Company re815tration number.. 03134966
Charity registration number: 1051428
Creative Oundle Limited
(A company limited by share capital)
Annual Report and Financial Statement5
for the Year Ended 31 October 2024

Cregtive Oundle Limited
Contents
Rcfcrcncc and Administrdtivc Dclai15
Trnsi¢cs' R¢port
2103
Statcmcnt of Tw5tws' Rcsponsibilitics
Indcpcndcnt Examiner's Rew)rt
Stat¢m¢rtt of Financial Activities
Balancc Shcct
Notcs lo thc Financial Siatcm¢n15
81016

Creative Oundle Limited
Reference and Administrative Details
Trustees
Anne Burnett
Quentin Thomas
Prof. Kevin Schurer
Christopher Baczkowski
Jeremy Hutton
Alyson Allfree
Registered Office
The Old Town Hall
Market Place
Oundle
PE8 4BA
Company Reglstratlon Number
03134966
Charlty Registratlon Number
1051428
Accountant
TC Group
The Old Town Hall
Market Place
Oundle
PE8 4BA
Pagc I

Creative Oundle Limited
Trustees, Report
The trustees. who are directors for the purposes of company law. present the annual report together with the financial 5taternents of
the charitable company for the year ended 31 October 2024.
Objectiv¢5 #nd activitie$
Publ1¢ benefll
The trustee5 confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the
public benefit guidance published by Ih¢ Charity Commission for England and Wales.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Creative Oundle is governed by a Board of seven appointed Tnhslees. Proposed new Trustees &re nominated by existing Trustees
and arc ¢hos¢n for their expertis¢ in a particular area of relevance to the running of the organi5ation.
Proposed Trustees aTe accepted onto the Board by Ihe approval of all existing Trustees.
The core activities of the charity, the young organist's courses. continue lo gain financial support from donors under the
mana8emenl of the Oundle for Organists director and administrator. An additional pro8rarnm¢ of rnusic. rinerna and cornedy was
delivered by Ihc Irustees and volunteers with the support of a part lime administrator.
Governlng document
The charity takes the forni of a company limited by guarantee as defined by the Companie5 Act 2006. Governance and manag¢mcnl
is strictly controlled by its conslilutional documents.
Rl$k management.
Th¢ Tru51ees have a duty to identify and review the risks to whi¢h the charity is exposed and lo ensure appropriate controls are in
place to provide reasonable assurance against fraud and error. The Trustees have had regard lo the Charity Commission guidance on
public benefit. AS the charity's activiiies are in ihe areas of music, arts and education with open access (via ticket sales elc.) to
events the Trustees believe the dcmonslralion of public bcncfil is clear
AIMS AND OBJECTIVES
The aims of Creative Oundle are to..
Promote excellence and enjoyment in musi¢ 4nd the arts through all its work. Widen
opportunities to engage with music and the arts through education and performance.
Increase access to, and provide oulslanding
luition for. young organists through an int¢rnationally promin￿( programm¢ of noncomp¢titiv¢ rcsid¢ntial courses.
Stage
perfOrn￿nceS from inlernalional, national and local artists, and provide a platforn) for aspiring young artists of excellence. Provide
¢uliur31 activitlC5 Ihroughout th¢ year a¢ross a range of musi¢al and artlSli¢ genres
ACHIEVEMENTS AND PERFORMANCE
Crealive Oundle d¢livcrcd th¢ Pulling Out Ihc Slops and Summer School organ courses lo a full compl¢m¢nt of stud¢nts, these
courses were very successful and continue lo atiraci generous support from donors.
Other a¢tiviti¢s included the Open Gardens and Party at the Wharf which continue to be very popular and an expanded programme
of cornedy perf0M￿nceS has also been very well received.
Pagc 2

