Charlty nuffl￿r: 1046613
THE HOLT COMMUNITh CENTRE
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

THE HOLT COMMUNrrY CENTRE
CONTENTS
Page
Reference and admlnlslrativa details of the Charlty, Its Trustees and advisers
Tru8téas' rèport
Independent examlnefs report
SLitement of financlal actlvlties
Balance sheet
Notes to the flnanclal ststements
8-17

THE HOLT COMMUNrrY CENTRE
REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARITY. rrs TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trusto08
Lady Anwen Hurt (resign8J 2 August 2024)
June Clarke
Sarah Ellis (appointed 25 June 2024)
Nigel Hadlow (resigned 20 February 2024)
Alison Jenkison (appointed 8 April 2025)
James Ramshaw lappoinled 6 August 2024)
Siobhan Rayner {appointed 25 June 2024)
Simon Walters (appointed 2 December 2024)
Daniel Tutt
Charity registered
number
1046613
Principal offic•
Kerridge Way
Holl
Ncrfdk
NR25 60N
AGEountants
Ldtking GThEn LLP
charter￿ Accountants
Summerhill Hwse
1 Sculthorpe Road
Fakenham
NR219HA
Page 1

THE HOLT COMMUNTfY CENTRE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their annual ￿[￿rt together V•ilh Ihe financial statements of the Charity for the 1 January
2024 to 31 De￿mber 2024.
Objectives and activities
a. Pollcies and objectives
The principal objects of the Charity are to control and manage a Community Centre for the benefil of th8
inhabitants of Hdt and the neighbouring areas. This is achieved by providing facilities for local individuals and
organisations on a regular or ad4K)c basis.
In setting objectives and planning f(x activities. the Trustees have given due con￿deration to general guidance
publish￿ by the Charity Commisson rdating to public benefit. induding the guidance 'Public benefit: running
charity (PB2)'.
hlovoments and perforniance
a. Main achievements of the Charty
Next year being the 50th anniversary year of the Centre. our main focus t¢￿ardS the latter eThl of the year is to
organis8 several events to celebrate. The events Voill be mainly th8m8d around our inaugural year and we
dev81oped them wth a 1975 Iheme. We looked lo present different evènts indusive of all ag8 groups using the
Centre then and now particularly the generation Nthich around during that period.
We have ￿nScIenti0u￿Y looked at ways can be rn(￿e indu&ve t¢Jgether ￿1th positive approaches to find
new revenue sources which will beneficial to the t0vmspeo￿È of Holt.
We Itjok fowdrd to welcoming the Post Office inspired Banking Hub for the bvhich hope 54111 provide
much￿eeded service a￿1 hdp to stsbilise our finances
Regular groups such as memory svrdp, Wl. Rotary and others all C￿￿'n￿e to prosper. We continue to support
the Community Café thich runs on a Thursday and have been developing the Cozy Café vthich runs Monday,
Wednesday and Friday. catering for th8 general public. This offers a safe Spa￿ for order mor8 vulnerable
memb8rs of our f£ciety and is proving to be an intergenerational mixing pot. We have begun hosting bands on
a much more regular bass and are Ic(l￿ng to vary the type of musc and entertainment provided. in order
engage a wder audience. Karaoke arKJ disco continue to be popular amongsl the younger generation. We are
c¢￿tInuallY monitoring the building integrity in c*der to keep abreast of repairs and improvements, actively
Seeking out grants vthere tK)ssible to ￿1p.
b. Investment policy and performance
The charity invests its funds in Ca￿ and liquid r￿urCes.
Page 2

