Registered Charity Number
1090701
Registered Company Number
04190545
FRIEND IN NEED COMMUNITY CENTRE
[A company limited by guarantee]
Trustee Report and Financial Statements
for the year ended 31 March 2025
FRIEND IN NEED
CENTRE FOR POSITIVE AGEING

Contents
Introduction
Management Committee and Governance
statement of Public Benefit
Financlal Revlew
Trustees, Responsibilities
Financial Statements

Introducllon
The Trustees present their annual report and accounts for the year ended
31 March 2025
The Trustees are satisfied with the performance of the charity during the year in
question.
The full name of the charity is Friend in Need Community Centre and is also known
by the acronym: FIN.
The legal registration details:
Date of incorporation: 29 March 2001
Charity registration number: 1090701
The registered office is:
East Barnet Baptist Church
Crescent Road
East Barnet
Herts
EN4 8PS
Company registration number". 04190545
Bankers:
Notwest
120 High Street
Barnet
Herts.
EN5 5FF
Audltors:
Alexander & Associates
5 Braemore Court
Cockfosters Road
Cockfosters
Herts
EN4 OAE

Management Commlttee and Governance
The members of the Board of Trustees durlng the year ended 31 March 2025 were:
East Bornet Baptlst Church
Revd Rupert Lazar
Vicky SmallKeith Nipps
Local Volvntory Organisatlon
Vacancy
Volunteer Representallve
Sharmini Mani
Vacancy
User Representatlve
Jeffrey Pettett
Churches Together
Richard Murray
Repre$enlallve nomlnated
Cllr Philip Cohen
Local Buslnesj Owner
Marie Sauka
The directors of the company are also trustees of the charity and their responsibilities
include all the responsibilitie5 of directors under the Companles Acts and of trustees
under the Charities Act. Not all trustees are directors.
At the Annual General Meeting all retire, but are eligible lor reappointment. The
appointment is for one year.
Nature of Ihe governlng document and the constltullon of th• charlty
The organisation is a charitable company limited by guarantee, incorporated on 29
March 2001 and registered as a charity on 19 February 2002. The company was
established under a Memorandum of Association that established the objects and
powers of the charitable company and is governed by its Articles of Association. In
the event of the company being wound up, members are required to contribute an
amount not exceeding £1.
The methods and procedures for the recrullment and appolnlment of new trvstees
New trustees are recruited through networking with local partners and from users
and volunteers. Appointments are the decision of the serving trustees or the Annual
General Meeting.
The Management Committee comprises:
The Chaiman:
Eight nominated members who shall be three members of East Barnet Baptist
Church nominated by members of the Church in General Meeting ("The Church
Members"); up to three persons nominated from churches who are in membership
of Churches Together in New and East Barnet," one person nominated by a voluntary
OTganisation working within our cotchment area and one nominated by LBB.

The Right to Co-opt as stated in the Constitution is as follows:
The Secretary and Treasurer of FIN shall be appointed annually by the Management
Committee, which shall give preference in making such appointments to its own
members, but if none shall be willing to accept. it may co-opt any person or persons
in sympathy with the aims of FIN.
Not more than persons co-opted pvrsuant to sub-rule (c) of this clause.
Not more than three persons, who shall be users or volunteers, may be co- opted
by a two-thirds majority of the Management Committee present and voting.
The pollcles and procedures adopted for the Inducllon and tralnlng of trustees
Induction at FIN is generic and training of trustees occurs under Ihe umbrella of
various support organisations e.g. the Charity Commission and Stewardship.
The organlsaffonal structure of Ihe charlty and how declslons are made
General management is the responsibility of the Charity Co-ordinator in consultation
with the Chairman. Strategy and the fulfilment of the charitable objectives 15 vested
in the Management Committee and decisions needing to be made are discussed
in committee, with each trustee having a single vote, the Chairman having a
casting vote. In order to achieve the Aims and Objectives of the charity, the Charity
Co-ordinator delegates responsibility to other staff members for the successful
management of their departments.

statemenl of Publlc Benefit
Objectlves. aims and actlvllles of the charity
A summary of the objectlves of Ihe charlty as sel out in its governlng document.
The primary purpose is to relieve poverty, distrèss and sickness: in particular, by
providing activity services for the elderly and housebound, neighbourhood care.
support for carers. and community schemes. and lo develop other services as
deemed necessary from time to time.
The charlty'5 alms Includlng the changes or dlfferences It seeks to make through Its
acllvltles.
The aims are very much the same as the objectives. Some of the changes and
differences that we aim to achieve include, but are not exclusively limited to.
prolonged habitation of clients in their own homes. as part of continued
independent living and maintenance of as high a standard of living as possible:
reduction in social isolafion. The activities such as yoga and Tai Chi and seated
exercise are to encovroge o more active life style.
An explanallon of the charlty's strategles for achlevlng Its slated objecllves.
To keep in place adequate paid and volunteer staff to meet the needs of FIN clients
in all areas of operation and for maintaining its fleet of vehicles to a standard that
they are always available for use by our clients. Have a variety of services and
activities to entic8 clienlele to live more positively through participalion in less
sedentary pursuits.
Maintain working relationships with our partners and inform them of notlceabl8
changes to the health and welfare of mutual cllents,
Apply to grant making trusts for funding to enhance the seNices on offer.
Th• Charlty's grant maklng pollcles
FIN Community Centre does not give grants.
Soclal or programme related Investment
No direct financial investments are made. but investment in the lives of our clients is
made through the services offered by FIN.
The activities offered by Friend in Need are designed to help people [it's clients]
maintain a healthy lifestyle. through various forms of exercise. social activities around
a cup of tea and a piece of cake, as well a5 cooked meals: the provision of
information and advice concerning nutrition, financial affairs [benefits]etc. We refer
to other organisations. when necessary.

