## **Round Table Children's Wish Limited**
**Charity No. 1060225**
**Company No. 03298944**
**Trustees' Report and Unaudited Accounts**
**31 December 2024**
**Round Table Children's Wish Limited Contents**
||Pages|
|---|---|
|Trustees' Annual Report|2|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6|
|Summary Income and Expenditure Account|7|
|Balance Sheet|8|
|Notes to the Accounts|9-16|
Page 1
**Round Table Children's Wish Limited Trustees Annual Report**
The Trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2024. The Chair of the Trustees is also a director of the charity for the purposes of the Companies Act 2006.
## **OBJECTIVES AND ACTIVITIES**
The principal objective of the Charity is to relieve the suffering of children with life- threatening illness by granting the wish that they most desire in the world.
## **Public benefit**
The charity operates for the public benefit by granting the wishes of children with life threatening illness. The trustees have had due regard to the Charity Commission guidance on public benefit.
## **Significant activities**
The primary aim of the charity is to grant wishes to children with life threatening illness and during the year the number of wishes granted totaled 4 (2023:17). . For privacy reasons, many of the wish details cannot be shared. The number of wishes has fallen, chiefly due to referrals remaining low compared to pre-pandemic levels, requests for financial support that we are unable to assist with, and foreign travel wishes are currently not being accepted. No previously requested overseas travel wishes remain to be fulfilled, all having been converted to UK travel, tangible items or withdrawn
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
## **An example of a Wish granted during 2024.**
## **Drumming Lessons – continued support**
Carlos was referred to us by Julia’s House Hospice in Dorset, where he receives respite care. Carlos is 14 years old and lives in Christchurch with his family. He has Duchenne Muscular Dystrophy, a muscular wasting condition. Carlos takes great pleasure in playing the drums and has been having lessons. For his wish he asked if we could support some additional lessons. Other than the enjoyment he gets from playing it is proving very beneficial for his muscle strength. As he is restricted in many activities it also helps him mentally to be so engaged with music.
With the support of his drum teacher, Tim Wheeler, we are delighted to be able to continue to help.
We wish Carlos all the best with his future lessons.
## **FINANCIAL REVIEW**
## **Financial position**
The charity had incoming resources of £61,233 (2023- £106,561) and expenditure of £62,427 (2023£66,487) leading to a total net deficit of £1,194 (2023- deficit of £59,926). The deficit is due to the continued fall in donations income during the year caused by reduced fundraising activity taking place and alterations to giving patterns experienced post Covid. Trustees therefore consider the going concern basis of accounts preparation appropriate.
Reserves at the financial year end amounted to £34,758 (2023- £35,952) of which £28,486 (2023£23,859) is restricted.
Page 2
**Round Table Children's Wish Limited Trustees Annual Report**
## **Reserves policy**
Reserves are needed to maintain funds so that wishes can be granted and working costs funded when income falls below current expenditure, It is the policy of the trustees to maintain reserves at a minimum level equivalent to three months total expenditure.
This level has been based on an appraisal of the type of income we receive and its frequency. This policy is monitored monthly when reviewing cash flow and reserves and reviewed on an annual basis. The charity defines free reserves as unrestricted general funds less any fixed assets.
At the beginning of 2024 the charity's reserves were at an acceptable level.
At the year end the free reserves of the charity were £6,272 (2023 – £10,805) Whilst this sum in reserves is slightly below the sum required under the charities reserves policy, (2.6 months as opposed to 3 month) it is anticipated, with gift aid due, that the 3 months cover will be returned during February and as such not deemed a risk
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. 03298944**
## **Charity No. 1060255**
## **Principal Office**
14 Alder Hills Poole BH12 4AS
## **Registered Office**
14 Alder Hills
Poole BH12 4AS
## **Directors and Trustees**
The Director of the charitable company is its Chair of Trustees for the purposes of charity law.
G.J. Meadwell
## **Trustees**
S. Holt (Resigned 18 December 2024)
A. Hussain (Resigned 18 December 2024)
G.J. Meadwell D.P. Sharp (Appointed 18 December 2024) M. Newby (Appointed 18 December 2024)
## **Company Secretary**
P. Farnfield
Page 3
**Round Table Children's Wish Limited Trustees Annual Report**
## **Accountants**
Bunbury Bookkeeping Ltd
17 Bunbury Road Bury St Edmunds Suffolk IP32 6HU
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the Board
G.J. Meadwell Trustee
Dated 31[st] October 2025
Page 4
**Round Table Children's Wish Limited Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Round Table Children's Wish Limited**
I report to the charity trustees on my examination of the financial statements of Round Table Children's Wish Limited for the year ended 31 December 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act).
