REGISTERED COMPANY NUMBER: 04157375 (Englaiid and Wales) REGISTERED CHARITY NUMBER: 1087420 Report of thc Trustccs aild Fijiaiicial Stateinents foi. the Ycar Endcd 31st Murch 2024 (or Cfipital PJ'ojec¢ Trust Sheen Stickl¢ind Chartei'cd Accounlants 7 fasi Pallanl Chichcslcr West Sussex E)019 ITR
Capital Pi'oject Trust Contents of the Finaneial Statements for the Year Ended 31st March 2024 Page Report of the Tru$tees I to 12 Independent Examiiier's Report 13 Statement of Financial Activities 14 BAlance Sh¢¢¢ 15 to 16 Cash Flow St#tem¢nt 17 Notes to tho Cash Flow Statcment 18 Not¢8 to the Finfjncifil Statements 19 to 27 Detfilled StAtcmeii¢ of Financial Actlvltle$ 28 to 29
Capital Project Trust
Report of the Trustees
for ihe Vear Ended 31st March 2024
The tnistees who are also directors of the charity fur the pury)oses of the Con]panies Act 2006, presenl tl)eir report with
Ihc financial statements of the charity for the ye<ir ended 3 Isl March 2024. The trllstees have adopted the provisions of
Accouiiling and Rcporting by Charilie8.' St(Itement of Recoininended I'ractice applicable lo rhai'ities prep(Iring tlieir
cILcounts in accordancc wilh the financial Reportinb Standard ctppliLable in the UK and Republic of Ir¢land (FRS 102)
(effective l Jtinuary 2019).
OBJECTIVES ANI) ACTIVITIF.S
Objectives and aims for the public benefit
Th¢ Cllpital Projeci Ti'ust h¢lS been established lls a Cliarity since 2001. Completely service user led, il exists with the
aim of irnprovin&y the lives of people who experience mental and emotional dislre.88 by..
Providing miitiial peer support and ti'aining) lo people who use mental hcallh 8crvicc8.
Pi'ovidingy training and cunsullalion services to mental health service providers.
Working with partnei's in the voluntary and statutory sectors to inonilor mental health services to ensure that they
are c1S glood as they can bc.
RaisinLy awareness of Inental health issues in the wider communities to proinote social inclusion and overcome
8tigina.
Reriiin oiir iinique qiiality as <7 8cl.vice u8cI'lm¢mb¢r led. mutuiilly supportive oi'gai)isalion.
Continiie our absolute conimitincnl lo pulliiig people first within the orbyanisalion, w¢ cai'c about oui, memb¢r.%, our
tru8t¢¢.8 and oiir 8talY and will ensurc that people'8 wellbeingF is the fundam¢nlal ¢oiisid¢rillioii as w¢ devolop oui.
business priorilies.
Maintain our Loininitmcnt to Inaking, CAI)i"fAL accc88ible and free to all 11)ose wlio wish lo be members.
Work to breuk down thc sti&inia th<lt people with Inciilal lieaiih probleins experience by informinb) the wider PLiblic
aboul rnontal li¢alih issues.
Be a voice advocaliiigy for iini)ruvemcnt8 lo L]ic C
Capital Project Trust Report of the Trustees for the Year Ended 31st March 2024 ACHIEVEMENT AND PERFORMANCE Charitable activitie We We partners in brin&TlllbF a sequel 'Coproducing Coproduction, confer¢nce. Partnerships & lived expeTien¢e con8ullation has developed, with continued work pla[ed with West Suss¢x County Council. expanding our lived expci'iencc consultancy. We've started our new branding journey. Coproduction work goes from streiigih lo sti'cngth. Tl)e Sussex Coproduction network is gl'owing. and we have secured lurlhcr fiiiiding for coproduction lead contract for Wc81 Sussex. Our membci'811ip cngagement coiitinuc8, Wlth focus groups and Member8 Days and Membership peei. leadcr81iip dcvclop8 in community hiibs and groups. We've renewcd publicity materials as we gJcl out and about agaiii making connections with people and pronioling CAI)I'l'AI, al events. We've confinned Pathfindei, contract for a fuither year, A Diffcrcnt View look place in I,illlehanipton and Crawley> leading7 to an gyullery exhibilioi) in Worthiiig. Foi. Ilie fir.8l tinie we held an in-person Coproduction Workshop cvent for our W¢8t Suss¢x LEAG m¢mbers, also in October 2023. We worked with and were comini88ioii¢d by. West Sussex County Colincil's l?ublic Ilealth 'leam, lo produc¢ lived cxpcricnce events. We held <7 CAPITAL Festive Gel Togyeiher in D¢ccmber lo celebrate succe88c.s 01" 2023 and look torwai'd lo 2024. l)urin&y 2023ll024 C'APITAL, siippoi1ed 1,928 pcoplc across all oui. work. CAPITAL Membershlp l)Lirin&, 2023 a iiew role of Fngagiemenl Manager was created 10 lielp provide dedicated support to membcrship engFugFement and lo Icad our meinbership sli'alcgy. The m¢mbcrship strdiegy developed tlii'ougpli sonie few focus groups and members days, lo define and begin