Company registered number- 03239099 Charity registered number: 1058013 THE MORIAH LEGACY TRUST (A company limitsd by guarantee and registered charity) UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGUST 2025
THE NEORIAH LEGACY TRUST IA company limited by guarantee and registered chaTity} CONTENTS Page Rgforence and Administrative Detalls of the Charlty, It8 Trustees and Advlsevs Trustoes, Report Trustees. Responsibillties Statement Independent Examlner's Report statement of Financial Activltles Balan¢e Sheet Notes to the Financial Statements 9-18
THE MORIAH LEGACY TRUST IA company Ilmited by guarantee and registered charity) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 29 AUGUST 2025 Trustsgs Brian Leaver Jane Leaver Doreen Samuels Paul Levy, Treasurer Philip Gershuny, Chair Tracey Dunn lappoinled 14 May 20251 Simon Vvoldman lappointed 17 November 2025) Company reglslered number 03239099 Charity registered number 1058013 Registered office Easlcote Point Cuckoo Hill Pinner Middlesex HA5 2BB A¢¢ountant MHA charter Accountants 910 The Crescent Colchester Business Park Colchester Essex C04 9YQ Page 1
THE MORIAH LEGACY TRUST IA company limÈted by guarantee and registered charity) TRUSTEES, REPORT FOR THE YEAR ENDED 29 AUGUST 2025 The Trustees present their annual report together with the financial statements of the Charity for the year ended 29 August 2025. The Trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the company's goveming document and the provisions of the Statement of Recommended Practice ISORPI, applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. Since the Charity qualifies as small under section 382, the strategie report required of medium and largè companies under The Companies Act 2006 (Strategic Report and Directols Report) Regulation$ 2013 is not required. Purpose. objects and activities The Charity's purpose and its principal activity is to advance the Jewish religion. to relieve poverty or any other charitable purpose beneficial to the community as the Trustees shall from time to time determine. When planning the aetivities for the year, the Trustees have considered the Charity Commission's guidance on public benefit. All a¢tiMties are undertaken in relation to the purposes of the Charity as per ils goveming document. Achievements and performance The Charity continues to use Investec Wealth and Management (now known as Rathbones} to manage its funds on a discretionary basis. The main focus of the Challty continues lo be to support Jewish education and the health and wellbeing of the Jewish community and the wider community more generally. It does this by makng awards as grants lo charitable acty'vities. The following awards were made or approved during the year under review: Israeli Dance Institute Jewish Women's Ad Pinner SagOgUe JLGB Ewe's Night Owls Nahamu UniversityJewi5h Chaplaincy £15,375 £15,000 £14,800 £10,000 £20,000 £15,000 £15,000 E-I Goods for Good CommunitySecuTityTrust Camp Simcha Sadeh The Papetweight Trust £10,000 £10,000 £15,000 £15,000 £10,000 £165,175 The total awards made as agreed over the year of £165,175 is slightly higher than the 4% pa target set by the Trustees, but considered to be an acceptable allocation in all the circumstances. Page 2
THE MORIAH LEGACY TRUST IA company limited by guarantee and reglstered charlty) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 29 AUGUST 2025 Flnancial review After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they conts'nue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. Financial review and res Tves The value of the fvnd5 under investment as at the year end does not reflect the more positive performance enjoyed in financial markets generally and by these funds in particular in the last quarter of calendar 2025. The Trustees are content with the financial performance of the funds overall and note that Rathbones, its discretionary investment advisors, monrtor the performance of the portfolio against various charitable and non- d)aritsble indices. The current investment strategy provides for a medium risk toleran with the aim of generats'ng a retum over the long term of 3°/0 above the rate of inflation. The portfolio is balanced to produce growth both in capital and income and as at the year end the majority of the funds were Invest in equities, around 200/0 in Fixed Interest se¢urib"es and the balance in alternative investments and cash. Structurej governance and management Governin document The Trust is registered with the Charity Commission under the number 1058013. The Trust is a company limited by guarantee and has no share capital. It was incorporated on 19 August 1996 and the goveming instrument is