Charity RcgisttslioTh NUM1￿.. 248397
The Spencer Homes Charity
Annu*l Repon Ind FinarKiNI
for the Year Bnthd 28 D¢ttmber 2023

The Spencer Homes Charity
Contents
Referu￿e al￿ Ad]nint51rative Del8ils
TnJstee5' Report
2103
epcndent Examinetrs Report
Siaiement of Fioancial Activilie8
Bal￿¢ s￿
Notes its th¢ FinHnctal Sla*ments
7t0 13

The Spencer Homes Charlty
Reference and Administrative Details
Charity Registr*tlDn Nuthber
248397
Almihts￿jt Assoclatlon Membtr
Number
1022
Trustees
Mr G Carr (Chair)
J Y Smilh
Rev G l. Hall
Mrs H R MaT5hall
MrDABrow
Mr K N8rry
Dr S Ha￿lSOn
Setrellry
MrSBrn
Prlnclp•l om¢¢
Fold Housc. 6 Tr Fold
LNh¢rsdal¢
Kcighlcy
West Yorkshirr
BD20 8HD
BAnkers
yorkshi￿ BAnk Pl¢
14 bTo4dwoy
Bradford
W¢$i yo￿$hI[¢
BDI IEZ
Independent Exxmlner
Sclina J Annit¥8¢ trCA
Watson ljubklc Limit
IrKiCp¢t￿e[1f Examiner
Yvrk Hot
Cotiinxley B￿lnesS P4Tk
Biodford
BD16 IPE
P#ge I

The Spencer Homes Charity
Trustees, Report
The Trustees present tb¢ hnnual report ¢ogcth¢r with the financial 5tstements of the charity for ihe ycar ended 28
Dccemb¢T 2023.
Strueturel govtrngDte #nd
The Charity is Ihe owmer of six houses ¥TrJ ort flat at RoS¢-in-t1￿ DwlG Lothersdale. When there is i vacancy the
TTusl¢¢$ try ¢0 find H Tesi(knt of ￿h¢[5da1¢ suithbl¢ for appoinnnent as almsperson. bui because of Ihe lack of
transport and shopping fBcilities in Ihc villa8e. there difficulti&8 in fithlittg 5uitsble applicants. Cornsequenily. iii the
&bscncc of 8 suiiablc appliLant. the Tnjsiees m8k¢ th¢ PTOP¢rtiC5 a￿lIable for Ic¢ting lo the gcncrdl public PriOTIIy is
¥iv¢n its $om¢ott¢ in T¢dUG￿ ¢iT¢urrk4lanc¢s or IbviThg in 9j1￿slanda1d accoM￿lI0Th or wkn has some conneciion
Loih¢rsdile.
All new Tru8tee5 are given an introduction lo the of lh¢ Tnw by lh¢ exi$tittg Tms*¢8 and are Also provid¢d wilh
Chsriiy Commission publi￿11￿n CC3 '7k FAgeniiil Tn￿¢C¢. whli y¢Ju ned to know, Bnd CCIO 'The 14allmHrk5 of an
EtT¢Lti¥¢ Charily,.
The Trustees of the Chftrity hold meelui88 ¢very thffe uDle5s Ihcrc wrc Tccial ¢i￿umStanceS Ihjl rcouirc
addiiiunml mL￿Lnus. Th¥r¢ hav¢ b¢¢n no changes lo Ihc Trustec5 this year. Maintaining the numbcr of Truslees Al $cvcn
is uf wat be￿rit and cnabks the Truslees to coniinue the resp)rthbiliiies of pYoJw mgnwent and a¢iing &q
rc5POll8Lblc Social Landlord.
In 8¢ttin8 and revhewin8 our iims lh¢ Tnth¢es knve given careful considerati¢Jn lo Ihe Charity Commission'5 guid&nce
on public benefil.
Obltetfvt$ *nd att1￿￿
The Trusiees review Ihc rents annually in Mar¢h after ¢0tt8id¢ration ofthc Budw of wrtd cxpcndilurc. Thi5 yCllT
lh¢ Tru8iee$ d￿lded 10 mth tto Incre￿ lo thE Tenls. they ¢onsbthr the current maiTrtena￿e charge is achievin8 value
fur m(Trncy.
Thc Twsleex hav¢ contithu¢d to mainiaiTh Ihc propcrfic5 lo a bigh slandard of re￿iT aryj scek lo make imwovLments
cithcr whcn prop¢rt1¢5 bccomc va¢4nt or when nceth are idcThtifi¢d. The Five Yearly Quinquennial Insp¢¢iiott 10
idenlify and impleJJKnt planned Mallltenar￿ and imwivemeni$ ¢4rried out in S¢p¢¢mb￿ 2019.
Thc Tru51 propErtics havc 8 privale walcr Supply atw] etLSuring that boih the qualÉly 8nd quantity of ihc water is
mainlained is a constant COELcern. Watu quality te*in8 h&s been maintsits￿ and run¢di41 WOTk5 id¢rtlifi¢d dult
with.
Houslng Pmperty A¥Jets
Details of Lhan¥e5 to the chariticq asws are ill ThM¢ 10 and I l.
Po81 Bolinee Sheet Evenij
We consider that Ihere have no evenls $itte the year ¢nd th•1 hav¢ h*J a siBnifKAnt cffe¢i on th¢ tW51% financi&l
po%ition.
Goln% Concern
Aft¢r makinE enqijiries. Ihe Tm$ict8 a re*¥onobk ¢Al￿%￿lIon tht the charity has adcquHte Te50urces lo continue
in opcrational ¢xi5*nc¢ for Ihc foTcKcablc fulure. knng a period ofThvelve months after the dale on which ihe report
and financial slal¢rncn15 are signed. FOT this re8son, li coniinues 10 adopt the going toncern b8sis in th¢ finÈnci81
$￿tementS.
Pag¢ 2

