COMMUNITY CHAPLAINCY ASSOCIATION REGISTERED CHARITY NUMBER 1135561 COMPANY NO. 06706767 UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMEBER 2024 WHITAKERS CHARTERED ACCOUNTANTS NEWQUAY
COMMUNITY CHAPLAINCY ASSOCIATION CONTENTS Page Trustees, report Includes Statement of trustees, responsibilities Independent examineffs report Statement of Financial Activities Balance sheet Notes to Financial Statements 7-12
COMMUNITY CHAPLAINCY ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees Muhammad Maqsood Ahmed Catherine Jerrard Mark Mansell Rev. Anthony Charles Oehring Jacqueline Susan Oglethorpe Zakkaria Sayed Rev. Alison Waterhouse Rev Richard Thomson Vince Wemyss Secretary Mark Mansell Charity number 1135561 Company number 06706767 Registered office Clo Panlry Cottage Goodrrch Ross on Wye HR9 6JE
Page 1 COMMUNITY CHAPLAINCY ASSOCIATION TRUSTEES. 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, which is prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The accounts have been prepared in accordan with the accounting policies set out in note 110 the ac¢ounts and comply with the charitys memorandum and articles of association. the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing the accounts in accordance with the Fianancial Reportin9 Standard applicable in the UK and Republic of Ireland {FRS 1021" {as amended for a¢counting periods commencing from 1 January 2019}. Objectives and activities The charivs objectives are.. For the benefit of the public to promote the rehabilitation and resettlement of. and to relieve financial hardship. distress, suffering and sickness amongst, offenders, persons subject lo community orders, and their families and dependents, eil or in co-operation with any other body. authority or peisons. in particular but not exclusively by the provision of support. infomiation, advocacy and pastoral care. The trustees have paid due regard to guidance issued by the Charity Commission in de¢iding what a¢tivities Ihe charity should undertake. Review of the year The role of the Community Chaplaincy Association ICCAI is lo support and represent its Community Chaplaincy members as they in turn support people trying to move away from crime. We have 3 key strands to our strategic plan- Representation of our members within the faith sector, the voluntary and statLtlory sectors and the criminal justice arena Development of the association, focussing on glowing new community chaplaincies especially in under- represented geographical areas Improvement of the existing projects through ensuring sharing of best practice. fa¢ililating networking and developing partnerships and training Our Members Our members are independenl, failh-based ¢harities, providing practical and emotional help with resettlement. They work in prisons, through the gate and in the community. Some have specialisms., Housing, Employment, Family Support, Social Enterprises, Women. Almost all provide 1.1 mentoring. At the end of year Ihere were 33 adive Community ¢haplain¢ies. Funding of CCA We came to the end of our mulliyear funding from Lloyds Bank Foundation and Tudor Trust and Barrow Cadbury. and we are very grateful for fundin9 which allowed us lo increase the Muslim representation within the membership We are $0 grateful to our funders: Benefa¢l Trust who awarded us a 3-year grant to develop and grow the membership. At the end of 2024, the halftvay poinl of the granL we w@re delighted lo have welcome 7 new chaplain¢y projects Sin the grant began.
