REGISTERED CHARrrY NUMBER.. 11nStrd Report ofthe Tno*e5 and Firyawal Statemenis fvrthe Year Ended 31 March 2ff25 YOUTh WORKS PIORTWPTONSHIRE ￿￿6 c￿ Hal Rcod NN14 IUE YOUTH WORKS NORTHAMPTONSHIRE Contents of the Financial Statements for the Year Endeil 31 March 2025 Page Report of the Truste*s 1 to 4 Siaternent olTtustees' Respon$lbllltlo5 R¥port of the Indep•nd•n¢ Audltors Statement of Financial ActivitSa8 8alan¢e Sh•et 10 Cash Flow Statement Notes to th• Ca$h Flow Stat+mont 12 Not05 to the Flnanclal Ststornents 13 to 18 YOUTH WORKS NORTHAMPTONSHIRE Report olthe Tru•t¢*• for thg Ygar Ended 31 Morch 2025 The truste9$ present Iheir report W￿1h the finanugl $t8temerrts ￿ the ch8nty ftx the y6af eThJp4J 31 2tr25. Tho trustees hav8 8dopl8d Iht provisKJn$ ol Accoun￿'Tra 8nd Re(K*l¥¥J by Ch4thth.. s￿lemen1 ol Re&)rnmeThJeO PrA¢tt• appliCa￿e lo ch8nbe$ p￿paring I￿r a￿ountS in 8CttKd0n￿ tha Fm8th>81 R8pornrg St•ThYard 8F*8ble in ti UK and Republic of I￿land IFRS 1021 lertecb¥e l January 2019 OBJECTIVES AND A¢TivrriES Oblectl¥es and act1v￿*5 Thg obJ"e¢D"ves of Youth w￿kS NOrthampt￿hi￿ are the avancerne￿I of Jile in your¥ people by. acb.ng 0$ resource for young UP to the age of 25 swrs liwlrHJ in Ntytharnpt0r￿ by provldry advice and as$bts and OT9anising p￿gramme8 of [￿￿Ka1, educatk)r01, emotlonJ supwrt and (thr a¢Uvilles as a means ofr. 1818dvan¢dng in Ilfe and helplng young people by devdoplrvJ tsir Skllls, ¢apacllOes and c8paNftlos lo enabkn them participate in society as ind8p8ndanL maturo and r85ponsibl8 indiwiduals., Ibl adva￿1ng edu¢atK>n". Icl rel￿n9 Unemplo￿￿ent.. Idl pmoing recrea)￿al and 18isure b.me acliwty In the Intwe5ts of SLK4al weware for pwle living in Ihe area of benefrt wlx) have need by r8850n of their w)uth, age, infifmty or di5aL¥"hty. pov8rty or SC¢1￿ and econcffl circum$tsnces with a view to imp￿ng the condibons of li18 ol such persons. Our phih)sophy on wth engagernent and our passion for (x)nbnualty impTh?ng Ihe qudty of our serwces means are always adapting to the ¢hangJng needs of YOU￿ people. Publlc beneflt The Trusiees have tak￿ due regard lo th? Charity Cornmissirffi's guidance on terfiL Our currn)t servThs Indude-. - An edtsration proms1￿ for young peop18 at risk of exclu5K)n from ma￿n$t￿M education or those people Struggl￿j to engage wlh m8in5tr8am aducahon to knprovg educational attainment. - Café 08k- 8 Ioc81 CAI8 Ihat 8150 offer5 work exper*nce ancl Opportun￿8$ for wJurvJ p90pI8 In our s8rvtes. Counselling and a rar￿8 of other support seN1￿$ and targeted inlerventrjns to aLklre55 mental il health aThJ iTnprDve ernob.onal so¢ial we￿beIng. - RE."Start- a tiansib.ons service $upporbng ￿Ung Feoplg Iran5ttffjing fori*th to adult m8ntd heath servi￿. - A range of clubs, acb"vrties, an(J projects to irnprove soci81 wellbeing and skill d8velopm8ThL A range of wmmutlty events. a¢b¥ili8$, and projects lo raise publi¢ awareness of th8 iS5U88 affacting peo￿• and marginalisedlmiwty groups such as th8 LGBTQ cornrnunity, thern to participate in