CHRIST CENTRAL CHURCH LTD (REGISTERED NUMBER.. 05899387) TRUSTEES, REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
CHRIST CENTRAL CHURCH LTD TRUSTEE5 ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Company number 5899387 Registered Charity Number 1118477 Principal / registered address The Acorn Bookshop 109 Palmerston Road Southsea Hampshire P05 3PS Trustees durin8 the year and to date: N Buchanan H North Iresl8ned 29 January 20251 P Mc8eth M Blatt D Tyrrell A Hanner lappolnted 31 March 2025) 8anker5 HSBC 118 Commerclal Road Portsmouth Hampshire POI IEP Independent Examlner C J Goodhead FCA Kni8ht Goodhead Llmlted 7 Bournemouth Road, Chandler'5 Ford, Ea5tleigh, Hampshire, S053 3DA
CHRIST CENTRAL CHURCH LTD TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Introdurtlon The Trustees present their annual report and the unaudited financial statements for the year ended 31 Au8USt 2025. The legal and administrative information set out on below form5 part of this report. The flnancial Statements comply with current statutory requirements, the Memorandum and Articles of Association, the Companies Act 2006, the requirements of the Charlties Act 2011 and the Charities SORP IFRS 1021. Structure Goverrnan and Management Governlng Document The charlty 55 a company limited by guarantee. In the event of the company beln8 wound up during the period of thelr membership lor within a year followin81, members undertake to contribute such amounts as may be required up to a maxlmum of £10. The charity was established under a Memorandum of Associatlon. whlch established the objects and powers of the charitable company and is governed under it5 artlcle5 of associatlon. Appolntment, retlrement. and tralnlng of the Trustees Any candldate approached as a potential trustee Is selected on their knowledge and sklll, and Involvement within the church. The candidate wlll be required to declare their belief in and allegiance to the Statement of Bellefs. In addition to the statutory powers of appointment, a new trustee may be appolnted by a resolution passed by a majority of the trustees. Governan¢e of the Charltv The charity Is managed by the trustees who for the perlod under review delegated day to day responslbllity to A North. Rlsk management The Trustees have assessed the major risk5 to which the charity Is exposed and are satisfied that systems and procedure5 are in place to miti8ate exposure to those major risks.
CHRIST CENTRAL CHURCH LTD TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Objects of the charlty 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 falth in accordance with the Statement of Beliefs In Portsmouth and the surroundin8 Solent re8ion and in such other parts of the United Kingdom or the world as the trustees may from time to time think flt and to fulfil such other purposes which are exclusively charitable accordln8 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 dlstress caused thereby in the Portsmouth area and In such parts of the Unlted Kingdom or the world as the trustees may from time-to-time thlnk flt. To advance educatlon in accordance with Christian principles by such means as the trustees mav Consider appropriate. To provlde communlty facllltles for recreatlonal and other leisure time occupatlon in the Interest5 of Social welfare for persons who have need by reason of their youth, poverty, or Social and economic clrcumstances with the object of improving their conditions of life In the Solent region. It is our deslre to know Chrlst personally and to make him known In the Solent area and to the ends of the earth. Achlevernents and performance The work of the church thls year has been directed entlrely toward fulfillin8 its charltable objectives in, around, and beyond Portsmouth. These objective5 are: Advancin8 the Christian faith. Alleviating distress arising from need or hardship. Advancing education in Christian principles. Providin8 community facilities and recreational or leisure-time activities in the interests of social welfare. The activities outlined in this report are presented under four themes: connecting people to falth (CONNECT), carin8 for the church and wider community ICAREI, advancin8 Christian education ICOACHI, and 5UPPOrtin8 organlsatlons with aligned aims (COMMISSION).
