THE SAVE ME TRUST Trustees, Report and Unaudited Financial Statements for the year ended 31 March 2024 Registered Charity Number 1082568
THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INDEX Page Charity informatlon Trustees, report Independent examiner's report Statement of financlal actlvltles Balance sheet Accounting pollcle8 Notes to the financSal statements
THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CHARITY INFORMATION Trustees BHMay Jmay L Dales Principal office The Save Me Trust Pears Hill Westwood Road Windlesham Surrey GU20 6LU Registered charity number 1082568 Independent examiner Geoffrey Frost Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex P019 1SY Bankers Coutts & Co 440 Strand London WC2R OQS Page 1
THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES, REPORT The trustees have pleasure in presenting their annual report for the purposes of the Charities Act 2011. together with the accounts for the year ended 31 March 2024. The trustees have adopted the provisions of the S121ement of Recommended Practice (SORP) "Accounting and Rep)rting by Chanties" {FRS 1021 in preparing the annual report and financial statements of the charity. STRUCTURE GOVERNANCE AND MANAGEMENT The Save Me Trust is a registered charity constituted under a trust deed dated 6 September 2000 as amended 30 August 2012, and registered as a charity 22 September 2000. The power to appoint and remove Trustees is vested in the Trustees and exercised by deed. The number of Trustees shall be not less than three and in the event of their number falling below three. such additional Trustees or Trustee shall forthwith be appointed as shall be necessary to make their number up. On agreeing to become a Irustee of the charity, the trustees are thoroughly briefed by the existing co-truslees on the constitution of the Trust, the day-to-day management, responsibilities of the trustees, the current objectives and future plans. The Trustee5 are responsible for authorising grant payments, for ensuring all grants are made in pursuance of the objectives of the Trust and for ensuring the objectives of the Trust are met The Trustees are responsible for identifying and reviewing the major risks to which the Trust is exposed and confirm that, as far as is possible given the nature of the grant payments and locations to which they are made, arrangements have been eslablished to mitigate those risks. OBJECTIVES AND ACTIVITIES The charity's objects are.. 1. The relief of persons anywhere in the world who are in conditions of need, hardship and distress 2. The relief of sickness anywhere in the world 3. The relief of unnecessary suffering of animals anywhere in the world by such means as are charitable under the laws of England and Wales 4. For the benefrt of the public by the preservation and protection of endangered species of animals bird5 and plant life anywhere In the world ic Ben The Charrties Acl 2011 requires that the Trustees explain in their annual report how it is that their activities demonstrate the public benefit of their work within the meaning of the act. In charity law the advancement of animal welfare is recognised as a charitable purpose. The charity's purpose. The charity'5 objectives include providing protection to animals from suffering and the relief of sickness. Save Me Trust Works to give wildlife a voice. We continue to work to end the persecution and suffering of animals in the UK and increasingly around the world. ABOUT SAVE ME TRUST. HISTORY AND ACHIEVEMENTS Protecting Wildlife: The Save Me Trust is dedicated to safeguarding the welfare and dignrty ofwild animals. In the face of climate change, habitat destruction, and pollution, we work tirelessly to support sustainable change that benefits wildlife, businesses, and the environment alike. This year, we've strengthened our efforts to secure a brighter future for every species. Bovine TB and Badger Protection". Our focus on challenging the badger cull continues. Despite a decade of culling. bovine TB rates have not improved. We've documented our journey alongside farmers and Defra, culminating in a BBC documentary in August 2024. This film highlights more effective and humane strategies for combating bovine TB that work. As this is based on one farm but we are supporting other projects. We have exposed the depth of TB within the national herd and the inadequacies of the testing. Page 2