Ihe WKler mmun Page 1 YOUTH WORKS NORTHAMPTONSHIRE R•port of th• Trustees for th• Yoar End￿ 31 March 2025 ACHIEVEMENTS AND PERFORMANCE Charitable a¢tivitie8 y*￿th Works Community Cdtege & Café Oak 202412025 our Cornmuntty Cdleg8 had 14 students thr(whout th8 year and saw 12 of Ihem rnove on at Iho ond ol yèar 11 - many bawng wlh qualffjicats'ons and tx)srtive Jet their voices be heard. The RE..Start Noth team al80 held their first wellbeing day &t the John L(wth8r ￿ntr@ ￿there yjung peopte got to t8k8 part in 8 varietyof 8cti%ities. Youth Actiwties Thr(WhO￿ the ￿r our youlh groups have offered support lo wung p80ple Ihrough 8oard g8mes, LG8TQ. C￿ft Works and SEND group. And we held our annual Easter and Sumrner Holmlay Cknbs whefe over 60 young people enjoyed a vari&ty of acb"vllies, induding a trip to Wicksleed Parkl In the summer we took our LGBTQ groups to m8r¢h in l)olh Corby Pride and London Prkte Fundra151ng & Cornmtsnity We proffloled our at variou5 Gomrnunty events Ihrcwh(MJt the Summer (ncluding Ch¢nfest. Geddington Eco event. Ged¢Jington Fe18, cO￿Y Pride. Corby Dog Fesiival. Kett8riThJ and Corby Famty Menw Heallh Fairs. Paga 2 YOUTH WORKS NORTHAJAPTONSHIRE Report of ¢ht Trustewd forth• Y•Jr End•d 31 March 2025 In N¢)vemb8r over 30 ￿p1a and thetr lamllbs look part ki Lw*ern Par*J81 We rA&o$ed lo ￿th Seb Factor . Kelledry's T818ni Show - very Patr￿, Jam•5 Acasier. was one of the judges. Al furkts rawd in mem(ryof S8basiian are being donateij lo Youlh W(*k$ aNJ a ing ¢0 be used to cr8aied 'Sebastian's Supwt SeNc8' oHenThJ emotyThl %￿b￿n9 $ukwi to those 8f18c￿ ty famity memt¢r in pd118￿ w. And in March we ce18brated Orang8 Oay by *wring oratye in Sebs rnemory. At Chr￿trnas 8Tr9siock Adv*)t ￿endar ¢J(wted haK their 1Ur¥JTa￿ng ￿ y￿￿th Works en8￿l￿g to fuy day training programme fcrf all ¢oun5elh)rsl Thi5 programmè gave our coun5elby5 an oprthunity 10 furth skius to emwwer ￿Ung pwe in ex[￿oring and expressing th•¢ lh0￿hts and fÉelir¥Js. We were aLg) aL* to putrth8se sand tray5, pupwis and other resou￿ lo be used *Th the ¢OLffjs￿ servic88 as See lh8 Inrx8ase in under 11's needing mental heath gJpporL INe end&1 Ihe fuTh1raisiThJ year wlh cOn￿r Scott$ farn￿1 and friermjs d&iYing to dcthte to Ycth WO￿ in Comols mwnory. We ￿rk wlh kJl$ ol yourMJ people t￿1 51atislirA￿ w)ung men 8rè underrew8sant8d in our 58rvK8s and we are IoDking al how we can address ihal. This moneywill be usa lo suppyxtthat %vork_ F#4ANCIAL REVIEW Flnjnrld po•ltlon Y(MJth Works Nothamplon5hire have h•J a S￿C8S$1ul ￿r.. Youth wo￿$ Cc4* r))ntinued to rnaintain p8rtn8r5hip5 wlh kyal Seconcsary Sch￿$ and lh6 L£￿ Authority Inclusion Team 18ading lo Iha school working at cApacty. Th￿ topther the c(￿mitmentfrOM the N£¥thamplonshtr¥ Integrated C8re 8oard and Public Health, to proMd8 mentsi health support for our l¢xxl soung p8oJYe for 2024r2025. means Youth Works Northampknn5hire 18 financ￿tY Se￿re for the finanod year. In aeLx)rdance with rgwmmend&d pra¢ty￿, it ts Youth WLYks NOrtharnptor￿llre,$ poJKy to hold reseNes equDialEnl to Six month's runnlng costs. The free reserves of £772.597 12024.. £754,302) hÈkl ai 3151 March 2025 arè above Ihl$ levd. Unrestrict8d funds higher than these would be {￿s1(￿ed designated funits by Ihe Board of Twsiees who m*e klan5 to ensuro tho be51 us8 of them, h8lpln9 10 sacure Ihe future delivery of seTrices lo Iho ¢haty's b8nefioanes. Thi5 is dekn.led in the R8serwes PrAiGy. The trus￿$ have assessed ihe rnajoF risks lo whith the CW is exKWJ5ed and ar8 saty"sffed that Sys￿$ are in pL8c8 lo miugale exposure to ts major risk5. STRUCTURE, GOVERNANCE AND hlANAGEIIENT Governing document The ch8nly is conlrthd by it8 wfrming thurnenl, a deed of trust aThJ con5*'tutos an unincorpor•t8d ch8Tty. R•crultm•ni •nd appolntrn•ffj of now tni8to0 New Trustses are apKMxnted with ￿gard lo the skilLs, kThxwledge and exper￿Ce needed fw the 8ffecli 8dm￿l&ll?ts"on of th8 ¢hanty. New TnJ$tee5 are reuuited vla leaiures shared through winled pu￿￿allOn5. wial rn￿18 and thr￿gh kxal and region￿ nel%wfk5 targeted accotding lo the skills and kno￿edge ￿QUIred. Ap￿￿£￿ts are ￿ter¥w￿d by a panel of Trust88s bvho readb a as ts) the suit8tAbty of the applicanl. Youth W¢yks N0rthaMpt￿hire ac1h8￿9 to th￿'r 8qud opwrtunib'es thrO￿h all elemenls d the recruitment prLu&B. AJI sucr*s51ul caridklates are apFQY7ted subj8Ct lo a satisfacty 08S check for a tfveeknyear tem. Ml new tru$tee$ rwAiv8 8'Ntsw Trustsa lnl0rma￿n Pack, includ6S a copy of Youth Work5 North8mptonshwe's uJnsbbJtion, the lat8sI anrwal repjrt. nfcYrna￿"om re1sts￿ to Iha r£4e of Ihe Tr￿stee and a numb8r of tM)licies key to their rc48. REFERENCE AP40 ADMINISTRAMVE DETAILS Rtyi•t•rnd Ch*rfty nurnb•r 1177502 P890 3 YOUTH WORKS NOftTH*AIPTONSHIRE Report ofthe Trustees lor th• Y•ar End•rn to tl* Tru•iw• ¢1 Youlh Works Nort￿mPtOn*hlr• Oplnlon We have a￿1rted the fmn(ia ststom¢nts Works Nrythamrknsb40 lthv 'olWI lor tho ￿ar w¥J•J 31 Mafth 2025 rxmmsykne the Statsmgnt ol Flnanclal Acts￿81. Ihe BolwKv Sheel. the Cash Fkr* Slatemenl and notes lo th2 finan1￿ Slatem￿ls. irv￿Al[¥j a surnmary of $KJnikant XCLwnling firwwl rer*x*' Irarne¥￿ tttal has been aprA*d ￿ iheir proparatm * 8prAKot4e *¥J UThlod StArthtd IUnrt8d Trtinfvi Generaty Accepted Pracbc•l. In wr 0￿￿)n lh8 finAnC#￿ slaiem6nts'. give a true and f&r of Ihe staia ol the tharitya Jffaws a* 8131 2025 a￿￿015￿ ty)comlng ragwm appliCat￿n of resources. lor lh6 than ended.. . have baen w￿are￿ in accordance vfith unl￿ Kuv>kn Gen8r* A￿ap￿j kn>JJntiThJ Pr&tie•', aThJ have been rwared in ac<>ydance lh8 WU1￿MentS of lh8 Charitss Ad 2011. Bas1$ foroplnlon W8 coThlu¢ied otsr a￿j11 in a￿dar￿ ￿1h ln*rna￿n￿ Standards on A￿th.ting IUKI IISA8 IUKII and app￿￿bI& I￿. Our reynsfy"Iities under Ih05e $tsnd*ds arB turther des¢nbed In the Auditors, responybi4bes for the 8￿Jrt of lh8 fln8ncial $taiÈmenis seL*on of our r8rx)rt. We are independent of Ihe charity ￿ accordance ¥Mth Ih8 8thical requirements thai are relevant to our audit of the finan￿8￿ slalem8nls In the