ChArlty reglstratlon number 254711 (EDgl4nd and Wales) UHY MISS RACHEL HERBERT'S CHURCH PARSONAGE & ALMSHOUSE CHARITIES Af4f+lUALREPORT ATr4D UNAUDITED FINANCIAL STATEMKNTS FOR THE YEAR ETr4DED 31 DECEMBER 2025
MISS RACHEL HEBJERT'S CHURCH PARSONAGE & ALIVISHOUSE CHARITIES LEGALAND ADMINISTRATIVE INFORMATION Trustees Mr N Patterson Mr R Smith Rev Canon J F Gray Mr5 E Crawford Rev D C Roberts Mrs O B Bastill¢ Rcv L Ryder Rev Canoll J HarTis (Appointed 6 Mareh 2025) Charity rtumber 2S4711 Prlncipal address 32 Monk Street AbergaY¢nny Monmouthshire United Kingdom NP7 5NW Independent examiner UHY Hacker Young Bradbury House Mission Court Newport Gwent United Kingdom NP20 2DW Bankers National Westminster Bat& PIC 9 High Street Abergav¢nny Monmouthshire United KingdoiD NP7 5SA
MISS RACHEL HERBERT'S CHURCH PAKSONAGE & ALMSHOUSE CHARITIES CONTENrs Pa8e TN5tees report Independent eXnine¥S report Statem¢nt of financial activities Balance sheet Notes to the accounts 6-13
LtrUSS RACHEL HERBERT'S CHURCH PARSONAGK & ALMSHOUSE CHAIUTIES TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Lnjstees present their Teport and accounts for the year ended 31 December 2025. The financial stateinents have been prepared in accordance with th¢ a¢¢ounting policies Set out in the notes to the fInaiicial stat¢ments and comply with the charity's governing docLllnent, the Charities Act 2011 and "A¢counting and Reportiiig by ChariÉies'. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective l January 20191. Ob5ectfves And activities The principal objective of the charity is to provide housing for single ladies aged not 1¢s5 than 55 years. The trustees have paid dll¢ Fegard to guidance issued by the clrItY Coinmi55ion in deciding what activities the ¢harity should undertake. The tnte¢S are aware of the Charity Commission's requircment of Public Benefit. The charity provides public benefit by providing accommodaiion to woixen who are on their own, clderly or mentally irtfIrrLi, and of limited financial nieans. This ¢0inMOdatIOll is supported by a part-time warden who assists the residents to deal with day-to.day problems. The original charity scheme restricted thc class of beneficiaries to ladies residtng in thc an¢ient parishes of Abergavenny, Llantilio Pertholcy and Cwmyoy. By a scheme dated 17 January 2008 thi5 area was extended to the deaneries of Abergavenny, Raglan and Usk which equates to the cUent ministry areas of Abergavenny> North Monmouthshire and the Heart of Monmouthsire. By the same scheme it wa5 provided that the Irustees may in exceptional circunislances appoint a person who lives on outside the area ol benefit but is otherwise qualified. The nuinber of almspeople appointed under this siib-clause must not cx¢e¢d one tliird of the tothl number of altn5p¢ople at any one time. Contributions are made by residents ihough the ainount is le&5 than the average rent for public housing in the aiea. The truste¢s nced contributions from residents bccaus¢ the chRriW5 Other Income is insufficient to cover all its expenditure on administration, a¢couDtancy services and the building and decorative repairs and improvements which are regiilarly carried Ollt io maintain th¢ ¢ightAlmshouses in a satisfaetory eondition. Applications for empluyment by disabled persons are always fully considered, bearing in mind the aptibjdes of the app]icallt eoncemed. tn tbe event of members of staff becoming disabled, every effort 15 made to ensure that their employinent within the ¢liarity ¢ontinues and that the &ppropriate ttaining is arr&ngcd. It 15 the policy of the charity that the training, career development and PToInotion of disabled persoi)s should, as far as possiblc, b¢ id¢ntical to that of otlier einploy¢¢s. A¢hievement$ and p¢rform4nce During th¢ ycar th¢ organi5ation did not carry out any items of major refurbislunent OT upgrade, wliich accouiits for the significantly lower level of expenditure on'repairs and renewals" on page 9. The Charity docs not rely ott fundraising, relying instead on contributions frojn residents and incom¢ from investments. Income from investments aiid the value of the investments has decieased during the year. Flnanclal review It is tlie policy of the clritY that wirestricted Mnds which liave not been designated for a specific use should be maintained at a level equivalent to 12 month's expenditure which is approximately £21,728. Tlie trustees consider tlJat reserves at this level will ensure that, in the event of a significant drop in incoine, they will be able to continu¢ the charity's current aetivities while cot)sideration is giv¢n to ways in which additional funds nvay be raised. This level o reserves has bc¢n maintaincd throughout the year, and the yur closcd with unr¢strictcd &$ of £154,566. The charity maintsins adequate reserves io fimd works mainly associated with redecoration, carried out over a programmed ¢y¢le.
