Langdale Trust
Annual Report and Financial Statements
Year ended 30 November 2023
Charity number .' 215317
Feltons
Chartered Accountants
Birmingham
B13JR

Langdale Trust
Report and financial statements
Year ended 30 November 2023
Contents
Pago
Reference and adminislralive details
Report of the trustees
Independent Examinerfs report on the financial statements
Statement of financial activities
Balance sheet
Notes forming part of the financial statements, ineorporaling..
statement of accounting policies
Other notes lo the financial statements

Langdale Trust
Reference and Administrative Details
Forthe year ended 30 November 2023
Trustees
MrT R Wilson
Ms T M Wilson
Mr J M Elvin
Ms N Rieley
Secretary
Ms J Hobday
Principal office and solicitors
Veale Wasbrough Vizards LLP
PO Box 3501
Bristol
BS2 2FL
Charity number
215317
Independent examiner
Feltons
8 Sovereign Court
8 Graham Street
Birmingham
B13JR
Bankers
Lloyds Bank PIC
Westminster House Branch
Epona House
Pheonix Way
Swansea
SA7 9HG
Stockbrokers and investment advisers
EFG Harris Allday
33 Great Charle5 Street
Birmingham
B3 3JN
Page 1

Langdale Trust
Trustees, Report
For the year ended 30 November 2023
The Trustees present their annual report together with the financial slalemenls of Langdale Trust for the year
ended 30 November 2023. The financial slalemenls have been prepared in accordance with the accounting
policies set out in note 1 to the accounts and comply with the Trust's governing document, the Charities Act 2011
and Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard appli¢able in the UK and Republic
of Ireland published October 2019.
OBJECTIVES AND ACTIVITIES
Policies and objectives
Under the Trust's governing documen( the Trustees have wide powers of investment to apply the Trust Fund to
charitable inslilulions or for other charitable purposes within the United Kingdom as the Trustees in their absolute
discretion think fil from lime lo lime. The Trustees have consislenlly followed such terms since the Trust was
founded and this is confirmed in the Trust's grant making policy.
In shaping the Trust's objectives for the year, planning its activities, and reviewing the Trust's grant making policy,
the Trustees have considered the Charity Commission's guidance on public benefit.
The Trustees have monitored the progress of investments lo ensure that the Trust is in a position to achieve ils
objectives.
Activities for aehlevlng objectives
The Trustees have rnade grants in the year lotalling £135,00012022.. £150.000} to various charitable insb'lutions
in furtheran￿ of the above objects.
ACHIEVEMENTS AND PERFORMANCE
Investment policy and performance
The investments are in modest or medium risk securities selected to..
{al give a sufficient financial relum to enable the Trust to carry out its purposes effectively and without
disruption..
maintain. or if possible, enhance the capital value of the investments funds and income derived
therefrom in real terms",
obtain a reasonable balance between capital growth and income so that the Trust can meet future as well
as current needs". and
avoid investments that are unduly risky.
Ib)
Ic)
{dl
The Trust's investments have performed satisfactorily against this policy although the Trustees note that given
the fluctuations in the stock market. the portfolio and risk level will be kept under review. The Trustees have
continued their policy of investing ethically. This investment policy is reviewed annually by the Trustees with the
inveslment advisors and in line with Charity Commission guidance.
The Trustees have taken financial advice during the year from Berry & Oak and are in the process of diversifying
the investment portfolio by appointing several investment managers lo manage dis¢rete investment pols and this
will be pul in place during the course of the next financial year.
Page 2

