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2023-04-05-accounts

Page
REPORT OF THE TRUSTEES 1-3
REPORT OF THE INDEPENDENT EXAMINER
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
NOTES TO THE FINANCIAL STATEMENTS 7-9

Unrestricted
Fund Total
Notes 2023f 2022
INCOME & EXPENDITURE
Income and endowments from:
Investments 29,535.51 26,482
Other sums received 291
Total income and endowments 29,535.51 26,773
Expenditure
on:
Charitable
expenditure
Grants 20,500.00 26,250
Support costs 3,558.00 3,720
Total expenditure 24,058.00 29,970
NET INCOME/EXPENDITURE 5,477.51 (3,197)
Net (losses)/gains
on investments
(32,229.35) 38,342
Net (expenditure)/income (26,751.84) 35,145
Reconciliation
offunds
Fund balances
brought
forward
577,938.16 542,793
Total funds carried forward at 5April 2023 6 551,186.32 5577,938

Movements
on quoted
investments
were as follows: 2023f 2022
F
Market value brought
forward
560,949.47 521,821
Add
acquisitions
at cost
787
Net gain/(loss)
on revaluation
(32,229.35) 38,341
Market value at year end 6 528,720.12 E560,949
Historic cost value at year end 6302,047 E301,118

All investme n ts
are situated
in the UK and listed on a
ts
are situated
in the UK and listed on a
ts
are situated
in the UK and listed on a
recognised stock exch ange. ange. ange.
Investments which represent 5%or more ofthe total portfolio are considered by the Trustees to be material
and are:
2023 2022
M 8 G Charifund - Income Units 96.28% 96.48%
4. Investment income
2023 2022
6 E
Income from UK investments 629,535.51 F26,482
5. Movement in Funds
2023 2022
E E
Unrestricted Funds
General
fund
Fund value brought forward 577,938.16 542,793
Add:
Net movement
in funds
(26,751.84) 35,145
Fund value at year end 6551,186.32 E577,938
Net movement
in funds (above), arises as follows:
2023 2022
F E
Unrestricted Funds
General
fund
Income 29,535.51 26,773
Gains and losses (32,229.35) 38,342
(2,693.84) 65,115
Less: Expenditure 24,058.00 29,970
F (26,751.84) E35,145