DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 ## **Frank Longford Charitable Trust** **Charity No. 1164701** **Company No. CE005790** **Trustees' Report and Unaudited Accounts** **31 December 2022** DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust Contents** ||Pages| |---|---| |Trustees' Annual Report|2 - 5| |Independent Examiner's Report|6| |Statement of Financial Activities|7| |Summary Income and Expenditure Account|8| |Balance Sheet|9| |Notes to the Accounts|10 - 15| |Detailed Statement of Financial Activities|16 -17| Page 1 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust** ## **Trustees Annual Report** The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2022. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Company No. CE005790** ## **Charity No. 1164701** ## **Registered Office** 42 Callott Road London NW6 7EA ## **Directors and Trustees** The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year: Hannah Billington Lady Rachel Billington Coralyn Burge Alexander Fletcher Victoria Greenwood Pawel Kisielewski (from 8 February 2022) Tom Pakenham (Chair) John Podmore Imran Shaukat Jonathan Snow ## **Accountants** 1 Accounts Online Limited Rubine House Manor Rd Haverhill CB9 0EP ## **OBJECTIVES AND ACTIVITIES** 1) To advance the rehabilitation in society of persons suffering or who have suffered a legal restriction on their liberty in any penal or correctional establishment by educating the public (but only in such manner and by such means as shall not prevent the CIO from being a charity) in the sciences of penology and criminology, social health and in the welfare and constructive treatment of such persons and the families of such persons. 2) The relief of poverty sickness and distress and the preservation and protection of health of persons suffering or who have suffered a legal restriction on their liberty in any penal or correctional establishment and the advancement of education and training of such persons. Page 2 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust** **Trustees Annual Report** The trust has three principal programmes of work: its annual Longford Lecture on a subject of social or penal reform; its annual Longford Prize, given to an individual doing exceptional work in the field of prison reform, as well as its annual Kevin Pakenham Award, in memory of its founding chairman, which celebrates the achievement of public figures who have done most in the previous 12 months to promote the cause of prison reform on the national agenda; and the Longford scholarship programme, which gives financial, mentoring and employability support to young serving and ex-prisoners who wish to continue their rehabilitation by studying for degrees and UK higher education institutions, including the Open University. ## **ACHIEVEMENTS AND PERFORMANCE** 2022 was a year of significant achievement in the trust’s three founding core projects: - its scholarship programme which supports young serving and ex-prisoners to continue their rehabilitation by going on to study at university and to proceed to degree-level careers; - its annual Longford Lecture which promotes public debate and discussion on issues around prison reform; and - its Longford Prize which recognises and celebrates outstanding work by individuals and organisations in pursuit of prison reform. The early summer of 2022 saw 14 current Longford Scholars (all of whom had managed to keep their studies going through the difficult days of the Covid lockdown) graduate, more than half with a First or a Distinction. Thanks in part to our new Employability Project, where we work with like-minded employers committed to giving ex-prisoners second chances, all 14 have now either gone on to degree-level jobs or have opted to do further study at post-graduate level. As the summer moved forward, we offered 26 new Longford Scholarship awards to begin in September, which means - including current award-holders in their second, third and sometimes fourth years of university – that this academic year we have been working with a cohort of 70 young men and women at universities all around the country, including Scotland, Wales and Northern Ireland. This represents a welcome upturn as Covid, lockdown and the restrictions that followed had seen our new Longford Scholarship awards drop to 18 in 2020 and 21 in 2021. In and two rounds in January and September 2022, we made a total of 18 new Frank Awards to support serving prisoners with some time still to serve who are keen to get going on degree-level learning with the Open University via one of its