The Spencer Homes Charity
Trustees, Report
ReseTheb pollty
The Twslecs have Tw¢wed thr Chlritys for the reserves in line wsth the ￿lIdance issued by the Charity
Commi￿10￿ and consider It PTudeni Ihat reswves sknuld bt suffiti¢nt io Avoid th¢ necessily 10 1¢4lÈs¢ fixed assets. The
Tn)siee8 ore confident that fi]tUTe income will enablc the Chwrity to meet its for&￿•ble need5 on thc ba5i5 of pl&thr*l
¢xp¢ttdiiurc.
Tolal charity funds at 28 Deccml)er 2023 werc £417.273 {2022 - £382.6271. The a￿U￿1 of rc¥e¥vc5 Aftes m8kin8
allo￿ne¢S for reskncied funds And lied up in tangib￿ fixed asxts or proBrammc Telalcd invcslmcnts &mouni¢d io
£43,39612022- £37.807).
Rljk mattgg¢m¢nt
Thc Tru51ces give considcraiion to the mjor risk$ 10 whith the Chwity 1$ $￿en￿* which Ire d¢&i￿d lo
mitigaic ihose risks on an ongoin8 bas15.
Ind￿rndeNt ex4mlntT
Th¢ re appoinlm¢nt of Wat$oD Byckle Limited wL8 agteed by the Trustees.
Publlc benefit
Th¢ Tru$1¢¢5 ronfimi thai Ihey h*v¢ ¢omplied with the rtquirunents of section 17 of ihe Ch8Tithes Act 201 I to have due
regard lo the public benefit guidance ￿blished by the Ch•rity Commiswon for Engi4rn14nd W•l¢8.
Value for money
Thc 'fnL8l¢¢s mindfvl of lh¢ ne¢d ￿ obtain value for 1Th￿cY in all tfallS8¢1ions enlered into on behalf of the charity
when major work¥ &re un(krtaken a com￿1117¥¢ l¢nd¢r is urri¢J out. Thc charity ftgul#rly rcviews 11$ investmcnls
perfonnance to e￿￿te they still achieve a goDd raie of rdum.
The annuul report w*$ approved by the TnJst¢¢s of Ihe chariiy on 3 Jun¢ 2024 ind $i8ned on its bghalf by..
Mr G (Chgir)
Trustee
Page 3

## **The Spencer Homes Charity** 

## **Independent Examiner's Report to the trustees of The Spencer Homes Charity** 

I report to the charity trustees on my examination of the accounts of the charity for the year ended 28 December 2023 which are set out on pages 5 to 13. 

## **Respective responsibilities of trustees and examiner** 

As the charity’s trustees of The Spencer Homes 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 Spencer Homes 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 Act. 

