REGISTERED COMPANI. NUhlBF.R: 1274.1725 (F.ngl&nd and lTrales} REGISTERED CHARITY NUMBER: J191947 REPORT OF THE TRLSTEES AND LTr 4UDITF.D FIN.&YCI.11. ST.4TF.IqF.NTS FOR THE I"EAR E)DED 31 DECEP¥1BER 2024 FOR SJC87 1.%ITIATII.'E UK $7 IP4lTI.4TII-E Muk&4h Iiburrun- Sa￿s and Co 43 Heaib Road ChadMLII HL-ath Romford Essex RM66LJ SJC.117 1NITI.4TII"F. UK CONTESTS OF THE FfN.4Nci.4L ST4TEIIENTS ort e i.ear en ece er Page Report of the Tru51ee5 Independent Examiner's Rwrt Statejnent of FIna￿cIAl AetiTrities Balance Sheet Notes to the FiThanci81 Staternents 9 to 13 SJC87 INITIA TII.T. l-tk IRF.GISTF.RF.D NLMBF.R: 12743725) REPORT OFTHE TRLSTEE. for the l'ear eDded.11 Deeemher 24 The trnslees who are also directors of the charity for the purp)ses of the Cojnpanies Act 2006, present their report wilh the financial btsttrnents uf tht Lharily for the VLllr ended 3 1 DeLL'niber ?0?4. The trustLCS huvt udvpted ihL' pio%'ision% uf AL￿.￿u￿ting Reporting by ChaTitie5'. Stattment of Recomrnevded Practice applicabl- to chaTities preparing their accouHts in accordance with the Financial Reporting Sthndard applicable in the UK and Republic of Ireland {FRS 102) letTe￿•ve l January 20191. OWECTIIIES AND ACTIVITIES Objectives #nd aims The primarv objectives of the chariry are to promote and provide for the advancerneni ot educaiion, Tamil culture, physical and mental health of children, and the relief of po¥erty. This will be achieved throu￿ the provision of grants to ils sister chai'ity and Indi￿1￿Ul&1%. ptitllatily in Sri Lanka al40 in tht Uk. Thc trllS1c￿ arc of Ihc opinion that thi Lh8ritN musi nLgintsin full trat)sparcDCy. and dic published finat)cial stalLmcnls mllsi illLludc detailed activities including submission of Ihe tull financial 51atemenis 2t iy)ih cojnpanv's house aTid charity comini5SIOll. Principal ACtI￿tiCS gnd review The PTincip31 aciivity of the Chanty is to provide welfare support foi s￿￿entS in both School and higher educalion, as well as to offer monthly grant5 to those in need. Given the positive momentuin in raising awareness al￿ support for the chariry. the cojnmibneni of existing and new donors to provide annual donatioDs, and the high regatLI in which ihe charity is held. Ihe risk ot the chatity extKiiencin(T a signiticant reductio in income frotn fi￿d[al$l￿g in Ihe near fuiute is ¢oll5idered low. Public benefit The Lrusieeb hai'e referred io the guidance contained in the Chariry CommissM)n's general guidance public ￿nefiT, and 'The AdvanLemeni of clll￿re &nd eduLation for Ihe Public Benefit. in particthar. ￿.]ien reviewing Ihe aim8 and objE*Yive% c)f the Lharity and in planning the chariry's full￿¢ aeiiviiies.The aims of the charity for ihe publie benefii are detailed in ih¢ 'Objectives and Activities, section of this report. Crant Trlaking Polic>. The L'h￿rity niakeK Ot￿r chantie4 thdt fulfil its. 0bjeL't￿. Befote furthei projecL4 are L'unsidered the Lharity will invite applicatior15 throuJo adTrertisillg in appropriate tntdia. Detailed selection criletia will be 3oreed in advance. Other grant reque51s are received and dealt with when funds are available. Volunteer5 Duiin¥ thc pcriod thc Lharity had d llUTnbcr of pc(wlc wowk.ing d% yulun￿cTr. Thc Lonrributivn vllri￿ frL)tn fcw hours to duys. Page I SJC87 INITIA TII.T. l-tk IRF.GISTF.RF.D NLMBF.R: 12743725) REPORT OFTHE TRLSTEE. for the l'ear eDded.11 Deeemher 24 ACHIEVEMENT AND PERFORMANCE Charitable artii'ities Duiin¥ the ytur thL chaTity inddc ¥[￿t.) to its. %i%ier