KENDAL UNITARIAN
CHAPEL
ANNUAL REPORT 2026

Trustee< repor¢ July 2025-lune 2026
Trustees (202*25) - Hazel Clarke (Chalr), john Campbell (T￿aSuIEr and Properties Manager). Rob
Crompton, Daniel Dyer, Katle Hall, Fred lordan, Holly Middleton. lohn Plckerln& lo Rogers
As thalr. I'd Ilke to thank all the trustees for thelr hard work over the year, and to thank Barbara Duff,
in her role as mlnutes secretary for the trustee&
What do the trustees do7
The trustees have meetln8s about once every two months, at which we dlscuss Items relattng to the
flnances of the chapel, prlmarlly focused on the rent￿ and malntenance of the chapel'5 commerclai
propertles (reports are now glven In person by Pelll and Co. OUT prnperty managers, who attend the
meetlngs). john Campbell, our treasurer and propertles manager, updates us on the chapel's financlal
sltuatlon. We also dlscuss the malntrnance of the chapel building Itself and the manse (whlch Is
currently belng let out). And over the past few years regular reports of the Schoolroom repalrs and
pmgress of fundralslng to pay for them have featured on the agenda. There Is also a regular update
from the mlnlstsr, as well as a report about The Space and conslderatlon of any Issues ratsed by the
ommltte&
Annually the trustees revlew the salarles of the chapel's employees (the mlnlster, treasurerlpropertles
mana8er, caretaker). and the fees pald to organlsts, setvlce leaders. mlnutes secretary and the
authorlsed person at any weddlngs that are held. The fees charged for rltes of passage are also kept
under review. Health & safety and safe8uardln8 Issues, as ￿￿11 as other chapel pollcles (see
norlceboard) are also under the t￿￿tees, remlL
So, thank you to all the trustees - chapel members who are wllllng to glve thelr tlme and ener&y to
keeplng the chapel flnances and bulldlngs stable, and the chapel functlonln8 well. so that the
congregatlon can contlnue to make the chapel thelr splrltual home.
Schoolroom repalrs- fundralslng
Thls year. I'd partlcularly Ilke to mentlon the core group, whlch meets regularly speclfically to look at
ways of ralslng money for the Schoolroom Tepalrs. As well as myself, the group conslsts of Sue
Cockerlll, Rob Crompton and john Campbell. Our work has Involved gettlng to grlps ￿th grant funders
and appllcatlons: and, more recendy. maklng loan applScatlons, whlch has resulted In a loan of
£IOO,000 belng obtalned from NELUM. Thls Is cruclal to the contlnuatlon (and hopefully completlon)
of the Schoolroom repalr and bulldlng work The loan applicatlon arose from the work and
dellberarlons of the group, who have put forward a solld case to NELUM. who we'd Ilke ro thank for thls
loan. And I would Ilke to thank members of the group for all thelr hard work on behalfof the chapel.
And, of course, thanks go to others. Includlng many chapel membets, who have helped wlth
fundralslng and/or made donatlons to the appeal.
Key polnts from the trustees. year
The start of the work on the Schoolroom (at begtnnlng of 2026), lohn's regular Ilalslng wlth the
project manager, and contlnuing fundraising efft)rts
• Repalrs to manse and Its reletttng at an Increased rent
Satlsfled tenanrs and almost full occupancy ofthe commerclal propertles- good. steady income
• The Shambles gettlng mentloned as a Kendal attrartlon and featurlng In town-cenire redevelopment
dlscusslons
• The Instlgatlon of qulnquennlal surveys of the chapel bulldlng
Firmlng up of Safeguardlngpracttces bylolnlng 31.8
• Success of The Space as a communlry and chapel venue

