Company registration number.. 07817840 Charity registration number.. 1146645 Haregate Community Centre (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 January 2025 Daryl Denson ACMA VAST The Dudson Centre Hope Street Hanley STI 5DD
Haregate Community Centre Contents Reference and AdministratAv¢ Details Trustees Report (incorporating the Directors, Report 2to6 Independent Examinevs Report Staternent of Financial Activities 8t09 Balan¢e Sheet io Notes to the Financial Ststements Ilto21
Haregate Community Centre Reference and Adn]inistrative Details Trustees M A Lovatt J E Belfield D A Bl(ior K T Hurst T James-Bourne BMBall Charity Regi5tr#tion Number 1146645 Company Registration Number 07817840 The charlty is incoryorated in England. 46 Queens Drive Leek Staffordshire Registered Offiee ST13 6DJ Indepèndent Examiner Daryl Denson ACMA VAST The Dudson Centre Hope Street Hanley STI 5DD Page I
Haregate Community Centre Trustees Report (incorporating the Directors, Report The trusfres, who are directors for the purposes of company law, present the annual report together with the financial ststements and auditors, report of the charitsble company for the year ended 31 January 2025. Trustees and officers The trustees and officers serving during the year and since the year end were as follows: TTUSte¢s'. M A Lovatt JE Belfield D A Bloor K T Hurst T James-Bourne S K Famell (resigned 26 March 2025) B M Ball (appointed 21 February 2024) Objeetives and *etivities ObJe¢ts ond dln To benefit the residents of The Haregate area of Leek (stsffordshire) and surrounding areas, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and local authorities, voluntary and other organisations in Common effort to advance education and to provid'e facilities in the interests of social welfare for recreation leisur¢ time orcupation with the objective of improving the conditions of life for the residents. Page 2
Haregate Community Centre Trustees Report (incoryorating the Directors, Report Objedives, strategies and actlvltles We are a community venue, providing affordable afcilities to local community groups and charities. Our facilities ensure that services otherwise inaccessible to local residents are available on the doorstep. Haregate Community Centre also provides community development with the area making support accessible to both local r¢sidents and groups. Over the 2024-2025 period we hosted 89 individual groupslorganisations over a total of 820 booked sessions reating a f<tfall of 18.143. These figures include 18 wmmunity events including craft days, cookery day5, film afternoons and much Tnore. All events held at the commLmity centre continue lo be offered to local residents at little to no cost. Also included 24 childrens parties. The cafe at the centre continues to be popular within the community. It is utillsed by a number of local agencies including local police, housing agencies. financial support. cares support. moneywise support and mentsl health services to allow a drop in service for local residents. The cafe supplied 1.207 dinners over the 12 month period on top of the tivice weekly cafe provided snacks and breakfasts to local residents. The cafe continues to provide free breakfast to all Children who attaend. Througli 2024 the community cupboard project contiued to provide affordable or free health food and cupboard staples to lo¢al residents. Over the period from 2024-2025 we provided food to 2,855 people, this figure includes 1,186 bags of fresh fruit and v¢getsbles and a further 1.669 families MIng to the centre to access the donated overstock and short dated items. Our Community essentials PToject has supported 24 families over the year and continued strong working links with other partner organisations including social services and houslng support. Funds for the year have mainly com from room income and grants supporting the work we have been doing. Public benefit The tnteeS confimi that they have complied with the requiretnents of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Use of volunleers We continue to b¢ supported by a number of regular volunteers and those that come in for special ¢v¢nts and occasions. The cafe, cuplxTrard and essentials projects all continue to be 5UPPOrted by local volunteers, not only providing the centr¢ with much needed help but providing them with SlalIs1ng opportunites, opwirtunies for learning and developing new skills and encouraging community ownership of the community centre. This along with the volunteer board of trustees from the lo1 area ensures that we continue to be lolIY led and proactively acting to support local issues. Page 3