THE SAVE ME TRUST UNAUDITED FIK4NCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES, REPORT Wildlife Early Intorvention Plan: Our groundbreaking partnership wtth Persimmons Homes has progressed significantly. The Wildlife Early InteNention Plan is now in its final stages, with construction set to begin soon. This inrtiative is a unique collaboration aimed at protecting wildlrfe during the development phase, ensuring their safety and continuty on the site. Hunting Act Advocacy.. We've conlinued our campaign to close loopholes in the Hunting Act. Kicking off the year with a parliamentary event, we've gathered additional support for the May Amendments, which aim to finally end illegal hunting practices. We also support Clean Boot Hunts, promoting ethical and cruelty-free hunting atternatives. A change in government should see the loopholes closed. Woodlands Rejuvenation: Our woodland re-wilding project has made significant strides. We've carefulty managed the landscape, gradually removing old crop trees to reveal the resilient oaks that will anchor our rejuvenated woodland, ensuring a thriving habitat for wildlrfe. Media and Outreach: Our media presence remains robust, with growing support on platfomis like Facebook, Twitter, Instagram, and Save Me Friends. We've maintained high visibility through television, YouTube, and national newspapers. Aswe look ahead, we plan to expand our media reach and fomi new partnerships to further our mission. FINANCIAL REVIEW During the year under review total income amounted to £384,399 consisting of donations of £382,780 and bank interest of £1.619. Expenditure totalled £350,041 with £43,666 spent on fundraising and £306,375 on charitable activities. Net income was therefore £34,358 (2023.. £54,493). At the balance sheet date the charity had total funds of £189,776, with £141,203 restricted and £44,573 unrestricted. The charity's free reserves, being unrestricted funds not represented by fixed assets or designated for future use, were a surplus of £24,677. The trustees are content the charity has sufficient available funds, coupled with known future income to meet financial obligations as they fall due. Risk management The Trustees have assessed the financial risk management objectives and policies of the Trust. The exposure of the Trust to price risk, credit risk, liquidity risk, and cash flow is considered not material for the assessment of the assets, liabilities, financial position and surplus of the Trust. Investment policy and perfom7ance Given the short-term nature of the Trust's grant-making activities, the Trustees have decided to invest immediate any surplus funds in UK-based deposit accounts with a reputable bank. The deposit accounts offer security and ease of access to funds, together with a market-based interest rate. PLANS FOR FUTURE PERIODS As we move into another year, our plans include increasing our media presence, expanding our activities and hospital services, and forging long-temi partnerships with like-minded organisations. With the support of our volunteers, staff, and followers, we are poised to make an even greater impact on the lives of wildlife. The future looks promising, and we are excited for the challenges and opportunities ahead. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Genera15y Accepted Accounting Practice). The law applicable to charities in England & Wales qUireS the trustees to prepare financial statements for each financial ear which ive a true and fair view of the state of affairs of the charit and of the incomin resour$ and Page 3
THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES, REPORT application of resources of the charity for that period. In preparing these financial statements, the trustees are required to-. select suitable accounting poli¢ies and then apply them consistently., observe the methods and principles in the Charities SORP-, make judgements and estimates that are reasonable and prudent., state whether applicab5e accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records thal disclose with reasonab18 accuracy at any time the financial position of the charity and enable them lo ensure that the financial statements comply wilh the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed They are also responsible for safeguarding the assels of the charity and hence for takin9 reasonable steps for the prevention and detection of fraud and other irregularities. APPOINTMENT OF AN INDEPENDENT EXAMINER For the period under review the charity remained below the audit threshold and retained Geoffrey Frost of Blue Spire Limited as independent examiner. Approved the Iruslee and signed on their behalf. Trustee Page 4
THE SAVE ME TRUST
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
INDEPENDENT EXAMINER’S REPORT
Independent Examiner’s Report to the trustees of The Save Me Trust
| report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2024 which are set out on pages6 to 15.
Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
| report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination | 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 Act. | confirm that | am qualified to undertake the examination because | am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
| have completed my examination. | 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: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts 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.
| 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.
