The Sanlta Merali Trust ChArlty Numbor 1125967 Th• Trustees, Annual R8POrt and Hnancial Statemenls for the year ended 31st March 2025 Thè Sanlta Merall Tru8t Report and Flnandal Statem8nts for th8 yèar ended 31st March 2025 Conten18 Pagè Legal and Adminlstrative Information Report of th8 Trusteos Report ol tha Indepand9nl Auditor Slatem8nt of Financial Actlvities Balanc& Sheet Notes to the Ilnan¢ial Statements 10-14 The Sanita M8rall Trust Legal and Adminlstratlvè Infomiallon for the year gnded 31st March 2025 Trust•e8 . M G Merall The Towers. Sandygale Road Shefflald, S10 SUE N Marali Th8 Towers, Sandygate Road Shèffigld. S10 SUE F Hlcks Ennerdal8 House Sleep Lane Brlslol BS14 ONQ S Enoland Sprlng Vllla, 136 Langsett Road South Sheffleld, S35 OHA Offlce: 209-211 Whllham Road Sheffield, S10 2SP Audltor: Johnson Walker Horizon Hous8 2 Whillno Str8et Sheffbeld, S8 9QR Bankw9 . Yorkshlrg Bank PLC 139 The Moor Sheffleld. S13LW Barclays Bank UK PLC PO Box 16275 Blrmingham B2 2XD Soll¢llor8 Bannar Jones Abbey House Shefflèld, S1 2GY The sanita Merali Trust Report of Ihe Truste88 For thè year ¢nded 31 March 2025 Roport ol tho Trustees for the porlod •nded 31 March 2025 The Trust988 pres&nt thelr rgport with th& accounts of The Sanlta M8rali Trust for the year ended 31 March 2025. Thg Ghaty a¢counts wmply with tha statement ol RecDmm8nded Practice ISORPI issued In 2015, other current statutory requiremellts, and thè requlrements of the Trust Dèed. Slruclure, Gov8manco and Managemont The charity was cr9ated as a charitabla trust on 19 Sepiernber 2008 and Is controlled by Its gov8ming instrument a daed ol irusl. The ¢urrent trustegs are as follows: Murtaza Mgrall Nlmah Morall Farah Hlcks Slmon England As sel out In the govemlng docurnenl addltlonal Trustoes can be appointed by resolutlon of the Trustees. As at 31 March 2025 the CharSty did not employ any staff. Obl•cllva8 and Aollvlllo9 Thè objects ol Thg Sanlta Morali Trust are to promots such purpose8 belng &xclu8Sv8ly charltabl8 accordlng to the law of EnglarKI and Wales as tha Trustee5 shall from time to tlme delerniine. In partlcular, but wllhout Ilmiting th8 dlserellon of the Trust&gS to promote such pu￿088$ a8 they deem li( such purposes wlll Snclud8: The support and advancement ol madlcal r8s8arch and communlty faclllt18s. A core Interest ol th8 charlty Is lo lacilitats the wogression ol cancèr research and care. The latter oblactive refers to the charltvs Inter851 In the Improvement of community facllitios to ansure incluslvity for all members of s¢)c]ety. The ways In which The Sanlk Merall TruBt fulfllls Its oblectlve8 are by: Selectlng and Supporting Hospital fundralslng programs Supporting dlstance learnlng proJects Id8ntlfylng and Supportlng prol8cls benefitlng disathanlaged rnembers of tha eommunlty. A88es8ment of publlc bengllt The Trustee$ have complied wlth the duty In Part 1 Chapter 1 s4 of tho Charitigs Act 2011 to have due regard to publlc banefll guldance publSshed by th8 Commlssicn. Tho Trustees havo had rogard for the guidgllnes when revi8wlng thg Charliy's alms and objecfvos and in planning lor tulure actlvities. Th8 Sanlta Merall TNst Report ol th• Truslee¥ For the year 8nded 31 March 2025 Achlevem•nts and performance During th8 current yèar The Trusi has contlnuad to support local projecls and local charllles on a regular basis and consider that although their targets for the y8ar have reduced that the p8rformance of the char]ty has be&n satlsfactory In th6 Current market condltlons. Flnanclal Revlaw Durfng th8 flnancial year. £413,808 wa8 rec8lvèd in Inv85trnent Income from rental propartles. all of which is unrèstrictgd and a further £602,000 was recgived in donation5, The total 8xpÈndilure for the year was £151.278 and grants made lotaled £158,750. The Charlty endgd tha year wtth a surplus of £705,780 and raserves 01 £3.686,243. Re80rv•s poll¢y Th8 unreslrlcted Fund r8pres8nts the unrestricted funds arlslng from past opgratlng results. Th8 Trustee8 are