2022-12-31-accounts

					2022	2021
				Notes	6
INCOME AND EXPENDITURE
Incoming Resources;
Incoming resources from generated Donation from NASLIWT		funds:			260,484	253, 127
Donated services from NASUWT					179,641	166,635
Donations, legacies snd sundry Investment income	income				3,629 69844	730 61,914
Total Incoming resources					493,296	482,408
Resources expended:
Raising funds: Investment and property management Investment propeAy costs			fees		8,216 2,063	8,694 1,491
Finance costs						1
Charitable activities:
General grants Staff casts					169,100 171,168	178,106 161,696
Premises cosfs					8,483	4,940
Benevolent loans wdtten off Legal and Professional					1,296 13216	9904
Total resources expended					373530	36,4 831
Net Income before revaluations					119,768	117,575
Gains/(losses) on Investment assets Revaluation of Investment property					(143,814) ~62848	123,074
Net movement in funds for the year					(76,894)	240,649
Fund balances brought forward	at 1	January 2022			2 572511	2 331 862
Fund balances carried forward 2022	at	31 December		10	2495617	2 572 51,1

		2022	2021
	Notes	E
FIXEDASSETS
Investments		1,517,173	1,718,518
DEBTORS:
Due after more than one year
Benevolent loans		69,066	61,391
CURRENT ASSETS
Sundrydebtors		31,579	283,252
Benevolent loans		1,020	1,020
Cash et beck		930,703	547,230
		963,302	831,502
CURRENT LIABILITIES
Sundry creditors		(43,614)	(39,200)
NET CURREh!T ASSETS		919,366	792,302
NET ASSETS		2,495,617	2,572,511
FUNDS
General - Unrestricted	10	2,495,617	2,572,511

	ST	ATEM 31	ENT OF GASHFLO DECEMBER 2022	WS
					2022	2021
						8
CASH FLOWS FROM OPERATING		ACTIVITIES
Net income/(expendltttre) for the reporting			period		(78,894)	240.649
Interest received					(1,490)	(38)
Rent from investments					(18,360)	(18,360)
Dividends received					(39,794)	(43,516)
(Gains)/losses on investments					143,814	(123,074)
Investment management fees					6,222	5,587
(Gains)/losses on revaluation	of investment		properly		62,848
(Increase)/ decrease In debtors					264,008	(269,680)
Increase/(decrease) in creditors					4,714	28,675
Net cash provided by((used	in) operating		activities		324,068	(179,757)
CASH FLOWS FROM INVESTING		ACTIVITIFS
interest received					1,490	38
Rent from inveslments					18,360	18.360
Dividends received					39,794	43,516
Invested funds					276	4,877
Investment income rein vested					(516)	(4,937)
hlet cash provided by/(used	in) investing		activities		69,406	61,654
INCREASE/(DECREASE) IN THE YEAR	CASH	AhlD CASH EQUIVALENTS		Ih!	383,473	(118,103)
Cash and cash equivalents at	the beginning		ofthe year		647,230	665,333
TOTAL CASH AND CASH EQUIVALEiNTS AT THE END OF THE
YEAR					930,703	547,230

GRANTS PAYABLE
			2022	2021
			2
Benevolentloans oonverfed		to grants
To individuals 398(2021:446)			150,886	158,977
To NASUWT Federations	43 (2021:52)		15,823	18,875
Legal and management	expenses		2 391	254
			168,100	178,108
The ultimate beneficiaries	of	NASUWT Federations	Grants are individuals.
INVESTll/IENTS
Investments are stated at	market value.
			2022	2021
MARKET VALUE:
At 1 January 2022			1,240,870	1,123,223
Income Account Movement			239	260
Investment management Revaluation to fair value	fees		(5,222) ~143814	(5,587) 123074
At 31December 2022			1,082,173	'l,240,970
			2022	2021
Iylarket value made up ae follows:			6	6
UK Fixed Interest			87,787	89,547
Overseas Fixed Interest			17,287	18,721
UK Equities			562,611	599,247
Overseas Equities Alternatives			270,280 116,'880	358,320 135,512
Broker account			37348	41 623
Total listed Investments			1092173	1 240 970
Property
Att January 2022 Revaluag on			477,848 ~92848	477,848
At 31 December 2022			425,000	477,848
Total investments			1 617173	1 718818
Material investments
Property —Genest* Road			425,000	477.848
S4 Capital Pic			16,271	54,524
Edinburgh Dragon Trust			12,360	34,636
Royal Dutch Shell			48,846	28,570
Astrazeneca Plo			52,725	40,787
Expe rien			28,130	38,320
BPPlc			30869
Historic cost of Investments			886,419	875,371

DEBTORS
		2022	2021
		g	2
Benevolent	loans
Due under	1 year	1 020	1 020
Due over 1	year	59056	61 391

				2022		2021
						2
Accruals	end	deferred	income	43	914	39	200

						Fund	Income	Expenditure	Gains and	Fund
						balances			(losses)	balances 31
						1 January				December
						2022				2022
0	t	10	eeet	t 1	d	2 572611	4,93,298	~373.530	~743814	2 846,465
						Fund	Income	Expenditure	Gains and	Fund
						balances			(lessen)	balances 31
						1 January				December
						2021				2021
Cent		10	ete	tt	d	2331,862	452406	~364,831	123,074	2,572,511
All	charitable		funds	are	unrestrtcted.

					2022	2021
Financial	assets					2
Financial	assets measured	at fair value			'l,092,174	1,240,970
Financial	assets that are debt instruments		measured	at
amortised	cost				916M	349,633
					2022	2021
Financial	Liabilities					9
Financial	liabilities measured	at amortised	cost		43914	39,200

he entity's income, expense, gains and losses elow, '	in	resp	ect o	f financial instrume	nts are sum
				2022	2021
				f	6
Total investment income for financial assets measured			at
fair value through income and expenditure				39,794	43,516
Net gains((losses) on financial assets measured	st	fair
value through Income and expenditure				(143,814)	123,074
Total Interest income for financial assets measured		at
amortised cost through income and expenditure				1 499	38