Company registration number: 3888776
Charity registration number: 1079153
Council for Dance, Drama and
Musical Theatre
known a5
CDMT
(Formerly Councll for Dance Education and Tralning)
A company Ilmited by guarantee
Annual Report and Flnanclal Statements
for the Year Ended 28 February 2025
Dlamond Accounts Llmlted
Southerden House
Market Street
Hailsham
East Sussex
BN27 2AE

Council for Dance. Drama and Musical Theatre
known as
CDMT
Content5
Reference and admlnlstratlve detalls
Ito2
Trustees, report
Independent examiner's report
Statement of flnanclal actlvltles
3to6
Balance sheet
Notes to the flnanclal statements
IOto14

Council for Dance, Drama and Musical Theatre
known as
CDMT
Reference and Admlnlstratlve Detalls
Charlty name
Counc51 for Dance, Drama and Musical Theatre (known as
CDMTI
Charlty re8lstratlon number
1079153
Company re8lstratlon number
3888776
Prlnclpal office
Salters, Hall
4 London Wall Place
London
EC2Y SAU
Reglstered offlce
Salters, Hall
4 London Wall Place
London
EC2Y SAU
Trustees
Adam Adnyana
Roger Bramble (Reslgned 10/10120241
Shlrley Coen {Reslgned 10/10/20241
M Ichael Dlxon
Davld Grlndrod
Mlchelle Johann MaJor-Butler
Sarah McFarland (Appointed 10110/20241
Annette Pearson
Nicholas Trench, Earl of Clancarty (Appointed 10/10120241
Jesslca Ward
Gregg Whelan
Baroness Deborah Wilcox
Jonathan Wood
Page I

Council for Dance, Drama and Musical Theatre
known as
CDMT
Reference and Administratlve Detalls
Secretary
Glyndwr Jones
Sollcltor
Well, Gotshal & Manges (London) LLP
110 Fetter Lane
London
EC4A IAY
Bankers
Coutts & Co
London
440The Strand
London
WC2R OQS
CAF Bank Ltd
Klngs Hlll
West Malllng
Kent
ME19 4JQ
Accountant
Dlamond Accounts
5outherden House
Market Street
Hailsham
East Sussex
BN27 2AE
Page 2

Council for Dance, Drama and Musical Theatre
known as
CDMT
Trustees, Report
SMALL COMPANY PROVISIONS
This report has been prepared in accordance wlth the small companies, reglme under the Companles Act
2006.
STRUCTURE GOVERNANCE AND MANAGEMENT
CDMT is a company Ilmlted by guarantee, Incorporated on 6 December 1999 and registered as a charlty on
28 January 2000.
The company Is establlshed under a Memorandum of Assoclatlon, whlch sets out the objects and powers
of CDMT and Is governed by Its Artlcles of Assoclatlon.
CDMT Is a membershlp or8anlsatlon overseen by a Board of Trustees. The number of Trustees Is eleven. A
wlde ranglng pro8r3mme of Inltlatlves and projects Is formulated annually whlch meets Identlfled strateglc
alms and the needs of the sector. The charlty's Dlrector reports to the Board of Trustees.
NAGEMENT
CDMT has consldered the major rlsks to whlch It Is exposed, establlshlng systems and procedure5 to
manage them. A rlsk assessment Is conducted annually to revlew the major challenges faced by the
organlsatlon and to ensure that the Board of Trustees lactlng as dlrectors of the charltable company) have
sound knowledge of the charlty and are in an Informed posltlon regardlng Its operations.
IVE
AND ACTIVITI
The prlnclpal activity of CDMT Is to advance the educatlon of all persons and prlnclpally chlldren,
you ng people and students in the art, practice and appreclatlon of the cu Itural slgnlflcance of dance,
drama, muslc and musical theatre, and to promote hlgh standards In educatlon and tralnlng across
the performlng arts and related technlcal actlvltles (Includlng, wlthout Ilmltatlon, productlon skllls).
In summary, CDMT..
Accredits high quallty professlon31 tralnlng at full-tlme dance, drama and muslcal theatre schools,
providing the industry benchmark since 1979
o Valldates the world's leadlng awardlng organlsatlons whlch offer performlng arts and muslc
qualifications
o Works wlth Afflllates to develop the hlghest standards of Contlnuing Professlonal Development
provlslon for teacher5
o Recognises. by means of the Reco9nised Awards scheme, pre-vocatlonal performlng arts schools
and teachers
o Provldes membership and otherspecialist servlces through the Conference of Professionolschools,
A warding Orgonisations Committee and Affiliate meetings
Negotiates with government authorities on issues of education fundlng, policy and regulatlon
Manages a substantial public-facing online platform cdmt,org.uk whlch promotes members and
services, as well as administering two information website5 for the DaDA scheme and Graded
Examinations respectively
o Publishes the UK Guide which is the definitive resource for those seeking information on quality
provision in the settor
Operates a free comprehensive guidance service for students, parents, teachers, artists and
employers.
Page 3

