Charity Reg15tration No. 221309 THE BRADSHAW GASS TRUST TRiJSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 3 JULY 2024
THE BRADSHAW GASS TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees David John Clarke David Mi¢hael Gibson David John Hamer Christopher Warren Haywood Michael Henry Haywood Mark Lawrence Head Julian David Shepherd Chalrman David Michael GibsorF Testator John Bradshaw Gass Deceased (dale of death 3 July 19391 Charity Number 221309 AccountantslPrincipal offlce Haywood & Co Kevan Pilling House 1 Myrtle Street Bolton BL1 3AH Bankers National Weslmlnsler Bank PIC 24 Deansgale Bolton BL1 IBN The COIF Charities Dep0511 Fund 80 Cheapside London EC2V 6DZ Solicitors Fieldings Porter Silverwell House Silverwell Street Bolton BL1 1PT Investment advisors CCLA Investment Management Ltd Sl Alphage House 2 Fore Slroel LDndon EC2Y 5AQ Independent examiner Andiew Simm FCA Smith & Goulding Limited Hamill House 112-116 Chorley New Road Bolton BL1 4DH
THE BRADSHAW GASS TRUST CONTENTS Page Trustees, report Independent examinerfs report Statement of financiat activities Balance she&l Notes lo the accounts 7-15
THE BRADSHAW GASS TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 3 JUL Y 2024 The Trustees prèsent their report and accounts for the year ended 3 July 2024. The accounts have been prepared in accordance Wlth the accounting policies Sel out in note 1 to the financial slalemenls and comply with the Charills Trust deed, the Charities Act 2011 and-Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in ac¢ordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191" 8truGturo. governance and management On 6 December 2006 the Charitable Trust changed ils name from the John Bradshaw Gass Chaiilable Trust lo Bradshaw Gass Trust. The Bradshaw Gass Trust was established LFncSer a Trust De&d dated 7 August 1943 for the benefit of specified charities and lo approve grants in specific circumstanGes sel out under Ihe term5 of the Will of the late John Bradshaw Gass the income has been distributed in 8ccordance with the provisions in the Tiusl Deed. The TrLtslèes who served during the year were., David John Clarke David Michael Gibson David John Hamer Christopher Warr&n Haywood Michael Henry Haywood Mark Lawrence Head Julian David Shepherd Power to appoint new Trustees rests with the continuing Trustees under Section 36 Trustee Act 1925, The Trustees rneel annually lo approve dislribulion8. grant applications and undertake an annual review of the investments with the Trustees investment advisors. Valuallons ol the inveslmenls aTe provided quartedy by the investment managers logelhsr with their recommendations. Rlsk Factors The Trustees have assessed the major risks lo which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure lo the major risks. The Charity disliibules the income which has been received from inveslmenls. The level of grants paid and payments lo beneficiaries is dependent on the amount ol investment income re¢eived. Related Partles Mr C W Haywood and Mr M H Haywood are Trustees of the Ch8rify and partners in Haywood & Co LLP, who are the accounlanls lo the Trustees. The fee5 received by Haywood & Co LLP in the year ended 3 July 2024 amounted 10 £17,700 and included £64 ltsr the Clerks salary. Clause 611) of the Trust Deed authorises the payment of professional tees lo Trustees or any partner thereof. Objectlve5 and actlvltles The objects of the Charity are as follows".- To provide annual income for specified charities To provide bursary awards lo individuals connectéd th the profession of architects To provide grants lo specified Drganisalions To provide grants for picture works of art or other artistic work of Materials or craftsmanship, and To arrange and pay for a Lecture or Lectures on scientific, artistic. literary or muslcal subjects lo be known as the Bradshaw Gass Lectures. Public benaflt statoment The TTuslees comply with the Charity Commissioners guidance on ensuring that they operate for the benelil of the public by making grants lo other local ¢harilies and lo individuals in education who would otherwise suffer financial hardship. The Trusleos have paid due regard lo guidance issued by the Charity Commission in relation lo activities for the public ben&fi'l in deciding what activities the Charity should tjndertake. Achlevements and parfomiance The Trustees continued with their policy of providing grants and bursary awards.
