Ch•rlty Y•gl•tr•tlon number 1179901
LEO'S
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

LEO'S
LEGAL AND ADMINISTRATIVE INFORMATION
Trusts
MrA Villis
Mrs P Slorey
Miss M f19rn9y
{AppoSnled 11 January
20241
IAppolnted 11 January
20241
DfA Gupla
Charlty numb*r
1179901
Indop•nd•nt •xamln•r
2e16 Audit s$￿¢&$
Wynyard Park Htsu$e
nyard Avenue
nyard
TS22 5T8
United lQngdom
B•nk•rn
N¥￿e$l Premier Bankin9
123 High Slreel
Stocklon-On-T•ès
United Kingdom
TS1B 1NW

LEO'S
CONTENTS
Pag•
Trustees. ￿pOrt
Indepondenl examine¢s report
Statemenl of finandal activities
Balance sheet
Nolos lo th¢ finanual stalem8nls
7.17

LEO'S
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The TTustee5 present their report and financial slalernents for thè yoar ended 30 Seplembgr 2024.
The financial statèment$ have been prepared in accoidance with the accounting policie$ set oul in note 110 the
financial statements and comply with the charity's governing docurnenl, the Charities Act 2011 and "A¢¢ounling
and Reporting by Charilie5'. Statement of Rècommended Practice applicable to charitie5 preparing thèir accounts
in ac¢ordan¢e with the Finan￿al Rèporting Sl8ndard applicable in the UK and Republic of Ireland IFRS 1021
{effective 1 January 2019)"
Objectives and activill•s
The objective of Leo's CIO, whith is oullirbed in the constitulion ol the CIO dated 12 Septembèr 2018, is the relief
of sickness and the preservation of good health of expe¢t8nl mothers whose baby or babie5 will need noonalal
care.
ofthe charlty
The aims and obpctives are mel by..
11 Promoting eduealion around pretemi and earfy labour, Conditions resulting in neonatal adrnissions, working
wtth obstetric and midwifery slaff to raise 8W8reness and the actions required when pre-térm 18bour is
th￿atened.
21 Support and encouragg ￿$tarch in prfrterm labour, neonatal ¢are and outcomes and the subsequent effect
on the mental he8Mh and welkbeing of parents and families.
31 Seek lo fund appropriate dedicated, antenatal. neonatal care and community services following discharge lo
Compliment and support those provided by Ihe NHS but where su¢h additional services are not ¢urrenly funded
by them such as psychologieal Support. counselling, allied heatth professionals. play thèrapy and play groups
where they can have a direct beneficial and positive eff8et for parents and farnilies.
41 Provide equipment and other items that are not currenmy available from the NHS lo give parents and tsmilies
the additional 5UPPOrt and comfort they need during their neonatal journey, particulady whilst Iheir babies are on
neonatal and transitional Ca￿ unils.
The charity also carries out othgr charitable PUFP05es in line with the 81ms of the organisation al the Trustees
discretion.
Strdts9i¢$ for a¢hieving aims and obl¢¢tiv••
The aims and objectives are mèt by promoting education around pre-terrn and early labour conditions, res￿￿1ng
in neonatal admissions, woiktng with obstetric and midwifery staff lo raise awareness of, and Ihe actions
required, when pre-lemi kqbour is Ihrealened.
The charty supports and encourages resear¢h in pre-lemi labour, neonatal care and OLrtcome$ and the
subsequenl effect on the menlal heallh and welkbtring of parents and families.
The charity will also vndertake any olhar ¢harit8ble activities in line with the aims of the chanty as the trustees
delemiine al their absolute diserètion.
Signlfic*ntActlvitle8
In this financial year, lh& main activili05 Leo's has been inVo￿ed with Is".
The Nath'onal Lottery Neonatal Peer Support Project
BBC Children in Need Child Intervention Project
Leo's Perinatal Servi￿, Commissioned by thè Department for Educations Family Hubs Initiati￿ within
midd￿5brOugh (baby loss and BAME workl and Redcar and Cleveland Ibaby108s1