UK, including th? FRC'S Elhic81 Slarxlard, and we have fuffilkd our other 8th1￿ respNtsibilibes ITh accordance th888 requirements. We telieve that the audit avidence we rove obtained is suffirAent arKJ apwowiate lo providè a basu8 f¢rour Cwi¢lysions ielatin9 to going concern In autlibng the financiJ 5tatemenls, w8 hawe ¢on¢luded thal the trts5t885' use of thè goirKJ tsas6 of ac¢ounw In the pwiaration of the f￿ar￿1 ststsmwts is apprtyiat8. Based on the work ￿ have perforrned. we have not Kl8ntifi8d any Material un(*rtainb"es tslatsTvJ lo events or conditions that. Individuaty or ￿le￿Vely. may ¢asl svJnffi¢arnt doubt on the tharitys to eontnue 88 8 9)Ing ¢JJrK8m kn a perkyl of at least ￿efve M￿th$ from ￿en the finartial statetnents are aulhwised for issue. Our re5kK)nsibilities and the respcxsibilities of the tru8tee8 wilh reS[￿rt to g)ing ￿nc*M are descrfbed in r8b8vant S￿￿On9 of Ihis ie Olh•r lrtlormatlon The trustees are respon5iblÈ for the other infomi8liJn. Th& olher information cornprises thè inf￿￿￿￿)n ind￿Jad in the Annual Report. other than the financial stal8rnents and our Rep¢￿ of the Indeppndenl Auditor5 theT80n. 04Jr opnM)n on Ihe finarcial statements does not covef the olher mformats.on and. except to Ihe extent oth8rwlse eWi¢iUy stated In L¥Jr rekK¥t. we do aot express any fom ol aswrance C4)￿$￿)￿ IheFeon. In c3)nMGknn wlh our audit of finanoal stalemen(s, our ￿$￿)sIbl￿ty is to read the othgr informatK)Th atkl, in dtsng $0. consider wh8th8r the other Inforrnalion is Mater￿lY incJJnsKEtent with the f￿anCIal statements Cf 0￿r kr￿￿￿edge obtair￿1 in Ihe audit or othemse arvars lo be rnaterialty misststed. 11 we identfy 5uth rnaterial inconsist8ncaÈ8 or apparenl rnaterwl misstaternents, W8 ar8 required to deterrnine ￿￿ther this gives rise lo a rn8terfal rnssstatement in the finwKial ststements Ihemsefves. If, ba￿ on Ihe ￿rk we have perf0m1￿J. we condud8 Ihat there is a matsfial mbststgment ol Ihls other informakn. we ar8 rwulrBd to report Ihat fact. Wtr have nolhlng to rw)rt in this r8gard. Matter& on T*hich we are roquired to r•port by excep￿Tr Wa have nothiry to rewt In ￿pect of the folbwing m&tt8rs there the Ch8rfYes IAccounts and Rep￿ts} Regylauons 2￿8 rwire5 US to report io sY)u Ir, in ouropinioTr'. th8 informauon glven in the Rewrt of tho Twstees 15 incons&tsnl any malertal r85pecl *ith the financial statements., or suifiuenl ￿cOun1￿n9 r8(xxtts have nol bean k8Pt', or the finanual slalements are not ￿ agreement %4hth Ihe accounting TBcord5 ar*J relurrts.. we h8ve not received all the information aThJ expjanatiorts we r8quir8 for our audit. Payo 6 Roport olthe kndeP•Dd￿t Audliorn to ts TnNt•n ol Youth W¢rtES Northarnpton*hlr• R•Bpon$lblll#•s of Irust• As explained mc*e fully In Ihe Ststement of fftbSte85' R8swTh*kn. fv tr1￿$ afo ro¥￿￿ for the of the fin8n￿al slaternents a true fay vw. fty ￿ Mrtwnal as th8 tW5t88s d818fftTh 18 necessary to efiab￿ thè w8wati(m of fina￿ #al￿￿71$ Ihttt are Iree IrDm Maleri￿ rn155tat•menl, due ki fraud or 8rrc<. In wep8ring