Charity registratbjn nurnbpr 1144470 lErWJ￿rHI and Wales) Comparby reswstration number 07673603 THE SANDSTONE RIDGE TRUST ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 THE SANDSTONE RIDGE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustaos ProfA Hul P Winn S PyAn Prof D Bel Ms T Hull Dr N Fhyrres Prvf AHul charity number IEnglarHI and Wlalesl 1144470 Company number 07673603 Roglstored offi¢¢ CIO Hal LNesey 68 Sl Chethrty CW6 OAT Indèp￿￿•￿ •xamintr Hall Livesey Br HLB 68 Street Twley hestrire W6 QAT Bankers CAF Bank 25 ￿ry45 HIIAvenue Kirys Hil West Maliry Kent THE SANDSTONE RIDGE TRUST CONTENTS Pa98 Inde￿dent exawinprfs rewt ststemenlaffffi8rKial artMiEs Nota$ lo th8 fnarKi8lsial8ft￿tÉ 7.13 THE SANDSTONE RIDGE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Th8 trustees wesenl t1￿r annual atKI Ina[￿￿ I￿lheYear￿ed 31 Matth 2024. firhonuel slolem¢nts hevc b¢en prepared in •wounbry zet wt M notc 1 to ihe finynciol Stslemenls and comkly with Ihe charivs (kxbnwl. Q￿p￿Tre$A￿ 2QM)6 and"Ac¢owtsw and Rept*tng by Charities". Statement ol Recornmended PraCt￿e alw￿ble to Chartt￿ iryaiirwJ their a{x(￿nIS in a(rthanr* wth the Financial Réwrfitw) Standard appltatle w) UK RwtAic of treL*d IFRS 1021 leffÉctiYe 1 JarxJ8ry 20191.. Obje¢trwes and a¢ti¥th"es chadly'¥ obia¢ts arn sai otslb8kw. lal yomote enhance. ImF*ove. [￿e¢l and werve the physKal rolur4 enwroiTrwt￿￿ its naturJ beauty f￿the wNic benefit ￿thin the area krN)wn a5 Cheshires SarK1St(x￿ Rx*Je and ts environs txrt not exthgvdy by." Ill h8bit8t 1x￿servati￿ ar￿ restoration and erthartemerl ¢￿the I8￿￿$t4p￿." Iiil iwroving the unde￿ta￿l￿g ollhe ￿#￿e(￿9￿￿1. h15t0t￿￿ aThJ ￿ltU￿1 Inherrta[￿E0fthe area of benefil". Iiijl av4ar8ness oflhe qu*it*saNI fea￿les01th& area of thfcwg lerpretakn and ￿prOVed access" 151 adv*ce the ￿ucknn ofihe in Ihe phystsl a￿1 nalur81 envrthmeni arKI in Pat￿8[ the conservation. prulKbon Iwrovtrhtni of Ihephyxa natu￿ enwth)mert. by •Xdu$Ne￿ by Ihe of i￿1n1￿. olunleering 8nd edu¢awnal OPFKnundies 8n¢J the de¥ekwenl of rur* 5kn1L8 p￿Y￿ benefit. Prfnclple a¢llvllJes lal maximis& pukAic 3wdrprb￿ aflhe sa￿5[￿￿ Tw5f, {)} Exp￿1￿ Lh8 puwofthe TIL￿1. arvj bene￿1$". Icl Secure active parkn0pati￿ and suptxjrtafthe Tru￿ pe(We'. Idl Enhance its repulabon 59 th* It eams ￿￿￿tarKIng￿vj 5wxxI al the Same bme.. 181 CtBate mainlain links with key pariner5 in otdwlo di￿￿ th8 way in %%trich the Tntsi mernbers and supporters co￿u￿ bu￿neSS aid c(Nn￿n￿e (Tr Be¢orre mole efte¢ove In th$s￿in8￿n9 int￿1￿7 ¥xxrt Ihe Trustwd be able Io infoinaton m(*e stryole9ically to key audiencesa￿l., Igl