CHARITY REGISTRATION NUMBER: 1080182
Immanuel Presbyterian Church, Caerau
Unaudited Financial Statements
5 April 2024
GORDON DOWN & COMPANY LIMITED
Accountants and business advisors
144 Walter Road
Swansea
SA1 5RW

Immanuel Presbyterian Church, Caerau
Financial Statements
Year ended 5 April 2024
Page
Trustees, annual report
Independent examiner's report to the trustees
Statement of financial activities
Statement of financial position
Notes to the financial statements
The following pages do not form part of the financial statements
Detailed statement of financial activities
18
Notes to the detailed statement of financial activities
19

Immanuel Presbyterian Church, Caerau
Trustees, Annual Report
Year ended 5 April 2024
The Irustees present their report and Ihe unaudited financial slatemenls of Ihe charity for the year
ended 5 April 2024.
Reference and admlnlstrative detalls
RegiSte￿d charity name
Immanuel Presbyierian Church. Caerau
Chariiy registration number
1080182
Principal office
Church Office
10 Panteg Close
Culverhouse Cross
Cardiff
CF5 4TW
The trustees
Mr T D Bees (Elder)
Dr P J Comey (Elderl
Rev Dr P J Na￿or (Elderl
Mr D Union
Independent examlner
Philip Harris ACA
144 Walter Road
Swansea
SA1 5RW

Immanuel Presbyterian Church, Caerau
Trustees, Annual Report (continued)
Year ended 5 April 2024
Structure. governance and management
Governing documenl
Immanuel Presbyterian Church, Caerau is constituted under a Trust Deed dated 16 May 1999 and
revised on 13 Augusl 2013 and has registered charity number 1080182.
Organisational structure
The Trustees who have served during the year and since the year-end are sel oul on page 1 together
with other legal and adminislrative information. The church is ruled by ils ordained elders. The
-Trustee" so called, is a custodial trustee for property only. The Trustees are elected by the Elders.
session.
Appointment and induction of new trustees
Trustees are appointed by the Elderfs session. The Elders are responsible for the induction of any new
Truslee. This involves making ihem aware of a Trustee's responsibilities and of the nature ol Ihe
governing document and administrative procedures. A new Trustee would be given access to a copy
of the charity's Trust Deed logelher with a copy of the charity's latesl Annual Reporl and Accounts.
Key management remuneration
The board of Trustees are considered to be the key management personnel of the charity. Details of
Truslee remuneration or other benefits are disclosed at note 14. Details of Trustee expenses and
relaled paty transactions are disclosed in notes 14 and 21 respectively. Total payments to all key
management personnel is included in note 13.
Risk management
The Trustees have conducted a review of the major risks to which the charity is exposed. Where
appropriate, systems or procedures have been established to mitigale the risk the charity faced.
These procedures are periodically reviewed lo ensure they continue to meet the needs of the charily.

Immanuel Presbyterian Church, Caerau
Trustees, Annual Report (continued)
Year ended 5 April 2024
Objectives and activities
Objectives and aims
The object of Immanuel Presbyierian Church, Caerau hereinafter called 'the Church. is to advance the
Christian Religion in accordance with its declared Confession of Faith and Subordinate Standards. In
furtherance of the above object but not further or otheThYise, the Church has the following powers..
(al to establish and build up a Christian church according lo the teaching of Scripture, that is a church
in Ihe fullesl sense of the lerm as lound in Scripture-
Ibl to declare the whole counsel of God as revealed in holy Scripture and summarised in the
Confession of Faith and Subordinale Standards of the Church.,
Icl lo express the Christian life wilhin and outside Ihe fellowship of the Church-
Idl to erect or acquire, mainlain and. if necessary, dispose of such land and buildings as are needful to
accomplish the object, and for no other purposes than those consistent with charitable status.,
(el to seek and establish visible union wtlh all like-minded churches. i.e. with churches which have the
same. or a closely compalible. confessional basis and form of government
If) lo seek association i.e. fraternal or sister-church relations, with other Reformed or Presbyterian
churches subscribing to Ihe Westminster Confession of Faith or the Three Forms of Unity li.e. Ihe
Belgic Confession, the Heidelberg Catechism and the Canons of Dort) or a compatible Reformed
confession-
Igl to co-operate wherever possible, on a Biblical basis appropriate to each category, wth other
Christian churches and organisations.,
Ihl to establish and maintain, according to the providence of God, such institutions and structures as
will provide for= Christian education- theological training,. care of the old and infirm- good works to be
done lo all men and especially those of the household of faith, and
lil to undertake Ihe task of church extension and foundation as the persuasion of Scripture, providence
and the Holy Spirit direct and constrain.
Volunteers
The charity provides a stipend for the minister of the church. In addition the charity employs two
members of staff. The charily has numerous volunleer helpers who are responsible for the support ol
many activities in the church. It is not possible to place a monetary value on the contributions made by
volunteers nor are ligures available that show how many hours of service they provide.