The conlrlbullon of volunteers
FIN would not be able to operate without its dedicated volunteers. FIN has
approximately 35 volunteers working across all areas of service deltvery. from
cleaning up. to one to one interaction with clients. for example. Volunteers give as
much time as they are able and even one hour per week is welcome. although we
ask for a minimum commitment of 6 months. Moreover. like all voluntary
organisotions. we are constantly in need of new people. This is particularly so. as
many of our long serving volunteers are inevitably ageing. Volunteers work as
admini5trotors, activity facilitators Iplay games,18ad quizzes etc.] serve refreshments
and meals, drivers, befrienders etc.
Volunteer drivers, on reaching the age of 70, cannot drive a minibus without
undergoing a medical which is not available on the NHS.
Summary ol the maln acllvllles of Ihe charlty In relatlon to Its obJecllves
Lasl year's onnval report begun wilh the words. a busy but chollenging year, for FIN and
this year's report begins with the same sentiments but unfortunately wlth a greater
emphasis on 'challenging'.
The good work FIN does and its vital role it plays to so many has never been in doubt, but
questions remain about its financial viability and how it can continue to provide its
essential services, whilst finding a way to reduce it5 substantial, yearfy loses.
For a Small, local charity. FIN finds itself in a relatively lucky position,. in that it holds h8althy
legacy funds in reseNe, monies lovingly donated by past members and their families, for
which we ore 50 thankful. However, the Management Committee hos been faced with
the same dilemma for some time now., how long does FIN use this money to plug the
deficit and what can be done to reduce these loses? So that the legacy money can help
build a stronger, more productive, sustainable futvre for such a cherlshed organisation.
Last year the difficvlt decision was taken to make redundant the positlon of Transport
Manager. When providing services 5 16 day5 per week this wos on essential requlrement
for the charlty but once FIN reduced11 service hours, the responsibilities of Transport
Manager could be easi￿ absorbed elsewhere.
The Trustees thank Mr Sal Hussein for his work at FIN and he is missed by all Staff and
members, bul FIN could no longerjustify a Transport Manager as an essential role.
The Manogement Committee will now be considering further chonges and restructuring,
and difficult decisions ogain lie ahead but all wilh Ihe future and success of FIN as a
prfority.
staff as of 31 March 2025
Rebecca Dickinson
Maria Drury
Hannah Giritharan
Julie Gubby
Geetha Katuwawala
Catherine Lloyd
Charity Co-ordinator
Visiting Assistant
Activity Centre A551Stant
Driver & Visiting Assistant
Senior Activity Centre Organiser
Activity Centre Assistant

Hnanclal Review
FIN has legacy monies in reserve which provide a healthy-looking balance sheet.
however the charity is once again posting a substantial operating loss.
Though the charity is indeed fortunate in that it has such monies in reserve, as the
resull of legacies bequeathed to it, FIN does not wish to be 'surviving' on this money
as it should be used to grow and impTove its services, rather thon plugging an annual
deficit. Therefore, the Board of Trustees will be looking to implement internal
restructuring, ftjrther grant applications and more innovative fundraising activities.
Reserves Pollcy
FIN will also be looking at ways at making its reserve funds 'work' harder for the
charity through some low risk investment opportunity. Professional advice is currently
being sought to fulfil this
Share Capltal
Friend in Need is a company Limited by Guarantee and therefore has no share
capital.
Plans for future perlods
Continue to provide suitable Services to the older population of Barnet;
Slalement os to dlsclosvr• of Informallon to audltors
The Trustees, in their capaclty as Directors, state that. as far as each of them, at the
time of approving this report. 15 aware".
there is no audit information of which the auditors are unaware:
the Trustees have taken all steps necessary to make themselves aware of any
relevant audit information and establish that the auditors are aware of that
information.

Frland In Nèed Communlty C•ntr8
Ind•p•nd•nt Examln8rfs Raport lo tho trusteos of thg charity
Report of the Independent Examinerto the trustws
on th• a¢¢ount• of tho Charltyfor th• year ond•d 31 March 2025
I report to the trustee8 I wl)o are abo Direetors for the prupose of CoMp￿Y lawl on my ?xpJnlnat(on of
the financial statements of Frlgnd In Noed COMM￿[ty Centre (' the Charitable companll for th8 y88r
ended 31 hA8rch 2025. whlch ¢omwtse the Statements of Financial Activilies, BaF8nce Sheet and
realled notes.
This rer*Xt is mad8 Solety to t￿ tharity's tru8teo8. a8 8 body, In a￿ldance wth section 145 of the
Charities Aot 2011. My m￿rk has been undertaken so that I might $lato to th& ¢harlils trusie88 thosé
mattors l am rgqulrgd lo Ststé to Iham In thls report and for no other purp03e. To th& fullgst extent
permitt8d by law, I do not a¢￿p1 or as$umo rèswisiblfjty to anyo￿ other than Ihe charity and the
charfty's truste88 as a body, for my ￿￿rk, for th18 report, or for the oplnlon81 have fomi
R••pon•lbllltS&8 and ba81• of r•port
As the truste88 tsf ¢ha¢llable company you aro ro$ponsible for the pr&paratlon of tho finand81
8tatem8nt6 In acLordance bmlh the requlremtnts of th& Companles Act 2(￿ Ilh• 2C*)6 Acl'l.
Havlng sallsflod myself that the flnanelal 8tatemants of Ihe charltablo 0)mpwy ar• nok raqUIr￿ to be
oudfted under Part 16 of th• Act and ar• •I￿1b￿ for Indapond&nt examination. I report In re$p•ct of my
examlnallon of tho charllable company's Nnanclal stslemgnt¥ carrf￿ out under se¢iknn 145 01 t
CharOI(0$ Ad 2011 1.tho 2011 A¢l') And In carrylng out my examlnauon I havo follow•d 011
Appllc*blo Olrocltons glven by Ihe Charlty Comml$slon undor soction 14515llbl of th9 2011 Act.
Ind•p•nd•nt •x4mln•r'# st4l•m•nt
I hav8 completed my examlnallon. I c¢nflrm that no mat•rlal mattor8 have comg to my att•nllon In
connecllon th th8 examlnatlon glvlng mo cau80 lo bplleve that In ¥ny mg1èrf81 r88pacL
- accounllng rgcryd$ wgrè not k•pl In r•sp8ct of thè charltablo cLJmpany a8 requlred by sodlon 366 01
the 2006 Act or
- the Ilnancial 8tatem•nts do not acccrfd wlth Iho8e rKord¥,' or
- th• $tat9m8nts do not comply ￿th Ihe accounllng requlr•monl8 of 80¢lon 396 of tho 2
A¢t oth•r than any r•quIr•m￿l thal th8 fina￿081 slatem•nts gfvtr a 'tNo and falr vlow whS¢h 1$ not a
matter consldered a8 part ol an ￿depend￿nI examlnatlon.. or
Ihe flnoncSal statements have not been prepared In ￿[danCe ￿th m•lhod$ gnd prknclples of
th& Stalomgnl ol Rgconvngndgd PracUc& for accounllng and reportSng by Chart￿e8 applkoble lo
eharlUes preparfng Ih•lr accoun18 In ar￿114n¢? with th& Flnon¢lal Raporttng Stondard appllcable In
th& UK and Republ1¢ of Irelar¥J IFRS 1021.
I have no concems and have come acr085 no other maltW8 In ￿nn￿¢t10n wth the examlnallon to
kh attantlon should ba drawn In thls report In order to anablé a prop•r under8landlng of iho
flnanclal st8t•m•nts to bg roached.
Alul Dave
The Ex8mlneVs rèl&vanl prof•8$lon•l qualm￿0￿ ry bTrJy'. ICAEW
Alexand•r Davé
Chartered Account8nls
5 Braewfft C￿rt
Co¢kfo8t•rs Road
8amot
Hert8 EN4 OAE
The date upon vthlch my opinKJn is &xpre88gd is :_