working out priorities loi. Inembership. Our membership sLI'ategy has tliese priorities.. l) Membership Conla¢l (Gominunicalion) 2) CAI)I'I'AL Newslctter and Diaiy of Eveiils 3) MenlorlEluddy scheinc - for new members andlor volunte¢ 4) 'New Members Welcome, framewoi"k 5) Evc11ualions- Mernbership feedback 6) Peer Led Groups - framewoi'k 7) Transport provision franiework 8) Membership niodel revi¢w 9) Voliinteer recruitment, induction and supervision framework l O} Membership Pc1yment 5chcme review Plan8 b¢hind ihese pi'iorities h¢lVC scen the introduction of.. ¢ ncw digital plione systern ID improvc access lo a person when callinLr oui. mainlinc tclephone number cl)angcq lo our menibership commut)ications with membei's conh'ibuting lo new8lcllcr8 a new streainlined e-newslettei. wliich averag¢s 81 /0 of delivered emails opened by recipients PagFe 2
Capital Project Triist Report of the Triistte8 foi. tlie Year F.nde(13 1st Mai'cl) 2024 forinal voluiileer roles, logeilier with man<igJemenl frainework, liiindbook and suppoit Ineinbership feedbilck sui'vey - foi. (111 InLLliiigJs <ind gJroiips I'efreshed gJroiip <1&ll'L¢nienl tor meclinLys peer led gji'oiips li) Bogiiior Re&iis, Ci'1( wley and East Gi'inste<id We held an eveiil in Jline 2023 lo bring, people togTetl)er lo look lil oiii. inlerirn strale&'y and &?ive an Lipdale 011 the meinbei'sliip engFab)einenl woi'k so fi¢ r. Meinbers clttendiiigy <11so woi'ked on I'efreshingy <ind iipd¢1tinLy our GroLlP Agireetnenl and develop oiir slrategTri¢ pl¢ini)ing ideas fiiiil)er S we consiilled with Inen)bers about our c11nbilioii lo 'eii liiince existing p¢ei' led services,. Ll'ciiesis Meinbers iii Bog?i)or Rcg?is celLbi'aled aiid Iribliled Tiin 13ii'd's sigynilici( lil work with CAPITAL. As a co-lolinder and lifelon&¥ siipporler, Tin)111¢ s retired fi'oiii Iiis roles at CA I)I'I'AI. Adl)eriii&J lo tl)e Geiieral Data Proleclion RegTLi11c tioi) laws. a 1neiiiber.81iip ret'i'esl) Ivas cai'i'ied out <ind this redLiced Olir niiinbei. of i)ieinbers lo 140. In 2023 we've g?I'owii oui. iiieinbLrsliip ab7EijlI to 210. )#rtnei'sliip5 Mii(l Lived fi xpcriciice CoiisiiltAtiDIi Towi11'ds 11)e end ot 2023 we wei'e delibl)led lo lake lip Ilie opporllinily lo work iii partn¢r81)ip willi W¢sl SiissL'x Colinly CoLlllCiI. Mci)liil Hciiltli Nce(Is Ay8css1)ILiIt W¢ wei'l coiiiiiiissioiied to work ivitli Ilie CoLlI)cil 21 n(1 Cl)clligiilig l-, Iiliii'LS lo devLIop <in(I d¢liv¥i' foiii. liv¢'(l ¢XPLI'ILllCL(I coproLliiclioii L veiils, lo LilPliii'¥ views 1( lid Lxpei'iLI)c¢s ol. i)cople lo sliap¢ t'ului'¢ servicls aiid coiiiinissioi)ing IliroLi&I) Ilie Joiiil Sti'alcbFic Needs As8es%iii¢iil sli'alegy. LET'S tdF.NTAL HEIILTH. Ali)iosl 150 PLoplc were Pcirl ol. tliis, aiid Ilieii. VlLW% IVLI'V fLd iiilo tlie eiiier&TlllgT l))ei)l<il lie1c Illi iieeds <issc%siii¢iII plcini)ii)g proLess loi. W¢sl SLissex, Ill<llliigJed by public l)e<illli colleclb?Ll¢S 111 West SLI.ssex Coiinty CoLlI)ciI. Com battiii2 Di'uEs Parliicr51)ip - wc wei'e coini)iissi()iiud lo woi'k willi Wi.%1 Su%8ix Coiii)ty Coiincil to develop peei. led focus gii'oiips cross West S1155ex lo scek tlie views ol. ploplv usiiigi (Iriigvs 12iid ¢ilLol)ul siipi)oi'l sei'vice5, 1( nd carers, ,Iboiit developiiigi coinin issioii iiig pl<in% for 2024125. 1'1ii.s nLW P?( rliiLI'sliip we liui)e to develop iii Ilie coiiiiiig yeai.. Vita Healtli we were c11so coinin issioned lu I'iiii a fociis gji'oiip ivilli Vilil He2( Illi who were keen lo l)ear VIL ws ol. people witli lived experiei)ce r¥lalLd to pl)ySlC<il (11)d iii¥iitc11 lieallli cal'e iii the are2( . ThroLiglioLiI tlie ye<ll', CAPITAL St?fr, iiieinbers and otlier5 Wltl) lived experience hcive altended Inaiiy meeliii¥Js (11)d events, including.. Paihtinder Delivei'y Gi'oiip & LocÉql Plaiiiiingy Gi'oLIPS Experieiice Coi)ii)i iltee Pic Ilil Iiider Coiniiiiii)IC<ilioii% Siib Gi'oLIP Priiicipled W<lyS of Workings Gi'oLIP Pi¢ Ihfin(ler B01( I'd Wesl Siisscx Comniunity l)riii)iiry Cal'e "fi'lc l)slormalion Gi'oiip
