**Company No: 07081812 (England & Wales)**
ORIEL MINISTRIES
Accounts for the year ended 30 November 2024
Oriel Ministries
## TRUSTEES ANNUAL REPORT
## **COMPANY REGISTRATION NUMBER: 07081812**
## **CHARITY REGISTRATION NUMBER: 1134992**
## **DIRECTORS / TRUSTEES**
Edward Krolik Steve Ovens Ruth Krolik Jayne Biddle ( retired 9 July 2024 ) David Buckley Rachael Quinn Georgia Forsyth Stephen Howard
## **REGISTERED OFFICE**
Southgate Technology Park Pennygillam Way Pennygillam Industrial Estate Launceston PL15 7ED
## **BANKERS**
HSBC Bank plc 4 Old Town Street Plymouth Devon PL1 1DD
## **INDEPENDENT EXAMINER**
A Wing LLB FCA Wings Accountants Ltd Unit 1, Pearl Assurance House Elbow lane Tavistock Devon PL19 0BG
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Oriel Ministries
## TRUSTEES ANNUAL REPORT
## **INTRODUCTION**
The trustees of Oriel Ministries (‘Oriel’) who also act as Directors of Oriel for the purposes of the Companies Act 2006, confirm that they have complied with the duty in section 17(5) of the Charities Act 2011, (and updated in the Charities Act 2022), to have due regard to the Charity Commissioners General Guidance on Public Benefit in exercising their powers or duties as contained within the 3 Charity Commission public benefit guides – to be a charity, to operate as a charity and to report on a charity’s work. They have referred to this guidance when reviewing the Oriel Ministries Aims and Objectives and in planning its future activities and present their annual report and the financial statements for the year ended 30 November 2024 in light of this guidance and in accordance with the principles outlined in the SORP 2019 (2[nd] edition).
The company was incorporated on 19 November 2009 as a company limited by guarantee and was registered with the Charity Commission as a registered charity number 1134992.
During the year Jayne Biddle retired as an Oriel trustee at the 2023 - 2024 Oriel AGM held on 9 July 2024 and was replaced as Treasurer by David Buckley.
OBJECTIVES OF ORIEL, PRINCIPAL ACTIVITIES AND ORGANISATION OF OUR WORK
Oriel aims to advance, for the public benefit, Christian youth work in the South West region.
As stated in its Memorandum of Association, its purpose in summary is:
1. To give young people opportunities to explore the Christian faith.
2. To help churches and other organisations working with young people through the provision of attractive Oriel activities and events where young people feel comfortable, valued and safe and are given the opportunity to learn more about the Christian faith.
3. To help young people reach their individual potential in the family, school and local community and by adopting positive life choices to be the solution rather than the problem.
The 2023/2024 charity year was an interesting and busy time, including significant change management and organisational restructuring including :-
- The return to work of co-Founder Chris Uglow at the start of the year in a new role refocused on networking and fundraising, Pulse Bus operations and the upkeep, maintenance and development of Oriel premises.
- The retirement at the July 2024 AGM of Jayne Biddle as Oriel Trustee and Treasurer and from the end of August 2024 as volunteer finance and general administrator.
- Changes in youth worker team resources, included celebration of the weddings of youth workers Harry Palmer - Brown to Lydia at the start of 2023-2024 and of Izzi to Ed Howlett at the end of October 2024.
- Developments in trustee/staff relationships and consultation involving regular Trustee, co-Founder and staff joint meetings.
- The development of relationships with the co-located Bridge Church and the Launceston Area Methodist Circuit.
The Oriel trustees held both ordinary and extraordinary meetings in person or by Zoom on 8 occasions in the year, including the AGM held on 9 July 2024. Monthly Finance Committee meetings continued and were supplemented by new meetings of trustee and co-founder joint management, personnel, health and safety and youth work committees. In addition, there were pastoral and spiritual support, consultation and performance development and review meetings with staff and 3 onsite meetings with Bridge Church leadership and trustees.
On 30 August 2024 Ed and Ruth Krolik hosted an Oriel Summer Barbecue, at their home in Delabole, for current and past trustees and staff and which provided an opportunity to thank Jayne and Debra, who were both retiring, for their invaluable contributions to the work of Oriel. Staff changes and developments have included the promotion of Izzi to Senior Youth Worker in
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## Oriel Ministries
## TRUSTEES ANNUAL REPORT
March 2024, the resignation in August of part-time Youth Worker Rachel to take up local employment in the Bude area, the release of SWYM student and Youth Worker Harry to concentrate on his final year theology degree, the appointment of Carrie Julian as part-time Administrator and Finance Officer in August 2024 and the appointment of Lydia Palmer-Brown as a part-time Youth Worker in September 2024.