THE HOLT COMMUNITY CENTRE
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Flnanclal revlew
a. Golng corKern
After making apFryriate enquiries. the Trustees have a rea8￿nable expectation that the Charity has adequate
resources lo conllnue In operallonal eXI￿enCe for Ihe foreseeable future. For this reason, they continu8 10
ath)pt the g￿ng concem basis in preparing the financial statements.
b. Reserves policy
The Trustees are C(￿tinUallY looking at thè major risks facing the charity and take all necessary steps to
mitigate these vtherever nece￿ry. Their intention is to seek to create financial reserves suffiGient to fund three
months of operating and running costs of the c￿Munity Centre.
At the year end 31.12.2024. the charity held total funds of of £220.469 (2023: £220.783).
Free reserves *hich ccffiprise unrestricted funds not reFf6S8nt8d by fixed assets were £19.257 12023:
£13.163).
At the year the endowment fund balanc8 was £155.000. unchanged from 2023. The endowm8nt fund
comprises of the acquistion of the larKI and subsequent construction of the Community Centre that Wds
financed by the fomier Lrxal AUth￿lty and other charitable donors. In 1996 the propety was revalued at an
o￿n market value of £155.000. In the interest of clarity. th8 value of the building in 1996 is deemed to
represent the amounts endo%4Ed by the various benefactors
The restricted funds at the year end £641 (2023: £507). The rethcted funds ccrfmprise of the 1940's and
flooring funds vknich are to be us8d in accordan￿ viith the specific restrictions imposed by donors, or which
have been raised by the charity for parti￿lar purposes. The costs of rai￿ng and administwing such funds are
charged againsi the specific fund.
structur￿ governance and managomant
a. Constitution
The Holt Community Centre is a regist8red charity. nwnber 1046613. and is constituted urMJ8r a Trust d88d.
b. Methods of appointment or electlon of Trusteos
The management of the Charity is the responsibility of the Trustees are 8l&téd arKI ccpopted under the
tems of Ihe Trust deed.
Page 3

THE HOLT COMMUNrrY CENTRE
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
SLitement of Trustees. responslbllltles
The Trustees are responsible for preparing the Trustees. report and the financial statements in accordance wth
applicable law and United lQngdom Accounts'ng Standards (United Ktngdom Generally AC￿pted Accounting
Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for
each financial ￿lch give a true and fair view of the state of affairs of the Charity and of its incoming resour￿$
and application of resources, induding its irKome and expeThJiture, for that periLxI. In preparing these financial
statements. the Trustees are rewired to:
S818Ct suitable accounting policies and then apply them consstently.,
observe the methods and principles of the Charities SORP {FRS 102).
make judgments and accounts'ng estimates that are reaxinable and prudent
state ￿ether applicable UK Accounting Standar(Is {FRS 102) have been followed, subject to any
material departures disclosed and explained in the financial statements;
prepare the financial slalements on the gcrfng COn￿M bass unless it is inappropriate to prewme that the
Charity will continue in bU￿ne$S.
The Trustees arè responsible for keeping adequate acc¢JJnting records that are SLrfficienl lo show and oxplAin
the Charity's transaclions and disdose rea￿nable accuracy at any time the financial p￿tion of the Charity
and enable them to ensure that the financial ststements comply thith the Charities Act 2011. the Charity
(Accounts and Reports) Regulations 2008 a￿1 the provistons of the Trust deed. They are also responsible for
safeguarding the assets of Ihe Charity and he￿e for ta￿ng rea￿al￿e steps for the prevents'on and detKlion
of fraud and other irregularities.
Approved by ordw of the members of the board of Trusi*s and sigrEd on their behalf by:
Siobhan
Trustee and
Date..
er
xecutive Committee Memb
}11012uLFJ
Page 4

**DRAFT** 

**16/9/2025 13:03** 

**THE HOLT COMMUNITY CENTRE** 

## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024** 

## **Independent examiner's report to the Trustees of The Holt Community Centre ('the Charity')** 

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2024. 

## **Responsibilities and basis of report** 

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). 

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) 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 that in any material respect: 

1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

This report is made solely to the Charity's 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 Charity's Trustees those matters I 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: Christopher Yeates 

Dated:  8 October 2025 FCA DChA 

**Larking Gowen LLP** Chartered Accountants Summerhill House 1 Sculthorpe Road Fakenham NR21 9HA 

Page 5 



THE HOLT COMMUNrrY CENTRE
STATEMEp¥f OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Endowment Restrict￿ Unrestficted
fvnds
funds
funds
2024
2024
2024
Total
funds
2024
Totsl
fvnds
2023
Note
Income and
ondowmants from:
Donations and grants
Charitable activities
Other trading activitl8S
Investments
12,099
81,151
22,067
13
13,099
81,151
22,067
13
10,823
82, 656
6, 6eii
Total Incoma and
èndowments
1.000
115.330
116,330
100, 145
Expndlture on:
Charitable aclivities
Other èxpenditure
106.153
9.625
107,019
9,625
92,567
10,588
Total expenditure
115,778
116,644
103, 155
Not movement in
funds
134
{448)
(314)
(3,010)
Reconclllatlon of
funds:
Totsl funds brought
for4Yard
Nel movement in funds
155.000
507
65.276
220.783
(314)
223. 793
(3.010)
134
Total funds carried
forward
155,000
641
64,828
220,469
220, 783
The Ststement of financial activities includes all gains and losses recognised in the year.
The notes on pages 8 to 17 form part of these financial ststements.
Page 6

