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||||Page No.|
|---|---|---|---|
|Legal and Administrative||Information||
|Report ofthe Trustees|||2-7|
|independent<br>Examiners'||Report||
|Statement ofFinancial|Activities|||
|Balance Sheet|||10|
|Notes to the Financial|Statements||11-13|





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|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<br>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<br>Avenue|||
|||Mclton Mowbruy|||
|||Leicestetsbire<br>LE13GAA|||
|Independent|Examiners|Begbies|||
|||Cbartered Accountants|||
|||9Bonhill Street|||
|||London<br>EC2A 4DJ|||
|Bankers||Bank ofScotland|||
|||P0Bos73638|||
|||The Mound|||
|||Edinburgh|||
|||EHl 1WG|||





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






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|||Notes|Capital|General|2023|2022|
|---|---|---|---|---|---|---|
||||Account<br>g|Iacome fund<br>g|Total Funds<br>g|Total Funds<br>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<br>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<br>Activities||||26,349|26,349|5,800|
|Governance<br>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<br>Recognised Gains and Losses||||2,950|2,950|26,270|
|Other Recognised Gains and Losses|||||||
|(Losses)/Gains<br>on Investmcnt|Assets||(5,105)|1,650|(3,455)|(47,761)|
|Net Movement<br>in Funds|||(5,105)|4,600|(505)|(21,491)|
|Reconciliation ofFunds|||||||
|Unrestricted<br>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|





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|||||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|





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





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



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