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Reporl of the Trustets
tibr tlie YeAI' l¢.iTrded 31 21)14
'I'he. ¢i'LlSttts Al'e 411so ditr.CQlfS r>f t1 thariti. fry. rh¢ rArix)w nf C".niry)aiTrio Act 2WO: ptt.se(K ikneir reKN)I'L Ii'iitA Ih¥'
litilric.isl tilflletyitJilS i)f ille. tharity ffii. the J'e&r en(kd ".11 Martli 2024. "1"he ¢nisrtes I.£ srtopled thit woi.'isiuns VI.
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toi. tbe I'eJi' Eded 31 Mi 2024
'I'R4 I'A:, LIC. REPORT
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.A deirioJLslralivn ul"a sinall %wplus Fl) 2U23 - 2fl?.tl itll ptvii&" a tinn platfrKiTri ICA. dit. I4)rihi(ling }'car.
lTriUi Ihc gromh niai8inal yu4715. tk l-nLStees )d CEO Ji4l Ilr4t thc hu%]4%5 ¥lari (?.020 - 2024) .%hould
reni<iiri ¢tr:¢ &1., incliLwLiuJx¥ M4xTc 5ucli tl)at Uie. chai'il), shtyJLLI wnliiThL thc saine 8tr)KKh ii'aj¢vlurv and (A)lltinue ro e.xcee(I
foiec1lS¢ niiillLMx&" IJJ 2024- 2023.
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lu ¥ rntTrr 'dclivery fnC1ed. Sci'uecurc Cu IhL SLf¥iLL tcam. lThese cl)ill)ges will nL L11)listrate Ei'iae illi ILèe unlil IhL' LI1)s (Trf
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INDAVI I)IIAL C.IRI,-. 514 11I'ICES ful- Ilit. Yell. EndLd 11 fvlai'tli 2(124 2Q24 LYLI'e.strtcr£d liiri(is ?oii I'oial IYCOfyg I,: A TID ENDUII'MII FROII C'.Iipi'itllhle ddiviÉi RL'tii(l¢.Iltial uiL )mi¢ilA&i'> carL 1.2419.309 4,6¥%2<Q 1.014.422 ),J6.5.295 6.366 d.JP).71 EXPENnl'l'lTRE ON (-'hariLablL e4C.Livity Ldi"C LY)il 5.614,776 4,Ifyk.5157 - r iNC.OM II OtEILr i'ect)Eni¥eil %Ximrfl1sts) C]n¥ vn I'eN'aluati<)n uliixthl aqSCLS ?15.1ry1 177.98( 215,131 .1 olal tund¥ bi.0111t fo1"w.d S,SOO,J46 5,58521,S 'I'()T.IL FLi.YIXi CARIUEn b'<)kNVARD 6J04,¥%1 5,81KJJ46 'I'he rAjI fvrm i)art (Trfihu" li[wl %tr&l(¥nI PA8e I'.1
BRI}¢¢ Sbeet 31 .Mxi"ch 2024 lii)restrieJMI lullds 14AXED A%%&:TS Tdi)8ihle. IlS"bLi% 736J.42() C¥.486.639 {:IIRRLf"I' l.SSETS Ll¢bL()I'S C.%li rii illk 10 489.9.'10 394.469 4(11,397 477.461 884,399 Clll.: l)A'foRS Ar:iounl% fallirig ii'ithin 01. ¥cai' <7¢J9351) (691.CI21) I,:'I' (-.IlRRE I. ASSEVI 175.0118 TO'I'A I,.ISSE'IS I.L.SS C.IIIiKTr4)j 7,418.46 6,&7r),474 Clili l)I'foRS Anioijrtli llilliiis dy¢. atiLY mcwe (huD IIIIL 5.r ( I, lJ-.I:i¥7) (¥76.12f£) YE'I. A.1*Ss 63Q4,11111 :8[1V?J4CJ li L.NDS L"nJ'L%tricte¢l I"uJL(Ly Is 6.JO(l.Il% I 5.PA)(I.146 'I'()'rAL Fllly I) 6.1114:881 Tlie finiinLldl 8tatem£'nts IIPPLDVLXI h}. QLI. B02rd i)t'"l DJ%tccs .] ¥ULlngl fDr i£oie 41. /l A C..IvtJiptoii. .1 IlFS"I¢x' 11. foi'n) t)&rl vfihw. fL¢l21 q&liTtxrt%