LEO'S
TRUSTEES, REPORT ICONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Voluntoers
Leo's is supported heav11y by volunteers and was supported through04Jt this financial year by a small bul effective
learn of volunteers who assisted al fundraising evènt5. 11 rnu51 also be noted Ihal many staff members volunteer
their lime outside of working hours to assist the ¢harity and it's aims. The volunteers weTe rèimbursed during the
period for travel expenses relating lo charitable activities. The total amount reimbursed was £nil {2023 £4851.
The Trustees have paid due regard to guidance issued by the Charity CommisS￿n in deciding whal activities the
charity should undertake.
Achievemonts and p*rformance
Throughout Ihis financial year Leo's has made a significanl difference to the thTee 8rms of Its prowsion.
This includes neonaial care and the commissioned seNice5 providing specialist perinatal baby loss and
support for mothers of ethnic minorities or marginalised cornrnunrties within Middlesbrough.
It saw the tearn successfully rèduct PTSD Symptoms in parents who were discharged fr(Im ifs baby loss service,
build key relationships with women of diflerenl ethnicrtia$ in Middlesbrough and ¢onlinue its astounding work
within the neonatal community.
Our neonatal work included providing robust mental heatth support lo parents who needed varying leve15 of care
due to trauma and supptsrting their children with their development. In November 2024 our ntronalal trauma
service dosed and begun winding down in the summer. This was due to lack of funding, but this left a hug8 holè
in the region which now had minimal trauma 5UPPOrt for these familles. We then began working on a new
strategy which has been rolled out in 2025.
It saw us up5kill one of our team as a Nervou5 System Practitioner who is the first of ils kind in the UK and the
only indiwclual working within the neonatal and baby loss space.
Two staff We￿ trained in BTR Rewin and became kn'rth trauma pra¢tilk)ners and the full team bocame NBO
(newborn behavioufal obseNationl trained.
We continued on our rnission lo be informèd by Science, and introducgd neur08ryence and potyvagal theory it)
tha key elements Ihal underpin our work.
11 also saw us bagin a long-lerm relationship wth Tee5side University. We were built into the mmlwifery
curriculum. ready for us lo train student midwives in 2025 in neonatal and baby Ioss care.
Financial review
Al the year end. Ihe charity had an overall surplus of £22,28812023 surplus of £2,419.} During Ihe finan¢i81 year.
the Charity has continued lo Inmmed down ils servi¢e$ lo ensure that it would be able to continuè a5 a going
concern.
It is Ihe policy ol the Charity Ihat unrèstricted funds which have nol beèn designated for a spè¢thc use should be
maintainèd at a level equivalent to between three and six month's èxpendilure. The Trustees considers that
rèservès al this level will ensure that, in the evenl of a significant drop in funding, they will be able lo continue the
chanty's currenl activities while consideialitsn is given to ways in which additional funds may be raised.
Going Concern
Al the balan￿ sheet dalè. the Charity had an overall surplus of £22.288. The charity has reviewod thè current
funding approach and have worked with a local law firm. lo help secure the lOnge￿lY ol the organisation and lo
build a robust suslain8bilrty plan Ihal reduced the reliance on grants and supports long-term growth.
The Trustees have assessed the major risks to which the ¢harity is exposed. and afe satisfied thal systèms are in
place to mitigate exposure to the major risks.

LEO'S
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
StNetur•, govèm•n¢• •nd manag•m•nt
The charity is governed by ils CIO Deed. daled 12 Sfrplember 2018, and under Ihls deed is constituled as a
Choritable Incorporated Organisalion ICIOI.
The Trustees who $eNed during th8 y•ar and up lu the dale of Signature of the financial stat9ments were..
MrA Villis
Mrs A Stewart
Mrs A Hodgson
Mrs P Storey
Miss M Tigrney
Dr A Gupta
IRe$ign&d 25 March 20241
(Rèsigned 25 October 20231
{Appolnled 11 January 20241
{Appotnled 11 January 2024)
The tru￿e?5, report was approved by the Board of Tru¥tee$.
. A.
Truslee
Dated..

