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|`Trustees`|`LordEvansofWeardaleKCBDL(chairman)`|`LordEvansofWeardaleKCBDL(chairman)`|
|---|---|---|
||`TheLordLisvaneKCBDL`|`(resigned16.4.24)`|
||`MrBenedictBeddard`|`(from16.4.24)`|
||`MrsAnneDudleyBuchanan`||
||`MrSimonHolden`||
||`ProfessorPaulMartin`|`(from24November2023)`|
||`MrsLyndaMyers`|`(resigned16.4.24)`|
||`TheHon.MrsEmmelineWinterbotham`||
||`MrDmitryYashnikov`|`(from16.4.24)`|
|`ClerktotheTrustees`|`MajorGeneralAndrewKennett`|`CBE`|
|`PrincipalOffice`|`Skinners’Hall,`<br>`8DowgateHill,London,EC4R2SP`||
|`CharityNumber`<br>|`1199923`<br>||





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|`heStatementofFinancialActivitiesoftheCharitycanbesum`|`marisedasfollows:`|||
|---|---|---|---|
||`2024`|`2023`||
||`£`|||
|`Donationsreceived`<br>`Otherincome`|<br>`24,142,929`<br>`62,681`|<br>`570,003`<br>`1,695`|<br> <br>|
||<br>`24,205,610`|<br>`571,698`|<br>|
|`Grantsandcharitableactivities`|`49,629`|`1,842`||
|`Investmentmanagementcosts`|`1,748`||`-`|
|`Netincomingresourcesbeforegainsandlosses`|<br>`24,154,233`<br>|<br>`569,856`<br>|<br> <br>|



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|<br>`Total`|||||||`570,003`|`570,003`|`1,695`<br>|<br>`571,698`||||`1,842`<br>||`(320)`<br>|<br>`569,536`|<br>`569,536`|<br>`569,536`||<br>`569,536`<br>||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|<br>`Total`|||||||`24,142,929`||`59,907`<br>`2,774`<br>|<br>`24,205,610`||<br>`49,629`|`1,748`<br> <br>|`51,377`|`18`|`529,151`<br>|<br>`24,683,402`||<br>`24,683,402`|`569,536`|<br>`25,252,938`<br>||
||`Permanent`|`Endowment`|`Fund`|`£`|||`19,236,199`||`59,827`<br>|<br>`19,296,026`|||`1,407`<br> <br>|`1,407`||`425,387`<br>|<br>`19,720,006`||<br>`19,720,006`|`463,631`|<br>`20,183,637`<br>||
|<br>`Restricted`|`Unrestricted`<br>`Fund`<br>`Expendable`|`Funds`<br>`Heritage& `<br>`Endowment`|`Education`<br>`Fund`|`£`<br>`£`<br>`£`|`Notes`|`Incomefrom:`|`Donations`<br>`844,094`<br>`4,062,636`|`Investments`<br>`Bankinterest`<br>`2,774`<br>`80`<br>||`Totalincome`<br> <br>`846,868`<br>`80`<br>`4,062,636`|`Expenditureon:`|`Grantsandcharitableactivities`<br>|`Investmentmanagementcosts`<br> <br> <br> <br> <br> <br> <br>||`Realisedgainsoninvestments`|`Unrealisedgains/(losses)oninvestments`<br>|`Netincome`<br> <br>`797,239`<br>`21,160`<br>`4,144,997`|`Transfersbetweenfunds`|`Netmovementinfundsfortheperiod`<br> <br>`797,239`<br>`21,160`<br>`4,144,997`|`Balancesbroughtforward`<br>`(147)`<br>`106,052`|`Balancescarriedforwardat30June2024`<br> <br>`797,092`<br>`127,212`<br>`4,144,997`<br>|`Thestatementoffinancialactivitiescontainsallgainsandlossesfortheyear,whichallrelatetocontinuingactivities.`|





||||`2024`||`2023`|
|---|---|---|---|---|---|
||`Notes`||`£`|||
|`Fixedassets`||||||
|`Permanentendowmentfundinvestments`|||`19,933,542`||`463,631`|
|`Expendableendowmentinvestments`|||`3,283,743`|||
|`RestrictedFundinvestments`|||`127,291`||`106,052`|
|`Programrelatedinvestments`|||`1,685,178`|||
||||`25,029,754`||`569,683`|
|`Currentassets`||||||
|`Debtorsandprepayments`||`19,978`||||
|`Cashatbank`||`245,921`||||
|||`265,899`||||
|`Currentliabilities`||||||
|`Amountsfallingduewithinone`<br>`year`||`(42,715)`||`(1,842)`||
|`Netcurrentassets`|||`223,184`||`(147)`|
|`Netassets`|||`25,252,938`||`569,536`|
|`Funds`<br>`Permanentendowment`|||`20,183,637`||`463,631`|
|`Expendableendowment`|||`4,144,997`|||
|`Restrictedfund- Heritage`|||`127,212`||`106,052`|
|`Unrestrictedfund`|||`797,092`||`(147)`|
||||`25,252,938`<br>||`569,536`|





