REpoKf OF THE TRUSTEFS AND FOR THE YEAR EiWED 31 DECEMBER 2011 FOR Ainsw¢xtlLS Limii J StsDJrory Audito Stansfitld Stffd Ndy)rt BB9 9XY
FOR TItE ITAR ENDED3AST DECEMBER 2011 Rwtofthe Trwitrt¥ 2 ts 4 Report of tbe lldepeudtht Audlthn 5 to 7 Notes to the Flnand St•teme 10 16 17 18
TllK BOWLAIYDCHARITABLE TRU FOR THE YEAR EYDED 31 DECE[BER 2•23 TRUSTEES HACaTm Ms C Fahy H D Turner PRINCIPAL ADDR Pnilips Ro&1 BBI SNA NUMBER and StatuKry Auditors Stsmfield Stre¢¢ BB9 9XY Uoyds Bottk BB2 IJQ 8 Viaoria AvuNe Harmwe North Y(Kkshir¢ HGI IED
REPORT OF THE TRUSTEES FOR TUE YEAR ENDED 31ST DECEMBER 2023 appli)IC to charitie4 prcwing their p&counts in x¢ordaK¢ IMth th¢ FinWal Rqjorting Stsndard applic4bl¢ in the UK and Rtyybli¢ oflTeknd (FRS 102) (¢fflYt l Jattuw2019}. ObJe¢dveJ tI¢S Thc objedivcs of thc chty are to itm1iTduOl chwilic5 MI Lth¥ charitse (y¥IlLI4 u ddaileJ by the trust in th¢ advanc¢meut of educatio pni¢ularfy ftr th¢ brfft of by way of m&ing 8nd giftins duc&tional equipm1. J setttng ihe objectives of the charity, the tn¢¢8 lJa¥e con8ideTed the 8uidoTrx i&gJed by the Charity C4)mrni85ion on delivcring public benefit. The tru#ces feel this is &hievr4A through their P)rt of otstskn and d)awtu lyaildin activiti¢s foi young tw14 th¢ advwmcjt of edUclral, r¢ligiO 8t aLlturo1 •im5 and wFK)se8 atbj throu8b re4earch into the ¢fih¢ erimiDaljuic%Systtltt in it rtlate8 toyiw offeThl¢r& As at the date of this r¢wi the cumul•tive of doTthM atKI dwitsble proiKts by ts Tn cxcctds £40 million. Grantmkln¥ polky The chan'ty inviies appli10$ for fundiD8 of pToj4xts from Indivisthl& ch1t1¢S atKI (rth¢r ¢h•ritsbl¢ or8aiusatsons in ieular for the promotion of education. The 4yli¢&tions are m direet]y to tswte¢4. wkn me¢t rly to assw the aFvlications. Th¢ tben apprnve or nicct the Slan Prtsie<ts may be fvnded ovtt varying periods of tim< but the majority Aye made &5 one off F4JThart8. Tr tyuMe¢5 alw make grants to other app¢wls and ¢hltIM. NANC REvw TrlnADdAJ revkw Income &crcascd from thc PT¢Y1ty yetr £324,IOJ (2022.. £44U77). The for the f¥ll is due to rau¢ol iknnation$ rwxive( though inv¢3 incm¢ iKT¢•wI • r¢y311 of risin8 inta¢# Tztes which cLKllsKt sli8htly for the rujuthion. Expa)diiuTe increawj from £382.912 £627.466. ]cularlY in of xtivitiN for wdvwwntht of eAIuci which increued from £143276 w £4CKI395. As last year, the charity I0[dea net tIKJth of a loww amrrtmt. The trusteu ¢ sj1i3fd with th¢ outcome Js th¢ Chwi$ tr¢ forthe ¢lribItTS that it VMsestabii to bthefiL The fvnds ol the charity wor £3,147.471 * the eNI of the fllwKiol ye4r. down frrAn £3.437,612 at ts eThd of the PrlDdpgl fuDdlDg wurtrt The majority of th¢ itKorn¢ of the chnty arises on pr¢vi(W5 donttl0 wbith hav¢ betn rttAiI on (Wit or inycsted in ord to gcncratc WL invcs1tncrt rtlum to fuThl future yarfs ¢haritable*tivitic& Invertmettt polky ud t)bleetlvo• To th¢ extent that the ch8rity$ fi]nds bknt iwxn uled to gward they habt beth bdd on &ysii inve&ed in tnt¢res¢ atld dividends trkn]ling £.767 (2022.. £16219) h&5 bcah caTllc41 by the cjwity in thi5 wtirt8 puiod due to inler¢st rates.
