REGISTERED CHARITY NUMBER: 1165317
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2024
for
Simon on the Streets
Simon on the Streets
Contents of the Financial Statements for the Year Ended 31 December 2024
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 to 6 |
| Independent Examiner's Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10 to 15 |
Simon on the Streels Reference and Adminislralive Detalls for the Year Ended 31 December 2024 TRUSTEES G Wright E Fraser A Beaumont (resigned 241912024) M Prenton (resigned 301412024) L Jones-Rowe L Liddle C Blown R Michie (appointed 131Y2025) REGISTERED OFFICE Suite 1B and 2A Crown House 94 Armley Road Leeds LS12 2EJ REGISTERED COMPANY NUMBER CE005270 REGISTERED CHARITY NUMBER 1165317 INDEPENDENT EXAMINER S&W Partners (Leeds) Llmited Accountants 3rd Floor 56 Wellington Street Leeds West Yorkshire LS12EE Page 1
Simon on the Streets ort of the Trustees for the Year Ended 31 December 2024 REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY AND ITS TRUSTEES Simon On the Streets {Charity number 1165317, the "Charity.) is a Charitable Incorporated Organisation ('CIO"). The Charity was originally founded in January 1999. The main office is located at Suite 1 B and 2A Crown House, 94 Armley Rd, Leeds, LS12 2EJ. Trustees The trustees that served through the year wefe as follows.. Charlotte Wright- Trustee Colin Brown- Trustee & Treasurer Emma Fraser- Trustee & Secretary Leo Jones-Rowe - Trustee & Co Chair Lynne Liddle- Trustee & Co Chair The trustees that served art of the ear w&re as follows- Mike Prenton - Trustee (resigned 30th April 2024) Annie Beaumont- Trustee (Resigned 24th September 2024) PUBLIC BENEFIT STATEMENT The trustee5 have reviewed the charity's objectives and aims and confirm that these are identifiably for the public benefit as required by the Charity Commission. This benefit predorTinanlly falls within the recognised charitable purpose of- The prevention or relief of poverty Further public benefit Is achieved to a lesser extent in the work carried out by the charlty to achieve the above through the following recognised charitable purposes.. The advancement of heaf(h or the saving of lives The advancement of citizenshlp or community development The advancement of human rights. conflict resolution or reconciliation or the promotion of religious OT racial harmony or equality and diversity The review has identified no detiiment or harm caused by the work of the charity. All potential risks of this nature are monitored, and steps taken to minimise them through the charity's policies and procedures. The section of the public that benefit from the charity's activities is set out in the 'Objectives And Aclivilies, section of this report. Page 2
Simon on the Sl¥eels Re ort of the Trustees for the Year Ended 31 December 2024 OBJECTIVES AND ACTIVITIES Charity Vision and Mission We are an Independent charity whose core mission is 'Providing hope to those without a voice, and our core mission is To offer unlimited emotional and practical support for hom&less and vulnerable peciple to enable them to achleve their goals.. We have been supporting those rough sleeping, sofa surfing and at risk of homelessness in Leeds and Bradford for over 20 years. Support without Time Limits Our offer of emotional and practical support is not time limited and means their work can be tailored to the individual for as long as that person needs. whether this be support around accessing accommodation, linking into primary healthcare for their physical and merstal heahh or working with addiction services or ScIalIsts in trauma informed care. We reGeive no statutory funding, with all our income coming from public or corporate donations. This independent fundlng means that we can flex our seNice delivery Éo me81 the needs of every indivldual we engage with, in whatever form and however long that may take. Working in partnership We work with a range of people with complex needs, from those rough sleeyng to sofa surfing and those vulnerably housed. We work In a person-cenlred way. establishing the wants and needs of the clients and working with them to achieve their goals. On a praclicallovel we work with housing options t&ams and other commissioned services across the different local areas lo try and support people into emergency and long-term accommodation with the appropriate wrap around support. Our mission is to provide support to those people in our community who are often excluded from, or who refuse, the intervention of other SeiceS, with a view to empower them to change their lives. We provlde practical and emotional support to those who are