REGISTERED COMPANY NUMBER: 01324906 (EnglaDd gDd Wales)
REGISTERED CHAIUTY NUMBER: 274326
Re
ort of the Trustees and
Unaudited Financial StatemeNt5
for the Year Ended 31 March 2024
for
The New Ash ale CJ411er Trust Limited
PPK Accountonts Limited
Chartered Certified Accountants
Sandhurst House
297 Yorktown Road
Sandhurst
B¢Tkshire
GU47 OQA

Tbe New Ash att Galle
Trust Limited
Contents of the FiDaDcial Statements
for the Year Ended 31 March 2024
Page
Reference and Adjnlnlstratlve Detalb
Report of the Trustees
2 to S
Independent Examlner's Report
Statement of Finanelal Actlvities
Blllanee Sbeet
Not&$ to the Finanelal Statements
9 to 14

The New Ash ate Galle
Trust Limited
Reference 4n(l Administrative Details
for the Year Ended 31 March 2024
TRUSTEES
N Corkish Chair
M Benton
J Miles {resigned 15.824)
MASmith
A F Butler
A Coppock (Aesigned 24.8.23)
C A Jackman
H C B Nicholson (resi￿ed 24.8.23)
SLBird
A Good (appointed 23.5.23)
C D Goode (appointed 22.2.24)
GALLERY DIRECIDR
Dr Outt Remes
COMPANY SECRETARY
M A Smith
REGISTERED OFFICE
Wagon Yard
Farnha
Surrey
GU9 7PS
REGISTERED COMPANY
NUMBER
01324906 (England and Wales)
REGISTERED CHARITY
NUMBER
274326
INDEPENDENT EXAMINER
PPK Accountants Litnitcd
Chartered Certified Accouulants
Sandhurst House
297 Yorktown Road
Sandhurst
Berkshire
GU47 OQA
Page I

The New Ash ate Gallc
Trust Limited
15tered number: 01324906
ort of the Trustees
for the Year Ended 31 MaT¢h 2024
The trustee5 who are also directors of the charity for the purposes (Trf the Compaknies Act 2006, present their report with
the financial statements of the charity for the year ended 31 March 2024. The tnjsiees have adopted the provisions of
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of IKland (FRS 102)
(effective l January 2019}.
OBJEcfivES AND ACTIVITIES
The Trusvs principal objectives as & non-profii making organisation are those of promoting, ¢¢lebrating. and advancing
high-quality contemporary art and craft ideas. objects, creative learning, and artists and Makers. Through a varied and
innoyative exhibition programme and educational remit, the Trust aims to calalyse fine arts and ¢rafts activity in the
region. By providing an environment that is aceessible, open. and stimulating to all, the gallery PToJnotes awareness and
knowledge of arts and crnfts, encourattes and enuages audiences, offers educational opportunit1¢5, and supports arts and
crafts practilioners on a financial and practical level. Alongside other cultural organi5ations in Farnham. it aims to
promote Farnharn as the World Crnft Town of England with Inuch 10 offer resident5 and visitors alike.
In deciding what activities, the Trust should undertake during the year the Trustee5 have paid due regard io the Charity
Commission's guidan¢e on public benefit and, as appropriate and wheir relevanL we ensure we reflect the standards
within the Code of Fundraising Practice.
Page 2

