R Tr.GJSI'&RED CIIARI'IV hUMBER.. 1078792 Re rt of the Truytees and udit FinAnciAI Stx em¢nl$ for The Year Ended 30 2023 OT Tbe Wentwo h Ch*ri
TllTr." M"Tr-.Trq'lll'l)R-I'II CIIARJ'ITr' TRLSTF.Tr.'% R&"PORT YEAR EIIDLD 30 JLThk" 2023 The TTLL51ee& pre.n1 thciT rcpnrt iiith Iht I Inancial %iaicniinis ol thL Chariis for ihL )'Lar ended 30 June ?e?3. 1.he 'ITusIL'¢% haTrL adopted th¥ proi'isLI)ns of thc Swtemcnt of RLYomm¥ndd I'raciice I%URPI 'A¢countsng and RLlX)rtiiigJ by l.-harilie% 144u¢d In KliifLh ?OOi REb'ERFIC.b' AND ADIIINISTILII"IN'E DET.III_S ReRisi¢red Ch8rity nUmr 107A792 PRIYCIP.,IL.iDDRF.S, F%tatL I I$i.e C Id>'fields' Lan¢ wen11)rth 861 71.1) I'RI'STF.fr'S ir l)hilip Naylor-l.eyland Ilt. Nlr r) Iluni()n Ir Il, ('rdl4"lord Élw Ir JamL%11 J DchrLn Ir.IILKJiiiler Il'illwn.4 JanJLY Davi¢¥-I'crry lapwinied l.ebtruar)' ?0241 Al'DI'fc)R Simvji l urnlr Am%iron¥p W'ai.%on iludil Lunill NF. I IRJ VRIN('IPAI. B.IYkb:RS Ilart14yy Hank plc 3 Si JdmL5 C'ourt IlThIlLfTiars RI IRJ SOLIC'ITORS IuiklL' I LI> Time Ccntral -31 Gallo>ale YewLd4tlc upots Tyne Nl'14131.-
Iiib. M'F-.)"IM'I)RI"II C'IIAIiJ'I I'E.4R ENDEDJOJI"Tr4L 202J "Thc Wcntw'c)rth C.hariiy was forncd bv a S¥hcm¢ daicd 5 F"ehnJary ?IM)N amdl%JThJlin8 IhtcL' IL)mierly relaitd LhaniiL'.%,' 'illidIii Liirl ul 5iTatTrurd & Oihers. KiLh&.d IIoryL &. _.tnn I'ickle% foT the VILar rhL l(Ildl Il'¢nn4'nllh I'liarily. In (he iJilifiSt ol-riiLbrdin¥ tlie iifip.Ill% iTrl-IIiiN 'Illorth C"hJniv. detsils of eaLh of Ih4" tutm¥r ¥hariii¢.4 dre iLi oul bclow. Il'illixm F.4rl ol Sirafford & othe Ino.. 11)7R7911 Tlii% iliJrii> e%liihlisliLQ.'11 1691 b). '1111th_nd Larl of Sirafford. lthrd of thc Xqanor. and oihcr IreLhi)IdLrs whL) a%NignLd rLnl4 Iroiii laiiJs dl'nli?ry H¢.%lev flir IliL purp(>sL Ot.&1%11¥[ the ihapilry of l¥'cnTworth with it5 iuraLi i)rth.L' khapel i)r M'Lmlwonh The ILrm% oi ihc iharii%' LnlPilM'¢wd thc l (Ird of Ihc Nlliiiof Ic) exbhdnb¢ Ihty t)n¥inal Idnd 'Ith vih¢r ul'Di) Iyi%¢f i'dlue dnd in 17Tr6 Sir-I'hornu% IlIL'ni(1lth. Ihcii I c)rd of the M4no?r. %util¢d i)thcr landq ai lankKr%liN' l ark i(1 just vi¢r 90 aLr¥%. L)I'ihL Lhaniy pfiPLirtd 11nd priividcd liir thc applicaiioti Iif: ITd.