IIDII'JI)I.;AI. C."ARL SERVICES Cish FJow.Sixl¢rtL ful- ilw. %'eAr b-mded 31 2024 202) C.'d%li ¥uiu"IlLt<l from ni)craliiii)¥ 407)03 NLL ¢islI rrfrjvidcd h)" (IPLfdlin8 acr.ii'iu¢% 384.1.1 C'.xsli flnwq fi'oui inve&liJl% a¢.tivii PIiLtliase of niigil)Ic f[] a¥8elJ Salc ol" Idngibly fi.¥ed L15vds I ntcrcst (3b<),Q,161 {867.177) (JCI2:68U) (6>2377) L5EI IlniTr.4 fi'oiii fmallriAA ¢tivititq I.c)&12 TIPILy'IAenr% iii yca). (-'&piial rL'PtiJ'rnllLls iri seai. li)tei'e5t paxl (37,937) (14.955) (74,711) (14,67S) (2:.195) (32.7(J7) 'LI ub¢(l in financiiiry xlivi£i (127,615) (49.840) C.'haDkve in rAsII Abirf ealh Iii th Yti)thi'tÈnE l)erio Cdylk e.¥.Ili equivalEDf& ai the. btsinwing £tlie reprjrlitkx i)trld {S2:4n) 1291,(j?) 477.4CI I 7Y5.4a9 CA&b tr.alli equiYaleDl& xl th¢ tttd of th i'epoitiM% iieriod -394.469 477,461
I r4 DJIIIDII,¥L (':Alt', SERI?T('.Tr'. Nates tn Ilit. C.A5h l.low lL)elt t.tsr Ilit. YeJi' Ee.11111arc1I 21124 RECOYI.'II.IATIOPi C>I4' li'b.T INCOJM b: 'I'() N'ET CASII IIOII.. FII(liM I)PER'1'1N(: A..1.1 2U24 20LI Net iiKo•ie IOA. fbe rtp<siiii% piriod (R5 per ikL' stXtenl Orr4¢•al Attivilles) d.justments fnr: LILPILiiatÉfin chaiXI Prafit nn d(spusyI l'fIxed asiets 1ill¢rtSL rcLL1Ld Irile.resL Fjid InLrLd%C dthoj's Incl$C i* oi'e.
IliDIIII I)EIAI. C.'ARE SERVJ('.Ii.
ryne.% to tlir. tements.
rur tkt YeAr Eiidrd Jl Mitli 21>24
CCOUDiTJfv4: PnLICI&S
Daiks Ot. prepaii4? thc fmiie.iSLI.statemLDIS
Thc finllDcid 8t¥1trnieJL% Ill. IhL Glior.LqETlc c(ImptlTryJ iithich 18 a tbIlL entitr)r L(kr FRS 102 skll't I
prLNfLd in iie%.or(Lii)CC I7L77 Ibc Ldipi'itiek SQRP (FRS 102) 'AnuIlt7ll.U1 R<ptsrtiiig (thdri(ick Siflfjienr Crf
Re.cMMe1idcd PraL1i¢e licalik. IL) L'h&iilj&E prei)w'1i Ihcir #¢iiw15ts sn attt¢ rlie l. inanci41 R¥puJlifi%
Si#a4Jiii'd nwtylicalAc iii ihc LIIC wid l¢ciiubliL ot. Ii'elAnd IF'l¢8 I r)2) {Llleilive l _la]iw 20 IY),, Trinoncial E<ciicTrriin
8L¥JLdiiiil IU2 I'he F in¥nLiul R¢pLlrtinu S&ii1(l"ll pplicable iii tlic EIK <1 Eiepiihlic nf IrLEan4y the l-'.ninry5 allils
Acr 2ai)C>. Tht. financial IlIce5 h8Ye l)e¢n prLydtLtI un&r fA)e IiistnryL&I v)SI COtii&nriniTr. ds U111(l b!. t1ie
IwluatiftTr nl"cciCMin asseLS.
