Annual Report and Accounts
The Helen Loewenstein Memorial Trust
The year ending 31st March 2025
(Charity number 1181595)
Page
2-13
14
15-17
Contents
Trustees, annual report
Independent examinerfs report
Receipts & payments account &
Statement of assets & liabilities
Hden Loe•en5t•n MemtyrdlTru5¢-Annual ￿21 to Mar¢h 2025
Pa8e I

The Helen Loewenstein Memorial Trust
Trustees, Annual Report
for the year ended 31 March 2024
Full name The Helen Loewenstein Memorial Trust
Oryanlsatlon Type Charitable Incorporated Or8ani5ation
Reglstered charlty number 1181595
Prlnclpal address
22 Larwood Grove
Nottingham
NG5 3JD
Trustees
Carol Susan Mccormick
Celia Jane Knight
Charmaine Melissa Daley (until 22 05 20241
Esther Draycott
George Arthur Mayor luntS110 09 20241
Helen Janiszewski (from 20 1120241
Jessica Frnnces Viner (from 20 1120241
Joseph Harvey Goodman, (Treasurer)
Lorna Rosemary Somersall (from 20 1120241
Michael Jame5 Cottle (until 14 1120241
Nicholas Robert Loewenstein
Peter Loewenstein, ICh8irpersonl
Philippa Mary MacKeith
stella Alys louise Nickolay
Zanele Ndhlcvu
Independent examlner
David Sadler, Chartered Accountant, Woodborou8h. Nottin8hamshlre
Governance and management
The charity is operated under the rules of its constitution adopted 16 012019. When appointing new trustees,
crlteria are set by current trustees and, on that basis, known people are canvassed and interviewed if interested.
ObJectl¥es and actlvltles
The object of the CIO is the advancement of education, for the public benefit, in particular but not exclusively,
by makin8 8rant5 to student midwives in Liberia who would not othenyise have sufficient fund5 to undertake
their training to become qualified midwives.
Publlc benellt statement
The trustee5 confirm that they have complied with the duty in section 17 of the Charities Att 2011 to have due
regard to the Charity Commission's general guidance on public benefit, 'ChaTlties and Public Benefit,.
n*Hden Lorwen5tan Mettyial Ttu#-Annu* Rep(rtardAccgurtsWd 2024to Marth2025
Page 2

A positive year of achievement for HLMT
The Helen Loewenstein Memorial Trust IHLMT) and its supporters have had a busy and productive year in
2024-2025:
On 31 May 2024 the first two HLMT-sponsored students, Aminata Sumanle and Suah Valai, graduated
from their four-year degree course, Aminata achieving the highest grade of all midwives 8raduatinB at
the Phoebe-Esther Bacon College of Heath Science5 IPEBCHSI in Zorzor
Bsc De
In September 2024, two more midwifery students, Joannah Dolo and Esther Robert were offered grants
to cover their fees and essential expenses at PE8CHS, bringin8 the total to 10 students Currently receivin8
HLMT 8r?nts. This was largely made possible by the generosity of our supporters
TheHelen Lovwet￿elTr Menui&TruA-AnThual Re¢*Y(and A£(wntsAwil 202410Marth 2025
Pa8t3

