The Rose Animal Welfare Trust CIO Reglstered Charity Number 1169516 Trustees, Annual Report and Financial Statements For the Year Ended 31 October 2023
The Ro88 Anlmal Welfare Trust CIO Contents Page Charity Information Report of the Trustees Trustee's Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet Slatement of Cashflows Notes lo the Financial Ststemenls 9-17
The Roso Anlmal Welfare Trusl CIO Charity Inform•tlon Trustees Mrs Antoinette Tornkinson Mr David John Tomkinson Ms Elizabeth Ellen Webb Mrs Diane Vvoodhouse (Chairl (Appointed 15 November 20221 Registered Charity Number 1169516 Registered Office The Ranch Catton Lane Po¢klinglon York Y042 1TN Independent Examiner Jessica Lawrence Azels Audit SeNices Limited 33 Park Place Leeds LS1 2RY (To T Novermber 20231 Linda Cooper Brown Butler Leigh House 28- 32 Sl Paul's St Leeds LS12JT {From 8 November 2023) Bankers Virgin Money 46 Coney Street York Y019NQ Solicitors Emsleys Solicitots Limited Viscount Court Leeds Road Rolhwell Leeds LS26 OGR Investment Managers Brewin Dolphin 10 Wellington Place Leeds LS14AN
The Rose Animal Welfare TNst CIO Report of the Trugtees for the year ended 31 October 2023 The Trustees present their annual report together wtth the financial statements of the charity for the year ended 31 October 2023. The financial statements have been prepared in accordance with the a¢counling policies sel out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and 'A¢counling and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republio of Ireland IFRS1021" leffeclive 1 January 20191 Structure, Gov•rnance and Management The Rose Animal Welfare Trust CIO Ithe"Charity"I was registered as a ¢h8rity on the 6 October 2016, number 1169516, the Constitution dated 6 October 2016 forms rts governing document. Refgren¢• and Admlnlstrative Detsils The reference and administrative details are shown within the charity information page which forms part of this Trustees Report. Trustee$ The Trustees who served during the year and up lo the date of signature of the financial stslements were.. Mrs Anloinette Tomkinson Mr David John Tomkinson Ms Elizabeth Ellen Webb Mrs Diane Woodhouse (Appointed 15 November 20221 New Trustees may be appointed at properly convened Trustee's meeting by a resolution of the Trustees and recorded in the minutes. The minutes woukl be signed by the new Trustees lo provide evidence of appointment. Rlsk management The Trustees have assessed the major risks lo which the charty is exposed, in particular those related lo the operations and finances of the charity and ale sats'5fied that systems are in placg lo mitigate the exposure lo major risks. Publlc benefll The Trustees have complied with the duty in Section 17{51 of the 2011 Charities A¢t to have due regard lo guidar¢ce published by the Charity Commission in SpeCt of public benefit. Oblectlv88 and Actlvities The primary objective5 are promotion of humane behaviour towards and to relieve the suffering of domestic and wild animals. In planning the activities for the ye8r. the Trustees have kept in mind the Charity Commission's guanCe on public benefit at the Trustee meetings. The Constitution obliges the Trustees to apply the Charity income to such chafities and for such charitable purposes and in such proportions and in such manner and subject lo such terms and ¢ondrtions as they may d8t8mine.
