Restricted      Designated      Unrestricted         Total                  Total
                            Funds          Funds               Funds                 2004                  2003
                                       £                      £                      £               £                        £

INCOMING RESOURCES
   
Grants                     64,651                     -              38,917          103,568           93,657
Donations                         -                     -                3,322              3,322             1,848
Bank Interest                    -                     -                     28                   28                    8
Total Incoming Resources
                                64,651                    -              42,267          106,918           95,513

RESOURCES EXPENDED

Charitable expenditure
Direct Charitable expenditure
                                 56,348                    -              34,191           90,539          78,088
Support Costs             6,224                    -                7,568           13,792          14,602
Management and Administration of the charity
                                      383                    -                   555                938               926
Total resources expended
                                 62,955                    -               42,341        105,269          93,616

Net incoming/(outgoing)
Resources before Transfers
                                    1,696                   -                     (47)           1,649            1,897
Transfer between funds   
                                    5,232                   -                 (5,232)                 -                    -

Movement in Funds       
                                    6,928                   -                   5,279)           1,649           1,897

Balance brought forward at 1/4/03
                                    1,787             4,000                 11,975          17,762        15,865

Balance carried forwards at 31/3/04
                                     8,715             4,000                   6,696          19,411       17,762

There were no activities acquired or discontinued during either of the above
financial years. The Statement of Financial Activities includes all gains and
losses recognised in the year.