% ijci Iiiuinie flir Ilie reliel-ul'ili¥ PULII iii 111¢ -luwIithip c)I'll'eni%vorth and 1. 3rd In ilK' I iiaT iifihL l iilL%ta%iical l>iln¥l C)I'll(Ilv'l Tinit). I.hurh, Il'cniwilnh. RlthArd lOrr1¥ &. ,Inn Pi¢kli's fur Ihr I'irar Ino.. 81011771 NL'Mhill l%ub%iqUinil%' )Idi. In Ikgl 2 %rhLYnL fnr Ihc adniitit%iraiiort <)l- Ili¥ 4udnLr IiiwJTil% Ihi lind mainliTniC i)t- Ihc %chool Ilarr()w' .1111 IliL adalilI11Llil (Il- Idui.Iliilt) i)I' iildrnii In Il'¢niwiinh. Izi 197$ Illi C'hJniv wJs 11)nriill}- dI.)ded Inio lour iqu(Il part¥. N'L) lor ihe K'iLar Iilii.4 iharil)'l. i)ni liir IIiL and the lour&h fvT pr(xnoiinb eduLaiic)n 'l-h¥ Llianl) iil'Ri¥hdrd Nl1)rri% &. Ann l)Icklcq Eniwi)nh flir hi Oi%T) UIL beiiefit. Ih'i'iilworlh Churiiv Inv: 2252431 A %jlii'iiiL iliilLd I. l)eieiiiber I rLsiLli¢d Jn thL' amalwJ4htion uf (vurihariiics inLO a LhanN called Ihc 1'trti.(IrIh Q'hariiy. I h¢ liynitr ihari:i¢% W-LfL IIIL C'lurLly III- (ielllki IliiliTIL4. Ihl C'hariiv c)I' Ihe R¥%'¥rLnd 'illidm Spcn£cT. IhL Unknowm lknnor% ('hanty'and ilic (-harii} i?fRLchaid Miiiri% and kliiii l>i¥klLb liir Ilie l)Ix)r. 'IlIL iTrbi¢ils LTrf C.knni)' InLludcd thc Tr1>'mLni ol. nlI)n. rclLei'ing nccd nf r5n s rc4idLnt 'itliiiJ IliL Parish and li?r Ih¢ gpr¢alLr bLnettl vf the ffthabL¢anis ol ParL4Ji. aturt ofconititulion 'Ithe cliarily iw¢raie% an uniniorwraid ¢haritsblL organisaiii)n. ReLruitmeni App()Inim¢nt of 'lruitces '] hc IiLimiL'r É)I'Trus1¢¢% ¥hall. whLn ionJpl¢le. u)r.%1s1 %blninL' includinbp liiur nc)minaiikt Itusi¢e% )ppoinrcd b> thL' Pan%h C c)Iinknil iTrt" Wentwnnh an(J fi%'L LO-(yi Iru¥lee The Xoniinauve Irusiee% for a peTiiMJ ol IIiLif yLdr.% und ihe Cn-opiaiii'L'I'TUStccs for li (%l"l ji"L' Tr'eay 'I'rllii)in% tsl'fruslr¢5 Bc(i)rL appvintmcnr. Iru.4icc.4 arc pNTridcd .11. a inn'.prehpn%llL iiilr(Kluilii)n Iii Ihi Lhanlj % a4Selq. Llh ¥lTrVLrndlli'L tind mandgFemeni. ThL>' arc a150 pro%'idcd with a 0p>. of . Chanij Commi%%J(?rt guidancc naic 'IN¥lL5 arl. kept Inflbrnied ol-kL) Itl iharit> lau. b). thc CILrk I hc'l'rusl¢eq drL idliiificd on page l of Ilie ioui)1s. T1. r(iuline dd)StraI1ll of the charjiv is Lamed vul tlic CleTk b&%cd ai ihc Esmic onilc. IW'Liilw'orth. Rothcrham.