Deveknp a strong t%%&way ￿1{arMal0n bettveeTh Tru5tee5. Tr￿ mernbers. aThl its partners and key athEn￿S TTrKs trustees have paid due rggard to guKJanc8 i5wwI by ts Clwiity in d8ci¢ir4J %*Fwt ￿tiVItieS Ihgchgrty should urwJertak&. Achleveffl•nts and pgrformanc• T￿51 has eslaNished its a[￿ set L¥rt its wvjdlr￿S. ItIHs TevIewedlhEOUt(XF￿ES of otherprevKJU$ HÈntagÈ Lottery funded progra1m￿S its [￿x￿lUtUre *My. h has with its begun to dB¥elop wJ8B5. Financial r￿leW Incwe was £39,029 In 20231£46 in 20231. ￿lh￿£38.9J9 rdated ￿¢84￿j the r•mwtThYerrelaled ts ini8rest re¢Èi¥ea In Ine year, Exp￿rtUre increased to £7.601 [￿>M £2.478 oyreni lev4 of unte*ncled reswves ￿ £18,￿5. tnBtees a￿ satisfiedlhai thB I￿1 is sulfici￿1 lo med any obl￿0￿￿￿$ gri8in9 Ihrou* the operalKJn of thority cwrenl time. Th¢ trusteos horfe ￿)nS￿le[ed the requirement lo maintsin free rfyserws arvj are sa￿r￿1 that Ihe chanty ha5 a need to e$la￿sh free wtves to aiwtb Ihe ￿￿10[ fluciual￿r}S in fur￿1￿9 [eCer￿ (yJrlailng Serv￿ lo its be￿rKaa[1es has been IxJcLlated to b 8pwoxim8idy £1.000. The trustees has assessed the riskstowkith Ihedwity is ews&l. a[KI￿e sat15fiEd that W2m5 3re in place to mrtvJale exposu￿ lo r&$. THE SANDSTONE RIDGE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 FLrture plan# 202314 accounlin9period was ¢￿inated bylwo iterns. F rslly. the ongoing w(Hk by NalurJ EnglaTrd highlighte¢ in l*e 202213 ac1x>￿￿t5 to u)n5￿erlhe Sandilone Ri(Sge as a pot8nbal Are8 of (kJlSl8ndiTg Na-.urèl Beauty IAONBI. Ths h8s Inv￿Ved and silt ¥1s118 w*h Natur81 Enoand and lh¥ Iwo L thtK) servedduring the year arKI up to the atp of5ignature of the financia Slaletnenlswerp: Prof A Hull Mr G Church Mr P Winn Mr S Pain Ms S Angu>Cra%Yshas1 Prof D Bell Ms A Roberts MsTHul Dr N H(Ames IRe5wd 22 (ktobBr 2D241 IReswÈd 17Aml 20231 IReswed 21 I￿[￿ber 20241 Thp Annual General M￿ts￿9 ofthe charity the T[￿ 3rKI ￿kn(￿ary (5Fr￿£S aw(xnts reFKxbng ar￿￿￿tantS and considers and awroves the annua rewwtatKI aC￿nts forthe FKeceditvJ year. The trnj51￿ tneet re9uLartyto discuss e Charit￿5 affait5. AJI oflhe tnan3yernentand u[￿Ertak￿ on a vdunlay b￿5. N¢￿e ol Ihetrustge5 has ￿Y bwefKial inlw*l thi c¥ryany. Al oflhe In￿1¢¢$ are rnembwsofts (xynpany guarantee ts>conlritxJle £1 in the eV￿rt of a ￿. t*arity seBk5 suitab￿ It￿1285 ftutn tim8tokne surfablB qualifiLZ￿jt￿￿*￿ rr￿Y ￿ wled onlo the Lw)ard. New trustees Will be brEfed on lh￿r legal obbJalKJns under tharity and (wany &¥J. tr* e4intent ofthe rff*mN￿dum and 8rbcles¢fass0¢k8t￿. the ¢omnMttee ar￿ dets5ion.makfftg t¥ctesses. trustees. reFrfyt￿ atpro¥ed