Charity registr#tioll nun)ber 1188650 RPD FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
RPD FOUNDATION CONTENTS Page Twst¢es' repon Indcpcndcnt cxaminer's report S¢3¢em¢nt of firtancial a¢tiviii¢s Balance sheet Note5 to the fLnon¢ial siaiements 6-13
RPD FOUNDATIO LEGAL AND ADMINISTRATIVE INFORMATIOIY Trustees R Pollins D Harding S Sawyer C Cheshire M TysoD P Hayden Charity nurnber 1188650 Regl$tered offlee Ground Floor 1 7 Station Road Ctawley West Sussex RHIO IHT Independent exY4mlner Roger Philip Hentsch AFA, FFFA Brackenhurst Little London Selsfield Road Ardingly West Sussex RH17 6TJ
RPD FOUNDATION
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees who served during the year and up to the date of signature of the financial statements were: R Pollins
D Harding K Corduff (Resigned 2 January 2024) S Sawyer C Cheshire MTyson P Hayden
Recruitment and appointment of trustees
Trustees are recrnited and appointed to the Board when the current serving Trustees have identified a gap and agree that the new proposed Trustee would fill that gap. A formal policy in this area is being developed by the trustees.
The trustees' report was approved by the Board of Trustees.
D Harding
Trustee
Date: ............................................ . 29 January 2025
page 2
RPD FOUNDATIOIY TRUSTEES, REPORT FOR THE YEAR ENDED 31 AL4RCH 2024 The trustees prtsellt tbeir aDnuai report and fLnatLcial statements for the year ended 31 March 2024. Th¢ flnancial statements have be¢n prepared in accordance with thc accounting policies set out in note I to the finantial 5tatem¢nts and comply with the charity's constitution. the Charities Act 2011 and "Accountin8 and Reporting by Charitie5.' Statement of Re¢ornTnend¢d Ptacticc applic&ble to charities prcparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Iielatld (FRS 1021" (effective l January 2019). ObJ¢¢t1v #od 4¢tlvities The RPD Foundation has the following objective$'. To promote the voluntsry sector for the public beneftt, particularly but not exclusively in the Sussex area, by making grants and providin8 serviccs. To protnote the efficiency and cffectivencss of charitie5 atld the effective use of rcsourccs for charitable purposes for the b¢n¢fLt of the public. particularly but not exclusively in the SusseK are4 by making grants and providing services. Puhlic benefil The tnjstees have paid dlle regard to guidance Jsstrd by th¢ Ch2riiy Commission in de¢iding whai a¢tLVlties ihe charity should undertake. The matn activiti¢$ undertaken to. Development of CSR Initiative in line with s¢ctor Support activity. Support provided to Foodbank Partnership and associated or8anisations, including fiJndraisit)g xttvities and operational advice. Developing more partnerships across many sectors to continue identifying how and where to promote the volwitary sector. Support PTovided to key voluntary sector organisation at Vari Stages of th¢ir dev¢loptneTLt. Achiev¢m¢nts aMd perforrnancc Significanl uclivtties ttnduchievemeftitr ug&iRsi objÉLiives CEO & Trusiees continually spend time to build more relationship5 and infonnal partnerships across many sectors to help shape RPDF'S stiategi¢s. delivery plan5 and p051tioning. Support was extended for a furth¢r year toward5 Foodbank organi5atl0ll5 in t¢rrn5 Of fvndTai5ing activitL¢S. opefdlional advice and broketing TelJtJonship$ with other oiganisalions. TtLl$ includ¢d woikin¥ Wlth W¢st Su5s¢x County Council to distribut¢ £25,000 of 8Tants to Foodbank OrganisaiJon$ and supporting RPD wtth m2tJy 1)draISIng activitles. Support was provided to key voluntary sector organisation ai various stages of development. Thls in¢luded grant nding from Suss¢x Comtnunity Foundation ISCFI ro support Chagossian Community or8anistaJons. Development of a