## ## ## ## |Contents|| |---|---| ||Pages| |Reference and administrative
information|| |Trustees'
report|2-3| |Independent
Examiner's
report|4| |Statement
offinancial activities|S| |Balance sheet|6| |Statement of cash flows|7| |Notes to the financial statements|8-12| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |YEAR ENDED 2|8|FEBRUARY|2023||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|funds|Total|Total| |||||Income|Capital|Funds|Funds| ||||Note|||2023f|2022| |Income from:|||||||| |Investments|||3,3|45,191||45,191|33,458| |Charitable
activities|||||||| |Book income received|||9|150||150|52| |Grants repaid|||7.3||||1,213| |Total income||||45,341||45,341|34,723| |Expenditure
on:|||||||| |Charitable
activities|||||||| |Grants authorised||in year|7.1|21,650||21,650|56,150| |Management
of||property asset|2|912||912|3,570| |Support costs||||8,840||8,840|7,231| |Total expenditure||||31,402||31,402|66,951| |Net gains/(losses)|on investments||3.2||34,329|34,329|113,425| |Net income/(expenditure)||||13,939|34,329|48,268|81,197| |Transfer between||funds|||||| |||||13,939|34,329|48,268|81,197| |Reconciliation
offunds:|||||||| |Total funds brought||forward||417|1,628,699|1,629,116|1,547,919| |Total funds carried|forward|||14,356|f 1,663,028|E '1,677,384|a 1,629,116| ## ## ## |BALANCE SHEET
AS AT28 FEBRUARY|2023|||||||| |---|---|---|---|---|---|---|---|---| |||||Unrestricted|Funds|TOTAL||TOTAL| |||||Income|Capital|Funds||Funds| |||||||2023||2022| |||Nate||||f||| |FIXEDASSETS||||||||| |Tangible assets - freehold|property|||0|200,000|200,000||200,000| |Investments||||0|1,435,978|1,435,978||1,424,616| |Programme-related
investments||||254|0|254||254| |||||254|1,635,978|1,636,232||1,624,870| |CURRENT ASSETS||||||||| |Sundry debtors||||15,535|0|15,535||9,351| |Cash at Bank||||28,120|27,050|55,170||59,397| |||||43,655|27,050|70,705||68,748| |CURRENT LIABIl.ITIES||||||||| |Sundry creditors||||20,553||20,553||50,502| |NET CURRENT ASSETS/(LIABILITIES)||||23,102|27,050|50,152||18,246| |||||23,356|1,663,028|1,686,384||1,643,116| |DEFERRED LIABILITIES||||||||| |due after more than|one year|7.5||9,000|0|9,000||14,G00| |TOTAL NETASSETS|||f|14,356|f ].,663,028|f 1,677,384|f|1,629,116| |THE FUNDS OFTHE CHARITY||||||||| |Unrestricted
income funds|||f|14356|f 1663I028|f 1g677g384|f|1,629,116| ## ## ||||||||||||||TOTAL|TOTAL| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||||Funds|Funds| ||||||||||||||2022|2022| |||||||||||||Note|E|| |Cash flows from operating||||activities:||||||||||| |Net cash (used in) operating|||activities||||||||||(72,385)|(30,952)| |Cash flows from investing||||activities:||||||||||| |Investment
income|||||||||||||45/191|33,458| |Decrease/(increase)
in||cash investments|||||||||||22,966|4, 125| ||||||||||||||F68,157|f37,583| |Change
in cash and||cash equivalents||||in|the|reporting|||period||(4,228)|6,631| |Reconciliation ofcash and||||cash equivalents:||||||||||| |Total brought
forward|||||||||||||84,396|77,765| |Total carried forward|||||||||||||F80,168|684,396| |NOTES||||||||||||||| |A|Net cash provided
by|||(used in) operating|||||activities|||||| ||Net income/(expenditure)||||for the reporting|||period (Page 5)|||||48,268|81,197| ||Adjustments
for:|||||||||||||| ||Investment|income|||||||||||(45,191)|(33,458)| ||(Increase)|/decrease|||in investments|||(unreaiised)|||||(34,329)|(113,425)| ||(Increase)/decrease||||in debtors||||||||(6,184)|118| ||Increase/(decrease)||||in creditors||||||||(3t/949)|34,616| ||||||||||||||Z(72,385)|E(30/952)| |8|Analysis