Geoffrey Frost BSc(Hons) FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY Date 30 January 2025
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THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF FINANCIAL ACTIVITIES 2024 Total Funds 2023 Total Funds Unrestricted Restricted Funds Funds Note INCOME AND ENDOWMENTS FROM: Donations and legacies Investments 378,559 1,619 4,221 382,780 1,619 411,793 528 Total 380,178 4,221 384,399 412,321 EXPENDITURE ON: Raising funds Charitable activities 40,822 297,846 2,845 8,530 43,667 306,376 37,804 320,024 Total 338 668 11,375 350,043 357,828 Net Incomelexpendlturel 41,510 17,154) 34,356 54.493 Transfers betriieen funds 13 (4.000) 4.000 Net movement In fund8 37.510 13,154} 34,356 54,493 RECONCILIATION OF FUNDS Total funds brought fomard 11, 12 7,114 148,304 155,418 100,925 Total funds carrled forward 11, 12 44.624 145,150 189,774 155.418 None of the charity's activities were acquired or discontinued during the above Iwo financial years. The charity has no recognised gains or losses other than those dealt with in the statement of financial activities. Page 6
THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 BALANCE SHEET AS AT 31 MARCH 2023 2024 2023 Note FIXED ASSETS Tangible fixed assets 19.894 26,027 CURRENT ASSETS Debtors Cash at hand and in bank Total current assets 195,862 195,862 166,893 166,893 CURRENT LIABILITIES Creditors.. amounts falling due within one year 10 25,982 37,504 Net current assetsl(liabilities) 169,880 129,389 Net assetsl(Ilabilltlesl 189,774 155,416 THE FUNDS OF THE CHARI Restricted funds Unrestricted funds 11, 12 11, 12 145.150 44,624 148,304 7,114 Total charity funds 189,774 155,418 The accompanying notes form part of the financial statements Approved by the trustees and signed on their behalf Trustee Date Page 7
THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES General informatlon, scope and basis of the financial statements The Save Me Trust is an unincorporated charity consliluted under a trust deed. The address of the principal office is given in the reference and administrative details section and the nature of the charity's operations and principal activities are given in the trustees, report. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019. the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice. The financial statements are prepared on a going concern basis under the histoncal cost convention, modified to include certain ilems at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. The charily does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A. Incomlng rèsources All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. For donations to be recognised the Charity will have been notified of the amounts and the settlement dale in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the Charity and it is probable that they will be fulfilled. Income from trading aclivilies includes income earned from fundraising events and trading activities to raise funds for the Charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. Investment income consist of interest received or receivable and accrued at the balance sheet date when material. Page 8
THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Resources expended All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expendtture is recognised where there is a legal or constructive obligation to make payments to third parties. it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following expenditure headings: Raising funds; these include costs of fvndraising and events. Charitable activities,. these include grants to third parties and the costs of administering the charity. Grants payable to third parties are within the charitable objectives. Vvhere uncondrtional grants are offered. this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to perfomance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity. Support and govemance Costs are those that assist the work of the charity but do not directly represent charitable activities. They are incurred directly in support of expenditure on the objects of the charity. Governance costs are those incurred in the governance of the charity and primarily associated with the constitution and statutory requirements. VAT The charity is not registered for VAT and is