THE BRADSHAW GASS TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 3 JUL Y 2024 Monltorlng achievement The Trustees receive progfftss reports from the students who received a bursary award or scholarship and lellers of thanks from thè charitses and organisalions who received income or grants. Financlal revlew The Charity received income of £67,910 from investments. Management and adminislralive costs amounted lo £20,449 and £57.780 wa5 paid out by the Charity for charitable purposes. There was a surplus on revaluation of investments of £112,140. AI 3 July 2024 the Charity's funds consisted of unreslricled funds of £33,369 12023.. £20,691), designated funds of £16,322 12023.. £22,367>, reslri¢led funds of £77,C154 12023.. £84,0711 and endowment funds of £2,002,28112023'. £1,900,077>. Golng concern Al the time of approving the accounts. the Trustees have a reasonable expectation that the Charity has adequate resources lo continue in c>peralional existence for the foreseeable future. Thus, the Trustèes Continue lo adopt the going wncern basis ol accounting in pparIng the accounts. There are no material unc8rtainlies about the Charity's ability to continue. Grant maklng Policy Under th8 terms of the Ttusl Oeed the incomè is allocated in specific amounts to a numbèr of funds, The Trustees have powers lo reallocate income where charitable objectives have lalled. Applications are made lo the Trustees and considered al Iheii annual meeting. Details of the funds and grat)Is made ara detailed in nolo 8 on page 9. Reserves Pollcy It is the policy of the Charity that unrestrictèd funds which have not been designated for a specific use should be maintained al a level which equal&s lo approximately six month's unreslrided expenditure. This provides sufficient funds Its cover management and adminislralion and support costs. The free reserves of the Charity a13 July 2024 were £49,691 12023.. £43.0581. Investment pollcy There are no reslricligns in the Charity's power lo invest. The Trustees are therefore governed by the Trustee Act 2000 which 18 enshrined in law a slalulory duly of Care. The investment policy of the Trustees is lo maximize income whilst maintaining capi181 growth in low and medium risk unilised inveslmenls. The Trustees lake account ol sla1, environmental and ethical ¢onsideralions when sele¢ling suitable investments. Plans for the futur& The Charity will continue lo provide income and grants lo the various charities and organisalions as specified in the Trust Deed. Statement of Trustees rèsponsibllities The Trustees are responsible for prepsring the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accovnling Standards in¢luding Financial Reporting Standard 102.. The Financial Reporting Standard appli¢ablè in the UK and Republic of Ireland ILlniled Kingdom Generally Accepted AoUntng Practice). The law applicable to Charities in England & Wales iequires the Trustees to PTepare financial slalements foT each financial year which give a true and fair view of the slate of affBirs of the Charlly and of the income and expenditure of the Charlly for Ihal period. In préparing these finanGial slalemenls, the Trustees are required to.. select suitable awunting poliaes and then apply Ihern consislenlly., obseN6 the methods and principles in the Charilies SORP., make judgments 2nd accounting estimates that are reasonable and prudent", stale whether applicable accounting standards have been followed, subject lo any material departures disclosed and explained In the financial statements, and prepare the financial slalemenls on the going concem basis unless il is inapproprial? lo presume that the ¢harity will continue in business.
