Trustees’ Annual Report for the period
From 01 March 2024 Period start date To 28 February 2025 Period end date
Charity name: Sunshine Cat Rescue
Charity registration number: 1154876
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | For the benefit of the public to relieve the suffering of cats and kittens in need of care and attention and to provide and maintain rescue homes or other facilities for the reception, care and treatment of such animals. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The Charity promotes itself by advertising in the local press, by the use of its website, Facebook and other social media and by attending and hosting fundraising events. This ensures that as many people as possible are aware of the services offered, including those on low incomes. The animals that come into the Charity’s care do so for a variety of reasons. An owner may no longer be able to look after their pet due to ill-health or financial reasons or may be moving into accommodation where pets are not permitted. In these situations, the Charity is able to reassure owners that their pet will be cared for and that any new potential owner will be assessed by one of the charity’s experienced Home Visitors before the animal is rehomed. Home Visitors encourage new owners, especially those on low incomes, to consider pet insurance to cover unexpected veterinary fees, and to budget for routine procedures such as flea treatment, worming and annual vaccinations. In this way, the Charity helps promote responsible and manageable ownership. The Charity takes care of abandoned cats, finding homes for them following a home visit and also cares for stray cats with the aim of reuniting them with their owners or finding new homes for them if their owners |
| cannot be traced. By neutering cats and kittens which come into the care of the Charity, this helps to control the cat population and reduce the incidence and spread of disease through general health checks. Where practicable, the Charity arranges for the neutering of feral cats upon becoming aware of their presence. The Charity responds to concerns from the public about colonies of feral cats, operating a “trap, neuter and return” policy for these cats. When circumstances allow, feral cats are rehomed to new sites, where they can live as working cats, for the benefit of both the animals and the public. |
||
|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees confirm that they have had due regard to the Charity Commission’s guidance on public benefit, as set out in the publication_Public benefit: the public benefit_ requirement, when carrying out their duties and in shaping the Charity’s activities throughout the year. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | The Charity benefits significantly from the commitment and generosity of its volunteers, who contribute their time, skills and experience to support the Charity’s operations and the delivery of its public benefit. The Trustees recognise and are grateful for the substantial contribution made by volunteers throughout the year, without which many of the Charity’s activities would not be possible |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | During the year, the Charity has taken in 121 cats and kittens and successfully found new homes for 156 domesticated cats/kittens. This apparent discrepancy is explained by the fact that several cats were already in our care at the beginning of the year. 16 home to homes were arranged. The fundraising events held throughout the year included book sales, jumble sales, car boot sales and tin shakes. The Charity attended local village events, tombola stalls being the most profitable. The Charity also raises funds by selling donated goods via internet sites like Facebook marketplace or Vinted for example. We have been able to help owners who are in financial difficulties, by paying their vets’ bills. We are promoting neutering constantly and advising that microchipping is now a legal requirement. |