CSR initiative to create meaningful brokerage between the Charity and Corporate sectors, for collective social itnpact. Thi5 initiative builds on the sector support work around Fi>odbank and Cost of Living Crisis agend2$ fut)ded by SCF. Cbaik Cliff Trust. Awards forAII ttDd Post Code Society Trust. Financial review Total income for the year was £103.01712023 £30,276) and tot&l expenditure for the year was £81.744 {2023 £26,886) creating 2 surplus for the year of £21,273 (2023 Sutplus of £3,390). Reseivespolicy It is ihe policy of the ¢haTity that unre5tTi¢ted funds whi¢h have not been de5igna¢ed for a sperific us¢ should be maintained at a lev¢] quival¢nt to 3pproximat¢ly six month's cor¢ costs. The trustees consider that reserve5 at this l¢v¢l will ensure that, in the event of a signifi¢an¢ drop in futtding, ttley will be able to coThtinue the ¢haTity'S ¢unent 4ctiVLti¢s while consideration is 8ivcn to ways in which additional funds may be raised. The Trnstees are looking ai ways to in¢rease the reserves in the coming year up to a level consistent with the staled Reserves Policy. Structurei governance aDd manY4¥ement The chariry is set up as a Charitsble In¢orporated Organisation, and is govemed by il's constitution dated 19 March 2020. page I
RPD FOUNDATION INDEPENDET EXAMINER'S REPORT TO THE TRUSTEES OF RPD FOUNDATION I report to the dustees on my examination of th¢ financia] ststements of RPD Foundation (the ¢hatityl foi th¢ year ended 31 March 2024. ResponsibilitRes and basls of report A5 th¢ trustees of the charity you are responsible for the preparation of the flnancial statements in accordance with the r¢quir¢m¢nts of the Charitie5 Act 2011 Itb¢ 2011 Act). report in respect of my examination of the charity's financial stat¢rncnts carried out under section 145 of the 2011 Act. I catrying out tny ¢xamiTVatitsn I have followed all the applicable Directions giveTJ by the Charity Comtnission under section 14515)(1)l of the 2011 Act. Indepedent exarNiNer'$ stltement Your aiienlion is drawn io the faci that the charity has prepared ftnancial statements in accordance with Accouotittg and Rcporting by Charitics prcpaTlrtg thcir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of treland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Staiemeni of ReconJm¢nded Practice issued on l April 2005 which is referred to in the exlanl regulations but has now been withdrawn. l und¢r5t3nd that this ha5 been done in ord¢r for finarbrial statements to provid¢ a true and fair view in accordance with Generally A¢cepted Accounting Practice effective for reMing periods beginning on or after l January 2015. I have completed my examirtation. l Confirni that no mattels have ¢ome to my attention in ¢onne¢tion with the examination giving me cause lo believe that Jn arty mai¢nal iespecl.. accounting records were not kept in respect of rhe cbarity as required by Section 130 of the 2011 Aci. or the fLnan¢ial statetnents do not acctsrd with those record5,' or the financial statements do not comply with the applicable requirements coneerning the form and content of atcounis $et out in the Charities IAceounts and Reports) Regulations 21X)8 other rhan any rcquirem¢nt that the accounts 8iY¢ a true and fair view which 15 not a matter considcrcd as part of an indcpcndent examination. Ihavenoc drawn i 15 report rns d have corne across no other matter5 in cOjectIOn with the examination to w.¢h atteDtion should b¢ n order to enable a proper understanding of ihe fjnancial 5tat¢menls lo be reached. Roger Pbiiip HeDtschAF& FFfA Brackenhutst Little Lotjdon Selsfield Road Ardingly West Sussex RH176TJ Dat¢d'. Page 3
