2023-09-30-accounts

			Total Funds	Total Funds
		Notes	2023	2022
			E	E
INCOIVIE
Incoming resources from generating	funds:
Investment income			259,731	256,525
TOTAL INCOME			259,731	256,525
EXPENDITURE
Costs ofcharitable activities			(255,658)	(256,440)
TOTAL EXPENDITURE			255,658)	(256,440)
NET INCOME AND NET MOVEMENT	IN FUNDS
before gains and losses on investments			4,073	85
Net gains / (losses) on investments			113,763	(552,794)
NET MOVEMENT IN FUNDS			117,836	(552,709)
RECONCILIATION OF FUNDS
Total unrestricted funds brought forward			8,730,025	9,282,734
TOTAL UNRESTRICTED FUNDS
CARRIED FORWARD		9,10E	8,847,861	8,730,025

2	INVESTMENTS		Market	Value	Market	Value
			30.09.23		30.09.22
	Analysis ofinvestments		'Yo	f	/
	Units in COIF Charities Investment	Fund	100	8,772,478	100	8,658,715
	Market Value brought forward			8,658,715		9,211,509
	Gain/(Loss) in year			113,763		(552,794)
	Market Value carried forward			8,772,478		8,658,715

					2023	2023	2022	2022
	Overseas Equities					63.3		58.3
	UK Equities					8.2		8.7
	Property/Other	Assets				16.9		18.3
	Fixed Interest					8.7		4.1
	Cash					2.9		10.6
						100.0		100.0
	All investments	are held with	CCLA.	CCLA hold shares for a number oforganisations		in a pooled	fund. The split	ofthis
	fund is unable to be identified		directly forthe trust.
	Movement ofinvestments			Book Value	Market	Value	Unrealised
				f	f		f
	Investments at	30September	2022	5,869,510	8,658,715		2,789,205
	Investments at	30September	2023	5,869,510	8,772,478		2,902,968
3	INVESTMENT INCOME					2023		2022
						f		f
	Distributions from COIF Investment			Fund	258,243		256,299
	Deposit interest and other income				1,488			226
					259,731		256,525

5	CHARITABLE	ACTIVITIES							2023	2022
									f
	Grants made								231,100	234,600
	Governance	costs:
		Auditor's fees							3,000
		Independent	examination			fees				2,520
		Correspondent's		fees (Note 7)					21,258	19,008
	Sundry expenses								300	312
									255,658	256,440
	1.The grants	made during the year amounted					tof231,100(2022:	E234,600).
	2.Material grants made during the year:
		Greggs Foundation f5,000				per quarter (F20,000 in total)
		Funding information			North	East E4,000(4 Payments		ofE1,000)
	3.Summary	ofgrants made	during		the year:
									No.	Total value
										f
		Social Welfare							53	57,000
		Youth charities							49	49,000
		Disabled/Elderly							46	44,100
		Education/Arts							35	36,000
		Greggs Foundation							4	20,000
		BAME							7	6,000
		Women's charities							8	9,000
		Environment							10	10,000
									212	231,100
	4.Value ofindividual grants made during					the year:
									No.	Total value
		E5,000							4	20,000
		f2,000							23	46,000
		E1,500							0	0
		E1,000							146	146,000
		E500							38	19,000
		E100							1	100
									212	231,100

6	NET INCOMING RESOURCES FOR THE YEAR		2023		2022
	This is stated after charging:
			E
	Auditor's fee		3,000
	Independent Examiner's fee				2,520
7	KEY MANAGEMENT PERSONNEL AND TRUSTEE REMUNERATION		AND EXPENSES
	The key management personnel ofthe charity comprises	solely of	the trustees. Afee ofE1,584per month was		paid
	to Pauline Dodgson, one ofthe trustees, in recognition of	her work as correspondent to the trust. Ms Dodgson
	retired from the trust on 23October 2023 and Mrs Gillian	Rolt took over the position. There was a handover		period
	of3months when Mrs Rolt was paid f750 per month before assuming the full time position.
	Payment ofsuch fees are allowed under the terms ofthe	governing	document ofthe Trust.
	Trustee remuneration in respect ofthese services rendered for the		year end 30September 2023 was f21,258		(2022:
	E19,008).At 30September 2023, no amounts were owing	in respect ofthis work (2022:ENil).

THE HADRIAN	TRUST				NOT PART OF ACCOUNTS SET
CAPITAL ACCOUNT FOR THE YEAR ENDED 30SEPTEMBER2023					2023		2022
					E		f
Balance at	30September 2022				8,730,025		9,282,734
Increase/(Decrease) in cumulative		unrealised	profit on investments		113,763		(552,794)
Transfer from income account					4,073		85
BALANCE AT30SEPTEMBER 2023				f	8,847,861	E	8,730,025
							Cumulative
MOVEMENT OF	INVESTMENTS - SUMMARY				Market		Unrealised
			Cost		Value		Profit (Loss)
			f		f		E
Investments	at 30September 2022		5,869,510		8,658,715		2,789,205
Investments	at 30September 2023		5,869,510		8,772,478		2,902,968
INCOME					2023		2022
					E		E
Dividends and interest on investments					259,731		256,525
					259,?31		256,525
OUTGOINGS
Correspondent's fees					21,258		19,008
Professional	charges				3,000		2,520
Other Expenses					300		312
					24,558		21,840

INCOME ACCOUNT FOR THE YEAR ENDED 30SEPTEMBER2023	INCOME ACCOUNT FOR THE YEAR ENDED 30SEPTEMBER2023
		2023	2022
		f	f
NET INCOME FOR THE YEAR		235,173	234,685
INCOME AVAILABLE FOR DISTRIBUTION		235,173	234,685
GRANTS TO CHARITIES		(231,100)	(234,600)
EXCESSOF AVAILABLE INCOME OVER	GRANTS
COVERED BYTRANSFER TO/(FROM)	CAPITAL ACCOUNT	4,073	85