2023-03-31-accounts

CONTENTS	CONTENTS			PAGE
Legal and	Administrative		Information
Report of	the	Foundation	Managers	2 —5
Report of	the	Independent	Examiner
Statement	of	Financial Activities
Statement	of	Financial Position
Notes forming		part ofthe	financial statements	9 —12

			2023			2022
		Notes
Incoming Resources
Dividends and interest			112,373		94,072
Bank interest			1,439		795
Donations					2 000
Total Incoming Resources				113,812			96,867
Resources Expended
Direct chantable expend sure		5	75,183		83,430
Support costs		6	28,039		30,594
Total Resources Expended				103,222			114,024
Other recognised Gains and Losses
(Losses)/Profits on investments		7		180,919			259,645
(Outgoing)/Incoming Resources for		the year	(170,329)				242,488
Net movement in Accumulated
Fund
Fund balance brought forward	1 Apnl	2022	2	487 888		2	245 401
Fund balance earned forward	at 31 March 2023		2	317580		2	487 888

Statement of Fina	ncial P	osition as	at 31 March 202	3
		Notes	2023		2022
Fixed Assets
Investments		9	2,100,748		2,276,949
Cash on depost			174640		173508
				2,275,388		2,450,457
Current Assets
Debtors 8 prepayments			15,532		16,066
Cash at bank			39 062		29 645
			54 594		45 711
Creditors amounts	falling
due within one year			12 422		8 279
Net Current Assets				42,172		37,432
Total Assets				2,317,560		2,487,889
Financed by:
Accumulated Fund-
unrestncted funds				2 317 560		2 487 889
				2,317,560		2,487,889

4	DIRECT CHARITABLE	DIRECT CHARITABLE	EXPENDITURE
				2023	2022
	Access Sport CIO				3,000
	ACTA Community Theatre			2,000
	ARA				3,000
	Birch Collective			1,500
	Bridge Foundation			2,000	3,000
	Bristol & Weston Hospitals		Charity		1,200
	Bristol Music Trust				2,000
	Caring in Bristol Ltd				5,000
	Catherine Grace Trust				1,250
	Circus Starr Show			2,160	1,464
	Douglas Bader Foundation			1,000
	DigiLocal CIO			1,500
	Dream Holidays			1,000
	Dyslexia Portishead			1,848	1,607
	Elm Tree Farm Wellbeing		Centre		840
	Evergreen Equestrian Centre				1,500
	Evergreen Equestrian Centre				1,500
	Go Beyond			3,300
	Grants to Individuals			12,865	13,100
	Grief Encounter South	West		3,000
	Gympanzees			3,000
	Key4Life CIO				3,000
	Keynsham & District Mencap Society				1,500
	Lifeskills —Learning for	Living		3,000
	Living Paintings Trust			2,500	2,500
	NSC Family Wellbeing	Team			469
	Portishead Youth Centre			20,000	20,000
	Re:Work Ltd				3,000
	Royal West of England	Academy		1,500
	Shallowford Farm			2,500
	Springboard Opportunity	Group		2,010
	St Werburgh@s City Farm			1,500
	Tall Ships Youth Trust			3,000
	The Green House				2,000
	The Harbour			2,000	3,000
	Wellspring Counselling				3,000
	Wheels Project			2,000	3,000
	Young Lives Vs Cancer				3,500
				75,183	83,430

5	SUPPORT	CO	STS
									2023	2022
	Administration								10,709	13,874
	Accountancy								2,400	2,160
	Insurance								2,119	2,050
	Independent	examination							900	750
	Investment	advisers							11,433	11,258
	Bank charges								144	193
	Sundries								334	309
									28,039	30,594
6	PROFITS/(LOSSES)			ON		INVESTMENTS
									2023	2022
	Profits/(Losses)		realised		on	disposal	of	investments	(3,887)	8,809
	Unrealised	gains/(losses)			on revaluation			of investments	(177,032)	250,836
									(180,919)	259,645

			Fixed	Quoted	Total
			Interest	Shares
As at 1 April 2022			215,767	2,061,182	2,276,949
Additions				41,596	41,596
Disposals				(36,878)	(36,878)
Losses realised		on disposal		(3,887)	(3,887)
Unrealised	losses on revaluation		(20,275)	(156,757)	(177,032)
As at 31	March	2023	195,492	1,905,256	2,100,748
Historical	cost		238,560	1,512,535	1,751,095