ct*rÈty registrntion Dumber. 1208130 The Tangerine Trust Atu Remand Fst)aticiol StstanenLS forthe wiod 7 Mwy 2024 to 31 Martth 202S
The T2Dgerine Trust Contents Refere¢ and Athllirristrative De*ils 2to3 Swemen¢ 0fTrUste esFjbilltles Indep¢¢ Auditors, ReF 5t07 Statement ofFir]An¢iaJ Activities BaL2nce Sheel Cash Fknv Statemet io Noics to the Financw] Sthterrlents 11 to 14
The Tangerine Trust Reference alld Admillistrnlive Details ChAimÈ GM Bury Trusttts Bwy MJR Hou8h K Rot$ Charity Regi4trntloD Numb¢r 1208130 Prin¢ipl Office cjo Rollits LLP Ltadel Hous¢ i8 High Stre Hu]1 HUI IQE McKellths Registcred Auditor I l RiveTrqtw The EmbaRkmeTht P Vale Road H¢aion Mersey Slockport SK4 JGN Auditor B•nk¢rs Barclays Bank
The Tangerine Trnst Trustett, Report The tru#e¢s p]Esent the annual re[ togthlr with thE rmartG[ aatemcnts aod audiiorf Trport of the chlrity for the period ended 31 March 2025. obJecve$ And A¢ttvtts Objécts The objects of the tw5¢ w¢ to such pv¢S whith aTe chllrilable ac4wding law3 of En8land and WaJ¢s through the provision of gJptx)rt and grants w edUclon&t instiiutian& chariti<8 at)d Mmunity organith0ns operating in the North of England a5 the tnskcs thijjk fjl tn)m titne to tim Objeclives. xlrntegie¥ tTnd4clhthl As this was our f2rA 9 month5 sce re8istrBuon our f(w on getting fjJlly s up lo deliver wrs in fijtutt year& Key work incltthd: . App)inting truskes . Putting govemance and fiTW]cMi SYS$ in place . Opening bank accounts eceiving the initial donation * De$l)ntI our grdni rnaking policy • Carrying illitial rese8]rh io Tdentify wlv¢ fillML% couhl hwe the mrffjt impact We ar¢ confident this etrly grourAqw0 gi%t us a sm grant makin8 pr0Me. Slnce rotmally launching in September 2025 we've rEceived IJ appli(10n$ and mwje 4 awards Publlc bell¢J71 The trustee5 confirni that have complied with th¢ of s¢ction 17 of the Charilies A¢i 2011 to have due reg8rd to the public benefit Bdan published by Ciiarity CorDmt&sion for Engld and w¢& Financiol rtvtew The charity rtteived 8 suFAstL1 founding dotMt20n of £&61J),(K)O. At the period end £500,oc of this W88 ourstanding and w4s paid in fvll within a few days of the Ferl( t[14th April 201gl. A furthcr £1.650,000 irt gift aid h&$ beett arthitsj in these account M the rKTiod end the full amouTrt outstandiw The wft aid claim w&8 gjbmtttd on 16th JU¢ 202) attd )t the time of writing w¢ are awaiting tbe Clatm to bc revi¢wed by HMRC. Ihe tnws's fvttds 2Te cyrmtiy held Én cash dwits and wate int¢ttst incom& In th¢ l¢)d a total of £29,772 iY&% earned. The initial donLOn and futur¢ In iTthRe i% the ttux's g)le of Co[rIe. Thue are plans to seck rther dryJation& Policy rtsem The Charity vrds Set up with a i&ge inttial dolon paid in llistslmv We are in the * sta8es of esthblishtng the ¢harity aAd fimd5 are cut)rrtly held in Lh dwit& Th¢ tru¢¢5 plan u) dityibute thc eniirety of the fimd io 8d cau5e5 over we eurrentty experf this to take a0d ten year4 deFnding on th¢ number ofapplicion$ and levels ofntt Th¢ ¢harity do&$ have aregu]ar inc4)oxe 9rt4DJ i*yond any tniuest ots dewtsit While aIl funds are currendy held Én tssh thil% the trustees consider non4a5h lnvestsnts in
