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2023-04-30-accounts

Page
Legal and Administrative Information
Trustees Report
Independent
Examiners'
Report
Statement of Financial Activities
Balance Sheet
Notes forming
part ofthese financial statements

Unrestricted Designated Designated Funds
Notes General Forrester Foodbanks
Fund Legacy 2023 2022
F
Income
Donations
and legacies
12,016 35,361 47,377 10,356
Investment
income
2 54,072 1,841 55,913 47,628
Total income 66,088 1,841 35,361 103,290 57,984
Expenditure
Expenditure
on charitable
activities
Donations
and grants
21,340 1,841 35,361 58,542 76,099
Governance
costs
3,324 3,324 2,191
Total expenditure 24,664 1,841 35,361 61,866 78,290
Net incoming/(outgoing) resources 41,424 41,424 (20,306)
Other recognised
gains and losses
Net gains/(losses) on investments 6 (63,705 9,378 54,327 65,877
Net income/(expenditure) and net movement
in funds for the year (22,281) 9,378 (12,903) 45,571
Total funds brought forward 1,592,450 65,266 1,657,716 1,612,145
Total funds carried forward 1,570,169 74,644 0 1,644,813 1,657,716

UnrestrIcted Designated
Notes General Forrester Total Total
Fund Legacy 2023 2022
Fixed assets
Investments 9 1,505,056 70,699 1,575,755 1,625,129
Current assets
Debtors 10 3,630 3,630 3,485
Cash at bank and in hand 11 61,483 5,786 67,269 30,526
1,570,169 76,485 1,646,654 1,659,140
Creditors: amounts falling due
within one year 12 (1,841) (1,841) (1,424)
Total assets less current
liabilities 1,570,169 74,644 1,644,813 1,657,716
Total Funds 13 1,570,169 74,644 1,644,813 1,657,716

4 Donations
and grants
2023 2022
E
Donations
17separate donations (2022 - 47) 55,792 68,034
Grants
Grants to brethren
Grants made
in year
2,750 8,065
58,542 76,099
5 Governance costs 2023 2022
Investment
management
fees 3,324 2,191
6 Net gains (losses) on investments 2023 2022
F
Realised gains (losses)
Unrealised
gains (losses) on revaluations
in the year ~54,327 (902)
66,779
54,327) 65,877

7 Taxation
The Benevolent
Fund is a registered
charity and no provision is considered
necessary
for taxation
8 Trustees Remuneration
The Trustees received
no remuneration
and no expenses (2022:nil)
9 Investments 2023 2022
F
Market value at 1 May 2022 1,625,129 1,559,248
Acquisitions
net ofdisposals
Unrealised
gains/(losses)
on revaluations
Market value at 30April 2023
in the year 4,953
~54,327
1,575,755
(898)
66,779
1,625,129

2023 2022
3,630 3,485
3,630 3,485

2023 2022
E
Elstree Lodge No. 3092 - Master's list 1,841 1,424
1,84'I 1,424

Balance Incoming Resources Investment Balance
01/05/22 Resources Expended Profits 30/04/23
Unrestricted Funds
General Fund 1,592,450 66,088 (24,664) (63,705) 1,570,169
Unrestricted Designated Fund
Forrester Fund 65,266 1,841 (1,841) 9,378 74,644
Unrestricted
Designated
Foodbanks
Total Funds
Fund 1,657,716 35,361
103,290
~35,361)
~61,866
0
~(54,327
0
1,644,813