REGISTERED CHARifi NUMBER.. 1138B13 è Trustsas and Unauditèd Fin nt5 for the Year En 31 March 2025 for he Hila Monahan5 Chartered Accountants Hemies House Fire Fly Avenue Swindon Imitshire SN2 2GA
The Hila Awd Charitablo Trust Fin for the Yoar Ended 31 March 2025 Pag• Raport of the Trustsgs Indewndont Examlnerfs Rèport 5tatgment of Finan¢lal Actlvities Balance Sh88t Notss to the Flnancial Ststements 7 to 14
The Hila Awd Charitabl Trust Re ort of the Trustegs for th Year Ended 31 March 2025 The trustees present their report wth the ffinanaal statements of the tharity lor the year ended 31 Mar¢h 2025. The trustees have adopted the provisions of Accounting and Reporting by Charibes". Statement of Recommended Practioy applicable to charities preparing their accounts in accorilance wih the Finanaal Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (effective 1 January 20191. OBJECTIVES AND ACTIVITIES The trust's objects are staled in lde temis and are the PUTsuiI of charitable po$e5 bthich are exdusivety charitable according lo the law of England and Wales. In practice the trust pursue5 these rJbje¢t8 by making donations lo other charitable organisations which fall wilhin its areas of interest. Grants to individua15 are not made. The trust's areas of interest are prinapally canc&r research, hospice and palliative care. rescue charities and steam railways. The Iruslees have referred lo the guidance contained in the Charity Commission's general guanCe on public benefit when reviewing the Irusl's aims and objectives and in planning and settling grant making policies. GRANT MAKING POLICY Grants are congdered by all Iruslees on a biannual basis wile having regard lo the trust's aims and objective5 and inveslmenls. When grants are approved, the Iwuslees instrucl the Soliutors lo organise the making of such grants. Once a grant has been made, the Solicitors liaise wilh the applicant lo confirm Teceipt and the application of the grant funds. A detailed register ol applications, grants and nfirMationS of receipl is maintained by Ihe Solialor5. ACHIEVEMENTS AND PERFORMANCE Charitable a¢tlvltltrs During the year lo 31 March 2025 the twst made donations lo other charitable oryanisalions of £109.250. Application5 are made in writing or via e-mail and the trustees request Ihal they are limited lo one document of not more than four sides of A4 paper. Applications are considere(l on a case4Jy-case basis and the trust wll consider applications by charitable organisalion5 that it has not Previousty supported. In prinaple all applications by charities registered in England and Wales will be considered on their merits in attordanL With the trust's are85 of interest as outlined in the objectives. FINANCIAL REVIEW The trust does not fundraise and its income is comprised wholty of income arising on the Irusl's inve51menl portfolio vthich has been ftjnded by gifts of eXpendae endovhnenl from the Irusl's founder aThJ her surwwng husband, Mr Alf Fortnam. The tfust's Investment Managers have discretionary management over the Irusl's investment portfolio and are inslm¢led lo mammise income return within the constraints of a medium risk portfolio. The trust does not hold investments in amiaments, gambling, pomography or tobacco. The Investment Managers, report for the year to 31 March 2025 shows a salisfactory perfomiance in the current econofllic climate. Al 31 March 2025. total funds We £4.132,556. INVESTMENT POUCY AND PERFORMANCE The trust ha5 an Investment poliry and the Investment Managers provide wrrtten reports reviewing investment performance against the MSCI PIMFA Private Investor Income Index. RESERVES POLICY The lolal unrestricted funds carried foTrvard as at 31 March 2025 were £56,742. The Iwstees aim lo relum to the level of grants made during the preceding financial year, feeling that the curient reserves. together Mth the expendable endowrnent fund, ore suffiaenl lo meet any unexpected grant application. PLANS FOR THE FUTURE The trust plans lo continue making grants in line wilh its objectives. Page 1
