REGISTERED COMPANY NUMBER: CE018248 {E￿gland Wak51 REGISTERED CHARITY NUMBER: 1184489 Report of the Trnmees and Unaudited Financi￿ Ststements for the Ye*r Ended 31 Dttember 2023 SHILDOIY ALIVE Mitrhells Grievson Clwtered Accounlants Kensington How¢ 3 Ken5inglon Bishop Au¢kiand Co. DL14 6ILX Contents of the Financial St*tem¢nts for the yeAr ended 31 De¢Èmber 21J23 Page Report of th¢ Tr¥st¢es IndepeDdent Ex2mintt's Report S￿*t￿ent of Fln*neixl Aetivldts Balance Skneet 6 to 7 Note5 to the FIDanci%l Ststements 8 to 15 SHtIJ)ON ALIVE (REGISTERED NUMBER: CE018248) Report of the Tru5tee$ for ¢b¢ year ended 31 December 2023 Th¢ trustees who are rtlgo dittctors of thc charity foT th¢ puryoses of the Compottie$ Act 2006. proseni their report wtth the financial Sth¢¢mcnts of the charity foi the year ¢nd¢d 31 Decen]ber 2023. The trust¢¢5 hove èdopt¢d the Provision$ of Accounting and Reporting by Ch8rities.' Statement of R¢¢omrnended Practice applicable to charities prepaTing their accounts in ￿cordanc¢ with ihe Financial R¢porting Standard applicabl¢ in th¢ UK and Rcpublic of Ireland IFRS 1021 {effective l January 2019). OBJECTIVES AND ACTIVITIES Objoctlves And aims To further or benefit the residents ot Shildon and th¢ Tjeighbourhood. without distitiLtion of sex, sexual orienration, Tace or of political. religious or other opit)ions by 8SSO¢iation together the said residents 2nd the local authorities, voluntary and other or8ani$atioDs in a common cffe¢t io advance education and to provid¢ facilitiC5 in the interests of social w¢lfare for recreation and leisure time occupation with th¢ obje¢tive of improving the conditions of life for the rcsidcnL%. The relief of pov¢ty OT fJnan¢ial hardship, in particulaT but not exclusiv¢ly by providing a food bAnk and a ran8r of impartial money advice and support services to peoplc in finJnciAI hardship to help ihern a¢hieve greater financial resilience and CApability. SlgnlfleADt actlvltles We have enabl¢d and supported events and 8¢tIVLties thal alleviate social isolation. offer inclusive advoeacy and crisis $upport 10 all members of our community. We supported 1086 clients with variou8 $UPPOrt. including food. uLililies and household goods. We off¢r individuils arld families in ¢ri$ii, fo()d support also re￿1ve a token to purch￿¥ r¢Bcued fNit &rtd veg¢tabl¢B frorn our community shop. Distributed £5.407 directly to clients through County Durham Community Foundations, Household Support Fund, and distributed £3.810 of crisis support direct to clients through ACTS 435 grunls. We opcrAt¢ an NEFIRST credit union colleciion point foT $avin8s and loans ian by volunteers. We run a community takeaway offering frec rneals to all school age children and a donation basis to vulner&bl¢ adults. W¥ deliver eookin8 WOTk8hop85 gArd¢ning activities and community ev¢iit$ for pcople of All 8ge$ throughou¢ the Yc￿. Thc chanty ha5 pur¢ha$¢d ll plot of land at 77 Main Str¢¢t, Shildon. A planning application has been Appruved Cor a new Shildon Alive Hub on this ljnd. Th¢ charity has purchased 75 Main Str¢¢t, Shildon a substantial 5 bedroom proF*rty which is adjoining the 4bove land. The land wi¢h il will allow for morc parking al the rear of the proposed 51tc alottg with housin8. Page I SHILDof4 ALfVE IREGISfERED f4UMBEIL. CEO18248) Report of the Trustees for the ye#r tnded 31 De¢¢thber 2023 OBJECTIVES