COMPANY REGISTrATION NUMBER: 07834478 CTrL4RITY REGISTrATION NUMBER: 118eon THE TREASURE IN CLAY INTERNATIONAL Company Llmlted by Guarantee Unaudited Financial Statements 31 May 2024 G A HARRIS & CO UMITED Chartered accountants Brulimar House Jubileo Road, Middleton, Manchester England M24 2LX THE TrEASURE IN CLAY INTERNATIONAL Company Llmltad by Guarant•• Flnanclal Stat•monts Y•ar ond•d 31 May 2024 Pag• Tru8tees' annual rnport (Incorporatlng the directof8 report) Independent examlnerfs report to the Iru8te88 ststement of Ilnanclal activille8 (includlng Income and expendlture account) statement of flnanclal posltion Notes to the Ilnanclal statements THE TREASURE IN CLAY INTERNATIONAL Company Umltod by Guarantse Tru•t•as' Annual Roport (Incorporatlng the Dlr•ctorfs R•port) Y•ar •nd•d 31 May 2024 Th• tru•t••8, who arn a180 th• dlrector• for the purprAe8 of cOmp￿Y knv. pment thdr r•port and the financlal Jt8t8m8nts cf the charty for tho year •nd•d 31 May 2024. R•f•r•nc• •nd admlnlBtrnfjv• d•tall• R•gl•t•Md charlty nam• THE TREASURE IN CLAY IKfERNATIONAL Charlty r•gl•trallon numb•r 1156073 Ctynpany r•gl•tr￿1on numb•r 07634478 PrIncI￿1 offk• and r•gl•t•v•d 55 Mead(yW Rowd offl¢• 6alford England M6 8DG Th• Iru•t• Sadlq Nour• Sadlq Ramq Danlel Olal•kan Ajayl Ad•bola Dally Obh•n Soloman S•yl OblB•n Ind•p•nd•nt •xamln•r Qary Harr1• G A Harrlj and Co. LTD Brullmar Hou Jublleo Road, Mlddlolon, M•nche8tor England 24 2LX 8tructur•. gov•minc• and m•n•gwn•nt Th• Tr•••ur• In Clwrf Internallc￿&j 18 conitltuted by th• memorandum ind artldo• Incorpty•tsd 1W5R011 a• amondod by 6peclal reeolutlon regl•t8r8d at cory•nl•• houaa on OW12r2013. It wa8 Incryrntod on 1PJ06r2011 •• a compMy and th• compwy numb•r18 07834478. On Iho 10 March 2014, tho ¢crfnp•ny wao prant•d charrtable •tatU8 by tho Charlty Cunml88lon of ENJl•nd and Wal•8, charty numb•r 1158073. Rocrultmonl and appolntmant of new ff*mbern would be In Ilno wlth the trust d•8d arKI wlth thè conmnt of tho m•mb•rn. Th• Grlterfa 8et for tho wltabh ¢•ndldal• wruld b• •omeon• who l• Mn•lUv• to t need8 and d•mand• of the orpanA8Atlon. THE TREASURE IN CLAY INTERNATIONAL Company Llmtted by Guarnnt•o Tru•t•u' Annual R•port Oncorporadng th• Dlr•ctof• PAport) Y•ar •ndod 31 Mry 2024 0¥•￿ and #tMtIo• Thè oblxi of tha eh•lty b to ad¥anc•th? Chthfjan flllh lor the publlc bernlL p•rU¢ularly In the SeKNd •rn• of M8nchMt•r. Th• plnc4)al athNle8 of Ihe charity contlnue io be wovlslon Lrf rellgloui •dlthi. thLYch ifThlc88, coun•ellng. i•nlnarn and ath•r coffrtNnlty bamd ler￿ce1. Tt* fo10￿￿ty Mdlona for athev•mwts arnl pwlDTrnrth •NI fin•nc*l reth