Cornpany registration number. 02721623
Ch￿lty registration number.. 1020295
The Sanctuary Trust Limited
(A company limited by 8uataDte¢)
Annual Report and Financial Statements
ror Ihe Y¢aT EDd¢d 31 Match 2024
Chart¢red A¢¢ounl8nls
1st Floor. Block C
The Wharf
Manchester Road
Burnley
Lancashire
BBII IJG

The Sanethary Trust Limlted
Contents
Refcrencc and Admiillstrative D¢knls
Tntstees, R¢port
2to5
ststsn￿￿t of Trustees, Responsibilities
IndependentAuditors' Report
7tolO
Stat¢m¢nt of Financial Activities
li
Balance Sheet
12
Statement of Cash FIov48
13
Nots8 to the Financial Stst¢m¢nts
14to25

The SAnctuary Trust Limited
Reference and Administrative Detalls
Trnstses
Mi J A Bdwards
Reverend C R M¢Cawi
Mrs L E Mills
Trth S Riding
Mr C M Cowan
lth E M Fowler
Se¢retary
Mrs K O'Bri¢n
Senlor M2n2gemont Team
Mr D Lackner-smith, CBO
Mr J Wigley. Operational and development director
PrlodpAI ollk¢
Globe House
Moss Bddge Rd
Rochdal¢
OL16 SEB
The ch8rAty 18 In￿￿ornted In En8land,
02721623
Company Reglstrntlon Number
CbArity RtgiBtration Number
1020295
Bankers
National Westminister Bal￿ PLC
Town Hall Squore
Ro¢hdale
OL16 ILL
Audltor
Chertorcd A¢¢ounlants
1st Floor. Block C
The Whaxf
Manchester Road
Burnley
Lanoashire
BBII IJG
Page I

The Sanctuary Trust Llnjltsd
Tru8tees' Report
Tbe trust¢es, who are direGtOT5 for the pu￿05¢￿ of company law. pr￿ellt the 2Dnual report together WAth the
finan¢ial 8tstements and auditors, report of the thatitsbl¢ ¢oJwy for the year ended 31 March 2024.
Tru5teti
Mr E H O Boswcll (r¢5ign¢d 17 June 2024)
Mr J A Edwards
Reverend C R M¢CaJ
Mr8 L E Mills
Mr5 S Riding
Mr C M Cowan (appointsd IS January 2024)
Mr E M Fowler (appointed 1.5 January 2024)
ObJe¢dve8 and a¢dvldt$
Obje¢ts andalms
Th¢ Sanctuary Trust is a pra¢ti¢4J exprns8ion of God's love. provlditig support and ¢n¢ourftgement for people
who are homele58 or 5c¢kiDg to tsk¢ control of thoir liv¢s through dru8J al¢ohol or other homeless-r¢lated
problems.
The trust's aim is to help people to take 8 place in Society and kve ind¢pendentlyi and to give vu]n¢rable
people opportunity to improve their qU￿lty of life byproviding a stable environment which en8bles them to toke
greater responsibility for theirliv¢5.
The Trustccs ar¢ mindful of the CbaTity Commtsgion guidaoce on public benefiL We believe that our n¢tivities
make a 8igDifi¢allt dtfferenee lo the lives of our elients and benefit the local Communities in whieh we work. Our
actsvxties are plaJned to improv¢ the lives of homeless people and lo reduce homelessness.
Jeevlew ofa¢ilvltlés dndacltlev8mEnts
In the year under r•view, the Trust's cbaritsble activitie8 have continued to be directed lo me¢t tbts lleed of those
people who are hom¢l¢ss, at risk of hOm&￿5￿¢SS or Are otheThi8e affected through dNg, alcohol ￿ other
hotneless-related wobl¢n)s.
These adiviti¢s have continued a¢ross Greater Manch¢ster and North West Wales where w¢ have seen demand
Ilas continued to increaBe and thcr¢for¢ our r¢spon5e needed to adapt and ill￿¢85e. wbilst f￿¢d with a
confinuing challenge from these demand lovels and the fLmdillg chall¢ng¢s placed on mauy of our key
stakeholder funders.
Our main commissioners ID thcsc areas havc provided ￿#t support to our initiatlves And we have be¢n able to
¢ontinu¢ our residential offerings and provide on 8treet support to those with nowhere e]se to turn. Our support
services have provided practical support to help to pr¢v¢nt those who would othEtwise become hom¢les8. The
support provided by our COmD]issioners has been augD]ented by the Eenerosity of our grant funders and otl
regular donors who provide support in monetary and in oth¢rpTa¢tical ways,
The reputation of th¢ Ch￿lty is underpinned by a dedicAted tcam of 8taff and volunteers who lead the proj¢¢ts
which deliver the most important outcome4 and without which we would be unable to make a differencc in
places wher¢ it is most needed. Jn addition to these 'front line, stsff, the team who also help with fundraisin8
Ibrough new illitigtives or through r¢gul8r support bave facilitated and enabled the Charity's activities and Btso
been a seeond line of support in malang these ser￿S aCce￿1)Ie to and meet the needs of those at risk of
homelcssll¢$$.
Page 2

