FINGiuf4GHOE CHURCH GREEN TKusf LIMITED CHARITY NUMBER 17914A LMAlly f4UM15LKOJ474bS5 FINANCIALsfATEMENTS th TRUSTELS, ANNUAL REPORT FOR1HE YEAR ENDED 31 DECEMBER 2024
FINCIUNCHOK CHURCH CREXN TAurf LIMITED COFryENTS FOR THE YEAR ENDED JJ DECEMbEK2+)14 Pa8tt Ch•rity Infornjlion Tiust¢es' Annual Rep)rt 24 lrtdepertdeni Exwnirtvs ReN)rt ststemenlofFinciII Ac¢i¥iri¢s Dolth¢¢ S¢1 Note5 10 the FinBn¢ial S¢oturnnis 1.15
WINf.R TNf.HnF. r.HtiiicH citF.F.N TRITST I.IWTV.n FOR T1 YEAR FDED JI DECEMDER 2024 TRUSTEES: Mr S Ixvenc Mr RBadey MrRHam Mr V McNaught Mrs S M¢N4ught Mr S Allsopp Mrs K AlpP ReJiyKd 31 May 2024 "8d 8 Junc 2025 COMPANY SECRETARY: Mrs K Allsopp Mys S McNau¢tLi gKd 8 June 201$ AppJin*d 8 Z02J PRINCIPAL ADDRESS.. The Fingringhoe Chwth Gtttn Tn Chtkroh Rolld Finyin8kne Essex C05 7DN INDEPENDENT EXAMINER: Deouimni Seymour 47 Ejuit Road Colchester C03 3BZ BANKERS: Bartl4 Bank pk 9 High Street cvI¥lKJ COI IDA Page i
INCRINCHOE CHURCH CREEN TIiUST LIMITED TRVSTEFS. Ai¥NUAL REPORT FOR THE YEAR Ef4DED JI DECEMBER 1OZ4 INTRODUCTION Th¢Trusttes presenttheir annu reprt ioFtt%rwith the thfflentsof th charity fvthe arenthd 31 D¢¢¢mb¢r 2024. The flnancial ¥¢ tttn preted In•CdWith Acp)utMitI8 & R¢tffjingbyawiw.' StstM)I of R¢conunend¢d Pruclice applicobk to tharilie5 ¢pAru their4Colts in Kcotdllnrc wjth F¢ll] Reporting SIBndqrd applicabk in thc UK and b11¢0[d (FRS 1021 l¢fftciiv¢ l JAnwry2O191. REFERENCE AND ADMINISTRATIVE DETAIiS Principal address I'he finyinsknc Church GenTr# Church Rold Fin8rinBhoc E5S¢X C05 7BN Tr1 Thr. fnllnwine Inkstcts ihmiyhNrt i1. Mr S Lgvtne Mr R B4il¢y MrRHHrn Mr V McNallB MrJ S M¢N•usht Mr S Allsopp Mrs K Allsor4J R¢si8ncd 31 May2024 Resied 8 2025 STRUCTURL GOVERNANCE AND MAT4AGEMENr The thity is Coll01[ed by its ioveminRo&)¢unrrt idr¢dof trust and ronitslles4L limited(fffl>8ny. limi by 8u8Nii¢¢, ¢rth¢d by th Comp•ni¢s A¢i20Q6. R¢trnltmettt Axd •pp¢inlm¥l pf •ew IT¥rte All TrMthc¢s art bri¢fa on Ikir rcspjnsibililicsu I1CCS thcir x(£Frtan ofthc role. Trt *all hold vir¢ wilbl page 2
