REGISTERED CHARITY MJMBER: 1153543 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR ENGLISH BRIDGE EDUCATION AND DEVELOPME Beacons Chartered AccovDtants 30 High Street Wendovcr Buckinghamshire HP22 6EA
ENGLISH BRIDGE EDUCAT10Tr4 AND DEVELOPMENT COYTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Paee Report of the Trustees I to 3 Independent Examiner's Report Statement of FJnan¢lal Aelivities Bal*nee Shttt Cash F]ow Statement Notes to the Cash Flow Statement Notes to the Financial Statements 9 10 16
ENGLISH BRIDGE EDUCATION AND DEVELOPh(ENT REPORT OF THE TRUSTEES FOR THE ITAR ENDED 31 MARCH 2024 The truste¢s Present their report with the financial statements of the charity for the year ended 31 Marcb 2024. The trustees have adopted the Provisions of Accounting and Reporting by Charities.. Statement of Recommended Prnctice applicable to charities preparing their a¢¢ounts in a¢¢ordance with the Financial Reporttng Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019). OBJECTIVES AIW ACTIVITIES ObJe¢ilves and afims The main objectives of the charity are '. l ) the advancement of amateur sport by promoting the game of duplicate bridge for the public benefit. 2) the advancement of the education of young persons in fijll time ¢du¢ation in the playing of duplicate bTidg¢. In support of Object (l) the charity has . - sougbt to promote and develop bridge as a social and community activity Wjth particular health benefits in maintaining effective brain function and providing opportullities to foster friendships and community spirit. - trained bridge tca¢heT5. - provtded a set oftcachin8 resources to support bridge teacher8 in the delivery of bridge lessons. - produced and sold books and educational materials for bridge players. - trnined tournam¢nt directors to manage bridge sessions at clubs. In support of Object (2) the charity has '. - publiriscd th¢ educational merits of duplicat¢ bridg¢ as an a¢tivity for the development of young people. - promoted the en¢ouragement of young bridge players within the English Bridge Union Limited. County Associations and Bridge Clubs. - Organis an online competition for schools. - held a residential acliviry weekend for young bTidge playets to receive forn]al bridge tuition. Granlmaking The Trustees have an approved policy for gT&nt making which is publicised on the Charity's website. ACHIEVEMENT AND PERFORMANCE The main achievements of the Charity during the year were '. - Beating budget on Trading activitRes. - Making significant progress on projects, including: - improving the day-to-day operatlODS of the Charity in improve Service quality and impTove governance; - increased the face lo face delivery oftrainiDg fur bTidgc tcachers and tournament directOTS' - launching a new online portal to provide bridge teachers with access lo materials and lessun rc50urces' selling highcr than expected training courses and books. - maintaining competitions for young people in full tinlc education. the GTand Prix and inter S¢RK)ols League" - launching a new monthly youth bridge plarforni, "the generation game" - ¢ontinuing work on developing the national youth strategy. - During the year the Clwity made the following grants: New Tricks Bridge Club Eve's Corner Bridge Club Northallerton Bridge Club Wessex Youth Bridge Cardinal Newman Catholic School Buttcrshaw Business College £2,640 £ 300 £ 250 £1,160 £ 650 £ 414 Page I