The Sanetuary Trust Lillthd
Trust¢esl Report
Our place in the team of organisations whD • those WI￿ are otherwise Trarginalised has continued to bc
strcngthencd by th¢ social work placentrnts for social vMrk students frota Salford Unlversity and through our
l¢ading and active involvement in multi disciplinary discussions across the wider third se¢tor and pubIi¢ sector
teams.
In 6Utnmaryy It has been another year where our vision and our tea￿ at The Sancttw Trust have ll￿de a r¢al
diff¢r¢nce in the neighbourhoods whcr¢ w¢ live and worK alld we ate determined to coul￿￿lle to ¢ontiibute to
z¢ducing homel¢ssne88 ia these areas, with the support of fellow providers, fund¢rs and cott]mis8ion¢rs.
Plansforfu¢ureperlods
The San¢tuary Th￿tha5 engaged WAth stakebolders to reviwv its misslon, Visio￿ and core valu&s. Following this
p¢riod of consultstion, the Board lths approved a set of objectives that will maximiso our ImpACt in 2024 - 26.
Th¢se objectlves are:
Re]ieve and prevent h02nelessness - w¢ aim to brillg to the market affordable houBingi relleve hom¢lessn¢ss
' and ¢nsure wc remain at the highest level of what we are ablc to de]iv¢r.
2. Add sociRI value-we aim to devolop coinmiu)ity connection polnts and Invest In grass rootj organi8adons.
Take carc of our peopl¢ - w¢ akn to promote stRff wclfare and cultivate inter professional relationships
' among staff.
Reviow our charitable 8ctivities- we aim to ¢ngage in a process of h￿tb che¢laag our or8anlsation &¢ross
' key arnas of ow Ch￿l￿ble activities.
Th¢ Trust looks fonvard to ryortingback oll our su¢¢e8s against thcsc objectives io coming yearB.
Events afterthe reportliigp¢Aod
During the year The Sanctuary I￿USt was given the opportunity to pw¢base Holborn Hous4 a propety that tho
charity has been a tenant of for many years, which it has t8k¢n with asreement in win¢iple for th¢ purchase ID
January 2024, ond ¢ompletlon in August 2024.
Thts SAnctuary Trust also started the process of sellin8 one of its properties during the year. tbis b¢iDg Belgtave
Road in Colwyn Bay. The board employed tb¢ s¢rvices of an estate agents in January to start the proces4 and
tke Sale Co￿PIeted In August 2024.
Fliiaiielal
The Charity's principal fi]nditig sources during the year were s¢ryi¢¢ contract lllcom¢ £696,821 (2023:
£570.155), housing benefits received £903,052 (2023: £723,811) and a Contribution received from tbe W¢18h
Assembly of £162,346 (2023: £164,619). Other souwes of incom¢ r¢¢eiv¢d shown in notes 3, 4. 5 and 6 to
the a¢counts, These resour¢¢s have been u5cd to provido Rccomnwdation and support to hom¢less and other
vu]nerable people.
The charity made a d¢fi¢it for the year of £13,616 (2023: £230.697 defi¢it), fith¢r details of which 8re shown
in the 8latem¢nt offllwicial adivities on page I l.
Th¢ ch￿Ity's financial position at the end of th¢ year is shown on the bp&laDCe sheet (page 13), whi¢h shows that
thc cbarity'5 fimds have been r¢du¢ed from £402.051 at 31 Marcb 2023 to £388,435 at the ead of the cuttent
year. These fimds 8re fillth¢r split between restricted and unrcstsicted. At the year ¢nd The SancttTary Trust has
r¢stsicted thnds of £108,450 (2023: £118,672) 8nd unrestrACted fimd8 of £279985 (2023.. £283.379). whith c8n
be seen ID greater d¢tail in notc 20.
The Tn]steo8 consider the state of the cbaritys affairs to be satisfa¢tOry end lookto the futh with CODfideuce.
Page 3

The Sanctuary Trnst Limited
Trnst¢esT Report
Poli¢yfor managlii%nsk andr¢ser￿S
The trnstees have a5ses5ed the risks and un¢ertainties to wbich the th￿[ty is exposed And consider the principal
aTeas to be as follows:
. Opposition by the local cOmm￿ty to tbe developrnent of ncw occonunodatiou sites QIIMBYism)
. The 8pr¢ad of COVID, flu or other pandemi¢s amongst stsff and clients
Failure to comply witb Disability DisCrimi￿tiOn Act irL the provision ofpropetyfor ￿ComModAtion
The ttu$t¢es are satisfied that SySt¢ms are in place to mitigate th¢ ¢hatity's ¢xp06ure to major risks. A8 part of
that process, the trustees hav¢ implen*nt¢d a risk managemcnt stralegyi which ¢omprise8'.
An annual r¢viN of the risks which the ¢hhrAty may fae¢
. Th¢ esttiblisIllnent of systems and procedures to mitigat¢ those identified in the plan and
The implementation of procedures designed to Milli￿ any potentlal impact on th¢ ¢harLty 8hould any of
those risks tnatsriallze.
It 18 the poli¢y of th¢ ¢barity to Jllaint8in free r¢8¢rv¢s. wbich are unr8strleted fund8 less fixed assets included
ther¢in (8¢¢ nots 20 to th¢ aceounts). at a level which equates to approxinmtely three to four montb8 unr¢strictsd
¢xpondiiut¢. Thig provides Sufficient fiwds to ¢over manag¢men( athlllnistration And Support costs 8od to
Tespond to ¢m¢rg¢n¢i¢s which may ￿16¢ from time to time.
The 8mount of free reserves avRilable kt 31 March 2024 WAS £103,077 (2023: £92.248). The lrnslees are awaro
of the defieit incurred irL tbis fjnanci81 year whi¢h bas arisen as a result of planned inve8ttnent in the thtsjre
8rowth of tho ¢]￿lty. The ¢barity continues its programme of additional income generation and Close co8t
nwiagcmcnt and will continue to monitor the fin8nclal posltion of the clwity so that rescTves nx•ve tOW8rds the
target lev¢L
Struthirei governanco and manftgement
Nattire ofgovepxlng do¢iiment
The Sgn¢tuary Trnst Limited is A company Jimit¢d by guaTOntee governed by Its merdorandum and atti¢l¢8 of
association dated 9 June 1992. It is roBiStered as a ¢barity with the Charity Commis511)
Organtsadonalslruclure
A board of trusteu. who mcct on a regular bas1$, administer the ¢harity. AD Op¢ration8 and Dovelopmcllt Team
in¢ludin8 4 CEO. Operations and Development Directoi. Financial Director and otbers 88 necessary are
appointed by the charity to rnan8ge the day to day operatii)ns of the orgaDi8#tion. Tho S>mctuary Trust is a
ac¢reditsd Living Wage employer and reviews its levels of pay on an annual basi8 ill order to ¢ontinue to
remunerate all employees in excess of these minimums.
Recruliment aiiddppoliilMentoftrHslees
The Board seek io appoint trllstees as vacancies arise or if they become awaie that a person with approwlate
skills and expeTxence is available and willing to join the board.
Trmsleu, INdii¢tioN 4ndtr4lnlng
There is no forniol training Provided for lrnstees but they ar¢ adv&qed to read the Iiterature availablo frorn the
Cbarity Commission and they are aware of th¢ir g¢ner&l duties and respo]￿ibilItteS as part of th¢
recrnitrllent process and once tbey join the board and attend meetings.
Pag¢ 4

The Sanctuary Trust Limited
Trustees, Report
volun/e￿I
The charity 15 fortunate to bav¢ a large numbcr ofpeople who are willing to volulltccrto assist in fi]rtb¢riog
th¢ objects of providing support and ¢n¢ouragemeDt for p¢opl¢ who ar¢ homeless. There formol processe8 XL
plac¢ to ensure that volunteer8 havo appropriate traiDiDg or experien¢¢ and that they meet 811 legal requirements.
Dwing the year the average numb¢r of vojunteers that the charity bad WAS 45 (2023: 41). with the incr¢ase thie
to more volunt¢¢r opportunities being made available.
Dlselosure of Infonratlon to audltor
Each trustee has taken steps that th¢y ought to have tsken a8 a tru8tse in order to make tbemsolves aware of any
relevant Audit inforniation and to estsblish tbAt the ¢hwity's auditor is aware of tbat inforn?ati￿ The trustecs
¢onfJrni that th￿C is no r¢l¢v8DtinfomMtitsn that they loow of and of which they know the auditor is unawAt¢.
Sjnall compaDle$ provlslon ststement
This report has been prepared in accordm¢¢ wlth th¢ sn￿ll comp8Ji¢s Trgime under the Companies Act 2006.
The ar￿ual report wis approved by th¢ trust¢¢s of Ib¢ ¢hatity on 16 September 2024 and signed on it8 behalf by:
Mrs K O'Biien
Compauy Sc￿etary
Page 5