its Memorandum and Arb"cles of Association. Decision makin The Charity is govemed by the Board of Trustees who also retain day to day control of the Charty due to ils 5rnall size. oin ent and trainin of new Trustees Currently there a 7 Trustees. When the need arises, new Trustees are generally sought from personal contacts and connections with the Charity with the aim of maintaining a certain skill set within the board to ensure effective govemance. Risk mana ement The Twstees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and Èrror. The Trustees have 05sessed the major risks lo which the Trust is exposed, and are satisfied that systems are in place to mitigate exposure lo these risks. re The Trustees plan to be a grant awarding charity for at least the next 12 - 24 rnonlhs with a focus on areas hosen by the Trustees from among local community, educational, social welfare and domestic and overseas aid areas. Page 3
THE MORIAH LEGACY TRUST IA company limited by guarantee and registered charfty) TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 29 AUGUST 2025 In preparing this report, the Trustees have taken advantage of the small companies exemptions within Part 15 of the Companies Act 2006. Approved by order of the members of the board of Trustees and signed on their behalf by: Philip Ger¥huny Chair Date.. Page 4
THE MORIAH LEGACY TRUST IA company limlted by guarantee and registered charity) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 29 AUGUST 2025 The Trustees {who are also the d1ctorS of the Charity for the purposes of company lawl are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Q'ngdom Aecountsng Standards (United Kingdom Generally Accepted Accounting Praclicel. Company law requires the Trustees to prepare financial statements for each financial period. Under company law, the Trustees must not approve the financial ststemenls unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of ils incoming resources and application of resourGes, including its income and expenditure. for that period. In preparing these financial ststements, the Twstees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP IFRS 1021., make judgements and accounting estimates that are reasonable and prudent stale whether applicable UK A¢counts'ng Standards IFRS 1021 have boen followed, subject to any material departures disclosed and explained in the financial 5tstementS', prepare the financial statements on the going concem basis unless il is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate ac¢ounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible fur safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on its behalf by.. Phlllp Gershuny Chair Date.. Page 5
THE MORIAH LEGACY TRUST IA company limited by guarantee and registered ¢harfty) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 29 AUGUST 2025 Indgpgndent Examinerfs Report to the Trustees of The Moriah Legacy Trust I'the Charity.) I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 29 August 2025. Responsibilities and Basis of Report As the Trustees of the Charity land its dirertors for the purp95es of Company lawl you are responsible for the preparation of the accounts in aceordanTr with the requirement5 of the Companies Act 20061'lhe 2008 A¢VI. Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Ch?rity's a¢counts carried out under section 145 of the Charities Act 2011 I'the 2011 ACVI. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Indgpgndont Exayninor's Ststernent I have completed my examination. I confirm that no matters have come lo my attention in connection with Ihe examination giving me cause to believe.. accounting rerdS were not kept in respect of the Charity as required by section 386 of the 2006 Act., or the accounts do not accord with those records., or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination., or the accounts have not been prepared in accordance with the methods and principles of the Statement of Re¢ommended Practice for accounting and reporting by charities applicable to charities preparsng their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021. 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. Signed.. Dated: CaTr Miller ACCA MHA 910 The Crescent Colchester, United Kingdom MHA is the trading name of MHA Audit SeNices LLP, a limited liability partnership in England and Wales (registered number OC4555421. Page 6
