IM irwinmitchell FRIARSGATE TRUST RITY NUMBER 220762 FINANCIAL STATE For the ear ended 5th A ril 2024 (Ref.. TST145038961)
FRIARSGATE TRUST RED MB 22 Contents to th• Flnanclal Statèments for the ear ended 24 Trustees report Independent Examiners, Report ststement ol Finanaal Activibe$ Balance Sheet 15 Notes to Financial Statements 16-23 S(*edule of Investments
Page 1 Frlarsgate Trust Trustees Report For the Year ended 5th Aprll 2024 General Information Full Name of Charity.. Friarsgale Trust Nature of Governing documenL' Deed of Trust dated 25th March 1955 Registration Number.. 220762 Registere(S Address.. Thomas Eggar House, Friary Lane. Chichester. Wesl Sussex, P019 1UF Principal Banker.. National Westminster Bank Plc. 5 East Street, Chichester. Wesl Sussex, P019 1HH Solicitors.. Itwin Mitchell LLP, Thomas Eggar House, Friary Lane, Chichester. Wesl Sussex, P019 1 UF Independent Examiner.. Claire Norwood, Carpenter Box, Piper House, 4 Dukes Court. Bognor Road, Chichester, Wost Sussex, P019 8FX Investment Managers.. Brewin Dolphin Limited, 12 Smilhlield Street, London EC1A 9LA Constitution and Oblects The Tnjst was established under a Deed of Trust dated 25lh March 1955 executed by the late C.P.B Shippam and is a registered Charity number 220762. Tho objects of the Trust are:_ al To provide funds for the academic and general education of orphans and children Iwhelher infant or adulll whose parents are in poor or reduced ¢ir¢umstsnces. b) To prowde the mental. moral, physical, technlcal and s181 education of children, young persons and adults. cl To provide, equip and maintain for the purposes referred lo in lal and Ibl above camping grounds, holiday camps, playing fields, club rooms or other accommodation and facilities. dl To provide for the relief and care of impolenl persons including in that expression (but wilhoul in any way reslricling the generality Ihereofj all persons suffering either temporarily or pemanenlly from disease or disability of any kind affecting their body or Mind. el To provide for the relief of persons over the age of sixty years by the provision of maintenance, food, clothing and housing. To promote and support or ai(i any charitable inslitulions. purposes or projects in any way ¢onne¢led with the objects aforesaid or calculated lo further such objects or any of them. GA.. 6671949 1
Page 2 Trustees The current trustees are.. Mrs S Bain Irelired 21.4.20231 Mrs G Livingslone Irelired 21.4.20231 Mr R M Newman rs D A Altman Mr R A Norton lappoinled 21.4.20231 Mrs N Small {appoinled 21.4.20231 The appointment oflhe Trustees is governed by the Trust Deed. The Trustees are aulhorised lo appoint new Trustees lo fill vacancies arising through resignation or death of an existing Trustee. Trustees are appointed both on the basis of their specialisl knowledge of the area bul also on the skills they have to bring lo the role. Prospective new Trustees are invited to attend al least one trustee meeting before making their decision on whether they wish lo be appointed. They are providèd with copies of the constilulion, minutes of Iruslee meetings and the last two sets of accounts. In the year lo 5th April 2024 Iruslees retired and two new trustees were appointed. In the absence of express provisions under the Trust deed, the power of appointment and retirement of trustees Is exercised in accordance with the Trustee Act 1925. Operational and Decision Making The Trustees meet al least hIce a year lo monitor the 8elivilies within the Trust and the financial and investment priorities. In addition. they meet on a regular quarterly basis to assess gr8nl appliealions and lo approve or refuse grants against the grant making criteria. I decisions are made by the Ttuslees with the help of their professional advisers. There are no employees of the Trust. Decisions are made by majority vole bul execution and implementslion may require only two signatures from trustees. Fundraising and Grant Maklng Pollcy The Trustees do not carry out any independent fundraising bul rely solely on the income generated by the investment portfolio as managed by the investment managers on a discretionary basis. There is no geographical reslriclion in the Objects, the Trustees give priority to local projects and those based in Wesl Sussex. Grants are made on the basis of criteria laid down and agreed by the Trustees. The Trustees evaluate grant applications made to the Charity. Visits are arranged to applicants potenlially qualifying for support in some cases and then, if appropriate. a written commitment made selling out the agreed conditions including any lime limits. In some cases follow up visits are arranged to assess the impact of the grant payment. Aims and Objectives The aim ofthe Trust is to appty the income and, if appropriate, capital towards the Objects of the Charity. The annual income generated by the investments is used lo support particular projects or. where appropriate. individuals. The anticipated income lor the coming year is approximately £123,279. Although not formalw resolved, the Trustees apply between £15,000 and £25,000 per quarter if suitable appeals are received,. whilst ensuring sufficient liquid funds remain for the day lo day running of the Trust. The Board of Trustees have paid due regards to guidan issued by the Charity Commission on public benefit. GA.. 6671949 1
