Charity number: 1160941
FRIENDS OF THE FRIARAGE
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Armstrongwatson,
Accountants, Business & Financial Arjvisers

FRIENDS OF THE FRIARAGE
CONTENTS
Page
Reference and Administrative Details of the Charitable incorporated organisation, its
Trustees and Advisers
Trustees. Report
Independent Examiner's Report
ststement of Financial Activities
Balance Sheet
Notes to the Financial Statements
8-22

FRIENDS OF THE FRIARAGE
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE INCORPORATED ORGANISATION,
ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
S Watson, Co chaI￿nan
Dr A Walters, Co Chairman
Prof M Bramble, Trustee (resigned 31 March 2025)
D Brearley. Trustee
J Dixon, Trustee
A Finlay, Trustee
S-J Harrison. Trustee (resigned 21 September 2025)
Dr N Palmerfey, Trustee (appointed 1 April 2025)
S Jamieson, Trustee & Treasurer
B Bell, Trustee
K Nelson, Trustee (resigned 3 May 2025)
L Proud, Trustee
J Scribbins. Trustee
A Young, Trustee (appointed 31 July 20251
Charity registered
number
1160941
Principal oiTice
R¢)om 47, Admin Building
Friarage Hospitsl
Northallerton
North Yorkshire
DL6 1JG
Accountants
Amistrong Watson LLP
Chartered Accountants
York House
Thornfield Business Park
Northallerton
North Yorkshire
DL6 2XQ
Page 1

FRIENDS OF THE FRIARAGE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report together with the financial statements of the charitable incorporated
organisation Friends of the Friarage for the period 1 April 2024 to 31 March 2025. The Trustees confirm that the
Annual Report and financial statements of the charitable incorporated organisation comply with the current
statutory requirements, the requirements of the charrtable incorporated organisation's governing document and
the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS102) {effective 1 January 2019).
Objectives and activities
Policies and objectives
The object of the charity is to relieve patients and fomier patients of the Friarage Hospital and Health Centres in
the Hambleton and Richmondshire district. who are sick. convalescent, disabled, infirm and, generally. to support
the charitable works of the said Friarage Hospital and the Health Centres in the Hambleton and Richmondshire
district.
b. Activities undertaken to achieve objectives
This is achieved by providing a shop serwce for the benefrt of staff, patients and visitors to the hospital,. the
provision of gifts to patients and the purchase of essential equipment and facilities as agreed with the hospital
trust via a range of fundraising activities.
Achievements and performance
. Achievements
The focus of activity in financial year 2024-25 Krds the fundraising drive to raise £200,000 to purchase specialist
equipment to support the eye service at the Friarage Hospital. By the end of March excellent progress had been
made and during summer 2025 the total was achieved and the equipment purchased.
In addition to this targeted fundraising, the charty continued to support staff and clinical services with small
grants. All those staying ovemight in hospital on Christmas Eve received a gift from the charity.
Financial review
. Going concern
The strength of support sh¢Jwn by the local community to support fundraising for medical equipment as
demonstrated throughout 2024-25 has indicated that this is a charty that has a strong position in the local
ommunity- Combined wth a prudent approach to financial management the Trustees conclude that the Charity
has sufficient resources to continue in operational existence for the foreseeable fLrture and continue to adopt the
going concern basis in preparing the financial statements.
Page 2

