REGISTERED CHARfTY NUMBER.. 11fj4934 REPORT OF THE TRUSTEES AND FIPIANCIAL STATEMENT8 FOR THE YEAR ENDED 31 IURCH 2024 FQR SOUL FOUNDATION 8OUL FOUNDATlIW4 CONTENTS OF THE FINANCIAL STATEMENT8 for th• y•ar •nd•(131 h1arch 2024 R•port of th• TnMto08 1 to 3 Indo￿ndOnt Examlnoeb R•port statwn•nt ol Flnanelol Acllvltlo8 8akn¢e Sh8•1 Not•s to tho Flnan¢lAI Stalementh 7 to 13 80UL FOUNDATION REPORT OF THE TRU8TEE8 rorlh• y•ar •ndod 31 mO￿h 2024 The Trusl•e8 pre8•nt thelr rewrl arKI th6 Indep8nd8nlty ex8ft￿n￿ lkndndal 8t8t8mgnt8 of th6 ¢hwlty fcr the year ended 31 March 2024. Tho truB18es hav8 adopled the provk*lon$ of the Staternent of R8comrneThY8d Pracucg (SORP} 'Accounllng #nd Rep￿[nO ty Cliarlyos. In pr8parlng ts annual xeport 4fKI flnanckl Btstsmgnts of the charity. The fln8nclal 8tat8ments havo been In aocordanee the accounllny p)Ild88 18t out In note8 to tho accounts and cwnply with the ¢h&iity's ￿vernIng documenL the Charltres ABt 2011 and Aixounllng Bnd ReKXXtrng by Chartlles.. Slatemenl of RecomThnd8d Praca*e wJtc8blg to preparfng Ihetr 8co)unfs In 8ccor(18nc8 wlth th8 Rnerwsol ReporUrwJ Stsndwd Bpplubfe in the UK and Republlc of Irdand publistr￿d In O¢Xober 2YJ19. OBJECTIVES AMD ACTIVITIE8 ObJ•ctlvb• and alm* The charws mI88bn to Glvo hop8 to the deswmts. re8torfng dlgnlty. ty gndlng cyd88 ofiThty, &Jdlclon, 4bus8 and vblgW. Th8 diarlVB airns are to WO￿ In tho ¢ommublty and b8￿d. lo proThthe ipGial justkg, mercy, acCo￿￿tIlmy, restorau￿ and hope. Publlc Thg trustees nave referred to tho Ch8rtty Commlsskjn's guldanc8 on rgporttng on publk ben8fi1 1¥eCd￿ 17 of cha￿￿06 Act 20111 Ythen r￿ewIng ts chwtV8 alm# objothw and when p￿nr￿n9 tho charitV8 acttvllos. Tha trustO68 8r8 th8roforo ￿L￿fIdent tha th8 oharty m&el8 thè wbllG be￿fil r8qulrem8nts. Volunl•ern The bulk of thg ¢horitys d8y to day $1rvlGes ara run by unpakl NDlunteers Irorn th8 ￿mMUnIty. The86 p8opi• gbvo up Ihelr lim8 w¢ek after w••k to help othars. ACHIEVEMENT AND PERFORMANCE Cho+lthbfè a¢tivlti The (4iarJty's work foawd around dellverlng (wilty proJoL* and wvicas wNGh promots thè (*wVs prinGIp81 atms and objthes. Durfng th$ period the chadty opar4tod acUvlllèB under heodtr¥8 0f.- SOUL GLOBAL BUPPL¥ts and pathgJB wtth ml88lc4)8 8¢rog9 tho world, buNdlng relatknn$lW and $￿Ing irrto thelr worf( to mako o In the fves ofolhgrB, LOVE CHRISTIIA8 porlngTs wlth Ic￿1 tthlnès6&8. b¢hoo18 and IndfrAduaf8 to pmida glfts for tIKJ8• in need and who may not receive a glft ClheTh￿Se. 80UL ￿LLBEING offertyj a swlbelng w88W Support oroup ts prO￿de support to those in I￿r local mmunlty who struggled wlth mentsl hèalth 156ues, Our VO￿nteerS 8Thd tood to value l)ulld rdotlon$hip8 wlth thoa0 In n8p%I. SOLIL FOOD operalqs a Bpdal 8wmarkot alkAAng dlents to purthago k)w eA)6t grocerle8 