The Hila Awd Charitable Trust Re ort of the Trustees for the Yoar Endod 31 M•r¢h 2 25 STRUCTURE, GOVERNANCE AND MANAGEMENT The trust is a registered Ghanty number 1138813 and is constrtuted under a Dedaration of Tmst dated 21 September 2010. The trust was established by Mrs Hilary Fortnam by an inib"31 gift of expendable endowment funds and continued lo receive regular gift5 of expendable endowTnent from Mrs Fortnam until her death in November 2013. The tru51 was established by Mrs Fortham in her maiden name in memw of her late lather. The trust has received regular gifts of expendable endowTnent from Mr Alf Fortnam. hArs Forlnam's slng husband. New trustees are appointed by the Èxisting tntstees by way of a $0IlrtIOft passed al a special meeting as provided for under the 2010 trust deed. The trust deed provides for a minimum of three tnjstees al any lime, The Iruslees recruit new trustees hamng regard lo the new trustees, knO¥edge. skills and prewous experienc£. There is currently no formal induction or training for new Iruslees., however. new Iruslees are provided wlh a copy of the trust deed. a copy of the minutes of the la51 Iruslees. meeb'ng and a copy olthe last yearfs annual report. All deosions made by the Iruslees are wa a simkle majority as set oul in the trust deed. The Iru51ees hold meetings on a biannual basis to consider slrale9y, review grant applications and the Irusl's investments. The day-to-day adminislrabon of grants and the processing and handling of applications is carried out by the Solialors in conjunction wth the trustees.. Trustees are required lo disdose all relevant intere515 in accordance with Ihe trust's Conllict of Interests Policy and to wlhdraw frorn any discussions or deasions ere a conflicl of interests arises or could potentially arise. No Iruslee remuneration is paid. Rl$k management The Iruslees have a duty lo identify and VIeW the risks to which the trust is exposed and to ensure appropriate controls are in pla to provide reasonable assurance againsl fraud and eOr. The Iruslees act in accordance with the trust's Risk Management Policy. The trustees have considered the main risks to YA)ich the trust 1$ expoyed and consider investment perforniance to constitute the Iru51'5 major risk. Investment performance is reviewed against benchmarks twiee a year al eath trustees, meeting. A report from the trust's Investment Manager5 15 requested for consideration al each meeling. Fundrdi$ing The tTUSt does not carry out any fundraisitYJ actiwlies. REFERENCE AND ADMINISTRATIVE DETAILS Registored Charity numb8r 1138813 Principal addr955 Northgale House Northgaie Street Devize5 Wiltshire SN10 1JX Tru$tee5 A J Fortnam S E Heron S P Fortna R L Barton A L Wensley Stock Ind•pendent Examiner James Gare FCA DChA Monahans Chartered Accounlanls Hennes House Fire Fly Avenue Swndon Wiltshire SN2 2GA Page 2
The Hila Awd Charitable Trust Re ort of thè Tru5tses for thg Year Ended 31 Ma h 2025 REFERENCE AND ADMINISTRATIVE DETAILS Solicitors Wansbroughs LLP Northgate House Northgate Street Devizes Willshire SN10 1JX Inv9$1mgnt Managers auiller Cheviol Limited London Road Office Park London Road Salisbury Wi115hire SP1 3HP Bankors Lloyds Bank plc 38 Market Place Devizes Imllshire SN10 1JD Approved by order of the board of Iruslees on and signed on its behalf by.. A L Wensley Stock- Trustee Page 3
Inde ndent Examingrfs Re rt to the Trustsas of Tho Hil Awd Charitsble Trust Indop•ndent examinerf5 rDport to the tntstogs of Tho Hilary Awdry Charitable Trust I report to the charity trustees on my examination of the accounls of The Hilary Awdry Charitable Trust (the Trust) for the year ended 31 March 2025. Responsibilltlos and basis of raport As the charity trustees of the Tru51 you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 cl Act'l. I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in caryng out rny examination I have followed all applicable tirections given by Ihe Charty Commission under Section 14515llbl of the Acl. Ind&pendent examinor's statomont I have completed rny examination. I confinn Ihal no material matters have come lo my attention in connedion wth the examination giwng me cause lo believe that in any material respect.. &CUting records were not kept in respeci of the Trusl as required by Section 130 of the Act.. or the accounts do not a¢¢ord with Ih05e records., or the accounts do not comply with the applicable requ1mentS concming the form and content of accounts set OLrt in the Charits'es (Account5 and Reporlsl Regulations 2008 other than any requirement that the accoun15 give a true and fair view whith ig not a malter considered as part of an independenl examination. I have no concems and have come auoss no olher malters in conneclion wilh the examination lo whic allenlion should be drawn in this report in order lo enable a proper understanding of the accounls lo be reached. James Gare FCA DChA Monahans Chartered Accountants Hermes House Fire Fly Avenue S¥Mndon Willshire SN2 2GA Dale.. .11..Q.e.o.e.mb.er..20.25 Page 4
