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2025-04-05-accounts

REGISTERED CHARITY NUMBER: 1189984

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31st March 2025

for

THE PHILIP & CONNIE PHILLIPS FOUNDATION

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Contents of the Financial Statements for the year ended 31st March 2025

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 15
Detailed Statement of Financial Activities 16

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Report of the Trustees

for the year ended 31st March 2025

The trustees present their report with the financial statements of the charitable incorporated organisation for the year ended 31st March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and activities for the public benefit

The purposes of the Foundation are to further the charitable intentions set out in the wills of Philip and Connie Phillips, who were both long term residents of Kent. The Foundation makes grants to support charities in the county who demonstrate their impact in the following areas:

The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the trust's aims and objectives, in planning future activities, and setting the grant making policy for the year. The trust furthers its charitable purposes for the public benefit through its grant-making policy, which focuses on the aforementioned areas.

Grant making policy

The Foundation has established its grant making policy to achieve its objects for the public benefit. It aims to improve the lives of those in Kent who are impacted by poverty, with a focus on the four key areas highlighted earlier in this report. The policy is reviewed annually to ensure that it reflects the charity's objects and thereby advances public benefit.

The Foundation invites applications from charities for grants via its website. Eligibility is restricted to include only charities operating in the county whose objects are aligned with those of the Foundation.

ACHIEVEMENT AND PERFORMANCE

Monitoring performance

Successful applicants are required to complete monitoring information which is reviewed by the trustees. This ensures that the funds awarded were used appropriately and strictly for the purposes requested in the grant applications.

The performance of the investment portfolio is reviewed regularly by the board of trustees, members of which hold the relevant qualifications and experience to do so meaningfully.

Page 1

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Report of the Trustees

for the year ended 31st March 2025

ACHIEVEMENT AND PERFORMANCE - continued Grants data

Three grant-making rounds were held in the period: April, June and November 2024. PCPF grant spend was £275,565 with 46 grants awarded in the Kent and Medway areas. 45 grants were awarded from PCPF funds and 1 was awarded solely from CF restricted funds. The charts below provide data on the 45 grantees awarded PCPF funds in the period including the allocation of funding across the main priority and geographical areas.

  1. Elderly and isolated – 9 grants totaling £49,011

  2. Supporting people’s physical and mental health – 15 grants totaling £88,584

  3. Strengthening local communities – 15 grants totaling £90,970

  4. Homelessness and insecure housing – 6 grants totaling £42,000

Chart showing the main beneficiaries of all grants awarded by PCPF and including the match funding from Colyer-Fergusson Charitable Trust:

General population – 16 grants awarded (35%) Elderly people – 14 grants awarded (30%) Families – 4 grants awarded (9%) Children (0-16) – 5 grants awarded (11%) Adult men – 3 grants awarded (6.5%) Adult women – 1 grant awarded (2%) Young people (16-25) –3 grants awarded (6.5%)

Page 2

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Report of the Trustees

for the year ended 31st March 2025

ACHIEVEMENT AND PERFORMANCE - continued Data from Monitoring Forms

A total of 35 monitoring reports were received in this reporting period. The majority of reports cover the work of grants made in the previous year (1st April 2023-31st March 2024) as monitoring is due at the end of the grant period. The charts are from the following grants rounds: March 2023: 3 reports; June 2023: 15 reports; November 2023: 12 reports; March 2024: 5 reports . The chart below shows the total grant amount awarded in GBP in each geographical area of Kent based on the 35 monitoring reports received. This includes match-funded grants. Figures are for total grant amount (including multi-year grants).

Folkestone & Hythe - 8 grants Canterbury - 6 grants Medway - 4 grants Tunbridge Wells - 4 grants Swale - 4 grants Dover - 3 grants Maidstone - 3 grants Gravesham - 1 grant Thanet - 1 grant Tonbridge & Malling – 1 grant

The chart below showing grading of the 35 monitoring reports:

Page 3

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Report of the Trustees

for the year ended 31st March 2025

ACHIEVEMENT AND PERFORMANCE - continued

Colyer Fergusson Charitable Trust - match funding partnership

The match funding partnership between Colyer-Fergusson Charitable Trust (CFCT) and the Philip and Connie Phillips Foundation (PCPF) was agreed in June 2023. A second grant of £150,000 was agreed in November 2024 by CFCT to be drawn down over the year to match fund grants against two of the Foundation’s priority areas: elderly and health.

