Charlty number- 1171136
THE WOOSNAM FOUNDATION
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
RPG Crouth Chapman LLP
Chartered Accountants & Registered Auditr
40 Gracechurch Street
London
EC3V OBT

THE WOOSNAM FOUNDATION
CONTENTS
Pag•
Reference and Administrative Dètails of the Charity, its Trustees and Advisers
Trustees. Report
Indèpendent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Ststements
8-16

THE WOOSNAM FOUNDATION
REFERENCE AND ADMINISTRAnvE DETAJLS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2023
Tnjslees
M. S. Feldman. Trustee
l. Buni)an. Trustee
Charity rggistered
number
1171136
Accountants
RPG Crouch Chapman LLP
Chartered Accountants
40 Gracechurch Street
London
EC3V OBT
Bank&rs
C. Hoare & Co.
37 Fleet Street
London
EC4P 2AP
Solicitors
Layton5 Solicrtors LLP
3rd Floor. Pinners H￿1
10>108 Old Broad Street
London
EC2N IER
Investment advisors
Canaccord Genuty Weahh Management
41 Lolhbury
London
EC2R 7AE
Page 1

THE WOOSNAM FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present their annual report together wth the unaudited financial statements of the Charty for the
year ended 31 DeceTnber 2022.
Objectives and actlvltiès
a. Policies and objectives
The charrty's objectives are io furlher such exclusively chantable purposes calculated to promote the
advancement of resèarch and education for public benefit.
In setting obiectives and planning for actiwties. the Tnjstees have given due consideration to general guidance
pub115hed by the Charty Commission relating to public benefit. including thè guidance 'Public benefit". running a
chaTlty IPB21'.
b. Activities undertsken to achieve objectives
The charity achieves its objectives by making grants. Details of these can be found in note 7 to the accounts
which contains a list of projects supported.
c. Grant-making pollcles
Grant applications are considered at trustee meefings. As well as assessing the merits of the applicants,
proposals and the Gongruence with the charrt¥s aims and pnorities, appraisal crrten& include.-
The anticipated outcome of the proj8Ct induding public benefit
Financial viability
Value for money
Adequate provision for ongoing costs and maintenance.
d. Main activities undertaken to lurther the Charity's purposes tor the publlc benefrt
The irustees hold a diverse Investment portfolio which Is managed by Canaccord Genuity Wealth Management.
Income and gains from these Investents 15 Used to fund the charitys grant making activities.
Achlevements and perfomiance
. Key perfomiaftce Èndicator5
The charity's kèy perfomance indicator is to mairitain rts level of nel assets. the trustees accept that this will not
be possible each year due to fluctuations in Investment value5.
b. Review of activities
The chariiy received investment Income totauing £75.913 during the year. Grants of £18.500 were made as
detailed in note 7 to the financial statements.
c. Invesknent policy and perforniance
Dunftg the year the portfolio re￿ISed net gains of £278.853. The market value of the portfolio at the balance
sheet date was £3.071.397
Financial review
Page 2

