**Charity number: 292505** ## **WYMONDHAM CENTRAL HALL** ## **UNAUDITED** **TRUSTEES' REPORT AND FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 MARCH 2024** ## **WYMONDHAM CENTRAL HALL** ## **CONTENTS** ||Page| |---|---| |**Reference and Administrative Details of the Charity, its Trustees and Advisers**|1| |**Trustees' Report**|2 - 3| |**Independent Examiner's Report**|4| |**Statement of Financial Activities**|5| |**Balance Sheet**|6| |**Notes to the Financial Statements**|7 - 17| **WYMONDHAM CENTRAL HALL** **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024** |**Trustees**|C M Buckton| |---|---| ||S G Crowther| ||J Dollimore, Chair| ||H Gratton| ||R Kernan| ||B McLellen (resigned 31 August 2023)| ||R Semmence| ||G Vale| ## **Charity registered number** 292505 **Principal office** Back Lane Wymondham Norfolk NR18 0QB **Accountants** BW Audit Limited Chartered Accountants 54 Thorpe Road Norwich Norfolk NR1 1RY Page 1 ## **WYMONDHAM CENTRAL HALL** ## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024** The Trustees present their annual report together with the financial statements of the Charity for the year 1 April 2023 to 31 March 2024. ## **Objectives and activities** ## **a. Policies and objectives** The charity's objects are contained in the Trust Deed dated 8 May 1964 (paragraph 1), stating " The Trustees shall hold the property (i.e. the present car park now containing the Central Hall) upon trust to erect thereon a building to be used for the purpose of a community centre for the use of the inhabitants of Wymondham in the county of Norfolk and the neighbourhood... Without distinction of sex or political, religious or other opinion and in particular for use of meetings, lectures, classes and for all other forms of recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants." In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'. ## **Achievements and performance** ## **a. Assets** The freehold property consists of the Central Hall, which is utilised for the community centre, together with the surrounding area of approximately 0.9 acre, which is in use as a car park. The car park is currently providing the Charity's main regular source of income. ## **Financial review** ## **a. Reserves policy** The Trustees policy to meet the needs of its trust is to maintain unrestricted funds at a level which equates to approximately 12 months running expenses of the hall premises (excluding major repairs and improvements) and other costs which could arise on the closing of the hall for whatever reason and additionally funds designated for the upkeep/improvement of both the hall and car park. The charity’s free reserves of (£48,297) (2023 – (£83,322)) is stated after a bank loan due after more than one year of £96,242 (2023 - £140,699). After taking into consideration future revenue streams, the net current assets of £47,945 (2023 - £57,377) are enough to mean that the charity has sufficient reserves to cover 12 months operating expenditure. The Central Hall Trustees are empowered to invest such monies as are not required for working purposes and to designate such sums as capital. ## **b. Going concern** After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. Page 2 WYMONtsHAM CENTRAL HALL TRusfEEg REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Slrudur•i governanco and managemant onstitutlon Wymondham Cen1ral Hall is a registered charity, number 292505, and is controlled by 115 governing documen1, deed of trust and constitules an unincorporated ¢harity. Methods of apptsintm•nt or olaction of Trust••s The managemenl of Ihe Charity 15 the responsibility of the Trusleps who are plected and cD-upled under the temis of the Trust deed. Slatgm•nt of TnJsl•e¥ re5pon51bililles The Truste25 are respDnsiblE fL7r prEpariTrg the Truste2s' Report and the linancial slalemeftts in ac¢ordancÈ with appIl￿ble law and United Kingdom Attounting Standards Iuniteé Kingdom Generally Accepted