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2025-03-31-accounts

COMPANY REGISTRATION NUMBER: 08172757 CHARITY REGISTRATION NUMBER: 1161226 This is Growth Ltd Company Limited by Guarantee Unaudited Financial Statements 31 March 2025

This is Growth Ltd Company Limited by Guarantee Flnancial Stalements Year ended 31 March 2025 Page Trustees. annual report {incorporating the directorfs report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Statement of cash flows Notes to the financial statements

This is Growth Ltd Company Limited by Guarantee Trustees. Annual Report (Incorporating the Di￿¢t0￿$ Report) Year ended 31 March 2025 The trustees, who are also the directors for Ihe purFM)ses of company law, present their report and the Jnaudiled financial slalements of the charty for the year ended 31 March 2025 _ Rèference and adminlstratlve details Registered charity name Charity registration number Company registration number Prlncipal offico and registered 7 Tartan House office Dee Slr*l This is Growth Ltd 1161226 08172757 London E14 OPF The truslees Maria Gamett Rev Edward Dix Frazer Ma￿onald Sylvetta Kargl)o Anni Uddin Kaspars Parups Jona$ & f>aham Accountsnis Ltd 6 Hall Square DENBIGH Indepèndènt èxaminer Denbighshire LL16 3NU Structure. govemance and management The charity is a cornpany limited by guarantee with no share capital. Objèctivès and activitiès The charills objects are the relief of povertv, advancement of the Christian faith and advancement of education. The policies adopted in furtherance of these objects are the provision of winter nightshelter accommodation and the provision of housing for hon￿leSS people. The trustees have paid due regard lo guidance issued by the Charity Commission in deciding what aclivities the charity should undertake. Strategic report The following sections for achievements and performance and ffinaniial review form the strategic report of the charity.

Achievements and perfomiance The GrowTH winlei night shelter opened on the 1st Oclober 2024. for the 15th season. The winter of 2024125 saw a rise in homeless guests hosted. 140 in total. up from 122 guests in the previc4Js season. 60 guests moved onto positive and stable accomm(xlation. A hjrther 32 were also attommodated. but into more temporary options. 28 guests chose lo disengage from the service during their stay. The churches in Tower Hamlets conts.nue to provide wonderful hospitality lo our guests. We partnered with hvo new churches this season. arKJ are so grateful for the partnerships that GrowTH has. Supporting the guests cor)linues to be an Often-comp￿X task: with many contributory ￿tOrS such as ill-heallh (both physical and mentall, relationship breakdown, loss of income, addicb'on and poor decision-making. The GrowTH day centre has proven to be a very helpful provision. as guests carb easily a(￿eSS SUPPOrt hele from the GrowTH advocate worf<ers, whilst enjoying the sanctry of a peaceful and loving space. We hosted more social events this year, such as drarna workshops, a weekly football game, a a bake-off aThJ a Christmas party, to encourage community and reduce isolalitsn. A free lunth was prowded Monday to Friday, wtth resident5 from GrowTH Hou$ing also making use of the WiFi, friendships. sofas and computers in the day cenlre. In the summer of 2024, unlike the previous year. we kepl the day ￿ntre openlng {albelt on a re¢Juced baslsl to ensure continuation of relationship building. as we were now also welcoming local residents from the area loo. Our reach is expanding. We are UllSLJre of the future of the day centre. as the current txjilding is due to be demolished in the near future. We see the day centre as a vital provision, and therefore hope to secure new prerTMses. With Ihe addition to GrowTH Housing of 5 flals in the prewous year. our income trom Ihis provision increased significantly. The increase of new residents lfrom 15 to 31) required an increase in the number of housing staff to provide adequate support. We Iot* the opportunity for a restruclure following the Directorfs malernity-leave resignation. The Housing Manager was promoled lo Director, and we employed a Frontline Services Manager for the first time. We then recrurted a third housing worker_ The 51aff team now stands at 10 full bme slaff. 8nd part time. GrowTH Housing has been a vital provision in the borough of Tower Hamlets. With typical rents continuing to be out of reach for the vast majority of our cohorl, we are pleased to ofler accommodation that does not exceed the local housing allowance. A positive move on can be a challenge for a resident if they are detetmiNed to stay IN the borough, but for those with more flexibilty aThY realislic expeclations. GrowTH Housing acts as the perfect stepping stone between fvomelessness and long temi. slable acixJmm(xlation. The GrowTH Chaplain has provided a listening ear and spiritual direction to a huge number of guests Ihis season. The Chaplain has met with people of all faiths. and of none. Many lon average 15 per weekl have enjoyed joining the Thursday Community Lunch. with guest speakers shanng testirTK)nie5. A mixture of course5 ha5 been provided, for those who want lo explore the Christian faith. or indeed who want to grow in maturity in Ihe faith. 27 guests attended Bible studies, and 35 allended ￿ Massira (an ￿p￿a-lIke course). As a consequence, 8 guests made a response to the gospel either for the first tiTne, or as a recornmitment. The Chaplain is SUPPOrted by a number of faithful volunteers lo whom we are very grateful. Finally, we are very happy to report thal a building was purchased in the year, for c￿r long-awaited Community House Inarned Lazarus Housel- The first residents rnoved in just afler the year end, in May 2025 (note. the rental income shown in the accounts was from tenants in situ when Ihe pro￿rtY was purchased). The house was bought as a 6-bed. Some generous 8nd successful grant