THE HOLT COMMUNrrY CENTRE
BALANCE SHEEr
AS AT 31 DECEMBER 2024
2024
2023
Fixed assets
Tangible assets
200,571
207,113
200,571
207,113
Current assots
Stocks
Debtors
Cash at bank and in hand
2,000
3,631
23,005
1.650
10
16.957
28,636
18,607
Current Ilabllltles
Creditors: amounts falling due V•rythin one
year
11
(8,738)
(4,937)
Net current assets
19,898
13,670
Total asséts less current Ilabllltles
220,469
220, 783
Total net assets
220.469
220. 783
Chaiity funds
Endovffli￿t funds
Restrided funds
Unrestricted funds
12
12
155,000
641
64,828
155, OCKI
507
65,276
12
Total funds
220.469
220, 783
The financial ststements ￿re approved and authorised for issue by the Twst*s and signed on their behalf by:
Slo
han Ra
Date..
The notes on paw 8 to 17 fonn part of these financial statements.
Page 7

THE HOLT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
1.1 Basls of preparatlon of financlal statements
The finanrial *atements have been p￿pared in accordance with the tharities SORP (FRS 102) -
Aeeounting and Reportin9 by Charitio$.' Stat•m8nt of Recommended Practice applicablè to charities
preparing th6ryr accounts in accordance V•ith the Financial Rewrting Standard applicable in the UK
and Republic of I￿land {FRS 102) (effective 1 January 2019), the Financial Reporting Stsndard
applicable in the UK and Republic of Ireland (FRS 102) and Ihe Charities Act 2011.
The financial statements have b88n prepared to gtve a Yrue and fairf view and have dèparted from
the Charities (Accwnts and Reports} Regulations 2008 only lo the extent required to provide a 'true
and fai¢ view. This departure has involved foll￿ing the Charities SORP (FRS 102) published in
October 2019 rather than the Accounting and Reporting by Charities.. Stalement of R&ommended
Practice effective from 1 April 2005 vknich has since been wthdr&•ffl.
The Hc4t Community Centre meets the definition of a public benefit entity urKler FRS 102. Ass8ts
and liabilities are initially recojnised at historical cost or transaction value unless other¥%ise stated in
the relevant acccmjnting policy.
Thp_sp. fin8ncial statements are prÈpared in accordance with FRS 102.
1.2 Golng Concern
After making appropriate enquiries. the Trustees have a wsonable expectation that the company
has adequate r8sourc&s to continue in operational existence for the foreseeable future. For this
rèason. they c<￿tinue to adopt th8 going corwn basis in preparing the financial statements.
1.3 Income
l income Is recc>Jnised once the Charity has entillement to the income. it is probable that the
income will be rec&ved and the amount of income rerHvabie can be measured r81iably.
Grants are included in the Statement of financial activities on a re￿Vable basi5. The balan￿ of
income ￿e1v￿ for specific purposes but not expended during the period is ShOb￿ in the relevant
funds on the Balarsce sheet. Where incomÈ is rp.rAvpd in advance of @ntitlomÈnt of rÈceipt. its
recognition is deferred and Inclu(1￿ in creditcfs as deferred income. Where entitlement occurs
before income is received. the income is accrued.
Income tax recoverable in relati<￿ to investrnent in(J)me is rec(KJnised at the time the investment
income is receivable.
Oth8r income is recoJnised in the period in which it is receivable and to the extent the g￿lS have
been providgj or on ccffipletion of the service.
Pag8 8