LIN￿ltY in Sn LdnkL, St. Juhn's Butch of 1987 tr￿1, &5 follow4, Siud¢Trts 5cholar5hiplsponsorshipl and Rchool help Students wellbeing Mea15 to orphanage Help with Ihe flothjs in the UpcLMtntry £?9.840 £4?5 £41MI £l.li5 In total rhe chariry sponsored 105 students. FIDM grade I to GCE (JL GCE AIL UniveTSiiy 14 28 Break down of university S￿dentS by faculty Faculty A¥riculiure and Bio %y%tem Arts Ejigineering Health ICT Numbers 29 Science dnd edtjcalion Managemeni The charity had no adrnini5tratlOll C05t during the period. The governance cosl of £60 relat£5 to bank charge5 and £15 relates lo submission of annual confimiail￿ gtsiemeni. Fundraising acti￿711£$ Th¢ Lharily hds a eood reputation w'ithin the Tafftil iotnn]uDils and a w)ol of regul2r donors who w'ish to hake u part in the ¢haritsble activities of the charity. Existing donors often recommend and en¢oura¥*e oiher philanthropists lo pledge their suppon to the success of the cliarity- As such. Ihe trusites do noi engage profess.'onal ￿ndraIserS nor do thev undertake public collectioiis or Lold L'*lls. Fundraising encompass￿ all revenue-generoling a¢tiviii¢s_ Tr chariiy does not receive any in¢ome from Government or State funds. Almost all Ihe incorne is genera(ed Ihn)ugh word of mouth. the periLwJ. Ihe charity did not conduct any fundrdising evenis. The priniary objLLlivL of thL ch¢￿ty i% iv mainuin zcrv ¥dminislrdtiun c￿*1￿. cllsuiing ihllt all fund% dircLtly bLncfil thc llLLdy Inerable The charit! has implemented robusi policies to protect trvlnetable individuals and ensurt fair treatment of donois. No complaints were received during the year regarding fuThdraising acliviiies. The charity's sister chanty in Sri Lanka. Si, John's Batch of1987 trusL published its audited financial Statements for the peritKI £T￿ed 31 D¢cember ?024 on 25 Jan￿ry 2U25 ¥nd these We￿ Lir¢ulaied to the donors and M'ell wishers on i February 2025. FINANC.IAL REVIEW Financial position During the year ihe charity had net surplus of £2.754 12023 £2.164 ner expendiwre) taking ioral funds carried torward to £10,08612023- £7.-1321. Page 2 SJC87 INITIA TII.T. l-tk IRF.GISTF.RF.D NLMBF.R: 12743725) REPORT OFTHE TRLSTEE. for the l'ear eDded.11 Deeemher 24 FINANCIAL REV IEW R¢strvc$ polit) The lThsttes have established tht level of Teserves {thal is Ih05e funds ihal aTe fre£ly available) that the cha￿ty ought to have. Reserves needed to bridge the funding gaps be¢￿een spending on aciiNities and receiving resour¢es through iioluntary iniome. The tru%tees ¢oniider thai the ideal lel'el of reserves a.% at 31 Dec£m￿r 20?4 ￿OllId be thr￿ inonth& of re¥ources expended. How¢v¢r the is operaied as a Ètani gifvinÉ charity. and Ihe trusiees. tK)lity is 10 only seek 10 distribute or commil the incoine arising in each fiiiatkial ycar. The Lharity had rc5crv¢s of LIO.V116 at the yLar end. The Irusiees are actively pursuing source5 of funding in order lo ensure that there are sufficient re5eTres to prowide for fulure financial tability 4tnLI Iltxibility an(1 io ¢Tthle Ihe ch31ity to cxp3T￿ it5 actiN"itiQ*. Gning ¢on¢ern The IrLl5tees have assessed wheiher the use of the.