applications allowe(J us to renovate the propety, to provide a comf(xtable home. We plan to house 5 previously homeless guests in the home, with a live-in staff worker. Each resident will be connected with a designated point person frorn a local Congregation. Residents will follow a st.uctured support programme designed to help them address pradical challenges. as wdl as providing opwrtunith'es for discipleship and growth in the Christian faith. We hope lo see lives deeply and forever transfomed as a result of Lazarus Hcxjse. Flnan¢lal rèvlew The income and expenéilure for the year and the financial position at the end of the year are summarised in the attached accounts. The Iruslees consider the financial position to be satisfactory. It is the policy of the charity that unrestricted funds which have not twn designated for a specific use should be maintained at a level equivalent to about three rrK)nth's eX￿ndItUre. The trustees cDn5ider that reserves at this level will ensure that, in the event of a significanl drop in funding, they will be able lo continue the charity's current activities while consideration is given to ways in which additDnal funds may be raised. The trustees aim to bring re*rves up to this lèvel. The trustees have assessed the major risks lo which the charity is exposed. and are satisfied that systems are in place lo mlllgate exposure to the major risks. The trustees, arnnu81 report and the strategic report were approved on 26 September 2025 and signed on behalf of the board ol trustees by.. Rev Ethard Dix Trustee

This is Growth Ltd Company Limited by Guarantee Independent Examinerfs Report to the Trustees of This is Growth Ltd Year ended 31 March 2025 I report lo the trustees on my examination of the finanaal statements of This is Growth Ltd I'lhe charily'l for the year ended 31 March 2025. Responslbilitiès and basis of report As the trustees of the company land also ils direclors for the purposes of company lawl you are responsible for the preparation of the financial statements In accordance with the requirements of the Companies Act 20061'the 2006 Acl'l. Having satisfied myself that Ihe accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charit*s Act 2011 1.the 2011 Act,). In carrying out my examination I have followed the Directions given by Ihe Charity Commission under section 145(5Hb) of the 2011 Act. I￿lePendent examIne￿S statemènt Since the chanty's gross income exceeded £250.0￿ your examiner must be a member of a body listed in section 145 of Ihe 2011 Act. I confirm Ihal l am qualffied to undertake Ihe examination because l am a member of Ihe Institute of Chartered Accountants in England and Wales {ICAEW). which is 01￿ of the listed bodies. I have completed my examination. I confirni Ihat no matters have come to my attention in connection with the examination giving me cause to believe.. 1. accounting records were not kept In respect of the charity as required by section 386 of the 20￿ Act: or 2. the financial stslemenls do not accord with those ￿cordS,. or 3. the financial statements do not comply wtth the ￿￿UntI￿vj requirements of section 396 of the 20[￿ AGt other than any requiremenl that the accounts give a 'lrue and fairf view which is not a matter conshjered as part of an independent examinatiors.. or 4. the financial statements have not been prepared in accordan￿ the melhods and principles of the Ststement of Recommended Practice for accounting and re[￿1ng by charities appliCa￿e lo charities preparing their accounts in accordance with the Financial Reporting Standard applicabk in the UK and Republic of Ireland IFRS 102). I have no eoncerns and have corne across ro other matters in connection with the examinati(￿ to which attention should be drawn in this report in order to enable a prcper understanding of the accounts to be reaGhed. Jones & Graham Accountants Lld Independent Examiner 6 Hall Square DENBIGH Denbighshire LL16 3NU 26 September 2025

