Charity number: 217301
## The John Avins Trust
Report and financial statements For the year ended 29 July 2024
The John Avins Trust
## Contents
## For the year ended 29 July 2024
Reference and administrative information ...................................................................................... 1 Trustees’ annual report .................................................................................................................. 2 Independent examiner’s report ...................................................................................................... 7 Statement of financial activities (incorporating an income and expenditure account) ..................... 8 Balance sheet ................................................................................................................................. 9 Notes to the financial statements ................................................................................................. 10 Appendix – detail of grants made ................................................................................................ 16
The John Avins Trust
## Reference and administrative information
For the year ended 29 July 2024
|Charity number|217301||
|---|---|---|
|Registered office|Shakespeare Martineau||
||1 Colmore Square||
||Birmingham||
||B4 6AA||
|Country of|||
|registration|England & Wales||
|Trustees|Trustees who served during the year and up to the date of this report were||
||as follows:||
||Professor D Cox|Chairman|
||Mrs F Collins||
||Mrs J Millward||
||J Russell||
||M Straker-Welds||
||Mrs S Smith||
|Secretary/Clerk|Ms C Norgrove||
|Bankers|CAF Bank Limited||
||25 Kings Hill Avenue||
||West Malling||
||ME19 4JQ||
|Solicitors|Shakespeare Martineau LLP||
||No 1 Colmore Square||
||Birmingham||
||B4 6AA||
|Investment Advisers|RBC Brewin Dolphin||
||The Chatwin Building||
||81 Colmore Row||
||Birmingham||
||B3 2AP||
|Independent|Sayer Vincent LLP||
|Examiner|Chartered Accountants||
||110 Golden Lane||
||London||
||EC1Y 0TG||
1
The John Avins Trust
Trustees’ annual report
For the year ended 29 July 2024
The Trustees present their report and the financial statements for the year ended 29 July 2024.
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the charity's trust deed, the Charities Act 2011 and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to Charities preparing their accounts in accordance with FRS 102.
## Objectives and activities
The charity’s constitution restricts its grant making to medical charities in or near Birmingham and certain non-medical charities named in the Will of John Avins, of which The Birmingham Blue Coat School and Focus Birmingham (as successor to The Birmingham Royal Institution for the Blind) still exist. The Trustees also provide a yearly sum, to be determined by the Trustees from time to time, to be applied for Science Scholarships at the University of Birmingham and the Eliza Avins Music Scholarship for pupils studying at the Birmingham Conservatoire. The Science Scholarship is paid to the University of Birmingham and the Music Scholarships is paid to the Birmingham Conservatoire.
In respect of the grants given to charities (apart from those specified in the Will), the Trustees only repeat grants for three years at a time, although new applications are considered after a reasonable gap. In reviewing applications, they only consider grants to medical charities providing benefit to individuals living in or near Birmingham. They consider that research and administration in the medical field fulfil these criteria. In considering applications from national charities, the Trustees wish to be assured that the money will be spent or the benefit provided in Birmingham.
The Trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Charity’s aims and objectives and planning future activities. In particular, the Trustees have considered how planned activities will contribute to the aims and objectives set.
## Purposes and aims
The Trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The Trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the Trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes.
2
The John Avins Trust
Trustees’ annual report
For the year ended 29 July 2024
## Achievements, performance and financial review
The charity's main activities and who it tries to help are described above. All its charitable activities focus on grant-making and are undertaken to further The John Avins Trust’s charitable purposes for the public benefit.
The income of the Trust for the year ended 29 July 2024 amounted to £57,470 (2023: £49,431). Administration and governance costs that have been absorbed total £7,443 (2023: £7,130) leaving £50,027 (2023: £42,301) for distribution.
£9,000 (2023: £9,000) was disbursed for scholarships and £30,000 (2022: £34,300) was distributed by way of charitable grants.
At 29 July 2024 the value of the Trust’s investments, including cash awaiting investment, amounted to £1,766,171 compared with £1,656,548 at the previous year end.
The Trustees are satisfied that the Balance Sheet as at 29 July 2024 discloses funds adequate to fulfil the obligations of the Trust.
