Statement of Financial Activities (including Income & Expenditure Account) for the year ended 31 March 2012
|Unrestricted Funds||Restricted Funds||Total Funds 2012||Total Funds 2011|
|Incoming resources from generated funds:|
|Incoming resources from charitable activities:||62,001||–||62,001||16,348|
|Total incoming resources||82,010||278,228||360,238||308,916|
|Total Resources Expended||–||314,646||314,646||313,975|
|Net movement in funds for year||82,010||(36,418)||45,592||(5,059)|
|Total funds brought forward||5,978||122,194||128,172||133,231|
|Transfer of funds||(35,244)||35,244||–|
|Total funds carried forward||52,744||121,020||173,764||128,172|
The net surplus for the year for Companies Act purposes, calculated by deferring capital grants and releasing over the life of the related assets purchased, is £54,221.
The statement of financial activities includes all gains and losses recognised in year. All incoming resources and resources expended derive from acquired activities.