NNECLI
National Network For the
Education of Care Leavers
NNECL
ANNUAL REPORT &
ACCOUNTS
2023-24
1 August 2023 - 31 Jul 2024
Prepared by
AJC Accountancy
www.nnecl.com
Charity Registration No. 1180793
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS CIO**
## **Accounts**
## **FOR THE YEAR ENDED 31 JULY 2024**
2
**NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **Report and accounts**
## **Contents**
||**Page**|
|---|---|
|Information|4|
|Trustees' Report|5 -11|
|Independent Examiner's Report|12|
|Statement of Financial Activities|13|
|Balance sheet|14|
|Notes to the Financial Statements|15 - 21|
3
**NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **Legal and Administrative Information**
## **Trustees**
Mx AAJ Pile – Co-Chair Dr R Carr Mr Jonathan Wakeford - Co-Chair Ms S Sabapathy Dr N Harrison Ms N Turner Ms E Watson – Treasurer Mr M Hill Mr A Benvie
## **NNECL Director**
Ms P Ambrose until July 2023 Ms D Rawls from October 2023
## **Accountant and Independent Examiner**
Alison Cook FCA AJC Accountancy Unit 40, Thrales End Business Centre Thrales End Lane Harpenden Herts AL5 3NS
## **Registered office**
The Clarence Centre for Enterprise and Innovation 6 St Georges Circus Elephant and Castle London SE1 6FE
## **Charity Number**
1180793
4
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **Trustees' Report**
The trustees present their report and financial statements for the year ended 31st July 2024.
We are grateful to Sian Edwards for expertly transitioning the organisation after the departure of Patricia Ambrose who stood down at the end of July 2023. We welcomed our new Executive Director, Denise Rawls, in October 2023 to lead NNECL to new heights and successfully deliver the next steps of NNECL’s growth.
The trustees present their report and audited financial statements for the twelve months ended 31 July 2024. The financial statement has been prepared in accordance with the accounting policies set out in our Charity’s Memorandum and Articles of Association, applicable law and the requirements of the Statement of Recommended Practice Accounting and Reporting by Charities, Charities SORP (FRS102).
The National Network for the Education of Care Leavers was registered with the Charities Commission on 22 November 2018.
## **Structure, governance and management**
The Board of Trustees met on four occasions in 2023/24 and continued to operate effectively and in line with its Terms of Reference. In addition, the Co-Chairs meet weekly with the Executive Director as part of their remit to focus on finance, audit and risk, human resources and staff wellbeing and programmes and activity. These meetings are an opportunity to also focus on key areas of organisational risk, strategy and assurance. Trustees are recruited by the Board of Trustees. The selection is based on integrity and specific expertise required by the charity.
The Co-Chairs and the Executive Director are responsible for the trustee induction process. New trustees are provided with induction materials and induction sessions take place with the ED. Trustees receive continuous engagement with relevant staff on governance matters and are offered training opportunities to enhance their skills and effectiveness. Trustees serve for a maximum of three terms, with each term consisting of three years.
Our Board of Trustees continues to embrace the Charity Governance Code and review the charities policy and practice against it aligned to the Charity Commission guidelines.
## **Organisational structure and staffing**
The trustees are responsible for setting the strategic direction and policies of the organisation. Our Executive Director reports to the Board of Trustees and is responsible for the day-to-day management of NNECL and the implementation of strategy and policies. The NNECL team report directly to the Executive Director.
## **Key management remuneration policy**
5
The trustees consider our Board of Trustees and our ED as comprising the key management personnel of the charity, in charge of directing, controlling, running and operating the charity on a day-to-day basis. The trustees receive no remuneration.
## **Objectives and activities**
## **Vision**
Our vision is a nation where learners with care experience are empowered and supported to achieve their full educational potential.
## **Mission**
Our mission is to create educational environments where people with care experience thrive.
## **Charitable objectives**
The object of the charity is to transform the progression of young people with care backgrounds into and through further and higher education, including higher apprenticeships, so they can reach their full potential.
Since 2018, NNECL has supported, connected, inspired, and empowered a national community of 800 professionals and organisations who share our ambition: for more care experienced young people to consider, access, and thrive through further and higher education, into fulfilling careers which will sustain them for life.
## **Public Benefit**
The trustees confirm that they have complied with the requirements of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefit. The organisations activities, which include a quality assurance programme, consultancy, training, research and sector leadership all provide public benefits. Public benefit is also demonstrated throughout this report.
