Charlty registratlon number.. 261265
The Woolf Charitable Trust
Annual Report and Financial Statements
for thè Year Ended 5 April 2024
Field Sullivan Lirnited
g Hare & Blllet
Blackheath
SE3 OR8

The Woolf Charitable Trust
Contents (continued)
Reference and Admlnlstratlve Detalls
Tru5tees' Report
2to4
Independent Examiner'5 RepDrt
Statement of Flnar4cial Actlvitles
alance Sheet
Notes to the Flnancial Statements
8t016

The Woolf Charitable Trust
Reference and Admlnlstratlve Detalls
Trustees
Bernadettp Curley
Olena Leontovych
Jonathan Woolf
Charlty Regtstratlon Number
261265
Prlnclpal Offlce
5 Hobart Place
London
SWIWOHU
Independent Examlner
Field Sullivan Limited
9 Hare & Billet
Blatkheath
SE3 ORB
8anker5
Lloyd5 Bank plc.
25 Gresham Street
London
EC2V 7HN
Walker Crips Investment Mana8ement Limlted
Old Chango House
128 QL*eèn Victoria Street
London
EC4V 46J
Page I

The Woolf Charitable Trust
Trustees, Report
The Tru5teES Present their Report together wlth the Flnancial St8ternents of the Charlty for the year ended 5
April 2024.
The Financial statements comply with current statutory requlretnent5 and the 5t4tement of Recommended
Practice-Accountin8 and Reporting by Charltles.
Qblecllves and 8¢tlvltles of the Charlty
The Objects of the Charity are to m&ke donatlons to Charltable Institutlons and for charltable purposÈ*
The Trustees make donatlons for the benefit of disabled and disadvanta8ed children and other charltable
Causes.
The Charity sponsors vi51ts to Chlldren'5 care homes. h05pices. hospitals and sthoals by the theatrical group,
Maglcal Quests. This programme enjoys an eKcellent reputation and receptlon arnong children and
admln5strHtor5 alike.
The Charity supports the Soclety of Frlend5 of Jewlsh Refugees and the Clnema(08raph Trades Benevolent
Fund.
Achltrveme#ts and performante
Ouring the year theatrical performances have ￿en glven to chlldren at hosplces. hospita15. schools and special
needs sehools, suth as-.
Skylarks Charlty, Lark Hall SEND, Nlghtingale House, Merton Mencap Chatlty. Merton Young Cèrers, Gorrln8e
Prlrnary. Garfield Primary School, Strathmore School, Merton Abbey School, Llnden Lodge School, Holy Trinity
Pritnary School. Holly Mount Prlmary School. Pelham Prlmary, Malmesbury Park Prlmary school. SingleEate
Primary School, St. George's Hospital, 21 & Co, Merton SEND, M&rton Art Centre, Mencap Charlty. Jigsaw4U
Ch4rlty. W4nd5worth Children 5ery1Tr5, Wandsworth Llbraries. Down's South London, Home-start. Harrls
Academy, SCAMPPS, Wlsh Famllies, St. George's Hosp5tal- ward5, Grlef Encounter.
The works of art held by the Charity are available on publSc dlsplay on open day5 and by appolntrnent, and
include re8ular lecture and research vi51t5 by Mu5eum5 including the BritSsh Museum, Vlttorla and Albert
Museum, SOAS and Orlent31 Ceramit Society.
During the year, two works of art wer& on loan to the Brltlsh Mu5eutn.
Flnantlfil revlew
Various macroeconomic factors impact companle5 In a number of Industrles, Includlng maTkets in whlch the
Charlty holds Investments. Whilst the rnarket5 ietn8ined volatile, the Charity performed steadlly. By revlewlng
and accordingly adapting its investment and operational strètegles, the Trustees have taken approprlate steps
to mitl8ate the impact of uncertainties and negative 8lobal trends on Its flnantes and opÈrdtion5.
In addition. the assets of the Charity consist mainly of seeuritiÈs that are readily reali5able, and accordingly, the
charity ha5 adequate financial resour￿5 to continue its operationol existence for the foreseeable future.
At the balance Sheet date, the Charity fund had net assets of £24.464,78312023 - E24,311,6601. £60,(KID of the
fund is re5trirted and relates to the Charlty's obligations under thè current lease. The Charity seeks to
distribute to charitable causes all donatlons recelved. net of costs, on an annual basls.
The Trustees have concluded that there are no materlal uncertaintles that may cast doubt over the CharitWs
ablllty to continue as a gtsln8 ttsncetn and have prppared these financial statemer¢ts on the golng ¢oncÈrn
basis.
structure, Eoverngnce and m4nNgement
The Bovernlng document ol the Ch4rity is the Trust deed. The Charlty Is constltuted 3s a charitable
unincorporated organizatlon. The Trustees ¢onslder matters relaung to the Charity on a regular basis and, as
and when required.
Page 2