## **Independent examiner’s statement** 

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 Spencer Homes 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 accounting 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. 


...................................... Selina J Armitage FCA Independent Examiner Watson Buckle Limited Bradford 

5 June 2024 

Page 4 



The Spellcer Hom¢s Charity
Stalement of & inancl41 Aclivitie5 for the Year Ended 28 December 2023
(Including Income and Expenditure Account)
Endowmetsl
fuiids
UTrrestrSctcd fund5
Revaluation
reserve
Totsl
21123
Total
2022
General
Perrnanent
Note
Ineome and emdoiYment$ from
Invebimenls
Charitable activilies
Other incotne
6.643
33,105
129
6,643
33.105
129
5,035
31,874
129
Total Incon￿ and elldoivtneDts
39.877
37,038
ipendlture
Charitable activities
119,985)
(19,985}
{27,017}
Net income
Gain51105ses on Inve51tnent asset5
19,892
19.892
14,754
10.021
125.954)
Is
14.754
Net movement in funds
19.8Y2
14,754
34,646
15,933)
Recfrnclllatlon Of funds
Tolul funds i)rou8h¢ forward
371,473
382,627
398.560
Total fvnds carried folw￿
391,365
14,754
11,154
417.273
382.627
The funds breakdown for the Current and prior yeaT is shown in Dote 15.
Page 5

The Speneer Homes Charlty
(Registration number: 248397)
Balance Sheet Is at 28 De¢cmb¢r 2023
2023
2022
Note
Fixed 455ets
Tangible assets
Inve5tsnent5
10
142,550
211.025
132,669
191.505
353.575
324,174
Current #ssets
DEblvrs
Cash at bank in hand
12
1,466
71.507
1.085
66.860
72,973
67,945
Creditors: Amfjunts f&lling wlthln one year
13
4,056
4,1461
Net turrent assets
68,917
63,799
Total assets le$5 current liabilities
422,492
387,973
Crertitors: Atnounts f8lllng due after more than ye&r
Net assets
14
5,219
15,346
417,273
382.627
Funds of the ¢h*rity:
Reserves
Unrestricted ￿ndS
Unrestyicled revaluation reserv¢
Ei]dDwffl¢nt funds
391,365
14.754
11.154
371,473
11.154
Total Re$erve5
15
417,273
382,627
The financial siaternents on pages 5 to 13 were approved by th¢ twstees, and authorised for issue on 5 June 2024 aiid
signed on their behalf by-.
Mr G Carr (Chair)
Mr8 H R Marshall
Ti'usle¢
riuslee
Page 6

The Spencer Homes Charity
Notes to the Financial Statcments for the Year Ended 28 December 21123
l Gener81 Infornifition
Cener41 Information
The entity i5 an uninctsrpoiated regi5ter¢d chai'ily governed by their constitlllion, registered iii Bngland and Wales.
The addres5 of Ihc registered office is:
Fold House, 6 Th¢ ?old
Lotlicrsdtjlc
Keighlcy
Wesi YorkshiiE
BD20 8HD
Charity registsalion ntsinber.. 248397
2 Aceounting p(blieies
Statement of ¢ompll&nce
The Fin8n¢ial sialeinenls have been prepared in accordance witb Accounting and Rew)rting by Chatilies.. Statemenl of
Reeollllntrnded Ptacli¢¢ {SORP} 4pplicable to rbdrities preparing their accoutkts in accordance with the Fin&ncial
Reportitig Standard applicable in ibe UK and Republic of Iieland (FRS 102) lefftctive l Javuary 2015) - (Charitics
SORP I>RS 1021). the Financial Reporting Standard applicable in thc UK and Republic of Ireland {bRS 102) and th¢
Charities Act 2011.
Bas15 of prepar#tlon
These f]nancial stalements have been PiEpared using the ht'storical cost convention exc¢pt that as disclosed in the
couniing policies certain items are shown at fair vxlue.
The charity constitutes a public benefit entity as defined by FRSIO2.
The charitys functional and presemtation currency is pound sterling.
Income and endowments
GovevnwieiiigroiiLS
Goveiiim¢nt g¥ants from Th¢ Housing Corporation 2rc received in rcspect of the Spcncer Homes Charsty. Th￿¢ grants
are reci)gniscd at thc faiT vali1¢ of the assei r¢¢eived. Wherc thc asscls arc accounted for using thc cost tnodel then Ihe
govemment grant 1$ accounted for using thc accruals model. The ditTerence b¢tween Ihe fair value of the asset and the
eonsideration is recognised as a liabiliiy and amoriised over the useful econoEnic life ofthe asset. This amonisJlion is
re¢ognised within illCOllJe.
ChaNlable ￿¢lIvI11eS
Weckly ￿￿]ntenance charges from housing properties is recognised on ￿￿¢1]Ial$ basis.
DÉJÉrrediiicoNie
Deferred inci)mc Ycprcscnts amounts received fvi fuiur¢ periods and is r¢leased io in¢oJiullg resources in Ihe period lor
whidi. it has been received. Such llicome is only defe￿¢(] when..
Tl)e donor spccifies that the gTttnt oi. doiiatioji Inusl only bc used future ac¢ourtting pcriods,. or
'rhe donor ha5 imposed ¢ondilions which must be mct bcfoir (he charity has unconditional entitlcment.
Page 7

