THE CAMBRIDGE FRIENDSHIP TRUST OPERATING AS: LYPIS HOUSE CAMBRIDGE REPORT A14D FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 REGISTERED CHARITY No lim76 REGISTERED COMPANY No GE021
ThE CAMBRIDGE FRJENDSHIP TRUST FINANCIAL STATEklENTS FOR THE YEAR ENOED 31 AUGUST 2024 PatJe5 Tfu$t•K' R•ptyt Independent Examinerfs Repjrt statantrrt of Finwial Athwty IrKotporalftg Ihe IrKc#))e ar#1 ExFwNlthr• Acc B•larKe Sh••1 Noies t¢ th• ffin•no•l swm•rts 12
ThE CAMBRIDGE FRIENOSHIP TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 Au$T 1024 The Trustee>. Report The Tnstees Eyes th&f rwl wlh ts finartial stments ¢Y Iha Ch8rrtle lneffjatthfj cKMJnlry sat Vi thè tj tho gtatttnts comrtyth the tharity'$ trt dead, ylthAe18w WKI Ihs rgquirgmwrts ol fv Ststomwtt ol ReMm1 Pr¢u. Aceountng w¥J R•Fo ty charrt 2ffi9 th• ComF•WS 2(XE. R•glstrntlon • a Cttarity The Cambriéoe Friendship Trust was InG9t8d as a Iwpythj Ctyrimbon 4nd r•gsiwth h the Charsty CLYnmls$lon tr Engl•hJ W•l6 11 2020 the yegstrn rxrnty¥ 1187878. Ttr rggkstratlm Ccmpth•ts HO has rof CEO3146& Ch•rlt•bl• O¥•cl4 The Camlxve Fnendil¥p Trusi thslo rolovfj ther••J$ ol dOsdliits ty i¥)portiffj * community n C8mtxlth3e inspired ty th• •thos of thé Intemaiona Fe¢Jerab"on L L'Ar¢P Ccfflmunrfi•s Irtrj lthpllolty to p•08 V•th1oThN disa1$ arKI fostenr¥J sk4)pm acad•Mfjc r•fy•pAth 4rKJ thsstyniriiting 1 Lw•ftA re%s. Who W¢ Ar• The CambrKbw Friw)dip Tfut ILTxr a5 Lsn's HO9) is • comm4tnily of mlx•J th'bbO8- Ine with PA som• ilhtsut inllt ths¥1rtS We seek to Ir¥forMlThJ ro18t1¢y1ps wtlvn kn •trMoskth•ro of lrtendship ar¥J KceFéae. Christsan faith shw rAT etms And Ile l>]th. W• •• to Ilrylir¥J way4 tt) •xpres$ %Atst tr)at means to shar• our bwawnirwj. Th ojmmwwy is m&Je up ol pw from unusUty range ol GhnSt I1n1"(S nd tratins. At Ihè sam• tkn•, •r• CW trj p•r•l• ot au IAI vj nLng aj value aTrl cdtht• ts gift• •vJ pwson. Slru¢turé, Bov•rn•fK• and Mw¥•m The operntion ¢f the CharrtaI Ir&d Orw"ylb)n 1£ Its Dctttm•nt. Ag * charty ffjgi•iw•d ilh the Chwty Commissth lu Errfl•id W¥gs. HM Revwj Custcffli T091$d th• charfty ltr tsx puwéi th• chwty fAty Y¥ Its ftrf ehtritstl• purpo$8s rK) t8XaiC•l is payaLqe on ts kncoma lx g•sns. Ttr• Incorpor•t•d Organisallon 4nd Its ffinan IA wilh ts TnJsts. profess D4vla Fcxd Mri 8athra Berrntt M5 Arm Caff•ll lapwntsd 1 S•plwnb•r 20fJ) Revd 08borah Ford Mrs Judith G#récffl Rev¢ Anna Jones I•FPQWrt•d I 20rJ) Mr Willlam Mcvey Mr JthiathM You Apptslrth•rrt ond Trnlnlng al Tnt• The lo ppJint and wove Trustees 1$ Y•sknd ¥4ith Trust•es Undèr thè twms ollho Fr•JrKla Document thwe shall less