Charity number: 265120
THE PALLANT CHARITABLE TRUST
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

THE PALLANT CHARITABLE TRUST
CONTENTS
Page
Reference and administrative details of the Charity. its Trustees and advisers
Trustees. report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
9-19

THE PALLANT CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 5 APRIL 2024
Trustees
Alan John Thurlow
Simon Alistsir Erskine MacFarlane, Chair
Christopher Smylh
Charity reglstered
number
265120
Prlnclpal offlce
CIO Administrative Secretary
The Royal Chantry, Cathedral Cloisters
Canon Lane
Chichester
Wesl Sussex
P019 1PX
Accountants
Donald Reid Limited
1010 Eskdale Road
Winnersh
Wokingham
RG41 5TS
Bankers
Na￿est
66 High Street
Maidenhead
Berkshire
SL6 1QA
Investment Managers
Evelyn Partners Group Limited
45 Gresham Street
London
England
EC2V 7BG
Page 1

THE PALLANT CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 5 APRIL 2024
The Trustees present their annual report together with the financi81 statements of Pallanl Charitable Trust Ilhe
charity) for the year ended 5 April 2024. The Trustees confim that the Annual report and financial statements of
the charity comply with the current statutory requirements, the requirements of the charity's goveming document
and the provisions of the Statement of Recommended Practice ISORPI Accounting and Reporting by
Charities" issued in 2019.
Structure, govemance and management
The Pallant Charitable Trust is a registered charity, number 265120, and is constituted under a Trust deed
dated 2 November 1972.
The principal activity of the charity is to promote mainstream church music in both choral and instrumental form,
in accordance with the policy initiated by the founder.
There have been no changes in the objectives since the18St annual report.
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the
terms of the Trust deed. Although there has been no requiremènt for the appointment of a new Iruslee in the
recent past the Trustees would like to maintain the same or similar number of Trustees as al p￿Sent. Should
any vacancy arise they would seek to recruit a replacement to presetve that balance of18y and profession81
Trustees with 8 P8rticu18r Inte￿$1 in the aims and objectives of the Trust.
Objectives and activities
a. Polieies and objectives
In setting objectives and planning for activities, the Trustees have given due consideration lo general guidance
published by the charity commission relating to public benefiL
b. Activities For achieving objectives
The charity achieves its objective through the activity of providing the capital and income of the Trust Fund to
such charities or for such charitable purposes and in such proportions as the Trustees determine.
c. Grant-making policies
Ineome resources remain fully commilled, the primary aim of the Trust is to support and promote traditional
church music within 8 radius of 50 miles of Chichester. The Trustees are now actively considering one or two
new projects.
Page 2

THE PALLANT CHARITABLE TRUST
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2024
Aehievements and performance
a. Review of activities
The Trustees have maintained their support for Chichester Cathedral's choristers and have begun a project to
restore a church organ belonging to Sl John's Chapel in Chiehesler. In the year to 5 April 2024, Prebendal
School fees lotalling £31,591 (2023." £32,895) were paid during the year, £Nil (2023." £4,250) was paid in relation
lo the Organ Scho18rship, and £193,887 (2023." £55,476) was paid in relation lo St John's Chapel's organ
restoration.
b. Investment policy and perfomianee
During the year incoming resources lotalled £31,417 (2023." £29,913), resources expended tolalled £236,932
(2023." £109, 606) and nèt expenditure after other gains and losses of £176,573 (2023." £87, 136 net
expenditure). As a result the fund balance carried forward al 5 April 2024 was £1,131,782 (2023." £1,308,355).
Financial review
a. Going coneem
After making 8ppropriale enquiries, the Trustees have a ￿aSonable expectation that the Charity has adequate
sources lo continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going eoncem basis in preparing the financial statements. Further details regarding the adoption of the
going concern basis ean be found in the accounting policies.
b. Reserves policy
It is the policy of the charity lo m8inl8in unreslricled funds, which are the free oserves of the charity, at a level
which equates to approximately six months expenditure. This provides sufficient funds to cover management
and administffttion and support costs and to respond to emergency 8pplieations for grants which may 8rise
Unrestricted funds weo maintained al this level throughout the year.
c. Financial risk management objectives and polieies
The Trustees have examined the major strategic, business and operation81 risks which the charity faces and
confirm that systems have been esL9blished to enable regular reports to be produced so that the nècessary
steps can be taken to lessen these risks. The Trustees have identified the primary risk as being 8 financial one
and that professional advisors were employed and regular meetings are held to keep this under review.
Page 3

