BRIGHTON AND HOVE SOCIAL WELFARE
AND EDUCATIONAL TRUST LIMITED
ANNUAL REPORT AND IINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

BRIGHTON & HOVE SOCIAL WELFARE & EDUCATIONAL TRUST LTD
INDEX TO THE ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
Page No.
1- 8 Dlroctorn. and Trustses. Report
Independent Ex•mln•fs R•port
10
Statement of Flnanclol A¢tlvttle8
11
Balanc• Sheet
12- 18 Not•• to th• account•

BRIGHTON & HOVE SOCIAL WELFARE & EDUCATIONAL TRUST LTO
DIRECTOR8. AND TRUSTEES. REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
N•m• of ¢h•rlty
Bn"ghlon & Hove Social WelfAre and Educational Trust Lt
Other names by whi¢h th• ¢harlty l• kn¢)wn
Re80UTce Centre
Re9i•tsrnd Charity number 287516
Addr•$•
Resourc* Centre, Prior Houge, 6 Tilbury PLqc¢. BrkJhton BN2 OGY
W?bslt• 4ddfv**
www.resourcecentre or
F•cob<>ok pag•
Twhlor
Tru•t•o• ¥nd Dlr•ctorn IMaMg•m•nt Commltt••l
Awel Harun Abdo
Ahmad Yabroudi
Rob eerry
JonAlhaD Whlle
Mudel Brlault
Ramy Mohamed A184fe Ire&ign8d 14107120231
Chriuline El Shgbba
Kaddy Jamm•h l•l•ct•d 2W11Q023
Jason Wllllam8 Ir•8lgnod 29111r20231
bhi El-Tud(i
The chwir of th• Mansg•m•nt Cemmltt•o18 Rob 8erry
8tsff t••rn rg•pon•lbl• ltsr to day m•n•g•m•nt of th? ch•rlty
Dani Ahren8
K81e Po9e
Megon Archer (appointed 14108120231
Rebecca Lulon
Kate Chapman
Mlrollle Shimod•
Judy Goss
R•gl•t•rnd Comp•ny nurnb•r
1730256 England 8nLI W•le6
coM￿nY ••erntsry
Kats Chaprn8n18ppointod 29111f2D231
Judy Gom Ir88ign•d 29111120231
R•9i8tered offic•
Resource Centr8, Prior He￿•, 6 Tibury P&u, Brvjbton BN2 OGY
VAT re9kntr•tlon number
861 100175
¢ixntsnt•
& CD. Chortered Accountsnt8, 100 Churth Stroet, Bnghton BN1 1UJ
Bank
Lloyds Bank, NDrth Street. 8dghton 8NI 1 PX
Page 1

8RIGHTON & HOVE SOGIAL WELFARE & EDUCATIONAL TRUST LTD
DIRECTORS. AJ4D TRUSTEES. REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
The tNst88s, who are 8150 th8 diT￿t0￿ of rAmpany, present their rgport and accounts br the ye8r ended
31st March 2024.
Sinte the Company qu8lrfie¥ a$ ¥mall under Section 383. the strBtegic repert required ol medium and18rge
COmP8ll185 under The Companies Act 2006 Istralegic Report and D1￿ctO￿5 Repertl Règulations 2013 15 not required.
Con•tithtion of th• ehirlty
The ch8rty 18 r89iSter8d as Brighton & Hove Social Welfare and Educational TThJsl Ltd bul oper8tes under the name
of Resourch Cenlre. It 18 ¢on81itul¢d a8 a cornpany limrted by guarantee and Is governed by its Memorandum &
Arbcles of ASSO￿8110n. Th8 ch8rit8bl8 cornpany w45 Set up on 8th June 1983, although the Resouree Centre has
boen In existence since 197S.
Govern4nc•
Resource Centra 58 8ccountab18 to tho res￿•￿ts ol Bri9hlon & Hove through a Council ol u8ers. The CouncAI i•
a 6uIFcommiltse of th8 company and mèmborship Is Open to any community group which 16
Biiod in an 8re8 of 60cI81 housing and run by locql r•iid•nls',
Prirngrily ccmpo$ed Of, and run by. di88bled p?opl8',
Prim8ri1y e¢rnp058d Of, and run by. peopb from b18¢k 8nd mingrty gthni¢ back9￿Un018.
We hgve 156 member groupi. Our mamb•r groupi elect a Management C?mmittee at Ihe AGM each year.
Th8 M8na98ment Committee 18 r88ponsibl8 lor th• p•n•ral man8oemènl ol the ch•rity •nd its mom￿rn are Iru8tM•
and directors of the ch8rilabb cornp?ny.
Tho Tru6te&s Jet the difeclion 8Trd polki88 of the charity.. th•Sr rolo18 on• ol ov•r8lght and gukJanc• r•lhar Ih•n gdv6
involvemonl in tho daily work. Day-lo-day management 15 delegated to Ihè staff ortsup. W# hav• seven mernber8
Df Stall who are organised as 8 te8m with no linè m8nagement. Two tstalf mèmbèr8 art r•sponsible lor repcrbng to
the M8n8gern#nt Comrnittee.
Pdor to eK8ction, potèntial trubl••i Aw advijed ol their dutK96 jnd re¥ponsibilitva8. Once ebctsd, truBte8B are glven
a full indu¢lion into our work Bnd Ihtii own 1•9al responsibilitr'eB. Thay ar• givèn an information pack providing dètails
of the govgmance and poli￿e5 ol lh• ch8rity and gener81 Irusl88 guid8nrA. Training in 8rea8 such as health & safety
or ¢harity18w is providgd 88 and when requirèd. A8 all our trustee6 are 8Ctlve members ol group6 that u6e the
Re80uice Centre r¢9ul•rty, they h8ve a Bound undedyirya under$t•ndin9 of the day lo day work ol the centre.
OblKts of th• ¢h•rlty
Thè legal objKts ore'To promots any Ch8rilab￿ purpoBe for th• bonèfil of thè inhèbilants of Brighttsn & Ho¥• and
the Surrounding ￿rea and In parb"¢ular lo relieve poverty and 8ickne88, to preserve and protect public health,
to 8dv8nce public educatson and to provide f8cililk98 In th8 inl8re5ts of Social welfare for the recr89tlon orolhar l?i8Urn
tim• occupation of thè salé inhgbi18nt8 wilh th¢ obje¢t of imprgving their conditions of life.
We work to 8chi8V8 these objects ty h•lplng 10 buikJ a 81ronger community Sector. In 2023-24 t￿ cantre wa8 uegd
by $85 9roup$, These groups rn8kv 8 major conlributv)n l(> the city by providin9 $8Nices and adivib'e$ which •re
lacking. partiopoting in consuhation 51ructurts, and creating a Space for umrnunit86 to come 109ether.
Thi6 voluntary activity imparts Cons￿erable bpnerrts to nelghbourhoods and communities Of interest and to th• City
88 a whole.
Publ1¢ B•n•fit
The Injstees are mindful of theSr duty under ¥8clion 17 of th? Charit￿5 Act 2011 to hav• duè règard to public bèn•frt
guidance publish8d by the Gommis*on. We have referred lo thi5 guidance when revEwing our aims and objectives
anLI In planning our futu￿ activities. We believe the 8ummary of our aLl1vit￿5, Outlined below. demonstrsle5 our
Immtheni to croating a publi¢ benelit in all our wo￿.
Page I

