Charity number: 1045492
THE ASHWORTH CHARITABLE TRUST
UNAUDITED
TRUSTEES. REPORT AMD FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

THE ASHWORTH CHARITABLE TRUST
CCNTEKrs
R8fOfonco and administrntive deta•ls of Ihe Charry. its Trustees and advisors
Trusts•s' report
Independent examinor's r•port
S￿•M•nI of financial a￿*¥111•$
Balance sh￿1
Not•s to th• financial stat•m•nts
8-16

THE ASHWORTH CHARrrABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED S APRIL 2023
The Charity was founded by Mrs C E Crabtree and constituted as a Charitable Trust on 23 March 1995 by a
Deed ol Trust.
Trustees
Mr K Golestani, Chairman
Mrs K A Gray. Founder
Mrs S Rouhipour
Dr W Momen
Mr l D Miles
Charlty reglstered
numb•r
1045492
Principal offi¢•
Veale Wasbrough Vttards LLP
Second Floor
3 Brindleyplace
Birmingham
81 2JB
Accountants
James Cowper Kreston
Chartered Accountants
2 Communicatsons Road
Greenham Business Park
Greenham
Newbury
RG19 6AB
B*nk•rn
Lloyds 8ank PLC
POBox8
1-5 High Street
Oxford
OX14AA
Sollcftorn
Veale Wasbrough v￿ardS LLP
Second Floor
3 Brindleyplace
Bimiingham
B12JB
Investment Managern
JMFinn&Co.
60 Abbeygate Street
Bury Sl Edmunds
Suffolk
IP33 1LB
Independent Examiner
Mrs S L Watts FCCA DChA
Weslcotts
7C Cranmere Road
Okehamptr)n
Devon
EX29 1UE
Page 1

THE ASHWORTH CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAfi ENDED 5 APRIL 2023
The Trustees present their ￿nUal rewt together the ffina￿al sLitements of the Charity for the year ended
5 Awl 2023.
ObJe¢tlves and a¢tMdes
. Policies and objectivos
The objectives of the Ch*ity are to mae grants fty tharil*le purposes as the Trustees decide.
At present, the Trustees have detemiined to ca￿1d￿ aFpli¢atb￿s for aThJ make gr￿ts as ap[￿priate as fc41ows
- to the Irontiridye Gorgè Museum Trust.
- to Hospiseare's Patsents and Family Furwj.
- for humanitarian prgeets to other ¢haritss.
In setting oty'ectives and ￿annIng for activitres, the Tntstees have given due CC￿sIderatIOn to general guidance
published by the Charty CommissM)n rdab.ng to put4ic ￿neffi( i￿Auding the guklan￿ 'PUt￿lC benefft.. running
charity IPB21'.
A¢hlevements andperfonnan¢e
. Roviow of activities
Tho truvt mith gronto to irbolilutivnB tho yoortotoHing 1 1*0**: £167,274 l dotoilod in tho notoo
to the financial statements. Irusl has ¢>)ntinued ￿ make ￿an(S to Ho$￿$¢are and has contsnued lo support
humanitarian projects.
The TNslees have revievrtd the risks faced by the Chanty aThJ have imF4emented $yJlem$ to mhigate these
rlsks. In parb"¢ulai. the Trustees ¢¢fjsider the primary risk lo be a tsll in the value of the Charitys investments or
fall in the level of in¢ome. The Trustees have mrtiyl•J th's risk by wn9 the seNces of a ￿￿Ing stockbroker
and by adopting a suitable invesknent p)Iw.
Flnanclal revlew
. Going ¢onurn
After making appropriate erNuiries, the Trustees hwe a reasonable expectati￿ that the Chanty has adequate
resources lo continue in operats.onal existence the foreseeable fulure. For this reason. they continue to adopt
the going concern basis in preparing the financ4al staements.
b. Rasep*es policy
The Trust￿. reserves poli¢y is wimarity to make wants up to the levd of in¢cthe reserves available. The
Trustees no kJrKJer hdd any formal dèsKJnated ￿Se￿e$ in the Doctors. and &xial Semees Fund for the kwple
covered by the medical practbces of Honrton, Ottery St Mary. SHIM￿th and Wonford Green surgey, Exeter and
throughout Devon. and applicati'ons frcffi the Soj'al SeNces eovering the same area. However, a grant of
£6,OL)O was made to HOs￿scare.$ Palients and Fanily Fund {Doctors Scheme). a restricted fund which very
much complements Ihe wision of the original founde" of the Ashworlh Chariiable Trust. The level of income and
Ca￿al reserves at 5 ￿.1 2023 is Sh￿ in the notesto the accounts.
Page 2

