OpenCharities

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

2024-12-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

SOUTHALL BAPTIST CHURCH

CHARITY REGISTRATION NUMBER 1147013

Independent Examiners Ltd The Grain Store Hills Barns Apple dram Lane South Chichester PO20 7EG

1

SOUTHALL BAPTIST CHURCH

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

Page
Legal and Administrative Information 3
Trustees' Report 4 to 5
Independent Examiner's Report on the Accounts 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9 to 14

2

SOUTHALL BAPTIST CHURCH

LEGAL AND ADMINISTRATIVE INFORMATION CHARITY NUMBER 1147013 START OF FINANCIAL YEAR 01 January 2024 END OF FINANCIAL YEAR 31 December 2024 TRUSTEES AT 31 DECEMBER 2024 Christine Streets David Streets Douglas Rundell Lal Masih Susan Welch ELDERS David Streets James Park Lal Masih DEACONS Douglas Rundell Paul Pervez Shaleem Asghar Simro Sidhu - Resigned 30.11.25 Sergio Bragga Alberio Vieira Susan Welch Parveen Aneel - Resigned 30.11.25 The Trustees are appointed by church members at an annual church meeting. GOVERNING INSTRUMENT The church is governed by its own constitution and rules as approved at the church members' meeting. REGISTRATION DATE 25th April 2012 OBJECTS The principal purpose of the church is the advancement of the Christian Faith according to the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world. The Church exists to proclaim the Christian faith and to serve the local community through its work and witness. Its purpose is to turn people into fully devoted followers of Jesus Christ. CORRESPONDENCE ADDRESS Mrs Christine Streets Southall Baptist Church 14 Western Road Southall Middlesex UB2 5DS PRIMARY BANKERS Barclays Bank Plc Southall Branch Hounslow INDEPENDENT EXAMINER K Gomes FCIE Independent Examiners Ltd The Grain Store Hills Barns Appledram lane South Chichester PO20 7EG

The Trustees are appointed by church members at an annual church meeting.

3

SOUTHALL BAPTIST CHURCH

TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024

OBJECTS AND ACTIVITIES

The church is fully open and we continue to stream the weekly service by You Tube and a mid-week meeting continues to take place on Zoom. Church meetings have been held bi-monthly. Members continue to give online and also have the opportunity to use a card machine together with cash. Members that are without digital communication have been contacted by telephone and post including a monthly church letter. People have visited the elderly and infirm where they can on a regular basis. Pastoral care of the local congregations has been carried out by the local pastors and elders. Our Homeless ministry and Senior Citizens ministry continue to run.

The Sunday morning services are normally conducted in English. Other congregations which come under the umbrella of Southall Baptist Church are carried out mainly in their mother tongues of Punjabi/Urdu/Portuguese/Lingala/Kachin.

Being aware of the Commissions guidance on public benefit and in particular the specific guidance on Charities for the advancement of religion people are encouraged to live out their faith by taking part in worship and prayer learning about the Gospel and developing their knowledge and trust in Jesus.

WORSHIP AND PRAYER

Prayer groups are normally available throughout the week giving people the opportunity for quiet times sometimes online.

As of 31 December 2024, there were 241 church members. These numbers would not necessarily reflect the true attendance at services as these are also attended by non-members.

We carry out dedication services for new-born children and adult baptism by immersion following a person becoming a Christian. We are licensed to register Marriages and Blessing of Marriages (following Registry Office weddings). Funeral services for members of the church family and the community are also taken.

CHURCH

Finally the sale of Hammond Road was completed in August thus releasing funds to replace the main church roof and ensure funds are available for future building works. The church received a net figure of £209,050.80 which is kept on deposit with the London Baptist Property Board.

PASTORAL CARE

A Seniors Group runs two mornings a week in the building together with café facilities. This serves the local community. Fixtures and fitments for this are the responsibility of the church. Fire, Health and Safety regulations are complied with. We also carry out meetings for refugees placed in local hotels.

Sunday school operates each week but with much smaller numbers.

MISSION AND EVANGELISM

The church has a sponsorship licence Tier 2 Minister of Religion from the UK Border Agency. The ethnic diversity of the church enriches church life.

FINANCE

Total receipts of unrestricted funds were £240,871 and the total receipts of restricted funds were £63,840 these were gifts for specific purposes. We carried forward the total funds of £418,620,Unrestricted £396,379 and Restricted £22,241.

