REGISTERED COMPANY NUPIIBER: 07835914 (England and Wple$) RKGISTERED CIL4RITY NUMBER: 1145094 NEW LIFE cFfuRCH DORKINC Unaudited FinaneS21 Statemert$ for the Year Ended JI March 2024 XeiDadin Nightillgale House 46-48 East Str¢¢i Epsoi Stsrrey KT17 IHQ
IIEW LIFE CHURCHDORKING Contents of (he Fillancial Sl¥tements for the year tllded 31 Mareh 2024 Page Report of the Trustees Iudependent Kx8miller's Report Statement of Financial Aclivitles alane¢ Sheet Note5 Io the Flnan¢l81 Statements 8 to 13
NXW LIFK CHURCH DORKING (REGISTEI REI D NULIqBER: 07835914) Report of Ihe Trustees for the year ended 31 Mareh 2024 The tTUStees who are also directors of the charity for the pu2pos¢s of the Compani¢5 Act 2006* present their report with the finallcial statements of the charity for the year ellded 31 March 2024. The tNstees have adopted the provisioDS gf Accounting and Reporting by Chari11¢s.' Slatemellt of Recomjnettdcd Practice applicable to charities prepating theAT accounts in aceordall¢e iyiih the Financial Reporting Standard applicable in the UK alld Republic of tr¢laod (FRS 102) (etTective l January 2019). OBJEcfIvES AND ACTIVITJES The charity's obj¢¢t is defJn¢d in its Tru$t Deed a5.. lo advance the Christian faith in accordance iyith the Statement of Beliefs appearing in tbe Schedule hereto in Dorking and til such otber parts of the United Kingdom or the ivorld as the trustees may from tllne to lime tbitth fit and to fvlfil such oth¢r purposes which are exclusively charilable a¢cordiJ]g to the law of England and Walcs alld aTe connected ivith the ¢haTitable ivork of the trusl And The policies adopted in rthedce of these objects are as folloivs.. eserves Pol. The Trnslees aim to ]nainlain a n)ininium of thY¢e month's operating expenditure io reserve al all lime5. IllylMent Polic The Twstees aijn to see incomiEJE resour¢es used for the ends alld tberefoTe doe5 not seek to Invest for the sake of income. And cash is held on deposit. All in¢ome is fron2 voluntary donations. The trust¢¢5 have paid due Tegard to guidance issued by the Charity Con]mission in deciding what activities the charity should undertake. This includes the Cominission's specific guidance on "Advanc¢inenl of R¢ligion for ibe Public Benefii" The main activities of the Charity iyere as folloiv$'. - Worshipping God through small group and iYhol¢-Churcb gatherings and individual lifestyles. Equipping the Church (youD8 and old) through teacbiug, encourdging alld example to live out their faith with passion and integyity. This includes attendance at other wider ChurLh events iEJcluding residelltial yoiith events. Sbarlng the good news of Jesus ivith people ivho want lo know tnore. Building a Strong sense of "Church Fally, in which cy¢ is loved and cared for and in ivhich ncw p¢ople are made to feel iyelcome. Wider iiivolveinent iti ChildreD'5 aud Youth Work ivilh other Churches lli Dorking. Maintaining aDd updating our Cliild Protection Policy and providiDg tsBitiing for all those involved ivith young people. Practical care for thos¢ in lld, both in the Cburcli and the local conmnunity Financial support ol a nuinber of people ivithin the Church in keeping iyith the Charity's objecls - Developing th¢ leadership, governance alld a¢hDinistrative capacity as the Church gtOWS. Page I
NEW LIFE CHURCH DORKING (]IEGISTERBD TMBER. 07835914) Report of the Tru5tee5 for the year ended 31 March 2024 ACHIEVLIIIENT AND PXRVORMANC Achievements and/or neiv developments The year to March 2024 saw the life of the Church family at the Chart Downs Cotnmuttity Centre colltEnue to rema strong &nd b2ve a significanl positive tmpact on the local conllllunÉty. The Breakfast Café is noiy fmly established as a popular foT lo¢al people of all age5 to meet up connect. Overall nuillbeTS hav¢ illcreased and Enany people comwent on the pos11ive and ivelcoming environtnent tbal il has created. We also now have seyeial people froffi the local ¢oll]muuity ivho are not part of the Lhurch that help VaroUS Ivays iyjlh the running of th¢ café. The Baby Groupj first established during lockdown in parttsership ivith the local Fomily Centre, ha5 noiv illoved to the Family Centre build8 tsn the Goodivyns Estate but is run by a tewn from the Church. Il is J]ow called Messy Mondays and ].