2022-04-30-accounts

Charlty Rogi8tration No.1114429 CHAMPNEYS CHARITABLE FOUNDATION UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022

CHAMPNEYS CHARITABLE FOUNDATION CONTENTS Page Referon¢o and admlnl8tratlve d•tails of the Charlty. its Trustees and advls•rs Trustees. r•port Ind•pondfrnt examine￿$ r•port Stat￿*Tht of flnanclal actlvltl Balanc• sho•t P4ot•8 to th• flnanclal statements 8-15

CHAMPNEYS CHARITABLE FOUNDATION REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARITY, rrs TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 APRIL 2022 Tru•te•s t)orolhy Purdew OBE, Chair Paul Mitchell Stephen Purdffiv Ajan Whiteley Chorfty reglst•red numb•r 1114429 Prlnclpal offlc• Henlow Grange Henlow Bedfordshire SG16 6DB Accountsnts B￿ck Rolhenberg Llmlted Chartered Accounlants 16 Great Queen Street Covenl Garden London WC2B SAH Pa98 1

CHAMPNEYS CHARITABLE FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED 30 APRIL 2022 The Trustees present their annual report tryjether with th& finanLaal statements of the Charity for the year ended 30 April 2022. The fin8ndal statements have been wepared in accordanc6 wllh the accountlng policies set out In notes to the accounts and comply vith the charitys goveming document. the Chari￿$ Act 2011. and th8 relevant versSon of the Statement of Recommended Practice applicable to charities preparing their a￿0Vnts in ac(t)rdance with the Financial Reporbng Standard appli&￿Ie in the UK and Rèpublic of Ireland {FRS 102). Oblectlvès and actMtS PollGle¥ and obl•cllv•s Tho ¢harlVs oblectNes are lo promote such charitable purposes within the UK as the trustees shall from lime to tlmo deterynine by the provision of grant assistance to other Charitab￿ bodies or lo indtviduals In particular with ard to Slck. disabled. or disadvantsged thildr•n and adults. IncoTh 18 raised by Champneys Henlow Limited group aThl through fvndraising actlvitss. There has been no change In the ¢harftys objects during the year. The trustee8 have paid due regard to guidance issued by thè Charity Commission In deciding what activltles tho ch8rlty should undertake. In settlng objectlvos and p18nning for activlties, the TNstees have given du8 conshjeration to general guld8nc• publSshed by the Charty CommIssk￿ relatrng to public b￿ffi1. Indudiro the guidance 'Public benefit.. wnnlng a charity {PB2}'. b. Grant4naklng pollclo• Tho ¢harity achieves Its purposo and owects by maklng grants to olh•r ¢h8rits8s and M)dlvhdual$. The number of eharities and individuals wlw¢h the chaflty ¢an support Is n8c8s8arity Ilmrtod by the lev81 of funds avablable for distribution in any year. The trustees have determined that priority should be given lo maklng grants in order to offei relief lo those In need and chariti8s that operate in pursuit of Health related actfvltiès and inilialfves. The grant maklng prioritses are reviewed annualty, or more t)ften, if deemed appropdato by the trustees, and there may be ehanges in accordancé the tNslees' viaw of the most effeellve application of the available funds at any point in time. Any charMJe to the priorfties must still fvlfil the charttabbe purp08es and objects of th• charity. Page 2