Capital Project Trii.st Report of the Triistees for the Year Eiide(13 1st Mai'ch 2024 Cusloiiier and Carei. Gi'oup (Wesl Sussex Social Sei'vices) BriLihlon University Socicil Work Usei. Experience Strategy Groiip Ch<ingiinLy futiii'es Si<?keliol(lei' Gi'oui) Cr&iNvley Ti'iiiisloriiialion Hiib Pilot & siib gyroups Voliii)Ic1ry Actioii Ariiii i< nd Cliichestei. AGM c111d networkingy events Cli<1ngJji)g, fiiliircs LivLd Expcrience Groiip S115sex Lived ExperiLiicc Nclwork Sussex Wholc Syslein Approacli lo CoprodLlCtion Wesl Siissex Siiicide PrLvciilion Sli <ilegy Groiip Wesl Sussex Housiiigy Sli'<11egy Boil rd Clii111gTing Fiitui'es 8IGikLlI()ILlcr GI'OLIP Hospit(11 bic sed -I'liei'cll)eulic Coiniiiitlee Meeling7S VCSE ment?1 Heii1111 Netwoi'k UCL EvalLlc11ioii Coproduction Event Peerfesl 2023 PeLr Siippoi'l Coi?iinLinity of Pi'aclice Crawley Leadeis1I ip Gi'oiip aiid Ilc sk 9¢ nd tiiiisli siibgii'oiips Copi'odiicingv CoProdiiclioii Netwoi'kingv Events LEAG l¢lsk aiid tiiiisli gTI'OLIPS Piin Siissex woi'k - N¢iii-odivei'bienl woi'k aiid Complex Eiiiotioiial Needs paihwi2yS CopJ'o(l iiction We wci'c c11V1cl'dLd a iiew coiili'kicl lo l¢ad on copi'oductioii witliiii 11)¢ West SLissex Meiital l-le¢lltli CoiiimLinity 'rr(IiisIoi'1111c lioii Pi'o&vr<oiiiiiie iii 2022, This coini)i iS8ioiied work is about.. Woi'kiiigT with pLople will) lived exi)ei'ience lo obtain tlieir views aci'oss Ili¢ coinmLllI ity s¢clor, represeiiling views tliroiigli ¢7 livcd ¥XPL'I'i¥nc¢ iiL)Iwork - kiiowii lis tIIL Lived ExpL'rieiic¢ A(Ivisoi'y Gi'oiip (I.FACJ). Woi'kii)gJ (iloiigyside coiniiiission¢i's aiid coiiiinlinily orgT(1111SEilions inclii(linbi Iliose ii) Wesi Siissex Pallifiiidei. to effectively coproduce and develop longTei'.terin vision for meiit(I1 lie£illli services. For our fii'sl yeai., an iiidependenl I'eview ol. tl)e work lo dilte W<iS coini)i issioi)ed, lo l)elp exploi'e wh1< t lias worked 1L lid been acl)ieved. Following> Soine iiiilial pi'oblein5 will) sl(Iff sickness, we wei'e able lo offer ai) iiilei'iin coproiliicli()n Iviqd post to le1( d tlie woi'k. We wei'e bJri2lLfLII to Il IiiiiiibLr of people t"roiii oiir LfAG nelwoi'k and oiliei. P£irli)er oi'LYiinisatioiis wlio stepped in lo SLIPPOI'C the woi'k. LEAG West Sussex In October 2023 we lield (1 coprodiiclion woi'ksliop event iii Woi'lhinL,. Tliis was a clii111ce to check li) oli whei'e we've giot to I2iid to Illc1ke pledg?es lind conii)iilinenls for workin&? IogFelliei' in West Slissex. Ll¥•d Éxp•il•no• Advliory ar0P Oi) Ili¥ day we were joii)ed by over 30 of people Ii'om all diffei'enl 5ectoi's aiid lived experience inclii(ling'. Meimber.q of Ilie Wesl Siissex Lived fxperience Advisoiy Groiip Mulbr8 ol. CAPITAL Project .1 I'LisI Sli1f-r from CAPITAL Sic1ff from oil)cr VCSE 01-gF1( IIIS1c tioi)s woi'kiiigi Iicross Siissex Lec1ds fi'oin SPFT c111d NI-IS Wesl Sussex Coi))i)i is.8ioninbTr Teain
Cllpilal Project Triist
Report of the Triistees
for the Year Eiiiled 3 1st March 2024
We've 1<lso developed Copi'oduciiigi Copi'oductioii ii)onll)Iy i)ILclii)gJs (¢7 SPc1CL Ioi. (nyone willi an inlei'esl in
copi'odiiclioii lo sl)<irL Liood prcqclise <?nd ideiqs) will) P088abilily Peoplc <2nd CliaiiLiingy Fiituirs.
co-PRoDucTION VALVES
Glit4D
}
P¢PII
A s¢cond Copi'oducinL, Copi'odiiction conlci'cnce was l)el(l in Februaiy 2024 in Brigihtoii, will) 80+ people in <illeiidi2nce.
Tl)e Wesl Slissex LIAG CLlI'I'eiiily Ii<q.8 31 meinbei's.
CAPIT A L Peei. ,Siii)porl
Oiii. l¢<inis 1¢ cross Ilie Iliree1i0spil£il setliiigTS conliniied to ol'fei. indepeiideiil peer SLIPPOI'I thi'oiig,h 2023124.
Workingi ji) wliat is often a clic111engJinby envii'oiim¢nl was paiticu11c I'ly so dui'ingy Iliis ye1c r.
The le¢inis' woi'k conliniies lo evc11ii<ile positively aiid is well I'eceived by palienls wl)0 1(1)pi'eci2I te 5UPPOI't fioin soineone
wl)o Iliey c(ti) tcilk lo Iroiii Ilieii. lived expei'iei)ce.
We c1sk i)1( tiei)Is
Capital Project Triist
Rcpoi't of tlic Trustees
for the year fi nded 31 st M#rcl1 2024
Staffiiig
Over the year we've seen cliaiigyes witli new roles addingl In<Trlllc gyenieiil strlicliii'e lo the core leain.
We are a veiy lean orgT<11)ISc1tion whicli Iiie1¢ ns capacity IS Ilnplc Cted gi'eaily wl)en staff al'e not able to work.
We inlrodliced an iiplift lo all stat'f Sql laries of l 0% trom April 2023. We continued as a Mindful Eiiiployer and as
Living Wag)e Ei)Iployer.
R¢cruiln)eiit for all slatf now iiicludes CAPITAL nieinbers in the selcction pi'ocess.
We cli
Cmpital Project Ti'ust
Report of tlie Ti'iistees
for the Year li n(led 31 st Mai'cli 2024
reedb1c ck W<iS exireinely posilive willi 99 % people sayiiig tliey felt I'eally positive abolit dii'ection we were t¢?king and
aboul OLII. fLltiire.
'Thaiik you for <1 beic ulifiil dc1y,
wliei'e eveiyoiie Wcts n)Ic dL lo feel
Iliey were welconie"
'Thank YOLI foi. beiiig the cl)(Irity
yoii are & toi. helpiiigj so mKlny
people Inove forw£21'd on tlieii.
