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|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<br>&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<br>to endowment||||425,000||
|Expenditure<br>attrr&utable<br>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<br>period|||||12,573|
|Cash and cash equivalents|atthe|||||
|beginning ofthe reporting|period||||4,656|
|Cash and cash equivalents|atthe end|of||||
|the reporting<br>period||||||





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|I.|RECONCILIATION<br>OFNET INCOME TONET CASH FLO'% FROM|RECONCILIATION<br>OFNET INCOME TONET CASH FLO'% FROM|RECONCILIATION<br>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<br>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<br>attributable<br>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|





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|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<br>Charitable<br>giving||74,150|2,220|2,220<br>74,150|
||||74,150|||
|||||2023|2022|
|||||74,150|30,650|





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|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<br>Schools|||||1,500|
|British Red Cross|||||10,000|
|CentrepoHd||||2,000||
|CRISIS<br>Demand Design 4Manufacturing|||for Disability|1,000<br>3,000|1,000<br>3,000|
|Donmar Warehouse<br>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<br>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<br>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||



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|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<br>Interest payable and similar charges|||420|400<br>2|





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|COMPARATIVES FOR THK STATKMKNT OFFI|NANCIAL ACTIVITIS8|||
|---|---|---|---|
||Unrestricted|Endowtnent||
||fund|fund||
|INCOMK AND ENDOWMENTS FROM||||
|Donations<br>and legacies|16,016|||
|EXAM)ITURE ON||||
|Raising funds||13,580||
|CltaritaMe<br>activities||||
|Support costs|||2/02|
|Charitable<br>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|






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||||||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<br>Revaluations|value||||(548,784)<br>~57 874||(548,784)<br>~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<br>examiner's||fees||||1,062|1,062|
|Investment<br>nnnager's|fees|||||2,600|2,600|
|Grant creditors||||||38,600|15,000|
|||||||43,000||
|MOVEMENT. IN~S||||||||
||||||||At|
||||||||5.4.23|
|Unrestricted<br>funds||||||||
|Genera1 fund|||||(11,798)|12,514||
|Endwvmeut<br>funds||||||||
|Endovrment<br>fund|||||1,602,944|329,466|1,932,410|
|TOTAL FUNDS||||||341,980|1,933,126|





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|||||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||





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