**REGISTERED COMPANY NUMBER: 06673948 (England and Wales) REGISTERED CHARITY NUMBER: 1125997**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024**
## **FOR**
## **KOLLEL TORAH VEYIRAH LIMITED**
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
**KOLLEL TORAH VEYIRAH LIMITED**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Trustees' Responsibility Statement**||4||
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Statement of Financial Position**|7|to|8|
|**Statement of Cash Flows**||9||
|**Notes to the Statement of Cash Flows**||10||
|**Notes to the Financial Statements**|11|to|16|
**KOLLEL TORAH VEYIRAH LIMITED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of 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 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objective of the charity is that of advancement of Orthodox Jewish religious education, the relief of poverty sickness and infirmity among members of the Jewish faith and advancement of such other objects as are charitable according to English Law.
The main activity undertaken by the charity to achieve this objective was to provide grants to various charitable institutions with similar charitable objectives.
## **Significant activities**
During the year under review, the charity raised £994,606 [2023 - £946,121] to support its charitable objectives.
## **Public benefit**
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aim and objectives and in planning the charity's future activities. The aims of the charitable company for the public benefit are detailed in the Objectives and Activities section of the report.
## **Grantmaking**
The charity provides donations and grants to various institutions and individuals whose objectives align closely with its own.
During the year, the charity provided grants and platform to individuals to pursuit the teachings of Torah.
## **STRATEGIC REPORT**
## **Achievements and performance**
## **Charitable activities**
As stated above in the significant activities paragraph, the charity had a successful year raising funds which were utilized by providing donations and grants to various institutions and individuals to help achieve its overall charitable objectives.
In the period ending 31.08.24, the charity also employed a number of staff members who's sole role is to support the community and further the charity's objectives. This support comes in various forms such as working for local education institutions and helping local charities.
## **Financial review**
## **Key Performance Indicators**
The trustees are satisfied with the results and activities of the charity for the financial year.
The trustees monitor the entities performance against its charitable objectives on a regular basis. Performance is assessed against the objectives and expectations using financial and non-financial indicators. The key financial performance indicators used by the charity are income from donations and expenditure on charitable activities.
## **Principal funding sources**
The entity is currently financed solely by donations received from individuals and institutions.
## **Reserves policy**
The charity has a policy of maintaining "Unrestricted Funds", which is the free reserve of the charity, at a level which the trustees think appropriate after considering the future commitments and the likely operational cost for the next year.
## **Going concern**
The trustees are satisfied after taking into consideration the financial position and commitments that the charity will continue its operational existence for foreseeable future.
Page 1
**KOLLEL TORAH VEYIRAH LIMITED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024**
## **STRATEGIC REPORT**
## **Principal risks and uncertainties**
The principal risk and uncertainty to the charity identified by the trustees is lack of secured funding source for the long term.
## **Future plans**
No change is envisaged in the charity's objective and activity for the future.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, its memorandum and articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Recruitment and appointment of new trustees**
It is not currently the intention of the trustees of the charity to appoint new trustees. Should this situation change in the future, the trustees will apply suitable recruitment and training procedures.
## **Organisational structure**
There are four trustees who also act as directors. They meet on a regular basis to discuss the affairs of the charity. All decisions are based on a majority decision of the directors but in almost all cases the votes are unanimous.
## **Related parties**
Details of transactions with related parties are disclosed in the notes to the financial statements.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Systems of internal controls are designed to provide reasonable, but not absolute, assurance against material misstatement or loss.
The trustees pay particular attention to the financial sustainability. The trustees regularly review the available funding sources to ensure that the charity has sufficient liquid funds to meet its short term working capital needs and sustainable funding sources to meet its mid to long term obligations.
The principle risks are financial including items such as a decrease in donations received.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
06673948 (England and Wales)
## **Registered Charity number**
1125997
## **Registered office**
57 Jessam Avenue Clapton Common London E5 9DU
## **Trustees**
S Tambur Company Director S Cik Company Director (resigned 20.9.24) A M Fogel Company Director M Zafir Company Director
## **Company Secretary**
S Tambur
Page 2
**KOLLEL TORAH VEYIRAH LIMITED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Independent Examiner**
Malcolm Venitt Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 5 November 2025 and signed on the board's behalf by:
S Tambur - Trustee
Page 3
**KOLLEL TORAH VEYIRAH LIMITED**
## **TRUSTEES' RESPONSIBILITY STATEMENT FOR THE YEAR ENDED 31 AUGUST 2024**
The trustees (who are also the directors of Kollel Torah Veyirah Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- 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;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 4
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KOLLEL TORAH VEYIRAH LIMITED**
## **Independent examiner's report to the trustees of Kollel Torah Veyirah Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors 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 eligible 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 carrying 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**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. 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 records; or
3. the accounts do not comply with the accounting 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 examination; 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.