than try. aFNI nc m<Ye lh t•th. Tru•eJ. TnJst•as are appolnt9d tcr a penod of thr•• y•or8. On aFpoinkn)ert Èath Trusfvg rnCY CW1 ofts prirK4pal con$tstution and polty docum•n of th• Tru8t. fin(¥ irknmali"on. TfilSl6¢$ ar• prov¢ded V+lth LpJatos of irlormaiyjn frun the thrity CM)missKffi NI reloVWt Th• has Se ¢wc4dabDn a r8twn to tul 'nom¥ lifo in Lyn's FILNJse thè gkibal paThJemiG130 January 2020- 5 May 20231. The commty has ljaen able io r•lax Into maèt reLa*ng in rmon a9 •vJ to akl rkn ty)¥ 141¥. It Pw5 been re1•f s•• • f•w
ThE CAMBRIDGE FRIENDSHIP TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2tr24
Durtng th15 r8porllng pDd. U)è Tre3 have CA)ntu to •)d nurtwg Lhn's Hryjsg's rdatKmhip
Queèn's Collego1it8 npw Landordl through expk)ring FK)1"1S &v (thlwijon arJ Or$tr¥3 8ever81
¥vtrnls etheriilo Rulkin Unrtr•r6ky.
Lyn'8 House seeks to eounier sc¢i•l iiol'on ¥Wison rf p80 ilh ($1b•S. bul
P•fh•pi mor• importanty, lost8rs mutuql 8MCM)ènt ènd twlgfrt m IrIw$.P wiona rwAe of tmen'ng
alxlitiès. Thè exptsri•n ol 19 ¥40d lor 1h thoy Lyn's Howe ffiat th•y xi•v•l
85 bgen Imp)rtl for pèopb wlh intallKlual dim.111•5, I1 eyly mmnmgful fty •vw>¢n• invod..
vni¥w$ity aThJ a¢mnstrats"ve #aff, SiLthrtS, ¢h•ity w¢4ktrs, wrrtl, earers and
fpAnily members. •nd profs¥Jnas of dillerent kind8 •nd agas In 8IK£eSJ.
drivfrn •nvironmont ot a mc¢lem UlliV4ysty & oty.
A Small ros1d•nlI commur•ty of Bthjllx mtdI•etU rfublrtles form$ pwt rf fv tAider L.3
Hous• ¢omrnur4ty. EKh y•¥. bYre• diVIdUal$ ccmrnrt thn581¥8$ to intenljcffwl Cmsllw ccffnmurlty
and to partiopabon in th• Ilf• conknnthty of Lyn 5 Ho• - pwlcul•rty n d•Vc?.rj mutyoly
•ndchlw TelaOon•hlp¥ with poopl• haw #llÈthJal dd•tMlrts TMr• Iw bgen • grth¥¥vJ trj ol
residential membws a5klng to Itay in the residonb'al c(¥nmunrty lsxw than tr minifflun Thy
cequir•mért- som• lor tsvo yearn, sorn• IlY••. Th• tru8t••s offtwThl$ •UPF¢rters
CJnbn¢o and the gurrow¢ing wea ens¢n lorw témi eLy)tiNity to mbe bwth
inte11ecbJal rj¥abIl..
Th• cor• •¥•nts ol Lyn'g H¢JJs• ar• doshJneO lo fulfil ty trAVV to me•t aid spwwj trm•
with each other in 4 Mf•, wwtad Sp•, m01 undvA8lanthrwJ 4Fw¢¥•liort. We h•
souyhl lo d¥velop tho klnds of actt fvct nabTal Bys It grc4p Ard frbarth wcdd ba¥6 time
elh8r. These events ar• an1 and mthlty•d d'l by a Twvts regthly lo
Tws18e5
Corn •¥•nts
Fothrghtly mèals •mall grnups of p•opl•
Smaii groups of people Iri Ih•ir 20s ar 30s m8 * txok ••t t(Whw, to ry•y or¢ Io Koalb•
T•laxod almospheFe offriendsNp and mul1 hosprt81ty. wps reman ¥xoss o Jp8r-
and lono¢r vl)en possi. to ask rplalon8t¥ss io •vJ devety4>.
