CHARITY REGISTRATION NUMBER: 1070877
British Friends of Mosdos Tchernobel Unaudited Financial Statements 31 March 2023
BRINDLEY GOLDSTEIN LIMITED
Chartered accountants 103 High Street Waltham Cross Herts EN8 7AN
British Friends of Mosdos Tchernobel
Financial Statements
Year ended 31 March 2023
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent examiner's report to the trustees | 3 |
| Statement of financial activities | 4 |
| Statement of financial position | 5 |
| Statement of cash flows | 6 |
| Notes to the financial statements | 7 |
British Friends of Mosdos Tchernobel
Trustees' Annual Report
Year ended 31 March 2023
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2023.
Reference and administrative details
Registered charity name British Friends of Mosdos Tchernobel Charity registration number 1070877 Principal office 160 Holmleigh Road London N16 5PY
The trustees
Rabbi N B Bindinger Mr A Schechter Independent examiner Brindley Goldstein Limited 103 High Street Waltham Cross Herts EN8 7AN
Structure, governance and management
The charity was constituted Deed of Trust dated 6 April 1998.
The day-to-day affairs of the company are administered by the trustees. It is not the intention of the trustees to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment induction and training procedures
Risk management
The trustees 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 error.
Objectives and activities
The objective of the charity are the advancement of the Orthodox Jewish Religion and Orthodox and Orthodox Jewish education.
The trustees confirm that they have given due regard the Charity Commission's guidance on public benefit.
Achievements and performance
The trustees are satisfied with the results for the year Incoming resources increased by 2%(£19,161) to £999,108 (2022: £979,947). Grants to institutions amounted to £1,070,095(2022: £931,180),an increase of 14.9%.
1
British Friends of Mosdos Tchernobel
Trustees' Annual Report (continued)
Year ended 31 March 2023
Financial review
The trustees retain reserves as necessary and where appropriate, consolidate funds in order to finance the operation of the Charity, and to make payments as appropriate.
Reserves policy
The trustees ensure that the charity has sufficient reserves to cover anticipated outgoings, In addition the trustees have received undertakings from local supporters to cover any deficit should such occasion arise. Reserve at the year end were Nil (2022 - £22,427).
Plans for future periods
The trustees anticipate that the charity will continue on a similar basis in the foreseeable future subject to satisfactory income and there are no plans for any major changes.
The trustees' annual report was approved on 8 January 2024 and signed on behalf of the board of trustees by:
Rabbi N B Bindinger Trustee
2
British Friends of Mosdos Tchernobel
Independent Examiner's Report to the Trustees of British Friends of Mosdos Tchernobel
Year ended 31 March 2023
I report to the trustees on my examination of the financial statements of British Friends of Mosdos Tchernobel ('the charity') for the year ended 31 March 2023.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do 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 any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
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.
Mr Charles Goldstein Brindley Goldstein Limited Independent Examiner
103 High Street Waltham Cross Herts EN8 7AN
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British Friends of Mosdos Tchernobel
Statement of Financial Activities
Year ended 31 March 2023
| 2023 | 2023 | 2022 | ||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | Total funds | ||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | 4 | 999,108 | 999,108 | 932,285 |
| Other trading activities | 5 | – | – | 42,718 |
| Investment income | 6 | – | – | 4,944 |
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total income | 999,108 | 999,108 | 979,947 | |
| ================================ | ================================ | ================================ | ||
| Expenditure | ||||
| Expenditure on raising funds: | ||||
| Costs of raising donations and legacies | 7 | 50,722 | 50,722 | 5,434 |
| Expenditure on charitable activities | 8,9 | 1,091,925 | 1,091,925 | 1,010,004 |
| Other expenditure | 12 | 407 | 407 | – |
| ----------------------------------------- | ----------------------------------------- | ----------------------------------------- | ||
| Total expenditure | 1,143,054 | 1,143,054 | 1,015,438 | |
| ========================================= | ========================================= | ========================================= | ||
| ----------------------------------------- | ----------------------------------------- | ----------------------------------------- | ||
| Net expenditure and net movement in funds | (143,946) | (143,946) | (35,491) | |
| ========================================= | ========================================= | ========================================= | ||
| Reconciliation of funds | ||||
| Total funds brought forward | 22,427 | 22,427 | 57,918 | |
| ----------------------------------------- | ----------------------------------------- | ----------------------------------------- | ||
| Total funds carried forward | (121,519) | (121,519) | 22,427 | |
| ========================================= | ========================================= | ========================================= |
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 7 to 15 form part of these financial statements.
