Charlty numbor: 1183721 Slr Roger Manwood's Grammar School Foundation Unaudfted Trustoes. r•port and financlal 8tstements For the y•ar ènded 31 August 2024
Slr Rog8r Manwoorfs Grammar School Found•llon Contents Page Ref•r•nce and admlnlstrntlve dètalls of the Charfty. Its Trustaes and advls•rn Trustees. rnport Indop•ndent oxamln8rf$ report Sts¢emont of flnanclal actlvltl•B Balance Jheel Notes to th• fln*ncl•l ¥tatemMt• 9-16 App•ndlx I Appendlx11 18 19
Sir Roger Manwood's Grammar School Foundatio Reference and admlnlstrallve detslls of th• Charlty. Its Trustees and advlsers For tho ygar end8d 31 August 2024 Truste0$ M Roberts C Everard J Ro&80 A lfjlbee. Chair L Gorringe J Maine Charlty rngl$t•red numb¢r 1183721 Prln¢lpal offi Sir Roger Man[$ Schcd Manw(th Road Sandwi¢h Kent CT13 gjx Accountants Kreston Reeves LLP Chartered Acccmjntsnts 37 Sl Margartfs Street Canterbury Kent CT12TU Ind•p•nd•nl Examln•r Pètèr Manser FCA DChA Kreslon Re8ves LLP 37 Sl Margaret's Street Canterbury Kent CT12TU Page 1
Sir Roger MaTrwood's Grammar S¢ho¢l F0thl Trustees. report For the yr èndad 31 August 2024 The Trustees present thew annual repyt ¢ether the finar4a1 ststements of the Sir Roger Manwcod's Grammar Schod Found8ts"on for the sear from 1 September 2023 to 31 August 2024. The Annual report serves the purposes of both a TnJslee5' rert arKI a Directors. re[ under company The Tnjstegs confimi that the Annual report and finanual statements of the Charrty c4Jmpty wilh the cuffent statutory requireFnonts, the requirements of the charitable compan$ governing do(mont and the provisions of the Statement of Rgcommèndod ISORP) appltcable to tharits preparing their a(xounts in acoNd8nce with Ihe Finandal Repordng Stsndard applicable in th8 UK and Repul of IrelaTrJ IFRS1021 (effective 1 January 20191. ObJectlvé8 and actlvltl•8 . Poll¢le$ arbd obl•¢llvos The object of thg Foundation is to advance education for the PU1¢ ben6fi1 through the award of pryzes, scholarships 8ThJ grants to CUTh8nt aTrJ fomwr puyls of Sir Roger Manwood's School. Addilion81ty to provlde financial asslstsnce to the Slr Roger Man,$ Sctth at the Headt6ad)erfs request within 8vailable levels of Income. In setting objectives and planning for acaivibes, thg Twstees have gNen due consideration to general guidance published by th6 Charity Comfnission relalry to benefft. induding the gUKlan( 'F4Jbllc b8nefft: running a charity IP821'. b. Grantwklng pollcles The grant making ll(leS are stricty defined ar¥J can only be enhancd Withln availab Incomelovels. Achlevemonts and rtOMn¢0 a. Maln achlevomonts of th• Charfty Sir Roger Manwc¥)d's Grammar SclKd Fout)dalion has wovthd a ct)nslstenl16vel of finandal support for the Sir Roger Manwoorfs School aThJ its pu&ils. ovar and abo¥e central G(Nemmenl furKling Wthin available lev81s ol income. b. Inva#tmènt pollcy and p•rform•nc• No changes envisaged. unless &JditicYHI bgqugsts from Alumrd are Tgceived to enatrAe fvrther investment to be undertaken. The portfolro has generatod a relum In th8 415% range for many years. Fln•nclal rnvlew . Golng conc•m After making apprO[ale enquiries. the Trustees have a reasonab 8xp8dation thal Ihe Chartty has adequate resources to continue in operatThal exISter for foreseeable future. For this reason, they continue to adopt the going concem basis in preparing the financial sL*ments. Further details regar(ling the adoptNJn of the golng concem b85is can be fouThJ in the accountbr4J policies. . Rg$•rv0s poIIcy The Board of Trustees has establish1 a pclicy unr8Stri¢X8d reserves of Ihe Charity should be maintained al a rninimum level of £50,000. al 31 Awust 2024. the unrestri(#gd r8sgrves stood at £88.579 12023.. £77,603), in line with Ihe r8seNes wly. Page 2