oU)8r JU8ehold items. SOUL IN THE Grry 108ds Iho homel888 0f￿r dty a#¢h woeK t4￿n0 a hol mè81 addluonaf cdd f(KA to halp rfgfit th tha hwrt ofour¢ty. SOUL RE8TART offgrs free trslnlno wur888 alm￿ at omFowgthg Inthduals to h8Jp Ih8ms8lvo8 oul crf P•. rncludlng CAP Job Club CAP Money. Pagè 1 8OVL FOUNDATK)N REPORT OF THE TRUSTEES for th• rnr ¥nd•d 31 March 2024 FINANCIAL REVIEW Prlnclpal lundlng •ourc Tho In¢e4na ofthè ¢hty w88 up of vclurrtary donatlon8 aTrJ grant Incomo. Inv•sthient pollcy llnd obJBctfv•J Tho trust8gs arg 8mpowor8d to Invest fvThJ8 in a manner ttPPmFfflate to the flnanclal requIre￿nts of the ¢hwlty, hA￿ng regard lo the security of Inv86tm8nts made and the requrements of the Charity commissic￿￿8 ots, Thg trust80$ hold c8d) In a ¢Lwrent aco)unl to en8ur• tt L8 avollable for ¢k0rftab twrF¥)885 at 8hort not￿. R••errn8 pollcy The charW8 urweytiicled re8eNe8 are wresented mosly by o88h at bank and In hand. Tho trust809 con81(ler th81 unr68trkted re88rvo8 Bhould bg $ufflctgnt to coyer th6 tharltys planned 8xpèndliur8 for the fore8ee8bte future. The tharfty haj estakAhhed ￿&tr￿t￿l fund8 for 8pwAnc act￿rd&S ofth8 charlty. Flnamlal posltlon". Thorg was a d8f￿ of£58.5￿1 foi tho perlod Ythh tijtsl of £191,295 hekj at the ernl of tha ￿rti￿. made up of £108,129 unrestrlctod ￿ £03.166 ro9tii(a8d funds. ThlA dgficit in Iln8 wtth th8 charivs pl8ns fc thLg year. havlrvJ rBlyed rylgnthant futh In Iha Pr￿lou￿ year to fur¥J th& Eub6tartlal L))Bt8 of SOUL FOOD throughoul the C4￿ndary9ar 2024. FirruRE PLANS Golng forward thg fo¢¥Js VAU be on malntslnlro and ￿￿)pIng 8eThk*s and ¢rnunlty projects durlng oeonomtc tlmos. ThB.c17arity wlll onty develop and de]￿￿T new whk41 d88ty meet the tharIty￿ and obleLkns a￿1 whkh add real va￿e to Fwple arxl k>c81 ￿MMur￿l￿$. The fo￿1 d18tributicn programm8 h85 ￿nsItIOned to a 8oclel 8Lyemiarket allowts¥ dlents" lo reglster aThJ galn ￿ce8B lo lry+V Cost gr¢J¢w￿9 and othgr househdd items, STRUCTURE QOVERNANCE AND MANAGEMENT c￿￿rnIng d4)cum•nt The charity IB a Chgrftth6 Inclxpxatsd o￿aniBation• govemod by Its ¢on8Utsrtlon datsd 15 Avou8t 2019. R•cNltm?ntand appalntrnqrt of now trnstws Thg lloveml￿ docufftont Ntatss thal there mu¥t b8 01 least ts¥o trust88S. Qryanlsallonal 8tructur• Day to day ￿n￿OMent of tho charfty 1$ In the h8nd8 or th& tkwsteos. The bo8rd of tru6tsos meet rogul&1y for forn￿1 boord nweungs at whlch they rèc8fve detall•Y #nd financial reports. They also di8cuss key ol&X8 8nd Ideas, 8ore8 and reNlew pollcl88. r8Nlew prc•Jre88 and monllor pwfom7an(*. Inductlon and trnlnlng of trn#t••s In 8gloGtlng new IndMdu8J8 for ￿poIntMont B8 trv8tO88, th8 oxF8Vng tru8loe8 havo règord to thg 8klllB. knowl8dgo exp8rten¢& needed for th& gffoQtfvo admlnl8traUon E>f th8 rJ)arfty. Th8 ¢h8rty doo5 not