BRIGHTON & HOVE SOCIAL WELFARE & EDUGATIONAL TRUST LTD
DIRECTORS, AND TRUSTeES' REPORT
FOR THE YEAR ENOED 31ST MARCH 2024
PrSnElpal arti¥ib•
We provido pradical support to community and voluntary organksation5 and lo Statutory organisalions worftinG in the
community. We ara open to all such Drganis8tion8 but our ernph8sis 15 on support to smaller communlty group8.
We give particular attention to Sm811 groups based in ¢ommuniti88 th8t face additional barr￿r5 to affecbve
or9ani88b'on.' group8 b8sed in areas of social housin9', block and minority 81hnic cornrnunilies,. ané the disabled
community. We refor10 8uch group$ a5"Pr￿rity Groups and invits them to becom¢ members.
WO have i broad range o18ervicgs d85ign8d to SUPPOrt both neighbourhood 8nd city-w￿8 voluntsry activity
W? provid8 equipment, Infom)alion, advice. consultancy, and tr8ining in tha skills n•8dod to or9anJs• 8ffoctiv•ly.
Our role is to support P8ople lo carry outwork on behalf of their org8nisation$ so that they devolop 9reatsr confid6nce
in their ability lo ba active in tht eommunity and 60 that a￿.11¥ are ¥prgad more wid81y.
We work with other local gervice providern from both the volunlary and Btatutory $8Ctors. W8 h8v8 formed a partnerahip
with Community Works and other 8pe¢iali8t Inlrastructuro and community development or9anisation$ in the city lo
deliver 8èrwie•s $wdfi8d In 8r￿htOn and Hovg Cty Council's'Third SeGtcr Commffjsioning Prospoclu8' from
April 2020 to MAr¢h 2025.
Our ••Thl¢••
Summ•ry ofth• m4ln a¢hlgVWn•nts durlng Ih•y••r
troductlo
2023-24 6gw B full ￿tUrn lo open-8¢Cg8J drop-in 8ervich8 8t thè Re80urc• Centw. The Cen1￿ h86 excellent venlilalion
and air fihèring in p18c•, and we have taken rnea$ur85 to avoid overcrowding by rotalning an appointm•nl 8yStem lor
equipmént Coll￿tIOn And r8tum&.
A8 9foupB have r8tum•d to the c•ntr8 for DIY printing &8rvlc88 and ad hoc advica, t￿ C•nirè h•• ent* again bècome
th• buzzing, l¢vely hub of activity il wa8 before the pandemic.
W8 were èlso delighted to W81come a new member ol 8t8N to th¢ C¢nlrg during thB year. M8gBn Archerjoined th• t•am
In Jun• 2023. bringing our 8t8ffing c#p8cty b8ck toiust below it8 pre-pandemic level.
Ov•rvi•w of Support to group•
During th8 y08r we supported 585 differ￿1 greups on i lolal 011925 occa810n8.
94% 01 th• groups were from Bnghton and Hovè SJ w•r• 96% 01 ￿￿$.
Thio 8UPPOrt breaks down as,,
U¥8s of th8 print servic•
Hlre of oquiprnent
Arh¥ork 8nd18youI sUPPOrt
Advice on demand
Advice and training Iprebookedl
Examin8tk•n of a￿¢￿￿18
1.640
1,441
240
170
250
57
Looking in a bit mofe dotail 8t th¢ various area5 01 support..
Prfnl artwo￿ and layout •upport
Thè rèintroduction this year of DIY printing ond a r88tructured pricing systom has b•en a sutc•ss, with many groups
t8king adv8nlag8 of the opportunity to print their own documents with supportfrom our staff. while other8 have opted to
pay a litve extra to havè th•ir printing done by us.
D85pits th8 k8vel ol usage of the prfnt service r8maining steady, nèt incomo from Ihis has incre8sed by 8%
campared with 2022-23.
P•g• 3

