| 1. | Trustees' | Report | pages | 3 | to | 6 | |
|---|---|---|---|---|---|---|---|
| 2. | Independent Examiner's |
Report | page | 7 | |||
| 3. | Financial | Statements | pages | 8 | to | 15 |
| Unrestricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| Notes | Funds | Funds | ||||
| 2022 | 2021 | |||||
| f | ||||||
| Income from: | ||||||
| Investments | 86,933 | 87,722 | ||||
| Total | 86,933 | 87,722 | ||||
| Expenditure on: |
||||||
| Raising funds Investment anagement |
costs | 20,568 | 20,0 3 | |||
| Charitable activities |
||||||
| Grant funding | 303,965 | 316,257 | ||||
| Total | 324,533 | 336,290 | ||||
| Net expenditure before gains (losses) on investments |
and | (237,600) | (248,568) | |||
| Net gains/(losses) on inv s |
me | tassets | 66,388 | 433,953 | ||
| Net income/(expenditure) movement i funds |
net | (171,212) | 185,385 | |||
| Reconciliation offunds: |
||||||
| Total funds brought at 1"April 2021 |
forward | 2,730,785 | 2,545,400 | |||
| Total funds carried | forward | |||||
| at 31"March 2022 | 2,559,573 | 2,730,785 |
| ance with the following permitted r |
anges: | |||
|---|---|---|---|---|
| Fixed interest | 2.5 | - | 42.5% | of port olio |
| Equities (overseas max 40%) | 42.5 | " | 82.5% | of portfolio |
| Property | 0 | - | 15% | of portf lio |
| Alternatives | 0 | - | 15% | of porffolio |
| Cash | 0 | - | 25% | of porffolio |
| nvestments list |
ed on a recognise | d stock exchang |
e, including investment |
Trusts: |
|---|---|---|---|---|
| 2022 | 202 | |||
| F | ||||
| Market value | at "April 2021 |
2,653,281 | 2,498,892 | |
| Acquisitions | at cost | 236566 | 690882 | |
| Disposals | (512,649) | (970,446) | ||
| Net realised gains in the year Net unrealised gains/(losses) |
in the year | 128,174 (6,786) |
8,417 425,536 |
|
| Market valu | at31"March 2022 | 2,44,586 | 2,653,281 | |
| Historical cost as at31"March 2022 | 2,036,112 | 2,184,021 | ||
| 2022 | 2021 | |||
| Investment assets in the UK |
1,551,337 | 1,760,090 | ||
| Investment assets outside the UK |
892, 49 | 893,191 | ||
| 2,443,586 | 2,653,281 |
| 6. FINANCIA IN |
STRUMEN | TS | |||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Carrying amount offinancial |
assets: | ||||||
| Debt instruments | measured | at | cost | 125,809 | 90255 | ||
| Equity instruments |
measured | a | fair | value | |||
| through income and expenditure |
2,443,586 | 2,653,281 | |||||
| 2,569,395 | 2,74,536 | ||||||
| Carrying amount offinancial |
liabilities: | ||||||
| Measured at cost |
9,992 | 13,467 | |||||
| 7. DEBTORS |
|||||||
| 2022 | 2021 | ||||||
| P repayments | f170 | K 16 | |||||
| 8. CREDITORS | |||||||
| 2022 | 2021 | ||||||
| Accruals | R9,992 | F13,467 |