RPD FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted funds 2024 Restricted funds 2024 Total Unrestritted fund5 2023 Restrieted fund5 2023 Total 2024 2023 L¥ote5 Income and endowmetht5 frotn: Donations and legacies Charitsble activities Furldraising activitits Investtnents Other income 9,624 15,824 62,8 72.424 15,824 14.360 9.403 7,068 12,709 22,112 7,068 14,3fA 17 1,079 17 1.079 365 365 Total Income 25,857 77,160 103.017 17.567 12,709 30,276 Expetsdlture on: Raising funds Charitabl¢ activities 4,016 15,915 4,016 77.728 2.576 15.964 2.576 24.310 61,813 8,346 Tot*1 expenditure 19,931 61,813 81.744 18.540 8.346 26,886 Net income 5,926 15,347 21,273 {9731 4.363 3.390 Transfers between fi]nd5 (147) 147 Net m•wement In fund5 5,779 15,494 21,273 {9731 4.363 3.390 R¢¢otttAiiatioD offunds: Fulld balances at l April 2023 2,422 12,372 14.794 3.395 Fund balance5 at JI March 2024 8,201 27,866 36,067 2.422 12.372 14,794 The statement of financial activities includes a]1 gains and lo$s¢s reco8nised in the year. All income And expenditure derive from contxnuing activities. pag¢ 4
RPO FOUNDATION
BALANCE SHEET
AS AT 31 MARCH 2024
| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | ||
| Current assets | ||||||
| Debtors | 14 | 9,428 | ||||
| Cash at ban and in hand | 35,499 | 14,794 | ||||
| 44,927 | 14,794 | |||||
| Creditors: amounts falling due within one | 15 | |||||
| year | (8,860) | |||||
| Net current assets | 36,067 | 14,794 | ||||
| The funds of the charity | ||||||
| Restricted income fnds Unrestricted fnds |
16 17 |
27,866 8,201 |
12,372 2,422 |
|||
| 36,067 | 14,794 |
The financial statements were approved by the trustees on ........................ . 29 January 2025 P Hayden Trustee
page 5
RPD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountffing poli¢leg Charity Imformatlo RPD Foundation is a Charitable Incorporated Organisation. governed by it's constitution datcd 19 March 2020. 1.1 Accounting conventio Th¢ financial statements have been pt¢paT¢d in accordance with the Charity's ¢OnStitution, the Charities Act 2011. FRS 102 -The Financial Reporting Siandaid applicabl¢ in th¢ UK and Republic of Ireland" {-FRS 102,1 and the Charities SORP "A¢¢ounting ind Reporting by ChaTities." Sialement of Recommend¢d PTaciice applicable to charitie$ prepaTing their a¢¢ounis in aC¢OTdan¢e with th¢ Financial Reporting Standard applicable in the UK alld Republic of Ir¢land IFRS 1021" (effective l January 20191. The charity is a Public Benefit Entity as defined by FRS 102. The charity has takcn advantage of th¢ provisions in the SORP for charities not to prepare a Statement ofCa5h Flows. The financi&l statements have departed from the Charities (Accounts and Reports) Regulation$ 2008 only to the extent required to provide a true and fair view. This departure has involved following the Stat¢in¢nt of Recommended Practice for chaTTties applying FRS 102 rather than the version of the Statement of RecoTnm¢ndd PTaGtic¢ which i5 referred to in the Regulation5 but which has Since b¢¢n withdrawn. The financial statements #re prepard in sterling. which is the fun¢¢ional ¢urren¢y of the charity Monetary amounis in these financial 5taternents art Tounded to the nv41e5t £. The financial 5t3tement5 have becn prepared undei the histoiical cost Convention, Imodified to include the revaluation of freehold properties and to include investmeni properties and c¢nain financial ittsllvments ai fair valuel. The principal accounting polici¢s adopted are sei out below. 