This is Growth Ltd Company Limited by Guarantee Statement of Financial Activities (Including Income and expenditure account) Year ended 31 March 2025 2025 2024 Unrestricted funds Restricted funds Total funds Total funds Note Income and endovrnents Donations and legacies Charitable activities 222.TT2 285.981 19.866 .638 300,410 285,￿1 19,866 280,686 151,681 32,535 Investment income Total Income 528.619 77.638 606,257 464.902 Expendlture Expenditure on charitable aclivilies 448.581 87.495 536,076 470.619 Total Èx￿nditUre 448.581 87.495 536.076 470,619 Net Incomel(expendlturel and net movement in funds 80,038 { 9,8571 70,181 15,717 Reconciliation of funds Total funds broughtforward 247,145 943.808 1.1￿.953 1,196,670 Total funds carried forward 327.183 933.951 1,261.134 1,190.953 The statewnent of financial activities includes all gains arKI105ses recognised in the year. All income and expenditure derive from continuing activities.

This is Growth Ltd Company Limited by Guarantee Statement of Financial Position 31 March 2025 2025 2024 Nole Flxed assets Tangible fixed assets Current assets Debtors 14 1.028,558 2.149 15 27,514 253.993 5,776 1,223,650 Cash at bank and in hand 281,507 1,229,426 Creditors: amounts falling due within one year 16 48,931 40,622 Net current assets 232.576 1.188,804 Total assets1855 current liabllitles 1.261,134 1,1￿,953 Net assets 1.261,134 1,1￿,953 Funds ofthe eharlty Restricled funds 933,951 327,183 943,808 247,145 Unrestricted funds Total charity funds 19 1.261,134 1,1 gJ,953 For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors. responsitxlities.. - The members have not required the lo obtain an audr( of ils financial statements for the year in question in accordance with section 476 ', The direciors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparal#)n of financjal ststements . These financial slalements have been prepared in accordance with ￿ provisK)ns applicable lo companies subject to the small companies, regime. These financial statements were approved by Ihe board of Irustees and authorised for issue on 26 September 2025 . and are signed on behalf ol the board by.. Frazer Maixlonald Trustee

This is Growth Ltd Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2025 2025 2024 Cash flows from operatlng actlvllies Nel incomellexpenditurel Adjustments for.- Deprèciation of tangible fixed assets Other interest receivable and similar income 70,181 15,7171 1.382 (19,8661 1706) 1,619 (32.5351 11,1531 Accrued income Changes in.- Trade ané other debtors { 21,738) 9.015 { 3491 27,554 Trade and other creditors Cash generated from operations Interest re￿iVed 38.268 {10,5811 32,535 19,866 Nel cash frorn operating actNities 58.134 21.954 Cash flows from investing actlvltias Purchase of tangible assets { 1.027,7911 Nel cash used in investing ￿tIvItieS { 1,027,791) Net Idecrea5einncrease In cash and cash equlvalents Cash and cash equivalents at beginning of year 1969,651) 1,223.6 21,954 1.201,696 Cash and cash equivalents at and of year 253,993 1,223,650

