REGISTKRED CHARtTY NUMBER: 292011 Truatst$ for Pcter Upton Bridg¢ House 2 Bridge Avenu¢ Maidenh¢&l B¢hire SL6 IRR
Comtents of the FlnADclal Ststements for the YeHT End 31 P8gt Report of th¢ Trstl Ind¢p¢ndent Ex*miner'$ R¢port ststemwbt of Trkn8ndg1 Activitles Ballnee Sheet Plotej to the fftDAnciil Ststemeths 7 to 11 Detailed Ststsrntnt of Th]han¢l#l Actlvitle8 12 13
l Trust UK r Eded 31 J¥1 20 The direLtors of the trust¢e compgny p5¢1 their rqM)rt with the fjnancial statements of ih¢ ch8rity forthe yeoJ ended 31 July 2023. The tru5tc¢s hive iOpted the provisions of Accounting attd Re1rtillg by Ch4riti¢S.' StateMt of R¢wM¢nded Practice applic4ble io ¢h&rities prepartng thcir accounts in accordance with the Fitiancial Reporting Standard applicable ltt th¢ UK al Republi¢ of Kr¢l4nd IFRS 1021 (effediv¢ l January 20191. Lif¢ EI¢m Thist (UK) - tET(UKI - b¢gart operating in 1985. Th¢ Charity'5 activitics involve the diSseMtttlOD of knowledge promotiug spiritual health at¥J w¢llbeiTh& and Partitul8r the techniques of Sahaj&Yogtmediwion 4nd th¢ teaching5 of Si)ri Matsji Nirm8]a Devi. Life Etcrnal Thtst (UK) Limitr( a company limited by 8uaTanttt. registered in Et)gland and w¢5 compgny DUtllb¢r 06534285. the sole trustee of Life Eterna] Trust (UKI Thc Dir¢etors of the company 8re Ji5ttd b¢low and the Cornpany Sretary is Strphr Martin. OBcTIVEs AND ACTIVITIES Objective$ Dd aims Obj¢dives and ain The aims of the cbarity are &8 set out in th¢ trust de¢d and ¢etttre on the dissemination of knowledge wllich promote5 and actualises physicaL meTLtal, ¢ttJotionaJ and spiritual health, balance and w¢ll-bcin& This knowledg¢ comprises in particular th¢ tniqueS of Sahaja Yoga meditaiion and th¢ teachings of SILTi Mataii NinDala D¢Y4 which CO]lIu1t.vlShw8 NIMla Dh8ThLa" (Uthiversal PLU¢ Religion) . th¢ sythesi5 and ingration of the world'5 Iriaior religions. Th¢ ¢harity pronx>tes the idea and prnctice of 'Sahaja Dhamm. &$ a m(Mlel for a tol¢raD¢ and spiritu8lly-¢¢ntred way of life. The Gharity ge¢ks to advan¢¢ education throughout the world and f05tus the undcrstanding and pra¢¢ice of JThu5ifj 8ns and craft¥ from differ¢nt culturts. Significant rtivltit8 It ljas olways been OD¢ of the Charity's COT¢ 8¢tivitics to PTovid¢ regular frE¢ ¢lwe5 itl Sahaja Yoga tcchnioues and the te&¢hin88 of Shri Mat#ji NiMla Devi. The Classes are u5uaJly offtred to th¢ general w]blic in communiry premi5¢4 4¢ross London and throughout th¢ UK and hosted by established praditioners of S8haj& Yoga lactillg as unp8id volunteer51. Under COV119 re5tri¢tions phy5iral Meetin WC not pos$sbl4 and the Charity5 vvlunteers dev¢lop¢d a c0tnpreiIyC 5ubstitLrte pr0grPmTr of online clas8es. With Covid-19 r¢stri¢tions now r¢move& most (Ff th¢ in-p¢rson Sahaja YO public classes have rtr5tart& although in addition some online ¢IseS arc Still being ¢ottducted. Atl in¢identsl b¢n¢fit of OD]in¢ ¥I&$s comp8Trd with physical 