**Charity Registration No. 1054783**
## **YOUNG ASIAN VOICES**
## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2024**
**YOUNG ASIAN VOICES TRUSTEES ANNUAL REPORT** For the year ended 31 March 2024
## Message from Chairperson
achievements of Young Asian Voices (YAV) . This has been a year marked by innovation, resilience, and growth, and
In the face of challenges, our YAV has demonstrated remarkable adaptability and determination. Our position is now - more established and secure, thanks to our partnership work, which has fostered long term relationships with funders.
- community and young people. With the backing of regional and national partners, we are delivering long term projects, while continuing our ongoing activities and flexible provisions. We forged new collaborations with local and organizations, enhancing our ability to deliver impactful services and broaden our reach. These partnerships have been . - - instrumental in our mission to create sustainable change We are now recognised city and region wide as a reliable provider of services and events, from supporting cultural bids to facilitating both international and local events. Our - proactive management committee has laid out strategies for long term sustainability and delivery, which include plans - for a full fledged community centre and YAV Head Office base.
push boundaries, inspire change, and represent the heart of YAV . Your passion and commitment are the driving force behind YAV's accomplishments. A special thank you to our donors and partners whose generosity and support have enabled us to pursue our mission with strength and determination. As we step into the new year, we are excited to
## Executive Manager Report
achievements, challenges, and future as we continue to make a positive impact on the lives of young people and the
## **1. Overview:**
s.
## **2. Achievements:**
- education and community engagement such including after school clubs, employability and career guidance workshops, and volunteering opportunities as well as cricket training for all ages. These programs have reached young individuals, providing them with invaluable resources, support and necessary skills for future success.
1
**YOUNG ASIAN VOICES**
## **TRUSTEES ANNUAL REPORT** For the year ended 31 March 2024
youth develop essential skills that will serve them in all aspects of life.
- c) Mental Health Support: Recognising the importance of mental well being, we established one to one support - services and organised mental health awareness campaigns. These initiatives have provided much needed support to
## **3. Challenges:**
- a) Funding: Like many non profit organisations, we faced challenges in securing adequate funding to sustain and expand
## **4. Future Plans:**
- non profit organizations. These partnerships will not only provide financial support but also enable us to leverage
- people to express their identities and engage in conversations about social justice and community building.
| would like to take this opportunity to express my heartfelt thanks to our dedicated staff team, volunteers, partners, stakeholders and, of course, the incredible young people who continue to inspire and drive our work. Your commitment to our mission has made this year a resounding success, and | look forward to all that we will accomplish together in the years to come. We will continue to prioritize youth engagement, provide meaningful opportunities for
.
## Objectives and Activities
- in Sunderland. They seek co operative and fraternal
2
**YOUNG ASIAN VOICES TRUSTEES ANNUAL REPORT** For the year ended 31 March 2024
## YAV Mission
## YAV Vision
## UK.
## YAV Values
3
## **YOUNG ASIAN VOICES TRUSTEES ANNUAL REPORT** For the year ended 31 March 2024
## –
## Achievements and Performance
- Positive Impact in The Community by Sunderland College Education Partnership North - East –
## – Safety – –
## –
## -
–
## –
## - Champions of North East Christian Fellowship League 1* Division
## 5 aside Football Tournament – Runner Up –
T ennis Men’s Over 65’s Singles and Doubles – Winner –
Durham Cricket Board Junior’s League U13 in play - off - Runner - up North - East Outstanding Work in Community Safety Award – YAV - – North East Volunteer of the Year Award = Rashvin Ramanathas –
4
**YOUNG ASIAN VOICES TRUSTEES ANNUAL REPORT** For the year ended 31 March 2024
## – + Kumareswaradas Ramanathas (Ram)
## 2024
- continue with issue based work and sports sessions such as fitness for adult women and men. This pattern of increase
## Reference and Administrative Details
## **Trustees**
I
## **Charity Number**
## **Principal Address**
5
**YOUNG ASIAN VOICES**
## **TRUSTEES ANNUAL REPORT** For the year ended 31 March 2024
## **Independent Examiner**
## **Bankers**
## **Advisors**
## Structure, Governance and Management
## Governing Document
constitution adopted 18 February 1996.