Slalemenl of Dlrectors, and Trustees, Responslbllllles
Chority Law and the Companies Acts require the Board to prepare financial
statement5 for each financial year that give a true and fair view of the state of affairs
of the charity at the end of the financial year and of the surplus or deficit of the
charity. In preparing those financial statements, the Board is required lo:_
select suitable accounting policies and then apply them con5iStently",
make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concem basis, unless it is
inappropriate to presume that the charity will continue in business;
state whether applicable accounting standards and statements of
recommended practice have been followed,. subject to any material
departures disclosed and explained in the financial statements.
The Trustees are also responsible for maintaining proper accounting records which
disclose with reasonable accuracy, at any time. the financial position of the charity
and which are sufficient to show and explain the charity's transaction5 and enable
them to ensure that the financial statements comply with the Companie5 Act 1985
land amendmentsl. They are also responsible for safeguarding the ossets of the
charity and hence for toking reasonable steps for the prevention and detection of
fraud and other Irregularities.
The Trustees are also responsible for the contents of the Trustees, Report. The
responsibility of the auditors in relation to the Trustees, Report is limited lo examinlng
the report. and ensuring that. on the face of the report, there are no inconsistencies
with the figures disclosed in the financial statements.
Revd Rupert Lazar- Chair

Frignd In N8•d Communlty Centrn
8tat•mont of Flnon¢l•l A¢llvltl•$
for th• ￿•r •nded 31 M•r¢h 2025
Unrn8lrfded
Fund•
RMtrl¢t•d
Fund*
T¢t•l
Funds
L•BtYear
Total Fth)d•
No1•$
2025
2025
202$
2024
In¢om•
leg4cle$
Ott)artradlng actlvldes
Inv86tmenl Incom8
¢harftabl& a¢UvlU88
15,970
1.4S7
4,419
86,910
15.970
1.457
4.419
86.910
17.480
2.595
3,832
62,060
Totsl Incom•
98,758
88,756
85.907
Co•ts olch•rle*bl• •¢tlvlll•8
114.117
3,300
114,117
3.3
116.388
3,280
Total •xp•ndllur•
117,417
117.417
119,626
N•t •xp•ndltur•
Tran*f•r8 ts•tr￿•n tund•
128,e611
128,6611
133.6Sg1
11,6901
N•t mov•m•nl In fund•
128,8811
128.6811
135.3491
Tot•lfvnds Ixoughe fonv•rd
381,S93
381.$93
415,252
Totsl Fund• ¢affl•d fobw•rd
351932
352,932
379.903
ThD rnt movem•nl In funsY$ referred to 4bov• 1$ the n8t In¢cfftkng r060wc•$ as d•fin•d Ihe Stalem8nt DI R•cfmmended
Pracll¢e forAccounllThJ and R8portlng 188ued by thè Charty Commhlkin for England & Wakns and l• rgcon¢118d lo the totsl fundi
a• In the 8alHnG* ShBèt on 16 u rwulred byth• 6dd $tal8m•nt.
10

Frland In N••d eommunlty Centr•
Statement of Finandal Actlvltleg
for the year •nqlgd 31 M•r¢h 202
D•signatod r•v•nu•fund•
Total
Fund•
Last y•4r
Tt)t•l Fund•
2029
2024
At 1 April
At 31 March
3.188
Flx•d ***•t funds
D•Algnatsd
Ftshds
R•¥trl¢t•d
Fund•
Total
Fund•
LA•t y•*r
Totsl Fund•
2021
202S
2028
ZQ24
At 1 Aprll
TMn61er Iloyfrom révonu8 accumulBted fvnd8
A¢ 31 March
3,53S
3,535
10.531
6996
Th• wrru• ol th• b•tsvogn R•v•nu• Rw0rV￿,Do*jffiOtsd Fund$ ond Fixod A868t Fundi18 dw¢rtbed In tho to
th• •ttount•.
Thi not•• on p•y• 15 to 22 fomi In Intsgrnl wt •lth••• a¢¢wnts.

Friend In Ne•d Communlty Centr•
Balancè Shoot
a8 at 31 March 2025
Not•$
2025
Th• as••tg •nd Il•bllltl•s of th• chartty..
Flx•d ass•ts
Tanglble a5se15
Totol nxod a¥¥gts
1.409
1,409
3,535
3,535
Curr•nt ￿••ts
Debtors
Cash at bank and In hand
Total Gurrnnt 11#¥Ot¥
7269
4,380
376.978
381,358
359,118
Cr•dttorn'.-
amounts duo wllhln one ￿er
10
17,595}
13,300)
N•t cumt ￿841•
351,523
378.058
Total•$8•1s l•M cuff•nt Il•bllltl••
352,932
381,593
Amounls dug Ifter mort than tsnt yèar
Pr•vl•lon• f•rll•bllftlM and ehary•i
N•t a••ots Includlng p•n¥lon aJ••t I Ilablllty
352,932
381.593
Th• funds of th• chartty..
Unro•trkt•d In¢om• fund•
Unre8trfcled revgnue a￿UMUlated lundu
Dèslgnat•d rw•nu• fiJnd8
Unmtrl¢t•d ￿PItal fund•
Deslgnat8d flxod as80t fund8
Tot•1 unr••trl¢t•d Ivnd•
348.335
3,188
374,870
3,188
1.409
3,535
352.932
381.593
RMtrlct•d Incoftm lund•
R••trSct•d c•plt•l lund•
Tothl mtrlct•d fund¥
Total Gharlty fund•
352,932
381.593
Th• TNBl8e8 are sa￿8110d that the company Is onlillod to $xgmpllan from the requlrernent lo obljln ¥n ¥ud
undor $sdlofi 477 of th8 Companleg Act 21X)8 and Ihet members have not requlred the company to oblaln an
audit In accordance wlth se¢llon 476 of the A¢1. Th• dlrector8 a¢knoth#dg• Ihelr ￿spOnsibl11118B for Comp￿ng
wlth the requlrèm•nts of lh• Comp8nlas Act 2006 wtth respect to accountlng r•¢ord$ and tha preparallon of
accounts. The accounts h8v• beon p￿par￿ in Aecordas)c• wlth th• provlslon8 In Part 15 of the ¢omponK?$ Act
20l￿ a
Ic8tA& to cornpanle8 subloct lo the srnam componl¥s re9lma.
Tr
Tru•t••
Th• not•8 on pag•• 15 to 22 ft¥nn an Int•gr•l part of th•s• •ccount8.
12