'locai" m¢¢ting8. is thr ab¥ence of a gcographi¢al c4)nsttaint on who ottend. Th¢ CtY continuas to d¢velop its olllill¢ method5 to Ivertisc Sahaja Yoga meetings and to establish and maintaiD contact with people ini¢r¢8ted in Sahgia Yo Th¢ Ch8rityhas rrsumed it$ programtn¢ of rcgular ajjd repeat att¢ndance at exhibilioDS and festivals. Orgattisus of thes¢ ¢veftts hav¢ r many years w¢l¢omed the Charitys partiiipation. providArtg as it drts the ben¢fi¢ial cffects of S&haja Yw meditation for theiT show visitors, and continu¢ w give th¢ Charity tsvourable terni$. In particular the London Ideal HO Show l Marth 2024) w in previous year& otse orth¢ Charity'5 Inore 5uece5sfv1 public-faring ¢ven The Charity has secure(L for the el¢v¢nth consetutive ycar, & 'Googl¢ Adwor&s' grant for publi¢bsing the Ch8ritys meditation medings. The Yalue of ihe grant 15 $120,OKI. Further to obtaiTLing the Lrrtifi¢&te of iawfulntss for thc Clwity's use of its Blthxham Bam Farm propoty, the Clwity continue5 to make comprehensive building improvcrnents. Local tr8despeopl¢ are being engaged and the ChariWs volut)tsxrs hav¢ made a signifi¢ani adive contribution. thus saving coyts. Works ose fiLnded by donations raised specifi¢oily for the purp08e, to avoid fLnan¢i81 impact ort the Cjwity's other a¢tiviLie5. In Jwjc 2023 th¢ Ch8rity hosknl a major intsrnationai ¢vet)t at Bloxham Barn Fam4 anended by nwre than I,WO Sahsia Yoga prnctition¢rs from the UK and over 25 wuntries. As a significant and symbolic ¢xample of intemational collabomtion in advancing the wmmon aims of the Charity and its sist¢r o]yisation it) Italy. the Charitys property in Cantslupts Ligu ltsly. wuired ill June 2014, is now bein8 led to Madr¢ ItTrpresa Sociale Srl Ets (part of Fotldazionc Molldi81e Sbri Ma¢ajt Nirrtlaia Dcvi Sahaja YD8a bas¢d itt Cabella LiguK italy). Under thc tern of a full TtP8iring and insuring lease agrr•nen( with p¢ppercorn r¢thL entered into in Aprfl 2023. M&dre &ssum¢8 responsibility all ¢xpenditur¢s related to the prop¢rty gnd for wmpliaSLce with a]1 Italian nation athd regional requiremrt und the managcmeni of c MadT4 use of th¢ propety will )ntinue to lfil th¢ 8im8 and objtttivcs of th¢ Clwity. io an ev greatcr d¢gree than hitherto. The Charity has COAtinued to provid¢ fijnds for inrnatSona] ryiucation projects rnn by sistff or8anlsatiolls in Italy and the L7E¢b RepubliG As in previous Ye9 finan¢ial 8nd voluntecr support h&9 beal provided to ¢ar¢fully s¢l¢¢led i[Lt¢rJf10nal PToj¢cts dcYot¢d to spreadÈDg Sabaia Yoga in Vario part5 of the worl The Charity conlitLUeS to take the n¢ccw sps to fidfil its obligations underthe Gen¢Tai DataProlxtioD Re8ulation. Volyttteers The tharity relics solelyon voluThte¢rs forits Jministration and its Ghwitablc work 8nd hs no paid employe Pa8¢ 1
