TRUSTEES' REPORT AND ACCOUNTS 2024 53
Consolidated statement of financial activities
YEAR ENDED 31 DECEMBER 2024 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 - 133,885 122,037 8,138 - 130,175
Charitable activities 2b 3,741 6,367 - 10,108 3,599 5,693 - 9,292
Other trading activities 2c 4,604 - - 4,604 4,532 - - 4,532
Investments 2d 3,371 26 21 3,418 3,655 230 10 3,895
Gains on disposal of tangible
fixed assets
2e 389 - - 389 3,232 - - 3,232
Other 2f 126 - - 126 496 - - 496
Total income 141,878 10,631 21 152,530 137,551 14,061 10 151,622
Expenditure on:
Charitable activities 3a 127,936 11,234 - 139,170 108,530 14,185 - 122,715
Raising funds 3b 34,559 - 689 35,248 26,727 - 13 26,740
Total expenditure 162,495 11,234 689 174,418 135,257 14,185 13 149,455
Net gains on investments 11,940 - 497 12,437 10,772 157 648 11,577
Net income/(expenditure) (8,677) (603) (171) (9,451) 13,066 33 645 13,744
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 (5,480) (483) (1,165) (7,128) 2,191 1,478 645 4,314
Reconciliation of funds:
Fund balances brought forward
at 1 January:
17 250,523 18,653 9,667 278,843 248,332 17,175 9,022 274,529
Fund balances carried forward
at 31 December:
245,043 18,170 8,502 271,715 250,523 18,653 9,667 278,843
All gains and losses recognised in the current and preceding financial year are included in the consolidated statement of financial activities.
The notes on pages 57 to 83 form part of these accounts.