VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 1119 Charity number: 213630 THE GILBERT EDGAR TRUST UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 2119 THE GILBERT EDGAR TRUST CONTENTS Page Reference and administrative details of the Charity. its Trustees and advisers Trustees. report Independent examinerfs report Statement of financial activities Balance sheet Notes to the financial statements 8-17
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 3119 THE GILBERT EDGAR TRUST REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2023 The trust was created by the late Mr G H S Edgar by a deed dated 18 May 1955. The object of the trust is for the Iruslees to apply income to such chafitable rAJrposes and in such proportion as they in their absolute discretion think fil. Trustees S C E Gentilli A E Gentilli Dr R E B Solomons Charity registered number 213630 Principal office 2 Communications Road Greenham Business Parf( Greenham Newbury RG19 6AB Accountants James Cowper Kreston 2 Communications Road Greenham Business Park Greenham Newbury RG19 6AB BankeTS HSBC 6 Market Place Henley-on-Thames Oxfordshire RG9 2AN Solicitors Forsters LLP 31 Hill Street London W1J 5LS Investm8nl managers Inveslec Wealth & Investsnent rnited Colmore Plaza Colmore Circus Bimiingham B4 6AT Page 1
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 4119 THE GILBERT EDGAR TRUST TRUSTEES. REPORT FOR THE YEAR ENDED S APRIL 2023 The Trustees present their annual report together with the financial statements of the The Gilbert Edgar Trust for the year 6 April 2022 to 5 April 2023. Objectives and activities . Policies and objectives The trust has widely drawn objects and may apply its income lo such char(iable purposes as the trustees think fft. For a large number of years the trustees have concentrated on making annual grants lo a range of charities, generally varwng behveen £500 and £1,500. The trustees review the beneficiaries and from time to time amendments are made to the list. When funds allow the trustees CaS1OnallY make larger one-off grants. Most of the beneficiaries are charities concerned with the wetfare of people both in the UK and overseas. The list of grants made during the year is appended to the financial statements and shows the categories of beneficiaries that the trustees are currently supporting. In setting objectsves and planning for activities. the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit. including the guidance 'Public benefit.. running a charity IPB2)'. Achievernents and performance Main achievements of the Charity During the year the charity has made 5312022.. 501 donations to charities benefiting a wide sector of the public, especially charities concerned with the weWare of people both in the UK and overseas. The work of the charities supported has included providing treatment for people who are drug or alcohol dependent, providing help for people wlh learning disabilities, people who are homeless and children suffering from cruelty- It also has included providing medical help and emergency support abroad. Financial review a. Going concom After making appropriate enquiries. the Trustees have a reasonable expectation that the Charity has adequate resources to ntinUe in operational existence for the foreseeable future. For this reason, they continue lo adopt the going conrn basis in preparing the financial ststements. Further details regarding the adoption of the going concem basis can be found in the accounting policie5. b. Reserves policy The trustees generally aim lo match expenditure to income in a given year. Once administration fees have been pald the remalnlng monles are applled io make grants to beneflclarles. The trustees do not conslder It necessary to hold large reserves of unrestricted funds. c. Investment policy The investment policy is lo balance income return with capital growth with a moderate exposure to risk. The trustees receive regular reports from Investec so that they may review the performance of the investments. d. Risk manag8m8nt The trustees have reviewed the risk5 faced by the charty and have implemented systems to mitigate the risks. In particular the trustees consider that the major rFsk is the value of the charity's investments. To mitigate this the trustees use the ServIS of a leading investment adviser, Investec. Page 2