The New Ash ate Galle
Trust Limited
istered number: 01324906
Re
rt of the Trustees
for the Year Ended 31 Mareh 2024
ACHIEVEMENT AND PERFORMANCE
The Gallery had a challenging y¢t productive year, with variable sales patterns reflecting the broader economic context.
Despite the c05t-of-living crisis, higher Inflatio￿ and ongoing geopoliiical tensions, Ollr exhibition programme and
community engagements Temained robust. We navigated these challenges by adapting our strategies and maintaining a
focus on delivering high-quality events and initiatives that resonate with our audience. At ihe same time, we continued
to focus on three key areas-. delivering ¢xhibitions that generdte income for artists while engaging our audienee.
supporting early ¢areer developmeni and fostering community engagernenL
The Rising Stars 2024 programme. funded by the Radcliffe Trust and Biltmeir Charitable Trust, witnessed exceptional
growth with 165 applications, a 5ignifJ¢ant increase from 113 in 2022. This surge highlights the programme's
strengthening reputation and its crucial role in supporting early career creatives. The selection process, involving the
New Ash8ate Gallery> Making Good¢, and the University for the Creative Ans, culminated ill the identification of 27
exceptionally talented maka5. Notably> 52 /0 of these s¢l¢¢ted individuals corne from unde￿epresellted groups.
including Blatk, Asian. and ethnically diverse backgrounds, LGBTQtA+ communities, and those with visible or
non-visible disabilities. This coffttnitment to diversity is integra] to the Rising Stars ethos, enriching the creative
landscape.
As part of the Rising Star5, we delivered a compr¢hensive professional d¢v¢loprnent programrne iailored foT these
makers. The training focused on essential business skills. including cash tlow managemeni and pricing strategie5,
crucial for sustaining a successful creative practi¢¢. In addition, Time to Think" sessions promoted Tesilien¢e and
independent thinking, fostering valuable peer 5UPPOrt networks. For the first time. the progrdmme was actively
engaged with the Crafts Study Centre through the 'Curator for a Day, initiative. This initiative not only elevated the
visibility of diverse makers but also enabled them to interact in depih with British craft history.
The Surrey Artist of the Year 2023 (SAOY 2023) competition also showcased the remarkable lalents emerging from
our community. 16 artists were thortlisted, with Lucy Dorothy Nichols being named the winner. This competition not
only celebrates artistic aehievement but also fosters public engagement through voting, underscoring the importance of
community involvement in the arts. The recognition gained through SAOY is advances artists, careers and enhancing
their visibility within the artistic community.
Our community craft progrdmme, developed in partnership with Fantham Town Council, has been a highlight this year.
Through a series of workshops, we engaged families and residents. fostering a vibrdnt community spirit. Events such as
Coronation Cross Stitch and Textile Card Winding Mandalas re¢¢ived overwhelmingly positive feedback, reflecting the
public's enthusiasm for creative EDgag¢ment. With 98Yo of participants rdting the events highly, our initiatives have
stren￿he￿Cd NAG'S reputation &5 a community_focused ¢lwity.
Moreover, New Ashgate Gallery was honoured to donate, on behalf of the estate of John Bryce, more than 200
watercolours, woodcut prints arAd woodblocks to NHS and healthcare sites. These artworks will etthance hospital
environments, providing comfort and inspiration. The woodblocks will also be used for educational purposes by the
Royal Society of Painter-Printmakers.
Additionally, our collaboration with DAISY {Disability Arts in Surrey) for the residency wilh artist Kate Kenningion
Steer has significanily Contributed to our community engagement efforts. Kate's residency, running from August 14 to
September 16, involved infottnal conversations and activiti¢s, encourdging residents to connect with the arts in
rneanin8fv1 ways. This initiative not only elevated awareness of our projects but also Teinforced 0￿r commitment to
inclusivity within the arts.
Diversty and inclusion are important to our mi55ion. We are dedicated io PTomoting representation from
underrepresented co]n[￿u￿1t1cs within the arts, en$uring that all voices Bre heard and valued. As a reflection of this, we
actively participated in the Crafts Council's Too]kit for Change, an anti-racism and diversity plaifom that infomis our
programming a￿d governance strategie5. Through this initiative, we continued to assess our practi￿$ to enhance
diversity and access across all aspects of our work.
We extend our Wdtitude to our valued partners for their generous SUPPOTL Billmeir Charitable TTU5L Radcliffe Trust,
Farnham Town Council, South Street Trust. The Erica L¢onprd Tn￿L and Farnham Institute Charity. Their
contributions have been invaluable in helping us achieve our goals and further our tllission.
P88¢ 3