joiii'neys"
'Todl¢ y l)
Capitiil Project Ti'ust
Report of the Tr115tees
for the Year Ei iided 31 st March 2024
CAPITAL Makiiig Connections
M¢inbers and sl
Capital Project Trust Report of the Trustees for the Year Ended 31st March 2024 FJNANCIAL REVIF,W PrÉneipal I'iinding sDuree8 A breakdown of our funding received this year is as follows.. l. CO Funding - £236,597 for the year paid on I st April, 1st Jlily, I sl O¢lober, and 1st January. 2. 1)eer Support Fiindinb - paid as per core fundinb. 3. Co-Produclion Projert maiia&Tement fundinb, _ £27,000 4. Donations and Bank interest Loinbined total £8,597 5. Hcads On. Qii'owlh Fund.. £28,435 6. Invoiced Tasks - we have raised invoices to the value of £31,186 Our costiiig analysis procedures have been muint¢tined tl)rough thc ycar. Budg7et fig?Lires alid Tnonthly and iiuarlerly expenditure figures are reporled to the Tnjstees dt ech b01¢ rd Inceling. Tlie Bank Slateinenls ui'e cheLked iind sigyned off monthly by the acting Treasiir¢r in accordance witl) our Finaiicial Policies. We have sustaiiied oiir emphasis and awar¢n¢ss on costs wl)ich has allowed CAI)I'I'AL to mainlain a high standard of commilnienl to our niembers. Oui. busincss developmeiil niana&ier h<iS conliniied lo identify new fundii)bJ .8lr¢ains willi Ili¢ ali)), ovci, lime, of incre¢isinbi the incomc <ind Ilie sustain<ibility of ihe charity. A full Bu8iness ratc bal¢ was I'e¢eiv¢d foi. 2023-24 on ihc Sudley Road preinises. (ieneral Overview A difficult ecoiioniic clim<ile lia8 .sceii costs for i)ieetingy, room hirc. aiid trllnspoi-t rise, tliough we reniain LOli)mitled al CAPITAL rniiinlain a higyh slai)dard ol. Lomniilmcnt to Our menibcrs, aiid to supportinLT Inembcr8 al meeting?s and unlinc where appi'upi'ialc. We are &)rateful to t]ic followiiigi funders tur tl)eir support this finaiicial y¢aT', Mori'ison8 Fioiind(Ition £ 1,000 foi- arl LFroup I'esoiirccs Bcntley'8 Advancingy Lifo Cliances £500 for art &Trroup resources Magyic Liiile Grants £500 for oui. n¢w Li'awley Hub 4. foiTest¢r fiaiiiily Foundation £1,501) lor oiir new Ci'awley liub 5. Caipenlcr Box £500 lor our Mental Health First Aid kits for ihos¢ Icaving liospital Reserves pollcy CAPI'I'AL'8 reserves are the funds available for gyeneral purposes afiei. meeting planned expcndilLire and ollier cominitments, being Set aside and discounted foi. the piirposes ol day to day ac¢ounling and cash flow loi'¢GaslS. Available fiind.s air always lowest jiisl b¢lore core fundingi is received on 1st April, 1st July, 1st OLlober, (Ind 1st Januaiy each yeai.. CAPITAI,'s policy, informed by Ch<iriLy Comit)ission l)ubli¢ation CC19 alld rel&ted documents is.. Top ciim to liave reserves sutricient to cover flucttialions in the timing and ainoiint of incomii)g financc and oiiigyoing, payments to Lov¢r the costs of winding up CAPII'AI. this b¢come necess<iry. T]1¢8¢ (wo Silualions would not occur together, gJiven the promise by tlie coinmissioners of six moiiths warningy of major corc funding changes. T]ie reserves requir¢d to cover tlie two siliiations would be thT¢e months opcraling ¢oqls, cui'r¢nily ai'ound £85,03 l. Tl)e trLlStees have been monitoring accounls and have been supporting the CP.0 to balctnce expenditure on essential d¢velopment clCtivitlL8 With bring)ing tlie Icvcl in line with thi5 policy. Cash iii the bank as at 31 st Mai'ch 2024 stood at £90,421. Pagye 9
Capital Projeei Trust
Report of the Trustees
for the Year Ended 31st March 2024
FUTURE PLANS
Our Core-funding ICB is secui'e up to the end of March 2025.
We aim to tiirther develop oui. new reporting struclui'c with funders lo contain both qualitative and qil<intil<itive detail to
allow us bcllcr to cost out Potential work a8 we 8cck to bi'oaden oiit incoine base.
Since Api'il 2022 we have bccn commissioned to le¢id co-pruduction in Wesl Sussex as parl of the NH8 local
transfonnalion plan.
We continue to collaboi'ate with thc Palhfindcr group, and work c108cly willi oiir partners. We are working will) the
Patlifinder Fjoard lo seciire fLltui'c coinmis.8ioniiig froin 2025, having been comniissioned for an extended ycar from
April 2024.
We remain comniitted lo changiing our bankers, Barclays, but the move has yel lo be a¢lioned.
We ¢ontinLie to review OLII. cul'rcnt coveraLic in tciins of the services we provide, and have been actively looking to
expand th¢ b)eogFraphical scopc of oui. of offei'ing.
As our existingy ¢onlrac18 liave expircd we have taken the opportunity to source new and belter valu¢ suppliers, and will
contii)uc so Iv do,
STRUCTuiif,, GOVERNANCE AND MANAGFMENT
Govcrnin% documeiit
Tl)e C'liai'ity is controlled by ils gyoverninb document, Ihc Mcmoi'andiim and Articlc8 nf Associalion and constilLltes
coiiiptiny lirnitcd by &Fuariintee, as define(I by ilic Coinpanies Act 2006.
Thc LAI)I'I'AL Pi'oj¢ct I'rust operiltes in accordance with its Memorandum and Articles of A8SOCi¢11ion.
OrganlsA¢ioiial structure
All voting iru8lees &i'e dr<lwn fi'om 11)c CAPI'I'AL momboi'ship. They take overall responsibility for developingF Ilie
slrateg?i¢ dircclion for CAPITAL, al'c rcsponsible toi. s¢lliii& policy, and for Inaintain ing the legal <ind fin¢incial viabil ity
ol, the businc88, as set Ollt by ilic two rc&Fulatory bodic8, ilie Cliai'ity Comn)i8.sion and Coinpcinieb l.louse. 'I'l)ey al'c
Capital Project Triist
Report of the Trustees
for the Year Elided 31st Mareh 2024
STRUCTURE, COVERNANCF AND MANAGEMENT
Iiidiiction training nf new ¢J'u$tee5
Th¢ documents we use lo explain the role and responsibilities of 1( Trustee were updated tl)is ycar lo bring grcaler clarity
to Trustee5 and ensure the informcilion was presented 1( nd disused in a simple, iiLcessiblL way for peoplc with <1 variety
of different levels of understandingT <ind readIn¢0MPre11¢nSIon.
A new Tn]s¢ee appraisal process was launclied utilising the information in these updated documents, this is enabling us
to betler understand the individual needs of 'l"ruslees in relution to support and training.
Training is made available to any CAPITAL member considering their candidature as trLlStee. 'lliis tr¢iininb? covers the
iolc and responsibilities of a trustse, and also of a director of a limited company. our busine55 sel-iip and legal
rTamcwork, and the Iriistees, I'ole wiihin ihis. All new trustees receive £tn initial induction giivinby them relevaiil
inforniation for the i'ole. There is ongoing) trainingi througil)oul the year lo further support each IrLlStee iii this responsiblc
rolc.
Ii) li'1< ining, all prospective new trustees are made aware that in order lo fully repi'esent our ]neMb's. they miisl
regulai'ly allend loLal ity, qil<lrt¢rly and other nieetingys lo eiisui'e they can hear men)bers views.
Ri.sk miij)agement
Robyular risk (lssessmenls are carried out to enslire that CAPII'AL'S activities are man&g¢d as safely and effectively as
possil)le.
