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← The John Mason Family Trust

2025-03-31-accounts

F

The John Mason Family Trust

Report and Financial Statements

Year ended: 31 March 2025

The John Mason Family Trust is registered as a charity in England and Wales with The Charity Commission (number 1136856)

The John Mason Family Trust

Reference and administrative information

Trustees

J P Mason (Chair) J L Mason (Secretary) K E Mason R K Mason R J Gates

Principal Office

Aaron & Partners Grosvenor Court Foregate Street CHESTER CH1 1HG

Charity Number

1136856

Independent examiner

Mr Alan Stott 59 Grappenhall Road Stockton Heath Warrington Cheshire WA4 2AR

Bank

HSBC

Investment Management

CCLA

Solicitors

Aaron & Partners LLP

ii

The John Mason Family Trust

Report of the Trustees for the year ended 31[st] March 2025

The Trustees present their annual report and financial statements of the charity for the year ended 31st March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s Trust Deed, the Charities Act 2011 and 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 published on 16 July 2014.

Structure, governance and management

The Trust is a registered charity, number 1136856, and is constituted under a Trust Deed dated 8 July 2010. It was endowed by a founding gift and this endowment remains its principal source of income. The Trust does not actively raise funds but seeks to continue the charitable work desired by the donor through the careful stewardship of its existing resources.

New trustees may be appointed by the existing trustees. The Trust Deed provides for a minimum of two trustees but does not impose any time limits on the period for which trustees can serve. It is the policy that any new trustees should be provided with appropriate background material concerning the Trust and the requirements of being a trustee. The Trustees appoint their Chair.

The Trustees aim to meet on a roughly quarterly basis to consider grant-making, investment strategy, reserves and risk management policies and performance. However, they met only two times in the period covered by this Report. The day-to-day administration of grants and the processing and handling of applications is carried out by the Trustees themselves and if needed by the Trust’s solicitors.

All Trustees give of their time freely.

Risk Management

The Trustees have considered the major risks to which the charity is exposed and have reviewed those risks and established policies and systems to manage them. They consider the variability of investment returns on the endowment to be the charity’s major financial risk, and have managed this by investing in a range of funds with different underlying asset classes (equities, bonds and property) operating in different geographical markets.

To ensure that beneficial grants are made, standard information is sought from applicants to confirm that the proposed use of funds is in alignment with the charity’s objects. Applications from organisations with a good track record of applying funds are favoured.

Objectives and activities for the public benefit

The objects of the Trust are:

  1. To prevent or relieve poverty or financial hardship, with particular emphasis on socially and economically disadvantaged communities in the UK North West, by providing grants to organisations that assist with education, training and other forms of support needed for the generation of sustainable income and self-sufficiency.

  2. To prevent or improve the treatment of mental or physical illness through public education and, by conducting research, to improve the effectiveness of public

iii

The John Mason Family Trust

education in preventing illness and in improving potential outcomes through early diagnosis.

  1. (a) To further the religious and other charitable works of the Church of England for the benefit of the public particularly, but not exclusively, in the Diocese of Chester.

  2. (b) To support organisations that promote religious harmony.

The Trust acts for the public benefit by providing grants to community groups and other charitable organisations which arrange projects and provide services directed towards alleviating social conditions that can lead to, or be caused by, poverty and by providing facilities that enable those in poverty and financial hardship to receive services. The provision of such grants benefits the individuals who are able to access those projects and services.

The Trust also provides grants to organisations that: (i) work to prevent mental or physical illness through education of the public in measures to diagnose illness, or by raising awareness of the symptoms and effects of different illnesses; and (ii) conduct research that aims to improve the effectiveness of public education and awareness-raising in the prevention of illness.

The public benefit as they are better informed about illness and will be able to recognise and respond accordingly to symptoms. The public also benefit from research which enables individuals to become more aware about illness and its prevention.

The Trust provides grants to the Church of England to encourage and facilitate its followers' religious practice, to raise awareness and understanding, and to support missionary and outreach work. The Trust also supports groups that promote religious harmony by (a) increasing understanding and respect of the beliefs and practices of different religious faiths; (b) building connections between people of different ethnic, religious and cultural backgrounds; and (c) supporting faith-based community activities that break down barriers caused by economic or social deprivation. The Trust benefits the members of the public who follow the teachings of the Church of England by supporting them in their religious practice. The wider public benefits from donations to groups that support wider community religious cohesion.

The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and in planning future activities and setting grant-making policy.

