Chalty R•glstratlon No. 281x162 THE BS CHARITABLE FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
THE BS CHARITABLE FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees MrDBBlad MrBSe Mrs S Seitler Mr L Seiuer Charlty number Prlnclpal addf*S 4 The Cottages Deva Centra Trinity Way Ma[he$lef M3 78E Indepgnd•nt •xaminer Sinon Kaye ACA CTA 1st Floor, Clcrfster Ri¥ershle New Bai18y Slrnet Manchester M3 5FS
THE BS CHARITABLE FOUNDATION CONTENTS Page Trustee8' rerrt In¢kpandent &xarnlnerfs rew)rt Slalemenl of finan0 acNi Balan¢& shegt Notes to the ffinancia] statements 6-14
THE BS CHARITABLE FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 Th8 Iru818es prewt thèir annual r8Wt and financia $Lements for the year ended 31 MaTth 2024. The accounts have been prepared in acs)rdarte wtth tho ]ubj p(Aifi0s set out In notg 1 10 the a¢¢ounts and comply with the charitvs tnjsl deed, the Charities Ad 20118nd 'AcixJunling arKI Reporting by Charhlos.. Slattsmenl of Rewmmendad pract applicabla to Chare$ prewing Iheir accoun15 iFb aCcoTttawÈ wtth the FIfianal Fieporting Standard 8pplicgble In the UK and Republ of IreLgnd (FRS 1021. {as arnended for arLountwig periods commencing from 1 January 2016) ObJe¢tlves and aclfvltle8 The ¢harfty SIS lo r8ceive and distribute chaiitable donations to cause5 within the Jewish communKy. Tho tjuslees wnfirm that they hav8 ref8rr8d to guJanTr contaird in the charity ¢yJwntnis5ions general guidance on public benefft when reviewlng the Trusts wms and obiecbves and in planning futhre admties and setbng the gtant making policy forthe year. The charTils main Inrne is generaled from inves1ment irKome and donathjns under tho gllt ald aThJ most of this incoffl8 15 di51llbuted lo re4iglous, educalonal and simiLar charis. The objedNes of the tsusl for thè year are to malnlwn a slablè ftow of donatiMs gn9 to worthy caus8s in the Jewlsh commuruty. The trustee5 also aim to e>pand Ihe tharitls investrw)I portfolK) whgn8v8r the opportunity ariso8. The tnjstees have iderrtified a number of Ckthodox J&Sh charitS 1¢h rrfofoss and teach the principles of tradition81 Judiasm or whith cary out admties whith advan relvJK)n in t[la[e wlh the Orthrxlox J¢wi5h falth. Grants 8rè gN8n on apption to the trustees by th&8e OT similar tharthes. Achigv•m8nts and perforniance During Ihe year the trust made donatlons to 8 wid& riety of charibes within Ihe Jewish community. The charity believes it has achieved ils aims in defvering wblic bènèfft by sIsSfUl dislributiry all of its incoming resources plus $h reserves to the its identified worthy causes. Remaining rpserves in bank and doFxJsII acc(MJnls a availalAe towards future Invgslmènl pur$S. The INstees are pleased with its investment perf0rrnan and with the level of donations givèn to worthy eauw. Thè trust holds thre8 UK freehd properties as irtvestsllewts 5hare5 of another iwo invesbnent properties. Thtee requirernènls aro lo expand the thariiys and are conslanlty thh'ng forfurther in¥estsnents. At the year end Ihe trus15 investments ¥aed al £1,262.1TI. The investrnents retumed a nel income in the year of£89.002. Financial revlew During the year the charlty recelv&Y donation inerniè of £122.548 and in¥6Stmenl income of £89,CKJ2. This gave the d)arity a total incx)me of £211.550 and distrrLwled £289,804 to other chatrty and good ¢auses. After other charitable expendire in the year and a d8creas6 the market Vdlue ol VeStMents. thwe was a de¢xeaso in the charitys reserves of £81,275. Thero 48 no fomal wJlicH to maintain a set18vel of reserve5 and the charity a5 to distribute all availab incorne lo relig•Jus, education and Similar taritss. At Ihe balance she8t dat8 th& charity had unrestrlaed re8eNes ava1[ab to tt of £1,317,986. This Indudes 9h reserves of £74,333. The bste&S nsider Ihat this is an acceptab Ve1 of cash reserves in order lo IMmed81Y be abl8 lo donate a large sum rf reqiured or have fwKlin9 for obtain fither invesknenls. The INslees are experienced propety invostENS and have invested Ihe tharivs fiJnd5 into PTopertie$. Investments are chosen on the basis of achieviw a yidd in exctsss of that available from ¢ash deposits while maintaining a high degme of sécurty of inrA)me. The Ghariws investments gerErated an eXCnI rotum on capitl invested thal the tmstees are very pleased wth.
