NavEurope NAVEUROPE A Charltable Incorporated Organlsatlon Charity Registered in England & Wales no. 1168983 ANNUAL REPORT AND ACCOUNTS 2024-25
NAVEUROPE ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025 CONTENTS Raport of the Trustws 24 R•fer•n¢• and Admlnlstratlve Infomiatlon statement of Trustees. Responsibilities Indepondont Examlnerfs R¥p¢rt to tho Trnsltts St*tsmènt of Flnanelal A¢t1vIe# Balancg Shggt Not•8 to the Accounts 10-14
NAVEUROPE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 The Trustees present the annual report and financial statements of NavEurope I'lhe Charity'l for the year ended 31 August 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice applicable to charth'es, preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK {FRS1021. OBJECTIVES AND ACTIVITIES The main objective of the Charity is to advance the Christian religion in Europe and such other areas as the Charity Trustees may from b.me lo time decide for the public benefit through evangelism. leaching. mentoring, training. individual personal development. the publication and distribution of related material and such other charitable means as the Charity Trustees may from lime lo lime decide. We are committed lo helping people come to know Christ. lo live as Christ's disciples in society and to be equipped to help others to do the same. This is expressed in our calling.. 'To advance the gospel of Jesus and his kingdom inlo the nations through $pirilual generations of labpurers living and discipling among the lost,. Our core values and vision have been idenliffied and these provide the founllation for our Strategy for ministry. Throughout our ministry we wll Continue our focus on knowing, loving and becoming like Christ the truth and sufficiency of the scriptures the transforming power of the gospel the leading and empowering of the Holy Spirit expectsnl farth and persevering prayer NavEurope is an umbrella organisalion for the Navigators in Europe. The Navigators is an inlemalional Christian movement seeking lo advance the Chnslian religion worldwide whi¢h has a number of affiliated non-piofil organisalions based in Europe. NavEurope provides support and leadership to the work of Navigator ministries in Europe. NavEurope promotes a mutual exchange of experiences beeen the various existing Navigator ministries in Europè and Seeks lo develop ministries in European countries wth no national Navigator work. 11 also maintains links with The Navigators- a non-profit organisalion registered in Colorado Springs, Colorado. USA. These objectives a achieved through the provision ol financial and human resources and assistance to European Navigator ministries lo help them as they work with churches and individuals in teachin9 biblical principles and understanding of the Christian faith. The main activits'es undertaken by the Charity are the support of local Navigator inilialives across Europe, the arranging of Navigalor conferences. the development of current and emerging Navigator leaders in Europe, and the provision of European student training programmes. The Trustees have had due gard lo the Charity Commission's guidance on public benefff(. NavEurope is working for the public benefft by supporting Navigator ministries in Europe as they seek to help people understand the transfomiing power of the Christian Gospel and to be trained both In greater depth of understanding and in ways of sharing their Iwes with others so they in lum would have a similar impact. This enables individuals to be MO responsible for themselves and better able to serve Ih¢)se around them and the communilies in which they live. ACHIEVEMENTS AND PERFORMANCE The work of NavEurope has continued to progress well during this year, benefiting from the faithful work of many across the region. The Trustees are delighted to report another year of positive achievement and perfomiance against the goals we have set. The end of the 2024-25 has seen a Iransrtion of NEB Board Chairs from Chris Appleton lo Frank S¢hlichtenbrede. As a Board and European Leadership Team we would like to thank Chris and his wife Judy, for their many years of farthful sacrifice. Much of the progress listed
NAVEUROPE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 (continued) below would not have been possible wiUK>Ut the wisdom and Christ centred leadership modelled so well during Chris, tenure on the European Board. Our overall aim for NavEurope continues to be the health and fruitIneSS of our grass roots mini51ries. To achieve this the Regional Leadership Team has launched 5 regional strategic initiative5 during 2024-25. NextGen Regional Leader Development The NextGen Leadership development initiative was launched at the end of 202425 with a cohort of 16 delegates. The first cohort will run for 2 years. We are trusting Christ for growng number of cross cultural, regional leaders. Mentoring Alongsiders Inrtialive To complement the training of a new generation of regional leadership, we have also designed and launched an inrtialive lo encourage and develop leader5 In their local ministry context. Vve will be recrurting experienced leaders to come alongside key grass root ministries in the prayerful hope ol encouraging in¢asIng health and