CHRIST CENTRAL CHURCH LTD
(REGISTERED NUMBER .. 05899387)
TRUSTEES, REPORT AND UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024

CHRIST CENTRAL CHURCH LTD
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
Company number
5899387
Registered Charity Number
1118477
Principal / re8lstered address
The Acorn Bookshop
109 Palmerston Road
Southsea
Hampshire
P05 3PS
Trustees during the year
and to date:
N Buchanan
H North
P McBeth
M Blatt
D Tyrrell
(appointed 21 September 2023)
Bankers
HS8C
118 Commercial Road
Portsmouth
Hampshire
POI IEP
Independent Examiner
C J Goodhead FCA
Knight Goodhead Limited
7 Bournemouth Road, Chandler's Ford, Eastleigh,
Hampshire, S053 3DA

CHRIST CENTRAL CHURCH LTD
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
Introduction
The Trustees present their annual report and the unaudited financial statements for the year ended 31
August 2024.
The legal and administrative information set out on below forms part of this report. The financial
statements comply with current statutory requirements, the Memorandum and Articles of Association,
the Companies Act 2006, the requirements of the Charities Act 2011 and the Charities SORP (FRS 102).
Structure Governance and Management
Governln8 Document
The charity is a company limited by guarantee. In the event of the company being wound up durln8
the period of their membership lor within a year followin81, members undertake to contribute such
amounts as may be required up to a maximum of £10.
The charity was established under a Memorandum of Association, which established the objects and
powers of the charitable company and is governed under its articles of association.
Appolntment. retlrement. and training of the Trustees
Any candidate approached as a potential trustee is selected on their knowledge and skill, and
involvement within the church. The candidate will be required to declare their belief in and allegiance
to the Statement of Beliefs.
In addition to the statutory powers of appointment. a new trustee may be appointed by a resolution
passed by a majority of the trustees.
Governance of the Charity
The charity is managed by the trustees who for the period under review delegated day to day
responsibility to A North.
Risk management
The Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems
and procedures are in place to mitigate exposure to those major ri5k5.

CHRIST CENTRAL CHURCH LTD
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
Objects of the charity
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what
activities the charity should undertake.
Our objectives
The charitWs objects are as follows:
To advance the Christian faith in accordance with the Statement of Beliefs in Portsmouth and
the surrounding Solent region and in such other parts of the United Kingdom or the world as
the trustees may from time to time think fit and to fulfil such other purposes which are
exclusively charitable according to the laws of England and Wales and are connected with the
charitable work of the trust.
To relieve persons who are in conditions of need and hardship or who are aged and sick and to
relieve the distress caused thereby in the Portsmouth area and In such parts of the United
Kingdom or the world as the trustees may from time-to-time think fit.
To advance educatlon In accordance with Christian prlnciples by such means as the trustees may
consider appropriate.
To provide community facilities for recreational and other leisure time occupation in the
interests of social welfare for persons who have need by reason of their youth, poverty, or social
and economic circumstances with the object of improving their conditions of life in the Solent
region.
It is our desire to know Christ personally and to make him known in the Solent area and to the
ends of the earth.
Achievements and performance
The work of the church has focussed solely on fulfilling its charitable objectives. Specific highlights in
the report below are structured around connectin8 people to faith {CONNECT), caring for the church
and the surrounding community (CARE), advancin8 Christian education (COACH), and supporting
or8anisations with the same aim (COMMISSION).
All activities were conducted to serve the vision of the church: 'to see lives ond communities, in, around
and beyond Portsmouth transformed by the Gospel, enjoying God ond glorifying Him in all things., In
pursuit of this vision a new congregation was planted into the Milton/Baffins area of the city to bring
hope and share truth to this specific community. Since September 2023, the church has two Sunday
morning gatherings, with one specifically designed to reach the Milton/Baffin5 area.