The Rose Animal Wglfare Trust cio Report of the Trust90$ for the year endod 31 October 2023 The Trustees spOnd to numerous written requests for donations from a wide range of charities and the donations made are sel out in the Grant Expenditure in note 10 of the financial stslemenls. The Trustees regularly discuss the policy of donations. The Trustees believe that the donations fulfil the charity's public benefit requirement. Achlevements and Performance During the year the Charity benefited from further generous donations amounting lo £554,526 12022.. £632,765). The Charity's principal source of funding on an ongoing basis 15 from the return on its investments. The key objectives of the Charity have been supported in the year lo 31 October 2023 8$ 97Yo12022.' 97Vol ol the Charity's expenditure related lo Charitabk donations. The Trustees awarded charitable grants lotalling £587,00012022'. £553,000). A lisl of grants can be found in note 10 to the financial statements. Flnanclal Review The Charity's investments are shown in the Balance Sheet at the market value, at the balance sheet date as all investments are listed on quoted markets, the market valuatson is freely available. During the year total income amounted to £601,97512022'. £680.7091. Expenditure for the year totalled £605,23212022'. £571,715), maknng nel loss for the year of £3,25712022 Income.. £108,994). At the balance sheet date, the charity had total funds of £2,130,20912022.' £2,647,359). Uncommitted reserves felY available for charrtable activities were £65,36712022." £60,417}. Rg$¢rves Pollcy 11 is the policy of the Gharily to maintain investments at such a level to generate suffi'cient cash funds annually lo allow il to meet its charitable objectives in the coming year. These cash funds must also be sufficient lo cover the expected annual adminislralive and 9overnan¢e costs of the charity excluding investment management fees. At 31 OCtor 2023 this requirement was approximately £4.000. Investment Powers and Pollcy Under the constitution. the charity has the power lo make any investment which the Trustees see fit. The Trustees have not adopted an ethical investment policy. Th¢ Trustees review their investment policy at regular intervals. Plans for Future Perlods The charity plans lo continue the activities outlined above in the forthcoming years, subject to satisfactory relum$ on investments. This report was approved by the Board of Trustees on 2024 and signed on its behalf by.. lkn41gq Mrs Antoinette Tomkinson Chair of Trustees
The Rose Anlmal Welfare Trust CIO ststement of Trusto0$'Accountlng and Reporting Ro$ponsibilities The Trustees are responsible for preparing the Trustees, Annual Report and the financial stalem8nts in accordance with applicable law and United Kingdom Accounting Stsndards {United Kingdom Generally Accepted Accounting Praclicel. The law applicable lo charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the slate of affair5 of the charity and of the incoming resources and application of resources of the Gharity for that year. In preparing these financial slatemenls, the Trustees are rèquired lo.. Seleel suitable accounting policies and then apply them Consistent,. Observe the methods and principals in the Charities SORP., Make judgements and e51imales that are reasonable and pnjdenl., and Prepare the financial statement5 on the group concern basis unless it is inappropriate lo presume that the charity will continue in business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any ts'me the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity IAc¢ounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking 0$Onable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance 2nd integrty of the charity and financial information included on the charity's website. Legislation in the Unrted 'ngdoM governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The ROB& Anlmal Welfarg Trust cio Independent Examiner'5 Report to the Trustoe$ of The Rosè Anlmal Welfare Trust CIO I report to the trustees on my examination of the accounts of The Rose Animal WeKare Trust CIO for the year ended 31 October 2023. This report is made solely lo the Charity's Trustees, as a body, in a¢cordance with Section 145 of the Charities Act 2011. My independent examination wort( has been undertaken so that I might stste lo the Charity's Trustees those matters l am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility lo anyone other than the Charity and the Charity's Trustees as a body, for my independent examination work, for this report. or for the opinions I have fomied. Responslbllltles and basi$ of report As the charity Iwstees ofthe Trust you are responsible for the preparation ofthe accounts in accordance with the requirements of the Charities Act 20111.lhe Act"}, I report in respe¢t of my examination of the Twsl's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable DIrelon$ given by the charity Commission under section 14515llbl of the Act. Independent Examlner's Slaternenl Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body Sisted in section 145 of the Act. I confirm that l am qualified to undertake the examination because l am member of Insb'lute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I conflm that no material matters have come to my attention In connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the Trust as required by section 130 of the Act., or 2. the accounts do not a¢cord with those records., or 3. the 8ccounls do not comply with the applicable requirements concerning the k)mi 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. I 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 proper understsnding of the accounts to be reached. Linda Cooper FCA Brown Butler Chartered Accountants Leigh House 28-32 Sl Paul's Street Leeds LS12JT IL4 f4A 2024
The Rose Animal Wfrlfare Trust CIO Statement of Flnanclal Actlvlties for tho year ended 31 October 2023 2023 2022 Notes Income from: Donations Investment income 554,526 47,449 632,765 47,944 Tolal incom• 601,975 68Q,709 Expenditure on: Charitable activities 603.365 571,715 Total expenditure 603,365 571,715 Net Ilosglllncome bgfore tsx and other recognlsod gains (1,3901 108.994 Other recognlsed gains Tax on fees Othèr recognlsed galn8 Realised and unrealised Ilossesllgains on investments 11,867) 1513,893} 1293,8871 Net movement In funds for the year 1517.1501 1184,8931 Recon¢iliatlon of funds: Fund balances brought forward 2,647,359 2,832,252 Fund8 carried forward 2.130,209 2,647,359 All income and expenditure in the Statemer¢l of Financial Activities was unrestricted in both the current and prior year. The Stslement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 9 10 16 form part of these financial statements.