Grant-making policy

The Trustees receive unsolicited applications and these are generally considered at scheduled meetings of the Trustees. Site visits and additional enquiries are made in support of applications where appropriate. The Trustees aim to consider grant awards at their periodic meetings, but will occasionally agree or reject applications for grants between scheduled meetings (particularly when it is clear the applications are for purposes that fall outside the objects of the Trust). The applications that are received are normally from other registered charities that are performing for the public benefit. In response, the Trust offers grants, sometimes conditional on the success of particular projects. The Trust particularly favours the making of grants for specific projects to medium-sized charities (those with income up to about £2m) .

The Trustees also pursue a proactive approach, identifying and evaluating specific charities that might promote the Trust’s objects most effectively including those that have a closer

iv

The John Mason Family Trust

geographical proximity that makes evaluation and monitoring easier. This approach is intended also to help the Trustees to fulfil their policy of seeking to provide of the order of 50% of their grant-giving in support of their first object and 25% in support of each of the other two (although this is not considered critical).

The Trustees continue to consider how best (and whether) to support UK charities that operate overseas. They are aware of difficulties in evaluating the impact of giving towards international projects and of being able to determine genuine needs. The Trust has therefore been reluctant over recent years to make grants of this nature.

The tendency to provide follow-on grants to organisations that still required funds and had demonstrated good use of funds previously awarded to them by the Trust has been continued.

Review of achievements

Grant-making

In the period covered by this report the Trustees met on two occasions in a “hybrid” meeting using zoom for those who were unable to attend in person. At those meetings (and through additional decisions made between meetings), the Trustees approved grants totalling around £46k (2023-24, £52k) to 13 (2023-24, 14) different charities.

In relation to Object 1 a total of £34,440 (2023-24, £33.5k) was given in support of 8 (202324, 6) charities working in the areas of alleviating poverty - including to the homeless and those with family members in prison or suffering through family breakdowns - through food banks, debt counselling, provision of school clothing, and other self-sustaining assistance, and in support of disadvantaged women from ethnic minorities.

In relation to Object 2 a total of £4,750 (2023-24, £7k) was given to assist with awarenessraising of the occurrence of oesophageal cancer and of breast cancer. A grant was also made in support of a charity seeking to improve the health and well being of marginalised communities.

In relation to Object 3 a total of £6,775 (2023-24, £10.8k) was awarded to assist with charitable church youth work (£2,775), whilst separate awards totalling £4k were made to three charities working towards improved inter-faith dialogue and the promotion of religious harmony .

Monitoring

When grants are made, Trustees will invite feedback on the use of their funds. The Trustees value those charities who have provided timely reports on the effectiveness of work undertaken with the assistance of grants from the Trust. This has allowed more informed judgements to be made, particularly over the award of “follow-on” grants.

The Trustees also like to visit projects to see progress where this is possible and appropriate. Two meetings were held with beneficiaries during this reporting year.

Financial review

The Trust’s work is almost entirely reliant on income from its founding endowment. To maintain long-term viability, it is also important that the capital value of the endowment (after allowing for inflation) is not eroded. During the period to 31 March 2024, the investment income received was £36.1k (2023-24, £35.4k).

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The John Mason Family Trust

To meet the overall aim of matching income with grant awards over the long term, this was a year in which there was another element of “catch-up” from the lower levels of grants awarded some years ago. The overall deficit for the year was about £9k (excluding movements in the value of our investments, see below) The long-term committed funding of one charity (at a significant level for the Trust) is coming to an end so and this will enable us to adopt a more balanced position in which grant award levels match income more closely.

Investment policy and performance

The Trustees continued their investment policy of having a large proportion of funds with exposure to equities, a small proportion incorporating fixed interest instruments, and a moderate proportion containing property-based assets. The aim of this policy is to provide the prospects of high returns in the longer term whilst retaining sufficient cash generation to ensure that regular grant-making can still be supported in the short to medium term.

During the reporting period, the overall strategy for implementing the policy remained the same: to invest in a range of managed funds that involved different asset classes (and with a geographic spread) so as to mitigate risk and to smooth out returns from year to year. The investments continue to be held in three CCLA Funds: the Ethical Fund, the Global Equity Fund and the Property Fund. At year-end the split in value of holdings between these three funds was: 46%, 44% and 10% respectively, the target being around 45%,.40% and 15%. The Trustees consider that the current split is acceptable and do not propose any rebalancing.