AND AcrtVlTILS Publlc beDe(It Operat¢ d 'Shclves for all, %hrm¢ to all mcmbcr5 of the community. (Volunteer dn"ver5 T¢6¢ued 60 ts>Dn¢s of f￿d desI￿d for landfill, goes OTh our Sh¢lv¢s for all and cu5tomeTS come in and r¢5cue IL they fill their bask¢t with rescued food and Icave a dollation of th¢ir choice at the chc¢k¢)ut #feedbclliesnothins) Offer a meals oz) wheels service for houseb(>und rnembers ofthe commwiity. Support Ioc81 schools njn popup re5¢u¢ Prve such ev¢Dts. STRUCTURE. GOVERliANCE AND MANACEMENT Goyernlng doeument The elwity is ¢ontroUed by its governmg do¢umeDL a deed of tEUSL alld CODStinll¢S a Jimited Company. limited by 8uarant¢e, &8 defjned by the Companies A¢t 21MI6. REFERENCE AND ADMINISniATIVE DETAIIS Registered CompaDy number CL018248 Ibn8land and Walcs) Registered Ch*rity llumber 1184489 Registered fyffice 91- 95 Church Strett S￿'Id0￿ DL4 IDT Trnstees ReveTend C Harris Chair of TnJste65 Ms O Bainbridge A Farlow Ms D Truby Ms E J Crawford Ms K Maychell Reverand F c￿)per (appointtrl 19.1.2023) Mrs S Townstlld (appointed 14.92023) Independent Exxmirter Mr Nsg¢l ilea FCA Mirche115 Gnevson Chartered A¢countsnts Ketjsington House 3 K¢nsington Bjthop Auckland Co. DuTham DL14 6HX Approved by ord¢r of the tKsard oftrwstees oll 27 June 2024 atMI sigDoI on its behalf by: Reverend C Ham"s. Truslee Pag¢ 3 Ind¢pettdeDI Exxml￿er'5 R¢port ts the Thiste¢s of Shildtsn Allve Indeptpdent esamSDer's rel￿rt to the trwtees of Shildoll Alive ('the C(trmpw I report io th¢ ¢barity trLLStees orl Tny examitiatioD of the attounts of the Company for the year wded 31 December 2023. Responsiblltties and b¥sis of report As the charitys tsustecs of tbe COmp￿Y (and also its direckn forthe pwposes of coDJpally law) you tssponsibl¢ for the pr¢paraiion of th¢ accowits ill accordJnce with th¢ requirements of the Companies Ad 2(MJO (Yhe 2006 Act?. Having satisfied my8elf that tbe accounts of the Company are not Tequlled to be audit￿ under Part 16 of the 2006 Act and are ell￿ble for independent examtnation, I report in respect of my examinats'oll of your charitys accounts ￿ carried out under Sectiott 145 of the Cbarities A¢t 2011 (Ihe 2011 Acfj. Jn caTryiDg out my exan)ination I have ftsllowed the Directions ￿Yell by the CIw"Lty Commission under Srttt"00 145(5) (b) of the 2011 ACL Indtpelldent examlDer'$ stalemell¢ Sin¢e your clwity's 8TOSS in¢tsme execeded £2SO.(W yout exammeE musi be a n)embcr of a listrd body. I can confitm that I am qualified to undertake the ex8minthOU beuuse I am a It￿Mber of the Iostitute tsf Chattered Accountants iti England al￿ Wales. whi¢h is one of the ltsted b￿JIt$. I have completed ￿Y ¢xamination. I confllm th&t matt¢TS have ¢QLne to my all￿tiOn in cOnt￿￿on wÉth the examination giviTJg T￿￿ tAuse to believ¢: accounting records wue noi kept in resp¢ct of the CotDp￿Y as requutsl by Section 386 of the 2(kn ACL or the accounts do not accord with those records; or th¢ awouttts do not C4)Jnply with the aecounting requireTnents of Seetiots 396 of tbe 2006 Act oth¢r than any requirement that the accoullts 8ive a and fair view wbich is ttot a maltsr con8id¢r¢d &8 parf of independent examin￿10n. OT the accounts htsve not beeD prepar￿1 ID accordan¢¢ with the melbods and princwl¢s of the St•trm¢Dt of Recommended Practice for actOllDtiDg and reporting by ¢lwittes (applicable to eharitse5 preparing their