The Rose Animal Wolfare Trust CIO Balance Sheet as at 31 October 2023 2023 2022 Notes Fixed assets Investments 2,064,842 2,586.942 Current assets Cash at bank 68.467 64,943 Current liabiliti Amounts falling due within one year 13,1001 14.526) Net current as80ts 65,367 60.417 Total assets le88 currgnt Ilabllllle8 2,130,209 2,647,359 Net assets 2,130,209 2,647.359 Funds: Unrestricted funds 2,130,209 2,647,359 The financial statements were approved by the Trustees on I •Ak4 behalf by= 2024 and signed on their Mrs Anloinetle Tomkinson Trustee The notes on pages 9 10 16 fomi part of these financial statements.
The RoseAnlmal Welfare Trust CIO Statement of Cash Flows for the year ended 31 October 2023 2023 2022 Notes Cash Ilows fmm operation actlvities Net cash provided by operating activities 11 14.682) 110.179 Cash flow8 from Invgsting actlvltles Proceeds from sale of investments Purchase of investments Fees from investments Unrealised income trom investments 1,454,630 11,569,864) 15,131 16,9251 Net cash provldodllusgd in} by Investing activities 8,206 1115,2341 Change In cash and cash oqulvalents in the yoar 3.523 15.055) Cash and cash equivalents at the beginning of the year 64,943 69.999 Cash and cash •quivalents at the end of the year 68,467 64,943
Tho Ros& Anlmal Welfare Trust CIO Notes to the Financlal Stat8m?nts for the year endod 31 October 2023 Accounting pollcles The principal accounting policies adopted, judgements 2nd key sources of eslimats'on uncertainty in the preparation of the financial statements are as follows.. 1.1 Charity infomiatlon The Rose Animal Welfare Trust CIO 1$ a charity established by Constitution dated 6 October 2016, and registered with the Charity Commission under charity number 1169516. The charity's principal offe address is The Ranch. Catton Lane, Pocklington, York, Y042 1TN. 1.2 Accountlng convention The financial statements have been prepared in accordance with applicable United Kingdom accounting standards including Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their financial slalemenls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191 {Charities SORP (FR 1021, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The financial statements are presented in Sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £1. The financial statements have been ppared under the historical ¢osl convention, as modrfied by the revaluatr.on of certain fixed assets. 1.3 Golng con¢grn The Trustees have prepared financial propelions, taking into consideration the Curnt economic climate and its potential impact on the sources of income and planned expenditure. They have reasonable expectation that adequate financial resources are available lo enable the charity to continue in operational existence for the foreseeable future, and have adequate contingency plans in the event that in¢ome streams are reduced. Vvhilst the global economy has been significantly impacted by the rising costs of living, the charity still has reserves sufficient lo meet its immediate reqLtiremenls. Thus the trustees conliftue to adopt the going concem basis of accounting in preparin9 the financial statements. 1.4 In¢ome Income is recognised in full in the Statement of Financial Activitbes {'SoFA') in the year in which it is re¢eivable. 1.S InGome from investments Dividend and interest income from investment funds is included when receivable and the amount can be measured reliably by the charity, this is normally upon notification of dividends and interest paid or payable by the Fund Manager. Interest income from cash deposits is recognised in the accounts gross, when receivable. 1.6 Expendlture Expenditure {excluding grants) is inclutJed in the SOFA on an accruals basis. Charitable activities include support expenditure associated with the administration and issuing of grants. 1.7 Grants Grants payable are commitments (including payments} made to third parties in the furtherance of the charrtable objectives of the charity. Single or multi-year grants are a¢counted for as grants payable when either the recipient has a reasonable expectation that they will receive a grant and the Trustees have agreed to pay the grant with condition. or the recipient has a reasonable expectation that they will receive 8 grant and any condition allaching lo the grant is outside the control of the charity.
