Company reglstratlon number.. 07509401 Charlty registration number.. 1141112 Cornerstone Christian Fellowship IA company Ilmlted by 8uaranteel Annual Report ahd Financlal Statements for the Year Ended 31 january 2024 Fleld Sulllvan Llmlted 9 Hare & Billet Road Blackheath SE3 OR
Cornerstone Chrlstlan Fellowshlp Contents Referen and Admlnistratlve Detalls Tru5tees' Report 2to4 Independent Examlner's Report 5106 Statement of Financlal Activities Balance Sheet Notes to the Flnanclal Statements 9t016
Cornerstone Chrlstlan Fellowshlp Reference and Admlnistrative Details Trustees Mr Stephen Bèlderston Dr Theodore Balderston Dr Yve5-Yannlck Ford Mrjonathan 5mlth Secretary Mrjonathan Smlth Charlty ReBlstratlon Number 1141112 Company Reelstratlob7 Number 07509401 Reglstered Ofll Tonbrldge Gospel Hall Blshops Oak Ride Tonbridge TNIO 3wr Independènt Examlnèr Fleld 5tJlllvan Llmlted 9 Hare & Blllet Road Blackheath SE3 ORB bankers Natwest Tunbrldge Wells ICI Branch 89 Mount Pleasant Road Tunbrldge We115 Kent TNI IQJ Page I
Cornerstone Chrlstlan Fellowshlp Trustees, Report The trustees present thelr report and financlal statements for the year Ènded 31 January 2024. The flnancial statements have been prepared In attordance wSth the accountlng pollcles set out in note I to the flnanclal statem&nts and comply with the church's memorandum and artlcles of assoclation, the Companles Act 2006 and Atcountlng and Reporting by Charities.. Statement ol Recommended Practlce applicable to charities preparing their acctsunts In accoydance with the Financial Reportlng Standard applicable In the UK and Republic of Ireland IFRS 1021 lelfective l January 20191.. Oblectlve$ ahd actlvltles ObJECt5 und olm5 The church's object is the advancement of the Chllstlan falth wtsrldwide and In fulfllllng that object It may. amongst oiher Ihingsl establish churches and cornmunity centres, carry out and direct discipleship evangellstlc mlssionaiy and ecumenical activlty, admlnlster or suppori training, provide advice resources ttd servlces to those affected by soclal and economlc clrcumstances and promote oy organlse programmes to engage young people In the tommunlty. In order to ftslfil these objects the charity established a church fellowshlp in the Tonbrldge, Kent area. The trustees hève pald due regard to guidante Issued by the Charlty Commlsslon In relatlon to publlc benefit and have concluded that the actlvlties carrled out by the trustees are conslstent wlth that guldance. The a¢tlvltles of the ¢harlty durlng the year Included the provislon of a church bullding to permlt Chrlstlan worshlp, Bible study, prayer ènd felloWshp èccording to the guidance found in Acts 2'.42. During the year these a¢tlvltles were con51stently maintalned. The trustees also provlded support and guldance for community benefit actlvltles and outreach to brlng the Christian gospel to the local communlty and t>eyond. Financlal support has also been glven to Chrlstlan missltsn woik and urgent short-term rellef. Publlc benellt The trustees confirm that they have complled wllh the requirements of sectlon 17 of the Charities Act 2011 to have due regard to the public benefit guldance published by the Charity Commission for England and Wales. Achlevements and performance Regular seIS are held for Chrlstlan worshlp, Blble study and prayer, alon8 wlth a weekly Sunday School In term time. Local outreach events have been held whenever posslble. Increased onllne awareness has geneyaled greater dlscoverab111ty and Increased 'drop-In' attendances at servltes. In ordei io keep the hall In good and presentable £ondltlon, further works to Improve taterlng provlslon have been completed and plan5 are advanclng to enhance ihe bullding structure and sound and vlslon tapablllty for seIce$. The trustees again glve thanks to God for Hls blessln8. and acknowled8e His faithfulness callin8 Us into the fellowshlp of hls Son, jesus Chrlst our lord li Corlnthlans 1.91. The charlty Is 8rateful for the support provlded by volunteers, who are members of the church, In provldlng help with open events, publlclty, caterlng, mlnor malntenance and other slmllar a¢lltIes. Flnanclal revlew The trustees report a small deflclt for the year on unrestrlcted funds ol £6,08412023- surplus of £28.9601. Overall fud5 report a surplus of £6.65612023'. £42,238). Page 2
