Charity Registration No. 1096422 LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS LEGAL AND ADMINISTRATIVE INFORMATION Trustees: J Carroll E Hardaker C Rowland J H Belcham J Comyn-platt P Metcalfe J S Lawson D J Corcoran (resigned on 08106120241 G J Mcmahon Charity Number: 1096422 Independent Examiner: Mitchell Charlesworth (Audit) Limited 3rd Floor 44 Peter Street Manchester M2 5GP Bankers: National Westminster Bank PLC 10 Yorkshire Street Oldham OLI IQT Sollcitors: Butcher and Barlow Bank Street Bury Lanca5hire BL9 ODL
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS CONTENTS Page Trustees, Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8-15
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their report and financial statements for the year ended 31 March 2024. The accounts have been prepared in accordance with the accounting policies set out in note I to the accounts and comply with the Charity's governing document, the Charities Art 2011 and "Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" las amended for accounting periods commencing from l January 20161. Publi¢ Beneflt In the opinion of the trustees the activities of the Charity are clearly for public benefit, as evidenced by the objectives and activities noted below. Charitable actlvltles The Charity plants memorial trees in memory of people and/or events in woodland locations throughout the UK. The Charity has 54 managed memorial forests throughout the UK which provide beautiful outdoor community Spaces. Since its inception the Charity has donated over £1.6 Million to health-related organisations, assisted with the concept. design and installation of 15 permanent community memorials and worked with many Schools and Communlty Groups in conservation. protertion, and environmental improvement activities. Charitable objertives al To relieve the mental. physical, and spiritual distress of people suffering from bereavement or loss, particularly through the provision of memorial forests and gardens in memory of their loved ones. bl To promote the conservation, protection, and improvement of the physical and natural environment by the creation of such forests and gardens. cl The relief of Sickness and suffering internationally by the provision of grants andlor equipment to other charities, hospitals, and hospices. In meeting these objectives, Life for a Life provides.. A place to remember and scatter the ashes if required of a loved one. Woodlands for all to enjoy. Environmental and community engagement programme5. Donations to support local and national health related organisations. Conservation, protection, and environmental improvement activities. Marketing We are continuing to develop the website to improve the user experience. We communicate key messaging and our charitable activities to our supporters by regularly posting on our social media pages, across different channels. To promote our memorial planting services and reach our target audience, where possible. we supply local register offices and funeral directors with printed materia15 to distribute on our behalf. The Charity has hosted and supported a range of events alongside our partners and communitie5.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 Heafth and safety Health and Safety remains a key focus operationally and strategically to ensure all stakeholders are protected. Risk assessments and policies are reviewed and updated regularly to keep abreast of new regulations and advice given from appropriate sources. The trustees have assessed the major site risks to which the Charity is exposed and are satisfied that the systems are in place to mitigate exposure to the major risks at each site. Planting sites One of the main attractions of the Charity is undoubtedly the environmental impact that our planting sites provide. We are pleased with the progress of several planting sites, which have become operative over recent years. Donations and gift in kind donations It is an established custom and prattice for the Charity to enquire of beneficiaries where and how monitory donations are spent. This ensures that the distribution of donated funds made by the Charity is apparent and fits with the aims and objectives indicated in the Charity's Trust Deed. This also gives rise to the Charity being able to publicise by way of social media where the charitable funds raised by the Charity are put back into the community and at the same time clearly indicates the contributions made within the community by the donors of Life f or a Life Memorial Forests and Gardens. Dlrect monetary donations 2024 2023 After Matters Blossom Manchester Oldham Mayor's Appeal Fund Manchester Cathedral Children's Burns Foundation Royal British Legion, Manchester Doing It For Dylan Freewheelers Blood Bikes Charity Medequip4kids Manchester NHS Foundation Trust- JustGiving The Land Trust- Chester Laudato Si Centre, Wardley Oldham Mountain Rescue Mero's World Foundation Broughton House 500 1,200 1.160 1.000 250 1,085 500 500 500 610 1,500 60 11,766 250 500 475 1,385 12,001
