CHARITY REGISTRATION NUMBER: 1187796 EPIC TEESSIDE CIO Unaudited Financial Statements 31 March 2025 S J ACCOUNTING SERVICES NE LTD
EPIC TEESSIDE CIO Flnanclal Statements Year ended 31 March 2025 Page Trustees, annual report Independent examinerfs report to the trustees statement of flnanclal activrtles Statement of financial position Notes to the financial statements
EPIC TEESSIDE CIO Trustees, Annual Report Year ended 31 March 2025 The trustees present their report and the unaudited financial st8lemenls of the charity forthe year ended 31 March 2025. Refer¢n¢e and administrative details R8glstored charlty namè EPIC TEESSIDE CIO Charlty roglstration number 1187796 Principal office Primrose Hlll Communlty Centre Appleton Road Slocklon on Tees TS19 OHL Thé trust8•s M Surlees Mr P Surtees M8 D Cann Mr K Williamsorb H Mcshane (Appolnted 21 October 20241 (Appolnled 12 June 20241 Independent examlner SJ Accounting Servloes {NE) Ltd 3 Galava Walk Ingleby Barwlck Stockton on Tees TS17 5JD Structurè, govèrnan¢è and managemont EPIC TEESSIDE CIO Is a Charitable Incorporal&d Organisallon ICIOI, Incorporated on 6th February 2020 and Is governed by Its conslilullon which was aéapled on 6th February 2020. The CIO is admlni5t•red by a managemonl committee. Objèctlvès and aetlvltlos To further or benefit the residents of Newlown Ward and the nelghbourhood wilhoul distinction of sex, sexual orientation, race or of political, religious or other opinlons by assoclaling together the said residents and the local authorili¢s, voluntary and other organisalion In a comrnon effort lo advance education ané provido facilities in the inte91$ of soclal welfare for recreation and leisure time occupation with tho obje¢live of improvlng the ¢ondlllons of Ilfe for the residents. In furtherance of the objectiv05 bul not Othe1$?, thè Iruslees shall have power.. to conlSnu8 to maintain and manage Primrose Hill Commynily Centr8 and work alongslde the slatulory authority in the maintenan¢e and management of the ¢enlre.
EPIC TEESSIDE CIO Trustees. Annual Report {continuedJ Year ended 31 March 2025 A¢hievements and performanGe Durlng thls flrtancial year EPIC Teesslde CIO have experlenced several changes. Flrslly, our CEO Paul Surtees retired after 8 successful years bulldlng the organisatlon. Paul is now a Iruslee and continues lo be a valued member sharing hls many years of youth and community development experience. Some of our key achievement8 are outlined below. Our first key 8chi8v8menls is our partnership working which has further devèloped during this financial y8ar. During this period, we hav8 appointed a community development co-ordSnalor lo work alongside JulSe Derbyshire our Community Development Manager. Our community development Cordinal0r work$ very closely with all partners leadlng on new aclivilies, consulting wllh the Communlty and ernsuring our delivery meets the needs of local people of all ages. Epi¢ have ¢onlinu&d lo work In partnershlp with Shape the Play and Easlarn Ravens Trust. We have developed a new partner8hip with Groundwork NE. Epic Tetrsslde commlsslon Groundwork to deliver 20hours per week communlly éevelopment aellvity wilhln the Prfrnrose Hill Communlly Centre which Includes Deliverlng a Youth Club for S- to 8-year-olds, Mother and Toddler Group, Hollday Programmes for 5- 10 8-yearIdS, Grow Your Own Prolect, cooking courses and Demenlla and Parklnson's Friendly support group. Shape The Play - oontlnue lo work very olo$e wllh Epic Teesslde providin9 lols of health acllvllles on regular basis as well as parllclpallng in one-off projects. Our relalionshlp with STP will continue lo grow and develop durlng the forthcomlng year. Eastérn Rav8ns Trust {ERT} have contlnued lo work In partnership with Eplc to deliver our hollday activity programmes for 8- 10 14-year-olds. ERT continue to deliver our youth work for 8- 10 14-year- olds. We have worked with Eastern Ravens Tru51 for many y83r5, staff, young people, pats and guardians value the relationships and trust we all have with the t8am. Thlrteen Houslng Group.. We are extremely grateful to Thirteen Housing Group for both financlal 8UPPOrt and Team support they provide lo us. As we Gonlinuo to deliver our Ihemed a¢liviti¢s durlng the ye8r Thirteen are always alongsido our team providing extra resources both in monetary terms and staff resources. We work with Thirteen Housing Group and our local ¢ommunlly members to ensure we keep Primrose Eslale ¢lean and tldy by Carrying out rogular estate clean ups. Our Frlendshlp Group conllnues lo thrive meellng twlce weekly provldlng support lo each other. raising