Page 3 Overvlew of the year During the year the Iruslees made 32 grants lolalling £85.002, 10 inslilulions. Of the 32 grants made over 62.10 were for £2,000 or less. No further pledges were made, bringing the lolal grants and pledges in the year ended 51h April 2024 10 £85,002 lin 2023 the grant payments were £101.134. there were no pledgesl-. The overall reserves ol the Charity increased during the ye8r by £237.457 {2023 decreased by £306,056). The professional fees paid lo I1n Mitchell LLP were £13,500 (2023 - £14.1001. The Trustees continue lo use wvM.friars atelrusl.or .uk giving the trust a web presence, for a very modest outlay. The prinaple object is lo improve the quality of grant applicants by requesting applicants to provide relevant information in a standard formal.. as well as lo further publicise the Trusts aims and objectives. Investments The investment portfolio as al 51h April 2024 was £4,304.17012023 .' £4,Q80,4801 with income generated of£118,270 (2023 .' £118,903). The lolal portfolK) return was 8.9% compared with 13.290A in the agreed benchmarL There are no restrictions on the Charity's power lo invest. The investment 51rategy is set by the Trustees for a period of three years and lakes account of likely demands for funds and the quality of the funding applications. The Trustees Consider the income requirements, the risk profile and the investment manager's view of the market prospects in the medium term. This strategy is set wilhin an overall policy which stales that the fund is lo be invested in a balanced portfolio with moderale risk based on a balance between income and capital growth. The investment portfolio may comprise equities, lixed income stocks and cash with a view to ensuring that capital appreciation of the fund matches or exceeds the FTSE 100, the FTSE All Share Index, WM Charities Unconslrained Model and FTA Government All Stocks over each three year period. The funds, all of which are unreslricled, may be invested in any type of investment. The strategy is reviewed with the investment manager at least annualty. The portfolio is managed on a discretionary basis by Brewin Dolphin for a fee based on the value ofthe portfolio. In addition to a valuation at the end of the financial year, the investment manager provides the Trustees with a valuation and formal review every three months as al the end of June, September, December and March. The quarterly reports are Considered al the Trustee meetings. GA.. 6671949 1
Page 4 Cash at bank Changes in cash levels are largely dictated by the incidence of charitable grant payments., this year the Trustees, being mindful ol the uncertainly over income, agreed lo hold as a minimum posib've cash balance sufficient lo cover the cost of running the Trust for a year. The cash balance al 5th April 2024 was £33,378 compared with £15,533 8 year earlier, an increase of £17,845. The cash funds are under the supervision of the Charity's adminislralors, the Trust Department of its solicitors. Reserves 11 is the policy of the Charity lo maintain sufficient cash funds to meet its anticipated expenditure on charitable grants. Income from investments are generally sufficient lo covers ils normal ongoing expenditure. The resetves at the balance sheet date were £4,327,82012023'. £4,090,364). Rlsk Management Throughout the year the Trustees have examined the major strategic, business and operational risks which the Trust faces. A minimum of10 trustees are needed lo sign all cheques and other documentation relating lo financial or other transactions, but the deCiSn hawng been made by all Iruslees. Thè two assets ofthe Frrsga1e Trust are the portfolio of investments and a cash deposit. The rK)rtfolio is subject lo discretionary managermenl but the Trustees have in place a management agreement and Investment Policy. The market risk is moderate and high risk inveslmenls are specifically exduded. Regular reports a ceiVed from tho investment managers. These reports are reviewed regularly