Charity registration number 1178339 IEngland and Wales)
MADDI'S BUTTERFLIES
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

MADDI'S BUTTERFLIES
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
H Foster
K Foster
D Boardman
S Allan (Chairl
M Allan
N Pask
(Appointed 30 July 20241
Charty number
1178339
Prlnclpal address
3 Lords Crescent
Lower Darwen
Darnen
Lancashire
BB3 OSU
Independent examiner
PeterAtkinson F.C.A.
JS. Accountants and Business Advisors Limited
James House
Yew Tree Way
Warrington
Cheshire
WA3 3JD
Bankers
National Weslminsler Bank PIC
Market Street
Darwen
Lancashi
BB31BN

MADDI'S BUTTERFLIES
CONTENTS
Page
Trustees, report
Independent examiner's report
ststement of financial activities
Balance sheet
Notes lo the financial statements
7-16

MADDI'S BUTTERFLIES
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 APRIL 2025
The trustees present their annual report and financial statements for the year ended 30 April 2025.
The financial statements have been prepared in accordance with the accounting Policies set out in note 1 to the
financial statements and comply with the charity's governing document, the Charities Act 2011 and 'Accounting and
Reporting by Charities." Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Stsndard applicable In the UK and Republic of Ireland IFRS 1021 leffeclive
1 January 20191
Objectives and activities
The charity's objects are lo relieve the needs of young people with Neuroblastoma and other rare fomi$ of
childhood cancers. their families and carers as the trLJStees shall determine. The trustees have paid due regard to
guidance issued by the Charity Commission in deciding what activities the charity should undertake. The trustees
are satisfied that they have complied with their duty lo have due regard to the guidance on public benefit published
by the Commission In exercising their powers or duties.
The charity continues lo strive to put a smile back on the faces of children suffering with Neuroblastoma or other
rare forms of childhood cancer.
Achievements and perfomiance
During the year lo 30 April 2025, the Charity continued lo work on the key objectives previously identified..
sustainability and growth of the charity and delivery of our Smile Bags project.
Having opened our second retail unit in Accringlon in the previous period, the aim of trustees was lo establish this
as a reliable income source, in much the same way that the Prestwich shop is, for the charity.
Whilst conditions were challenging, largely due lo matters outside of the control of the Iruslees, both shops continue
to bring in funds and raise awareness of the charity.
The Accrington unit was a¢quired on the basis that the local high street had good levels of footfall. However,
various high street shops closed during the period, meaning that the shop wasn't as lucrative as we had initially
assessed it might be. Consequently, trustees adjusted focus to lowering costs as well as other ways to promote
footfall to the shop. This has improved over the last few months and will be reflected in the accounts for the period
to 30 April 2026. The Prestw"ch shop continues lo deliver a strong performance.
The Smile Bag project continues lo be immensely popular with stakeholders and 3, parties, and most importantly,
the children they are provided to. They continue to be a pleasure to prepare and are an absolute key focus of the
charity
During the year to 30 April 2025, Smile Bags were mainly provided to children beginning their cancer treatment at a
number of UK children's hospitals, including the Royal Manchester Children's Hospital, Alder Hey Children's
Hospital and other oncology units across the UK. The bags let the children know that they are important and cared
for during this lime. Grants continued to be sought to cover the costs of preparing the bags.
Owing lo the challenges faced in rèlation to the opening of the Accrington retail unit, Iruslees tumed their focus to
other ways of raising funds for the charity. Grant applications continue lo be made, bul competition for receipt of
these is often fierce. Trustees also worked to develop a business plan for delivery lo potential corporate supporters
seeking lo enhance their own ESG policies. and a list of targets were identified to enable us to present this and
drum up support. This action came towards the end of this financial year, and outcomes are reflected in the year to
30 April 2026.
The annual P￿arna Appeal ran during the year and continue to Teceive solid support. During thè year lo 30 April
2025 1,400 pairs of pyiamas were received as part of the annual appeal in December 2024 and these were
provided, together with gifts lo children al the Royal Manchester Children's Hospital, Alder Hey Children's Hospital
and other oncology units and hospices. The trustees recognise that the Pyjama Appeal remains lo be very popular.
As with many in the sector, the charity has been affected by fiscal conditions, with a combination of rising costs and
people having less disposable income to spend. We accept that there are challenges in the current fiscal
environment, and we continue to adjust our overheads accordingly.