## Principal risks and uncertainties
The Trustees have reviewed the major strategic and operational risks to which the charity is exposed and are satisfied that management reporting systems are in place to minimise the effects of such risks as may exist.
The Trustees have looked at risks associated with the reputation, purposes, local relevance and financial status of organisations receiving John Avins Trust grants. Applications and annual accounts of the charities and projects concerned are scrutinised by the Trustees at their Board meeting and follow up enquiries made when deemed necessary.
The Trustees consider that the main risk to the charity arises from the performance of its investment portfolio as a result of the combination of uncertain investment markets and volatility in yield. The charity is reliant on dividend yield to finance its work. Liquidity risk is anticipated to be low as all assets are traded. The charity's investments are mainly traded in markets with good liquidity and high trading volumes. The charity has no material investment holdings in markets subject to exchange controls or trading restrictions.
The charity manages these investment risks by retaining expert advisors and operating an investment policy that provides for a high degree of diversification of holdings within investment classes that are quoted on recognised stock exchanges. The charity does not make use of derivatives and similar financial instruments as it takes the view that investments are held for their longer term yield total return and historic studies of quoted financial instruments have shown that volatility in any particular 5-year period will normally be corrected.
3
The John Avins Trust
## Trustees’ annual report
For the year ended 29 July 2024
## Investment Policy
The Trustees have appointed Investment Managers on a discretionary basis who produce regular reports for consideration by the Trustees and who attend their annual meeting to discuss the investment performance and strategy and the outlook for World economies.
There are no restrictions on the Trustees’ powers to invest, although they operate an ethical policy and do not invest directly in tobacco companies.
The Trustees' objectives are:
- 1 the creation of a sufficient financial return to enable the Trust to carry out its purposes effectively and without interruption.
- 2 the maintenance and enhancement of the investment funds in real terms whilst they are invested.
- 3 to obtain a reasonable balance between capital growth and income so that the Trust can meet future as well as current needs.
- 4 to avoid investments that are unduly risky.
The Trustees' policy is to invest in an appropriate mix of assets e.g. property, equities, fixed interest and monetary assets. The Trustees recognise that the returns on equities, while expected to be greater over the longer-term than those of fixed interest and monetary assets, are likely to be more volatile. Investment in a mix of asset classes should nevertheless provide the levels of return required and mitigate volatility for the Trust to achieve its objectives.
## Reserves policy and going concern
It has been the policy of the Trustees in previous years to reduce unrestricted reserves, the charity’s undistributed income, to a minimum and to maintain them at this level. At 29 July 2024 undistributed income amounted to £45,232 (2023: £34,205).
## Plans for the future
The Trustees plan to continue their policy of maximising the Trust’s income with a view to at least maintaining the level of grants awarded.
## Structure, governance and management
The Trust is an unincorporated charity and was founded in 1891 under the Will of John Avins as The John Avins Trust and is governed by a scheme of 23 February 1976 as amended by an order dated 31 August 1977 and further schemes of 5 April 1982 and 2 February 2011. The Trustees were incorporated under the Charitable Trustees Incorporation Act 1872 by an order of the Charity Commissioners on 17 April 1959.
4
The John Avins Trust
Trustees’ annual report
For the year ended 29 July 2024
All matters of policy and management are determined by the Trustees who meet annually and at such other times as circumstances require. The Trustees discuss investment matters with the Trust’s investment advisers, RBC Brewin Dolphin, who have been given authority to manage the portfolio on a discretionary basis.
The charity does not employ staff and hence has no key management personnel. The day-to-day affairs of the charity are administered by the Secretary Clerk to the Trustees and the cost of this service is detailed on the Statement of Financial Activities.
All Trustees give their time voluntarily and receive no benefits from the charity. No expenses are reclaimed from the charity.
## Appointment of trustees, trustee induction and training
The Trustees have power to appoint new Trustees. Prospective Trustees are invited to meet fellow Trustees and, if appointed, are provided with information relating to the aims of the charity and are made aware of the responsibilities that Trusteeship involves. The Trustees take such action as they consider necessary to keep themselves informed of changes to charity law and governance.