and a meeting with the investment atlvisers is held at least annually. The Investment Policy provides for a maximum of three years between formal reviews of investrNenl advisers. For subslanlial projects, the Trustees will liaise with the organisation in question, review the background and ensure the documentation is in place. Vvhere appropriate funds are pledged with conditions lo be satisfied before the grant is made. Statement of Trustees, Responsibilities The Iruslees are responsible for preparing the Trustees, Report and the accounts in a¢¢ordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountlng Pracllcel. The law applicable lo charities in England and W21es requires the trustees to prepare accounts for each financial year which give a IrLJe and fair view of tho Irusl's financial activities duling the year and of ils fi'nancial position al the end of the year. GA.. 6671949 1
Page S In preparing accounts gNing a Irue and fair view, Ihe Iruslees should follow best practice and.. select suitable accounting policies and then apply them con5151enlly', observe the methods and principles of the Charities SORP., make judgments and eslimales that are reasonable and prudent., stste whether applicable aecounb'ng standards and slalemenls of recommended practice have t*en followed, subject lo any departures discbsed and explained in the aecounls., and prepare the accounts on the going ¢on¢ern basis unless il is inappropriate lo presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy al any lime the linancial position of the trust and which enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charily and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Trustees and signed on their behalf.. .Truslee .Truslee ..Trustee .Truslee 17.01.2025 Dated...................................................... GA.. 6671949 1
Page 6 FRIARSGATE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIARSGATE TRUST I report lo the ttustees on my examination of the finanaal slalements ol Friarsgate Trust {the charity) for the year ended 5 April 2024. ResponslbllitTe$ and basis of report As the Iiuslees of the charity you are responsible for the pparatIon of the financi81 slalemenls in accordance th the requirements of the Charities Act 2011 Ilhe 2011 Act}. I report in respect of my examination of Ihe charily's financial statern8nts carried out under section 145 of the 2011 Act. In carrying out my examination I have followed 811 the ap1¢able Directions given by the Charity Commission under sedion 14515llbl of the 2011 Act. Indèpend&nt examIne$ Ststemont I have completed My examination. I confimi that no matters have come to my attention in connection with Ihe examination giving me cause to believe that in any material resped.. arxounling records weie not kepl in resp8cI of the charily as reqUId by section 130 01 the 2011 Act,. or the financisl statements do not awrd wth those records.. or the finanri81 statements do not comply with the applicable requirernenl8 concerning the form and content ol accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requiremenl that the a¢counls give a true and fair view which is not a matter considered as part of an independent examination. I have no COnrnS and have come across no other matters in connedion with Ihe examination to whh attention Should be drawn in this repori In order to enable a piopei understanding of the financial statement5 to leached. Claire Norwood Bsc FCA ATII Carpenter Box Piper House 4 Dukes Court Bognor Road Chichester West Sussex P019 8FX 1710112025 Daled.. GA.. 6672023_1
Page 7 FRIARSGATE TRUST REGISTERED CHARITY NO. 220762 Stat8ment of Financial A¢tiviti&$ for the ear end8d 5th A ril 2024 Includin Income and Ex 8nditure Ac¢ount Total 2024 Total le 2023 Incomlng resoureès Investment income and bank interest 118,270.09 118,270.09 118,902.67 118,902.67 Resources •xp•nd8d Governanc8 costs 15,078.82 15,696.60 Investment management costs 25.680.47 25,599.30 Charitable activities Total Resources Expendad 85,002.00 125,761.29 101.134.00 142,429.90 Net Gain$lllos8esl on Investments Realised ljossesllgains on disposal of fixed asset investments Gainslllossesl on revaluation of fixed asset investments N8t mov8m8nt in funds 11.740.191 246.688.14 237,456.75 183,799.98 (198,728.591 306,055.80 Fund ba13n¢e brought foNiard 6.4.23 4,090,363.68 4.396,419.48 Fund balancè carrlèd forward &4.24 4,327,820.43 4,090,363.68 None of the Charty's Sctivities were acquired or discontinued during Ihe above kn fiscal years. The Charfty has no recognised gains or losses Other than those dea Mfith in the Statement of Financial Aetimties. Thè notes on pages 9 to 15 form part ofthese account8.