MADDI'S BUTTERFLIES
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
Finally, we welcomed Nicole Pask who joined the board of trustees in July 2024. Nicole has supported the charity
for many years and is inslrumentsl in drumming up Ioc81 support. She has worked tirelessly over the past few years
in a voluntsry capacity, and trusteès agreed that she would be a f8ntsstlC addition lo the team, as we focus on the
increasing income from different sources. We also said goodbye to Stephen Cumbo, a founding trustee who
resigned this year. Stephen was Maddi's headteacher, and we thank him for his support over the years.
Chalr's flnanclal revlew
We remain extremely grateful for everything our supporters and donors, both locally and nationally, do for Maddi's
Butterfies. We rely so much on the goodwill of our supporters, which in tum enables us lo not only continue to ftjlfil
our objectives, but to also expand our offering to help ease the suffering of as many children undergoing cancer
treatment as we can.
I note that fiscal challenges remain, bul Iruslees and I have endeavoured lo manage the risk of this, which will be
reflected further in the accounts for the year lo 30 April 2026.
Financial review
The total incoming resources on unreslricled funds during the year amounted lo £112,75812024- £122,839).
The total incoming resour￿$ on restricted funds during the year amounted to £2.00012024- £nill.
The total resources expended on unrestricted funds during the year amounted lo £125,82612024- £138,358).
Unrestricted fund balances al the year-end amounted to £34,361 12024- £48,938).
The total resources expended on reslricled funds during the year amounted lo £5,01612024- £7,848).
Restricted ftjnd balan￿$ al the year-end amounted to £nil12024- £1,307).
ReseThes policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be
maintained at a level equivalent to betrmeen three and six months expenditure. The trustees considers that reserves
al this level wll ensure that, in the event of a significant drop in funding, they will be able to continue the charity's
current activities while consideration Is given lo ways in which additional funds may be raised. This level of reserves
has been maintained throughout the year.
Major risks
The trustees have a risk management strategy which comprises..
an annual review of the principal risks and uncertainties that the Charity faces.
the establishment of poliryes, systems and procedures lo miligale those risks identified in the annual
review.
the implementation of procedures designed lo minimise or manage any potential impact on the charity
should these risks materialise.
This work has identified that financial sustainability of the Charity is the major financial risk for the Charity.
structure. governance and management
The charity was registered as a Charitsble Incorporated Organisalion on 10 May 2018.

MADDI'S BUTTERFLIES
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
The trustees who served during the year and up lo the dale of signature of the financial statements were..
H Foster
K Foster
S Cumbo
D Boardman
S Allan (Chairl
M Allan
N Hall
N Pask
(Resigned 28 January 20251
(Resigned 28 January 20251
(Appointed 30 July 20241
Recmitn7ent and appointment of tnjslees
The chair is responsible for the induction of new trustees. The induction provides new Iruslees with an awareness
of their responsibilities, the goveming document and the history and philosophical approach of the charity.
There are currently 6 Iruslees who meet quarterly, either face lo face or via other means. The Irust*s have
assessed the major risks lo which the charity is exposed and are sats'sfied that systems are in place to miligale
exposure to the major risks.
The Trustees. report was approved by the Board of Trustees.
S Allan (Chairl
27 February 2026

MADDI'S BUTTERFLIES
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF MADDI'S BUThERFLIES
I report lo the Iruslees on my examination of the financial slalements of Maddi's BUtte￿leS (the charity) for the year
ended 30 April 2025.
Responsibilities and basis of report
As the Iruslees of the charity you are responsible for the preparation of the financial statements in accordance with
the requirements of the Charities Act 2011 Ilhe 2011 Acll.
I report in respect of my examination of the charity's financial slalements carried out under section 145 of the
Charities Act 2011. In Carrying out my examination I have followed the Directions given by the Charity Commission
under section 14515llbl of the Charities Act 2011.
Independent examln&rfs statement
I have completed my examination. I confirm that no matters have come lo 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 charity as required by section 130 of the Charities Act 2011.
the financial slalements do not accord with those records", or
the financial statements do not Comply wth the applicable requirements cOn￿rning the form and content of
financial statements set OLJt in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the financial statements give a true and fair view, ¥Nhich is not a matter considered as part of
an independent examination.
I have no COn￿rnS and have come across no other matters in connection with the examination lo which attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Peter Atkinson F.C.A.
JS. Accountants and Business Advisors Limited
James House
Yew Tree Way
Warrington
Cheshire
WA3 3JD 2710212026
Date..

