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2024-07-31-accounts

REGISTERED COMPANY NUMBER: 10085963 (England and Wales) REGISTERED CHARITY NUMBER: 1172078

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

FRIENDS OF HARDIE PARK LTD

A R Wenden FCCA Elliott, Mortlock, Busby & Co Limited 12 High Street Stanford le Hope Essex SS17 OEY

FRIENDS OF HARDIE PARK LTD

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

Page
Chair Report I
Report ofthe Trustees 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7 to 8
Notes to the Financial Statements 9 to 14
DetailedStatementofFinancialActivities 1S to 16

FRIENDS OF HARDIE PARK LTD

CHAIR REPORT FOR THE YEAR ENDED 31 JULY 2024

Despite the challenges that were brought about during the Covid pandemic, and the economic challenges in subsequent years, we ended the previous financial year with confidence that the future of the charity was secure. With continued effort throughout 2023-24, from all involved in the charity, our position remains strong, and we are well positioned for the forthcoming financial year. ] am- as ever - sincerely grateful to all volunteers and staff who have worked with us over this period, and who have helped to contribute to our success. Similarly, | would like to thank my fellow Trustees, whose time and expertise have helped to guide our charity's work. Finally, a huge thank you to all customers at our Café/pop up shop, Park users, and supporters - your support and backing is what keeps our project running year on year.

At the end of the financial year, Trustees remained confident that we were in a good position to face the future - café operations continue to perform well, our food recycling project has gone from strength to strength, and we continue to run a variety of clubs across the park - bringing life and a sense of community to our fantastically diverse project.

We are grateful for the continued support of our community, including from a range of both small and large business who have consistently gone over and above in supporting our work.

We benefit greatly from healthy partnerships with local public sector bodies and elected representatives.

The Park itself continues to be a vibrant community space all year round we will continue work to improve the look and feel of it over time.

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FRIENDS OF HARDIE PARK LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Our charitable objectives can be summarised into our main aims:

We continue to improve Hardie Park for the benefit of the entire community, this means that we cut the grass regularly, tidy shrubs, bushes, and plants, collect litter, empty bins and regularly maintain the play equipment.

We run a community centre and café and a food recycling project (our “pop-up shop"). This creates a space for the community to come together to meet, play and/or work and has been a huge success. We now have many projects and events that encourage community participation, reduce social isolation, and bring generations into positive contact with one another.

Significant activities

The charity is volunteer-led, but does have a small number of paid staff to cover business-critical positions across the organisation.

Here is a summary of other activities that we started or achieved in the year ending July 2024:

Following our successful application in the previous financial year to the Lower Thames Crossing Community Fund, in this year we purchased a new van for the project - replacing our old van, and helping to secure the future of[this][vital][programme] for the charity for many more years.

Public benefit

The trustees confirm that they have complied with their duties under section 4 of the 2011 Charities Act with regard to Public Benefit.

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FRIENDS OF HARDIE PARK LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024

OBJECTIVES AND ACTIVITIES

Grantmaking

In order for the charity to operate and grow it also relies on grants and voluntary donations for which we are very thankful - some of these allow us support our core functions, and others are specifically for community or park-based projects.

Volunteers

We continue to be a volunteer-led organisation which balances the work of providing support and activities for the local community for little or no cost with the challenge of creating long-term financial sustainability so that we can continue in our mission to serve.

FINANCIAL REVIEW

Principal funding sources

The principal funding sources for the charity are by way of grants and donations.

Reserves policy

The charity needs to hold a level of reserves in order to plan adequately for future development. The freely available reserves stand at £61,005.

FUTURE PLANS

The Board works to continue Hardie Park's 7 day per week operation, generating income to cover costs and to secure additional funding to enable the charity to extend our activities to further support the community where needed.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, listed by guarantee, as defined by the Companies Act 2006.

The Charities Articles of Association:

For the benefit of the inhabitants of Stanford-le-Hope Essex, and the surrounding area ("The area of benefit"), to provide or assist in the provision of facilities for recreation and other leisure time occupation in the interest of social welfare with the object of improving their conditions oflife for the inhabitants ofthe[area][ of][ benefit][in][particular][but][not][exclusively][by:]

(a) The preservation, promotion, support and improvement of Hardie Park and its amenities. (b) Establishing or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above.