THE BS CHARITABLE FOUNDATION TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The iruslees have assessed Ihe tnajor risks to whK* the ¢harlty Is exposed. and a s81i$fied that systèms in place lo mgate eXF4)sure to Ihe major risks. Plans for future periods The trust plans lo ntinUe lo seek donation$ lo anable Ihem to rfistribule the monies throughout the Jewish community. The INstees will (y)ntinue to purthasè futh&r hvestsnents when they beliove it is in Ihe best interests ol the tharity. structure. govemance and manag•m•nt The tharity was èst3blish8d by a thaiitable deed 25 March 1980. Thè truste8s served during the year and up to the date of wgnalure of the fv)aniyal statomwls wwe.. Mr D B Blad( Mr B Seiller Mr5 S Seiuer Mr L S@itlèr Appointment of other trustees is at the diSCTell£ of Mr B Sth. Mr L Soillgr and Mrs S Serfler. Training wouhj be offerod lo new trustees by the existing tNstees. All de5asions made on beha01 the tNst arg ma¢Jo by Ih&tsustees. The trustees are responsible for Ihe prowsion ol mean5 to th5tribute tharitable d¢)nation$ to wortlry causes. The trustees, rel was approvad by th6 Board ofTtee5. MrL itler Trustee 5 Novomb¢r 2024
THE BS CHARITABLE FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BS CHARrrABLE FOUNDATION I r&port lo tho trustees on my examination of Ihe narla1 stateMt5 ofThe BS chilable Foundafion (the chartyl for the year en{ 31 Marth 2024. Ro$ponslbllltl&8 and basls of report As the Iruslees of the drity you are responsib for Ihe prepara1¥ of the finano81 slatemenls in accordance with thè r8quir8ments of the CharitiesAcl 2011 {Ihe 2011 Act). I report In Tespect of my ex8rninalion of Ihe tha11$ finawal ststements wried out under Se(5 145 of the 2011 Act. In carrying out my exarninatv)n I have fdlow8d all th8 apth'cable Dwections grven by the Charity Cornmis6x)n Lder sgGtion 14515llbl of the 2011 Act. Independent examinerfs ¥latement Your attention is drawn lo thè fact Ih81 the charily has prepar8d finaNJal statements in xcordance with Account¥ig and Reporting by Charities pParIng ther B¢xounls in a(XxKdan with th& Finanryal Reporting Stsnd8rd 8pplic8ble in th& UK and Reput1¢ of Iretand IFRS 102} in preferen to the ACuntIng and Reporting by Charities.. Slalemenl r)f Racommended Pradice issued on 1 April 2CQ5 whKh 15 referred lo in the extant regulations but ha5 now been withdrawn. l understand that this has b8en done n ordor financil stateMts lo prod a true and fair view in ac¢ordantte wfch Generalty Accepted Accounting Praraice effecbve for reTh periods trfinniw on or after l January 2015. I have completed my examination. I confim that no matters ha (x)m8 tr) my lention in nn&etM th the examination givtng me ¢au5e to trdieve that in any mat@ri resp8et'. a(wunlityJ ro(y)rds were not kept in resivt ofthe charity as requKed by se19n 130 of the 2011 ACL or the fingn¢ial slatem8nts do not aeLord wlh those rdS.. or the finanaal statements do not c4Jmpty wrth Ihe appce requementS o)nceming the form and conlenl of ac¢ounls sel out in the Charities (Accounts and Reports) RegalS 21K18 other than any requirerr*nl that the aLwunls givo a lfue and fair whitth 1$ not a malter Cdered as part of an independent èxamination. I have no cOnmS and have come across no olher malters in connecbon with the examination lo which attentn shoukl be drawn In this ptsrt in order lo enabk a wop6r understanding ol the ana31 staternents lo reathed. Slmon Kayo ACA CTA 151 Floor, Clokllw House Rfveiside Now Bailey Slreet M8nchèstar M3 SFS DatgJ.' S November 2024
