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2025-12-31-accounts

Welp pe The Beagle Welfare Scheme Registered Charity in England and Wales No 328833 Annual Report and Accounts For the year ended 31 December 2025 6&£ WE£p4 Be89le 45 YEARS Mryvw.beaglewelfare.org.uk Registered Charity No: 328633

The Beagle Welfare Scheme Contents Page Trustee's Report 3-11 Independent Examiner's Report 12 Statement of Financial Activities 13-14 Balance Sheet 15 Statemènt of Cashflows 16 Notes to the Accounts 17-22

The Beagle Welfare Scheme Trustees, Report Principal Address Coulters Hill Cottage Coulters Hill Newborough BURTON-ON-TRENT Stsffordshire DE13 8SJ Trustees during the year: Name Position Nigel Wright Chairman Jeanine Wilkinson Volunteers Linda Thomas National Secretary Karen Purdon Trustee for Scotland I Vice Chairman Kale Cooper Treasurer Kalharine Wilson Fundraising Co-ordinator Jane Diver Merchandise Advisors Independent Examiner lan Barrett FCA, FCIE Barretts Chartered Accountants and Charterèd Tax Advisers 22 Union Street Newton Abbot Devon TQ12 2JS Bankers CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME194JQ

The Beagle Welfare Scheme Structure, Governance and Management Governing Document The charity is governed by its conslitub'on adopted 25 March 1990 as amended 24 March 1996, 31 March 2007, 28 March 2010, 24 March 2013, February 2015, 23 March 2016 and 29 April 2023. Objectives of the Organisation The principal objective of the charity is to promote humane behaviour towards beagles by providing appropriate care, protection, treatment, shelter and security for beagles whieh are in need of care and attention by reason of sickness, maltreatment, poor circumstances or ill usage and in particular to". rehome beagles," and encourage responsible ownership of beagles throughout Great Britsin. Method of Appointment Trustees are elected by the council members at the ACM or at an SCM. Govemance The charity is run by a group of up to seven trustees who meet between four and five times a year. They have referred to the guidance in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in the planning of future activities. In particular the Iruslees consider how planned activities will contribute lo the aims and objectives they set for the organisalion. New trustees appointed by the council are provided with the Charity Commission's guidelines for trustees and an operations manual is maintained to provide guidelines and assistance to all volunteers. The organisalion is cenlralised around the rehoming centre in Slaffordshire, supported by a ne￿Ork of volunteers and Iruslees across England, Wales and Scotland and an additional rehoming centre in Kent. We are so grateful for all those who help with transporting, home checking and assessing beagles and fostering (many times al short notice) across the country to enable our charity lo continue its work. The rehoming centre in Slaffordshire remains the main point of contact for all surrendered and adopted dogs across the country with all the record keeping happening all in one place enabling more effective adminislralion. Through 2025, the Trustees continued lo meet through a mix of video calls and face to fa￿ meetings with the ACM held in person. Objectives and Activities The main focus of the charity continues to be rehoming unwanted beagles as well as providing advice and education for owners. The dogs in our care are fully assessed where possible, while they are waiting for homes, resulting in fewer unsuccessful placements. Being a breed specific rescue, Beagle Welfare will genemlly only accept pure beagles, or at least those who have the general physical beagle characteristics. People who come lo beagle welfare looking to rehome a dog will be looking specifically for a beagle. More general, non-breed specific, dog rescue centres are beller able to rehome cross breeds although beagle welfare work closely with these rescue centres lo help out if they are trying to rehome a beagle. Beagle Welfare are often approached to rehome beagles who are known lo be aggressive and have bitten in their previous home. We will always look at the circumstances of the beagle's issues but if it becomes apparent that the dog will not be able lo be safely rehomed, then we will refuse lo lake the dog, as we have a duly of care to our staff, volunteers, the public and lo people who come lo us to adopt a beagle. Potential owners make enquiries through our website, social media and via other animal welfare groups.

The Beagle Welfare Scheme here we can, we make every effort lo allend shows, fairs and other functions where we hope lo educate the general public about what owning a beagle entsils. We also warn people about the dangers of buying through puppy farms and we encourage them lo go to reputable breeders. Some of the advice and assistan￿ that we have given owners has resulted in a number of beagles remaining with their owners, when they might have otherwise been given up for rehoming. Beagles Statistics 2025 2024 Total dogs added to our register during the year 209 235 Dogs successfully rehomed during the year 166 137 Dogs euthanised Beagles are only ever eulhanised where they are seriously ill or have serious aggression issues and would not be safe to be rehomed lo another family. In 2025 the￿ was a reduction in the number of beagles added lo our register at 209 for rehoming compared lo 235 in 2024. We are still seeing the impact of the increase in dog ownership during the pandemic, sadly now that the world has re-opened, we are seeing people surrendering beagles who have had minimal training, boundaries and not enough socialisation making them anxious and presenting owners with challenging behaviours. The number of dogs euthanised in 2025 was equal to 2024 al 7. We use our website and social media platfomis extensively, particularly Facebook and Instagram, lo provide guidance and advice on training and managing specific behaviours. This support has helped many beagles remain successfully in their homes. However, there will always be some beagles who need lo come into our care for rehoming. In 2026 the charity will conb'nue to use its website and social media channels to reach a wide audience and lo publicise beagles in need of new homes. Donations for beagles being adopted were up by 23Q/o on 2024 mainly due to the higher number of beagles rehomed during 2025, the average donation per dog is in line with last year. Rehomin Donations £45,000 £300 230.000 £150a F15,000 £75 £0 £0 2025 2024 Surrender Oonations Adoption donations Volunteering at Beagle Welfare We are incredibly fortunate lo be supported by over 100 dedicated volunteers who give their lime, skills, and compassion to Beagle Welfare in a wide variety of ways. Their commitment enables us to provide the best possible care for beagles al every stsge of their ioumey. Many volunteers support us by visiting prospective adopters lo talk through the realities of beagle ownership. These conversations cover both the joys and the challenges, helping people make informed