FINCiIINCHOF CHUPCH CRF.F.N TRIIST I.IMITF.D TRUSTEES, ANNUAL REPORT ICONTINUZDI FOR TIIE VEAR ENDED JJ DCCEMDER 2024 I he Irusttts hold medÉn8s eVerythe moniiL%aiwhich i%ioJis Ye m. Tr have a thjty th 1thfyaa YevKy¥ li th Wthith the th¥ity iexp)sed erwe PFwriitt controls w¢ in placc 10 provjdc TC)&bIt assurnncc Iraud aNJ ertor. irtLtttes havttxaminell u major slrnlcgic. busirK55 and opcTrtional risks whith th¢ Charity faces and that Sy5rerrG havc been ¢s¢ublthd lo eD5ure r¢yJlJr rrp)rL% w¢ foTTn&%t¢utO CWUTC ail nwaryal0nS ar¢ thk¢n kn Ic5scn th¢ riJk OBIECTIVLS AND ACTIVITILS ThG TryJt wllsistobiiJlNi by sift of th[ old •blG ymd •Dd adj¢ 1MI orrii18rinsho¢ Tla by Mrs Cl?udia Lcnnon for b¢n¢fi¢ofthr [idents of F8nnghQ¢ and othcrcivil PArishc5 0S5hHII cowrid wiihin the Iy>urtdarSorC0ichecrBr0gh COU¢11. In P1¢1¥ il 15 w provith housing forth¢ ¢ldv.rly. In pvnyi¢k fHe.iliiie£ frr rre.r¢•fiOD. If hiildineq of pgrtinilir Iw&iity hiqlrtTir.Il intr%t Bdvthtt tduc•¢ion in the iFyreciry¢ionofthe PUBLIC BENEFIT Thc TrustcLs havc CLrylicd with the duty in Section 17151 of Ihe 2011 Charrf AW w hAve due itgwd 8uidan¢¢ publis1d by Clwity CoiluiliSSiOIi ui iG4Jt¢ivf ui VI11¥ liv11iC& fui T. hv¢ k¢0 this ui min ACHIEVEMENT AND PERFORMANCE Chirltible Actiti The 6 shrlitr¢d honKs for ¢ltsiy. tO8lKr withw&n's 1985. In 1990 oneof the dEr¢lict stablqs was r•6Lor¢d, pwtly io a ryGid•n16' Mmmon r¢0 th•n in 2020 4ddiiiotMIl rowJvaiions woftb ¢orriod ou¢ to provid¢ 4 ¢omThmlty&¢E 2023, the lTdcD's wii converd inlo 2 fwther hoftxs thert are rKJw i¢ slKltcr¢ÉJ hons. PerformAnct A 8o¢d y¢, but Oirt wliidi i¢guiied tht T¢fwbwsliiiJEiilofwi 1111]1l UC WLIVGL>WJI of ¢he wgxdcrt unil 2 urti The Tn Li in a50und F#JsrtiorL The Trnstres have hlld ts vaJu&iion orth¢ $1 thk% ill5ufdn purpox5which vllId l5cIrn1 of the buildinK5 It £1,875,. This VDJUC ¢kn5 Dot Incl LAnd whKh would bc diifL¢uli to of th¢ p&noin8 ronthints on it. PaKe3
PINC¥tINCHOF. CHURCH CPFF.N Tru>r LIMIITD TRUSTEES. ANNUAL REPORT ICOTrrnNUKDI FOR TIIE YEAR ENDED JI DECEMIIER 2024 FINANCIAL REVIZW The 1&1 Incomln£ r¢sourc¢s forthrjty to £J8.101 12013-£30.710J. Exwidits¢ for the anud w £38,101 12023- £33.4611. Nct gains on £595 (2023.. £2.4381 whith brought a for thc )Tar of £10.90] 12023.. £5.687). VOLUNTEERS Tht Trust no paLd ¢Ph)E¢S1 sokty by 1012023..101 wwaid Vol[¢¢S. The Inthsexpress RESERVES POLICY lh¢ res¢rves wlicyot Ux"Irust Lsth tsld wv¢i•¢¢s •nd PTovide lor lurther developffttl of the TWL Approved byortsrofth¢ Boord of on 19 June 2Q25 d51d on its bchalfby. Mr V McNaught Page4
