REGISTERED CFL4RITI' NU[BER= 241658 RANDS ELEEI¥IOSTr"IY.4R Y AND RANDS NON ECCLESIASTICAL CH.4RITIES TRUSTE£S REPORT Af4D AccouKrs FOR THE TrEAR ENDED3IST DECEMBER2023
IL4N'DS ELEEhlOSI'IYAR)' AND K4NDS liON ECCLESIASTICAL CH.4RITIES IINDEI TO THE A FOR THE I'EAR ENDED 31ST DEC BER ZOZ3 CONTEN Page I] and Athninistraiii'e ITrrorr1On 24 Rewrt ofik Tnjsiees IndepLIHJenl Evminerfs Rewrt Sthtem¢nl ofFitkWKial Aeiii'ilir5 Nok5 to th¢A¢couM5
RANDS ELEElOSYNARy AND IL4NDS NON ECCLESIASTICAL CK4RITIES LECAL AND ADMIINISTRATIVE INFORhlATIOI R THE YEAR ENDED 3Jsr DECEMBER 202J Charii%' nam¢: Rands Elttmosarv and Ran(ts Non Ec¢le5iastical Chariiies ChJritv re8jSIMtiort nutrtbcr. 241658 Charilv address.. Shilcock. Ho 99 Bancrofi Hitchin SG5 INQ TrusteL. larioft Wilsop (Re5iEr*d ?jun-?]) Rosemar%' Gain5ford Ichairtttson) A]thed Co Rek laT). de Salis CaToI Winch Daniels Meoan AllesTrt Barbara Sil%e510n (ApInted Oi-MaT-24) Cle. io Ihc In]siees'. M. Ill. Scaman-Hill {ProvidL•d b¥ John Shilrock IAd) Inde[1dent e.Kaminer. Philip Dean FCA Hi&s Corn Chanered ALLouniants Fi1 FIr. 99 Bancrofi Fliiehin SG5 INQ Barclais Bank Pl.C i16 Hiii Sirttt Hiichin SG5 IBJ
4NDS ELEEfvIOSTrNARY AND 114.NDS NON ECCLESIA¥ficAL REPORT OF THE TRUSTEES FOR THE I'EAR ENDED 3 ST DECENIBER 2023 HARrri£s Fhi Iruste¢5 pf¢sL"ni thiir annu411 T¢P)n ityith the fineLa1 SthLtn)cnts of th¢ chariTr forthe )tzr 3151 DeLYmtK"r ?0?3. Thc Irusttts htsiL adopicd Ihe proi'isions of ALcouniiThg and R¢wTrrting b). CtWili¢s= Statement of Recornrnendtd Praciice applicthle 10 charillts preForing their acLOWlts itt aLn)TdwKr ii.kth the Financial R¢pDrtine Siandard ypplicable in ihe UK and Republic ofireland IFRSIO?) {effe¢LLtrt Isi Jarary 20191 Objtrtive5 rtd Activitie5 Obj¢¢tives and Aims lTh¢ objLXlibes oftht rh4rii!" are io provide hou5¢5 of r for desm.ing D3ti%"es OT residents of the Parishes Of144)ll¢s1. that m4!. noi fil aLcommodaLion and security in the ILN3J communtll SiL iheir particular requir¢5n¢nts and neeth. SkgrtifJe#nt actiYilit5 The ehLTil>'S objeci1v art achte&cd b)" collecline an oceupaiioTwJ charv ITOM the Tcsidcms itriKTr OCCUP). the houses ofrtsi under Ihe conirol ofihe trustLXS. Suih ihaTges arL' ulilised in mJiniainin¢ rip8iring and (olshine ihe hoLLS¢$ 3$ ncLYssary and Ihe rA)ing foT the suprA)rt COS for Tbe (WlClioniThq of Ihe c1w1. Public benefit Th¢ irysiLes hai'e P4iid dui r¢g3rd io Charip. commissio Public Benefii Guidancc and compil¢d li iih sttiion 17151 of ihe ChwiiiES.Act ?01 l in txercisinE iheir rA)iirs and duiie5. aJ)d hait souohi io demonsiraii IhJi Ihe charit! Ll)niinues to proi'ide ¢fits 10 5Uitablt persons iyho relaii dirLYi1 10 ils objeLlrio. The ben¢fits are publicl). aZilable 10 all li' qualifN". AII appliLJiion5 are sthj
