| RECEIPTS AND PAYMENTS | RECEIPTS AND PAYMENTS | ACCOUNT FOR TH | E YEAR ENDED | 31MAY 202 | 2 |
|---|---|---|---|---|---|
| INCOME FUND | 2022 | 2021 | |||
| Income Receipts: | |||||
| Income from | listed securities | 35204 | 32947 | ||
| Income from | deposits | 517 | 852 | ||
| Total receipts | 35721 | 33799 | |||
| Direct Charitable | Expenditure: | ||||
| Grants to charities | 31185 | 34075 | |||
| Other expenditure | |||||
| Management | fee | 5419 | 5334 | ||
| Accountancy | charges | 2520 | 7939 | 5040 — 10374 |
|
| Total payments | 39124 | 44449 | |||
| Net (payments)/receipts for the |
year | (3403) | (10650) | ||
| Cash in the hands | ofinvestment | managers | |||
| and at bank at | 1 June 2021 | 181878 | 192528 | ||
| Cash in the hands | ofinvestment | managers | |||
| and at bank at | 31May 2022 | 178475 | 181878 | ||
| CAPITAL FUND | |||||
| Receipts | |||||
| Proceeds ofdisposal ofinvestments | 41898 | 46781 | |||
| Payments | |||||
| Purchase ofinvestments | 38986 | 105978 | |||
| Net receipts/(payments) | 2912 | (59197) | |||
| Cash in the hands | ofinvestment | managers | |||
| and at bank at | 1 June 2021 | (61164) | (1967) | ||
| Cash in the hands | ofinvestment | managers | |||
| and at bank at | 31May 2022 | (58252) | (61164) |
| 2022 | 2022 | 2021 | 2021 | ||
|---|---|---|---|---|---|
| Income | ~Ca ital | Income | ~Ca ital | ||
| Fund | Fund | Fund | Fund | ||
| Monetary assets: | |||||
| Bank balances | 178038 | (68587) | 181306 | (74121) | |
| Cash at investment | managers | 437 | 10335 | 572 | 12957 |
| 178475 | (58252) | 181878 | (61164) | ||
| Debtors | 115 | ||||
| Other assets: | |||||
| Investments | 1418533 | 1449367 | |||
| Liabilities: | |||||
| Accruals | 3460 | 3431 |