Immanuel Presbyterian Church, Caerau
Trustees, Annual Report (continued)
Year ended 5 April 2024
Achievements and pertorniance
Immanuel Presbyterian Church, CaeraLJ promotes the Christian Religion primarily but not exclusively
within the districts of Ely in the City of Cardiff.
Public benetil slatement
The Elders confirm that they have complied with the duty under the Charities Acl 2011 to have due
regard lo the Charity Commission's general guidance on public benefit when planning church activilies
for the year. Public benelit is provided principally by the provision of a Place of Worship, with regular
public meetings held for worship. The Church seeks to fulfill its charitable objectives in the
advancement of Ihe Christian Religion and in supporting those in need.
Developments within the charity
The period 6 April 2023 - 5 April 2024 has seen progress in the life of the church as indicated below.
The objects of the charity are to advance the Christian religion in accordance with the Westminster
standards, to the glory of God and the benefit of mankind everywhere. These objects were effected by
preaching the gospel of Jesus Christ and teaching Christian doctrine- by providing the means to allow
believers to practice their faith- by applying Christian doclrine and making available lilerature lo explain
faith and how to OU￿Ork it in life,. to administer the sacraments of baptism and the Lord's Supper- by
distributing copies of the Bible- and by showing praclical Christian charity lo those in need. The public
seNices of the church are open to all. Recordings of sermons are regularly uploaded and are freely
available lo all via Ihe Internet- Christian lilerature is displayed and available without charge.
11 is affirmed that Ihese objecls, in parlicular Ihe public worship and the adminislralion of the
sacraments, cannot be achieved unless persons are physically present in assembly.
The usual services to mark Easter, the haNest, the Incarnation, and the Reformation, were held in the
church. The Sunday School and meelings for some of the youth of the area were conlinued in Ihis
period.
Pastoral visits continued to be made by officers of the church on a regular basis and according to
particular need.
Fellowship meals were held on a regular basis following the Sunday moming seNice for worship.
Outreach work was continued in the district around the church by means of leaflet distribution and
conversations.
Mr Benjamin Mitchell continued as ministerial assistant with an extension lo his contract to Ihe end ol
2024.