THE PALLANT CHARITABLE TRUST
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2024
Statement of Trustees. responsibilities
The Trustees are responsible for preparing the Trustees, report and the financial statements in 8ccord8nce with
applic8ble18w and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England & Wales requires the Trustees to prepa￿ financial statements for
each financial which give a true and fair view of the s18te 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 financial
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 statements.,
prepare the financial statements on the going con￿rn 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 lime the financial position of the Charity
and enable them to ensure that the fi'nancial statements 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 tsking reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved by order of the members of the board of Trustees on 4 De￿mber 2024 and signed on their behalf by..
P-F
Alan John Thurlow
Simon Alistsir Erskine MacFarlane
Christopher Smyth
Page 4

THE PALLANT CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED S APRIL 2024
Independent Examiner's Report to the Trustees of The Pallant Charitable Trust {'the Charity'l
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 5 April 2024.
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 I'lhe 2011 ACVI.
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 14515llbl of the 2011 Act.
Page 5

THE PALLANT CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED S APRIL 2024
Independent Examiner's Statement
Your attention is drawn lo the fact that the Charity has prepared the accounts in accordan￿ with Accounting
and Reporting by Charities.. 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
IFRS 1021 in preference lo the Accounting and Reporting by Charities.. Statement of Recommended Practice
issued on 1 April 2005 which is referred lo in the exlanl regulations bul has been withdrawn.
l understand that this has been done in order for the accounts lo provide a true and fair view in accordance with
the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January
2015.
I have completed my examination. I confirm that no matters have come lo my allenlion in connection with the
examination giving me cause lo 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 accounts do not accord with those records", or
the accounts do not comply with the applicable requirements concerning the form and content of
accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair, view which is not a matter considered as part of an independent
examination.
I have no concems and have come across no other matters in eonnection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
ached.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities
IAccounts and Reports) Regulations 2008. My work has been undertaken so that I might stale lo the Charity's
Trustees those mallers l am required to stale lo them in an Independent ex8minerfs report and for no other
purpose. To the fullest extent permitted by law, I do not aeeept or assume responsibility lo anyone other than
the Charity and the Charity's Trustees as a body, for my work or for this report.
09 Dec 2024
Signed..
Dated..
Jacqui Williams
FCA
Donald Reid Limited
1010 Eskdale Road
Winnersh
Wokingham
SL6 1EF
Page 6

THE PALLANT CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED S APRIL 2024
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Investments
31,417
31,417
29.913
Total income
31.417
31.417
29.913
Expendlture on:
Raising funds
Charitable activities
10,626
226.306
10,626
226.306
11,885
97,721
Total expendlture
236.932
236.932
109,606
Net expenditure before net gainsl{losses) on
investments
Nel gainslllossesl on investments
(205.515)
28.942
(205.515)
28.942
(79.693)
(2,043)
Net movement in funds
1176,5731
1176,5731
{81. 736)
Reeoneiliation of funds..
Total funds brought forward
Nel movement in funds
1,308.355
(176.573)
1,308.355
(176.573)
1,390.091
(81, 736)
Total funds carried forward
1,131,782
1,131,782
1,308,355
The notes on pages 9 10 19 form part of these financial slatemenls.
Page 7