Having satisfied myself that the financial statements 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 your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in accordance with section 386 of the 2006 Act; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the financial statements 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 be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Melane Camden FMAAT FCCA Bunbury Bookkeeping Ltd 17 Bunbury Road Bury St Edmunds Suffolk IP32 6HU
Dated 31[st] October 2025
Page 5
**Round Table Children's Wish Limited Statement of Financial Activities**
## **for the year ended 31 December 2024**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
Investments
6
Other
7
**Total**
**Expenditure on:**
Raising funds
Charitable activities
Other
8
**Total**
Net gains on investments
**Net expenditure**
Transfers between funds
**Net expenditure before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
24,613
29,219
2,081
320|**Restricted**
**funds**
**2024**
**£**
5,000
-
-
-|
**Total funds**
**2024**
**£**
29,613
29,219
2,081
320|**Total funds**
**2023**
**£**
55,888
47,066
3,607
-|
|---|---|---|---|---|
||56,233
9,148
3,089
49,817|5,000
-
373
-|61,233
9,148
3,462
49,817|106,561
8,423
32,639
125,425|
||62,054
-|373
-|62,427
-|166,487
-|
||-|-|-|(59,926)
-|
||(5,821)
-|4,627
-|(1,194)
-|(59,926)
-|
||(5,821)
12,093
6,272|4,627
23,859
28,486|(1,194)
35,952
34,758|(59,926)
95,878
35,952|
Page 6
**Round Table Children's Wish Limited Summary Income and Expenditure Account**
## **for the year ended 31 December 2024**
|Income
Interest and investment income
**Gross income for the year**
Expenditure
Interest payable
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net expenditure before tax for the year
**Net expenditure for the year**|**2024**
**£**
59,152
2,081
61,233
61,943
-
484
62,427
(1,194)
(1,194)|**2023**
**£**
102,954
3,607|
|---|---|---|
|||106,561|
|||165,018
15
1,454|
|||166,487|
|||(59,926)
(59,926)|
Page 7
**Round Table Children's Wish Limited Balance Sheet**
## **at 31 December 2024**
|**at 31 December 2024**||||
|---|---|---|---|
|**Company No.**
**03298944**|**Notes**|**2024**|**2023**|
|||**£**|**£**|
|**Fixed assets**||||
|Intangible assets|12|-|-|
|Tangible assets|13|-|484|
|||-|484|
|**Current assets**||||
|Debtors|14|-|5,322|
|Cash at bank and in hand||36,638|53,157|
|||36,638|58,479|
|**Creditors:**Amount falling due within one year|15|(1,880)|(23,011)|
|**Net current assets**||34,758|35,468|
|**Total assets less current liabilities**||34,758|35,952|
|**Net assets excluding pension asset or liability**||34,758|35,952|
|**Total net assets**||34,758|35,952|
|**The funds of the charity**||||
|**Restricted funds**|16|||
|Restricted income funds||28,486|23,859|
|||28,486|23,859|
|**Unrestricted funds**|16|||
|General funds||6,272|12,093|
|||6,272|12,093|
|**Reserves**|16|||
|**Total funds**||34,758|35,952|
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with the Companies Act 2006 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year which comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 31[st] October 2025 and signed on its behalf by:
G.J. Meadwell Trustee/Director Page 8
**Round Table Children's Wish Limited Notes to the Accounts**
## **for the year ended 31 December 2024**
## 1 **Accounting policies**
## **Basis of preparation**
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 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable.