THE WOOSNAM FOUNDATION
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
. Going concern
After making appropnale enquiries. the Tnjstees have a Teasonable expectstion that the Chanty h85 adequate
resources to continue In operational existence for the foreseeable fu1u￿. For this reason. they continue to adopt
the going concern basls In preparing the finan￿1¥1 ststements. Further details iegarding the adoption of the going
concern Oasis can be found In the accounting policies.
b. Reserves poll
Total reserves increased by £249.739 to £3.390.583.
It is the policy of the charity that reserves shoul¢ be held ai a level that allows the current level of grants awarded
to increase In line wrth inffation. To this end the trustees Intend to increase the reserves of the charity each year,
however this Is not always possible due to flLJdLJations In Investment values.
. Material investments policy
The trustees do not perrnrt investments in ¢ompanies engaged in manufacturing tobacco product5 or
armaments.
d. Prlncipal risks and uncertainties
The charity has no operational risks. Its nsks are related to investment strategy and rt guards against thosè risks
by delegating decisions to ils investment managers. The trustees are confident that they have a reasonable
diversification of Investments as a resutt providing some protectson against nsk.
e. Financial perforniance
During the year, the chanty had total inccffie of £75.934 12022.. £66.4111 and total expendrture of £105,048
12022.. £267.3131. wrth net gains on Investments and investmÈnt property amoLtnling lo £278,853 12022".
£382.021 losses).
At the year end, the charity held funds of £3.390 583 12022.. £3.140 8441_ All amounts represent unreslricled.
general funds. as the charity has no re5tncted or d¢signate¢ funcls.
Structure, govemance and management
Constitution
The Woosnam Foundation is a registered charrty. number 1171136. and is constrtuted under a Trust deed.
b. Methods of appointment or election of Trustees
The management of the Chanty is the responsibilty of the Trustees who are elected and cckopted under the
tems of the Trust deed.
. Qryanisational structure and dectsion-making policies
The tru51ees meet several timès each year. The primary areas of dis¢u$5ion are grant making and investment
performance.
d. Policies adopted for th& Induction and training of TNstees
The induction process for new trustees covers govemance. Investrnent and grant making policies.
Page 3

THE WOOSNAM FOUNDATION
TRUSTEES. REPORT ICONTlf4UEDI
FOR THE YEAR ENDED 31 DECEM8ER 2023
Structurn. gtsvernance and m•n•g•m•nt l¢ontinu•dl
•. R•lat•d p•rty relation*hip*
Related party rdationships exist *rough Layton5 LLP 118umianl and Micfel Associates Limited IM S Feldmanl.
l Bumian and M S Feldman are trustees of tre cnarity.
Plans for futurg periods
The trustees Irrtend to lauft¢h a number of new grant*making Initiatives dunng the year.
Slatemont of Tr￿tee8. r•sponsibility•s
The Trustees are responsible for preparing the Trustee5' Reoor ar.# the finanaal statèmènts In accordance wth
applicable law and United knngttom Aceountrng SAnaards (United Kingdom Generally AccepteLI Accounting
Practicel.
The law applicatyle io c*antie8 in England & Wale5 requires the Trustees to prepare finanoal Statements for
each finantr¥l vthich give a true and fair ¥1￿ of the state of affairs of the Charity and of its incoming resources
and application of resources. Induding rts Income and Èxpenditure, for thai period. In preparing *he$e finanrial
5taternents, Ihe Trustees are required to..
select suitabk accounting polioes ar*a then 3pply them con51Stently,
observe tbe metnods ano princioles of tr)e ChanJes SORP IFRS 1021"
make judgm.enis and accounting estimates that are reasonatle and Drudent.
slate Whe￿er apDlicable LIK Accouniing Standards IFRS 102, ha¥e been follo*td subjeci to any material
departures disdosed and explained In the fj.na*ual staternerts
prepare the financial ststemeryts on the gO￿g concem basi$ unless rt Is Inappropriate to p￿SUrne that the
Cttanty wll continue In business.
The Trustees are responyible for Keeping atte0￿ate ar£Duniing recoros are sufficient to show and explain
Ihe Charity's tran5actsons ar.d d15close reasonable accuracy at any time the finanual position of the Charity
and enable them to ensure that the financial sta•emer+ts ¢omply wth the Charitie5 Act 2011. the Charty
IAccounts and Reports) Regul3boriS 20C8 and tne provisions 01
'the Trust deed. They are also ￿sponsIble for
53feguaréing the assets of the ￿ha￿ty and nence for taking reasonable Steps for the r)revention and detection of
fraud and other irregulanJe5.
Approved by order of the members of the boaTd of Trustees on 2 Aprfl 2024 an(J signe# on their behalf by..
l Bumian
Page 4