The Woolf Charltable Trust
Trustees, Report Icontinuedl
The Charity has thÈ power to make any investment which theTrustee5 see flt and proper.
Rlsk MathaKement
The Trustees have assessed the major risks to which the Charlty Is exposed, in particular, those relatÈd to th
operations and fi#ances Df the T[￿st and are satlsfied that appropriate systems are in plate tts mltigate their
exposure to major rlsks.
Referencès ahd Bdmlni5tralive detalls
The legal and administratlve Informatlon, set out on Page l. forms part of this Report.
Policy on holdlng rèsèrve5
The Charity aims to distribute all the fjet income to the beneficiariÈs while maintain the capital reserves.
Appolntment of thè trustees
New trusteÈs are appglnted tsy the current trustees.
Perpetulty Day
Twenty-one years after the death of the last survivor of suth ol the descendants of hls late Malesty King
George the Fifth as were Ilvlng on 9th Junè 1970.
st4t?ment of Trustees, Resptsnslblllties
The tru5tee5 are responslble for prepailng the trustees. report and the flnan¢lal statements in aceordance with
the United Kingdom Ac¢ountlrn8 Standards Iunited Kingdom Generally Accepted Accounting Practicel and
applltable law and regulatlons.
The law applicable to charlties requlres the trustÈes to prepare financlal statements for each flnanclal year
which give a true and fair view of the state of affairs of the charity and of the incoming resourees and
application of re50Utce5 of the charity for that perlod. In preparlng the5E flnancial statements, the trustees are
required to..
select sultable accounting policies and then apply them conslst2ntly-
ob5eivÈ the methods and prlnclples In the Charltles SORP,.
make judgements and Èstlmate5 that are re450nable and prudent,.
state whether applicable accounting standard5 have been followed. subject to any material departures
dlstloseil and explained in the financial staternents,. and
prepare the fSnanclal statements on the golng conceTn basi5 unless It Is Inapproprlate to Presume that thè
charlty wlll contlnuo In buslnÈss.
The trusteE5 are responsible lor keeping proper accountlng records that dist105e wlth reasonable accurary at
any ttme the financial position of the charity and enable tkèm to ensure that the financial statements ¢ompl¥
wlth the Charitie5 Act 2011. the Charities (Accounts ènd RÈportsl Regulations 2(Q8, and the provSslons of the
constltution. The trustees are also responsible for safeguarding the as5et5 of the charlty and hence for taking
reasonable steps for the prevention and detectlon of fraud and other ifre8ularltles.
The trustees are responslble for the malntenance and integrity of the corporate and financial information
included on the charitable company's website. Legislalion governing the preparatlon and dissemination of
financial statements may dlff&r from leglslatlon in other jurisdictions.
Page 3

The Wooll Charltable Trust
Trustees. Report Icontinuedl
Thè annual re
as approved by the trustee5 01 the charity ots....-..
and si8ned on Its behalf by:
Jonathan Woojfr"
Trustee
Page 4

