The Spurrell Charltable Trust Icharity RegiStratn Number.. 267287} Accounts for the year ended 5th Aprll 2024 Office Copy Raihhont ntLri CoMpwlJiwiRd
The Spurrell Charitable Trust Accounts for the year ended 5th April 2024 Index Page Trustees, Annual Report Independent Examinevs Report Statement of Financial Activities Balance Sheet 9-15 Notes to the Accounts
The Spurrell Charltable Trust Accounts for the year ended 5th AprlS 2024 Trustees, Annual Re ort The Trustees of the Spurrell Charitable Trust have pleasure in submitting their Annual Repcrt and Financial Statements in respect of the year ended 5th April 2024. Objectlve8 and ACvItIeS of the Charlty In accordance wth the Chanty's governing document, the Trustees have complete discretion over the application of the capital and income funds of the Trust towards wholly charitable purposes or institution5, including the founding thereof. To further the Charrf(y's purwse5 for the public benefit, the Trustees make grants and aim to distribute nel annual income arisirsg. The Trustees meet annually to consider and agree donations to be made. The Trustees hold Unrestricted Funds and go all funds are available to meet the charity's objectives. The Charity's incoming resources are mainly generated by its investment assets and fund raising activities are not normally carried out. The Trustees confinn that there have been no changes lo Ihe charity's objective8 during the year. Grant makin The Gharily supports registered UK charities only. The trustees will not consider applIcatnS from Community Intere51 Companies, not-for-profrt organisations or from individuals seeking sponsorship for educational and research travel or fund raising. The Trustees consider appli¢ation5 from national charitie5. including Scotland if they operate across the UK. The Trustees have resolved to give preference to purposes and organisations in the County of Norfolk. The Trust supports a wKle range of charities but aims to address the root cause of problems, rather than provide funding towards projects focussing on after care services such as counselling All applications which meet the criteria listed will be considered at the annual trustee meeting in September. Successful applicants are paid by bank transfer shortSy thereafter. No correspondence wll be entered into Unsuc$$ful applicants should not re-apply for a minimum of 2 years. Grants awarded are usually in the sum of £1,000. Larger grants are only made for charities in the following circumstances.. Those which a current trustee ha5 Klentified and all trustees are in agreement wlh. Those which align with the original wishes of our benefactor .
The Spurrell Charltable Trust Accounts for the year gnded 5th April 2024 Trustees, Annual Report Achlevements and Performance Grants During the year grants were made to 39 organisations (40 in 20231 lotalling £91.000 {£98.500 in 20231- A list of the donations made is shown within the notes to these accounts. The Trustees are pleased lo have met with their i)bjeclive to donate the majority of net income received during the year. The Trustees also donated unrestricted capital funds. The Trustees confirm they complied with the duly in s17151 of the Charities Act 2011 to have due regard to the Charity Commission's Public Benefit guidance when exercising any relevant powers or duties, including reviewing the Trust's aims and objectives and in planning future activities and selling the grant making policy. Investments.. The performance of the fund is monitored a3ain5t a bespoke benchmark agreed by the Trustees annual. The Investment Manager provides regular reports to the Trustees, who review the performance of the The Trustees have established a Policy Statement, which is referenced when reviews are carried out. Financial Review Income from investments totalled £82,2281£89,363 in 20231 wth £12,882 {£12,762 in 2023) being used to generate such funds. Expenditure on ¢harrtable activities tolalled £96.999 (£99,774 in 2023). Net investment gains tolalled £127,359 (£117,082 losses in 20231 resuIng in a nel increase in funds for the year of £99,706 {£140,255 decrease in 20231. As at the financial year-end the Tru51ees held £3,183,840 of funds, compared with £3,084,134 a8 al 5th April 2023. All funds remained available for use at the Trustees, discretion. Imenls an Investment Policies.. The value of the Trusvs investment portfolio as at the financial year-end tolalled £3,130,099 an increase from £2,981.524 a8 at 5th April 2023. The Trust's capital is invested in marketable investmen15 or held in cash. There are no specific restrictions under the governing deed. Their objectives are to secure a reasonable growth in income consistent wf(h the long lerm preseTvalion of capital in real terms. The objectives are reviewed annually. The Trustees wsh to ensure that the objectives outlined above are achieved wth an acceptable risk. This implies the need for diversification of investment of the Trust to include a range of assets, including fixed interest stocks, UK and overseas shares. Investments comprise holding5 in UK, large overseas listed companies, unit and investment trusts, including those investing in major international markets and also fixed interest securities. The portfolio can therefore include a proportion of medium-sized or smaller UK companies and has exposure to international markets.