## **Our work**
It is widely recognised that young people with experience of being in care achieve lower educational outcomes than their peers without care experience. We believe all young people should have the opportunity to start adulthood with a good education, leading them to a good career which will sustain them for life. With data telling us 14% of care leavers enter post16 education by the age of 19, three times less than their peers, our work supports, connects, inspires and empowers our community, with whom we share our overarching ambition, for more young people with care experience to consider, access and flourish through further and higher education into fulfilling careers and financially secure lives.
## **Our strategic objectives focus our work;**
6
## **Our values shape our organisation and everything we do.**
**This year’s impact**
7
✓
**2023/24 was a year of many great achievements**
In January 2023 we launched our Student Voice Network to give students with care backgrounds the opportunity to comment on and feed into our work. The online space has continued to grow with young people welcoming the dedicated space to discuss emerging themes and share their own experiences in a safe space.
✓
We introduced a new logo, brand colours and completed a website refresh to increase to support our work increasing the visibility of our organisation. We are grateful to the volunteers who worked with us to design the new logo, bringing a fresh new feel to the organisation. To be ready for growth we undertook a review of our IT security and online capacity and reached the decision that we would invest in our digital landscape and readiness for the future. We are confident the team are now in the best place to work well remotely with the necessary digital security to safeguard the organisation from external online risks.
✓
Stand Alone, the charity focused on supporting estranged young people, sadly closed in March 2024. This left a gap in where learners could access information about the support available to them when studying post 16. NNECL trustees unanimously agreed to weave the estranged experience into the Quality Mark framework and to incorporate supporting estranged students into the work of the charity as the experience intersects closely with those from a formal care background.
✓
In March 2024 we moved our registered address to The Clarence Centre for Innovation and Enterprise at London South Bank University. We took the decision to become a remote first organisation with the team coming together monthly at the university’s workspace to build cross-team relationships as well as relationships within the community in Southwark.
✓
To keep up with rising costs and maintain our income levels we agreed to increase both the costs of membership and of doing the NNECL Quality Mark, the increased costs came into effect in April 2024.
✓
- We hosted three member roundtables to inform our 2024 – 2027 strategic strategy
- We have created a new Programme Manager role to better support the growth of our Quality Mark
✓
- We increased our capacity with the addition by creating a new Operations and Communications Role
- We were invited to speak at numerous events across the year including the Voices of Care Experienced People’s conference at Brunel University, HE 4 Me at Birmingham University and the Higher Education and Advisors and Teachers (HEAT) Conference, Newcastle University.
## **NNECL Quality Mark**
NNECL Quality Marks are awarded for three years, the first cohort coming to an end in June
8
2024. We ensured our capacity was sufficient to support and encourage reaccreditation for those members as well as increase the number of institutions being awarded the accreditation. Across the year 6, new Quality Mark awards were made.
Alongside new awards and renewals and following a successful pilot, we worked with the Greater Manchester Combined Authority to develop an initiative which will see all the post16 education spaces in the region the Quality Mark by 2027. The first cohort will begin their accreditation in October 2024.
## **NNECL Annual Conference – Learning Together**
De Monfort University generously hosted our Annual Conference in March 2024. We were joined in Leicester by 137 delegates enthusiastic to deepen their learning on supporting learners with care experience, estranged or sanctuary seeking backgrounds. The event was opened by Ryan Henson, Social Mobility Commissioner and featured presentations from Ellie Rowley (UCAS), the Verbatim Formula, Zara Clench (University of Sunderland) and Dr Zoe Baker (University of York). Our intention is that our next annual conference will take place in London on 10 November 2025.
## **Road to policy change**
NNECL held discussions with the Department for Education to address their proposal of an accreditation scheme for universities to drive up standards for young people with care backgrounds. An unintended consequence of this publicly announced consideration was that NNECL membership and Quality Mark enquires slowed. Institutions told us not knowing if the DfE scheme would be mandatory or how and it would complement NNECL’s work was creating a barrier to them joining NNECL. DfE agreed the slowing of NNECL membership was an unintended consequence and that much of the feedback they had received during their discussions with stakeholders was that NNECL were considered to be the experts in this space and should be involved in any proposal they brought forward. A General Election was called before the Ministerial team could inform the sector, they would not be bringing forward an alternative quality assurance programme.
9
## **Webinars 1 August 2023 – 31 July 2024**
Over the year around 300 people attended our termly webinars curated for members and the wider sector.
- + Supporting students who take a break from their course
- + What should policy makers prioritise for learners with care experience
- + Taking care of yourself so you can take care of others
- + Working in the Civil Service (Care Leavers Internship)
## **Volunteers**
NNECL values the contribution made by volunteers who actively participate in our work through the National Strategy Group and our network of regional representatives and groups. This year we are particularly grateful to the volunteers who supported us with graphic design and increasing our social media visibility.