THE MORIAH LEGACY TRUST IA Gompany lirnited by guarantee and rggistered charity) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 29 AUGUST 2025 Unrestricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations Investments 60 qll,496 82,155 82,155 Total Income 82.155 82,155 111,556 Expenditure on: Raising funds Charitable acÉivities 27,757 169.362 27,757 169.362 2Q.528 76.571 Totsl expenditure 197,119 197,119 97,099 Net {expenditureyln¢omo before net Ilossesllgains on investments (114,9641 (2,074) 1114,9641 {2,074} 14,457 429,287 Net {lossesllgains on investments Net movement in funds 1117,038} 1117,0381 443. 744 Reconcillatlon of funds: Totsl funds brought forward Net movement in funds 4,512,282 1117,0381 4.512,282 1117,0381 4,068,538 443, 744 Total fund8 carrled forward 4,395,244 4,395.244 4,512,282 The Statement of Financial Activities includes all gains and losses recogni5ed in the year. All incom& and expenditure derive from continLJing activities. The notes on pages 9 to 18 form part of these financial statements. Page 7
THE MORIAH LEGACY TRUST {A company limited by guarantee and registgred charity) REGISTERED NUMBER: 03239099 BALANCE SHEET AS AT 29 AUGUST 2025 2025 2025 2024 2024 Note Fixed assets Investments 4,252,259 4,368,943 Current assots Debtors Cash at bank and in hand 10 4. 709 142,080 146,575 146.575 146, 789 Currgnt liabilities Creditors.. Amounts falling due within one year 13,5901 (3,450) Net current assets 142,985 143,339 Totsl n•t assots 4.395.244 4,512,282 Chatlty funds Restricted funds 12 Unrestricted funds 12 4,395,244 4,512,282 Total fund8 4,395.244 4,512,282 The Charity was entiued to exemption from audit under section 477 ofthe Companies Act 2006. The members have not required the company to obtain an audit for the year in questlon in accordants with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying wth the requirements of the Act wilh respect lo accounting records and preparation of financial statements. The financial statements have been prepared in accordan with the provisions applicable to entities subject to the small companies regime. The financial statements We approved and aulhorised for issue by the Trustees and signed on their behalf by: Phlllp Gershuny Chair Date: The notes on pages 9 to 18 fomi part of these financial statements. Page 8
THE MORIAH LEGACY TRUST IA company Ilmlted by guarantee and reglstered charlty) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGUST 2025 General infomiatlon The Moriah Legacy Trust is a private company limited by guarantee and is registered with the Chartty Commission (Charity Registered Number.. 10580131 and Registrar of Companies (Company Regi*ration Number. 03239099) in England and Wales. In the event of the Charity being wound up, the liability in respect of the guarantee Is lirnited to £1 per member of the Charity. The address of the registered office is given in the Charity information on page 1 of these financial statements. The nature of the Charity's operations and principal activities are detailed in the Trustees, ReporL Accounilng pollcles 2.1 Basis of preparation of financial Statements The financial statements have been prepared in ac¢ordanee with the Charities SORP IFRS 1021 Accounting and Reporbng by Charities,. Statement of Recommended Practice applicable to charits.es preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. The Moriah Legacy Trust (previously Harrow Jewish Day School Trust) 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 slated in the relevant accounting policy. The financial statement5 are prepared on a going concem basis under the historical cost convention, modified to include certain item5 at fair value. The financial ststements are presented in sterting which is the fvnctional currency of the Charity and rounded to the nearest pound. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistenuy applied to all years presented unless otherwise stated. 2.2 Going GonGem The financial statements have been prepared on a going concern basis as the TTU5tees believe that no material uncertainties exist The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from aulhorising these ff nancial slaternenls. The budgeted income and expenditure is sufficient with the level of reseNes for the Charity to be able to continue as a going ¢oncem. Page 9