byV￿ Board of Tr￿le8$. THE SANDSTONE RIDGE TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Prof A H￿1 Trustee D•tsd. 13 Dp¢embor 2024 THE SANDSTONE RIDGE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SANDSTONE RIDGE TRUST I r8Wrt to Ihe tr￿lee5￿￿ my exatr4nalKJn vfthe statw[￿LS ￿ ThB Sandstone R￿ge Trust Ith8 Ghatylforthe yearendÈd 31 Marth W24. R$spon￿bIllIFy arKI basls of rtport As Ihe bust888 ofihè th8rity l*)d itSdWec￿sf0r tre p￿[M)se8 of ctmp*ry LThl. you aro responsi￿• fc* pr8P8ralh)n of tre finaroal Slat￿￿ntS in &¢trdar￿0*lth wiirw*nts c￿an*S Act 20￿. satBfied trrysoWth* firwnrial St*e￿• oftlp ch¥ity requrwl to be aLKlited Part 16 CofflpaniesAcl 2006 and are elyble for KKI￿e￿enleXa￿Nnat￿. reFKKt ￿ resped of rny examinatron of the tharty's financ4al Stat￿ne￿i5 *ith r*¢£*ds: the financial statements (k> not CO￿tAY the 0f￿h0n ￿ ofthe C￿mpanIeSACt 2006 otr*r than *)y reouiremeni t￿1 the fin￿ f8Jrvw. Is noi a matter cwsijgred as part ol an Inoewndenl eX￿)In8￿0n". the fin¥n¢ial stairynents have noi been p￿p￿e1 in ao)ydarte ¥Ath the and prir￿1p￿s0[the stsiemeni of Recommenoed Pr&x¢e for ￿¢￿ThIrs rerthF)9 Dy aPyi¢aUe 10 ¢haniie$ prep¥riry u)elr fina￿¥1 stslEyT￿nts m acCLXda￿e the FmarrtJal apphcth UK WNI RewYK¢l Irelan IFRS 1021. I have no concems anrt have cOme￿r05$ no Olher rnai*rs in the ex3rnirK4tion to ￿tICh attention Should be dravm in 11¥5 report wdor to en￿9 ? WDPgr wdorstarvjry oflhgfWn￿al slat9ments to be rpac￿. Retecca Ellams FCCA HLB House 68 High Slieei Tarporfey Chcshirc CW6 OAT Dated.. 1fj December 2024 THE SANDSTONE RIDGE TRUST STATEMENT OF FINANCIAL ACTIVMES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 To*1 Unro8tri¢tsd Ro8tri¢tod lund5 fund3 2023 2023 Total 2024 2024 2024 Notes In¢omo fw: Donatior6 and lllveslments 74 10 Totsl In¢om* 39.029 46 46 Expenth¢yr¢ on= charitab￿ &tivtb&S 7.601 2.478 2.47B Total expgN&turfr 2.5W2 7.601 2.478 2.478 Net incornellexpenditurel 12.472 31.428 12,4321 12.4321 Tr8nsf*rs betwtrn 20.257 120.2571 Net mov8mènl In funds 12.4721 31.428 17.W25 120.2571 12,4321 Roeon¢iliabah of funds.. Fund balarKes 8t 1 April 20YJ 21.357 2.924 24.281 3.532 23,181 26.713 Fund balanctrs at 31 Ilareh 2024 18.885 36.824 55.709 21.357 2.924 24.281 siatsrn8niof fina￿81 ach¥i1*5 *ickJdes all gains*wJ k)sses wised in the year. Wl ir*J)me *d *xpe￿j1Ure derive THE SANDSTONE RIDGE TRUST BALANCE SHEET ASA T31 AIARCH 2024 2024 2023 Currbnt ass•ts Debto Cash 2t barth and i) ha 11 37.897 18.512 Cr&dltOV5: amowtsfalllng th• within on• yEar 12 (7(K)I 11.2731 Net currenlassels 55.709 24,281 The fvnd$ of the ¢h8rfty Restricted itKotne fun( unré8tric￿d fuNJs 13 14 36,824 18,885 2.924 21.357 55.709 24.281 The c(MKpany ￿ entrued to the exeryK￿ from IheaL*lil rewirernErtC￿la1led n secti￿ 471 ofthe CorYyanE5 Act 20￿. for Ihe year endgj 31 Merch 2D24. Thè dirèctots ackni￿tr their reskth$lMlrfi3s ft*e(Mnp￿rvj *1lh requwetnents otthe cOmpan￿￿A¢t2(m)6 re$pÈ to accountiry records énd the prepara￿ ￿T￿lan￿81 slatw)￿. mmbws nava rot r•qulreo the ¢(¥￿￿Y to obtain an 8udil of its fnancial ¥w8mwts forTh ywin Ql￿9￿0n In accordan￿Wth seclK)n 476. ThÈse fina￿81 ￿aternents h*È W prepa￿d ￿ auX)rd*￿ withihe KWOVtsiOnS trj tthiparmes subpct to the small Companies ra91ft￿. Ihe financ*1 ststerrtnts we apryoved bytrt busiees ty) 13 De¢￿tlY 2024 ProfA Hull Trl￿ Coryany registratil￿ ￿[nber076736O3 IEn9thJ atml W*5 THE SANDSTONE RIDGE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A￿OUnt￿9 pol￿195 Charity inlarmBtit The w¢andstone Ridge Trvstis a wvats oryany by 9Jarant9e irwpoiatetl England gr￿ wa￿$. istsred offKe Is CIO Livesey Br￿¥[￿. 68 SL TarkKrley. Ch25thwe. CW6 OAT. 1.1 A¢count*lg comtenti 2006 and"Af*thth￿ ar￿ bi Ch¥rfies" Slate*wtofRetxlrn￿V¥kd Pratttste a￿lirth1￿e to ch9r￿e$ Ihgr amnts in all￿¥r￿pY￿lh the Fr￿￿081 SWdatd apliraY8 In IhB UK and REpubhc of Irdand IFRS 1D21 leftectNe 1 Janw2019f. The tharity is a PubSe B￿fil Entityas defined by FRS 102. The charity has tsken advantaJ8 pruvis*￿in thB SORP frJrtharii￿5 4￿￿"[￿j FRS 102 Uk¥Jate Bullpbn l TY)t io prpp￿e a Statetn2trt of Cash FkM5. The fina￿￿1 *akrthnts are s￿l￿j. vknich v3 th8 oJrwolth8 th8rfty. Mon*aryamounls Ihfysefin￿c￿I stslemwis we rOU￿E￿ to Ihe wrest£. The financial str￿Ments have been prepaed urk*rthe tristorira rx)5t CA)nvE¥thn. ITTh￿1fi￿ to inclthe the revaluat￿￿ offteehold properties ar￿ to n¥eskn￿nt wwbes atKJ ￿1n finan(ia ittstruments ai frdir valuel. Th8 ￿ncIpal a¢¢ount￿9 PDIKF5 adoptFd art Set be*M. 1.2 GDlng Al the tirne of apprO￿[￿j lhefftna￿ia1 slatetnents. thetsU5I￿5 have a regsonablE expECtation that th2 has adequ8ie ￿$￿rte$ ro ¢onbnue In orepl￿n81 exiskn¢e for f￿esee￿￿ fulLKe. Thus Ihe trustees (y)ninue 10 •J Ihe going bags of8ccwnb.ry n preparirMJ Ihe fnarThl *￿ents. 1.3 Charflablc fvnds UnresIr￿l*d I￿&S are avak*l8 [(* u¥e at the ol th8 tr￿1885 in futhrarKe of therthariiaNe obie(fjv88. Raslrktsd fwdswo Su￿*¢1 Io by L¥Wl¢)rs as ￿ ho*tW nw be used. Th8 WlPOSa$ nd uses oflhg rostiicted f￿d3 setout in the notssto fmanoal slat￿nts. 1.4 Incom• IrKorne 15 recOgn￿ed when the ch&ity 15 ￿galty ￿titled lo il afteT any p￿r￿[nance (￿thDn5 have teen mel. the nwnts be Y￿s￿red relabty. and it