2022-12-31-accounts

			Page
Charity Information
Trustees' Report and Statement ofResponsibility			2 —5
Independent Auditor's	Report		6 —9
Statement ofFinancial	Activities		10
Balance Sheet
Notes to the Financial	Statements		12 —17
	Information	for the Trustees
Distribution ofSurplus	Income		18
Investment Properties			19

			Tellil	~Len of
Ag~ointin bo~d			Commencement	T ella
Hulme Trustees			23 March 2023	4years
Manchester Grammar		School	20 September 2022	4years
Brasenose College			3November 2022	4years
Brasenose College			22March 2022	4years
Hulme Trustees			20 March 2020	4years
Hulme Trustees			14September 2021	4years
Bury Grammar	School		24March 2022	3years

			Distribution	Total	31.12.22	31.1221
		Pmm	F3gttl	Fund	Totol	TotO
Incoming Resources
Rents Received and Receivable		19		50494	50494	44,896
Investment Income		15		180,899	180,899	159,058
Interest received Other Income				633 14tl0	633 ~4
Total Incoming Resources				233 26	233	2 54
Resources Expended
Cost ofGenerating Funds
Fund Management				16,606	16,606	12,876
Property Insurance Property Management fees				(2,634) 972 ~17 44	(2,634) ~72 17944	448 ~50 ~~4
Charitable Purposes
(2021 —Only Unrestricted Interim Distribution Proposed Final Distribution	Fund)	18 18	175,000 199(d)0(I ~K I)IL0		175,000 190000 65 000	180,000 ~K 0000
Governance Costs
Management Fees				21,760	21,760	21,600
Accounting fees				4/20	4,320	4,320
Audit Fee				6,744	6,744	4473
Planning Fee				2468	2468
Trustee and Meeting Expenses				696	696
Bank Charges and Interest				114 ~35 02	114 35902	77
Other Expenses
Sinking Fund		16		170	170	170
Total Expenses			365 000	54016	419016
Net Expenditure			~365000	~77 1	~35790	205 44
Capital Transactions
Realised gains —Investments				149,032	149,032	17,916
Realised losses - Investments				(9,483)	(9,483)	(159,907)
Unrealised Gains (losses) - Investments				~3946 802	~3946 802	2 076 179
Net Capital transactions				(1,807453)	(1,807453)	1,934,188
Transfer between Funds			365 000	~16~5 93
Net Movement in Funds				~399 04	~3993043	1728 741
Balances at 31December 2021				16356,659	16356,659	14,627,918
Balances at 31December 2022				14,363,616	14/63,616	16356,659

			31.12.22	Total	31.1221
			Total	Fund	Total
Fixed Assets
Investment Properties	19	2,930,101	2,930,101	2,930,101	2,930,101
Quoted Investments	15	11,528,628	11,528,628	13,559,313	13,559313
Unquoted Investment
		74~4X228	14458729	~6489454	16489414
Current Assets
Debtors	16	3,750	3,750	3,705	3,705
Balance at Broker Cash at Bank		100,934 21111 3n 7s8	100,934 ~2 125 795	52,806 16779 ~90	52,806 16779 ~73 90
Current Liabilities
Creditors	16	30,908	30,908	26,045	26,045
Proposed Final Distribution		190,000	190,000	180,000	180,000
		220,908	220,908	206,045	206,045
Net Current Assets		(95,113)	(95,113)	(132,755)	(132,755)
Total Assets Less Current	Liabilities	145363,616	14,363,616	16856,659	16,356,659
Fund Balances		14,363,616	14,363,616	16356,659	16356,659

			x endable	Permanent	~Ttal~F
			~End w109111
Preserved value at
24December 1980				2,094,612
Allowance	for inflation			76 0996
Balance at
31December 2021			6,831,062	9,525,597	16356,659
Investment	Return	233426
Investment	Gains (Losses)	139,549
Revaluation	Gains	(1,946,802)
Management Governance	Costs Costs	(17,944) ~6072
			(1,628,043)		(1,616,860)
Application Expenditure	to Reserve		(365,000)		(365,000)
Transfer to	allow for inflation		~42	~2K.224
Preserved value at
31December 2022

