2023-08-31-accounts - The Ormerod Trust Fund

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		2023			2022
Note	Endowment	Restricted	Total	Endowment	Restricted	Total
INCOMING RESOURCES
Generated Funds
UK Dividends	35,096		35,096	33,613		33,613
Net Incoming Resources available
for Charitable Application	35,096		35,096	33,613		33,613
CHARITABLE EXPENDITURE
Grants		22,953	22,953		33,845	33,845
Governance		1,782	1,782		1,632	1,632
Total Resources Expended		24,735	24,735		35,477	35,477
Transfer between Funds	(35,096)	35,096		(33,613)	33,613
Applied Total Return				(1,900)	1,900
NET OUTGOING RESOURCES		10,361	10,361	(1,900)	36	(1,864)
Unrealised gains/(losses) on	16		16	(28,279)		(28,279)
investment assets
Realised gains/(losses)
NET MOVEMENT IN FUNDS	16	10,361	10,377	(30,179)	36	(30,143)
Fund Balance at 1 Sept 2022	604,472	95,971	700,443	634,651	95,935	730,586
FUND BALANCE AT	604,488	106,332	710,820	604,472	95,971	700,443
31AUGUST 2023

SAT 31	sr AUGUST 2023
		Note	2023	2022
				6
Fixed Asset Investments			697,191	697,417
Current	Assets
Nominee	Cash Account		14,811	4,208
			14,811	4,208
Less: Current Liabilities
Creditors		10	1,182	1,182
			1,182	1,182
NET CURRENT ASSETS			13,629	3,026
TOTAL	ASSETSLESS CURRENT LIABILITIES		710,820	700,443
Endowment Funds			604,488	604,472
Restricted	Funds		106,332	95,971
			710,820	700,443

FOR THE YEAR ENDED 31 r AUGUST 2023
	2023		2022
NET CASH OUTFLOW FROM OPERATING ACTIVITIES	(24,735)		(35,393)
RETURNS ON INVESTMENTS
Income from investments	35,096		33,613
Interest Received (inc. VAT Reclaim Refund)
Sale ofInvestments	332,091
	367,187		33,613
FINANCIAL INVESTMENT
Purchase ofInvestments	331,849
NET CASH (OUTFLOW)	10,603		(1,780)
RECONCILIATION OFNET OUTGOING RESOURCES
TO NET CASH FLOW FROM OPERATIONS
Net Incoming/(Outgoing) Resources	10,361		(1,864)
Investment Income	(35,096)		(33,613)
Increase/(Decrease) in Creditors			84
NET CASH OUTFLOW FROM OPERATIONS	(24,735)		(35,393)
ANALYSIS OF CHANGES IN NET CASH RESOURCES	I"Sept 2022	Movement	31"Aug 2023
Cash at Bank and in hand	4,208	10,603	14,811

FORTHE YEAR ENDED 31 AUGUST	FORTHE YEAR ENDED 31 AUGUST	FORTHE YEAR ENDED 31 AUGUST	2023	(continttect)
4. RECONCILIATION OF FUNDS
			2023				2022
	Endowment		Restricted		Total	Endowment	Restricted	Total
						5
At 1"September 2022		604,472		95,971	700,443	634,651	95,935	730,586
Movement in resources		16		10,361	10,377	(30,179)	36	(30,143)
As at 31u August 2023		604,488		106,332	710,820	604,472	95,971	700,443
5. TOTAL RETURN
Value ofpermanent endowment Value ofpermanent endowment		at 31"August 2022 at 1"September 1995			604,472 416,796
Unapplied total return held on 1"September 2022	trust for application			as income	187,676
Decrease in value ofpermanent		endowment	in the year			16
Balance ofunapplied total return					187,692
Applied from total return 2023
Balance ofunapplied total return as income 31"August 2023		held on trust for		application	187,692

FO	RTHE YEAR ENDED 31 AU	RTHE YEAR ENDED 31 AU	GUST 2023 (continued)
8.	EXPENDITURE
				2023	2022
Administration ofthe charity includes:-
Auditors'		Remuneration		1,182	1,182
Professional fees				600	450
				1,782	1,632
9.	SHORT TERM INVESTMENTS		(UK)
				2023	2022
Nominee		Account		14,811	4,208
				14,811	4,208
10.	CREDITORS
				2023	2022
Accruals		k Deferred Income		1,182	1,182
				1,182	1,182