The Roche Court Educational Trust
Annual Report and Financial Ststements
Year Ended 31 July 2024
Chanty registration number. 1109279

The Roche Court Educational Trust
Contents (continued)
Trustees Report
1to4
Statement of Trustee5' Re5ponsibiltbe5
Independent Examinevs Report
Statement of Financial A¢tNitses
BalanGe Sheet
Notes to the Financial Statements
9t016

The Roche Court Educational Trust
Trustees Report
Introduction
The purpose of the Annual Report is to report on the actNities of The Roche Court Educational Trust
for the months August 2023-July 2024, in accordan￿ with the requirements of the Statement of
Recommended Practice 'Accounting and Reporting by Charities. . Charities SORP (FRS102 1A).
Background
The Roche Court Educational Trust is a registered charity, registratÉon number 1109279. established
by Trust Deed on 7 April 2005.
The Twstees are:
Anne Beckwith-smith (Chair) (reS￿ned April 2024)
Madeleine Countess of Bessborough
Robert Boyle (resigned April 2024)
William Grant
Charlie Ponsonby {resigned April 2024)
Lucy Salisbury (resigned December 2023)
Rhoderirk Voremberg (resigned Novetnber 2024)
Olivia Watharn
Emma Goltz
Objectlves and actlvltles
Objects and aim5
The objects of The Roche Court Educational Trust. as set out in the Trust Deed, are to;
i) Promote the education of the public conceming fine art. sculpture and to educate children and
young persons about the same whether such works of art are on display at Roche Court or otherwise;
ii) Promote the education of children and young persons by the provision of advice and guidance in
relation to careers in the arts to enable them to reach their full potential and prepare them for working
life.,
iii} Such other charitable Purposes as the trustees shall from time to time detemine.
The trustees have reviewed the Trust's acb'vrties and confimi that they meet the guidance given by the
Chanty Commission regarding Public Benefit In this report you will find details of ways in which the
Trust has met these aims.
Page 1

The Roche Court Educational Trust
Trustees Report (continued)
Financial review
The accounts show an income of £2,919 {2023.' -£,5374). The charity received incoming resources
totalling £70,035 {2023.. £110,288) for the period. The charity received £26,872 (2023.. £32,800) from
charitsble activities. £42,788 (2023: £77.271) from donations and legacies, and £375 (2023.. £217)
from investment income. Expendf(ure in the period totalled £67,11612023.' £115,662).
Policy on reserves
The Charity's policy is to aim to keep reserves at approximately £3.000.
Structure. governance and management
Organisational structure
At the start of the financial year the organization structure was The Head of Leaming undertakes the
day-to4ay running of the education programme at Roche Court. supported by the Learning projects
manag•r. A team of nina trainad fr88lanc• educators with diff8rant areas of specialisms within tho
field of education support as required, particularly in the provision of visits, workshops, and specialist
projects. Trustees are appointed by resolution of the trustees. On 31st March 2024, due to financlal
pressures, a major downscaling of the Trust was undertaken. The Trust is run by one part-time seK-
employed administrator and one part-time self*mployed book-keeper. A small leam of freelance
educators continue to support as required. The wsrts and workshops have been tailored to suit the
financial capabilty of the Trust and the relian￿ on funding from Reslricted Donations has been
scaled down.
OveNiew of the year August 2023-July 2024
Dunng ihis academic year. VFSrts and workshops Y￿￿ children. young people and lrfelong learners (the
mainslay of our programmel. We worked with 1657 participants (4450 in year end August 2023), and
with the support of grants and awards, we engaged many groups from areas of high deprivation.
Grants from the following Trusts and Foundations enabled us to offer subsidised visits to 2 primary
and 12 secondary schools, 1 Special Educational Needs settings, 4 Further Education
establishments. A £15,000 grant was received trom Robert Hiscox Foundation on 31 st January 2023
{which was acknowledged in last years accounts) and this was to be used over 3 years. £10,000 was
included in restricted funds and this accounting year made use of the 2nd tranche of £5,000 and
£5,000 has been carried forward to next accounting year end July 2025 in restricted reseNes for the
3rd tranche.
. The JP Marland Charitable Trust £2.000
Grants from indtvidual donors supported us in reengaging children and young peopFe with direct
experience5 of the arts. by contributing toward the running costs of our interactive tours and
workshops at Roche Court Sculpture Park, where we are based. During the year we were grateful to
receive funding from the following:
. Lady Madeleine Bessborough Uas New Art Centre £20,000
. Mrs E Len Fu £5,000
Page 2