satisfied that the balance ot the Fund 18 an accèptable level of reseNes glven thè nature of revenue rec6lpts agalnst grants payable. Rlsk management Carfjful controls are in place lo monitor Ihe level ol borrowlng. The trusleos have fixed the c08t of borrowlngs In order to maximize tha potentlal of the rental Income and keop a and keep a Ilght control on resou￿08. Plans for future perfod8 Thè trustees plan to continue raising funds for projects In Iln8 with the trusl dèed and pursuo tho68 objéctlves and prolects wllh all the rnsourc8s availabl& to the charlly Statom•nt of Trustttg Ro$ponglblllll•4 Charlty law requlres the tnJst88s lo prgpar8 financlal statements lor each financlal year whlch glve a true and falr vlew of the slato of affalrs of the charlly and of the surplus or dallclt of the charlly for that P8riod. In preparfng those flnancial slatsm8n18, the truste68 have.. selected suitable accountlng pollcleg and then applied th8m conslstently; made judgments and 8stlmate8 that aré reasonable anrj prudènt; staled whether applicablè accounllng standards have been followad, subject to any rnat8rlal dgparture8 d15closed and explained In the flnanclal 81atem8nt8" arKI prepared the financlal Statements on Ihe golng concern basis. The Sanlta Marall Trust Report of tho Truslees For th8 year anded 31 Mareh 2025 Th8 trustees havè O￿la11 rgynslbllty for ansurlng that th9 charity has approprlata system of controls, flnancial and otherwis8. They are also résponsiblg for kèeping propèr accounting records which dlsclose wlth r8a8onabl8 accuracy at any tlme Ilnaneial poslllon of the charlty and ènabl8 them to ensur8 that tha financlal stat8mènts comply with Charitiès Act 2011.Th8y arè also responslble for safeguarding th6 ass81s of tha charfty and h8n¢È for taklng réasonablè staps for tha prevention and delectlon of fraud and other irr8gularftl6s. In so far as the trustees ar8 awar8'. there Is no relevant audit informatlon of whlch th8 chariV8 aUd￿or8 arè unaware. the Irustees have tak8n all slaps that they ought to hava taken to makè thèms8lv&s aware of any relevant audil Informatlon and to establish that tha auditors are aware of that Inforrnatlon This report was approved by the boa￿1 on 26 January 2026. N. Merali {Trusteel Th8 Sanfta Merall Trust Ind8pèndeni Audltor's Report tg the Trn8le88 Ot Tho santta Merall Trust Oplnlon We hav8 auditéd the finaT￿la1 statem8nts of The Sanita Merall Tnjst for the year ended 31 March 2025 which comprise the Income Slat8menl, Statement of Flnandal Posilion and noles to the flnancial stat8ments, Including a summary of slgnlficanl accountlng policles. Th8 flnandal reporting Iramework that has been applled in Ihalr preparatlon Is applicable law and Unlted Klngdom Accounting Standards, Includlng Financlal Reportlng Standard 102 The Financlal Reporting Standard appllcable In the UK and Rapublic of Iroland (United Klngdorn Generally Accept8d Accountlng Practic&) In our oplnion the flnancial statementS- giv8 a trua and falr view ol the stale of the Trust's affalr$ as al 31 March 2025 and of fts Snooming resourcè8 and appllcation ol resources, Including Its Income and expénditure for the year then ended. have bean property prapared In accordance wllh Unlted Klngdom Gènèrèlty Accepted Accounilng Praotlc9: and have been prepared In accordancè with the requlrements of the Charltles Act 2011. Ba•ls lor oplnlon We conduoted our audlt In accordance ￿th Internatlonal Standards on Audlllng (UK> IISAg UK)) and appllcable law. Our responsibilitles under those standards are lurther dascribed In the Audllor's respon6ibilltles lor the audlt ol the financlal slalements section of our report. Wa arè indepgndgnt of the trust In accordancowilhthe alhical raquirémenlsthatare relevanttoouraudllofthelinancialstalements In thè U.K. including the FRC'S Ethlcal Standard , and we havé fulfilled our olhor othlcal r8sponslbiliti6& in accordanc8 with wilhthe8e requlrements. w8b6liavelhatlheauditevidence yve have obtained1s8ufficiantand