fruiffulness. Care Nerk The Regional Team are very aware of the stresses and strains of ministry life. The Care Network initiative is aimed al providing 'proa¢tive' support for Navigators in areas such as spiritual health, relational health. teamwork. and conflid resolution. Regional Office Resource¥ We have been very encouraged by a growng sense of unity and family across our regional work. One major catalyst has been the developmenl of regional office resources. This year we have added the additional roles of a Regional Operations Manager and Regional Fundraising Support. There has been an encouraging response to our regular regional news update and investment in communications and IT Infrastructure. We have estsblished a new website at WVAV.navigalors.eu and the news pages of this contain many more examples of the grO%h and impact ol our ministry. Regional Fundraising Strategy With the help ol experiencet1 members of our European Board. we have begun a 5 year financial 9rovAh slcalegy and a parallel Strategy for regional fvndraising. We continue to invest heavily in our abilty to send and receive missionaries. Jaap Korving has boosted our regional staff capacity by coordinating the arrival of several new staff to support our pioneenng and maturing ministries. The MissDn5 Working Group have also coordinated our short-lem programs wlh a view to developing missional sending wlhin the region itself. We are looking to boost this wr(h a new missionary training program in 2025-26. The European Region has a150 played a key role in the grovrth of our Worfoknde Partnership. 1. During 2024-25 we sent an experienced delegation of leaders lo two intemalional gatherings in Zambia. 2. Four of a senior leaders played a $igniffi¢anl role in electing a new Intemalional President for the Navigators. 3. Our Regional Leadership Team hosted a cohort of senior American leaders in January 012025. This has led lo an increasing interest in both our relational leadership posture and our approach lo secular ministry. Overall, the Trustees are greatty encouraged by the continuing sense of unty wthin the Navigator communty in Europe, the level of comrnrtment to our calling and the p05rtive steps fonard being tsken. FINANCIAL REVIEW The balance sheet shows totsl nel assets of É160.663 (2024: É156,3031. There are no funds in deficit in the accounts.
NAVEUROPE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 (continued) Incomè The total income for year was É217,159 {2024'. É167.3751. Of this, É136,029 12024.. É133,400) was received in gifts and contributions from Navigator organisations in Europe and the USA. A further É46,217 was donated by individuals. including tsx re¢laimed12024". É13.8631. Income from charitable a¢tivib"es Imeelings and training Courses) of E31.468 12024". f17,1511 was received. The increase in income from charitable activities rellects the expansion of the charity's annual conference and the rtrintroductson of a payment for attendance by delegate5. Expanditur Total expenditure rose lo Q12.799 {2024 É163.2481. including 0,935 12024.. É62,6471 on Central support costs. The increase in cenlral support costs reflects an increased investment in communication, including a new website and the introduction of a monthly e-mail newsletter and additional staff support for the Regional Director. Ro$orve Pollcy At 31 August 2025 the level of free reserves was É159,32212024.' E153,1931. During the year the Iruslees reviewed their reserves policy and decided lo reduce the range from a target value of between six and twelve months of operating expenses lo a range of three to six months (currently É52.016 to E104,032 based on the budget foi 202&261. This de¢ision has led to the charity holding reserves in excess of the policy which the trustees intend to utilise to support the growth of the charity's work in the coming years. STRUCTURE, GOVERNANCE AND MANAGEMEMT Gov•rnlng Do¢um•nt NavEurope is a charitable incorporated organisalion based on a Foundation Constitution. Appointmont of Trust•es Each national Navigator organisalion wthin Europe that is registered as a legal entity in ils own country and lormalty recognised by the Board of Tru$lee$ of NavEurope 1$ enlff(led to nominate their Chair or, by agreement wth that Chair and in place of that Chair, another member of the Board of that organisation as a Trustee to NavEurope. In addition. the Board of NavEurope may appoint up 10 Six Independent Trustees selected by the existing Trustees of NavEurope. However. the number of Independent Trustees musl always be less than the number of Country Chairs on the Board. Each nominatson will be considered and, if agreed at a meeting of the Board of NavEurope. the individual nominee wll be confimied as a Trustee of NavEurope. Key Management Pernonn•l Remunerntion Key management personnel comprise the Trustees and the European Regional Director. All Trustees give of their time freely and no director received remuneration in the year. Details of Trustees. expenses and late<l party transath.ons are disclosed in note 13 Its the a¢counls. In this ac¢ounting period Bemard Dishman, the European Regional Director was se¢onded to this role from the UK Navigators.. there was no charge to NavEurope for this secondment.