A stacemen¢ on the chapels flnanaal Si￿a￿0￿ a let-propety update andfvrther inforniation on the
Sdioolnx7m RepairAppeol can befvund in the Treasurerfs repo
Hazel Clarke
(chair of trustee5)
Treasurevs Report coverlng the yvar2025
Background hlstory
The Chapel owns a number of bulldings. These indude not onty those wlthln the curtilage of the
Chapel, that is, the Chapel itself and the Sthoolroom. but also commercial properties In Flnkle StreeL
the New Shambles and the Market Pla￿. whid) were bequeathed to us or PUTcha5ed In the 18th
century and are thus all of a considerable age. The lod(-up shops on the west slde of the New Shambles
were ￿buIlt in 1804: the tWO-Storey. double-fronred shop with basement in Finkle Street ts probably
of much earlier origin (though perhaps rebuilt): and the building ar no& 17-21 Market Place is also of
18th-century date. The upper floor. with its lon8 windows. looks as If it was originally an assembty
room. almost ￿rtaInty the historic'caledonlan Roo￿. wheTr the Unitsrian Baptists met in the perlod
1801-1817. The fine stone building at the Chapel entrance. 40 Market Place, with its beautifulty
designed curved sta1r￿e extension at the bacK unfortunately partty hidden by the latsr extension
where the Chapel office ts housed, has long since l￿en COn￿rted for use as a shop but wds bullt 85 the
Manse for Caleb Rotheram the Younger in a￿ut 1780 on 17th-century foundations where there had
previously been a continuous row of shops; a beam In the basement bears the date 1658. There had
been no access to the Chapel from Branthwaite Brow but the ginnel now gave entrance to the Chapel
there for the first tlme. The gates would appear to date from this period: they were restored in 2019
and the sign ab)ve w45 made bj CB Arts of Ulverston and hung in 2022. It IS sometime5 Stated that this
was where Caleb Rotheram the Elder ran the Kendal Aademy (1733-1752) but this is erroneous, not
only because of the d*e but l￿uSe the Academy and Manse were apparendy in FIn￿e StreeL All
these buildings are a signifi(3nt part of Kendal's townscape and herfrage and it ts our responsibTrlity to
IcK)k 8fter them. We are now a member of the Kendal Local Heritage partnershi￿ The Chapel also owns
a latr Vlctorlan house in Nether Street which was occupied from 2006 to 2016 as the Manse. The
Commerci￿ propertles are looked after by our Managlng Agents, Messrs Peill & Co. whilst the house is
looked after by Turner Scott The Chapel previously aIso owned Ralphford (or Ralph Ford) Hall and
yard on Stramongate. now the Masons. Arms. whith was given to the Chapel by Thomas Gibson in
1777. but was sold in 1941. Access to the Chapel was originally ￿ined through that yanl and up steps
leadlng Into the corner of what is now the Multi-Faith Garden of Remembrance. TheTe are hints thar
there were once other Properties. such as Bayley Close. of unknown locatlon on the west side of
Strlcldandgate. but if so they have long passed outof the Chapel'5 possessioiL
Inances
The Chapel's financlal year runs from 01 January until 31 tkcember The Chapel has two current bank
accounts with the Cumberland Bulldlng Society. the Trust Account and the Congregational, or ChapeL
AccounL and a Savings AccounL
TheTrU5tA￿0llnL The balance of the Th￿A¢cOUnt atthe beginning of 2025 was £24.480.23 and the
total income for the year was £121.537.42. Expenditure amounted to £97.039,93. leaving a balance at
the end of theyear of£48.977.72, an increase of£24.497.49.
The account derives its income chiefly from the rent of the Chapel's commercial and residential
properties bu( in response to our appeal for funds to restore the Schoolroom, substantial grants wetp
received from the North and East Lancashlre Unilarian Mission (NELU￿ and the Garfield Weston
Foundation and from several smaller organisations in Cumbria Many private individuals also donated
money as did Unitarian Chapels throughout Great BritaiL As well as all this. the Chapel held numerous
money-raislng events such as cake sales. an open day. and course& Full details of this will be shown
on tables to be distributed at the AGM.

