THE HON E W C WELD FORESTER MnLL TRUST
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
WR
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ThE HON E W C WELD FORESTER WILL TRUST
CONTENTS
Page
Reference and administra11￿ details olthe Charity, its and athis•
Trustfjes. report
Indepenfknnt exam11￿￿$ report
Stalgment of Ilnaneial activities
Balance sheet
Not•$ lo th• financial statsmènls
8-15

THE HON E W C WELD FORESTER WILL TRUST
REFERENCE AND ADMINISTRATNE DETAILS OF THE CHARrrY. ITS TRUSTEES AP4D ADv￿ER8
FOR THE YEAR ENDED 5 APRL 2023
Trustees
Mr C J S Whitaker. CXher- (Ple8se inwl details)
Mrs H C Dyer
Mi G E Hokls¥mrth Hunt
The Htsn A E Connel, Chair
Chayity registernd
number
1105582
Principal offic•
padrn￿ House
Hall Court
Hall Park Way
Telford
TF3 4LX
Accountants
WR P8rlnef5
Chartered Accountants
Belmnl House
Shrewstsjry Busmess Pa
Shrvwstjuiy
Shropshire
SY2 8LG
Natwesl PIC
121 HpJh Slreet
Oxford
OX14DD
Soll¢itor*
MFG So1￿￿t0
PadffK)Te House
Hall Court
Hall Park Way
Telford
TF3 4LX
stockbrokern
E F G Harris Aild4y
33 Great Charfes Street
BirmirNJham
83 3JN

THE HON E W C WELD FORESTER Y41LL TRiIST
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2023
b. Reser¥•s policy
Th• thArity's net in(Ythme lÈss paymenls gave £5.940 bsse5 12022.. £555 oains) and the m8thel value of the
investments w&8 £1.341.71312022'. £1,480,971). It L% Ihe Trustee's pow to maintain suffKienl resenrts to fund
the ongoing *JrNnistrnt￿n ofthe tn￿ oN*r ltte nexl fnan¢ial year.
FTee reseNes at Ihe year end afe £36.101 (2022.. £56.579), beiry the unrnstrkled fvnds *ss the design8led
nds.
e. Connict ol interest m•nag•m•nl
Where a conllkl of Hiteresl exists belween an aF*4nl 8NJ a Tn￿. the relevanl Tnthe af15thi￿ from any
decision rè dLstn"butions.
StnKtitr•i gov•Ynance and m#n•g•m•nt
a. Constitutlon
The Hon E W C Forester WIM Trust ts a regbs1er￿ ch*r*y. number 1105582. and was fouNled by the IMII
ollhe Hon E W C V4ehJ Forester daled 5 Septembef 1946.
Thg Trustees hokl the caplal ar*J Incorm ofthe Trust Furnl upon Tntst forlhe declarnd above.
b. M•thods of appointsm•nt or ol•clion of Trusl••s
The m¥nagefftht of the Chqrlty L5 the reswtillty of the Trustee5 are ele¢aed aThJ cw*ed under the
terms ol Ihe Trust deed.
c. Financlal rhk manag•m•nt
The Trustees have assessed the major [￿kS lo which the Chaiity i8 elwsed, in part￿￿lar those relaled lo the
operations 8nd finances of Ihe Chanty, and are salisfied that sysleff6 wOcedU￿ are in place lo mhwote
exwsurn to the mgjor risks.
d. Inv•sbn•nt pmrs
The Tmstees have the pmr Io bnvesl in any investrr*nts authorwl by law for the inve5trr*nt oftrust funds.