Frlend kn Ne•d CommuTrlty C•ntr•
Notes to the A¢counts
totr th• yw •nd•d 31 March 2025
1 P*Gounting poll¢l•s
Basls olprep8ratlon of the •¢￿ts
l The financial Statements have been p￿Pared in acconlance whh AccountlnB and Reportkng by
Charltles.. Statement of Recommended Practice applicableto charitle5 preparing thelraccounts In
accordarKewith the Finantial ReportingStand¥d applicablè inth• UK and Rwublic of Irelan(t IFRS
102- effective l January 20191- IChoritle5 SORP FRS 1021 and the Companles Att 2LYJ6.
The tharftable company rne¢￿t￿ deflnldon of a publk benefit entlty under FRS 102. A55etsaT
Ilabllitles are Snitlalty recogni5ed at historica1costortrar￿£t10n value unle5$ Otherwlse ststed In the
relevant accountin8 ￿tIlty or not•.
The tha￿tY has taken advantageof the exemptton In Fknanclal Reportln4 stsndard No I fromthe
requlrement to produce a cash flowstatement.
The partlcular accountlng pollde5 adopted are set out below.
bl
Thètrustees consklerthat there are no matÈrlal uncertalntles about the charltable comyny's
•bllltyto contlntse as a 8oin8concern. Key judgements that the tharltable company has mède whth
hav* & slBnlfkant on the accounts InclLbdE eslSmatln8the liablllty from mult1￿+8￿ 8rani
commStments. The trustees do r￿t consider that there are any 50ur£es of e5tlrn4tlon uncertolnty*
the reportln8 dare that ha¥e a sJ8nlflcant r15k of caus508a material adjustm¢ni to rhe Carrylnrf
arnountsof assets and Il•bllltl•s wlthlnth• n•xt r•portln8 perlod.
cl In¢om•
Incomg 1$ accowt•d f¢ron a r8c•fv?￿0 basl$wh8n Iha ch8￿ty15 8nli118d to all InGL¥no and tho
amowl Can be ryanlll1￿j wlth rgaBonatAF aGGur&cy. Tho folb*ltYJ 8p8clllc ￿1￿•5 ara aFpllod to
rU¢ukni cate￿08 ol In(*m•.'
-VO￿[knry Income rvc&ved by woy ol#r8nt¥, doNollon$ •nd glft8 and18 In￿ded In full
roc•￿4￿•. Grant&, ￿knOr• 6ndI￿nont not cOnd￿on￿l on dallwry of q Bpedlk perfonnanco by th•
tharty. r•c¢9nl$•d vkn•n lh• ¢h•rfly h￿Orn￿ urK¢ndllbnglly ¢nOtkd to t￿ grnnt.
- Don8lad Bnd lacllll•s we IrKluded st the va￿* to th• Charity th•r• th1* c•n b• wanim•d.
Tho valw of 89th8 prO￿d•d by y￿nISe￿ h•B not b8•n Indud•d kn th•1• acco￿ts.
- IrKomlng r8iowc$i fr¢m gmnti, wh*• rnl*d to p•rf¢m)anc• rthd sp•omc d•lW•NK. aro
aocount8d far 86 tho ch•rty éirnl th• Aght to¢onthJ•r8lon by Its p•rf¢rm•rK•.
dl kwvtrn•nt I￿oM•
8ank kntereslls includud In th• and eyndllufe accounton a rI￿1vatIO bailÉ.
el D•f•rrnd Incom•
In at￿rI￿n￿? ￿1kn tho Slot•m•nt of R•comm•nd•d Practk• for knwnllng aNJ Rgk¥xUng 186u¢d by
Iha Charty Ce*))ml•6lon￿ f¢r En*nd & Wales gr8nts ￿¢¢￿Ved In advance and spedlled by Iho
dI￿N>T a6 Mlallng lo #peofi¢ acc￿ntIng peiiod$ ty attérn81iv8ly wthlch are 8ubj8cl to condM¢n$ %*thich
•ro $1111 lo bo meL *l)l¢h aro th$ ¢onrrol d tho tharltyor ¥thare Ith uncertaln wh8lh8r lh¢
eonditionB can Lv will bo moL are deferred on an ty¥$18 ¢0 pprfod to whkh they relatè.
Such dglertals ar• $hown In th& noteg to Ih¢ 8¢Munts 8nd Ihè sums knvolvèd Èhtswft is ¢¥•d￿ar4
the xcounts.
13