The 8ritish Embassy in MonrLwia and a funding trust have sponsored the fees of some of the HLMT-
students during the year. HLMT is very grateful for this
HLMT'S brilliant supporters continued to back HLMT with standing orders and one-off donations, the
lifeblood of the organisation. This amounted to over £20.1xK) last year.
Events and activities run by HLMT and ils SUPPOrters included five sold-out live music evenings, plant and
craft sta115 and the sales of merchandise. much of it made by supporters in Nottingham. These raised
over £6,C((J for the Trust
Our online Etsy shop has sold crafts and other merchandise. with many HLMT supporters making
greetings cards, aprons, cushion covers, bags. buntin& lavender bass etc.
HLMT trustees, brilliant work has contTrnued, with some attendin8 seminars and meetings and oihers
promoting HLMT in the media
In total, we have mana8ed to raise ¢)ver £31,(KK) during the year, thanks mainly to generous donations
by supporters and friend5, fundraisin8 events and our online sales of merchandlse
Details on all these points and more are in the report that follows.
Mlsslon and Objectives
The Helen Loewenstein Memorièl Trusys mlsslon is simple.. to support initial midwifery training in liberia by
making granls to cover the course-fees and essential study expenses of student mldwives who would not
otherwise have sufficient funds to train to become qualitied midwives.
In order to achieve this mission, its key goals are..
to raise funds to pay for the 8rants throu8h donations. 5tandin8 orders, bequests, 8rants •nd events
to fund the trainin8 of a Small number of student midwives in Liberia, and to fund at least two new
student5 each year a5 funds and workin8 arrangements with partners in Liberia 8row and develop
All of the Trust's Èndeavours and activitles have been directed at achieving its mi55ion and 8oals.
Ke¥ HLMT Obfrrtlves include:
Funding the trainin8 of a Small number of student mldwlves in Liberia and to increase that number as
funds and workin8 arran8ements with partners in Liberia grow and develop
Continuing to develop positive relationships with key Liberian stakeholders
Raising funds to pay for student grants throu8h donations. standin8 orders, bequests, grants and event5
Encouraging indNidual sUPPOrter5 to make one-off donations, set up standing orders and leave le8acies
in their wills
Makin8 bids to fundin8 organisations to raise some of our income
Working towards raisin8 sufficbent fvnds in order to invest £200.&XJ in ethical financial market
Investments and deposit investments to ensure the lon8-term financial s¥Jstainability of the Trust and its
work
Running and being involved in a range of events to spread awareness of HLMT and raise funds
Making merchandise and selling it online and at events to raise funds and promote HLMT
Promoting HLMT through a range of social media and other promotional activities in order to maximi5e
aWa￿neSS ofand support for HLMT
The L¢ewertstÈin MemLVial Tr4ASt-Annual Report and*u￿￿ts 202410 Marih 2025
Pa8e4

Trustees- steering the work of HLMT
The Helen loewenstein Memorial Trust had twelve trustees at the end of the financial year. They have worked
as a united team to take forward the work of the Trust. Between them, the trustees have worked in the private,
public and third sectors and bring a fom7idable range of skills and experience to the Trust. All of them have been
actively invofved in the work of HLMT during the year, organising and running events, making and distributing
items for sale, managing the Trust's finances, writing funding bids. developing vlebsite content, drafting policies
and procedures and giving talks. The trustee committee welcomed three new trustees in January 2025. Helen
Janiszewski, Lorna Somersall and Jessie Viner.
The trustees have met four times during the year to discuss and take fonvard the work of the Trust,. on 22nd May
lalso the AGMI. 4th September, 20th November 2024 and 22nd January 2025. The Merchandise sub-committee
and the Grants sub-tommittee have also held meetin85.
On a prartical level the trustees have overseen the development of the HLMT webslte.. circulated four
newsletters to supporters and set up a supporters, (latabase,. purchased Libefian Lapa materials. and together
wlth supporters, produced HIMT 8reetings tards and crafts for sale.
Some trustees take on speciflc work. Harvey Goodman Is HLMT Treasurer, responsible, amon8 Other things, for
presenting accounts, making and monitoring investments and claiming gift aid. Stella Nickolay produtes muth of
the Trust's publicity and coordinates the merchan(lise sub.committee. Carol Mccormick, Celia Knight and Plppa
MatKeith are also members of that sub-committee. supported by volunteer Charlotte Christine who runs the
HLMT on-line Étsy shop. Nick Loewenstein has provided invaluable assistance with designing Breeting cards and
also supporting our volunteer sound engineer at gigs. Pippa MacKeith coordinates the Trust'5 crucial dats
protertion activities. Esther Draycott is coordinating our safeguarding policy and procedures. Pete Loewenstein
chairs the trustees and arranges trustee meetings, liaises with fvnders and stakeholders, produces newsletters
and the annual report. keeps the HLMT website updated and undertakes much of the preparatory work for music
ni8hts. Pete Loewenstein, Harvey Goodman and Stella Nickolay are members of the 8rants sub-committee.
HLMT trustee Celia Knight initiated a scheme for supporters to donate leftover currency to HLMT. This includes
coins or notes from holidays, or some old Brttish currency. HLMT converts this into funds to pay for training
Liberian midwives. Supporters bring them to HLMT events or donate online at..
htt
wv•w.leftovercurrtn
thar
thetheleTh4oewensteiTrvmernorial-tru
Th
Tr
ijrer ensured that HLMT annual re
ort and accounts were inde
endentl
examined
accountant David Sadler and submitted to the Chari
Commission. The
als
mana
ed HLMT'S di
ital ac
un
in
vi
uickfile softw8re which enables
rustees to receive re
ular re
orts on the Trust's finances.
The Helert Lorwen5tein MEtnLw4IITruM-Arnual Repm and•u(XlM5WIl 2024 tolAar£h 2025
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Supporters - our backbone
From the outset, HLMT supporters have been the backbone of the Trust. Many of them have continued to make
donations, sign standing orders. buy HLMT merchandise and attend online events. Some supporters have
organised fundraising events le.g. runs and cake sales) for HLMT. Some have indicated that HLMT is included in
their wills. Supporters who contribute regular monthly or annual standing orders ensure that HLMT has a regular
income st￿3M.
Trustees continue to be supported by very skilled voluntetvs:
Alex Mottier has maintained and developed the excellent HLMT website that she set up. www.hlmt.orL.uk:
Charlotte Christine, who
up HLMfs Etsy online shop (which can
be found at
LVWW pr",y rntTri/..Ik op JH I ￿j.Tm.-rh,I1irI1SP}. continues to develop and maintain the site; Dave Martin
has done a great job setting up and controlling $C￿nd at HLMT 8i85- Jessie Viner has done a wonderful job of
taking and circulatin8 the detailed minutes of HLMT trustee5' meetings: and Russell Taylor has actbvelv
coordinated and developed HLMfs social media presence on
Fa￿l)00k 'ilts)%.
and Insta8ram~
HLMT Chari
¥1$é¥$+¥,.$4
TheHelen Lwenst•n Memtyial T¥ust-AnnwAI R¢FANtar￿A£¢Q¥ntsAW4 2024to March2025
Page 6