The stated aim of these CCLA Funds is to maintain their underlying capital value in real terms, whilst having prospective yields of up to 5% per year. Recent years has seen the CCLA portfolio perform well, but in the reporting period when matched against benchmarks it is clear that it has under-performed significantly. Both US and UK equity markets were up about 7% over the period. Despite the heavy weighting of our portfolio towards equities (a policy that the Trust has pursued for several years whilst bonds offered little value) the buoyancy of those markets has not been reflected in our returns. This appears to be a result of the conservative nature of the CCLA managers who have avoided US tech shares during a time that they have boomed. Although this may yet prove to be a prudent strategy for CCLA, it will be of some concern if underperformance continues, and the Trustees will monitor the position carefully. By the end of the reporting year, the average annualised yield from all investments was just 3.0% having been 2.9% in 2023-24. This small improvement was as a result of a combination of the capital value of the investments decreasing by 4.6% over the same period (2023-24 increased by 10%) whilst the distributions were 2% higher than in 2023-24.

Reserves policy

The Trustees revisited the Reserves policy in 2015-16 and decided that there was no longer any need formally to maintain any specific level of reserves although it was likely that in practice about £5k (probably in cash) would be retained in the unrestricted fund. This remains the reserves policy.

Approved by the Trustees at its meeting on 17 December 2025 and signed on their behalf by the Chair of the meeting.

John Mason, Chair of Trustees

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vi

The John Mason Family Trust

Independent Examiner’s Report

Report to the Trustees of the John Mason Family Trust (registered charity number 1136856) on accounts for the year ended 31 March 2025 set out on pages 1 to 5.

Respective responsibilities of Trustees and examiner

The charity's Trustees are responsible for the preparation of the accounts. The charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. 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 out 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:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:

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Date: 18 December 2025

Mr Alan Stott

59 Grappenhall Road, Stockton Heath, Warrington, WA4 2AR

vii

Statement of financial activities

Note
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Other trading activities
Income from investments
3
Income from charitable activities
Other income
TOTAL INCOME AND ENDOWMENTS
EXPENDITURE ON
Expenditure on raising funds
Expenditure on charitable activities
4
Other expenditure
Net gains/(losses) on investments
5
NET INCOME/(EXPENDITURE)
Transfers between funds
6
Gains/(losses) on revaluation of fixed assets
Other gains/(losses)
NET MOVEMENT IN FUNDS
BALANCES B/FWD 1 APRIL
BALANCE AT 1 APRIL RESTATED
BALANCES C/FWD 31 MARCH		 Unrestricted
Funds
£
100
0
36,132
0
0
36,232
0
(43,815)
(60)
298
(7,345)
0
0
0
(7,345)
32,648
32,648
25,303		 Designated
Funds
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
For the		 Restricted
Endowment
Funds
Funds
£
£
1,000
0
0
0
0
0
0
0
0
0
1,000
0
0
0
(2,250)
0
0
0
0
(57,581)
(1,250)
(57,581)
0
0
0
0
0
0
(1,250)
(57,581)
1,625
1,238,519
1,625
1,238,519
375
1,180,938
Year to 31 March 2025		 TOTAL FUNDS
2024/25
£
1,100
0
36,132
0
0
37,232
0
(46,065)
(60)
(57,283)
(66,176)
0
0
0
(66,176)
1,272,792
1,272,792
1,206,616		 Unrestricted
Funds
£
63
0
35,423
0
1
35,487
0
(49,375)
(60)
(803)
(14,751)
0
0
0
(14,751)
47,400
47,400
32,649		 Designated
Funds
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
For the		 Restricted
Endowment
Funds
Funds
£
£
2,000
0
0
0
0
0
0
0
0
0
2,000
0
0
0
(2,250)
0
0
0
0
123,870
(250)
123,870
0
0
0
0
0
0
(250)
123,870
1,875
1,114,649
1,875
1,114,649
1,625
1,238,519
Year to 31 March 2024		 TOTAL FUNDS
2023/24
£
2,063
0
35,423
0
1
37,487
0
(51,625)
(60)
123,067
108,869
0
0
0
108,869
1,163,924
1,163,924
1,272,793