Monthly t•a pirti•
All mambèrs of the L'S H(Aw Inbll•d lo 8hw• rd ¥¢¢ialisg n an ¥ftm41 atrnostsrg.
FamiFy mOThTs are also Wcomed to thes6 18ryr gat&. fwo beecrn i ImKvMt F<¥nl ol
SiIPPDrt and for the fanilw frerts of membws of Lyn's HcAJse wrfh iniell8clu8l
di$abi14'tiè$. It is also a ftsr pro$fve m•Mbtrs1lhos6 ¥tho tthf• •xw•$xd more
about Lyn's H$8) lo Msit moèt a rwvje of thow in¥ol¥ed as a 5p befLY• applsryni
to Invc4v•J ond beginniTr3 ts fomial rthen1
ThE CAMBRIDGE FRIENDSHIP TRUST REPORT OF ThE TRUSTEES FOR THE YEAR ENDED 31 AIJGUST 2024 Wa c£rttir dmknp fcfms ol wa>YQ Athtth >Jpwl fath and cfNists"• lrfe ¥i w8ys meaThryhil and Ths indLNJe5 lY gknnng5 kn a sYnFle form of NW fcrylin&'). . Addltional •d hoc - indn9 an amual {at thè I)vion IY PwntKAt• Colbje) to thalr Alfvent car¢ sern, IdIcd by a formal med vAth the crxnmurty in Novembèr 2023. a meal in F81th [tre al QugBns' arNI a summerp by kn tivw lIgO. Induction, support and tFaknlng Wè provide thésé lor wng 8dullS thsth'ts"6s WI in ts Lffis HthJS• e(ThmL4nity in a vwty fA ways. In Jo ¢Joing, h9 noN115thd athTrlts therpows hBVe irtelaLts th"s>libas in vknic arg re5peGtful, mulual and 18. We also Il roll1 knva. tt)om to ¥J• asonco ara contnbjtion ol POCfle with dlsthlib•s •rnJ ts) ¢3JnmLTh¢O tris in ottrw Sb"r8s. Wo provlée regular ontr10-0 #Trj ¢mmthty supwt for moml)en ofth& cerfnmunty. tts3èttr rnqular 6•f•guarding Ir•riiry. Indc w•J vLurt•m th0I4•d m LJrf$ PIM•. Outre•ch Lyn'¥ Hou$• soqkl oFwtrJnblw to WKI w¥1 sin• d w¥1• irrt•l•awl disabilll•s, acros$ a growng otchtr¢P•s, c•$, axl SUFWters in aThY ar Cambridge, and beyond. In a(Jthbon to num•rou3 mlomial corni¢rsaicffjs n•fvnlno. #p8lrWt4toty hw• rtk¥Jèd' speakino and LyT(s House In thrrth•s & Vnfvarsty ColbBg•• In C4mbThJg•,' regu$8r patt1p•tn fft C•rC ITf C•ntsidgo Chft8tsAn Act N•hW)l èvOnls'. b•ing pr•Benl for the Iirst time lor Ihe Freshers. Fw at Anoa Ruskm UrMf5ty. CVthra to th on Ihec4oqy aThl (knsability at St Etynurds Coll&J•. C•mbrW ItlYowJh th•r Von Hii9d ItrIOI,. ThJ contitl.j tr) D•v6loplng Ihe ldle dlm•n•lon of ¢h•fit PUTPQM¥ In lin vAth our ¢hNrtaty• •ini, th•r• h•• b••n si9nthc4ni d•¥•tQPT•nt ol th• Kad1C {thMli0n of thjr Irk this period. In 202¥24, Twstees lina a tr Utw¥wty ef Abthn. IlyTr ld4••.j fe5eaTch Centre foi Sprrtuality. H8alth and Th• Cth $1 c f•s•w¢h prO.GraVIll in and v•ill employ tr •et. Thè irp•esb9ath twjle exwirtè to Ihe Lyn's Hc4Jse ccffimunity, its impaa M Iheir &v¢s and fath will f11 shwo the fitx1ing$ othgT PQtenli¥ bweficiewie$ Also in the pwitsj, members of L)n's Howe c4ynmunty of all abilth•i hav• b••n Invohfed deSIry IM r8soarch. ar4Tha Imm Ab•rd• University 81 the end of the pentsj. Th6 vlder community of Lyn's