Supporters have also spent many hours making greetings cards, craft products and merchandise, and helping to
staff HLMT stslls and events. These active supporters have included Abdul Bah, Ally Turner, Annette Greenland,
Barbara Bates. Carol Laverick. Charlotte Christine. Chris Jefferson. Chris Randall. Emma Eckhardt. Estelle Smiley,
Ingrid Green, Jane Bfamley, Jane Daffe, Joan Morris, Julian Griffiths, Kate Whyte, Lee Harrison, Leonie Williams,
Linda Burdett, Lil Mayfield, Lyn Bell, Maggie Jones, Mary Barnard, Michael Boyle, Mo Cooper. Pam Machar,
Paula Brady, Ros Evans. Sal Morowits. Sally Virtorian. Sam Azad. Sue Van Schaick and fina Pamplin.
Carol Mccormick, Celia Knight, Esther Draycott, Lorna Somersall, Nick Loewenstein, Pete Loewenstein. Pippa
McKeith and Stella Nickolay are HLMT trustees who have put in a lot of voluntary time helpin8 With events and
merchandise.
We have encouraged all supwrters to sign up with Easylundr•isin8 h
raisin
creating a personal account and then choosing The Helen Loewenstein Memorial Trust as theirgood cause. Each
online purchase then generates a small income for HLMT. The amount raised by those who've si8ned up to
Easyfundraising is over £350.
HLMTtrustees would like to say a huge"thank you" to HLMT supporters fortheir invaluable 5UPPOrt of the Trusvs
work.
Artlvltles and achlevements Aprll 2024 to March 2025
•) Developrnents In Uber
Sponsored by HLMTI
Two HLMT-¥)onsored students 8rndu•te and 2 •ddStional students
HLMT and the Phoebe-E5ther B•cM Colle8e of Health Sdences IPE8CHSI In Zorzor negotiated and agreed
Memorandum of Understanding in 2020. The first two midwifery students sponsored by HLMT, Aminata Sumanie
and Suah Valai. graduated in May 2024. both with excellent results. HLMT trustees, Pete Loewenstein and Stella
Niekolay, together with HLMfs Liberian representative, Abdul Bah, attended the graduation ceremony. During
their private visit to Liberia, Pete and Stella, together with Abdul, a150 met Some key Liberian stakeholders and
politicians on behalf of HLMT.
11
As a result of generous donations by some HLMTsupporters. we were able to SLlPPOrt an additional four students
in 2021-2022, and two further students in 2022-2023. With the aid of a grant from the British Embassy in Liberia,
two more students were appointed this year. This brings to twelve the number of students that have been
supported by HLMT grants. The student selertion panel always includes Esther Bacon teachers and HLMfs
longstanding representative, Abdul-rahman Bah, a Liberian colleague and friend of Helen Loewenstein who has
Masterfs degree in Public Health from Nottingham Trent UnNersity.
TheHden Loewensiein MeffKwial Tnist-AM￿l RewtaTr#>ur•Jlltsw4 2024to Mar£h2025
Pa8e 7