the fir￿ncIal Strt￿en1S. th8 trustets are r8sF￿A8 frK ass8ssThJ the atAty io a8 • altemative tKJt ts) do so. Our wponslbS1Stl¢• for th• audlt of th• financlal 8taltyw AL# and rel8vant reg￿tio￿ mad& (* havirvJ eff8Ct IherwJr¥Jer. material rnisstatement. lvhetlw due to fraud ¢x errDr. and to a RepNyi ¢A Ihe IndrfEndent Auditors that incjudes our tspinw)n. Re8sonablÈ as5urarFce is a hMJh *vel of asWJrar￿. not a guwantee that an audit r￿lutted In awrdance wth Isk IUKI will ahwdy5 detect a material rni551ateir*nt %then it exists. Mi5Staternents can aris& from fraud or error and 3r8 consk1èred Mate￿￿ rf. ￿NIdU￿ ￿ in the awegate. they rea50naL4y be experts) lo infitJgn¢e the e0)r￿liC tjeusions of users tsken basis of th8se Sktements. Enquiry of management th￿ ¢*arwl vAth 9)vernan￿ aT￿nd Wli81 &vJaib)n ￿ daims as as aciud. 5uspecled and aleged fraud; Reviwwng minute5 of meetings ol Ih056 charpj thith ￿￿Tr￿¢.. Assessing the exteftt of ¢JxnFl￿nce the regAatTh￿ have a ¢kncl Ma￿la1 effera on Ihe financ￿?1 ststements or the operatims of the (x)rnpany erwryaNJ inSpth￿.. la*s and regulatic•)s,' Perfomiing audit work over th8 iisk of mww8ma)t tN8s override of Wllrd5, iN*JdiThJ testing of joumal entries nd oth8r adjustm8nt5 for aFvropriat8n85s, evSk￿l￿ Ihe IxJs¥ws ralbM* of trdnsacajons Iwtside the A furtf*r de$cnpts￿ of w reSpL￿Sit￿l￿s aLh*t ol the financaal slatem8nts ￿ I￿at￿8 cfi Ihe Financial Repth"ng C¢xJnrifs *b5rte at wwW.f￿L￿g.UIja￿ItCrf￿8sP￿￿￿4kn. Th￿ fcths part Lrf our Rep(Kt of th8 Ind8pend8nt AUdrt￿S. Report of the Independent Audilorn to tho Tru•te•s of Youth Works Northampton$hlre U80 of our report This report is made sowy to Ihe Lthariys trus18e5. a$ 8 trN)dy. in %%ith ￿ 4 of ts Charities I￿￿￿nts an(J Rekwxtsl Regulabons 21K18. Our audil Iws been uThJeriaken so that we mb3ht stste to th8 trust88S those matters we are required io st21e lo Ihem in ￿ auditors. rekK*I and for rKJ other purpose. To the luuest extent permitted ty kw. %%e do nol accept or ass￿ ¥e5wysthity to artyr￿? other Ihan the charity and ¢haritrfs tnJ5tees as a body. audrt *rJrk, ￿thiS rermrt orf(¥ Ihe ryinv)ns have fomied. Infinitas Ac¢t￿niants ￿Mrted Unit 6 North Busine$$ Park Cherry Hall Road Kettering Norihamptonshife NN14 1UE P•a• 8 YOUTH WORKS NORTHAMPToN￿lIRE Staternent of Finan¢i•l A¢livi￿•S lor th• Y•ar End•d 31 March 2025 2025 Unrestrlct•d fund 2024 Tolal fvnd• INCOME AND ENDOWMEp4fs FROM 15. 6,547 ChaFitable acti¥ltl•s Educatk)n serwces 1.444.718 1.368,170 75.308 23.321 Inv05tm8nt Irojrne 22.707 Total 1,558.436 1,397,424 EXPENDrruRE ON Charltable actlvltles 1,540.141 1.286,530 NET INCOME 18295 110.894 RECONCIUATION OF FUNDS Toial funés br(w4hl f(Thar 754.302 643.408 TOTAL FUNDS CARRIED FORWARD 772.597 754.302 Pap9 YOUTH WORKS NORTHAMPTONSHIRE Bdance Sheel 31 Ma￿h 2025 2025 Umr•strt¢tsd fvnd 2024 Tot•1 FIXED ASSETS Tangibl8 assets 11 60.450 CURRENT ASSETS Debtors Pr8paym8nts and ac¢ruwJ hcome Cash 81 bank and In haTr 12 174.282 1.872 PJJ2.400 240.883 1.872 I.OS2.186 978.554 1.294.941 