The Spencer Homes Charlty
Notes to the Finanemal Statemenls for the Year Ended 28 December 2023
Inve51menl iiiconie
Income is earned from holdinx fixed asscts foi investment purpose5 and is rccognised when receivable and th¢ amoiinl
at) be m¢aSUT¢d reliably by the charity.
lThterest on funds held on deposlt is includ¢d when receivable and the atnount caD be measured reliably by the ¢harity.
Expendlture
All cxpcnditure is Fccogniscd once th¢r¢ is a legal or ronstructive obligation lo that expendtture. it is piDbable
settleinent is reqllired and the amourti Can bc measured rcliably. All Costs arc allo¢aled to the applicable expcndilure
heading th#t aggregate similaT Costs to that category. Wh¢re costs cannot bc dsrectly attributcd to particulai. heading
tbey have becll allocated on a basis ¢onsist¢nt wilh the usc of resources, with ¢¢ntral 8laff ¢osis allocat¢d on the basis of
time spent, and depre¢iotitsn charges allocated on the )x>rtion of the asset's use. Other support Costs are allocated based
on the spread of staff costs.
C￿￿￿¢&ble dertvlrtes
ChaTitable expenditure cOm￿.iSeS ihuse costs incu￿ed by the Charity in the drlivery of its activities and serV￿ceS for its
beneficiai'ies. It includes boih cosls that can be allo¢aled directly to such activilies and those costs of an indirect nature
necessary to support them.
GDv¢rn?n¢¢ costs
These include the Costs attributable to the charity's compliance with constitutional and sta￿tOry requirements. including
audit. straiegi¢ managi¢me￿l and trustees, ￿￿etIngS and reimbursed expenses.
Taxation
The charity is considcjrd to pass the te5t5 Set out in Paragi?ph I Schedule 6 of the Finan¢¥ Act 2010 8nd th£rBIoL"e it
meets thc definition of a charitable company for UK ¢orporation tax Purposes. Accordingly, the charity 15 Potentially
e%empi from taxation in respect of ineome or capital gains received wiihin categories ¢overed by Lhapt¢r 3 Pall I l of
the Co￿￿ratIOn Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such
income or gains are applied exclusively to Charitablc purposes.
Tangible fixed a55ets
Individual fixed a5sels costing £100.00 or more are iiiitially recor(kd at cost.
Depreelation and #mortl8atloD
Depreciation is provided on langible fixed assets so as to write off the c05t or valuotion, less any estimated residual
value. over th¢ir ¢xpected useful economic life as follows..
Asset cla55
Original stTUCture
Roofs
Doois aiid windows
Boilers
Bathroom
Kitchcns
Electrical and healing iDStallations
Depreciation method rate
50 years
50 y¢ars
30 years
15 years
25 years
20 years
25 years
MajoT COiDpon¢nts of hoiising prop¢rties have been a¢¢ounted foi and deprcciatcd Scparatcly from the eODne¢ted
housing piDperty, over Ibeir expected useful economic lives. The cost of Tepla¢ing these components is Lapitalised i
ful. The rv5t of pai1i&lly replacing or repairing these components. are Charged to the Lharitable aetiwilies.
Pag¢ 8