PHEBE. rn IACO¥
All the students meet the HLMT criteria.. they have the appropriate academic qualifitations and they require
financial stipport in order to enrol on the midwifery course. All the students have indicated a desire to pursue
their tareers in the rural areas where they grew up once they qualify.
HLMT pays the students. tuition fees, accommodation, initial equipment and fee5 for their profession¥1
re8iStration exam. We receive feedback after every 5eme5ter on the 8rades and attendance of each student.
Liberian midwifery training moved from three.year diploma courses to four-year degrees three years ago, and
PEBCHS is one of the institutions thosen to make an early transition to degree courses. HLMT was asked whether
it could support the extra yearfs trainin8 for all its students. includin8 those who had initially enrolled for a three.
vear course. Since four-year degree courses will become the gold standard in Liberian midwifery training, HLMT
trustees unanimously agreed to support all its sponsored students for the extra year. This adds an extra £900 to
the Sponsorship costs of each student. bringing the total cost to E3.6CKI for the 4-year degree.
HLMT asked key Liberian stakeholders, including the Ministry of Health. the Liberia Board for Nursing and
Midwifery, the Liberian Midwives Association and the Phoebe-Esther Bacon College of Health Sciences, to
formally endorse the work of the Trust. We are delighted to report that all these agencies have done so.
bl E￿nts In the UK
Over the past year HLMT and its supporters have been able to or8anise a wide variety of events and activities
after Covid loosened its grip. These included..
Five great sold-out INe music nights, in May, September and November 2024 and February and March
2025. Apart from providing wonderful live music and entertainment, each of the music evenings raised
over £l,¢XKJ towards HLMT funds, each more than sufficient to fund a Liberian midwife's training for
full year. Massive thanks go to all the musicians who perfomied and to the many volunteers who worked
behind the scenes.
TF*Helen Loewenstein MenwialTru51-Annua151epwl and kiwwsApril 2024 to 20Z5
Pa8e8

HLMT crafts and plants stalls outside the Crimson Tree Café in Sherwood on 18" May 2024 Iwhlch ralsed
E7351, and at Chilwell Garage Market on 30, June 2024
A Sherwood History Walk in June 2024. led by Mo Cwper
HLMT plants and crafts Stall at the Nottin8ham Green Festival on 8 September 2024, whith raised
around £f
PORTING INIT￿L
IFEAY TRAIMIMG
l N LI?ERJA
rAIK MISSION
Big Give event, October 2024. UK charity, Big Give. attepted HLMT'S application to join their 'Women
and Girls Match Fund- IWGMFI event from 10th to 17th October 2024. The gross amount raised wa5
over £6,0(X). HuBe thanks go to EVERYONE who donated during the week. and to HLMT trustees Celia,
Pete and Stella who organised this initiative. especially Celia Knight who coordinated it.
HLMT craft stalls at Mapperley Makers and Vintage Market and Sherwood Vegan Market in November
2024
The Helen Lov￿en51¢1￿ kkFW￿Trwt-AnllUaI Repwt ar￿1 k<wntsAW￿ 2024 10 MaKch 2025
p￿¢9

TI¥GII#
114 LIEEIJA
A talk by HLMTtrustee, Carol Mccormick, to a packed Sherwood Women's Institute meetin8 in February
2025
A presentstion by Abdul-rahman Bah, HLMfs Liberian representative and trustee Stella Nickolay to the
No
Some events organlsed by HLMf supporters. deser¥e spedal mentlon..
Hollle Sanderson ran the Por15 Marathon for HLMT on 7th April. Hollie is a midwife at 5t Thomas,
Hospital in London. She ian the marathon in a brilliant 3 hours and SO minutes. And she smashed her
fundraising target of £150) and raised OVER £2,￿0 for The Helen Loewenstein Memorial Trust. A record
for a single supporterfs fundraisin8 efforts. A massNe THANK YOU to everyone who Sponsored Holliel
And of course. to Holliel
The He*A L¢ewenstein MettNwhil Tr4&-AMu•l ReportarKl*&£QJ￿S 2024 toMar£h 2025
Pa8e IQ

