Registered number: 02622384
charity number: 1023032
St Matthias Conservation Trust Limited
(A company limited by guarantee)
Unaudited
Trustees. report and financial statements
For the year ended 31 March 2024

St Matthlas Conservation Trust Llmited
(A company limited by guarantee)
Contents
Page
Refe￿nce and admlnlstrative detalls of th8 charlty, its Trustees and advisers
Trustees. report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
8-17

St Matthlas Conservatlon Trust Llmited
(A company Ilmited by guarantee)
Reference and administrative details of the charity, its Trustees and advisers
For the year ended 31 March 2024
Trustees
Joe Akita, Director only, not a Trustee1
Sr. Christine Frost. Chair1
Barbara Ashcroft. Trustee1
Peter Ellis, Trustee
Emma Catherine Warden, Trustee
Tamsin Bookey, Trustee
Director
Company registered
number
02622384
Charity registered
number
1023032
Registered offlce
St Matthias Old Church
113 Poplar High Street
Poplar
London
E14 OAE
Chief executive officer
Nizam Uddin
Accountsnts
Kreston Reeves LLP
Chartered Accountants
9 Donnington Park
85 Birdham Road
Chichester
West Sussex
P020 7AJ
Bankers
Lloyds Bank
39 Piccadilly
London
WIV OAA
Page 1

St Matthlas Conservatlon Trust Limited
(A company Ilmited by guarantee)
Trustees. report
For the year ended 31 March 2024
The Trustees present their annual report together with the financial statements of the charity for the 1 April 2023
to 31 March 2024. The Annual report serves the purposes of both a Trustees, report and a directors. report under
company law. The Trustees confirm thal the Annual report and financial statements of the charttable company
comply with the current statutory requirements, the requirements of the Gharitable companys governing
document and the provisions of the Statement of Recommended Practi￿ (SORP) applicable to Gharities
preparing their accounts in aGcordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS102) (effective 1 January 2019).
Since the charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required
of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report)
Regulations 2013 has been omitted.
Obj8Ctives and activities
a. Policies and objectives
n setting objectives and planning for activities. the Trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit. including the guidance 'Public benefit.. running a
charity (PB2)'.
b. Strategies for achieving objectives
The objects for which the Trust is established are as follows..
To preserve for the benefit of the residents of the London Borough of Tower Hamlets and for the nation.
the former church of St Matthias, Poplar, situated in the said borough as a building of exceptional
architectural and historic value.
To make it available to the residents of the London Borough of Tower Hamlets and to others, the former
church of St Matthias and its facilities for the purposes of social welfare, and for recreational and cultural
activities, with the overriding objects of enhancing the quality of the life in the area.
The objective can be broken down into three areas of work..
Preservation of building as of exceptional architectural and historic importance
The advancement of education
Provision of r8creational and leisure facilities
To raise funds by subscriptions, donations, grants. loans. or otherwise for the purpose of the trust.. to invite and
accept gifts of all sorts and whether inter vivos or by will and whether or not subject to condition-. to carry out any
condition imposed on any gift which may be a￿pted.
c. Volunteers
Thanks to a devoted number of volunteers, our grounds and building have been w811 taken care of in the coursa
of the year.
Canary Wharf have funded the grass cutting throughout the year which has saved us a substantial amount of
money.
Page 2