rough sleeping or vulnerably housed. We work closely with those complex people who have fallen through the gaps of other setvices or lost faith and trust In commissioned providers. We have seen an increase in 'hidden homeless, _ those who are sofa-surfing or living in squats, whom are often people with 'No Recourse lo Public Funds, {NRPFI and victims of modern-day slavery and human trafficking. We work closety with expert agencies such a5 Hope for Justice and other stakeholders to provide wraparound support. Our work aims lo.. Engage with hard-to-reach Individuals Remove key barriers to engagement Build relationships based on trust and offer appropTiate support Support clients manage the changes they will experionce Offer practical support around the specific issues faced Our work is conducted in the following manner.. Unconditional.. we provlde a vital connection for those who have nowhere else to turn, offering someone to turn to for unconditional support. Empathy.. we are a group of people who will show interest in them In a respectrul, tolerant. empathetic manner aimed at empowe¥ing them to improve their self-image and begin to think about making positive changes in their lives, but we ask for nothing in return. Empowering.. we take a person-centred approach, focusing on peoples, thoughts and desires, their aspirations, and their regrets, which is the key to the kind of self-refleclion that is necessary for any klnd of behavioural chang8 that wlll have a real chance of success. Most people who fit the above criteria will lack the motivation for positive change- workers will nevel allow this lo be a barrier to engagement and will always seek to build thi5 molivalion. Th8 charity recognises that positive change will often be slow to achieve and commits to en5uiing that at times of slow change I no change it will not allow efforts to decrease. Page 3
Simon on the Streets ort of the Trustees foT the Year Ended 31 December 2024 2024 ACTIVITIES AND ACHIEVEMENTS Priorities forthe year Simon on the Streets had the following key aims for 2024.. Our People Our Funds Our Community Our Impact Our People Recognising that our people are our most important asset, the areas of focus were.. Staff engagement Staff development Legacy planning In 2024, our charity experienced a more settled year due to the effective combination of adively listening to and implementing staff feedback, enhancing training and development Initiatives, and fostering a reflective practice. This more cohesive approach to our work has ensured that our staff are in the right roles and collaborats'ng effectively, ultimately helping us 2chieve our charity's outcomes. Looking ahead, we are excited to hold further sessions following our staff survey session to reflect on our progress and discuss further ideas put forward by the team. Our Funds Recognising how vital 8 stable income Is for us to deliver our services and continue as a charity, the aieas of focus were.. Fundrai5Ing strategies Income diversification Fundraising team support In 2024, our senior fundraiseT collaborated with the CEO to draft and develop a comprehenslve fundraising strategy aimed at diversifying our income streams. This approach focused on expanding our corporato partnerships and enhancing our community event income. We placed a strong emphasis on securing grants, prioritising additional resources to support these efforts. Notably, 2024 also saw the successful acquisition of spots In sever81 challenge events, Including the Leeds 1 OK and the Rob Burrows Marathon and Half Marathon, whlch sold out rapidly. Looking ahead, this area will be a key focus for development in 2025, with plans to purchase even more spots in fulure everklg. Our Community Recognising the importance of community engagemenl in several areas: Co-production {service user engagement) Community Involvement through volunteering, fundraising and advocacy efforts. Marketing and Social Media Our community obleclive focused on recognizing the importance of community engagement by utlllsing CO-product¢on to address seNice issues and strengthen the voices of Ihe people we support. Additionally, we aimed to encourage community members to get involved through volunteering, fundraising, and advocacy. While there is still work to be done in building our volunteer base, thi5 wlll be a key focus within the new community fundTalser role and will be a key priorfty for 2025. We havè more succinctly captured the voice of the people we support this yeaT. this has b9en utillsed in our social media, case studies and call to action to our corporate partners and community members. Page 4
