TRUSTEES' REPORT AND ACCOUNTS 2024 75
At 1 January
2023
£'000
Income
£'000
Expenditure
£'000 Transfer between
funds**
£'000 Other recognised
gains/(losses)
£'000
At 31 December
2023
£'000
17. Analysis of movement of funds continued
YEAR ENDED 31 DECEMBER 2023
a) GROUP
Endowment funds*
Bowmer Fund 552 10 - - 52 614
The A&D Simpson Fund 2,465 - (2) - 253 2,716
Wyndham Cottle Charity - capital fund 3,067 - (3) - 338 3,402
MT & VL Wythe Charitable Trust 1,081 - (7) - (23) 1,051
Albekier Fund 1,857 - (1) - 28 1,884
Total endowment funds 9,022 10 (13) - 648 9,667
Restricted funds
Animal welfare - operational and capital funds 4,430 7,079 (7,579) 719 - 4,649
Birmingham Fund 421 1 - - - 422
Overseas funds 1,918 33 (196) 377 45 2,177
Regional funds 1,413 683 (511) - - 1,585
Tubney Grant Fund 2,768 - (259) 297 - 2,806
Other restricted funds 2,332 602 (250) 52 112 2,848
RSPCA Assured Limited 3,893 5,663 (5,390) - - 4,166
Total restricted funds 17,175 14,061 (14,185) 1,445 157 18,653
Unrestricted funds
Pension reserve (10,821) (472) - 2,004 (9,430) (18,719)
General Fund 117,788 130,228 (115,938) (4,779) 10,772 138,071
Designated funds 141,365 7,795 (19,319) 1,330 - 131,171
Total unrestricted funds 248,332 137,551 (135,257) (1,445) 1,342 250,523
Total group funds 274,529 151,622 (149,455) - 2,147 278,843
*All endowment funds are permanent endowments.
**The transfer between funds reflects the movement from the General Fund to designated funds, the £2m payment to the Pension Fund from the General
Fund, £1.4m of which is the write off of Restricted Funds where the expenditure was in excess of the income and £1.3m of funds designated in the year.
Further narrative behind the restricted and endowment funds can be found on page 84 of the Trustees' report and accounts.