THE 14'ENTII'OR TH CH2lRIT TRLSTTr:ES KTr:POR"I' YE,IR ENDED JO JL)4E 2023 Risk [anageIent The tru41CC5 havc cxaFnincd Ihc rnajor %irai¢gic. bu%illc.%S and opcrdiional riks which Ihc chariN faccq and arc saiislicd Ihat iV.%ILIni hai'¢ be¢n ¢slabli_%h¢d iii addre. th¢ IdenLifid n%k%. ()IUb:C'l'4.4YD Acrii"Ii-iTr.s Objects of the Lharit I I 'l'hc reltet"ot"wYson% re41dethr In tht. pari$h af WLthtw'arth who arc nced. hard%hip nr di4trL'4%. "I'hc Iru%icc.% may rclicic pcrM)n% In riLL'd by" makjng gran ofmon¥J' 10 th¢m". or PTiTrv¢diiikr pd J'iii¥ lui %er%'ii¥ ur lailiiJLy ILir Ihlm. or iiiakijig gJfd1114 1Tr1-iiivii¢y Iu l¢[ Lil IMMIL¢% .Mi pri)i'i(k 8l)(MJ¥. ¥¢rviLx i)r I4lIall% 10 thr) in nccd. lrt exLL'PtliiNI IhL ITU4[LL mdv dLbdL Ic) ILSsl&t hUtn(x)n¢ {h0 Oth¢nvi¢ quJlilicdl who 1$.. rtt%id¢ni Wiyide..li¢ piri¥h i)f M'eiiiw¢)nh." or (Inlv iinipoTIE nly rc4idLtii In ihE pan%h. 21 The bpLn¢ral b¢n¢fJl of Ihe inhdbiwLL4 c)fihe paritsh of w'eniwt)nh in charitsbl¢ ivJ>'b 36 Ihc Itus1¢¢s iliink. -11 I'hc PEivnicni ol. Iniolnc i)fihc ilianty 10 Illi '1¢ar•t.1hc l..¥¥l¢sJaii¥al I'aTi$h lif Ilnly l riniiv ill. Wvnlwiirtli li)T thLir <iwn UNL and be.fIL I'y¢ ol In¢ome ind ¢apliil '[ hL SLhLniL cslahli%hLd in 2(K)11 r¢qu)re% lh¢ Inisi¢u Ic) appl). nei rLwurii$. ¥Ailudingi uiirLalisLd k7ains or In funhLranLLb i)r()bJLKl% I l and 11 atMTrit in aiiorJdnie wjth c?bJeil 3 I aix)i-c. ThL4 L$ stsbjLKI ts) 4 proi'iiic?n Iho¢ irt lh¢ ¢%'¢nt v(th¥T¢ b¢in¥ an intirrnb'niim .1¢ Illl ap)InIlLlll 4)1- I'JLL?r¥. L41* aniiiijyi ()l- iniiime mtsy bc 8pplii'd l(Ir ilie purpn.#c of Ihc fir41 N411 I)bJ14 of Illl ¢haniy f4)T lh¥ rKn%)d ofihc iniLYrcgiium. I"h¥ Iru4le¥4 may dppl). ¢xp¢ndabl¢ ¢n(k)wMt fur lh¢ (AJjeil% ol'ihL Lhaniy. IF.c ChiT1tV- %lralc¥ic% fDr aihicving thesc aim¥ Jrt¢lud¢ gencrdiing %uificient funds lo coi'cr nornial rurtnin&y and mainlL'll4ncc cos1.5 bv rh4irging rcsidcnis an approximaielN equii'alLml contribuiion a$ w.ell acLumulaiinLb %uiliillml r¢s¢r4.¢ to Lalei forexieplional ¢.1dire. In NIL w ol. Ihe long-lcmi naiuTC ol'thc mjqi and 11% chaniablc obJcci% Ilk. irn%icc¥ apply Ihtge pnnLiplc %tratCBIC4 on a rvntinuink basis.
