2024-12-31-accounts

Kendal and Sedbergh Area Quaker Meeting Trustees. Annual Report and accounts for the period January 1", 2024, to December 31" 2024. Charity registration number=1197234 Contents Annual report of Trustees External examiner's report CC16a - receipts and payments accounts pages 1-10 page 11 page 12-13

Kendal and Sedbergh Area Quaker Meeting Trustees. Annual Report for the period •t January 1 . 2024, to December 31¥t 2024. Charity registration number:1197234 Objectives and Activities The objects of the charrty are the furtherance of the re1￿lOuS and charitable purposes of the Religious Society of Friends in the Kendal and Sedbergh area and beyond. The activrties of the charrty include.. working in pursuit of our Quaker concems aTrJ testimonies. the right hokling of public meetings for worship in our constfÉuent meetings, fostering the spiritual life and development of all Members and Attenders at these meetings, the holding of regular meetings for churth affairs {i.e.. business> in all the constituent meetings and for the Area Meeting as a whole, maintaining our places for worship and burial grounds. spreading the messages of Quakerism in our ¢ornmunities. These objects form a key part of the Society's role in providing a public benefit The means of achieving these involves actIvrt￿S which are often similar from year to year and include publicising our meetings and activities. btatemviii of Publi￿ Benefil Of the Area Meeting's f¢wr Local Meetings, Kendal remains the largest and Kirkby Stephen is the smallest. The other Meetings are at Preston Patrick and Brigflatts. At the end of 2024. membership of the Area Meeting stood at 98, (104 in 2023). There were also 44 regular attenders fully involved in the life of the Meeting but not in membership, of whom 9 are children. Sadly. five members died during 2024. We have gained two new members, one by convincement {the Quaker tenn for fom)al commitment) and one by transfer of membership into our Area Meeting. The ageing nature of a proportion of our membets is recognised by trustees as posing challenges in the future for the effective running of the charity and is addressed in more detail in the section on 'A5sessing risks for the chanty.. Local Meetings have continued to offer Meetings for Worship to meet a range of individual needs for Members, Attenders and visitors in person wrthin their Meeting Houses and on- line. A monthly Sunday moming and a weekly evening on-line meeting have been maintained for the benefft of Friends unable to access Meeting for Worship in person. Meetings for Worship in person are held every SurTrday moming in the four Meeting Houses and, at Preston Patrsck. on Sunday evening once a month. KerKlal also holds weekly

Meetings for Worship on Fnday lunchtirnes arKI Wednesday evenings. An all-age worship and breakfast meeting was established in 2023 and has continued in 2024 to meet the attendance needs of parents wrth young families in the Area Meeting. and this has been held in Kendal Meeting House wularly throughout the year. Annually, Friends hold an outdoor Meeting for Worship on Firbank Fell to commemorate George Fox, the founder of Quakerism in his worship and ministry there. Frrends visit this event from across the country. Friends maintained an active pastoraLlsocial and educational events programme in furtherance of Quaker testimonies and concems which has attracted members and attenders from across the Kendal and Sedbergh Area Quaker Meeting throughout 2024. These hav8 often also induded invrted members of the wider community and other religious groups. Two Local Meetings have continLEd to provide regular written updates for Friends on national Quaker activrties and study opportunrtres as well as on local events. Some of the areas of activty in support of public benefft indude the following. Provision of InfO￿allOn for the public on Quakerism in our Meeting Houses and in extemal displays. Providing an 'open Church. approach for visrtors in two of our Meeting Houses, Brigflatts and Kendal. Bngfiatts is open during the day to visitors seven days a week, and Kendal is open to visitors on five and a haff days a week. This has provided opportunities for quiet refiection for visitors as well as spreading infomation on Quakerism. Working with the Quaker Tapestry Ltd. at Kendal Meeting House, to host school visits wrth pupils, teachers and parents for schools across the locality. In 2024 children from 6 local pnmary and secondary schools engaged in visits and activities focusing on Quaker history and testimony. Welcoming visits from a range of other churches, as well as Quaker groups from the UK and abroad, along wrth other organisations from the wider community to our historic Meeting Houses. In 2024 this included groups from the USA involved in pilgrimage journeys to places of importance in Quaker history. Working to provide sustainable spaces lo promote wildlife in our tr￿rial grourKls and other spaces, e.g in Brigflatts, pasture and Y￿land and in Sedbergh Road Burial Ground in Kendal. Supporting, by annual contribution, Rookhow Quaker family weekends which attract parents and children who have lfftle previous experience of Quakerism as well as those with established links. In the reporting of the Area Meth'ng activities urKlertaken in 2024, tPe Trustees have regard to the guidance of the Chaiity Commission on public benefft. Grant-making policies The Area Meeting makes grants to Membets and Attenders of the meeting and to Quaker recognised bodies and in support of Quaker related activities. The grants cover four areas. a. To provide grants for the education of Friends and Attenders when attending short courses around Quaker themes.. grants are applied for by indivKluals to the Area Meeting Support Group then a grant may be awarded from the relevant restricted fund. b. To issue grants to Friends and Attenders when they firml that they are in financial need (same application process as a)

