OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-06-30-accounts

Hamsayeh International

Report and Accounts Year ended 30 June 2025

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

HAMSAYEH INTERNATIONAL

COMPANY INFORMATION

FOR THE YEAR ENDED 30 JUNE 2025

Trustees Rev. Patrick Maurice Wright
Jonathan Griffith Lewis (resigned 20th January 2025)
Dr. Rev. Mark John Henrik Meynell
Dr Michael Scott (resigned 1st June 2025)
June Farrant
Rev John Alexander Kirkpatrick
Company Secretary Catherine Clare Arian
Key Management Amir Arian
Catherine Clare Arian
Governing Document Memorandum and Articles of Association dated
2 June 2011
Company Registration Number 07656357
Charity Registration Number 1143577
Registered Office South Hanwell Baptist Church
Boston Road, Corner of Humes Avenue
Hanwell
London
W7 2HJ
Independent Examiner Nick Spear ACCA
Stewardship
1 Lamb's Passage
London
EC1Y 8AB
Bankers HSBC Bank plc
46 The Broadway
Ealing
London
W5 5JR
Contents Page
Company Information 1
Trustees' Annual Report 2-5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9-13
Detailed Statement of Financial Activities with Comparatives 14

Page 1

HAMSAYEH INTERNATIONAL

TRUSTEES' REPORT FOR THE YEAR ENDED 30 June 2025

The trustees, who are also directors, present their report and accounts for the year ended 30 June 2025. The trustees who served during the period and up to the date of this report are set out on page 1. The accounts have been prepared in accordance with the accounting policies set out in note 2 to the accounts and comply with the charity’s memorandum and articles of association, the Companies Act 2006 and the Charities Statement of Recommended Practice (Charities SORP (FRS102), Financial Reporting Standard 102 (FRS 102) and the Charities Act 2011.

Structure, governance and management

Hamsayeh International is a registered charity and a company limited by guarantee and is governed by its Memorandum and Articles of Association dated 2 June 2011. New trustees are nominated by existing trustees in conjunction with the CEO and Company Secretary.

Objectives and activities

The object of the charity is to demonstrate the Christian faith in action among the persecuted and spiritually needy from Iran, Afghanistan and Tajikistan so that they may know the transforming power of God. The main areas of activity are:

1)Outreach 2) Discipleship 3) Church Mobilisation

In planning the activities, the Directors have had regard to the guidance on public benefit issued by the Charity Commission in December 2008.

Activities in the year

OUTREACH

(1) ENGLISH CLASSES

We continued to offer our English classes provision on Wednesday and Friday mornings (term time only) from the rentable space in Haven Green Baptist church, Ealing. The classes continued to grow this year with approximately 80 on our registers and a reasonable waiting list. Our student body generally was a mixture of asylum seekers and those who were more settled in the area. Over 10 nationalities were represented (majority Iranian), served by a team of 11. The ministry leader was on sabbatical from October to December, but others ably stepped forward.

Practical and pastoral expressions of mercy were varied and frequent as friendship and regular communal meals were offered to the student body through the course of the year. Also, in addition to the standard classes taught over 4 levels an additional reading class from a storybook Bible was offered in English and the

Page 2

average attendance was 6 students.

(2) FARSI FRIDAY

This new initiative was launched in March 2024 and operated on a Friday evening from the premises in Haven Green Baptist Church, Ealing. The rationale behind such a venture was to offer a safe place where Farsi- speakers could enjoy an evening full of games, food, each other’s company and teaching from the Scriptures. Approximately 40-70 attended each session throughout the year and the number of children grew to 20 at times.

(3) ONE OFF EVENTS

A Christmas event was held and a combined NOOROZ (Persian New Year)/ EASTER event was held in March 2025 where 60 Farsi speakers gathered in for an amazing evening. These events have also been hugely successful, and as a result some started attending the new church plant and English classes.

(4) THE ARAMESH CHURCH PLANT (NEW)

After much deliberation, prayer and thought the Aramesh church plant opened its doors on Sunday 5[th] January 2025 after 14 years of ministry in the local area. This has now replaced the Farsi Fellowship which met once a month and offers Farsi speakers an avenue to meet each Sunday to hear the Scriptures preached in their own language.

The format includes a worship service with a Sunday school running simultaneously, in English, mainly for primary school children. Afterwards, the afternoon is concluded with a communal meal where further pastoral care and prayer can be offered.

The Aramesh Church Plant meets in the Salvation Army premises in West Ealing and by March 2025 the numbers had doubled in size.

DISCIPLESHIP

HAMDAM COURSE

This 12-week exploratory course happened twice in the course of this year again, once after the English classes outreach and then as part of the Farsi Friday event.