Malcolm Venitt
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
5 November 2025
Page 5
## **KOLLEL TORAH VEYIRAH LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**EXPENDITURE ON**
**Charitable activities**
3
Charitable
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**CONTINUING OPERATIONS**|31.8.24
Unrestricted
fund
£
994,606
1,051,473
9,293
1,060,766
(66,160)
(207,317)
(273,477)|31.8.23
Total
funds
£
946,121
1,097,371
-
1,097,371
(151,250)
(56,067)
(207,317)|
|---|---|---|
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 6
## **KOLLEL TORAH VEYIRAH LIMITED**
## **STATEMENT OF FINANCIAL POSITION 31 AUGUST 2024**
|31.8.24
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
10
657
**CURRENT ASSETS**
Debtors
11
-
Cash at bank
111
111
**CREDITORS**
Amounts falling due within one year
12
(264,765)
**NET CURRENT ASSETS/(LIABILITIES)**
(264,654)
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
(263,997)
**CREDITORS**
Amounts falling due after more than one year
13
(9,480)
**NET ASSETS/(LIABILITIES)**
(273,477)
**FUNDS**
15
Unrestricted funds
(273,477)
**TOTAL FUNDS**
(273,477)|31.8.23
Total
funds
£
773
212,892
505
213,397
(404,294)
(190,897)
(190,124)
(17,193)
(207,317)
(207,317)
(207,317)|
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements were approved and authorized for issue by the Board of Trustees and authorised for issue on 5 November 2025 and were signed on its behalf by:
S Tambur - Trustee
The notes form part of these financial statements
continued...
Page 7
**KOLLEL TORAH VEYIRAH LIMITED**
## **STATEMENT OF FINANCIAL POSITION - continued 31 AUGUST 2024**
A M Fogel - Trustee
M Zafir - Trustee
The notes form part of these financial statements
Page 8
## **KOLLEL TORAH VEYIRAH LIMITED**
## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2024**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
**Cash flows from financing activities**
Loan repayments in year
Net cash used in financing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|31.8.24
£
10,180
(2,861)
7,319
(7,713)
(7,713)
(394)
505
111|31.8.23
£
9,177
-
9,177
(10,000)
(10,000)
(823)
1,328
505|
|---|---|---|
The notes form part of these financial statements
Page 9
**KOLLEL TORAH VEYIRAH LIMITED**
## **NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2024**
## **1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net expenditure for the reporting period (as per the Statement of**
**Financial Activities)**
**Adjustments for:**
Depreciation charges
Interest paid
Decrease in debtors
(Decrease)/increase in creditors
**Net cash provided by operations**|31.8.24
£
(66,160)
116
2,861
212,892
(139,529)
10,180|31.8.23
£
(151,250)
137
-
-
160,290
9,177|
|---|---|---|
## **2. ANALYSIS OF CHANGES IN NET DEBT**
|At 1.9.23
Cash flow
At
£
£
**Net cash**
Cash at bank
505
(394)
505
(394)
**Debt**
Debts falling due within 1 year
(10,000)
-
Debts falling due after 1 year
(17,193)
7,713
(27,193)
7,713
**Total**
(26,688)
7,319|31.8.24
£
111
111
(10,000)
(9,480)
(19,480)
(19,369)|
|---|---|
The notes form part of these financial statements
Page 10
**KOLLEL TORAH VEYIRAH LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £
## **Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Donations income is recognised on receipt.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Governance costs**
Governance costs are associated with the governance arrangements of the charity and relate to the general running of the charity. These costs include audit, legal advice for Trustees and costs associated with meeting constitutional and statutory requirements such as the costs of Trustee meetings and the preparation of the statutory accounts.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
All categories of fixed assets are held on the balance sheet at historic cost less accumulated depreciation. If an event occurs which indicates a material reduction in a fixed asset's carrying value, an impairment review will be carried out. Any impairment charge is recognised in the statement of financial activities.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
continued...
Page 11
**KOLLEL TORAH VEYIRAH LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Cash and cash equivalents**
Cash and cash equivalents include cash in hand and deposits held at call with banks.