currenty hav8 forn￿1 8y8tsms kn place for the Inductton dnd tranlnu of trustees however new trust88s arg btlofed on thelr18oal obllgauons 08 Iru6teg8 und&r chartty 18w, th8 contBnt of th8 chorftys govomlng (kn¢umgnt and th¢ dfjd8lon maklng NDCO56. Thg trus*oeB make avallatAo to each n&w truste8, on their flrsl oppolntrnont, 8 copy of thg ¢oTrsUtutlon WKI a copy of tho C￿rfty'$ 19tesl rnpyt And glal*rnnt of accounts. Rlgk managwb•nl The trusleo$ h8v8 a duty lo khntlfy and r•Nkn tha rtsks to thi4Jh the tharfty 1$ exFwgvJ and to ensur8 8pprowl8te control8 arè In pLqc8 to provlda r&A80nablé a88ur8nc4 agaln81 fraud and error. The board of Iru8tse8 re¥￿ tha r18ks rf th& ctharfty on a regular ba818 and have ￿PI￿ented pollclos and procedures to rnrf(vJ8tè èxposum lo theBè rith8. SOUL FOUIIOAnoN REPORT OF THE TRUSTEES tor th8 y•ar ended 31 Mar¢h 2024 REFERENCE AND ADIAINISTRATIVE DETAILS Reglsttrèd Ch8rlty number 1184934 Prlnolpal addross 55 He3rt5ease Lana Norwich Norfolk NR7 9NT Trustges Pastor J Norman K Rawlln90n R Maye8 C Wea117W8 S Ginn Y Bennett-Granl W McKlnney Indgpend•nt Ex8mlner Sgxty 8nd Co. Chartered Certrfied Accwntonts 8Fkl Registered Auditory4 124 Thorp6 Road Nomch NRI 1RS STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees are respon5iblg ksr preparing the Report of the TNsts#s and the flnanaal statements In 8ccordan¢e with applicable law and United Kingdom Accounllng Stsndards (United Klngdom Gengralty Accepted Accounting Practicel. Th& law 8pplic•ble lo charilies in England and Wales, the Ch8fFli*s Aet 2011. Charity (Accounts and Reports) Regulations 2008 8nd Ihtr provislons of the trust d88d iequlTes the tnjstaes to prépare financlai stslenents for eaGh financial year wh*ch grvg a trvg and fair view of th• statts of affairs of the chartty 8nd of the Incoming r8sourc8s and 8ppllr2b.on of resources. including the In¢ome and expendltur8. of th• charty for that perlod. In preparfng Ihosg flnarKlal 8talgm8nls. the Iru$tstrs are requlred lo select suitable accounting policles and then apply thern conslstsnty: obsgrv8 tho mothods and PTincipl8s in the Charity SORP. make judgements and estimates that arg reasonable ar)d prud9nl', stale vthelher applk8ble a￿)untIng standards have been fuif¢wed, subject lo any material d8partur85 disclosed and exp18ined in the fnendal slalernents.. prep8re th& financial st8tements on th8 going concern basls unl&$$ it 1$ Inapproprlate lo pr86ume that th& chadty will conllnue In business. The trustees arè r&5ponslble for keaping proper accout711ng racord8 which di8dose wjlh reasoneblg accuraey al any time the f nancial positlon tsf the i*arity 8nd lo onabla them to 8nsur8 that the financtal ststorngnts comply with the Charities Act 2011. the Charfty (Accounts and Rep￿) Regulatson$ 2008 8nd the provisions of th8 trust deed. They ar8 also responsible lor safeguardlng the 8888¢8 of th8 charity and hgnce for tsklng reasonable steps for the provontion and d$to¢t[￿ of fraLKI and other lrr0gula￿9S. Approvod by orller of the board of trustees on ........ . and slwd on Its b&half by.. J Nomi#n /Trvstee Pagg 3 80UL FOUNDATION INDEPEMDENT EXA￿*HER's REPORT TO THE TRUSTEES OF SOUL FOUNDATION I report to tho chorlty tru6teos on my examln8tl¢w of th8 aLuunts of the Soul F￿nd￿￿on {1￿ TruBt) for tho year Mded 31 Marth 2024. R•sponBlbllltlu and baglv rf v•port: As the chwlws Irusl¢èB you are responBlble Icf tho prnp8ratlcffj of tho arrnunt8 In aLv)rdanGe tho r¢qulrgments ofth6 Ch8rftles Act 201 I Ilha Acv). I rgport In rg8pgrt of my oxanqnakn of the cha￿8 acuunts carrfed ￿t undgr ￿Cl10n 145 of the kl and In rylng thjt my 8xarrlnMUon I hav& frAbvMd ajl Ihe applICab￿ Directlonh gfven by the char￿ Comm[8￿0￿ undor sacuon 14515)Ib) ol tho Ar Indewndonl ex•mln¢rfs 8t•toment., Slnc8 thè charfty'8 gross Incorne exceeded £250,000 your ex8mlngr mu8t be a mgrt*r of ¥ body Ibted kn sect1￿ 145 of the A¢t. l ￿nfirn thBt l am qu￿{fi8d to uTrYertaka the examlnatk)n because 18m a member of knoc4alon of Chartered CerllTred I££￿n18Th￿ 64CCA), one of the IL8ted ixxllos. I have complot4d my exarnlnalSon. l ojnflm) that rn materfal matter8 have wm8 to my 8tterfon h (Thnedon wHh the examlnouon glvlno me c4uBo lo bolleva that In any rnalerlal r8$ O￿ntIng recordB were not kgpt In respect of tho ch8ffty a6 rgquked by soGtlon 130 of tho Act or the a￿t8 do nolac￿d Ihoso twds th8 acwunts do not comply wfth th8 applirablo rnqulrém8nts concemlng tIFe forni and CC￿tent of accwnts Set out In th8 Charltles IAfmunts and Raports) Rtyulollon8 2CKI8 L*her thon ary roqulremeni IW the aC￿ll￿ts give a and fair whlth is not a mattw consldered as part of 8n 1nda￿dant èxamlnalon. I hAVè no c#)nwng and h8Ve cM)e a(¥088 no other motters In (f)nn9CY￿ wlth Ihe examln8tlDn to whlc attenlon 8ho¢JbJ be dravm Sn th18 rep)rt In onler to onabl• a propor unilétstardng of the acc(A￿t8 to be rooch￿. A M Orvo6 FCCA FCA For and beh811 of Sexty & Co Chartered Gertlfled A￿Int8ntB & Reg18tered A￿1 124 ThorFé Road NOTr￿Ch NR1 1RS Pago 4 SOUL FOUNDATION STATEMENT OF FINANCIAL ACTIVMES for the endod 31 Mareh 2024 2024 2023 TolBI fiJnd8 UnrB8tr1obJ Re8ffi¢ied fundg lund lund8 INCOME AND ENDOIINEprrs FROAI Dmttons Wcie8 127,424 214,366 166,784 Charttablg 8cflvlU 72,655 72,655 57,532 1nvB81r￿nt Incom8 Total 127.427 159,597 287.024 224.320 EXPENDITLIRE OH Ral8lng fund8 {25) CharKabl• a¢tlvltl88 Charliable Activty (128,871) (216.743) (345,6141 {294.6511 Total 1128.871) (218,743) (345,614) 1294,8761 NEf INCOME (IA44) {57,14O) (sa￿90) {70.358) TrAn8fets between fund• (51) 51 NEf AIOVEMENT IN