is ryobab￿lhal inttThe beT￿tIved. Cash d&nati￿S are recowls￿ on recept. therthakns we retxwised 0￿e Ihe chffj ￿ been notifi&1 ofthe donaton. Unl￿ pert(Th￿￿e requ￿ ofthe attKJunl. I￿￿Kne tax re(x)verd￿ in [plati(￿ to donations rocefv8d ￿￿er Trft or 48&Ys of o)¥wBnt is re(0￿1$*d 8ltr&tr(* ¢flts &)n81Kffi. Le9aues are re￿r￿sed recgpl ￿ (ther￿ rf the dwtity bpen ￿tified of an IM￿ndIng distribution, the nount 15 known. re￿Pt is exI￿red. Wthe arK)unl ￿ nrt kn[￿￿. lh2 Wy istrea￿l as a contingent a5seL 1.5 Expttmliture Li8billi6s aro reccon1¥￿ as8>p￿￿￿UrÈ as a¥ Ihwe iqa lega C*OMStrLthe oblKJation et1n￿ll1Th9 tha ch8rNy b) al exp8ndilutp. its 15 Ihal a tran5feTof eLyJrK￿K ￿nE￿i5￿111 LY requred n selleW￿ and IhF a[[￿U￿t￿r al obluation ¥n ffeagJre¢ EXper￿ltU￿& Is acixA￿Ied ￿xIU* b￿Sar￿1 has been das51￿ utthr heathr￿￿tha1 aggre9ateal u)5t rd¥ied 10 c*g0ry. Where costs wnot be ¢J• loa parts￿￿3r WJINJ Ihey have been 41t￿led to a¢tMbèS on a cons*lenl thB L¢e ofréywr¢es. THE SANDSTONE RIDGE TRUST NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 MARCH 2024 ACcoUntw￿ pol￿•e$ (Continued) .6 Ce8h amd ¢o8h eqtsiyalènts Cash rash awNalents IT￿￿le (xh in harxl, de￿￿15 W atcall baT*s, other shi)rt-term I1(w￿ Investments th onginal m*ti*il*s efitY* kss. *)d b￿0¥*d￿lis. Barft ov¥drafts are TArylhin borfowngs in rrenl liabilitses. 1.7 Flnanclal knstrument9 The d)anty ￿t¢￿￿ to ap￿Y tr* prwso)s of Se¢btr) 11 Eayc FF)aThial InstDyments' Se¢bon 12'0U)er Financi81 Instrurnents Issues. of FRS 1￿2 to JI of ts irEuuTrEnts. Financial instsurnents are rwised ID the that￿S i+Eetthen thp tharii> b2£¥)￿ party lo the(xxrtractu prov￿￿0$ ¢flh8 insiwTr*ni Financk41 assetsand labdi1￿￿e offset. *ilh the rel O￿Thts rwted the slalenEnts. when there 15 8 I￿allY enfOr￿able rightto set off Ihe recogn￿￿ aTK)unts tt￿re is ￿ inten￿￿ to selue Ma net bas￿ orto real￿￿ Ihe aysel and settle Ihe liablity ￿rDult￿e0USIy. Ba$Kfin¥ncBI a$s8t$. i￿lUde d8blc*$ Cash ban* bal9r￿. ¥e inth8lly me8sur•d 81 tr*)$8CIK)n pri¢8 Induding transadon cos15 and are s￿envY ¢zrried at aThth5ed C(￿ ￿r￿j eff￿t￿e ￿terest Meth￿ unless the atraryement￿￿StitUtes3 fina[￿￿￿9 tran￿b{￿, whetp transact￿ is rneasured at thp F￿esent Value ofthe fviure raceipls (*swJnted 81 a market tab of intsr*sL Finartial assets cAs$rf￿d ¥8 r8¢*vabb wthin onè ya8r aro not rnorbsed. Basic financ￿1 tiabilit￿S Basrfinanckel liabiliiies. hi¢1￿11n9 ¢redtr￿s baik h)¥ns are iritiaty￿c(yjTh￿ attw¥ctson unless ihe arrar￿Ment consblutesa finanung tr￿Sth. ¥%there tre debt in5Jument ￿ measured al the present vaue of ihe future paytrEntsdi5counted ata