THE BS CHARITABLE FOUNDATION STATEMENT OF FINANCIALACTivrriES INCLUDING INCOME AND EXPENDuRE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Total Total 2024 2023 Incoffle from: Donations and legac¢es Investments 129.325 89.003 122,250 119,595 Total Incorn• 218.328 241,845 ndlture on- Charrlabla 8ctiwt'8S 289.804 274,788 Net gainslOo8ses) on investments 11 13.021} {13,S33) Nèt mov•m•nt In lunds 174,49n {46,4761 Fund balances at 1 April 2023 1.399,261 1,445,737 Fund balances at 31 hlar¢h 2024 1,324,764 1,399,261 The 51alernent offinancAal activtties iThJudes all gains arvj lo& rwnised in Ihe year. The statement of financial acbwlies indude5 al gains ar*J10sses rgcognised in the year. AU ino)me and 8xpenditurg derive fmm continuing aclivrties.
THE BS CHARITABLE FOUNDATION BALANCE SHEET ASAT31 MARCH2024 2024 2023 Flxed assets Tangible ass8ts Inveslrllenl property Inveslrnents 13 14 15 582 1W2,176 776 1.262,176 61.948 1.2S2.759 1.324.900 Current assèts Debtors Cash al bank and in hand 16 21.189 74.333 20.532 93.317 95.522 113,849 Cr8ditors: amounts falwng due wlthln on0 year 17 (33,517) 139,4881 Not current assots 62.(5 74.361 Total a88ets less current Ilabllltios 1.324,764 1.399,261 N•t a¥s•ts ¥x¢luding penslon Ilablity 1.324,764 1.399,261 The funds oflhe charlty Sharo capital Unrestricted lund8 100 1.324,664 1C 1,399,161 1.324.764 1,399,2S1 The finanaal 5talernents were approved by the trust88s on 5 No¥8mb8r 2024 Mr L Seiller Tru$tso
THE BS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL sTATEmEPs FOR THE YEAR ENDED 31 MARCH 2024 A¢Gounting policies Chaylty Infomiatlon The BS Charitable FoutKlation is a ¢thariiy estthished by Trust 088d on 25 Mar¢h 1980. The chlty InSts In properlles and dIsbUt8$ montes throWout the Jish o)mmunty. 1.1 Accountlng convenllon The financAal statements hava b8én prèparèd in a(Xdan with the charity's Igoveming docurnenll, the Charities Act 2011. FRS 102 Tr& Financial Repvig Standard app11rab in the UK and Republic of IrelaTh rFRS 102.1 and tho Charities SORP 'A¢)>)unting and Report'ng by Charftie5.' Staternenl of Recommend Prad¢e applicable lo (arilie5 preparing their aco)unts in e0rdance with the Financ4al Reportiry Standard appllcable In the UK and Republic of Ireland IFRS 1021. (effethve 1 January 20191. The thartty 1$ a Publ Benefrt Entty as defined by FRS 102. Thè charity has takèn advantago of the provrsiorts in the SORP for thaiilies not to ppare a Statement of Cash Fkjws. The ffnanrAal stalements hav8 departed from the Charities (Accounts and R8wxtsl Regulations 2008 onty to the axtant raquired lo provide a true and fair view. This departure has invofvwj fomwng the Slatemant of Recomrnended practs" for charibes apthing FRS 102 rather ttwn the ver3h)n of the Ststomenl of RecoJnrnended Pra1 whvth is ref&rr8d to in th8 Ragulalions It has Sir been wilhdrawn. The finandal stslgmenls are pyepared in sterling, is fU10nl cmncy of the charity. MMotary amounts in those slalemenls are rounded io the nèarèst L The finanaal stalements have te¢n prq)ared under the historical cosl [Vention. The Mndpal acojunting policies adopted are set out bekw. 1.2 Going ¢onGem At the IiTlle of approving the finaal stataments, Ihè Irustees have a reasonable expecktK&n that the tharity has adequate resources to continue in 0rat)nal exIste for the foreswue future. Thus Ik tnjslees ontinue lo adopl the going basis of ac£ountirvJ in preparing Ihe financial statements. 