Life Eternal Trwt UK for tke Year Ended 31 Ju ACHIEVEMENT AND PERFORMANCE Chgrltsble a¢tlvltl¢s Voluntary donation incotne froTtL Sahaia Yoga practitxoncr& much of it a5 regular Ttlonthly standing ord¢rs. is used io provide the CqUiPThLent And f][]11¢8 neeessary for Sahaja Yoga me¢tings and fundions io the iJt( aDd to giv¢ finan¢iaJ support to InternlOal ctiviiies &8 noted elsewhere in This r¢pon. Ch•ritsblt puryosu And publ¥c btmefit The diTectOLS of Lif¢ Etern81 TnLSt (UK) Ltd have considered the r¢quiretncnts of thr Ch•Jtty Cojnmission in relation to ¢haritabl¢ purpos¢s and public ben¢fiL and ar¢ fully satisfied that the Charity m¢$ those requirement& Fll¥ANCIAL REVIEW Prlnelpal F¥ndfiDg Sourceg It is a key t¢1 of the Charity tbat the knowledgt and experice of Sahaja Yoga is always provided compl¢t¢ly free of clwge. kntiviti¢S are fjnanccd by volunt8ry doJJation5 fn)m Sabaju Yoga pwiitioncrs as the Ciwity dtts not r&ise donations from the 8eneAI public. Reservo8 poiky At 31 July 2023 reserves tot&]l¢d £.2,28I.12112022 £2,142,651) of which £989,298 is rcstrictcd. Unrcstri¢t¢d reserves of £1,281.121 are to be used in IiD¢ with th¢ wtDS ofthc Charity as se¢ down in the trust dccd. Review of the yer Tolal incomitlg r¢bour¢¢s for the year am(punted to £454,706 (2022- £252.4011. During th¢ year. direct charithle ¢xp¢ndIttt wa8 £316236 {2022- £170,360). in¢omin8 resources for the year amounE¢d to £138,47012022- £81401). Thcr¢ is an accumulated balAn¢¢ on unr&%triL#ed fiumjs of £1.291.823 at 31 July 2023 (2022- £1.220,615) and restricted funds totailed £989.29812022- £922.0361. FUTURE PLANS The charity continues io have Iwo tnain areas of focu5. It Mll continuc to SPTthI the knowledge of Sahaja Yoga meditslio promoling spiritual health and wcllbcing for through public meetings and events. Online Cl¢8 d¢velopcd &8 a rcsult of Covid-19 rcstriction& will continuo to b¢ offered although on a limitd sGJe. Furtberniore. th¢ tharity will prode the means for SahAia YO practition¢rs to d¢¢pen th¢iT spiritual developtn¢Dt throu8h ¢1¢]10 in ¢uEbJrai tIVItIeS. STRUCTURE. GOVERNANCE AND MANAGEMENT Gwering docu¢Th¢ The ChilY 15 t]iSterCd under a Trnst dccd dthd 28 M&y 1985 as amended by further d¢e4s dated 18 May 2000 and 29 Febnjary 2008. Lif¢ Etrrnal Trust IUK) is re8iStCTed with the Charity cormi10n for En8iattd and wal number 201 I. Recrultmettt and appo5utmÈnt of new tru5ttts The directors of Life Etcmal Tntst (UK) Limited bring their own personal and prOf$lOnal skills to br4r when acting as trustres of the charity. lThey idcntify the mix of Skill& knowledgc and expcrienc¢ n¢c¢ssary forthc efficient and effeetive operalion of the ¢hATity and ensur¢ lha¢ ail JLeed5 mel cailillg ou ¢xt¢rnai prof¢s5ional h¢lp &8 appropTial¢. OrganiJAtioll41 $trllrture During the fjnanciaj ye8x r¢p)rted otl her¢ity the diredors of Life Etern Trust (UK) IAd responsible for ttIng 5tratrgi¢s and policies for the Charity a5Ld for tur]ng that these are implcmwwd. The directors meet on a rcgular basis to Tevi¢w tht work of the