Giving continues to be made through online banking and weekly offerings. We have also commenced the weekly use of online payments by using SumuUp machines. The accounts are balanced each month.

The Payroll consists of 5 pastors/workers, one of which is funded through their own congregation giving and passing through the account of Southall Baptist Church. Tax, National Insurance Contributions and Employers National Insurance Contributions were paid through Southall Baptist Church. Two pastors are enrolled on the NEST pension scheme.

4

soirrHALL BAPTisf CHURCH TRusfEES' REPORT Continuéd FOR THE YEAR ENDED 31sr DECEMBER 2024 The building of the former Baptist Churth at Harniondsworth remaKns under the umbrella of Southall Baptist Churth. The church property at 25 filney Road Is let to a thtjrch fambly. a5 is a flat at the rear of the churth. All ncome and payments for the latter two prDpertie5 are passed through the ChuTch Rent Account. GOVER14ANCE The churth is a member of the London Baptist Asso(3abon. The Baptist Union of G￿0t 8tritain and The Evangellcal Alliantr. Le6ders and trustees of the rnain thurch have met on a regular basis to deal with pastoral and aoministration matters. Meetings a150 ijeal with the seeking and callin9 of o new minister. The moderator meets wbth the elders on a monthly basÉs and visits the church every three month5. RISK ASSESSMENT The trustÈe5, elders and deacons acbvely review the major risks whith the d)ar4ty faces on a annual basis and believe that maintsining the free reserves stated. combined with the annual review of the controls over key financial systems carried out on an annual basis will provide suffiaent ￿sourceS In the event of adverse conditions. The trustees, elders ant1 Oeacons have also examined other operdtlonal and bu5ine55 llsk5 whith they face and confirm that they have establlshed systems to rn￿gate the slgnificant risks. RESERVES POLICY The tsustees. elder5 and deacons have conslt1ered the level of Te5erves they wish to retain. appropriate to the charity's needs. ThSs Is based on the charity's Size and the level of finanaal commltsnents held. The trustees, elders and deacon5 aim to en$￿￿ the charity will be able to continue to fulfil its charitable objertive5 even if there Is a temporary shortPdll in income or unexperted expenditure. The tnjstees, elders and deacons will endeavour not to set aside fvnds unnec£￿IllY. Trustees, Responsibilities The Charitles Act 2022 requsres the trustees to prepare finanaal statements for each financial year which presents a tnje and fair view Df the state of affairs of the ￿arity and of the surplus of the Charity for that period. In preparing those financial siatements the trustees are r4uiréd to.. i) Selett sultable accounting policies an¢J apply them conslstentty 11) Make judgements and e5ttmates that are reasonable and pnjdent ill) Prepare finanoal sratements on the going concern basis unless It Is Inappropriate to presume that the trust will contr.nue in existence. The Trustee5 are ￿pOnSible for keeping proper accounting retords, v¥hich disclose with reasonable acujracy at any tlme the financial position of the ￿arity. They are also responsible for safeguarding the assets of the Chartty and hence for taklng reasonable steps for the prevenvon and deteLtion of fraud and other Irregularities. I approve the attached statement of financial activities and balance sheet and confimi that I have made available all inforrnation ne￿SSary for its p￿pardtiorl. Approved by the Trnstees on.. Signed on their behalf by TnISt￿ ........ Printed Name.. JAL'I L) S76IL-L T%.

SOUTHALL BAPTIST CHURCH

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2024 which are set out on pages 7 to 14.

Respective responsibilities of trustees and examiner

As the charity’s trustees of Southhall Baptist Church are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2022 (‘the Act’).

I report in respect of my examination of Southhall Baptist Church accounts carried out under section 145 of the 2022 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since Southhall Baptist Church gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2022 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Charity Independent Examiners, which is one of the listed bodies.

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

  1. accounting records were not kept in respect of Southall Baptist Church as required by section 130 of the Act; or

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

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Signed :

Date : 28.10.2025

K Gomes FCIE,MAAT Independent Examiners Ltd The Grain Store Hills Barns Appledram lane South Chichester PO20 7EG

6

SOUTHALL BAPTIST CHURCH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024

Notes
INCOMING RESOURCES
Donations & Legacies
3a
Investment Income
3b
Charitable Activities
3c
TOTAL INCOMING RESOURCES
PAYMENTS
Costs of Charitable Activities
4a
Costs of Generating Funds
4b
NET INCOMING/(OUTGOING) RESOURCES
Balances Brought Forward
BALANCES CARRIED FORWARD
RESOURCES EXPENDED
TRANSFERS BETWEEN FUNDS
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
237,054
63,840
300,894
98,083
1,000
-
1,000
13,200
2,817
-
2,817
36
240,871
63,840
304,711
111,319
34,417
61,190
95,607
94,001
44,976
-
44,976
48,187
79,393
61,190
140,583
142,188
161,478
2,650
164,128
(30,869)
-
-
-
-
161,478
2,650
164,128
(30,869)
234,901
19,591
254,492
285,360
396,379
22,241
418,620
254,491

Movements on all reserves and all recognised gains and losses are shown above. All the organisation's operations are classed as continuing.

