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2023-12-31-accounts

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
MrDouglas Muir
Capt. Jamm Padger (appointed 16May 2023)
Mr Simon Ricbards
Principal Office Conesponding
Trustee
Andy Gould
56,James Street
Selsey
Cbichester PO20 GJG
Website Management Oyster Marketing tk Desiga Ltd
12aNorth Street
Emsworth
PO10 7DQ
BookDistribution Mr John Jackson
17Cambridge
Avenue
Mclton Mowbruy
Leicestetsbire
LE13GAA
Independent Examiners Begbies
Cbartered Accountants
9Bonhill Street
London
EC2A 4DJ
Bankers Bank ofScotland
P0Bos73638
The Mound
Edinburgh
EHl 1WG

Books pub(ishedi 50
Books published
with
Snanciat assistance fium the Trust 32
Other books published &am which the Trust beneSts 1
Other publications
pubhshed
with hnciat
assistance from the Trust '!
Suppmt for conservation for future and present research 4
Reseamh grants taken up and paid 26
Applicaticns
forresearch
gmnts approved in 2023 1
Memorial lectures 24
Electronic newsletters 66

Notes Capital General 2023 2022
Account
g
Iacome fund
g
Total Funds
g
Total Funds
f
Income
Incoming Resources Rom Charitable
Activities
Donations and Legacies 5,000
Sale ofBooks 3777 3,777 4,250
Royalties 94 94 117
3,871 3,871 9,367
Incoming Resources from Generated Funds
Investment
income
28,198 28,i98 25,581
Total Incommg Resources 32,069 32,069 34,948
Expenditure
Raising Funds 1,615 1,615 1,530
Charitable
Activities
26,349 26,349 5,800
Governance
Costs
1,155 1,155 1,348
Total Resources Expended 29,119 29,119 8,678
Net Income 2,950 2,950 26,270
Transfers Between Funds
Net Incoming Resources Before Other
Recognised Gains and Losses
2,950 2,950 26,270
Other Recognised Gains and Losses
(Losses)/Gains
on Investmcnt
Assets (5,105) 1,650 (3,455) (47,761)
Net Movement
in Funds
(5,105) 4,600 (505) (21,491)
Reconciliation ofFunds
Unrestricted
Funds
Total Funds Brought Forward at 1 January 2023 589,854 56,411 646,265 667,756
Total Funds Cerned Forward at 31 December 2023 504,740 61,011 645,760 646,265

2023 2022
Notes 8 8
Fixert Assets
Investments 589,275 572,730
Current Assets
Cash at Bank 56,485 73,535
Net Assets 646,265
Represeated by
Capital Accnunt 584,749 589,854
income Reserve Account 61,011 56,411
645,760 646,265

2, Cost.ofGenerating
Funds
2023
Printing, Postage and Stationery less
recovered costs
Insurance
Storage ofstock
122
1,493
1,615
122
1,408
1,536
3. Charitable
Activities
2023 2022
g g
Costofbooks published
Grants for research and publications
7,787
13,602
2,786
1,406
Other grants umlc
Wcbsite Costs
Annual Lecture Costs
2,500
1,903
557
367
739
502
Pubh city
26,349 5,800
4. Governance
Costs
2023 2022
K
Indcpcndetu
Examiner's Fees
Triisrees Ilieellg costs arid expenses
Bank charges
690
328
137
648
565
135
1,155 1.3411

5. Fixed Asset Investmeats 2023
f.
2022
Market Value
At I January 2023
Additions
572,730
20,000
620,491
Loss on disposal
De gcit on Revaluation
(3,455) (47,761)
At 31 December 2023 599,275 572,730
Investments
are held primargy to
provide an investmcat return for the charity.
2023 2022
At 31 December 2023 Investmeuts
comprised holdings
The Charities Property Fund
Charibond
Charities Fixed Income Common Investment
Charities Ofgcia1 Investmerit
Fund
Charifund
Eqtnties Investment
Fund for Charities
in:-
Fuad
131,115
70,549
102,755
284,856
589,275
8
139,473
58,057
93,975
281,225
572,730

The historic cost ofinve stmeats
held is
8512,248 (202 2:fA92,248).
Movemeat in Fends Fund
Balances
B/Fwd
Incoming
Resources
Outgoing
Resources
Gross
Transfer
Galas
&Losses
Fund
Balances
C/Fwd
Unrestrkted
Funds
Capital Account
Inccrne Fund
589,854
56,411
g
32,069
29,119 f.
(5,105)
1,650
584,749
61,011
646,265 32,069 29,119 (3,455) 645,760
Analysis of Net Assets between Funds Net
Investments
Carrant
Assets
Total
Unrestricted
Funds
Capital Account
Income Fund
g
569,958
19,317
f,
14,791
41,694
8
584,749
61,011
589,275 56,485 645,760