THE ASHWORTH CHARITABLE TRUST
TRUSTEES. REPORT ICONTINUEDI
FOR THE ENDED 5 APRIL 2023
c. Investments policy
The Tru5tee5 have conts.nued to imiest the Trust Fund to prowdp a streJn of income available for Potential
distribution and a sound capital base for the bng tern fuiure of the Charty. The Ashworth ￿rtfOliO is run on an
advisory basis and the Trustees give due ¢￿5￿deral￿ to the ethi¢al 4mpli¢ab"¢J)s of their investments within the
¢￿)lext of Charity Commissim gudelines {M ￿an￿. risk aThJ the inlenlic41s of the onginal founder).
d. Summary
The attached financial statements shw the ￿rrent *ate ofthe fift￿Ces ofthe TNSL
Invesknent income fty the year amounted to £194.705 12022". £179.0071 grants payable were as r
abovè.
The value of the investments as * 5 AFrfiI 2023 was £5.725.CM)812022: £6.105.449). The Trust￿$ ¢ontynue to
monitor the v*ue of its investsments elosety.
. Plans for futur8 poriods
The Trustees do not exFrtt any signth¢anl ¢hanges in the obJ'e¢tives of the Charty in the forthcomSng year and
intend to ¢c¥)tinue to make grants based CA) total reltyn within the ¢apabtrlity of the fvnd.
Structurn. governance and man•gem•nl
. Con#tltthbn
The Ashwoth Charitable Trust is a registered c*arity. number 1045492. and is ¢>)nstituted under a TNSI deed.
b. Organisational structur• and decis•on4naking polici
Truste￿ who have seNed dunw the ￿ar and sirtethe year er￿ •e set ￿t on page 1.
L)e¢l$i￿￿ are made al Trustees. meetings crf in bets￿ meetrys by a mai¢xity of TNslees.
The right to appc4nt new Trustees is vested in Ihe FoJThlers.
The present Trustees wim ensure Ihat future Tn￿tee5 we eased into the Tole. made aware of their
responsibilities, and provided ￿th infomiation relaling lo the objectives and ￿vernar￿e of the Charity.
Page 3

THE ASHWORTH CHARrrABLE TRUST
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2023
Stai•m•ni of Trnsi••s' r•sponsibiliii•s
The Trustees are responsib￿ for prewng the Trusees. re￿rt and the financ4al statements in accordance v
applicable law and United Kiwkni AcC￿nting SlarKlwd5 (United Kirydom Generalty A• Accounting
Prath"cel.
The law applicabfe to charrties in England & Wales requires the Trustees to prepare financial statements for
each financial which give a true and fair view of the state of affairs of the Charity and of ts inccming resources
and applicaknn of resources. induding bts incLvne a￿1 expendiiure. for that pemd. In prepariTrJ these financial
statements. the Trustees are required to..
sdeet suitable accounlj'ng ￿liCIeS and then ￿Y them Ca￿51sten￿.
observe Ihe and p￿n￿pIeS of ihe Charths SORP IFRS 102};
make judgments and aCr￿Unting estimates Ihat are reason￿￿ and prudent..
state ￿ether applicable UK Accounts'ng Stancards (FRS 1021 have been folkfftd. subject to ￿Y material
departures di5c105ed and ewained in the fin￿claI ststements:
prepare the financial statements on the png c•rwn basis unles$ it is inapPr￿*r1ate to presume that the
Charty will contr.nue in business.
The Trustees are responsible for keepNvJ adequate aceryjrting records that are sufficient to shcw eX￿aIn
the Chantys transactKJns and discknse wth TeasonaJle accuracy al any ts'me the financial py3ikn.on of the Charity
and enable them to ensure that the financial sta.'ements comply with the Charities Act 2011, the Charty
(Accounts and Re￿rts) Regulations 2DJ8 and Ihe prOvis￿S of the Trust deed. They are also ￿sponSIb￿ for
$afeguarding the assets ol the Charity arKI hence loi taking rea￿)nable slep5 lor the prevention 4nd detection of
Iraud and other iffegularities.
Approved by order ￿ the members of the btsard ol Trttstees S#KI on their behall ty.
M15 K A Giay
(Founder)
14 JUM 2023
Page 4