THE IVF.NTII'ORTH CH..IRITI' TRI"STEES REPORT I-E..%R ENDED30 JbNE ?023 iRnillratti.4ctivititS The chanry % sigrtiliiant aciiNitie4 fOTnpnsc Ihc Ictting of 11% prwrry, holding financial ini'esthicnts and diqinbulin¥ iniomc. Polic) for flakin% Crranls Nei Inioml li di%tribulid in &ki)rdan¢e with the ?(K)8 Charil). Scheme15e¢ paEe 31. l>ublic Henefjl lkn¢ ihanty's In18tces hawc Co1dr thL guidanLL on public knifil publi%hcd by thc C'hariry ( ommi%%ion and arc of the 1¢ Iliai Ilieir wliLie% ajid dilibili¢%4ir¢ LL)n%i41¢Di '1th th¢ re4uir¢m¢nL4 lif y¢Liion 4 ol'the (-haniie8 Ail 2006. '1'hc InLNlS aciiviiii4 proviik. Ihr lollomiliby r¢¢obni%L(J publii neliU.. 'Ihc Tcltct. ot. thos¢ in nctd. by rcii¥(In of youth. a¥L. ill-hcaldi. djiabiliiy. linancial hard4hip nr oihtr dIad1'dtagL', ()Ih¢r purp(1%¢4 LunilY T¢111117/.Ld cknriiahle. C'liaril¥hle Arlibiiivi l.nderi#ki'n 'rhc mjin wurec ofineome i frtsm c&shdcTM)%iibdlaneLS &rMI in%cstm¢nt£ wh¢eh for jo?3 wa$ £271.741112n22.' £19.3?%1 Mie i)Iher rtiain.4Éiurie l)l- InLVlnL TLmdin¥ rLYJi rLxLivablL which lor !023 £9.635102.. É8,19fi1. ThL%L ILVLl% (If rettLrn¥ arc ¢On41ded by th¢ i¢ust¢c$ 10 b¢ ¥aii%fa¥lOry. Rc%ouTCCS exnded havc hceii in liiic with prevLE)US >'Lar. 'I%A(.1AI. Rb.I'IF'.W Rt%ult% Thc r¥NulL% for lh¢ vearare sctoul in th¢ atta¢hcd financial iaIcniL. ThL' nLI mi)trLmLmi Jn nd* tsmlitsnitd Iii £443,77.5 ?0?1: .£966.6.131. Th¥ i'41u¢ vfihc Chanlv 5 inv¢slE]ier.1s illcTC&¥£d durin&i the vear bv £16.%8 I. R¢irt funds ai 30 £. I I ?IM.S4I Re5enes Policy AIiLr mLClln8 ihc proper COS1% of admlnlsier¥Tr Ihe lliariiy. Ikt Illjl>lllL Is dppIILNI In futlllLriiix Ilie cibieLI lJnrialiiLd gain4 1)n inic%imcnt¥ arc Tctaincd and Ihc irusiecN crmqidcr 11 prodciii 10 rctsin re[TreS In an unTC%tnclcd grncrdl fuiid. Reliew of attivili '[ he C.hdnly LX)ntinuLxi lo distribuiL grJJJi pam¢n dunDg the &&qr. in li with thc rcLLmt yLar¥.
TIIF. II.Tr.Tr4T1uRTH CH..IRITh
TRL'STEF.S REPORT
I'E..KR DTr-.D JO JI"NTr. 202J
INI'ESTIIENT Pol.1,
li 1% ihc iru4t¢e%' Tic). lo niaiDtaJD a I.el Df inv¢stmeni M'hKh geDcrakn sutT.'cieni income In allou, the I1 io carry oul
IL% LhiirilJhlL' l)bjL'LIINL'% C)n a su%lJinablc for Ihc long icrm. Thc Inc%ncnt lic. 1.4 di".ecicd ioNard4 4ccuring Ihc
niLxiInuni OLiall rL'lutn urt thL Ifusl-i L()JnThenNurai¢ with dJiwrnpndi¢ le¥¢1 iifn%k fi)ra ilidntihle irust Ill¢tI)r.
Ii.'% IhL-l-ruslLlS pulILy lo r¥ldin ill JllvL'%Utii'nls Jn ]Id iihjih hdvca lonbT all1lin M'it]i thL ChdTit> 1sllljL 17161 uiilil
LIIoici nl- Iri%'L'sIrTiLl llilll-PT(vLy 1111-1CnI5 arL' iUTfL'r.tl)' plaLL'd in inLI)tTrL unil% In thL (-.( I I i.. tunil '71h IliL
obJ¢¢tsNe of aChieIllg )bovc averJg¢ ts)ul rLnJrn JThJ d:iid¢thd
PI..IWS Tr()R Tr'IITI'Rb' PF.'RIC)DS
Iii reNpi1T1 l) IIIL. %lbJTiiliidlll IliJJiL¥ 111 LJ%h p)%ilii)n. th¥ Chjriiv % fUlTL. {?1.LrnrtLl. (IhjLLI%. IIjlL%lmLl sirJtL5 und
dppfLTra¥li lu &ir#rii it11alln w'ill b¢ iubj¢¥l lu r¥i'i¢w by a w.orkinb Lroup whLI M'ill bT¥ rvINU¢ndIJljj1s 111 the ACYM.
