2023-04-05-accounts

SCONE	AND K~WMRXTS FROM	AND K~WMRXTS FROM
Donations	and legacies		67,919		492,919
Investment	income		20,965		20,965	16,666
					513,884
				13,026
Charitable	activities
Snpport costs			2,220		2,220	2,202
Charitable	giving		74,150		74,150	30,650
				13,026
Net gainsl(losses)		on investments
			12,514		341,980
RECONCILIATION OFFUN98
Total funds brougbt foru'ard			(11,798)	1,6M,944	1,591,146	1,551,570
			716	1,932,410	1,933,126	1,591,146

				2023	2022
			Endowment	Total	Tota'i
			fund	funds	funds
~9ASSKTS
investments	10		1,922,783	1„922,783	1,593,317
		41,116		53,343
			(2,600)	(43,000)
					(2,171)
		716	1,932,410	1,933,126	1,591,146
					(11,798)
					1,602,944

			Notes
Cash flaws from operating	activities
Cash generated &om operations				15,149
Interest paid
Net cash provided by/(used	m) operating		activities
Cash flows from mvesting	activities
Purchase ofAxed asset mvestments				(936,687)	(514,435)
Saleoffixed asset investments				524,713	546,317
Interest received				20,96S	16,666
Net cash (used in)/provided	by investing	activities
Cash flo~s from financing	activities
Income attributable to endowment				425,000
Expenditure attrr&utable to	endowment			(13,026)	(13,580)
Net cash provided by/(used	in) Qnancing		activities		(13,580)
Change in cash and cash equivalents		in
the reporting period					12,573
Cash and cash equivalents	atthe
beginning ofthe reporting	period				4,656
Cash and cash equivalents	atthe end	of
the reporting period

I.	RECONCILIATION OFNET INCOME TONET CASH FLO'% FROM	RECONCILIATION OFNET INCOME TONET CASH FLO'% FROM	RECONCILIATION OFNET INCOME TONET CASH FLO'% FROM	OPERATING ACTIV1TIES	OPERATING ACTIV1TIES
				2023	2022
	Net incojne forthe	reporting	period (as per the Statetnent ofFinancial
	Activities)				39,576
	A.djustjnents for;
	Lossesi(gam) on investments			82,508	(53,326)
	Interest. received			(20,965)	(16,666)
	Interest paid				2
	Income attributable	to endowment		(425,000)
	Expenditure attributable to endowment			13,026	13,580
	Increasei(decrease)	in creditors		23,600	(5,559)
	Net cash provided	by/(used	in) operations

	Cash flow	At 5A,23
	36,114	53,343
17,229	36,114	53,343
17,229	36,114	53,343

3.	INVESTNKNT INCONK	INVESTNKNT INCONK
				2023	2022
	Deposit account interest			4,778	8
	Dividends			16,187	16,658
					'16,666
				2023
	PortfoVio	marmgernent		13,026
			Grant
			funding of
			activities	Support
			(see note	costs (see
			6)	note 7)	Totals
				K
	Support costs Charitable giving		74,150	2,220	2,220 74,150
			74,150
				2023	2022
				74,150	30,650

The total grants paid to	in	stitutions	durmg. the year vras as followers:
				2023	2022
38Fund (Helping Hands		for Holidays)		3,000	3,000
Arts Educational Schools					1,500
British Red Cross					10,000
CentrepoHd				2,000
CRISIS Demand Design 4Manufacturing			for Disability	1,000 3,000	1,000 3,000
Donmar Warehouse Project					4,000
Exmoor Trust				2,500
FamHy Holiday Association				2,500	500
The FelixProject				1,500
Friends ofIsrael Sport Centre				250
Go Beyond				3,300
Kensington and Chelsea	Foundation			2,000	9,500
Museum ofBrands Ltd				2,000
Revitalise				1,500
Senee				2,000
Tender Education k Arts				2,000	2,000
Turkey/Syria Earthquake		Appeal		10,000
Ukrajne Appeal				10,000
4'ateraid					150
%est London. %'elcorne				2,000
Less: grants committed	for m2023			(15,000)	(19,000)
Add: grants committed for in 2024				38,600	15,000
				/4,150

Support costs	, included	in the above, are as follows:
			2023	2022
			Support	Total
			costs	activities
Accountancy			600	738
Independent	examiner's	fees	1@00	1,062
Bank charges Interest payable and similar charges			420	400 2

COMPARATIVES FOR THK STATKMKNT OFFI	NANCIAL ACTIVITIS8
	Unrestricted	Endowtnent
	fund	fund
INCOMK AND ENDOWMENTS FROM
Donations and legacies	16,016
EXAM)ITURE ON
Raising funds		13,580
CltaritaMe activities
Support costs			2/02
Charitable giving			30,650
Total	32,852
%etgains on investments
RKCQNCILIATION OFFUNDS
Total funds brought forward	(11,628)	1,563,198	1,551,570
	(11,798)	1,602,944	1,591,146

					Listed
					Investments
MARKET VALUE
At 6April 2022					1,489,577	103,740	1,593,317
Additions					578,185	357,939	936,124
Disposals at earrymg Revaluations	value				(548,784) ~57 874		(548,784) ~5l874
At 5Ap6l 2023							1 9+27~
NETBOOKVALUE
At 5ApN 2023
At5April 2022
There +&ereno investment			assets outside the UK.
Historical costofinvestments				at 5Aprii 2023 %as K1,839,102,
CREDITORS: AMOUNTS				FALLING 9UE%ITHIN ONE	YEAR
						2023	2022
Accountancy						738	738
Independent examiner's		fees				1,062	1,062
Investment nnnager's	fees					2,600	2,600
Grant creditors						38,600	15,000
						43,000
MOVEMENT. IN~S
							At
							5.4.23
Unrestricted funds
Genera1 fund					(11,798)	12,514
Endwvmeut funds
Endovrment fund					1,602,944	329,466	1,932,410
TOTAL FUNDS						341,980	1,933,126

				IncomH1g	Resources	Gams and	MoveIBcnt
				resources	expended	losses	in 5mds
Unrestricted		funds
General fund
Endowment		funds
Endowment	5md				(13,026)	(82,$08)	329,466
TOTAL FUNDS				$13,884	(89,396}	(82,508)	341,980
Comparatlves		for movement	in funds
						Net
						movement
					At 6.4.21	m 5mds
Unrestricted		funds
General fund
Endowment		funds
Endowruent	fund				1,563,198	39,746	1,602,944
					1,551,570	39,576	1,591,146

		Incoming		Gains and	Movement
		resources		losses	in funds
Unrestricted	funds
General 5md		32,682	(32,852)
				53,326