CHAMPNEYS CHARITABLE FOUNDATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022 Achi•v•m•nts and porh)rnian FlnanGial r•vlew •. Financial revlew It is the policy of the charity that unreslricted funds which have not been designated for a specffiG u$e should be maintained al a level equivalent to hyelve month's oxpgnditure. Tha Trustees consider that reserves al this level will ensure that, in the event of a s￿￿1￿cant drop in funding. they wlll be able to continue the ehariws current activities while consideration is given lo ways in wh￿h additional fund$ may be raised. The truste85 are aware that the r&seFves al the reporting dats are substantially in excess of Iwelve ffrf)nths expendtlure. The trustees hav& assessed the major risk5 to ￿lch the tharity Is eXF￿5ed and are s8tl$fied that S￿31￿m8 are In place to mtkngate exposure to the major nsks. The entire resour¢es of the charity are unrestrict8d and the trusloas have complete dIS¢￿tIOn ov8r Ihelr use. During the year the incom8 from donations increased lo £82.86412021 .' £19,211).. this Increase was attribLrtable lo a recovery In Ihe Champneys H￿loW Limited gnyjp buslness. which saw an In¢r•ase In donatlons from customers. Al the year end, unrestricted funds amounted to £82.758 {2021 .. £9.412). b. R•••rv•J pollcy Tho Iruslees are aware of the requirement lo adopt a reserves pollcy. They are aware Ihal suffi¢lent roserves no¢d to be retained to covèr the charl￿$ exp6ndilure. and potential shortfalls in income. No fomal assgssment of • suitable amount to b6 sel aside as free reserves has been agreed at prosenl but the trusle&s are aware that the charity has no ongoing commitments or fixed overheads. A fomial reserves policy wlll be finallsed once patt•m of operational a¢tth"ly has been establishod. . Rlsk manag•m•nl The trustees are responsible for ensuring that the charity has an appropriate system of ¢onlTols, financlal and otheThvise. They are also responsitAe for safeguardiThJ the assats ol the charity and henc6 for taking reasonable steps for the prevention of frautj and other irrggulariti8S. SinKturè, g•v•rnance and manag•m•nt a. Constltutlon Champney3 Charitable FOundat￿n is an UnirM￿rporaled ¢harty regtstered wth tho Charity Commlsslon under charfty number 1114429 and is con$titutgd under a Trust degd dated 4 April 2¢))6. The prin¢lpal place of businesy is Henk)w Grange. Henlow. Bedfordshire, SG16 6DB. b. M•thods of appolntment or •l•ctlon of Trust••s The management of the Charity is the responsibilty of th8 Twslees who are elected and cwpted under the ternis of th8 Trusl deed. New twslees may be appo¢nted al any time. by majority vote of tha Current trustees. Thg total number of trustees may al no time f811 bel¢)W three. The Iruslees who 8eNed durirvJ the year are set out on page 1. Page 3

CHAMPNEYS CHARITABLE FOUNDATION TrUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022 StnKtiiro? governanc• and managfrm•nt (continufjd) c. Flnanci•l rfsk manag•mgnt The Trustees have assessed the major rl$ks lo ￿tch the Charity ts exposed, w) partI￿13r ttM)s8 related lo the operations and finances of the Chartty. and are satisfied that systems and procedures are in place to mitigate exposure to the major risks. d. Trust••s' ra•pon$ibllitl•s The trustees are responsibl8 lor pr￿ring the tNstees' report and the finan¢bl ststements in accordance with applicable law and United Kingdom Accounting Stsndards (United KIn￿10M Generally Acc*pled Accounting Practice). The law applicable to chanlies in England & Wales requiros the trustees lo pr8pare financial gtalemenls for each financial year which give a true and fair view of the sLil6 of affaiTS of the charlty and of the Incoming resources and application of resources of the charity for that period. In preparing these flnancial s18tements. the trustee8 are required tt>: sele¢t suitable acc4)unting polbes and then appty thom ￿nSiSten￿￿. obseThe the methods and principles in the Charitie$ SORP; make judgements and accounting estimales that are reasonable and prudont,. prepare the financial statemènts on the going concam basis unless il is appropriate lo prosume that the chanty ￿11 continue in op0rnt￿n. The trustees are responsible for keeyng proper accounting records that are sufficient to Show and explaln the charitys transactions and disdose with reasonable accuracy at any time the financial position of the charity and enable them lo ènsure that the financial slalements comply vth the Charfties Act 2011, the Chartly (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They ar& also r88ponsibl8 for safeguarding the 8ssels of the charity and henco for ta￿'n9 reasonable stsps for the pr&v•nlion and detecllon of fraud and olher irregularflies. Approved by order of the members of the board of Twslees and s￿ned on their behalf by.. rolhy Purd• OBE Dats.. Page 4

