REGISTERED COMPANY NUMBER- 03212736 (England and Wales) REGISTERED CHARITY NUMBER: 1056367 rt of the Trustees and naudit¢d Financial Stat¢ments for th¢ Year End¢d 31 March 2025 for Connectin Communities in Berkshire Ltd EDMONDS ACCOUNTANCY LIMITED Unit I I, Diddenham Bus ParK Diddcnham Court Grazel¢y, READfNG Berkshire RG7 IJQ
Connectin Communities in Berkshire Ltd Contents of the Financial Statements for the Year Ended 31 March 2025 Report of the Trustees Independent Examinels Report Statement of Financial Activiti¢s Statement of Financial Position 9 to 10 Notes to the Financial Statements Detail¢d Stalement of Financial Activities 16
Connectin Communities in Berkshire Ltd ort of the Trustees for the Year Ended 31 March 2025 The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their Teport with the financial statements of the charity for th¢ year ended 31 March 2025. The annual report and fjnancial statements comply with the Memorandum and Articles of Association, the requirements of the Ststement of Reported Practi¢e (SORP) Arunting and Reporting by Charities (FRSI 02) (eff¢ctive l January 2019) and the Companies Act 2006. Connerting Communities in Berkshire (CCB) is an independent charity with 52 years of experience in cotnmunity development work, originally found in 1973 as a Rural Community CouncAI. Our team is knowledgeable and experienced in finding solutions that best meet the needs of communities. We develop partnerships that foster good communications, which in turn build engagement and deliver stron& sustainable communities. CCB is an actsve rnember of Action with Communities in Rural England (ACRE). the nalional body for 38 charitable lo¢al development agencies. OUT vision is for all rommunities in Berkshire to be stron& resilienl sustainable and able to take control of their own futures. CCB'S purpose is to inspire action at a community level that improves people's quality of life. We work across Berkshire, with a particular focus on rural areas. We run projects that provide advice, support and trdining that: reduces poverty & rural disadvantage improves rural health & wellbeing increases digilal inclusion & Social connec*dD¢SS Our organisation values include: Integrity: honesty, fairness, Tespect and trustworthiness in all that we do People: we respect the individual rights. dignity and diversity of all people. We value the skills and experience our staff bring to their work and seek to develop the best in others Volunteering: we encourage people to fmd ways of giving their tim¢ for Ihe benefit of their communities. Health, Safety and the environment= we challenge and encourage ourselv¢s and others to protect th¢ ¢nvironmenL the health & safety of our employ¢¢s and those within the communities we sUPPOrt Parlnerships: we are conllnitted to maintaining and developing positive relationships with partners, funders and our beneficiaries Progress: we challenge ourselves to continually improve and d¢velop new projects and services to Jneet emerging needs Page I
Connectin CommuT]ities in Berkshir¢ Ltd rt of the TNstees for the Year Ended 31 March 2025 OWEcfIvES AND ACTIVITIES Objectives and aims The charity's objectives {th¢ Objects) are to prornote any chitable PUTpose for the benefit of the communities in Berkshire and in particular, but not exclusively: Communtty capacity building in urban and nwal communities to ensure equality and diversity of opportunities and sustainable regeneration. Inforniation, advice, supporL trdining and personal development for the benefit of individuals and organisations within the voluntary and community sector. Inforniation, advice, support and training for the benefil of communities, village and community buildings, community group5 and individuals within th¢ public and voluntary sectors. Infomiation. advice, support, training and the advancement of education for the benefit of disadvantaged groups and individuals, elderly people, and young pwple. These Objects were approved at the Annual General Meeting on 14 July 2009 and there have been no subsequent changes to th¢m. Page 2
Conneclin Communities in Berkshire Ltd R ort of the Trustees for the Year Ended 31 March 2025 ACHIEVEMENT AND PERFORMANCE Charitsble 2etlvlties Our work prograTllTne in 2025 continues to be directed by activities that contriliut¢ towards the achievement of our three strategic aims identified by CCB'S staff team and trustees, and contained within our strategic plan: Reducing povety & n] disadvantage ]mproving nwal health & wellbeing InrTeasing digital inclusion & social connectedness These aims serve as the cornerstone of our business development WOTk and represent our commiknent to our beneficiari¢s across Berkshire. Details of the progress we have made towards achieving these aims can be found in our Impacl ReporL which also describes our ongoing work to improve and expand the support we offer. The report can be found on our website- www.ccberks.o The national financial situation in the summer of 2025 remains difficult. Successive Governments have struggled to get the public fmances under control and funding cuts are likely in the autunm spending review. ]nflation, which seemed to be coming down this year, saw a surprise incr¢ase in July, which, along with rising unemployment could lead to further int¢T¢st rate cuts. There is less m¢dia rhetoric around the financial crisis and the cost of living, bui families and many organi5ations in the voluntary and community s¢clor ar¢ still feeling the impacts