Charity registration number 1205053 IEngland and Wales)
BARROW COMMUNITY HISTORY FOUNDATION CIO
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025

BARROW COMMUNITY HISTORY FOUNDATION CIO
LEGAL AND ADMINISTRATIVE INFORMATION
Trustèts
Mr5 J M Frew
Mr P Walsh
Mr P Rossin8ton
Mrs H Hockley
Mrs A C Cavenett
Mr5 J Tillotson
Mr G Hall
(Appointed 10 March 20251
(Appointed 10 March 20251
Char5ty reglstratlon
England and Wales
1205053
Rtglst•r•d offlce
Heathfleld House
Hollowrnoor Heath
Great Barrow
Chester
CH3 7LF
Independent examlner
Mltchell Charlesworth
24 Nicholas Street
Chester
CH12AU
Bankers
Nat West PLC

BARROW COMMUNITY HISTORY FOUNDATION CIO
CONTENTS
Page
Trustees, Report
Independent examiner's report
Staternent of financial activities
Balance Sheet
Staternent of cash flows
Notes to the financial 5taternents
8-13

BARROW COMMUNITY HISTORY FOUNDATION CIO
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The trustees present their annual report and financial statements for the year ended 30 September 202S.
The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial
statements and comply with the CIO'S governing document. the Charities Act 2011, FRS 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland" and the Charities SORP 'Accounting and Fleporting by Charities.. Statement of
Recommended Practice applicable to charities preparin8 their accounts in accordance with the Financial Reportin8 Standard
applScable Sn the UK and Republlc of Ireland IFRS 1021"
Oblectlves and actlvlt5es
Publit benefit
The trustees have paid due regard to guidance issued by the Charity Commission in decidinR what activities the CIO should
undertake.
Actlvlties
The oblectlves ol the Charltable Incorporated Organlsation ICIOI are to promote publlc education Sn the history and
tOPO8raphy of Barrow throu8h the compilatlon of an archive, the conduct of research, and the investl8ation ol $18niflcant
events, accompanled by the publScatSon ol reports. Additlonally, the CIO seeks to or8anlse exhlbltlons and dellver lectures on
these subject5.
The charlty operates as a grant-maklng or8anlsatlon.' hgwever, It Is presently not In a financial positlon to award any 8rant5.
Thls document constitutes the Annual Report ol the Barrow Community History Foundation IBCHFI, which was incorporated
as a Charitable Incorporated Or8anisaiion ICIOI in October 2023 following notification of a prospective legacy from the estate
of Mrs Moorè.
In receipt ol these funds the C105 aim 15 to advance the organlsation's objectlyes and deliver public benefit through the
following artlvlties..
Securlng sultable accommodatlon lor the archlve ol documents. Including space for research and meetings.,
Organising exhibitions, events, and talks relating to the history and topography of 8arrow and Its residents,.
A5se5sin8 and approving appropriate Brant applications for research project5.
FlnèDclal revlew
At the start of thi5 financial year. Barrow Community History Group18CHGI was withtsut financing, pending settlement of the
estate of Mrs Mary Moore. On S February 2025, an interirn sum of £256,695 wa5 received from the estate. The legal expense5
amounting to £17,119.80 incurred in relation to the setting up of BCHG as a CIO and the indemnity required by the executor5
of Mrs Moore's estate prior to releasing the funds, were then paid on 14 March 2025. On 25 July 2025, 8CHG received the sum
of £5,575.75, beln8 the final portlon of Mrs Moore's le8acy of £262,271.25.
Summary of Incoffle and Expen5e5 for 2024.2025
Total income lor the year was £263,400 made up of £262,271 frorn Mrs Moore'5 estate and interest received of £1,129.
Expenses totalling £18,S30 up to 30 September related to legal fees, insurance and rent incurred for the storase of the Barrow
Archive. managed by the BCHF Archive Group.