FINCIUNCHOE CHURCH GREEN TRUST LWITED INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMbER2014 Indeptlldtnt lminer'S rert to the TTUSleeJ of FitiymKhM Church CTeeD Trust iAmTted Wr LryuLLvii ULLVuikLSufK TE¢ fui rLidEd J I fkwTuiu 2924. O tv IS. As th¢ chirity5 ofthe land also itsdirttr5 for th¢ pwpjsesof ¢omkWy knwl y)u art restrt)5ib[e for tht pret4riw o(th¢ Dr£ouNs with theQUirMIS0ftht Cornpanies Aci i?0& Aci'l. H&¥8 gaii$fied owlves thttht atc(M¥ysof rquir to t¢ wJit¢d undcr Pon16 of th¢ 2006 Aci and acli81b1e for indedenl¢X1nnI0n. we rt[ in t¢spt of Ovr¢x8n1Oll ofyour chan'tys a¢counLS &$ cayried undersedion 145 ofthe Charilics Aa 2011 { Ihc 2011 A¢ll. In out ffly examin&t)on w¢ hav¢ foliow¢d th Dirttliol gtven ty th¢ Charitycornmiwion unde¥ SediDn 145151 Ib)of th¢ 2011 AtiL Rupectlvt Ruponsibiliti¢J ollhe Trw¢eu ind EXtr We have compleicd ryexamination. We conflrm MA¢1 hav• AttM¢iOrt lib ¢0tirt¢tl with ¢x4min41iort 8iVUl8 us ¢4us¢ beli¢v¢.' l. a¢¢ouniin8 f¢¢Drds w¢r¢ nD¢ kcFI in rc4%dofthc Con¥any as requit¢d bystswon 386 ofthc 2006 1. or 2. fbiixILial ¥Loier1l WL whh I>¢j.. or 3 the financi slatCr)ts do Thjl coryly with st¢iion 396 Afflothttth •nyNuiTemerti tt¢ounti give a InK llnd fair view which 15 T1 a mallere0ndettd &spwtofan indrn¢kn¢CXlnatson". or RecomwKndcd Prac¢ice for accouniin8 and rtpJniD8 bydwiti¢s I Ippli¢blr lo<IwiEi¢sppIrlng di¢ir fInanal
al¢ThcnlS In accord¥AK¢ with the Financial RenIng sthrd aPPti1¢ in UK and R¢publi¢ of Ircl4nd
IFR.q I(J?.I WL Iv¢ L4J1¢rn¥ ¥NI h •CTLW Th)oth¢rMmTr In contwlw wlEh th¢¢xwnlllw ¥Yhl D¢leThiion shollld be drnwn in thi8TtF*)rt inorthr ¢n•bk i wwutyjeNin8Or th¢ finwKial statcThKnts kn be rellchcd. Beltsmonf 5¢ymoMr Chort•rnd Cqrfifjed Aooowbltsrt 47 Bun Road ColchesiET C03 3BZ Dal¢'. IY JurK ZL125
FINGRtNGHOE CFtURCH GREEN TRUST LIMITED STATEMENT OF FINANCIAL AcmiiTIES FOR THE YUR ENDED 31 DECEMBER 2124 Nol 2024 1023 INCOME RLSOURCES Income frrffi. 854 46,354 1,201 Choritsblc aciivi¢i¢J InvesthnI incorr 33.097 2262 48.409 3A710 RESOVRCES EXPENDED Lxpendiiure on.. Churilobk a¢livili¢s 38.101 33.461 NET INCOME IOJ08 3.249 Nel110sxsY8llinJon inV¢sunerS 595 2.431 NPT IF.XPF.NDITIIRF.V INCOM 10.903 5h87 RECONCILIATION OF FUNDS TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD 134,251 128,564 134.251 All infon% and ¢Xpd1bjr¢ in th¢ •¥e4nd ¢wr¢nt StrtsThtrfFWK1II AthiviWwere unr¢siTiEtcd from qOhlinuino N¢livlii•& The Stst¢nKniof A¢iivrti¢s uhduthslll 8•insor Jo3J ffcoyid in th¢>w The notti on 15 fomi word S¢BtcnKn Page6