The New Ash ate Call¢
Trust Limited
istcred number.. 01324906
ort of the Trustees
for the Year Ended 31 March 2024
FINANCIAL REVIEW
Total inci)me for the year amounted to £132,171 {2023.' £127.169) resulting in a loss for the year of £12,961 {2023:
£15.413). At the end of the year UnTestricted net Cu￿ent assets were £142,510 {2023.. £144,940), Providin.
a Strong
buffer despite the challenging e￿nOMiC enviTonment.
Reserves Policy
The gallery TnaiDtsins a designated reserve of £60,000 io cover ￿ least six months of opernting costs, ¢xcludiT]g
depreciatitsn.
FUTURE PLANS
W¢ are cornmitted io ¢n5UTiDg that NAG remains resilient and adaptable to evolving trading conditions. The ongoing
development of the NAG Business Plan will includ¢ a strong focus on colnmunity craft engagement and further
integration with Farnham's ¢ultural a¢tiviti¢s, reinforeing its status as a World Craft Town.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing doeumeDt
New Ashgate G211¢ry Trust Lirnit¢d is a charitable trust, limited by guarnntee, govemed by its Memoranduin and
Artieles of Associatio[] dated 1976, and amended in 1997 and 2014. It is a Tegistered charity with the Charity
Coinmi5sion.
Recruitment and appoilltment of new trustees
Tntstees ale elect¢d by the Membeis of the Ttust at its Annual General Meeting. One-third of the trustees retire in
iot2tion each year but ￿0Y be re-elected. Other trustees may be appointed by the tTUStees during the year, bui they must
retire at th¢ next AGM, although th¢y tnay be re-elected. For the ac¢ounting period to 31 March 2024. all Members of
the Trust wer¢ also trust¢¢s.
Org2niution¥l $tru¢ture
The tru5te¢s meet four tiin¢s a year and hAve ultirnat¢ responsibility lor dir¢¢ting the affair5 of the gallery, ensuring it is
solvenl w¢ll-run, and deliv¢ring th¢ out¢om¢s for whi¢h it has b¢eD set up. Its focus is on the strategic diredion of the
harity, and it employs a gallery dir¢¢tor and thr¢¢ art consultants to ov¢rse¢ th¢ day-to-day running of th¢ organisation.
Ind￿ction and training of n¢w trustees
New truslees receiv¢ an infonllation pack upon appoinlm¢nt, whi¢h informs them of th¢ir legal obligations under
charity law, the content of the Memorandum and Articles of Association, the structure and d¢cision-making pro¢ess¢S
of the Trust. the objectives of the Tn￿￿ the history of the Trust and gallery, and inforniation on the other board
members.
Related parties
The charity has close associations with a variety of other local arts organisations and schools. It works closely with th¢
World Craft Town pathers. including Farnham Maltings, Crafts Study Centre. the Famham Pottery. and the University
for the Creative Arts towards developing OppO￿nitieS for the craft organisations in Farnham to projnote the creativity
and the ststus of the town as England's Craft Town and the World Craft City. Regionally and nationally, the Trust has
connections with several art organisations including Surrey Atts, SU￿eY Artists Open Studios. Contemporary Glass
Society, DAISY - Disability Arts in Surrey, Arts Thread, Bishopsland Educational Trust, The British Art Meda]
Society, The Design TTUSt. Making Goode, Handmade Britai￿ The Pastel Society, Royal Society of
Painter-Printtnakers, Arts Council England and The CTaft5 Council. Internationally, the Trust has connections with
curators and orti5ts based in Europe.
Risk rnallagetn¢nt
Th¢ trustees hav¢ a duty to identify and review the risks to which the charity 15 exposed and to ensure appropriate
¢ontr(Trls aTe in pla¢¢ to provide reas(Trnable a5suranc¢ against fraud and error. The Risk R¢gi5ter 15 updated iegularly.
Page 4