THE HON E W C WELD FORESTER YIILL TRUST
TRUSTEES. REPORT
FOR IHE YEAR ENDED S APRL 2023
The Trustees present Iheir annu81 rerrf>rt logether wiu) the ffftancial State￿nts of the Chaf*y for the year 6
A￿1 2022 10 5 April 2023.
Objectivfjs and a¢ti¥ities
. Pdi¢i•s and otiiecliw•s
The Truslees wish to corrtinue lo appty tile annual income of the trnst in armrfance wlth the Will of the Hon E
W C Wekj Foreslefdal&J 5 September 1918.
The objecll4es of the v￿11 Trust arn to appty the annual for the wrpose of wovhjmg 8 IK*ffltr for and
olherwtse for the benefft of such one oi ft￿re eXclusi￿lY of Ihe Hon E W C Wekl Fo￿Ste¢S brothets, sislern,
nephwts and nie(*s arhd their respecifft issue and the sur¥i4tyThJ husband or wife of any such peison who shall
be poor and needy and in the opinknn of the Tnjstees suitat* feciwnts of chèrty as the Trustees shall think fft.
In setting oty'ecli￿s and plannino for adiv*ie5, Ihe Tnjslees hab* given due Cons¥jer8t￿n to general guhJ8nce
published by the Charity Cornlon relatiNJ benefrt. the gubjance PUbTr￿ benefft: running a
charity {PB2)'.
b. Grant4Nking policies
The charit8b￿ fijnds aro dL51ributed in line wtéh the notes atthe.
c. Maln actlvlli•¥ und•rtak•n to furth•r th• Charity's pwpose$ for the public ￿n•t11
The Trustees ¢onffifm t￿1 Ihey h8ve Trfeffed to the revised publK benefl gu￿&r￿e ContsIn￿l in Ihg Charity
Commiss￿￿,$ 9eneral guN1ance when reViewi￿d the Inj￿.$ airns 8NJ objectives 8rKI in planniw future
dislrfbulions.
Achigv•m•nts and performance
a. R•vi•w of acti¥it*•
Throughout the year. ltte InN*stment wrtfolio has l)een managed to prolvde a stream of income for distrflyjlbn
19 benefiaari&s.
b. Investrnent policy •nd perfornMnc•
The Trustees have instwded the* stoc*t￿￿e[S to ot*r8te a teffli investrrnnt strategy. ta￿l¥d a Th￿￿18te
risk approach. and al￿￿￿ to ach*ve a balance b8l**en geneTrliThJ incorne and capital g￿rth.
Financial review
a. Going con¢em
After making apprDpriate ewtsiries, the Trustees have a reasonable ey¥*Cla￿n that the Ch81fty ha5 adequate
SOUTces trj co¥)tinue in operalKJnal exLStence lor the foresee8trAe fulurp. For this re8son. they contsnue to
adopt Ihe going Gonttm basis in piepating Ihe fInar￿la4 slUlErr￿5. Full1￿ Oetats ￿3a￿*19 Ihe •JotAion of
the 90ing concem basis can be found in the accounliwJ polic￿.

THE HON E W C WELD FORESTER WILL TRUST
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED S APRIL 2023
Statement of Trustees. rgsponsibilii*s
The Trustees are respon￿b￿ for preparing the Truatees. rewt 4ThJ the ffinanclal ststeThEms m ac￿r￿anCe with
applicatAe taw arnl Unit&J ￿"ngdorn ACcoUntw￿ &arxJards (Unitwj KiNJlom Genernlty AWed AccountirwJ
Practice).
The law applicable to chall1￿$ In England & Wales wuwes Ihe Truslees to wepare fin8ncJal statements for
each financial wthich give a true and fair Mew of the state ol affai￿ of Ihe Charity and of rts incoming fySOUfces
and applution of resources, induding its inu)me expendrture, for that peiiL*J. In tKepaiing these financial
slalement5, the Trustees are required lo..
select suit•￿e afxfjunting Folic4es and then 4ppty them coThsi¥ertty;
obseNe the melhcds and prinuple5 01 the Chariiies SORP IFRS 102).,
make judgments and accountlng estimates that are reason8ble 8nd prudent.,
state whether apkyicable UK Act4)unltng Standards {FRS 102) have been ￿￿1￿1￿j. su¥ecl lo 4ny
material departures dtsdosed aThJ explained in the ffin8ncial statements,.
prepare the fts)an¢ial stalements on the gomg concem basis un￿sS is inapwoprigle lo wesumg that the
Charily will continue in business.
The Trustees are ￿Spon￿ble for keeplThJ 8dequale aetounling rec¥)rds Ih81 are SLfficienl to sho* aTra explain
Ihe Chanty's transa￿lOn$ and dtsclose wrth reasonable 4￿racY al any lime the fin8ncial rM)sitK)n of the Charity
and enable them lo ensu￿ th81 the fin8nck91 sl8lements compty with the Ch8ril*s Ac* 2011. the Ch8rrty
(Accounts and Reports) Regulat￿nS 2008 aTrJ Ihe F￿viS￿n$ of the Trust degj. They 8re responsible for
safeguanjing the assets of the Charity hence for taking reason8bbe Step￿ tor the twevention and deledion
of fraud and ot￿r i(regulai#i&s.
Approved by order of the members of Iho of TNstees and signed on they b8hall by:
Th• Hon Mrs A E Connell
Trusteo
D41e'.
10 IL ZOL?

