Trustees’ Annual Report for the period
From 01/01/2023 Period start date To 31/12/2023 Period end date
Charity name: William Davis’s Educational Foundation
Charity registration number: 312314
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | (A) A Sunday school or classes for religious instruction in accordance with the doctrines of the Church of England; (B) Evening or other classes for instruction is secular subjects or lectures of and educational character; (C) Physical instruction; (D) The advancement of education by means of a library or reading room; (E) Otherwise promoting the education of children; candidates for the benefits mentioned above to be poor children resident in the beneficial area of the metropolitan boroughs of Stepney and Hackney. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Grant giving to support extra-curricula activities in schools in the benefit area. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | All Trustees are guided to the information published by the Charity Commission, and the objectives of this Charity. All applications are discussed, and decisions arrived at jointly. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | Grants are offered to Schools proposed by and operating within the ambit of the London Diocesan Board for Schools (LDBS). The Trust’s original Governing Document is geographically restrictive. Trustees give priority to applications from Schools within this area and will only approve grants outside the traditional area |
| of benefit when the project demonstrates innovation and transferability. |
||
|---|---|---|
| Policy on social investment including program related investment |
Para 1.38 | n/a |
| Contribution made by volunteers |
Para 1.38 | n/a |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | A grant of -£25,000was made to support the delivery of a joint project between two schools within the area of benefit that had been proposed to Trustees by LDBS. This project will provide opportunities for pupils to benefit from a more rounded curriculum, expose them to new skills and the effects of engaging in new activities, encourage them to pursue new interests. It will also provide professional development for staff and raise the profile of the school and promote the subject to families and the community. The professional Fundraiser achieved an initial grant from a charitable Foundation within six months of his appointment and Trustees have agreed to retain his services. |
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 set
| Investment performance against objectives |
Para 1.41 | |
|---|---|---|
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | At the end of the period the Charity held reserves of just under £21,000. This is lower than in previous period when it had not been possible to make any grants. Towards the end of the period the Charity was successful in a bid for funds from a charitable foundation in respect of one of the projects proposed by LDBS. These funds are reflected in the figure and will be disbursed in the early part of the new period. The Charity’s income is derived almost entirely from two investment funds, the performance, risk and costs of each being reviewed annually. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves will be held to allow a degree of flexibility in grant-making, to mitigate the potential for this being affected by cashflow, to allow support for exceptional projects, and cover any unexpected expenditure. |