## **Financial instruments**
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## **2. DONATIONS AND LEGACIES**
|**DONATIONS AND LEGACIES**|||
|---|---|---|
||31.8.24|31.8.23|
||£|£|
|Donations|994,606|946,121|
## **3. CHARITABLE ACTIVITIES COSTS**
|Charitable
**4.**
**GRANTS PAYABLE**
Charitable
**5.**
**SUPPORT COSTS**
Other resources expended|Direct
Costs
£
253,982
Finance
£
3,120||
|---|---|---|
continued...
Page 12
**KOLLEL TORAH VEYIRAH LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024**
## **6. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||31.8.24|31.8.23|
|---|---|---|
||£|£|
|Depreciation - owned assets|116|137|
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.
## **8. STAFF COSTS**
|**STAFF COSTS**|||||
|---|---|---|---|---|
|Wages and salaries
The average monthly number of employees during the year was as follows:
Charitable activities
No employees received emoluments in excess of £60,000.||31.8.24
£
161,211
161,211
31.8.24
32||31.8.23
£
182,282|
|||||182,282|
|||||31.8.23
32|
## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**EXPENDITURE ON**
**Charitable activities**
Charitable
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
946,121
1,097,371
(151,250)
(56,067)
(207,317)|
|---|---|
continued...
Page 13
**KOLLEL TORAH VEYIRAH LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024**
## **10. TANGIBLE FIXED ASSETS**
|**COST**
At 1 September 2023 and 31 August 2024
**DEPRECIATION**
At 1 September 2023
Charge for year
At 31 August 2024
**NET BOOK VALUE**
At 31 August 2024
At 31 August 2023
**11.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.8.24
£
Other debtors
-
**12.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.8.24
£
Bank loans and overdrafts (see note 14)
10,000
Other creditors
169,615
Loan creditors
81,550
Accrued expenses
3,600
264,765
**13.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
31.8.24
£
Bank loans (see note 14)
9,480
**14.**
**LOANS**
An analysis of the maturity of loans is given below:
31.8.24
£
Amounts falling due within one year on demand:
Bank loans
10,000
Amounts falling between one and two years:
Bank loans - 1-2 years
9,480
Amounts falling due between two and five years:
Bank loans - 2-5 years
-|Fixtures
and
fittings
£
6,925
6,152
116
6,268
657
773
31.8.23
£
212,892|Fixtures
and
fittings
£
6,925
6,152
116
6,268
657
773
31.8.23
£
212,892|
|---|---|---|
||31.8.23
£
10,000
394,294
-
-||
||404,294||
||31.8.23
£
17,193
31.8.23
£
10,000
-
17,193||
|||-|
|||17,193|
continued...
Page 14
**KOLLEL TORAH VEYIRAH LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024**
## **14. LOANS - continued**
Other creditors include a Bounceback loan totalling £19,480. The loan is interest free for the first year, then capped at 2.5% going forward. The loan is also 100% guaranteed by UK Government.
## **15. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**||At 1.9.23
£
(207,317)
(207,317)
Incoming
resources
£
994,606
994,606
At 1.9.22
£
(56,067)
(56,067)|Net
movement
in funds
£
(66,160)
(66,160)
Resources
expended
£
(1,060,766 )
(1,060,766 )
Net
movement
in funds
£
(151,250)
(151,250)|At
31.8.24
£
(273,477)
(273,477)
Movement
in funds
£
(66,160)
(66,160)
At
31.8.23
£
(207,317)
(207,317)|
|---|---|---|---|---|
||||||
||||||
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
946,121
946,121|Resources
expended
£
(1,097,371 )
(1,097,371 )|Movement
in funds
£
(151,250)
(151,250)|
|---|---|---|---|
Page 15
continued...
**KOLLEL TORAH VEYIRAH LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024**
## **15. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.9.22
£
(56,067)
(56,067)|Net
movement
in funds
£
(217,410)
(217,410)|At
31.8.24
£
(273,477)
(273,477)|
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
1,940,727
1,940,727|Resources
expended
£
(2,158,137 )
(2,158,137 )|Movement
in funds
£
(217,410)
(217,410)|
|---|---|---|---|
## **16. RELATED PARTY DISCLOSURES**
During the year, the charity provided donation totalling £5,130 to various registered charities which share common trustees. The trustees confirm that no benefit was obtained.
Other creditors include £169,615 payable to other charities which share common trustees.
Page 16