2023-03-31-accounts

					PAGES
Trustees'	annual report	(incorporating	the	director's report)	I to 3
Independent examiner's		report to the	trustees
Statement	offinancial	activities (including		income and expenditure
account)
Statement	offinancial	position
Notes to	the financial	statements			7 to 14

			YEA	R ENDED	31MAR	CH 2023	CH 2023
						2023		2022
						Unrestricted
						funds	Total funds	Total funds
					Note
Income and endowments
Investment income					5	]80,379	180,379	176,931
Total income						180,379	180,379	176,931
Expenditure
Expenditure on	raising funds:
investment	management		costs		6	(53,004)	(53,004)	(97,781)
Expenditure on	charitable	activities			7,8	(674,913)	(674,913)	(896,277)
Total expenditure						(727,917)	(727,917)	(994,058)
Net expenditure	and net	movement		in funds		(547,538)	(547,538)	(817,127)
Reconciliation	offunds
Total funds brought forward						4,994,883	4,994,883	5,812,010
Total funds carried forward						4,447,345	4,447,345	4,994,883

		31MARCH 2023	31MARCH 2023
			2023		2022
		Note
FIXEDASSETS
investments		15		3,813,000		3,813)000
CURRENT ASSETS
Debtors		16	76,538		163,830
Cash at bank and in hand			598)778		1,070,723
			675,316		1,234,553
CREDITORS: amounts	falling due
within one year		17	(40,971)		(52,670l
NET CURRENT ASSETS				634&345		1,181,883
TOTAL ASSETSLESS	CURRENT
LIABILITIES				4)447)345		4,994,883
NET ASSETS				4,447,345		4,994,883
FUNDS OF THE CHARITY
Unrestricted funds				4,447,345		4,994,883
Total charity funds		19		4,447,345		4,994,883

						Unrestricted	Unrestricted	Total Funds	Unrestricted	Total Funds
							Funds	2023	Funds	2022
	Property revenue Loan interest receivable						173,179 7,200	173,179 7,200	168,889 8,042	168,889 8,042
							180,379	180,379	176,931	176,931
6.	INVESTMENT MANAGEMENT				COSTS
						Unrestricted		Total Funds	Unrestricted	Total Funds
							Funds	2023	Funds	2022
										s
	Investment	property	management	costs			53,004	53,004	97,781	97,781
7.	EXPENDITURE ON CHARITABLE					ACTIVITIES BYFUND TYPE
						Unrestricted		Total Funds	Unrestricted	Total Funds
							Funds	2023	Funds	2022
	Grants paid Support costs						668,522 6,391	668,522 6,391	887,310 8,967	887,310 8,967
							674,913	674,913	896,277	896,277
8.	EXPENDITURE ON CHARITABLE					ACTIVITIES BYACTIVITY TYPE
						Grant	funding		Total funds	Total fund
						ofactivities		Support costs	2023	2022
	Grants paid Governance	costs					668,522	6,391	668,522 6,391	887,310 8,967
							668,522	6,391	674,913	896,277
9.	ANALYSIS OF SUPPORT COSTS
								Support Costs	Total 2023	Total 2022
	Governance	costs						6,391	6,391	8,967

ANALYSIS OF GR	ANTS
		2023	2022
GRANTS TO INSTITUT1ONS
Support ofeducation	and relief ofpoverty	668,522	887,310
Total grants		668,522	887,310

Achisomoch	Aid Company	Limited	663,500
Other donations			5,022
			668,522

11.	NET EXPENDI	NET EXPENDI	TURE
	Net expenditure		is stated	after charging/(crediting):
						2023	2022
	Fees payable	for	the audit	ofthe financial	statements		6,000
12.	INDEPENDENT		EXAMINATION FEES
						2023	2022
	Fees payable	to the independent examiner			for:
	Independent	examination		ofthe financial	statements	6,000

		Investment
		properties
Fair value
At 1 April	2022 and 31March 2023	3,813,000
Carrying amount At 31March 2023		3,813,000
At 31 March 2022		3,813,000

DEBTORS
		2023	2022
Trade debtors		21,029	17,400
Prepayments Other debtors	and accrued income	40,509 15,000	59,980 86,450
		76,538	163,830

CREDI	TORS: a	moun	ts falling due within one ye	ar
				2023	2022
Trade creditors					l85
Accruals	and deferred		income	25,944	37,631
Other creditors				15,027	14,854
				40,971	52,670
DEFERRED INCOME
				2023	2022
				r.
Amount	deferred	in year		14,112	15,099

	Unrestric	te	d	funds
																At
												At			31March 20
									1 April 2022				Income		Expenditure	23
	General	funds								4,994,883			180,379		(727,917)	4,447,345
																At
												At			31 March 202
									1 April 2021				Income		Expenditure	2
	General	funds								5,812,010			176,931		(994,058)	4,994,883
20.	ANALYSIS OF NET ASSETS							BETWEEN			FUNDS
															Unrestricted	Total Funds
															Funds	2023
															f.
	Investments														3,813,000	3,813,000
	Current	assets													675,316	675,316
	Creditors		less	than	I	year									(40,971)	(40,971)
	Net assets														4,447,345	4,447,345
															Unrestricted	Total Funds
															Funds	2022
	Investments														3,813,000	3,813,000
	Current	assets													1,234,553	1,234,553
	Creditors		less	than	1	year									(52,670)	(52,670)
	Net assets														4,994,883	4,994,883
21.	FINANCIAL			INSTRUMENTS
	The carrying			amount		for each	category		of financial			instrument		is as follows;
															2023	2022
	Financial		assets that are debt instruments								measured		at amortised		cost
	Financial		assets that			are debt instruments			measured			at	amoitised
	cost														76,538	163,830
	Financial		liabilities			measured		at amortised			cost
	Financial		liabilities		measured		at	amoitised		cost					40,971	52,670