The notes form part of these financial statements, found on pages9 to 14

7

SOiIThALL BAmsr CHURCH BALANCE SHEEr AS AT 31 DECEMBER 2024 Unrestricted Restsl(ted Fun Fund Total Total 31-Deca24 31-Dets23 A55ets Tangible Assets Investrrtent Assets Notes 185,800 185,800 185.800 185 800 185 800 185 800 Current Assets Debtors & Prepayments Cash at bank and in hand 12,447 199,632 12,447 221,873 12,447 57,654 22.241 Total Current Assets 212,079 22.241 234.320 70,101 Credltors: amounts fallin9 due within one year NET CURRENT ASSErs 1.500 1.500 1,410 210.579 22,241 232,820 68,691 TOTAL ASSETS less current 396,379 22,241 418,620 254N91 Credltors: amounts falling due In rn0￿ than io NET ASSETS 396.379 22.241 418.620 254.491 FUNDS OF THE CHARrrY General Funds Res￿tte￿ funds 396.379 396,379 22.241 234,901 19,591 22.241 TOTAL FUNDS 396.379 22,241 418.620 254,493 Trust•es Ragponslbllltles The Charities Act 2022 ￿qUireS the Trustees to prepa￿ ststements fr)r eath finanaal year which give a tnje and fair VIÈW of the state of afftdirs of the Trust and of the surplus of the Tnjst for that year. In p￿parIng those financial Stateme[￿ the Trustees are required to:_ Select suitable accounting policies and apply them consistently Make judgements and esty"mates that a￿ reasonable and prudent Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue In existen￿. The Trustees are responsible for keeping proper accounting recortls, which disdose with reasonable accuracy at anv time the finanaal position of the Trust and her)tr for taknng teasonable steps for the p￿VentiOn and deteclion of fraud and othèr irregularities. The flnandal statements were approved. authorised an¢J slgned on their behalf by.. Approved by the Trustees on . Slgned on thelr behalf by Trustee ...l............ .............. Print Name- .0..4q.." ,.?....S.TliLL Y S

SOUTHALL BAPTIST CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

1. ACCOUNTING POLICIES

a) Basis of Preparation

The financial statements have been prepared on the historical cost convention (as modified to include the revaluation of investments) in accordance with the Charities Act 2011, Statement of Recommended Practice - "Accounting and Reporting by Charities" (SORP 2015), applicable accounting standards. The accounts have been prepared on a going concern basis. The charity meets the definition of a public benefit entity under FRS 102, and being a small charity has claimed exemption under Section 1a not to prepare a cash flow statement.

b) Donations are accounted for gross when received.

c) Legacies

Legacies are accounted for when their receipt is certain and can be properly quantified.

d) Investment Income

Investment income is included in the accounts in the year it is receivable.

e) Fund Raising and Publicity Costs

The church does not make formal appeals for funds, and expenditure on these items is therefore not material.

f) Grants Payable

The church makes grants to other organisations whose charitable objects complement its work. They are accounted for in the year in which they are paid.

g) Governance Costs

This represents direct expenditure on the governance of the church. Most of the management is carried out without charge by volunteers. This intangible cost is not included in the Statement of Financial Activities since there is no measurable cost to volunteers for their service.

h) Fixed Assets

The church premises are included in the balance sheet at Insurance value because reliable cost information is not available, and valuation would incur significant costs which would be onerous compared with the additional benefit gained by the user of the accounts.

Furniture and Equipment in the church premises is included at cost or net realisable value.

i) Depreciation

Depreciation has not been charged on the Church or Manse premises, because in the opinion of the Trustees, the residual value of the asset is not less than the original cost price.

Depreciation on other fixed assets are calculated to write off the cost on a reducing balance basis over their expected useful life, at the following rates:

Equipment

25%

j) Investment Assets

Quoted investments are stated at market value. All other investment assets are shown at cost price

k) Changes in Accounting policies and previous accounts

There has been no change to the accounting policies (variation rules and methods of accounting) since last year, and no changes to the previous accounts.