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
|
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | VAT and Gift Aid/GASDS have been claimed throughout the period. We are in a comfortable financial position due to the legacy we received in November 2022 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | A reserve of £10,000 had previously been designated; however, the Charity now holds a substantially higher level of funds across a number of bank accounts, building societies, and investment holdings. |
| Amount of reserves held | Para 1.22 | At least £10,000 |
| Reasons for holding zero reserves |
Para 1.22 | Not applicable |
| Details of fund materially in deficit |
Para 1.24 | Not applicable |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Not applicable |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Funding is received through grants, donations, legacies, fundraising events (book sales, jumble sales, regular local fayres and fetes, social media sites) and from interest on investments, |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | Our principal risk is the overwhelming number of cats/kittens coming into our care and the lack of suitable accommodation for temporary stays until they can be re- homed. Although the Charity undertakes ongoing volunteer recruitment, challenges in securing sufficient volunteer capacity persist, and this continues to present a risk to the effective delivery of the Charity’s objectives. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution of CIO |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are nominated, elected and confirmed at the Annual General Meeting |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
Trustees are given access to all of the Charity’s policies and procedures which are available in online shared files |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | The Charity liaises with the RSPCA as required and works collaboratively with Cats Protection in areas where responsibilities or concerns overlap. |
| Other |
Reference and Administrative details
| Charity name | Sunshine Cat Rescue |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1154876 |
| Charity’s principal address | 104 High Street, Milton under Wychwood, Oxon OX7 6ET |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Olivia Tyack | Chairperson | |||
| Sharon Carbonero | Treasurer | Resigned March 2024 | ||
| Sue Newitt | ||||
| Margaret Hauton | ||||
| Suzanne Hilton | Appointed May2025 | |||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets Not applicable held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Not applicable
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Suzanne Hilton ~~ee~~ Position (eg Secretary, Trustee Chair, etc) ~~ee~~ Date 18 December 2025 ~~fF~~
SUNSHINE CAT RESCUE ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2025
INDEPENDENT EXAPANERS REPORT TO THE TRUSTEES OF sut48HINE QAT RESCUE INl•p•nd•nt •xmln•f¥ r¢portto th• Tr008 of Sun8hln• Cat Ro$CU• I r8POrt tsrF th8 financol statennts of the charitab Inc#)ord[8d oryanisatn for th• year6ndad 28th F8bN&ry 2025. whKth are sel out on pages 4 to 5. This report Is mad• sotety to the tharity's Trustees, as a btsdy, wi acconl8n( wlh seotlon 145 of the Chant1è8 Act 2011 ¥nd rnguLqtlon8 made undor sectKJll 1S4 of Ih8l Acl. W work h88 beèn tsndertaken SO Ih8t I mkJht slate to the ¢hariiy's Trusi¢¢s those mattera l am qUired to $t8te lo Ih¢m in an Indèpend•nl èx8nHnerfs Mport and IOT no oth&r purposè. To tha lull•st extènt p8mitl6d by law, I do not accept or assumtr rg8ponslJthy to anyon• oihar than