CreAtlve Oundle Llmlted
Trnsteu, Report
ICoMlinM￿)
Genernted income was suppleD*nted by support received from a numb¢r of Tru814 Foundations aDd y•nt bodie8 for the
work of Creative Oundle. Th¢s¢ included: the Fund, the Bebren8 FoundAtioN Gillet Charitable Foundtition. the Ouseley
Church Mu8ic Tnrt the John Pilliti8 TrusL the Royal College of Orwists ond the Aiats Speddin8 MenKKial Fuod We also
rcccived si80ifiGgnt support for spE¢ifi¢ wfornllnces from a llumbu of individual doDor8.
We would like to thank all thos¢ bodies and individuats who gave: their support is vitsl to enabk u8 to ￿ntiQue to preS￿t a bToad
Over the 2023r24, there has been a in¢rew in incoming r¢sour¢¢s of £115,797 and i inw¢J3e in r¢sources expended of
£123275. Th¢ n¢t dccrea8¢ of funds was £7,478 and funds ¢arri¢d forward were £70.746.
Raemi poll¢y
Following i miew of ttwnover ODd the aDnual p8tt¢rn of ca8h flow over the past four yrar4 th¢ Trustees ￿pIt¢ to I￿ch tt level
equtval¢nt to £35.OCrf). OT 3 Tts)nths' runnin8 costs, whi¢hever is 8r¢8ler, by October 2024.
Th¢ Inn
I report
OS 8pproved by the trustee5 of th¢ charity on.. . . .. ... ..
8isned on its behalf by.
Jeremy Hutton
Trth8tee
Page 3

Cre*tlve Ollnd]e Llmited
Statement of Trustees, Responslbllltles
Thc trustees (who are also th¢ direKtors of Creative Oundle Liniited for the PUryM)ses of company law) are
responsible for preparing the trustces, report and the financial statements in awordanee witb the United
Kingdom Accounting Standards (United Kingdom Genernlly Accepted Acwunting Practice) and applicable law and
Tegulations.
Company law requires the trustees to prq>are fiTwi¢ial statements for ¢a¢h finan¢i81 year. Under con]pany law the
ttustees must not approve the f￿all¢ll1 statements unless they ore satisfied that they give a true and fair view of the
state of affair8 of the charitsble company and of its incoming resources and 8pplicatiOD of resources,
including its income aDd expcnditure, for that period. ID preparin8 these fmancial stAtemenls. the ttwtee8 are
required to.,
select suitsble a¢eounting poli¢ie8 and apply them consistently;
obseThe the methods and principles in the Chartties SORP.
make judgements and estimates that are TeasoDable Ind prudent;
state whether hpplicable UK Accounting Standards hav¢ been followed, Subject to any material departures
disclosed and explained in the fman¢ial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
cbaritable company will Continue in bu8ines8.
The truste¢s 8Te respnsible for keeping adequate a￿OUnting records that are sufficient to show and explain the
¢b&titable companls transa¢tion8 and di8¢lose with reasonable ttccuracy r4t any time the fmancial position of the
charilable company and enable them to cnsure that the fllwicial slat¢ments comply with thc Compani¢8 Act
2006. They are also responslble for safeguarding the assets of the Ch￿itable company and hence for takin8
reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the tswtees of the charity on ..,.,.......,.,....... and signed on its behalf by:
Jeremy Hutton
TTUStee
Page 4