BRIGHTON & HOVE SOCIAL WELFARE & EDUCATIONAL TRUST LTD
DIRECTORS. AND TRUSTEES. REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
For our priority groups. our flexib18 8Mtr8 sUPPOrt means they can get addits.onal he* to design the content of their printed
material. Thi5 varles according lo the needs of the groups. For examplg.. W8 can h81p 8 group lo fom)ukgte their me$sag8,
an 8ntir8 newsletter. or we can proofwad th•lr matenal and 9ive d85ign tip5.
We produc£ a￿Ork for member Groups who request this additsonal design support. and did thi8 on 240 0CC0610n6 In thi¥
yèar.
Equipm•nt hlr• ••ThSe•
Thig year thorn were 1441 equipment hive yw..
Equlpm8nt for Me•tings and Indoor Evants
Fundraising equipment
Play •quipm8nt
419
690
332
Al Ihe 8lart Df the year, w8 slightly expand8d tho g•ographicpl r¥n99 of groups el1g1b￿ lo book Our hir• equipment, lo
COV8r POBlcod8 ar•a5 BN1-7, BN9-15 and BN41-45.
We have continued to allocate haff-hour twn8 81olB for aquipment collection and rgtum, a$ w• hav• found thqt this enables
smoother process for both staff and users, and eas6$ parkin9 Ple68U￿B.
During the year, we 8dd8d 50rn8 nèw It•m8 lo our equiw¢nt for hl
A tripod, fof holding camero8 or mobila phon•8 to tsk8 vWJeo# or photO8,'
An •xhlbftion pop.up di8play unil12m x 3ml
Two larger thèrmal 188ks1SL e8chl
A lect¢m and a new proltsctor Stand
In our moat recent surv8y120221. we 8$ked groupB how much money Ih•y had rai8èd ai Ih•lr m06t re￿nt lundral6in9
•v•nt •nd the aY8rag8 Bmount was just over £3,000. Basèd on th16 Ilgurg, we eslimate that our •quipm•nt hir• lervi
halpod gfoupB in th• ¢ity raia• ov•r £760,01￿ for their Vbtal work tluring 2023-24.
*Avk• and tr•lDlng
A major pArt of our work 18 to provide advKe. inlomioboTh and training. Wè sp8clalSse In offering Ihe68 to ¥m811 orai8foots
groups and •sp8cialty from marginwlised communiti83. We normally delivor thi& work in way8
al Through cur'odvlce on d8mand' 58rvic• which akn8 to give short bul effective support immedigtgly on a dTopin b8S1S
bl Through support ses$loTh$.' more 51ruclurèd and longef piec88 of work d881gned to provide more extenjive ¥upport
During 2023-24..
The advice on demand sèNiC4 W88 UB8d by 81 diffèrent grcups on • tot¥l of 170 occasiOn&.
We ¢arrwd out 250 Structur￿ support &e85ion8 with 45 differenl group6
The support covered 40 difforenl toprA, with the rn08t fr•quant enqui￿8 being fundraisiThg, budgeting, repothng to
fund•rs, book-koepina, leg818truclures. eommillee ro188 and communlcallons.
A8 Part of above we supported 25 groups with fundrai$ing applications, budg•b"n9 and book-keeping.
The tctsl grant income roi8ed following our 5UPPOrtW83. £108,390.
Our advicè and training work Ys funded by a mix ol funding 5trearns'. the work 15 attnbuted te 8 funder depending on tho
nature of the group 5UPPOrted. In this year all our work with tsnanls, groups was funded by Housing Services, our w¢
with disabled people's groups w86 funded Ihrough a grantfrom the Chalk Cliff Trust and work wilh child￿re settings by
Eorfy Y?ar5 and Childcare.
A porb'on ol gur work with group8 In E86t erighton w48 funded by a grant from East Brighton Trust
The remainder of our work was funded through a grant from Sussex Community Foundslion, plus our own service
inrA)me 8nd reserve3.
Pogo 4

BRIGHTON & HOVE SOCIAL WELFNRE & EDUCATIONAL TRUST LTD
DIRECTORS. AND TRUSTEES. REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
hformation
We continued to keep our inlomiation r•sourcoS LIP to date dunng thÈ$ year. paying particular attention to our information
on funding 60urceB and bank accounts, in recognitsen ef the importance placed on this information by eur u¥ergroups.
In total 920 indivKluals in Brighton and Hove w8w8d th8 inlormalicn pag•5 on ourwebsito.
Exarnlnallon of 4ccounl8
Supporh'ng group8 with th¢if finsnci81 man8gernènt 68 8n Important part of our usual Wofk. Wo help our priorfty groups ¢0
sel up accounts 6yst8m8. we train tr885uf8TS and we provide an Independent examination ol grriup accounts. The56
examinations allow group8 trj demDn8tr8ts to their members Bnd lo funders that money has been properly accountsd for.
In 2023-24 we urrk•d out 57 examinations of accounts.
Funding for Ihls woth cam8 from tsevèral str8ams. Examinations for tenant groups were funded by Housing SeNices,
those for childc8r8 8811ings from the eountil'¥ Earfy Years ChildC8￿ Servick, thos& for non.lenant group6 in Egsl
Brighton from Ea8t Bnghton Tru81 and for di88blèd pèoplè's groups frem Ch8lk Cllff Trust.
The rom81ncl8r w88 funded from 8 SuBS•X Community F¢undatien grant and our ewn r•s•rv•i.
Support th t•nant ¢on•ult•tlon
In addition to th8 Bbova 8eThicAs w8 9180 do specrfic work. fund8d by Hou8Sng s8r4riC￿S, lo support tenant consullBllon In
the city. Th• ReBoufc8 C•nlw provldo6 s6cretarial support to the resioJ8nt meetsng8 th8118k8 place in each orea prior to
the Area Pgnel•. These are part of the formal con8ullalion 8lruthre wllh the Council and feed inlo Housln9 Commthe
meeting6.
Tho Re•ource Centre'4 roJe18 tske rnlnutg8, 8¢nd eut pAp•rn and notfflc8tlon ef th• mutino, ond gUPPOrt tho R•8hY•nl
Chai¢p•rn¢n. Th• aim18 to a8Sl$t re$id?nls in pulbng forward their concerns And i#su•i elèarly and effeclivety.
Durtng th• y•Ar w& supported 14 Re8ldenl Onty Meelin98. mOBt of whlch contlnued lo b8 he￿ a6 hybrkl m88b'ng8,
u•lng our M•o1Sn9 Chvl equiprnent.
We took part In 8 8eri8s Dr diieus$ion8 with the Cc*nmunily Engag8rn8nl T8am at Brighton & Hove Cily Council Housing
Services, with the airn of irnpr¢ving ouriolnt working to &UPPL)rt tenant 8nd re8id8nt community or9ani8in9.
We ¢onlinu¢ to work collaborBtlv8ly with council offK8rn qnd ¢ornmunlty development worker8 In all Areas of th• dty.
8•ry1¢• O•v•lopm•nt
We have m•de progre$• In almost all areas of our *•Nic8 dev8lopm•nt plan, aqrned gt tho •nd 012022-23..
As outlined Above, wo havo ￿Mpleted • ￿tUrn lo fully open-acce88 DIY print service8, with the option of
Resoutce Centre stoff printing for group8 81 an gXtr8 th8rg8
Thè •quipm•ni hir8 S8svice Is also operallng with collec¢i¢n aThd return timg$lot8 throu9hout th? week •nd a d￿r
focu5 On groups based In Bnghlon & Hove 8nd the immediately surrounding are88
W8 hav8 Opened a d•dicalèd bank account in order lo hold small amount8 of fund$ foi priority group8 Ihat are uTr8ble
lo open bank accounts, or are experiencing delay¥ in selling them up
Wg havg ¥ubmitted an initial bid to the NaD"onAI Lottery for a partnership project, offerin9 ne￿OrkI￿. Skill sharing
and b8&poke support with fundr8ising 8nd finances, lorgrassroots community organisers
We h8ve been sucee8sful in secJJring funding lo upgride our bo¢*ing. invoicing and contsct management sy8iem8,
with the aim of making effici8ncy gains
Wo havo expanded our staff team by appointing an addthonal ￿￿rnbOr tsl staff
The onty area in which we have notyel mad¢ prDyre55 16 our intention to further improv8 our print rDom equipm?nL
Thi5 r•rnains a ptiurity lor2024-2S.
Page S

