Doousign Envelope ID.. A9790D7048E1469U06G488A95E7K64 Reglstered number: 9734461 Charfty number: 1171332 THE CRAVEN FAMILY TRUST (A company limlted by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024
Docuglgn Envelope ID.. A9790D71H8E14698-806C488A95E75064 THE CRAVEN FAMILY TRUST IA company limited by guarantee> CONTENTS Page Reference and administrative detslls of the charlty, its Trustees and advlsers Trustees, report Independent examlnets report Statement of flnancial activities Balance sheet Notes to the financial statements 8-16
Docuslgn Envelo ID: A979]D7O48E1469H06CE764 THE CRAVEN FAMILY TRUST (A company Ilmlted by guarantse) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FQR THE PERIOD ENDED 31 DECEMBER 2024 Truste8s Mr R J Bottomley OBE Mr L O Craven Company registered number 9734461 Charlty registored number 1171332 Reglstered office Cross Lane Mills Cross Lane Bradford West Yorkshire BD7 3Jr Independent Examlner Susan Seaman BA, FCA. CIOT AAB Audit & Accountsncy Limited Gresham House 5-7 Sl Pauls Street Leeds LS12JG Page 1
Docusign Envelope ID.. A9790D7(H8E1469M06C488A95E7S(K4 THE CRAVEN FAMILY TRUST (A company Ilmlted by guarantee) TRUSTEES. REPORT FOR THE PERIOD ENDED 31 DECEMBER 2024 The Trustees present their annual report together wth the financial statements of the The Craven Family Trust for the period to 31 December 2024. The Annual report serves the purposes of both a Trustees, report and directors, report under company law. The Trustees confim that the Annual report and flnancial statements of the charitable company comply wrth the current statLrtory requirements, the requirements of th8 charitsble company's governing document and the provisions of the Statement of Recommended Pra1 (SORP) applicable to charities preparing Iheir accounts in accordance viith the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). Since the charty qualifies as small under sedion 382 of the Companies Act 2006. the Strategic report required of medium and large companies under the Companies Act 2006 (Slrategic Report and Directors, Report) Regulations 2013 has been omitted. Objectlves and actlvltles a. Pollci•s and obJecUves The Charitys objects are . . to promote communty parti¢ipati¢ in healthy recreation by providing frdl)lities for sports and recreab.onal activrties and • to advance education ft)r the public benefit in the subject of outdoor sports and recr8ational activities. In setting objectives and planning for activities, the Trustees have gtven due consideration to general guidance published by the Charty Commission relating to public benefft. including the guidance 'Public benefit: running a chanty IPB2)'. A¢hlev¢ments and perfonnance a. Main achievements of the charity During the rIOd the charity provided sports and recTealional fadlStbes on the site at Wagon Lan8. The respective sports clubs based at the site have continued to make hesitant recoveries after the repeated lod(downs of 2020 and 2021. The Rugty Club relies on an annual cash injeclion from the hosttng of a yeaty music festival, but this has been cancelled in 2024 by the Promoter. The Trust supports the dubs through regular dialogue and by meeting repair and replacement costs. The tentative ¢0very seen in this financial period has been wt in doubt by the cancellation of lh8 music festival and the clubhouse continues to be only marginally viable, if at all. The Trust continues lo maintain a 'watching brief on the situats'on. offering help where needed. Financial review . Going concem After making appropriate enquirles, the Trustees h8ve 8 reasonable expectation that the charity has adequate resources to continue in operational existen for the foreseeable fuiure. For this reason, they continue to adopt the going COnM basls in preparing Ihe financial stat8m8nts. Further details regarding the adoption of the going conc8m basis can be found in the accounting Wicies. Page 2