Slr Roger Manwood's Grammar School Foundatlon Trustees. report {contlnued} For thg yaar anded 31 August 2024 ¢. Matsrtal invostm8nts policy No additional investsn8nt is ann al WeS8Dt unless fvrther tequests are rec8N8d. StruGr9, govemancé and manaym•nt . Con8titutSon Sir Roger Manwood's Grammar scho Foundation is a registered chanty. number 1183721. and was registsred as a CharilatrAe Incotwrated OpJanisation on 4 Juno 2019. b. Mothodb of appolntmgnt or •l•ctlon of Tntst6•s The m8nagem8nl of the CharFty k8 the responsiblty ofth8 Trustees. c. Oryanl•atlon•l structurn and d•cl$lon4n•klng pollcl•s The policy and operating d8ca"sions of Ihe Charity r8sl 1h th8 Trustees wt¥) meet regularfy lo monitor the activities of the Sir Rog8r Manwcwxl's Gran Foundati. d. Flnanclal rl•k managemont The Tru$ts6s hava assessod tho m8ior risks lo Chwlty is eXsed, particul8r thos6 relatsd to th$ Oporations and finarbces of the Charfty, and are sa118j that syBtems and pr{¥dUreS ar8 In place lo mlllgale exposure to the malor risks. Plans for fur• p•rfod• The unr6slrlcted Parkin¥on Furvj ¢>)ukl bg Used In 8UPPOrt ol the Sir Roger Manwc(#J SchcK)I's ambrtious master plan lo b¢ implemented In the next Ith¥ r8. Page 3
Slr Roger Manwood's Grnmmar School Foundallon Trustees. report lcontlnuedl For th• yoar •nd•d 31 August 2024 Statemenl of Truslees. rn8ponslbilili The Twstees are responble for preparing the Trustees. repKHt and the finamal statements in accordance wllh applicable law aNI United KiTrJdom Accounting Slandard5 {Uniled Kingdom Generally Accepted Accounting Practice). The law applicable to charities In England & Wales reqwes the Trustees to prepare financi81 ststements for each financial Wh give a true 8rKJ fair wew of the stste of affairs of the Charity and of its incoming resources and applicaficm of resources, induding ts incoff and expendityre. for Ihat pthxl. sn preparing th&s8 financial statements. the Trust88s are wuired to". sa18Ct suitable accounting polici8s aTrJ Ihen aFpty them c4Jnsistenty. observe the methods and prtrnciples of the Charitss SORP {FRS 1021.. make judgernents and nting ests'mates that are rea$able arKI prudent. stole whether applicable UK Accounling Slandards IFRS 102) have been follow, subpcl to any rnalerial departures disdosed and explained in financial Staten. prepare the financlal ststements on tha goiThJ concam basis unless it Is inapFYoprl8te to presume that the Chaiity will continue in business. The Trust86s are r8sponst4e for kg8plng adequate ac(x)untlng r9cords that are suffident to show and gxplain Ihg Charivs transactions and dlsclose wilh reasonable 8c(yJracy al any ts'me the financial posttion of the Charity and enable them lo ensure that the financial stat8ments comply the Chariti8s Act 2011. the Charity {AccAJunts and Reports} Regulat)ns 2008 atNJ the tKovistons of the Trust deed. They are al80 responsible lor feguarding the assets of the Charfty and hen lor t8klng reasonable steps for the prevention and detection of fraLKI and oiher Irregularits. Approved by order of the membats of the bowd of Trustoes arKI ggn9d they bghaif by. A KI1• Chair of Tnjslees Dale.. l. . 1¢>2
