LAY COMMUNITY OF ST BENEDICT Company limited by guarantee TRUSTEES. REPORT AND UNAUDITED ACCOUNTS for the year ended 30 April 2025 Chanty registrat 11038 Company registration 4838564 Page 1 of 15
LAY COMMUNifY OF ST BENEDICT LEGALAND ADMINisfRATIVE INFORMATION Trusl•es who hèkl offr• dunw jd Hughu l•lxt•J DK 30211 tho ponod •nd•d Apnl 2025 Ann• HMk¥> le¢1 14oY 2022) corn l•l•¢d 20221 L•Jr•nc• P•8rc• Ii•vJwl ••Ntsy & tr••NMr 20241 St•pr S•W Ir•Wwd clwr NLW 2024) Sfftin {cwl•l Nov 2020 and n•ty thweaftefl Fr Chrffj Oc4)8on (elect1 2021} Davwj O'Lt4ry lelecled Nov 20231 PatrKk Cry l¢fecte(I chair Nov 20241 Charles V4Jokey 20241 Chath Ilknokey. aPd Pkni 2024. laking CNer from Laurenee Pearce Adm¥iistr Shwon Plyrtr t*ing fK¥n Peter Agius Charity number 111JA38 Company numter Prlncipal •Jdress 17 Ethurton ANwue. Bnghton. BN16EJ RegBlefed office 17 Edburtcm A¥U8. Brydhtcffl. BN16EJ Independ1 ewniner 7 Cufyy Vkst Chihiw RH20 2HU Bankws GAF Bank PO Box 289 V4W malTra ME19 4TA Page 2 of 15
LAY COMMUNITY OF ST BENEDICT Table of Contents LEGAL AND ADMINISTRATIVE INFORMATION ........ TRUSTEES REPORT INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES .................................................................. STATEMENT OF FINANCIAL ACTIVITIES ... BALANCE SHE..... NOTESTO THEACCOUNTS................. .10-15 Ctynp•rrf Nwnber 48W4, Chanty lkniber 11CKQ38 Py3of15
LAY COMMUNITY OF ST BENEDICT TRUSTEES. REPORT FOR THE YEAR ENDED 30 APRIL 2025 The trustees who are aL80 diTectys of the charity for the ol the Coryanies kt 2006 present tsii reFOrt and a¢counts for the year ondgd 30 2025. The accounts have been yepafed in Kcord8n¢e wrth tho accounting 801 oul in Note 1 to ihe afLounls and ¢omply with the charty's M8m¢yanduffl and ArtKles of As8oci8li)n, 8ppli¢oble and the requirements of Accounting and Reporting by Charit5.. Ststemenl ol Recommended Praclth app1Kats to eharrties Preparing Iheiraccounls in 8cctytsn¢e with Ihe Finar19[ Reptrn9 Standard applicab in the UKand Republi¢ of IrglandlFRS10211offecbve 1 January 20151, thechwrties SORPIFRS 1021. the Financial ReIng Standard applicabb in the UK and RepLbk of ITe1(FRS1O2), cpan kt 2(th and the Charitieg kn 2011. LCSB'• obl•cl• LCSB a Company limrted by guaranlee and was 1rOr0rated on 19 Juty 2003. 11 then appld lor was grantpd charitable status. Its charty registrab.on numtr 110C638. The principal activty of LCSB is Y)e promDt¢on (rf BènedKtl $Writslty and its values of Prayer. seThice. and hos1 in stable c£¥nrnunty. Governance The C(Munity is led. in parlnershp with a CourK31. by a ffember. ld the Leader of the ccmmunty. This role k8 to oJlL4boTale wrth the eounul and the oxnmunty in disceming the strawc direction of the LCSB, to work for the spiritual we1lbeg of all membets and the ccrfnmunity. to inspire members of the community to deeper spiirtual commthnt and to Teweserrt the cc¥nmunity to both its ffmbers and the outside wortd. The cuffeiil leader. Adam &'mon, has deir an horMYarium. and has been etsopted as a Trustee. The Trnsts•s The Trustees a the Injstees Lrf the LCSB as a dlItle txty. rerortiThJ as appmwiate to the chareS Commissmin. and also the direiors of LCSB Limited. rw¥bng to the Registrar of Compans. They are primarily concerned with kgal and relatOry cknmpliance and the submission ofthe statutory annual report and accounts. Together wth the Leader and Counol Trustees (al with employmenl and corracttBI issues, dat8 otection. ensuring adequate