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2023-04-05-accounts
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Page |
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| Report ofthe Trustees |
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1 |
to |
2 |
Independent
Examiner's
Report |
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|
|
| Statement ofFinancial |
Activities |
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|
|
| Balance Sheet |
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| Notes to the Financial |
Statements |
6 |
to |
9 |
| Detailed Statement of |
Financial Activities |
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10 |
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2023 |
2022 |
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Unrestricted |
Total |
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|
fund |
funds |
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|
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|
Notes |
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| INCOME |
AND ENDOWMENTS |
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|
|
FROM |
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|
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| Investment |
income |
|
|
|
|
|
73,563 |
52,951 |
| EXPENDITURE |
|
ON |
|
|
|
|
|
|
| Raising funds |
|
|
|
|
|
|
570 |
743 |
| Charitable |
activities |
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|
|
|
|
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| Grants |
|
|
|
|
|
|
55,000 |
55,000 |
| Other |
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|
|
|
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|
4,788 |
302 |
| Total |
|
|
|
|
|
|
60,358 |
56,045 |
| Net gains/(losses) |
|
on investments |
|
|
|
|
(160,120) |
(202,804) |
| NET INCOME/(EXPENDITURE) |
|
|
|
|
|
|
(146,915) |
(205,898) |
| RECONCILIATION |
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|
|
OF FUNDS |
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| Total funds |
brought |
|
forward |
|
|
|
1,913,271 |
2,119,169 |
| TOTAL FUNDS CARRIED FORWARD |
|
|
|
|
|
|
1,766,356 |
1,913,271 |
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|
|
2023 |
2022 |
|
|
|
Unrestricted |
Total |
|
|
|
fund |
funds |
|
|
Notes |
|
|
| FIXEDASSETS |
|
|
|
|
| Investments |
|
|
1,701,345 |
1,861,466 |
| CURRENT |
ASSETS |
|
|
|
| Cash at bank |
|
|
65,011 |
51,805 |
| NET CURRENT ASSETS |
|
|
65,011 |
51,805 |
| TOTAL ASSETSLESSCURRENT LIABILITIES |
|
|
1,766,356 |
1,913,271 |
| NET ASSETS |
|
|
1,766,356 |
1,913,271 |
| FUNDS |
|
|
|
|
| Unrestricted |
funds |
|
1,766,356 |
1,913,271 |
| TOTAL FUNDS |
|
|
1,766,356 |
1,913,271 |
| INVEST |
MENT INCOME |
|
|
|
|
2023 |
2022 |
| Dividend |
income |
73,490 |
52,951 |
| Interest |
received |
73 |
|
|
|
73,563 |
52,951 |
Investment
management |
costs |
costs |
|
|
|
|
|
|
|
|
|
2023 |
2022 |
| Support costs |
|
|
|
|
570 |
743 |
| GRANTS PAYABLE |
|
|
|
|
|
|
|
|
|
|
|
2023 |
2022 |
| Grants |
|
|
|
|
55,000 |
55,000 |
| The total grants paid to institutions |
|
|
during |
the year was as follows: |
|
|
|
|
|
|
|
2023 |
2022 |
| South West Scotland Piping &Drumming |
|
|
|
Academy |
35,000 |
35,000 |
| Wyni fred Keswick Memorial |
