2023-06-30-accounts

						II/zgsat~te	Total	Total
						Funds	Funds	Funds
					Note	2023	2023	2022
							f	f
Income
Investment income						116,999	116,999	116,186
Total income						116,999	116,999	112411
Expenditure
Expenditure on charitable		activities			3	126,374	126,374	150,662
Other
Total expenditure						126374	126 374	166 1162
Net (expenditure)/income		and net movement		in
funds before gains	and	(losses) on investments				(9,375)	(9,375)	(34,476)
Unrealised gains/(losses)		on revaluation	of investments		2	67,625	67,625	(164,759)
Net (expenditure)/income		and net movement		in
general fund
for the year					7	58,250	58,250	(199,235)
Total funds brought	forward					3,881,224	3,881,224	4,080,459
Total funds carried	forward				7	3939474	3.939.474	3 881 224

			Note	2023f	2022f
Fixed assets
Investments				3,903,741	3,836,116
Total fixed assets				3903741	3,036,116
Current assets
Debtors				28,971	28,971
Cash at bank and	in	hand		09336	13~498
				118,307	159,469
Current liabilities
Creditors: Amounts		falling due within one year	5	82,574	64,361
Net current assets				35733	90100
Total assets less	current liabilities			3939474	3931 224
Creditors: Amounts		falling due after more than one year	6		50,000
Total net assets				3039,474	3001 224
Unrestricted funds
General			7	3939474	3001 224

2	Investments
						2023	2022
	Listed:					6	f
	Market value at 1 July	2022				3,836,116	4,000,875
	Net unrealised (loss)/	gain				67,625	(164,759)
	Market value at 30 June		2023			3993741	3,836,116
	Cost at 30June 2023					2,877 765	2,877,765
	COIF Charities Investment			Fund		3,728,520	3,615,400
	COIF Charities Property		Fund			175,221	220,716
						39113741	3836118
3	Expenditure on charitable			activities
						Total	Total
					Funds	Funds	Funds
					2023	2023	2022
	Grants payable:					6	6
	Academy of Marketing				13,024	13,024	34,440
	Young Enterprise				20,000	20,000	20,000
	University of I ancaster						5,846
	Brunel University London				5,556	5,556
	History ofAdvertising	Trust			20,000	20,000
	Royal Society ofArts						75,000
	Link UP London				27,695	27,695
	Media Trust				30,720	30,720
	Leicester University (write back)				(643)	(643)
	Middlesex University (not		banked)		2,803	2,803	2,803
	Total grants payable				113549	113549	138,089
	Other charitable activities:
	Awards				600	600	3,500
	Website and other design				366	366	283
	Total other charitable	activities			966	966	3 783
	Supportcosts:
	Grant administration costs				6,667	6,667	4,800
	Travel expenses						112
	Trustees' expenses:-
	grants related				648	648	483
	Total support costs				7315	7315	5 395

For	the Year Ended 30June	the Year Ended 30June	2023	2023
3	Expenditure on charitable		activities (continued)
					~unre	Irr';ted	Total	Total
						Funds	Funds	Funds
						2023	2023	2022
	Governance costs:
	Independent Examiner	fees				1,002	1,002	990
	Administration fees					3,333	3.333	2,400
	Assoc. ofCharitable Foundation
	membership					203	203
	Bank charges					6	6
	Total governance fees					4544	4 544	3,395
	Total expenditure on	charitable		activities		126374	126 374	150,662
4	Debtors
							2023	2022
							6	6
	Investment income						28,971	28,971
							28 871	28,971
5	Creditors: Amounts	falling due		within one year
							2023	2022
								6
	Accruals:
	The Chartered Institute of Marketing						10,000	7,200
	Royal Society ofArts	(RSA)					25,000	25,000
	University of Lancaster						1,530	3,555
	Academy of Marketing							23,140
	University ofLeicester							643
	Aston University							1,828
	Brunel University						1,111
	Media Trust						12,288
	Link UP London						20,310
	History ofAdvertising						11,333
	Independent Examiner	fees					1,002	990
	Travel expenses							505
	CIM student awards							1,500
							82 874	64,361

6	Creditors: A	mounts falling due after more tha	n one year
			2023f	2022
	Royal Society	ofArts (RSA)		50,000
				3~ 000
7	Unrestricted	funds
			2023	2022
				6
	Funds at 1 July 2022		3,881,224	4,080,459
	Net movement	for the year	58,250	(199,235)
	Funds at 30June 2023		3939474	3881224