Page 2 COMMUNITY CHAPLAINCY ASSOCIATION TRUSTEES. INCLUDING DIRECTORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 We continue to receive funding from Allen Lane Foundation and are grateful to new funding from Edward Cadbury Charitable Trust, Herefordshire Communily Fund, 29 May 1961 Charitable Trust, The Hedley Foundation, The Alchemy Foundation, Belpech Charitable Trusl, The Eleanor Rathbone Charitable Trust and the Soulhall Trust. Some oflhis funding has enabled us to focus on strengthening our impact with young offender's instilutions and we have further developed our relationships wilh HMYOI'S Werringlon, Wetherby Feltham and Parc. Key actlvities With the support of funding from the Benefacl Trust we sel a target in 2023 to increase the membership by 15 over the next three years. By the end of 2024 we are pleased lo report that we have accepted 7 new projects into membership'.- Shewise Th3 Sun Hereford5hire Vennture Hope Ipswich Community Chaplaincy Wednesfield Avicenna Hub Pilsdon at Malling Community These projeels have enriched our neOrk and continue lo expand our seNice diversification and faith representation. We continue to work to fill geographical gaps in provision. Eleven of our member projects received visits from Simon Tarllon CEO during the year and many more received online. telephone and email support. We received 16 responses to our annual Survey. These 16 member organisalions had supported nearly 2000 prison leavers over the 12-monlh period. They also confirmed that they valued being part of the association. they valued the neorking opportunities and that the CCA promoted faith- based support of prison leavers by representing the members at a national level. In 2024 we made the decision to cease supplying the data management system called lyzuka. This was a difficult decision bul wlh rising costs and fewer members using the system we took the decision lo end the contract. We are now committed lo working with researchers 10 try to estsblish effective ways of measuring the impael that failh-based work with prison leavers has on both the prison leaver and their local communities. We were delighted to welcome 88 our conference keynolB speaker Jane Dominey from the University of Cambiidge. The conference enabled us lo examine developments in community chaplaincy since the publication of the "Community Chaplaincy and Desistsnce.. Seeing a New Future. paper published in October 2017. We plan lo commission further research in 2025. We maintain strong partnership links with. arnongsl others, HMPPS, the Chaplain General James Ridge {who delivered the reflection at our annual conference) the Welcome Directory and the Muslim Chaplaincy Association. The trustees met four times online and twice face-lo-face during the year. This included an Away Day spenl at one of our newest member projects Herefordshire Vennture. Staffing The funding for the Muslim Development worker came to an end this year and we said farewell lo Qasim Farid our Muslim Development Worker. We are very grateful for all his work over the last 4 years and delighted to have welcomed his new project The Avicenna Hub into membership.
Page 3 COMMUNITY CHAPLAINCY ASSOCIATION TRUSTEES. INCLUDING DIRECTORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Given our financial challenges we also reduced our CEO Simon Tarlton's hours in September and we remain very grateful for his flexibility- Fewer staff hour5 means that we have had to look at our targets and objectives for 2025 and beyond and the responses to our CCA annual survey has helped us to refocus the targets for 2025. FSnanclal Outcomes Last year we received £89,106 in grants and donalions, of which £50,000 wa5 to support start-up projects. We received £2.865 of other income. We spent £110,799, of which £40,000 was grants to start-up projects. Our restricted funds balances ended the year at £46.750. of which £30,000 was for start-up projects. Our unrestricled funds balances ended al £9,324. Pollcy In relation to reserves of unrestricted funds It is the policy of Ihe charity that unrestricted funds should be maintained at a minimum of three months, worth of current demands on them. The trustees consider that reserves at this level would allow an orderly diminishmenl of activity, meeting all obligations should new funding not be forthcoming. This level of resetves has been maintained Ihroughoul the year. Trustegs, responsibilities in relation to financial statements The trustees, who are also the directors of Community Chaplaincy Association for the purpose of company law, are responsible for preparing the Trustees, Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepled Accounting Practice). Charity law requires Ihe trustees to prepare financial statements thai give a true and fair view of the state of affairs of the charity at the end of the financial year and of ils surplus or deficit for the financial year. In doing so the trustees are required to: select suitable accounting policies and apply them consistently- observe the methods and principles of the Charities SORP.. make judgements and eslimales that are reasonable and prudenl slate whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statement5- and. prepare the financial statemerils on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper acGounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Iruslees are responsible for safeguarding the assets of the charity and hence reasonable steps are taken for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrily of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. In preparing this report, advantage has been taken of the exemption in the small companies, regime. On behalf ot the board of trustees Jackie Oglethorpe Chair of Iru51ees
