Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F Charity number.. 234667 LUCHANA MISSION TRUST UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST CONTENTS Page Reference and Administrative Details of the Charity. its Trustees and Advisers Trustees. Report Trustees. Responsibilities Statement Independent Examiner's Report ststement of Financial ktivities Balance Sheet Notes to the Flnanclal Statements 9-21
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED S APRIL 2025 Trustees lain Ridley, Trustee Michael While, Trustee Jonathan Mathews, Trustee Charity registered number 234667 Principal office 44 Alwyne Road Wimbledon London Greater London SW19 7AE Accountants MHA Chartered Accountants MHA House Charter Court Swansea Enterprise Park Swansea SA7 gFS Bankers Barclays Bank PLC PO Box 747 Barclays House Ty Glas Avenue Llanishen Cardiff Solicitors L.G. Williams & Pritchard 22 Sl Andrews Crescent Cardiff CF10 3DD Page 1
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST TRUSTEES, REPORT FOR THE YEAR ENOEO S APRIL 2025 The trustees present their report with the financial statements of the charity for the year ended 5 April 2025. The Iruslees have adopted the provisions of Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. OBJECTIVES AND ACTIVITIES Charitable objects The Tnjst's objectives are the propagation of the Gospel of Jesus Christ. Objective and activities The Trust was established to work in the South Wales area and currently oversees three churches in and around Barry in the Vale of Glamorgan.. A. The Luchana Mission, cOnntratIng on yOLJth work and forming part of a small complex at 17 Hillary Rise, Bary.11 is now run by Allister Reid-Danks. B. Parkside Church (previously called Bethlehem Church) forms part of the Gibbonsdown Estate on the outskirts of Barry. It is run by Robert Clee and his wfe and aims lo spread the Gospel among the socially deprived area aroLJnd it. C. Wilberforce Church underwent a period of being vacant but is gradually being revived throughout the efforts of Allisler Reid-Danks. D. The Jerusalem Church building bought with a view lo renovation in 2019 transpired to have been in a much worse state than had been realised resulting in the renovation being beyond the financial capabilties of the Trust. The site was eventually sold (for a loss of £40,000). Public benefit The organisalion's tnjstees can confirm that they have complied with the duty in Section 4 of the Charities Act 2011 to have due regard lo public benefit guidance published by the Commission, as demonslraled by the above objectives and aclivilies. ACHIEVEMENT AND PERFORMANCE The Trust has continued to provide support to the churches noted above during the year by paying some regLJlar fuel bills, repairs costs, and conlribLJtions towards working expenses. Page 2
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENOEO S APRIL 2025 FINANCIAL REVIEW The charity during the year reiVed income lotalling £26.891 {2024= £30.864), the charity currently holds £1.2m {2024.. £1.3ml in unreslricled reserves. Resee$ policy The trustees believe tt prudent lo keep significant liquid reserves in case of emergency need Isay for unexpected property repair). the charity currently holds £1.2m {2024.. £1.3ml in unrestricted reserves. Investment policy A policy statement has been prepared by the trustees of the Luchana Mission Trust and provides guidan as to how the asset management functions delegated to Evelyn I"Evelyn Partners Investment Services") formerly know as Smith & Williamson, by the trustees should be exercised. 11 has been formulated with a view to ensuring that the asset management funcb.ons will be exercised In the best interest of the Trust. Investment objective The Trustees intend that the real value of their assets be maintained and enhanced over the long term by investment in a portfolio comprised of equities, fixed income, stocks and cash. The trustees need lo make a series of payments in connection with the Trust and monies need to be withdrawn as and when these payments are due to be made. This requirement will be discLJssed with Evelyn as necessary. The withdrawals may be mel from Income or capital. Investment brief In order lo meet these objectives the trustees have appointed Evelyn as their agent to manage a diversified portfolio of suitable investments on a discretionary basis. In the context of the Evelyn Client Understanding Note we have selected a balanced investment objective with medium risk. The proportions invested in equities, fixed income stocks and cash shall be reviewed with Evelyn from time lo time to provide guidan on the ongoing suilabilily of that element of investment policy. Review The trustees will regularly consider whether there is a need lo revise this policy and keep under review the arrangements under which Evelyn acts as their agent. The value of the share portfolio made some recovery during the financial year as shown in the detail of the financial statements, bul the future performan of the financial markets remains unclear. Page 3