Docuslgn Envelope ID.. A97}7[8El4698-8Q4B8A95E7s THE CRAVEN FAMILY TRUST IA company Ilmited by guarantee TRUSTEES. REPORT (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 b. Rtserves pollcy Background The Trust was established by Mr Ronald Craven ('Ron') in August 2015 when Bradford and Bingley Sports Club Llmited had si9nificant financial difficulties. Due to these financial difficutties, the pla5fj.ng of Sport at Wagon Lane was threatened and Ron was detemiined to pft)tect the playing of Sport at Wagon Lane in perpetuty. Ron enjoyed playing rugby at Wagon Lane for Bingley RUFC for many years from the late 1960s to the early 1970s. During that time he made many lifelong friends at Bingley RUFC which in August 1982 became Bradford and Bingley RFC ('the Bees,). The Rugby Club. along wilh Cricket. Canoeing and kne Harriers, tOgetr formed the Bradford and Bingley Sports Club Limtted, based at Wagon Lane. Ron made a charitable donation of around £300k into The Craven Family Trust ('the Trusy) to provide fvnds for the Charity to purthase the land and buildings known as Ihe Wagon Lane site from Bradford and Bingley Sports Club Limited. The site comprises of in the region of 27 acres of land that is dissected by the River Aire and Clubhouse. a Cricket Pavilion and Indoor Cricket Nets. The Bradft)rd and Bingley Canoe Club ('The Canoe Club,) have constructed a building on the area of land that is leased to them. Sports CurntlY enjoyed at Wagon Lane indude Rugby Union. Mixed Abilty Rugby Union (The Bumbles'>, Cricket, Football, Canoeing and Running. Ch817table Funds The Trustees are responsible for the Maintenan of the Wagon Lane site which can be challenging, as a signrficant proportion of the land is subject to flooding. due to its pr0Mity lo the River Aire. On occasions the builéings can also be compromised and have been subject to fiding. in 2015. for example, the Clubhouse was flcod8d to a depth of around 6 feet. Th8 Crickel Pavilion arKI cricket pitches are leased to Bradd & Bingley CC ('The Cricket Club'} and the Clubhouse and rugby pitches are leased to the Bees. both leases are full repairing and insuring leases. There is also a lease in place with the Canoe Club. Having said this, the funding of amateur sport is precarious and throughout the pandemic lockdowns the sporting clubs at Wagon Lane Uld probably not have SUTvwed without the support of the Trust. with this in mind, the Trustees Corter Ihat the retained reseryes required to maintain a multi-sport venue at Wagon Lane is in the region of £150.000 plus a minimum cme yearfs income. The retained rerVeS should be undesignated as this Is predominanuy aimed al maintaining the multi-sport facility. communal areas and the river bank which is subject to continual erosion. Retained reserves will be splrt between undesignated and designaled funds in accordance wrth the wishes of the person or persons making the donations. Designated funds will be used to supPt the sporting activty for which they have been designaled. Review oflhe Resemes Policy The reserves policy V•ill be reviewed eath period by the Truste8S to ensure that it is still relevant and frt for purpose. c. Financial results The attached financial ststements show a net decrease in funds of £15.020 (2023.. £16,069) for the financial period endod 31 December 2024. Page 3
DO$19n Envelope ID: A9790D7(H8E14898-8CWA88A95E75064 THE CRAVEN FAMILY TRUST (A company Ilmlted by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2024 Structure, governance and management a. Conslltutlon The Charity was incorporated on 15 August 2015. The Charity is governed in accordan with ts MeModum and Articles of Association. updated January 2017. The Charty is a MpanY limited by guardntee. The members of the Charity may appoint subsequent directors through an ordinary resolution. There is no maximum number of director8. Any dire(aor of the Charity V¥ill automatically become a Trustee. Where new Trustees are ¥pointed as directors of the Charity. induction training approprsate to that individuafs needs will be pmvided. ststement of Trustee8' re5ponslbllttles The Trustees (who are also directors of the charity for the purposes of company law) are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (Untied Kingdom Generalty Accepted Accounb'ng Practice). Company law requires the Trustees lo prepare ffinancial ststements for each finanaal peri(yJ. Under company law. the Trustees