REGtsi'lltKD CHARITY NUMBEIL. 249922
h2022
B*lwrtB
WArd Mllck¢nzi¢ Ltd
bartffed A¢count4ni8
ThAichrrHou5
12 Mount ￿Phr￿M
Tunbridgewclli
Kont
TN4 BAS

Ben
202
Pagè
R¢ferenceandAdministr8tiv¢ D¢tsi
RcpDrt ofth¢'frusttt
Indcpen&ntEMmincrfs Rryrt
stAttJti¢rttofFu)aDcialknti￿tie&
Bthn¢e ghe¢1
Nots to thePingnci￿ Sthtements
7 to 14
D¢tail¢dStht¢rnenlofFin￿￿lal AcLiVities

h¢Ye4rEn
31 M
2￿22
TRUnELS
Geookl'rusiee
Q L FlightTn
RGabbitssTrnsiL
LGDss1inBI'tusteo
J1￿xOnTh
PRINCIPALADDRESS
8 SWE4Jd
Sturnps
]Joshani
WestSu35ex
P018 8RB
RECISTERED CHARrrY NVMMEK 249922
INDEPENDF￿].￿UmINÉR
WaTd MackcDllELtd
ChBr￿CdA¢wun
Th&i¢htr HO￿Se
12 MoulltFphr￿￿
Trnbtidg¢Wells
Ktrmt
TN4 8AS
PAg¢ I

outtd&ti
fotthtYtsrE
h2022
The TnL4tees prtsent thÈir with the financ￿1 stst¢mfflts of t1￿ thvity for thtr peri￿] ortded 31 Matth 2022. The
T￿￿te¢& adop¢eJ th¢ prov1B￿nS of Accoun¢ing And RcFrf)rtin8 by Ch8tilirs." Stat¢rn¢nt of R￿0MM￿ded Prnctscc
pplic4ble to ehAYiti¢s pywtittg the￿ accuunts in atGotdance with the FinanGjal ReiKlrtill8 applicabl¢ in the UK
and Rcpublic ofTreland(FRS 102llcffwtive l J4nuary20151.
OBJECTII'ES AND ACTJVITI&S
Uble¢tfves aiid A<15%llle5
The FotsnthttoD'S •bi￿t i$to provide belp where il 15 n¢eW foenwloyeu, the￿ I¢l￿1Ve$ artd foTrn¢T omployee5 of the d&iry
indu5Dy.
ThB T￿￿E¢&ha￿ phiddu¢ regard ￿$ll1a4￿Ce issued by thecknrity Commissiort ID dLridinswhat4¢tsvitiesth¢
Foundauonshould ulld¢rtake.
IILe FoMDdation cl￿ries￿Ul1IS rtbjeetivesbyproi4dinggraDLqto attumbcr0findl￿dVhl$&ndor9anl5}tlQ￿s.
The Ttustery2 arc fully sabsfipd that the Bqrhwn Bellevolent Foundwion oper4Fes for thc widtr NibliG btsrfit in all that it
do¢3 in its ¢h4ritsblc4aiVill¢S.
AllbU￿ary pay￿le￿fs are rnadpon the bNsofrnYotLllllendlltionsbyr¢lwgntkndics.
ACHIEVEMENT ANDPERFORNL4NCE
AcbifveThenls pcrfornian¢e
Th¢ Found#llOn'S Ttust Drcd cnables it to rnsk¢ 8raDts for hathhip c&ses in the dairy Icts￿d Attd for ¢ducalioTh by
way of buJyriry5 to wll¢g¢4 univer8111es for ye￿reh th dairy relAied Subjccts. The Poundation ¢ontinues to fiilld or
tributc iotheLOSt ofholhlaysAndiopfDvide financtal as51Stance with awornmod4tion in appD)priAte C￿&.
Th¢ Foundation made Brallts tothl1in£ £98,441 12021.. £168,0751 to ittdividualg and ¢jur&tion￿ iThstithuons thu ypat.
lkne pa￿e￿LI have bcertJnAde possible iTry the IiDks tknt th¢ Foundation has withother ch#riiablc orgartiSat￿S.jn addition
ThtstdL￿fl0thal InSti￿ttOnsthatb¢neffittcdfro￿ thesr8nts thatw¢ distribu*din¢lude'.
UniversityofKe4diI￿ £35.WOI2021..£58,2501
ROYAI Veterinary £31,17612021. £36,70011
Harper Adarn5 Nil (2021,. S4.￿0)
tin¥ thr yoar thc TnL8tEea adivcly sou8h¢ wiieDlial beneficiaries and h8ve beett able to tllLny grants ihroii8h the
links ¢Stablish¢d with other or8miSQtiOn4. Try art AwÈre knwevei of th¢ nf¢d to en5ur¢ that ull 8rAnts 8Mwrded in
8c¢ordAnC¢ With thtttttiJS ofthcTr￿tD￿d Whithd¢fln￿th¢ Of￿ne￿¢1￿1¢8.
Durin8 the y￿r the Fo￿￿￿tIon tsJ&dt wclfarE pwnents to 1012021 - I) fonn¢r eDwloyees ofthc D4￿Y aThounkng to a
tDtsI of £25,360 12021". £9.9901. 'ffre Thi￿tc¢S is io spend all th¢ 8vailablc income Each y¢llr in accordance wilh th¢
iernLS of the 1'rusi i)eed a full t¢view of tb¢ kn¢fI¢l￿1￿ both individual5 and •JueAtionai itsSLitutsim5 L5
PwBe2

