REGISTERED COMPAIIY NUMBEK. 04506510 (Effjland and Waleg) REGISTERED CHARtTY NUMBER: 1096171
I to 3 4 to 6 9 to 14
The trustees who are also dlrectors d the charty lor the puryN)ses of thè Ctffjpanies Act 21. ryes1 their wlth the flnancial stataThnts ofthe charity for theyweThJed 31 Augu512023. The tnjstees ha¥e aloptol tr provNons ol Accounting and RepwJrtirvJ by Charit'. Statement ofRecornrnerbJed apatrA8 to chanls preparw their accounL% in attoldce the Firsancial ReFQrtirvJ Standard UK ar Repubk IrdaNI IFRS 102) {dfectThp l January 2019). The princw of the C(thpwy is a¢frar(enl (rf the aJLKh)n of the of St Marfs Cdltye ty the wovlsk of srKrts fKillie5 for the prOVN rf I1111e5 for heaf(hy reCreab. for the yneT pubk wf(h partKulw re9ar(I to the reds of the yourwji infwm awl. The TneeS have compl8J ¥itth the duty in SeclKffi 17 (5) 201110 rewd to the gimdarKe put41511 by the Charity CLNnmi&sbJn ab Put4t BÈnefL Publlc benefft The cOrny, through ts Spo fa¢ility as Tr AcaknW' S a tee Ch ithty aThd as Ihe Inrtees hw a dY to ensure that Ily AramY that furt1 As pwtV5e5 fw t1 bwth. Tr aims PWSX)5e of tt CWty, as re9Sknd the Charty c1$5 .. The ACadV 15 comrnitted to I111j facfths the bcal encoura3irvJ a heakhy lrfthle for yow peOe a)d the community that use the Acthy, in pxsiit ol the ains d thèchity. Stafat the Acbjwry ha ljeen tra to prov¥Je exerose wogvames as part of a wewx)us C• feffaI The main custorner of the Acknrry 15 St Marfs Cdege vkn use the IKilty almo# eKdwely during the thy. unbl 4rn, for the benefrt of young peokle at Cdkge. After 4Fqn a VWI rf syx¥b"ng thts a avaitatle for yothKJ p, SLKh as ialAe tennls armj I9h chAJs that w the Academy and Insiruttovs, and al50 throL•Jh activibe5 UryaTr1 ty the SLknol. Tr sclKLI agj WOVKlts Iree of the gyrn * aby to )urj peg tetWe the age5 0116 and 19 In educatknn at the c¢1. ACHIEVEMENT AND PERFORMAN Charltabla actMtI•s The AdemY continues to oFere in a er1wcThrt cc¥nFtrtth fr¢Jn cost 9yms in the arÈa and as è rrbJStCU5tcffj¥ PrthSre rwx incraèsed for the rry.Tr rTh)nthly Cht0 thÈ AeadnVs maln CLtstomer. being Sl Marfs Cdlege, vtse synilar to that in 2022. The A¢ademy is lo(ed rjn >te rf St Cole9e Il ¢cge has ¥wic5 spxmts fKiltle5 ifKludiry a spryts hall, 4G Ixtth and MtI use games £ourL8. Lett¥igs for the sch(dg a rnarwwd through The Acatknry a1 IherefoTe staff costs fo¥ managlng the leNj ladlyes are aPF¥Ytked beiwRen the AcadLyny and thl. Thi5 is the 4rd year the C¢N¥l 19 pJrYlvnK h¥ alyerted the trathny crffipany. irKome frvrrTr the use or the [Ille5 by extemal Ltsers and spY)rt% clubs has ire&ed rt is stl not at the seen prior to the pandemk. olatIj 16,258 {2022:defiot £14.0891. FINANCIAL REVIEW InVestnTrt pollLV and obhctjves There are no restrKtKJns on the (Jarivs k)4bV to stre9y is sel up by the Trustee Board with eSsal asSisce arKI is re¥ie¥Yed arbfMdbT. LtIakeslyitl¥l rowlrnents, rfjk lle tuture expditUre of the Charity. Reserves pollcy The tru5tee5 seek to makntth aknl d free seNe5 (that s fuNts Ued 4) in ffftd assets reslrthd thd$) that enab the to sustaln ts operakn.on over a wthen gentll may i curkn.lèj tonporawty or pemanenuy. The trItst tonskler the Is1 apwoFfk4te to bt 6 monlhs èxpÈrKJiture on tharitable obieLtives and marbagement of tho orwi5Jt. P4el
