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2023-03-31-accounts

Page
Reference and Administrative
Details
Report ofthe Trustees 2 to 3
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 7 to 12
Detailed Statement ofFinancial Activities 13

2023 2022
Unrestricted Total
fund funds
Notes
INCOME AND ENDOWMENTS FROM
Investment
income		 171,170 151,966
EXPENDITURE ON
Raising funds 25,703 24,377
Charitable
activities
Grant Funding Activity 285,386 152,386
Total 311,089 176,763
Net gains/(losses)
on investments		 (432,860) 321,792
NET INCOME/(EXPENDITURE) (572,779) 296,995
RECONCILIATION OFFUNDS
Total funds brought forward 6,540,369 6,243,374
TOTAL FUNDS CARRIED FORWARD 5,967,590 6,540,369
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2023 2022
Unrestricted Tatal
fulld funds
Notes
FIXEDASSETS
Tangible assets
Investments		 10
11		 205,245
5,737,841		 210,495
6,193,616
5,943,086 6,404,111
CURRENT ASSETS
Cash at bank 46,843 168,441
CREDITORS
Amounts
falling due within one year		 (9,505) (11,349)
NKT CURRENT ASSETS 37,338 157,092
TOTAL ASSETSLESS CURRENT
LIABILITIES 5,980,424 6,561,203
CREDITORS
Amounts
falling due after more than one year		 13 (12,834) (20,834)
NETASSETS 5,965,590 6,540,369
FUNDS 14
Unrestricted
funds		 5,967,590
TOTAL FUNDS 5,967,590 6,540,369

2023 2022
Investment income 171,030 151,950
Interest receivable 140 16
171,170 151,966
All income &om investments in 2022 and 2023 was unrestricted,
4. RAISING FUNDS
RAISING DONATIONS AND LEGACIES
2023 2022
Investment management costs 25,703 24,377
5. CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities Support
Direct (see note costs (see
Costs 6) note 7) Totals
E
Grant Funding Activity 1,921 231,192 52,273 285,386
6. GRANTS PAYABLE
2023 2022
Grant Funding Activity 231,192 98,441
The total grants paid to institutions during the year was as follows:
2023 2022
Grant Funding Activity 231,192 98,441
7. SUPPORT COSTS
Management
Grant Funding Activity 52,273

2023 2022
Grant
Funding Total
Activity activities
Accountancy services 21,748 22,510
Independent examiner's fees 3,600 3,600
Property repahs 1,675
Administrative services 20,000 20,124
Depreciation oftangible and heritage assets 5,250 5,250
52,273 51,484

COMPARATIVES F OR THE STATEMENT OFFINANCIAL ACT IVITIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Investment
income		 151,966
EXPENDITURE ON
Raising funds 24,377
Charitable
activities
Grant Funding Activity 152,386
Total 176,763
Net gains on investments 321,792
NET INCOME 296,995
RECONCILIATION OFFUNDS
Total funds brought forward 6,243,374
TOTAL FUNDS CARRIED FORWARD 6,540,369

Freehold
property
COST
At 1 April 2022 and 31March 2023 262,455
DEPRECIATION
At 1 April 2022 51,960
Charge for year 5,250
At 31March 2023 57,210
NET BOOKVALUE
At 31March 2023 205,245
At 31March 2022 210,495
FIXEDASSETINVESTMKNTS
Listed Cash in
investments portfolio Totals
MARKET VALUE
At 1 April 2022 6,170,533 23,083 6,193,616
Additions 122,131 131,162 253,293
Disposals (145,277) (145,239) (290,516)
Revaluations (418,552) (418,552)
At 31March 2023 5,728,835 9,006 5,737,841
NET BOOKVALUE
At 31March 2023 5,728,835 9,006 5,737,841
At 31March 2022 6,170,533 23,083 6,193,616
There were no investment assets outside the UK.
Cost or valuation
at 31March 2023 is represented		 by:
Listed Cash in
investments portfolio Totals
Valuation
in 2023		 5,728,835 9,006 5,737,841
12. CREDITORS: AMOUNTS CREDITORS: AMOUNTS FALLING DUE WITHIN ONE FALLING DUE WITHIN ONE FALLING DUE WITHIN ONE YEAR
2023 2022
Taxation and social security 320 314
Other creditors 9,185 11,035
9,505 11,349
13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
Other creditors 12,834 20,834
14. MOVEMENT IN FUNDS
Net
movement At
At 1,4.22 in funds 31.3,23
Unrestricted funds
General fund 6,540,369 (572,779) 5,967,590
TOTAL FUNDS 6,540,369 (572,779) 5,967,590
Net movement in funds, included in the above are as follows:
Incoming Kesources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 171,170 (311,089) (432,860) (572,779)
TOTAL FUNDS 171,170 (311,089) (432,860) (572,779)
Comparatives for movement in funds
Net
movement At
At 1,4,21 in funds 31.3,22
Unrestricted funds
General fund 6,243,374 296,995 6,540,369
TOTAL FUNDS 6,243,374 296,995 6,540,369

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 151,966 (176,763) 321,792 296,995
TOTAL FUNDS 151,966 (176,763) 321,792 296,995
Net
movement At
At 1.4,21 in funds 31.3,23
Unrestricted funds
General fund 6,243,374 (275,784) 5,967,590
TOTAL FUNDS 6,243,374 (275,784) 5,967,590
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 323,136 (487,852) (111,068) (275,784)
TOTAL FUNDS 323,136 (487,852) (111,068) (275,784)

Detailed Statement ofFinancial Activities
for the Year Ended 31March 2023
2023 2022
INCOME AND ENDOWMENTS
Investment
income
Investment
income
Interest receivable		 171,030
140		 151,950
16
171,170 151,966
Total incoming
resources		 171,170 151,966
EXPENDITURE
Raising donations
and legacies
Investment
management		 costs 25,703 24,377
Charitable
activities
Insurance
Sundries		 1,530
294		 1,487
900
Bank charges 97 74
Grants to institutions 231,192 98,441
233,113 100,902
Support costs
Management
Accountancy
services
Independent
examiner's		 fees 21,748
3,600		 22,510
3,600
Property repairs 1,675
Administrative
services
Freehold property		 20,000
5,250		 20,124
5,250
52,273 51,484
Total resources expended 311,089 176,763
Net expenditure
before		 gains and losses (139,919) (24,797)
Realised recognised
gains and losses
Realised gains/(losses)
on fixed asset investments		 (432,860) 321,792
Net (expenditure)/income (572,779) 296,995