9

SOUTHALL BAPTIST CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024

2. TANGIBLE FIXED ASSETS

Additions
Cost
At 1 January 2024
At 31 December 2024
Accumulated Depreciation
At 1 January 2024
Charge for the Year
At 31 December 2024
Net Book Value
At 31 December 2024
At 31 December 2023
Buildings
Equipment
45657
£
£
£
185,800
33,549
219,349
-
-
-
185,800
33,549
219,349
-
33,549
33,549
-
-
-
-
33,549
33,549
185,800
-
185,800
185,800
-
185,800

All fixed assets are used for the direct charitable purposes. Some of the furniture, computers and equipment is used both for direct charitable purposes and the management and administration of the church. The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31 December 2024 : none, 31 December 2023 : none.

3. INCOMING RESOURCES
Note
b) Investment Income
C) Charitable Activities
Unrestricted Gift Aid BGC
Restricted Income:
Subsidiary Accounts
Grants from council
Interest Received
Building Fund
Earmarked Accounts
a) Donations & Legacies
General Offerings and Donations
Sundry Offerings
Other Churches
Rental Income
Sale of Property
Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
29,429
-
29,429
26,567
13,825
-
13,825
3,656
29,754
-
29,754
29,624
164,046
-
164,046
-
-
45,950
45,950
350
-
10,401
10,401
16,594
-
4,800
4,800
8,850
-
2,689
2,689
8,442
-
-
-
4,000
237,054
63,840
300,894
98,083
2,817
2,817
36
2,817
-
2,817
36
1,000
1,000
13,200
1,000
-
1,000
13,200

10

SOUTHALL BAPTIST CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024

4. RESOURCES EXPENDED
Note
Note
a) Charitable Activities
Bank Charges
Bedfont
Catering
Cleaning
Speakers
Rent:
Council Tax
Property Expenses (Tilney Rd/Flat)
Barclaycard
Fabric
Gifts
Other Churches
Insurance
Mission
Office
Professional Fees
b) Cost of Generating Funds
Sundry Expenditure
Telephone
Utilities:
Gas
Electric
Water
Wages & Salaries
Home Mission Fund & Baptist Missionary Society
Building Fund
Earmarked Accounts
Other Churches
Subsidiary Accounts
Independent Examiner Fee
Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
550
-
550
483
-
-
-
432
2,916
-
2,916
3,318
1,451
-
1,451
1,598
8,226
-
8,226
3,798
-
-
-
978
3,831
-
3,831
36,184
1,800
-
1,800
1,800
3,192
-
3,192
2,671
3,189
-
3,189
3,241
826
-
826
541
-
-
-
560
1,292
-
1,292
894
-
894
1,220
-
-
-
5,967
-
41,722
41,722
-
11,257
11,257
14,676
-
5,734
5,734
4,131
-
2,478
2,478
5,136
1,500
-
1,500
1,260
4,750
-
4,750
6,007
34,417
61,190
95,607
94,001
Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
4,585
-
4,585
2,510
755
-
755
928
1,217
-
1,217
-
6,326
-
6,326
3,541
4,227
-
4,227
9,397
1,497
-
1,497
1,306
26,369
-
26,369
30,505
44,976
-
44,976
48,187

11

SOUTHALL BAPTIST CHURCH

NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

5. RESTRICTED FUNDS

CURRENT FINANCIAL YEAR

Asian Convention/Glory TV
Turkey
Worship
Other Churches
Subsidiary Accounts
B M S
Love in Action
Building Fund
Cards
Feeding the Homeless
Transport
Fruits
Funeral & Seed
Harlesden Church
Harmondsworth
Kim
Loan (originally £1,500)
Loan to Airport Church-
ROPE (GA)
Seniors
Spurgeon's/Tearfund
Sunday School/Youth
Balance
Balance
01-Jan-24
Income
Expenditure
Transfer
31-Dec-24
£
£
£
£
350
45,950
(41,722)
-
4,579
214
-
-
-
214
1,029
430
(200)
-
1,259
1,771
400
(1,459)
-
712
50
10
-
-
60
83
-
-
-
83
1,523
-
-
-
1,523
(40)
15
-
-
(25)
(2,800)
600
-
-
(2,200)
(946)
432
-
-
(514)
50
-
-
-
50
4,173
7,819
(9,598)
-
2,394
-
695
-
-
695
1,228
-
-
-
1,228
200
-
-
-
200
20
-
-
-
20
80
-
-
-
80
6,635
10,401
(11,257)
-
5,779
7,057
4,800
(5,734)
6,123
(555)
295
-
(260)
6,104
2,394
(2,478)
6,021
5,549
2,689
(2,478)
5,761
19,591
63,840
(61,190)
22,241