BARROW COMMUNITY HISTORY FOUNDATION CIO
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Resekves policy
The Trustees recoBni5e the need to balance the requirement to act in the best intere5t5 of the charity and it5 beneficiarie5 in
deliverin8 Its Charitable activitie5 and the need to 5ale8uard the as5et5 01 the charity to ensure that it IS Sustainable and
resilient to change. In deciding on a suitable level of reserves the trustees have considered the following factors..
The nature of the charity's income and restrictions on the use of its funds.
The projected expenditure In the next financial year, alon8 Wlth any proposed projects.
The risks to which the organisation is exposed and the need to maintain funds to ensure an orderly closure.
The current reserves level has been agreed by the trustees at £S.000. This will monitored by the trustees and adjusted as the
legary funds become freely available and orsanisation is able to expand its activities.
Grants
No grants have been made in thls flnanclal year. It Is antlclpated that our Invested £apltal will provlde us wlth some Income to
make 8ranis in the year 2025-2026.
Investment policy
The Trustees ￿COgnIse thelr duty to safeguard the assets of the organlsation and reco8nlse the followln8 prlnclples..
funds requlred for operatlonal or development purposes Sn the medlum or short tèrm should be held Sn the Bank
deposit account.
Where reasonably possible cash held at any one 8ank will be within the FSA limlt.
The need to balance 5afeguardin8 of capltal and the need to 8enerate sufficient return on capltal to facllltate the
achievement ol the alms ol the organlsatlon. This will requlre dlverslflcatlon ol investment and may include a deposit
of funds with a well regarded fund mana8er experSenced In the manaBement of charity funds and the Issues related
thereto.
A low to medium appetite for risk to capital.
The need for professional advice on the appropriate type and amount of the Investments to be made.
The need for monitorin8 01 the performance ol the investments at Trustee meetln85 and at rneetings with the
Investment manager.
A full annual review ol investments by the Trustees.
For the financial year 2024-2025 the sum of £235.000 ha5 remalned on deposit pending receipt of profes51onal advice on the
further diversification ol funds.
Stru<ture, governan¢e and mana8ement
Managernent ol the CIO'S activities rest5 Wlth the Board of Trustees.
The constltution stipulates a minimum of three trustees and provides that new trustee5 are appointed by the Board. Durin8
the year, two trustees resigned and two new trustees were subsequently appolnted.
The trustees who served durin8 the year and up to the dale of sl8nature of the fSnanclal statements were..
Mrs J M Frew
Mr P Walsh
Mr P RossSngton
Mrs H Hockley
Mrs A C Cavenett
Mrs J Tillot50n
Mr G Hall
Mrs S Higginbotham
Mrs C Youngs
(Appointed 10 March 20251
IAppoinied 10 March 20251
IResigned 5 August 20251
IResigned 11 july 20251