CHRIST CENTRAL CHURCH LTD TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2025 All activities were undertaken in service of the church's vlsion: "to see lives ond communities, in, around and beyond Portsmouth transformed by the Gospel, enjoying God ond glorifying Him in all things." CONNECT Sunday services were held at the John Pounds Centre IPOII and the Stacey Community Centre, wlth sermons also streamed online. Mid-week groups contlnued to offer opportunltles for frlend5hlp, discipleship, and deeper en8a8ement In church life. The Little Ones Stay and Play group provided a welcomin8 environment for parents and carers of young chlldren to connect with one another and with members of the church. Community events such as the annual Li8ht Party and the Easter Fun Day helped families build relationships and engage with the church in a relaxed settin8. Seasonal events at Easter and Christmas created further opportunities for those wlth little or no church back8round to meet church members, leadin8 to invitations to attend Sunday services and explore the Christian faith. Over the course of the year, the number of new visitors to the church doubled. The church's membership process was reviewed and strengthened to ensure that newcomers are Inte8rated meaningfully into church life. Four individuals were baptised during Sunday servlces. The number of donors increased by 4%, and overall 8iving increased by more than IO%, indicatlng growln8 en8a8ement with the church's charitable alms. CARE Group ministry remalned the primary means of provldlng pastoral care withln the church. A new bi-monthly coffee morning was establlshed at the Stacey Communlty Centre, offerlng mid-week social connectlon for those not in work, Thls has been particularly beneflcial for retlred individuals, Isolated resldents, and parents of youn8 children. The church also Increased the number of whole-church meals and social events to strengthen relationships and welcome those from outside the church community. The church continued to support vulnerable households through the provislon of Christmas Hampers In the Portsea and Milton/Baffln5 areas, workin8 in partnership with the Portsea Housin8 Office and Lan8Stone Prlmary School. Church members volunteered with several local organlsations seekin8 to bring hope and support to those in need, including City of Sanctuary, Street Pastors, and the Life House. The church a150 continue(I to support two Hope into Action houses in the clty, providing prayer and prartical care for tenant5 rebuilding their lives. A sm311 team travelled to support and pray for church leaders from North African nations, and Interns participated in a trip to encourage a church Sn a nation where Christians face persecution. COACH Alongside weekly 805pel-centred preachin8 at both congregations and online, the church provided Christian education throu8h mid-week meetings and a range of courses and events.
CHRIST CENTRAL CHURCH LTD TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Courses delivered this year included Pre-Marrla8e Preparation, Fix Your Focus, and membership course5. Termly men's and women's events offered additional opportunities for teaching, discipleship, and community. A group attended Commission's Students and Twenties Conference, and the church hosted a "Summer Special" day of trainin8 and ministry for students and young adults. The church funded three interns to participate in the Commission Intern Programme while serving wlthin the church community. In addition to receiving training and mentoring, they contributed to administration, social action, and children's ministry. The Lead Elder also served and equipped leaders in Portugal by teaching at a conference on the Heart of Worshlp. COMMISSION In addition to funding its own programme, the church distributed IO% of its income as a tithe to support the work of Commission lit5 partner network of churches) and other local, natlonal, and Internatlonal organisations. Global initiatives supported included A Fonte Church in Penafiel, Compassion UK, Christians in Action, International China Concern, Springs of Life and Hope, and two Internatlonal missionaries. The church also assisted a student undertakln8 3 sponsored trip to allevlate poverty in Benin and contributed to former member's Discipleship Training School wlth YWAM in Albania. Local and national organisations supported Included UCCF, Street Pastors, Hope into Action Portsmouth, City of Sanctuary, and the One Body church unity 8roup. The church continued to stren8then relationshlps wlthin the Commission network, and the Lead Elder contributed to the oversl8ht and support of several local churches. Flnanclal revlew For the financlal year ended 31 Au8USt 2025 the charity had a deficit of £2,37712024.' deficit of £2,280>. Total income in the period was £257,753 12024.. £226,330), with expendlture of £260,130 {2024'. £228,610). Total funds at 31 August 2025 were £53,41312024: £55.790}. of whlch £52,79512024.' £55,7901 relates to 8eneral funds. Reserves Pollcv Since the inception of the charity, 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 reserves18eneral funds less the amount held as fixed assets) of £48,669 12024.. £52.0731 are equivalent to just over two months of charitable expenditure. The trustees will continue to monitor the level of reserves, and the charity's reserves policy, in the new financial period.