apprcprialeto provlda a bas18 for our oplnlon. Conelu•lon• rolallng to golng concern W8 have nothing lo report In rèspect of th8 followlry mattgrj In relation to whlch the ISA8 (UK) requlr8 U8 to report to you wh&r8'. th8 trustl)EIB' use of Ihe golng Concern basls of accounting in the preparatlon of Ihg flnancial statem8nl8 Is not approprlate,. or th8 trustee'8 have not dlsclosad In th8 flnanclal statements any Identified m8t6r5al l uncartalntles that may cast Signlflcant doubt about th6 ¢harltYs ability to contlnue to adopt th8 going concgrn basls ol a¢countlng for a perlod of at ￿ast Iwolve months Irom the date when the flnaneial statamants are aulhorised for188ue. The Sanita Merall Trust Other infomMtlon The trust88s arg responslble for tha other infomiation. The other Information comprises th6 Infonnatlon information Included in thg annual report. other Ihat tha flnanclal slatem8nts and our audltor's report th8rèon. Our oplnion on the Ilnancial slalements do8s not cover th8 Other information and. e￿ept to th8 extent olhoNlse explicitly ￿aled in our report, w8 do not express any form ol a88urancg concluslon there on. In conngcllon wllh our aucllt of the flnancial staternents, our r8sponsiblllty is to read th8 other information and, In dolng so, conslder wh8ther the other Informatlon Is materlally Inconslstent wth the financial statemants or cur knowledge oblalned In the audit or othepNlsa appears to be misstated. If w8 Identify such malerial Inconslstenclas or apparenl materials rnlsstalerngnls, we are r9quired to d8t8rmlne whathgr ther8 Is a material mlsstatement Sn th9 flnan¢ial statements or a material mlsstatement of thè other Inforrnatlon. 11, based on Ihe work we hava pgrformed, wfj concluda that thgrg is a the lact. We have nothlng io report in thls regard. Oplnlon on other matt8L* Prn8crlbod by tho Ch2rltles Act 2011 In our oplnlon, ba8ed on the work undertaken in the coursa ol the audlt: the Inform8tSon glven in the trustees, r8pJrt for the flnancial year lorwhich the financial staternents are prepared Is conslstent with the linanclai statements,, and the tru6tees' report has been wepared in accordanco with appll¢able requ1￿ments. Matl•r8 on whleh we ora requlred lo rnport by exoeptlon In th8 Iluht and knovAedge and undarstandlng ol the Irusl and Its envlronment obtalned in tho cour88 of the audlt coursa of th8 audit, we hav6 not Idgntifl8d matsrlal rn18statemenls In Ihg trustees, report. We have nothing to report In respèct of the lollowlng matter9 in relation lo whlch Ihe Charitias Act 2011 requlre8 us to report to you, If In our oplnlon.. adequate ac¢ountlng records have not been kept, or relurns adequate for our audit hav8 not b88n recaived from branchas not vlsited by us; or th8 finanelal Btatement8 are not In agroement wth the accountlng ffjcordB and returns; or certain dlse106ures of tru8tee8' remun8ratlon specllled by law ar8 not made; or w8 havo not raceivgd all the Information and explanatlons we require for our audit Rosponglbllltl88 of • trust9• As explained mor8fully in tho tru5tees' responslblllties Statement, Ihetrus188s arè rosponslbleforthe preparallon of the financlal statsments and for being satisfted that thèy gfve a true and fair vlew. and tor such In18rnal control as the trustees determine Is nec&8sary to enabla the preparatlon ol flnanclal sktemenls that are fr88 from materlal misstatement. vthether due to fraud or error. In prepartng the financial statsments, the trustees ar8 rasponslble lor assessing tho charftls ablllly to contlnue as a going concem, disclosing. as appllcable. matters rèlaled to golng concern and uslng the golng concern basis ofac¢ountlng unless the Irusteoseither inlendto liquldatethocharltyortocaaseop8ratlons. or have no reallstic alternatlve but lo do so. Tho Sanlta M8MII Tru•1 Audltovs respon8ibllltles for the audll ol the flnanclal statements Wa have be&n appointed a$ auditor under section 144 01 the ¢harfties Act 2011 and raport In accordance with