The New. Ash ate Galle
Trust Limited
Re
istered nurnber.. 01324906
rt ofthe Trustees
for the Year Ended 31 Mthreh 2024
This report has been prepared in a¢¢ordance witb the special provisions of Part 15 of the Companies Ac¢ 2006 r¢latiDg
to small coJnpani¢s.
Approved by order of the boHrd of tswte&8 on ........ ..
.. aDd siglled on its behalf by..
Nco
ish- Tn￿te¢
Page 5

Inde
endeNt Examiner's Re
ort to the Tru.stee5 of
The Ne)v Ash gt¢ Galler
Trust Limited
Independen¢ examiner's report to the tru5tee5 of The New Ashgate Gallery Tr￿st Limited ('the Company,)
I report to the charity ttU5tees on my examination of the accounts of the Company for the year ended 31 March 2024.
ResponsibilitSes and b#$ls of report
As the Ch￿"ity'S trustees of the Coinpally {and also its directors for the purposes of wmpany law) you are responsible
for the preparation of the accowjts in accordance with the rquiren)ents of the Cornpani¢5 Aet 2006 {'the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be alldited under Part 16 of the 2006 Act
and are eligible for indepeDdent examination. I report in respect of my examination of your charsty's accounts as carried
out under Section 145 of the Charities Act 2011 Cthe 2011 ACV). In carying out my examination I have followed the
Directions giv¢n by the Charity Commission under Section 145(51 (b) of the 2011 Act.
Independent exarniller'5 ststtment
I have completed my exajnination. I confjrn) that no matters hav¢ Come to my attention in connection with the
examination giving me cause to believe..
accounting record5 were not kept in respect of the Company as required by Section 386 of the 2006 Ad,. or
the accounts do not accord with those records. or
the accounts do not comply with the accounting reqllirement5 of Section 396 of the 2006 Act other than any
requireinent that the accounts give a true and fair vi¢w which is not a matter considered as part of an
independent examination. or
the account5 have not been prepared in accoi'dance with the rnethods and principles of ihe Statement of
Recominended Practice for accounting and reporting by charities (applicable to charities preparing their
accounts in accoiQan¢e wilh the Financial Rcpoiting Standard applicable in the UK and Republic of Ireland
IFRS 102}).
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.
Mr
ames Brooks FCCA MAAT
PPK Accountants Limited
Chartered Certified Accowjtants
Sandhurst House
297 Yorktown Road
Sandhurst
Berkshire
GU47 OQA
Page 6

The New Ash att Galler
Trust Limited
Statem¢nt of Finallcial Activities
for the Y￿r Ended 31 March 2024
2024
Total
fund$
2023
Total
funds
Unrestricted
funds
Restricted
fi￿dS
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
12.368
13.000
25.368
29,091
Charitsble activities
Gallery activities
104,987
104.987
97,530
IDve5tment income
1,816
1,816
548
Total
119 171
13.000
132 171
127 169
EXPENDITURE ON
Charitsble &ctivities
Oall¢ry activities
134,408
145 132
142.fj82
NET INCOME/(EXPENDITURE)
(15,237)
2,276
{12,961)
(15,413)
RECONCILIATION OF FUNDS
Total funds brought forward
204,001
2.349
200,350
221.763
TOTAL FUNDS CARRIED FORWARD
188,764
4,625
193 389
206,350
The notes forni part of these f￿ancial statements
Pag¢ 7

