The Greenhouse Trust U.K (A company limited by guarantee) Annual Report and Flnanclal Statements for the Year Ended 31 December 2023 Charity Reglstration Number: 1090568 Company Registration Number: 4291153
The Greenhouse Trust U.K Reference and Adminlstratlve Details Trustees Louisa Bailey Michael Coulson Richard Langmead, Chair Joanna Maybury Jeffrey Russell, Vice Chair Christopher Trent Charlty Registration Number 1090568 Company Reglstratlon Number 4291153 The Charity is incorporated in England and Wales Principal Address: 17 Burton Road Branksome Park Poole Dorset BH13 6DT Independent Examlner: Mr Joshua Cottingham MAAT 72 Broadmead Road Folkestone Kent CT19 SAR
The Greenhouse Trust U.K Contents Page Trustees, Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financlal Statements 6-11
ACHIEVEMENTS AND PERF0MANcE 2023 was another excellent year for The Greenhouse. Guest numbeis have own above expectations and the quality of our service improves annually, witli people saying they have never enjoyed better hospitality, cal'e and time with God. We contiiiiie to produce a sinall but significant surplus and have a healthy, Wel1-reg.dCd ministry which is much loved by all. Nevertheless, we are very constrained and held back by our dated building and faciliti¢s and therefore announced in November 2023 that we would be moving from 17 Burton Road in Poole, to a new propeity in diie course. Tliis is a major change foi. the Greenhouse ministry and was widely met with encouiagement and support from stakeholders. This will not be a quick move and will take considerable planning ovei. the coming months and years. Several areas of our work bear special comment: l. Staff- The staff team is increasingly sti'ong, giving veiy high performance, with a coherent team-structure and a well-run approach to serving oui. guests, solving problems, supporting each other, allied with a growing engagemenl in spii'itual activities sucli as daily and ad hoc prayers for each other and oui" guests. 2. Pro ram - Our team has worked diligently to develop and implement new items to oiir annual program, addressing emei.ging needs from Olir giiests and as God leads us. 3. Guests - Our high number of guests (about 700/0 occupancy) al'e very fond of The Greenhouse, regularly sharing testimony of how it has impacted their lives for the bettei". Tlu"ough careful Lnarketing and word of mouth, numbers and reputation increase and we are seeing mol'e people's lives changed by our work. 4. We conlinue to develop partnerships with local charities, notably Faithworks and theii. Single Parent Groups, as well as churches, with chiirch leaders meeting hcre regiilarly to pray for the local area and local charities accessing oui. facilities on free or reduced rates. THE FUTURE We find ourselves extremely well booked up in 2024 and 2025 and will be celebi"ating 70 years of ministry in July 2025. So many people are blessed by spending time with God at The GIEenhouse, we must find ways to continue this ministry for another 70 years. Trustees and Leadership are actively searching for a new propety to sustain the Greenhouse and in parallel, have placed the 17 Burton Road site, on the open market. Both these actions will give us an idea of what a new site will cost to buy and what kind of a budget we are working with. We expect this move to Iiappen no earliei" than 2025. We are committed to acquiring a propety that allows us to grow our ministsy, keep the ministry sustainable and maintains the homely feel that we have become renowned for.
