Page 18 - ACT Annual Review 2023-2024
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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024
Unrestricted Restricted Endowment 2024 Total 2023 Total
Funds Funds Funds
£’000 £’000 £’000 £’000 £000
Income and endowments from:
Donations 121 481 - 602 603
Legacies 183 - - 183 722
Donated services and facilities 97 - - 97 93
Other trading activities 12 - - 12 7
Investments 67 110 1 178 150
Total income 480 591 1 1,072 1,575
Expenditure on:
Raising voluntary income (193) (1) - (194) (276)
Charitable activities (33) (679) (1) (713) (547)
Investment management costs (1) (20) - (21) (16)
Donated services and facilities (97) - - (97) (93)
Total expenditure (324) (700) (1) (1,025) (932)
Net gains/(losses) on investments 7 284 1 292 (17)
Net income for the year 163 175 1 339 626
Transfer between funds (497) 497 - - -
Net movement in funds for the year (334) 672 1 339 626
Reconciliation of funds:
Total funds brought forward 2,541 3,177 16 5,734 5,108
Total funds carried forward 2,207 3,849 17 6,073 5,734
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