TRINITY tN CAMBERWELL FfNANCIAL STATEmE[s FOR THE YEAR ENDED 30TH JUNE 2024 COWTEWtS AND CHARIrY tNFORMATtON coKtENrs.. PAGE.. Keport of tbe Trustees Independent Examiners Report Statement of Financial Activittes B&lattce Sheet Statement of C&8h Flows Notes the Accounts 8- 13 TRUSTEESIDIREcfoRS'. Profe&wr M G Worgter Red S Dawwll Revd A S(taL8S MTS C Sharpe COMPANY SECRETARY.. Revd J Summctx Ircsigtted 1715124) Revd A StrdUSS {app)illted 114124) COMPANY REGISTRATION NUMBFR: 01469830 CHARITY REGISTRATtON NLMBEIL. 279447 REGISTERED OFFICE. Trinity College Cambridge CB2 ITQ rNDEPENDEbrr EK4MtNERS.. lao W Shipley FCCA For al otL beha]f OF. Pret]us & Co LLP Chartered Aceoutttauts and Irdependent ExamilletS 1150 Milknn Road Cattkbridge CB4 IAE BANKERS: Barcla BankPk Sidlley Streer Cgjnbridge CB2 3PZ CAF Bank Ltd K5ti85 Hill Kent ME19 4JQ
TIUNITY tN CAMBERWELL PAGE I FfNANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JLfNE 2024 TRUSTEES REPORT The trustees. who are also directors of the cimrity for the purposes of the Cornp8nies ACL pres¢ot their annual report together with the financial staterneftt5 of Trinitv Carnberwell for the year ended 30th June 2024. The firwirial 5tat¢ments comply with the Charities Act 201 l. the Companies Act 2006. the Memorandum and ArticlK of Association and Accounting and Reporting by Chariti¢S'. Stat¢ment of Recommended Pra¢ti¢e applicable tr) charities preparing their accounts in accordance wÉth the Financial Reporting StaThdard applicknle in the UK and Republic of Jreland (FRS 102) (effective 1st January 2019). Structurty goYernAnce management Governlttg document Trinity in Camberwell is a Company limtted by guarantee, the liability of each member ing restrict&l to £1, The company was founded in 1979, is exempt from the requirement to use the word-limited", and is T¢gis¢¢r¢d as a charity. The Members of Council dLring the year have btt Professor M G Worst¢r Mr M Mitchell Revd S Dawson Revd J Summers (restgn¢d 114r24) Professor S P Baronen (resigned 114r24) Dr A S P Rae (resigned 20151241 Mrs C Sharpe (appointed 2015124) Revd A Strauss (appointed 114124) Ac¢ordiftg to the Articles of Associatio members are required to retire by rot2tioll every three year5 &fter appointment and offer themselve5 for re-elecuon. Recruitment and appointment ofnew truste Council Members will be recntited from amongst the Fellowslup of Trinitv College, the Members otthe Parish of St George's Catnberwell alld other individuals with an interest in fLutherillg the al8 of thc charity. Appointment will be by the decision of the Council. New Covn¢il Metnbers will be given infom)ation about the aims of the charity and will receive trnining related to their responsibility from current or p&st collhmitfre m¢mb¢rs. REsk m&n&gement The trustees have assessed the #JOr risk5 to w'hich the charity li e%tx)sed, in particular those related to the operations and finances of the charity, and are satisfied that systenLS are in place to mitigate ¢xp05ure to the major risks.. Objectiv¢$ and Activitie5 In PlnIng our activities for the year, we kept in the Charity con])0n,S guidance on public benefit at our trustee meetings. Trinity in C&mberwell promotes, assists and enc4)urages the advancement of education alld the r¢lief of need for the bet]efit orthe QOITllrnunity in the Parish of St George'5 Camberw¢iL and the neighbourhood theteof. The council ititend to ontinue and develop these activities.