EXPENDITURE POLICY
Annual budgets for all aspects of actlvlties are agreed by the Honorary Treasurer and the Dlrector, and
submltted to the Board of Trustees for comment and approval prior to the commencement of each
financial year. Significant amendments to agreed budgets during a financial year are dlscussed by the
Honorary Treasurer and Director in the first instance and subsequently presented to the Board for
comment and approval or otherwise.
ANNUAL REPORT
CDMT Is the only Industry body in the UK offering quallty assurance and membershlp servlces to
Institutlons deliverlng training, education and assessment across the performing arts. The organlsation
was founded in 1979, dellverlng expert guldance and support to provlders of professlonal courses and
qua Ilflcatlons, as well as worklng wlth government to ensure that the UK creative industrles contlnue
to provlde superlor opportunltles for students from dlverse backgrounds to develop as artlsts of the
hlghest callbre, accordlng to thelr potentlal, CDMT Is honoured to seNe the many professlonal
schools, conservatolres and awardlng or8anlsatlons who make up our membershlp.
In recent years, durlng the tlme that the creatlve arts sector, together wlth the rest of the populatlon,
was collectlvely seeklng to recover from the worst effects of the pandemlc and the cost of Ilvlng crlsls,
two reports powerfully slgnalled the perllou5 State of arts educatlon In the UK, and the arts at large
were publlshed: The Gulbenklan Foundatlon's The Arts In Schools 2023 and Campalgn forthe Arts The
State of the Arts. Together, they describe a sltuatlon where access to an educatlon In the art5, Indeed
the arts themselves, are under slege, all the metrlcs headlng In a downward dlrection. For those wlth
Ilved experlence of the powerof the performlng arts at flrst hand, thls could only be seen as a profound
dlsservlce to the rounded development of the next 8eneratlon.
Meanwhlle, In the world of pollcy, the new Government artlculated an ambltlous plan for the cultural
and creatlve Industrles, one that both acknowledges the intrlnsic value of artistlc en8a8ement and the
development of creatlve skllls, and argues for the slgnlflcant growth potentlal of the arts, commlttln8
to "8rowln8 thls Icreatlvel Industry, for Its economlc beneflt and the enrlchment of Ilves across the
country."
Agalnst thls backdrop, CDMT launched two key documents at events In Westmlnster.. Securing Access
to Performing Arts Educatlon for All, backed by the All-Part¥ Parliamentary Group IAPPGI for
Performlng Arts Educatlon and Tralnlng, of whlch we are Secretarlat, In September 2023 and
Monifesto for Performing Arts EducGtlon, sponsored by the Cameron Mackintosh and Andrew Lloyd
Webber Foundatlons, in June 2024. 'Thls Manlfesto captures both the economlc and emotlonal value
of refreshlng performing arts education provlsion In support of our communlties for times to come,
and l urge all those Interested In creating a harmonious, productive and reslllent UK to read Its
recommendatlons.. (Ladywilcox, Chalrof CDMT at the launch). "I thank CDMTfor Its work In thls area
and encourage the Mlnister to please read Its Manlfesto. (Jess Brown-Fuller MP, APPG Chalr,
speaking In the House of Commons on 18 December 20241.
Autumn 2024 saw publlcation of DCMS-commissioned research that persuasively articulates the
posltlve benefits of cu Itural engagement on physical and mental wellbeing. According to its findings,
cultural engagement Is worth roughly £8 billion to the UK economy - approximately £IOOO per adult
citizen - in terms of delivering national wellbeing benefits.
As both calls for entitlement to the arts and evidence of the value of creative engagement mount up,
and with new outlooks in the ascendant wlthin the administrative department5, could we be
wltnessing an important inflection point, perhaps even a fundamental shift in the zeitgeist, for the
future of the arts In the life and education of the UK? As well as improving life outcomes, and giving
Page 4

