ROOKE-ATLAY CHARITABLE TRUST REPORT AND FINANCIAL STATEMENTS
YEAR TO 5 APRIL 2025
Charity number: 1032546
ROOKE ATLAY CHARITABLE TRUST
CONTENTS OF THE REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
| Page | |
|---|---|
| Trustees’ Report | 1-2 |
| Independent Examiners' Report | 3 |
| Statement ofFinancial Activities | 4 |
| Balance Sheet | 5 |
| Statement ofCash Flows | 6 |
| NotestotheFinancialStatements | 7-12 |
1 ROOKE ATLAY CHARITABLE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2025
The trustees present their annual report and financial statements of the charity for the year ended 5 April 2025. The financial statements have been prepared in accordance with the accounting policies set out in note | to the accounts and comply with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014 (FRS 102).
Objectives, activities for the public benefit and grant making policy
The objects of the Trust continue to be to assist charitable causes in Northallerton and its surrounding districts. The trustees confirm they pay due regard to the guidance on public benefit issued by the Charity Commission when carrying out their duties and deciding on beneficiaries. Suitable causes come to the attention of the trustees as a result of their local knowledge and from applications received direct. Possible beneficiaries are discussed by the trustees and approval of grants is given on the unanimous agreement of the trustees. The Trust operates independently and has no connections with other organisations or charities. It has no plans to change its method of operation or to commence fund raising activities.
Review of our achievements and performance: How our grants delivered public benefit
Grants of £44,447 were made during the year (2024 £42,320). Details are given in note 3 to the accounts.
Financial review, investment policy and performance
The Trust is entirely reliant on income from its investments to finance grants. Furthermore, The Statement of Recommended Practice on Accounting and Reporting by Charities requires the trust to revalue its investments annually. As a result of the reserves policy of making good, when possible and reasonable, any reduction in the value of the Endowment Fund from the Income Fund on a year to year basis, conditions in the financial markets have a direct impact on the income the trustees have available for grants. The amount of income available each year is therefore volatile and the trustees need to be cautious when making grants. The trustees' main long term concern continues to be the maintenance of the Endowment Fund. The financial market movements during the year resulted in an increase in the value of the Endowment Fund investments of £16,803 (2024, decrease £16,332).
The Trust's transactions during the year and financial position at the end of the year are detailed in the annexed accounts. The salient features are:
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|||||||||
|---|---|---|---|---|---|---|---|
|2025|2024|
|£|£|
|Grants|paid|by|the|Trust|44,447|42,320|
|Net|income/(loss)|before|gains|and|revaluations|(10,130)|(4,701)|
|Balance|on|Income|Fund|75,526|85,656|
|Market|value|of Endowment|Fund|976,086|959,283|
----- End of picture text -----
Risk managements
The principle risk faced by the Trust is in the performance of its investments. The advice of the Trust's stockbrokers is therefore always taken before any investment decision is made. The position during the year was that there were substantial uncertainties and the advice given to the trustees was that it was preferable to preserve capital, even though this resulted in lower income, rather than risk investment.
Reserves policy
Endowment Fund: The unrestricted Endowment Fund should be maintained at a value of not less than £750,000. Transfers can be made in excess of this value from the Endowment Fund to the Income Fund. Income Fund: Balances on the Income Fund should be equal to or more than any commitments of the Charity for donations in the foreseeable future.
Plans for the future
The trustees plan to continue operating the Trust as at present. However they do realise that the downturn in interest rates will reduce the income of the Trust and have therefore invested additional funds in investment portfolios as opposed to the bank.
2
ROOKE ATLAY CHARITABLE TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2025 (continued)
Structure, governance, management and administrative information Charity name and registration number:
Name: Rooke-Atlay Charitable Trust
Number: 1032546
Address: C/o Mowbray Mount Bullamoor Road Northallerton North Yorkshire DL6 3QW
Trustees:
The trustees managing the charity during the period covered by their report are set out below. There were no non-managing trustees.
Appointed by existing trustees:
Miss Joanne Elizabeth Moore Miss Clare Jane Moore Mrs Ella Mary Biggs Mrs Amy Jane Clare Glover Miss Nicola Jayne Kirby
Solicitors: Accountant: Banker: Investment Advisors: Messrs Place Blair & Hatch Lyons & Co Ltd Coutts & Co James Sharp & Co 240 High Street Unit 1 1 Trinity Gardens The Exchange Northallerton Thornfield Business Park 2nd Floor 5 Bank Street North Yorkshire Standard Way Broadchase Bury DL7 8LU Northallerton Quayside Lancashire North Yorkshire Newcastle upon Tyne BL9 ODN DL6 2XQ NE1 2EH
Governing document and constitution:
Charitable trust constituted by deed of declaration of trust dated 31 December 1993 and as amended.
