## **ANNUAL REPORT AND FINANCIAL STATEMENTS** **AUNTY RUTH’S INCORPORATED CHARITY LIMITED BY GUARANTEE** **FOR YEAR ENDING 28[TH] FEBRUARY 2022** **CHARITY NUMBER: 1167001 COMPANY NUMBER: 08909031** ## **Aunty Ruth’s** ## **Contents** **Page 1 Legal and Administrative Information Page 2 Trustee Report Page 7 Independent examiner’s report Page 9 Statement of Financial Activities Page 10 Balance Sheet Page 12 to 32 Notes to the Financial Statements Page 33 End of Report** ## **Aunty Ruth’s Directors/Trustee Report** ## **Year Ending 28[th] February 2022** Aunty Ruth’s has been existence for eight years and has had a presence in Fairwater, Cwmbran for around five years. Our Charity shop, located at 10 Fairwater Square, Fairwater, Cwmbran NP44 4TA., opened in July 2017. We are quite well known now with the community and whilst the last couple of years have not been so good due to the pandemic, the residents of Fairwater really missed the shop when it was not able to open due to the Covid-19 Lockdowns. ## **Charitable Activities** The majority of Aunty Ruth’s income has been generated by shop sales £16,525 an increase of over £6,500 on last year. Other activities that generate funds are the sale of Rags (damaged clothing, that would normally be thrown away) £48 and for items that are not good enough to sell in the shop or have been on sale for a long time without any interest in them, they are sold to “Clothes for Cash” £695. Boot sales this year netted us £50 Online sales via Aunty Ruth’s Facebook page _www.facebook.com/groups/3181993441844305_ £534, Other on-line sales like “We Buy Books” £487 Unfortunately, due to Covid lockdowns and restrictions, our regular sources of charitable income, “The Cwmbran BIG Event” and “The Pontypool Party in the Park”, were not able to take place, but we hope to be back with our ever-popular games of Hook a Duck, Name the Bear and Lucky Dips for children very soon. In August, however we were able hold a charity auction and quiz. This was held at Light House Church, Sebastopol. All proceeds from this event were Page 1 of 32 Restricted and the total raised was £624 Bringing the total raised by Charitable Activities to £18,963. Aunty Ruth’s also received from Torfaen Council, Firebreak Lockdown Grants which amounted to, £7000. All this money has been allocated to our Beneficiaries as described below and will be paid to them during 2022 Expenditure on Charitable Activities this year equates to £10,501 ## **Donations to Charities and Charitable Organisations** Each year the trustees decide which charitable organisations will benefit from the charity’s income, keeping in mind the objects as laid out in section 4 of the Governing Document as follows – The prevention or relief of poverty to children and young people within Israel and the United Kingdom as the trustees see fit, by providing or assisting in the provision of education and healthcare products ## **Beneficiaries** **The Carmel Congregation Haifa** – Specifically for their **Women’s Shelter Ministry.** For the purpose of Saving Lives **£1500** - www.carmelcongregation.org.il/ministries/womens shelter The residents of the shelter are refugee asylum seeking women and their children. They have escaped both political and religious persecutions and suffered greatly in the journey to Israel the shelter has also received young children who had been separated from their families at the border. The shelter provides them with all their needs i.e., Accommodation, food, clothes, healthcare, schooling, assistance in life skills and special tutoring for the children. Page 2 of 32 **Be’ad Chaim** (Pro-Life Israel) Operation