Ilisk a.%sessments licive been updatcd lu include iiction to be iaken durinui incidon¢¢s of Covid and changic8 lo the
in-palieiil envu'onment to en8urc pcer support woi'k yafety.
Risk i155essments l<ikc place fur oiir aclivilies and mana&yement plans al'e pill in place
Capit#l PYoJe¢t Trust Report uf thL I'i'ustees flir the Year F.nded Jl%t March 2024 Rfi.F'fi Rb'NCE AND AI)MINIS'I'IIATIVL DL'I'AJJ.S Independent F.xuminer Pdiil Wright fcA DCIIA Slieen Sticklaiid ('harlerccl Accountant5 7 E,.a¥l Pdlllinl ('hicliknwler Weyt Su8S¢X P()19 IT5{ Bwiikors Bnrclays Baiik pl I C.Iiapel Road Wortl)iii Wesi Siiss¢x BNII Ir.x 'I'liis report litts b¢¢n i)i'¢pai'cd in accoi'(lHii will) Il)C SP¥cial i?r()Visions of Parl l i ()f IliL Cui))pui)ieg ALI *OUI) illylin lo sm1$11 coinpilni&S. Appruvcd by tsi'(ILr lif Ilie buaril nf Ini¢.l¢es on I,k.hay)o3 K l.)avi¢8- 'fru8tce 1?8ge l ?
IndependLnt fi.xamlner's Report to Ihe'frllslees of C.&pitl Pyojeel 'l'riist Indcpcndent oxMmin¢r's rep¢)rl ti? tho trustee& of Capital Pr(ijecl 'l'i'usl ('IhL. l-fimp#ny') I rlport to the cli£lTily IruslLe% on Iny examiiidtioii of Il)e a¢eoiinis of Ili¢ Company for tlie ycdl. Liidcd 31 %[ M1117 ?0?4. Rc¥pon8lbllllles and b&sl.¥ tsf report As (he cl)ui'ily'% Irii%lLes of Ihc Coinpiilly (diid al.%0 il% dii'LLfor%' fui. tl)e purpi)%es ol'cojiipttny l£iwI you are I'L8pI)n%ihle lui- tl)L prcpt)rntioii of Ilie dCLUUI)t8 iii aLcn¥d&inb¢ with tliL IEquiremLnts of tli¥ Coiiipdnics ALt 20061'ilio ?UO() A¢l'). l.l#ving s#tl8fied myself tliat the aLeOUI)ts of tlie Comptiny are iiot I'eqiiired to be audiled Iind¢r Parl 16 Dl. Ilie 21111() Act ai)d Ll1'L eligjible loi. in(lependeiil exainiiialion, l i'eporl in i'LspeLI ofniy exaiiiinali(-Il ufyoiir Ll)aYity'4 #Lcuiiiils ab C&ll'ri¢il L)iil iindei. %e¢tioii 145 of Ihe C'.hai'itl£'.i ALI 2011 ('Ihe 2011 Act,). In cai'i'yii)u oiil my LX<1miii(Ilion I liave followLII tliL Dii'ecli()n.s giveii by tl)c C,liurity L"oiiinii8sion iiiidei'.8ectioii 14£(5) (b) of Ilie ?01 I ALt. Indepondenl exxminer'.18tHtemenÉ Sii)¢e yoiir chai'iiy's gi'osg ii)coinc cxrL'edLd £250,OOQ yoiii. examiiiei. n)u%l be a ni¥nibei' ofu li.4lcd boily. l Lftli Ct)iifimi that l am qualilied lo undertake Ilic eiamiiiation l)LLIILi%e l ttm a n)einbcr (if ihL In8tilutL ol.. Clii11'1ei'e(l ALcoiiiiIHnl.% iii Cilglaiid Aiid WMle5, which ib (Iiie of Il)e lisied bodie5. I have ¢oinplet¢d Iny cxit Ininlllivn. I confinn Ihal no Inaltcrs 1)av¢ coi))e to rny Qlleiilion iii connLLti(111 willi Il)¥ ¢xAmination kyiving mc c4use tu believe.. cL'oiinlinu reL'ordb w¢re not ki'pi in rcspccl of Ilic L()Inp¥iny ds rlI11'¢d b'.1 %cclioii 386 of ihc 21106 ALt' or the H¢Louiiis (lu not acc()r(I willi Iliosc I'ecords. ur Ilie aecoui)Is (Iri nr>l ¢oinply w'illi (h¢ IiLu()Iiiilinki IrqiiiiL'IiiLiils of S¢clioiTr 396 uf Ihc ?006 Act oili¢i' Iliknii llnv reqiiiremLni ihtti ihL iILLOlllII,.; IhL a¢coiiiiis liiiv¢ nnt t>Lcn i)Irpai'ed iii cieC.ordance wilh rhLb 11)ethncl,; Aiid i)I'iiieiples of (he %iatLlI)Lni ut. R.Lcommeiided PraLti¢e foi. (I.'IIS 102)). bc di'nwn iii tl)is 1'11)(Iit iii oi'dLr lo ¢ii#l)Ic ft pi'op¢i' ui)(Ici'%Laiidiii&i of IhL a¢ctsunl% 10 bL' IL'lIL'lie(I, l)<iiil Wi'ighi l.'C.A DChA Il¥¢ll Siickland I:l)ui'lci'Ld A¢c()untaiit5 Cliicliesler WLSt 8u%sex 1)019 11'R r)#le'. .J.:..J.%)14
Capital Projeet Trust Statement of FinaneiAI Activities (Incorporatiiig ali Income and Expenditure Aecoiint) for the Year Ended 31sÉ March 2024 2024 Total 2023 Total funds Unrestricted funds Restricted funds Notcs INCOME AND ENDOWMENTS FROM Dondtions and Icgacic8 7,365 7,365 1.690 Charitable activities Training f<iLilities and work.%hop.8 Peer sUPPUrt EbE Pi'oject LEAQT Project Growth Fund Diffeirnt View 197,804 197.804 69,979 177,668 68,742 55,000 69.979 27,000 4,267 27.000 4,267 24,168 24,168 Investn]ent income 232 887 To¢AI 237 668 331815 303 987 EXPF.NDITURE ()N Chai'itllble aetlvltles Trainingl facilities and work8liops Peer Suppoil .bF. Pi'ojcct I,P,AG Pi'ojcct Growth Fund Dificirnt View 243,459 243,459 66,658 165,689 61,254 18,128 66,658 10,214 17,222 10,214 17,222 12,901 12,()0 I other Total 273 045 352 604 248 496 NET INCOMfi l(FxpfNDITURF} 35 377) 20 789) RECONCILIAI'ION OF FUNDS Total funds broiiLyht forward 105,768 23,779 129.547 74,056 TOTAL FUNDS CARRICD FORWARD 108 758 129 547 The notes fonn pait of tliese finaiicial s11( lernents Pag)e 14
