|||||Page||
|---|---|---|---|---|---|
|Refereace and Administrative||Details||||
|Trustees' Report|||2|to|9|
|Statement ofTrustees'|Responsibilities|||10||
|Report ofthe Indepeadent<br>Auditors|||11|to|14|
|Statement ofFinancial|Activities|||15||
|Statement ofFinancial|Position|||16||
|Statement ofCash Flows||||17||
|Notes to the Statement|ofCash|Flows||18||
|Notes to the Fiaancial|Statements||19|to|27|
|Detailed Statement of|Financial|Activities|28|to|29|





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||||||||31/12/22|31/12/21|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|fuad|funds|funds|
|||||Notes||8|f|8|
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations and legacies||||2|1,063,010||1,063,010|3,375,220|
|Investment<br>income||||3|132,385||132,385|149,016|
|Other income|||||713,303||713,303|506,826|
|Total|||||1,908,698||1,908,698|4,031,062|
|EXPENDITURE|ON||||||||
|Raising funds|||||23,364||23,364|21,974|
|Charitable<br>activities|||||||||
|Direct Charitable<br>Expenditure|||||||||
||||||1,994,174|18,780|2,012,954|2,157,209|
|Other|||||647,027||647,027|615,604|
|Total|||||2,664,565|18,780|2,683,345|2,794,787|
|Net gains/(losses)|on investments||||(494,633)||(494,633)|230,072|
|NET INCOME/(EXPENDITURE)|||||(1,250,500)|(18,780)|(1,269,280)|1,466,347|
|RECONCILIATION||OFFUNDS|||||||
|Total funds bmught<br>forward|||||9,564,348|471,840|10,036,188|8,569,841|
|TOTAL FUNDS|CARRIED FORWARD||||8,313,848|453,060|8,766,908|10,036,188|





## 

|||||31/12/22|31/12/21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|funds<br>f|fund<br>f|funds<br>f|fundsf|
|FIXEDASSETS||||||
|Tangible assets|9|19,980|453,060|473,040|493,950|
|Investments|10|3,831,919||3,831,919|4,224,909|
|||3,851,899|453,060|4,304,959|4,718,859|
|CURRENT ASSETS||||||
|Debtors|11|235,427||235,427|344,120|
|Cash at bank||4,348,571||4,348,571|5,104,031|
|||4,583,998||4,583,998|5,448,151|
|CREDITORS||||||
|Amounts<br>falling due within one year|12|(122,049)||(122,049)|(130,822)|
|NET CURRENT ASSETS||4,461,949||4,461,949|5,317,329|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||8,313,848|453,060|8,766,908|10,036,188|
|NET ASSETS||8,313,848|453,060|8,766,908|10,036,188|
|FUNDS|13|||||
|Unrestricted<br>funds||||8,313,848|9,564,348|
|Restricted funds||||453,060|471,840|
|TOTAL FUNDS||||8,766,908|10,036,188|






## 

## 

|for the Year Ended 31D|e|cember 202|2|||
|---|---|---|---|---|---|
|||||31/12/22|31/12/21|
||||Notes|8|8|
|Cash flows from operating||activities||||
|Cash generated<br>fiom operations||||(240,785)|703,704|
|Net cash (used in)/provided||by operating<br>activities||(240,785)|703,704|
|Cash flows from investing||activities||||
|Purchase oftangible fixed|assets|||(9,429)|(8,614)|
|Purchase offixed asset investments||||(101,643)|(575,793)|
|Sale offixed asset investments||||(494,633)|230,072|
|Interest received||||27,364|13,304|
|Dividends<br>received||||63,666|49,452|
|Net cash used in investing|activities|||(514,675)|(291,579)|
|Chaage in cash and cash|equivalents||in the|||
|reporting period||||(755,460)|412,125|
|Cash and cash equivaleats||at the beginning||||
|ofthe reporting<br>period||||5,104,031|4,691,906|
|Cash and cash equivaleats||atthe end|ofthe|||
|reportiag period||||4,348,571|5,104,031|