MISS RACHEL HERBERT'S CHURCH PARSONACE & ALMSHOUSE CHARtTIES TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 The principal fvnding source for the org2Dis&tion is that of contributioas r¢ceiYJble for the provision of the accommodation The trustees have assessed thc mojor risk5 to which the ¢harity is exposed. and are satisfied that systems are in place to mitigate exposure to the major risk5. Structhre> EoveroAnce and manAgement The Charity 15 ¢onlrolled by its governing document. a deed of tNst, which is the scheEne of 3 Aprs11883 as varied by th¢ schem¢s of 2 October 1984, 9 June 1903, 7 August 1908, 12 October 1948, 7 May 1975 and 17 January 2008. The trustees who 5erY¢d during th¢ year and up to the date of signature of the financial statements were: Mr N Patterson Mr R Smith Rev Canon J F Gray Mrs E Crawford Rev D C Roberts Mrs O B Bastille Rev L Ryder Rey Canon J Hattis (Appointed 6 March 2025) Tnte¢S are selected by existing Iru51ees to ensure that all of the necessary skills are provided by Éhe ttustees body. UpLin appointment, new trnstees are 8iven infornution and instruction on the responsibilities of a trustee. T]ie cliarity Struciure is made up of an Executive Committee of Tjustees consisting of the vicar ofAbergavenny for the tisne being (ex officio) and up to sev¢n volunt¢¢rs. There ar¢ two designated posts which have main responsibility of the charity's affairs,. these are Cliainnan (this position 1$ held by Rev L Ryder) attd Clerk to the Trustees {this position is held Mr H Candler). The trustees delegate The day-to.day management of the charity to Clerk to the Trustees. The tru5t¢e5 report was approved by th¢ Board of Trustees. Mr R Smith DaÉed: ..281.03.1.2026
MISS RACHEL HERBERTIS CHURCH PARSONAGE & ALMSHOUSE CHARITIES INDEPENDENT EXAMtNER'S REPORT TO THE TRUSTEES OF MISS RACHEL HERBERT'S CHURCH PARSONAGE & ALMSHOUSE CHARITIES I r¢porÉ on the financial statements of the charity for the year ended 31 December 2025, which are set out On page5 4 to 13. Respective responsibilities of trSteeS and examln¢r The charity's trustees are responsible for tlie preparation of the financial statements. The ¢Irity'S trustees consider that an audii is not required for this year under section 144(21 of the Charities Act 2011 {the 2011 Act) and that an independent examination is needed. It is my responsibility to.. (i) examine the financial statements und¢r section 145 of the 2011 Act,. (li) to follow the procedures laid down irt the general Directions given by the Charity Commission under section 145(5){b} of the 2011 Act- and (iii) io state whether particular matt¢r5 have come to my attcntion. Basis of indepeDdent examiner's report Jndependcnt examlncr's stAt¢m¢nt Your aitention is drawn to the fact that the eharity has prepared financial statements sn accordance with Accounting and reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preferen¢e to the Accounting and Reporting by Charities.. Statement of Recomjnended Prd¢ti¢e issucd ot) l April 2005 which is referred to in th¢ extant regulations but has now been withdrawii. l understand tliat this has been done in order for the financial statements to provide a trne and Fair VEew in accordance with Generally Accepted Aecountittg Practice effective forreporting period5 beginning on or after l January 2015. In Connection wfftth my examinatio llo other matt¢r exeept that referr¢d to in the previous paragraph has Come to my attention.. IR) which gives me Tusonable cause to believe that in any nterial TCSPC¢t th¢ requirements.. to keep aecounting records in accordance with section 130 of the 2011 A¢t; and (li) to prepare financial statements which accord with the accounting records and comply with the accounting requirement5 of the 2011 A¢¢ have not been tnet or (b) to which, in iny opinion, attelltion should b¢ drawn in order to enable a proper understanding of the financial stst¢ments to bc reaclied. UHY UHY Hackeryoung Chartered Aceountsnfs Bradbury House Mission Court Newport Gw¢nt NP20 2DW United Kingdom Dated: 80'1'03"1'2026