TRINrrY N CAMBERWELL
PAGE 2
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024
TRUSTEES REPORT...JcoNrtNUED
Afhlevements perfortnaDce
The fin8Cial ststement5 for the JEar eudEd 30th ju[ 2024 include the activity of the Trinity College Cerytre.
The aim of the Centre is to support t0U1ty activities arwl advance education. In meeting these aints, it strives to eDsure
its faoilities are fully utilised by a variety of grow of IM)th children and adults. Use of the Cetttre has iDcrea5Bd evell
furtber ovw the past ye#r following the re
TRINITY IN CAMBERWELL PAGE 3 FINANCIAL STATEME.NI'S FOR THE YEAR ENDED 3(rrHJUNE 2024 TRUSTEES REPORT...JcowrtNUED TRUSTEE. REspofistBIL1S 8TATEMENr The Iwtees (who are also diredors ofTrinity iJLCamlwTrvell for the PUTPOW of company lawl are responsible for preparing the tLWStees' report and the finanLial statenynts in accordance 1th applicable law 8nd Unitcd Kingdorn Accounting statth (UDit¢4 Kingdom Generally Aceepted AccouJrtin8 Prncti¢¢). Company al clmrity lawTequires the trnstees to preptTE s(atemcnts for e4th finw)¢ial yeaT which give a trne and fdir vigw of the 5tytc ofaffairs of th¢ cbaTitsbl¢ company and of the incoming resijuices and applicaiion of rUr¢A, including the I)me and expenditsj of the charitable compatty for thatperiod. Inp[tpaTis ttwe fknall¢ial statemts. the tn]st¢e5 are required to.. Select suitsble accotintthg ryyhcieg and apply tbemconsistently. observe the methods and prirKiples in the Chatitieb SORP. ake judgeluellts estimatu that ar¢ rewDable gnd pnjdent. 5tste whether applicable UK aonting standards have bttn followe¢ subject ts any mat¢ria] dcparttW¢5 di5¢10sed 2nd cxplained in th¢ fin8nciJl statements. prepart the fillaDcial stateents OD the goiD8 conwi b&8is unl¢ss it is in8ppropriate tsb presunK thatthe Charitsblo company will continu¢ in operntion. The tru8t¢e3 we resNTrnsibl¢ for keepino adequllte accowktiD8 fwFds that disclo* with reasonable accuracy &t anytime finanLi&I position ot'the char&table COMnY and Lnable them cn5ure that the fthancial stateTneDL8 eornply with th¢ Companies Act 2006. They ate &150 rtsponsJl)le for safeguarding the &55¢ts of the charitable company and hence for taking rcasonable steps for th¢ prnention and dcte¢lion of frawl and other irregularities. Th¢ trustees ai¢ rc9W)¥LsTrbl¢ for th¢ llMintell#Dc¢ and int¢grity of the charitable wmpany and financial infomiation iluded on the chan.8 wehsiie. In preparing thss report. the have taken advanlage of Ibe snll companies excmpliortg provided by section 415A ofthe Cornpanies Act 2006. This report was approved bythe tru3te¢5 OTh 2nd sisntd Dll their bL.haif, by.. PRofF.SSOR M G WORSTER TRUSI'LÈ