CHRIST CEKfRAL CHURCH LTD TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Statement of responslbllltles 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 GAAPI. The Charities Act require5 the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charlty 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 accountin8 pollcies and then apply them consistently; make judgements and estimates that are reasonable and prudent.. state whether applicable accounting standards have been followed, sublert to any material departures disclosed and explained in the financial statements,. and prepare the financial statements on the 80in8 concern basis unless it Is Inappropriate to presume that the charlty will continue in operatlon. The Trustees are responslble for keeping proper accountin8 records which disclose with reasonable accuracy at any time the financial posltlon of the charity and to enable them to ensure that the financial statements comply wlth the Companie5 Act 2006. The Trustee5 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 irre8ularitles. This report has been prepared In accordance wlth the small companies regime under sectlon 419121 of the Companies Act 2006, and In accordance with the Statement of Recommended Practice applicable to charltles preparing their accounts In accordance with FRS 102 (effective January 20191. Approved by the trustees and si8ned on thelr behalf bv Trustee Date.. Z3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRIST CENTRAL CHURCH I report to the trustees on my examination of the accounts of Chrlst Central Church for the year ended 31 August 2025 set out on pages 8 to 17. RESPONSIBILITIES AND BASIS OF REPORT As the trustees of the company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance wlth the requirements of the Companies Act 20061.the 2006 Act'l. Havln8 Satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for Independent examlnation, I report in respect of my examination of your charittys accounts as carrled out under sertion 145 of the Charities Act 2011 (the '2011 Act'l. In carryin8 Out my examination I have followed the Directions given by the Charity Comm1551on under section 14515llbl of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENT Slnce the charity's gr055 income exceeded £250,000 your examlner must be a member of a body listed In 5ectlon 145 of the 2011 Act. I conflrm that l am qualified to undertake the examlnatlon because l am member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I conflrm that no matters have come to my attention in connection wlth the examination 8ivin8 me cause to believe: 11 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 with those accounting records; or 31 the accounts do not comply with the accountlng requirements of sectlon 396 of the 2006 Act other than any requlrement that the accounts give a 'true and falr, vlew which 15 not a matter considered as part of an independent examlnation,. or 4} the accounts have not been prepared In accordance with the method5 and princlples of the Statement of Recommended practice for accounting and reportin8 by charities applicable to charltles preparin8 their accounts in accordance wlth the Financlal Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021. 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 understandin8 of the accounts to be reached. C J Goodhéad- Knight Goodhead Limited Chartered Account3ntS 7 Bournemouth Road Chandler's Ford. Eastlei8h Hampshire S053 3DA
CHRIST CENTRAL CHURCH LTD (Company lirnited by guarantee and not having share capital) STATEMENT OF FINANCIAL AcnviTIES FOR THE YEAR ENDED 31 AUGUST 2025 Ilncludin8 Income and Expendlture account) Unrestricted Restrlcted Totsl funds Total funds funds funds 2025 2024 Notes INCOME Donations and legacies Charitable activities 249,717 4,575 865 2,596 252,313 4,575 865 222,083 3,586 661 Investment income TOTAL INCOME 255.157 2.596 257,753 226,330 EXPENOITURE Charltable actlvities 258,152 1,978 260,130 228,610 TOTAL EXPENDITURE 258,152 1,978 260,130 228,610 NET EXPENDITURE FOR YEAR BEFORE TRANSFER5 2,9951 618 (2,377 2,2801 TRANSFERS BEfwEEN FUNDS NET EXPENDITURE FOR THE YEAR 2,995 618 2,377) 2,2801 TOTAL FUND BALANCES BROUGHT FORWARD 55,790 55,790 58,070 TOTAL FUND BALANCES CARRIED FORWARD 52,795 618 53,413 55,790 The statement of financial activities includes all gains and losses reco8nised in the year. All Income and expenditure derives from continuing activities.
CHRIST CENTRAL CHURCH LTD (Company Ilmited by guarantee and not having share capltall COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 Ilncluding Income and Expenditure account) Unrestrlcted Restrlcted Total funds funds funds 2024 Notes INCOME Donatlons and legacle5 Charitable activities Investment income 221,329 3,586 661 754 222,083 3,586 661 TOTAL INCOME 225,576 754 226.330 EXPENDITURE Charltable activitie5 227,621 989 228.610 TOTAL EXPENDITURE 227,621 989 228.610 NET EXPENDITURE FOR YEAR BEFORE TRANSFERS 2,045 235 2,280 TRANSFERS BETWEEN FUNDS NET EXPENDITURE FOR TME YEAR {2,045 235 2.280) TOTAL FUND BALANCES BROUGHT FORWARD 57,835 235 58,070 TOTAL FUND BALANCES CARRIED FORWARD 55,790 55,790