The Tangerine Trust Trnslees, Report (tontinued) Plans for future periods Activiiiesplannedts ll¢hieveulm% The charity h45 Lxgutt distiibuiinE grallts ofter the perityj end. ¢aF¥eting progrdmm¢5 by Tegied charities thai align with its ckn12ble obj¢¢t& The (ruslees &xpect the mjority of rnaijllng funds to be ¢(xnrnitted Mthin M Ye subject to volLTre. qualily, gnd suitsbiltty of applic2tiorLt StnECture? gov¢rnwttt Nrtrore ofgoverninK docunieni The langerine TDJA 15 a Tew5tered chsrity, Dumkr 1208130 2nd is govem&l by its constitution adopt on 7th May 2024. The trust ¢sblIshed by an initial gift from the foutN5er5 folloiviTrg the salt of a bu5illt& Recnrilmeni riAd4pFoinlmeNioffftu The t$1 is ¢urr¢nily managed ao)d op¢rakd by four mLStee& New TnLqets are app)Int by tb¢ exrsting trLL%t in accordance th¢ founding con5tilution. which r4uiYts at le&d arKI a MlMuM of five OrgoiilsalionulstrNcr4rc As this our fiT5t year, the trustees md regutarjy to Set up the es5eniial building blo&s: apwintment of trustee& governonco financi8] Comrols bank accounts. Initi grant-making plans. All daY.IL administrwson handled by th¢ trv#ees with help from ptofessional adIrS Mthere nEeded AII trUrcs gÈve their time frrely and the row8 o)A4LLI]tion wifi¢aily prohibits any truee from e1viDE ony fonn of remunerotion or benefii from their positiott. Trullees are rwired to di¥los¢ any rElevaDt irtere5ts in 8ny arrnnged or prop)s&1 trall10n with the chatiry, and they mtL%t absent ttEmselv¢s from any diw5s1ot acoDAict of Inter might arise Disclosure of illformation to auditor Eath trustec has tsken Iha¢ Iho. ou8hE have taken as 8 uuse io order w make themselvej awwE of sny relevant Audit informatTrOn fiT lo e#ablish that the ¢hity's auditor is awa of thai infornation. The tnjstees ¢onfiTm (hat Ihere is 00 relevant informluon they know of and of whith thcy know the auditor 13 Iinaware. The annual ffport was approvd by th¢ ofthe Glwity on 5 Jamwry 2026 and Sied its behajfby: GM Bury ChoiN8
The Tallgerine Trust Ststement of Trustees, Responsibiliti The tN51 ore rtspowible for pretArit18 the tnLStets' rewt and th¢ finarKiai statemenLS in eonlan¢¢ wilh the Uniied ngdoM Accounting Standard5 (uni Kingdw Gcnmlly Accept&1 A¢yoWlg Prntti¢e) and applicable law and regUtIO[L5. The law appli¢able to charities wttires the ¢n]5te¢s to pw finJcwl ststrnertts for ¢&ch fIrMnci period which give A and fair vtem" of the sta of affairs of the cbariiy aud of the iroming resources and pplicwion of rtsources of the cjwiry for that rriipJ. In prEpariog these financiB] 5tatcmenLk the tru51ees are required to: s¢le¢t Etable accounung pN)Ilci&s arKi then appty them consiSttIY.. observe the methoth and principles ift ibe Charities SORP. m8keJudgements and estim85 arE reHsorthle and prud s1¢ whether applicable a¢¢wnting standards havc been followL subjext to mat¢riai deF4nures disclosed and poined in the financiat Stattsnen aThJ pryre the fin¢10] statements on th¢ 8OiQR concern twis utt[% il is inapprwi to pre5wne that the ¢arity will canlinue in busin The th551e 8r¢ r¢sp)nsible for keepinR pmper x¢ountin2 ¥ecord5 iiw disclose wilh rea50Tsable accuracy al any time the financial ption ofthe clwiiy 0SKI eo•ble th¢m to enswe thai the financial 5thtanents comply the Charities A¢t 201 l. the Charities (Accounts atMI Reprts) R¢gul&ions 2(x)8. and the prrJvisioAs of th¢ ¢onstjiution. The tr$5tees are a]so resp)rLwblc for s&fwardin£ the a&sets of the charity and herK¢ for tokulg Te&8onable ep5 forthe preventson and deieaion of fraud and other irregulariti& The tnLsiees are r¢spon5iblc for the mwnienarKe artd ingrity of the corporate and financial inforn&tion included on th¢ churitable comtw's iTrrbsik ls1)O[L 8ovulling the pr¢rAration 81 dissemtnauon of rjnancial statements rnay drffer fr(ffi legislBtion in other jurisdi10% Approved by the trustee5 ofd¢hazity on 5 Jatnmry 21n6 siglled on tts bdwlfby. GM Bury Chairnan