Act¢uwtMx w)e.Y jiidEuntuls kt}T AOUI'Cth' ¥11•#1#11{Al uctTtsirrty
I'.ei'tain cil. (hL iiirt
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IYDIN'I[)I IAI. C.'A TiE SERVIL£S for iljt. I'eji" I.: ndeA JI Ildrrh 2024 INN ESI'iVJJ.'N'i" IN(ME 202,1 Inlctl. rr.ceival)Ic Ci.-l(rf) Iicohii,.. i.'iint*J CHARII JlJll.fr: AC.TIVITIF 2023 AdiiJiLy l.rtfj 1'ecULj li)J' Irsidenti Ile%i45cr4lid. L¥ie 1,014..122 -3.V¥5,?95 FcL.% lui dnIc1[1' carc ,6¥,23(1 5.934J59 4.379.717 C".I.IAlIlTABLE AC-. J'II'I'I'V CARE COST Dol.111rY costs 2024 2a2.3 .4,%47.S(k8 i66,.SlX4 i6..162 59,03 2,924.7¥8 245.279 ()tIiu LUSIS l)ciircLialx>n lei'e4t pa>ablc lind SuTh41AI' chwgc% LS329 4.12Y..507 3,212,6411 lieyid411Al tAYe eosts 21J?.4 Sfiff ¢.0 l.Of¥l,9&8 1¢)2.179 i.s,uio 806,1.61 14? 224 7.725 (I I:C)97) lJ£i)rLLraiuAI l.oÉs nn le ol"abs¢ls ILi¢eJest i)ayahlL and sitnillr eharftt 15.1192 I,?.84,¥69 951,939 5,614:.57 4.164,5¥7 Paze 19 run(imid,..
I 1)]11D1AL I':AIiF .s£nI>iiar ciided i i Marrh 2011. .¥l'AlI'li' (..0s 2024 4:(X}4,41)6 1.730,¢>J9 3,730,9.39 ' d%'ern8e 1n1]e1. ol'¢mpl4)>'ees thititJA thL' ¥car i%Trs s l(Flltiiw'. C.'.haril&blc adiN'ities 2024 Ixi i?. 202.'1 12 199 . nun71 ol"¢>lTlt)}cef Th1¥. Qp]{lye ikllt.fiis (cAchill2 ¢]Ll>,(1. lsion cost%) eXett(k 10.0() d: 2024 L6U,IXIi - £70.U(JO £70,IX)1- 8Q,OO¢J £1 no.lxii _ £i10,n(M) £121),Wl - £l.10.000 20?1 NYAees latie4 i1[udC5 a8eoe.y %iwkcrs £211).?J9 <202.) - £227:109) Enipl(Nvci'% Fia¢iOnul ¢n.£urance ii)nLribul'iiJ]is inLMide<l tn att(i 11.1 abL)si 1(rtalle.d 1359.511 (2()2J £2.1.3.42.5).
to ibL" FimAiieig1 S•tstements"_ rumliiiml
ltti. the Yexr E1¢0 11 :MAYclI 2024
SIA fr'fr. C'.n8TS . cooliliuul
Tiic oneratC8 a INLiCTr piln'JUel1c11(Tr1l SLheine &r)d tt c
Ali'DIITIDI;.A I, I:,IRE SLMI'ICES Yiit&i ilit. fifflitnciAI ror thi I'eAr I.11¢d JI his)'e.I 2024 I'AIC: IIIL£ FIXF.I) Ji%b£TS FLYLILI'e£ Jnd fieLiu%5 I-'I-LLh<>ld PJ'Ol)Pi'L vetLiLLc C:OST OR VAI.I":.JlTIO Ai L A})ril 21)2. Additirtrns 6,338.7( ?75:7JV 141,778 21)4.920 6,685 ?0) 670.2(17 l J4.766 . 31 NÈucli 21)2.4 7,049.] 231J.3 l.f 7,44)U.?J j ljli pHr.ci.ITIO A¢ l Apiil 202.1 Ch&i'llc tThr Treaj. RLWdluK1fi £biljuthcllts 4>2.118 .56,V49 198..$6J 7J,472 (.43.?20) {4.1,p_o 98.1?48 22c>.¥l i NI,-I' IiOOk ITATAI I,; At .1 I MiwL4] 2024 7,U.l().D 108.14R IcL272 7.2f).4:420 AL 31 MarclF 202J fy:29.5.28-1 49.6éAJ 141,695 6,486.639 (.'