Expenditure from the Trust Account durlng 2025 was concerned prlmarily with the followlng Items..
regular salaries. the restoration of the Schoolroom. payments to HMRC and professional and lesal fees.
Money was also transferred ro the Savings AccounL It should be noted that other running costs and
fees due to our Managins Agents are dedurted before we receive payment of ren
The Congregatlonal or Chapel Account IS Used for the day to day running of the Chapel. The balance
of the account at the beglnnlng of 2025 was £12.877.65 and Income amounted to £21,307.16.
Out8oings were £16,181.29 and the balance at the end of the year was £27.242.41, a rtse of
£14,364.76.
The main single source of income was the regular donatlons from members and friends of the Chapel.
amounting to £11,311.41, plus other donations (including from NELUM) of £9,223.29. Rites of Passage
brought in £4,650.00. GiftAid was claimed where approprtats and amountsd to £5,652.85.
Thts Income helps to maintain the life of this anclent and much loved Chapel. whlch belongs to us all
and plays such an important part not onty In the Ilves of those who attend servlces In person and on
Zoom but also, In nornial clrcumstances. in the life of this town. In previous years we have benefired
from hlrlng out the Schoolroom. That source of Income Ss temporarily unavailable to U5. But several
small groups meet In the Vesty or the Meetin8 Room.
Expendi￿re from the Chapel %count Included the various utilities (energy. tslephones. wasie
colleLtlon etc), cleaning materials. window deanin& prlntlng of postsrs etc. and office supplles. The
annual General Assembly quota of £35 per member also come5 from this account but had already been
paid. Donations amounting to £3.350.00 were made fo tharltles. Includlng Send a Child to Hucklow
(SACH) and to various Kendal and other Cumbrian charities: Manna House, the Tuesday Club for
people with learnlng dlfflcultles. and anlmal welfare group&
The Chapel a]so has a Savlngs Account book wlth the Cumberland. in which at the be8innlng of 2025
there was a sum of £23,472.95. which by the end of the year had rEsen to £35,537.60, an increase of
£12,064.65. The account Is belng used to keep the money raised towards the Testoratlon of the
Schoolroom and It must be statsd that some of it had been money transferred from the other accounts
that had been given for that purpose.
Update to spring 2026
We are fominate to have commercial properties In the town. Our shops are currenty leL apart from
26-28 Finlde StreeL but the propertles are all very old and there is 3 constant need for inspection and
maintsnance. The fornier manse at 4 Nether Street is now in good condition and Is also let The annual
rent from our commercial properties when fully let (but not Includlng Flnkle Street) amounts to
£93,260.00, and from the fornier manse £11.2S6.00.
These increasingly difficutt limes economically and financlally but currently our properties are In
demand Our rents are reasonable, whilst a lot of rents in the town are very hlgh 2nd numerous shops
have dosed. Furtherniore there is an increasing tendency for people to shop onlin& This reduces the
general footfall In the town and we suffer from this. The New Shambles had become very shabby and in
2024 the dedsion was taken to repaint it in heritage colours. The tenants chose the colours, each unit
beRn8 painted in a Ilghr and a dark shade and the ¢olours are repeated down the row. The effect was
immediate and startling and it received much favourable attention from photographers, onllne, and
from 'Cumbria Life. magazine. The New Shambles is now a vlbrdnt shopplng are4 wlth a variety of
shops. The shop at 2&28 Finlde Street Is current]y run as The Space..
At the end of May the balan￿ on our bank accounts was as follows. There v￿S £30.019.39 in the trust
account £24,068.36 in the consre8a¢ional account, and £54.184.91 In the savlngs accounL As well as
the bank accounts, the Chapel has Investments, whlch are looked after by the Charities Aid
Foundation and have a walue of £74,375.7& Flnally rhere Is the small B Thornpson Dr Holme and
Ralph Ford Hall Trust wlth a value of £1.133.17. Incldentally the Dr Holme is he whose portrait hangs
in the Vestry, whllst Ralph Ford (or Ralphford) Hall Is, as mentloned above. the origlnal name of the
Masons, Arms and I have been unable to Identlfy B. Thompson.