RED￿ORs Arnounts falling due wlh¥i one yaar 13 1266.4071 1540,6391 NET CURRENT ASSETS 712,147 754,302 TOTAL ASSETS LESS CURRENT UABIUTIES 772.597 754,302 NET ASSETS 772.597 754,302 FUNDS Unreslri¢t8d funds 14 772,597 754,302 TOTAL FUNDS 772,597 754.302 The finan al 5taternents were approved by the Bo8rd of Tnjslees and autsN)ri￿ for issue . and were slgned on rts behall by.. L Verty- Trustee The r￿teS fcm part of these fiThancW statements P8g& 10 YOUTH WORKS NORTHWTONSHIRE Cash Flow Statefflant for the Y•ar Ended 31 Marcth 2025 ¢••h flows Irom op•ratlng •Etl¥ftl•• Cash gener8t8d from opwatx 1189.ts8) 1356,8431 Net (ash used in opernb"NJ *Thitses 1189.3361 1356.8431 Cash flows from investing a￿1vities Purc*ase of tangible fixed &55ets I￿.49)) Net cash lu$e(I InyprovhJ8d tyinv•stiNJ 8Gljths (60.4501 Change bn cash anil &75h equl¥alents in the rtporting period Cash and cash equivalents atthe beginning tsf the reporting period I249.7￿) 1356,843 1,052,186 I,4￿￿.1Yd9 C••h and cash oqul¥•l•ni¥ •tth• •nd ot th• r•portJn9 p•rlod 802,4CQ 1.052.186 YOUTH WORKS NORTh AMPTONSHIRE Notes to th? Cash Flow Statement f¢rth¢ Year Ended 31 March 2025 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTMTIES 2025 2024 Not inGorne forthe r•porknng period la5 part￿ Statement ol Flnancial Activltl881 Adjustments for: Oecreasellincr88sel In debtor8 Decrea58 in cr£dllors 18,295 110,894 66.601 1274,2321 1207,2181 1260.5191 Net ¢a5h used In Ol￿atIOnS 1189,3361 1356.8431 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Cash flow At 31.325 N¢t Gash Cash at bank and in hand 1,052.186 1249,7861 802.400 1,052,186 1249,7861 802,400 Total 1,052,186 1249,7861 802.4(M) T￿ not86 lomi of thes6 ststements Page 12 YOUTH WORKS NORTHMipfoNSHIRE Not•s to th• Financial Siat•m•n lor th• Y•ar Endod 31 M•r¢h 2025 ACCOUNTING POUCIES Basis of prep•flng th• financial ¥tat•meftts The financial 5ts1ernents ol the clL8rty. ¥hKh 15 a w#Jor FRS 102. have bgWJ W8p¥•J In th8 Chafibes SORP IFRS 1021 'kAxJnb"rg aTrJ Ra￿ ty Charibes.. Slatomenl ol Rel￿r￿) Starth UK Rwbt4¢ rrf IFRS 1021 leff&JNe 1 January 20191.. Finam￿ Rèk*Yt"TrJ StaThJw¢ 1trL Tr* Finwwl ReFthry WKat4e fft the UK and Repu￿￿ of Incty Exp•ndllur• Liabihbes are reccgnised 8$ exp￿litU￿ as S{￿ as tlwe LS a IW or C￿￿truCt￿e ot4wJation comfflitl'ng the L*anty to that 8X[￿ditUr8, rt wcthble Ihat a transfer of ￿71 bè required in settkment and the amount of the L*4igation can be measur&Y le1k4￿. Exkv*Siture ¢5 ￿￿jnted f￿ on an accruats basis and has been da￿fied urNJer headirvJs thal wregaie c05l relatwj to the Lztegjy. Where costs c8rml be direth attntxrted to pa￿.￿11¥ l*•linys Ihey have alkntsted to a*Trthies ￿ a basis consistent %*ilh the use of reswr(ts. Tanoibl* fix¢¢l aM*ts lrfe. Taxatlon Fund accounung Restricted can onfy be used fL¥ paiticthr restrthd rMMf*)W T￿l￿n the objects of the chanty. Further eWanatiC￿ of th8 na￿re fuThJ the notes to the financk81 staternenis. Ponslon costs and c*her p05t-fetir8Thnt bon The chanty operates a defined ¢