Charity and to deal with its dethild financial and &1ministrative affli The diredors of Life Etcmai Trust (UK) Ltd hove appointed rl ftumbcr of working grwps w deal with the variou5 arw of thc Chariws activity such publioity. ¢dUtiOn. s)cig1 affalr property. tinw]¢¢, and so on. Earh wotin8 group includes at l¢&%t Im¢ directsw of the tslLStee £ompw]y. Inductiott #nd trainlns of trustee5 DirecloTS of th¢ trustcc wmpany who hav¢ h¢ld offic¢ for many ye4[8 tth ¢8r¢ to shoxe th¢ knowledgc th¢y have acquir¢d. Advice fr¢m the charitys &dvis¢T5 is fvlly report to company diTlOr in partiwiar the risk fis5¢ment pr$ rccornJr*thded by th¢ rlwrity's snsuran¢¢ broker. Th¢ trllstre dirtrttsrs r¢£4)]5¢ the n#d to &qsess wh¢ther any training might b¢ required in orderto improv¢ thc way thcy mènage thc charity. Widtr network The ¢hwrity cooffts Wltb organisations in other countries h4vxtt8 the Sle aims arld obje¢tiv¢& In partirular, th¢ clwity Sllptths the Shri Mat4i Nirmala tkvi Sahaia Yo8a World Fouodation ba¥ed in Cabella Ligure, ItJJy, and NiFmal ltt1¢llcctk Prvp¢rty Coryoratiotl ITL the USA whlch is responsibl¢ for th¢ psetatIon ar distribution of the recorded teachings of Shri Mataji Nirma Pa2
Approved by order of the Board of Trustees on 31st July 2024 and signed on its behalf by:
........................................................................... Stephen James Martin - Trustee
IDde ¢ndettt Kxaminer's Re Llfe Etsrnil Tryst UK rt to the Trustees of IDdepeRdeDt examlner's repor¢ to the trust of Lif¢ Eternal Trust IUKI I report to the charity trusttt5 on my examination of the account$ of Life Etrrnal Trust (UK) (the Trust) for the year ended 31 July 2023. R¢gpon$lblltdes and b1$ of report As the charity trustce5 of the Trust you aTe respowible forthe prepoTrtion of the iti >rdatt with the requlretttnts of the Charities Act 2011 ethe Ad). I report in r¢spe¢t of my examin]DA of the Trust's ac¢ount$ ¢atYied out urjder Section 145 of the Act and in canyLDg out my examination I have followed ail applicabl¢ Directions given by the Ch&rity Cotmnission under Settion I4515Xbl ofthe Act. Indep¢ndefjt ¢xamln¢r'$ $ta¢¢meot Since your charitys 8ro&s income excecded £250, your Cxaminer must be a mcmber of a listcd body. I can confllm ttlat I [1 qua]ifioJ io undertak¢ the examination be¢&us¢ 18m a M)ber of th¢ Institut¢ of chart¥ Attounkmts in En8land ond Wa]¢4 which is one of the listrd bodie5. I have completed my examination. I confirm thai no matrrid Jllthers have come to my attention in conlle¢tion with the examinatii)n giwing m¢ ¢aus¢ ¢0 t*li¢ve thal in 8ny matuiai respt.. a¢¢ounting w¢r¢not k¢pt in respcct of ibe Trnst &8 required by Section 130 ofthe Act. or the accounts do not accord with ihose record5; OT th¢ a¢coun¢s do not ¢omply Mllth th¢ applicable requirements concerning the forni and eontent of A¢¢ounts set out in the Chariti¢s IAwTrunts and Reports) R¢gulaiions 2008 other