## ## |Page:|| |---|---| |1.|Reference and administrative details| |2-5.|Report of the Governors| |6.|Report of the Independent Examiners| |7.|Statement of financial activities incorporating income and expenditure account| |8.|Balance Sheet| |9-16.|Notes fanning part of the financial statements| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Accumulated Designated Total Total|Accumulated Designated Total Total| |---|---|---|---| |||Income|Capital Funds Funds| ||Note|Fund Fund 2024 2023|| |||i £ i £|| |Income from:|||| |Investments 4 39,066 - 39,066 41,530|||| |Total||39,066|39,066
41,530| |Expenditure on:|||| |Raising funds|6|6,551|6,551 7,249| |Charitable activities|5|143,648|143,648 132,322| |Total||150,199|150,199 139,571| |Net expenditure before losses on
investments||(111,133)|(111,133) (98,041)| |Net gains on investments|9|124,827|124,827 52,549| |Net income/(expenditure)||13,694|13,694 (45,492)| |Transfers between funds|14|(13,694)|13,694| |Net movement in funds|||13,694 13,694 (45,492)| |Reconciliation of funds:|||| |Total funds brought forward|||1,711,677 1,711,677 1,757,169| |Total funds carried forward|15||1,725,371 1,725,371 1,711,677| ## ||Note 2024|Note 2024|2023| |---|---|---|---| |||£ £|£ £| |Fixed assets:|||| |Investments|9|1,699,909|1,654,630| |Current assets:|||| |Debtors|10|15|15| |Cash at bank and in hand||68,547|80,952| |||68,562|80,967| |Creditors: amounts falling due|||| |within one year|11|(43,100)|(23,920)| |Net current assets||25,462|57,047| |Net assets||1,725,371|1,711,677| |Representing|||| |Accumulated funds|15||| |Unrestricted funds:|||| |Designated capital fund||1,725,371|1,711,677| |Accumulated income fund|||| |||1,725,371|1,711,677| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2024|2023| |---|---| |£|£| |39,066|41,530| ## |ritable activities||| |---|---|---| ||2024|2023| |Grants|£|£| |MacMillan Cancer Support||20,000| |REACT|7,688|6,601| |St Nicholas Hospice|21,380|17,224| |British Red Cross (designated donation removed)|(22,000)|22,000| |Suffolk Community Foundation||15,000| |Friends of Exning School||6,000| |Mobility Trust|713|2,671| |Norfolk & Suffolk Foundation Trust (Wedgewood House)||40,654| |Abbeycroft Leisure|19,063|| |Addenbrookes|25,000|| |Bridge Project Sudbury|22,000|| |Crohn's & Colitis UK|800|| |East Anglian Air Ambulance|5,000|| |Families Together Suffolk|7,730|| |Headway Suffolk|18,000|| |InnovS Workshops|10,000|| |Memories Are Golden|435|| |Theatre Royal Bury St Edmunds|24,780|| ||140,589|130,150| |Governance costs||| |Audit and accountancy|2,220|2,040| |Bank charges|11|16| |Miscellaneous expenses|828|116| ||3,059|2,172| |Total|143,648|132,322| ## |6|Raising funds||| |---|---|---|---| |||2024|2023| |||£|£| ||Investment manager fees|6,551|7,249| |7|Auditor's/Independent Examiner's remuneration||| |---|---|---|---| |||2024|2023| |||£|£| ||Audit fee (including VAT)||2,040| ||Independent examination fee (including VAT)|2,100|| ## ## |d Asset Investments|| |---|---| ||2024
2023| ||£