The Rose Animal Welfare Trust CIO Notes to thg Financlal Statements for the year ended 31 October 2023 Accounting pollcles - contlnued 1.8 Fixed asset Investments Investments a a form of basic financial inslrumenl. Listed investments are Staled at market value at the balance sheet date. The listed investment portfolio is held to generate returns and gains for the charity and accordingly is designated as fair value through profit and loss l FWPL.). Under this designation the portfolio is revalued al each year end lo its fair value, as determined by reference to quoted market prices and values determined by independent fund managers, with any gains or losse5 going through the SOFA. 1.9 Financlal Instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '01her Financial Instrument5 Issues, of FRS 102 to all of ils financial instruments. The Charity only has finan¢ial assets and liabilities of a kind that qualify as basic fi'nancial instruments in accordance with section 11 of FRS 102. Basic fi'nancial instruments are inits'211y recognised al transaction value and are subsequently measured al their Settlement value. The Charity does not acquire put options. derivatives or other complex financial inslnjments. 1.1DCash at bank and in hand Cash al bank and cash in hand in¢ludes cash and short term higttty liquid investments with a short maturity held for working capital. 1.11 Dobtorn Financi81 assets, other than those held al fair value through profit and loss, are assessed for indicators ol impaimient at each reporting end dale. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset. the estimated future cash flows have been affected. Any impairment loss is re¢ognised in the SOFA. 1.12 Credltows, loans and provlslons CdItors, loans and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation Can be measured or estimated reliably. Creditors, loans and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Financial liabilities are derecognised when, and only when, obltgations are discharged, cancelled or they expire. Amounts recognised as provisions are best estimates of the consideration required lo settle the present obligation at the reporting end date. taking into account Ihe risks and uncertainties surrounding the obligation. 1.13 Fund accountlng All funds received in the yearare unreslricled in their application, the Trustees having full discretion over their use. 10
The Rose Animal Welfare Trust CIO Notfrs lo the Financial Ststements for th• year ended 31 October 2023 AGGounting policies - contlnued 1.14 Critlcal accounting estlmates and judgements In the application of the charity's a¢¢ounling policies, the Trustees are required to make judgements, eslimales and assumptions about the carrying amount of assets and liabilrties that are not readily apparent from other sources. The eslimales and associated assumptions are based on histoncal experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting e5tirnales are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The Trustees have judged that there are no estimates or assumptions which have a significant risk of causing a material adjuslmenl to the carrying amount of assets and liabilities. 1.15 Taxation The Rose Animal Welfare Trust CIO is a registered charity and as such is a charity within the meaning of schedule 6 of the Finance Act 2010. Accordingly, the Charity is potentially entitled lo tax exemption under part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income and gains arising Income from donations 2023 2022 Gift of shares at valuation Gifts in kind Gift-aid on donations 550,000 4,526 630.000 6.120 13,355) 554,526 632.765 In¢om8 from Investmonts 2023 2022 Dividends Interest 43,097 4,352 47.944 47.449 47,944 11
The Rose Animal Welfare Trust cio Notes to the Financial Statements for the year endèd 31 October 2023 Charitable activities oxpendlture 2023 2022 Notes Grants and donations Support costs 10 587,000 16,365 553,000 18,715 Total expenditure 603,365 571,715 Analysis of support co$ts Investment Management fees Independent examination fee Accountancy 13,265 1,600 1,500 15,515 1,600 1,600 Totsl support costs 16,365 18,715 R•¢onclllatlon of grants payable 2023 2022 Grants committed in the year Grants paid in the year 587,000 553,000 (587,0001 (553,0001 Commltments at 31 October To comply with Charities SORP IFRS 1021 non-performance grants are reported in the SOFA on approval of application. In some cases payment may be spread over a period of lime which gives ris8 to fvtU commitments. There were no future commitments in respect of grants al the year end. There were no staff employed by the ¢harity during the year. The Trustees are unpaid and did not receive any remuneration, benefits or expenses from the charity in the year. 12
