VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14.-30.-01 GMT IUTC *OI D 111 P 1119 Charity number- 241736 THE GILBERT AND EILEEN EDGAR FOUNDATION UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14".30".01 GMT IUTC *OI D 111 P ZI19 THE GILBERT AND EILEEN EDGAR FOUNDATION CONTENTS Page Reference and administrative details of the Charityi its Trustees and advisers Trustees. report Indgpendgnt examiner's report statement of financial activities Balance sheet Notes to the financial statements 8-17
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14".30".01 GMT IUTC *OI D 111 P &119 THE GILBERT AND EILEEN EDGAR FOUNDATION REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2024 The Gilbert and Eileen Edgar Foundation was created by the late Mr G H S Edgar and his wife the late Mrs E V Edgar (the Setllorsl by a deed dated 20 January 1965. Trustees A E Gentilli S C E Gentilli Charlty reglstered number 241736 Prlnclpal offlce 2 Communications Road Greenham Business Park Greenham Newbury RG196AB Aceountants James Cowper Kreston 2 Communications Road Greenham Business Park Greenham Newbury RG196AB Bankers HSBC 26 Broad Street Reading RG12BU Sollcltors Forsters LLP 22 Baker Street London W1U 3BW Investment managers Close Brothers Asset Management 10 Crown Place London EC2A 4FT Page 1
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14".30".01 GMT IUTC *OI D 111 P 4119 THE GILBERT AND EILEEN EDGAR FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2024 The Trustees present their annual report together with the financial statements of the The Gilbert and Eileen Edgar Foundation for the year 6 April 2023 to 5 April 2024. Objectives and activities a. Policies and objectives The Foundation has widely drawn objects and may apply up lo half of the Trust Fund and the whole of ils income to such charitable purposes as the Trustees think fit. The Settlors desired that the Trustees in exercising their discretion give preference, bul without obligation, to all or any of the following purposes'.- the promotion of medical and surgical science in all forms the helping of the young, the old and the needy the raising of the artistic taste of the public whether in relation to music, drama, opera, painting, sculpture or otherwise in connection with the fine arts the promotion of education in the fine arts the promotion of academic education the promotion of religion the provision of facilities for recreation or other leisure-time occupation For a large number of years the Trustees have concentrated on making annual grants to a range of charities. The Trustees review the beneficiaries and from time lo time amendments are made to the list. When funds allow the trustees occasionally make one-off grants. In setting objectives and planning for aclivilies, the Trustees h8ve given due consideration to gener81 guidance published by the Charity Commission relating lo public benefit, including the guidance 'Public benefit.. running 8 charity IPB21'. Achievements and performance a. Main achievements of the Charity During the year the Foundation has made 74 12023.. 751 donations to charities benefiting a wide sector of the public. The Foundation has continued to make subslanlial grants for scholarships in the arts and donations lo charities which raise the artistic taste of the public. The work of other charities supported has included the provision of help, support and other services for people suffering from abuse and crime, people with disabilities and people suffering from various medical conditions. The Foundation has also made donations to charities providing support overseas by the provisions of tools and skills to enable people in Africa to eam a sustainable livelihood, and by providing educational books. Financial review a. Going concem After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further detsils regarding the adoption of the going concem basis can be found in the accounting policies. Page 2