IL4NDS ELEE1 I"N.4RY AhT) K4IYDS NONI 4 ECCLESLISTICAL CHARITIES REPORT OF THE TRUSTEES Consideruiion is given 10 the requirL Tneni IrUr LOSts as requir¢d io main)n the prOrneS. therefore having considered th¢ oplions av¥ilable Ihe tru51ees hai¢ io retain an amouni tsf fwK15 ivith John Shilu)ck Lid, in a clients account. &$ a ryir fund and to relain ekce5s fund5 in recognised chariii. ini'e5UDtni funds thai art fairlN' easil!. attessible. The policies adopted bi. Ihe iwstees are sllch inve4 monies ate ¢arefull!' [a ii'ith a loM' risk.. Reserves policy Told funds htld b¥. ch2riL! * 31 ?0?3 £9j4.8981?022.. £901.48?k Resernts are required for.. UneNp¢rl¢d repairs and mainitnance that ¢ould tYeS$an. & an!" time. Chanees in initmal relurbishments as nec¢s&v%'. iiiihin reawn to ate0mme wific OT srttialisi Deed5 ofresident5. Based on Ihe charitys aetii'iti¢5 and tht ofihe propenie5. th¢ tr[eeS aiffl io have rSInc[ed reservLS 10 eoi'er Ihe hisiorical "aludiioft ofthe proTKrti¢5 of £490.Ol and one veals elPJ11Ur¢ The e5rirn&ed a&erage !eari¥" £Kpendiiure is £31.500. AI 31si DeceMy ?0?3, Ihe 5 unrcsiriL(ed llts ii"¢r¢ irb exc¢ss of ihe fe5ervt wlic). Imrt the injsiees consider ihis prudeni a5 iiensures the Lhariti. has s1clen1 T)UrteS io roi'er ihc risks Ofupecied Tcpairs and mainienartee io the protrties. 'fhe ITusle¢5 consider Ihai the pr¢5eni level ofoceupaiional ¢harge5 fTom Te5idents and ini'esimeni in¢ome iogeiher with iesen'es is sulliciern to ensuTe ih¢ PTCS¢Trt charithble xiii'iii¢S ¢an be maintsined and are sufficient io med the objecti%f5 of Ilie charifl.. ili5k managtmtnt The Irusites ¢onlinue lo a55ess and moniiOT th¢ major risks io h1¢h (he¥. considttilK thariN' is ¢%sed pJrti¢ularli' in r¢lation 10 in5urnice, 91105 and finanLe. Sirneture. Col'trnance ad Governiig dotumttht The gL)vemin? d.men1 of th¢ rEisitred clwii! is a xh¢Tne dw¢d 26th Augu51 19?4 and a s¢htme of31si 1979. 