must not approve the finanaal statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming sOUrceS and application of resources, induding its income and expenditure, for that period. In preparing these financial ststements, the Twstees ar8 required to: Select suitable acLounting policies and then apply them consistently. observe the methods and principles of the Charities SORP {FRS 102)-, rnake judgements and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements: prepare the financial slatemenls on the going concem basis unless it is inappropriate to presume that the chanty V*fjll continue in business. The Trustees are responsbi le for keeping adequate accounting records that are suffiaent to show and explain the charity's transaction5 and disdose with reasonable accuracy at any time the financial position of the charity and enable them lo ensure that the financial statements comply with the Companies Act 2006. They a also responsible for safeguarding the assets of the charity and hence for taking aSonable steps for the prevention and detects'on of fraud and other irregularib"es. Small company pmvisions This report has been ppared in accordance wilh the KYovisions applicable to companies entitled to the Small companies exemption. Approved by order of the members of the board of Trustees arKI sned on their behalf by. Mr R J Bottomlay OBE Date: 14 July 2025 Page 4
tMxu3ign Envelo ID: A97gOD74BEl469ucC4897 THE CRAVEN FAMILY TRUST (A company Ilmited by guarantse) INDEPENDENT EXAMINER'S REPORT FOR THE PERIOD ENDED 31 DECEMBER 2024 Independent Examlne¢$ Report to the Trustees of The Craven Family Trnst {Ihe charfty.) I report to the charrty Trustees on my examinats.on of the acLounts of the charity for the period ended 31 December 2024. Responslbllltles and Basls of Report As the Trustees of the charity (and its directors for the purposes of company law) you are spOnSible for the p parats'on of the accounts in accordan with the requiremerrts of the Companies Act 2006 (Ihe 2006 Act,). Having satisfied myself that the accounts of the charity are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charitys accounts Carried out under section 145 of the Charities Act 2011 {Ihe 2011 ACY). In carying out my examination I have followed the Directions gven by the Charity Commission Und sedion 145(5)(b) of the 2011 Act. Independent Examlnerfs Statement I have completed my examination. I conffirm that no maters have come to my attention in nnectIOn with the examination gtving me cause to believe: accounting records were not kept in respect of the charlty as required by se(ion 386 of the 2006 Act,. or the accounts do not accord wilh tIK)se records; or th8 accounts do not comply with the accounting requirements of section 396 of the 20C6 Act other than any requirement that ttte accounts give a 'true and fai¢ view which is not a matter considered as part of an independent examination" or the accounts have not been prepared in &cord with the methods and principles of lh8 Statement of Recommended Pradice for accounting and reporttng by charTiies applicable to charlties preparing their accounts in accordance wÈth the Financial ReFK)rtiThJ Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other rn8tters in connection with the examination to which attention should be drawn in this report in order to enable a proper urn4erstandin9 of the accounts to be reached. This report is made solety to the charitys Truste8s. as a Itty, in accordan with Part 4 of the Charities (Accounts and Reports) Regulation5 2008. My Vrk has been undertaken so that I might state to the charty's Trustees those matters l am required to state to them in an Independent examinerfs report and for no other purpose. To Ihe fullest extent pemiitted by law, I do not accept or assume responsibility to anyone other than the charity and the charitys Trustees as a body, for rny work or for this reporL Signed: Susan Seaman BA FCA CIOT Dated: 14 July 2025 AA8 Audlt & Accountsncy Limited Gresham House 5-7 St Pauls Street Leeds LS12JG Page 5
