| INDEX | ||||
|---|---|---|---|---|
| Page No. | ||||
| Legal and Administrative | Information | |||
| Report ofthe Trustees | 2-7 | |||
| Independent Examiners' |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 10 | |||
| Notes to the Financial | Statements | 11-13 |
| Trustees | Mr David Alford | ||
|---|---|---|---|
| Mr Rex Dixon | |||
| Mr Andrew Gould |
|||
| Ms Susan McEwen | |||
| Mr Douglas Muir | |||
| Mr Simon Richards | |||
| Principal Office | Con esponding Trustee |
||
| Andy Gould | |||
| 56,James Street | |||
| Selsey | |||
| Chichester PO20 OJG | |||
| Website Mauageruent | Oyster Marketing | k, Design Ltd | |
| 12aNorth Street | |||
| Emswotth | |||
| PO10 7DQ | |||
| BookDistribution | Mr Jolui Jackson | ||
| 17Cambridge Avenue |
|||
| Melton Mowbray | |||
| Leicestershire LE13 OAA |
|||
| In&lependent | Examiners | Begbies | |
| Chartered Accountants |
|||
| 9Bonhill Street | |||
| London EC2A 4DJ |
|||
| Bankers | Bank ofScotland | ||
| P0Box23688 | |||
| The Mound | |||
| Edinburgh | |||
| EH1 1WG |
| Books published: | 47 | |||
|---|---|---|---|---|
| Books published with |
financial assistance | fioni the Trust | 31 | |
| Other books published | from which the Trust benefits | I | ||
| Other publications published with financial |
assistance fiom the Trust | I | ||
| Support for conservation | for fiiture and present research | 4 | ||
| Research grants taken | up | and paid | 24 | |
| Applications for research |
grants approved | in 2021 | I | |
| Meinoriat lectures |
23 | |||
| Electronic newsletters | 62 |
| Notes | Capital | General | 2022 | 2021 | ||
|---|---|---|---|---|---|---|
| Account | Income fund | Total Funds | Total Fun&is | |||
| g | g | |||||
| Income | ||||||
| Incoming Resources from Charitable | ||||||
| Activities | ||||||
| Donations and Legacies |
5,000 | 5,000 | ||||
| Sale ofBooks | 4,250 | 4,250 | 1,854 | |||
| Royalties | 117 | 117 | 57 | |||
| 5,000 | 4,367 | 9,367 | 1,911 | |||
| Incoming Resources frotn Generated | Funds | |||||
| Investment Income |
25,581 | 25,581 | 23,126 | |||
| Total Incoming Resources | 5,000 | 29,948 | 34,948 | 25,037 | ||
| Kxpemliture | ||||||
| Raising Funds | 1,530 | 1,530 | 1,530 | |||
| Charitable Activities |
5,800 | 5,800 | 8,694 | |||
| Governance Costs |
1,348 | 1,348 | 714 | |||
| Total Resources Expended | 8,678 | 8,678 | 10,938 | |||
| Net Income | 5,000 | 21,270 | 26,270 | 14,099 | ||
| Transfers Between Funds |
20,000 | (20,000) | ||||
| Net Incoming Resources Before Other | ||||||
| Recognised Gains aud Losses |
25,000 | 1,270 | 26,270 | 14,099 | ||
| Other Recognised Gains and |
Losses | |||||
| (Losses)/Gains on Investment |
Assets | (45,433) | (2,328) | (47,761) | 49,017 | |
| Net Movement in Fumls |
(20,433) | (1,058) | (21,491) | 63,116 | ||
| Reconciliation ofFun&is |
||||||
| Unresricted Funds |
||||||
| Total Funds Brought Forward | at I January 2022 | 610,287 | 57,469 | 667,756 | 604,640 | |
| Total Funds Canied Forward | at 31Decetnber 2022 | 589,854 | 56,411 | 646,265 | 667,756 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Fixed Assets | |||||
| Investments | 572,730 | 620,491 | |||
| Current | Assets | ||||
| Cash | at Bank | 73,535 | 47,265 | ||
| Net Assets | 646,265 | 667,756 | |||
| Represeuted | by | ||||
| Capital | Account | 589,854 | 610,287 | ||
| Income | Reserve Account | 56,411 | 57,469 | ||
| 646,265 | 667,756 |
| 2. | Cost ofGenerating | Cost ofGenerating | Funds | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Printing, | Postage and Stationery | less | ||||
| recovered | costs | |||||
| Insurance | 122 | 122 | ||||
| Storage ofstock | 1,408 | 1,408 | ||||
| 1,530 | 1,530 |
| 3. | Charitable Activities |
2022 | 2021 |
|---|---|---|---|
| Cost ofbooks published | 2,786 | 4,026 | |
| Grants for research and publications | 1,406 | 4,226 | |
| Other grants made | |||
| Website Costs | 367 | 346 | |
| Annual Lecture Costs | 739 | ||
| Publicity | 502 | 96 | |
| 5,800 | 8,694 |
| 4. | Governauce | Costs | 2022 | 2021 | |
|---|---|---|---|---|---|
| Independent | Examiner's | Fees | 648 | 594 | |
| Trustees' meeting costs | and expenses | 565 | |||
| Bank charges | 135 | 120 | |||
| 1,348 | 714 |
| Fixed Asset | Investments | 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| g | ||||||||||
| Market Value | ||||||||||
| At I Jamiary | 2022 | 620,491 | 551,716 | |||||||
| Additions | 19,758 | |||||||||
| Disposal | (2,017) | |||||||||
| (Deficit)/surplus on Revaluation |
(47,761) | 51,034 | ||||||||
| At 31December 2022 | 572,730 | 620,491 | ||||||||
| investments | are held primarily | to | provide | an investment | return for the charity. | |||||
| 2022 | 2021 | |||||||||
| At 31December 2022 Investments | comprised | holdings | in:- | |||||||
| The Charities Property Fund | 139,473 | 151,390 | ||||||||
| Charibond | Charities Fixed Income | Conunon | Investinent | Fund | 58,057 | 64,951 | ||||
| Charities | Official Investment | Fund | 93,975 | 106,337 | ||||||
| Charifund | Equities Investment | Fund for Charities | 281,225 | 297,813 | ||||||
| 572,730 | 620,491 |
| The historic | The historic | c | ostofinve | stments held is |
f492,248(20 | 21:f492,248). | |||
|---|---|---|---|---|---|---|---|---|---|
| Movement | in | Funds | Fund | Fuu&l | |||||
| Balances | Iu co ruing | Outgoing | Gross | Gains | Balances | ||||
| B/Fwd | Resources | Resources | Transfer | &Losses | C/Fwd | ||||
| Unrestricted | Funds | g | g | g | |||||
| Capital | Account | 610,287 | 5,000 | 20,000 | (45,433) | 589,854 | |||
| Incolne | FunCI | 57,469 | 29,948 | 8,678 | (20,000) | (2,328) | 56,411 | ||
| 667,756 | 34,948 | 8,678 | (47,761) | 646,265 | |||||
| Analysis | of | Net Assets | between Funds | Net | Current | ||||
| Investments | Assets | Total | |||||||
| Unrestricted | Funds | g | |||||||
| Capital | Account | 555,064 | 34,790 | 589,854 | |||||
| Income | Fund | 17,666 | 38,745 | 56,411 | |||||
| 572,730 | 73,535 | 646,265 |