aecowits its accord8n¢¢ with the Financial Reponing StaEJdaTd apph"cable in the UK and Republic of Ireland {FRS 102)). I have no toncerns and have come across no other ￿￿tterS in connc¢tion with th¢ exarnination w vAhich att¢ntion sbould be drawi in this report in orkn to enabk a properwIde￿djng ofthe accounts ￿ be r¢￿h¢d. MrNigel Rea FCA Mitchells Grievson Chartered AceouDlants Kensillgton House 3 Kensington Bithop Auckland Co. Durha DL14 6HX 27 June 2024 Pag¢ 4 ststeJneDt Ibf Financl21 Actsviti for the ye*r ettded 31 Detember 21123 2013 Total funds 2022 Total fimds Unr¢5tric*d Restri¢trd Notes INCOME AND ENDOWMENTS FROM Donations and l¢gacie5 59J96 49 59,445 41.147 Charit¥ble activiti Drop In Certtrc Crisis Support GardettinE ActiTrryties 501 3,105 228008 16J41 229Jllg 19.446 1,000 129,763 16.lJOO Other tradjng actiYiti¢5 Investment in¢ome 75,116 75,116 59202 Totsl 14Z3J8 246.198 251612 EXPENDITURE ON Ch*ritab]e actlvldes Drop In Centre Crisis Support Gardening A¢tivitses 67,711 4&llW) 142.216 16,176 211 2119,927 64,176 211 153.523 63.339 617 Tot*1 115 711 274 217479 NET INCOME Transfers between fund$ 26,5117 30.705 87595 311.7 114,102 34,133 16 Net mijvement ID funds 57312 114.102 34,133 RECONCILIATION OF FUNDS Total funds brougbt fonvard 14&785 3216 15alJOJ 117.868 TOTAL FUNDS CARRIED FORWARD 205997 60.106 266,1113 152 001 The no*5 fornipart of fi￿ancIal srat¢llLents Page S SHtU)ON ALIVE IREGisfERED NUMBEIL. CEIII8248) B41aMee Sheet 31 Deeembcr 2023 2023 2022 Total funds Notcs FIXED ASSETS Tangible &s$ets InveSt￿enT Prot io li 57.929 57.929 13,331 120929 120.929 76,331 CUIUiENT ASSETS Cash at bank 117.132 105563 222,695 173,436 CREDITORS Amounts fallin8 due within ¢)ne year 12 {11,O50) {11.050) (11.049) NET CURREffT ASSETS 1115 106.082 ￿63 162 387 TOTAL ASSETS LESS CUBJiENr LIABILITIES 227.011 iOS563 332574 238.718 CREDITORS Amounts fallit)g due after n10￿ than one y 13 (21.010 (Zl,1116) (30,717) ACCRUALS AND DEFERRED INCOME 15 (45,455) (4S455) (56.IK)O} NET A&SETS 6•.1118 266,11)3 152.IM)I FUNDS Unrcth¢trd fmnds ReStr￿Cted funds 16 205.995 (￿.1￿8 148,785 3.216 TOTAL FUNDS Th¢ charitabl¢ company is entided to exemption from audit Under Section 477 of the Compani&s Act 2006 for the year nded 31 December 2023. The me￿berS have not required the ¢ompany to obtain an a￿JIt of ity financi￿ ststements for the year ended 31 December 2023 in accordance wtth s￿l0n 476 of the CompaThi&s Act 21KI6. Th¢ tr￿fee8 ack]Lowledge tILeirttspottsibilttses for (a) ensuring tbat th¢ tharitsblc company keeps x¢ounling r¢¢ords that comply with sectio￿ 386 gnd 387 of the CoTnpanie$ Act 2006 and (bj pr¢paTing fillancial stat¢Tn¢nts wlu.ch ￿ve a tru¢ and fair view of th¢ state olaffairs of the chan"tabl¢ ¢ompany as #t the end of each fm#n¢ial yeaT 2nd of its or defiÈJt for each financial year in acconlance with the quiremthts of Sections 394 ktsd 395 and wlll.ch oth¢rwise compty with the Tequirements of the Cornpanieg Act 2006 Ielatkng to finao¢Jal statcmcnts. so faT applicablc to the ¢lwitsble cornpmy. Thc notes form p4rt of these fuJaDual strateM￿ts Pag¢ O ¢ontiTwed... SHtIJ)ON ALIVE IREGisfERED NiIMBER: CE018248) Bai4Dce Sheet- continued 31 Dttembtr 2023 Th¢se flnancial staternettts have been PT¢pared ID ¥eoxdan¢e witb the provisions appl￿1¢ to charitabl¢ companies subject to th¢ small compani¢s r¢g]rne. The financial ststements