## **Financial Review**
We are grateful to the Esmee Fairbairn Foundation for their continued support through a three-year grant, to 2025/26 to support with core costs as we continue to develop our long-term strategic objectives and financial stability. We will announce our 2024 – 2027 strategic objectives early in our next operational year.
## **Reserves 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 four months’ expenditure (approximately £27,150 in 2023/24). The trustees consider that reserves at this level will 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 to ways in which additional funds may be raised. The reserves policy will be reviewed as part of the strategic review undertaken by the incoming Executive Director.
## **Current free reserves**
Free reserves on 31 July 2024 were £25,101.
10
## **Risks**
NNECL maintains a risk register which is regularly updated and reviewed at Board meetings. The Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure.
NNECL Treasurer - Emma Watson
NNECL Co-Chair – Jon Wakeford
11
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF THE NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
I report to the trustees on my examination of the financial statements of National Network for the Education of care Leavers (the charity) for the year ended 31 July 2024.
## **Responsibilities and basis of report**
I report in respect of my examination of the charity's financial statements 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 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Your attention is drawn to the fact that the charity has prepared statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but which has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for accounting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I 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 financial statements to be reached.
Alison Cook FCA Chartered Accountant
Unit 40 Thales End Business Centre Thrales End Lane Harpenden Herts AL5 3NS
> 17 April 2025
12
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS Statement of financial activities**
## **including income and expenditure account for the year ended 31 July 2024**
|**Income and endowments from:**
Donations and legacies
3
Charitable activities
4
Other income
5
Total income
**Expenditure on:**
Raising funds
6
Charitable activities
7
Total resources
Net income / (expenditure)
for the year/
Net movement in funds
Opening fund balances
**Closing fund balances**|Unrestricted
Funds
Restricted
funds
**Total**
2024
2024
2024
81,264
-
81,264
3,000
3,000
20,607
-
20,607
104,871
-
104,871
100
0
100
81,344
-
81,344
81,444
-
81,444
23,427
-
23,427
1,674
22,125
23,799
25,101
22,125
47,226|Unrestricted
funds
Restricted
funds
Total
2023
2023
2023
36,708
350
37,058
3,489
3,489
10,172
10,172|
|---|---|---|
|||50,369
350
50,719|
|||490
490
86,380
2,435
88,815|
|||86,870
2,435
89,305|
|||-36,501
-2,805
-38,586
38,175
24,210
62,385|
|||1,674
22,125
23,799|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derives from continuing activities.
13
**NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **Balance Sheet**
## **as at 31 July 2024**
|**Fixed assets**
**Notes**
Tangible assets
11
**Current assets**
Debtors
12
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
13
**Net current assets**
**Net assets**
**Income Funds**
Restricted Funds
Unrestricted Funds|410
64,983|**2024**
**£**
126
47,100
47,226
22,125
25,101
47,226|410
42,549|**2023**
**£**
-
23,799|
|---|---|---|---|---|
||
65,393
(18,294)||
42,959
(19,160)||
||||||
|||||23,799|
|||||
22,125
1,674|
|||||23,799|
Trustee Approved by the Trustees on 17 April 2025
14
**NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS Notes to the Accounts for the year ended 31 July 2024**
## **1 Accounting policies**
## **Charity Information**
National Network for the Education of Care Leavers is a Charitable Incorporated Organisation.
## **Accounting convention**
The financial statements have been prepared in accordance 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS102.
The charity has taken advantage of the provision in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice, which is referred to in the Regulations, but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal policies adopted are set out below.
## _**Going concern**_
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## _**Charitable funds**_
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## _**Income**_
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that the income will be received.
15
**NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS Notes to the Accounts for the year ended 31 July 2024 (cont.)**
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if 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.
## _**Expenditure**_
A liability is recognised when either a constructive or legal obligation is identified. Central costs are apportioned between costs of generating funds and charitable activities on the basis of the specific activities of members of staff. Irrecoverable VAT is allocated to the same expenditure heading as the cost to which it relates. Basic financial liabilities are recognised at transaction cost.
## _**Tangible fixed assets**_
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and equipment
over 3 years
## _**Impairment of fixed assets**_
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to 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 impairment loss (if any).
## _**Cash and cash equivalents**_
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## _**Financial 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 its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
16
**NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS Notes to the Accounts for the year ended 31 July 2024 (cont.)**
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measure at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services 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 liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Employee benefits**_
The cost of any unused holiday entitlement is recognised in the period in which the employees’ services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## _**Retirement benefits**_
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods here the revision affects both current and future periods.