MISS RACHEL HERBERT'S CHURCH PARSONACE & ALLIISHOUSE CHARITIES STATEMENT OF FINAfqciALACTIViTIES Ir4cLIIDtNG INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR Ef4DED 31 DECEMBER 2025 Uttrestrficted Restrlcted funds fund$ 2025 2025 Total UnTQStrlcted Restricted funds funds 2024 2024 Total 2025 2024 Not In¢om¢ from: Charitable activities Inv¢stments 36,935 2,405 36,935 2,405 34,398 3,912 34,398 3,912 Tot#1 ineome 39,340 39.340 38,310 38,310 Expendltllre on". Charitable activities 21,728 1.755 23,483 27.653 1.755 29.408 Tot81 expenditure 21,728 1,755 23,483 27,653 1,755 29,408 Net gainsloossesl on investsnents (990} (990) 2,022 2,022 Net incomellexpenditure) and movement in fulld5 17.612 (2,745) 14.867 10,657 267 10,924 Re¢ooeiiiation of fund5: Fund bdlances at l January 2025 136.954 15,145 152.099 l26,297 14,878 41,175 Fund bklances at 31 December 2025 154.566 12,400 166,966 136,954 15.145 152,099 The 5tat¢ment of financial activities includes all gains and loss¢$ recogni5¢d in the y¢2r. All incom¢ and expendifure deTive from continuing activities.
MISS JLICHEL HERBERT'S CHURCH PARSONAGE & ALMSHOUSE CHARITIES BALANCE SHEET AS AT3J DECEMBER2025 2025 2024 Notes Fixed a$sets Tangible assets Investtnents 4,530 71,222 9,061 72,212 12 75,752 81,273 Current assets Debtois Cash at baT]k and in hand 13 2,352 90,668 2.536 71,176 93,020 73,712 Creditor5: amount$ falling due ivlthln one year Other creditors 14 1,806 2,886 Net current assets 91,214 70,826 Total assets less current IlAbllltle% 166,966 152,099 The funds of the eharity Restricted income funds Unresti'icted funds 15 16 12.40 154.566 15,145 136.954 166,966 152,099 2810312026 The financial $tat¢ments were approved by the trust¢4s on ......................... Mr R Smith
MISS BACHEL HERBERTIS CHURCH PARsof4AGE & ALMSHOUSE CHARITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng pollcles Charity ittformation Mis5 Rachel Herbert's Church Parsonage & Almshouse Charities is an Ullincorporated charity. 1.1 Basls of prepAratlon The accounts hav¢ been prepared in accordAll¢e with th¢ charity'5 governing docuinent. th¢ Charities Act 20II and "Accounting and Reporting by Charities.. Statement of Reconllnended Practice applicablc to charities preparing their accounts in accordan¢e with th¢ Financial Reporting Staudard applicable in the UK and R¢public of Ireland (FRS 102)" {as amended for accounting periods commencing frotn l January 2016). The eharity is a Public Bcnefit Entity as defined by FRS 102. The charity has taken advantage of the provisions ill the SORP for ¢haTEties applying FRS 102 Update Bulletin I ot to pr¢pare a Statem¢nt of Cash Flows. The financial statements have depart¢d from the ChaTlties {Accounts and R¢ports) Regulations 2008 only to the extent required to provide a tjue and fair view. This departure has involved following the Stat¢m¢nt of Recommended Prdctice for oharities applying FRS 102 lather tharl the version of the Statement of RKommended Practice which is referred to in ¢ILe Regulations bui which has sinc¢ been withdrawn. Th¢ fillancial statements are prepared iu sterling) which is the fvnctiottal cU¢¢Y of the Charity. Mon¢tary wnounts in these financi81 statements are rounded to the neaT¢St £. The COuntS have been prepar¢d under th¢ historical co$t convention. The principal accounting po]ici¢s adopted are set out below. 1.2 Coitlg eoncer At the time of approvino the financial statern¢nts, the tryttes have a reasonable expectation that the charity has adequate resources to rontinue in operational ¢xistence for the foreseeable tUre. Thus the tmstees continue to adopt the going con¢em basis of accounting in preparing the fjllancial statements. 1.3 Ch8ritAble furtds Unrestri¢l¢d funds are available for use at the discretion of Éhe tNstees in furtheran¢¢ of their charitable objectives. Restricted funds are subject to Specific conditions by donors or graniors as to how they may be used. The Purposes and uS of tlie re5tricied funds ate set out in the notes to the financial statements. 1.4 Income Incon1¢ 15 recognised when the Chattty is legally entitled to it after any perforniance conditions have been mei the amounts can be me&%ured reliably, and it is probable that Income will be received. Cash donations are recognised on receipt. Other donations are recognised onc¢ the charity has been notified of tbe donation, unless performance condition5 requi deferral olthe amount.
