Annual Report and Financial Statements 2022-2023 - Flipbook - Page 31
Notes to the financial statements
1PRIOR YEAR STATEMENT OF FINANCIAL INCOME AND ACTIVITIES
Financial activities for the prior year comprise the following restricted and unrestricted income and expenditure:
Unrestricted
funds
Restricted
funds
Total
2022
2022
2022
£’000
£’000
£’000
2
257
33
290
Charitable activities
3
4,428
4,440
8,868
Other trading activities
4
131
-
131
32
-
32
12
-
12
4,860
4,473
9,333
Note
Income from:
Donations and legacies
Coronavirus Job Retention Fund
Other
Total income
Expenditure on:
Raising funds
6
(162)
-
(162)
Charitable activities
7
(4,783)
(3,921)
(8,704)
(4,945)
(3,921)
(8,866)
(85)
552
467
Total expenditure
Net (expenditure)/income
Gain in Revaluation Fund
12
201
-
201
Transfers between funds
26
565
(565)
-
681
(13)
668
Total funds brought forward
1,808
1,912
3,720
Total funds carried forward
2,489
1,899
4,388
Net (expenditure)/income after
Movement in funds
Reconciliation of funds
2INCOME FROM DONATIONS AND LEGACIES
2023
£’000
2022
£’000
Donations
142
214
Legacies
75
76
217
290
Income from donations and legacies is classified as unrestricted income unless restrictions on use are imposed by the
donor. Restrictions were imposed on donations of £62,000 (2022: £33,000).
TCV Annual Report and Financial Statements 2022-2331
