2022-04-05-accounts

	Notes	2022	2021
		£	£
Fixed Assets
Investments	7 & 8	£1,428,108	£1,394,471
Total Fixed Assets		£1,428,108	£1,394,471
Current Assets
Short term deposits	9	516,315	486,914
Cash at Bank and in hand		273,212	254,126
Total Current Assets		789,527	741,040
Liabilities:
Creditors falling due within one year	10	2,427	3,120
Net Current Assets		£787,100	£737,920
Net Assets		£2,215,208	£2,132,391
Total Funds		£2,215,208	£2,132,391

	Notes	2022	2021
		£	£
Incoming Resources:
Investment income	4	36,328	34,111
Realised gains on investment assets	6	6,489	134,350
Total Incoming Resources		£42,817	£168,461
Resources expended
Charitable activities	5	28,042	14,830
Total resources expended		£28,042	£14,830
Net incoming resources before other
recognised gains		14,775	153,631
Other recognised gains and losses
Unrealised (losses)/gains on investment assets	7	68,042	165,250
Net movement on funds		82,817	318,881
Fund Balance brought forward 6 April 2021		£2,132,391	£1,813,510
Fund Balance carried forward at 5 April 2022		£2,215,208	£2,132,391

	2022	2021
	£	£
Note 4 −Investment Income
Bank interest	26	196
Interest received on short term deposits	47	403
Dividends	36,255	33,512
	£36,328	£34,111

Note 5 — Charitable Activities
Grants made	12,500	1,000
Support costs:
Portfolio management fees	13,147	11,555
Office and administration	900	875
Accountancy fees	1,495	1,400
	£28,042	£14,830

Valuation of investments realised at 6 April 2021	208,018	529,635
Cost in year of investments realised	31,938	28,074
Realisation proceeds	246,445	692,059
Realised gains	£6,489	£134,350

Note 7 −Unrealised gains on Investment Assets	2022	2021
Value of investments held 6 April 2021	1,394,471	1,106,460
Cost of investments made in the year	205,551	680,470
Value of investments realised in the year	−239,956	−557,709
	1,360,066	1,229,221
Value of investments held 5 April 2022	1,428,108	1,394,471
Unrealised gains/(losses) during the year	£68,042	£165,250
Note 8 −Investments at Cost
Portfolio managed by Barclays Private Bank	£1,203,863	£1,225,127
The investments managed by Barclays Private Bank are all
in companies which are quoted on the London Stock Exchange.
Note 9 −Short Term Deposits
Barclays Wealth	42,469	13,115
Barclays Bank Plc	473,846	473,799
	£516,315	£486,914
Note 10 −Sundry Creditors
Accrued expenses	£2,427	£3,120