CHRIST CENTRAL CHURCH LTD
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
CONNECT
Our Sunday morning services took place at the John Pounds Centre {POII and Shore Avenue, with the
sermon continuingto be streamed online. Havingan online presence continued to enable Christ Central
Church to connect with people across the region. including overseas, so that they could hear biblical
teaching and the message of the 8ospel of Jesus Christ.
Our mid-week groups continue to provide an opportunity for church members to make friends, 8row
in faith and connect with the life of the church. Our Little Ones Stay and Play parent and toddler group
continued to provide an opportunity for parents of youn8 children in the community to connect with
parents in the church. Our annual Light Party, an alternative to Halloween, and Kids and Family Feasts
helped children and families to connect together.
This year, Christ Central Church partnered with the Great South Run, providing marshals, and hosting
route-side refreshments stop for spectators. It was a great privilege to support the event and have
many thousands run past our POI venue. Easter and Christmas events helped non-churched people to
connect socially with church members leading to Invitations to join us on a Sunday morning to hear
Christian teaching.
The church membership increased sl8niflcantly this year, and 8 people were baptlsed on Sunday
mornings. While the number of donors has increased, the total amount donated through regular
donations were the same as the year before.
CARE
Our group ministry is the prlmary mechanism for connecting attendees to care withln the church. We
supplemented our groups with whole church meals lincludin8 a B8Ql to help more people in the church
to get to know one another.
We continued to have the opportunity to care for our local community through providing Christmas
Hampersto the most vulnerable. This yearwe gave hampers in the Portsea area, the help of the Portsea
Housing Office, and Milton/Baffins with the help of Langstone Primary School.
We have church members volunteering with various organisations in the city that seek to bring hope,
incl. Street Pastors.
COACH
In addition to Gospel-centred preaching every Sunday at the John Pound5 Centre, and online, the church
provided Christian education through our mid-week meetin8s and various courses.
This year the church conducted a variety of course5 and events to educate members of Christian Biblical
principles: Pre-marriage preparation, Fix Your Focus, and membership courses. Men's and Women's
events happened termly to provide an additional opportunity to coach, care and connect. A group
attended Commission's Students and Twenties Conference, and the church ran a 'Summer Special, day
of training and ministry for Students and 20s.

CHRIST CENTRAL CHURCH LTD
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
The church financially supported a staff member to undertake the 'Level 3, Post Graduate Diploma in
theology with the Commission network. A staff member also attended the THINK Theologi conference.
COMMISSION
In addition to funding the church programme, IO% of the income given was distributed as a tithe to
support the work of Commission (our partner network of churches), and local and global organisations.
Global initiatives supported include A Fonte Church in Penafiel, Compassion UK, Christians in Action,
International China Concern, Springs of Life and Hope, and two international missionarie5. The church
also sponsored two students on short term mission in Serbia and gave a gift for the Soteria Trust who
operate a Chrlstian educational establlshment in Nigeria.
Local and national organisatlons supported this year include UCCF, Faith in Football, Street Pastors, Hope
into Action Portsmouth, City of Sanctuary, and the One Body church unlty 8roup. While the Pregnancy
Counselling work is Portsmouth closed this year. the church is in the process of preparin8 a new work
for 2025.
Flnanclal revlew
Forthe financial year ended 31 August 2024 the charity had a deficit of £2,280 (2023: deficit of £16,434).
Total income in the period was £226,330 (2023: £243,469), with expenditure of £228,610 {2023:
£259,903).
Total funds at 31 August 2024 were £55,790 {2023'. £58,070), all of which relates to general funds.
Reserves Policy
Since the inception of the charlty, it has been the policy of the trustees to retain resources sufficient
to cover the equivalent of two months of charitable expenditure.
At the balance sheet date free reserves {8eneral funds less the amount held as fixed assets) of £52,073
(2023: £53,096) are equivalent to Just over two and a half months of charitable expenditure. The
trustees will continue to monitor the level of reserves, and the charity's reserve5 policy, in the new
financial period.

CHRIST CENTRAL CHURCH LTD
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
Statement of responsibilitles of the trustees
The trustees are responsible for preparing the Annual Report and the financial statements in
accordance with the applicable law and the United Kingdom Generally Accepted Accounting Practise
(UK GAAP).
The Charities Act requires the Trustees to prepare financial statements for each financial year which
give a true and fair view of the state of affairs of the charity at the end of the year and of the surplus or
deficiency for the year then ended.
In preparing those financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently.
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 goin8 concern basis unless it is inappropriate to
presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose wlth reasonable
accuracy at any time the financial position of the charity and to enable them to ensure that the financial
statements comply with the Companies Act 2006. The Trustees are also responsible for safe8uarding
the assets of the charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
This report has been prepared in accordance with the small companies regime under section 419(2) of
the Companies Act 2006, and in accordance with the Statement of Recommended Practice applicable
to charities preparing their accounts in accordance with FRS 102 (effective January 2019).
Approved by the trustees and signed on their behalf by
Trustee
Date:

INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CHRIST CENTRAL CHURCH
I report to the trustees on my examination of the accounts of Christ Central Church for the year ended
31 August 2024 set out on pages 8 to 17.
RESPONSIBILITIES AND BASIS OF REPORT
As the trustees of the company (and also its dlrectors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies
Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eli8ible for independent examination, I report in respect of my examination of
your charity's accounts as carried out under section 145 of the Charities Act 2011 {the '2011 Act,). In
carryin8 Out my examination I have followed the Directions given by the Charity Commission under
section 145(5){b) of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examlnation. I conflrm that no matters have come to my attention in connectlon
with the examlnation giving me cause to believe:
l) accounting records were not kept in respect of the company as required by section 386 of the 2006
Act; or
2) the accounts do not accord wlth those accounting records; or
3) the accounts do not comply with the accountin8 requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a 'true and fair, view which is not a matter considered
as part of an independent examinatlon; or
4) the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended practice for accounting and reporting by charities applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland {FRS 102).
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
C J Goodhead FCA
Knight Goodhead Limited
Chartered Accountants
7 Bournemouth Road
Chandler's Ford, Eastleigh
Hampshire S053 3DA

CHRIST CENTRAL CHURCH LTD
(Company limited by guarantee and not having share capital)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024
(Including Income and Expendlture account)
Unrestricted Restrlcted Totsl funds Total funds
funds
funds
2024
2023
Notes
INCOME
Donations and legacies
Charitable activities
Investment income
221,329
3,586
661
754
222,083
3,586
661
232,095
10,683
691
TOTAL INCOME
225,576
754
226.330
243,469
EXPENDITURE
Charitable actlvities
227,621
989
228,610
259,903
TOTAL EXPENDITURE
227.621
989
228,610
259,903
NET EXPENDITURE FOR YEAR
BEFORE TRANSFERS
12.045)
(235)
(2,280)
(16,434)
TRANSFERS BETWEEN FUNDS
NET EXPENDITURE FOR THE YEAR
12,045)
(235)
(2,280)
16.4341
TOTAL FUND BALANCES BROUGHT FORWARD
57,835
235
58,070
74,504
TOTAL FUND BALANCES CARRIED FORWARD
55.790
55,790
58,070
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derives from continuing activities.

CHRIST CENTRAL CHURCH LTD
(Company limited by guarantee and not having share capital)
COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023
(Including Income and Expenditure account)
Unrestrlcted
funds
Restricted Total funds
funds
2023
Notes
INCOME
Donations and legacies
Charitable activitie5
Investment income
231,425
683
691
670
10,000
232,095
10,683
691
TOTAL INCOME
232.799
10,670
243.469
EXPENDITURE
Charitsble activities
249,073
10,830
259,903
TOTAL EXPENDITURE
249,073
10.830
259,903
NET EXPENDITURE FOR YEAR
BEFORE TRANSFERS
(16,2741
{160)
(16,434)
TRANSFERS BETWEEN FUNDS
NET EXPENDITURE FOR THE YEAR
(16,274)
(160)
(16,4341
TOTAL FUND BALANCES BROUGHT FORWARD
74,109
395
74,504
TOTAL FUND BALANCES CARRIED FORWARD
57.835
235
58.070

CHRIST CENTRAL CHURCH LTD
(Company limited by guarantee and not having share capital)
REGISTERED NUMBER . 05899387
BALANCE SHEET AT 31 AUGUST 2024
2024
2023
Notes
FIXED ASSErs
Tangible a55et5
3,717
4,739
CURRENT ASSETS
Debtors
Cash at bank and in hand
4,100
52,344
56,444
2,903
57,983
60,886
CREDITORS: amounts falling
due within one year
14,3711
(7,555}
NET CURRENT ASSETS
52,073
53,331
NET ASSETS
55,790
58,070
FUNDS
Unrestricted funds
Restricted funds
10
55,790
57,835
235
10
TOTAL FUNDS
11
55,790
58,070
For the flnanclal year ended 31 August 2024, the charitsble company was entitled to exemption from audit
under section 477 Companies Act 2006; and no notice has been deposited under section 476. The directors
acknowledge their responsibilities for ensuring that the charitable company keeps accounting records, whlch
comply with section 386, and preparing accounts, whlch give a true and fair view of the state of affairs of the
charitable company as at the end of the year and of its surplus or deficit for the financial year, in accordance
with the requirements of section 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to accounts, so far as applicable to the charitable company.
The accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act
2006 relating to small companies.
Approved by the Trustees on Bi
ned on their behalf by
Trustee
10