The Roche Court Educational Trust
Trustees Report (continued)
Review of AGtivities
At the Roche Court Educational Trust we aim to continue to encourage confidence and creativity.
enhancing the capacity of all who visit us to Look, Think and Speak about art. There are many
children and young people who, for social, physical. psychological or economic reasons, may never
experience the potentially lrfe-changing effect of the arts. This is further compounded by the
marginalisation of arts subjects overall within the current curriculum. Wrf(h a small but dedicated team
of arts educators, we deliver opportunrties to expenence art first-hand, through trusted partnerships
with artists, schools, teachers and specialist groups.
We raise funds through a scheme of Friends, Benefactors and interested individuals, along with
sponsofShip from Trusts and Foundations. Also. we can raise ￿ndS by placing collection box8s (both
physical and contactless) at the entrance of our host gallery The New Art Centre, encouraging visitors
to the Sculpture Park and Gallery to make a donation to the Educational Trust. We received a total of
£7,262 from these donation boxes this financial year.
Participation ststistics
In the period 1 st August 202> 31st July 2024. we worked directy with 1657 participants.
Welcomed to the sculpture Park:
. 50 schools, colleges, and unp4eTSities
16 ad￿￿ and specialist groups
9 home educating groups
We organised:
. 14 famity workshops during school holidays
We took part in:
1 Careers event
• 3 off-site sessions in Special Schoolslchiklren's Hospices
None of our work is free - the costs are covered by a nominal fee paid by participants and by awards
from funding applications. which enable us to subsidise fees where necessary. Our aim is to reach out
to those who may otherwise never have an opportunrty to visit a Sculptu￿ park.
During this academic year, we managed to ensure that 570A of the schools we welcomed were from
the state-mainlained Sector.
Onllne Provlslon
The focus in our small leam continued to be bringing groups back to the sculpture park. as we
passionately believe that having a Irve experience of art is integral to feel passionate about it.
Howevcr, we stayed connected to our audience online, by producin9:
Page 3

The Roche Court Educational Trust
Trustees Report (continued)
. 8 e-newsletter5 that were sent to 845 teachers and families.
. Related social media posts on Fa￿boOk, which had a reach of 379 followers
Regular Instagram posts showcasing our creative acknVti￿s, with an increase in followers throughout
the year to 2098
We were able to produce 1 final episode of our digital podcast 'Listen in at Roche Court,, thanks to
funding from the Arts Society to work with young people from Andover. We built on the model
developed during project delivery funded by RSA Catalyst seed and scaling funding during 2020-2023
(an initiative to support pilot proje¢ts that address Stxial changel. 'A' level and Foundation Diploma
Students from Andover College interviewed artist Jacob van der Beugel, in an episode centered on
his solo show 'Wherever the Two Shall Meet, at the New Art Centre. The students participated in two
research visits, and a wrtual tour of the artist's studio, developing a wide-ranging set of questions to
prompt an in4epth conversation with the artist.
The resutting episTrle has had 81 listens. and the podcast now celebrates 1.350 downloads overall.
Another reason to celebrate this episode was that it was headed up by Georgie, a Deaf student, who
was the overall winner of 'Articulation', the National Galler￿S public speaking prize for young people,
in 2023. The National Gallery have recently shared her recent success wrth the podcast in their
newsletter.
The
episode
fascinating
listen
and
can
found
https.'Ilw•i.rochecourteducationaltrust.co.uklpodcast. The podcast V￿11 remain an ongoing digital
resourGe.
The podcast will remain an ongoing digital resource, to be accessed through the website of the New
Art Centre, which will continue to welcome wsrtor5 and run special events to which Educational Trust
beneficiaries wll be invf(ed to subscribe.
Partnership projects:
We continued as a partner gallery on the National Galle￿$ Articulation Project. This national public
speaking initiative started here at Roche Court in 2006, and this year we delivered two Discovery
Days, for state-maintained schools to develop their public speaking skills and be introduced to the
project. We also hosted two regional heats, adjudicated by the very Revd Robert Willis, Dean
Emeritus of Canterbury.
We focused on our CO￿ offer of welcoming groups to the sculpture park this year, supporting groups
of all ages to look, think and speak atK)Ut art. Since the Charty began in 2005, we have welcomed
over 57,000 visitors, and we are very proud that we encouraged them all to have the confidence to
look, think and speak about arL
The New Art Centre remains open lo visitors. and we hope that our beneficiaries will return to the
Sculpture Park to tske part in special events, visit exhibitj'ons and enjoy the unique environment of
Roche Court.
The annual report was approved by the Trustees of the Charity on .13.1iz.ILW and signed on its
behalf by..
Madeleine Countess of Bessborough (Chair)
Trustee
Page 4