regulations made under section 154 of that Act. Our objecllves are to obtaln r6asonable assura￿8 about ￿ether th6 financlal slal8m8nts as a whole are free from m*erlal misstatement, wh6ther due to fraud or error. and to Issu6 and auditorfs report that includes our oplnlon. Reasonabl& assuranca Is a hlgh level of assurance, bul tt Is not a guarantee that an audit conducted In accordanca wiih1&4'slUK) w511 always delect a materlal mlsstatement when It exists. Misstatements can arise from fraud or error and are consldored mat&Tial li, indlvldually or in aggregatg, they could r@asonably be 8xpé¢lad to influence the 8conomic decisions of users taken on Iha basis ol these financlal statgmonts. A further dgscrlption of our rèsponslbilities for the audit of thg Ilnancial slatemon18 Is located on the Finandal Reportlng Council's websltè at: www.frc.org.uklauditorsrasponslbilities. Thi$ de8criptlon lomis part ol our ol our auditor's report. We communlcat8 wlih thoso charged with governance rogarding, among other mattars, Ihe planned scope and tlmino of th6 audit and signlflcant audit findlngs. Including any slgnrfi¢ant deficiencles in internal control that wa identity during our audlt. Use of our raport Thls rerx)rt Is made solely lo the ¢haritlg tnJBteg8, as a body, In accordanc8 wlth $8cllon 144 of Ihg Char11188 Act 2011 and regulations made under section 154 of that Act. Our audll work has been undertaken so that we might slal8 lo the trusléos those matt6rs wa are raquired to slat8 to thèm in an a￿1110￿8 report and lor no other purpose. To tha lullesl extent P8rrn6tted ty law. we do nol accept or assum8 rèsponsibility to anyone olh&r than th6 trust and tha Irust88s as a boty, for our audit work, for this report, 01 lor the opinions w8 have fomied. rr.a [&<. Johnson Walker, Statutory Audltor Horlzon House S8 9QR Th8 Sanlta Merall Trust stalomeni ol Flnanclal Activltl88 for th6 year ended 31st March 2025 2025 {Unrestrlctgdl 2024 (Unr8slricted> Income and ondowments: Donallons Invgslmgnls 602,oIJ) 413808 1015 808 12.000 350 216 362,216 note 2 Expendltur8 On: Raising Funds Charitabla a¢ilvltles note 3 nots6 151.278 170,269 810 028 Not Incomo bolore Invostmant proflt 705.780 116,937 Nat gHln8 and108￿ on proporiy Inv••lmentJ Unreallsed proflt Ilossl on revaluatlon of Inveslm8nt propertSos note 7 35.819 NBI Incom& 705,780 152.758 Fund Balanco broughl fonvard 2 980 463 Fund Balan￿ corrled forward The statement of flnancial actlvities Includes all gains and Ios8e8 r8cognlz8d in th8 year. All income and axpendlture as slated above arlsa from continulno activltlè8. Th8 Sanlta Morall Trust Balance Sheet A8 at 31 March 2025 2025 IUnre8tri¢ted} 21y24 {Unrestricted} In￿StmentS Inveslm8nt property Loans R8c&lvablo not6 7 4,255.000 590 000 4 845 000 4,255,000 Currenl a88ets D&btors Cash al bank and in hand Total current a$￿t$ note 8 128 143 313,298 313298 Crodltors: omount8 tslllng duè wlthln one year note 9 296 078 Not current a￿0￿1{11abr1lt1￿) Total a88•ts loss ourront Ilablllll•g 4.875,888 4,272,220 Cradltors: amount? falllng duo after one ywr nol8 10 1189825 1291757 Nèt A￿1$ 68 Fund8 Ot Iha Trusi Unrb8trlct8d gonoral funds The financlal Statemènts on pages 8 to 14 wera approvod by th8 trustees on 26 January 2026 and slgned on Ihelr behalf by: N. Mgrali (Trustee) The Sanlta Merall Tru81 Notes to Ihe Flnanclal Statements For the Year to 31 Ma￿h 2025 1. Accoumlng poll¢ie8 Ba818 of preparation The Sanfla Merall Trusl is a registered chartty created and oovemed by a d88d of tnjst daled the 19th. Sepiemb6r 2008 and is registered at 209-211 Whltham Road Sheffleld, S10 2SP Tho Trustees have cornplled with th8 duty In Part 1 Chapter 1 84 of th8 Charltl88 Act 2011 to have dua règard to public benefit ouldance publlshed by ihe Commlsslon. The Trustees have had regard for Iha guidollncs when revigwlng th8 Charitys alms and oblectivgs and in plannlng lor future activities. Thè financlal statements have been prepared undèr the hlstoric cost conventlon, with