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 5119 THE GILBERT EDGAR TRUST TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 5 APRIL 2023 e. OvoTVieW The attached financial statements show the financial results of the chaiity for the year. Cash investment income received amounted to £54,225 (2022: £50,233). Grants totalling £55,000 12022: £34,500) were made during the year. Support costs included in charitable activities totalled £12,80712022= £8.517). The movements in investments are shown in note 9. The Trustees continue to monitor the value of its investments closely. Structure> govemance and management Constitution The Gilert Edgar Trust is a registered charity, number 213630, and is constituted under a Trust deed. b. Organisational structure and decision-making policies The constitution of the charity is set out on page 1. The Trustees who have seNed during the year and since the year end are set out on page 1. The power of appointing new trustees resides with the existing trustees. Decisions are made by the trustees in consultation Nmth each other. Ststement of Trustees. responsibilities The Trustee5 are responsible for preparing the Trustees, report and the financial sLitements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practs"ce}- The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources. including its income and expendIre, for that period. In preparing these financial statements. the Trustees are required to- select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP {FRS 1021., make judgments and accounting estimates that are reasonable and prudent- stale wtbether applicable UK Accounting Standards {FRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concem basis unless il is inappropriate to presume that the Charity wll continue in bJsine5S. The Trustee5 are responsible for keeping adequate accounting records that are sufFicienl to show and explain the Charitys transactions and disclose wqlh reasonable accuracy at any time the financial position of the Charty and enable them lo ensure that the financial slalemenls comply wqth the Charities Act 2011, the Charty {Accounts and Reports) Regulab"ons 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 3
VkiuaBunatLnTrarffjxlvM Ref. YBV&XXML-YDT5 25 OGI 2023tW..0tr.46 BST{Lrrc +1) 0 111 P 6119 THE GILBERT EDGAR TRUST TRUSTEES. REPORT {CONTINUED FOR THE YEAR ENDED 5 APRIL 2023 Approved by order of the members of the board of Trustees and signed on their behalf by.. S C E Gentilli Dale= 25 October 2023 Page 4
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 7119 THE GILBERT EDGAR TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED S APRIL 2023 Independent Exarninevs Report to the Trustees of The Gilbert Edgar Trust I'the Charity) I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 5 April 2023. Responsibilities and Basis of Report As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the uirements of the Charities Act 2011 1.the 2011 ACY). I report in respect of my examination of the Charitys accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under secb.on 14515llbl of the 2011 Act. Indepondeni Examinorfs Statement Your attention is drawn to the fact that the Charity has Prepared the acciwnts in accordance Mqth Accounting and Reporting by Charities.. Statemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) in preference lo the Accounting and Reporting by Charf(ies= Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations bul has been wthdrawn. l understand that this has been done in order foT the accounts to provide a twe and fair Mew in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act.. or the accounts do not ateord wsth those records" or the accounts do not comply wth the applicable requirements conceming the form and content of accounts sel OLrt in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair. view which is not a matter considered as part of an independent examination. I have concerns and have come across no other matters in connection qth the examination to thich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. This rewrt is made solely to the Charws Trustees, as a body. in accordance with Part 4 of the Charities {Accounts and RekY)rts) Regulations 2008. My work has been undertaken so that I might state to the Charitys TTU5tees those matter5 1 am required to state to them in an Independent examinerfs rewjrt and for no other purpose. To the fullest extent pemiitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charitys Trustee5 as a body, for my Nork or for this report. Signed: Dated.. 25 October 2023 DarTen O'connor Bsc (Hons) FCCA ACA (Senior Auditor) James Cowper Kreston 2 Communications Road Greenham Business Park Greenham, Newbury RG19 6AB Page 5