St Matthlas Conservatlon Trust Llmlted
(A company limited by guarantee)
Trustees. report (continued)
For the year ended 31 March 2024
Achievements and perfomance
a. Maln achievements of the charity
This year has been a very busy one with all the Projects using the Community Centre working well together. A
very varied programme of activities takes place each week. These attract a great cross section of our local. very
diverse Community. One of the Projects which makes great use of our facilities celebrated its 55th Anniversary.
This Project has regular activities focused on Elders and is also responsible for our Dinner Delivery project. The
Nursery is thriving with a very inclusive clientele and staff. This offers a very valuable support to struggling
pa￿nts. The Cost of Living crisis has hit this area of Tower Hamlets badly, one does not expect to see a Food
Bank in the shadow of Canary Wharfl The St. Matthias Food Bank serves many local families and is "a life
saverf, as one resident described itl This year again we continued to work with several Companies and hope to
be able to assist in getting local young people into Training or Employment. This would be one of the Centre's
important contribution to the wellbeing and achievements of this part of Poplar and the Isle of Dogs.
b. Fundraising actlvltles and income generation
The income and fund raising is mostly generated through the usage of the buildings i.e. fun days, cultural events,
hall hire.
c. Investment pollcy and performance
The trustees have considered the most appropriate policy for investing surplus funds and have found that bank
deposit accounts provide the appropriate combination of security, accessibility and income growth.
Flnancial review
. Going concern
The Trustees assess whether the use of going concern is appropriate i.e. whether there are any material
uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to
continue as a going conGem. The Trustees make this assessment in respect of a period of at least one year
from the date of authorisation for issue of the financial statements and have concluded that the Charity has
adequate resources to continue in operational existence for tha foreseeable future and thgre are no material
uncertainties about the Charitys ability to continue as a going concern. thus they continue to adopt the going
concern basis of accounting in preparing the financial statements.
b. Reserves pollcy
The current level of funding is adequate to support the continuation of the charity in the medium term. The
trustees wish to establish a policy whereby funds are available to provide long-temi maintenance to the building
and allow its Continued use for the benefit of the local community-
c. Prlncipal fundlng
The main funding comes from the hirtng of the buildlng and small community grants.
Page 3

St Matthias Conservation Trust Llmlted
{A company limlted by guarantee)
Trustees. report (continued)
For the year ended 31 March 2024
Structure, govemance and management
a. Constitution
St Matthias Conservation Trust Limited is registered as a charitsble company limited by guarantee and was set
up by a Memorandum of Association on 24 July 1992, and has a registered charity number 1023032.
b. Methods of appointment or election of Trustees
Some Directors of the charity are also Trustees of the charity. The Trustees have powers to appoint additional
Tnjstees as they consider it fit to do so. Those trustees who served during the year and up to the date of this
report are set out on Page 1. Training requirements of new Trustees Is Garried out by the existing Trustees.
The day to day running of the charity is carried out by Nizam Uddin.
c. Organisational structure and declsion-making policies
The centre manager will deal with all the day matters involved in the running of the charity. All high level
decisions will be mad8 by the board of Trustees at the Trustees meeting.
d. Policies adopted for the induction and training of Trustees
A training programme will be developed to ensura that any newly appointed trustee will receive training on all
matters necessary to enable them to perform their duties effectively. This will be tailored to their specific needs
but, unless the appointee is already sufficiently experienced, should cover as a minimum.. governanGe and
management- equal opportunities., a thorough introduction to the history and current activities of the organisation;
sufficient explanation of the charitys financial accounts and reporting procedures to enable them to exercise
effeGtive fiscal oversight,. explanation of all charity policies including that relating to trustee expenses and how
they can be claimed. If the new trustee is to take on any specific duties, training needs in relation to these should
also be assessed. It is acknowledged that trustees have a wide range of other commitments and every effort will
be made to make this training accessible to the individual by arranging tt to be conducted at times convenient to
them.
Plans for future perlod3
The principal activity of the company during the next year will be to continue with the long-term preservation of
St. Matthias Church.
Approved by order of the members of the board of Trustees on and signed on their behalf by:
5( bi
Sr. Christine Frost
(Chair of Trustees)
01, 2D29-
Page 4

St Matthias Conservation Trust Limited
(A company Ilmited by guarantee)
Independent examiner's report
For the year ended 31 March 2024
Independent examinor's report to the Trusteos of St Matthias Conservation Trust Limited ('the
charity,)
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 March
2024.
Responsibillties and basls of report
As the Trustees of the charity (and its directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied mysolf that the accounts of the charity are not required to be audited under Part 16 of the 2006
Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts
carried out under section 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out my examination I have
followed the Directions given by the Charity Commission under section 145{5)Ib) of the 2011 Act
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe-.
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or
the accounts do not accord with thos8 records,. or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of
an independent examination., or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
ReGommended Practice for aGcounting and reporting by charities applicable to charities preparing their
accounts in accordanGe with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this r¢port in order to anable a proper understanding of the accounts to be reached.
This report is made solely to the chartvs Trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charily's
Trustees those matters l am required to state to them in an Independent examiner's report and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the
charity and the charity's Trustees as a body. for my work or for this report.
Signed..
Dated.. 31 January 2025
Lucy Hammond
Bsc FCA
Kreston Reeves LLP
Chartered Accountants
g Donnington Park
85 Birdham Road
Chichester
West Sussex
P020 7AJ
Page 5