ENGLISH BRIDGE EDUCATION AND DEVELOPMENT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW Principal fundlng sources The Charity raised funds from . l. Sulplus on primary puwse trading. 2. Fundraising - two national events (Autumn and Spring Simultaneous Pairs). 3. 1)onations. All expenditure has been spent on fiirthering the main obj'ectivcs of the Charity. In making de¢isions about ¢xpenditure. the Trustees have had regard to the Charily Commission's guidance on Public Benefit. All ¢a8h is held at the bank. Reserves pollcy and substquent events The reserves as at March 2024 stood at £786,461. This is significantly higher than previous years due to receipt of a Silficant donation to the charity of £525,000 as part payment of a portion of the estate of a private individual. The Truslee5 will InVt these funds into two money market fimds whilst they review the reserves policy. This is likely to include reserves to cover 12 months of the charit54s expenditure in Order to maintain the charity's financial viability. a further element to supp)rt identified projects. an amount invested to generate income to support the charity's activities. Funds in deflcfit There are no funds in deficit at the Balance Sheet date. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng do¢wnent The charity is controlled by its governing document, a constitution, and constitutes as a ¢harttable incorporated organisation {CIO). Recryitment and appointment of neiv trusttes Tbe exisling Trustees resigned in March 2024 and have been replaced by four new Trustccs. Thrcc have been appointed by the English Bridge Union Limited and onc selecied by the Trnstees of English Bridge FAlucation and Development. It is thc intention to selecl more Trustees. Related parties The charity has a close working relationship with the National Body for duplicate bridge in England - The English Bridge Union Limited. The English Bridg¢ Union Limited makes significant chaTitsblc dollatious to th¢ Charily the details of which can be found in Note 17 to these fmancial statements. The ¢h8Tity periodically pays certain trustees for teaching serViS &8 set out in Note 17 to these fmancial statements. The rdt¢s paid are in accordance with standard rates paid to third parties. REFEREY4CE AND ADMINISTRATIVE DETAILS Registered Charlty number 1153543 Prkndpal Address Broadfields Bi¢est¢r Road Aylesbury Buckinghamshire HP19 8AZ Page 2
ENGLISH BRIDGE EDUCATION AND DEVELOPMENT REPORT OF THE TRUSTEES FOR THE YEAR EIYDED 31 MARCH 2024 Trustees T L Hewett (resigned 22.3.24) G Fawcett (resigmed 22.3.24} L Guy- Chairnian {resigned 21.3.24) J Ltwis (resigned 22.3.24) T Ch8nter (resigned 22.3.24} S De Winter (resigned 22.3.24) I Sidgwick (appointed 25.3.24) P Gibbons (appointed 25.3.24) (Tesigned 23.5.24) A Smith (appointed 25.3.24) T Cherrett (appointed 7.5.24) W Bourne (appointed 23.5.24) Independent Examiner Anthony Parks ACA Beacons Chartered Accountants 30 High Street Wendover Buckinghamshire HP22 6EA AppToved by order of the board of trnslees on.................. .. ... 8nd signed on its behalf by.. W Bourne - Trustee Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ENGLISH BIIJDGE EDUCATION AND DEVELOPMENT Independent examiner's report to the trustees of Engll$h Bridge Edu¢ation and Development I report lo the charity tnteeS OD my examination of the accounts of English Bridge Education and Developmeni (the Trust) for the yeaT ended 31 March 2024. RpOnsIbIlItieS And basls of report As the charity tnistees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act,). I report in respect of my examination of the Trust's accounts ¢artied out under Se¢tion 145 of the Act aod in carying out my examination I have followed all applicable Directions given by the Clwity Commission under Section 145(5)(b) of the Act. Independent ¢x*miner's statement Since your charity's gross income exceeded £250,000 your examiner musl be a member of a listed body. I can confirni that I arn qualified to undertake the exan]ination because l am a member of the Institute of Chartered Accountsnts in England and Wales, which is one of the listed bodies. I have completed my examination. l ¢onfjrn] that no material matters h8ve come to my attenlion in connection with the examination giving me ¢8U8e to believe that in any material respect: accounting records were not kept in Te4)ect of the Trusl as required by Section 130 of the Act,. or the accounls do nol accord with those r¢¢ords' or the accounts do not comply with the applicable requirements ¢on¢erning the fonn and content of accounts set out in the Charities {Accounls and Reports) Regulations 2008 other than any requiTement that the accounts give a te and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come &¢TOSS no other matters in connection with the examination to which attention should be drawn in thi8 Teport in order to enable a propcr understsnding of the accounts to be reached. Anthony P SACA The Ins tute of Chartered Accountants in England and Wales Beacons Chartered Ac¢ountants 30 High Street Wendover Buckinghamshire HP22 6EA Iz Pagc 4