tlwi any r¢quir¢mtht thai the accounts give a tDJe and fair view whiGh is not a ¢onsidered 18 part of an itldependent examination. I have no ¢on¢erns and h&ve com¢ woss no other matters ITL COTLTLeetion wlth th¢ examithatk)rt to whkh attent&on should be thawn i this report itl order to enabl¢ &prop¢r understanding of thc accountsto be rcachc(L Pcter Upton FCA CTA Peter Uptoii Bridge Houye 2 Bridge Avenue Maidenhead Bukshire SL6 IRR Pa8e 4
Life Eternal Trust 31.7.23 31.7.22 Totsi furtds Unresrri¢Rd Re8tri¢x¢d fijnd funds rund5 INCOME AfiD ENDOWMEP4TS FROM lknatiOD5 aud lega¢i¢s 347.124 109.362 456.486 245.955 Oth¢T iDcome 26.580 125 26.705 Totsl 373.71)4 109,487 483,191 252.401 EXPENDITURE ON Raisin8 funds 20 20 Charitxble i¢tlYlti Events and Jn¢etin8S National Centre- Bloxhwn Barn F Itslian C¢ntr¢ 224.486 73,701 224.486 73,701 17.958 122.674 30.897 16.789 17.958 Total 298,207 17,958 31Q165 170,360 NET INCOME 75,497 91 J29 167.IY26 82,041 RECONCILIATION OF FUNDS Tota] fun&$ brougllt forward 1,220.615 921036 1142,651 2.060,610 TOTAL FUNDS CARRIED FORWARD 1296,112 1,013.565 1309.677 1142.651 The not¢s fonn part of th¢9¢ financi sta¢¢ll*nts Pagc 5
The financial statements were approved by the Board of Trustees and authorised for issue on 31st July 2024 and were signed on its behalf by:
........................................................................... Sarah Loveday Setchell - Trustee
e Kterna ote8 to Financ for the YeAr Ende ACCOIJNTING FOLICIES Bwts of prep•ri#g the finADcial stal¢ments The fittanci statcmthjts of the charity, whl¢h is o public benefit ¢ntity und¢r FRS 102. have beeJL Prew a¢cordance with the Charitie5 SORP (FRS 1021'Accounting aud R¢portin8by Charities.. Stst¢ment ofRecommcndoJ Practice applicable to charitj¢s pparing their accounts in atcordancc with the Financial Rep)rting Stsndard applicable in the UK and R¢publi¢ of Ittli)nd (PRS 102) {eff¢ctive l JaDuary 2019),. Financilll R¢portin8 Standard 102 Th¢ FinanGial R¢pDrtin8 Standard applicle in the UK Republic of Ireland, and the Charities Act 2011. Th¢ finJnci81 statements havc been pr¢parnJ uttder th¢ hl4oriLxI cost ¢onv¢ntion. All income is rt¢08nised in th¢ StsmettÈ of Financial Activitics ottce the chwity has ¢ntidun¢nl to the fulld& it is probabl¢ that th¢ income wi51 be rettived and the amount c4n ix me&$Ur reliably. Expendiluye Li8bilities are relS¢d a5 expenditu os soon &$ there is a lega] or ¢on5tructiv¢ obligation committiag the ¢harity to that expcnditUTG it is probable that a tyonsferof economic ben¢fits will bE rtquired iTh settlement and th¢ amount of the obligatiou e&n be meawrd r¢liAbly. ExpeTLdi¢ure is counted for on ats accrllals ba5LS and has been cl&85ified undcr headings that ggr¢gAtr ail c05t related to the category. Whcze costs canllot bc dir¢¢tly attributrd to particulgr h¢4dings they have been aJlo¢tt¢d io llctiviti¢s ot) abL%is consistent with the use of