Cornerstone Chrlstlan Fellowshlp Trustees, Report Pollcy on reserves It Is the pollcy of the church thai unrestricted funds whlch have noi been deslgnated for 3 5peclflc use should be maintained at a mlnimum level equlvalent to between three and slx month's expenditure. The truste ¢on5ider that reserve5 at thls level wlll ensure that, In the eveni of a sl8nlflcant drop In fundlng, they will be able to contlnue the thurch'5 current actlvltles whlle conslderatlon Is given to ways In whlch èddltional funds may be ralsed. The unstrIcted reseNes lincludlng desl8nated reserves) held as net current assets at the end f the year were £123,535 12023.. £132,6931 whlch represents more than the ann¢Jal expehditure of the charlty. However, the trustees aye buildin8 reserves as they intend to lrnprove and, In due course, expand the property to allow a greater range of charitable activitie5 to be pursued. R15k revlew The trustees have assessed and addressed the major rlsks to whlth the church Is exposed. These rlsks prlmarllv relate to the areas of111 sèleguardinÉ of children lill securlty of the property and safely of the publlc when accesslng It and11111 Ilnanclal risk. The trusteÈs bre satlslled that actlons have been taken and reserves are in place to mltigate exposure to the major rlsks. In partlcular, flre safety audits are periodically carrled out and programme of wo¥k has been done to Improve access and IncaSe bulldlng security. The trustees also montStor saleguardlng pollcles and DBS checks, In consultatlon with experts in this Ileld. The level of financlal reserves and holdln8 of funds in in FSCS-protected bank actounts reduce the financlal rlsk to a very low level. Trustees and ofllcers The trustees and ofllcers servlng durlng IhÈ year and slnce the year end were as follows., Trustees: Mr Stephen Balderstot7 Dr Theodore Balderston Or Yves-yannick Ford Mr Jonathan Smlth Secretary.. Mrjonathan SMIth strurtiirei Bovemancg and management Nature oAgovemlnq document The church Is a company Ilmlted by guarantee. None of the trvstee5 has any beneflclal interest In the company. All of the trustees are members of the company and guarantee to contribute £10 In the event of a winding UP. Recrultmentand uppolntment of trustees Trustees are appointed by exlstlng trustees who famllla¥15e new trustees Wlth theli responslblllties. Orqun15Otlonulstructure The churchls admlnlstered by the trustees. Pège 3
Cornerstone Chrlstlan Fellowshlp Tru5tees' Report ststementof trustees, responslbllltles The trustees (who are also the dlrectors of Corne¥stone Chrlstlan Fellowship for the purposes of company lawl are responsible for preparing the trustees, report and the financial statements In accordance with appllcable law and Unlted KinBdom Accountin8 Standards Iunlted KIgdoM Generally Accepted Attountlllg Practice), Including FRS 102 'Yhe FlnancSal Reportlng Slandaid appllcable In the UK and Republlc of Ireland" Company law requlre5 the tTUSteeg io prepare flnancial statements for each flnanclal year. Uttder company law the trustees must not approve the flnanclal statements unless they are sallsfled that they glve a true and fèlr vlew of the state of affalrs of the charitable company and of the incomlng resources and 8ppllcation of resources, Includlng Its Income and eypendlture, of the charltable tompany lor that perlod. In preparln8 these flnancial statements, the tfU5tees are required to: select suitable accounting pollcies and apply them consi5tently,' observe the methods and p¥lnclplps In the Chawlties SORP,. make judgements and estimates that are Teasonable and prudent. state whether 3ppllt3ble accountin8 Standards, comprislng FRS 102 have been followed, suble¢t to any materlal departures dlsclosed and explained in the flnanclal statements,. and prepare the financlal statements on the goln8 concern basis unless It Is Inappropriate to presume that the charitable company will continue business. The trustees are responsible for keeplng proper atcounting records that can dlsclose with reasonable accuracv at any tIMe the fihancial position of the