safeguarding. and takiig m4.or financial (lecisK)ns. Trustees genety serve for 1hr years tyJt may te re-eknd a fijrther three yea. The Council puts forward nominees for ccffi$ideraliM for vxanLxes is the Trustees. Atthe TrusteesAGM in Nova))ber2024. Laure Pearce renedaSatrUstee Jjd as secretsryand treasurer and Stephen Sell rwnejj as chair of trusiees. ve repl•zd by Charfes t(keY as secretary and treasurer and Patrick Cleary as chair of trustees. During the perxl under revw the KWCWSS ofthe Developnwl Plan eonb'nl to monrtored. In addln, thefe was a rolling rwew of p)fjcEs arml w annual ate to ts Risk Rter of pcwibbe threats lo the organisab"on. TrainirwJ in the duties and reswnsljiltss of Trustees JKI (xxnpary dire$ is an on-going prcxs. The Tnjstees are sth'sfd that the firran¢1 reser lld ty the (wganisabon aTe at an appropriate level to maintsin continuity even in the event ofa major intemJptKM to irKome StreS. and we in liie with (wr reserves policy. They do not seek to incfease furttr. No Trustee is paid for their semces as a trustee. As in PTev¢ousyearsthe Safeguarding Olfttr, EmityNMletts. ha5 the Saleguardir¥J Foliy and training requirements. As a resuK 811 officeh¢JbJers aThJ kaders have receNed forn81 safeguarding IrainirNJ. In January 2025. thé deputy Safeguarding Offw KathanI toc over the rde of Safègu¥ding officer. Achievemwts and perfornian Page 4 0115
LAY COMMUNITY OF ST BENEDICT Flnance The LCSB b fiJnd8d ty donaly)$ frNn lilber8. R•vl•w of Ilnanclol po•ltlon: the yeor CO¥efgd by tt58 nts thè LCSB has ¥un a deTrt of£21,540 la5 •aain81 a defrt of£7.1S3 wi the w8ceding period). 88 strhy•n m Ihe Slaleffent ol Financral knrbes bekyw. Expenditurfj on yrth Devekymenl Ifwx8awI 10 £24.985 {8$ •jain £19.065 m 224). During lh8 period under reVw. th8r8 have been 8 number of chanp8 in Ihg administratr49 fc48s' Lcsa continued lo emtsY an Administrator a part-tirne b881$ lor 14 hcKtrg a week, and creatod a rojg 0 Websrte Athninistralor who 7 5 hrn per week. The thinffjtrator and IAèbsrte Adminislrakrf havo pefman•nl syned ¢tGIs, and Frtyt to Adam Swmn. In addrtion, there * o role of and D1 C(thinatcrf. leling to kn &'rwi. This role is undertaken by Jerome Beards wl¥) ig b•ng on a Sec1 Iwdve- contr&a unbl the $ufflwr of 2025. New mernbers resuR from eTh4vffw frw#Js d mwnters, frrxn th¢ and from Ihe re¥hing of agg 16 01 family members. There is a [j of fcrfnknjn SUFPOrted ty a Ilwt rroy Proc ats aty1 a year to lull memtership. mathd by miNJ A Thl8e at a cernny. Largety 8$ a result of the p, the nurthr cl tknwig ts year under rem ha$ increased fr(m 214 to 222. Erquiries rxNed by the Outre¥h Tw have maintsii&Y CL15 kveLs. mainty from ts w8bsrte and thé personal contsct of membe Coun¢ll and Organlsational Fr4mvort: there is a cyc offr c¢1 M8etings. linked with ce a year Trustee rneetsngs and Team Leadets. meIrj$, thw.sed to maximtse the w of peop. time and minimise travel expenw. AN meetings in the periol under re¥w were ethér by were hybrid meebng5. parfy by Zo)m and p¥ty in pers(. Membets are erKour¥d to be in * least cla larye nwnber tw.. Chapkn"nGy. Enquiw. Fomialion and Spiritualty. Gue51 Master. Summer GathwiryJ, Easter. CcmrNntstK$ 8Th1 LitiJrgy and Must. Conynunty Outre¥h, Listen. Prq". Fun&Rksir¥J and Youth. Currently. 