  1. To advance education, promote good health and relieve charitable need for those in the area of benefit.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number 10085963 (England and Wales)

Registered Charity number 1172078

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FRIENDS OF HARDIE PARK LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024

Registered office

Hardie Park Community Development Centre Hardie Road Stanford-Le-Hope Essex SS17 OPB

Trustees Ms J N Cooke Company Director J Heale Retired Bank Officer

C A Meads Vice Chair (resigned 2.7.24) Ms F Goodall Company Director M Adams Chair Ms N Rout J Tapsell (appointed 1.7.24) J J Barzourkas (appointed 6.11.23) Ms A Hawkins (appointed 24.1.24)

Independent Examiner A R Wenden FCCA Elliott, Mortlock, Busby & Co Limited 12 High Street Stanford le Hope Essex SS17 OEY

Approved by order ofthe board of trustees on 23 April 2025 and signed on its behalf by:

M Adams

_

M Adams- Trustee

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| INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIENDS OF HARDIE PARK LTD Independent examiner's report to the trustees of Friends Of Hardie Park Ltd (‘the Company’) | ] report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2024, Responsibilities and basis of report | As the charity's trustees of the the Company (and also its directors for the purposes of company company law) you are responsible for the | preparation of the the accounts in accordance with the requirements of the the Companies Act 2006 (‘the 2006 Act'). Having satisfied myself that that the accounts of the the Company are not required to be audited under Part 16 of the the 2006 Act and | are eligible for independent examination, I report in respect of my my examination of your charity's accounts as carried out under Section 145 of the the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions | given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Independent examiner's statement | ] have completed my examination. I confirm that no matters have come to my attention in connection with the examination | giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or | 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any | requirement that the accounts give a true and fair view which is not a matter considered as part of an an independent ! examination; or

As the charity's trustees of the the Company (and also its directors for the purposes of company company law) you are responsible for the preparation of the the accounts in accordance with the requirements of the the Companies Act 2006 (‘the 2006 Act').

Having satisfied myself that that the accounts of the the Company are not required to be audited under Part 16 of the the 2006 Act and are eligible for independent examination, I report in respect of my my examination of your charity's accounts as carried out under Section 145 of the the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

  1. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an an independent examination; or

4, the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of freland (FRS 102)).

] 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 understanding of the accounts to be reached.

Anthony Wenden

A R Wenden FCCA Elliott, Mortlock, Busby & Co Limited 12 High Street Stanford le Hope Essex SSI7 OEY

25 April 2025

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FRIENDS OF HARDIE PARK LTD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024

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||||||||| |---|---|---|---|---|---|---|---| |2024|2023| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |Notes|£|£|£|£| |INCOME|AND|ENDOWMENTS|FROM| |Donations|and|legacies|20,169|-|20,169|31,063| |Other trading|activities|3|76,936|-|76,936|-| |Investment|income|4|862|-|862|-| |Total|97,967|-|97,967|31,063| |EXPENDITURE|ON| |Raising|funds|19,676|-|19,676|1,333| |Charitable|activities| |Activities|§5,397|-|$5,397|14,200| |Other|7,862|-|7,862|-| |Total|82,935|-|82,935|15,533| |NET INCOME|15,032|-|15,032|15,530| |RECONCILIATION|OF|FUNDS| |Total|funds|brought|forward|45,973|-|45,973|30,443| |TOTAL|FUNDS CARRIED FORWARD|61,005|-|61,005|45,973|

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The notes form part of these financial statements

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FRIENDS OF HARDIE PARK LTD

BALANCE SHEET

31 JULY 2024

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |2024|2023| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |Notes|£|£|£|£| |FIXED|ASSETS| |Tangible|assets|8|11,877|-|11,877|3,070| |CURRENT|ASSETS| |Stocks|9|1,000|-|1,000|1,000| |Debtors|10|443|-|443|-| |Cash|at|bank|and|in|hand|50,516|-|50,516|42,633| |51,959|-|51,959|43,633| |CREDITORS| |Amounts|falling|due|within|one year|i]|(2,831)|-|(2,831)|(730)| |NET CURRENT ASSETS|49,128|-|49,128|42,903| |TOTAL|ASSETS|LESS|CURRENT| |LIABILITIES|61,005|-|61,005|45,973| |NET ASSETS|61,005|-|61,005|45,973| |FUNDS|12| |Unrestricted|funds|61,005|45,973| |TOTAL FUNDS|61,005|45,973|

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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

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continued...