1.3 Charftsble funds Unreslricled funds are avwlable f¢x use at Ihe disc¥etion of the knstees in ftJtheranc of thew charitable obiecl'ves. Restricted fvnds are subject to speafic eA)nditsons by donots or grantors as to how they may b¢ used. The purposes and uses ofthe r¢slrKAed funds are sat out in the notes to thè finanrial ststemenls. Funds hdd by th8 thaiity are an Unreslricled. These bn9 frjnds whK be used in arA))rdanrh wth th charitable objects al the di5crelKin of the trustees. 1A Incoming resources Income is recognised when the charity is18g• lIt18d lo it after perf0mnCe ojndthns havo been me( the amounts can be MeaSud reliat4y, and tt ts probab Ihat income will be rewved. Cash donalions arè r8txwni8ed on re¢wpl. Other donalions are reo)gni5ed ¢)nce the charity ha8 been notified ol the donat'on, unless performamce conditions require defeff* of the amount. Income tsx recovèrable in Telation lo donations received und8r GrftAid or deeds of covenant is recognised at the time of th8 donab'on. 1.5 Resources expended Expenses are indudéd in Ihg finanual StsleMts a5 Ilw beccrflle r¢Vable or thTe. Expense5 ldUde VATwhere applicab as the charity tnn0t redaim IL
THE BS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopifiNUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounOng poll¢to¥ IContlnu&dl 1.6 Tangiblè fixèd assets Tangible fixed a55ets are inili41ty measured al cost and subsaqu8ntty measured 81 Ix)$l or VaaOn, nel of depTec4ation and any impaimwil kJss8s. Cornpute The galn or b5$ aiising on the disposal of an asset is determined as the dfferenf% b0Evfftn tho Sale proceeds and the carrying value of the asset, and is rec4)gnised in the statemonl of fo)anixal aLivttTes. 1.7 Investment proper(les Investment propety. wtruch is property h8kJ to gam r8rtJs aThllor for pItal apwedalion. is initially recognised at cost. whith includ6s lh& purchasa (x>st And w dire(Jy attrulable expendibjre. Subsequently Is measured al fair valu& at the repE)rting end date. The suU5 or deficrt on revaluation is recognised in profit or k>ss. 1.8 Flx•d ass8t Investments Fixed assat invesbnents a inttialty measured at transaclion price Exduding Iransaction costs, and are subs8quènlty mèasured al fair value al each reFrfxbng dale. Changes n raw value are rocogrusod in net In¢wiellexpendilurel for the year. Transaction costs are expensed as incurred. 1.9 Cash and cash equlvalents Cash and oash equivalents include cash in hamd, deposiis hehj at call with banks. olher short-lerm Ilquld investments with jIal maluiities of three or less. and ba)k ov8r(tr8fts. Bank ovÈrdr8fts are Shown within borrowings in current liabilibes. 1.10 Finoncial 5n¥truments The tharity has eléctèd to 8rwty the prwsion3 of Section 11 'BaS Financ4d Instruments. and Secutsn 12 'Other Instwrnents Issues. of FRS 102 to all of its finanrAal instnjments. Financial instruments are r8cognisl in the thantys bthn s1 vthen the thity becvmes party to the ntradual prwsions of Ihg instrumenL Finanixal assets and liabilities are offset. with the net amounts presgnted In the financial statements, when Ihere is a legalty enfOrable right to set off tho fe(x>gnised amounts and there is an intelltn lo settle on a n8t basis or lo realise the asset a1 5eltl8 Ihe liabibty simullaneou. Baslc flnanclalassets 8a$ finanal assets. whith indude debtors and cash and bank balan. are initiatly measured at nsaction priee induding Iransa¢tion (%>sts and a sub$equenty carTied al amortised rxjst using the offoctiv& intetesl method unless the arrangement