BRIGHTON & HOVE SOGIAL WELFARE & EDUCATIONAL TRUST LTD
DIRECTORS. AND TRUSTEES, REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
Risk Mznqgernent
The trusts98 have again conducted a revw of thè main rKsks whlch may all•ei thè futuw of Ihe ch8fity and of th8
measures in place lo mitygat¢ th08e risks. We h8v8 considered
Managernonl and direcb"on. and potential risks suth a8 lad( of forw8rd plannin9 or los$ of key stsff
Operatsonal n$ks such as failure 10 meet priorities or ID provide a goo(J service
Finanoal ri8k5 such as failure lo sscura 8doquatg funding
Exi8mal ri5k8 such as bad publicity or changes in government policy
Compliance with rogulBlion8 and company18w
With strong policies and exper*nced 8t8ff we are confident we have Ihe ability lo de81 wilh risk8 in each ol these a￿88.
Overall thor• is 8 very low risk of failing to secure adequate fundlng lor 2024-25. Although tho budg•l is showing a delKiL
h8v¢ Julfiri?Trl funds in our fre? r*58Ne5 to coverthi5.
We are toking acts've $1gP8 to r8i8a additional funds, r?$￿etur* SèNieèS and ¢¢n$lrain expenditur• in order to reduc•
Ihe dolic￿ In futu￿ years. We have strong ¥upport from local counallorB Bnd the City Council •upport wa have receNed
lor more than 30 y&arn18 securg until lh¢ ¢nd of Ma￿h 2025.
The counul has m8de a commilm8nt to continue funding e888nlial inlr881ruclure 8UPPOrt for the community and voluntary
etorfor a further fDur yoèrs, liom 2025-29, gnd we are actively engaged in discussions witti th8 coundl 8nd p8rtnar
organisations to ensurè that our $8Nic88 for 8m011 group& continue to be 8UPPOrted.
Wo are confh48nt Ihat wa can continue to provid8 a w•lkrun, coll •ff•ctlv• ￿rvic8 that is v•luabl• lo hundreds of grou
in th? uty.
We will obviously coDbnue lo ￿ prud•nl in our m•n8g¢m•nt of fund$, •nd t? k••p ¥ clo•e ?ye on lh• C•ntr•'8 financ¢J.
th itrong financ￿1 m•n•g•m•nt and good l?cal Support we 4r¢ 06 confKlgnt •• we c•n ￿ ol mltlgAllng Ilnanclal dsks.
Fln*nclal 4ethtth#
Thè Statsrnant of Finanei#l Acb'¥th85 8how8 not axpendllure of £18.83?.
Our r88erve8 stand al £91,237 of which £10,591 ar8 r8itriet•d fund8.
Wg rg¢9ived lundlng of ..
£89,853 frorn 8righloTr & Hovg City Council Communitie5, Equ&lity & Third Sector Team through the Pr08pectus
for Third Sector Infr8structure Support. This $upport$ the inforrnatbn, èquipmgnt and print service which Is open
lo all local community groups.
£36.347 from 8righloTr and Hove City CouTrul HouBing Service8 to cOmp￿rnent the Coundl'8 own WO￿ to davebp
Council r¢8identS' 88sociatlDn6. We support the8e 8660ialion8 by means of gur inforniotion 8nd Spedal Support
8er¥K85 8nd by seryiung joini mèetings ol r8slLlents.
£7.500 frorn Brighton Hove City CDunc11 Early Yeor8 and Chlklcare to provlde 8pedali61 support to community
basad group$ providing ehildc8r8.
£5,000 from Sus58x Community Fovndulion. to SUPPOrt groups in their proce53 of rtrGovery.
£2,000 from Ea818righton Trust, to 8UPPOrt gr8$$roets groups ba8&d in East Brlghton.
£5,000 from the Ch81k Cliff Trust, to support groups run by And for d15Abled people.
W? 8160 received donations of £1,805.
Charg8& for our 6eNices provided th8 th8rlty wlth an Income of £48,122. 1118 our policy to 88t pr￿8 which loc81 group$
can afford and which, at th• same lime. Cover seNice costs. replacement of equipment and some staff Costs.
We offer a 10% discount lo our member-9roup8 to ensure th8t they can afford to use our equipment.
Thi8 year wp gave 8 total of £1,203 in discounts. which diredly $upported the work of small, voluntser run rnernber groups.
We do not charge groups fov use of the Infomalion and Speckgl Support services.
Wo 9on•ratèd £3,170 in inlgrost Irom our bank and building soC￿lY accounts.
Pagg 6