## Related parties and relationships with other organisations
The Trustees have disclosed their interests held in the charities with which the Trust cooperates in the pursuit of its charitable objectives in Note 7 of the accounts.
## Statement of responsibilities of the trustees
Law applicable to Charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the period and of its financial position at the end of the period. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:
- Select suitable accounting policies and then apply them consistently
- Observe the methods and principles in the Charities SORP
- Make judgements and estimates that are reasonable and prudent
- State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation
5
The John Avins Trust
Trustees’ annual report
For the year ended 29 July 2024
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. 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.
Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The Trustees’ annual report has been approved by the Trustees on 12 November 2024 and signed on their behalf by
Professor D Cox Chairman
6
Independent auditor’s report
to the members of
The John Avins Trust
## Independent examiner’s report to the trustees of The John Avins
## Trust
I report to the trustees on my examination of the accounts of The John Avins Trust for the year ended 29 July 2024.
This report is made solely to the trustees as a body, in accordance with the Charities Act 2011. My examination has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the trustees as a body, for my examination, for this report, or for the opinions I have formed.
## Responsibilities and basis of report
As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 Accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
- 2 The accounts do not accord with those records; or
- 3 The accounts do not comply with the applicable requirements concerning the form and content of accounts set out 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 no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Name: Fleur Holden FCA Address: Sayer Vincent LLP, 110 Golden Lane, London, EC1Y 0TG
Date: 16 May 2025
7
The John Avins Trust
## Statement of financial activities
For the year ended 29 July 2024
|For theyear ended 29July2024|For theyear ended 29July2024||||||
|---|---|---|---|---|---|---|
|Income
funds
Note
£
Income from investments:
55,665
1,805
57,470
3
9,000
3
30,000
2,336
795
-
412
3,900
46,443
8
-
11,027
Reconciliation of funds:
34,205
45,232
Total funds brought forward
Total funds carried forward
Net movement in funds
11,027
Investment management charges
Total expenditure
Net income / (expenditure) before net gain /
(losses) on investments
Charitable activities
Grants
Clerk's fees
Accountancy and independent examination
Support costs
Governance costs
Clerk's fees
Net gains / (losses) on investments
Bank charges
Scholarships
Investment income
Bank interest
Total income
Expenditure on:||Restricted
Capital
funds
£
-
-|
2024
Total
£
55,665
1,805|Income
funds
£
49,081
350|Restricted
Capital
funds
£
-
-|
2023
Total
£
49,081
350|
||57,470|-|57,470|49,431|-|49,431|
||9,000
30,000
2,336
795
-
412
3,900|-
-
-
-
11,300
-
-|9,000
30,000
2,336
795
11,300
412
3,900|9,000
34,300
2,274
795
-
401
3,660|-
-
-
-
11,057
-
-|9,000
34,300
2,274
795
11,057
401
3,660|
||46,443|11,300|57,743|50,430|11,057|61,487|
|||120,924
(11,300)|120,924
(273)|-
(999)|(38,657)
(11,057)|(38,657)
(12,056)|
||11,027
34,205|109,624
1,656,548|120,651
1,690,753|(999)
35,204|(49,714)
1,706,262|(50,713)
1,741,466|
||45,232|1,766,172|1,811,404|34,205|1,656,548|1,690,753|
All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 12 to the financial statements.
8
The John Avins Trust
## Balance sheet
## As at 29 July 2024
|Note
Fixed assets:
8
Current assets:
Current liabilities:
9
10
12
Total unrestricted funds
Creditors: amounts falling due within one year
Net current assets
The funds of the charity:
Total net assets
Restricted capital funds
Unrestricted income funds:
General funds
Listed investments
Cash at bank
Funds held by investment manager
Total charity funds|£
1,378
57,214|2024
£
1,766,171|728
46,583|2023
£
1,656,548|
|---|---|---|---|---|
|||1,766,171
45,233||1,656,548
34,205|
||58,592
(13,359)||47,311
(13,106)||
||45,232||34,205||
|||1,811,404||1,690,753|
|||1,766,172
45,232||1,656,548
34,205|
||||||
|||1,811,404||1,690,753|
Approved by the trustees on 12 November 2024 and signed on their behalf by
Professor D Cox Chairman
9
The John Avins Trust
Notes to the financial statements
## For the year ended 29 July 2024
- 1 Accounting policies
## a) Statutory information
The John Avins Trust is an unincorporated charity registered with the Charity Commission in England & Wales. The registered office address is Shakespeare Martineau, 1 Colmore Square, Birmingham, B4 6AA.