FRIENDS OF THE FRIARAGE
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
b. Reserves policy
The provision of funds to care for patients and to provide items for specific projects is undertaken when the
needs are identified by the Health Trust. The reseNes policy therefore must be consistent with smoothing the
peaks and troughs of income and expenditure.
The Trustees feel that it is prudent to hold free reserves to cover known liabilities, potential redundancies and
other costs that may occur in the wnding up of the charity and have identified this sum at £89,345. As at 31
March 2025, free reserves (unrestricted general fund less tangible fixed assets and stock) of the charity are
£572,041 and are above the required reserves level.
The Trustees allocated at least £100.000 in the budget for 2025-26 for expenditure on items identified and
requested by departments wthin the Hospital.
c. Principal funding
Apart from the income generated by the shop. the principal funding sources are those from fundraising events,
donations and legacies from the local community- This by its very nature varies from year to year.
Structure, govemance and management
. Constitution
Friends of the Friarage is a Charitable Incorporated Organisation (CIO) and is constituted under a Trust Deed
th registration number 1160941.
b. Methods of appointment or election of Trustees
Members of the management committee vtho are Tnjstees for the purpose of Charity Law, who have served
during the period are set out in the Trustees Report. The committee is elected by Trustees of the Friends and
each year one third retire and may be put forward for re-election. New Trustees are actively encouraged from the
local community.
c. Financial risk management
The Board of Trustees meets on a regular basis. normalty every two months, offering in-person and online
meeting options. Our financial position is reviewed via dedicated finance committee meetings and regular
reports by the Treasurer to the full Board of Trustees. In February 2025 we held a strategy development
meeting wth all trustees. This included a robust analysis of our current financial position and intended
expenditure. Our plans and intended expenditure are set in accordance wth our available funds.
The Trustees have assessed the major risks to ￿1¢h the Charity is exposed, in particular those related to the
operations and finances of the charity and are satisfied that systems and procedures are in place to mitigate our
exposure to the major risks.
Page 3

FRIENDS OF THE FRIARAGE
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Plans for future periods
The Charity plans to continue its present actiwties in the future. Funds are available to meet future needs where
these have been identified.
In 2025-26 the Charity continues to work the Hospital Trust to develop and implement an agreed investment
plan. In the first half of the year this continued to focus on the largevscale fundraising challenge for specialist eye
surgery equipment while maintaining a range of smaller opportunities that appeal to local community fundraisers.
State-of-th&art computerised cleaning equipment was purchased to support infection prevention control in the
Friarage Hospital. Followng the restructure of the hospital management team, discussions are underway wth
the clinical teams to explore how best the Charity can support them.
Statement of Trustees. responsibilities
The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for
each financial which give a true and fair view of the state of affairs of the charitable incorporated organisation
and of its incoming resources and application of resources, including its income and expenditure, for that period.
In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently-
observe the methods and principles of the Charities SORP (FRS 102)..
make judgments and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material
departures disclosed and explained in the financial statements..
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the
charitable incorporated organisation wll continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the charitable incorporated organisation's transactions and disclose with reasonable accuracy at any time the
financial position of the charitable incorporated organisation and enable them to ensure that the financial
statements comply ￿￿th the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the
provisions of the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
incorporated organisation and hence for taking reasonable steps for the prevents'on and detection of fraud and
other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
Steve
awieso
Steve Jamie50n (Nov 16, 13..10..28 GMT)
S Jamieson
Treasurer
Date.. 21 November 2025
Page 4

FRIENDS OF THE FRIARAGE
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Independent examiner's report to the Trustees of Friends of the Friarage ('the charitable
incorporated oryanisation.)
I report to the charity Trustees on my examination of the accounts of the charitable incorporated organisation for
the year ended 31 March 2025.
Responsibilities and Basis of Report
As the Trustees of the charitable incorporated organisation you are responsible for the preparation of the
accounts in accordance the requirements of the Charities Act 2011 {'the 2011 Act,).
report in respect of my examination of the charitable incorporated organisation's accounts carried out under
section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by
the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
This report is made solely to the charitable incorporated organisation's Trustees, as a body. in accordance with
Part 4 of the Charities {Accounts and Reports) Regulations 2008. My work has been undertaken so that I might
state to the charitable incorporated organisation's Trustees those matters l am required to state to them in an
Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept
or assume responsibility to anyone other than the charitable incorporated organisation and the charitable
incorporated organisation's Trustees as a body. for my VK)rk or for this report.
Signed..
Helen Robin50n INov26, 2025 13..57..44 GMT)
Dated: 21 November 2025
Helen Robinson
ACCA
Armstrong Watson LLP
Chartered Accountants
Northallerton
Page 5