THE HOLT COMMUNrrY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (continued)
1.4 Expenditure
Expenditure is recognised onc8 thère is a legal conslructive ci)ligation to transf8r ￿OnOMI
benefit to a thiru party, il is probable that a transfer of econcfflic benefits wll be required in
settlement and the amount of the rt)ligation can be measured reliably. Expenditure is Cla￿rIed by
aclivity. The costs of each activity are made up of the total of direct costs aNI shared costs.
including support costs invofved in undwlaking 8￿h activity. Direct costs attribuiable to a sngle
activity are all(￿ated dIreC￿Y to that activity. Shared costs vthich contribute to more than one activity
and support costs ¥thich are not attributable to a single activity are apportioned bemeen those
activities on a ba&s consistent with the use of resources. Central staff costs are allocated on the
basis of time Sp￿t, and depreciation d￿rgeS allcKat&J C￿ the wtton of th8 ass8t's use.
Expenditure on charttable activities is incurred on direcuy undertalung the activities vthich further th8
Charity's Obj￿tives, as vdl as any asgxiated gjpport costs.
All expenditure is indusive of irrecoverab18 VAT.
1.5 Tangible f￿ed assets and depreciation
Tangible fixed assets are initially recognised at cost. After reGognition, under the cost model,
tangible fixed assets are measured at cost less accumulated depreciation and any accumulated
impaim18nl losses. All costs incurred to bring a tangible fixed asset into its intend&J ￿￿rkIng
condition should be induded in the Mea￿r￿nant of cost.
Depreciation is charged so as to allLxate the cost of taTrJible fixed assets less their residual value
over their estimated useful lives.
Depr￿lation is provid￿1 on the follo￿￿ng basis:
Fixtures and fittings
150fi Red￿Ing balance
Freeh)Id propwty is not depreciated as any deP￿latiOn is considered immaterial.
1.6 Slock5
Slo¢k5 are valued at Ihe lower of cost and net realisable value after rnaking due allowance for
obsolete and SIO￿￿0vIng stocks.
1.7 Debtors
Trade and other debtcKs ar8 recognised at the settlement amount after any trade dis£ount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.8 Cash at bank and in hand
Cash at bank and in hand indudes cash and short-tenn highly liquid inveslments with a short
maturity of three M￿thS or less from the date of acquisition LY opening of the depost or similar
account.
Page 9

THE HOLT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (continued)
1.9 Liabilities and provisions
Lialilities are recowised th there is an i*)ligatiM at the Balance sheet date as a result of a past
evenl. it is probable that a transfer of economic benefit TrMII be required in settlemenl, an¢ Ihe
amount of the settlement can be estimated reliably.
Liaknlilies are recognised at th8 arnO￿t that the Charity anticipates it V•ill pay to S8tUe th8 debt or
Ihe amount it has received as adva￿ed payments for the gjods or services it must provide.
ProVisic￿S are measured at the best eslimate of the amounts required to settle the obligation.
Where the effect of the time value of money is material. the provis￿ is based on the presenl value
of those amounts, discounted at the pr&tax discount rate that reflects the risks specific to the
liability. The urminding of the dixount is rec(*Jnis8d in the Statement of financial activities as a
finance cosL
1.10 Fund accounting
General fuThJs are unreslri¢ted funds vthich are available for u* at the discretion of the Trustees in
furthwance of the general objectives of the Charity and vthlch have not been Oesignate¢J for other
purpose&
Restricted funds are funds ¥thich are tr) be used in a￿ordance *ryth sp8cifi¢ restrictions irnposgJ by
donors or wthich hav8 beén 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 ststements.
Investment inccmne. gains arKI losses are allocated to the apwopriale fund.
The endwnent fund ccfflprises of tt)e acquisition of the land and subsequent construction of the
Community Centre that was finan￿1 by the fonner Lccal AUth￿ty and other charilable donors. In
1996 the propety was revalu￿ at an open tnarket value of £155,OIX). In Ihe interest of clarity, the
value of the t￿lIding in 1996 is deemed to repre*nt the amounts end0V￿ by the various
benefactor5.
Income from donations and legacies
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Donations
Grants
9.476
2.623
9,476
3,623
7,229
3,594
1,000
12.099
13,099
10,823
Total 2023
2, 594
8,229
10.823
Pag8 10

THE HOLT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from ¢harllable activities
Unrestrfcted
funds
2024
Total
funds
XJ24
Totsl
funds
2023
Regular rentals
One off bO￿ng$
Bar sales
Other reV￿ue
35,491
7,435
38,225
35,491
7,435
38.225
42.020
7,620
25,238
7, 778
81,151
81,151
82, 656
Analysis of oxpenditure on charltable activili•s
Summary by fund typ•
Restrlcted Unrestrlcted
funds
funds
2024
2024
Totsl
2024
Total
2023
Staff associat&J costs
Direct bar costs
Cleaning
Telephone
Advertising
Light & heat
Band and DJ charges
Printing. postage and statiO￿ry
Computer and V¥Ebsite costs
Rates
Repairs and maintenan
Oepwiation
32,477
18.273
15.637
991
32,477
18.273
15,637
23,771
18,464
10,243
1. 769
5.156
4.303
5,656
4,303
5,385
4,111
1,782
885
1.188
1.042
2.885
8,561
8,042
1,188
1,042
2,885
8,927
8,042
4,112
10, 186
9, 196
106.153
107,019
92,567
Total 2023
2,594
89,973
92,567
Page 11