## b) Basis of preparation
The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The accounts (financial statements) have been prepared to give a ‘true 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 departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.
## c) Public benefit entity
The charity meets the definition of a public benefit entity under FRS 102.
## d) Going concern
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 income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
## e) Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.
Investment income is earned through holding assets for investment purposes such as shares. It includes dividends and interest. Where it is not practicable to identify investment management costs incurred within a scheme with reasonably accuracy, the investment income is reported net of these costs. it is included when the amount can be measured reliably. Interest income is recognised using the effective interest method and dividend income is recognised as the charity's right to receive payment is established.
## f) Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.
The cost of charitable activities includes grants made and an apportionment of support costs.
Governance comprises all costs involving the public accountability of the Charity and its compliance with regulation and good practice. These costs include those related to statutory examination and an apportionment of support costs. The apportionment is based on the Trustees’ best estimate of time spent and is applied on a reasonable and consistent basis.
Expenditure includes VAT which cannot be recovered and which is reported as part of the expenditure to which it relates.
10
The John Avins Trust
Notes to the financial statements
## For the year ended 29 July 2024
- 1 Accounting policies (continued)
## g) Scholarships and grants payable
Grants payable are made to third parties in furtherance of the charity's objects. Single or multi-year grants are accounted for when either the recipient has a reasonable expectation that they will receive a grant and the Trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and that any condition attaching to the grant is outside of the control of the charity.
Provision is made in the financial statements for the Science Scholarship and the Eliza Avins Music Scholarship should these not have been paid during the year. Other grants made by the Trustees are accounted for in the year in which they are paid.
## h) Listed investments
Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. Any change in fair value will be recognised in the statement of financial activities. Investment gains and losses, whether realised or unrealised, are combined and shown in the heading “Net gains/(losses) on investments” in the statement of financial activities. The charity does not acquire put options, derivatives or other complex financial instruments.
The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors.
## i) Debtors
Debtors are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
- j) Cash at bank
Cash at bank 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.
## k) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## l) Financial instruments
The charity only has both basic and non-basic financial assets and financial liabilities. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. Non-basic financial instruments are measured at fair value with any gain or loss going to the statement of financial activities. Full details are given in the financial instruments note.
## m) Fund accounting
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general Objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
11
The John Avins Trust
Notes to the financial statements
## For the year ended 29 July 2024
## 1 Accounting policies (continued)
## m) Fund accounting (continued)
Permanent endowed funds represent donations made to the charity that are held as permanent endowments at the request of the donor. The interest and investment income generated is then spent on the purpose for which the gift was made. The Trustees will seek to maintain the capital and, through prudent investment management, increase it. The capital and capital growth are both protected and cannot be spent on the purpose for which the gift was made.
Expendable endowed funds represent donations made to the charity that are held as endowments, either at the request of the donor or the decision of the Trustees. The interest and investment income generated is then spent on the purpose for which the gift was made. The Trustees will, in general, seek to maintain the capital and, through prudent investment management, increase it. However, the capital and any capital growth will be reviewed annually by the Trustees and, at their discretion, some of the capital and / or capital growth can be spent on the purpose for which the gift was made.
## 2 Charitable status
The Trust is a registered charity, number 217301, and is exempt from income, corporation and capital gains tax provided its income and gains are applied for charitable purposes.