LEO'S
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF LEO'S
I report to the Twslees on my examination of the finanaal slalements of Leo's Ith& charity} for the year ended 30
September 2024.
Responsibilities and basls of report
As the Trustees of the charty you are responsible for the pieparalion of the financial statements in accordance with
the requ1￿MentS of the Charitles Act 2011 (the 2011 Acti.
I report in respeci of my examinats.on of the charity's finanaal stslements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 1451511bl ol the 2011 Ad.
Independent examlner's statemgnt
I have ￿mpleted my examination. I confimi that no matters have come lo my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the chanty as required by section 130 of the 2011 Act,. or
the financial slalemenls do not accord with those records.. or
the financial slalements do not comply with the applicable requirements concerning the form and content ol
accounts sel out in thè Charities IAccounls and Reports) Regulations 2008 other than any requirernenl that the
a¢counts give 8 true and fair view which is not a matter considered a5 part of 8n indèpendent examination.
I have no concems and have come auoss no other matt8rs in o)nnection with the examination lo which 8ttention
should be drawn in this report in order to ena￿e a proper understanding of the financial slalements to be reached.
Graham Fitz
erald BA FCA DCP
els Audit Service5
nyard Park House
nyard Avenue
nyard
TS22 5TB
United Kingdom
Dated.. 29 July 2025

LEO'S
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Unr•stri¢tsd Restricted
funds
funds
2024
2024
Totsl
Unrestrictsd RestrSct•d
funds
funds
2023
2023
Total
2024
2023
Not•s
Ine
me from:
Income from
tharitable activrtie5
45.302
207,377
252,679
28,326
139,254
167.580
Ex
gndltur• on:
Expenditure on
charitable actiwties
44,705
188.105
232,810
24.591
139.425
164.016
Net incomlng r•souv¢es
fore transfÈrs
597
19.272
19,889
3,735
Gross transfers
between funds
{5971
597
13.7351
3,735
N•t ineomo for the y8arl
N*t movement In funds
19,869
19,869
3,564
3,564
Fund balanc£s al 1 October
2023
2.419
2,419
11.1451
{1,1451
Fund balances at 30
Septsmber 2024
22,288
22.288
2,419
2,419
The statement of financial activities indLtdes all 9ain$ 8nd105se5 recognised in lh¢ yeaT.
All incorne and expendltuie dèrive from continuing auiviiies.

LEO'S
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
2024
2023
Not••
Flxed a•••ts
Tan9ibl& assets
2.859
3,708
Curr•nt **#•ts
Deblcrs
Cash at bank and in hand
10
357
29.941
2,376
44.093
30,298
46.469
Creditorn: amounts falllng du• wlthln
on• y•ar
11
110,8691
147.7581
N•1 cuThent asselsllliabiliti'esl
19.629
{1,2891
Tr*tal as8•ts l••* currnnt Ilab511tl*1
22,288
2,419
Incom• fund$
Restrictéd funds
Unr8$tricted fvnds
13
22,288
2.419
22.288
2,419
The financial slalemènls wera approved by the Trustees on .
I,vrLLfS
Mr A Villis
Tru¥t¢?