The Roche Court Educational Trust
Statement of Trustees, Responsibilities
The Trustees are responsible for preparing the Trustees. report and the financial statements in
accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the Trustees to prepare financial ststement5 for each financial
year which give a true and fair wew of the state of affairs of the Charity and of the incoming resources
and application of resources of the Chanty for that perioj. In preparing these financial statements. the
Trustees are required to..
select suitable accounting policies and then apply them consistentty..
observe the methods and principles in the Chariknes SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed. subject to any material
departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the Charity will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the Charity and enable them to ensure that the financial
statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations
2008. and the provisions of Ihe Gon5tilutioll. The Tru51ee5 ale a150 iesponsible for safeguarding Ihe
assets of the Chanty and hen￿ for taking reasonable steps for the prevention and detection of fraud
and other irregularits'es.
The Trustees are responsible for the Maintenan￿ and integrtty of the corporate and financial
infomiation included on the charitable companls website. Legislation governing the preparation and
dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the Trustees of the Chaiity on i&lLK.l¥ and signed on its behalf by.
Mad•l•ina Countess o
Trustee
Bessboroug (
Page 5

The Roche Court Educational Trust
Independent Examiner's Report to the trustees of The Roche Court
Educational Trust
I report to the Trustees on my examination of the accounts of The Roche Court Educational Trust for
the year ended 31 July 2024.
Responsibilities and basis of report
As the Chanty Trustees of The Roche Court Educational Trust you are responsible for the preparation
of the accounts in a¢¢ordance with the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the The Roche Court Educational Trusys accounts carried out
under section 145 of the 2011 Act and in carying Olrt my examination I have followed all the
applicable Directions given by the Chanty Ccffnmission under section 145{5)(b) of the Act.
Basis of independent examine￿$ report
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An exarnination includes a review of the accounting records kept by the Charity and a
comparison of the accounts presented wth those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from you as Trustees
concerning any such matters. The procedure5 undertaken do not provide all the evidence that would
be required in an audit and consequentiy no opinion is given as to whether the accounts present a
rue and fair viev/ and the report is limtied to those matters set out in the next ststement.
Independent examinerfs statement
I have completed my examination. I confinn that no material matters have come to my attention in
connection with the examination gr￿Ing me cause to believe th8t in any m8terial respect..
1. accounling records were not kepi in respect of The Roche Court Educational Trust as required
by section 130 of the Act,. or
2. the accounts do not accord wtth those records.. or
3. the accounts do not comply with the accounting requirements con￿mIng the fomi and content of
accounts sel out in the Ch<irities (Accounts and Reports) Re9ulalions 2008 other Ihan any
requirement that the accounts give a 'true and fair which is not a matter considered as part
of an independent examination.
I have no concems and have come across no other matters in connection wth the examinalion to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
VJ
Dawn Peattie ACA CTA
Francis Clark LLP
Hitchcock House
Hilltop Park
Devizes Road
Salisbury
SP3 4UF
Date:..
l(L?.I i.LJ.LQ..l.LÈ.
Page 6

