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||**Notes**|**2022**|**2021**|
|---|---|---|---|
|||£|£|
|**Incoming Resources**||||
|Voluntary contributions|4|3,119|32,693|
|Investment income|5|32,337|26,785|
|**Total Incoming Resources**||**£35,456**|**£59,478**|
|**Resources expended**||||
|Charitable activities|6|49,231|73,819|
|**Total resources expended**||**£49,231**|**£73,819**|
|**Net outgoing/incoming resources before other**||||
|**recognised gains**||**−£13,775**|**−£14,341**|
|Realised Profits/Losses on Investments|7|156,146|−5,065|
|Unrealised gains/losses on investment assets|9|−66,846|228,491|
|**Net movement on funds**||**75,525**|**209,085**|
|Fund balance brought forward 6 April 2021||1,494,743|1,285,658|
|**Fund Balance carried forward at 5 April 2022**||**£1,570,268**|**£1,494,743**|





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||**Notes**|**2022**|**2021**|
|---|---|---|---|
|||£|£|
|**Fixed Assets**||||
|Freehold Property|8|243,087|243,087|
|Investments|8 & 10|1,212,243|1,159,754|
|||1,455,330|1,402,841|
|**Current Assets**||||
|Debtors|11|5,407|7,415|
|Short term deposit||81,264|50,220|
|Cash at Bank||31,991|37,317|
|**Total Current Assets**||**118,662**|**94,952**|
|**Liabilities:**||||
|Creditors falling due within one year|12|3,724|3,050|
|**Net Current Assets**||**£114,938**|**£91,902**|
|**Net Assets**||**£1,570,268**|**£1,494,743**|
|**Unrestricted Funds**||**£1,570,268**|**£1,494,743**|





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|The remuneration payable to H Mercer, Chartered Accountant for|||
|---|---|---|
|examination of the financial statements was £450 (2021 −£450)|||
||**2022**|**2021**|
|**Note 4 −Voluntary Contributions**|||
|Gift Aid donations|£3,119|£32,693|
|**Note 5 −Investment Income**|||
|Dividends|£32,337|£26,255|
|**Note 6 — Charitable Activities**|||
|Grants made|35,730|57,998|
|Support costs:|||
|Portfolio management fees|8,984|8,895|
|Grove Airfield expenses|2,581|3,873|
|Office and administration|1,486|2,603|
|Independent examination|450|450|
||£49,231|£73,819|
|**Note 7 — Realised gains/losses on Investment Assets**|||
|Cost of investments realised|396,127|43,867|
|Realisation proceeds|552,804|38,802|
||156,677|−5,065|
|Loss on exchange on purchasing investments in Dollars|531||
||156,146|−5,065|





||**2022**|**2021**|
|---|---|---|
|**Note 8 −Unrealised gain on Investment Assets**|**£**|£|
|Value of land at 6 April 2021|243,087|243,087|
|Value of land at 5 April 2022|243,087|243,087|
|Increase in valuation|0|0|
|Value of investments held at 6 April 2021|1,159,754|755,198|
|Cost of investments made during the year|515,462|219,932|
|Cost of investments sold during the year|−396,127|−43,867|
||1,279,089|931,263|
|Value of investments held at 5 April 2022|1,212,243|1,159,754|
|Unrealised gains/losses during the year|−66,846|228,491|
|Total investment assets|£1,455,330|£1,402,841|
|**Note 9 −Investment Property**|||
|8.103 acres of land −Grove Airfield−at cost|£7,301|£7,301|
|**Note 10 — Investment Assets at Cost**|||
|Portfolio managed by Quilter Cheviot|£1,137,725|£1,018,390|
|The investments are all in companies quoted on the London|||
|Stock Exchange.|||



|**Note 11 — Sundry Debtors**|||
|---|---|---|
|Land Pooling Trust|4,254|6,836|
|Income tax repayment|574|49|
|Quilter Cheviot|579|530|
||£5,407|£7,415|
|**Note 12 −Sundry Creditors**|||
|Accrued expenses|£3,724|£1,800|