THE HON E W C YELD FORESTER WILL TRUST
INDEPENDENT EXAMINER% REPORT
FOR THE YEAR ENDED 6 APRL 2023
Independent Examlnef$ Report to the Trust••s ol The Hon E W C Weld Forester WIM Trust
Ilhe Charity.)
I report to the charity Trustees on my examinti￿n of the a(wJnts of the Charity for the eMl&J 5 AprH
2023.
R•$ponslbiliths and Basis of Report
As the Trustees of the Charity you are reswnsibbe lor the pftpgratM)n of the accounts in ￿￿[danCe wlih the
requirements oflhe Chanlies Aci 2011 nhe 2011 Acr).
I rekyjrt in w&￿(* of my exa￿￿na￿￿ of the Chai*ls acewrts urthr sedth 145 of the 2011 A
and in carrying out my examin8tion I h8ve fr￿1￿¢￿1 Ihe appl￿ble Direots)ns gI￿n by the Charity Ctsmmiss6on
under seLaK)n t45151(bl of the 2011 Art
Independènt Examinevs Statem•nt
Your 8ttenlion is lo the fat# tho1 the Charty has weparnd the wx4)unts In actordanc* t*lh AcfX¢unliFVJ
and Report1￿ ty Chanties.. Slalement of ReCor￿r￿ded prath￿ Appl￿b￿ to charit￿ weparing the
aeLounls ts) accordance wrth the FinAnrial RorA)rtW￿ Stand•wd ApplKabl8 in thc UK RewblK of Irelai
{FRS 1021 in p￿fefenCe to Ine Accounling and ReForimg by Charities.. Statement of Re￿nN￿endeA￿ Praclice
issued on 1 Aprf 2005 whKh is relerred lo m the extsrtt rngulal￿nS bj¢ has beèn witlwJrtr•4n.
l undefsland that this has been done in offler for the aco)unts to FKov*Je a In￿ aThJ fair in ac£offJance with
the Generalty Accepted Accounting PraclKe effecti￿ fof reportiFVJ rerK#ts beginnino on or after 1 January
2015.
I have com￿ete￿ my ex8rYMn8llon. I confimi Ihal no matters have come to my 8ttenlJon in C￿ne[l￿on with the
examinalitin giving me cause to believe that in any material respeci..
acc04Jnting ￿t￿rdS were nol kept in respe(2 of the Charity as (eouyed by seclknn 130 of the 2011 AQ.. or
the accounts do not accoryj wtlh those reCO￿s. or
the ac£o¥Jnls do not compty with the requirew*nts conCeM￿ Ihe lo￿ arlts cortenl of
8fxounts sel out in the Charties IAc£ounts a￿1 Reports) Regulat￿n$ 2fX18 other than 8ny rtquirement
Ihal the accounts give a IFUe and laif vitr* ¥**kh 15 ncrt a matter c4Ms1￿ as part of an irK1ependent
examinstion.
I have no wnLYmS h8ve conE acmss no other mattets in connedwjn with the eyarrination lo which
attention shouhl t* drawn in Ihi8 report in order lo enable a u￿le￿tAndu￿J of the a(*•)unts to be
reached.
This rep￿ L8 solely lo the Charitys Trt￿ees, as a iK*Jy, in arzo￿ance wilh Part 4 01 the Charities
(Accounts &nd Rewrt5J ReguL4tions 2008. My has been undertaken so th8t I rn￿1rt state to the ChBniy's
Trustees those rnatters 18m required to state to them in an IrMlepeTrJent ex8minef5 rerKIrt and for no other
purpose. To the fvllest exlenl pemirtted by law, I do not accept or 85surrt ￿SponS￿lIrtY to 4rryone other than
the Charity and the Charity's Trustees as a t￿y. for my or forthis report.
&gned".
rim Lunt
Datsd.. 1810112024
BA FCCA PAIRPM
WR Partners
Chartere(l Accountants
Belmont House
SIliEW51￿ry PAJsiness Park
Shrewsl)ury
Sh¥Dpthire
SY2 6LG