Langdale Trust
Trustees, Report (continued)
For the year ended 30 November 2023
Financial review
The allached financial slalemenls show the slate of the finances al 30 November 2023 which the Trustees
consider to be sound. Dividends. interest and commission, being the charity's total income, amounted to
£167,60812022.. £171,721) Total expenditure for the yea¥ amounted lo £171,30712022'. £172,237) The deficit
for the year before gains and losses was £3.69912022'. £5161.
AI 30 November 2023 the net 2ssels of the charity lolalled £5.131.162 12022.. £5,533,917}. This figure is
represented by the expendable endowment fund of £4,877,45412022". £5,017,524), an unreslrided designated
fund IA D Wilson Memorial Fund) of £232,011 {2022'. £486.606} plus a general fund of £21,69712022. £29,787),
and propety valued al £224,40312022.. £224,403). The Trustees have included the investments of the charity at
m2rket value which is considered to be the fair value on 30 November 2023, in accordance with requirements of
the Statement of Recommended Practice.. Accounting and Reporting by Charities.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Constitution
Langdale Trust is a charitable trust established by a settlement dated 27 May 1960 {Ihe Settlement}. This
Trust was established lo enable gifts lo be made to other charities.
On 8 June 2012 the Trustees passed a resolution pursuant to Section 280 of the Charities Act 2011 10 include
additional administratThi& provisions in the settlement.
Method of appointment or electlon of trustee$
Trustees are appointed by existing Trustees by Deed of AppOInt￿Ent. The Trustees who served during the year
are sel out on page 1.
Trustees meet annually to oversee the governance of the Tfust, agree the broad strategy and areas of activity for
the Trust including consideration of granl-making. reserves and risk management. policies and performance.
More lately the Trustees have mel virtually in line with Charity Commission guidance. On 23 July 2021, the
Trustees passed a resolution pursuant to Section 280 of the Chartties Act 2011 to include provisions that permit
electronic meetings to be held.
Day-lo-day management of the Trusfs investments is delegated to the investment advisors on a discretionary
investment managed basis. The Trustees annually review the statement of investment policy which governs the
discretionary parameters.
Day to day administration is delegated to the Trustee's solicitors, Veale Wasbrough Vr2ards.
The Trustees are developing an induction pack for new Trustees and keep training needs under review.
The Trustee5 assess applications and award grants in line wFth their grant making policy.
Risk management
There are no major risks identified by the Trustees, though the Trustees are aware that the majority of the Trust's
investments are subject lo variations in the stock market to which the Trust is exposed. These risks are reviewed
annually by the Trustees with the investment advisors who monitor the non-property inveslmenls. The Trustees
also review the Trust's property portfolio with advisors. The Trustees receive details of seminars on matters
affecting charities to assess them in meeting their training needs. The Trustees maintain appropriate insurance
cover.
Page 3

Langdal& Trust
Trustee5' Rèport Icontinuedl
For the year ended 30 November 2023
FUTURE DEVELOPMENTS
The Trustees plan lo Conts'nue the Trusvs existing aclivilies, whilst monitoring investment markets.
TRUSTEES. RESPONSIBILITIES STATEMENT
The Trustees are responsible lor preparing the Trustees, report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Pra¢licel.
The law applicable lo Charities in England & Wales requi￿5 the Trustees to prepare financial statements for each
rinancAal year which give a true and fair view ol the slate ol affairs of the charity and of the incoming resource5 2nd
application of resources of the charity lor that period. In preparing these financial slalemenls. the Tru51ees are
required lo..
select suitable accounting policies and then apply them cons1slenlly',
observe the methods and principle5 in the Charities SORP 2D19 IFRS1021',
make jtjdgrrents and accounbng eslimales Ihal are reasonable and prudent,.
slate whether applicable accoLinling standards have been followed. subject lo any material departures
disclosed and explained in the finanGial slalemenls..
prepare the financial statements on the going concern basis unless il is inappropriate lo presume that the
charity will continue in operation.
The Trustees are responsible for keeping pioper aceounling records that are sufficient lo show and explain the
charity's transactions and disclose with reasonable accuracy al any lime the financial position of the charily and
enable them lo ensure that the financial slalemenls comply with the Charities Act 2011, the Charity (Accounts
and Reports) Regulations 2008 and the provisions of Ihe trust deed. They are also responsible lor safeguarding
the a55els ol the charily and hence for taking reasonable sieps lor the prevention and detection of Iraud and other
irregulerities.
Thjs reTh)rt was appmved by the Tw51ees, on 12 July 2024 and signed on their behalf by..
Mr T R Wll$on
Trustee
Page 4