C'on4idcraiion will alw gi%'en 10 thc n$1 appropnaic nican% lil"disl$ll ofri%idual land¥
S'I'A'I'LN1TrA%I '[' 'IRil%'fELs' RkSPONSIBILITIF.S
I hL I nL%iec4 &ire rc.gpon4iblc for prepIn8 Ilit Rcpon i)I' the 'l'rugict% and The linanLiJI ildltmLnI in dL4iirddli¥¥ w'il11
appliLahli I&1 and l.niiL'd Kingpdorn ALLiiuniinbi SiandaTds IUn¢iLd Kingidoni Gerally Aiccpicd .4Lcouniing PraL TILCI.
'I'hi law appli¥abl¢ tll iharilii in l..iiBI4TKiand WaliN. IIK. C'hariiitr Rlil ?01 l. ('liaTilV IAcLouni.4
INDEPEJDENT,ILDrroks REpoRr'i"()"I"Iii: i'Ri.'%'i"Tr-.Tr".5 1)fr
Upinion
'( Tri&vL diidiled the linanLial 4latemeDls uf The eD1W()Nh C'hariiv Iihe 'ihariiv' I for ihe sear L'nJrd 30 JunL
includinL sjEnilJLani aiC(lUrtlirt¥ pi)IILILs. Tnc financial Tcwning fraMl.rK. Ihat haq bicn applicd In Ihcir
pripdrdliclrt 1% appliiJbl¢ lilw dnd LTnil¢d k)D¥di'.m.Aii(?uniin¥ SiundaTdi. including Financi1E l Rcponijigy grandiqrd
ALcLPILd AiLciuniip.g Praclikil
Iii our OP)n th¢ fiNw)¥ia] %ui¢ni¢nL4'.
IML and lair VJLM of thl 4iaiL vl-lhi ¥harJiy % allair% a% ai 30 Junc ?0?.3. and L)I' 114 jlljL)rnin&? resuuries
.INd.IppliLiilii)n DI. rLlUrLl' Iniludin¥r il InL<iniL li1 L¥PL'n(JItUT¥. l()r Ihi. ycor Ilii'n cndLd.
hdve becn priwcrlv pr¢par¢d In a¢¥oidaDCC wii4 Lnil¢d Kingdcim CJ¢D¢rally iliiLpiul Acii)unling IlraLIiLL'.
h#ve heLYi preparccl in aLLiirddML wilh iliL TWIIIT¢m¢nls ul. IhL C'11111¢5 ALI IU I I.
1114 fur upiiiiDn
Iw. (lur rL%pon4ihiliiJc% undir th(Ke.413ndJTd% dri lurthL'r JLNlri.d In Ihc audiliir rL%pnn%ihililiL% liir Illl Hudii i)I'
,Ii¥V¥ Ihai thc audit ividii'.i¥ hai iibiaiMLd IN %uffiLILiii Jrid appr
Miittrs on m.hith fire required to reporl bi. txccpiion
Pi)rt Ill [¢piLl of ,.he follilil'Jll&Tr lli4iiLf% Jn relalLUll lu -hILh thL ChdriliL% IALiUUnts and
KLPLin%l RL¥ulaliiill% ?IlOX TeqUlr¢ t(} r¢port i(b J'iiu il-, In our opinion-.
th¢. Inf()tTnalii)n Ellen in Ihe finanLial %laTemcnts 1% irtLOILSL%icni In any material respcil w'ith ihc Iruslcc
ripon". or
IhL Lhdrily has noi kLTI adeqiiait 4bLLiwniing re¢ilTd4,' or
IhL linaiLial %tsiemcni.s are not Lll agrccment '11h ihe accouniinb. rccords. and T¢lunL%." (Ir
we hal'e noi reieibed all the inlurniaiion and L.xplatJaiiotis il'l. TLyuifL' lor c)Iir dudjl.