The notes on pages 3 to 5 form part of these accounts

The John Mason Family Trust Balance sheet as at 31 March

Note
FIXED ASSETS
Tangible
Investments
5
CURRENT ASSETS
Debtors
7
Short-term deposits
8
Cash at bank and in hand
LIABILITIES
Creditors: amounts falling due in one year
9
NET CURRENT ASSETS/(LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITES
Creditors - amounts falling due after one year
TOTAL NET ASSETS
TRUST FUNDS
Unrestricted
Designated
10
Restricted
11
Endowment
6		 Unrestricted
Funds
£
0
21,404
21,404
13
0
3,986
3,999
(100)
3,899
25,303
0
25,303
25,303
0
0
0
25,303		 Designated
Funds
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0		 Restricted
Funds
£
0
0
0
0
0
375
375
0
375
375
0
375
0
0
375
0
375		 Endowment
Funds
£
0
1,180,938
1,180,938
0
0
0
0
0
0
1,180,938
0
1,180,938
0
0
0
1,180,938
1,180,938		 TOTAL FUNDS
2025
2024
£
£
0
0
1,202,342
1,259,625
1,202,342
1,259,625
13
13
0
0
4,361
13,255
4,374
13,268
(100)
(100)
4,274
13,168
1,206,616
1,272,793
0
0
1,206,616
1,272,793
25,303
32,648
0
0
375
1,625
1,180,938
1,238,520
1,206,616
1,272,793

Approved by the Trustees on 17 December 2025 and signed on its behalf by John Mason, Chair

The notes on pages 3 to 5 form part of these accounts

Notes to the financial statements

For the year ending 31 March 2025

1. ACCOUNTING POLICIES

The financial statements have been prepared under the historic cost convention, with the exception that investments are included at market value. The financial statements have been prepared in accordance with the FRS 102 SORP and applicable UK Accounting Standards and the Charities Act.

Funds

Endowment fund. There is an expendable endowment fund created by an initial gift ("the founding endowment"). The income from this endowment is unrestricted to providing grants in pursuit of the charity's objects. The terms of the Trust Deed allow the capital of the endowment to be spent if the trustees so determine.

Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object. Such funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The trustees do not usually invest separately each fund. Where there is no separate investment, any return on investment is apportioned to individual funds on an average balance basis.

Unrestricted Funds are general funds which can be used for ordinary purposes. On occasions the trustees may designate part of the unrestricted funds for a particular purpose. Although these designated funds are thereby ear-marked for that purpose they still form a part of the unrestricted funds and may still be used for ordinary purposes.

Incoming resources

All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability. Tax refunds are recognized when the incoming resource to which they relate is received. Grants and legacies are accounted for when received rather than when the Trust is legally entitled to the amounts due. Dividends are accounted for when receivable, and interest is accounted for when received. All other income is recognized when it is receivable. All incoming resources are accounted for gross.

Resources expended

Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the Trust. All other expenditure is generally recognized when it is incurred and is accounted for gross. Grants payable are payments made to third parties in the furtherance of the charitable objects of the Trust. Single or multi-year grants are accounted for when either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and any condition attaching to the grant is outside of the control of the Trust. Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.

Governance costs

Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination of the accounts and certain legal fees and trustee expenses.

Fixed assets

Tangible fixed assets costing more than £500 are capitalised and valued at historic cost. Depreciation is charged on furniture and equipment which is written off on a straight-line basis over their estimated useful life of four years. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired.

Fixed asset investments are stated at market value as at the balance sheet date. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.

All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and opening market value (purchase date if later). Unrealised gains and losses are calculated as the difference between the market value at the year end and opening market value (or purchase date if later). Realised and unrealised gains are aggregated in the Statement of Financial Activities.

In accordance with the SORP, a contingent liability is disclosed for those grants, which do not represent liabilities, where the possible obligation, which arises from past events, will only be confirmed by the occurrence of one or more uncertain future events not wholly within the trustees' control. Provisions are recognised for those grants where there is uncertainty as to the timing or amount, and any uncertainty regarding the amount is more than one of determining a basis for reasonable estimation of the liability arising from that constructive obligation

2.
DONATIONS AND LEGACIES
Recurring donations
One-off donations
Tax recovered
Grants		 Unrestricted
Funds
£
0
100
0
0
100		 Designated
Funds
£
0
0
0
0
0		 Restricted
Funds
£
0
1,000
0
0
1,000		 Endowment
Funds
£
0
0
0
0
0		 TOTAL FUNDS
2025
2024
£
£
0
0
1,100
2,050
0
13
0
0
1,100
2,063

Recurring donations are those made on a regular basis as part of a committed programme of giving (as indicated by the donor). "One-off" donations are categorised separately. The total of donations made by Trustees during the year was £1,000 (£2,000 in 2023-24).

