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|||Unrestricted|Endowment|Total Funds|Total Funds|
|---|---|---|---|---|---|
||Notes|Fund|Fund|2022|2021|
|Income and endowments||||||
|Investment Income:||||||
|Dividends
- UK &Overseas Equities|3|8,555|22,784|311339|30,463|
|Interest
—
UK& Overseas Fixed Interest|3|3,243|8,858|12,101|11 ,004|
|Interest on cash deposits|3||||10|
|Donations||120||120||
|Total income||11,918|31,642|43,560|41
,477|
|Expenditure||||||
|Cost ofraising funds:||||||
|Investmentmanagement costs||1 ,882|5,012|6,894|7,539|
|Expenditure on charitable activities:||||||
|Conference||3,683||3,683||
|Grants to institutions||105,250||105,250|121 ,500|
|Supportcosts|4|7,155|7,155|14,310|15,572|
|Total expenditure||117,970|12,167|130,137|144,611|
|Net (expenditure)/income||||||
|before investment gains/(losses)||(106,052)|19,475|(86,577)|(103,134)|
|Net (losses)/gains on investments|5|(84,008)|(244,795)|(328,803)|170,382|
|Net income/(expenditure)||(190,060)|(225,320)|(415,380)|67,248|
|Transfers between funds|8|84,887|(84,887)|||
|Net movement in funds||(105,173)|(310,207)|(415,380)|67,248|
|Reconciliation of funds||||||
|Total funds brought forward||510,918|1,375,792|1,886,710||
|Totalfunds carried forward||E405,745||El,471 ,330|El 1886,710|
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||Notes||2022|||2021||
|---|---|---|---|---|---|---|---|
|FIXED ASSETS||||||||
|Investments|5||1,465,884|||||
|CURRENT ASSETS||||||||
|Debtors|6||||718|||
|Cash at bank
—
current account||7,342|||7,510|||
|||7,342|||8,228|||
|LIABILITIES||||||||
|Creditors: amounts falling due within one year|7|1,896|||2,100|||
|NET CURRENT ASSETS||||5,446|||6,128|
|TOTAL ASSETS LESS CURRENT LIABILITIES|||1|,330||1,886,710||
|Provisions for liabilities and charges|9|||||||
|NET ASSETS|10||El|,330||||
|The funds of the Charity||||||||
|Endowment funds
— Permanent||||||1|792|
|Unrestricted income funds||||405,745|||510,918|
|TOTAL CHARITY FUNDS|||El|,471 ,330||||
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|INVES|TMENT INCOME
- COMPARATIVEIN|FORMATION|||
|---|---|---|---|---|
|||Unrestricted|Endowment|Total|
|||Fund|Fund|2021|
|Dividends
- UK and Overseas Equities||8,337|22,126|30,463|
|Interest|- UK And Overseas Fixed Interest|2,949|8,055|11 ,004|
|Interest|on cash deposits|10||10|
|||11 ,296|30,181|41
,477|
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|SUPPORT COSTS|||
|---|---|---|
||2022|2021|
|Secretary's honorarium and expenses|10,355|10,687|
|Office rent|750|1 ,800|
|Room hire and sundry|377|407|
|Websitecosts||500|
|Governance|||
|Trustees' expenses|932|318|
|Auditor's remuneration|1,896|1 ,860|
||14,310|15,572|
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||2022|2021|
|---|---|---|
|Shares in public limited companies|692,230|901 ,648|
|Unit Trusts|365,872|454,745|
|Fixed Interest|388,473|501,023|
|||1,857,416|
|Cash held by QuilterCheviot|19,309|23,166|
||El||
|Historical cost|El, 165,473||
|The investments are held in the UK.|||
|The movement in market value during the year was:|||
|Marketvalue at 1 January 2022||1,813,730|
|Disposals at cost|(152,233)|(120,332)|
|Acquisitions at cost|42,478|60,472|
|Change in value in the year|(301,086)|122,140|
|Increase/(Decrease) in cash awaiting investment|(3,857)|4,572|
|Market value at 31 December2022|El||
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|Amounts|falling due within one year|||
|---|---|---|---|
|||2022|2021|
|Accruals|||240|
|Auditors'|Remuneration|1 ,896|1,860|
|||El ,896|2,100|
|The investment fund and application of total return to|2022|2021|
|---|---|---|
|permanent endowmentfunds:|||
|Unapplied total return|1,175,792|1,125,552|
|Add: Investment return: Dividends and interest|31 ,642|30,181|
|Realised and unrealised gains/(losses)|(244,795)|125,454|
||962,639|1,281,187|
|Less: Investmentmanagement costs|(5,012)|(5,496)|
|Supportcosts|(7,155)|(7,786)|
|Unapplied total return before transfer to income|950,472||
|Less: Unapplied total return applied|(84,887)|(92, 113)|
|Subtotal: Unapplied total return as at 31 December2022|865,585|1,175,792|
|Original value ofgift|200,000|200,000|
|Permanent endowmentincluding unapplied total return as at||El|
|31 December2022|||
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|PROVISIONS FOR LIABI|LITIES AND CHARGES|||
|---|---|---|---|
|||Charitable||
|||Commitments||
|||Accrued||
|||2022|2021|
|Material provisions and|movement in provisions during theyear|||
|Commitments outstanding|at 1 January 2022|||
|New commitments charged to the SOFA in the year
Grants paid in the year||105,250
(105,250)|121,500
(121,500)|
|Amount ofthe commitments at 31 December2022||ENIL|ENIL|
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||Unrestricted|Endowment||
|---|---|---|---|
||Fund|Fund|Total|
|Investments|400,299|||
|Current assets|7,342||7,342|
|Creditors|(1 ,896)||(1 ,896)|
||E405,745||El ,471 ,330|
||Unrestricted|Endowment||
|---|---|---|---|
||Fund|Fund|Total|
|Investments|504,790|1,375,792|1,880,582|
|Current assets|8,228||8,228|
|Creditors|(2, 100)||(2, 100)|
||E510,918|||