THE OXFORD CENTRE FOR TRA￿l￿G RESEARCH ADVOCA Y Af+lD DIALOGUE LTD COMPANY NO. 6717794 ENGLAND AND WALES COMPANY LIMITED BY ARANTE AND NOT HAVING A SHARE CAPITAL REGISTERED CHARITY NO. 1143311 FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST MAY 2024 KING LOOSE & CO INDEPENDENT EXAMINERS ST JOHN'S HOUSE S SOUTH PARADE SUIMMERTOWN OXFORD OX2 7JL THE OXFORD CENTRE FOR TRAINING RESEARCH ADVOCACY AND DIALOGUE LTD FINANCIAL TAT MENT FOR THE PERIOD ENDED 31sf MAY 2024 CONTENT P2Ee Legal and Administrative Infomiation TTUStees' Annual Report Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Finan¢ial Activities Balance Sheet Notes to the Financial Statements 7-13 THE OXFORD C£NTRE FOR TRALNING RESEARCH IiDVOCACY AND DIALOGUE LTD FINANCIAL STATEMENTS 5T FOR THE PERIOD ENDED 31 MAY 2024 ADMINISTRATIVE INFORMATION Director5 and Trustee5 Monsignor M. J. Nazir-Ali Rl. Rcverend A. Marshall Reverend Canon Dr. C. M. N. Sugden Canon C. Madhukar Reverend Canon Penelope Avann Reverend K A Carpaiii Com an Number 6717794 (England and Wal¢s) Chari Number I143311 Istered Office 5 South Parade Oxford OX2 7JL Inde endent Examlner Mis H C Fanthome FCA King Loose & Co St John's House 5 South PaTade Summertown Oxford OX2 7JL THE OXFORD CENTRE FOR TIUINING RESEARCH ADVOCACY AND DL4LOGUE LTD ANNUAL REPORT FOR THE PERIOD ENDED 31sf MAY 2024 The Directors and Trustees present their annual report and financial statements. for the period ended 31 May 2024. The financial stalem¢nls have been prepared in accordance with the ac¢ounting poli¢ies set out in note I to the accounts and ¢omply with the charity's Inemorandum and articl¢s of association, th¢ Cotnpanies Act 2006, the Charities Act 2011, and Accounting and Reporting by Charities.. Statement of Recommended Practi¢e applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and R¢public of Ireland Charities SORP (FRS 102); and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Ob'ects of the Chgri Princi al Activities and Publie Benefit Statement The Charity is Const[￿led as a company limited by guarantee and is, therefore. govemed by a memorandum and articles of association. Charitable status was obtained on 12, August 2011. The Charity's object and ils principal activity is that of th¢ promotion of religion through trainin& reseawh. advocacy and dialogue and in particular by a) promoting and conducting research and disseminating the usefvl results thereof. b) the promotion of Teligious hamiony for the benefit of the public by. educating the public in different religious beliefs including an awareness of their distinctive features and their common ground to promote good relations b¢tw¢en persons of different faiths. promoting knowledge and mutual understanding and respect of the beliefs and practices of different religious faiths. The Charity helps younger ￿0p]e in business and employment, includin8 education and vocational training. In carrying out these objects and activities, tlie Trustees have read and considered the Charity Commission guidelines for Public Benefit and consider that the Charity continue5 to operate fully in accordan¢e therewith in particular through ils work in community harniony. anisgtion of Our Work The Charity is organised so that the Trustees meet and converse regularly to manage its affair5. Develo ments and Achievements The Trustees consider that the perforniance of the Charity during the year has been satisfactory. The Charity has set the building blocks for the promotion of its objects and liaises with other charitable orgallisations to this end. Future Develo ments The Trustees hope to continue to build upon the foundations laid in the initial periods of activity. Transactions and Financial Positton The statement of financial a¢tiviti¢s shows net outgoing general {i.c. unr¢stricl¢d) r¢sour¢¢s of £30,500 for thc period (year to 31. May 2023- outgoing £4.584), and the generdl unrestricted fund balance carried fotTrvard stood at £177,277. FuDds Available The present level of funding is b¢li¢v¢d ad¢quat¢ to support the continuation of the work progrdms envisaged. although further sUPPOrt is necessary for future projects to b¢ undertaken. 