Accounting Practice). The law applicable tv chariti¥s in England & Wal¢¥ requires the Tru$lees to prepare financial statèmBrsl$ lor each financial year which give a trut and tair view of Ihe State al affairs ot the Charity and of its intoming r•sourc•5 and application of r•50urctts, including its income arsd expenditure. tor that period. In preparin9 these finaftcial $tatements, the Trnstees are reqvired to-. select suitable accounting pDlicie5 and then apply them consistently, observe the methods and prÉnciples of the Charitie5 SORP {FRS 102}', mzke judgments and accovnling estimales that are reasvnable and prudent., state whether applicable UK Accounting Standards IFRS102) have bEen followed, subjed lo 4ny material departures disclosed and explained in the financial statÈmÈnts- prepare the lin?n¢ial slatemenls on the going concern basis LEnless it IS Fnappropriate to pre5vme that the Chartty will continue in business. The Trustees are responslble for keeplng adequate èccounting records that are 5vlficient to show and explain the Charity's transactions hnd disclose with reasonable accuracy at any time the fin8*¢ial position of the Charily and enable them to ensure thal the financial statements comply with the Charities Act 2011. the Chartly (Accounts and Reports) Regulaligns 2008 and Ihe provisions ol the Trust deed. They are also responslble lor safeguarding the assets of th8 Charity and hence for taking reasonable steFS for Ihe prevention and deleclion ol fraud and other irréguLaritiÈs. oy ord r f the members of th2 board ol Trnstee5 and signed on their behèll by.. J Dolli Dale.. i -A)2t Page 3 WYMONDHAM CENTRAL HALL INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 Independent Exèminerfs Report to thè Trustees of Wymondham Central Hall nhe Charit￿) I report to the charity Trustees on my examination DI the accounts ol the Charity lor the year ended 31 March 2024. Rèsponslbllltlès and Basis cf Report As the Trustees ol the Charity you are responsible lor the preparation ¢1 the accounts in accordance with the requirements of the Charitie5 Acl 20111'ihe 2011 Act'l. I report in respect ol my examination ol the Charills accounts tarried out un(ier section 145 01 the 2011 Act nd in carrying out my examination I have fDllowed the applicable Directions given by the Charity Commission undèr section 1451511bl of the 2011 Act. Independent Examiner's Staternent Your attention is drawn lo the lact Ihat the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities.. Statement ol Rècommended Practice applicable to charities preparing their accoun15 in accordance with the Financial Rèporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement DI Recommended Practice 155ued on l April 2005 which is rel&rred lo in the extènt regulations bul ha5 been withdrawn. l understand that this has been done in ordèr lor thè accounts to provide a true and fair view in accordance with the Generally Accepted Accounling Practice effective for reporting perio)ds beginning on or after I January 2015. I have completed my examination. I confirtn that no matters have come to my altenlion in connection with the examination giving me cause to believe Ih?t in any material respect.. accounting records were nDt kept in respect Df the Charity as required by sèction 130 of the 2011 Act., or the accounts do not accord with those records., or the account5 do not comply with the applicable requirements concerning the form and content ol accounts set out in the Charities (Accounts and Reports) Regulations 2008 Dther than any requirement that the accounts give a 'truÈ and fair, view which is not a matter considered a5 part ol an independent examination. I have no concerns and have come across no other matters in conneclion wlth the examination to which attention should be drawn in this report in order to enable a proper underslanding of the accounts lo be reached. This report is made solely to the Charity's Trustees, as a body, in accordance