THE MORIAH LEGACY TRUST {A company limited by guarantee and registered charltyl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGUST 2025 A¢countlng pollcles lcontinugd) 2.3 Income All income is recognised once the Charity has enlittement to the income, it is probable that the income will be reiVed and the amount of income receivable can be measured reliably. For donations to be recognised the Charity will have been notified of the amounts and the setdement date in wrng. If there are conditions attached to the donation and this requires a level of perfomanTr before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the Control of the Charity and it is probably that they will be fulfilled. Grant income is recognised at fair value when the Charity has entidement after any performance conditions have been mel, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 2.4 ExpendSture Expenditure is recognised once there is a legal or constructive Obligation to transfer economic benefit to a third paty, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including 5UPPQrt costs involved in undertaking each activity- Direct costs attributable to a single activity are allocated directly to that activity. Sharèd costs which contribute to more than one activity and sUPPOrt costs which a not attributable to a single activity are apportioned beeen those activities on a basis consistent with the use of resources. Expenditure on raising funds indudes all expenditUTe incurred by the Charty lo raise funds for its tharitable purposes and includes costs of all fundraising activities events and nOnaritable trading. Expenditure on charitable activities is incurred on direcuy undertakn'ng the activities which further the Charity's objectives, as well as any associated support Costs. Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. All expenditure is indusive of irrecoverable VAT. 2.5 Interest receivable Intèrest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity,. thi5 is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. Page 10
THE MORIAH LEGACY TRUST IA company limit•d by guarantee and rggistered charity} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGUST 2025 Accounting policies (continued) 2.6 Taxation The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation lax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 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 charitsble purposes. 2.7 Investments Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet dale, unless the value cannot be measured reliably in which case it is measured at cost less impaimienL Investment gains and losses, whether realised or unrealised, are combined and presonted as 'GainsllLosse5l on investments, in the Ststement of Financial Activities. 2.8 Debtors Trade and other debtors are recognised at the settlernent amount after any trade discount offered. Prepayments are valued at the amount prepaid nel of any trade discounts due. 2.9 Cash at bank and In hand Cash at bank and in hand includes cash and short-lerm highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.10 Liabilltles and provisions Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or seNices it musl provide. 2.11 Financlal instruments As at the Balance Sheet date, the Charity only held basic Financial Instruments. The financial assets and financi31 liabilities of the Charity at this date were as follows.. Debtors - trade and other debtors (including accrued income) are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank- is classified as a basic financial instrument and 15 measured at face value. Liabilities - trade creditors. accruals and other creditor5 will be classified as financial instruments, and are measured at amortised cost as detailed in Note 7. Taxation and social security are not included in the financial instruments disclosure. Deferred income is not deemed to be a financial liability, as in the cash setuement has already tsken place and there is simply an obligation to deliver charitable services rather than cash or another financial instrument. Page 11
THE MORIAH LEGACY TRUST (A company limited by guarantee and registered chaiityl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGUST 2025 Accounting policies (contlnuedl 2.12 Fund accounting General fvnds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Inv8Stment income, gains and losses are allocated to the appropriate fvnd. Crltlcal accountlng estimatos and areas of judgement Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed lo be reasonable under the circumstances. Critical accounting estimates and assumptions.. The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definikn'on, seldom equal the related actual results. The esbmates and assumptions that have a significant risk of causing a material adjustment lo the carrying amounts of assets and liabilities within the next financial year are discussed below. Critical areas of judgement.. a) Valuatlon of Investment portfollo The preparation of the financial 5tatemenls requires the TTusle8s to make judgements and estimates in valuin9 the Charty's investment portfolio. The key judgement is in selecting appropllate valuation methods. particularty where investments are not quoted in active markets. In such cases, Trustees detemiine whether observable market data is available or whether alternative techniques should be applied. Due to the inherent uncertainty in valuing such investments, the resulting fair values may differ from the amounts realised on disposal. Changes in key assumpb'ons Could have a material impact on the valuation reported in the flnancial statements. Trustees review valuations regulady and may use external advisers where appropriate. Page 12