The Spurr¢ll Charitable Trust A¢¢ounts for the year onded 5th Aprll 2024 Trustees. Annual Report Assets have been acquired and disposed of in accordance wth the powers available to the Trustees. The Trustees operate within the constraints applying to trusts governed by the Trustee Act 2000. The Trustees have reviewed the performance of the investments during the year and consider it to be satisfactory. Reserves The investments provide a relatively secure and predictable stream of income from which grants are made. The Trustees aim lo distribute a large percentage of income, net of expenses, in each financial year and therefore do not maintain a specific level of income reserves. The level of Unrestricted Funds held as free reserves is reviewed by the Trustees at their meetings to ensure they are able lo meet with their current objecb'ves. The charity had no long-term commitments as at the Balance Sheet date. Structurey governanGg and management The Spurrell Charitable Trust (registration no.- 267287) is an unincorporated trust created by Mrs G. V. K. Spurrell. Ils governing body are the Trustees of a Deed dated 6th April 1960. The power of appointin9 new Trustees is vested in the then ¢urrent Trustees. Twstee5 are selected due lo their connection with the current Trustees in accordance with their skills, experience and understanding of the obligations imposed on such an appointment. The Trustees meet al least annually to rewew investment performance, in¢ome levels, applications for funding and the financial statements. No fund raising is undertaken lo support the work of the charity but it has the right lo accept donations. The Trustees ensure they are operating within the Cufrenl guidelines by discussing any mallers arising from updated Charity Commission practice and guidelines and, along wth their own reading, they take advi from Rathbones Trust Company Ltd. Risk assessment.. The Charity Trustees have given consideration to the major risks lo which the charity is exposed and are satisfied that systems or procedures have been established in order to manage those risks. After considering the areas of governance, operational, financial, environmental and compliance the Trustees have identified that major negative fluctuations in investment assets could cause a material risk lo the Charity's funds. In order to mitigate this risk and in accordance wth s15 Trustee Act 2000 the TTuslees have agreed investment policies lo be adhered to the Investment Manager. A Policy statement is in place and is reviewed at least once a year in line with investment [erforman.
The Spurrell Charitable Trust Accounts for the yèar ended 5th April 2024 Trustees. Annual Report Referonce and administrative details of th¢ Charlty. its Trustees and Advlsors Registered Number.. 267287 Principal Address.. Harefie1ds, Winslow Ro&J, Little Horwood, Milton Keynes, MK17 OPD Trustees who served during the year.. Mrs. Inge H. Spurrell Mr. Matyn R. Spurrell Mr. Christopher J Spurrell Secretary Adminislralor- Mrs Shirley spUell Accountancy.. Rathbones Trust Company Ltd Independent Examiner.. KeTry Roberts TEP FMAAT MCSI Bankers and Investment Managers: Ralhbones Investment Management CAF Plans for the future The Trust*s continue to monitor investment movements and income levels and are satisfied at the time of signing the report that they hold sufficient funds to meet wth their future objectives, which are to continue considering applications for funding received each year and making distributn8 of income or capital al their discretion. Statemènt of Trustees, responsibilltle5 for the annual accounts The Trustees are responsible for preparing a Trustees. Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. The law applicable to charities in England and Wales requires the Trustees lo prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the charity and of the incorning resources and application of resources of the charity for that year. In preparing these financial s18temenls, the Trustees are required to.. select suitable accounting poli8 and then apply them consistently.. observe the methods and principles in the Charities SORP IFRS 1021., make judgements and eslimales that are reasonable and prudent., slate whether applicable UK accounting standards IFRS1021 have been followed, subject lo any material departures disclosed and explained in the financial slatemenls., and PTepare the financial statements on the going concern basis unless il is inappropriate lo presume that the Charity will continue in 05krats'on.