Moses Program for the purpose of saving lives **£1500** ## www.beadchaim.com Their aim to preserve life in Israel by offering viable alternatives to abortion, resources for mothers in need, pregnancy counselling, as well as education initiatives. Our donation this year has helped save the life of a baby girl, Elmar who lives in Acre, when her parents found out they were pregnant with Elmar, they did not know how they would manage financially has they already had a 1-year-old child. Elmar’s mother did not want to abort, so she reached out to Be’ad Chaim. Our Donation has supplied Elmar’s parents with a Crib and sheets, baby bath, stroller and monthly vouchers for the year to purchase other essentials items. **Vision for Israel** (The Joseph Store House Trust) **“Pack to School” project** . For the purpose of Educational Advancement. **£1500** www.visionforisrael.com/en/projects Education is vitally important to the promise of a better future for Israel. It’s proven to help provide greater social and economic mobility for families and has the power to lower the staggering poverty rate in Israel. By providing students with the tools, they need to go to school. Our donation would be enough to purchase 100 school back packs which are crammed with the necessary equipment and books to help children reach their full potential. **A donation of £1000** has also been given to Vision for Israel to give aid to the Ukrainian Jews that were being displaced from their homes due to outbreak of the war **– City of Life Ministry Sderot** – Sderot Music School for purpose of - Education **£1500** https://www.clm israel.org/projects/ O ur donation is to be used to purchase some much-needed instruments for the children. Numerous studies have shown, music is a powerful tool that helps children to feel better and facilitates communication with Page 3 of 32 others as well as allowing them to free themselves of stored emotions by making them able to express what they feel. 40% of children in Sderot, a city less than a mile from the Gaza Strip that is frequently attacked by rockets, experience symptoms of anxiety, fear, and post-traumatic stress disorder (PTSD), for this reason, the approach to music is essential for the traumatized children of Sderot The Trustee’s and Volunteers of Aunty Ruth’s gather yearly for a celebratory year end meal to say thank to the volunteers for all their hard work. At this meal, they are asked to put the name of a UK Children’s charity into a hat and so, the UK charity is randomly chosen. This year Barnardo’s was chosen and so, Barnardo’s will receive our £100 **UK Charity** donation. Barnardo’s helps protect, support and nurture the UK's most vulnerable children; www.barnardos.org.uk ## **Volunteers** During the year Aunty Ruth’s had ten volunteers, three of which were Trustees. Volunteers are the backbone of Aunty Ruth’s Charity, as without them we would not be able to operate. Offers of help are always welcomed. Contact us at aunty.ruths@gmail.com or on 0800 644 6561 Page 4 of 32 ## **Approval** This report has been reviewed and agreed by electronic communication on 21st November 2022 by the trustees (Mr Paul Goddard, Mrs Jane Jones, Mr John Harrold and Rev Martyn Perry). Mr Paul Goddard has been authorised by the Trustees to sign this report on behalf of all. ## Paul Goddard Page 5 of 32 CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the tru¥tstsl members of AUNTY RUTH'S INCORPORATED CHARITY LIMITED BY GUARANTEE On accounts for the year ended 28 FEBRUARY 2022 Charity no lif any) 1167001 Set out on pages 1-24 I report to the trustees on my examination of the accvunts of