space to artistic expression of all types, the performing arts industry contributes hugely to the UK
economy, and in this context the maintenance of a viable pipellne of talent through to the highest
professional levels makes financial, as well as cultural, philosophical and humanltarian sense.
In support of thls, CDMT actively continues to:
Conduct in5titutlonal Inspection visits and related monltoring actlvities
o Em phasise members, interests to parliamentarlans, clvil servants and regulators
Host regular meetln8S to facilitate the sharing of information and approaches to the common
challenges faced
o Produce briefing papers and reports to hlghllght the effects of Covld-19, EU wlthdrawal and
Cost of Llvlng crlsls on the performing arts
Hold specialist sessions wlth the Department for Education IDfEI and the Department for
Culture, Media and Sport IDCMSI
Clrculate government and industry guldance on relevant Issues
Deliver careers conferences and showcase performances to students, parentslguardlans and
teachers. An event was held In Llverpool In 2024 along wlth two onllne sesslons In early 2025
o Publlsh CDMT'S annual UK Gulde to Performlng Arts Tralnlng, Educotlon and Assessment
whlch complements cdmt.org.uk, 8radedexams.com and our soclal media platforms
Act as Secretarlat of the APPG for Performln8 Arts Educatlon and Tralnlng at Westmlnster.
These endeavours are supported by our Recognlsed Awards scheme whlch promotes the DfE's non-
statutory alms for Keepin8 Chlldren Safe in Out-of-school Settlngs.
CDMT works tlrelessly to sustaln and enhance the proflle of the exceptlonal Instltutlons It Is our
prlvSle8e to seNe, connectlng a new generatlon of students wlth the opportunltles avallable to them,
wh Ilst securlng the underplnnlng standards that turn those opportunltie5 Into a solld foundatlon f rom
which to progress. Our role at the heart of the UK performlng arts sector, as an authorltatlve provider
of quallty assurance, go-to sou rce of rella ble Informatlon, and pas51onate and Inf luentlal advocate on
behalf of our members, Is vital. Together, we make an enormous contrlbutlon to the sustalnablllty
and Internatlonal profile of the UK creative sector a crucial contrlbutlon CDMT wlll contlnue to
champlon wlth vlgour and Imaglnatlon In the year to come.
FINANCIAL REVIEW
The year to 28 February 2025 has agaln been successful operatlonally and flnanclally. The financial
statements show a net surplusforthe year of £21,052, Thls result has been chlefly reallsed through CDMfs
emphasis on both providing focused support to members In addressing the prevalling conditlons, through
the advocacy Inltlatlves Outlined In the report, and carrylng out its cycle of accreditatlon Inspettlons.
RESERVES POLICY
The Trustees, alm Is to establlsh reserves to a level whlch could support the or8anisation through
period of financlal and operational uncertainty.
CDMfs reserves at 28 February 2025 stood at £333,122.
CDMT has a stable operating model and thls, along with a good medium-term planning horizon and long-
term commitments from a number of key stakeholders, mitigates many risks. However, threats still persist
and the Trustees have targeted a level of free reserve which confidently covers a range of potentlal
business risks considered, including income generation from current activities, operational costs, and a
contingency allowance.
Page 5

TR
STEES, RESPONSIBILtTIESTO THE FINANCIAL STATEMENTS
The Trustees are required by company law to prepare financlal statements for each financial year which
glves a true and fair view of the financial activities of the charity and its financial positlon at the end of the
year. In preparing those financial statements the Trustees are required to..
a) Selett suitable accounting pollcles and apply them con515tently,'
bl Make judgements and estlmates that are reasonable and prudent;
cl State whether the pollcles adopted are In accordance wlth the Companles Act 2006 and wlth
appllcable accountln8 Standards and statements of recommended practice, subject to any material
departures dlsclosed and explalned In the flnanclal statements;
d} Prepare the flnanclal statements on a golng concern basls unless It Is appropriate to assume the
charlty wlll continue In operatlon.
The Trustees are responslble for keeplng proper accountln8 records whlch dlsclose wlth reasonable
accuracy at any tlme the financlal posltlon of the charlty and whlch enable them to ensure that the flnanclal
statement5 comply wlth the Companles Act 2006. They are a150 responslble for safe8uardlng the asset of
the charity and hence for taklng reasonable steps for the preventlon and detectlon of fraud and other
Irre8ularltles.
Approved by the Board on
2025 and slgned on Its behalf bv:
Barone55 Deborah Wllcox
Chalr of the CDMT
Page 6