11)e charity's Dperaiional dresS Y5 ShilcoL How. 99 BanLYofi. Hiichiry Hens. SG5 INI Q. Oryanisltlonal 5tru£ture The L1. ha5 d tK)ard of trusilL madL' up of1h I'iiareoi'erin? the Holil'ell area thosc #ppKhini¥d ihl parish wuncil and LOpl¢d Irusitts ivho sh[ reside OT tarry on busintss in or near the bth)eficial Thi irusiees meil ? or ? limes p¢r Inut11 are rL'spunsibl¢ for the obj¢diirs &iiiiii¢s of Lknrii¥. All ie irusieL% Lonlrihuie lh¢ rnanaoemini of Ihe Qharil 'rhe Itusiees SUPP)rttd bK & cltrk-. pn)i'ided bN-John Shilc(Kk- Lid: profts51on prortI thli"iser is reSnsIble for. The colleciion of KupatIOnal charge5 ITOM rL%idents. moniiorino Jtxl renIn on iht mainienJnLe and rLV&iirs ri4ulrL in rop¥rL of Ihe pr0tkrtlL LntrOlled b%. Iht Irusiiys. EnsL]ring thai all direill%'<S ofihi IrustLX% ar¢ appropri1. implLinLYLltd. A wliL%'Ot-rce&Llar m¥X"lItiD means lh all ofadrninisiiYiTID ilk" aTL l-ulli rthioi'ed dnd monili)red. Trusites induction and training 11 ImSiiYS iifl laniiliar ii'iih i. ii'ork- i)l-thL lh1% and iniolied in Ik. aLliiiiie5. .,111 ItUSliXS we %i'iih tt LOP!" ol-Ih¢ ChariTh" C"ommissiLthef5 I]e1.. F5s¢niial I rU¢¢- and a LLiPi ol-llii laliS1 linanlial siaiimints io LnhJn¥w itKiT under5undinct ol-IheiT suuioTh" fL5wllsibiliiics. Plans for future periods huu5iS ar¢ i)I'dn that rLpairs and Mtiini¢nan ttbnfflanil% re4UiTLxI w Liitnpli li ith rL51dcn llLYds and relciwii le¥iisllltion. lThi Inisiees ha%e nv 5p¢iilic pl5 oihiy Ihan 10 Lolltinw ih¥ ol-lhi pniwies and &lniinisitt cliariL'ible rL%i)ufLYS 4LS appropriate. espiiiuIIN' ID irnsufi thi PIL)nic% Jri fiWiT¢d. mwnidina and f¢lurbishcd 10 ) WisltiilOn".s13ndJrd Ivr ¢Nis1in and niii re5i&nts. Pag¢ 3
RAND5 ELEENK)SYN.4RV AND PANDS NON ECCLESIASTICAL CHARITI
REPORTOFTHE TRUSTEES
FOR THE I"'E4R ENDED 31ST DECEMBER 20LI
Trn5te¢5
Th¢ Iru5t¢¢s ser%ed during the jearwere:
larion WTlsort {ResIgnL ?¢kJun-73)
R05eTnarv Gsinsford IChwrp¢ryin)
Andrts Cox
Rei. fvlJr> F2ne (k Salis
Carol IllirKh Daniels
Me4an Allekne
BaTbwa Sili'emon {.4ppoinid 0)-M-?41
Stlttment ofTrustees RespoDsibilitie5
The irSiteS are responsibl¢ for prL'paring th¢ R¢p)rt ofik. Trusttts and futsnctal SL7temts in accord'L i%'ith ¥pli¢able
lai% and Uniied KiTrJo om Accounting SLindards {UthiLd Kin8dorn Genernllv Actepicd Accounting Plitt).
The la%%. applicable io rharities in England atk1 Wal¢& the Ciwiiie5 2011. CharÈLV {AcLMTrunts and R4M)rtsl Regul10$ Tr8
and Ihe provisions of th¢ trust (kxil requif¢5 ¢. trustees 10 prerkire fin3claI 51alemeiiis lor Lych fIrWl J'ear ithich gile a tTUt
d lair i'ie¥s olihi Slate of arroiT5 of th¢ Lharii% and of incoming rewurLS dnd aw>liLWiOn5 dre reoUrces, iD¢ludin& the
snivnie ond tlI[r¢ ofiht charii!. for thai tkrithj.
In prnyaring IlKse financial SLllcrnen the trusLees art rLNUiTed .
5eleLt suiiabl¢ accounlint p)Iicie5 and ihen appl! thcm con5isienili."