CHRIST CENTRAL CHURCH LTD
{Company limited by guarantee and not having share capital)
NOTESTO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
I ACCOUNTING POLICIES
(a) Accounting convention
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) (effective l January 20191
(Charities SORP (FRS 1021), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) and the Companies Act 2006.
The charitable company meets the definition of the public benefit entity under FRS 102. Assets and liabilities
are initially recognised at historical cost or transactlon value unless otherwlse stated in the relevant accountlng
pollcy note.
The accounts have been prepared on the going concern basis. There are no materlal uncertainties about the
charitable company's ability to continue.
(b) Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general
objectives of the charitable company.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor.
(c) Income
All Income is included in the Statement of Financial Activities when the charitable company is entitled to the
income and the amount can be quantified with reasonable accuracy. The following specific policies are applied
to particular categories of income:
Donations and legacies are received by way of grants, donations, legacies and glfts and is included in full in the
Statement of Financial Activities when receivable. Grants, when entitlement is not conditional on the delivery
of a specific performance by the charitable company, are recognised when the charitable company becomes
unconditionally entitled to the grant.
Investment income is included when receivable.
Resources are deferred when, at the end of an accounting period, they have been received but the charitable
company has yet to become unconditionally entitled to them.
11

CHRIST CENTRAL CHURCH LTD
(Company limited by guarantee and not having share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
I ACCOUNTING POLICIES {continued)
(d) Expenditure
Expenditure is recognised on an accrual basis as a liability is incurred. It includes any VAT paid.
Costs are apportioned in line with the income received from that source during the year.
Charitable activities expenditure comprises of those costs incurred by the charitable company in the delivery of
its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such
activities and those costs of an indirect nature necessary to support them.
All costs are allocated between the expenditure categories of the Statement of Flnancial Activities on a basis
designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly.
(e) Tangible fixed assets
Fixed asset5 are capitalised for ongoing use within the charitable company, where the individual cost of the
asset exceeds £lOO.
Depreciation is provided on fixed assets to spread the cost over the estimated useful lives of the relevant
assets at the following rates:
Equipment
3 years straight line
(fl Penslon costs
Contributions in respect of the company's defined contribution scheme are charged to the Statement of
Financial Activitles for the year in which they are payable to the scheme. Differences between contributions
payable and contributions actually paid in the year are shown as either accruals or prepayments at the year
end.
18) Financial instruments
The charitable company only enters Into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors, cash at bank and creditors. These basic financlal
instruments are measured and transaction price. Financial assets and liabilities classified a5 due within one
year are not amortised.
2 LEGAL STATU5
The charitable company is a company limited by guarantee and ha5 no share capital. The charitable company
was incorporated on 8 August 2006 in the United Kingdom and was registered on 22 March 2007 with the
Charity Commission in England and Wales.
The registered office of the charitable company is The Acorn Book Shop, 109 Palmerston Road, Southsea,
Hampshire, P05 3PS.
12

CHRIST CENTRAL CHURCH LTD
{Company limited by guarantee and not having share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
3 DONATIONS AND LEGACIES
Unrestrlcted
funds
Restricted
funds
Total
Total
2023
2024
One off giving
Regular giving
Gift aid recoverable
12,244
171,700
37,385
221,329
754
12,998
171,700
37,385
222,083
17,080
176,527
38,488
232,095
754
4 STAFF COSTS
2024
2023
Wages and salaries
Social security Costs
Pension
123,979
6,465
10,930
141,374
142,919
7,546
12,566
163,031
The average number of staff employed during the year was 5 (2023: 7). No employee received emoluments
of £60,000 or more during this year or the prior year.
During the year £61,734 was paid to key management personnel {2023: £60,422).
At the year end there were outstanding pension contrlbutions payable of £1,184 (2023: £1,384). Total
pension contributions of £10,930 (2023: £12,566) were paid by the charitable company and are included in
the SOFA.
13