% drawing a ivide range nf parcnts with babics and toddlers. The"Coii]munity Wanii Space" (e55ei]lially a free coffee inorning) at tbe Collununity Centre, agaill iDitiated and run by the Church, has noiv evolved iiilo a cxaft and coffee morning. It is called'cralty Companions" &nd is every iveek througbout the year. Over 50 people of all ages froin the Church and the local community have attended one or more of these sessions (&verage attendance is about 20 people) Ivith an increasing sense of "belonging" expregsed by in&ny of those involved. In June 2023 a group of volunteers from tbe Cburch started a Friday night Yijuth Club at th¢ CoD]nTrunity Centre targeted mainly at th¢ Year 7-9 agE gtoup. D¢spite no attelldaThce in th¢ rSt couple of iy¢eks it gr¢iv over the follo1vg onthS alld Doiv has a regular attendattce of about 15 young people, occasionally rising to over 20. The ivider work with young people has continued to develop through co.operation ivith other local Churches and lye ivere able to take a group of over 20 teenagers from tbose Churches to a major Christian Yolllb Festival (Neivday) which was niJ]ning for the second ti]lle sinee covid. Nearly 40 people from the Church also joined over 3000 others at Coinmissiott Festival (the Church is part of the Comnlission neNYoIk of Chuiches) at ttke Bath & West Shoivground in Au8U5t 2023. Events like thi5 iealty help to build aBd enwurag¢ th¢ s¢lls¢ of log¢th¢rn¢ss across the Church family. Most people in the Church are actively involvedlserving in one or Inore of tbe Church activities outside of the Sundoy Ivorship gatberings and the Church is sloivly starting to groiv in number. Underlying ftnttiicial giving by Church ]nembers has also risell dvrillg the year. FiTrÈlly, tb¢ Church h35 wnlillu¢d to support the ivork of the DoTking M¢n'5 Sh¢d (DMS) at th¢ HaTllPStead Road building, allhough the building is CEirr¢ially in tbe proGe55 Of being sold. This 15 likely to ¢on]plete th¢ sumJn¢r of 2025. FINANCIAL REVIEW Financial review The financial posltiox of the Church rem&ined fairly consistent during the 12 months to March 2024 ivhieh is dthnongtrated in the accounts presented in this docuinent.. The fthanei21 staths of the Church is tnonitored regularly. Ivith a vieiv to takitig appropriate action if required to aititain the reserve5 requir¢d by tbe policy stAted previously. STRucfuRE, GOVERNANCf AND MANAGET*tBNT Governing document The charity is controlled by its governing document, a deed of tst, and constitutes a IijDlted companyi limited by gu&ranlee, as defined by the Companie5 Act 2006. Page 2
NEW LIFE CHURCH DORKING (REGISTERED NUMBER: 07835914) Report of the Trustee5 for the yeAr ended 31 Mareb 2024 srRUCTURE, GOVERNANCE AND MANAGEMENT Tile charity is a company limited by Eu8raotee and is governed by ils TTU5t Deed. The trustees, Ivho are Rlso the dtrectors for ihe pUoSe of coEnpany law, Ivho served during the year 2023-24 ivere: PM Sutherland RW Taylor P Hajittofi In a¢¢ordonce ivith the Trnst Deed, tbe follVIg provisions shall apply in Telation to the appointment of tru51¢es: a) tn addition to tbe statutory powers of appointment a neiv Trustee may be appointed by a iesolution vf tli¢ trusl¢e5 passed by a mtjorlty of the trustees for the liine being (and not ju*t a simple majority pres¢nt al a Ineeling ivhell the resolution is considered) and such resollltion shall bc retorded in the minutss and Signed by the neiv ttustee and by the chaimJ8n of the meetiDg and such