The Sgnetuary Thist Limited
Statement of Trnsteul Responsibilities
The trnstee5 (who arts also the directors of The Salle￿8ry Tn￿t Limited for the PUTposes of company law) are
responsible for prepanng the trustees, r¢port and the financial statements in aGCOTdance with the United
Kingdom A¢¢ounting Standards (Unit¢d Kingdom Generally A¢¢epted Accounting Practice) and applicable law
and TcgulAtions.
Company law requires the Iruslees to prepare fillaD¢ial statements for each. fillancial year. Under company law
the trustees rnust not approve the financial stst¢ments unless th¢y ar¢ satisfied that they give a tw¢ and fair view
of the state of affairs of the charitable company and of its incoming Tesourc¢8 and application of Tesources.
includ7ll8 its in¢om¢ and ¢xp¢nditur4 for that petiod. In preparing th¢8e fllwLciaI statements, th¢ tn]stees are
rcquired to:
select suitable accowiting policle8 and apply them CODSiStently>
obs¢Tvo th¢ m¢thods 8nd principles in the Charitie5 SORP;
make judgements and estimat¢s that are reasonable and prndent;
stste whether appll¢abL¢ ITK Accounting Standards bave been follwe4 8ubject to 4tty mat¢Aal d¢parture8
disclosed and explained in the financial stst¢rnents; And
prepare the financial statements on th¢ 80in8 concern basis uJl+3SS it 18 inappropriits to presume that tho
charitable Company will continue In business.
Th¢ trustees are responsible for keeping adequate ￿COunting records that are suffi¢lent to sbow and cxplain the
¢baritsble company's transactions and di5clos¢ with reasoDable accuracy at any lim¢ th¢ finanoial position of the
cbatitablu company and enable them to ¢Dsur¢ that th¢ fitsao¢iaJ statements Comply with th¢ Companl¢s A¢t
2006. They are also responsibl¢ for s&fegu8rding the assets of th¢ charitsbl¢ ¢ompany aml hence for tAkin
re8sonable step5 for the pttvention and detecllon of frnud and oth¢r irre8ularitics.
Approved by the trustces of tho charity on 16 September 2024 and signed on its behalf by;
K 0gri¢n
Compaay Secretary
Pag¢ 6

The Sanctuary Trust Llmited
Independent Auditorls Report to the Members of The Sanctuary Trust Lirnited
Opinion
We hav¢ audited the financial statements of The Sanctuary Trust Limited (tho 'chaTiW) for th¢ year ended 31
M8r¢h 2024, wbich comprise the Statement of Fin￿Gial Activities. Balan¢¢ Sh¢¢4 Ststement of Casb Flows.
and Notes to the Financial St8t¢ments, including a 8UD]mw of signxfi¢Ant aG¢ouDtin8 polici¢s. Tho fJnan¢ial
reporting framework that has been applied in their prepardtion is United Kingdom Accounting Stsndards,
¢ompriBing Charitie4 SORP - FRS 102'Th¢ Finan¢xal Reporting Standard applicabl¢ in the UK and Republic of
Ireland, and 8pp]i¢able law (United Kingdom Genthlly Accepted Accounting Pra¢tice).
In our opinion th¢ fMan￿41 statements:
give a true and fatr view of the stats of the clwiV8 affairs A8 at 31 March 2024 gnd of its in¢omiDg
resources and application of resourc¢4 including its income and ¢xpendi(ur4 for th¢ year tIM ended;
have been properly prepared in accordance vrith United Klngdom Generally Accepted Accounting Practice;
havtr beenprepaT¢d in a¢¢ordan¢e tb¢ requir￿￿ts of thtr Companies A¢t2006.
Ba818 for oplnlon
We conducted our audit in ac¢ord8n¢e with International Standards on AudifinB (UK) (ISAS IUK)) and
app]icable law. Our responsibilities ll￿d￿ those standards ar¢ furtb¢r described in the Auditor's r¢sponsibiLitios
for the audit of the financial statements section of ow Teport We are independent of the ¢barity in 8¢cordauce
with the ethica] requirements that zelevant to our Audit of the finallclal slatemellts in th¢ UK, includitig th¢
FRC'S Ethical SlandArd, and we have fi￿filled OUT other ethical responsibilities in accordance with thes¢
reqUir￿llent8. We believe thRt th6 audit evidenc¢ we have obtained 18 6uffi¢ient and appropriate to provide a
basis for our opinion.
Concluslon& relAthig to going concern
We have nothing to report in respect of the followlng trlatters ill relation to wbich the ISAS (UK) r¢quiTe us to
report to you where:
th¢ trustees use of the going ¢oncem basis of accounting In the prepArntlon of the finan¢i81 statements is not
appropriate; or
the truste¢s have not disc105ed in th¢ fALan¢iAI 8￿teD￿￿ts any id￿lIfied matstiai un¢¢tt8inti¢s that nmy ¢a8t
significant doubt about the ¢harity'5 abiIity to continue to adopt the going ¢on¢¢m basis of accounting for a
p￿10d ofatleast twe]ve months from the date when tho fjLanGiai Btatements ar¢ authozised fori8sU¢.
Other InformRdon
The trustees are re5ponsibl¢ for the other informatioTh The other inforDJation ¢omprises the inforniation included
in th¢ a￿llu￿ repor¢ other than the financial stat¢ments and our audilor's t¢port thereon. Our opinion on the
fiDancial statements does not cover the other ithtmation an4 except to the extent otherwise explioitly stated in
ourreporl we do not wxpress any fomi of assurance conclusion thereon.
In connection WAth our audit of the financial statements. our responsibility IS to read th¢ other infomiation an
itt doillg so. consider wbethet the other inforn￿tiOll 15 matsrially in¢on5iSt¢nt with the f￿anCIaL statements or
our knowlcdge obtained in the audit or otherwis¢ #ppeats to be materially misstatsd. If w¢ identify such matcrial
AllCODSiStencies or apparent n￿teIla] misstatements, we are requÈred to d¢termine whether there is a material
rnisstat¢ment in the fmau¢ial statements or a matsriAI misstatement of the other infomTration. If. based on the
work we have perforne(L we ¢onclude that ther¢ is a material misststement of this other infonDation, wc Bre
required to ieport that fact.
We have nothitig to report in this regard.
Page 7