NAVEUROPE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 (continued) REFERENCE AND ADMINISTRATIVE INFORMATION Charity Registered in England & Wales No. 1168983 Registered Office Tumer House 54 The Avenue Southampton S017 1XQ Koy Managfrmont PoYsonn•l Key management personnel comprise the Trustees and the European Regional Director. Trusts88 The Trustees who served during the year and since the year end are.. Indopendent Truste8$ C Appleton (Chairl IRe$igned 12th ¢)rt¢knr 20251 C Hordijk E Year51ey E Angen H Jaeschke (appointed 14th January 20251 Country Chalrs (Ex officio Trust•esl F Schlichlenbrede (Chair from 121h October 20251 S Wroe D Laco N Guerineau M Halling M M Iversen S Brandsma Indopondont Examlnor Joshua Kingston, Bsc FCA Burton Sweet Limrted The Clock Tower Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR BankeT$ Nalwesl plc 5 Market Place Kingston upon Thames KT1 1JX
NAVEUROPE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 (continued) STATEMENT OF TRUSTEES, RESPONSIBIUTIES The trustees are responsible for preparing the Tnjstees. Repc*t and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102". The Financial Reporting Standard applicable in the UK and Republic of Ireland Iuniled Kingdom Generally Accepted Accounting Pracb"cel. The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the chanty and of the income and expenditure of the charity for that period. In preparing these financial slalemenls, the Iruslees are reqUId lo". select suitable accounting policies and then apply them consistently.. observe the methods and principles in the Charities SORP.. make judgments and accounting eslimales that are reasonable and prudent,. State whether applicable UK Accounknng Standards have been followed, subject to any material departuies di10$ed and explained in the finala1 $latemenl$,' and prepare the financial Statements on the going con¢em basis unless rt is inappropriate lo presume that the charty will continue in business. The trustees are responsible for keeping SLrfficient accounting records that disclose with reasonable accuracy al any time the financial position of the charity and enable them lo ensure that the financial 51alemenls comply wlh the Charrties Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the tNsl deedlconslilulion. They are algo responsible for safeguarding the assets of Ihe ¢harty an¢J hence for taking reasonable steps for the prevention and detection of fraud and olher irregularities. DECLARATION The Trustees declare that they have approved the Trustees, report above. Signed on behalf of the Board of Trustees.. fdLJILfyJ Jun 22 2026 F Schlichtenbrede Chair of Trustees
NAVEUROPE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NAVEUROPE FOR THE YEAR ENDED 31 AUGUST 2025 Indapandant axamin•Vs rnport to th• trUStS of NavEuro I report to the trustees on my examination of the accounts of NavEurope for the year ended 31 August 2025. Rasponsibiliti and basis of report As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance wrth the requiremen15 of the Chanties Act 20111'the Act'i. I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examinatson I have followed all the applicable Directions given by the Charity