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Direct monetsry donations Salford Diocese- JLtstGiving Willow Wood Hospice Oldham Community Paediatrlc Bolton H05pice Brian House Children's Hospice Bury Hospice Chadderton FC Countess of Chester Friends Derian House Children's Hospice Jigsaw Bury Northern Lily Northern Roots Oldharn Liaison Pendleside Hospice Sholver St Catherine's Hospice St john's Hospice St joseph's H05Plte The ABF Trinity Hospice Back on Track 50 2,000 974 io 100 1,000 500 150 370 1,000 1.000 1.000 2NOO 1,000 1.000 50 29.233 23,655 Gift in kind donations (see note 61: Dr Kershaw's Hospice Grounds Maintenance Sholver maintenance Laudato Si C@ntrÈ TCV Merseyside Friends of T3ndle Hill Mersey Forest Community Pollinator Patches Lancaster- Meadow Mowing Hermitsge Field Community Meadows MAHDLO Northern Lily, Oldham Tabaris Highlander5 1939 City of Trees United Utilities Community Group- Agnes Robinson Pocket Park FinNood and District Residents Association Northern Roots Milk Bank at Countess of Chester Hospital RHS Bridgwater and Salford Community Salford Healthy Communities Chaddy Park FC Friends of Marshall Gardens Warrington 4.140 9,240 280 1,257 1,780 1,500 3,755 180 840 1,680 930 420 190 540 285 570 1,040 900 560 630 880 1,260 360 1,070 1,050 1,250 28,387 10,320 Total 57,620 33,975 TRUSTEES, REPORT
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS FOR THE YEAR ENDED 31 MARCH 2024 Biodlversity policy It is the policy of the Charity to continually improve the way we manage our sites. Whilst trees offer many positive environmental benefits including carbon capture and secretion, the Charity acknowledges management techniques must balance numerous objectives one of which is to improve biodiversity. This is illustrated in current management practice by a reduction in grass cutting regimes across sites to encouraged proliferation of ground flora, creation of deadwood habitats (dead hedges and brash piles), hedge planting and management of wildflower meadows. Human resources Our staff remain a major asset to the Charity and we continue to focus on staff retention and development. Chairfs annual statement The Board of Trustees have acted in accordance with their duties and responsibilities to govern and further the objectives of the Charity. The Trustees continue to att as Ambassadors for the charity, promoting the work to a wider audience of partners and stakeholders, adding credibility and stability to the long-term future aspirations and expansion of the Charity. Trustee and Strategy Meetings have continued throughout the year and proved to be of considerable value in the day- to-day operations of the Charity and the strategic focus where investment in IT infrastructure and land negotiations have taken priority. Our partnerships remain solid, and we are confident that negotiations around additional planting Sites will be fruitfu I during the next financial year. The Trustees, focus on financial stability has ensured the Charity is in a strong Posltion now and for the future. The Chair, together with the Board of Trustees is satisfied with the operations and strategic direction of the Charity and remains content with the progress which has been made during the year. Financial review A summary of the year's results can be found on page 7 ofthe accounts. Durin8 the year total incoming resource5 were £425.566 compared to £405,843 in the previous year. Total resources expended in the year were £422,718 compared to £396,047 in the previous year. Strurturei governance and management The Charity is a registered trust and is governed by a declaration of trust dated 20 February 2003 and a further declaration dated 27 October 2003. It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months, expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity's current activities while consideration is given to ways in which additional funds may be raised. The trustees have assessed the major risks to which the Charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. TRUSTEES, REPORT
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS FOR THE YEAR ENDED 31 MARCH 2024 The trustees who served during the year and up to the date of signature of the financial statements were: J Carroll E Hardaker C Rowland J H Belcham J Comyn-Platt P Mettalfe J S Lawson D J Corcoran {resigned on 08106120241 G J Mcmahon The trustees are responsible for the appointment of new trustees. New trustees will only be appointed after due consideration is given to eligibility, personal competence, and specialist skills. New trustees when appointed are inducted into the working Charity by the existing trustees. Health and Safety - Remains a key focus operationally and strategically to ensure all stakeholders are protected. Risk assessment5 and policies are reviewed and updated regularly to keep abreast of new regulations and advice given from appropriate sources. The Trustees, Report was approved by the Board of Trustees by.. ÉL*- P Met¢alfe Trustee Date: 2710812024
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS FOR THE YEAR ENDED 31 MARCH 2024 I report to the charity trustees on my examination of the financial statements of Life for a Life Memorial Forests and Gardens (the Charity) for the year ended 31 March 2024 which are set out on pages 7 to 17. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2022 (the Act). I report in respect of my examination of the charity's financial statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examiner'5 Statement Since the Charity's gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales IICAEWI, which is one of the listed bodies. I have completed my examination. I confirm that no 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 charity as required by section 130 of the Act; or the financial statements do not accord with those records. or the financi31 statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 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 order to enable a proper understanding of the financial statements to be reached. Alison Buckley FCA Independent Examiner Mitchell Charlesworth (Audit) Limited 3rd Floor, 44 Peter Street Manchester M2 5GP Date: 2810812024