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14".30".01 GMT IUTC *OI D 111 P &119 THE GILBERT AND EILEEN EDGAR FOUNDATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 b. Reserves policy The Trustees generally aim to maintain their level of grant making and intend to continue to spend all available income each year and reduce the balance of unspent income. The Trustees have resolved to view the capitsl of the Trust as an expendable endowment so as to provide future income generation for charitable purposes. c. Investment policy The investment policy is lo balan income return with capitsl growth with a moderate exposure to risk. The Trustees receive regular reports from Investec so that they may review the performance of the inveslmenls. d. Risk management The Trustees have reviewed the risks fad by the Foundation and have implemented systems lo miligale these risks. In particular, the Trustees consider that the major risk is the value of the Foundation's investments and the level of investment income. To mitigate this the Trustees use the seNices of a leading investment adviser, Close Brothers. . Overview The attached financial statements show the financial results of the Foundation for the year. Cash investment income received amounted to £83,49912023'. £90,044). Grants lotalling £63,500 {2023.' £63,000) were made during the year. Support costs included in charitable activities tolalled £13,812 {2023: £13,014). The movements in investments are shown in note 9. The Trustees continue to monitor the value of ils investments closely. Structure. governance and management Constitution The Gilbert and Eileen Edgar Foundation is a registered charity, number 241736, and is consliluled under a Trust deed. b. Organisational structure and decision-making policies The constitution of the charity is set out on page 1. The Trustees who have served during the year and since the year end are set out on page 1. Statutory powers of appointing trustees apply. Decisions are made by the Trustees in consullalion with each other. Page 3
VirtualSignalur£ Transaction Rel Dw.N6v3-SKLlx 28 Oct W24 14-.30.-01 GMT IUTC *OI D 111 P &119 THE GILBERT AND EILEEN EDGAR FOUNDATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 statement of Trustees. responsibilities The Trustees are responsible for preparing the Trustees, report and the f1nancial statements in accordance with applicable law and United Kingdom Acwunting Standards Iunited Kingdom Generally Accepted Accounting Practice). The law applicable lo charities in England & Wales requires the Trustees to prepare financial stslemenls for each financial which give a true and fair view of the stale of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial slalements, the Trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimates that are reasonable and prudent., slate whether applicable UK Aecounting Standards IFRS 1021 have been followed, subject lo any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless il is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy al any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity {Accounts and Reports) Regulations 2008 and the provisions of the Tnjsl deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by.. mGlIl29(2ll2474w)TlTC ) A E Gentilli Dale.. 28 October 2024 Page 4
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14.-30.-01 GMT IUTC *OI D 111 P 7119 THE GILBERT AND EILEEN EDGAR FOUNDATION INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2024 Independent Examiner's Report to the Trustees of The Gilbert and Eileen Edgar Foundation {'the Charit) I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 5 April 2024. Responsibilities and Basis of Report As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.lhe 2011 Act'i. 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 the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent Examiner's Statement Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities-. Slalement of Recommended Practice applicable lo charities preparing their accounts in 8ccordance wi(h the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referd to in the exlanl regulations bul has been withdrawn. l understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I h8ve completed my examination. I confirm that no matters have come lo my attention in connection 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 2011 Act., or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements concerning the form and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other mallers in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. This report is made solely to the Charity's Trustees. as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might stste to the Charity's Trustees those mallers l am required lo stale to them in an Independent examinerfs report and for no other purpose. To the fullest exlenl permitted by law, I do not accept or assume responsibility lo anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report. Signed- Dated.. 28 October 2024 Darren O'connor Bsc IHons} FCCA ACA James Cowper Kreslon 2 Communications Road Greenham Business Park Greenham Newbury RG19 6AB Page 5