## 

||`Note`|`2024`<br>`£`|`2023`<br>`£`|`2023`<br>`£`|
|---|---|---|---|---|
|`Cashflowsfromoperatingactivities`<br>`Netcashprovidedby(usedin)operatingactivities`|`11`|`1,683,548`|`(1,695)`||
|`Cashflowsfrominvestingactivities`|||||
|`Dividends,interestandrentsfrominvestments`||<br>`62,681`|<br>`1,695`|<br>|
|`Proceedsfromthesaleofproperty`|||||
|`Purchaseofpropertyplantandequipment`<br>`Proceedsfromsaleofinvestments`<br>`Purchaseofinvestments`<br>`Netcashprovidedbyinvestingactivities`<br>`Changeincashandcashequivalentsinthereportingperiod`|<br>|<br> <br> <br> <br>`350`<br>`(1,500,658)`<br>`(1,437,627)`<br>`245,921`|<br> <br>`1,695`|<br> <br>`-`<br>`:`<br> <br>`.`<br>|
|`Cashandcashequivalentsatthebeginningofthereportingperiod`<br>`Cashandcashequivalentsattheendofthereportingperiod`|<br>|<br>`245,921`<br>|<br>|<br>`-`<br>|





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|||`Unrestricted`|`Restricted`|`Expendable`|`Permanent`|`Total`|
|---|---|---|---|---|---|---|
|||`Funds`|`Heritage`|`Endowment`|`Endowment`|`2024`|
|||`£`|`£`|`£`|`£`|`£`|
||`Incomefrominvestments`<br>`Bankinterest`<br>`Donations`|`-`<br>`2,774`<br>`844,094`|`80`<br>`-`<br>`-`|`-`<br>`-`<br>`4,062,636`|`59,827`<br>`-`<br>`19,236,199`|`59,907`<br>`2,774`<br>`24,142,929`|
||<br>|<br> <br>`846,868`|<br> <br> <br> <br>`80`|<br> <br> <br> <br>`4,062,636`|<br> <br> <br> <br>`19,296,026`|<br> <br> <br> <br>`24,205,610`|
||`Comparativefiguresforincomeforyearended30June2023`||||||
|||`Unrestricted`|`Restricted`|`Expendable`|`Permanent`|`Total`|
|||`Funds`|`Heritage`|`Endowment`|`Endowment`|`2023`|
|||`£`|`£`|`£`|`£`|`£`|
||`Incomefrominvestments`<br>`Bankinterest`<br>`Donations`|`1,695`<br>`-`<br>`-`|`-`<br>`-`<br>`100,778`|`-`<br>`-`<br>`-`|`-`<br>`-`<br>`469,225`|`1,695`<br>`-`<br>`570,003`|
||<br>|<br> <br>`1,695`|<br> <br> <br> <br> <br>`100,778`|<br> <br> <br> <br> <br>`“`|<br> <br> <br> <br> <br>`469,225`|<br> <br> <br> <br> <br>`571,698`|
|`3`|`Charitableactivities`||||||
||||||`2024`|`2023`|
||`Grants`||||`£`|`£`|
||`Grantstoindividuals`||||`15,497`|`-`|
||`GrantstoCharitiesProgramme:`<br>`LoughboroughJunction`||||`8,000`|`-`|
||||||<br>`23,497`|<br>`-`|
||`Supportcosts`<br>`Salariesandnationalinsurance`<br>`Printing,postageandtelephone`<br>`Subscriptions`<br>`Audit/examinationfee`<br>`Professionalfee`<br>`Bankcharges`<br>`Meetingexpensesandtravel`||||`5,370`<br>`169`<br>`294`<br>`16,390`<br>`2,161`<br>`7`<br>`1,741`|`-`<br>`.`<br>`-`<br>`1,842`<br>`-`<br>`-`<br>`-`|
||`Totalsupportcost`||||<br> <br>`26,132`|<br> <br>`1,842`|
||`Totalcostofcharitableactivities`||||<br>`49,629`<br>|<br>`1,842`<br>|





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|||`Restricted`||||
|---|---|---|---|---|---|
||`Unrestricted`|`Fund`|`Permanent`|`Permanent`|`Total`|
||||`Expendable`|||
||`Funds`|`Heritage& `|`Endowment`|`Endowment`||
|||`Education`|`Fund`|`Fund`|`2023`|
||`£`|`£`|`£`|`£`|`£`|
|`Incomefrom:`||||||
|`Donations`|`-`|`100,778`|`7`|`469,225`|`$70,003`|
|`Investments`|`1,695`|`=`|`-`|`-`|`1,695`|
|`Bankinterest`<br>||||||
|`Totalincome`<br>|<br>`1,695`|<br>`100,778`|<br>`-`|<br>`469,225`|<br>`571,698`|
|`Expenditureon:`||||||
|`Grantsandcharitableactivities`<br> <br>|<br>`1,842`|<br>`-`|<br>`j`|<br>`s`|<br>`1,842`|
|`Investmentmanagementcosts`<br>||<br>|<br> <br>|<br> <br>|<br>|
||`1,842`|`w`|<br>`=`|<br> <br> <br>`2`|<br>`1,842`<br>|
|`Realisedgains/(losses)oninvestments`||||||
|`Unrealisedgains/(losses)oninvestments`|`-`|`5,274`|`-`|`(5,594)`|`(320)`|
|`Netincome/(expenditure)`<br>|<br>`(147)`|<br>`106,052`|<br>`-`|<br>`463,631`|<br>`569,536`|
|`Transfersbetweenfunds`||||||
|`Netmovementinfundsfortheperiod`<br>|<br>`(147)`|<br>`106,052`|<br>`-`|<br>`463,631`|<br>`569,536`|
|`Balancesbroughtforward`||||||
|`Balancescarriedforwardat30June`<br>||||||
|`2023`<br>|`(147)`<br>|`106,052`<br>|`-`<br>|`463,631`<br>|`569,536`<br>|





