Charity number: 1162881
Vernon Robert Bowmer Charitable Trust Trustees' report and financial statements for the year ended 5th February 2025
Vernon Robert Bowmer Charitable Trust
Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees report | 2 - 3 |
| Auditors' report to the trustees | 4 - 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Cash flow statement | 9 |
| Notes to the financial statements | 10 - 16 |
Vernon Robert Bowmer Charitable Trust
Legal and administrative information
| Charity number | 1162881 | |
|---|---|---|
| Registered office | Shacklocks Solicitors | |
| Principal office | 25 Chapel Street | |
| Belper | ||
| Derbyshire | ||
| DE56 1AR | ||
| Trustees | Marion Elizabeth Vesey | |
| Cassandra Lillian Worton | ||
| Benjamin Joshua Edwards | (Appointed 6 August 2024) | |
| Auditors | Adkin Sinclair LLP | |
| Sterling House | ||
| 32 St John Street | ||
| Mansfield | ||
| Nottinghamshire | ||
| NG18 1QJ | ||
| Solicitors | Shacklocks LLP | |
| St Peters House | ||
| Bridge Street | ||
| Mansfield | ||
| Nottinghamshire | ||
| NG18 1AL |
Page 1
Vernon Robert Bowmer Charitable Trust
Report of the trustees for the year ended 5th February 2025
The trustees present their report and the financial statements for the year ended 5th February 2025. The trustees who served during the year and up to the date of this report are set out on page 1.
Reference and administration details
Our charity is known as the Vernon Robert Bowmer Charitable Trust, registered charity number 1162881. Our administrative office address is 25 Chapel Street, Belper Derbyshire DE56 1AR.
Objectives and activities
Objects and Aims
The objects of the charity are to support residents of Derbyshire and its charitable organisations, educational establishments, churches, community groups for the public benefit with the objective of improving the conditions of life for residents of Derbyshire.
Public benefit
The charity's activities are designed to meet its objectives and we review our objectives and plan each year. This review helps us to remain focused on our stated purposes and enables us to look at the key areas of our activities to ensure we have delivered to the individuals and groups we aim to support.
All our charitable work is undertaken to further our charitable purposes and the trustees confirm that they have due regard to the guidance published by the Charity Commission on public benefit. Our work is supported by appropriate policies, procedures, guidelines and governance documentation.
Achievements and performance
Financial review
During the year ended 5th February 2025 the charity recieved income of £443,343 and incurred expenditure of £497,182. Overall this year there was a deficit of £53,839.
Reserves and investment policy
Unrestricted funds amounted to £6,940,777 at the year end, of which £6,937,083 is represented by investment funds.
Grants
During the year the charity awarded grants amounting to £98,609 toward supporting Education and Health, £87,577 supporting sports and £115,557 towards supporting other local groups.
Structure, governance and management
Nature of Governing Document
The Charity is a charitable trust, constituted by trust deed created on 19 February 2015 as amended on 27 February 2017 and it is a registered charity (number 1162881). The trustees who have served during the period are set out on page 1.
Recruitment and Appointment of Trustees
New trustees attend an induction. This includes information on Vernon Robert Bowmer Charitable Trust and other relevant documents e.g. constitution, accounts and minutes of trustee meetings.
Page 2
Vernon Robert Bowmer Charitable Trust
Report of the trustees for the year ended 5th February 2025
Statement as to disclosure of information to auditors
We, the trustees of the charity who held office at the date of approval of these Financial Statements as set out above each confirm, in so far as the trustees are aware:
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there is no relevant audit information of which the charity's auditors are unaware; and
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we have taken all the steps that we ought to have taken as trustees to make ourselves aware of any relevant audit information and to establish that the charity's auditors are aware of that information.