Cake Sale by Matemlty Unh stsff at Nottln8ham Clty Hospltal for HLMT. On 10th September 2024 the
maternity stsff at Nottingham's City Hospital Spent two days bakin& sellin& buyin8 and eatin8 a large
selection of delicious cakes. This event raised 8 WHOPPING £525 for HLMT ftbnds. Huge thanks go to all
maternity unit stsff at the City Hospital. to Bella Draycott-james for doing much of the baking and to
Esther Draycott, Jennlfer Ross and Steve Allen for coordinating the event
Rosa's Lovely Daughters fvndralslng 8Sg for HLMT. 14th December 2024. Rosa's Lovely Daughters
organised a reunion Big and agreed to donate all proceeds from donations and a raffle to HLMT. HLMT
also had their merchandise stall at the event. Iher £520 was raised, which is wonderful. Huge thanks to
8ronwyn, Hilary, Jenny, Ma88ie and Nicki from Rosa's for or8anisin8 the event and the music. to Angle
and Pete S for the poetry. and Pete L ?nd Stella for bringing and runnin8 the HLMT stall
The Helen Loe*ensiein MernorialTrust-Annual Re￿rtaThj AcawntsN¥il 3J24to m￿[￿ 2025
Page 11

i.¥1
Details of all of the events above can be found on the HLMT website at htli)%"In)IIT7t Olf..LJkl?(.11 4
All the events orBanised durln8 the year by HLMT and its SUPPOrters were really successful, and down to the hard
work of those who volunteered to help run them.
Sherwood United Reformed Church deserves a special word of thanks. for their ongoing SUPPOrt of HLMT and
for making their premises and facilit*s available for HLMT events at very reasonable c05t.
Invest5n8 some HLMT funds to ensure lon8-term sustalnablllty
If HLMT were to simply spend all the fvnds we raise on 8rants to students. within a very few years our funds
would dry up and the Trust would have to be wound upl In order to ensure that grants can continue to be made
into the future, HLMT trustees a8reed to "work towards raisin8 sufficient funds in order to invest £200,￿0 in
ethical financial market investments and deposit investments to ensure the long-term financial sustainability of
the Trust and Its work.~ The flrst £46.IXKI wa5 invested in October 2021. This year the trustees have transferred
fvrther £75,￿0 into thrÈe fixed-term depos¢t accounts.
The plan is that if HLMT is eventually able to invest £2(K),(XQ. then at an average rate of return of 5% (lower on
our cautious ethical investments than high-risk open-market investments) HLMT will have £lO,LY)O to support
student Brants each year.
For now, we continue to rely on sUPPQrters' donations and events, etc. Having established a successful mode of
operation in Liberia over the past three years, we made a successful bid to a 8rant-makin8 trust in 2024 to fund
some of the students supported by HLMT.
Plans for the comlng year
The tru5tee5 plan to continue and build on the work of the past year. Our hope 15 to provide 8rantsfortwo further
midwifery students at PEBCHS, while continuing to support the existing Students.
HLMT will continue to urge its supporters and other5 to make donations in various ways, and/or or8anise and
support activities and events andlor approach 8rant-making trusts for support.
In order to continue to sponsoT currtnt student midwives and to raise fvnds to sponsor 4 additional Liberian
midwifery students from September 2025, planned HLMT events in the UK include:
Di Jelley. HLMT supporter, running the London Marathon for HLMT on 27th April
A live music evening with 3 bands on 9th May
A HLMT plant and craft stall in Sherwood. Nottingham on 17th May
A HLMT plant and craft stall at Sherwood Vegon Market on 14th June
The Mden Loe*lenSt￿Tr MerK¥ialTruSl-AnnL￿IRe￿1I￿l#<uwrt$￿￿2O24tQ March2025
Page li

A HLMTuafts stall in chi￿11 Garage in July
A PILMT stall at the Nottingham Green Festival on 14th September
A live music eveni￿ with 3 bands on 10th Ortober
A li%* music e¥enir8 on 28th November
The Boots Orchestra will perform a COn￿rt on 29th November to raise fvnds for HLMT
In addition. Abdul Bah, HLMfs Liberian ￿presen￿tiVe will attend the graduation ceremony on 28 May 2025.
at whbch three HLMT-sponsored students will graduate from their 4-year midwifery degree Course.
HLMT will work to develop and strengthen relationshlps wlth key Liberian stskeholders in order to steadily add
to the numbers of HLMT-sponsofed Liberian student midwives who otherwise could not afford to undertake
their sknmlies.
.1&
PaBe 13