31 Ms
FINANCIAL kkVIEW
1nAn¢iAI review
ThE Foundation re£eiveJ inv¢8unent li￿0￿¢ of £151,949 12021." £153,6811 during ye4r pthd thert wLq a totsl rharit4ble
exptrndiiurc of£176,763 (2021.. £239,112). Th¢ fitndbalances ￿at)I March 2022woR £6,540,36912021.. £6243.3741.
Th¢ T￿￿t¢￿' uimtion is to su(llcicnt ri&itives to wv¢r the Costs of tht fourtdation vlith fjlly 8Utplu8
not di5triiTrukni btirtg ￿l￿V￿t￿. ThEse rwuiremeDts are keptcontirtually ynd¢r r¢vi¢w fix￿ amount 18 Ileem
appropriate.
Thc Trwtx8 intend that the re￿ value of the VoundatiQll Assets attd the incoTn¢ them will ￿ rnaintaintd Ovvr thc lon8
term 5ubje4t ￿ any major fluctu&tions in intOm¢ oi ¢xpEnJiture. In the agreerllerti wilh BorGiays Wealth with Invc41
Wealth and InYcsbKcnL who ar¢ both 4)point¢d a diSC￿tionAry bASib, thE Trust¢e4 h4V¢ 8clcc*d & balELllccd investmcttt
abjc¢tive with M￿luM risk. Th¢ Pfuportiufi iilYe$icd th equities, fix¢xl inwM¢ stocks and L8sh 13 rcvicwed with B&￿Idy5
w¢￿th Knd With knvestee Wcalth and Invesbnent tiTn¢ to ¢irlle to provide EiiidancB on th¢ ongoing suithbility of
clcmeDt of t1￿ inv¢stm¢nl wilicy k￿p iinthr review Ihc AttHn8eJnpThts ￿7th Har¢lAys Wath 4nd with 1rtve8tr￿ Th¢
p¢rforJJaJKe of Ihc invcstmeni ￿rtfull(￿￿Ur￿thE thE ycaTWHS in withTNsk¢s' ¢Kpe¢tabaus.
Th¢ Trus¢¢&% hv¢ as8e3sed ¢he major risks to ¥¥bich the Foimdktion Ts upos4 and that ty3teTh5 in plrtt to
nJiiigAtecX￿Sllrt to thtmajofrisk5.
srRUCi'URE,COVERNANCK AND MANAGEMENT
covtrrt1ngd￿cV￿c￿t
Th¢¢barityiS elJntroll¢dbyits Bovernu￿ ￿'uEnt￿L a dtsdoftrwtand wnsiitute540 ￿n￿e0[￿tedch￿[Jty.
Structhre* Rov￿￿4]ite m*llAgoJiL*lIt
Th¢BrtrhBm Beh¢volentPouThdationwJ5 ¢StabliSh￿by￿cha￿wb1¢TfusID¢¢diti 1918.
Th¢ Tlustecs who dUlti￿theYtsTaNdvp￿Trth¢￿ate of 518113tsw¢ofthe fi￿&￿¢￿81 statEmeDts W￿..
Mrmichael Cook
MrGrDhJmFllsht
MrRobinGabbilas
MrLioTh¢lGo88lu
MrJetry Rixo
TrUste￿￿[ca￿Ultrdtothe Foundgtiojj withthtAgrcthn¢Thtofthp¢Ki5ting T￿￿ee￿.
NO￿ Qfth¢Ths*￿hu Hny ￿e￿L￿al In￿￿tI￿the trust.
TheT[u*e￿llWkC impl¢meniAll illr¢ihtion ￿ th¢Fo￿lld￿t￿n'5 offaits.
Thc Trnsfees bav¢ w¢$wd th¢ mlljor risks ty which the IÉ èxport 4lld ore 5ali1fl￿ Systems ar¢ th place to
itigatr exposureto th¢m&jorri$ks.
Approvedby orderofth¢ ofttu%trcson 15 Septtmb¢T2022 ￿ si￿d0￿ itsbehlfby..
GCODk-Tn￿tC¢
Pag93