The Hila Awd Charita Tnt statement of F•nanclal Activities for e Year Ended 31 March 202 2025 Total funds 2024 Total runds Unrestricted fund Endowmenl fund Notes INCOME AND ENDOWMENTS FROM Investment income 110.496 110,496 95,477 EXPENOITURE ON Raising lunds 28,225 28,225 26,485 Charitabl• a¢tlvltl&y Charitable Grants 125,523 125,523 63,555 Total 125523 28,225 153,748 90,040 Nel gainslllossesl on investments 131.6581 131,6581 282 793 NET INCOMEIIEXPENDITUREI 115,0271 1159.8831 1174,9101 288,230 RECONCILIATION OF FUNDS Total funds brought forward 71,769 4,235.697 4,307,466 4,019,236 TOTAL FUNDS CARRIED FORWARD 56,742 4.075,814 4,132 556 4,307,466 The notes fomi part of these finanryal slatemenis Page 5
The Hila ritsble Tru Balance Sh•ot 1 March 2025 2025 Total funds 2024 Total fvnds Unrestricted fvnd Endowment lund Notes FIXED ASSETS Investments 3,974,810 3,974,810 4,133,933 CURRENT ASSETS Debtors Cash al bank 10 14,734 51,064 14.734 159,143 11,468 177694 108.079 65,798 108,079 173,877 189,162 CREDITORS Amounts falling due within one year 19,0561 17,0751 116,1311 115.629 NET CURRENT ASSETS 56.742 101,004 157,746 173,533 TOTAL ASSETS LESS CURRENT LIABIUTIES 56.742 4.075.814 4,132,556 4,307,466 NET ASSETS 4.075,814 4,132,556 4,307,466 FUNDS Unrestricted funds Endowment funds 12 56,742 4,075.814 71,769 4.235,697 TOTAL FUNDS 4,132,556 4.307,466 The financial statements were approved by the Board of Trustees and authorised for issue on .(Yk..l.i.l.l.X).1S.. and were signed on ils behalf by.. A L Wensley Stock- Tnjslee The notes form part of these finanaal statement5 Page 6
Hila le Trust Notes to th• Financial Statsm&nts for the Year End 31 March 2 GENERAL INFORMATION The Hilary Awdry CharilalJe Trust Is an unincorporated tharilable Irusl. The registered Offi addres5 can be found in the Trustees. Report. ACCOUNTING POLICIES Basis of pr•parlng tho financial statements The finan¢ial slalements of Ihe charity. which is a public benefit entty under FRS 102, have been prepared in accordance with the Charilies SORP {FRS 1021 'Accounting and Reporting by Charities.. Statement of Recomrnended Practice applicable to tharitie5 preparing their accounts in accordance wlh the Finanaal Reporting Standard applicable in the UK and Republic of Iland IFRS 1021 leffeciive 1 January 20191,, Financial Reporting StanL#ard 102 The Financial Reporting Stsndard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, wlh the exception of investments whith are induded al market value, as modified by the revaluation of certain assets. The financial slalemenls have been prepared to give a 'true and fair, wew and have departed from the Charitie5 (Accounts and Reports) Regulations 2008 only lo the extent required lo prowde a 'lwe and fair view,. This departure has involved followng the Accountsng and Reporting by Charities.. Statement of Recomrnended Practice applicable to charities preparing their accounts in 3rdan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has since been wlhdrawn. The financ#al statements are prepared on a going con¢em basi5, under Ihe historical cost convention, modified to include certain items at fair value. The finanaal statements are prepared in steding whith is the functional tyjencY of the charity and rounded to the nearest pound. There are no significant areas of judgements or key sourc*s of estimabon uncertainty. The Iruslees consider that there are no material UnrtaInlieS aboui the charity's ability lo continue as a going concem. The tharity 15 an unincorporated trust consts'luted by a tru$1 deed. The charity has taken advantage oflhe followrrtJ disdosure exemption in preparing these finanaal statements, as permitted by FRS 102 'The Finanaal Repofling Standard ap1¢able in Ihe UK and Republic of Ireland,: the reqU1MentS of Section 7 Statement of Cash Flows. Income All Income Is recognisell in ihe Statement of Finanual Activities once the charity has entillemenl lo the funds, il is probable that the Income wll be ceIVed and the amovnl can be measured reliably. Interest on funds held on deposit is Included when receivable and Ihe amount can be measured reliably by the charity, this is normally upon nolificaiton of the inteiest paid or payable by the bank. Dividends are recogni5ed once the dividend has been dedared