2023-03-31-accounts

			Page
Trustees' report			1-5
Independent Examiner's		Report
Statement offinancial	activities
Balance sheet
Statement ofcash flows
Notes to the financial	statements		10-15

		S	TAT	EMENT OF FINANCIAL ACTIVIT	EMENT OF FINANCIAL ACTIVIT	IES
				YEAR ENDED 31MARCH 2023
					Notes	2023	2022
Income
lnvestlrlellt tllcollse						48,684	55,239
Expenditure
Costs ofgenerating	funds
Investment management		costs				10,743	11,722
Expenditure on charitable			activities
Donations to charities	and		related expenses			33,505	46,511
Total expemliture						44,248	58,233
Net income/(expenditure)			and	net movements	in funds
before (losses)/gains	on	investntents				4,436	(2,994)
Net (losses)/gains on	investments					(138,801)	58,451
Net movement in funds						(134,365)	55,457
Reconciliation of fun&Is
Total funds brought	forsvard					2,121,905	2,066,448
Total funds carried	fomvard					1,987,540	2,121,905

				Notes	2023	2022
					f	f
Net cash use&1 in operating		activities			(43,703)	(56,860)
Cash flovvs from investing	activities
Investment income					48,684	55,239
Net purchases ofinvestments					(51,996)	(6,369)
Net cash (absorbed)/provided		by investing	activities		(3,312)	48,870
Change in cash in the year					(47,015)	(7,990)
Cash brought foruard					78,068	86,058
Cash carried fomvard					31,053	78,068

3.	a trustee, provided acco (2022- f4,500). Investment income	untanc	y and	adm	inistration serv	ices to the trust in the sum of	K4,500
						2023	2022
	Dividends and unit trust	distributions				45,136	50,957
	Fixed interest income					3,061	4,282
	Bank interest					487
						48,684	55,239
4.	Analysis ofexpenditure	on	charitable		activities
						2023	2022
	Donations made in the year (note 9)					27,500	40,500
	Governance costs:
	Accountancy 8& administration					4,500	4,500
	independent examiner's	fees				1,500	1,500
	Bank charges					5	11
						33,505	46,511
5.	Fixed asset investments
	Movement in fixed asset listed investments
						Unrestricted Un	restricted
						funds	funds
						2023	2022
	Market value at I April	2022				2,048,874	1,984,054
	Additions at cost					1,156,139	340,766
	Disposals at can3 ing value					(1,165,734)	(336,186)
	Nct unrealised (losses)/gains		in the	year		(77.210)	60,240
	Market value at 31March 2023					1,962,069	2,048,874
	Net cash invested in investments			in thc year:
						2023	2022
	Disposal procccds					I,104,143	334,397
	Additions at cost					(I,156,139)	(340,766)
	Net cash investnl					(51,996)	(6,369)

	NOTES TO	NOTES TO	THE FINANCIAL STA	THE FINANCIAL STA	THE FINANCIAL STA	TEMENTS —continued
5.	Fixed asset investments		(continued)
	Net gains on investments:					2023	2022
	Net realised losses	on disposals			in the year	(61,591)	(1,789)
	Net unrealised (losses)/gains			in	the year	(77,210)	60,240
	Net (losses)/gains	on investments				(138,801)	58,451
	Listed investments					2023	2022
	Stocks and shares					1,809,604	1,917,063
	Fixed Interest					152,465	131,811
						1,962,069	2,048,874

	The signiTicance	offinancial	offinancial	offinancial	offinancial	instruments	instruments	to	the ongoing	the ongoing	financial	sustainability	sustainability	ofthe Trust is
	considered in the	financial			revieiv and investment					policy	and perfonnance sections ofthe Trustees'
	Annual Repoit.
6.	Debtors
													2023	2022
	Accrued investment		income										418	963
7.	Creditors —Aniounts			falling dne vvithin					one	year
													2023	2022
	Accrued donations
	Accrued administrative				expenses								6,000	6,000
													6,000	6,000
8.	Reconciliation	of	net	movement			in fumls		to	net cash	flovv from		operating	activities

		2023	2022
Net movement in funds		(134,365)	55,457
Deduct investment	income	(48,684)	(55,239)
Add losses/(deduct)	gains on investments	138,801	(58,451)
Decrease in debtors		545	293
Increase in creditors			1,080
		(43,703)	(56,860)

		Donee	Donee			Purpose	2023 f.	2022
DEC Turkey/Syria			Earthquake		Appeal	Disaster relief aid	5,000
Elmbridge CAN						Connnnnity support for refugees	5,000	5,000
Shelterbox Trust						Support ofthe homeless	3,000
Crisis UK						Support for the homeless	2,000
Medical Detection		Dogs				Early detection of diseases	2,000
The Trussel I Trust						Provision ofemergency food banks	2,000
Veterans lvith Dogs						Mental health support to artned forces veterans	2,000
Waterm iII Theatre						Nurturing theatre and the performing arts	2,000
RNLI						Maritime rescue	1,500	1,500
Choose Love						Humanitarian Aid	1,000
The Capcrmvray	Missionary			Fellolvship		Evangelical Christian education	1,000
						Support to chiklren,
Youth and Families			Matter			young people and	1,000	5,000
						fam ilies
Maly's Meals, Haiti Earthquake					Appeal	Disaster relief aid		10,000
Afghan &.Central		Asian Association				Support for Afghan refugees		5,000
DEC Ukraine I-lumanitarian				Appeal		Ilunlanltal ian Aid		5,000
Maly's Meals						Provision ofschool meals		5,000
Hampshire & Isle		ofWight		Air	Ambulance	Transpolt for medical enlel gencles		1,000