COMPANY REGISTRATION NUMBER 6376240 THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT AND FINANCIAL SYATEMENTS (Includlng Dlrector's Report) FOR YEAR ENDING 31 MARCH 2024 Charlty Number 1122577
THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 coNrENTS PAGE Reference ond Administrative deloils Trustees, Annual Report Independenl examinerfs report to the members Slolement of financial activities (incorporating the income and expenditure account) Balance sheet Notes to the financiol 5tolemenls 8-13
THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2024 The Iruslees, who are also directors for the purposes of company law, have pleasure in presenting their report and the unaudiled financial slatements of the charity for the year ended 31 March 2023. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered charlty name The Brooklands Centre Charlly reglstration number 1122577 Company reglstratlon nvmber 6376240 Reglstered office Ousebank Street Newport Pagnell Buckinghamshire MKI 6 8AN The Truslees The Iruslee5 who Served Ihe charity during the period were as follows: Mrs S Payne Ichoirl Mrs l Henderson Ivice-chairl R Hall Esq (Treasurer) Mrs C Hall J Gordon Esq B Sidebottom Esq D Deon Esq Mrs H Taylor D Hulonce Esq Mrs P Hur51 loppointed 18 January 20241 L Freeman Esq (appointed 18 January 20241 Bankers Barclays Bank PIC Milton Keynes Independent Examiner Coral Tolley-Fletcher 114 High Street Cranfield Bedfordshire MK43 ODG
THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (conllnu•d) YEAR ENDED 31 MARCH 2024 The trustees present their report along with the financial slolements of the charily for the year ended 31 March 2024. OBJECTIVES AND ACTIVITIES The charity was first registered in 1965 to promote and assist the general good of all older citizens in Newport Pagnell. The charity's home is a spacious and attroctive building constructed in 2010 and the trustees continue to develop the opportunities this gives to provide a range of seNices highly valued by many older residents in the town. PUBLIC BENEFIT POLICY In plonning our activities for the year, the trustees pay due notice to the Charity Commission's guidance on public benefit. The charity offers services to those in need of assistonce irrespective of ethnicity, gender, sexual orienlotion or religious belief. Due to the nature of our clientele the trustees attempt to make our building. transport and octivlties as occessible as possible. For practical reasons we do r8strict the provision of Iransport primorily to Ihose resident in the town of Newport Pagnell. We are also aware of the need to ensure our seNices are offered at a price which is affordable to Ihose of limited financial resources. This is especially true in the case of our Day Cenlre where the eldest of our clientele experience some of the lowest charges in the area for this type of service. The trustees are mindful of the significant gronts received when providing Ihe new building and in assisting with the purchase of two minibuses, alongside the generous ongoing donations from groups and indlviduals wilhin the town. As well as providing funding these also acl as an encouragement to the Iruslees ond volunteers and remind us of the obligation we have to ensure we provide high qualily services for the benefit of the elderly of the lown. When space allows, we also make rooms ovailable for use by community groups and compatible services in the town. ACHIEVEMENTS AND PERFORMANCE As our main activity the Day Centre rneets three days a week and provides a meol ond a warm and welcoming atmosphere for clients. most ofwhom are in their 80's and 90's.' mosl live olone. The average age of our day cenlre members is now considerably higher than it wos o decade ago with three celebrating their I tK)Ih birthday in 2024. Our Day Centre manager and her exlensive team of volunteers do an excellent job in providing reassurance and friendship. We regularly receive feedback from members and their familie5 regarding the reol importance Brooklands plays in the live5 of many of our members. Our Iwo exercise classe5 remain very popular and have waiting li51s. The Tai-chi crosses operate with stable numbers. Our Tuesday Pop-ln refreshment continues ond the Blngo and Social Group has maintained the higher numbers seen during the previous year.. The Art Group meets twice a week and remains very successful. Our fortnightly Carers, Group remains strong. providing real encouragement to those who hove caring responsibilities al home. The lown's Community Matron has been running this group for mony years, but retired in 2022.. however. we successfully transitioned to using other professionol staff lo support thi5 very important activity. The walking group continue with great enthusiasm ond include some short minibus trips to explore new areas. The book club, gardening group ond singing group also conlinue their activities. The Solurdoy Lunch Club restarled in early 2023 ond numbers have grown lo a level higher thon pre-covid. When spare space is available the Centre is used by a number of community-bosed groups which ore compatible wilh our objeclives. These groups include Brownies. Nalional Childbirth Classes, a dementia group, church groups, the lown council etc. Our rooms are also used by a number of people who provide setvices to our own members and the community at lorge- o physiotherapist, an osteopoth and a beoulician.
THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (confrnved) YEAR ENDED 31 MARCH 2024 ACHIEVEMENTS AND PERFORMANCE (conllnued) We have four paid staft (all part-timel. Our Day Centre manager lond her Assislonl for coverl, our valued caretcker and an adminislralor. all of whom serve the Centre extremely well. We musl pay Iribule lo our Day Centre manager who not only goe5 well beyond the limils of her contracl in her commitmenl to Ihe cenlre and its members. but also brings a wide range of skills and abilities in an understoled way. but which have a massive impact on Ihe success of the Centre. The main asset of the Centre is the group of seventy volunteers who give so lirelessly and cheerfully to create Ihe right atmosphere for our members. These generous people act as cooks. carers, drivers and escorts and are the lifeblood of the Cenlre. We hove a smoll bul sleady turnover of volunteers bul are generally able to attract new people lo join the 'Brooklands Family". This is partly atlributable to our website and social media presence which in recent years has made Brooklands more widely known within the town. It is difficult lo measure our achievements from year to year. It should not be undereslimated Ihot we are able to continue lo provide an extensive range of services cnd groups for Ihe elderly in the town at very reasonable prices. To have waiting lists for some groups is evidence of the level of demand and satisfaclion wilh our provision. Our greatest achievement is lo provide purpose and enjoyment to a considerable number of people in their80's ond 90's who would otherwise have a poorer quality of life and become more dependent on state services. All Ihis is achieved without any financial support from the public seclor. We do gratefully ocknowledge the support and encouragement we receive from townspeople via donotions and support to our fundraising activities. Maintaining this goodwill is critical to us. STRUCTURE. GOVERNANCE AND MANAGEMENT The Centr8 is on incorporated Trust. It is a Registered Charity Inumber 11225771 and o Company limited by Guoronlee Inumber 63762401. The number of trustees must be at least three with no maximum. One third of the Trustees relire by rotation at the Annual Generol Meeling IAGM but ore free to be reappointed. New Trustees are appointed at the AGM bul may also be oppointed by the Trustees during Ihe year. Trustees have a personal responsibility for specific Oreos where their knowledge and experience are beneficial and there 15 ongoing review of Ihe skills and competencies of Iruslees lo meet the needs of the Centre and ils clients. The Iruslees meet aboul nine times a year lo discuss activilies, the upkeep of the premises ond vehicles and to review the Centre's financial situation. The Trustees are mindful at our meetings of potential risks and make the best orrangements lo minimise or remove such risks. The truslees have developed a wide ronge of policies and risk assessments which are periodically reviewed. The trustees have considered and have applied the principles found in the document produced by the Charity Commission- Charitie5 and Risk. They have produced a comprehensive risk matrix which review5 the risks lo Ihe charity in all respects considering risks in the areos of governance and marnogement, finance and contracts, operational activity, external foclor5 and reputation. Like Ihe other policies and risk assessments, Ihis is reviewed regularly os Ihe trustees seek to mointain and develop a thoroughly professional approach to Ihe provision of our caring services. The regulators guidance in making decision5 dealing with conflicts of interest have been followed and adequate record5 have been kepl wilh regard5 to decision making.
THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (contlnu•dJ YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW Operational income rose by 18% from £65,436 in 2022123 to £77,108 this year. Our investment income remains around £16,000 ond general donations rose from £8,767 to £1 0,424. We remoin extremely grateful for the generous support we receive from a wide variety of people across the locol community. Tolol expenditure was up 8% ot £122,71512023: £114,013). The trustees have approved a ronge of expenditures on the building lo maintain a high standard and keep operational costs down. The shortfall of income over expenditure for the year was lower at £18,705 12023: deficit £22,808}. During the year Ihe value of investmenls rose by £50,48212023: fall of £22.0451. giving an overall surplus of £31,77712023: deficif of £44,853). The Cenlre receives no recurr8nt local authority revenue support. The Centre conlinues to operate viably and mointoins a healthy financial position with a strong balonce sheel significant achievement when similar groups elsewhere have struggled lo conlinue. Unr8Stricted reserves at 31 March 2024 were £793,627 12023.. £742,660). These reserves give valuable investment income as well as providing a buffer in adverse times and funding for fulure replacement of fixed assets. Current realisable assets amount to more thon £623.000, PLANS FOR FufuRE PERIODS The main objective of the truslees is to secure the continued provision of the services we provide to the elderly of the town. The trustees are aware that to do this we will rely heavily on the continuation of the level of voluntary support we receive. This is our main assel ond we do not fake il for granted. Our attenlion is currently focus5ed on ensuring the 5UStalnobilily of Ihe quality and commitment of our Iruslees. The current average age of our trustees is 73. We do frorn time to time consider opportunities for providing new services and would like to provide more for the older menfolk of Ihe town. RESERVES POLICY The trustees have agreed a reserves policy for cash flow reasons such that the Cenlre holds a minimum level of unrestricted reserves equivalent lo 25% of unrestricted income Icurrently £26,002). There are considerable restricted reserves representing remaining commitments regarding grant funding of ossets (primarily building ond vehicles). The level of unrestricled reserves is £793k. The tru5tee5 are aware thot any reduction in unrestricted reserves would mean a reduced level of investment5, having an adverse effect on the revenue position. A decision on the appropriate level of unrestricled reserves hos to be laken in light of the annual revenue position at the time. The trustees feel that they are currently in an cppropriate balance. SMALL COMPANY PROVISIONS This report has been prepored in accordance with the special provisions for small componie5 under Part 15 of the Companies Acl 2006. Signed on behalf of Ihe Irustees .Mrs S Payne, Chair Date ......3rd Oclober 2024
THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE BROOKLANDS CENTRE YEAR ENDED 31 MARCH 2024 I report to the Trustee5 on rNy exomination of the financial stotements ot The Brooklands Cenlre Ithe charilyl for the year ended 31 Moich 2024. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND INDEPENDENT EXAMINER As Ihe charity's trustees of Ihe Company Iwho are olso the directors of Ihe company for the purposes of company lowl. you ore responsible for the preparation of the accounts in accordance wilh the requirements of the Companies Act 20061"the 2006 Act"). Hoving satisfied myself that the accounts of the Company are not required to be audiled for this year under Part 16 of the 2IX)6 Acl and ore eligible for independent exominalion, I report in respect of my examination of your chority's accounts as carried out under section 145 of Ihe Chorities Act 2011 I the 2011 Acl'l. In carying out my examinotion. I have followed