2022-12-31-accounts

		~Pa e
Legal and Administrative Information
Report ofthe Trustees		2-5
Independent Auditor's	Report	6-8
Statement ofFinancial	Activities
Balance Sheet		10
Notes to the Financial	Statements	11-16

STATEMENT OFFINANCIAL FORTHE YEAR ENDED 31st	ACTIVITIES DECEMBER 2022
			Unrestricted	Restricted
			Funds	Funds
			2022	2022	2022	2021
Income from:		Note	E	E	E	E
Salaries and Pensions			181,242		181,242	184,841
Mass Stipends, Stole Fees, Supply and Dues			41,031		41,031	36,883
Donations, Legacies and Bequests			3,013,368	100,000	3,113,368	89,592
Investment Income			13,587		13,587	11,894
Other Income			17,248		17,248	16,959
Total Income			3,266,476	100,000	3,366,476	340,169
Ex enditure on:
Charitable Activities			340,144	14,664	354,808	310,806
Raising Funds			13,785		13,785	13,822
Governance Costs			10,533		10,533	7,761
Total Ex enditure			364,462	14,664	379,126	332,389
Net Income before Investments			2,902,014	85,336	2,987,350	7,780
Losses /Gains on Investment	Assets:—
Realised (Losses)/Gains			(35,036)		(35,036)	102,409
Unrealised (Losses)/Gains			(153,193)		(153,193)	108,935
			(188,229)		(188,229)	211,344
Net Income			2,713,785	85,336	2,799,121	219,124
Reconciliation ofFunds
Fund Balance Brought Forward 1stJanuary 2022			3,169,619		3,169,619	2,950,495
Fund Balance Carried Forward	31stDecember 2022		5,883,404	85,336	5,968,740	3,169,619

BALANCE SHEET AS	BALANCE SHEET AS	AT 31stDECEMBER	2022
				2022	2021
			Notes	E	E
Fixed Assets
Tangible Fixed Assets				252,776	246,360
Investments				2,196,703	2,385,434
				2,449,479	2,631,794
Current Assets
Sundry Debtors				288,320	95,737
Cash at Bank and on Deposit				3,248,861	465,179
				3,537,181	560,916
Creditors:	Amounts	Falling
Due Within	One Year			(17,920)	(23,091)
Net Current	Assets			3,519,261	537,825
Total Assets	Less Current Liabilities			5,968,740	3,169,619
Funds
Unrestricted	Funds			5,883,404	3,169,619
Restricted Funds			13	85,336
				5,968,740	3,169,619

					2022	2021
					E	E
2.	Charitable Activities
	Cost ofSustenance	and Maintenance		ofConfreres	112,355	92,457
	Ministry Costs (including		Donations)		7,849	8,499
	Formation Costs				36,120	36,873
	Premises Costs				60,373	65,758
	Travel Costs				40,759	34,133
	Staff Costs				54,261	52,366
	Funeral Expenses				400	350
	Miscellaneous Support Costs				28,027	20,370
					340,144	310,806
	Restricted Funds				14,664
					354,808	310,806
3.	Ex enditure on Raisin		Funds
	Investment Portfolio Management			Charges	13,785	13,822
4.	Governance Costs
	Professional Fees				10,533	7,761
5.	Net Movement in	Funds
	This is stated after	charging:—
	Auditors' Remuneration				3,500
	Accountants' Remuneration					2,775
	Depreciation				9,102	9,074
6.	Staff Costs

	Residential
	~Pro ert	Motor
	Cost	Vehicles	Total
Cost
At 1stJanuary 2022	223,968	72,214	296,182
Additions		15,518	15,518
At 31stDecember 2022	223,968	87,732	311,700
D~erecietioo
At 1stJanuary 2022		49,822	49,822
Charge for the Year		9,102	9,102
At 31stDecember 2022		58,924	58,924
Net BookValues
At 31stDecember 2022	223,968	28,808	252,776
At 31stDecember 2021	223,968	22,392	246,360

					Cost/	Fair	Cost/	Fair
					Valuation	Value	Valuation	Value
8.	Investments				31/12/22	31/12/22	31/12/21	31/12/21
	Government		Securities		560,973	512,387	521,557	549,785
	Equity Securities				1,307,989	1,547,115	1,246,950	1,736,002
	Cash				137,201	137,201	99,647	99,647
					2,006,163	2,196,703	1,868,154	2,385,434
							2022	2021
9.	Creditors						E	E
	Amounts	Fallin		Due Within One Year
	Expense	Creditors				11,800		17,906
	Sundry Loans						6,120	5,185
						17,920		23,091

		At			At
		~lanua			31December
13.	Restricted Funds	2022	Income	Utilised/	2022
		E	E		E
	Other Restricted Funds		100,000	(14,664)	85,336
			100,000	(14,664)	85,336