FINANCIAL REVIEW

The Foundation's work is reliant on its investment returns and its investment capital on which it may draw down. The invested funds are managed by Rathbones.

In the previous year the trustees adopted a more predictable investment strategy, moving its equity investments into government bonds. The approach gave stability to expected returns and aligned the lifetime and value of investments with grant requirements. The investment policy is continually reviewed but this remains the preferred approach, given the long-term stability and attractive, reliable returns. The trustees were again happy with the performance of the fund manager and were grateful for the advice received during the period.

During the year dividends of £126 (2024: £31,304) were received. At the period end the net assets of the charity totalled £1,549,266 (2024: £1,715,899), with investments held valued at £1,249,437 (2024: £1,530,242).

Investment policy and performance

The trustees have established a policy for a complete withdrawal of funds over a ten-year period. The policy aims to optimise returns on investment during this period so as to maximise its grant expenditure. The high levels of stock market volatility and the continuing uncertainty regarding world economic prospects makes the performance of investments difficult to predict, which prompted the move to government bonds in the prior year.

Risk management

The principal risks faced by the Foundation lie in the performance of investments and operational risks from ineffective grant making and the capacity of the Foundation to make effective grants. This risk has been intensified by the lasting impact of COVID-19, the threat of recession and global events that have caused continued uncertainty, potentially resulting in a loss to investment value and a reduced investment income. This risk is mitigated by retaining expert investment managers and having a diversified investment portfolio.

The operational risk from ineffective grant awards is managed by retaining trustees of appropriate experience and ensuring that strict procedures are followed throughout the grant application and award procedure. Grants made are subject to a monitoring process to ensure that they have been used for the express purpose that they were applied for.

Reserves policy

The trustees aim to maintain its liquid funds at a level which equates to approximately twelve months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to respond to applications for grants and ensure that support and governance costs are covered.

The trustees maintain reserves so as to meet its overall objective of expending its funds over a ten year period.

Commitments and Liabilities

A commitment of £8,000 to Caring Together on Romney Marsh has been made for the period ending 31st March 2026.

Page 4

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Report of the Trustees

for the year ended 31st March 2025

FINANCIAL REVIEW - continued Plans for the future

The charity will continue to award and monitor grants according to its grant cycle, while work will continue to promote the charity to ensure that those with aligning objects are aware of its existence.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Foundation is a charitable incorporated organisation, registered on 17 June 2020. It was established by an initial gift in the wills of Connie and Philip Phillips, who resided in Kent before they died. The Foundation does not actively fundraise and seeks to continue its charitable work through the careful stewardship of these resources.

The charity’s governing document allows the trustees to meet and conduct meetings virtually. At the quarterly trustees' meetings, the trustees agree the broad strategy and areas of activity for the Trust, including consideration of grant making, investment, reserves and risk management policies and performance.

The trustees consider the board of trustees as comprising the key management personnel of the charity in charge of directing and controlling the charity and running and operating the charity on a day to day basis. All trustees give of their time freely and no trustee remuneration was paid in the year.

New trustees are appointed by the Board of Trustees and appointments are undertaken in order to meet the experience requirements of the Board of Trustees at the time. There is no formal recruitment policy.

CHARITY GOVERNANCE CODE

The Board of Trustees oversees the charity’s governance policies and procedures. All work undertaken is in line with the Charity Governance Code which although not a legal or regulatory requirement, it sets the principles and recommended practice for good governance. The charity recognises that good governance is fundamental to its success and strives to develop high standards of governance.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number 1189984

Registered office

Suffolk House George Street Croydon Surrey CR0 0YN

Trustees

D J Wilkes P du Cassé J Austin L Hollands (resigned 02 July 2025) J Davies

Approved by order of the board of trustees on 30 January 2026 and signed on its behalf by:

J Austin - Trustee

Page 5

Independent Examiner's Report to the Trustees of The Philip & Connie Phillips Foundation

Independent examiner's report to the trustees of The Philip & Connie Phillips Foundation