funds and golng on Irlps. Funders - Rea¢hing Gommunilies, Tudor Trust, Ballinger Trust have ¢ontinued lo provide outstanding support, advice and guid8n¢e which we value. In July 24 our funding with Reaching Communities cam8 lo an end. Reaching Communities funding gave Epic the opportunily lo achieve our goals lo grow and deliver an oul$tsnding programme of aGtivilies. We are extremely grateful to Ballinger Trust for continuing lo believ8 in our vision to ensure Newiown and Primrose Hill Community Centre is the plac8 lo live, work, play. socialise. and receive support and friendship. Suslalnablllty- we are currently working.with our partners to develop and submit a partnership bid lo National Lollery Lommunily Pund lo ensure we can con11nue to deliver OLtr existing programmes and develop new activities to meet the needs of our commL¢nity. The Chair would like lo thank the stsff, volunteers, partners and the communlty for supporting Epic Teesside. We look forward to another successful year and continue lo "Creatlng Communltles That Can"
EPIC TEESSIDE CIO Trustees. Annual Report {GontinuedJ Year ended 31 March 2025 Financial review The results for the perlod are reflected in the Statement of Financlal Activities in the accoun15. The accoun15 for the year show a deficit of £55,248. The reserves stand al £73,79D with £54,635 being unre5tr1cted free reserves. Thls equate5 to approxlmalely 6 months running costs. Re$erves Poli¢y The Iruslee's aim is to expend all funds on their charitable obje¢ls', howevér, thèy recognise the need to maintain a certain level of reserves 88 a cushion against possible future diffioullies. Free reserves al the level of 9 months running cosls would allow th8 charity lo continue its operallons while alternativ• funding sources were sought. The trL¢slees' annual report was approved on 3rd June 2025 and slgned on behalf of the board of trustees Mr Hugh Mcshan ha Eplc Teesside CIO Slgnature .
EPIC TEESSIDE CIO Independent Examinerfs Report to the Trustees of EPIC TEESSIDE CIO Year ended 31 March 2025 I report lo the trustees on my examination of th6 financial slatemenis of EPIC TEESSIDE CIO I'lhe charily'l for the year ended 31 March 2025. Responsibilities and ba51s of report As the trustees of the charity. you are responsible for the preparation of the financial stslements In accordance with the requirements of the Charities Act 2011 I'the Act')- I report In respect of my examlnatlon of the charSly'g finat)cial stslem8rils carried out under sectlon 145 of the 2011 Act and In carrylng out my examlnallon I have followed all the applicable DireGtions given by the Charlty Commlssion under secllon 145(51{bl of the Act. Independent examlner's Statement I have completed my examination. I confirm that no material matters have ¢ome lo my atlenllon Ir) connection with the examination giving me cause to believe that in any material resp8cI: accountlng records were not kept in respect of the charity a5 requlred by $e¢llon 130 of the Act., or the fSnanclal stalemenls do not accord with those re¢ords', or the flnanclal stalements do not ¢¢mply with tho applicable requlremenls concernbng the form and content of accounts sel out in the Charities {A¢¢ounls and Reports) Re9ulalions 2008 other than any requlremenl that the accounts glva a 'lrue and fairt view whlch is not a mallor consldered as part of an Independant examlnallor). I have no concerns and have come across no olhgr mallors in connecllon wlth the examinatlon lo whlch atlenllon should be drawn in thls report lo enable a proper understanding of the a¢¢¢unts lo be raached. SJ Accounting Services (NEI Ltd Independent Examiner 3 Galava Walk Ingleby Barwick SIoGkton on Tee* TS17 5JD
EPIC TEESSIDE CIO statement of Financial Activitias Year ended 31 March 2025 2025 Reslricled funds Total fund¥ Tolal fund3 2024 Unrestrict8d funds Not• Income and endowments Donations and legaGies Charitable activities Investment income 22,320 9,848 236 29,000 51,320 9,848 236 142.257 11.580 222 Total income 32,404 29,000 61,404 154.059 Expgndlturo Expenditure on charllable actlvilies Total oxpandlturo 60,563 60,563 56,089 56,089 116,651 116,651 115.917 115,917 Net lexpendltur•lllncom• and not movement In funds 128,159) {27,0891 155.247) 38,142 Reconclllatlon of funds Total funds brought forward Total fund8 carrled forward 96,664 32,374 129,038 90,896 129,038 68,505 5,285 73,790 The statement of flnanclal acllvlties Include8 all galn8 and losses recognlsed In the y•ar. All Income and expenditure derhje from conllnulng acllvilies. The notes on pages 7 to 15 fomi part of these flnanclal statements.
