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|||Unrestricted|Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
||Note|Income|Capital|||
|||Fund|Fund|2022|2021|
|||£|£|£|£|
|INCOME from||||||
|Investments||||||
|- portfolio income||46,783||46,783|51,248|
|- interest||2||2|4|
|TOTAL INCOME||46,785||46,785|51,252|
|EXPENDITUREon||||||
|Expenditureon charitable||||||
|activities|2|57,014||57,014|10,514|
|TOTAL EXPENDITURE||57,014||57,014|10,514|
|NET (EXPENDITURE)/ INCOME||||||
|before gains on investments||(10,229)||(10,229)|40,738|
|Realised losses on disposal of||||||
|investments|4||||(11,327)|
|Net gains on investments|4||36,433|36,433|305,662|
|NET (EXPENDITURE)/ INCOME||(10,229)|36,433|26,204|335,073|
|RECONCILIATION OF FUNDS||||||
|Total funds broughtforward|6|97,345|1,700,462|1,797,807|1,462,734|
|Total funds carried forward|6|87,116|1,736,895|1,824,011|1,797,807|





||Note||2022||2021|
|---|---|---|---|---|---|
|||£|£|£|£|
|FIXEDASSETS||||||
|Investments|4||1,734,020||1,697,586|
|CURRENTASSETS||||||
|Cash at bank and in hand||92,271||101,997||
|CREDITORS: Amounts falling||||||
|duewithin oneyear|5|2,280||1,776||
|Net current assets|||89,991||100,221|
|TOTAL NETASSETS|||1,824,011||1,797,807|
|FUNDS:||||||
|Unrestrictedfunds:||||||
|Income Fund|6||87,116||97,345|
|Capital Fund|6||1,736,895||1,700,462|
|TOTAL FUNDS|||1,824,011||1,797,807|







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|2|EXPENDITURE ON CHARITABLE ACTIVITIES|2022|2021|
|---|---|---|---|
|||£|£|
||**GRANTS**|||
||Action in Rural Sussex|10,000||
||Burwash Playing Field Association|2,000||
||Drawing Life|3,000||
||Education Futures Trust|5,000||
||Glyndebourne Touring|290|290|
||Hands of Hope|3,000||
||Hastings lnt'I Piano Festival|500||
||Hindleap Warren|5,000||
||Music Well|3,000||
||Roald Dahl's|3,000||
||Robertsbridge Cricket Club||2,000|
||St Bartholomews PCC|1,200|1,200|
||South Downs National Park Trust|5,000|5,000|
||Southwark Cathedral|5,000||
||Sussex Heritage Trust|2,500||
||The Pelham C10|3,000||
||Wings for Life|2,500||
|||53,990|8,490|
||**ADMINISTRATIVE COSTS**|||
||Grant administration costs|375|250|
||Administrator|375|250|
||Accountancy fees|1,194|930|
||Independent examination fees|1,080|660|
||Investment management fee rebate||(66)|
|||3,024|2,024|
||TOTAL EXPENDITURE ON CHARITABLE ACTIVIES|57,014|10,514|





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|4|**INVESTMENTS**|||**2022**|**2021**|
|---|---|---|---|---|---|
|||||£|£|
||Market valuation at 1 April|||**1,695,894**|1,401,692|
||Purchases at cost||||188,000|
||Sales consideration||||**(188,133)**|
||Realised loss on sales||||(11,327)|
||Net unrealised gains in year|||**36,433**|**305,662**|
||Market valuation at 31 March|||**1,732,327**|**1,695,894**|
||Cash deposits|||**1,693**|**1,692**|
||Total investments|||**1,734,020**|**1,697,586**|
||Historical cost at 31 March|||**1,096,286**|**1,096,285**|
||PORTFOLIO:|2022|2022|2021|2021|
|||Cost|Market value|Cost|Market value|
|||£|£|£|£|
||Sarasin Endowments Fund|1,094,593|1,732,327|1,094,593|1,695,894|
||Cash deposits|1,693|1,693|1,692|1,692|
|||1,096,286|1,734,020|1,096,285|1,697,586|
|||||2022|2021|
|5|CREDITORS: Amounts fallingduewithin one||year|£|£|
||Accruals and othercreditors|||2,280|1,776|





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|||2022|2021|2021|
|---|---|---|---|---|
|FUNDS|Income|Capital|Income|Capital|
||£|£|£|£|
|Balance at 1 April|97,345|1,700,462|56,607|1,406,127|
|Income|46,785||51,252||
|Expenditure|(57,014)||(10,514)||
|Investment movements||36,433||294,335|
|Balance at 31 March|87,116|1,736,895|97,345|1,700,462|



|CURRENTYEAR- 2022|Income Fund|Capital Fund|Total Funds|
|---|---|---|---|
||£|£|£|
|Investments||1,734,020|1,734,020|
|Cash at bank|89,396|2,875|92,271|
|Current liabilities|(2,280)||(2,280)|
||87,116|1,736,895|1,824,011|



|ANALYSIS OF NETASSETS BETWEEN FUNDS||||
|---|---|---|---|
|PREVIOUSYEAR - 2021|Income Fund|Capital Fund|Total Funds|
||£|£|£|
|Investments||1,697,586|1,697,586|
|Cash at bank|99,121|2,876|101,997|
|Current liabilities|(1,776)||(1,776)|
||97,345|1,700,462|1,797,807|