The Sanctuary Trnst Limltsd
Independent Auditor's Report to the Members of The Sanctuary Trust LAmited
Opinion on other matters prescribed by the Con￿9￿1cS Act 2006
Ill our opinion. ba5¢d on the Work ulldertaken in tb¢ course of audit:
the inforniation given ID tb¢ Ttustees, Report for the fillanoial year for whi¢h the f￿￿￿141 ststentrllts or¢
Prep￿ed is con5iSt¢nt with th¢ fmancial ststements: and
thc Trustees, Rcport has be￿ PT¢par¢d in a¢¢ordancewith appli¢able legal requirements.
Matters on wblch we Are requtred to report by ex¢eptlo
Ill the Iight of our knowledge and understsnding of the ¢oJnpany and its enviroJJm¢nt obtained in tbe cour8e of
the audil wo have not identifjed ma￿1￿1 ti)isstatements in the Trustees, Report,
We have nothing to report in respect of the following taatt¢r8 where tho Cornpani¢s Act 2006 requirc8 US to
r¢port to you if. iti our opinion:
adequate accounting T¢¢ords hav¢ not been kep¢ or reiurns ad¢quat¢ for our 8udit have not been r¢c¢ived
from br8llch¢s llot Visitsd by us; or
the finanoial 8tatem¢nts #r¢ not in igreement with the a¢¢ounlin8 records alld returns; or
Certain d18¢1osure8 of trustees remull¢ration specifiedby law ar¢ not made; or
w¢ bavp llot T¢c¢iv¢d all the informa￿Oll and expl8natioDS w¢ require for our &udiL
Regponslbllitles of trustees
q explained more fully in the Statement of TNstees' Responsibilities (set out on page 6). th¢ trustee8 are
respon8ibl¢ for the preparation of Ihc fill￿ClaI Statemenls and for b¢in8 8&tisfied that they Bive R Irue and fAir
view, and for su¢lL iDt¢rnal control 88 the trustees determi￿ is n¢¢¢8Sary to enable the preparatioll of financial
8tatenwits thal are freo frommatsial misstatemen< whether due to fraud or ¢ffor,
Tn prepaTing the financi81 ststem¢nts, the tNstee8 are respons1￿1¢ for a$s¢￿ing the chatity's ability to continue as
a going eollcern, disclosingg as applicable. n)atters relat￿ lo going concem and using the going concern basls of
a¢¢ovnting unless the ttugtses either intcnd to liquidats the charity or to Cease operatioDS, or have no rcalistlc
alternative but to do so.
Alldltor's re5POD5ibUltles for tbe Alldlt of th¢ Ilnanclal statements
Our objective5 are to obtsin reasollable assurance about wbether the financial statements as a whole are fre¢
from material mlsstat¢m¢nL whether du¢ to fraud or ermr. and to issue an auditor's report that ill¢ludes o
opinioTh Reasonable a58wance is a level of as5uranc4 but is not a guarantee that an audit conducted in
accordAn¢¢ with ISAS (UK) wIll always detect a material misstatcmcnt when it ¢xists. Mlsstatements Can arise
from fraud or error and ar¢ considered D￿terial 1£ individually or in the agwgal4 they could reasonably be
exp¢¢tsd to infiuence the economic decisions ofu5¢rs tak¢n on the basis of these financiAI 8tatements.
lttegularities, including fraud, arc instaD¢es of non-¢ornplianc¢ with laws and regulations. W¢ desigtLproc¢dures
in line with our respoDsibilities, outlin¢d abov4 to detect niat¢riMI misstat¢m¢nts in Tespect of itregularities.
ittcluding fraud. The spe¢ifi¢ procedures for this engagement Rnd the extent to which these are capable of
detecting irregulariti¢s, includ￿8 ftaud is detaiL¢dbelow.
Our approach to identifying and assessing the risks of material misstatement respect of irr¢gu]arities. includin
fraud and non-¢ompli4n¢e with laws and regulations. was as follow8:
the enga8ement parlner ¢nsur¢d that the engagement team ¢ollectivcly had the appropri8t¢ corapeten¢
¢apobiIitie8 4nd skills to identify orrecognise lloll40mplian¢¢ WAth applicable law8 aDd regul8tioJ)s'
we identified the laws and Iegulation5 appli￿ble to the clwity through discussions with trust¢e8 And other
anag¢menL &nd from ourknowled8e and exp￿1¢￿ of the charity seGtor,
Pag¢ 8

The Sancthary Trust Limited
Independent Auditorls Report to the Members of The Sanctuary Trust Limlted
we focussed on 5p¢¢ifi¢18ws and regulation8 which we considered may have a direct mataial eff¢¢t on the
fioAn¢ial statements or th¢ op¢rntions of the elwity, in¢ludins the Chariti¢s Act 2011;
we assessed th¢ extent of Gompliance with the laws and reguIations id¢ntified abov¢ through making
enquiIies of mana8¢ment and in5pcctiD8 le881 correspondence; and
we idontified laws and regulations which were communicated within the audit team re8ularly attd the team
nained alert to instance5 of nonwcomplianee tbroughout th¢ audiL
We assessed tho susceptibility of the cbarlty's fJnan¢iai ststemellts to material mis5tatemenL includin8 obtRining
an understanditig of how fraud migbt occur. by:
rnaking enquirxe5 of management tts to where they considered there WAS 8￿ceptIbIlity to frauiL their
knowledge of actual, 8uspected and a]leged fraud; and
considering the internal ¢ontrols in plac¢ to Jnitiyte ri8ks of fraud and noD-compliRnce with laws and
regulations.
To addres3 the risk of fraud througb mana8¢mellt bl88 and override of ¢ontro16, W¢."
perfonned attalyti¢al procedures on nwt¢ri81 balances for which robust, substglltiv¢ all￿Y11¢#I procedures
have beenuDd¢rtaken to identlfy any unusual orunw)e¢t¢d relationsblp&
t¢st¢d journal ¢ntrl¢s lo ideatify unusual transactions; alld
investigated th¢ rAtionale behind 8i8nificallt orunu8ual trAnsactiOD8.
There are inherent limitations in our audlt procedures d¢s¢ribed above. The more removed that laws and
regulations are from financial trallsactlon5, the less likely it13 that we would become aware of non¢ompllance,
Auditing Standards also Ilmit tho audit procedur¢8 requlred to identify non-¢ompli8nce with l&ws and regulations
to enquiry of th¢ directors and otlwr mAnag¢meDt and the inspectlon of regulatory attd1¢881 Co￿¢Spondenc¢, if
Material misstatements thAt arise due to fraud ¢An be harder to d¢te¢t t1￿￿ those that arise frortt ernjr as they
ay involve deliberate cone¢alment or collu8iO
A fillther d¢scriptioll of our r¢spoD511 >ilities for the audit of the fuwi¢ial s18tements 15 locatsd on the Fin8n¢ial
Reporting CoullGit'8 websit¢ at: www,fr.ors.uklauditotsre8ponsibllitie& Thi8 des¢rlptEon forrlls Part of our
auditor's Teport.
Use of our r¥port
Thi5 fCPOrt is m8do solely to th¢ cbarAtable company's 1Th8tee8. as a body> in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit wotk has been undertak¢n so that we Jnight to Ibe oharity
ttustees those mattcrs we ar¢ required to stats to them in an auditor's Teport and for no otber purpose. To the
fullest extent perniitted by law. we do not accept or assume responsibility to anyone other than the ch￿]￿ble
¢ompally and its trustees a5 a body. for our audit work. ftir thi8 reporL oi for the opitiions we have folln￿L
Page 9

