COMPANY REGISTRATION NUMBER: 01798931 CHARITY REGISTRATION NUMBER: 289069 Lambeth Accord Company Limited by Guarantee Financial Statements 31 March 2024
Lambeth Accord Company Limited by Guarantee Financial Statements Year ended 31 March 2024 Page Trustees, annual report (incorporating the direclorfs report) Independent accountant's report to the members Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements
Lambeth Accord Company Limited by Guarantee Trustees, Annual Report Ilncorporating th8 Director's Report) Year ended 31 March 2024 The trustees. who are also the directors lor the purposes of c¢mpany law, present their report and the financial slalements of the charity lor the year ended 31 March 2024. Rèfèrence and admlnistrativè datails Re9lst¥rod charity name Lambeth Accord Charity r•glstration number Company registratlon number 01798931 Principal offleè and registérod 336 Brixton Road Offlc London SW9 7A4 289069 The tnJ$tegs M W Borowy H Lansdowne D Strong H Adam$ A Ayoade E Thoma$ B Treloar S Pidwell Senior Management Manager Adrian Harris Accountants Haines Walls Chartered accoun18nl & st8lulory auditor Old Station House Station Approach Newport Street Swindon SN1 3DU Structure, Governance and Managèment Governlng do¢ument Lambeth Accord is a charitable mpanY limited by 9varanlee, incorporated on 91h March 1984 and regislered as a charity on 24W April 1984. The company wa5 established under a Memorandum ol Association, which established the objectives and powers ol the ¢harilable company. 11 is governed under ils Memorandum & Articles ol Association. In the event of the company being wound up, Fnembeis, liability is limited to £0.25p.
Lambeth Accord Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2024 Recruitment and Appolntment of Managomènt Cornmltteg The Directors of the Company are charity trustees in accordance with charity law. Under the company's Articles they are also designated as members gf the Executive Committee. They are elected to serve for a period of one year and elections lake place annually at the Annual General Meeting. Members of the Executive Committee have a broad range of skills and experience including voluntary sector man8gement al a senior level, social enterprise development. finan. property developrnenl, planning and building rnanagemenl. The Iruslees delegate day-to-day management lo the manager Adrian Harris. Pay and remuneration of key managernenl posts 15 sel by referencts lo markel condilions. Risk Management Lambelh Accord review 811 risk assessmen15 on an ongoin9 ba51s, indudin9 health and safely, financial, legal and other topics. lo which the charity is potentially exposed. System5 and procedures are in place lo manage those risks. The Executive Committee has taken a very prudent approach to the org3nisation's finances lo ensure that appropriate leve15 of funds are held in reserve while continuing lo invest in the maintenance of the building to rneel its responsibilities to lenanl or9anisalions and service users where required. Oblecllves and activitles The company is a charity that exi51s to promote the social and economic inclusion of disabled people within the community. Our operating n8me is 'We are 336., which reflects the ethos ol the building. In selling ils objectives the trustees have due regard lo the Charity Commi55ion guidance on publi¢ benefit. Supporting and Worklng with Di5ablllty Organlsatlons We offer acces51ble and affordable office accommodation lo charities that support Disabled people. The demand for office space remains robust posl-COVID and we have an occupancy Tate ol about 850/0 al the end of the year. The occupancy ol the office space by disability or9anisalion5 has been fairly constant al 15 oro3nisations. Tenanl occupation by dvratlon shows that the majority of tenants in 202312024 had been In occupation for more than two years. 8nd nearly two-thirds had been in occupation for more than five yeaT5. Lambelh Accord has regularly offered work e:.'perience placement opportunitles to Disabled people some of whi¢h have led lo paid employment. We have worked with Status Employment, Soulh London and Maudsley NHS FoLJndalion Tru51 and other lo¢al voluntary organisation5. These opportunities help people prepare for the world of work. Lambeth Accord has a positive action procurement policy, lo purchase goods and servlces from local disability organi5ations During this year Lambeih Accord has continued to work closely with Carpet Cleaning Care. Lambeth Accord continue5 to be a partner in Lambeth Council's Community Hubs Development Programme, The Hubs this year lauriched a web5Ite.' hll s.Illambethhubs.coml which has a range of free resources lor community building