## 3 Scholarships and grant making
|Scholarships and grant making|||
|---|---|---|
|The University of Birmingham
Birmingham Conservatoire
Total scholarships payable during the year
Scholarships awarded:|2024
£
4,500
4,500|2023
£
4,500
4,500|
||9,000|9,000|
In addition to the Science Scholarships payable to The University of Birmingham and the Eliza Avins Music Scholarship payable to The Birmingham Conservatoire, the following grants were made in accordance with the Trust’s objects:
|
the Trust’s objects:|||||
|---|---|---|---|---|
||2024||2023||
||Number|Amount|Number|Amount|
|||£||£|
|Organisations|29|30,000|28|34,300|
Full details of material grants made to organisations during the year are shown in the Appendix.
- 4 Net income / (expenditure) for the year
This is stated after charging:
|This is stated after charging:|||
|---|---|---|
||2024|2023|
||£|£|
|Independent examination fees (excluding VAT)|3,250|3,050|
12
The John Avins Trust
Notes to the financial statements
## For the year ended 29 July 2024
- 5 Trustees' remuneration
The Charity Trustees were neither paid nor received any benefits from employment with the charity in the year (2023: £nil). No Charity Trustee received payment for professional or other services supplied to the charity (2023: £nil). No expenses were paid to, or on behalf of any Trustee (2023: £nil).
The sum of £2,735 (2023: £2,675) was paid to Garrad Enterprises Ltd for the services of the Secretary / Clerk in accordance with the charging clause included in the original will.
## 6 Employees
There were no full time or part time employees during the year.
## 7 Related party transactions
During the year a grant of £2,000 (2023: £2,000) was awarded to Blue Coat School. One Trustee, Mrs Fiona Collins, is an Honorary Governor of the school, with no connection with the day running of the School.
There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
## 8 Listed investments
|Listed investments|||
|---|---|---|
|Fair value at the start of the year
Additions at cost
Disposal proceeds
Net gain / (loss) on change in fair value
Cash held by investment broker pending reinvestment
Fair value at the end of the year
Investments comprise:
Listed shares
Cash|2024
£
1,630,749
281,727
(272,251)
120,924|2023
£
1,697,123
548,019
(575,736)
(38,657)|
||1,761,149
5,022|1,630,749
25,799|
||1,766,171|1,656,548|
||2024
£
1,761,149
5,022|2023
£
1,630,749
25,799|
||1,766,171|1,656,548|
The fair value of listed investments is determined by reference to the quoted price for identical assets in an active market at the balance sheet date.
All investments are carried at their fair value. Investments in equities and fixed interest securities are all traded in quoted public markets, primarily the London Stock Exchange. Holdings in common investment funds, unit trusts and open-ended investment companies are at the middle market price. The basis of fair value for quoted investments is equivalent to the market value, using the bid price. Asset sales and purchases are recognised at the date of trade at cost (that is their transaction value).
13
The John Avins Trust
Notes to the financial statements
## For the year ended 29 July 2024
- 9 Creditors: amounts falling due within one year
|Creditors: amounts falling due within one year|||
|---|---|---|
|Scholarships awarded and paid after date
Accruals: independent examination fees
Accruals: charity management fees|2024
£
9,000
3,900
459|2023
£
9,000
3,660
446|
||13,359|13,106|
## 10 Analysis of net assets between funds (current year)
|Analysis of net assets between funds (current year)||||
|---|---|---|---|
|Current liabilities
Net assets at 29 July 2024
Listed investments
Funds held by investment manager
Cash at bank|General
unrestricted
