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2023-04-05-accounts

CONTENTS Page
Legal and Administrative Information
Trustees'
Annual Report
2-4
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Accounts 8-13

STATEMENT OF FINANCIAL ACTIVITIES
Year ended 5April 2023 Note 2023 2023 2022
f
2022
f
INCOMING RESOURCES
Inooming resources from Genended Funds:
Investment
income
UK dividends
and fixed interest securities
Interestreceivable
142,968.46
603.65
131,790.09
34.00
TOTAL INCOMING RESOURCES 143,572.11 131.$24.09
RESOURCESEXPENDED
CostofCharitable
activities:
Donations payable
13 120,000.00 120,0003)0
Cost ofgenerating
funds:
Stockbroker fees
30,652.00 32,407.89
Governance costs:
Accountancy
fees
Independent
examiner fee
7,940.00
450.00
7,440.00
450.00
Trustees expenses 1,653.34
40,695.34 40397.89
TOTALRESOURCESEXPENDED 160,695.34 160,297.89
NET OUTGOING RESOURCES FOR
THE YEAR
(17,123.23) (28,473.80)
Gain on investments
realised
(Loss)/Gain
on investments
unrealised
Excess reportable
income
NET MOVEMENT IN FlJNDS
10
10
9448228
(445,186.31)
1 541.50
(366,485.67)
23,98254
143,419.04
1 15020
140,077.98
TOTAL FIJNDS brought
forward at6Apeg
5,322,14$.12 5,182,070.14
2022
TOTAL FIJttDS carried forward at5April 4,955,662.45 5322,148.12
2023

Ail investments
warn
held in the UK and were as held in the UK and were as 2023 2022
follows: f
UK Fixed Interest 576,653.00 623,017.00
Global Equities 1,827,838.00 2,277,250.00
UK Equities 2,281,453.00 2,166,853.00
Market value 5 April 2023 4,685,944.00 5,067,120.00
2023 2022
f f
Market value 6 April 2022 5,067,120.00 5,071,115.00
Additions 325,062.82 401,564.38
Disposals (355,534.79) (572,960.96)
Gain on invesanents realised 94,4&2.28 23,9$2.54
(Loss)/Gain on investments unreal ised ~445 186.31 143419.04
Market value 5April 2023 4 685 344.00 5067 720.00
Historic cost 5 Apriq 2023 3,622,447.15 3,55$,436.84

2023 2022
Accountancy fees 860.00 7,440.00
Independent exmnination fee 450.00 900.00
Investment manager fee 805322
1,3]0.00 16,393.22

Page Capital lacome Total Total
fund fuad Uarestrlcted Uarestricted
funds 2023 thuds 2022
Accrued income 91.63 91.63 252.00
Cash at bank and in hand 269,718.45 1,063.32 270,781.77 271,014.29
Income tax recoverable 155.05 155.05 155.05
Listed investments ~4685
44.DD
468594I.M 5.567.12II.DII
Less liabilities 4,955,752.45 1,310.00
~1.3ID.M
4,956;972.45
~1310.M
5.338.541.34
~M393.22
9 49M 662.45 ~45566245 532114812

2023 2022
f f
Animals Asia Foundation 45,000 10,000
British Hen Welfare Trust 20,000 45,000
Coppershell
Farm Animal Sanctuary
15,000
Free the Bears 10,000
Hungarian Vizsla Welfare Charity 20,000
Langfonl Trust for Animal Health dt Welfare 30,000
League Against Cruel Sports (LACS) 20,000
Walking for Wildlife 5,000
We Care
University
Worldwide
ofEdinburgh
Ophthalmology
Department 10,000 10,000
Total 220 000 220.00II