I report to the charity trustees on my examination of the accounts for the year ended 31st March 2025.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Stephen John Monger, ACA Chartered Accountant 10 St Edith’s Road Kemsing Kent

Date: 3 0 January 2026

Page 6

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Statement of Financial Activities For the year ended 31 March 2025

Note
INCOME FROM
Charitable activities
2
Investments
3
Total income
EXPENDITURE ON
Raising funds
4
Charitable activities
- Grants paid in the year
5
- Other support costs
Net gains/(losses) on investments
Net income / (expenditure)
Total funds brought forward
Total funds carried forward		 Restricted
Funds
2025
£
150,000
-
150,000
-
52,113
8,157
60,270
-
89,730
55,444
145,174		 Unrestricted
Funds
2025
£
-
21,927
21,927
4,781
275,565
33,005
313,351
35,071
(256,353)
1,660,445
1,404,092		 Total
Funds
2025
£
150,000
21,927
171,927
4,781
327,678
41,162
373,621
35,071
(166,623)
1,715,889
1,549,266		 Total
Funds
2024
£
100,000
43,717
143,717
9,893
313,477
34,294
357,664
(12,834)
(226,781)
1,942,670
1,715,889

All amounts are from continuing activities.

The Statement of Financial Activities includes all gains and losses recognised in the year. There is no other comprehensive income in the year, or in the previous year.

The notes on page 9 - 15 form part of these financial statements.

Page 7

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Balance Sheet

For the year ended 31 March 2025

Note
FIXED ASSETS
Investments
7
CURRENT ASSETS
Cash at bank
CURRENT LIABILITIES
Creditors: amounts falling due within one year
8
NET CURRENT ASSETS
NET ASSETS
FUNDS
Restricted funds
Unrestricted funds
9		 £
£
1,249,437
317,023
(17,194)
299,829
1,549,266
145,174
1,404,092
1,549,266
2025		 £
£
1,530,242
198,075
(12,428)
185,647
1,715,889
55,444
1,660,445
1,715,889
2024		 £
£
1,530,242
198,075
(12,428)
185,647
1,715,889
55,444
1,660,445
1,715,889
2024
1,715,889
55,444
1,660,445
1,715,889

The financial statements were approved by the Board of Trustees and authorised for issue on 30 January 2026 a nd were signed on its behalf by:

J Austin - Trustee

The notes on page 9 - 15 form part of these financial statements.

Page 8

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Notes to the Financial Statements For the year ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

The charity has elected to apply the exemption under FRS 102 from preparing a cash flow statement.

The comparative financial statements cover the year ended 31st March 2024.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Realised and unrealised gains and losses

All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and opening carrying value (purchase date if later). Unrealised gains and losses are calculated as the difference between the market value at the year end and opening carrying value (or purchase date if later).

Fixed asset investments

Investments are stated at market value as at the balance sheet date. The statement of financial activities includes the net gains and losses arising on revaluation and disposal throughout the year.

Page 9

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Notes to the Financial Statements

For the year ended 31 March 2025

1. ACCOUNTING POLICIES (continued)

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.
CHARITABLE ACTIVITIES
Grants
3.
INVESTMENT INCOME
Dividends received
Deposit account interest
4.
RAISING FUNDS
Investment management costs - Portfolio management		 Total
Funds
2025
£
150,000
Total
Funds
2025
£
126
21,801
21,927
Total
Funds
2025
£
4,781		 Total
Funds
2024
£
100,000
Total
Funds
2024
£
31,304
12,413
43,717
Total
Funds
2024
£
9,893

Page 10

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Notes to the Financial Statements

For the year ended 31 March 2025

GRANTS PAYABLE
Grants paid in the year		 Total
Funds
2025
£
327,678
327,678		 Total
Funds
2024
£
313,477
313,477

5. GRANTS PAYABLE

The total grants paid to institutions during the period was as follows:

