2023-03-31-accounts

INDEX	Patte
Annual Report ofthe Trustees	1-4
Independent Examiners Report
Receipts and Payments Account
Statement ofAssets and Liabilities
Notes to the Financial Statements	8-12

Trustees as at31stMarch 2023:	Trustees as at31stMarch 2023:	Mrs SC Clark		Reverend	Canon G E Morris
		Mrs SGardiner		Mr AJP	Phillips
		MrAR Johnson		Mrs C LPutney
		Ms C Minett		Mrs SJWatson
Clerk tothe Trustees:		Mr M Scott
Assistant Clerk to
the Trustees:		Mrs SJWebb
Independent	Examiner:	Miss Ruth Herbert
		Wenn Townsend
		Gosditch House
		5 Gosditch Street
		Cirencester
		Gloucestershire
		GL7 2AG
Bankers:		Lloyds Bank pic
		14Castle Street
		Cirencester
		Gloucestershire
		GL7 1QJ
Solicitors:		Sewell Mullings	Logic
		7 Dollar Street
		Cirencester
		Gloucestershire
		GL7 2AS
Correspondence
Address:		7 Dollar Street
		Cirencester
		Gloucestershire
		GL7 2AS

		Note	Unrestricted	Restdicted	Endowment	Total
			Funds	Funds	Fund	2023	2022
Receipts Rent Received							305
Investment Income			83,690	1,056		84,746	83,329
Donation —John Jones
Charity			32,500			32,500
			116,195	1,056		117,251	83,634
Investment Sales							15
Total Receipts			116,195	1,056		117,251	83,649
Payments Cost ofGenerating	Funds		2,651			2,651	11,316
Chaditable Activities:
Grants Paid			47,860	270		48,130	24,770
Governance Costs			24,102			24,102	14,746
			74,613	270		74,883	50,832
Investment Purchases
Total Expenditure			74,613	270		74,883	50,832
Net Receipts/(Payments) forthe year			41,582	786		42,368	32,817
Cash Funds brought forward			119,837	5,730	181,288	306,855	274,038
Cash Funds			6161,419	F6,516	6181,288	F349,223	F306,855

			Note	Unrestricted	Restricted	Endowment	Total
				Funds	Funds	Fund	2023	2022
Fixed Assets
Freehold Land			4	36,499			36,499	36,499
Investments:			5
COIF Income Shares				243,139	20,946	1,853,542	2,117,627	2,200,912
Brewin Dolphin	Portfolio			399,653	20,261	433,762	853,676	912,393
Black Rock Charities						127,726	127,726	129,101
M &G Charifund						76,225	76,225	81,187
				679,291	41,207	2,491,255	3,211,753	3,360,092
Current Assets
Debtors			6	4,280			4,280	19,500
Cash Funds			7	161,419	6,516	181,288	349,223	306,855
				165,699	6,516	181,288	353,503	326,355
Creditors: amounts		falling
due within	one year		8	9,027			9,027	12,663
Net Current Assets				156,672	6,516	181,288	344,476	313,692
Net Assets			9	6835,963	f47,723	62,672,543	63,556,229	93,673,784

1.	Costs ofGeneratin	Funds
						2023	2022
	Brewin Dolphin —Investment Management Clerks Fees- Property Management					2,651	6,276 5,040
						2,651	F11,316
2,	Grants - Paid
	General Funds:
	Deer Park School:
	Educational Enhancement					10,000	9,500
	Astro turf					14,500
						24,500	9,500
	Powell's School:
	Educational Enhancement					6,000	5,707
	Property Repairs					7,810
						13,810	5,707
	Kingshill School: Educational Enhancement					9,000	9,000
	Capital Grant
						9,000	9,000
	Other Grants:
	Cirencester College —Prize Award					550
	Restricted Funds:
	Frank Miles Memorial Robert Ellett Memorial George and Florence	Prize (Deer Park and Kingshill) Prize (Deer Park and Kingshill) May Lait Memoriial Prize				90 90	90 90 293
	1457Prize Fund (Cirencester College) Cirencester Grammar School Memorial Trust- Annual				Student Awards	90	90
	(Cirencester College)					270	563
	Total Grants Paid					F 48,130	F24,770

Governance	C	osts
			2023	2022
Clerk's Fees			14,880	11,760
Accountancy Independent Repairs	Charges Examiners Fees		6,926 700 1,596	1,560 600 826
			F 24,102	8 14,746
Fixed Assets:		Freehold Land
Cost:
At 1st April		2022 and at 31st March 2023		F36,499

Fix d As	sets: Inv stments	sets: Inv stments	sets: Inv stments	sets: Inv stments
Charities	Official Investment				Fund - Income Shares
						Market
						Value
As at 1stApril 2022						2,200,912
Additions	at cost
Unrealised	Gain/(Loss)		on	Investments		(83,285)
Realised	Gain/(Loss)	on Disposals
At 31stMarch 2023						82,117,627
The cost	ofthe investments			as	at 31stMarch 2023was 8139,863 (2022-6139,863).

Brewin Dolphin Portfolio	Brewin Dolphin Portfolio	Brewin Dolphin Portfolio				Market
						Value
As at 1st April 2022						912,393
Additions at cost including			Accumulated		Dividends
Disposal Proceeds Unrealised Gain/(Loss)	on		Investments			(58,717)
Realised Gain/(Loss) on		Disposals
At 31st March 2023						6 853,676
The costofthese investments				as at 31stMarch 2023was E(2022 -E713,229).
						Market
						Value
Black Rock Chariities	UK Equity Fund				A Income
As at 1st April 2022 Unrealised Gain/(Loss)	during			the year		129,101 (1,375)
At 31st March 2023						8 127,726
The cost ofthese investments				as at 31st March 2023was F120,000 (2022 -F120,000).
						Market
						Value
MSG Fund
As at 1st April 2022 Unrealised Gain/(Loss)		during		the year		81,187 (4,962)
At 31stMarch 2023						f 76,225
The cost ofthese investments				as at 31stMarch 2023was E80,000(2022- F80,000).

					2023		2022
6.	Debtors
	Donation Receivable —John		Jones Charity				19,500
	Black Rock Dividends				4,280
				f	4,280		19,500
7.	Cash Funds
					2023		2022
	Lloyds Bank Sewell Mullings Brewin Dolphin	Logic			258,416 42,886 47,921	189,302 68,618 48,935
				f	349,223	f306,855
8.	Creditors
					2023		2022
	Brewin Dolphin Investment Accountancy Fees Clerk's Fees		Fees		267 3,600 5,160		1,593 7,830 3,240
					9,027	f	12,663

		At 1st	Surplus		At31st
		April	(Deficit) for		March
		2022	the Year	Transfers	2023
Unrestricted Funds:
General Reserve		808,466	27,497		835,963
Restricted Funds:
Frank Miles Memorial Prize Fund		6,803	(144)		6,659
Robert Ellett Memorial	Prize Fund	6,636	(145)		6,491
George and Florence May Lait- Memorial Prize Fund		14,106	(105)		14,001
1457 Prize Fund		17,149	(733)		16,416
Cirencester Grammar	School
Memorial Trust		4,460	(304)		4,156
Total restdicted funds		49,154	(1,431)		47,723
Endowment Fund		2,816,164	(143,621)		2,672,543
Total Funds		83,673,784	E(117,555)	E -	F3,556,229