Thg RoseAnlmal Welfaro Trust cio Notes to the Flnan¢lal Ststements for thg year ended 31 October 2023 Fixed asset Inveslments 2023 2022 Listed inv¢stments Market value as at 1 November 2022 2.287,968 2.736,707 Gift of share$ at valuatson Additions at st Disposals Realised and unrealised gainslllossesl on investments 550,000 630,000 98,868 669,779 1376.407) 11,454,631) 1513.893} 1293,887 Market value a8 at 31 Octobèr 2023 2,046,536 2,287,968 Hlstorfcal cost at 31 October 2023 2,150,111 2,720,532 2023 2022 Investments are ropre$8nted by: UK and Overseas Bonds UK and Overseas Equib'es Global inveslmenls Absolute return Private equity 133,629 1,728,781 42,703 107,859 33,564 107,184 1,918,918 43,934 180,427 37,505 Total listed investments 2046,536 2,287,968 Capital accounl- cash 18,306 298,974 Value as at 31 O¢tober 2023 2,064,842 2,586,942 Creditors: amounts falllng due withln one ygar 2023 2022 Accruals 3,100 4,526 13
Th• Ros& Anlmal Welfare Trust CIO Note8 to thè Financlal Statement$ for the year gnded 31 (ktobgr 2023 Funds Realised and unrealised gains on investments Asal 1 November 2022 Expenditu inc. Tax ¢)n Fees Asat 31 October 2023 Income Unrestricted funds General 2.647,359 601.975 (605,2321 {513,8931 2,130,209 Total 2,647.359 601,975 1605,232) {513,893} 2,130.209 Asat 1 November 2021 unrealised gains on investments Asal 31 October 2022 Income Expenditure Unrestricted funds General 2,832,252 680,709 {571,7151 1293,8871 2,647,359 Total 2,832,252 680,709 (571,7151 1293,8871 2,647,359 Analys18 of net assets bgtweon funds 2023 2022 As at 31 October 2023 Fixed assets investments Current assets Current liabilities 2,064,842 68,467 13,100} 2,586,942 64,943 14.5261 2,130,209 2,647,359 All relate to the unrestriGted general lund. Related party tran$a¢tlons During the year, £550,00012022'. £630.0001 of shares were gifted at nil cost to The Rose Animal Wellare Trust Investment Portfolio by Antoinetle Tomkinson, a trustee of the charity. 14
The Rose Anlmal Wglfaro Trust cio Notgs to the Flnancial Ststements for the year ended 31 October 2023 10. Grant expenditure Committed and paid 2023 Committed and paid 2022 Organlsation Animal Asia Foundation Angels Bal Conservation Trust Blue Cross for Pets Brooke Brent Lodge Bird Wildlife Trust Cats and Dogs Bath Cats Protection Compassion in World Farming Cuan Wildfire Rescue Daybreaks Twsl Dog and Cat Shelter Newcastle Dogs Trust Dogs 4 Rescue Donkey Sanctury ESPA {Peregrine Falcon) Farm Animal Rescue Sanctuary Farplace Animal Rescue Filey Cat Rescue Freedom of the Spirit Trust for Border Collies Freshfields Animal Rescue Good Life Dog Rescue Grey Hound Trust Happy Horse Rescue Happy Paws Puppy Rescue Hope Rescue Centre Horse Trust Horse World Trust Hull Animal Welfare Trust Humanimal Trust Jerry Green Dog Rescue Man¢hesler & Cheshire Dogs Home Manchester Dog Rescue Mare and Foal New Beginning Newcastle Dog + Cat Shelter Oak Tree Farm other PDSA PETA Puppy Rescue 10,000 2,000 20,000 5,000 15,000 15,000 20,000 10,000 5,000 10,000 15,000 10,000 20,000 2,000 10,000 10,000 10,000 5.000 5,000 10,000 14,000 10,000 15,000 5,000 5.000 10.000 10,000 5,000 20,000 10,000 10,000 20,000 15,000 20,000 5,000 20.000 10.000 15,OOD 10,000 10,000 10,000 10,000 10,000 20,000 10,000 5,000 5,OOQ 10.000 10.000 5,000 20.000 10.000 15,000 10,000 20,000 10,000 5,000 20,000 10,000 10,000 10,OOQ 10,OOQ 15
Tho Rose Animal Welfare Trust CIO Notes to tho Financlal Statgmonts for the year ended 31 October 2023 10, Grant expendituro Commilled and paid Committed and paid 2023 2022 Organlsatlon Rain Rescue Redwings Horse Sanctuary RSPCA York, Harrogate & District RSPCA RSPCA Leeds & Wakefkqld Royal Veterinary College Animal ca Trust Remus Horse SanGIury RVC Animal Care Trust Ryedale Dog Rescue se¢t Wodd Wildlife Rescu8 Safe Heaven for Donkeys Siadkan Church Rescue Siockenchurch Dog Rescue Street Paws Teckels Animal Sanctuary The Cat Welfare Group The Donkey Sanctuary The Horse Trust The Isle Of Wnght Donkey Sanclury Thombery Animal Sanctuary Tia Rescue walekslre Hedgehog Rescue Welheriggs Animal Rescue Wood Green Animal Shelter World Horse Welfare 20,000 20,000 7,000 20.000 20.000 1 S,000 10,000 15,000 10,000 20,000 5,000 20,000 10,000 10,000 5,000 10,000 10,000 20,000 5.000 5,000 10.000 10,000 15,000 20.000 20,000 20,000 10,000 10,000 20,000 8,000 5,000 10,000 10,000 2,000 10,000 10,000 587,000 553,000 16
Th• Roso Animal Welfare Trusl CIO Note$ to the Flnanclal Statements for the year ended 31 O¢tober 2023 11 Reconclllatlon of net movements in funds to net ¢a$h flow from operating activities 2023 2022 As at 31 O¢tob•r 2023 Nel (expenditu) I Income Decrease in debtors Increase I (Decrease) in creditors {3,257) 108,994 3,355 12,1701 11,425} Cash louffiowl l inflow from operating activities 14,6821 110,179 The charity had no net debt in either thi5 Qr the previous financial year. During the year £550,00012022'. £630,000) of sha$ were gifted al nil cost and fees tolalling £4,526 12022.. £6,120) were paid for by Anloinette Tomkinson, a trustee of the chanty. These constitute major non cash transactions during the year. 17