The Woolf Charitable Trust
Independent Examiner's Report to the trustees of The Woolf Charitable Trust
I report to the charlty trustees OPT my examlt>atlott of the accounts af the charitw for the wear ended 5 Aprll
2024 which comprise the Statement of Fln8ncial Actlvitles, the Balanee Sheet and ielated notes 3 to 18.
Thls report Is madÈ solely to thÈ tharlty's trustees, as a body, attordance with section 145 of the Charities
Act 2011. My WOTk has been undertaken $0 that I mlght state to the charitW5 trustees those matters 13m
required to state to them in thls report and for no other purpose. To the fullest extent permitted by law. I do
not accept or 8ssume responsibility to anyone other than the charity and the chèrity's trustees as a body, for
my work, for thi5 repoTt, or for the opinions I have formed.
Responslbllltl95 and bos15 01 report
As the charily trustees of The Woolf Charitable Trust you are responsible for the preparation of the accounts In
accordance with the requ5Tements of the Char5ties Act 20111'the Act'l.
I report in respect of my examination of the The Woolf Charitable Trust's accounts carried out under section
145 of the 2011 Act and In carrylng out my Èx8min3tion I h8vE followed all the applltsblè Dlrertlons glven by
the ChaTity Cornmisslon undèr XEttlon 14515llbl of the Act.
An Independent examlnation does not invtslvp gatherlng all the evidence that would be required in an audit
and consequently dDe5 not cover all the matters that an auditor considers in glvlng thelr opinlon on the
flnanclal statements. The planninB and conduct of an audit goes beyond the limited assurance that an
independent examination can provlde. Consequently l express no opinlon as to whether the flnancial
statements presÉnt a 'true and falr, vlew and my report is Ilmlted to those spe¢lf5c matters set out In the
independentexairtlner's statement.
Independent examlner'5 Statement
I have completed my examtnatlon. I conflim that no material matter5 have come to my attentlon in coTrnectlon
wlth the examlnatlon glvlng me Cause to belleve that In any materlal respect-.
l. accounting records were not kept In re5pert of The Wooll Charitable Trust a5 requlred by sectlon 130 of
the Act,. or
2. the flnanclal statements do not accord with those records.. or
3. thÈ financSal 5taternents do not cornply wlth thÈ atcountlng rÉqulrÈments cottternlng the form ènd
contÈnt of accounts set out in the Charities IActounts and Reports) Regulations 2008 other than anv
requlrement that thÈ accounts glve a 'truÈ and falr vlew. whlch Is not a matter eonsldered as part of an
Independent examinatlon.
I have no concerns and hève come across no oth&r matters in connection with the examination to which
attention should bè drawn in this report in order to enable a proper understanding of the accounts to be
reathèd.
Tlrn Sullivan FCA
Fleld Sulllvan Llmlted
9 Hare & Blllet
Blackheath
SE3 ORB
Date..
Page 5

fo
ID N N
Ln
m * ¢n

The Woolf Charitable Trust
{Registratlon number.. 261265)
Balance Sheet as at 5 Aprll 2024
2024
2023
Note
Fixed B55ets
Investments
12
24,643.532
24,464,762
Current 8$sets
Debtors
13
59.274
24,704
56,824
14,683
Cash at bank and in hand
14
83.978
71.507
Ctedltors.. Amounts f8llln% du• wlthln on• ythar
15
1253,3941
1207,2761
N&t current Ilabllltias
1169,4161
1135,7691
Total os$ets less eurrent liabilities
24,474,116
24,328,993
Creditors.. Amounts falllng due after more than one year
16
19.3331
117,3331
Net assets
24,464,783
24,311,660
Funds of th8 chèrltv:
RÈstrltled Intoma funds
RestTlCted funds
80,wo
60,(K)O
Unr45tricted income funds
Unrestricted funds
24,404,783
24,251,660
Total fvnds
J7
24,464.788
24.311.660
The financ
I statements on pages 6 to 16 were approved by the trustees. and authorlsed for issue on
and signed on their behalf by..
Jonlthan-Woolfv-
Trustee
The rKJtes on pages 8 to 16 form an Integral part of these fin4naal statements.
PagÈ 7

The Woolf Charltable Trust
Notes to the Financlal Statements for the Year Ended 5 April 2024
I Ch4rity status
The charlty is domieiled In England aNI Wales.
The address of Its reglsteied offlce 15..
5 Hobart Place
SWIW OHU
2 ActountlnE polic105
St•tgment of compllan¢è
The fin3ncial statements have been prepared In acwrdance with Aceountlng and Reporting by CharltlÈs'.
5t8tement of Recommended Practice applicable to charitles preparln8 thelr accounts In accordance wlth the
Flnancial Reporting Standard appllcable in the UK and Republlc of Ireland (FR5 1021 lelfective l January 20191-
(Charities SORP (FRS 1021 Sècond editlDn October 2019}, the Flnantial Reporting standard 3ppllcablÈ the
UK and Republic of Ireland IFRS 1021. They also comply wlth the Companie5 Art 20)6 and Charltles Act 2011.
Basls of pr&por4tlon
The Woolf Charitable Trust meets the definition of a public bpnefit entity under FRS 102. The accounts
Ilinancial statementsl have been prepared under the historlcal cost convention with items reco8nised at cost
or transaction value unless otherwlse stated in the relevant notelsl to these accounts.
Going concern
The trustees consldeT that ihere are no material uncertalntle5 about the chaTity's ablllty to continue as a golng
eoncÈrn.
Judgement5 and key sourrgs of estimation untertalnty
In the application of the charSty'S aCCDunting policies. the trustees arÈ requlred to make judgements, egtimate5
and a5sumptlon5 about the carrylng amount of assets and liabilities that are not Feadily app3rent from other
SoUr￿s. The estimates and Bssoclated assumptions are based on historlcal experience and other fartors th8t
are con51dered to be relevant. Actual results may differ from these Èstimate5.
The estimates and underlying assumptions are revlewed on an o#golng basss. Revislons to accountlng
estimates are recDgr>lsed in the periods in whlch the Èstimate is Tevlsed where revlsJon5 afFert5 only that
period, or in the period of the revision and future perlod5 where the revislons affects both current and future
perlod5.
In¢ome endowments
Voluntary incorne including donations, gifts, legacies and grants that provlde core fundin8 or are of a general
nature is reco8nisÈd when the charity has entitlement to the IncornÈ, it 15 probable that the Incotne wlll be
recewed 8nd the arnount can be measured wlth sufficient rel(abilit¥.
Donutlons undkgocles
Donations and legacles èfe recoenSsed on a iecelvable basis when re￿5pt Is probable and the amount can be
reliably measured.
P8ge 8