1.2 Going Concern At the titne of approvin8 the financial statements, the trustees have a reasonable expectation thg4t the charity has adequatc resources to continue in operational existence for the for¢5e¢able future. Thus the tru5t¢e5 continue to adopt the going cotLCern basis of accounting in preparing the financial 5t8ternents. IJ Cbarltiblt funds Unrestricted funds are av&ilable for use at thc discretion of the tru51ees furtherance of their charitable objectives. Restricted fid$ are subject to specifie conditions by donors or graniors as io how they may be used. The purposes and uses of the stricted fund5 are s¢¢ oul in the notes to ihe fiDan¢ial stat¢m¢nts. Endowment fvnds are subj¢¢t to 8p¢¢ifJ¢ ¢onditions by donors that the capitsl must be maintained by the charity. 1.4 Income Incotne 15 recogni5ed whetl the charity 15 l¢g¥4lly elltltled to it aft¢r any P¢TfoTrnanc¢ ¢onth"lions have b¢en tneL the amounts can be n]easured reliably. and it ss probable that income will be r¢c¢iv¢d. Cash donations are recognised on re¢eipt. Oiher donations ore re¢oBnis¢d onc¢ th¢ charity bas b¢¢n notified of the donation, unless perfomiance Conditions require deferral of th¢ 2mouni. In¢om¢ tax recoverable in relation to donations received und¢r GIftAid or deeds of covenant is recogllised at the time of the d(>n2tion. Legacies are recognised on receipt ot othcrwjse if the charity has been notified of an impending distribution, the amount i$ known, and rec¢ipt 1$ exp¢tled. Itthe amount is not known, the legacy is treated as a contingent aet. page 6
RPD FOUNDATIOIY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 AecouDtlng polleles (Conilnuedl 1.5 Expenditure ExpeTrdiwre is re¢ognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a trdnsfer of economic benefits will be r¢quir¢d ill settlement. and the amount of the obligation can be measred reliably. Expcnditure is classified by actlVLty. The ¢o$ts of each activity made up of the total of direct Costs and shared costs. including 5UPPOrt costs involved in und¢rtaking each activity. Direct Costs attributabl¢ io a single activity are allocated directly to that a¢tivity. Shared costs which contribute to more than otse acijvity and support Costs which are not attributable to a single activiry are apport20ned between those activit12s on a basis consistent with the use of r¢50urce5. C¢Nlral staff ¢osts are allocated on the ba515 of tlme 5p¢nt. and depTeciation chargcs arc allocated on th¢ portion tsf ihe asset's use. Grants are provided in a¢¢ordanc¢ with the agreed actions and activitie5 of the ¢hatity in the pursuance of it'5 objectivcs. A fonnal Grant makinB policy Is being developed by the truste¢5. 1.6 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with bank5. Oth¢r 5hort-tem liquid investmcnts with original maturitits of thr¢¢ JtJontlLS or less, artd bank ov¢rdrdfts. Bank ov¢rdTafts are shown within bOOWing5 in current 1.7 Flnancl81 In5trument$ The charity has elected to apply th¢ provisions of Se¢iion 11 'Basic Financial LtLStruTnents' and S¢¢tion 12 '0thei Finan¢ial In$tnllnents Issues, of FRS 102 to all ofit5 financial illsliiJmeDts. Financial instruments aTe rerognised in th¢ ¢harity's balance sheet when the charity becomes party to the eontractual provisions of the in51rument. Finan¢ial 4s$et$ and liabilities are offset, with th¢ net atllOUDt5 piesertted in ihe flnancial statements. when th¢r¢ is a legally enforceable right to set off th¢ recognised amounts and there is an inrention to settle on a net bosis or ro realise the asset and settle the liability simultaneously. B4sleJln4D¢i4l4Sl9 Basic financial assets, which include debtOTS and ¢ash and bank balaDcc5. are initially measured at traDsaclion price including transaction costs and ar¢ subsequently ¢arried at atnortised cost using the effective interest method unless the aangeMent constitutes a financing tr2tJsaction, where the transaction is me25ured at the prescnl value of the future receipt5 di%ounted at a mark¢t rale of intttest. Financial assets classifL¢d ts i¢¢eivabl¢ wjthin one year are not amortised. BrtsicfOllCll liabililie5 Basic financial liabilities, including