93 membws are inNrknd in the wcKk Ofte8ts. or c¥wncl cas trust. The Ler i8 by memters of the CcnMUity yeS and ts rrent leade¢$ thryea Igm was ren&¥ed attt Tractatus atthg2023 SumffwGatherKy and AGM ftrf a second perbl ofthree yews and wll Tun unlil summw 2. Our Missh is lo.. Nurture thg spiritual lrfe of fflembers. rcthd in prayw, the Gospd and the Rule of St Benedict Actjoyfulty gs missKwy disc4)les. wng thjl as indNidu ar communty to tlw)se in need Be a of indusK ErKourag8 yTr) ink) the •MI Chr A briefovefview of ts yea¢s acbths.. The core activty of the C(MTynunty a daty r of line Fnyff. fNe a day and supplvmeft ty r8guLqr fomTrthM rneetiros during the week, an gwwiical on Sunda eveftir. LCSB re4es.' The LCSB Adminislrats had a cif frun June 2024 and on hi5 retum to aclmty li 2025. took on a new ro as ÈbsIe Administrator. Emity k8 left herjco this year. and was r9)1 by Sharon Pw. ts r in theAiknirffjtratr rdo. A new rde was rye*d in April 2025- Head cl Comffwnicabons and tr pbhokJer Ly Jardine las of June 20251. Page S of 15
LAY COMMUNITY OF ST BENEDICT In Summer 2023 a nw upd8tsd 09nt Plan the next three years was presont8d Its Council, Trustees the AGM. Thi8was adopled and o currenty teing implettnted The Cwimunity contffiues to invest in the DisopWi¥J and DvJrtal ccthInat To, o Famil arNJ Teens pTogr#mrr. and sub5idie5 to young pwle to all them to attend our events. as well as Fwnalion for In 8thumn 2024, the Council and Trustees deuded to launch a furthw"sN)g pkqn li ordertomake the funding for this DeVek)eftt Pkn su5ts1nab 2026. The winal pL4n was exFrfted to rj our financial re8efve8 to cir¢a £60,sJYJ by 2026, ley that th8 Communty woukl have continued ID depte reseNes. The Fundrai8ing was launched 8 Fetrfuary al an EGM. was ck)sed on S Marth. In Ihal ts'm memtets pdged an extra £17.OW don.9 pr year. whth mgans that we are M trnck to achwe £60,CrfN) w year ui donai)ns ljrKludin9 GbftAidl. As a resu ofthe 2020 d 2025N>pea15for irKrease(l ie to fvnd the DevelGprMnt Plan. donations of£14,258 las agait£10.8S4 20241 betse IncomeT8x Reckimable were re¢eNed in Ihe yew under The LCSB parttupates as a memberdvhrth PibrWWhth Vds t LP in January 2022 ty Abbot Mark Memters meet regui8rty in F¢Nn. at m4orccrfnmunty ebEnts. Easler and the Summ8r Gathering, aNI al many feg¥)ftal and IcKal groups. Tt postof Disciplesh) and thgital )1. whKh was party funded by the port grant, s lunded frryn LCSB funds. current Fost-hokter. Jerom Beafts. i% comFrfetiNJ hi8 sttond year in p)51 and i% making a signfficanl tributr.on to the lrfe of the ccm))unty. Supptrg ouryoung •Jurts group and produang pjdcasls and othef digital oulputs. He B tinUing the pwts.ce ol Ledio in the cmunty by Nnning weekty sessN)ns. (rfllwn kn our YWKJ p18. In Juty W24 the laurKh8J ts second. 'St Benrf5 lthek. This 15 a medley of ta$. pcrflcasts, prayer c(Mnmunity gatr.ngs lo ratse Wae$S knul si Ben8JicY$ lrfe and teaching. Keynote speakers irlUded Dr RW IMlhaiTk%. K1 our wettytè triil8d in the mcAth of Juty, as a ¢onwuCe. At the 2024 Surnrner GatrnTra thwe w¥e 187 aitenth&. The Easter TTh3uum 2025 Ic< pLqce as usual * Cefn Lea in Norlh Wales with a re¢d number of attendees. 130 ffemtws and thwr fanlies attended n persM. The ske1 was Fr Peter Andrews. a retired priestfrom the DK¢ese of Awndeb & Br¥Jhton. LCSB Pol[eS.. Twstees revpwed the LCSB'S F01rS during the year. were updated and olhets athjed to ensure surtable ¢Thrage of 41 Mcess¥y areas. 8asSs of prgparallon ofthls rnport Thi8 rep¢yt has been ppar>I cOrdanCE with the special of Part 15 oftheCompanEs kl 20C relating to ctvnp8n. The Tr, Rewt wa5 akvrov&J by the Board of Trustees on 22 Novemtr 2025. Trustee and Director Pafitk C Print Na))e Trustee and Dir Pnnl Nwne Cc¥npany knter48. Charty Trn*[ I1638 PaJe 6 OF 15