BRIGHTON & HOVE SIXIAL WELFARE & EDUCATIONAL TRUST LTD
DIRECTORS. AND TRUSTEES. REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
RMerv•$ ¥tatement
We hohj unrestricied funds of £80,646 and r8Strthd funds 01 £10.591.
Th? majority of our re8erye8 are deBionated for specific purposes as set out telow.
We have £10.591 in reslricteé funds and assets as folltr*$".
£3,750 from Su55ex Community Foundalron to support covid ra￿Very work with our priority groups
£4,167 fron) the Chalk Clrff Trust, for support work with di58bled people'6 groups
£2,674 in 858el8. namely equiprnont purchased with restricted funding in previous ye8rs
The remainder ol Centre's funds at the start ol the year ore de8vJn8tsd As follows..
We have an agreed a policy of holding a designited reserve to th• value of one monlh's regular rovenue exp8ndltur8.
B86ed on our lot81 IoT8ca8t exp8ndilure for th8 y88r wg have put 881de reserves of £18.123 for thi¥ purp08t.
Wo have a d89vJnaled fund of £1.000 for 0$$ontU81 ropalr6 of premi8e5 over and abov8 regular mainl8nance cosli.
We havg a Servic¢ Continu8tion Fund of £45.000,11 is important that w• mainiain eon5i5tenl 8eniice8 and 61JPPOrt
from group8 y8Af-on.ye•r. tsul we •re18rgely olependenl on fundSng that we re-apply far in cycle8 011, 3 or 5 yeAr8.
Our Servir*s ContlThU8b'on Fund en8bles us lo bridge th8 gap and continu• of the Re60urc8 Centre when
we •re unobl8 to g•t grants to lully fund all of our werk.
We have Iree re5•M8 of £16,523.
The trusie•• do not conJid•r it n•e•saary to •itBbliih 4 Redundancy Re8gNe, a8 the ￿91 ol any rqdundancy would b8
mat lffjm fund5 hekl in tha bank, and th• BBle of 8quipm?nl •nd Jtock.
The delBi18 of movements in fixed a#￿t& are 8•1 out in the noto8 lo the aeeL*unl#.
Method of appolnkn•nt or•l•¢tlon of tru•t•••
The manag•m•nt ol th• company i• th• r•i￿nsibIlIty of th• Tru8t•8s who are and eollopled und•r th• tèm8
of Ihe Tru8t d••d,
Cornpany law requires the Council lo prepare financial 8t8tem8nl8 for each linondal ￿ar which give a true and fair
view ol tho slatè of thè iff8ir8 of the Chsrrt8b￿ comp£ny a8 81 the balBTr￿ sheet d810 ol Its ineorniThJ reBources and
8pplieation of re80UTC88, includin9 inc0rn8 and exp8ndilure. for the hnanci81 ￿#r. In pmpsring those fin?n¢ial
st8ièmtnts. the Council should follow b88t practice and..
R•Bpon•lbllltl•• ofth• M•fi•g•m•nt Commltt••
Sfrloct suilable accounting Pol￿85 and then apply them ￿n51$tOn11Y
Ob3er¥e the m8lhod$ And principl•s in th• Chanli•s SORP
Make iu¢gemenls and èstimates thgl aro rea$onabla And prudtnt, 8nd
Prepare th9 Iin8ncial 51aternen16 on lh8 going concom basis unless it 1$ in¥ppropriate to as8um8 that th• company
will continue on that basi5.
Thv Counul ia ¥tBponsible for rn8int8ining proper accounting records which di8dos• with r•BSon8bl8 accurow al any
lime iho finaneial po811ion of th8 ch8ritabl8 company and to enable them to ensum Ihat the financial ststemenls
tompty with the Companies Act 2006. The Council 1$ also re8pon$lbk for salegu8rding the asset¥ o( the charitsble
eomp8ny and h8ThC8 for taking w8son8ble step8 for the preVent￿n and detection of fr8ud and other irregulerities.
The council have 8t all times Complied with duty in section 4 DI the 2006 Charits'es Act lo have due regard lo guidanc8
publijhgd by the Chanty Comrni$610n. indudin9 publt benefit guid8nC*.
P890 7

BR￿HTQN & HOVE SOCW IVELFARE & EDVCATIONPL TRUST LTD
DIREGTORS. AND TRUSTEES, REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
1￿Mbe￿ ofth8 Managem•nt Commltteg
Memters ofth8 Manag8mènt Cemmlttee. who 8r8 directo￿ for th• purp058 of ￿rnPanY law and trustses for the
purpose of th&rily1ow, who seFv•d during the year8nd up to thè dAte of this report are 8•t ¢￿t on page 1.
Approv41
This report was •pprD¥ed by Ihe 808Td on 22110 I go2lhnd 6igned on ilB behalf.
81gngd on bohilf olth• Bolrd
K ChApman
S•er•tsry
Pago 8

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
BRIGHTON & HOVE SOCIAL WELFARE & EDUCATIONAL TRUST LTD
FOR THE YEAR ENDED 31ST MARCH 2024
I report on the accounts of Ihe ch8rit8bl& comp8ny for thè ￿Ar 8nd8d 31st March 2024. wh¢h are Set out on
pages10to 18.
Thi5 report is rnade scAely lo the companls Trustees. as a body, in accordan￿ ￿￿th seebcA1 145 of the Chanties
Act 2011 and regu181ions marle under section 154 of that Act. W work has been undertaken so that I might state to
the cornpany'5 Trustee8 tho8e rnatters l am ￿qUired to state to trern in an Indepen(Jenl examinerfs report and for no
other puipose. To the full&$l ext9nt permitted by law, I do not accept or assume responsibility to anyonè other than
the cornpany and Ihe company's Trustees as a body, lor my work or for this report.
Re¥pectlv6 re¥pon8lbllltlos ol tru8tee8 and examlner
The ¢h8rity'$ Iruslees are responsible for ihe preparats'on ol the accounts. The charlWs trustees consider that an
audit is not required for this y8ar Und￿ section 144121 ol the Charitie5 Act 2011 and that an independent exarnination
1$ needed.
Having satisfied myself that tre charity is not Suwect lo audr( under company ￿ and 18 eligible for ind8pend8nl
examinats'on, It Is my responsibility to..
exArnine the accounts under section 145 of the 2011 Act..
to follow the prw2dures 18id ¢Jown In tre Gener81 Direcb"ons glvan by tha Charlty
Commis51oner5 undef section 14515llbl of tho 2011 Act., and
to stale whether particular mattefs hav8 comè to my att8nts"on.
Ba•1• of Ind•p•nd•nt •xamln•rf8 r•port
My ex8min81ion wa$ carried out in accordanc4 wth the General 01￿CtIOnS given by the Charity Comrni8sioners.
An exomin8b.on in¢ludas a revi8w c*f the accounting records kept by the charity and a comparison of the occounts
presented with those records. It 8150 Include8 consideration of any unu8ual ilerns or d15d08ures in the accounts,
and the seeklng ol explanations frem Y￿ as tru8lee8 concèmlng any Such matter8.
The pro¢edures undertaken do not provide all the evidenco that would be required in an audrt and. conBequenlly no
opinion is given as to whèther th& accounts prèsonl a'lrue and lair vi8v/ gnd the report Is Iimitgd to tho8& mattorg
set OLrt in the staternenl below
Indepgndent •xamln•rf$ •tatem•nt
In connection with my •xaminatson, no rn8tter has come to rny attention..
11 which gI￿S me reasonable cauBe to beli6v8 that, in any mater181 respect, the requirèments..
- to keep accounts'ng reccfds in 3¢cord8nce wf(h 8386 tslthe Companiès Act 20fA8", and
- to prepare 8ccoun15 which ac￿rd wrth the a￿￿ntIng recordg, comply ￿th accounting requirement8 of S396 of
the Cornp8nies Act 20(￿ and with the methods ond principle8 01 the Ststement ol Recommended Prgth9'.
Accounting and Reporting by Charlts"88 have not be&n rnet., or
2110 which, In my opinion, att•ntion should be drawn in order lo enable a proper understsnding of the accounts
to be reached.
Name ol prlnapal..
Mr H Speight FCCA
Name of firm..
Mark8 & Co
Chartered Accounlants
100 Church Street
Bnghton
8N1 1UJ
Date..
Page 9