The Spurrell Charitable Trust Accounts for the year ended 5th April 2024 Trustees, Annual Report The Trustees are responsible for keeping adequate accounting records that are Sufflent lo show and explain the Charity's transactions 2nd disclose wth reasonable accuracy at any lime the financial position of the Charity and enable them to ensure the financial statements comply with the Charits'es Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Declaratlon The Trustees are satisfied with the financial position of the Charity and confirm they have adequate assets available to fulfil their oblvJalions and the accounts comply with the current statutory requirements. The Trustees declare that they have approved the Trustees, report above.. SITgned on behalf of the Board of Trustèos Date As Trustee
The Spurrell Charltable Trust A¢counts for tho year ended Sth April 2024 Indepèndent Examiner'5 Report Independent examlner's report to the Trustees of the Spurrell Charitable Trust12672871 I report lo the Trustees on my examination of the accounts of the above charity {"the Trusv) for the year ended 5th April 2024. which are set out on pages 7 to 15. Responsiblllties of the Trustees and Independent Examiner As the charrty's trustees, you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 {"the Act"). You consider that an audit is not required under s144 of the Act and that an independent examination is needed. I report in respect of my examination of the charity's accounts carried out under seclK)n 145 of the Act and in arrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145151{bl of the Act. 11 is my responsibility to state whether parbcular matters have come to my alention. Basls of Independent Examlnèr's Report My examination was carried out in accordano wth the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the eviden that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair, view. The report 15 limited to those matlers Set out in the statement below. Independent Examiner'8 Statement am a member of an approved body subject to the provisions of the Revised Ethical Standard 2019 issued by the Financial Reporting Council IFRCI. Rathbones Trust Company has provided bookkeeping services in accordance with the terms of engagement signed by the Trustees and I do not report lo the bookkeeper in any respect. I give due consideration to the FRC'S Revised Ethical Standard 2019 at all limes. I have completed my examination and confirm that no matters have come to my attention which give me cause to believe that in any material reSCt.. the accounting records were not kept in aceordance with section 130 of the Charities Act, or the accounts did not accord with the accounting records, or the accounts did not comply with appIable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the aocounls givo a 'lrue and fair, view which is not a matter considered as part of independent examination. I have no concerns and have come across no other matters in connection wth the examination lo which 8llention should be drawn in this report in order for a proper understanding of the accounts lo be reached. Kerry Roberts TEP FMAA T MCSI C/0 Port of Llvery)ool Bullding, Pler Head, Llvgrpool Date Page fj
The spur11 Charitable Trust A¢¢ounts for tho year onded 5th Aprll 2024 Statomgnt Of Financial Activities Unrestricted Funds 2024 Total Funds 2024 Total Funds 2023 Not8S Income and Endowments from: Investments Other income 81,432 796 81,432 88,53t 832 Total Income and EndovThents 82,228 82,228 89,363 Expendlture on: Raising funds Charitable 8Ctivrties 12,882 96,999 12.882 96.999 12. 762 99. 774 Totsl Expendlture 109,881 109.881 112.536 Net gainslllosses} on investments 127,359 127,359 (117, 082) Net movement in Funds 99,706 99,706 (140,255) Reconclllatlon of funds Unrestricted Funds as at 6th April 2023 3.084.134 3.084,134 3,224,389 Unre8trlcted Fund as at 5th April 2024 3,183,840 3,183,840 3,084, 134