Re5P0115ibilities of tru%tee5
expl
LLause nf the Inherent ljmilalions of an audit. there Js a n%k that will nnt dctect all irycgu13ritie%. includitip IIIo%i leadin7 l() a malLndl [n]tate¢ni in th¢ finanLJJl %ialement% or non-¥C)mplidJc¢ with T¥gJlai)on Ihik rii Itiirc&lw% Ihe lliOTe thal LuInplLdllL¥ wilh a ui regyululiun Is retnoi'ed fruTn thv e%enl5 ITansaLIILill5 relleLled in Ihe linaniial siaiLm¢rtl%, dA Mill bL li%S Iikiltr bLLiimL awaTL tsl'in51ankniS ul-iii?n-LiimplianLL. Illi risk 1.4 also grcaicr Tcgarding irrcgular¢iicN occurring duc io traud rdihcr than error. a% fraud In.011¢% inicnijonal l()n1TLl, forkTCry'. Lollusii)n. omiysion or miSTLTfLSL'nlatiLIn. tunhcr dc%crJpiion rcsponsLbiliiiL a&ailablc FRC'S wcbqil ..Ilwww.fTC.O .ub,audirolIUdj1-a$1aT1ncO.udlr-S-TS nSibEltric%-for-the-udii-of.Ihe-fJldcrL c-aud1ioP/oL2P/I99 f r.This d¥s¥npiion tomts part ot-our audiior i T¢'pon. OUT on I.. ILOtI l)ther Tnatter5- prior period financial itatement$ In f()Tmin¥ OUT fJDaniial itaicmeni%. which is noi modified. we noie Ihat ihe prior }'caT financial $tsiemcni% w'ere nLII dudii¢ÉJ Ctinsequenilv. Iniernaiiiinal Siandard> on Audiiing i UK and IrLlandl rLY4uirc Ihui IhL audiilir siaic Illt thf our reptsri I1 ripurt J% tnadi olel)' tu il)L Lliaril). ¥ ITu%l¢¢S. &% a b¢NJy. In aiL()Tddnv¢ wilh Pth 4 of the Charitie% IALLL)unL dnd RL'PC)rts1 RL¥¥ILilaTic¥n% ?OIIX Our audit I4-iTrTk h&%beeJi undellakeji Ihal 't mi¥hi lalL iv IhL vharilj % Iru.1¢14 Ihi)iL ni4lllC.r% we i)rt rcqljld 11) %liilc 10 IIK'M Ln rI JULlil(Ir % rLixTrrl Jnd liif iiihL'T PUryM1 l Li IhL lull¢%1 ixllni PLrniiiicd by laN'. wc do noi aciepi or a¥%um¢ r¢.%ponsibilJt>' to anvon¢ orh¢r than Ili¢ charity And the chariiy's IrusicLs ay a b[Y. fL)r our Ju(lii work. fvr th15 TLWrt. OT for thL opinions WL hdl'L, forn)LQ. 51mvn Turn¢T l%cnlor %(Iluiorv ..udlror) Ann%tron¥ IVAlsoii .Audil l.Itnil¢d (-hat1¢T¢d A¢cDunianrM and %lutory Audil(Ir¥ NLlaSttL. 0510912024 Ami4ir1in Il'il%nn Audit l.Lmii¢d i¥ ¢ligiblr its a¢1 as an audiior In Icmis of S¢*lion 121 ! of Ihc Q'ompsinic.s A¢T 200fi
5T.ITEIElT OF FLNANiCL4L.4CTIN'ITIES YF...IR F.NDF.D JO JI."NF. 20LI ('nreslrictrd income fund 2023 2U22 li, Ili(.()lIC: RF:SOI'RCb. Atti%ities lor RIiiiL?railiiR funds= n¥L%imtni ill()¢ 281.375 •7.5?4 Total inconiinR rwur¢ti •N1.375 RESOURC EXPkN4DED C051 of generBlinR fThd L'L)s1 iil-kPLnLrJiinL koluniory m¢om¢ 10.?61 Support tho Ail- ,0•1W0rth 39.2?0 ?.7,¥45 4¢).4N I 34.gh4 IndLpcndLni l...amincr Fee 5,0 2,onn Tulal ri'%¥ur¢¢s rxp4nd¢d 54.481 3A.9h4 E-r Iycc)MIPC:11()III'(:()IYC-l Rb'%C)I'RCTr'> ?16.Xy4 17S,X471 evDluDttt)n ol inv¢.%im¢nis 1881.3461 I'oi#l brouKhi forwrd 11.:04.54• Total fund5 carried forgrd 11.448,317
THE IS"Ef*TII.'QRTH CH.IRITh AS,IT 30 JI'.NE 2023 [Inaudited 2022 2023 ole Invc%uneni Propcny 1.2",8,450 1 ?78.45 In¥'eslmeni% 556414 -53Y .%5_3 1.834.884 1.8 18.003 ('[IRRb'.+4 1. A55LI'S t)Lb'.() Ca%h til b4nk ?.2? 9,397,731 9,609.379 .675.12U CR Tr'.I)1I'()11 AiniiunrJ t-IllinbTr duc Wkihin one year (11.6¥71 9.613.433 41.3%6.53VJ 11.4411.317 Lits¥>lri¥t¥d j.unds 11.448.317 04.542 11.4411.317 11 ?04.%47 -4pprovcd by thc Truyiccs on "I'rusl¢e . 1Tu%l¢e io
.NOTES TO THE FI.C1.4L ST.4TE.IIE_YTS
.iC'C'C)I P4'l'lP4<"' PQl.ICib.'
