LAY COMMUNITY OF ST BENEDICT Company limited by guarantee TRUSTEES. REPORT AND UNAUDITED ACCOUNTS for the year ended 30 April 2025 Chanty registrat￿ 110￿38 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•Ww￿d clwr NLW 2024) Sfftin {cwl•l Nov 2020 and ￿n￿•ty thweaftefl Fr Chrffj Oc4)8on (elect￿1 ￿ 2021} Davwj O'Lt4ry lelecled Nov 20231 PatrKk C￿ry l¢fecte(I chair Nov 20241 Charles V4*Jokey 20241 Chath Ilknokey. aP￿￿d 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 Independ￿1 ewniner 7 Cufyy Vkst Chihiw RH20 2HU Bankws GAF Bank PO Box 289 V4W mal￿Tra 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 Charit￿5.. Ststemenl ol Recommended Praclth app1Kats￿ to eharrties Preparing Iheiraccounls in 8cctytsn¢e with Ihe Finar￿19[ Rep￿trn9 Standard applicab* in the UKand Republi¢ of IrglandlFRS10211offecbve 1 January 20151, thechwrties SORPIFRS 1021. the Financial Re￿Ing Standard applicabb in the UK and RepLbk of ITe1￿(FRS1O2), c￿pan￿ kt 2(th and the Charitieg kn 2011. LCSB'• obl•cl• LCSB a Company limrted by guaranlee and was 1r￿Or￿0rated on 19 Juty 2003. 11 then appl*d lor was grantpd charitable status. Its charty registrab.on numt*r ￿ 110C638. The principal activty of LCSB is Y)e promDt¢on (rf BènedKtl￿ $Writs￿lty and its values of Prayer. seThice. and hos￿￿1￿ in stable c£¥nrnunty. Governance The C(￿Munity is led. in parlnershp with a CourK31. by a ffember. ￿l￿d the Leader of the ccmmunty. This role k8 to oJlL4boTale wrth the eounul and the oxnmunty in disceming the strawc direction of the LCSB, to work for the spiritual we1lbe￿g of all membets and the ccrfnmunity. to inspire members of the community to deeper spiirtual commthnt and to Teweserrt the cc¥nmunity to both its ff*mbers and the outside wortd. The cuffeiil leader. Adam &'mon, has de￿ir￿ an horMYarium. and has been etsopted as a Trustee. The Trnsts•s The Trustees a￿ the Injstees Lrf the LCSB as a d￿lIt￿le tx*ty. rerortiThJ as appmwiate to the char￿eS Commissmin. and also the direi*ors of LCSB Limited. rw¥bng to the Registrar of Compan*s. They are primarily concerned with kgal and re￿latOry cknmpliance and the submission ofthe statutory annual report and accounts. Together wth the Leader and Counol Trustees (*al with employmenl and cor*racttBI issues, dat8 otection. ensuring adequate safeguarding. and takiig m4.or financial (lecisK)ns. Trustees gene￿ty serve for 1hr￿ years tyJt may te re-eknd ￿ a fijrther three yea￿. The Council puts forward nominees for ccffi$ideraliM for vxanLxes is the Trustees. Atthe TrusteesAGM in Nova))ber2024. Laure￿ Pearce re￿nedaSatrUstee Jjd as secretsryand treasurer and Stephen Se￿ll 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 per*xl under revw the KWCWSS ofthe Developnwl Plan eonb'n￿l to ￿ monrtored. In addl￿n, thefe was a rolling rwew of p)fjcEs arml w annual ￿￿ate to ts Risk R￿￿ter of pcwibbe threats lo the organisab"on. TrainirwJ in the duties and reswnsljiltss of Trustees JKI (xxnpary dire￿￿$ is an on-going prc*xs. The Tnjstees are sth'sf*d that the firran¢1￿ reser￿ l*ld ty the (wganisabon aTe at an appropriate level to maintsin continuity even in the event ofa major intemJptKM to irKome Stre￿S. and we in liie with (wr reserves policy. They do not seek to incfease furtt*r. 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 donal*y)$ frNn li￿lber8. R•vl•w of Ilnanclol po•ltlon: ￿ the yeor CO¥efgd by tt￿58 ￿nts thè LCSB has ¥un a deT￿rt of£21,540 la5 •aain81 a def￿rt of£7.1S3 wi the w8ceding period). 