TRUSTEES' REPORT AND ACCOUNTS 2024
52
Notes Unrestricted
funds
£'000
Restricted
funds
£'000
Endowment
funds
£'000
TOTAL
2024
£'000
Unrestricted
funds
£'000
Restricted
funds
£'000 Endowment
funds
£'000
TOTAL
2023
£'000
Income and endowments from:
Donations and legacies 2a 129,647 4,238 - 133,885 122,313 8,138 - 130,451
Charitable activities 2b 3,741 91 - 3,832 3,599 42 - 3,641
Other trading activities 2c 3,108 - - 3,108 3,164 - - 3,164
Investments 2d 3,370 6 21 3,397 3,654 218 10 3,882
Gains on disposal of tangible
fixed assets
2e 389 - - 389 3,232 - - 3,232
Other 2f 1,051 19 - 1,070 1,479 - - 1,479
Total income 141,306 4,354 21 145,681 137,441 8,398 10 145,849
Expenditure on:
Charitable activities 3a 128,044 5,281 - 133,325 108,884 8,795 - 117,679
Raising funds 3b 32,840 - 689 33,529 25,682 - 13 25,695
Total expenditure 160,884 5,281 689 166,854 134,566 8,795 13 143,374
Net gains on investments 11,940 - 497 12,437 10,772 157 648 11,577
Net income/(expenditure) (7,638) (927) (171) (8,736) 13,647 (240) 645 14,052
Transfers between funds 17 874 120 (994) - (1,445) 1,445 - -
Other recognised gains:
Actuarial gains/(loss) on defined
benefit pension scheme
26 2,323 - - 2,323 (9,430) - - (9,430)
Net movement in funds (4,441) (807) (1,165) (6,413) 2,772 1,205 645 4,622
Reconciliation of funds:
Fund balances brought forward
at 1 January:
17 251,543 14,489 9,667 275,699 248,771 13,284 9,022 271,077
Fund balances carried forward
at 31 December:
247,102 13,682 8,502 269,286 251,543 14,489 9,667 275,699
All gains and losses recognised in the current and preceding financial year are included in the charity statement of financial activities.
The notes on pages 57 to 83 form part of these accounts.
Charity statement of financial activities
YEAR ENDED 31 DECEMBER 2024