The cL)Y ts l¥ntted ty waRnte& The IkiL ol msthr5 in of Il Cryrry bekng vMyJnd Is Iltrlted to Él. The C(Nnpany wa5 I(pOratl on &h Wst 2002 as a Chffj 24th Febnry 21J)3. The Tn&ees are Iw tsTru5tees of St Cuthbavs R(¥Nn Chc4ic Ac& Tntst of whth St Mw/s Ctty, HuU15 part. eTre5 are gwi sKh hrf0rrrwt and trainlrvj as they to thelr ovgafft1tlft The tree$ [Tl on a rwdar 14)sis to thiixster the They Jre st¥yorted Finano Marwtr and stsff of Trust •KI rethjrpj to the Comwny. Rl•k m•Tra9emert ThetruStee$ wiewing the rnaTrx rsto whth thecwis ext. Irrtern ri5ksarn1n1Md ty the iManentat?n prOCedeS for atrfng tsansthis ar•J Wolts and to en5we corfj15tw qujlty of dEINery for al the oat)n the Charity. R•9lsteMd Ct)mpany numb•r 045D6510 (EThJLiThJ and Watesl 1096171 St Marf5 Col ClblOC Aven H1 East Yorkthwe HU6m Mr G M Fllzpairkk {ieslgned 311812023) Mr P A Feaml Mrs S Teathle Chief FInat crfrk Mr D Uiws (aprKJlnted 11912023) themsth fry at the Annu Ctheral MeetirrfJ. The irttstees apP)Int ty the Trustees ol St CLthLrts Roman CaMt Acthy Tntst of whkh St Marfs C ts a RSM UK ALKIt LLP 2 Humber (JJay5 WeNington Streef West HULL East Yrykshire HiJI 2BN
REFERENCE AND ADMINISTIIATIVE DETAILS Banker4 NaiK)nal Westmirkster Bwhk 34 King Eth44rd Street Hull HUI 3YN srATEMENTOF TRusfEEg RESPONSIBILrriES The twstees (who a also the of St Mary¥ Ce&9e %Krts De4d)pment Conwy for purposes of conwny law) re re5rA)n5ilAe for eparIng the Trustees. ReFJt aThJ the fInCla st&aMts in CordarKe wAth applKat law aml United Klngthmn Accojntknj StaThlarts (Urmttd KMb)SJm Gew Arqtsl Accrrtuth9 Prxlits). Company law rtquires Ihè trustee5 to prepare firwKial stateTh fcf e ar g¥e a true and falr vw of the state of affairs of charitabkcompany resour of re59urce5. irKIThJ the income eFeIUre, of the tharitsble (LpaFry for that In wepaing those fmancial statana)ty trustee5 are required sdLXt suf(able accouniry then apF4y Ie rneth¢Jts and princiFle5 the Chanty RP. make ILts esimnates thai are reawkAe aTrJ rAudrt' compahy w1 contvw in b1rS5. financ1 wsillon of tre cWtat4e compw and to enable t11 to er&Ke thai the Statem15 compty wf(h t Crynpanw Art 2C(6. 50 re5PW9t4e for egUards the assets of the charitable company heKe for taklng In so far a5 trustees we awarv. there is no relevant audil inf0mlat ol whkh the companls •Aitors &e Unare. arKI . the tntstees have takÈn &1 that ougtrtto taka) tornake th)sae (l any relvRnt auth informat to establish that the •J¢ors are aware of Ihat inlorm*"on. AUDITORS The PSM UK LLP. will be at forttKWry Annu4 Gal Meetry. Approved ty order ol the oftn&ees cffi 14 Decembtt 2023 Jwj sfjwj cffi fjts ty.. Mr D Laws. Trustee e3