88 strhy•n m Ihe Slaleffent ol Financral knrbes bekyw. Expenditurfj on y￿rth Devekymenl Ifwx8awI 10 £24.985 {8$ •jain￿ £19.065 m 2￿24). During lh8 period under reV￿w. th8r8 have been 8 number of chanp8 in Ihg administratr49 fc48s' Lcsa continued lo em￿tsY an Administrator ￿ a part-tirne b881$ lor 14 hcKtrg a week, and creatod a rojg 0 Websrte Athninistralor who 7 5 h￿rn per week. The thinffjtrator and IAèbsrte Adminislrakrf havo pefman•nl syned ¢￿t￿GIs, and ￿Frtyt to Adam Swmn. In addrtion, there * o role of and D*1 C(thinatcrf. le￿ling to kn &'rwi. This role is undertaken by Jerome Beards wl¥) ig b•ng on a Sec￿￿1 Iwdve-￿ contr&a unbl the $ufflw*r of 2025. New mernbers resuR from eTh4vffw frw#Js d mwnters, frrxn th¢ and from Ihe re¥hing of agg 16 01 family members. There is a [￿￿￿j of fcrfnknjn SUFPOrted ty a Ilwt rroy Proc￿ ats at￿y1 a year to lull memtership. mathd by m*iNJ A ￿Th￿l8e at a cern￿ny. Largety 8$ a result of the p￿, the nurthr cl tknwig ts year under rem￿ ha$ increased fr(m 214 to 222. Erquiries r*xNed by the Outre¥h Tw have maintsii&Y CL￿15￿ kveLs. mainty from ts w8bsrte and thé personal contsct of membe Coun¢ll and Organlsational Fr4mv*ort: there is a cyc* off￿r c￿￿¢￿1 M8etings. linked with ￿ce a year Trustee rneetsngs and Team Leadets. me￿Ir￿j$, thw.sed to maximtse the w of peop￿. time and minimise travel expenw. AN meetings in the periol under re¥w were ethér by were hybrid meebng5. parfy by Zo)m and p¥ty in pers(￿. Membets are erKour¥d to be in * least cla larye nwnber ￿ tw￿.. Chapkn"nGy. Enquiw. Fomialion and Spiritualty. Gue51 Master. Summer GathwiryJ, Easter. CcmrNntstK￿$ 8Th1 LitiJrgy and Must. Conynunty Outre¥h, Listen. Prq"*. Fun&Rksir¥J and Youth. Currently. 93 membws are inNrknd in the wcKk Ofte8￿ts. or c¥wncl c*as trust￿. The Le*r i8 by memters of the Cc*nMUi￿ty ye￿S and ts ￿rrent leade¢$ thr*yea 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 missK*wy disc4)les. wng thjl as indNidu* ar￿ communty to tlw)se in need Be a of indusK ErKourag8 y￿Tr) 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 0￿9￿￿nt Plan the next three years was presont8d Its Council, Trustees the AGM. Thi8was adopled and o currenty teing implett￿nted 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 fur*thw"sN)g pkqn li ordertomake the funding for this DeVek)￿eftt Pkn su5ts1nab￿ 2026. The winal pL4n was exFrfted to r￿j￿ our financial re8efve8 to cir¢a £60,sJYJ by 2026, ley￿ that th8 Communty woukl have continued ID dep￿te reseNes. The Fundrai8ing was launched ￿ 8 Fetrfuary al an EGM. was ck)sed on S Marth. In Ihal ts'm memtets p*dged 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 i￿e to fvnd the DevelGprMnt Plan. donations of£14,258 las agai￿t£10.8S4 ￿ 20241 betse IncomeT8x Reckimable were re¢eNed in Ihe yew under The LCSB parttupates as a memberdvhrth PibrW￿Whth 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. Supp￿trg ouryoung •Jurts group and produang pjdcasls and othef digital oulputs. He B ￿tinUing the pwts.ce ol Ledio in the c￿munty by Nnning weekty sessN)ns. (rfllwn kn our YWKJ p￿18. In Juty W24 the laurKh8J ts second. 'St Ben￿rf5 lthek. This 15 a medley of ta*$. pcrflcasts, prayer c(Mnmunity gatr￿.ngs lo ratse Wa￿￿e$S knul si Ben8JicY$ lrfe and teaching. Keynote speakers ir￿lUded Dr RW IMlhaiTk%. ￿K1 our wettytè triil8d in the mcAth of Juty, as a ¢onwu￿Ce. At the 2024 Surnrner Gatr￿nTra 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 s￿ke1 was Fr Peter Andrews. a retired priestfrom the DK¢ese of Awndeb & Br¥Jhton. LCSB Pol￿[eS.. Twstees revpwed the LCSB'S F01r￿S 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 p￿par>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 Novemt*r 2025. Trustee and Director Pafitk C Print Na))e Trustee and Dir Pnnl Nwne Cc¥npany knter48￿. Charty Tr￿n**[ I1￿638 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 c￿1panY 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 CharIt￿S 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 vi￿4 which is not a matter conS￿ered as part of an independent examinab'on, or 4. The havo not