MISS RACHEL HERBERT'S CHURCH PARSONACE & ALMSHOUSE CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THEYEAR EINDED 31 DECEMBER 2025 Accounting policie5 (Continued) 1.5 Expenditure Expenditure 18 recognised once there is a legal or constructive obligation to transfer economic benefit to a third party. it is probabl¢ that a trdnsfer of economic benefits will be required in settlement, and the amount of the obligation can be measurcd reliably. Expenditure is classified by activity. The costs of Vdch activity are made up of the total of direct ¢ost5 and shared costs, including support costs involved in undertakiiig each activity. Direct costs attributsble to a single activity are allocated direcily to that a¢tivity. Shar¢d costs which conttibute to more than one activity and suwort costs whi¢h ar¢ llot attributable to a single #¢tiYity ar¢ apportioned between Ib05e activities on a basis consistent with the usc of resources. Ceiitral staff eosts are allo¢ated on th¢ basis of lime spent, and depreciation charges are allocated oil the portion of the asset's Use. Liabilitie5 are Tecognised as expenditure as soon as there is a legal or eonstruetive obligation committing the charity to that expenditure, IL is probable that a transfer ofeconomic benefits Ivill be required tll Settlement and the arnount of the obligation Can be mvdsur¢d r¢liably. Expenditure is accounted for on an accnials basis and has be¢n classified under heading5 tliat aggregate all costs related to the category. Where costs cannot be directly attribut¢d to particular headings tliey have been allocated to activities on a basis consistent with the use of resources. 1.6 Tanglble fixed assets Tangible fixed assets are mebsllred at ¢ost, net of depreciation and any impairnient108ses. Depreciation is recognised so as to WTlt¢ off th¢ cost or valuation of assets les5 their residual values over their use1 lives on the followillg bases.. Freehold land ond buildings 40/0 on cost 1.7 Fixed asset investments Fixed Asset investments are itjitially measured at transaction price exclllding transaction costs. Listed fixed asset investments are.sub8equa)tly measured at fair valut at each reportittg date. Change5 in fair value are recognised in net incomel(expenditure) for the year. TransactLon costs are expensed as incurred. 1.8 FlnAnelAI Instruments The charity has elected to apply the provisions of Sectioii I I 'Ba$ic Finan¢ial Instrninents, and Section 12 '0ther Financial Instnllnents Issues. of FRS 102 to all of its financial Instrments. FiDan¢ial instruinents #re recogntsed in the charity'5 balance Sheet when the charity becomes party lo the contractual provisions of the instrument. Financial assets and liabilities ar¢ offsct, with the nct amounts presented in the financial statements, wlien there is a legally enforceable right to set off the recognised amounts and tliere is an intwltion to settle orA a net basis or to rcalisc the asseÉ and settle the liability simultaneously. Debtors and Creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any 10sse5 arising from impairnicnt aro rccognised in the profit and loss account in oiher administrattve expen8es. 1.9 Taxation The charity is exetnpt from tax on Tts charitable activities. 1.10 Employee bellefits The ¢¢)st of any unused holÉday entitlement is recogni$¢d in the period in which th¢ employee's services are re¢¢ived.