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENOEO S APRIL 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and conslitules an unincorporated charity. The Luchana Mission Trust is conslituled as a charitable trust whose governing document is ils Trust Deed dated 2 October 1929. It is registered with the Charity Commissioners Ljnder charity number 234667. All decisions are made by the trustees as and when required. Trustee induction and training The management of the charity is the responsibility of the Trustees, who are elected under the terms of the governing document. There is no formal induction programme for new tnjstees, but new members are fully integrated into the running of the trust immediately on appointment. Approved by order of the members of the board of Trustees and signed on their behalf by.. Jonathan Mathews Trustee Dale.. January 29, 2026 Page 4
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENOEO S APRIL 2025 The Trustees are responsible for preparing the Trustees. Report and the financial statements in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclice}- The law applicable to charities in England & Wales requires the Trustees lo prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these finaneial statements. the Trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimates that are reasonable and prudent., stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial slatemenls., prepare the financial slalements on the going concern basis unless il is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial st81emenls 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 Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on ils behalf by.. Jonathan Mathews Dale.. January 29, 2026 Page 5
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2025 Independent Examinerfs Report to the Trustees of Luehana Mission Trust I'the Charity.) I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 5 April 2025. Responsibilities and Basis of Report As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'Ihe 2011 Acl'l. I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 14515llb) of the 2011 Act. Independent Examiner's Statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act., or the accoLJnts do not accord with those records,. or the accounts do not comply with the applicable requirements concerning the fomi and conlenl of accounts sel out in the Charities (Accounts and Reports} Regulations 2008 other than any requirement that the accounts give a 'true and faiv view which is not a matter considered as part of an independent examination. I have no COnmS and have come across no other m8tters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be resched. Signed= Dated.. 29 January 2026 Rachel Doe ACA DChA MHA MHA House Charter Court Swansea Enterprise Part( Swansea SA7 9FS MHA is the trading name of MHA Audit Services LLP, a limited liability partnership in England and Wales (registered number OC455542). Page 6
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025 Unrestricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legacies Investments 8,000 22.864 26.891 26.891 Total income 26,891 26,891 30,864 Expenditure on: Raising funds Charitable activities 6,678 37.916 6,678 37.916 5, 735 44.201 Total expenditure 44.594 44.594 49,936 Net expendlture before net {lossesllgalns on Investments Nel Ilossesllgains on investments Net movement in funds before other recognised gainsl(lossesl 117.703) {2,989) 117,703) {2,989) (19.072) 33,904 120.692) 120,692) 14,832 Other recognisod gainsl{lossesl'. other losses 125.299) 125,299) Net movement in funds 145,991) 145,991) 14,832 Reconciliation of funds.. Total funds brought forward Nel movement in funds 1,340,997 145,991) 1,340,997 145,991) 1,326, 165 14,832 Total funds carried forward 1,295.006 1.295,006 t,340,997 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 9 10 21 form part of these financial statements. Page 7
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST BALANCE SHEET AS AT 5 APRIL 2025 2025 2024 Note Fixed assets Tangible assets Investments 10 11 325,707 874,254 594,359 702. 187 1.199,961 1,296,546 Current assets Debtors Cash at bank and in hand 12 1.864 95,581 1,757 43,774 97,445 45,531 Current liabilities Creditors.. amounts falling due within one year 13 {2,400) (f,080) Net current assets 95,045 44,451 Total assets less current liabilities 1.295,006 1,340,997 Total net assets 1.295,006 7,340,997 Charity funds Unrestricted funds 14 1.295,006 1,340,997 Total funds 1.295,006 1,340,997 The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. Jonathan Mathews Trustee Dale.. January 29, 2026 The notes on pages g 10 21 form part of these financial statements. Page 8