FUND8 (1.4951 {57,095) (58,590) (10,356) RECONCLIATIOPI OF FUNDS Tètsl funds broughl foMrd 109,624 140,281 249.885 320,241 TOTAL FUND8 CARRIED FORWARD The nots8 bmi O ofth6s0 flnan¢lol 8tatsm8nt8 SOUL FOUNDATION BALANCE SHEET 31 March 2024 2024 Total fund8 2023 Total n¢Js Unrestricted R$str￿ted lunds fund6 Nt)tes FIXED ASSETS Tangible assets 12,465 6.409 18,874 30.5TI CURRENT ASSETS Stocks Debtor8 Cash at bank and in hand 3,300 3,300 14,212 181378 11.080 1.513 10 14.212 107,973 122,185 76.705 198,8 CREDITORS Amounts falling du8 within one ytrar f1 126,469 128,469} (41,640) NET CURRENT ASSETS 122 185 172 421 219308 TOTAL ASSETS LESS CURRENT LIABILITIES 134,650 56,845 191,295 249.885 NET ASSETS 134,650 249.885 FUNDS Unrestrtcted fijnds R&slricted funds 12 108,129 109,824 140.261 TOTAL FUNDS 191,295 249 885 The fi ancial 8tslements were approvad by the Board of Tru8te8$ #nd 8Uth￿l$•d for issue on . were slgn•d lis bshall by. J Nomikn- Trustee The notes form part of thesg financial 8talvments Pagè 6 SOUL FOUNDATION N(yfES TO THE FINANCIAL 8TATEAIEP for th• y•ar ￿d•d 31 Ala￿h 2024 ACCOUPMNG POUCIES B481• of prnparing tho lknanclal 8tAtom•nts Thg chartty con6tMutes a publle b8riofft onttty 89 do1[n￿ by FRS 102. Th9 Tr￿n￿al 8latomonts havg boen pr8p8r6d In a¢¢ffdance wkn Attwntlng RgForlng ty Charfll8s: Statement rf RecommoThJ8d PracfKo appltcabl8 to th8rt119s preparfng tholr actow)ts In accor(lanco wlth th8 FIna￿lfil Repol￿n9 Stsndard appltcaw? In Ihg UK and Republlc of lrn18nd 186u8d lft Octob6r 2019, the NTranclal Rgporthg Standard &p￿le#ble In Ihe Unftwj Klngtyom Rapubllc of IreLand (FRS 102). tho CharitK*8 Act 2011, UK Gener8Uy AGceple(l Ar￿untIre Pracllcè. Tha flnanclal tatements have L*on prepared thg hi8torlcg1 c¥)sl convth. Incom• l inLxJme l& rwlwl in thg Sfalemenl of Fin#rthl ActMtbB once ts chaHty h88 gnlluemarrt lo th fvrKIB, It18 probablo that th6 Incomè WIV be rg¢8fvgd and the an%￿nt can be rollabty. Grants Incom6 trom grants, whèthgr'capffal. granfs or'revenv8' gr8nts, are whBn oharity h88 enllUan￿nf lo tho fu￿18. 8ny perf￿Man¢9 ty)ndltion8 attac*8d to th6 grants have bg•n mot, It prob8bl• thJt th• h¢omo wfii bo r￿a￿ed th& anxyjnl can be mea8ured relFabty ond 18 not Expondltur• lJabilillB8 are rocogni80d a8 OXFendlkne as Swn as there 18 a *oal N (t)nstr￿ obllgallon ccmmttUrvJ th8 charlty to that expendlurn, It 18 sYobabl8 that a tratr¥Tgr of e¢onc4rl¢ kengftts will bo raqulr8d In sgtttgiiient and th& amount ￿ the obllgauon can b8 measured relL8bly. ExpendI￿re Is accwnlod for on an aGcruab basfs and has bg8n cla881figd under headkys thol aggregat6 all related lo the cat•gory. Where costs canncé dIr¥cl￿ atfrlbuted to parfkL4ar hggdngs Ihty h8Ve baen allocat￿ to a￿￿1110$ on 8 bas13 ￿nSIstent w￿h the use ofrwurr*s. Ral8lng