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 p e119 THE GILBERT EDGAR TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED S APRIL 2023 Unrestricted Endowment funds funds 2023 2023 Total funds 2023 Total funds 2022 Note Income and endowmènis from: Investrments 54,676 54.676 50,622 Total income and endowments 54,676 54.676 50,622 Expenditure on: Investment management costs Charitable actimties 10.486 5.118 10,486 67.807 10.337 43.017 62,689 Total expenditure 62,689 15,604 78.293 53,354 Not expondituro before net {lossesllgains on investments Nel Ilosses)Igains on investments (8,0131 (15.604) 163.039) (23,61n 163.039) (2, 732) 108,255 Net movement in funds (8,0131 178,643) 186,6561 105,523 Reconciliation of funds: Total funds brought forward Nel movement in funds 132,505 (8,0131 992,052 178,643) 1,124,557 186,6561 1,019,034 105,523 Total funds carried forniard 124.492 913.409 1,037,901 1,124.557 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 8 to 17 fomi part of these financial statements. Page 6
VkiuaBunatLnTrarffjxlvM Ref. YBV&XXML-YDT5 25 OGI 2023tW..0tr.46 BST{Lrrc +1) 0 111 P 9119 THE GILBERT EDGAR TRUST 8ALANCE SHEEr AS AT5 APRIL 2023 2023 2022 Note Fixed assets Investments 971.763 1.041.526 971.763 1.041.526 Current assets Cash at bank and in hand 76,380 91,407 76.380 91.407 Credrtors: amounts falling due within one year 10 (10.2421 (8,376J Net current assets 66.138 83,031 Total net assets 1.037.901 1,124.557 Charity funds Endowment funds Unrestricted funds 11 11 913.409 124.492 992.052 132.505 Total funds 1.037,901 1,124,557 The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. S C E Gentilli Dale= 25 Octobgr 2023 The notes on pages 8 to 17 form part of these financkgl stalements. Page 7
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 10119 THE GILBERT EDGAR TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 General inforrnation The Gilbert Edgar Trust is a registered chaTity in England and Wales. The address of its registered office is 2 Communications Road, Greenham Business Park, Greenham. Newbury. RG19 6AB. Accounting policies 2.1 Basis of preparaiion of financial statements The financial statements have been prepared in accordance Mryth the Charitie5 SORP {FRS 1021- Accounting and Reporbng by Charities= Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191, the Financial Reports"ng Standard applicable in the UK and RepublÈc of Ireld IFRS 1021 and the Charities Act 2011. The financial statements have been prepared to give a 'true and fairf view and have departed from the Charities IAccounts and Reports) Regulations 2008 only to the extent required to provide a Irue and fair. view. This departure has involved following the Charilies SORP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charities.. Statemenl of Recommended Practice effective from 1 April 2005 which has since been wthdrawn. The Gilbert Edgar Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical c05t or transaction value unless otherwise slated in the relevant accounting poliry. 2.2 Incom8 Al income is recogni5ed once the Charity has entitlement to the income, it is probable that the income wll be received and the amount of income receivable can be measured reliably. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. 2.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit to a third party, rt is probable that a transfer of economic benefrts wtll be required in seement and the amount of the obligation can be measured reliably. Expendire is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, induding support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. EXTlI1Ure on raising funds includes all expenditrjre incurred by the Charity to raise funds for its charitable purpose5 and include5 Costs of all fundraising activities event5 and non-Charitae trading. Expenditure on charitable actiwties is incurred on diredy undertaking the activities lch further the Charitys objectives, as well as any assouated support costs. Grants payable are charged in the year Nthen the offer is made except in those cases where the offer is condits'onal, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commiknent. but not accrued as expendilure. AJI expenditure is indusive of Irrecoverab VAT. Page 8