Creatlve Oundle Llmlted
Independent Examiner's Report to the trustees of Creative Oundle Limited
l ￿pOrt on th¢ accounts of thc charity for th¢ ycar ¢nd¢d 31 Octob¢r 2024 which aTC Sct oul on pag¢s 6 to 16.
Respeetlve r¢sponslbllltles ol trustees #nd examlner
Thc tnjstccs (who arc also thc dircctors of thc company for the purposcs of company law) arc rcsponsiblc for the prcparation of thc accounts. Thc
trnslccs consider thai an audit is not rcquircd for this year undcr scciion 144121 of the Chariiics Act 2011 (the 201 l Act) and that an indcpcndcnt
cxatninalion is nccdcd.
Having satisficd wny5rlf that th¢ ¢harity is not subj¢er to audit und¢r ¢ompany1ow Ind is cligibl¢ for ind¢pcnd¢ni ¢xamination, it is my
rcspon5ibility to..
cxaminc thc accounts undcr 5CCtion 145 of th¢ 2011 A¢t',
to follow thc proccdurcs laid down in th¢ gcncrnl Dircctions givcn by thc Charity Commission undcr section 145151{b) of thc 2011 Acl; and
to siatc whthhcr particular mattcrs havc comc lo my attcntion.
B*$1$ of Independent ¢xAmlner'$ report
My examination was carricd out in accordancc with thc gencral Dircctions wven by the Charity Commission. An cxamination includcs a
review of the accouniing rccords kcpt by the charity and a compArison of ihc accounts prescnted wilh those records. 11 also includes
¢onsid¢rdtiort of any unusual itcms or disclosurcs in the accounts. and scekin8 ¢xplanations from you as ttusiccs concerning any such
matters. Th¢ proccdurcs undert&kcn do rtot provide all Ihc evidcncc that would bc rcquircd in an audit and conscqucntly nr) opinion is g]v¢n as
to whcthcr th¢ accounts pr¢scnt a 'tru¢ and fair vi¢w' and the report is limit￿ to thow matt¢rs let out in th¢ statcmcnt below.
Independent ex#miner'J $t#t¢m¢nt
I have idcnlificd matters of conccm that
In ¢onn¢¢iion with my ¢xamination, apart from thc mattcr refcrrcd abov¢ indi¢ating rhai thc accounts are not fully complianr with the
o¢oounting r4Ul￿M¢nt5 of 5cclion 396 of Ihc CoTnpaniL% Act and wilh thc mcthods and principlc5 of thc Siaicmcnt of Rccommcndcd
Practi¢c'. A¢counting and Rcporting by Chariti¢s. no matt¢r ha% ¢om¢ 10 my •tt¢nlion'.
{1 I which givcs mc TcasoDabl¢ ¢&uw to b¢li¢v¢ that in any mat¢rial r¢sp¢¢t th¢ ￿quir¢￿¢￿ts'.
to k¢cp ac¢ouDting r￿OrdS in ac¢ordancc with $￿tIOn 386 of Ihc Companic5 Act 2006: and
to prcparc hccounls which accord with thc accounting ￿cordS, comply with the accounting rcquir¢mcnts of 5¢¢tion 396 of th¢ Companics
Act 2006 and with thc rncthods and principl¢s of thc Siatcmcnt of Rccommcnded Practi¢c.' Ac¢ounting and R¢porting by Charities
havc not bccn mct, or
121 to which, in my opinion, attcnlion should bc drawn in ordcr lo Cnablc a propcr understanding of thc account5 to bc rea¢hcd.
Graham Darbournc
FCA
Thc Old Town Hall
Mark¢i Pl8C¢
Oundlc
PE8 4BA
Datc..
P88¢ 5

Cre•tive Oundle Limited
Statement of Flnanclil Actlvltie$ for the Yellr Ended 31 October 2024
(Tneluding Income and Expenditure Account and Statement of Total Re¢ognlsed G8ln$ #nd Losses)
UAreJlrl¢ted
Restrl¢t¢d
fund$
Tot41
2024
Total
2023
Note
IA¢ome and Ertdowment$ from:
Donations and legacies
Activities for ¥eneTatiri8 fund5
Investment income
Other income
Total Income
6,575
85.761
14
23,447
30.022
85.761
14
31,388
71,967
85
92.350
23,447
115.797
103.440
Expendlture on:
Charitable activities
Totsl EXpendi￿re
23,447
123,447)
123 275
(123.275)
199,8281
1110,569)
Nel income
Net movement in fvnds
17,4781
17,478)
17.478
17,4781
17,129
(7,129)
R¢¢onclllHtioll of funds
Total funds brought forward
Total fijrtds ca￿led forward
78,224
70,746
78,224
70,746
85.353
78,224
All of the ¢h8ritys ictivities deriv¢ from continuing opeTations during the above hvo period5.
Pagc 6