BARROW COMMUNITY HISTORY FOUNDATION CIO
TRU5TEES' REPORT ICONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Re¥lew olthe Year'5 ActhAtle5 and Future Plan5
Followln8 an Inrerirn paymeni as pari ot rhe administrailon of ihe esiate of Mrs Mary Moore In February 2025, 8CHF received
a substantlal sum which has allowed trL*Stees io be8lM to implemeni an iftillal three year siraie8V to further the obledlves ol
the organisation by-
ArranglnB suttable accommodation lor it'5 archive of docurnents and with space for research and meetin85,'
Holding oxhibitions. events and talks relevant to the hisiory and lopography of B3rrow and its residents,.
Considering appropriate applications Iof financial support lor relevant resear(h projects,.
EnsurSn8 that robust 8overnance Is In place to support thlg Str*e8V.
Negotiatlons for • Il¢en¢e for th* tx¢lusive use ol the Committee Room In iht VSllage Hall by the BCHF Archive Grovp are
nderway and it 15 hoped thai the new space wlll be ready for Ihe Spilng of 2026. The Archive Group Is responsible for the
management ol the Archlve and its assoclaied actlvSties and recelve5 an annual sum Itom BCHF to fund Its e¥penses and
activiiies.
An exhibitlon ent*tled'People from Barrow who have made a difftrente. was mounted Jnd d15played In the Barrow Vllla8e Hall
In June. for the first time the Exhibition wa5 then moved to the Pavilion a week later. A total of opproximately I(￿ re51dents
attended and the use ol iwo location5 Improved accessibility and inte¥e5t for a wider 5eleuion of the community.
In èddltion, to rnark the centenary of the openin8 of rhe railway line rvnnSn8 fhrou8h Barrow 8 traln trlp on the Ilne was
ranged with a talk at Chester siatlon. Both events were well recelved by ihose who attended.
Futtsre plan5 lor 2026 Include Improvements to tho Archlve and access lor r￿identS once ihe new space 18 available, and
planned talks ènd workshops and ihe launch ol ihe Financlal Grant project to suppori research and the preservation of the
hlstory of Barrow.
Acknowl•dg•m•nii •nd thanks
The trustee5 W15h to acknowledge the generosity ol Mrs Moore through her le8acy whlch will help In supportlng and
lurtheflng research into, and the pre5er¥ation of, the h15tory ol Barrow lor the benefit of the resldents ol Barrow and the
publlc generalty for the next 8eneratlons.
Thanks and appreciatlon are also due to all the members of the Archlve Group who have worked so hard to contlnue to
maintain thè Archlve and put on evertis this Tr*ar.
The trusiees. reptsrt w•$ apowtyed bv the anard ol Tru5tws.
JMFr*w

BARROW COMMUNITY HISTORY FOUNDATION CIO
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BARROW COMMUNITY HISTORY FOUNDATION CIO
I report to the trusiees on my examinatlon of the fmancial staiements of 8arrow Community Hlstory Foundatlon CIO (the CIO)
for the year ended 30 September 2025.
R￿pOnSIbIlItIeS and basls of report
As the trustee5 of the CIO You are resptsnslblt lor thè prèpafatlon of the financSal statemènts In attordante wlth the
requirement5 of the Charliie5 Act 2011.
I report In fespect of my examinatlon of ihe CIO'S Ilnanclal statements carrled out under sectlon 145 of the Charltles Aci 2011.
In (arrying Out my emarrlnalion I have lollowtd the Diredion5 given by the Charity Commi5sIon under section 14515llbl of the
Charlties Art 2011.
Indep•nd•nt •xamlnerfs stat•m•nt
Sln£e the CIO'S gr05$ income emceeded £250,tX#J, the Independent examiner must be a member of a body Ilsted In sectlon 145
of the CharitFes Act 2011. I confirm that l am quallfied io undertake the e*aminatlon because l am a member of the Instituie
ol Ch6rtered Accountants In England antl Wales. whith is one ol the1Ssted bodie5.
Your atteniion Is drawn io rhe faci ihat Ihe choflty has prepared the financial statemenis In accordance with the relevant
verslon of the Statement OF Recommended Practice applicable to charjtles preparlng thelr flnanclal staiemenis In accordance
with the Flnanclal Report¢n% Standard applicable in ihe UK and Republlc ol Ireland IFRS 1021 In preference to the AcEovntln¢
and Reportin8 by Charities., Statement ol Recommended Prartice 155ued on l April 2005 whlch 15 referred to In the extant
regulations but has now been withdrawn. l understand that th15 has been done In order for the flnancial 5taternents to provide
¢rue and fairview in accordance wlth UK Generally kcepted Accountin$ Prartice.
I have completed my examlnatlon. I confirm that no matters have tome to my atteniion in connectlon wlth the examinaric+n
givlng me causé to believe that in any rnatertal rÈsyct'.
acCo￿nItn8 rEtDrds were nDt kept In respect ol the CIO a5 requlred by sertlon 130 of the Charltles Act 2011.
the flnancial statements do not accord wlth those records,. or
the flnancial siaternonts do not comply wrth the applicable re9ulrement5 concernin8 the form and content of financlal
statemenis set out in ihe Charities (Accounis and Aeportsl Re8ulaiion$ 2￿8 other than any fequiremefit ihat the
flnanclal statements 8lve a true and lair vSew. whlch Is not a mattel consldered as part of an Sndependeni e¥amination.
I have no concerns and have come acr0$5 no other maiters in connectlon wlth the examlnaiion to which attentiori should be
drawn In this ￿pOrt In order to enable a proper under5tandln8 01 the Financlal siatemenls to be reaihed,
Mltchell Ch•rlesworth
24 Nicholas Street
Chester
CHI 2AU
Dale-.
0610412026

