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||||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|
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|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||
##
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##
|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|