VYbJsk9unurnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 11119 THE GILBERT EDGAR TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 Accounting policies Icontinuedl 2.4 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity- this is normally upon notification of the interest paid or payable by the institution wth whom the funds are deposited. 2.5 Investments Fixed asset investments are a fomi of financial instrument and are inilialty recognised al their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in Mthich case il is measured at cost less impairment. Investsment gains and losses. whether realised or unrealised, are ccmbined and presented as 'Gainsl{Lossesl on investments, in the Statement of financial activities. 2.6 Cash at bank and in hand Cash at bank and in hand indudes cash and short-temi highly liq¥Jid investments wqth a short maturity of three month5 or less from the date of zcquisition or opening of the deposit or similar account. 2.7 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past evenl, It Is probaf)le that a transler of economlc beneflt wlll be requlred In settlement, and the amounl of the sÈttlemènt can bè estimated rèliably_ 2.8 Fund accounting General fvnds are unrestricted funds Mthich are available for use al the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Investment income. gains and losses are allocated to the appropriate fund. Page 9
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 1¥19 THE GILBERT EDGAR TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 Investment income Unrestricted funds 2023 Total funds 2023 Total funds 2022 Income from investments 54.225 451 54,225 451 50.233 io 379 Bank interest Other investment income 54,676 54,676 50,622 Total 2022 50,622 50,622 Analysis of expenditure on charitablo activities Summary by fund typ8 Unrestricted Endowment funds funds 2023 2023 Total 2023 Total 2022 Direct costs 62,689 5.118 67,807 43,017 Total 2022 41,057 1,960 43,017 Analysis of axpanditure by activitias Grant funding of activities Support Total funds Total funds costs 2023 2023 2023 2022 Direct costs 55,000 12,807 67,807 43,017 Total 2022 34,500 8,517 43.017 Page 10
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 13119 THE GILBERT EDGAR TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 Analysis of expenditure by acttvities {continued) Analysis of support costs Total funds 2023 Total funds 2022 Activities 2023 Accountancy fees Independent examination ACUntan¢Y admin fees Bank charges Legal fees 3,564 1.260 2.160 81 5,742 3,564 1,260 2.160 81 5.742 3,564 1.236 3.600 117 12,807 12,807 8,517 Total 2022 8,517 8,517 Analysis of grants 2023 2022 Children Gt Ormond St.Chiklren's Hospital Fund National Aub"stic Society NSPCC NSPCC re Childline 500 500 soo 500 1,500 500 1.500 500 Nal. Inst. of Conductive Education Potential Plus UK 1.000 500 1.000 500 st Basils Wellbeing of Women 500 500 500 500 5,500 5,500 DeaflBlind RNIB soo 500 RP Fighting Blindness Sense 500 500 500 500 Telephones for the Blind Fund 500 500 2.000 2.000 Drug Abuse Action on Addiction 1,000 500 1.000 500 Re-solv Release 500 500 Page 11
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 14119 THE GILBERT EDGAR TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 2.000 2.000 Disabilities Canterbury Oast Trust Ltd Hea(hvay- The Brain Injury Assoc HF Trust Ltd Orchard Vale Trust Thomage Hall Independent Living United Response Willow Trust 500 500 500 500 500 500 500 500 500 500 500 500 500 500 3.500 3.500 Homeless Centrepoint Mind 1.500 1.500 1.500 1,500 3.000 3,000 Hospice East Anglia's Children's Hospices Havens Christian H05pice Hospice of St Francis St Columba's Hospi 500 500 500 500 500 500 500 500 2,000 2.000 Medical Cystic Fibrosis Trust Macmillan Cancer Support Pain Relief Foundation Spinal Injuries Association 1,000 1,000 500 500 1,000 1,000 500 500 3.000 3,000 Overseas Bees Abroad British Red Cross 1.000 1.500 1,000 1,000 500 1.000 1,500 1,000 1,000 500 Echo Impact Foundation Prisoners Abroad Save the Children Fund 1,000 1.000 1.000 1.000 WaterHarvesl 7.000 7.000 Research Anthony Nolan Trust Bloodwse 500 500 500 500 Brain Research UK 500 500 Page 12