ENGLISH BRIDGE EDUCATION AND DEVELOPMENT STATEMEIYT OF FINANCIAL ACTtVITIES FOR THE YEAR ENDED 31 IIIARCH 2024 31.3.24 Total funds 31.3.23 Totsl funds Unrestrtcted fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations ond legacies 562,475 945 563,420 47,759 Charitable aCtltIeS Junior Ev¢nts Teachcr training and EBTA Provision of training materials T D Training 11,440 42,645 82,006 39,213 11.440 42,645 82,006 39,213 9,672 39,110 63.906 42.910 Other trading activitics ]mresttnent income Other income 19,680 5,728 125 19,680 5,728 125 15.812 811 195 Total 763 312 945 764,257 220 175 EXPEI%T)ITURE ON Raising fimd8 2.943 2,943 2,974 Charilable aetlvltle$ JunioT Events Tea¢her training and EB TA Provision of training materials T D Training Youth Min1Idge General charitable expenditure Medical & Social Benefits Research Bridge For Youth E-Learning Youth Bridge Grand Prix 14,582 53.323 31.001 35,916 21,140 962 15,544 53,323 31,OOJ 35,916 22,744 2,293 41,911 11,334 45,269 28.456 33,038 7,936 1.604 2.293 414 41.497 50,435 (7.900) 4,438 14.324 823 806 9,819 246 379 1.185 9.819 246 Total 211273 216 925 191.132 ET INCOMEI(EXPENDITURE) 552.039 (4.707) 547,332 29.043 RECOP4CILIATION OF FUNDS Total fimds brought forward 219,572 19.557 239,129 210,086 TOTAL FUNDS CARRIED FORWARD 771 611 786 461 239 129 The notes fonn part of these financial statements Page 5
EY4GLISH BRIDGE EDUCATION AND DEVELOPMENT BALANCE SHEET 31 MARCH 2024 31.3.24 Totsl funds 31.3.23 Total fimds Unrestricted fund Restricted funds Notes FIXED ASSETS Invc5tments 13 550.000 550,000 CURREWT ASSETS Stocks Debtors Cash al bank and in hand 14 15 20.904 7.557 213,378 20,904 7,557 228.228 18,614 4,917 234,788 14,850 241,839 14,850 256.689 258,319 CREDITORS Amow)Is falling due within one year 16 (20,228} (20228) (19,190) NET CURREIYT ASSETS 221611 14.850 236,461 239,129 TOTAL ASSETS LESS CURRENT LIABILITIES 771,611 14,850 7S6.461 239,129 NET ASSETS 771,611 14,850 786.461 239,129 FUNDS Unrestricted funds Reslricted funds 17 771,611 14.850 219,572 19.557 TOTAL FUNDS 786 461 239.129 The financial statements were approved by the Board of Trustees and authorised for issu¢ i)n . and were signed on its behalf by.. I Sidgwick - TTUStee L,Ik W Bourne - TTUStÈ The notes fonn part of these financial statements Page 6
ENGLISH BRIDGE EDUCATION AND DEVELOPMENT CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 31.3.24 31.3.23 Notes Cash flows from operating Activltl¢s Cash generated from operations 537,712 Net cash provided by operating activities 537.712 26,047 Cash Ilows from investing a¢tivities Purchase of fixed ass¢t investrnents Interest received (550,000) 5.728 811 Net cash (used inyprovided by investing activities 811 Change In cash and cash equivalents in the reporting period Cash and cash equlvalents at the beginning of th¢ reporting period {6.560) 26,858 207.930 C4$h and cash equivalent$ at Ihe end of tbe reporting perfiod 228 228 234,788 The notes forn part of these financial $tatemeDts Page 7
ENGLISH BRIDGE EDUCATION AND DEVELOPMENT NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 RECONCILIATION OF YET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.24 31.3.23 Net iDcome for the reporting period (As per the Statement of Flnan¢fial Activitie8) Adjustments for: Interest received (Increase)/decrease in stocks Increase in debtOTS tncrcasc/(decTease) in creditors 547,332 29,043 (5,728) (2,290) (2,640) 1.038 (811) 5,127 (2,407) 14.905) Net cash provided by operations 537.712 26,047 ANALYSIS OF CHANGES IN 1¥4ET FUFIDS At 1.4.23 Cash flow At 31.3.24 Net cash Cash at bank and in hand 234 788 234.788 6,560) 228,228 Total 234.788 (6.560} 228.228 The note$ fonn part of these financial $tht¢menls Page 8