Hous• bè pw)ts •i th• r•s•wch, thid l¥•r n it• diwlrth. W• ha conlnwd to dev¢lop pwtrwslb'ps ftYll¥s w(yk-NrAMy Ihe v( H In5tblute in St EdMd.3 Cdlege. earn03& and Urmrsty c¢ Notre D• Gkthl - the partnership IlU0J meeting 7hrrfkry Tmlh m•mbws ¢4 LAr¢h• Itaty in IL'Arth• Is irternabond of residwrtial commur#ties lof )tèllwhJal digab"kn"ès}. Publ1¢ The k•y benefft Lyn'¥ Ffou$ wwd•s 1$ • rdativoly t)pFafvnty fty adults with 5ntilleIaI thsatA'litI'6S to n)eet an¢J fomi frrvJBIxp kYoup5 wilh Lthers wlK> •r• Thx m•rnb•r3 01 f4mity or rwrws. mr Dwknj tha Ptsd ofthts rerrt ts &bes Ljn's H¢e hevt wovpjed • regLlw ber*fit b) 16 individu8ls ants1 tJOsabk¥ty.
THE CAMBRILQE FRIENDSHIP TRUST REPORT OF THE TRVSTEES FOR THE YEAR ENOED 31 AUGUST 2024 Lyn 5 House pYovdes mpIe ftrther beneffts". iK)th to ffleMbe community Ibth th089 wfth Wul irtelkttual dk8abiMièsI MI ta sotiw wthin ClI1d and be- partKAd8ty in •ublry gender, CLdtwe. farfh. pJ&lic5, sowMiG sta1 et£) tw fin Ihe afe ol L>•i's H$8. mostofw stay th8y nKNe away from C•rnbrithp- trn. Sky Ni t¢xx -both n the UK al the x)rtd. takj'w shèrlno their exgèrhence )d the ethtsg ol L,$ 14LwJse inlo wtthv14)wevW thèy mov•d on to lo Jobs and car8eTS with syrifficant impatt). During this ww)d, the èetiWbts of Lyn's House hèvè W¥Jed betsfft SVPFy¢ to 18+ f•m4y m•mbwslc4rnrslsuFwFS ofour disat41 commLmty me[S. As b.me presSeS Jome prKentslcarers ar• lo lace th• bs8 of a partr)wMdlow ¢ar•r. thg with olher 4gtrr•latod dnhhrnenls, L.5 House has provkjed an opportunity lor thfjm to OFenly 8bryJt thew concerns and future WWanslcthaAwys in and PTh8 fcrf a¢SLIt ch"l¢on {¥rtlh tlIaU•l d1$ablItS> tAryy# lTrf•th'm•. Ounng this r•FAiNJ p•rKd, al Iwst 18 y(rt03 irtol8Cty Il'sthbas irwdved ffi tha regul$r evonts of Lyn's Hou#¢ - mY d th•m Lh)wSY c y(xrKJ w08$1$ fvlng Fyj vKJrtlrrf4 1lhin Cèmt%e. Others have become •war• cl then Inl Lyn's •xt8mal ewnts {#¢• Coro Events. 'Outreach' abjvel. 8nd oulreath of Ly)'ts Hou8è a180 aim lo Incrnase aw8ron8ss aw and th8 vlsi41ty of vAtyI 1nlll0¢ty dlJatAIIWes. •rKJ tL) incroaw un¢Jgrstwbthry ol thwr The on9g womotion and afcution crf ow 1(aty)n A nd (J•8su Kiiyl•y. 20191 IbnLs t cortibute to ltris idef of bfjnrfi( Fin•ncl41 rnvl•w gralefvl roc•iv•d gonerc9 dmabons fft)m Th& L¢Js S¢ttt4 C4mW, j$ Cdlty• •rwJ trusts •nd oryanisats.ons 4n¢ b•ycnd Cambnth3è. We arn truly wecjaivo, rot cth tor al IM fvoroal tributions ol t9,897123.. £33,985), tr#Jt and A Subswoal range 8nd Mmtrot S81 rJ éverts to be hèld (Jiro the yw 81 a cost ot U.40312023.'£5.3491.' cost ol t•%Ji r•mn$ a SLbstwlal and n8cssary (Mrtgofiry. The r•sull in tr Unr•stricted Fund wos a dafjeit lor thts 01 £8,2XJ 12023 sWuJ'.