THE MORIAH LEGACY TRUST IA company limlted by guarantee and reglstered charltyl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGUST 2025 Income from donatlons and legacles Unrestricted funds 2025 Total funds 2025 Total funds 2024 Donatlons Parentsl voluntsry ¢ontributions 60 Total 2024 60 60 Investment Income Unvestricted funds 2025 Total funds 2025 Total funds 2024 Deposit account interesl Investment interest Investment dividends 1,627 33,131 47,397 1,627 33,131 47.397 11,363 60,834 39,299 82,155 82,1 $5 111,496 All investrment income recognised in the prior year was allocated to unr&stricled funds. Page 13
THE MORIAH LEGACY TRUST (A company limited by guarantee and registered charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGUST 2025 Anatysis of grants Grants to Institutions 2025 Total funds 2025 rolal funds 2024 Grant funding of acts"vilies 135,175 135,175 65, 850 Tolal 2024 65,850 65,850 The following grants were awarded during the year. £15,375 to Israeli Dan Institute., £15,000 lo Jewish Women's Aid., £14,800 to Pinner Synagogue., £15,000 to Camp Simcha., £1S,OQO lo Sadeh., £10,000 to JLGB., £20,000 lo Evie's Night Owls., £15,000 to Nahamu- £15,000 to University Jewsh Chaplaincy. Anatyslg of expendltuve by actlvltles Grant fundlng of aetlvltles 2025 Support costs 2025 Total funds 2025 Total runds 2024 Charitable a¢tivitie5 135,175 34,187 169,362 76,571 Total 2024 65,850 10, 721 76,571 In 2024, all expenditure was allocated to unrestricted fvnds. Page 14
THE MORIAH LEGACY TRUST IA company Ilmlted by guarantee and rggistered charltyl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGUST 2025 Analysis of expenditure by activltles Icontlnued) Analysls of support costs Total funds 2025 Total funds 2024 Activities 2025 Govemance costs Legal and professional Bookkeeping Bank charges Insurance Donations 2,915 2,915 2, 700 1, 738 750 80 453 750 59 463 30,000 750 59 463 30,000 5,000 34,187 34,187 10, 721 Governance costs recognised in the year include the independent examiners fees of £2.915 (2024 £2, 700). Trustees. remuneratlon and expenses During the year, no Trustees recewed any remuneration or other benefits (2024- £NIL). During the year ended 29 August 2025, no Trustee expenses have been incurred (2024 - £NIL). Page 15
THE MORIAH LEGACY TRUST {A company limlted by guarantee and reglstered charlty) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGUST 2025 Flxed as$et inVtrnents Listed Investments C08t or valuatlon At 30 August2024 Additions Disposals Revaluations 4,368,943 903,197 (996,0301 123,8511 At 29 August 2025 4,252,259 Net book value At 29 August 2025 4,252,259 At29AugusÈ 2024 4,368,943 10. Debtors 2025 2024 Due within one year Prepayments and a¢crued income 4,709 4, 709 11. CTeditors: Amounts falling due wlthln ono year 2025 2024 Accruals 3.590 3,450 Page 16
THE MOREAH LEGACY TRUST IA company limited by guafantee and regl$tered ¢harttyi NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGUST 2025 12. Statement of funds Statement of funds - current year Balance at 30 August 2024 Balance at Gainsl 29 August (Losses) 2025 Income Expendlture Unrestrlcted funds General Funds 4.512.282 82,155 1197.119) (2,074) 4,395,244 Statement of funds - prior year Balance 8t l August 2023 881ance at 29 August 2024 Gain (Losses) In¢ome Expenditu Unrostricted funds General Funds 4, 068,538 711,556 (97,099) 429,287 4,512,282 13. Anatysls of net assets between funds Anatysls of net assets betwegn funds - current year Unr88tricted funds 2025 Total funds 2025 Fixed asset investments 4,252,259 148,575 (3,590} 4,252,259 146,575 13,5901 Current as5els Creditors due within one year Total 4,395,244 4.395.244 Page 17
THE MORIAH LEGACY TRUST IA company limited by guarantee and reglstered chaTity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 AUGUST 2025 13. Anaty8is of net assets between funds leontinuedl Analysis of net assets between funds - prlor year Unrestricted funds 2024 Total funds 2024 Fixed asset investments Current assets Creditors due within one year 4,368,943 146,789 (3.450) 4.368,943 146, 789 (3,450) Total 4,512,282 4.512,282 14. Related party tran$a¢tlon¥ The Charity has not entered into any related paty transaction during the year, nor are there any outstanding balan$ owing between related parties and the Charty at 29 August 2025. Page 18