THE WOOSNAM FOUNDATION
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER Z023
Independent Examinees Report to thè Tru%t@@s of The Woo$nam Foundation {Yhe Ch•rity'l
I report to the charty Trustees on my examination of the accounts of the Charty for the year èndèd 31
December 2023.
Rèsponsibilities and Basis of Report
As the Trustees of the Chanty you are resporisible for the preparation of the account5 in accordance wf(h the
requirements of the Charities Act 2011 Ilhe 2011 Act'i.
I report in respect of my examination of the Chantls accounts carried out under section 145 of the 2011 Act and
In ¢arrying out my exarnination I have followed the applicable Di￿¢bOnS given by the Charity Commission under
section 14515llbl of the 2011 Act.
Indgpendent Examinerfs Statement
Your attention is drawn to the fact that the Chanty has prepared the accounts In accordan￿ wrth Accounting and
Reporting by Charities". Statement of Recommended Practice applicable io charities preparing their accounts In
a¢¢ordance wth the Financial Reporting Szandard applicable In the UK and Republic of Ireland IFRS 1021 in
preference to the Accounling and Reporting by Chanties. Statement of Recommended Practice Issued on 1 April
2005 which Is referred to In the extant regulations but has been wilh(Jrawn.
l understand that this has been done in order for the accounts lo provide a true and fair view in accordance with
the Generally Accepted Accounting practi￿ effective for reporting periods beginning on or after 1 January 2015.
I have completed my exarnination. I confirm that no matters have come to my attention in connection with the
examination giving rne cause to believe that in any material respect".
accounting records were not kept in Tespect of the Charty as required by secb'on 130 of the 2011 Act", or
the accounts do noi accord wrth those recards.. or
the accounts do not cornply the applicable requirements ¢onceming the form and content of
accounts set out in the Charfties (Accounts and Reports) Regulations 2008 other than any requirement
th* the accounts give a Irue and fail wew which is not a matter considered as part of an independent
examination.
I have no concems and have come acros5 no other matters in connection wrth the examination to which
attention should be drawn in this Teport in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Chatys Trustees. as a body. in accordance wrth Part 4 of the Chanties
(Accounts and Reports) Regulations 2008. My work ha5 been undertaken so that I might state to the Charity's
Trustees those matters l am required to state to them In an Independent Examiner's Report and for no other
purpose. To the fullest extent pemif.ed by law. I do not accept or assume responsibility to anyone other than the
Chanty and the Charity's Trustees as a body. for rny work or for this report.
Signed..
Dated.. 2 April 2024
Jefftey Nettlelon
FCA
RPG Crouch Chapman LLP
Chartered Accounlanls
40 Gracechurch Street
London
EC3V OBT
Page 5

THE WOOSNAM FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEM8ER 2023
Unrestrlcted
funds
2023
Total
funds
2023
Total
funds
2022
Note
Income from:
Donations and legacies
Investments
21
21
75,913
75,913
66,411
Total income
75.934
75.934
66,411
ExpendÉtur• on:
Raising funds
Charitable activities".
Grants
Support costs
36.S02
36.S02
36, 860
28,SOO
50.046
780, 700
49, 753
Totsl expendlture
115,048
115,048
267,313
Net expenditure b&fore net gainslllossesl on
investments
139,1141
278,853
139,1141
278.853
(200.9021
1362.021)
Net gainsJllossesl on invesrmenls
Net movement in funds
239.739
239.739
(562.9231
Reconciliation of funds".
Total funds brought lorwarf
Net movement in funds
3.140,844
239,739
3.140,844
239,739
3, 703, 767
(562,923)
Total funds carried forward
3.3BO.$83
3.380,583
3, 140.844
The Statement of Financial Ath'mties indudes all gains and losses recognised in the year.
The noie5 on pages 8 to 16 form part of these financial statements.
Page 6