.4ccounilng conbention
his11)rical Ccini'eniion. 'Ith Ihe ex-epiion of ¢nvesimenl% %4'hi¢h included ai Ma'e1 i'alut, a5 Irc)d11icd
bv thc rc%aluaiii)n i)t'icnain a&scis and in accordaiicc 'l¢h Ihc Finan1&1 Rcpining Siandard for %mallcr l.-niiiic
ILll¢ liv¢ April )QI)Rl. klLL¢iuniiDy aiid RLTJi)nin¥ h% ('hariiJes'. Siawneni ofReLL)mmeiide(I PrdLtii¢ #nd wilh
appliiable aiiiiunlingy %iar.daTds' dnd IhL C'h4ir>tl¢s Ail ?01 l.
IncorDln% re5011rres
All In)[ni 1.4 rHii&pni¥cd In IhL' %t41iTncDI (If FinJnLial .41111'111¢% ()nic Ihc chanly ha¥ cntiilcmcnl til ili¢ fuiid%,
it 1% probablL Ihai thc incornc will IK TCCLivcd and'.hL ami)uni be mc&Nured reliably.
R¢sttllrc¢s i'xpind¢d
l..xpetidiiurL 14 aikoulllid IOT on an acinjal ba8L8 and11&4 been claK%ifiLd undLr Iic4Ldiiig% Ihul ab¥rL'&Jair dll iiil
rclaiLd i(I Ihc caieg(>r)'. WhcTC COS14 knanni)I bc dirccils aiiribuicd 10 particular headin84. Ihcy have bccn
L IILbLLllid 10 iCllN'llJc% on a con8isicni wilh lh¢ USL Ot-re%ourcc<
Inieilment properl)
InvL%liiiLni pr¢lPLniL% aTL LaTricd ai fair i'aluc dciLrnincd Hnllually hv Ihc Iru41ccN. Nlalualinn4 arc pcrfnrnicd
i)n an L)P411 niJrkci hJ%iS tsi lh¥ balani¥ h.1 dali. Tlii valualic)n 1% al Ilii TTu%lLI
b¢liL'VL' Ihdl tli¢ e.1n. uf d prvf¢¥iJuna¢ I'dlualiiiD J% in rhl inl¢rL%l of ihi m¥in'r¥. Nv d¥pfiLlilllVll IS
I'lii. C'liariij is ¢x¢mpi fr(Ini Lln Its ¢hariiable a¥lii'iiitrh.
und ac¢ountin%
IlnrLsifiilLd lund% ion b¢ u%cd in a¢ivrdJthrr wilh ihc ch4ril4blc objcLlivc¥ al (hc discrcliL)rt ofirusiecs.
Rc%ifJLlcd ltsiid% iart (Trnlv be u%ed Ic?r PdfiiLular re4lriLILxI wiiliirt Ilie iihieilii'e% (Trl. Ilie knliariiy.
Rc41fLLiion4 arJ%t i¥'hen %pecifi¢d b). the donor pr 'hen fund4 arc raised for particular rcsiricied purpoc.%.
rurther e.p1TiOn ()[ Ihe nJiuTe Jnd pue ofeaLh fund is iniluded in the nc)ie% 10 the finunijdl 4ldtemeni%.