We rejoice that once more the Gospel has gone out to many for the very first time and on average 60- 70 were in attendance throughout the year.

LADIES BIBLE STUDY(NEW)

From May onwards 15 ladies gathered each Friday afternoon to study the book of Ruth in Haven Green Baptist Church. For many it was the first time to attend a ladies only group and study a book systematically. This session started with a lunch and finished off by very moving prayer times.

HAMDAM RADIO

Hamdam Radio, our internet radio, continued to be a valuable resource as all the content has been specifically tailor-made for the Farsi-speaker. Not only is the Gospel presented in a culturally appropriate way, but discipleship material and a

Page 3

wide array of Christian music and Persian folk songs ensured a varied offering to the listener as it ran 24/7 in Farsi and could be accessed globally. It can be found through the website www.hamdam.co where a user-friendly app can be downloaded for ease of listening on the go.

CHURCH MOBILISATION

SPEAKING OPPORTUNITES

Throughout the year multiple speaking engagements were undertaken in person as well as exhibiting at Bangor Worldwide Missionary Convention and Keswick@Portstewart, Northern Ireland.

SUPPORT GROUPS

Currently we have 7 support groups who gather regularly to pray for Hamsayeh and in addition a number are also run by zoom from London to capture a wider audience.

FUNDRAISING

Our two main fundraisers for the year were our Coffee morning and Singalong (organised by our Broughshane and Ballymena support groups respectively). The numbers at both just keep on growing and in the case of the singalong we had to move premises.

FINANCIAL REVIEW

The charity had an overall surplus of £24,415 (2024: £8,381). This comprises a surplus of £24,753 (2024: £12,018) in unrestricted funds and a deficit of £338 (2024: £3,637) in restricted funds after transfers between funds. Unrestricted income of £190,447 was higher than the previous year (2024: £164,235). Unrestricted expenditure of £72,514 was lower than the previous year (2024: £142,943 higher) The change in the income and expenditure figures are a result of the setup of the new Aramesh Church plant.

RESERVES POLICY

The Directors’ reserves policy is to maintain a free reserve (unrestricted funds excluding any fixed assets or designated funds) of £75,000 in order to cover both temporary cash fluctuations during the year and the risk of annual deficits since the charity is dependent on donations which are inherently uncertain. The free reserves stood at £131,626 at the year end. While this is significantly above the target level of reserves, it is prudent in the current climate to leave free reserves at this level and will provide cover for the charity in the event of an unexpected drop in income.

Page 4

KEY RISKS AND UNCERTAINTIES

The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.

RESPONSIBILITIES OF TRUSTEES UNDER COMPANY LAW

The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

  1. select suitable accounting policies and apply them

consistently;

  1. observe the methods and principles in the Charities SORP;

  2. make judgements and estimates that are reasonable and prudent;

  3. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

  4. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act

  1. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

APPROVAL

This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by:

P.M.Wright

~~___~~ P.M.Wright (Mar 20, 2026 19:31:07 GMT) _ Rev. Patrick M Wright Date: _____ Mar 20, 2026

Page 5

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

HAMSAYEH INTERNATIONAL

('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025 on pages 7 to 14 following, which have been prepared on the basis of the accounting policies set out on pages 9 to 10.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Nick Spear

Nick Spear (Mar 23, 2026 10:06:44 GMT)

Nick Spear ACCA Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: Mar 23, 2026

Page 6

HAMSAYEH INTERNATIONAL

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2025

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
Investments
4
Total income and endowments
EXPENDITURE ON:
Charitable activities
5
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
12		 Unrestricted
Funds
£
188,426
-
2,021
190,447
72,514
72,514
-
117,933
(93,180)
24,753
107,117
131,870		 Restricted
Funds
£
35,319
-
-
35,319
128,837
128,837
-
(93,518)
93,180
(338)
8,961
8,623		 Total
Funds
2025
£
223,745
-
2,021
225,766
201,351
201,351
-
24,415
-
24,415
116,078
140,493		 Total
Funds
2024
£
179,309
268
252
179,829
171,447
171,447
-
8,381
-
8,381
107,697
116,078

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on page 9-13 form part of these accounts.