Independent Examiner's Report to the Trustees of The Greenhouse Trust U. K I report to the charity trustees on my examination of the accounts of the charityfor the year ended 31" December 2023 which are set out on pages 7 to 15. Respectlve responslb511tles of trustees and examiner As the charity's trustees of The Greenhouse Trust U.K {and also its directors for the pljrposes of company law) you are responsible for the preparation of accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Act,) Having satisfied myself that the 8ccounts of The Greenhouse Trust U.K are not required to be audited under Part 16 of the 2006 Act and are eligible forindependent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act'l. In carrying out my examination I have foLlowed the Directlons given bythe Charity Commisslon under section 145(51{bl of the 2011 Act. Independent examiner's statement Since the Company's gross income exceeded £250,000 your examiner must be a member of body listed in section 145 ofthe 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of The Association of Accounting Technicians, which is one of the listed bodies. I have completed my examin8tion,' I 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: accounting records were not kept in respect of The Greenhouse Trust U.K as required by gection 130 ofthe Act; or 2. the accounts do not accord with those records; or 3. the accounts do not complywith the accounting requirements concerning the form and content of accounts set in the Charities (Accounts and Reports) Regulations 2008 other than any requirement give a 'true and fairview. which is not a matter considered as part of an independent examination 4. the accounts have not been prepared in accord8nce with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with th8 Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)] I 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 orderto enable a proper understanding of the accounts to be reached. Mr J Cottingham MAAT Date.. 1810612024
The Greenhouse Trust U.K statement of Flnanclal Actlvltles For the Year End 31 December 2023 {Including Income and Expendlture A¢¢ount and Slatement of Total Recognised Galns and Losses) NOTE Unrestricted funds Restricted funds Total 2023 Total 2022 Income and Endowments from: Donations and legacles Charitable Aclivilies 25,433 472,969 18.398 17.29).IXJ 42.723 472.969 18,398 732 87,637 421,153 10,663 69 Other trading acuvltles Invostmonl Income 732 Total Incom8 516.800 18.022 534.822 519,522 Expenditure On: Raising funds Charitable actlvllles {867) (420,646) (514,334) (514.334) (514,334) Total expenditur& 1514,334) (421,513) Net ineoma 2,466 18,022 20,488 98,009 N6t movement In funds 2,466 18,022 20.488 98,009 Rg¢on¢llllatlon of lund$ Tolal funds brought forward 537.851 146.255 684,106 586,097 Total funds carrled foThv8rd 17 540.317 164,277 704,594 684,106 All of the charitvs activities d6riv6 from contlnuing operatlons during the above two periods. The funds breakdown for 2022 and 2023 are shown in note 17. The notas on pages 10 10 11 form an integral part of thesè financlal slal8ments
The Greenhouse Trust U.K Balance Sheet As at 31 December 2023 2023 2022 Not8 Flxod assets Tangible Assets 541.862 532.566 Curront assets Stock8 Debtors Cash al bank and in hand 12 13 14 3,223 237.259 339.835 140.980 331,977 580,317 {340,6441 477,895 1229,1341 Creditors: Amounts falllng du• wlthln one yèar 15 Net current assets 239.673 248.761 Totsl a$sg1s 16$s curr•nt Ilabllllle8 781,535 176,9401 781.327 197,221) Crgdltors: AmoLtnt8 falllng dua aft8r mom than on• year 18 Nèt assets 704,595 684.106 Funds of the charlty: Restrlctad Ineom• funds li R8slrictéd funds 17 163,545 146,254 Unr•8trleted In¢om• funds Unr881rlcled funds 541,050 537,852 Total fund• 17 704,595 684,106 The notes c¥1 pages 6 11 lom an integral partof these finandal $teMents
Th& Greenhouse Trust U.K Balance Sheet As at 31 Dècember 2023 For the flnanclal year endlng 31 December 2023 the charity was enulled to exempUon from audlt under secllon 477 of the Companles Act 2006 relallng to srnall companS8s. Dlreciors, responsibilities.. ' The members have nal requlred the Charity to obtain an audil ol its accounts for the year in question In acrL)rdance section 476.. and The directors ackni)w16dga Ihelr rèsponslbilsties for conwlwng with the requiremènis of lh6 Aci wth resp6Ct lo accounllno records and tha praparalion of accounts Th8 fin8nel81 staiem8nls on pages 8 10 19 approvéd by the Irusleds. and authorls8d for i8su6 and slgned orl their behalf by.. Rlchard Langmead Trustee Dated .A/_oaJ_I lè The ncles an pages 6 to 11 f(*m an integral partol Ihese financial staleEll8nts