c. To provide grants for Quaker recognised bodies. as listed by Brrtain Yearly Meeting, to support a(#ivities in line with our Quaker testimonies. d. To support other aclivrties in line with our charitable objectives. 2. Achievements and Performance Along with maintaining regular opportufTritw for worship throughout the year, all four Local Meetings continued to further develop systems of support for the pastoral and spiritual care for Members and Attenders through organised and infomial groups. Ltxal Meetings have worked on the use of ardes of Fnends to offer pastoral care and opwtunrties for spiritual growth and mutual supwrt through study groups and meetings for leaming for inslance. In addition, many Friends provided informal spiritual support to each other. Friends work lo follow the guidance of Quaker Faith and Practice. sections12 13 that pastoral Gare involves responsibility for wel¢ome; encouraging attendance; involvement and the possibility of rnembership.. attending to practical matters affecting indivKluals in their relationship with their Meeting", supporting Friends living elsewhere as well as responding when occasional or unexpected needs arise. They also follow the guidance on spiritual care in the right holding of Meetings for Worship- in seeing that there are opportunities for spiritual nurture and for learning,. ensuring meetings for business are hekl in nght ordering and responding when occasional or unexpected needs arises The Area Meeting has been woth'ng to meet the challenge of maintaining adequate 'eldering' for Friends arKI in Meetings for Worship and Business Meetings across the four Local Meetings The Area and Local Meetings maintained their Meetings for Worship for Business supporting the lrfe of the Relrgiou$ Society and. vthen not in person. on-line or by °b￿Tr￿ed. meetings. An active educational events wogramme, in furtherance of Quaker testimonies and concerns of peace, truth, equality, justice, and sustainabilty, has been run throughout 2024 A number of these have centred around issues relating to climale justice and have attracted members from across the Area Meeting, from other churches and from the wider community. These continue to be stimulated by the Area Meeting wide Sustainabilty Group. Further details of this group's activrties are outlined in the section of the report on sustainability. Local Meetings have strived to maintain well used and extensive libraries on Quakerism, spiritual matters and related issues. We have maintained our outreach activities and enabled the use of our buildings by extemal groups so contributing to the lrfe of our local communtties. Additionally, Kendal and Kirkby Stephen Meetings hosted events for the 2024 Interfaith Week. Laring for our properties The Area Meeting has maintained rts eleven proFErties.' four Meeting Houses and seven other properties. Four of these properties are tenanted. Three of the Meeting Houses are listed., one grade 1 and tr40 grade 2. one of these is grade 2. Kendal Meeting House and Kirkby Stephen Meeting House have been used extensively for room hire for a range of community and other groups in 2024.. Preston Patrick Meeting House to a lesser extent. Brigflatts Local Meeting has offered rooms within an adjacent buikling for room hire. Meeting Houses and their associated buiFdings have been managed by the Area Meeting Properties CommFttee and Trustees. The care of all let properties and two of the Meeting