LEO'S
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accounting politi•$
Charlty information
Leo's is a charitable in¢orpofaled organisation registered in England and Wales. The registered office is 8 Hall
Wood Clos8, Yarm, Sltsckton On Tees, TS15 9FR.
1.1 A¢¢ounting Conventlon
The financtal statements have been pfepareil in accordance w¢th the cha¥ity's governing document, the
Charities Ad 2011 and "Accounting and Reporting by Charilies.. Statèment of Recommended Pracliee
applieable lo charities Preparing thèir accounts in accordance with the Financial Rèporting Standard
applicable in ihe UK and Republic of Ireland IFRS 1021 l&fftsctNe 1 January 20191.. The charty 1$ a Public
Benefrt Entity as defined by FRS 102.
The charity has taken advantage ol thè pr¢￿S1onS in the SORP for ¢haritie5 applying FRS 102 Up¢Jale
Bulletin 1 lo prepare a Statemènt of Cash Flows.
The financial statemènts a￿ prepared in sterfing, which is the functional currency of the chanty. Monetary
amounts in thesè finanrial slatemenls are roundod lo the nearest £.
The financial slalements havè b&en prepared under the histoiical cost convention. The princApal accounting
policies adopted ale sel out beltsw.
1.2 Golng eon¢•rn
At the balance sheet dale, the charity had a $urplus 01 £22,288 12023 surplus of £2,419). We draw your
attention lo the financial revtew on pa9è two of the trustees report. Al the lirne of approving the finanaal
stalernenls, the Tfuslees havè a reasonab￿ expectation that the Chafty has adequatè resourc£s lo continue
in operational existence for the foreseeable fulure. Thus the Twslees continue to adopt the 90ing Concern
b8si5 of accounting in p￿ParIng the finanrAal slatgmènts.
1.3 Ch•ritable funds
Unrestricted funds are available for use al the discretion of th& Trustees in furtherance of their charitable
objectives.
Rèslrided funds are subject to specific conditions by donors as to hiiw they may be used. The purposes and
uses of the restricted fvnds are set out in the notes to the financial slalements.
Endowrnent funds are subject to speciffic conditions by donors that the capital musl be maintained by the
c*arily.
1.4 Incoming r•sourc•s
Income is recognised when the charity 1$ legally entitled to rt after any performance condition$ have been mèt.
the amounts can be measured rèliably, and il Is probable that income wTrll be re￿iVed.
Cash donations are recognised on rèceipt. Other donations are recognisgd once the charty has been notified
of the donation, unless perfom)3nce conditions require deferral ol the amount. Incoma lax recoverabl&
relation to donations received under Gbft Aid or deeds of covenant is re￿gnIsed at the time of the donatKJn.
Lega&e8 are recognised on receipt or otherwise rf the charty has been notified of an impending distribution,
the amount is known, and receipt 15 expected. If the amount Is nol knLwrfn, the legacy is treated as a
contingent asset.

LEO'S
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accounting policies
(Continuedl
1.5 Resources expended
Expenditu￿ 15 recognised once the￿ is a leyal or Constructive obligalion to translèr economic bènèfit to ¥
third party, il is probable that a transfer of econofftic benefi15 will be required in sèttlement. and the amount of
the obligation can be measured reliably.
Expendrture is classffjied by adjvty. The costs ol each activty are made up of the lolal of ￿1￿ct costs and
shared costs, including support costs invofved in undertaking each activity. Direct costs attributable to a single
actiwty are alk)¢aled di¥ectty lo Ihal activity. Shared costs which wnlribute to more than one activity an
SUPPOrt cost5 which are not att￿bUtab[e to a single actiwty are apportioned beMeen ihose aclivrties on a basis
consistent with the use of resources. Central staff cost5 are allocated on the basis of time Spent. and
depreciation Gharges are allocated on the portion of the asset's use.
Expenditure is accountèd lor on an accruals basis and has been clas$ffied under headings that aggregate all
cost relating to that category. ￿ere costs cannot be directly altributed lo particular headings they have been
allocated lo activitiès on a basis con51Stent with the use of resources.
1.6 Tangibl• fixèd ass•ts
Tangible fixed assets are inrtially measured at ￿)st and subsequently measured al cost or valuation. net of
depreciation and any impairmenl10s5es.
Depreciation is ra¢ogn15ed so as to wnle off the cost or valuation of assets less their residual values over their
usèful lives on Ihe following bases..
Playgroup equTpmenl
IT equipment
15/4 Strai9ht linè
33°A straighl line
The gain or loss arising on the disposal of an asset is determined as the difference between the Sale
proceeds and Ihe Carrying value of the asset. and is recognised in the statement ol financial activities.
1.7 Cash and cash •qulvaknts
Cash and cash equivalènts in¢lude cash in hand, dep05ils held at call with banks, other short-term liquid
investments wrth original maturities of three months Of less, and bank overdrafts. Bank overdrafts are shown
within borrowings in currenl liabilities.
1.8 Financial instruments
The Gharily has elected lo apply the provisions of Section 11 'Basic Financial Instruments. and Section 12
'other Financial Instruments Issues, ol FRS 102 to all of ils financial instruments.
Financial instruments are iecogni5ed in the charity's balance sheet when the ¢harity becomes party lo the
contractual provisions of the inslrumenl.
Financial assets and liabilities are offset. with the net amounts presènted in the financial slalements. when
there is a lègally enforceable right lo set off the recognised amount5 and there is an intention lo seltle on a
nel ba$1$ or lo realise the asset and seltle th8 liability simultaneously.
Baslc financlal ass•ts
Ba51¢ finanrial 35sets. which include debtors and ¢ash and bank balances, are initially measurèd al
transaction including transacts'on cost$ and are $ub$equenlly carr￿d at amortised c4)sl using the
effective interest method unless the arrangement constitutes 8 financing transaction, where the transaction is
measured 8t the presenl value of the fiAure receipts discounted at a market rate of inteiesl. Financial assets
classified as receivable wilhin one year arè not arnortised.