Examih
ntTr
tion
IndLwndenteiAmlner'$ reporti&the Iruitte5 ofBaTh&m BeDevolelll
l rtpurt to the ch&rity trwt¢¢$ on my ¢wninaiion of thc Accounts of Ilarham H¢nevolent Found*ion ltht T￿￿tI for the yeor
¢n￿￿ 31 M4rch 2022.
R&4ponslbllllie5 ba51J ofreporl
As the thKrity trustees ol th¢ Tty* you re&wnsibl¢ for the pi4Mration of the ￿COunta in ￿e1)rd￿nCe th¢
ir¢MtsofttKCh4rilie8Art2011 Ohc A¢ei.
I rcport In￿sp￿t of rny CA￿li￿nn0￿ ofthe'l'rusV& ACCfjUntS carri￿ gut under &rfuon 145 ofthe Act Illd ill carryinB my
eXa￿￿nation I hTrve followed ail applic&bl¢ DiTCctio￿￿v<￿bYth¢c￿a￿￿cuj1Jthi￿DD undUs￿E￿O￿ 14515llbl ofth¢Act.
llld¢pEnd¢ntfxaWl￿er,s Statcmellt
I have complet&1 tsy I Eonfinn thllt materi￿ matters hbve lo my lltrention in coDnectiort the
txanJinationBivingm¢ Mus¢ lob¢lievethatin4ny n￿trIal rtspcrt
t¢OuntillgT¢cords wer¢uot k¢￿ITr rc5PXt of th¢Tmqt asrcqU￿bY ￿tIon 110 of theA¢t,' or
the￿￿￿llts ito notaccord with those records", or
th¢ aCeOtsnt& do not cornply Ivith thc Applicabl& rwuirem¢ThLq Lthrctning the form and conrent ofaec4uttts $¢t out
the ChJritics (Accounts K¢portsl RCÈu￿IOtts 2008 other thgn aoy reqU￿￿t that thr ac{￿￿t5 Bivo u trne
fairview which ignotA matt¢rtOASideredHs partofan indeyelldent ttX&minatson.
I hav¢ no ¢onc¢rns and have corlle Acn)ss otkn in ￿nn￿lOn with th¢ cxatninatiQn tv which ait¢niii)n 8hould bo
drawn in thisreportirtotdETtocnablcH prop¢rundetstandins ofth¢&ccourtt$ to b¢ re￿h¢d.
oannaGr*n
sc FCA IS¢Jllor StknAt0tyAudit￿l
Ward MaLkcnicLtd
Char¢¢re41 Acwuntats
Th￿CherHOUse
12 Movnt b.p}￿￿￿
TUThbr￿8¢ W¢U8
Kcrtt
N48AS
15 Sq>t¢rniw2W22
PA8e4