FINGRINGHOE CItURCH GREENTRUST LIMITED BALANCE SHEET FOK THE YEAR ENDKD JI DECEMBER2•24 Notes 2024 2023 FJ.YED Assrrs TanBibk Invcsthnts 109.566 26.942 13ti,508 99,144 11),4YI CURRENT A&SETS Debtors 783 40.046 1.065 36.P62 TOTAL CURRENT zT5 40.129 38.027 CREDITORS.. AttUnts lalling dut Wiihin on¢)w io 1.564 5,488 NET LURXEN l 1 J4165 32,53Y TOTALA&fjETS LLSS CURRENT LIABILITIES 161.773 158.030 CREDITOILS.. AnlIn[S fallln8du¢ fter ¢)n¢iT Al 123,019) 12J.i'iYI NET ASSETS 14 134JSI ur4DS UTr I'HL CHAIUTY Unretyi¢t¢d funds 12 145,154 l34,25J Ile ¢hariuLble ¢onyny ts ¢mided fTom audil under SectKJrt477 of Cmpthies Ad2C)6 fcrf the )w ¢ndcd 31 tkc¢mkr2023. The have LWI re4Urtd ¥¢on4>w knobtsin •IllOr its fwn¢ial sr•ments for ¢IL¢ )r ended 31 D¢(¢mb¢r 2023 &¥iiwi476 Ad2(M)O. Ihe Irusiees k)w8¢ Ih¢ir rowL%ibilitKs lor. lul ensuring Ihai th¢ chari¢abte £txrouThy ke¢p5aon1I1T¢¢ordslh01C0nWtYIth SethHin$ 386 and 387 ofthe Compan5 Aci 2006; and {hl prepnrine finnrI1 tstemrni$ tdbirh 8iVt a iThe And fgir of of Afhirrofth¢ ¢haTi14blt eornparty Iht end ofe%h fin4ncial aThJ of its suTplus or defL¢IL for each fitka¢KitiJ )rar in •¢cordancc wilh the reqlliremmtsof SEGilon5 J94 and J93 whlch oth¢Tr wly with the rtgUiM%MSOfthe Aci IiKlb Telaiin8 fuwi¢ial 51g¢cwKnts, so fgr applicable Iht dwithbk mpTry. Th¢Ee f&¢1&[ b••n pr•pur•d in a¢¢OTkn¢ With tho proV4QnJ4ppli¢obk to<hBritAbl¢ ¢orrywiFs subi¢th th¢ small compsnicsTe8itr. Approved by ord¢rvfthr Board of Trua¢cson 19 2025 and siBrdott iLs behalf tr. Mi V MbN¥u¥l page 7
FINf.RTNr.HnF. riRC. r.RF.FTrI TRII4T r.TMrrF.n NOTES TO THE FINANCIAL STATEMENTS FOR TJIE YEAR CNDED 31 DECEMDER 2024 I. BASIS OF PREPARATION Compny informatio ringrirtghoe Chur£tL Green iimi¢td isa pri¥1 ¢knithk ¢ofvpny wthich •$ in¢orpO in England Attd limitrd hyguaYnite knd ht0rl&L The flnancial slatmontr of th¢ chpriwbh bfyv¢ b¢m pryr¢d sn with th¢ Chw¢Li03 SORP{ FRS 1021'Accounting and Reportsn8 by Charilit&' Statcmitof Recomrrmlcd Practice applic4ble ¢0 chamiies prtparing th¢ir in with thc Financiaj Rcwrtin8 Swidard 4pplicobie in the UK d Republie ofirtland (FRS 1021 ItffeeLiVt l Janwry 2019y. Financial Rcwiing Standard 102 Tr Finallcial ReprtlJl8 Si8thknd #pplicabk in the UK R¢wbli¢ of Ir¢bnd' 4nd th¢ CompBnie$ Act 2NJ6. The rijianciol arcThxnls have Ixcn Ppated und¢r the hisloriul ¢onvMurJ. wlth th¢ wion ofinv¢siinet which art includcdal mvkci vluo 8S ttk)dIf by the of CC1 Coing tont¢ lThe TrL1ty¢5 have 1 the lin of iH>rovinB