Trustee training included safeguarding of children and young people and an online fundraising strategy workshop. Izzi received safeguarding lead training for her new DDSO role and the youth work team received guidance from Nikki on making age appropriate gospel and other oral presentations, public speaking, the running of club activities and events management.
We are overjoyed when we look at all the events, clubs, Pulse Bus sessions and school visits that Oriel has undertaken and by how numerous young people have been seen and met along the way. It reminds us of our main mission and purpose which is that young people need to hear the Gospel and encounter the love of Jesus. This year we have seen a total attendance by children and young people of around 7,700 at our events, clubs, Pulse Bus and schools assemblies.
Oriel Ministries’ clubs have been excitedly buzzing with activity over this past year, seeing up to 40 young people at the weekly after school Shake Shop clubs as well as more intimate smaller groups of 10-15, where relationships have been deepened and faith has grown, in our midweek Four12 and Overflow discipleship clubs.
Over the year we have tried to adapt the clubs to make them more accessible and inclusive to the young people adding specialist areas in our Loft premises including Lego, crafts, nails, hair, pampering and video gaming as well as opening up the clubs to the younger children in Primary schools and encouraging children with additional needs.
Office areas were also refurbished to create a dedicated informal Youth Work team space. It has also provided a welcoming and comfortable environment for Overflow discipleship small group working including discussion of individual concerns and needs on a one to one confidential basis in a secure and private location.
The Pulse Bus has been well attended this year, visiting schools and public areas where young people gather in Camelford, Tregadillet School and the Stourscombe Estate, Leisure Centre and Newport Co-op car park In Launceston. The Pulse Bus has also attended major community events such as the Launceston Show and Bude Youth Festival in July 2024, which saw 700 children and young people visiting the bus during the day. This amazing resource had been a fantastic way to connect with the local community and schools, to build good relationships with the young people as well as working in partnership with local churches.
The spiritual development and direction of the Ministry and its trustees, staff, volunteers and prayer partners has also been maintained and strengthened.
Regular Loft activities and Heartbeat events were held which were open to all.
The year commenced with an invitation to Tiva and Sara Daka to hold weekly 2 hour Tuesday morning praise and worship times in the Loft as well as a Christmas special prayer and worship evening. Throughout the year weekly one hour Tuesday morning praise, worship and prayer times were led by and for Oriel staff and trustees. The end of the school term in July 2024 included a day of prayer and fasting for Oriel staff and trustees and times of reflection and action planning by the Youth team. Staff were also encouraged to play an active part in their local church Sunday morning meetings, house groups, Bible studies, Alpha courses and Open the Book in schools.
Special events in the Loft included seasonal and school holiday activities including half term Shake Shop Bash holiday clubs, Family Film Club afternoons and Clothes exchanges as well as
- December 2023 - Oriel evening bring and share buffet Staff Christmas Party
- Easter 2024 - Four12 Easter party, Shake Shop Easter Special, Girls Day with 34 girls attending.
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Oriel Ministries
## TRUSTEES ANNUAL REPORT
- August 2024
- 5 August 2024 - I Am Loved - Girls Day with US singer Julie Elias with an attendance of 45 girls.
- 6 August 2024 - Dessert Night - Julie Elias music night - 60 people attended
- October 2024 - Illuminate 2024 - Christian alternative to Halloween - Light party with gospel message held twice at Oriel for primary school and secondary college age children and young people on 22 and 25 October 2024 and supported by Launceston Churches Together.
Opportunities for young people to develop and grow in their Christian Faith included the attendance by 12 young people under the leadership of Izzi, Harry and Lydia at the 3 day Spree weekend annual festival run by South West Youth Ministries ( SWYM ) - a camp held in Exeter to enable young people in the age group 8 - 17 to explore the Christian faith.
For years Oriel Ministries has relied heavily on individuals and churches to fund the work of the ministry. More recently we have worked with our professional fundraisers, Chell Perkins, on grant applications to Christian trusts and foundations for major capital projects such as the Pulse Bus as well as the current Sound of Hope schools music project. With increased fixed costs including Oriel staff employment costs it is important for us to maximise regular monthly giving by churches, individuals and local businesses.
In October 2024, we began a strategy of building closer relationships with local businesses in the Launceston area by holding a family fun night Business Charity Showcase event at Trethorne Leisure Park. Over 150 people attended, representing over 50 companies, as well as the Mayor of Launceston.