MADDI'S BUTTERFLIES
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 APRIL 2025
Unrestrlcted Restrlcted
funds
funds
2025
2025
Total Unrestrlcted Restrlcted
funds
fund$
2024
2024
Total
2025
2024
Notes
Income from:
Donations and legacies
Activities for generating
funds
Investments
11,887
2,000
13,687
17,564
17,564
100,831
240
100,831
240
104,843
432
104,843
432
Totsl Income
112,758
2,000
114,758
122,839
122,839
Expenditure on:
Costs of generating
funds
Charitable activities
121,863
3,763
121.863
8,779
136.308
2,050
136.308
9,898
5,016
7,848
Total expenditure
125,826
5,016
130,642
138,358
7,848
146,206
Net expendlture
112,8681
13,0161
115,8841
115,5191
17,8481
123,3671
Transfers between
funds
11,7091
1,709
Net movement in
funds
114,5771
11,3071
115,8841
115.5191
17,8481
123,3671
Reconciliation of funds-
Fund balances at 1 May 2024
48,938
1,307
50,245
64,457
9,155
73,612
Fund balances at 30 Aprll
2025
34,361
34.361
48.938
1,307
50,245
The statement of financial activities includes all gains and losses recognised in the year. Al income and expenditure
derive from continuing activities.

MADDI'S BUTTERFLIES
BALANCE SHEET
ASAT30APRIL 2025
2025
2024
Notes
Fixed assets
Intangible assets
Tangible assets
11
12
1,296
16,123
1,620
19,127
17,419
20,747
Currgnt assets
Stocks
Debtors
Cash at bank and in hand
13
14
3,500
3,173
15,900
3,500
8,396
24,816
22,573
36,712
Creditots- amounts falling due within
one year
15
15,6311
17,2141
Net current assets
16,942
29,498
Total assets less current liabilitios
34,361
50,245
The funds of the charity
Restricted income funds
Unrestricted funds
18
1,307
48,938
34,381
34,381
50,245
The financial statements were approved by the Iruslees on 27 February 2026
S Allan (Chairl

MADDI'S BUTTERFLIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
Accounting policies
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's goveming document, the
Charities A¢1 2011 and "Accounting and Reporting by Charities." Stslemenl of Recommended Practice
applicable lo Charities preparing their accounts in accordance wth the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191" The charity is a Public
Benefit Entity as defined by FRS 102.
The financial stslemenls are prepared in slerfing, which is the functional curren¢y of the charity. Monetary
amounts in these financial ststements are rounded to the nearest £.
The financial slalements have been prepared under the historical cost convention. The principal accounting
policies adopted are sel out below.
1.2 Golny concern
Al the lime of approving the financial statements, the trustees have a reasonable expectation that the charity
has adequate resources lo continue in operational existen￿ for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting In preparing the financial stslemenls.
1.3 Charltable funds
Unrestricted funds are available for use al the discretion of the trustees in furtherance of their charitable
objedives.
Reslricled funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial slalements.
Endowment funds are subject to specific conditions by donors that the capitsl musl be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entitled to Vc after any performance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance condrtions require deferral of the amount. Income tax recoverable in
relation to donations received under GiftAid or deeds of covenant is recognised at the lime of the donation.
Legacies are recognised on re¢eipt or otherwise rf the Charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
1.5 Expenditure
ReSoUr￿S expended are recognised in the period in whi¢h they are paid and include attributable VAT which
Cannot be recovered.
here resour￿$ expended relate to a specific activity, the cost has been directly allocated to that activity
when the amount is paid.
Support costs have been allocated lo the activities on a basis consistent wth the level of income received on
each activity.