£16,2611. Th¢ prw in parlnwsNp vrtlh the UTr¥4r$ty d Aberdeen dunTrJ yr 1 cons8quentsal costs ol f37.461 becom9 pLIe. Tr donation T4cived 0V)US year WOvJ•s the first furxling tTardS the Wes of vts. Fu1h8r fLM)thng has Id11$d fc thg 9tap$. The result w) tha D•signat•a F1 wa5 a t3ofwX fty fv yaw oifJ7,461 Tttt balances Carr fowd at 31 August 2024 trxts" Urnestftcd £13.IM12023..£19.316} and 09slngated Fifftd £30,22812tr23.' E07.e69) Free at 31 AW 2024 were £12.4LKI. FalS1ng •clIty by th• trust••s to be a vil41 PDybve eff•Lt The'GI(Ming In Friendshp, pKadeAn¢ wjjoct is Ct)nlinuing w•SlIY in tmth the Unlverslty ol mosn bcoy Jl lh8 Iruste•s' rnPOTt
ThE CAM8RIDOE FRIEND>IP TRUST REPORT OF THE TRUSTES FOR THE YEAR ENDEO 31 AUGUST 2024 Trustws hav• •xirninwJ lh• m•iry str•togc. bw"fi$ •rMY (yratitinal tiBks th• ¢xgar4sknn arkl corffjrm tal systems he ten eabksW to lh& aLim to be lak to man thoso nsks. Contin9 c¥8 is b8¥N oxorrasod In rdllicffj to the COMD 19 •rbJ ts TJst b8en guided by advice and a5s151wca Irtyn $04XCO$. Th8 Trust80$ ara ¢onstieus of Ihe f8qLwrèmèts of cMlanCe ¥Ath lw.slal1 and be pya( kn mspcg of vnrking vUlnere adth and have ¢akw sty is wiatety covere Reservej Poli It Is the intentK>n of tre T&5 to Cr&0 a resoNe suffici•rt to (ymr th• st•ny ¢xts ofthe organiBatycffi. n¢4•as• in r•e•ld thxing this F•riod the Trustees are sle&y movino towards adhgwng £,cl) feseThs lttat they conder to be In Autumn Lrf 20rd. R¢gl•t•r•d Offi Ta• Lodw 12.14 Grar4• CB3 90U B4nKeYs R•spon•ibilili•$ lhO TN•t• The TrustÈès we respcfislble lor pfepwing the Trtee6. RoFtrft aThJ tho finanaal gtgmorrts in a¢cOrd9 Imth Unit8d ACttin9 Stsndards IUK C•n•r•ly Ae¢•pt•d A¢aW1n9 Pr•ctiul. Charity I tho TNste•s to pr•p•r• finwv statwnents for ••ch Jar gNÈ a true aThJ cl slate the aftr5 of tre crf0anlsatn and of rts KOMin9 rwourc•s and •pbc'on cl VK4ulvvJ iTr2>m• eylthiro. th• cOUrrj p•nod. In prnparin9 thoso financ4al it1n•, th• IQ. select suitAe acetyJrl¥wJ 'deS 8Th1 Ihen ath Jw cwaistfjrfy, grv8 Iho Mob)3 Chantss SORP.. Mak&$¥meIS tthd tsttm•t•s thai •¢ rtS(•to fv¥uthX", $tale apF41¢)1o UK A¢cwnlirw hove be S8cl to any malort and prewe th¢ ffinan¢Jd on Ihe eoncthn b• unl•s• it is to as&um• trot the comyny will bo•s. aC4wr4cy at any tMI)• th• fmano¥ plm)n ol th• £orpx4d rxgar¥8th'ty) aThl •n4bl• Ih4m to 8r• th• finand416t eWy wnth th• f•l•wrt r•glo1th. Th• TN8to4s 4110 msptsmbl• 8af4%u4rdirvJ th• as5ots ol th• charitl• 4ThJ hwi Icf lakir reasonab steps ftr the prevontion det•ethon olfrd and A(OVed by Ihe Trustoes arml SI their behar ty. rofe55iii lSav*¢0
ThE CAMBRIC FRIENDSHP TRUST
INDENDENT EXAMINERS AEH)RT TO TRUSIEES
I roPJrt on th• financi81 st8tem•rrts of tha for yew érthd 31 ALWSt 2024
whth are Sot out gn P83 7 to 12.
