TRUSTEES' REPORT AND ACCOUNTS 2022 47
Consolidated statement of financial activities
Year ended 31 December 2022
Notes
Unrestricted
funds
£'000
Restricted
funds
£'000
Endowment
funds
£'000
TOTAL
2022
£'000
Unrestricted
funds
£'000
Restricted
funds
£'000
Endowment
funds
£'000
TOTAL
2021
£'000
Income and endowments from:
Donations and legacies 2a 124,018 4,844 - 128,862 130,125 3,884 - 134,009
Charitable activities 2b 2,644 5,330 - 7,974 7,633 - - 7,633
Other trading activities 2c 4,577 - - 4,577 4,712 - - 4,712
Investments 2d 2,568 192 7 2,767 1,793 80 112 1,985
Gains on disposal of tangible
fixed assets
2e 7,582 - - 7,582 2,698 - - 2,698
Other 2f 346 - - 346 728 - - 728
Total income 141,735 10,366 7 152,108 147,689 3,964 112 151,765
Expenditure on:
Charitable activities 3a 95,562 8,859 - 104,421 91,965 1,248 - 93,213
Raising funds 3b 22,280 - 19 22,299 22,219 - 16 22,235
Total expenditure 117,842 8,859 19 126,720 114,184 1,248 16 115,448
Net (losses)/gains on investments (8,803) - (827) (9,630) 6,712 - 1,330 8,042
Net income/(expenditure) 15,090 1,507 (839) 15,758 40,217 2,716 1,426 44,359
Transfers between funds 16 (2,329) 2,329 - - - - - -
Other recognised gains:
Actuarial (loss)/gain on defined
benefit pension scheme
25 (1,687) - - (1,687) 26,140 - - 26,140
Net movement in funds 11,074 3,836 (839) 14,071 66,357 2,716 1,426 70,499
Reconciliation of funds:
Fund balances brought forward
at 1 January:
240,041 10,556 9,861 260,458 173,684 7,840 8,435 189,959
Fund balances carried forward
at 31 December:
251,115 14,392 9,022 274,529 240,041 10,556 9,861 260,458
All gains and losses recognised in the current and preceding financial year are included in the Statement of Financial Activities.
The notes on pages 51 to 77 form part of these accounts.