The Woolf Charltable Trust
Notes to the Financial Statements for the Year Ended S April 2024 (contlnuedl
DeAprredlncome
Deferred income represents amounts receSved for futurè perlods and 15 released to incomin8 resources in the
period for which, it has been recelved. Such Income Is onlydeferred when..
The donor spectfies that the grant or donation rnust only be used in future accountlng perlods,. or
The donor has imposed conditions which must be met bèfore the charlty has unconditional entitlement.
Investment Income
DSvidends are retognlsed once the dividend has been dedared and notlfic8tlon has been received of the
dlvldend due.
Expendlture
All expenditure is recognlsed once there is a le8al or constructlve obllgatlon to that expendlture, It Ss probable
settlement is requlred and the amount can be measured rellably. All Costs are allocated to the applicable
expendlture heading that aggregate simllar costs to that category. WhÈre costs cannot be dlrectly attFlbuted to
particular headln8S they have been allocated on a basls consistent with the use of resourtrs. wlth central staff
costs allocated on the basls of tlme spÈnt, and depreclatlon charges allDcated on the POTtlon of the asset's use.
Other support costs are allocated based on the spièad of staff tQ5ts.
Charituble activlties
Charitable expEnditure comprlsès those cost5 IncurTed by the chaTlty in the delivery of it5 activities and
services ftsr Its beneflclarles. It Includes both costs thet can be allocated directly to such activities and those
costs of an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to aetEvity cost categorles on a basls
ons15tent wlth the use of resourtr5. for eKample. allocating property costs by Iloor areas, or per capitè, staff
cost5 by the time spent and otheT Costs by their usage.
T&xatlon
The charlty Is consldered to pass the tests set cut In Paragraph I Schedule 6 of the Flnance Art 2010 and
therefore It meèts the definltion of a charltable company for UK corporatlon tax purposes. Aceordlngly, the
charlty is potentlally exernpt from taxation In respect ot Income or capltal gains received wlthln categorie5
covered Liy Chapter 3 Part 11 of the Corporatlon Tax Act 2010 or Section 256 of the TaxatSon of Chargeable
Gains Act 1992, to the extent that suth income or galns are applied exclusively to charltable purpose5.
Flxed asset Investment5
FlxÈd a55et Investments, othÈr than programme related InvÈsttnents, are included at market value at the
balance sheet date. Reallsed gains and losses on investrnents are calculated as the dlfference between sale5
proceed5 and their market value at the start of the year, or their sub5equerit cost, and are charged OT credlted
to the Statem&nt ol Financial Adivitie5 in the perTrod ol disposal.
UnrealSsed galns and losses represent the movement Sn market valu&s during the year and are eredlted o
charged to the Statement of Financlal Artivities bèsed on the market value at the year end.
Pase 9