House sites is now organised by an agency under the supervision of tt)e Properties Committee. The care of Kendal Meeting House is organised jointly wrth the Quaker Tapestry Ltd to whom the Area Meeting leases and shares the txjilding. An extensive on-going exercise looking at the viabilty of our py0pert￿S and their role as part of the life of the Area Meeting has continued in 2024. As outlined in this report, we have noted that in the medium term ¥￿ have more proFerty than we can maintsin cost effectively and slill fulfil our charitable objecttves. Area Meeting Trustees and Friends within the Area Meeting are aware of the need to achieve a manageable balance be￿een a smaller and ageing number of Friends and the number of properties owned so that Friends can focus on the key aims of the charity. During 2024 a specialist agency completed valuations of all Area Meeting buildings and explored some of the potential for other uses of some properties rf appropriate. The key points of this study were explored with the Area Business Meeting. It is the intention of the Area Meeting to move towards the selling of some property as part of the Process towards the simplification of our Quaker life and the future efficient running of the charity. Trustees have increased the use of professional support to manage propèrty as appropriate. The Area Meeting has engaged a new conservation arthitect to assist in the effective planning of care for our historic, listed buildings. A long, mutually negotiated lease renewal process has been conducted for Kendal Meeting House with the Quaker Tapestry Ltd. Trustees and advisors have also been working through unresolved issues of property transfer from the previous unincorporated charity Kendal and Sedbergh Area Meeting to the current incorporated chanty We have received legal advi￿ both for the newlease of Kendal Meeting House to the Quaker Tapestry and to ensure simpler governance of Kendal and Sedbergh Area Quaker Meeting in the future. Trustees consider that in 2024 th8 Area Meeting has made appropriate progress in fulfilling the areas of rts responsibilrty. Sustainability. Local Business Meetings have continued lo take a senes of small steps to become more energy efficient and reduce heal loss in their Meeting Houses but recognise the 5UStainability challenges which old, often listed, buildings can pose. Three of the Area Meeting sites have solar panels and one has a zoned heating system to focus heating use more efficiently. An air source heat pump has now been installed in one property. Conseryalion architects are currently undertaking a survey of the Meeting Houses and other properties to identify potential surtable renewable healing methods. This will support the Area Meeting to make appropriate future decisions about energy conservation. Friends are increasingly conscious of the cart)on burden of their joumeys to Meeting Houses, noting that Preston Patrick and Bngflatts Meeting Hi)uses are not accessible easily by public transport. Car sharing is encouraged. The Area Meeting established a Sustainabilty group in 2023 which has continued work in 2024. The aims are to support Friends to fulfil the need to live as sustainably as possible, in line with Quaker testimonies. The group has inrt￿ted a range of materials and activities to support this including the following Silent vigilslmeetings for Worship for climate justice are held on the first Monday of every month at the Birdcage in Kendal town Centre. These have been well