MADDI'S BUTTERFLIES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 APRIL 2025
Accountlng pollcles
Icontlnuedl
1.6 Intsnglble fixed assets other than goodwlll
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured
al cost less accumulated amortisation and accumulated impaimienl losses.
Amortisation is recognised so as lo write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
So￿are
15% per annum on a straight line basis
1.7 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost, nel of depreciation
and any impairment losses.
Tangible fixed assets are stated at cost less depreciation. Depreaation is provided at rates calculated lo write
off the cost less estimatèd residual valuè of each asset over ils expècted useful lifè, as follows."
Fixtures and fittings
150/0 per annum on a reducing balance basis
The gain or IDSS arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.8 Impairment of fixed assets
Al each reporting end dale. the charity reviews the carrying amounts of ils tangible and intangible assets lo
determine whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the
impaimient loss lif anyl.
1.9 Stocks
Stocks are ststed at the lower of cost and eslimaled selling pri￿ less costs to cornplele and sell.
1.10 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held al call wth banks, other short-lerm liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
thin borrowings in current liabilities.
1.11 Flnan¢lal Instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'other Financial Instruments Issues, of FRS 102 to all of ils finanaal inslrumenls.
Financial instruments are recognised in the eharily's balance sheet when the charity becomes party lo the
conlraclual provisions of the inslrumenl.
Financial assets and liabilities are offset. with the net amounts presented in the financial statements. when
there is a legally enfor￿able right to set off the recognised amounts and there is an intention to sellle on a nel
basis or to realise the asset and setue the liability simultaneously.
BosiTC financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured al
transaction price Including transaction costs and are subsequently carried al amorb.sed cost using the effective
interest method unless the arrangement Conslilules a financing Iransaclion, where the transaction is
MeaSu￿d at the present value of the future receipts discounted al a market rale of interest. Financial assets
classified as receivable within one year are not amortised.

MADDI'S BUTTERFLIES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 APRIL 2025
Accountlng pollcles
Icontlnuedl
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or
are sellled, or when the charity transfers the financial asset and substantially all the risks and rewards of
ownership to another enb"ty, or If some significant risks and rewards of ownership are retained bul control of
the asset has transferred lo another party that is able lo sell the asset in Its entirely lo an unrelated third party.
BasiTC financial liabilitses
Basic financial liabilities, including creditors are initially recognised al transaction price unless the
arrangement Conslitules a financing transaction, where the debt instrument is measured al the present value
of the ftjlure payments discounted al a market rate of interest. Financial liabilities Classified as payable within
one year are not amortised.
Trade creditors are obligations lo pay for goods or ServI￿S that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current Iiabililies. Trade creditors are recognised Initially al
transaction price and subsequently measured al amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.12 Employee beneflts
The cost of any unused holiday enlittement is recognised in the period in which the employee's services are
received.
Temination benefits are recognised immediately as an expense when the charity is demonstrably committed
lo lerminale the employment of an employee or to provide lerminalion benefits.
Donations and legacies
Unrestricted Restricted
funds
funds
Total Unrestricted
funds
2025
2025
2025
2024
Donations and gifts
Grants re￿IV2b1e
11,687
11.687
2,000
17,564
2,000
11.687
2,000
13,687
17,564

MADDI'S BUTTERFLIES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 APRIL 2025
Income from activities for generating funds
Unrestricted Unrestricted
funds
funds
2025
2024
Fundraising events
Shop income
423
100,408
104,843
Other trading activities
100,831
104,843
Income from Investments
Unrestricted Unrestricted
funds
funds
2025
2024
Interest receivable
240
432
Expendltur& on costs of generatlng funds
Unrestrlcted Unrestrlcted
funds
funds
2025
2024
Fundraising and publicty
Other fundraising costs
348
216
Trading costs
Operating charity shops
Depreciation and impaimient
Support costs
38,728
3,421
79,366
42,725
1,974
91,393
121,515
136,092
Total costs
121,863
136,308
10-

MADDI'S BUTTERFLIES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 APRIL 2025
Expenditure on charitable activities
Unrestricted Unrestricted
funds
funds
2025
2024
Direct Costs
Depreciation and impaimienl
Gifts provided
Other costs
188
4,828
3,763
188
7,660
2,050
8,779
9,898
Analysis by fund
Unrestricted funds
Restricted funds
3,763
5,016
2,050
7,848
8,779
9,898
Support costs
Support Governance
costs
costs
2025Support costs Govemance
costs
2024
Staff costs
Printing
IT Software
Consultsncy
Accountancy
Legal and professional
75,275
2,463
1,041
75,275
2,463
1,041
78,180
6,935
1,020
40
78,180
6,935
1,020
40
3,394
1,824
587
587
3,394
1,824
78,779
587
79,366
86,175
5,218
91,393
Analysed be￿een
Trading
78,779
587
79,366
86,175
5,218
91,393
Governance costs includes payments lo the accountsnts of £58712024- £1,525) for independent examination
fees.
Net movement In funds
2026
2024
The nel movement in funds is slated after chargingllcredilingl..
Depreciation of owned tangiblè fixed assets
Amortisation of intangible assets
3,285
324
1,892
270