8RIGHTON & HOVE SOCIAL WELFARE & EOUCATIONAL TRUST LTD
STATEMENT OF FINANCIAL ACTivfTIES
FOR THE YEAR ENDED 31ST ￿RCH 2024
SUMMARY INCOME ANO EXPENDITURE ACCOUNT
2024
Total
2023
Total
Restricted Unrnstricted
Notes
INCOME AND ENDOWMENTS FROM
Donatlons andl8gaci•s.'
Dtsn8b"ons aThJ Gifts
Invesfrnent Incom•.'
Bank Interest
1.605
1.￿5
3.519
3.170
3.170
1,141
In¢om• from eharltabh actlvhhs
Grants and contracts
145,700
145.700
155,700
Incorne Irorn provision of 8ervl¢xB
48,122
48,122
45,822
TOTAL INCOME AND ENOOWMENTS
145,700
52,897
198.597
2C6.182
EXPENDITURe
Expendlturo on Rohlng fund•
10,071
10,071
9,018
Exp•ndhur• on Charltable actlvltl
149.617
57,748
207.365
198,593
TOTAL EXPENDITURE
149.817
67,819
217.436
207,FA19
NET INCOMEIIEXPENDITUREI
3,917
18.839
1,427
N8t IncomellExFendilurel
13,9171
114,9221
118,8391
11,4271
N•t movem•nt In lundB forth• p•rlod
13,9171
114,9221
118,8391
11,4271
R•conelllatlon of fund•
Brought forward
110076
Carrled forward
11112 £
10591 £
91 237 £ 110076
Th9 slatemonl ol finanaal activities includeB all gains and losses r￿OgnISed in th¢ year.
I Income and expenditure deTNe8 frorn conlbnuing 8cb"v1Y￿.
The notes on pages 12 to 18 form pgrt ofthese accounts.
Page 10

BRIGHTON & HOVE SOCIAL VVELFARE & EDUCATIONAL TRUST LTD
BALANCE SHEET
AS AT 31ST MARCH 2024
2024
2023
FIXED ASSETS
Tangible Fixed Assets
2,674
5,138
CURRENT A&8ETS
Stocks
Dtsbtors
Costt at Bank and in HaTr
6.123
8.407
78,894
8.186
7.e71
95.256
10
93,424
111.315
CREDITORS. amount• falllng du•
t*Jlthln one year
11
14,8611
16,3771
NET CURRENT AS8ET8
88,583
104,938
NET ASSETS
91,237
110,078
UNRESTRICTED FUND8
Oesignoted Funds
General Funds
46,CQO
72,LX)O
23,588
80,848
95,568
RESTRICTED FUNDS
14.508
TOTAL FUNDS
1Z113
91,237
110,078
Th& directors and truslè8s ¢on$id8r that the company 18 en￿lled lo exemption from the reqLtiremgnl
to have on audit under the provisions of section 477 01 the Companles Act 2w61.lhe Act") and mernbers
have not requlred the company to obtain an audit for the y88r in question in accordance with section 476 of
the Acl.
The Tru$le¢8 acknowSedge their ffj8pon8ibllrties for ¢omplying vAth the requlrernents of Ihe Companies Act 2
th r88peci lo acLounting record8 8nd tho prep8r8tlon of finanaal ststements.
The financial statements We￿ approved by the 8oafd on
its behalf.
ond signed on
Tnwt•e
..Trugts0
R Borry
The notes on pages 12 10 18 form part of these acwunts.
P•g•11

