| RECEIPTS AND PAYMENTS | ACCOUNT FOR TH | E YEAR ENDED | 31MAY 202 | 3 | |
|---|---|---|---|---|---|
| INCOME FUND | 2023 | 2022 | |||
| Income Receipts: | |||||
| Income from listed securities | 37690 | 33840 | |||
| Income from deposits | 82 | 17 | |||
| Other income | 300 | ||||
| Total receipts | 38072 | 33857 | |||
| Direct Charitable Expenditure: |
|||||
| Grants to charities | 28925 | 30525 | |||
| Other expenditure | |||||
| Management fee |
4786 | 5191 | |||
| Accountancy charges |
5160 | ||||
| 9946 | 5191 | ||||
| Total payments | 38871 | 35716 | |||
| Net (payments)/receipts for the |
year | (799) | (1859) | ||
| Cash in the hands ofinvestment | managers | ||||
| and at bank at 1 June 2022 | 158069 | 159928 | |||
| Cash in the hands ofinvestment | managers | ||||
| and at bank at 31 May 2023 | 157270 | 158069 | |||
| CAPITAL FUND | |||||
| Receipts | |||||
| Proceeds ofdisposal ofinvestments | 77475 | 53699 | |||
| Payments | |||||
| Purchase ofinvestments | 85291 | 45824 | |||
| Net receipts/(payments) | (7816) | 7875 | |||
| Cash in the hands ofinvestment | managers | ||||
| and at bank at 1 June 2022 | (32680) | (40555) | |||
| Cash in the hands ofinvestment | managers | ||||
| and at bank at 31May 2023 | (40496) | (32680) |
| 2023 | 2022 | 2022 | ||||
|---|---|---|---|---|---|---|
| Income | ~Ca ital | Income | ~Ca ital | |||
| Fund | Fund | Fund | Fund | |||
| Monetary | assets: | |||||
| Bank balances | 156186 | (47876) | 157720 | (48157) | ||
| Cash at | investment | managers | 1084 | 7380 | 349 | 15477 |
| 157270 | (40496) | 158069 | (32680) | |||
| Debtors | ||||||
| Other assets: | ||||||
| Investments | 1329093 | 1363769 | ||||
| Liabilities: | ||||||
| Accruals | 3398 | 5962 |