THE ASHSYORTH CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED S APRIL 2023
Independent Ex¥mlnerfs R•port to th¢ Trustee• of The Atshworth Charftable Trn8t Dh• Charltrf)
I report to Ihè charity Trustees on my examlnats"c￿ Of1￿ accounts of the Charity for the y8ar ended 5 Aprfl 2023.
Responsibilitles and Ba¥ls of Report
As the Trustees of the Charty wju are responsibl8 for th8 M)¥a￿On of the #Ccounts in oc4xJrdance ￿th the
roquirement$ of the I￿Or￿&S Act 2011 Ilhe 2011
I report in re5Pe¢t of my examinati￿ ol the Charftys acc(wnis carri&l out under section 145 of the 2011 Aet and
in ¢arTring out my examination I h8v$ followed Ihe applicatle Dir￿￿.0￿ glwn by lh8 Charity Commlssion under
section 14515Xb} of the 2011 Act.
Ind•p•nd•nt Ex¥mlnfrrf• St•t•ment
Your ailention Is drawn to th& 18cI that the Charfty has propared Ihe accounts In a¢eordanco Accounttng #nd
Reportlng by Charibe5: Stst8rnenl of RKommendwJ Practick applicable to charities prepadng their accounts
8ccordance w￿h the FIn￿CIal Reporting Slandard a￿kable in the UK and RepublK of Iroland IFRS 1021 in
prel$rence lo ¢h¥ kcountsng and Rek¥Jrknng by Chanties: S&item8nt ol RecOmm￿ded Pradlc8 issued on 1 Aprfl
2005 whith Is rolerred lo In the exlant f&Julallo)s twjl ha8 toen ￿thdraWn.
l und8rstsnd that this has b￿n done in order for ¢he ac¢>wnts to provkle a Iruo and fair ￿eW In gccordanco wlth
the Gengrally Accepted Accounting PTacli¢8 effe¢Jve lor repthng periods bsglnning on or after 1 January 2015.
I have completed my exominaUM. I ￿firn that no m8ttws ha￿ como to my 8ttenUon In connedon wlth the
exarnin8llon gI￿n9 m& caLtsO to bglth that In any malorfal res
a(xountlng records wwe not kwt In re8P8Ct ol th& Charlty ￿ required by 130 ofthe 2011 Ad,.
th& accounts do not acoyd records.. or
th8 accounts do rnt comply the applk8bl8 requlwements concemlng the fomi and ¢ontant of
?￿OUnt8 sel oul In Ihe Chartti￿ Ikcounts and R*p￿ts) Règulations 2008 other than any requlremenl
ihat the accounts gi￿ • Yruo •r#d fairf vthich Is not a matter ￿ns￿le￿o￿ 88 part ol an indep&ndenl
exarninalon.
I hav8 IKJ con¢oms and have como acm58 no other matters In conn¥dlon v*ith the ex8mlnalon lo vthl(*b
attent￿n Should be dr8vm Sn th13 rewrt in OTd¢r to enaLle a propor underslandlng of the accounts lo b& r6achgd.
Thls repth Is m¥d6 solely lo tha Chèws Trustees. a? a t￿. In accordance ￿th Part 4 of charl￿88
IAco)unts and Reports) Reoulations 2008. My work has been und&rtaken so that I mlght stste to the Charitls
Tru¥le?$ Ihose matter3 1 am rfjqulred lo state to Ihem In an Independenl gxamlner's report aThJ for no other
purpose. To the fullest exlgnt permitted by law, I do not a¢¢ept or assume iaspjnsitmlity to an>￿6 other Ihan Ihe
Charity and the CharilY$ frustoes as a bL¥Jy. for my work ty lor thls roport.
Signgd:
23 low
Mrs S L Wall5"
W¢stcott3
7C Cranmere Road
Ok8hampton
O¢von
EX29 1UE
Page S