wer¢ approved by the BoaTd of TnLStCe5 and authori￿ ftsr I￿lle on 27 Jutte 2024 alld were signed on its behalf by. C-kk C Hams. Tn￿tee The nolcs form w of th¢se fiDtn¢thl ￿ernents PaBe 7 Notes to th¢ Financial Ststements for the yegr ended 31 Dteember 2023 ACCOUNfiNG POLICIES BASIS of prepat4ng ihe fjnxncisl statements The fjnancial statements of the charitable company, vthich is a public betsefit entity ullder FRS 102. have bee prepared in aC￿rdallc¢ with th¢ Clwitics SORP (FRS 102)'Accowiting and ReN)rting by Clwiiies.. Stst¢m¢nt of Rewn)ll￿ded PKa¢tice applicable ￿ charitics prepanDg their ac£ouDts in accordaDce with the Finan¢ial Rep)rting StandaTd applicable irh th¢ UK a￿d Republic of Tr¢land (FRS 102) (effectivc l January 2019),. Financial Reporting Standard 102 Tr Financial Reporring StaDdard applithle in the UK and Republic of Ireland, and the Companies Act 2006. The fiDancia] statements hav¢ been prq)ared UDdcr the bistorical ¢ost Convention. A]1 its￿me is reeogDised in the Ststrmeni ofFinancial knivits.es onc¢ tbe charity Iw entitletn¢tttio the fiwds, it is probabl¢ that the ineome be re¢eived and the amount can be measured reliably. Expellditur¢ Liabilitics are recognwd ￿ expenthture as SOOD as there is a legal or ¢onstrurtiv¢ obli8ation th¢ hariry to that exp¢nditure. it is pmbable that a traDsfer of economic ben¢ftts will be re(wired in 5ettlem¢n1 and the amouTJt of the obligatiop w be measurd rtliably. EI￿dID￿¢ 15 a¢(xbimtcd for on an accruals b&8is and has b¢en classified under beadings that aggr¢gat¢ a]1 cost related th the category. Where costs cannot be dircctly attrAbuted to p4Ttscuiar bcadiDgs they have allocatrd to activiti¢s ott a basis cortsistent with the use of Tangible fixed assets Depreeiatiot) is provided ￿ the followjng aDnual in ordcT to writ¢ off ea¢b awt ovet its ¢stimated useful Plant and MaCh￿try FixbJTes ond fittillgs 21Wp on cost 20Y• on cost Investment property Invcstment pry>perty is Sho￿ at rnost receDt valuation. ADY a88regate swpI￿$ or deficit arising from changes in foir value is rrfognis¢d tn th¢ Ststem¢4htof FiD8ncial Activiti¢s. Taxation Thc ¢b#rity Is exeInpt (x)ry￿)ration tsx on its charifabl¢ xttvitie& Fund ¥¢cowitiDg UDrestnct¢d funds can be Us￿1 in accordanc¢ with the d)ari¥ble objectives at the diwetion of the trust¢es. Restricted fijnds can only be used foT particular ￿￿ed pwp>ses wthin the objxts of the charity. RestrictioD$ arise when spe¢ified by the doI￿rOr fullds are raised forpartiadar r&stric*d Purposes. Further ¢xplanatioD of th¢ namre and pwpose of cath fimd is inclu(kd in the Dotrs to the financial st8t¢mellts. Pen51oD Costs and otber post-r¢tlrett)ent benefits The Charitable ¢omp2ny operates a defined contribution pellsion scheme. Contributsons poyable to the ¢baritabl¢ Companys peDsiorL Scheme arc dwged to the Stst¢m¢nt of FinaDtial Activities ID th¢ period to whith they Telale. Page 8 conlinued.. NotCS to the F￿an¢191 St%ttDleDts- eontiDued for the year tDded 31 Detember 2023 DONATIONS AND LEGACILS 2023 2022 Donations Gift aid 55,02 41,147 2023 2022 F(x)d and misc income 59.202 2023 2022 Rents Te¢eived DICOME FROM CHARITABLE ACTIVITILS 2023 2022 Aetivity Drop In C¢ntre Crisis Support Gard¢niD8 Aciiviii 229J09 19.446 129.763 16.0(X> Grants 249.755 145.763 Grants r￿Civ￿ in¢luded in the abov< are follows: Z023 2022 NatlODal Lottery