EPIC TEESSIDE CIO Statement of Financial Position 31 March 2025 2025 2024 Not• Flxed assets Tangible fixed assets 13 1,759 2,667 Current assets Debtors Cash al bank and in hand 14 968 91,826 148,328 92,794 149,222 Creditors: amounts falling due within one year Net current assets 15 20,762 72,032 22,850 126,372 Total a¥set$ 1gs$ Qurront liabiliti•$ 73,791 129,039 129,039 Net assets 73,791 Funds of the charlty Reslrlcted funds Unreslrlcled fund8 5,285 68,50S 73,790 32.374 96,865 Total charlty funds 18 129,039 These financlal slalemenls were approved by the board of trustees and aulhorlsed for1$8u8 on 3rd June 2025, and are slgned on behalf of the board by: M Surtees Trusteg ThÈ notès ¢)n pagÈs 7 to 15 form part o* thès• flnanclal ststements.
EPIC TEESSIDE CIO Notes to the Flnanclal Ststements Year ended 31 March 2025 Gengral Informatlon The charity is a public benefit entity and a registered charlly in England and Wales and is unincorporated. The address of the prin¢lpal offlce is Primrose Hlll Community Centre, Appleton Road, Stockton on Tee5, TS19 OHL. Stat8m8nt of compllancè These flnancial statemen15 have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,. th8 Statement of Recommended Practice applicable to charitie$ preparing their accounts in accordance with th6 Financial Reporting Standard applicable in the UK and Republic of Irelar)d {FRS 1021 {Charitl8S SORP IFRS 10211 and the Ch8rilie8 Act 2011. Accountlng pollcl8S Basls of pr6paratlon The financi81 statements have been prepared on the hi8lorlcal cost besis, as modlfied by the revaluation of certain financial assets and liabilllles and inve51mont propertl8s measured at falr value through Income or expenditure. The financial slalemenls are prepared in sl&rllng, which Is the fLJnctlonal Currency of the entity. Golng concern Th•r• arp no malerlal uncertalnties about th& charity's ability to contlnue. Dlsc108ure exemptlons The enlSty 8alisfie5 the crilerla of belng a qualifying entlty as defined In FRS 102. As such, advantage has been taken of the following disclosure exempllons available under paragraph 1.12 of FRS 102.. lal No Gash flow slalemenl has been presornted for the company. (bl Disclosures in respect of financial inslrum¢nls have not been pre8ented. Judgomont$ and koy $our¢o$ of ostlmatlon uncèrtalnty The preparation of the flnancial slalements requlreg management lo make ludgemenls, estimates and assumptions that affecl the amounls reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expeclalion5 of future events that are believed lo be reasonable ullder the ¢ir¢um$lances. Fund a¢¢ounting Unrestrlcled funds are avallable for use at the dlscretlon of the trustees to further any of the charlty's purposes. Deslgnaled funds are unrestrlcted funds earmarked by the trustee8 for particular future project or commitment. Reslricled funds are subjected lo restri¢tiorns or) their expenditure declared by thadonor or throug the terms of an appeal and fall into one of sub-classes- reslricled income funds or endowment fund8.