THE HOLT COMMUNrrY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
other expenditure
Unrestrlcted
funds
2024
Total
funds
2024
Total
funds
2023
AcC￿ntancY
Ingjrance
Licences and SUb￿riptionS
3.569
2,328
3,728
2,204
2, 138
6,246
2,328
3,728
9.625
9,625
10,588
Independent examinerfs remunefatio
The independent examIn￿S remuneration amounts to an independent examiner fee of £1,565 {2023 -
£1.450).
Trustso8' rnmuneration and èxpensas
During th8 year. no Trustees re￿iVed any reM￿￿ratiOn or 0￿r benefits (2023 - £NIL).
During the year ended 31 December 2024. no Trustee expenses have been incurred (2023 - £NIL).
During th8 year, Trustees receive(I no reimbursement of expanses (2023 £nil).
Page 12

THE HOLT COMMUNrrY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Tanglble flxed assets
Freehold Fixtures and
operty
fittings
Total
Cost or valuation
At 1 January 2024
Additions
155,000
61,309
1,500
216,309
1,500
At 31 t)ecember 2024
155,000
62,809
217,809
Dapreciation
At 1 January 2024
Charge for the year
9,196
8,042
9,196
8.042
At 31 D8C8mbw 2024
17,238
17,238
Net book valu•
At 31 December 2024
155,000
45.571
200,571
At 31 De￿mber 2023
155,OLkJ
52,113
207, 113
stocks
2024
2023
Bar stocks
2,000
1.650
10. Debtors
2024
2023
Due wlthln one year
Trade debtors
Prepayments and acctued income
1,499
2,132
3,631
Page 13

THE HOLT COMMUNrrY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
11. Credltors: Amounts falllng due wlthln one ythqr
2024
2023
Other loans
Trade creditors
Accruals and deferred income
3,885
4,047
4,131
8,738
4,937
Page 14

THE HOLT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 31 DECEMBER 2024
12. 3tatement ot funds
Slatement of funds - currnnt ye
Balance at
31
December
2024
Balance at 1
January
2024
Income ExporKllture
Unrestrlcted funds
General Funds
65,276
115,330
{115.778)
64,828
Endowment funds
Endowment Funds
155.000
155,000
Restrlcted funds
1940's tund
Go Digital
Fridge
507
$07
1500)
(366)
134
507
(866)
Total of funds
220,783
116.330
(116.644)
220,469
The endthyment fund ¢￿ipriseS of the acquistiC￿ of the land and subsequent c(mstruction of the
Community Centre that vras financed by the fcmier Lccal Authority and other charitable donors. In 1996
the property ￿$ revalued at an open market value of £155,000. In the interest of clarity. the value of
the building in 1996 is deemed to represent the amounts endowed by tlie vaiivu¥ benefactors.
The restricted funds comprise of the 1940's & flwring funds. Go Digital and fridge, vthich are to be used
in accordance wth the specific restrictions imposed by donors, or have been raised by the charity
for particular purposes. The costs of raising and administering suth funds are charged against the
SP8cifi¢ fund.
Page 15

THE HOLT COMMUNrrY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
12. Ststement of funds {contlnued)
statement of funds - wlor year
Balance at
31
Balanc8 af
l Januwy
2023
InconE Expenditure
2023
Unrestrlcted funds
General Funds - all funds
68.286
97.550
(l(Kl,560)
65,276
Endowment funds
Endow•Tnent Funds- all funds
155,0
155,OCiI
Restrlcted funds
1940's fund
Community Cafe
507
507
(584)
1.091
{584)
507
Total of funds
224,377
97,550
(101. 144)
220, 783
Page 16

THE HOLT COMMUNrrY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
13. Analysis of net assets between funds
Anatysis of net assets between funds - current period
Endowment Restrlcted Unrestricted
funds
fund5
funds
2024
2024
2024
Total
funds
2024
Tangible fixed assets
Current assets
Creditors due ￿TthIn one year
155.000
45.571
27,995
{8,738)
200,571
28,636
(8,738)
641
Totsl
155,000
641
64,828
220,469
Analysis of net assets bet￿n furKls - prior period
Endowment ResTncted Unrestr7Ct8d
fvnds
funds
funds
2023
2023
2023
Total
lunds
2023
Tangible fixed assets
Current a&sets
Creditors due ￿1th1n year
155.OLiI
52,113
18, 1LIO
(4.937)
207, 113
18,607
(4,937)
507
Total
155,000
507
65.276
220, 783
14. Related party transactions
At the year end £806 VRS OV￿ in respect of an interest fre8 loan from C Burns regarding notiC8board$
(2023: closing loan balance £8061.C Burns wgned as a Trustee in July 2023.
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