The Spencer Homes Charity
Notes to the FlnAnclal Statements for the Year Ended 28 December 2023
SigThificaDt judge￿entS and estimates
Preparaiion ofihe financial st8ieii)thilS requires management to make significant jUdgen￿Thts and estimates. The ilems in
the finaiicial slal¢Jnents wh¢re ll)¢se jud￿n¢￿t$ and ¢stiJiJat¢s have been inad¢ include:
Depietidlioit
Managcment ieviews ils esliniatc of the useful lives of dq)r¢ciable as5cts at each repoilin8 date based on the expected
utility of thc a￿cts,. howcvcr. by tljcir naturc, component lifc cannot bc dct¢miin¢d with ab%olulc ccrthinty-
Fixed i55et illvestments
Fixed ¥ssel lliveblnienls. otber than progtan]me related investmenls, are included at Dwkel valu¢ ai the balallc¢ sh¢et
date. Realised gains and losses on inv¢stmentb' are ¢dl¢u10ted as the diffeiEn¢e between sales proceeds their rnaTket
valu¢ at the start of the year. OT their subsequent C05t, and are charged or credited to the Sialtm¢nl of Financia
Activitics in thc pcriod of disposal.
Unrealised gains and log5e5 represent the movement in rnarket values dllring the y¢ar and are ¢wdited or ¢harged to the
Statement of Finan¢ial Activities based on the market value at the y¢ar end.
Debtthrs
Debtois are recogni8ed initially when they become due at the tsansadion priee. They are subscquently measured at
amorliscd cost usEng the efftdive intcicst rdte method, Icss provision for smpainnent. A provision for impainnent of
d¢htors is e8tAhli$hed when there is objective evideii¢¢ tliat the Charity will not be able to ¢ollc¢t all amounls due
according to ihe original ternjs of the debtOTS.
Creditors
Creditors are obligations to pay for goods and services that have been acquired by the ¢haTily. Creditors are initially
reLognised ar the ttBns&ciion price and subscquenily mtra5ured at #mortised cost using the ¢ffe¢tive ittt¢rest m¢tbod.
Chsh And tash tqwlvaltnts
Cash and cash cquivalents cornprise cash on hand and call dcp05its, and other short-temi highly liquid inv¢stm¢nt$ that
are r¢adsly convertible to a known amount of cash and are subje¢l to 011 In8ignificani risk of chartge in valuc.
Financlal in5tuments
The Lharity only has fiDancial assets and financial liabilities of a kind that qualify as ba¥i¥ financial instrumentb.. Basic
rinatt¢ial insli'llmenls arc initially recogni$¢d al Iran.%a¢li(>n valuc and subs¢quenlly tn¢a5ured at IlLell' 5eiileTnent value.
3 Income from inve8tment8
UDrestrleted
Total
2023
Total
2022
General
Interest receivable and similar incorne,.
Interest rcecivablc on bank dcposits
Other incomc from fixcd asset inVC5tments
1,877
4,766
1.877
4,766
554
4,481
6,643
6,643
5,035
Page 9

The Spencer Homes Charity
Notes ¢0 Ihe Financial StatemeJ)¢s for the Year Ended 28 Deeember 2023
4 1n¢ome from ChArlt4ble 8¢tlvllles
Unr¢strieted
Tot￿1
Totxl
2022
CJener&l
Weckly mainl¢nance chaiges
Voids
33,105
33.105
32,624
(750}
31,874
5 Other income
UBre5tricted
Tot#1
2023
Total
2022
General
Amorlisation of 8rants
Oihei income
127
127
127
129
129
129
6 Expendlture on Charltable Actlvltles
Unrestrleted
funds
Total
2023
Total
2022
Cener%l
Rale5
Light, heat and powcr
Insurance
RepasTS and Teiiewals
Tiadc subscriptions
Sundry expenses
Management ¥lwges pay#ble
Indcpendcnt cxamiiici's fec
Le¥al and professional fees
DepiEciation of freehold property
1.477
1,768
1,607
6,100
343
1.477
1,768
1,607
6,100
343
1.367
855
1,419
14.557
415
250
1,200
1,260
836
4,858
1.200
1,260
1,200
1,260
6,230
6,230
19,985
19,985
27,017
Pag¢ 10