Oplnlon We have audtsd the fwwKial stater$ tSt Marfs C Spjts CoThyany (the.chb1e companll for the year ended 31 August 2023 comprise the StaterTrt crf financial tties, the Balan Sheet and nces to the financial statements, ithiTh3 a wJmmwy of sbjnificant accountmg kKAKies. The finanaal repyting frarTwork that has been èOied in their preparalwjn is applicatle law and United PKcwntirwJ &andards Irtj Generaty Acceted knOuntr Pr&bok In wr opiThon the financia statements: gNe a true and fair view of the ste of tl dwitaNe 0>S thrs as * 31 AwJu5t 2023 and of Its itKtynin9 resources and applKation of res0w, iThJudiThJ its Incon and eypenditure, ts the year then ended: . have been epad in accor(larKe the (rfthe Crnwanies Att 200& for opln We conduLted thjr alIt in acc with Intemat)nal StaThlard5 cffi Al111n9 (UK) sAs (UK)) and appl¢cab law. r re5F¥Jnsibilits under those stsn¢l3rd5 are des¢ithd in the Audtsg le5F9.11ties for the audit of the fiftan(ial slennts section ofourreFQrt. We arn ffmlepetht ofthe chaiitth ccryany in accordan th tt)e ethtil requ1Ments that are rthant to au(lit of the finanoal statemerts in the Uli induding the FRCS Ethicd Standard, and V have firlfilled our other ethical reSn$11es ¥i attOnIan 4rith these uleMents. We telRve thatthe audit Conduslons rdotlng tr• 9olng cl{M In audn9 the flnan(yal slatements. we have cOnckM th& the tn&eeg LLSe Lthe goiw CcrfKem basis (l acc(A¥n9 irb the preparntion of the financial statements is appro)riate. that, indmdualty or collectively. cast nfftant dou d)aritth ctynpanvs abilty to o)rtinue as a gM9 corthn lor a pwc¥J ofat kast nTh)nths from when the finanaal siatwnents are authcffised issu¢ sethons of this reporL Oth•r Inforn The trustees a reSpS11e for the (ther informati. The cther infr)rth ¢pr the inf0mtion induded in the J)rtual ReporL other than the finanoal statements and our of the IndepeThlent A1th$ thew. ()Jr OnIOn on the financtsl stknents ¢ks ncrt co4v the ther infotTrTrtion a1, ept to the exiwrt othe1$e &¥I¢J slated in our reFX do exwess any forni of assuran c(ffiChJS• therecrfh. In crA)ne¢tion our audrt ofthe stsfthws, is to re•J Ihe rjther imOn , kn dolng xi. conslder whether the cther information is materialty inc£fflsistent vthh the fvwiaal stements or our kIledge otainaJ in the audit or otheM5e app to be matwialy misstated. If we pjenbfy 9xh rnateri im)n%stenfies or apparent material mlsstatements, we are reqUId to deternmne wrtKther thi5 9[e5 rise to a materol misstatement in the finanaal statements thenth. If. based on the v ha p¥ftynd. we conduL that there 15 a material mi55tateThEnt ofth's other infomiat)n, wuired to k>t that fact. We habe nothing to rwt ln thls regard. In our oponkni, bad on the ¥¥ork undertaken wi the course of the wd¢t: . the infomwt*)n given in the Trustees, Rerrf)rt ftr the fw whith the fmancial statements are weped is consistent with the finanoal staten. an