EPIC TEESSIDE CIO Notes to the Financial Statements IGonHnuod) Year ended 31 March 2025 Aecountlng pollcles fcontlnuod) Incomlng resources All incoming resources are included in the slalemenl of financial activities when enllllerrier¢l has passed to the charity., il is probable that the economic benefits associated with the transaction will flow lo the charity and the amount can be reliably measured. Tho ft)Ilowlng specffic pollcies are applied to particular categories of income: income from donations or grants is recognised when there is eviden¢e of enlitlemenl to the grft, receipt is probable, and its amount can be measured reliably. legacy Income Is recognlsed when rec81pl is probable, and enlillement Is eslabllshed. in¢ome from donated goods is measured at the fair value of the goods unless this Is Impra¢li¢al lo measure tyliably. In whloh case the value is derived from the cost lo the donor or the estimated resale value. Donated facilities and seNices are recognised in the acco(Jnls when receiv8d rf the value can be reliably me88ured. No amounts are Includeé for the contribution of general volunteers. income from conlracls for the supply of servlces 18 recognlsed with tho delivery of the ¢onlracted service. Thls is ¢lasslfied a$ unre$lrlcted fijnds unless ther8 is a conlraclual requlremenl for it lo be spent on 8 partl¢ular purpose and returned If unsponl, In whlch ca88 It may b8 r8garded as restrlcled. Resources expended Expendllure is recognised on an accruals basls as a liabillty Is Incurred. Exp¢ndilure Includes any VAT which cannot be fully recovered, and is classified under headings of the slalement of flnancial activities lo which il relates- expenditure on ralslng funds Includes the costs of all fundraislng aclivllies, events, non- charitable IradSng aclivllles, and the sale of donated goods. expendllure on charltable aclivltle8 includes all costs Incurred by a charity In undertaking activllles that further Its charitable alms for the benefll of ils ben@ficiaries, Includlng those 8UPPOrt costs and costs relallng lo the governar)ce of the charity apporlitsned lo charitable 8Ctivltl88. other expenditure Includes all expenditure Ihalls nellher related to Taislng funds for the charlty nor part of its expendilure on ¢haTit8ble aGtivitie$. AII co818 are allocated to expenditure ¢alegories reflecting the use of the resour¢e. Dlrect costs allrlbulable to a single activity are allocated dire¢tly lo that activity. Shared costs are apportloned beeen the acllvilies Ih&y contribute to on a reasonable, justlfiabl8 and consislenl basis. Tanglble assets Tangible assets are initially recorded at cost and subsequently slated al cost less any accumulated depreciation and impairment losses. Any langible.assets carried at revalu8d amounts are recorded. al the fair value al the dale of revaluation less any subsequent a¢¢umulated depreciation and subsequent accumulated impairment losses.
EPIC TEESSIDE CIO Notes to the Flnanclal Statements (contlnu8d) Year ended 31 March 2025 Accountlng polScSes (contlnued) Tangible a$$ets (¢ontinugdJ An Increase In the oarrylng amourit of an asset as a result of 8 revaluatlon, Is recognised in other recognised galns and losses, unless11 reverses a charge for Impairment that has previously been recognised as expenditure withln the statement of financlal actlvilles. A decrease in the carrying amount of an asset as a result of revaluation, is recognised In other recDgnised gains and losses, except lo whlch 11 offsets any prevlous revaluation gain, in whlch case the loss is shown within other reGognSsed galns and losses on the statement of flnanGial aGtivltle$. DepreGiation D8preclatlon Is cal¢ulal&d so a$ lo write off the cost or valuatlon of an asset, less Ils resldual value, over the useful economlc life of that assat as follows.. Flxtures and fllllngs Equipment 200h stralght Ilng 200h slralght Ilng Impalmient of flxod assets A review for Indlcalors of Impalrmenl Is carried out al each report1ng dale, with the reGoverable amount being estimated where such indicators exist. Where the carrylng value exceeds the recoverable amount, the asset is impaired accordingly. Prior impalrmenls are also revlewed for possible reversal al each reporting date. For the purposes of Impalrmenl lesllng, when11 Is not posslble to eslimate th$ recoverable amount of an Indlvldual asset, an esllmalels made of the recoverable amount of the ¢ash-generaling unll to which the asset belongs. The cash-generating unlt Is the smallèst identiflable group of assets Ihal includes the asset and generates cash inflow5 that largely Ind¢pend&nl of lh8 cash Inflows from olh6r ass•l$ or groups of assets. For impairment lesling of goodwlll, the goodwill acqulred In a buslness combination Is, from the aul51170n date, allocated lo each of the cash-generaling units that are expected lo benefit from the synergies of the combination, Irrespecllve of whether other assets or Ilabilities of the charlty are a55igned lo those unil8. FlnanGlal Instruments A financlal agsel or a financial Ilabillty Is recogntsed only when the charlty become5 a party to the contractual provlslons of the Inslrumenl. Basic financial instruments are Inlli8lly recognlsed al the amount receivable or payable including any related transaction costs. Current assets and ¢urrenl liabilities are sub$equenlly-mea$ured al the cash or other considgralion exp¥¢led to be paid or re¢eived and not dis¢ounted. Debt Instruments are subsequently measured at amortlsed cost. Where Investments In shares are publlcly traded or thelr falr value can otherwise be measured reliably, the Investment is subsequently measured al falr value with changes in fair value recognised in income and expenditure. All olher such Investments are subsequently measured at cost less impairment.