.Omp4iralJle hist¢lMtal Lmbst ffii, ill". l&illd aild hiiihllMKs iiicl•tltd al valuotinii: ?CI2.'5 AL".L,uinlatCd.ts.c£i#I¥1)ll 6,151.4111 -117,0Tr. -5.'li9.936 .717.Q72 .1.4 at.I l Mdrch 2G24 -i,£J4.347 i.a42.864 Tl)i4 fipresenis PmPLYties iFl¢.luclict ub¢?IE ar. 6ie liJlkn4rynn_ 2024 20? RL'vdluatinn Accwntilate(I diycciation 7:4)4L),Wkl -1?8,502 4.3.22( As a¢ J l K1411'clI 2D?4 7,049:1)110 (1.21P.S.282 All taiisilile fixttj &bSLLS ai'e.51&ttd al hist4)ricil co Thc rehOl(l pVpLrtI Ol¥he4J by" Lhc L%l.>VkTri)"" Nled by CT A n1th i% a 11.1¢rcd %uTvew¥, tt 14'UStee nf tlit. ¢.Iiarily"> (Iii an open tnw'kLi bavi 'lTr& [111 urKLw'ukeii 91.1 l mdi.ch 2..] ttEJd in 4the OpAninJTr of ihe. '[ I'u51eÉb Ibi% alEjaIlo[l IJ Lx7]idered io be l.]&1)1e. PdLrc 22
I NI)IN'TDUalL c..4R...4&:1lITC..Es N4bÉ2s to illi". l.'IwAn<ig1 Stsiemen15- ooiilluiEed Ji. the Yi'dr fAiilÈrJ 31 M21'cli 2Q24 7'.45'4:1111.I FIXED A.¥S1.'.I'S - cDwtiJiui41 FIxL uss¢i% iilled in illc &Tht., 141i4cli a].¥ i)Llcl liirt coniThilS" I:p. Us folk)ws: l. ixtsii'c£ an lilun¥¥ klolur velticl&s -I'oils C05T OR %'AI.I:.A TIODI At l Awil ?.Ol"I Ildditiuns 139..451) i Jip..i. 34.07.1 -14.07 Ai J l fvlarch 2024 139,J 6 l73.4.lQ JlTr".Pl<liC.'IATION AL l Arwil 2n2) C.haYuL' lor ypar i,807 5.807 41.91)¢ &,-i19 r ryl ¢11 2112 JlJ,11)4 47,713 'ET BOOK VAI.I:, 1 .3 l MdiLi) 2024 S.555 l(h).11Tr2 125.7F7 Ai J l fvIh 2G23 133J9 1.3'.1 %49 Ji. DF,l¥fl)IIS: AMOU%¥T5 .AL.1.1NC. DIIE M.'I'I'I.I IY ONE YEAR 4116'.979 J86,5()4 S.178 I l.C)25 ()tlier dcbt(Jl'5 PrLIA))Iient8 acciii¢(] in¢oine 4Kg.930 cDniillLl¢d...
IryI)IVIDU.4L C.'ARF. SERI'I(:b'_s
•Jli to tht li inAiicixA.S3ttiii¢nls - toiitiTh)i¢
kbr rht I'IAI. Endtrfl .11 Ilai"£h 2D24
C REDI'IY>RS: ,IhlOUIN'I'.% l.'ALLINCY Tjllb". W'ITHIN I)P4 b". YEAR
2tY2A
202.1
llo1 loan% Ol¥ei'UY¥il4
IliL151TIDL.AL C 4AI>. Sli RV1(.:..
for (ht Yrar F.MLl¢.d Al hlYtli 2024
13.
LOANS- trA)iitinued
A hank vl. £¥U,&?.U ii)id) uri ? iiuij12Q22. "Ihe l¢)oft 18 Tqjttvttblc b} muiiililj, jllsliiliiientR wid
Liifi'ie.s itrterest at 8.14fyA IXT aiiriiiiu. 'I"he lor1rt i% rLll%f)'abl¥ irom 2l1EVI?.O. w 21 ni412n.17: Ilr i)[£¢1,26- I4¥1$
¢t]tii'%¢d dui'ini) tlie eaT aiid Lhc baliuLc¢ & i?¥.I l Mai'cli ?0!4 jy £76,.10S.