Matters on whkh we are fequked to ieport by except In the IKJht of the krKMledge a1 understsnding of the thaiitsbk compwry and its enwronmert obtsined in the coutse ofthe aud¢ we he n( ident(wl material mtatts in the Trustees, RepyL We have nothing to report iTh respert of the n&iers thè Art 2(K16 req us to report you if, in our opinKJn: . adequate attounting rdS hknt Len keo ¢X wdum5 ade(pth for fAW alIt have Thjt teen reteNed from brand)es rK)t wsiteil by u5; 1 . the financkil statements a ncé in agreefflent Vlth xcoiw re¢ts thms: - certsin dixbsures of trUe remunerakn ¥eufjed by low are m; or wè have not receNed all the inforni3b.on and exallOnS we for tyjr rt or . the trustees were not entided to tske athiantsge c(the smal exenWKn the requirement to prepare a Strategic Rep)rt or wEparir4J the ReF Responslbllltles of tn A5 exFAained rre futty in ihe Statemert of Tnth. Re5pxNith, the trustees Ivh) a a19) ihe directors of the charitatle coryany fty the purroses of cOmpy14} ¥e for the preparation of the financial siatements and being satisfied that gve a Irue and fair view. and for such #emal contml as the trustees deterniine is fraud or error. In preparing the finanaal Statents. the trustees are assesgng the charitable companvs abilty to continue as a gory concem, disd09"NJ. as aprknble. related to concem and un9 the golng concem bas15 0facc0ng the Iru#ee5 dther intend to IMiwd thaitth compary orto 0[09n5, or have no realistic alternati tt to do Aydltorfs responslbllitles for the audlt olthe fm•nci•l 5tat•m r objethves are to obtsin reanal assuiaKe atmmtt whether the financk4 stste1 as a whole are free from material misstatemen¢ vhthr due to fra or eOr, and to isgje a Report of the IndepeThknt Authtors that indudes ovr opinion. Rea9)nae assuran is a high le of assuran, iwt is nrt a guarantee that an audit ccmducted in corfantr ISAS (UK) will ak¥ay5 dEterta rnaterial rThsstkntwhen * exi5t% flsstaterr can arise from fraud or errc and are consthred matwd rf. indivpjualty in the aJrgate. reasonabty be eXpted to Infl(Ce The extent t• whkh our wocedures are capth of (ktect5ng kregul•rltl kndudlw Iraud Ls detalkd below: lryularitres are Instan of non-coryr1an wilh laAs and allOr. The obprts of audit ale to obtain suffioent appropriate audit evmIen regardIr Complian with laws and rjrms that te a direct effect on the detem11nati( of matefial diXknsU in the fvwKial statements, to pwform audit pw(KaJure5 to help idents.fy insiance5 of tw"cVfflplwe wrth Lther laws aTrJ that may hove a material eff on the financial ststements. aThJ to resp)Thl apwowwtelyto jerfi Or Th)n-(lie with la and regulatic$ identified during the audiL In ation to fraud, the Objecve$ of our autht are to i(kntify and asse55 the rsk rrf materwl misatenRnt of the financial statements due to fraud. to otain gjffiaent apprcyts rewding the assessed risks of material mithterrnt due to fraud through de99rj arKJ 1rlykn re¥ and to reSpd apprc¢)riatsly to fraud or suSed frJd identified thring the atht. P•Je 5