I)0sIgn Envelope ID.. A9790D7048E14698408C488A95E75 THE CRAVEN FAMILY TRUST (A company Ilmlted by guarantee) STATEMENT OF FINANCIAL ACTMTIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNn FOR THE PERIOD ENDED 31 DECEMBER 2024 Total funds 12 month8 ended 31 August 2023 Unrestricted Total funds funds Pefiod ended Period ended 31 Decemb8r 31 December 2024 2024 Note Income from: Charitable acts'vlts'es 34,502 34,502 71.484 Total Incom• 34,502 34,502 71.484 Expendtture on: Charitable activiknes 49.522 49,522 87,553 Total expendlture 49.522 49,522 87.553 Net movement in funds (15,020) (15,020) {16,069) Reconclllatlon of funds: Totsl funds brought fonward Net movement in fvnds 513.082 (15.020) 513.082 (15,020) 529,151 (16,069> Total funds carried forward 498.062 498,062 513,082 The Ststement of Financial ActivIS includes all gans and losses recognised in the period. The notes on pages 8 10 16 fomi part of these financial statements. Page 6
Docuslgn Envdope ID.. A97&Y)D7(48E148OeC488Ag5E7S THE CRAVEN FAMILY TRUST (A company limited by guarantse) REGISTERED NUMBER: 9734461 BALANCE SHEET AS AT 31 DECEMBER 2024 31 December 2024 31 August 2023 Note Fixed assets Tangible assets 322.899 322.899 322,899 322,899 Current assets Debtors Cash at bank and in hand 10 61.624 115.909 71.654 122,829 177,533 194,483 Creditors: amounts falling due witrmn one year 11 (2.370) (4,300) Net current a5$ets 175.163 190.183 Total net assets 498.062 513,082 Charlty funds Restricted funds Unrestricted funds 12 12 498,062 513.082 Total funds 498.D62 513,082 The charity was entitled to exemption from audit under s8(*ion 4T1 of the Companies Act 2006. Th8 member3 have not required the MpanY to obtain an audit for the period in quests'on in accordance with section 476 of Companies Act 2006. The Trustees ad(nowledge their responst)ilib"es for cOrnplng with the requirernents of the Act with resped to accounting records and preparats'on of finanoal statements. The financlal statements have been prepared in aCCordce with Ihe provisions applicable lo entities subject to the small companies regime. The finanrial ststements were approved and authorised for issue by th8 Trustee5 signed on their behalf by. Mr R J Bottomley OBE Date.. 14 July 2025 The notes on pages 8 to 16 fonn part of these financial statements. Page 7
Docusign Envelope ID.. Ag79OD7(8E1469UO6c488A95E75O64 THE CRAVEN FAMILY TRUST (A company limltsd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 General Infomiatlon The charFty is a private limited company by guarantee (no. 9734461), registered in England and Wales and a registered charity in England and Wales (no. 1171332). The address of the r8gislered office is Cross Lane Mills, Cross Lane. Bradford, BD7 3. Accounting pollcles 2.1 Basis of preparatlon of f5nanclal statsments The financial statements have been prepared in accordance ryth the Charities SORP {FRS 102) - Accounting and Reporting by Charibes: Ststement of Recommended Practi applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The Craven Family Trust meets the definib'on of a public benefft entity under FRS 102. Assels and liabilities are initially recognised at historbca cost or transaction value unle&s 0th8rbwse stated in Ihe relevant accounting policy. Th8 financial statements year erKI has been changed from 31 August to 31 Dacember. 2.2 Going concern There are no material uncertainties aboui the charitys abilrty to continue as a going concem. 2.3 Incomlng resources All income is irtluded in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated wrth the transaction will Ilow to the charity and the amount can be reliably measured. Tr following specific policies are applied to particular categories of income: - Rental income is reccpJnised on a straight line basis ovw the temi of rerrtal period. Income from donations grants is reccNJnised when trre is eviden of entitlement to the gift. receipt is probable and its amount can be measured reliably. 2.4 Resources expended Expenditu M charitable activities is incurred on directly undertaking the activits'es which further the charitys objectives. as well as any associated support costs. All rer¢e5 expended are induded n the statement of financial actvibes on an accruals basis and include attributable VAT which canTW)t be recovered. Costs of raising funds we those costs incurred in relation diredly in the pursurt fundraising activities. Costs of charitable activities cornprise all costs direclty attfibutable to and in support of the charitable objects. Page 8