CHRIST CENTRAL CHURCH LTD (Company limited by guarantee and not having share capital) REGISTERED NUMBER . 05899387 BALANCE SHEET AT 31 AUGUST 2025 2025 2024 Notes FIXED ASSETS Tangible assets 4,126 3,717 CURRENT ASSEf5 Debtors Cash at bank and in hand 4,249 50,172 54,421 4.100 52,344 56,444 CREDITORS.. amounts falllng due within one year 15,1341 14.3711 NEf CURRENT ASSETS 49,287 52,073 NET ASSETS 53,413 55,790 FUNDS Unrestrlcted funds Re5trScted funds io io 52,795 618 55,790 TOTAL FUNDS li 53,413 55,790 For the flnancial year ended 31 August 2025, the charitable company was entitled to exemption from audlt under section 477 Companles Act 2006- and no notlce has been deposited under section 476. The directors acknowled8e their responsibilities for ensurin8 that the charitable company keeps accounting records. which comply with section 386, and preparin8 accounts, which give a true and fair view of the state of affairs of the charltable company as at the end of the year and of its surplus or deficit for the flnanclal year, in accordance wlth the requirements of section 394 and 395 and which otherwlse 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 actordance wlth the speclal provlsions of Part IS of the Companies Act 2006 relatlng to small companies. Approved by the Trustees on 13131201 an ned on thelr behalf by Trustee FÉT&£ rnc8GTh 10
CHRIST CENTRAL CHURCH LTD Icompany limited by guarantee and not havlng share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025 I ACCOUNTING POLICIES lal Accountin8 convention The financial statements have been prepared in accordance with Accountin8 and Reporting by Charities: Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191- (Charities SORP IFRS 10211, the Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 21)06. The charitable company meets the definition of the publlc beneflt entity under FRS 102. Assets and liabilities are initlally recognised at historical cost or transactlon value unle55 Otherwise stated In the relevant accounting policy note. The accounts have been prepared on the going concern basis. There are no materlal uncertainties about the charitable company's abllSty to continue. Ibl Fund accounting Unrestricted funds are avallable for use at the dlscretion of the trustees In furtherance of the 8eneral oblectlves of the charitable company. Restricted funds are subjected to restrictlons on their expendlture imposed by the donor. Icl Income All Income Is Included in the Statement of Financial Actlvlties when the charitable company is entitled to the income and the amount can be quantified wlth reasonable accuracy. The followlng speclfic policies are applled to particular categories of Income.. Donations and legacles are received by way of grants, donatlons, le8acles and gifts and is Included in full in the Statement of Flnancial Activltles when recelvable. 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 ACCOUNT5 FOR THE YEAR ENDED 31 AUGUST 2025 I ACCOUNTING POLICIES Icontinuedl Idl 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 durin8 the year. Charitable attivities expendlture comprises of those costs incurred by the charitable company in the dellvery of Its activltles and services for its beneficiaries. It Include5 both costs that can be allocated dlrectly to such activities and those cost5 of an indirect nature necessary to support them. All costs are allocated between the expendSture categories of the Statement of Financlal Activltles on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated dlrectly. lel Tangible fixed assets FSxed assets are capitalised for ongoing use within the charitable company, where the Indlvidual cost of the a55et exceed5 £100. Depreclatlon Is provided on fixed assets to spread the cost over the estlmated useful lives of the relevant assets at the following rates: EquSpment 3 years stralght Ilne If) Pension costs Contrlbution5 in respect of the company's defined contributlon scheme are charged to the Statement of Financial Actlvities for the year In which they are payable to the scheme. Dlfferences between contributions payable and contributions actually paid In the year are shown as either accruals or prepayment5 at the year end. 181 Financial instruments The charitable company only enters Into basic financlal Instrument transactlons that result In the recognition of financlal assets and liabilities like trade and other debtors, cash at bank and ¢dItorS. These basic financial instruments are measured and transaction price. Financial assets and liabilities classified as due withln one year are not amortised. 