Group and charity balance sheets
Company Number 2400969
As at 31 December 2023
Group Group Charity Charity
2023 2022 2023 2022
Note £'000 £'000 £'000 £'000
Fixed assets
Tangible assets 14 6,414 6,709 6,414 6,709
Investments 15 53,598 99,288 53,598 99,288
Total fixed assets 60,012 105,997 60,012 105,997
Current assets
Investments 16 32,368 35,366 32,368 35,366
Cash at bank and in hand 17 9,731 8,238 8,202 2,822
Stock and investments awaiting sale 19 293 327 42 Debtors
20 98,465 87,364 99,699 91,106
Total current assets 140,857 131,295 140,311 129,294
Liabilities
Creditors: amounts falling due within one year
Grants committed not yet paid 21 (80,532) (82,249) (80,532) (82,249)
Creditors 22 (16,935) (15,529) (16,389) (13,528)
Net current assets 43,390 33,517 43,390 33,517
Total assets less current liabilities 103,402 139,514 103,402 139,514
Creditors: amounts falling due after more than one year
Grants committed not yet paid 21 (84,045) (89,677) (84,045) (89,677)
Provisions for liabilities 24 (1,216) (1,572) (1,216) (1,572)
Net assets 25 18,141 48,265 18,141 48,265
The funds of the charity
Restricted income funds 14,751 15,703 14,751 15,703
Unrestricted funds:
Investment revaluation reserve (3,470) (7,902) (3,470) (7,902)
Other general funds 4,394 37,796 4,394 37,796
Total general funds 924 29,894 924 29,894
Designated funds 2,466 2,668 2,466 2,668
Total unrestricted funds 3,390 32,562 3,390 32,562
Total funds of the charity 26 18,141 48,265 18,141 48,265
The net expenditure for the year of the parent Charity was
£30,124,000 (2022: £25,853,000).
The financial statements, including the notes on pages 7-30,
were approved by the Board of Trustees and authorised for
issue on 11 July 2024, and signed on its behalf by;
Richard Murley - Chair Iain Cornish - Treasurer
95
Environmental, social
and governance review
Financial review
Strategic report
Overview
Financial statements
Thank you