IIEPORT OF THE TRUSTEES FOR THE YEAR ENDED 31Sf DECEMBER 2023 R#erYe¥ pdiq The Trust was estsblislLvJ with wraj don] fr¢MD th¢ Cami family. The of th)natIo wAq to pn)vide witsi frotth which graws could bc rnadE for a nwDiKxofye4r5 ts) Cl. At 31st Decunber 2023 the (ri¢S totsl fiuMt£ CWT1 forward st £3.147.471 (2022.. £3.437.612). Of this ounL 95/0 wffe held as thsigjkqtal fiw¥Js ID of intentto8 mJe award ants have bttn &immunicatoJ to bencfici8Tie& At 31st Dcccrnber 2023 free sC[VeS Carri f¢yward wa¢ at £nil (2022: £378.439). This is to nd eXpa)dIre in the year 8nd inve#mertts in fixed assets both roJwiDB 8al fijnts. Th¢ tru¢<8 are frtt to transfer l)Jnds from designatcd fijnds to th¢ 8u)erni fiuMI if d&str¢(L the elJaTity has rninift)al c4)mmitment4 therefore the jack of ftee reserves is noi a c4Thern th¢ ¢tiity. the value of liwid ¢ash holthD85 ineN$ at the year thd wtr¢ jnore thon £3.3m. FtrruRE PLANS The Chality will continue trj charitits INI (rfhw chorilabk 0150110$ in tk fijrther of Éts Governlng The Bowland Charitable Trust fthe ¢thariV) a¢Jbli4Kd on 2&h Fe 1985 aNI 18 Te8i#ettd with the Chwity C(rni88leTr (rffjitrtion numbtr 2920271 Thecharity is 8ovqwJ by a tsu deJ d&teAI 26th Fd>nwy 1985. Rect)ellt Attd •ppolntment of tsew Trustees are aP)inted to refiect tk skills rADllmJ io wrt th¢ charity and its rang¢ of ti¥l¢S. The trustees thcmylveg appoint rTh truste¢¥ lo the Board and pToide qNK)itrtcu with 8 ffijll ori¢ntstiOn of the serviets provide4 the de¢ision-making prre89 of Tnt the leS arml resrA)nsibililiu of a In including their legal obligations undcr applicabl¢ ia The In1¢& who have 8¢rd during the y¢•r JirK¢ the yew •# •Jl on p¥e GAnt applieptiom dirtttly to the wk) r¢8ularty to as848 th¢ 4Jplications. Tr tru#e¢y then approve or ¥¢jt the The charity hag no fijll time employw t4rt all aryiloycc tsf a reltsi company is involved in assi#4t with th¢ athninisttxtion ofthe charity. The tnA#ees t&keear¢ of the thy to day numing wxl l¢Bal rwimcttts ofthecknity. Rhk m•D•gement po]ley The Tnle¢S rtvicw th¢ moior risks by the dwity durtn8 tIiT Year me¢tin8s exxffirn tlwe are syems ' place to mitigat¢ them. ]lltan risks are milliml by syWion of artics prr(¢s for wth(ffiSation of all The tru#ees are restmmsibk for PTrpann8 the Rert of the ThLtrs th¢ fiDKial sthternt¥ts in ¥¢wrdyntt with appliobte law Hndunited Kin8dom SlndaTthIUnit&l KIngGu Acceptyl A(AtIng Pr*xiceJ
REPORT OF TRusfEES
FOR THE YEARENDED 3AST DECEMBER 2011
STATKMENT OF TRUSTEFS, RFSPONS1BILTf. WAthiued
The taw applithle lo chan.tiu in FmglaThA and Wale4 the Chariti¢s Aa 2011, awity (AcL)Jllts Rcports)
ReguiatKns 2CN)8 and the PmViSiODS of th¢ In deal rffjuifts the to prepart financ statemeJJts for each
fItian y¢aT whi¢h give a tru¢ and fw wew of the stste of thTf5 of the clwity of the I)mIng resourets and
a[lIl70n of reswc¢4 inclwJinE the In¢X)n of the cknriry for th8t rKri
REPORT OF THE INDEPEND AUDrroKs TO TRusfEFS OF
Oplthn
We have awtited the financi 5t¢Tne4ks of Tr Bow]and Clwritable TTU&t (the 'dwitY) for the yeoT endol
31st I)eccrnb 2023 which Mprise the St&a))ort of FillW]#1 Adiviti4 the Palae Shed ncrfes to the finattci
ststerncllty including a gjmmary of wific4nt %nting pAicies. The financia] IVllE that h&9 be¢n
applied in thcir prtpatalion is applithie law a1 United Kin8&rfD IUDiioJ KingO)m Ga)erAIIy
AW¢d Accourti'ng Prxtiee).