Independent Examiner's Report to the Trustees of
Langdale Trust
I report lo the charity Iruslees on my examination of the accounts of the charity for the year ended 30 November 2023
whtch are sel out on pages 6 10 16.
Responslbilities and basls of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements
of the Charities Act 2011 I'lhe Acl'}.
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying
out my examination I have followed all the applicable Directions given by the Charity Commission under section
14515llbl of the Act.
Independent examlner's statement
Your allenlion is drawn to the fact th81 the charity has prepared the accounts in accordance with Accounting and
Reporting by Charities. Slalemenl of Recommended Praetice applicable to charities preparing their accounts in
accordance wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland Issued in October 2019
in Preferen￿ lo the Accounting and Reportin9 by Charities.. Statement of Recommended Practice issued on 1 April
2005 which is referred lo in the extant regulations bul ha5 been withdrawn.
l understand that this ha5 been done in order for the accounts lo provide a true and fail view in accordance with the
Generally Accgptgd Accounting Praclits effective for reporting periods beginning on or after 1 January 2019.
I have completed my examination. I confim) that no material matters have come to my attention in conneth'on with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the Act.. or
the accounts do not accord with those re¢grds,' or
the accounts do not cornply wlh the applicable requirements conceming the fom and content of accounts $01
out in the Charities (Accounts and Reports) Regulations 2008 other than any requiiemenl that the accounts
give a 'true and fair view. which is not a matter considered as part of an independent examination.
I have no contsrns and have come across no other matters in connection wth the examination to which attention
sholtld be drawn in thi5 report in order to enable a propel understsnding of the accounts to be reached.
David W Farnsworth FCA
For and on behalf of Feltons
Feltons Chartered Aecounlanls
8 Sovereign Court
8 Graham Street
Birmingham B13JR
31 July 2024
Page 5

Langdale Trust
ststement of financial activities
for the year ended 30 November 2023
UJ)restrlctsd
funds
Endowmènt
funds
Total
Total
2022
2023
Notes
Income
Investments
167,608
167,608
171,721
Total Income
167.608
167,608
171,721
Exp¥nditure
Costs of raising funds.
Management cosis
Charitable activities..
Grants lo institutions
Support costs
1,653
18,631
20.284
11.314
135.000
16.023
135,000
16,023
150,000
10,923
Total expenditure
152,676
18,631
171.307
172,237
Net incomellexpènditurel before
investment gainslllossesl
14,932
118,6311
{3.699}
1516}
Nel Ilosse5llgains on investments
10
1277.6171
1121,439)
1399.0561
1722,1421
Net incomellexpenditurel ￿fOre
transfers
{262,6851
1140.0701
{402,7551
1722,658)
Gross transfers between funds
10
Net movement in fund$
1282,685)
1140,070)
1402.7551
1722,6581
Reconciliation of funds
Total funds brought fOn￿ard
516,393
5,017,524
5.533,917
6,256,575
Total funds ¢arried forward
253.708
4,877,454
5.131.162
5,533.917
All of the charity'$ activities derive from continuing operations during the above two financial periods.
Page6

Langdale Trust
Balance sheet as at 30 November 2023
2023
2022
Notes
Flx•d a$s8t5
Investment property
Investments
224,403
4,876,153
5,100.556
224.403
5.281,872
5,506,275
Current 3ssets
Debtors
Cash at bank and in hand
433
36.621
37,054
4,341
29.657
33,998
Creditors.. amounts falling
due withrn one year
6,448
6,356
Net current assets
30,606
27.842
Net assets
5,131,162
5.533,917
Funds of the charity..
Unrestricted funds
Endowment funds
10
10
253.708
4,877,454
516,393
5,017,524
Total funds
5.131.162
5.533.917
The financial statemen13 were approved by the board of trustees on 12 July 2024 and were signed on its behalf
by..
Mr T R Vvilwn - Trustee
The notes on page¥ 8 to 16 lorm part ofthe58 accounts.
Paoe 7