Independent examinerfs report to the Trustees of
The Helen Loewensteln Memorlal Trust
for the year ended 31 March 2025
I reporttothetrustees on my examination of the accounts of The Helen Loewenstein Memorial Trust Ithe charity)
for the year ended 31 March 2025.
R•sponslbllhles and basls ot report
As the trustees of the charity you are responsible for the preparation of the accounts In accordance with the
requlrements of the Charfjtles Act 20111'the ACVI.
I report In respect of my examlnation of the charltls accounts carried out under sectlon 145 of the 2011 Art and
in carrying out my examination I have followed all the applicable Directions 8iven by the Charity C￿￿MISsion
under settion 14515llbl of the Art.
Independ•nt •Mamln•rfs sQ•t•m•nt
I have completed my examlnatlon. I ￿nftrrn that no matters have tome to my atterltlon In connertlon wlth the
examination 8ivin8 me cause to belleve that in any material respect..
a¢countln8 records were not kept in iespert of the tharlty 4$ requlred by sertlon 130 01 the Act,.
or
2. the accounts do not accord wlth those record&
I have no concerns and tome atros5 no othermatters In connectlon with theemarnlnatlontowhlch attentlon
should be drawn In thls report In order to enable a proper underslandlng of the a¢¢ounts to be reached.
Slqn
2cJL
OovldSodler
ChorteredAeeountont
ThÈ LO@￿0￿5teln TruSt-Ann4al RÈwrtar￿ A¢CountsApril 2024 tD March 2025

The Helen Loewenstein Memorial Trust
Recelpts & payments account
for the year ended 31 March 2025
Note
11166 i Grants & dcinatlons Ind. glft ald
Grant from fundin8 trust ItiESTriicrEDI
4061 .' Events and activities
194117 ': Totsl receipts
8207 i Student fees
145 . Insurances
Promi)fjonal materfals
190 . student Intervlew expenses
15 Event expenses
407 Merchandise purchases
72 t Accountsnty fees
70 Bank charges
141 '. Tot•1 p•ym•nts
Net recelptsl1pa￿￿lrt1j
55641 i Cash lunds at the stsrt i)1 this period
65907 * C•sli iiinds •1 the eftd of thls pthliid
ThÈ yÈlÈn LOÉwenstein K4efflonalTr￿st-An￿￿aI RèPOrtarKI A(COvntsApr12024 tD March 2DR5
PaBe 15

The Helen Loewenstein Memorial Trust
Statement of assets and liabilities
at 31 March 2025
2024
,' Cash assets
659)7 Bank accounts (unrestricted fvndsl
. Bank acwlnt (restrirted fyndsl
93551
4020
97571
Other monetsry a55ets
95 , Prepayments- Insurance
43203 Investments- rnarket Value
95
45404
454
Uabllltl
13481 CreditOT5- Inde
ndent examlnation fee
108857 assets
rhesefin4nelolsi•tements Ofe q¢cept¢d on behalf olthe by..
Sl•ned
Peter Loewensteln
Clh71￿er$tsft
The ￿elefi Loewenstein m￿￿0￿1￿￿Trust-AnTrual ftEPOrt A¢cwTrisApril 202ato March 2025
Page 16

The Helen Loewensteln Memorlal Trust
Notes to the accounts
for the year ended 31 March 2025
1. R•celpts & payments accoynts
Receipts and payments accounts contain a summary of money rècelved and money spent during the period
and a Ilst of assets and liabllStles at the end of the perSod. Usually. cash retelved and cash spent wlll Include
transartions through bank a¢counts and cash in hand.
2. Gr•nts & donatlons
Gift Aid
Sundry grants & donations
Total
2025
17337
19362
3. Trust•w' r•rnun•rallon
Trustees recelved no expenses, rernuneratlon or benefits In thls perloo.
4. Glossary (rft•rnis
Cr•dltors: These are amounts owed by the tharlty, but not pald durln8 the accountlng perlod.
Prepaymènts., These are servlces that the charlty has pald for In advance, not used durlng the
a¢countSn8 period.
6. Restrlrted funds
A 8rant of EIO,O(M) was recelved from a tundln8 trust. less expendItU￿ whlch amounted to £5,980.
Restrlcted funds therefofe bein8 carried forward to the next financial year are £4020.
The LoEwertstein Klem¢ti81 Tru5t- Artnu* ftewrt A¢¢wntsAwil 202aio March 20
Pa8e 17