## **Frank Longford Charitable Trust** **Charity No. 1164701 (CIO)** **Trustees' Report and Unaudited Accounts** **31 December 2023** **Frank Longford Charitable Trust Contents** ||Pages| |---|---| |Trustees' Annual Report|2 - 4| |Independent Examiner's Report|5| |Statement of Financial Activities|6| |Balance Sheet|7| |Notes to the Accounts|8-14| |Statement of Cash flows|15| |Detailed Statement of Financial Activities|16 - 17| Page 1 **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 2023. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Charity No. 1164701 (CIO)** ## **Working name: The Longford Trust** ## **Trustees** The following trustees served during the year: Hannah Billington Lady Rachel Billington CJ Burge Alex Fletcher Victoria Greenwood Pawel Kisielewski Tom Pakenham (Chair) John Podmore Jon Snow ## **Accountants** 1 Accounts Online Limited Rubine House Manor Rd Haverhill CB9 0EP ## **ACHIEVEMENTS AND PERFORMANCE** The summer of 2023 saw a record number of new Longford Scholarship awards made by the Longford Trust. Our scholarships support young serving and ex-prisoners to continue their rehabilitation by going to university to study for degrees. We provide financial help, one-to-one mentoring by our trained volunteer mentors, plus employability guidance to ensure those Longford Scholars who graduate have the opportunities and openings, including work placements and internships, that ensure their hard-earned degrees win them graduate-level employment. We have been running this scholarship programme since 2005. It started on a very small scale of one or two awards by year. Driven by demand, in the summer of 2023 that number rose to 31 new awards (and a 32nd joined shortly afterwards in the autumn). In addition, in two waves, one in October and another the following February, we also made 18 new Frank Awards to those still in prison, keen to get started on a degree, but unable because of the rules on student-loan funding to get going - until we stepped in. Page 2 **Frank Longford Charitable Trust Trustees Annual Report** On top of this influx onto our programme of 50 new award holders in 2023, we had another 50 continuing Longford Scholars in years 2, 3 and occasionally 4 of their degrees. A cohort of 100 is again the highest we have ever had. The challenge with these larger numbers has been to maintain the level of support that we have provided since 2005 and so continue to see 85% of our award-holders going on to graduate, get degree-level jobs, build careers, homes, families. Fewer than 4% of Longford Scholars ending up back in prison compared to the 50% plus in national figures for the prison service. Figures matter, but not without humanity. We don’t always get it right – because we are human. And those who join our programme are sometimes not in the right place to seize their second chance, however much they try and we support them. But our hard-working office team, supported by our trustees, and most of all by our generous enlightened, humane donors, does everything it possibly can to enable it to happen. That financial support from our supporters – long-standing and new, foundations, trusts, businesses and a small army of individuals who make small, medium and sometimes large gifts to us, sometimes in the form of monthly or quarterly sums - has been constant and enabling in the different financial climate of 2023. We have raised £600,201 (up on £417,080 in 2022), and spent £428,509 as against £384,173. Our fledgling endowment fund – set up to mark our 20th anniversary and an effort to secure the long-term future of our work by providing a regular investment income - continues to grow, though it is still at a relatively low level for the goals we have set it. Another high point of the year came when Rory Stewart took to the stage at Church House, Westminster, on November 22 for the 2023 Longford Lecture, ‘Rhetoric Versus Reality’. He shared his thoughts, he said, as a ‘working politician’ on the relationship between democratic politics and the challenges facing prisons. Addressing a capacity crowd of 650, with a further 1,000 joining via a livestream, and National Prison Radio broadcasting the event into every prison cell in the country, the former Cabinet minister, who served as Prisons’ Minister from January 2018 to May 2019, before running for Conservative leader and Mayor of London, outlined why he felt that it was a particularly fraught relationship today. Democratic politics are, he declared, ‘in decay’ with ‘populism’ on the rise. Such conditions were ‘ill-suited’ to address the problems that exist in our prison system and were in many ways ‘a perfect storm’. One reason for the neglect of the prison system, argued the co-host with Alastair Campbell of ‘The Rest is Politics’, one of Britain’s most-listened-to podcasts, had come about because it was the country’s ‘least-loved public service’. With hospitals or schools, he pointed out, places where we are at some stage