| Trustees' | report | report | |
|---|---|---|---|
| Independent | examiner's | report | |
| Statement | of | financial activities |
| Unrestricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| Note | 2023f | 2022f | ||||
| Income | 2 | 101,944 | 123,621 | |||
| Expenditure | ||||||
| Charitable expenditure |
||||||
| Grants payable | 3 | 90,625 | 86,284 | |||
| Management and administration |
4 | 6,067 | 4,276 | |||
| Total resources expended | 5 | 96,692 | 90,560 | |||
| Net income | 5,252 | 33,061 | ||||
| Other recognised gains |
||||||
| Realised Gain on investment | assets | 5,546 | 6,159 | |||
| Unrealised (Loss)/Gain on investment Investment management charges |
assets | 8 | (159,598) ~15,471 |
122,553 ~15.752 |
||
| Net movement in funds |
(164,271) | 146,021 | ||||
| General Fund |
2,306,605 | 2,160,584 | ||||
| Fund balances at 5April | 2023 | 2,142,334 | 2,306,605 |
| Notes | 2023 6 |
2022f | |||||
|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||
| Investments | 2,048,369 | 2,193,356 | |||||
| Current assets | |||||||
| Debtors | |||||||
| Cash at bank and | in | hand | 96,701 | 123,954 | |||
| 96,701 | 123,954 | ||||||
| Creditors: amounts | falling due within | ||||||
| one year | 10 | 2,736 | 10,705 | ||||
| Net current assets | 93,965 | 113,249 | |||||
| Total assets less | current liabilities | 2,142,334 | 2,306,605 | ||||
| Income funds | |||||||
| Unrestricted funds |
2,142,334 | 2,306,605 | |||||
| 2,142,334 | 2,306,605 |
| Investment income |
|||
|---|---|---|---|
| 2023 E |
2022f | ||
| Income from listed investments Gross Interest received |
101,141 597 |
97,935 | |
| Gross Interest received on AHT Enterprise | Fund | 206 | |
| Donations | 25,686 | ||
| 101,944 | 123,621 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| p | L | ||||
| Grants to institutions: | |||||
| Music in the Round | 30,000 | 29,794 | |||
| Leeds Leider | 10,000 | 7,500 | |||
| York Early Music Foundation | 14,875 | 14,740 | |||
| Live Music Now | 22,500 | 21,000 | |||
| Prussia Cove | 13,250 | 13,250 | |||
| 90,625 | 86,284 | ||||
| 4. | Management | and administration | costs | ||
| 2023 | 2022 | ||||
| F | L' | ||||
| Bank charges | 60 | 23 | |||
| Administration | expenses | 3,115 | 1,673 | ||
| Accountancy | 2,892 | 2,580 | |||
| 6,067 | 4,276 | ||||
| 5. | Total resources expended | ||||
| Total | Total | ||||
| 2023f | 2022 6 |
||||
| Charitable expenditure: |
|||||
| Grants payable | 90,625 | 86,284 | |||
| Management | and administration | 6,067 | 4,276 | ||
| 96,692 | 90,560 |
| For t | he period ende | d | 5April | 2023 | ||
|---|---|---|---|---|---|---|
| 7. | Employees | |||||
| There were no | employees | during the period. | ||||
| Fixed asset investments | Equities | |||||
| 6 | ||||||
| Market value at 6 April 2022 | 2,193,356 | |||||
| Oisposals at market value | (262,282) | |||||
| Acquisitions at |
cost | 277,199 | ||||
| Change in value Equalisation |
in the period | (159,598) ~306 |
||||
| Market value at | 5April 2023 | 2,048,369 | ||||
| Historical cost: | ||||||
| At 5 April 2023 | 1,964,747 | |||||
| At 5 April 2022 | 1,995,902 | |||||
| 9. | Debtors | 2023 6 |
2022f | |||
| Income tax reclaimable | ||||||
| 10. | Creditors | 2023 | 2022 | |||
| F | ||||||
| Accruals | 2,736 | 10,705 | ||||
| 11. | Income Funds | AHT | Unrestricted | |||
| Enterprise | ||||||