Ci)pital Project Triist Balance Sheet 31st March 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Notes FIXTr.D ASSET& I"angiblc assets io 13,926 13,92C) 14,015 CURRF.NT ASSETS Stocks Debtoi's Cash a¢ bank and in hand 175 15,364 109 144 12 19,440 52,054 11),440 90,421 71,494 38,367 109,861 124,683 CREDI'foRS AinoLint8 fallingy due within onc year (15,029) (15,029) (9,151) iYF.T CURRfi NT ASSETS 56,465 115 532 TOTAL Assfi,TS LESS CURiifi.NT LIABILITIES 70,391 38,367 108,758 129,547 NfiT Assfi.TS 1011758 129 547 FUNDS Unreslricted fuiids Ro8tricted liliids 14 70,391 105,768 TOTAL FUNDS 108 758 121) 547 The ¢hariliiblc company is entitled lo cxeinpiion from audit under Section 477 of the Coinpanies Act 2006 loi. t]ic ycar ei)d¢d 31 sl MarLh 2U24. 'I'lie membets liave not required the company lo obic1in an audit of ils financial StatelentS for the year ended 3 1st March 2024 in accordance with Sectioii 476 of. the Coinpanies Act 2006. The truslccs ackiiowledgc their I'esponsibilities for (a) ¢n8iiring) Iliat th¢ charitable company keeps accountingF records tliat comply with Sections 386 and 387 of thc Companies Act 2006 and preparing finanLial slalements which gyive a truc and fair view of. Ilie slate of affairs of the chai'ilable coinpany as c t the cnd of eaLh financial year and of ils surplus or deficit for each financial year in accordance with the i'eqiiirem¢nts of Section8 394 and 395 and wliicl) otherwise con)ply with the reqiiir¢ments of the Companies Act 2006 rclating to financial statements, so far as applicable to the cl)arit<ible Lompany. (b) The notes form part of these financial slat¢ments Pagie 15 contiiiued...
CAI)itAI I)i-L)Ject I'rii&t Bfilnnce Shcet eoiitlntied 31st March 2024 Th¢%¢ tinancial si•lLlnll)Is liave b¢eii prepdr¢d in nLcorilaTice willi thL provisic)11s appli¢able lu cl)81'1iabl¢ Lollip1}1% uhjecl ID thL siJ)fill ¢()IllPi¢ niv¥q I'eLiiini:. 'l)e financial stateinei)t4 wei'e approve(I by rlie B()o1'(l ot. I"i-IistLc% and aiiilioi'ised loi. nd wLI'('. sigiied its behcilf by.. R J)ftvie.% - Tiii$lL' PaklL 16
CApital Project Trust Cash Flow Statement (or Élle Year Ei nded 31st March 2024 2024 2023 Notes Cash flows from operating Ctivities Cash generciled frorn opei'alions 18 093) Net L<ish (u8cd in)/provided by operatingy activities 18,093) 43,834 Cash tlows from investing activities E)urchasc ot'tang)ible fixed ossets Interc.8l received (1,862) (10.087) 887 Nct cash used in investingy ilctivilies ChAnge In eash and cash equiv4lents in the reportinx period CAsh and c#sh cquivalcnts Ht the beginning of the reporting period (18,723) 34,634 109 144 74,510 Cnsli lind cash equivalent$ At tlie end of tlie repoi'tlng period 10() 144 Tlie notes form pail of these financial statements
Capital Project Trust Notes to the Cash Flow StAtemei)t for the Year Ended 31st Mareh 2024 RECONCILIATION OF IYET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIFS 2024 2023 Net (expenditure)lincomc for tlle reporting period (85 per the Statement Df Financial Activities) Adjuslment.8 for: Deprccialion charges Interest reccived Decre(tse in siock.8 Iiicrellse in debtOl'8 Iiicr¢ase in Li-edilors (20.78C)) 55,491 1,252 (887) {1,232) 175 (4,076) {14,372) Net cA$h (iised in)Iprovi(led by opcrations 18.093) 43,834 ANALYSIS OF CHANGES IIY NFI. FUNDS At 1,4.23 Ca81) flow At 31.3.24 Net ethsh Casli tti bank and in hand 109 144 18 723) 109 144 Tutfil 109 l44 18723) The notes fomi P<lrt of these tinancic11 sliilemenls Pagve 18
C&pital Project Trust
Notes to the Financial Statements
for the Year Ended 31st March 2024
ACCOUNTING POLICIES
Basis of pi'cparlng the financ11 statements
The fijiaiicial stalemeiils of the chai'ilabl¢ company. whtoh is a public bcnelit entity linder FRS 102. have been
prepared in accordance with the Lharities SORP (FRS 102) 'A¢¢ounting and Reporting by Charities.. Statement
of Rccommcnded Practice applicablc lo charitie.8 preparing their accounts in (ICLord(Incc willi Ihc financial
Reporting, Standard applicablc in the UK and Republic of Ircland (FRS 102) {effective l Januitry 2019),,
Financial Reporting Slaiidard 102 'Tiic financial Reporliiig Standard applicable tn the UK and Republic of
Ireland, and the Companics Act 200C). Thc fiiiancial slalcnients have been prepared under the hi51urical cost
conventioii.
Income
All income is reco&nised in tlie Stateinent of F'inancial Activities once the charity has enttileinent to the fiinds, il
is probable that the incoine will bc I'cccivcd ai)d thc amoiint can be Ineasured reliably.