Trustees:
Trustees are appointed only by invitation of the existing trustees. Any new trustee would have qualities of particular benefit to the trust.
Objects:
The objects of the Trust are to apply the endowment fund and its income in any manner deemed by law to be charitable in the area of Northallerton and its surrounding districts. The trustees further these objects by considering possible beneficiaries which come to their attention and by making grants as they consider appropriate.
Investment powers:
The trustees are given wide powers of investment by the governing document of both capital and income and are not subject to the restrictions imposed by the Trustee Investments Act.
Remuneration of trustees
Under the terms of the governing document, any trustee may be paid for work done in a professional capacity. No payments were made to the trustees for the day to day operation of the Trust and no expenses were reimbursed.
Approved by the trustees on 13 January 2026 and signed on their behalf by:
Miss Clare Jane Moore Trustee
3
ROOKE ATLAY CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 5 April 2025.
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
¢ the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
¢ the accounts did not accord with the accounting records; or
-
¢ the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come accross no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr J R Lyons FCA for and on behalf of Lyons & Co Ltd Chartered Accountants
Unit 1 Thornfield Business Park
Standard Way Northallerton North Yorkshire DL6 2XQ
4
ROOKE ATLAY CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025
| Note Endowment | Note Endowment | Income | Total | Total | |
|---|---|---|---|---|---|
| Fund | Fund | Funds | Funds | ||
| (Unrestricted) | (Unrestricted) | 2025 | 2024 | ||
| £ | £ | £ | £ | ||
| Incoming resources | |||||
| Investment income | |||||
| Interest | 2 | - | 31,454 | 31,454 | 26,858 |
| Dividends | 2 | - | 9,130 | 9,130 | 13,649 |
| Other | 2 | 374 | 374 | - | |
| Total income | - | 40,958 | 40,958 | 40,507 | |
| Resources expended | |||||
| Expenditure on charitable activities | 3 | - | 48,016 | 48,016 | 42,568 |
| Governance costs | 3 | - | 3,072 | 3,072 | 2,640 |
| Total expenditure | - | 51,088 | 51,088 | 45,208 | |
| Net income/(expenditure) before gains | |||||
| and losses on investments | - | (10,130) | (10,130) | (4,701) | |
| Net gains/(losses) on investment disposal | 4 | 38,864 | - | 38,864 | - |
| Net gains/(losses) on investment revaluation | 4 | (22,061) | - | (22,061) | (16,332) |
| Net income/(expenditure) | 16,803 | (10,130) | 6,673 | (21,033) | |
| Transfers between funds | - | - | - | - | |
| Net movement in funds | 16,803 | (10,130) | 6,673 | (21,033) | |
| Reconciliation offunds | |||||
| Total funds brought forward | 959,283 | 85,656 | 1,044,939 | 1,065,972 | |
| Totalfundscarriedforward | £976,086 | £75,526 | £1,051,612 | £1,044,939 |
5
ROOKE ATLAY CHARITABLE TRUST
BALANCE SHEET
AS AT 5 APRIL 2025
| Note | Endowment | Income | Total | Total | ||
|---|---|---|---|---|---|---|
| Fund | Fund | Funds | Funds | |||
| (Unrestricted) | (Unrestricted) | 2025 | 2024 | |||
| £ | £ | £ | £ | |||
| Fixed assets | ||||||
| Listed investments | 4 | 373,708 | - | 373,708 | 368,999 | |
| Total fixed assets | 373,708 | - | 373,708 | 368,999 | ||
| Current assets | ||||||
| Interest receivable | - | 14,834 | 14,834 | 16,643 | ||
| Bank investment accounts | 602,378 | 45,713 | 648,091 | 667,378 | ||
| James Sharp& Co: | Cash account | - | 12,358 | 12,358 | 2,970 | |
| Income account | - | 2,693 | 2,693 | 5,752 | ||
| Bank current account | - | 3,000 | 3,000 | 3,000 | ||
| Total current assets | 602,378 | 78,598 | 680,976 | 695,743 | ||
| Liabilities | ||||||
| Creditors failling due | within one year | 5 | - | 3,072 | 3,072 | 19,803 |
| Net current assets | 602,378 | 75,526 | 677,904 | 675,940 | ||
| Total assets less current liabilities | 976,086 | 75,526 | 1,051,612 | 1,044,939 | ||
| Total net assets | £ 976,086 | £75,526 | £ 1,051,612 | £ 1,044,939 | ||
| The funds ofthe charity | ||||||
| Unrestricted endowment fund | 6 | 976,086 | 976,086 | 959,283 | ||
| Unrestricted income | fund | 75,526 | 75,526 | 85,656 | ||
| Totalcharityfunds | £976,086 | £75,526 | £1,051,612 | £1,044,939 |
The notes on pages 7 to 11 form part of these accounts.