Lambeth Accord Company Limited by Guarantee Trustees. Annual Report {Incorporating the Director's Report) Yoar ended 31 March 2024 ¢ommunlty Enga9amont Conference space.. The conference spa¢e on the main lower floor is let al commercial rates lapart from lo chariliesl- which helps to subsidise tho rents Charged to the offices above. Th15 use 15 slowly growing back to pre-COVID levelg. Repair Café.. Thi5 year we started a Repair Café. The Cafè aim to repair broken items for free, to reduce the amount of wa51e. This takes place 31336 on the 1$1 Saturday ol ea¢h month. The repaired items are household ele¢troni¢s. mechanical devices, computers, bicy¢les, and clothing. The repairs are undertaken by volunteers, with around 85% repaii rate. The Café provides tea, coffee and cake, all lor free. 11 slarted in June 2023 with 102 people bringing rtems to be repaired.. this has more than doubled by March 2024, to 228 people. The calé is a parinership between an Integrale Agency CIC (Community Interest Company) and Lambelh Accord, we have set up Repair Café Lambelh CIC. The website is htl s.Ilwww re 8lfcafe- lambelh or When it started il was the only Repair Cafè operaling in Lambeth. This CIC has gone out to fund raise money in its own name, from trusts 5v¢h as the Big Lottery. This is lo pay for the adminlslration. relreshmenls and room hire. Comrnunily Kitchens.. The Share Community kitchen is used most days a week for basic life skills lor it5 Students. Th6 Healthy Living Plallorrn kitchen is used one or twice a week. The Food Hub.. The Healthy Living Platform. Surplus food hub has increased the number ol food banks and pantries to 40 to 45 per week. The gallery.. Over the last lew years the basement has been let to an ?rtists' group as a workshop and although this Usè is coming to an end, the space is sli11 occasionally used for exhibitions. A new use lor this space will be soughl in future. Performan¢e anil Dev?lopments The focus at the start of the year was the building development project, the end objective being the major refurbishment and expansion of the current site. The DireGlors' aim is to transform the buildin9 into a 'slale ol the art, accessible office resource lor disability organisalions and a first-class inclusive conference and meetin9 facility. Towards the end of Ihe financial year Lambeth A¢cord restarted a consultation with charities housed al 336 regarding the suggested development. Thi$ is going to be an ongoing process.
Lambeth Accord Company Limited by Guarantèe Trustees, Annual Report Ilncorporating the Dlrector's Report) Year ended 31 March 2024 Flnanclal Rèvlew The position of the charity at the year-end is set out on page 7. Thè principal lunding source continuos to be tenant income. Resorvès policy Total reservès al the year-end amounted to £1,396,58512023 £1.364,7651 ol which £1,031,29612023 £1.062,2961 related to restricted reserves. During this year we have maintained sufficient reserves to meet Ihe reserve policy requirements of 6 rnonlhs running costs. To inform the building development exercise, we have also recently commissioned a maintenance plan covering costs of refurbishment over the long term. In the interim. the Directors have allowed for a minimum largel of £150.000 per year lor this purpose Any additional money over and above the agreed level of reserves wi11 be used on the building development. Investmont policy GVen the current level of fund5 available lo the charity, banking facilities provided by the Bank of Scotland meet the charily's currenl requirements for maximi5ing earned interest. Small company provision$ This report has been prepared in accordance with the provision5 applicable lo ¢ompanies entitled lo the small compani¢s' exemption. Trustee Dale Ig/ o"zLt