charitable company and enable them to ensure that the flnanclal slatements tomply wlth the Companies Act 2006. They are also iesponsible for safeguardlng the assets of the h3ritable company and hence for taklng reè*onable step5 for the preventlon and detection of fraud and other Irregularities. The trustees are responslble for the maintenance 3nd Integrlty of the torporate and flnanclal Informatlon Included on the charllable company's webslte. Le8lslatlon governlng the preparatlon and dis5emlnatlon of flnanclal statements may dlffer from leglslatlon In other lurlsdlctlons. The annual reporl was approved by the trustees of the charlty on 18 October 2024 and slened L)n Sts behalf by.. Mr Jona Smlth Company secretary nd trustee Page 4
Cornerstone Chrlstlan Fellowshlp Independent Examiner's Report to the trustees of Covnerstone Chrlstlan Fellowshlp I'the Company'l I repoit to the chaTily trustees (who are also Oirectors for the purpose of company lawl on my examinatlon of the accounts of the Cornerstone Chrlstlan Fellowshlp I'the charltable companVI for the year ended 31 january 2024 whlch comprlse the Statement of Flnanclal Actlvltle5, the Balance Sheet and related notes. Thls report Is made solety to the charltvs trustees, as a body, in accordance wlth section 145 of the Charltles Act 2011. My wo¥k has been undertaken so that I might state to the charltws trustees those matters l èm requlred 10 State to them in thls report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responslbility to anyone oiher than the charlty and the charlS trustees as a body, for my work, for ihls report, or for Ihe oplnlons I have formed. Responsibllltles and basls of rèport As thè charlty's trustees of Cornerstone Chrlstian Fellowshlp you are responslble for the preparation of the accounts In accordance wlth the requirement5 of the Companies Act 20061'lhe 2006 Act'l. Having sètlslled myself that the accounts of Cornerstone Chrlstlan Fellowship are not requlred to be audlted under Part 16 of the 2006 Act and are ellgSble for Independent examlnatlon, I report respect of my examlnatlon of your charity's accounts as carrled out under 5ectlon 145 of the Charltles Act 20111'the 2011 Acl'l. In carrylng out my examlnation I have followed the Directlons glven by the Charity Commission under sectlon 14515llbl olthe 2011 Act. An Independent examlnation does not Involve 8atherin8 all the evldence ihat would be reqIred In an audlt nd consequently does not cover all ihe matters that an auditor coh51ders in giving their oplnlon the financ131 statements. The planning and conduct of an audlt goes beyond the Ilmlted assurance that an independent examination can provlde. Consequently l express oplnlon as to whether the financial statements Present a 'true and falr, vlew and my report Ss limlted to thos2 speciflc matters set out in the independent examlner's statement. Independeht examlnerfs statement I have completed my examlnatlon. I conflrm thèt no matters have come to my attention In conwtettlon wlth the examinatlon glvlnÈ me cause to believe.. l. accountin8 records were hoi kept in respect of Corneistone Chrlstlan Fellowshlp as reqvired by sectign 386 of the 2005 Act,. or 2. the accounts do not accord wlth those reto¥ds; or 3. the èctounts do not comply wlth the attountlng requlrements ol sectlon 396 of the 2006 Act other than any requlrement thai ihe accounts Elve a 'lrue and falr vlew, whlch Is not a matter consldered as part of an Independent examlnation,. or 4. the accounts have not been preparecl In accordance wlth the methods and prlnclples of the Statement of Recommended Practlce for 3ccountlng and reportlng by charltles applicable to charities preparing theli tcounts In accordance th the Flnanclal Reportin8 Standard applitable in the UK and Republic of Ireland IFRS 1021. I have ho concerns and have come a¢ross no other matters In connedlon with the examlnatlon to which attentlon should be drawn In thls report In order to enèble 3 proper understandlng of the accounts to be reached. Page 5
Cornerstone Chrlstlan Fellowshlp Independent Examlner's Report to the trustees of Cornerstone Chrlstlan Fellowshlp {'the Companv,) TIM Sulllvan FCA Fleld Sulllvan Llmlted Y Hare & Blllet Road Blackheath SE3 ORB •October 2024 Pa8e 6