of'cash and||cash equivalents|||||||||||| ||Bank balances:|RBS|||||||||||3,121|12,318| |||CAF Bank|||||||||||52,047|47,078| ||Notice deposits (less than||||3 months):|||||||||| |||CAF 60 Day Account|||||(wIth|shawbrook||8ank)|||25,000|25/000| ||||||||||||||680,168|E84,396| ## ## ## ## ## ## |3.2|At 28 February 2023the investments|w|e|re he|ld a|s follows:-||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||2023||||2022|||| ||||||Historical|||Market|||Historical|||Market| |||||||Cost||Valuef|||Costf|||Valuef| ||BlackRock Charities
UK Equity Fund
IFSL CAF UK Equity Fund 8 Income
SUTL Cazenove Charity
Equity Fund
CCLA COIF Ethical Investment
Fund|A Income
A Income||||127,645
170,289
175,000
220,000||312,388
289,661
298,667
338,705|||127,645
170,289
175,000
220,000|||296,640
280,653
285,930
341,869| ||United Trust Bank 12 month deposit|||||85,000||85,000|||85,000|||85,000| ||CAF 60 Day Account
Close Brothers 12 Month Account|||||25,000
86,557||25,000
86,557|||25,000
84,524|||25,000
84,524| ||CAF 12 Month Account||||f|0
889,491|E|0
1,435,978|r.||25,000
912,458|I||25,000
1,424,616| ||The carrying
amounts
ofthe investments|||are|reconciled as||follows:|Total||Investment|||Deposits|| ||||||||||||Fundsf|||Heldf| ||Balance at 28 February 2022|||||||1,424,616|||1,205,092|||219,524| ||Net gains/(losses)
on revaluationltra
Balance at 28 February 2023|||nsfers|||E|11,362
1,435,978||f|34,329
1,239,421||E|(22,967)
196,557| |3.3|Investment
income for the year is received gross|||||and comprises:||||||||| ||||||||||||2023f|||2022
s| ||Common
investment
funds||||||||||41,778|||31,522| ||Investment
interest||||||||||3,334|||1,929| ||||||||||||45,112|||33,451| ||Bank interest|||||||||f|79
45191||E|7
33,458| |4|PROGRAMME-REULTED
INVESTMENTS|||||||||||||| ||Collection of Hervey Benham's
books||(ail 1satlas)||||||||254|||254| |||||||||||E|254||E|254| |5|SUNDRY DEBTORS|||||||||||||| ||Investment
income||||||||||14,474|||8,139| ||Other debtors||||||||||1,061|||1,212| |||||||||||E|15,535||E|9,381| |6|CREDITORS - due for payment
within|||one year||||||||||| ||Accrued expenses
Grants authorised:
but not yet paid||||(Note 74)||||||3,553
3,500|||2,502
91500| ||but not yet due||||(Note 7.5)||||||13,500|||38,500| ||||||||||||20,553||a|so,soz| ## ## ## ## ## ## ## |year (current) or|after mor|e|than one|year|(d|efer|red), as foliows:||| |---|---|---|---|---|---|---|---|---|---| |||||||||Current|Deferred| |MerCury Theatre|- technical|apprenticeships||at the Mercury||||3,000|3,000| |Victor Batte Lay|Foundation||- we Are The Ninories|||||8,000|0| |Colchester Institute
- travel||bursary||||||2,500|0| |Pioneer Sailing Trust||||||||0|6,000| |||||||||E 13,500|9,000| |CHARITABLE ACTIVITIES - SUPPORT COSTS||||||||2023|2022| |Administration|||||||||| |Clerk's fees/remuneration||||||||3,137|1,739| |Bookkeeping|services|||||||2,880|2,880| |Administration|expenses||(incl. Employers|||Liability insurance)||1,238|1,451| |Website fees||||||||187|115| |Subscription:|Association||of Charitable||Foundations|||211|206| |||||||||7,653|6,391| |Governance costs|||||||||| |Trustees
meeting
and||monitoring||costs||||227|0| |Independent|Examiners||remuneration|||||960|840| |||||||||1,187|840| |||||||||8,840|7,231| |Analysis ofstaff costs, Trustee remuneration|||||||and expenses,|and the cost ofkey personnel|| |The average|number of||part-time|employees|||during the year was as follows:||| |||||||||2023|| |Administrative|||Mff|||||1|| ## ## |YE|AR ENDED 2|8 FFBRU|ARY 2023||| |---|---|---|---|---|---| |||||2023|2022| |9|BOOK INCOME RECElVED||||| ||Public Lending|Rights:|HWG Benham|0|0| ||Sale of books:||"Life With The Locals"|0|52| ||Sale of books|(ERO):|"Essex Gold"|0|0| ||||"A Prospect of Maldon"|0|0| ||jTipper. Timber Framed||"Smuggiers Century"
Buildings of Cochester|0
150|0
0| |||||150|52| ##