THE ASHWORTH CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED S APRIL 2023
Unrestrtcted
funds
2023
Total
tunds
2023
Total
funds
2022
Incom• from:
Investrments
194,105
194705
l T9.661
Total income
194.705
194,705
179.667
Expenditure on:
Raising funds..
Inveslmenl management ¢osts
Charitable actiwties
31.905
228.631
31,905
228,631
33,728
190.462
Total oxponditurè
260.S36
260,536
224. 190
N•t •xp•ndiiur• b•for• n•t Ilo$s•sVga•ns on
inv•stm•nts
Net IlossesVgain5 ￿ irwe5tments
(65,8311
(348,5381
{65,8311
{348,5381
(44.523)
movem￿1 in funds
{414,3691
1414,3691
259,737
Rxonciliaiion of funds:
Total funds brought fory
Net movement in funds
6253,593
1414,3691
6,253,593
{414,3691
5.993.856
259,737
Total funds ¢thrri￿ forward
5,839.224
5,839,224
6,253.593
The Statement of Financial Ath"yities ind￿leS all gair6 and losses rewintsed in the ￿r.
The notes on pages 8 to 16 ftym part of these finan¢al ststeffthts.
Page 6

THE ASHWORTH CHARrrABLE TRUST
BALA¥CE SHEEr
AS AT5 APRIL 2023
2023
2022
Fixed assets
Inve51ments
5.725,006
6.105.449
5.725,008
6. 105.449
CUrr￿t assets
WV dient accwnt
1.153
124.435
6.823
157,589
Cash at bank and in haFKI
125.588
164.412
Creditors.. amounts falling due vitiin one
10
111,3701
(16,268)
Not current assots
114.218
148. 144
Tolal n•t a$￿ts
5.839.224
6.253.593
Charity funds
Unrestricted funds
11
5.839.224
6.253.593
Total funds
5.839.224
6.253.593
The finaneAal statements were apwoved aThl aUt￿riSed for issue by the TnMtee5 signed on their tehalf by..
Mrs K A Gray
(Founder)
14 JUM 2023
The notes on pages 8 to 16 form part of these financal staterne￿.
Page 7