BARROW COMMUNITY HISTORY FOUNDATION CIO
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Unrestrl¢ted
funds
Unrestrlrted
funds
2024
2025
Notes
Incofflt from..
Donations and legacles
Investments
262,271
1,129
Totzl Income
263.400
Expendlture on..
18.S30
20
Total èxptndlturè
18.530
20
Net Incomellexpendlturel and movement In funds
244,870
1201
Reconclllatlon of funds:
Fund balance5 at l October 2024
1201
Fund balance5 at 30 September 1025
244.850
1201
The statement of financlal actlvitles Includes all Balns and losses reco8nised In the year. All income and expenditure derive
frtsrn continuing activities.

BARROW COMMUNITY HISTORY FOUNDATION CIO
BALANCE 5HEEr
AS AT30 SEPTEMBER 2025
2025
2024
Curr•ni •u•ts
Debiors
Cash at bank and In hand
12
ios
245,999
246.104
11,2541
Cr•dltors: amounti h111￿ du• ¥Athln on• y•ar
Is
1201
N¢t currnnt 45setsllllabllltbesl
244,850
1201
The funds of the CIO
UnreMilcted lund5
14
244,850
1201
244.850
1201
It4i*w*niswere •pgfVrt¢ by tty• tiyslevj
I TY40tsO

BARROW COMMUNITY HISTORY FOUNDATION CIO
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
2025
2024
Notes
Cash flgws from operatlng a¢tl¥ltles
Cash generated from operations
16
244.870
Investln8 a¢tlvltles
Investment income received
1.129
Net cash generated from Investlng actlvltlès
1.129
Net cash generated from flnanclng actlvltles
Net Intrèasè In tash and cash Èqulvaltnts
245.999
Cash and cash equlvalents at beginnln8 of year
Cash and cash equlvalent5 at end of year
245.999

BARROW COMMUNITY HISTORY FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Accountlng pollcles
Charlty Inlormatlon
Barrow CommunSty Hlstory Foundation CIO Is a Charltable Incorporaied OrganSsatlon.
1.1 Basss of preparatlon
The financial statements have been prepared in accordance with the CIO'S 8overnin8 document, the CharSties Act 2011,
FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charitie5 SORP
'Accountin8 and Reporting by Charities.. Statement of Recornrnended Practice applicable to charitie5 preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
The CIO is a Public 8enelit Entity as defined by FR5 102.
The fSnancSal statements have departed from the CharSties (Accounts and Reports) Re8ulatlons 2008 only to the extent
required to provide a true and laSr vSew. Thi5 departure has involved following the Statement of Recornmended Practlce
lor charitie5 applying FRS 102 rather than the version of the Statement ol Recommended Practice which is referred to in
the Regulatign5 but which ha5 since been withdrawn.
The fSnancSal ststements are prepared In sterlln8, whlch Ss the lunctlonal currency of the CIO. Monetary amounts Sn
these financial statements are rounded to the nearest £.
The flnanc5al statements have been prepared under the hlstorlcal cost conventlon, Imodlfled io Include the revaluation
tsf freehold properties and to include investment properties and certain financial instrumènts at fair valuel. The
prlncipal accounting policie5 adopted are set out below.
1.2 Golng concem
At the time ol approving the financial staternents, the tru5tee5 have a reasonable expectation that the CIO ha5 adequate
resources to continue in operational existence lor the foreseeable future. Thus the trustees continue to adopt the going
concern basis of accounting in preparing the financial statement5.
1.3 Charltable funds
Unrestricted funds are avaSlable for use at the discretion of the trustees In furtherance ol thelr charitable objectlves.
Restricted funds are subjert to specific conditions by donors or grantors as to how they may be used. The purptsses and
Uses of the restricted funds are Set out in the note5 to the financial statements.
Endowment funds are subject to specific conditlons by donors that the capital must be malntained by the CIO.
1.4 Income
Income 15 recogni5ed when the CIO is legally entitled to it after any performance conditions have been met. the
arnount5 can be measured reliably, and it 15 probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the CIO has been notified of the
donation. unle55 perforrnance condition5 require deferral of the arnount. Income tax recoverable in relation to
donations received under Gift Aid or deeds of covenant is recogni5ed at the time of the donation.
Legacles a￿ recognised on receipt or otherwise if the CIO has been notified of an impending distribution, the amount is
known, and receipt is expected. If the arnount 15 not known, the legacy is treated as a contln8ent a55et.