## 

|Year Ended 31Decem|Year Ended 31Decem|ber|2022|2022||||
|---|---|---|---|---|---|---|---|
|RECONCILIATION||OF|NET (EXPENDITURE)/INCOME||TO NET CASH|FLOW FROM OPERATING||
|ACTIVITIES||||||||
|||||||31/12/22|31/12/21|
|||||||f|8|
|Net (expenditure)/income|||for the reporting period (as per the||Statement|||
|ofFinaacial Activities)||||||(1,269,280)|1,466,347|
|Adjushnents<br>for:||||||||
|Depreciation<br>charges||||||30,339|33,547|
|Losses/(gain)<br>on investments||||||989,266|(460,144)|
|Interest received||||||(27,364)|(13,304)|
|Dividends<br>received||||||(63,666)|(49,452)|
|Decrease/(increase)|in debtors|||||108,693|(332,629)|
|(Decrease)/increase|in creditors|||||(8,773)|59,339|
|Net cash (used in)/provided||||by operations||(240,785)|703,704|
|ANALYSIS OF CHANGES||||IN NET FUNDS||||
||||||At I/I/22f|Cash flow<br>f|At 31/12/22|
|Net cash||||||||
|Cash at bank|||||5,104,031|(755,460)|4,348,571|
||||||5,104,031|(755,460)|4,348,571|
|Total|||||5,104,031|(755,460)|4,348,571|



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|DONATIONS<br>AND LEGACIES|||||
|---|---|---|---|---|
||||31/12/22|31/12/21|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||8|8||8|
|Donations|1,063,010||1,063,010|3,375,220|
|INVESTMENT INCOME|||||
||||31/12/22|31/12/21|
||Unrestricted|Restricted|Total|Total|
||fundsf|funds<br>8|funds|fuads<br>f|
|Gain on disposal ofinvestment|41,355||41,355|86,260|
|Listed income|63,666||63,666|49,452|
|Interest received|27,364||27,364|13,304|
||132,385||132,385|149,016|



## 

||||||31/12/22|31/12/21|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|flinda|funds|
||||g|||8|
|Fund|manager|costs|23,364||23,364|21,974|



## 



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|||||Governance|
|---|---|---|---|---|
|||||costs|
|||||g|
|Other resources expended||||647,027|
|Support costs, included||in the above, are as follows:|||
||||31/12/22|31/12/21|
||||Other||
||||resources|Total|
||||expended<br>f|activities<br>g|
|Wages|||169,322|167,080|
|Social security|||154,469|134,680|
|Pensions|||65,396|62,210|
|Auditors'|remuneration||10,773|11,368|
|Rates and|water||10,559|10,598|
|Insurance|||19,718|17,634|
|Light and|heat||22,597|16,242|
|Telephone|and fax||8,627|17,409|
|PPS|||3,740|11,251|
|Sundries|||3,284|2,880|
|Repairs and maintenance|||12,718|12,085|
|Staff training||||8,660|
|Staffmedical costs|||11,080|10,140|
|Motor and travel expenses|||18,690|5,837|
|Computer|costs||15,567|12,715|
|Subscriptions|||49,861|30,260|
|Bmk charges|||1,376|1,365|
|Marketing|costs||35,690|47,063|
|Equipment|hire||3,221|2,580|
|Depreciation oftangible||fixed assets|30,339|33,547|
||||647,027|615,604|



## 



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|||||2022|2021|
|---|---|---|---|---|---|
|6230,001 - 6300,000||||I||
|8220,001 - 6230,000|||||I|
|860,001 - 870,000||||5|1|
|TANGIBLE FIXEDASSETS||||||
||||Fixtures|||
||Freehold|Plant and|and|Computer||
||property<br>8|machinery<br>f|fittings|system|Totals|
|COST||||||
|At 1 January 2022|941,000|168,940|66,368|57,036|1,233,344|
|Additions||9,429|||9,429|
|At 31December 2022|941,000|178,369|66,368|57,036|1,242,773|
|DEPRECIATION||||||
|At 1 January 2022|469,160|153,403|59,795|57,036|739,394|
|Charge for year|18,780|9,036|2,523||30,339|
|At 31December 2022|487,940|162,439|62,318|57,036|769,733|
|NET BOOKVALUE||||||
|At 31December 2022|453,060|15,930|4,050||473,040|
|At 31December 2021|471,840|15,537|6,573||493,950|






## 

## 

|||Listed|
|---|---|---|
|||investments|
|||8|
|MARKET VALUE|||
|At 1 January 2022||4,224.909|
|Additions||101,643|
|Revaluations||(494,633)|
|At 31December 2022||3,831,919|
|NET BOOKVALUE|||
|At 31December 2022||3,831,919|
|At 31December 2021||4,224,909|
|There were no investment|assets outside the UK.||



|11.|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|
||||31/12/22|31/12/21|
||||f|8|
||Trade debtors||202,409|312,686|
||Prepayments|and accrued income|33,018|31,434|
||||235,427|344,120|