records shall be conclusive evidence of his appOint¢t. b) Wben ony neiv trustee is appointed, the trustees shall ensure that ally land or otlier property belonging to the charity vhieh is not vested ill the Official Custodian for Charities or in a eustodian trustee or a nomillee, is effectively vested in tbe per50llS ivho are the tNsl¢¢s folltsiving sucb an appointtnettt. c) A technical def¢¢t in the appointment of 8 trustee of ivhich the truslees are unaware at tht t1C does not inyalidate decisions taken by tbe ISleeS. Notke of the trustees has any belieficial interest in the company. All of the trttstees are members of the company and gwarantee to contribute £1 in the event of a ivinding Up. The Thst ivas established in 201 l. It is governed by Memorandull) and Articles of Association whet¢ill th¢ Charitable objects and poivers are18&d doivll. Pag¢ 3
NEW LIFE CHURCH DORKtNG (REGISTERED NUMBER: 0783S914) Report of the Trustees for the year ended 31 March 2024 REFERENCE AND ADMtNISTRATIVE DETAILS Registered Company number 07835914 (England and W21e$) Registered ChArity number 1145094 Registered office 54 Chart Downs Dorking Surr¢y IU15 4DH Trustccs P Hajittofi P M Siitkerland R W Taylor Independent Exaniiner Hazel M Day Bsc FCA DChA Xeinadit) Nightingale House 46-48 East Street Epsoi]] Surrey KT17 IHQ Approved by order of tbe board of twstees on .20 December 2024................... and signed on ils behalf by: P M Sutheilalld- Trustee Page 4
IndEpendent Exarniner's Report lo the Trustees of New Life Clturch Dorking (Registered number: 07835914) Independent examlner's report to the Iru51ees of New Life Chureh Dorking ('the Company,) I report to the charity ItU51ees on my exan]inalion of the accow)Is of the CompaTJy for the year ended 31 March 2024. Responsibilities and basis of report A5 tb¢ charity's tNst¢es of the CopanY (and also it5 directors for tbe pury)05es of company law) you are responsible for tbe prepaFplion of th¢ a¢counls accordCe with the requirements of the Coujpanies Act 2006 (Yhe 2006 Act,). Having satisfied myself tbat the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examitiation, I report it) respect ofmy examinalion of your charity's aocounts as oarri¢d out under Section 145 of the Charities Ael 2011 ('the 2011 Act,). In catrying out my exainination I have folloiyed tt]¢ Directions given by the Charkty Commission under Section 145(5) (b) of the 2011 Act. Independent examintr's statement I bave coinpleted my examinalion. I confJt]n that uo matt¢TS hav¢ Come to my attention in connection with the exatnination giving me cause to believe.. accounting records iver¢ not kept in respect of tlie Company ag required by Seetton 386 of tlle 2006 Acl.. or the a¢eouRls do not accord ivith tliose records- or the arcounls do llot comply iyith the accounting requirements of Secti(>n 396 of th¢ 2006 Act other than any reqUireellt that the accounts give a tNe Rnd fair view ivhich is not a Jnatt¢r considered as part of an independent exainination.. or the accounts have not beet) prepared accordance ivtth the methods alld principles of the Staleiuent of Recoinmended Practice for aceoiintitig and reporting by Charities (applicable to charlieS pr¢parillg theiT accounts in &ccord2nce ivith the f¥nancial Reporting Standard applicable tn the UK and Rcpublic of Ir¢land (FRS 102)). I have uts concern5 and have corne across no oiher Jnatters in conuection iyith the exwninatioll lo which attention should be drawn in th[5 report in order to enable a proper understanding of the accounts to be reached. Hazel M Day Bsc FCA DChA XeiDadin Nightingale House 46-48 East Street Epsoin Surrey KT17 IHQ Date.. Page 5