Docuslgn Envelope ID.. A9790D7048E14698-806C48&495E75064 THE CRAVEN FAMILY TRUST (A company Ilmlted by guarantse) NOTES TO THE FINANCIL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 Ac¢ounting policies (contlnued) 2.5 Tangible fixed assets and depreciation Tangible fixed assets are initially recognised at cost. After recognition. under the revaluation model, tangible fixed assets vthose fair value can be measured reliably shall be carried at a revalu8d amount, being their fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impainnent losses. Revaluations are made with wfficient rlaritY lo ensure Ihat the carrying amount does not differ materially from that whid) would be detemiined using fair value at the end of the reporting date. Fair values are deterfflir from market-based evidence by appraisal that is normally undertaken by professionally qualiffied valuers. If there is no market-based evidenc8 of fair value because of the specialised nature of the tangible fixed asset and it is rarely sold. exp1 as part of a contributing business, a charty may need to esb'mate fair value using an income or depreciated replacement cost approach. Gains and losses on revaluation are recognised in Ihe Statement of finanaal actlvities. with a separate revaluakn'on reseNe being Sho in the Statement of funds note. Depreciation is charged so as to allocate the cost of tangible fixed assets less thelr residu81 value over their estimated useful lives. Depreciats'on is provided on the following basis: Freehokl land 2.6 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaKI net of any trade discounts due. 2.7 Cash at bank and In hand Cash at bank and in hand indudes cash and short-temi highty liquid investments with a short maturity of threa months or1&8s from the date of acquisition or opening of the deposit or similar account. 2.8 LIabilie5 and provisions Liabilities are cOgnised when there is an obligation at the Balan shaet dale as a result of a past event, it is probable that a transfer of ecomIC benefit wll be required in settlement, and the amount of the settlement can be eslimaled reliably. 2.9 Flnanclal instruments The charty only has financial assets and financial liabilities of a kind that quality as basic financial instruments. Basic financial instruments are initsalty recognised at transadion value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using tha effective interest meth(MJ. 2.10 Fund accountlng General funds are unrestricled funds which are avali able for use at the discretion of the Trustees in furtherance of the general obiectiV88 of the ¢haity and whi(J have not been designated for other purposes. Page 9
Docusign Emidope ID.. A9790D7048E1469M06C48WE75 THE CRAVEN FAMILY TRUST (A company Ilmlted by guarant•e) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 Income from charitable actlvities Unrestricted Total funds funds Period ended Period ended 31 31 December Dernber 2024 2024 Letting of sports faeilities 34,502 34.502 Unrestricted nds 12 months ended 31 August 2023 Total funds 12 months ended 31 August 2023 Letb'ng of sports facilities 71.484 71,484 Anatysis of expenditure on charltable actlvltles Summary by fund type Unrestricted funds Total Period ended Period ended 31 31 December Dember 2024 2024 Letting of sports facilities Donations G0Veman costs 32.226 11.700 5.596 32,226 11,700 5,596 49.522 49,522 Page 10
DocJJsign Envelope ID: A9790D7(H8E1469M06C48BA95E75064 THE CRAVEN FAMILY TRUST (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 Analysis of expenditure on charitable activities (continued) Summary by fund type (continued) Unrestricted funds 12 months ended 31 August 2023 Total 12 months ended 31 August 2023 Letting of sports facilities Donations Governance costs 74,977 9,000 3,576 74,977 9,000 3,576 87,553 87,553 Analysls of expendre by actlvltles Activities undertaken Support Total directly costs fiJnds Period ended Period ended Period ended 31 31 31 Dernber Dernber December 2024 2024 2024 Letting of sports faalities Donations Governance costs 32,226 11,700 32,226 11.700 5,596 5.596 43,928 5,596 49,522 Page 11