The T8ngerine Tnt Illdepelldent Auditor's Report to tlte Members of The Tthngerine Trust Op5Dlon We have allth1 the financial smernents of Tbe Tangerine Tn lthe'ehariiy) for the rtriod from 7 May 2024 to 31 March 2025. iyhich compris¢ th¢ Stsiemeni Qf FiTJ8ncial Adiviiies. Balance SheeL C&sh Flow Stsieroent, Noies (o th¢ Finan¢ial StatLTrcns. including a gJ]nmary of SilfICant a¢¢ounting poli¢ie The financiaI reporting frameivijrk. that h&8 been applied in their prepathion is United Kingdom Alrounling Stsndard5, comprising Tharities SORP- FRS 102 Tr Fil)cial Reporting SthndaJd appliLxble in UK and Rewblic of Irelftne and applicablc law {Unittd Kingdom Getternlly ALXYPted Accounring Ptxtieel. In our opiniots the financi8J 5tatLYxetYS: givc 8 true and fair view of th¢ of the ¢harily's affai Ht 31 March 2025 of its incomin8 resources and applic41ioo of rtsorn including its income and expendtury forthe Wi+)d then eoded. h&ve trttn properly prepared in accordance iyith United Kin8th)m Genedly A¢repted Ac¢ounling Pra¢ti¢ have been Prepsred in ardance wtth the re4uimn¢nts of CtMTiti¢s A¢A 2011. B&sts for opknlo We conthicted rAJr audit in with Inl¢ma¢ion Stattdarth th Audiiing IUKI USAS {UKII applicable lthv. Ollr resport5ibiiities under those are fu]ther drribed in the auditor r¢5ponsibililie5 for the audii of the fJnan¢ial slatements seetion of our TepoFL We are indeE¢ndertt of the chaTiW in a¢Eordance with the ethi¢al rtquiremen¢s ihaL are relevwi Èo Thjr audii ofthe financial Statents in the UK includsng the FRC'S Ethic Standrf and wc have fulfilled ¢Jur ither ¢thical rwnsibilities in accord2nee with thtse reoullrmentk We believE that the audii evidow¢ we IHYe obtsEr is &Jfficienl and 8ppropri w kyowde & basis for our opinion. Coneluslotts rel#tiDg lo golnz wntern In audiLin8 th¢ fm8n¢ial sweTnent& have cot1eluj that the thjgets of the going ¢(K¥xrn i•s or aecounting in thc prerAration of the fjnancial statements is appropriatr. Based on the i¥ork w¢ ve rkrfOi. have noi idenlifjed arty material uneertaiThtifS relating to events or Condit1D thai indtviduaily or collectively.. may caM si8nifÈcant doubt on the charity's Ability to continue a5 a gouig concern for a ri{ of aÉ le• Nv¢Jve m% from whth tlle Origin f1raanci tements iyere authoristd for issue. Our re5ponsibiliti¢s and thE r¢4Thsibilities of thetnLSte¢s with res w going c4)n¢em are described in the relevant sertions ofthi$ rtport. Other informatlon The tre5 are re5wn5ible for the other inffftna¢iM. The o1hcrinfoati0n comprise5 the infom7ation included in the annuaj repon. other thao the emettts and our audithr's [m>rt ther&)rL Our opinion on the rinancial statements dtts not (J)v¢r the othcT infoall0 ar¥1 exccpL th th¢ theNis¢ ¢xpli¢i(ty stated iu our repor4 we do not exptts5 aRy form of &sNwarKe conclusion In ¢onnethion with 0 audit of the fiDancia] statemen14 our responsibility is to re4J the othtr infoallOn and, in doiL8 so ¢on5idtF ivhether the other infonnation is t[Lala[[Y InconsisrtI 747th the finala1 stat¢ments or our kntrwledge obtai[d Èn the audil orotheJwi arfjxaT5 10 be maleri[y rnis5thte¢L If Kr identify such materi incJ)nsistenGi¢s or apparcnl material missw¢merJW are required to dt¢¢nnine whether thuE is a material mi$4*Tnent the financial sLatemenL8 or a mai¢rial miwatement of the oiher itkfornation. If, on the work we have perfornicd. w¢ ¢onclude that thcrr is a ma[al mis4atheRI of this other tt)f0mcK are required to reportthai facL We have nothing to report in this Teg¥