However, it is the pnmary 0fman•J&Mty wth the oversght ofth05e Charg with governantr. to enw that the enlity's are (cdUCted in accordan with the womgons of law5 and regulatKins and for the entiM and dete¢liC of fr&J. hlentify'NJ and assesslng rlsks rf mri MSatern li resFeLt of WTegul¥itses, inthithng frdl, the att -oLalned an un(krrvJllYJ ofthe natu0fthe sertor, the legal and rtylatoryfranWrks thatthe charitable cINnpany OFerates in and how the chaitaAe coMY is Cpn9 ith tt le9al and regulatory framw)rks: . inquired of mark¥( and tlwjse tharyed gobmano. atXJL their ovm identificffi and of the skfj of Irregu1teS, Indudlng any kn(lA actsral, susperted aled instsnces cl fraud; . discus matters abrwrt non.COmF4ts with laws and regulab.ons and hLX¥ fraud mht cmjr KdudiThJ assess A5 a rtsuh of these edureS COn5iLr the NK)st Sign and regularn$ that have a thrett ifTyact on the fmancial statsments a FRS 102. Ch¥"eS SORP (FRS 102}, comleSA 20&5, arItIeS Act 2011 and the charitable tornpanls governin9 documenL We Ferformed prOcere$ ID detect nrnFlIanCe5 vthith may havè a maten.al kn)parton the finanoal ststements mwing the financial stateMts indlIng the Tmstee< Rewt and remain9 rt to new Ursu tStI)n5 #Y be in xo)rdance the o)veming dfmmonts. The wdlt ryagerwt team Klentified tt risk rf Ihwr¥Je as the aw where the finartial siatements most gJWlt to matenal rnissts due to frdwl. Audit pmcedures Ferfomd induded but We not limite(I to n9 manual hrnal trieS and ottrr a"Ustnts, evaluabNJ the bLNness rntK•nale in Tektion to &gnificanl unusual transactiCS and transactJn5 enterell ir0 rxtsKJe ts ncrnl of bu51r. thallen9ing judgments and esbmate A fijrther descriFth of respbIlItteS for the audit of the fin(la1 stattsnents is located the Anènclal Rew>"n9 Counal's web5ts at VA.frC.0Tg.Uv0rYeSp¢tyes. This dlpt fcffms p of our Repjrt of the IndeFffident Auditor& This rert is male to the chariiatde cornwvs as è t)ty. In acu)rd•E vAih thèpter 3 of Part 16 of the Comwoes Art 2006. Our a't th has been uNlertaken that we mwjht state to the tharitable Co[$ members those matters we are requirnd to stste to them in •JditO. repNt and for no other purpw. To the ful extent rvrNtted ty kiw, not KceFt ry assume re5FMJnsNty to anne olher than ts (haritat4e company and the chtAt compan$ menkn as a Ix)Jy. for ¢)ur this re1( for the opKin5 ha4E fonned. Richard Lewis {Sen•)r Statutory Alttr) for and on behaK of RSM UK Audit LLP 2 Humber Quays wdlingl Street West HULL East Yorkshire HUI 28N 20 December 2023
2023 Total funds 2022 Total lunds fvnd fu INCOME AND ENDOWMEiifs FROM Charitable aclivities Chartat4e aLIMties 14 025 Charltable acllvltles Charrtable actmties 140 800 INCOMEI(EXPEIII>rnIRE) (16.Z59) (NO.800) (157.1)59) {154,889} RECONCIUATION OF FUNDS Totsl funds brou1 fmya 111872 140.800 252.272 407,161 TOTAL FiWIDS CARRIED FORWARD 252 272 Page 7