3.
INCOME FROM INVESTMENTS
Unrestricted
Funds
£
Dividends and interest including tax
recoverable from investments
36,132
Interest from cash on deposit
0
Other investment income
0
36,132
4.
ANALYSIS OF CHARITABLE EXPENDITURE
Unrestricted
Funds
£
Support of poverty relief
(34,440)
Support of health awareness
(2,500)
Support of religious harmony
(6,775)
Trustee expenses
0
Independent examiner fee
(100)
(43,815)		 Designated
Funds
£
0
0
0
0
Designated
Funds
£
0
0
0
0
0
0		 Restricted
Funds
£
0
0
0
0
Restricted
Funds
£
0
(2,250)
0
0
0
(2,250)		 Endowment
Funds
£
0
0
0
0
Endowment
Funds
£
0
0
0
0
0
0		 TOTAL FUNDS
2025
2024
£
£
36,132
35,423
0
0
0
0
36,132
35,423
TOTAL FUNDS
2025
2024
£
£
(34,440)
(33,500)
(4,750)
(7,250)
(6,775)
(10,775)
0
0
(100)
(100)
(46,065)
(51,625)

Trustee expenses are reimbursed costs incurred by the Trustees (typically for travel to review existing or to assess potential grants to be made to beneficiaries). If Trustees pay third parties directly for products and services these are charged to the nominal account associated with those products or services. Immaterial sums related to office expenses may be waived by the Trustees.

5. FIXED ASSET INVESTMENTS

Endowment Fund . Throughout the accounting period the endowment fund was invested in three separate COIF funds (within CCLA): 179,301.29 units of the COIF Ethical Fund; 197,052.77 units of the COIF Global Equity Income Fund; and 96,509.02 units of the COIF Property Fund. As at 31/3/25 the market values of the resulting holdings were: Global Equity Fund £547,806 (£583,237 at 31/3/24); Ethical Fund £531,825 (£555,386 at 31/3/24); and Property Fund £101,305 (£99,896 at 31/3/24).

Designated Fund. There are currently no designated funds.

Unrestricted Fund. During the year the unrestricted fixed asset investments consisted of 20390.62 units of the COIF Property Fund. As at 31/3/25 these units had a market value of £21,404 (£21,106 at 31/3/24).

Market value b/f 1 April
Prior year adjustments
Value at 1 April restated
Purchases at cost
Disposals at carrying value
Revaluation gain/(loss)
Market value at 31 March		 Unrestricted
Funds
£
21,106
0
21,106
0
0
298
21,404		 Designated
Funds
£
0
0
0
0
0
0
0		 Restricted
Funds
£
0
0
0
0
0
0
0		 Endowment
Funds
£
1,238,519
0
1,238,519
0
0
(57,581)
1,180,938		 TOTAL FUNDS
2025
2024
£
£
1,259,625
1,136,559
0
0
1,259,625
1,136,559
0
0
0
0
(57,283)
123,066
1,202,342
1,259,625

6. FUND TRANSFERS

In accordance with the Trust Deed that established the Trust, any endowment funds are in principle expendable. However, it is not the policy of the trustees to expend any endowments, and accordingly no capital from the endowment was spent in the reporting year.

7.
DEBTORS
Tax recoverable
Debtor prepayment and accruals
Other debtors
8.
SHORT TERM DEPOSITS
HSBC Deposit account
COIF Charities Deposit Fund
9.
CREDITORS
Creditor prepayment and accruals
Grants committed but not paid
Other creditors
10.
DESIGNATED FUNDS
11.
RESTRICTED FUNDS
Cancer Awareness Raising
There were no designated funds during		 Unrestricted
Funds
£
13
0
0
13
Unrestricted
Funds
£
0
0
0
Unrestricted
Funds
£
(100)
0
0
(100)
Balance at
Apr-24
0
0
Balance at
Apr-24
1,625
1,625
the year.		 Designated
Funds
£
0
0
0
0
Designated
Funds
£
0
0
0
Designated
Funds
£
0
0
0
0
Incoming
0
0
Incoming
1,000
1,000		 Restricted
Funds
£
0
0
0
0
Restricted
Funds
£
0
0
0
Restricted
Funds
£
0
0
0
0
Outgoing
0
0
Outgoing
(2,250)
(2,250)		 Endowment
Funds
£
0
0
0
0
Endowment
Funds
£
0
0
0
Endowment
Funds
£
0
0
0
0
Investment
0
0
Investment
0
0		 TOTAL FUNDS
2025
2024
£
£
13
13
0
0
0
0
13
13
TOTAL FUNDS
2025
2024
£
£
0
0
0
0
0
0
TOTAL FUNDS
2025
2024
£
£
(100)
(100)
0
0
0
0
(100)
(100)
Transfers
Balance at
Mar-25
0
0
0
0
Transfers
Balance at
Mar-25
0
375
0
375