## 

## 

|for th|e Year Ended 31December 2022|e Year Ended 31December 2022||||
|---|---|---|---|---|---|
|12.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE||YEAR|||
|||||31/12/22|31/12/21|
|||||8|f|
||Trade creditors|||27,647|23,881|
||Taxatiou and social security|||48,103|75,968|
||Other creditors|||46,299|30,973|
|||||122,049|130,822|
|13.|MOVEMENT IN FUNDS|||||
|||||Net||
|||||movement|At|
||||At I/I/22|in funds|31/12/22|
||||f|||
||Unrestricted<br>funds|||||
||Unrestricted<br>Fund|||||
||||9,564,348|(1,250,500)|8,313,848|
||Restricted funds|||||
||Restricted Fund||471,840|(18,780)|453,060|
||TOTALFUNDS||10,036,188|(1,269,280)|8,766,908|
||Net movement<br>in funds, included|in the above are as follows:||||
|||Incoming|Resources|Gains and|Movement|
|||resources<br>f|expended<br>f|losses<br>8|in funds<br>f|
||Unrestricted<br>funds|||||
||Unrestricted<br>Fund|||||
|||1,908,698|(2,664,565)|(494,633)|(1,250,500)|
||Restricted funds|||||
||Restricted Fund||(18,780)||(18,780)|
||TOTAL FUNDS|1,908,698|(2,683,345)|(494,633)|(1,269,280)|





## 

## 

## 

||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At I/I/21|in funds|31/12/21|
|||||f|8||
|Unrestricted|funds||||||
|Unrestricted|Fund||||||
|||||8,079,221|1,485,127|9,564,348|
|Restricted funds|||||||
|Restricted Fund||||490,620|(18,780)|471,840|
|TOTAL FUNDS||||8,569,841|1,466,347|10,036,188|
|Comparative|net movement|in funds, included|in the above are as|follows:|||
||||Incoming|Resources|Gains and|Movement|
||||resources|expended<br>f|losses|in funds<br>8|
|Unrestricted|funds||||||
|Unrestricted|Fund||||||
||||4,031,062|(2,776,007)|230,072|1,485,127|
|Restricted funds|||||||
|Restricted Fund||||(18,780)||(18,780)|
|TOTAL FUNDS|||4,031,062|(2,794,787)|230,072|1,466,347|



## 



## 

## 



## 

|for the Year En|ded|31D|ecember 2022|||
|---|---|---|---|---|---|
|||||31/12/22f|31/12/21|
|INCOME AND|ENDOWMENTS|||||
|Donations<br>and legacies||||||
|Donations||||I 063010|3375220|
|Investment<br>income||||||
|Gain on disposal|ofinvestment|||41,355|86,260|
|Listed income||||63,666|49,452|
|Interest received||||27,364|13,304|
|||||132,385|149,016|
|Other income||||||
|Other income||||713,303|506,826|
|Total incoming|resources|||1,908,698|4,031,062|
|EXPENDITURE||||||
|Investment<br>management|||costs|||
|Fund manager costs||||23,364|21,974|
|Charitable<br>activities||||||
|Wages - direct||||1,161,761|1,059,361|
|General Practitioner||costs||51,932|149,555|
|Other direct costs||||799,261|948,293|
|||||2,012,954|2,157,209|
|Support costs||||||
|Governance<br>costs||||||
|Wages||||169,322|167,080|
|Socialsecurity||||154,469|134,680|
|Pensions||||65,396|62,210|
|Auditors'<br>remuneration||||10,773|11,368|
|Rates and water||||10,559|10,598|
|Insurance||||19,718|17,634|
|Light and heat||||22,597|16,242|
|Telephone<br>and|fax|||8,627|17,409|
|PPS||||3,740|11,251|
|Sundries||||3,284|2,880|
|Repairs and maintenance||||12,718|12,085|
|Stafftraining|||||8,660|
|Carried forward||||481,203|472,097|





## 

|for the Year Ended 31De|cember 2022|||
|---|---|---|---|
|||31/12/22f|31/12/21f|
|Governance<br>costs||||
|Brought forward||481,203|472,097|
|Staffmedical costs||11,080|10,140|
|Motor and travel expenses||18,690|5,837|
|Computer costs||15,567|12,715|
|Subscriptions||49,861|30,260|
|Bank charges||1,376|1,365|
|Marketing costs||35,690|47,063|
|Equipment<br>hire||3,221|2,580|
|Depreciation oftangible fixed assets||30,339|33,547|
|||647,027|615,604|
|Total resources expended||2,683,345|2,794,787|
|Net (expenditure)/income|before gains and|||
|losses||(774,647)|1,236,275|
|Net losses on investments||||
|Net gains / losses on investments||(494,633)|230,072|
|Net (expeaditure)/income||(1,269,280)|1,466,347|