the extION that the ehATityh •d¢quat¢ $OUr¢es w coniinue inorrtMionaltxi•ence rot th¢ foTese¢•bk fulurt. Thus IlKy¢fjtttin pt 8oln8 ¢onurn tyasis0faceo11n8 in p¥¢partD8 th¢ flth9rt¢ si•ien%iii& 2. ACCOUNTING POLICIES Incon% Is wlsed In full in lthe Acu¥1 I'7oVA"I In thc)rar oncc IIK dwrty ha5 enliil¢nMtto thE fun it is probAbk Ih•tU uKome will be retei¥ed th¢anwNun Ix Offs¢ithg There has bten Th) of lid)ilities or in¢onK 1ndexpc. Grints and DooAtIoAI Grants and donAtions art OtLty Ènclu(kd in th¢ SOFA rettived In th¢ C4K¢ of perfomMThc¢ 81&h ih¢om# isonly r¢01£ to th• •11 ¢lwl th• h&8 provid¢d th¢ gDod5 or rvitts a$11k[rnI tothc grant onlyc$ the orJrAnc¢ r¢l•iedmJOLtsoll5 #r¢ nKL Incom¢ from iileml IntcrcJ( incomt trom is in thr 5TrFA VQS$7ln {¢1¥4b]e. Ltgtk5 LcgacK5 att MKluded in IhE SOFA when re¢upt is probAI)ie. Ihai o when ittert has been grityt 01 WOblt¢. th¢ exccutors have estobli%htd ¢her¢ SUITlct the e#ate 3A4Y VnditIonS allathed to the Icg8¢y ate eitherwÈthin the cofttrol ofthe ekntyorhavE tffn nKli%f0 is rtteive Pa8E 8
VINf.RINe.Hnp. e.HIIAf.H r.RF.W.N TRIIT I.IMITF.Th NOTES TO THE WINANCIAL STATEMEf4TS {COTfflNUED) Foji TIIE YEAR ENDED 31 DECEMBER 2014 2. ACCOUNTING POLICILS: INCOME{copmNUED) Gov¢rpm¢nt Er•Dts Wh¢r¢ Ihe deV¢l0pmlhaS bcen fanCed wholtyorpwty by9xial housifts the COSLof th91 rircumthc¢& Tax rtclAims on donAtioni slft Thc chariry is no( resi%teTed fot gift akl dw¢ noKift •J ye¢¢1bk ¥ iKluded irt It0. Thi8 i8 only itttluthd in the SOFA the ¢h3rity providrd retht gLSLy xrricesor the perfornxnce ttlad ¢okdiiio Don8t¢d JerYk¢¥ f•cllilb DonBi¢d s¢rYi¢esoDd faciliii¢s ate included in the SOFA when 1¥¢4 th¢ value of thelift to the dwity proylded thc Val ofthc 81ft can b¢ twwted r¢llly. Volunteer htlp viluc of•iiy volunw h¢lp rettld i$Thx wKlud¢d in the ststerrtnts is d¢db in thc Truee'i AnnuAI R¢port. S¢¢tl¢m4ni tyf inJ¥r•N¢t diiThi Iii)Uldli¥¢ ¥luili viily lili1u ui yPA WI1 dL¢ m>4liÉLI¥iL I1 ¥r¢ incltthd gn itcmof other I[oMe in the SOFA. EXPENDITURE AND UABILITI LIAblllty rttogllltlon l.iahililir¥ TP rpro8Thi5ed where il is IielyihgA Ihxl lhe 1$ 9 It811 ot cotistlIVe obli8&tiOrt thr ch4rity lo py outTC50urtts and thc aThunlofth¢ob1ii0n ¢an t¢ ftwjrtd with reLwnbl¢ ¢eylnly. Grlnts wlih performin¢e ¢owdltio Wh¢r¢ th¢ chuity SiS a graN di1)n5 for )nn(bell)E aswifi¢ k1 of%rvir¢ oulpul to prOYid¢d. au¢h $rknts dr¢ onlyrw?yi%d illttK SofA th¢ ¢pIEorth¢ wl pmvida th¢ cir4 sl¢Vr¥EP Granu payablt wllh•ui ptrf•rr•Mte coDdlll Where ijxrc 3r¢ no coThdiiions allathine the prani thai eJabksthodoMrchwityth T¢blj*iEwlly4voKI rnmithKK ll Imbility forthe fvll (uNlmgObligan mwtbe TtCO8nised. Pduf 9
