| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| Total | Total | ||||
| Notes | 2022 | 2021 | |||
| INCOME | |||||
| Investment income |
109,622 | 133,701 | |||
| Donations | 600 | ||||
| TOTAL INCOME | 109,622 | 134,301 | |||
| EXPENDITURE | |||||
| Cost ofraising funds: | |||||
| Investment management |
fees | 43,427 | 37,477 | ||
| Charitable activities: |
|||||
| Grants payable | 86,074 | 133,464 | |||
| Governance costs: |
|||||
| Management and administration |
21,225 | 17,019 | |||
| TOTAL EXPENDITURE | 150,726 | 187,960 | |||
| NET (EXPENDITURE)/INCOME | BEFORE | ||||
| (LOSSES)/GAINS ON VA%STMENTS | (41,104) | (53,659) | |||
| Net (losses)/gains on investment |
assets | (489,799) | 492,145 | ||
| NET MOVEMENT IN FUNDS | (530,903) | 438,486 | |||
| RECONCILIATION | OF FUNDS | ||||
| Fund balances brought | fonvard | 6,066,636 | 5,628,150 | ||
| Fund balances carried fonvard | 5,535,733 | 6,066,636 |
| Notes | Total Funds | Total Funds |
|---|---|---|
| 2022 | 2021 | |
| K | ||
| FIXEDASSETS | ||
| Investments | 5,246,825 | 5,571,413 |
| CURRENT ASSETS | ||
| Debtors | 3,122 | 1 |
| Cash at bank | . 308,232 | 509,043 |
| TOTAL CURRENT ASSETS | 311,354 | 509,044 |
| CREDITORS: AMOUNTS DUE | ||
| WITHIN ONE YEAR | 22,446 | 13,821 |
| NET CURRENT ASSETS | 288,908 | 495,223 |
| TOTAL ASSETSLESS | ||
| CURRENT LIABILITIES | 5,535,733 | 6,066,636 |
| NET ASSETS | 5,535,733 | 6,066,636 |
| FUNDS | ||
| UNRESTRICTED INCOME FUNDS | ||
| General fund | 5,535,733 | 6,066,636 |
| INVESTMENT INCOME | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Bank interest receivable | 3,773 | 20 | |||
| Income receivable fiom UK. listed | investments | 9,116 | 27,387 | ||
| Income receivable fiom UK unlisted | inveshnents | 49,234 | 92,869 | ||
| Income receivable from overseas | listed inveshnents | 34,049 | 1,392 | ||
| Income receivable from overseas | unlisted | investment | 13,451 | 12,033 | |
| 109,622 | 133,701 | ||||
| GRANTS PAYABLK | |||||
| 2022 | 2021 | ||||
| Payable to individuals | 86,074 | 133,464 |
| MAN | AGEME | NT AND ADMIMSTRATION |
COSTS | |
|---|---|---|---|---|
| 2022 | 2021 | |||
| Audit | fees | 3,150 | 2,304 | |
| Other | support | costs | 18,075 | 14,715 |
| 21,225 | 17,019 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Market value | as | at | 1 January | 5,571,413 | 5,196,144 | ||
| Additions | 2,634,388 | 5,379,302 | |||||
| Disposal proceeds | (2,469,177) | (5,496,178) | |||||
| Net investtnent | (losses)/gains | (489,799) | 492,145 | ||||
| Market value | as | at | 31 December | 5,246,825 | 5,571,413 | ||
| Investments | are | represented | by; | ||||
| UI& listed inveshnents | 278,731 | 221,707 | |||||
| UK unlisted | inveshnents | 2,549,875 | 2,554,319 | ||||
| Overseas listed |
investments | 1,821,297 | 1,993,855 | ||||
| Overseas unlisted | investments | 596,922 | 801,532 | ||||
| 5,246,825 | 5,517,413 | ||||||
| 6. | DEBTORS | ||||||
| 2022 | 2021 | ||||||
| Prepayment | 2,812 | ||||||
| Accrued income | 310 | ||||||
| 3,122 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Grants payable | 4,984 | ||
| Accnrals | 17,462 | 13,821 | |
| 22,446 | 13,821 |
| Balance at | Balance at | Gains/ | Balance at | ||
|---|---|---|---|---|---|
| 1 January 2022 | Income | Expenditure | (Losses) | 31 December 2022 | |
| Unrestricted | 6,003,636 | 109,622 | (150,726) | (489,799) | 5,472,733 |
| (General) | |||||
| Designated | 63,000 | 63,000 | |||
| 6,066,636 | 109,622 | (150,726) | (489,799) | 5,535,733 |