Charity registration number 1131269 {England and Wales)
Company registration number 6932120
BERNARD'S ACRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
S SimpkinsEdwards

BERNARD'S ACRE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
MrA Heron
Mrs R J Sowden
Mr P T Sowden
Mrs l Malhieson
Mrs R Heron
Mr P J Hawes
Mr C R Eggins
Mrs M Burge
Mr P Burge
(Appointed 27 September 2024)
(Appointed 27 September 2024)
Charlty number
1131269
Company numbar
6932120
Business address
Bernard's Acre
Belstone
OkehamplDn
Devon
EX20 1QX
Registered Office
15-17 Southemhay East
Exeter
Devon
EX1 1QE
Independent examiner
MrA Hemmings BA IHons} FCA CTA
Simpkins Edwards LLP
The Summit
Woodwater Park
Pynes Hill
Exeter
EX2 5WS

BERNARD'S ACRE
CONTENTS
Page
Trustees. report
Independent examine¢s report
Statement of financial activities
Balance sheet
Notes to the financial slaternenls
7-14

BERNARD'S ACRE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their annual report and financial statements for the year ended 31 December 2024.
The financial statements have been prepared In accordance with Ihe accounling policies sel out in note 1 to the
financial staternenl% and comply with the charity's [governing documentl, the Companies Act 2006 and "Accounting
and Reporting by Charities.. Stalement of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021"
(effective 1 January 2019).
Objectlves and actlvltles
During the year, Rosemary Sowden was responsible for day to day administration of property bookings,
administration and finance. Paul Sowden was responsible for property matters.
During the year the Charity employed one part time person for 20 hours per week - 12 hours par week as caretaker
plus 8 hours per week lo cover the day-lo-day administration of the centre bookings process.
The Focus of our Work
Our main objectives for the period were lo promote the evangelical Christian faith. We meet these objectives by
letting out the premises at Bernard's Acre to church affiliated and other Christian groups and individuals.
Purposes and Aims
Our charity's purposes as sel out in the objects contained in the company's memorandum of association are..
The promotlon of the Evangelical Christian Fallh and In furtherance of th1$ object lo provide a Christian
Cenlre; and
The furtherance of such other charitable purposes as lh8 charity shall determine.
The aims of our charity are to promote the evangelical Christian faith by providing premises for use by Ghurch
affiliated and other groups that respect our values. These premises are known as Bernard's Acre 2nd are located at
8elslone, Okehamplon, Devon. We are an inclusive Christian charity. Everyone is welcome to use our facililies,
whether they are a person of faith or not.
The charity is a successor body lo the unincorporated charitable trust known as The Bemard's Acre Trust
established by deed executed on 10 January 1981. On 1 Oclobp,r 2009, the Trust transfprrp.d the, frep.liold property
at Bernard's Acre and ils entire nel assets to the charity. The charity commence.d the activities previously
undertaken by the Trust on 1 October 2009. In 5th June 2017 Bernard's Acre Trust was linked lo the Trust by tlie
Charity Commission.
Ensurlng our Work Dellver5 Our Alms
whe.n reviewing our airrs this year the Trustees have consldered the Charity Commisqion'% puhliqhp.d guidance on
public benefit. The aim of our charity is to provide cornforlable, affordable. accessible ac.commodation for use by
families. church affiliated groups and other groups that respeLt our values.
We review aur aims, objectives and activities each year. This review looks al what we achieved and the outcomes
of our work in the period, the success of the key activities and the benefits they have brought to those groups of
people we are set up to help. The review also helps us ensure our aim: objectives and activilies remain focused on
our stated purposes. In particular, the Iruslees consider how planned activities will contribute lo the aims and
objectives they have set.
How our Activities Deliver Public Benefit
Our main activities and who we lry to help are described below. All our charitable activities focus on the promotion
of the evangelical faith by the provision of suitable premises for hire and are undertaken to further our charitable
purposes for the public benefit.