FINCRtNCHOE CHURCH CREEP4 TRU UMITED NOTES TO THE FINANCIAL STATEMEf4TS ICONTINUEDI roR TItE YEAR ENDED 31 DECEMBER 2024 I. ACCOUNTING POLICIES. EXPEP4DITURE AND LIABILITJLS ICONTtNUEDI RedundiThcy Cost Thc charity is operEd pu[Y byvduDt¢cr stllff aud lh¢r¢fO w Teththcy Pa wrtemoth during d rep)rting per. ExndIr E.Xlldl1u1¢ is accound for tsh an attrtth b¥is and hLs b¢¢n EknifKd under headinBS lIS2T¢S all eosi ftlaied ¢Atrry. Where rosts b¢ diTlty aNrilwd WJ prticularwiny theyhave been aliocotcd to ac¢iYit1¢so a b8sis consi8ni wilh of rvr¢¢$ D¢ferr¢d Inrom¢ No maw1 itrmofdeftffed h$ b¢M inriyd¢d in thr Crtdlt• Charity h•5 Credir$h1ch kss di5CQUrtts. Prwlsiom for Ilbili¢ies A likbility is n%Hsur¢d on r¢co8nitional lis historiul cost then bestcstimte v1.1 •rNuni to J¢tsl¢ obl¥aiiuii al TixJlx)n Th¢ choriiy i%exahpi from WA¢ion on its chuiubic acliviii Th¢ chgyity is Mi r¢8iSTed forVAT, thCreforeeXdIlUre in the SOFA inchs the w¢l¢vani VAT. A&$ I'IN8ible Iixed t•r ike by thrMy Th¢sc ue CDpiiailsed ilthey¢•th b¢ Ijxd forMrti ¢Jiie)rir •¥J coital kw51 £IW. IW are ylled It Q)SL Dew¢¢th¢lon ts wovid¢d th¢ folbmn8 annu order LOTiieotf¢¥hawiov¢r its¢stsmai¢d u5etul 14owing PToprrtie5& IrnptoverrS VI[ & MthuKry .25%on red8 Tangible fixed ex¢¢M knusing aTE ato)st tyttiation. 1¢ TtuJiGts wtiskk¥ dilt thr trskluul Y8] thc rw Ivjpk 1VE In th¢ d no depre¢iabon would be appmpria. tblo Debitrts ItiLtlwlin2 trwk dcErtOf5 and reccwabkl are nKayJred initi reL%)RniR atf£ttlerrrtt 8ttKFlllltaftcr any tradedi#ow)ts or arThj1 advanced bythe¢knity. Subwvnily thy•rr atthc page io
FINCIUNCHOE CHVRCH CREEf4 TRU LIMITED NOTES TO THE FINANCIAL TEME1 ICOKnNUEDI FOR TIIE YEAR ENJPED 31 DECE,MBER Z014 2. ACCOUNTING POLICIFS: ASSETS ICOiYTINUEDI Cash al baDkADd in hllld C&5h bank is hcld on a 5horttrrmt45is •swothng¢0pithI and kcovff l&tleS wth Arplus nKJnies n8 tnk Jntrr¢st. 3. ANALYSIS OF INCOME All income irt the •ndauT¢N Stu0( Athivi wer¢ 2024 2023 •nd le8*¢ Donations and gifts 854 1.351 ChAfitAbl• Artlvit kcnt 46.3Y 33.097 TOTAL INCOME 47,208 4. INVESTMENT INCOME 2024 ioz) Divldend income 315 Bonk int¢w¢ 947 2.262 1.201 pyii