thè dJ8Trty and th8 chartys TnJsièos as 4 body, for my work or lor Ihts report. The financial stalerfnts have btsèn prepar6d •ccordaneè K4th Accounting and R8POrtkng by chari1$ prBpathg thair accounts In 8cTr)rdanc& wrth th8 Fh)and81 Report9 StandBtds applcab ih the UK 8n%J Republk OF Ireland IFRS 1021 In pr¥feTrnce to th? Attounling and R&porting by chari18.. Statgwont ol Recommonded Pfaclix Lssued on 1 Aprl 2005 is referred to In th8 extant regul8tbn$ but ha8 begn wthdrawn. has b•&n done in Oal for the account$ to Pff)vide a Irue and f8tMew In accord8n¢o vith tho Gen&r8lly Aecept•d ArLounling Prn¢te eh¢lke for mporting perkJd$ ba9i)nkn9 on ths) allèr 1 Januèry 2015. R•p8cllv• ¥•pon•lbllllé• of tru•t•aa examlmr The chohiy's TNstee6 are responsible for Ihe preparat)n ol the ffftanc181 st8tannts, and they ¢onsKltr th81 an audit IA Thot requkod for Ihis year undar 144121 of tha chart1& Act 2011 lih¢ Act) and that an Indèpendent Ls nè¢dèd. It18 my rp8ponsJthty to.. 8xarrine th• lin4nwl 8talem•nlJ under s•ctb)n 145 of th8 Act., lomow lh& procedurp$ la¥J Llown h th& 9en8rn1 Llffj¢tion$ gen by thg Chadty Ci)nNiknk>n under $•ctn 14515Xbl of the A,. an¢J 8tat• whether p•rdcular matt&vs have to my att8lltlon. BaJbl of Indop•nd•nt M•mln•r'A r•port My 8xanin8tlon wa8 trItd out in accord8nce wilh thé Ganafal Oirectlons yen by Iho Charity Commissh)n. An examlnation inckndes a revw of the a¢UtIng e0t}S kept by th& charfty and 8 conpaiison of thè financial stattmenls pr8senl&d With thosè records. It also indudes con$KJoratlon of ny unusu81 items or (Jis&Jsures in the financial slal¢nnts, and seekkng explanatbns from YOU as IDJstèe$ eoncemlng any such matters. The pweedures undertaken do not PIDde au the eVen¢t that r)U1 b& quIr6d in an audit. and consequenlly no opinion is to vthelher the fin8nGial statements prasant a 'tè and lairviov/ and thè report 1$ lknited to those Malte set out in the slaten*nt below. Pagtr 1
INDEPENDENT EXAMINEIVS REPORT TO THE TrUSTEES OF SUNSHINE CAT RESCUE IMnd•n1 •x•mlrnf• •tatsm•nt In connectkjn wth my axanMn8tbn, no m8ttèrha8 me to my attentlon.. (1) mthlch give8 me rea8onabl8 cause to bèkve thal in any malerlal rg8pgcI the requknmènts.. lo keep accounth)o raconls in Accordance wtth section 130 of the Chantlès Act, and lo Prepa fiF)ancial statements vthi¢h accord Ihe accountlng records, Aea)unting and Reportkna by Chanties preparing Ihelr ac<x)unts in accordarnc8 with the Finanaal Reporting Si8nda¥d in the UK and ftepubI of Ireland <FRS 10218nd th othèr r8spe¢t8 cornpty wth the Ae£ounting requwemenls of the Act. hove noi beon ffet,. or {21 to whth, In rrry opiion, gllèntk)n shou b8 dravm in ord&r to •nabl& a propor under¥landing of thg to be r•ach•d. Thè Fossewèy Psacti¢e Lwnrted oriice 3, Balslord Estalo 4orelon In Matsh Glou¢es16rshlrè GL56 9QF 08tèd'. 18 June 2025 Pa9è 2
SUPISFINE CAT RESCUE ANNUAL REPORT FOR THE YEAR ENDEO 28th FEBRUARY 2025 Sunshine Cat Rèscuè. 12 Insall Road. Chipplng Norton, Oxon OX7 5LF is reg1stod wrth the ¢h$rily Commissw)nets INO. 11548761 and constituted by Doed of Tnjsl. TNst$$ O A Tya S C Newltt G M Hauio The obJpct of th& th8ry1g relievlig tho gufforing of and kttl•ns in n&8d ol care and 8ttQnln by P*vIding and malnlalnlng resgje humes. rehonkng orolh•r fadlrtles for Ihe recepth)n. caft and IFe8trnenl ol Such ankro18. Thè cash Tesaws 8r8 In ordor to provlyè funds lo m88t future o)mmitm6nt Tack O A Tyack (J O A Tyack For And on behall ol Iht TnJ$t¢•$ n 25, 2025 14..53 GMT+ll Page 3
