**REGISTERED CHARITY NUMBER: 279598**
## **TRUSTEES' REPORT AND**
## **UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **FOR**
**THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
**THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|||**Page**||
|---|---|---|---|
|**Trustees' Report**|1|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**||7||
|**Notes to the Financial Statements**|8|to|13|
**THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024**
The trustees present their report with the financial statements of the charity for the year ended 30 September 2024. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the trust's Trust Deed, and the Charities Act 2011
## **Objectives and activities**
The Trust's objects are to advance the education of the public in the science of zoology by the study of wildlife in its natural habitat particularly in Tanzania, Kenya and the rest of Africa.
The policies adopted in furtherance of these objects include the dissemination and publication of research data and information carried by various bodies on different species, the provision of regular teaching facilities for school-age children, educational trips to national parks, and an environmental education programme conducted in the local communities. There was no change in these during the reporting year.
In collaboration with Kenya Wildlife Services (KWS), the Trust is solely focused on the rehabilitation of Kora National Park, Kenya.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the trust should take.
Most of the activities of the Trust have been in accordance with Section 1 (b) of the Trust Deed which states that in furtherance of the objects, the Trust shall have the power to "promote the preservation and conservation of wildlife generally for the purpose of study and research into the natural sciences and in particular zoology, and to establish, own, form, maintain and manage sanctuaries and natural reserves in order to facilitate the study of the wildlife and to allow wild animals and plant life to breed and propagate in their natural environment."
## **Public benefit**
The Trustees have given due consideration to the Charity Commission's published guidance on the operation of the public benefit requirement.
## **Trust activity**
In May 2022, we lost our Field Director, Tony Fitzjohn OBE, to a malignant cancer. He has been succeeded by his wife, Lucy Fitzjohn, who worked closely alongside him for thirty years during the hugely successful rehabilitation of Mkomazi National Park in Tanzania.
In February 2025 (after fiscal year end) to commemorate our former Field Director, the Trust has changed its name from 'The George Adamson Wildlife Preservation Trust' to 'The George Adamson & Tony Fitzjohn Wildlife Trust' (GA&TFWT).
We are intimately associated with the work of George Adamson, his brother Terence Adamson, and Tony Fitzjohn who worked in Kora National Park in Kenya from 1970-1989 on the rehabilitation of lions and leopards to the wild, on the development of infrastructure in the area and the recovery of its wildlife habitat. Because of their presence in Kora, the area was upgraded to a national reserve in 1974 and to a national park in 1989 upon George's death.
Kora National Park is the third largest national park in the country and covers 1,787 km2 in Tana River County. It is one of five protected areas that make up the Meru Conservation Area.
The Trust's goal is to work in collaboration with KWS in a restoration and rehabilitation programme focusing on the rebuilding of a safe and sustainable ecosystem and the protection of the habitat and wildlife of Kora National Park, and to continue our work amongst the communities in the surrounding area.
As noted in the Trustees' Report to September 2020, the Trust has worked hard over many years to secure political goodwill and the development of a framework management plan with Kenya Wildlife Services.
Page 1
**THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024**
The Trust's aims, provisional and planned activities are split into six categories:
1. Infrastructure: relating to roads and tracks, airstrips, base-camp and workshop development, fencing, communication networks, river crossings and seasonal dam construction.
2. Reducing damage to the Kora ecosystem and safeguarding the ecosystem: relating to helping to reduce the burning and destruction of riverine forest (including local employment), general aircraft observational patrols and monitoring of key wildlife in the area.
3. Support for Kenya Wildlife Services in protecting and rehabilitating the ecosystem: relating to support for water supplies, vehicle support and aircraft patrols.
4. Wildlife recovery programme: relating to recovery, protection and restocking of wildlife.
5. Community outreach programme: relating to education (including infrastructural support for schools), water projects, community involvement and local employment. Discussion with local government.
6. Tourism: relating to supporting the development of certain park sites and facilities to encourage the growth of tourism, including the wildlife rehabilitation programme and an educational historical centre in Kora National Park to promote its history, George Adamson and tourism.
Over the last year, the work in Kora National Park has accelerated and is in keeping with our six aims above. In collaboration with KWS, the focus this year has been on building out Kora's infrastructure before establishing a wildlife recovery programme, as well as continuing the community outreach programme. We also built a new website at koraproject.org to drive our fundraising efforts.
