2023-08-31-accounts

		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	13
Report ofthe Independent Auditors	14	to	16
Statement of Financial Activities		17
Balance Sheet	18	to	19
Notes to the Financial Statements	20	to	25
Detailed Statement of Financial Activities	26	Io	27

						31.8.23	31.8.22
				Unrestricted	Endowment	Total	Total
				fund	fund	funds	funds
			Notes	E	5
INCONIE AND ENDOWMENTS		FROM
Investment income			2	277,552		277,552	266,967
EXPENDITURE ON
Raising funds			3	42,706		42,706	46,377
Charitable activities			4
Grants and scholarships				217,301		217,301	218,276
Leadership project				18,017		18,017	1,158
Mento ring				45,040		45,040	25,200
Observatory				75,807		75,807	9,532
Other				76482		78.482	62251
Total				475,353		4'1~ 353	362794
Net gains/(losses)	on investments				~227,518	221,518	801,377
NET INCOME/(EXPENDITURE) Transfers between funds			12	(197,801) 191393	(221,518) ~191,3937	(419,319)	(897,204)
Net movement In	funds			(6,408)	(412,911)	(419,319)	(897,204)
RECONCILIATION	OF FUNDS
Total funds brought	forward			6,408	8,701,660	8,708,068	9,605,272
TOTAL FUNDS CARRIED FORWARD					8288 749	8 288 749	8.768668

2.	INVESTME	NT INCOME
					31.8.23	31.8.22
					6
	Investment	income - dividends			272,465	266,465
	Deposit account interest				5,087	502
					277,552	~286967
3.	RAISING FUNDS
	Investment	management	costs
					31.8.23	31.8.22
					6	6
	Portfolio management				42,706	46,377
4.	CHARITABLE ACTIVITIES COSTS
					Grant
					funding of
					activities
				Direct	(see note
				Costs	5)	Totals
				F
	Grants and	scholarships			217,301	217,301
	Leadership	project			18,017	18,017
	Mentoring			45,040		45,040
	Observatory			75807		75807
				~I20 847	235318	356,165
5.	GRANTS PAYABLE
					31.8.23	31.8.22
						6
	Grants and	scholarships			217,301	218,276
	Leadership	project			18,017	1,158
					235318	219434
6.	SUPPORT	COSTS
					Governance
				Management	costs	Totals
				5	6	6
	Other resources expended			60,344	16,138	76,482

Support costs, included	in	the above, are as follows:
			31.8.23	31.8.22
			Other
			resources	Total
			expended	activities
			6	5
Travel expenses			1,240	35
ITand website costs			6,261	6,161
Executive officer			38,364	24,704
Marketing			800	2,345
Office expenses			358
Monitoring costs			5,705	6,505
Project co-ordinator			3,616	3,248
Deputy executive officer			4,000
Trustees' expenses			2,494	62
Auditors' remuneration			3,600	3,120
Auditors' remuneration	for	non audit
work			1,200	1,200
Insurance			639	622
Bank charges			748
Sundry expenses			114
Administrative assistance			5,396	5,889
Conference costs				2,486
Trustee training			1,347
Trustee recruitment			600	5,874
			76,482	62,251
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting):
			31.8.23 5	31.8.22 f
Auditors' remuneration			3,600	3,120
Auditors' remuneration	for	non audit work	1,200	1,200

FIXEDASSET INVESTMENTS
	Listed
	investments
	6
MARKET VALUE
At 1 September 2022	8,574,427
Additions	2,182,759
Disposals	(2,405,632)
Revaluations	16,367
At 31 August 2023	8 387,921
NET BOOK VALUE
At 31August 2023	8.387,921
At 31August 2022	8874 427

10.	DEBTO	RS:	AMOUNTS	FALLING DUE	WITHIN ONE Y	EAR
								31.8.23 f	31.8.22
	Accrued	interest and dividends						33,472	30,942
11.	CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE		YEAR
								31.8.23 f	31.8.22 8
	Grants	payable - other recipients						435,477	318,750
	Accrued	expenses						4,560	4 320
								440,037	323,070
12.	MOVEMENT		IN FUNDS
							Net	Transfers
						movement		between	At
					At 1.9.22	in	funds	funds	31.8.23
							8	8	F
	Unrestricted		funds
	General	fund			6,408	(197,801)		191,393
	Endowment		funds
	Expendable		Endowment	Fund	8,701,660	(221,518)		(191,393)	8,288,749

Net movemen	t	in funds,	inc	lud	ed in t	he above	are as follow	s:
							Incoming	Resources	Gains and	Movement
							resources	expended	losses	in funds
							6	6		6
Unrestricted		funds
General fund							277,552	(475,353)		(197,801)
Endowment		funds
Expendable	Endowment		Fund						(221,518)	(221,518)
TOTAL FUNDS							277,552	(475,353)	~221 518)	~419319
Comparatlves		for movement			In funds
								Net	Transfers
								movement	between	At
							At 1.9.21	in funds	funds	31.8.22
								E	6	E
Unrestricted		funds
General fund							45,857	(95,827)	56,378	6,408
Endowment		funds
Expendable	Endowment		Fund			9,559,415		(801,377)	(56,378)	8,701,660
TOTAL FUNDS
Comparative		net movement		in	funds,	included	in the above	are as follows:
							Incoming	Resources	Gains and	Movement
							resources f	expended	losses 5	in funds
Unrestricted		funds
General fund							266,967	(362,794)		(95,827)
Endowment		funds
Expendable	Endowment		Fund						(801,377)	(801,377)
TOTAL FUNDS							~266967	~362794)	~801 377	~897204)

A current ye	ar 12 months	and prior y	ear 12months combi	ned position is	as follows:
				Net	Transfers
				movement	between	At
			At 1.9.21	in funds	funds	31.8.23
			6	6	6
Unrestricted	funds
General fund			45,857	(293,628)	247,771
Endowment	funds
Expendable	Endowment	Fund	9,559,415	(1,022,895)	(247,771)	8,288,749

above are as	follows:	y			,	ncue in t
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
				6	6	6
Unrestricted	funds
General fund			544,519	(838,147)		(293,628)
Endowmentfunds
Expendable	Endowment	Fund			(1,022,895)	(1,022,895)
TOTAL FUNDS			~544519	~838,147	(1~022895)	(1,316,523)