EPIC TEESSIDE CIO Notes to the Financial Statements (contlnueGIJ Year ended 31 March 2025 A¢¢ounting policies {¢on¢inu¢d) Flnanclal Instrumants (Conflnuedl Other financial instruments. including derivatives, are initially recognised at fair value, unless payment for an asset Is deferred beyond normal business terms or financed at a rate of Interest that is not a market rala, in which case the asset is measured al the present value of the fulura payments discounted al a market rale of interest for a Similar debt inslrumer¢t. Other financial instruments are subsequently measured al fair value, with any changes recagnised in the slalemenl of financial aclivilies, with th6 exception of hedging inslrurrienls in a designated hedging relationship. Financial assets that are measured al cost or amortlsed cost are revlewed for objective evidence of Impairment at the end of each reporting dale. If there is objective evidence of impairment, an Impairmenl105s is recognised under the appropriate heading in the slalemenl of financial activit19S In which the initial gain was recognised. For all equlty Inslrum&nl$ regardless of $lgnifi¢an¢o, and other flnanctal assats that are Indivldually slgnEficanl, these are assassed lrtdividually for impairment. Othèr flnancial assets are ellher assessed Indlvldually or grouped on the basis of similar ¢r6dll rlsk characteristics. Any rever8al$ of Impalrment are recognlsed Immediately, to the exlenl that the reversal does not result in a Carrying amount of the financlal asset that exGeed$ what the carrying amount woulé hav$ been had the Impalrmenl not prevlously been reGognl$¢d. Daflned contrlbutlon plan8 Contrlbullons lo deflned corblrlbullon plans are recognlsed as an expense the period In whlch th8 related Service is provided. Prepald contrlbullons are recognised as an asset to the extent that the prepayment wlll lead lo a reduction in future payments or a cash r8fund. When conlribullons are not expected lo be setded wholly wlthln 12 months of the end of the roportlng dale in which the employees render Ihe related 5ervi¢¢, the Ilablllty Is measured on discounted present value basls. The unwlnding of the discount is re¢ognlseé as an expense in the perlod in which 51 arlses. Donatlons and1ggaGle$ Unreslri¢led Funds Restrlcled Total Funds Funds 2025 Donations Donations type 1 20 20 10
EPIC TEESSIDE CIO Notes to the Financial Statements Iconflnuedj Year ended 31 March 2025 Donations and lega¢ieg {¢ontirtu¢d) Unrestrlcted Funds Restricted Total Funds Funds 2025 Grants Thlrteen- Warm Welcome Tudor Trust Ballinger National Lottery Community Fund Tudor Tmst Health & Wellbeing Thirte&n- Mother and Toddler SBC- Warm Welcome 1,500 1,500 29.000 20.000 29,000 20,000 500 300 500 300 22,320 29,000 51.320 Unrestrict¢d Furtd8 Re8trlcted Total Funds Funds 2024 Donatlons Donations type 1 300 300 Grants Thlrteen- Warm Welcome Tudor Trust Ballinger NBllonal Lottery Communlty Fund Tudor Trust Health & Wellbeing Thlrtepn- Mother and Toddler SBC- Warm Welcome 1,541 1,541 29,000 20,000 89,418 2,000 29,000 20.000 89,416 2,QOO 21,841 120,416 142.257 Charltabl? a¢tlvltles Unreslrlcted Total Funds Unreslricled Total Funds Funds 2025 Funds 2024 Other Income from charltable acllvltles 9,848 9,848 11,580 11,580 Investment Income Unrestricted Total Funds Unrostricted Total Funds Funds 2025 Funds 2024 Bank interest receivable 236 236 222 222 11