FrS•nd In Ne￿ Communlty C•ntr•
Notes to the **eounts
for IhB y•ar 31 March 202S
n R•cogn5tlon of Nabll#h•
LlobiStie8 recognised on tho 8cGruak bas15 h 8C¢Drdan¢• r#)Ymal 8CCOLY*lng prindpbs.
m(Kll¢*d wh8r8 necessary In accordan￿ with the widance gnfftn kn lh8 Statemant of Recunrnended
Pr8¢t￿ for Atcountlng 8nd R8prthg i88ued ty t￿ Charty CommS55k)nBrs for Engb)d & W8188.
gl Exp•ndltur•
The polKy for ln¢ludkng118m8￿Ih1n Ihe relev￿1 advity categorf•8 of expgnded
8￿rUaL9 ba$1$ 8$ 8118blllty ts ￿u[red. Exp￿d￿l￿re InC￿deS any VAT*thkh cannot ￿ fulty
rot￿¥•1•d, and h r•pThtsd M part of thg expwdllwg to 51 relBteB.
In pa1￿Cular th• pdlcy lor Incluthg Kerns￿Ul1Tr of ￿eratIng fjJnd4 charllabkn •ctlvftlo• and
gov8manc•
c￿1¥ of g￿era￿ng fLmd8
Co818 01 genwallng fLmd8 comprkne ol coth 58to¢tht•d altrxithg volwlary Snwne arKI c¢>s18 of
tradlrtrJ for lundrraJlrvJ pu￿098•.
CharW8
Ch8rW8 8xp￿rn comwh• olts)w Qg•ts IrxuTh•d by tho cwty In ￿ d•U¥•ry ol lth •Èb¥lll•8
and f¢r tts bgnofi¢18rfeJ. 11 InCIL￿O6 cost8 that C￿ be alloc4ted dlr•¢ty lo suth 8¢Wl*• Imd
Ihow ¢ost80f 8n Indknct naluve necessary Io 6UFPOrt Ihem.
Govarna￿ ¢o8t8
Govarn¥ncg ¢o¥li Includo tho¥e Go•l8 #680¢￿t*d vth m8elln9 the ¢onslltulkJTr818nd #ithtory
rgqulrgrn0rf9 gf Ihg charty 8nd Includ• Ih• sud*f••ts and to8t$ lknk•d to th• itrat•gk monoggmellt
ol tha ch8rlty.
Alk￿￿￿On of¢Nli wl¢hSn I￿81 ol Wended
Tho molhod9 ond pth¢We$ ffff th• 811ocBllon 8nd aFporknm•ntol al cost• b•tsw•n lh• dKf•rwl
•clvlty ¢aligorhi of r•8(*Jr¢M abM ar•:.
Dkecl coot•- Co•1• rela￿r@ to a partkAJlgr adlvty arn &lbcatod dlractty,
SLWOrt Cost￿ Thu• aro asxated Hppwllon•d •• lollm..
- St8ff co81 la b88•d on 61aff Ime.
- Pr8mls88 co•t818 bos•d on floor are
. ¢Jhw ¢o•t8 •r• b8•8d w uoago.
hl Unv••ll••d 4nd r•all••d o•ln•
R•allts•d 94kn• and hJM•• •r• I￿l￿ded In on th8 dBt• #t *thl¢h * e*Jntractuo1 obllggth)n
•nt•r•d Snlo.
UN?0￿8•d 98ln8 ID$￿8 8r• eompthd by MI￿ne• bj th• Ma￿•t valu• ofth• In¥¢Jlmgnio gt tt
bal8n¢• 8h86t d818, compared to th• brou￿1 forward £￿t or vBlvul*on. Jnd b8888
on ￿mI￿gr Cal8gC￿e$ of in¥e¥lmBnl8 are nellrd
fj FIX￿ ••••ts •nd d•pY•¢lotlon
All lany4)le I￿ed a¥sets. excepl Ir•elMld land ond ￿ll(lng8, ar• stated at co&t18•• dopr•clatknn.
Fr•8hokl18nd and buik4ing$ 6t•ted •1 • valu•lon orfved at by a Frfof865h7nally quallfjed ffimi of
Va￿0[5, vtho v4tued the 4ss•ts on tho baslfj m8rkel vBlue In current Use.
118ms of18SS than £500 ar• not ¢apttalsed.
t)opreclatbn has been provided at lh• fOlkn￿￿4 rnt•s kn ord•rto wrlte off th8 Aa8ats [￿ th￿r
•ycied r•shJual l ovBr thdr 08Om&ted us•ful ec4nomlc Ilvos.
Equlpnont
Vèhlc
Photo￿p* & ¢omput*&
10% 8travJhl Ilno
26% stravJht Ilne
2S% 8lraltht Ilne
A annual r•vlw4 ofth• Ilk•Nhty￿ of as*t Impalrmentls undertaktrn.
14