THE BRADSHAW GASS TRUST TRUSTEES, REPORT ICONTINUEDI FQR THE YEAR ENDED 3 JUL Y 2024 The Trustees are responsible for maintaining proper accounting records which disclose wlh re8sonable accuracy al any lime the financial position of the Charity and enable them lo ensure that the financial slalemenls comply with th6 Charilles Act 2011, the Charity (Accounts and Reportsl Regulations 2008 and the provisions of thè trust éeedlconstitulion. They are also resFX)n8ible for safeguarding the assets of IhEt Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. I declare. In my capacity of Charity Trustee Ihal.. the Trustees have approved the report above.. and have aulhorised me lo sign il on their behalf. C W Haywoo Trustee Dated
THE BRADSHAW GASS TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BRADSHAW GASS TRUST I report on the financial statements of the Charlty for the year endeot 3 July 2024, which are sel out on pages 5 10 15. Thi5 report is made solely lo the Charity's TrLJslees, as 8 body, in accordance with section 154 of the Charities Act 2011. My independenl examiner's work has been unotertaken so that I might state lo the Gharily's Trustees those mallers l am required to slate lo them in an independent examinei's report and for no other purpose. To the fullest exlenl permitted by law. I do not accept or assume responsibility lo anyone other than Ihe Charity, the Charity's members as a body and the Charity's Trustees as a body lor my independent examiner's work, for this report. or for the opinions I have forrned. Responslbilities and basls of report As the Trustees ol the Charity you are responsible for the preparation of the a¢¢ounls In accordance with the requirements of the Charities Act 20111.lhe Act,). I report in respe¢l of my examination ol the Trusteè's accounts carried out under section 145 of the 2011 A¢1 and in carying out my examination I have fc>llowed all thè applicable Dire¢lions given by the Charity Commission under se¢lion 14515llbl of the 2011 Act. Independent pxaminer's $tat8ment I have completed my examination. I confirm that no material mallers havè come lo my attention in conne¢lion wlh the examination givirig me Cause lo believe that in any malet(al respect.. 111 accounting records were not kèpl in respect of the Trust as requir by section 130 of Ihe Act,. or 121 the ac¢ounls do not accord with those records.. or 131 the accounts do not comply with the Applicable requiremenls concerning the form and conlenl of accounts sel out in the Charities IA¢¢oun15 and Reports) Regulations 2008 other than any requirernenl that the acLounls give a 'lrue and fair Vie which 15 not a maller considered 8$ part of an independent exaInation. I h8ve no concerns and have Come across no other mallers in connection with the examination lo whith allenlion should be drawn in this report in order lo enable a proper understanding of tho a¢¢ounls to be re8ched. Signed. Dale... Andrew Slmm FCA Smith & Goulding Limited Hamill house 112-116 Chorley New Road Bolton BL14DH
THE BRADSHAW GASS TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 3 JUL Y2024 Total 2024 Tolol 2023 Notas Unrestrict*d Designated Rèstrlcted Endowment Ftjnds Funds Funds Fund$ Income and èndowments IroTn- Income frtsm invèstments 29,056 29,301 6.207 64,564 64,379 Interest reIVable 3.113 3,113 1,663 other income 233 233 190 Total Income 32,169 29,301 6,440 67,910 66,232 Expendire on.. Charitable aclivilies 19.491 38,544 16,786 4,409 78,230 65,184 Total expenditur& 19,491 38,544 15,786 4,409 78,230 65,184 N8t Income l ¢xpendlture 12,678 19,2431 19,3461 14,4091 110,3201 1,C148 Transfers belween funds 2,421 12,4211 Gains l {Ltsssesl on investmonl assols On disposal 1S On r6valualion 777 4,750 106,613 112.140 130.5921 Net movement in funds 12,678 16,0451 17,0171 102,204 101,820 129,5441 Fund balances al 4 July 2023 20.691 22,367 64,071 1,900,077 2.027,206 2,056,750 Fund balancos at 3 July 2024 33,369 16,322 77,OS4 2,002,281 2,129,026 2,027,206 The breakdown of the 2023 figures between the funds are in note 14 on pagès 12-14.