TRtNtrY tN CAMBERNVELL PAGE4 FINANCtAL STATEMENfs FOR THE YEAR ENDED 30TH JUNE 2024 JNDEPENDEL¥T EL4MIN£R'S REPORT TO THE TRLSTEES OF TRL¥tTY IN CXMBERWTLL I report to the ¢harity LTUSte&8 OEL Tfly exattLiDatioll OL the accounts of the Charithle Con]pany for the year ended 30 June 2024, BISPONSIBILITES AND BAStS OF REPORT As the charitls ¢nk8tees of th¢ Charitable Q)n]p&ny (and also its ditOrS for the putposes of eompally law) you are responsible for the preparatlOlL Oi (he accounts in ac¢ordance with the requiretllents of the Companies Act 2006 ('the 2006 Act) Havsng satisfied myself that the Counts of the Charitable Co]ryY llot Yequircd to be audited ullder Part 16 of trLe 2006 Act and are eligtble for independent examllUAOffj I rewrt tn resp&*t of llLyexaLDillation of your charitys accOlS 88 ¢atTied out under section 145 of tlLe Cbarities Aet 2011 CtlLe 2011 Ace). la carryu)g out my ¢xaminlltion I bave followed tlLe Directions givell by tbe Chariry Commission under wtion 145(5)(b) of the 2011 ACL INDEPENDENf EXAMINERIS STATE_MENrs I have completed my eLDinatio I confirm that matters bave come to my attention in e01llti0tt with rbe examinatLOtI giving ffte cause to believe: l. accounting rordS were not kept in of the Cbaritable Company required by 8ectton 386 of the 2006 Act. or 2. te aOu[S do not a-cord rE)05e records,. or 3. a¢couThis do not comply the accoutttiDg reqireMenlS af section 396 of the 2006 Act othr than anyrequirement that the accounts give a'ttue and fair view which is noi a rtmtter conSided as p8rt of an ind¢peudent exa)ination., or 4. the a¢eouui8 have not been prepa1 itt a-cordance with the tnethoL- and principles of dLe Statement of Recommended Practice for accounting aud reportiDg bN charities (applicable to ¢iwities preparing the5r accounts in accordance with tke FiEaThcÈal Reporting Standard applicable in th.e and Repiibl..c of IreIand ffRS IQ21. I hapr no concerns and bave ceme atTOSS no other utatters in connectton with t1 examination to whicil attenuon should be drawm in thi8 report in order to enable a proper ullderswiding oFac¢ounts to be reached. IAli SHtPLEY FCCA FOR AND ON BEHALF OF: PREIs & CO LLP CHARTERED ACCOUKtANTS & INDEPENDENT EXAMINERS 115c MiltollRoad Cambrtdge CB4 IXE
TRINITY IN CAMBERWELL PAGE S FtNANCIAL STATEMENTS FOR THE YEAR ENDED 30TH IUNE 2024 STATEMENf OF FtNANCIAL AcfIviTIES Unrestricted Unrestricted Funds 2023 CURRE.NT YEAR Notes 2024 COMK Donations and legwies lrnve5tmellt income Charitable a¢tiviti-s 4,760 117,870 50,071 6,260 108,042 26,576 TOTAL INCOME 172.701 140,878 EXPENDITURE Raising funds Charitable activitie 2,128 136,172 1,918 103.8l2 TOTAL EXPENDETURE 138,300 105,730 NET SURPLUS IN FUNDS BEFORE GALYS AND LOSSES ON INVESTMENTS 34,401 329,257 35,148 466.729 Gain on revaluation of investmeTrt assets NET MOVE11ENr IN FUNDS Reconciliation of Fllnds Total funds brought fcinyard Total funds carried forward 363,658 501,877 4,136.2)7 3,634,360 4,499.895 4,136,237 The notes on pages 8 to 13 forni part of these )5nancial s(atemenrs.