Simon on the Streets Re ort ofthe Trustees for the Year Ended 31 December 02 Our Impact Recognising that we need to constantly measure and evaluate the impact of the work we do our areas of focus were.. Service Delivery Education Campaigns Collaboration with other charities Impact Data Our objective regarding our impact Involved a Gomprehensive examination of our service delivery. We aimed lo be at the forefront of campaigns that significantly reduce homelessness and influence government policy. We have been part of campaigns around no fauh evi¢lions.' the Vagrancy Act and Reset Homelessness. Another area of focus was lo enhance our seNice delivery by increasing oulreach efforts to support individuals who may not be engaging with other services. We have recruited into Bradford whlch has been a significant gap and now have a full team across both cities. This has impacted our outcome5 and increased our service delivery. The whole team are now adept at using and reporting with the Inform CRM system which has started to give some good impact data. Thls will be further developed in 2025 with more tailor reporting functions being explored. We have successfully collaborated with MIND and strengthened our relationships with other thlrd sector organisalions including Getbng Clean, BARCA and Basis in 2024. We have been an integral part of the Women's Census this year where we have worked with a range of Women's only seNice5 across Leeds, measuring the impact by speaking to a number olthe women we have supported. FINANCIAL REVIEW Financial position Overall income for the year ended 31 December 2024 remained steady with a les5 than 10A increase on the prior year. Donations and legacies rèmaln the most significant and important source of income at £300,962. The proportion of total income increasing to 670/0, compared to 60010 of income the year before. Almost £50,000 of these donations weie fiom members of the local community who commit to donating on a regular basis. This income Includes significant funds from the many sponsored events and activities undertaken by our committed supporters, events. This yeaT also benefited by £10,191 of investment income, due to hlgh interest savings accounts. Grants received from private companies and government bodies are also significant in delivering our services and at £123,042 which represent 27OA of income, this is a decrease on last year. We have identified that il is an area we are keen to focus on going IrTrto 2025. We have grown the relatlonshlps with our corporate supporters throughout the year. gaining 14 new '5 for 5, partners through the year, which commits companies to donating £500 for 5 years, with overall corporate donations totalling £62,909. Running costs increased from last year by almost 200h. This is primarity as a result of us increasing our front line support staff, but also reflects inflationary pressures. Therefore, the net result for 2024 was a deficit of expenditure over income of £43,828. At the year end the unrestricted cash balance was £230,351 with an additional restricted balance of £66,212. WhiEst the Ltnrestricted cash balance is a decrease on last year. our intention for the year was to reinvest the surplus Income from 2023 into our seryices and we have maintained a heatthy position wlthln our largel range. comfortably covering our monthly running costs whilst maintaining reserves. The current economic climate Is providing us with some challenges to maintain our income at the level we woukj like to sustain and increase our servlce provision. However, we continue to monitor the cash position carefully to ensure we operate in a prudent way. Page 5
Simon on the Streets Re ort of the Trustees for the Year Ended 31 December 2024 FUTURE PLANS As we move inlo 2025, we find ourselves In a strong position lo build upon our efforts wilh a fully developed and capable staff team across both outreach and fvndraising. The establishment of a robust Community fundraiser will enhance our initiatives, with th& roles of the fundraising assistant and fundraising manager being pivotal in ensurfng continued stewardship of our supporters and the introduction of new events throughout the year. Al the end of 2024, we successfully held another Big Sleepoul event, which signifficantly boosted our income and participant numbers. Whlle we anticipate challenges in 2025 due to the potential economic climate. including the rising cost of living and general price increases for essentials like food and energy, we remain optimistic. Our focus on increasing bids and grant5, coupled with a well-resourced fundraislng leam and a sknlled outreach team, positions us well for success. Additionally, 2025 mark5 our 25th anniversary. a milestone we plan lo highlight in all our communications and fundraising events. We believe that celebrating this significant occasion will not only strengthen our engagement with supporteis but also help us secure additional funding as we showcase our impact over the past 25 years. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Charity is governed in line with its constittjtlon adopted on 9th May 2016. The decision-making process within the ch2TIty Is based on trustees making all decision5 of a strateglc, constitutional and any other 'majorf nature. These decisions are made following debate and iecommendalions of the Chief Executive Officer ('CEO?- Natalie Clark joined the Charity as the CEO in May 2020. All decisions on Ihe day-to-day running of the organisation are the responsibility of the CEO. Any Trustee decisions may be taken elther.. At 8 meeting of the charity trustees.. or By resolution in writing or electronic form agreed by all of the charlty trustees, whlch may comprise either a single document or several documents Containing the text of the resolutions In like form to each of which one or more charity trustees has signifjed their agreement. Membership of the CIO.. The members oflhe CIO shall be Its charity trustees for the time being. The onty persons egible to members of the CIO are ils charity trustees. Membership of the CIO cannot be transferred to anyone else. Any member and charity Irustee who ceases to be a charity trustee automatically ceases to be a member of the CIO. Approved by order of the board of trustees on 25th June 2025 and sign8d on its behalf by.. L Jones-Rowe - Trustee Page 5
Inde endenl Examiner's Re Simon on the Streets to the Trustees of s&w INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SIMON ON THE STREETS l Teport to the trustees on my examination of the accounts of Simon on the Strèets for the year ended 31 December 2024, which comprise the Stat&menl of Financial Activities, the Balance Sheet, and the notes to the accounts, including significant accounting policies. Respective responsibilities of trustees and examiner and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with th8 requiremenls of the Charities Act 2011 ('Ihe Act). I report in respect of my examlnation of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable DiTections given by the Charity Commission under section 145(5>(b} of the Act. Independent examiner's statement Since the charity's gross income exceeded £250,000 your examlner must be a member of a body lisled In section 145 of the Act. I confirm that l am qualified to undertake the examination because l am a member of Tho Institute of Chartered Accountants in England & Wales, which Is one of the listed bodies. I have completed my examination. I confirm that no material rnatters have come to my attention In conn8Ct¢on with Ihe examination glving me cause to believe that in any material respect.. 1. accounting records were not kept in respect of the charity as required by section 130 ofthe Act.. or the accounts do not accord with those records., or 2. the accounts do not comply with the applicable requirements concèrning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 3. 1 have no Concerns and have come across no other matters in connection with the examination to which attention should be drawn In this report in order to enable a propel understanding of the accounts to b8 reached. Matthew Barton BA (Hons) FCA CTA The Institute of Chartered Accountants in England and Wales S&W Partners (Loedsl Limited Accountants 3rd Floor 56 Wellington Street Leeds West Yorkshire LS1 2EE Dale.. 2710612025 Page 7
Simon on the Streets Slalemenl of Financial Activities for the Year Ended 31 December 2024 2024 Total funds 2023 Total funds Unrestricled Restricted fund fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities other trading activities Investment Income 300,962 1,501 13,549 10,191 300,962 123,043 13,549 10,191 266,026 163,206 9,165 7,734 121,542 Total 326.203 121 542 447,745 446131 EXPENDITURE ON Raising funds Charitable activilles 96,778 273,253 96,778 394 795 75,461 335,240 121,542 Total 370 031 121 S42 491 573 410701 NET INCOMEIIEXPENDITURE) {43,828> (43,828) 35,430 RECONCILIATION OF FUNDS Total funds brought forward 291.011 291,011 255,581 TOTAL FUNDS CARRIED FORWARD 247 183 247.183 291011 The notes form part of these financial statements Page 8
