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2022-10-31-accounts

REGISTERED CHARITY NUMBER: 1148548
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 October 2022

for

The Antony Boot Charitable Trust
Griffith, Williams & Co
Chartered Accountants
36 Stryd Fawr
Pwllheli
Gwynedd
LL53 5RT
The Antony Boot Charitable Trust
Contents of the Financial Statements
for the Year Ended 31 October 2022
Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 13
Detailed Statement of Financial Activities 14
The Antony Boot Charitable Trust

Report of the Trustees

for the Year Ended 31 October 2022
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31October2022. The
trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicableto charitiespreparingtheiraccountsin accordancewiththeFinancialReportingStandardapplicablein the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

OuraimsandobjectivesremainthesameaswhentheCharitywasfirstfounded:ToadvancetheChristianfaithfor the
benefitofthepublicinEnglandandWalesinsuchwaysastheCharityTrusteesthinkfit,especiallyby(but not
exclusively):
We are very thankful for contributions made by various individuals who contribute to the Charity on a monthly basis.
IncomefrominvestmentsheldintheCharity'snamestillprovidesthebulkof ourregularincome.Dividendsare received
twice a year, usually in May and October.

Public benefit

The Trustees have had regard to the Charity Commission's guidance on public benefit.
We werepleasedto reflecton thefactthatovertheperiodbetweenNov21andOct22wewereableto operatein a more
normal fashion and use up reserves in funds that had built up, giving a false indication regarding money held in accounts.
Duringtheperiod1stNovember2021and31stOctober2022,wewereabletoawardbursarypaymentstoatotalof ten
families and one youth group.
Page 1
The Antony Boot Charitable Trust
for the Year Ended 31 October 2022

Report of the Trustees

ACHIEVEMENT AND PERFORMANCE

Charitable activities ACHIEVEMENT AND PERFORMANCE

Charitable activities

Wewereabletoonceagainbefinanciallysupportivetothoseseekingfundingassistanceforcharitableactivities taking
place for youth & children in our location.
Thisyearhasseena largejumpin numbersin bothof ouryouthclubs.We havegonefromhavingnumbersof around 30
in eachclubbeforethepandemicto nowhaving50-60youngpeoplein eachclub.It'sbeenamazingto seeso many young
people want to come through the doors into a Church on a Friday night.
It's been good to have pretty much a full year back to normal after the previous couple of years of no clubs at all.

OYES! Academy (School years 3 - 6)

A few thingswe havedonein this club overthe past year havebeenour standardgamesnighton a Fridaywhichincludes a
Biblemessagefollowedbygroupgames.Wealsoholdregularartnights,treasurehuntsandscavengerhuntsaround the
town, cooking nights and themed challenge evenings.

OYES! Youth Group (School Years 7 - 11)

AfewthingswehavebeenuptointhisclubhavebeengettingbacktoournormalnightsonaFridaynightwhere the
young people hear a short Bible message at the start of club followed by a time for discussion groups.
Thediscussiongroupsgivetheyoungpeopletheopportunitytoaskanyquestionsaboutthemessagetheyjustheard and
gives us as leaders a chance to simply sit and chat with the young people.
Followingthe discussiontime,the youngpeoplethencan choosewhattheywouldliketo do from tabletennis,air hockey,
computergames,pool,artsandcrafts,boardgamesandmore.WealsohavesomedifferentFridaynightswherewe play
some crazy games, do scavenger hunts around the town, and have themed challenge evenings.
WealsohadafewweekswherealocalGPcamealonganddidsomeoptionalsessionswiththeyoungpeopleonhow to
look after your mental health.

OYES! Extra Time.

WehavemanagedtogetbacktodoingOYES!ExtraTimeinpersonthisyear.Wehaveabout10-12youngpeople come
along on a Sunday evening to learn more about the Bible and have some fun at the same time.
Wehavelookedata24/7prayerresourceandhadsomesessionsonsomedifferentcharactersintheBiblelike, Ruth,
King David, Joshua, and Deborah. The last series we covered was the Jesus' I Am's.

Over the summer:

Overthesummerwehadourmini-UltimateAdventureatMin-Y-Donwherearound30youngpeoplecamealongfor a
weekendofactivitiesandgameswithBiblemessagesintheevening.Wealsotookagroupof7ofourchurchyouth girls
along to the DTI festival where we had an amazing time.