St Matthlas Conservation Trust Llmlted
(A company Ilmited by guarantee)
Statement of flnancial activitles (Incorporating Income and expenditure account) {continued)
For the year ended 31 March 2024
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Note
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
ftinds
2023
Note
Income from:
Donations and legacies
Charitsble activities
10,000
24,103
23,566
34,103
23,566
98,674
23,160
Total income
10,000
47,669
57,669
121,834
Expenditure on:
Charitable activities
5.748
75,940
81,688
74,953
Total expendlture
5,748
75,940
81,688
74,953
Net movement in funds
4,252
(28.271)
(24.019)
46,881
Reconciliation of funds:
Total funds brought foNard
Net movement in funds
562,682
4,252
113,925
(28,271)
676,607
(24,019)
629. 726
46,881
Total funds carried forward
566,934
85,654
652,588
676, 607
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 8 to 17 fomi part of these financial statements.
Page 6

St Matthias Conservatlon Trust Limited
(A company limited by guarantee)
Reglstered number: 02622384
Balance sheet
As at 31 March 2024
2024
2023
Note
Flxed assets
Tangible assets
573,297
558,618
573.297
558,618
Current assets
Debtors
Cash at bank and in hand
4,559
112,287
23,239
119,331
116,846
142,570
Creditors- amounts falling due within one
year
10
(13,466)
(6,887)
Net current assets
103,380
135,683
Total assets less current Ilabilities
676,677
694,301
Creditors- amounts falling due after more
than one year
(24,089)
(17, 694)
Total net assets
652,588
676,607
Charity funds
Restricted funds
Unrestricted funds
12
566,934
85,654
562,682
113,925
12
Total funds
652,588
676,607
The charity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtaln an audit for the year in questlon In acwrdance wlth
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Sr. Christine Frost
{Chair of Trustees)
Date..
3D i OJ, 201¢
The notes on pages 8 to 17 form part of these financial statements.
Page 7

St Matthlas Conservation Trust Limited
(A company limited by guarantee)
Notes to the financial statements
For the year ended 31 March 2024
General informatlon
The charity is a company limited by guarantee and incorporated in the United Kingdom. The principal
activity is the long-term preservation of St Matthias Church, a grade 1 listed building of exceptional
architectural and historical interest. The charitls registered office is disclosed on page 1 of these financial
statements.
The members of the charity are the trustees named on page 1. In the event of the charity being wound up,
the liability in respect of the guarantee is limited to £1 per member of the charity.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in aGcordance with the Charities SORP (FRS 102)
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordanGe with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 1021 (effeGtive 1 January 2019}, the Financial Reporting Standard
applicable in th8 UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
St Matthias Conservation Trust Limited me8ts the definition of a public benefit entity under FRS 102.
Assets and liabilitias are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounting policy.
2.2 Income
All income is recognised once the charity has entitlement to the income. it is probable that the income
will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of
income received for specific purposes but not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its
recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before inGome is received, the income is accrued.
Donated professional services are recognised on receipt. They are recognised on the basis of the
value of the gift to the charity which 15 the amount the charity would have been willing to pay to obtain
services or facilities of equivalent economic benefit on the open market. A corresponding amount is
then recognised in expenditure in the p@riod of receipt.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned bel￿een those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitabl8 activities is incurred on directly undertaking the activities which further the
charity's objectives. as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 8