THE BRADSHAW GASS TRUST BALANCE SHEET ASAT3JULY2024 Unrestrlcted Fund5 D&signated Funds Restricted Funds Endowment Funds Total 2024 Totsl 2023 Notes Flxed As88ts Inveslrnents 15 10,854 81,247 2,001,073 2.093,174 1,981,034 Chief Rent8 10,854 81,247 2.001,074 2,093,175 1,981.035 Current Assets Cash al Bank io 35,649 20,639 17,836 1.207 75,331 74.731 Current Liabilitles Creditois 12,2801 33.369 115,1711 5,468 122,0291 14,1931 139,9801 35,351 128,5601 46,171 Net Current As8&ts 1,207 Totsl Nèt Assets 33,369 16,322 77,054 2,002.281 2,129,028 2,027.206 The Funds of the Charity Endowment Funds 13 2.002,281 2,002,281 77,084 1.900,077 Restricted Funds 13 77,054 84,071 Designated Funds Unrestricted Funds 13 16,322 16,322 22,367 2D,691 13 33.369 33,369 Total CharSty Funds 33,369 16,322 77,054 2,002,281 2.129,026 2,D27.2C The accounts were approved by the Trustees on Signed on behalf of the Trustees. Hayw stee
THE BRADSHAW GASS TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3 JULY2024 1 Accountlng pollcies 1.1 Basis of preparation The accoL*nls have been prepared in accordance with the Charity's Trust deod, the Charities Act 2011 and 'A¢cotJnling and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 leffeclive l January 20191 The Ch8rily is a Publi¢ Benefit Enlily as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for chawilies applying FRS 102 Update Bulletin 1 not lo prepare a Slalemenl of Cash Flows. The accDunls have departed frc>m the Charities (Accounts and Reports) Regulations 2008 only lo the extent required lo provide a true and fair view. This departure has involved following the Slalemenl of Recommended Practice for charities applying FRS 102 rather than the version of the Slalemenl of Recommended Practice which is referred lo in the Regulations, bul which has since been withdrawn. The accounts are prepared in slerfing, which Is the functional currency of the company. Monetary amounts in these financial statements are rounded lo the nearest £. The accounts have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at quoted market price for UK listed Inveslmenls. The accounts include all Iransa¢lions, sssels and liabilities for which the Charity is responsible in law. 1.2 Golng concern Al the lime of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources lo Continue in operational existence lor the foreseeable future. Thus, the Trustees continue lo adopt the going concern basis of accounting in preparing the accounts. There are no material uncertainties about Ihg Charity's ability lo continue. 1.3 Funds Endowment funds ar& funds which the capital musl be maintained", only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which th& endowment was established. Any gains or losses arising on the investments fortn parl of the fund, investment management charges and piolessional advice relating lo the fund are charged against the fund. Restricted funds are funds specrfied in the Trust Deed to support the Ar¢hiteds Benevolent Society, Unity Church, Wa5msley Chapel. Bolton Guild Df Help, Works of Art Fund and Bradshaw Gass Scholarship Fund. Designated funds are funds where the Trustees al their lset10n have created a fund for specrfic purposes. Unrestricted funds are funds which are expendable al the discretion of the Trustees ir) furtherance of the objects of the Chaiily. 1.4 Incoming resources These are induded in the Slalemenl ol Financial Adivilies ISOFAI when.. 1. the Charity becomes legally enlilled lo the benelil of use of Ihe resources,. 2. an inflow of economic benefit is probable., and 3, the monetary value ¢an be measured with sufficient reliability, 1.5 Resources expendad Liabilities are recognised as soon as an oulllow of economic beneftl is probable. Governance costs include costs of the preparation and examination of slatulory accounts, the costs of Trustees meetings and cost of any legal advice lo Trustees on governance or conslitulional matters, All the governance costs have been included in Charitable Activities as a whole rather than be apportioned. Grants payable are charged in the year in whiGh il is probablè they will become payable. 1.6 Cash and cash equlvalènts Cash and ¢ash equivalents include cash in hand, deposits held al call with banks, other short-term liquid investments with oiiginal maturities of three months or less, and bank overdrafts.