Commission under secb.on 14515)Ibl of the Act. Ind•p•nd•nt •xamln•f8 statsm•nt I have completed my examination. I confirm that no material matters have come to my attention in connection with the examinab'on giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Charty as required by section 130 of the Act.. or the accounts tjo not accord wth Ihose records,. or the a¢counls do not compty Vth the applicable requirements conceming the form and conlenl of accounts set out in the Charrties IAe¢ounls and Reports) Regulaliens 2008 other than any requirement that the accounts give a true and fair view which is not matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination lo which attention should be dra in this report in order to enable a proper understsnding of the accounts lo be feached. kts4 Joshua Kingston, Bsc FCA Burton Sweet Limrted The Clock Tower 5 Farleigh Court Old Weston Road Flax eourton Bristol BS48 1UR Dale.. Jun 22 2026
NAVEUROPE STATEk4ENTOF FINANaALACTM7IES FOR1ERENDEJl AIWSTaD2S 2Q4 Tct coffl•lttim'. 176788 31 5.4ie 1U2246 J1A 147 263 laLle4milies TOTAL 11 681 Exyndhureon.. 15 7404D 6J238 21 97D Le4Lrgnipdv¥FILwqrrt 1101 S.J70 6J70 TOTAL 0.12 11.7VII f¢EC0tr4CIUATh)P40FFUP4DS 1MJPJ 1& 170 TOTAL FUNDS CARPJED FoRARD 1*322 110 1&1305 PwyurccthrItlvm1r•1laC1Dlott Inrrts I 10t0 14tsTh
NAVEUAOPE CK) 11689B3 BALANCE SHEET ASAT31 AUGIKST1025 20 2024 CURRENT ASSETS PrepÈYmentYd det01$ Casn In bÈnk ald In Srt i&m irttherthw 311h% 12.2Sg S8.318 36.236 103.744 1S9,892 171.e98 CURRENTLIABIUMES Cre¢11¢. 10 NET CURREKfAssETS 156.33 TOTAL NET ASSETS 160M3 156,303 8TATEIAE•IT(* FUIIDS 12&15 153,193 1,341 TOTAL FVNDS 160M3 156,303 fdLJUf4J Tho not•icn 1010 14 Icthi
MAVEUROPE 10 NOTES TO THE ACCOLINTS FOR THE YEAR ENDED 31 ALIGLIST2025 ACCOUNMNG POLICIES The prinupal accounting pICieS are summarised below. Tl acc1r WKies have been appleLI COlsten throughwt year and In Ihe ryecediNJ year. a. Ba818 of accountlng The finsncial slalemenis have been prepared in attdanCe ¥Mlh hiS1c81 cost ttffjvenlion (exp1 were othemise stated in the accounting wlicy note) in aCcOr(lar IhE State[r1 offReuxntrded Practice." Accwntiry atKI Reportiro by Chanlies prepariThJ Ifir aecourts accordance ilh the Finaal Reporting starard applicable in IfE UK and RepUtlC of Irdand IFRS 1021 i55ued October 2019. atKI Ihp Fina31 RepottirvJ Statxjard apIcab in the United Kirydom and Rewblcol 1rdd IFRS 1021. aThJ the Chwtses Acl 2011. The accounts Ifinanoal 51alementsl have been kyepared Io give a 1rue aTrl fair viewand have departed from the Charit$ IAccouni$ and Rep¢ytSl Regulaii(Nts 2008 onty 10 the extent wuired 10 wovidÈ a'truÈ and fair view. Th1$ departure has Involved Accounliry and Rewrtirvj t¢y CharrtEs' Slalerrenl ol Recrmmended Practice applicab 10 cl)arilies prepanw Ihr accounts in accordant4th Fin8n(aal ReportiNJ siandard applicab In tt)e UK anLI Repu1¢ of Ireland IFRS 1021 iSSLEd in Oclober 2019 rallr Ihan Acco11 and Reporbng by CharilEs'. siaiemeni of RerA)mmended Pracbr effedNe I WI 2005 id} has since been tIMral. The acGoun15 a ppar&I in eur05 a5 Charty operate5 pr&lornirwnty in this currenry. The Iruslees consider Ihal thefe are rn malerial uncertainlies about Ir charivs ablity lo conbroje