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British Friends of Mosdos Tchernobel
Statement of Financial Position
31 March 2023
| 2023 | 2022 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 17 | – | 407 |
| Current assets | |||
| Debtors | 18 | 19,720 | 20,000 |
| Cash at bank and in hand | 67,584 | 59,262 | |
| ---------------------------- | ---------------------------- | ||
| 87,304 | 79,262 | ||
| Creditors: amounts falling due within one year | 19 | 185,448 | 20,652 |
| -------------------------------- | ---------------------------- | ||
| Net current liabilities | (98,144) | 58,610 | |
| ---------------------------- | ---------------------------- | ||
| Total assets less current liabilities | (98,144) | 59,017 | |
| Creditors: amounts falling due after more than one year | 20 | 23,375 | 36,590 |
| -------------------------------- | ---------------------------- | ||
| Net liabilities | (121,519) | 22,427 | |
| ================================ | ============================ | ||
| Funds of the charity | |||
| Unrestricted funds | (121,519) | 22,427 | |
| -------------------------------- | ---------------------------- | ||
| Total charity funds | 22 | (121,519) | 22,427 |
| ================================ | ============================ |
These financial statements were approved by the board of trustees and authorised for issue on 8 January 2024, and are signed on behalf of the board by:
Rabbi N B Bindinger Trustee
The notes on pages 7 to 15 form part of these financial statements.
5
British Friends of Mosdos Tchernobel
Statement of Cash Flows
Year ended 31 March 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net expenditure | (143,946) | (35,491) |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | – | 72 |
| Government grant income | – | (30,108) |
| Other interest receivable and similar income | – | (4,944) |
| Interest payable and similar charges | 983 | 3,151 |
| Loss on disposal of tangible fixed assets | 407 | – |
| Accrued expenses | – | 1,980 |
| Changes in: | ||
| Trade and other debtors | 280 | 157,769 |
| Trade and other creditors | 161,247 | 2,312 |
| -------------------------------- | -------------------------------- | |
| Cash generated from operations | 18,971 | 94,741 |
| Interest paid | (983) | (3,151) |
| Interest received | – | 4,944 |
| ---------------------------- | ---------------------------- | |
| Net cash from operating activities | 17,988 | 96,534 |
| ============================ | ============================ | |
| Cash flows from financing activities | ||
| Proceeds from borrowings | (9,666) | (81,622) |
| Government grant income | – | 30,108 |
| ---------------------------- | ---------------------------- | |
| Net cash used in financing activities | (9,666) | (51,514) |
| ============================ | ============================ | |
| Net increase in cash and cash equivalents | 8,322 | 45,020 |
| Cash and cash equivalents at beginning of year | 59,262 | 14,242 |
| ---------------------------- | ---------------------------- | |
| Cash and cash equivalents at end of year | 67,584 | 59,262 |
| ============================ | ============================ |
The notes on pages 7 to 15 form part of these financial statements.