1023 Total 2022 T(al fvnds fvnd fund Tanglble assets so6? 154,991 3,111 Cash at bank 5¥165 103,368 CREDrroiis Amounts falliThJ (6.919) (6.919) 16,087) CURREIIT ASSETS 95213 9S,213 252.272 FUNDS UnrerKted funds io 94213 111,4n TOTAL FUNDS These flnanaal ststanents have been wep&ed in aCte appllcatAè to tharttsble leS 9AJJect to ihe gnall CoMpae5 rwme. ggned on tts behalf ty: Mr D Law5. Tyustee MrPA Page 8
ACC01114TIMG POUCIES Basls ol prtparln9 the flnandol statennts The finarKlal statrntsof the (harrtae compry. Is a tnefft fft1erFRS 102, teTr wepared in accorda CharitE5 S(KeP IFRS 102)'AccountKwJ ch1b"e5: Statemert of Rmended pract applicab to dIarit5 preparuvj tha"raecounts in thrda with Ihe ThnarKrJl Reporting StswKkrd in the UK and Reput of [land (FRS 1021 Idfective l 2019),. Flnanaal Rep)rtiNJ siand&d 102 Th Flnanclal Repjwtry Stsndord aprable in the UK ar¥1 cllrew wYSthe CryixoesAct 21Xfi. The fuwncial slatwnents have been prepared uTrr the historical cost cOnbntiL stata)wtts. as pemirtted by FRS 102 The RèKtiliNJ StaKlard aprAblE in the UK èrKI Rewbk of Irelanrf: Income Income rePrets 9rnrts tS)nabry receNaJ. and wge ofthe exChd1r¥j vabje ald tax. Income rdatvvJ to 5FeofK pervxts is aHxNt]Ord xcounling FvxI to it rdates. All other 15 fthernment Grants the condits)rs to them and the grants will be reJ. Grants related to wrthase of assets ae tted as delerred income and allxaled to the wofit ar1 (olt useful INe5 (4 the lat assets. Grants to expewtse5 we trEated as InLUTh in profrt and k55 in IhE perKJ thry are rKer¥atle. those costs trtty inoJrr8J kn pursuan ol the (omp¥rfs Ch¥ate aCtilS and the cost iightty telong5 to rnore Ih3Th one an approwale WOForDon. G(NemwKe a5 those a$Thted wh eting the CstitUtI)nal requir d the chaw. Tary4ble Ilxed •s%ets Deprlath)Tr is wovided & the rS Mi ¢th wite off a55el ry4V its estimated useful te. Lty¥J knehold Flant and MathiY T3xatlon The charity lseYrt from tsx on 15 dwal actrit& Fund accourtl RethctJ furKJ5 can OTr LE WEd FJartKul¥¥e5trKled seSThin the objKts of trKy. R&rKtKffi5 4rise Further expla)ètrth) of the natwe wp)se I1 is irtkKled in note5 to the fmarKial IrKome rKeived from SFQrt EWKI sinylw rxgalwsat)rts are separated and tre&&l as restrkted funds. ExwKJure inawred in io the rerthl lun(ts 15 Cts1 In accwdarKe wlth the daims for made lry the Comparw. Golng concern dirLftgrs have J reasonable exFtiOn that ttr ha5 uaie resources to Cortin in operational existence foi the foreseeat fVre. Thus they Cort to ath)pt wng Conc basis of tn preparing the annual finla1 Stalnert& P*>3e 9
nn•nda 1nrtr fina[ assets, fina lats"Itie5 irtstrurnents. An equlty Instrnmert Is any turtract that knces a gdtsal Intaest in the assets of c&npany aftw al of lthl 2022 III104 17.181 7,75S 111304 11,667 12,914 188 external ge 14 137 073 The ajr( fees for the cthnpany Is tarried ty 5t Cthberfs RcTr CatlK kadwrry Trust ffwus1}. Tr Tntsi has a controlllng InfluwKe of the company. thI fee5 are di1051 In the Tn& accouni SPt cots rtluded In the atth. are as f5. 2023 tab 2022 1000 1,050 (Yr1 cos15 293 741 NEf INC0/(EXp4DrnIAE) In¢ortl(expwKlUre) ts #ated *ter dwgW(titdlw4): 2023 2022 149 68 I4 Page 10