CHRIST CENTRAL CHURCH LTD
(Company limited by guarantee and not having share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
S EXPENDITURE
Unrestrlcted Restrlcted
funds
funds
Totsi
2024
Total
2023
Direct costs
Wages and salaries
Outreach
Sunday meetings
Students
Travel
Training and conferences
Advertising costs
Regional tithing
Gifts and donations
epreciation
{note 4)
141,374
13,444
19.908
1,006
1.797
5,201
933
11,035
11,481
4,070
210,249
141,374
13,679
19,908
1,006
1,797
5,201
933
11,035
12,235
4,070
211,238
163,031
13,209
25,993
1,384
1,349
3,884
166
12,260
12,484
5,801
239,561
235
(note 6)
(note 6)
754
989
Support costs
Insurance
Rent and rates
Postage and stationery
Telephone
Software
Sundry
Subscriptions
Bank charge5
Legal fees
Accountancy and examlnation fees
1,545
5,490
2,005
573
2,897
2,064
948
81
34
1,735
17,372
1,545
5,490
2,005
573
2,897
2,064
948
81
34
1.735
17,372
1,373
6,050
2,506
929
4,054
2,599
921
249
35
1,626
20,342
227,621
989
228,610
259,903
Included within accountancy and examinations fees above are amounts due to the independent examiners
In relation to independent examination of £1,200 (2023: £1,2001 and £535 for other work (2023: £426).
14

CHRIST CENTRAL CHURCH LTD
{Company limited by guarantee and not having share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
6 ANALYSIS OF GRANTS
Gift and donations (including regional tithing) made in the year totalled £23,270, of which £4,885 was
made to individuals and £18,385 to institutions {2023: £24,744 total, of which £5,264 made to individuals
and £19,480 to institutions). Gifts of £1,000 or more per institution are as follows:
Commission Apostolic Trust
11,760
7 TANGIBLE ASSETS
Equlpment
COST
At beglnnlng of year
Additions
Disposals
At end of year
43,282
3,048
{5,522}
40,808
DEPRECIATION
At beginning of year
Charge
Eliminated on disposals
At end of year
38,543
4,070
15,522)
37,091
NET BOOK VALUE
At end of year
At be8inning of year
3,717
4,739
8 DEBTORS
2024
2023
Gift aid recoverable
3,683
220
2,732
171
Prepayments
Other debtors
197
4,100
2,903
15

CHRIST CENTRAL CHURCH LTD
(Company limited by guarantee and not having share capital)
NOTESTO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
9 CREDITORS: amounts falling due within one year
2024
2023
Trade creditors
Accruals and deferred income
Other tax and social security
Other creditors
1,051
1,279
2,640
2,585
7,555
1,279
1,908
1,184
4,371
10 FUNDS
Restricted and des18nated funds are established for the following purposes:
Covid-19 Support Fund
to fund practical help to those experiencing hardship during the
pandemic
to fund employment of communlty care facilitator and allocate funds
to community campaigns.
Community Support Fund
Funds at
01-Sep-23
Funds at
31-Aug-24
Income Expenditure
Transfers
Restricted funds
Covid-19 Support Fund
Community Support Fund
Total restricted funds
235
(235)
(754)
19891
754
235
754
Unrestrlcted funds
General funds
57,835
225,576
(227,621)
55,790
Total unrestricted funds
57,835
225,576
1227,6211
55,790
Total funds
58,070
226,330
(228,6101
55,790
16

CHRIST CENTRAL CHURCH LTD
(Company limited by guarantee and not having share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
10 FUNDS {continuedl
Prior year funds movements
Funds at
01-Sep-22
Funds at
31-Aug-23
Income Expenditure
Transfers
Restricted funds
Covid-19 Support Fund
Community Support Fund
Shore Avenue
395
11601
(6701
110,0001
110,830)
235
670
10,000
Total restricted funds
395
10,670
235
Unrestrlcted funds
General funds
74, 109
232,799
{249,0731
57,835
Total unrestricted funds
74,109
232,799
1249,0731
57,835
Total funds
74,504
243,469
(259,903)
58,070
11 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Restricted
2024
Tangible fixed assets
Debtors
Bank and cash
Creditors
3,717
4,100
52,344
(4,371)
55,790
3,717
4,100
52,344
(4,371)
55,790
Net assets as at 31 August 2024
Unrestrlcted
Restricted
2023
Tangible fixed assets
Debtors
4,739
2,903
57,748
17,555)
57,835
4,739
2,903
57,983
{7,555)
58,070
Bank and cash
235
Creditors
Net assets as at 31 August 2023
235
12 RELATED PARTY TRANSACTIONS
During the year the charitable company paid remuneration to A North, who 15 the son of H North, director.
He received a salary of £56,122 (2023: £54,929) together with contribution5 into a pension scheme of
£5,49312023: £5.6121.
During this and the prior year, no trustees were reimbursed expense for costs incurred on behalf of the
charitable company.
17