TRINITY rN CAMBIRWELL PAGE 6 FINANCtAL STA]'EfvNTs FOR THE. YEAR ENDED 3(yfH JUNE 2024 BALANCE SHEET 2024 2V23 FIXKD A&8KTS Tangible fixed assds Inv¢3tm¢nts io 1,136 4.355.605 4.356.741 1.591 4.026,348 4,027,939 TOTAL TrIXKD A&SETS CURRENT ASSETS Debtors Cash at bank 12 7.041 156,616 163.657 7,377 109.493 116.870 TOTAL CIIRRENT ASSEI'S CREDI'I'ORS: amouDts fa]liDg du¢ within one year NET CIJRRENT ASSET$ 13 20J03 8,572 143.l54 4.499.895 108.298 TOTAL ASSETS LESS CIIRREKf LIABILJTILS 4,136.237 THE FUNDS OF THE CHAIUTY Unre8tricte(I tn¢on* funds 14 4.499.895 4.136.237 TOTAL CHARITY FUTrIDS 4.499.895 4,136.237 Thc directOTS consid¢rthai the company is entitled to exen]ptioll fiDrn the requiremm)t to havl an audit und¢r the provision5 of S¢ction 47711 l of the Cotnp2tMes Act 2006. Nlembers have noi requi] the companyunder Section 476 of tb¢ Companies Act 2006, to obtain an audii for the year ended 30th June ry024. The directOT5 acknowl¢dge their respons17Jilities foi ensuring that the company keeps accountins rwords which LmplY with Seciion 386 and 387 of tbe Colnpawes Act 2006 alsd for pVaring financial slaternents which gIt a true and fair view of the state of affr$ of the conwy as at 30th 2024 and of its 8urpliii for the ytsr then ended in aCOrdanCe with the requiremeDL% of SeL'tion 396 atLd wlll.ch otherwige comply with the rquircments oftlLe Act ttlating 10 the finsncial sthtements as far as applicable Lo the cornpthy. The finItlIa1 staternents, which hat PTcpaTcd in aLcordanco i¥'ith the Spla] pro>isions Telating to the LOTnpanics subject to the sm211 wmpanies Tegi¥ne within Part 15 of the Companics Aet 21M)6. er¢ approved by the IKiard on tsnd signed its behalf. PROFESSOR M G WORSTER TRusfEE The ttotes on pu8es 8 kn 13 fomi part of these fllmncial slateTneuts.
PAGE 7 FtNANCIAL STATEMFUS FOR THE YEAR ENDED 30TH ILfNE 2024 STATEMENf OF CASH FLOWS 2024 2023 Notes Cash used In operating ietlvlties 16 170,747) {76.259) Clsh floFY5 from Inve5ttng actitieS Intere8L dividetLds and rettts reted Purelwe of investnts Purchase fLKed assets 117,870 108,042 Net cash provided by Investfng aetiTrltie5 117,870 108,042 Change in cash alld eash equlTraiellts Ill the year C85h Y4nd eash equivaleDts brollgllt forjyard Cllsh and c&sh equlvalents carried forward 47,123 109,493 156,616 31,783 77,710 109,493
TRfNITY IN C>MBERWELL PAGE 8 FtNANCtAL sTATEms FOR THE Y&4R ENDED 30TH JUNE 2024 NOTES TO THE FINANCIAL STATEMENrs ACCOUP4mG POLICIES 1.1 Ba518 of pt¢pttr&tlon of floan¢AAI stt¢ments The financial 5tarenMts bake beell prepared in accordallce with Aecoulltll and Reporting by Clwitieg.. Statemellt of recoended ptice wlicabL¢ to ¢lwities pr¢parillg their accounts in accordance the Financial Reporting Standard appticable in the UK and Republic of Ireland, (FRS 102) ffffective l January 2019)- ICb&rities SORP (FRS 10?)), the Filla-la[ ReEX)rtillg Stath applicable in the L.X aod Republtc of trelaod (FRS 1021 atkd th¢ Cornpant¢s Act 2006. Trinity ill Cambenvell the defitLitiOll of a publi¢ b¢u¢fit ¢Trtity uDder FRS 102. Assets and liabilitie8 are initially rwognised at historical cost or transaction value Unless Otherwe ststed in the relevant poltcy note. 1.2 Fund accounting Gen¢r&l funds Are unrestricted fjmds tMiieh are available for tt tbe discretion of the tntee8 in fiberallce of tke getLerdl objectrives of the compaov and whi-h have nor beery desigllatrA for otlLer