TRUSTEES' REPORT AND ACCOUNTS 2024
76
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
b) CHARITY
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 4,432 7,079 (7,579) 719 - 4,651
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
Total restricted funds 13,284 8,398 (8,795) 1,445 157 14,489
Unrestricted funds
Pension reserve (10,821) (472) - 2,004 (9,430) (18,719)
General Fund 118,227 130,118 (115,247) (4,779) 10,772 139,091
Designated funds 141,365 7,795 (19,319) 1,330 - 131,171
Total unrestricted funds 248,771 137,441 (134,566) (1,445) 1,342 251,543
Total charity funds 271,077 145,849 (143,374) - 2,147 275,699
*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 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.
Notes to the accounts continued
YEAR ENDED 31 DECEMBER 2024