ID our (yinion th¢ financi statuneth&'
. give a lrne and fair view of the #8te of the affaizs as a 31st Deumbtr 2023 ¥1 of 7ts iw)n]in8 r¢8(XWCa
and application of for the ywthen (L.
have been prwared in &cords¢ with rvwirnnemts of the Ctwitic5 Ad 2011.
B for ¢plDIo
We wndud¢d our wjdit in rdantt with knttrTrioJ Standards on Audiiing (UK) USAS (UK)) and 8pplie&ble law.
Our t¢SnsibIlItieS u]th tFos¢ aand4rds are fillthcr de6cnW in tr Auditorf re¥rt)rfjibilities foT the audit of the
rthattcial 5tatcmaLt8 Kction of our reph)n. We we IPe ofthe cknity in the ethic4] requirements
thgt ar¢ r¢l¢vant to our audit of the fthattcia] th¢ UK including the FRCS Ethica] StAndr4 ond we have
fuifillcd othcr cthicaj TesTron&bilitiu in xcord8C with rt4uircmrnts. W¢ bdi¢v¢ that the audit evidence we
hw¢ obtained 1$ sufficbent arLd appr(oii8¢t wovidc a for(rtr opinic.
relAtlJry to lo1 eotttun
Jn audilin8 the firtartcial Aaternth w¢ have concluthd that the of the goinB COT tasis of ting in
the prepaTion of th¢ staments is 4VThVTiatc.
Based on the wotk we we have identified w matrxia] utteatiinties tdin8 to events or ¢onditions
. individually or collectily, cast silfiClI doubt OD the thritys abilily to continue * & goin¥ concem for
Our Te4Jonsibilitie5 aDd the regp)Agbilitiu of the trurtecs r•1 to goi ate driE<ll in the rdev
se
REFORT OF ThE INDEPEND AiJDITOMS TO THE TRUSTEL8 OF As explained more fully in the Stgfern of TnL R1]Itie the truatts are wible for the pwaratioll of finar1 5tatcmcnts which give a Ime and fair view. 8rd gjch irteznal control a8 th¢ tteeS d&ennin¢ 1$ tn ptq)ating the financiaj attmrnty the truste<s ¢ rSible fty I&$18 the ehoriiys abilty to Lyffitirtue &q & goin8 ncern. dil05] as aFolicabl< rnatta5 Td&ed to going o)neeTh ugn8 the going (y)JJcem 15 of xcouniing un]e&fj th¢ either iMemd to liquidate th¢ charity lx to C¢ ot¢rion& iy have no realistic altern&ive but to do We have been apFoinloJ as 8udii0tS Sc¢Aion 144 of the ChaTi¢ies Act 2011 it) with th¢ Act and relevwrt rcwJlati(ms m¥kor ha%Trng eff1 thender. MajaI tnLS#atemc, whdb¢r io fraj ctyor, and to issw & Rqxxt of AuditOT5 that intludes our opinion. Rewnable awjnnce is a hi8h level of ¥surdrw but is not a guaran¢ an w111 conducted ID accordance with ISAS (UK) will always a material Wh tt exiAS. Mitsts¢me1 can WIE¢ from ftaud or uror aryl 4r¢ w)d¢red materi81 if. indiNithJal]y or in the AB8rt8at4 tIKy Uld reamably be Wed to in11uet the Tr ¢Kl¢nt to whith c4W pr(edwu aTec4bk ofthtiDs irrtguloriliw iTKludin8 fraud is d&le0 Ixiow: B&%ed on our unduandin8 of the Charity 8tyJ the llure of the seLtor in whith tl oprt we bave identified that the princip risks of nonOmplir¢ with laws rryulions reJad . l>ui wue txx ]imileA the Chwities Act 2011 and w le8i8latiM. (including th¢ oveThid¢ of controls) And