Approved by the trustees on 13 January 2026 and signed on their behalf by:
Miss Clare Jane Moore Trustee
6
ROOKE ATLAY CHARITABLE TRUST
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 5 APRIL 2025
| Note | 2025 | 2024 | |
|---|---|---|---|
| £ | £ | ||
| Net cash provided by/(used in) operating activities | a | (66,007) | (44,461) |
| Cash flows from investing activities: | |||
| Interest | 2 | 31,454 | 26,858 |
| Dividends | 2 | 9,130 | 13,649 |
| Other income | 2 | 374 | - |
| Proceeds from sale ofinvestments | 4 | 351,499 | - |
| Purchase ofinvestments | 4 | (339,408) | - |
| Net cash provided by/(used in) investing activities | 53,049 | 40,507 | |
| Change in cash and cash equivalents in the year | (12,958) | (3,954) | |
| Cash and cash equivalents at the beginning ofthe year | 679,100 | 683,054 | |
| Cash and cash equivalents at the end ofthe year | £ 666,142 | £679,100 | |
| Analysis ofcash and cash equivalents | |||
| Bank investment accounts | 648,091 | 667,378 | |
| James Sharp& Co: Cash account |
12,358 | 2,970 | |
| Income account | 2,693 | 5,752 | |
| Bank current account | 3,000 | 3,000 | |
| Totalcashandcashequivalents | £666,142 | £679,100 |
7
ROOKE ATLAY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
1 Accounting policies
(a) Basis of preparation of accounts
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless other stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The trust constitutes a public benefit entry as defined by FRS 102.
The trustees consider that there are no material uncertainties about the Trust's ability to continue as a going concern.
(b) Funds structure
The charity has a single endowment fund. The trustees, at their discretion, may allocate any part of this endowment fund and any income therefrom in accordance with the objects of the Trust.
(c) Incoming resources
Incoming resources are included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to the resources, the trustees are virtually certain that they will receive the resources and the monetary value can be measured with enough reliability. Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate. Investment income is included in the SoFA when receivable. Investment gains and losses includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to the market value at the end of the accounting period.
(d) Expenditure and liabilities
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Governance costs include charges in connection with investments held, costs of the preparation and examination of statutory accounts and cost of any professional advice to trustees on governance or constitutional matters.
(e) Fixed asset investments
Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.
The Trusts motivation for holding investments is to further its financial return thereby enabling it to further its charitable objectives.
The Trust does not acquire put options, derivatives or other complex financial instruments.
The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to the wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors.
(f) Realised gains and losses
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities.
(g) Cash at bank and in hand
Cash at bank is defined as balances held in accounts at the Trust's bank and with the Trust's stockbrokers.