BRIGHTON & HOVE SOCIAL WELFARE & EOUCATIONAL TRUST LTD
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST KARCH 2024
1. ACCOUNTING POLICIES
The principal accounting policies are summari8ed below. The accounting Wicles ha￿ bèen 8pplSed
Jnsist8ntty throughout the year and in the preceding year.
1.1 Basls of pr•paratlon
The ffin8rrial stalements have b&en prepared In accordance wrth Ac¢ourfng 8nd Repclting by Charrties..
ststoment ol Re¢ommended Practlc8 8ppli¢8ble lo ¢hantiès prep8ring Iheli accounts in accordance with the
Financial RepoTting Standard appli¢able in the UK and RepublK of Ireland IFRS 1021 leffe¢tive 1 Jenu8ry 20151
(Charities SORP IFRS 10211, the Financk91 Reporting Standard applicable In the UK and Rèpubllc ot Irelan
IFRS 1021 and Ihe Companies Act 2006
8nghton & Hove SocAal wella￿ an¢Y Educational Trust Ltd meets the definltk)n of g public tenefil entity under
FRS 102.
Assets and Ilablli1I&8 8re In￿191￿ re¢ogni88d 91 historlcgl cost or Iran8aclion value unle88 Otherwise 81ated In
th8 relevant aceounllng pollcy.
1.2 Company •tstu•
The company is a company lirniled by guarantee. The memberB ol the company ar8 thè Truste88 on
Poge 1. In the event ol tha company b8ing wound up, the lia￿lIty In ￿SpeCt ol the gua¥anle8 is lIm￿ed to £1
per member ol the company.
1.3 Fund Ac¢ountlng
Unr8$lrScteil ftJnd8 are avallable f¢¢ use 81 the dlscretion of the Iru3lee8 In furtherance ol the general objectiveo
of the charfty.
Oe8ign8led funds are unreslrlcted fund6 earmarked by the M8nag8ment Commitlee for p9rtIcu￿r purposes.
Restrlcted lunds are Bublecl•d lo r•strictths on Ihtsir •xpendilure ImpoBed by the donor or through th• terms
of an appeal.
1.4 Incom•
All Income Is rgcognlsed once the company ha6 8ntlil8menl lo Ihe Incom•, St 18 probable th81 the Income wlll
be r8ceivo(J And th8 gmount of Income receivable can be m•asured reliabty.
For l¢g8¢1¢$, enllllemenl Is 18kèn a$ thè garller of the dat¢ on which erther.. the cornpany IB 8ware that probat•
has b8•n grant•d, th• estate has b8•n finallged and notfficalion h88 beern made by thè executorlsl to the
Tru81 that a dlslribulion will tye rn8de, or when a dl8lribulion 16 recelved from the estate. Receipt of 8 legary, In
wholtr or in part, is onty wnsidef&d Pfobable whèn thè amounl ean bè measured rellably and the company ha8
been nolthed to the ￿mpanY, or the ￿Mparty 18 aware of the granting of probate, and the criteria for Income
Mcognrtlon have not betsn mel, Ihtsn the lega¢y18 Ire8ted as a contingent asset and dlsclo88d tt maleriql.
Donaled 8eNices or f8¢ililles are rècognlsed wh8n thè company has control over the Item. any condllions
assoclated with the donated Ilem have been met, the recelpt ol economlc benefrt from the use of the company
of the item is probable and that economic benefit can be measured reliably. In accordance with Ihe Charities
SORP IFRS 1021, the general volunteer time of the Friends is not racognised 8nd ￿ffrr lo thè Tru8lee8' report
for more Infomiatlon about Iheir contributlon.
On fecelpt, donated profès51onal sarvlces and donated facilities are recognised on the bas16 of the value of the
gift tg tho Gornpany which 15 the amount the company would h?ve been wi15ing lo pay lo obtain serV￿eS or
facilities of ￿UNa1*nt economlc b&n•ffit on the open market.. a corresponding amount is then ￿Cognised in
e¥pondrturts in the period of ￿¢t1pt.
Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant 1$ re￿gnISed 81
the lime of the donati)n.
IncK•me tax recoverable in relats'on lo Investmènt income 18 recognised at the tlme the Investment Inwme is
rèceivable.
P¥ge 12

BRIGHTON & HOVE SOCIAL WELFARE & EOUCATIONAL TRUST LTD
NOTES TO THE ACCOUNTS FOR THE YEAR E14DED 31ST MARCH 2024
1.5 Expènditurè
Expendrture 18 re(x>gnis•d once there 1$ a legal or con8tructive obligats'on to transfer economK benefit to a third
party, it 15 probable th818 Ir8nsfer of e¢onomlc benefit will be required in seluement and the amount of tho
obligation can be measured reliably. Expenditur8 is classified by aciivty. The costs ol aach actNity ar• made
up of the total of direct cos15 and sh8rtd costs, indudin9 SUPPOrt costs involved in undertaking each adivity.
Shared costs which contribute lo more than onts 8Ctivity 8nd support C08ts whith are rnol attributstAe lo a
85ngle actmty are apportioned between those 8Ctivth8s on a b881S COll8181enl with the use of ￿soUrc￿3.
Centr81 Stoff costs are allocated on the bas￿ of lime sponl, and depreciation ¢haf9e8 allocated on the portbn
of the asset's Usg.
Fundraising costs are those incurnd in 8oeklng voluntary contributlons and do not Includè the co81s of
disseminating infomiation in support ol the ch8ritsbl& actlvilles.
Costs ol gen&r8tlrffJ lunds 8r8 Costs Incurred in attracbng voluntsry income, and those incurred In Irading
activrtiea that roise fvnd$.
1.6 Tanglblfr fixgd and d•prnclotlon
A ￿VIeW for IrnpaiTrn8nt of 6 fixed asset is carrlè(J c¥Jt 11 avants or changas In c5rcum8tanc&s Indicate that th8
rrylng value of any fixed asset m8y not be r8COV8r8bl•. Shortfalls bèfv4•Èn ltye carrying value ol flxed assets
and thelr recoverable amounts are re¢ognised a5 imp8irmtsnts. Imp8lrmenl losses are recognised in the
Statemenl of financial octivities incorporating incorne and expenditure account.
Tanglbl& ffxed 888è18 arè carried At cost, net ol depreclation and any prov181on for Impalrment.
Depreciallon 58 provlded at rates calculated to write off the cost ol fixed assets, less their estim8ted resldual
value, over their expected useful livag on the following b8se6'.
L888ehold Property 20% p.8, on 81r8ighl Ilne b0618
Equlpmgnl
33.3% p.a. on 8lralghl Iln• basls
1.7 Int•rut r•e•lvabl•
Inte￿$1 on funds held on deposll Is Indvded when rècelvable and thè amount can be rnea8u￿d relkgbly by tho
company., this Is nomi81ty upon notlfication of the Interest pald or payable by the Bank or B¢Jildlng Society.
1.8 Dobtor•
Trade and other debtors are recogni$od al the settlement amount after any trad8 d18count offered.
Prepayments are valued at the gmounl pr•pg1(J nel of ony trgde dl8Govnt$ dug.
1.9 Ca8h at Bank and In hand
Cash at bank and in hand indudes cash 8nd short lemi hlghly Ilquld Inve$lmenl8 wlth a short mglurity of three
months or les5 from the dale ol 8wul¥ltlon or opènlng of the daposlt or 8imllar account.
1.10 Ll•bllltle• and provl8lons
LSabililie8 arè rècognised when there is an obligatlon at the Balance sheet dale as a result of a past event, il is
prob8ble th81 a transfer of economlc beneffl will be ￿quired in seltlernenl, and the arnovnt ol the settlement
8n be estimated rèli&bty. Liabilities are recognised al the amount that Ihe company anticipates it wll pay lo
Settle the debt or the amount tt has recelved as a¢Jvanc*d payments for the goo(Js or services bt musl provide.
Provisions are m&88ured at thè bast 8Stlmate of the amounts requlred to settle the obligalion. Where the effect
of the tirne value of money 1$ m81gri81, the provislon Is based on the present value of those amounts,
discounted at the pre-tax discount t8te that rellects the risks $￿C￿e to th8 li8bilty. Th8 unwinding of th•
discount is recognised wrthin Inte￿81 payable gn¢J slmllar ¢harges.
P*g013

