@ [2jsOe oil C YFRIFWYRHARTERED SIARTREDIGACCOUNTANTS
Company registration number: 05862222
Charity registration number: 1117469
Strata Florida Trust
(a company limited by guarantee) Annual Report and Financial Statements
for the Year Ended 30 June 2025
Strata Florida Trust
Contents (continued)
| Reference and Administrative Details | I |
|---|---|
| Trustees’ Repart | 2to3 |
| Statement ofTrustees’ Responsibilities | 4 |
| Independent Examiner'sReport | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| NotestotheFinancialStatements | 8to14 |
Strata Florida Trust
Reference and Administrative Details
Trustees M A Taylor (Chair) Dr MB Antoniazzi (Secretary) R Broyd OBE 1 L Davies H M Venables GAO Parry D P Evans J Wilson E Salisbury K Murphy
Principal Office
Mynachlog Fawr Abbey Road Pontrhydfendigaid Ystrad Meurig Ceredigion SY25 6ES
Charity Registration Number
1117469
Company Registration Number
5862222
Independent Examiner
PJE, Accountants & Advisors 23 College Street Lampeter Ceredigion SA48 7DY
Page 1
Strata Florida Trust
Trustees’ Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 June 2025.
Structure, Governance and Management
The trustees as charity trustees have control of the Charity and its property and funds. The trustees when quorate consist of at least three but not more than ten individuals, all of whom must be members.
The trustees must hald at least two meetings per year. Any issue arising in such meetings may be determined by a simple majority of votes cast, provided 2 quorum is present.
Objectives and Activities
The aims and objectives of the charity are to:
1) Preserve for the benefit of the people of Ceredigion and of the nation, the historical, architectural and constructional heritage that may exist in and around the Abbey Farm of Strata Florida in buildings (including any structure or erection, and any part of a building as so defined) of particular beauty or historical, architectural or constructional interest.
2) Advance the education of the public in connection with Strata Florida and its surrounding landscape and heritage.
Trustees Powers
The trustees have the fallowing powers in respect of the administration of the Charity:
1) To appoint {and remove} any member (who may be a trustee} to act as Secretary in accordance with the Companies Act.
2) To appoint (and remove} a Chairman, Treasurer and other honorary officers from among their number.
3) To delegate any other functions to committees, consisting of two or more individuals, appointed by them. At least one member of every committee must be a trustee and all proceedings of a committee must be reported promptly to the trustees.
4) To make rules and regulations consistent with the Memorandum and Articles and Companies Act, to govern the proceedings at general meetings and committees.
Achievments and Performance
The Strata Florida Trust enjoyed another year of progress with some key strategic objectives met.
We were delighted to be given the go ahead from Cadw to manage the abbey site and visitor centre. This meant that the management and oversight of the Abbey Farm, owned by the Trust and the Abbey ancient monument owned by Cadw, could be unified for the first time. Three fully bilingual staff were recruited to reopen the Abbey Visitor Centre 7 days a week between April 1st and October 31st. The Trust also took on the maintenance of the site and the day-to-day operation of the Visitor Centre building. As we approach the end of our first full season, | am delighted to report that we have welcomed well over 5000 visitors to Strata Florida and we hope to build on this in the years ahead.
Following a successful grant application to the National Heritage Lottery Fund we were able to schedule some urgent repairs to the Mynachlog Fawr, the work should commence shortly for completion in the spring. The funding also provides for community consultation on the future use of the Mynachlog Fawr and also to fund the restoration (assisted by additional private donations) of the enigmatic painted panel from the house.
The Stables project managed on the Trust’s behalf by the World Monuments Fund progressed to the detailed planning stage with full architects drawings, a detailed QA and the further development of close relationships with Further and Higher Education bodies in order to maximise training opportunities.
The renovation of the Grade 2 listed Stables buildings is intended as a hands on training opportunity for apprentices in various heritage building skills and as an ongoing training facility on the completion of the renovation phase. Subject to final funding approvals we hope that work will start onsite in the spring of 2026.
Page 2
Strata Florida Trust
Trustees’ Report (continued)
Achievments and Performance (continued)
The Archaeology Field Course enjoyed its fourth successful year of operation with over 70 students attending. The course further extended our understanding of the scope of the abbey buildings and in 2026 will open a new area of excavation around the site of the abbey mill.
In our second year of funding from NRW for community engagement we ran further well attended Mining days and some highly successful visits for local schools-an area that we wish to build on further.
Thanks again go to our expanding and enthusiastic team of volunteers who continue to run the exhibition in the restored Ty Pair building and for their work cataloguing the contents of the Mynachlog Fawr and putting them into safe storage - as well as for keeping morale high at all times with excellent home baked cakes!