Page 4 COMMUNITY CHAPLAINCY ASSOCIATION REGISTERED CHARITY No 1135561 INDEPENDENT EXAMINERS. REPORT TO THE TRUSTEES OF THE COMMUNITY CHAPLAINCY ASSOCIATION I report on the financial statements of the Association for the year ended 31 December 2024 which are set oul on pages 6 to 13. Respective responsibilitias of Trustees and Examiner The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. Thè charity's truslees consider that an audit is not required for this year under section 14412) of the Charilies Act 2011 (the 2011 Acl) and that an independent examination is needed. Having satisfied myself that the charity is not subject lo audit under Part 16 of the Companies Act 2006 and is eligible for independent examination, il is my responsibility to- examine the accounts under Seclion 145 of the 2011 Act., to follow the procedures laid down in Ihe General Directions given by the Charity Commission (under Section 145{5)(b) of the 2011 Act., and • to state whether particular matters have come to my attention. Basis of Independent Examiners, 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 Charity and a comparison of the accounts presented with those 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 no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set oul in the statement below. 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 wilh $e¢tion 386 of the Companies Act 2006, and to prepare accounts which accord with the accounting records, comply with the accounting requirements of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice- Accounting and Reporting by Charities (revised 2005) have not been mel, or 2. to which, in my opinion. attention should be drawn in orderlo enable a proper understanding of the accounts lo be reached. S. G. HAWKEY F.C.A WHITAKERS Chartered Accountants 517 Berry Road Newquay Cornwall Dated. Ig Mthlc.H 252£
Page 5 COMMUNrrY CHAPLAINCY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted Restrictsd Funds Funds 2024 2024 Totsl Funds 2024 untriCted Restrict Funds Funds 2023 2023 Total Funds 2023 Notes Income from: Donations and lega¢ies Membership subscription5 Investment income.. Interest receThiable 10,106 1,275 79.000 89.106 1.275 10,000 3,940 94,289 104,289 3,940 1590 1.590 1882 1,882 Total Income 12,971 79,000 91.971 15.822 94.289 110.111 Expenditure Charitable aclNities Governance Costs 48,150 989 61,660 109,810 989 119.972 119.972 1.203 1.203 Total Resources Expended 49,139 61,660 110,799 1.203 119,972 121.175 Net Incomlng resources for the year 136,168) 17,340 (18,828) 14.619 {25,683} 111.C641 Net rnovement in funds {36.168) 17,340 (18,828) 14,619 {25,8831 111.0641 Transfers between funds {36,1681 17.340 (18.8281 14,619 {25,6831 111,0641 Reconciliation of Funds Total funds bfought forward 45.492 29.410 74,902 30,873 55,093 85,966 Totsl funds carried foThéard 9,324 46,750 56.074 45,492 29.410 74.902 The ststement of financial activities includes all gains and losses reccgnised in the year. All income and expenditure derive from continuing actwitie5
Pag• 6 COMMUNITY CHAPLAINCY OCIATION BALANCE SHEET AS AT 31 D CEMBER 2024 2024 2023 Notes CURRENT ASSETS Debtors and Prepayrnents Cash al Bank and in hand 275 75,435 61,436 61.436 75.710 CURRENT LIABILITIES: Amounts falllng due withln on• y•ar CredIt(S and Accruals 5.362 808 5,362 808 NET CURRENT ASSETS 56,074 74,902 TOTAL NET ASSETS £ 56,074 £ 74.902 REPRESENTED BY UnstriCted Funds 9,324 45,492 Restricted Funds 12 46.750 29.410 £ 56.074 £ 74,902 The company is enlilled lo exemption from audit under StIOn 477 oflhe Ccfflpanies Act 2006 fc( the year ended 31 Decembw 2024. The members have not required the company to obtsin an audit of Sts financial staiemenls for the yew ended 31 December 2024 in accordance with sec11c 476 of the Ccfflpwiies Acl 2006. The directows acknowledge Iheir responsibilitie5 for.. al enSung th81 the company keeps accounting records which comply with Sections 386 8nd 387 of the Compani&8 Act 2006 an¢J bl preparing financial statements which give a true and frdir wew ol the slate of affairs of the company as ai ihe end of each financial year and of ils movement in funds for each financial ye8r in accordance with the requirements of Secliix15 394 and 395 and which olhemise ¢(%nply wilh the requirements of the Companies Act 2006 lating to financial 5talernents. $0 far a5 applicable lo Ihe company. The financial slalements have been prepared In accordance with the provisions appllcable lo small companies subjeel lo small Companies wime and in accordance with FRS 102 SORP. Approved by the Trustees.. J Oglethorpe Chalr of trustees Daled".