Langdale Trust
Notes to th¢ financial statements for the year ended 30 November 2023
l. Accounting policies
al General infomiatlon
Langdale Trust is an unincorporated charitable trust registered in England and Wales. The address of the
piincipal Offi￿ is given in the refe￿nce and administrab've details of the charity on page 1 of these financial
statements. The nature of the charity's operations is to apply the Trust fund to charitable insliluiions or for
other charitable purposes within the United Kingdom.
b} Basis of preparation of financial statements
The financial slalemenls have been prepared to give a 'lrue and fair. view and have departed from the
Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view,.
This departu￿ has involved follo￿ring the Accounting and Reporting by Charities.. Slalement of Recommended
Practice applicable to charities preparing their a¢count5 In accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting
by Charities.. Slalemenl of Recommended Practice effective from 1 April 2005 which has since been
withdralfvn.
The financial slalement5 have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended PraGlice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Stsndard applicable in the UK and Republic of I￿land issued in October 2019 (with early
adoption permitlecti, the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland {FRS 1021 and the Charities Act 2011 and UK Generally Accepted Accounting Pia¢li¢e.
The charity constitutes 8 public benefit enlily as defined by FRS 102. The financial slalemenls are prepared
under the historical cost convention unless otherwise slated in the relevant accounting policy note.
cl Going eoncem
The financial statements have been prepared on a going concern basis as the trustees believe that no
material uncertainties exist. The trustees have considered the level of funds held and the expected level of
in¢ome and expenditure for a period of 12 months from the d8le of authorising these financial statements. The
budgeted income and expenditure is sufficient with the level of resetves for the charity to be able to continue
as a going concem.
dl Incom8 rg¢ognition
All incoming restsurces are included in the Statement of Financial Activities ISOFAI once the charity has
entitlernent to the income, it is probable that the income will be received and the amount of income receivable
can be measured reliably.
Page 8

Langdale Trust
Notes to the financial statements for the year ended 30 November 2023 {continued}
1. Accounting poll¢les Icontinuedl
el Expenditure recognitio
All expenditure Is accounted for on an accruals basis and has been classified under headings that aggregate
all Costs related to the category. Expendblure is recognised where there is a legal or constructive obligati()n to
make payments to third parties. it is probable that the settlement wll be required and the amount of the
obligation ¢an be measured reliably. 11 is categorised under the following headings..
Support costs are those costs incurred directly in support of expenditure on the objects of the charity.
Governance costs are those incurred in connection with the administration of the eharily and compliance with
conslitulional and statutory requirements.
Grants payable are charged in the year when the offer is made except in those cases where the offer is
conditional. such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants
offered subject to conditions which have not been met al the year end are noted as a commitment, bul not
accrued as expenditure.
All expenditure is in¢Ju$ive of irrecoverable VAT.
f) Investments
Fixed asset investments are a form of financial instrument and are initially re¢¢gnised at their transaction cost
and subsequently measured at fair value 81 the balance sheet dale. unless fair value cannot be measured
reliably in which case il is measured al cost less impairment. Investment gains and losse5, whether realised
or unreali5ed. are combined and shown in the heading 'Net Ilosse5llgains on inveslmenls. in the Statement of
Financial Activities.
91 Investment propèrty
Investment property is carried at fair value detemiined annually by the Trusltres and derived from the current
market rents and investment property yields for comparable real estate, adjusted if necessary for any
differen¢e in the nature. location or condition of the specific asset. No depreciation is provided. Changes in
fair value are recognised in the Stslement of Financial Aclivilies.
h) Interest recelvable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the
charity. This is normally upon nolifi¢alion of the interest paid or payable by the bank.
il Debtors
Trade and other debtors are re¢ognised al the selllemenl amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any tradè discounts due.
Page 9

Langdale Trust
Notes to the financial statements for the year ended 30 November 2023 (Continued)
1. Accounting pollele$ l¢ontlnuedl
j} Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three
months or less from the date of acquisition or opening of the deposit or similar account.
kl Liabilities
Liabilitie5 are recognised when there is an obligation at the balance sheet dale as a result of a past event. il is
probable that a transfer tsf economic benefit will be required in settlement. and the amount of the selllemenl
can be e51imaled reliably. Liabilities are recognised at the amount that the ¢harily anli¢ipale5 11 will pay lo
settle the debt or the amount il has ￿ceiVed as advanced payments for the goods or services it must provide.
Provisions are measured al the best estimate of the amounts required to setue the obligation.
11 Financial instruments
The charity only has financial asset5 and financial liabilities ot a kind that qualify as basi¢ financial
instruments. Basic financial instruments are initially reGognised al transaction value and subsequently
measured al their selllement value.
m} Fund accounting
General funds are unrestricted funds which are available for use al the di$¢￿tion of the Trustees in
furtherance of the general objectives of the charity and which have not been designated for other purposes.
Desi9nated funds comprise unrestricted funds that have been set aside by the Trustees for particular
purposes. The aim and use of each designated fund is sel out in the notes lo the financial stalemenls.
The Endowment Fund is an expendable endowment. Income generated 1$ lo be used In furtherance of the
charitable objectives. The fund is available lo spend al the discietion of the Trustees.
n} Crltl¢al accountlng estimatss and areas of judgement
Estimates and judgements a￿ continually evaluated and are based on historical experience and other factors.
including expectations of future events that are believed lo be reasonable under the circumstances.
The resulting accounting assumptions wll. by definition. seldom equal the related actu81 results. The
estimates and assumptions that have a significant risk of causing a material adjustment to the ¢arrying
amounts of assets and liabilities wthin the next financial year are the valuation tsf investment property.
Page 10