THE ASHWORTH CHARITABLE TRUST
NOTES TO THE FNANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
General information
The Ashwe￿I Charitable Twst is a registeredtharity in England and Wales. The address of its registered
office is Ve￿e waS￿h w￿rdS LLP. Se(xYrfl Flcxy. 3 BrindW(£. &'rmingham. B12JB.
Accounting policies
2.1 Basls of preparnllt)n of flnanclal statenents
The financial statements have been pryed in accordance with the Charities SORP IFRS 1021-
Accounting and Reporbng by Chariti'es.. Statement of Recommended Prath'ce applicable to eharities
preparing their aCc￿ntS in accordance the Financial ReportiTrJ Stsindard applicable in the UK
and Republ￿ of Ireland IFRS 1021 leff*ctive 1 January 20191, the Financial Re￿rting StaThJard
appluble in the UK and Rew￿lie of Ir￿￿ IFRS 1021 and the Charities Act 2011.
The financi￿ statements have been prepwed to gNe a and fairf wew and have departed from
the Charib'es (Accounts and Rep￿s) Re3ulaticffls 2008 onty to the extent required lo prowde a Irue
and fairf view.
The A5hworth Charitable Trust meets the defiTh￿"0n of a putAic benefit entity under FRS 102. Assets
and liatx.lilies are in1b.￿ty reccgnised al ￿tOriCal c05t cff transath.on value unless otherwise slated in
the relevant a¢¢ountir*J polw.
? ?
hjl income 1$ recowbtsed once the Chty has entrtlement to the income, it 1$ probable that the
Incmie wll be received and the arrthint d in¢c4ne re¢*vable Can be measured rel1*￿.
2.3 Expendlturn
Expenditure is recognised once there is a ltyal or wnstructive 01￿19a￿ to transfer eeonomic benefit
to a third party, st is probable that a transfer of ecOr￿mie benefits wll be required in settlement and
the amount of the Obligatic￿ can be measufed T￿1a￿y. Expenditure is classthed by ath'vity. The costs
of each activity are made up of the tota of direct costs and shared costs, induding support costs
involved in undertaking actbMty. Direct costs attn.bUtat￿e to a siThJle acts'wty are alkxated diredy
to that actsvity.
Expenditure on raisiw fur*ts indudes al expenditure In￿lled by the Charity to raise fvnds for its
¢haritable p￿r￿e$ and ind(hJes ¢0sts ol all f￿dr•￿r￿j a¢livityes events and rth￿¢harrtab1e tr•Jing.
Expenditure on charitable ￿tiVI￿eS is inoxred on directy undertakiThJ the actiwh'es th'ch further the
Grant5 paYa￿e are charged in the year Mhen the offer is made except in those case5 where the offer
is ¢(￿d￿Onal. such grant5 bw.ng re￿nISed as eN)prKliture when the condits.ons attaching are
fvlfilled. Grants offered Su￿.￿et to cwdib.c￿s vA)i¢h have not been met at year end are noted as a
eommitr))ent, tyJl not acCr￿d as eXpend￿re.
All eX￿dituTe is incktsive crf Irrecoverab￿ VAT.
2.4 Investments
Fixed asset inve51ments Je a form of financial instrument ar￿ are inthalty recognised al their
tranSacb"c￿ c05t and subsequenlly measured al fair value at the Balance sheet dale. Investment
gains and losses. whèther realised (K unEalisad. are eombir*d and pre5entÈd as 'GainsllLossÈsl
investsi)ents' in the Slatement offfinarrial&liwks.
Page 8

LsvJr￿thTrnm￿th1 Rof. MSHW44ITh-SIIPG 14JJn2CQ3 I￿￿(￿BST0￿rC *lJO 111 P 11110
THE ASHWORTH CHARITABLE TRUST
NOTES TO THE FNANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
Accounting policies Icontinwdl
2.5 Cash at bank and In hand
Cash at bank and in hand indudes tssh s￿)rt-lerrn highly Iwid investrnents with a short maturty
of three months or less frun the dale of opening ofthe dep￿11 or similar account.
2.6 Llabllltles and pmvlslons
Liabilrfi'es are reccyiised N**n there is an l￿￿tron at the Balanee sheet date as a resutt of a past
event. it is probable that a transfer of ec(nomie benefit will be required in settlement. and the amount
of the settlement ￿ be estimated reliabw.
2.7 Fundaccounllng
General funds are unrestrKted fuThJs are availab￿ for use al the discretion of the Trustees in
fijrtherance of the gener* obJ'ects"ves of Ihe Charrty %*uch have not been desvJnaled for other
purposes.
Inveslmenl income. ￿1n$ and losses areallocabj to the apprc•ri•te fund.
Inv•sim•ni In¢om•
Unrnstrict•d
lund*
2023
Total
funds
2023
Total
fvnds
2022
Ir￿¢m* from listed invesknents
Olher investment income
194.705
194.705
178. 150
1.517
194.705
194,705
179,667
Anatysis of •xp•nditur• on ¢haritabl• aeti¥rti•s
Summary by fund type
Unr•strirf
fvnds
2023
Ttxal
2023
Total
2022
Direct eosts
228.631
228.631
190,462
Page 9