Haregate Community Centre Trustees Report (incorporating the Directors, Report Achi¢v¢m¢nts 4nd perfomance Providing support to individuals including.. access to online services. support on transport issues. - benefits SIgnSting as appropriate including liaison with local statutory bodies. liaising with other groups, organisations and statutory bodies to provide a joined up approach to local support package5. - Collection and distribution of birthday and Chrislmas presents to local children and adult that would otherwise not receive gifts. - provtding a wam and safe space to those that need it. - forni filling support. - CV and job search support. signposting to relevant 5pecia]ist support. printing and design. - mediation and advocacy. Provision of support to Iwal residents in regards to healthy eating and lifestyle choices Continuation of community cupboard project and keeping th¢ cost to the £3 now with the support of Leek Food Bank. - Free breakfast provision for local children through the community cafe project. - Preparation and distribution of104 three course Christmas dinners. Encouraging exercise with signposted walks around the area and signposted treasure hunts and qui72es for families. Provision of a number of cookery sessions for famil¢s, encourdging s¢ratch Cooking. trying new foods and enjoyment of Cooking. Mental h¢alth support Being a listening and supportive presence for anyone wishing to access independent and non-judgemental support. Signposting to mentsl health prof¢ssionals. - Providing a safe and welcoming environment for the return of m¢ntsl health support groups. - Providing a safe and welcoming environment for social activities to recommenc¢. Physical health Our kitchen facilities are used by a number of people with physical challenges who gain enorn]ous amount of independen¢e by being supported to provide good food for themselves. Support for user groups - Provision of advice ans support to groups using the centre on funding and development oppotunities. Equally important is the provision of an extensive support team for the groups. Supported numerous new volunteers within the centre and other groups. - support of new start up groups and ideas within the community. Finaneial revie)v Polio on reserves The charity aims to hav¢ three months nmning costs of the centre in hand. This is at times a challenge but we are finacially stable and T¢view monthy financial activity to ensure the ongoing viability of the ¢¢ntr¢. At the period end free reserves stood at £27,875 (2024: £38,276). Page 4
Haregate Community Centre Trustees Report (incorporating the Directors, Report The annual report was approved by the trustees of the charity on ......... signed on its behalf by: K T Hurst Trustee Page 6
Haregat¢ Community Celltre Independent Examiner's Report to the trustees of Haregate Community Centre ('the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2025. Responsibilities and basis of report As the charity's trustees of tbe 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 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not r¢quired 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 a¢¢ounts as carried out under section 145 of the Charlties Act 2011 ('the 2011 Ad,). In ¢aTrying my examination I have followed the Directions given by the Charity Commission under se¢tion 145(5)(b) of the 2011 Act. Independent ex4min¢r's statement I have completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of Haregate Community Centre 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 other than any requArement that the accounts giv¢ a 'truc and fair view, which is nol a matter considered as part of an independent examination,. or 4. thc accounts havc not been prepared in accordance 'with the methodg 2nd principles of the Ststement of Recommended Practice for accounting and reporting by charities [applicable to ¢hariti¢s 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 ¢ome a¢ross no other matters in Connection with the examination to which attention should be drdwn in this report in order to enable a proper understanding of the accounts to be reached. Daryl Den VAST Th¢ Dudson Centre Hope Street Hanley STI 5DD 3011012025 Date.. Page 7
Haregate Community Centre Statement of Financial Activities for the Year Ended 31 January 2025 (Ineluding Income and Expenditure Account and Ststement of Total Recognised Gains and Losses) Totsl 2025 Unrestricted Note Income ind Endowments from: Donations and legacies Charitable activities Other trading activities Other income 22,644 21,891 19,711 13,511 22,644 21,891 19,711 13,511 Totsl Income 77,757 77,757 Expenditure on: Raising fimds Charitable activities {3,718) (84,439 (3,718) {84.439 Total Expenditure (88,157) (88,157) Net expenditure (10,400 10,400 Net movement in funds (10,400) (10,400) Reconciliation of tsnds Total filnds brought forward Total funds carried forward 38,275 38275 18 27.875 27,875 The notes on pages l I to 21 fomi an 1ftt¢ part of the5¢ finan¢ial statements. Page 8