THE WOOSP4AM FOUNDATION
BALANCE SHEET
AS AT 31 DECEIABER 2023
2023
2022
Fixed assets
Inveslments
Investment property
13
3.071,397
403.000
2,917,867
403.000
12
3.474,397
3,320,867
Currqnt a$s•t8
Debters
Cash at bank anu in hand
14
140
53, 722
42.103
42.103
53,862
Creditors.. amounts falling due wrthin one
year
t5
{135,9171
(128.8851
N•t current liabilil•s
193.8141
(75,Q23J
Total asset& 18M curr•nt liabiliJ•s
3.380,SB3
3,245.844
Creditor5". amounts falling due after more
than one year
16
(105.000)
Total nét assgts
3,380,583
3. 140.844
Charity fvnds
Unrestricted funds
3.380,583
3, 740.844
Total fundx
3.380.583
3. 140.844
The finanoal statements We￿ approved an*J authonsed for iswe by the Trustees on 02 April 2024 and 119ned
on their behal4 by
. S. Fddman
1. 8urnian
The notes on pages 8 10 16 form part of these statement&
Page 7

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 34 DECEMBER 2023
Gpnoral informaiion
The Woosn8m Foundation 18 8 registered cnanty. nurnbef 1171136. and Is constiluled under a Trust
deed.
Accounting policie5
2.1 Basis of preparation of financial ststements
The financial staiements have been prepared In accordance with the Charities SORP IFRS 1021-
Accounting and Reporting by CharTfies" Statement of Recommended Practice applicable to charities
preparing their accounts in accordance wrth the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 (effective 1 January 20191. the Financial Reporting Standard
applicable In the UK and Republic of Ireland IFRS 1021 and the Chanties Act 2011.
The financial staternenls have been piepaied to give a 'true and fairf view and have departed from
the Chari(ies (Accounts and ReFX)rtsl Regulatyons 20D8 only lo the extent reouired lo provide 8 'lruè
and lairt view. This departure has Involved followsng thè Charrties SORP IFRS 1021 published In
October 2019 rather than the Accounting and Reporting by Chanties. Ststement of Recommended
Practice effective from 1 April 2005 which has since been withdrawn.
The Woosnam Foundation meets the definrt•)n of a public benefit entty under FRS 102. Assets and
liabilities are inrtially recognised at histoncaj wst or transaction value unles5 otherwise staled in the
relevant accounting policy.
The accounts have been prepared In Sterling and all amounts are rounded lo the nearest £.
2.2 Going concem
Based on their assessment of the twelve months from the dale on whith the balance sheet was
signed. the Trustee5 are of the opinion that the charity Is a going Con￿rn as the charity holds
significant cash reseNes and the accounts have therefore been prepared on the going ¢oncern
basis.
2.3 Income
All income is r8cognised once the Chanty has entrtlemeni to the income. r( is probable that the
income wll be received and the amouni of Ineome receivable can be measured reliably.
2.4 Expenditure
Expenditure is ￿ognIsed once there Is a legal or constructive obligation to transfer economic benefit
to a third paty. il Is protyable that a transfer of economic benefits will be required in settlement and
the arnount of the obligation can be measured rel."ably. Expenditure Is cla55ified by activity. The costs
of e8ch activity are made up of the iotal of airect costs and shared costs. Including support costs
involved In undertaking each activty. Direct ¢osts artnbutable to 3 single activity are allocated directly
lo that activrty. Shared costs which contnbute io More Ihan one activty and support costs which are
not attributable to a single aCt￿vty are apportioned between those activities on a bas15 consislenl with
the use of resource5. Central staff costs are allocated on the basis of timè spent. and depreciation
charges allocated on the portion of the asset's use.
Expendrture on raising funds indudes all expendrture Incurred by Ihe Chanty to raise funds for Its
chantsble purposes and Includes costs of all fundraising activitses events and non-charitsble trading.
Expenditure on charitable a¢tivrf(ie5 Is Incurred on directly undertaking the activities which further the
Chartys objectives. as well as any associated 5UPPOrt costs.
Page 8