the ab)ve cherity {Yh¢ Tru?t'l for the year ended 2810212022 Responsibilities ond basis of report As the d)arity'3 truth¢¢3, you are re3pon?ible for the preparation of the accounts in accordance wtth the requirements of the Chanties Act 2011 {Ihe A¢t'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent tT examiner's statement ot applicable. I have t￿Mpleted my examination. I confimi that no material matters have come io my atteniion In connection wrtn the examination letAef-V ') whth gives me cause to believe tha in, any material respect. the accounting recnrds were not kept in accordance wrth section 130 of the Charities Act,. or the atxounts did not accord v￿h the accounting records; or the attounts did not comply with the applicabte requirements concerning the form and conlenl of accounts set out in the Charities (Accounts and ReFQrtsl RegulatKJns 2008 other than any requirement that the accounts give a 'true and fai¢ view which is not a matter considered as part of an independent examination. I have no Gon￿m? and have come acroa8 no other mattera in conn¢Gtion with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. ' Please delete fhe words in the brackets if they do not apply. Slgned: Date: 1811112022 Name: ALISON D HARRINGTON Rgl•vant prof•ssional qualification(s) or body IER Oct 2018 e6of32 Ilf any): Address: 3 ASH GROVE V IEW BODENHAM HEREFORD, HR13LU Section B Disclosure Only cornp￿e rf the examiner needs to highlight material matters of concern {sao CC32. Indopandant èxamination of ¢harrty )e￿￿nts.. diroctions and guidan￿ for examiners). Give here brief details of any items that the examiner wishes to di5GIose. IER Oct 2018 e7of32 CHARITY COMMISSION FOR ENGLAND AND WALES Aunty Ruth's Chari 1167001 Annual accounts for the eriod Period start dat 0110312021 Period end thie 28IOW2022 Section A statement of financial activities Re$trf¢ted income funds Recommendedcategoriesby Unrestricted funds Endowment furKIs Prioryear funds Totalfunds Incomin Note3 Income and eThJowments from.. resources F01 F02 F03 F04 F05 DcfftatioDs I￿aCle3 7,065 18.170 1,180 778 8,245.00 £ 18,948.00 13,153 11,312 Sn2 OlhÈrtradirtJ *11￿11￿$ S03 InveSt￿e￿I SD4 41.00 88pgrae mal*lal It￿ dlncome Olh S05 S06 1.00 Total S07 £25,234.00 £1,957.00 £0.00 £27,191.00 £24,483.00 Resource5ex Expet*fture on.. ended Note6 S08 SD9 10,454 £ 10,504.00 8,822 dew8e Slo Olher-Dl￿￿l(￿SGl 100 £10,554.00 7.000 £7,050.00 7,100.00 £ 17,604.00 5,173 £13,995.00 Total Netlncomellexpendtturelbeforelnvestment galnslllossesl S12 S13 £14,680.00 5,093 £ 9,587.00 1.00 £ 9,588.00 £10,488.00 Otheroainslllossesl ROU￿￿1n￿ Netln¢omellexpendl￿re> Extraordinaryitems Transfers betweenfunds Otherreco nised ainsl S15 £14,681.00 -£5,093 £10,488.00 S17 GÈins3nd |05Se5on r8ws1ua￿￿ &fixEd $558￿￿￿e￿￿*ty,5tsWTr u5È O1hP.r9￿irn￿llTh￿.￿lcQrPTaX ForPr￿1￿￿ye3r￿Q2l 2.090 £12,591.00 2,090.00 £ 7,498.00 NetmovÈmÈntln funds S20 -£5,093 £10.488.00 Re¢on¢iliationoffund$.' Tola lundsbioughlftsmard 22,259 £34,850.00 5,135 10,228 £ 17,124.00 £ 24,622.00 6,636 £17,12￿00 Totalfundscarriedfonyard S22 e8of32 Section B Balance sheet Restricted in¢ome funds Un￿$tr￿¢te funds Endowment funds Totsl thls To¢al last year year Fixed assets Intangible assets Tangible assets Heritage assets Investments F01 F02 F03 F04 £0.00 £0.00 £0.00 F05 (Note 151 (Note 141 (Note 161 (Note ln otal ixed assets 801 B02 803 B04 £0.00 £0.00 BOS £0.00 £0.00 £0.00 £0.00 Current assets Sto¢k$ {Note 181 Debtors (Note 191 Investments {Note 17.41 Cash at bank and in hand (Nots 241 ota current assets B06 £0.00 B07 3,782 £3,782.00 £0.00 £33,049.00 36.831.00 2,258 B08 Bog 33,049 36.831 25,760 £28,018.00 B1 0.00 