The Spurrell Charltable Trust Account8 for the year ended 5th April 2024 Balance Sheet Unrestricted Funds 2024 Total Funds 2024 Total Funds 2023 Notes Flxed Assets Investments at market value 3,130,099 3,130,099 2,981,524 Total Fixed Assets 3,130,099 3,130.099 2,981,524 Currènt Assets Debtors Cash al bank 10 8,441 55,204 8,441 55,204 8, 849 97, 813 Total Current Assots 63,645 63,645 106, 662 Less.. Liablllties Creditors.. amounts falling due wthin one year 11 9,904 9,904 4,052 Net Current A8setsllLlabllltles) 53,741 53,741 102,610 Total Net Assets at 5th Aprll 2024 3,183.840 3,183,840 3,084, 134 Represented by.. The Funds of the Charlty Unrestricted Funds 3,183.840 3,183,840 3,084,134 Total Charity Funds as at 5th April 2024 3,183,840 3,183,840 3,084, 134 The notes on pages 9 to 16 form part of these accounts. Approved by the Board of Trustees on and slgned on Its behalf by: Mr. Marty As Trusteo .Spu Date
The Spurrell Charltsble Trust Accounts for the year ended 5th April 2024 Notes to the Account8 1 Ac¢ounting Policies Charity Information The Spvrrell Charitable Trust is an unincorporated trust govemed by a deed dated 6th April 1960 and registered in England and Wales (charity number.. 2672871. The principal address is Harefields, Winslow Road, Little Horwood, Milton Keynes, MK17 OPD. Accountlng Conventlon These accounts have been prepared on an 8ccwals basis and going con¢ern basis, and in ¥cordance th the ac¢ounling policies sel out in this note. The accounts comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by ChaTiles. Statement of Recommended Practice applicable to charities preparing their accounts in accordance Mlllh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (second edition October 20191 (the Charities SORPI and UK Generally Accepted Accounting Practice. The charity is a Public Benefit Entity as defined by FRS 102. The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The accounts have been prepared on the historical cost convention, modified to include the revaluation of inve$tments at fair value, unless olhemise stated in the relevant policy note. The principal accounting policies adopted are sel out below. The charity has taken advantage of the provi9ions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Fbws. Going Concern At the time of approving the accounts. the Trustees have assessed whether there are any material uncertainties casting doubt as lo whether the charity will continue as a going concem. The Trustees have concluded they have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the Trustees continue to adopt the'going concern, basis of accounting in preparing the accounts. Charltable Funds Unrestricted funds are available for use al the discretion of the charity in furtherance of their charitable objectives unless the funds have been designated for other purposes. Income Income ig re¢ognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured Teliably and it is probable that income wll be received. Cash donations are recogniged on receipt. Other donations are recognised once the charity has been notified of the donation, un5ess performance conditions require deferral of the amount. Income Tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
The Spurrell Charitable Trust Accounts forthe year ended 5th April 2024 Notes to the Accounts Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known and receipt is expected. If the amount is not known, the legacy is treated as a contingent asseL All dividend income is recorded net and includes tax deducted only when it is repayable to the Charity. Expenditure Expenditure is recognised when paid or when there is a legal or constructive obligation for which it is more likely than not that a transfer of economic InefIt will be required in settlement and the amount can be reliably measured as at the reporting date. A constructive obligation exists where the charity has communicated the commitment lo provide particular goods, services or funding lo the recipient by the reporting date and there are no conditions allached to ils payment falling due after the reporting date. Provisions for liabilities must be recognised when either the b'ming or the amount of future expenditure required lo sellle the obligation is uncertain. These are dislingui5hed separately on the balance sheeL If a transfer of resources in no longer required, provisions are reversed and charged to the SOFA. Govemance costs consist of those costs associated with the overall running of the charity and meeting slatulory and regulatory