ResponsibilltiO and 1 41
As th8 charilrfs Irust08s you 3r8 rosponslbl8 lot ts proparK)n of aCcts
in accordart8 with tho wuirgmants of the Charth8s Art 2011 llhe AAX'I.
I report in T8spBrt of my 4xamNt of thÉ ¢h8riVs ae¢ounts Cwri tyJt soclion
145 of th• AQ al in cawyir¥J out my 0x1n0tm I ha¥fr folkl1 all tho applKafAo L1rKI5
by th8 Chty CMI1¢ wKl•r 145(51(bl of
I havo Cp[¢t•d my oyamtrwl I confffln that no moten•l mtws h•Y¢ ccrn to my
attentn in fAMn•cliw eywninition me c•Ae to bdieve trtat in ffiy matwi•l
resp•c¢.'
1. Tocor(14 ¥we not k•0 in r•wrt thl lh• rn4uirwl by ¥•cl> 130 0lth• Acl..
2. Ihe acc(yJrts do Mt •c¢c tr• rnc¢)rd¥'. or
3. th• unt$ do not complyv4ith the appl>1? requinnents tre fc¥m Cont
&xeounts $et In Ch¥.$ IA¢¢ aTrJ A•rts) R9QLrtfjbcrn 2()8 ottrT any
reqvirèment th81 thè acc
ThE cAmBRgE FRW•¥MP ThUST STATEIAENT OF FINANCIAL ACTMllES (tFICORPQRATIIIQ AND EXPENDITURE ACCOU FOR ThE YEAR ENDEO 31 AUGT 2024 UM••trfctel D••lqnrt•d Fuffid Total Fund• 1024 Tot•1 Fundg 2023 O•n•rnl Fund DtywtiM$ amd l¢oocJos OthBr inGome R8¢xs 9.897 9,697 101.874 20.718 20,71 20,943 Total Invjry 30,41 S IZ2.817 EApwidilW• on: ha(itOt4e 8divly Promo1 of%KHI I10 30.405 37,461 74.128 38.687 7)tal Exp•nd#uY• 36 f•85 74.120 N•i 1CEXP[dthj ant Mi ffl0¥ lund• lor th• y (625ffj 7.4011 (43,7111 83.950 RKon¢lMallon of lund• Totsl fundl brouw foM¥ 19,318 3.056 T¢)tht lundi ¢•rrl•d lorn• 13. 39228 43.2BI 87,0 All Income arnd e>peThJMuro d8rtb from •dlb•l•s.