CHAMPNEYS CHARfrABLE FOUNDATION INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 APRIL 2022 Independ•nt •umlnorfs rfrport to th• Trustses of Champneys Charltable Foundation IYh• Chwlty.) I report to the charity Trustees ￿ my examination of the accounts of the Chafrty for lh8 year ended 30 April 2022. R￿ponsIbl11t103 and basll of r•port As the Trustoes of the Charity ar8 responsible for tho preparation of the ac(x)unts in accordance wlth th8 reqUIre￿￿nts of the Charttiès Act 2011 Ilhe 2011 Arf). I report in respect of my examination of the Charlty$ accounts cafrled oul under seclion 145 of the 2011 Act and In cary'ng out my examination I have followed the applicab￿ Directlon$ gNen by Ihe Charty Commission under $e¢tlon 14515)(bl of the 2011 Act. Indop•nd•nt •xamln•rfs ¥tat•m•nt Your attention is drawn to the fact that the Charity has prepared the accounts In accordance wlth Accountlng and Reporting by Charities.. Statement of Rewmmended Practice applicable to charitles preparing their accounts In accordance bwlh the Financial Reporting Standard applicable in the UK and Repvbllc of Ireland {FRS 1021 In preference to thè Accounting and Reporting by Charities.. Statement of Recommendod Pracb'ce Issued on 1 April 2005 which 16 referred to in the extant rogulab'ons but has boen withdrawn. l understand that this has been done in order for the a¢¢cwnts lo provkle a true and fabr vl8w In accord8n¢e vrfrth the Generally Accepted Accounting Practice effective for reporting perlcrtls beginning on or after 1 January 2015. I have ¢ompl8ted my examlnation. I confimi Ihal no matters have ￿rne to my attention In connecllon ￿th the examlnallon giving me cause lo b•lieve that in any material respect: accountlng records were not kept in respèci of I￿ Charlty as requiTod by Section 130 of the 2011 Act,. or the a¢Gounls do not accord with those records: or the accounts ¢Jo r￿t compty ￿￿th the applicable requlrements concemSng the fomi an(J content of accounts sel out In the Charities IAe¢ounls and Rewrts} Règulations 2008 other than any requirement that the accounts give a yn￿ and falrf viow which is not a matter o)nsidered as part of an independant examination. I have no concems and have come acro88 no oU)8r matters In connecthjn wih the examination to which attention should be drawn in this report In order to enable a proper und8rstsnding of the a¢￿untY lo be reached. Slgnod.. Russell Tenzer FCA D8ted: 06.02.2023 Bllck Rothenberg Llmlt•d Chartered Accounlanls 16 Great Queen Street Covent Garden London. WC2B SAH Page 5

CHAMPNEYS CHARITABLE FOUNDATION STATEMENT OF FINANCIAL ACTIVrnES FOR THE YEAR ENDED 30 APRIL 2022 Unrostricted funds 2022 Total funds 2022 Total nds 2021 Incomo from: Donations and18gacies 82.864 82,864 19,211 Total Income 82.864 82.864 19.211 Expendlture on: Ralslng fvnds Charitable activities 218 9.300 218 216 38.015 Total exp•ndllur• 9,518 9,518 38,231 N•t mov•m•nt In fvnds 73,346 73.346 {19.0201 Roconclllatlon of fvnds: Totsl funds brought fi)￿ard Net movement In funds 9,412 73.346 9,412 73.346 28,432 {19,020) Total fund• ¢4rrf•d forward 82,758 82,758 9,412 The Statement ol financxal acbwts$ Indudes all gains and losses fecognlsed In the ￿ar. The notes on pages 8 to 1S form part of these financl81 sLqlements. Page 6

CHARITY NUMBER: 1114429 CHAMPNEYS CHARITABLE FOUNDATION BALANCE SHEET FOR THE YEAR ENDED 30 APRIL 2022 2022 2021 Note Current assets Debtors Cash at bank and in hand 11 6.834 80.124 12.300 86.958 12.300 Creditors: amounts falling duo V•ithin year 12 (4.200) 12,888) N•t curront a$s•ts 82,758 9,412 Total not aM•l• 82.758 9,412 Charlty funds Unre8trlcted funds 14 82,758 9,412 Total funds 82.758 9,412 Th8 finandal statements were approved and aUth￿iSed for issue by the Trustees and 8￿Jned on th8ir behalf by. orothy Trustee urd OBE Paul Mttchell Trustee Dale: 2uZ The noles on pages 810 15 fomi part of these financial slatements. Page 7