This is Growth Ltd Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 1. General infomiation The charity is a public benefit enb'ty and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The add￿$S of the registered office is 7 Tartan House, Dee Street, London, E14 OPF. 2. Statement of eompllanc• These financial stslements have been prepared in compliance with FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of IrekrKI'. the Statemenl of Recommended Practice applicable to charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicaL4e in the UK and Republic of Irgland IFRS 1021 (Charities SORP {FRS 102)) and the Companies Act 2￿6. 3. Accounting policies Basis of preparation The financial slal8ments hav8 b@en prepared on th8 historirAI cost basis, as modiffed by the revaluation of cerlain financial assets and liabilities and inveslmenl properb.es measured at fair value through Income or expenditure. The financial statements are prepared in sterting, whid) Is the functional CUrre￿Y of the entity. Going concern There are no material uncertairblies about the chanty's abilty tr) continue. Judgements and key sources of estimation uncertainty In the application of the chantyaÉTP•s accounb.ng pdicies, the tnjstees are required lo make judgements. estimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may drffer from these estimales. The estimates and Ljnderlying assumptions are reviewed on an ongoing basis. Rev sions lo accounth'ng estimates are recognised in the period in which the estimate is revised where the revision affects only thal period. or in the period of the revision and future periods where the revision atlects tM)th Current and futu￿ pericKIs. Fund accounting Unrestricted funds are avaiL4ble for use at the discretion of the Iwslees to further any of the charity's purposes. Designated ftJrbd5 are unrestricted funds earmarked by the ttustees for particular future project or commitment. Restricted funds are subjected to restricty'ons on their expendilure dedared by the donor or through the terms of an appeal, and fall into one of tY40 sub-dasses.. restricted income ￿ndS or endowment ￿n￿$.

Incoming resources All inGomiNg resources are included in the ststemeit of financial activities when entitlement has passed lo the charity- il is probable that the economic benefits associated wtth the transaction will flow to the charity and Ihe arrK)unl can be reliably measured. The following specific poI￿leS are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift. receipt is probable and ils amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measu-ed 8t the fair vaue of the goods unless this is impractical to measure reliably, in which case the value is derived from tTre cost to the donor or the estimated resale value. Donated facilities and ServI￿S are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general vc.lunteers. incowne from contracts for the supply of ServI￿S is recognised with Ihe delivery of the contracted service. This is classified as unrestricted funds unless IhgJe is a conlraclual requiremenl lor it lo be spent on a particular purpose and returned if unsKpnl, in which case il may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred_ Expenditure includes any VAT which cannot be fully recovered. and is das5rfied under heajings of the statement of financial activities to which it relates.. expendilure on raising funds indudes Ihe costs of all fundraising activities, events. non-charilable trading activities, and the sale of donated goods. expenditure on charitaLle activities includes all costs incurred by a charity in undertaking activilies that further Its charitable aims for the benefit of ils beneficiawies, including those support costs and costs relating lo the governance of the charity apportioned lo charitable activities. other expenditure includes 811 expenditure Ihal Is nerther related to raising funds for the charity nor part of ils expenditure on charitable activities. All costs are allocated to expenditure categories refecting the use of Ihe resource. Direct costs attributable lo a single activity are allocated directly to that activity. Shared Ix)sts are apportioned between the activities they contribute lo on a reasornable. justtfiable and consistent basis. Tangible assets Tangible assets are initially recorded al cosL and subsequenuy staled at cost less any accumulated depreciation and impairmenl losses. Any tangible 8ssels -tsrried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depre¢iatK)n arKI subsequent accumulaled impairment losses. An increase in the carying amount of an asset as a result of a revaluats'on, is rewgr)ised in other recognised gains and losses, unless it reverses a charge for impaimient that has previously been recognised as expenditure within Ihe statement of financial activities. A decrease in the carrying amourl of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation DepreG13t1￿ is calculated so as to write off the or valuation of an asset. less its residual value, over the useful economic life of that asset as follows= Fixlures, fillings and equipment- Computers Impairniont of fixed assets A review for indicators of impaimient is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value ex￿eedS the recoverable amount, the assel is impaired accordingly. Prior impaimients are also reviewed for possible reversal al each rep)rting date. For the purposes of impairment testing. when it is not possible to esb'mate the recoverable amount of an individual asset. an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generalirbg unil is the smallest identifiable group of assets that irdudes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of a55ets. For impairment testing of goodwill, the g00dv￿lI acquired in a business combination is. from the acquisition date. allocated to each of Ihe cash%enerating units that are expected to benefit frjm the synergies of the (xmnbination, i￿eSpective of whether other assets or liabilities of the charity are assigned to those units. Financial instruments The ¢h8rity has elected to apply the provisions of Se¢tion 11 Basi¢ Financi81 Instruments and SeGtTron 12 Other Financial Instruments Issues of FRS 102 to all of tls ffinancial instruments. Financial instruments are recogniseé in the charitys balance sheet when the charity be￿rneS paty to the conlraclual provisions of the instrument. Financial assets and liabilities are offset, with the net amunts presented in the financial slatemenls, when there is a legally enforceable right to set off the recognised amounts and Ihere is an inlention to settle on a nel basis or to realise the asset and settle the liabilty simultaneously. Defined contribution plans contributs.ons lo defined contribution plans are recognised as an expense in the per￿ in which the related service is provided. Prepaid contributions are recognised as an assel to the exlent that the prepayment wll lead lo a reduction in future payments or a cash refuryj. When contributions are not expected to be setded wholly within 12 M￿th$ of ihe end of the reporting dale in which the employees render the relaled seryice. the liability is measured on a discounted present value ba￿s. The unwinding of the di￿￿)￿nI is recognised a5 an expense in the period in which it arises. 25¥0 straight line 33% reducing balance