The TAng¢rMne Trust Independent Auditor's Report to the Members of The Tangerine Trust (continu¢d) Matter5 on which we are required to report by eieeptio In the light of our knowledge and under$LdIng of the charity and Ats environment obtsined tn the course of the audil we have not idelltificd rnat¢rial misstatements in the TnL8tees' ReporL We have nothing to report in Tespert of the following where the Charities (Accounts and Rwrt) Regulatiot]s 2008 requiTes W to reponto you if. in our opinion.. adequats accounting records hav¢ llot been kepL or returns adequate for our audit have not been received from brancbes not visiied by us" OT the fmancial statements are not An agreettttt with th¢ acwunting rOr¢I8 and or ¢rtain di%105UTe5 of trnstees remulleration specified by ]aw are Dot made: or we have not received all the infornution and explanations we requir¢ for audiL Responsibilities oftrusttts As explained more fiY in the Sloi¢menl of T, ResponsiTrfyilities (sei out on page 4). the trustees are resExJnsible for the preparntiOD of the financial statements and for being satisfied that they give a IDJe and fair view, and for such interna] control a5 the trustees detern)ine is necessary eDable the preparation of financial statements that are free from materiaj mi&statemenL whether due to fraud or error. In prepartiig the financial staternts, the Irustees are resnsIble for assessing the ¢harity5 abitity to continue as a going concen4 disc105in& &s applicable, matters related to going Cole atml using the going concern basis of accounting utde5s the trustees either intend to liquidate the charity or to cea5¢ operations. or have llo realistic alternative but to do so. Auditor Restmbnsibilities for tbe audvt of the fiDaDcial Statements Our objectives ar¢ to obtain reasonable assurance about whether th¢ financial statements as a whole free frorn material misstatemenL whether due to fraud or em)r. and to issue an auditor's rep)rt that in¢lude$ our opinion. Reasonable assurance As a higb level of &%surallce, but is not a guardntee ttmt an audit ¢QDducted ID a¢cordan¢e with ISAS (UK) wiu always detect a tDateria] misstatement when it exists. Mi$5tatements can arise from fraud or error and are ton5idered ]Daterial if, individually or in the aggregate, they could reasonably be expected to itffluente the econotllic dlS1On5 of users taken on the basis of these financial stalements. The extent to which our procedures are capable of detecting irregu]arities, includxllg fraud is detailed below: Our apprwh to identifying aDd &&sessing the Tisks of m*eTial misstatement in respe£t of iEr¢gthiti including fraud and non-complianc£ with laws and regul10% was as follows.. . the engagement partner ensured that the ¢ngag¢ment team collectively bad the appropriate competence, capabilities and skills to identify or recognis¢ non-compliance wilh applicable laws al