CHAMPNEYS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 G•ngral Infomiallon Champneys Charitsble Foundalion is an unincorporated charity registered v￿h th8 Charity Commission under charity number 1114429 arKI is constituted under a Trust deed dated 4 Apn"12006. The financial statements are presenled in Sterling 1£) which is the funethjnal curr8ncy of the charity. Monetary amounts in these financial ststements are rounded to the nearest £. Accountlng pollckn• 2.1 Basis of pr•p•rntlon of fin•n¢lal stat•m•nta The financial statements are Prepared on a going corKem basis under the historical cost o)nvenllon. The accounts {finan¢ial slatementsl have been prepared in accordanc• with the relevant verslon of the Statement of Rgcommended Practica applicablo lo ch8riti8s preparing Ihelr account$ In accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued in October 2019 and the Charitigs Act 2011 and UK Generally Accept8d A¢counllng Practice as il applies from 1 January 2019. The accounts (financial statements) have been prepared lo give a 'lrue and faSr' vlew and have departed from th• Charities {Account5 and Reports) R8gulalion$ 2008 only lo the 8xtent requlred to provide a 'true and fair vievl. This departure has invofvad following the relevant vèrsion of thg statement of Recommended Prath"￿ applicable to charib'os preparing their accounts In accordance wlth the Financial ReFQrting Standard applicable in ts UK and Republic of Ireland {FRS 102) rather than the A¢counling and Reporting by Charities.. Statement of Recommended Pra¢tl¢e effecllve from 1 Aprll 2005 ¥thich h88 ￿nce boon wilhdrawn. Champn8yts Charltable FoundatM)n meets the definition of a public benefit entlty undor FRS 102. Assets and liabilities are Initlally r•cognised at hI￿On¢al cost or tran8actlon value unless ￿herwISe statod In the relevant ac¢ountirvJ policy. 2.2 Golng concern Thé trustees Cons￿er Ihal there are no matarial u￿ertainti8s o)ncemlng the ¢harftys ablllty lo onlinue as 8 going concem. The tnjsteas arè of the opinion that the ¢harity has negligible fix6d Tecurring overheads arKI therefore havirKJ eonsidergd post yearryend financial Tesults and cash reserves, the trustees have a reasonab￿ expectation that the charity has adequate resour¢o$ 10 continue in operational existence for the foreseeable future. Thus, thè trustees conUnue lo adopt the going concem basis of accounting in preparing the finanoal statements. 2.3 Charftable lunds Unrestricted funds arg avaiLgble for us8 at the discretion of the trustees in furtherdnce of th8iT chadlable objectives unless Ihe funds havo bgen designated for other purposes. Restricted funds are subject to spectfie conditions by donors a$ to how they may be used. The charity had no restricted fijnds for the period urKler review. Page 8

CHAMPNEYS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 Ac¢ounting pollclos ￿1￿)gent asset. 2.5 ExpOndI￿r• l expendrlure is recognlsed on an accruals basls. Expendrture Is recognlsed on¢8 Ihere Is 818gal or o)n8tructfve obligation to transfer g¢onomlc benefit to a third party, it is prOba￿e that a transfer of economic benefits wll be required In $6ttlemenl and tho amount of the obllgation Can bg measured reliably. Expgndilure is classified by a¢tlvlty. The costs of gach aclivity are made up ol the total of direct costs and shared costs. includlng support costs involved in undertaking oach acbvty. Dlrecl costs attdbutable to a slngle acllvlty aTg allocated dIrec￿Y to that activty. Shared costs vthich contrlbute to more than one aclfvity and sUPPOrt costs which are not attributable lo a single activity are appOrt￿ned be￿n those actlvllles on a basis consislenl with Ihe use of resources. Expenditure on raising funds indudes all expenditure incurred by Ihfr Charity to raise funds for Its charitable purpos¢s and includes costs of all fvndraising activities and events. Expenditur8 on charitable activities is incurred on direclly undertaking the actlvities vthkh furthor the Charity$ obj'ectives, as well as any a￿O￿aled support Costs. All expenditure is inclusNe of irreworable VAT. 2.6 Cash at bank and In hand Cash at bank and in hand Indudes cash and short-temi highly liquid investments wlth a short maturtty of three months or less from the dale of acquistknon or op&ning of the deposll or similar account. 2.7 FIMn¢lal Instrum•nls The Charity has elected to apply Sections 11 and 12 of FRS 102 in respect of financial inslrumenls. Financial assets and financial liabilities are re￿nised when the Charity becomes party to th8 contractual provish)ns of Ihe instrument. Financial liabllities are dassified acLording to the substance of the ¢xJntractual arrangements entered into. The ChaiiW$ p)licies for its major dasses of financial assets and financial liabilities are sel oul below. Page 9