Our hopes for the coming year:

Somehopesthatwehaveforthecomingyeararethatwewillseemoreyoungpeoplecomethroughourdoorsand hear
thegreatnewsaboutJesus.WewouldalsolovetoseemoreyoungpeoplecomealongtoourOYES!ExtraTime group
where they will have even more opportunities to learn about God, hear His Word and make a decision to follow God.

Junior Church Report.

IthasbeenlovelytoseesomanychildrentakingpartinJuniorChurchoverthelastyear.Wehavechildrenfromthe age
of18monthsthroughtoaged14/15yrstakingpartintheSundaygroups.Theyhavealotoffuntogether,building good
relationshipswiththeirleadersandwitheachotherandlearningmoreaboutGodandHisloveforthembystudying the
Bible in all sorts of creative ways.
Page 2
The Antony Boot Charitable Trust
for the Year Ended 31 October 2022

Report of the Trustees

Pre-School Children's Work.

We have continued to help lead the preschool mid-week groups.
Wecurrentlyhavethreegroupsrunningandarepleasedthatmanyof thefamiliesattendmorethanonegroup.We have
around 30 families that we see regularly.  This gives us many opportunities to build relationships and friendships.
Our groupsincludeMondaymorningfor toddlersingingand Tuesdaymorningfor toddlerplay group,theseare both held
withintheChurchbuilding.Wefeltthatgiventhecurrentstrugglesof thecostof living,wewantedtodoasmuchas we
can to help those in our community.
We can provide a warm space so they can save heating at home.
Our Fridaygrouphas also continuedto be popular.Our numbersvary from weekto week,but it is alwayswell received by
those that come.

Toddler and pre-school groups

A feature of the work of the Trust is to support and help run groups set up for parents to bring along pre-school children.
Weseeanenormousbenefitinbeingabletoservewholefamilies.Manyofthefamiliesthatcanbewelcomedand cared
foraspartof thechurch,whenbringingtheirveryyoungchildren,willalsocontinuetohavetheirchildreninvolved with
youth & children's work events when they are older.
This way we can get to know & serve more families in the locality.

Pastoral care

Keytotheeffectivenessofanyyouthworkistheabilitytoprovidepastoralcaretotheyoungpeoplewhennecessary. This
careisregularbutnotalwaysatpre-setregulartimesandmayinvolvesimplylisteningtoayoungperson'sworries and
fears.Itmaybeanopportunitytoofferadviceorsometimesitcancloserresemblealong-termmentoring relationships.
Whateverthenatureofthispastoralcare,itisalwayscarriedoutsensitivelybysenioryouthworkersandin accordance
with safeguarding & social networking policies.

Investment performance

Investment performance

ThecharityholdssharesinHenryBootPlc.Ourobjectiveforthisinvestmentistoprovidethecharitywitharegular and
relativelypredictableincomebywayofdividends.Thisyear,despitemanycompaniesbeingunabletopay dividends,
Henry Boot plc was able to pay a reduced dividend to its shareholders.

Internal and external factors

Internal and external factors

We are able to measure the performance of the charity and consider its activities a success if:
1. There have been a number of programmes run for children, young people and adults which have been well attended.
2. Overt opportunities have been created for young people to seek advice and support.
3.Thecharityhasbeenabletofinanciallysupportchildren,youngpeopleand/oradultstoattendresidential holidays
within a Christian setting.

FINANCIAL REVIEW

Financial position

RegulargivingandincomefromsharesinHenryBootplchavereturnedtopre-pandemiclevels.Incomeis supplemented
by reclaiming an amount of gift aid.
We havenot identifiedsignificantrisksor uncertaintiesthatare currentlyfacingthe charity.Thereis inevitablya degree of
uncertaintyconcerningtheexactamountofincomethatbothdonationsandincomefromsharesinHenryBootplc will
bring, however this uncertainty is not currently considered to be of any concern.
Page 3
The Antony Boot Charitable Trust
for the Year Ended 31 October 2022

Report of the Trustees

FINANCIAL REVIEW

Principal funding sources

The charities income from the year primarily came from two sources:

1. Regular giving from supporters

Eachof thesesourcesareimportantas theregulardonationsprovidea sourceof predictableincome.Dividendspaid were
another source of anticipated income.
Thiscombinationof sourcesof incomeallowsthe charityto investin projectswhilstbeingreasonablyconfidentthat funds
will continue to be available to serve other causes that fit with the charity's purposes at a later date.

Secondary funding sources

RealisationofsomeofourshareinvestmenttomeetongoingTrustobjectives,shouldtheprincipalfundingsources be
insufficient to meet the needs of the Charity.