VINCRINCHOE CHURCH CREEN TRvsf LIMITED N(YTES TO THE FINANCIAL STATEMENTS {COltllNUED) FOR TIIE YEAR CNDCD JI DECEMDER2024 S. ANALYSIS OF EXPENDITURE All CndItu1r in thE comparnlive cutTcnt st0[ Fuwlcial ActiviS unrcstrict&t 2024 102J rioFW ¢U(lI18¥xJKlU¢3 OV¢ih¢ts Propcrty rcpair5 and maintenance Depreciiiion 8,454 15,311 9.375 48 7.907 15,969 5.823 249 2.440 975 45 53 Loan in¢¢Te IndeFYnd¢nl examin¢tr5 [WrAtIOn Legal & prof10naL fees Sundry 2.427 2.054 433 TOTAL EXPENDITURE 38.101 33,461 Th¢y¢ Mi si•(lerykn)rd by the chantyl2lllJ.' M aall uw>io)tdl TheTrus¢s r¢¢¢fvtd or bentfity from thechlrirythirry >t•rl2023'. none) E12
FINCIUNCHOE CHURCH CREEN TRUST LIMITED NOTES TO THE FINANCIAL sfATEMENTS{CONTINVED) FOR TtIE YEAR ENDED 31 DECEMDER 2024 6. TANGIBLE FIXED A&SETS vropenv Vlint th Total C03T Ai l Janll4ry 2024 Addilion5 DiJVOSdls 4&218 SS,353 18.972 L971 825 IOS.542 19,797 Ai 31 DcttmLrT 2024 48,218 74,325 125.339 DEPRECIATION Ai l Jattuary 2024 Chw8e for the )rat Disposals Ai 31 202 S.535 8,953 6,398 9,375 422 14.488 NET BOOK VALVE A¢ J l D¢¢¢mb•T 2024 48.211 S9.B37 I,sii 109,566 Aijl D•cember2023 48.218 49.818 1.108 The howin8 properti¢s y¢ $14)wn aft¢rn¢ttin8otf th¢ w¢i•l l*)usin8grtht of£181,455. lThe ¢osi belore thductin8 the111 £2YJ.673. 7. FJXBD ASSET INVUYMÉPITS 2024 2023 MAKKE I" VALUI A¢ 11 tK•cem 912 26.347 NET BOOK VALUE At I JknuDry Dispogl Re¥VatIOn At ) l D¢G¢mb Thcrc ar¢ no invethntsouL%ide the UL 26.347 4a,908 119,9991 2.438 26.347 595 26,942 . DLBIUHb AND PREPAYMENTJ 1•24 2023 PrEpartnts l.Q65
INCRINCHOK CMiIRCM CRgEN TRUf LIMIIED NiyfEs TO THE FINAf4CIAL STATEMEfm ICONTINIJKDI FOR IIIE YEAR ENDED )1 DECETrIBER 2024 9. CASH AT BANK AND IN HAND Vnresirttw f¥Ad5 R#irk(¢ d$ 2023 31046 36,962 10. CREDJTORS AND ACCRUAIS 1024 2013 Amouts fllbor dotwiihib otte ye#r Trlousin8 loan Oiher¢rediiors AttruaL8 276 4.267 945 6,881 1.535 Tul#l IJ. CREDITOJLS AFTER ONE YFAR Huwisi8 iv1 23,619 13,779 Thk ID#n 1$ ¢ur¢d by th¥¢¢if tharg¢ on theTrthhw woputy. The to8n is repb by inimtn¢& Re.pnynw.nrq Aitrine rhp. f?Iti (?4. f?741 f?? 14$ I1. V? 18fl is for by instlnnl on¢r five ye. 12. CHAIUTY FUNDS 2024 2023 Gener4lf¥nAI Ai l Jat)uary 2024 Incomlng rcsourccs R¢soiiTCCS ¢xpen¢kd Invu¢m¢nl Iloss¢5ygains Movtmthi i# funds for the ytr 126.2SI 120.564 36,710 133,4611 2.438 138.1011 595 IQ.SN)3 5,667 Gemernl fwid al 31 De¢eth2Q24 137,154 126 251 Tolxl #ArOstrkt futtds 145.154 page 14