£
-
1,378
57,214
(13,359)|
Restricted
£
1,761,149
5,022
-
-|Total funds
£
1,761,149
6,400
57,214
(13,359)|
||45,233|1,766,171|1,811,404|
## 11 Analysis of net assets between funds (prior year)
|Analysis of net assets between funds (prior year)||||
|---|---|---|---|
|Net assets at 30 July 2023
Cash at bank
Listed investments
Funds held by investment manager
Current liabilities|General
unrestricted
£
-
728
46,583
(13,106)|
Restricted
£
1,630,749
25,799
-
-|Total funds
£
1,630,749
26,527
46,583
(13,106)|
||34,205|1,656,548|1,690,753|
14
The John Avins Trust
Notes to the financial statements
## For the year ended 29 July 2024
12a Movements in funds (current year)
|Total restricted funds
General funds
Total unrestricted funds
Total funds
Endowed capital
Revaluation reserve
Restricted capital funds:|At 30 July
2023
£
1,231,099
425,449|
Income &
gains
£
-
120,924|
Expenditure
£
(11,300)
-|Transfers
£
-
-|At 29 July
2024
£
1,219,799
546,373|
|---|---|---|---|---|---|
||1,656,548|120,924|(11,300)|-|1,766,172|
||34,205|57,470|(46,443)|-|45,232|
||34,205|57,470|(46,443)|-|45,232|
||1,690,753|178,394|(57,743)|-|1,811,404|
12b Movements in funds (prior year)
|Total restricted funds
General funds
Total unrestricted funds
Total funds
Endowed capital
Restricted capital funds:
Revaluation reserve|At 30 July
2022
£
1,242,156
464,106|
Income &
gains
£
-
(38,657)|
Expenditure
£
(11,057)
-|Transfers
£
-
-|At 29 July
2023
£
1,231,099
425,449|
|---|---|---|---|---|---|
||1,706,262|(38,657)|(11,057)|-|1,656,548|
||35,204|49,431|(50,430)|-|34,205|
||35,204|49,431|(50,430)|-|34,205|
||1,741,466|10,774|(61,487)|-|1,690,753|
15
The John Avins Trust
Notes to the financial statements
## For the year ended 29 July 2024
Appendix - detail of grants made
The following material grants were made to organisations during the year:
|Beyond The Horizon
Birmingham Women & Children's Hospital
Birmingham Disability Resource Centre
Birmingham Settlement
British Liver Trust
Child Brain Injury Trust
British Liver Trust
CBSO
CleanUp UK
Contact
Edith Cavell Funds for Nurses
Happy Days Children's Charity
Movement for non mobile
NMC Midlands
Restore - Birmingham Churches Together
Roy Castle Lung Cancer Foundation
The Hospice Charity Partnership
The OHMI Trust
The Society for Mucopolysaccharide Diseases
Spinal Injuries Association
St. Giles Hospice
Sport 4 Life
Target Ovarian Cancer
Teenage Cancer Trust
Terrence Higgins Trust
Tiny Tim's Children's Centre
Whole Pearson Health Trust
British Disabled Angling Association (BDAA)
Listening Books
Martineau Gardens
Cavell Nurses Trust
George Coller Memorial Fund
Huntingdon's Disease Association
Total
Grants under £1,000
Willow Foundation
Wellbeing of Women
Acacia Family Support
Acorns Children's Hospice
Blue Coat School
Birmingham Royal Ballet
West Midlands Central Accident Resuscitation Emergency (CARE) Team
Sub-total
Neurofibromatosis Association
Children's Liver Disease Foundation
Focus Birmingham
Foundation for Conductive Education (NICE)
Interact Stroke Support
React|Number of
grants
1
-
1
-
1
-
1
1
1
1
1
1
1
-
1
-
1
-
-
1
1
1
1
1
-
1
-
1
1
-
-
1
1
-
1
-
1
1
1
-
1
1
-
-
1
-|
2024
£
1,000
-
1,000
-
1,000
-
1,000
2,000
1,000
1,000
1,000
1,000
1,000
-
1,000
-
1,000
-
-
1,000
1,000
1,000
1,000
1,000
-
1,000
-
1,000
1,000
-
-
1,000
1,000
-
1,000
-
1,000
1,000
1,000
-
1,000
1,000
-
-
1,000
-|Number of
grants
-
1
-
1
-
1
1
1
1
-
-
-
-
1
1
1
-
1
1
-
-
1
-
-
1
-
1
1
-
1
1
-
1
1
-
1
1
1
1
1
1
-
1
-
-
1|
2023
£
-
1,000
-
2,000
-
1,000
1,800
2,000
1,500
-
-
-
-
1,000
1,000
1,000
-
1,000
2,000
-
-
1,000
-
-
1,000
-
1,000
2,000
-
1,000
1,000
-
1,000
1,000
-
1,000
1,000
1,000
2,000
1,000
1,000
-
1,000
-
-
1,500|
|---|---|---|---|---|
||29|30,000|27
1|33,800
500|
||29|30,000|28|34,300|
16