tnatkel rdle of itrtetP51. Fina￿>4 lthlibes da￿lf￿d as pay￿￿ wittrmn onp yearare not atnottised. Debl Insthm￿l￿are SAJbseq￿tty al amrAitsed cast. ￿n9 Ihe eifttthe interest rate YrÈlhod. Trade rxEdit(Y5 are otAigalK]n5 to pay fL¥gL￿sOrSL￿￿*￿l have been aCq￿re￿ ￿ the ￿dInary course of operaions supplet5. Afflounts are d3ssrfEd as CLwrent1￿Ll￿treS rf payment is due within one year or le5S. If not, they 8r& piesentad a£ non￿[rant h"ablit*s. TF*8 L¥ecilOTS ar8 rtoyniwj Inilialty 81 pri¢• and subsequeniiy measured at amrytised cost uwr*g tre effecti￿ hiterest mettrth. Finantisl liabilibÉS arè dèrètwigèd vAÉn charity's (￿nI￿*￿I t￿*da1￿% (*arè digd)argÈd or￿C￿l￿d. 1.8 Employw ￿n&fits The CDSt uf any unused I￿￿jaY Ès tpE(gnwJ in IhB PPtv>J the ewWDyee55wvice3aTr reGeThied. Twmnali¢n benofits are iecognEed m)?￿)¥reYa88n 8xp8n$8 wh8n ¢hanty ￿ 08nKfftstr#)ly CtyTrmltt￿ to terThinate the em[A0￿1￿ d an empk)vee ￿t0 provKle term￿311[￿ ben2fits THE SANDSTONE RIDGE TRUST NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 MARCH 2024 ¢rttl¢al a￿O￿n￿n9 •stim*s and lyd9prnonts In the 8pplicabon oflhe thgrity's 8CC(*rnry ￿￿￿¢$. th¢ trv3lees 8re Tequ?red lo mJke iJd9errrnts. eetsmjtes assumplw)ns amul Ihe carrying anKurtofassets *)d hab11￿$ th41 are r￿hlY app¥￿1 frw ￿her esthThates and asSoC￿te¢l as5wWK)n5aE based on e￿ier￿e￿d O￿taI￿r5 that are (X)ns￿r￿ to be rde¥8nt. Aeiual resuhs maydrfTÈr fromihes& ÈStirnatÈs. Thp Fthd iJr*lptyryJ ￿￿1￿￿￿￿¥￿e. rpvh¥erf rjn an In aruAJnhrrfJ p¢limqrps arp. recognised in the p8rk* in ¥Jh¢h Ihe esDmaie is *tsre revi8kJl aff￿1$ tyily Ihal pwitrj. or in the pariod of Ihe rwisx)n Tuture per￿￿S whpre Ihe revi&on affects tx>th curr￿rt future peri(xl5. come fwom (lo￿10n5 and lega¢Sos TLrtal Restriclvd funds lunds 2Q23 2023 Total funds 2024 2024 2024 2V23 DonalK)ris arml glts 74 74 10 UKSPF 74 38.983 10 kncorne from inve5bnents Unrtstrlcted Unrtrswicted furK15 lunds 2024 2023 Interest r￿l¥at￿o THE SANDSTONE RIDGE TRUST NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 MARCH 2024 Expfrrndttyre on tharll*¢a¢fjvlOos Raiyiry Raisiny donatitins arnd 18gaclo5 2023 2024 2024 2U24 Dlrvct Costs Enlerac905 n database Share ol support and governance costs Isee note¢l Sukwrt 1.717 875 1.717 875 7.801 2.476 Anatysls by lund u11r￿tr￿￿j 2.592 2.478 2.592 7.601 2.478 Support ¢osts 2￿23 Gosts Marketing PR arvj website 558 778 Running costs Bank charges MeTnbefShip 7T8 73 119 113 Independent exaThner fees 71X) 164 7¢YJ 164 613 327 16 613 327 16 Insuran Ttustee ￿penSeS 1717 875 2.592 1.522 956 2.478 AnlyEed btheen Ch¥dtabb a¢tivf(8¥ 875 2.592 