SUNSHINE CAT RESCUE INCOME AND EXPENDITURE ACCOU14T lor the year ended 28th February 2025 2025 2024 TURNOVER Homing Ev&nts Donations SponsorBhp Gift Aid Granl 12,09S 4,925 10.811 2.414 8,407 3.SOO 4,295 16.044 55 11,168 4,789 12.228 1.706 9,282 1,000 4,425 339,901 65 200 Club Other M8mberBhlp 82,546 384,S64 Olh•r Incom• Gains I (Lossl on Novw Inveslm8nt Interest Inco 28,133 22,730 1,7SS 24,485 34,032 LESS: EXPENSES Vet 64,427 4,906 2,011 298 330 Sg,S94 5,161 1.289 78S 315 68 2.832 1.681 18,S87 7,875 583 1,616 502 2,079 1,141 1,384 120 695 Suppl108 Prlnling. Posl89ts & Slationery Stall Fe Sales AKIS veh Insuranc Food AdvertL8in9 Llght & H8at Other Repairs & RenewalB Gar8aè Rental Telephts¢te 200 Club IT Soft4pre and CK>nsum?bles Audil & A¢counlanoy Fees Legal & Prolotssbnal Feos Paypal Fees 88nk Charges Oepreualn of Computer Equlpment DeptsCtI7tt of K*)tor Vehide Depmciaton of Officè Equipmenl 3,254 2,001 16.378 200 1,158 1,882 2.344 1,998 1,007 1,517 570 700 91 175 103 91 569 95 52 759 60 106.061 107,281 SURPLUSIIDERan FOR THE YEAR 9,483 301,768 Page 4
SUNSVINE CAT PESCUE BALANCE SHEET as at 28th February 2025 2Q25 2024 FIXED ASSETS T8noibl8 Ilxad ¥$8els Investrronls 2,305 554,863 2.820 422.730 CURRENT ASSETS Bank Aceount 8grtays Currant Account CAF Cash Account CAF Gold Account Vtsgin Savings Aeo)ynt Paypal Ac¢ount Cash Account The cprat• Current Account SCR United Tfust 8onk VAT refund 15,238 19,966 81,337 81,857 16,055 200 3,639 80.000 3.119 260,779 80.760 9,480 200 3,639 80,000 3.627 301,409 438,485 LESS: CREDITORS WE VITtrMM 014E YEAR Cr•dllors and Acw8 4,S45 520 NET CURRENT ASSETS 296,865 437,96S 854,033 863,516 REPRESÉNTED BY ACCUIIULATED FUND Balance as at 1st 2024 Surplu8 lor thè year Balance as at 28th Febwary 2025 863,516 9,483 $61,748 301,768 854,033 863.516 Totsl Cai*l 854,033 863.516 Pa5
SUNSHINE CAT RESCUE ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2025
INDEPENDENT EXAPANERS REPORT TO THE TRUSTEES OF sut48HINE QAT RESCUE INl•p•nd•nt •xmln•f¥ r¢portto th• Tr008 of Sun8hln• Cat Ro$CU• I r8POrt tsrF th8 financol statennts of the charitab Inc#)ord[8d oryanisatn for th• year6ndad 28th F8bN&ry 2025. whKth are sel out on pages 4 to 5. This report Is mad• sotety to the tharity's Trustees, as a btsdy, wi acconl8n( wlh seotlon 145 of the Chant1è8 Act 2011 ¥nd rnguLqtlon8 made undor sectKJll 1S4 of Ih8l Acl. W work h88 beèn tsndertaken SO Ih8t I mkJht slate to the ¢hariiy's Trusi¢¢s those mattera l am qUired to $t8te lo Ih¢m in an Indèpend•nl èx8nHnerfs Mport and IOT no oth&r purposè. To tha lull•st extènt p8mitl6d by law, I do not accept or assumtr rg8ponslJthy to anyon• oihar than thè dJ8Trty and th8 chartys TnJsièos as 4 body, for my work or lor Ihts report. The financial stalerfnts have btsèn prepar6d •ccordaneè K4th Accounting and R8POrtkng by chari1$ prBpathg thair accounts In 8cTr)rdanc& wrth th8 Fh)and81 Report9 StandBtds applcab ih the UK 8n%J Republk OF Ireland IFRS 1021 In pr¥feTrnce to th? Attounling and R&porting by chari18.. Statgwont ol Recommonded Pfaclix Lssued on 1 Aprl 2005 is referred to In th8 extant regul8tbn$ but ha8 begn wthdrawn. has b•&n done in Oal for the account$ to Pff)vide a Irue and f8tMew In accord8n¢o vith tho Gen&r8lly Aecept•d ArLounling Prn¢te eh¢lke for mporting perkJd$ ba9i)nkn9 on ths) allèr 1 Januèry 2015. R•p8cllv• ¥•pon•lbllllé• of tru•t•aa examlmr The chohiy's TNstee6 are responsible for Ihe preparat)n ol the ffftanc181 st8tannts, and they ¢onsKltr th81 an audit IA Thot requkod for Ihis year undar 144121 of tha chart1& Act 2011 lih¢ Act) and that an Indèpendent Ls nè¢dèd. It18 my rp8ponsJthty to.. 8xarrine th• lin4nwl 8talem•nlJ under s•ctb)n 145 of th8 Act., lomow lh& procedurp$ la¥J Llown h th& 9en8rn1 Llffj¢tion$ gen by thg Chadty Ci)nNiknk>n under $•ctn 14515Xbl of the A,. an¢J 8tat• whether p•rdcular matt&vs have to my att8lltlon. BaJbl of Indop•nd•nt M•mln•r'A r•port My 8xanin8tlon wa8 trItd out in accord8nce wilh thé Ganafal Oirectlons yen by Iho Charity Commissh)n. An examlnation inckndes a revw of the a¢UtIng e0t}S kept by th& charfty and 8 conpaiison of thè financial stattmenls pr8senl&d With thosè records. It also indudes con$KJoratlon of ny unusu81 items or (Jis&Jsures in the financial slal¢nnts, and seekkng explanatbns from YOU as IDJstèe$ eoncemlng any such matters. The pweedures undertaken do not PIDde au the eVen¢t that r)U1 b& quIr6d in an audit. and consequenlly no opinion is to vthelher the fin8nGial statements prasant a 'tè and lairviov/ and thè report 1$ lknited to those Malte set out in the slaten*nt below. Pagtr 1