CHAMPNEYS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 Accounting pollcl•s (contlnued) Flnanclal Inslruments Icontlnued} Financlal a88•ts Basic financial assets. indudirvJ trade and other debtors. cash and bank balances are initially recognised at transaction price. unless the affangoment constitutes a financing transaction, wher8 the transaction is measured at the present value of the future receipts dlscountgd al a market rate of interest for a gimilar debt instrument. Finanung transath'ons are those in which payTnent is deferred beyond nomial trMJsiness letm5 or is financed al a rale of interest that is not a market rate. Such assets are subsequenlty carried at amorlised c￿t u$lng ts effective interest method. less any impaimienl. Flnanclal Ilabllltl Bask financial liablltiles. Including trade and other ¢reditors ar8 initialty recognised at Iransacllon prlce. unless the arrarvJemenl constilules a financAng transaction, where the debt instrument Is measured at Ihe present value of the future payments discounted al a market rate of Interest for a 81miiar debt inslrumenl. Financing transactions are those in which payment is deferred b&yorKI mial business tenr or Is financed at a rate of inlèffjst that is not a market rate. Debt In$trum8nls 8re subsequenty carried al amortisod cost, using the effoctlV8 Interest rate mgthod. Impalrm•nl of Ilnanclal a•Mts Flnancid assets measured al cost and amorti$8d cost are assessed al the end of eath reporting peri¢)d for obj'ective evidence of Impaimont. If objective evidence of impairment is found, an Impai￿ent loss Is recognised in profil and loss account. For financial assetg measured al Cost lèss impaim)ent. iMpalm￿nt kjss is measured 8S the diff8rence be￿etn the asset's Cary￿n9 amount and the best estimate of the amount the company would receive for the asset if rt ￿re to bg sold al the reporting d8t•. For financlal assets measured al amortise(I cost, the impaimnt lo$$ 13 measured as the difference befv4een the assefs carrying amount and the present value of 85bmated ¢a5h flows discounted at the asset's orlginal effective intgrgsl rate. 11 the financial asset has a variable interest rate. the discount rate for measurfng any impahment k)8s is the current effe¢Uv• interest rate detemiined under the ntract. If there Is a decrease in the impalnr￿n* loss arfslng from an event occurring after the impairment was recognlsed. the impairment is reversed. The reversal is such that the current carrying amount does not ex¢xed what the carr￿r￿j amount would have been had the impairment not previously been recognised. The impairment reversal is reco9nised In profit or loss. D•rocognltlon of flnanclal assets and flnancial liablllU•s Finan¢ial assets are derec(xJnised when lal the o)ntractual rights to the cash flows from the asset expire or are settled. or (bl substantialty all the risks and rewards of the ownership of the a$sel are Iran$ferred lo another paty or Icl despite having retained some significant risks arKI rewards of ownership. control of the asset has been transferred lo anothgr party has the practical abilrty to unilaleraly sell the asset lo an unrelated thlrd paty 7Mthout imwsing additional restricbons. Page 10

