| Unrestricted | Restricted | Total | Funds | ||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | ||||
| INCOME AND EXPENDffURE | |||||||
| INCOMING RESOURCES | |||||||
| Incoming Resources from Generated | Funds | ||||||
| investment income |
43,094 | 58,910 | |||||
| Other Income | |||||||
| Tote!Inconang Resources | 58,9'Io | ||||||
| RESOURCES EXPENDED | |||||||
| Charitable Activiges | |||||||
| Grants and Donations | 3 | 380,000 | 380„000 | 381,750 | |||
| Governance Costs |
6,800 | 3,714 | '!0,514 | 11,865 | |||
| Totai Resources Expended | 386,800 | 3,714 | 390,514 | 393,615 | |||
| Net incoming resources | (343,706) | (3,714) | (347,420) | (334,705) | |||
| Transl'er ofResources | 300,000 | (300,000) | |||||
| Gains (Losses) on Disposals of | Investments | (46,614) | (46,614) | 12,983 | |||
| Gains (Losses) on Revaluation | oflnvestmena | 4 | (74,563) | (74,563) | 6T,642 | ||
| Net Movement in Funds |
(43,T06) | (424,891) | (468,597) | (254,080) | |||
| Total Funds Brought Forward | 72,832 | 1,231,216 | 1,304,048 | 1,558,128 | |||
| Total Funds Carried Forward | 5 | 29.126 | 806,325 | 835,451 | "l,304,048 |
| Page 5 | Page 5 | |||
|---|---|---|---|---|
| VERNON N.ELYCHARITABLE TRUST | ||||
| BALANCE SHEET | ||||
| AT5TH APRIL 2023 | ||||
| 2023 | 2022 | |||
| FIXEDASSETS | ||||
| investmenis at Market Value |
892,877 | 'l,376,773 | ||
| (Ofiginal cost-5520,061 (2022-6760,054) | ||||
| CURRENT ASSETS | ||||
| Debtors | 502 | 813 | ||
| Cash at Bank | 326,435 | 310,712 | ||
| 326,937 | 311,525 | |||
| CREDiTORS: Amounts Falling Due Within One Year |
||||
| Sundry Creditors | 384,250 | |||
| NETCURRENTASSETS | (57,426) | (72,725) | ||
| NETASSETS | 835,451 | |||
| FUNDS | ||||
| Restricted Funds | 806,325 | 1,231,216 | ||
| Unrestricted Funds |
29,126 | 72,832 | ||
| 835,451 | 1,304,048 | |||
| Approved by the Board ofTrustees on 8July 2023 |
||||
| DP Howorth, JSMoyle, S Burdett- Trustees | ||||
| The notes on pages 6to7form a part ofthese accounts. |
| Unrestricted | Restricted | ||||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Total | Funds | ||||
| f | 2023f | 2022 | |||||
| Truslee Fees | 5,500 | 5,500 | 5,000 | ||||
| Independent | Examiners Fees | 550 | 550 | 500 | |||
| Insurance | 750 | 750 | 870 | ||||
| Management | Charges | 3,714 | 3,714 | 5,495 | |||
| 6,800 | 3,714 | 10,514 | 11,865 | ||||
| 3.TOTAL RESOURCES EXPENDED | |||||||
| TOTAL | TOTAL | ||||||
| DONATIONS | COSTSf | 2023 f |
2022 | ||||
| Charitable | Activities | —Grants and Donations | 380,000 | 380,000 | 381,750 | ||
| Governance | Costs | 10,514 | 10,514 | 11,865 | |||
| 380,000 | 10,514 | 390,514 | 393,615 |
| 4 FIXEDASSET INVESTME | NTS | ||||
|---|---|---|---|---|---|
| Opening | Closing | ||||
| Balance | Additions | Dispreals | Revaluation | Balance | |
| 6 | 6 | ||||
| UK listed | 1,376,773 | (409,333) | (74,563) | 892,877 | |
| Total | 'l,376,773 | (409,333) | (74,563) | 892,8?7 |
| 5 TOTAL | FUNDS | |||
|---|---|---|---|---|
| Unrestricted | Reslricted | Total | ||
| funds | Funds | Funds f |
||
| Balance Brought Forward | 72,832 | 1,231,216 | 1,304,048 | |
| Transf'er offunds | 30Q,OQO | (300,000) | ||
| Movement | in Funds forthe Financial Ymu. | (343,706) | (124,89'I) | (468,597) |
| 29,126 | 806,325 | 835,451 |