creditors and bank loans are iniliolly recognised at transaction price unle55 the arrangement ¢onstitutes a financing transaction. where the debt instrum¢nt is measurcd at the pre5¢nt value of the future payrtlents dis¢ounied at a market rdte of interest. Financial liabilities classified as payable within on¢ year are tLOt amortised. Debt insthLments are subsequently carried at amortised cosi, using the effective interest rite method. Trade creditors are obligations to pay foi gotsds 01 servJ¢¢s that have been acquired itl th¢ ordinary eour$e of op¢tation$ from suppliers. AmouDts payabl¢ are ¢lassifLed as Current liabilities ilpayment 15 due within one year or less. If nol they are presented as non-current liabilities. TT3de ¢rediiors are reco8nised snitially at transactiott pri¢e and subsequently tn¢asured at amortised c05t using ttle effective Jnterest method. Derecogftidon offin•Mciolliothlities Financial liabilities are d¢recogni5ed when the charity's Cont1a1 obligetiOn5 expire or are dis¢harged or cancelled. pa8e 7
RPD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 CrltlcAI A¢¢outhting estim#te$ and judgements Jn the application of the charity's accounting policies, the tn2Stees are required to make judgements, estimates and assumptions about the Carrying amount of asset5 and liabilities that are not readily apparent from other sources. The estimates and asso¢iaied assutnptions ate based on hi5torica] experience and other factors that are consided io be relevant. Actsal resulrs may differ from thes¢ estitnates. The estimates and underlying assumptions ar¢ reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which ihe estimate ts revised where the revi$i(>n affects only ihai period. OT in the period of the r¢vi5iOtL and future pcriods where th¢ revision affects both eurreni and futllre periods. Ine•me from donatiOIIS and leg&cies UnrestrRcted funds 2024 Re$trlct¢d fund5 2024 Totol Unrestrlcted Restricted funds funds 2023 2023 Total 2024 2023 Don8tion5 and gifts Grants 824 8.800 824 71.600 9,403 2,929 9,780 12,332 9,780 62.8(x) 9.624 62.8) 72.424 9,403 12,709 22,112 Income from ehAritgble gctivltles Ullr¢strl¢ted funds 2024 Unre$trieted fuhd$ 2023 Advocacy and Advice Earn income (S¢ctor Support) 15,824 7.068 Incorne from fundrai$ing A¢tlvlde$ Restricted fumds 2024 Re$trl¢ted funds 2023 Fundnising events 14,360 page 8
RPD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AL4RCH 2024 Income from investments Unrtstrl¢t¢d Unre51ricted funds funds 2024 2023 Interest receivable 17 OtILtr ineome UDrestricted Unrestricted fund$ funds 2024 2023 Oth¢r income 365 ,079 Expendlture OD r#tslng fund$ Unrtstricted Unrestricted funds fund$ 2024 2023 FMndr*lslng #nd publicity Other fundraising ¢osis 4.016 2.576 page 9
RPD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expenditure OD charitable ictlvktie8 Advo¢Aty Advo¢¢y athd Advlte Advke 2024 2023 Direet ¢wt5 Sector Support Project Costs 13.716 19,377 8.941 13,556 33,093 22,497 Grant fidig of 2¢tivill¢s {s¢e not¢ 101 42,436 1.638 Share of support And governance costs (see Dote 111 Support Governance 2,139 103 72 77,728 24.310 Analysis by fund Unrestricied funds Restrictcd fiS 15,915 61,813 15.964 8.346 77,728 24.310 10 Grant5 p#yble Advoeey Advoeacy Dd Advlce Advice 2024 2023 Grants to institutions.. Ten Little Toes Free Shop Crawley Crawley Open House The Eas*T TeaTn GDB Chanty Memb¢rs Award5 5.0 6.667 1,659 11.659 7.451 ,638 42.436 1,638 page 10