and notthcation has been reiVed of the dividend due. Thi5 is nomally upon notification by our investment advisor of the dividend yield of the investment portfolio. Expenditure Liabilities are recognised as expenditure as soon as there is a legal 01 constnjctive obligation committing the charity to that expenditure. it IS PTobable that a transfer of economic benefits wll be required in settlement and the amount of the obligation can be measured lIablY. Expenditure is accounted for on an accruals basis and has been dassified under headings that agggate all cosl related lo the category. ere cos15 cannot be direcuy attributed lo particular headings they have Ien allocated to activities on a basis consistent with the use of Tesources. Grants payable are payments made lo third parties in the lurtherance of the Charitable objects of the charity. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the reLypienl a reasonable expectation that they wtll teceive the grant. Provision5 for grants are made vthen the inlenb.on lo make a grant has been communicated lo the reopienl but there is unrtainlY as to the lirning of the grant or the amount Df grant payable. The charity does ntsl make multi-year grants and all grants are unconditsonal. Page 7 conb"nued...
The Hila Awd Charitablg Trus Not8$ to the Financial Stst•mènts - continuod r Ended 31 March 2025 ACCOUNTING POLICIES- continued Tajtation The tharity is exernpl from tax on its charitaNe a¢bvrtie5. Fund accounting Unrestricted fijnds can be used in accordance wrth the ch8ri18ble objectives at discreb.on of the trustees. Restricted funds can only be used for particular restricted purposes wthin the objects of the tharity. Restrictions arise %then specified by the donor or bthen funds are raised for parCular re51ricled purposes. Further explanation of Ihe natu and purpose of each lund is induded in the notes lo the financial slalemenls. Investments Investments are a fomi of basic finantyal inslrurnent and are inilialty recognised al their transaction value and subsequenuy measured al their fair value as al the balan sheet dale using Ihe dosing quoted market price. The slalement of finanryal activilies indudes the nel gains and losses arising on revaluats'on and disposals throughout the year. The charity does not awuire put options. derivalives or other complex finanaal instruments. The main form of financial nsk faced by the charity is that of volatility in equity marf(ets and investment Markets due lo wider economic Conditi5, the attitude of investors to investment risk, and changes in sentiment conceming equities and wthin pa'cular sectors or sub sectors. Realised gains and lossès I gains and losses are taken lo the Stslemenl of Financial Acts'wlies as they arise. Realised gains and losses on investments are calculated as the drfference between sales proceeds and their opening carying value or their purchase value if acquifed subsequent to the firsl day of the finanaal year. Unrealised gains and losses are calculate(J as the difference between Ihe fair value at the year enrl and their carying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Actiwlies. Debtors Other deblors are recognised al the settlement amount dLte. Cash at bank and in hand Cash at bank and cash in hand indudes cash and short lem highty liquid inveslments with a short maturity of three months or less from the date of aequisthon or opening of the deposrt or similar account. Creditors and provislons Credilots and provisions are recognised where the tharity has a present obligation resulting from a past event thal wll probably re5uII In the transfer of ndS lo a third paty and the amount due to settle the oblig*ion can be measured or eslimaled reliably. Creditors and proS1onS are nomaly recognised at their settlement amount after allowng for any trade discoun15 due. Financial instruments The charity only ha5 financial assets and ffinanrial liabilities of a kind thal qualify as basic finanual Instruments. Basic financial insiruments are lnibal recognised al transaclion value and subsequently measured al their settlement value. INVESTMENT INCOME 2025 2024 Dividends and interest 110,496 95,477 Page 8 contsnued...
Thè Hila Awd CTr47ritabl Trust Notes to thè Financial Stat•mgnts- contlnued forthg Yr En d 31 March 2 25 RAISING FUNDS Investment managom8nt costs 2025 2024 Portfolio management 28,225 GRANTS PAYABLE 2025 2024 Charitable Grants 109,250 51.787 Page 9 conts'nued...