Haregate Community Centre Trustees Report (ineorporating the Directorsl Report Principolfunding sources Our main source of income is through room hire although we are still financially supported by the local district ¢ouncil. Another major source of income is the community cupbaord and cafe which is run by volunteers supported by staff and is generating room hire payments for two days a week which would not otherwis be generated. All our income is used to Support local initiatives and individuals once our running cost have bcen paid. The building is provided for a peppercorn rent by Your Housing. InveslpnenÉpolicy objÉcliv This orgnisation does not make investments. Disclosure of information to auditor Ea¢h trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit inforniation and to establish that the ¢harity'S auditor is aware of that inforn]ation. The trustees confjnn that there is no relevant infonnation that they know of and of whi¢h they know the auditor is unaware. Struetiirej governance and management Nature ofgoverning document The charity is a company limited by guarantee and registered charity. It is operdted under the njles of its memorandum and articles of association dated 20 February 2012. It has no share ¢apital and the liability of each member in the ¢vent of winding-up is limit¢d lo £1. Recruitment uppoinlment oflrustees An applicatiott fomi is given to anyone showing interest in becoming a trustee on the board who has at least 6 months volunteering time for either the centre or a group that Uses the facilitie5, this is then discussed by the board, successful applicants are invited to a meeting with the board to discuss the application before final d¢cision is mad¢. Organisational struclure We have a wide ranging portfolio of policies and procedures which are reviewed on a rolling basis by truslees at their monthly meetings. We work with a number of local statutory. voluntary and community organisations to share infornlation and to provide a mutual support network for th¢ benefit of our residents. Trnstees regularly discuss risk management and at the moment the centre is well used and financially viable. However, we are now in a position where our Gore funding from our local housing association has come to an end. To great extent this is being addr¢ssed by the sUesS of our wmmunity cupboard activity which is providing r¢gular income for room hire. Small eompanies provision statement This report has been prepared in ac¢ordan¢e with the small ¢ompanies regime under the Companies Act 2006. Page 5
Haregate Community Centre Statement of Financial Aetivities for the Year Ended 31 January 2025 (Including Income and Expenditure Aecount and Statement of Total Recognised Gains and Losses) Unrestricted funds To¢o1 2024 Not¢ Ineome and Endowments from: Donations and legacies Charitable activities Other trading a¢tivities Other income 26,232 26,381 1.737 12,494 26,232 26,381 1.737 12,494 Total income 66,844 66,844 Expenditure on: Raising funds Charitable activities (1.090) (73.024) (1.090) (73,024) Total expenditure (74,114) (74,114) Net expenditure (7,270) (7,270} Net movement in funds (7,270) (7270) Reconciliation of funds Total funds brought fon¥ard 45,546 45,546 Total fvnds carried forward 18 38,276 38,276 All of the charity's activities derive from continuing operations during the above two periods. The notes on pages I I to 21 forni an integral part of th¢ financial statements. Pag¢ 9
Haregate Community Centre (Registration number: 07817840) Balance Sheet as at 31 January 2025 2025 2024 Note Fixed assets Tangible assets 13 Current assets D¢biors Cash at bank and in hand 14 15 188 28,298 156 38,709 28,486 38,865 Creditors: Amounts falling due within one year 16 611 590 Net turrent assets 27,875 38.275 Net assets 27,875 38,276 Funds of the chArity: Unrestricted income funds Unrestricted funds 27,875 38.276 Total funds 18 27,875 38,276 For the financial year ending 31 January 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small ¢ompanies. Directors, responsibilities: The members hav¢ not required the charity to obtsin an audit of its accounts for the year in question in accordance with section 476. and The directors a¢knowledge their responsibilities for complying with th¢ requirements of the Act with respect to accounting records and the preparation of accounts. The financial statements on pages 8 to 21 were approved by the trustees, and authorised for issue on 1$116fQ*>.. and signed on their behalf by: K T Hurst Trustee The notes on pages I I to 21 forni an integral part of thes¢ financial Statements. Page 10
Haregate Community Centre Notes to the Financial Statements for the Year Ended 31 January 2025 I Charity ststus The chartty is limited by guarantee. in¢oTporated in England, and wnsequently does not hav¢ share capital. Each of the trustees is liable to ¢ontrAbute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. 2 A¢¢ounting policies Summary of significant accounting polieies and key accounting estim4tes The principal accounting policies applied in the preparation of these financial statements are set out below. These poli¢ies have been ¢onsistently applied to all the years presented, unless otherwise ststed. Statement of eompliAnce The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Sl*ment of Recommended Practice applicable to ¢harAties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019) - {Charitie5 SORP (FRS 102)), the Financial Reporting Standard appli¢abl¢ in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011. Basis of prep4ration Haregate Community C¢ntr¢ meets the definition of a public b¢n¢fit ¢n¢Aty und¢r FRS 102. Assets and liabilities are initially recognised at historical ¢ost or transaction value unless otherwise ststed in the relevant accounting policy notes. Going eon¢¢rn The trustees