LAY COMMUNITY OF ST BENEDICT INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report on the accounts of the Lay Community of Sl Benedict ILCSBI for the year onded 30 April 2025. which are set out bek)w. RespM•lbllhto8 and bag1$ of r•fvN)rt A8 tho Twstses of the LCSB land glso its directors for the purpx)se3 of c1panY L¥wl you ar8 resF¢Jn&È4e for the prepax8tion of the accounts in xcordaitt wrth the requirements of the Cornp8nies Act 20LX I'the 20C Hwiny sali8f myse¥ thatlhe a¢counts CO th? LCSB aro not required to be audited under Part 16 of the 20Ce Act 8nd a eligib for intyendenl examination, I repyl in respect of my examination of your charity'a awunts as carried rytl under se¢tKJn 145 of the CharItS Act 2011 I'lhe 2011 Act'l. In carying out my examinatKin I have foljtrwed the Directions given by the Charity Comrnission under section 145 (5) Ib) of the 2011 Act. Ind•p•ndent •xaminerfs statemert I have completed my examination. I confim that no matters have come lo my attentKin in Gonnection with th¢ examinatton givirvJ me use to believe." 1. AcGounling re&)rds wern not kept in iespe¢t of the LCSB as requirgj by section 386 of the 20C6 Art or 2. Tho Ounts (k& not third with those records, or 3. The accounts do not comply wth the accounb.ng requiremèftts of section 396 of the 2006 Act other than any requirernenl that the accounts give a true and fair vi4 which is not a matter conSered as part of an independent examinab'on, or 4. The havo not been prepar&J in accordance yth the method$ and prinUpS of the Stslemenl ol Recommended Practice for accounting and rewrting by charitiès applicable to charities pwaring their 8ccounts in wrdancewith the Finanrial Rekxjrting Standard appIable in the U.Kgnd republic of Ireland FRS 1021. I have no concems and have com across no other matters in Conn&tn the examinion to whh attention shoujd be drawn in thi5 report in <wderto a proper underslandirKJ oflhe8ccounts to be reached. Dd.. 22 November2025 Signeti.. A Radbrd. Chartered Accountant 7 Curbey Ck)se Wesl Chiltington RH20 2HU Compary Number4838W, Charity NumLw 11CKE38 Page 7 of 15
LAY COMMUNITY OF ST BENEDICT STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENOED 30 APRIL 2025 Not Ggnernl Re8trlct fund• lunds Totsl 2024 Totsl 2025 INCOME FROM.. Donations lalll General Fund Lknnattons lalll DeveloprnentAppeal L>)nalions (Youth Development lund) Donations (Good IAtrks fund) Fundraising AclNttie$ GiftAid refvnd {GeneraInevelopn1j GrftAid refund {Youth Dev ftjndl Grft refund (Gocrtj Wotk5 fund) Gross ineome from all events Investrnent income 20,551 10,854 1,994 18,893 14,256 18,893 14.258 2.244 180 44 6,782 2.244 180 185 5,731 436 45 40,151 2,559 82.686 6,782 45 45 43,360 2.373 88.660 43.360 2,373 8S.710 2,950 Totsl EXPENDrruRE ON". Chafltsble a¢tivitie¥ Direct Charitable 8cbvth TOTAL: 89,839 IT.1531 85,215 85,215 24,985 24,985 110,200 110.200 (21.540) NET INCOME 495 122.0351 IT,1531 Transler btheen funds 122.2601 NET MOVEMENT IN FUNDS FOR THE YEAR {21.7651 225 121.540) 17,1531 97,845 RECONCILIATION OF FUNDS: OFening fund b8lan¢es CLOSING BALANCES 87.139 3,553 90,692 90,692 65,374 3,T18 69.152 Compary NumÈer4838564. Chwty Number 110C638 Page 8 of 15
