2025-04-05-accounts

	Notes	Income Fund	Capital fund	Total funds	Total funds
		(Unrestricted)
		2025	2025	2025	2024
Incoming		£	£	£	£
Investment income	1	47,945		47.945	50,011
Total income		47,945		47,945	50.011
Expenditure
Costs of raising funds
Investment management costs		10,191		10,191	9,616
Charitable activities	6	29,421		29.421	27,475
Total expenditure		39.612		39,612	37,091
Net income		8,333		8,333	12,920
Other recognised gains/(losses)
Gain/(losses) on investments
Realised on sale		(5,701)		(5,701)	1,622
On revaluation		(51,563)		(51,563)	2,786
Net movement in funds		(48,931)		(48,931)	17,328
Reconciliation of funds
Total funds brought forward		1,196,150	39,437	1,235,587	1,218,259
Total funds carried forward	8	1,147,219	39,437	1,186,656	1,235,587

		2025	2024
		£	£
	Notes
Fixed assets
Investments	4	1,163,061	1,208,541
Current assets
Short term deposits		11,869	14,805
Cash at bank		40,529	39,495
		52,398	54,300
Liabilities
Amounts falling due within one year	5	(28,803)	(27,254)
Net current assets		23,595	27,046
Total net assets or liabilities		1,186,656	1,235,587
The funds of the charity:
Unrestricted
- Income fund (unrestricted)	8	1,147,219	1,196,150
- Capital fund	8	39,437	39,437
Total charity funds		1,186,656	1,235,587

	2025	2024
	£	£
At 6 April	1,208,541	1,182,711
Additions	256,446	153,222
Disposals at the brought forward market value	(250,363)	(130,178)
Revaluation to market value	(51,563)	2,786
Market value at 5 April	1,163,061	1,208,541
Historical cost at 5 April	1,016,077	980,292
Material investments are held in M&G Securities(M&G Charifund); 5%

	2025	2024
	£	£
Distributions of income	25,461	24,050
Other creditors and accruals - Examination, accounting and administration	835	805
- Stockbroker's fees	2,507	2,399
	28,803	27,254

		2025	2024
		£	£
Expenditure on charitable activities
Distributions of income in accordance with the charity objectives		28,523	26,607
Governance and support costs
Examination, accounting and administration		835	805
Bank charges		63	63
		29,421	27,475
7 Funds
(a) Capital fund
This represents the original capital of the Charities.
(b) Income funds
These funds comprise the unspent income in each	year, the	unspent income of the capital
fund and the income invested by accumulation.
8 Analysis of net assets between funds
	Capital	Income	Total
	fund	Fund	Funds
		£	£
Fund balances at 5 April 2025 are represented by:
Fixed asset investments	39,437	1,123,624	1,163,061
Current assets		52,398	52,398
Current liabilities		(28,803)	(28,803)
Total net assets
	39,437	1,147,219	1,186,656
Unrealised gains included above		158,866	158,866