| Amount of reserves held | Para 1.22 | £20,857 |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n/a |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Foundation CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Election to post |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | We support Schools within the ambit of the London Diocesan Board for Schools (LDBS) |
| Other |
Reference and Administrative details
| Charity name | William Davis’s Educational Foundation |
|---|---|
| Other name the charity uses | Davis Trust |
| Registered charity number | 312314 |
| Charity’s principal address | Coglan House Old Monmouth Road LONGHOPE Gloucestershire GL17 0NZ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| John Henry William Davis |
Chair | |||
| Charles Stuart Gould |
Trustee | |||
| Alexandra Gould | Trustee | |||
| KayLouise Boag | Trustee | |||
| Sean Davis | Trustee | |||
| Elspeth Mitchell | Trustee | |||
| Lynn Elizabeth Maxwell |
Trustee | |||
| Mark William Davis | Trustee | |||
| Walter William Davis |
Deputy Chair | |||
| Fiona Saunders- Watson |
Treasurer | |||
| Nicola Jane Daubeny |
Clerk | |||
| Cecilia Jane Paton | Trustee | |||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets n/a held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
N J Daubeny | |
|---|---|---|
| Nicola Jane Daubeny | ||
Clerk and Trustee |
||
| 10/10/24 | ||
| 10/10/24 |
REGisfERED CHARITY NUMBEIL. 312314 Coopws&Co Ltd 204 Hckot Road North*mptonsN NN6 08G
FOithI Financial State BER 10
BER 2023 prepwing their aCCnts in accordance V•ith the FmrKial Rwting Stznd¥d appfK2ble In the UK Republic of Irda1 (FKS 102) (effective l January 2019). STRUCTUR4 GOVERNANCE AND MANAGEMwr Governing document REFERENCE AND ADMINisfRATIVE DEfAILS Registerèd Charity number 312314 Princiyl addr•ss c3 House Old Monmuth Road Longhopt Gtoucester5hir• GL170NZ F S Watson Lead Trustéè J H W Davls Chair C Gould A Gould E Mitch S Davis KLBoa8 NIDaub MWDwls L E 11 W W Da¥ls Ind•Pd•ne Exwnin•r Mr Kupesh Pat Coopers&Co L Thistledovm Blm 204 Hc4cth Ro Sywell NorttrAmpton Nc*tPAmpton$hire NN6 OBG F S Wlatson- Trustee
wlrn D Ind•p•ndent examiiier'5 report to the trustees ofwilliam Da¥is's Educational Foundation I report to the ctwity tnw orl my ex2mw)ation of the accounts of VIllM EdurationJl Foundatoon (the Trnrt) fcr the year ended 31 Decembtr 2023. Responsibilib95 and basis of report of the Charttie5 Act 2011 fthe kn). I report in respect of my examinion of the Trust's accounts carried our undw Sth 145 of the kn and In arrying my examlnation I have foliowwj all aP¢8ble thrtIO by theFharity Coffffii55w)n urhkn knion 145(5)Ib) of the ACL acc<wnting records ve not kept in rw ofthe Trurt as by kn•)n 130 dthe * or the accounts do not attord with those records" or the accounts do no¢ rompty vAth the applicable reqLarwnemts £ernIng tht fami and conteth ol Kcixmits set out in thg drdwn In thls rwt In ordtrto enable a pr¢pw ofthe acc(xwNs to be reach. rtr KLpe%h P&t¢l Cow$&Co Ltd 204 Hok¢X R(4d Sell Northampton Noth8rnPtonshlr• NN6 OBG 19 April 2024
IDEC 2023 2022 To lunds INCOME AND ENDOWMEpifs FROM Donations arA l•oe5 4,102 Investrnart inc¢ 29.693 27.642 33.795 27,742 EXPENDITURE ON Raisi fund5 31191 1.124 Total 35.191 1,124 Net DIno¢S$e$l on invesrnts (40.207) NET INCOMEI(EXPENDmJRE) 41.113 (13389) RECONCIUATION OF FUNDS Total funds bro forward 858,282 871.871 TOTAL FUNDS CARRIED FOAWAIID 899.395 858.282