Frknd In N•èd communlty Cèntrn
Nots8 to th• Acccrtwrtg
for the year ended 31 March 2025
11 Capltal grants
Th8 bowd of tru8te88 consllor that . In order to compw with tho Statsmont of R￿0Mmended
Practice for ACcoU￿1n9 and Reporkng i88u8d by Iha Charity Commissioners f¢x EnglaNJ & Wales.
of I￿gIbl@ fixed $8s0ts or grants of 8 ¢8pItsI naluTr fven S￿clhC purF4)se$ and fully uti
In t￿ furth8ran(* of lh8 Obj￿ of Iha charlty shixjld b& erèdftad to thè w1ev￿t￿Xtsd 3668tfund hft•r
thg ¥um& have been prDperty expendBd on the restricted purpo¥e. The related aBset15 4hown kn the
bolance s￿1 al the lull ¢08t of cr BubBequonl rovaluatknn.
If thw related as8•ts ar• subloct io r•8lrfctkJn8 by tho grant m&klrvJ organlsadon on tholr uu• 8nd
118po881. then rgsldc&)Th8 aro notod In I]X￿ 9¥$01 ¥gcllon of Ih8Ja a¢counl¥. In
tircum8tstKtt. Ihe fix6d a88el lutwl ￿$918￿ 1$ tr88led as a reslthled fixed asset fund. A8 lh•
r8laled a888ts aro d6pred818d, then a Ir8n$far b madè from rostri¢tgd fÈ<6d asa81 funds to
unmlrktgd r•v¢nw r¢$orws to ro￿¢1 tho dlmknulbn h tho aSSo1 $ubJxt lo tho ro$lrklon. In Ihls
year. 8 8um ol Nil wa& trdn$fer¢8d from rost￿t¥￿ fixed a$set lynd¥ to unrestri¢W raV￿￿É r88èrv88.
thts re￿ •ssets thro noi Subje￿ to r•itr*tson# by th• gr•nt m•kin9 Ug•nI$*t1￿ on their use •nd
dtsposal, then thB fix￿￿ asset fund creqled IB treal8d aB & desi￿al8d r￿ed asso1 fund. As Ihe
1olal*d 0s$01$ oro dopro¢latod, Ihtn a tr￿$f￿ Is made Irt¥n de$lgnoted flxed 85$0t fund$ to
unre81tstsd revenuè re8aMs lo refjeet Ihè diminub'on in Ihé 4s8ot. In Ihi6 y6ar. • ium cl Nll w
transf6rred from doswèiod flxed asbal funds io unr8Strfcted roverwJ9 roserve8.
Any reslduol Ilabllty to the dc4)or •d611g frem, for éxamw, th• al￿t,* futum 8th, li dfj•¢1o￿d li
conllngfjni lIa￿lty unleB6 Iho event that would lrfguer repayThont of ￿ grant botorr￿S probabkn In
cose g lability lor r•p8wnl 15 recffjn188d
Insofar as Ihl8 poKcy rdat•8 10 Gov•rr*m•nl grnnls And to •xtentth&t It may ￿ a d•partur• from
th& Si818m8nl of Sl8Th18rd A¢wunkng Pract￿9 NumbBr 4, such dep8rtur8 1% lu&lnBd on th8 b8$10
that K 1$ In ¢rdw k) ¢i¥nply th• 8la10m0nt of Re¢LXMlOndod Pra¢lS¢9 f¢y A¢¢ounith)g and
R•pothg by th• c￿rfty fvr Enol•NI &Wikn.
Il Taxatlon
As a rnql•lw•d chorfty, th• comyny l• •x•mpi Irfm Incan• and ¢orpornOon tax to th• ￿•nt I
Incornv gains we appllcabkn lo chwjtablp purp08eB orly, V8lug Added Tax fjts not TvtOV0rable by
the company. is ￿lefC￿e Included In Ihe reievanl ccrf18 In the Sialemenl ol Flnqnclal Aclhltlos
kl Fln•no• •nd op•ratlng l•••
Rentakn payabl• In r01￿¢1 ol 0￿ra￿n9 l•a8•1 thth•r• •ub6tanllolly ol th b•n•lhs and rlsk8 of
wnarnhlp r•rnalnvllh th• l•iÉor w thargod lo Iho $10tsm&nt of Fhanclfyl IneAJrr•d.
Flnanco1oa4w ar¢ accounw for In accorda￿4 wmh th• r•qulrom•nt• ol fv FlnoncL81 Rowrfnq
standi￿ for $mall•r Entli￿$ IFRS102 1A1.
11 Fund• •tN¢tur• pollcy
Tho chBrfly a 98ner81 unro8fficted fund whlch rgpre¥or)t8 funds wl*h are exwndabLg Ot
the diBcretM of lh8 Iruitses in furth8ranc8 of the obh8cI8 of the th8rlty. Such fun¢J8 may b8 hald In
der kn fknance bDlh caW and caphsl lThveslm8nL
R•Btr¢¢t•d funds hav• b•8n W0￿•d to tho tharlty for partlcuiar and 1$ th• policy of the
board of tru*ses to curefully monltor the apF41calon of Ih058 Iwds in accordanra I￿1h the
resldctSon8 ￿aCed upon Iham.
A a88•t ￿nd 18 malntalned whkh r•yesénts the wrltten down value of tsnglbkry flxed a580ts.
and 18 dlvldod Inty a re•tdcW fix￿ 8$se¢ fund repr¢senlng Ihg wthn value of th080 asaets
SLknlect lo r88lrktbns, ￿1h th8 b818nce bèkng In 8 deslgnated luThJ repr8senllThJ Ihe wr*t8n dovm
va￿0 of th080 asset8 frne ol r•stricdorts. Th• d•tall•d cparath)n of the￿ lunds i8 described under
th8 accouthny policy, C8pltal grants,. Tho chgrly also m8in18in8 8 daBignated f￿1 astsai fund whkh
8n unre8trthd frxed 88$ets fund sel a&klÈ lo meet IhB lulur&c*t81 knv88trnenl8.
Th¢r• h t)0 flym￿ poli¢y ol trarwf•r t•tsvo•n funds or on th• I￿a￿On of funds to d¢slgnatsd fvThl8.
¢ther than that th5cribBd 8iKJvg.
Any ithar tr•n¥fvrb•tw••n fvnd8 wouh1 b• on th¢ dff¥m*lan¢g4.

Friènd In NO￿ C¢¥mmunlty C•ntr•
Nots# to th• A¢¢ounts
lorth• ymr •nd•d 31 Alarch 2025
ml Accounling for L•gacle
Legaclas are r8cognlB8d whan the ehaTIty bets)me8 enlUe•Y to IL The Incorn8 or &48ets r*celved wlll
b•tr8atthl ai r•strtctod or unr88trictsd d8pendirvJ the exact n8tur• 8nd condth.ons of the Iqgacy.
n) R•cognltlon ot p•nslon ¢osts and p•nslon a8Bets and Ilabllltl•s
Th• Comp*yoporntes a dofinod ¢Ontrfbu￿0n p8n8ioTh scheme. con1ribut￿9 eh8rpl to th8
Inc¥Thoand Expenthiuw Account 88 they bewne p8y8ble In aCeordan¢•￿Ih the Nl9$ ofthe
80m•othgr charllabb Effjdy or bodl8B hBvkng Slmifar ¢bloCts to Iho ¢hgTty.
Yllndkng up or dlmolutlon olth• charmy
If LWI wlThdkng up or dL¥¥c￿lIOn of Ihe ¢h8rlty thw• T•malTh arby aJ80ts. after the 6ati4f0¢Uon of 811
d8bts IHbilil1os, th• 8•aèt• r•pr•Mnt•d t+y aceumulat8d fund shall be traMforr8d to tamo
oth•T chor+tstrA• body or tr*Jdi88 h8Yiro •ifftihr oble¢t8 lo Ihe thorfty.
J O•ficlttor th• Iln•nGlal y•ar
2028
2024
Th1• l• •t•t•d •ft•r¢r•dltkn9:"
A•v•nu• Turno¥w frnm ordlmry *¢tlvltl••
84,337
81135
Ind •ft•r charylng...
Oepredthi of owned fixoo 8688ts
R•ntAI8 und•r op8ratlngl8a￿1
P•n8k)n COBt8
Ir￿*pendent Exomkn•r%
2,128
13.230
623
3.300
12,600
456
3,280
Fundo bèlonolng to th• eharlty h￿8 not b••n for the purch888 of 5n•ur8n¢o to prot•cl th•
trom lo•B arfglng from th• Mglbcl or d816ylt8 of Ils ¢ru8te88, •mploy••• or •9•nts. or to
Ind¢mnlfy N¥ IruNt¢¢6. omploy8e8 or ag•nt#, #gakn8t th• c4)rA•qu•n¢•• of any nggknt or d•lauK on
th8lr part.
4 8l•¢•n*ni that •xp•n••• w•r• p•ld to tnJ•t••• or ¢•nn•¢t•d p•Mon•
No axp8n8é6 Y￿rth to tru8t••8 orp•r4on• ￿nn•¢I¢1 th Ihom.
D•talled •n•ty•l• ol ¢•rt•ln tran••¢ll?n• r•qulr•d by lh• 2019 thp St•t•m•nt
Of R•cornm•nd•d Pffactlc• for A¢¢ounllng and R•portln• 108u•d by th• Ch•rlty
e•mrfMlon•r• lor Ebwl•nd & W41•• {•ffecll¥• 2019)
VAriou8 item& *l)kh aro raquir•d by th• 2016 T￿￿oTr to tt)8 8tst8menl of R8commènd8d Pr4etK•
for ￿￿UM4rvJ and RepNUng lilugd by Ihe Charfty CcmmlBslonern fer England & Wahs l•ffecllvo
Jgn 20191 lo be dlB¢boed In Ihe ft￿8 to Ihè accourt8 are #•t tyjt th• D•l•lled 8ch8dule to ihe
stthtsmenl of Flnw¢knl .
¢ In¥••lm•nt In￿m•
2024
Bonk depogtt Inbr¢st recalved
4.419
3,632
16