The Roche Court Educational Trust
Statement of Financial Activities
Year Ended 31 July 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Total
2024
Unrestricted
Restricted
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
40.788
26.872
375
2.000
42,788
26,872
375
Total Income
68,035
2,000
70,035
Expenditure on:
Charitable activities
Other expenditure
(38,461)
(12,618)
(5,597)
(10,440)
(44,058)
23,058)
Total Expenditure
Net movement in funds
51,079)
16,037
67.116
16.956
{14,037)
2,919
Reconciliation of funds
Totsl funds brought forward
Total funds carried forward
14.848
19,037
4,189
7,108
13
2.108
5,000
Total
2023
Unrestricted
Restricted
Note
Income and Endowments from:
Donations and legacies
Charitable activitie5
Investment income
38.921
32,800
217
38,350
77,271
32,800
217
Total Income
71,938
38,350
110,288
Expenditu￿ on:
Charitable activities
Other expenditure
(74.9391
(14,3591
(9.007)
(17,357)
(83,946)
(31,716}
Total Expenditure
(89.298)
(26,364)
(115,662
Nel movement in funds
(17.360)
11.986
(5,3741
Reconciliation of funds
Total funds brought forward
2,512
7,051
9,563
Total funds carried forward
13
{14.848)
19,037
4,189
The notes on pages 9 to 16 form an integral part of these financial statements.
Page 7

The Roche Court Educational Trust
Balance Sheet
31 July 2024
2024
2023
Note
Current assets
Debtors
Cash at bank and in hand
11
2,208
7,426
9.634
7,292
33,067
40,359
Creditors: Amounts falling due within one year
Net assets
12
(2,526)
7,108
36,170
4,189
Funds of the Charity:
Restrlcted Income funds
Restricted funds
13
5,000
19,037
Unrestricted income funds
Unrestricted funds
2.108
{14,848)
Total funds
13
7.108
4.189
The financ.al statements on pages 7 to 16 were approved by the Tnjstees, and authorised for issue
Madeleine Countess of Bessborough (Chair)
Trustee
The notes on pages 9 to 16 fomi an irtegral part of these financial statements.
Page 8

The Roche Court Educational Trust
Notes to the Financial Statements
Year Ended 31 July 2024
1 Accounting pollcles
ststement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities
Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard
applicable in the United Kingdom and R8public of Ir812nd (FRS 102) and the Charities Act 2011.
Basis of preparation
The Roche Court Educational Trust tneets the definitiotj of a public benefit entily under FRS 102. The
accounts (financial statements) have been prepared under the historical cost convention with items
recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these
accounts.
Going concern
The Trustees consider that there are no material uncertainties about the ChariVS abilty to continue
as a going concern.
Income and endowments
Voluntary inGome including donations, gifts, legacies and grants that provide Gore funding or are of a
general nature is recognised when the Charity has entitlement to the income, it is probable that the
income will be received and the amount can be measured wth sufficient reliabilty.
Donations and legacies
Donations and legacies are recognised on a r￿1Vable basis when receipt is probable and the
smount can be reliabty measured.
Donated sern-c8s and facllities
Where services or facilities are provided to the Chanty as a donation that vrfould normalty be
purchased from our suppliers, this benefit is included in the financial statements at its fair value unless
its fair value cannot be reliabty measured, then at the cost to the donor or the resale value of goods
that are to be sold.
Gift aid
Incoming resources from tax reclaims are included in the Statement of Financial Actrvities at the same
time as the gift to which they relate.
Expenditure
All expenditure is recognised once there is a ￿al or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliabty. All costs are allocated to
the applicable expendrture heading that aggregate similar costs to that category. Where costs cannot
be direclly attributed lo particular headings they have been allor2ted on a basis consistent with the
use of resources, with central staff costs all¢xated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use. Other support costs are allocated based on the
spread of staff costs.
Page 9