1.5¥2 956 2.478 10- THE SANDSTONE RIDGE TRUST NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 MARCH 2024 Mot mvfyment kn fvnds 2024 2023 Thfy nFt I￿VeMentin fthd$ ts ¥tsted aftrr tharyinyII(*ethtyl". Fees payable foi the It￿ep￿￿J￿I exanwnatK)n vfthe tharitvstharvial Stai￿15 7(KJ 613 Trusts8s None ol the tru*ees lor any per￿S (￿nneC1ed themi re(xNed T￿￿n￿ration or benefits frffli the charity during tr* year. The average rnanlNy wmber of duriry IheYe3r￿zs. 2024 2023 m￿nber Number T(*al There were ro emrAoyees a￿￿1 fernUwa￿TrW4$ rr￿e Ihan £fyi.rm. The renwneratK)n of key nwnagerrWtpeI￿r￿ asfalw.. 10 Taxation The charity is ex8ttyt frumlaxatiDn its au*vth because dl ts ap￿1￿j fur charitable PLTwses. 11 Dobtors 2024 2023 Arnounts falling due within one ye*. Trade debt(W5 37.897 12 Crodltors.. amounts hlllngth*wlthkn on8 yoar 2024 2023 Arxru315 and defwr& itK(J 7(KJ 1.273 THE SANDSTONE RIDGE TRUST NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 MARCH 2024 13 R¢strl¢t0411unds The r¢eln¢ted fundsoflhe therity c￿nprisethC ur¢xpcrhYed b8￿nc￿etr¢c￿$8nd grontshdd on trusl subject to SP8ufic co￿111￿￿9 by¢M(YJ as to hthty Ihey rnay be wd. Mov8mont in fur*Js Hllforts and woie(* 20.257 (20.2571 Walk and RKle Fesbval HLFICWAC- TrdnsliK￿al ndkng UK shared Prosp￿ Fund 32 2.892 2.892 33.g)D 15.Th)91 3.181 1202571 2.924 38.909 15.W91 36.824 14 Unrestrithd lun The Lryestriaed funds oflh8 cthaMy¢omws8 i1*u￿￿*￿)*j balarK8sof¢Jrfflaiois grants which are rKJl subject tn.4rv.ifip. r.nndihrJrs hy And wntrits te. hp. li￿ Trp￿. irrAiJdp. ￿￿l￿n3tP￿ fiinrt5 whip.h havp. been set as￿* out of unresth¢l8d furfs by ts trust8esfor pwwses. At1 April 2023 Transfors At 31 Alavch 2024 Genwl fur￿8 21.￿7 120 12.5921 18.885 Previpus year.. Atl Awil 203Z kncofflir#J Resowce$ Transfers At 31 MarEh 2023 Genwd fu￿$ 3.￿2 12.4781 20.257 21.357 15 Anatysls of net assets belwttn lurK15 Total funds 2024 2024 2024 At 31 Alarch 20X. CurreDI s$setsll1*￿lthfsI 18.885 36.824 55,709 18,885 36.824 55.709 12- THE SANDSTONE RIDGE TRUST NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 MARCH 2024 15 Anatysits of net assets bet￿efi funds (Continued) Total fund8 2023 2023 2023 At 31 Ma￿h 2023= Current asSEt￿lIK?￿lIbeSj 21.￿7 2.924 24.281 21.357 2.924 24.281 R•iattrd party trdn$a¢tions There were no d￿c￿saI￿e mL4tBd party￿5th￿ d￿￿g the y￿{2023- tK)nel. 13- This document was delivered using electronic communications and authenticated in accordance with ihe registrar's mles relating to electronic fomi, authenticatior and manner of delivery under sectioi) 1072 of the Companies Act ?006.