FRIENDS OF THE FRIARAGE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted
funds
2025
Restricted
funds
2025
Total
funds
2025
Total
funds
2024
Note
Income from:
Donations and legacies
Other trading activities
Investments
196.004
248,297
5.145
196,004
248,297
5,145
315,377
218,577
693
Total incom8
449,446
449,446
534,647
Expenditure on:
Raising funds
Charitable activities
237,367
126.916
237,367
127,826
220,577
36,501
910
Total expenditure
364,283
910
365,193
257,078
Net incomel(expenditure) before net
gains on investments
Net gains on investments
85.163
6.904
1910)
84,253
6,904
277,569
Net incomellexpenditure)
Transfers between funds
92.067
651
1910)
(651)
91,157
277,569
16
Net movement in funds
92,718
(1,561)
91,157
277,569
Reconciliation of funds:
Total funds brought foNrfard
Net movement in funds
713.189
92,718
6,718
(1,561)
719,907
91,157
442,338
277,569
Total funds carried fonNard
805,907
5,157
811,064
719,907
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 8 to 22 fomi part of these financial statements.
Page 6

FRIENDS OF THE FRIARAGE
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Note
Fixed assets
Tangible assets
Investments
5,157
230,000
6,067
223,096
12
235,157
229,163
Current assets
Stocks
Debtors
13
14
15,678
189
13,101
Cash at bank and in hand
568,550
489.854
584,417
502,955
Creditors.. amounts falling due wthin one
year
15
18,510)
(12,211)
Net current assets
575,907
490,744
Total assets less current liabilities
811,064
719,907
Total net assets
811,064
719,907
Charity funds
Restricted funds
Unrestricted funds
16
16
5,157
805,907
6,718
713,189
Total funds
811,064
719,907
The financial ststements were approved and authorised for issue by the Trustees and signed on their behalf by..
Ste ve
awiefjo
Steve Jainieson INDV 26. 2025 13 10.-28 GfvITI
S Jamieson
Treasurer
Date.. 21 November 2025
The notes on pages 8 to 22 fomi part of these financial statements.
Page 7

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance wth the Charities SORP (FRS 102)
Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities
preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) {effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Friends of the Friarage meets the definition of a public benefrt entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwse stated in the
relevant accounting policy.
1.2 Fund accounting
General funds are unrestricted funds v4hich are available for use at the discretion of the Trustees in
furtherance of the general objectives of the charitable incorporated organisation and which have not
been designated for other purposes.
Restricted funds are funds which are to be used in accordance Y￿th specific restrictions imposed by
donors or which have been raised by the charitsble incorporated organisation for particular purposes.
The costs of raising and administering such funds are charged against the specific fund. The aim and
use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
1.3 Income
All income is recognised once the charitable incorporated organisation has entitlement to the income,
it is probable that the income will be received and the amount of income receivable can be measured
reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of
receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of
entitlement to a legacy exists when the charitable incorporated organisation has sufficient evidence
that a gift has been left to them (through knowledge of the existence of a valid wll and the death of
the benefactor) and the executor is satisfied that the propety in question will not be required to
satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be
received and the fair value of the amount receivable, which wll generally be the expected cash
amount to be distributed to the charitsble incorporated organisation, can be reliably measured.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Income tsx recoverable in relation to investment income is recognised at the time the investment
income is receivable.
Page 8