likely go in search of medical help, or where our children are educated, there is huge engagement by the public that keeps ministers and MPs on their toes. But most people don’t think they will ever go to prison, or even set foot inside one on a visit, so they have little interest in the state of them. However, he insisted, we need as a society to scrutinize what goes on inside them, done in our names, much more closely and attentively. He received a standing ovation at the end of his lecture. A full version can be watched on our website. At the Longford Trust we are always striving to improve what we do and so increase the positive outcomes for all our scholars. To that end, each year we carry out research about recipients of our Longford Scholarship awards to make sure that those who are successful broadly reflect the diversity of the prison population. The headline figures for 2023 show that around 28% of those in prison come from BAME backgrounds, while 36% of our Longford Scholars do. Among our Frank Award holders, 50% come from BAME backgrounds. While female prisoners account for around 4% of the total, in our cohort of award holders they are 14%. Page 3 ## **Frank Longford Charitable Trust** ## **Trustees Annual Report** We also commission an independent evaluation of our scholarship and mentoring programme in which all those involved in it are asked to rate its performance. Our evaluator reported in October of 2023 on the previous 12 months and indicated high levels of satisfaction at what we provide. Asked if they found our mentoring support helpful, on a range from 1 to 5, from not at all to very helpful, 60% of those scholars who took part chose the top two categories, and the remaining 40% the middle category (ie useful). Asked if they felt well supported by the Longford Trust office team, 83% chose the top two categories and the remaining 17% the middle category. Our core scholarship programme takes up more than three quarters of our expenditure each year and it remains focused and dedicated on the goal of creating 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. ## **Statement of trustees' responsibilities in relation to the financial statements** The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 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 Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. 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. Signed on behalf of the charity's trustees Tom Pakenham Trustee 25 July 2024 Page 4 **Frank Longford Charitable Trust Independent Examiners Report** ## **Independent Examiner's Report to the trustees of Frank Longford Charitable Trust** I report to the trustees on my examination of the financial statements of Frank Longford Charitable Trust for the year ended 31 December 2023. ## **Responsibilities and basis of report** As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 by being a qualified 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 in any material respect: - the accounting records were not kept in respect of the charity as required by section 130 of the Act; or - the financial statements do not accord with those records; or - the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 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. 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 (FMAAT) AAT 1 Accounts Online Limited Rubine House Manor Rd Haverhill CB9 0EP 25 July 2024 Page 5 **Frank Longford Charitable Trust Statement of Financial Activities** ## **for the year ended 31 December 2023** |**Unrestricted**
**funds**
**2023**
**Notes**
**£**
**Income and endowments**
**from:**
Donations and legacies
3
-
Charitable activities
4
120,252
Investments
5
2,945
**Total**
123,197
**Expenditure on:**
Raising funds
6
47,644
Charitable activities
7
59,935
Other
9
994
**Total**
108,573
Net gains on investments
-
**Net income**
14,624
Transfers between funds
-
**Net income before other**
**gains/(losses)**
14,624
**Other gains and losses**
**Net movement in funds**
14,624
**Reconciliation of funds:**
Total funds brought forward
16,017
**Total funds carried forward**
30,641|**Unrestricted**
**funds**|**Restricted**
**funds**|**Endowment**
**funds**|**Total funds**|**Total funds**| |---|---|---|---|---|---| ||**2023**|**2023**|**2023**|**2023**|**2022**| ||**£**|**£**|**£**|**£**|**£**| ||||||| ||-|327,013|150,000|477,013|309,026| ||120,252|-|-|120,252|107,244| |||-|-|2,945|810| ||123,197|327,013|150,000|600,210|417,080| ||||||| |||-|-|47,644|38,624| |||319,935|-|379,870|344,628| |||-|-|994|921| ||108,573|319,935|-|428,508|384,173| ||-|-|6,866|6,866|-| ||14,624|7,078|156,866|178,568|32,907| ||-|-|-|-|-| ||14,624|7,078|156,866|178,568|32,907| ||||||| ||14,624|7,078|156,866|178,568|32,907| ||||||| ||16,017|222,532|158,122|396,671|363,764| ||30,641|229,610|314,988|575,239|396,671| ||||||| ||||||| ||||||| Page 6 **Frank Longford Charitable Trust Balance Sheet** ## **at 31 December 2023** |**Charity No. 1164701**
**Fixed assets**
Investments