8
ROOKE ATLAY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 (continued)
| 2 | Investment | income | ||
|---|---|---|---|---|
| Interest | ||||
| 2025 | 2024 | |||
| £ | £ | |||
| Coutts Bank - Reserve account | 6,630 | 1,957 | ||
| Coutts Bank - 95 DayNotice account | 3,924 | 8,305 | ||
| Coutts Bank - Money Market account | 17,546 | 16,472 | ||
| James Sharp Investment Account - Bank | 467 | 124 | ||
| James Sharp Investment Account -UK Securities | 1,263 | - | ||
| James Sharp InvestmentAccount - Unit Trusts/OEICs | 739 | - | ||
| James Sharp InvestmentAccount - Investment Trust Companies | 581 | - | ||
| James Sharp Investment Account - Overseas | 304 | - | ||
| £31,454 | £26,858 | |||
| Dividends | ||||
| 2025 | 2024 | |||
| £ | £ | |||
| James Sharp Investment Account - UK Companies | 2,171 | 13,649 | ||
| James Sharp Investment Account - Investment TrustCompanies | 2,666 | - | ||
| James Sharp Investment Account - Overseas | 4,293 | - | ||
| £ 9,130 | £ 13,649 | |||
| Other income | ||||
| 2025 | 2024 | |||
| £ | £ | |||
| James Sharp Investment Account - Property Income Distribution | 374 | - | ||
| £374 | £- | |||
| Total | £40,958 | £40,507 |
9
ROOKE ATLAY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 (continued)
3 Monitoring achievement - Grants paid to beneficiaries and public benefit
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Grants to institutions | ||
| Marie Curie | - | 7,500 |
| Friarage Hospital Palliative Care Team | 13,200 | 15,000 |
| Friarage Hospital Theatre Gardens | - | 500 |
| Appleton Wiske Recreation Association | - | 16,380 |
| Project Trust | 1,000 | - |
| Amber Bee | 5,630 | - |
| Hillside Rural Activity Park | 10,000 | - |
| Friarage Hospital | 11,998 | ~ |
| Grants to individuals | ||
| Emma Croker (transport to College) | 2,619 | 2,940 |
| £44,447 | £42,320 | |
| Management and Governance | ||
| Bank charges | 15 | 8 |
| Broker fees | 3,554 | 240 |
| LEI Registration fee | - | - |
| Accountancy fees | 3,072 | 2,640 |
| £ 6,641 | £2,888 | |
| Total | £51,088 | £45,208 |
10
ROOKE ATLAY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 (continued)
4 Listed investments
| Gains/(losses) | ||||||
|---|---|---|---|---|---|---|
| Market | Additions/ | on disposal | Market | |||
| No | Holding | Value | (disposals) | & revaluations | Value | Cost |
| 5/4/24 | 5/4/25 | 5/4/25 | ||||
| £ | £ | £ | £ | £ | ||
| 31 Infrastructure | ||||||
| 1,200 | OrdNPV | 4,016 | ||||
| (3,881) | (135) | - | - | |||
| 31 Infrastructure | ||||||
| 3,600 | OrdNPV | 12,049 | (943) | 11,106 | 12,049 | |
| Alliance Witan | ||||||
| 1000 | Ord 2.5p | 12,282 | (1,462) | 10,820 | 12,282 | |
| Alphabet Inc Capital Stock | ||||||
| 70 | USD 0.001 CIA | 9,213 | (1,295) | 7,918 | 9,213 | |
| Astra Zenica | ||||||
| 2,100 | 25p Ord shares | 223,020 | (256,955) | 333935 | - | - |
| Astra Zenica | ||||||
| 155 | 25p Ord shares | 16,461 | 291 | 16,752 | 1,056 | |
| Aviva | ||||||
| 2,000 | Ord 0.328947368p shares | 9,603 | 905 | 10,508 | 9,603 | |
| BAE Systems | ||||||
| 621 | 25p Ord shares | 8,234 | (7,918) | (316) | - | - |
| Barclays | ||||||
| 6,665 | 25p Ord shares | 12,646 | (15,298) | 2,652 | - | - |
| Blackrock American Income Trust | ||||||
| 6,100 | Ord Ip | 12,025 | (801) | 11,224 | 12,025 | |
| Caledonia Investments | ||||||
| 365 | Ord Sp | 12,412 | (39) | 12,373 | 12,412 | |
| Centrica | ||||||
| 1,134 | 6 14/81p Ord shares | 1,407 | (1,590) | 183 | - | - |
| Coca Cola | ||||||
| 200 | USD 0.25 shares | 10,028 | 838 | 10,866 | 10,028 | |
| CQS New City HYF | ||||||
| 60,000 | NPV | 30,960 | (31,697) | 737 | - | - |
| CQS New City HYF | ||||||
| 40,000 | NPV | 20,640 | (80) | 20,560 | 23,188 | |
| Greggs | ||||||
| 300 | Ord 2p shares | 8,844 | (3,567) | 5,277 | 8,844 | |
| Henderson High Inc Trust | ||||||