St Matthlas ConseNation Trust Limited
(A company Ilmlted by guarantee)
Notes to the flnancial statements
For the year ended 31 March 2024
Accounting policies (continued)
2.4 Tangible fixed assets and depreciation
Tangible fixed assets are capitalised and recognised when future economic benefits are probable
and the cost or value of the asset can be measured reliably.
Tangible fix&d assets are initially r8cognised at cost. After recognition, und8r the cost model, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives,
Depreciation is provided on the following basis..
Long-term leasehold property
Fixtures and fittings
Office equipment
over 125 years
250/0 Straight line
250/0 Straight line
2.5 Debtors
Trade and other debtors are recognis6d at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.6 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.7 Llabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the
amount it has received as advanced payments for the goods or services it must provide.
Provisions are m&asured at the best estimate of the amounts required to settle the obligation. Where
the effect of the tim8 value of money is material, the provision is based on the present value of those
amounts. discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.8 Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
Page 9

St Matthlas Conservation Trust Limlted
(A company limited by guarantee)
Notes to the financial statements
For the year ended 31 March 2024
Accounting pollcies (continued)
2.9 Finance leases and hire purchaso
Assets obtained under hire purchase contracts and finance leases are Gapitalised as tangible fixed
assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their
useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases
are those where substantially all of the benefits and risks of ownership are assumed by the charity-
Obligations under such agreements are included in creditors, net of the finance charge allocated to
future periods. The finance element of the rental payment is charged to the Statement of financial
activities so as to produce a constant periodic rate of charge on the net obligation outstanding in each
period.
2.10 Fund accounting
General funds are unrestricted funds whiGh are available for use at the discretion of the Trustees in
furtherance of the general objectives of the charity and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the charity for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
2.11 Going Concern
The Trustees assess whether the use of going Goncern is appropriate i.e. whether there are any
material uncertainties related to events or conditions that may cast significant doubt on the ability of
the Charity to continue as a going concern. The Trustees make this assessment in respect of a
period of at least one year from the date of authorisation for issue of the financial statements and
have concluded thal the Charity has adequate resources to continue in operational existence for the
foreseeable future and there are no material uncertainties about the Charity's ability to continue as a
going concern, thus they continue to adopt the going concern basis of accounting in preparing the
financial statements.
Income from donations and legacies
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Donations
Grants
Other income
4,103
3,000
17,000
4,103
13,000
17,000
56,674
25,000
17,000
10,000
10.000
24.103
34.103
98,674
Total 2023
25,000
73,674
98,674
Page 10

st Matthias Conservation Trust Llmited
(A company limited by guarantee)
Notes to the flnancial statements
For the year ended 31 March 2024
Income from charitable activities
Unrestrlcted
fund5
2024
Total
funds
2024
Total
funds
2023
Hire of Hall
23.566
23,566
23,160
Total 2023
23.160
23,160
Analysls of expenditure by activitles
Activities
undertaken
directly
2024
Support
osts
2024
Total
funds
2024
Total
funds
2023
Restricted funds
Unrestricted funds
5,748
70,339
5,748
75.940
5, 748
69,205
5,601
Total 2024
76,087
5,601
81,688
74,953
Tot212023
73,110
1,843
74,953
Page11

St Matthlas Conservation Trust Limited
(A company Ilmited by guarantee)
Notes to the financial statements
For the year ended 31 March 2024
Analysls of expendlture by actlvities (contlnued)
Analysls of dlrect costs
Restrl¢ted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Depreciation
Water
Light & heat
Equipment
Repair5 & maintenance
Bank charges
Hall expenses
Sundry
Rates
5.135
1,359
16,703
2,172
6,058
82
10,597
5,135
1.359
16,703
2,172
6,058
82
10,597
2,188
672
11,961
2,717
4,233
128
5, 776
85
2,077
1,959
1,406
945
296
147
2,077
1,959
1.406
Cleaning
Printing, postsg8 & stationery
Telephone
Subscriptions
Depreciation - leasehold
Donated seNices- Wages & salaries
VAT- write off of historic balance
Travel
4,439
1,896
3, 103
296
5,895
17,000
5,748
5, 895
77,000
9,923
3,094
17,000
4,403
4,403
Total 2024
5,748
70,339
76,087
73,110
Total 2023
5, 748
67,362
73.110
Analysis of Support Costs
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Governance costs
Interest
5,100
501
5,100
501
1,050
793
5,601
5,601
1,843
Total 2023
1,843
1,843
Page 12