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 General information Luchana Mission Trust is a registered charity, registered in England and Wales. The governing document is its constitution and il is an unincorporated association. The principal address is 44 Alwyn Road, Wimbledon, London, SW19 7AE. The nature of the charity's operations and principal activities are disclosed within the Report of the Trustees. The financial statements are presented in Sleding (£1, the charity's functional currency, and rounded to the nearest pound. The significant accounting policies applied in the preparation of these financial stslemenls are sel out below. These policies h8ve been consislenlly applied to all years presented unless otherwise slated. Aceountlng pollcles 2.1 Basis of preparation of financial statements The financial statemen have been prepared in accordance with the Charities SORP IFRS 1021 A¢counting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. Luchana Mission Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical Cost or transaction value unless otherwise slated in the relevant accounb'ng policy. 2.2 Incomg All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income re¢eivable can be measured reliably. Investment income is re¢ognised on a receivable basis. 2.3 Expgnditur Expenditure is recognised once there is a legal or ¢onslruclive obligation lo transfer economi benefit lo a third party, il is probable that a transfer of economic benefits wll be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by a¢tivity- The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking ea¢h activity. Direct costs attributable to a single a¢tivity are allocated directly lo that activity- Shared costs which contribute to more than one activity and support ¢osls which are not allributable to a single activity are apportioned between those a¢tivities on a basis Consislenl with the use of resour$. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading. Expenditure on charitable activities is incLJrred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. Page 9
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Accounting policies (continued) 2.3 Expenditure {continued} All expenditure is inclusive of irrecoverable VAT. 2.4 Tanglble flxed assets and depreclatlon Tangible fixed assets costing £500 or more are capilalised 8nd recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Depreciation is charged so as lo allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, Depreciation is provided on the following basis.. Freehold propety 20/0 slraighl line 2.5 Investments Fixed asset investments are a form of financial instrument and are initially recognised al their transaction cost and subsequently measured al fair value al the Balance Sheet dale, unless the value cannot be measured reliably in which case it is messured al cost less impairment. Investment gains and losses, whether realised or unrealised, 8re combined and presented as 'GainsllLossesl on investments, in the Statement of Financial Aclivilies. 2.6 Realised gains and loses All gains and losses are taken lo the statement of financial activities as they arise. Realised gains and losses on investments are calculated as the difference beeen sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference beeen the fair value at the year end and their caryng value. Realised and unrealised investment gains and losses are combined in the Slalement of Financial Activities. 2.7 Taxation The charity is exempt from tax on its charitsble aclivilies. 2.8 Debtors Trade and other debtors are recognised al the settlement amount after any trade discount offered. Prepayments are valued al the amount prepaid nel of any trade discounts due. 2.9 Cash at bank and in hand Cash al bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Page 10
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Accounting policies (continued) 2.10 Liabilities and provisions Liabilities are recognised when there is an obligation al the Balance Sheet dale as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to sellle the debt or the amount il has received as advanced payments for the goods or services it musl provide. Provisions are measured al the best eslim8le of the amounts required to sellle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rale that reflects the risks specific lo the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost. 2.11 Flnanclal Instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured al their selllemenl value. 2.12 Fund accounting General funds are unrestricted funds which are available for use al the discretion of the Trustees in furtherance of the general objectives of the Ch8rity and which have not bean designated for other purposes. Investment income. gains and losses are allocated to the appropriate fund. Page11
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Income from donations and legacies Unrestricted funds 2025 Total funds 2025 Donations Unrestricted funds 2024 Total funds 2024 Donations 8,000 8,000 Investment income Unrestricted funds 2025 Total funds 2025 Investment income from managed portfolio Bank interest receivable 25,557 1,334 25.557 1.334 26,891 26,891 Unreslriclgd funds 2024 Total funds 2024 Investment income from managed portfolio Bank interest receivable 22,740 124 22, 740 t24 22,864 22,864 Page 12
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Investment management costs Unrestricted funds 2025 Total funds 2025 Interest payable and portfolio charges 6,678 6,678 Unreslrictgd fvnds 2024 Total funds 2024 Interest payable and portfolio charges 5,735 5. 735 Analysis of expenditure on charitsble activities Summary by fund type Unrestricted funds 2025 Total 2025 Rates and water 2,299 4,396 1,691 1,846 3,360 6,224 8,373 117 2.299 4.396 1,691 1,846 3.360 6.224 8,373 117 Insurance Light and heat Repairs and maintenan Ministers living expense General mission funding Depreciation Sundry Bank charges Governance costs 60 9,550 60 9.550 37,916 37,916 Page 13
