2023-03-31-accounts

			Page
Report ofthe	Trustees		1 to	6
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet			9 to	10
Notes tothe Financial Statements			11 to	20
Detailed Statement ofFinancial Activities			21 to	22

							2023	2022
					Unrestricted	Endowment	Total	Total
					fund	funds	funds	funds
				Notes	f	f	f	f
INCOME AND ENDON/MENTS			FROM
Donations	and legacies				5,891		5,891	9,344
Charitable	activities
Charitable					9,504		9,504	12,194
Investment	income				93,435	1,312	94,747	69,158
Total					108,830	1,312	110,142	90,696
EXPENDITURE ON
Charitable	activities
Charitable					&5,041	846	85,887	152,968
Support and governance		costs			12,133		12,133	12,779
Total					97,174	846	98,020	165,747
Net gains/(losses) on investments					(115,502)	(1,580)	(117,082)	115,084
NET INCOME / (EXPENDITURE)					(103,846)	(1,114)	(104,960)	40,033
RECONCILIATION OF FUNDS
Total funds	brought forward				1,734,458	48,739	1,783,197	1,743,164
TOTAL FUNDS CARRIED		FORNIARD			1,630,612	47,625	1,678,237	1,783,197

				2023	2022
		Unrestricted	Endowment	Total	Total
		fund	funds	funds	funds
	Notes	f	f	f	f
FIXEDASSETS
Investments
Investments	11	1,190,940	40,175	1,231,115	1,348,197
Investment property	12	401,113		401,113	401,113
		1,592,053	40,175	1,632,228	1,749,310
CURRENT ASSETS
Debtors	13				270
Cash at bank		41,627	7,551	49,178	36,768
		41,627	7,551	49,178	3?,038
CREDITORS
Amounts falling due within one year	14	(3,068)	(101)	(3,169)	(3,151)
NET CURRENT ASSETS		38,559	7,450	46,009	33,887
TOTAL ASSETS LESSCURRENT LIABILITIES		1,630,612	47,625	1,678,237	1,783,197
NET ASSETS		1,630,612	47,625	1,678,237	1,783,197

		Notes	tothe Financial Statements	-continued
			for the Year Ended 31March	2023
2.	DONATIONS	AND LEGACIES
					2023	2022
					f	f
	Donations				5,891	9,344
3.	INVESTMENT INCOME
					2023	2022
					f	f
	Rents received				50,185	25,207
	Investment	income			44,373	43,875
	Deposit account interest				189	76
					94,747	69,158
4.	INCOME FROM CHARITABLE		ACTIVITIES
					2023	2022
						f
	Insurance				9,064	8,144
	Stroud District Council - contributions				440	4,050
					9,504	12,194
5.	CHARITABLE	ACTIVITIES COSTS
				Direct costs	Grant funding
				(see note	activities (see
				6)	note 7)	Totals
				f	f	f
	Charitable			21704	64183	85887

Direct costs	Grant funding
(see note	activities (see
6)	note 7)	Totals
f	f	f
21,704	64,183	85,887

					2023	2022
					f	f
Buildings		insurance			12,689	12,200
Management commissions					3,715	885
Property		expenses and repairs			3,642	80,302
School	of	Science and Art expenses			812	2,390
Prizes					846	830
					21,704	96,607
GRANTS PAYABLE
					2023	2022
					f	f
Charitable					64,183	56,361
The total		grants	paid to institutions	during the year was as follows:
					2023	2022
					f	f
Stroud	High School				15,000	6,000
Archway		School			8,428	8,316
Marling	School				12,000	12,000
Grants	to	other	institutions		7,167	7,007
					42,595	33,323
The total		grants	paid to individuals	during the year was as follows:
					2023	2022
					f	f
Grants	to	individuals			21,588	23,038

				Governance
			Management	costs and
				Finance	Totals
			f	f	f
Other	resources	expended	10,081	2,052	12,133
			10,081	2,052	12,133

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -2022	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -2022	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -2022	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -2022
			Unrestricted	Endowment	Total
			fund	funds	funds
			f	f	f
INCOME AND ENDOWMENTS		FROM
Donations	and legacies		9344		9,344
Charitable	activities
Charitable			12,194		12,194
Investment	income		67,938	1,220	69,158
Total			89,476	1,220	90,696
EXPENDITURE ON
Charitable	activities
Charita b le			164,917	830	165,747
Total			164,917	830	165,747
Net gains/(losses) on investments			111,767	3,317	115,084
NET INCOME / (EXPENDITURE)			36,326	3,707	40,033

10.	COMPARATIVES FOR THE	STATEMENT OF FINANCIAL	ACTIVITIES - continued	ACTIVITIES - continued
			Unrestricted	Endowment	Total
			fund	funds	funds
			f	f	f
	RECONCILIATION OF FUNDS
	Total funds brought forward		1,698,132	45,032	1,743,164
	TOTAL FUNDS CARRIED FORWARD		1,734,458	48,739	1,783,197
11.	FIXEDASSET INVESTMENTS
					Listed
					investments
					f
	MARKET VALUE
	At 1April 2022				1,348,197
	Additions				1,003,083
	Disposals				(1,003,083)
	Revaluations				(117,082)
	At 31March 2023				1,231,115
	NET BOOK VALUE
	At 31March 2023				1,231,115
	At 31March 2022				1,348,197
	There were no investment	assets outside the UK.