17
|**3**
**4**
**5**|**Donations and legacies**
Donations and gifts
Grants receivable
Donations
Membership fees
Less: deferred income
Donations and gifts
Grants receivable
Membership fees
Less: deferred income
**Grants receivable for core activities**
Esmee Fairbairn Foundation
Esmee Fairbairn training (restricted)
**Charitable activities - income**
Quality Mark Fees
**Other Income**
Conference & Webinar Income
Other income|
|Unrestricted
funds
2024
£
41,000
5,000
52,045
-16,781
81,264
Unrestricted
funds
2023
£
-
54,414
-17,706
36,708
**Unrestricted**
**funds**
**2024**
**£**
20,399
208
20,607|||Restricted
funds
2024
£
-
-
Restricted
funds
2023
£
350
350
**2024**
**£**
41,000
-
**-**
41,000
**2024**
**£**
3,000
3,000
**Restricted**
**funds**
**2024**
**£**
-
0
-|**Total**
2024
£
41,000
5,000
52,045
-16,781
81,264
Total
2023
£
350
54,414
-17,706
37,058
2023
£
-
-
350
350
2023
£
3,489
3,489
2023
£
9,716
456
10,172|
|---|---|---|---|---|---|---|---|
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
18
|**6**
**7**
**8**|**Raising funds**
Fundraising and publicity
Other fundraising costs
**Charitable activities - expenditure**
Staff costs
Depreciation
Consultancy costs
Conference costs
Website and internet costs
Printing, postage and stationery
Telephone
Other staff costs
Quality Mark expenditure
Quality Mark expenditure (restricted)
Sundry expenses
Share of support costs (see note 8)
Share of governance costs (see note 8)
**Analysis by fund**
Unrestricted funds
Restricted funds
**Support costs**
Support
Insurance
Subscriptions
Governance
Independent Examiner fees
Trustee travel
Bank charges||**Unrestricted**
**funds**
**2024**
**£**
100
100
**2024**
**£**
67,588
63
300
1,702
3,734
-
213
2,938
1,600
-
200
78,338
1,806
1,200
81,344
81,344
-
81,344
**2024**
**£**
907
899
1,806
1,140
-
60
1,200||2023
£
490
490
2023
£
70,460
-
5,727
1,501
117
213
1,185
3,800
2,435
200|
|---|---|---|---|---|---|
|||||||
|||||||
||||||85,638
1,474
1,704|
||||||88,816|
||||||86,381
2,435|
||||||88,816|
||||||2023
£
768
706|
||||||1,474|
||||||1,170
474
60|
||||||1,704|
19
**9 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
|**10**
**Employees**
Average monthly number of employees during the year was:
**Employment costs**
Wages and salaries
Pension costs|**2024**
**Number**
2
**2024**
**£**
63,945
3,644
67,589||2023
Number
2|
|---|---|---|---|
||||2023
£
65,730
4,729|
||||70,459|
## **11 Tangible fixed assets**
|**Cost**
At 1 August 2023
Purchases
At 31 July 2024
**Depreciation**
At 1 August 2023
Charge for the year
At 31 July 2024
**Net book value**
At 31 July 2024
At 31 July 2023
**12**
**Debtors**
Other debtors
**13**
**Creditors: amounts falling due within one year**
Deferred income
Accruals|**2024**
**£**
410
410
**2024**
**£**
16,781
1,513
18,294|**Plant and**
**machinery**
**etc**
**£**
0
189|
|---|---|---|
|||189|
|||-
63|
|||63|
|||126|
|||-|
|||2023
£
410|
|||410|
|||2023
£
17,706
-|
|||17,706|
20
|**14**
**Deferred income**
Other deferred income
**15**
**Analysis of net assets between funds**
Fund balances at 31 July 2024
are represented by:
Tangible Assets
Current assets / (liabilities)
Fund balances at 31 July 2023
are represented by:
Tangible Assets
Current assets / (liabilities)|Unrestricted
funds
**2024**
**£**
126
24,975
25,101
Unrestricted
funds
2023
£
-
1,674
1,674|**2024**
**£**
16,871
Restricted
funds
**2024**
**£**
-
22,125
22,125
Restricted
funds
2023
£
22,125
22,125||2023
£
17,706|
|---|---|---|---|---|
|||||Total
**2024**
**£**
-
126
47,100|
|||||47,226|
|||||Total
2023
£
-
23,799|
|||||23,799|
## **16 Related party transactions**
No trustees received reimbursement of travel and subsistence expenses (2023: Nil)
21