  1. Limited by guarantee The charity is a Gornpany limited by guaranlee with no share ￿pIts1 The trustees. who we also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial staternents were= M&ia Gamètt Rev Edward Dix Frazer Macdonald Syfvetta Kargbo Anni Uddin Kaspars Patups None of the trustees has any benef￿la1 interest in tbe company. All of the Iruslees are members of the company and guarantee to conlribule £1 in the event of a wincing up. New trustees are appointed by unanimous consent of the existing tru51ees. The trustees overs* the charty's activities t￿1 delegate day-l￿aY matters to the paid employees.
  2. Donatlons and legacles Unrestricted Restrided Funds Totsl Funds 2025 Funds Donations Donations and gifts Gffts in kir)d 100.017 104,202 100.017 104,202 Grants Other general grants 18.553 Tl.638 96,191 222,772 77.638 300,410 Unrestricted Funds Restricted FU￿lS Tolal Funds 2024 Donations Donations and gifts Gffts in kind 129,865 96,750 129,865 96,750 Grants Other general grants 19.000 35.071 54,071 245,615 35.071 280,686 The trustees are grateful for all grants and donations received, and for volunteer time donated tree of charge which they estimate to h8ve been worth aLK)ul £126:915 ft)r the year. valued at nation81 minimum wage rates.

  3. Charitable activities Unrestricted Funds Totsl Funds 2025 Unrestricted Funds Total Funds 2024 Charitable rental income 266,238 19,743 266.238 19.743 151.681 151,681 Community Fbuse rental income 285.981 285.981 151.681 151,681

  4. Investment income unrestn.cted Total Funds Funds 2025 Unrestricted Funds Total Funds 2024 Interesl receivable 19,866 19.866 32,535 32.535