Activities at this evening event, which included a charity auction and Oriel founder Chris Uglow being dunked in an ice bath, raised a total of £4,020 on the night. New networking opportunities have provided a springboard for improved relationships with and future regular financial support from local businesses.
2024 - 2025 brings new adventures and challenges. We have so many new and exciting clubs, events, schools work and Pulse Bus events lined up as we aim to reach more young people. Our aim is to support existing church youth work activities over a wider area by holding regular Oriel Christian youth development and outreach special events. We also hope to bring our Sound of Hope schools music project to full fruition following the creation of new songs and attending school assemblies. We will not just be focusing on the Launceston area but travelling to new locations in Cornwall, Plymouth and Devon building new partnership relationships with schools, churches and local communities.
## **FINANCIAL REVIEW**
The ministry has again been blessed financially by significant gifts to develop the work. The Statement of Financial Activities shows that the total income for the charity was £136,731 compared with £94,408 in the previous year.
£123,009 of this income has been gifted by individuals, businesses and local churches or granted from charitable foundations, in comparison with £85,133 in 2022 - 2023. The level of donations of restricted funds for specific capital and revenue purposes, including the ongoing operation of the Pulse Bus and the new Sound of Hope Schools Music project, increased from £24,081 in 2022 - 2023 to £44,740 in 2023 - 2024.
It appears to be more challenging to raise funds to cover ongoing operational costs such as salaries, rent and other fixed costs than to raise funds for tangible capital assets such as the Pulse Bus. A particular focus is seen in our actions to increase the level of interest, engagement and financial support of local businesses through continuous social media and related publicity as well as through our Business Showcase family fun event held in October 2024. This local effort is also supplemented by local church tour presentations and schools assemblies. Chell Perkins, our professional fundraisers have continued to generate bids and cases of support for both capital and revenue major Christian charitable foundation awards.
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Oriel Ministries
## TRUSTEES ANNUAL REPORT
Other income has also increased over the past year with takings, largely of loft kitchen sales, showing an increase to £13,722 in 2023-2024 compared with £9,275 in the previous year.
2023 - 2024 Total Expenditure of £134,994 compares with £107,513 in 2022-2023.
Direct total expenditure on charitable activities increased from £ 55,370 to £82,659. A substantial part of the increase was accounted for by salary and training costs from £26,979 - 2022-2023 to £47,103 - 2023-2024.
The increase is accounted for by the employment of co-Founders Chris and Nikki, the replacement of costs of Youth work and bookkeeping external services by the employment of Carrie as Financial and General Administrator and of Lydia as Youth Worker, by the promotion of Izzi to Senior Youth Worker and the employment of Rachel as part-time Youth Worker.
Increased costs of events and facilities reflects an increase in the number of special events including the October 2024 businesses charity showcase family fun night and youth festival external attendance by young people and Oriel youth work leaders.
Savings have been achieved in expenditure on vehicle fuel and maintenance, Loft kitchen supplies, publicity, bookkeeping external services and cleaning and waste disposal.
The increase in South West Youth Ministry (SWYM) costs from £6,485 to £6,627 for the youth work provided by Harry included increased travelling and subsistence expenses offset by the agreement to release him from Oriel youth work obligations from July 2024.
The overall picture shows a surplus of £1,737 in 2023-2024 compared with a loss of £13,105 in 2022-2023.
The Balance Sheet shows a slight decline in the net book value of tangible fixed assets from £123,522 at 30 November 2023 to £116,246 at 30 November 2024.
We continue to thank God for his faithful provision for Oriel Ministries and the opportunities the Pulse Bus, Loft Activities and future plans for Schools’ Ministry will provide. However, none of the projects would exist without the regular unrestricted funds needed to cover our core running costs. The Board of Trustees is ever mindful of the need to secure increased giving in this area and will continue to work with Chris and Chell-Perkins to consider useful strategies to achieve this.
## **RESERVES POLICY**
Free reserves held by the charity should be maintained at a sufficient level for the orderly wind up of the charity free from debt. Currently no debt is held against assets owned by the company. Assets loaned would be returned.
## **STATEMENT OF DIRECTORS’ RESPONSIBILITIES**
Law applicable to companies in England and Wales requires the Directors to prepare financial statements for each financial year that give a true and fair view of the state of the financial activities of the company and of its financial position at the end of that year.
In preparing those financial statements, the Directors are required to:
- select suitable accounting policies and then apply them consistently;
- 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;
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Oriel Ministries
## TRUSTEES ANNUAL REPORT
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation.