- obsirle ihe miihod5 and prinLiple5 ID ihe Charili SORP:
- m&ik'e judgeinenis and c5timaii% ihui w¢ atxl pn1"nI=
pr¢pare Ihe financial staiem¢nts on ihe gvin8 ionLLm KlS unltss ii is inappropriatt (o [SUM thJl the LhariD Mill ¢ontinue
I'l)L¥ IrusteL are f>511¢ fur keepino prOr Loulin£ TLXM)nh- ii"hiLh dis¢los¥' ii.iih riwnJbli aiLurJc!' ai an% liTn¢ thc
linJtititil PL)silion ofilK" charii! and 10 cnabli Ihem io eniufi Ihai . finanLial StsiLYnen15 wmpli %%iili ih¢ Chiwili
RANDS ELEEMOSYNARY AND IL4NDS NON ECCLESIAsficAL CHARITIES IliDEPENDENf EXAhllNERS' REPORT TO THE TRUSTEES OF THE CHARITI. OF CHARLES COLLISON FOR THE I"EAR ENDED 31ST DECEfwIBER 2023 Indepedent tTxmintr's rtport to tht trnsttts of Rands Elttnkosyn#ry aad Rods NOD Ettltsiastital Chariti I rert the tru$iees trn m. eXamili0n ofihe finanLittl staiemeftts ofRands Eleemos!Thr¥ and Rands Non Eillesiliel Chariiies lear eoded 31 tkL'ember 20?3. itrhieh are set oui on Paqes 6 to I l. Respo51b11itieS b&$is Df rtport As the chariti's iruslee5 e r¢sponsiblL for t. prewation of the financid staiements in accotdarttt ivith ihe TequiT¢m¢nts of the Ch3riii¥S Aci 2011 I'ihe 2011 Acl,). Hal'ing sat15fitd mi'5elf the firtsincial slat¢rnen orth¢ tharit) ar¢ not iequired io be audi and are eliqibli for indeFendeni eyatninthion. I repon in restKct OFM!" ¢yam110n ofiDW rharits's finanLial sthiemertts &8 LarriLNI oui undeT sttiion 145 0(Ihe ?01 l Act. In carrving oui Tn%" exwnination I ha¥¢ folloM'ed ih¢ opplicable diTeuioE)$ 8iien the Charits Comrni5sion under ststion 14515Xbl of lh¢ 2011 Aci. Independenl txaminer's slaiemtDt I hait compleied m) txaminaiion. I Ix)nfinn Iha¢ maierial rn*ier5 haie come w m%'UEiettiion in wnne¢uon i%"iih Ihe amirhaiion givin¥ me cause klit%e thai in ani material Te5Fta= Loun(in8 rtcords ivere noi in rthptti ofthe Chariib" required bv 5LYtson 130 of ihe ?01 l Ad- or the finanthal stalements do not aLroTrl ib'iih those records: or 3. the rinkLIa] stot¢mtnts do nut compli ii.iih ihe aLwthiiing requiremenis concernino Ihe fon aTrJ coni¢ni oFfinl1 Sidi¢m¢nlS setoul in th¢ Chotiiics (Accounts and RttM)tts) RegultonS ?008 oiK"r ihan anN ttquiremenl that ih¢ financial siat¢menls gi"¢ a'lr and faiT I"i¢ii' iithieh ss 01 a mttter ¢onsidered pan oran tndepthdeni ewninaiion- or 4. th¢ finaniial 51aEeminis hal. noi tK¢n pf¢p4Td accordawe i%iih Iht methrmts principles ofihe SiaiLmtni of Rec0Mendid prllet for olxovntinv and nIng '(harli1¢S lappliL2ble io chaTilie5 preparing Iheir accounis in 8cLrdar iiiih the financial Re[18 Standard applicable in the UK and ReFthliE of Tland IFRS 10?I). I hail no LonLems and hai"e LY)me aLtOS5 no other matiers in conntt(Éon iviih ihe CmInatiOn 10 ii.hich allenlion should be dtaiin irt Ihi5 retx)rt in order io ethle a proKK¥ Urtderstandine oftht linanciaj statLThiints (o EL" rcaehed. CA Charter Loun4in Fir51 FIr. 99 11CrO11 SG) INQ t)Uli.' 17 OLlI)k"r )0?4 Pa£e 5