the exceptlon that proparty Inveslmenls are includèd at mark81 value. The linanclal statements have been prepared in accordancg wllh thg Accountlng and Reporting by Charities.. Statèment of r8commended Practlce applicable to Charities praparing thelr accounts In accordance with the Flnancial Reporting Standard appll¢able in the UK and Republlc of Ireland and the Gharities Act 2011. Tha Charlty has applled Update Bulbtin 1 as published on 2 February 2016. Proparallon ol th• accounts on a golng concern ba818 After maklng enquirios, th8 Truste8s have a rea80nable axpedatton that th8 charlty has adequale resources to continu8 It$ activltl8s for th8 foresae8bla future. A¢cordlngty. Ihey conllnu8 lo adopt the golng Concern basis in preparing the flnanclal statements as oullln8d In the Stat8ment of Trustees Responslbllltles. E•tlmate• and Judgmontg Thè preparatlon of Ilnancial statemgnls In compllanc8 wlth SORP Updat8 Bullelln r8quirg3 the u88 of cgrtaln crltl¢al accountlng èstimatas. 11 alsc requlres managament to ex8rci88 judgment In applylng the charltabl8 trust8 accountlro pollcles. Estlmates and Judgmanls are contlnually ovalualed by thg Tru8t888 based on hlslorlcal experlence and other factors Includlng expectallons of luture events that are bglieved to bo reasonabla undèr the clrcumstances. The mosl slgnifi¢ant estimat￿ and judgments relate to the Inve81ment propertlos, lor whlch the trust felles on th8 expgrlence of property managèm8nl and chartered surv8yor8. Fund Slruclur• General fund5 are unr6strlcted funds whlch are available lor use al Ihe discretlon ol tho trustees in furtherancè of the general objectives of Ihg charlly and whlch have not b88n do8ignatgd lor other purposes. 10. Thè Sanlta Merali Trust Not88 lo the Flnanclal Slatemonts For the Year 10 31 March 2025 Income and •ndowmenls: All incomlng resources are Included In th8 SOFA when th8 charity 1$ legally enlltled to the incomè and Ihe amount can bo quantilled with reasonablg accuracy. For 18gacigs, entitlement is the earlier of th8 charity belng notllled of an Impanding dlstributlon or the legacy belng recelv8d. Gifts in kind donated for dlstributlon arè included al valuatlon and racognised as Income when they are distdbuled lo the projects. Glfts donatgd for resale are includad as income when they ar0 sold. Donated fa¢llliies are included at the value to the charlly whgrg this can b9 quantifi8d and a third party Is bearlng the cost. No amounls ar8 Irtcluded In tho Ilnancial slalements for servlces donated by voluntsers. Expendlturo All expendlture is Accounted for on an accruals basis and has been classified under headings that agoregat8 all costs ralated to the category. Where costs cannot b8 directly attrlbuted to particular headings they have been allocated to acllvilies on a basis conslstent wlth usa ol the rasource5, Fund-ralslng costs are those incurrèd in seeklng voluntary contrlbutions and do nol ndude the costs of dlsseminatlng Inlomiatlon in support of the charitabl8 activitlos. Support WSt8 arg those costs Incurred directly in sUPPOrt of expenditure on the objects of the charlty and indude project manag8ment carried out at Headquarters. Management and admlnlstration costs are thoso incurred In connection with administratlon of the charity and compllance with constitutional and statutory requirements. Inva8tmonl Property Investment properties are delined as Int8r85ts In land and buildings which are held for tha purp088 of produclng an Income lor the charity wlth r8ntal Income being negotialed at arms length. Proc8eds from th6 sale of Inveslmonl properties are credlted to Iho genèral lund account. These propertles are Included at their mark8t value and ara not depreciated. Any Increas8 or d8cr8ase in valuallon Is recordod as an unreallsed galn or loss in the galn or loss on investment section of the SOFA. To￿lOn The Charlty Is raglster8d wlth th8 Charlty Commlsslon, numbar 1125967, and Is exempt Irom Income Tax and Gains T&x provkled Ils Incomo and galn$ are applied for charltable purposes. 