ftrm tho •lratagk IW>Ort oftt* Gharty. A¢hknvMn•nb and p•rfonn•K• Tho T•cdv•d £6DA23 In dongtlM8 dtrtry th• p8rfod, £450 fftsm EX￿ld[rfj ￿nd £17.1ry94 kn roittal ItKorn. TTr￿ company eX￿ded £73,$88 Th1• 98nwaled e deficil of £5.121. Tho ¢arrlod fomrd at th• •nd of 31st May 2024wai £89,ST9. FIMncl•l r•vl•w Th• rrfflibern feel th•t Ihe MmpAny •ucr*MfvI In nwelSTrJ alnw. The Ilk• to r•cord th•lr •ppr•d•tlon for •ll th• frnnd•l ru*lwAI torn b•nof•thrn dwlw the p•rfod. Tho InMtoeB' arn￿1 report •nd th• •trat•gk rnp¢xt ￿r• approv•d on 27 Febn*ry 2026 al￿ •lgrnd on behalfof the board oftruthm by: 8ok)mAn * Oll• TnJ•l•e THE TREASURE IN CLAY INTERNATIONAL Company Urnltsd by Guarants• IndO￿ndont ExamlnoV• Roport to th• Tru8t••• of THE TREASURE IN CLAY INTERNATIONAL Y•ar éndod 31 May 2024 I report to the trU￿ee8 on my examlnatlon of th• Ilnanclal stataft￿nts of THE TREASURE IN CLAY INTERNATIONAL {Ih• charfty'> for the year ended 31 May 2024. R••pon•lbllltlM and ba•1• of r•port A8 th• tru•t••8 of the company (and akno 118 dlroctorn for tho purpo•M ol company Iw) you ar• re8pon•lble lor tho pryrallon of thè finlnclal •tatsm•nt• In ac￿rdan￿ wllh th• rnqulrnm•nts of th• Compan1•• Act 20Cfj (Ihe 20(% Act.). Havlng 8atl8lled my••lf that th• ac¢ount• of th• c¢)mpany ar• nat r•qulrnd to bo audlt•d under Part 16 of tho 2006 Act and •rn ollglble lor Ind•p•ndent examlnatlon, I r•port In ro•pect of my examlnatron ol th• ¢hartty'8 account8 a• ¢arrl•d out und•r oectlon 146 of the Charltlo• Act 2011 (Ih• 2011 Act,). In carylng out my •Xarnlnat1￿ I hav• follxed tho Dlr•ctlon8 gfv•n by th• Chwlty Commlulon undw ction 145(5)(b) oltho 2011 Acl. Ind•p•nd•nt •x•mln•rf• •tat•m•nt I hav• complotod ry •xamlnallon. I confinn that no mattorn to my att•ntlon In conn•Gtlon wllh th• •xamlMllon gmng me cou•• to bdlevo: accountlng r•cord• w•r• not In rn•p•at of th• charlty u Mqulr•d by •¢olkn 388 of th• 2008 Ac(. or Iho Iln•nol•l •tat•m•nt• do not accord wllh thom r•cord•; eA 3. th• financl•l •tat•mont8 do not comply wlth th• accountlng rnqulr•rrnnts of *￿￿on 398 olth• 2008 Act oth•r than any roqulremont th•t th• •¢counts gfv• a 'true arKI f•lrf vlw whkh h nol matt•r con8ld•rad •• part of an Indopond•nt oxwnlnatlon,. or the tlnanclal •tst•rnonti hm not beon prepared In accordan￿ wllh m•thod• and pdnclple• of th• 8tatom•nt of R•commond•d PraGIIGO for acc¢untlng and rnportlng by charltlo• applknblo to charltlei pr•parfng thdr •ccounl8 In ￿OrdIne• wlth the Fknancl•l R•portkng Standard appllcabl• In th• UK and R•publlc of Ir•land (FRS 102). THE TREASURE IN CLAY INTERNATIONAL Company Umltsd by Guarantsa