Creative Oundle Llmlted
(Re￿trnti0ll Jjumber: 03134966)
Balance Shett as at 31 Octoljer 2024
Note
2024
2023
Flxed asiets
Tangible 488ets
Current ￿Sets
Debtors
C88h at bank gnd in hand
12
19,131
17,716
13
9.839
8,667
88,703
74,630
Cr¢dltor8: Amoynt# falling due wlthln one year
14
(37.088)
(14.122)
Net current
51,615
60,508
Net ai#ts
70,746
78224
Fundi of the charlty:
Unre8trl¢¢ed funds
Unre8trxct¢d fimd8
Totsl funds
15
70,746
78,224
For the financial y¢ar ending 31 October 2024 the chality was entitled to exemption from audit under 8e¢lion 477 of the
CotDpAnies A¢t 2006 relakng to small c¢)mpanie8.
Directors, respoNibilities:
Thc members have not required the rlwity to obtain an audit of its accounts for the year in question in
accordance with section 476. and
The directors ack[￿wIed8c their re8pon8ibilities for corylying with the requirements of the Ad with respect to
accoulltmg records and th¢ preparatson of acwunts.
These accounts have be¢n prepar&1 in a¢cordanK with the provisions appli¢8bl¢ to comp8nies 8ubject to the small
¢ompatiie8 re￿￿¢.
The financial statements on pages 6 to 16 We￿ approved by the trustee4 and authorised for issue on
.. and Si￿ed on their b¢half by:
Jeremy Hultoo
Trust¢e

Creative Oundle Limited
Notes to the Financial Statements for the Year Ended 31 October 2024
I Charity Status
Th¢ charity is a charity limited by guarantee and consequently does not have share capital. Each of the trustees is
liable to contribute an amount not exceeding £ I towards the assets of the charity in the event of liquidation.
2 Accountin2 policies
Summary of slgnlflcant accountlng policies and key Aecountlng estfimate$
The principal accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistently applied to all the years presented, unless otherwis¢ stated.
Statement of compliAnce
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January
2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applirable in the UK and Republic of Ireland
(FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
Bgsls of preparatlon
Creative Oundlc Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are
initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting
policy notes.
Colng concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going
concern nor any significant areas of uncertainty that affect the carying value of assets held by the charity.
Income And endowments
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 the income receivable can be measured reliably.
Donations and legAcles
Donations are recogniscd when the charity has been notified in writing of both the amount and settlement date. In
the event that a donatlon is subject to conditions that require a level of perforn]ance by the charity before Ihe charity
is entitled to the funds, the incorne is deferred and not recognised until either those conditions are fully met, or the
fulfilrnent of those conditions is wholly within the control of the charity and it is probable thal these conditions will
be fulfilled in the reporting period.
Legacy gifis are reCO￿lSed on a case by case basis following the grant of probate when the
adminAstrator/executor for the estate has communicated in writing both th¢ amount and settlement date. In the event
that the gift is in the forni of an ass¢t oth¢r than cash or a financial asset traded on a recognised stock exchange,
recognition is subject to the value of the gift being reliably measurable with a degree of reasonabl¢ accuracy and the
title to the asset having been transfe￿ed to the charity.
Page 8

Creative Oundle Limlted
Notes to the Financial Statements for the Year Ended 31 October 2024
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants
have been met. Where perf0m￿nCe conditions are attached to the grant and are yet to be met, the income is
recognised as a liability and included on the balance sheet as def¢￿ed income to be released.
Deferred income
Defe￿ed income represents amounts received for future periods and is released to incoming resources in
the period for which, it has been received. Such Income is only deferred when..
The donor specifies that the grant or donation must only be used in future accounting periods; or
The donor has imposed conditions which must be met before the charity has unconditional entitlement.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be measured reliably. All cost5 are allocated to the
applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly
altributed to particular headings ihey have becn allocated on a basis consislenl with the use of resources, with
cenlial staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the
asset's usc. Othcr support costs are allocated based on the spread of staff costs.
Charitable aetlvltles
Charitable expenditure comprise5 those costs inCUr￿d by the charity in the delivery of its activities and services
for its beneficiaries. It includes both costs that Can be allocated directly to such activities and those costs of an
indirect naturc necessary lo support them.
Governvdnce costs
These include the costs attributable to the charity's compliance with constitutional and statutory requirements,
including audit, strategic management and trustecs's meetings and reimbursed expenses.
Government grants
Govemmeni grants are recognised based on the accrual model and are measured at the fair value of the asset
rcceivcd or receivable. Grants are classified as relating cither to revenue or to assets. Grants relating to revenue
are ￿cOgnised in income over the period in which the related costs are recognised. Grants relating to assets are
recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is
recognised as deferred income.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010
and th¢r¢fore it meets the definition of a charitable company for UK cotporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the
Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to
charitable purposes.
Tangible fixed assets
Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and
subsequent accumulated impairnieni losses.
Page 9