21 Together
Abbey Physic Community Garden
Age UK Sheppey
All Saints Community Project Trust
Ashford Volunteer Centre
BeChange
Bright Shadow CIO
The Canterbury District C.A.B
Canterbury Housing Advice Centre
Canterbury Umbrella Centre
Caring Altogether on Romney Marsh
Catching Lives
Child’s Vision
Communigrow
Council for Voluntary Service for NW Kent
Disability Assist
Dover Smart Project
East Kent Rape Crisis Centre
Edenbridge & Westerham Citizens Advice
FASD Awareness
Faversham Umbrella
Food Friends UK
Fusion Maidstone
Gravesham Sanctuary CIO
Headway Kent
Hi Kent
Home-Start Ashford & District
Home-Start Dover District
Keep Talking Service
Kent Refugee Action Network
Making a Difference to Maidstone Charity
Mama to Mama
Medway African & Caribbean Association
Medway Foodbank
Medway Puzzles
Mental Health Resource
Mid Kent Mind
Moving Memory Dance Theatre Company
Napier Friends
Oasis Community Hub: Isle of Sheppey
Balance carried forward		 2025
restricted
2025
unrestricted
2024
restricted
£
£
£
-
5,000
-
-
7,000
-
-
9,617
-
-
6,100
-
-
9,370
-
-
7,000
-
-
10,000
-
-
5,000
-
-
8,000
-
4,000
4,000
-
8,000
-
-
-
10,000
-
-
8,500
-
-
3,000
-
-
5,000
-
-
9,950
-
4,894
4,894
-
-
7,000
-
-
5,000
-
-
5,000
5,000
-
5,000
-
4,750
4,750
-
-
5,000
-
-
5,000
-
4,776
4,776
-
3,000
3,000
-
-
5,000
-
-
5,000
-
-
7,000
-
-
7,000
-
-
5,000
-
-
8,000
-
3,000
3,000
-
-
5,000
-
3,000
3,000
-
-
5,000
-
4,943
4,943
-
3,750
3,750
-
-
7,000
-
-
5,000
-
44,113
230,650
5,000		 2024
unrestricted
£
-
-
-
5,000
-
-
5,170
-
5,000
-
5,000
10,000
-
-
7,750
-
9,600
-
-
5,000
-
-
5,000
-
-
-
-
-
-
-
5,000
-
7,500
5,000
8,328
-
-
-
5,000
-
88,348

Page 11

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Notes to the Financial Statements For the year ended 31 March 2025

5. GRANTS PAYABLE (continued) 2025 2025 2024 2024
restricted unrestricted restricted unrestricted
Balance brought forward 44,113 230,650 5,000 88,348
Pie Factory Music - 5,000 - -
Second Chance Charity - 7,000 - -
Slide Away - 9,915 - 4,000
Swale Community and Voluntary Services 3,000 3,000 - -
Thanet Community Development Trust 5,000 5,000 - -
Walk Tall - 5,000 - -
West Kent Mind - 10,000 - -
Age Concern Sandwich Centre - - - 5,000
Age UK Tunbridge Wells - - 5,000 5,000
Ashford and Tenterden Umbrella - - 5,000 5,000
Baby Umbrella - - - 9,721
Citizens Advice Swale - - - 5,000
Dads Unlimited - - - 8,000
Faversham Assistance Centre - - 3,500 3,500
Folkstone Nepalese Community - - - 8,286
Folkstone Rainbow Centre - - - 5,000
GAP – A Thanet Community Project - - - 9,906
Home Start Medway - - - 5,000
Home Start North West Kent - - - 5,000
Kent Coast Volunteering - - 5,000 5,000
Life and Soul Youth Work - - - 5,000
Lighthouse on the Marsh - - 4,250 4,250
Maidstone Churches Winter Shelter - - - 8,000
Medway Parents & Carers Forum - - - 7,786
People United - - - 5,000
Refocus Project - - - 7,500
Riverside Church - - - 5,000
Romney Marsh Community Hub - - 5,000 5,000
Rubicon Cares - - - 5,000
Samphire - - - 5,000
SATEDA - - - 5,000
Something in Kent - - - 7,900
South Kent Mind - - 4,565 4,565
Space 2 Be Me - - - 5,000
Sunflower House - - 3,450 3,450
Take Off - - - 5,000
Wellbeing in the Weald - - - 5,000
West Kent Debt Advice - - - 7,500

52,113 275,565 40,765 272,712

Page 12

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Notes to the Financial Statements For the year ended 31 March 2025

6. TRUSTEES' REMUNERATION AND BENEFITS

No trustees received any remuneration or any benefits in kind in either the current year or the previous year.