Beyond the constant programme of infrastructure maintenance, major activities in the field over the past year included: - the extension of the main Kora airstrip
- the donation of twelve uni-huts for ranger accommodation and an administration block at KWS Company Command Base
- the donation of eight uni-huts, a kitchen and water storage tank for a KWS Platoon Base on the Tana River
- the building of a new airstrip at the KWS Platoon Base on the Tana River
- the installation of a base station at KWS Company Command base and extension of the radio network system
- the building of four water pans to hold water for wildlife during the drier months
- support for World Wildlife Day and World Ranger Day, both hosted by KWS, with the provision of food for over 700 people
- formal approval for the construction of Historical Education Centre. The site has been cleared and will soon be fenced - formal approval for the Oryx Recovery Programme with biodiversity assessments to take place in the dry season. This programme will use controlled management as a conservation tool by creating a secure, nucleus breeding herd of oryx that can re-populate the surrounding area over time
- the work of Trust for African Schools (TAS) being formally integrated into our community outreach programme, following the retirement of TAS's Chairman, Gill Marshall-Andrews
- successful fundraising for four schools along the boundaries of Kora in desperate need of help with construction of classrooms, science laboratories, bandas (meeting/social areas), kitchens, dormitories, staff accommodation and fencing of the school properties
- the phased planning of boreholes in the four identified schools with the provision of reliable water sources helping to overcome the barriers posed by persistent drought and unreliable rain patterns
- the building of a kitchen at Kamaguru Primary School
- the donation of fifty school desks for Asako Primary School and we have continued to plant trees in the different communities on the borders of Kora
After this year of hard work, we have witnessed wildlife beginning to return to Kora. Large herds of elephants have crossed the Tana River from the north into Kora. We had sightings of cheetah with cubs, leopard, aardwolf, caracals and civets, and a rare sighting of a small pack of African wild dogs.
Page 2
**THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **FINANCIAL REVIEW**
## **Financial position**
Donation and grant income in the year, including gift aid tax recoverable, as well as investment income of £447 (2023: £378) amounted to £65,118 (2023: £59,755); an increase of £5,363. The charity made a gain on revaluation of the investments of £15,926 (2023: £9,171). The charity’s expenditure increased by £23,551 to £143,069 (2023: £119,518), resulting in a net deficit for the year of £62,025 (2023: £50,592). At the year-end, the charity had unrestricted reserves of £147,810 (2023: £209,835).
The Trustees have assessed the major risks to which the trust is exposed, and are satisfied that systems are in place to mitigate exposure to those major risks.
## **Investment policy and objectives**
The trustees policy of maintaining sufficient reserves is to ensure that twelve to eighteen months of running costs are held at all times, has continued to work well. Our core supporter base has remained steadfast in their loyalty from individuals and charitable trusts. The trustees consider the unrestricted reserves to be sufficient for the charity's needs.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The trust was established by Trust Deed as the Kora Wildlife Trust on 26 February 1980 and amended by schemes dated 19 December 1988 and 21 September 1990. The name was changed in 1988 to honour George Adamson and to free the Trust from a perceived geographical limitation to its activities.
New members are elected by other trustees at meetings which are held not less than twice a year. New members are invited to join when they are clearly able to contribute specific skills of relevance to the objects of the trust. Appropriate training is provided to all new trustees to ensure they are equipped for their roles.