The Greènhou8t Trust U.K Notes to the Financial Statemenls For tho Ygar Ended 31 Deeamber 2023 11 Charlty status Th$ charity 18 limited by guaraRtee. inEorpor81ed in England and Wales. 8nd con5eouenUy does not havg Share ¢3pit81. Eath of Ihfy IrustS È8 liaiya io conlrfbEJle an amount not exceeding £1 Icwrdrds the assets of Ihe charily the e¢ ol Ilquidatlon. The address of ils regisiered office 18.. 17 Burlon Roa Branksom8 Park Pool8 Oorset BH13 60T These flManGlal statements wwo aulhorfsgd for Iswjo by th6 truswes M 191h J¢Jy 2024 21 A¢¢ountlng poll¢l•s Summary of ¥lgnlll¢ant 8c¢ountlng Poll¢lu and koy •¢¢OIJDUng •gtlmat•$ Th6 Prtnclp81 accountlng pjtlcles 8ppllad In the preporatk)n of these finanaal slatemgnt8 sel out belcw. These puli¢le8 have been conslstently applied lo all th¢ r3 pres¥n, unl3 glaled. St8tamant of compll8nc8 The flnancial s18tèmants havè bean propared In accordanc8 vAth Accoth)iitvJ and Reportlng by Charlles.. Siotemant of Rewmmended Practlc8 lappllc8ble to thadlles preparlry thelr aecounis In actL•rdance wLh ihe Flnancial Reporting Standard appllrable In the UK and Republle of Ireland IFRS 1Q211 Ilssu8¢ In Oclobor 20191- ICharfUe¥ SORP <FRS 10211. the FInal Reportlry Stand8rd appllcabbe In the UK and Republlc of Ireland IFRS 1021 and Ihe Cornpanles Acl 2008. Bas18 of prèpar4tlon Th8 Greenhous8 Trust U.K. me81¥ Ihe d8finlhon ol 8 publlc b8[rIt entily und8r FRS 102. Assats Ilab111118s ara IniUAlly r8cogn188d al a hlslorlral cost ortrans8¢don value unless olhorvAs• staled In the ro18vant pollcy notes. Golng ¢oncgrn Th8 ISle05 consld8r Ihal thero ar• no rna¢erl81 uncartafntles ebtyjt chwills abllty k) cA)nIkn as 8 golng corthm not 8ny 5kardfic8nl areas of vncertslnty that aN8cI the Carng value of assets h81d by lh8 charily. Exémptlon from pr•parlng a ¢a8h Ilow 8tst•m•nt Th8 charftyoptad lo e8rfy 8dopy Bu11811n 1 publsh8d on 2 F8bwuary 2016 and h8¥8 ¢h8refwe not Induded a ugh fl¢ &tatam8nl kn these llnanclal staièrnent$. In¢om• and èndowmfrnts All Income 1$ recognlsed onc8 lh8 chwlty has enllllem8nl io Ihe IrMe, ft l¥ probat48 that Ihe IrKorna be rqcdved and Ihg arntmt of thg Inc¢)me recelvable ean be measured rellably. Donatlgn8 and legacl•s Donations are recognlsed when the chailty has been notrfied In wrting ol bolh Ihe amount and sewement date. In the event Ihal a donallon Is ¥vblo¢1 to wndllions Ihat requiro a level of porformance by Ihe charity bekve Ihe charily is entitl lo ih8 funds, the incorne is deforred and not recogniged vnlll eilher of those condll¢ons are fvlly rnel or the fulfilm¢nl ol Ihosg Condi$ 1$ thoNy withln Ihg ¢trol of th? tharly ond1118 probable that Ihese conditions 711 b8 fulf Sn the reporthng polic. Grants roc•lvAbla Granis ar8 recognised when the charity h8s an ènlluèmant to lh• fur5 and anye0ndiOftI Inkod to thè gtsnis hav• bèan mèt. Whèr6 pérforrnarbca ¢ondlllons are altad) tts the giant gnd are yet to be m¢L Ihe kncryne Is iecognlwj as a Ib8bllltyarMY IlUd on Ihe balance shèel as dofwrèd Inc0rn8 to be released. Investment Ineom• Olvidends are recogn188d <ce the dividend has teen declared and no1call0 has been rocaevd of Ihè dividend duè. Exp8ndltur• All expenditure 1$ re¢oonised thw8 Is a legal <yconstrLth {NgallOn to lha¢ 8xp8Thlliur8. il Is [babIe seiilemani Is raqulred and the amout)I can be measured r8llably. All c051s ar8 allocated to the applicable expenditure heading that aggwegale 5irnilar Gosls to tlial Galegory. Wh8r8 Costs ¢anno¢ be dlrectly allrlbuted lo parfcular h8adlngs Ih8y hav8 been allttaled on a basis consislellt %%ilh th8 use of r8sourc8s. th cenlral 81aff costs allocated on Ihe basts ol Ume spant. and d8preclallon chaTg8s altocaled on the rfthe a5sef8 use. Other support Cfy8ts ar8 8IIcK8led based on the swead of slafl cosis. Ralsirtg lunds These are th8 Costs [rrred in 3ttr8cltng ¥olunfary incorn8, Ihe managem8nl of inv8slm8nts and Ih05e iFKaKred I tring actie5 Ihal rals8 funds. Charitable acflvitles CharRable expendhure comprfses those ¢osls In¢wrred by Ihè charity In Ihe delivery of Ils 8¢1ivilles and $8rytes for fts b8Defldades. tt indudes both COS18 th81 c8n be aloc81ed d¥ectly io such aclwiies and those eosts dan indlred natwe nttessary te sup1 them.