A h.IiiL lffdn ul" £274.0.iU 14ic15 dr&ihii(k)Mr 201EO,p?.rJ2? '1'1)e Inai) 1% rg)i&dbl¢ bi¢ L)wnihly ioslnlrneni? and
fiiiies itilei'crA al 7.42Tr/ts PLI" JIltr]. 'I'he 103n is J'¢iM)'dblL liuin Trll 11207.2 ts) 2(i/iQt.4Y: ITttcrcst i)I' £IY,666
LhaLxL4J 4Jiirio£ ihe year and ÉliL tyakn' 8ts 81. 3 l Mairh 2(124 L5 £259,139.
A Iiink Iiian (Jf L79 f)31 i¥hKh dIZu
l.yl)IlJlJ)L'.JlL CARV. sb".RVIC&S
for tht Y¢JLr Ejed JI fv1*rrh 2024
14.
LEA%I.Y6 .JkGREE¥II.J4 1
.Minimuni IcasL' pa}rylle.nlS Lin&¥ l)iTC fdll a8 folloi+%."
2.02.$
Nrl (Jbli¥ations re)b
11 iihi]i oiic ye¥1r
Bctweeii Olie. fiTrd lii'c
.15.96)(
75.467
7,5.14
84,773
11.4.16
92..'417
UVEMEhY IN b"tl:%Db
A¢
AL L.4.23
in luL¥
L;lli't51rirted 141NI
GL'tml fi]•d
.i,¥IKtr>>46
6.104,881
TOTAI.. b'llNlki
.5,15UO,3¢16
NeL irtlu&LE ii? thc alin? a. ns lulk)ThT'
Inf.01[t q
¢SuiuL
R¢g)iirLt'&
Ci&fEJS
loi.eiiicnl
Ilnri'thtl'ACted fuwds
GLnu'at fund
<)40 (125
(5.614,J76)
177,1)86
TOTAL 14'llh"IVi
.fj:Y4Q,
INDAVJJ)IIA I. C.'AIIE SERN Icts ful- Ilit. YeAI' li.ndtd 31 hlareh 2024 MO&).lI,..l' IN FL.FIDS - C.'i)JnVlIl TJlOI-.emeAI in fwxlN i1Lie0 111 rhc aixS%L dru. Ivllu%s- Tnc(Jming' i'tsoi)rte8 LTÉdcil In fiJnd$ llfftrrjiiyf.ted ful8 CTLI)Lrdl liiiid 4.3Y4:71 s {4.164:587) 21.5,111 TOT_41. l-,liND 4,879.Y18 (4.161,i&7} 217.131 -4 L,1.Y1)t !'e1i r12 nu)hS iL(l pk'iOI' 12 I)ulS (xxftbii)ed .511[rbn is &s liillui¥.' nK)4'cnsLIIi IJF thinds Ilt 1.4,22 31.3.24 iliire%tri£t¥ii ¥iPk)ei'Jl fiJMJ RL'V'&Iiift(ion reseT4V£ 4?17,PJ3 I.ICJ7.422 719.f)&C 4.937,4>4 1_?67,4?2 5.jSi.?.F 5 719.li6() 6,304,¥81 .S.iAi.21 S -4 ¢.urrert 12 uwllii]s IMx4 prinr >rrar 12 inJ$ eon*4t)ed nxjvunirf iu fiu)d% ir)clud£d thL abJvL as R¢stiUIr. Lkpended rLsix]rcL in lunds I ieiiei'al fund 10.120.64i 177.91K) 71¢I,fj66 'I'¢)'I'AL FUTr4DS I0.1fj0.64i 19,77&,96.1} l Tl.986 711),6&+ Pdkt 27
IIDIVIDI,-AI. I':ARE SERVIC'.I.'