Independent Examiner's Report on the accounts to the Trustees of
Council for Dance, Drama and Musical Theatre
known as
CDMT
I report to the charlty on the accounts of the company for the year ended 28 February 2025, Charlty
Number: 1079153 and Company Number: 3888776 which are set out on pa8e5 8 to 14.
Responslbllltles and basls of report
As the chariVs Trustees of the Company Iwho are also the dlrectors of the company for the purposes of
company lawl, you are responslble for the preparatlon of the accounts In accordance wlth the
requlrements of the Companles Act 2006 {'the 2006 Act.).
Havlng satlsfled myself that the accounts of the Company are not requlred to be audlted for this year under
Part 16 of the 2006 Act and are ellgible for Independent examlnatlon, I report In respect of my examlnatlon
of your charltls accounts as carrled out under sertlon 145 of the Charltles Act 2011 {"the 2011 ACVI. In
carryin8 Out my examinatlon, I have followed the directlons given by the Charlty Commlsslon {under settlon
14515llbl of the 2011 Act.
Independtnt examlner's statement
The companvs gross Income exceeded £250,000 and l am quallfled to undertake the examlnatlon by belng
quallfled member of The Chartered Instltute of Management Accountants.
I have completed my examlnatlon. I confirm that no materlal matters have come to my attentlon whlch
glve me cause to belleve that:
accountln8 records were not kept In accordance wlth sectlon 386 of the Companles Act 2006; or
the accounts do not accord wlth such records, or
the accounts do not comply wlth relevant accountlng requlrements under sectlon 396 of the
Companles Act 2006 other than any requlrement that the accounts 8lve a 'true and falrf vlew
whlch Is not a matter consldered as part of the Independent examination,. or
the accounts have not been prepared In accordance wlth the charities SORP IFRS1021.
I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to whlch
attentlon should be drawn In thls report In order to enable a proper understandlng of the accounts to be
reached.
Dlamond Accounts Limited
Southerden House
Market Street
Hailsham
East Sussex
BN27 2AE
3iomc¥d 4cccLnE
Date:
27.10 2£
Page 7

Council for Dance, Drama and Musical Theatre
known as
CDMT
Statement of Flnancial Actlvlties {Including Income and Expendlture Account) for the
Year Ended 28 February 2025
Unrestrlcted Restrlcted Total Funds Totsl Funds
Funds
Funds
2025
2024
Note
Incomln8 re59urces
Incomlng resources from generated funds
Investment Income
Incoming resources from charltable actlvltles
12,781
314,968
12,781
314,968
8,850
380,397
Total Incomln8 resources
327,749
327,749
389,247
Resources expended
Charltable actSvltle5
Governance costs
243,157
63,540
243,157
63,540
320,724
65,185
Total resources expended
306,697
306,697
385,909
Net movements In funds
21,052
21,052
3,338
Reconelllatlon of funds
Total funds brought forward
312,070
312,070
308,732
Total funds carrled forward
333,122
333,122
312,070
All Incomlng resources and resources expended derlve from contlnuln8 activities.
The notes on poge5 10 to 14fvrm on integrol port of the5efinonciol stotementS.
Page 8

Councll for Dance, Drama and Musical Theatre
known as
CDMT (registration number: 38887761
Balance Sheet a5 at 28 February 2025
2025
2024
Note
Flxed assets
Tan8lble assets
10
Current assets
Debtors
Cash at bank and In hand
8,936
351.619
10,150
316,771
360,555
326,921
Credltors: Amounts falllng
due wlthln one year
12
(27,433)
(14,851)
Net current assets
333,122
312,070
Net assets
333,122
312,070
The funds of the charlty:
Unrestrlcted funds
Unrestrlcted Income funds
15
333,122
312,070
Total charlty funds
333,122
312,070
For the financlal year ended 28 February 2025, the charity was entltled to exemptlon from audlt under sectlon
477 of the Companles Act 2006 relatlng to Small companles.
The members have not requlred the charity to obtaln an audit of Its accounts for the year In questlon In
accordance with section 476.
The directors acknowledge their responslbilities for complylng wlth the requirements of the Act wlth respect to
accounting records and the preparation of accounts.
These accounts have been prepared In accordante wlth the provlsions appllcable to companies sublect to the
small companies regime.
Approved by the Board on
2025 and si8ned on its behalf by:
Baroness Deborah Wilcox
Chair of the CDMT
The notes on pt7ge5 10 to 14form an integrt71 port of thesefint7ncial stotement5.
Page 9