thamB
trtt
foTth
aych 2￿22
2022
unre8tne￿d
2021
Note
INCOMEANDENDOWhqENTS FROM
Inv¢8hntnt Ineomc
151966
151.993
V.XPENDITURF ON
Rawng fund
24277
15,837
Charlt*ble Aellylttes
Gr8rtt bundin&FActivity
152,386
Total
176,763
Nrtgains on iThv¢strnt8
321,792
1,067J8S
NETINCOME
296,995
982269
RECONCILIATJONOFFUNDS
Tolal funds brought forw*rd
6243,374
5261.105
TOTAL FUNDS CARRIED FORWARD
6,540,369
6243,374
Thenote8fO￿p￿rt9[th&1¢ st8temettts
PaE¢ 5

lent F
2O22
Unrestric*d
fiLttd
2021
Tot41
llds
FLy￿D ASSEI'S
Tangiblc as8ets
Invesknejjts
210.495
6,19J,616
5395.821
6,4￿,1 I I
CURRENT ASSM
Cash Atb&nk
168A41
174,417
CKEDrroR5
Amounts fallingdu¢within one ycAr
NETCVRRENT ASSKTS
157,OW2
160,642
TOTALASSICIS LKSS CURRF.liT
LIAMILri'iBs
6.561.203
6,272,2Q8
CRF.DII'ORS
thounts thltill8dueafterthor¢ kn onEy¢aT
120.8341
128,8341
FI￿rASSE￿5
6,540,369
6,243,774
FUNDS
Unr¢$trictedfvnd$
6,540.369
6J43J74
TO'fAL FUNDS
6.540.369
6,243,374
Th¢ financiAI staternenis were Appfovcd by th¢ Bo&Td of T￿￿te£S and authDri5ed for iswe on IS Sept¢mber 2022 were
Sigrted oll it81￿hal(by."
Cook-Tru%te¢
The no*& fotttspart0fth￿ financig18iatements
Pag¢6

BaThBmBenevolpnEF
ndati
tbtFiti&nciilStAt
ACCOUNTING POLICIES
BASISOFPREPARING THE FINANCIAL STATEMKNTS
'I'he finAn¢ial si&t¢ments of the oknrity, which is & public beoefit thEity uoder FRS 102, have prepAred in
accordance with tbc Charities SORP IFRS 102) 'AccountiNg and Regorting by Charities.. Swcmcrtt of
KecommMdeJ Prawice applic4th1e w chTrrillL% prcpariThg thoir Accfjiints in aLwdane* with th¢ Finyttcial R¢porbDg
Startdltd applicAble itt th¢ UK and Rcwiblic ollrclaThd (FRS 1021 IEftcctivc l January 20191,. Fingncial Reportin8
Styndard la2 Th¢ Fin&n¢ial R¢poning Sta￿ard appE1￿ble in the UK and Kepubli¢ of I[el￿d And the Charitlcs Act
2011. The fmonci41 sid*ments bav¢ be¢rt prepAred the hiskiri¢al c08t ¢thlvelltion, with thE ¢xOion of
v¢8tments whichare lncludedhtm￿k¢tya1ue. ￿￿OthrIcdbY thor¢valuarionof¢ortain ￿￿ts.
INCOME
All inwme is r￿gnIS￿ in the Stslem¢nt of Finoncial Activitie8 onc¢ the charity ¢ntitlemen¢ to the tbnd$, it i¥
probable lh￿ the irtcorn¢will berneived atsd the athOitht¢attb¢ ￿t¥S￿rea￿liAblY.
XPLI NDI'I'UKL
Liabilities are recogni8ed ￿ expenditur¢ ￿ 300Tr th¢r¢ 1$ a Icgal OT ¢onstructi￿ obligation ¢ornmitting the chAMty
) thai cxpcndinir¢. li is probthle that a uansfer of econornic trtnefits will be requiYeU lll ScttirrncTht alld thc atnount
oethtr obtsgaflott LaTh be measurcd rclthly. ExpEndiLurE is accounted foi on an bnsi$ and been clossificd
Und￿ h¢4diDg5 tbat llggr¢ga￿ all w5¢ relared lo ¢he category. Wher¢ c(éts ¢annot k directly ￿trIbuted to p&ttiEuL
h￿dIngStheY havebeeTh alloc&*J io acLiVities ots ab2$￿ tsOOSi4teDtWitb th¢ us¢ ofrcsourccs.
Grdnrs offered wbj¢w to conditions which bkve not betn ai the yeAr end dAte are noted ag a etij)￿tht￿¢￿t I￿t TY)t
&e¢rU¢dk4¢Xp¢ndi￿Yt.
TANCIBLE FLXED AS'SETS
D4)rr¢iutton Is piovithd at th¢ followin84￿wa1rate￿ inurdErfo wrileotr¢ath4sswoveriL8¢5tirnfitrdusefill bfr.
F￿e￿olaP1opQty
2￿/￿0￿ co
TAXATION
FUND AccOUNTI￿G
UnMtriet¢d funds can be u8ed ￿ ￿e0rd￿￿¢¢Withtht chatitsbl¢obje¢tives atthtdikretiortoftht tru¥t¢f5.
R￿ttl¢*d can only be uaed for portieiilar restri¢*d purpose8 withth ihe objects of the ¢b&rity. Re5tiirtioiJs
tiJ¢ whtll 5pecifiedby the dortororwkn flyth￿r rais￿ forparticularrp5tri£t¢d wJrpos¢3.
FUrther¢xplafta￿￿0ftbc ittdplltwof each fulld ysinGluded in the notestothe finan¢ial
Page 7