THE PALLANT CHARITABLE TRUST
BALANCE SHEET
AS AT 5 APRIL 2024
2024
2023
Note
Fixed assets
Investments
10
1,130,636
1,371.047
1.130.636
1,311,047
Current assets
Debtors
Cash al bank and in hand
14
17.419
19, 138
17.433
19, 138
Creditors.. amounts falling due within one
year
12
116.2871
(21, 830)
Net current assets I liabilites
1.146
(2,692)
Total assets less current liabilities
1.131,782
1,308,355
Net assets excluding pension asset
1,131,782
1,308,355
Total net assets
1,131,782
7,308.355
Charlty funds
Reslricled funds
Unrestricted fvjnds
14
14
1.131.782
1,308,355
Totsl funds
1.131.782
1,308,355
The financial statements were approved and authorised for issue by the Trustees on 04 December 2024 and
signed on their behalf by".
P-fr
Alan John Thurlow
Simon Alistair Erskine MacFarlane
Christopher Smyth
The notes on pages g to 19 form part of these financial statements.
Page 8

THE PALLANT CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2024
Accounting policies
1.1 Basis of preparation of financial ststements
The financial statements have been prepared to give a 'true and fairf view and have departed from
the Charities (Accounts and Reportsl RegLJlalions 2008 only lo the extent required to provide a 'true
and fairf view. This departure has involved following the Charities SORP IFRS 1021 published in
October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended
Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements have been prepared under the historic cost convention with items
recognised al cost or transaction value unless otherwise staled in the relevant notes to these
accounts. The financial statements have been prepared un accordance with the Statement of
Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 Issued on 16 July 2014 and Financial Reporting Standard applicable in the United Kingdom and
Republic of Ireland IFRS 1021 and Charities Act 2011.
The Pallant Charitable Trust meets the definition of a public benefit entity under FRS 102.
1.2 Fund a¢¢ounting
General funds are unrestricted funds which are available for Ljse at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
PLJrp0￿s.
Page 9

THE PALLANT CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2024
Accounting policies Icontinuedl
1.3 Income
All income is recognised once the Charity has entillemenl lo the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
For legacies, enlitlemenl is taken as the eadier of the dale on which either.. the charity is aware that
probate has been granted, the estate has been finalised and notification has been made by the
execulorlsl to the Trust that a distribution will be made, or when a distribution is received from the
estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be
measured reliably and the charity has been notified of the execulorfs intention to make a distribution.
Where legacies have been notified lo the charity, or the charity is aware of the granting of probate,
and the criteria for income recognition have not been mel, then the legacy is Irealed as a contingent
asset and disclosed if material.
Donated servI￿s or facilities are recognised when the charity has control over the item, any
conditions associated with the donated item have been met, the receipt of economic benefit from the
use of the charity of the item is probable and that economic benefit can be measured reliably. In
accordan￿ with the Charities SORP IFRS 1021, the general volunteer lime of the Friends is not
recognised and refer lo the Trustees, report for more information about their conlribulion.
On receipt, donated professional services and facilities are recognised on the basis of the value of
the gift lo the Charity which is the amount il would have been willing lo pay to obtain services or
facilities of equivalent economic benefit on the open market,. a corresponding amount is then
recognised in expenditure in the period of receipt.
Income tax recoverable in relation to donations re￿iVed under Gift Aid or deeds of covenant is
recognised at the lime of the donation.
Income tax recoverable in relation lo investment income is recognised at the lime the investment
income is re￿1Vable.
1.4 Expenditure
Expenditure is recognised On￿ there is a legal or constructive obligation lo transfer economic
benefit lo a third party, il is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is classified by
activity. The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each activity. Direct costs attributable lo a single
activity are allocated directly lo that activity. Shared costs which contribute to more than one activity
and support costs which are not attributable to a single activity are apportioned be￿een those
activities on a basis consislenl with the use of resources. Central staff costs are allocated on the
basis of lime spent, and depreciation charges allocated on the portion of the asset's use.
Governance costs are those incurred in connection with administration of the charity and compliance
with constitutional and statutory requirements.
Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in
trading activities that raise funds.
Charitable activities and Governance costs are costs incurred on the charity's operations, including
support costs and costs relating to the governance of the charity apportioned lo charitable activities.
Page 10