Creative Oundle Lfimlted
Notes to the Financial Statements for the Year Ended 31 October 2024
Depreciation and Vdmortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated Tesidual value. over their expected useful economic life as follows:
Asset clas$
Portable Organ
Jesus Chamber Organ
OtTice Equipment
Depreciation method and rate
3.330/0 straight line basis
2/0 straight line basis
33.3 /0 straight line basis
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services perfornjed in the ordinary
course of business.
Trade debtors are recogniscd initially at thc transaction price. They are subsequently measured at amortised cost
using the effective interest method, less provision for impairn]ent. A provision for the impairnient of trad¢
debtors is established when there is objective evidence that the charity will not be able to collect all amounts due
according to the original tenns of the receivables.
Cash and cash equlvglents
Cash and cash equivalents comprise cash on hand and call depostts, and other short-tern] highly liquid
investm¢nts that are readily convertible to a known amount of cash and are subject to an Insi￿lfi¢ant risk of
change in value.
Trade credltors
Trad¢ cr¢ditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classifi¢d as current liabilities if the charity does not have
an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least
twelve months after the reporting date. If there is an unconditional right to defer s¢ttlcment for at least twelve
months after thc reporting date, they are presented as non-current liabilities.
Trade creditors are recognised inilially at the transaction price and subsequently measured at amortised
cost using the effectiv¢ interest method.
Fund structure
Unrestricted income funds are general funds that arc availablc for use at th¢ trustees's discretion in ￿rtherance of
the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is
restricted to that area or putpose.
Page 10

Creative Oundle Limlttd
Notes to the Fln%D¢l%l St8t¢rn¢nts for the Year Ehded 31 October 2024
3 ILtomt from donatlons and legA¢les
Unrestricted
runds
Restri¢t¢d
funds
Tolll
2024
TotAI
2023
Individual donation¥
Tru51$ and foundations
Grants and bursaries
Sponsorship
2,438
2.438
21,827
2,057
3.700
30.022
5.813
16,500
7,125
1.950
31.388
21,827
,620
437
3,700
6.575
23,447
4 A¢tlvllles for i¢utr•tln8 fundi
Ullre5trlct¢d
fund8
Uhr¢$irl¢ttd
Ads
Total
2024
Total
2023
OMT aciivities
85,761
85,761
85,761
85,761
71.967
71,967
S Invtsimeni In￿rne
Unrestrlcted
f4nds
Unr¢itTl¢t¢d
Tot*1
1023
Tot*l
Z013
InleTest receivable
6 Othtr Income
During this currenl year £nil12023 - £nill wes Ttccivcd in occupancy in¢orn¢.
Pagcll

