2023-09-30-accounts - The Friends Of The Whitworth Art Gallery

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			Page
Report ofthe Trustees		1	to	5
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		9	to	13

						30.9.23	30.9.22
				COIF
			General	Investment	Restricted	Total	Total
		Notes	fund 5	Fund	funds	funds 5	fundsf
INCOME AND ENDOWMENTS
FROM
Donations and legacies			23,286			23,286	13,997
Other trading activities Other income			12,776 2,977		192 56	12,968 3,033	8,228 2,726
Total			39,039		248	39,287	24,951
EXPENDITURE ON
Raising funds							2,906
Charitable activities
Donation to Whitworth	Art
Gallery Trading cost ofsales			37,500 7,164			37,500 7,164	2,000 1,773
Other			4,605			4,605	4,180
Total			49,269			49,269	10,859
Net gains/(losses) on
investments				6,112		6,112	(10,659)
NET INCOME/(EXPENDITURE) Transfers between funds		10	(10,230) 269	6,112	248 (269)	(3,870)	3,433
Net movement in funds			(9,961)	6,112	(21)	(3,870)	3,433
RECONCILIATION OF	FUNDS
Total funds brought forward			43,290	106,312	21	149,623	146,190
TOTAL FUNDS CARRIED
FORWARD			33,329	112,424		145,753	149,623

		Balance Sheet	Balance Sheet	Balance Sheet	Balance Sheet
		DDDS	It	3	2D23
							30.9.23	30.9.22
				COIF
		General		Investment		Restncted	Total	Total
FIXEDASSETS	Notes	fundf			Fund f	funds f	funds f	fundsf
Investments				112,424			112,424	106,312
CURRENT ASSETS
Debtors Cash at bank	8	2,363 32,829					2,363 32,829	2,212 44,264
		35,192					35,192	46,476
CREDITORS
Amounts falling due within one
year	9	(1,863)					(1,863)	(3,165)
NET CURRENT ASSETS		33,329					33,329	43,311
TOTAL ASSETS LESS
CURRENT LIABILITIES		33,329		112,424			145,753	149,623
NET ASSETS		33,329		112,424			145,753	149,623
FUNDS	10
Unrestricted funds Restricted funds							145,753	149,602
								21
TOTALFUNDS							145,753	149,623

Donations		30.9.23 f	30.9.22
Subscriptions Income tax refunds		10,903 10,020 2,363	1,694 10,091 2,212
		23,286	13,997
OTHER TRADING	ACTIVITIES
		30.9.23	30.9.22
Fundraising events Trading sales		11,478 1,490	6,863 1,365
		12,968	8,228
RAISING FUNDS
Raising donations	and legacies
Events & activities		30.9.23 6	30.9.22 f
			2,906

				COIF
INCOME AND ENDOWMENTS		FROM	General fund	Investment Fund	Restricted funds f	Total funds 8
Donations and legacies			13,997			13,997
Other trading activities Other income Total			8,228 2,726			8,228 2,726
			24,951			24,951
EXPENDITURE ON
Raising funds Charitable activities			2,906			2,906
Donation to Whitworth Trading cost ofsales Other	Art Gallery		2,000 1,773			2,000 1,773
Total			4,180			4,180
			10,859			10,859
Net gains/(losses) on investments
				(10,659)		(10,659)
NET INCOME/(EXPENDITURE)			14,092	(10,659)		3,433

