2023-04-05-accounts

Contents		Page
Legal and Administrative	Details
Trustees' Annual Report		2-3
Independent Examiner's	Report	4-5
Statement ofFinancial Activities
BalanceSheet
Notes tothe Finanrial Statements		8-12

Address of	Charity:	13Cottage Road
		Epsom
		Surrey
		KT199RT
Trustees:		Mrs E3 Barham Carter - Chairman
		CBarham Carter
		Mrs CCSlatter
		Mrs CM EWarburg
Secretary:		I SCushnie
Investment	Advisers:	Investec Wealth &Investment	Ltd
		30Gresham Street
		London
		EC2V 7QN
Independent	Examiner:	Anthony Kelly FCA
		2 Woodberry Close
		Chiddingfold
		Godalming
		Surrey
		GU8 4SF

	Notes		2023		2022
			E	E
INCOMING RESOURCES
Investment income		27,279		29,627
Total incoming resources			27,279		29,627
RESOURCES EXPENDED
Charitable expenditure
Payments to beneficiadies		29,600		37,519
Support costs		3,600		3,600
Management and administration		15,831		16,030
		49,031		57,149
Costofgenerating funds
Investment managers' fee		8,675		9,423
Total resources expended			57,706		66,572
NET EXPENDITURE			(30,427)		(36,945)
Unrealised gains/(loss) on revaluations
on investment assets			(89,204)		31,582
Realised gains on disposals ofinvestment
assets			23,691		21,440
NET MOVEMENT IN UNRESTRICTED FUND			(95,940)		16,077
Unrestricted fund balance at 6April 2022			1,033,125		1,017,048
UNRESTRICTED FUND BALANCE AT5April 2023			937,185		1,033,125

3.	PAYMENTS TO BENEFICIARIES						2023	2022
							E	E
	The	amounts payable in the year comprise;
	Individuals:
	(i)	Payments to beneficiaries	forthe general welfare			of
		people in financial need whose circumstances			comply0.
		with the Charity's objectives
		9grants (2022 - 12)					24,450	32,269
	(ii)	Sponsorship for the training ofa person		engaged		in the
		craft, trade or profession	ofsilversmith,	goldsmith		or
		horologist
		1person (2022 - 1)					5,000	5,000
	(iii)	Sidney Sanders Prize					150	250
							29,600	37,519
4.	SUPPORT COSTS						2023	2022
							6	E
	Trust	visitor costs					3,600	3,600
5,	MANAGEMENT AND ADMINISTRATION						2023	2022
							E	E
	Telephone, postage and stationery						381	362
	Sundry expenses						690	1,278
	Insurance						160	160
	Trust	secretary fees					12,000	12,000
	Accountancy fees						2,600	2,500
	Bank	charges (net refund)						(270)
							15,831	16,030
	There	are no highly paid staff.

All the	investments a	re	held primarily for an investment return.
				2023	2022
				E	E
Quoted	investments
Market	value at 6April		2022	942,881	1,008,077
Add:	Acquisitions	at cost		200,694	229,142
Less:	Disposals at	book value		(135,444)	(325,920)
Unrealised gain/(loss)			on revaluation	(89,204)	31,582
Market	value at5April		2023	918,927	942,881
TOTAL FIXEDASSET INVESTMENTS				918,927	942,881
Historic	cost at 5 April	2023		791,859	727,950
Realised	gains on dlsposals
Proceeds ofsale				159,135	347,360
Cost ofinvestments sold				(135,444)	(325,920)
				23,691	21,440
CREDITORS: AMOUNTS			FALLIN6 DUE WITHIN ONE YEAR
				2023	2022
				E	E
Accruals				2,600	2,500

			Net
			movement
		At 06.04.22	in funds	At05.04.23
		E	E	E
Unrestricted	funds
General fund		1,033,125	(95,940)	937,185
TOTAL FUNDS		1,033,125	(95,940)	937,185

		Incoming	Resources		Net loss	Movement
		Resources	expended	on	investments	in funds
		E	E		E	E
Unrestricted	funds
General fund		27,279	(57,706)		(65,513)	(95,940)
TOTAL FUNDS		27,279	(57,706)		(65,513)	(95,940)
MOVEMENT	IN FUNDS- PRIOR YEAR
						Net
						movement
				At06.04.21		in funds	At 05.04.22
					E	E	E
Unrestricted	funds
General fund				1,017,048		16,077	1,033,125
TOTAL FUNDS				1,017,048		16,077	1,033,125

		incoming	Resources	Net gain	Movement
		Resources	expended	on investments	in funds
		E	E	E	E
Unrestricted	funds
General fund		29,627	(66,572)	53,022	16,077
TOTAL FUNDS		29,627	(66,572)	53,022	16,077