of rising rosts and income difficulti¢s. Too often service delivery is focused on areas where population is at its most dense. Peopl¢ living in the more sparsely populated are&s of Berkshire, particularly those without their own transport, face added costs in both time and money to acces5 basic services (leisure, retail, health, empli)yment et¢.) that people in urban areas take for granted. Older people and the young in particular will Continue to face added isolation and social deprivation unless more service providers reeognise the benefits of outreach service delivery models. taking servirxs out into the community and utilising the network of village halls for example, to access customers and service users where they live. Approximately l(K),000 people in Berkshire liv¢ in a nwal community. But we get the impression that all too often th¢ needs of people who live and work in the countyside in Berkshire and beyond are overlooked. Improving the range of services delivered on an outreach basis in rural communities is one way of improving this situation. Improving access to services helps to reduce the need to travel, saving rural TesÉdents both time and money. We continue to advocate for greater use of village halls and other community buildings by service providers and will WO with local policy makers to include outreach delivery as part of their service delivery strategies. Access to affordable housing for people growing up in rural communities continues to be a key issue. Funding from Defra via ACRE for OUF Rural Housing Enabler project enables CCB to support rural communities to evidence the need for affordable homes foT people with a lo connection. This is a long-terni project requiring long-terni and consislent funding, aTJd we await news in the autunm of an ongoing collllnitment by Government to conttnue this vital project. We have reached the mid-way point of our 5-year 2151 Century Halls project and are well on the way to achieving our target of 80 halls receiving support through this National Lottery-fimded projert. We have recently chosen the National Innovation Centre for Rural Enterprise (NICRE) as our learning partner and the first report from them shows some very ¢ncouraging outcomes from this wo. We look forWd lo the next phase of this research. TSt¢eS of the Charity have had due regard to the Charity Commission's guidance on public benefit and are content Ihat decisions made by them comply with these requirements. Further infornjation on the work of the charity during the y¢ar can b¢ found in our Impact Report, published s¢parately. Fundraising activities CCB doesn't employ professional fundraisers or invest money in raising donations from th¢ general public. Our ndraising activilies focus on approaching grant funders and charitable ljusts, selling m¢mbership services to some of our beneficiaries and enlering into Service Level Agreements, mainly with public s¢dor bodies, to deliver services on their behalf. We have recently revised and updated our fundraising policy to reflect our currenl income generation ambitions. Page 3
Connectin Communities in Berkshire Ltd rt of the Trust¢ for the Year Ended 31 March 2025 FINANCIAL REVIEW Perfornianee The overall surplus for the year as shown on the statement of financial activities was £6,641 (2024: £18,905). The net surplus for the year on unrestricted fimds (representing core activities) amounted to £6,641 (2024: £18,905). The balance carried forward (unr¢stricted) at 31 March 2025 was £80,074 (2024: £73.433). The net SUTplus for the year on restricted funds amounted to £0 (2024.. £0). The balance cgrried foTwaTd (restrt¢ted) at 31 March 2025 was £0 (2024.. £0). The notes to the financia] statements sumn)Th the yearfs movenlents oll each fund. Restricted funds relate to specifically fimded pmjects for which income and expenditure balance over the period of theiI operation. However, receipts and payments are not always in step in the short tenn and balallces held at any given date w vary. The key tools used by the Charity to maintain tight financial controls are: l. The Budget: broken down into central cor¢ costs and costs for each key project or servic¢ 2. Cash-flow analysis- showing all income and expenditure, with a projected cash-in-hand figure and required contingency reserve figure on a monthly basis. 3. Reserves Policy: describing th¢ key fmancial risks the charity fares with appropriate mitigating action4 including the sums held in re5¢rve to enable actions to be taken if required. These tools are regularly updated and reviewed by th¢ Board at their meetings durtng the year. Reserves po15cy CCBS Reserves Poliry aims to keep suffjcient unrestricted reserves to allow the charity to continue to operate through periods of income uncertainty, lo meet legal reqU1MentS and to cover ¢osts relating to a longer-terni re-organisation in the ¢vent of a prolonged downturn in income. Reserves are required to cover unforeseen operational risks such as staff illness and short-temi funding gaps. This will facilitate continuity of delivery while grants are being renewed and alternatives sought. In addition to this operational reserve, a small sum is required to cover unforeseen legal or arKountancy costs and funds to cover office lease liabilities. The trust¢es consider that target reserves should be £45,804 to cover these risks. In order to plan for the future and prepare for an end to CCB'S current National Lottery grant in September 2027, trustees have set aside a