Simon o e Stree Balance Sheet 31 December 202 2024 Total funds 2023 Total funds Unrestrlcted Restricted fund fund Notes FIXED ASSETS Tanglble assets 4,842 4,642 4,320 CURRENT ASSETS Debtors Cash at bank and In hand 10 15,713 230 352 15,713 296 564 24,135 310499 66,212 246,085 66,212 312,277 334,634 CREDITORS Amounts falling due wlthln one year 11 {3,524) (66.212) (69,736) (47.943) NET CURRENT ASSETS 242 541 286.691 TOTAL ASSETS LESS CURRENT UABILITIES 247.183 247,183 291,011 NET ASSETS 247 183 247 183 291011 FUNDS Unrestiicted funds 12 247 183 291011 TOTAL FUNDS 247 183 291,011 These financial statements have been prepared in accord8nc8 wllh the provisions appliGabl8 to ch8ritsble companies subject to the small companies regime. The ffinancial statements were approved by the Board of Trustees and authorisod for Issue on 25th June 2025 and were signed on Its behall by: L Jones-Rowe- Trustee The noles fomi part ofthese finandal statements Page 9
Simon stre oles to for the Y Ina de clal Statem8 31 Decem Is GENERAL INFORMATION Simon on the Streets Is a charity incorporated In England and Walgs at Suite 16C and 16D. Crown House, 94 Armley Road, Leeds, LS12 2EJ under ¢ompany reglstered number CE005270 and charity registered number 1165317. ACCOUNTING POLICIES Basis of prèparing the financlal statements The financial statements of the charitable company, which Is a publlc benefit enllty under FRS 102,have bèen prepared in accordance wllh the Charities SORP IFRS 102) 'Accounllng and Reporting by Charities.. Statement of Recommended Practice appllcable lo charities preparing their accounts In accordanc8 wllh the Financial Reporting Standard applicable in the UK and Republic of Irel8nd {FRS 102) leffectivg 1 January 2019),, Finanual Reporting Standard 102 The Finanaal Reporting Standard applicable In the UK and Republic of Ireland. and the Charities Act 2011. The financial slalements have been prepared under the historical cost convention. Going concern The financial stalgments have b98n prepared on a going concern basis. The Trustees have reviewed and consid8red relevant information in making thelr assessment. Given the measures that coukl be undertaken lo nNligole the current adverse condldons, and the current resources availabk. the Truste&s hove concluded that they can continue to adopt the golThJ conc8m basis In preparlng the annu81 report and accounts. Income All incom8 Is recognlsed in thg Statement of Finanelal Activitles once th8 chaTity has entitlement to the funds. it Is probable that the Income will be received and the amount con be measured reliabty. For legaol¢s, entitlement Is taken as the earlier of th8 date on whlch either.. the corrpany15 oware that probate has been granted, the estate has been finalised and notification has been made by the executorls) to the Trust that a distribution 11 b8 made, or when a dislributlon is received from the estate. Recelpt of 8 legacy, In whokn or in part, is only considered probablo when the amount con be measured reliably aThJ the company has been notiffied of the executorfs intention lo make a distribution. Where legacies have been notifigd to the company, or the company is aware of the granting of probate, and the crlteria for income recognlllon have not been met, then thè legacy Is treated as 8 contingent asset •nd dlsclosed if materlal. Donated seNlces or facilities are recognised when the company has control over the item, any onditions associated wth the donated item have been met, the receipt of econo1¢ benefit from the Use of the company of the item Is probable and that economic benefit can bo Measured reliably. In accordance with the Charities SORP (FRS 102), the general volunlegr tlme of the volunteers Is not rec(yJnised and refer to the Trusto88' report for more Information about thglr contribution. Expenditure Liabilities are recognlsed as experKliture as soon as there is a legal or ttinstructive obllgalion committing the charity to that expenditure. it is probable Ihat a transfer of econonNc beneffits wlll be r]ulled in settlement and the amount of the obligation can bg measufed reliabty. Expenditufe 15 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the calegory. Wttere costs Gannot be dlreclly attributed to partlcular headings they have been allOtad to activities ors a basis consislenl with the use of rosources. Fundraising costs Includes all expendllure incurred by the charity to ralse fvnds for 115 charitalAe purposes. It Includes the costs of fund Taising activitles, events and non-charitable trading activities. Charitable activmlès includes all costs incuThed by the charity in undertaking 8ctivities that furthgr 118 charitable aim for tho benefit of the beneficiaries, includlng support costs ond costs Telatlng loo the govemance of the charity apportloned to charitable aclivllla8. All expendlture 1$ Inclusive of Irrecovor8ble VAT. Pago 10