Frf•nd kn N•od Con%￿UnItyc•lltr0
Notss to the Accounts
for y•ar ¥￿d￿ 31 Mar¢h 2025
7 staff c￿ts and EmobJm•nts
2025
Gro￿ sal￿9$
PoMk•) Contr1￿￿0
53,719
523
54 242
59.171
456
2025
2024
Avarage numb•r of•mpWo#
Theowero no fees orotlw remumrallon pald to the trusto08
Therewero noèmploy888 with 8rTh)ILllnonig in oxc88s of £60,000 perann
Nolthgr thg tru8ts98 nor 8ny pwwns ¢*ynnxtsd wlth th•m hov• r•c•W any r•mun8ralknn. •hh•r In
th• eurnnl y•4r N ihe prfor y••r.
8 T•nglbl• lun¢tlonal ISx•d M••l•
M•chln•ry
I V•hl¢l
A•••t ro•K or r•v•lu•d 4rn(iunt
Al 1 Aprll 2￿24
AddlJonJ
Al 31 Mafth 2025
99,116
cunwlal•d d•pr•clAtlon and lrnpalfflwnl pro¥lshn•
Al 1 Apfll 2024
0gW8clallon on rgv8luatlon
Chwgo fcf Iha year
At 31 M•r¢h 2025
95.580
2,1
N•t book valu•
At 31 March 202S
At 31 Mard12024
1488ets are u￿d lorthrtchar1￿8 purWI￿ and I￿r? ¥r• nv I￿l￿natI# ty horfloutr 811Ot8
17

Friend In N￿d Communty Centr•
Not•¥ toth• ACCO￿
for th• y••r •nd•d 31 March 2025
9 D•btor•
2025
Tradg doblor
Pmpald expenses
3.224
618
10 ¢r•dllor8: rnntsf•llng du•wllhln on• y•ar
2025
6,619
11 R•lat•d party traTh•actlon¥
S￿8 of Irustééa ar• al￿ m•mb•r8 of E*8r Bam•t Baplht Chjrch 8nd Fdend In Ng8d operAtes frt)m
th• ehurch'5 p¥op8rfy for whkh h pays renlB and conldbullor* tow8rd8 iep8lr8 .Improv•m•nts.
deaTh[r￿ IWI an(1 Iw¥l. In 2025 il pgl¢J Eajt Bwnet 8llpt151 Churt* th• lum of £13,230 12024:
£12,600).
12 Olh•rllnancl•l ¢0mrnltm•nt•
2025
Totol luiure pwMnl8 undgr n￿-¢a￿Al0b￿ op8rBbng leaui
13,67e
17.491
lj An•ty•h ofth• N•t Mov•m•nt In Fynd•
2028
2024
Nol rnvement In frjntts from 8¢otwnont of FlnonrJ81 A¢lfv￿
rellowces •ppNed on funclkjnal fixed ass¢ls
N•t Mov•m•nt In lun¢h •vall•bl• forfulur• *¢tlvMI••
128,6611
135,3491
The n&1 r8901WC88 8pplled an thetknnal fixéd and th• net hve$lm•nt In prografflmo reL•t•d
Inv8¥xlm8nt8 rnprttenll the co81 of4￿￿￿on8 18•8 proceeds ofany thpo881
18

Frlond In N•od Communlty C•ntre
Notes to the Accounts
for th• y•ar •nd•d 31 Mwch 2025
14 PartIG¥l￿ of Indlvldtsal Funds and an&￿1* of a•Mt* and Il•blllll•s r•w•Mntlng fun414
At 31 March 2025
Unrutrlthd D••lgnatsd
R••trl¢t8d Toial
fund•
fund•
funds
Funth
Tanglbkn ￿xed Assets
Cwrent Assots
Cwrent ￿￿bilitI
1.409
3.188
1.4
359,118
17.595
352.932
365.930
17,5951
At 1 P•rfl 2024
Unrnatrlct•d O••lqn•t•d RMtrl¢t•d T*)l•l
fund•
funth
Fund•
T8n91b￿ FrA6d A8s•ts
3.$3S
3,188
3,535
381.358
13,31KII
378.170
3.3001
374 870
Cwr•nt Uabilil
Th• Indfvldu•l fund• In¢lud•d •bov• *r•:.
Fund• At
21124
Mov•m•nts
Tran•f•rn
Fynd• •t
2021
Fund•
b•low
fvnd•
374.870
3,535
3,188
126.6611
2,128
12,1281
348,335
1,409
3,188
DosWalod Vehidé F￿d0
Do•￿9t￿ Rwjwdancy Fwd
kn1￿11 ￿ mw•m•nts In lund• M •hown In th• tsbh •btrv•
OutqoSn9
R•Bourc•s
a*ln• &
LosM•
knm•nl
In fvnd•
R•wurc••
Communty Centro
88.756
117,417
117417
128,6811
1S Endowm•nt F￿d•
Thecharty h•d no •ndtr￿n￿tI￿ndl kn th• y•or •nd•d 2025 or In thg year oTraed 2024.
16 Shar• Capltal
T￿ ¢harily b IneerrAY818d urHl8r tha Crry8nl8B Aet 1986 and i# limltéd by gu•r•nt••. M¢h m¢mber
havlng undortak•n to ¢fA)trlbLrt• sud) ￿unIS not ?X¢09dlng pound w rnay b8 r8qulrgd In Ihe
event of tho ccmpany being %•DLmd up wN151 he ￿ SI￿1& 8¥118 m¢mb8r or whhln orft year th8reaft•r
Thera Bre 5 m8mbori of the cthnpanyl 2024-7 memèersl
19