Cornerstone Chilstlan Fellowshlp {Reg5stratlon number: 075094011 Balance Sheet as at 31 January 2024 2024 2023 Note FIMed assets Tanglble assets io 188,047 184,973 Curyent a$5ets Debtors li 19,670 137,885 13,270 147,073 Cash at bahk and in hand 12 157,555 160,343 Credltoys: Amountstalllng duewlthln one year 13 11,8421 18,1221 Net current assets 155,713 152,221 Net assets 343,760 337,194 Funds of the tharlty., Restylcted Income funds Restricted funds 32,178 19,528 Unrestrl¢ted Ihcobne luhds Unrestrlcted funds 311,582 317,666 Total lunds 14 343,760 337,194 For the fin3D¢lal year endlng 3118nuary 2024 the ¢harlty was entitled to exemptlott fiom audit ¢Jnder sectlon 477 01 thè Companles Act 26 relatlng to small ¢omp3nles. Dlre¢lors' re5pon51bllltlÈs'. The members have not requlred the charity to obtalh an avdit of its accoynts for the year In quesllon in accordance wlth sectlon 476,. and The direttors atknowledge thelr responsibilitie5 for tomplylng with the requirements of the Act with respect to accountlng records and the preparation of accounts. The flnanclal statements on pages 7 to 16 were approved by the trustees, anij authorlsed for Issue on 18 October 24 and signed on their behalf bv.. ans Company secretary nd trustee The notes on pages 9 to 16 form an Integral part of these flnanclal statements. Page 8
Cornerstone Chrlstlan Fellowshlp Notes to the Flnancial Statements forthe Year Ended 31 January 2024 I Charlty statu5 The charity is Ilmited by guarantee, Incorporated Ir%, 3nd consequently does not have share ¢apltal. Eath of the trustees Is liable tts contrlbute an amount not exceedlng £10 towards the assets of the charlty Sn the event of Ilquldatlon. The address of Its reglslered offlce Is.. Tonbrld8e Gospel Hall Bishops Oak Ride Tonbrldge TNIO 3NT These flnanclal statements were authorlsed for Issue by the trustees on 18 October 2024. 2 Accountlng poll¢le5 Summary of slgnlllcant pccountlng pollcles and key 8CCOUtrltlng estlmates The prlncipal accountin8 policles applied In the pieparallon of these financlal Statements are set out below. These policies have been tonsistently applied lo all the years presented, unless otherwise stated. Statement of compllan¢e The flhanclal statements have been prep3red Ill accordance wlth Accountlng and ReportSng by Charltles: Statement of Recommended Practlce applicable to charltSes preparSng thelr accounls In accordance wlth the Flnantl31 ReportSng Standard applicable in the UK and Republlc of Ireland IFRS 1021 leffective l January 20191- Icharities SORP IFRS 1021 Second editlon October 20191, the Flnanclal ReportlnE Standard applicabSe in the UK and Republic of Ireland IFRS 1021. They also comply with the Companies Act 2006 and Charities Act 2011. Basls ol preparatlon Cornerstone Chrlstlan Fellowship meets the definltion ol a public benetit entlty under FRS 102. Assets and Ilabllltles ale Inltlally recognlsed at hlstorlcal cost or transaction value unless otherwlse stated in the relevant ccountlng pollcy notES. Goln8 concem The trustees conslder that Ihere are no mateilal uncertalntie5 about the charlty's ablllty to contlnue as a golng conrn nor any signllicant areas ol uncertainty that affett the carrying vèlue of assets held by the chèrlty. Judgements and key sources of estlmatlon uncertalnty In the applicatlon of the charity's accountin8 policies, the dlrectos are requlred to moke ludgements, estlmates and aSSLtmptions about the carrybng amount of assets and Ilabilities that are not readily apparent from other sources. The estlmates and associated assumptlons are based on historlcal eypeTlence and other factors that are consldered to be relevant. Actual results may dlffer from these esllmates. The estimates and underlyln8 assumptions are reviewed or* an onEoing ba515. e5onS to ètcounting estlmates are recognlsed In the periods In whlch the estimate Is revlsed where revlslons affect5 only that perlod, or Ik) the perlod of the revlslon and future perlods where the ievlsions affe¢ls both current and future perlods. Page 9