MADDI'S BUTTERFLIES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 APRIL 2025
Trustees
One of the trustees received remuneration during the year of £23,831 12024 - £23,295). None of the trustees
re￿iVed any benefits or expenses from the charty during the year.
10 Employees
The average monthly number of employees during the year was..
2025
Number
2024
Number
Chari(able activities
Management
Total
Employment costs
2025
2024
Intages and salaries
75,275
78,180
There were no employees whose annual remuneration was more than £60,000.
11 Intangible fixed assets
Software
Cost
Al 1 May 2024 and 30 April 2025
2,160
Amortlsatlon and Impalmi&nt
At 1 May 2024
Amortisation charged for the year
540
324
AI 30 April 2025
864
Carrying amount
AI 30 April 2025
1,296
At 30 April 2024
1,620
12-

MADDI'S BUTTERFLIES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 APRIL 2025
12 Tangible fixed assets
Fixtur8s and
fitting5
Cost
At 1 May 2024
Additions
26,561
281
At 30 April 2025
26,842
Depreclatlon and Impalrment
Al 1 May 2024
Depreciation charged in the year
7,434
3,285
AI 30 April 2025
10,719
Carrying amount
AI 30 April 2025
16,123
AI 30 April 2024
19,127
13 Stocks
2025
2024
Gifts and consumables
3,500
3,500
14 Debtors
2025
2024
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
900
2,273
1,367
7,029
3,173
8,396
15 Creditors- amounts falling due within one year
2025
2024
Notes
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
1,249
400
1,751
161
2,070
650
16
4,767
154
1,643
5,631
7,214
13-

MADDI'S BUTTERFLIES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 APRIL 2025
16 Deferred incorne
2025
2024
Other deferred income
400
Deferred income is included in the financial statements as follows..
2025
2024
Deferred income 1$ included ￿rithIn..
Current liabilrf(ies
400
Movements in the year..
Deferred income al 1 May 2024
Resour￿$ deferred in the year
400
Deferred income al 30 April 2025
400
17 Retirement benefit schemes
Defined contribution schemes
The charity operates a defined contribution pension schème for 811 qualifying employees. The assets of the
scheme are held separately from those of the charty in an independently administered fund.
14-

MADDI'S BUTTERFLIES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 APRIL 2025
18 Restricted funds
The income funds of the charity include restricted fvnds comprising the followng unexpended balances of
donations and grants held on trust for specAfic purposes".
At 1 May 2024
Incoming
resources
Resources
expended
Transfers
At 30 April
2025
Funds provided for the
provision of Smile Bags
1.307
2,000
15,0161
1,709
Prnvious yoar:
At 1 May 2023
Incoming
resources
Resources
expended
Transfers
At 30 Aprll
2024
Funds provided for the
provision of Smile Bags
9,155
17,8481
1,307
19 Analysls of net assets between funds
Unrestrl¢ted
funds
2025
Re$trlctsd
funds
202S
Total
2026
At 30 Aprll 2025:
Intangible fixed assets
Tangible assets
Current assetsllliabililiesl
1,296
15,591
17,474
1,296
16,123
16,942
532
15321
34,361
34,361
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 30 Aprll 2024:
Intangible fixed assets
Tangible assets
Current assetsllliabililiesl
1,620
18,407
28,911
1,620
19,127
29,498
720
587
48,938
1,307
50,245
15-

MADDI'S BUTTERFLIES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 APRIL 2025
20 Operating lease commitments
Al the reporting end dale the charity had oulslanding commitments for future rninimum lease payments under
non-cancellable operating leases, which fall due as follows..
2025
2024
Within one year
Between two and five years
In over five years
28,800
89,900
32,500
28,800
115,200
36,000
151.200
180,000
21 Related party transactions
Other than trustees, remuneration as disclosed in note 9 there were no other related paty transactions.
16-