Sir Roger Manwood's Grwnmar School Foundation Independent exarnine5 report For the year ended 31 August 2024 Indopendenl gxamlnerfs TOPOrt tr• the Trustgos of Slr Roger ManW(S Grammar School Foundation ('thè Charity? I ret to Ihe chaiity Trusts65 my examinatbjn of thè accthnts of the Charity the year ended 31 August 2024. Re8pon8lbllftle8 and basls of report As the Trustees of the Charity you are reskThJnsiblo for tha preparat of the a(Unts in accordance with the requirements of the Chonlios Ad 2011 (M 2011 Att). I report in respect of my examination of the Chartys actounts tamed out under sttts.on 145 of the 2011 Act and n Cang out my ex8mlnation I hav6 fcAlowJ the apP¢8b18 Diroctiws given by tho Charity Commls$lon undor $6etion 1451511bl of the 2011 Act. Ind•p•nd•nt oxamln•rf# #tat•m•nt Your att8ntson is drawn to the fact that Ihe Charity has prepared the accounts in accordance with Accounting and R8porting by Charities.. Stalemènl of Recommended Pradice appae to chanlies preparing their accounts in accordance with the Finanoal R8Wrting Slandard aprIKab in the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charitias.. Statement of RKomm8rKlgJ Pr8Gtir Issued on 1 April 2005 which is referred to in the extsnt regulalM)ns I1 has been withdrawn. l understsnd that thls has be6n done in der for the ac£ounts to provkje a true and falr vlew In accordance wllh the Generally Accepted Accounling Practlce effectbve for reportiThJ periods beglnning on or after 1 January 2019. I hav8 complèted my gxaminatton. I conflm) that no mattèrs have oJm8 to my attentK)n In connecuon wllh the eXaMinatn giving m8 cause to b91igve that Sn ary mateflal r8spect'. 8ecounling rec5 were kept In respect of thè Charfty as rsquiTOd by so¢llon 130 of the 2011 Act., or the a¢counts do not acctyd wlth those records: or the accounts do ¢xmply ryth the applutle requirements concerning the fom and content of accounts set out in Ihe Chari$ (Accounts and Rerts) Reguktions 2008 olher than 8ny requirement that the acrounts give a Inje fairf vivw is Th)t a matter cts)88fed as part of an independent examinat. I have no con¢gms and have com8 across no otsr m8tters In (xJnneL#k)n th8 èxamlnatlon lo which attention should be drawn in this rem in onler io enabla a propgr undernI of the ac£#)unts to be reathed. Page 5
Sir Roger Manwood'8 Grammar School Foundatlon Independent examinevs report {continu•d) For Ihg year end8d 31 August 2024 This report is mai5e sorely to the Charivs Twslees. as a trA)dy. in acc%)rdae Part 4 of the Chariles (Accounts and RerKJrts) Regulations 2tA)8. My has ten Undertak so Ihal I might stale lo th8 Charills Trustetss those matters l am required lo stst& to them in an Irependent examinerts port and for no other purpose. To the fullest exlent pemiitled by law, I do not accept assume responsibility trJ anyone other than the Charity and the Charitys Trustees as a to. ft)r my work or for rep Signed.. Peter Manser FCA DChA Datod 7 Clfoa 2025 Kre8t¢)n R•evo8 LLP Chartered AGcK)untants 37 St Margaret'8 Stre61 Canterbury Kent CT12TU Page 6
Slr Roger Manwoorfs Gramm•r S¢h¢)ol Foundatlon statement of financial activities For the year ended 31 Au9USt 2024 R•strlct•d Unrostrl¢t•d funds fund$ 2024 2024 Total funds 2024 Total funds 2023 In¢om• from: Donations arKI legocies Investsnonts 500 47.746 540 43,512 4,151 Total Income 44,095 4.151 44,052 Expendlture ork: Char¢t8ble athvrtles 43,524 39,646 Total eXndIture 43.524 43.524 39,646 Not Incomo before net galn•l{I0sI) on Inv•*tm•nts Nal galnslll¢)ssesl on Inveslm 571 60.314 4,151 6.825 4722 67.139 4.406 142,846} Not movomont In funds 60.885 10.976 71.861 138.4401 Ro¢on¢lllatlon of fundl.. Total funds brought foNard Nel movement in fuThJs 853,009 60.88S 77,603 10,976 930,612 71,861 969.052 138.440) Total funds carrlod for¥Ard 913,894 88,579 1,(102,473 930.612 The Statement of financ4al activitres indudes all galns aNI108se8 rncogn188d In the year. The notes on pages 9 to 16 forni part of these fmncial ststem8nts. Page 7