The Sanctuary Trust Lfin￿ted
Independent AuditOT'S Report to the Members of The Sanctuary Trust Llmlted
Mark Heaton FCCADchA (Senior Statutory Auditor)
For and on beba1f of KM, Statutory Auditor
1st Floor. Block C
The Wbarf
Manch¢5ter Road
Burnley
Lancashire
BBI.I IJG
16 Septemb¢r 2024
Page 10

The Sanctuary Trnst Llmited
Statement of ￿ancial Aclivities for the Year Ended 31 Msreh 2024
IIncIuding Income and Expenditure Account and Statement of Total Retognised GaiD8 and Losses)
Tot
6 April 2022
to 31 March
2023
Total
31 March Unrestricted Restricted
2024
funds
Unrestrlct¢d Rcstrfeted
funds
funds
Note
llltome frnrn:
Dollatiojs
Charitable activities
OtlL¢r trading a¢tiviti¢s
Investment income
8.953
1,836223
53,392
1715
39,080
60.052
48.033
1.896.275
53JY2
2.715
28,607
1511706
61.616
646
45,515
83 J45
74.122
1,596.051
61,616
646
Total income
1901283
99.132
1000.415
1.603575
128,860
Expendlture op:
Raising fimds
ch￿itable activities
1,732.435
(68.690)
1.83598
(630
108.71
(69,326)
(63,813)
1.77336
(63.813)
1.899,319
125,954
Total expenditure
Net (exp¢ndibJre)fincom¢
Trdnsfers b¢twe¢n fimds
1,904.6
109.354
014.031
1.837.178
1,963.132
(3.394)
(10222)
(13.616)
(233.603)
2.906
10.415
(230,697)
Net movement in fjmds
(3J94)
(10222)
(13,616)
Re¢onclllation of funds
Total fi￿dS brought forward
Total funds caTried forward
(223.188)
(7509)
(230.697)
283 J79
118.672
401051
388.435
506567
126.181
632.748
402.051
20
279,985
108.450
283,379
118.672
All of the Ch￿Lty¥ adivities derive from Continui￿ opcrations during the above two period& The funds brcAkdovm are shovm in notc 20.
Pagell

The Sanctuary Trust Llmfited
Oleglstration Rujnber: 02721623)
Balanee Sheet as at 31 Mareh 2024
31 March
2024
31 March
2023
Note
Flxed assets
Tangible assets
15
242,392
260,937
Curr¢nt Assets
Debtors
Cash atb8JJk and in hand
16
100,038
167 628
111.719
125.729
237,448
267,666
121.623
Credltors: Amounts falllng due wlthln ont year
17
Net ¢urrent Assets
146.043
388 435
141114
N¢t assets
402 051
Funds of the ehArJty:
R¢strl¢ted Ineomt funds
R¢5tsicted fund8
108,450
118,672
Unre5trA¢tsd Income funds
Unnstii¢t¢d fund8
279 985
283.379
Totsl lllndg
20
388.435
402.051
The fmancial stlltements on pa8es 11 to 25 w¢re approved by the trustees, 8nd auth0ri5¢d for issuo on 16
September 2024 and sigtied on their behalf by:
Rever¢nd C Rm¢C￿l
Trustee
Page 12

The SaDetuary Trnst Llmlted
statement of Cash Flows for the Year Ended 31 March 2024
31 Marcb
2024
31 March
2023
Note
Cash flows from operatlng 8¢tfvItEe$
Net (¢xpediturey in¢ome
AdJu8trnents to cash flows from non-cash Items
D¢pre¢iation
Investment income
(13,616)
(230.697)
15
20.898
715
21701
646
4.567
(208,642)
WorIdng capltsl adjustments
D¢Grease/(increasc) in debtors
Increasel(decre88¢) in ¢reditor¥
Net cash.flows from opernting a¢tlvlties
Cash flow$ from Investlng Aetlvldes
Jnter¢stTeccivablc and similar in¢om¢
Pur¢h880 of tsngible fix¢d assets
Disposal of tangible fixed 8ss¢ts
Net cash flows ftom inv￿tIllg aclivlties
Net incrnBse/(decrease) in cash and ¢a5h equivalents
C88h ond euh equivalents brougbt forward
and cash equivalents carried forward
16
17
11,681
25288
(30,377)
41536
2,715
(2,352)
646
(35,565)
4.158
15
363
41.899
(291.268)
416.997
125,729
125 729
All of the cash flows are derived froth ¢ontitiuAns opernllons duTlllg the abov¢ two period8.
Page 13