4NDS ELEEI¥IOSI'NI ARY AND 4NDs NON ECCLESIASTICAL CHARITIES STATEhlENT OF FIN.4Tr4CIAL ACTIVITIES Ilncorpor¥ti4g Income ¥Dd ExptDdttsrt AtttsuDtI FOR THE I'EAR EPIDEDJIST DECENIBER 2023 Vllrtstritted fu#d Restricted rund 2023 To141 20?? lttcome Income from ¢harilable activities: Ik'lupalional charge from rtsidenis t)oNiions lTrve5tment income: Divid¢nd income Inieresi r¢reii¢d Other iNtome= hr intorne Tot•1 income 45J66 210 45.566 210 36.3?4 710 5.886 1?3 1216 52,897 Exptttditllre Cost of raising fund5: Cosis or0illeInB r&ieThi$ coniribjiiorts 5,443 4.44? Expenditure on chgrilgblt activities: ChJriiuble 8eiit'Èiies 25,684 Z5,684 ?6.756 TotRI txptnditu 3l,l27 31.127 31.198 I tt intomt befott trdllsftrs 21.770 21.770 .34) 'rran5fers b¢lw'ten fund5 I tt intome btfore gains and losse5 21.770 21,770 11,34) Other recoglsed gainslllosst51 UnreJlisiQ ouinlllossl on ini'<Slrtienis 11,646 1?3.1901 let rnoi'ement in funds 33.416 33,416 Re¢on¢iliation of funds I'otal liind5 hrouohi fuThi"Jrd 901,48Z 901,482 913.3?7 Toithl funds cArMed forn'ard 934.898 934.898 9Q1.48? s ¥ li) I I fomi pan Ol-lhe lin1¢ 4uieni¢nts. .411 L)l-IhL' dhi)IL' fLsulis Irom LX)nLinuirt¥ 111 iliKS. Thcre ari no oihir rLXOEnik gains Lir I(Trkts tlwn thvx.
114NDS ELEEI%JOSYh'ARI' AhT) RANDS NOIN ECCLESIAsfJcAL CHARITIES BALATr4CESHEET AS AT 31¥r DECEMBER 2023 U•YtMrieted Rtstsitted rulld No 2023 Fixed ass¢t5 l anwble asxts Ini'esiments Totsl fixed assets 490.OIM 187,102 677,If12 490.01)0 187.102 677.102 490,000 17i,4i6 66i,4i6 Currtnt X$5ets tkbtors Cash at bank Total ¢wrreRt assets 11665 25S077 26&742 13,665 254,077 268,742 24.543 215.800 240.343 Current Liabilities Credilors.. ATnounts fallinq due ii'iihin Irar 10.946 10,946 4.317 Nèt rurreTrt a5seis 257.796 257.796 ?36.0)6 P4tt assets 934W8 934.898 901.48? The funds oftht tharit>= UnTL51riCted funds 934398 934398 901.48? The not<s on paoe$ 8 10 1 I fonn rAn of1hE¢ fina1 wiement* The finanLial st(ilementS Ilirc arwied bi. the Floard of Ttt$ on<ckiobtr ?0)4 and liere sieE)ed on ils behaifb%: nith" GaiRsf 'Irusiii Page 7
4NDS ELEE.losyNARl AND RANDS NOP4 ECCLESIAsficAL CH.4RITIES
OTES TOTHE ACCOUliTS
FOR THE YEAR ENDED3IST DECEfvIBER 2023
l. Ob'ectiv
To proNide houses ofrest for d¢s¢ryin8 nutiyrs or residentsof thc pdrith of Holikell.