￿lIng concern a￿l￿ptIOn is appropriale in prepaiing these linallcial ststewnenls. They have made this assessment ill regpeci of a of one vvar from the dale of approval of these financial siatemenis. The Iruslees have concluded that there are no malenal uncerlainlie5 related io events or conditions ihat Tnay cast significani doubt o the ability of the Trust to Contin￿ 85 a going Concern. They aTe of the (y)inion that the charity w'ill have sutTitient resourLes 10 meet its liabiliiies as Ihey fall due. FITLIRE PLAP4S Th¥ charii). plans 10 ¢ottiinue giving gtanis io 11$ sisier chatiry in Sn LaDka. Si. John's Baich of 1987 itusi and oihei chatities wilh similar objeclives in lint with the trustets, Vision of making a ￿￿01ble impaci to tht activilies of the Charity's beneficiaries. Wotknng closely wilh Ihe sisier cbariry in Sri Lanw the chariiy will coniinue to further the neeits of ihe needv individual's who are of schoul and hi￿er edulation age. STRUCTURE. GOWERN.4NCE.4ND MANAGE￿IE￿r Govtrnlng d(*ument The cliarilv is controlled by its goi'erning a deed of trusl. and constitutes a limited company, limited by guarantee. as defI[￿d by the Cumpanies Act 2(KJ6. Reeruitment artd xppointmertt Of rtew trustees Therc must bt ai least three Imqtees at anj one time. New rnust be appoiTtted by a resolution of the Trustees p￿Sed at a special meeiintT New iNstees are s¢le¢i¢d for ih¢ir skill, knowledg¢ and experience needed for ihe effective adminisiraiion of the charity. New trustees Lindergo a fomial veiiill8 proce5i before apwintrnenl. Organis2tional strlltture ThL board uf tru%lLC% adininistir% ihc Lharity.. The Irustccs nill%t hold at Icast two ordinary incLtings trach )car. OllL %uLh mLLtin¥ niust involve the physical p￿SenCe of Ihose truslees In attendance. The Iru%te¢s are vi&rilant to the poiential conflict of interest which could ari.%e shollld they knefit financiall). from tlie charity or wher¢ the￿ diifie.s as djreeitsrs L)f the from *.hith donxiiong are reeei%'ed woiild coin￿le ￿lIh Iheir duiies 10 the thiÉ nly The trnsiees consider anv potential conflici of inter￿t issues before ihev tske decisions aThJ mitigate these by involvinL* independeni thiid partits where nece5sar>'. In addition an independent trusiee has been appoinred and protocols are in place which require a tlicted tru%tte to withdraw any dI￿u5510￿& where the￿ may he a ￿lIentIal ronflici. Induction tr&ining of nt* trustee$ Any new tW51ee will be fully briefed on the history of the trust. and its objectives aTKI plans. a5 well as the managenient and operational procebses. Trustees can reiire ￿'hen they wish #s ihe!. do not sern'e under a flxed tem) of ienure. Page 3 SJC87 INITIA TII.T. l-tk IRF.GISTF.RF.D NLMBF.R: 12743725) REPORT OFTHE TRLSTEE. for the l'ear eDded.11 Deeemher 24 STRUCTURE, GOVERNANCE AND MANAGEMENr Risk m#rt&g¢m¢nt The trustee5 have a dury to Idenhfy and review the risk5 to which the charity is exposed and to ensure appropriate controls aTe in place to provide reasonable assurance against fraud and error. REFEREF4CE AND ADI¥IIP4lSTRATIW E DETAIIS Re%i$tered Company number 12743725 (Lnftland and l¥'alesl Regi5ter¥d Charitv Number 1191947 Registered 19-2U Boume Coun Soiithend Rodd Woodford Green Trustees Mr T Mohanavel Mr S Satyendird Mr S Thurairainam Con]paDI' Secretary Mr S Thurairainam Independent Examiner MukeJh ItburrLUJ - S￿s and Co 43 HeaTh Road CI)ad￿'ell Heaih Rointurd Essex 6LJ Thib report has been prepared in accordance wilh ihe special provisions of Pan 15 of the Companies Aci 2￿)6 relaiing ro small Approved by order of rhe board of trnstees on 9 February 2025 and si￿d on its behalf by.. Mr S Thurairainam- TNslee Page 4 IhDF.PF.NDF.NT F.X.4)ItIF.R'S RF.PORT TO THF. TRUSTF.F.S OF Independent tx&minerf5 ￿pOrt to thv trustees of &VC87 Iniliatitre LK ('the report io rhe uharii>' Irusie¢s