dderniinoj that tbe prirKitA] risks wu¢ T¢lakd to mry¢m¢nt bias aryounting eslimat¢s 8a wdii desi the risks in¢lu&4 I¢ wue not limitaj to.. and fiaud; . Agre]¢ ofthe finallcia] swanents thscl(wresto undewlying 4Wln8ikaU . Performing an8tyiio] proeethtstt to idtntify any WLUbwai or un01ed rdiorL8hips may ]liCAte risk of m&aiai mi&4atement dueto fraud.. . Oiaining an undcrathg of provisions trddin8 dipL&8i¢Mg man4emart to Uttde the thi$ of (wition or non-rewiiion of FffOViSiO . Ob¢aining an u1¢r]ng of ltitern ¢(thls trjevwrt to the wtht in tyder to thign •Jdit tht controls. Our audit pnKethJTf8 wtte design to to risks of m*ttitil Mi1cMt in thc financial Statem rtto8nising that th¢ risk of not thteaing a matttia] rni&statcmaLt due kn fraud is higb¢r than the risk of not dete¢ting one resulting fri erTor. w fraud may involve C(xttrt by or thThgh wllusifft. Thar &Tr inherent limitatio in the audit proeth p0[mel5 aTrl the furthtt removed mi-U)mpiianee with and re is from th¢ eVts andtTrnsXti refittted tn the find181 the likely weatetobttome awaTeofiL Council¥ website at Www.ftcUklaUdi1OrnEq1OblliI1C& This tscripti(ffi fonTh5 P3rt of ow RqKrt of the Ainsworths Limited is digiblc for aTwinlmcllt audTtw of the ¢hrity by Virt of its di1]iry for appointsnent aq kuditor of a compw understttion 1212 of the compam Act 2(.
Ule of ourryort LIMI7ED BB9 9XY
FOR THE YEAR ENDED 31sr DECEMBER 2011 31.1123 31.12.22 fwid8 n¢ts Donations and ]leS 263J33 426,358 é0,767 16219 Totsl 32A,IIMI 442577 CIL•rltble actlvStlos Advanccmcnt of &lu 143276 115.333 4.IX>O 46,(KJO 69,428 88J76 Rttr¢a¢ionai aaiYitie$ sup)rt for activities of youn¥F Other ch•itsbl¢ exp¢nditure Other IU116 4.875 Totsl 627h66 382,912 Nd B&in{lO5$) on investmall8 225 146&459) NET INCOWEXPENDITURE) {794) RECONCIUATION OF FUNDS TLai brought fomrd 3837h12 3,844,4Cks 3.147871 3.437.612 CoNllNU OPERAThONS All incom¢ <MIlUrha5 aTiqen from EnUing 171¢*
31sr DECEMBER 2011 31.1223 31.12.22 FIXED ASSEf6 Tangtle &wets 309J•g 1?7&664 173.949 U81,973 173949 Stocks DebtOf5 sohoo 331J33 252.0(Xl 68.C(() 1,944.808 1,939,CS9 Cash at bank iJ8ViO 1.770,143 4203.907 CREDITORS Am4Jhnts failinB due within onc y¢ io eJ•4th45) 1940,244) 86S498 3263,663 TOTAL ASSETS LE&8 CURR &147J71 3.437,612 NET ASSETS 4147071 3,437,612 UDrestrided fill)ds J,J47871 3,437.612 TOTAL FUNDS 3J47A71 3,437.612 wuc on tts bejwjf by.. HAIcann. TnL*e
