This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2024-03-31-accounts
|
Note |
General |
General |
|
|
Funds |
Funds |
|
|
2024 |
2023 |
|
|
£ |
£ |
| INCOMEANDENDOWMENTSFROM: |
|
|
|
| Donations |
|
100,000 |
136,364 |
| Investments |
w |
872,148 |
892,152 |
| Otherincomingresources-exchangeprofit/(loss) |
|
(847) |
3,641 |
| Total |
|
971,301 |
1,032,157 |
| EXPENDITUREON: |
|
|
|
| Raisingfunds—investmentmanagementfees |
|
30,851 |
27,996 |
| Unrecoveredoverseastaxation |
|
68,174 |
53,747 |
| Charitableactivities: |
|
|
|
| Grantsauthorised |
4 |
648,900 |
629,100 |
| Auditors’remuneration |
|
7,230 |
3,900 |
| Bankcharges |
|
275 |
270 |
| Total |
|
755,430 |
715,013 |
| NET(LOSS)/INCOMEFORTHEYEAR |
|
215,871 |
317,144 |
| OTHERRECOGNISEDGAINSANDLOSSES |
|
|
|
| Gains/(Losses)oninvestments |
|
2,781,130 |
(583,187) |
| NETMOVEMENTINFUNDS |
9 |
2,997,001 |
(266,043) |
| TOTALFUNDSBROUGHTFORWARD |
|
|
|
| 1April |
|
21,882,740 |
22,148,783 |
| TOTALFUNDSCARRIEDFORWARD |
9 |
24,879,741 |
21,882,740 |
| 31March |
|
|
|
|
Note |
|
2024 |
|
| FIXEDASSETS |
|
|
|
|
| Investments: |
|
|
|
|
| Listed |
|
|
23,435,131 |
20,541,634 |
| Unlisted |
|
|
|
|
|
|
|
23,435,131 |
20,541,634 |
| CURRENTASSETS: |
|
|
|
|
| Short-termdeposits |
|
|
|
|
| Cashatbank |
|
1,446,263 |
|
1,457,631 |
| Cashwithbrokersandagents |
|
175,768 |
|
77,065 |
| Debtors |
|
22,717 |
|
278 |
|
|
1,644,748 |
|
1,534,974 |
| CURRENTLIABILITIES: |
|
|
|
|
| Accruals |
|
5,730 |
|
3,960 |
| Grantspayable |
|
194,408 |
|
189,908 |
|
|
200,138 |
|
193,868 |
| NETCURRENTASSETS |
|
|
1,444,610 |
1,341,106 |
| TOTALASSETSLESSCURRENTLIABILITIES |
|
|
24,879,741 |
21,882,740 |
| REPRESENTEDBY: |
|
|
|
|
| GeneralFunds |
|
|
|
|
| Unrestricted |
|
|
24,879,741 |
21,882,740 |
|
|
|
24,879,741 |
21,882,740 |
|
2024 |
2023 |
|
£ |
£ |
| Cashflowfromoperatingactivities |
|
|
| Netmovementinfunds |
2,997,001 |
(266,043) |
| Interestreceived |
(62,554) |
(9,624) |
| Dividendsreceived |
(809,594) |
(882,528) |
| Decrease/(increase)indebtors |
(22,717) |
- |
| (Decrease)/increaseinaccruals&creditors |
6,270 |
69,520 |
| (Gains)/lossesoninvestments |
(2,781,130) |
583,187 |
| Netcashflowfromoperatingactivities |
(672,724) |
(505,488) |
| Cashflowfrominvestingactivities |
|
|
| Paymentstoacquireinvestments |
(1,649,300) |
(2,022,754) |
| Receiptsfromsalesofinvestments |
1,536,933 |
1,836,727 |
| Interestreceived |
62,554 |
9,624 |
| Dividendsreceived |
809,594 |
882,528 |
| Netcash flowfrominvestingactivities |
759,781 |
706,125 |
| Netincrease/(decrease)incashandcashequivalents |
87,057 |
200,637 |
Cashandcashequivalentsat
1April |
1,534,974 |
1,334,337 |
| Cashandcashequivalentsat31March |
1,622,031 |
1,534,974 |
|
|
2024 |
2023 |
|
|
£ |
£ |
| Listed |
investmentincome |
809,594 |
882,528 |
| Bank |
interest |
62,554 |
9,624 |
|
|
872,148 |
892,152 |
|
2024 |
2023 |
|
£ |
£ |
| ResolvedbytheTrusteestobeallocatedduring |
|
|
| theyearended31March |
648,900 |
629,100 |
| 6. |
INVESTMENTS |
INVESTMENTS |
|
|
|
|
|
|
|
|
Listed |
Unlisted |
Total |
|
|
|
|
£ |
£ |
£ |
| 1April2023 |
|
|
|
20,541,634 |
- |
20,541,634 |
| Additions |
|
|
|
1,649,300 |
- |
1,649,300 |
| Disposals |
|
|
|
(1,181,117) |
- |
(1,181,117) |
| Netunrealisedgains |
|
|
|
2,425,314 |
- |
2,425,314 |
| Investmentslisting |
|
inthe |
year |
- |
- |
- |
| 31March |
2024-market |
|
value |
23,435,131 |
- |
23,435,131 |
| Costat31March |
|
- |
2024 |
16,751,083 |
- |
16,751,083 |
|
|
- |
2023 |
16,282,901 |
- |
16,282,901 |
7.
DEBTORS |
|
|
|
2024 |
2023 |
|
£ |
£ |
| Duewithinoneyear: |
|
|
| Miscellaneousdebtors |
22717 |
278 |
|
31March |
31March |
|
2024 |
2023 |
|
Total |
Total |
|
£ |
£ |
| FinancialAssets |
|
|
| Measuredatfairvaluethroughnetincome: |
|
|
| Listedandunlistedinvestments |
23,435,131 |
20,541,634 |
| Measuredatamortisedcost: |
|
|
| Cash |
1,622,031 |
1,534,696 |
| Debtors |
22,717 |
278 |
|
25,079,879 |
22,076,608 |
| FinancialLiabilities |
|
|
| Measuredatamortisedcost: |
|
|
| Creditors |
200,138 |
193,868 |
9,
MOVEMENTINFUNDS |
|
|
| Unrestrictedfunds |
|
2024 |
|
|
£ |
At
|
April2023
Incomingresources
Resourcesexpended
Otherrecognisedgainsandlosses |
|
| At31March2024 |
|
24,879,741 |
10.
ANALYSISOFNETASSETSBETWEENFUNDS |
|
|
Unrestricted |
|
Funds
£ |
| Fixedassetinvestments |
23,435,131 |
| Currentassets |
1,644,748 |
| Currentliabilities |
(200,138) |
| At31March2024 |
24,879,741 |