COJTr)munity Fund- RC North East and Cumbria Region The Ftank & Phillis Tnw Fund Co Durham CoMM￿tty Troutylats"on DurlMrn County c.ouncil Awards 4 All KeyFund. NoTtbern Impact Furd The Finnis Scott FouDdarioD NatiODal Lotw Community Fw)d. Comrnunity Orgznisthon Cost of Living Livin Comrnunity Regenerdtion Fund Vir￿￿ Money Foundatton British Scienre Association Garfjeld Weston Foundatio Department for E(fvcation 73255 59014 27.953 99,119 S,(K)O 9,414 12,730 5.000 14.500 16341 5,000 1.000 25,IJOD 145763 continued... Notu to the Thandal Statements- eonthilled for the year ended 31 DeceEnber 2023 NET INCOMFJ(EXPENDITURE) Nel Jncornd{¢xpcndiDJre) is swed after ChaTglli￿{lTcdit￿g)." 21123 2022 Depreciation- ovrned as3¢ts 433 TRUSTEES, REMUNERATtON AND BENEFTrs There w¢r¢ tNsiees' reniuD¢ration OT othcr benefits for tb¢ y¢•T tuded 31 De¢¢mbw 2023 nor for th¢ year tnded 3 1 December 2022. Trn$t¢es' expen8es There w￿¢ no trLsitts' expells¢s paid fv thc year ¢Jth 31 D¢(￿ber2023 nor for th¢ y¢ar ended 31 D￿ember 2022. STAFF COSTS The average monthly number of en￿lOyeeS during the yearw&8 &8 follows: 21123 2022 Charitable activities Management Administration and cleanmg No empltsytts received ¢nKFlwtwÈts in exc￿ of£60,(th. COMPARATIVES FOR THE STATEMEliT OF FINAIYCIAL AcfiviTILS Unrestrided Restiid fwid Total funds INCOME AND END0WTr￿Nr5 FROM Donations a[￿ legaci¢s 40J42 805 41,147 Charitxble attiTrities Drop fn Centre Crtsis Sw)pon 128.763 14,500 129,763 16.000 1500 Other trading acttviLics Investt)xent income 59202 59.202 Total 107.544 251612 EXPENDrruRE ON Ch4rltable acti￿1]eS Drop In Cetstre Cnsjs Support GardeEJing Activities 15,389 60.339 138,134 153,523 63.339 617 617 Total 141.751 217479 Pag¢ 10 continued... Notes to the FIDanciai Statements- continued for the y¢*Y eDded 31 De¢¢mber 1023 COMPARATIVLS FOR THE STATEMENT OF FINANCIAL ACTivrriES- contiDued Unrestrirted Restrictrd fund Total NET INCOI4IE TrADsfers betweett funds 31.810 11.856 2.317 34.133 Net moyement Ill f￿ndS 43.672 (9.539) 34.133 REcof4ciLIATIOP4 OF FUFIDS Total funds broughi forward 105.112 12,756 117,868 TOTAL FUNDS CARRIED FORWARD 148.784 152.001 ID. TANCIBLE FIXED ASSETS FT¢ehold Plant attd thacbmery fittings Totats COST At l Jallu¥ry 2023 Additions 23.7811 8J87 32.167 At 31 Decernber2023 8J87 83.198 DEPRECIATION At l Jalluary 2023 Charg¢ for year 13995 4.841 18,836 At 31 fkcernber 2023 25 NET BOOK VALUE Ai 31 Decem￿ 2023 1069 57,929 At 31 DC¢Unb￿ 2022 3.546 ii. INVESTMENT PROPERTY FAIR VALI7E At l January 2023 and 31 Dccember 2023 NET BOOK VALUE At 31 Dec¢mbcF 2023 At 31 December 2022 63.0(K> Page 11 colltinued.. Notes to the FID￿tial StstrmeDts- continued f•r the YVAT eDded 31 December 2023 12. CREDITORS: AMou￿rS FALLING DUE WITHtN ONE YKAR 21123 2022 Bank loans and overdtafts (see noi¢ 14) Other creditors 9,71JO 100 9,699 11.oso 13. CREDrroRS: AM015rrrs FAIIING DVE AFTERMOBE THAN ONE YEAR 21123 2022 Bank lo￿ (see note 14) 14. LOANS An aDalysis of the of loaDS is given below. 2023 2022 Amoullts failing due within One year on demand: Bank loan5 9.699 Amounts falliDg b¢tw¢¢D one and two yeaT5". B8nk loaTL$- 1-2 years Amounts f4]ling due between two and five y¢at8.' Bank loaDS- 2-5 y¢atS li 21.017 15. ACCRUALS AND DEFERRED INCOME Deferred income cornprises of amouDts funders hav¢ paid Shildon Alive in advance for work that eith￿ had no¢ yet started or was intended for fiM￿e yeaTS. This Incl￿1￿ the following". 