- - Executive Committee delegates day to day management of the organisation to the Executive Manager.
## Appointment of Trustees
- next after the date on which they came into office, but they may be re elected or reappointed. All Trustees give their
## duction and Training
roles, responsibilities and liabilities each trustee faces.
6
**YOUNG ASIAN VOICES**
**TRUSTEES ANNUAL REPORT** For the year ended 31 March 2024
## Financial Review
## Going Concern Statement
## Trustees Responsibilities in Relation to the Financial Statement
-
-
-
-
-
7
**YOUNG ASIAN VOICES**
**TRUSTEES ANNUAL REPORT** For the year ended 31 March 2024
29 January 2025
## **Dr Paul Andrew**
8
## **YOUNG ASIAN VOICES**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
For the year ended 31 March 2024
I report on the financial statements of Young Asian Voices for the year ended 31 March 2024, which are set out on pages 10 to 19.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a Fellow of the Association of Charity Independent Examiners.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did 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 if the requirements that the accounts give a "true and fair" view which is not a matter considered as part of an independent examination.
I 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.
Jim Dodds FCIE 33 The Glebe NE61 6HW Date: 29 January 2025
9
## **YOUNG ASIAN VOICES**
## **STATEMENT OF FINANCIAL ACTIVITIES**
For the year ended 31 March 2024
**----- Start of picture text -----**
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Income from:
Donations and legacies 6 8,534 - 8,534 6,428
Other trading activities 7 94,289 263,902 358,191 367,961
Total income 102,823 263,902 366,725 374,389
Expenditure on:
Charitable activities
Operation of the charity 8 113,939 326,404 440,343 439,040
Total expenditure 113,939 326,404 440,343 439,040
Net income/(expenditure) before ( 11,116 ) ( 62,502 ) ( 73,618 ) ( 64,651 )
investment gains/(losses)
Transfers between funds ( 18,095 ) 18,095 - -
Net income/(expenditure) and net
( 29,211 ) ( 44,407 ) ( 73,618 ) ( 64,651 )
movement of funds
Reconciliation of funds
Total funds brought forward 61,131 56,907 118,038 182,689
Total funds carried forward 31,920 12,500 44,420 118,038
Notes
**----- End of picture text -----**
The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
The notes on pages 12 to 19 form an integral part of these accounts.
10
Charity Number 1054783
## **YOUNG ASIAN VOICES**
## **BALANCE SHEET**
As at 31 March 2024
**----- Start of picture text -----**
Total Total
2024 2023
£ £ £ £
Fixed assets
Tangible assets 16 2,362 4,252
Total fixed assets 2,362 4,252
Current assets
Debtors 17 1,500 21,376
Cash at bank and in hand 18 56,317 98,946
Total current assets 57,817 120,322
Creditors: amounts falling due within
one year 19 ( 15,759 ) ( 6,536 )
Net current assets 42,058 113,786
Total assets less current liabilities 44,420 118,038
Total net assets or liabilities 44,420 118,038
Funds of the charity
Unrestricted income funds 31,920 61,131
Restricted income funds 12,500 56,907
Total funds 44,420 118,038
Notes
**----- End of picture text -----**
The notes on pages 12 to 19 form an integral part of these accounts.
These financial statements were approved by the Board on: 29 January 2025
and are signed on its behalf by:
DR Paul Andrew Chair
11
## **YOUNG ASIAN VOICES**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2024
## 1 **Accounting Policies**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## 2 **Basis of accounting**
## 2.1 **Basis of preparation**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts 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 1 January 2019) �Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Young Asian Voices meets the definition of a public benefit entity under FRS 102.
## 2.2 **Preparation of the accounts on a going concern basis**
The financial statements have been prepared on a going concern basis. In making their assessment the Trustees have reviewed and considered relevant information, including their annual budget and future cash flows. The Trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern.