Page 7

HAMSAYEH INTERNATIONAL

BALANCE SHEET

AS AT 30 JUNE 2025

Note
FIXED ASSETS
Tangible assets
7
CURRENT ASSETS
Debtors
8
Cash at bank and in hand
9
CREDITORS: Amounts falling
due within one year
10
Net current assets / (liabilities)
Total assets less current liabilities
TOTAL NET ASSETS
FUND BALANCES
12
Unrestricted Funds
General funds
Restricted Funds		 Unrestricted
Funds
£
244
244
19,052
116,459
135,511
(3,884)
131,626
131,870
131,870
131,870
131,870
-
131,870		 Restricted
Funds
£
1,667
1,667
5,425
1,531
6,956
-
6,956
8,623
8,623
-
-
8,623
8,623		 Total
Funds
2025
£
1,911
1,911
24,477
117,990
142,467
(3,884)
138,582
140,493
140,493
131,870
131,870
8,623
140,493		 Total
Funds
2024
£
1,652
1,652
15,310
101,574
116,884
(2,458)
114,426
116,078
116,078
107,117
107,117
8,961
116,078

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors and were signed on its behalf by:

P.M.Wright P.M.Wright (Mar 20, 2026 19:31:07 GMT) --------------------------------------Rev. Patrick M Wright Mar 20, 2026 Date: _______

Company number: 07656357

Charity number: 1143577

The notes on page 9-13 form part of these accounts.

Page 8

HAMSAYEH INTERNATIONAL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

1 Statutory Information

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These financial statements have been prepared in accordance with the "Statement 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 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

Income from donations and legacies includes:

Investment income represents income generated by the charity's assets and includes income from bank interest.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

The cost of raising funds was not significant in 2025 and has not been separately disclosed.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

Radio Studio equipment Over 4 years Office equipment Over 4 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

Page 9

HAMSAYEH INTERNATIONAL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

2 Accounting Policies (cont.)

f) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

g) Taxation The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

h) Financial instruments

The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).

i) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

j) Critical accounting estimates and areas of judgement The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

3 Donations and legacies

Donations of cash and similar
Income tax recoverable
4
Investment income
Bank interest
5
Charitable expenditure
a
Costs incurred directly on specific activities
Salaries, travel and expenses
Ministry & Pastoral expenses
Volunteer expenses
Awareness & Publicity
Property costs
IT & equipment
Grants payable (note 5c)
b
Costs incurred on support & administration
Governance costs
Office costs
Depreciation of tangible fixed assets
Insurance
Total expenditure		 2025
£
204,567
19,178
223,745
2025
£
2,021
2,021
2025
£
143,519
19,477
1,351
7,927
13,448
6,089
191,812
1,200
193,012
2,645
3,931
1,191
572
8,339
201,351		 2024
£
165,322
13,987
179,309
2024
£
252
252
2024
£
125,152
16,180
2,549
9,396
4,906
3,725
161,909
1,950
163,860
2,530
3,300
1,019
739
7,588
171,447

The fee payable to the independent examiner for preparing and examining the accounts was £1,800 (2024: £1,680); in addition the charity paid £946 (2024: £931) to Stewardship for payroll bureau and consultancy services.

Page 10

HAMSAYEH INTERNATIONAL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

5 Charitable expenditure (cont.)

c Grants payable

Grants payable
Grants for the relief of poverty
The comparatives for the previous year are as follows:
Grants for the relief of poverty		 Institutions
£
-
-
Institutions
£
-
-		 Individuals
£
1,200
1,200
Individuals
£
1,950
1,950		 2025
£
1,200
1,200
2024
£
1,950
1,950

6 Analysis of staff costs, the cost of key management personnel and trustee remuneration

The average monthly number of employees during the year was 5 (2024: 4). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

During the year key management received employment benefits totalling £96,440 (2024: £96,117).

No trustees received employment benefits in either the current or preceding year.

7 Tangible fixed assets

Cost
At 1 July 2024
Additions
Disposals
At 30 June 2025
Accumulated depreciation
At 1 July 2024
Charge for the year
Eliminated on disposal
At 30 June 2025
Net book value
At 30 June 2025
At 30 June 2024
8
Debtors
Falling due within one year:
Tax recoverable
Other debtors
Prepayments and accrued income
9
Cash at Bank and in Hand
Cash at bank with immediate access		 Radio
Studio
equipment
£
15,230
1,449
-
16,679
14,064
948
-
15,012
1,667
1,166		 Office
equipment
£
3,009
-
-
3,009
2,522
243
-
2,765
244
487
2025
£
18,679
2,948
2,850
24,477
2025
£
117,990
117,990		 Total
2025
£
18,239
1,449
-
19,688
16,587
1,191
-
17,777
1,911
1,652
2024
£
14,116
270
924
15,310
2024
£
101,574
101,574

Page 11

HAMSAYEH INTERNATIONAL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2025

10 Creditors: liabilities falling due within one year

itors: liabilities falling due within one year
Other creditors
Accruals		 2025
£
2,084
1,800
3,884		 2024
£
465
1,992
2,458

11 Pension commitments

During the year employer’s pension contributions totalling £6,440 (2024: £4,340) were payable to defined contribution personal pension schemes. £nil (2024: £nil) pension contributions were owing at the balance sheet date.