Stst
arch2D22
CRITICAL ACCOUNTING JUDGEMEIYTS AND KEY SOUKCF.5 OF ES'fIMATION UNCV,RTAINTY
ID the application Df the Foundntion'5 a￿￿1]￿B policies, th¢ Trlsteu Are requitrd tu makc judgwents, ¢61imAtes
èlld lkssunwtions thout th¢ carryirtg amouni ofasscts liabilities that ate not readily app4tell¢ from oth¥r $Dun*y.
Th¢ e$bmAt¢g Èrtd &$uciHtcd &5sunJptions ￿ blls¢d on histori¢81 eXp￿i¢ll¢¢ ￿ othe( t&ctOTS ¢onsid¢red ro
bc rclcvant. Actual reSultSTv￿Yd]fyer fromthese
lkn e5tim&t¢5 und¢rl)ryng 48suw11(￿ reviewed on an on80ing b￿L4. RcvisioIL* to awounllng ¢slun8tr5 9
rerogThi8ed in the in which lh¢ estimate ig revised where tbe revision off￿ts only thot period. OT in tht
ofthe rcvisiortand fiiturc Wh¢￿th¢reVISiOn af[￿ts ￿th¢Urre￿and futureperioL.
The Tyustees do not Considtr tbere to bè any ￿lt1(al acryunting e4tirn3*5 and jud8crnents applied th thp wpjrati
ofthe finan¢ia15Pdt¢monts
INVESTMENT INCOME
2022
2021
InYe5tm¢nt income
In*restrt¢eivabie
151,966
All incom¢fYominvthmettts th 2021 and2O22wasUnr¢&trt￿.
IUAlStNG FUNDS
1141SING DONATIONSANDLLGACIES
2022
2021
IDve8tsnen¢ftiw8an¢nt cosr8
24.377
15337
cIL4R￿ABLE ACTIVITIESCOSTS
fundin8of
actisrytips
1se¢no
Support
costs Ise
ot¢ 71
Dircct
Totais
GThntFw￿￿8A¢ti￿ty
2,461
98,441
51.484
152,386
PAgo