with Pèrt 4 of the Charities (Accounts and Reports) Regulalions 2008. My work has been undertaken so that I might state to the CharitV5 Trustees those matters l am required to stale to them in an Independent Examiner's Report and lor no other purpose_ To the fullest extent permitled by law, I du not accept or assume responsibility to anyone Dlher than the Charity and the Charity's Trustee5 a5 a body, for tny work or lor this report. Signed.. Dated.. ts1 OLLV)r Joanne Fox BA FCA BW Audit Limated Charterpd Accountants Norwich Page 4 ## **WYMONDHAM CENTRAL HALL** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024** |**Note**
**Income from:**
Charitable activities
3
Other trading activities
4
Investments
5
Other income
6
**Total income**
**Expenditure on:**
Charitable activities
7
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
**35,218**
**57,773**
**1,116**
**1,543**
**95,650**
**54,966**
**54,966**
**40,684**
**1,334,897**
**40,684**
**1,375,581**|**Total**
**funds**
**2024**
**£**
**35,218**
**57,773**
**1,116**
**1,543**
**95,650**
**54,966**
**54,966**
**40,684**
**1,334,897**
**40,684**
**1,375,581**|_Total_
_funds_
_2023_
_£_
_40,804_
_53,844_
_226_
_1,375_| |---|---|---|---| ||||_96,249_| ||||_50,919_| ||||_50,919_| ||||_45,330_| ||||_1,289,567_
_45,330_| ||||_1,334,897_| The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 7 to 17 form part of these financial statements. Page 5 WYMONDHAM CENTRAL HALL BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Nole Fixed assets Tangible assets Investment prgpprly 1/423.878 3,2J9 1,415,0th9 12 1.423.878 1,418,219 Curr•nt assèts Debtors 13 9,190 ?0,220 9,773 98,643, Cash at bank and in hand 99.410 Creditors.. amounls falling due within on2 year 151,46SI 151.039J Nel currpnl a55e15 47.945 57,377 Total assets lèss current liabi1Stl•s 1,471,823 1.475.596 CreditDrs.' amounts falling due after mDre than one year 15 196.242) (140.699) Total ftel assets lJ75.581 1,334,897 Charfly lund$ Reslrlded funds 16 Unrestricted funds 16 IA75,581 1.334,897 Total lund5 1,334,897 The tinancial statements were approved and aulhorised for issue by the Trustees and signed on their behall by.. ollimoro Date.. The notes on pages 7 to 17 forn) parl of these ftnancial statements. Page 6 **WYMONDHAM CENTRAL HALL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **1. General information** Wymondham Central Hall is a Charity registered in England and Wales, charity no. 292505 . The main activities of the Charity include the hiring out of a hall for the use of the people of Wymondham and the surrounding area, and income from the associated car park. ## **2. Accounting policies** ## **2.1 Basis of preparation of financial statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Wymondham Central Hall meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. ## **2.2 Income** All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. ## **2.3 Expenditure** Expenditure is recognised on an accruals basis once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. All expenditure is inclusive of irrecoverable VAT. ## **2.4 Interest receivable** Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. Page 7 **WYMONDHAM CENTRAL HALL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **2. Accounting policies (continued)** ## **2.5 Tangible fixed assets and depreciation** Tangible fixed assets are initially recognised at cost. After recognition, under the revaluation model, freehold property, whose fair value can be measured reliably, shall be carried at a revalued amount, being their fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting date. Fair values are determined from market-based evidence by appraisal that is normally undertaken by professionally qualified valuers. Gains and losses on revaluation are recognised in the Statement of Financial Activities, with a separate revaluation reserve being shown in the Statement of funds note. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis: |Fixtures and fittings|-|25% Reducing balance| |---|---|---| |Office equipment|-|25% Reducing balance| Depreciation is not provided on the freehold property as the property is being maintained and the valuation is considered to be appropriate. ## **2.6 Debtors** Other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **2.7 Cash at bank and in hand** Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## **2.8 Liabilities and provisions** Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Page 8 ## **WYMONDHAM CENTRAL HALL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **2. Accounting policies (continued)** ## **2.9 Financial instruments** The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. ## **2.10 Fund accounting** General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Investment income, gains and losses are allocated to the appropriate fund. ## **3. Income from charitable activities** ||**Unrestricted**|**Total**|_Total_| |---|---|---|---| ||**funds**|**funds**|_funds_| ||**2024**|**2024**|_2023_| ||**£**|**£**|_£_| |Hall Hire|35,218|**35,218**|_40,804_| Page 9 ## **WYMONDHAM CENTRAL HALL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **4. Income from other trading activities** ||**Unrestricted**|**Total**|_Total_| |---|---|---|---| ||**funds**|**funds**|_funds_| ||**2024**|**2024**|_2023_| ||**£**|**£**|_£_| |Car park|57,773|**57,773**|_53,844_| Car park income includes an element which is ancillary to the provision of the hall hire. ## **5. Investment income** ||**Unrestricted**|**Total**|_Total_| |---|---|---|---| ||**funds**|**funds**|_funds_| ||**2024**|**2024**|_2023_| ||**£**|**£**|_£_| |Interest Receivable|1,116|**1,116**|_226_| ## **6. Other incoming resources** ||**Unrestricted**|**Total**|_Total_| |---|---|---|---| ||**funds**|**funds**|_funds_| ||**2024**|**2024**|_2023_| ||**£**|**£**|_£_| |Electricity Rebate|1,543|**1,543**|_1,375_| Page 10 ## **WYMONDHAM CENTRAL HALL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **7. Analysis of expenditure by activities** |Charitable activities
Charitable activities
**Analysis of direct costs**
Staff costs
Licensing
Light and heat
Rates and water
Insurance
Repairs and renewals|**Activities**
**undertaken**
**directly**
**2024**
**£**
41,799
_Activities_
_undertaken_
_directly_
_2023_
_£_
_36,188_
**Activities**
**2024**
**£**
20,784
3,115
6,735
4,839
1,423
4,903
41,799|**Support**
**costs**
**2024**
**£**
13,167
_Support costs_
_2023_
_£_
_14,731_
**Total**
**funds**
**2024**
**£**
**20,784**
**3,115**
**6,735**
**4,839**
**1,423**
**4,903**
**41,799**|**Total**
**funds**
**2024**
**£**
**54,966**| |---|---|---|---| ||||_Total_
_funds_
_2023_
_£_
_50,919_| ||||_Total_
_funds_
_2023_
_£_
_16,098_
_901_
_3,058_
_4,379_
_2,327_
_9,425_| ||||_36,188_| Page 11 **WYMONDHAM CENTRAL HALL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **7. Analysis of expenditure by activities (continued)** ## **Analysis of support costs** |**Activities**
**2024**
**£**
Depreciation
1,773
Telephone and internet
986
Sundry expenses
293
Mortgage interest and charges
8,606
Accountancy
1,495
Profit/loss on disposal of fixed assets
14
13,167
**8.**
**Independent examiner's remuneration**
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts|**Total**
**funds**
**2024**
**£**
**1,773**
**986**
**293**
**8,606**
**1,495**
**14**
**13,167**
**2024**
**£**
**1,040**|_Total_
_funds_
_2023_
_£_
_1,073_
_873_
_8_
_10,854_
_1,923_
_-_| |---|---|---| |||_14,731_| |||_2023_
_£_
_1,000_| Page 12 ## **WYMONDHAM CENTRAL HALL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **9. Staff costs** |**2024**
**£**
Wages and salaries
**20,784**
**20,784**
The average number of persons employed by the Charity during the year was as follows:
**2024**
**No.**
Average number of employees
**3**|_2023_
_£_
_16,098_| |---|---| ||| ||_16,098_| ||_2023_
_No._