Trustees have delegated the day-to-day management of the trust to the Treasurer, co-signatories and the administrator in the UK.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
279598
## **Principal address**
141A High Street Edenbridge Kent TN8 5AX
## **Trustees**
R Marshall-Andrews KC P Chauveau B Jackman (resigned 7.5.2025) A Marrian P Wakeham (resigned 24.10.2023) A Harbord J Thomson (Chairman) R Cohn (resigned 2.12.2024) K Grant S Neckar M Chaplin (appointed 24.10.2023) D Peacock
Page 3
**THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Independent Examiner** Keelings Limited Chartered Tax Advisers and Chartered Certified Accountants Broad House 1 The Broadway Old Hatfield Hertfordshire AL9 5BG
Approved by order of the board of trustees on 15 July 2025 and signed on its behalf by:
J Thomson - Chairman
Page 4
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
## **Independent examiner's report to the trustees of The George Adamson & Tony Fitzjohn Wildlife Trust**
I report to the charity trustees on my examination of the accounts of The George Adamson & Tony Fitzjohn Wildlife Trust (the Trust) for the year ended 30 September 2024.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set 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 concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Rekhon Ali ACCA
Keelings Limited Chartered Tax Advisers and Chartered Certified Accountants Broad House 1 The Broadway Old Hatfield Hertfordshire AL9 5BG
15 July 2025
Page 5
## **THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|**2024**
Unrestricted
Restricted
**Total**
fund
fund
**funds**
Notes
£
£
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**64,671**
**-**
**64,671**
Investment income
3
**447**
**-**
**447**
**Total**
**65,118**
**-**
**65,118**
**EXPENDITURE ON**
**Charitable activities**
4
Charitable Activities
**143,069**
**-**
**143,069**
Net gains on investments
**15,926**
**-**
**15,926**
**NET INCOME/(EXPENDITURE)**
**(62,025)**
**-**
**(62,025)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**209,835**
**-**
**209,835**
**TOTAL FUNDS CARRIED FORWARD**
**147,810**
**-**
**147,810**|2023
Total
funds
£
59,377
378
59,755
119,518
9,171
(50,592)
260,427
209,835|
|---|---|
## **CONTINUING OPERATIONS**
The statement of financial activities includes all gains and losses recognised in the year.
The notes form part of these financial statements
Page 6
## **THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
## **BALANCE SHEET 30 SEPTEMBER 2024**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Investments
7
**122,403**
**CURRENT ASSETS**
Debtors: amounts falling due within one year
8
**8,331**
Cash at bank
**22,176**
**30,507**
**NET CURRENT ASSETS**
**30,507**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**152,910**
**ACCRUALS AND DEFERRED INCOME**
9
**(5,100)**
**NET ASSETS**
**147,810**
**FUNDS**
10
Unrestricted funds
**TOTAL FUNDS**|Restricted
fund
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2024**
**Total**
**funds**
**£**
**122,403**
**8,331**
**22,176**
**30,507**
**30,507**
**152,910**
**(5,100)**
**147,810**
**147,810**
**147,810**|2023
Total
funds
£
126,477
9,094
78,884
87,978
87,978
214,455
(4,620)
209,835
209,835
209,835|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 15 July 2025 and were signed on its behalf by:
J Thomson - Trustee
A Marrian - Trustee
The notes form part of these financial statements
Page 7
**THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
The accounts are prepared in sterling, which is the functional currency of the trust. Monetary amounts in these financial statements are rounded to the nearest £.
## **Going concern**
The Trustees' Annual Report states that the trustees are actively and constantly reviewing options for the future. At the time of approving the accounts, the Trustees have a reasonable expectation that the trust has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the accounts and they do not include adjustments that would result if the trust was unable to continue in operation.
## **Charitable funds**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used and the charity currently does not have such reserves.
## **Incoming resources**
Income is recognised when the trust is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the trust has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the trust has been notified of an impending distribution, the amount is known, and receipt is expected.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Donations payable**
Donations payable are made by the charity to provide funds for individuals and organisation based within the beneficial area on the submission and approval of their application.
## **Fixed Asset Investments**
Investments are shown in the balance sheet at quoted market value at the year end.
continued...
Page 8
**THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **1. ACCOUNTING POLICIES - continued**
## **Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and are basic financial assets.
## **Financial instruments**
The trust has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the trust's balance sheet when the trust becomes party to the contractual provisions of the instrument.
## **Basic financial assets**
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.
## **Basic financial liabilities**
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
## **Derecognition of financial liabilities**
Financial liabilities are derecognised when the trust's contractual obligations expire or are discharged or cancelled.
## **Accounting estimates and significant judgements**
In the application of the trust's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates 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 trustees do not consider that there are currently any judgements and estimates of note.
## **2. DONATIONS AND LEGACIES**
|Donations and gifts
Grants
**For the year ended 30 September 2024**|**Unrestricted**
**funds**
£
54,671
10,000
64,671|**Restricted**
**funds**
£
-
-
-|**Total 2024**
£
54,671
10,000
64,671|**Total 2023**
£
49,377
10,000|
|---|---|---|---|---|
|||||59,377|
continued...