Investment policy and objectives

ThecharityholdssharesinHenryBootPlc.Ourobjectiveforthisinvestmentistoprovidethecharitywitharegular and
relatively predictable income by way of dividends. This year this objective was realised.

Reserves policy

Thereservesthatwehavesetasideprovidefinancialstabilityandthemeansforthedevelopmentof ourprincipal activity.
We intend to maintain our reserves at a level which is at least equivalent to £5,000 in our bank current account.
The trustees intend to use any reserves in the following manner:
TheTrusteesreviewregularlytheamountofreservesthatarerequiredtoensurethattheyareadequatetofulfil our
continuing obligations.
None of the charity's funds are restricted.

Going concern

There are no material uncertainties about the charity's ability to continue as a going concern.
Page 4
The Antony Boot Charitable Trust

Report of the Trustees

for the Year Ended 31 October 2022

FUTURE PLANS Youth and children's work

At the time of writing, we are looking to resume activities as they were pre-2020. In effect this translates as the following:

Regular term time weekly activities.

Weeklyyouthclubs,SundaymorningChurchsessions,pre-schoolandtoddlerwork.Previouslywehaveprovided funding
fora Family'sworkeratTywynBaptistChurch.Thisworkerwouldhelpprovideactivities,eventsandsupportfor parents.
Although no application was made to us in this financial year, we anticipate a request for funding in 2023-24.

Summer Camps

We hopeto resumethe annualsummercamp tripswithcampsplannedfor olderyouth,11 - 14 yrs and for primary school
age children.

Bursaries

WeanticipateanotheryearofrequestsfromneedyfamiliesseekingtoaffordaholidayataChristianholidayvenue. We
aremotivatedtokeepenablingas manyfamiliesas wecantobeabletohavetheopportunitytoenjoytimeaway together.
Wearethankfulforthemanywewitnessedwhobenefitedenormouslyfromtheopportunitiesassistancewith funding
brought to them.

Recruitment of Additional Trustees

Weweredelightedthatlastyearwewereabletorecruita newTrusteeandfortheyear2022-23weareseekingto appoint
further Trustees to our Board.

Website

Development of our website to incorporate a mechanism for contributions and donations.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Charity is controlled by its governing document (a deed of trust) and constitutes an unincorporated Charity.

Recruitment and appointment of new trustees

AllfourTrusteesoftheAntonyBootCharitableTrusthaveremainedconstant;thosebeing:AntonyBoot,Peter Cook,
Susan Cook and David Vernalls.
AlltrusteesmustbeappointedbyaresolutionoftheTrusteespassedataspecialmeeting.TheTrusteesmusthave regard
to the skills, knowledge and experience needed for the effective administration of the charity.

Decision making

Applicationsto the charityfor fundingare discussedand reviewedby all trusteesand are normallyapprovedif they both fit
withcharity'skeyobjectivesandthefundsrequestedareavailableyetwouldnothaveadetrimentaleffecton other
commitments (both current & anticipated).
Page 5
The Antony Boot Charitable Trust
for the Year Ended 31 October 2022

Report of the Trustees

STRUCTURE, GOVERNANCE AND MANAGEMENT Induction and training of new trustees

Currentlythecharity'strusteesdonotundergoanyformaltraining.Rathertheyare,inpartselectedbasedupon their
existingknowledgeandexperience.Newtrusteescanaskquestionsanddiscussanyissuesregardingtheworkingsof the
charitywithexistingtrustees.AdviceisalsoreadilyavailablefromGriffith,Williams&Co.whoprovideuswith charity
related services.
Newtrusteesareselectedinpartbasedupontheirexistingknowledgeandexperience.Asthecharityoutsourcesmuch of
itswork,inductionandtrainingcanbekepttoaminimum.Traininggivenmayinclude'shadowing'existing trustees,
discussingindetailthecharity'sobjectivesandthemechanismbehindfulfillingthem,andencouragingquestions. There
are also excellent resources available through the Charities Commission outlining the roles and responsibilities of trustees.