The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **INDEPENDENT EXAMINER**
A resolution to re-appoint A Wing LLB FCA as independent examiner will be put to the Annual General Meeting.
This report has been prepared in accordance with the 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 2015) and in accordance with the special provisions of the Companies Act 2006 relating to small entities.
By order of the Board
**----- Start of picture text -----**
…………………………………
SCO
**----- End of picture text -----**
Stephen R Ovens
Director / Trustee
Date: 18/8/25
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## Oriel Ministries
## TRUSTEES ANNUAL REPORT
INDEPENDENT EXAMINERS REPORT
I report on the accounts of Oriel Ministries for the year ended 30 November 2024, which are set out on pages 5 to 8 below.
## _**Respective responsibilities of trustees (directors) and examiner**_
The organisation’s trustees are responsible for the preparation of the accounts. They consider that an audit is not required for this year under Section 144(2) the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:
- Examine the accounts under section 145 of the 2011 Act
- To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
- To state whether particular matters have come to my attention.
## _**Basis of Independent Examiner’s Statement**_
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisation and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
## _**Independent Examiner’s Statement**_
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- • to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
(Fellow of the Institute of Chartered Accountants in England & Wales)
Wings Accountants Ltd,
Unit 1, Pearl Assurance House, Elbow Lane, Tavistock, Devon PL19 0BG
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Oriel Ministries
STATEMENT OF FINANCIAL ACTIVITIES at 30 November 2024
|**Notes**
**Income and endowments from:**
Donations and subs etc.
Income
from
other
trading
activities – Events & The Loft
Investment Income
**Total**
**Expenditure on:**
Charitable activities
2
Other
2
**Total resources expended**
**Net Income/ (Expenditure)**
**Transfer between funds**
**Net**
**incoming/(outgoing)**
**resources**
**before**
**other**
**recognised gains/(losses)**
**Other recognised gains/(losses)**
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
78,269
13,722
-
91,991
48,432
45,510
93,942
(1,951)
-
(1,951)
(1,951)
2,896
945|**Restricted**
**income**
**funds**
**£**
44,740
-
-
44,740
34,227
6,825
41,052
3,688
-
3,688
3,688
134,317
138,005|**Total this**
**year**
**2024**
**£**
123,009
13,722
-
136,731
82,659
52,335
134,994
1,737
-
1,737
1,737
137,213
138,950|**Total last**
**year**
**2023**
**£**
85,133
9,275
-|
|---|---|---|---|---|
|||||94,408|
|||||55,370
52,143|
|||||107,513|
|||||(13,105)
-|
|||||(13,105)|
|||||(13,105)
150,318|
|||||137,213|
## Oriel Ministries
BALANCE SHEET at 30 November 2024
||_Note_|**_2024_**|**_2023_**|
|---|---|---|---|
|||**_£_**|**_£_**|
|**FIXED ASSETS**||||
|Tangible fixed||||
|assets|3|116,246|123,522|
|||------------|—————|
|**CURRENT ASSETS**||||
|Bank & cash in hand||20,634|15,492|
|Prepayments||3,014|3,030|
|Stock||200|-|
|Other debtors||765||
|||-----------|——|
|||24,613|18,522|
|**CREDITORS: AMOUNTS FALLING DUE**|**CREDITORS: AMOUNTS FALLING DUE**|||
|**WITHIN ONE**||||
|**YEAR**:||(1,909)|(4,831)|
|||-------------|—————|
|**NET CURRENT ASSETS**||22,704|13,691|
|**NET**||||
|**ASSETS**||**138,950**|**137,213**|
|||—————|—————|
|**FUNDS ACCOUNT**||||
|Restricted funds|4|152,702|134,317|
|Unrestricted||||
|funds||(13,752)|2,896|
|||——————|——————|
|**NET**||||
|**FUNDS**||**138,950**|**137,213**|
|||—————|—————|
For the year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime
These financial statements were approved by the directors and authorised for issue on the date below and signed on its behalf by:
Director:
Date: 18/8/25
**Company No: 07081812 (England & Wales)**
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Oriel Ministries
NOTES TO THE ACCOUNTS As at 30 November 2024
## **1 ACCOUNTING POLICIES**
## _**Basis of preparation of accounts**_
The financial statements have been prepared under the historic cost convention and in accordance with the Statement of Recommended Practice ‘Accounting and reporting for Charities’ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) and in accordance with the special provisions of the Companies Act 2006 relating to small entities.
## _**Incoming resources**_
Income is included on an accruals basis, except when the donors specify that they must be used in future accounting periods or donor’s conditions have not been fulfilled, then the income is deferred.