been prepar&J in accordance y￿th the method$ and prinUp￿S of the Stslemenl ol Recommended Practice for accounting and rewrting by charitiès applicable to charities pwaring their 8ccounts in wrdancewith the Finanrial Rekxjrting Standard appI￿able in the U.Kgnd republic of Ireland FRS 1021. I have no concems and have com across no other matters in Conn&t￿n the examin*ion to wh￿h attention shoujd be drawn in thi5 report in )nalions (Youth Development lund) Donations (Good IAtrks fund) Fundraising AclNttie$ GiftAid refvnd {GeneraInevelopn￿￿1j 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 a￿8￿ 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 thealrfrtwuw￿en1contrl￿J in seCtiC￿477 ofthe Cunpan*é Act20C6, fcrf the yeat ended 30 April 2025 The directors acknowkdge their few5ibilrfies fc¥ with the rtyuremgnts d the CC*np￿IeS Acl 20C6 with respert to xcounl'ng rectyts the prepwalpji daccovnls. Tho Man￿rS have not requwgj the c(NTWry k) an 8LKlit d ts acc￿nts for year in questtr￿ in accxxdance with 476. These xcounts have been prepar&J *Trth the krnK¥Js 4)pl￿at￿e to 0)np￿• to the small eompan*s regvne. The ￿QU￿tS wwe approved by fv Bcwd clTnthes ￿ 22 2025 Trus*e and Dittttc Patrid( C Trustee and Directt* P￿e90115 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 aCc￿nIS have been prepared in aoxidance wrth the charity s MemoraTrJum and A)1￿￿5 of Association. the Compan￿$ Act 20C6 and 'Accounling and Reporting by Charitses.. Stslemenl of Recommended PW1￿ applicable to ch*ities preparing their &count$ in accordance with tho Financial Rep)rting Standard appl￿b￿ 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 ch*ittes 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 EX￿nditure is irKluded %knen incurred. Charitable expenditure comprises those Costs In￿rred 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. Restr￿trons arise when spe¢ified by the donor or when funds a￿ raised f(Y particular purposes. Ccfflpany NUM￿r4838S64, 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• Inve*btrnent 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 NG￿e 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 Qfwh￿h 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 Se￿￿eS ol an Administrator, 8ookingslFinance Admini$tr8tor and a Communications Officer. plus one sixth of the personnel ¢))sts ofa Di8¢p￿ShIp and DNJtsl c￿rdinatOr. No honorarium payrnents lo the Leaderwere rnode during the perKId. Ccfflpany Number4838564. Chanty Numter 11CMA39 Page 12 of 15 LAY COMMUNITY OF ST BENEDICT E••tsr and forni•tlon TM••k•nd• And rnl•t•d •w•• During the year under re￿￿ the pL4nned cel*•bon ol E8sler 2￿25 agwn tCK>k F4ace'phy￿Hy, 01 Celn L&. Totol costs £23.0221£21,233 NI 20241 beftye Wbd The defv'l fL¥ ev¢nl w88 £1,gJ)01£3,833 in 2024). During the year urrtler TeVV* fv costs crf dher aTrJ related expenses pahl lffjm the Gemrnl Fund were £24,770 land in ended 2024 were £22.4231. 10 Youth WO￿ from LCSB fun Alotsl of £24.985 v4S SWtthnThJ the yew (El9.￿5 n 20241. main heading of expendrfureTKaS as folkws: Di￿￿eshiP and DpJtsl cO￿ty￿N- of sakry cc6ts £14.141 Youth & Fami￿$ Cwdinal £8.104 £13.801 in 2023r24 11 The C*bknS as al the 88lance She8t d* are made up as lo￿xs.. 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.$53 225 3.553 124.985} Totsl Fund6 1110.2CKJI 69,15 Youth Develo￿Ont Fun& Other FuTrJ set up in 21X15fi to supportwth tsycthg Good Works fund Fund set up in 200Y6 to SUPK*yI Vtrfks. in ￿nce wth the o*'ects of LCSB (with speaal fC￿S on for the SK*. arKI f￿t￿th$ cl edLKaiKffl and trainmg). P￿140f15 IAY COMMUNIry OF ST BENEDICT 14. Anatysis of Net As68ts bet￿n 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 G￿xI Vknks Fund 3.733 3.778 3.733 8&726 129.3181 69,152 3,778 11744 Page 15 of 15