Èe&toth bin
rotsLe Yeth I
31 Ma
GILINTS PAYABI.F
2022
2021
Grunt Fund￿Ac11¥liY
98,441
168,075
Thptotlll gr￿n￿ paid to In￿lIU￿(￿S￿Urinsthe Y¢ar￿ a8follows.'
2022
2021
GrnmFundins Activity
98,441
168,075
SVPPORTCOSTS
GrantFurnding Activity
51,4S4
Supportcosw intsludtdth thc abDVC, Btc as foJlow5'.
MANAGLMENT
2022
2021
Gtant
FUndI￿g
ALliWIty
TotAi
acti)ities
L¢gÈl artdptofoxgioualCD8t
Ac￿l￿￿nCY 8¢rvi
Independ￿texaMInerfs fr&¥
De￿¢riationof tangible llTMI hAitgg¢
20.124
22,510
20,000
24.702
3,6
5250
5,250
51.484
53552
TRUSTELS, REMUNkK41'101Y AND BENEFITS
wff¢ no or other b¢ncflts for th¢ yp4r 31 Mgxch 2022 nor for thè ypar end
31 March 2021.
'IRUS'fEES' EXPENSKS
T]￿¢ w¢re rLO forthe y¢ar¢nthd 31 March 2022 nor fortheyeaT W21.
Pll8p9
Conliiiu￿...

COMPARATIVES FOR THESTATEMENTOFFINANCIAL AcrtVll'JES
Unytsttid
fvnd
INCOMiAlitJ RNDOWIM&IY'I'S FROM
Tnv¢strneDtinwm¢
EXIPb.Nl)I'I'UIIV ON
Rai$irtg lu[￿5
15,837
ChArll*bie ieltYlt5ts
Grdnt byndingkntisuty
223275
Tvtsl
239.112
1,067.388
NKTINCOME
gK2269
RECONCILIATYONOFFUNDS
TO￿ bn)llgbttorw*rd
5261,105
TIYI'AL FUNDS CAIUULD Tr￿ftwARD
6243.374
'JANCIBLE FLXEDASSETS
Fr¢cknld
pror
COST
At l Awil 2021 thd31 MaTGh 2022
262,455
DEPRF.CIATION
At l April 2021
Char8e fury¢
46,710
5,250
At71 Mor¢h 2022
51.960
NEI']IIM)K VALU
At 31 Mwh 2022
210,495
At 31 MHrth 2021
215,745
Page 10

. cotttinued
31 M h2(tt2
earE
FL¥EDASSET IN￿TmENTs
Li%tcd
C￿h nl
p)rfolio
Tota]s
MARKCIT VALUE
At l April 2￿21
Addiiiws
Dispo￿ts
Ilev41uaiions
5,851,6?0
169,S89
5.895.821
16.444
308,8S¥)
308,8
At31 Alarth 2022
6,170,533
23,083
NETBOOK VALUE
At 31 March 2022
23,083
At 31 Marth 2fr21
Th¢lEW¢￿ no inv¢stmellt&gsets ￿ltsidE theUK.
t Orvall￿tIon )t 31 Marth 2W22 i% rey¢s¢ntcdby.
Listed
investments
CaBh i
Totals
Valuation Th 2022
6,170,53J
23,083
The pothlio wrnprise&4131 M8reh 2022 £356,83612n21.. £340,016lofUK Listrdcquities,£347.322
12021.. £325,308) of noA-UK L15trd ¢quitie& £90,170 12021." £95J591 ofUK fixed int¢r¢sl investll￿￿, £5,278,196
(2021". £5.090.6391 of UK index I￿k￿ thV¢Skncnts, £67,228 12021- Nil) uf&lt¢mAiive a￿ts, £30,581 12021 - NJI
ofUKproperty.
Th¢￿ were no inv￿lMents¢0mprl8llj¥0ftU0JEthaTr 510 ofth¢portfi)lio.
P4gell
QDiiniigJ...