					Notes to the Financial Statements -continued For The Year Ended 30Se tember 2023	Notes to the Financial Statements -continued For The Year Ended 30Se tember 2023	Notes to the Financial Statements -continued For The Year Ended 30Se tember 2023	Notes to the Financial Statements -continued For The Year Ended 30Se tember 2023
	COMPARATIVES		FOR		THE STATEMENT OF FINANCIAL ACTIVITIES -continued
							COIF
						General	Investment	Restricted	Total
	Transfers between		funds			fund 6 (20,000)	Fund f 20,000	funds 6	funds
						(5,908)	9,341		3,433
	RECONCILIATION		OF		FUNDS
	Total funds brought		forward			49,198	96,971	21	146,190
	TOTAL FUNDS	CARRIED FORWARD				43,290	106,312	21	149,623
	FIXEDASSET INVESTMENTS
									Unlisted
									investments
	MARKET VALUE								6
	At 1 October 2022
	Revaluations								106,312
									6,112
	At 30September	2023
									112,424
	NET BOOK VALUE
	At 30September	2023
									112,424
	At 30September	2022
									106,312
	There were no investment				assets outside the UK.
	Cost or valuation	at 30		September 2023 is represented		by:
									Unlisted
	Valuation in 2022								investments f
	Valuation in 2021								9,341
	Valuation in 2020								12,753
	Valuation in 2019								9,654
	Valuation in 2018								24,564
	Valuation in 2023								50,000
									6,112
									112,424
8.	DEBTORS:AMOUNTS			FALLING DUE WITHIN ONE YEAR
								30.9.23	30.9.22
	GIR aid								6
								2,363	2,212

	CREDITORS: A		OUNT	S F	ALL	ING DUE WITHIN ONE YEAR
								30.9.23	30.9.22
	Deferred income Accrued expenses							6 513 1,350	1,893 1,272
								1,863	3,165
10.	MOVEMENT IN	FUNDS
							Net	Transfers
	Unrestricted funds					At 1.10.22	movement in funds 9	between funds f	At 30.9.23 5
	General fund COIF Investment		Fund			43,290 106,312	(10,230) 6,112	269	33,329 112,424
	Restricted funds					149,602	(4,118)	269	145,753
	Rodewald Fund					21	248	(269)
	TOTAL FUNDS					149,623	(3,870)		145,753
	Net movement in	funds,		included		in the above are as follows:
						Incoming	Resources	Gains and	Movement
						resources	expended	losses	in funds
	Unrestricted funds					F	8	8	f
	General fund COIF Investment	Fund				39,039	(49,269)	6,112	(10,230) 6,112
	Restricted funds					39,039	(49,269)	6,112	(4,118)
	Rodewald Fund					248			248
	TOTAL FUNDS					39,287	(49,269)	6,112	(3,870)
	Comparatives for		movement		in	funds
							Net	Transfers
	Unrestricted funds					At 1.10.21 8	movement in funds	between funds F	At 30.9.22 6
	General fund COIF Investment Fund					49,198 96,971	14,092 (10,659)	(20,000) 20,000	43,290 106,312
	Restricted funds Rodewald Fund					146,169 21	3,433		149,602
									21
	TOTAL FUNDS					146,190	3,433		149,623

Comparative net	moveme	nt in funds, included in the above ar	e as follows:	e as follows:
		Incoming	Resources		Gains and	Movement
		resources 8	expended f		losses E	in funds 8
Unrestricted funds
General fund COIF Investment	Fund	24,951		(10,859)	(10,659)	14,092 (10,659)
		24,951		(10,859)	(10,659)	3,433
TOTAL FUNDS		24,951	(10,859)		(10,659)	3,433
A current year 12	months	and prior year 12months combined	position	is as follows:
				Net	Transfers
		At	movement		between	At
Unrestricted funds		1.10.21 E	in funds f		funds F	30.9.23 f
General fund COIF Investment	Fund	49,198 96,971		3,862 (4,547)	(19,731) 20,000	33,329 112,424
Restricted funds		146,169		(685)	269	145,753
Rodewald Fund		21		248	(269)
TOTAL FUNDS		146,190		(437)		145,753

A current year 12 months as follows:	A current year 12 months as follows:	combined	net movement	in funds,	included	in the above
		Incoming	Resources	Gains and		Movement
		resources	expended		losses	in funds
Unrestricted funds			F			f
General fund COIF Investment	Fund	63,990	(60,128)		(4,547)	3,862 (4,547)
Restricted funds		63,990	(60,128)		(4,547)	(685)
Rodewald Fund		248				248
TOTAL FUNDS		64,238	(60,128)		(4,547)	(437)