Lambeth Accord Company Limlted by Guarantee Independent Auditor's Report to the Members of Lambeth Accord Year ended 31 March 2024 Independent Examlnerfs Report to the Trustèès of Lamb•th Accord Limlted I report lo the charity trustees on my examination of the accounts of the company for the year ended 31 March 2024 which are sel out on pages 6 10 16. Responsibilltles and basls of report As the charity trustees of the company land also ils direetors for thè purposes ol company lawl you are responsible for the preparation of the accounts in accordance wth the rtrquiremenls of the Companies Act 20061.lhe 2006 Act'l. Having sa115fied myself that the accounts of the Company are not required to be audited under Part 16 ol the 2006 Act and are eligible for independent examination. I report In respect of my examinalion ol your company's accounts as carried out under section 145 01 the Charities Act 20111'lhe 2011 Acl'l. In carrying out my examinalion I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independ•nt examiner'$ statement Since the company's gross income exceeded £250,000 your examiner must be a member ol a body listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake the exarnination because l am a member ol Ihe ICAEW, which 15 one tsf the listed bodies. I have ¢ompleled my examination. I confirrn that no matter5 have come lo my attention in connection with the èxamination glvin9 me cause to believe that in any malerial respect.. accounting records were not kept in respect olthe company as required by section 386 of the 2006 A¢t', or the a¢¢oun15 do not accord with those records., or the accoun15 do not cornply with the a¢¢ounting requlremenls ol section 396 of the 2006 Act other than any requirement Ihat th¢ accounts give a 'lrue and fair view, whi¢h is not a matter considered as part of an independent examinalion., or the accounts have not been prepared in accordance with the methods and principles ol the Statement of Recommended Practice for accounting and reporting by charities. I have no Concerns and have Come across no other matters in conne¢lion with the examination to whi¢h allenlion should be drawn in this report in order lo enable a proper understanding ol the accounts lo be reached Susan Plumb ACA ICAEW Haine5 Watts Station Approach Newport Street Swindon SN13DU D31e
Lambeth Accord Company Limited by Guarantee statement of Financial Activities (including Income and expenditure account) 31 March 2024 2024 2023 Unrestricted funds Restricted funds Total funds Total funds Note Income and endowments Chaiitable activities Other trading activities Investment Income Other income Donations Grant5 311,484 8.047 6,189 9,207 3,316 1,740 339,983 311,484 8,047 6.189 9,207 3,316 1,740 274,562 6,170 1.167 24,869 47,329 Total Incomg 339,983 354,097 Expenditvro Expendilure on raising funds.. Costs of other trading a¢livitie5 10 Expenditure on charitable activities 11,12 Total axpenditure 10,802 266,361 10,802 297,361 308,163 17,990 476,951 31,000 277,163 31,000 494,941 Net Incomellexper¢diturel and net movement in funds 62,820 131,0001 31,820 1140.8441 Rgcon¢illallon of funds Transfer between funds Ttslal ILknds brought forward Totsl funds carrled forward 302.469 1,062.296 1.031.296 1,364,765 1.398,585 1,505.609 1.364,765 36S,289 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. Tho note8 on pages 8 to 16 form part of thes8 flnanci81 statements.
Lambeth Accord Company Limited by Guarantee statement of Financial Position 31 March 2024 2024 2023 Fixed assets Tangible fixed assets 17 1,024,999 1,049,999 Current assets Debtors Cash al bank and in hand 18 33,002 426,424 38,804 343,140 459,426 381,944 Creditors.. amounts falling due wlthln one year Net current assets 19 87.840 67,178 371,586 314.766 Total a5set5 l*ss current Ilabillti&$ 1,396.585 1.364,765 Funds of the charity Restricted funds Unrestricted funds 1,031,296 365.289 1,062,296 302,469 Total charity funds 20 1,396,585 1,364.765 The directors nSIder that the Company is entitled lo exemption from the requirement lo have an audil under the provisions of section 477 01 the Companie5 Act 2006 relating to small companies. Directors, responsibilities.. 11 The members have not required the company lo oblain an audit of ils accounts for the year in question in accordance with section 476., 121 The direclors a¢knowledge their responsibilitie5 for complying with the requirements of the Act with respect lo accounting record5 and the preparation ol accounts. The financial statements have been prepared in accordance with the provisions ol the Companies Act 2006 applic8ble to companles subject to the small companies, regime. The financial slalemenls were approved and authorised for issue by the Board of Trustees on and signed on ils behalf by Lt ZO J+ AAyo8de- Trustee D Slrong- Trustee The notes on pages 8 to 16 fom part of these flnan¢lal statements.