The Woolf Charitable Trust
Notes to the Flnanclal Statements for the Year Ended 5 April 2024 (contlnuedl
Trade debtors
Trade debtQT5 aTe amounts due from customer5 for merchandise sold or sèrvlces performed in the Drdlnarv
course ol buslne$5.
Trade debtor5 are recognlsed Inlt1811y at the transaction price. They are subsequently measured at arnortised
cost U51ng the effective interest method. le55 provision for impaiiment. A PTOV15ion for the Impalrment of trade
debtors is establlshed when there is objective evidence that the charity will not be able to collect all amounts
due accordlng to th& tsrlglFial term5 gf the receivables.
CE5h and cash equlvalents
Cash and cash equivalents compr15e cash on hand and call dep051ts. and other SI￿rt-terrn highly liquid
Investments that are readily convertible to a kntswn arnount of cash and are subject to an insignificant rlsk of
change In value.
Tr4dg ryeditors
Trade creditors are obligation5 to pay for goods or servl¢e5 that have ￿en acqulred In the ordinary course of
b￿SIneSS from suppliers. Accounts payable are classified as current Ilabllltles If they do not have an
unconditional ri8ht. at the end of tho reporting period. to defer settl@mènt of the CFeditor for at least Iwelwe
months alter the reportlng date. If there Is an unconditional right to dÈfer settlement for at least twelve
months after the reportlng dato, they are presented as non-£urrÈnt Ilabllities.
Trade creditors are recognised Inltlally at the transact5on prlce and subsequently measured at amortlsed cost
usin8 the effective IntÈr25t method.
Borrowlnzs
Interest-bearing btrrrowings are inillally recorded at falr value, net of transaction cost5. Interest-bearing
borrowing5 are subsequently carried at amortlsed cost, with the diffèren￿ between the protseds, net of
transaction costs, and the amount due on redemptlon belng recogftlsed as a charge to the Statement of
Financlal Activities over the perlod of the relevant borrowlng.
Interest expense is reco8n5sed on the basls of the effective Interest method and 15 included in interest payable
and sirnilar charges.
Borfowlngs are classlfled as turrent liabilitles unless the ch8Tlty has an uncondltlonal rlght to defer settlement
of the Siabllity for at 1&35t twelve months alter the reportlng date.
Fund Structure
Unrestricted income funds are general funds that are &vailaUe for use at the trustee5 di5cretlon in furthÈran
of the objectlves of the charity.
Restrlrted income funds are those don3ted for use in a particular area or for specific purposes, the use of
whleh 15 restricted to that area or purposè.
Page 10

The Woolf Charitable Trust
Notes to the Financlal Statements for the Year Ended 5 April 2024 {continued}
3 Income from don&tlons 4nd IEg&tles
Unrestrlcted
funds
General
Total
2024
Ttstal
2023
Donations and legacies,-
Donation5 from Individuals
104,998
104,998
121,766
IC14,998
104,998
121.766
4 Investm•nt Income
Unros¢rlctod
funds
Total
2024
Total
2023
InterÈst rècelvable and sSmSlar income,.
Interest re￿5Vable on bank deposits
other Incorne from flxed asset Investments
6,751
7,375
6,751
7,375
9,934
8,913
14,126
14,126
18,847
5 Other Income
Unre5tTlclad
funds
G8ngY41
Total
2024
Tolyl
2023
Rental Income
72,239
2,768
72.239
2.768
67.228
OthÈr Income
ILossl/gain on sale ol tanglble fixed assets IOT chaTIty's
own use
12,6531
12,6531
4,334
72,354
72,354
71,562
Pa8e 11

The Woolf Cl)aritable Trust
Notes to the Financial Statements for the Year Ended 5 April 2024 Icontinuedl
6 Expendlture on cbaritJbl8 ac*iviti?S
Total
2024
Total
2023
Note
Rent, rates and service charge
Insurance
123,9gi
18,811
13,564
55,754
8,814
110,050
25.441
11,208
49.166
7,113
Charitable donatlons
Staff costs
io
Support COSt5
220,934
202,978
7 Analysls of govwnantè Bnd SUPPOTt costs
Support costs
Total
2024
TotHI
2023
Private health insurance
3.749
1.150
3,464
642
Repa7r5 and maintenance
Telephone and fax
Computer software and maintenance costs
Printingi P05tège and stationery
Sundries
326
113
282
Cle8ninE
Independent examination
Other interest payable
240
1.902
1,326
1,807
824
8.814
7.113
8 Trustees remunetr•tlon &nd expenses
No trustees, nor any persons connected with them, h3ve Ye￿ived any remunèratlon from the charity durlng
the year.
No trustees have recelved any reimbursed expenses or any other benefits from the charity durlng the year.
9 Related party tYF1115actlons
Durlng the year thE charity made the following related party trans8ctions.'
RomulLts Fllms Ltd
Ouring the year, the charlty recelvÈd dDn?tlons of EIOO.882 (2023.. £123,714) from Romulus Films Llmited. Mr
J C Woolf is 8 difector of Romulus Fllms Limited. AT the b81ance sheet date, the charity owed £61,69512023..
£nlll to Romvlus Fllms Llmlted. Interest wa5 charged on the balance at 2.5%12023.. Enlll.
Page 12