Sir Roger Manwoolfs Grammar School Foundatlon Balan¢e Sheet As at 31 August 2024 2023 Fixed assets Investments 918.502 851.363 Curront assots Cash at bank and in hand 87.961 82.153 Creditors.. amounts falling due wiitiin onè (3.990) (2.9041 83.971 79.249 Total net assets 1,002,473 930.612 Charlty fund• Restrictad funds Unre8trict8d funds 10 10 913.894 88.S79 853.009 77.603 Total funds 1.002,473 930,692 The financlal slalements Woro 8PKmgd 8nd authorisod fry18sug by thg Tvuste06 aThJ sign on thoir b6half by.. A KSlho Chair of Trusl86s Date.. l. . 29 2 The noles on pages 9 to 16 fomi pt of these financial s18leme. Page 8
Slr Roger Manwood's Grammar School Foundatlon Notes to the finan¢lal stslem¢nts For tho ygar ended 31 August 2024 General Infomiatlon Sir Roger MallwocJ's Grammar Sch(K4 Fjd81Icffi is a regk%teTgd charty. number 1183721, and was registered wtth the Charity Commission on 4 June 2019. Accounting policies 11 Basls of preparallon of Ilnanclal slatem The finandal ststemonts have been prepared in aCCordae wlih the CharlUes SORP IFRS 102) - Accounts'ng and Rewrting by Charrties.. Statoment of Recommended Practice applicab18 to charities preparing their acc)unts in atxordatKe with the Financial Repwtir¥J Standard applicabl8 in the UK and Republic of Ireland IFRS 102} (effective 1 January 2019). the FinancAal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Chafities Act 2011. The financial ststements have been prepared to gNe 8 Irue and f81¢ view and have departed from the Ch8rilies (Accounts and Rtsports) Regulab"ons 28 only to the 8xlent wuired to provide a 'lrue and fairf view. departure has in¥oW fOlkn the chariti.es SORP IFRS 1021 published in October 2019 rather than the Accounb"TrJ and Reporb'ng by Charikn"8s' Slatement of Recommended Practice effective from 1 April 2005 whith has since been withdrawn. Slr Roger Manwcx)d's Grammar SdMM)l Foundation meets th8 definibon of a public benefit entity under FRS 102. Ass6ts and liatslities are Initialty recogn1 at hl&torieal ¢ost or transactlon valu unl6ss otherwise stated in the r8b8vanl aCCnting pclicy. 22 Golng conwn Thè Trustees assess whetlw the use of going (xincem is approprlale. i.e. whether thare are any material unLrtaintles related to events or CondithS Ihat may cast sunificant doubl on the ability of the Charity to continue as a grrj (£eM. The Trustees m8ke this assessment in resped of a pori1)d of at least one year from the date of aulhJisation fry issug of the financial slal8mgnts and have ¢Cfuded that the Charfty has adequale r8sour(*s lo (x)nnUe in op8ration818xislencè for the foreseaable fulurg arKI there are rK) material uncertaints.es about the Charitys ability to continue as a gn9 COnM, thus they rAJntinue lo adopt tho n9 corKem basis of )Unting in preparing the finaneial statements. 2.3 In¢offl• All income i% recognised once Charfty has entillement to the Ineome. it is prthble that the incomg 11 be received and the amount of receivable can be measured rellably. Incoma tax recoverable in rela1 to invostmgnl incomg is Tergnisell at the time the investment irmme Is recèivable. 2A Exp•ndltur• ExFenditure is recognised once thern is a lagal cor 0blh38li lo tr8nsfer OnoMIC benefft to a third party. it is Proba8 Ihal a transfer of enOMiC benefits wll be required in settlement and the amount of th8 obligation can be measured reliaw. Ex[nditre is classthed by activity. The costs of each activty are made up of the total of direct c¢ts and SUPFOrt costs involved in undertaking each activty. Expendrture on charitable acliviW i8 Inced on directy undertakiry the activilies whth futher the Charitys objedives. as wdl as ony asSrXi sutwt costs.