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies Icontinuedl
2.4 Expenditurg Icontinu8dl
Grants payable are charged ln the year when the offer is made except in those cases where the offer
is condrtional. such gwnts being recognised a5 expendrture when the conditions attaching are
fu￿illed. Grants offered subject to conditions which have not been met at the year end are noted as a
commitment, but not accrued as expendtture.
All expendrture is inclusive of irTecoverable VAT.
2.5 Interest receivable
Interest on funds held on dep05rt is Induded when receivable and the amount can be measured
reliably by the Charity. this Is nomially upon notification of the interest paid or payable by the
In5titLrtion wrtm whom the funds are deposiw.
2.6 Investments
Fixed asset Investments are a forTn of financial Instrument and are initially recognised at their
transaction cost and subsequently measured at fair value at the Balance Sheet date. unless the valuè
cannot be measured reliabty In which case tt Is measured at cost less Impairment. Investment gains
and losses. whether realised or ￿n￿aliSett. are Combined and presented as "GainsllLossesl on
Investments. In the Statement of Financial Actrwties.
2.7 Debtors
Trade and other debtors are recognised at the settlement arnount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.8 Cash at bank and in hand
Cash at bank and in hand Includes cash and short-lerm highty liquid investrnents with a short maturty
of three months or less from the date ol acqu15rtion or opening of the deposrt or similar account.
2.9 Liabllitie$ and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a resutt of a past
event. it Is probable that 8 transfer of economic benefrt will be required in settlement, and the amount
of the settlement can be estimated reliabty.
Liabilrties are recognised at the amount thai the Charity 8ntlClP8ies il wll pay io sethe the debt or the
amount It has received as advance<1 payments lor the goods or *rvsces Il must provide.
Provisions arè measured at the best e5brn3le of the amounts required lo settle th8 obligation. Where
the effect of the time value of money 15 material. the provision Is based gn the present value of those
amounts. discounted at the pre-tsx ¢iscouni rate that reflects the nsks specific to the liabilrty. The
unwinding of the discount Is recognised in the Statement of Financial Activrties as a finance wst.
2.10 Financial instruments
The Charity only has financial assets and financ&al liabil￿eS of a kind that qualfy as basic financial
instruments. Basic financial Instruments are inrtially recogni5ed at transaction value and subsequently
measured at their settlement v8lue with the exception of bank loans which are subsequently
measured at amortised cost using the effective Intsresi method.
Page 9

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies Icontinuedl
2.11 Fund accounting
General funds are unrestricted fvnds which are available for use at the discretion of the Trustees In
furtherance of the general objectrves of the Charty and which have nol been designated for Other
purposes.
Investment Ineome, gains and losses are allocated to the appropnate fund.
2.12 Cash flow exemption
The a¢Gounts do not Contain a cash flow ststernenl because the charity. as a smail reporting entity. 15
exempt from the requirement to produce such a stalernent.
Crltical accoLtntlng estimates and areas of Judgment
Estimates and judgments are conlinually evalu*ed and are based on historical experience and other
factors. Including expectations of fvrtLtre events th* are believed to be reasonable under the
circumstances.
CTilical accourrting estimates and assumptions".
The Chanty makes estimates and assumption5 concerning the future. The re5utting accounting estimates
and assumptions will by definttion seldom equal the related adual results However. the Trustees are of
the opinion that there are no eslimaies and assumptions thai have a signtficanl risk of causing a material
adjustment to the carrying amounts of assets and Ilab￿1rtle$ wrthin the next finanoal year.
Income from donations and legacies
Un￿StrICted
funds
2023
Total
funds
2023
Total
funds
2022
Legacies
21
21
Investment income
Unrestricted
funds
2023
Total
funds
2023
Investment incoffle - local investrnenl propertses
Income from local listed Investments
Investment income - lo￿1 cash
19.500
19,500
55.122
1.291
55.122
1.291
75913
75,913
Page 10

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCiAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Investment income (continued)
Unrestricted
funds
2022
Total
fvnds
2022
Inveslment income- local investment properbes
Income from local listed Investments
Investment income- local cash
19.5GQ
19,&)0
46,726
185
46. 726
185
66,411
66,417
Investment management costs
Unrestricted
funds
2023
Total
funds
2023
Investment management fees
36.502
36,502
UnrBstricted
fvnds
2022
Total
funds
2022
Investment management fees
36, 860
36,860
Analysis of grants
Grants to
Institutions
2023
Total
funds
2023
Grants, The advancement of research and education
28.500
28.500
Grants to
Institutions
2022
Total
fvnds
2022
Grants. The advancement of researth and educab.on
780, 700
180. TC
Page11