2. Sttlls nd Basis of Accou•tin
ststlls
The charii!. king a reoistered charii%' is [¢ liabl¢ for lIOn on ofits intrestmeni incomt, nor anN"other8ains Jtriied fmm
ns oui its cknriiabl¢ acLl%ilit
B#$is o18¢counting
Th¢ Financial Sidiern¢nts of the eharin.. ii'hich 15 a public ixn¢fil enijty. under FRSIO? hay¢ prepared in aLrdanLe iiiih
the Charilits SORP IfRS 10?] -Accouniing ttnd Rerting . Ch)rtEiL%= Siaiemeni of Recomtnend¢d Prnciice appliLable 10
harilies preparino Ih¢ir a¥¥x>unts in aciry)rdarKe iiith tht Financial R¢wrtin£ Siandard applicabl¢ in the UK and Republi¢ or
Ireland IFRS 10?) {eft¢clii'e Isl Januan. ?0191'. Fi]tsnLial RerK)rtino Stsndard 101 :The Financial Rep)rtine Siandard
applicable in (hi UK Republic of If¢land- and ihc Chwilits Act ?01 l. The fin2nLial Stsiemen h&ie bt¢rt pri1 ur¥JeT
th¢ hisLOriLYI LX>SI CODI"¢Thlion mthjified to IrKIje prOlld pro[Kl 1% in e¥ciW ol-the carning
alu¢ in lh¢ fin3nLiJ] siaiLJntnis.
Fixed assets ini'estmtnts
Inic>iniinr5 Jf¥ illLliidid ai niarkei i-aluL%.
A¢¢ountiDo
..111 lund% litld bi Ihi chwiii L051)j(k. ILnf¥ITiCl funds aThl ar¢ didildbie lil tK' u%¢J in XXXlr&5rK1. li iih Ihi iliJriiJbl.
objeLII%L'S 1I1'iaLh luTKI w the disLYeiion i)l-Ih¥ I
RANDS ELEENIOSI'NARY AIYD K4IYDS INODI ECCLFSIAsficAL CHARITIES 'OTES TO THE ACCOULYTS FOR THE trEARENDED31ST DECEMBER 2023 SOfEX enditu 2023 ?0?2 Costs ofraising fuffjds: Cost of eoll¢aing occupational charges 5,443 4.44? Expenditu Charitable k¢tivitlts: Repairs and mainiinance Light and hoi Waier rat¢s Ala line Insurance Garden Bank ¢hargt5 Le_eal and professional fces Sundrv penSeS Subscripiions GranL% ond alloii'ances CLoun15 and Independeni ewiip¢I5 ft¢5 Coun¢il lay 1907 14315 1.667 240 lJ16 14.317 1.0?4 240 1.168 7.390 ?0) 1.890 30 187 460 20? 13601 46 196 ,752 948 26,756 Total ¢xptnditur¢ 31,127 31.198 5. TnE5tees' Remurttraiion and Benefits ThLre Il'as no Iru51et5' remunerniion or other b¢n¢fits for the ernknl 31 [kreMr ?0?3 nor lor the ¥ear ended 31 DeL"embu 20?? 6. Com
ratiie5 for tht Sisttnjenl of FiDancial A¢tii'itaes
Llnre5tririril rund Rtstrirted fund 2022 Total Income Intome frorn rharitible *tlii'itie5= OLCUWJtional chareL frvm r¥si&nis DoDJiions Ini'estment income: Dii'idend inLom¢ Initrist r¢Leii Oiher incornt: Oiher inLX)TTI¢ Total income 36.3?J ?10 i.886 1?3 5.886 47.j4j Expenditure Ctsstof raising ftsnds= Costs ot-LoIILilinp rEIden1$ Lwniribuiions E.xpertditure on charilablt arfii'itits= ChlbIl J¢ii%-itli 4.447 4.44? 76.7_i6 ?6.7Th6 Total expenditu 31.198 31.198 tt intOt before trn115ftr5 -i4) I l.j4 P9