BERNARD'S ACRE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Achievements and perfonnance
Who used and benefited from our Service5
Bernard's Acre was let for around 90010 of weekends during 2024 which is our primary letting pattern. The
occupancy rate during the year averaged out at around 45°/0 Wlth higher usage in high season and lower usage in
low season. The impact of our work goes far beyond the individuals who stay at Bemard's Acre. The bookings
retumed to a more normal paltem. which included church based groups and activities including youih groups,
educational groups. adult retreats and family groups. Our work also benefils the churches, families and communities
which guests belong with additional income generated by letling to farnilies and groups for holidays during the
periods when the centre would otherwise be vacant.
Financial roview
The charitable company made an operating surplus in the year of £12,724 (2023 - surplus £59,626).
Total income decreased by £49,306 compared to the previous year.
Total expendilure showed a decrease of £2,404 compared lo the previous year.
The charitable company's funds totalled £477,32512023= £464,601) at Ihe year-end with net currenl assets totalling
£31,303 (2023: £28,217).
Prlnclpal Fundlng Sources
The principal funding sources for the charlty OV8r this y8ar were th8 lettlng of Bemard's Acre and some donations
from supporters.
Investment Pollcy
Aside from retaining a prudenl amount in reserves each year mosl of the charlty's f(Ands 8re to be sp8nl in the short
term concentrating on repayment of long term borrowlng and upgrade of the prem15es in order to reach a carbon
neutral posilion in the long term, so there are no funds for long term investment.
ReseNes policy
The directors have examined the charily's requirements for reserves in light of th8 main risks to the organisation
which would include a significant reduction in letlings income and the liabilities associated with employment of staff.
It has established a policy lo hold al least 6 months of unrestricted expenditure. Reserves this year lolalled
£477,325 which was in line with Ihis policy.
Budgets for the coming yp.ar fDrer.ast a net operating profit of £21,915 of which it is proposed £10,000 woiild be
earmarked for the final rp.paymp.nt i)f the mortgage capital.
Plans for future perlods
The charity has a full booking diary for 2025. We are reviewing our rnarkelinq slraleqy in order to maximise the
incorne that can be generated during the low season now the up(]rade has been completed allowing letlinq all year
round.
Structure, governance and management
Governing Document
The organisation is a charitable company limited by 9uarantee, incorporated on 12th June 2009 and registered as a
charity on 21st August 2009. The company was established under a Memorandum of Association which
established the objeclive5 and powers of the charitable company and is qoverned under its Articles of Association.
In the event of the company being wound up members are required to contribute an arnounl not exceeding £10.

BERNARD'S ACRE
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Dlrectors
The names of persons who are directors for the purpose of company law and trustees for the purpose of charity law.
who served during the year and up to the date of this report, are set out on pag8 1.
MrA Heron
Mrs R J Sowden
Mr P T Sowden
Mrs l Mathieson
Mrs R Heron
Mr P J Hawes
Mr C R Eggins
Mrs M Burge
Mr P Burge
(Appointed 27 September 2024)
(Appointèd 27 September 2024)
Recruitment and appointment of tnistees
The directors of the company are also charity trustèes for the purposes of charity law. Under the requirements of
the Memorandum and Articlès of Association the dir8Ctors are elected to serve for a period of three years after
which they must be re-elected at the nextAnnual Gèneral Meeting. The directors are also members of the company
and the company has no members who are not directors, therefore the Annual General Meeting was deemed lo
have taken placè as part of the meetrng of the directors at which the Accounts were presented for approval.
All directorsArustees giv8 their time voluntarily and r8ceived no benefits from the Charity
Organisational structurg
Bernard's Acre has a board of directors who meet biannually lor more as required) and are responsible for the
strategic dirèction and policy of the charity. At present the board has s8ven members from a variety of professional
backgrounds relev8nl to the work of the charity.
Induction and training of truste8s
l* new trustees were appointed during the year. All trustees have visiled Bern8rd's Acre and volunteer in practical
ways.
Additionally, trustees familiarise themselves with the charity and the context within which it operat8s, including..
Th8 obligations of members
The main documents which set out the operational framework for the charity including the Memorandum
and Articles
Resourcing and the current financial position
Future plans and objectives
Rlsk Manag•M•nt
The directors have reviewed the major risks to which the charity is exposed. Where appropriate, systéms or
Pro￿dureS have been established to mitigate the nsks the Charity faces.
Mr A Heron
Trustee
Date..
1£ NIA-H 301