2(A) THE OXFORD CENTRE FOR I'RAINING RESEARCH ADVO ANNUAL REPORT FOR THE PERIOD ENDED 31sr ACY AND DIALOGUE LTD AY 2024 -0 erative Relatlonshi with Other O nis2tions The Oxford Centrc For Training, Resexrch. Advocacy and Dialogue Ltd h&$ infomial links with oiher churches, chatities arld OTganibations, worldwide, who generally shar¢ its charitable objectiVGS and from time to time works with ihem on pzrticular projects. Some of these other charitics and organi52tions offer support for ihe Chartty 5 work by way of grant funding. or don2tion5. serv It is the policy of rhe chwity (o build up sufficient unrestrictrd funds, which are the free re￿rVeS of the Charity, io a level which equaies to approximaiely ihree months unrestiicted expBnditure. Thi5 will provide sufficieni fund5 to cover ihc ongoing promotion of Ihe Charity's objects. togeiher wilh thc as50ciatCLI support and Adminisiration costs. At 31, May 2024, ieserves wct'c ai a higher level than the set tatgei, bul the Tni&iee5 consider this iemporatily mote appropriat¢ in the current difficult financial climate. ireetors and T￿st¢eS All Direc(ors of die Coinpany ate also Tw51ees of the Charily. and Lherc are no other Trnstees. All of the Trusiees named on page I scrved during (hc period. The Boatd has the power (o appoint additional Tra& as li considers fil to do so. and. as the necd arises. appropriate Iraining will be given to any new Trustees taking up offic2. Risk Mana ement The Trusiees have examitJCAI the mlijor strategic, busi]xss and op¢rational risks which the Charity faces or may face, and confinn ihat systems are in place to enable regular reports to be produced. so that the necessary steps can be tsken to les5¢n any such risks. Inde endtnt Exa ners Mrs H C Fanthomc of King Lotsse & Co, lias agreed to offcr herself for appointmeni as Ind¢p¢ndent Examincr lo the Charity. Sm811 COJD anies Re me This ieport has been prepared in accordance with the small companies regime of the Comp2nie5 Act 20C6. roval This report was approved by the Bo8Td of DirecioTS and TnJ5tees on. signed on its behalf by-. 2S-2- ..20￿. and Dr C M N Sugden (Truslec) THE OXFORD CFNTRE FOR TRAINING RESFARCH ADVOCACY AND DIALOGUE I.TJ) TAfF.MLKf OF TRUSTEES, RESPONSIBILETIES IOR I'IIE PERJOD ENDFD 31- MA Y 2024 The Ttustees arc Tequired by law io pr¢pate r￿n￿)cial siaicments for cach financial period which give a trne and fair view of Ihe stat¢ of aflair5 of ihc ch1￿1[y. and of ils results for iliai period. In preparing those financial Statem¢n(5, the Trustccs are requircd LO.. Select suiiable accounting policie5 and then apply them consi5tcrJily: Observc the methods and principl£8 in Ihc applicable Charities SORP; Make judgements and estimate5 Lhat are reasonable and prudent., Slate wh¢thcr applicable accounting siandards have becn followed, subject to any material departures disclosed and explaincd in ¢hc fillancial siarements: Prepare Ihe financial 512temenis on the going concern basi5 unless il is inappropriate to pr&sume thai the Company will ¢onrinue in business. The Lrnsiees aro rcsponsiblc for kccping proper accounting records whi¢h disclose with reLsonable accurdcy ai any iimc thc financial posiiion of the chai'ity, and to cnable Ihem lo ensure lha( Ihe fiDaT]eial gtaiemenls comply Wsih the Companios Act 2006. the Charities Aci 2011 the applicable Charilies SORP. They ate al%0 responsible for 52fe8uarding the &ssets of the chatxty and hence for taking reasonable sreps for thc pieyeniion atKI deieclion of fraud and other i￿￿gUlaritieS. The trllstees arc responsible for Ihe mainienance and inleErity of the charity and fin8nciaJ information included on ihe charity's website in accordance with Icgislaiton in thc United Kingdom governing ihe preparation and dissemination of financial statement.