0.00 Creditors- amounts falling due within one year (Note 201 7,209 £7,209.00 2,894 et current asset ia B12 29,622.00 0.00 0.00 29.622.00 £2S.124.00 ota assets ess current ia B13 .00 £25,124.00 Creditors: amounts falllng due after one year (Note 201 Provisions for liabilities B14 5,000 £5,000.00 £0.00 8,000 B15 Total net assets or liabilities B16 £24,622.00 £0.00 £0.00 £24,622.00 £17,124.00 e9of32 Funds of the Chari Unrestrlcted funds Restricted in¢ome funds EndowmÈnt funds Total thls Total last year year Brouht Fwd Rounding 23,447 -6,322 17,125 £1 6,637 Taxation - Prior year adjustment Endowment funds (Note 271 Restricted income funds (Note 271 Unre$trl¢tod funds Revaluation reseNe £0 £0 B17 B18 -5,093 -£5,093 £12,589 £0 £24,622.00 -2,741 13,229 B19 12,589 620 Total funds B21 36,037 -£11,415.00 £0.00 £17,124.00 Trustees/DireGtors office during this year- Alrs Jang Jones Mr Paul Goddard Rev Mortyn Perry Mr John Harrold- Sincg November 2021 For the financial year ending 28th February 2022 the Directors are satisfied that the Charitable Company was entitled to exemption from the requirement to obtain an audit under section 477 of the ¢¢mpanies Act 2006. However as the Turnover has excedded £25,000 an Independant Examination of the Accounts is required. No members have required the charitable company to obtain an audit of its accounts for the year in question, in accordance with s¢¢tion 476 of the Companies Act 2006. Thg diroctors a¢knowlgdge th9ir ro$pon$ibilily for Complying wilh the rgquiremonts of th9 Acl with respect to accounting records and for the preparation of accounts. Thes¢ a¢¢ounts have ￿On pr¢par¢d in ac¢ordanc¢ with the provisions applicabl¢ to ¢ompani¢s' subject to the small companies, regime The directors acknowldge their reponsibility for ensuring that the company keeps proper accounting rècords which comply with section 386 of thè Act and for prèparing financial statements which gi¥è a trua and fair view of the state of affairs of the company as at the end of the financial year and it's profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far is applicable to the company. Approved by the Trustees at general Trustee Meeting on the.. 20th S8 tember 2022 Signed on their behalf.. Print Name- Mr Paul Goddard Postion Trustee 1f)(Jff Section C Notes to the accounts Note 1 Basis of re aration This section should bo completed by all charitigs. 1.1 Basis of accountin These a¢counts have been prepared under the histOri¢81 cost ¢onvention wth items recognised at cost or twns8Ction value unless otherwise stated in the relevant notelsl to these 8¢¢ounts. The accounts have been prepared in accordance ￿rith.. the Ststement of Recommended Pra¢tice'. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and wlh" The charity constitutes a publi¢ benefit entity as defined by FRS 102." TRUE 1.2 Goin concarn If thero are material uncertaintlgs relatgd to avgnts or conditions that cast significant doubt on the charitys ability to ¢ontinue as a going con¢ern, please provide the following details or state "Not appli¢able" if appropriate.. An explanation as to those factors that support the conclusion that the charity is a going concem., Not Applicable Disclosure of any uncertainties that make the going concem assumption doubtful., Where accounts are not prepared on a going concern basis, please disclose this fa¢t together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concem. 1.3 Chan e of accountin olic The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }. Yes, -Tick as appropriate No, Please disclose.- (i) the rtatU￿ of the ¢hange in a¢¢ounting poli¢y.