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies (continued)
1.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third paty. it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity- Direct costs attributsble to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned between those activities on a basis consistent wth
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the porb'on of the asset's use.
Expenditure on raising funds includes all expenditure incurred by the charitable incorporated
organisation to raise funds for its charitable purposes and includes costs of all fundraising activities
events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
charitable incorporated organisation's objectives. as Y￿11 as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
1.5 Tangible fixed assets and depreciation
Tangible fixed assets are initialty recognised at cost. After recognttion, under the cost model, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate
that the carrying value of any fixed asset may not be recoverable. Shortfalls be￿een the carrying
value of fixed assets and their recoverable amounts are recognised as impaiments. Impairment
losses are recognised in the Statement of financial activities.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives, on a reducing balance basis.
Depreciation is provided on the foll0Y￿ng basis=
Fixtures and fittings
15% reducing balance
1.6 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value
cannot be measured reliably in which case ti is measured at cost less impairment. Investment gains
and losses. whether realised or unrealised. are combined and presented as 'Gainsl(Losses) on
investments, in the Statement of Financial Activities.
Investments held as fixed assets are shown at cost less provision for impairment.
1.7 Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for
obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed
and variable overheads.
Page 9

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies (continued)
1.8 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charitable incorporated organisation- this is normally upon notification of the interest
paid or payable by the institution with whom the funds are deposited.
1.9 Debtor5
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.10 Cash at bank and in hand
Cash at bank and in hand includes cash and short-temi highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
1.11 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charitable incorporated organisation anticipates it wll
pay to settle the debt or the amount it has received as advanced payments for the goods or services
it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
Page10

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Income from donations and legacies
Unrestricted
funds
2025
Total
funds
2025
Donations
50,655
145.349
50,655
145,349
Similar incoming resources
Total 2025
196,004
196,004
Unrestricted
funds
2024
Total
funds
2024
Donations
17,538
286,439
11,400
17,538
286,439
11,400
Legacies
Similar incoming resources
Total 2024
315,377
315,377
Shop perfomiance
2025
2024
Shop and Trolley income
248,297
218,577
other income and interest
1,232
320
Total income
249,529
218,897
Wages
(35,906)
(34,179)
Purchases
(179.025)
(154,610)
Other expenses
(12,587)
(7,781)
Total expenses
{227,518)
(196,570)
Shop Surplusl{deficit)
22,011
22,327
Page11

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Income from charitable activities
Income from fundraising events
Unrestricted
funds
2025
Total
funds
2025
Shop and trolley income
248,297
248,297
Unrestricted
funds
2024
Total
funds
2024
Shop and trolley income
218,577
218,577
Investment income
Unrestricted
funds
2025
Total
funds
2025
Business base tracker account
5,145
5,145
Unrestricted
funds
2024
Total
funds
2024
Business base tracker account
693
693
Page 12

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on raising funds
Unrestricted
funds
2025
Total
funds
2025
Purchases shop and trolley
Staff costs
Maintenance shop and trolley
Postage and stationery
173,715
56,883
4,921
1,848
173,715
56,883
4.921
1,848
237,367
237,367
Unrestricted
funds
2024
Total
funds
2024
Purchases shop and trolley
Staff costs
166,039
50,320
100
166,039
50,320
100
Accountancy shop and trolley
Maintenance shop and trolley
Postsge and stationery
4,019
99
4,019
99
220,577
220,577
Page13

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
2025
Restricted
funds
2025
Total
2025
Shop and trolley
126,916
910
127,826
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
Friends of the Friarage expenses
35,431
1,070
36,501
Summary by expenditure type
Staff costs Depreciation Other costs
2025
2025
2025
Total
2025
Shop and trolley
14,436
910
112,480
127,826
Staff costs Depreciation Other costs
2024
2024
2024
Total
2024
Friends of the Friarage expenses
13,036
1,070
22,395
36,501
Page 14

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expenditure by activities
Support
costs
2025
Total
funds
2025
Shop and trolley
127,826
127,826
Support
costs
2024
Total
funds
2024
Shop and trolley
36,501
36,501
Analysis of support costs
Total
funds
2025
Total
funds
2024
Depreciation
Accountancy fees
Legal and professional
Payments to hospital
Sundry costs
Bank charges
Advertising and marketing
Printing and stationery
IT soknre and consumables
910
4,659
2,122
88.057
4,927
1,818
6,167
1.070
4,681
2,364
300
3,595
1,660
5,538
529
171
Telephone
Subscriptions
Insurance
954
1,333
216
1,046
1.168
1,562
14,436
1,080
928
General costs
Governance costs
13,036
127,826
36,501
Page15