LAY COMMUNITY OF ST BENEDICT 8ALANCE SHEET AS AT 30 APRIL 2025 .04.25 30.04.24 Curr•nt awts 11 12,744 85,726 98.470 Cash al bank and in hand 92,439 99.903 Credltorn: amounts due wlthin year 12 (29,3181 19,211) Current Net a8 69.152 9),692 Totsl assets l•gs curnnt Ilabltitles 69.152 .692 30.04.25 30.04.24 Funds Unrnstrictsd lunds General fvnd Restrkted funds Youth Deveknpmenl knd Gc4)d V4Jks fund 13 65.374 87.139 3,551 90,692 3.778 69,152 The company rs entikdto exeWfv)n frcffl thealrfrtwuwen1contrlJ in seCtiC477 ofthe Cunpané Act20C6, fcrf the yeat ended 30 April 2025 The directors acknowkdge their few5ibilrfies fc¥ with the rtyuremgnts d the CCnpIeS Acl 20C6 with respert to xcounl'ng rectyts the prepwalpji daccovnls. Tho ManrS have not requwgj the c(NTWry k) an 8LKlit d ts accnts for year in questtr in accxxdance with 476. These xcounts have been prepar&J Trth the krnK¥Js 4)plate to 0)np• to the small eompans regvne. The QUtS wwe approved by fv Bcwd clTnthes 22 2025 Truse and Dittttc Patrid( C Trustee and Directt Pe90115
LAY COMMUNITY OF ST BENEDICT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2025 Icornp8r8tive$ are lor the 12 MI• ended 30 ApTiI 20241 Accountlng poll¢l•s Ba818 ol prnparallon The aCcnIS have been prepared in aoxidance wrth the charity s MemoraTrJum and A)15 of Association. the Compan$ Act 20C6 and 'Accounling and Reporting by Charitses.. Stslemenl of Recommended PW1 applicable to chities preparing their &count$ in accordance with tho Financial Rep)rting Standard applb in the UK ard Reputlic of Ireland IFRS 1021 leffe¢tNe 1 January 20191. The charity is a Publ Benefit Entty as defined by FRS 102. The tharity has takgn advantsge ofthe provtsions in the SORP foT chittes apF4ying FRS 102 Update Bulletin 1 not to prepare a Statement ofcash FiNs. At the lime of apprwrrfJ the cOUnts the trustees have 8 reas¢mab expectation that the charity has adequate resources lo coTrth'nue in operational exBlence for the foreseeable futurè. Therefore Ihe Iruslees continue lo adopt the'going nCem, t)asis of accounting in preparing these accounts. Income Donations and similar incoming resources 8re IndUd in the period in which they are raceived. Expend5ture EXnditure is irKluded %knen incurred. Charitable expenditure comprises those Costs Inrred by the chanty in the dellvery of its Nirties. Support costs include office nJnnin9 costs as well a8 Staff Costs. Tlw also in¢lud8 Ihg goveTnancè costs assmted with meeting the conslitulion418nd statutory qUireMentS ofthe charity. Tanglbh futed ass•ts Only assets costing more than £250 are capitsli8ed. Taxatk>n The charity is exempl from thporatron Tax on ts chaiitabje a¢tivilies. Fund a¢countlng Unrèstricted Funds can be us&J for any tharitsble objectives al the discretion ofthe Trustees. Restricted Funds e£n onty be used for particular restricted purFoses within the objects of the charity. Restrtrons arise when spe¢ified by the donor or when funds a raised f(Y particular purposes. Ccfflpany NUMr4838S64, Charity Numf*r 11thI38 Page100115
LAY coMMuf44lTY OF ST BENEDICT 2024 c>oiiatlon• •urnm•ry 2025 18.893 20.551 G•n•r•• Fund 14.258 10.854 c>•v•loprn•nt Fund 2.244 1.994 Youtt• C>•v•lopm•n¢ F4•n 180 180 ¢3ood Work• ProJ•ce Fund 36.67 33.67• Total Youth D•v••opm•nt Fund Fund a•t up In 2005/6 to aupport work for young p•opl•. 2b Good Work• fund Fund s•t up In 200516 to support sp•clfl¢ 'Good Work•. In accordane• wlth th• objects of LCSB (wlth •p•cial focus on aupport for the alck. and for works of •ducatlon and tr•lnlng>. Inv••tm•nt Incom• Invebtrnent Incomo Gon8lst• of Bank tntera•t •mounting to £2.373 {•• •g•ln•t £2.559 In 202314). As a result of the Incroa8aO deficlt for the year. the sum of £S0.000 whl¢h w•s on depo•lt •t th• en¢J of 2023/2024. 