on m}. examination of the aicoimts of the Compani" for ih¢ ￿ar ended 31 D¢¢ember 2024. ReSPOT15ibilities bw515 Dr report As ihe ch&riTh's tmsiees of the Company (and also its directors for the purposes of cornpany law) you are responsible for the prtpurlltion uf tht ￿L'cuU11t￿ ￿ accord4LllCe with tht rtsiiiiremLllt4 uf tht con1p4￿1￿ Aci 2O(kn i*he 20D6 Ac¢l. Hjving satisfieL1 myselt that the accoun￿ of ihe Company are not required ¢0 be audited under Part 16 Ol- the 2006 Aci and are ¢ljÉTibl¢ for independenl examination, I report in respect of rny exaniination of your charit)'s accounts a& carried out under Section 145 of Ihe Charities Aci 2011 I'ihe 2011 Aci'l. In carfying oui my examittsiion I have lollowed the Direciions given b5, Ihe Chariiy Commission undcr Sc¢tion 145{51 Ibl of t}￿ 2011 Abt. Independent exatniner 5 5taternent I haN'e conipl¢t¢d my exaTnin(iliTrD. I confJTm thal maltCY5 have come to wny attention in coDnertIt￿ wilh th¢ exdtnin4tiTrn giving tne ¢aus¢ lo beliew¢'. accou￿ti[1g record5 were Dot kept in respect of ihe Company as required bv s￿tioN 386 Ol'the 2￿6 Act: or Ihe accounts do not accord with those re¢onk- or the dc£ountkS do not comply with the accoujiting requireinents- ofsection 396 of the 21K)6 Act other than any r4uirement that Ihe account5 gipe a ITue aTrd fair view H'hich is nol a Tn311er con51dered as part oran independent exaiMinalioll- or the aCLounts hav¢ not b¢cn prepared in aciordanie with the tneththls and priniiples uf the Statement ot Reiotrllnended Practl¥e tor a¢countingy and reportin& b! cF.arities lapplicable to chariiits preparing their ac¢ouiits iii accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Irelalld IFRS 1021). I have no concerns and ILaYe come across no oiher rnalTets in toDAeciion with ihe eXamin￿10n TO which al￿nIlon should be drawn in this report in ordtr to tnable a proper undetstst￿ing ofiht accounis io bt reacht FCC.4 Mukesh Ttburnin - Sans and Co 43 Heaih Road ChadwLII HLaih Romford Essex RM6 OLJ 9 FLbruary 20?5 Page 5 SJC.117 1NITI.4TII"F. UK STATEhlEIT OF FINA%CI.4L.Icrii'iTIES or the l'ear eDded.11 Deeemher 24 2n24 2023 Total fund Unrestricied tund Note5 INC.o￿lE AND ENDOII'MENTS FROi¥I Di)naiions and l¢¥Tacie& 46.079 XPLNDI'I'LIRK OP4 Charitable arti%'itie5 Adv£lnLLmLnt of LduLution, rclicf of wvcrty and advan¢emeni of culiural activiiies Governallie Lost Total 43.250 75 43.925 75 NET IL¥COMEI(EXPENDITURE) 2.754 12.164) RECONCILIATION OF FUIYDS Tutal fund% biou¥ht futward 9,49() TOTAL FUNDS CARRIED FORWARD The notes lorni part of these fuk￿claI siatements Page 6 SJC87 INITIA TII.T. l-tk IRF.GISTF.RF.D NLMBF.R: 12743725) B.4L.4NCE SHEET .11 De¢ember 21b74 2(124 2Q23 Total fund Unrestricied tund Note5 CURREiNT ASSETS Ca%h at bank 10,086 7J32 NL'I. LURRLN'I. ASSk'lS IU.118(1 TOTAL ASSETS LESS CURRENT LIABILITIES 10.086 7,332 NET ASSETS FLNDS Unrt51ricltd fund5 TOTAL FUNDS i 0.0x6 Thc chariiablc companv is cniiilid io cxcwrion fmm audit undcr S(mion 477 of thc Companics Act 20(N5 for ihc ycar cndcd 3 L DecEmtKr 2024. The members have not required the company io obthin an auth"i ofits fu￿￿1a1 siaiemenis for ihe sear ended 31 December 2024 in aLctsidanie ￿'1th ScLtioll 476 ot thc Companies ALt LUO6. The Iru%teeb acknowledge their ￿pOn￿lblljLl4s for ensuring that the Charl￿ble company ke¢ps accouniing rtyords that comply with Seclions 386 and 387 of the Companies Act 20U6 and preparin17 financial 51ateTneTrts which oiye a mie and tair view of Ihe 51ate