|
Trust |
|
|
20,000 |
10,000 |
| Game k Wildlife Conservation |
|
Trust |
|
|
|
10,000 |
|
|
|
|
|
55,000 |
55,000 |
| COMPAR |
ATIVE |
S |
F |
OR THE ST |
ATEMENT OF FINANCIAL ACTIVITI |
ES |
|
|
|
|
|
|
Unrestricted |
|
|
|
|
|
|
fund |
| INCOME |
AND ENDOWMENTS |
|
|
|
FROM |
|
| Investment |
income |
|
|
|
|
52,951 |
| EXPENDITURE |
|
ON |
|
|
|
|
| Raising funds |
|
|
|
|
|
743 |
| Charitable |
activities |
|
|
|
|
|
| Grants |
|
|
|
|
|
55,000 |
| Other |
|
|
|
|
|
302 |
| Total |
|
|
|
|
|
56,045 |
| Net gains/(losses) |
|
on investments |
|
|
|
(202,804) |
| NET INCOME/(EXPENDITURE) |
|
|
|
|
|
(205,898) |
| RECONCILIATION |
|
|
|
OF FUNDS |
|
|
| Total funds |
brought |
|
forward |
|
|
2,119,169 |
| FIXEDASSET INVESTMENTS |
|
|
Listed |
|
investments |
| MARKET VALUE |
|
| At 6th April 2022 |
1,861,466 |
| Revaluations |
(160,121) |
| At 5th April 2023 |
1,701,345 |
| NET BOOK VALUE |
|
| At 5th April 2023 |
1,701,345 |
| At 5th April 2022 |
1,861,466 |
| MOVEM |
ENT |
IN FUNDS |
|
|
|
|
|
|
|
|
|
Net |
|
|
|
|
|
|
movement |
At |
|
|
|
|
At 6.4.22 |
in funds |
5.4.23 |
| Unrestricted |
|
funds |
|
|
|
|
| General |
fund |
|
|
1,913,271 |
(146,915) |
1,766,356 |
| TOTAL |
FUNDS |
|
|
1,913,271 |
(146,915) |
1,766,356 |
| Net movement |
|
in funds, included |
in the above are as follows; |
|
|
|
|
|
|
Incoming |
Resources |
Gains and |
Movement |
|
|
|
resources |
expended |
losses |
in funds |
| Unrestricted |
|
funds |
|
|
|
|
| General |
fund |
|
73,563 |
(60,358) |
(160,120) |
(146,915) |
| TOTAL |
FUNDS |
|
73,563 |
(60,358) |
(160,120) |
(146,915) |
|
|
|
|
|
|
|
Net |
|
|
|
|
|
|
|
|
movement |
At |
|
|
|
|
|
|
At 6.4.21 |
in funds |
5,4.22 |
| Unrestricted |
|
funds |
|
|
|
|
|
|
| General |
fund |
|
|
|
|
2,119,169 |
(205,898) |
1,913,271 |
| TOTAL |
FUNDS |
|
|
|
|
2,1]9,169 |
(205,898) |
1,913,271 |
| Comparative |
|
net movement |
in funds, |
included |
in the above are as follows: |
|
|
|
|
|
|
|
|
Incoming |
Resources |
Gains and |
Movement |
|
|
|
|
|
resources |
expended |
losses |
in funds |
| Unrestricted |
|
funds |
|
|
|
|
|
|
| General |
fund |
|
|
|
52,951 |
(56,045) |
(202,804) |
(205,898) |
| TOTAL |
FUNDS |
|
|
|
52,951 |
(56,045) |
(202,804) |
(205,898) |
|
|
|
The Scotbel |
e Charitable |
Trust |
|
|
|
|
|
Detailed Statement ofFinancial Activities |
|
|
|
|
|
|
|
for the Year |
Ended 5th A |
ril 2023 |
|
|
|
|
|
|
|
|
2023 |
2022 |
| INCOME AND |
ENDOWMENTS |
|
|
|
|
|
|
Investment
income |
|
|
|
|
|
|
|
Dividend
income |
|
|
|
|
|
73,490 |
52,951 |
| Interest received |
|
|
|
|
|
73 |
|
|
|
|
|
|
|
73,563 |
52,951 |
| Total incoming |
resources |
|
|
|
|
73,563 |
52,951 |
| EXPENDITURE |
|
|
|
|
|
|
|
Charitable
activities |
|
|
|
|
|
|
|
| Grants to institutions |
|
|
|
|
|
55,000 |
55,000 |
| Support costs |
|
|
|
|
|
|
|
| Management |
|
|
|
|
|
|
|
| Sundries |
|
|
|
|
|
534 |
|
| Exchange Rate |
Loss |
|
|
|
|
2 |
|
| Exchange Rate |
Gain |
|
|
|
|
|
(838) |
|
|
|
|
|
|
536 |
(838) |
Governance
costs |
|
|
|
|
|
|
|
| Accountancy |
|
|
|
|
|
1,140 |
1,140 |
Investment
manager |
|
fees |
|
|
|
570 |
743 |
| Legal fees |
|
|
|
|
|
3,112 |
|
|
|
|
|
|
|
4,822 |
1,883 |
| Total resources expended |
|
|
|
|
|
60,358 |
56,045 |
| Net income/(expenditure) |
|
|
|
|
|
13,205 |
(3,094) |