requirements. Grants are included in the financia1 statements when approved by the Trustees and notified to recipients. value of committed grants unpaid at the year end is accrued. Grants offered that are subject to have not been met at the year end are noted as a commitment but not accrued as expenditure. Investments Investments held in the fund are included at their market value as follow5.. lal Listed securities are valued at the mid maTkel value ruling at the balance sheet date. {bl Listed securities held in foreign currencie5 have been valued at the mid market value and translated into their sterling equivalents al the rates ruling al the balance sheet date. Ic) Gilts are valued at the mid market value ruling at the Balan Sheet date and include interest that has accrued up to that dale. Investments are classified as a fixed asset except when ¢lassifEd as a current asset where the intention of the Iruslees is lo dispose of the asset and not reinvest the proceeds. Other r¢¢ognised Galn8 and Losse8 Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost and are charged or credited to the Statement Of Financial Activities in the year of disposal. Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Slalemenl of Financial Activities resulting from revaluing investments lo market value al the Balance Sheet dale. io
Tho Spurrell Charitable Trust Accounts for the year ended 5th Aprll 2024 Notes to the Accounts Taxatlon The charity is wl liable lo income or capital gains lax on its charitable activities. Irrecoverable VAT is included in the asset cost or the expense lo which il relates. Cash and cash equivalents Cash at bank and in hand is held to meet short-term cash commitments as they fall due rather than for investment purposes. Cash and cash equivalents include cash in hand, deposits held al call th banks, other short-term liquid investments with original maluritie5 of three months or less and bank overdrafts. Bank overdrafts are shown within b)rrowings in current liabilitie5. Flnanclal Instruments The charity has elected to apply the provisions of Section 11 'Basic Flnancial Instruments. and Section 12 '0ther Financtal Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity'g balance sheet when the chafity becomes party to the contractual provisions of the instrument Financial as8els and li8bililies are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to sel off the recognised amounts and there is an intention to settle on a net basis or lo realise the asset and settle the liability simultaneously. Baslc flnancial a88ets Basic financial assets, which include debtors and Gash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amorlised Cost using the effective interest method unless the arrangement constitutes a financing transaction, where the is measured at present value of the future receipts discounted at a market rate of interest. Financial classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are inilial5y recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rale of interest. Financial liabilities classified as payable within one year are not amortised. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If rH)t, they are presented as non-current liabilities. Trade creditors are recognised 8t transaction price. Cancellatlon of flnancial liabilitleg Financial liabilities are derecognised when the ¢harity's contractual obligations expire or are discharged or cancelled. Prepayments Prepayments are recognised at their expected settlement amount.
The Spurrell Charltable Trust Accounts for the year ended 5th April 2024 Notgs to the Accounts 2 Critical accounting ¢$timatg5 and judgements In the application of the charity's accounting policies. the Trustees are required to make judgements estimates and assumptions about the carrying amount of assets and liabilities that are not readi5y apparent from other sources. The eslimales and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions a reviewed on an ongoing basis. RevisK)ns to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 3 Investment income Ngt ofnon r8claimable tax deducted al source.. Overseas Income Overseas Interest GI Interest Unit Trust Interest Unit Trust Income UK Equities Overseas Tax deducted at source AcGrued In¢ome 2024 2023 13,055 5,841 16.321 4.871 11.8 32,712 1797} (2,5381 21,944 4, 102 2,858 4, 105 19.704 38. 190 (1. 124) (Y,249) 4 Other Income 2024 2023 Interest 832 796 832 5 Raising Funds 2024 2023 Investment management costs 12,882 72,762 12,882 12