Langdale Trust
Notes to the financial statements for the year ended 30 November 2023 (continued)
2. Investhnent income
Unrestricted Endowment
funds
funds
Totsl
2023
Totsl
2022
Income from listed investments
167.608
167,608
171,721
167.608
167,608
171,721
2022 total
163,501
8.220
171,721
3. Grants payablo to institutions
Totsl
2023
Total
2022
Institutions .
Agè UK Group
Air Ambulance (Great Western)
81D Sejvices
Birmingham Royal Ballet
Birmingham St Mary's Hospice
Birmingharn Selllemenl
Bowel Cancer UK
Bristol Drugs Proje¢t
British Heart Foundation
Bumblebee Conservation Trust
Calvert Tru51
Carèrs UK
The CorrymÈela Community
Crohns and Colitis UK
Deafblind UK
Dementia UK
tlodfoid Children's Holiday Farm
Future Trees Trust
Galapagos Conservation Trust
Home Start Biislol
Kingswood Trust
Lake District Foundation
The Leprosy Mission
M8paction
hrtarie Curre Cancer Care
4,000
5,000
4.000
6,500
4,000
3,500
4,000
8.000
3,500
4,000
2,000
5,000
4,000
4.000
2,IXJO
4.000
4,000
4,000
4,000
6,OCM)
3.500
4,000
4,000
2,000
4,0
4,000
8.750
3.500
4,000
2,000
2,000
6,000
4,000
4,0
4,OCN)
Carried forward
69.000
83,750
Page11

Langdale Trust
Notes to the financial statements for the year ended 30 November 2023 Icontinuedl
3. Grants payable to Institutions Icontrnuedl
Total
2023
Totsl
2022
Broughl forward
69,000
83.750
Marine Conservation Trust
Meicy Ships
National Trust
Plaees2Ba
Prisoners Abroad
Rainforest Foundation
Relate
Royal Airfoice Benevolent
RNIB
Scout Asso¢ialion- 8th Darlington Icockerton Greenl Scout Group
St George's Youth ¢lub
Stroke Association
Surrey Drug & Alcohol Care {SDACI
Surviv81 Inlemational
Tall Ships Youth Trust
The House on the Com
Up n, Away
Warley Wood Community Trust
Wildlife Trust Warwickshire
Wildlife Tiusl Beds. Cambs & Northants
Youth Moves
4.000
2,CilO
4,000
2,000
4,000
4,000
4.000
4,000
4.000
4,000
2,0
4,000
4,000
4.000
4.000
5.500
4,000
4,000
4,000
4,000
7,500
2,000
4.000
s,000
7.500
3,500
4,000
8,750
4.000
4,000
3,000
Total
135,OC4)
150,000
Total number of grants
35
Page 12

Langdale Trust
Notes to the financial statements for the year ended 30 November 2023 Icontinuedl
4. Analysls of support costs
Unrestricted Endowmertt
funds
funds
Total
2023
Total
2022
Independent examination fee
Legal and professional fee
Sundry expenses
1,950
14,000
73
1,950
14,000
73
1.860
9,000
63
16,023
16,023
10,923
2022 total
10.923
5. Trustees remuneration
During the year no Iruslees received remuneralion12022 .' £nill or benefits in kind {2022 ". £nill.
During the year no Iruslees received reimbursement of travel expenses12022 .' £nill.
6. Inv&stm•nt property
Woodland
Valuation
AI 30 November 2022 and 30 November 2023
224,403
The property was pur¢hased 81 the end of 2016. The Trustees have considered the valuation and deem this
appropriate for the current yoar.
No formal valualion has been undertaken bul this will be reviewed on an annual basis.
7. Flxèd assèt Inv&$tments
Listed
se¢urities
Market value
Al 1 December 2022
Additions
Disposals
Revaluations
5.281,872
310.232
1242.4461
1473.505)
AI 30 November 2023
4,876.153
Page 13