CHAMPNEYS CHARrrABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 Accountlng poll¢10s {¢ontlnu•d) Flnanclal Inslrurnonts {contlnuodl Financial liabilities are dereLWnIs￿ vthen the liabilty is exUngubI￿d. that is wh8n th& contractual obligation is discharged. ￿ncelled ty expires. Offs•ttlng of flnanclal as8•ts and financlal Ilab11511•s Financial assets and liabilrlie$ are offset and the net amount reported In the balance sheet when Ih8re is an enforceable right to sel off the rec(Jnised amounts and there is an intention lo $6ttle on a net basis or to realis6 the asset and setue Ihe liabilty $lmultaneously. EmployM• There were no emplow during the year (2021- 0). A8 Suth the￿ were no employees who re¢eived beneffts (exdudirwj èmployor ￿nSIon costs) of more than £60.000 durlng the ￿ar {2021- 0}. In¢om• from donatlon and l•gaclo8 Unr•¥trfcted funds 2022 Total fund$ 2022 Total funds 2021 Donations 82,864 82.864 19,211 Total 2021 19.211 19,211 Page 11

CHAMPNEYS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 Exp•ndituro on ralslng funds Fundralslng •xp•nvs Unrestricted funds 2022 Totsl fvnd$ 2022 Total funds 2021 Fundraising expen88 218 218 216 Total 2021 216 216 Analy•ls of exp•ndl￿r0 by a¢tlvlti•s Grnnt funding of activitles 2022 Support costs 2022 Total fund¥ 2022 Totsl funds 2021 CharllatAe actlvili8S 9,300 38,015 Total 2021 36.152 1,863 38,015 Anatysls of grnnts Grants to Imtilutions 2022 Total funds Total fund$ 2021 2022 Total grants 5,000 36,152 Total 2021 36,152 36,152 Page 12

CHAMPNEYS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 Grants to Instltutlons 2022 2021 Haven House Canc8r Hair Care Open Bionics Better Mobilty 5,000 15,000 12,300 8.852 5,000 36.152 Ind•pond•nt oxamln•f• remun•ratlon The indèpendent examinels remuneratlon omounls to an independent examiner fee of £4,200 {2021 - £1.9001. 10. Trust•M' r•munar•tl¢)n and •xp•n•o• Durlng the year, no Trustees receNed any remun•ration or other benefits12021- £NILI. During th8 year ended 30 Apdl 2022, rx) Twstee expenses have been Incurred {2021- £NILI. 11. D•btorn 2022 2021 Due wlthln y•ar Other debtors 6.834 6.834 12. Crgditorn: amounts hlllng duo withln one y•ar 2022 2021 Other Creditors Accruals and deferred income 1,088 1,800 4200 4,200 2.888 Page 13

CHAMPNEYS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 13. Flnanclal instruments 2022 2021 Flnanclal assets Financial assets measured at fair value through income arKI expeThJiture 80,124 12,300 Financial assets measured at fair value through Inco￿ and expenditure includes cash al bank. 14. Stat•mont of fvnds stat•m•nt of fund$ . ¢urr•nt year Bal•nc• at 30 Aprll 2022 Balance at 1 May 2021 Incom• Exp•ndltur• Unr••tTldgd funds G8naral Funds - all funds 9,412 82,864 (9,518} 82,758 Stat•m•nt of lund• . prlor y•ar Balance at 1 May 2020 Balance at Incomo Expenditure 30 Aprll 2021 Unr•slrlct•d funds Géneral Funds- all furKI$ 28,432 19,211 {38.231) 9.412 15. Analysls of n•t assets b•twoen funds Anatysls of nat us•ts b•lwoon funds- CUTrnnl y•ar Unrestrlcted funds 2022 Total fund¥ 2022 Current assets Creditors due within on8 year 86.958 {4,21)01 8fj.958 {4.2001 Total 82.758 82.758 Page 14

CHAMPNEYS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 15. Anatysls of not assets between ￿ndS (continu•d) Anatysls of n•t ass•ts between funds - prlor y•ar Unrèstricted funds 2021 Total funds 2021 Current assets Creditors due within one year 12,300 {2.888) 12.300 12,888) Total 9,412 9,412 16. R•l•t•d party tranuctl¢)n• Included in other debtors 18 an amount of £6,834 {2021 '. £1.088 ¢reditorl due from Champneys Henlow Umlted Group companles. Page 15