THE PALLANT CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2024
Accounting policies Icontinuedl
1.4 Expenditure {continued)
Grants payable are charged in the year when the offer is made ex￿pt in those cases where the
offer is conditional, such grants being recognised as expenditure when the conditions allaching are
fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as
commitment, bul not accrued as expenditure.
1.5 Investments
Fixed asset investments are a form of financial instrument and are inilialty recognised al their
transaction cost and subsequently measured at fair value al the Balance sheet date, unless fair
value cannot be measured reliably in which case il is measured at cost less impairment. Investment
gains and losses, whether realised or unrealised, are combined and shown in the heading
'GainsllLossesl on investments, in the Statement of financial aclivilies.
1.6 Debtors
Trade and other debtors are recognised at the selllemenl amount after any trade discount offered.
Prepayments are valued al the amount prepaid net of any trade discounts due.
1.7 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short
maturity of three months or less from the dale of acquisition or opening of the deposit or similar
account.
1.8 Liabilities and provisions
Liabilities are recognised when there is an obligation al the Balan￿ sheet date as a result of a past
event, il is probable that a transfer of economic benefit will be required in selllemenl, and the
amount of the settlement can be estimated reliably.
Liabilities are recognised al the amount that the Charity anlicipales il will pay to settle the debt or the
amount il has re￿iVed as advanced payments for the goods or services it musl provide.
Provisions are measured al the best estimate of the amounts required to sellle the obligation. Where
the effect of the lime value of money is material, the provision is based on the present value of those
amounts, discounted al the pre-tax discount rale that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finan￿ cost.
1.9 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
inslrumenls. Basic financial instruments are initially recognised at transaction value and
subsequently measured al their settlement value with the exception of bank loans which are
subsequently measured al amortised cost using the effective interest method.
Page11

THE PALLANT CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2024
Investment income
Unrestricted
funds
2024
Total
funds
2024
Income from listed investments
31,417
31.417
Unrestricted
funds
2023
Total
funds
2023
Income from listed investments
29,913
29,913
Investment management costs
Unrestricted
funds
2024
Total
funds
2024
Investment management fees
10,626
10.626
Unrestricted
funds
2023
Total
funds
2023
Investment management fees
11,885
71,885
Governanee costs
2024
2023
Leg81 and professional fees
5,088
5,100
5,088
5.100
Page 12

THE PALLANT CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2024
Analysis of grants
Grants to
Institutions
2024
Total
funds
2024
Choristers Scholarships and Prebendal school fees
St John's Chapel org8n restoration
31,591
193,887
31.591
193,887
225,478
225.478
Grants lo
Institutions
2023
Total
funds
2023
Choristers Scholarships and Prebendal school fees
st John's Chapel organ resloralion
37, 145
55,476
37.145
55,476
92,621
92,621
Analysis of expenditure on charitsble activities
Summary by fund type
Unrestricted
funds
2024
Total
2024
Expenditure on governan
Choristers Scholarships and Prebendal school fees
St John's Chapel org8n restoration
828
31,591
193,887
828
31.591
193,887
226,306
226.306
Page 13

THE PALLANT CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2024
Analysis of expenditure on charitable activities Icontinuedl
Summary by fund type Icontinuedl
Unrestrictgd
funds
2023
Total
2023
Expenditure on governan
Choristers Scholarships and Prebendal school fees
St John's Chapel organ restoration
5, 100
37, 145
55,476
5,100
37,145
55,476
97, 721
97,721
Anatysis of expenditure by activities
Activities
undertaken
directly
2024
Grant
funding of
activities
2024
Total
funds
2024
Expenditure on goveman
Choristers Scholarships and Prebendal school fees
St John's Chapel organ restoration
828
828
31.591
193,887
31,591
193,887
828
225,478
226.306
Activities
undertaken
directly
2023
G￿nI
funding of
activities
2023
Total
funds
2023
Expenditure on governance
Choristers Scholarships and Prebendal school fees
st John's Chapel organ resloralion
5,100
5,100
37. 145
55,476
37, 145
55,476
5.100
92,621
91,721
Page 14