ENGLISH BRIDGE EDUCATION AIYD DEVELOPMENT IYOTES TO THE FINACIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basis of preparing the financia] statemtnt$ The financial statements of the charity, which is a publie benefit entity under FRS 102, have been prepared in a¢cordance with the ChaTities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practicc applicable to charities preparing their accounts in accordance with thc Financial Reporting Standard applicable in the UK and Republic of Ir¢land (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting StandaTd applicable itL the UK and Republic of Ireland, and the Charities Act 2011. The financial ststements have been prepared under Ihe historical wst Conventio with the exception of invesiments which are included at market value. Income All incom¢ is recognised in the Ststcment of Financial Activities onc¢ the chaTity has entitlement to the funds. it is probable that the income will be received and the amount can be measured rcliably. Expenditure Liabilities aTe Tecognised as expenditure as soon as there is a legal or constructive obligation cornmitting the ¢harity to that expenditUTe, it is probabl¢ that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is a¢¢ounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year date are noted as a cornmitment but nol a¢crned as exp¢nditure. Allo¢atloll and apportionment of Costs Direct ¢osts All direct costs are allocated to the aclivity or project to whicb they relate. Staff costs Stsff costs idenlified as relating to an a¢tivity OT project, they are a]localed accordingly. General support costs Support costs are &llocated tr) activities OT projects on the basis of their usage of office. storage space and equipment. Stock$ Stocks are valued at the lower of cost and net realisable valuc. after making due allowance for obsolete and slow moving iterns. Tax¥tioll Thc charity is exempt from tax on its ehaTitsble activities. Fund accounting Unrestricted funds can be used in aordance with the charitable objectives at the discretion of the trust¢¢s. Restricled funds can only be used for particular Testric*d PUTposes within the objects of the charity. Restiictions arise when specified by the donor or when fid5 are rais for particular restricted putposes. Further explanation of the nature and pun)ose of ea¢h fund is included in the notes to the financial statements. Pension costs The charity contribute5, as employer, to Staff pension schemes in accordance with the auto ettrolment legislation. Page 9 continued...
ENGLISH BRtDCE EDUCATION AND DEVELOPMENT NOTES TO THE FLNANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 DONATIONS AND LEGACIES 31.3.24 31.3.23 Donations lxgacies 38,420 525 000 47,759 563 420 47.759 OTHER TRADING ACTIVITIES 31.3.24 31.3.23 Fundraising events E-Learning income 9,337 6,277 19,680 15,812 INVESTMENT INCOME 31.3.24 31.3.23 Deposit 4¢¢0unl interest 811 tNCOME FROM CHARITABLE ACTIVITIES Income arising from ¢haTitable activities is analysed in the Statement of Financia] Activities. RAISING FUNDS Otber trading Activities 31.3.24 31.3.23 Sim Pairs costs 2.943 2.974 CHARITABLE ACTIVTfIES COSTS Direct Costs Allocated Costs Governance Costs Staff Costs Total Junior Ev¢nl$ Ther training and EBTA Provision of training materials TD Trainins Youth Minibrid8¢ General charitsble aclivities Bridge For Youth E-Learning Youth Bridge Grand Prix 14.944 9.303 12,814 14,194 11.658 2293 9.417 600 6,100 3,000 2.500 15,544 53.323 31.001 35.916 22,744 2,293 41,911 1.185 9,819 246 37,920 15,187 19222 11.086 22.934 785 8,295 3,300 400 1,200 6,260 324 246 115429 213 982 Page 10 Continued...