distance-learning modules, but are unable to access the required funding from any other source. If we add together our 70 Longford Scholars with our 18 Frank Award holders, our current cohort is close to 90. We pair each Longford Scholar (and, where possible in co-operation with the prison authorities, each Frank Award holder) with a trained volunteer mentor to work with them one-to-one and face-to-face throughout their degree studies. Each year we ask an independent evaluator to contact a random sample group of past and present scholars and mentors for us to get their responses on how well they feel this area of the trust’s programme is operating. In the summer 2022 evaluation report, 57% of mentees (ie scholars) found their mentor “extremely useful” and 43% “very useful”. Page 3 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust** ## **Trustees Annual Report** We were pleased in 2022 to improve on our overall outcomes’ figures. Of the almost 500 young serving and ex-prisoners we have worked with over the years (we started very small, with just 3 Longford Scholarship awards per year and built up slowly so we made sure we knew what we were doing) we have maintained and slightly improved a position where 80 per cent of our Longford Scholars graduate, get graduate jobs and go forward in their lives. Just 4 per cent end up back in prison – as against a national return to prison rate with in 12 months of between 45 and 78% per cent (depending on age and length of sentence). In other words, our programme works and creates role models of success for other young men and women in prison, for universities, for employers and for a public that is still sometimes wary of the reality of rehabilitation. Our Longford Lecture in November 22 at Church House, Westminster, was fully booked weeks before the event. A capacity audience of 650 people, as well as all those prisoners listening to a live broadcast of the event in their cells via National Prison Radio, heard the Venerable Mina Smallman talk about her experiences as both a victim of crime (her two daughters, Nicole and Bibaa were murdered in 2020 in a north London park) and as a prison chaplain. The event was chaired by the news anchor Jon Snow, and also featured the announcement of our annual Longford Prize and Kevin Pakenham Awards (the latter to the businessman James Timpson). There was also an on-stage presentation on our Employability project by one of our scholars who now has a degree-level job with a big data firm in London. As a result of the presentation, three more employers have now signed up with us to offer internships and work placements to our Longford Scholars. In terms of the financial picture included in this annual report, we have been fortunate our supporters have stuck with us in the testing economic climate caused by first Covid and now the cost-of-living crisis. Income stood at £417,080, bettered only by our 2021 figures in our 20-year history. Our expenditure came to £384,173, of which £297,664 was spent directly on the scholarship programme. In 2021 we established an endowment fund. An additional £18,128 has been received towards that fund in 2022. It now stands at £158,122 to guarantee the long-term future of the work we do and has been invested by a sub-committee of our trustee board with significant financial and investment experience. During 2022 a number of donors made significant pledges in the form of Gifts in their Wills to bolster the Endowment Fund further. ## **PLANS FOR FUTURE PERIODS** As part of our work in promoting opportunities in the graduate workforce for those with lived experience of prison, we are also conscious of our own responsibility as a trust to provide similar opportunities to our scholars. Our team at the end of 2022 was made up of five part-time posts. One of the team has lived experience. In early 2023, we will expand the team to seven, of whom three will have lived experience. All team members work part-time for the trust, alongside paid role with other employers, and do so on a consultancy basis to reflect that. Page 4 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 ## **Frank Longford Charitable Trust** ## **Trustees Annual Report** Going forward we are aiming to raise the number of new Longford Scholarship awards we make each year to 30 in the short term and ultimately towards around 100. In growing numbers on our proven programme, we are taking a variety of approaches, including closer working with the probation service, strengthening ties with prison education departments, and advertising in the prison newspaper, Inside Time, for