## 3 **Income**
## 3.1 **Recognition of income**
Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability
## 3.2 **Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.
## 3.3 **Grants and donations**
Income from government and other grants, whether �capital�grants or �revenue�grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.
## 3.4 **Volunteer help**
The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.
12
**NOTES TO THE FINANCIAL STATEMENTS**
## **YOUNG ASIAN VOICES**
For the year ended 31 March 2024
## 3.5 **Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## 3.6 **Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
## 4 **Expenditure and liabilities**
## 4.1 **Liability recognition**
Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## 4.2 **Charitable activities**
Expenditure on charitable activities includes the costs of working with young Asian members and other activities undertaken to further the purposes of the charity and their associated support costs.
## 4.3 **Governance and support costs**
Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
## 4.4 **Irrecoverable VAT**
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## 4.5 **Creditors**
The charity has creditors which are measured at settlement amounts less any trade discounts.
## 4.6 **Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.
## 5 **Assets**
## 5.1 **Tangible fixed assets for use by the charity**
Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:
Fixtures fittings and equipment 25% straight line Motor vehicles 25% straight line
13
## **YOUNG ASIAN VOICES**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2024
|**Analysis of income**
6
**Donations and legacies**
7
**Charitable activities**
Million Hours Community Fund
Know Your Neighbourhood Fund
The National Lottery
Other Lottery
Donations
Crowd Funding
Esmee Fairburn
Paul Hamlyn Foundation
Peoples Health Trust
Sunderland City Council CLLD
Durham Cricket Ground
Awards For All
Northumbria Police & Crime Commissioner
Garfield Weston
Sunderland City Council
The Ballinger Trust
Sunderland Black and Minority Ethnic
Network Ltd
Community Fund
Sports England
Other small grants £2,000 or less
Thornhill Academy
Together for Children|Unrestricted
Funds
£
8,534
8,534
-
13,923
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
18,362
57,232
4,772
94,289|Restricted
Funds
£
-
-
9,933
-
50,000
10,000
2,860
27,500
-
6,124
-
7,233
-
-
5,800
83,640
21,900
29,462
9,450
-
-
-
263,902|**Total**
**2024**
**£**
**8,534**
**8,534**
**9,933**
**13,923**
**50,000**
**10,000**
**2,860**
**27,500**
**-**
**6,124**
**-**
**7,233**
**-**
**-**
**5,800**
**83,640**
**21,900**
**29,462**
**9,450**
**18,362**
**57,232**
**4,772**
**358,191**|Total
2023
£
6,428
6,428
-
8,940
-
5,000
-
27,500
7,982
10,935
7,250
34,190
98,579
15,000
-
92,368
-
-
-
6,174
49,543
4,500
367,961|
|---|---|---|---|---|
Income was £366,725 (2023: £374,389) of which £102,823 was unrestricted or designated (2023: £122,220) and £263,902 was restricted (2023: £252,169)
14
## **YOUNG ASIAN VOICES**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2024
## **Analysis of expenditure on charitable activities**
|8|**Operation of the charity**
Governance costs
Light and heat
Telephone
Building charges
Depreciation charge
Insurance
Bank charges
Printing, postage and stationery
Project work
Staff development and travel
Management support
Equipment
Other governance costs
Independent examiner's fees for reporting on
the accounts
Salary costs inc. pension and employers NI|Unrestricted
Funds
£
82,080
-
1,119
-
24,616
2,734
-
-
-
1,890
-
500
600
400
113,939|Restricted
Funds
£
236,891
2,800
-
960
40,432
15,041
13,219
7,108
3,841
-
2,878
3,234
-
-
326,404|**Total**
**2024**
**£**
**318,971**
**2,800**
**1,119**
**960**
**65,048**
**17,775**
**13,219**
**7,108**
**3,841**
**1,890**
**2,878**
**3,734**
**600**
**400**
**440,343**|Total
2023
£
179,033
2,700
1,418
3,708
198,766
18,962
10,462
6,161
3,495
1,890
1,010
10,585
500
350
439,040|
|---|---|---|---|---|---|
Expenditure on charitable activities was £440,343 (2023: £439,040) of which £113,939 was unrestricted or designated (2023: £162,158) and £326,404 was restricted (2023: £276,882)
|9
10
**Analysis of staff costs and the cost of key management personnel**
Gross wages, salaries and benefits in kind
Employer's National Insurance costs
**Fees for examination of the accounts**
Independent examiner's fees for reporting on the accounts
Employer's pension costs
Other accountancy services paid to the examiner|**2024**
**£**
**600**
**400**
**1,000**
**2024**
**£**
**188,169**
**8,794**
**2,987**
**199,950**|2023
£
500
350
850
2024
£
155,419
11,920
2,518
169,857|
|---|---|---|
Number of employees whose total employee benefits (excluding employer pension costs) for the reporting period fell within each band of £10,000 from £60,000 upwards.