It is obvious that the most serious issue facing the Chapel in krnis of finance Is the restoration of the
Schoolroom. It is a Grade11 listed bulldlng and although we have received general consent to proceed
we are subjert to condition5 at all times. In 2025 the gable wall was found to be leanlng outwards and a
report declared it to be unsafe. The upper part has now been demolished and is currently (lune) being
rebullL The next step wlll be to replace the roof In its entlrety as a prelude to removing and rebullding
the ￿llIn& The total remaining cost of this work is currently estlmatsd to be £269.794.46.
considerdbly less than originally estimatsd but thls does not indude the cost of solar panels etc. The
Chapel Trust wlll bear 35 much of the cost as It can and we have raised or recelved a considerable sum
from different sources, Includin8 two re￿llt Incredlbly generous personal donations of £6.000.00 and
£IO.000.00, Recently we applied to the North and East Lancashlre Unltsrlan Mtssion (NELUM) for a
loan of £IOO,000.00; this was approved unanlmousty by delegates at the Annual Genernl Meetlng on
30th May, subjert to cerraln condltlons. We shall contlnue to apply for grants from such bodles as the
Nattonal Churches Trust We have a lot of moral support throughout the country and once the work is
completsd, we shall have a much stron8er and safer bulldln& which will serve our communlty and the
people of Kendal for many years to come.
John Campbell,
9th lune 2026
Mlnlsterfs Report- luly 2025 to June 2026
Thts has been my 7th year In posi as mlnister (part-tlme). My prlmary responslblllty Is maklng sure
that everythlng runs smoothly on a Sunday. l am grateful to Nlck Morrlce for acting as'pulplt secretary,.
At tlmes It Is a luggllng acL We have trled to have a good mlx of Servlce t£aders thls year and I hope
we have got the balance TlghL
Thts year I wlll have taken 17 seDAces. 'In-house' we have been mlnlstered to by Rosle and lan who
have been tralned as L4y Leaders: Catherlne. Rob and Sue C who, Ilke me are OSIF trnlned and
ordalned Interfalth Mlnlsters,. Danlel, Hazel. Helen T. john C and Nlck We have welcomed Unltarlan
SeDAce Leaders- Revs Laura Dobson, Tlna Gandhl (twlce) and Mark Hutchlnson,. Mlnlstry Student Slan
Murray,. Lay Worshlp Leaders Jenlfer Brenner. Anne Mllls, Wllllam West and lulle Wolstsnholme 3nd
GA Presldent Geoff Levermore. We have had lust two Servlce Leaders from 'outside' . Lols Spar15ng
(Angllran) and Mark Radcllffe (Interfalth/An8llcan). In prevlous years I have sald how many servlces
have been led by each person wlthln our consregatlon but It makes It sound Ilke a league table.
Whether you have lust taken your flrst strp up Into the pulplt or are well ar ease there now a bag thank
you for puttlng In all the effort that goes into servlce preparatlon once. twlce, thrlce or four tlmes,
Thankyou to our or8anlsts John C and Clare Mlnglns and to our plantst Nlck and piantst Helen Tremeer
who lolned the team recently followln8 the retlrement of lo Rogers who has been pl4ylng for u5 for
more years than she cares to remember. Thank you to Clare for encouraglng us to slng together for 30
mlnutes on a Wednesday mornlng. We are stlll a small group but we have enjoyed offerlng several
seasonal pleces durlng servlces, We love It when our other musldans play durlng servlces too.
Thank you to those who welcome on the door. 118ht the challce. read make the tel wash up and a
partlcular thanks to those who take re5ponslblllty for the Zoom tech - Frances, Helen T and new
recrult Adrlenne. More volunteers always welcome. l am happy to contlnue dolng the flower5. puttlng
up hymn numbers and gettlng books ready, I can't 80 on the tea rota so please All any gaps you see.
We have now started maklng the first Sunday In the month famlly frtendly thanks to the
encouragement of Debbie Nlcholas who offers craft sesslons. Debble has also worked hard creatln8
lots of chlld frlendly thlngs to do In Chapel durlng serrflces or for vlsltors. She hopes to develop that
mlntsrry. Please slgn up to help wlth the craft sesslons,
A number of us have been bereaved, been very unwell, had accldents or are managing serious or
ongolng health problem& We have struggled to put in place any forn]al pastornl (3re system over the
year& Rob and Catherlne have co-ordlnated thls In re￿nt tlmes but it teTbds ro funrtion very informally.
l am well aware that we do Pray for and look oui for each other. There is often tlme durlng a servlce for
concern5 ro be shared when we Ilght candles of wncern alongslde candles of joy. Thank you to
everyone who take5 the time to offer practical, emotional or spiritual help or just the all Important