- {ii) the reasons why applying the new accounting policy provides moro reliable and morg rolgvant Infomiatlon,. and (iii) the amount ol the adjustment ft)r each line affected in the current period. each prior period presented and the aggregate amount of the adjustment relating to periods before those presgntad, 3.44 FRS 102 SORP. U(Jff 1.4 Changes to accounting estimates No changes to accounting estimates have OCCLJrred in the reporting period13.46 FRS 102 SORPI. Yes. No. -Ti¢k as appropriate Pl8as8 disclose.. (i) the naturg of any chang8s,' (ii) the effect of the change on income and expense or assets and liabilities for the current period.. and (iii) where practicablg, thg 8ff8ct of th8 change in ong or more fvture perlods. 1.5 Material prior year errors No material prior year error have been identified in the reporting period13.47 FRS 102 SORPI- Yes, No" -Ti¢k as approprlate Plgase disclose.. In the prevlou$ year a¢¢ount$ endlng Feb 2021. Grants of £11,000 were received and remaind unspent 8t the year end. But Corporation Tax wa5 not calculated at that year end. The error was corrected during the next ear 2021 to 2022 (i) the nature of the prior period emjr.. (li) fi)r gach prior period presgnted in the accounts, thg amount of the ¢orre¢tlon for ea¢h o¢¢ounl Ilne Item affected,. and {iii) the amount of the correction at the beginning of the earliest prior periodpresented in the accounts. 'On the SOFA -other Gains and Lsses- £2090 To be paid with interest during 2022-2023 accounting period On the published accounts of 2019 The entry of "Total Fund5 Brought Fwd" for the prior year , was ornitted. Thus giving a diffÈrÈntÈ of £86 for eath of the ryotal funds brought fivd" for each of the years 2019,2020.2021 (i) the nature of the prior period error.- This has now been correctod t2(Jff Section C Notes to the accounts cont. Note 2 Accountin olicies Plgase Gomplete this notg when r&porting under FRS2102. SeGlion 35 of FRS102, requires 3 rgGonGilN8tions to be presented, if all are applicable. 2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE Please provide a description of the nature of each change In accountlng pollcy No change to the accounting policy in this financial period Rewncilation of funds per previous GAAP to fvnds determined under FRS 102 Start of period End of period Fund balances as prevlously stated Adjustmonts.. Fund balance as reststed Reconcllatlon of net Income/(net expendllurej per prevlous GAAP to net Income/(net expendlture) under FRS 102 End of Net incomellexpenditurel as previously stated Adjustments.. Previous period net incomellexpenditurel as restated 3(Jff Section C Notes to the accounts cont Noto 2 2.2 INCOME Accountin olici85 TrisslandardlislofaGGountingpoliGieshas b&enappliedbylhechantyexGePtfoTthos9tlGkgd"No"or"N/a". Whgroa different oroddytion4lpglioyhgskenwloptedthFn this isdetailodin the boxbelow Theseare Included In ihe sialemenl of FinancialAciiMties (SOFA)￿en.. thètharitybecomesentlt￿d tothe restsurtes". it 1$ more likelythan r￿thstt￿tsUStee$￿1ll retsive resourtès, a Ihs monelaryWa￿9 be m8asured sufficient r8Iabilty. ROCOgn￿On of income Yes Nla OflGettSng Thgre has beennDoffsetbry of assets and liabilitkps, orinwnpend expenses. required or pemiitted byihe FRS 102 SORP or FRS 102. Yes No Nla Yes No Nl Gronts and donaiions Grants dowtio￿ are onlyincluded in the SoFAthenthegeneral Income recognition crit8ri5 sr8 m8ti5.10to5.12 FR$102 SORPI. In the case ol performaNe reLqied gr8nts, Income musl onlybe reco9nlsed lOt￿e￿tent Ihallh9 chaTityhas prowded Ihospecffied go(MJs orserwces as9￿t￿mentIo1lEgra Onlyoccursw￿nt￿ pèrform£ncÈ related cOnditiDns are metlS.16 FRS 102 SORPI. Legacies ar9 