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2023-03-31-accounts

Fr Th
Y
r		 M
 h22
2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes 6 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 60,832 60,832 190,106
Investment
income		 36,622 36,622 32,929
Total 97,454 97,454 223,035
EXPENDITURE ON
Investment
management		 costs 10,072 10,072 11,173
Charitable
activities
Grants payable and research expenditure 18,697 18,697 22,899
Total 28,769 28,769 34,072
Net gains/(losses)
on investments		 (135,944) (135,944) 84,367
NET INCOME/(EXPENDITURE) (67,259) (67,259) 273,330
RECONCILIATION
OF		 FUNDS
Total funds brought
forward		 1,858,665 1,858,665 1,585,335
TOTAL FUNDS CARRIED FORWARD 1,791,406 1,791,406 1,858,665

DONATIONS AND LEGA CIES
2023 2022
E
Donated research income 60,832 190,106
INVESTMENT INCOME
2023 2022
E E
Income from listed investments and investment deposits 36,405 32,906
Deposit account interest 217 23
36,622 32,929
INVESTMENT MANAGEMENT COSTS
Investment
management		 costs
2023 2022
f E
Porffolio management 10,072 11,173
CHARITABLE ACTIVITIES COSTS
Grant
funding of
Direct activities Support
Costs (see (see note costs (see
note 7) 8) note 9) Totals
E E
Grants payable and research
expenditure 11,222 (2,675) 10,150 18,697
DIRECT COSTSOF CHARITABLE ACTIVITIES
2023 2022f
Research expenditure 11,222 13,416
GRANTS PAYABLE
2023 2022
E E
Grants payable and research expenditure (2,675)
The total grants paid to institutions during the year was as follows:
2023 2022
E f
Team building grant 1,945
Grants provided no longer required (4,620)

STAFFCOSTS
2023f 2022f
Wages and salaries 4,682 4,456
4,682 4,456
The average monthly number ofempioyees during the year was as follows:
2023 2022
Administration 1 1

Unrestricted Restricted Total
funds funds funds
F E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 190,106 190,106
Investment
income		 32,929 32,929
Total 223,035 223,035
EXPENDITURE ON
Investment
management		 costs 11,173 11,173
Charitable
activities
Grants payable and research expenditure 22,899 22,899
Total 34,072 34,072
Net gains on investments 84,367 84,367
NET INCOME 273,330 273,330
RECONCILIATION OF FUNDS
Total funds brought forward 1,585,335 1,585,335
TOTAL FUNDS CARRIED FORWARD 1,858,665 1,858,665
FIXEDASSETINVESTMENTS
Listed
investments
E
MARKET VALUE
At 1 April 2022 1,489,241
Additions 231,623
Disposals (211,933)
Revaluations (131,095)
At 31 March 2023 1,377,836
NET BOOK VALUE
At 31 March 2023 1,377,836
At 31 March 2022 1,489,241
The historical cost ofthe investments at 31 March 2023 was E1,362,190(2022:E1,309,499).

Cost or valuatio n
at 31 Ma		 rch 2023 is represented by:
Listed
investments
E
Valuation
in 2023		 1,377,836
15. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
E E
Other debtors 29
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
f E
Trade creditors 2,526 2,760
Social security and other taxes 18
Other creditors 4,248 3,857
Grants payable 10,359
6,792 16,976
17. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2023 2022
Unrestricted Restricted Total Total
funds
f		 funds
E		 funds funds
E
Investments 1,377,836 1,377,836 1,489,241
Current assets 420,362 420,362 386,400
Current
liabilities		 (6,792) (6,792) (16,976)
1,791,406 1,791,406 1,858,665
All ofthe funds in 2023 are unrestricted funds.
18. MOVEMENT
IN FUNDS
Net Transfers
movement between At
At 1.4.22
E		 in funds
f		 funds
f		 31.3.23
Unrestricted
funds
General fund 1,678,924 (67,259) 164,096 1,775,761
Fair Value reserve 179,741 (164,096) 15,645
1,858,665 (67,259) 1,791,406
TOTAL FUNDS 1,858,665 (67,259) 1,791,406

Net mo vemen t
in funds, inc		 lud ed
in the above		 are as follows:
Incoming Resources Gains and Movement
resources
f		 expended losses
f		 in funds
f
Unrestricted funds
General fund 97,454 (28,769) (135,944) (67,259)
TOTALFUNDS 97,454 (28,769) (135,944) (67,259)
Comparatives for movement in funds
Net Transfers
movement between At
At 1.4.21 in funds
f		 funds
f		 31.3.22
Unrestricted funds
General fund 1,443,988 273,330 (38,394) 1,678,924
Fair Value reserve 141,347 38,394 179,741
1,585,335 273,330 1,858,665
TOTAL FUNDS 1,585,335 273,330 1,858,665
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources
f		 expended
f		 losses
f		 in funds
f
Unrestricted funds
General fund 223,035 (34,072) 84,367 273,330
TOTAL FUNDS 223,035 (34,072) 84,367 273,330