The Sanctuary Trust Llmited
Notes to the Financial Statt]nents for the Year Ended 31 March 2024
I Charlty Status
The charity is limited by guarants¢ inCo￿orated in England. and consequently do¢$ not have share ¢apitsl. Each
of the trustees is liable to ¢ontnl)ut¢ all amotmt not exceeding £1 towards th¢ ass¢ts of the ¢h8rity in the of
liquidation.
The address ofits re￿￿red offi¢e Is:
Glob¢ House
Moss Bridge Rd
Ro¢hdale
OL16 SEB
These fjnAncial statements wero authorlsed for issue by th¢ trustees on 16 September 2024.
2 Ac¢ountinE pollclt8
SumrnAry of 51gnlficant accountlng po]IcA¢s and k¢y accountlng esllmates
The prin¢ipal a¢¢ounting policies applied in the preparation of these finan¢Aal statements are set out b¢low.
Thesc policic5 bav¢ be¢n ¢onsist¢ntly applied to all the yom pre8cnt¢l unl¢ss otherwise stotcd.
Statement of comp]lance
TILe financial stal¢m¢nts hav¢ been prcparcd in Rccordance with A¢counthg and Reporbng by Charities,"
St8t¢meut of RewD)mended Practi¢e (appli¢able to charitscs preporing their accounts in a¢¢ordan¢e wxth the
Financial Reporting Stsndard applicable in Ihe UK and Republic ofIreland (FRS 102)) (issued in October 2019)
- (ch￿Iti￿ SORP (FRS 102)), tha Financial Repwting Standard applicable ia the UK and Republic of ]reland
(FRS 102) and th¢ Compatiies A¢t 2006.
Basls of preparadon
The Sancluary Trust LiJDited m¢ets the defmition of a publio b¢n¢fit entity under FRS 102. Ass¢ts alld IlabiIiti¢8
e iDitially r¢co8nised At historical c08t or transactlon value uDJ¢s8 Otherwi￿ ststed In th¢ relevant 8CCOUatiJg
policy llotQ5.
GolDg concern
The t￿st￿8 consider that th¢r¢ ar¢ no material un¢ertainties about th¢ ¢hwity'8 ability to ¢ontinue as a going
concem nor any SiBDifi¢allt of unthinty that 8ffect thg caTrying valu¢ of assets held by the ¢lwity.
Income
All inwme is reCo￿lS¢d once the cbarity h88 entitlerncnt to the illcomo, it is probablo that the income will bts
received and the amouDt of th¢ income receiv&ble can bè m¢asur¢d Teliably.
Donadons
Donations at¢ Te¢ognised when the charity has been notified irk ￿llIng of both the amount and settlement date.
Ill the event that a donation is subje¢t to conditions that requtre a level of p¢rfonnan¢e by the ¢harity before the
charity is entitled to the fjJnd5, the incomg is d¢f¢￿ed and not recogllised until either thosc conditions are ￿]lY
m¢t, oi the fuffilment of those coDditioDS is wholly within the control of the charity and it is probable th&t these
¢onditions will be fulfilled in the ieportinE period.
Page 14

The Sanctuary Trust Limited
Notes to the Flnancial Statements for the Year Ended 31 March 2024
Expendlture
All expenditur¢ is r¢cogDised Once th￿¢ is a l¢gal or COJL8tNctivo obligation to that expenditur4 it is probable
settlement IS Tequir¢d and the amount can be me85ured r¢li8bly. All costs ore allocatsd to the #pplioable
expenditure heading that aggregate similar Costs to that ￿t¢gory. Wh¢r¢ costs callttot be dire¢tly atttibuted to
particular h¢adings they hav¢ been allooated on ft basis consistent with the use of Te50urc¢s, WAdL c¢ntral staff
Costs allocatsd on th¢ basis Df lime spent, and depreciation charges allo¢at¢d on the portion of tILe asset's use.
Other 5UPPOrt costs are allocatedbased on the spread of staff cost8.
¥lslngfvMdi
The8e are costs inCu￿ed in attrxcttng vOh￿tsry incomA tb¢ ll￿￿geDrnt of investments and those incutted in
trading a¢tivitles thRt rdise fi]nd&
Chlln'table 4crfvlrfe4
Chalitablc expcllditur¢ ¢ompri6eS tbos¢ Costs in¢ukr¢d by the cknity in the delivery of Its activltlei attd 8ervice8
for its beneficiarie8. It includes both costs that bc allo¢ated dire¢tIy to Such ￿tiVitieS and thos¢ costs of an
indtr¢ctnatur¢necessary to support them.
Governanee eosts
These I￿lude the ¢08ts attnl)utable to the clwity's complianc¢ with constitutional and statutory requirements,
including audit, strategic rn8nggem•Jt and tn￿tee5, meetings and reimbursed expenses.
TaxAtion
The charity is considered to pas8 the tests Bet out in Paragraph I Schcdulo 6 of the Finance Act 2010 and
therefore it meets the defmition of a oh￿]￿b]e company for UK coryorntion tsx putposes. A￿O￿linglY1 th¢
¢barity is potentially exempt from taxation in respect of in¢omo or capital gains Te¢eived witbin cit¢gories
covexed by Cbapt¢r 3 Part I l of the Cotporation Tax Act 2010 or Se¢tion 256 of the Taxation of Chargcoble
Gains Act1992. to tho extent that such iD¢om¢ or gains are applied exclusively to charitable PU￿05¢s.
Tanglble fixed assets
Individual fixed assets gre initially Tecord¢d at ¢ost, l¢ss any 8ubsequ¢nt *¢oumuiat¢d d¢pr¢ciation and
subsequent accumulated impairment k78ses.
Depreclallon And amortlsltlon
Depreciation is provided on tBll8ibEo f￿¢d asBets 80 as to write off the cost or valuation, less any estlmatsd
r¢sidu&l value, oyer their cxpccted UBcthI economic life a8 followB:
A$8et class
tAnd and building5
Plant and macbinery
comput￿ equipment
Motor vehi¢l¢s
Depre¢l4tlon ll￿thOd ind rAts
50/0 per annu]n r¢ducing balance basis
20Yo per annum reducing baJan¢e basis
339/oper amium straigbt line basis
250A per annum Teducing balance basis
Page 15

The Sanctuary Trust Llmlted
Notes to the Financial Statements for the Year Ended 31 March 2024
TrAde debtors
Trade d¢btors arc amounts due from OWdni8ations for services perforn]ed in the ordindry cour8e of busiD¢SS.
Trade debtors ore recogDised initially at the traDsa¢tion pxice. They arc subs¢qu¢ntly nw8suTed at amorti5ed cost
using the effective interest method, le55 provisioll for in)painn¢nL A provision for the irnpairnient of trade
debtor8 1$ established when there is objective evidencc that the charity will not be abl¢ to Collect all amouttts du¢
according to the original tern￿ of the ieceivables.
Cash and tAsh equlvalents
Cash and c85h equivlllcnls compriye cash on hand Rnd call d￿osItS, and otb¢r short-terni blshly liquid
investments that are readily convertible to a knovm amount of.cash and 8ubj¢¢t to an insignificant ri8k of
ehw in valu¢.,
Tr&de eredltoY8
Trade creditors are obligatioJs to ply for goods or 8ervices that have be¢n aqulred Ill thts Ordinary course of
business from Suppliers. Accouuts payable arc classified as ¢urr¢nt liobiIiti¢s if the Ch￿lty do¢s not have on
unoolldi(ional right, at the end of the reporting p¢rio4 tD defer settlellLent of the cieditor for At Least twelve
[l￿nthS after the reporting date. If there is an unconditional iigbt to defer settlement for at loast twelve months
after tho repottin8 date. they are pre8entsd as non-culrent IlabiIitio5.
Trade cr¢ditorB are recognlsed thlllally al the transaction price and subB4uently Meas￿ at amortlsed cost
using the effective intsre8t mctho
Borrowlngg
Intere8t-b¢arAng borrowillgs arc iDltially recorded at fair value, net of tr&nsaction costs. Interest-bearing
borrowings ar¢ subsequently ¢￿Ti¢d at 8mortised cos( with the difference betwc¢D thc proceeds, net of
transaotion co8ts and the amount due on redemption b¢ing re¢ogDised as a cbarge to the Statement of Financial
A¢tivitios ov¢r tr period of tbe relevantbornwins.
Tnttsrest oxpense is r¢cop)i8¢d on tho basi8 Of the effective Intsrest ttwthod and 1$ included In Interc5t payable
and simllar eharges.
Borrowing8 are ¢1888ifi¢d as CUTr¢nt liabilities unless the charity has an un¢ondltlonRI right to defer settl¢m¢nt of
th¢ liability for at le8St twelve months after the reporting date.
Fund struetllre
Unrestricted income funds are g¢netal fi)ndg that ate avaiL8bl¢ foruse at the tllth¢5' discretiott in fitherance of
th¢ objectives of the charity.
Rwtrict¢d illcomo fimds are those donated for v8¢ in a particular are& or for specific putposes, th¢ we of whith
is restrictsd to that area or purpo
Page l6