2 LEGAL STATUS The charltable cornpany is a company limited by guarantee and has no share capital. The charitable company was incorporated on 8 August 2006 in the United Klngdom and was re815tered on 22 March 2007 wlth the Charity Commission in England and Wale5. The registered office of the charitable company is The Acorn Book Shop, 109 Palmerston Road, Southsea. Hampshire, POS 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 Z025 3 DONATIONS AND LEGACIES Unrestrlrted Restricted funds funds Totsl 2025 Total 2024 One off giving Regular giving Gift aid recoverable 30,834 178,011 40,872 249,717 2,596 33,430 178,011 40,872 252,313 12,998 171,700 37,385 222,083 2.596 4 STAFF COSTS 2025 2024 Wages and salaries Social security Costs Pension 136,012 6,783 12.052 154,847 123,979 6,465 10,930 141,374 The average number of staff employed during the year was 512024., 51. No Èmployee received emoluments of £60.C4)O or more durlng this year or the prior year. During the year £63,940 was pald to key management personnel12024: £61,734). At the year end there were outstandlng pension contributlons payable of £1,502 12024: £1,184). Total employers penslon contributlons of £12,05212024: £10,930) were pald 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 2025 5 EXPENDITURE Unrestricted Restrlcted funds funds Total 2025 Total 2024 Dlrect Costs Wages and salaries Outreach Sunday meetln8S Students Interns Travel Trainlng and conferences Advertisin8 Costs Reglonal tithing Gifts and donation5 Depreciatlon (note 41 154,847 5,351 31.221 658 8,625 3.297 4.512 592 6,675 19,024 4,256 239,058 154,847 5,351 31,221 658 8,625 3,297 4,512 592 8,653 19.024 4,256 241,036 141,374 13,679 19,908 1.006 1,797 5,201 933 11,035 12,235 4,070 211,238 Inote 61 (note 6) 1,978 1.978 Support Costs Insurance Rent and rates Posta8e and stationery Telephone Software Sundry Sub5cription5 Bank charges Legal fees Accountancy and examlnation fees 1,528 5,900 2.059 900 2,652 3,039 1,168 li 68 1,769 19,094 1,528 5,900 2,059 900 2,652 3,039 1,168 li 68 1,769 19,094 1,545 S,490 2.005 573 2,897 2,064 948 81 34 1.735 17,372 258,152 1.978 260,130 228,610 Included within accountancy and examinations fees above are amounts due to the independent examiners In relation to independent examination of £1,20012024: £1,200) and £569 for other work12024.' £5351. 14
CHRIST CENTRAL CHURCH LTD (Company limited by guarantee and not having share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025 6 ANALYSIS OF GRANTS Gift and donations Ilncluding regional tithing) made in the year totalled £27,677, of which £7,546 was made to individuals and £20,131 to institutions12024.' £23,270 total, of whlch £4.885 made to Individuals and £18,385 to instltutions). Gift5 of £l,lJJ) or more per instltutlon are as follows.. Commission Apostolic Trust City of Sanctuary 13.140 1,075 7 TANGIBLE A55Ers Equlpment COST At be8inning of year Additions Disposals At end of year 40,808 4,665 45,473 DEPRECIATION At beginnin8 of year Char8e Eliminated on disposals At end of year 37,091 4,256 41,347 NET BOOK VALUE At end ofyear At beglnning of year 4,126 3.717 8 DEBTORS 2025 2024 Gift ald recoverable Prepayments Other debtors 2,929 1,123 197 4,249 3,683 220 197 4,100 15
CHRIST CENTRAL CHURCH LTD (Company Ilmlted by guarantee and not having Share capital) NOTESTO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025 9 CREDITORS: amounts falllng due withln one year 2025 2024 Trade creditors Accrua15 and deferred Income Other tax and social securlty Other creditors 1,284 2,348 1,502 5,134 1,279 1.908 1.184 4.371 10 FUNDS Restricted and designated funds are establlshed for the following purposes.. Community Support Fund to fund employment of community care facllltator and allocate funds to community campalgns, small one off donatlons for specific purposes. Other restricted donatlons Funds at 01-Sep-24 Funds at 31-Aug-25 Incorne Expendlture Transfers Restricted funds Communlty Support Fund Other restricted donatlons 1,543 1,053 2,596 11,2001 17781 11,9781 343 275 Total restricted funds 618 Unrestrlcted funds General funds 55,790 255.157 1258,1521 52,795 Total unrestricted fund5 55,790 255,157 1258, 1521 52,795 Total funds 55,790 257.753 1260, 1301 53,413 16
CHRIST CENTRAL CHURCH LTD (Company limited by guarantee and not having share capital) NOTESTO THE ACCOUNTS FOR THE YEAR ENOED 31 AUGUST 2025 10 FUNDS Icontlnuedl Prlor year funds movements Funds at 01-5ep-23 Funds at Transfers 31-Au8-24 Income Expendlture Restrlcted funds Covid-19 Support Fund Community Support Fund Total restricted funds 235 12351 17541 19891 754 235 754 Unrestrlcted funds General funds 57,835 225,576 1227,6211 1227,6211 55,790 Total unrestricted funds 57,835 225,576 55,790 Total funds 58,070 226,330 1228,6101 55,790 11 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestrlrted Restrlrted 2015 Tan8ible flxed assets Debtors Bank and cash Creditors Net assets as at 31 August 2025 4,126 4,249 49,554 15,1341 52,795 4,126 4,249 50,172 15,1341 53,413 618 618 Unrestrlcted Restrlcted 2024 Tangible fixed assets Debtors 3,717 4,IlXI 52,344 14,3711 55,790 3.717 4,100 52,344 (4,3711 55,790 Bank and cash Creditor5 Net assets as at 31 August 2024 12 RELATED PARTY TRANSACTIONS During the year the charitable company paid remuneration to A North, who is the son of H North. director (resigned 29 January 20251. He received a Salary of £58,12712024: £56,122) together with contributions into a pension Scheme of £5,81312024: £5.4931. During this and the prior year, no trustees were reimbursed expense for costs incurred on behalf of the charitable company. 17