Immanuel Presbyterian Church, Caerau
Trustees, Annual Report (continued)
Year ended 5 April 2024
Financial review
Going concern
Having considered budget and cash flow projections for the next twelve months, the Trustees are
conlidenl that the Church wll continue to meel its liabilities as they fall due for Ihe loreseeable luture
and consider that there are no material uncertainties about the Church's ability to continue as a going
concern. It is therefore considered appropriate by Ihe Trustees to prepare the financial statemenls on
a going concern basis.
The accounts comply with the current statutory requirements and the charitWs governing documents.
Total incoming resources for Ihe year of £170,556 {2023 £115,678) consist almost entirely of
donations received of £104.715 {2023 - £96.067), tax refunds of £21,040 (2023 £19,470) and a
bequest of £44,29712023 - nil). A significant proportion of the total expenditure of £126,92612023
£114,620) relales to minislry SUPPOrt.
Incoming resources exceeded resources expended by £43,630 (2023 - £1 ,0581.
Reserves Pollcy
The Elders have examined the level of reserves held at the year end in light of the main risks lacing
the organisation. A policy has been established lo maintain suff icient reserves equivalent to up to Iwo
months operating costs. This is estimated to be approximately £12.500.
The Iree reserves of a charity represenl the funds that are freely available to spend. In calculating Ihe
free reserves the Elders have deducled from the total of unreslricled funds any funds designaled al the
year end and the nel book value of all tangible fixed assets as detailed in the accounts after adjusling
for associated borrowing. This leaves a surplus of free rese￿eS at 5 April 2024 of £89.584 which is
above the target set by the Elders for free rese￿es. The policy is reviewed by the Elders on an ongoing
basis.
A designated fund was in place during the year which was set up by the Elders in 2016 to prepare for
the future ministerial needs of the church. The total lunds designated at the year end were £11,211 .
The trustees, annual report was approved on 28 January 2025 and signed on behalf of the board of
trustees by:
Mr T D Bees (Elderl
Trustee

Immanuel Presbyterian Church, Caerau
Independent Examiner's Report to the Trustees of Immanuel Presbyterian
Church, Caerau
Year ended 5 April 2024
I report to the trustees on my examinalion of the financial slatemenls of Immanuel Presbyterian
Church, Caerau ('the charity) for the year ended 5 April 2024.
Responslbilitles and basls of report
As the trustees of the charty you are responsible for the preparation of the financial stalernents in
accordance with the requirements of the Charities Act 2011 {'the Act'l.
I report in respect of my examination of the charitys 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 examlner's slalement
I have completed my examinalion. I confirm that no material matters have come to my attention in
connection with Ihe examination giving me cause lo believe that in any material respect..
accounting records were not kept in respe￿ of the charity as required by section 130 of the
Act., or
the financial slatements do not accord with those records., or
the financial statements do not comply with the applicable requirements concerning ihe form
and content of accounts set out in the Charities {Accounls and Reports) Regulations 2008
olher than any requirement that Ihe accounts give a 'lrue 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 attenlion should be drawn in this report in order lo enable a proper underslanding of Ihe
accounts to be reached.
Philip Harris ACA
Independent Examiner
144 Waller Road
Swansea
SA1 5RW
2025

Immanuel Presbyterian Church, Caerau
Stalement of Financial Activities
Year ended 5 April 2024
2024
Restricted
funds Tolal funds
2023
Unrestricted
funds
Total funds
Note
Income and endowmenls
Donations and legacies
Investment income
Other income
162,942
504
7,110
170,052
504
115,537
41
100
Total income
163,446
7,110
170,556
115,678
Expenditure
Expenditure on charitable activities
Total expenditure
126,926
126,926
114,620
126,926
126,926
114,620
Net income and net movement in funds
36,520
7,110
43,630
1,058
Reconciliation of funds
Total funds brought lO￿ard
Total funds carried forward
433,414
433,414
432,356
469,934
7.110
477,044
433.413
The statement of linancial activities includes all gains and losses recognised in the year.
All income and expendilure derive from continuing aclivities.
The notes on pages 9 10 16 fomi part of these flnan¢lal ststemenls.

Immanuel Presbyterian Church, Caerau
Stalement of Financial Position
5 April 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
15
363,749
372,563
Current assels
Deblors
Cash at bank and in hand
16
14,127
101,975
11,969
50,255
116,102
62,224
Credilors: amounts falling due wlthln one year
Net currenl assets
17
2,807
1.373
113,295
60,851
Total assets less currenl Ilabllllles
477,044
433,414
Funds ol the charlly
Reslricted funds
Unrestricted funds
27,110
449,934
433,413
Total charlty funds
19
477,044
433,413
These financial statements were approved by the board of trustees and authorised for issue on 28
January 2025, and are signed on behalf of the board by:
Mr T D Bees (Elderl
Trustee
The notes on pages 9 10 16 fomi part of these flnanclal statements.