Page 7 COMMUNITY CHAPLAINCY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1. ACCOUNTING POLICIES Communty Chaplaincy Association is a private company limited by guarantee incorporated in England and Wales. The registered office is Clo Paniry Cottage, Goodrich, Ross-on-wye, Hereforshire, United Kingdom, HR9 6JE. Accounting convention I ne nnanciai staiemenis nave oeen preparea In accoraance wttn ine charrys Memorandum ana Anicies OT Associaiion. the Companies Act 2006. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. rFRS 102") and the Charities SORP "Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in accordance wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 January 20191. The charity is a Public Benefft Enlty as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Stalement of Cash Flows. The financial statements are prepared in sterling. which is Ihe functional currency of the charty. Monetary amounts in these financial slalements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, [modtfied to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair valuel. The principal accounting policies adopted are sel out below. b. Going concern At the time of approng the financial statemenls, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. c. Charitsble funds Unreslr¢cted funds are available to spend on actwrf(ies that fvrther any of the purposes of the charity. Restricted funds are grants and donations which the grantor or donor has specffied are to be solety used for particular areas of the charty's work or for specffic projects being undertaken by the charity. d. Income All incoming resources are included in the statement of financial activities when the charity is entitled to the income and when Ihe amount can be quantffied wtth reasonable accuracy. Cash donations are recognised on receipt. Other donations are recognised once the charty has been notrfied of the donation. unless performance conditions require deferral of the amount. Income lax recoverable in relation to donations received under Gfft Aid or deeds of covenant is recogni5ed at the time of the donation Legacies are recognised on receipt or otheNise rf the charty has been notrfied of an impending distribution, the amount is known. and receipt is expected. If the amount is nol known, the legacy is trealed as a conlingent asset.
Page 8 COMMUNITY CHAPLNCy ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 e. Expendlture Expenditure is recognised on an accrual basis as a liability is incurred, inclusive of any VAT which cannot be recover8J. The charity is not registered for VAT. Charitable expenditure compromises those costs incurred by the charity In the delivery of its activities and seNices for its beneficiaries.11 includes both Costs that can te allocated directly lo such activities and those costs of an indirect nature necessary lo support them. Governance costs include those costs associated with meeting the conslilulional and stslutory requirenEn15 of the charity. All costs are allocated t£een the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly.. others are apportioned on an appropriate basis. f. Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held al call with banks, other short-tem liquid investsments with origir>al malurilies of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Baslc flnancial assets Basic financial assets, which include debtors and cash and bank balan. are initially measured at transaction price including transaction costs and are subsequently carried al amortised cost using the effective interest melhthj unless the arrangement conslitufrs a financing transaction. where the transaction is measured at the present value of the future receipts discounted al a market rale of interest. Financial assets classified as receivable within one year are not amortised. Basle Ilnaneialliabilities Basic tinancial liabilities. including creditors and bank loans are initially recognised al transaction pri unless the arrangement conslilules a financing transaction. where the debt instrument is measured al the present value of the future payment discounted at a market rale of interest. Financial liabilities classified as payable within one year afe not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method Trade tltorS are obligations to pay for goods or services that have been acquired in the OTdinary course of operations from suppliers. Amounts payable are classrfied as current liabilities if paymonl is due within one year or less. If noL they are presented as non-currenl liabilits. Trade creditor5 are recognised initially at transaction prt and subsequenlty measured at amortised cost using the effective interest method. Derecognition of flnanclal Ilablllties Financial liabilities are derecognised when the charty's contractual obligations expire or are di$eharged or cancelled. g. Employee benefiLr The cost of any unused holiday entitlement is reccgnised in the p8riod in which the employee's services a received. Temiinalion benefits are Tecognised immediately as an expense when the charity is demonstrably commiited lo teminale the employrrent of an employee or lo proVe termination benefits. h. Retirements beneflts Payments lo defined ¢onlribulion retirement benefit schemes are charg8J as an expense as they fall due.