both Longford Scholarships and Frank Awards. We are also appointing our first Development Manager, tasked with rebuilding and improving on our pre-Covid programme of visits to prison education departments, accompanied whenever possible by one of successful Longford Scholars as a role model for those who come to listen. The successful candidate will also co-ordinate our links with probation, prison education providers and other charities working with prisoners on employment. We are also exploring partnerships with organisations that go into prisons to deliver programmes that raise awareness of the benefits of higher education and give serving prisoners confidence in their own academic ability and in their potential to thrive on a degree course. Several discussions are underway and we believe that they point the way to an effective means of raising aspiration among serving prisoners and hence increasing the numbers and reach of the Longford Scholarships’ programme. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102). Signed on behalf of the board Tom Pakenham Chair 30 August 2023 Page 5 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust Independent Examiners Report** ## **Independent Examiner's Report to the trustees of Frank Longford Charitable Trust** I report to the charity trustees on my examination of the financial statements of Frank Longford Charitable Trust for the year ended 31 December 2022 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes. ## **Responsibilities and basis of report** As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of AAT. I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that: - accounting records were not kept in accordance with section 386 of the 2006 Act ; or - the financial statements do not accord with those records; or - the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or - the financial statements have not been prepared in accordance with the Charities SORP (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Paul Donno AAT 1 Accounts Online Limited Rubine House Manor Rd Haverhill CB9 0EP 30 August 2023 Page 6 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust Statement of Financial Activities** ## **for the year ended 31 December 2022** |||**Unrestricted**||**Restricted**||**Endowment**|**Total**|| |---|---|---|---|---|---|---|---|---| |||**funds**||**funds**||**funds**|**funds**|**Total funds**| |||**2022**||**2022**||**2022**|**2022**|**2021**| ||**Notes**|**£**||**£**||**£**|**£**|**£**| |**Income and endowments**||||||||| |**from:**||||||||| |Donations and legacies|4|-||290,898||18,128|309,026|354,809| |Charitable activities|5|107,244||-||-|107,244|78,016| |Investments|6|810||-||-|810|180| |**Total**||108,054||290,898||18,128|417,080|433,005| |**Expenditure on:**||||||||| |Raising funds|7|38,624||-||-|38,624|24,428| |Charitable activities|8|46,964||297,664||-|344,628|276,478| |Other|10|921||-||-|921|892| |**Total**||86,509||297,664||-|384,173|301,798| |Net gains on investments||-||-||-|-|-| |**Net income**||21,545||(6,766)||18,128|32,907|131,207| |Transfers between funds||-||-||-|-|-| |**Net income before other**
**gains/(losses)**||21,545||(6,766)||18,128|32,907|131,207| |**Other gains and losses**||||||||| |**Net movement in funds**||21,545||(6,766)||18,128|32,907|131,207| |**Reconciliation of funds:**||||||||| |Total funds brought forward||(5,528)||229,298||139,994|363,764|232,557| |**Total funds carried forward**||16,017||222,532||158,122|396,671|363,764| Page 7 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust** ## **Summary Income and Expenditure Account** ## **for the year ended 31 December 2022 (Excluding endowments)** |**for the year ended 31 December 2022**
**(Excluding endowments)**||| |---|---|---| |Income
Interest and investment income
**Gross income for the year**
Expenditure
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2022**
**£**
398,142
810
398,952
384,173
384,173
14,779
14,779|**2021**
**£**
432,825
180| |||433,005| |||301,798| |||301,798| |||131,207| |||131,207| Page 8 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust** **Balance Sheet** ## **at 31 December 2022** |**Company No.**
**CE005790**
**Notes**
**2022**
**£**
**Current assets**
Cash at bank and in hand
511,725
511,725
**Creditors:**Amount falling due within one year
12
(66,588)
**Net current assets**
445,137
**Total assets less current liabilities**
445,137
**Creditors:**Amounts falling due after more than one year
13
(48,466)
**Net assets excluding pension asset or liability**
396,671
**Total net assets**
396,671
**The funds of the charity**
**Restricted funds**
14