Council for Dance, Drama and Musical Theatre
known as
CDMT
Notes to the Financlal Statements for the Year Ended 28 February 2025
l. Accountlng pollcles
Basls of preparatlon
The flnantial statements have been prepared under the hlstorical cost conventlon and in accordance with
the Statement of Recommended Practlce 'Accountln8 and Reportlng by Charlties ISORP 20051,, Issued in
March 2005, appllcable accountlng standards and the Companies Act 2006.
Fund accountlng poll¢v
Unrestrlcted income funds are 8eneral funds that are avallable for use at the Trustee5' discretlon In
furtherance of the oblectlves of the charltv.
Further detalls of each fund are dlsclosed In note 15.
Ineomln8 resources
Investment Income15 reco8nlsed on a recelvable basls.
Income from charltable actlvltles Sncludes Income reco8nlsed as earned la5 the related 8oods or servlces
are provldedl under contract.
Grant5 are Included In the Statement of FSnanclal Actlvltles In the year In whlch they are recelvable. They
are cate8orlsed as restrlcted where the donor wlshes to re5trlct thelr use more narrowly than the 8en eral
purposes of the charlty,
Resources expended
Llabllltle5 are reco8nlsed as soon as there Is a legal or constru¢tlve obll8atlon commlttln8 the charSty to the
expendlture. All expendlture15 accounted for on an accrua15 basls and has been classlfled und er headln8S
that a88re8ate all costs related to the cate8ory.
Charltable expendSture comprlses those costs Incurred by the charlty In the dellvery of Its actlvltles and
servlces for Its beneflclaries. It Includes both costs that can be allocated dlrectly to such actlvltles and those
costs of an Indlrect nature necessary to support them.
Govornance costs
Governance costs Include costs of the preparatlon and examlnatlon of the statutory accounts, the costs of
Trustee meetlngs and the cost of any le8al advice to Trustees on governance or constltutlonal matters,
Support cost$
Support costs Include central functlons and have been allocated to actlvlty cost cate8orles on a basls
conslstent wlth the use of resources, for example, allocatln8 property costs by floor areas, or per capita,
staff costs by the tlme spent and other costs by thelr u5a8e.
Flxed assets
Individual fSxed assets costln8 £0 or more are initially recorded at C05t.
Depreclatlon
Depreciation is provided on tangSble fixed assets so as to write off the cost or valuation, less any estimated
resldual value, over their expected useful economic life as follows.,
Fixtures. fittin85 and equipment
Fixtures and fittings
Plant and machinery includin8 motor vehicles
IO% straight line basis
IO% straight line basis
33% Straight line basis
Page 10

Council for Dance. Drama and Muslcal Theatre
known as
CDMT
Notes to the Flnancial Statements for the Year Ended 28 February 2025
2. Investment income
Unrestrlcted Restrlcted Totsl Funds Total Funds
Funds
Funds
2025
2024
Interest on cash deposits
12.781
12,781
8,850
Incomlng resources from charltable actlvltles
Unrestrlcted Re$trlcted Total Funds Total Funds
Funds
Funds
2025
2024
Charltable artlvlty
Subscriptlons
Grants
Glft in klnd
Donation
CDMT UK Gulde to Professlonal Tralnln8
Accredltation/Validatlon Fees
Reco8nised Awards
Other Income
224,544
224,544
220,183
28,000
28,000
32,599
12,742
17,083
32,599
12.742
17,083
41,219
14,397
104,598
314,968
314,968
380,397
4. Total resources expended.
Unrestrlcted Restrlcted Total Funds Totsl Funds
Funds
Funds
2025
2024
Dlrect cosls
QualSty assurance & membershlp servlces
Consultancy fees
Advertlslng and promotlon and other
28,846
28,846
30,437
47,385
47,385
114,007
76,231
76,231
144,444
Support costs
Employment costs
Establishment costs
IT and communications
Offlce expenses
Printlng, posting and statlonery
Subscriptions and donations
Travel and subsistence
Entertainment and hospitality costs
Accountancy fees
Bank charges
Refreshments/Hospitality cost
Le8al and professional costs
108,617
39,538
7,987
1,866
2,109
147
354
108,617
39,538
7,987
1.866
2,109
147
354
115,876
38,821
11,267
1,857
2,160
103
781
5,781
423
78
26
5,781
423
78
26
4,836
537
32
io
166,926
166.926
176.280
Pagell