BER 2023 2022 To funds FIXED ASSErs 880,037 807528 CURREMf ASSErs Cash at bank 10.857 50.754 CREDITORS Arnounts falling due within one year (1.499) NET CURRENf ASSErs 19J58 50,754 TOTAL ASSEfs LESS CURREMr LIABIUTIES 899.395 858,282 NEf ASSETS 899.395 858,282 FUNDS UnreStyKttiJ hjnds 899.395 TOTAL FUNDS 899.395 858,282 b•half br. F S Witson- Trusthe
IDE EMBER 20 ACCOUKnNG POUCIES The ffinancial thtements of the ch¥ity. is a benat thtity FRS 101 have been PrePd in accrAance to ¢hariti¢s preparirg their accobJ)ts in acc(Aae the fiw7021 Rwtj'ng Standanl applKabie in the UK and Republic of Irdand IFRS 1021 {effeCte l JaNJary 2019>.. nanda.Rep(rtng Standard 102 The Ffjnancial Standard applicable in the UK and RepLth Irf lth. and the qRrities Act 2011. statements have been prepared Incom• All inc(xne Ls r¥-wTrsed in the Statemwx of 11131 ACtiVrt On charity has mtitlemth to the lunds. Itls probable Expendltuve tndlturt it Is probabte thrt a transfer of b•ths why be red in Sery1t and the amnt of the oblig*tion can be measwed rehabty. EXlit[rt Is xcwntwj fv on an basis and has been dassified under hèadings that a8yeKate il ¢ost rdat•l to the ca¢qtry. V¥hwe costs Can be attrltrrtrt to partlIr heading5 Taxation Fynd a¢¢ountlni Unrestricted fijnds can be usal In accordarte thè Ch¥1 oble5 at dIre ofthe trustees. Intan8ibl• awts Impalrnient los INVESTrIEKf INCOME 2023 2022 29.512 27.627 15 29.693 27.642
DA 31 RAISING FUNDS 2023 2022 Fundraising costs Charitable donatic$ Support costs 5,447 25.1100 1.744 1.124 32.191 1.124 TRUSTEES. REMUNERATION AND BENEFITS 31 December 2021 . 2023 2022 COMPARATIVES FOR THE sfATEMEMf OF FINANCIAL ACTivmES un511 hjnd INCOME AND ENDOWMEPfft FROM Inv•stm•)t irKome 27.642 27.742 EXPENDITURE ON Pjlsing fvnds 1.124 Net rdlnsloossw) irfywtm {40.207) NET INCOMEI(EXPENDmJRE) (13,5891 RECONCIUATION OF FUNDS Total fvnds brou8ht frknvard 871071 TOTAL FUNDS CARRIED FORWARD 858,282
EMBER 2023 FIXED ASSEf INVESTMEKrs Unlisted MARKET VALUE At l JInry 2023 Addiiions Revaluations 807,528 30.000 42,509 A¢ 31 Dernber 2023 880,037 NET BOOKVALUE At 31 Decembw 2023 880.037 At 31 Dernber 2022 807,528 Cost or fdluation at 31 Dernber 1023 Is br. Unllsted Valuatic in 2022 Valuatk4) in 2023 (40.206) 42,509 877.734 880,037 CAEDITORS: AMouKfs FAWNG DUE WITHIN ONE YEAR 2023 2022 1.499 MOVEMENT IN FUNDS At 1.123 Mi fijnds 31.12.23 Unrestrirted funds General fund 858282 41.113 899.395 TOTAL FUNDS 41,113 899.395 ¢LtinUed..
ND CEM MOVEMENT IN FUNDS. continued in funds General fu1 33.79S (35.191) 41509 41.113 TOTAL FUNDS 33,795 {35.191) 42509 At 1.122 hJThAs 31.12.22 unrt¢¢4d Thd* Ga)eral fund 871071 113589) 858.282 TOTAL FUNDS 871MTI' (13.589) 858282 ins and )55es Movement In ndS Unrestrlct4d thnds GtraI fLd 27,742 11.124) (4020n 113,589) TOTAL FUNDS 27.742 (1.124} (4020T) {13.589) Net At 1.1.22 31.12.23 General fund 871071 27.524 899,395 TOTAL FUNDS 871071 27,524 899.395
Sta BER 202 MOVEMENf IN FUt4DS. contiTh*d Gains 3nd Movemenr in tunds General fuThl 61337 (36J15) 1302 27.524 TOTAL FUNDS 61.537 (36315) 1302 27.524 RELATED PARTrDISCLOSURES
MBER 2 2023 2022 INCOME AND ENDOWMEKrs Donations 4.102 Inrmstment iKom Other fixed asset invett. Fll Deposit account intern 29512 27.627 15 29.693 27.642 Total incomin¥ r••ourc 33,795 27,742 ÈXPENDITURE R4hing donatlons and l•ga¢l•• Fundralsing costs Chthtable dollary 5.447 30,447 Support wxts G¢w•rnan<e co Trustee5' expenses Complrter costs Accountancy and leDI fees 174 950 1.555 4.744 1,124 Total resour¢¢s ¢%1 3S.191 1.124 N•t (•XP•fKlltur•)fin¢om• b•for• galm and {lJ96) 2&618 Realised reco¥nls•d 8aiM and los 41509 {40.20n N•t lncon(•xpdIr•) (13.589} Pale 10