ltstenlng ear. lohn is usualty in the Ch4)el Offi￿ Monty to Wednesday (as well as many other times)
and l am usually there on a Thursday.
Rltes of passage - There wlll have been 4 Weddlngs (one with the legal fornialltles being cornpleted
later at the Reglsty Office) and 4 Namlng Ceremonles/Baptlsrns R051e being the olebrant at one. I
am very grateful for all the time lohn C puts in whether acrlng as Auth0ri5ed Person andlor organist or
assistanL I have taken a funeral at Beetham Crematorium where a Unitarian was requested. In April
John took funeral servlw for Chapel member David Birkett who died on 20th March - a ￿remonY in
Chapel for famlly and Chapel people followed by a Celebration of Llfe at Beetham which was tull. In
May he vras a150 asked to be celebrant there at a ￿remOnY for the bullder Sam Roberts who had
connectlons to the Chapel. In November the Chapel wa5 used for a Celebration of the Ilfe of Lee Melllsh.
Thls was conducted ty an outside funeral celebrdnt with lohn and l assistln&
I have representrd the Chapel at NEUIM District meerlngs where possible and pass on Informatlon
ontalned In mallln8S to the t￿￿teeS and/or congre8ailon as appToprf*& In lune l attended a
Tralnlng Day for lay Worshlp Leaders that NEUJM organlsed in conlunrtlon wlth Unltsrlan College.
I have attended UnitarRan tralnlng session5 for Safeguardlng and am a deslgnated 'Lead Recruitsrf
wlth 31..8 enabllng us to submlt DBS checks onlln& I have also been able to attend several Facllltstors
Network meeting&
l attended the GA Annual Meedn8s agaln thts year In my capadty as Mlnlster and vas the Chapel's
delegate alongslde Danlel Dyer (who was attendlng for the flrst tlme).
Durln8 the year I cTrfacllltated several on-llne sesslons - the Soul Deep engagement group course
over 8 weeks whlch severnl Chapel people lolned and tM) Unltarlan Earth splrlt Netwx)rk ￿ther1Th85
- Imbolc and Beltan&
Outslde of our movement I have actended Westmorland & Furness 'Falth Covenanf core meetlngs so
as to Increase our vtslblllty and have been authortsed tt) slgn the Covenant at a ceremony on 1st luly at
the Town Hall.
Thank you to Sue Glll and Hazel who put together our Connertlons newsletter whlch I send out
electronlcally every other Frlday. Thanks to those who have submltted artlcles or photos for incluslon.
It Is now sent out to over 100 people. a few coples are prlnted In the offtce for those not on emall wlth
several belng sent out In the post Donatlons to a)ver the cost of postage are welcomed. l ensure that
there ts a copy of the latest edldon In the folder In the Porch and Danlel puts a Ilnk to It on our webslte.
l always look forward to seelng what ts In the latesr edltton. We will have reached 185.
l also send out a 'Sunday' News from Chapel Coften on a Monday) whlch Includes detslls of that d*s
senAce and notlces for the comlng V￿ek or dares for dlarles. l am also responslble for Soclal Medla
whlch at present Is Ilmlted ro our Facebook page. I have raught myself how to use Eventbrlte to
publlclse events and produce the posters for thaL A copy of the Monthty seThi￿ Poster produced by
lohn Plckerlng ts posted on Facebook and c(wlonally Informatlon abour what ts 80Sng on In the
ChapeL in the wlder Unltarian movementor In The Spa
l am the 'hosV re￿stered wlth the Qulet Garden movement whlth mean5 that I re￿1ve emalls and
occasional Items In the post I have made a folder In whlch to keep a copy of the quartetly newsletter.
We don'r currently orBantse events such &s'Qulet Days. bul john C and l ensure that the gates are open
MOSt days as many In the town. &$ well as vtsltors. regularty slt In the garden durlng lunch breaks and
enjoy the tranqulllty.
A blg thank you to Holly Mlddleton for her vision and ongoin8 commltment to maklng The Space
available for the local community to use. It is an exciting Ventu￿ Thank you to Helen T and Tom
Crosby for doing the Soclal Media and ro everyone who has been involved In or8anlslng one-off sodal
events for the Chapel or one-off or regular ¥tivities anyone ts able to attend Includlng the drop-in
sesslons. We are plannlng ￿ have a Cllmate Cafe there shordy as a follow on from the successful
evenin8 wlth Mike Berners-i*e which Nick organised at the Quaker Meeting House in Aprll. That was
also a fund ralslng event for the Sthoolroo