Council for Dance, Drama and Musical Theatre
known as
CDMT
Notes to the Financlal Statements for the Year Ended 28 February 2025
Resources expended on Charltable Activities
243,157
243,157
320,724
5. Governance cost$
Unrestrlcted Restrlcted
Funds
Funds
Total
2025
Total
2024
Employment costs
EstablSshment costs
IT and communicatlons
Office expenses
Prlntln81 POStin8 and stationery
SubscrSptlons and donatlons
Travel and subslstence
Accountancy
Independent examlnerfs fee
Insurance
Bank char8es
Legal and professlonal costs
Refreshments/Hospltallty Cost
Cost of Trustee meetln8S
36,206
13,179
2,662
622
703
49
36,206
13,179
2,662
622
703
49
118
5,781
1,245
2,745
141
38,625
12,940
3.756
619
720
34
261
4,836
1,205
1,963
179
5,781
1,245
2,745
141
26
54
26
54
li
33
Support cost
Employment costs
Offlce expenses
Cost of Trustee meetln8S
Examlnerfs fee
Accountancy fees
Basls ol allocatlon
Tlme spent, 25% Governance, 75% Charltable Actlvltles
Tlme spent, 25% Governance, 75% Charltable ActSvltles
100% Governance
100% Governance
50% Governance ba5ance Charltable Actlvltles
6. Tru$tee$' remuneratlon and expenses
No Remuneratlon was pald to any Trustee, The Trustees were Indemnlfled for the purchase of Insurance
(£7801 to Indemnlfy CDMT from loss arisln8 from the neglect of Its Trustees, employees, or a8ents and to
indemnlfy officers a8alnst the consequence of any neglect or default on thelr part, as permltted by the
governSn8 Instrument.
7. Nèt Income
Net Income Is stated after char8ln8'.
2025
2024
Independent Examlner
1,245
1,205
8. Employees, remuneratlon
The aggregate payroll costs of these persons were as follows..
2025
2024
Wages and salaries
156,384
164,140
Page 12

Council for Dance. Drama and Musical Theatre
known as
CDMT
Notes to the Flnancial Ststements for the Year Ended 28 February 2025
9. Taxatlon
The company is a reglstered charity and is, therefore, exempt from taxation.
10. TAngible fixed a$$et$
Flxtures,
ffttings and
equlpment
Cost
As at l March 2024
Addltlons
14,674
As at 28 February 2025
14,674
Depreclatlon
As at l March 2024
Charge for the year
14,674
As at 28 February 2025
14,674
Net book value
As at 28 February 2025
As at 29 February 2024
11. Debtors
2025
2024
Trade debtors
Other Debtors
Prepayments and accrued Income
7,384
1,552
4,104
1,128
4,918
8,936
10,150
12. Credltor$: Amounts falllng due wlthln one year
2025
2024
Trade credltors
Other Creditor5
Accruals and deferred income
1,881
7,247
25,552
7,604
27,433
14,851
Page 13

Council for Dance, Drama and Musical Theatre
known as
CDMT
Notes to the Financial Statements for the Year Ended 28 February 2025
13. Members, Ilablllty
The charity 15 a private company Ilmited by guarantee and consequently does not have share capital. Each
of the members Is Ilable to contrlbute an amount not exceedlng £1 toward5 the assets of the charlty in the
event of Ilquldatlon,
14. Related partle$
Controllln8 entlty
The charlty Is controlled by the Trustees who are all dlrectors of the company.
15. Analys1$ ol funds
l March
2024
Incomlng Resources 28 February
resources
expended
2025
Genoral Funds
Unrestrlcted Income fund
Restrlcted funds
312,070
327,749 (306,697)
333,122
312,070
327,749
(306,697)
333,122
16. Net assets by fund
Unrestrlcted Restrlcted Total Funds Total Funds
Funds
Funds
2025
2024
Tanglble assets
Current assets
Creditors: Amounts falllng due wlthln one year
360,555
(27,433)
360,555
(27,433)
326,921
(14,851)
Net assets
333,122
333,122
312,070
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