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British Friends of Mosdos Tchernobel
Notes to the Financial Statements
Year ended 31 March 2023
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 160 Holmleigh Road, London, N16 5PY.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
Disclosures in respect of financial instruments have not been presented.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
In the process of applying the entity's accounting policies no significant judgements or key sources of estimation were made by management that have any significant effect on the amounts recognised in the financial statements.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
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British Friends of Mosdos Tchernobel
Notes to the Financial Statements (continued)
Year ended 31 March 2023
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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British Friends of Mosdos Tchernobel
Notes to the Financial Statements (continued)
Year ended 31 March 2023
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings - 15% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
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British Friends of Mosdos Tchernobel
Notes to the Financial Statements (continued)
Year ended 31 March 2023
4. Donations and legacies
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2023 | Funds | 2022 | |
| £ | £ | £ | £ | |
| Donations | ||||
| Donations and legacies | 999,108 | 999,108 | 902,177 | 902,177 |
| Grants | ||||
| Government grant income | – | – | 30,108 | 30,108 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | |
| 999,108 | 999,108 | 932,285 | 932,285 | |
| ================================ | ================================ | ================================ | ================================ |
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British Friends of Mosdos Tchernobel
Notes to the Financial Statements (continued)
Year ended 31 March 2023
5. Other trading activities
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| Fundraising events | – | – | 42,718 | 42,718 | |
| ============== | ============== | ============================ | ============================ | ||
| 6. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| Bank interest receivable | – | – | 4,944 | 4,944 | |
| ============== | ============== | ======================= | ======================= | ||
| 7. | Costs of raising donations and legacies | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| Costs of raising donations and | |||||
| legacies - Donations | 50,722 | 50,722 | 5,434 | 5,434 | |
| ---------------------------- | ---------------------------- | ----------------------- | ----------------------- | ||
| 50,722 | 50,722 | 5,434 | 5,434 | ||
| ============================ | ============================ | ======================= | ======================= | ||
| 8. | Expenditure on charitable activities by fund type | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| Charitable activities | 1,070,095 | 1,070,095 | 993,078 | 993,078 | |
| Support costs | 21,830 | 21,830 | 16,926 | 16,926 | |
| ----------------------------------------- | ----------------------------------------- | ----------------------------------------- | ----------------------------------------- | ||
| 1,091,925 | 1,091,925 | 1,010,004 | 1,010,004 | ||
| ========================================= | ========================================= | ========================================= | ========================================= | ||
| 9. | Expenditure on charitable activities by activity type | ||||
| Grant funding | Support | Total funds | Total fund | ||
| of activities | costs | 2023 | 2022 | ||
| £ | £ | £ | £ | ||
| Charitable activities | 1,070,095 | 19,850 | 1,089,945 | 1,008,024 | |
| Governance costs | – | 1,980 | 1,980 | 1,980 | |
| ----------------------------------------- | ---------------------------- | ----------------------------------------- | ----------------------------------------- | ||
| 1,070,095 | 21,830 | 1,091,925 | 1,010,004 | ||
| ========================================= | ============================ | ========================================= | ========================================= |
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British Friends of Mosdos Tchernobel
Notes to the Financial Statements (continued)
Year ended 31 March 2023
10. Analysis of support costs
| Analysis of | ||||||
|---|---|---|---|---|---|---|
| support costs | ||||||
| activity 1 | Total 2023 | Total | 2022 | |||
| £ | £ | £ | ||||
| General office | 19,912 | 19,912 | 14,945 | |||
| ============================ | ============================ | ============================ | ||||
| 11. | Analysis of grants | |||||
| 2023 | 2022 | |||||
| £ | £ | |||||
| Grants to institutions | ||||||
| Grants to institutions type 1 | 1,070,095 | 931,180 | ||||
| ----------------------------------------- | -------------------------------- | |||||
| Total grants | 1,070,095 | 931,180 | ||||
| ========================================= | ================================ | |||||
| 12. | Other expenditure | |||||
| Unrestricted | Total Funds |
Unrestricted | Total Funds | |||
| Funds | 2023 |
Funds | 2022 | |||
| £ | £ | £ | £ | |||
| Loss on disposal of tangible fixed | ||||||
| assets held for charity's own use | 407 | 407 |
– | – | ||
| ============== | ============== | ============== | ============== | |||
| 13. | Net expenditure | |||||
| Net expenditure is stated after charging/(crediting): | ||||||
| 2023 | 2022 | |||||
| £ | £ | |||||
| Depreciation of tangible fixed assets | – | 72 | ||||
| Loss on disposal of tangible fixed assets | 407 | – | ||||
| ============== | ============== | |||||
| 14. | Independent examination fees | |||||
| 2023 | 2022 | |||||
| £ | £ | |||||
| Fees payable to the independent examiner for: | ||||||
| Independent examination of the financial | statements | 1,980 | 1,980 | |||
| ======================= | ======================= | |||||
| 15. | Staff costs | |||||
| The total staff costs and employee benefits for the reporting period are analysed as | follows: | |||||
| 2023 | 2022 | |||||
| £ | £ |
The average head count of employees during the year was Nil (2022: Nil).
No employee received employee benefits of more than £60,000 during the year (2022: Nil).
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British Friends of Mosdos Tchernobel
Notes to the Financial Statements (continued)
Year ended 31 March 2023
16. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
No trustees expenses have been incurred.