|Band £70,000 to £80,000|**2024**
**Number**
**1.0**|2023
Number
1.0|
|---|---|---|
15
**YOUNG ASIAN VOICES NOTES TO THE FINANCIAL STATEMENTS** For the year ended 31 March 2024
## 10 **Analysis of staff costs and the cost of key management personnel** continued
The key management personnel of the charity, comprise the Trustees and the Executive Manager. The total employee benefits of the key management personnel of the charity were 72377 (2023: £72,378).
## 11 **Staff numbers**
The average monthly head count was 11 staff (2023: 10 staff) and the average monthly number of full-time equivalent employees during the year were as follows:
|Charitable activities
The parts of the charity in which the employee's work:|**2024**
**Number**
**6.0**
**6.0**|2023
Number
4.0
4.0|
|---|---|---|
## 12 **Transactions with trustees**
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.
## **Trustees' expenses**
The following detail the expenses incurred by the trustees.
|Trustee B Rahman - travel expenses|**2024**
**£**
**-**
**-**|2023
£
210
210|
|---|---|---|
## **Transaction(s) with related parties**
There have been no related party transactions in the reporting period.
## 13 **Defined contribution pension scheme**
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The employer's pension costs represent contributions payable by the charity to the fund and amount to £2,987 (2023: £2,518). There was £571 outstanding as at 31 March 2024 (2023: £537)
## 14 **Corporation Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.
## 15 **Capital commitments**
As at 31 March 2024, the charity had no capital commitments (2023 -£nil)
16
## **YOUNG ASIAN VOICES**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2024
|16 **Tangible fixed assets**
**Cost**
Balance brought forward
Additions
Disposals
**Balance carried forward**
**Depreciation**
Basis
Rate
Balance brought forward
Depreciation charge for year
Disposals
**Balance carried forward**
**Net book value**
**Brought forward**
**Carried forward**
17 **Debtors and prepayments (receivable within 1 year)**
18
Cash at bank and in hand
19
**Creditors and accruals (payable within 1 year)**
Pension
Independent examination of accounts
**Cash at bank and in hand**
Accrued income
Trade creditors
Accruals
Taxation and social security|**Motor**
**Vehicles**
**£**
7,560
-
-
7,560
SL
25%
3,308
1,890
-
5,198
4,252
2,362
**2024**
**£**
**1,500**
**1,500**
**2024**
**£**
**56,317**
**56,317**
**2024**
**£**
**10,966**
**3,222**
**571**
**1,000**
**15,759**|**Total**
**£**
**7,560**
**-**
**-**
**7,560**
**3,308**
**1,890**
**-**
**5,198**
**4,252**
**2,362**
2023
£
21,376
21,376
2023
£
98,946
98,946
2023
£
5,149
-
537
850
6,536|
|---|---|---|
17
## **YOUNG ASIAN VOICES**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2024
## 20 **Events after the end of the reporting period**
No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.
