## ## ## ## |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|