THE BRADSHAW GASS TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 3 JUL Y2024 1,7 Fixed asset Investments Fixed asset investments are initially measured al transaction pri excluding transactio costs and are subsequently measured al fair value al each ieporting date. Changes in fair value are recognized in nel incomellexpendilurel for the year. Transaction Gosls are expensed as incurred. 2 Investment Income Unrestricted Deslynated Restrlcted Endowment Total funds funds funds funds 2024 Tol81 2023 Income from listed investments 29,056 29,301 6,207 64,S64 64,379 3 Interest receivable Unrestrlcted Deslgnated funds funds Restricted funds Enrlowment Total funds 2024 Total 2023 Bank interest 3,113 3.113 1,663 4 Other In¢om¢ Unrestricted Deslgnated Restrlcted Endowment Total funds funds funds funds 2024 Total 2023 Ground rent 19D Sale ol books 233 233 233 233 190 The Works of Art Fund made a largé single special donation during 200712008 to fvnd a book on aTchile¢lural history amounting lo £25,285. The Trust receives commission from the sales of the book and has received £3,996 ID date. Incorne will continue lo arise from this source whiGh 15 anlicipaled will repay the donation made. 6 Trustees None of the Trustees lor any persons connected with them) received any remuneration or benefits trom the Charity during the year. 6 Employees l Key Personnel There were no employees during the year. 7 Rtrlated partles Mr C IN Haywood and Mr M H Haywtsod are Trustees of the Charlly and partners in Haywood & Co LLP, who are the accounlanls lo the Trustees. The fees received by Haywood & Co LLP in the year ended 3 July 2024 amounted 10 £17,700 and included £64 lor the Clerks salary. Clause 611) of the Trust Deed aulhorises the payment of professional fees lo Trustees or any partner thereof.
THE BRADSHAW GASS TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 3 JUL Y 2024 8 Grants payable The nel income of the Charitable Trust from unreslricled fund investments for the year ended 3 July 2024, after providing for governance costs, available for distribution amounts to £49,216 and a 11261h share is £1,893. 2024 2023 Grants lo institutions relating lo grants payable comprise.. Restrlcted Funds Archilecls Benevolent Society Bolton Culld of H8lp Bradshaw Gass Scholarship Fund Unity Church Walmsley Chapel Works Df Art 1.893 631 1.894 631 5,OOJ 631 631 631 631 12,000 15,786 8,787 Deslgnated Funds Ar¢hitect5 Benevolent Sociely Birtenshaw Bolton Oeaf Socsely Bolton Guild of Help Bolton Hospice Bolton Lads & Girls Club Bradshaw Gass Educational Fund Fortalice Unity Church Walmsley Chapel Bolton Hospitals Fund 857 2,750 1.200 569 2,000 1,200 12.030 2,750 569 856 2,750 1,200 569 2,000 1.200 17.690 2,750 589 2,119 2,119 12,600 38,544 31,703 Unrestricted Funds Bolton Lads & Girfs Club Bolton Town Centre Chaplaincy Caritas Day trippers Walmdey Chapel YMCA 1,200 1.000 1.000 1.000 250 2,75Q 1,200 6,150 1,200 3.450 Total Grants Payable 57,780 46,640 Grants awarded in the year Grants cancelled or recovered during the year Grants paid during the year Grants payable a13 July 2023 Grants payabtè al 3 July 2024 57,780 48,640 146,9801 26,400 143,8901 23,650 37,200 26,400