Page e IARSGATE TRUST REGISTERED CHARITY NO. Balan rll 2024 As at 5.4.24 As at 5.4.23 Fix8d Assets Investments at value 4,304,169.56 4.080,480.20 Current Assets Cash Totsl currant A88el$ 33,378.54 33.378.54 15.533.48 15,533.48 L(abilibe8 falling due wthin 12 months Creditors N9t Current Assets Total Assets less curront Ilabllitl•s 19.727.671 23,650.87 4,327.820.43 15,650.001 9,883.48 4,090,363.68 Funds ofthe Charity Unrestrioted 4,327,820.43 4,090.363.68 The linanaal siatements wtre approved by the board of Iruslees w. on ils behalf by Trustee 17.01.2025 The notes on pages 9 to 15 form part of these a¢UMts
Page 9 FRIARSGATE TRUST REGISTERED CHARITY NO. 220762 N tes to the Accounts for the ear ended 5th A ril 2024 I ACCOUNTING POLICIES The Friarsgale Trust is an unincorporated charily, registered with the Charity Commission number 220762. The registered address is Thomas Eggar House. Friary Lane, Chichester, Wesl Sussex. P019 IUF 1.1 ACCOUNTING CONVENTION These accounts have been prepared in accordance with "Accounting and Reporting by Charities. the Slalement of Recommended Practi for charities applying the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 1021 and UK Generally Accepted Accounting Practi as it applies from 1 January 2019. The charity is a Public Benefit Entity as defined by FRS 102. The accounts are prepared in sterling. which is the functional currency of the charity. The accounts have been prepared on the historical cost convention modified for the revaluation of inveslmenls. The principal accounting poliryes adopted are sel out below. 1.2 GOING CONCERN At the time of approving the accounts. the trustees have reasonable expectation that the charty has adequate resources lo conb'nue in operational exislen¢e for the foreseeable future. Thus the Iruslees, continue lo adopt the going concern basis of accounting in preparation ol the accounts. 1.3 CHARITABLE FUNDS & FUND ACCOUNTING Unreslricled funds are available for use al the discretion of the Iruslees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Incoming R8sourca$ Incoming resources includes investment ineome. which is recognised when the charity has a legal right lo the income. The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net incomellexpendilurel for the year.
Page fo 1.4 GRANTS PAYABLE Grants payable are debited lo expenditure within the Statement of Financial Activities in the period in which the charity enters into a constructive obligation lo make such paymenls. Where a grant commitment is payable over a period of more than one year, a liability is recognised for the full amount of the conslruclive obligation unless conditions are allached lo future payments such that the Iruslees effectivety relain the discretion to avoid making such payments. 1.5 INVESTMENTS AND INVESTMENT INCOME All investments are stated al fair value and the movement shown comprises both realised and unrealised gains and losses. Realised gains or losses arising on the disposal of investments Ilogelher with provtsions for diminution in value), are credited or debited to the Statement of Financial Aclivilies. and subsequently transferred to Unreslricled Funds. 1.8 CHARffABLE ACTIVITIES The cost of charitable activities consists of grants made. 1.7 COST OF GENERATING FUNDS The cost of generatlng funds consists of investment management lees. 1.8 GOVERNANCE COSTS Governan costs comprise all costs invofving the public accountability of the charily and ils compliance with regulation and good practice. These costs include costs relaled lo slalulory audit and legal fees together with other overhead and support costs. 1.9 CASH AND CASH EQUIVALENTS Cash and cash equivalents include deposits held at call with banks. 1.10 FINANCIAL INSTRUMENTS The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments. and sedion 12'01her Financial Instruments Issues of FRS 102 to all of ils financial inslrumenls. Financial assets and liabilities are offset, with the nel anK)unls presented in the financial slatemenls, when there is a legally enforceable right to sel off the recognised amounts and there is an intention to settle on a net basis or lo realise the asset and sellle the liability simultaneously. Basic financial assets Basio financial assets, which includes debtors and cash and bank balances, are initially n*asure(l al transaction price including transaelion Costs and are subsequently carried al amortised cost using the effective interest method unless the arrangement conslilules a financing transaction, where the transaction is measured al the present value of the future receipts discounted al a market rate of interest. Financial assets classified as re1vable within one year are not amortised.