ThE HON E W C WELD FORESTER WILL TRUST
STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED S APRIL 2023
Total
funds
2023
Total
funds
2023
2022
Income fTlXn:
Investments
61.063
51.(1
48.627
Total income
51.063
61.063
48,627
Expenditure on..
R8i5irMJ funds
Charitable adimties
10.162
46151
10.152
46.851
11,064
37.(X78
Total èxpenditurn
57,003
67.003
48,072
Not lexpend1tw•￿ryn¢orne b•f¢x• n•t {lou•sygakn•
on inv•stments
Nel Ilossesll9ains on Mive5knents
16.940)
1162.8701
15,9401
(162.870)
555
57,269
N•t (ex￿ndI￿r￿VInc¢)fft•
(158.8101
1158,8101
57,824
Net mov•m•rt in fund•
1151.010)
(158,810)
57,824
Reconclllation of funds:
Total funds bmughl forw8r
Nel movement kn funds
1.526,486
1168,8101
1.526.486
1158.1110)
1.468,662
57,824
Total funds ¢arnied forward
1.367.676
1.367,676
1.524486
The StBlement of Finanlial AdNities fftdudes all gaSns and losses Tec4)gniwJ in the year.
The notes on paL4es 8 to 15 fonn part of Ihese financial statements.

ThE HON E W C WELD FORESIER %￿LL TRUST
BALANCE SHEET
AS AT 5 APRIL 2023
2023
2022
Fixed assets
Investments
1,341,713
1,480,971
1.341.713
1,480,971
Curr•nt assets
Cash at bank aTrJ in hand
74I0J
79.476
74.503
79.476
CreditOf5'. amounts tslling due within one
year
148,S401
(33.961)
Net ¢urrfjnt asws
4&515
Total a$￿ts less ¢urr•nt liabiliti••
1.367.676
1.526,488
Total net •*s•ts
1.367,676
1,52tl,466
Charlty funds
Unrestricted funds
10
1.367,876
1,526.486
Totsl funds
1,367,676
1,526,486
The financial StateTh￿nts We￿ 4Fvoved and aullmxised for issue by Ihe Tru4ees swJned on Iher bèhaw by:
The Hon Mrs A E conr￿11
Trustee
Dale:
The n￿e5 on p￿eS 8 10 15 form p8rt ofthe5e financaal statemerrts.