designated fimd of £22.574 for new project development. This sum has been designated for the development of significant new areas of work and is not to be used to nd the current work programme. All existing areas of work require ongoing fundraising to ensure continued delivery. Cutrent reserves of £80,074 meet these targets. This policy is fornially reviewed by Trustees on an annual basis. FUTURE PLAIYS In our Impact Repo¢ published separately. we set out a s¢ries of goals for the coming year. Given our sound fmancial footing, w¢ plan to invest resources to generate additional fimds and free up our specialist team to increas¢ theiT fronl]ine work. further benefitting our communities. We are particularly keen to expand on the following: The environmental and energy wfomiance agenda through the cornmunity buildings work Community development capacity to support nErdl communities to articulate and realise their own ambitions, providing multiple benefits across rural health and wellbeing Developtng new partnerships to increase outreach service pmvision in rural communities 4. Our fuel poverty advice seryice: by numbers our most impactful project. This is eminently scalable and could help communities with all aspects of managing the cost of living STRUCTURE, GOVERNANCE AND MANAGEMENT GoverDing document The Charity is a ¢harilable company limited by guarantee, incorporated on 16 June 1996 and registered as a charity on 25 June 1996. The company was established under a Memorandum of Association which established ihe obje¢ts and powers of the charitable company and is governed under its Articles of Association. In the event of the Company being wound up members are required to contribute an amount not exceeding £10. Page 4
Connectin Communities in Berkshire Ltd rt of the Trustees f r the Year Ended 31 m¢h 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational slrueture The affairs of Connecting Cojnmunities in Berkshire Ltd are controlled by a Board of Trustees. Board members ar¢ either elected or co-opted in accordance with the Articles of Association. The Board of Trustees meets quarterly. Connecting Communities in Berkshire Ltd is a membership organization that is open to membership from individuals and organizations across the county that are sympathetic to its aims and objectives. Trustee5 aTe drawn from the membership and are invaluable in ensuring that the organization continues to deliver its mission effectively through understanding of the changing needs, policy framework and fimding streams. Induclion 2nd traiIiiDg of new trnstees CCB uses a skills matrix to record Trustee's skills and competencies against 60 different criteria. Recruitment activity is tsilored depending Im existing Trustee's skills and competencies to ensure gaps in skills can be filled by new Trustees. As Trustees approach their retirement date. analysis througb the skills matrix enables the organisation to identify skills that will be required once they stand down. New TnteeS are ass15ted in familiarksing themselves with the charity and the context within which it operat¢s through a thoiough indudion prncess, which covers: The obligations of TTUStees The main docum¢nts which set out the operational framewo for the charity including the Memorandum and Articles of Association. Resourcing and the cuent fmancial position as set out in the latest publish¢d accounts. Future plans and objectiv¢s. Risk management The Trustees have assessed the major risks to which the Charity is exposed and are satisfied that Systems are in place to mitigate exposure to the major risks. Where appropriate, systems or procedures have been estsblished to mitigate the risks the charity faces. Significant external risks to ndIng have led to the development of a strategic plan which allows for the diversification of funding and activities. Interna] control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure Compliance with health and safety of staff, voluntsers, clients and visitors to the otTices. These procedures are periodically reviewed to ensure that they continu¢ to meet the n¢ed5 of the charity. Major financial risks that hav¢ been identified and quantified are detalled in the notes to the accounts. REFERENCE AND ADMINISTRATIVE DETAII Registered Company number 03212736 (England and Wales) Registered Charity number 1056367 Regfistered offjce Unit I l Diddenham Business Park Diddenham Court, Lambwood Hill Grazeley Reading Berkshire RG7 IJQ Page 5
Connectin Communities in Berkshire Ltd Re rt of the Trnstees for th Year Ended 31 March 2025 Trustees M Nevitt (CCB Chatr) C Salzedo (Hon. Treasurer) PThorn A Hedges - retired as a Trustee on 13th June 2024 S Morland L Herbert P Beddoes D Oram The Directors of the compomy are also charity Trustees for the purposes of Charity law. Under the r¢quirements of the Memorandum and Articles of Association the members of the Board of Trustees are elect to serve for a period of three years after which they must be re-elected at the next A1Ual General Me¢ting. Company Secrethry T Parry Independent Examiner David Edmonds EDMONDS ACCOUNTANCY LIMITED Unit I I, Diddenham Bus Park, Diddenham Court Grazeley, READING Berkshire RG7 IJQ Aeeountant$ Edmonds Accountancy Ltd Unit I l Diddenham Business Park Diddenham Court Grazeley Reading Berkshire RG7 IJQ Approved by order of the board of trustee5 on 4th September 2025 and signed on its behalf by: T Pa . Secretary Page 6