The Hila Awd Charitablg Trust Notes to tho Financial Stat•m•nts - continued for the Year Ended 31 March 2025 GRANTS PAYABLE - continued Grants paid to insbtutions.. 2025 2D24 Achier Cancer Support Action Medical Research Bowel Cancer UK Bowel Research UK The Children'5 Air AmbLlance Child Autism Cosgrove Care Creating Adventure Dartmouth Crossing Penny Brohn Franas House Childrens Hospice Forget me not Children5 H05pice Great Weslem Ambulance Charity St Wilfrid's Hospi Hospice in Weald Tirne Out Group Kingswood Twst Leukaemia & Myeloma Research UK Lewis Manning Hospice Care Litue Lifts Lucy Air Ambulance for Children Macmillan Canr Support The National Aulisb'c Society Nerve Tumors North London Hospice Orchid Oscars Paedialric Brain Tumor Oxford Childrens Hospital Charity Pain Relief Rowcroft Prostate Cancer UK Saint Franas Hospice Saint Michae15 Hospice Harrogate Sea Shell Trust Shooting Star Childrens Hospice South East Cancer Help Centre Space for Autism Speaking up SUSO Sl Gemmas H05PI Tiny Tims Children Hospice The Brain Tumor Charity The Bren Project The Institute of Cancer Research The Kirkwood Support Life The Royal Marsden Cancer Charity The Urology Foundation University Hospitals Bimiingham WMUK Wesl Somerset Railway Weston Hospice Care Wortdwde Cancer Research Ellenor Hospice The Mary Stevens Hospice Helen & Douglas House Leukaemia UK Claire House Children's Hospice Prospect Hospi¢e Abbys Heroes Sl Catherine'5 Hospice Young Lives v Cancer Lennox Childrens Canr Fund Theodoras Childrens Charity Proslate Cancer 1000 1000 2000 500 1500 1000 500 500 1500 2000 2000 2000 2000 1000 500 1000 1,600 1000 1000 1249 2000 1000 1000 1500 1000 1000 500 1000 1000 1500 1000 1000 1000 2000 1000 1000 1500 2500 1000 1000 1438 500 1000 1000 1000 1000 1000 500 1000 1000 1000 1000 1000 1000 1000 500 2500 1000 2000 1000 10000 2000 2000 2DOO 1000 1000 8500 10QO 2000 3000 1000 2000 1000 Page10 continued...
Thè Hila ble TTUSt Notes to the Financial Statements- continued Year Ended 31 March 2025 GRANTS PAYABLE - continued Wiltshire Air Ambulance Bowel Cancer UK Tarka Valley Railway Ovacome Breast Cantxr Now Noahs At* Hospice Tharnes Valley Ar Ambulance Jessie May Childrens H05pice al Home Joss Searchlight Joesephs Smile Oougie Mac House Tanal Valley Light Railway Cancerwise Cancer Support UK Teenage Cancer Trust The Freya Foundation Nightingale House Hospice Clatterbridge Cancer Charity Lia's Wings Myton Hospice Katherine House Hospice Thames Hospice Bimingham Children's Hospitsl Charity Isabel Hospice The Fountain Centre Rennie Grove Peace 4000 2000 2000 1000 7000 2000 2000 1000 2500 1000 2000 2500 1000 1750 1000 1500 4000 1000 1000 2000 2000 2000 2000 2000 1500 2000 109250 51787 SUPPORT COSTS Govemance costs Management Totals Charitable Grants 15,102 1,171 16,273 Support cos15, induded in ihe above, are as follows". 2025 Charitable Grants 2024 Total ctivilies Adfninistralive expense5 Accountancy and independent examination 15.102 1,171 10,276 1.492 16,273 11,768 TRUSTEES. REMUNERATION AND BENEFITS There were no Iru51ee5' remunerab.on or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees. expons•s There were no 31 March 2024. trustees. expenses paid for the year ended 31 March 2025 nor for the year ended Page11 conl'nued...