THE HON E W C WELD FORESTER WILL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 5 APRL 2023
Accounting policies
1.1 Basis of preparntititt of fiThanci•l slat•n•nts
The financial slatements have been FrybaTwJ in acco￿￿8 wilh the Ch8it*5 SORP (FRS 102) .
Accounting and Reporting by Chanties.. Slatemeni of ReC￿rr￿nded Pf8di(* awicable to charities
preparing their actounts in a(£orOance wrth the FM18n¢ial Reporting Standard apty'calAe in the UK
and RepuNic of I￿14nd {FRS 1021 (effedibt l January 20191, the Financial Rewrling StaThJar
8pplicabie in the UK and Re￿tr￿'C of Irela￿1 (FRS 102) aiKI the Charrt*s ALI 2011.
The fin8ncièl statements have been wepared lo gi* a Irue and f8¢ Wi￿ and ha* departed from
the Ch8rrt*s {Accounts and Rewrts) Regulations 2008 onty to Ihe exlenl required lo provvje 8 Inje
and fair view. This departu￿ has involved fol￿wIng the Chatities SORP IFRS 102) published in
Crtober 2019 rather Ihan the Accountw and ReKy)rtirwJ by Charii*s: Stslement of Recommended
Prac1￿& effediN* from 1 2005 which has been withdrawn.
The Hon E W C Weld Fornst8r Wll Tntsi the definilknn ol a public beneft •ntity undef FRS
102. Assets an(1 liabilities arn iniiially recc¥3nwd al hi510kn1 cosl or trnns8dlon value unlgs5
othe￿1$? stat&J in the relevant 8ccountiwJ ￿ky.
1.2 Incomè
All income is wnised onc* the Charity has ent1ven￿nI lo the inc￿￿*. it is that Ihe
Income will be recei￿ and the amount of ¥)come receiv8ble can be ￿aSured ￿kn.a￿y.
1.3 Expgnditure
Expendr(ure is reccgnLse(l once Ihere is a leg81 or conslnjdive 0￿JaIl0n lo transfer economic
benefrt to a third pgrty, it is probatle Ihai a transfer of benefits wll be required In
settlement arnl the a￿￿nI of the otilwlion can te measured rek8bty. EyThJthJfe is dassif￿1 by
acliwty. The costs of eac* acliwty are matte up of the totsl of co&s aThJ sha￿d costs,
including suprxsrt costs involved in undertakirrfj each a￿Nity. DirEci costs attributable lo a single
actiwty are allocalett diredty to Ihat actNity. Shjred costs which contribule to rThJTe Ihan one 8cti¥hty
and SUPFQrt cosls whth are not attiibutabk lo a single aclNtty are apport*Jned t¢tr￿en those
actiwties on a b8Si5 conststent with the use of resources. Cenlrnl staff ca)* art alkKated on the
b8sLS ofthne spent. aThJ dep￿￿tK)n cnaiges 8lWted on the pOrtP￿ 01 Ihe asset's use.
Expefidrtu￿ on raisiry funds inckmles 811 expendiluTe incurred by the Chanty to false funds for its
chafltable purp)ses and indudes ￿$ts of all frJrMlrai5ing aclNilies ewenls aThJ no￿¢￿allIable trading.
on ch8rit8ble arjiN*￿ is HKuffed on di￿￿￿ U￿rtaKi￿ the adi¥￿Ie5 whth further the
Ch8Tity's obiecaF¥es, 8s well as any asso(iated SUPfM)rt cos
Grants payab￿ are charged in the year the offer is maoe exi*irt in those cases where the
offer is eor¥Jr(ional. suth grants bew reco3nised as expenditu￿ when the Conditions attaching arv
fulfilled. Grants offered stsbied to condrtw)ns whth have nol trxen met at the year end are noted as
a commiiment. not accrued as eypenditure.