| Fund | Funds | |||||
| 6 | 6 | |||||
| At 6 April 2022 | 5,545 | 2,301,060 | ||||
| Net movement in Transfer between |
funds funds |
206 15,000 |
(164,477) ~15,000 |
|||
| At 5April 2023 | 20,751 | 2,121,583 |
| For the per | iod ended 5April 2023 | |||
|---|---|---|---|---|
| Investments | Book | Market | Gross | |
| Value 6 |
Value 8 |
Incomef | ||
| Investment | Company | |||
| 40,000 | GCP Infrastructure | 700 | ||
| 46,240 34,850 |
Sequoia Economic I NPV Twenty Four Income |
48,727 36,977 |
37,547 35,303 |
2,962 1,743 |
| 85,704 | 72,850 | 5,405 | ||
| Overseas Fixed Interest | ||||
| 5,025 5,815 2,600 |
Eaton Vance Mgmt EMG Mkts Debt Opps Threadneedle Capital Internal Fd |
51,893 53,491 59,616 |
40,451 51,712 34,996 |
3,297 1,436 3,041 |
| 165,000 | 127,159 | 7,774 | ||
| Property | ||||
| 31,000 | Empiric Student Pr | 194 | ||
| 30,000 26,000 |
Primary Hlth Prop Ord Balanced Comm Prop |
29,707 29,987 |
30,225 21,983 |
1,965 728 |
| 52,500 | Target Healthcare NPV |
54,185 | 38,141 | 3,549 |
| 113,879 | 90,349 | 6,436 | ||
| Alternative | Assets | |||
| 39,800 | Barclays Bank Pic7.45% | 39,799 | 39,123 | |
| 37,500 33,750 17,600 45,000 35,881 23,250 |
Hicl Infrastructu. Ord INT Public Partner The Renewables Inf Ord Canadian Imp Bank 6.5% Hipgnosis Songs Fu Ord Npv Valu-Trac Inv Fds |
59,437 52,505 18,299 45,031 39,635 21,928 |
58,313 50,051 22,528 45,496 29,656 21,767 |
3,094 2,579 1,587 2,925 1,413 708 |
| 276,634 | 266,934 | 12,306 |
| Forthe per | iod ended 5April 2023 | |||
|---|---|---|---|---|
| Investments | Book | Market | Gross | |
| Value | Value | Income | ||
| Equities | 6 | 6 | 6 | |
| 15,000 2,300 500 1,020 515 1,075 220 2,665 |
BPOrd Wood Group (John) Ord BHP Group Pic Ord Rio Tinto Ord Brit Amer Tobacco Ord Imperial Brands P1 Astrazeneca Ord USD 0.25 Glaxosmithkline |
76,344 14,980 8,192 32,532 19,721 41,105 10,878 |
80,048 4,934 12,065 53,892 14,447 20,094 25,500 |
3,002 2,846 5,854 1,122 1,518 645 986 |
| 25,000 2,000 3,205 7,775 5,244 11,000 3,543 4,750 2,250 70,000 50,000 48,523 80,000 35,823 1,745 4,270 110,000 66,500 1,120 23,450 725 34,600 16,575 20,000 58,085 28,695 3,010 |
Vodafone Grp Ord SSEPic National Grid Ord HSBC Holdings Pic Aviva Ord Legal &General Gp Ord STD Life Aberdeen Ord Schroders Non Vtg Sage Group Aberdeen Std Fd Mg European Equity Blackrock FM Ltd Aviva Investors UK US Equity Inc li 2 Inc Nav Blackrock North Am JP Morgan Ltd US Equity Vanguard Funds PicS8P Link Asst Services Morant Wright Fuji Yld Strl Schroder Unit Trust Asian Income Maximiser Schroder Unit Tst Asian income L Inc Anglo American BNY Mellon Relx Pic Premier Porffolio BBHealthcare Apex Global Alpha Ord Npv J P Morgan Am UK Ltd J P Morgan Gbl Emerg Aberforth Smlr Cos Ord |
50,942 26,423 30,841 50,498 27,000 30,356 12,970 21,691 14,904 55,059 61,116 79,163 89,118 35,081 60,722 42,582 58,453 44,840 32,793 43,922 16,286 70,371 22,941 27,503 34,376 34,871 44,956 |
22,364 36,265 36,176 43,081 21,445 25,839 7,061 21,211 17,323 78,890 91,118 94,989 149,200 53,054 108,306 47,353 52,602 49,769 29,235 44,764 19,035 62,799 24,995 31,720 38,081 36,730 36,692 |
1,936 1,784 1,654 3,996 1,554 2,058 2,687 1,159 414 3,164 2,801 6,400 1,225 1,557 1,540 4,152 2,412 1,209 766 2,972 1,036 2,364 1,214 1,771 1,422 |
| 1,323,530 | 1,491,077 | 69,220 | ||
| Total | 1,964,747 | 2,048,369 | 101,141 |