FOR THE YEAR ENDED 31sr DECEMBER 2011 ACCOi7NllNG POLICIFS The fina181 stalemeths of thc charity. whith is a bliC iefit Itity under FRS 101 hav¢ bc¢n prqmred in rkn with the ChaTiti¢s SORY (TrIiS 102) Accounting RcFKKtiD8 by Charities: Ststement of R¢wling StaThlard 4wlicable in the UK and Rybli¢ of Ird•xl (FRS 102} (cffc£tive l Jaouay 2019),. Financi8] ReFwLing Sdrd 102 Tr Fina11] R¢wtrrtirt8 Stdard #ppli¢abk in the UK and Rcpublic of trdaD(r and the awities Ad 2011. The finanLYal #atemarts have be pryed th¢ hisioricaj ¢tht Conventio with thc rXCrytir of inV¢sM¢ts whith are includtyj at valu4 mtyj>fil by the revaluation The Bowland ChaTitBble meets the thfinttion of a wbiic benefit artity unedy FRS 102. Ads ond liabilities 8r¢ initially rttwiscd * hirfoiical c(& ( tItiL Tnlu¢ uolu8 Otberwi ststed in the rdeNwJt a¢couniing pjliey nthels The ¢haTity has tsken &jvants of the followin8 di8elc&rt ts¢m¥rtion in WePArin8 th¢se fin4141 statem1$ &4 ittoj by FRS 102 TrFinarKial Rwtir4 StaDd¥d alIle in tk UK and Rwbjic of Irel8Trf: the Tequjrtmtts of stixi1 7 Sthmem of Cath Flow& cr11k A¢eounll4Jud8ements ••d key ofuthD•thn uv¢rtalnty The prepthtion of the financial aatements Tt4uirts th¢ truaees to makc jud8cu• estimates 8swmption6 that aff the amounts roy)rtcd for a58ets and liabilities &$ at thc shed d the amwnts rwted for irKome expettditure (hJrin8 the yc•r. However, th¢ Dthire of emimation rncans that acttl outeornes wuid differ from thos¢ ¢51IMats Thue ue th¢ involving ¢inliOn uNtrtainty. Th¢ followin8 are the Grwrfs key re¢S of e#inwion uMtsity.' Dewttiation i5 proVId bAs•J on tt(peL#ed LLYfvI life of its thn8ible assrts. The acthal useful lift of Buch &4ets may be shorter or low thwn anti¢iptsl If the u8eful Ibf¢ ha$ to E¢ thorter th•R 4nti¢iPAte4 the &sxt will k written off ordi4wd of as 4yropri Accnmls are estimatts of ¢¥)s thot were inoMToJ up to t year aML the 4mounts of wbich wrJe kW & the year eNL Any vari¥nc¢ betwttm antieipd costs wcnJ in the pthat pendItUre after year will b¢ TW)gnised in the Stat¢Tn¢nt of Fir1¢1 Activtlics in the following o)unting pe111. Donations artd othcr inc¢ we mlittij w thr Statcmart of Financial Aaiviti¢S &5 tlw bQme duq gmss of in¢ t&x whrx¢ wlicable. which have b¢¢n xqutr&J bdow mth¢t value Are i]Ude4 in the nIS ai their full valu4 with the diff¢r¢rK¢ IStd 15 volun iTwm ifi¢ rn rwxivable are crediw to th¢ of Financial Actiitiu as brxLMne due are rctffes¢nts irtteMI riT1b1C and divi&TrJs tIVabl¢ the Ctmitys that hdd for an P4e IO continued...
FOR THK YEAR EiYDED 51 DECEMBER 2013 Liabilities ar¢ Teco8niseAI & cxpthjiture a% s(x)n &% there is a kgal or comtruuive d)ligation ¢ommitting the dwnty tsTr thai eXpendtti it IS PTohble a traDsfeT of benefits will Ix TlIed in 5cll]ernt 8tHI the thnouffl of the obliwion fdn mAWTt41 r¢liabty. F]fr¢ is for on an xcrnals basi5 h&. tribut¢d to rArtioJ]&r hin8 Y hav¢ iw allc¢•l &tiViiies OD a consient with the use of Expcndttrjrc charitable &tivitiu TqKWs expthditltre 1DeUe in futthttw of t Charitys (kniects. Th¢ mojority of the exlts¢ relates grants pwabk. Grnnts ab]e Ar¢ [tCo8I as ¢xpenditur¢ in the Statemu of Finan¢ia] Activities onc¢ thepaymtht has icn to tls in¢entsl rttipiejrt. TaRIIAe