as a goire concem. de$piie the impa¢1 of the rapidty ri$ing ¢osI of a¢ross Europe. Donaiions $upwrt the of the Navigator8 across Europe have broadty rernal stst aThY Ihe rariV$ strLry reseryes erksure that Il 1$ in a gr)d po$rtion to ¢onlnue supporting de¥elf4)ml ol Nawgaior vvk atyo6$ Ewope. b. Fund accountln9 Unrestricted fund5 are available fty use al d15crebon of trLtytee5 in fvtherance of Ihe general objectsves of the Charity. Unrestricted designated fuTrJ$ ale unfesiiicted fuTh1s set aspje by Ihe Irusiees lor Pacular purposes. Reslriclqd fuThYs are subjected to lostri(th cn their eyndrtwe irTw8ed ty the dow or tlTh4h Ihe term5 of an appeal. c. Incom8 NJI incorne Is IndLhJed In the Slalemenl of Financial Acli¥ilva8 the Chanty Is entiued lo rt and the amwnl can be 4uaniified K41h re8$onable fdl¢M4NJ $petyfi¢ are 8pd 10 Pafli(ad¥r ¢aiegor$ of income". Income trom donations and legac Is reCe1Trd by way ol donations and grfts aTrJ Ind In full In the Ststemenl of Finantyal A¢b.lieS receivabk, the ielèied lax reco¥erabie urxlerlhe fyft $dme. Donated assets, servlces 8nd faulttS are Induded al the value lo the Charitywtsre this can wanUfiJ. Th8 valu8 of seNices provided by ¥duniews h8$ not been indwled in Ihese fiwcA81 si$tew. Income Ie81mentsIS Sncluded %4then reeeivatle. d. EXnlIu• Expendilure is recognised on 8n accrual basis. as a liaNty is Irred. ExPeJUre indLvJes VAT. G8nnDt recovered and is reported as part of the e¥pendrture lo 1ch il relates. Expenditure related to raising fund5 cornpnses the co$15 a5swaied valh affra(Jiffj vduntary in¢(fft. Expenditure related to chadtsble acli¥it8 compnses those costs irJed ty the Charity In the ddivery of ils acti¥e$. It includes bolh c0515 thai can be aiwied directyto sh atvitS and those ¢osi$ of itwlireut nalure necessary 10 8UPPOrt them. Governan costs are indth(J cenlral Spt co¥l5. Central support costs are alkncaled lo Ihe different chaii¢atle actNth% cffj ba% ofeslimaknj $penl by the support staff. These estimate5 a amualty. e. Dèbtors Trade and olFEr ¢Jebtgrs are rewgnised * the 5eltsnEnt anKVrt after Y Irade disCOWrt Offer1. Frepayments a valLEd al the amount epaid r1 of any ts•Je th$crS d. f. Cash at bank in hand Cash ai b8nk and cash in hand Ine$ tash and ShItem1 INUKI invesbnJrts a short mattjrity ofthree months or less Irwi the dale 01acqurtm)n or olllE deposrt or sirniwaccowl. g. Creditovs and provisions Creditors and prowslM5 are TecogThse(l there IIE (tharity ha5 a present olAuation re5utting frotn a past event that VAII obably resutt In If Iransfer of fUS to a Ihird paty amrAJnl lo Se oblKJation can be measured or eslimaled reliaNy. Creditor5 and provi%iDllS are tK)trnalty recogni5ed at their settkn[rt atnount after allowing for any trade discounts due.
NAVEUR tr40TESTO lHEAJNTsFCW7rlI1EHDK1J•ALh5TI251¢thrdl ID14 fund TDlal 1767 5478 139 $27 ts 2024 lun Totil SbA•nl lg0prT4 1 T60 EXPENDUREOHCm[rACllrn 1024 C•rtrtl Ttsl 8upprrtbng L••dtrhip SttJdni triirtinll 44.575 47 185 YO.87S 25.352 370 11 530 CENTPAL SUPPORT COSTS 2024 20.113 7.767 RlPr•M1 110 cth¢iI•n•iywo oTHeitCÉNTfvLp¢ATeQsrn USL* 3?4