unable to recover VAT incurred. On this basis costs are recorded inclusive of VAT within the SOFA. Taxation The charily is conSided to pass the tests set out in sections $21 to 536 Income Tax Act 2007 (ITA 2007), as such no income tax is payable on the charity's activities. Tanglble assets Tangible fixed assets are stated at cost les5 accumulated depreciation. Depreciation is provided on all fixed assets, at rates calculated to write off the cost of each asset on a systematic basis over its expected useful life as follows.. Animal enclosures 25Dk reducing baSance Fixtures and fittings 25 % reducing balance Motor vehicles 25 % reducing balance Computer and camera equip. SO9 straight line Debtors recelvable and creditors payable within one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. Cash and cash equivalents Cash and cash equivalents includes cash at bank and in hand. Page 9
THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Forelgn currency Monetary assets and liabililies denominated in foreign currencies are translated into Pounds Sterling at rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into Pounds Sterling at the rate ruling on the date of the transaction. Exchange gains and losses are recognised in the Statement of Financial Activities. Fund accountlng Unrestricted general funds are incoming resources receivable or generated for use in furtherance of the general objects of the charity without restriction. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in note 13 of these financial statements. Golng concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. Page 10
THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS 1. Donations and legacies 2024 Total Funds 2023 Total Funds Income Funds Restricted Funds Income Funds Restricted Funds Donations 378,559 378,559 4,221 4,221 382,780 382,780 332,890 332,890 78,903 78,903 411.793 411,793 2. Investment income 2024 Total Funds 2023 Total Funds Unrestricted Restricted Funds Funds Unrestricted Restricted Funds Funds Interest received 1.619 1,619 1,619 1,619 528 528 528 528 3. Other trading actlvltles 2024 Total Funds 2023 Total Funds Unrestricted Restricted Funds Funds Unrestricted Funds Funds Staff costs Other fundraising costs 34,550 6,272 40,822 2,845 37,395 6,272 43.667 33,773 1,200 34.973 2,831 36,604 1,200 37,804 2.845 2,831 4. Charitable actlvitles 2024 Total Funds 2023 Total Funds Unrestricted Restricted Funds Funds Unrestrlcted Restrlcted Funds Funds Grants to institutions (see note 4a.) Badger Vaccination Amazing Grace project Support costs (see note 5) 5,000 5,000 2,614 14,336 298,074 320,024 2,667 5,863 2,667 5,863 297,846 306.376 2,614 14,336 297,846 297,846 298,074 303,074 8,530 16,950 4a. Grants to institutions - Animal Welfare Charities 2024 2023 Ukraine Animal Rescue s,000 Page 11
THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS 5. Support costs 2024 Total Funds 2023 Total Funds Unrestrl¢ted Restricted Funds Funds Unrestricted Restrlcted Funds Funds Bank charges Entertainment Office running costs Travel and motor expenses Telephone Pub5icity and website Postage and stationery Staff costs Campaigning promotional Light and heat Accounting Rates and water Cess Pit Maintenance Legal advice for campaigns Depreciation Miscellaneous costs Health & Safety compliance Equipment and repairs Staff employment cosls Foreign exchange lossl{gain) Governance Costs. Independent examiner's fees 1,092 1,092 685 273 13,326 6,066 6,049 30.798 3,123 146,418 976 20,089 14,865 687 11,218 11.033 12,313 1,023 91 7,878 9,785 {62) 685 273 13,326 6,066 6,049 30,798 3,123 146.418 976 20,089 14,865 687 11,218 11,033 12,313 1,023 91 7,878 9,785 1621 10,485 25,277 5.199 29,568 2,673 138,410 1,796 10,131 17,591 1,294 12,722 15.667 6,880 2,561 1,417 5,355 8,203 85 10,485 25,277 5,199 29.568 2,673 138,410 1,796 10,131 17.591 1,294 12,722 15,667 6,880 2,561 1,417 5,355 8,203 85 1,440 297,846 1,440 297.846 1,440 298,074 1.440 298,074 6. Independent examlner's fees 2024 Total Funds 2023 Total Funds Unrestrlcted Restrlcted Funds Funds Unrestrlcted Restrlcted Funds Funds Examination current year 1.440 1,440 1,440 1,440 7. Related party transactions No Trustees or companies where a Truslee was a director received any remuneration or expenses durinq the vear B H May, a Trustee of the Trust, is a director of Duck Productions Limited, a company, which made gift aid payments to the Trust amounting to £317,000 during the year12023-. £265,000) The charity has one member of staff, who constitutes key management personnel, receiving employee benefits of £86,189 {2023.' £81.461) consisting of gross pay and employels pension contributions. Page 12
THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS 8. Staff costs 2024 Total Funds 2023 Total Funds Gross wages Employerfs, NIC Pension 158,802 12,267 4,735 175,804 165,488 13,583 3,951 183,022 The average number of employees, calculated on average headcount basis, was.. 2024 2023 Charitable activities One employee received employee benefits (excluding employer pension costs) above £60,000 in the range £70,000. £80,000 in the year under review and the comparative year. 9. Fixed assets Computer & Camera equipment Animal enclosures Flxtures & flttings Motor vehlcles TOTAL Cost brought forward Additions Disposals Carried fOard 15,415 5,049 66.578 22,769 747 109,811 747 15,415 5,049 66,578 23,516 110,558 Depreciation Accumulated brought forward Charge for the year On disposals Carried loard 12,672 686 1,505 886 54,730 2,962 14,877 2,346 83,784 6,880 13,358 2,391 57,692 17,223 90,664 Net book value carried forward 2,057 2,658 8,886 6,293 19,894 Net book value brought forward 2,743 3,544 11,848 7,892 26,027 10. Credltors: amounts falling due within one year 2024 2023 Trade and other creditors Accruals 15,906 10,076 25,982 30,766 6,738 37,504 Page 13
THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS 11. Analysls of net assets between funds 2024 Total Funds 2023 Total Funds Unrestricted Restricted Funds Funds Unrestricted Restrlcted Funds Funds Tangible fixed assets Current assets Current liabilities 19.894 50,712 25,982 44,624 19,894 195,862 25,982 189,774 26,027 18,589 37,504 7,112 26,027 166.893 37,504 155,416 145,150 148,304 145,150 148,304 12. Net movement In funds Year ended 31 March 2024 Total Total Transfers Total funds Incoming resources between carrled resources expended funds forward Total funds brought forward Restricted funds Badger and cattle vaccinalion Rewilding campaign Amazing Grace campaign 148,304 27 597 15,512) 142,819 597 1.734 145.150 5,863 11,375 4,000 4,000 148,304 Unrestricted funds General funds 7.114 155,418 380,178 44,624 338,668 4,000 384,399 350,043 189,774 Year ended 31 March 2023 Total Total Transfers Total funds Incomlng resources between carrled resources expended funds forward Totsl funds brought forward Restricted funds Badger and catt5e vaccination Rewilding campaign Amazing Grace campaign 89,182 60 39.116 39,727 78,902 (5,4451 83,797 39,116 25,391 148,303 14,336 19,781 89,182 Unrestricted funds General funds 11,743 100,925 333,419 412.321 338.047 357,828 7.114 155,418 Descri tion f funds Badger and cattle vaccination Funds received to be used to support a vaccination programme with the aim of reducing the risk of bovine TB in individual badgers and reduce transmission from badger to badger and therefore onto Rewilding campaign Funds received to be used to support planling schemes used inline with existing flora and fauna to enhance the food chain for wildlife. Page 14
THE SAVE ME TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS 12. Net movement in funds (continued) Amazing Grace campaign Funds received to be used to support the Amazing Grace project to raise awareness of the challenges faced by hedgehogs and increase hedgehog friendly environments. 13. Transfer between funds During the year under review it was concluded that the intention of a donor was for their £4,000 donation to be included as part of the Amazing Grace Campaign. As such a transfer has been included move these funds. 14. Comparative ststement of financial activities 2023 Total Funds Unrestricted Restricted Funds Funds Note INCOME AND ENDOWMENTS FROM.. Donations and legacies Investments 332,890 528 78,903 411.793 528 Total 333,418 78,903 412,321 EXPENDITURE ON: Raising funds Charitable activities 34,973 303,074 2.831 16,950 37.804 320,024 Total 338,047 19,781 357,828 Net incomelexpenditure {4,629) 59,122 54.493 Transfers between funds 13 Net movement In funds (4,629) 59,122 54,493 RECONCILIATION OF FUNDS Totsl funds brought forward 11, 12 11.743 89,182 100,925 Total funds carried fopNard 11, 12 7,114 148,304 155,418 Page 15