Systems and management

UndertheguidanceofGriffith,Williams&Co.Pwllheli,NorthWaleswehaveimplementedasystemofcontrols for
approving of invoices received for youthwork services carried out in the local area on behalf of the Trust.
The organisationprovidingthe staffingfor Youthwork(Miny DonChristianAdventureCentre)has establisheda method
for verifyingtheirinvoicingand loggingof youthworkevents.Griffith,Williams& Co. act as an independentassessor and
verifierof all invoicesraisedby Min Y Don ChristianAdventureCentreto the Trust.This has enabledus to put into place
systems that allow the ABC Trust to function efficiently.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1148548

Principal address

Min Y Don
Arthog
Gwynedd
LL39 1BZ

Trustees

A C Boot
Mrs S J H Cook
P F Cook
D M Vernalls

Independent Examiner

Sian M Williams
FCA MBA
Griffith, Williams & Co
Chartered Accountants
36 Stryd Fawr
Pwllheli
Gwynedd
LL53 5RT
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
...........................................................................
Trustee
Page 6
Independent Examiner's Report to the Trustees of
The Antony Boot Charitable Trust

Independent examiner's report to the trustees of The Antony Boot Charitable Trust

I reportto the charitytrusteeson my examinationof the accountsof The AntonyBootCharitableTrust(theTrust)for  the
year ended 31 October 2022.

Responsibilities and basis of report

AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
I reportin respectof my examinationof theTrust'saccountscarriedoutunderSection145of theAct andin carrying out
my examinationI havefollowedall applicableDirectionsgivenby the CharityCommissionunderSection145(5)(b)of the
Act.

Independent examiner's statement

Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust 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 applicable 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 haveno concernsand havecomeacrossno othermattersin connectionwiththeexaminationto whichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sian M Williams
FCA MBA
Griffith, Williams & Co
Chartered Accountants
36 Stryd Fawr
Pwllheli
Gwynedd
LL53 5RT
Date: .............................................
Page 7
The Antony Boot Charitable Trust

Statement of Financial Activities

for the Year Ended 31 October 2022

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
2
Total
EXPENDITURE ON
Charitable activities
Bursaries
Bursary to individual
Charitable activities
Other
Total
Net gains/(losses) on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
31.10.22
Unrestricted
fund
£
7,262
31,450
38,712
(3,082)
7,761
56,635
4,240
65,554
(205,000)
(231,842)
1,463,728
1,231,886
31.10.21
Total
funds
£
7,298
28,600
35,898
5,763
-
8,951
330
15,044
165,000
185,854
1,277,874
1,463,728
The notes form part of these financial statements
Page 8
The Antony Boot Charitable Trust

Balance Sheet

31 October 2022

Notes
FIXED ASSETS
Investments
5
CURRENT ASSETS
Debtors
6
Cash at bank
CREDITORS
Amounts falling due within one year
7
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
8
Unrestricted funds
TOTAL FUNDS
31.10.22
Unrestricted
fund
£
1,195,000
458
44,309
44,767
(7,881)
36,886
1,231,886
1,231,886
1,231,886
1,231,886
31.10.21
Total
funds
£
1,400,000
1,380
70,211
71,591
(7,863)
63,728
1,463,728
1,463,728
1,463,728
1,463,728
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon .............................................
and were signed on its behalf by:
.............................................
Trustee
The notes form part of these financial statements
Page 9
The Antony Boot Charitable Trust
Notes to the Financial Statements
for the Year Ended 31 October 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicableto charitiespreparingtheiraccountsin accordancewiththe Financial Reporting
StandardapplicableintheUK andRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Charities
Act 2011.The financialstatementshavebeenpreparedunderthe historicalcostconvention,withthe exception of
investments which are included at market value, as modified by the revaluation of certain assets.

Income

All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhas entitlementto the funds,it is
probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilitiesare recognisedas expenditureas soonas thereis a legalor constructiveobligationcommittingthe charity
tothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementand the
amountof the obligationcan be measuredreliably.Expenditureis accountedfor on an accrualsbasisand has been
classifiedunderheadingsthataggregateall cost relatedto the category.Wherecostscannotbe directlyattributed to
particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grantsofferedsubjectto conditionswhichhavenotbeenmetat theyearenddatearenotedas a commitment but
not accrued as expenditure.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions
arisewhenspecifiedbythedonororwhenfundsareraisedforparticularrestrictedpurposes.Thereare currently
no restricted funds.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. INVESTMENT INCOME

31.10.22 31.10.21
£ £
Dividend income 31,450 28,600
continued...
Page 10
The Antony Boot Charitable Trust
Notes to the Financial Statements - continued
for the Year Ended 31 October 2022

3. TRUSTEES' REMUNERATION AND BENEFITS

Therewereno trustees'remunerationor otherbenefitsfor the year ended31 October2022nor for the year ended
31 October 2021.

