2022-03-31-accounts

			Page
Trust information			2-3
Trustee report			4-7
Independent examiner's		report
Statement offinancial		activities
Balance sheet			10
Notes to the financial	statements		11-20

					2022	2022	2022	2022	2021
					Unrestricted	Restricted Endowment		Total	Total
				Note	funds f.	fund f	funds f	funds	fundsf
Income and endowments			from:
Voluntary income				2		20,000		20,000	20,000
Investntent income				3	28,274			28,274	29.319
Total income					28,274	20,000		48,274	49,319
Expenditure on:
Investment management		costs		4			7,214	7,214	6,268
Charitable activities				5	28,176	24,730	—	52,906	27,180
Tots I expenditure					28,176	24,730	7,214	60,120	33.448
Net income/(expenditure)
before investment	gains	and losses			98	(4,730)	(7,214)	(11,846)	15.871
Net unrealised and	realised		gains
on investments				6			93,718	93,718	314,145
Net income and movement			in funds		98	(4,730)	86,504	81,872	330,016
Total funds brought	foovard at I April				35.642	8.046	1,388.072	1.431,760	1,101,744
Total funds carried forward at 31 March					35,740	3,316	1,474,576	1,513,632	1.431.760

			2022	2022	2022	2022
			Unrestricted	Restricted	Endowment	Total
			funds	fund	funds	funds
				f
2.	Voluntary	income - 2022
	Grants received			20,000		20,000
	Donations
				20,000		20,000

												2021	2021	2021	2021	2021
										Unrestricted			Restricted Endowment			Total
												funds f		fund	funds f	fundsf
Voluntary		income - 2021
Grants	received													20,000		20,000
Donations
														20.000		20,000
Grant	income		represents		a grant		received	from	the	City & Guilds		of	London	institute	Corporate	Community
Involvement		Programme		to		assist	those undertaking		City & Guilds		saddlery		qualifications.
												2022		2022	2022	2022
										Unrestricted			Restricted Endowment			Total
												funds 5		fund	funds	fundsf
Investment		income - 2022
Dividends		and	distributions			from
investment		portfolio										25,164		3,101		28)265
Interest	on	cash on deposit			and at		bank						9			9
												25,173		3,101		28,274

							2021	2021	2021	2021
							Unrestricted	Restricted	Endowment	Total
							funds	fund	funds	funds
							f	f	f
	Investment		income - 2021
	Dividends		and	distributions		from
	investment		portfolio				26,085	3,215		29,300
	Interest on		cash on deposit			and at bank	19			19
							26,104	3,215		29,319
							2022	2022	2022	2022
							Unrestricted	Restricted	Endowment	Total
							funds	fund	funds	funds
							f		f	f.
4.	Investment		management			casts -2022
	Investment		management		fees				7,214	7,214
							2021	2021	2021	2021
							Unrestricted	Restricted	Endowment	Total
							funds	fund	funds	funds
								f	f	6
	Investment		management			costs -2021
	Investment		management		fees				6,268	6,268
							2022	2022	2022	2022
							Unrestricted	Restricted	Endowment	Total
							funds	fund f	funds f	fundsf
	Charitable		activities - 2022
	Grants payable						22,632	24,730		47,362
	Support costs:
	Staff costs						3,880			3,880
	Printing	and		stationery			96			96
	Travelling		expenses				248			248
	Professional			fee			1,320			1,320
							28,176	24,730		52,906

			2021	2021	2021	2021
			Unrestricted	Restricted	Endowment	Total
			funds	fund	funds	funds
			f	f	f,	t
Charitable	activities - 2021
Grants payable			5.723	16.027		21.750
Support costs:
Staff costs			4,109			4.109
Printing and		stntionery	91			91
Iravelling	expenses
Professional		fee	1.230			1.230
			11,153	16.027		27.IN)

		2022	2021
		Total	Tout l
		funds	funds
			f.
Fixed assets —investment	portfolio
Market value at I April 2021		1,383,962	1,075.664
Add: Purchases at cost		163,310	413,470
Less: Sales proceeds		(173,838)	(406.885)
Net realised gains		37,175	13.222
Net unrealised gains		56,543	300.923
Movement in cash held as	part ofportfolio	3,418	(12.432)
Market value at 31 March	2022	1,470,570	1,383.962
Cost at 31 March 2022		1,224,064	1.193,896
		2022	2021
		Total	Total
		Funds	funds
Debtors
Sundry debtors		4,265	4,702

to the fi	nancial	s	tatements -	31March 2022
					2022	2021
					Total	Total
					Funds	funds
Creditors:	Amounts	falling due within		one year
Accruals					8,535	3,601
Sundry creditors					500	300
Deferred income					15,000	16,000
					24,035	18,901
Permanent	endowment		funds

					2021	2022	2022
						Movement
					Total	in Year	Total
						6	f
Permanent	endowment	funds	-	2022	1,236,198	77,013	1,313,211

					2020	2021	2021
						Movement
					Total	in Yearf	Totalf
Permanent	endowment	funds	-	2021	962,101	274,097	1,236,198

					2021	2022	2022
						Movement
					Total	In Year	Total
							f,
Expendable	cndownient	fund			151,874	9,491	161,365
Expendable	endowment	fund	-	2021
					2020	2021	2021
						Movement
					Total	In Yearf	Total
Expendable	endowment	fund			118,094	33,780	151,874

Restricted	fund - 2022
			2021	2022	2022	2022	2022
						Transfer
			Total	Income	Expenditure	between	Total
			funds	f.		fundsf	funds
City &Guilds Bursary		fund	8,046	20,000	(24,730)		3,316
Restricted	fund - 2021
			2020	2021	2021	2021	2021
						Transfer
			Total	Income	Expenditure	between	Total
			funds			funds	funds
			f		f.		f
City &Guilds Bursary		fund	4,073	20.000	(16.027)		8.046

Unrestricted	funds-designa	ted fund - 2022
			2021	2022	2022	2022	2022
						Transfer
			Total	Income	Expenditure	between	Total
			funds	f		funds f	fundsf
Millennium	Apprenticeship	Scheme		3&102	(4,313)	1,211

Unrestricted	funds-designa	ted fund - 2021
			2020	2021	2021	2021	2021
						Transfer
			Total	Income	Expenditure	between	Total
			funds			funds	funds
					f		f
Millennium	Apprenticeship	Scheme		3,215	(2,952)	(263)

Unrestri	cted	funds-general	fund - 2022
				2021	2022	2022	2022	2022
							Transfer
				Total	Income	Expenditure	between	Total
				fundsf		f	funds	fundsf
General	fund			35,642	25,172	(23,863)	(1,211)	35,740
The transfer		to unrestricted	funds-designated	fund represents net	deficit on that fund for the		year of11,211	(see note
12).
Unrestricted		funds-general	fund - 2021
				2020	2021	2021	2021	2021
							Transfer
				Total	Income	Expenditure	between	Total
				fundsf	f.	f	funds f	fundsf
General	fund			17,476	26,104	(8,201)	263	35,642