TME WOOSPIAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysis of grnnts Icontinuedl
The Chanty has made the followng m*enal grants lo Instrtutsons during the year.
2023
2022
Name of institution
The Francis Crick Institute
National History Museum
CST
Chai Cancer Care
120,000
50,000
10.000
10,000
Total grants £6,000 and above
4 grants of less than £5,00012022-
20,000
170,000
8,500
10, 700
Grants awarded
28,500
780, 700
Analysis of èxpènditure on charitable activities
Summary by fund type
Unrestricted
fund$
2023
Total
2023
The advancement of research and educalion
78.546
78,546
Unreslncled
funds
2022
Total
2022
The advancement of research and educats'on
230.453
230,453
Anaty5is of expenditurn by activities
Grant
funding of
acti¥iti8s
2023
Support
¢osts
2023
Totsl
funds
2023
The advancement of research and education
28.500
50.046
78,546
Page 12

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysis of expendlture by activities Icontinuedl
Gt3nl
funding ol
activities
2022
Support
Costs
2022
Total
funds
2022
The advancement of research and education
180, 700
49. 753
230,453
Analysis of support costs
Total
funds
2023
Total
funds
2022
Accountancy fees
Legal and professional fees
Bank charges
10,S60
39,096
390
10,080
39,280
393
50.046
49, 753
10.
Indepèndent examinerfs remuneration
2023
2022
Fees payable to the Chanvs independent examiner for the independent
examination of the Chantys annual accounts
10,560
10,080
Trustees, remuneration and expèn$gs
During the year, no Trustees rece￿ed any remuneration or other beneffts (2022- £NIL).
During the year ended 31 December 2023. no Trustee expenses have been incurred (2022- £NILI.
Page13

THE WOOSNAPA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
12.
Invèstment property
Freehold
investment
property
Valuation
At 1 January 2023
403.000
At 31 December 2023
403.000
The investment propety valuation was obtained from an online portal. The trustees did not obtain a
valuation from an independent valuer as they were of th& tspinion that the costs of doing so could not be
justrfied.
13.
Fixed asset investments
Listod
investments
Cost or valuation
Al 1 January 2023
Add(tions
Disposals
Revaluations
2,917,867
737,548
1829.2551
245,237
At 31 December 2023
3,071,397
Net book value
Al 31 December 2023
3,071,397
At 31 De￿rnher 2022
2,917, 867
14. Debtors
2023
2022
Due wtthin one year
Prepay7nents and accrued inwrne
140
140
Page 14

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
15. Credltors: Amounts falling due within one year
2023
2022
Accruals and deferred income
Grants accrued - instr(utional
19,917
116,000
23,885
105,000
135,917
128,885
16. Creditors: Amounts lalling due after MO￿than one year
2023
2022
Accrued grants payable to instltutions
105, 000
17. Financial instruments
2023
2022
Financial assets
Financial assets measured at fair value through income and expenditu
3,071,397
2,917,867
Financial assets measured at fair value through income and expendrture comprise the ¢haritYs
investment portfdio
18. Summary of funds
Summary of funds- currgntyear
Balance at
31
December
2023
Balancè at 1
January
2023
Gainsl
IL03sesl
Income Expenditure
General funds
3.140,844
7S.934
{11 5.0481
278.853
3,380,583
Summary of funds- prior year
Balance al
37
Decemb&r
2022
Balance at
1 January
2022
Gain
(Lossesj
Income E¥penditu
General funds
3. TQ3. 767
66.417
(267.373)
1352.021) 3. 140.844
Page 15

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
19. Related party transactlons
Fees af £20.796 12022 £21.3301 were paid to Laytons LLP for work done by Mr. l. Buman. Fees of
£18,30012022 £17.9501 We￿ pad to Micfel Associates Limited for work done by Mr. M. S. Feldman.
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