St Matthias Conservation Trust Llmlted
(A company Ilmlted by guarantee)
Notes to the flnanclal statements
For the year ended 31 March 2024
Independent examlnerfs remuneration
2024
2023
Fees payable to the Gharity's independent examiner for the independent
examination of the charitys annual accounts
4,500
1,050
Trustees, remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).
During the year ended 31 March 2024, no Trustee expenses have been incurred (2023- £NILJ.
Tangible flxed assets
Long-temi
leasehold Ftxtures and
property
fittings
Office
equipment
Total
Cost or valuation
At 1 April 2023
Additions
711,763
20,977
10,977
22,191
14,732
754,931
25,709
At 31 March 2024
711,763
31,954
36,923
780,640
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
156.144
5,694
20,376
2,446
19,793
2,890
196,313
11.030
161,838
22,822
22,683
207,343
Net book valu8
At 31 March 2024
549,925
9.132
14,240
573,297
At 31 March 2023
555,619
601
2,398
558,618
Debtors
2024
2023
Due within one year
other debtors
4,559
23,239
4,559
23,239
Page 13

St Matthlas Conservation Trust Limited
(A company limited by guarantee)
Notes to the financial ststements
For the year ended 31 March 2024
10. Creditors: Amounts falllng due wlthin one year
2024
2023
Bank loans
Obligations under finance lease and hire purchase contracts
Accruals and deferred income
2,911
4,855
5,700
2, 839
2,398
1,650
13,466
6,887
11.
Creditors: Amounts falling due after more than one year
2024
2023
Bank loans
Net obligations under finance lease and hire purchase contracts
14,158
9,931
17,068
626
24,089
17,694
Page 14

St Matthias Conservatlon Trust Llmlted
{A company limited by guarantee)
Notes to the flnancial statements
For the year ended 31 March 2024
12.
Statement of funds
Statement of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Income Expenditure
Unrestricted funds
General Funds
113.925
47,669
(75,940)
85,654
Restricted funds
1991 Restoration Fund
East End Community Foundation
Hunger Project
Community Garden
517.926
9,840
10,000
24,916
(5,584)
(80)
512,342
19,760
10,000
24,832
10.000
{84}
562,682
10,000
{5,748)
566,934
Total of funds
676,607
57,669
(81,688}
652,588
Page 15

St Matthias Conservatlon Trust Limited
(A company Ilmited by guarantee)
Notes to the financial statements
For the year ended 31 March 2024
12. Ststement of funds (contlnued)
Statement of funds - prior year
Balance at
31 March
2023
Balance at
l Apnl 2022
Income Expenditure
Unrestricted funds
General Funds
86,296
96,834
(69,205)
113,925
Restrl¢ted funds
1991 Restoration Fund
East End Community Foundation
Hunger ProjeGt
Community Garden
523,510
9,920
10.000
(5, 584)
(80)
517,926
9,840
70,000
24,916
25, 000
(84)
543,430
25,000
(5. 748)
562, 682
Total of funds
629, 726
121.834
(74,953)
676,607
13. Analysis of net assets between funds
Analysis of net assets between funds - current period
Restricted Unrestricted
fund¥
fund?
Total
funds
2024
2024
2024
Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
562,375
4,559
10,922
112.287
(13,466)
(24,089)
573,297
116,846
(13,466)
(24,089)
Total
566,934
85.654
652,588
Page 16

St Matthlas Conservatlon Trust Limited
(A Company Ilmlted by guarantee)
Notes to the financial statements
For the year ended 31 March 2024
13. Analysis of net assets between funds (contlnued)
Anatysis of net assets between funds - prior period
RestrTGted Unrestricted
funds
fvnds
2023
2023
Total
funds
2023
Tangible fixed assets
Current ass8ts
Creditors due within one year
Creditors due in more than one year
538,993
23,689
19,625
118,881
(6,887)
(17, 694)
558,618
142,570
(6, 887)
(17, 694)
Total
562,682
113,925
676, 607
14.
Related party transactions
There were no related party transactions during the year.
15. Controlllng party
The Charily is controlled by the Trustees.
Page 17