%. By Order of the Jloard of Dsrcctors and Truslc Dr C M N Sugden REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF THE OXFORD CENTRE FOR TRAfgING RESEARCH ADVOCACY Af4D DIALOGUE LTD I report tts the chaTLty Irustecs on rny examination of the accounts of the cornpany. for the period ended 31 May 2024, which are set out on pages 5 to 13. Res ective res 0115ibilitre5 of the trustees ynd examiner A5 the charity's ITUSte¢% land also TIS dir¢¢iors foT the PUTPOSES of COTnpany law} you are responsible for11 prepaTaiion of thc accounts in ac¢ordance with th¢ requirements of the CompaJJt¢s Act 2w61.ihe 2006 Act'l. Having satisfied mys¢lf that the a¢¢ounts of the ¢ompaoy are not required to b¢ audited urtder Part 16 of th¢ 2006 Act 2nd 8rc cligible for independent cxamination, I rcport in rcspcct of my examination of your charity'5 accounts a5 carricd out under 5￿tion 145 of thc Charities Act 2011 (the '2011 Acl'l. In carrying out rny examination I have followed the Dire¢iions given by the Charity Commission under section 14515Xb) of the 2011 Aci. Basls of Inde endent examÉner'5 re ort My cxaminalion was carried out in accordance with thc General Dtrcclions Bivcn by thc Charity Cornrni55ioner5. An cxarninalion includes a review of tlic accounting rccoTd5 kept by the charity. and a cornparison of the accounts prescnled witli Ih05e records. It a150 Tnclud¢5 consideration of any unusual items or disclosures in the accDUnts. and sceking CKplanalions from you as tnjsiecs concernikng any such mattcrs. The procedures undertaken do not providc all the evidencc that would be required in an audit. and con5equ¢ntly no opinion is given a$ to whether thc accounts present 2 'tru¢ and fair view. and the re￿rt is limited ￿ thos¢ matters sei oui in thc stslcmcnt bclow. Inde ndeht examlner'$ 5titement I have completed my examination. I confirm that no Matters have come to my attention in connection with the examination Bivirtg me ¢ause to believe.. 11 l accountin8 records were not kept in respect of the ¢ompany as required by s¢ction 386 of the 2006 Act., or {21 thc accounts do not accord with those accounting reeord5' OT 131 the accounts do not comply wilh thc accounting Tequircments of scction 396 of the 2006 Act other than any requirement thai the accounts give 8 '¢rue and fair, view which is not a matter considered as part of an indcpcndcni CKaminalion' or {4} the accounts have not been prcpored in ac¢ordat)ce with the methods and principles of the Siaiement of Rccommcndcd Practice for accounting and reporting by charities lappli¢abl¢ io charities p.reparing thciT accounts in accordance with the FTnancial Reporting Standard applicable in the IfK and Rq)ubli¢ of Ireland (FRS 10211. I have no eonceTns and have come across no other matteT$ in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of th¢ accounts lo be reached. King Loose & Co St John's HoLtse 5 South Parade Summertown H.C. Fanthome FCA Oxford OX2 7JL Lf }L Lo Ited Ch r4 ry) oom ro THF. XTrORD CENTRE R T ININ RESP.ARCH ADVOCACY AND DIALOGUE I.TD COMPANY NO: 6717794 BALANCE SHEET AS AT 315T MA Y 2024 31$1 Ma 2024 31° Ma 2023 Note Fixed Assets Current A55ets Siock Debtors Cash At Bank 350 I,￿0 445.605 350 5,921 405,113 10 411,384 446,955 Creditors.. Atnounts Falling Due iR One Year 21.369 29.715 Net Current Assets 390.015 417.240 Total Assets less Current Liabilitie being Net Assets 390.015 411.240 Funds Unrc5tTiLted Funds Re5tricied Funds 177.277 212,738 207,777 209.463 13 Total Fuiids 14 390,015 417,240 The direciors are satisfied thai the compdny was entit]ed to exemption from audii und¢r Section 477 of the Companies Act 2(%J61"the Act") and that members have not iequircd an audit in accordance wilh Section 476. The directors acknowledge their re5ponsibilitse% for'.- ensurino that the company keeps accollntinE Tecords which comply wilh Sertion 386 of the Act- prcparing accoLTn(s which give a rnje and fair view of the state of affairs of the charitable company as at the end of th¢ financial p¢riod and of its profit or loss for (he finallcial peri(xl in accordance wilh the rniuiremenrs of Section 396 of the Act and which otherwise comply with the requiremen15 of the Act rBla(ing 10 accounts. so far &8 applicable io the charitablc company. Approvcd by the Board of DlrettOf5 and Trustees on . on its bohaifby: 2025 and slgncd Dr C M N Sugden The notes on pages 7 to 13 form part of these accounts. THE OXFORD CEt4iTRE FOR TRAINING RESEARCH ADVOCACY AND DIALOGUE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST MA