Sir Roger Manwood's Grammar School Foundatlon Notes to th• financial stst¢m•nts For the year ended 31 August 2024 Accountlng pollcles Icontlnued) 2A Expgnditurg (Contlnuod) Grants payabl8 are charged in the yeartAlwi the offer is m8do except in those cases where Ihe offer ks conditional, such grants b&ing recTr3nised as expenditure when the ¢xsnditions attaching are ffilled. Grants offered subpct to CO¢Kiitions which have not been rrel al the year end are noted as a commitmerrt. but not ac(xued as expenditure. All expenditure is Induspla of irrecoverat48 VAT. 2.5 Inter•¥t recelv•ble Interest fvnds held on deposit is ind[d tpthen reeefvable and the amount can be me8sur8d rdiably by the ChariV, this is nomialty notification of the Interest pal(J or payable by the Instllulon wtth whom th6 furth are dèposltsd. 2.8 Taxatlon The Charity is c4)nsidgred to pass the tests set out in Pwagraph 1 SCIule 6 of the Finance Act 2010 and therefore it meets the definrtion of a tharity for UK Cofporalion lax purposes. Accordingly, Charity is potentially exempt from taxation in ffjspect of income or capital galns rec8iv8d within calegori8s COV8Ted by Chapter 3 Part 11 of the Corporalion Tax Acl 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that sh inc4)m6 or gains are applied exclusively to charitable purpo. 17 Investmw Fixed as86t investments are a form of finanool instrumgnt ond or8 inFtsally recognised at th6ir transacti¢)n cost and subsequendy Irsled al falr value al tha Bat8n¢% sheet d8te. unl8s8 th8 value nnot be measured reliabty In which case it is m8asurèd at eost $8 impairmonl. Inv9Stmgnl gains and losses, whether reaised or unrealised. are c¥)mbinod and presen1 as 'GalnsllLosses) on Investments, in the Statement ol flnandèl aciivities. 2.8 Debtt)rn Trade arKI other debtors are rn[Sed al the setllement amount after ary Irad8 dlscount offered. Prepayments are valued al the arrKJunt prepaid nel of any trade dlscounts due. 19 Cash at bank and In hand Cash at bank and in hand indu¢Je5 cash and ShOrt-te highly liquid invesbments with a short maturity of three months or less trom the date of acquisition or opening of the deposit or similar account. 110 Llabllhkn and provlslons Liabilities arg recognis8d when there is an coligation al the Balance shB81 dale as a result of a past event, rt is probable that a transfer of economic benèffit wrll be requirèd in settlement. arKI the amount of the settlement can be tskn"rnat&J reliabty. Liabilities are recognised at amount that Ihe Charity antKipates it pay to setde the debt or the amount il has as 8dvanc*d pawnents for the gl)dS or services it must provide. Provisions are measured al the best &stimate of the amounts requirgd to settte the obligation. Where the effect of the time value of nKtrney is material. the provision is based on the present value of those amounts, discounted at Ihe prlaX diXIn1 rate that reflects the risks speafic lo the liability. The unwinding ofthe discount is reLwni%ed in the Statement of financial athitw as a ffiar u)sL Page 10
Siv Roger Manwoorfs Grammar School Foundatlon Note5 to the financlal ststements For the year ended 31 August 2024 A¢¢ountlng poll¢les (contlnuedl 111 Flnanelal Instrumènts The Charity cdy has financial assets and ffinan¢ HablI1e$ of a nd that qualify as basic finanual irtrUments. Bas ffinanoal instruments are initialty reGogno9(18t tr8n88ction v81u8 and 8ubsequenlty measured al their sèttlement valua. 2.12 Fund accountlng General funds are unrestricted fvnds are avalable for use at the discretion of the Trustees i furtherance of the general objectives of the Charity and %thch have not been designated for other purposes. Restrlcled fvnds are funts *thlch are to bts us¢d In a¢wdan¢e vAth spedfic rèstrlctk>n8 Imposèd by donors Of vthich have bgen raised ty the Charlty for parts'cular purposes. The costs of raising and administering such funds are charged against the wfic fund. The aim and use of each r8slrict8d furKI is s61 out in the notes to the financaal Sta1effnts. Inveslmenl irMe, geins and1038es arn allocated to the apprrywiale fund. Incoffl• from donatlons and l•ga¢l•• Total fvnd$ 2024 Total funds 2023 funds 2024 Donallons 500 540 Total 2023 Involtment In¢¢)ffl• Total funds 2024 Total funds 2023 funds 2024 lunds 2024 Income from li5t¢d inveslments Bank inloresl recefvobl8 43.020 575 4.018 133 47.038 708 43,193 319 43.595 4,151 47.746 43,512 Total 2023 3.908 43.512 Page11