11
**Current assets**
Cash at bank and in hand
**Creditors:**Amount falling due within one year
12
**Net current assets**
**Total assets less current liabilities**
**Creditors:**Amounts falling due after more than one year
13
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
14
Endowment funds
Restricted income funds
**Unrestricted funds**
14
General funds
**Reserves**
14
Revaluation reserve
**Total funds**|**2023**
**£**
156,866
156,866
533,427
533,427
(71,832)
461,595
618,461
(43,222)
575,239
575,239
308,122
229,610
537,732
30,641
30,641
6,866
6,866
575,239|**2022**
**£**
-| |---|---|---| |||-
511,725| |||511,725
(66,588)| |||445,137
445,137
(48,466)| |||396,671| |||396,671| |||158,122
222,532| |||380,654
16,017| |||16,017
-| |||-| |||396,671| Approved by the trustees on 25 July 2024 And signed on their behalf by: Tom Pakenham Trustee 25 July 2024 Page 7 **Frank Longford Charitable Trust Notes to the Accounts** ## **for the year ended 31 December 2023** - 1 **Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. ## **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 These are only included in income (with an equivalent amount in expenditure) and 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 fixed assets 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 8 **Frank Longford Charitable Trust Notes to the Accounts** **Expenditure** - Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure 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 tax on its charitable activities. Intangible fixed assets (including purchased goodwill, patents and trademarks) are carried at cost less accumulated amortisation and impairment losses. ## **Stocks** Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. ## **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. Page 9 **Frank Longford Charitable Trust Notes to the Accounts** ## **Foreign currencies** Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure. ## **Receipt of donated goods, facilities and services** All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. - 2 **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**
3
**Income from donations and legacies**
Longford Scholarships
Paddy Pakenham
Endowment Fund|**Unrestricted**
**funds**
**2022**
**£**
-
107,244
810
108,054
38,624
46,964
921
86,509
21,545
21,545
21,545
(5,528)
16,017
**Restricted**
**£**
325,933
1,080
-
327,013|**Restricted**
**funds**
**2022**
**£**
290,898
-
-
290,898
-
297,664
-
297,664
(6,766)
(6,766)
(6,766)
229,298
222,532
**Endowment**
**£**
-
-
150,000
150,000|**Endowment**
**funds**
**2022**
**£**
18,128
-
-
18,128
-
-
-
-
18,128
18,128
18,128
139,994
158,122
**Total**
**2023**
**£**
325,933
1,080
150,000
477,013|**Total funds**
**2022**
**£**
309,026
107,244
810| |---|---|---|---|---| |||||417,080
38,624
344,628
921| |||||384,173| |||||32,907| |||||32,907| |||||32,907
363,764| |||||396,671| |||||**Total**
**2022**
**£**
289,818
1,080
18,128| |||||309,026| Page 10 **Frank Longford Charitable Trust Notes to the Accounts** ## 4 **Income from charitable activities** |Annual lecture and prizes
General Administration
5
**Income from investments**
Interest received
6
**Expenditure on raising funds**
_Costs of generating voluntary_
_income_
Fundraising
7
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Service and support of
scholars
Annual lecture and prizes
Grants made
_Governance costs_
Accounting fees and other
governance costs|**Unrestricted**
**£**
-
40,753
-
19,182
59,935|**Unrestricted**
**£**
37,049
83,203
120,252
**Unrestricted**
**£**
2,945
2,945
**Unrestricted**
**£**
47,644
47,644
**Restricted**
**£**
145,605
-
174,330
-
319,935|**Total**
**2023**
**£**
37,049
83,203
120,252
**Total**
**2023**
**£**
2,945
2,945
**Total**
**2023**
**£**
47,644
47,644
**Total**
**2023**
**£**
145,605
40,753
174,330
19,182
379,870|**Total**
**2022**
**£**
36,176
71,068| |---|---|---|---|---| |||||107,244| |||||**Total**
**2022**
**£**
810| |||||810| |||||**Total**
**2022**
**£**
38,624| |||||38,624| |||||**Total**
**2022**
**£**
133,419
33,337
164,245
13,627| |||||344,628| Page 11 **Frank Longford Charitable Trust Notes to the Accounts** ## 8 **Analysis of grants** |**Activity or programme**
Scholarships and awards
9
**Other expenditure**
Legal and insurance|**Grants to**
**Individuals**
**£**|**Support**
**Costs**
**£**
145,605
145,605
**Unrestricted**
**£**
994
994|**Total**
**2023**
**£**
319,935
319,935
**Total**
**2023**
**£**
994
994|**Total**
**2022**
**£**
297,664| |---|---|---|---|---| ||174,330|||| ||174,330|||297,664| |||||**Total**
**2022**
**£**
921| |||||921| ## 10 **Staff costs** The charity did not operate a PAYE scheme within the year ended 31 December 2023. Following the growth of the charity it plans to register for a scheme within 2024. ## 11 **Investments** |**Cost or revaluation**
Additions
Revaluation
At 31 December 2023
**Net book values**
At 31 December 2023
12 **Creditors:**
amounts falling due within one year