attended by members of the Area Meeting and others. ￿'nkS have been established wilh other fath groups with shared concems and a 'Thought for the day, is presented each time by members of the group or by invited speakers. Some of these links have been furthered by the AM membership of the Westem Dales mission and the Kendal based Churches Together in Cumbria network. The group also set up a vigil as part of the Kendal Town Unrty Festival. A series of wblic tectures and events have been held to build awareness of sustainability issues across Area Meeting and in our wider community. A 'Top rips. document. gNing details of actions members can take to minimise their carbon emissions has been woduced for use by members and attenders of the Area Meeting. No bystanders poster. One member produced a piece of artwork that is used in large poster stating "The￿ are no bystanders. in the impact of climate change. This poster is seen on many notice boards and windows throughout the area. Eco-church. Consideration has taken pla￿ on joining the Ecovchurch movement. This will be further consmlered following the conclusK>n of the Area Meeting review of properties. Safeguardiiig The Area Meeting follows the policy and pradice guKlelines outlined by Quakers in Britain. It is a member of a rec<)mmended national specialist advice agen¢y. This agency has also been used for some of the training of Trustees and other Fnends as appropriate. This training covers both the safeguarding of children andlor vulnerable adurts. One of the Trustees is the Area Meeting Safeguarding cl￿OrdinatOr and there 1$ an Assistant Safeguarding CTrordinatOf Wrth relevant professional experience. We endeavour to keep Friends across the Area Meeting up to date with our Safeguarding Policy and Procedures. To this end, a repeat of the Introduction to Safeguarding is offered, as required, so that we continue to ensure all local meelings, at any given lime. have representatives who are familiar with the Code of Conduct: what consttlutes abuse and how to respond lo a Safeguarding GOn￿m. Local Meetings are required to identify a named Friend who is responsible for DBS checks and training to be &Arned out as needed. Each Local Meeting has members who have attended training and a number of Friends have relevant training and experience through their work. Currently there are no activities for young people which are run directly by local meetings wrthout the presen￿ of the children's parents. However, Friends are aware of the need to follow the Safeguarding policy arKI prowlures should that thange. Friends from Kendal Meeting support the educational visits for schools run by the Quaker Tapestry and are committed to increasing the number of DBS holders. 3. Financial Review The sources of funds for the Area Meeting are threefold. 1) Voluntary contributions from members and attenders 2} Investment income 31 Letting of properties - three residential and a business unit.

Expenditure supp￿ts the aims of the chanty for individuals and as detailed under grant making wlicy. The other areas of our experKlrlure are to maintain the Meeting Houses for religious purposes. The reseries policy is to hold twelve months, expendrture (eXd￿IIng building maintenance osts) in the unrestricted reserve but also to maintain a desynated building reserve within the unrestricted reserve of belween 5% and 10% of the insured value of our properties, which are currently valued at £4.128 million. As at 3151 De￿rnber 2024, the unrestricted fund stotxl at £322k. The designated building reserve stood at £258k. 6.2% of insured property value, so within our target range. The remaining balance of the unrestricted reserve was £64k, compared with relevant expenditure of £60k in the year ending 31st December 2024. In 2024 progress has been made in reducing the deficit belween income and expenditure in comparison to 2023. as indicated in the CC16a report attached but trustees are conscious that further work is needed to increase our income. This is particularly relevant in the light of the declining number of Friends able to donate. The Area Meeting Properties Commrttee arKI Trustees are pursuing the strategy of maximising income from rental properties. This has entailed refurbishing these properties to rental standard. and that programme of works was completed during 2024. Although this now generates rental income. maintenance of the Meeting H¢)use estate and other properties remains a significant drain on cash reserves. Ultimately this will have a negative effect on the General Fund whith is how we finance our Quaker charitable activities. This underlines the fact that the Area Meeting owns more property than it can maintain over the medium to long temi. We have referred to our continuing plans to address this in the 'caring for our properties, section of this report. No funds are materially in deficit. Assessina risks to the charitv Consideration of risk assessment for the Area Meeting in 2024 induded an increased awareness of and planning to take account of the gradually ageing membership and the redU￿d availability of Friends to take up service. This accompanied a recognition that younger Friends are often involved in other activrties and unavailable to do this. We note that this is a challenge common to many small Area Quaker Meetings. The dedining number of Friends able to sep4e has posed challenges in firKling appropriate role holders for managing property and other aspects of governan￿ as well as providing service in other key roles. These challenges have needed to be met and worked through in 2024. We note that of our 98 members only 45 are actively available for seprfice fu￿111ng necessary roles. Of these 20 Fnends seple in 31 roles 12 of these are aged 71>79 and 3 are aged over 80. Only a small numt*r of Friends under 60 serve in Area meets.ng roles. This pattern indicates a need to both simplify the way we operate and ensure we have enough paid support. For instance, the Area Meeting uses the services of a professional book- keeping company when required, a wofessional letting agency and conserrfation architects when needed. Trustees have also considered the impact of a comparatively lower number of Friends making donations to Local. Area Meeting and Bntain Yearly Meeting and have considered ways of addressing this. Risk assessments associated wrth our properties are reported on regularly to Trustees through the Area Meeting Propert￿$ Committee.

