Stavelsy Village Association||||3,500||| ## |18|Grants (continued)||||||||| |---|---|---|---|---|---|---|---|---|---| |||||Commisnents|||Commitments||| |||||made|in|year|made|in|yeru| |||||ended|||ended||| |||||31 March||2023|31 March||2022| ||Strlddsndgate
House Trust||||23,166||||| ||The Birchsll Trust|||||||48,000|| ||The Bryce Inselute||||||||3,500| ||The Samaritans
-Lancaster &||Disldkd|||3,500|||3,500| ||Ulverston
Amateur Dperaec Society|||||1,000|||| ||Ulverston Foie Park|Community|Group|||9.426|||| ||Ulverslon
and Dislrlkd Disabled||Club|||1,000|||| ||Warcop Parish Council||||||||3,500| ||Waste into Wellbsing|||||||19,500|| ||Western Dales Bus||||10,000||||| ||Wrndermere
Youth Pnr)ect||||||||4,000| ||Sandgste School Family 8 Fdsnds||||||||3,500| ||Youth Engagement|Service||||(5,500)||11,500|| ||Youth Presence|||||||10,000|| ||1st Kendat Scouts||||||||3,500| ||||||25594|||376880||