_2_| No employee received remuneration amounting to more than £60,000 in either year. ## **10. Trustees' remuneration and expenses** During the year, no Trustees received any remuneration or other benefits _(2023 - £NIL)_ . During the year ended 31 March 2024, no Trustee expenses have been incurred _(2023 - £NIL)_ . Page 13 ## **WYMONDHAM CENTRAL HALL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **11. Tangible fixed assets** |**Cost or valuation**
At 1 April 2023
Additions
Disposals
Transfers between classes
At 31 March 2024
**Depreciation**
At 1 April 2023
Charge for the year
On disposals
At 31 March 2024
**Net book value**
At 31 March 2024
_At 31 March 2023_|**Freehold**
**property**
**£**
**-**
**-**
**-**
**1,415,000**
**1,415,000**
**-**
**-**
**-**
**-**
**1,415,000**
_-_|**Fixtures and**
**fittings**
**£**
**11,282**
**7,446**
**(125)**
**-**
**18,603**
**8,532**
**1,656**
**(120)**
**10,068**
**8,535**
_2,750_|**Office**
**equipment**
**£**
**1,881**
**-**
**(509)**
**-**
**1,372**
**1,412**
**117**
**(500)**
**1,029**
**343**
_469_|**Total**
**£**
**13,163**
**7,446**
**(634)**
**1,415,000**
**1,434,975**
**9,944**
**1,773**
**(620)**
**11,097**
**1,423,878**
_3,219_| |---|---|---|---|---| The property was revalued by Boulton & Brown Chartered Surveyors at 31st May 2018. The Trustees consider this to not be materially different from the fair value at 31 March 2024. Page 14 ## **WYMONDHAM CENTRAL HALL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **12. Investment property** |At 1 April 2023
Transfers between classes
At 31 March 2024|**Freehold**
**investment**
**property**
**£**
**1,415,000**
**(1,415,000)**
**-**| |---|---| ## **13. Debtors** |**Due within one year**
Other debtors
Prepayments and accrued income
**Creditors: Amounts falling due within one year**
Bank loans
Other taxation and social security
Other creditors
Accruals and deferred income|**2024**
**£**
**7,034**
**2,156**
**9,190**
**2024**
**£**
**44,457**
**4,353**
**160**
**2,495**
**51,465**|_2023_
_£_
_9,317_
_456_| |---|---|---| |||| |||_9,773_| |||_2023_
_£_
_42,213_
_5,529_
_1,348_
_1,949_| |||| |||_51,039_| ## **14. Creditors: Amounts falling due within one year** Page 15 ## **WYMONDHAM CENTRAL HALL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **15. Creditors: Amounts falling due after more than one year** ||**2024**|_2023_| |---|---|---| ||**£**|_£_| |Bank loans|**96,242**|_140,699_| The bank loan is secured over the Freehold Property. ## **16. Statement of funds** |**Statement of funds**||||| |---|---|---|---|---| |**Statement of funds - current year**
**Unrestricted funds**
General Funds
**Statement of funds - prior year**
**Unrestricted funds**
General Funds|**Balance at 1**
**April 2023**
**£**
**1,334,897**
_Balance at_
_1 April 2022_
_£_
_1,289,567_|**Income**
**£**
**95,650**
_Income_
_£_
_96,249_|**Expenditure**
**£**
**Balance at 31**
**March 2024**
**£**
**(54,966)**
**1,375,581**
_Expenditure_
_£_
_Balance at_
_31 March_
_2023_
_£_
_(50,919)_
_1,334,897_|| |||||_Balance at_
_31 March_
_2023_
_£_
_1,334,897_| Page 16 ## **WYMONDHAM CENTRAL HALL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **17. Analysis of net assets between funds** ## **Analysis of net assets between funds - current period** |Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
**Total**|**Unrestricted**
**funds**
**2024**
**£**
1,423,878
99,410
(51,465)
(96,242)
1,375,581|**Total**
**funds**
**2024**
**£**
**1,423,878**
**99,410**
**(51,465)**
**(96,242)**
**1,375,581**| |---|---|---| ## **Analysis of net assets between funds - prior period** |Tangible fixed assets
Investment property
Current assets
Creditors due within one year
Creditors due in more than one year
**Total**|_Unrestricted_
_funds_
_2023_
_£_
_3,219_
_1,415,000_
_108,416_
_(51,039)_
_(140,699)_
_1,334,897_|_Total_
_funds_
_2023_
_£_
_3,219_
_1,415,000_
_108,416_
_(51,039)_
_(140,699)_
_1,334,897_| |---|---|---| ## **18. Related party transactions** The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 March 2024. Page 17