The Trust continued to increase its capacity and capabilities to implement the next stage of its development with the appointment of anew administrator freeing up capacity for our Operational Director to move into a more Strategic role. Strengthening our operational capability and our governance remains a key objective with further progress made during the year.
The board appointment three additional! Trustees Eurig Salisbury and Ken Murphy and Jasmine Wilson. Two trustees retired and | would like to thank Dafydd Johnston and Eurwyn Wiliam, for their service and contribution to the board during their tenure.
Page 3
Strata Florida 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 trustees are responsible for the preparation of financial statements for each financial year, The trustees must not approve the approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and ofits incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
-
:- select suitable accounting policies and apply them consistently;
-
:- observe the methods and principles in the Charities SORP;
:- make judgements and estimates that are reasonable and prudent;
-
:- State whether applicable UK 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 charitable entity 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 applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees of the charity on
and signed on its behalf by:
Trustee Mebac
Page 4
Strata Florida Trust
Independent Examiner's Report to the trustees of Strata Florida Trust
| report to the charity trustees on my examination of the accounts of the charity for the year ended 30 June 2025 which are set out on pages 6 to 14.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
:- examine the accounts under section 145 of the 2011 Act; :- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5){b) of the 2011 Act; and
:- to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes cansideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view' and the report is limited to those matters set out in the next statement.
Independent examiner’s statement
in connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
:- to keep accounting records in accordance with section 130 of the Charities Act 2011; and + to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
(2} to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached,
HAZZ..
23 College Street Lampeter Ceredigion SA48 7DY
==> picture [82 x 6] intentionally omitted <==
----- Start of picture text -----
Dates a.ceccesesssccsesseecseneees
----- End of picture text -----
Page 5
Strata Florida Trust
Statement of Financial Activities for the Year Ended 30 June 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
==> picture [395 x 491] intentionally omitted <==
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|Total|
|Funds|Funds|2025|2024|
|Note|£|£|£|£|
|Income|and|Endowments from:|
|Donations|and|legacies|2|63,772|110,443|174,215|151,928|
|Other|activities|17,037|0|17,037|7,511|
|Total|Income|80,803|110,443|191,252|159,439|
|Expenditure|on:|
|Raising|funds|3|(68,286}|(68,607)|(136,893)|88,903|
|Charitable|activities|(53,699}|{Q)|(53,699)|58,214|
|Total|Expenditure|(121,985)|{68,607}|{190,592}|(147,117)|
|Net {expenditure}/income|(41,176)|41,836|660|12,322|
|Net movement|in|funds|{41,176}|41,836|660|12,322|
|Transfers|between|funds|9,207|(9,207)|¢]|ij|
|(31,969)|32,628|660|12,322|
|Reconciliation|of funds|
|Total funds|brought forward|137,456|409,462|546,918|534,596|
|Total funds|carried forward|105,487|442,091|547,578|546,918|
|Unrestricted|Restricted|Total|Total|
|Funds|Funds|2024|2023|
|Note|£|£|£|£|
|Income|and|Endowments|from:|
|Donations|and|legacies|116,184|35,744|151,928|117,952|
|Other|activities|7,511|ie]|7,511|21,266|
|Total|Income|123,695|35,744|159,439|139,218|
|Expenditure|on:|
|Governance and|non-charitable|activities|(65,878)|(23,025)|{88,903}|(47,889)|
|Charitable|activities|(58,214)|{0}|($8,214)|(81,874)|
|Total|Expenditure|{124,092}|(23,025)|(147,117)|{129,763}|
|Net|(expenditure)/income|397|(12,719)|12,322|9,455|
|Net|movement|in|funds|397|(12,719)|12,322|9,455|
|Transfers|between funds|45,858|(45,858)|0|0|
|45,461|(33,139}|12,322|9,455|
|Reconciliation|of funds|
|Total|funds|brought forward|91,995|442,601|$34,596|525,141|
|Total|funds carried|forward|137,456|409,462|546,918|534,596|
----- End of picture text -----
Page 6
Strata Florida Trust
(Registration number: 1117469) Balance Sheet as at 30 June 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible Assets | 661 | 1,059 | |
| Heritage Assets | 380,000 | 380,000 | |
| 380,661 | 381,059 | ||
| Current assets | |||
| Debtors | 15,648 | 9,180 | |
| Cash at bank and in hand | 161,695 | 169,995 | |
| 177,343 | 179,175 | ||
| Creditors: Amounts fallingduewithinoneyear | (10,426) | (13,316) | |
| Net current assets | 166,917 | 165,859 | |
| Net assets | 547,578 | 546,918 | |
| Funds ofthe charity: | |||
| Unrestricted funds | 14 | 105,487 | 137,456 |
| Restricted funds | 14 | 442,091 | 409,462 |
| Totalfunds | 547,578 | 546,918 |
For the financial year ended 30 June 2025, the charity was entitled to exemption fromaudt under section 477 of the Companies Act 2006 relating to small companies.