MISS IL4CHEL HERBERT'S CHURCH PARSONAGE & ALMSHOUSE CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTJNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Income from charAt#ble %ctiviti¢s Unre5trlcted funds 2025 Unre$trleted funds 2024 Cbaritable iucome Charitable rental income 36,935 34.398 IDvestments 2025 2024 Listed fixed asS¢t investwnts Other fixed ass¢È investments Intere51 receivable 749 ,633 23 714 1,588 1,610 2.405 3,912
MISS RACHEL HERBERT'S CHURCH PARSONAGE & ALMSHOUSE CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ETr4DED 31 DECEMBER 2025 Expenditure on tbaritable gctlvlt5es Chgrltable expendlture 2025 Charitable expenditure 2024 Direct costs Staff costs Depreciation and impaimient Rent rates and water IDsura]3ce Siindries Repaits and renewals Light and ht Telephone Printing and ststiottery 8,351 4,531 4,702 1,369 378 ,878 65 323 37 9,689 4,531 3,861 1,381 608 5,794 319 362 58 21,634 26,603 Share of 8iIpport and govern4nee costs (see note S) GovernunLe 1,849 2,805 23,483 29,408 Analysis by Cund Unrestrieted ndS Restricted funds 21,728 1,755 27,653 1,755 23,483 29.408 Support eosts Support ¢o$ts Governance costs 2025 2024 BASIS of allocAtIo Independent ¢xamirAationi": fees Legal and professional Govemanee 1,809 40 1,809 40 ,817 988 Gov¢rnance 1,849 1,849 2,805 Analysed between Charitable activities 1,849 1.849 2,805
Ok 'sosothnd gIqEITJB4J JOJ lIddE ST ?tuo)U! SJI IIE 95nE?aq S?Tl!A!J?B SJ! UO UOlJfXW tuoJJ Jdw?x? s! AJuEUg ¥41 UOIIBXEI 01 zio'z (0661 sIU59AUIs0 eniEA Je4JEiU U! (eSEaI%P)psEgJ#ui zoz szoz SIIIOIUI50AUI uo (sas$oOi511iv? i•NuosAad iu?Wa3BuB Aa¥ Jo uouvJaMnuta .000,093 UYUJ aUT SVM uo!Jxv4unuvJJ IEnuuE gsoyth sèaAoidtU# OU •J•At '508eth Irnse) oj aiElal SJSW •AOqE •IIL 689.6 Ig£'8 S?TJEIES PUE s?8E zoz szoz so) iuawAoidTU JaqwnN STOI zoz SPM JEaA èyi 8uunp sgèAoidwa Jo iaqumu Aiujuow aSeJaAt #HI AA aw ?u!Jnp K3UE4J UtoJJ siijèuèq Jo uoiiei?unw?J Au? paAl?) (w?IP 431 IXla?uuoa suosJ¥d AUE io) saajsnu auj JO #UON saaisn S7?SSE Paj 31q!SU p?IihtOIO UOIJB!)d?a SJU?iU?IElS If!OtreuiJ S,U? guiJo uo!iEU!UIBX? iuapifddèpui èyi 103 èIqEAEd sa? L18'1 608,1 (8uT.1rp0)fflUl%JBll9 J?UE paiBJS ST SPUIY UT I#0U[ 12U •UL oz szoz spunj UT JuawaAOiU Jahl szoz T£ a3aNll ItV3A TrIO (a[0) ivI)hlVNIJ SSION sSILlvH) ssnoHSNqV ¥ HgVNosxva H)IlnH) S,li11Tll qSH)Vll SSIt41
LL 988, 908,1 •tUO2UT PWJJèP PUE SIEILI?gV tZOZ J#èA aTEO uiuiw anp 3u!IiYJ sJoi!paJ3 Jauio [ 9£5'1 51,1 atUO?UT P3TUJ)B PUB 9JU•tuAedwd JYJA auo uiqi!A Jnp 4UllOUTV pzoz zoz sjoiqèa £1 Lfr8'g S9E'91 trEQE J•qUI?J?a i E Iv Ltr8'SS 59£'91 * gEOZ JgqUI???ct I [ Iv Ltr8'55 9£.91 szol J0qw3a 11 T SEOE ellUEr i Jy UOIIYDIEA JO 1$0) SJU?IUIS?Aii! Isiiu SIUaUllSaAII! Pal51q IEIOI u3u1)Al1T )aSSE PaXIA ZI 190,6 trioz Jaqtu?g?a i £ Jv 0£5'tr EOZ JèqUI?g?a I i )v trtrL'801 sEoI Jaqui¥Ja [( )v JB¥A oui u! pa8JE4) uoiiw?wd2a sloz KtEllUEf l IV iu)wJi¥dw! PUV UOyE!aaJdaa £iz'tro I OZ J#qUT?Na i£ Jv *LI'II I sioz KJEnuE[ I JV Jso) sÉuipi!nq $5E paxii ?Iq!IuYi IT SIIIZ T£ 110 (a&nNIINO)) H1 01 S310 sgiitllVH) SSAOHSNqV V Hv10s1[Va H)XnH) S,I?ISgH SSI