Page 9
**Round Table Children's Wish Limited Notes to the Accounts**
## **Expenditure**
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Intangible assets 20% on cost Fixtures & Fittings 20% on cost
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Stocks**
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Page 10
**Round Table Children's Wish Limited Notes to the Accounts**
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
## 2 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
## 3 **Statement of Financial Activities - prior year**
|**Income and endowments from:**
Donations and legacies
Charitable activities
Investments
Other
**Total**
**Expenditure on:**
Raising funds
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
Transfers between funds
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2023**
**£**
36,296
47,066
3,607
-
86,969
8,423
25,718
125,425
159,566
(72,597)
(72,597)
(1,000)
(73,597)
85,690
12,093|**Restricted**
**funds**
**2023**
**£**
19,592
-
-
-
19,592
-
6,921
-
6,921
12,671
12,671
1,000
13,671
10,188
23,859|**Total funds**
**2023**
**£**
55,888
47,066
3,607
-|
|---|---|---|---|
||||106,561
8,423
32,639
125,425|
||||166,487|
||||(59,926)|
||||(59,926)
-|
||||(59,926)
95,878
35,952|
Page 11
**Round Table Children's Wish Limited Notes to the Accounts**
|4
**Income from donations and legacies**
Donation
Gift Aid
Legacies
Grants
5
**Income from charitable activities**
Fund Raising & Event Income
London Marathon
Round Table Clubs
Other runs
6
**Income from investments**
Rents received
Deposit account interest
7
**Other income**
Lottery|**Unrestricted**
**Restricted**
**£**
**£**
12,413
-
5,802
-
-
-
6,398
5,000
24,613
5,000
**Unrestricted**
**£**
2,985
24,574
1,660
-
29,219
**Unrestricted**
**£**
636
1,445
2,081|**Total**
**2024**
**£**
12,413
5,802
-
11,398
29,613
**Total**
**2024**
**£**
2,985
24,574
1,660
-
29,219
**Total**
**2024**
**£**
636
1,445
2,081
**Total**
**2024**
**£**
320
320|**Total**
**2023**
**£**
28,226
7,570
500
19,592
55,888
**Total**
**2023**
**£**
8,217
25,281
13,303
265|
|---|---|---|---|
||||47,066|
||||**Total**
**2023**
**£**
1,111
2,496|
||||3,607|
||||**Total**
**2023**
**£**
-|
||||-|
## 5 **Income from charitable activities**
Page 12
**Round Table Children's Wish Limited Notes to the Accounts**
## 8 **Expenditure on charitable activities**
|Bank loan and overdraft
interest payable
Employee costs
Motor and travel costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
9 **Net expenditure before transfers**
This is stated after charging:
Depreciation of owned fixed assets
Independent Examiners fee
10 **Trustee remuneration and expenses**|500
**Unrestricted**
**£**
-
29,707
2,648
3,891
484
11,452
1,635
49,817
**2024**
**£**
484|
**Total**
**2024**
**£**
-
29,707
2,648
3,891
484
11,452
1,635
49,817|**Total**
**2023**
**£**
15
87,154
9,781
5,780
1,454
20,632
609|
|---|---|---|---|
||||125,425|
||||2,400
**2023**
**£**
1,454|
The nature of the reimbursed expenses
There were no trustees remuneration or other benefits or expenses paid for the year ended 31 December 2024 or for the year ended 31 December 2023
## 11 **Staff costs**
|**Staff costs**|||
|---|---|---|
|Salaries and wages
Social security costs
Pension costs|**2024**
28,270
744
693
29,707|**2023**
85,363
541
1,250|
|||87,154|
No employee received emoluments in excess of £60,000.
The average monthly number of full-time equivalent employees during the year was as follows:
|Head Count|**2024**
**Number**
2
2|**2023**
**Number**
4
4|
|---|---|---|
Page 13
**Round Table Children's Wish Limited Notes to the Accounts**
|12**Intangible fixed assets**
**Cost**
At 1 January 2024
At 31 December 2024
**Amortisation and**
**impairment**
At 1 January 2024
At 31 December 2024
**Net book values**
At 31 December 2024
At 31 December 2023
13**Tangible fixed assets**
**Cost or revaluation**
At 1 January 2024
At 31 December 2024
**Depreciation and**
**Impairment**
At 1 January 2024
Depreciation charge for the
Year
At 31 December 2024
**Net book values**
At 31 December 2024
At 31 December 2023
14 **Debtors**
Other debtors
Prepayments and accrued income|**2024**
**£**
-
-
-|**Development**
**costs**
**£**
4,560
4,560
4,560
4,560|**Total**
**£**
4,560|
|---|---|---|---|
||||4,560|
||||4,560|
||||4,560|
|||-
-
**£**
7,272
7,272
6,788
484
7,272
-
484|-|
||||-|
||||**Total**
**£**
7,272|
||||7,272|
||||6,788
484|
||||7,272|
||||-|
||||484|
||||**2023**
**£**
-
5,322
5,322|
Page 14