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Funds 2024 Restricted Funds 2024 Unrestricted Funds 2023 Restricted Funds 2023 Total 2024 Total 2023 Notes Income from". Donations and legacie5 Rental income Investments Miscellaneous income 410,945 10,978 781 24 410,945 10,978 781 24 395,250 10,423 395,250 10.423 170 170 Total income 422.728 422.728 405,843 405,843 Expenditure on: Raising funds Charitable activities 422,386 422,386 395,510 395,510 Other li 332 332 537 537 Total resources expended 422,718 422,718 396,047 396,047 Net gains11105ses) on investments 2,838 2,838 Net movement In funds 2,848 2,848 9.796 9,796 Fund balances at l April 2023 258,471 3,855 262,326 248,675 3.855 252,530 Fund balance5 at 31 March 2024 261,319 3,855 265,174 258,471 3,855 262,326 The statement of financial activities includes all gains and losses recoEnised in the year. All income and expenditure derive from continuing activitie5. The notes on pages 9 to 17 form part of these financial statements.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS BALANCE SHEET AS A T31 MARCH 2024 2024 2023 Notes Fixed assets Tangible assets Investments 12 13 16,330 102,376 23,018 118,706 23.018 Current assets Debtors Cash at bank and in hand 14 162,558 260,607 162,558 116,0901 260,607 120,6571 Creditors- Amounts falling due within one year 16 Net current assets 146,468 239,950 Total assets less current liabilities 265,174 262,968 Creditors: amounts fallin8 due after more than one year 17 1642} Net assets 265.174 262,326 Income funds Restricted funds Unrestrirted funds 19 3,855 261.319 3,855 258,471 265,174 262,326 The notes on pages 9 to 17 form part of these financial statements. The Pinancial statements were approved by the Trustees on 27 August 2024 and signed on their behalf by.. P Metcalfe Trustee
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Charity information Life for a Life Memorial Forests and Gardens is a registered charity INO. 10964221. Its registered office is The Woodland Suite, Chadderton Court, 451 Middleton Road, Chadderton, OL9 9LB. Accounting convention The financial statements have been prepared in accordance with the Charity's governing document, the Charities Act 2022 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191" The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling. which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. Going concern At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resource5 to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Restricted funds are subject to Specific conditions by donors as to how they may be used. The purp05e5 and use5 of the restricted funds are set out in the notes to the financial statements. Incoming resources Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recogni5ed on receipt. Other donation5 are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant are recognised at the time of the donation.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Resources expended Income and expenses are included in the financial statements as they become receivable or due. Expenses include VAT where applicable as the Charity cannot reclaim it. Expenditure is included on an accruals basis. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment1055es. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following base5: Plant and machinery 20% reducing balance Fixtures. fittings and equipment 20% reducing balance Motor vehicles 20% straight line Investments Investments are recogni5ed initially at fair value which is normally the transaction price excluding transaction Costs. Subsequently, they are measured at fair value with changes recognised in 'net gains / Ilossesl on investments, in the SOFA if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment. Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, and other short-term liquid investments with original maturities of three months or less. Basic financial a55et5 Basic financial assets, which include debtor5 and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transartion. where the transaction is measured at the present value of the future receipt5 discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for good5 or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost Using the effective interest method.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Derecognitlon of financial liabilitie5 Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or cancelled. Leases Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risk5 and rewards of ownership to the lessee. All other leases are classified as operating lea5e5. Assets held under finance leases are recognised as assets at the lower of the asset's fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as tonsisting of tapital and interest elements. The interest is charged to net income/lexpenditurel for the year so as to produce a constant periodic rate of interest on the remaining balance of the liability. Rentals payable under operating lease5, including any lease incentives received, are charged as an expense on a straight line basis over the term of the relevant lease. Critlcal accounting estimates and judgements In the application of the Charity's accounting policies. the trustees are required to make judgements, estimates and a55umptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future period5. Donations and legacles recelved 2024 2023 Donations and gifts Grants received Gift aid reclaimed 410,015 930 394.961 289 410.945 395,250 Grants receivable for core activities Government grants 930