TRVSTEES REMIINERATION AND BEIIEFrrs 31 Agl 2022. Trustees. expensos There were no trustees. eynses IDr yew 31 AwJu512023 rby the year eNled 31 2022. Totsl fufids fund furKI INCOME AIID ENDOWMEIITS FROM Chorltable athltles Charilat4e <lv4il5 137 073 EXPEIIDrnJRE OM 151162 Totsl NET It4COMEI(EXPENDITURE) {14,) {14O,8C) (154,889} RECOIICIUATIOH OF FUMDS Total funds broht fotward 125.561 281,600 407,161 TOTAL FUNDS CARRIED FORWARD 252 272 TAt4GIBLE FixeD ASSErs Flant TotsL5 COST At I SeOunber 2022 Addit5 926,477 240,897 3,167,374 Al 31 2023 97 LL221 240 897 3 213 118 DEpREcIAoN At I Septembw 2022 Charge for ye 780,177 231206 011383 At 31 Awjust 2023 23 16 NET OOOK VALUE At 31 Au9USt 2023 so At 31 Aug 2022 11
The C(fflny has a Iee to (Kcwry tr l¥KI for a pthj ( 21 Irrffi 14th AL¥JUSt 2002 at a pep[cOrn rent. ExFditure to £2.804 wa5 InCwd to the of thE Cryany and Is In It 2023 2022 Tr•Je debtors 1.929 62 L066 VAT 2023 2022 3.IlJ6 764 3.833 373 ArTKWrts to wp ur¥rtakvs VAT 919 Ith MOVEMErir IN FUMDS It 1.922 in fuThJs 31.8.23 rneral fund iiyn {1&259) 9S,213 Ca131 Grants 140 (140,800) TOTAL AINDS in funds unrestrfct funds rneral furKI L025 {X57.284) (16.259) R•strf¢tsd fvnd$ (140.800) (140000) P•JÈ 12
io. MOVEMEiif IN FUNDS- ronllnued C•mparntlrfts for movement In fund5 Net At 31.8.22 At 1.9.21 fur•ts Vnrfjsts1(t•d funds General fund 125,561 {14.089} 111,472 Capital Grar 28lPJI 1140,800) 140. TOTAL FUNDS 252 272 experKIEd in furK15 Genernl lund 137.073 (151.162} (14,OB9) Restrlcted fvnds Grarts (140BID) {140.8) TOTAL FUNDS 291962) A (nt year 12 rnoth and WILY 12 cclInl 15 J5 fo)w&" At 1.9.21 in fufyjs 31.&23 UMstff1rt funds Genera fvfid 125.561 (30.348) 95,213 Capf(J fyartS 281.600 {281.6LM)) TOTAL FUNDS 3119481 Page 13
fvIOVEMENT IN AIMOS. c¢)nth A current yp¥ 12 and w ye4r 12 cunLthI net mLxYnert in fd5. Inckthl In tt abo% arè as in lurttts 278,1138 (314446) {30,348) Catal Grants 1281.6to) {281.600) TOTAL FUNDS 311 8> In thp event ol the knehold proputy beiThJ Lthre Octotor 2024 the 9vani ceNd fr{ Sports ETr41d nting to £2.473,884 may LY VAT reco¥veJ of £513.692 moy te repable. 11 RELATED PARTY DJSCLOSURES The (ompany has taken thl&Je of extThFitw. ET fv ter1[ c4 Fman(i Rwrting StaThJard 102 Tr FknaKlal Rep)rtlThJ Standad applKab In the UK Irew. not to related p transxlbJn5 with the The uf(Imate cortrolng paty Is St Cuthbays Catholic ACadry Tfust (Regi#ered nwber.. 09023802), a CpanY ernI in Eland Wale& Its regergJ ts St Marfs Cthje, CrantYty)k Avenue, Hull, HU6 The ccryary li1j ty SUartee ththe * Iw5 Th) t4xta. The lablity of memlrs to £1 each. The trtal Nmberol moml>s at 31st Awt 2023 Ms 3 (2022. 3). In the event of the Comparhy Ixlrwj up, the unre#rKted fLmd and trAcess of income over exFendStrJre Is to be d&rftrMJted to the nMber1 but al ol the Corfyary after the sdtlemert of dets shall te trantsred Page 14