| Note | Unrestricted | Funds | |||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Incoming and endowments |
from: | ||||
| Investment Income |
35,659 | 27,613 | |||
| Total Incoming Resources | 35,659 | 27,613 | |||
| Expenditure on: |
|||||
| Charitable activities |
4 | 132,100 | 103,000 | ||
| Governance costs |
5 | 3,396 | 3,240 | ||
| Raising funds | 6 | 6,662 | 7,383 | ||
| Total Resources Expended | 142,158 | 113,623 | |||
| Net Incoming Resources for the Year | (106,499) | (86,010) | |||
| Profit / (Losses) on Revaluation | and Disposal of Investment | ||||
| Assets | |||||
| -Realised | (81,048) | 22,244 | |||
| - Unrealised | (21,438) | 11,986 | |||
| Net Movement in Funds |
(208,985) | (51,780) | |||
| Fund Balances Brought Forward at 6 April 2022 | 1,910,148 | 1,961,928 | |||
| Fund Balances Carried Forward | at 5 April 2023 | 12 | 1,701,163 | 1,910,148 |
| AS AT | 5APRIL 2023 | ||
|---|---|---|---|
| Note | 2023 | 2022 | |
| K | |||
| Fixed Assets | |||
| Investments | 7 | 1,421,428 | 1,496,973 |
| 'l,421,428 | 1,496,973 | ||
| Current Assets | |||
| Short Term Deposit | 6,907 | 15,769 | |
| Cash at Bank | 279,008 | 404,605 | |
| 285,915 | 420,374 | ||
| Current Liabilities |
|||
| Accruals and Deferred Income | (6,180) | (7,199) | |
| Net Current Assets | 279,735 | 413,175 | |
| Net Assets | 1,701,163 | 1,910,148 | |
| Funds | |||
| Unrestricted Income Funds /gal, |
12 | 1,701,163 | 1,910,148 |
| FOR THE | YEAR ENDED 5APRI | L 2023 | ||
|---|---|---|---|---|
| 4. | Charitable Activities —Grants |
2023 | 2022 | |
| F | ||||
| Grants to institutions | ||||
| Social Welfare (4grants) | 45,000 | 5,000 | ||
| Conservation (3grant) Performing Arts (3grants) |
35,000 52,100 |
28,000 70,000 |
||
| 132,100 | 103,000 | |||
| Institutional grants &K1,000 |
in total | 2023 | 2022 | |
| Cancer Research UK (0grant) |
0 | 5,000 | ||
| City of Birmingham Symphony |
Orchestra (1 grant) | 30,000 | 40,000 | |
| Enthum Foundation (1 grant) |
20,000 | 0 | ||
| Howard League Centre (1 grant) |
10,000 | 0 | ||
| Leamington Music (1 grant) |
7,000 | 5,000 | ||
| Music in the Round (1 grant) |
15,100 | 15,000 | ||
| National Trust (2grants) |
30,000 | 28,000 | ||
| Refugee Action (1 grant) | 5,000 | 0 | ||
| Prison Reform Trust (1 grant) | 10,000 | 0 | ||
| Sheffield Music (1 grant) | 0 | 10,000 | ||
| Sussex Seabed (1 grant) | 5,000 | 0 |
| 5. | Governance Costs |
2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| F | |||||||
| Independent examination |
charges | 3,396 | 3,240 | ||||
| 6. | Raising funds | 2023 | 2022 | ||||
| Bank charges and other interest | 361 | 362 | |||||
| HSBC/Coutts Private |
Banking —management | fees | 6,301 | 7,021 | |||
| 6,662 | 7,383 | ||||||
| Fixed Asset Investments | 2023 | 2022 | |||||
| E | |||||||
| Listed Investments | |||||||
| Market value at 6 April 2022 | 1,496,973 | 1,577,066 | |||||
| Less | |||||||
| Net Unrealised Investment |
Gain | / (Loss) | (21,438) | 11,986 | |||
| Realised Investment | Gain | / (Loss) | (81,048) | 22,244 | |||
| Disposal | (1,023,136) | (619,633) | |||||
| Add | |||||||
| Additions at cost |
1,050,077 | 505,310 | |||||
| Market Value at 5April 2023 | 1,421,428 | 1,496,973 | |||||
| Historical Cost | 1,185,580 | 1,336,021 |
| Unrestricted Funds |
Unrestricted Funds |
||
|---|---|---|---|
| 2023f | 2022 | ||
| Investments | 1,421,428 | 1,496,973 | |
| Current | assets | 285,915 | 420,374 |
| Current | liabilities | (6,180) | (7,199) |
| 13. | Financial | instruments | 2023f | 2022 | ||
|---|---|---|---|---|---|---|
| Carrying | amount offinanciaI assets | |||||
| Fixed asset investments | (measured | at fair value) | 1,421,426 | 1,496,973 |