2022-12-31-accounts

				Expendable	Unrestricted	2022	2021
				Endowment	Income	Total	Total
			Note	Funds	Funds
Income and endowments:					6	6
Income from investments Rebates on investment management Total income and endowments		costs	3	71,688.93 71,688.93	268,640.50 268,640.50	268,640.50 71,688.93 340,329.43	273,507 ?1,757 345264
Expenditure on:
Costs ofraising funds
Investment management Charitable activities Total expenditure	costs		4 5	53,240.75 53,240.75	276,535.78 276,535.78	53~.75 276535.78 329776.7753	53,329 316,981 3?0.310
Net gains/(losses) on investments Net income/(expenditure)			6	~127763363 ~525618545	. ~785528	~$27763163 ~267566673	609,172 584,126
Net movement in funds				(1,259,185A5)	( 7,895.28)	(1,267,080.?3)	584,126
Reconciliation offunds
Total funds brought forward Total funds carried forward			8	10,376,044.59 9,116,859.14	22'l,107.00 2'l3,211.72	10597,1518I9 9330070.86	10013026 10.597,152

			Note		2022		2021
						E	6
Fixed assets
Listed investments	at market value				9,324,549.19		10,578,773
Total fixed assets					9,324,549.19		10,578,773
Current assets
Balance with investment		managers		88.13		4,963
Balance at CAF Bank				8,583.84		16,116
Total current assets				8,671.97		21,079
Current liabilities
Creditors: Amounts	falling	due within one year	7	3,150.30		2,700
				3,150.30		2,700
Net current assets					5,521.67		18,379
Total net assets					9,330,070.86		10,597,152
The funds ofthe charity:
Expendable endowment		funds (page 7)			9,116,859.14		10,376,045
Unrestricted income funds (page 7)					213,211.72		221,107
Total charity funds					9,330,070.86		10,597,152

3.	Investment income	Investment income					2Q22	2021
							E	E
	Dividends Deposit interest						268,459.99 180.51	273,502 5
							268,640.50	273,507
4.	Costofgenerating	funds					2022	2021
							E	E
	Investment management LEIfees		charges				53,199.89 40.86	53.290 40
							53,24Q.75	53,330
	The investment	management		costs are aa attributable	to endowment	funds.
.	Charitable acaviTies						2022	2021
							E	E
	Charitable activities						276,535.78	316,981
	The breakdown	ofcharitable		activities isas follow:
							2022	2021
							E	E
	Grants - seepages 14to		15				250,000.00	292,000

Governance	casts			2022	2021
				E	E
Expendable	endowment funds
Accountancy	charges - Capital
Unrestrictecf	income funds
Accountancy	charges - Income			1o,aao.aa	10.680
Audit fee Non-Trustee	Secretan/s Honorarium	(note below)		2,970.00 8,117.05	2,820 7,534
				21487.05	21,034
Note:
The Non-Trustee Secretaire Honorarium			for 2021 totalling f8,117.05includes 12payments.

Administmtion	costs		2022	2021f
General administration expenses Subscriphon paid to Association ofCharitable		Foundations	4,170.48 669.00	3,148 650
Bank charges			109.25	149
			4,948.73	3.047
Total Charitable	activlaes		276,535.78	316,981

Comparative fund split
				Expendable	Unrestricted	2021
				Endowment	Income	Total
			Note	Funds	Funds
Income and endowments:					E
Income from investments					273,507	273,507
Rebates on investment management		costs		71,757		71,757
Total income and endowments				71,757	273,507	345 264
Expenditure on:
Costs of raising funds
Investment management	costs			53,329		53,329
Charitable activities					316,981	316981
Total expenditure				53,329	316,981	370,310
Net gains/(losses) on investments				609,172		609,172
Net income/(expenditure)				627,600	43,474	584,126
Net movement in funds				627,600	( 43,474)	584,126
Reconciliation offunds
Total funds brought forward				9,748,445	264581	10013026
Total funds carried forward				10,376,045	221,107	10,597,152

r Charities in accordance with criteria in the Trustees'	Report (continued)
Brought forward Shelter Scotland SSAFA Shoke Association StAndrew's Hospice Teenage Cancer Trust	153,000.00 5,000.00 10,000.00 5,000.00 5,000.00 5,000.00
Young Enterprise Scotland	5000.00
	888 DDO.OD
Total	250,000.00