NAVEUROPE 12 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025 Icontlnuedl NET INCOME I IEXPENDITUREI BEFORE T114tr4SFERS Thi$ 1$ $tsted after ¢harging 2025 2024 Independent exarnirErfs remurEration 1,726 1,948 STAFF COSTS AND NUMBERS The charty had no emrknee$.' therefoTr emthee re Ih8n f70.fKAI in the curnt or prior year. EmpAoyThnt b8nefrt5 receNed by key manaWThn1 Fetsonl- (nil12024". Enill. PREPAYMENTS AND DEBTORS 2025 2024 Debtor5 re incorw Ircrn charitabK8 actieS Debtor$ re bank Inte$t Prepayrr*nts re costs of Charitab activiti85 1,740 1,748 282 17,884 19,912 10,519 12,259 10 CREDITORS.. MIOUNTS FALUNG DUE VIITHIN ONE YEAR 202S 2024 Defewed Incorm re charita Donation5 cditOrS re cost ol Chanble activitss. Other creditors A¢u01$ 9.607 510 1,948 3,589 1.728 11,333
NAVEUROPE NOTES TO THE ACCOUMTS FOR THE Y&4R ENDED 31 AUGUST 202S IcontlnLdl MOVEMENT IN FUNDS Pnor ypar tparatre$¥e dis(JcÈeo In 15. eXpeThIur• •nd I8•• At u$t 2025 2024 31Av UNRESTrICTED FUNDS Gener81 Re9efve 1$3 193 153.19J 211.6B1 211.681 205.552 1205 5521 169322 159.32Z RESTRICTED FlD$ L6ad8r8hip $upwM fund Inner Frontiers support 5.478 IS.4781 1.769 17.2471 $39 802 2.571 3,110 5.478 TOTAL FUMDS 217.159 212.799 111 Leadornhlp •uppNt lund reslrKted given forthewJt clnamEd k?jeorthlg bjderswthin the N8vig8tcrf$ In Euro Iiil Inn•r FronU•rn support fund fddlreIed gfflsgNen tsthe supwt c4 Irrf FronlKwth Inththves ¥Mlhin Europe. 12 ANALYSIS OF Ne7 ASSETS 8EIWEEN FUF Restsi¢tod 202S Total Net Cu9nt a¥¥¢ts Tot 4131 AuoLWi 2025 159. 159.322 1.341 1.341 LknrnBtrfcl•d lund• 2014 Total Net GurreDI assets Total Del35sels al 31 AupLNt 2024 3.110 3.110 153.193 13 TRUSTEE TRANSACTIONS Nontr of moiru81ee$ rth¥eJ any in year{2tr24 tiill. Tr8vel expenw$ ¢Yf4.62012024 f1.828iw¢ to s<2024. gix) Ifu$ie8$. A¢¢omodaUon ana subs1stenc4 exw off1,221 12024 f1,2521 we r•¢0 tOhO12024 InBiee8 •j {2024 f281 mIj8<2D24 to one Iru5teel. NoTste312021. wved expen5e5 (2024. U021. Don81ws Induding grft •1¢ <rfOI.OKJ12024 fS.83tslv•e r8c•v•J trustees Nothn8iw$ we r8wved from key management persoDT èTwJ ovr Patbes12024 Énill. Trev W0therrela paTty IrJnsiIs during the year.
NAVEUROPE 14 NOTES TO THE ACCOUNTS FOR THEVEAR EE0 31 AUGUST202S{coniinuAdl 14 PRIOR YEAR FUND COMPARATIVES FOR THE STATEIIENTOF FMNCINL ACnVThES 2024 Total fuwJ• fund Income from-. Donations and are$ CharitatrAe actsvibe5 Inveslmenls TOTAL 139.527 7,836 147,263 17,151 2,961 167,J75 2.961 159,43 7,g36 ExpondvrO on.. Chantsble actyvibe$ suprtin9 N8vl9atOi InOb¥e1n EuroF Leadership devd011 Sludenl training programn%s TOTAL 78.040 56.559 21.970 156,569 78,040 83,23B 8,879 6,679 163,Z48 N•t 1•XpdItu11 and not mo¥•mwrt In fund• 2.870 1,257 4127 RECONCILIATION OF FUNDS Towi lunds brought Iofwèrd 150.323 1,853 162,176 Total fvndB c4rrl•d lorward 153.193 3.110 16 PRIOR YEAR COMPJ4ATNES FOR The MOVEIIENTIII FL40S tom• •n4>•r202J 4ln• Expvndrturn 31Au U1 2024 UNRESTRICTEO FiINDS General 1f4).3Z3 159.439 159.439 18e.569 1186.5691 153 193 163,193 RESTRICTED FUNDS L8ad8fship support lund Inner Frorniers suppm fund sjg .679 {8,8791 71 1.8$3 7.938 18,8791 152 176 183.248 TOTAL FLINDS Ill Ludqrnhlp support lund hDld5 reskncted forthe SLwts101 nllrrnd emer•n9 ders1h1nthe NllvlgDtorJ in Europe. lill Inn•rFronii•rs support fvnd Ws restrthd 9rftygrrf•i ftyth•8wfKxioI Inw Froniws lniu•O$4IhIn Europe.