Trustees have also considered the impact of a comparatively lower number of Friends making donations to Local. Area Meeting and Britain Yearly Meeting and have considered ways of addressing this. Risk assessments associated with our proFerties are reported i)n regularly to Trustees through the Area Meeting Properties Committee. The Area Meeting risk register was revised towards the end of 2024 for completion in 2025. Trustees consider they have appropriate systems for responding to risk aTrJ seek legal and other professional advice when required and amend pradice as appropnate. 4. Structure. Governance and Management Kendal and Sedbergh Area Quaker Meeting is structured and managed in line with its constitution and goveming documents. KSAQM became an incorporated charity in December 2021 ICIO). The work of Trustees is defined by the Te￿$ of Reference and Memoranda of Understanding between Trustees. Area Meeting and Local Meetings. Guidance for Quaker Trustees is provided by the revised version of the Handbook for Trustees of Quaker Meetings circulated in 2024 by Quakers in Britain. Trustees are appointed by Area Meeting in Business Meeting through the Nominations Commrttee process. Upon appointment, Trustees are provided with past minutes. other relevant documents and a briefing by the Clerk to Trustees. Training for new and prospective Trustees is held from time lo lime as provided by Woodbrooke Quaker Study Centre arKI by Quaker Lrfe. On going support and updates are provided nationally by Quaker Lrfe through the Clerks of Trustees Liaison Group and related events. Meetings for church affairs in which the Relwious Society of Friends conducts its business are meetings for worship based on silence. carying the expectation that the way forward can be discemed if members are truly listening together and to eath other in a spirit of trust. The unity that is sought depends on the willingness of all to seek the trLrth in each other's utterances. There is no voting because Friends believe that this can create divisions and inhibits the process of seeking a way forward to which all can unrte which is then expressed as the sense of the meeting. The Clerk of the meeting bears the final responsibilTrty for preparing the business and Gonducting the meeting. Minutes are drafted by the Clerk dunng the meeting and then offered to the meeting tor acceptance. amendment or ￿JeCtIon. The final decision about whether eath minute represents the sense of the meeting is the responsibilrty of the meeting of Trustees not just the C￿rk. Kendal & Sedbergh Area Quaker Meeting Trustees meet at such frequenw, times and places as the Meeting itself directs The Clerk may arrange for a speaal meeting to be held. if necessary, to maintain active and timely govemance. Properties matters are managed by the Area Meeting Pr<>pert￿S Committee reporting directly to Trustees. The minutes of Trustees Meetings and oTrgoing advice and response to Area Meeting are provided at each of the Area Business Meetings which are held six times a year. It is the responsikn'ltiy of the Area Meebng to appoint an independent examiner of the Area Meeting accounts eath year.