12

SOUTHALL BAPTIST CHURCH

NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

PREVIOUS FINANCIAL YEAR

ROPE (GA)
Seniors
Spurgeon's/Tearfund
Sunday School/Youth
Transport
Turkey
Worship
Feeding the Homeless
Fruits
Funeral & Seed
Harlesden Church
Kenya
Kim
Loan (originally £1,500)
Loan to Airport Church-Bedfont
Asian Convention/Glory TV
Building Fund
Cards
-
New Key Deposit (DF)
Other Churches
Harmondsworth
Subsidiary Accounts
B M S
Love in Action
Balance
Balance
01-Jan-23
Income
Expenditure
Transfer
31-Dec-23
£
£
£
£
-
350
-
-
350
204
10
-
-
214
969
60
-
-
1,029
2,558
400
(1,187)
-
1,771
-
50
-
-
50
83
-
-
-
83
1,523
-
-
-
1,523
50
-
(50)
-
-
-
50
(90)
-
(40)
(2,800)
-
-
-
(2,800)
(810)
-
(136)
-
(946)
-
-
-
-
-
50
-
-
-
50
1,354
13,011
(10,192)
-
4,173
-
120
(120)
-
-
1,256
62
(90)
-
1,228
200
-
-
-
200
-
2,830
(2,810)
-
20
80
-
-
-
80
-
4,717
16,594
(14,676)
-
6,635
6,388
4,800
(4,131)
-
7,057
353
580
(1,488)
(555)
1,891
7,862
(3,649)
6,104
2,244
8,442
(5,138)
-
5,549
13,349
30,186
(23,943)
-
19,591

6. INVESTMENTS

The Charity held no investment assets during this or the previous financial period.

7. CASH AT BANK AND IN HAND

Cash at Bank
8. DEBTORS AND PREPAYMENTS
Gift Aid Accrual
London Baptist Property Board
Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
32,918
22,241
55,159
57,654
166,714
-
166,714
-
199,632
22,241
221,873
57,654
Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
12,447
-
12,447
12,447
12,447
-
12,447
12,447

13

SOUTHALL BAPTIST CHURCH

NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

9. CREDITORS AND ACCRUALS AMOUNTS FALLING DUE WITHIN ONE YEAR

Independent Examination Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
1,500
-
1,500
1,410
1,500
-
1,500
1,410

10. CREDITORS AND ACCRUALS AMOUNTS FALLING DUE IN MORE THAN ONE YEAR

The Charity held no long term liabilities during this or the previous financial period.

11. STAFF COSTS AND NUMBERS

11. STAFF COSTS AND NUMBERS
TOTAL TOTAL
2024 2023
£ £
Gross Wages & Salaries 25,597 29,834
Employer's National Insurance Costs - -
Pension Contributions 772 772
26,369 30,606
Average number of employees who were engaged in each of the following activities:
TOTAL TOTAL
2024 2023
Charitable Activities 5 6

The church operates a PAYE scheme to pay all employed members of staff. The average number of staff employed was 5 over 2024 (2023:6) and no employees received emoluments in excess of £60,000.

The Payroll consists of 5 pastors/workers, one of which is funded through their own congregation giving and passing through the account of Southall Baptist Church. Tax, National Insurance Contributions and Employers National Insurance Contributions were paid through Southall Baptist Church. Two pastors are enrolled on the NEST pension

12. TRUSTEES AND OTHER RELATED PARTIES

Custodian Trustees

The custodian trustee of the church is the Baptist Union Corporation Limited which is a registered charity (number: 249635), and which is controlled by the Baptist Union Council. The church is also a member of the Baptist Union of Great Britain, and the London Baptist Association.

No payments were made to the custodian trustees or any persons/organisations connected with them during this financial period. No material transaction took place between the charity and the custodian trustee or any person/organisation connected with them.

Ministers , Elders and Deacons

No payments were made to Ministers, Elders, Deacons or any persons connected with them during this financial period. No material transaction took place between the charity and a ministers, elders, deacons or any person connected with them.

No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them. (2023 - None)

14