FAIR VALUE
At 1April 2022	401,113
Addition / (Disposals)
At 31March 2023	401,113
NET BOOK VALUE
At 31March 2023	401,113
At 31March 2022	401,113

13.	DEBTORS:AMOUNTS F	ALLING DUE WITHIN ONE YEAR
			2023	2022
			f
	Rents receivable			270
14.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2023	2022
			f	f
	Trade creditors		1,189	1,171
	Other creditors		1,980	1,980
			3,169	3,151

MOVEMENT	IN FUNDS
			Net	Transfers
			movement	between	At
		At 1.4.22	in funds	funds	31.3.23
		E	f	E	f
Unrestricted	funds
General fund		1,734,458	(103,846)		1,630,612
Endowment	funds
Endowment	funds	48,739	{1,114)		47,625
		48,739	(1,114)		47,625
TOTAL FUNDS		1,783,197	(104,960)		1,678,237

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		E		f	E
Unrestricted	funds
General fund		108,830	(97,174)	(115,502)	(103.846)
Endowment	funds
Endowment	funds	1,312	(846)	(1,580)	(1,114)
		1,312	(846)	(1,580)	(1,114)
TOTAL FUNDS		110,142	(98,020)	(117,082)	{104,960)

			Net	Transfers
			movement	between	At
		At 1.4.21	in funds	funds	31.3.22
		f	f	f
Unrestricted	funds
General fund		1,698,132	36,326		1,734,458
Endowment	funds
Endowment	funds	45,032	3,707		48,739
TOTAL FUNDS		1,743,164	40,033		1,783,197

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		f	f	f
Unrestricted	funds
General fund		89,476	(164,917)	111,767	36,326
Endowment	funds
Endowment	funds	1,220	(830)	3,317	3,707
TOTAL FUNDS		90,696	(165,747)	115,0&4	40,033

			Net	Transfers
			movement	between	At
		At 1.4.21	in funds	funds	31.3.23
			f	f	E
Unrestricted	funds
General fund		1,698,132	(67,520)		1,630,612
Endowment	funds
Endowment	funds	45,032	2,593		47,625
		45,032	2,593		47,625
TOTAL FUNDS		1,743,164	(64,927)		1,678,237

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		f	E	E	F
Unrestricted	funds
General fund		198,306	(262,091)	(3,735)	(67,520)
Endowment	funds
Endowment	funds	2,532	(1,676)	1,737	2,593
		2,532	(1,676)	1,737	2,593
TOTAL FUNDS		200,838	(263,767)	(1,998)	(64,927)

				2023	2022
		Unrestricted	Endowment	Total	Total
		funds	funds	funds	funds
		E	E	f	f
INCOME AND ENDOWMENTS
Donations and legacies
Donations		5,891		5,891	9,344
Investment income
Rents received		50,185		50,185	25,207
Investment income		43,204	1,169	44,373	43,875
Deposit account interest		46	143	189	76
		93,435	1,312	94,747	69,158
Charitable activities
Insurance		9,064		9,064	8,144
Stroud District Council		440		440	4,050
		9,504		9,504	12,194
Total incoming resources		108,830	1,312	110,142	90,696
EXPENDITURE
Charitable activities
Buildings Insurance		12,689		12,689	12,200
Management commissions		3,715		3,715	885
Property expenses	and repairs	3,642		3,642	80,302
Prizes			846	846	830
School ofArt expenses		812		812	2,390
Grants to institutions		42,595		42,595	33,323
Grants to individuals		21,588		21,588	23,038
		85,041	846	85,887	152,968
Support costs
Management
Website costs		240		240	167
Carried forward		240		240	167

									2023	2022
							Unrestricted	Endowment	Total	Total
							funds	funds	funds	funds
							f	f	f	f
Management
Brought forward							240		240	167
Telephone							143		143	176
Printing and	stationery						202		202	271
Postage							299		299	183
Clerk's fees							9,183		9,183	8,719
Travel S.meetings			costs				14		14	11
							10,081		10,081	9,527
Finance
Bank charges							102		102	38
Governance	costs
Legal and professional					fees					1,234
Accountancy	and		examiner's			fee	1,950		1,950	1,980
							1,950		1,950	3,214
Total resources	expended						97,174	846	98,020	165,747
Net expenditure		before			gains	and losses	11,656	466	12,122	(75,051)
Realised recognised			gains and			losses
Realised gains/(losses)				on fixed asset
investments							(29,134)		(29,134)	2,460
Net expenditure							(17,478)		(17,012)	(72,591)