.S Notes kn t17t fr.11LiA1 StAtemr.iits' _ continN¥(I ror I1 Tr'ur K•tlt{131 March 21124 16. IItr.l A"II.'D PAR'lTh' l)r.SL.LOSUTiL l)th"in¥. thc Ib¢ L4?7 ]1'r15&t ba"i'iLQS fio:T> a bLI%II2C4& ¢1) knlitcli dii"ttlrtJ'&lii'Lièl¢Ys had 8n in(L'rcst. "I"he I1C nf iF)ese ard the IlitLLloi'Wli'SEees (x)tii'uncJ fullu%Y¥.' .1 li"uslLt%: Njlr A 11 Ca'un¥Jtiiii MY A A Clo11n ir¢ A A Franctt 4. Suu5 'I'hiS cijnip41n> L¥riicd rnnsi ol. Ilic niaititerirtuc.e. tLluriiith7l)t( NTnlc at d. J'e5idcnual l)(xrits. Tl)c ffilloiviuR -¥Sal0$ 'u"c wdei'lrikeJi vn ¥ nf)I'iii.Il ¢OJnmcici&l liasi.G. Resol1rS vf £gCJ.IS(i {20?1 - S.71:772) ltrl ÉMkliÉion t11 e sre. L".yitslira4 Cwils 4)1. £ I%2,2J4 3 (2023 L2(J6,088) IA-'itl)in IriidL' LILdiwr$ ai14J iLcLiiaLs Li a Fkilaiice ol"L?7.84.S {20?.J - £ lQ."1,719) ui Trf this CXWÉMTr. l)i'id Hértlei'.I I)1{0[ 17f tlie LorriEP¥ll¥ i% L)trcctsY wid SharL)I{ irl 4rduilicld i.iinile.d. AJ'thnfEeld Limitid pioi'ttF¢s' nu11agenL 'Tr'iLc% ta t1 dvLriL)', Thu. wn01 ul"tLL4 Imid ¢O.4r(lf]c1d l.Èmil¢xl duiiiit> tile .1 din¢)11ed 10 Q7:J26 {21)11 - E2,74(H). IAirinx hi.s perin.4 lil bib unplni'nFiI, Ihc cliarity avwlabk. i(1 Klr .1 l.Al¥¥rds I'fffte fth'ukT Lliief EkLLLltile CIST5LV al- IIK cha?i¢tr). Th. Inaii Ill ihc paynd .U.9.il (20a? _ £fj:1781. Th"s 1% l)eits% rLpaid £350 pLI' nrtth. 17. IILTIThIAI'F. <'.UTrITROU.¥NI<: i'.JlRTTr" Thcre no cunlLnllÈn8 parlj thc >'ear. IS. C:OJNG C:l)r4C:I.'.R)' Tho ljiiai?ck?I dre pi'epare(14Jn 41 1Th COL 'l'herL' twL' n(J Ivitttal uE]ccrtaintie.s abuu¢ tlie ( hoi'ÈL) s abilit> tsi om(inuc, Pi*Fi 2
TFDIIIIDL..IL I.AIIiI,..514 IC'.fr' tJ¢liUtil.41atiIÉ of Ii'inancial Aclivilt¢& for the Yixr I...1e 31 fv1srdi 21124 2tr24 7.02J I)ColE.r4D ?.,NI)()WM Tr'.P4'r 1iitLfl eLlI.ble 3éA) FIL5 N'LLLI'td l.or re.%ide41tial cair FLLs 1(?r dLill]iLllir)' ¥ii ie IJ.4&1) 4,688.250 .(114.422 !,ry6.5.2Y5 5.954.i.W 4.379,717 .1 7ncoThi4p rrsourtis 5,94a,92i 4.-IP.1,71 EXPEWDITLR DviRiC'iljry o.syt SL¥ll LJJSIS ¢)thci- c(1.slY l)epreci&tioii ()[ tan01C fLK4xI iisseis illtero Hill. PLsrcEJas¢ 1,¥47,.SDS 1924.78R 7..14 27<J ft 7.35?. 23.039 1.190 4.329507 32.12,6 RsidlI1Al t.ayt tmts Stal't-L(i.%ls ()ther C J.lei)I'e¢isLtiTrrt fif t.1b]L fL%IL 451s PLrJli( on sale of ¢2l Bdiik ILTrMIL inl¢ttst. Flirc i)UTthdX' I.1,9811 IV_.179 ¥4)6,151 1442.24 7,725 {] i.C)97) El,12.?. 1.-470 6.14 1.2A4.tlli9 951,9J9 'I'oul tLWUTL¥Y o¥p¢ILded 5.014.J7b .1.164,.$87 Nel iii£'A)n 215.131 This pt. I tni'ni PIY'L <)i-IIK SlaliilLj ffith1l8I 1'4fte 29