Immanuel Presbyterian Church, Caerau
Notes to the Financial Statements
Year ended 5 April 2024
General inforniation
The charity is a public beneff( entity and a registered charity in England and Wales and is
unincorporated. The address of the principal office is Church Office, 10 Panteg Close,
Culverhouse Cross, Cardiff, CF5 4TW.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and Ihe Republic of Ireland,, Ihe Stalement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in Ihe UK and Republic of Ireland {FRS 102} (Charilies
SORP (FRS 102)) and the Charities Act 2011.
Accounllng pollcles
Basls of preparatlon
The financial statements have been prepared on the historical cost basis.
The financial slatemenls are prepared in sterling, vthich is Ihe functional currency of the entity-
Going concern
There are no material uncertainties about the charitls ability io continue.
Dlsclosure exempiions
The entity satisfies the crileria of being a qualifying entity as delined in FRS 102. As such,
advantage has been taken of the following disclosure exemptions available under paragraph 1.12
of FRS 102..
{a) No cash flow statement has been presented for the charty.
Judgements and key sources ot estimation uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that aHecl Ihe amounts reported. These eslimates and judgemenls
are continually reviewed and are based on experience and other factors, including expeclalions of
future events that are believed to be reasonable under the circumstances.
Signilicant judgements There are currently no key judgements that management has
made in Ihe process of applwng the enliws accounling policies that have a significanl effect
on the amounts recognised in the financial statements.
Key sources of estimalion uncertainly - There are currently no key assumpiions or other
sources of estimation uncertainty ihat have a significant risk of causing a material adjustment
to the carrying amounts ol assets and liabilities within the next financial year.
Income tax
The charity is exempt from tax on its charitable activilies.

Immanuel Presbyterian Church, Caerau
Notes to the Financial Statements (continued)
Year ended 5 April 2024
Accounting policies (conlinued)
Fund accounting
Unreslricled 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 subjecled to restrictions on their expenditure declared by the donor or
Ihrough the terms of an appeal. and fall into one of Iwo suiFclasses.' restricted income lunds or
endowment funds.
Incoming resources
All incoming resources are included in the stalement of financial activities when enlitlement has
passed lo the charity,. it is probable thal the economic benefits associated wilh the transaction will
Ilow to the charily and Ihe amount can be reliably measured. The lollowing specific policies are
applied lo particular categories of income:
income from donations or granls is recognised when there is evidence of entillement to the
gift, receipt is probable and its arnount can be measured reliably.
legacy income is recognised when receipt is probable and entillemenl is eslablished.
income Irom donated goods is rneasured at the fair value of the goods unless this is
impractical lo measure reliably. in which case the value is derived from the cost to the donor
or the eslimaled resale value. Donated facilities and services are recognised in the accounls
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
incorne frorn contracts for the supply of services is recognised with the delivery of the
conlracled service. This is classilied as unrestricled funds unless there is a contraclual
requirement for it lo be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricled.
10