Expenditiirc
Liabilili¢.8 al'e recognised as expendilure as soon as there is a legal oi. constriictive obligation committing the
charity to Ihal cxpenditure. it is probable tlial a transfci. of ccoiiomic benefits will be required in scltlcmenl and
tlie ainount of tli¢ oblig11< tion cai) bc Ineasiired reliably. F,xpenditurc is accounted for oli an
Capital Project Trust Notes to the FinAncial Statements- continued for the Year Ended 31st MAreh 2024 ACCOUIYTIP4G POLICIES - continued Fund accounting Restrict¢d Fund5 Restricted funds can only be used for the purpose specified. To the extent that restricted funds ar¢ expended on capital items a trnnsfer is m<tde between uni'e8lriclcd and rc.8tJ'icted reserves. Pen.8ion costs and othcr post-i'¢tir¢m¢nt benefity 'I'lie charitable coInpany operates a def¢d contribiilion pension scheine. Contributions payable to the chLITilablc company's pension scheme are cliarg¢d io the Staleinenl ot. Fin1< ncial Aclivilies in ihe period lo which tl)ey rclale. DONATIONS AND LEGACIES 2024 2023 Jifts 1.690 INVFSTMENT INCOME 2024 2023 Deposit EILLounl inlcrc8t 887 INCOME FROM CHARITABLfi ACTIVITifi S 2024 2023 Activity M¢ntHI 14callh Cominission inby Tcclm Training7 facilities cind work8hop8 Pi'Dvision of ti'aininby facilities Ti'ainin&y facilities and work8hops Peer support t'Lindii)g l)eei- support Ebe pi'ojeci sales Ebp, Projcct LEAG Projo¢i sales LP.AG Pi'oject Cjl'owih Fund Growtli Fund A Dit'ferent Vi¢w Differeiit View 166,618 31,111() 69,979 163,673 13,995 68.742 55,000 27,000 4,267 323218 301410 PagTre 20 coiilinued...
Capital Project Triis¢ Notes to the Finaneial Statements - continued for the Year Ended 31st March 2024 CHARITABLE ACTIVJTIES COSTS Support Costs (see llote 6) Direct Costs Tolal.s Training facilitlC8 and workshops Peer support LEAG Pl'ojcci Growth fund Different View 181.719 65,925 10.214 13.1189 61,740 733 243,459 66,658 10,214 17,222 3,333 284.648 350,454 SUPPORT COSTS Governaiice costs Management Tolalq 'I'raiiiin&) f<iLililies and woi'ksliops l)¢er 8iippuI1 Growlli fund 40,603 733 21,137 61,740 733 44 6()9 65,806 Support costs, includLd in the abovc, are as tollows: Covernance Losts 2024 I'raining racililic.s nd workshops 2023 Total activities Indopend¢ni Exaininaiion fees .egyal and professioii<il fees riiiancial Inanagement Dookkeoping Dcpi'ecialion of tangible fixed asscts 3,600 5,331 3,133 5,347 2,796 10,199 1,253 10,254 Page21 ontinued...
Capital Project Trust Notes to the Finaneial Statements - continued for the Y¢ai' Ei nded 31st Marel) 2024 NET INCOMEI(EI XPENDITURF) Net incom¢l(cxpenditure) is stated <ifter char&singl(creditin&): 2024 2023 Depi'eciation - owned assets 1,252 TRU,STEES' RETrfUNERATJON AND IIF.NFFITS Thcrc wcrc no Iru8lcc8' remuiicralion or otl)er benefits for tl)e year ended 31st March 2024 nor for Ihc ycar ended 3 Isl March 2023. Trustees, expenses There w¢i'e no 31st March 2023. trustees, expenses paid for the year ended 31%1 March2024 nor for the year ended STAFF COSTS 2024 2023 WaLyc.8 aiid 8alaries Socitil seciirity costs oihei. pension costs 222.106 7,682 2,166 158,142 3,116 231954 163 273 'll]e av¢i'abie Inonlhly nuit)bcr of einployees duringy the ycar wa8 as follnw8'. 2024 2023 Core staff l)eer 81aff Co-Produ¢tion No cmployecs I'cceived emoluinejits in excess of £60,000. Page 22 contiiiiied...
Capital Project Trust Notes to the Finaiicial Statenients - continued ror the Year nded 31st March 2024 io. TANGIBLE FIXVD ASSETS I]nprovemenls to properly Equipment Totals COST Al l.8t April 2023 Additions 10.087 16,502 26,589 At 3 1st March 2024 10,087 28,451 I)EPRECIA TION At I si April 2023 Cl)aruie foi- year 202 201 12,372 12,574 At 3 1st March 2024 403 NE'I. B()()K VALUE Al 3 1st March 2024 Al 3 Is¢ March 2023 ij. STOCKS 2024 2023 Stock8 175 12, i)ri.IITOR.8: AM()UNTS FALLINC: Duf WITHIN ONE YEAR 2024 2023 Ti<ide dcbloi's Olh¢i' dcbior.8 PrepilylI)ciil8 and accrued income 16,37X 1,335 13,940 PagFe 23 conliniied...
Capital Projeet Triist Notes to the Financial Ststements- continued for the Yeay Ended 31st March 2024 13. CREDITORS: AMOUNTS FALLINC DUF WITHIN ONF YEAR 2024 2023 .1 radc credilot Social .8ccuriiy and other taxcs Other Lreditors Accrudls and deferred income 2,057 6,144 3.828 3.000 1,304 2,154 2.6()3 3.000 14. MOVEMENT IN FUNDS Net movernent in fund8 Transfers between fui)ds At 31.3.24 At 1.4.23 Ui)re.$trieted fiinds General lund Wini¢r Rc8iliciice fiund Ebp. Project LEAG Project (il'owth Tr'iind 44,754 24,142 36,872 (39,208) 11,186 {24,142) {36,872) 36.872 16,732 16,787 12 956) 53.659 105,768 (35,377) 70,391 Rcstrlcted fiinds Peer Suppoi't Pi'ojcct A l)iffcrcnl Vicw 23,779 3,321 27,100 T()TAL FUNDS 129547 20 789) 108 758 Net mov¢incnt in funds, includcd in the abovc al'e as follows.. Incoming resources Resoiiires expended Movem¥inl in fund8 Unrestri¢te(I fiij)(Is General fund LEAG I)rojecl Growlli Fund 206,401 27,001 (245,609) (10,214) 17222) (39,208) 16,787 12 956) 237,668 (273,045) (35,377) RcstriLted flind4 Restricted funds Peer Support Project A Different View 69,979 24,168 (66,658) 12 901) 3.321 112C)7 94,147 TOTAL FUNDS 331,815 352,604) 20,789) PagTe 24 conlinlied...