Ind•pgnd•nt Examlnorfs Report to th Trurots•8 of THE TREASURE IN CLAY INTERNATIONAL (¢onthu• Year •ndad 31 May 2024 I haw no ¢oncwn• and c¢xne acrom no othr matter• h conn•ctlon wlth tho •XamInall(￿ to whlch attenllon should be drown In thls rep(xt In ord8r to onabh a proper und•r•t•ndlng of tha accounts io be Gary Harr1• G A Haffl• and Co. LTD Ind•pond•nl Examlnar Brullmar Hou1• Jubll•e Road, Mkldhlon, manCh￿ter England M24 2LX 27 F•bruary 2025 THE TREASURE IN CLAY INTERNATIONAL Ccffipary UM1t￿ by Guarants• Stat•m•nt of Flnanclal Actlvltl (Includlng Incom• and •xp•ndltur• account) Yoar ondod 31 May 2024 2024 UnrnBtrlclod Re8trict•d fundi nd8 Tolal fundl Total fund• 2023 Incom• and •ndovmi•nl• Donatlon8 and logaGle• Othar tradlng acthltl Total Incom• 50.423 17.594 88,017 450 50.873 17.594 19.789 450 Exp•ndltur• Expendlture on chartlabl• actfvw Total •xp•ndltur• 73.588 73,688 73.588 73,588 81.438 61,438 N•t (•xp•ndltur•yln¢om• and n•t mov•m•nt In fund• (0,671) (5,121) 35,398 R•con¢lllatlon of lund• Total fund• broughl forward Total fund• carrl•d foThva 74,700 69.129 74,700 89,579 39,302 74.700 Th• •tatemont of financld a¢llvitl•• In¢lude• an galn8 and IDM•• r•cognlMd In tho y•ar. All Incom? and expondltur• d•rlv• from contlnulng aCtlvttl￿. Th• nota• on p41• 8 to 15 forni p•rt al thM• flnanolAI •tal•rn•Tht•. THE TREASURE IN CLAY INTERNATIONAL Company Limited by Guarantae 8tatom•nt of FIl￿nCIal p￿ItIOn 31 May 2024 2024 2023 Flx•d a•••t• Tawlblo f￿d a88at8 12 360,915 345.839 Curr•nt a•••ts 13 23,198 11,138 10,983 29,472 45,455 Calh at bank ond In hand Crndllor•: •mount• f•lllng du• vAthln on• y•ar N•t curr•nt M••t• 14 870 33,884 384,679 44,081 389,700 Totsl a•••ts l••• currnnt Ilabllnl Cr•dltorn: •mounts falllng du• •ft•r mor• th•n on• y•ar 315.000 69,579 315,000 74,700 Fund• of th• ch•rfty Re8trl&ed fund• Unr••trfct•d fvnd• 450 89,129 89,579 74,700 74,700 Tol•l ¢hirfty fund• For th• y•ar •ndlng 31 May 2024 th• ¢h•rfty wm •ntlU•d to •x•mpllon from audlt undw ••ctlon 477 of tho Compan1•• Act 20￿ r•latlng to •mall companl••. Dlr•ctor•' ro8pon•lbllltlM: The m•rnber8 havo nol Mqulr•d th• company to obtaln •n iudlt of h flnanclal Stal￿7•ntI for lh• yoor In que8tlon kn accordan￿ wlth •eGtlon 478: The dlr•ctor• aCknth￿edqo tholr M8pon•lbllMe• forcomplylno wllh the rnqulrem•nti ofth• A¢t wlth reop•cl to accountlng record• and th• preparakn of flnandal •tat•m•nt•. Tha￿ Ilnanclal 8tatemont8 h•v• bwn pr•parBd In accordanc8 wlth th• provl8lon• applk•blo lo cwnp•nl•• •ubJ•ct to th• 8mall cornpanlo•' r•glmo. The statement of financial position continues on the following