Statement of trustees' responsibilities
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP 2019 (FRS 102);
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board
Cassandra Lillian Worton Trustee
27th November 2025
Page 3
Vernon Robert Bowmer Charitable Trust
Independent auditor's report to the trustees of Vernon Robert Bowmer Charitable Trust for the year ended 5th February 2025
Opinion
We have audited the financial statements of Vernon Robert Bowmer Charitable Trust (the "charity") for the year ended 5th February 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
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give a true and fair view of the state of the charity's affairs as at 5 February 2024, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the trustees annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Page 4
Vernon Robert Bowmer Charitable Trust
Independent auditor's report to the trustees of Vernon Robert Bowmer Charitable Trust for the year ended 5th February 2025
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
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adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
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the financial statements are not in agreement with the accounting records and returns; or
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certain disclosures of directors' remuneration specified by law are not made; or
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we have not received all the information and explanations we require for our audit
Responsibilities of Trustees
As explained more fully in the trustees' responsibilities statement [set out on page 3], the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that act.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Extent to which the audit was considered capable of detecting irregularities, including fraud
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, we considered the following:
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We obtained an understanding of laws and regulations that affect the charity, focusing on those that had a direct effect on the financial statements or that had a fundamental effect on its operations. Key laws and regulations that we identified included the Charities Act 2011, Charities (Accounts and Reports) regulations 2008.
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We enquired of the trustees, reviewed correspondence with HMRC and reviewed trustees meeting minutes for evidence of non-compliance with relevant laws and regulations. We also reviewed controls the trustees have in place to ensure compliance.
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We gained an understanding of the controls that the trustees have in place to prevent and detect fraud. We enquired about any incidences of fraud that had taken place during the accounting period.
Page 5
Vernon Robert Bowmer Charitable Trust
Independent auditor's report to the trustees of Vernon Robert Bowmer Charitable Trust for the year ended 5th February 2025
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The risk of fraud and non-compliance with laws and regulations and fraud was discussed within the audit team and tests were planned and performed to address these risks. We identified the potential for fraud in the following areas: misappropriation of cash and other assets.
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We reviewed financial statement disclosures and tested to supporting documentation to assess compliance with relevant laws and regulations discussed above.
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We enquired of the trustees about actual and potential litigation and claims.
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In addressing the risk of fraud due to management override of internal controls we tested the appropriateness of journal entries and assessed whether the judgements made in making accounting estimates were indicative of a potential bias.
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We performed analytical procedures to identify any unusual or unexpected relationships that might indicate risk of material misstatement due to fraud.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting Council's website at: https://www.frc.org.uk/Our-Work/Audit/Audit-and-assurance/Standards-and-guidance/Standards-and-guidancefor-auditors/Auditors-responsibilities-for-audit/Description-of-auditors-responsibilities-for-audit.aspx.This description forms part of our auditor's report.
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Christopher Adkin F.C.A. (Senior Statutory Auditor)
For and on behalf of Adkin Sinclair LLP Chartered Accountants and Statutory Auditors Sterling House 32 St John Street Mansfield Nottinghamshire NG18 1QJ
27th November 2025
Page 6
Vernon Robert Bowmer Charitable Trust
Statement of financial activities
For the year ended 5th February 2025
| Unrestricted funds Notes £ Income from: Investments 2 441,217 Incoming resources from charitable activities 3 2,126 Total income 443,343 Expenditure on: Costs of generating funds: Investment management costs 4 75,821 Charitable activities 5 421,361 Total expenditure 497,182 Net movement in funds ) (53,839 Total funds brought forward 6,994,616 Total funds carried forward 6,940,777 |
2025 Total £ 441,217 2,126 443,343 75,821 421,361 497,182 ) (53,839 6,994,616 6,940,777 |
2024 Total £ 558,113 5,807 |
|---|---|---|
| 563,920 | ||
| 1,529 158,329 |
||
| 159,858 | ||
| 404,062 6,590,554 |
||
| 6,994,616 |
The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
The notes on pages 10 to 16 form an integral part of these financial statements.