THE CAM8RIDGE FRIEND310P TRUST BALANCE SHEET AS AT 31 AUGUST 2024 24 202) FIXED ASSETS T¥ng1tyg fixvj assets 749 GURReNT ASOEfd Demors C8sh at bank Ind +n 58,739 59.239 87.488 B7.486 CREDITORS Credrtorj du¢ whh'n one y•ar 16.611 NET CURRENT ASSETI TOTAL A88ET8 LE8¥ CURREMT LIABIUTIE3 4J.2M 87.oc4 NET ASSETS 43 PUNDS OP THE CHARirY: UnTuri DoslJn•ted fvrKI 13,lJ86 2022 19,316 67,089 IQTAL FUN[>8 43.294 by th* 90• ol TnMl•ès •Trl on IW b•halfty.' Pro1055LY Oath Ford
ThE CAMBRID¢X FRENDSHIP TRUST NOIES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 1 ACCOUNTING P(lEs 1.1 8a•i¥ of w•parnMon The financial statWont8 havo be¢n under hist31 cost convtnbC. The th8rfty consbtute6 a publK benefrt ents.ty as ¢Jelnwl ty FRS 102. The fnan¢l stements have been Pfapared in accordance AcctyJntw and Rep.n9 by Chanties. Slalem8nl of Re(ximmentsd PraLc4 apFtrabkn lo ctialt sYgpaFino Iher acct4yts in accordan¢• with the Financi•l R•porin9 St4nd•rd ae•bI0 in Ihe UK •nd Rgpubk of Ire14nd issued li trtober 2019. th• ffnanc1 Reporn"ng St•)d8rf 8ppllcAle in tho Urited Kingdom &rKI Reputlic of Ir•laTrJ IFRS 1W2). Charknes ArA 2011, the Compari88 Aci 2006. and UK Gen8raly AtY•d AnI9 Pr•8 D86¢7iption L Ftjnd Types UnrBstrict8d FdS may bo u3ed forany wrp090 p8Thnitted by the Charilabl• tkn•d. RvstnctE(l Fund3 ar• fvnds urvjer the control of th• Trustees, the assets and Mi income of whK may be u¥ed only lor Cert8 PL¥POt 1.2 Golng concwn b•i The Twstees consider Ihal the oth'TrJ ccrn t05i$1s wfDprfal& as athjits0l funds WOTO edged grkl reeth'ved in tho 8ubsequortt year. Cr$¢Q(WthI th6y ¢wsitJer Ihe (wli ré••sW8 lev•i8 and •¥pec•dit)YeJtrnent income to be at #vffKnt ié¥tla lo en$U th•t the Irusle86 meet ltteir IinancJ ot4igatknn•tsth• n•xt 12 to 18 8rk# Ihal ba818 th Chanty Is a Goino coneem. 1.3 Flnancl•l R•portlry Slarlll•rd 102. R•duG•d Dlwlo•w• Ex•n¥th Tho Tru•t•e• ha¥• taken 6dvarbtag• Qt lh• f¢ll¢ywiNJ th•do•w• eX•Mpb in FryarirK4 th• rinafK141 stai8menl$, os pennilted by FRS 102.. - the refwir•mènt of SKts'(M 7 St•i•m•ffl of Cash Flows 1.4 In¢orn• Incom¢ 1$ induded In the Slatement of £tfiwbeB {SoFAI when fv cfiartty is leoaly •nlill•d to th• in¢4m• •ft•r any porforntsn¢• cMdibon¢ b••n rn•, th• ran b• r•a80nably measured rnk'ably and Il is preèable that tha inc¢Jme wil be wi¢¥ed. Donations and Gmnt$ arv Iro8tsd as mcome when 8ny o)ndititx)# imposed by th• inor concemlno th0 tr8nsfof ol lunds tta bMn mot. ncomo from acu"w&6 to generate tunds is treated as Irt( in the periDd the e¥ni t(NJ plK8. 1.J Exp•ndllu Al expenUitur• is accnted on an a¢crua18 ba and tA8 twt da88th•d und•r th• h•aditV thg14ggregatp all 038t8 relatod lo the cat•Jory. Exp•TrJrture Is réeowsod wt0 th8re is alegal or Gonstrwtl¥ oblig•lon to make payments ID thlnl part"e6. it is probabl• that ts settlem1 wll tJ• r8qulr8d and the amnI of the obhUatrt can bs trAY meosured. Co•t8 In rel•tion to the 8thnIvth.( of the are alcl•d to gMm•tKe costs. 1.6 Tanwblo Ilx•d •4••ts A88016 tr0fi6ferd Inlo the chethty and those acqrnd SLthoquenlly are all fvm¢turo. frtlyngs #nd equipment. DoprBaats i¥ kYudenVy ai 50% ot Ihw'r aCqLl.0n c081 as Ira is an indetemiin•le lile ol e4d1888•t. The Leasa bth•en Th8 Cambndge FriuKlship Tnbst avJ Tts 90.3 Colleg• crf Sl Mafgarnt d St Bam¥¢l It£Jmmonly Quo•ns' C(ge rn tho LAN"wrsity Cambridoe) 1$ for onE y•¥ at a IEme and thore has no ledual as8et value. 1.7 Taxatlo rtlty is an exempl tharity wittyn ts mè8Thry af Sowule 3 01 Img Chariiies Act 2011 ar efjnsidèred to pass Iha tests sel out in Pw4ph 1 schlUIe 6 Fffnce Act 2010 and refore rt m9ets ts deffinilion ol a chantablo cowy UK Cuporabm Tax PUlFW8S.