COMMUNITh CHAPLAINCY ASSOCIATION Page 9 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2. Critical accounting estimates and judgements In the application of the charity's accounting policies. the trustees are required to make judgements, estimates and assumptions aboul 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. 3. Donations and legacies Unrestricted funds Restricted Unrestricted funds funds Restricted funds 2024 2024 2023 2023 Unrestricted grants Grants received for core activities Grants received for start-up projects 10,106 10,000 29,000 50,000 44.289 50.000 10,106 79,000 10,000 94,289 4. Members subscriptions & Contributions Unrestricted Unreslricted funds funds 2024 2023 Membership subscriptions and contribution to the Impact Project cost 1,276 3,940 5. Investments Unrestricted Unrestricted funds funds 2024 2023 Interest receivable 1,590 1,882
COMMUNITY CHAPLNCy ASSOCIATION Page 10 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 6. Charitable activities Unrestricted Restricted funds funds 2024 2024 Reslrict&J funds 2023 Staff costs Office Offic& project Travel Travel - project Sub8¢riplion and conference attended Events Impact Project Employee recruitment Training courses Start-up grants award&Y by the chaTity 30,415 2,314 18,206 527 66,096 4,195 269 4,224 310 7H 5,477 5,676 2,301 237 500 1,900 5,600 4,800 320 2,690 2,981 30,000 40,000 48.150 61,660 119,972 Share of governance costs ( see note 7) 989 1.203 49,139 61.660 121,175 Analysis by fund unrestrict& fund$ Restricted funds 49.139 61.660 1.203 119.972 110,799 121,175 7. Support co$t Support costs Governance costs 2024 2023 Independent examination fees Accountancy Trust& travel to board meetings Board meeting costs 558 558 540 297 152 297 152 663 1.203 Analysed betWn Ch8rf(able aclivtties 1,007 1.203 Governance costs include payments of £558 {2023 - £440) for independent examination fees.
COMMUNITY CHAPLAINCY ASSOCIATION Page 11 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 8. Trustse None of the Iruslees {or any persons connected with them) received any remuneration or reimbursed expenses during the year12023.' None of them received any remuneration). 9. Employees The average monthly number of employees during the year was- 2024 Number 2023 Number Engaged on charitable activities Employment costs 2024 2023 Wages and salaries Social security costs Other pension costs 47,058 63.016 1.031 534 532 2,546 48.621 66.096 There were no employees whose annual remuneration was more than £60,000. 10. Taxation The chaiity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to extent that these are applied to its charitable objects. 11. Cretjitors amounts falllng due within one year 2024 2023 A¢cwals and deferred income 5.362 1,108
MMUNITY CHAPLANCY ASSOCIATION Pa9e 12 NOTES TO T E FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 12. Restricted funds The income funds of the charity include restrlcied funds comprising the following unexpended balances of donations and grants held on trustfor specific purposes Movèment In funds Incomlng RèS0ueB resources txpended Movtmenl In funds Incornlng ResOue$ rèsour¢e8 •xpended Balance at 1 January 2023 Balance at l Janu8ry 2024 Balance at 31 December 2024 The Edward Cadbury Trust Herelordshire Community Fund The 29. May 1961 Charitsble Fur Headley Foundalion Alchemy Charitable Tw3t The Tudor Trust The Triangle Trust 1949 Fund The Barrow Cadbury Trust Uoyds Bank Foundation The Blagrave Trust Foundation The Albert Hunt Trust The Benefacl Trust 2.500 1.000 5.000 3,000 1,000 12,5001 11.0001 s,ooo 13,0001 11.0001 17.4101 6.473 9,284 12,299 19.592 3.080 4,383 22.000 121.0831 19,2841 112,2991 139.8811 13.oeoi 14,3831 7.410 500 15001 20,289 6,000 6,000 2,000 50,000 2,000 20,000 12,eooi 144,2501 130,0001 60,000 35,750 94.289 119,970 29.410 79.000 61.860 46.750 The Tu(lor Trust general costs associaterl with ¥upporting the development of comrnvnity chaplaincies wth priority tg National SecretarylCEO salary. The Barrow Cadbury Trust & The Triangle Trust.. co¥ts associated with the set-up of Muslim Chaplaincies to 8UPPOrt offènders and ex-offenders and contribute to reducing re-offending. Lloyd3 8ank Foundatlgn.. costs of work to inffuencè ¢hange. gulded through active dialogue with the funder. Thè Blagrave Trust.. Prowide mental health Irainlng lo prison and community chaplains working Wlth prlsonèrs. or. a related purpose with permission. Allen Lane Foundats"on.' costs asswiated with SUPFQrting vulnerable community members and to reduce oNenrlers and ex-offender5 from reoffending. The bert Hunt Trv$t'. costs towards membership development. The Benefael Trust.. core costs and development of new community chaplaincy projects. 13. Analysls of net assets between funds unreStcted funds 2024 Re8lrf¢ted funds 2024 Total Vnreslricled funds 2023 Restricted lunds 2023 Tolal 2024 2023 Funtj balances at 31 December are repsentEd by.. Current asstts I Iliabililiesl 9,324 48.750 56,074 45,492 29,410 74.902 9,324 46.750 56.074 45,492 29.410 74,902