r¢gulations; • we identified the laws and regulations applicable to the charity through discussions with ttustees and other management, and from our knowledge and experience of the chartty sector. we fo¢sed on s7¢ law5 and regulations which we considered Tnay bav¢ a dict material effect on tbe financial statements or the operations of the chariry. including tbe Cbariti¢s Act 201 I, Iixation legi5]ation alld dkna prot¢¢tion, anti-bribery. employmenL environmentsl and health and safety legislatiot ' we assessed the extent of comp]iance wxth the law% and re8OnS identified above through making euquiries of management and inspecting legal correspolldence" and . that identified laws and regu]lOnS were tommunicated withtn the audit team resarty and th¢ t¢am retnained alert Io instances of llonrfotnpliance throughout the audiL Page 6
The TangerAne Trnst Independent Auditor's Report to the Members of The Tangerine Trust (Continued) We assessed the suscepttbility of the cl)arity'S fitiatic Statements to material mis5tatemenL including obtaining an understanding of how fraud might occur, by: . making enquiries of manageent to wh¢re th¢y nsIdered there was sSCeptIbIlity to frau their knowledge of actual. suspected and all¢g¢d frau(" . eollsidering the Internal controls ID place to mitigate risks of fraud and nonwcompliallce with laws aJLd regulatiOll5' aDd To address th¢ risk of fraud t1h manwent bias and override of conttol4 we: ' perfOn analytica] proce¢hwes to identify and Unusual or ullexp Telationsbips" • tested journal entTies to identify unusual transactions; • assessed whether judgements and &8sumptions ]nade iti detenn1 accounting ¢stimth set were tndicative of wtential bias; and * investÉgatrd the rationale khind sigtiificant or unusual traDsactions. tn response to the risk of irregulaTitte5 alld nonliance with law3 and regulations, we designed procedures which included, but not lirnited to.. . agreeing financial statement diwl¢)5ur¢s to derlyIllg supporting documentati • reading the minul¢s of meetings of those charged with governance: • ¢nquiring of management as to a¢ll1 and potential litigation and clai]ns' and • reviewing wrr¢5pond¢n¢¢ with HMRC, Televant gUlar$ and the cl]arity's legal advisors A further description of our r¢5ponsibilities is available on the Fitwicial Rert[g Couttcil's website at.. www.frc.or&uklauditorsr¢spoDsibilities. This description forn part of auditor's reporL Use ofollr report This report is made solely to the charity trusttts, &s a dy, ill accordance with section 144 of th¢ ChaTitie5 Act 2011 and regulations made under sectioll 154 of that Act. Our audit work h&s be£n undertaken so that we might state io the ttustees those matters we are required to State to trll5tees an alldit¢)rs' Teport and foI no other purpose. To the fullest ement permitted by law, we do not accept or assume reswnsibility to anyone other than the clwity and its tnL%rees &$ a I, for our audtt worK for this reporL or for the opinions we have fornied. Paul Roper Senior Statutory Auditor) For and on b¢ha]f of McK¢ll¢ns, StstUry Auditor I I Iliverview The Embankn]ent Business Park Vale Road Heaton Mersey Stockport SK4 3GN 8 January 2026 Pag¢ 7
