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ROYALTY AGREEMENT, UNALLOCATED RESERVE AND DISTRIBUTIONS (Tables)
6 Months Ended
Jul. 31, 2023
ROYALTY AGREEMENT, UNALLOCATED RESERVE AND DISTRIBUTIONS  
Schedule of unallocated cash and U.S. Government securities portion of the Trust's Unallocated Reserve

July 31, 2023

January 31, 2023

Cash and cash equivalents

$

17,750,909

$

13,966,500

Distribution payable

 

 

Unallocated cash and cash equivalents

$

17,750,909

$

13,966,500

Schedule of reconciliation of Trust's Unallocated Reserve

Unallocated

Trust

Reserve

Corpus

Total

Balances as of January 31, 2023

    

$

11,438,214

$

3

$

11,438,217

 

Net income

 

10,206,479

 

 

10,206,479

Distributions declared - $0.0000 per unit

 

 

 

Balances as of July 31, 2023

$

21,644,693

$

3

$

21,644,696

Unallocated

Trust

Reserve

Corpus

Total

Balances as of April 30, 2023

    

$

12,461,353

$

3

$

12,461,356

Net income

 

9,183,340

 

 

9,183,340

Distributions declared - $0.0000 per unit

 

 

 

Balances as of July 31, 2023

$

21,644,693

$

3

$

21,644,696

Unallocated

Trust

Reserve

Corpus

Total

Balances as of January 31, 2022

    

$

30,794,749

$

3

$

30,794,752

Net income

 

8,737,814

 

 

8,737,814

Distributions declared - $1.8800 per unit

 

(24,665,620)

 

 

(24,665,620)

Balances as of July 31, 2022

$

14,866,943

$

3

$

14,866,946

Unallocated

Trust

Reserve

Corpus

Total

Balances as of April 30, 2022

    

$

30,745,124

$

3

$

30,745,127

Net loss

 

(4,857,371)

 

 

(4,857,371)

Distributions declared - $.8400 per unit

 

(11,020,810)

 

 

(11,020,810)

Balances as of July 31, 2022

$

14,866,943

$

3

$

14,866,946