BRIGHTON & HOVE SOCIAL WELFARE & EDUCATrONAL TRUST LTD
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024
2. DONATIONS AND GIFTS
2024
2023
Donallons
3. INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Gr•nts and contr4cts
(•) R•vgnu9 grnnt• for provlilon ol ••r1￿1
Bdgmon and Hove Clty Counell ITSIPI
Bnghton and Hovè Hou$in9 Services
B&H Egrly Yèars and Childca
East Brighton Trust
Su58ex Community Founda￿On
Th8 Nation81 Lottery Cornmuniti88 Fund Revenue
The National Lottery CommunStle8 Fund Capttal
Chalk Cllff Tru81
89,853
36,347
7,500
2,000
s,000
89.853
38,347
7,500
2.000
5,000
7.522
2,478
5,000
5,000
148,700
1150 700
Gronl$ rece5ved reloting to cathl expendltum are credrted lo reslMct&d funds, 8gain81 whlch the depr•clallon
of th• r•l8v8nt prcportlon of the rèlated langlble ffx8d 8880ts16 debrte¢J.
Th8 work fvnde¢J by the80 grants and contracts 18 d08¢rlbod In thè annual report.
Actlvltbe• In furth¢r•n¢• ol th• Charfty'8 obJ•ct•
2024
2023
Ib) Incom• from provl•lon of ￿NIc••
Equlpment Bervice8
47.933
44,310
Sp8dal Support servlce
189
4. INVESTMENT INCOME
2024
2023
Interest Income
1,141
198597
Pag•14

6HTOM• HOvE¥oG￿5￿LF￿￿ a EDUCATK)N*L TRUST LTD
NOTESTOTHEACCQUNTS FOR THEYE•41 ENDEoJisfMNR¢H 2024
TOTALEXPENDrriiRE
Ir￿OrdIn•
4￿clUrin
Iport
7£
TLI
33.021
28.177
101.955
151.427
1.2Ca
.WlpNni
19S706
).0
,OD
1.1
2.924
Prwni
73a
14.12J
J23
12.14
17
47D
742
222
I,e49
209
514
&ththpiiord
Ittlln
2CO
io
12
47
riF
)49
23D
.b￿￿oI￿vAT
724
140
37
707
PAy15

BRIGHTON & HOVE SOCIAL WELFARE & EDUCATIONAL TRUST LTD
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024
6. NET INCOME FOR THE YEAR
2024
2023
This is after ¢harging'.
Staff costs (see note 61
Depreciation of tsngible fixed assets
161,935
1,186
151,427
8,509
7. EMPLOYEE INFORMATION
No remuner81ion was pald lo the InJ8lee8 in the year. nor were any expenses
reimbursed lo them. Staff costs were 98 follows..
7.1 Stsff Colts:
2024
2023
Staff eosls breakdown by Project Area
Charitable activities
Fundraising and gov8m8nce
153,514
8,421
140,146
11,281
161.936
161427
The 8vorago number of persons employed by the comp8ny during the year wa8 as follow8..
2024
No,
2023
No.
Ther8 were no employe88 in recelpt of emoluments greater than £ 60,000.
Pago 16

BRIGHTON & HOVE SOCIAL WELFARE & EDUCATIONAL TRUST LTO
NOTES TO THE ACCOU14TS FOR THE YEAR ENDED 31ST MARCH 2024
8. TANGIBLE FIXED ASSETS
Lond & Equlpment
Bulldlng•
Total
Cost:
Al 18t April 2023
A(Jditon5
Disposals
Al 31st March 2024
35,775
308,174
428
343,949
426
35.775
3Q8,602
344,377
D•preclatlon
At 1$1 April 2023
Charge for the perl¢>
At 31st Marth 2024
32.367
1.708
34.073
306,444
1.186
307.630
338,811
2,892
341,703
Net Book V•lu• -
At 31st March 2024
1,702 £
972 £
At 31$t March 2￿23
3408 £ 1730 £
9. STOCKS
2024
2023
ststion•ry, bodg88,
6123 £ 8188
10. DEBTORS
2024
2023
VAT debtor
Trad? Debtors
other Debtors and Prepayrnents
18
3,395
4,458
2.769
5,638
8407 £ 7871
11. CREDITORS- AMOUNTS FALLING DUE
WITHIN ONE YEAR
2024
2023
Taxès and Soclal Security
Olher Creditors and ArLrua15
Funds held on beh8lf ol grcgJp$
2.714
2,147
2,182
2,483
1.712
4.881 £ 6,377
Pag?17

BRIGHTON & HOVE SOCIAL WELFARE & EDUCATIONAL TRUST LTD
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024
12. ANALYSIS OF NET ASSETS BETWEEN FUND8
Genoral Deslgnated Rostrleted
Funds
Fund8
Funds
Totsl
Fundl
Tanglble fixed assets
Current a6sets
2,674
7.917
2,674
88,563
34,646
46,C()O
£ 34,646 É 46,000 £ 10,591 £ 91,237
13. MOVEMENTS IN FUNDS
At 1 Aprll In¢omlng Outgolng Trnnsf•r• At 31 March
2023
RèsourcM Rèsourc
2024
R￿trICt•￿ fund•'..
Equlpmenl
12,8921
2,874
Provision ol Service8
8,942
145,700
146,725
7,917
Tot81 Restrict8d Funds
14,508
149617
10,591
Unr••trl¢t•d lund•:.
De8ignated'pr8m15e8 lund.
1,ODJ
De81gnated'8e￿Ce8 c4)nlinuation'
70,0
125,0001
45,1)JO
Designaled'digital phone 8y$l&m $¥wkhovert
1,OOJ
11,0001
Genor81 lund8
23.568
52.897
34,646
TDt81 Un￿$¢￿¢1&& Funds
95,588
52,897
67,819
80,648
TOTAL FUNDS
£ 110.076 £ 198.597 £
217,436
£ 91237
Purpow• of Re8trleted Fur*d•
Equipm6nl.' This represents grants r￿1Ve￿ for capltsl wulprnent. Thg balanc•18 reduced 88 th• oquipmonl
depr6ciote6.
Provision of Sery￿eS.. The ￿nd is for the'lnformation 8ervlce' and'special SuppJrt services. aB explained
the trustees, r8porL
PufPO••S of D•81gnat•d Funds
Sgrvic8s ￿tIn￿atIOn Fund.. This is èxplalned in the Tru8tee8' Report under Re8erve8 Stslemenl.
P499 18