THE ASHWORTH CHARITABLE TRUST
NOTES TO THE FNANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
Anatysis of expenditur• by activities
Grant
funding of
activities
2023
Support
cosis
2023
Total
funds
2023
Total
funds
2022
Direct eosts
209.241
19.390
228,631
190,462
Total 2022
167,274
23. 188
190,462
Analysis of support costs
Total
funds
2023
Tot
funds
2022
Trustee indemnty insurance
Ac¢ountan¢y fees
Independent ex￿ninatX)n
Solicitors lees
ministration expenses
6.780
828
10,708
7,740
3.105
19,390
23,188
Page 10

THE ASHWORTH CHARITABLE TRUST
NOTES TO THE FNANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
Anatysis of grants
2023
Local
Prr4ect Food
3,350
Natlonal
3.350
Age
Baby Bank Neh¥ork
Emmaus
Growing Ttsaether
Mummy's Star
Refvgee R&)ts
Sal's Shoes
3,000
3,000
5,000
5,000
5,000
5,000
3,000
3,000
3,000
3,000
3.000
4,000
3,000
Santhell Youth in Aetion
The Courtney FoundatK)n
Tc*Jcan Employment
True Butterfies Foundation
Welw Haffield Women's Refuge
Wcmankind Bristol w￿ren'$ Ttwy G￿lP
48,000
Intern•tlonal
Advantage Africa
African Children's Furrtl
Alri¢an Re*ival
AWAMU
3,400
5,000
3,800
s,000
5,000
5,000
6,200
4500
4000
5,000
4,000
1,800
3,000
3,000
13,391
5,000
3,000
5,000
3.000
3,000
3,000
Deki
Dhaka Ahsania Missp)n
Di5abilrty Africa
Child Rescue N
EducAid Sierra Leone
Fountain of Peace ChiKlren's FcurKlab(
Frank Water Projects
Hospice Ethiopia UK
Just be a Child
Kid5 Club Kamp*
Made with Hope
Mbedza Proieets Support
Medi¢ to Medi¢
New Way3
Open Arms Malawi
Peacè Child Intemati¢y
Play rt FcrNard
Page11

THE ASHWORTH CHARITABLE TRUST
NOTES TO THE FNANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
Porrty and Pens Ghana
Sali of the Earth
Strawberry Hill Overeas
Community Concem
Support and Love *ia Ed￿liOn Intematicnal
The DavKI Rattray F￿ndal
5,000
4000
5,000
3,000
4700
4,000
3,000
3.100
3,000
5,000
Tl* Huriiillliy￿li￿ Iiiib4ti¥e
The School Club Zamtia
The Sparkle Foundatk)n
Widows Right 1ntemab.cnal
zimba￿ Educatrcnal Tn￿t
133,891
Other
BASED UK
6,000
12.000
6,000
HOWS¢￿14 x £3,CWJOI
IrOn￿ti Gorge Museum Trust Lynrted
24,000
209,241
These ￿antS do ncrt imply any pattem d gvirg on the part of the Trustees as regards the future, or any
general 0lAigati￿¥ ￿ the part of the Trusteesto make fvrtheT $u¢h grant5 in the future.
Ind•p•nd•nt •xamin•rfs r•mun•r•tion
The iThJependent eX￿ine￿S remuneralion aT￿nts to an examiner fee of £944 12022 .
£8281.
T¥ustees' remunerati{￿ and expens•*
During the ￿r, no Trustees re¢th￿d arry cther beneffts (2022. £NIL).
During the year etxled 5 Awil 2023. expenses wmbursed or dire¢tty to 4 TrLtstee$12022.' 0)
L)kvii duwii ds ful￿w&.
2023
2022
Travel
179
1.035
1,001
Insurance
Independent exWn1nat￿)ft
3.115
Page 12