17. Tangible fixed assets
| Fixtures and | ||
|---|---|---|
| fittings | ||
| £ | ||
| Cost | ||
| At 1 April 2022 | 1,628 | |
| Disposals | (1,628) | |
| ----------------------- | ||
| At 31 March 2023 | – | |
| ======================= | ||
| Depreciation | ||
| At 1 April 2022 | 1,221 | |
| Disposals | (1,221) | |
| ----------------------- | ||
| At 31 March 2023 | – | |
| ======================= | ||
| Carrying amount | ||
| At 31 March 2023 | – | |
| ======================= | ||
| At 31 March 2022 | 407 | |
| ======================= | ||
| Debtors | ||
| 2023 | 2022 | |
| £ | £ | |
| Other debtors | 19,720 | 20,000 |
| ============================ | ============================ | |
| Creditors: amounts falling due within one year | ||
| 2023 | 2022 | |
| £ | £ | |
| Bank loans and overdrafts | 10,648 | 7,099 |
| Trade creditors | 4,131 | 3,853 |
| Accruals and deferred income | 1,980 | 1,980 |
| Other creditors | 168,689 | 7,720 |
| -------------------------------- | ---------------------------- | |
| 185,448 | 20,652 |
|
| ================================ | ============================ | |
| Creditors: amounts falling due after more than one year | ||
| 2023 | 2022 | |
| £ | £ | |
| Bank loans and overdrafts | 23,375 | 36,590 |
| ============================ | ============================ |
18. Debtors
19. Creditors: amounts falling due within one year
20. Creditors: amounts falling due after more than one year
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British Friends of Mosdos Tchernobel
Notes to the Financial Statements (continued)
Year ended 31 March 2023
21. Government grants
The amounts recognised in the financial statements for government grants are as follows:
Recognised in income from donations and legacies: Government grants income
| 2023 | 2022 |
|---|---|
| £ | £ |
| – | 30,108 |
| ============== | ============================ |
22. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||||
|---|---|---|---|---|
| At | ||||
| At | 31 March 20 | |||
| 1 April 2022 | Income | Expenditure | 23 | |
| £ | £ | £ | £ | |
| General funds | 22,427 | 999,108 | (1,143,054) | (121,519) |
| ============================ | ================================ | ========================================= | ================================ | |
| At | ||||
| At | 31 March 20 | |||
| 1 April 2021 | Income | Expenditure | 22 | |
| £ | £ | £ | £ | |
| General funds | 57,918 | 979,947 | (1,015,438) | 22,427 |
| ============================ | ================================ | ========================================= | ============================ | |
| Analysis of net assets between funds | ||||
| Unrestricted | Total Funds | |||
| Funds | 2023 | |||
| £ | £ | |||
| Tangible fixed assets | – | – | ||
| Current assets | 87,304 | 87,304 | ||
| Creditors less than 1 year | (185,448) | (185,448) |
||
| Creditors greater than 1 year | (23,375) | (23,375) |
||
| -------------------------------- | -------------------------------- | |||
| Net liabilities | (121,519) | (121,519) |
||
| ================================ | ================================ | |||
| Unrestricted | Total Funds | |||
| Funds | 2022 | |||
| £ | £ | |||
| Tangible fixed assets | 407 | 407 | ||
| Current assets | 79,262 | 79,262 | ||
| Creditors less than 1 year | (5,833) | (5,833) |
||
| Creditors greater than 1 year | (51,409) | (51,409) |
||
| ---------------------------- | ---------------------------- | |||
| Net assets | 22,427 | 22,427 | ||
| ============================ | ============================ |
23. Analysis of net assets between funds
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British Friends of Mosdos Tchernobel
Notes to the Financial Statements (continued)
Year ended 31 March 2023
24. Analysis of changes in net debt
| At | |||
|---|---|---|---|
| At 1 Apr 2022 | Cash flows | 31 Mar 2023 | |
| £ | £ | £ | |
| Cash at bank and in hand | 59,262 | 8,322 | 67,584 |
| Debt due within one year | (7,099) | (3,549) | (10,648) |
| Debt due after one year | (36,590) | 13,215 | (23,375) |
| ---------------------------- | ---------------------------- | ---------------------------- | |
| 15,573 | 17,988 | 33,561 | |
| ============================ | ============================ | ============================ |
25. Related parties
No trustee nor any person connected with them received any remuneration, or claimed any expense, during the year, from this or any related Charity. There were no Related Party Transactions in the Year.
15