irKluded in Ihg SOFAwhen re￿IPl Is probab￿. Ihatis, when there has bgen grantof probate, the execthors have established Ihatthere are sufficientassets Inthp estatea￿ Snycor￿jIIOns att8ehed Lolhe leg8cyare either wilhnthe conlrolof the c￿rity orhave been mel. Yes No NIÈ Yes No Ml8 Le9ocles Yes No Nla Govemment grdnts The chariiyha5 ￿e1ve￿ governmenlgrants In ihe rep(Kbng peri GrftAd receivable Incl￿ed in I￿ome when there Isa Val￿ declaration from ihe donor. Tax reclBlms on donatlon$ Anycift amount r8cov8r8d ona donation is mnsidered lo partof th81 gffta￿ is and glft treated as an additson tothesame fund Ès the ifitial don8tion UTh￿$ thedomr orihe term501l￿appea1 have Specified otherwise. Ye$ Yes No ¢onlra¢lual income and Thi4 Is onlyincluded Int￿ SoFAonce Iheeharityhas prowded the re￿ted go￿5 or performance related 9rants somcosormotlhe p9rforma￿e r9kted conditions. Yes No DonatedgDDdsare tnpasured atfairvaluB Ilhe aMDUntforMth￿h1he asSetCau￿ be excharyedl Un￿SS IMpraCt￿all0￿oS0. Th8 Costof anystock Df goods donatsd fordistribut￿n to b￿n&￿a￿&S d88med to b8 Ihe faifv81ue ofihose glftsALlhe timeolthelr receipiand theyare ￿CO9￿1sed on receipi. Inth9 reporting wriod IDthKhlhg slocksare distributed, theyare r9cognised asan expènse atthè tsryng amountof Ihe $iOtks atd1sthbut￿￿. Donaied oood5f0rresa￿2re measured atfalrwdlue on ini￿al recogni￿0￿. whlch Is the eypecled pro￿edS from Sa￿ les5the e￿ected costsof ￿le, arK1 recognised In'kncome from othprtrading actlirybes'￿1￿ the correSPDthiry st{￿k recognised In balanc8 sheet. On Its Sa￿ Ihe value of stock L% charoed against'lNome from Oiheriradi act￿￿19$. the proceedsfrom sale arealso recognised as'lnc(vne from olherlrading actiwties,. Yes Donated goods Yes No Ml8 Yes No Nla Goodsdonat8d lorD￿9DIng us8 bylh8 charityar8 r￿cogn￿ed astangibl8fix8d as58ts and Incl￿e￿ Inthe SoFAas Ir￿Oming resourceswhen receivab￿. Yes No NIÈ GKts in klnd for use bythèthariiyare In￿￿ed In the SoFAas i￿ome from Wtr*nrece￿db1e. Donaied sepéices facililles are included intheSOFA￿then recelved al ihe value of the gfft tothe charitypr￿1d8d Ihg value of the gfft measured reliably. Yes No Nl8 Donated 59rvKes and Donatéd S8TMc8sandfacilitk?sthatar8consum8d imm8di3tslyar8 r8cogni%8d as1￿0￿ than eoulya￿nI amoum recryrised as aneYpenseu￿er the appropr￿le heading in the SOFA. Yes No Nla Yes No MIÈ Support costs ThechaTityhas incurred ewerdilure on supportC05ts. Yes No Volllnt••r h•lp The va￿e ofany vo1untsryhèbreteiV￿ i% mtimluded inthè actounts but Is destribèd In the Irusiees, amual report. Nla Yes No Nla Incorne from Interest, royattles and dlvldends Is InCIL￿ed In ihe aCCOUntsthen recelpiis probab￿ and I￿SMoUni￿er￿BblÈ t£n be measured reliabty. (Jff 2.3 EXPENDITURE AND LIABILrriES Liebilities are retO9ntsed W￿re it i4 mort Iketythan n0tthalthè￿ is 8 leyalor conslruclp* obl￿all0￿CoMmIttiw the charityio payout resources and t￿ amount oflhe obligation be measuredwith reasonwbl¢ cert8inty. Yes No Nl* Llablllty recognlllon es Govèmancè and support ¢osts Supportcosis have been allocated beiweengovemance costs other support. Gov8TnarKe rnsts wmpriseallcosls inv￿%￿n9 publK acwuntabilityollh&cFHrityand rts compl&£ntswith reyulation$nd good practice. SupportCOSts includètentralfurttions Ènd have bèènÈlkntated to athirityCOSt categories on a basis consi51enlwithlhe use of resource5. eg alk>caling propertycosts byfiooraroas, or percapita, staff costs by1tr￿ lime sp9Dtand olhpr w515 bylheirusage. Yes No Nla Ye¥ No Nla Grants wfth perforniance condltlot)5 Where1￿ charilygi￿ a gr8n1￿th condltlons forits payment being 8 specific le¥elof semcoor othputlo be provided, suth grants areonty recogn￿e￿ IDlhe SoFAonce Ihg recipientof thBgranthas proirided specified serviceoroLrtput. Gr&r￿ pAyabk wthtsut p8rformanc• conditHJn Wher91k￿rg are no conditions att8chingtoth9 grantlhatenabbs IF￿d0￿r￿￿TitytO alisticaltyavowy the commthent, a habiiityforthefullfundln9 obllg£th)n must be rgrognised. Yes R4dundathty cost The thatitymade no redundartypaynents duriry rewrtinu petitid. Yes No Nla Yes No Mla Deferred Income No material Item of defe￿e￿ I￿oMe has been irKluded In the accounts. Ye¥ No Nla Credftors The chariiyh95 crediiors￿￿h8re measured atsetuemeniamounts less anylrade Alidbilityis measured on ￿0¢n￿K)n al115 h￿￿rIC￿l cosland then subsequent measured althe t￿StestImate0f amouttt required lo settL9 the Obl￿3110￿￿t the rep￿ty￿ste Yes No NIÈ Provisb?n$ for liabiliti•s Yes No Nla ThechaTityaccourtsforbasicfinancval in51rumentsoninthalrec0gnit￿n as wrparagraph Bas￿ fithancial instrum4rbts 10.7 FRS102 SORP. SubsequenimeasLrementisas perparÈgrydphs 11.17 10 11.19. FRS102SORP. (Jff 2.4 ASSETS Theseare capitahsed illhgycafj bg used for Morethan0r￿I￿ar. and cost at bast £500 T4ngible fixgd assets for u89 by char Ytr¥ Nla Theyarevalued atcosl. The depreci£th)nrates and meihods used art disclosed innote9.2. Intangib￿ fixèd ags•ts The chariiyhas IntanyitrAe fixed assets. thaiis. non-monèL8ry8ssetsthaido not have physKalsubst8nce bth are ￿lent￿￿ble and a￿ (x>ntrolled byihe charityihrough custody orhgalrights. Th&amorbsalion rates and mglFwJds used are disclDsed innole9.5 Yes No Mla es No Theyarevalued atcost. Heritsge assets Theehariiyhas ￿rItr9e assets. thati4. mTrmonetsryassetS wth arti4liC, scienlrfic. lechrK>logical. geophysicalor erNironmenlalqualilieslhaiare held aTK1 maintain8d principaltyforth8ircontribLrtiDnto knovA8dg8 and cuMur8 Th8d8pr8ciation rates and methods usedas discbsed In rbxe 9.6.1.4. Yes Th8yar8 valued atCDSt. Fi¥gdassetinveslments inquoled shares. traded bonds and simlarifjv8slmgrts are valued al InitFlyatcost and sub59queDly atfairv?lue Ilhpirmarkel valuelal the year etvj. The same trethent is &pplÈd to unlisted invèstments unless fair vsluè canntstbe measured ￿l￿bIll￿whICh case iti% measured al cosi ￿$S ImpaimienL Yes No Nla Investrnents Yes No Nla ItTrestments he￿ fOrre5a￿ Drpending tFEirsaleand cashand cashequr¢alentswith a mawriiydale ofles5 than 1 yeara￿tre81ed as ￿￿ntasSet1westhents Yes No Ml£ Stocks and work irt Pft)gress Stocks fors81e as partof non4hariLaNe trade are me8sured althe h)werorcosLor ￿1 realisabkyalup. GoodsorseThicos prO￿￿eda& part of achatitable actriityare measured alnelrealisable valuB ba￿ onthpsetbice potentia1pr￿ryd2d byitems af stodo. Yes No Yeg Work in progress is walued atC051 les5 anyforeseeable k>5Sthal Isliketytooccuronthe contract. Deblorslir￿ludIKytradedebtOrS loans receriablel are measur& oninthalrecognilion al sellknmentamount afteranylrade d￿Count5 oramounladvarK9d bylhe charity. Subsoqugnlty, theyaremeasurpd atthpcagh orotFEr considerat￿￿ expected tD be received. Yes No Debtors The chariiyhas h8S investments whichit hdds fOrreSa￿ or pe￿Irn9 theifs8le C8Sha￿ cash equiWa￿DtS ￿1th a m*uritydale ￿5S Ihanone year. These irKlude cash on deposita￿ cash 8quivak8nts Mryth a maturitydats of thanon8 year hO￿fOr invBStm8nt Purpo￿ rath8rthan to meeismbriiemi c£sh commitmenisas Iheyfall due. Yes No Mla ¢uThent ￿￿et inveslments Yes Theyare Va￿e￿ al fa1ryaluee￿Pt￿l￿rB 11￿YqUalrfyas basicfirbancial IDslrumenls. POLICIESADOPTED ADDITIONAL TOOR DIFFERENTFROMTHOSE OVE The charity received CoTrrid.19 related grants during the yearsee Note4fordetails (Jff Section C Notes to the accounts cont. Note 3 Anal sis of income Unre$trl¢ted funds Restrl¢tsd Endo%sTh¢nt Inc