Y 2024 Accountin Policie5 {a) General Information These financial stalem¢nts have been pr¢s¢nt¢d in Pounds Sterling as this is th¢ ¢unency of the pritnary economic environment in which the Charity operates. {b) Basi5 of preparation The accounts (financial slatem¢nls) have be¢n prepared und¢r the historical cost convention witl) items recogni5ed at C05t or transaction value unle&s otheNiise stated in the relevant no￿s(SI to these accounLs. The financial stakments have ken p￿pa￿d in a¢cordan¢e wth th¢ Stat¢m¢nt of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021- Charities SORP IFRS 102); and the Financial R¢portinE Standard applicable In the UK and Republic of Irelarld IFRS 102). the Charities Act 2011 and th¢ Cornpanies Act 2006. The charity constitutes a public benefit entity as defined by FRS 102. The charity ha5 taken advantage of the exemption to Prepare a c&8h flow statement, as contained in Financial R¢porting Stsndard I, on th¢ grounds that il is a small ¢haTity. (c) Activitie5 The financial statements include the results of the charitys Ope￿tionS as describ¢d in the directors. and trustees. annual report. (d) Income recognltlon Incoine of all kinds 15 accounted foT when receivable. i.e. in the period in which the charity is entitled lo receipt, it is probable that the income will be received and the amount of income receivable can be measured reliably. No pemianenl endowments have ittn r¢ceived in the period. (e) Expendlture reeognlllon Liabilities are re¢ognised as expendiwre as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be requiKd and the amount of the obligation can be reliably measured. Expenditttre is included on an accruals basis and has E*en cla&%ified under headings that aggregate all costs related to the category. All ¢ore ¢osl categories are regarded as being of a support nature to the Charity's principal aetivity, as described in the Annual Report. It is anticipated that any fijtyre specific projects will be covered by iestricted funds- i.e, fimds r21sed specifically tor that projcct. XFORD ENTRE FOR TRAINIING RESEARCH ADVOCACY AND DIALOGUE LTD NOTES TO THE FINANCIAL ST ATE￿E￿'Ts FOR THE PEIUOD ENDED 11- IWIAY 2024 Accountin Policies cont'd (o Grants payable Grants payable are payments mad¢ to third parties. ¢ither individuals or other charitable organisations, in the furth¢ran¢e of the charity's objects. In the case of unconditional grant offer5, thes¢ ar¢ accrued once the recipient has been notified of the award. Conditional grants are only accNed when the conditions have been ￿lfilled 2nd the recipi¢nt notifi¢d. No multi-ye2r grants arc made, other than where additional funding has been r¢ceived thTough a rcstricted fund. (g) Value added tax Value added tax is not recoverable by the Charity, and as such is included in the relevant costs in the ststement of financial activities. {h) Financial #ssets- tlassified as basic financial instrument5 i) Cash and cash equivalents Cash and Lash equivalents include cash in hand, deposits held with banks, and other short term highly liquid investments with original maturities of three months or less. ill Trade and other receivables Trade and other receivables that are receivable within one year arc m¢a5ured at the undiscounted amowjt of tli¢ trash expected to be received, net of any irnpairnient. iii)Trade and other payables Trade and otl)er payables that are payable within one year are measured at the undiscounted amount of the cash expect¢d to b¢ paid. Fund ac¢ollnting Unrestricted funds comprise those funds which the t￿SteeS are free to use in accordance with the objects of the charity, as defined in the constiwtion. Restricted Fund5 are those given for particular purpose5 and projects. (i) Going concern The financial statements have been prepar¢d on a going concern basis. The current economic conditions present increased risks for all businesses. In response to such condition5, th¢ dircctors/trustc¢s havc ur¢fully considercd th¢sc risks, including an assc5sm¢nl of un¢¢rtainty on future trading projection for a peri4)d of at least 12 months from the date of signing the financial statements, and the extent to which