Thè Grèènhousè Trust U.K Notes to the Flnanclll Statements For the Year Ended 31 Decernber 2023 Govornment grant8 Goverfirnenl grants are rec(NJnised based w the aGcrual rnodel arKS are measured at the f•r value of Ihe asset te1vert or tecÈiv8ble. Grants are ¢lassified as r81aling either to revenue cr lo zssels. Grants retating to revenue are recogni1 in i[rne over the peri In wh5ch the related cos18 are recognlsed. Grants relating lo assots ale ¢gnIsed over the expected usefiA hle of th8 asset. Where part of a gr8nl relating to an as$81 1$ deferred. it Is Tee0gnlS as deferred Inc(xne. Taxatlon The thartly Is considered to pass Ihe tests set out In Pw8graph 1 Schedule 6 of Ihe Finance Act 2010 8nd ther8for8 It m88ts lh8 definits'on of a challtae companylor UK Mrporalion tsx purkN)se8. Ac¢ordir.gty. Ihe chariiy is polentialty exenwt from laxabon in r8SP8Ct of 3ny incom8 Of capi¢81 galns rèeelvad wllhln cale9orfe$ covered by Chapr 3 Part 11 ofthe Corwraion Tax Act 2010or S8¢don 256 of th8 Taxalon (knr8gatb Galns Act 1992. to the extenl that sueh Income or galns are applled exdusivelyto ch8riiable purp0s8S. Tanglble Ilxed a8¢5 IndSvldual flxed assets coslng £1,(JXI.IY) ¢N more are Inltlally recwdad 81 cost. D•preclatlon and amortlsaElon Noi•'. the a9sei$ have been wyltten to a mlnlnlmthn nat book value of £1.¢). Depre¢ialion is provided on tsngitA8 fix8d 8SS8ts so as lota off lh8 ¢05¢ or valuatm. 1885 8ny 8stim8t8d reskluat valué. ovèr thdr oxpttlad us•lul teonoml¢1118 a$ follows.. A9$6t class Fr8•hold buildlngs Plant and rnachin8ry Flxtures. ftlllng8, lools arKI èquiprnènl 08pr•¢l•¢lon rn•lhod and ralo nonè 0r S years OV8r S yoars Sloek siock Is v8lu¢d al Ih•1tysw of Cost ond estim8ts0 $8lllng pric• lass ¢>)sts to compiat8 and sell. after thje reoard lor obsc4018 8Thd 8low Mon9 81ocks. Coat Is d818rrninad using the firsl.in. fir5t<Jt IFIFOI Trad• dobtor• Trad8 d8b¢ors ar¥ arnounls duè frorn euslomérs for rnèrth8rKI'sa sold or $8fwTce8 pèrfoméd In thè ydlnary LY)urs& of buslne8S. Tra0 debtors &r6 recognlsed Inllially at lh8 tranSac1k priee. Theyar6 subsequ8nUymeasur&J al amorti$8d cosl using th8 8Necllv8 Int8rast rn8lhod, I•s8 prowslon lor Impalment. A w0$10ft for th• Imp8lrm&ni ol Irad• dabiors Is ésiablSshd U)er8 is obl8¢live evidenc& that the chaTIty 11 not be able 10 colect am aurts due lo the wolnal tsmig of the r8cdvabtg3. ¢a$h and cash èqulvalent8 Cash and cash èquivalents ¢omprt8e ¢88h on hand and Call deposlt8, and other 9h¢)l themi hWlyllquk3 inve$¢ments Ihal 8ro r8adilyconvortibla lo a known amount ol cash and arè subl•ei 10 art Inslgnlfic8ni risk ol thange in valuè. Trado Gr•dlt•r8 Trade ¢redllor8 are olS8110n$ lo poy for 9oods w s9¢0$ tho1 ha beon a¢qulred In Ihe ordinarycours8 01 IxJsin8S5 frorn suppliers. Accounts