Registered Charity Number 1171729 THE ANDREW WORKMAN FUND Contents Page Trustees. Report statement of Financial Activities Balance Sheet Notes to the Accounts
THE ANDREWWORKMAN FUND TRUSTEES, REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023 TRUSTEES, RESPONSIBILITIES Charity Law require5 us a5 trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the profit or loss of the charity for that period. In preparing those financial statements, the trustees are required to: _ - select suitsble accounting policies and then apply them consistently, make judgements and estimatss that are reasonable and prudent prepare the financial statements on the going concern basis unle55 it is inappropriate to presume that the charity will continue in bu5ine55. We are responsible for keeping proper accounting records which disclose with reasonable a¢¢ura¢y at any time the financial position of the charity and to ensure that the financial statements comply with the Charities Act 2011. We are also responsible for safeguarding the assets of the charity and hence for reasonable steps for the prevention and detertion of fraud and other irregularitie Trustees Joy Jellings (until 20241 Carole Smith {until 20241 Peter Hall (until 20241 Suzanne Devine (Church Warden of St Martins, North Nibley) John Hay {Church Warden of St Martins, North Nibleyl Rev Lesley Hewish (Priest in charge of St Martins North Nibleyl Prin i) The principal activity of the charty is to advan the Christian Religion in North Nibley for the benefit of the public. by the provision of grants to local organisation5 and individuals. with particular emphasis on those who are less active and close to the Church, the y04Jng to bring them along the path to God, for the elderly, to return to this path should they stray. General Reserve's Policy - We have ascertained that there is no requirement to hold a substantial sum. The Trustees feel that we need to hold only a token sum and that the aim of our charity is to make grants as widely available a5 funds permit. 2) ON BEHALF OF THE TRUSTEES Peter Hall - Chairman
THE ANDREW WORKMAN FUND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st DECEMBER 2023 2023 2022 Unrestricted Endowmènt Total Total Note5 INCOMING RESOURCES Investment Income- Bonds Dep05ft Interest 1.734 224 1,326 3,060 224 2,891 49 1,9S8 1.326 3,284 CHARITABLE EXPENDITURE Charitable Giving ,1921 11.1921 1208) NET INCOMING RESOURCES 766 1.326 2.092 2.732 UNREALISED GAINS ON RE-VALUATION OF INVESTMENTS 2.658 2.658 112.114) NET MOVEMENT IN FUNDS FOR THEYEAR 766 3.984 4.749 19.382) FUNDS BROUGHT FORWARD 12,416 77,615 90,031 99.413 FUNDS CARRIED FORWARD 13,782 81.599 94.780 90.031
THE ANDREW WORKMAN FUND BALANCE SHEET AT 31st December 2023 2023 2022 Notes INVESTMENTS 81,872 77.888 CURRENT ASSETS Balance at Bank 12,909 12,580 less CREDITORS - AMOUNTS DUE WITHIN ONE YEAR 14371 ASss 94781 90.031 Financed ty.- General Pury)oses Fund 13.182 12.416 Endowment Fund 81.599 77.615 94,781 90,031 The financial statements were approved by the Trustees on ON BEHALF OF THE TRUSTEES Peter Hall Chaimian
THE ANDREW WORKMAN FUND NOTES AND SCHEDULES ON THE ACCOUNTS TO 31st December 2023 ACCOUNTING POUCIES al Thè financial statements have been prepared on the histotical cost convention. the accounts are in accordance with applicable accountin9 Standards the Charities SORP IFRS 1021 (Accountin9 and Reporting by Charities) and comply with the Charities (Accounts aThd reports) Regulations 2005. issued under the Charities Art 2011 bl Voluntary income (s received by way of donation and gifts and is included in ir4 the Ststement of Financial Adiv4ties when receivable. The value ol service5 provided by volunteers has not been Included. cl Rest£t$ empended ore recognised in the period in which they are incurred. and include attrlbutable VAT which cannot be recovered. ANALYSIS OF NET ASSETS BY FUND Net assets Unrestricted Funds End¢)wrnent Fund 13.182 81.599 94,781 INVESTMENTS BLK Charities UK Bond Fund A Income BLK Charities UK Equty Fund A Accumulation TOTAL COST ADDITIONS this year 55,L 34,032 1,326 35.358 1,679 1,961 3,640 89,032 1,326 90,358 111,1441 2,658 18,4861 55,LKIO (118231 697 112,1261 REVALUATION brought foNdard REVALUATION THIS YEAR MARKET VALUE 31ST DECEMBER 2023 41874 38,998 81,872 CHARTITABLE GIVING North Niblèy School LeaveTS' Bibles North Nibley School Ising Pop North Nibley School Microphone North Nibley Sch¢)ol "Open the Book" "North Nobley Chapel, Me55y Church Sponsorship 242 450 120 350 1,192