11. Tho Sanfta Morali Tru¥t Notes to thè Flnan¢lal Statements For th8 Yèar to 31 March 2025 Flnancl81 In8trument8 Financial ass&ts such as cash and d8btDrs ara measured at the pras8nl value of the amourrt8 recelvable, 18ss an allowance for the 8xp8Ctad level of doubtlul Tec8lvablas. Ftnancial liabilltles such a5 trad8 creditors and loans ar8 measured al the pres8nt value ol the obllgation. An eqLJEty Inslrument Is any contract Ihal evidences a resldual Inler&sl in Ihe assets ol the charilable tru81 after deducting all of its Ilabillt16S. The charitablg trust only has flnanclal ass8ts and financlal liabllilies of 8 kind that qualify as baslc flnancaal inslruments. Baslc linancial Instrumènts are inltlally recognised at transa¢iion value and subs8quenlty measured at thèir settlement valu8 2. Itwejtrnent Incomg- Rental Incomo 2025 2024 Rents roc8ivab18 41 21 3. Cogt of RA181ng lund¥ 2026 2024 Property •xpen￿8 Repairs, ratas and other prop8rty expenses 59,787 58,790 Prop8ty manigeffl•nt expon8 Bank interest and charge8 Legal and prolesslonal fees 86,968 100,462 91.491 111,480 4.Tru8te88' romunorallon The truste88 r8c8lved nor walved any remun8ration during the year and no out of pocket expenses wara relmbursed to trustO8S. 5.Audltor'$ RemunerAtlon 2025 2024 Audit Fee 6.Charltablg Actlvlllos Baton of Hope Parklnsons Horatio's Garden Barnardos Cavendish Cancer Car8 Team Ted St Lukes Sheffield Children's Hospital University ol Sheffield The World Foderallon of Khoja Shia Ithna'asherl Musllm Communitlos G. E Foers Movemb8r A Dunham Ashuat8 Hosplce 1,000 90.000 500 2,000 1,000 1.000 1500 52,250 10,OOD 37.750 32,760 1,000 500 500 500 75,010 158250 12. The 8anlla M8rall Trust Notea to Ihe Financlal Slatements For the Year lo 31 March 2025 7. Invesiment Proporty 2025 2024 Valuation at beginnlng Of year 4,255,000 3,885,000 Additions to Investment prop8rty 834,181 Unreallsed profit {1068) on r8valuation of investment prop8rt18s Valuallon at end ol year 00 Tho trust is the owner of a mixture of résid@ntlal and commercial propèrties In Sh8ffield. All properiies were revalued at market value by thè Trusts Chartered SuNeyors, Croslhwaltè Commerclal as of 31 March 2018, 31 March 2017 and 31 March 2018 in accordan￿ wSth the Royal Inslilulion of Chartgred Surveyors Valuatlon Global Standardg 2017. On 31 March 2025 the propèrtSas were assassed and valuod at market value by a quallfied Indlvldual Inllna Imth current market expectations, The historlcal cost of the propertl8s19 £5.609,531 8. Doblor& 2025 2024 rradè dgbtor8 9. Crodltofg: amounty lalllng duo wtthln on• yèar 2024 Bank Loans Trade Credllors Donatlons plgdged Accruals ,deposils and othèr credttors 33,703 2,520 43,250 17,802 284,071 2,520 296 078 Bank loans totaling £33,703 ara $8cured agalnst Inve8tment properti88 h8ld by tho tru8t 10. Crndllor8: amoun18 falllng due aft•r fflore than one yeor 2025 2024 Lory term bank loans Loans from related parties 554,624 1,291,757 1 291757 Bank loans totaling £554.624 are sècured agalnst investmenl propertles held by Ihè Irusl 13. The Sanlla Merali Tru8t Notss lo the Flnanclal Statements For the Year to 31 March 2024 11 Related Party Tran8acllon8 Throughout the year Th6 Santta Merall Trust conllnued to receive rental Incom& at falr market value from Companies controlled by th8 Trusteés Nimah. Farah and Murtaza M8rall. The total rgn15 received by The Sanlta Mèrali Trust from Trustees and Conn￿ entities totalad £42.000.00 Durlng thè year debts owlng to the Trusteè Murtaza Mèrali from TTUSts controlled by th8 Trusteés werè assigned lo the Sanlta Merali Trust ty way of donailon Durlng the year the TTUStee Murt82a Marali loangd Tha Sanlta Merall Trust £390.000.00. Thè loan is non Intsrèst bearing and Is repayable on d8mand. During tho year Aspengold Llmtted, a company conlrollgd by tho trustses ol the Sanlla Merali Trust loanod the Trust £245.000.00. The loan Is non interest bearing and Is repayab19 on demand.