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Analysis of expenditure on charitable activities (continued) Summary by fund type (continued) UnStricted ftinds 2024 Total 2024 Rates and water 1.844 9,537 1,990 5,512 4,460 5,427 14, 121 1,310 1,844 9,537 1,990 5.512 4,460 5,427 14,121 1.310 Insuran Light and heat Repairs and maintenance Minister's living expenses General mission funding Depreciation Governance costs 44,201 44,207 Analysis of expenditure by activities Activities undertaken directly 2025 Support costs 2025 Total funds 2025 Rates and water Insurance 2,299 4,396 1,691 1,846 3,360 6,224 8,373 117 60 2.299 4,396 1,691 1.846 3.360 6,224 ,373 117 60 9,550 Light and heat Repairs and maintenance Ministers living expenses General mission funding Depreciaition Sundry Bank charges Governance costs 9,550 28.366 9,550 37.916 Page 14
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Analysis of expenditure by activities (continued) Activities undertaken directly 2024 Support costs 2024 Total funds 2024 Rates and water 1.844 9,537 1,990 5,572 4.460 5,427 14, 121 1,844 9,537 1,990 5.512 4,460 5,427 14,721 1.310 Insuran Light and heat Repairs and maintenance Ministers living expenses General mission fund Depreciation Governance costs 1,310 42,891 7,310 44,207 Analysis of support costs Governance costs 2025 Total funds 2025 The propagation of the Gospel of Jesus Christ 9,550 9,550 Govemance costs 2024 Total funds 2024 The propagation of the Gospel of Jesus Christ 1.310 1,310 Included in support costs are accountancy fees of £2,400 12024.. £1,080) in respect of the preparation and independent examination of the statutory accounts. Page 15
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Independent examiner's remuneration 2025 2024 Fees payable lo the Charills independent examiner for the independent examination of the Chariws annual accounts 2,400 1,080 Trustees. remuneration and expenses During the year, no Trustees reiVed any remuneration or other benefits (2024 - £NIL). During the year ended 5 April 2025, no Trustee expenses have been incurred {2024 - £NIL). Page 16
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 10. Tangible fixed assets Freehold property Cost At 6 April 2024 Disposals 706,057 1287,3751 At 5 April 2025 418,682 Depreclatlon At 6 April 2024 Charge for the year On disposals 111,698 8,373 {27,0961 At 5 April 2025 92,975 Net book value At 5 April 2025 325,707 At 5 April 2024 594,359 Page 17
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 11. Fixed asset investments Listed investments Market value At 6 April 2024 Additions Disposals Revaluations 702,187 201,798 127,2511 12,4801 At 5 April 2025 874,254 Net book value At 5 April 2025 874,254 At 5 April 2024 702,187 The historical cost at the year end was £697,11112024'. £513,130) 12. Debtors 2025 2024 Due within one year Prepayments and accrued income 1.864 1. 757 1.864 1, 757 13. Creditors: Amounts falling dug within one year 2025 2024 Accruals and deferred income 2,400 1,080 Page 18
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 14. Statement offunds Statement of funds - current year Balance at 6 Aprll 2024 Transfers Inlout Gainsl Balance at 5 {Lossesl Aprll 2025 Income Expendlture Unrestricted funds General Fund Property revaluation reserve 1.008,537 26.891 144,594} 6,753 128.288) 969.299 332,460 16,7531 325,707 1,340,997 26.891 144,5941 128.288) 1.295,006 Statement of funds - prlor year Bal8nce at l Apnl 2023 Gainsl Balance 81 (Losses) 5 April 2024 Income Expenditu Unrestricted funds General Fund Propety revaluation reserve 993, 705 332,460 30.864 (49,936) 33,904 t,008.537 332,460 1,326, 165 30,864 (49,936) 33,904 1,340,997 Property revaluation reserve is based on the 2014 valuation of the properties held less any depreciation. Page 19
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 15. Summary offunds Summary offunds - current year Balance at 6 Aprll 2024 Transfers Inlout Gainsl Balance at 5 {Lossesl Aprll 2025 Income Expendlture General funds 1,340,997 26,891 144,5941 128.2881 1,295,006 Summary offunds - prlor year Balance at l Apnl 2023 Gainsl Balance 81 (Losses) 5 April 2024 Income Expenditure General funds 1,326, 165 30,864 (49, 936) 33,904 1,340,g97 16. Analysis of net assets between funds Analysis of net assets between funds - current year Unrestricted funds 2025 Total funds 2025 Tangible fixed assets Fixed asset investments 325,707 874,254 97,445 12,4001 325,707 874,254 97,445 {2.400) Current assets Creditors due within one year Total 1,295,006 1,295,006 Analysis of net assets between funds - prior year Unrestricted funds 2024 Total funds 2024 Tangible fixed assets Fixed asset investments Current assets Creditors due within one year 594,359 702,187 45.531 (1,080) 594,359 702, 187 45,531 (1,080) Total 1,340,997 1,340,997 Page 20
Docusign Envelope ID.. 86597242-B8C7424C-8715-BC7735704C9F LUCHANA fvIISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 17. Related party transactions There were no related party transactions for the year ended 5th April 2025 or 5th April 2024 that require disclosure. Page 21