the Directions given by the Charity Commission lunder seclion 145151 Ibl of the 2011 Acl. INDEPENDENT EXAMINER'S STATEMENT I have compleled my exominalion. I confirm that no material matters have come to my altenlion which gives me couse to believe Ihol: accounting records were nol kept in accordonce with section 386 of the Companies Act 2C(16: or the occounts do not accord with such records; or Ihe accounts do not comply wilh relevant accountlng requirements under seclion 396 01 the Companies Act 2006 other than ony requirement that the accounts give a 'true and fair. view which is not a matter considered as part of an independent examination,. or •lhe accounts have not been prepared in accordance with the Charities SORP IFRS1021. I have no concerns and have come across no other matters in connection wilh the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Coral Tolley-Fletcher, Associolion of Charlered Certified Accountant5 Independent Examiner 114 High Street Cranfield Bedfordshire MK43 ODG Dated.......3rd October 2024
THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2024 Unrestricted FvrK15 Resmcted Funds Total Funds 2024 Total Funds 2023 Note INCOME Donations and grants other trading activities Income from investments 10.757 10.757 9,017 77,108 16,145 77,108 16,145 65.436 16,752 TOTAL INCOME 104.010 104.010 91.205 EXPENDITURE Expenditure on providing services other expenditure TOTAL EXPENDITURE (102,848) (677) (103.525) (19.190) (122.038) (677) (122,715) 1113,4831 15301 1714.0131 (19.190) NET INCOME/(EXPENDITURE) FOR THE YEAR BEFORE GAINS (19.190) (18,705) 122.8081 Nel gains1105ses on investments 50.482 50.482 122,0451 NET MOVEMENT IN FUNDS 50.967 (19.190) 31,777 144.8531 RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 742,660 563,082 1.305,742 1,350,595 793.627 543.892 1,337,519 1.305,742 The Stalement of Financial Activities includes all gains and losses in the yeor and therefore a statement of total recognised gains and losses has not been prepared. All of the above amounts relale to continuing activities. The note5 on page5 810 13 foTh part of these Ilnanclol slatemènts.
THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE BALANCE SHEET 31 MARCH 2024 2024 2023 Nol¢ FIXED ASSETS Tangible ossets Investments 713.569 6(Kl.086 721.826 549.604 1.313,655 1,271.430 CURRENT ASSETS Debtors and prepayments Cash al bank and in hand io 304 25.124 1,190 34.286 25.428 (1,564) 35.476 11,164 CREDITORS: Amounts falling due wllhln one year 11 NET CURRENT ASSETS 23.864 34.312 TOTAL ASSETS LESS CURRENT LIABILITIE5 1.337.519 1.305.742 NET ASSETS 1.337.519 1.305.742 FUNDS Reslricled income funds Unrestricled income funds 12 13 543.892 793.627 563,082 742,660 TOTAL FUNDS 1.337.519 1,305,742 The trustees are salisfied that the charity is entitled to exemption from the provisions of the Componies Act 2006 Ilhe Act) relo*ing lo the audil of the financial stolemenls for Ihe yeor bv virtue of section 477121. and that no member or members have requested on audit pursuant to section 47611 l of Ihe Acl. The Irustees acknowledge their responsibilities for: lil ensuring that the charity keeps adequate accounting records which comply with section 386 of the Act, and lill preparing financial stotements which give a true and fair view of the state of affairs of the charity as ot the end of the financial year and of 115 profit or loss for Ihe finoncial year in accordance with the requiremenls of section 393. ond which otherwise comply with the requirements of the Act relating lo financial stalemen15, 50 far as applicable to Ihe charity. These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of Ihe Companies Act 2(X)6. These financial stolements were approved by the members of the committee on Ihe 3rdOclober 2024 ond ore signed on Iheir behalf by: MRS.SP NE (CHAIR) MRR LL ITREASURER) Company Regislralion Number.. 6376240 The notes on pages 8 to 13 fom) part ol these flnon¢lal stal•menls.
THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIE5 l General Informatlon and slatemenl of compliance The charily is a privale company limited by guoranlee. registered in England and Wales and a registered charily in Englond and Wales. The addre55 of the registered off ice 15 Ousebank Slreel. Newporl Pagnell. Bucks. MKI 6 8AN. These financial stolements have been prepared in complionce with FRS 102.'The Financial Reporling Standard applicable in the UK and the Republic of Ireland,, Ihe Statemenl of Recommended Practice opplicable to chorities prepating Iheir accounts in accordance with the Financial Reporting Slandard opplicoble in the UK and Republic of Ireland IFRS 1021 {Charities SORP IFRS 10211 and the Chorilies Acl 2011. 2 Basls ol accounllng The financial slotemenls hove been prepared under the hislorical c05t convention. except for inveslmenls which ore included ol morkel volue. The financial stalements are prepored in sterling. the functional currency of the entily. Monetory amounts in these financial stotements ore rounded lo the neore5t £. 3 Dlsclosure exemptlons The enlily satisfies the criteria of being a qualifying entity os defined in FRS 102. As such, it has taken advantage of the following disclosure exemptions avoilable under parograph 1.12 of FRS 102 on Ihe grounds that it is small: (al No cash flow sfalement has been presented for the compony. Ibl Disclosures in respect of financial inslrumenls have not been presented. 4 Tanglble flxed assets and depreclallon All fixed assels are stated ot cost less accumulated depreciation. Minor additions are not capilalised. Depreciation is provided on all langible fixed assets ot rates colculated to write off the cost over their expected useful economic lives as follows: Buildings over 50 yeors Building refurbishment over 15 yeors Vehicles over 7 years Equipment costing more thon £5.000 over 5 years 5 Fund accountlng Unreslricted fund5 are available for use at the discretion ot the Irustees in furtheronce of the generol objeclive5 of the charity. The charity'5 restricted funds are those where the donor has imposed restriction5 on the use of Ihe funds which are legally binding. 6 Going concern At the time of approving the financial 5tatementS. the Trustees have a reasonable expectolion thol the charity has adequate resource5 to continue in operalional existence for Ihe foreseeable fulure. Thu5. the Twstees conlinue to adopt the going concem ba5iS of accounting in preparing Ihe financial 5totement5. 6 Income All income is included in the Statement of Financial Activities ISOFAI when the charity is legally entitled to the income and the amount can be quantified wilh reasonable accuracy. 7 Expendlture All expenditure is accounted for on an accruol basis.
THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES (continued) 8 CrfHcal accounllng estlmales ond Judgements In the application of th8 charily's accounting policles, the Trustees are required lo make judgemenls, estimates and assumptions about the carying amount of assets and liabilities Ihat are not readily apparent from other sources. The eslimates and ossocioled os5umptions are based on historical experience and oth8r factors Ihot are considered lo be relevont. Actual results moy differ from these eslimates. The estimates and underlying ossumptions are reviewed on an ongoing basis. DONATIONS AND GRANTS Tolol Funds 2023 Unrestrfcted Reslricled Total Funds Fvncts Funds 2024 Donations Generol donations Vehicle donations 10.424 333 10.424 333 8.767 Grants recelvable HMRC Job Retention Local Government 250 10.757 10.757 9,017 OTHER TRADING ACTIVITIES Unreslrieled Reslrfcted Tolal Funds Total Funds Funds Funds 2024 2023 Services provided Fundraising events 72.071 5.037 72.071 5.037 59.915 5.521 77.108 77,108 65,436 INCOME FROM INVESTMENTS Unreslricted Total Funds Total Funds Funds 2024 2023 Bank interest receivable Coif dividend income 145 16.000 145 16.000 34 16.718 16.145 16.145 16,752 EXPENDITURE ON PROVIDING SERVICES Unrestrlcted Restrlcted Tolal Funds Total Funds Funds Funds 2024 2023 Wages and salaries Employer's National Insurance other support cos*s 23,170 23,170 21,491 79.678 19.190 98.868 91,992 102.848 19.190 122.038 113.483
THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 OTHER EXPENDITURE Unreslrlcted Total Fund$ Total Funds Punds 2024 2023 Independenl Examiner's Fee Solicitors, fees 677 677 530 677 677 STAFF COSTS AND EMOLUMENTS Tolal stalf cosls were as follows: 2024 2023 Wages and salaries Social security costs 23.170 21.491 23.170 21.491 Parliculars of employees: The average number of employees during the year, calculated on the basis of full-time equivalents, was as follows.. 2024 2023 Number staff No employee received remuneration of more than £60.IX)O during the year12023- £Nill. No trustee was remunerated for their role as a trustee. or received expenses incurred on behalf of the charity in the year12023 - £Nill. The charity has purchased trustee indemnily insurance for it5 trustees. Pension costs: All employees are eligible for land have elected not lo jolnl a pension scheme. TANGIBLE FIXED ASSETS Freehold Property Eqvlpment Vehlcles Total COST Al l April 2023 Addilions during year 23.750 64.557 942,263 21.548 1.030.570 21.548 23,750 64.557 963.811 1052.118 At 31 March 2024 DEPRECIATION At l April 2023 Charge for the year Al 31 March 2024 9.948 4.750 55.680 243.115 20.617 308.744 29,805 14.698 60,118 263,732 338,549
io- THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Freehold Property Equlpmenl Vehlcles Total NET BOOK VALUE Al 31 March 2024 9.052 4.439 700.079 713.569 At 31 March 2023 13.802 8.877 699,148 721,826 INVESTMENTS Movement In markel value 2024 2023 Market value al l April 2023 Acquisitions at cost Disposals al opening book value Net goins Ilossesl on revalualions in Ihe year ended 31 March 2024 549,604 596.649 125.OCQI 50.482 122.0451 549.604 Markel value ot 31 March 2024 600.086 Hi5toricol cost al 31 March 2024 390.059 390.059 Analysls of Investments al 31 March 2024 between funds Unre$lri¢led Funds Reslrlcted Funds Total Funds 2024 Total Funds 2023 Olher investments Olher Investments 600.086 600,086 549,604 10. DEBTORS 2024 2023 Poyments in advance other debtors 32 1,158 304 304 1.190 I I. CREDITORS: Amounts falling due wllhln one year 2024 2023 other creditors 1,564 1.164
THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 12. RESTRICTED INCOME FUNDS Balance al l Apr 2023 Balance at 31 Mar 2024 Income Expendlture New Building New Vehicles Solar Ponels 554.681 6.429 1.972 (14.991) (3214) (985) {19.190) 539.690 3215 987 563.082 543.892 New Building This fund relates to grants received from a wide variely of grant-making bodies for the developmenl of the new bullding which was opened in 2010. New Vehicles- grants and donations were received specifically lo meet the cosl of two new accessible vehicles which were acquired in December 2014 and October 2018. Solar Panels relates lo a gront by the EU Low Carbon Workspace progromme in 2020, The balances on these funds are reduced in proportion lo deprecialion on the asset. 13. UNRESTRICTED INCOME FUNDS Balance al l Apr 2023 Balance at 31 Mar 2024 Income Expendlture General Funds 742.660 154,492 (103.525) 793.627 14. ANALYSIS OF NE[ ASSETS BEtWEEN FUNDS Tangible flxed assels Investments Nel currenl assets Total Restrlcted Income Funds: New Vehicle New Building Solar Panels 3.215 539,690 987 3,215 539.690 987 543.892 543.892 Unreslrlcled Income Funds 169.677 6CKI.086 23.864 793.627 Total Funds 713A69 600.086 23.864 1.337.519 12
THE BROOKLANDS CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 15. RELATED PARTY TRANSACTIONS There were no related party tronsoctions during the year. 16. COMPANY LIMITED BY GUARANTEE The licbilily of each member is limited. Every member promises. if the Charily is dissolved while he or she is o m&mber. or within twelve months after he or she ceases to be a member. to contribute such sum (not exceeding £10) as may be demanded by him or her towards the payment of Ihe debls and liabilities of the Charity incurred before he or she ceases to be o member, and of the cosls. charges and expenses of winding up, and the adjustment of the rights of the conlributories among Ihemselves. As at 31 st March 2024 the number of member trustees was 11 12023- 91. 73-