2022-07-31-accounts

Trustees'Report	1-10
IndependentExaminer'sReport	11
StatementofFinancialActivities	12
BalanceSheet	13
NotestotheFinancialStatements	14-18
ListofPublications	19-20

			**General **	**Major **	**TOTAL **	**TOTAL **
			**Funds **	**Funds **	2022	**2021 **
			£	£	£	£
	**Notes **
**INCOME AND ENDOWMENTS FROM **
**Other trading activities **
Legacies			196,620		196,620	1,664,370
Subscriptions			6,715		6,715	8,270
**Charitable activities **
BookSales			559		559	1,053
**Income from investments **
Investmentincome		2	47,147		47,147	18,015
**TOTAL INCOME AND ENDOWMENTS **			251,042		251,042	1,691,708
**EXPENDITUREON **
**Expenditureon raising funds **
Investmentmanagementfees			11,918		11,918	6,500
Legalcostsassociatedwithlegacy						198,195
**Expenditureon charitable activities **
Costofsellingbooks		3	1,185		1,185	540
Bookproductioncosts		3	11,694		11,694	8,727
Grantsmade		3	26,732		26,732	8,859
Supportcosts		3	4,998		4,998	5,812
Otheractivities		3	2,714		2,714	3,495
AmortisationofIntangibleFixedAssets		6	8,499		8,499	86
TOTAL EXPENDITURE			67,739		67,739	232,213
**Net gains/(losses) on investments **
Gains/Lossesoninvestmentassets			3,300		3,300	95,986
**NET INCOME/(EXPENDITURE) **			186,603		186,603	1,555,481
TransferfromGeneral Funds
**NET MOVEMENT IN FUNDS **			186,603		186,603	1,555,481
Fundbalancesbroughtforward			2,053,605		-2,053,605	498,124
Fundbalancescarriedforward			2,240,208		-2,240,208	2,053,605

			**2022 **		**2021 **
		£	£	£	£
	**Notes **
**FIXED ASSETS **
Intangiblefixedassets	6		24,209		16,718
Investments:BrewinDolphin	7		1,938,223		1,280,730
			1,962,432		1,297,448
**CURRENT ASSETS **
Debtors	8		732	455,298
Currentassetinvestments:COIFAccount		245,959		145,585
Cashatbankandinhand		55,464		164,697
		302,155		765,581
**CREDITORS **
Amountsfallingduewithinone	year9	24,379		9,424
**NET CURRENT ASSETS **			277,776		756,157
**TOTAL ASSETS LESS CURRENT LIABILITIES **			2,240,208		2,053,605
**CREDITORS **
Amountsfallingdue aftermorethanoneyear9
**NET ASSETS **			2,240,208		2,053,605
**FUNDS **
General Funds	11		2,240,208		2,053,605
**TOTAL FUNDS **			2,240,208		2,053,605

			**General **	**Designated **	**TOTAL **	**TOTAL **
			**Funds **	**Funds **	2022	**2021 **
			£	£	£	£
		**Notes **
2	**INVESTMENT INCOME **
	Bankinterestonmoniesheldbythecharity		376		376	36
	Investmentincome		46,771		46,771	17,979
			47,147		47,147	18,015
3	**CHARITABLEACTIVITIES **
	**Cost of selling books **
	Storagecharges		1,133		1,133	477
	Othercosts		53		53	63
			1,185		1,185	540
	**Book production costs **
	Printing		10,184		10,184	6,630
	Shipping		1,510		1,510	2,097
			11,694		11,694	8,727
	**Support costs **
	Computerandwebsite		1,464		1,464	629
	Administration		683		683	676
	Governancecosts	4	2,850		2,850	4,507
			4,998		4,998	5,812
	**Other activities **
	NewsReview		2,714		2,714	3,495
			2,714		2,714	3,495
	**Grants **
	GrantstoInstitutions
	SocietyforLincolnshireHistoryandArchaeology7,000				7,000
	EGill&Sons		1,227		1,227
	GrantstoIndividuals
	UniversityofLincolnStudentAwards		100		100	200
	BishopGrossetesteStudentAward		100		100
	JeanShaftoe-HenryWinn:TheMan	andHis	Words			4,000
	ProfessorAnnaMarieRoos					4,659
	TheCorrespondenceofMartinLister
	LeedsUniversity-DrDutton		18,305		18,305
			26,732		26,732	8,859

			**General Designated TOTAL **	**General Designated TOTAL **	**General Designated TOTAL **	**TOTAL **
			**Funds **	**Funds **	**2022 **	**2021 **
			£	£	£	£
		**Notes **
4	**GOVERNANCE COSTS **
	Meetings&BoardDevelopment
	AnnualReport		1,830		1,830	2,227
	IndependentExamination		1,020		1,020	2,280
			2,850		2,850	4,507
5	**TRUSTEES' REMUNERATION **
	TheTrusteeswerenotentitledto	anddidnotreceiveanyremunerationduringtheyear.
	Expenses suchassubscriptions,stationeryandtravelcostswerereimbursedto3Trustees
	during2022(2-2021)totalling £244(£198		-2021).
6	**INTANGIBLE FIXED ASSETS **					**TOTAL **
						£
	**Cost **
	at1August2021					75,531
	Additions					15,990
	Disposals
	at31 July2022					91,521
	**Depreciation **
	at1August2021					58,813
	Chargefortheyear					8,499
	Eliminatedondisposals
	at31July2022					67,312
	**Net Book Value **
	**at 31 July 2022 **					**24,209 **
	at31July2021					16,718

7	**INVESTMENTS **		**Brewin **
			Dolphin
			£
	**Market Value **
	at1August2021		1,280,730
	Additions/Disposals		654,192
	Revaluation		3,300
	At31July2022		1,938,223
	UKListedInvestments		878,285
	Non-UKListedInvestments		1,001,740
	Cash		58,198
			1,938,223
		**2022 **	**2021 **
		£	£
8	**DEBTORS **
	Booksales		344
	Prepayments	732	762
	Legacyreceivable		454,192
		732	455,298
9	**CREDITORS **
	**Amounts falling due within one year **
	Accruals	4,032	2,390
	Grantspayable	18,305	4,659
	Lifememberships	1,780	1,780
	Deferredincome	262	595
		24,379	9,424

	£
**Market Value **
Balanceasat1August2021	595
Amountreleasedtoincomingresources	(595)
Amountdeferredintheyear	262
Balanceasat31July2022	262

**Movement in Funds **
		Net
		movement
	At1.8.21	infunds	TransfersAt31.7.22
	£	£	£ £
Unrestrictedfunds
Generalfund	2,053,605	186,603	-2,240,208
	2,053,605	186,603	-2,240,208
**Comparatives for movement inFunds **
		Net
		movement
	At1.8.20	infunds	TransfersAt31.7.21
	£	£	£ £
**Unrestricted funds **
Generalfund	197,216	1,555,481	300,9082,053,605
Generalfund:MajorReserve	300,908		300,908
	498,124	1,555,481	-2,053,605

LINCOLN RECORD SOCIETY NOTES 21

LINCOLN RECORD SOCIETY NOTES 22

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