rewuTC¢S. Grgnts offered subject to conditions which hav¢ not b¢en mct at the year ¢nd date Ire noted as acoromitmrntbut not accrued &$ ¢xp¢nditur¢. TgIb fiJ¢d Assets Depreciation 1$ provided at th¢ following annual rntes in orderth ]¢¢ off each as ov¢r its ei[atrd us¢(ul life. Fixture8 and fitting5 25%on c4)3t Frffhold buildings a not depretiatcd thc dire¢rS believe thai th¢ estimated r¢5idual valuc is not T[ter1d[]Y different io the wryingvalu¢ of the building5. The directors claim excmption under the SORP from th¢ requirement tha¢ these &8s¢ts wt subjeet to an annual imp8irnient review. bul will CaY out wch B revicw when there is som¢ indication that th¢ T¢¢overable aTnount of the ass¢1 faus b¢low its n¢tbook value. tAtLd is no¢ deprcciated. TaItloD Thc thmrsty is exempl 6Y>m t&x on its ¢h8Titsbl¢ o¢tiviiies. Fund g¢¢ountln8 Unrestrictcd fimds con be used in a(rd0]¢ with the charitsble objecuves at the dIsctIon of the trustc Finin¢l•l1Thstrum¢llts The LOll]p3ny onty ha5 financial ass¢ts and liabsliti¢g of A kiDd that qllalify basir fjjjancial Instrumts, whith arc initially r¢tognised at trS&¢tiOn value ad 5ubs¢quentiy Dsur¢d 4t their settlem¢nt value. TRUSTELSI REMUNERATION AP4D BENEFrrs There w¢r¢ no ttwte¢5' r¢muneration or other benefts forthe year cndcd 31 July 2023 nor for th¢ year ¢nd 31 July 2022. T$*$. expell¥¢s Th¢r¢ wer¢ no trustecg ¢xpense5 paid for the year ettded 31 July 2023 norforth¢ y¢4T ended 31 July 2022. Pag¢ 7 contimied...
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES ut¢strict¢d Rcstri¢ted funds INCOME AND ENDOWMENTS FROM Donations and l¢wie8 171.669 74,286 245.955 322 6.124 To¢#l 171,991 80,410 251401 EXPEF4DITURE ON Charltsble A¢tivitie5 Ev¢nts and meetings National Centre- Bloxllatn Barn Farni Ita]iaft Centr¢ 121674 30.897 122,674 30,897 16.789 16.789 Totsl 153,571 16,789 170,360 Nrr INCOM Tran5fer5 betsv¢¢n 18.420 (2&870) 63.621 28.870 81041 Net movement in (10.4501 2,491 82.041 RECOIYCILL4TION OF FUNDS Total funds brought forward 1231,065 829.54S 2.060.610 TOTAL FUNDS CARRtgD FORWARD .220,615 922.036 1142.651 TANGIBLE FIXED A&8ETS Fixtur¢s Freehold property fittings 'rot21s COST At l August 2022 Additions Disposals 2.593.361 77266 20,935 34,503 (1.218) 1614,296 131.769 11,218} At 31 July 2023 1670,627 74,220 2.744,847 DEPRECIATION At l 2022 Charge for ye&r Elimin OD dispos 214,(KK) 11,725 5,928 11,218) 225,725 5.928 11,218) At 31 Juty 2023 214,000 16,435 230,433 F4ET BOOK VALUE At 31 July 2023 2.456,627 57,785 1514,412 At 31 July 2022 2.379,361 9.210 2,388,571 The last independent prot¢ssional valuation of the propty was carried out in March 2010 eonsidered to b¢ the r¢8ion of £1,600,0(M>. The dirT$ WISLdcr that in the light of improvemeJLt £xp¢ndilure and current morker ¢onditions the mwket yU¢ llt the year end 15 not sILf1¢SliY differ¢ut frotn rK¢ book vaJu4 and thu¢ ar¢ no indi¢ation$ of fijrthcr impainM¢. Page 8 conlinued...