page. Th• nots• on pAo•• 8 to 10 fom) p•rt of th••• flMnel•l •t•t•m•nl•. THE TREASURE IN CLAY INTERNATIONAL Company Umltgd by Guarantsg 8tatoffvJnt of FlnancLql p￿ItIon (eanthu•dJ 31 May 2024 Th880 flnandal stalen￿rtI wer• wyrowd by the of trU•tee• authorfwl ts Iw (m 27 F•bruary 2025, aThJ are ￿gned on bohall ol tho board ty: Soloman seyl Obl8an Th• not•• on 1 eo 151orni PArtd thw•llMnBlal •tatsm•nl THE TREASURE IN CLAY INTERNATIONAL Company Llmlt•d by Guarantsè Not•• to th• Financlal Statsmenta Y•ar ended 31 May 2024 Q•n•rnl Inforniatlon The ch8flty18 a publk benofft entlty and a prlvat• conwiny Ilmlttsl by gu•rante6, rngllternd In England and Wal08 and a r•glgt•r•d charlty In ENdland and Walo•. Th• addro88 of th• r•gl•t•r•d offke l• 55 m￿doW9atO Road, Salford, Ewland, M8 8DG. 8tat•m•nt of compll•nc• Th6M Ilnanclal •tat•m•nlB hav• be￿ pr8pw•d In compllane• wtth FRS 102, Tha Flnanclal R•portlng Standard applcabl• In the UK 8Jnd the Republk of Iroland,. tho Statoment of Rocomm8nd•d Prnctlc• •ppllcabl• to charWe8 prnparfng th•lr account8 In accordanc• wlth th• FknanGlal Roportlng Standard applloablo In the UK and Republlc of Ireland (FRS 102) (Charltl88 SORP (FRS 102)) and th• C(mpanle• Ad 2CQ8. A¢¢ountlng polkl•• Ba•1• of pr•pvatkni The flnancl•l •tat•m•nt• ha￿ bo￿ pMpar•d on th• h1•lorI￿1 ¢o•t ba•l•, a• modM•d by th• r•valuatlon of c•rt•ln financlal a•••t8 and Il•bllltl•• and In￿OIMent prcporU•• m•A8ured at falr vAlu• through Incom• or •xp•ndllure. Th• flnandal 8tat•m•nl• arn Fryar•d In •t•rllng, whlch l• lh• fvnctbnal curr•nw of th• ontlty. Oolng conG•m Th•rn ar• no mot•rf•l unc•rtalntl•• •bout the ch•rW• ablllty to coThtlnue. Judg•m•nts and k•y ￿Ul¢•I ol ••tlmatlon unc•rtalnty The pr•paratlon of tho flnancknl •tal8ment• dld not rnqulrn manw•m•nt to mok• jUdg￿nentl, ••tlmAt88 or a•wmptloni that aff•¢t th• amounts rnp¢rted b081de• tho dqjroclatlun on fixod a•••ts. Fund a￿untIng Unre•trlthd fundi are avalknblo for u•• at the dkncrth of th• truIt•￿ to furth•r ony of the charltyl purpoM8. Dwlgnatad fund• ar• unr••trld¢d fund• ￿rmarked by th• tru•taM for partlcular firturo proJ•ct or ¢ommFtrMnt. R8•trlcted fundB ar• 8ubJocted to ro8trktlon8 on thok w•ndttur• dxl•r•d by the donor or through the temm of an appeal, and fall Into one of Iwo 8ulkcla8•0•: restrlcted Inccm• funds or endowm•nt fund8. THE TREASURE IN CLAY INTERNATIONAL Company Lirnlted by Guarnnteo Notes to the Flnanclal Stat•m•nts ts Yoar •nd•d 31 May 2024 Accountlw poll¢l•• {¢onthwdJ Incomlng r••ourc88 All Incomlng rthourcm ar• Includ•d In the 8tat•m•nt of flnanclal acllvRl•• when •nthm•nt ho• pa88ed to tho