**Round Table Children's Wish Limited Notes to the Accounts**
|15**Creditors**
amounts falling due within one year
**2024**
**2023**
**£**
**£**
Trade creditors
-
6,199
Other taxes and social security
114
7,205
Other creditors
66
-
Accruals
1,700
8,621
Deferred income
-
986
1,880
23,011
16 **Movement in funds**
**Incoming**
**Restricted funds:**
**At 1 January**
**2024**
**resources**
**(including**
**other**
**gains/losses)**
**£**
**Resources**
**expended**
**£**
**Gross**
**transfers**
**£**
**At 31**
**December**
**2024**
**£**
**Restricted income funds:**
A Cooper Dean– Dorset wishes
3,120
-
(373)
-
2,747
A Cooper Dean – Dorset &
Hampshire
-
5,000 - - 5,000
Tayside NHS
15
-
-
-
15
Jims 60th
613
-
-
-
613
National Lottery Award for all
5,450
-
-
-
5,450
Souter Foundation
Winchester Wish
346
1,000
-
-
-
-
-
-
346
1,000
National Lottery- UK
National Lottery- Wales
3,519
9,796
-
-
-
-
-
-
3,519
9,796
_Total_
23,859
5,000
(373)
-
28,486
**Unrestricted funds: General**
**funds**
12,093
56,233
(62,054)
-
6,272
**Total funds**
35,952 61,233
(62,427)
-
34,758
Purposes and restrictions in relation to the funds:
Restricted funds:
A Cooper Dean
Restricted for wishes in the Dorset & Hampshire areas
Tayside NHS
Restricted for wishes based in Scotland
Jims 60th
Restricted for wishes based around Stourbridge
National Lottery Award for all Restricted for wish development (NE,S &NW )
Souter Foundation
Restricted for wish development in Scotland
Winchester Wish
Restricted for wish development in Winchester
National Lottery
Restricted for Wishes based around Birmingham and Wales|15**Creditors**
amounts falling due within one year
**2024**
**2023**
**£**
**£**
Trade creditors
-
6,199
Other taxes and social security
114
7,205
Other creditors
66
-
Accruals
1,700
8,621
Deferred income
-
986
1,880
23,011
16 **Movement in funds**
**Incoming**
**Restricted funds:**
**At 1 January**
**2024**
**resources**
**(including**
**other**
**gains/losses)**
**£**
**Resources**
**expended**
**£**
**Gross**
**transfers**
**£**
**At 31**
**December**
**2024**
**£**
**Restricted income funds:**
A Cooper Dean– Dorset wishes
3,120
-
(373)
-
2,747
A Cooper Dean – Dorset &
Hampshire
-
5,000 - - 5,000
Tayside NHS
15
-
-
-
15
Jims 60th
613
-
-
-
613
National Lottery Award for all
5,450
-
-
-
5,450
Souter Foundation
Winchester Wish
346
1,000
-
-
-
-
-
-
346
1,000
National Lottery- UK
National Lottery- Wales
3,519
9,796
-
-
-
-
-
-
3,519
9,796
_Total_
23,859
5,000
(373)
-
28,486
**Unrestricted funds: General**
**funds**
12,093
56,233
(62,054)
-
6,272
**Total funds**
35,952 61,233
(62,427)
-
34,758
Purposes and restrictions in relation to the funds:
Restricted funds:
A Cooper Dean
Restricted for wishes in the Dorset & Hampshire areas
Tayside NHS
Restricted for wishes based in Scotland
Jims 60th
Restricted for wishes based around Stourbridge
National Lottery Award for all Restricted for wish development (NE,S &NW )
Souter Foundation
Restricted for wish development in Scotland
Winchester Wish
Restricted for wish development in Winchester
National Lottery
Restricted for Wishes based around Birmingham and Wales|**2024**
**2023**
**£**
**£**
-
6,199
114
7,205
66
-
1,700
8,621
-
986
1,880
23,011
**Resources**
**expended**
**£**
**Gross**
**transfers**
**£**
**At 31**
**December**
**2024**
**£**
(373)
-
2,747
- - 5,000
-
-
15
-
-
613
-
-
5,450
-
-
-
-
346
1,000
-
-
-
-
3,519
9,796|
|---|---|---|
||23,859
5,000|(373)
-
28,486|
||12,093
56,233
|
(62,054)
-
6,272|
||35,952 61,233|(62,427)
-
34,758|
Page 15
**Round Table Children's Wish Limited Notes to the Accounts**
## 17 **Analysis of net assets between funds**
|**Unrestricted**
**funds**
**£**
Fixed assets
-
Net current assets
6,272
6,272
18**Reconciliation of net debt**
**At 1 January**
**2024**
**£**
Cash and cash equivalents
53,157
53,157
Net debt
53,157
19**Commitments**
**_Operating lease commitments_**
**_Pension commitments_**
**2024**
**£**
The pension commitment at the balance sheet date
amounted to: 65
20 **Related party disclosures**
There were no related party transactions for
the year ended 31 December 2024|**Restricted**
**funds**
**£**
-
28,486
28,486
**Cash flows**
**£**
(16,519)
(16,519)
(16,519)|**Total**
**£**
-
34,758|
|---|---|---|
|||34,758|
|||**At 31**
**December**
**2024**
**£**
36,638|
|||36,638|
|||36,638|
|||**2023**
**£**
1,002|
||||
The company is limited by guarantee and has no share capital; thus no single party controls the company
Page 16