£| |Movement in fixed asset listed investments|| |Market value brought forward at 1 July 2023|1,634,067 1,693,153| |Additions to investments at cost|| |Disposals at carrying value|(75,159) (111,635)| |Net gain/(loss) on revaluation|124,827 52,549| |Market value as at 30 June 2024|1,683,735 1,634,067| |Cash held within the investment portfolio|16,174 20,563| |Total at 30*h June 2024|1,699,909
1,654,630| |Investments at fair value|| |Comprised:|| |Equities|1,539,329 1,495,230| |Fixed interest securities
Cash held within the investment portfolio|144,406 138,837
16,174 20,563| ||1,699,909 1,654,630| ## ## ## ## ||2024||2023|| |---|---|---|---|---| ||£||£|| |Accrued income||15||15| |||15||15| ## |11|Creditors: amounts falling due within one year||| |---|---|---|---| |||2024|2023| |||£|£| ||Designated future grants|41,000|22,000| ||Accruals|2,100|1,920| |||43,100|23,920| |12|Financial instruments||| |||2024|2023| |||£|£| ||Financial assets measured at fair value|1,699,909|1,654,630| ## ## ||Accumulated|Designated|| |---|---|---|---| ||Income|Capital|| ||Fund|Fund|Total| ||£|£|£| |Represented by:-|||| |Investments||1,699,909|1,699,909| |Net current assets||25,462|25,462| |||1,725,371|1,725,371| ||Accumulated|Designated|| |---|---|---|---| ||Income|Capital|| ||Fund|Fund|Total| ||£|£|£| |Represented by:-|||| |Investments||1,654,630|1,654,630| |Net current assets||57,047|57,047| |||1,711,677|1,711,677| ## ## ||Fund||||Fund| |---|---|---|---|---|---| ||Balances||||balances| ||Brought|||Gains and|carried| ||Forward|Income Expenditure|Transfers|{Losses)|forward| ||£|£ £|£|£|£| |Unrestricted|||||| |funds:|||||| |Accumulated||39,066 (150,199)|(13,694)|124,827|| |income fund|||||| |Designated|1,711,677||13,694||1,725,371| |capital fund|||||| ||1,711,677|39,066 (150,199)||124,827|1,725,371| ||Fund|||Fund| |---|---|---|---|---| ||Balances|||balances| ||Brought||Gains and carried|| ||Forward|Income Expenditure Transfers|(Losses)|forward| ||£|£ £ £|£|£| |Unrestricted||||| |funds:||||| |Accumulated||41,530 (139,571) 45,492 52,549||| |income fund||||| |Designated|1,757,169|(45,492) - 1,711,677||| |capital fund||||| ||1,757,169|41,530 (139,571)|52,549 1,711,677|| ## ## ## ## |2024||2023|| |---|---|---|---| |£|£|£|£| |Investment income|||| |Collective investment funds 39,066||41,530|| ||39,066||41,530| |Grants|||| |MacMillan Cancer Support
REACT 7,688||20,000
6,601|| |St Nicholas Hospice 21,380||17,224|| |British Red Cross (designated donation removed) (22,000)||22,000|| |Suffolk Community Foundation||15,000|| |Friends of Exning School||6,000|| |Mobility Trust 713||2,671|| |Norfolk & Suffolk Foundation Trust (Wedgewood||40,654|| |House)|||| |Abbeycroft Leisure 19,063|||| |Addenbrookes 25,000|||| |Bridge Project Sudbury 22,000|||| |Crohn's & Colitis UK 800|||| |East Anglian Air Ambulance 5,000|||| |Families Together Suffolk 7,730|||| |Headway Suffolk 18,000|||| |InnovS Workshops 10,000|||| |Memories Are Golden 435|||| |Theatre Royal Bury St Edmunds 24,780|||| ||(140,589)||(130,150)| |Investment and Governance costs|||| |Audit and accountancy 2,220||2,040|| |Bank charges 11||16|| |Investment managers fees 6,551||7,249|| |Miscellaneous expenses 828||116|| ||(9,610)||(9,421)| |Net outgoing funds|(111,133)||(98,041)| |Investment gains|124,827||52,549| |Net movement in funds for the year|13,694||(45,492)|