Trustees responsibilities:
1) The mambers have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476, and
2) The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the prparation of accounts.
The financial statements on pages 8 to 17 were approved by the trustees, and authorised for isSUC ON ......eeseeseseeerereees and signed on their behalf by:
Page 7
Strata Florida Trust
Notes to the Financial Statements for the Year Ended 36 June 2025
1. Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of ireland {FRS 102) (Issued in October 2019) - (Charities SORP (FRS 102)}, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011
Basis of preparation
Strata Florida Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Exemption from preparing a cash flow statement
The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement In these financial statements.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to cantinue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charuty befare the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is whally within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants hae been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a libility and included on the balance sheet as deferred Income to be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably, All costs are allocated to the applicable expenditure heading that aggregate similar casts to that category. Where costs cannot be directly attributed to particular headings, they have been allocated on a basis consistent with the use of resources, with central staff costs allocated 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.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both casts that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustee’s meetings and reimbursed expenses.
Page 8
Strata Florida Trust
Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially 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 charitable purposes.
Tangible fixed assets
Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Heritage assets Individual fixed assets costing £0.00 ar more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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 life.
==> picture [395 x 25] intentionally omitted <==
----- Start of picture text -----
|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Cash|and|cash|equivalents|
|Cash and|cash|equivalents|comprise cash|on|hand|and|call|deposits,|and|other short-term|highly|liquid|investments|that are readily|
|convertible|to|a|known|amount|of cash|and|are|subject|to|an|insignificant|risk|of change|in|value.|
----- End of picture text -----
Trade debtors
Trade debtors are amounts due from customers 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 interest method, less provision for impairment. A provision for the impairment of trade debtors is etablished when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities,
Are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. ,
Borrowings interest-bearing borrowings are initially recorded at fair value, net of transaction costs, Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Page 9
Strata Florida Trust
Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)
Fund structure
Unrestricted incame funds are general funds that are available for use at the trustee's discretion in furtherance of the objectives of the charity.
Restricted incame funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Page 10
Strata Florida Trust
Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)
2. Income from donations and legacies
| 2. Income fromfrom donations and legacies | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Grants, including capital grants: | ||||
| Grants from other charities | 63,772 | 110,443 | 174,215 | 151,928 |
| Totalgrantreceipts | 63,772 | 110,443 | 174,215 | 151,928 |
3. Expenditure on raising funds
Costs of generating donations and legacies
| Costs of generatinggenerating donations and legacies | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | 2025 | 2024 | |||
| £ | £ | £ | £ | |||
| Allocated support costs | 68,286 | 68,607 | 136,893 | 88,903 | ||
| Total allocated support costs | 68,286 | 68,607 | 136,893 | 88,903 | ||
| 4. Expenditure on charitable activities | ||||||
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | 2025 | 2024 | |||
| Note | £ | £ | £ | £ | ||
| Staff costs | 43,051 | 0 | 43,051 | 37,465 | ||
| Governance costs | 5 | 2,558 | e) | 2,558 | 2,090 | |
| Total charitable payments | 45,609 | 0 | 45,609 | 39,555 | ||
| 5. Analysis ofgovernance and support costs | ||||||
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | 2025 | 2024 | |||
| £ | £ | £ | £ | |||
| Governance costs: | ||||||
| Independent examination fees | 2,160 | 0 | 2,160 | 1,692 | ||
| Depreciation, amortisation and similar costs | 398 | (6) | 398 | 398 | ||
| Totalsupportcosts | 2,558 | 0 | 2,558 | 2,090 |
Page il
Strata Florida Trust
Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)
6. Salaries
The average number of employees in the year, caculated on a full-time equivalent basis was 4 (2024 - 2). The total salary payments were £80,819 (2024 - £48,985). There were no higher paid employees.
7. Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year,
8. Tangible fixed assets
| 8. TangibleTangible fixed assets | |||
|---|---|---|---|
| Furnitureand | Total | Total | |
| equipment | 2025 | 2024 | |
| £ | £ | £ | |
| Cost | |||
| At L July 2024 | 2,651 | 2,651 | 2,651 |
| Additions | 0 | 0 | 0 |
| At 30June 2025 | 2,651 | 2,651 | 2,651 |
| Depreciation | |||
| At 1July2024 | 1,592 | 1,592 | 1,194 |
| Charge in year | 398 | 398 | 398 |
| At 30June 2025 | 1,990 | 1,990 | 1,592 |
| Net book value | |||
| At30June2025 | 661 | 661 | 1,059 |
9. Heritage assets
| 9. Heritage assets | |||
|---|---|---|---|
| Total | Total | ||
| Property | 2025 | 2024 | |
| £ | £ | £ | |
| Cost | |||
| At 1 July 2024 | 380,000 | 380,000 | 380,000 |
| At30 June 2025 | 380,000 | 380,000 | 380,000 |
| Depreciation | |||
| At 1 July 2024 | 0 | 0 | ¢) |
| At 30 June 2025 | 0 | 0 | 0 |
| Net book value | |||
| At30June2025 | 380,000 | 380,000 | 380,000 |
Page 12
Strata Florida Trust
Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)
10. Debtors
| 10. Debtors | ||
|---|---|---|
| Total | Total | |
| 2025 | 2024 | |
| £ | £ | |
| Trade debtors | 10,770 | 4,613 |
| Prepayments | 4,878 | 4,567 |
| Accrued income | fe) | 0 |
| 15,648 | 9,180 | |
| 11. Cash and cash equivalents | ||
| Total | Total | |
| 2025 | 2024 | |
| £ | £ | |
| Cash atbank | 161,695 | 169,995 |
| 12. Creditors | ||
| Total | Total | |
| 2025 | 2024 | |
| £ | £ | |
| Trade creditors | 8,303 | 41,606 |
| Payments on account on longterm contracts | 0 | 0 |
| Othertaxation and social security | 968 | 964 |
| Other creditors | 537 | 134 |
| Accruals | 612 | 612 |
| 10,426 | 13,316 |
13. Pensions
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £1,280 (2024 - £1,042).
Page 13
Strata Florida Trust
Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)
14. Funds
| 14. Funds | |||||
|---|---|---|---|---|---|
| Balance ati | incoming | Resources | Balance at 30 | ||
| Jul-24 | resources | expended | Transfers | Jun-25 | |
| £ | £ | £ | £ | £ | |
| Restricted Funds | 409,462 | 110,443 | (68,607} | (9,207) | 442,091 |
| Unrestricted Funds | 137,456 | 80,809 | (121,985) | 9,207 | 105,487 |
| TotalFunds | 918 | 194,252 | (190,592) | 8B | |
| Balance at 1 | Incoming | Resources | Balance at 30 | ||
| Jul-23 | resources | expended | Transfers | Jun-24 | |
| £ | £ | £ | £ | £ | |
| Restricted Funds | 442,601 | 35,744 | (23,025) | (45,858) | 409,462 |
| Unrestricted Funds | 91,995 | 123,695 | {124,092} | 45,858 | 137,456 |
| Total Funds | 534,596 | 159,439 | (147,117) | 0 | 546,918 |
| Balanceat1 | Incoming | Resources | Balance at 30 | ||
| Jul-24 | resources | expended | Transfers | Jun-25 | |
| £ | £ | £ | £ | £ | |
| Restricted Funds | |||||
| CAVO CADW |
0 0) |
2,874 @) |
(0) (13,830) |
(2,874} 0 |
0 (13,830) |
| BontStories | 83 | 0 | (0) | 0 | 89 |
| Cultural Recovery Fund | 767 | 0 | (0) | 0 | 767 |
| Mynachlog Fawr EmergencyWorks | 0 | 61,076 | (15,632) | ie] | 45,444 |
| Cynnal y Cardi SPF | 0 | 9,533 | (9,533) | is) | 0 |
| Heritage Engagement | 20,219 | 36,960 | (29,612) | (6,333) | 21,234 |
| Ty Cardd | 600 | 0] | (0) | 0 | 600 |
| Sacred Landscapes | 3,287 | 0 | (0) | ¢] | 3,287 |
| ERF Virtual Histories | 4,500 | 0 | (0) | 0 | 4,500 |
| Heritage Asset Fund | 380,000 | 0 | (0) | fe) | 380,000 |
| 409,462 | 110,443 | (68,607) | (9,207) | 442,091 | |
| Unrestricted Funds | |||||
| Genera! | 137,456 | 80,809 | (121,985) | 9,207 | 105,487 |
| Totalfunds | 546,918 | 191,252 | (190,592) | 0 | 547,578 |
Page 14