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14".30".01 GMT IUTC *OI D 111 P &119 THE GILBERT AND EILEEN EDGAR FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2024 Unrestricted Endowment funds funds 2024 2024 Total funds 2024 Total fvnds 2023 Note Income and endowments from.. Investments 83.499 83.499 90,044 Total income and endowments 83.499 83.499 90,044 Expenditure on: Investment management costs Charitable activities 16.677 2.421 16.677 77.312 77,110 76,014 74.891 Totsl exponditurg 74,891 19,098 93.989 93,724 Net incomel{expenditure} before net losses on investments Nel losses on investments 8.608 (19.0981 154,2641 (10.490) 54,264) (3,080) (90,077) Net movement in funds 8.608 (73.3621 164.754) (93, 157) Reconciliation of funds.. Total funds brought forward Nel movement in funds 60.423 8.608 1,663.597 (73.3621 1,724.020 (64.754) 1,877,177 (93, 157) Total funds carried fonNard 69.031 1,590.235 1,659.266 1, 724,020 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 8 10 17 form part of these financial statements. Page 6
VirtualSignalur£ Transaction Rel Dw.N6v3-SKLlx 28 Oct W24 14-.30.-01 GMT IUTC *OI D 111 P 9119 THE GILBERT AND EILEEN EDGAR FOUNDATION BALANCE SHEET AS AT 5 APRIL 2024 2024 2023 Note Fixed assets Investments 1,636.446 1, 705, 767 1,636.446 1,705,767 Current assets Cash at bank and in hand 32,943 28,920 32,943 28,920 Creditors.. amounts falling due within one year 10 (10.1231 (10,667) Net current assets 22.820 78,253 Total assets less current liabilities 1,659.266 1,724,020 Charity funds Endowment funds 11 1,590.235 69.031 1,663,597 60,423 Unrestricted funds 11 Total funds 1,659.266 1,724,020 The financial statements were approved and aulhorised for issue by the Trustees and signed on their behalf by.. A E Gentilli Dale.. 28 October 2024 The notes on pages 8 10 17 form part of these financial statements. Page 7
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14-.30.-01 GMT IUTC *OI D 111 P 10119 THE GILBERT AND EILEEN EDGAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 General inforn)ation The Gilbert and Eileen Edgar Found8tion is 8 registered charity in England and Wales. The address of its registered office is 2 Communications Road, Greenham Business Park, Greenham, Newbury, RG19 6AB. Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordan with the Charities SORP (FRS 102) Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The financial statements have been prepared to give a 'true and fairf view and have departed from the Charities (Accounts and Reports) Regulations 2008 only lo the extent required to provide a 'true and fair, view. This departure has involved following the Charities SORP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The Gilbert and Eileen Edgar Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless olhetwise slated in the relevant accounting policy. 2.2 Income All income is recognised once the Charily has enlillemenl lo the income, il is probable that the income will be received and the amount of income receivable can be measured reliably. Income lax recoverable in relation to investment income is recognised at the lime the investment income is receivable. 2.3 Expenditure Expenditure is recognised once there is a legal or conslruclive obligation lo transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in selllemenl and the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The costs of each aclivity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each aclivily. Direct costs allributable lo a single activity are allocated directly to that activity. Expenditure on raising funds includes all expenditure incurred by the Charity lo raise funds for ils charitable purposes and includes costs of all fundraising activities events and non-charitable trading. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. Grants payable are charged in the year when the offer is made exp1 in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions allaching are fulfilled. Grants offered subjecl to conditions which have not been mel al the year end are noted as a commitment, but not accrued as expenditure. All expenditure is inclusive of irrecoverable VAT. Page 8