Page 7
Vernon Robert Bowmer Charitable Trust
Balance sheet As at 5th February 2025
| Notes Fixed assets Investments 8 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 9 Net current assets Net assets Funds 10 Unrestricted income funds Total funds |
£ 5,854 5,854 ) (2,160 |
2025 £ 6,937,083 3,694 6,940,777 6,940,777 6,940,777 |
£ 5,585 5,585 - |
2024 £ 6,989,031 5,585 |
|---|---|---|---|---|
| 6,994,616 | ||||
| 6,994,616 | ||||
| 6,994,616 |
The financial statements were approved by the board of trustees on 27th November 2025 and signed on its behalf by
Cassandra Lillian Worton Trustee
The notes on pages 10 to 16 form an integral part of these financial statements.
Page 8
Vernon Robert Bowmer Charitable Trust
Cash flow statement
for the year ended 5th February 2025
| Notes Net (outgoing)/incoming resources for the year Fair value gains/losses on investments Income from investments Interest receivable Increase/(Decrease) in creditors Net cash outflow from operating activities Returns on investments and servicing of finance 12 Capital expenditure and financial investment 12 Increase/(Decrease) in cash in the year Reconciliation of net cash flow to movement in net funds 13 Increase/(Decrease) in cash in the year Net funds at 6th February 2024 Net funds at 5th February 2025 |
2025 £ ) (53,839 ) (384,352 ) (438,191 ) (47,272 ) (9,593 2,160 ) (492,896 56,865 436,302 271 271 5,585 5,856 |
2024 £ 404,062 ) (320,172 83,890 ) (232,686 ) (5,255 - ) (154,051 237,941 ) (85,792 ) (1,902 ) (1,902 7,487 5,585 |
|---|---|---|
Page 9
Vernon Robert Bowmer Charitable Trust
Notes to the financial statements For the year ended 5th February 2025
1. Summary of significant accounting policies
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice.
The principal accounting policies applied in the preparation of these financial statements are set out below. The accounting policies have been applied consistently throughout the year and the preceding year.
1.1. Basis of accounting
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity.
1.2. Fund accounting
Funds held by the charity are either:
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Unrestricted funds - these are funds which are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
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Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.
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Restricted funds - these are funds which can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or where funds are raised for particular restricted purposes.
Transfers between funds:
Where permitted, the release of restricted funds to unrestricted general or designated funds may be made at the conclusion of a restricted activity. General unrestricted funds may be transferred at the discretion of the trustees to assist in supporting a particular activity.
Page 10
Vernon Robert Bowmer Charitable Trust
Notes to the financial statements For the year ended 5th February 2025
1.3. Income recognition
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Investment income
Investment income is included when receivable.
1.4. Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include costs associated with meeting the constitutional and statutory requirements of the charity and include the accounts examination fees and costs linked to the strategic management of the charity.
1.5. Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in the statement of financial activities.
Page 11
Vernon Robert Bowmer Charitable Trust
Notes to the financial statements For the year ended 5th February 2025
1.6. Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
2. Income from investments
| Unrestricted funds £ Income from UK listed investments 47,272 Other interest receivable 9,593 Fair value gains/losses on UK listed investments 384,352 441,217 |
2025 Total £ 47,272 9,593 384,352 441,217 |
2024 Total £ 232,686 5,255 320,172 |
|---|---|---|
| 558,113 |
Income from Investments was £441,217 (2024 - £558,113) of which £- (2024 - £-) was attributable to restricted funds.