consider that there are no material uncertainlies about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect th¢ Carrying value of assets held by the Charity. Income and endowments All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably. Donalions andlegacie Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of perfornlance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either thos¢ conditions are fully mel or the fulfilment of those conditions As wholly within the control of the charity and it is probable that these nditions will be fulfilled in the reporting period. Grdftts réeeivable Grants are recognised when the charity has an entiilemenl to the funds and any conditions linked lo the grants have been mel. Where perfonnance conditions are attached to the grant and are yet to be met, the income is Tecognised as a liability and included on the balance.sh¢¢t as defeJTed income to be released. Pagell
Haregate Community Centre Notes to the Financial Statements for the Year Ended 31 January 2025 Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probabl¢ settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that catesory. Where costs cannot be directly attributed to particular headings thcy have been allocated on a basis consistent with the use of r¢sourccs, with central staff costs allocated on the basis of time spent. and d¢pre¢iation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Roisingfunds These are costs incurred in attractitvg voluntary income. the management of investment5 and those incued in trading activities that raise funds. Charitable udiviti Charilable expenditure comprises those costs incurred by the charlty in the delivery of its activities and services for its beneficiaries. It includes both costs that ¢an be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs These include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses. Government grants Government grants are recognised based on the accrual model and are tneasured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs recognised. Grants relating to assets are recognised over the expected use] life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income. Taxxtion The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charAtable company for UK cotporation tax purposes. Accordingly, the charity is potentially exempt from tsxation in respect of income or capltal gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such inwme or gains are applied exclusively to charAtsble purposes. Tangible fixed gssets Individual fixed assets costing £500 or more are initially recorded at cos¢ less any subsequent awumulated depreciation and subsequent accumulated impairnient losses. Deprecftation and amortisation Depreciation is provided on tangible fixed assets 80 as to write off the cost or valuation, less any ¢stimated residual value, over their expected useful economi¢ life as follows: Asset cl4ss Furniture & Fittings Equipment Depreeiation method and rite IOO/o Straight Line 20 /0 Straight Line Page 12
Haregate Community Centre Notes to the Financial Statements for the Year Ended 31 January 2025 Cash and cash equivalents Cash and cash equivalents Comprise cash on hand and call deposits. and other short-terni highly liqiiid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of ¢hange in value. Fund structure Unrestri¢ted income funds are general fimds that are available for use at the trust¢¢s discretion in furtherance of the objeGtiV¢s of the charity. Pension$ and other po$t retir¢ment obligations The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fimd and the charlty has no legal or constructive obligation to pay further contributions even if the thnd does not hold suffjcient assets to pay all employee5 the benefits relating to employee service in the current and prior periods. Contrlbutions to defined contribution plans are re¢ognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service. the excess is recognised as a prepayment. 3 In¢ome from donations #nd legacies Unrestrirted fuDds General Tolal 2025 Donations and legacies. Donations from individuals Grants, in¢luding ¢apitsl grants. Government grants 8,629 8,629 14,015 14.015 22,644 22,644 Unrestricted runds Genernl Total 2024 Donations and legacies. Donations from individuals Grants, including capital grants. Governmenl grants 13,232 13,232 13.000 13.000 26,232 26,232 Page 13
Haregate Community Centre Notes to the Financial Statemellts for the Year Ended 31 January 2025 4 Ineome from eharit#ble activities Unrestricted funds General Total 2025 Photocopying Charges Room Hire 286 21,605 286 21,605 21,891 21,891 Unrestrieted funds General Total 2024 Photocopying Charges Room Hire 26,376 26,376 26,381 26.381 5 Income from other trading aetivitits Unrestricted funds GentrAI Total 2025 Fundraising 19,711 19.711 19,711 19.711 Unrestricted fund5 Genergl Total 2024 Fundrdising 1,737 1,737 1.737 1.737 6 Otber income Unrestritted fund$ General Total 2025 Community cupboard income Other income 12,243 1,268 12.243 1,268 13.511 13,511 Page 14