Btham
otest th fi
2022
12.
CR￿ DI'I'OiIS.' AMOUNTS FALLING Duty. WITHIN ONE YEAR
2022
2021
TAkntsurta￿isW￿
OthercreJitord
314
13.463
I I,J49
CR&DrroRS.. AMOUNTS FALT.ING DUE AYI'KR MORETHAN 014E YL4R
2022
2021
Ihhercredittsrs
20334
28,834
14.
MOVEMEKr tN FUNDS
Not
rnovement
At
31.3.22
Ai 1.4.21
Gene￿ fund
6,243,374
296,995
6J40.369
TOTAL FVNDS
6,243,374
296,995
6,540,369
Net[nOv¢rn￿t in fu￿, included inthe 8boveareas follows..
ltteotiMn8
Te8oMire5
RcsOUr￿
expendwj
Gains4lld
Movern¢nt
in funds
Unrf4trf¢led [￿￿d5
151,966
1176,7631
321,792
296,995
TOTAL FUNDS
321,792
296,995
CoMp*tativts tor mDVtllitht]￿
N¢t
At
At 1.4.20
in lund5
Unreslricled
fund
982,269
6,243,374
TOTAL FVNDS
5261,105
982.269
6243,374
PaB¢ 12
eorttinued.,,

Jham
ntF
forthEY
31 Mar
14.
MOVEMEh'T IN PVNDS.￿￿UrtttÉd
Comp8Ntiyc twmov¢mLtt in fund8, irt¢liKlcd inthE&knvo follows..
]tt¢Omittg
royourr¢s
Rcsourc
expend
GaiD8 ond
losgts
Movcmthit
in fvnd8
UTrre5trleled fwllds
153,993
1239,1121
1,067.388
82269
T(YfAL FUND$
153,993
1.067,388
,269
AcuTreniye4r 12 months Andwioryw 12 mDnthscoJthinedpfy3ition is ￿folloWs..
N¢t
rnOVGmeDt
At 1.4.20
31.3.22
Generul fvnd
5261,105
1,279,264
6yO,369
roTAL FLQ¥DS
5261,105
1,279264
6540,369
A turrtrtt ytat 12 months and prioT y¢or 12 months combina nct movemeth irt funds, iDo]udEd in the ab)ve EYC a8
follows..
OnJiOB Gains Movethcrtt
ex￿￿￿kd
10s8es
In fvnd8
Unre5trlciedfundi
Gertetal f
305,959
1279,264
TOTAL FUNDS
305,959
1279,2fy1
Pag¢ IJ
continud...

Bayhtsm B
Icrtt F
IrthBYear
31 M
RELATKDPARTY DISCLOSURES
MrMeuokAod MrG Might ar¢com$id¢rtd r¢lAt¢d partiEYE5 D r¢8ultof thpTru8*eg intye8t inthLWC entities.
Durin8 ihe yvdr Mr G Fli8ht ￿￿tiVed £24.055 uicluding VAT vf £4,(K)9 12021,. £24,000) for accounian¢y, advisory
a￿lConSUltan4Ystn￿¢B￿.
Dutingthrycatmr M CoDk[E￿IVCd£2￿124l202].' £20,￿￿0) forleB4J ar￿ prof&%sioJ￿l &c￿lce8.
There wcr¢ tto Amowits owthgatth¢yeArtLd.
P48¢14

ntFoun
2022
INCOME ￿NI)OwM￿.NTS
InY¢%l]nentliicome
IllvL%tment tiicornc
lrttctwtr¢ttivabl¢
310
151966
153,993
TolAllnComlDgre￿U￿ts
151,966
153,993
EXPb.NDI'fvH8
don•tlDD5 8nd l¢ggcle5
Inv¢s¢men¢tnAnA¥¢m¢nEcosts
24J77
15,837
.harltsbloAcdvltlei
Iosutance
Sundries
h9￿k¢h￿rE¢S
Grants t(Trinstitutio
1.487
900
74
98,441
1,334
258
56
168,075
100J02
169,723
Support
MsnBg¢m¢nt
Leg414nd proftsyionalCDSt
Awunt3ncys¢rvir¢s
Tndependentexatninerfs fe
FrccbDldptQt*ty
20,124
22510
20.OiK
24,702
5250
51,484
53.552
Total resourcesexpujded
176,763
N¢t¢xpendltllre bef•regAlns a￿dID#S
124,7971
Reg]tsod lossts
Realised sain￿lI05$C￿I on f￿¢d a5￿t inve5then15
321,792
I,Q67,388
296,995
982269
Thisp8g¢doesDOt fonnp4rtofth¢stthtory rj]Mll¢i￿ St&te[￿￿t￿
Page 15