The Hila Awd Charitable Tru Notss to thg Financial Statements - continuèd for the Year Ended 31 March 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACThqTIES Unrestricted fund End0ment fund Total funds INCOME AND ENDOWMENTS FROM Investment in)Me 95,477 95,477 EXPENDITURE ON Raising funds 26,485 26,485 Charitablo a¢tivlties Charitable Grants 63,555 63,555 Totsl 63,555 26,485 90,040 Net gains on investments 282,793 282,793 NET INCOME 31,922 256.308 288,230 RECONCILIATION OF FUNDS Total funds brought forward 39,847 3,979,389 4,019,236 TOTAL FUNDS CARRIED FORWARD 4,235.697 4,307,466 FIXED ASSET INVESTMENTS Listed investments MARKET VALUE At 1 April 2024 Atjdilions Disposals Rea115ed Ilossesllgains 4,133,933 1,033,390 11,060,855) 131,6581 Al 31 March 2025 3,974,810 NET BOOK VALUE Al 31 March 2025 3,974,810 Al 31 March 2024 4,133,933 There were no investment assets outside the UK_ l investments are carried al their fair value. Investment in equ•e5 and fixed interest secJJrilies a all traded in quoted public markets. All investments have been valued by Quilter Cheviol and are based on the Bid pri as at the dose of business on the valuation ijate. A55et sales and purchases are recognised at the dale of trade 31 sl Ilhal is their transaction value). The significance of financial instruments lo the ongoing financial 5UStainability of the charity is considered in the financial review and Investment policy and perf0mian sections of the Trustees, Annual Report. The main risk lo the thaiity from finanual instruments lies in the combination of uncertain investment market5 and volatility In yield. The tharity is reliant on dividend yield in part lo finance its work. Liquidity risk is anticipated lo be low as all assets are traded. The charity's inveslmenls are traded in markets wth good liquidity and high trading volumes. The tharity ha5 no investment holdings in matkels subject lo exchange controls or trading restnclions. Page 12 continued..-
Tho Hila Awd Ch8rita Trust Notss to thg Financial Stat•ments- continuèd for th Year Ended 31 Mar 25 FIXED ASSET INVESTMENTS - continued The charity manages these investmelll risks by retaining expert advisors and operating an inveslmenl policy that provides for a high degree of diversification of holdings V4ithin investment asset dasses that are quoted on recognised slodr exchanges. The Trust does not make use of derivatives and similar complex finanoal inslruments as it takes the view that investments are held for their longer term yield total retum and historic studies of quoted financial. 10. DEBTORS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR 2025 2024 other debtor Accrued income 91 14.643 91 11,377 11,468 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other creditors 16,131 15,629 MOVEMENT IN FUNDS Nel movement in funds Al 31.3.25 Al 1.4.24 Unr¢$tricted funds General fund 71,769 115,0271 56,742 Endowment funds Endowment 4,235,697 1159,8831 4.075,814 TOTAL FUNDS 4.307.466 174.9101 4,132,556 Net movement in funds, induded in the above are as follows.. Incoming resoUrS Re50ureEs expended Gains and losses Movement In lunds Unrèstricted funds General fund 110.496 (125.5231 115,0271 Endowment funds Endowment 128,2251 1131,6581 1159.8831 TOTAL FUNDS 110,496 153.7481 131,6581 174,9101 Page 13 continued...
The Hila Charitable Tru Note5 to the Financial Statsments- continued f rthe Year Ended 31 March 2025 12. MOVEMENT IN FUNDS - continued Comparative$ for movement in fund5 Net movement in funds Al 1.4.23 31.3.24 Unr•strictsd funds General fund 39,847 31,922 71.769 Endowmgnt lunds Endowment 3,979,389 256,308 4.235.697 TOTAL FUNDS 4,019,236 288 230 4,307,466 Comparative nel movement in fijnds. induded in the above are as follows.. Incoming resources Resources expended Gains and 105ses Movement in funds Unrestricted funds General fund 95,477 163.5551 31,922 Endowmont funds Endowment 126,4851 282,793 256.308 TOTAL FUNDS 95,477 90,0401 282 793 288,230 RELATED PARTY DISCLOSURES During the year the ¢harity in¢u(red fees of £15,102 12024 - £14,802) from Wansbroughs LLP in respect of admini51ralive seNces prOVed to the tharily. Al the balan sheel dale £7,50012024.' £7,200) was payable and is induded in other L¥edilor5. Anna Wensley Slock is a trustee of the charty and a partner al Vvansbroughs LLP There We no other related party transactions during the year nor the prior year. Page 14