charmy, It18 probable that tho ￿on(￿n￿ b•n•fft8 8880clqtod wlth tha trnnMctlon wlll Ik￿ lo th• charlty and tho •mount c•n ￿ r•llabty mM8urad. Tho folowlng ip•cllk polkl•• arn applE•d lo partlcular ¢at•gorn8 of Incom•: IrKoma from donatk)n• cr grants h r•cognl8ed when th•re l• •vid•nc• of entitlmnart to the glft. rncolpt Is probablo arKI It• amount ¢•n b• m￿ured rnllably. l•gocy Incom• h r•cognlMd when r•c•lpt18 probabl• and •ntiU•mont l• 08l•bll8h•d. IrKom• from donal•d good• l• mM•urod at th• lalr volu• of tho good• unl••8 thh l• Impr•ctlcd to M￿•ure r8llabty. In whlch tho volu• i• derlv•d from tho ¢￿t to tho donor or tM 08tknat•d rn•al• valu•. Donat•d fac111￿￿ and Borvlc•i •r• rwnlaed In th• accounta when r•c•N•d 11 th• valu• Gan b• r•ll•bty m•a•ur•d. No amount• •r• Includ•d for t contrlbutlon of gM•rnl volunt••r•. Income from contr•cts for tho •upply of 8•rvkoJ 18 r•cognl••J wllh the d•llv•ry of the contradod •ert•. Th18 18 cla•thod •• unr••trlct•d fund8 unl•8• th•r• l• a ¢ontrndu quIrnm￿l for tt to b• 8p•nt on a pathular purpo80 and r*umed If unip•n( In whlth ca•• tt may b• r•gard•d a• re8trfctsd. R••oU￿￿ •xp•nd•d Expendftur•18 r•cognts8d on an accrual• b*81B a8 a Ilabllty14 Incurr8d. ExpMdltur• Includ88 any VAT whlch cannot be fulty r•covered. and l• clM•llled under he•Jlng• of the •t•tom•nt of flnancl•l aGtlvttl8• lo whlch tt rnlat••: •xp•ndKurn on rnl•lng fund• Includu th• ￿•t$ of all fvndralBkng actlvltlo•, w•nts, non. charftabl• tradlng actlvltlo8, ond tho •alo of donated qood•. •xpendlturn on charn8bl8 actfvttl81 Include8 all colts Incurred by a charlty In undortaklng activltl81 that further It8 charttable alm8 for th• ban•fit of It8 bendd•rlo8, InCI￿lIng thoje •upport co•t8 and ￿•t* r•latlng to tho gov•rnance ol tho ch•rty •pportkined to chorltable actlvltkn•. other•yndltur• Indud•i all •xp•ndllur• tFAI l• n•tth•r r•lfit￿ to raljlng fund• fcf the charlty nor port of Its •xpendltur• on eharltabl• acOvltlo•. All costs •r• •locat•d lo qxpondllurn Gat•wxlM r•fi*lng th• u•• of r•wur¢•. Dlr•ct co•1• attrfbutabl• to a slnglo •divty ar• allocatsd dlrnctly to that aCt￿lty. Shar•d co•t8 ar• apportloned b•twwn tho advltl•• thvy Gontrlbute to on • rM8on•bl•, Ju•iinablo and con•ht•nt baoll. Tanglbl• ••••ts Tanglblo as•￿6 aro Inltlaly roc(wthd at ￿•( and •U￿8qUen1IY stated al co•t10o8 any accumulated deprnclatlon and knpalmwnt10o$e8. Ary tanglbl• a•••t• ￿rrIed at rovalued wnounts arn r•cord•d at the falr value at the data of r•valualknn lem any •thequ￿rt aceumulatod depreclolk>n ind •ub••qu•nl acGunwlal•d irr¥>iimwrt k>Mo•. THE TREASURE IN CLAY INTERNATIONAL Company