THE BRADSHAW GASS TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 3 JUL Y 2024 9 Expenditure on Charitable activitles Unrestrictèd Deslgnatod Restrlcted Endowment funds funds funds funds Total 2024 Total 2023 Grants payable (note 81 3,450 38,544 15,786 67.780 46,640 Accountancy charges 13,227 4,409 17,636 15.896 Independent Examiner's fee 2.280 2.280 2,160 Clerk's salary 64 64 64 Website c051s 348 348 348 Bank charges 23 23 22 Legal fees Sundry expenses 99 99 54 19,491 38.544 15.786 4,409 78,230 65,184 10 Cash at bank Unrestricted funds Desl9nated funds Restricted funds Endowment funds Total 2024 Total 2023 Natwesl Current 12.463 1,207 13.660 7,624 Nalwesl Deposit COIF 23,192 20,639 17,836 61.667 67,103 35,649 20.639 17,836 1,207 75,331 74,731 11 Credltors Unrestrlcted funds De$lgnated funds Restricted funds Endowment funds Total 2024 Total 2023 Accruals 2,280 2,280 2,160 Grants payable 1S,171 22.029 37.200 26,400 2,280 16,171 22,029 39.480 28,560 10
THE BRADSHAW GASS TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 3 JUL Y2024 12 Movement in funds Funds Balance at 4 July 2023 Income Expenditure Movement in funds Balancè at 3 July2024 Revaluation Transf&rs Restriceed Funds Works of Arts Fund liiil Bradshaw Gass Scholarship Fund lil Architects Benevo1enl Society Bolton Guild of Hèlp Unity church Walmsley Chapel 36,493 233 112.QOOI 24,726 47,578 2.421 4,75C> 12,4211 62,329 1,893 11,893} 631 16311 16311 16311 115.7861 631 631 84,071 6,440 4.750 {2,4211 77,054 Deslgnated Funds Archilecls Benevolent Society Birtenshaw Hall 857 18571 2.750 12,7501 15691 112,500} 12,0001 Bolton Guild ol Help Bolton Hospitals Fund livl Bolton Hospice 569 22,367 5,678 777 16,322 2,000 Bolton Deaf Society 1.200 11,2001 Bolton Lads & Girls Club 1.200 11,2001 12.7501 Fortalice Ltd Bradshaw Gass Educational Fund lil) Unity Church Walmsley Chapel 2.750 2,421 9,609 112,0301 569 {5691 12,1191 138.5441 119,4911 14,4091 178.2301 2,119 22,367 29.301 20,691 32,169 1,900,077 2,027,206 67,910 777 2,421 16.322 Unrestricted Fund 33,369 2,002,281 Endowmènt Fund 106,613 112,140 Total Funds 2,129,026 NOTES This fund repre8ent5 accumulated income. Applicants are so infrequent that the Tru8lee5 consider th accumulated income sufficient to meel any request for funding and Ihoittfore continue to treat the Fund 'failed' IDr further general income allocation although this decision will be ctsntinuously reviewed. The Trustee5 considered that their Grant to fund the Bradshaw Gass LectUTe specifically for th& benefit ol sludenls ol aichitecture fell within the donors, wishes lo advance the education of such students, It is their intention lo provide funding for this purpose in the future. This fund is a rnerger of thé University Fund and the Bolton Schools Fund. The Works of Art Fund made A single special donation dLtring 200718 to fund a book on archileclural history amounting lo £25,285. Commission from the sales of the book received amounts to £3,996 10 dale. Income continues lo aiise from this source repays the donation made. A copy ol the book is given as part ol the Bradshaw Gass Educational Fund grant given lo students. This fund repie5ents accumulated income. Applicants are so iiifrequenl that the Trustee5 consider the accumulated income sufficient lo metsl any requ8St for fundin9 and therefore continue lo treat (he Fund 'failed for lurthei general income allocation. This fund was lormerfy Bolton Hospitals Arts Projects