The sessions of the Area Meeting for BUSI￿SS are open to all members of the Area Meeting. The business and activities of the Area Meeting are. at all times. conducted in accordance with the provisions of the current edition of Quaker Fatth and Pract1￿ available at WV4w.quaker.org.uk Kendal & Sedber9h Area Quaker Meeting indudes all constituent Local Meetings contained within its area: Brigfiatts, Kendal, Kirkby Stephen and Preston Patrick. Arrangements for the establishment, running or dissolution of constrtuent meetings shall be in accordance wrth uaker Faith and Practi￿. The Area Meeting is the level at which membership is held, but responsibility for the proper stewardship of funds and overview of business within the Area Meeting Ips wrth the Trustees on behalf of the A￿a Meeting. Area Meeting appointed roles and Committees reporting to Area Meeting in 2024 Friends are nominated and appointed by Area Meeting Business Meetsng to these roles. Area Meeting Clerk arKI Iwo Assistant Clerks Area Meeting Trustees Area Meeting Treasurer and Assistant Treasurer Properties Cornm￿ee and Clerk to PrOpert￿S Commfftee Registering Officer Cross Area Meeting Support Group Safeguarding Co-ordinator and Deputy Co&ordinator Collector now known as Friends giving Covordinator Children and Young People's correspondent. Burial Ground and Funeral CO￿rdInatIrVj arrangements for the 4 local meetings Custodian of Records Representatives to the BYM Meeting for Sufferings. (The Area Meeting had a period during 2024 when this role was unfilled) Representatives to Quaker Lrfe Council Area Meeting Nominations Committee Kendal Joint Working Group {¥￿h the Quaker Tapestry Ltd) ip wvith rcl The Area Meeting is part of Bntain Yearfy Meeting of the Religious Society of Friends The meeting has a two-way relationship wrth the central departments and work of the Yearly Meeting. A large part of this relationship is formed by those Fnends who serve as represenlatives to the central committees and councils. one of the main links for part of 2024 being the reports from our representative to Meeb'ng for Sufferings. Meeting for Sufferings is the standing represenlative body entrusted W￿h the care of the business of Britain Yearly Meeting throughout the year. Other role holders linked to ￿ntral Quaker groups and reporting to Area Meeting are the representatives to Quaker Lrfe and Northem Friends Peace Board. In 2024 a small group of nominated Friends has worked on the choices of development activities for Friends with staff from Woodbrooke Quaker St￿Y Centre. These will run in 2025. The Area Meeting properties are all held by Frierwjs Trusts Ltd as ￿$to￿lan trustee," A￿a Meeting Trustees manage and operate the txjildings on behalf of Area Meeting as the

beneficial owners. 5. Reference and Administrative details Charily name Kendal and Sedbergh Area Quaker Meeting Registered charty number 1197234 Chanty's principal address Friends Meeting House Stramongate Kendal Cumbria LA9 4BH NamÈ2 t)1 tho trustees of the charlty diiring 2n?4 Office (If any Dates acted rf not for whole year Name of person (or body) entitled to appoint trustèe Ifan Area Business Meeting Trustee name Jennifer (Jenny) Pearman Clerk to Trustees Mary Robinson Safeguarding Cc ordinator As above Paul Scutt Julia Smith Assistant Treasurer Clerk of Properties Committee From May 2024 As above A$ above Caroline Stow Friends Giving Co- ordinator As above Non - trustee serving as AM Treasurer Peter Warner TreaSu￿r As above Name of trL15tees holding tltle lo property belonging to the charity Trusteo namo Dates acted If not for whole ear Friends Trust Ltd Custodian Trustee

Names ali- f advisi Legal Conservation architect Bates Wells 10, Queens Street Place. London EC4R 18E Fellside Centre. Low Fellside, Kendal LA9 4NW Crosby Granger Bookkeeping services when required KKAS External Examiner Stables, Thompson and Briscoe" 34. Lowlher Street. Kendal. LA9 4DX "Stables. Thompson and Briscoe were engaged in the role of extemal examiner of the 2024 ac¢ounts on 18.09. 2025 following the ￿sIgnatIon of the previous examiner. This enty on the original report has therefore been amended. Declarations Slgnaturel$) Signed on behalf of trustees Signed on behalf of trustees Full naM￿s) Position {e.g. Secretary, Chair. etcl Datè Jennifer Pearman Paul Scutt Clerk to Trustees Trustee Amended and si ned on 16110125 Amended and si ned 16110125 io