P8y8blè are clas$lfle4 as curreni ItsNlllle8 If the ch8rltydoe8 noi have uncondlllon81 rtght, at the end of th8 reportlng p8dod, lo d8fer 86tt18menl of Iha cradllor for al least iwelve rnonlhs aftbr the reporting date. If Ihem is an uneondltional rtght io dof•r ttlement for at least N¥afve monlh$ after Iha reportlng dale. thèy tra prtssen18d as norpcwrent IlablUIi6s. Trade credllors are reeognls8d Snillally ai the transactlon priee sul(0nY mè8sur8d 8t am08ed cost uslng the effoc1 intwesl malhod. Borrowlngs Intere8t-bgarln9 borr¢wAngs arg Inlually r8wrd8d at lair vakje. nel (AtrrncUoD D)5ts. Int8r8st-bearing iK)Irc[jY dre $ubsaquenlly carded ai amorilsed cosi, with ihe dlfferen¢e b¢tween the proceeds, nel of transaclh)n costs. and Ihe amount dua on radernpllon b8lTrJ r8ccgr4sed as ch8rge 10 the Slalemant ol Fln•n¢lal Advitiès ovw tho of thè mlavani btirmyng. Int8ft 8xp•n Is r袢yJnlsed on Ihe bas1¥ of lh¢ eff4¢lfve Inlwwl rneiMJd and Is Incltxlgd in Inlgresl payablg and slrnllarcharg8S. B¢xrwng8 ar¢ ¢la$slfled as current Uabllilb85 urf85s lh8 ty has an (*IllIOnaI rwt ro dof8r somlement ol I1tY lor * least twdve monihs after the reporung dale. Fund structur Unreslrfcied incorne lundg we general funds that are avdlai4e kn use Ai iNstges dlscretkn In furth8rancé of lh8 oilectiv8s of Ih8 tharfly. Designaled funds alè unrtsslrlcled fijnds sat asmje lor $pucIf PUryK>ses al Ihe discrats.cfi of Iho Iruslees. Re8lrfcled Income funds ara thos8 donated for use in a Partul8r area or for specific purpwJ505. use of whl¢h15 TBthcied lo Ihal area or purpose.
The Greenhouse Trust U.K Notes to the Financial Statements l¢ont.I For the Yoar Ended 31 Do¢emb6r 2023 31 In¢om& Irom donatlon8 and tagacbs Unrestricted funds General R05trkt funds Total fund• Donèiions and legaatrs,, Don81h)ns from in(lividuals Granls. includin9 C4Pital granls.. Government gr8nl6 25.433 I72> 42.723 Total for 2023 25,433 17.290 42,723 Total for 2022 53,128 87,637 Gov8ment Grants can$isted ol the lollovMng'. Coronavlru8 Job Retention Scheme funding qrants made lo the hospltality Industryduring the Comd pdeThI¢ £NII12022.' £4,000) 41 Incomg from ¢harltsbl8 8Ctlvltl•s Unf•strl¢t•d fund8 Genoral Total lundB Operall¢Jn ol relreat centre 472.969 472.969 Totsl f(br 2023 472,969 472,969 Total for 2022 421,153 421.1S3 51 Incomè from oth4rtr#dlng È¢ilvllle$ Unroslrlct•d fundJ Gonoral To¢al Tradlng income.. Sales of goods and s•Nic•8 Propery renlal Income 16.512 1,886 18,s12 1.886 Totsl for 2023 18,398 18,3g8 Tolal for 2022 10,663 61 Investment Incomè R•strlct•d funds General Tot•1 Irsleresl receivable and sirni18r Income.. Interest recoivable on bank depos118 732 732 Tolal for 2023 732 732 Tolal for 2022 69 69 71 Nèt In¢omlngloutgoln9 rè$ourco8 2023 Nel Incoming re50urco5 for the year Ije.
