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2023-04-05-accounts

Page
REPORT OF THE TRUSTEES 1-3
REPORT OF THE INDEPENDENT EXAMINER
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
NOTES TO THE FINANCIAL STATEMENTS

Unrestricted
Fund Total
2023 2022
Notes 6 6
INCOME & EXPENDITURE
Income and endowments from:
Investments 40,283.19 36,056
Other sums received 2,058
Total income and endowments 40,283.19 38,114
Expenditure
on:
Charitable
expenditure
Grants 20,750.00 26,208
Support costs 3,910.00 4,255
Total expenditure 24,660.00 30,463
NET INCOME/EXPENDITURE 15,623.19 7,651
Net gains/(losses)
on investments
(43,936.93) 52,596
Net income/(expenditure) (28,313.74) 60,247
Reconciliation
ofFunds
Fund balances
brought
forward
778,433.16 718,186
Total funds carried forward at 5 April 2023 E 750,119.42 F778,433

ovements
on quoted investments
were as follows: 2023
f
2022
E
Market value brought
forward
Add:
acquisitions
at cost
767,909.06
2,476.62
713,215
2,098
770,385.68 715,313
Net gain/(loss)
on revaluation
(43,936.93) 52,596
Market value at year end E 726,448.75 6767,909
Historical cost value at year end 6 530,080.77 6527,604
material are: y
2023 2022
M 8 G Charifund -Income Units 92.78% 9314%
M 8 G Charifund -Accum Units 7.22% 6.86%
4. Investment income 2023 2022
6 E
Income from UK investments f43,936.93 E36,056
5.Movement
in Funds
2023 2022
Unrestricted Funds 6
General
fund
Fund value
Add:
brought
forward
778,433.16 718,186
Net movement
in funds
(28,313.74) 60,247
Fund value at year end 6 750,119.42 E 778,433
Net movement in funds (above), arises as follows:
Unrestricted Funds 2023
f
2022
6
General
fund
Incoming
Gains and losses
40,283.19
~4~3~,,9~3~6~ .9~3~
)~
38,114
52,596
(3,653.74) 90,710
Less
Expenditure
24,660.00 30,463
6 (28,313.74) E 60,247