Endowment funds
158,122
Restricted income funds
222,532
380,654
**Unrestricted funds**
14
General funds
16,017
16,017
**Reserves**
14
**Total funds**
396,671|**2021**
**£**
472,996| |---|---| ||472,996
(75,432)| ||397,564
397,564
(33,800)| ||363,764| ||363,764| ||139,994
229,298| ||369,292
(5,528)| ||(5,528)| ||363,764| These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. For the year ended 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 30 August 2023 And signed on its behalf by: T. Pakenham Trustee 30 August 2023 Page 9 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust** **Notes to the Accounts** ## **for the year ended 31 December 2022** - 1 **Accounting policies** ## **Basis of preparation** 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 (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **Change in basis of accounting or to previous accounts** There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. ## **Fund accounting** - Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. - Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. - Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. ## **Income** - Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. - Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. - Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. - Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services and These are only included in income (with an equivalent amount in expenditure) facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 10 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust** **Notes to the Accounts** **Expenditure** Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Trade and other debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **Cash and cash equivalents** Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. ## **Trade and other creditors** Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. ## 2 **Company status** The company is a private company limited by guarantee and consequently does not have share capital. Page 11 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 ## **Frank Longford Charitable Trust** ## **Notes to the Accounts** |3
**Statement of Financial Activities - prior year**
**Income and endowments from:**
Donations and legacies
Charitable activities
Investments
**Total**
**Expenditure on:**
Raising funds
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
Longford Scholarships
Paddy Pakenham
Endowment Fund
5
**Income from charitable activities**
Annual lecture and prizes
Other charitable activities|**Unrestricted**
**funds**
**£**
-
78,016
180
78,196
24,428
48,469
5,241
78,138
58
58
58
(5,586)
(5,528)
**Restricted**
**£**
289,818
1,080
-
290,898|**Restricted**
**funds**
**£**
214,815
-
-
214,815
-
223,660
-
223,660
(8,845)
(8,845)
(8,845)
238,143
229,298
**Endowment**
**£**
-
-
18,128
18,128
**Unrestricted**
**£**
36,176
71,068
107,244|**Endowment**
**funds **
**£**
139,994
-
-|**Total funds**
**£**
354,809
78,016
180| |---|---|---|---|---| ||||139,994
-
-
-|433,005
24,428
272,129
5,241| ||||-|301,798| ||||139,994|131,207| ||||139,994|131,207| ||||139,994
-|131,207
232,557| ||||139,994|363,764| ||||**Total**
**2022**
**£**
289,818
1,080
18,128|| ||||309,026|| ||||**Total**
**2022**
**£**
36,176
71,068|| ||||107,244|| Page 12 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust** ## **Notes to the Accounts** - 6 **Income from investments** |Interest received
7
**Expenditure on raising funds**
_Costs of generating voluntary_
_income_
Fundraising costs
8
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Service and support of
scholars
Annual lecture and prizes
Grants made for scholarships
_Governance costs_
Accounting fees and other
governance costs|**Unrestricted**
**£**
-
33,337
-
13,627
46,964|**Unrestricted**
**£**
810
810
**Unrestricted**
**£**
38,624
38,624
**Restricted**
**£**
133,419
-
164,245
-
297,664|**Total**
**2022**
**£**
810| |---|---|---|---| ||||810| ||||**Total**
**2022**
**£**
38,624| ||||38,624| ||||**Total**
**2022**
**£**
133,419
33,337
164,245
13,627| ||||344,628| Page 13 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust** ## **Notes to the Accounts** - 9 **Analysis of grants** |**Activity or programme**
**Grants to**
**Institutions**
**Grants to**
**Individuals**
**£**
**£**
Scholarships and awards
26,001
138,244
26,001
138,244
**Activity or programme**
**Grant**
**funding of**
**activities**
**£**
Scholarships and awards
164,245
164,245
10 **Other expenditure**
General insurances
11 **Staff costs**
No staff employed within the year ended 31 December 2022.