Haregate Community Centre Notes to the FRnancial Statements for the Year Ended 31 January 2025 Unrestricted funds Generthl Total 2024 Community cupboard income 12,494 12,494 7 Expenditure OD raising fMnd$ a) Costs of trading activities Unrestrieted funds Gener41 Total 2025 Note Events 3.718 3.718 3,718 Unrestrieted funds General Totgl 2024 Note Events 1,090 1,090 1,090 1,090 Page 15
Haregate Community Centre Notes to the Financial Statements for the Year Ended 31 January 2025 8 Expendithre on charitable aetivities Activlty undertaken directly 2025 Wages Employers NI Payroll Fees Photocopy Costs Training Costs Computer Cost5 Profcssional Fees Stationery Utilities Postage and Phone R¢pairs and Services Sundry Expenses Independent Examination Community Cupboard Events Community Cafe Community Essentials Crafts cost Insurance 47.624 6,986 315 2,112 30 229 1.408 405 5,941 1,149 1,906 1,390 625 7,435 3.718 5,122 35 1,586 141 47,624 6,986 315 2,112 30 229 1,408 405 5,941 1,149 1,906 1,390 625 7.435 3,718 5.122 35 1.586 141 88,157 88,157 Page 16
Haregate Community Centre Notes to the Financial Statements for the Year Ended 31 January 2025 Artivity undertaken directly 2024 Wages Employers Nl Payroll Fees Pholocopy Costs Training Costs Computer Costs Professional Fees Stationery Utilities Postage and Phone Repairs and Services Depreciation Sundry Expenses Independent Examination Community Cupboard Events Community Cafe Community Essentia15 43,001 6.457 458 1,595 96 43.001 6,457 458 ,595 96 298 1,508 334 3,925 977 2,067 102 171 298 1,508 334 3,925 977 2,067 102 171 590 7,317 1,090 3,977 151 590 7.317 1,090 3,977 151 74,114 74.114 £88,157 (2024 - £74,114) of the above expendithre was attributable to unrestricted funds and £Nil (2024 - £Nil) to restricted funds. Page 17
Haregate Community Centre Notes to the Financial Statements for the Year Ended 31 January 2025 9 Analysis of governance support costs Raising fllnds expendilure Governance eosts Unrestrictsd funds Central Total 2025 Staff costs Pension costs Independent examlner fees Examination of the fanCial statements Legal fees 1,169 1,169 625 141 625 141 1,935 1,935 Unrestricted funds Gcner#l Total 2024 Independent examiner fees Examination of ihe financial st*ements 590 590 590 590 10 Government grants The following government grants were received during the period: Staffordshire Moorlands District Council- General rnnning Costs - £1 1,000 {2024: £10,500} Staffordshire County Counci l- General Nnning Costs - £nil (2024: £500) Sainsburys - General running costs - £nil {2024: £1,500} N¢ighbourly - Geneal nmning costs - £nil (2024: £500) Leek Building Socicty - £3,015 (2024= £nil) The amount of grants recognised in the financial statements was £14,015 (2024- £13.000). There were no unfulfilled conditions in relation to this grant. No other govenrn]ent assistance was received. 11 Trustees remuneration and expenses No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from th¢ ¢harAty during th¢ year. Page IS
Haregate Community Centre Notes to the Financial Statements for the Year Ended 31 January 2025 12 Staff ¢o$ts The aggregate payroll costs were as follows.. 2025 2024 Staff costs during the yer were: Wages and salaries Pension costs 53,441 1,169 49,458 54.610 49,458 The monthly average number of persons (including s¢nior manag¢m¢nt / leadership team) employed by the charity during the year expressed as full time equivalents was as follows.. 21)25 2024 Community Centre Staff No employee received emoluments of more than £60,000 during the year. 13 Tangible fixed assets Furniture and equipmènt Tot41 Cost At l February 2024 13,766 13,766 At 31 January 2025 13.766 13.766 Depreeition At l February 2024 Charge for the year 13,765 13,765 At 31 January 2025 13.766 13,766 Net book value At 31 January 2025 At 31 January 2024 14 Debtor5 2025 2024 Prepayments 188 156 Page 19
Haregate Community Centre Notes to the Finaneial Statements for the Year Ended 31 January 2025 15 Cash and c4sh equivalents 2025 2024 Cash on hand Cash at bank 944 27,354 1.709 37.000 28,298 38.709 16 Creditoys: amounts falling due within one year 2025 2024 A¢¢ruals 611 590 17 Pension and other s¢hemes Defined contribution pension scheme Th¢ charity operate5 a defined contribution pension scheme. The pension ¢ost charge for the year represents ntributions payable by tbe charity to the scheme and amounted to £1.169 (2024 - £Nil). 18 Funds Balance at I February 2024 Incoming resources Resources expended Balance at 31 Jgnuary 2025 Unrestricted funds General Generdl Fvnd 38.276 77,756 (88,157 27,875 Ba19nte at I Febrwary 2023 ncoming resources Resources expended Balance at 31 January Z024 Unrestrieted funds General General Fund 45,546 66,844 (74,114 38,276 Page 20
Haregate Community Centre Notes to the Financial Statements for the Year Ended 31 January 2025 19 Analysis of net assets between funds Unre$trieted fund$ General Total funds #t 31 JanuAry 2025 Current &8sets Current liabilities 28,486 1611) 27,875 28,486 (611) Total net assets 27,875 Unrestricted funds General Total funds at 31 January 2024 Tangible fixed assets CUent assets Current liabilities 38,865 1590) 38,865 (590) 38,276 Total nel assets 38,276 20 ReIated party transactions There were no related party transa¢tions in the year. Page21