18 now. at the end of 2024r2025. tho um of £35.000. Incomlng re•ource* froni charlt•b•• act•t10• Durlng the year under review the Easter celebrations were agaln conductod physlcally at Cafn Lea. Income from the event was £2 1 . 122 (as agalnst £1 7.430 for Easter 2024). During the year under review the Income from all othar events was £22.238 (as •galn8t £22.72 1 in the periocl endecl 30 Aprll 2024). Page 11 of 15
LAY COMMUNITY OF ST 8ENEDICT Actlvltb•• Co•ts •nd Support Not• Dlr•¢t ¢osts Support co•1• Tol• Payments for 8ervices trom employees OffKe, Website, Govem8nc8 Costs Gross ol all events 29,738 29,73B 7,685 7,685 47,792 47,793 24.985 Youth wo 10 24,985 72,777 37.423 110.200 Net Income Nel in¢gme is ststed after charging 2025 2024 Independent examinets fees 57 57 Trusteos Remuneration and bènefits NGe ol the Trustees l Directots of LCSB land no person connected with any ol them) recaved ary remunerats.on from LCSB during the year. Travel and meeting expenses are induded in Govemanee Costs. some Qfwhh have been reimbursed by LCSB lo Trustees and Council rnembers. Payrnents for seNlces and honordria and youth dovelopm•nt project wo P8ymentsforservices represent salary payments under permanenl¢ontracts forlhe part-lime SeeS ol an Administrator, 8ookingslFinance Admini$tr8tor and a Communications Officer. plus one sixth of the personnel ¢))sts ofa Di8¢pShIp and DNJtsl crdinatOr. No honorarium payrnents lo the Leaderwere rnode during the perKId. Ccfflpany Number4838564. Chanty Numter 11CMA39 Page 12 of 15
LAY COMMUNITY OF ST BENEDICT E••tsr and forni•tlon TM••k•nd• And rnl•t•d •w•• During the year under re the pL4nned cel•bon ol E8sler 225 agwn tCK>k F4ace'phyHy, 01 Celn L&. Totol costs £23.0221£21,233 NI 20241 beftye Wbd The defv'l fL¥ ev¢nl w88 £1,gJ)01£3,833 in 2024). During the year urrtler TeVV fv costs crf dher aTrJ related expenses pahl lffjm the Gemrnl Fund were £24,770 land in ended 2024 were £22.4231. 10 Youth WO from LCSB fun Alotsl of £24.985 v4S SWtthnThJ the yew (El9.5 n 20241. main heading of expendrfureTKaS as folkws: DieshiP and DpJtsl cOtyN- of sakry cc6ts £14.141 Youth & Fami$ Cwdinal £8.104 £13.801 in 2023r24 11 The CbknS as al the 88lance She8t d are made up as loxs.. 2025 Gift Ald Tu hllof Grnal FLrt15 6.782 5,731 436 G(*)I Vth)ths Furvj 45 45 Other 5.436 1.252 Totsl 11744 Page 13 of 15
LAY COMMUNITh OF ST BENEDICT 12 Credllorn The creditor5 8$ al the BaLqnce Stttt date 8 madg up as folkrfts. 2025 2024 Easter 21r24 costs 22.228 Other 8,403 Totsl 29.318 9.211 13. Ilovements of Funds Openlng Balan¢• Incom• Expenditure Trnnsfers Closln Bolanc 01.0524 3P.04.2 General Fund 87.139 85,710 185,2151 122,2601 65,37 Restricted Funds Yovth Devekynerrt Fund- LCSB Works Fund 2.725 {24,9851 22.260 3.$53 225 3.553 124.985} Totsl Fund6 1110.2CKJI 69,15 Youth DeveloOnt Fun& Other FuTrJ set up in 21X15fi to supportwth tsycthg Good Works fund Fund set up in 200Y6 to SUPKyI Vtrfks. in nce wth the o'ects of LCSB (with speaal fCS on for the SK*. arKI ftth$ cl edLKaiKffl and trainmg). P140f15
IAY COMMUNIry OF ST BENEDICT 14. Anatysis of Net As68ts betn FundB D*kn CashatBth( Creditors Tolal Gw)er4 Fund 12.699 81.933 129.3181 65.374 12.699 81.993 129,3181 65.374 Resblct¢d Funds Ycmrth Deve1cVnw Fwd- LCS8 GxI Vknks Fund 3.733 3.778 3.733 8&726 129.3181 69,152 3,778 11744 Page 15 of 15