The Roche Court Educational Trust
Notes to the Financial Statements
Year Ended 31 July 2024 (continued)
Charitable activities
Charttable expenditure comprises those costs incurred by the Chanty in the delivery of its actiwties
and services for its beneficianes. It includes bolh costs Ihat can be allocated directty to such actiwties
and those costs of an indirect nature necessary to support them.
Taxation
The Chanty 15 Considered to pass the tests set out in Paragraph 1 Schedule G of the Finance AGt 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the Charity is potentialty exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are
applied exclusively to charttable purposes.
Tangible fixed assets
Individual fixed assets are inrtially recorded at cost, less any subsequent accumulated depreciation
and subs@quent accumulated Impain￿nt losses.
Amortisation
Amortisation is provided on intangible fixed assets so as to wrrte off the cost, less any estimated
residual value. over their expected useful economic lrfe as follows..
Assot class
Website development
Amortisation method and rato
2 year straight line
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to Write off the cost or valuation, less any
estimated residual value, over their expected useful economic lrfe as follows..
Asset class
Off5ce equipment
Depreciation method and rate
3 years straight line
Trade debtors
Trade debtors are amount5 due from customer5 for merchandise sold or services performed in the
ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at
amortised cost using the effective interesl method. less provision for impairment. A provision for the
impairment is established when there is objectrve evidence that they will not be able to collect all
amounts due according to the original tenns of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-lerm highly
liquid investments that are readily convertible to a known arnount of cash and are subject to an
insignfficant nsk of change in value.
Page 10

The Roche Court Educational Trust
Notes to the Financial Statements
Year Ended 31 July 2024 (continued)
Trade creditors
Trade creditors are obligations to psy for gt)nds or seN1(￿S that have been acquired in the ordinary
course of business from suppliers. Accounts payable are classified as current liabilities if there is not
an unconditional right, at the end of the reporting peri¢)d, to defer settlement of the creditor for at least
t￿e1ve months after the reporting date. If there is an unconditional right to defer settlement for at least
tMelve months after the reporting date, they are presented as non-current liabilities.
Trade creditor5 are recognised initially at the transaction price and subsequendy measured at
amortised cost using the effective interest meth(NJ.
Fund structure
Unrestricted income funds are general funds that are available for use at the Trustees discretion in
furtherance of the objectNes of th8 Chartty.
Restricted income funds are those donated for use in a particular area or for specrfic purposes, th
use of which is restricted to that area or purpose.
Financial instruments
Classrfication
Financial assets and financial liabilities are recognised when the Charity becomès a party to the
contractual provisions of the instrument. Financial liabilities and equity instrument5 are classified
according to the substance of the contradual arrangements entered into. An equty instrument is any
contract that evidences a residual interest in the assets of the Charity after deducting all of its
liabilities.
Recognition and measurement
All financial assets and liabilities are initialty measured at transaction price (including transaction
costs). except for those financial assets classified as at fair value through profit or loss, which are
initialty measured at fair value (which is nonnally the transaction price excluding transaction costs),
unless the arrangement constitutes a financing transaction. If an arrangement constrtutes a financing
transaction, the financial asset or financial liabilty is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabiltties are onty offset in the statement of financial position when, and only
when, there exisls a legally enfoiceable ii9hl lo sel off the reGognised amounts and the Charty
intends either to settle on a net basis, or to realise the asset and settle the liability simultaneousty.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows
from the financial asset expire or are settled. b) the Charity transfers to another paty substantially all
of the ri¥K¥ £irid rewards of owne15hip of the financial asset, or cl the Charty. despite havlng retained
some, but not all, signfficant risks and rewards of ownership, has transferred control of the asset to
another paty.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged,
cancelled or expires.
Page11