ENGLISH BRIDGE EDUCATION AND DEVELOPMENT NOTES TO THE FINANCIAL STATEMENfs - contlnued FOR THE YEAR ENDED 31 MARCH 2024 GRANTS PAYABLE 31.3.24 31.3.23 Minibridge General ¢haritable expenditure 2.000 3.843 5.414 The total grants paid to institutions during the year was as follows: 31.3.24 31.3.23 Youth Grants Generxl gTants Minibridge grants 2,864 550 3,843 5.414 3.843 SUPPORT COSTS Governan¢¢ costs Finance Totsls General ¢haritsble exp¢nditure E-Learning 22 27 6.260 6,282 27 49 Support costs, included in the above. are as follows: 31.3.24 31.3.23 General charitsble expenditure Total activities Total ctivities E-L¢arning Stripe/CAF charges A¢¢owJtan¢y and PTofessional fees 22 6.260 27 49 280 4.400 27 6.309 io. TRUSTEES• REMUNERATION AND BENEFJTS There wcre no trustees, remuneratton or other benefits for the year ended 31 M8rch 2024 nor for ihe year ended 31 March 2023. Page 11 continued...
ENGLISH BRIDGE EDUCATION AND DEVELOPMENT NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR ENDED 31 MARCH 2024 io. TRUSTEES, REMUNERATION AND BENEFITS - continued Trustees, expense5 The tnteeS were reimbursed expenses for the year ended 31 March 2024 amounting to £39 in total (2023: £72). STAFF COSTS ii. The average monthly number of employees during the year was as follows: 31.3.24 31.3.23 Athninislrative stsff No empEoytts received emoluments in excess of £60,OIKI. 12. 2023 COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund funds Total filnds INCOME AND ENDOWMENTS FROM Donations and legacies 38,368 9,391 47,759 Charltable activities Junior Events Teacher training and EB TA Provision of training rn&terials T D Training 9.672 39.110 63,906 42,910 9,672 39.110 63.906 42,910 Other trading activities Investment income Other income 15.812 811 195 15,812 811 195 Total 210,784 220.175 EXPENDITURE ON Raising fiinds 2,974 2.974 Charltable acdrftles Junior Events Teacher training and EB TA Provision of training materials T D Training Youth Minibridge General charitable expenditure Medi1 & Social Benefits Researcb Bridge For Youth E-L¢Mrning Youth Bridge Grand Prix 11,334 45.269 28,456 33,038 3,950 11.334 45269 28,456 33,038 7,936 3,986 50,435 {7,900) 2,401 14,324 823 50,435 (7,900) 4,438 14,324 823 2,037 Total 185 104 6,028 191132 NET INCOME 25.680 3,363 29,043 Page 12 ¢ontinued...
ENGLISH BRIDGE EDUCATION AND DEVELOPMENT F40TES TO THE FINANCIAL STATEMENTS - conlinued FOR THE YEAR ENDED 31 MARCH 2024 12. 2023 COMPA114TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unre5triGted Restri¢t¢d fund fimds Total nds RECONCILIATJON OF FUNDS Total tunds brought forward 193.892 16,194 210.086 TOTAL FUNDS CARRIED FORWARD 219 572 239,129 13. FIXED ASSET INVESTMENTS Listed investmcnts MARKET VALUE Additions 550 000 ET BOOK VALUE Ai 31 March 2024 At 31 March 2023 All investsnents are held within the UK or Jersey. 14. STOCKS 31.3.24 31.3.23 Stocks 15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Other dcbtors Prepayments and accnled income 3,492 4.065 1,599 7.557 4.917 Page 13 continued...