NEW LifiE CHURCH DORKING Stateiiient ofFinAneial Activities for the year ended 31 March 2024 2024 Total funds 2023 Total funds Unr¢stricled fund Restricted nd Notes IIICOME, AND EDU)OWMfNTS FROM Donations and legacies 77,639 77,639 85,280 tnvestru¢nt incom¢ 417 417 137 Total 78,056 EXPENDITURE ON Charitable activffttles Donations Youth Work Evcnls & Projects SudaY and Premises Costs TTainillg Staff costs Admin costs 5,870 321 2,228 8,832 1,867 47,883 11,364 5,870 321 2,228 8,832 1,867 47,883 11.364 9.086 477 4,536 13,285 47,886 5.197 Other 217 217 32 Total NET ]NCOMEI(EXPENDITURE) (526) (526} 4,807 RECONCILIATION or Fuf4DS Total ndS brought forward 321,671 321,671 316,864 TOTAL FUNDS CARRIED FORWARD 321 145 321,145 321671 The notes forn] part of these flnancial stateinents Page 6
NEW LtFE CHURCH DOIiKING (REGISTERED NUMBER: 078359I4) JJalAnee Sheet 31 MAreh 2024 2024 Total funds 2023 Total funds Unr¢5triGl¢d fund Restricted fulld Notes FIXED ASSETS Tallgtble assets 281,751 281,751 281,228 CURRENT ASSKTS Debtors Cash al bank 10 19,806 19,806 15,048 41,605 41.605 42.623 CREDITORS Amounts falling due ivithin one year {2,211) (2,211) (2.180) NET CURRENT ASSETS 40,443 TOTAL ASSETS LESS CURRENT LL4BILITIES 321.145 321,145 321,671 NET ASSEI TS 321,145 321 145 321671 FUNDS Unrestricted fvnds 12 321145 321671 TOTAL Fuf4DS 321.145 32L 671 The charitsbl¢ eompany is enlilled lo exemplitsn from audit under Section 477 of the Companies Act 2006 for the year ¢nd¢d 31 Mar¢h 2024. The inembers have not required the comp8rty to obtain 2n audit of its fanCIal statements for the year ended 31 Marck 2024 in accordance ivith Section 476 of the Companies Act 2006. The trustees acknoivledgo their re$pon$ibiliti¢s for {a) ensuiing that the cbarilable ¢on]pany keeps ac¢ountillg records that comply iviih Sections 386 aud 387 of the CoinpaE]i¢s Act 2006 and Preparing finaticial statements ivhich give a t(ue alld fatr vieiv of the state of affairs of the ¢baritable cotnpany as at the end of each f1¢la] year and of ils butplus or d¢fi¢il for earh fancIal year in accoTdance with the requirements of SeLlions 394 and 395 and which oth¢Thvi5¢ ¢omply ivilh ihe requirements of the Conjpanies Act 2006 relatlng to r]Ranoial statem¢Dts, so far as applicabl¢ lo the charitable compgny. (b) These fmantial statements hay¢ b¢en prepared accordaTrce ivith tbe provisions applicable to charitable cojnpanies siibject to the sinall compgnies regime. The financial st&tein¢nls iY¢re appTov¢d by the Board of Trn5tees and authotised for issue on ..20 December 2024.. .. . and iY¢r¢ sign¢d on ils behalf by- P M Sutherland- Truste¢ The notes fomi part of these fmancial statements Page 7
NEW LIFE CFtURCH DORKING Notes to the Financial Statements for the year ended 31 March 2024 ACCOUNTING POLICIES BASIS OF PREPAIUNG THE FINANCIAL STATEMENTS The fmAncial statements of the charitsble company, whEch is a public benefit entity under FRS 102, have been prepaTed sn a¢¢ordonce witb the Charities SORP (T,R8 102) 'Accounting and R¢porting by ch3r1t1'. Statement of Recoi)llnended Practice applieable to chèritics preparing their aGrounts in accordance with the Financial Reporting StaDdard applic8blc in the IJK and Republic of tr¢land (FRS 1021 (effective l January 2019),, Financial Reporting Stattdard 102 'The Financi21 Reporting Standard applicable in the UK ad Republic of Ir¢laDd' and tbe Compatties Act 2006. The rtnancial stalemellls have been prepared under the historical Colt Convention. FINANCIAL REPORTING STANDARD 102- DUCED DISCLOSURE, EXEMPTIONS The charitable company has t8k¢n advantage of the folloi¥tng disclosure cxemption in preparing these fan¢1a1 statements, as pemi&tted by FRS 102 'The Financial RepDrting Standard applicable ill tILe UK and Republic of Ireland,: Ih¢ requirements of Section 7 Stat¢m¢Dt of Cash Flow5. CRITICAL ACCOUNTJNG JUDGEMENTS AND KEY SOURCES OF ESTIMATIOIY ur4CERTA1Tr4TY In the applic&ilion fo the ¢harity'S accounting policies, the trustees #Te required to make judgements, estimates and assuillptlQll 2bout the Carrying amount of assets and liabiliti¢s