REGISTERED CHARITY NUMBEIL. 312314 Report of the TN5tee5 and Unaudited Financial Statements l(•r the Year Ended 31 December 2023 WILLIAM DAVIS'S EDUCATIONAL FOUNDATION COOpe&CO Ltd Thisde(k*wn Barn 204 Holcot Road ell Northampton Northamptonshire NN6 (8G
WILLIAM DAVIS'S EDUCATIONAL FOUNDATION Cont¢nts of th¢ Flnancial Statsments for the ar ended 31 DECEMBER 2023 Page Report of the Trustees Independent Examin¢rfs Report Statement of Flnanclal Actlvltles Balance Sheet Notes to the Financial Statements Detailed Statement of Financial Activities 10
WILLIAM DAVIS'S EDUCATIONAL FOUNDATION of the Trustees for the Far end 31 DECEMBER 2023 The trustees presen¢ their report with the flrwicial statrments d the charity for the year ended 31 December 2023. The trustees ve adopted the provisions of Accounting and Repon8 by Chariuex Statement of Recommended Practice applKable to charities preparirg their accour)ts in accordance with the FirwKkil Repcting Standard applicable irb the UK and Republic of IrelaThJ (FRS 1021 (effecbve l January 2019}. rRUCTURE. GOVERNANCE AND MANAGEMENT Governing document tharity 15 (trOlled by its goveming documenc a deed of trust and consotutes an LMincoOrated charity. REFERENCE AND ADMINISTRATIVE DEfAILS Registered Charity number 312314 Principal addr655 Cogkn House MoThnouth Road Longho Glouces¢w3hire GL170NZ Tn4Stees F S Watson Lead TNstee J H W Davis Chair C Gtxjld A Gould E Mitchell S Davis KLBoag NJ Daubeny M W Davis L E Maxwejl W W Davi5 Indepdent Examiner Mr Kupesh Patel Coopws&Co Ltd Thistl¢d¢wn Barn 204 Holcot Road Sywell NorthamptTh)shire NN6 OBG AFvoved by order of the board of trustees on 19 April 2024 and signed on its behalf by. F S Watson- Tru$e Page I
Independert Examiner's R William Davis's Ethcational FOd4£10Th Independent examiner's report to the trustees of William Davis's Educational Fowbdation I repcrt to the charity trustees on my examinati of the ac¢ounts of William Davis's Educational Foundation {the Tnjst) for the year ended 31 December 2023. Responslbilitles and basls of report the tharity trustres of the Trust you are responsible for the preparation of the xcounts in accordance with the requirneTrts of the CFMriues Act 2011 {'the A£t'}. I report in re$tt of my examination of the Trust's atttyjnts carried under Settion 145 (rf the Act and in carrying ou¢ my examination I have followed all applicable Direcvon5 given by the Charity Commission under Sectyon 145{5)(b) of the ACL Indepwylent ¢xwnlner'$ rtatsment I have completsd my examination. I confirni that materiai matters Ikve come to my attention in connection with the examination &Ying me cause to believe that in any material SPect a¢¢ount4ng re¢cds were not kept in respKt of the Trust as required by Secuon 130 of the kn. or the acClnts do not accord with t1e rec(Yds' or the accounts do fK)t comply with the applirable re(pJirunent5 concerning the forni and CCtent of aCcints set out in the Clwitie5 {Acc(xJnts and Reports) RegulatioThs 2008 other than any r4uirement that the aCcnts @'Ye a true and fair view vknid) Fs not 2 matter ceA)sidered as part of an independejrt ey2mination. I FHve no corKerns and have ¢ome atr95s no s)ther matters in ccnnertion with the examination to which attention should be wn in this report in order to enable a proper understanding of the accounts to be reached. Kupesh Pel The Association of Clmrtered Certified A¢¢wntants Cwper5&Co Ltd Thistledown Barn 204 Holcot Road NortWt(>n NortIWshIre NN6 (EG 19 Awll 2024