EPIC TEESSIDE CIO Notes to the Financial Ststements (¢ontlnu Year ended 31 March 2025 Expendlture on charltable actlvltles by fund type Unrestricted Funds Reslricted Total Funds Fund5 2025 Activity type 1 Support costs 56,902 3,661 54,752 1,337 111,654 4,997 116,651 60,563 56,089 Unrestricted Funds Restricted Totsl Funds Funds 2024 Aclivlty type 1 Support costs 2,988 1,211 4,199 109,455 2,263 111,718 112,442 3,475 115,917 Expendlture on charltable actlvltlas by actSvlty typa Acllv511es undertaken dlreclly Support Total funds costs 2025 Total fund 2024 Acllvity typ8 1 Gov•rnanco cosls 111,654 111,654 4,997 116,651 112,442 3,475 115,917 4,997 4,997 111,654 Not lèxpèndlturo)Iln¢omo Nel lexpendllurelllncome Is slated after chargingl{credilingl'. 2025 2024 Depre¢i8tlon of langlble flxed a68el$ 1,253 1,202 10. Independent examination f¢09 2025 2024 Fees payable to the Independent examlner for.. Independenl examlnalion of the financial slalements 840 840 12
EPIC TEESSIDE CIO Notes to the F5nancial Statements icontlnuedj Year ended 31 March 2025 11. Staff costs The total staff costs and employee benefit5 for the reporting perlod are analysed as follows: 2025 2024 Wag85 and salaries Social security costs Employer contributions to penslon plans 69,202 6,114 1,493 74,932 7,301 1,759 76,809 83,992 The average head count of employees durlng the year was 3 (2024.. 21. No employee recelved ernployee benefits of more than £60,000 during the year (2024.. Nill. 12. Trustee remuneratSon and expenseg no r&muneralion or other benefits from employment with the charity or a related enllly were recelved by the Iruslees. 13. Tanglble flxed assets Flxlures and fillings Equlpment Total Cost Al 1 Aprll 2024 Addltlons 4,063 345 1,949 8,012 345 At 31 March 2025 4,408 1,949 8,357 Depreclatlon At 1 April 2U24 Charge for the year At 31 March 2025 2,565 863 780 390 3,345 1,253 4,598 3,428 1,170 Carrying amount At 31 March 2025 980 779 1,759 At 31 March 2024 1,498 1,169 2,667 14. Dobtor8 2026 2024 Prepaymenis and accrued income 968 894 13
EPIC TEESSIDE CIO Notes to the Financial Statements (contlnuedj Year ended 31 March 2025 15. Creditors: amount8 lalllng due wlthin one year 2025 2024 Trade creditors Accruals and deferred income Social security and other taxes 1589) 20,798 553 21 20,7Q8 2,031 22,850 20,762 16. Deferred Incomo 2025 2024 Amount defarrad In year 20,000 20,000 17. Pènslons and othar post rètlrèmènt bènèflts Dètlned contrlbutlon plan¥ The amount recognlsed In Income or expenditur8 a$ an oxpense In relation lo dèfined contrlbullon plans was £1,49312024.' £1,759}. 18. Analysls of charltablo fund8 Unrostrlcted funds At 31 March 20 25 At 1 Aprll 2024 Income Expenditure Transfers General fvnds Redundancy Reserve Premises Support 77,984 8,680 10,000 96,664 32,404 160,5631 4,810 14,8101 54.635 3.870 10.000 32,404 160,5631 68,505 Al 31 March 20 24 Al 1 April 2023 Income Expendllure Transfer5 General fund8 Redundancy Reserve Premlses Support 50.578 6,042 10,000 66,620 33,643 (4,199} (2,037) 2,638 77,985 8,680 10,000 96,685 33,643 (4,199) 14
EPIC TEESSIDE CIO Notes to the Financial Statements fGOntlnuedJ Year ended 31 March 2025 18. Analysls of charltable funds icontinu•d} Restrlcted funds At 31 March 20 25 At 1 April 2024 Income Expendllure Transfers National Lottery Tudor Trust Tudor Trust- Health & Wellbeing 24,470 7,904 124,4701 131,619) 29,000 5,285 32,374 29,000 156,089) 5,285 At 31 March 20 24 At 1 April 2023 Income Expandilur& Transfer$ Natlonal Lollery Tudor Trust Tudor Trust- Health & Wellbeing 19,961 4,315 89,416 29,000 {84,307} {2S,411) 1600) 24,470 7,904 2,000 120,416 12,0001 1111,7181 24,278 (6001 32,374 19. Analysls of net a88etg betwe8n fund$ Unre$trl¢ted Funds Reslricled Total Funds Funds 2025 Tangible fixed assets Current assets 1.759 66.746 1,759 72,031 5,285 5,285 Not assets 68.505 73,790 Unrestrlcled Funds Reslrlcled Total Funds Funds 2024 Tangible fixed assets Current assets 2,667 93,998 96,665 2,667 126,372 129,039 32,374 32,374 Net assèts 15