##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Notes|2023|2022|
|---|---|---|---|---|---|
|||||f.|F|
|Unrestricted
eneral fund||||||
|Income:||||||
|Investment
income||||63,643|66,918|
|Expenditure
on:||||||
|Charitable
activities||||||
|Donations||||61,800|60,480|
|Governance
costs||||11,160|11,146|
|||||72,960|71,626|
|Raising
funds||||||
|Brokers' fees||||672|672|
|Total expenditure||||73,632|72,298|
|Net (losses)/gains|on investment|assets||(253,113)|(97,430)|
|Net (expenditure)/income||||(263,102)|(102,810)|
|Reconciliation
offunds||||||
|Balance brought
forward||||4,706,978|4,809,788|
|Balance carried forward||||4,443,876|4,706,978|
##
|||||Notes|2023|2022|
|---|---|---|---|---|---|---|
||||||f|F|
|Fixed Assets|||||||
|Investments|||||4,426,981|4,657,809|
|Current Assets|||||||
|Cash at bank|||||76,395|58,169|
|Liabilities:
Creditors: amount||falling due within one year||8|~(59,500|~9,000I|
|Net current|assets||||16,895|49,169|
|Net Assets|||||4,443,876|4,706,978|
|Represented|by||||||
|Funds|||||||
|Unrestricted|general||fund||4,443,876|4,706,978|
##
##
##
##
##
##
##
##
##
|INVESTMENT INCOME|||||2023|2022|
|---|---|---|---|---|---|---|
|||||||F|
|Fixed asset investments|||||||
|EPIC Oriental
Focus Fund|- Class BF||||22,360|25,112|
|VT EPIC Asian Centric Global Growth|||Fund||41,007|41,806|
||||||63,367|66,918|
|Bank interest|||||276||
||||||63„643|66,924|
|CHARITABLE DONATIONS|||||2023|2022|
|Institutions|||||F|F|
|Chase Africa|||||2,000|5,000|
|Cirdan
Sailing Trust||||||5,000|
|Gurkha Welfare Trust||||||5,000|
|Helen and Douglas House|||||3,000|8,000|
|Horse Time||||||2,000|
|Institute of Cancer Research|||||30,000|(270)|
|Keble College, Oxford|||||5,000|5,000|
|Keble College, Oxford -|Retirement|ofWarden|||2,000||
|MACS (Microphthalmia,|Anophthalmia||& Coloboma|Support)||2,000|
|MacMillan
Cancer Support|||||2,000||
|Prickles Hedgehog
Rescue|||||300||
|Prisoners
of Conscience|||||3,000|5,000|
|RADA||||||5,000|
|Rainbow Trust|||||3,000|2,000|
|Sequal Trust||||||2,000|
|St Paul's Church
Knightsbridge|||||1,000||
|Tait Memorial
Trust|||||3,000|3,750|
|University
Of Edinburgh|Development||Trust||4,500||
|Upham
PCC||||||3,000|
|Wessex Children's
Hospice Trust (Naomi House 8||||Jacksplace)|3,000|8,000|
||||||61,800|60,480|
##
##
##
##
|||2023|2022|
|---|---|---|---|
|Accountancy|and independent|||
|examination|charges|9,000|8,775|
|Irrecoverable|VAT|1,800|1,755|
|Bank charges||360|360|
|Trustees'
expenses|||256|
|||11,160|11,146|
##
##
##
##
|FIXED ASSET INVESTMENTS||||
|---|---|---|---|
|Market value at 6th April 2022|||4,657,810|
|Additions
at cost|||22,360|
||||4,680,170|
|Disposal
at opening
book value||||
||||4,680,170|
|Net unrealised
loss on revaluation|||~253,189|
|Market value at 5th April 2023|||4,426,981|
|Historical cost at 5th April 2023 (2022:F1,003,716)|||1,026,076|
|Analysis
of investments
held at 5th April 2023||||
|at valuation-||||
||UK|NON-UK|TOTAL|
|Listed investments||||
|EPIC Oriental
Focus Fund||||
|Class BGBP||1,190,944|1,190,944|
|VT EPIC Asian Centric Global||||
|Growth
Fund - Class R 6 Net inc|3,236,037||3,236,037|
||3,236,037|1,190,944|4,426,981|
||3,236,037|1„190,944|4,426,981|
##
##
##
##
|CASH AT BANK|||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||F||
|C Hoare 8 Co|||||||
|Current account|||||53,399|34,576|
|Evelyn
Partners
(formerly||Smith 8 Williamson)|||||
|Sterling accounts|||||21,387|22,059|
|Euro income account|||||1,609|1,534|
||||||76,395|58,169|
|CREDITORS: AMOUNTS||FALLING|DUE WITHIN|ONE YEAR|||
||||||2023|2022|
|Begbies|||||9,000|9,000|
|Charitable
donations
payable|||||50,500||
||||||59,500|9,000|
|TOTAL NET ASSETS SINCE INCEPTION|||||||
|Capital
introduced
by R.C.Thornton|||in 1983|||1,100,520|
|Investment
income and royalties|||||2,870,706||
|Deposit account interest|||||279,313||
|VAT recovered|||||47,982||
|Underwriting
commission|||||3,173||
|Transitional
tax relief received|||||11,015||
|||||||3,212,189|
|||||||4,312,709|
|Net gains on revaluation|and disposal
of investment|||assets||8,136,489|
|||||||12,449,198|
|Less:|||||||
|Charitable
donations
(see||Note 10)|||7,466,269||
|Exchange losses|||||21,046||
|Management
and administration|||||518,007||
|||||||8,005,322|
|Total net assets at 5th|ApriI 2023|||||4,443„876|
##
##
|Year|to|5|April:-||
|---|---|---|---|---|
||||2023|61,800|
||||2022|60,480|
||||2021|131,461|
||||2020|1,114,680|
||||2019|134,500|
||||2018|230,884|
||||2017|160,340|
||||2016|106,000|
||||2015|94,700|
||||2014|140,640|
||||2013|100,388|
||||2012|204,203|
||||2011|218,675|
||||2010|153,745|
||||2009|321,450|
||||2008|274,800|
||||2007|226,250|
||||2006|215,000|
||||2005|173,000|
||||2004|102,400|
||||2003|226,913|
||||2002|116,041|
||||2001|356,936|
||||2000|103,800|
||||1999|182,670|
||||1998|120,012|
||||1997|314,322|
||||1996|188,168|
||||1995|291,142|
||||1994|72,579|
||||1993|184,280|
||||1992|82,225|
||||1991|144,565|
||||1990|142,630|
||||1989|156,045|
||||1988|313,795|
||||1987|100,250|
||||1986|64,850|
||||1985|51,950|
||||1984|27,700|
|||||7,466,269|