Friend In N•ad Communtty Centre
Sch￿Ule to the Statement of Financial Activltles
for tho vear ended 31 March 2025
StatUB of thls Schedu￿ lo tho Stat•m•Tht ￿ Financlal ktlvltlos
Thls sched￿8 Is an Intrinsic part of th8 accounts requlred to comply the the Slat8meN of Recommended
Praciice ftir Accwntfing and Reportlng issued by the Charfity CommlsBlon8rs for England & Wales. However, it is
not a part of the slaiulory accounts requir•J undor thè provlsk)ns of the Cornpanl•s Act in r918tlon to
Incorporated Gharthes.
Unr•slrl¢t•d R￿trIcted
Fund•
Fund#
2025
2025
Totsl
Funds
2025
Prlor P•rlod
Totsl Funds
2024
Income
L6gad8s receivable
Donatlcrt)8 and grants
Total
Total Grnnts,L•g•¢l•• & Don•lk•n• R•cel￿d
Total Voluntary Incom•
11.442
4,528
15.970
11,442
4,528
15,970
12,788
4,692
17.480
15,970
15,970
17,480
Oth•r tradlng a¢lMtl•s Igeneratlng fund•
Fundralslng activiti•$
1,457
1,457
2.595
2,595
1A57
Investmert Incom•
Bank deposit interest recelved
4,419
4,419
3,832
4819
4,419
3.832
Charltabh adlvlth•
Other anclllary trading to beneflt b8neficl8rf88
86.910
66,910
62,060
86,910
66,910
62,060
Total Incom•
88,756
88.756
85,967
Charltablo expendlturn
Support costs ofch•rl¢al)le Ktlvldo$
Dlr•ctsupport ¢o•t•
Gro88 wages and salarfes - charllable a¢tivitl88
Pension contributlons charltable employees
Volunteer8. and ca8ual slaff Costs
staff tralnlng
Other costs of Acuvlty Centro
53.719
523
53,719
523
59,171
456
225
S70
570
4.421
59.329
4,421
59,329
573
60,425
20

Friend In Need Communty Centre
Schedule to tha Statement of Flnanclal Actfvitles
for the vear ended 31 March 2025
Slatu# of thts •cheduh to th• Statamont of Flnanclal ￿tIvitIeS
This schedule 18 an intrinsic part of the accounts required to compty with the the Slalemenl of Re¢ommend&J
Practlce for Accountlng and Reportlng Issued by th& Ch8rlty Commlssloners for England & Wales. HO￿ver, it is
not 8 part of the statutory accounts required under the provisKJns of the Compan185 Act 2006 in relatlon to
Incorwrated chafltles.
Unr•#trlct•d R•gtrl¢t•d
Funds
Funds
2025
2025
Total
Fund•
2025
Prlor Pgriod
Totsl Funds
2024
Man•g•m•iit•nd•dmlnl$tr*tlon costs
In Support olch•rl¢abl• ￿lIvI￿•S
Pr•mh•* Co*ts
Ronl payable
In8ur8nGo
13,230
1,552
1,822
16,604
13,230
1,552
1.822
12,600
3.174
Pr•misos mpairs and ronwal$
G•n•r•l•dmInls￿I1W• •Xp•n*￿.'
Telephone and fax
Statlon8ry and p￿ntIng
Subscrlplon8
Comwter Expen585
Bank charges
Sundry expgn$e8
5,212
3,366
1.036
3.419
580
229
13,842
5,212
3,366
1.036
3.419
580
2,562
2,209
1,033
5,386
652
125
11,967
229
Prof•s$l¢)Ml In •upiwrt of ch•fft•bl• •cllvlll••
Payroll costs
Other professlonal fees
1.042
4.776
1,042
4,776
4,417
5.818
5,323
Other Support ¢o$ts
Depreciatlon of asso18 U80d for charitable purpose8
Transport Expenses
Meals and Refreshmgnts
Theraple$ and rgligf
2,128
6,381
4.531
5.506
18,324
11
117
2,128
6,361
4,531
8,686
6,104
2,524
4,126
21,440
116,366
Total Support ¢o$ts
114117
Support costs forgrnnts pald
Costs reallocated from support costs
Total Expènd￿ on Charltablo A¢tlvlties
114,117
114,117
116,366
21

Friènd In Ne•d Communlty Contre
Sch•dulè to the Statsmont of Financial Activllles
for the year ended 31 March 2025
Status of thls s¢hedule lo Ihe Statom•nt of Financlal ktlvltles
Thls schedule Is an intiinsic part of the account8 requlred lo comply wlth the the Statement of Recommended
Pr¥tice for Accounting and Reporting issued by t￿ Charlty Commissloners f￿ England & W8th. However. 11 1$
r￿( a part of the statutory wulred under the provlslons of the ComparHès Act 2006 In relation to
In¢orporated chadtl&8.
Unr••trkt•d Re•trlct•d
Fund•
Funth
2025
2025
Total
Fund•
2025
Prlor P•rfod
Tolal Funds
2024
Governaneé Costs that arn not dlrnct management fvnctlons Inherent In gen•ratlng
funds. seftvlce dellvery and programme orproject work
(Includlng management and admlnl$tratlon costs)
Sp•cMlc 90￿mIn￿ cojts
Independent Exgmlne¢s Fws
3.300
3.300
3,260
Total go￿rnance costs
3.300
3.300
3,260
Thg basis for thè alkicalton of COBts as shown above Is explained in the accountlng p)Il¢i88 and the notes lo I
accounts (delete 811 Ihls tsxt 8UtohhJo
Analysls of transfws betw•en lunds
Transfer lollfroml unle9￿¢tod to b& analysed lurther
Transfer lollfroml de$ flx ass lo be analysed fvrther
2,126
{2,126)
2.128
12,1261
8,686
110,376)
Transfor 1$ made be￿￿￿n flxed 888et funds acqulred by grants In rnsp8ct of th8 deprgcl8llon charge on those
as8et8.