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|THE|WIGAN|F
UNDATION
FOR TECHNICAL EDUCATION|F
UNDATION
FOR TECHNICAL EDUCATION|F
UNDATION
FOR TECHNICAL EDUCATION|||
|---|---|---|---|---|---|---|
|||tatement of Financial Activities|||||
|||For The Year Ended 31 Jul||2023|||
||||||31.7.23|31.7.22|
||||Unrestricted|Endowment|Total|Total|
||||fund|fund|funds|funds|
|||Notes|F|||E|
|INCOME AND ENDOWMENTS|FROM||||||
|Investment
income||3|61 787||61 787|61 424|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Charitable
expenditure|||47822|9 D12|56834|6246D|
|Net gains/(losses)
on investments||||~17735)|~17735)|~304 339)|
|NET INCOME/(EXPENDITURE)|||13,965|(26,747)|(12,782)|(305,375)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||673,821|717,751|1,391,572|1,696,947|
|TOTAL FUNDS CARRIED FORWARD|||||||
##
|||THE WI|GAN F
UNDATION
FOR TECHNICA|GAN F
UNDATION
FOR TECHNICA|L EDUCATION|||
|---|---|---|---|---|---|---|---|
||||Balance Sheet|||||
||||~34 Jul|2023||||
|||||||31.7.23|31.7.22|
|||||Unrestricted|Endowment|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|E|E|f|E|
|FIXEDASSETS||||||||
|Tangible|assets||6|20,000|365,988|385,988|395,000|
|Investments|||7|555 000|325016|880 016|897751|
|||||575,000|691,004|1,266,004|1,292,751|
|CURRENT ASSETS||||||||
|Debtors||||4,078||4,078|4,078|
|Cash at|bank|||111231||111231|101943|
|||||115,309||115,309|106,021|
|CREDITORS||||||||
|Amounts|failing due within one year|||(2,523)||(2,523)|(7,200)|
|NET CURRENT ASSETS||||112786|-|112786|98821|
|TOTAL|ASSETS LESSCURRENT||LIABILITIES|687,786|691,004|1,378,790|1,391,572|
|NET ASSETS||||MGLZ66|~1.QM|~7a78Q|~3kt572|
|FUNDS|||10|||||
|Unrestricted||funds||||687,786|673,821|
|Endowment||funds||||681 004|717751|
|TOTAL|FUNDS|||||||
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|||Unrestricted|Endowment|Total|
|---|---|---|---|---|
|||fund|fund|funds|
|||F|L'|E|
|INCOME AND ENDOWMENTS|FROM||||
|Investment
income||61424|-|61 424|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Charitable
expenditure||5301D|945D|62 460|
|Net gains/(losses)
on investments|||~304339)|~304339)|
|NET INCOME/(EXPENDITURE)||8,414|(313,789)|(305,375)|
##
|||||Notes|to the Financial Statements|to the Financial Statements|-continued|||
|---|---|---|---|---|---|---|---|---|---|
||||||For The Year Ended 31Jul||2023|||
||COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued||||||||
||||||||Unrestricted|Endowment|Total|
||||||||fund|fund|funds|
||||||||||F|
||RECONCILIATION||OF FUNDS|||||||
||Total funds brought||forward||||665,407|1,031,540|1,696,947|
||TOTAL FUNDS CARRIED|||FORWARD||||||
|6.|TANGIBLE FIXEDASSETS|||||||||
||||||||||Freehold|
||||||||||property|
||COST OR VALUATION|||||||||
||At 1 August 2022|and 31 July 2023|||||||555 600|
||DEPRECIATION|||||||||
||At 1 August 2022||||||||160,600|
||Charge for year||||||||9012|
||At 31 July 2023||||||||169612|
||NET BOOK VALUE|||||||||
||At 31 July 2023|||||||||
||At 31 July 2022|||||||||
||Cost or valuation|at|31 July|2023|is represented|by:||||
||||||||||Freehold|
||||||||||property|
||Valuation
in 2023|||||||||
|Ifland and|buildings
had not been revalued
they would|have been included
at the following
historica|l cost:|
|---|---|---|---|
|||31.7.23|31.7.22|
|Cost||M~QQ|2tZ2.5QQ|
|Aggregate|depreciation|||
##
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##
|||||||||Listed|
|---|---|---|---|---|---|---|---|---|
|||||||||investments|
||MARKET VALUE||||||||
||At 1 August 2022|and 31 July 2023||||||887 751|
||PROVISIONS||||||||
||Revaluation
adjustments|||||||17735|
||NET BOOK VALUE||||||||
||At 31 July 2023||||||||
||At 31 July 2022||||||||
||There were no investment||assets|outside the UK.|||||
||Cost or valuation|at 31 July 2023 is represented
by:|||||||
|||||||||Listed|
|||||||||investments|
||Valuation
in 2023|||||||68L7m|
|8.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||||
||||||||31.7.23
f|31.7.22|
||Prepayments
and|accrued income|||||||
|9.|CREDITORS: AMOUNTS
FALLING DUE WITHIN||||ONE YEAR||||
||||||||31.7.23|31.7.22|
||Other creditors|||||||Z2QQ|
|10.|MOVEMENT
IN FUNDS||||||||
||||||||Net||
||||||||movement|At|
|||||||At 1.8.22|in funds|31723|
|||||||F||F|
||Unrestricted
funds||||||||
||General
fund|||||673,821|13,965|687,786|
||Endowment
funds||||||||
||Endowment
fund|||||717,751|(26,747)|691,004|
||TOTAL FUNDS||||||||
||Net movement
in|funds,|included|in the above are as follows:|||||
||||||Incoming|Resources|Gains and|Movement|
||||||resources|expended|losses|in funds|
||||||E|||f.|
||Unrestricted
funds||||||||
||General
fund||||61,787|(47,822)||13,965|
||Endowment
funds||||||||
||Endowment
fund|||||(9,012)|(17,735)|(26,747)|
##
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|Compar|ative|s
for movement
in funds||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.8.21|in funds|31.7.22|
||||f|f||
|Unrestricted||funds||||
|General|fund||665,407|8,414|673,821|
|Endowment||funds||||
|Endowment||fund|1,031,540|(313,789)|717,751|
|TOTAL|FUNDS||M$96.%44|~~)|MBA.522|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses
f|in funds
F|
|Unrestricted|funds|||||
|General
fund||61,424|(53,010)||8,414|
|Endowment|funds|||||
|Endowment|fund||(9,450)|(304,339)|(313,789)|
|TOTAL FUNDS||~1,424|~46Q)|L304 '339)|(3QR3Z!i)|
|A curren|t yea|r 12 months
and prior year 12|months
combined
position
is as follo|ws:||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.8.21|in funds|31.7.23|
||||F||f|
|Unrestricted||funds||||
|General|fund||665,407|22,379|687,786|
|Endowment||funds||||
|Endowment||fund|1,031,540|(340,536)|691,004|
|TOTAL|FUNDS||9%94Z|~'L5Z)|~ZKZ9Q|
|A current ye
as follows:|ar 12 months
and prior|year 12 months
combined
n|et movement
in f|unds,
included
in|the above ar|
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources
f|expended
f|losses
f|in funds
f|
|Unrestricted|funds|||||
|General
fund||123,211|(100,832)||22,379|
|Endowment|funds|||||
|Endowment|fund||(18,462)|(322,074)|(340,536)|
|TOTAL FUNDS|||(119,294)|(322,074)|(318,157)|
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