Ind¢ endent Examiner's R rt to the Trustees of Connectin Communities in Berkshire Ltd Independent examiner's report to the trustees of Conneeting Communitles in Berkshlre Ltd ('the Company,) I report to the charity trustees on my examination of the acllnts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the thaTity'S trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with th¢ requirements of the Companies Act 2006 Cthe 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited und¢r Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the chltieS Act 2011 (Yhe 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) 01) of the 2011 Act. Independent examiner's ststement I have completed my examination. I confwm that no matt¢rs have con]¢ to my attention in connection with the examination giving Tre cause to believe- accounting records were not ke0 in respect of the Company as reqUid by Sertion 386 of the 2006 Act. or the accounts do not accord with those Tecords, or the accounts do not comply with the a¢countAng requiTcments of Sertion 396 of the 2006 Ad 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 Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance 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 b¢ thawn in this report in order to enable a proper understanding of the accowits to be reached. David Edmonds EDMONDS ACCOUNTANCY LIMITED Unit I l. Diddenham Bus Park. Diddenham Court Grazeley. READING Berkshire RG7 IJQ 4 October 2025 Page 7
Connectin C4)mmunities in Berkshire Ltd ststement of Financial Activities for th¢ Year Ended 31 March 2025 31.3.25 Total nds 31.3.24 Total funds Unrestricted funds Restricted funds Noles INCOME AND ENDOWMENTS FROM Charitsble aetivities Government Agencies Local Authorities Corporate and other.agencie5 Sales and subscriptions 87,885 3,518 88,158 14258 87,885 5,972 93,158 15,929 30,064 51,887 97,631 12,983 2,454 5,000 1,671 Investment incorne 696 Total 193 819 205 007 193,261 EXPENDITURE ON Charit8ble aellvities Activities undertaken directly 193 819 198,366 174 356 NET INCOME (EXPENDITURE) io N¢t movement in funds 6,641 6,641 18,905 RECOIYCILIATION OF FUNDS Total funds brought forward 73,433 73,433 54,258 TOTAL FUNDS CARRIED FORWARD 80.074 80.074 The notes fonn part of these fmancial statements Page 8
Connectin Communities in Berkshire Ltd Statement of Financial Position 31 March 2025 31.3.25 Total funds 31.324 Total fun(Iq Unrestrirted funds Restricted fijnds Not¢s FIXED ASSETS Tangible assets Investments 1,000 1,000 1.000 1,000 CURRENT ASSETS Debtors Cash at bank 5.820 78,453 4,290 42.793 10,iio 121.246 12,356 109 401 84273 47,083 131,356 121,757 CREDITORS Amounts falling du¢ within one year (5,199) (47,083) (52,282) (49,324) NET CURRENT ASSETS 79,074 TOTAL ASSETS LESS CURRENT LIABILITIES 80,074 80,074 73,433 NET ASSETS 80,074 73,433 FUNDS Unrestricted funds 10 TOTAL FUNDS The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its fancial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing fmancial statements which give a true and f2Ar view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or defjcit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relaling to fjnancial statements, so far as applicable to the charltable rompany. (b) The notes forn] part of these fanCIal statements Page 9 continued...
Connectin Communities in Berkshire Ltd Statement of Financial Position - continued 31 March 2025 These fmancial statements have been prepared in accordance with the provisions applicable to charitable Companies subject to the small companies, regime. The financial slatements were approved by the Board of Truste¢s and authorised for issue on 4th September 2025 and were signed on its b¢half by: byj M Nevitt - Truslee The notes fom part of these financial statements Page 10
Connectin Communities in Berkshire Ltd Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basfis of preparing the financial statemenls The financial statements of the charitabl¢ company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'AccouDting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their a¢¢ounts in accordance with the Financia] Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Stan(lard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial stat¢ments have been prepared under the historical cost convenlion. with the exception of investments which are included at market value. Income All income is recognised in the Statemenl of Financial Activities once the charity has entitlement to the fimds, it is probabl¢ that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable thal a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost relaled to the category. Where costs cannot b¢ directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at ihe year end date are noted as a commitment but not accrned as expenditure. Tangible flxed assets Depr¢ciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings Taxation The charity is exempt from COTporation t&x on its charitable activities. Fund aceounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustee5. Restricted fijnds can only be used for particular restricted puryioses witbin the objects of the charity. Restrictions aTise when specified by the donor or when fuJ)ds ar¢ raised for particular r¢stricted purpos¢s. Further explanation of the nature and purpose of each nd is in¢luded in the notes to the financial statements. PensRon costs ind oth¢r post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Stat¢ment of Financial Activities in the period io which they relate. Pagell continued...