12 Funds

During the year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Aramesh Church Plant Fund
Media Fund
Resources Fund
Relief Fund
English Classes
Aggregate of funds		 Opening
balance
2025
£
107,117
107,117
-
8,961
-
-
8,961
116,078		 Incoming
resources
2025
£
190,447
190,447
28,930
542
17
10
5,820
35,319
225,766		 Outgoing
resources
2025
£
(72,514)
(72,514)
(85,089)
(17,269)
(355)
(890)
(25,234)
(128,837)
(201,351)		 Transfers
in the year
2025
£
(93,180)
(93,180)
56,160
16,726
-
880
19,414
93,180
-		 Gains and
losses
2025
£
-
-
-
-
-
-
-
-
-		 Closing
balance
2025
£
131,870
131,870
-
-
8,623
-
-
8,623
140,493

The transfers referred to above were made to offset deficit balances on restricted & designated funds using general unrestricted funds.

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

ysis of net assets by fund
assets and liabilities of the various funds were as follows:
Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
funds
£
244
19,052
116,459
(3,884)
131,870
Unrestrict		 Unrestrict Designated
funds
£
-
-
-
-
-
ed Funds		 Restricted
funds
£
1,667
5,425
1,531
-
8,623		 2025
£
1,911
24,477
117,990
(3,884)
140,493

Page 12

HAMSAYEH INTERNATIONAL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

12 Funds (cont.)

In the previous year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Media Fund
Resources Fund
Relief Fund
English Classes
Aggregate of funds		 Opening
balance
2024
£
95,099
95,099
-
8,840
-
3,758
12,598
107,697		 Incoming
resources
2024
£
164,235
164,235
527
195
-
14,871
15,593
179,828		 Outgoing
resources
2024
£
(142,943)
(142,943)
(2,853)
(74)
(2,376)
(23,202)
(28,504)
(171,447)		 Transfers
in the year
2024
£
(9,274)
(9,274)
2,326
-
2,376
4,572
9,274
-		 Gains and
losses
2024
£
-
-
-
-
-
-
-
-		 Closing
balance
2024
£
107,117
107,117
-
8,961
-
-
8,961
116,078

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year		 Unrestrict Designated
funds
£
-
-
-
-
-
ed Funds		 Restricted
funds
£
1,166
-
7,795
-
8,961		 2024
£
1,652
15,310
101,574
(2,458)
116,078

The Media Fund is used to purchase equipment to ensure the development and running of Hamdam Radio and ensuring the studio is fit for purpose.

The Resources Fund is for the purchase, development and distribution of Farsi literature.

The Relief Fund was created to help Farsi speakers who are suffering practically.

The English Classes Fund is for costs associated with running English classes.

The Aramesh Church Plant Fund includes all income and expenditure for running the Aramesh Church plant and its related activities.

13 Operating lease commitments

The charity has an operating lease for its office space. The minimum amount payable (until the next break clause and ignoring the potential effect of future rent reviews) in respect of this lease is as follows:

potential effect of future rent reviews) in respect of this lease is as follows:
Within one year
Payments falling due:		 2025
£
12,820
12,820		 2024
£
-
-

During the year the charity was charged £4,738 (2024: £nil) for its operating lease.

14 Transactions with related parties

Except as disclosed in note 6 'Analysis of staff costs', there have been no other transactions with related parties during the year.

15 Members

Each member of the company commits to contribute if the charity is wound up an amount of £10.

Page 13

HAMSAYEH INTERNATIONAL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 30 JUNE 2025

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
Investments
4
Total income and endowments
EXPENDITURE ON:
Charitable activities:
5
Total Expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
12		 General
Designated
2025
2025
£
£
188,426
-
2,021
190,447
-
72,514
-
72,514
-
-
117,933
-
(93,180)
-
24,753
-
107,117
-
131,870
-
Unrestricted funds		 Restricted
2025
£
35,319
-
35,319
128,837
128,837
(93,518)
93,180
(338)
8,961
8,623		 Total
2025
£
223,745
-
2,021
225,766
201,351
201,351
-
24,415
-
24,415
116,078
140,493		 General
Designated
2024
2024
£
£
163,715
-
268
-
252
164,235
-
142,943
-
142,943
-
-
21,292
-
(9,274)
-
12,018
-
95,099
-
107,117
-
Unrestricted funds		 Restricted
2024
£
15,593
-
15,593
28,504
28,504
(12,911)
9,274
(3,637)
12,598
8,961		 Total
2024
£
179,309
268
252
179,829
171,447
171,447
-
8,381
-
8,381
107,697
116,078

Page 14