No trustees received any reimbursement of expenses in either the current year or the previous year.

7.
FIXED ASSET INVESTMENTS
Shares
Other
MARKET VALUE
At 1 April 2024
Additions at cost
Disposals at carrying value
Net gain/(loss) on revaluation
At 31 March 2025
There were no investment assets outside of the UK.
Investments are comprised of:
Fixed interest securities
Equities
Alternatives
Cash
8.
CREDITORS: amounts falling due within one year
Accruals		 Total
Funds
2025
£
1,248,798
639
1,249,437
1,248,798
-
-
639
1,249,437
2025
£
17,194		 Total
Funds
2024
£
1,299,396
230,846
1,530,242
Listed
£
1,299,396
20,020
105,689)
(
35,071
1,248,798
1,299,396
-
-
230,846
1,530,242
2024
£
12,428

Page 13

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Notes to the Financial Statements For the year ended 31 March 2025

9.
STATEMENT OF FUNDS 2025
General funds
Restricted funds
Total funds
STATEMENT OF FUNDS 2024
General funds
Restricted funds
Total funds		 Brought
Forward
£
1,660,445
55,444
1,715,889
Brought
Forward
£
1,942,670
-
1,942,670		 Incoming
Resources
£
21,927
150,000
171,927
Incoming
Resources
£
43,717
100,000
143,717		 Resources
Expended
£
(313,351)
(60,270)
(373,621)
Resources
Expended
£
(313,108)
(44,556)
(357,664)		 Gains and
losses
£
35,071
-
35,071
Gains and
losses
£
(12,834)
-
(12,834)		 Carried
Forward
£
1,404,092
145,174
1,549,266
Carried
Forward
£
1,660,445
55,444
1,715,889

Restricted funds

Restricted funds represent grants received to enable specific areas of charitable activities to be undertaken. The restricted funds held at the year end of £145,174 (2024: £55,444) related to funding from the Colyer-Fergusson Charitable Trust, which was granted in 2024 in relation to a match-funding partnership. More detail is given in the Trustees' report.

10. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2025
Fixed asset investments
Cash at bank
Creditors: amounts falling due within one year
ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024
Fixed asset investments
Cash at bank
Creditors: amounts falling due within one year		 Restricted
Funds
£
-
145,174
-
145,174
Restricted
Funds
£
-
55,444
-
55,444		 Unrestricted
Funds
£
1,249,437
171,849
(17,194)
1,404,092
Unrestricted
Funds
£
1,530,242
142,631
(12,428)
1,660,445		 Total
Funds
£
1,249,437
317,023
(17,194)
1,549,266
Total
Funds
£
1,530,242
198,075
(12,428)
1,715,889

Page 14

THE PHILIP & CONNIE PHILLIPS FOUNDATION

Notes to the Financial Statements For the year ended 31 March 2025

11. TAXATION

As a registered charity, no tax arises on trading surpluses (since all the trading is carried out in pursuit of the charitable company's primary purposes), voluntary income or interest. The charity is exempt from corporation tax.

12. RELATED PARTY TRANSACTIONS

During the year, the charity incurred expenses of £1,698 (2024: £1,740) from TC SWP Ltd (formerly Simpson Wreford and Partners), an accountancy firm which P du Cassé jointly controls with others. These expenses were wholly in relation to statutory accounting services.

13. COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES (2024)
INCOME FROM
Charitable Activities
Investments
Total income
EXPENDITURE ON
Raising funds
Charitable activities
- Grants paid in the year
- Other
Net gains/(losses) on investments
Net income / (expenditure)
Total funds brought forward
Total funds carried forward		 Restricted
Funds
2024
£
100,000
-
100,000
-
40,765
3,791
44,556
-
55,444
-
55,444		 Unrestricted
Funds
2024
£
-
43,717
43,717
9,893
272,712
30,503
313,108
(12,834)
(282,225)
1,942,670
1,660,445		 Total
Funds
2024
£
100,000
43,717
143,717
9,893
313,477
34,294
357,664
(12,834)
(226,781)
1,942,670
1,715,889

14. Commitments and Liabilities

A commitment of £8,000 to Caring Altogether on Romney Marsh (2024: £5,000 to FASD Awareness) has been made for the period ending 31st March 2026.

Page 15