Cornerstone Chrlstlan Fellowshlp Notes to the Flnanclal Statements for the Year Ended 31 January 2024 Income and endowmehts All Income is recognlsed once the charity has entStlement to the Income, It Is probable that the income will be re¢elved and the amount of the Income recelvable can be measured reliably. Donutlons andlegucles Don3tlons are reco8nlsed when the charlty has been notlfled in writlng of both the èmount and settlement dète. ln the event that a donatlon Is sublect to tondltions that requlre a level of performance by the charlty before the charlty 15 enlltled to the funds, the Income Is deferred and not recognlsed unlll elther those conditlons are fully met, or the fulfilment of those conditions Ss wholly within the control of the charity and It Is probable that these conditions wlll be fulfllled In the reportlng perlod. Investment Income Dlvldends are recognised once the ijlvldend has been detlared and notlflcatlon has been recelved of the diwdend due. Empendlture All expendlture is reco8nised once there Is a legal or tonstructlve obllgatlon to that expenditure, It Is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure headln8 thal aggregate slmi13r costs to that tategory. Where costs cannot be directly attributed to particular headlngs they have been allocHled on 3 basis £Dnslstent with the use of resources, Wlth central st3ff osts allocated on the basls ol tlme spent, and depreclatlon charges allocated on the portion of the assevs use. other support costs are allocated based on the 5pre3d of slaff costs. Churttable uctlvltle5 Charltable expendlture comprlses those costs Incurred by the charity In the dellvery of Its aclSvities and seNices for its beneficlarles. It Include5 both costs that can be allocated dlrectly to such activittes and those Costs of an Indirect nature necessary to support them. Gmntpiovlslohs Provlslons lor grants are made when the Intentlon to make a grant has been communicated to the reciplent but there Is uncertalnty about elther the tlmlng of the grant or the amount of grant payable. Support Costs Support costs include central functlons and have been allocated to actlvlty cost tategorles on a basls consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the tlme spent and other costs by thelr usage. Taxatlon The charlty Is consldered to pas5 the tests set out In Paragraph I Schedule 6 01 the Finance Act 2010 and therefore It meets the definitltsn of a charltable company for UK corpor211on tax purposes. Accordln8ly, the charlty is potentlally exempt from tamatlon In respect of Income or tapital galns recelved withln categorles covered by Chapter 3 Part 11 of the Corpor31ion Tax Act 2010 or Sectlon 256 of ihe Taxation of Chèrgeable Galns Act 1992, to the extent that such Income or galns are applled excluslvety to tharltable purposes. Page 10
Cornerstone Chrlstlan FellDwshlp Notes to the Financlal Statements forthe Year Ended 31 January 2024 Tan8lble flxed assets Indlvldual flxed assets costln8 £500.00 or more are Inltlally recorded at cost. Depreclatlon and amortlsatlon Depreclatlon Is provlded on tanglble fixed assets so as to wrlte off the cost or valuation, less any estlmated resldual value, over thelr expected useful ecohtsrnlc Ilfe as follows: Trade debttsrs Trède debtors are amounls due from customer5 for merchandise sold OT services performed in the ordinary course of buslness. Trade debtors are reco8nlsed Inltlally at the transactlon prlce. They are subsequently measured at amortlsed cost usln8 the effectlve Interest method. less provislon for Impalrment. A Provlslon for the Impalrment of trade debtors Is estab115hed when there Is objectlve evldence that the char5ty wlll not be able to collect all amounts due according to the original terms of the receivables. Cash and cash equlvalents Cash and tash equlvalents comprise cash on hand and call depDSItS, 3nd other short-term highty Ilquld investments that are readily co*vertible to a known amount ol cash and are subject to an Inslgnifltant rlsk of change In value. Fund structure Unrestrlcted Income funds are 8eneral fund5 that are avallable for use at the trustees discretlon In furtherante of the oblectlves of the charlty. Restricted income fund5 are those donated for use In a partl¢ular area or for speclfic purposes, the use of whlth Is restricted to that area or purpose. Page 11