MISS RACHEL HERBERT'S CHURCH PARSONAGE & ALMSHOUSE CHAIUTIES NOTES TO THE FINANCIAL STATEMENTS {CONTINUID) FOR THE YEAR ENDED 31 DECElWtBER 2025 15 Restrlct¢d funds The restricted funds of th¢ charity comprise the unexpended balances of donations and grants held on trust subject to specific condition5 by donors as to ILOW they tnay be used. At l January 2025 Resources expended G4in5 #nd losses At31 December 2025 Investment5 Cyclical Maintenance Reserve NAW Repair Grdnt 6J70 1,477 7,298 {990) 5,380 1,183 5,837 {294) (1.461) 15,145 (1.755) (990) 12,400 Previous yegr: At l January 2024 Res&urces espended Gains and losses Ai31 December 2024 Investments 4 Cyclical Mailltenanee Reserve NAW Repair Grant 4,348 1,771 8,759 2.022 6.370 1,477 7,298 (294) 11,461) 14,878 {1.755} 2,022 15,145 tnvestments- gainl{10ss) recognised on inv¢stm¢nts during tbe year. Cy¢lT¢al Maintenance Reserve- funding rw¢iv¢d as a coiitiibutioii to repaTrs on Almshouse. NAW Repair Grant- funding reeeived as a contribution to repairs on Alnuhou8¢. 16 Unrestrieted funds Th¢ unrestiicted fund5 of thc charity comprise ihe unexpended balances of donatioll5 arjd grants which are not subject to specific conditions by donors and grantors as to how tbey may be used. These include designated funds which have been se¢ asidc out of unr¢stri¢ted fvnds by the trustees for specific purposes. At l January 2025 Incoming resources Resour¢e$ expended At31 December 2025 General funds 136.954 39,340 (21.728) 154,566 12-
MISS RACHEL HERBERT'S CHURCH PARSONAGE & ALMSHOUSE CHAIUTIES NOTES TO THE FINANCIAL STATEMENTS (CONTJNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 16 Unrestricted funds (Collthiucd) Preylous year: At l January 2024 Incoming resources Resources expended At31 December 2024 GeneTal funds 126,297 38,310 (27,653) 136,954 17 An•ly$is of net assets bctiveen funds Unrestrleted funds 202S Restrieted fund5 2025 Total 202S At31 December 2025: Tangible assets Investments Current assetsl{liabilities) (2,490) 65,842 91.214 7,020 5,380 4,530 71,222 91,214 154,566 12,400 166,966 Unrestricted funds 2024 Restricted fund5 2024 Total 2024 At 31 December 21124: Tangible assets Investments Curreiit &%setsl(1sabilities) 286 65,842 70,826 8.775 6,370 9,061 72.212 70,826 136,954 15,145 152.099 18 Related party tr#n5actlons There w¢iE no disclosable related party transactions during the year {2024- noiie). 13-