Trustees' expenses

Therewerenotrustees'expensespaidfortheyearended31October2022norfortheyear ended
31 October 2021.

4. ACCOUNTANCY FEES

2021 2020
Fees payable to the charity's independent examiners for the independent
examination of the charity's financial statements
1680.00 1440.00
Independent examiner's remuneration for the non examination work 2530.00 3398.00
4210.00 4838.00

5. FIXED ASSET INVESTMENTS

MARKET VALUE
At 1 November 2021
Revaluations
At 31 October 2022
NET BOOK VALUE
At 31 October 2022
At 31 October 2021
Listed
investments
£
1,400,000
(205,000)
1,195,000
1,195,000
1,400,000
There were no investment assets outside the UK.
TheinvestmentisregardingsharesheldinHenryBootPlc.Thebasisfordeterminingthefairvalueof the
investment is using the quoted market price as at the year end.
Cost or valuation at 31 October 2022 is represented by:
Listed
investments
£
Valuation in 2022 1,195,000
continued...
Page 11
The Antony Boot Charitable Trust

Notes to the Financial Statements - continued

for the Year Ended 31 October 2022

6.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
7.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
8.
MOVEMENT IN FUNDS
At
1.11.21
£
Unrestricted funds
General fund
1,463,728
TOTAL FUNDS
1,463,728
Net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
38,712
(65,554)
TOTAL FUNDS
38,712
(65,554)
Comparatives for movement in funds
At
1.11.20
£
Unrestricted funds
General fund
1,277,874
TOTAL FUNDS
1,277,874
31.10.22
£
458
31.10.22
£
7,881
Net
movement
in funds
£
(231,842)
(231,842)
Gains and
losses
£
(205,000)
(205,000)
Net
movement
in funds
£
185,854
185,854
31.10.21
£
1,380
31.10.21
£
7,863
At
31.10.22
£
1,231,886
1,231,886
Movement
in funds
£
(231,842)
(231,842)
At
31.10.21
£
1,463,728
1,463,728
continued...
Page 12
The Antony Boot Charitable Trust
Notes to the Financial Statements - continued
for the Year Ended 31 October 2022

8. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
35,898
35,898
Resources
expended
£
(15,044)
(15,044)
Gains and
Movement
losses
in funds
£
£
165,000
185,854
165,000
185,854
Gains and
Movement
losses
in funds
£
£
165,000
185,854
165,000
185,854
185,854
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
TOTAL FUNDS
At
1.11.20
£
1,277,874
1,277,874
Net
movement
in funds
£
(45,988)
(45,988)
At
31.10.22
£
1,231,886
1,231,886
A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
74,610
74,610
Resources
expended
£
(80,598)
(80,598)
Gains and
Movement
losses
in funds
£
£
(40,000)
(45,988)
(40,000)
(45,988)
Gains and
Movement
losses
in funds
£
£
(40,000)
(45,988)
(40,000)
(45,988)
(45,988)

9. RELATED PARTY DISCLOSURES

Duringtheyear£52,502wasinvoicedfromMinyDonChristianAdventureCentretotheCharity,for services
providedtotheCharity.Ofthisamount£3,831wasoutstandingattheyearend.Threeofthetrusteesof the
Charity are partners in Min y Don Christian Adventure Centre (namely P Cook, S Cook and A Boot).
AlsodonationsweremadebytheCharitytothevalueof £7,760.88sothatthebeneficiariescouldenjoya holiday
at Min Y Don Christian Adventure Centre.
Page 13
The Antony Boot Charitable Trust
Detailed Statement of Financial Activities
for the Year Ended 31 October 2022
Detailed Statement of Financial Activities
for the Year Ended 31 October 2022
31.10.22 31.10.21
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 5,881 5,918
Gift aid 1,381 1,380
7,262 7,298
Investment income
Dividend income 31,450 28,600
Total incoming resources 38,712 35,898
EXPENDITURE
Charitable activities
Procurement of services for charitable activities 52,502 9,336
Bursaries and grants paid 8,652 1,488
61,154 10,824
Support costs
Information technology
Website costs 155 135
Governance costs
Auditors' remuneration 1,680 1,680
Auditors' remuneration for non audit work 2,530 2,370
Administration 35 35
4,245 4,085
Total resources expended 65,554 15,044
Net (expenditure)/income (26,842) 20,854
This page does not form part of the statutory financial statements
Page 14