LEO'S
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
A¢¢ounling policies
IContlnu•dl
8451¢ financial liabiliti•s
Basic financial liabilities, including crèditors and bank loan5 are initially recognised at Iransaetion price unless
the arrangernenl Constitutes a finan¢ing transaction, where the debt instrument 15 measU￿d al the present
value of the fulure payments discounted 318 market rate of inler6sl. Financial liabilities elassified as payable
within one year are not amortised.
Debt instruments are subsequently carr￿d at amortised eosl. using Ihe effective intèrè$l rale method.
Trgde credilors are obligalSons to pay for goods or seNices that have be&n acquire¢J in thè ordinary course ol
operations from suppliers. Amounts payable are classified as current liabilitie5 il payment Is due within one
year or less. 11 not, they are piesenled as non-current liabilities. Trade Creditors are recogni5ed in￿allY at
Iransaclion price and subsequently measured at amortised cost using the eftective interest method.
D•rwgnltlon of financlalliabilllles
Financial liabihlies a￿ derecognised when the Chari￿$ ¢onlr8ctual obligations expire or are discharged or
cancellad.
1.9 Employee beneftts
The ¢051 of any unused holiday gnt+Uement is recognised in the period in which the employee's services are
received.
Teminats'on benefits are recognised immèdi*ely as an expense when the charity is demonstrably committed
to lerminale Ihe employmenl of an employee or to provide lerminatKJn ben8fits.
1.10 Retlremenl ￿n•fits
Payments lo defined contribulion ￿t1￿ment benefrt schemes are charged as an expense as they fall due.
Critical accountlng *slim4te¥ and judgements
In the appli¢8thon of the charrty's aecounling policie5, the Trustees arè required lo make judgement$,
estiTn8les and assumptions about the carrying amount of assets and liabilities that are not readily appa￿nt
other Sources. The estimates and associated ass¢Jmptions are based on historical experience and other
fadors that are conside￿d to be relevant. Actual iosults may dillei frDm the5E estitnate5.
The e$limales and undertying assumptions a￿ reviewed on an ongoing basis. Revisions to accounting
eslimales are iecognised in thè pèriod in which the eslirnate is revised where the revision 8ffectg only that
period. or in the period of the rew&'on and lulure periods where the remsion affects both current and future
periods.

LEO'S
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Income from GharSlabl• a¢Jvltl
2024
2023
Donations
Grants
26,280
226.399
28,326
139.254
252.679
167,$80
Analysis by lund
Unrestricled fvnd5
Restricted fvnds
45,302
207.377
28,320
139,254
252,879
167.580
For th• y•ar •nd•d 30 S•pt•rn￿r 2023
Unrestri¢ted funds
Restricted funds
28,326
139,254
167.580
10