The Spurrell Charitable Trust Accounts for the year ended 5th Aprll 2024 Notes to the Accountg 6 Charitable activltles Grant Maklng." General pury)oses - Institutions.. Break Brooke Hospital for Animals Chiltern MS Centre Cure Parkinson's DisabSed Sailors Association Dog Aid 2024 2023 2,000 1.000 2,000 5.000 1,000 1,000 2, Otx) 1, 000 2,009 5, 000 1,009 2.000 Lil Douglas Bader Foundation Great Horwood Scouts Macular Society Orlhopaedic Centre Pathways through Dementi8 Pavers Foundation Royal Agricultural Benevolent Institution IRABII Lindengale Mental Health Charity Raw Workshop The Connection at SL Martsn-in-thepField 1.000 1,000 1,000 2. 000 1,000 10,000 1000 2,000 1,000 1,000 to,000 2, 000 2, 000 1,000 t, 000 Total General 31,000 34,000 Norfolk Area- Institutlons Aylsham PCC BEFA Bessingham PCC Big C Appeal Caisler Volunteer Lifeboat SeNce Camphill Village Trust East Anglia Children's Hospitsl East Anglian AIT Ambulan Fare Share East Anglia Friends of Norwich Cathedral Glaven District Caring Committee Hope for Tomorrow Livability - John Groom Court Mind - Norfolk and Waveney Multiple Sclerosis Society - North Norfolk Branch NARS 5,000 5,000 1,000 2,000 1,000 2,000 5,000 10,000 5,Cx)O 5, 000 5, 000 2, 000 I, 000 2,000 5, 000 10,000 5,000 500 2,000 3.000 2, 000 t,000 I,ooo 2, 000 2,000 3,000 2.000 2,000 1,000 2,000 Balance carrd forward 48,0(X) 46,500 13
The Spurrell Charitablg Trust Accounts for the year ended 5th Aprll 2024 Notes to the Accounts 6 Charltable actlvStle8 2024 2023 Grant Maklng.. Norfolk (contlnued).. 48.000 46. 5LIO Norfolk Wildlife Trust Priscilla Bacon Hospice Appeal Riding for the Disabled Worslead Roughlon PCC Royal British Legion.. Cromer Samaritans - Norwich Suslead Village Hall St. John the Baptist, Aylmerton Vision Norfolk Waveney St8rdu$l Woodland Trust 1,500 1,000 1,500 1,000 4000 I, 000 1,500 1.000 500 1,000 2,000 1,000 1,000 1,000 Total Norfolk 60,000 64,5L Total donations made Donations returned Govemance costs (note 71 Bank Charges Office expenses 91,000 98.500 (500) 1, 554 5.939 124 96,999 99, 774 7 Governancg Costs 2024 2023 Trustee expenses (note 8} Miscellaneous expenses Accountancy and Advisory fee Accountancy and Advisory fee - underprovision prior year Independent Examination fee 179 192 222 2,460 2,400 900 300 840 8 Trustee Expen8e8 and other Inforrnation Out of pocket expenses were paid to 3 Trustees during the year in respect of travel costs incurred, totalling £1791£192 in 2023). The Trustees received no remuneration apart from repayment of oul-of-pockel expenses during the year (nil in 20231. The Charity had no employees during the year {none in 2023). 14
The Spurrell Charitable Trust Accounts for the year ended Sth Aprll 2024 Notes to the Accounts 9 Investments Value at 05/04r23 Purchases at cost Sales Realised Unrealised proceeds Gains/(LossesJ Gains4Losses) Value at 05104/24 sled sgcunties.. Total Fixed Interest Total Commodities Total Overse8S Total Equf(lès 338.488 102.480 1, 152,842 1.387,714 343.832 45,601 .644 396,046 198.038 2.676 12.8541 18.553) PO,714} 9,713 8,607 151,844 {13,3601 649,108 71,589 1,052,432 1,356,970 152,345 201,368 2,981,524 697,545 676,329 29.444 156,803 3,130,099 10 Debtor 2024 2023 Investment Income receivable 8,441 8, 849 8,441 &849 11 Current Ilabllitle8 Cr6ditors.' Amounts due within one y8ar 2024 2023 Stockbroker Fees Rathbones Trust Company Ltd fees Rathbones Trust Company Ltd fees- prior year Independent ExamineT'S Fee Independent Examinels Fee- prior year 3,304 2,460 2,400 900 3,212 840 12 Transactlons wlth related partles Amounts paid from the Charity to any related charitable organisation wll be disclosed in note 6. Interests are always properly declared and acknowledged during determination of applications and in these SituatnS the person with the related paty interest does not participate in the decision other than lo clarify facts. There were no related party transactions during this or the prewous financial year that require disclosure. Is