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14-.30.-01 GMT IUTC *OI D 111 P 11119 THE GILBERT AND EILEEN EDGAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Accounting policies l¢ontinuedl 2.4 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity., this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. 2.5 Investments Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured al fair value at the Balance sheet dale, unless the value cannot be measured reliably in which case it is measured al cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'GainsllLossesl on investments, in the Statement of financial activities. 2.6 Cash at bank and in hand Cash at bank and in hand includes cash and short-lerm 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. 2.7 Liabilities and provisions Liabilities are recognised when there is an obligation al the Balance sheet dale as a result of a past event. it is probable that a transfer of economic benefit will be required in setllemenl, and the amount of the settlement can be estimated reliably. 2.8 Fund accounting General funds are unrestricted funds which are available for use al the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Investment income, gains and losses are allocated to the appropriate fund. Investment income Unrestricted funds 2024 Total funds 2024 Total fvnds 2023 Income from listed investments 82,604 895 82,604 895 89,248 796 Interest income 83,499 83,499 90,044 Total 2023 90,044 90,044 Page 9
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14-.30.-01 GMT IUTC *OI D 111 P 12119 THE GILBERT AND EILEEN EDGAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Analysis of expenditure on charitable activities Summary by fund type Unrestricted Endowment funds funds 2024 2024 Total 2024 Total 2023 Charitable activities 74,891 2,421 77,312 76,014 Total 2023 73, 774 2,240 T6,014 Analysis of expenditure by activities Grant funding of activities 2024 Support costs 2024 Total funds 2024 Total funds 2023 Charitable activities 63,500 13,812 77.312 76,014 Total 2023 63,(100 13,014 76,014 Analysis of support costs Total funds 2024 Total fvnds 2023 Accountancy fees Independent examination Legal fees Bank charges 7,636 1,248 4,843 85 7,452 990 4,480 92 13,812 73,014 Page 10
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14-.30.-01 GMT IUTC *OI D 111 P 13119 THE GILBERT AND EILEEN EDGAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Analysis of grants 2024 2023 Acadamia Books Abroad Royal College of Surgeons of England 500 500 SCIO 500 1,000 1,000 Armed Forces Gurkha Welfare Trust Royal Star and Garter Homes War Memorials Trust 1,000 500 500 1,000 500 500 2,000 2,000 Arts and Music Bishopsland Educational Trust Elyzabelh Harwood Memorial Trust- Scholarship English National Ballet Fields in Trust 1,000 1,000 1,000 2,000 500 2,000 500 Royal Academy of Arts - Scholarship Royal Academy of Dramatic Art - Scholarship Royal College of Music - Junior Scholarship Royal National Theatre Worshipful Company of Clockmakers 6,000 5,000 9,000 1,000 1,000 6,000 5,000 9,000 1,000 1,000 25.500 26,500 Chlldren Become 500 500 Bliss Brainwave Child Brain Injury Trust Children's Adventure Farm Trust Children in Crisis MERU TLG 500 500 500 500 500 500 500 500 500 1,000 500 500 500 1,000 4,500 4,500 Forelgn IT Schools Africa Livingstone Tanzania Trust New Start Africa 500 500 500 500 500 500 Practical Action 500 500 Survival International The John Fawcett Foundation 500 500 500 500 Page11
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14-.30.-01 GMT IUTC *OI D 111 P 14119 THE GILBERT AND EILEEN EDGAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Tools for Self Reliance 500 500 Wells for India 500 500 4,000 4,000 Medical & Surgical Science Alzheimers Research UK 1,000 500 500 1,000 500 500 Arthritis Research UK Bath Institute of Medical Engineering Blond Mclndoe Research Laboratories Breast Cancer Now CORDA 500 500 500 500 500 500 500 500 DebRA Fight for Sight Meningitis Research Foundation Royal Hospital for Neuro Disabilty Sight Research UK 500 500 500 500 500 500 500 500 6,000 6,000 Recreatlon and Conservatlon Arundel Castle Cricket Foundation Allanlic Salmon Trust 500 500 1,000 soo 500 1,000 500 500 Jubilee Sailing Trust Marine Conservation Society The Wheelyboat Trust 500 500 3,000 3,000 Welfare Action on Elder Abuse Aidis Trust Arthritis Care British Home and Hospital for Incurables Caris Camden 500 soo 500 5QO 500 500 500 1,000 500 500 1,000 500 Changing Faces Compaid Coram Life Education Crimesloppers Trust Deafblind UK DEMAND 500 500 1,000 500 1,000 500 500 500 500 500 Disabilities Trust Down's Syndrome Association Dy5toni8 Society Elizabeth Foundation Howard League for Penal Reform Independent Age Living Paintings Trust 500 500 500 500 500 500 500 500 500 1,000 500 500 1,000 500 Page 12