RANDS ELEEfvIOSI'N.4RI AND K4NDS NON ECCLESIASTICAL CHARITIES liOTES TO THE ACCOUNTS R THE Y&4R ENDED 31ST DECEMBER 2023 6. Com ratiVe5 for the Statement of Fi#atteil Activities- Contiuu Unre5tritt fuBd Restrided fynd 2022 Totsl Tr#n$ftts beMtt• fuDd5 N¢t incornt before gin5 and 1055¢S Other re¢o#ni5ed gatfislllosses} Unreali%ed1055 on iniesthiint5 l?J.1901 1?3.1901 Net rnovernent in fDnds (11,84)) Re¢onciliwtion of futtds To1 tiind5 brvuohi foTh¥ard 913.3?7 913.3?7 Tot#1 funds trried forward 901.487 901.482 7. Tanoible Fixed A$stts Tot41 Frtthold Properths HistorÉe valuatioTh- Ai Isi lanuan 10?] atld ai 3 Isi tk.¢¥Ynkr ?0?" 490.000 8. Fixed.455tt In%e5tmtts 2023 I lark'et Value ofcoiF Chxrity FDd$ As at ISL IncreaselidtsrasLI in i.d1 As 21315t December 177,446 11.646 187,102 198.6J6 ?3.1901 17i.4i(? 9. Debtors 2023 ?0?? John ShilLuik l.td ¢lienL aLLI)IIS11 oLLl111)nal iharoes in iufLrs PrLpaimL'nis I2,0 ?3.714 8?9 10. Credilors.. Amoullt5 Fallin Due itbin One l-ear 2073 OLIUPJ¢tontsl LhargL% in adian¥ ()Iliir LriYJilors- Ilirk-s ld C'oniimini OihifLteditors- IIRJ l Ori7 laii5 Oihir L T<il0r$- Ilffiniii Il'uter ALLrua15 1.748 1.716 714 360 50) 848 7.7) 10.946 4.317 Pate 10
RAIYDS ELE£10S1"1NARy AND K4IYDS NON ECCLESI.4STICAL CH.4RITIES NOTES TO THE ACCOUNTS FOR THE IEAR ENDED 3Jsr DECEMBER 2023 11. FndS GeDtNI: To reLeiYe (cupational charges from Ttsidents arKI iDI.eSenT itKome. 'ro proiide funds for the collLYiion of CUpa110nal ar the SUPIrt Co5 of ihe chatitv. 'ro mana8e Ihe pft)rrties and tnsure rhJ' ore fulli. in5UTe& mainwned and l(x)ked alia. Ba]anees Isi Januarv ?0?3 Transfer beiiveL'rt futtds BalanL¢S 31st December In%wmeni gain Incoming (hjigoing UrtrestriLied Fund$.' GLr*ral 901,482 901,481 52.897 52M97 ljl.12n 131.127) I 1.646 I 1.646 934,898 934,898 BalaJ¢¢s Isi Januarv Transf beii%'een IndS Balanr¢s 31sl DLxrniber ?0?? Incoming OuiÈosn {bssL%I Unr¢51ricied Fund5= Gcncrnl 913.3?7 913J?7 {31.198 901.48? 901.48? 123.1901 12. Analisis of Assets Liabilitios to Funds N¢i asset5 i Isi DLYcrnbcr ?o?J a55ets: Currini assets Curreni Prorrtrti¢s LlnresiriLied l.-LLndi'. Gentral 490.000 490.0110 187.102 187.102 Z5&077 255,077 13.665 110.9461 110.946 934.898 9J4.898 Nti asseis 31si DeLiinber ?0?? l.iied a$5ets: PrOn5 In%"esim¢ni CuTreDI asseis CurriDI Unr&triiled Fiind5.' G¢ntrol 4g).IMK> 4.000 175.J56 17%456 ?15.8(M) ?li800 ?4.)43 lJJ171 901.48? 901.481 Page 11