BERNARD'S ACRE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BERNARD'S ACRE
I report lo the Trustees on my examination of the financi81 statements of Bernard's Acre (the charily) for the year
ended 31 December 2024.
Responsibilities and basis of report
As the Trustees of the charity land also its directors for the purposes of company lawl, you are responsible for ihe
preparation of the financial slatemenls in accordance with the requir@ments of the Cornpanies Act 2006.
Having satisfied myself that Ihe financial slatemenls of the charity are not required to be audited under Part 16 of
the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the
charity's financial 51alemenls carried out under section 145 of the Charities Act 2011 . In carrying Dut my examination
I have followed the Directions given by the Charity Commission under 5eclion 145{51{bl of the Charities Act 2011.
Independent examlner'5 Statement
I have cornpleted my examination. I confirm that no matters have come to my allention in connection with the
examination giving me cause lo believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 386 of the Companies Act
2006.
the financial statement8 do not accord with those record8; or
the financial sl8lements do not comply wilh the accounting requirements of section 396 of the Companies Act
2006 other than any requirement that the financial statements give a Irue and fair view, which is not a matter
considered as part of an independent examination., or
the finanLial statements have nol been prepared in accordance with th& methods and principlp.s of the
Slalement of Recommended Practice for accounting and reporting by charities applicablp, lo charities
preparing their financial statements in accordance with th8 Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021.
I have no conGerns and have come across no other matters In connectSon with the examinatlon to whlch attention
should be drawn in this report in order to enable a proper understanding of the financial statements lo be r8ar.hed.
Mr A Hemmlngs BA (Hons) FCA CTA
for and on behalf of Simpkin5 Edwards LLP
The Summit
Woodwaler Park
Pynes Hill
Exeter
EX2 5WS

BERNARD'S ACRE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted
funds
2024
Unre5trict&d
funds
2023
Restricted
fund5
2023
Total
2023
Notes
Income from:
Donalions and legacies
Charilable aclivilies
Other trading activilies
Investments
3,026
55,539
25
1,050
51,663
50,929
221
1,133
5,000
56,663
50,929
221
1,133
Total Income
59,640
103,946
5,000
108,946
Expendlture on:
Charitable activitie8
46,916
49,320
49,32Q
Total expenditure
46,916
49,320
49,320
Net income
12,724
54,626
5,000
59,626
Transfers between funds
5,000
15,000)
Net movement in funds
12,724
59,626
59,626
Reconclllatlon of funds:
Fund balances at 1 January 2024
464,601
404,975
404.975
Fund balances at 31 December 2024
477,325
464,601
464,601
The slalemenl of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

BERNARD'S ACRE
BALANCE SHEET
AS AT31 DECEMBER 2024
2024
2023
Notes
Flxed assets
Tangible assets
446,067
458,384
Current assets
Debtors
Cash al bank and in hand
10
5,655
48,311
3,710
43,912
53,966
47,622
Credltors.. amounts falllng due wlthln
one year
12
122,708)
(19,405)
Net current assets
31,258
28,217
Total assets less current Ilabllltles
477,325
486,601
Credltors: amounts falllng due after
more than one year
13
122,000}
Net assets
477,325
464,601
The funds of the charity
Unrestricted funds
16
477,325
464,601
477,325
464,601
The company Is entltled to the exemption from the audit requirement contained in section 477 of the Companies Acl
2006, for the year ended 31 December 2024.
The dirp.clors arknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respeGt to aGGounling records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for Ihe year in question in
accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable lo companies subject
to Ihe small companies regime.
The flnancial s
ements w re approved by the Trustees on
I£Md-12o3%
MrA Heron
Trustee
Company registration number 6932120 (England and Wales)