FRIENDS OF HARDIE PARK LTD

BALANCE SHEET- continued 31 JULY 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 23 April 2025 and were signed on its behalf by:

M Adams _

M Adams - Trustee

The notes form part of these financial statements

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  1. STATUTORY INFORMATION

  2. ACCOUNTING POLICIES

FRIENDS OF HARDIE PARK LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

Friends of Hardie Park Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number, charity number and registered office address can be found on the Company Information page.

Basis of preparing the financial statements The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Buildings - 20% straight line basis Fixtures and fittings - 3 years straight line basis Motor vehicles - 25% on reducing balance

Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation ofthe[nature][and][purpose][ of][ each][fund][is][included][in][the][notes][to][the][financial][statements.]

Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

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FRIENDS OF HARDIE PARK LTD

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JULY 2024

----- Start of picture text -----
||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |3.|OTHER TRADING|ACTIVITIES| |2024|2023| |£|£| |Cafe|income|76,936|-| |4,|INVESTMENT|INCOME| |2024|2023| |£|£| |Deposit|account|interest|862|-| |5.|NET INCOME/(EXPENDITURE)| |Net|income/(expenditure)|is|stated|after|charging/(crediting):| |2024|2023| |£|£| |Depreciation|- owned|assets|1,727|160| |6.|TRUSTEES'|REMUNERATION AND|BENEFITS| |2024|2023| |Trustees’|salaries|£|£| |-|1,333| |Trustees’|expenses| |There were no|trustees'|expenses|paid|for the year ended|31|July 2024|nor for the|year ended|31|July|2023.| |7.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES| |Unrestricted|Restricted|Total| |funds|funds|funds| |INCOME|AND|ENDOWMENTS|FROM|£|£|£| |Donations and|legacies|31,063|-|31,063| |EXPENDITURE|ON| |Raising|funds|1,333|-|1,333| |Charitable|activities| |Activities|14,200|_-|14,200| |Total|15,533|-|15,533| |NET INCOME|15,530|-|15,530| |Transfers|between|funds|28,431|(28,431)|-| |Net movement|in|funds|43,961|(28,431)|15,530|

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FRIENDS OF HARDIE PARK LTD

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JULY 2024

7. COMPARATIVES FOR THESTATEMENTOF FINANCIAL COMPARATIVES FOR THESTATEMENTOF FINANCIAL ACTIVITIES -continued continued
Unrestricted Restricted Total
funds funds funds
£ £ £
RECONCILIATION OF FUNDS
Total funds brought forward 2,012 28,431 30,443
TOTALFUNDSCARRIEDFORWARD 45,973 - 45,973
8. TANGIBLE FIXED ASSETS
Fixtures
and Motor
Buildings fittings vehicles Totals
£ £ £ £
COST
At 1 August 2023
Additions
Disposals
2,500
-
-
480
5,484
-
250
5,300
(250)
3,230
10,784
(250)
At31 July2024 2,500 5,964 5,300 13,764
DEPRECIATION
At August2023
Charge foryear
-
500
160
675
-
552
At31 July2024 500 835 552 1,887
NET BOOKVALUE
At 31 July2024 2,000 5,129 4,748 11,877
At31 July2023 2,500 320 250 3,070
9. STOCKS
2024 2023
Stocks £
1,000
£
1,000