Creative Oundle Llmited
Notes to the Financial Statements for the Ye•r Ended 31 October 2024
7 Exp¢ttdltur¢ ott ¢h*rltAblt a¢tlvllk$
u￿r￿tTk¢td
funds
Restricted
Fund
Total
2024
Tot*1
2023
Note
Staff c05¢5 linc rbon-payToII)
Staff pen5ion5
Concert, box oificc and vcnuc cost5
Cour5c running costs
Printing, p05trdge. Hdvcrtising aThd marketin¥
IndqKrLden¢ exHmincT'5 fee
Insurance
Offjce ex￿n5¢S
Occupancy
Travcl
Le¥01 an(J pTofe5sion41 fees
Dcprecialion
10
10
24,338
24,338
23,213
379
32,707
40,172
3,886
1,0
292
2.518
29
730
3,613
2.029
10,569
47.242
18.439
1.883
2.100
675
1,848
689
382
130
2.101
99.828
47,242
41.886
1,883
2.1¢
675
1.848
689
382
130
2.101
123,275
23.447
23.447
Anily$i$ of govern#llte #nd sypport colts
GoveTrt*nee tosts
Unreitrlttsd
funds
UnreJtrltt¢d
fuudi
Toial
2024
Total
21123
Ind¢pend¢nr examiners fee
Other yovern4nce cosi¥
2,1
2,100
2,1
2,100
I,ooo
9 Trustetj ￿M￿ner￿tIon and txp¢ng¢J
No tnJ$itts, nor Any persons eonneeted with them, have received iny remuneTlliott from the charity durin8 Ihe year.
Page 12

Creative Oundle Limited
Notes to the Financial Statements for the Year Ended 31 October 2024
10 Staff costs
The aggregate payroll costs were as follows:
2024
2023
Staff costs during the year were:
Staff costs (inc non-payroll)
Staff pensions
24,338
23,213
379
23.592
24,338
The monthly average number of persons (including senior management team) employed by the charity during the year
expressed as full lime equivalen15 was as follows-
2024
2023
Average Employees
No employee received emoluments of more than £60,000 during the year.
The total employee benefits ofthe key management personnel of the charity were £6,982 (2023 £4,383).
I I TAxatlon
The charity is a registered charity and is therefore exempt from tsxation.
Page 13

Creative Oundle Limited
Notes to the Financial Statements for the Year Ended 31 October 2024
12 Tangible fixed assets
Je5US
Chamber &
Portable
Organ
Office
Equipment
TotV41
Cost
At l November 2023
Additions
At 31 October 2024
43,425
9,629
53,054
3.516
56,570
43,425
13,145
Depreelatlon
At l November 2023
Charge for the year
At 31 October 2024
25,709
929
26.638
9,629
1.172
10,801
35.338
2.101
37,439
Net book value
At 31 October 2024
16,787
2,344
19,131
Al 31 October 2023
17.716
17,716
13 Debtors
2024
2023
Trad¢ D¢btors
Prepayments
7,363
2,476
9,839
5,074
3,593
8,667
14 Creditors: amounts falling due within one year
2024
2023
Trade creditors
Other creditors
Accruals and deferred income
1,553
13,122
35.535
37,088
1.000
14,122
Page 14

Creative Oundle Limited
Notes to the Financial Statements for the Year Ended 31 October 2024
IS Funds
Balance at I
November 2023
Balance at 31
October 2024
Unrestrieted funds
General
78.224
70.746
Balance at I
November 2023
BalAnce at 31
October 2024
Incoming
resources
Resources
expended
Unre$lrleted funds
General
Totil restrlcted fund$
Total funds
78.224
92.350
23,447
115,797
(99,828)
(23,447)
(123.275)
70.746
78,224
70.746
Balance It I
November 2022
B4lance at 31
October 2023
Incoming
resources
Resourees
expended
Unre$trleted funds
General
85,353
103,440
(110.569)
78,224
R￿tTleted funds
Total restrlcted funds
TotAI funds
85,353
103,440
(110,569}
78,224
Page 15

CreAtlve Oundlt Llmlted
Notes to the Financlal StAtements for the Year Ended 31 October 2024
16 Analysis of net asset5 between funds
Unrestricted
funds
General
Restricted
funds
Gener41
Total funds
Tangiblc fixcd assc15
Currcni asscis
Currcnt liabilitics
Totol nct 45S¢ts
19.131
54.768
(3.152)
70,746
33.936
133.936)
88.703
(37.088)
70.746
17 Rel•ted party transactlons
During the year thc Trusicc5 and any charitics ksso¢i¥tcd with Ihcm, mad¢ aggrc¥at¢ donations tts
Crcativc Oundlc Limiicd of £nil12023 - £nil).
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