The New Ash ate Galle
Trust Lirnited
stered nuThber: 01324906
Balance Sheet
31 Mareh 2024
2024
Total
fvnds
2023
T(Ftal
nds
Unre5trided
nds
Restricted
funds
Notes
FIXED ASSETS
Tarjgible assets
50,879
50.879
61.410
CURRENT ASSETS
D¢bloTS
Cash at bank and in hand
,566
155 048
1,566
159,673
2,868
162293
4.625
156,614
4.625
161.239
165,161
CREDITORS
Amounts falling due within one year
(18,729)
118,729)
(20,2211
NET CURRENT ASSETS
137,885
4.625
142,510
144.940
TOT AL ASSETS LESS CURRENT
LIABILITIES
188,764
4,625
193,389
206,J50
NET ASSETS
188,764
4,625
193,389
206,350
FUNDS
Unrestricted funds
Restricted funds
188,764
4,625
204.001
2.349
TOTAL FUNDS
193,389
206,350
The charitable company is entitled to exetnption fiDm audit under Section 477 of the co￿panieS Act 2006 for the year
ended 31 March 2024.
The rnember5 have not required the COTnpany to obtain an audit of its fu]ancial 5tatcJnents for the year ended
31 Msrch 2024 in accordance with Section 476 of the Co￿PanIcS Act 2006.
The trustees acknowledge thetr responsibillties for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
preparing fmancial statements which give a true and fair view of the state of affairs of the charitable company as
at the end of each f￿ancial year and of its surplus or defLClt for each f]nancial y¢ar in aecordance with the
r¢quirements of Section$ 394 and 395 and which otherwise cotnply with th¢ r¢quir¢m¢nts of the Companies Act
2006 relating to f￿¥4￿¢18] stat¢Jnents, so far as appli¢abl¢ to the charitable company.
(b)
These f]nan¢ial 5tatemeniS hav¢ b¢en prepared in ac¢ord3n¢e with the provision5 applicable to charitable ¢ompanies
subject to the Small ￿MpanIeS Tegitn¢.
The financial statements were approved by the Board of Thistees and authorised for issue on
. and were signed on its behalf by:
The note5 forni part of these f]nancial statements
Page 8

N Corkish- l-rustee
The notes fonn part of these financial slatements
Pag¢ 8

The New Asb 2te Galler
Trust Limited
Notes to the Finanelal Statements
for the Year Ended 31 March 2024
AcCour￿l￿G POLICIES
Basis of preparing the flnaDelAI statements
The financial statements of the tharitable company. which is a public b¢Defit entity under FRS 102, hav¢ been
prepared in a¢cordance with the Charities SORP {FRS 102) 'Ac¢ountin¥ and Reporting by Charities.. Statement
of Recornmended Practice applicable io charities preparing ih¢ir accol￿¢$ in accordance with the Financial
ReporkiDg Standard applicable sn the UK and Republic of Ireland (FRS 102) (effective l January 20191,.
Financial Reporting Standard 102 'The Financial R¢porting Standard applicable in the UK aThd Republic of
Ireland, and the Companies Act 2006. rhe flljancial stat¢ments have been prepared under the historical c05t
convenlion.
The fuwi¢ial statements have been prepared on the going ¢on¢ern basis.
Finall¢Trg1 rtporting standard 102- reduced dis¢lo$ure exetnptions
Th¢ charitable company has taken advantage of the folloiving disclosure exeinptions in preparing these financial
stat¢m¢nt5, as pem)iited by FRS 102 'The Financial Rep(Frting Standard applicable in the UK and Republic of
Ireland,:
the requirements ofsection 7 Statement of Cash Flows-
the iequiiemeiii of paragraph 3.17ld)'
the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(aKiii), 11.48(al{ivl, I1.48(b) and
11.48{e),'
the requiremenis of paragraphs 12.26, 12.27, 12.291al, 12.29{bl and 12.29A.
the requirement of paragraph 33.7.
Income
All incorne is r¢cognised in the Statement of Financial Activities once the charity has entitlement to the ￿nds, it
is probable that the income will be received and the amount can be Tneasured reliably.
Expenditure
Liabiliti¢s are rerognised as expenditure as soon as there is a legal or constructive obljoation committing th¢
charity to that expendithre, it 15 probable that a transfer of economic benefit5 will be required in settlement and
the amount of the obligation can be mea5uied reliably. Expenditure is accounted for on an accruals basis and ha5
been classified under h¢adings that ag¥iegate all cost related to the category. Where costs cannoi be directly
attributed to particular headings they have been allocated to activitie5 on a basis consistent with the use of
resources.
Tangible fixed assets
Depreciation is provided at the following annual rdte5 in order to write off each asset over it% estimated useful
life.
Leasehold building improvements
FixtLtres and fittings
Cornputer equipment
4D/& on cost
250/0 on reducing balance
25Yo on reducing balat]ce
Taxation
The charity is ¢xempi from corporation tax on its charitable a¢tivities.
Fund accounting
U]￿¢striCted funds be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds ¢an only be used for particular restricted puwses within the objects of the charity.
Restrictions arise when 5pwified by the donor or when funds are raised for partscular restricted putposes.
Further explamation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 9
continued...

