2023-04-05-accounts - J N Derbyshire Trust

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					Pages
Legal and administrative		information
Report ofthe Council					2-5
Statement oftrustees'	responsibilities
Independent Examiner's		report
Statement offinancial	activities
Balance sheet					9-10
Notes to the financial	statements				11-17
The following pages	do	not form part ofthe statutory	financial	statements:
Schedule ofdonations	and grants				18-20
Schedule ofinvestments					21-25

Old age	10,250
Physical health and handicap	29,500
Protection and welfare ofwomen and children	18,500
Youth organisations	43,000
Relief ofpoverty	28,400
Educational	8,000
Miscellaneous	27,500
	165,150

				2023	2022
			Note
Income and endowments from:
Investments —listed securities				141,157	134,332
Investments —other interest received				122	13
Voluntary income —members'	subscriptions			8	8
Total income and endowments				141,287	134,353
Expenditure on:
Charitable activities			3	(208,099)	(189,195)
Net income/(expenditure)				(66,812)	(54,842)
Unrealised (losses)/gains on investment		assets	10	(315,325)	78,066
Realised (losses)/gains on investment		assets	11	63,585	233,198
Capital reorganisation and asset movement			ll		(530)
Net movement in funds				(318,552)	255,892
Reconciliation offunds:
Total funds brought forward			9	5,853,442	5,597,550
Total funds carried forward			9	5,534,890	5,853,442

						2023		2022
				Note
Fixed assets investments
Listed securities at market		value				5,528,158		5,851,302
Current assets
Debtors					6		6
Cash at bank and in	hand				17,034		14,728
					17,040		14,734
Creditors: amounts	falling due within one				(10,308)		(12,594)
year
Net current assets						6,732		2,140
Total assets less current		liabilities				5,534,890		5,853,442
Charity funds:
Unrestricted funds —unrealised (revaluation reserve)			fund	10		1,145,595		1,430,051
Unrestricted funds —realised fund						4,389„295		4,423,391
Total charity funds						5,534,890		5,853,442

						2023
Elizabeth Finn Care						5,250
Mothers Union Southwell		and Notts				5,000
Open Minds						5,000
Stathern Children's Hospital						5,000
POW Nottingham						4,000
Arkwright Meadows Community				Gardens		3,500
The Vine Community	Centre					3,000
SFiCEFoundation						3,000
Refugee Roots						3,000
Community Accounting		Plus				3,000
Fareshare Midlands						3,000
Autistic Nottingham						3,000
Jigsaw Youth Club						3,000
Nottingham Independent		Domestic Abuse Services				3,000
Nottingham Deaf Society						3,000
Nottingham Multiple	Sclerosis Therapy				Centre	3,000
Think Children						3,000
The Wolfpack Project						3,000
Home Start Nottingham						3,000
The Children*s Bereavement			Centre			3,000
Malt Cross Trust						3,000
Nottingham Arimathea						3,000

				2023	2022
Direct costs:
Old age				10,250	6,300
Physical health and handicap				29,500	14,500
Protection and welfare	ofwomen	and children		18,500	18,000
Youth organisations				43,000	20,000
Reliefofpoverty				28,400	29,400
Educational				8,000	20,500
Miscellaneous				27,500	45,900
				165,150	154,600
Support costs:
Accountancy and trust	administration			21,635	16,471
Bank charges				101	143
IT Software 8c Consumables				254
Investment manager's	fees			18,123	15,587
Reimbursed expenses				82
Governance costs —independent		examiner's	remuneration	2,754	2,394
				42,949	34,595
				208,099	189,195

5 Net	incoming/(ou	tgoing) resources forthe year
			2023
Net income/(expenditure)		for the year is stated aAer charging:
Independent	examiner's	remuneration	2,754	2,394

6 Investments	6 Investments
								2023	2022
Market value of	investments		brought		forward			5,851,302	5,619,253
Less: unrealiscd	appreciation		in	value	brought	forward		(1,284,884)	(1,170,302)
Cost brought forward								4,566,418	4,448,951
Additions								821,120	730,892
Disposals								(823,125)	(586,871)
Deposit account	movement							12,784	(26,024)
Capital reorganization		and asset		movement					(530)
Cost carried forward								4,577,197	4,566,418
Add: unrealised	appreciation		in	value	carried	forward		950,961	1,284,884
Market value of	investment		carried forward					5,528,158	5,851,302
Analysis ofinvestments
							2023		2022
						Market	Proportion	Market	Proportion
						value	ofportfolio	value	ofportfolio
									O/o
UK government	stocks					427, 103	8	311,106	5
Other fixed interest stocks						574,766	11	497,008	9
UK equities						1,280,110	23	1,543,269	26
International equities (see note below)						2,836,408	51	3,224,043	55
Property funds						117,053	2	181,882	3
Commodities						185,939	3
Cash held within	the investment			portfolio		106,778	2	93,994
						5,528,158		5,851.302

Internat	ional equities comprise Investment Trusts listed o	n thc London Stock Exchange.
7	Debtors
		2023	2022
Other	debtors —subscriptions

				Net
			At 6April	outgoing	Gains/		At 5April
			2022	resources	(Losses)	Transfers	2023
Unrestricted	funds:
Unrealised fund (revaluation Realised fund		reserve)	1,430,051 4,423,391	(66,812)	(315,325) 63,585	30,869 (30,869)	1,145,595 4,389,295
Total funds 2023			5.853,442	(66,812)	(251,740)		5,534,890
Comparative	year
				Net
			At 6April	outgoing	Gains/		At 5April
			2021	resources	(Losses)	Transfers	2022
Unrestricted	funds:
Unrealised fund (revaluation Realised fund		reserve)	1,211,710 4,385,840	(54,842)	78,066 232,668	140,275 (140,275)	1,430,051 4,423,391
Total funds 2022			5,597,550	(54,842)	310,734		5,853,442

					2023	2022
Balance brought forward					1,430,051	1,211,710
Unrealised losses/(gains)	in prior	year, realised	on disposal		30,869	140,275
Increase/(decrease) in unrealized		appreciation	ofinvestments	in year	(315,325)	78,066
					1,145,595	1,430,051
11 Realised fund
					2023	2022
Balance brought forward					4,423,391	4,385,840
Surplus/(deficit) for the year Transfer &om revaluation reserve —unrealised			(losses)/gains	in prior year,	(66,812) (30,869)	(54,842) (140,275)
realised on disposal
(Losses)/gains realised for year					63,585	233,198
Capital reorganisation and asset movement						(530)
					4,389,295	4,423,391