they mighi affect the preparation of the financial statements. The directorsltrustees havc coi)¢ludcd that thc going concem basi5 remains appropriate. Translatlon of Forelgn Currencies Monies received and expended in foreign ¢utr¢n¢ies ar¢ a¢¢ount¢d for at thc rat¢ of exchange prevailing at the date of tlie transaction. Assets and liabilities denominated in foreign C￿enC]es, which are held or owed al the balance sheet dale, are ¢onverted at the exchange rate prevailing at that date. Differen¢es on foreign exchange are reported in the Income and Expenditllre Account. (k) THE OXFORD CENfRE FOR TRAINJTr4G RESEARCH ADVOCACY AND DIALOGUE NOTES TO THE FINANCIAL ST ATEf+AENTS FOR THE PEIUOD ENDED 31- 2024 Accounti Polieies cont'd Operating Leases Rentals applicable to operating lease5 where substontially all the b¢n¢fits ond risks of ownership remain with the lessor. are reflected in the ststement of financial activities as incurred. (m) Pension5 The company previously operated a defined contribution pension scheme. The relevant scheme was the Church of England Funded Pensions Scheme. Since August 2019, the pension has been in drawdown and no fvrth¢r contributions are payable. 2. Income and endowmertts The Trustees wish to expre￿ their sincere gratitude to all donors who have enabled the Charity's work to continue. Significant finding was received as follows.. Reeelved From Purpose Stichting Salt R Wickham Episcopal Diocese (Dallas) Sranhill Foundation P S Jack50n Stiftung lan Laing 27,196 Unrestricted 2.000 Restricted 11.705 Restricted 4,0(KF Restri¢ted 5,000 Restricted 4,601 Restricted 2,500 Restricted io. THE OXFORD CENTRE FOR TRAIf41NG RESEARCH ADVOCACY Ar￿ DIALOGUE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31- MAY 2024 3. Costs of Activiti￿ in Furtherance of the Chari ects nr trieted Restricted Funds Funds Unres- Total tricted Restricted 2024 Funds Funds Total 2023 Pro ram Costs Salaries and associated costs PrlnlinOpostag￿SlaII9neryIadvert15lng TraveUaccommodatiOAlsubsislence Telephone and inlem¢t Lossl (Profit) on exchange Conferences and lectures Officc costs (in¢ donated services) 34,541 1,100 18,503 521 4,083 34,541 22,934 1,100 2,021 18.503 22.884 521 669 4.083 (6,971) 1.198 1,040 15,000 15,000 9,100 32,034 2.021 22,884 669 (6,971) 1,040 15.000 1,198 15,000 73.748 1.198 74,946 57,577 9,100 66.677 Offjce Costs The TnJ5tees of The Oxford Centre for Training, Rc5ear¢h, Advo¢a¢y and Dialo8ue Ltd are indebted to Stanhill Foundation for providing office space and administrdtive support during the year, free of charge. The valu¢ placed on th¢s¢ servic¢s by the Trustees is £15,000 p.a. The income equivalent of these donated services is ￿ognIsed within ineoming resources as voluntsry income (general donations) and the equivalent notional charge is reflected under Program costs above. Grants Ex ended Unres- trleted Restricted Funds Funds Unres- Total Iricled Restricted 2024 Fund5 Funds Total 2023 The following grants were expend¢d'. To Organisations To Individuals Theological Education Grants 19,000 19,000 12.670 14,640 1,033 14,000 14.000 8.955 8.955 742 1.970 1.033 742 3,003 31,670 34.673 742 22,955 23.697 Other Su ort Costs Unres- tricted Restricted Funds Funds Unre5- Total tricted Restricted 2024 Funds Funds Total 2023 Independent Examiner's fees independent exam - a¢countan¢y etc Sundry expenses Bank charges 1,200 3,997 1,200 1,000 3,997 3,369 587 253 1,000 3,369 587 253 326 326 5,523 5,523 5,209 5.209 ii. THE OXFORD CETrrrRE FOR TRAINING RESEARCH ADVOCACY AND DIALOGUE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERJOD ENDED 31ST MAY 2024 Staff Costs The average number of personnel employed by the charity was as follows.. 2024 2023 Program and administrative personnel The aggregate payroll costs of these employees was as follows'.