tstd DlatIOn is the foll¢)wirw in to lte off ¢xh wet over its useful life. Frtehold Comw quipmutt SiLKks are Valu at the low# of¢LMt nct lISble makin8 th allow¢¢ for obEolete ilow Movi it¢m& Stocks aT¢ held to be donattsl to edu¢a establislynenty in of th¢ ¢h8rity'sthiects. TAxAtIots The Charity is ex¢mM fr( th¢ liability ¢0 inc(MDe tax on its rlwitable tivities to the eAt¢nt IltTr incom¢ 1$ used for charitsble Any irwn¢ uy¢d for dhjritsblc purp(xs is sllbjt to itteome the approprith Unr&%tiidt4 funds ¥¢ fimd8 whi¢h can be in with the charitth¢ (•j¢ts ot the di8crdion Of the Desiwwed fvnd5 are funds which tr TnMtt8 set lde with the irtemion of makirtg wific gwards. Th¢ itttcn<kd gr¥nt 8W8Td is rwnixd withiD dtsipoJ fimds onv a thision h&q be taken by the Twste to rnake the award. However such dttisi(Ls ar¢ JKrt ¢0Trtra TW binding and w obligalion IB ueatcd. The grant is removed from dr518Tl furmls Wb eithu the pa)Intht is to the TlpI¢llt or the TNstcts thaw their inte4llilO th P1J1elltIty or indiv1. RCstried funds tre fund8 that on]y t¢ a&ylitiJ for particu]ar purpLW as ipuiated by the alty or individual that remitted those fiu Forelp ¢urreDd A&Yts and liabilitiu in ftrtign rCl¢S tre ran8 In ertinE d tk rate5 of cxchan8e ruling * the ance shtt¢ date. TTWtions tn fotei8n curytttcies are tsansl&ed into 6Aing at the rales of exce ruling at the d of tr•tioL EKce differenc¢sarrtakea into in wriving atthe oF¢ratinB ffsull& Bagle fin4llei•l lmrtrts Trade other &btor5 8rc initialty * trw¥tith PTi¢¢ le&s tribJtsble tJ&ttwtion C)sts. Trade and oth¢r cicditorn are reco8nis•J initially at trtion Pri plus th[ittable trMion Co$ Subs4uurt to initial re£]110 they are Maq]r at amortisot st the effLYtivc intUts1 rnahod, le atty UnlM)ent 10&scs in the case of trade debtOTS. If thc mD8ement l41[1u1es a fine1Th8 for eK&tnple if payment Pageli (l)ntirni&t..
FOR THE YEAR ENDED 31ST DECEMBER 2011 B£ tln4Ddal Imtruments All gaiTh8 and Iow5 tak¢D to tt of FUla1 Aetivitics thry atix Reaiistyj losses o purchas¢ vut if ¥quird subsequ1 to the fiTht of the fiTwieial yetr. Unrrniistsl atml 1055cs are Iculatcd the differertC¢ t4#ween th¢ fair value the ye4r ¢nd and their ewing Reaiise4J 8nd 31.1211 31.1222 Interest receivable on cth gt bAnk vidend5 receivable listed 50,0 I708 31 16.188 767 16219 There weye rp tnle& remunerati or odKr berIts for the year 31d De£embcr 2023 nor for the year ded 31yt DeMber222. There wu¢ no Irusted Fd the yw 31bt Decem 2023 ts)r for the Y 31st Dember 2022. COMPARATIVLS FOR THE sfATEMENT OF FINANCIAL AcllviTILS Unwtrict•l Donations and Ie$ 426358 In*Kstmertt in¢(Kne 16219 Tothi 442,577 CIthTitknle 8¢tl 143276 115,333 Reliou$ %tivitie8 Rwreationai actiNrytie6 SUR for 1Ville$ of y(w 69,428 4.875 382912 Net ga100$$C9) inVestity (466.459) Page 12 o)ntimial...