  5. Expenditu￿ on ¢h•ritsble activities by aetivrty type Activities undertaken direcuy SupFX)rt costs Totsl funds 2025 Total fund 2024 Nightsheller and hougng Community Fk)use Govemants Costs 513.249 18.759 1,382 514,631 18.759 2.686 468,445 2.686 2,174 532.008 4.068 536.076 470.619
  6. Analysis ofsupport Gosts Nigmsheller and housing Total 2025 Total 2024 G0Veman￿ costs 2,686 2,686 2,173
  7. Net incom81{exp8nditurel Nel incomel(expenditurel is slated after chargingllcrediting): 2025 2024 Depreciation of tangible fixed assets 1.382 1.619
  8. Ind¢pend¢nt examination t￿S 2025 2024 Fees payable to the independent examiner for.. Independent examination of the financ4al statements 1,980 1.860
  9. Staff costs The total staff costs and employee beneflts for Ihe reportong perfod are analysed as follows.. 2025 2024 Wages and salaries Social security ¢ost5 Employer conlribulions to penS￿n plans 237.265 15,540 4,993 226,042 10,124 3,738 257.798 239,904 The avera￿ head count of employees during the year was 12 (2024: 8). No employee received employee benefils of more than £60.000 during the year (2024." Nil).

  10. Trustee remuneration and expenses No remuneration or other beneth'ls from employment with the ehanty or a related entity were received by the trustees.

  11. Tangible fixed assets Fr￿hold Fixtures and propety fitknngs Equipment Total Cost At 1 Apr 21r24 Additions 14,063 20,407 1.027,T91 1,025.934 1.857 At 31 Mar 2025 1,025.934 8.201 14.063 1.048.198 Dopro¢i#tion At 1 Apr 2024 Charge for the year 5,710 878 12.548 504 18,258 1,382 At 31 Mar 2025 6.588 13.052 19,640 Carrylng amount At 31 Mar 2025 1,025.934 1,613 1,011 1.028,558 At 31 Mar 2024 634 1.515 2,149

  12. Debtors 2025 2024 Prepayments and accrued income Other debtors 999 1,624 4,152 26,515 27.514 5,776
  13. Creditors: amounts falling du8 within one year 2025 2024 Accrvals and deferred income Social seiijrity and olher taxes Other creditors 25.276 17.458 3.722 19,442 23.655 48.931 40.622
  14. Deferred in¢ome 2025 2024 Amount deferr8d in year 22,197 13,673

  15. Pensions and othgr post retirgment beneffts Defined contribution plans The amount recognised in income or expenditu￿ as an expense in relation lo defined contribution plans was £ 4,99312024.. £ 3,7381.

  16. Analysis of charitable funds Unrestrided funds At 31 Mar 2025 At 1 Apr 2024 Income Expenditure General funds 247.145 528.619 {448.5811 327,183 At 31 Mar 2024 At 1 Apr 2023 Income Expenditure General funds 217,696 429,831 (400,382) 247,145 Restricted funds At 31 Mar 2025 At 1 Apr 2024 Income Expenditure Restricted Fund 943.808 77,638 {87.495) 933,951 At 31 Mar 2024 At 1 Apr 2023 Income Expenditure Restricted Fund 978,974 35,071 170,237} 943,808

  17. Analysi5 of net assets between fund5 Unreslricted Funcls Reslrided Total Funds Funds 2025 Tan￿ble fixed assets Currént assèts 314 2.309 931,642 2.623 1,258,511 326.869 Net assets 327.183 933.951 1,261.134 Unrestricted Funds Restricted FuThJs Total Funds 2024 Tangible fixed assets Currenl assets 1,561 942,247 2.149 1,188.804 246,557 Net assets 247.145 943,808 1,190,953
  18. Flnancial Instrum•nts The charity has elected lo apply the provisions of Section 11 afBasic Financial Instruments*TM and Section 12 afoiher Financial Instruments IssuesaETkl of FRS 102 lo all of its financial instruments. FInar￿la1 inslwmenls are recognised in the charity's balance sheet when the Charity becomes paty lo the contractual provisions of the inslrufflent. Financial assels and liabililies are offsel. wilh the nel arTK)unts presented in Ihe financial stalemenls, when there is a legally enforceable right lo sel off the recognised amounls and there is an intention to settle on a nel basis or lo realise the 2&sel and setue the liability simultsneously.
  19. Analysis of changes in net debt The charity had no material debt during Ihe year.

This document was delivered using electronic communications and authenticated in accordance with ihe registrar's mles relating to electronic fomi, authenticatior and manner of delivery under sectioi) 1072 of the Companies Act ?006.