fuNd¥ Costs ol ￿neral0￿ I￿0￿8 thDBe IrKurr8d In Beeking voluntsry COn￿bUll0n9 Bnd 0th8r In(xTh ggnOTallLw, axamplo. the 8SBocbtgd wtth runnlng &v8nts. Governonu costs Govwn4nco cos18 *)dude th0￿ Ir￿rr0d kn tho govgmenoe of the t41arfty and Its 888ats BThl aro prtmarity 8880clat8d with cOnsttknUon￿ And statLrtory réqulrwen Tanglblg fix•d M••ts D6prec4ation Lg prorfded at th¢ foll￿￿ng annual rate6 In order to off ass81 ov8r 118 esUmatei1 usefijl Irre. F￿tUrnS and fittlt Motor vehlde8 25% on ￿lUcIng bal8nce 2VA lo 33% cn c￿t stocks St(tks ara v81u8d 8t ihe S)w8r of ￿t and ngt reaUgabl8 value. ahr majng thjg allowan(* for obsol6te and slow moving 5tem8. Voluè 4dd•d tsx Thg ohadty 18 not reg18tsred TN VAT #nd ocL¥xdlryly. all cogt8 Induda krocovorablg VAT %th818 aprxoprfots. Voluntwrhe Thg Vok* ofany volurrtory help recow 18 not Ind￿8d In the flngndal Slatem￿S bul 1$ d8sorib8d sn the tru81a08 8nnual rewvt. Fund accounti UnT￿tr￿t¢d fij￿13 can bo Us￿ In wlth th& C￿rttab￿ ol¥eclhffjg 81 the dL8crelitin of the tru6tg88. De$YJn8t¢d funds ctynFXitse unra8￿Clad [￿dE that hav8 bèan aat Aslde by the tnJBt888 lor p8rtlcular purpoB88. Pag• 7 nunued... 80UL FOUNDATION NOTES TOTHE FINA14CIAL STATEMETrifs- contlnu•d forth• yw •nd•d 31 March 2024 ACCOUMT•IG POUCJES . ¢onllnuod Fund accountlng Rg¥tr1(*gd fvnd8 only b8 u8fjd tr)r p￿rticU￿r roslrlct8d purkws. thg obig¢ts of the tharity. ReBtrlcaion8 8rt8è whèn $p¢¢lfl&l ty the donar or when fimd8 are r8J86d for a partl¢ul8r re8trloted purp089. Furth•r tsxpl8n8tknn of the nabjre and wrpoae of each fund18 I￿0￿ In nots8 to Iho ffnanctal 8ts18meftts appYoprSato. Deblorn and 12r•dnor# r•e•l¥Abl• I payAble wlthln on• ￿ar D8btor8 and cr8dltors vAth no Stat￿ brtgrg01 rote ond r9C9fvablg or poyal￿O wlthln ong y801 arg r￿￿￿1 at tr3n8actkJn prfee. Oolng ¢on¢fjrn The fknanaal stattsm8nts have been Fwepared Dn a going rxrt8m ba8is the tru8teBB believe that no material utKortalndes exlsL Th8 Iru8t888 havg consld8MI Ihglovor of funds hekl 8nd tho exp&ct8d bvel of Incom6 afbj e)pendliure for 12 months from auth)rfslng these ffnandal statemants. Tr8 budget&d Ikxx>me 8iNI expenditure is sufficlenl wKh the level of ￿eNe8 lor the th8rfty to be to nttnu8 85 a golno conixn. Publk b•n•llt Soul Foundallon meats th& dafflnftlon of8 publk benefft •Th￿ty under 80RP 2019. DONATIONS fvJID LEGACIES 2￿4 2023 GronL¥ Don8tlon8 Ghl ald Grft athd donatw)ns rgc4iv• Don8ted $W￿c&S ¥nd 18¢Th 43.182 110,3 {274 4eiJ 13,170 124,446 920 Ttth86 totsltng £71391 havo b8on r8da08hl8d from grants tr) dorHtlons kn U)& wmpwatlvg fwr98. CKARITABLE A￿1VITIEs 2024 2023 SUp￿thI Pag8 8 continued... 