of affairs of The charitablE company ￿ at the end of eJ¢h finaniial }'ear and of its surplus or deficii for each financial s'ear in aiYorda])ce with the requirements rf Se¢tions 394 nd 395 and which oihenvise comply with the requirenient% 01 the Companie% Aci ?006 relating to financidl %tatewnenl.4. so Idf &ppIILdblr tu thr Lknriidblr Lumpiiny. (bl The notes lorni part of these fuk￿claI siatements Page 7 continued... SJC87 INITIA TII.T. l-tk IRF.GISTF.RF.D NLMBF.R: 12743725) B.4LAliCE SHEET- ¢ontinued .11 December 21b74 These tinan¢ial slatETnents have been pre￿￿1 in a¢cordanct M""Ith Ihe provisions applicable to chaiilable ¢QTnpanie5 subject 10 the small companies regime. The Iinancial st8￿Ments were Jpproved by the Board of T￿￿te5 and auihorised for issue on g Febmary 2025 and were signed on its behalf by.. Mr S Thurairatnam- Twsl¢e Mr T Mohanavel - Tnjsiee The notes lorni part of these fuk￿claI siatements Page 8 SJC.117 1NITI.4TII"F. UK (YrES TO THE FIj.4NCI.*L STATEIIE)TS or the l'ear ended.11 Deeemher 24 ACCOUNTING POLICIES BASIS of pr¢pgring th¢ fingnei*l ¥#tcm¢ttts The fiTraDcial 5taternent5 of the charitable COTnpany. which is a public benefit entrty under FRS 102, have prepaTed in a¢¢ordanLe with th¢ Chiriiies SORP IFRS I 0?> 'A¢couniing and Rew)rting bv CThariiies'. Statement of Recommended Praciice applicable to Charities preparing their accounis in accordance w'ith the Fil￿ncIal Reponin¥Y Sundard applicabl¢ in the UK R¢publi¢ ol Ireland IFRS 102) ItffeLtii"e l Januan. 2019),. Financial Reponing. Siandard 102 'Tlie Financial Reponing Stundard applicabll it] Ihl UK and Rcpiiblic of Ircland. and Ihc Companics Act 2W6. Thc financial statcmLnts have been prepared under the historical Cosi convention. Critical a¢¢ounting Judgeme￿15 a￿d ke!. 5•urct5 of estimatio￿ Dnraiion LLi pur:)OSL5. Accordin¥l). thc c(>nipdny is p)tcntially LXLmpt from taxation in ￿SpeCt of incoTne or capital gaivs receiTred w'ithin caLegories col'ered by Pi. I l. Ch. 3 of the C.OTporation Tax Act 2010 or s. 256 of the Taxation of Charge¥ble Gains Aci 1992. to the extent that such incon￿ or gains ore applied exclusively t(Tr charitable purposes. Fund at¢ounti#g Unresiri¢ted tunds can ￿ used in x¢ordance with the chariiable objectives at the discretion of the trustees. Restricl¢(I furd£ can he u%ed for particular restricted wiihin the objects of ihe charity. Re%triction% arise wh¢ specifled by th¢ donor or when fuLth are raised for panicular r¢5tricied purposes. Further explanation ot the natUTe and purpose ol'each fi]nd is included in the notes to the linancial stalernents. Page 9 continued... SJC.117 1NITI.4TII"F. UK NOTES TO THE FI￿.4￿Cl.￿L ST.*TE)IENTS- continutd or the l'ear eDded.11 Deeemher 24 ACCOUNTING POLICIES- cvmtinued Cthsh It b*)nk in h#ttd Cash al bank" and cash in hand Includes &ish and shorf tertn highly liquid inve51rneDts with a short rnarunty of three rnonih5 or less from the dwe of acquisition oropening of the dew)sit or similar ac¢ownL Credltors and protrffislons CrLditors dre IC¥ogrLiSLd w'hcrl therc is an obllgation at thL balanic sheet date as a Ilsult of a past cvent. it is probablc that a transter of'economic benetii will be required in seulemeni. and the amoufti ot-settlenieni Can be estimated reliably. Financial instrytnents ThL charity onlv has financial assets and financial liabiliiies of a kind ihat qualify as basic finan¥ial instrun)ents. Basic finanLial instrumcnis arc initially rccogniscd ai tran￿li01} K'aluc