c4)nstiluies a financing transaction, where the transactlon is easured at the pi&sent value of the fvture rer*ipts disownt8d at a market ratè of inlèwl. Finaneial asse15 dassified as receivabfe within on8 y8ar aro not amortised. Bask ffnancial lrfabllilies Basic ffnancial liabilities, inrjuding Crt0[S and bank bans are inth.ally rwn15ed 81 tsansaclion pThce unless the arrangement constitutes a financing transa(knn. where the debt instwmenl is measured at the pmsent value of the fvtU payments dis(y)unled al a matkel rate of interest Financial liablities dassifieil as payabte wlhin year are not amoTlised. Dèbt instruments are subsequenuy caNied al amortised cos( ng the effective interest rale meth(¥J. Trade ueditor5 are obligations to pay frx gcrtxls OT servic£s that have been &quthl in the ordinary course of OP8rations from suppli8rs. Anmwnts pay8ble e d8s5ified as current lithlrbes rf payrnenl Is due wilhin one yèar or lèss. 11 not, they a presente(t as rH)n-currenl lialxlrfies. Trade credili)rs are recogNsed inllially at Irdnsadion price arKI subsequently Measu at amortis8d cost u&ng Ihe eftecbve Inte$t method.
THE BS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMEp¥fs {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Aeeountlng pollcl {Contlnuedl Deft¢ognftlon of Iln•n¢lal Ilabllftles Finawal liabilfrties are dere¢(J1sed when the thariiY$ ContraUal olAigalion5 &xpire or are distharged or cancelled. Crlvcal accOunn9 esthNt•s and Judgements In the applicallon of the ¢harWs accountirKJ pokies, the trust8es are required to make wdgemen15, &slirnates and assumptions about the carying amount of assels and liabilities that are not readily apparent from olher sourcos. Th8 èStimat8s and associalod assLtmptions arn basad on historical èxpèriene 8nd othér facto(s that a consid8red lo b8 r816vanL Adual $vIt$ difforfrom thes& eslimales. The estimates and urKlerfying a55umplions are reviethed on an onwng basis. Rew&ons to accounting eslimales are re(wnised in the PeriCMJ in which the estimate is revised ere the wsion affects ordy that period, or in the period of the rewsion future periods wher¢ the rewsbn affacts both Lwrrenl and future perfod$. Income from donaoons and legacles Unr•strictod fund 2024 Unrestrict8d funds 2023 Donafions and gifts 129.325 122,250 Income from invgstments UnTestricted Unrestrict8d funds nds 2024 2023 Renlal incc¥ne Income from tsted investments 85.465 3.538 110,355 9.240 89.003 119,595 Charitsble al¥it1 2024 2023 Depralic and impairment 194 258 Grant funlthng of actNibe5 (see note 6) Share of govemanLE (x)sts 285,28D 4,330 269,550 4,980 289,804 274,788
THE BS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {cOrINuED) FOR THE YEAR ENDED 31 MARCH 2024 Grnnts payable 2024 2023 Grants lo Instituns.. Broom Fowidation Yad Yisrool shaar Torah Tnjst Heichal Halorah Ohel Torah Tom(ei ShabiK)s The FED Man¢h¢ster NdY Religious. edu{110n3l and simiLgr grants 78,5(M) 55,000 5,OtY) 3,5C4J 10,835 8,OLK) 5.750 20.000 2.0Tr] 33,000 153,400 7,OCJO 172,445 285,280 269.550 Support costs allocated to ac11vleS Total 2024 Totsl 2023 Govem8nce 4,330 4,980 Net movement In funds 2024 2023 The nel movement in fvnds slated aftercharg1(edingl. Depreciation of owned tangib ed assets Trustees None of the tnjstees (or any persons connecled with them) rpcepHI any remuneratKri or beneffts from th8 arrty during the year. None of the trustees (or any persons cx)nneded th them) r1ved any remirSement of expenses from lh8 chaity during the y8ar.