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Rentsl income received Unrestrlrted Unrestricted Funds Funds 2024 2023 Rental income from sublet of property Interest receivable 10,394 584 10,394 29 10,978 10,423 Raising funds Unrestricted Unrestricted Funds Funds 2024 2023 Fundraising and publicity Stagin8 fundraising events Charitable activities Memorial trees and Gift in kind gardens donations Totsl 2024 Staff costs Depreciation and impairment Rent. rates. gas and electricity Insurance Printing, postage and stationery Telephone and computer Motor and travel Cleaning Trees and memorials Bank charges Donations (see note 71 Repairs and renewals Training Sundry expenses 167,593 6,688 30,018 7,598 15,381 8,775 16,474 394 68,395 3,437 29,233 22,815 5.216 147 28,387 195,980 6,688 30,018 7,598 15,381 8,775 16,474 394 68,395 3,437 29,233 22,815 5,216 147 382,164 11,835 28,387 410,551 11,835 Share of governance costs (see note 81 393,999 28,387 422,386
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Charitable activlties Memorial trees and Gift in kind gardens donations Total 2023 Staff costs Depreciation and impairment Rent, rates, gas and electricity Insurance Printing, postage and stationery Telephone and computer Motor and travel Cleaning Trees and memorials Bank charges Donations (see note 71 Repairs and renewals Training Sundry expenses 147,990 6,688 30.647 7,026 15,792 8,964 18.184 440 82.954 3.198 23.655 21.902 4,049 577 10,320 158,310 6,688 30,647 7,026 15,792 8,964 18,184 440 82,954 3,198 23,655 21,902 4,049 577 372,066 13.124 10,320 382,386 13,124 Share of governance costs (see note 81 385,190 10,320 395,510 Donations paid 2024 2023 Donations Gift in kind donations 29,233 28,387 23,655 10,320 57,620 33,975 A full breakdown of the donations paid and gifts in kind are provided on page 3 of these financial Statements.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Support costs Support Governance Costs Costs Basis of Allocation 2024 2023 Accountancy fees Legal and professional 6,903 4,932 6,903 4,932 4,936 Governance 8,188 Governance 11,835 11,835 13.124 Analysed between charitable activities 11,835 11,835 13,124 Governance costs includes independent examination fees of £2,97012023'. £2.7601. There have been no support Costs for the past two years. Trustees None of the Trustees, or any persons connected with them, received any remuneration or benefits from the Charity during the year. io. Employees 2024 No. 2023 No. Average monthly number of employees during the year 2024 2023 Employment costs Wages and salaries 195,980 158.310 ii. Other costs 2024 2023 Flnancing t05tS 332 537 332 537 141 Page
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 12. Tangible fixed assets Fixtures, Plant and Fittings and Machinery Equipment Motor Vehlcles Total Cost At l April 2023 Additions 57,216 5,988 22,188 85.392 At 31 March 2024 57,216 5,988 22,188 85.392 Depreciation and impairment At l April 2023 Depreciation charged in the year 37,214 5.700 2,972 988 22,188 62,374 6.688 At 31 March 2024 42,914 3,960 22,188 69,062 Carrying amount At 31 March 2024 14,302 2.028 16,330 At 31 March 2023 20,002 3,016 23,018 13. Fixed asset investments 2024 2023 Movement in market value Acquisition at cost Net gain on revaluations in the year 99.538 2,838 Market value at the year-end 102,376 Historical cost at the year-end 99,538 14. Debtors 2024 2023 Arnounts falling due within one year: Prepayments and accrued income
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 15. Finance lease commitments 2024 2023 Future minimum lease payments due under finance leases: Within one year Within two to five years 849 1,987 642 849 2,629 The finance lease relates to a motor vehicle and a mower included in fixed assets. The liabilities are secured on the assets to which they relate. 16. Creditors: amounts falling due within one year 2024 2023 Obligations under finance leases (note 151 Other taxation and social security Trade creditor5 Other creditors Accruals and deferred income 849 3,696 7,304 1,271 2,970 1,987 3.244 11.641 1.485 2.300 16,090 20,657 17. Creditors: amounts falling due after morethan one year 2024 2023 Obligations under finance leases (note 151 642 The obli8ations under finance leases are secured on the assets to which they relate. 18. Retirement benefit schemes The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charity in an independently administered fund.
LIFE FOR A LIFE MEMORIAL FORESTS AND GARDENS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 19. Restricted funds The income funds of the Charity include restricted funds comprising the following unexpended b31ances of donations and grants held on trust for specific purposes: Movement in funds Movement in funds Balance at 31 March 2024 Balance at l April 2022 Incoming Balance at Resources l April 2023 Incoming Resources Chopin Memorial Maintenance Rotary Partington 116 2,440 1.299 116 2,440 1,299 116 2,440 1,299 3,855 3,855 3,855 The Chopin Memorial Maintenance Fund is restricted for the maintenance of the Chopin statue. The funds remaininE are to be used for cleaning the statue. The Rotary Fund is a restricted fund for the future maintenance of the Rotary Wheel within Tandie Hill Country Park where we have our planting site. The Partington Fund is for tree work and fence installation and fruit tree planting. 20. Analysis of net a55et5 between funds Unrestricted Funds Restricted 2024 Funds 2024 Unrestricted Funds Restricted 2023 Funds 2023 Total 2024 Total 2023 Fund balances are represented by Tangible assets Investments Current assetsllliabilitiesl Long term liabilities 16,330 102,376 142,613 16,330 102,376 146,468 23,018 23,018 3.855 236,095 16421 3,855 239,950 16421 261,319 3,855 265,174 258,471 3.855 262,326