thc year endcd 31 Augi* 2023.
Bristol
BS8 21S
Date: 30 Novanbrz 2023

unrestric￿ Funds
Restrlcted/Des¥nated Funds
Bulld1￿ Fund
Educatlcm Fund
39￿73
46N50
-14.8%
Others
Endowment Funds
Totsl Funds
39573
46,450
-14.8%
Ratlo of Reserves to Annual
Operatlrq Expendlture
27%
The reserves that have set aslde provlde ilna￿la1 stsblllty and the mean5 for the development of
our prindpal actfvitle& We Intend to iwease our re*r¥e5 to a level whlth15 at least equlvalent to
£51,8(K) that we belleve wlll be en￿ to ¢ater for our needs In the next flnandal year. Thts Is 8fven
our n••d to hav• •rK)￿h Cath Flow and the prospect of other ￿ntualItIe& suth as the closure of
the ￿*Yor0uP and the need to pry for redwthw to ￿1 the >t•ff. We Intend to use the reserws In
th• folk>wlrva rn*nner In th• Iln•rtl•l ywr 202>20
A) Should local aut*￿ fundlry be vAthdrawn. or a fatal sltuatlon occur4 that would requlrn
the dosurn of the playgrw and th• of all th• staff. a r•s•r¥• of £4L8Crf) h•$
been set aslde to enable thes• WKMWrts to Ix pald. Thls tl8ure has been cakulated to oter
for thls event at any thne durlry the year and Indudes. Pay In Ueu of Notlce. pay for the
Current Worklrq Month. estlmated unpald Hollday Pay ar￿ RedwwJaKy Pay. for all current
employees.
B) £10,1￿ of our reSer￿S Is set aslde to cater for 'cash requkements. Thls represents
approxlmatety *weeks of ow cash lknw expermkn. We ftd this to be wudent and
necessary.
The 808rd of Tntstees wlll arKKwlly rtsiew the arnwnts of reswve5 that requlred to ensure that
they are adequate to fuml our mntlnulry obl*a
Slgned Chalrnwn of the Board of Trustees

o4gH IN MIIID
lNLfvWDRE4WfftPA￿th
INLANDREYEX
S&7

￿￿ENDAP￿EFÉÈ￿
4ts
PAYMENTS FQR iWF¢JH
tIlAflEa&EMPLU*ERJ flL
RENT
tsILiEQElhrn•M1•31*m
274
CNLD*NS8IiIQ(9
L4YS
TEl£P￿NE
127A07