and subscqllcntlv mcasurcd ai thLir sctilcmcnt valuc ckccpt tor bank loans B'hich are sub5equ¢ntlv mea>llTed al the carryinn &alue plus accrued inteie5t less Tepa￿lle￿Is. The financing charge io expenditure is at a consi￿1 rate calculaied using the effeciive inieresi mah DONATIONS.4ND LEGACIES 2024 2023 Donations Gill uid 31,835 13,(￿8 8.778 4183f) CHARITABLE ACtIVlTIES COSTS Grant ndino of aciiTriiies {qLL notc 41 Sup]x)rt DiiLct Costs ole 5} Totals Advancement of education. relief of poverty and adi'ancemeni of ¢uliurnl aLti% ItiL Governance cost 43,25 75 15 Page 10 continued... SJC.117 1NITI.4TII"F. UK NOTES TO THE FI￿.4￿Cl.￿L ST.*TE)IENTS- continutd or the l'ear eDded.11 Deeemher 24 GRATr4TS PAYABLE 2024 2023 Advallcement of ￿UcatIoN. relief of poverty and ad￿a￿Cerne￿t of cultural xtivilies The tottsl grants paid tts inslitutions during tk year w&s as follows". 2024 2023 St.John'% BatLh ot'1987 Trust SUPPORT ClkSTS Finathce Govemance co TRUSTEES, REMUNERATION AND BENEFITS There were tTU5te¢s' remuneration or oiher bEnetits for t1￿ year eDded 31 December 2n24 nor tor the year endfd 31 D¢ceniber 2027. Trusttts, eiptffises There were trustees, expenses paid for the y&ir en&d 31 December 2024 nor f(Y the y&ir ended 31 Decelnbcr 2023. COMPAIUTII'ES FOR THE STATEIIIENT OF FINANCIAL ACtIVlTIES Unre%triited fund INCOME AND fNDOIVMENTS fFROM Donations leoaLie5 EXPELYDITI:RE OIY Chgritable L4¢tAlitie$ Adwallc¢meni of education, relief of poverty and advanc¢ment of cultural uciiwities 43,925 75 44,000 Total NET INCOMEIIEXPENDITLRE) I2,1￿) RECONCILIATIOf* OF FUNDS Tvt41 futLds btvuglit fvrn4.ard 9,490 Pagell continued... SJC.117 1NITI.4TII"F. UK NOTES TO THE FI￿.4￿Cl.￿L ST.*TE)IENTS- continutd or the l'ear eDded.11 Deeemher 24 COMPARATINTS FOR THE STATEMEiYf OF FII.*NCIAL ACt[￿.1T1E5- fO￿tinued Unreslribted fund TOTAL FUNDS CARRIED FORWARD MOI'EMENT IN FUNDS Net moNemeni in ￿ftd At 31.12.24 At 1.1.24 UnrÈstricted funds Genernl tund 7,332 2,754 10,086 TOTAL FUNDS 7.332 N¢t niovein¢nt in tunds, includ¢d in th¢ aboi'¢ are as toll(¥w5_" Rc¢4)ur¢c expeThl¢d MovLm¢nt in funth resources Unrestricted funds General fund 46.079 {43.3251 2,754 TOTAL FUNDS 43.3251 Comparntiies for mov¢ment in funds Nei mo%'emeni in funds At 31.12.13 A( 1.1.21 Unrestricted funds Gener21 fund 9.496 (2,1641 7.332 TOTAL FUNDS Page 12 continued... SJC.117 1NITI.4TII"F. UK NOTES TO THE FI￿.4￿Cl.￿L ST.*TE)IENTS- continutd or the l'ear eDded.11 Deeemher 24 MOVtMENT TN FUNDS- continued Cvmpurutivt IlLt niovtrnent in funds, InLluded in the ulM)vc arc follo Incoming rebourc&q Reiources exp¢iNl¢d Movement in ￿lid4' Unrestrieted funds General tiind 41,836 (44,IXK)I 12,1641 TOTAL FUNDS A ¢unYnr year 12 months and prior year 12 months combijied rK>sition is as followy.. Net n)o%ement in funds At 31.12.24 At 1.1.23 Unrestrlcted funds Oener21 flind 9,496 590 10,086 TOT AL FUNDS 9.496 590 A cunLnt ycar 12 months and prior yLar 12 nionths cijmb1nL￿ nct mo%'cincnt in fuiids, includcd in thL abuvL arL us follows: Incoming re50ur¢e¥ R¢iour¢es expeimjed Movement in ￿ni￿. Unrestrieted funds General tund 87,915 (87,3251 590 TOTAL FUNDS 87 3251 590 RELATED PARTh. DISCLOSURES There were no reldted ￿artY traT￿￿CtIonS for the yedr ended 31 December2024. Page 13 This document was delivered using electronic communications and authenticated in accordance with the registrar's rules relating to electronic forni, authentication and manner of delivery under section 1072 of the Companies Act 2006.