WILLIAM DAVIS'S EDUCATIONAL FOUNDATION Statement of Financial Activities for the ar ended 31 DECEMBER 2023 2023 2022 Total fijnds Unrestiicted Notes INCOME AND ENDOWMENTS FROM Donatify)s and logacies 4.102 100 Irwesunerrt income 29h93 27,642 Total 33.795 27,742 EXPENDITURE ON '5ing fuThJs 32.191 Other 1.124 Total 35.191 1,124 Net gainsl{losses) on investmerrts 41509 140,207) NET INCOMEI(EXPENDITURE) 41.113 (11589) RECONCIUATION OF FUNDS Tcrtal fvnd5 brolt foThvard 858282 871071 TOTAL FUNDS CARRIED FORWARD 899,395 85&182 The notes forni Frt ofthesefinancial statements Page 3
WILLIAM DAVIS'S EDUCATIONAL FOUNDATION Balance Sheet 31 DECEMBER 2023 2023 Un$tcted fijnd To funds Notrs FIXED ASSErs IrNestsnents 880,037 807,528 CURRENf ASSErs Cash at bank 20057 50.754 CREDITORS ounts falling due within one year (1,499) NEf CURRENT ASSETS 19,358 50,754 TOTAL ASSETS LESS CURRENT UABILITIES 899,395 858,282 NET ASSErs 899,395 858,282 FUNDS Lknrestricted thnds 899.395 851282 TOTAL FUNDS 899,395 858,282 f#)ancial stttements were approved by the Board of TrteeS and authorised for IssL ijn 19 2024 and were wed on its behalf br. F S Watson- Trustee The rteS fom Fart ofthese financial statements
WILUAM DAVISS EDUCATIONAL FOUNDATION Not¢$ to the Financial Statements for the year ended 31 DECEMBER 2023 ACCOUNTING POLICIES asis of preparing the financial stements The financial statements of the tharity. which is a publi¢ benefit entity Lder FRS 101 have been prepared in accordance with the Charities SORP (FRS 102) 'AccOunn8 and ReFx)rting by charity Statement ¢f Recommended PrnC¢i applicable to tharities preparing their accounts in accordan¢e with the FiEwKoI Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) leffe¢tiv¢ l J)uary 20191,, Financial Reporting Stand3DI Illl 'The Financi Reporting Stanthrd applicable in the UK and RepLJlic of Ireland. and the Charities Art 2011. Tr financial statements have been prepared under the historical cost convention, with the ex¢epuon of investments which are inchjded at market valu4 as modrfd by the revaluation of certain asse Income All income is reColSed in the Statemptht of Finan¢ial AttNities ¢no the tharity has ents'dement to the funds, it 15 probable thatthe income will be received and the am¢)unt can be measured reliably. Expendlture Liabilities are recognised as expeThJiwre as soon as there is a legal or ccfistructive obliga11 wmmittyng the charity to that expeThJiture. it is probable that a transfer of ¢¢tsM1¢ benefits will be requir¢d in settlement and the amount of the obligation can be measured reliably. Expendit¥Jre is accountsd for on an accruals Easis and has been classrfied under headings that aggregate all $1 related to the ¢2tegory. Where ¢¢>sts ¢3nnot be dirertty attributed to partiojlar headings they have been allocated to activities on a basis consistent with the use of rQr(e& Taxation charity is exemptfrom tax on its charitable a¢vvities. Fund accounting Unrestricted knnds can be used in accordan with the charitable objectives at the discretion of the tru5tee& Restricted funds can onty b¢ used br ptirtsajlar restrirted purposts within the objects of the charty. Restrictions arise when speciffied by the donor or when ffijnds are rnised for particular restsicted wrposes. Further explanation of the nature and purpose ¢f each fLW)d is in¢luded in the notes to the financi stat)er¢s. Intanglble assets Intawble assets are iiNtiaily recorded at ¢os¢ and ¥e sub5equendy stated at cost le&$ any accumulated am¢Ytlsation and impairment losse INVESTMENT INCOME 2023 Other red asset invest- Fll Deposit account interest 29.512 27,627 15 29,693 27.642 Page 5 continued...