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statemènts Year ended 31 March 2024 General Informatlon The charity is a private company limited by guarantee. registered in England and Wale5 and a registered charity in England and Wales. The address of the reglstered office is 336 Brixton Road. London, SW9 7AA ststement of complianc• These financial statements have been prepared in compliance with FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland.. the Statement tsf Recommended Practice applicable lo charlties preparing their accounts in accordance with the Finan¢ial Reportin9 Standard applicable in the UK and Republic of Ireland IFRS 1021 ICharitie5 SORP IFRS 10211 and the Charities Act 2011. The ¢harily constilules a public benefit entity. Accounting policies Basis of preparation The financia1 slalements have been prepared on the historic81 cost basis, as modified by the revaluation of certain financia1 assets and liabilities and investment pioperties measured at fair value through income or expenditure. The finan¢ial statements are prepared in sterling, which is the funciional currency of the enlily and rounded to the n8arest £. Dlstlosure •xemptlons The enlily satisfies the ¢riteTia of being a qualifying enlily a5 defined in FRS 102. As such, advantage has been taken of the exemption ol in¢luding a cash flow staterllenl. Golng conc&rn There are no material uncertainties about the ability of the Charity lo continue as a going concern. Fund accounting Unrestricted fund5 are available lor Use at the discretion of the trustees lo further any ol the charity's purposes. Designated funds are unrestricted funds earmarked by the Iruslees for particular future project or commiiment. Restricted funds are subjected lo restrictions on their expenditure declared by the donor or through the terms of an 8ppeal, and Yall into one ol two sub-cla55es.' restricted income funds or endowment funds.
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statements IcoJ)Ilnuedl Year ended 31 March 2024 Accountirtg policios Iconflnuod) In¢omlng rnsources All incoming resources are included in Ihe slalemenl of financial activities when enlitlemenl has passed to the eharily.. It is probable that the economic benefits as50cialed with the transaction will flow IL) the charity and the amount can be reliably measured. The following specific policies are applied to particular ¢ategorie5 01 income ncome from donations or grants is recognised when there is evidence tsl enlillement lo the gift, receipt is probable and Ils amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is e5tsblished. income from donated goods is measured at the lair valtjè ol the goods unless this 15 impractical to measure reliably. in which case the value is derived from the cost lo the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts 8re included lor the contribution ol oeneral voluntÈers. income from contracts for the supply of Services is recognised with the delivery ol the contracted Service. This is classified as unrestricted funds unless there is a contractual requirement for il lo be spent on a particular purpose and returned if unspent, in which case it may be regarded a5 restricted. Resources &xpended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be lully recovered, and is classified under headings of the 51alernent of financial a¢livitie5 to which il relates.. expenditure on raising funds includes the costs ol all fundraising a¢tivilies. even15, non- harilable trading aclivilies, and the sale of donated goods. expenditure on charitable activities includes all ¢0st5 incurred by a charity in undertaking activilles that further ils charitable aims for the benefit of its beneficiaries. including those support costs and costs relating lo the govemance ol the charity apportioned to charitable other expenditure includes all expenditure th31 is neither related to raising funds lor the ¢h2rily nor part ol expenditure on charilable activities. All costs 8re allocated to exp8ndilure categories reflecting the use ol the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared c051$ are apportioned between the activitie5 they contribute to on a reasonable, justifiable and conslstenl basis. Tangiblè assgts Tangible assets are initially recorded al cost, and subsequently stated al cost less any accumulated depreciation and imp3irmenl losse5. Any tangible assets cairied al revalued amounts are recorded al the fair value at the dale of revaluation less any subsequent accumulated depreciation and subsequent accumulated impaimenl losses.