Thé Gr8anhous¢ Trust U.K Notes lo tho Flnanclal Stat&monts (conL) For the Year Endèd 31 Dècèmber 2023 81 Trustees r¢mun8ratlon and expon$ès During lh8 y88r the ch#riiy mada the loi1owg Iran58cl)ns with InJst8È8: Rlchard Langmead £1,214.1512022= £1.9441 of exp8ns8s were rgimburs6d lo Ri¢har(J Langmead duriTha the yfj¥. £84.3512022.. £0ill of expenses were reimbursed lo hllchael cOS0 during the year. £33.3012022.. £nlll of expenses were relmbursed io Christopher Trent during the ar. Expens88 inctsrred whilst on 1rn8te6 business lor Ihe eharily. No trustees, norany person Gonn8cled wilh them. have received anyr8rnUnerd1 (rcm Ihe charitythJring Ihe year. No iruslees hav6 r$c8ived onyother beneffts from Ihe (artty durlng tho 91 Staff c08t8 Tho monthly Avèrag• numb•r ol r$an5 Ilrtludkng sonlty mAgt11tl leadèrship t•aml nploytd by tho eharityduring Ihe year expressed a$ lull t aqulvalents wa$ aa follow8.. 2023 2022 Average numbor ol per80n8 by the Trust 13 12 No employee wcelved emoutments ol rTh)re than £60,IX)O dun0 lh6 year. 101 Taxatlon The challty is a rtglgtéréd tharily and Is IrItsa •xampl from lax8tlon. 11 T8nglble Ilx•d a¥4•ts Land and tsulldln9S Furnltur• and 8qulpm?nt Total Cost Al 1 January 2023 Addlllons $47, 44.831 14.966 592.796 14.986 As at 31 D8¢8mb8r 2023 O¢pf•¢lotlon Al 1 January 2023 Charge for Ihe y8ar 607 762 24,682 35.548 5.670 60,230 5,670 A8 at 31 Oètsmbér 2023 N•t book v•lu• Al 31 Detsrnb8r 2023 521283 18.579 541.862 At 31 Dacembar 2022 Freehold land AThJ tyJildlngs.' Histortl cost £547,965 121 Stock 2023 2022 Sio¢k$ 3.223 4.938 131 D•btor$ 2023 2022 rrade debtor8 Pr#p8ymènls Other debtors 227.339 7.828 2.092 131.568 8.932 141 Cash and czsh equlv&lent5 2023 2022 C85h on h8rtd GJ5h at bank 859 331.118 339,828 339 835 331977
The Gr¢•nhou$o Tru$1 U.K Notes to the Flnanclal Statement$ Iconl.I Fortheyear Ended 31 DeGember 2023 151 Credltors.. arnounts falllng due wlthln one year 2023 2022 Bank loans Trado uedllors Payrnenls on account on long terrn ContrlS her iaxaiion and 80eial secvrily Olher creditors Aral3 28.177 19,704 286,933 2,887 149 2.795 24,175 13,579 180,889 3,091 3,920 3,48a 229 134 161 Credltors: amounts falllng du• aft•F ona y•ar 2023 2022 Bank108n$ 10
The Greenhouse Trust U.K Notes to th9 Flnanclal Statements (cont.) For the Year Ended 31 December 2023 171 Fund$ Balanc• at 1 Janu 2023 8alanc8 at 31 D4cembor 2023 Incomlng resources Resour¢o8 •xpèrtd8d Translèrs Unrestrlcted funds General General funds 474.9Sfl 516.8 1514.3341 477,456 Déslgnat8d R8&erv8 fund 2.862 732 63,594 Total unro8trlct¢d funds S37,852 517,&92 514,3 541.OSQ Rgstrlctgd fund8 RefrbI8hMenI lund 146,254 17.291 163,546 Totsl r•8trlcted fund8 146,254 17.291 163.545 Total funds 684,106 1514,3341 704,595 8olan¢o at l Jonuary 2022 alance at 31 De¢ember 2022 In¢amlng resoureèa Resour¢•s èxpendèd Trlnslorn Unr85tr1et•d funds G•n•r81 General funds 430.e 466.394 {408.1111 112.9011 474.990 Deslgngted R6s6N6 fund 49,961 12.901 62,862 Total unr•strlc10d funds 480.569 466,394 409.111 537.852 Re8trlct•d fund8 Relurbishmenl lu Furnllure lund 105.528 52.824 304 112.0981 13041 146.254 Total r•strlet•d lund$ 105,528 52.824 14S,254 Total funds 586.097 619.218 {421.2091 684.106 181 Analy$18 of n•t ass•l$ betwaan fund8 R•$trkt¢d fund8 Total fund$ 41 310oeombér Unwe8lrlct•d fund• General Deslgnated Reslri¢ted 2023 Tangiblo fixed assels Current assels Current Ilabilld Crgdllor3 over l year 541.862 353,179 1340,6441 176,9401 541.862 580,317 {340,6441 176,9401 163,544 Tolal net as88lS 477.457 704,595 Restrlcted funds Total funds at 31 Decomb8r Unr88lrlct•d funds Genoral D¢si9nat•d ReStet• 2022 Tangible flxed assets Current asseis Currenl Ilabilities Cred¥tors over 1 year 532.566 268.739 (229.1341 197.2211 532,566 477,895 {229.1341 197,2211 146.294 Total nal assels 474,950 62.862