80UL FOUNDATION NOTE8 TO THE FINANCIAL sfAIEMEfrrfs. contlnu for the yw •nd•d 31 Marnh CHARITABLE ArnnE8 COSTS Dlr#c4 Supwt Cc*ts (Bee Lwts1888 nrAg 51 t88) Totsl8 Charftabl•AthMy 213.968 DIRECT COST8 OF CHARITABLEACTfviTIE8 2024 2023 Equ￿ment htr8 In8urnn( Postagg, prfntkng, 8nd $t8l1un￿Y ALfvertisi Food purchases M18cdlaneou$ tharftstA9 uJsI8 V8hld¢ and travel fA)8ts Rep8lrs arKI renawal Support for OV8rn885 projects Ckjlhlng Renl of w•mtS88 LWI and haat Telgphone Dep￿￿akn L088 on dlgrwol ofthd asseta 8,271 1.002 190 12.983 1,687 174 109.925 19,195 12.678 16,￿7 26.608 3.738 4.6FO 1183) 43.180 40.284 6,904 8,163 28,720 2,177 16,SS0 2,612 11 11,703 12,488 SUPPORT COSTS Man8gf•mont 18rg Contracto[8 14,400 TrUSTEes' REMUNERATION AND BENEFITS Ther8 wwe no truBts88' remungrglton or olh8r h￿18fft8 for the year ended 31 Marth 2W24 nor for tho perth gndgd 31 Marth 2Q23. TiustoèA' •ynJ•8 Th8re w8r8 no Iruetses, gxpenBe8 pakl for the yoar gndgd 31 March 21f24 nor for tho pgrbd end9d 31 2023. P899 9 ntinuad... SOUL FOUNDATION N(xfE8 TO THE PINANCIAL STATEhlENTS- ¢ontlnuod for th• ywr •ndod 31 M•rGh 2024 TANGIBLE FLXED ASSErs 8Tr tlttlng8 Motor ¥ohld88 TrtBL8 At 1 Apdl 2023 10,683 37.000 47,683 DbpDsal8 10,683 37,0 47.683 At 31 2024 DEPRECIATION At 1 Apdl 2023 Ch8rg8 for y Oknp08aEs 9,439 703 7,fj67 11.000 17,1C 11,7Q3 10.142 18,6ffl At 31 March XJ24 NEf BOOK VALUE At 31 March 2 541 At31 Marth2tr23 QGKS 2024 2023 FknL8h8d &Y)od8 10. DEBTORS: AMOUNf8 FALLIMG DUE wmiiN ONE YEAR 2023 Tr8de debto Other deblrys Amounts owed fiDm Soul Churrh Prapaymtynts and a(%rued income $12 13.129 541 50 403 11. CREDITOR3.. AMOUNT8 FALLING DUE WITHIN ONE YEAR 2024 2023 Tr•J8 u9d11￿5 rual¥ & dof¢rre￿ Income knxjunts owed to Soul Churth JTh)unts owetl to sEr Othér cr8dttorg 1,723 8,812 9,321 2.281 51NJ Pago 10 )nllnu8d... SOUL FOUNDATION NOTES TO THE FINANCIAL STATEPIENTS • ¢ontlnu•d for th• ygar ond*l 31 Ma￿h 2024 12. IIOVEMENT IN FUND8 Tran6for8 mov8menl tthen Ill fiJnd8 lunds At 1.4.23 31.3.24 Unrn8trlct•d fund• G8n8ral ￿nd 109,624 {1.4H) (51) 108,129 R•gtrlct•d fvnd• Flx¢d A88ets Restrkted Fund FotKI Rgstrictsd Fund Love Your Nelohbour Reg1rf(1od MISC Ra$trfctBd Fund 30W8 103,068 {511 (11.7031 (52.110) 18.873 50,958 51 83.166 TOTAL FUNDS 191205 Not In lund4 Incfuded lrt the abovo ar9 a8 follows: Incomlrg R080urcg8 Movemant r¢#owceJ •xpMded In funds UnMstrf¢t•d fvnd• Genernl fvnd 127,427 (128,871) (1.4M) R•¥lTictod fvnd• Flxed ￿Bets R￿t￿Cted Fund Food Rastrttted Fund Lo¥8 Your Ndghbour Rg8trIGtsJ Mt8¢ Rt$tricknJ Fund (11,Y03) 1151,T07} {s0.NJo) 333 (11,703) (52.110) 99,597 50,000 8,667 216.743 TOTAL FUIID8 287,024 {345,614} <58,590) P8go11 cortkned... SOUL FOUNDATION NOTE3 TO THE FIIIANCIAL STATEMEp¥fs- Contlnugd forth• ygor ond•d 31 MAr¢h 2024 comp￿￿¥￿ for movom•nt In funds Nel Tran8frr¥ At 31.3.23 At 1.4,22 In funds funds unm￿1¢1￿ fund• ¢3eneral fund 138.636 (&437) 120.6761 1CQ,624 Rè#trfcted Ft