Lambeth Accord Company Limlted by Guarantee Notes to the Financial Statements Iconllnuedl Year ended 31 March 2024 Ac¢ountlng pollcl?s (contlnv¢dl Tangible assets 1cofttln0} An increase in the carying amount ol an asset as a result ol a revaluation, is recognised in other recognised gains and losse5. unless il reverses a charge for impairment Ihal has previously been recognised as expenditure within the statement of financial activities. A decrease in the carryin9 amount ol an asset as a result ol revaluation, is recognised in other recognised gains and losses, except lo which il offsets any previous revaluation gain, in which case the loss is shown wilhin other recognised gains and Ios5e5 on the s131ement of financi81 activiiies. Depre¢lation Depreciation is calculated 50 as lo write off the cost or valuation of an asset, less ils residual value, over the useful economi¢ life ol Ihal asset as follows.. 2Qkn 51raighl line 20. 51raight line Freehold property Plant and machinery Impairmont of fixed assets A review for indicators of impairment is carried out al each reportin9 date. wth the recoverable amoLJnt being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments arè also ieviewed lor possible reversal 81 each reportin9 date. For the purposes ¢f impairment testing, when rt is not possible lo estim8le the recoverable amount 018n individLJal asset, an estim31e is made ol the recoverable amount of the cash-generaling unil lo which the asset belongs. The cash.generating unit is the smallest idenliliable group of assets that includes the asset and generate5 cash inflows that largely independent of the cash inflows from other assets or groups of a55els. For impairrnent testing ol goodwill. the goodwill acquired in a business combination is, from the 3CqUl51tion date, allocated lo each of the cash-generating units that are expected to berief1t from the syner9ies ol the combination. irrespective of whether other assets or liabilities ol the charity are assigned to those units. DebtOTS and prepayment$ Trade other debtors are recognised al the Settlement amount due after any trade discounts. Prepaymenl5 are valued at the amount prepaid nel of any discounts. Creditors and provlsions Creditors and provisions are recognised where the charity has a present obligation resulting from a p3s1 event that wi11 probably result in the transfer of funds to a third party and the amount to sellle the obligation can be measured or estim3led reliably. Limited by guarant¥8 Lambeth Accord is a charitable company limited by guarantee. In the event of the ¢haTily being wound up membeTS' liability is limited lo 0.25p. 10
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statements (conbnuedj Year ended 31 March 2024 Charitable activities Unre5tricled Total Funds Unreslricled Total Funds Funds 2024 Fund5 2023 Rent5 from charities Room booking5 Catering 260,443 49.788 1,253 260,443 49,788 1,253 220,061 53,420 1,081 220,061 53,420 1.081 311,484 311.484 274,562 274,562 Other trading activities Unreslricled Total Funds Unrestricted Total Funds Funtjs 2024 Funds 2023 Room bookings 8,047 8,047 6.170 6,170 Investment in¢ome Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank inleTesl 6,189 6.189 1.167 1,167 Othgr Income Unre51rioted Total Funds Unreslricled Total Funds Funds 2024 Funds 2023 Other incorne 9,207 9.207 24,869 24.869 Donatlons and Grants Reslricled Total Funds Funds 2024 Restricted Total Funds Funds 2023 Lambelh Council Cily Bridge Trust-slepping Stones 21,310 21.019 21,310 21,019 42,329 42,329 11
Lambeth Accord Company Llmited by Guarantee Notes to the Financial Statements {continv•d) Year ended 31 March 2024 Doflatlons and GrBnts Unrestricted Total Funds UnTe51ricled Total Funds Funds 2024 Funds 2023 City 8ridge Trust Donations 1,740 3,316 1,740 3,316 5,000 5.000 5,056 5,056 5,000 5,000 10. Totsl Re50ur¢8s Expanded Basls of Raising Charltable Governance Allocatlon Funds Actlvities 2024 Total 2023 Total Dlract Costs Staff costs Audit & legal Training, subs & sundry Project Direct Direct Dirèct Direct 3,570 150,955 5,527 3346 2,000 156.525 5.527 3,346 156.538 16.545 1.425 147,486 Support costs allocated Comms, slalionery and travel Usage Floor are Floor area Trans Usage 159 3.032 3,191 5,038 Repairs and building ¢osts 44,732 44,732 102,974 uli1ilies and Insurance Finance costs Depreciation Professional Fees 3.323 63,141 66,464 378 25,000 3,000 37,662 293 25,000 1,980 378 3,750 21.250 3,000 Totsl r8sources èxpended 10,802 294 983 2,378 308 163 494,941 12