THE PALLANT CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2024
Independent examiner's remuneration
The independent examinerfs remuneration amounts lo an independent examiner fee of £1,71012023-
£1,554).
Trustees. remuneration and expenses
During the year, no Trustees re￿iVed any remuneration or other benefits (2023- £NIL).
During the year ended 5 April 2024, no Trustee expenses have been incuThed (2023 - £NIL).
10.
Fixed asset investments
Other fixed
Listed
asset
investments investments
Total
Cost or valuation
At 6 April 2023
Additions
Disposals
Revaluats'ons
1,289,456
93,437
1293,3111
37,187
21,591
1,311,047
93,437
1311.0351
37,187
{17.7241
At 5 April 2024
1,126,769
3,867
1,130,636
Net book value
At 5 April 2024
1,126,769
3,867
1,130,636
At 5 April 2023
1.289,456
21,591
1.317,047
Investments at market value comprise:
UK
Overseas
2024
2023
Listed Investments
817,256
3,865
309,513
1,126,769
3,865
1,289,456
21,591
UK cash held on portfolio
821,121
309,513
1,130.634
1,311,047
Total market value
Valuation
Valuations are determined by referen￿ lo readily available market prices of the investments held.
Page 15

THE PALLANT CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2024
Material investments
2024
2023
Link Financial Sol Ltd Trojan Inc
City of London Inv
T Bailey Fund Serv TB Evenlode Income
Blackrock FM
Evenlode INV Management Income
Greencoal UK WIND ORD
United Kingdom 0.250A BDS
Findlay Park FDS American USA
Fundsmilh LLP Equity
Link Fund Sol Ltd Trojan
Guardcap UCITS Fun Global Equity
Goldman Sachs FDS Stg Lqd Reserves
102,151
96,480
185,921
101,864
176,005
68,750
30,185
112,705
82,429
87,892
26,487
55,900
160.984
135,094
222,928
96.899
177. 762
79,850
40,355
91.992
73.468
110,043
25,081
75,000
1.126,769
1,289.456
11. Debtors
2024
2023
Due within one year
Prepayments and accrued income
14
14
12. Creditors: Amounts falling due within one year
2024
2023
Accruals and deferred income
16,287
21.830
Page 16

THE PALLANT CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2024
13.
Financial instruments
2024
2023
Financial assets
Financial assets measured at amortised cost
Financial instruments measured at fair value through income and
expenditure
17,419
19,138
1.130,636
1,311,047
1,148,055
1,330,185
2024
2023
Financial liabilities
Financial liabilities measured at amortised cost
16,287
21,830
Financial assets measured al fair value through income and expenditure comprise of market investments
only.
Financi81 assets measured al amortised Cost comprise of cash.
Financial liabilities measured at 8mortised cost comprise of aceruals.
Page 17

THE PALLANT CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2024
14. Statement of funds
statement of funds - current year
Balance at 6
April 2023
Gainsl Balance at 5
{Lossesl
April 2024
Income Expenditure
Unrestricted funds
General Funds - all funds
1.308.355
31.417
1236.9321
28,942
1,131.782
Statement of funds - prior year
Balan￿ at
6 Apnl 2022
Gains/
Balan￿ at
(Losses) 5 Apnl 2023
Income Expenditure
Unrestricted funds
General Funds - all fvnds
1,390.097
29.913
{199, 606)
(2.043)
1,308.355
15.
Analysis of net assets between funds
Analysis of net assets between funds - current period
Unrestricted
funds
2024
Total
funds
2024
Fixed asset investments
Current assets
Creditors due within one year
1,130,636
17,433
{16,2871
1,130.636
17,433
116,287
Total
1,131,782
1,131.782
Page 18

THE PALLANT CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2024
15. Analysis of net assets between funds {continuedl
Analysis of net assets between funds - prior period
Unreslricled
funds
2023
Total
funds
2023
Fixed asset investments
1,311,047
19, 138
(21, 830)
1,311.047
19,138
(21,830)
Current assets
Creditors due within one year
Totsl
1,308,355
1,308.355
Page 19