Limitad by Guarant00 Nots• to tho Flnanclal Statsrn•nts (eanOAMd) Year and•d 31 May 2024 Accountlng pollclm fconthw¢ Tanglbl• a•••t• (cothu•d) An Incrnaa• In carryltvJ •nM)unt of •n M••1 a8 4 rnsult of a rnvaluatlon,18 rxognkned In othr rwnlwd galnl •nd bMe8, unl•8811 revern•• a for Impalrmont that ha8 pr8vknu•ty b•en rncognl8od a8 oxp•ndlturn wthln t￿ Slat￿en1 of flnancSal aGtlvltlo8. A deGrna•• In th• carrylng amount of an 88set 88 a rn8uIt of r•valuatlon, 18 rncognloed In oth•r recogn10￿ galn• and lom￿, xcept to whlch It Off￿ any pr•vlou8 rovaluatlon galn, In whlch cae• tha los$18 8hvMI wllhln cth•r r•cognh•d galn8 and lo8•￿ on th• •tat•Mo￿ of flnanGlul D•pr•¢l•tlon Depr•clalbn l• cakulat•d •0 •• towrft• off tho COBt or voluallon of an •B••t, lui It• rn•ldual value, over tho ue•ful •conomlc Ilfe of that ao f¢ll¢M•: Plant arKI machlnery 20% rnduclng b•lanc• ImpAlrnMnt of flx•d a•••t• A rnvlew for Indlcatorn of Impalmi•nt li carrhd out at each rnportlng dato, wfth Iho r•cov•r•bl8 •mount b￿ng 08tlm•tod wh•r• Such Indlcator• •xl•L th• carrylng value exc••d8 tho r￿0ver•b￿ •moun( tho a••et 18 Impalred accordlnqly. Prfor knpalmi•nl8 ar• al•0 for po••lblo roverMI at PA¢h r•portlw dat•. For purpo8e• ol Impalrm•nt tutlnq, whon It l• nat po••lblo to wlknal• th• r•cov•rabl• pAnount of an Indfvldu•l a•••l, an •illm•te18 mad• of tho racovorablo amount ol th• Ca8FFq￿raIIng untt to whlGh the a•801 belongj. The ¢uh*enoratkng unll h the •malle•t Idenllfioblo gn)up of •••et• th•t Includ•8 t￿ •M•t •rKI gonfAate• ca•h Infim that l•rgoly Inde￿d￿t of the calh Infi(Av8 lrnm oth•r •Mot• or grcup• of a•••l•. For IMp•1m￿nI l••tlng of goodwlll. tho goodwll •cqulrqd In a buJln•8• comblnatlon l•, from th• acqulolllon dat•, alocat•d lo each of tho ca•h*•Mratlng unlt• that ￿ wect•d to b•nafft from th0 8ynorgl•• of th• combln•llon. Irr••pxllv• ol wh•th•r olhor M••ts or Ilabllluu ol th8 charlty aro u8lgn•d to thom untt8. FlnanGlal In•trum•nt• A flnanclal a••et or a flnffflclal Ilablllty li r•cognl•8d onty thèn the ch•rky becom￿ a party to Iho ntra￿lI provhlon• of Iho In•trum•nL B••lc flnanclal In8trument• ar• Inltlally r•cognl••d al th• •mount r•c•lvablo or p•yabl• Indudir ary r•lAtod lrnn••Gtlon eo•t•. Currnnt and curr•nt Il•bllttle• arn lub￿qu￿rtty moa8ured al the ca8h or other con•lderntlon lo be pald or rec￿0d and ncrt dt•counted. Débt In8trum•nt8 ar• •ubi•qu•nly m••wr•d •1 amortl••J ¢o•l. 10 THE TREASURE IN CLAY INTERNATIONAL Company Limltod by Guarant00 Not•s to th• Flnanclal Stat•m•nts (¢on&*u• Y•ar •nd•d 31 May 2024 Ac¢ountlng pollGIM (Mnthu Flnanclal In•trum•nt• (conffnu•dJ •r• Inv••tment8 