| 13,000 | 5p Ord shares | 20,085 | (21,907) | 1,822 | - | - |
| Henderson High Inc Trust | ||||||
| 12,000 | 5p Ord shares | 18,540 | 300 | 18,840 | 23,229 | |
| Hicl Infrastructure | ||||||
| 3,200 | OrdNPV | 4,002 | ||||
| (3,805) | (197) | - | - | |||
| Hicl Infrastructure | ||||||
| 9,800 | OrdNPV | 12,256 | (1,692) | 10,564 | 12,256 | |
| iShares Core | ||||||
| 100 | CorpBdUcitsEtfGBP | 12,282 | (241) | 12,041 | 12,282 |
11
ROOKE ATLAY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 (continued)
4 Listed investments (continued)
| JP Morgan Etfs (Ireland) | ||||||
|---|---|---|---|---|---|---|
| 715 | Icav Glob Eq Premium Active Ucits | 14,995 | 24 | 15,019 | 14,995 | |
| JP Morgan European Growth& Income | ||||||
| 11,500 | Ord 0.05p | 12,339 | (494) | 11,845 | 12,339 | |
| JP Morgan Indian Inv Trust | ||||||
| 1,200 | Ord 25p | 12,116 | (992) | 11,124 | 12,116 | |
| Londonmetric Property | ||||||
| 8,200 | Ord 10p | 16,543 | (1,824) | 14,719 | 16,543 | |
| Murray International Trust | ||||||
| 4,800 | Ord 5p | 12,228 | (396) | 11,832 | 12,228 | |
| National Grid | ||||||
| 330 | 11 17/43p Ord shares | 3,409 | (3,464) | 55 | - | - |
| Personal Assets Trust | ||||||
| 1,000 | Ord 12.5p | 4,856 | ||||
| (4,984) | 128 | - | - | |||
| Personal Assets Trust | ||||||
| 2,400 | Ord 12.5p | 11,655 | 393 | 12,048 | 11,655 | |
| Prudential Funding Asia | ||||||
| 12,000 | 6.125% Gtd Sub Mtn 19/12/2031 | 12,896 | (566) | 12,330 | 12,896 | |
| Shell | ||||||
| 489 | Ord Eur 0.07 | 13,594 | (1,459) | 12,135 | 2,896 | |
| Royal London Bond Funds | ||||||
| 19,500 | Icve Corporate BondM Dis | 20,513 | 118 | 20,63 1 | 20,670 | |
| Schroder Oriental Income | Fund | |||||
| 4,500 | Ord 1p | 12,352 | (967) | 11,385 | 12,352 | |
| UK 0.125% Snr Bds 31/01/2028 | ||||||
| 12,000 | GBP 1,000 | 10,507 | 367 | 10,874 | 10,507 | |
| UK 3.5% Gilt Snr Bds 22/01/2045 | ||||||
| 12,000 | GBP 'regs' | 10,268 | (543) | 9,725 | 10,268 | |
| Vaneck Ucits Etfs | ||||||
| 300 | Semiconductor Ucits EtfA | 10,276 | (2,942) | 7,334 | 10,276 | |
| Vanguard Funds | ||||||
| 440 | Ftse 250 Ucits EtfGBP Dis | 14,411 | (2,049) | 12,362 | 14,411 | |
| Vanguard Funds | ||||||
| 315 | FtseALL wWld High Div | Yld Ucits | 16,398 | (446) | 15,952 | 16,398 |
| Vanguard Funds | ||||||
| 140 | S&P 500 Ucits EtfUSD Dis | 11,685 | (1,283) | 10,402 | 11,685 | |
| Wisdomtree Issuer Icac Gbl | ||||||
| 610 | Qty Div Gth Ucits Etf USD | 16,358 | (1,216) | 15,142 | 16,358 | |
| £368,996 | £(12,091) | £16,803 | £373,708 | £377,060 |
12
ROOKE ATLAY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 (continued)
5 Creditors falling due within one year
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||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|2025|2024|
|£|£|
|Trade|creditors|3,072|19,803|
|£|3,072|£ 19,803|
|6|Endowment|Fund|movements|
|2025|2024|
|£|£|
|Balance|before|revaluations|brought|forward|723,461|723,461|
|Add:|Gains/(losses)|realised|during the|year|38,864|-|
|Transfer|from|Income|Fund|-|-|
|Balance|before|revaluations|carried|forward|762,325|723,461|
|Investment|revaluations:|
|Brought|forward|235,822|252,154|
|Net|increase/(decrease)|for|the|year|(22,061)|(16,332)|
|Balance|carried|forward|£|976,086|£ 959,283|
|7|Reconciliation|of net|income/(expenditure)|to|net|cash|flow|from|operating|activities|
|2025|2024|
|£|£|
|Net|income/(expenditure)|for|the|year|per|statement|of financial|activities|6,673|(21,033)|
|Losses/(gains)|on|investments|(16,803)|16,332|
|Income|from|investments|(40,958)|(40,507)|
|Decrease/(increase)|in|interest|receivable|1,812|(16,536)|
|Increase/(decrease)|in|creditors|(16,731)|17,283|
|Net|cash|provided|by/(used|in)|operating|activities|£|(66,007)|£ (44,461)|
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