Langdale Trust
Notes to the financial statements for the year ended 30 November 2023 Icontinuedl
8. Debtors
Total
2023
Totsl
2022
Amounts held by investment managers
433
4,341
433
4.341
9. Creditors- amounts fallin9 due within one year
Total
2023
Total
2022
Accruals
6.448
6,356
6.448
6,356
10. Analysis of fvnds
Balance at
10e¢ember
2022
Gains.
Balance at
lo$ses and 30 November
transfer$
2023
Incoming
resources
R•sourc•s
expended
Designated funds
A O Wilson Memorial Fund
435,416
158,781
1135,739}
1277,6171
180.821
RevalLJalion reserve
Woodland
51.190
51,19)
Total designated funds
486,606
158,761
135.739
77.617
232.011
Genèral funds
General fund
29,787
16.93
21.fj97
Totsl Unrestricted funds
516,393
167.608
152,676
277,617
253.708
Endowment funds
Expendable endowment
5,017,524
118.6311
(121,439)
4.877.454
Total funds
5,533.917
167.808
171,307
399,0561
5,131,162
Page 14

Langdale Trust
Notes to the financial statements for the year ended 30 November 2023 Icontinued)
10. Analysis of funds Icontinuedl
Comparative informatlon In respect of the preceding period is as follows .
Balance at
1 December
2021
Galns,
Balance at
losses and 30 November
transfers
2022
Incoming
resources
Resources
expended
Desiynated fund5
A D Wilson Memorial Fund
473.956
153,738
{150.711)
141,567)
435,416
Revaluation ieserve
Woodland
51,190
51,190
Total designated funds
525,146
153.738
150.711
41.567
486,606
General funds
General fund
31.503
9,763
111,479}
29,787
Total Unrestricted funds
556,649
163,501
162,1901
41,567
516,393
Endowment funds
Expendable endowment
5,699.926
8.220
{10,0471
(680.5751
5,017.524
Total funds
6.256,575
171,721
172.237
722,142
5,533,917
Name offund
Description, nature and purpose of fund
AD Wilson Memorial Fund
Thi5 is held in memory of a forrner chairman of Ihe Trust as a reserve for on.
off larger project5 which rnay arise in subsequent years. A woodland was
purchased in the year ending 30 November 2016 and is shown as an
investment property. There is also consideration of a bursarylsponsoiship
for training in forestry/wo(xlland management being explored.
Expendable endowment fund
This lund is the capital endowment arising from the creation of the trust
which is held to generate income for use in furthering the charitable objects.
The fund is available lo spend at the discretion of the Trustees.
Pagè 15

Langdale Trust
Notes to the financial statements for the year ended 30 November 2023 {¢ontinued}
11. Analy$ls of net assets betsveen funds
Fund balances a130 November
2023 are represented by..
Unrestrictèd Endowment
funds
funds
Total
funds
Fixed asset investments
Investment property
Current assats
4,876.153
4,876.153
224,403
37,054
6,448
5,131,162
224.403
35.753
16,4481
253,708
1,301
Total net assets
4,877,454
Comparative infoirnalion in
respect of the preceding period 15
as follows '.
Unrèstrictsd Endowment
funds
funds
Total
funds
FJxed 8ssel Investments
Investrnent property
Current assets
278,707
224,403
19,639
6.356
516,393
5,003,165
5.281,872
224,403
33,998
6,356
5,533.917
14.359
Totsl net assets
5,017,524
12. Related party trans#etion¥
Ms Jairne Hobday Isecreiaryl is a partner of Veal
W8sbrough Vizards LLP
2023
2022
Secretarial seNi¢es recharged by related party during the year
9.000
8.625
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