Docusign Envelope ID: A979oD7048E1469Q6c488Ag750s4 THE CRAVEN FAMILY TRUST IA company Ilmltad by guarants•) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 Anatysis of expenditure by activitles (continued) Acb'vities undertaken directly 12 months ended 31 August 2023 Support costs 12 months ended 31 August 2023 Total funds 12 months ended 31 August 2023 Letting of sports facilities Donations Governan costs 74.977 9.000 74,977 9,000 3,576 3.578 83.977 3,578 87,553 Analysis of support costs Govemance Total fijnds Period ended Period ended 31 31 December Dember 2024 2024 Accountancy fees Legal fees 2,370 3.226 2,370 3,226 5.596 5,598 Govemance costs 12 months ended 31 August 2023 Total funds 12 months ended 31 August 2023 Accountancy fees Legal fees 1,800 1,776 1,800 1.776 3,576 3,576 Page 12
DsIgn Envelopè ID". A97WD7048E14698406C488A95E75L THE CRAVEN FAMILYTRUST (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 Independent examlnetrs remun8rntion Period ended 31 December 2024 12 months ended 31 August 2023 Fees payable to the chartys independent examinw for the independent examination of the chariws annual a¢¢ounts 2.370 1,800 staff Costs No employee receNed employee benefits dwng the period {2023 - £Nil). The average head count of employees during the perul was Nil {2023 - £Nil>. Trustees. remuneratlon and expenses During the period. no Trustees received any remuneration or other b8n8fits (2023 - £NIL). During the period ended 31 December 2024. expenses totalling £201 were rwmbursed or paid directly to a Trustee (2023- £NIL). Tanglble fixed assets Freehold land Cost or valuatlon At 1 September 2023 322,899 At 31 December 2024 322.899 Net book value At 31 December 2024 322,899 At 31 August 2023 322,899 Page 13
Docusign Envelope ID.. A9790D7048E14698-806C488A95E75064 THE CRAVEN FAMILY TRUST (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 10. Debtors 31 Dmber 2024 31 August 2023 Due wlthin one year Trade debtors Other debtors Prepayments and accrued income 47,000 12,000 2,624 52.069 19,585 61,624 71.654 11. Creditorn: Amounts falllng due within one year 31 Dernber 2024 31 August 2023 Accwals and defeed income 2,370 4.300 Induded in accnjals and deferred inwme was £nl {2023: £2.500) deferred income in the current period. Page 14
DoGusign Envelop8 ID: A979007N8E1469W06C488A95E75 THE CRAVEN FAMILY TRUST (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 12. Slatement of funds Statement of funds - current perlod Balance at 31 December 2024 Balance at 1 September 2023 Income Expenditure Unrestrlcted funds General Funds - all fijnds 513,082 34,502 (49,522) 498.062 Statement of funds . prfor perfod Balance at 1 September 2022 Balance at 31 August 2023 Incom8 Expenditure Unrestrlcted funds General Funds - al fvnds 529,151 71.484 (87,553) 513,082 13. Anatysis of net assets between fvnds Anatysls of net assets between funds - current period Unrestricted funds 31 D8cAmber 2024 Total funds 31 December 2024 Tangible fixed assets Current assets Cr8ditors due within one year 322,899 177,533 {2,370) 322,899 177,533 (2,370) Total 498,062 498,062 Page 15
Docusign Envelope ID: Ag7D7(48EI4898Wj5c488A9SF7s THE CRAVEN FAMILY TRUST (A company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 13. Analysls of net assets between funds Iconllnued Analysis of net assets betwn funds - prlor perlod Unrestricted funds 31 August 2023 Total funds 31 August 2023 Tangible fixed assets Current assets Credrtors due within one year 322.899 194,483 (4,300) 322,899 194,483 (4,300) 513,082 513,082 Totsl 14. Limited by guarantee The company is limited by guarantee lo a value not exceeding £10 per member. 15. Related party transactions The The Craven Farnity Trust has not entered into any related party transaction during the p8ri0d, nor are there any outstanding balanS owing betsveen related parties and the The Craven Family Trust at 31 December 2024. 16. Controlling party The charty was uThler the control of the twstees throughout the current perh)¢ and previous year. Page 16