Page 9
**THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **3. INVESTMENT INCOME**
|**INVESTMENT INCOME**||||
|---|---|---|---|
|Investments
**CHARITABLE ACTIVITIES COSTS**
Plane running costs and associated costs
Travel
Medical insurance
Website costs
Communications
Kora costs
Consultancy - field director
Share of governance costs
**Analysis of funds**
Unrestricted funds
Restricted funds
**For the year ended 30 September 2023**
Unrestricted funds
Restricted funds|**2024**
**£**
**447**
**2024**
£
25,426
1,191
7,852
8,754
118
57,470
23,713
124,524
18,545
143,069
-
143,069|2023
£
378
**2023**
£
13,015
4,755
6,880
6,682
108
26,224
23,460||
||||**2023**
£
13,015
4,755
6,880
6,682
108
26,224
23,460|
||||81,124
38,394|
|||119,518
-||
|||119,518||
## **4. CHARITABLE ACTIVITIES COSTS**
## **GOVERNANCE COSTS**
|Administrator fees
Office expenses
Accountancy and independent
examination
Other costs|**2024**
£
5,724
4,236
5,100
3,485
18,545|**Basis of**
**2023**
**allocation**
£
6,099
Governance
3,582
Governance
4,620
Governance
24,093
Governance
38,394|
|---|---|---|
continued...
Page 10
**THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 September 2024 nor for the year ended 30 September 2023.
No Trustees (or any persons connected with them) received any remuneration during the year or last year.
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
## **7.**
|Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
59,377
Investment income
378
**Total**
59,755
**EXPENDITURE ON**
**Charitable activities**
Charitable Activities
119,518
Net gains on investments
9,171
**NET INCOME/(EXPENDITURE)**
(50,592)
**RECONCILIATION OF FUNDS**
Total funds brought forward
260,427
**TOTAL FUNDS CARRIED FORWARD**
209,835
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1 October 2023
Disposals
Revaluations
At 30 September 2024
**NET BOOK VALUE**
At 30 September 2024
At 30 September 2023|Restricted
Total
fund
funds
£
£
-
59,377
-
378
-
59,755
-
119,518
-
9,171
-
(50,592)
-
260,427
-
209,835
Listed
investments
£
**126,477**
**(20,000)**
**15,926**
**122,403**
**122,403**
126,477|
|---|---|
There were no investment assets outside the UK.
continued...
Page 11
**THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **7. FIXED ASSET INVESTMENTS - continued**
Cost or valuation at 30 September 2024 is represented by:
|Valuation in 2018
Valuation in 2019
Valuation in 2020
Valuation in 2021
Valuation in 2022
Valuation in 2023
Valuation in 2024
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayments and accrued income
**9.**
**ACCRUALS AND DEFERRED INCOME**
Accruals and deferred income
**10.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
**65,118**
**TOTAL FUNDS**
**65,118**|At
1.10.23
£
**209,835**
**209,835**
Resources
expended
£
**(143,069)**
**(143,069)**|**Listed**
**investments**
**£**
**726**
**15,033**
**11,457**
**28,268**
**31,822**
**9,171**
**25,926**
**122,403**
**2024**
2023
**£**
£
**8,331**
9,094
**2024**
2023
**£**
£
**5,100**
4,620
Net
movement
At
in funds
30.9.24
£
£
**(62,025)**
**147,810**
**(62,025)**
**147,810**
Gains and
Movement
losses
in funds
£
£
**15,926**
**(62,025)**
**15,926**
**(62,025)**|
|---|---|---|
continued...
Page 12
**THE GEORGE ADAMSON & TONY FITZJOHN WILDLIFE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **10. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|At
1.10.22
£
**Unrestricted funds**
General fund
260,427
**TOTAL FUNDS**
260,427
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
59,755
(119,518)
**TOTAL FUNDS**
59,755
(119,518)|Net
movement
At
in funds
30.9.23
£
£
(50,592)
209,835
(50,592)
209,835
Gains and
Movement
losses
in funds
£
£
9,171
(50,592)
9,171
(50,592)|
|---|---|
## **11. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 September 2024.
Page 13