The Tingerille Tryst Statement of Financi21 Acttvities for the Period from 7 May 2024 to 31 March 2025 Totsl 2025 fuDds Note Incon And Emdowments from: Donatiots and leBaci&8 Investmcnt income 8.250.000 29.772 8250.OtM) 29.772 Tota] tnrome 8279.772 8279.772 Expeuditure on: Charitsble aclivities {3.900} 13.900) Totol F¢nd1lWe Nel incone 3.900 (3,900) &?75,872 8275.872 Net movem¢ni in fund5 &275.872 8,275,872 Retontlliation uf fund5 Tothl fi]nds C8rri¢d fonwd 12 &275,872 3275.872 All of thc charity a¢tiviiies derive from n¢tnU1n8 ¢¥xTatiotts durin£ the obov¢ peri¢yL The note5 on pag4s I I w 14 10rn1 on Ènt¢£ wt of these fiTm¢iai S¢amcn Pag¢ 8
Tbe Tangerine Trust OietiistrAtiott llumber: 1208130) Balance Sheel as at 31 March 2025 2025 Note CvrreDt ATStts Debtors Cash at and in hand 2,163.069 6,116.703 10 8,279,772 CT¢ditors: Aollts f8llitig du¢ w¥thiD one year N¢t Assets 13,9001 8 ?7j.872 Funds ofthe chartty: Unrtstricted income ftEn UnIricted fun( 8,275,872 Total funds 12 ?7).872 The financial staLemenL8 on wges 8 to 14 TTe aptsl by the tnt5tees. and wthorised For itsuc on 5 Jan 2026 signed on the]rbehf by: GM Bury ChrMan MJR Houg}I Tru$¢ee The onpa&es I I to 14 fornl iniegrnl wtof finwKi8] stattmen P8g¢ 9
The Taugerine Trust Cash Flow Statement for the Period from 7 May 2024 to 31 March 2025 Note Cash flows frnm operating2divtli Net cash income 8.275,872 AdJustmets to easb flows frojn non-ca5h Iteu Invesuneni inco5n¢ 129.7721 8,246,1 WorklDg capital adjustments Incr¢ in debtors In¢rease in ¢reditor5 (2,163,069) 3.9tM) Net floM¥ trom OFalL[Vg activities Cash liows rtom knvestsng 8tliYities Interest receivable and similar in¢ome 6.086,931 29,772 Net itKrt4se in c&%h and ¢th equivaJeTts Cth and cash equivdents at 7 May Cash and Lth equivalenL8 *31 Match 6,116,703 6.116,703 All of the c&sb ar¢ derivtyl from a¢quisiti(ths In the UErteni fitwjciaj The no¢&s on I I to 14 forn an inW ofthw fit)en¢ia] swemen Page io
The Tangeriue Trnt Notes to the Financial Statements for the Period from 7 May 2024 to 31 March 2025 l Aeeountlng polEcies Stt¢ment tsf compll8iiee The fjnoncial ststem¢nr5 have prepaT¢d in a¢cothR with the 0nd ediiion of the Chariti¢5 S¢a¢¢mcni of ReLommended PTactiL% Èsxed in Oaoir 2019, Financial Retffiin8 Swidard applicable Ill the United Kingdom and Republic of [land IFRS 1021 and the Clwtlie5 2011. Basis of preparatÉo The Tengerin¢ T¢ meets the definition of a public ttnEfit ujth FRS 101 The aLxounts (finwKtai starem¢ntsl have b¢tn prepd under the hiaorid cost conven¢ion with itctll5 Tec4jgnL SL cost or transactiL value unl¢ss othenws¢ 5takd in the relev•Ji noids} these aut Golng coll£¢rn The Irustees consider ihai the ATe material wK¢dli¢s &bouL the Lknitys ability to Contin os 8 going oncern. Iniome and elldowm¢nts Volun¢ary ui¢orTLe ittcluding donatiotL% 8iii% leRaci&s grants providc tyjre fuThthng or art of a gener is olS¢d ivhen the ch8rtN has rntitianeni to the in¢om< it is WDbxble that the iThL¥>me will E¢ re¢¢iYed and the amount can be measured with wif1¢1¢ relÉabilily. ¢Yndlegac¥es Donktiions and lesacies ar¢ reco]Sed on 8 rtteLvab]e blsis th reretpt is protble 8nd the wnouni tan relizbty Mered. DIVIdL ar¢ ffttogni5ed (ethe thvid¢nd has been dexlared aodTWtIfil Ims lxtn re&tved of the dividEnd due. EKpendlturt thul &¥[dilure ts recoy1 once the¥e is a leg81 w constnthe Obl1gati to th8t exwdttur4 it is prob3ble sdtlement l5 required attd the omwnt bc mrawthl lIablY. All c(&s are 8]located to ik applicEble tndih]re heading aggregate Simil costs to that ¢ategory. Where