The Sanctuary Trust LiD]ited
Notes to the Financjal Statements for the Year Ended 31 March 2024
Penslons and other post redrement obllgatlons
The charity operates a defined contribution pension scheme which is a pension plan under which fixed
contributions are paid into a pension fund and the charity has no legal or constrnctive obligation to pay further
contributions even if the fLULd does not hold sufficient assets to pay all ¢mploy¢es the benefits relating to
cmployee service in the current and prior puiods.
Contributions to defmed contributioll plans arerecogoised in the Statement of Financial Activities whell they are
due. If contribution payments exceed the contribution due for service, the excess is iecognised as a prepayment.
3 Judgements and key sources of estimation uncertgfnty
Judgements
In the application of the charity's accounting policies, the ln￿teeS are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily appArent from other
sources. Th¢ ¢stimates and associated assumptions ar¢ bas¢d on historical experience and otber factors that are
considered to be relevant. Actual r¢sults may differ from the8e estimates.
The estimatss and underlying assurnptions are reviewed on an ongoing basis. Revlsions to accounting estimates
are recognised in the period in which thc estimate AS ievised where the revision affects only that period, or in tb6
period of the revlsion and futh periods where the revision affects botb periods.
Key sources ofestimadon uncertalnty
The estimates and assumptions whicb havc a significant risk of causing a material adjustment to the carrying
amount of assets and liabilities are as follows.
Depreclation
The depreciation expense is tbe recognition of the dccline in the value of the asset and allocation of the cost of
the asset over the petiods in which the asset will be used. Judgements are made as to the estimated useftjl lifo of
the assets. these are regularly reviewed to reflect the chan8ing environment.
Deferred and Accrued Income
Deferred and accrued income is based on the assumption that the amounts received or to be received are
recognised in the period in which the work was done. Any amounts estimated are based on past experiences and
amounts received after the year end. Thcsc judgemerlts are regularly reviewed to reflect the changing
environment.
Page 17

The Sancthary T￿￿t Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
4 Income from donadons
Unrestrlcted
funds
Totsl
6 Aprll 2022
to 31 March
2023
Total
31 March
2024
Restrlcted
funds
General
Donations from insti￿￿onS
Donations from individuals
Gift aid reclaimed
2,843
2.058
4,052
10.628
28.452
13,471
30,510
11.783
42,160
20,179
8,953
39,080
S Income from chArltable Acdvllle$
Unre$trlcted
funds
Total
6 Aprll 2022
to 31 March
2023
TotAI
31 March
2024
Restrlcted
funds
General
Housing bcncfits
Service contracts
Rcnt received
Welsh Assembly contribution
Grants received
903,052
716,984
53,841
162,346
903,052
716,984
53,841
162,346
723,811
570.155
53,621
164,619
83,845
1836 223
60,052
1896 275
1596 051
Grants received. included in the abov< are as follows:
Real clwige
Action To8ether
Albert Gubay Foundation
Conwy food bank
Others
808
11,452
25,600
45,485
500
5.758
17,963
36,33 I
5.758
17,963
36,331
60,052
60,052
83,845
Pag¢ 18

The Sanctuary Trust Limited
Notes to the Financial Ststements for the Year Ended 31 March 2024
6 Income from other tradfing atdvltles
Unrestrleted
Total
6 April 2022
to 31 Mareh
2023
Total
31 MArcb
2024
Gell¢rAI
Charity shop sAles
53J92
53,392
53.392
61.616
7 1nvestnwit ID¢ome
UDrestrlcted
funds
Total
6 Ap￿ 2022
to 31 March
2023
Total
31 Marcb
2024
General
Interest TeceivAbl¢ and similar Incom¢;
Inierest re¢elvable oll baDk dcposits
2.715
646
2.715
8 Expoudlturo on ralslng funds
a) CoJt$ oftr2dlng acdvltlts
Unrestrlcted
funds
Total
31 Mar¢h
2024
6Aprll 2022
to 31 March
2023
Re5tr1eted
funds
General
ChArity SILOP fuDning costs
636
69,326
63.813
68,690
636
In¢luded ir the above aro the salary costs apportion¢d to rurjning the shop* £40.026 (2022: £38.390)
Pag¢ 19

The Sanctuary Trnst Linjited
Notes to the Elnaneial Statements for the Year Ended 31 Mar¢h 2024
9 Expenojture on charltsble actlvilles
UDrestrleted
funds
Tota]
6 April 2022
to 31 March
2023
Totsl
31 March
2024
Re5trkted
nds
General
Note
Costs oll delivering
clwitable service
DepTeciRtlon cost
Governance costs
Staff ¢osts
474297
16,575
22,428
1322,687
62,095
4,323
2,499
39,801
536,392
20,898
24,927
1,362,488
1944 705
470,161
26,859
27.987
1.374 312
1899 319
io
1835,987
108 718
10 An8]y8ts of governance and support C•8ts
GovernRn¢e costs
Unrestrlcted
funds
Totsl
6 Aprll 2022
to 31 March
2023
Totsl
31 Mareh
2024
Restrjcted
nds
General
AThqit fees
Audit ofthe fin8n¢ial ststement8
L¢gal fees
4.865
17.563
1,135
6.000
6,420
21,567
11 Net In¢oDthgloNtgolDg resonr¢¢8
N¢t outgoing resour¢¢s for the year includc:
31 MArth
2024
31 Mareh
2023
Audit fees
Loss on disp08al of fixed assets hold for the c]witys own
Depreciation of fixed assets
6.000
6,420
4,158
22,701
Page 20