Cfipilal Project Triist Notes ¢0 the Financial Statements - continued for the Year Ended 31st March 2024 14. MOVEMENT IN FUNDS- continued Comparatives for movement ii) funds Net movement in funds At 31.3.23 At 1.4.22 Unrestricted fiinds General fund Winter Re8ilicnce Fiind EbE I)roject 33,623 24,142 44,754 24,142 57,765 48,003 105.768 Restriete(J fun(Is Pccr Suppoit Pi'oj¢¢t 16,291 7,488 23,779 TOTAL FUNDS 129 547 Compuraiiv¢ net niovenicnt in flinds, included in the above are as follows.. Ineominb rc8ourc¢. Resources expended Movcrncnl in lund8 Unrestrictcd fuiid Cieneral fund EbE Pi'ujecl 180,245 (169,114) 18 128) 235,245 (187,242) 411,003 Restrict¢il fiinds Peei. Suppoil Pi'oje¢t 68,742 (61,254) 7,488 TOTAL FUNDS 303 987 248 496) Page 25 continued...
Capitxl Pi'oject Triist Notes to th¢ Finaneial Statements eontinued for the Year Ended 31st Mai'ch 2024 14. MOVEMENT IN FUP4DS- eontiiiued A CUlTent year 12 rnontlis (Ind prior year 12 months combined position is as follows.. Net movem¢nt in funds Tran8fers betwccn At 31.3.24 Al 1.4.22 Unrestricted funds Gen¢ral fuiid Wint¢i' Resilience Fund EbE ProjeLt LEAG Project CJrowili Fiind 33.623 24,142 (28.077) 11,186 (24,142) (36,872) 36.872 16,732 36,872 16,787 12.956) 53,659 57,765 12,626 70,391 Rcstricted fiinds Pcci. Support Pi'oject A Differeni View 16,291 10,809 27,100 TOTAL FUNDS 108 758 A CUlTenl year 12 moiillis and pi'ior year 12 iiionihs combined nct Inovemei)¢ iii liinds, inLliided in Ihc above are ts lollows: Incom ing resoiirces Resources cxpended Movement in funds Unrestricted flind.$ Genci'¢il tund El)E l)roj¢ct LEAG Project Growth Fund 386,646 55,000 27,001 (414.723) (18,1211) (10,214) 17222) (28,077) 36,872 16,787 12956) 472,913 (460,287) 12,626 Restricted fiinds Pecr Support l)rojcct A Dilferenl Vicw 138,721 (127.912) 12 901) 10,809 162889 140 813) TOTAL FUNDS 635 802 601 100) 'I"hc fund I'elating lo the EbE I)roje¢t is what Capital now call l)eei' FundinLJ and is used to fund the provision of
e¥r Siippoit Workers. The fiind relciting to the Peer Support Project was granted to contribute towa]'ds t])e pi'ovision of Peci. Supporl Workers. Tlle fund relc1ting to tlie Winter Resilience Project was granted towards the provision of weekly peei. calls to membcrs. additiondl ii'aininb provision and virtual peer drop in sessions to help those who face additional liallengyes during the winlei. months. Page 26 continiied...
Capital Project Trust
Notes to the Finaneial Statemeiits eontinued
for the Year Ended 31st Marcli 2024
14.
MOVEMFNT IN FUNDS- continiied
The fund rel(ttingy to the Growth fund w(IS &Franted for building our lived cxperience leadership Capacity as an
organiscilion.
The fund relating lo the l)irrerent View project W<iS giranlLd for arl, photogirdphy and journalling projects that ran
over the year in Littleliampton and Cj'awley.
The fund relatinb? to the l.F".AG I)roject was fomally known as EbE project for ICB funding l additional contraci
for prodiiclion work.
Transfer8 between funds
A tr<insfcr of£24,142 was made from the Winter Resiliencc Fund to the Geneial Fund followinL Ihc closure of
the project in thc ycar.
A transfei. of £36,872 was Inade from the EbE Pi'oj¢ct Fund to the LEAG Project Fund following the closui'e of
FbF, Pi'oject Fund and esiabli8limcnt of the LEAG Project in it's place.
A Iransfei. of £12,956 was made from tlic Genei'al F und to tlie Growih Fiiind lo cover ¢he overpayment on Ilie
fund iii ihe year.
RFLATED PARTY DISCLOSUIIFS
Thci'e wei'e no related party tiunsaclions for the yoai. ended 31 sl March 2024.
16.
OPERATING Lfi Asfi S
'I'he t.ollowiiigy oper<ilin&i l¢ase P<iymciitS <ire cornrnilted to be P
Capital Project Trust Detailed Statement of Financial Activities for tlie Year Ended 31st March 2024 2024 2023 INCOME AIYI) FNDOWMENTS Donations and legacies 1.690 Investment incomc Deposit accoiint intei'est 1,232 887 Churitable Aetivities Ment1K I I le<illh Conimissioning, "fcain Provision of Irainiiig facilities Peer suppoit lunding Ebe project salcs A Different View Gi'owih Fund LEAG Pi'ojec¢ s(Il¢s 166,618 31.186 6C),979 163,673 13,995 68,742 55,000 24.168 4,267 323 218 301410 Total Incom In% resoiirees 331,815 303.987 Expf.Nl)T'I'URI Cliaritiible Aetlvitiey 222,106 7,682 2,166 3,073 10,719 4,804 16,9()3 4,234 158,142 3,116 2,015 849 4,146 3,364 Soci111 %cciii'ity l?ensions Sundries Transport Vcnii¢ hire and catering )Ivjeci ¢xp¢nses Triiiners and training Peer suppoil lin(Illci1c I mana&F¢ment 25tli Anniversaiy l.'xpenses A Diffei'ent View 5,202 7,783 2,298 284,648 186,)( 15 Other Repairs and rencwals 3,425 Support costs Management Rent and lites Insurance Ligyhl and heat Telephoi)e Carried forward 18,880 3,22() 3,632 7,265 33,003 16,283 1.446 3,711 3,568 25,008 Tliis page does not forjn part of the statutory financial staleTnents Page 28
CApital Projeet Trust Detailed Statement of Financial Activities lor the Year Ended 31st MArch 2024 2024 2023 ManagcJnent Brought fonviird Poqtage aiid stationery Office costs AdTnini.8lrative expenses LodgTe oll ice cleaninb Websitc developinent 33,003 2,343 C).633 122 1,fv19 919 25,008 2,569 6,713 113 72 953 44.669 35,428 GovernAnc¢ costs i)dcpendei)t Examin¢ltioii fccs Legal and professional Ices rinanci411 nianagTeinciit Bookkeeping Dcpreciation of langyiblc fixed assets 3,600 5,331 3,133 5.347 2,796 10,199 10,254 Total resour¢¢s expeiidcd 352 604 248 496 Net (expeiidlture)liiicome 20 789) 55,491 This pagFe does iiol foi'in parl of the slatlltory financial stalernencs Pagye 29