12 **Creditors:**
amounts falling due within one year
Provision for grants pledged to scholars
13 **Creditors:**
amounts falling due after more than one year
Provision for grants pledged to scholars|**Grants to**
**Institutions**
**£**|**Grants to**
**Individuals**
**£**|**Support**
**Costs**
**£**
133,419
133,419
**Support**
**Costs**
**£**
133,419
133,419
**Unrestricted**
**£**
921
921
**2022**
**£**
66,588
66,588
**2022**
**£**
48,466
48,466|**Total**
**2022**
**£**
297,664|**Total**
**£**
223,660| |---|---|---|---|---|---| ||26,001|138,244|||| |||138,244
**Grant**
**funding of**
**activities**
**£**||297,664|223,660| |||||**Total**
**2022**
**£**
297,664|**Total**
**£**| |||164,245|||223,660| |||||297,664|223,660| |||||**Total**
**2022**
**£**
921|| |||||921|| ||||||| Page 14 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust** ## **Notes to the Accounts** ## 14 **Movement in funds** |**Restricted funds:**
**Endowment funds:**
Endowment Funds
_Total_
**Restricted income funds:**
Restricted Funds
_Total_
**Unrestricted funds:**
**General funds**
**Total funds**
15 **Reconciliation of net debt**
Cash and cash equivalents
Net debt|**At 1 January**
**2022**
139,994
139,994
229,298
229,298
(5,528)
363,764|**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
18,128
18,128
290,898
290,898
108,054
417,080
**At 1 January**
**2022**
**£**|**Resources**
**expended**
**£**|**At 31**
**December**
**2022**
**£**
158,122| |---|---|---|---|---| ||||-|| |||||| ||||-|158,122| |||||222,532| ||||(297,664)|| |||||| ||||(297,664)|222,532| |||||16,017| ||||(86,509)|| |||||| ||||(384,173)|396,671| ||||**Cash flows**
**£**|**At 31**
**December**
**2022**
**£**| |||472,996|38,729|511,725| |||472,996
472,996|38,729|511,725| ||||38,729|511,725| Page 15 DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust** **Detailed Statement of Financial Activities** ## **for the year ended 31 December 2022** |**Income and endowments from:**
Donations and legacies
Longford Scholarships
Paddy Pakenham
Endowment Fund
Charitable activities
Annual lecture and prizes
Other charitable activities
Investments
Interest received
**Total income and endowments**
**Expenditure on:**
Costs of generating donations and
legacies
Fundraising costs
**Total of expenditure on raising**
**funds**
Charitable activities
Service and support of scholars
Annual lecture and prizes
Grants made for scholarships
Governance costs
Accounting fees and other
governance costs
**Total of expenditure on charitable**
**activities**
Other expenditure
General insurances
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments|**Unrestricte**
**d funds**
**2022**
**£**
-
-
-
-
36,176
71,068
107,244
810
810
108,054
38,624
38,624
38,624
-
33,337
-
33,337
13,627
13,627
46,964
921
921
921
86,509
-|**Restricted**
**funds**
**2022**
**£**
289,818
1,080
-
290,898
-
-
-
-
-
290,898
-
-
-
133,419
-
164,245
297,664
-
-
297,664
-
-
-
297,664
-|**Endowment**
**funds**
**2022**
**£**
-
-
18,128
18,128
-
-
-
-
-
18,128
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total funds**
**2022**
**£**
289,818
1,080
18,128| |---|---|---|---|---| |||||309,026| |||||36,176
71,068| |||||107,244| |||||810| |||||810| |||||417,080
38,624| |||||38,624| |||||38,624
133,419
33,337
164,245| |||||331,001| |||||13,627| |||||13,627| |||||344,628
921| |||||921| |||||921| |||||384,173
-| Page 16 ## DocuSign Envelope ID: 6EDA2D79-1C1B-4F74-8FD7-1DC636D5ED67 **Frank Longford Charitable Trust Detailed Statement of Financial Activities** |**Net income**
**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|21,545
21,545
-
21,545
(5,528)
16,017|(6,766)
(6,766)
-
(6,766)
229,298
222,532|18,128
18,128
-
18,128
139,994
158,122|32,907| |---|---|---|---|---| |||||32,907
-| |||||32,907| |||||363,764| |||||396,671| Page 17