2023 20.944 2022 DCC- Fruit, Vegs and Egg$ Pled8e National Lottery Community Futsd- Community Oryanisatiots Cost of Liv]ng The Frank & Phillis Scotto Ttust Fund Garfield Weston Foundatiou British Sci¢llG¢ Association CIKF- Pov¢rty HU 24.511 20,(rf)O 25.(K)O 10.000 45.455 56.(KK) Pa8e 12 lltinue&.. SHtLDON ALIVE Notes to the ￿￿3￿(111 Statements- continued for the }ear ended 31 December 2023 16. MOVEME.NT IN FUNDS Net movement ITh funds Transfers b¢tween fLmds At 31.12.23 At 1.1.23 Unrestricted funds General tund Designated fimd 72J30 39,498 11993 (47J531 64,975 141.020 148.785 26305 311.705 205.995 Restricted Rcstiicted Grants 3316 87J97 (30,705) 60,108 TOTAL FUNDS 114102 266,103 Net movement iu fi￿g. included iti the aTrA)ve are a5 follows: Incoming Resources Movemeni Unrestricted funds Gencral fund D¢si8nRted fuT 129.977 12.241 (90,479) 25234 39,498 {12,993) 14ZJ18 (115,713) 26A05 Restricted futtds Restricted Grants 246,198 (IS&601) 87.597 TOTAL FUNDS 388.416 274J14) 114,102 Cotllpar%tives for moveTllellt ID fullds Net movement in fiujd Trdnsfer5 between At 31.12.22 At I.1.22 Unres¢ri¢t¢d fund5 General fund Designated fund 8),347 19.766 43,322 11,506 (55,839) 67.695 72.830 75.955 105.113 31.816 11,856 148,785 Re$tritted fullds Resthc*d Grants 12,755 2.317 (11.856) 3216 117.868 152.(K)I Page 13 c4)ntinued.. SHILDON ALIVE Note5 to the FiDantial Statemellts- continued for the vear ended 31 De¢tmber 2023 16. MOVEMENT IN FUNDS- continued Compardtive n¢t movement in funds, included tn the aly)ve are &s follows: h)comins Resoutces ¢xp¢ndcd Movcmenl In fiLnds Unrestrieted funds General fL￿d DeSi8naI￿ 107.544 (64,222) 11.506 43.322 11.506) 107.544 (75,728) 31,816 Restrleted funds Rcstr2Ctcd Grants 144.068 {141.751) 2.317 TOTAL FUNDS ?5].612 217.479 34.133 A Current year 12 month5 and prioryear 12 Tnonth5 Comb]D￿ position is as follows.. Net oTrement in funds Trdnsfers Al 31.1223 Al 1.1.22 funds Unrestricted funds General fund DesigD8t¢d fijnd 85347 19.765 82.821 24.499) (103.193) 145.754 64,975 141020 105.112 58,322 42,561 205,995 R¢stricted futtds Resth¢ted Grants 12.756 89,913 (42,561) 60.108 TOT.4L FUNDS 117.868 148235 266,103 A current yeat 12 It￿￿￿$ and prior yot 12 months wmbincd net movement in funds, 1￿Cluded in the above ar¢ as follows= Incoming Resources rxpen41LNI Movcment in funds Unrestricted furb General fill)d Dcsigtmted fund 237.522 12240 {154,701) 82.821 24.499 249.762 (191,440) 58.322 Restricted funds Restticted Grants 390266 (31N),353) 89,913 TOTAL FUNDS 640,028 4917931 148,235 Page 14 contiTbued.. SHILDON ALIVE Notes to the FlnoDcial Statements- continued for th¢ year endtd 31 Decemb¢r 1023 16. MOVEMENT IN FUNDS- contillued Transfers betwe¢n funds Capllal Grant for purchase of Land C#pital Grant* of £30.705 were received from The Frank & Phillis Scotto Trust Fund during the year ioward5 the purchase of the land at 77 Main Streei, Shildon. As the land hw been pur¢ha5ed before the y¢ar end th¢ rcstTi¢t¢d fiLttd ha5 b¢en transf¢rr¢d to unre8ttict¢d (dcswiated) funds. 17. RELATED PARTY DISCLOSURES Shildon Alive was originally port of The Parochial Church Council of the Ecclcsiastical Parish of Saint John's Church, Shildon. Upon re8j8tratiot) the PCC donated bonk fund5 of £41,662 and fixed assets of £1 I,IM)O 10 Shildon Alive. Page 15