Page11 Impairment of finan¢lal assets Financial assets, other than those held al fair value through income and expenditure, are assessed for indicators ol impairment at each reporting dale. Financial assets are impaired where there is objective evidence that, as a result one or more events that occurred after the initial recognition of the financial asset, the eslimaled future cash flows have been affected. If an asset is impaired, the impaim)enl loss is the difference beeen the carrying amount and the present value ol the eslimaled cash flows discounted al the asset's original effective interest rate. The impairment loss is recognised in net incomel{expendilurel for the year. If there is a decrease in the impairment loss arising from an event occurring after the impaimenl was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment previously been recognised. The impairment VerSal is recognised in nel incomellexpendilurel for the yeai. Baslc flnan¢ial liabilities Basic financial liabilities, including trade and other payables, are initially recognised al transaction price unless the arrangement conslilutes a financing Irsnsaction, where the debt instrument is measured at the present value of the future receipts discounted al a market rale of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course ol operations from suppliers. Accounts payable are classed as current liabilities il payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are cognised initially at transaction price and subsequently measured al amortised cost using the effective interest method. Derecognition of financlal Ilablliti&s Financial liabilities are derecognised when the charity's contractual obligations expire or are discharyed or cancelled. 2. CRITICALACCOUNTING ESTIMATES AND JUDGEMENTS In the application of the charity's accounting policies, the Irusleès are required to make judgements, eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The eslimales and associated assumptions are based on historical experience and other factors that are considered lo be reievanl. Actual results may differ from these estimates. The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estim21e is revised where the revision affects only that period, or in the period of the revision affects only that period. or in the period of the revision and fulLJre periods where the revision affects both current and future periods.
Page 12 FRIARSGATE TRUST REGISTERED CHARITY NO. 20762 ounts Total le 2024 Total 18 2023 3. Investment income and bank Interest Income from listed UK investments Income from listed Non-UK investments Bank and other Inte$( rec8iv8d Interesl received on cash held on portfolio 65,089.00 31,988.28 49.93 1,142.88 118,270.09 107.243.82 11,397.45 261.40 118,902.67 4. Governance costs lincl VATI I1 Mitchell LLP charges Carpenter BoxlJones Avens, Independent 8xaminalion Azteo Computers- Website Design 13,500.00 1.200.00 378.82 15,076.82 14,100.00 1,398.00 198.60 15,696.60 All of th& governance costs 8re alloG21ed lo the ¢harilable 8¢tivity of grant makin9. lotalling £ in 20241£15,697 In 20231 6. Inve5tm8nt management Costs Investment Management fees 25.680.47 25,599.30 6. Charitable activiti?$ Grants lo institutions (note 101 Grants to indwiduals 85,002.00 101,134.00 85,002.00 101,134.00 Pledges made to institutions PlÈdges rnade to individuals Total grants and pledges 85.002.00 101,134.00