SIF Roger IAanwoort$ Grammar School Foundatlon Notes to Ihe finan¢ial slatements Forthe year ended 31 August 2024 Anatysls of grnnts Grnnts to Indfvldtsals 2024 Total funds 2023 nds 2024 Grants & prkes 19,800 19.800 25,125 Total 2023 25,125 25,125 ATraly•l• of •xp•ndltur• M dwrll•bh acthiltl•• funds 2024 Total 2024 Total 2023 Grants & prlzes 5) Other c•)ntritsJti9 to sc Independent exaffner8 fe88 Clork's faos 19.8 11,519 3.078 9,127 19.800 11,519 3,078 9.127 25.125 5,013 43.524 39,646 Tfu•t••s' r•mun•rntk)n and •xp•nM8 OurirffJ the w ended 31 Awt 2024 (2tr23: £NII). rn TrustO8S any reMUtIOn c other benefits. Durlng the ded 31 August 2024 (2023: £Nil). no Trust08s expon havè bogn incur. Page 12
Slr Rog¢r Manwooqfs Gramm•r School Founda Notes to the flnan¢lal statements For the ygar ended 31 August 2024 Flxod asset Investments Invostmonts Cost or vahmllon At 1 September 2023 R¢valuations 851,363 67.139 At 31 August 2024 918.502 N•t book valu• At 31 ALVUSt 2024 918,502 At 31 August 2023 851,363 Crodltorn: Amounts f*Mln9 duo wllhln on• y•ar 2024 2023 Other ¢redlt<>r8 Accrual8 912 2,904 3.990 2,904 Page 13
Slr Roger Manwoo(fs Gramnmr Sch¢yol Foundat N¢)tss to tho Ilnanclal stalemonts For th• year ended 31 August 2024 10. 8tstam•nt of funds ststoment of funds - current YO Balance at 1 Septamr 2023 IKom• Eyndllurn Balanc• at Galn81 31 August (Lo$8es) 2024 Unmtrlcl•d fund• Parkinson TI,603 4151 6,825 88,579 R••trlct•d fund• Foundation Wybom Chivas Adam prtzes ClartThJbdd Culross 148.189 8,608 6,n5 8.492 876.619 4J16 (10,343 15001 11,635 157,443 9,193 7,433 9,027 726,OSO 4,748 581 570 4Q444 431 8TT 34.192 265 19121 (31.205} 1264 44.095 (43,524} 60,314 913,894 Totsl of funds 930.612 (43,S24 07,139 1,002873 Pag8 14
Notes to the financial statements For the year ended 31 August 2024 10. Statement of funds {contInd) stst8ment of fvnd8- prlor Balan¢x at 1 September 2022 Balance at 31 August 2023 Galnsl {Losses} IrK¥Th Eyntthre Unr•8trlct•d fund• Parklnson 77.771 (4.076) 77.603 FourKlation Wybom Chivas Adam Prizes Clarir@bc4d Culross 156,3LWJ 8,978 7.053 8,831 705.569 4,550 7.426 18.469) 1403) 1296) 1801 } {29.417) {260} (7.0681 13781 1323} 13751 130.3941 1232} 148.189 8.605 6,789 8,490 676,620 4.316 835 258 891.281 40.144 139,6481 138.7701 853,009 Total of ndS 969.052 44.OS2 139.646) (42.846> 930.612 11. Summary of fund8 Sumfflary of fund• . cwrnnl y 8alttnc• at 1 Balan al s•pt•rnr Galn•l 31 August 2023 th0M• Exp•ndliur• (Los58sl 2024 Gen8ral fvrKIs Reslricled funds 7T.603 4.151 44.095 6,825 60.314 88,$79 913.894 143.524) 30.612 {43.524) 67.139 1,002.473 Page 15
Slr Roger Manwoorfs Grnmm•r School Foundat Notes to tho financial statsments For th• year ended 31 August 2024 11. Summary of funds (contlnwd) Summary offunds . prkn y Balanc4 at 1 SeptemL Balance 8t GaIn 31 August In(yJme ExylIre (Losses) 2023 Gèneral lurKIs Reslrthd furKI 77,771 891.281 {4.0761 138,7701 77,603 853.009 40,144 139,646} ,052 44,052 139,646) 142,846) 930.612 12. An4ly¥l• ol n•t ass•ts b•tw••n lund• An•ly•ls of not a#ts botTh fvnd•. cuvr•nt p•rlod Total funds 2024 nd¥ 2024 fund• 2024 FSxed assét Inv•$trnents Current assets Creditors due rythln yaar 845,425 72.459 (3,990) n.077 15,502 918,502 87.961 {3.9901 Tolal 913.894 88.579 1,002,473 Anaty•l8 of n•t a•Mts b•tw••n fund•. rIOd Re5tr1cted UnrestrlGted fvnd8 ftJnd8 2023 2023 Total funds 2023 Fwl asset investmnts Current as86ts Creditor8 due thln one 785.111 70,802 (2,904) 66.252 11.351 851.363 82.153 {2,) T¢>tsl 853.009 77.603 930.612 13. Rolatsd party transacth l)uring thg ypar, SIT Roger m%)¢$ Grnmmar SLLN)l (xmtdbuted £20,64612023: £11,617} to the Sir RLwr Manw(xNfs sch. ofwhtch J Maine served as a Governor during the year. There have been no other related ptrt5 duriThJ the Ent or pr year. Page 16
I Iilsi
S <rfr) E ry wu1WQLUu OJQ) ffj•5•5 2