THE BS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Employ••g The averag8 monthly number of em[th)S during was.. 2024 Number 2023 Number Total There were no employees *those annua remuneration was more than £60.0(Y). 10-
THE BS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Net galn811108sosI on Investmerts Unrn$trl¢ted Unrestrictsd fund8 funds 2024 2023 Rgvaluatign of Instmt$ Gainlllossl on sale of inv8Stments {3,021} 19.5911 13.9421 (3.0211 113.5331 12 Taxatlon The actilles of Tre BS Charitable Foundation are exempl Irom ire¢t taxabon utmler fv w0vts1$ of Part 10 ofthe Incoffle TaxAd 2C(J7 13 Tanglblg flxod ass¢ts Comwtsr¥ 08t AtIW2023 1,034 At 31 Marth 2024 1,034 Dgprqciation and impalmit Al l April 2023 Deprecith"on ¢harged in the year 258 AI 31 IAI 2024 452 Carylng amount Al 31 March 2024 582 Al 31 March 2023 778 14 Inve$trnent property 2024 Falr Yalue Al 1 April 2023 and 31 March 2024 1,262,176 The fr value of the investment property has been arrived at on the basis rjf a VatUat ¢arr*d out by Chartered SuNeyors, who are not conrvted wilh Ihe thaiity. The valuation wa5 made on an open market value basis by referenae to market of InSa<t( pri$ ftx &fflfiar properties. 11
THE BS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 InVestnllt property Ictsnilnuedl 2024 2023 Fraehold 1,262.176 1,262,176 15 Fixed ass•t inve¥lments Llsted Unlistsd Investments In¥th9nts Total Co¥t orvalualion At 1 April 2023 & 31 March 2tYk4 61,947 61,948 Canying amount At 31 Maro 2024 61.947 61,948 Al 31 March 2023 61,947 61.948 16 Debtors 2024 2023 Amounts lallhg due wlthin one year. Trade deb other debtors Prepayments and accruad incomè 13,797 6,777 61S 13.797 6.076 659 21.189 20,532 17 Crgdltor•: amounts falling due Tlthln ono yoar 2024 2023 Trade creditors Other edItOrS Amals and defeThed inojme 737 9.959 22,821 787 9.959 28.742 33,517 39,488 12-
THE BS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEmErs (CONTINUED) FOR niE YEAR ENDED 31 MARCH 2024 18 Unrestrlcted funds The unfeslricled fvnds ofthe charfty comprtse the unexpended balance8 ofdon8lw)ns and grgnts aré not 8ubje¢t to spefifi¢ ¢ditionS by donors and grantors as to h¢M they may be used. These indude designated fvnd8 whth have been sel a5NJe of unrestrided fvnds by the trustees for specific purposes. At 1 Aprfl 2023 Ineomlng R•Sr<•$ res¢)urces expended Galrts and At 31 Mah losses 2024 General frjnds 1.399.161 218.328 {2B9.804) (3.021> 1,324,e64 Prevlou5 ygar. Al 1 Awil 2022 oming Resour$ Gal At 31 March rEsoU expended losses 2023 General fvnds 1,445.637 241.845 (274,7881 113.5331 1,399,161 13-
THE BS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMETrtrs (coKriNUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Related party tranSaon5 Transactions with fèlatrd parti•$ During the year tho charlty onlared wito the frI¢)Wir transadions with related parties.. Dl$posal of propfyity 2024 2023 Mr B Seller- Trustee 126,500 The r81818d party trans*Xions wer8 made at OP8n martet value. 14_