BARROW COMMUNITY HISTORY FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Accounting pollcles
Icontlnuedl
1.5 Expendlture
Expenditure 15 recognised once there is a legal or constructive obligation to transfer economic benefit to a third party. it
is probable that a transfer of economic benefits will be required in settlement. and the amount ol the oblisation can be
measured reliablv.
Expenditure is classified by activity. The costs of each actlvSty are made up of the total ol dlrect costs and shared costs,
including 5UPPOrt C05t5 involved in undertaking each activity. Direct cost5 attributable to a sin8le activity are allocated
directly to that activity. Shared costs which contribute to more than one activity and 5UPPOrt costs which are not
attributable to a single activity are apportioned between those activities on a basis con51Stent with the use of resources.
Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the
asset's use.
1.6 C35h and cash equlvalents
Cash and cash equlvalents include cash in hand, deposits held at call wlth banks, other short-term liquld investments
with orl8inal maturSties ol three months or less, and bank overdrafts. Bank overdrafts are shown within borrowlngs In
1.7 Flnanclal Instruments
The CIO has elected to apply the provisions of Section 11 '8asic FSnanclal Instruments. and Section 12 '0ther Finaneial
In5trument515sue5' tsf FRS 102 to all of it5 financial In5trurnents.
Financial instruments are reco8nised In the CIO'5 balance sheet when the CIO becomes party to the contractual
provisions of the instrument.
Financial a55et5 and liabilitie5 are offset. with the net amount5 presented in the financial statements, when there is a
legally enforceable right to Set off the recogni5ed arnounts and there is an intention to settle on a net ba51s or to realist
the asset and settle the liability 5imultaneouslv.
oslcflnt7nclolossets
8asic financial assets, whlch include debtors and cash and bank balances, are Initially measured at transaction prlce
includSn8 iransactlon costs and a￿ subsequently carried at amortised cost usin8 the effective interest method unless
the arran8ement constitutes a financin8 transaction, where the transaction is measured at the present value of the
future receipts discounted at a market rate ol interest. Financial assets classified as receivable within one year are not
arnort15ed.
80slcllnt7nclolllubllltle5
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the
arrangement constitutes a financing transaction, where the debt instrument is MeaSu￿d èt the present value of the
future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not
arnort15ed.
Debt instruments are subsequently carried at amortised cost. using the effective interest rate method.
Trade credStors are obllgaisons to pay for goods or servlces that have been aCqUi￿d In the ordSnary course of operaisons
from supplier5. Amount5 payable are classified a5 current liabilities if payment is due within one year or le55. If not, they
are presented a5 non-current liabilities. Trade creditor5 are recognised initially at transaction price and 5ub5equentlv
measured at amortised cost using the effective interest method.
Derecognition oAfinryncit711iobilities
Financial liabilities are derecognised when the CIO'S contractual obligations expire or are discharged or cancelled.

