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|---|---|---|---|
|Reference and administration||details||
|Trustees' report|||2-3|
|Statement ofFinancial Activities||||
|Balance sheet||||
|Notes to the accounts|||6-9|
|Independent<br>Examiner's|Report||10|





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||||||Year|ended 5April|2023|Year|ended|5 April|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Expendable||Unrestricted|Expendable|||Unrestricted|
||||||Endowment|General|Total|Endowment|General||Total|
|||||Notes|Fund|Fund|2023|Fund||Fund|2022|
|Income from:||||||||||||
|Donations<br>and legacies||||||||||||
|-Legacy received||||||||2,897,308|||2,897,308|
|Investments||||||||||||
|-Investment<br>income||||||76,072|76,072||13,942||13,942|
|Total income||||||76,072|76,072|2,897,308|13,942||2,911,250|
|Expenditure<br>on:||||||||||||
|Raising funds||||||||||||
|-investment<br>tnanagement||fees|||21,134||21,134|14,415|||14,415|
|Charitable<br>activities||||||||||||
|- grants payable||||||128,200|128,200||59,950||59,950|
|-governance<br>costs||||||11,620|11,620|||9,715|9,715|
|Total expenditure|||||21,134|139,820|160,954|14,415|69,665||84,080|
|Net expenditure<br>before||gains and losses on||||||||||
|investment<br>assets|||||(21,134)|(63,748)|(84,882)|2,882,893|(55,723)||2,827,170|
|Net (losses)/gains|on investment||assets||(337,992)||(337,992|44,822)|||(44,822)|
|Net (expenditure)/income|||||(359,126)|(63,748)|(422,874)|2,838,071|(55,723)||2,782,348|
|Transfers||||||||||||
|Transfers between|funds||||(63,748)|63,748||55,723|55,723|||
|Net movement<br>in|funds||||(422,874)||(422,874)|2,782,348|||2,782,348|
|Reconciliation<br>of|Funds|||||||||||
|Total Funds at 6April 2022|||||3,401,889||3,401,889|619,541|||619,541|
|Total Funds at 5April||2023|||2,979,015||2,979,015|3,401,889|||3,401,889|





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|Investment|income|income||||2023|2022|
|---|---|---|---|---|---|---|---|
|Interest received||||||||
|Cater Allen||||||||
|Canaccord|Genuity|||||1,222||
|Quoted investment|||income|||74,850|13,942|
|||||||76,072|13,942|
|Expenditure||on charitable|||activities|2023|2022|
|Grants payable (see note||||6)||128,200|59,950|
|Support and||governance||costs (see note 4)||11,620|9,715|
|||||||139,820|69,665|
|Support and||governance|||costs|||
|||||||2023|2022|
|Support costs||||||||
|Bank charges|||||||25|
|Governance||costs||||||
|Accountancy||||||6,820|6,090|
|Independent||examination||||1,200||
|Legal||||||3,600|3,600|
|||||||11,620|9,690|
|Total||||||11,620|9,715|



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|6|Grants payable|||||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||Dean Close School|||||25,333|16,666|
||Hereford Cathedral|School||||28,267|(3,516)|
||ICinghain Hill School|||||9,400|7,000|
||Monkton<br>Combe School|||||48,867|26,100|
||Prior Park College|||||3,000|3,000|
||Shiplake College|||||13,333|10,000|
||St Leonards<br>School||||||700|
|||||||128,200|59,950|
||The grants paid relate||to support for 20|students|(2022; 10students)|||
|7|1nvestments|||||||
|||||||2023|2022|
||Market value|||||||
||At 6April 2022|||||3,269,070|596,704|
||Additions<br>at cost|||||664,788|2,894,967|
||Disposals<br>at carrying value<br>Net (loss)/gain<br>on revaluation|||||(893,064)<br>(263,324)|(181,510)<br>~41,091|
||At 5April 2023|||||2,777,470|3,269,070|
||Historical cost|||||3,020,284|3,164,414|
||Listed investments|at fair value comprised:||||2023|2022|
||UK government<br>stock||||||81,153|
||Other debt &fixed interest|||||856,907|656,852|
||UK equities|||||498,094|737,439|
||International<br>equities|||||1,200,459|1,496,952|
||Alternative<br>investments|||||222,010|296,674|
|||||||2,777,470|3,269,070|
|8|Cash balances|||||2023|2022|
||Cater Allen Private Bank|||||16,961|33,632|
|||||||16,961|33,632|
|9|Creditors: amounts||falling due within|one year||2023|2022|
||Grants payable|||||||
||Accruals|||||19,570|11,868|
|||||||19,570|11,868|





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|Analysis ofNet|A.ssets Between Funds|Expendable|||
|---|---|---|---|---|
|||Endowment|General|Total|
|||Fund|Fund|2023|
|Fixed assets investments||2,981,624||2,981,624|
|Cash at bank<br>Other current|assets|(1,609)|16,961<br>~16,961|16,961<br> ~19,570)|
|At 5April 2023||2,979,015||2,979,015|
|||Expendable|||
|||Endowment|General|Total|
|||Fund|Fund|2022|
|Fixed assets investments||3,380,125||3,380,125|
|Cash at bank|||33,632|33,632|
|Other current assets||21,764|(33,632)|(11,868)|
|At 5 April 2022||3,401,889||3,401,889|



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