purposes. Designated funds compriye unrestrtcted fithd5 Èbat h&ve been set aside by the tntstees for particular pu05¢8, The aim and use of each d-sigllaied fund ss sei cut tn the notes to rhe finsn¢ial 5tateukents. Restricted fjJnd5 are fiirtds which are to be Sed ill a¢w-dgnc¢ specific restiictions inwsed by donors which have been raised by the cornpaDy for particutar purposes. The costs of raising and administering S¢ lld5 are charged against the specific fid. The ai]n and u8e of e&ch restricted fi]ud is Set tsut ill the notes 10 tbe f0181 swements. Investettt sn¢oll, gains and losses are allated to the appropriate l.3 Income Re¢ogllition AiL income is recL¥gnised in the statement of fsnancial actifvities the COLllpany is tegally entitled to the in¢orll¢ the art Gan be quantified with r¢asonabl¢ auY. 1.4 Expendlture Recognition Ail exp¢ndityre 15 &ccouared for on &n acuuals basi5 and has been in¢luded uDder expetK9e categories that agBregate all costs for allocation activities. Where Costs cannot be directly attributed to particular activiti¢S they knv¢ b¢en &ll¢Mted on a ba8is consist¢4t with the u8e of the resour¢¢s. Raisillg iucludes all &Ypeuditute illcurred by the charity to raise fiukds for its charitsble Purposes. Tht5 illcludes investmenr mauagemeut Costs which iticludes Costs of propthy repairs and rDaintena]Lce cbarges. GovernCe costs are those iticurred in Cowtion with &thninistrdtion of tlle company and Cornpliae with consiimtiond and statsttory requirements. Grants payable ar¢ ¢hargtti th¢ year ts¢n the offer is nwle excepi ill those cases where the offer is conditional. such grattts being 0gl)ed as eXpendiE when the collth"tiots attaching are fulfilled. Grants offered subject to conditions thich ha noi bn mei at the year end are ]t¢d Ls & con)mitment, but not accrued as expenditure. 1.5 Tanglble fixed assets depre<i8tion Tallgible fixed &ssets are stated a( cost less depreci*ion. Depreciation is provid¢d at rates calculated to rite off the cost of fixed assets. less their estitnated residual value, over tkeir expected usefid lives on the following ba5¢S.' Motor Yehicles Ftxtures & fittings - 33.3V/o reducin8 bala¢¢ . 25Yo reducing b81ance
TIUMTY IN CAMBERNVELL PAGE 9 FINANCIAL STATEMENTS FOR THE YBAR ENDED 30TH JUNE 2024 NOTES TO THE FINANCIAL STATEhlENrs 1.6 Invtstments Investtnents are ytat¢d at market valuE at the balanc6 sheet. The statement of fitl¢laI activities includes the net gaip.s and losses arEsiDg on revaluations and disposals throughout the year. VOLuNfARY INCOIIE Unrestricted Unr¢stricted Funds Funds 2024 2023 Doiations Gift aid 4,760 5,863 397 4,760 6,260 All volurLtary income received ift 2024 and 2023 vrds unrestrict llYVESTMETrrf INCOME UnrestTiCted Unrestricted Futtds Fund5 2024 2023 Incorr.e from investtnents RerLtal income- residential 40,110 34,142 73,900 117,870 108,042 All investment income received in 2024 and 2023 was unrestricted. INCOME FROM CHARITABLE AcfiviTtES Unrestricied UrLrestricted Funds Funds 2024 2023 Hall hire St George's PCC Sundry inco]ne 43,353 3,500 1,218 15,469 2.471 8,636 26,576 50,071 All income from charitsble activities in 2024 and 2023 wa5 unrestricted. EXPENDITURE ON RAISING FUNDS Unrestricted Unrestrictrd Funds Funds 2024 2023 Investhent property repairs Investtnent property light & heat contract5 942 675 1,186 1,243 1,918 2,128 All exp¢ndIre on raising funds for 2024 and 2023 was unrestrict¢d.
