Page 18 - act-annual-review-2022-2023
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FINANCIAL REVIEW
STATEMENT OF FINANCIAL ACTIVITIES THE YEAR ENDED 31 JULY 2023
Unrestricted Restricted Funds Endowment Funds 2023 Total 2022 Total
Funds
£’000 £’000 £’000 £’000 £’000
Income and endowments from:
Donations 224 379 - 603 667
Legacies 614 108 - 722 656
Donated services and facilities 93 - - 93 98
Other trading activities 7 - - 7 2
Investments 32 117 1 150 94
Total income 970 604 1 1,575 1,517
Expenditure on:
Raising voluntary income (275) (1) - (276) (305)
Charitable activities (40) (504) (3) (547) (746)
Investment management costs (1) (15) - (16) (16)
Donated services and facilities (93) - - (93) (98)
Total expenditure (409) (520) (3) (932) (1,165)
Net gains/(losses) on investments (1) (16) - (17) 58
Net movement in funds for 560 68 (2) 626 410
the year
Reconciliation of funds:
Total funds brought forward 1,981 3,109 18 5,108 4,698
Total funds carried forward 2,541 3,177 16 5,734 5,108
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