Costs cannot be dlrcctly attributed to tortiCLdar h¢ading5 they have beett allor2ted on a FAsis crAJsistyN with Ltse of rfsource4 with centrd SEaff ¢os¢s located on the b&8is of tsTllf 5PCrt gnd dcpTCCialion ChC5 all(&1&4 on the r$lOn of the a.5 Other5UPPOrt C05ts are ajlocated bsscd otk thc sprEwJ of aartro& GowÈr&wee ta5ts These include the eosL8 attyibut8ble the charity's cornpl18e wÉth 0)n[oal and sthtutory requllemett including audii strntegi¢ rnanagcmenl and trustees meeting5 ar¥J reimbwsed en PwIi
Tbe T8Terine Trust Notes to the FiDanciai Statements for tbe Period from 7 May 2024 to 31 March 2025 (continued) Tation The chwity is cortsidered to t53 the ie&s sd in PwagTaph I S¢hedule 6 of FIrnCe Act 2010 Bnd thetefott 1¢ meets the definilion of a charitable company for UK c¢JrpornlioTh t&x purpo Accordingly, the charit). is potentially exempt from t&1¢0 ¢n Y¢spect of in¢4Kne or capital gall Jr¢eived within tegOrIeS covered by Cbapr 3 Part I l of the Corporion Tax Act 2010 or Sethioo of the TatiOn of Chargeable Gains Act 1992. to the lent th su¢h incone orgwns aTE at4)li¢d ex¢Jwv¢ty to tharitable purpo CAsh t45h equivalents Cash and ¢xth 4uivaJents comprise c8sh on 8nd ¢811 desiL and other short-teTm highty liquid inve5Dnents are readily coThvenible a kr¥)wn amount of cash 8Tt subjed irLsignifJcant risk of change in ¥81u¢. Fund $trueth UnreMricLed in¢me fvDds get futtds thoi axe available fLf e & the trtr5 dirtion in furtherance of thc objectives of the Charity. 2 1Dtome from dotsatiow lezacltj fttDds Gtneral Total fun¢Ls Don81ions and legacie5: Dona(ions from indiyid Gift wd reclaimed 6.600,OIXI 1,650.0(K Totsi ftsr P¢Fiod ended 31 Mar¢h 2025 8250,(KXI 8,250,0(M) 3 luvestmeDt Income Uttttstrlct¢d TotaI funds GeDeral Intertst receivdble 8nd sirrailaT incom Int¢rest rcceavable on b2nk desits Total for period tndtd 31 Marth 20 29.772 29.772 29.772 4 EJpeDdlturt on ebaritxble aetlvltt¥ funds Geer41 Total funds Nol¢ Governanit co Poge 12
The Taugerine Trnst r4otes to the Financial Statements for the Period from 7 MAY 2024 to 31 Mreh 2025 {CODtilllled) S ADaly5is ofgov¢rno¢t support costs Gov¢rnance costs Unrtstritt runLts Ceueral funds Audii feeg Audii ofthe fir181 swements 3.0 Tothl for period ended 31 March 2025 3,900 6 Net knCDmiyjotgoIE reSoTteS Net incomin0Utg01ng resowces for th¢ PCTiLwJ iwlu(k: 2025 f¢¢5 7 Tntstzu remuDer2tlon Ènd exptuses No tnjsteffj nor arty persL% cont with than. receiv any rtmuneration frnm the chariiy dLtyillB the No tru5ttts have Teceived kny reimlxjrsed ¢xperm from th¢ ch8rity during the ye8r. 8 TaxatEo The chality is a registu¢d cknrity and thw¢fore ¢eM from 9 Debtors Aozued income Oiherdebtor8 513.[9 1,650.CQO ? 163.(k59 Pag¢ 13
The Tangerine Trust P4ote5 to the Financial Stat¢ments for the Period from 7 May 2024 to 31 March 2025 (eolltillued) 10 Ca5b and casb eqllivCryts 2025 Cash at bank Short-iemj (kposits 545.(IK) 5571.703 Q116.703 I I Cr¢ditDTS: Olts fg]Jkng due within ooe year 2025 Accruals 3,900 12 Funts ID¢omiug ReSOllrtes expthdtd Balo4¢t #t31 March 2025 UDre5trfcted fun G¢nera] 8279,772 I3.9} 8275.872 13 ADaly5Ls ofTrrt w¢ts bttween Unrestricted funds G¢tt¢rnl Totsl thtsds At 31 Marth 2025 Currrnt g&%cts Currertt liabibiie5 8279,772 13.90D) I3,9) Toial nei Assets 8,275,872 8275,872 14 Related pllrty trAosartloD$ Thcrc wcre no related pany trun5&tioLs in the