BERNARD'S ACRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcles
Charity information
Bernard's Acre is a private company limited by guarantee incorporated in England and Wales. The reg￿stered
office is 15-17 Southemh8y East, Exeter. Devon, EX1 1 QE.
The liability of each member in the event of winding up is limited to £10.
1.1 Accounling convention
The financial slalemenls have been prepared in accordance with the charily's goveming document, the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland. and the Charities SORP 'Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable to ch8rilies preparing their accounts in accordan￿ with the FinanGial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102)" The charity is a Public Benefit Entity as defined by
FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not lo prepare a statement of
cash flows.
The financial slalemenls are prepared in sterling, which is the functional currency of the charity Morietary
amounts in these financial statements are rounded to the nearest £.
The financial statements have be.en prppared under the hislarical co81 convention, modifie.d to inr.lude the
revaluation of freehold properties at fair value. The pnnaipal accounting policies adopted are set out hp.low.
1.2 Golng concern
At the time of approving the financial staternenls, the Trustees have a reasonable expectation that the charity
has adequate resources to continue in operalional existence for Ihe foreseeable future. Thus the Truslees
continue to adopl the going concern basis of accounting in preparing the financial slalements.
1.3 Charitablo funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
1.4 Income
Income is recognised when the charity is legally entitled lo il after any performance conditions have been mel,
Ihe amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the lime of the donation.
1.5 Expenditure
Expenditure is recognised once there 15 a legal or constructive obligation to transfer economic beriefit lo a
Ihird party, il is probable that a transfer of economic benefits will be required in settlement. and the ainount of
the obligation can be measured reliably.
1.6 Tangible fixed assets
Tangibl& fixed assets are initially rneasured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment1osses. Equipment costing more than £750 is capilalised.

BERNARD'S ACRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcles
(Continued)
Depreciation is recognised so as to wrile off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Freehold land and buildings
The freehold property is slaled at estimated market value and
is not depreciated
15Q/a straight line
Fixtures and fittings
The gain or loss arising on the disposal of an asset is determined as the dilference between the sale proceeds
and the carrying value of the asset. and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end dale. the charity rgviews the carying amounts uf its tangible assets to detemine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists. the recoverable amount of the asset is estimated in order lo determine the extent ol the impaimienl
loss lif any).
1.8 Flnanclal Instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Inslrumenls, and Section 12
'Other Fin8nci81 Instruments Issues, of FRS 102 lo all of ils financial instruments.
Financial instruments are recognised in the charity's balanc8 sheèt when the charity becomes party to the
conlraclual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial slalements, when
there is 8 legally enforceable right to set off the recognised amounts and there is an inlenlion lo selllo on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, whicli include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carrled al amortised co8t ijsing the p.ffective
interest method unless the arrangement constitutes a financing tr8nsaclion, where the Iransaction is
measured at the present value of the future receipts discounled al a market rale of interest. Fin8ncial assols
classified as receivable within one year are not amortised.
Basic financial liabilities
Ba5iL finanLial liabilities, including creditors and bank loans are initially recognised at Iransaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is mp,asured al the present
value of the future payments discounted al a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt inslrumenls are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when Ihe charily's contractual obligations expire or are discharged Dr
cancelled.

BERNARD'S ACRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcies
(Continued)
1.9 Taxation
As a charitable company, Bemard's Acre is exempl from lax on income and gains falling within sections 466 to
493 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the
extent that these are applied lo its charitable purposes. No tax charges have arisen in Ihe charity.
1.10 Employee benefit
The cost of any unused holiday entitlemenl is recognised in the period in which the employ6e's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide termination benefits.
1.11 Supply of Water to Riverside Cottage
A deed has been drawn up between Bernard's Acre and Riverside. Cottage regarding water supplied via
Bernard's Acre. The costs of metered water and standing charge are Shown in other income.
Income from donatlons and legacles
Unrestricted Restricted
fund5
funds
2024
2024
Total Unrestricted Restricted
funds
fund5
2023
2023
Total
2024
2023
Don81ions 8nd glfts
3,026
3,026
51,663
5,000
56,663
Income from charitable activltles
Charitable Charitable
activities
activities
Income
income
2024
2023
Leltings income
55,539
50,929
Analysls by fund
UnrestriGted funds
55,539
50,929
Income from other tradlng actlvities
Unrestricted Unrestricted
fund5
funds
2024
2023
other income
25
221