## 

||`2024`<br>`£`|`2023`<br>`£`|`2023`<br>`£`|
|---|---|---|---|
|`Permanentendowmentinvestments`<br>`Marketvaluebroughtforward`<br>`Netadditions`<br>`Unrealisedgain/(loss)`<br>`Marketvaluecarriedforward`|<br> <br>`463,631`<br>`19,044,524`<br>`425,387`<br>`19,933,542`|<br> <br>`469,225`<br>`(5,594)`<br>`463,631`|<br> <br>`:`<br> <br> <br>|
|`Permanentexpendableendowmentinvestments`||||
|`Marketvaluebroughtforward`<br>`Netadditions`<br>`Unrealisedgain`<br>`Marketvaluecarriedforward`|<br> <br>`3,201,382`<br>`82,361`<br>`3,283,743`|<br>|<br> <br>`-`<br>`.`<br>`-`|
|`Restrictedfundinvestments`<br>`Marketvaluebroughtforward`<br>`Netadditionsand(disposals)`<br>`Unrealisedgain`<br>`Marketvaluecarriedforward`|<br>`106,052`<br>`(164)`<br>`21,403`<br>`127,291`<br>|<br>`100,778`<br>`5,274`<br>`106,052`<br>|<br>`:`<br> <br> <br> <br>|





## 

|`7`|`Debtors`||||
|---|---|---|---|---|
||||`2024`|`2023`|
||||`£`|`£`|
||`Accruedincome`||<br>`19,978`|<br>`1,695`|
|`8`|`Currentliabilities:Amountsfallingduewithinoneyear`||||
||||`2024`|`2023`|
||||`£`|`£`|
||`Audit`||`16,390`|`1,842`|
||`Othercreditors`||<br>`26,325`|<br>`-`|
||||<br>`42,715`|<br>`1,842`|
|`9`|`Analysisofnetassetsbetweenfunds`||||
|||||`2024`|
|||`Investments`|`NetCurrent`|`Total`|
||||`Assets`||
|||`£`|`£`|`£`|
||`Permanentendowment`|`19,933,542`|`250,095`|`20,183,637`|
||`Expendableendowment`|`4,968,921`|`(823,924)`|`4,144,997`|
||`RestrictedFund- Heritage`|`127,291`|`(79)`|`127,212`|
||`UnrestrictedFund`|`-`|`797,092`|`797,092`|
|||<br> <br>`25,029,754`|<br> <br>`223,184`|<br> <br>`25,252,938`|
|||||`2023`|
|||`Investments`|`NetCurrent`|`Total`|
||||`Assets`||
|||`£`|`£`|`£`|
||`Permanentendowment`|`463,631`|`-`|`463,631`|
||`RestrictedFund- Heritage`|`106,052`|`-`|`106,052`|
||`UnrestrictedFund`|`-`|`(147)`|`(147)`|
|||<br>`569,683`<br>|<br>`(147)`<br>|<br>`569,536`<br>|





## 

||`2024`|`2023`|
|---|---|---|
||`£`|`£`|
|`Quotedsecurities:`<br>`Permanentendowment`<br>`Expendableendowment`|`419,793`<br>`82,362`|`(5,594)`<br>`-`|
|`RestrictedFund- Heritage`|`26,678`|`5,274`|
||<br>`528,833`<br>|<br>`(320)`<br>|



## 

|`Reconciliationofnetmovementinfundstonetcashflowfromoperatingactivities`<br>`2024`|`Reconciliationofnetmovementinfundstonetcashflowfromoperatingactivities`<br>`2024`|`2023`|
|---|---|---|
||`£`|`£`|
|`Netincomeforthereportingperiod(asperSOFA)`|`24,683,402`|`569,563`|
|`Adjustmentsfor:`<br>`Non-cashdonations`<br>`Gainsoninvestments`|`(22,430,594)`<br>`(529,169)`|`(570,003)`<br>`320`|
|`Dividends,interestandrentsfrominvestments`<br>`(Increase)/decreaseindebtors`|`(62,681)`<br>`(18,283)`|`(1,695)`<br>`(1,695)`|
|`Increaseincreditors`|<br>`40,873`|<br>`1,842`|
|`Netcash(usedin)operatingactivities`|`1,683,548`<br>|`(1,695)`<br>|