Page13 FRIARSGATE TRUST REGISTERED CHARITY NO. 2207 Not85 to th8 accounts 7. Flxed Asset Investments Total Total le 2023 Qutsted Invastmènts and tx)rtfolio cash Market value 6 April 2023 Additions Disposals IncreasellDecreasel in portfolio cash Net unrealised (lossy gain Market value 5th April 2024 4,080,480.20 1,275.162.57 11,290.284.45) 17,878.90) 246.688.14 4.304.169.58 4,381,285.32 1.190.113.88 {1,219,180.711 173,009.701 198,728.59 4,080,480.20 Historical cost of quoted investments 3.755,982.36 3,721.043.09 Quoted UK Inveslmenis Quoted Non UK Investments Cash held on portfolk) 2.330,983.89 1,924,626.95 48.558.72 4,304.169.56 2.166,575.53 1,857,469.05 56,435.62 4,080,480.20 The following inv88tment represenis greater than 5% of the portfolio by markèt value 39,690148.100 Fidelity Uciis ICA US 311,119.99 322.637.69 8. Analysis of current assets Cash at Inmn Mitd)ell LLP Gash at Nalwest bank 114.93 33.263.61 33.378.54 15,533.48 15,533.48 g. Analysis of current Ilabllltles Creditors Irwin Mitchell LLP Carpenter BoKlJon88 Av8ns Youth Counselling Project- cheque not cash8d- April 2018 Brewn Dolphin Investment Management fees 1.950.00 1.200.00 3,450.00 1,200.00 1,000.00 6,577.67 9,727.67 5.650.00
Page 14 FRIARSGATE TRUST STERED CHARITY NO. 220762 Notès to the account 10. Charitablo activities Total yle 2024 Grants to Institutions Total y18 2023 Grants to institution Education 35,750.00 45,572.00 Care and Welfare Total 49.252.00 85.002.00 55,582.00 101,134.00 There were no grants to individuals during th8 year {2023'. none)
Pag815 FRIARSGATE TRUST STERED CHARITY NO. 220762 REG Notès to tha accounts qo. CharStable activitias Icontinuedl Grants to in$titutlons 1.250.00 2.250.00 2,000.00 4,000.00 1,500.00 1,250.00 1,750.00 500.00 5.000.00 3.000.00 3,450.00 1,750.00 1.500.00 2,000.00 2,500.00 2,000.00 4.752.00 2,000.00 3,000.00 2,000.00 2,000.00 2,000.00 3,550.00 5,000.00 2.000.00 1.500.00 5,000.00 10.000.00 1,500.00 2,000.00 2,000.00 2,000.00 -1.000.00 85.002.00 Grants to Individuals Total 1,250.00 2,250.00 2,000.00 4,000.00 1,500.00 1,250.00 1.750.00 500.00 5.000.00 3,000.00 3,450.00 1,750.00 1,500.00 2,000.00 2.500.00 2.000.00 4.752.00 2,000.00 3,000.00 2,000.00 2,000.00 2,000.00 3,550.00 5,000.00 2.000.00 1.500.00 5,000.00 10,000.00 1,500.00 2,000.00 2,000.00 2,000.00 -1,000.00 85,002.00 12.05.2023 Crackerjack Children's Trust 12.05.2023 The Hygiene Bank 12.05.2023 CDA for Family Support Worf( 15.05.2023 Carers Support West Sussex 15.05.2023 Youth Dream Iselseyl Ltd 16.05.2023 Vvorthing Theatres and Musèums 04.08.2023 Chichester City Centre Drop in 04.08.2023 Cancerwise 04.08.2023 Fare5hara 04.08.2023 Children's 8ookfest- Chiehe8leT 04.08.2023 Henfield Youth Club IM.08.2023 Cherry Trees 04.08.2023 Super Sibling5 04.08.2023 Whoopsadaisy Brighton 08.08.2023 Warren Clark Golfing Dty8ms Lirnited 10.11.2023 Home Start CHAMS 10.11.2023 Sussex MS Centre 10.11.2023 Winstons Wish 10.11.2023 Tall Ship8 Youth Trust 13.11.2023 UK Harvest 13.11.2023 BOSP 13.11.2023 InterAct Stroke SupFM)rt 13.11.2023 Chichester Festival Theatre 13.11.2023 Theodora Children's Charity 01.02.2024 Brighton & Hove Albion Foundation 01.02.2024 39 Youth Club 01.02.2024 Home Stat1 Chichester & District 01.02.2024 Sage House Dementia Support 01.02.2024 Happy Days Children's Charity 01.02.2024 Child 8rain Injury Trust 01.02,2024 Scope West Sussex 01.02.2024 Chailey Heritage Foundation Donal+ons Account Youtr Counselling PrOje- cheque not cashed- April 2011 Pledgèd charitable grant8 11. Transactlons wlth Trustees No Trustee5 18ceived remuneration or other benefi'ts from the Trust during the year, and none12023 .' none) of them were reimbursed £nll {2023.' £nlll for travÈl expenses. There were no transactions between the tharily and any other related parties during the year12023.. Nil) 12. Efflployees Thèré were no employees during the year12023'.nill 13. Transactions with related parties There were no transactions with related parti6s
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