THE IK)N E W C y￿LD FORESTER WILL TRUST
NOTES TO THE FINANCIAL STA TEMENTS
FOR THE YEAR ENDED S APRL 2023
Accounting policies Icontinu•d)
1.4 Inveskn•nts
F￿d asset in4estrrthts are a lom) of financial llthmènt ar*J 8Te inilialty rec£¥Jnwd ai their
tr8nsactK>n cost aThJ subsequentty measured al faif value at the Balance $￿et date, unle&4 the
valtse cannot be measured reliab￿ in whKh case it is w*&su￿d al eosl less irrp8innent. Investment
gains and losses, whether ￿ alised Of unrealtsed. are combmied and presented as 'Gainsl(Losses) on
investments. in the Slalemènt ol financial actibl￿s.
1.5 Cash at b•nk and in hand
Castt al bank aThJ in hand Incl￿ cash •FwJ short-term h•3hty l¥)uid in*•Bsiments wlth a short
maturity of thtee months or knss Irom ihe date of 8¢)iuisition or openirKJ of the dgpostt or slmllar
account.
f .6 Liabllititrs and provigions
Liatiilit* ore reecgnimd whon 55 an obligatitin •t Balan￿ Uate as a r8suII Oi 8 past
event. rt Is pwbable that a Iransfer ol econom￿ benefft will be required in settbmenl, and Ihe
amount oflhe Settler￿n1 can be estimated reliabty.
Liabilities ore at the 8nM)unl that the Chanty antu"￿teS it wll pay lo settle the debt or
the amoLtnt li has 8s advanced payr￿nts tor tho goods or servth￿ 01 IYK151 pro￿t.
Provisions ale measured al the t*st estimate of Ihe an￿)unIS requi￿ to settle Ihe obligation.
Whefe the effect of Ihe lime value of money is maierial. tpte provision is b8sed on the present value
of those arNJunls. discounted 81 the pre-tax discount rale Ihat refle(Is ihe fisks speafic fo the
li8bilrty. The unwindNYJ ol the d*count is recLVliSed in the Statement of finan(aal actilrft￿s as
finance cost.
1.7 Financlal instruments
The Charily only has financi818ssets aThJ financial liabilit*s of a kind that qU811fy as bBslc Ilnancial
insirumen15. Basic financial Inst￿￿nts are initlAlly rettrfJnised at transadion vtsluo and
subsequenlty me8sured al their settlemenl value with Ihe except￿n of borAE loms whkh are
subsequemty measure(J at a￿￿tised Cost usir#J the effe(aTve inleresl
1.8 Fund accounting
General fun(Js are unrestrided furwjs T*•hich are av8Iatde for use ai ihe discret￿n of the Twustees in
lurtherarKe ol the general Ob￿￿1Ve5 of the Chaiity 8Th1 whKh nave not desonated for Other
purF4Jses.
Designated fuThds compw unreslThX&J ftJN1s th8t have tjeen sel asKle by the TThstees for
particuLgr purposes. The aim and use of each designat&l fuFwJ 15 sel out wi the notes lo finèntrAal
statements.
Investment KIC4)me. gaiFL5 and losses a￿ 8kncated to Ihe atyowiate fu￿1.

THE HON E W C WELD FORESTER ￿LL TRUST .
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Investment Income
Total
lund$
2023
Tolal
funds
2023
2022
Income trom stocks aThJ sh8res
51.1)$3
51.063
48,027
Total 2023
51.
61,0
48,627
Total 2022
48,627
48.027
Inveslmttnt managemont co
Tofal
fund¥
2023
2023
2022
Investment management fees
10.152
10,152
11,064
Total 2023
10,152
10.152
71,064
Total 2022
11,064
11.t
Anatysls of grants
Grdnts to
Individuals
2023
Total
funds
2023
Tolal
2022
Dislritjutions lo irKllvKJu81s
40.781
40.781
28, 750
Total 2023
40.781
40.781
28, 750
Total 2022
28,750
28.750

ThE HON E W C WELD FORESTER VaLL TRUST
NOTES TO THE FI•IANCIAL STA TEMENTS
FOR THE YEAR ENDED 5 APR￿ 2023
Analysis ¢f expenditsrè by aCtivit￿S
Grant
funding of
4divities
2023
Supwt
Tolal
2023
2023
2022
Chari18ble expendilure
40.781
6.070
4(851
37,CQ8
Total 2023
40,781
6,070
46.aSI
37.t
Total 2022
28. 750
8.2
37.c￿8
Analysi* of ¢upport costs
Total
Tolal
2023
2023
2022
Insur4rKe
Govem8nce costs
S87
5,503
587
562
T.096
6,070
6.070
8,258
Total 2022
8.258
8.258
Ind•￿nd•￿t examin•fs rnmur•ration
2023
2022
Fees p8yabFe lo the Charity's independent exarrmner for the iNlepeThJe
ex8minatKJn of Ihe Charity's annual accounts
Fees payable lo the Charills irthpendenl exaThiner ¥1 respe(a of..
other servus
1.416
114