Si on on the Streets Notes to the Financial Statements - continued the Year Ended 31 December 2024 ACCOUNTING POLICIES - continued Tangible fixed assets Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expectgd useful lives on the following bases.. Computer equipment- 3 years OffiGe equipment- 3 years Taxation The cha¥ity is 8xempl from corporation lax on its charitable actlvltles. Fund accounting Unreslricled funds can be used in accordance with the charitable objectives at the discretion of th8 trustees. Restricted funds can only b8 used for particular restricted purposes within the objects of the charlty. Reslrictions arise when specified by the donor or when funds are ralsed for partlcular restrlcted purposes. Further oxplanalion of the nature and purpose of each fund Is Included In the notes to the financial statements. Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contiibutions payable to the charitable company's pension schemo are charged to the Statement of Financial Activilles in the period to which they relate. Debtors Short term debtors are measured at transaction price, less any impairment. Cash and cash equivalents Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equival6nts are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amour¢ts ol cash with insignificant risk of change in value. Creditors Short term creditors are measured at the transaction price. Functional and presentation currency The company's functional and prosentalional curr8ncy is GBP {£). OTHER TRADING ACTIVITIES 2024 2023 Fundraising events Page 11
on on the Streets Notes to the Financial Statements - continued fort e Year Ended 31 December 2024 INVESTMENT INCOME 2024 2023 Interest receivable- trading 10.191 NET INCOMEI{EXPENDITURE} Net in¢omel{expenditurel is stated after chargingl{crediting)'. 2024 2023 Depreciation - owned assets 2,256 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. STAFF COSTS 2024 2023 Wages and salaries Social security costs other pension costs 299,365 22,001 6,700 237,635 15,461 5,249 328,066 258,345 The average monthty number of employees duTing the year was as follows.. 2024 12 2023 No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 266,026 266,026 Charitable activities Charitable activities 5,750 157,456 163,206 Other trading activities Investment income 9,165 9,165 Total 288,675 157 456 446,131 Page 12
Simon on the Streets Notes to the Financial Statements - continued for the Year Ended 31 December 202 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestrided Reslricled fund fund Total funds EXPENDITURE ON Raising fund5 75,461 75.461 Charitable activitles Charitable activities 177,784 335 240 Total 253,245 157,456 410 701 NET INCOMEI(EXPENDITUREI 35,430 35,430 RECONCILIATION OF FUNDS Total funds brought fOard 255,581 255,581 TOTAL FUNDS CARRIED FORWARD 291,011 291,011 TANGIBLE FIXED ASSETS Office Equipment Computer equipment Totals COST At 1 January 2024 Additions Disposals 1,828 7,178 3,094 1,068 9,006 3,094 1,068 At 31 December 2024 11,032 DEPRECIATION Al 1 January 2024 Charge for year Eliminated on disposal 203 610 4,483 2,147 1,053 4,686 2,757 1,053 At 31 December 2024 813 5,577 6,390 NET BOOK VALUE At 31 December 2024 At 31 December 2023 Page 13
Simon on the Streets Notes to the Financial Statements - continued for the Year Ended 31 Decembèr 2024 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Other debtois Accrued income Prepayments 1,218 80 500 1,887 6,350 14.415 24,135 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Othei creditors Accruals and deferred income 2,014 1,511 66,211 6,427 41,516 47,943 12. MOVEMENT IN FUNDS Net movement in funds At 31112124 At 111124 Unrestricted funds GeneTal fund 291,011 143,828) 247,183 TOTAL FUNDS 291,011 43,828 247 183 Net movement in funds, included In the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 326,203 {370,031) (43,828) Restricted funds Restricted fund 121,542 (121,542) TOTAL FUNDS 447.745 491573 43,828 Page 14
Sim e Slre8ls Notes ort 8 Financi81 Statements - continued Ended 3 De¢ bei 2024 12. MOVEMENT IN FUNDS- continued CompaTatlv8s for movemenl in funds Net movèment In funds At 3111123 At 111123 Unrestricted lunds General fund 255,581 35,430 291,011 TOTAL FUNDS 255 581 35,430 Comparatlve net movomènt In funds, included In the above are as follows: Incomlng resources Resourc9$ expended Movement In funds Unrestricted funds Gener81 fund 288,675 (253,245) 35,430 Restrlcted funds RestrlLted fund 157,456 (157,456) TOTAL FUNDS 446 131 410.701 13. RELATEO PARTY DISCLOSURES There were no related party transactions for the year erKlod 31 D8cember 2024. Page 15