The New Ash ate G&ller
Trust LtThTt¢d
Notes to the Financilll Statements- ctsntlnued
for the Year Ende4131 MArch 2024
ACCOUNTlf4G POLICIES- eontinued
Forelgn curreneles
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange Tlllillg at the
balance sheet date. Transadions in foreign currencies are translated into sterling at the rate of exchange ruling
at the date of transaction, Exchange differences are tsken into a¢count in atriving at the operatlng result.
Penslon costs and other po$t-retirement benefits
The chaTitable company operates a def￿ed contribution pension schejne. Contributions payable to the
charitsble company's pension scheme are Charged to the Statement of Financial A¢tivitie5 ID the peri(Ml lo which
they relate.
INVESTMENT INCOME
2024
2023
Interest receivable
1.816
548
NET If4COMEI(EXPENDITURE)
Net in¢ome/(expenditure) is slated after charging/(crediting)'.
2024
2023
Depreciation - owned assets
10.773
10.636
TRUSTEES, REMUNERATION AND BENEFrrs
There were no twste¢s' remuneration or other benefits for the year ended 31 March 2024 nor for Ihe Ye￿ ended
31 March 2023.
Trustees, expenses
There were no
31 March 2023.
trustees, expenses paid for the year ended 31 March2024 nor for the year ¢nd¢d
STAFF COSTS
The average monthly number of ¢mployees during the year was as follows..
2024
2023
Management and administration
No employees received emoluments in ¢x¢e55 of £60.000.
Page 10
continued...

The New Ash ate Galler , Trust Limited
Notes to the Financi21 Statements- eontinued
for the Year Ended 31 March 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES
Unrestrieted
funds
Restrcted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
21.091
8.000
29,091
Charitsble activities
Gallery activities
97,530
97,530
Investment income
548
548
Total
119.169
127,169
EXPENDTfuRE ON
Charltable 4Ctivitieg
Gallery activities
1?5.605
16.917
14? 58?
NET JNCOMEI(EXPENDITURE)
(6.4961
{8.917)
(15,413)
RECONCILIATION OF FUNDS
Total fvnds brought forward
210,497
11,266
221.763
TOTAL FUNDS CARRIED FORWARD
204.001
?06.350
TANGIBLE FIXED ASSETS
Leasehold
building
in)proY¢m¢nts
Fixtures
Computer
equipment
fittings
Totals
COST
At l April 2023
Additions
236,529
11,974
242
984
249,487
242
At 31 March 2024
2)6 529
12
984
249 729
DEPRECIATION
At l April 2023
Charge for year
180,920
9,268
6,954
203
195
188,077
10,773
At 31 March 2024
190,188
8,264
398
198,850
NET BOOK VALUE
At 31 March 2024
46,341
3,952
586
50.879
Ai 31 March 2023
55,609
5.020
781
61,410
Page 11
continued...