ThE HON E W C bYELD FORESTER WILL TrUST
NOTES TO THE HNANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Trustees. r•muneratioTr and expensfjs
Durtng the syar. no Trustees recei4*d any rer￿ne￿11tin nr olher boneffts (2022_£hllLI.
During the ￿3T eThJed S 2023. no Trustee expenses have been w￿￿rrell (2022- £NIL).
Flxed ass•t investments
Llsted
investments
Cost or valuation
At 6 April 2022
Addilions
DisposaL8
Revalu41iuns
1.480,971
69,421
150.760)
1147.919)
Al S April 2023
1,341.713
N•t book val
Al S April 2023
1,341.713
At 5 W. 2022
1,480, 971
The investmwts are all lisied In¥est￿nts, a￿1 are hekj UK.
ernditorn: Amoun1¥ falling du• t*llhin on• year
2023
2022
Trade Crndilots
Accnjals
4Q740
1.8lXI
901
33,9fj1

THE HON E W C WELD FORESTER VIILL 1Rl￿ T
NOTES TO ThE RNANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
10. Ststement offunds
Statement of lunds- ¢urrent yur
Balafic• at 6
Awil 2022
Income Ex￿dIlure
Gain￿ Batsnc• at S
(Losstsl April 2023
I￿out
Unrestiict•d
funds
Designated
funds
DesvJnaled
Funds- all funds
1.469.907
110.152)
24,690
1152,8701 1.331.575
The des￿nated fvnd relates to the inNestrywrts hekl ty the thaiity and Ihe c¢)st of hok11￿j the
vestments.
Genèral funds
General Funds-
all bJnd$
56.579
51,0
146.8SI)
124.6901
36.101
Total
Unrgstriet•d
fuTrd$
1026A86
51.063
157.003)
1162.8701 1,367.676

THE HON E W C WELO FORESTER VIILL TrUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
10. Staiement of funds {continuedl
ststement of funds- wior year
l A￿1 2021
(Losses) 5 Aml 2022
Unrestrictsd
funds
Designat•d
funds
Deshjnated
Funds- 811 fiJnds
1,428,319
(11,064)
14.617)
57,269
1,469,907
Go￿ra1 funds
General FuThts-
all ftrnds
40.343
48,627
(37.tW)
4.617
54579
Total
Unrn$trict•d
lunds
1,468,062
48.627
(48,072)
57,269
1,526,486
11. Amlysis of a*$ets funds
Anaty¥ls of ntri a￿ts b•t￿In fvnds- curr•nt year
Totsl
funds
2023
fvnds
2023
Fixed asset investrnents
Current assets
Creditors due within one year
1.341.713
74,503
(48,540)
1,a41.713
74.503
148,540
Total
1,367,676
1.367.676

THE HON E W C YIEU) FORESTER MLL miusT
NOTES TO ThE RNANCIAL STATEMENTS
FOR THE YEAR ENDED 6 APRL 2023
11. AThaly$i$ rf net assets b•t4*8n funds leontlnwdl
Arwfysis of net assets b•h¥een lunds. prior year
fimds
2022
2022
Fixed asset investmenls
Cujyent assets
Credrtors due wilhNI one year
I,W,971
79,476
(M961)
1.480,9TI
T9,476
(33,961)
Tot•1
1.520,486
1,526.486
12. Rel￿•￿ party transactio
It (s within the naiurn of the eharrfy th81 the grnnts aw4rt1wJ lo desceThleThJ5 of the l*)n E W C Webj
FO￿ster. Any deusiofts regarding Ihe awardiTh) of of gr8nt$ 15 man8gtd through the use of the T￿s1,5
Conflicts of Inleresl tK)Iw.