ENGLISH BRIDGE EDUCATION AND DEVELOPMENT NOTES TO THE FLYANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 16. CREDITORS: AMOUNTS FALLING DUE WITHIN OIYE YEAR 31.3.24 31.3.23 Trade creditors Oth¢r rrrditor5 947 994 18.196 17. MOVEMENT IN FUNDS Net movement in funds At 31.3.24 At 1.4.23 Unrestrieted funds General fund 219,572 552,039 771.611 Restrieted funds Minibridge Youth Bridge For Youth Youth Hardship Youth Schools Bridge 7,389 7,283 379 1,000 (2294) (657) {379) {414) 5,095 6,626 586 19.557 TOTAL FUNDS 239,129 547,332 Net movement in fimds, included in the above are as follows: Incoming resources Resources expended Movement in fillMIs Unrestrlcted funds General fund 763.312 {211,273) 552.039 Restrlcted funds Minibridge Youth Bridge For Youth Youth Hardship Youth Schools Bridge (2,294) (1,604) (379) (414) (2.294) (657) (379) (414) 947 945 TOTAL FUNDS 764.257 216.925) 547 332 Page 14 continued...
ENGLISH BRIDGE EDUCATION AND DEVELOPMENT NOTES T THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 17. MOVEMENT IN FUNDS - continued 2023 Comparatlves for movement in fund$ Net movement in funds At 31.3.23 At 1.4.22 Unrestricled funds General fund 193,892 25,680 219.572 Restricted funds Minibridge Youth Bridge For Youth Youth Hardship Youth Schools Bridge 7,394 385 2.415 1,000 (5) 6,899 (2.037) 7,389 7,284 378 1.000 3,506 1,494) TOTAL FUNDS 210,086 239 129 2023 Comparative net movernent in fimds, included in the above are as follows.. Incoming resources Resources expended Movement in ndS Unrestritted funds General fund 210,784 (185,104) 25,680 Restricted fund$ Minibridge Youth Bridge For Youth Youth Schoo15 Bridge {5) (2,492) (2,037) (5} 6,899 (2,037) 1,494 9.391 TOTAL FUNDS 220 175 191132) Th¢ Minibridge fund5 are to be used for the teaching of Minibridg¢ in schools in England. The Youth funds are to be used for the education of young persons in full time ethication in the playing of dupli¢ate bridge. The Bridge For Youth fund exist5 to shaTe the salary costs incurred whi18t working on a junior initiative programm¢. The Youth Hardship fiind provides support to young people ceSSing bridge. The Youth Schools Bridge fiind is to be used to support bridge in Schools. Page 15 ontinueiL..
ENGLISH BRIDGE EDUCATION AND DEVELOPMENT NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2024 18. COF4TINGENT ASSET During the year the Charity received a significant legacy. This represented an advance payment on aceount of the total amount du¢. At 31 March 2024, there was a balance outstanding, however this was dependent upon the sal¢ of assets, the proceeds of wbi¢h Could not be ascertained or predi¢t¢d with certainty. 19. RELATED PARTY DISCLOSURES I)uring the year the charity received donations amounting to £36.000 (2023: £36.000) from The English Bridge Union Limited with which the tharity has a close WOTking relationship alld which appoints the majority of the Board of Trustee5. The chaTity received £5,895 (2023.. £5,395) from The English Bridge Union Limited to cover the cost of discounts provided by the charity to its Tnembers. Jn addition the Charity received free advcrtising space in that company's publication 'English Bridge. with an estimatcd market value of £7.420 (2023: £7,620). The charity also benefitted from financial support to assist with stsff costs in the amount of £5,507 (2023.. £5264). No Trustees received fees for services during the year (2023: Nil). Page 16