The Woolf Charitable Trust
Notes to the Financlal Statements lor the Year Ended S April 2024 (continued)
io Staff costs
The aggregate payroll Costs were a5 fdlows-.
2024
2023
Staff Costs durlnKthe Y￿aT were..
Wa8è5 and salarles
Soclal securlty costs
Ptrnslon cogt5
48,125
817
45,925
13,2441
6,485
6,812
55,754
49,166
The monthly average Number of persons Ilncluding senlor management / leadershlp team) employed by the
charlty durlng the year expre55ed as full time equlvalents was as follows..
2024
2023
Charltable activitie5
No employee re￿IVed emoluments of more than É60,OtK) durlng the year
11 Taxatlon
The Charity 15 4 re8lStered charity and Is therefore exempt from taxatlon.
12 Flxed as$et tnve51ments
othèr Invostmonts
Llsted
Investments
Unllsted
Inv05tments
Tot81
Cost or Valuatlon
At 6 April 2023
Revaluation
403,982
182,579
108,843
lJ2,6521
24,060,780 24,464,762
182,579
108,843
1112,6521
Addltlons
D15posals
At 5 Aprll 2024
582,752
24,(￿0,780 24,643.532
N•t book v•lue
At 5 April 2024
582.752
24,060,780 24,643,532
At 5 ApTII 2023
403,982
24,060,780 24.464.762
Page 13

The Woolf Charitable Trust
Notes to the Flnancial Statements for the Year Ended 5 April 2024 (continued)
13 Debtor5
2024
2023
Prepayment5
Accrued Income
55,034
53,589
3,235
Other debtors
4,240
59,274
56,824
14 Cash and cash e4vIv8lenls
Z024
2023
Cash at b4nk
24,704
14,683
15 Credltors: omounls falllnE due wlthln ono year
2024
2028
Bank loans
8,OQ)
61.965
6,347
169.181
1.901
Other Icjafjs
other taxation and social security
Other cyedltors
Accruals
8.756
182,673
7.847
Deferred income
253,394
207,276
16 Credltors: amounts falllng du• ?fter one year
2024
2023
Bank loans
9.333
17,333
Page 14

The Woolf Charitable T¥ust
Notes to the Financlal Statements lor the Year Ended 5 Aprll 2024 (continued)
17 Funds
Other
Tocognlsed
gBlnslllossÈsl
Balanco at 6
Aprll 2023
Incomlng
resources
R*5ources
expended
gal•nce Jt 5
April 2024
Unrestrl¢ted fuhds
General
24,251.660
191,478
1220,9341
182,579
24.404,783
R&strlctgd funds
60.000
60,OC
Total fut)ds
24.311.660
191,478
220.9341
182,579
24,464,783
Other
rettsgnis2d
Balance at 5
galnslllossesl Aprll 2023
Balance at 6
Aprll 2022
In¢omlti¥
resouttÈs
Resources
expended
Unre5trl¢ted funds
General
24,256,901
212,175
1202,9781
114.4381
24.251,660
R•strlct•d fund5
60.OCX)
Total funds
24,316,901
212,175
1202,978
114.4381
24,311,660
The spetllic purposes for which the funds arè to bÈ applied are as follows=
The restrlctÈd funds relate to the Charlty's obllgatlons under the current lease.
18 Analys15 of net assets betweÈTh fund5
Current perlod
Unreslrlcted
funds
Genèral
Total fund$ at 5
Aprll
2024
Rpstrldgd
funds
Fixed asset investments
24.635.532
31,978
1253.3941
19,3331
8,000
s2,{￿0
24.643,532
83,978
1253,3941
19,3331
Current assets
Creditors over l year
Total net assets
24,404,783
60,￿0
24,464,783
Page 15

The Woolf Charitable Trust
Notes to the Financlal Statements for the Year Ended 5 April 2024 Icontinuedl
Prevlous perlod
Unrestricted
fund5
Gpneral
Totol funds at 5
Aprll
2023
Res*riEted
funds
Flxed asset investments
Current assets
24,456,762
19,507
1207,2761
117,3331
24,464.762
71,507
1207,2761
117,3331
52,(KKI
Credltors over I ￿ar
Totsl net assets
24,251,660
60,CMXJ
24,311,660
Page 16