l am sure there are things and people I have forsotten to mentlon - apologies. Hopefully the Report
shows that we are a thrSvln& if agein& congregation. l am so lookins forward to us being able to make
use of the Schoolroom agaln before too lon& Let US Use it to the full.
Mandy Reynolds
June 2026
Commlttee Report coverlng theyear 2025
The committee exists to ensutl the smooth runnins of rhe chapel. Thts year we had six meetings and
there are six of us on the committee including two trustees. Thls ts not really enoug￿ and I hope that
by the tlme you flnlsh thls repor4 you will considerjoining us.
In eath meetlng we look at weekty responsibilitles such as maklng tea after the service, operatlng
Zoom and the garden. As well as this we look at one-off events such as Mike Berners-Lee's talk and the
forthcoming Climate Day on Suly 26th this year.
Also during th15 past year we have contlnued to Invlte people who have a responslbillty within the
chapel to attend the first part of the meeting to see if we can help In any way. It started with Nlck
Morrlce, the pulpit secretary. last year. Then we invited Clare Mlnglns ro tell us about the Singing
group. Then Debbie Nicholas attended in her role as children's artivities leader. It would be good if
anyone else who has a responsibility within the chapel would come to a meering. We have also set up
tollet twinning and regular charlrable glvlng thls year.
Being on the committee Is not an arduous lo￿ In fact It Is good fun a5 1 thlnk all the committee can
agree. It's for the beneflt of the chapel which we all care about. so please conslder lolnSng. It is better
than any other commlttee I have been on and l think that is because it's for a very good cause - the
chapel.
Rosle Whlting
30th May2026

PAOE
NOTES TO THE ACCOUNTS

It l¥ our respomilxlity tr..
Comm188ion section 145(5Xb) of the Ch&Titi4¥ A¢ I￿1
uld be required in an •xI opinion is given as to whth the attounts
below.
Jon Simon•NorrAS BFP ACA
Kendal
Cumbria LA9 4JB
Date ITl&l Lc

This Y¢or
Logt Y¢ar
30SIQ
20mO
7.720
102
93m3
133.475
l(K).793
43.418
52504
73.262
61200
50
122
10.917
14.036
4.712
3.413
15.629
141136
-9548
T¢thl Iljds wfor%￿d
Total fiu¥]J omied f0Th￿d
09.438
14.036

Tllls Y
Lut Y¢or
Tallgibb
233287
235JOI
1027 401
1020 713
1260M8
1256,014
io
432]2
42.660
Cqth •it•nkalld ill l*nd
11 ￿16
9L028
67ts54
13
14
NET CURR￿ ASSBTS
NET ASSETS
1339 103
1309 438
R¢*iated In¢ome Fw
14.036
325 067
1309 438
Totsl Fun&
Tha pw4 to 8 forni partof thole e¢¢oth
DAt•of Apprwal