Immanuel Presbyterian Church, Caerau
Notes to the Financial Statements (continued)
Year ended 5 April 2024
Accounting policies (conlinued)
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 ol the slatemenl of
financial activities to which il 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 charilable activilies includes all costs incurred by a charity in undertaking
activities Ihal further its charitable aims for the benefit of its beneficiaries. including those
support cosls and costs relaling to Ihe governance of the charity apportioned lo charitable
aclivities.
other expenditure includes all expenditure that is neilher related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure calegories reflecting the use of the resource. Direcl cosls
attribulable to a single activity are allocated directly to that activity- Shared costs are apportioned
between the aclivtties they contribute lo on a reasonable. justifiable and consistent basis.
Donated services
Much of Ihe work of the charily is carried oul voluntarily by its members. No adjuslment has been
made to the accounts for the estimated value of these seryices as the Trustees do not consider
Ihal any financial cost has been borne by any Ihird party-
Tangible assets
Tangible assets are initially recorded at cost. and subsequently stated at cosl less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded al the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revalualion, is recognised in other
recognised gains and losses. unless it reverses a charge for impairmenl thal has previously been
recognised as expenditure wilhin Ihe statemenl of financial activilies. A decrease in Ihe carrying
amounl 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 Ihe slatemenl of financial activities.
Depreciation
Depreciation is calculated so as lo write off the cost or valuation of an assel, less its residual
value, over the useful economic life of that asset as follows=
Freehold property
Fixtures and fittings
Computer equipmerrt
Improvemenls to propety
0/0 on land and 2°/0 on buildings
25 % straight line
330/0 Straight line
10°/o Straight line
11

Immanuel Presbyterian Church, Caerau
Notes to the Financial Statements (continued)
Year ended 5 April 2024
Accounting policies (conlinued)
Impainnent of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being eslimated where such indicators exist. Where Ihe carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporling date.
For the purposes of impairment testing. when il is not wssible to estimale the recoverable
amount of an individual asset, an estimate is made of the recoverable amounl of the cash-
generating unit lo which the asset belongs. The cash-generaling unit is the smallest idenlifiable
group of assels Ihal includes the assel and generates cash inflows that largely independent of the
cash inflows from other assets or groups of assets.
For impairment testing of go¢xlwill. the gO(x1v￿lI acquired in a business combination is, from the
acquisition date. allocated lo each of the cash-generating unils that are expected to benefit from
the synergies of the combination. irrespective of whether other assets or liabilities of the charity
are assigned lo Ihose unils.
Financial instruments
The Church only has financial assets and financial liabilities of a kind that qualify as basic
linancial instruments. Basic financial instruments are initially recognised al transaction value and
subsequently measured al their settlement value with the exception of bank loans which would be
subsequently measured at the carrying value plus accrued inlerest less repayments.
Donations and legacies
Unreslricled
Funds
Restricted Total Funds
Funds
2024
Donallons
Offerings
Gift Aid
97,605
21,040
7.110
104,715
21,040
Legacies
Legacies
44,297
44,297
162,942
7.110
170,052
Unreslricled
Funds
Restricted Tolal Funds
Funds
2023
Donations
Offerings
Gift Aid
96,067
19,470
96,067
19,470
Legacies
Legacies
115,537
115,537
12

Immanuel Presbyterian Church, Caerau
Notes to the Financial Statements (continued)
Year ended 5 April 2024
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Interest receivable
504
504
41
41
Other income
Unreslricled Total Funds Unreslricted Total Funds
Funds
2024
Funds
2023
Other income
100
100
Expenditure on charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Ministerial and Pastoral actimlies
Support costs
85,609
41,317
85,609
41,317
92,159
22,462
92,159
22,461
126,926
126,926
114,621
114,620
Expenditure on charitable activities by activity type
Activities
undertaken Grant funding
directly of activities Support costs
Total funds
2024
Total fund
2023
Ministerial and Pastoral
activities
Governance costs
78,410
7,199
39,943
1,374
125,552
1,374
113.154
1,466
78.410
7,199
41,317
126,926
114,620
Analysis of support costs
Analysis of
support cosls
Total 2024 Total 2023
Staff costs
Premises
Communications and IT
Governance costs
Depreciation
Other
2,137
23,453
2,546
1,374
11,551
257
2.137
23.453
2,546
1.374
11.551
257
2,026
5,441
2,343
1,466
10,903
282
41,318
41.318
22,461
13