Norn TO THE FfNANCIAL STATEMETh. ¢01ne FOR THE YEAR ENDED 31ST DECEMBER 2011 Unre&tii¢tsJ fijnds (406,794) RECONCILIATION OF FUNDS Trrtaj filnds brou forward 3.8H.4(k 3.437,612 TANGIBLE FLXZD Frtthold Comput¢r equipmthi Tthals At ]# Jarw 2023 Additions 174326 13l79• 174226 A¢ 31# DecanE4Y 21Y23 U56 3119172 DEPRECIATION At 1st January 2023 Clurge forye4T 277 At 31a Dttanbcr202J 277 NET BOOK VALUE At 31st DeremE¢r 223 3o4rJ9 309J09 Ai 31# Decanber 2022 173,949 173,949 L4St&J Additions Diq)wJs R¢valuBtirng W75 (40,986) 14,967 IP44W8 At 31# D¢¢¢mber2023 NET BOOKVALUE At 31st Dwcmb¢r2023 1gTr6(4 At 31sl DtLttrbcr2022 P8g¢ 13
FOR THE ITAR ENDED 31Sf DECEMBER 20LI orvaiuatiffi * 31st Detember2023 is JEFYathJ by: ValustiLYL in 2023 J,972ffi64 STOCKS 31.1223 31.1222 Sto¢k8 251) 31.1223 31.1222 lknr dcbtQT5 331J33 68.1 31.1223 31.12.22 Listed investment$ 1,944,808 I& CREDITORS: AMOUM FALLING DUE ONE YEAR 31.1211 31.12.22 Taxati(ffi and swi8] Irity OthcrLTeditors 74244 866.( 827,9 ii. At 31.1223 Ail.123 General fijnd Dc5]ated fund Capital (W132) 14925) 925 165J8Z 1981,9#9 IOD W712 (M141) 3,147871 TOTAL FUNDS W7*12 {29141) 1147h71 Page 14
FOR THE YEAR ENDED 31ST DECLMBER 21LI Gains and Movtznent in finxls OUra1 fiuMI Des1]ed 324JOO ($4S457) 13325 (208,132) 324,1(VJ {627J66) 13225 (290,14J ) J¥ioo {627466) lJ225 (290,141) Compr•dves for Ill fu Nd Trarofus At 1.122 31.12.22 UDmtrl¢ted fuDd• General fynd DUlgted futKI Cpits] 1.046,961 IP)7.345 (361.438) {45.356) (307.084) 307.084 37&439 3.059.073 100 3.844.406 {4[.?94) 3,437,612 3.844,4(NS (4ffi,794) 3,437,612 CompaJive net llvem iti futh ]ld in theai)veaTr a¥ ftsllo in fijt General fund Desiwiated filljd 44¥77 (337J56) {43J36> (466,459) {361.438) (45,356) 441577 (381912) (466.459) (406.794) 442,577 13W12) (466.459) (406.794) an indication ts the picépectivedortts oftrir imention tOFmide the overaFtid oftim other outgO?Dg Mourr¢s pRyable 8VIllable tythet14cQ8 itt tx)rd8DL with the ¢bgJit4ble obj. Pa2e 15
FOR THE ITAR LYDED 31ST DECEMBER 2011 During the pr. vnlittbirk Finw limited a cornrAny iD whitb the tru¢ H A C4llD is th¢ dirèxor. retharg&J co&s of£24J60 (2022: £24.CW) for theccdt ofthe ctrwitys adMirion. Ai 31s1DclnlT 2023. the amount owed to thi5 Tdatryj m was£nil (2022: £nill Grnndchildrn'sTw 8 trua which mubjal true¢8 with the charity. A¢ 315¢ DaTrIr 2fy23 thisTelated party W01%1 £1CK).(th (2022: £3C,1m1)byth¢i*Arity. Setllement Accumulation & maint Furf atrua which kn 11 truths with thecharity. At 31st Dber2023. this TelatrAI pHrty Was0w£44S.clx&(2022.. £445.(XQ) by the cljarity. dinl which has muru81 tsuAet8with the charity. At 31st December2023, this r¢ltsJ £50.C(O{2022.. UQ¢XKI) by the ¢harity. Pag¢ 16
FOR THE YEAR KNDED 31sr DECEMBER 2013 31.12.11 31.1222 J33 426.358 Inve¥tsxent Ille Jnter¢sl rtt¢ivabl¢ on lnk Dividcnd$ Ttccivable ¢M listed investn 5•059 31 16,188 Oll767 16219 324110 442,577 EXPENDITURE Cbarttb]t thet1t M8n8g¢m¢nt ¢har8C Profe&qionai fets Gratlls to inrtiNlions SOJ30 10.140 316.ICQ $25J39 37&579 Other Jnlertst on tsx 727 Suppoyt ¢ts M•nawll¢Dt Advthiiing 13JlO Flmnce Rates &)d water Bank ¢harBes 1,918 135 1,458 2J39 lJ18 AudttOT$' TemuMati Taxa¢ion 5.1(N) (285) 7,154 4,815 Tota] cxpen&)J 627466 381912 (txpendlthrnNIoMe before 59,665 Pag¢ 17
FOR THE YEAR ENDED 31ST DECEMBER 2LI 31.1223 31.1222 (1,742) Net {expendlthreylneome 130&1O8) 59.665 Pgge IB