L4fe Etermal TTU5t UK Notes to thé Flnanelal Stslemellts- Year Ebd Jul DEBTORS: AMOUNTS FALLING DUE WITHtN ONE YEAR 3 1.7.23 31.7.22 Ilher debtors 43.975 SQ517 CREDm)RS: AMOUNTS FALLING DUE wrrHIN ONE ITAR 31.7.23 31.7.22 Bank loans overdrafts {s¢e not¢ 8) Other l(p8J]s {see no¢¢ 8) TThle ¢r¢ditOTS Other ueditors Accrubls and deftrred income 28.000 49,313 25.0(X> IA063 89,757 27,300 8,341 10,298 43,093 89,732 207.433 CREDITORS: AMOUNTS FALLINC DUE AFTER MORE THAN ONE YEAR 31.7.23 31.722 BaDkI00 {see note 8) Othcr crcditors 314J49 30.0 322,170 344.349 321170 Th¢ rn0rt88E¢ is from NatiollAI Westtninstsr Bank plc foT a tcmi of 5 y¢ws and was re•nc8otiated in Au8U5t 2018 and is bein8 repaid on a Capital aDd int¢re5t b*L8i5. LnANS An allaiysis of thc maturity of loan5 is giw¢n b¢low: 31.7.23 31.7.22 Arnounts fatling due within othe y¢ar on danond: Bank loan5 Interest fre fAciliti¢s108ns 28,O¢NI 49.313 25,lJlJ 28,000 74,313 Amounts rling du¢ b¢tsv¢en two atld fjv¢years: B8nk108ns- >5 year5 314,349 322.170 SECURED DEBTS Th¢ following ured debts tre ijwluded within wedito]%: 31.7.23 31.7.22 Bank 108nS 342,349 371.483 Th¢ Mortgage from NatW¢5t 1$ $e¢ured by a l¢gAi ¢harge over Bloxham Barn Fami dated 19 JY 2010. Page 9 tinued...
Life E l Trust otes to the Fin e Ye4r Ended tlteme io. MOVKMEfYT IN FUNDS Net Movellt ID fuDds At 31.7.23 At 1.8.22 UnreJtricted funds G¢ll1 fiu 1220,614 75,497 Restricted fvnds Fami mortgage iniiiatSv¢ Italian Centr¢ Fami Improvemenis Proj¢¢t 523.626 398,41 I 523.626 427,720 62.220 29,309 62.220 922,037 91,529 1.013,566 TOTAL FUNDS 2.142,651 167,026 2,309.677 Nd rnov¢m¢nt ill fiM in¢ludtyJ in the above are as follow5: Incoming Resourc ¢xp¢nded Movement in funds UDre¥tricted fvp(15 General fund 373.704 (298,207) 75,497 Restrlrted funds ltslian C¢ntre Fami Improv¢Tt*TLts Prole 47.267 62,220 (17,958) 29,309 61220 109.487 {17,9581 91,529 TOTAL FUNDS 483.191 (31&1651 167.026 CornpAr8tEves for mov•méttt kn tsnds Net mov¢rtLcnt in fulld8 At 31.7.22 At 1.8.21 futbds Unr¢strl¢¢¢d fund Gener fiwd 1.231.065 18.420 128.8701 1220,615 Rtstrlctj IA)thdon Cthtre Farn rnortgagc initiative It7 Centr¢ FaTm Improvements Project 12 63,610 28.870 28,8f2 322.693 398,410 172,031 259,083 398,411 172.051 829,545 63,621 28,870 922.036 TOTAL FUNDS 1060,610 82.041 2.142.651 P4g¢ 10 ¢lmlitLued...
P4otu to the Financigl Statsm f•r the Year Ended 31 Jul 21n3 - eotS MOVEMENT IN FUNDS. toNtiTlld CompBr8Éive movementin fvnds in¢luded in the above are &8 follo ttlcoming MovemeDt Unrestritted funds General fund 171.wl (133.371) 18,420 Restrkt¢d fuDds London Centre Farni mortgage tnitiative Italian Crntr 12 63,610 16.788 12 63.610 (16.789) 80,410 (16.789) 63.621 TOTAL FVNDS 252.401 {170,360) 82.¢MI li. REIATED PARTY DISClnSURLS Th¢T¢ W¢ no related pty transactions forth¢ y¢gr¢nd¢d 31 July 2022 or 31 Juty 2021. 12. ULTIMATE CONTROLLING PARTY The uliimaie controllin8 of thc chaTity 1$ the board of dircctor5 of thetruse company. Pag¢ll