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|Report ofthe Trustees||I'to 3|
|---|---|---|
|Independent<br>Examiners Report to the Trustees|||
|Statement ofFinancial|Activities||
|Balance Sheet|||
|Notes to the Financial|Statements|7to 10|





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||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted||funds|funds|
||||funds||funds||2022|2021|
|INCOMING RESOURCES||Notes|||||||
|Investment<br>income:|||||||||
|Rent receivable|||61,655||||61,655|56,365|
|Dividends<br>and interest|||119,788||||119,788|111,497|
|TOTAL INCOMING RESOURCES|||181,443||—||181,443|167,862|
|RESOURCES EXPENDED|||||||||
|Cost ofgenerating<br>funds||3|27,644||||27,644|25,016|
|Charitable<br>Activities:|||||||||
|School scholarships,<br>grants for clothing,|||||||||
|book vouchers<br>and donations|||196,492||||196,492|124,484|
|Apprenticeships|||2,322||||2,322|4,663|
||||198,814||-||198,814|129,147|
|Direct and Support Costs:|||||||||
|Administrative<br>and general expenses||4|25,998||||25,998|25,555|
|TOTAL RESOURCES EXPENDED|||252,456||-||252,456|179,718|
|NET OUTGOING RESOURCES|||||||||
|Before other recognised gains|and losses||(71,013)||||(71,013)|(11,856)|
|GAINS ON INVESTMKNTS|||||||||
|Realised gains on investments|||||27,561||27,561|76,489|
|Unrealised<br>gains on investments|||||133,122||133,122|517,247|
|Realised gain on investment|properties||||65,830||65,830||
|NET MOVKMKNT IN FUNDS|||(71,013)||226,513||155,500|581,880|
|BALANCES BROUGHT FORWARD|||293,221|4,730,046||5,023,267||4,441,387|
|BALANCES CARRIED FORWARD|||222,208|4,956,559||5,178,767||5,023,267|





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|COST OFGENERAT|ING FUNDS|||
|---|---|---|---|
|||2022|2021|
|Managing<br>Agents fee||8,033|7,306|
|Portfolio Management|fee|19,611|17,710|
|||627,644|625,016|
|ADMINISTRATIVE|AND GENERAL EXPENSES|||
|Clerk's fees, expenses and postage||16,520|16,040|
|Independent<br>Examiner's|fees|3,270|3,300|
|Property<br>repairs||3,305|3,527|
|Heating,<br>lighting<br>and Council Tax||207|159|
|Insurance||1,748|1,549|
|Professional<br>fees||568|600|
|Payments<br>to Yardley Charities Estates||Almshouses:||
|Annual<br>payments<br>under|determination|order||
|of5 June 1908||380|380|
|||825,998|625,555|
|TANGIBLE ASSETS||||
|- INVESTMENT PROPERTIES||||
|At valuation||||
|At 31March 2021||1,268,750|1,268,750|
|Additions<br>at cost||||
|Revaluation||||
|Less: Disposals||(63,750)||
|At 31March 2022||81,205,000|61,268,750|





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|INVESTMENTS||||||
|---|---|---|---|---|---|
|||||2022|2021|
|Investments||||K3,685,575|f3,544,133|
|Quoted investments||||||
|Market value at 31March||2021||3,544,133|3,035,250|
|Add:||||||
|Additions<br>at cost||||532,777|483,722|
|Less:||||||
|Disposal proceeds||||(552,018)|(568,575)|
|Add:||||||
|Realised gains||||27,561|76,489|
|Net gains on revaluation||||133,122|517,247|
|Market value at 31March||2022||63,685,575|63,544,133|
|Cost at 31March 2022||||f3,003,364|62,868,409|
|Unrealised<br>gains included||in valuation||||
|at 31March 2022||||6682,211|f675,724|
|UK listed investments|are|represented|by:|||
|UK Bonds and other fixed||interest securities||426,380|551,449|
|UK Equities||||1,050,421|896,385|
|Non-UK Equities and Bonds||||1,846,870|1,810,039|
|Overseas Bonds||||361,904|286,260|
|Total||||63,685,575|I3,544,133|



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|Due from Stockbrokers|113,188|109,320|
|---|---|---|
|Due from Managing<br>Agents|10,681|11,701|
|Debtors and prepayments|1,902|1,166|
||6125,771|KI22,187|





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