LEO'S
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Expenditurè on eh¥ritable activities
2024
2023
Staff costs
Depreciation and impairment
Charity choekout charges
Fundraising and evenls
Ward support
Counselling and community svpport
Subscriptions
Travel costs
Repairs and maintenance
Insurance
HI￿ ol p￿rnIses
Sundry
Advertising
119,454
1,507
318
13.560
92.189
1.658
603
1,454
40
27,752
611
485
51,420
3,303
818
33
2,032
2,070
792
545
1,462
7,269
859
195.852
134,668
Share of support ctssls (see note 51
Share of govemance costs (see note 5}
23.873
13.085
15,955
13,393
232.810
164.076
Analysls by fund
Unreslricled funds
Reslrtcted funds
44,705
188,105
24.591
139,425
232.810
164,018
11

LEO'S
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Support costs
Support Governance
¢o$ts
costs
2024
2023
Print, postage and stationery
Computer expenses
Rènt
Staff training
Bank charges
PAYE intèrèst
727
5,367
5,119
12,218
325
123
721
5,367
5,119
12.218
325
123
570
3.350
4,871
6,942
222
Legal and pfolessional
AccoLtnlancy
8,697
4,388
8,897
4,388
9,622
3.771
23,873
13,085
38,958
29,348
Analysed be￿een
Charitable activities
23,873
13.085
36,958
29.348
None ol the Trustees lor any pèrsons connected with theml re¢eived any remuneration or benefits from the
chanty during the year12023.' Nil).
Empltsy••ts
The average monthly number of employees during the year was.
2024
Numbor
2023
Number
Employm•nt eosts
2024
2023
Wages and salaries
Social security costs
Other pension costs
114.838
2,349
2,267
89.486
1,455
1,248
119.454
92,189
There were no employees whose annual remuneration was more than £60,000.
Taxotion
The charity 15 exempl from tax on income and gains falling wilhin section 505 of the Taxes Act 1988 or section
252 of the Taxationof Chargeable Gains Act 1992 to the extent that these afe applied to ils chaiitsble objects.
12-

LEO'S
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Tangible fixed assets
Playgroup IT•qulpmont
equSpmoirt
Cost
Al 1 October 2023
Additions
5,702
4,474
458
10.176
458
AI 30 September 2024
5,702
4,932
10,634
D*pr¢clatlon and impaSrn)ent
Al 1 October 2023
Depreciation chargod in the year
2,837
B55
3,631
652
6,468
1,507
At 30 Stsplember 2024
3,692
4,283
7.975
Carylng amount
AI 30 September 2024
2.010
2,659
AI 30 September 2023
2,865
3.708
10 Debtors
2024
2023
Amounts f•lling due with5n on• y•ar:
Accrued income
Other debtors
Prepayments
2,000
19
357
357
357
2,376
11 Cr•d[to￿. amounts falling due within ono y••r
2024
2023
Notes
Othe¥ tsx81ion and social 5ecurty
Deferred income
Trade creditors
Other creditors
Accruals
5.125
8,943
34,176
12
2.102
504
2,938
324
2.771
10.669
47.758
13

LEO'S
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 30 SEPTEMBER 2024
12 D•f•rr•d In¢om•
2024
2023
Arisln9 from Grants raeeived
34,178
Deferred income 1$ induded in Ihg financial Statements as follows..
2024
2023
Deferred incom8 1$ induded wllhin..
Cuffenl liabilitiè6
34,176
Movamenls in the year..
Deferred incom8 at 1 O¢lober 2023
Released from previous perioiJ8
Resources dèlerred in the year
34,178
134,1761
21,840
12.336
Deferred income al 30 September 2024
34,178
14-

fnin

LEO'S
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
14 Analy818 of net a•*•ts b•t*wn fund•
Unrestrfct•d R•$trletod
fund•
fund•
2024
2024
Total Unr•strlci•d R•¥trl¢t•d
fund$
lunds
2023
2023
ToLg1
1024
2023
Funfl balances at 30
Seplernber 2024 are
represented by..
Tangible assets
CU￿ent as$etsl{li8bililitsl
2,659
19,829
2.659
19,629
3.708
{1.289}
3,708
{1.2891
22.288
22,288
2,419
2,419
15 R•lat•d paty tr•nu¢tloni
There were no relatsd party Iran$a¢tions during the period.
17