ThE CAMBAIDGE FlaENDSHIP TRUST 14OTES TO THE HNANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUST 2024 2 EXPENRE ON CHARITABLE ACTM Prornoticm of soth81 indusioft Tol•l 2024 Total 2023 Fun DlrKt coats Use of the COMMllY Room Rert H08Pit4lity Transport Cofflmunrfatnl Actyv4tr"os Propeity ws16 Injurance Depr•ci8tion Project c¢$ts Support costs Govomanc• InileperKlenl exami11 Saf•guardlng 8.712 20.718 1.813 3.243 235 8.712 20.718 1,813 3.243 235 9.181 20,943 3.382 281 634 2,013 394 394 750 37.461 37.461 Total 36,665 37 461 74.128 38,667 3 STAFF COSTS No s14ff w•re am0Y•d durlng th• y•ar. The Tru$lvJ no reThnwatlon oreypenses dLxlThJ ttt• yur. FIXED ASSETS 2024 Totsl Ewlpff*nl Co•t or v•luation: Al 1 Sèpltmber 2023 4.7 585 4.907 585 Al 31 August 2024 5.492 5.4¥2 Derrn¢l•llon: At 1 S8plember 2023 cnaroo for year 4.158 4.15B At 31 Auwst 2024 4.826 Net book Al 31 Auwsl 2024 Al 31 Ast 2Q23 749 749 10
ThE CAMBRIOGE FRIENDSHWb Trusr NOTES TO The FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 AUGUST 2024 DEBTORS 2024 202$ Othw debtors 6 CREDrroRS: Ou• on• 2023 Cr•ditors and accrnah 16,611 1,229 ANALYSIS CF DESItJNATED FUMO Fd Growino in Fn'andthip 67.689 37.461 30.228 Grchvlno irt Fri¢ndshiP- Gro.9 in Fri•Traohip * a partwati¥• ma1¢h m•ci dowgn•d by aj ba$gd in the Lyn's House communty. It began in November 2023. The wL4ed seek5 to inv8Bligate, better understand. and articulate the natLYe d Lyn'$ House as a Chnstian ¢ommunity of people with and wrthoul 1rrtel1e(ol1'1thlltreS, and to ¥lKryre fiTrJinp ffj a ety d ways both academic non-academic. project ss a partnership bolwn Lyn s Hcxts8 and tho Universlty of At)wOeen'8 Centre for SpiiituAlity. Intolclual Disabil"ty Heamh. The proi&X8 OLrtwt Is gn¥iwJ8d as a •8n•$ of academic arKI rrf)n.arAd¢rTh¢ arrides and p4¢n14tiOns ol rts firKliw. and pracital resourc•s lo a8SiSt Ih? ftyJvJiryJ of 4imdar mMUnI1J•S other selllngs. ANALYI$ OF NET ASSEfJ BETWEE14 FUII 2024 Tgnoibl• fix•d a869ts Net as8eNliabililies> 12.411) 30.228 42.628 Toll nel assets 13.( 30.228 43,294
ThE CAMBRI FRIENDSHIP TRUST NOTES TO THE FINANCIAL STATEMENTS FthR THE YEAR ENDED 31 AEIGUST 2024 • COMPARATIVES F¢JR IHE STATEAIENT OF FW4ANC&•L ACTMTIES Fund• Fun 2023 Donats"ons and legaoes Othw Income 67,689 101.674 20,943 Tatsl InG¢Mn• 54.928 67.689 122.617 Exp•nditurn Ch4nlbl• Promotion of 8odAI Indu 38,667 3&687 T¢Jtsl Expendliur• 38.667 38.887 Trnn•f•r lt%*•n lufid• N•t In¢offrfExp•nd1rn1 •nd n•t In fvnd• for tho >wr 18.281 67,689 83.950 12