TIUNITY IN CAMBERWELL PAGE 10 FINANCIAL ST ATEMEs FOR THE YEAR ENDED 30TH JUNE 2024 NOTES TO THE FINANCIAL STATEhlENrs EXIJENDTfuRE ON CHARITABLE AcrivrrIES Support and ctwstsble Governan Activities Costs Supp)rt and chitable (lovernamc¢ A¢tiviti¢8 Costs T"otal 2024 TotaL 2023 Other donations Grallts paid (note 7) Light and heat Rat¢$ and Couocil T Telephones 3,810 112 25,270 749 1,312 28,551 5,692 3,8lO 112 25.270 749 1.312 28,551 5,692 3.094 1,630 11.283 455 50.185 82 1,922 2,025 3,859 4,000 25,507 714 778 31,949 5.627 3.061 3.888 8,879 569 13.143 63 3,859 4,000 25.507 714 778 31,949 5,627 3,061 3,888 8,879 569 13,143 63 1,775 Cleaning Sundry Minibu5 Insuranee DepreciatioD Wages and salaries Bank (barg¢3 IndepcndeDt exaTllineTS fre5 RecNitment costs 1,630 11283 455 50,185 1.922 1,775 2,025 134250 1.922 136,172 102,037 1.775 103,812 All expenditure on charitable activities for 2024 atsd2W23 uDrestricteiL GRANTS TO ILYSTITUTIONS Untestricted Unrestticted Futtds Funds 2024 2023 St George's Primary School 112 4,000 All graDts to iTr5titil0Th8 for 2024 and 2023 were utwestricted. NET INCOME FOR THE YEAR This is stated after charging: Depreciation of tall111e fixed assets: - owned by charity IndependeJ)l examiners fee 2024 2023 455 1,922 569 1,775 STAFF COSTS Stsff costs wer¢ as folloThs:_ Wages and salari 2023 2023 50,185 13.143 The average monthty nurnber of employegs dwiDgthe year as follows'.- 2024 2023 Admini51rative No enkployee received reu)uneratioll anUtI8 to more than £60.000 in either year. The key mallagement persounel of the Gbarity comprise the bt)8rd of tn]stee5. Th¢ total employee kllefiL8 of the key manage1lle personnel of the charity was £Nii. (2023: £Nil)
TRINITY tN CAMBERWELL PAGE 11 FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024 NOTES TO THE FINANCIAL STATEMENTS io. TANGIBLE FIXED ASSETS Motor Fixtures & Vehicles Fittings Total COST Balance at 1st July 2023 aDd Joth June 2024 DEPBECIATION Balance at 1st July 2023 Cbarge for the year Balance at 30th June 2024 21,444 66,531 87,975 21.443 64.941 454 86,384 455 21.444 65,395 1,136 86,839 NET BOOK VALUE AT 30th lune 2024 1.136 TANGIBLE FIXED ASSETS Motor Fixt4Jres & Vehicl¢s Fittings Total COST Balance at 1st July 2022 and 30th June 2023 DEPRECLATION Balart at 1st July 2022 Charge for the year Batance at 30th June 2023 21,444 66,531 87,975 21,442 64,373 568 85,8l5 569 21.443 64,941 86,384 NBT BOOK VALUE AT 311Eh June 2023 1,591 All fixed assets are used for direct charitable putposes. li. FIXED ASSET INVESTMErfrs Inv¢$tment Other Propertv Investsnents Tot&1 2024 M&tket value at 1st Julv 2023 Revaluations and105ses 2,350,000 1,676.348 329,257 4.026.348 329,257 Market value at 30th Jttne 2024 2,350,000 2.005.605 4,355,605 Inyesttnents at m8rket value comprise". 2024 AmalganMt¢d trust nd 15 Dowlas Street 131 Col¢mall Road l Newent Close 2,005,605 800,000 800,000 750,000 4.355,605