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 15119 THE GILBERT EDGAR TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 Medical College of St Bartholomews Hospital Trust Prostate Cancer Research Centre 500 1.000 500 1,000 3.000 3,000 Social Elizabeth Finn Care Hambleden Church Council Police Foundation 500 500 500 500 500 500 RABI 500 500 Samaritans 1.500 1.500 3.500 3.500 Youth Nal Aswc of Clubs for Young People 500 500 500 500 Additional grants Phy3ionet Legs4Africa Di5abilty Africa 6,667 6.667 6,666 20,000 Le$$.' prior year grants withdrawnlnol taken up (500) 55,000 34,500 Indepondont examiner's remuneration The independent examinerfs remuneration amounts to an independent examiner fee of £1,260 12022 - £1,236). Trustees. remuneration and expenses During the year. no Tlustees Teceived any remuneration or other benefits (2022- £NIL). During the year ended 5 April 2023. no Trustee exwnses have been incurred {2022- £NILJ. Page 13
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 16119 THE GILBERT EDGAR TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 Fixed asset investments Listod investments Cost or valuation At 6 April 2022 Additions 1.041,526 269,520 1227,2341 1112,0491 Disposals Revaluations At 5 April 2023 971,763 Not book value At 5 April 2023 971,763 At 5 Apn-12022 1,041.526 The historical cost of the investments at 5 April 2023 was £866,066 (2022: £823,780). 10. Craditors: Amounts falling due within one year 2023 2022 Trade creditors Acwals and deferred inwme 2.562 7,680 8,376 10,242 8,376 Page 14
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 17119 THE GILBERT EDGAR TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 11. Statement of funds Statement of funds - Current year Balance at 6 April 2021 Gainsl Balance at 5 (Losses) April 2023 Income Expenditure Unrestricled funds Unrestricted Income Fund 132,505 54,676 162,689) 124,492 Endowment funds Capital Endowment Fund 992,052 (15,604) {63.039} 913,409 Total of funds 1.124,557 54.676 178,293) {63,039} 1.037,901 Investment management costs are allocated 100% to the capital endowment fund. Legal and professional costs including accountacy fees are allocated 55Yo to the capital endowment fund and 45% to the unrestricted income fund. The unrestricted income fund of the charity may be applied for any charitable purpose at the discretion of e trustees. The capital endowment fund is to be invested and the income used for any charitable purpose at the discretion of the trustees. Statement of funds - prior year Balance at 1 Awil 2021 Gain Balance at (Losses) 5Awyl 2022 Income Expenditu Unrestricted funds Unrestricted Income Fund 123.319 50,243 (41,057) 132.505 Endowmont funds Capital EndowTnent Fund 895, 715 (12,297) 108.634 992.052 Total of funds 1,019,034 50,243 {53,354) 108,634 1, 124,557 Page 15
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 18119 THE GILBERT EDGAR TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 12. Summary of funds Summary of funds - current year Balance at 6 April 2022 Gainsl Balance at 5 (Losses) April 2023 Income Expenditure General fvnds Endowment funds 132.505 992.052 54.676 (62,689) (15.604) 124,492 913,409 (63.039) 1.124,557 54,676 178,293) {63,039) 1,037,g01 Summary of funds- prioryear Balance at l April 2021 Gains/ Balance at (Losses) 5 April 2022 Income Expenditure General funds Endowment funds 123,319 895, 715 50.243 (41,057) (12,297) 132,505 992,052 108,634 1.019.034 50.243 (53.354) 108.634 1.124.557 13. Analysis of net assets between funds Analysis of net assets between funds- current year Unrestricted Endowment funds funds 2023 2023 Total funds 2023 Fixed asset investments 33.323 101,411 110,2421 913,409 946,732 101,411 (10,2421 CurTenl assets Creditors due wthin one year Total 124,492 913,409 1,037,901 Page 16
VYbJsk9un*urnTransorbc Ref. YBXxML-yDTS 2S c 20¥3(6...468ST{lrrC +110 111 P 1W19 THE GILBERT EDGAR TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 13. Analysis of net assets between funds {conlinuedl Analysis of net assets between funds- prior year Unrestricted Endowment funds funds 2022 2022 Total funds 2022 Fixed asset investments Current assets 49,474 91,407 (8,376) 992,052 1,041,526 91,407 (8.376J Creditor5 due within one year Total 132.505 992,052 1.124,557 Page 17