I￿1￿[] STABLES THOMPSON & BRISCOE www.stb-accountants.co.uk Independent Examiner's Report to the Trustees of Kendal & Sedbergh Quaker Meeting I report on the accounts of the charity for the year ended 31 December 2024. Responsibilities and basis of report As the charity's trusiees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'ihe Acl'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by ihe Charity Commission under section 1451511bl of the Act. Independent examiner's statement I have completed my examinalion. I confirm ihat no malerial matters have come lo my attention in connection with ihe examinalion giving me cause to believe that in any material respect: accountin8 records were not kept ir) respert of the charity as required by section 130 of the Act,. or the account5 do not accord with ihose records. I have no concerns and have come across no other matter5 in conneclion with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Helen Holme5 BSCFCA ICAEW Stables Thompson & Briscoe Lowther House Lowther Street Kendal Cumbria tA9 4DX Date: 16 October 2025 KptKtsI nir¥e." Lowther H￿se. LtThvther ￿reet. Kendal. Cumbria LA9 4rJx Tel=1015391720465 Email= efNuirieS@s￿FacC{Mjn1an￿.C0.Uk Ufjit 27, C4Fmherland House. Kirk.h%. Sicphen Bu51nvth5 Park. 51 Luke'5 Road. Kirk.ly! Stephen. Cufftbria C417 4HT Tel= 10176831 i l 772 EFDail: [e-mail]

CHARITY COMMISSION FOR ENGIANO AND WAIES Receipts and payments accounts CC16a For the wiod from To 01 Janua 2024 31 DecembeT 2024 Section A Receipts and payments Unrtrstricted lunds R•siricted lundg Endom•nt funds Total funds Last yur toth• wrqst£ to th É A1 R•c•lpts Voluni8ry r￿1p1S Aciiyilitrs for ge￿rating funds Investment d1vth[￿S & Iniertsi 29.771 18.063 21,137 2.W7 8.531 1s.ec 10.285 19.507 1.482 11,11 Other reLp15 In as agent rans ors 709 2.539 746 17.610 8,055 10.594 Sub total(Gross income lor AR) 63.151 96.433 A2 A8s•t and Inv••tm•nt ul••, l$e• tabl•l. EqultS•8 & managed Inv•8tmonts 87,259 Sub total 67.259 63.158 1A12 183,692 A3 Pa m•nts Costs olgeneraiinq ¥duntAry reC￿FIl Funorai¥ity Eosts1118diro Ihveskn)eni m)agemeni eosis C0515 01 Chant￿￿e xli¥th Govoman¢e cosis Olher ￿915 Out as Agent Transfer& 13.255 13,255 21420 11.505 107,632 555 832 76.727 71.507 238 1 130 2.571 1.233 72,740 1,1JO 5,216 2.615 Sub total 103.7SO 120,8JJ 15B,071 A4 Asset and Investment ur¢ha$es, (see table Photovoltsic nel• Sub total 101750 15. 120,083 158,671 Net ofrKoipW(payments) AS Transfer¥ b¢￿en funds A6 Cash funds last year end Cash ffunds this year end 40.592 18.040 249 122.303 5.021 108 237 120 5811 1541 2896 85 525 67.639 3.145 68.243 90,$46 CCIX R1 accoun15 ISSI IW1012025

Section B Statement of assets and liabilities at the end of the period Unrestricted funds to newest E Restrlcted funds Endowmtnt lunds to rwaresi£ Bl Cash funds 67.639 12,5411 3.145 Total cash funds 67.639 12.5411 3.145 Unrmtricted R￿trIcted fund fund• Endowment funds to 11O•rn81 E Detail¥ to to npamt É 82 Other monotary assets Fund iowhkh CuTh•rt ¥•lu• Details Coli loWon•ll B3 Inv••tmenl a￿ets 245.034 JJ1,585 36,712 Colltye TOTAL 113.315 Futhd 10 whlch Current valu• ional Details B4 Assets rntaSnfrd for th• charlty'8 ¢)wn us• Urrfminued 12.450 9.706 S.794 TOTAL 22,1S6 1487S Fvro 14)thh lrnount due ion•1 When du& ional Detai15 B5 Llabilities ur￿1￿¢￿ funds Inas ag•N cJ8Yrf $,B62 21 TOT Signed by one or hyo trustees on behaw of all the trust8e5 Dale ol roval SKJnature Print Name . ned on behaff of tru51ee5 Si"trb.= on gf ', 1611012025 CCXX R2 accounts ISSI