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FRIENDS OF HARDIE PARK LTD

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JULY 2024

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |2024|2023| |£|£| |Trade|debtors|102|-| |Other debtors|341|-| |443|-| |HH.|CREDITORS:|AMOUNTS|FALLING|DUE WITHIN ONE YEAR| |2024|2023| |Trade|£|£| |Social|creditors|1,567|-| |Other|security and other taxes|593|267| |creditors|671|463| |2,831|730| |12.|MOVEMENT|IN|FUNDS| |Net| |movement|At| |At|1.8.23|in|funds|31.7.24| |Unrestricted|funds|£|£|£| |General|fund|45,973|15,032|61,005| |TOTAL FUNDS|45,973|15,032|61,005| |Net|movement|in|funds,|included|in|the|above|are|as|follows:| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|97,967|(82,935)|15,032| |TOTAL FUNDS|97,967|(82,935)|15,032|

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FRIENDS OF HARDIE PARK LTD

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JULY 2024

12. MOVEMENT IN FUNDS- continued

Comparatives for movement in funds

:

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|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Net|Transfers| |movement|between|At| |At|1.8.22|in|funds|funds|31.7,23| |£|£|£|£| |Unrestricted|funds| |General|fund|2,012|15,530|28,431|45,973| |Restricted|funds| |Performing Parks|28,431|-|(28,431)|-| |TOTAL FUNDS|30,443|15,530|-|45,973| |Comparative|net|movement|in|funds,|included|in|the|above|are|as|follows:| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|31,063|(15,533)|15,530| |TOTAL FUNDS|31,063|(15,533)|15,530| |A|current year|12|months|and|prior year|12|months|combined|position|is|as|follows:| |Net|Transfers| |movement|between|At| |At|1.8.22|in|funds|funds|31.7.24| |£|£|£|£| |Unrestricted|funds| |General|fund|2,012|30,562|28,431|61,005| |Restricted|funds| |Performing|Parks|28,431|-|(28,431)|-| |TOTAL FUNDS|30,443|30,562|-|61,005|

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——

FRIENDS OF HARDIE PARK LTD

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JULY 2024

12. MOVEMENT IN FUNDS- continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

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||||||| |---|---|---|---|---|---| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|129,030|(98,468|)|30,562| |TOTAL FUNDS|129,030|(98,468|)|30,562|

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  1. EMPLOYEE BENEFIT OBLIGATIONS

The company operates a defined contribution pension scheme, for the employees. The assets of the schemes are held separately from those of the company in independently administered funds. At the balance sheet date there were £8 unpaid contributions (2023: £Nil).

14, RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2024.

  1. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

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FRIENDS OF HARDIE PARK LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024

2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
20,169
-
-
-
20,169
-
25,062
6,001
20,169 - 20,169 31,063
Other trading activities
Cafe income 76,936 - 76,936 -
Investment income
Deposit account interest 862 - 862 -
Total incoming resources 97,967 - 97,967 31,063
EXPENDITURE
Other trading activities
Purchases 19,676 - 19,676 -
Trustees’ salaries - - - 1,333
19,676 - 19,676 1,333
Charitable activities
Sundryexpenses
General project expenses
1,627
654
-
-
1,627
654
2,545
669
2,281 - 2,281 3,214
Support costs
Management
Wages 29,766 - 29,766 -
Pensions 117 - 117 -
Cleaning and waste management 2,586 - 2,586 -
Insurance
Light and heat
Telephone
2,157
8,420
§20
-
-
-
2,157
8,420
520
-
-
-
Postage, stationery and advertising 5,063 - 5,063 95
Motorand travel 4,077 - 4,077 -
Rent, rates and water 2,094 - 2,094 255
Repairs and renewals 2,197 - 2,197 354
Carriedforward 56,997 - 56,997 704

This page does not form part of the statutory financial statements

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FRIENDS OF HARDIE PARK LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024

2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Management
Brought forward 56,997 - 56,997 704
IT consumables and software 803 - 803 -
57,800 - 57,800 704
Finance
Bank charges 1,060 - 1,060 128
Depreciation oftangible fixed assets 1,727 - 1,727 160
2,787 - 2,787 288
Other
Donation 391 - 391 10,000
Governance costs
Accountancy and legal fees - - - (6)
Total resources expended $2,935 - 82,935 15,533
Netincome 15,032 - 15,032 15,530

This page does not form part of the statutory financial statements

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