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Staff costs
2025
2024
Administrator salary
Shop & trolley staff costs
14,436
13,036
50,320
14,436
63.356
The name of the secretary who received a salary is Mrs C Cury who is not a Trustee of the charitable
incorporated organisation.
The average number of persons employed by the charitable incorporated organisation during the year
was as follows..
2025
No.
2024
No.
staff numbers
No employee received remuneration amounting to more than £60.000 in either year.
10. Trustees, remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).
During the year ended 31 March 2025. no Trustee expenses have been incurred (2024 - £NIL).
Page 16

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
11. Tangible fixed assets
Fixtures and
fittings
Cost or valuation
At 1 April 2024
60,495
At 31 March 2025
60,495
Depreciation
At 1 April 2024
Charge for the year
54,428
910
At 31 March 2025
55,338
Net book value
At 31 March 2025
5,157
At 31 March 2024
6,067
Page 17

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
12.
Fixed asset investments
Listed
investments
Cost or valuation
At 1 April 2024
230,000
At 31 March 2025
230,000
Net book value
At 31 March 2025
230,000
At 31 March 2024
230,000
The fixed asset investments relate to an investment portfolio managed by Barclays Bank UK PLC. As the
balance sheet date portfolio vrfas not supplied, the Trustees have estimated a closing balance of
£230,000.
Page18

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
13. Stocks
2025
2024
Finished goods and goods for resale
15,678
13,101
14.
Debtors
2025
2024
Due within one year
Other debtors
189
189
15.
Creditors: Amounts falling due within one year
2025
2024
Trade creditors
4,702
683
7,319
1,562
55
Other taxation and social security
Pension fund loan payable
Accruals and deferred income
210
2,915
3.275
8.510
12,211
Page19

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
16. Statement of funds
Statement of funds - current year
Balance at
31 March
2025
Balance at 1
April 2024
Transfers
inlout
Gainsl
(Lossesl
Income Expenditure
Unrestricted
funds
Reserves
713.189
449,446
{364,283)
651
6,904
805,907
Restricted
funds
The Rutson fund
6,718
1910)
{6511
5,157
Total of funds
719.907
449,446
{365,193)
6,904
811,064
ststement of funds - prior year
Balance at
31 March
2024
Balance at
1 April 2023
Income Expenditure
Unrestricted funds
Reserves
435.620
534.647
(257,0781
713,189
Restricted funds
Restricted Funds - all funds
6.718
6.718
Total of funds
442,338
534,647
(257,078)
719,907
Page 20

FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
17. Summary of funds
Summary of funds- current year
Balance at
31 March
2025
Balance at 1
April 2024
Transfers
inlout
Gainsl
(Lossesl
Income Expenditure
General funds
713.189
6,718
449,446
{364,283)
1910)
651
6,904
805,907
5,157
Restricted funds
{6511
719.907
449,446
{365,193)
6,904
811,064
Summary of funds- prior year
Balance at
31 March
2024
Balance at
1 April 2023
Income Expenditure
General funds
Restricted funds
435.620
6,718
534.647
(257.0781
713,189
6,718
442.338
534,647
(257,0781
719,907
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FRIENDS OF THE FRIARAGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
18. Analysis of net assets between funds
Analysis of net assets between funds - current year
Unrestricted Restricted
funds
funds
2025
2025
Total
funds
2025
Tangible fixed assets
Fixed asset investments
5,157
5.157
230,000
584,417
18.510
230,000
584.417
{8.510)
Current assets
Creditors due wthin one year
Total
805,907
5,157
811,064
Analysis of net assets between funds - prior year
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Tangible fixed assets
Fixed asset investments
(651)
223,096
502,955
(12,211)
6,718
6,067
223,096
502,955
(12,211)
Current assets
Creditors due wthin one year
Total
713.189
6,718
719,907
19.
Related party transactions
There have been no related party transactions during the year.
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