Cornerstone Chr15tlan Fellowshlp Notes to the Flnancial Statements for the Year Ended 31 January 2024 3 Income from donatlDns and leycles Unrestrlcted funds Gèneral Restrlcted funds Total 2024 Total 2023 Donatlons and legacies; Donations from individuals Glft ald reclaimed 22,420 3,750 11,200 2,650 33,620 6,400 62,974 13,270 26,170 13,850 40,020 76,244 4 Investment Income Uhrestrltted funds Gènoral Total 2024 Total 2023 Interest recelvable and simllar Income,. Inte125t recelvable cn bank deposlts 2,631 2,631 1.033 5 Expendlture on chgwltable actSvStles Tota 2024 Total 2023 Note Llght, heat and power Insurance 1,860 I.ID9 479 Local outreath Rental of storage Svndr1è5 954 1,471 2.458 18 485 Minlstry and thuych actlvities Communlcations Subscriptions Repairs and malntenance Youth and chlldren's work costs Depreciation, amortisation and other 51milar costs Grant fundlng of actlvltieg Support costs 1,506 376 225 357 181 14,762 8,851 205 io 5,900 6,075 1,995 2.253 18,030 I,S74 36,085 35,039 Page 12
Cornerstone Chrlstlan Fellowshlp Note5 to the Financlal Statements for the Year Ended 31 January 2024 6 Analys1$ of Éoveinancè Bnd support tosts Svpport Costs Total 2024 Total 2023 Accountancv Independent emamination 153 824 1.842 750 1,995 1,574 7 GYant.mak1*8 Anatysls of 8rahts Grants to Instltutlons 2024 2023 Grants to Indlvlduals 2024 2023 Anatysls Cross Teach Trust 1,200 1,800 Individuals 4,875 16,230 1,200 1,800 4,875 16,230 8 frustges remuneratlott and expenses No trustees, nor any persons ¢onnected wlth them, have recelved any remuneration from the charity during the year. No truslees have receSved any other beneflts from the charlty durin8 the year. One trustee was relmbursed £42512023.. Two trustees were relmbursed £317 of expensesl durin8 the yeai. 9 faxatlon The charlty Is a ieglstered charlty and15 therefore emempt from taxation. Pa8e 13
Cornerstone Chrlstlan Fellowship Notes to the Financial Statements forthe Year Ended 31 January 2024 10 Tan8lblÈ flmgd assets Land and bulldlnKs Furnlture and èqulpment Total Cost At l Febrvary 2023 Addltlons 202,234 8,771 8,974 211,005 8,974 At 31 January 2024 202,234 17,745 219,979 Oepreclatlon At l February 2023 Charge for the year 23,113 2,219 2,919 3,681 26,032 5,9CN) At 31 January 2024 25,332 6,600 31,932 bookvalue At 31 January 2024 176,902 11,145 188,047 At 31 January 2023 179,121 5,852 184,973 11 Debtors 2024 2028 Other debtor5 19,670 13,270 12 Cash attd cash equlvalents 2024 2023 Cash at bank 137,885 147,073 13 Ciedltors: amountsfalllng due wlthln one year 2024 2023 Other creditors Actruals 5,886 2,236 1,842 1,842 8,122 Page 14
Cornerstone Chrlstlan Fellowshlp Notes to the Flnanclal Statements forthe Year Ended 31 January 2024 14 Funds Balance at I Fèbruary 2023 Incomlng resources Resources expended Balance at 31 January 2024 Unrestrlcted lunds Genetul Gener31 Funds 317,666 28,BOI 134,8851 311.582 Restrlcted funds Speclal offerings fund 19,528 13,BSO 11,2001 32,178 Total lunds 337,194 42,651 136,0851 343,76LI Balance at I February 2022 Incomin8 resources Resources •KpendÈd Balance at 31 January 2023 Unrestrlcted funds Generol Gener31 Funds 288,706 52,108 125,1481 317,666 Rèst¥lrted funds Speclal offerlngs fund 6,250 25,169 111,8911 19,528 Total funds 294.956 77,277 135,0391 337,194 The spe¢lflc purposes lor which the funds ale to be applied are as follows.. The 5peclal offerlngs fund Is for varlous monles ralsed from tlme to tlme for speclflc purposes. 15 An&lysSs ot net assets bètweèn fund5 VnrestYlrtÈd funds General Total funds at 31 January 2024 Re5tYlcted funds Tan8lble fixed assets Curient assets Current liabilltles 188,047 125,377 11,8421 188,047 157,555 11,8421 32,178 Total net assets 311,582 32,178 343,760 Pa8e 15
Cornerstone Chrlstlan Fellowshlp Notes to the Flnanclal Statements for the Year Ended 31 January 2024 Unrestrleted funds General Total funds èt 31 January 2023 Restrlcted funds Tanglble fixed assets Current assets 184,973 140,815 18,1221 184,973 160,343 8,1221 19,528 Current liabilities Total net assets 317,666 19,528 337.194 16 Related partytransactlons Durlng the year donatlons of £23,012023.E27,525l were recelved from trustees and related parties. Page 16