INDEPENDENT EXAMINEIVS REPORT TO THE TrUSTEES OF SUNSHINE CAT RESCUE IMnd•n1 •x•mlrnf• •tatsm•nt In connectkjn wth my axanMn8tbn, no m8ttèrha8 me to my attentlon.. (1) mthlch give8 me rea8onabl8 cause to bèkve thal in any malerlal rg8pgcI the requknmènts.. lo keep accounth)o raconls in Accordance wtth section 130 of the Chantlès Act, and lo Prepa fiF)ancial statements vthi¢h accord Ihe accountlng records, Aea)unting and Reportkna by Chanties preparing Ihelr ac<x)unts in accordarnc8 with the Finanaal Reporting Si8nda¥d in the UK and ftepubI of Ireland <FRS 10218nd th othèr r8spe¢t8 cornpty wth the Ae£ounting requwemenls of the Act. hove noi beon ffet,. or {21 to whth, In rrry opiion, gllèntk)n shou b8 dravm in ord&r to •nabl& a propor under¥landing of thg to be r•ach•d. Thè Fossewèy Psacti¢e Lwnrted oriice 3, Balslord Estalo 4orelon In Matsh Glou¢es16rshlrè GL56 9QF 08tèd'. 18 June 2025 Pa9è 2
SUPISFINE CAT RESCUE ANNUAL REPORT FOR THE YEAR ENDEO 28th FEBRUARY 2025 Sunshine Cat Rèscuè. 12 Insall Road. Chipplng Norton, Oxon OX7 5LF is reg1stod wrth the ¢h$rily Commissw)nets INO. 11548761 and constituted by Doed of Tnjsl. TNst$$ O A Tya S C Newltt G M Hauio The obJpct of th& th8ry1g relievlig tho gufforing of and kttl•ns in n&8d ol care and 8ttQnln by P*vIding and malnlalnlng resgje humes. rehonkng orolh•r fadlrtles for Ihe recepth)n. caft and IFe8trnenl ol Such ankro18. Thè cash Tesaws 8r8 In ordor to provlyè funds lo m88t future o)mmitm6nt Tack O A Tyack (J O A Tyack For And on behall ol Iht TnJ$t¢•$ n 25, 2025 14..53 GMT+ll Page 3
SUNSHINE CAT RESCUE INCOME AND EXPENDITURE ACCOU14T lor the year ended 28th February 2025 2025 2024 TURNOVER Homing Ev&nts Donations SponsorBhp Gift Aid Granl 12,09S 4,925 10.811 2.414 8,407 3.SOO 4,295 16.044 55 11,168 4,789 12.228 1.706 9,282 1,000 4,425 339,901 65 200 Club Other M8mberBhlp 82,546 384,S64 Olh•r Incom• Gains I (Lossl on Novw Inveslm8nt Interest Inco 28,133 22,730 1,7SS 24,485 34,032 LESS: EXPENSES Vet 64,427 4,906 2,011 298 330 Sg,S94 5,161 1.289 78S 315 68 2.832 1.681 18,S87 7,875 583 1,616 502 2,079 1,141 1,384 120 695 Suppl108 Prlnling. Posl89ts & Slationery Stall Fe Sales AKIS veh Insuranc Food AdvertL8in9 Llght & H8at Other Repairs & RenewalB Gar8aè Rental Telephts¢te 200 Club IT Soft4pre and CK>nsum?bles Audil & A¢counlanoy Fees Legal & Prolotssbnal Feos Paypal Fees 88nk Charges Oepreualn of Computer Equlpment DeptsCtI7tt of K*)tor Vehide Depmciaton of Officè Equipmenl 3,254 2,001 16.378 200 1,158 1,882 2.344 1,998 1,007 1,517 570 700 91 175 103 91 569 95 52 759 60 106.061 107,281 SURPLUSIIDERan FOR THE YEAR 9,483 301,768 Page 4
SUNSVINE CAT PESCUE BALANCE SHEET as at 28th February 2025 2Q25 2024 FIXED ASSETS T8noibl8 Ilxad ¥$8els Investrronls 2,305 554,863 2.820 422.730 CURRENT ASSETS Bank Aceount 8grtays Currant Account CAF Cash Account CAF Gold Account Vtsgin Savings Aeo)ynt Paypal Ac¢ount Cash Account The cprat• Current Account SCR United Tfust 8onk VAT refund 15,238 19,966 81,337 81,857 16,055 200 3,639 80.000 3.119 260,779 80.760 9,480 200 3,639 80,000 3.627 301,409 438,485 LESS: CREDITORS WE VITtrMM 014E YEAR Cr•dllors and Acw8 4,S45 520 NET CURRENT ASSETS 296,865 437,96S 854,033 863,516 REPRESÉNTED BY ACCUIIULATED FUND Balance as at 1st 2024 Surplu8 lor thè year Balance as at 28th Febwary 2025 863,516 9,483 $61,748 301,768 854,033 863.516 Totsl Cai*l 854,033 863.516 Pa5