BARROW COMMUNITY HISTORY FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Crltlcal accountlng estlmates and judgements
In the application of the CIO'S accounting policies. the trustees are required to make Judgements. estimates and
assumptions about the carrying amount of as5et5 and liabilities that are not readily apparent from other source5. The
estimates and associated assumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlylng assumptions are revlewed on an ongolng basls. Revislons to accounisn8 estimates are
recogni5ed in the period in which the estimate is revised where the revision affects only that period, or in the period ol
the revision and future periods where the revision affects both current and future period5.
Income from donatlons and legacles
Unrestrlcted
funds
2025
Unrestrlrted
funds
2024
Le8acies
262,271
Income from Investmtnts
Unrestrlcted
funds
2025
Unrestrlrted
funds
1024
Interest recèivable
1.129
Expend5ture on charltable actlvltles
B.C.H.F.
2025
B.C.H.F.
2024
Dlrect costs
Room hire
Insurance
126
20
84
210
20
Share of 5UPPOrt and ¥overnan¢t ¢osts15ee note 71
Support
18,320
18.530
20
Analysls by fund
un￿strICted funds
18,530
20
10-

BARROW COMMUNITY HISTORY FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Descrlptlon of charltable actlvltle5
B.C.H.F.
Prior to receiving the legacy, the Barrow Community History Group had been engaged in the research and preservation
of local history, In order to accept the legacy, the 8roup became a registered charity, Followin8 this change, the Barrow
Archive Group was established to undertake the research activities previously carried out by the history group, allowing
BCHF to focu5 On it5 broader charitable objective5. The charity. which now holds the legacy funds. will provide financial
and administrative support to the Archive Group.
Support ¢osts allocated to actlvltles
8.C.H.F.
Total
Z024
2025
Governance
18,320
2025
2024
Governance costs comprlse..
Independent examlner fee5
Legal and professional
1,200
17,120
18,320
m¢)vèmÈnt In funds
2025
Z024
The net movement In funds Is stated after Ihar8ln81lcredltln81'.
Fee5 payable for the independent examination of the charity's financial statements
1,200
Trustees
None of the trustees lor any persons connected with theml recelved any remuneration or benefit5 from the CIO durin8
the year,
io
Employee5
The average monthly number of employees during the year was..
2025
Number
2024
Number
Total
11

BARROW COMMUNITY HISTORY FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
11 Taxatlon
The charity is exempt from taxatlon on its activlties because all its Income Is applled for charitable purposes.
12
Debtors
2025
Z024
Amounts falllng due wlthln one year:
Prepayments and accrued Sncome
ios
13 CredltOY5.' amounts falllng due wlthln one year
2025
2024
Other credltors
Accrua15 and deferred Income
54
1,200
20
1,254
20
14
Unrestrlrted funds
The unrestricted funds of the charlty comprlse the unexpended balances ol donatlons and grants whlch are not subject
to specific conditions by donors and 8raniors as to how they may be used. These Include designated funds whlch have
been set aslde out ol unrestrlcted funds by the trustees for speciflc purposes.
At l Octobèr
2024
Intomlni
re50urce5
Resources
At30
expendedseptember 2025
General lund5
1201
263.400
118,5301
244,850
Prevlous year:
At l October
2023
In¢omln8
resources
Resour¢es
At30
expendedsepiember Z024
General lund5
1201
15
Related party transactlons
There were no disclosable related party tran5action5 during the year12024- none).
12-

BARROW COMMUNITY HISTORY FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
16
Cash generated from operatlons
2025
2024
5urplus/ldeficStl for the year
244,870
1201
Adjustments for..
Investrnent income recogni5ed in 5taternent of financial activitie5
11.1291
Movements In workln8 capltal..
Ilncreasel in debtors
Increase in creditor5
11051
1,234
20
Cash generaied from operatlons
244,870
17
Analy515 of changes In net fundslldebtl
The CIO had no materlal debt durln8 the year.
13-