BERNARD'S ACRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from Investments
Unrestricted Unrestrlcted
funds
funds
2024
2023
Interest receivable
1,050
1,133
Expenditure on charitable activities
Charitable
Charitable
expenditure expenditure
2024
2023
Dlrect costs
Staff costs
Depreciation and impairment
Healing and lighting
Insurance
Water and sewage
Waste disposal
Telephone
Repairs, maintenance and equipment
Cleaning
Renl and rates
Accountancy
Payroll charges
Bank charges
Miscellaneous expenses
Loraine Trust mortgage interest
Dues and subscriptions
Advertlsing
14,627
12,317
825
3,191
715
837
1,333
2,599
4,481
276
2,190
252
60
1,373
880
326
634
12,404
9,404
3,792
2,878
826
484
1,091
6,296
3,885
338
2,n10
252
91
1,271
3,280
555
463
46,916
49,320
Analysis by fund
Unrestricted funds
46,916
49,320
Trustees
One of the Trustee5 wa5 reimbursed expenses totalling £564 12023.. £2,206) during the year. These costs
were in relation to charitable expenditure.
10-

BERNARD'S ACRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Employees
The average monthly number of employees during the year was:
2024
Number
2023
Number
Employment costs
2024
2023
Wages and salaries
14,627
12,404
There were no employees whDse annual remuneration was more than £60,000.
Tangible fixed assets
Freehold land Flxtures and
and bulldlngs
flttlngs
Total
Cost
At 1 January 2024
400,000
90,705
490,705
Al 31 December 2024
400,000
90,705
490,705
Depreciation and impairnient
Al 1 January 2024
Depreciation charged in the year
32,321
12,317
32,321
12,317
Al 310ecember 2024
44,638
44,638
Carrying amount
At 310ecember 2024
400,000
46,067
446,067
At 31 December 2023
400,000
58,384
458,384
10 Debtors
2024
2023
Amounts falling due within one year:
Trade deblors
Other debtors
Prepayments and accrued income
2,023
1,069
2,563
1,396
2,314
5,655
3,710
11

BERNARD'S ACRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
11 Loans and overdrafts
2024
2023
Bank overdrafts
Other loans
6,307
22,000
10,000
10,000
28,307
Payable within one year
Payable after one year
10,000
6,307
22.000
A loan of £100,000 has been offered by The Loraine Chrisiian Trust with interest charged at 41/lp over a period
of up lo fifteen years.
The Charity repaid £12,000 during the year.
12 Creditors: amounts falling due within one year
2024
2023
Notes
Bank overdrafts
Borrowings
Other taxation and social security
Deferred income
Trade creditors
Other creditors
A¢cnJals
6,307
10,000
36
10,392
45
1451
2,280
14
10,042
659
2,397
22,708
19,405
13 Credltor8: amounts falllng due after more than one year
2024
2023
Borrowings
22,000
12

BERNARD'S ACRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
14 Deferred Income
2024
2023
Olher deferred income
10,392
10,042
Deferred income is included in the financial statements as follows:
2024
2023
Deferred income is included within..
Current liabilities
10,392
10,042
Movements in the year..
Deferred income al 1 January 2024
Released from previous periods
Resources deferred in the year
10,042
110,0421
10,392
9,133
19,650)
10,559
Deferred income al 310ecember 2024
10,392
10,042
15 Restrlcted funds
The restricted funds of the charity comprise the balances of donations 8nd grants held on trust subject to
specific condltions by donors 8S to how they may be used.
Prevlous year:
At 1 January
2023
Incoming
resources
Transfers
At31
December
2023
The Moshulu Charitable Trust Grant
5,000
15,000)
During the previous year, the charity recelved £5,000 from The Moshulu Charitable Trust. This donation was
to be used to 8SSlSt the charity in the purchase of solar panels.
13-

BERNARD'S ACRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
16 Unrestricted funds
At 1 January
2024
Incoming
resources
Resources
expended
Transfers
At31
December
2024
General funds
464,601
59.640
146,916)
477.325
Prevlous year:
At 1 January
2023
Incomlng
resource5
Resources
expended
Transfers
At31
December
2023
Revaluation of property
General funds
250,000
154,975
250,000
214,601
103,946
(49,3201
5,000
404,975
103,946
(49,3201
5,000
464,601
17 Related party transactions
Equipment and work done totalling £34812023.. £767) was paid for by the charity to a company where the son
of two of the tTUSteès is a director.
14