The Spencer Homes Charity
Notes to the Financial Statements for the Year Ended 28 Deeember 2023
7 Analysls tsf governfinee and support eosts
Govern8nce costs
Unrestrleted
TotRI
2023
Tol41
21122
General
Inde￿NIen1 ¢xamtn¢¢s fee
1,260
1,260
1,260
8 Trustecs remuncratlon and expenses
No trustees 112ve received ￿lY remuneration or reimbursed expenses from the charity during the current or previous
year.
9 Key mADagement personnel
Thc charity considcrs its key man8gem¢nt p¢rsonn¢l compris¢ th¢ tTUStce$.
The total key inanagemetht peisonnel remuneration benefits were £Nil (2022 - £Nil).
10 Tangible fixed assets
Hollslng
prDperfies for
letting
Property
improvements
Tot*1
C05t
At 29 De¢eJnber 2022
Additions
41,817
157,529
199.346
Ai 28 DecembeT 2023
41,817
173,640
215,457
Depreciation
At 29 Dcccmber 2022
Charge for the year
5,852
836
60,825
5,394
66,677
6,230
At 28 D¢¢ember 2023
6,688
66,219
72,907
Net book value
At 28 December 2023
35,129
107,421
142,550
At 28 Decembcr 2022
35.965
96,704
1.32,669
JI Fixed asset investment%
21120
21122
Listed inveslments
211,025
191,505
Pagell

The Spencer Homes Charity
Note5 ¢0 the Financial Statements for the Year Ended 28 December 2023
Other investment$
Listwl
investm¢ntS
Total
Cost or Valuation
At 29 December 2022
Revaludtilin
Addilions
191.505
14,754
4,766
191.505
14,754
4,71)6
At 28 December 2023
211.025
251,025
Net book value
At 28 December 2023
211,025
211.025
At 28 December 2022
191,505
191.505
The foir value of listed investments is detennined by reference to the quoted price for identical asset5 in an active
market at tlie balance sheet date. Historical Costs of inveslm¢nts are £207,154 {2022- £202,385).
12 Debtors
2023
2022
Prepaymcnts
WMC aiyears
1,216
250
1.085
1.466
1,085
13 Creditors: amounts fxlling due within one year
2023
2022
Other creditors
A¢cn]als
Gixnt5
1,380
2,549
127
1.763
2,256
127
4.056
4.146
14 Credltors." falling due Hfter one yeAr
2023
2022
Grants
5.219
5.346
Housing As50¢iaiion Grants have been received. this will be repaid if the properiies are sold. The Housing Asso¢iatioii
Granis are being recognised in incoin¢ on a sysiemali¢ b2$i$ ov¢r Ihe expected usefvl life of the stNctt]re1S0 years).
Page 12

The Spencer Homes Charity
Notes to the Financial Statements for the Year Ended 28 December 2023
15 Funds
Bal#nee at 28
December
2022
Other
reeognl$ed
gainsll105ses)
Balance at 28
Deeembtr
2023
Ineomlng
resources
Resources
expended
Unrestricted
Gcjierdl
371,473
39,877
(19,9851
391.365
Other
14,754
14,754
I'otal unrutrlcted
371,473
39.877
(19,9851
14.754
406,119
Endoivment
Permanenl
11,154
11.154
Total funds
382,627
14,754
417.273
Balance at 28
December
2021
Other
recogni5ed
gAin￿{1(b$S¢S)
Balance at 28
December
2022
IThcot￿1ng
resources
Resources
expended
Unrestrlcted
Gen¢ral
372,332
37.038
127.017)
(10.880)
371,473
Other
15,074
15.074
Total unre$trl¢t¢d
387,406
37.038
(27,017)
125.954)
371,473
Endoivment
Pernunent
11.154
11,154
Total funds
398,560
37.038
(27,0171
25,954
382,627
16 An8ly$h of •et 4s$¢ts b¢tween fund5
UDrestricted E￿d0￿ment
funds
fiinds
General
Permanent
funds
funds
Other funds Total funds
Tangible fixed aswls
Fixed a55el iiivcsiments
Current assets
Current liabilities
Creditors over l yeai.
142,550
196,271
61,819
(4,0561
(5.219)
142.550
211,025
72,973
(4,0361
5.219
14,754
l ot21 net assets
391.365
14,754
417,273
Pag¢ 13