TRINITY IN CAMBERWEtL PAGE 12 FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JtfNE 2024 NOTES TO THE FNANCIAL STATBMEWts ii. FIXED A&SET INVESTMENTS .. .-eontlDued vegthient Propety Tnvesttnents Tot 2023 Mket value at 1st July 2W22 Revaluations and10&s¢5 2,01.0(mI 350,OCM) 1,559,619 116,729 3,559,619 466,729 Market value at 30th Jwie 2023 2,350,0&) 1.676,348 4,026,348 Inv&8trnents at rnatht value wmprise.. 2023 Amalgamated trust fiu)d 15 Dowlas Street 13l Coleman Road l Newent Close 1,676,348 800,000 800,000 750,000 4,026,348 En the (winion of the INst¢es, the makn valuE of the iuveslment in the amalgamated Trust Fund of Trinity College at the balance sheet date is £2.IX15,605 (2023.. £I.676.348) In the opiuion of the with the advice of knity Estate4 coLsider the rna[k value of the thr% MvB8lment properties at the balallce sheet date to be £2,350.000 (2023.. £2.350,IX)O). 12. DEBTORS 2024 2023 Other debtors Prepa)qnents 594 0,783 7,041 7,IHI 7,377 13. CREDITORS: AMOUliTS FALIJNG DUE wrtHIN ONE YEAR 2024 2023 Other creditors ACCnlS and deferred incorne 17.528 2.975 5,737 2,835 20,503 8,572 14. MOVEMENT FUNDS Brought Forward Income Expenditure Carri Forward Gains Ddslgllated Balmer EdtiOn Fulld GeDeral Funds General Funds 155.601 4.Ol6 32.973 192,590 3.980.636 168.685 (138JOO) (l38.300) 296,284 4,307,305 Total Unrestricted Funds 4.136,237 172,701 329,257 4,499,895
TRtNITY tN CAMBERWELL PAGE 13 FINANCIAL STATETs FOR THE YEAR ENDED 30TH jNE 2024 NOTES TO THE FINANC STATEMENTS 14. ..eoll1ined BTougbt Forward Expendibtre CArried Fonvard D&sfignAted Funds Ba]mer Edueatioll Fund GenerAI Fund5 General FK[S 156.185 3.416 (4,(K)O) 155,601 3.478,175 137,462 (101.730} (105.730) 466.729 3,980,636 Totsl Unrestrictsd Funds 3.634J60 140.878 466,729 4.136,237 The capitsl within the Balmer E41ucation Fulld w&% to purchase 1817 sbares in the Amalgamatsd Tnwt Fund of Trinity College. h'o fijrtber share5 were acquired in the Current year due to expelldtture exceeding income this year. The income generdted froD] this fund is used 10 provid¢, prornotfy assist ad ¢n¢our&gE work for the advancement of educatiott for the benefiL of the Comm¢mity in the Parish of St George's C8Tnb¢rw¢ll. 15. RELATED PARTIFS Two of the trustees are aiso tswstees of St Georges Pqy-ID ond St George's Church. DurtDg the year £3,500 Wa5 rec¢iv¢d fro St GEof8t's Church and Pop-tn (2023: £3.671). A grant of £112 (2023.. £4,0(M)I was made to St George's during the year. Three ttustees were re]MbSed expejisu totall1 £1.871 dur&Dg the year (2023.. £2.030). 16. RECONCILIATIOIY OF NET MOVEMEfqT FUNDS TO NET CASH FLOW FROM OPERATING ACTivrriES 2024 2023 Net movement in funds Add back depreciation D¢duct dividend aDd interest incoTne showD in inv¢5ting a¢tiviti& Deductrental income 8bown in investing activities Dedu¢t gaill5 Oll inVe5trtWLts Decrease in debtors Increase/(decrease) in creditors 363,658 501.877 455 569 {40.1101 {34.142) 177,7601 (73,9001 (329,257) (466,729) 336 2,030 11,931 (5,964) (76,259) {70,747)