Annual Report and Financial Statements 2022-2023 - Flipbook - Page 33
7EXPENDITURE ON CHARITABLE ACTIVITIES
Health, conservation and community
Training and employment
Activities
undertaken
directly 2023
Grant funding
of activities
2023
Support
costs
2023
2023
£ ’000
£ ’000
£ ’000
£ ’000
9,318
-
1,503
10,821
128
-
22
150
1,525
10,971
9,446
Health, conservation and community
Training and employment
Total
Activities
undertaken directly
2022
£’000
Grant funding of
activities
2022
£’000
Support costs
Total
2022
£’000
2022
£’000
7,402
-
1,204
8,606
84
-
14
98
7,486
-
1,218
8,704
Support costs comprise:
2023
2022
£’000
£’000
Finance, procurement and property
493
443
Information technology
304
275
Leadership
179
156
Governance
58
21
People services
331
201
Risk and safety
160
122
1,525
1,218
Direct costs and grants awarded are classified as restricted or unrestricted expenditure according to the nature of
related funding received. Support costs are apportioned between restricted and unrestricted funds pro rata.
8TRUSTEES’ REMUNERATION, EXPENSES AND INDEMNITY INSURANCE
2023
£’000
2022
£’000
Travel and subsistence
11
1
Indemnity insurance
3
3
14
4
The directors of the Charity are the Trustees under charity law and received no remuneration from the Charity. The
number of Trustees who received reimbursed subsistence and travel expenses or on whose behalf subsistence and
travel costs were paid by the Charity was 16 (2022: six).
The Charity has taken out indemnity insurance that protects both the Charity and its Trustees from losses arising from
neglect or default by the Trustees, employees or other agents of the Charity.
TCV Annual Report and Financial Statements 2022-2333