In •har•• publlcly trad•d or th•lr falr valuo can oth•Thvl8• b• m•a•ur•d rellably, tho Invallmnt 18 •ub8aqu•ntty mea8urnd al f•lr v•luo wtth Chang￿ In falr valu6 r•¢ogn180d In InG(xno and •xp•ndlturn. All other 8uch Inva•tm8nt8 arn 6ub••quonty mea•ur•d at ¢08t lu8 Impalmi•nL Other Ilnanclol Instruments, Includlng derlvatlvo•, •rn Inlllalty recognl•od •t falr v•lue, unle•• paymont for an a88•t18 dofoTr•d b•yond nc¢mal bu81n•8• l•m8 or IlnarKod at • rat• of Intor•8t that li not • markd rate, kn whlch Ca￿ tho a8••t kn m•a8ur•d at th• pre8ent valu• of th• future paymont8 dhcountsd at a m•rk•t rnto of Inlore•t for • •lmllar debt In•trum•nt Other flnanclal In•trumanl• arn •ub•equ•nty m•Mur•d at falr ￿lU•, wlh any changm r•cognla•d In the btat•rn￿ of financlal acllvltl￿, with tho oxceptlon of h•dglng In8tNmont• In • dgjlgnatad h￿qIng raknknlh￿. Flnanclal aM•t• th•t •r• m•AAur•d at co•1 or vnortl••d colt ar• r•thved for obl•ctlv• •vkIo￿• of knpalmi•nt at th• ond of •xh r•portlng data. If th•rn [• abhCt￿ evldonu of lryJalm)•nt, an ImOnMnt108818 rncognl•od und•r tha approprlate headlng In th• 8tat¢mont of flnanclal acUvlUo6 In whlch tho InlUol galn rocognl••d. For all equlty In1tNM￿rt8 rng8rdl••• of 81gn1flcan￿, and oth•r flnanclal M••t8 that are Indlvlduolly BlgnMGint, thfj80 arn a8•o•Bod Indlvlduolty for ImpalJTn•nt. othor Ilnandal auots or• ellhor •J•a•••d Indlvklually or groupod on th• ba818 of •lmllir crndlt rlBk chlrnci•rl•tl￿. Ary r•v•rn•l• ol knpalmxnl mi r•coqnl••d Imm•dlatsty, lo th• •xt•nt that th• r•v•rnal doo• not r•wlt In a carrying amount of th Ilnandal a•••t that •xceed• wh•t th• ¢arrylng amount would h•v• b••n had the Impalm•nt not pr•vlou•ty b••n r•cognl••d. Llmlt•d by guarant•• Tho Trn••uM In Clay Intemallonal18 a rogl•tered charlty ?￿d a company Ilmltad by guarontee and d￿1 not hav• o •h•r• coptt•l. In th• ffiint of th• Charlty b•lng wound up rr￿ber6 4r• rnqulrnd to wftrbut• an amount not exce•dlw £10. Don•tlon• •nd kngacl Unrn•trlctsd Re•tth Total Fund• Fund• Fund• Donatlon• Donatlon$ ReGelv•d Bulkllng Fund 50,423 50.423 45Q Grnnl• BGC Grnnt Arnold Clark Gr•nt 50.423 60,873 11 THE TREASURE IN CLAY INTERNATIONAL Company Llmlt•d by Ouarnnt•e Nots• to th• Flnanclal 8tat8m•nts f*wnlknu•¢ Y•ar •nd•d 31 May 2024 O. Donadon• and l•gKIM (¢onrfM•¢ Unr8•lrkted R•8trlcled T￿1 Fund8 Fund• Fund8 2023 Donatlon• Donatbns R￿1¥¢d Bulldlng Fund ee.116 86,115 Grant• BGC Grant Arnold Clark Grant 9,950 1,000 77,(k35 8. Oth•rtradlng •thttl•• Unrn8trkt•d Total Pund• UnrO￿ktod Total Fund8 Fund• 2024 Fund8 2023 R•nl•l ha¢m• 17,594 17,594 19,769 19,789 7. EXp￿dItUr• on ¢harftabl• aGllvlU•• by fund typ• Unr••trict•d Totsl Fund• Unrn•trict•d Total Fund• Fund• Fund• 2023 Op•ratlrrfJ colts Suppart co•t8 47.992 26,698 73,688 47,992 25,598 73,688 38,514 22,922 81,438 38.614 22,922 81.438 Exp•ndltur• on ¢harftabl• aGtlvltlM by aGtlvlty typ• A￿￿tI•l undertaken dlroGtty Support Totsl fund• Total fvnd 2023 Oporatlng coBts Gov•manc• M•t• 47,9V2 47,992 25,598 73,588 38,614 22,922 81,436 25,596 25,596 47,992 N•t (•xp•ndl￿r•￿7nGOm• Nat (oxp•ndltur•)fincom• i• •tat•d oftar ¢horglngl(crndltlng): 2D24 2023 D•w•cl•tlon of tanglbl• thd a8Mts 3,468 2,149 12 THE TREASURE IN CLAY INTERNATIONAL Company Umlt•d by Guarants• Not•8 to tho Flnanclal 8tat•m•nts (¢￿1 Year ondgd 31 May 2024 10. Ind•p•nd•nt •xamlnatlon fM• 2024 2023 Fw• payabl• to tho Indep•ndont •x8mlnor for. Ind•p•nd•nl •x•mlnallon of tho flnanc￿l thm•nta 556 11. Tru•t•• r•mun•rntlon and •xp•n• No r•rNnorallon or olhw bon•fft• frwn •mploym•nt th th• charlty or a rnlat•d ￿lIty w•rn r•coW by the trul1•￿. 12. Tanglbl• flx•d a•••ts LorvJ Plont and maGhln•ry prop•rty Total Co•t At 1 Jun• 2023 Addttlon• 337,046 18,280 8,744 27,004 365,306 8,744 384,049 At 31 May 2024 D•pr•clallon At 1 June 2023 Charg• for Iho y•or At $1 2024 337,045 9,888 3.488 13,134 3,488 13,134 Cirrylng •mount At 31 M•y 2024 At 31 May 2023 337.045 337.045 13.870 8,594 350,915 345,839 13. D•btorn 2023 Qthor d•btorn 23,198 16,983 1& Cr•dltorn: amounts falllng du• wlthln on• y••r 2023 0th8r cradltorn 870 1,394 13 THE TREASURE IN CLAY INTERNATIONAL Company Umlted by Ouarnnts• Notss to th• Flnanclal 8tatsm•nts (c•nUnu Year •nd•d 31 May 2024 10. Cr•dltor•: amounts I￿lIng du• aft•r rnor• than on• ymr Bank loan8 and ov•rdr•ft• 315,000 315.1)CQ 18. Analy•l• of charlt•bl• fund• Unr••trktsd fund• Al 1 Jurn 2023 At Inwmo Exp￿dIture 31 May 2024 Gen•r•l fvnd• 74.700 88,017 <73.588) 69.129 1 Juno 2022 Incorm eXp￿dItU￿ 31 May 2023 G￿0￿1 fundB 98,834 (61.438) 74.700 R••trfct•d fund• At Incom Expondlturn 31 May 2024 1 Jun• 2023 R￿trIct•d Fund 1- d••c In 450 450 1 Juno 2Q22 Incom• Expondllur• 31 May 2023 R•8trlthd Fund 1- d••c In •Jc• 14 THE TREASURE IN CLAY INTERNATIONAL Company Llmlted by Guarantee Not•s to tho Flnancial Statomonts (conthu•dJ Y•ar ended 31 May 2024 17. Analy•lB rf n•t 41••ts ba¢w••n fund• Unre8trfcl•d T•)tal Fund• Fund8 2024 Tanglbl• flx•d a•••ts Current a88et8 Cr•dltOrn gr••t•r than 1 y•ar N•t a•••ts 360,915 350,915 33,884 33,664 (315,000) (315,0(x)) 69,579 ,579 Unr••trlct•d Totsl Fund• Fund8 2023 Tanglblè thd aM•ts Current a88d1 Credlt(Y8 grnat•rthan 1 yur 346,839 345,839 44,061 44,061 (316,000> (315,000) 74,700 74,7LV)