The New Ash te Galltr
Trust Llmlted
Nots8 to the Financi*l Statsments- continued
for the Ytar Ended 31 Mareh 2024
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Tax
Prepayments
642
1,369
777
722
924
1,566
2,868
CREDITORS: AMOUNTS FALLING DUE ￿THIr4 ONE YEAR
2024
2023
Trade ¢T¢dtiors
Social security and other taxes
VAT
Other creditors
Accrued expenses
9,934
685
2,852
806
4,452
11.339
1,881
1,490
18.729
20,221
io.
LEASING AGREEMENTS
Minimum lease payments under non-caneellabl¢ operating leases fall due follows..
2024
2023
Within one year
Berween one and five years
In more than five years
8,289
31.084
8289
33,150
39,373
47,662
ii.
MOVELtrIENT IN FUNDS
Net
movetnent
in funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
204,001
(15337)
188.764
Restricted funds
Billmeir Rising Stars 2023
Billmeir Rising Stars 2024
Farnham Town Council- Craft Town
England
Farnham Institute Charity 2023
Farnham Round Table 2023
Radeliffe Trust
1,073
{1,073)
1.217
1217
776
500
776
188
500
,944
(312)
500
2.349
2,276
4,625
TOTAL FUNDS
206.350
193,389
Page 12
continued...

The New Ash ate Galle
Trust Limited
Notes to the Finaneial Ststemertts- eontinued
for the Year Ended 31 Mareh 2024
MOVEMENT IN FUNDS- eontlnued
Net movement in funds. included in the above are as follows:
Incoming
resources
Resources
expended
MoveTTtellt
in ￿ndS
Unrestricted funds
General fund
119,171
(134.408)
(15,237)
Restricted funds
Billmeir liising Stars 2023
Billmeir Rising Stars 2024
Farnham Town Council ComTnunity Grdnt
South Street Trust 2023
Ei'ica Leonard Trust
Farnham Inslitute Charity 2023
Farnham Round Table 2023
Radcliffe Trust
(1.073)
(3,783)
{i.000)
(2.000)
1500)
(312)
(1,073)
1,217
5,000
1,000
2,000
500
1312)
500
1,944
500
4,000
12,0561
13,000
110,7241
2,276
TOTAL FUNDS
132,171
145.13?}
(12,961)
Comp8rAtlves for movement In funds
Net
move.me.nt
in ￿ndS
At
3 1.3.23
At 1.4.22
iJnTestrieted fund$
Genernl fund
210,497
(6,496)
204,001
Restricted funds
Baines SAOY 2021
Billneir Rising Stars 2022
Bil]meir Rising Stars 2023
Famham Town Council - Craft Town
England
Famham Institute Charity 2023
9.427
1,063
(9.427)
(1.063)
1.073
1.073
776
776
500
500
11,266
(8.917}
2,349
TOTAL FUNDS
221,763
15,413)
206,350
Page 13
continued...

The New Ash ate Galle
Trust LÉiiiited
r4otes to the Financial Statements- continued
for the Year Ended 31 March 2024
MOVEMENT IN FUNDS- eontinued
Compar*ive net movement in funds, included in the above ar¢ as follow5..
Ineoming
resollrces
Resources
expended
Movement
in fvnds
Unrestricted funds
General fL￿d
119,169
{125,665)
16,496)
Restrieted funds
Baines SAOY 2021
Billmeir Rising Ststs 2022
Billmeir Rising Stars 2023
Farnham Town Council 2022
South Street Trust 2022
Farnham Jnstitute Charity 2023
(9.427)
(1,063)
(3,927)
I 1,000)
11,500)
{9,427)
{1,063)
1,073
5,000
1,000
1,500
500
500
8,000
16 917)
TOTAL FUNDS
127,169
142,582)
15,413}
12.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 Ma￿h 2024.
Page 14