The Roche Court Educational Trust
Notes to the Financial Statements
Year Ended 31 July 2024 (continued)
2 Income from donations and legacies
Unrestricted
Total
2024
Total
2023
General
Restricted
Donations and legacies".
Donations from individuals
Grants, including capttal grants"
Grants from Foundations I
Trusts
40,788
40.788
38,921
2,000
2,000
38,350
40.788
2.000
42.788
77,271
3 Income from charitable activities
Unrestricted
funds
GenÈral
Total
2024
Total
2023
Schoovgroup vlslts
Friends and Benefactors
19.997
6.875
19.997
6,875
22,196
10,604
26.872
26,872
32.800
4 Investment income
Unrestricted
Total
2024
Total
2023
General
Interest receivable and similar income.
Interest receivable on bank deposits
375
375
217
5 Expenditure on charitable activities
Unrestricted
funds
General
Restricted
funds
Total
2024
Total
2023
Education staff costs
38,481
5,597
44.058
83,946
Page 12

The Roche Court Educational Trust
Notes to the Financial Statements
Year Ended 31 July 2024 (continued)
6 Other expenditure
Unrestricted
funds
General
Restricted
funds
Total
2024
Total
2023
Note
Depreciation. amortisation
and other similar costs
Other resources
expended
559
12,618
10,440
23,058
31,157
12,618
10.440
23,058
31,716
7 Trustees remuneration and expenses
Paid employees
The Trust has no employees, the staff costs shown within these accounts are the costs of services
provided by New Art Centre Sculpture Park and Gallery employees which are recharged to the Trust.
8 Independent examinees remuneration
2024
2023
Other fees to examiners
Examination-related assurance services
1,200
1,200
Page 13

The Roche Court Educational Trust
Notes to the Financial Statements
Year Ended 31 July 2024 (continued)
9 Intangible fixed assets
other
intangible
asset
Total
Cost
At 1 August 2023
5,292
5,292
At 31 July 2024
5.292
5,292
Amortisation
At 1 August 2023
At 31 July 2024
Net book value
5,292
5,292
5,292
5,292
At 31 July 2024
At 31 July 2023
10 Tangible fixed assets
Computer
equipment
Total
Cost
At 1 Augu8t 2023
1,679
1,679
At 31 July 2024
1,679
1,679
Depreciation
At 1 August 2023
1,679
1.679
At 31 July 2024
1,679
1,679
Net book value
At 31 July 2024
At 31 July 2023
Page 14

The Roche Court Educational Trust
Notes to the Financial Statements
Year Ended 31 July 2024 (continued)
11 Debtors
2024
2023
Trade debtors
Prepayrnents
1,319
889
6,402
890
2.208
7,292
12 Creditors: amounts falling due within one year
2024
2023
Trade creditors
Accruals
1,249
1,277
2,526
34,892
1.278
36,170
13 Funds
Balance at 1
August 2023
Incoming
resources
Resources Balance at 31
axponded
July 2024
Unrestricted funds
General
General
(14,848}
68,035
(51,079)
2,108
Restricted funds
Restricted funds
19,037
2,000
(16,037)
s,000
Total funds
4.189
70.035
67,116)
7,108
Balance at 1
August 2022
Incoming
resources
Resources Balance at 31
expended
July 2023
Unrestricted funds
General
General
2,512
71.938
(89,298>
(14,848)
Restricted
Restricted funds
7.051
38,350
(28,384>
19,037
Total funds
9.563
110.288
115.662
4,189
Page 15

The Roche Court Educational Trust
Notes to the Financial Statements
Year Ended 31 July 2024 (continued)
14 Anatysis of net assets between funds
Unrestricted
funds
General
Total funds
at31 July
2024
Restricted
funds
Current assets
Current liabilities
4.634
2,526
5.000
9.634
2,526
Total net assets
2,108
5,000
7,108
Unrestricted
funds
General
Total funds
at 31 July
2023
Restricted
funds
Current assets
Current liabiltties
21,322
36,170
19,037
40,359
36.170
Total net assets
14.848
19,037
4,189
15 Analysis of net funds
At 1 August
2023
Financing
cash flows
At 31 July
2024
Cash at bank and in hand
33,067
125,641)
25.641
7,426
Net debt
7.426
16 Related party transactlons
There were no related party transactions in the year.
Page 16