Garfield Weston Foundation
2007 Annual Report and Accounts
BALANCE SHEET AS AT 5 APRIL 2007
| |
2007 |
2006 |
| |
£’000 |
£’000 |
£’000 |
£’000 |
| Fixed Assets |
|
|
|
|
| Investments |
|
3,668,972 |
|
3,488,303 |
| |
|
|
|
|
| Current Assets |
|
|
|
|
| Debtors |
520 |
|
394 |
|
| Cash at bank |
|
29,483 |
|
31,791 |
| |
|
|
|
|
| |
30,003 |
|
32,185 |
|
Creditors: amounts falling
due within one year |
(8,672) |
|
(8,099) |
|
| |
|
|
|
|
| Net Current Assets |
|
21,331 |
|
24,086 |
| |
|
|
|
|
Creditors: amounts falling
due after one year |
|
(2,000) |
|
(1,000) |
| |
|
|
|
|
| Net Assets |
|
3,688,303 |
|
3,511,389 |
| |
|
|
|
|
Restricted Funds
Permanent endowment funds |
|
3,575,808 |
|
3,399,385 |
Unrestricted Funds
Expendable capital fund |
|
95,085 |
|
90,330 |
| Income funds |
|
17,410 |
|
21,674 |
| |
|
|
|
|
| |
|
3,688,303 |
|
3,511,389 |
| |
|
|
|
|
The financial statements on pages 17 to 54 were approved by the Trustees on 26 September 2007 and were signed on their behalf by:
Guy H Weston
George G Weston
Trustees |