## 21 **Analysis of charitable funds**
## **Analysis of movements in unrestricted funds**
|**Unrestricted funds**
General unrestricted fund
**_Totals_**
**Purpose of unrestricted funds**
General unrestricted fund|**Fund**
**balances**
**brought**
**Incoming**
**Resources**
**forward**
**resources**
**expended**
£
£
£
61,131
102,823
( 113,939 )
61,131
102,823
( 113,939 )
The 'free reserves' of the charity|**Transfers**
£
( 18,095 )
( 18,095 )|**Fund**
**balances**
**carried**
**forward**
**£**
**31,920**
**31,920**|
|---|---|---|---|
## **Analysis of movement in restricted funds**
|**Restricted funds**
Crowd Funding
Esmee Fairburn
Garfield Weston
Northumbria Police & Crime
Commissioner
Paul Hamlyn Foundation
Sunderland Black and Minority
Ethnic Network Ltd
Sunderland City Council CLLD
The National Lottery
Awards for All
Community Fund
Million Hours Community Fund
Other Lottery
**_Totals_**
Know Your Neighbourhood Fund|**Fund**
**balances**
**brought**
**forward**
£
-
-
-
-
12,500
-
-
-
44,407
-
-
-
56,907|**Incoming**
**resources**
£
9,933
50,000
10,000
2,860
27,500
6,124
7,233
5,800
83,640
21,900
29,462
9,450
263,902|**Resources**
**expended**
£
( 9,933 )
( 50,000 )
( 10,000 )
( 2,860 )
( 27,500 )
( 6,124 )
( 7,233 )
( 5,800 )
( 146,142 )
( 21,900 )
( 29,462 )
( 9,450 )
( 326,404 )|**Transfers**
£
-
-
-
-
-
-
-
-
18,095
-
-
-
18,095|**Fund**
**balances**
**carried**
**forward**
**£**
**-**
**-**
**-**
**-**
**12,500**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**12,500**|
|---|---|---|---|---|---|
## **Purpose of major restricted funds**
Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor. Crowd Funding Sports maintenance. Esmee Fairburn
Core costs for the further development of youth voice across Sunderland.
18
## **YOUNG ASIAN VOICES**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2024
## 21 **Analysis of charitable funds** continued
**Purpose of major restricted funds** continued
Garfield Weston
Core costs to continue to work with people who we see as playing a vital role in the regeneration of their local community.
Northumbria Police & Crime To support local organisations in communities across Northumbria and to reduce Commissioner the harm caused by crime and anti-social behaviour in communities. Paul Hamlyn Foundation To support �Change, Survive, Adapt and Grow�and contribute to the Executive Manager salary.
Sunderland Black and Minority To support the community with limited incomes and savings Ethnic Network Ltd Sunderland City Council CLLD Young People�s Work Ready Training Project. The National Lottery Awards for All Young People�s Work Ready Training Project. Community Fund To support the minimum of 450 people per year in our community together with 25 volunteers per year. Million Hours Community Fund To provide detached youth work delivery to reduce the impact of anti-social
To provide detached youth work delivery to reduce the impact of anti-social behaviour on young people.
Know Your Neighbourhood Empowering communities to take sustained action on volunteering and loneliness. Fund Other Lottery To support the volunteer and youth work being continued.
## **Transfers between funds**
**Amount Reason for transfer £** Between unrestricted and To cover additional expenditure incured on The National Lottery **18,095** restricted funds Community Fund.
## 22 **Analysis of net assets between funds 2024**
|Cash at bank and in hand
Other net current assets/(liabilities)
Other net current assets/(liabilities)
Tangible fixed assets
**nalysis of net assets between funds 2023**
Tangible fixed assets
Cash at bank and in hand|Unrestricted
Funds
£
2,362
43,817
( 14,259 )
31,920
Unrestricted
Funds
£
4,252
42,039
14,840
61,131|Restricted
Funds
£
-
12,500
-
12,500
Restricted
Funds
£
-
56,907
-
56,907|**Total**
**2024**
**£**
**2,362**
**56,317**
**( 14,259 )**
**44,420**
**Total**
**2023**
**£**
**4,252**
**98,946**
**14,840**
**118,038**|
|---|---|---|---|
## **Analysis of net assets between funds 2023**
19