that are not readily apparent from other sources. Th¢ ¢stimat¢s aDd associated assumptions are based on historical experience and other factors tliat are considered to be relevant. Actual results inay differ from the5¢ estimates. The estinJate5 and underlying essumption are revieii'ed oll an ongoing basis. Revisions to accounling estiiDate5 are recognised in the period in ivhich the estitnale is Tevised iybere the r¢vision affects Ollly that pcriod, or in the period of the revision and future p¢riods iYheTe the revision affects both ¢urr¢llt and future periods. COME Income is re¢ognised iyhen the charity is legally eDlitl¢d lo it &fter any perfomiance conditions hAve been rnet, the aittounts can be measured reliably. and it is probably that income will be received. Cash donations are recognised on receipt. other donatioT]s are recognised once tbe charity hh5 been llotified of the donation, Unless perlomanc¢ Conditions require defeal of the atnount. Income tax re¢overable ill relation to donations receiv¢d und¢T Gift Aid or de¢d3 of covenant is recOlsed at the titne of the donation. Legacies are re¢ogni5¢d oll receipt or otberiyise if the diarity has be¢n notified of an impending distribution. Ibe amouThl is knoiv, and Te¢eipt is expected. If the amount is notknoivs, the legacy is treated as a contingeiil asset. EXPENDITURE Liabilitie5 are recognised as expendihjre ts soon as ihere is a legal or constru¢live obligation coinmitting the charity lo that expendithTe, it is probable that a transfer of econoinic bellefits iyill be required in settlement and the aOllt of the obliB8tIOD cJn be measured reliably. Expenditur¢ 15 accounted for on an accruals basls and has been elassified under headill8$ that aggTegate all cost related to the category. Where Costs cannot be directly attributed to parti¢ular headings they liave been alloc8ted to activities on a basis consistent with tbe llse of resources. TANC.IBLE FIXED ASSETS T80gble fixed assets are initially measured at ¢051 and subsequently measured at cost or valtIon, net of dcprccEation and any impairJnent10sses. Depreciation is recognised so tts lo ivrtt¢ off the cost or Yaluation of assets less ilieir regidual values over their iisefi]I lives on the folloiying base5'. Land and builditigs Fixttires & fittings Nil IO¥0 Page 8 continued...
NEW LIFE CItURCH DORKING Notes to the Trinancial Slatcments- eonlinued for the yeAr ellded 31 Marcb 2024 ACCOUNTING FOLICIES-. coDtinued TANGIBLE FIXED ASSETS The gain or loss arisiiig on the disposal of an asset is deterniitied as the diifcrcnce behveen the sale proceeds and the canying value of tbe asset, and is recogtjised in net incomelexpcnditurc for the year. TAXATION The charity 15 eXnpl from COTporalion on its cbaritable activities. FUND ACCOUNTING Unrestricted funds can be used ID accordance ivith the charltable objectiv¢s at the discretion of the trustees. Restri¢ted funds can only be u5td foT particular restricted purposes ivithin the objects of the ¢haTity. Restriclion8 arise iyhen speoificd by the dollor or iyhell funds are raised for particular restricted pury)oses. Further explanalion of tbe natUTe and pu4)ose of each fid is included in the notes to tlie financial statements. GOING CONCERN Al the tllue of approvitig th¢ fthan¢ial stslemenls, tbe truste¢$ bave a reasonable expectation thot the charity has adequate resour¢¢$ Its ¢olltinue in operational existence for tbe foreseeable future. Thus the tNstees continue to adopt the going ¢on¢ern basi5 of aoUntIng til prepping the fmancial statements. INVESTMENT INCOME 2024 2023 Deposit accollnt interest 417 137 CHARITABLE ACTIVITIES COSTS Support Costs (see note 4) Direct Costs Totals DonRtioJ]s Youtli Work Event% & Projects Sunday and Premises Costs Training Staff cost5 Admin costs 5.870 321 2,228 8,832 1,867 5,870 321 2,228 8,832 1,867 47,883 47,883 690 Pag¢ 9 ontinued...