¢bivrs
I rddc and othcT debtor% arc re¢ogthi4cd ai lhe.li1¢MClll amouni due alleranv irade dix¢ouni otlcrcd lind fulurc
Creditvr
( rL(liiilT% <Trnd proi-i.%ions Ilfc Teciigrni¥ed wher¢ Ihe rh1< ril& h<i4 a PTc%eni nhliEalioii resiJliinL I'rni11 41 P
'riiE M-Tr.NTM"nRI"II CiI_.IRJn- ()"rTr's TO'fiiE TrINANCIAI. ST.4'fE%iENTS -E,IR EIDLD 30 JLIE 7023 Going Concern .1 hc iruslcLS axscs4 whiiher the uqe of gc)In¥ LOnLLm is #PPTupfi&ic i.L. whLthLr IhLri arL any rnaiLiial unicn&liniicN rclaicd l(> Lvclli% nr ctsndiliiin% iliai mlL V La%1 %igniliianl diiubi ihL abiliiv Ill- Ihi LiiTnpdnk li? ioniinuc d) a g?oing ioniem. Thi Ifusi¢iS maki thii IL$Men1 in rL%Tr¢¥l (Trfa PeT]i)d ufnn¥ y¢JT fr()m the dale L)I'auihL)Tl%aiiiTrn li)T issue ol'ihe linaniLal %iaiemenis at)d hatre LoniludLd ihai tlLi maiL'lldl urtLL'ftdinLILS L'Xl1. I,'thudilrd 21122 2023 Keiii% reLLI%'LJ l)Ividcnd4 RilI1'able 9,635 2$5.6?1 3.42% •81.375 7.54 SUPP()R'I' TI) P.IRI%H 2112.1 20ZI DonJ(Li>n C'IITisiina% ItouihLr4 37.4(MJ 1.820 21.900 Ilank- rh.Ir&?¥ ?1,¥45
"I-IIE'fRLSI'E"Tr-S ()F I'IIE lfvtr'•4"1'll'Okl-11 Cll.Iki"I'Y o-l ..5 "ri)'iiiTr- &ij.4NC-I.4L %7'ATE7-.T% (conlinuedl I'Tr.AK Tr-NI)ED 30.JI.ryTr.' 21)23 INI'b.ST%IF.NT PROPF.RTI' Un4udited 202.1 21)22 C05t Ai Ilknbrinning and cnd ot'ycar ?YS,4_511 ?78.450 In prc%'ic)uq yeats, the value of Ihe land unknown. Du¢ io gale ora pArt ot" the l&nd in ihc previou% year. the .1 rusieey have &alucd ihL' remaining land as ai Junc )03 10 have cxpe¥icd markci I'alue of Ll Tr?y,450. The iniestments tomprise of the folloMin2 t Igir valu 3,93 rL% i)r indu.4lrial land IPloi 51 al 11()yland We41 •.3? acrcs of rLsidLniial land (Ploi 61 Approx. l ?? JLfL'S ofall()tmLnis gardcn t¢%4 ?sn 522,0()O 1.418,450 140,OUO I.e¥5'. ShL'llield C'ity RegTriiin Iniesimeni l.ranieM'()rk 1 ?78.450 53Y,551 Ih,8111 5(19,34 129.7YfiI $5(1,414 $19..5S.3 DF.IITOR8 Due within one year: '] Tadi Dcbior5 PrL'Pd}mL'rtt Lana %alg %uspense Oihcr DcbLor 184 320 14.466 240 1.986 15.7YI CRTr-DI'T()RS.. AMOL'YTS DL'L II'ITIIIN Tr"EAR Unaudiled 2022 201J TradL red1¢or5 Oihei creditors 1.130 10,557 6.-550 6,368 11,fi117 12.91 13
TIITr" I1'_TORTl C."IIARITY NOTTr-.S TO THE FIN4..INCI,*I. s"fA'I-F.TrITr-.N'l'5 {coniinued) I'Tr=.IR Tr.YDb.D.111 JI'.YI' 2023 TRLSTEES, REIlI"NE.lTI0y .thD BEIETr ITS I ruylLI's did nul TLLL'II'L. dllS' fimunL'iaiivn lur the yLar i?02?.nLII and wcre noi rciMbured for any expLm4e.% in IhL )L'ar l?1117 (.nrc$triciod alanie Ol. July NLI Lneoming re%i)urees Rcvaluaiion of invebimenl. 11104.542 926,y94 16,S81 Ilalance 30 June 11.44Y.317 io. l)urin& lh¥ yLur Kfili(In IPIY¥thL)n)u¥hl F4taics <.c)mpany ¢hargLd £4,n73 120??: £3.974I for IiJmini4iT41lI(lrt servi¢¢s..41 thc y¢4r cnd, £1,1301?0??: £nill was owed io Milivn IP¢i¢rboriiustrhl I".¥14ie¥ ( ()Inpany. 14