Immanuel Presbyterian Church, Caerau
Notes to the Financial Statements (continued)
Year ended 5 April 2024
10. Analysis of grants
2024
2023
Grants to institutions
Support for ministry in Poland
EPCEW
Berlin church
Polish church re Ukraine
3,420
400
1,250
9,421
3,750
2,325
3,075
5,070
18,571
Grants to individuals
Various
2,129
103
Tolal granls
7,199
18,674
11. Net Income
Net income is stated after chargingl(creditingl=
2024
2023
Deprecialion of tangible fixed assets
11.550
10,903
12. Independent examination fees
2024
2023
Fees payable to the independent examiner for=
Independent examination of the financial statements
Other financial services
400
1,066
400
1,066
1,466
1,466
13. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2024
2023
Wages and salaries
41,079
39,923
The charity had three employees in the year as noted below in nole 14 Trustees, remuneralion
and benefits. The lolal employee benefits of the charity's key management personnel were
£39,2771 12023 - £38,151).
The average head count of employees during the year was 312023: 3).
No employee received employee benefits of more Ihan £60,000 during the year {2023= Nil}.
14

Immanuel Presbyterian Church, Caerau
Notes to the Financial Statements (continued)
Year ended 5 April 2024
14. Trustee remuneration and expenses
The charity had three employees during ihe year one of whom {the Minister of the church} is also
a trustee. His remuneration during the year was as follows..
2024
2023
Trustees, salaries
Trustees, pension paid
Trustees. Benefits in kind (business expenses and travel)
34.005
4,937
335
33,453
4,444
254
39,277
38,151
The charity's Constitution makes provision for payments to be made to a trustee.
Trustees expenses
Payments to reimburse Ihe Trustees during ihe year totalled £1,529. These were in respect of
three Trustees for the cost ol travel, theological resources, equipment and off I￿ supplies. It
appears that in many cases the Trustee acted as agenl of the charity and made purchases on ils
behalf. Such expendilure was not related to the service provided by the Trustee.
15. Tangible flxed assets
Improvemen
tsto
property
Freehold Fixtures and
propety
fittings Equipment
Total
Cosl
Al 6 April 2023
Additions
Revaluations
362,209
26.906
2,738
225
174,132
563.472
2,738
121
566.208
At 5 April 2024
Depreciation
Al 6 April 2023
Charge lor the year
At 5 April 2024
Carrying amount
At 5 April 2024
At 5 April 2023
362,209
29,643
225
174,131
48,663
3,244
25.708
1,114
224
116,314
7,192
190,909
11,550
51.907
26,822
224
123,506
202,459
310,302
2.821
50,625
363.749
313,546
1.198
57,818
372.563
16. Debtors
2024
2023
Other debtors
14.127
11,969
15

Immanuel Presbyterian Church, Caerau
Notes to the Financial Statements (continued)
Year ended 5 April 2024
17. Creditors: amounts falling due within one year
2024
2023
Creditors and accruals
2,807
1,373
18. Spare bs note 14
19. Analysis of charitable funds
Unrestricted funds
Designated funds are part of the charitWs total unrestricted funds noted above and represenl
amounts earmarked by the Elders to be used for particular purposes in the fulure. The Elders
have the power lo re-designate such funds within unrestricted funds. Designated funds are nol
disclosed separately on the charity's Statement of Financial Activities nor on its Balance Sheet.
Fulure Minislries Designated fund
This designated fund was eslablished in 2016 to prepare for the future ministerial needs of the
church.
Restricted funds
A fund lo cover the cost of renewing the church roof was set up during the year. Donations of
£7,110 were received and a transfer of £20,000 was made Irom general funds, giving a year end
balance of £27,110.
20. Analysls of nel assets between funds
Unrestricted Total Funds
Funds
2024
Tangible fixed assets
Current assels
Creditors less than 1 year
Nel assets
363.749
116.102
12.807)
477.044
363,749
116,102
12,8071
477,044
Unrestricted Tolal Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less Ihan 1 year
Net assets
372.563
62,224
11.373)
433.414
372,563
62,224
11,3731
433,414
21. Related parties
The aggregate value of unconditional donations made by the Trustees in the year to 5 April 2024
was £13.750 {2023 - £9.4301.
16