NEW LIFE CHURCH DORKING Notes to tlie Financial State¢15- Colltirjued for Ilie year ended 31 March 2024 SUPPORT COSTS Govemat)ce costs Finance Other Totals Staff costs Admin costs 47.883 47,883 60 60 f4ET INCOlv1(EXFBNDITUREj Nel in¢¢/(expenditt1rtj is stated after ch&rgingl(crediling}-. 2024 2023 Depreciation- owned assets 216 32 TRUSTEES, REftrIUNF.RATION AND BENEFITS During the year Mr P Sutherland iva8 paid £32,000 (2023., £32,000) for ivork cajyied ollt by hlln for the ¢haTity. TRUSTEfi Sl EXPENSEI S Expenses loL2lling £8,380 (2023: £5,689) was reunbursed to 2 (2023.- 2) tTU51¢¢s in respect of costs incurred by them on beh21f of tbe Charity. The majority of these ivere 1cUrr¢d through pre.booking and equipinent for the hvo sulllmer cainp5. STAFF COSTS The average inonthly nUber of employ¢¢5 duTing tbe year iyas as folloivs.. 2024 2023 Chur¢h No einployees received emoluinents in excess of £60.000. COMPARATIVES FOR THE STATEMENT OF FINANcL ACTIVITJES Unrestrieted fund Rcstri¢ted lld Total nds INCOME AND ENDOWIVIENTS FROM Donations and legacies 85,280 85,280 Investjnent incole 137 137 TotAI 85,417 FXPF.NDITi)RE ON Charitable aetlvltlts Donations Youth Work Events & Projects Sunday and Premfftses Costs Training Staff cost& Ad]nill costs 9,086 477 4,536 13,285 9,086 477 4,536 13.285 47,886 5,197 47,886 5,197 Page 10 conli]iu¢d...
NEW LIFE cifuRCH DORKING Notes to the Flnahci81 Statements- continued for the yexr ended 31 Marcli 2024 COMPARATtVKS FOR THE sTATELENT OF FINANCIAL AcfiviTIES- eontlnued Unrestricted Restricted fijnd fijnd Total fimds Other 32 32 Total 80,610 flET INCOME 4,807 4,807 RECONCILIATION OF FUNDS Total fiuTrds brought fonvard 316,864 316.864 TOTAL FUNDS CARIUED FORWARD 321671 321671 TANGtBLE FIXED ASSETS Fixtwes Freehold property Computer equipment rittings Totals cosi. At l April 2023 Additions 280,000 1,260 281.260 739 739 At 31 March 2024 280 000 739 281999 DEPRECIA TION At l April 2023 Charg¢ for year 32 31 32 216 185 Al 31 March 2024 63 185 248 NET BOOK VALUE Al 31 March 2024 280 000 554 281751 At 31 March 2023 281.228 io. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Olh¢r d¢blors Pr¢payments 14,802 5,004 13,060 Pagell Continued...
NEW LIFE CHURCH DORKING Note5 to the Financial Statements- eontinued for th¢ year ended JI Mareh 2024 ii. CREDITORS: AMOUNTS FALLING DUE THllN ONE YEAR 2024 2023 Trade cr¢ditors Social 5Ecurity and other taxes other rreditois Accrned expenses 56 526 243 1,386 56 561 243 12. MOVKMEfu IN FUf4DS Net ]novement . n fidS At 31.3.24 At 1.4.23 Unrestricted fullds General fLd 321.671 (526) 321,14S TOTAL FUNDS 321671 526 321,145 Net movejnent in fvnds, iDclud¢d in the above are as follows.. Incoming re$our¢es Resowces expended MoveJneDt in fiEnds IlTrre5triet¢d fuiids General fijnd 78,056 (78,582) (526) TOTAL FUTrIDS 78 582) 526 Compai?tlves for moyemellt in funds Net movement i]1 fijnds At 31.3.23 At 1.4.22 Ullreslriclcd fund$ General fid 316.864 4.807 321.671 TOTAL FUNDS 316864 321671 Page 12 continued...
NEW LIFE CHURCH DORKING Notes to the Financial Slalements eontlnued for the year ended 31 Mareh 2024 12. MOVEMENT IN FUNDS- continued Comparativo net Inovement in fimds, included in th¢ above are as folloivs: [ncOmllg resource5 Resources expended Movement in fiTrnds Unrestrieted fullds GenerAI fund 85,417 (80,610) 4.807 TOTAL FUNDS 85,417 80610) J3. RELATED PARTY DISCLOSURES There iyere no related paty tratssactions for tlke year ended 31 March 2024. Page 13