## _**Resources expended**_
Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT, which cannot be recovered.
## _**Taxation**_
Based on its status as a charitable company limited by guarantee, Oriel Ministries is exempt from Corporation Tax.
## _**Fixed assets and depreciation**_
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost of tangible fixed assets over their useful lives, on the following basis:
Motor vehicles and Plant & machinery - Fixtures, fittings & equipment - Pulse Bus -
20% straight line & 25% reducing balance 15% reducing balance & 3 yrs straight line 20 year straight line
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Oriel Ministries
NOTES TO THE ACCOUNTS As at 30 November 2024
## **2 ANALYSIS OF EXPENDITURE**
|**Charitable Activities**
South West Youth Ministry
Missional resources
Team clothing & merchandise
Events and facilities hire
Fuel & maintenance of vehicles
Donations & gifts
Loft Kitchen
Loft activities & equipment
Sound of Hope
Staff costs & training
**Other Expenditure**
Consultancy - fundraising
Publicity
Rent
Office expenses
Bookkeeping
Insurance/governance
Utilities & building expenses
Cleaning & waste disposal
HP interest
Bank Charges
Depreciation/profit on disposal|**2024**
6,627
751
48
5,734
6,790
5,300
5,490
1,007
3,809
47,103
**82,659**
15,504
709
15,000
4,032
806
1,373
2,269
1,137
-
126
11,379
**52,335**|**2023**
6,485
647
-
2,571
10,544
1,514
6,373
257
-
26,979|
|---|---|---|
|||**55,370**|
|||11,880
2,005
13,750
3,859
1,595
1,027
1,943
2,439
120
169
13,356|
|||**52,143**|
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Oriel Ministries
NOTES TO THE ACCOUNTS As at 30 November 2024
## **3 TANGIBLE FIXED ASSETS**
|**3**
**TANGIBLE FIXED ASSETS**||
|---|---|
|_Leasehold_
_Plant &_
_Improvements Equipment_
_£_
_£_
Cost at 1 December 2023
11,727
180,854
Additions
-
4,103
Disposals
-
-
——————
——————
At 30thNovember 2024
**11,727**
**184,957**
——————
——————
Accumulated depreciation at 1 December 2023
-
69,059
Charge for year
-
11,379
Depreciation on disposals
-
-
——————
——————
At 30 November 2024
**-**
**80,438**
——————
——————
**Net Book Values**
——————
——————
At 30 November 2024
**11,727**
**104,519**
——————
——————
——————
——————
At 30 November 2023
**11,727**
**111,795**
——————
——————
**4 ANALYSIS OF FUNDS**
Net
**Restricted**
**Funds**
B/fwd
Income Expenditure
Transfers
£
£
£
£
Pulse Bus
134,317
22,398
31,402
-
Sound of Hope
-
15,458
3,809
-
Winter Wonderland
-
1,884
841
-
Atlanta Trust
-
5,000
5,000
-
**Total restricted funds**
**134,317**
**44,740**
**41,052**
**-**
**Unrestricted funds**
General reserve
2,896
91,991
93,942
-
**Total unrestricted funds**
**2,896**
**91,991**
**93,942**
**-**
**Total Funds**
**137,213**
**136,731**
**134,994**
**-**|_Total_
_£_
192,581
4,103
-
——————
**196,684**
——————
69,059
11,379
-
——————
**80,438**
——————
——————
**116,246**
——————
——————
**123,522**
——————|
||C/fwd
£
125,313
11,649
1,043
-
**138,005**
945
**945**
**138,950**|
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Oriel Ministries
NOTES TO THE ACCOUNTS As at 30 November 2024
**Unrestricted funds** comprise those funds, which the trustees are free to use in accordance with the charitable objects.
**Restricted funds** comprise those funds, which the trustees have to use in accordance with the specific request of the donors or terms of the income stream.
## **5 TRANSACTIONS WITH DIRECTORS**
There were no transactions with the Directors in the year.
## **6 CONTROLLING INTERESTS**
The company is limited by guarantee and each member’s liability is limited to £1. The members’ interests are as follows:
||_2024_|_2023_|
|---|---|---|
||_£_|_£_|
|Mr E Krolik|1|1|
|Mr S Ovens|1|1|
|Mrs R Krolik|1|1|
|Mrs J Biddle|-|1|
|Mr D Buckley|1|1|
|Mrs R Quinn|1|1|
|Miss G Forsyth|1|1|
|Mr S Howard|1|1|
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