Connectin Communities in Berkshire Ltd Notes to the Financial Statements- continued for the Year Ended 31 March 2025 INVESTMENT INCOME 31.3.25 31.3.24 Deposit account int¢rest 2,063 696 TRUSTEESI REl[uNERATIoN AND BENEFITS There were no tsvstees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS The average monthly number of employees during the Yar was as follows: 31.3.25 31.324 Chief Operating Officer Administration Proj¢¢ts No employees received emoluments in excess of £60.000. Page 12 continued...
Connectin Communities in B*shire Ltd Notes to the Financial Statements- continued for the Y¢ar Ended 31 March 2025 TANGIBLE FIXED ASSETS Fixtures fittings COST At l April 2024 and 31 March 2025 8.387 DEPRECIATION At l April 2024 and 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 Mawh 2024 Tallgible &%sets are held at Nil value FIXED ASSET INVESTMENTS Shares in group UDdertakings MARKET VALUE At l April 2024 and 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 There were no Investment assets oulside the UK. The ¢ompany's investments at the balance sheet date in the share capital of companies include the following: IKU Services L5mited Registered office: Unit I l Diddenham Business Park, Diddenham Court, Grazeley, Reading, Berkshire. RG7 iJo Nature of business: DoTmant Class of share: dinary holding loo 31.3.25 31.324 Aggregate rapital and reserves 1,000 1,000 Page 13 continued...
Connectin Communities in Berkshire Ltd N(Aes to the Financial Statements - continued for the Year Enaed 31 March 2025 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31,3.24 Trade debtors Oth¢r d¢blors 6,190 2,382 1,225 313 7,204 2,604 1,123 Prepayments and acfflied income 12,356 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.324 Trdde creditors Amounts owed to group widertakings Other creditors Accruals and deferred income Deferred goven)ment grants 1,635 1,000 237 2,327 354 1,000 366 652 MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 31.3.25 At 1.4.24 Unrestrieted fuDds General nd 73,433 6,641 80,074 Restricted funds RestrACted TOTAL FUNDS 73,433 Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General nd 193,819 (193,819) Restrl¢t¢d funds Restricted 11,188 (4,547) 6,641 TOTAL FUNDS 205 007 198,366) Page 14 conlinued...
Connectin C mmunities in Berkshire Ltd Notes to the Financial Statements - continued for the Year Ended l March 2025 10. MOVEMENT IN FUNDS - continued Comparatives for movement In funds Net movement in funds Transfers between funds At 31.3.24 At 1.4.23 Unrestrieted funds General fund 54,528 (25,603) 44,508 73,433 Reytricted fund5 RestTiCted 44,508 (44,508) TOTAL FUM)S 73,433 N¢t movement in funds, included in the above are as follows". Incoming resourc¢s Resources expended Movement in ndS Unrestricted funds General fund 14,464 (40,067) (25,603) Restrfi¢ted funds Restricted 178,797 (134,289) 44,508 TOTAL FUNDS 193 261 174 356) 18.905 Transfers between funds Transfer between funds represents the contribution to core costs made by projects fimded through restricted income. RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 31 March 2025. Pag¢ 15
Connectin Communitie5 in Berkshire Ltd Detailed Statement of Financial Activities for the Year Ended 31 March 2025 31.3,25 31.324 INCOME AND ENDOWMENTS Investment income Deposit account interest 2,063 696 Charffitable activities Grants 202,944 192,565 Total incoming resourc¢s 205,007 193,261 EXPENDJTURE Charitable activities Wages Social security Pensions Consultancy and professional 138,911 11,242 6,758 6,772 113,044 9,038 4,482 12,416 163,683 139,340 Support Costs Olber Office equipment Insurance Accommodation Travel costs General office ¢xpenses Subscriptions Recruitment cost 2,513 1,806 10,258 1,333 8,707 5,186 4,084 1,778 11,433 1,173 6,323 4,976 55 29,803 29,822 Governanee costs Training and conferences Accountancy fees Bank charges 1,038 3,810 32 1,562 3,600 32 4,880 Total resources expended 198,366 174 356 Net ineome This page does not fonn part of the statutory financial statements Page 16