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14-.30.-01 GMT IUTC *OI D 111 P 15119 THE GILBERT AND EILEEN EDGAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Macintyre Care Marie Curie Cancer Care Marebone Project Missing People Motor Neurone Disease Association 500 500 500 1,000 1,000 500 500 1,000 1,000 500 National Coaslwalch Nightingale Phab 500 500 11 500 500 500 500 Samaritans (Reading) Shine Suslrans Victim Support 500 500 500 500 500 500 500 500 17,500 7T,500 Less.. prior year grants withdrawnlnot taken up (t,500) 63,500 63,0(10 Independent examiner's remuneration The independent examinevs remuneration amounts to an independent examiner fee of £1,200 12023 £9901. Trustees. remuneratlon and expenses During the year. no Trustees received any remuneration or other benefits (2023- £NIL). During the year ended 5 April 2024, no Trustee expenses have been incurred (2023 - £NIL). Page 13
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14-.30.-01 GMT IUTC *OI D 111 P 16119 THE GILBERT AND EILEEN EDGAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Fixed asset investments Listed investments Cost or valuation At 6 April 2023 Additions Disposals Revaluations 1,705.767 425.583 {434,707) 160,197) At 5 April 2024 1,636.446 Net book value At 5 April 2024 1,636.446 Al 5 April 2023 1, 705, 767 The historical cost of the stockbroker portfolio at 5 April 2024 was £1,386,88712023.. £1,396,011). 10. Creditors.. Amounts falling due within one year 2024 2023 Trade creditors Accruals and deferred income 5,452 5,215 5,280 10,123 70,667 Page 14
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14-.30.-01 GMT IUTC *OI D 111 P 17119 THE GILBERT AND EILEEN EDGAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 11. Statement of funds Statement of funds - eurrent year Balance at 6 April 2023 Gainsl Balance at S (Losses) April 2024 Income Expenditure Unrestricted funds Unrestricted Income Fund 60.423 83,499 174.891) 69.031 Endowment funds Capitsl Endowment Fund 1,663.597 (19.098) 154,2641 1,590.235 Total of funds 1,724.020 83,499 193.989) 154,2641 1,659,266 Investment management costs are allocated 100'/0 to the capitsl endowment fund. Legal costs are allocated 50 /0 lo the capital endowment fund and 50 /0 to the unrestricted income fund. The capitsl endowment fund may be expended to an amount, not exceeding in whole, one moiety of the Capital of the Trust Fund. The trust deed permits the Trustees at their discretion lo apply in total up lo half of the capital of the charity It is to be invested and the income used for any charitable purpose al the discretion of the Trustees. The income arising from the capital endowment is unrestricted. The unrestricted income fund of the charity may be applied for any charitable purpose at the discretion of the Trustees. Statement of funds - prior ygar Balance al l April 2022 Gains/ Balance al (Losses) 5 April 2023 Income Expenditure Unrestricted funds Unrestricted Income Fund 44,153 90,044 (73, 774) 60,423 Endowment funds Capital Endowment Fund I, T73,024 (19,350) (90,077) 1,663,597 Totsl of funds 1,877,177 90,044 (93, 124) (90,077) 7, 724,020 Page 15
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14-.30.-01 GMT IUTC *OI D 111 P 18119 THE GILBERT AND EILEEN EDGAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 12. Summary of funds Summary of funds- current year Balance at 6 April 2023 Gainsl Balance at S (Losses) April 2024 Income Expenditure General funds Endowment funds 60.423 1,663.597 83.499 174.891) (19.098) 69.031 1,590.235 {54,2641 1,724.020 83,499 193,9891 (54,2641 1,659.266 Summary of funds- prior year Balance al l April 2022 Gainsl Balance al (Losses) 5 April 2023 Income Expenditure General funds Endowment funds 44,153 1, 773,024 90,044 (73, 774) (19,350) 60,423 7,663,597 (90,077) 1,817,177 90,044 (93, 124) (90,077) 1,724,020 13. Analysis of ngt assats between funds Analysis of ngt assats between funds - current pgriod Unrestricted Endowm8nt funds funds 2024 2024 Total funds 2024 Fixed asset investments Current assets Creditors due within one year 46,211 32,943 110,1231 1,590,235 1,636,446 32.943 110.123) Total 69,031 1,590,235 1,659,266 Page 16
VirtualSignalur£ Transaction Rel DWKJ.N6V3-5KMX 28 Oct 24 14-.30.-01 GMT IUTC *OI D 111 P 19119 THE GILBERT AND EILEEN EDGAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 13. Analysis of net assets between funds {continuedl Analysis of net assets between funds - prior period Unrestricted Endowment fvnds funds 2023 2023 Total fvnds 2023 Fixed asset investments Current assets 42,170 28,920 (10,667) 1,663,597 1,705,767 28,920 (10,667) Creditors due within one year Total 60,423 1,663,597 1,724,020 Page 17