applicable in the UK and Repub]Ac of Ireland (FRS 102) issued on 10 J￿Y 2014, And with the
Iir2X with the Clwilies Act 2011.
In pr¢ptizin8 the a¢￿￿nty the bav¢ ¢onsidered wh¢th¢r in applylng the accountin8
policies req1￿red by FRS 102 and the Charities SORP FRS 102 a r¢alat￿t of ¢omparativ¢
i) Recognition of income
These are induded in the stateIne￿ of Flnaocial Acfivitie8 (SOFA) when:
. the monetary value ¢All b¢ wryth sufficient reliability.
Cli) Offsettin8
required or pennitted by the FKS 102 SORP or FRS 101
(iii) Orants and dotiatiODS
Qrants and donations are only io¢luded on the SOFA WI￿ the 5n¢ome re¢ogoition
ctitsri4 are met (5.10 to 5.12 FRS 102 SORP).
(iv) Legacies
Le8a¢ies are included in th¢ SOFA when re¢¢ipt is wobAbl4 th¢ is wlwn there bas l)een
grant of probAt4 the exeartors Im establijhed that there are sufficient in the estat¢
and any conditions amachedtothe lega￿ are eitsthrytbin the control ofth¢¢bwity or have
(v) Tax [￿lmS on doDalion8 ond
Gift Aid re￿1vable is included in In¢ome when there is a valid declaration from the donor.
ADY Oift Aid an￿￿nt recove￿1 on a don&ti(m 1$ ¢O]L8i&red to b¢ port of Ihol 8ift and is
(vi) Incojne from itit* roy￿lieS and dividends
This is in¢luded in the a¢￿￿ots wh¢n receipt is probAbl¢ and the amount rettivable can be
meawred reliably.

(vlii)knvestnHrt gains #nd losxs
(i) ￿Aa￿ wition
(ii)I Creditorn
2.4A
(i) Tangible fixell assets ftr by clmrity
The MaDS¢ is at a Valuati￿ at 31A De￿￿b# 2023 by & Co. KeThlal. It is
Th¢s¢ ate lrt properties inthm1￿ * a vahutioo #t 31A Deeanber 2023 by Peill & Co.
(iii) Debtors

TIMS Y
lasi Y
5.150
30
1ts)fi29
91.194
102
93
Thts Y#r
ia•¢ Y•*r
UnYwtrl¢t•d Rrftrlcted
23M9
17.735
6ffj72
>).873
6245
6fj19
i&S59
3,497
12919
452
17.519
l7(
11.950
Pulpit•wty
I1￿$?
6.7(
227
16J25
1486
7.140
7J70
D￿￿tI(￿(wott7)
O¢oornl4*•ubly m#tsD88
rJ362
61
1878

Thig Ye
Lthty
Equipmeni d¢pTeciatiL
29
36
1.020
3.629
3.016
Gmu wa
45.430
36.921
547
447
The followin8donaliomw¢r• m•d¢ thiiJ8 they¢r¢nded 31•t DK4mber202S...
SLACC
Cbyl
Equipnent Ait¢rAIi
Pkni&
Equipmffj¢ Total
Ass￿ COSTIVALUE
At ilt 2025
3.891
99274
175.(KKJ
3.956
281121
At 31rtDrMllber2025
DEPRECIATION
At i* 2025
J.891
39.119
3810
29
31￿D￿nb￿2o25
At 31* DeoethllY24
235
01
At 31atDeK¢rnb¢r2025
Dwxiation i$provided torat io w11* df Ihe ¢>x of the fixal i#d4l¢8sihiregtiD￿I*a residu￿
*>￿¢he1r¢X[tttsd us¢ful lii*io the followlligb0￿.
2% •trUi￿1 lin¢ b
3￿ strai￿1 lin¢ b¥18
20% reth￿1￿8 bASi9
CompuiwAiiipmeot
PIgDt and equipm￿1

carryin8Vth￿ •t l* j￿ullY 2025
70,713
1,976
950M
Carryin8￿lutI1 31*Doc4mber202S
Thii Y¢•r
Ye
31193
&121
31.998
3,132
7,811
42
Thiiy
Ymr
CAth itBollk •nd in Hth
4&816
This Ye•r
L&* Ye
13,613
14230

2025 under seAioD 144 of the C1w￿e$ Act 2011 fthe awitie8 ￿ andthat on itidepetht
It is our rw)onAhlity to:.
Conllri￿ under 8xtioo 145(SXb) of the Cbariti¢8 A¢
uid be in aD and CQDg4ueDtty DD opinion is giveD &8 to wlth th¢ a¢wunts
ow.
Lynll Garth
Jon SiowTrN¢xris BFP ACA
Date ITIKI Ic