Other creditors
13 **Creditors:**
amounts falling due after more than one year
Other creditors|**2023**
**£**
71,832
71,832
**2023**
**£**
43,222
43,222|**Other**
**investments**
**- Listed**
**£**
150,000
6,866
156,866
156,866|**Total**
**£**
150,000
6,866| |---|---|---|---| ||||156,866| ||||156,866| ||||**2022**
**£**
66,588| ||||66,588| ||||**2022**
**£**
48,466| ||||48,466| Page 12 **Frank Longford Charitable Trust Notes to the Accounts** ## 14 **Movement in funds** |**Movement in funds**||||| |---|---|---|---|---| |**Restricted funds:**
**Endowment funds:**
Endowment Funds
_Total_
**Restricted income funds:**
Restricted Funds
_Total_
**Unrestricted funds:**
**General funds**
**Revaluation Reserves:**
Endowment funds:
Endowment Funds
_Total_
_Total revaluation reserves_
**Total funds**|**At 1 January**
**2023**
158,122
158,122
222,532
222,532
16,017|**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
150,000
150,000
327,013
327,013
123,197|**Resources**
**expended**
**£**
-
-
(319,935)
(319,935)
(108,573)|**At 31**
**December**
**2023**
**£**
308,122| |||||308,122| |||||229,610| |||||229,610| |||||30,641| |||||| ||-
-
-
396,671|6,866
6,866
6,866
607,076|(428,508)|6,866| |||||6,866| |||||| |||||6,866| |||||| |||||575,239| Purposes and restrictions in relation to the funds: Revaluation reserves Represent the amount by which investments exceed their historical cost. ## 15 **Analysis of net assets between funds** |Investments
Net current assets
Creditors due in more than one year and
provisions|**Unrestricted**
**funds**
**£**|**Restricted**
**funds**
**£**|**Total**
**£**| |---|---|---|---| ||-|156,866|156,866| ||405,730
(43,222)
362,508|55,865
-
212,731|461,595
(43,222)| ||||575,239| Page 13 **Frank Longford Charitable Trust Notes to the Accounts** ## 16 **Reconciliation of net debt** |**Reconciliation of net debt**|||| |---|---|---|---| |Cash and cash equivalents
Net debt|**At 1 January**
**2023**
**£**|**Cash flows**
**£**|**At 31**
**December**
**2023**
**£**| ||511,725|21,702|533,427| ||511,725
511,725|21,702
21,702|533,427| ||||533,427| Page 14 **Frank Longford Charitable Trust Statement of Cash flows** ## **for the year ended 31 December 2023** |**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Dividends, interest and rents from investments
Receipts from donations of endowments
Increase in trade and other payables
**Net cash provided by operating activities**
**Cash flows from investing activities**
Payments for investments
Dividends, interest and rents from investments
**Net cash (used in)/from investing activities**
**Cash flows from financing activities**
Receipts from donations of endowments
**Net cash from financing activities**
**Net increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**|**2023**
**£**
178,568
(2,945)
(150,000)
-
25,623
(150,000)
2,945
(147,055)
150,000
150,000
28,568
511,725
540,293|**2022**
**£**
32,907
(810)
(18,128)
115,054| |---|---|---| |||129,023
-
810| |||810| |||18,128| |||18,128| |||| |||147,961| |||472,996| |||620,957| |||| |**Components of cash and cash equivalents**||| |Cash and bank balances|533,427|511,725| |||| ||533,427|511,725| Page 15 **Frank Longford Charitable Trust Detailed Statement of Financial Activities** ## **for the year ended 31 December 2023** |**Income and endowments from:**
Donations and legacies
Longford Scholarships
Paddy Pakenham
Endowment Fund
Charitable activities
Annual lecture and prizes
Service and support of scholars
Investments
Interest received
**Total income and endowments**
**Expenditure on:**
Costs of generating donations and
legacies
General Administration
**Total of expenditure on raising**
**funds**
Charitable activities
Service and support of scholars
Annual lecture and prizes
Grants made
Governance costs
Accounting fees and other
governance costs
**Total of expenditure on charitable**
**activities**
Other expenditure
Legal and insurance
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments|**Unrestricted**
**funds**
**2023**
**£**
-
-
-
-
37,049
83,203
120,252
2,945
2,945
123,197
47,644
47,644
47,644
-
40,753
-
40,753
19,182
19,182
59,935
994
994
994
108,573
-|**Restricted**
**funds**
**2023**
**£**
325,933
1,080
-
327,013
-
-
-
-
-
327,013
-
-
-
145,605
-
174,330
319,935
-
-
319,935
-
-
-
319,935
-|**Endowment**
**funds**
**2023**
**£**
-
-
150,000
150,000
-
-
-
-
-
150,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
6,866|**Total funds**
**2023**
**£**
325,933
1,080
150,000
477,013
37,049
83,203
120,252
2,945
2,945
600,210
47,644
47,644
47,644
145,605
40,753
174,330
360,688
19,182
19,182
379,870
994
994
994
428,508
6,866|**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 ## **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**|14,624
14,624
-
14,624
16,017
30,641|7,078
7,078
-
7,078
222,532
229,610|156,866
156,866
-
156,866
158,122
314,988|178,568
178,568
-
178,568
396,671
575,239|32,907| |---|---|---|---|---|---| ||||||32,907
-| ||||||32,907| ||||||363,764| ||||||396,671| Page 17