The S2ncts2ry Trust LiDJited
Iyotes to the Financlal Ststements for the Year ￿llded 31 March 2024
12 Staff tosts
The awcgat¢ payroll costs w¢re as followB:
31 March
21n4
31 March
2023
Staff Costs dllrJDg the y¢arivor¢:
Wages and Salaries
Sociol 8e¢urlty cost8
Penslon costs
Other staff costs
1,268,576
93,189
29,864
10,885
1402 514
1265,642
92,927
30,289
23,84
1412 702
The Jnonthly average number of persons (Including sonior management tsam) ¢n)ployed by th¢ clwity during
the yeAf LW)ressed as till￿ equivAl¢nts WRS as follows:
31 Mar¢h
2024
No
31 March
2023
DI￿¢t cbarity work
Adminxstiative
54
55
58
59
No employee rec¢iv¢d ￿nOluMentS of more than £60,000 durillg th¢ year.
The totsl ¢mployee benefits of the key llthnftgement peF8onn¢l of tbe cbarity were £109,303 (2023- £141,023).
13 Audltors, remunerldon
6 Aprll 2022
to 31 MAreh
2023
Year ended 31
March 2024
Audit ofthe fllwi¢ial statements
6.420
P2ge21

The Sanctuary Trust Limited
Notss to the Financial Statements for the Year Ended 31 March 2024
14 Taxatton
The charity is 8 Ir8iSt¢red Charity and 18 therefore exempt fromtsxation on its exempt a¢tivities.
15 Tangible fix¢d ass¢tB
Plan6
macbiti¢ry
computer
equlpment
LaDd and
buildlDgs
Motor
vehicles
Totsl
Cost
At l April 2023
Additions
437,068
91,415
852
4,00
1,500
532,483
At 31 MaKh 2024
437 068
92267
DepreclAtton
At l April 2023
Chorge for the year
202,949
11,705
65,730
8,597
2,866
596
271.545
20,898
At 31 Mar¢h 2024
214,654
74.327
3.462
292.443
Net book value
At 31 MBrch 2024
17.940
2.038
242 392
At 31 M￿Ch 2023
234 119
25,6B5
260 938
Included withtn the net book value of18nd and buildiDgs above 15 £165,876 (2023 - £174.605) in respect of
freehold land and buildin88 and £56.537 (2023- £59513) in respect of Icgscholdg.
16 Debtors
31 March
2024
31 Mor¢h
2023
Trade debtors
Prepayments
Accrned income
Other debtor
18,303
26,897
50.077
4.761
100.038
33.318
30,342
19,649
28,410
111.719
Pag¢ 22

The Sanctuary Th￿* Limited
otes to the Financial Statements for the Year Ended 31 March 2024
17 Credltors
31 Marcb
2024
31 Mareh
2023
Trade creditois
Other taxation and soci81 seourity
Other creditors
A¢¢n￿lS
39,278
21.065
12,160
29,008
19,223
18,387
29.716
121.623
18 ObllEAtlon8 unaer leases and hlre pur¢bJ$e Contracts
Operathig loase ¢ommltments
Total fiture minlmum lease payments undcrnonvcancellabl¢ operating leases are as follows:
31 Mar¢h
2024
31 March
2023
Land and bulldtrAg8
Within one year
Bctwecll one and five years
103,748
257.293
IOOh87
315 667
361041
416,154
19 Penslon alld othor sehemes
Deflned eontrlbudoll pensfion $¢hem¢
The charity operntes a defined eontnThution pejsiou sth¢me. The pension cost ¢bar8e for the year tepresents
Contributions payableby tk¢ ¢h8rity to the s¢h¢m¢ and amounted to £29.863 (2023 -£30,289).
Page 23

The Sanctuary Trust Limited
Note5 to the Financlal Statements for the Year Ended 31 March 2024
20 Funds
Balance at
31 March
2024
812D¢e at I Incon￿ll￿
April 2023
r￿OUr¢e$
Resources
¢xpend¢d
Transfer8
Unrestrlded funds
General fimd
Fixed Asset fimd
92,248
191.131
J,901,283
(1,888,102)
16,575
1,904.677)
(2J52)
103.077
52 176.908
283.379
E 901283
279,985
Restricted fulld5
Purchose and ilzwvement
Tweedale Street
Albert Gubay Foundation srant
Conwy ft*od bank
A¢lion Together
65,861
6,176
37.010
9.625
118672
(3,293)
(21,715)
(83,190)
62,568
2,424
29231
14
17,963
75,411
99.132
109,354
108,450
Total tsnds
2 000 415
2 014,031
388 435
Page 24

The Sanctuary Trust Limited
otes to the Financlal Statements for the Year Ended 31 March 2024
Balance at
31 MAr¢h
2023
Balanee at 6 Invthg
Aprjl 2022
resouree8
Resour¢es
t￿ella¢d
Transfers
Unrtstrlcted funds
Gen¢raI fi￿dS
Fixed asset fJ]nd
So6￿67
1,603,575
(1.837,178)
(180,716)
191.131
91248
191.131
5Q6.567
1603J75
1.837 178
10,415
283 379
Restricted funds
Pur¢base aud improvemenl
Tweedale Street
Albert Gubay Foundation ￿alll
Lloyds Bank Foundation 8raDt
NHS srant
D M Thomas Foundation grant
Lloyds Bank Fou]Mlation 8rdnt
coD￿Th￿ty Fund 8rant
Conwy food bank
Workers Educational
Assoclation
A¢tion Together
69327
3.375
883
779
1.442
1,868
4,881
43,064
(3.466)
(22,799)
65.861
6,176
25.600
(883)
(779)
(1,442)
(1,868)
(4.881)
91,808
(97,862)
37.010
562
(562)
11.452
9.625
126 181
125.954
10.415
118 672
TotsI funds
1963 132
402,051
21 Anatysls of net afjsets bettveell funds
Unresfrlet¢d
funds
Re$trl¢ted
fund5
Total full
at 2024
Tangibk fLYed assets
Curcnt assets
vrent liabi]ilics
176,908
224,700
121623
65,484
42.966
242,392
267.666
Totalnet assets
279,985
108,450
388.435
Unre5tri¢ted
funds
Restricted
funds
Totsl funds
at 2023
Tall￿ThIe fixed assets
Current assets
Cuntnt liabilities
190,462
171.287
8,371
70,475
66,161
(17.963
260,937
237.448
Total net 8ss¢ts
283 378
118.673
402,051
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