Larnbeth Accord Company Limited by Guarantge Notes to tho Financial Statements Icontlnuedl Year ended 31 March 2024 11. Expenditure on ¢haritabl• actlvltles by fund type Unrestricted Funds Restricted Total Funds Funds 2024 Ch8rilable rents and conference inctsme Support costs 274.785 2,378 31.000 305,785 2,378 277,163 31,000 308.163 Unrestricted Funds Restricted Total Funds Funds 2023 Charitable ront5 and conference income Support costs 306,655 3.553 184,733 491.388 3.553 310,208 184,733 494,941 12. Expendlture on charltabla activitie5 by activity type Aclivilles undertaken directly Support Total funds coslg 2024 Tolal fund 2023 Charitable aclivily Govemance costs 305,785 305,785 2.378 491,388 3,553 2,378 2.378 305.785 308,163 494,941 13. Ngt lexpenditur•llSncorne Nel lexpendilurellincome is slated after chargingllcredilingl.. 2024 2023 Depreciation of tangible fixed assets 25,000 25,000 14. Accountants remuneration 2024 2023 Fees payable lor the independent report of the financial statements 1,320 1,260 13
Lambeth Accord Company Limited by Guarantee Notes to the Financlal Statements I¢oniiny*d) Year ended 31 March 2024 qs. staff costs The lotal staff costs and Èmployee benefits for the reporting period are analy5ed as follows.. 2024 2023 Wages and salaries Social se¢urily costs Pension costs 137.537 12,270 6,718 137,650 12.261 6,627 156,525 156,538 The average head count of employees during the year was 712023.. 71. The average number of lull-time equivalent employee5 during the year 15 analysed as ftsllows.. 2024 No. 2023 No. Manager Centre 51aff Adminisiration & support No employee received employee benefits ol more than £60,000 during Ihe year12023.' Nill. Key Managèm&nt Personnel Key managernenl personnel include all persons that have authority and responsibility lor planning, direcling and controlling the activities of the charity. The lolal compensation paid lo key management personnel for 5ervi¢es provided lo the chaiily was £58,93812023 £57.2231. 16. Truste8 remuneratlon and oxpenses No Iru51ees received any remuneration during the year12023 nill. No expenses were reimbursed to trustees during the year12023 nill. No trustee or other person related lo the ¢harity had any personal interest in any contract or transaction entered into by the charity during the year12023 nill. 14
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statements [continv•d) Year ended 31 March 2024 17. Tangiblè flxed assets Freehold property Plant and m3chinery Total Cost At 1 Apr 2023 and 31 Mar 2024 Depreclatlon Al 1 April 2023 Charge for the year At 31 March 2024 1,249,999 417,213 1,667.212 200.000 25,000 417.213 617,213 25.000 225,000 417,213 642,213 Carrying amount At 31 March 2024 1,024,999 1,024,999 Al 31 March 2023 1.049,999 1.049.999 18. Debtors 2024 2023 Trade debtors Prepayments 32,135 867 16,791 22,013 33.002 38.804 19. Creditors: amounts falllng due withln one year 2024 2023 Tr8de creditors Other creditors 10.988 76.852 12,566 54,612 87.840 67,178 Included in other creditors is deferred income of £71,791 12023 £52.5061. All was released to income in the year lo March 2025. 20 Analy51$ of charitable fund$ Unr9Stricted funds At TransfeT 31 March 2024 Al 1 April 2023 Income Expenditure General funds 302,469 339,983 1277,1631 365,289 15
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statements I¢oniirtU0d) Year ended 31 March 2024 20. Analysls of charitable funds l¢onlinuvd) Reslricled funds At 1 April 2023 At Transfer 31 March 2024 Income Expenditure Revaluation reserve Big Lollery Fund City Bridge Trust 1,049,999 8.019 4,278 125,0001 16,0001 1.024.999 2,019 4,278 1,Q62.296 131,0001 1.031,296 Lottery Fund- Grant to look at feasibility of accessible gym City Bridge Trust- Feasibility Study on building 21. Arhaly5is of net 355èts bgtwtron funds Unreslricled Funds Reslricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assots 1,024,999 6.297 1,024,999 459.426 187,8401 1,396.585 453,129 187,8401 365,289 1.031.296 22. Relatèd Party Transaction$ No related party transactions took place during the year. 16