WILLIAM DAVIS'S EDUCATIONAL FOUNDATION Notss to the financial Statements. continued for the ar ended 31 DECEMBER 2023 RAISING FUNDS Raisin8 donations and le8acie5 2023 Fundraising costs Charit*lè donations Support costs 1447 25.OCQ 1,744 31191 TRusfEES' REMUNERATION AND BENEFITS There were no trustees, remunerati or other bets for the year ended 31 December 2023 Th)r ftr the year ended 31 Decemter 2022. Trustees. expenses 2023 2022 Tru5te&s' expenses 189 174 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestiicted [d INCOME AND ENI)OWMENTS FROM Donations and legxies InYe5tsnent income 27.642 Total 27.742 EXPENDITURE ON Other 1,124 Net gwnsloosses) on inYe5tments (4Q207) NEf INCOMEI(EXPENDITURE) {13589) RECONCILIATION OF FUNDS Totsl funds brought fc¢ward 871,871 TOTAL FUNDS CARRIED FORWARD 858282 Pa8e 6 c¢)ntinued.-
WILLIAM DAVIS'S EDUCATIONAL FOUNDATION Notes to the Financial Statements- continued for the ar ended 31 DECEMBER 2023 FIXED ASSEf INVESTMENTS Unlisted inves¢ments MARKEf VALUE At l January 2023 Additions Revaluati¢)ns 807,528 42,509 At 31 December 2023 880,037 NEf BOOK VALUE At 31 D¢¢ember 2023 880,037 At 31 December 2022 807,528 Tre woxe no investmen¢ assets fAJtside the UK. Cost orvaluation at 31 December 2023 is represented by. UnliSd invests))ents Valuation in 2022 Valuation in 2023 Cost 14Q206) 42,509 8T1,734 880,037 CREDITO. AMOUNTS FALUNG DUE WITHIN ONE YEAR 2023 2022 Other ryedtcors 1,499 MOVEMENT IN FUNDS Net movement At 31.IZ23 At 1.123 in fvnds Unrestrlrted funds Genernl fund 858.282 41,113 899,395 TOTAL FUNDS 8M282 899J95 Page 7 continued..
WILLIAM DAVIS'S EDUCATIONAL FOUNDATION Notss to the Flnanclal S¢atements- tontinued for the year ended 31 DECEMBER 2023 MOVEMENT IN FUNDS- contlnued Net movement in funds included in the above are as follows: Incoming resources Resour¢es expeThJed Gains and losses Movement in funds Unrestricted funds Gera1 frjnd 33,795 {35,191) 41509 41,113 TOTAL FUNDS 33,795 135,1911 42,509 Comparative5 for movement in funds Net At 31.12.22 At 1.112 in fimds Unrestricted funds General fuTh 871,871 (11589) 85&282 TOTAL FUNDS 871.871 {13,$89) 858282 Comparniive nÉt movement in furlds, included in the above are as follow& Incoming reswr Resources experKled Gains aTh lo>s¢s r*kJvement in fund5 Unrnstrirted knnds General 27,742 (1.124) 14Q2071 (11589) TOTAL FUNDS 27,742 (1,124) {40,207} {13,589} A cuThent year 12 month5 and witx year 12 months combined position is a5 fdlow& Ne¢ movement At 31.IZ23 At 1.122 in funds Umestrlrted funds Genernl nd 871,871 27524 899.395 TOTAL FUNDS 871,871 27.524 899,395 Page 8 continued_
WILLIAM DAVIS'S EDUCATIONAL FOUNDATION Nots5 to thè Financial Statements. ConUed for the ¥ ¢nd¢d 31 DECEMBER 2023 MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined net movemert in thjnds, included in the above are as folltN& Incuning restyjrces Resourtes expended Gains and Ios5e5 Movement in funds Unrestricted knnds Ger*rnl fund 61,537 (3&315) 1302 27,524 TOTAL FUNDS 61.537 {36.3151 1302 27,524 RELATED PARTY DISCLOSURES There were no related party trareOr for the year ended 31 December 2023.
WILLIAM DAVIS'S EDUCATIONAL FOUNDATION Detailed Statement of Financlal Actfvltles lor the ar ended 31 DECEMBER 2023 2023 2022 INCOME AND ENDOWMENTS Donations and legaci Donations 4,102 Inv¢stm¢nt hKome Other fixed asset invest- Fll Deposit account interest 29.512 27,627 15 29.693 27,642 Trtal Incomlng resources 33,795 27.742 EXPENDITURE Raising donations and legacies ndrwsing costs Ctrthritable de05 5,447 25.000 30,447 S4>port costs Governxe costs 189 1.555 3,0)0 174 950 Com[ costs Accountancy and legal f 4.744 1,124 Total res¢4Jrces expended 35,191 1,124 Net (expenditureyincome b¢for¢ gains and losses (1,396) 2&618 Realised recognls¢d galns and losses Realised pIn(l(SeS) on fixed asset investmen 41509 (4a207) Net incomel(expendlture) (13,589) TNS page does not form part of the statutory finan¢411 ststements Page 10