THE BRADSHAW GASS TRUST NOTES TO THE ACCOUNTS {CONTINUED) FOR THE YEAR ENDED 3 JUL Y 2024 13 Analysis of net assets betw&&n funds Unrèslrlcted funds Deslgnated Restricted funds funds Elldowment funds Total Fund balances al 3 July 2024 are repiesenled by.. Investments 10,854 81,247 2.001,074 2,093,175 Current asset5 Creditors.. amounts falling due within one year 35.649 20,639 17.836 1.20Y 75.331 12,280 115.1711 122.0291 139,4801 33,369 16.322 77,054 2.002,281 2,129,026 14 Comparativos for 2023 statement of flnanclal actlvltles Unrestricted Designated Funds Funds Restrictèd Funds Endowm8nt Funds Total 2023 Income and &ndowment* from- Inwme from investments 23,207 34.972 e.200 64.379 Interest CeIV5b1e 1,663 1,663 other Incom8 190 190 Total In¢omè 25,060 34,972 6,200 66.232 Expenditure on: Charitable 8etNilies 20.720 31,703 8,787 3,974 65,184 Total expendlture 20,720 31.703 8.787 3,974 65.184 Net income l expendlture 3,269 12,5871 13,9741 1,048 Transfers between funds 2.413 12,4131 Gains l (Losses) on investment assets On disposal On revaluation 306 12421 130.6561 130,5921 Npt movement in funds 4,340 5,988 15,2421 134.63Ql 129,5441 Fund balances al 4 July 2022 16,351 16,379 89,313 1.934,707 2,056,750 Fund balance8 at 3 July 2023 20,691 22,367 84,071 1,900,077 2,027,2( Investment Income Unrestricted funds Designat8d funds Rgstrlcted funds EndowTnent funds Total 2023 Income from listed investments 23,207 34,972 6,200 64,379 12
THE BRADSHAW GASS TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 3 JULY 2024 14 Comparatlves for 2023 Icontlnued} Expendlture on charltable activitles Unrestricted funds Deslgnated fund5 Restricted funds Endowment fLbnds Total 2023 Grants pay8ble 6,150 31,703 8,787 46,640 Accountancy Charges 11,922 3,974 15,896 Independent Examineff s fee 2.160 2.160 Clerk's salary 64 64 Website costs 348 348 Bank chaiges 22 22 Legal fees Sundry expenses 54 54 20,720 31,7Q3 8,787 3,974 65,184 Cash at bank Unrestrlcted funds Doslgnat&d funds Restricted funds Endowment funds Total 2023 Natwesl Current 2,008 5,616 7.624 Natwesl Deposit COIF 22,039 27,565 17,499 67,103 24,051 27,565 17,499 5,616 74,731 Creditors Unrèstrlcted funds Designated funds Restricted funds Endowment funds Total 2023 Accruals 2,16D 2,180 Grants payable 1,200 15,275 9.925 26,400 3,360 15,275 9,925 28,560 13
THE BRADSHAW GASS TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 3 JUL Y 2024 14 Comparat5ves for 2023 {continuedl Movement in funds Balance at 4 July 2022 Movement In funds Balan¢8 at 3 July 2023 Funds Income Expenditure Rpvaluation Transfers Restricted Funds Woiks ol Arts Fund Bradshaw Gass Scholarship Fund111 Architects 8enevol8nl Society Bolton Guild of Help Unity Church Walmsley Ghapel 36,493 36,493 52,820 2.413 15,OC>O} 1242) 12,4131 47,578 1,894 11,8941 631 16311 {631) 16311 18,7871 631 631 89,313 6.200 12421 12,4131 84,071 D8signated Funds Architects Benevolent Society Birtenshaw Hall 866 18561 2,750 569 12,7501 15691 Bolton Guild of Help Bolton Hospitals Fund 16,379 5,682 306 22,367 Bolton Hospice 2.000 12,OOQI Bolton Deaf Society 1,200 11,2001 11,2001 Bolton Lads & Girls Club 1.200 Bolton Women's Aid Bradshaw Gass Educational Fund lill Unity Church Walmsley Chapel 2,750 12,7501 15,277 117.69CII 2,413 569 15691 {2,1191 131,7031 2,119 16,379 34,972 306 2,413 22,367 Unrestricted Fund 16,351 1,934,707 25.060 120,7201 13,9741 165,1841 20.S91 1,900,077 2,027,206 Eftdowment Fund 130,6561 130,5921 Total Funds 2,056.750 66,232 Analysis of net assets between funds Unrestricted funds Deslgnated fullds Restrict&d funds Endowment funds Total Fund balances al 3 July 2023 are iepresenled by.. Investments 10,077 76,497 1.894,461 1,981,035 Current assets Creditors.. amounts falling due wilhln one year 24,051 27,565 17,499 5.616 74,731 13,3601 115.2751 19,9251 128,560} 20,691 22,367 84,071 1,900,077 2,027,206 14
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