RPD FOUNDATION OTES TO THE FIIYANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 li Support Costs allo¢ittd to #¢tiwitie$ 2024 2023 Other ¢05ts Governan¢¢ Cosis 2,139 60 103 72 2,199 175 Anfily$ed behveen: Advocacy and Advjce 2,199 175 12 Trustees None of the trustees (or any persons eonnected with them) r¢¢¢ived any reTnun¢ration or beneflts from the charity durin8 the yeaT. 13 TaxtiOD The charity is exempt from tax on incom¢ and gains falling within section 505 of the Taxe5 Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the ext¢nt that these are applied to its charitable objects. 14 DebtOTS 2024 2023 Atnounts falling due within one yegr: Other debtors 9,428 IS Creditors.. arnount5 falllng due withln one yer 2024 2023 Other Cr¢th"T$ 8.860 pagt 11
RPD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Re$triet¢d funds The restricted funds of the charity comprise the llrtexpethded balance5 of donations and grants held on trust subject to specific condition5 by donors as to how they may be used. At l April 2023 In¢01ng re$our¢e$ Resources expended Trin$fers At 31 March 2024 GDB Awards funds CSR Initiative Foodbank Support WSCC RPD Charity of the year Chagossian Groups Supptsrf 2.929 9.443 4,375 33,800 25,IM)O 9,985 4.(rt10 (7.4511 116.8521 125.0001 (9,985} (2,5251 147 26.391 1.475 12,372 77.160 147 27,866 Previous year.. At l April 2022 Intomlng resources Resourtes expended Transfers At 31 Mirch 2023 Back on Track- Awards 4AII Back on Track- SCF GDB AwaTds funds CSR Initiative- Awards for All 4,556 3,453 14,556) (3.453} 2,929 9.780 2,929 9,443 13371 8.9 12.709 8,346 12,372 GDB Awards Funds These are fid$ collected from th¢ GDB Award5 ceremony to disburse amongst the GDB re8jslered Charity Member5 in accoTdance with the crilena aBreed. CSR Initiative- These are fvtjds coll¢ct¢d to 5UPPOrt charity $e¢tor OTgani5ation5 a5 part of our broader CSR Initiative that looks lo broker greaier collaboTa¢ion between thc charity and corporate se¢ioT5. Funder5 itjclude.. Chalk Cliff Trust {£5,000}. Sus5¢x Community Foundation (£5,000). Awards ForAII {£9,78018nd the Post¢ode Society Trust £23,81K>. Foodbank Support WSCC These are fvttds granted by West Sussex County Court¢Jl for dL5tribution to specifi¢ Foi>dbank Organisations. RPD Charity of the year- The5c are fimds raised by the RPD team in partDer5bip with and for their agreed Partn¢r charity of the yeaT. Chagossian Group Support - These are funds from Su$sex CommuTLity Foundation to specifically support Cha8OSSLan Cornmullity Groups. Baek on Track Award$ for All- These are fuThJs collected ftom the National Lottery Awards for All fvnding progTarnm¢ to support delivery of the Back ort TT4ck project. Back on Track SCF- These are funds collected from the Sussex Community Foulldation to SUPPOrt deliv¢ry of the Back on Track projecr. page 12
RPD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2024 17 UDre5tricted funds The unrestncted fund$ of the charity comprise the unexpertded balance5 of donations and grants which are not Subject to specific condition$ by donors and grantors as to how they may b¢ u5¢d. These iThcludc dcsignated funds whiGh hav¢ been sel aside out of unrestricted fimds by the trustecs for specifi¢ pu05¢s. At l April 2023 Incomlng resour£es Re50UTce5 expended TrAnsferg At 31 March 2024 General fvnds 2.422 25,857 119,9311 1147) 8.201 Previou$ year: At l April 2022 In¢oming r¢sour¢es Resource5 expended Transfers At 31 Marth 2023 General futtds 3,395 17.567 {18,5401 2.422 18 Analysis of net assets betw¢¢n fund% Unrestrltted fund5 2024 Restricted funds 2024 Totgl 2024 At 31 March 2024.. Current assets/(liabilities) 8,201 27.866 36.067 8.201 27,866 36,067 Unrestricted funds 2023 Restrl¢ted funds 2023 Total 2023 At 31 MArch 2023.. cUent assetslltiabiliues) 2.422 12,372 14.794 2.422 12,372 14.794 19 Related party traDsattlous Richard Place Dobson donated £8.800 to the RPD Foundation during the financial year. Three of the trust¢e5 of RPD Foundation. D H8rdittg. M Tyson and P Haydcn ar¢ also diredoTS or Richard Place Dobson. page 13