			31.1222	31.12.21
Financial assets measured at fair value through		the Statement
ofFinancial Activities:
Investments stated at market value			14,458,729	16,489,414
Financial assets that are debt instruments	measured at
amortised cost:
Cash at bank and cash equivalents			21,111	16,779
Balance at Broker			100,934	52,806
Rent in arrears			3,750	3,705
Financial liabilities at amortised cost:
Grants committed				12,583
Accruals			18,160	8,318
Rents in advance			375	4,125

Related Party	Related Party			Distribution	Distribution	Creditor	Creditor
				2022	2021	2022	2021
					g
Brasenose	College			154,176	152,064	80756	76,032
Manchester	University			77,088	76,032	40,128	38,016
William Hulme Grammar			School	64,059	63,182	33,346	31,591
Manchester	Grammar	School		4,422	4,362	2,302	792

		Market	Value	Cost
Opening Balance as at 01.0122		13,559,313		9,845,961
Movement in year
Additions			362,560	362,560
Disposals at Market Value/Cost Net unrealised gains (loss) for year		(585,992) ~1807253		(444,969)
Closing Balance as at 31.1222
		Jdgt)t~ve	Income 31.1222 31.12.21
Fixed Interest	723,932	691,981	24,714	26,443
UK Equities and Equity Funds	2,960,420	4,049,677	85,579	73,980
Equity Investment Instruments	808,967	1,026,774	25,090	13,383
Global Equities and Equity Funds	3,939,763	4/74/94	16,955	19,715
Property Funds and other Assets	122,517	127,074	18,764	20,998
Multi Asset Funds	I 207 925	~222!28	9797	4539

4.DEBTORS			1.12.22	31.12.21
Rent in arrears			3 75~	3785
Total
5.CREDITORS
			31.12.22	31.12.21
Rent in advance			375	4,125
Accrued Broker's Fee			4,000	4,117
Accrued Audit Fee			6,600	4,200
Accrued Clerk Fees			5,400
Accrued Accountancy		Fee	2,160
Sinking Fund			1,190	1,020
Grant to Chetham's Distribution Arrears	School		11 183	1,400 ~73 38
Total

Fun onciliati	n
	Balance at	Incoming	Inflation	Resources	Investment	Balance at 31
	1stJanuary	Resources	Transfer	Expended	Gains	December
	2021				(Losses)	2021
Expendable	5,770,942	203,954	(668,621)	(409,401)	1,934,188	6,831,062
Endowment
Permanent	8,856,976		668,621			9,525,597
Endowment
	Balance at	Incoming	Inflation	Resources	Investment	Balance at 31
	1stJanuary	Resources	Transfer	Expended	Gain	December
	2022				(Losses)	2022
Expendable
Endowment	6,831,062	233426	(1380474)	(419,016)	(1,807/53)	3,557,745
Permanent	9,525,597		1/80+74			10,805,871
Endowment

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Bottom Fen Faun, Aslackby,
Lincolnshire				1,150,000		1,150,000	16350	17,562
		388,468
Mill Farm, Gosbetton,	Lincolnshire )			500,000		500,000	7,100	7,100
Lincolnshire Estates		388,468		1,650,000		1,650,000	23,350	24,662
Brookfold Farmhouse and Buildings, Harwootk Lancashire Land adjacent to 22 Brookfold Lane Orange Mast at Brookfold Farm		88,000 *	1435,000 30,000 ~000			1435,000 30,000 15000	15,000 1,750 ~75	15,000 1,750 ~75
Harwood Estate		88 000 ~44	~12 QQQQ 2 93tl 000		~2JEQQQ 2930000		~1	~44 7 7
310/318 Manchester Road,
Heaton Chapel		100 *		100		100
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Sundry BT,United Utilities, E-On
Oldham MBC, Anglian	Water					I	109	109
		101		101		101	~1	~t
		~47 5		2 930.101		2 930 101	50 294	44 896