- 2024 2023 Salary costs Employer's National Insuran¢e (Det of Emp. Allowance) P¢nsion contributions 34.541 32,034 34,541 32,034 No employee received emoluments in excess of £60,000 pa. b) One of the Trustee4 Monsignor M J Nazir-Ali. receives a salary from the charity for his post as Executive Dircctor,. the payment of such ￿nctIonal salary has been approved by the Charity Commissioners. Mrs V Nazir-Ali, wife of the above, also receives a small salary for her role as administrativ¢ and pastoral support. No expenses ar¢ paid to any Trust¢es' r¢imbursem¢nt5 are made where overhead items hav¢ been initially expended by the Trustees on behalf of the Charity. Result for the Period 2024 2023 The surylus of expenditure over income is stated after charging: Independent Examiners R￿nuneratiOll for examination services for other services Bank Interest and charges 1,200 3,997 326 1,000 3.369 253 Transfers between Funds For the 2023 year. a transfer was made from unrestricted fvnds to restricted funds. in relation to the otherwise unfunded balan¢e for the NHG Proj¢¢t. A transfer was also made in 2023 from restricted funds to unrestricted funds from the Stiftung grant. as a contribution to core costs, as agreed with the donor. 12. THE OXFORD CENTR EAR vo ACY AND DIALOGUE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31- MA Y 2024 Pension Costs Position until August 2019 The Cl)ur¢h of England Funded Pensions Scheme is a defined benefit scheme but The Oxford C¢ntr¢ for Trainin& Rc5e8Tch, Advoca¢y 2nd Dialogue Ltd is unable to identify its sh￿e of the underlying assets and liabilities- each employeT in that scheme pays a common contribution rate. Periodically. the scheme is valued and adjustments made to the employer's contribution rate as deemed necessary. Previous to Augusi 2019, agreemeni had been reached wit]) The Church of England Pensions Board such that any projected pensions fvnding shortfall would be paid over a number of years, iogether with tlie usual annual contributions. Incoming fi￿dIng to the ch￿lty was sought to cover this budgeted additional expense. again on an annual basis, and thu5 thc ovuall tnalching of income and outgoing re50UTC¢5 would be both consisi¢nt. and a better indicator of the careful stewardship of the Charity's resource5. Position from August 2019 Since August 2019, the pension has been in drawdown and no fi￿er contributions are payable. io. Debtor5: Amounts Fallin Due in One Year 2024 2023 Prepayments and deferred expenses 5,921 1,000 5,921 ii. Creditors: Amounts Fallin Due In One Year 2024 2023 Aecruals and sundry cnditors 21,369 29.715 21,369 29.715 12. Share Ca The Oxford Centre For Training. Research, Advocacy And Dialogue Ltd is a charitable Company linllted by guarantee and does not have a shor¢ ¢apitsi. 13. THE OXFORD CENTRE FOR TRAINING RESEARCH ADVOCACY AND DLtLO UE LTD NOTESTO THE FU4ANCIALSTATEMENTS FOR THE PERIOD ENDED 31- MAY 2024 13. Restricted Funds Balance blfwd Incomin Out 5 Bat8nee elfwd oin 116123 & tr#n$fer$ & trgnsfer$ ii Fund for the R¢licf of P¢r5ecuted Cliristians and others Scholarships & Courses New Humanum Group INHG project) "Pass Through" Funding Dioc¢se of Raiwind Talking About Dying (book) Ethiopia. Desla (SOPHOS) CCFE Conference 6,643 3,250 6.643 13,681 13,601 7,500 3,170 7,51X) 250 198,889 180 250 191.594 180 11,705 19,000 2,000 1,337 2.000 1,198 251 390 209,463 36,143 32,868 212.738 eholarshl s and coU￿eS The involvem¢nt with young people here includes education and vocational trainin8. Aid ￿Ven h¢r¢ is generally in Inicrogrant fom). Pass Throu h Fundin This generally includes donations to be onward transmitted according to the donor's directions. Diocese of Raiwind This effectively repTe5ents Pa55 Through money to supp)rt a Te¢hni¢al Training Instihrt¢ in Paki5t4n. Whilst this ￿nd is principally directed towards educaiion and training, it also includes funding for The Justice Project - research in relation to this and planning for a conference concerning it in the near future, Ethio ia De5t# For the 2023124 year, this represents monics rwcived from SOPHOS, then passed on, for projects and small grants to help young people in Ethiopia, and other North African countries generally, with small business start-ups and micro4nt¢rprises. 14. Anal sis of Nel Assets behveen Funds Flxed Net Current Total Restricted Funds Unrestricted Funds 212,738 177.277 212,738 177.277 390.015 390.01 S 15. Commltment5 In the opinion of the Trustees. there were no outstanding commitments at 31, May 2024.