2022-12-31-accounts

			Page
Significant	information
Trustees'	report		2-4
Statement	ofTrustees'	responsibilities
Independent auditors'		report	6-8
Statement	of financial	activities
Balance sheet			10
Cash flow statement
Notes to	the accounts		12 —18

					General Endowment	General Endowment	Total	Total
				Notes	funds f	funds f.	2022 f	2021 f
Inc me nd ndo m ts Investment Income					88,223		88223	76794
Total income					88,223		88223	76794
~E* dlt
Costs of raising funds Investment management costs						28,113	28,113	29,632
Expenditure on charitable activities Grants to individuals & administration Donations			costs		178,967 6,000		178,967 6,000	117,780 5,985
Cost of grant making					184,967		184,967	123,765
Total expenditure					184,967	28,113	213,080	153,397
Net Income / (expenditure) Investments	before		gains	/ (losses) on	(96,744)	(28,113)	(124,857)	(76,603)
Net gains/(losses) on investment		assets				(282,451)	(282,451)	391,613
Net movement In funds					(96,744)	(310,564)	(407,308)	315,010
Transfer between funds					120,000	(120,000)
Fund balances at 1 January	2022				7,997	4,280,601	4,288,598	3,973,588
Fund balances at 31 December		2022			31,253	3,850,037	3,881,290	4,288,598

				2022		2021
			Notes	8		5
Fixed assets
investments					3,840,865		4,272,205
Current assets
Debtors				3,159		1,106
Cash at bank	and in	hand		48,355		26,216
				51,514		27,322
Creditors: amounts		falling due within
one year			10	(11,089)		(10,929)
Net current	assets				40,425		16,393
Total assets	less current liabilities				3,881,290		4,288,598
The funds ofthe charity
Endowment	funds				3,850,037		4,280,601
Income funds
General funds					31,253		7,997
					3,881,290		4,288,598

		2022	2021
			F
Reconciliation of net movement in funds to
net cash flow from operating activities
Net movement in funds Deduct investment income Deduct gains/add losses on investments (Increase)/decrease in debtors Increase/(decrease) in creditors		(407,308) (88,223) 282,451 (2,053) 160		315,010 (76,794) (391,613) 2,812 992
Net cash used in operating activities		(214,973)		(149,593)
Cash flows from investing activities
Dividends and interest	88,223		76,794
Proceeds from investment sales, net of purchases and cash retained in porffolio	148,889	237,112	28,640	105,434
Changes in cash and cash equivalents in the year		22,139		(44,159)
Cash and cash equivalents brought forward		26,216		70,375
Cash and cash equivalents carried forward		48,355		26,216

Expenditure
				2022	2021
				6	f
Costs of raising funds Investment management		costs		28,113	29,632
Expenditure on charitable Beneficiary payments Support costs (note 5)			activities	139,470 39,497	80,100 37,680
Total				178,967	117,780
Donations				6,000	5,985
				184,967	123,765
				213,080	153,397

Donations
				2022 6	2021f
Kids Yorkshire 8 The Humber				750	665
Alcohol and drugs Hull Women's Aid	service			750	665 665
Living Paintings Hull YFC					665 665
Sight Support Hull CatZero	8 East Riding			750 750	665 665
Artlink Centre for	Community	Arts		750
Hull 4 Heroes				750
NGVFA National	Gulf Veterans		and Families Association	750
Teenage Cancer Trust Open Doors Hardship				750	665 665
				6 000	5 985

5	Support costs	Support costs		2022 f	2021f
	Pensions re Management Governance	former employees and administration costs	fees	8,153 27,517 3,827	7,991 26,000 3,689
				39,497	37,680

8	Fixed asset Investments	Fixed asset Investments
			Fixed	UK	Overseas
			Interest	Equities	Equities	Cash	Total
			5	F	6	5
	Market value at 1 January 2022		1,103,290	1,388,708	1,701,356	78,851	4,272,205
	Disposal at opening book value		(325,286)	(248,600)	(128,690)		(702,576)
	Acquisition at cost		478,024	32,698	3,666		514,388
	Change in value	in the year	(73,025)	(32,373)	(134,807)	(2,947)	(243,152)
	Market value at	31 December 2022	1,183,003	1,140,433	1,441,625	75,904	3,840,865
	The investment assets are held:
	In the UK		1,000,267	1,140,433	146,738	75,904	2,363,342
	Outside the UK		182,736		1,294,787		1,477,523
			1,183,003	1,140,433	1,441,525	75,904	3,840,865
	Historical cost:
	At 31 December	2022	1 238,253	670,329	865,487	75,904	2,849,973
	At 31 December	2021	1,081,287	730,444	891,079	78,851	2,781,661
	Endowment funds;		1,183,003	1,140,433	1,441,525	75,904	3,840,865
	General funds
			1,183,003	1,140,433	1,441,525	75,904	3,840,865

9	Debtors								2022f	2021 f
	Other debtors								2,798	745
	Prepayments and accrued			income					361	361
									3,159	1,106
10	Creditors: amounts		falling due		within	ons year			2022f	2021 f
	Accruals								11,089	10,929
11	Analysis of net assets between				funds			General funds	Endowment	Total
									funds
									f
	Fund balances	at 31 December 2022 are represented					by;
	Investments								3,840,865	3,840,865
	Current assets							35,428	16,086	51,514
	Creditors: amounts		falling	due within one year				(4,175)	(6,914)	(11,089)
								31,253	3,850,037	3,881,290
	Unrealised losses included above:
	On investments								(240,205)	(240,205)
									(240,205)	(240,205)
	Reconciliation	oflosses on investment				assets:
	On disposals	in the	year						(42,246)	(42,246)
	On ths revaluation		of investmsnts		held	at ths year end			(240,205)	(240,205)
	Total losses for the		year						(282,451)	(282,451)

12	Reconciliation of net cash flow to movement	In net funds	2022 6	2021f
	Increase/(decrease) in cash Net funds at 1 January 2022		22,139 26,216	(44,159) 70,375
	Net funds at 31 December 2022		48,355	26,216