Page 12
Vernon Robert Bowmer Charitable Trust
Notes to the financial statements For the year ended 5th February 2025
| 3. Incoming resources from charitable activities Unrestricted funds £ Other income from charitable activities 2,126 2,126 4. Investment management costs Unrestricted funds £ Investment management fees 75,821 75,821 5. Expenditure on charitable activities Unrestricted funds £ Direct costs: Grants 301,743 Legal and professional 117,458 419,201 Governance costs (note 6) 2,160 Total 421,361 |
2025 Total £ 2,126 2,126 2025 Total £ 75,821 75,821 2025 Total £ 301,743 117,458 419,201 2,160 421,361 |
2024 Total £ 5,807 |
|---|---|---|
| 5,807 | ||
| 2024 Total £ 1,529 |
||
| 1,529 | ||
| 2024 Total £ 104,938 53,391 |
||
| 158,329 - |
||
| 158,329 |
Expenditure on direct charitable activities was £419,201 (2024 - £158,329) of which £- (2024 - £-) was attributable to restricted funds.
Expenditure on governance costs, was £2,160 (2024 - £-) of which £- (2024 - £-) was attributable to restricted funds.
Page 13
Vernon Robert Bowmer Charitable Trust
Notes to the financial statements For the year ended 5th February 2025
6. Governance costs
| Unrestricted funds £ Professional - Auditor remuneration 2,160 2,160 |
2025 Total £ 2,160 2,160 |
2024 Total £ - - |
|---|---|---|
7. Trustees
Employment costs
No salaries or wages have been paid to the trustees. Expenses of £Nil (2024: £Nil) were reimbursed.
Number of trustees
The average monthly numbers of trustees during the year, calculated on the basis of full time equivalents, was as follows:
| 2025 Number Trustees 3 8. Fixed asset investments Listed investments £ Valuation At 6th February 2024 6,989,033 Additions 58,549 Disposals ) (494,851 Fair value adjustment 384,352 At 5th February 2025 6,937,083 |
2024 Number 3 Total £ 6,989,033 58,549 ) (494,851 384,352 6,937,083 |
|---|---|
All fixed asset investments are held within the United Kingdom.
Page 14
Vernon Robert Bowmer Charitable Trust
Notes to the financial statements For the year ended 5th February 2025
| 9. | Creditors: amounts falling due | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| within one year | 2025 | 2024 | ||||||||
| £ | £ | |||||||||
| Other creditors and accruals | 2,160 | - | ||||||||
| 10. | Analysis of net assets between funds | |||||||||
| Unrestricted | Total | |||||||||
| funds | funds | |||||||||
| £ | £ | |||||||||
| Fund balances at 5th February 2025 as represented by: | ||||||||||
| Investment assets | 6,937,083 | 6,937,083 | ||||||||
| Current assets | 5,854 | 5,854 | ||||||||
| Current liabilities | ) (2,160 |
) (2,160 |
||||||||
| 6,940,777 | 6,940,777 | |||||||||
| 11. | Unrestricted funds | At | At | |||||||
| 6 | February | Incoming | Outgoing | 5 February | ||||||
| **2024 ** | **resources ** | resources | 2025 | |||||||
| £ | £ | £ | £ | |||||||
| Unrestricted funds | 6,994,616 | 443,343 | ) (497,182 |
6,940,777 | ||||||
| 12. | Gross cash flows | |||||||||
| 2025 | 2024 | |||||||||
| £ | £ | |||||||||
| Returns on investments and servicing of finance | ||||||||||
| Income from UK listed investments | 47,272 | 232,686 | ||||||||
| Interest received | 9,593 | 5,255 | ||||||||
| 56,865 | 237,941 | |||||||||
| Capital expenditure and financial investment | ||||||||||
| Payments to acquire investments | ) (58,549 |
) (242,690 |
||||||||
| Receipts from sales of investments | 494,851 | 156,898 | ||||||||
| 436,302 | ) (85,792 |
Page 15
Vernon Robert Bowmer Charitable Trust
Notes to the financial statements For the year ended 5th February 2025
| 13. Analysis of changes in net funds Cash at bank and in hand Net funds |
Opening balance £ 5,585 5,585 |
Cash flows £ 269 269 |
Closing balance £ 5,854 |
|---|---|---|---|
| 5,854 |
Page 16