THE ASHWORTH CHARITABLE TRUST
NOTES TO THE FNANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
Fixed assot inVeSth￿nts
Listed
investments
At 6 April 2022
Disposals
Revalualions
6,105.449
139,9721
1340,4711
At 5 Apn'l 2023
5,725,006
Net bDDk value
At 5 2023
5,725,006
At 5 Apnl 2022
6, 105,449
Th• hist¢yi¢al ¢ost of th? listed investrnents a15 2023 was £3,894.20812022.' £3,934.180I.
10. Cr•ditor4: Amounts falling du• within on• y•ar
2023
2022
2.507
13,761
A¢cNals aNI deferred irK¢me
11,370
11.370
16.268
Page 13

THE ASHWORTH CHARITABLE TRUST
NOTES TO THE FNANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
11. Staiement of funds
Staiement of funds. current year
Balance at 6
April 2022
Transfers
inlout
Gainsl Balance at 5
(Losses) April 2023
Income Expenditure
un￿str￿le￿
funds
General Income
Fund
194.705
1228.6311
131,9051
33.926
133,926)
Capital Fund
6.253,593
{348.5381 S,839,224
6.253.593
194.705
1260.5361
1348,5381 5,839,224
General Inctyne Fund exists to fvrtrw thegeneral ￿eCts of the Ch•.
Tr* primary purpose, al present, of tr* Ca>lal Fund is lo provth the fulure in¢c4))e lo enable the
Tru$tee$ to ¢arry out thwr objectives.
Stat•m•nt of tunds- prior y•ar
Balance al
l Awyl 2021
Trnnsf&rs
inloul
Gain
Balance at
(Lossos) 5 Apnl 2022
Unrestrtcted
funds
General IrKome
Fund
Caprtal Fund
179.667
f190.462)
(33.728)
10. 795
(10,795)
5,993.856
304,260 6,253.593
5.993.856
179.667
(224.190)
304.260
6,253,593
Page 14

LsvJr￿thTrnm￿th1 Rof. MSHW44ITh-SIIPG 14JJn2CQ3 I￿￿(￿BST0￿rC *lJO 111 P 17110
THE ASHWORTH CHARITABLE TRUST
NOTES TO THE FNANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
12. Summary ol funds
Summary ol funds- Cufrent year
Balance at 6
April 2022
Transfers
inlout
Gainsl Balance at 5
(Losses) April 2023
Income Expenditure
General funds
6.253,593
194,705
1260,5361
(348.$381 5,839,224
Summary ol funds- prior year
Balance al
l Apnl 2021
Transfers
i￿out
Gainsp
Balance at
(Lthss8sJ 5 Apnl 2022
General fur
5.993.856
779.667
(224. 190)
304,260
6.253.593
13. Analysis of n•t ass•ts b•tw8•n funds
Analysis of net assets b•twwn fvnds. curmnt ymr
Unrnstri¢t•d
funds
2023
Total
funds
2023
Fixed aysel investmer
Current assets
Creditors due wthin one yaar
5,725,Crt)6
125,588
11,3701
5,725,006
125,588
111,3701
rot
5,839,224
5,839,224
Analysis of n•t b•tw••n funds- prlty y••r
Unr•slri¢
Total
funds
??
??
Fixed a55el investrnents
Current assets
6.105,449
164,412
(16,268)
6, 105,449
164,412
(16,268)
Creditors due one sear
Total
6,253,593
6,253,593
Page 15

THE ASHWORTH CHARITABLE TRUST 

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 

## 14. Related party transactions 

During the year accountancy fees of £6,600 (2022: £6,780) were payable to James Cowper Kreston for services provided to the charity. The Trustee Mr I D Miles was a partner of James Cowper Kreston during the year. Mr I D Miles retired from James Cowper Kreston on 30 April 2023. 

During the year a grant of £3,000 was paid to Widows Rights International. Dr W Momen is a Trustee of the charity and is a Trustee of Widows Rights International. 

Page 16