The Beagle Welfare Scheme decisions and ensuring they fully understand the needs of a rescue beagle - particularfy those who may experience anxiety or behaviouol challenges through no fault of their own, often as a result of previous rehoming or changes in an ownerfs circumstances. Other volunteers assist with transporting beagles, sometimes worf(ing together in relays lo move dogs safely across longer distances. This shared approach means no single volunteer is required lo travel excessive distances and allows us to respond quickly when a beagle needs to be moved from a remote area. We are also supported by a valued group of fostervolunteers who provide temporary homes for beagles who do not thrive in a kennel environment or who require one-to-one care due to medical or behavioural needs. Foster care plays a vital role in supporting these dogs while they prepare for their next slep into a permanent home. Some volunteers may not be called upon during the year if no need arises in their local area, but simply having this ne￿Ork in place gives us flexibility and reassurance. Knowing support is available allows us lo respond compassionately and effectively whenever a beagle needs our help. Our volunteers are at the heart of everything we do, and we are deeply grateful for the difference they make to the lives of the beagles in our care. Our Adoption Process The application process begins with an enquiry to our rehoming coordinators to assess their initial suitability. If successful, applicants are asked to view our short film on beagle ownership lo get a good understanding of what owning a beagle entails. If al this point they feel that a beagle is still for them, then we ask them to complete an application for adoption which is then reviewed by our team and if deemed successful in this application, a home check is undertaken for all new beagle owners. One of our volunteers will visit them al home, usually with a beagle, lo assess the potential ownerfs response lo having a beagle in their home, lo ensure that their home sel up is suitable and safe lo contain a beagle and they will also provide advi￿ on any changes that need to be made. Volunteers provide feedback to the rehoming centre coordinators who will then review this feedback and decide if the application is successful. The applicant is then contacted and encouraged lo look al the rehoming list on the website to find a beagle they wish lo rehome. A meet and greet is then organised by the rehoming coordinators. All new owners are provided with an adoption pack which contains numerous information booklets about owning a beagle, what to expect from your beagle and beagle healthcare. We provide vouchers towards the cost of neutering after the dogs have been in their new home for a minimum of three months giving them time lo setue. We also provide vouchers towards training beagles as we recognise the importance of training both owners and dogs and this helps with the sellling in and bonding process with a dog.

The Beagle Welfare Scheme Sadty we do have some beagles who do not settle in their new homes very well and we often find that their new owners do not give these beagles enough time to gel used lo their new surroundings and routines. This invariably impacts on the dog causing anxiety and Challenging behaviours meaning they are more difficult to find good homes for. Merchandlse The 2025 Merchandise Programme delivered another year of strong community engagement achieving a total of £18,995.33 in sales across online and inperson channels. While intentionally scaled lo reflect planned operational adjustments from the previous year, the programme continued lo demonslrale resilience, clear seasonal momentum, and an enthusiastic CU51omer base. Strategic peak￿PartIcularlY across autumn and major event louchpoinls-underscore the programme's enduring relevance and its ability lo adapt while still meeting expectations. Merchandise 2024, £25,305 2025. £18,995 Online Sales Total Online Sales: £16,335.52 - 10 monlhs12024.. £25,305- 12 months) In-Person Sales Total In-Person Sales.. £2,659.8112024'. £2,779} Crufts Beaglefest Elvaston Castle Beagle Walk We sell merchandise lo help support the ongoing work of our charity while giving our community meaningful way lo feel connected lo the cause. For our supporters, the merchandise represents more than just products-it's a symbol of belonging, pride, and shared commitment lo improving the lives of beagles in need. Fundraising What an incredible year 2025 was for fundraising. A heartfelt thank you lo every group and individual who organised fundraising events. From raffles to beagle meets, every single penny donated is truly appreciated and helps us continue our vital work supporting beagles in need. Fundralsin 2024, £41,314 2025. 9.641 In May, Trustees Kalharine Wilson and Jane Diver allended Beaglefesl 2025, the much-loved annual camping weekend where beagle owners come together for fun, friendship, and fundraising. They also represented Beagle Welfare al a new event,. Rescuefesl, held in Liverpool for animal rescues of all kinds lo come together. With our stand and merchandise on display, il was a fantastic opportunity lo talk about the breed, share our essential work, and connect with fellow rescue organisations. Our Auction Page, run by Trustee and Fundraising Coordinator Katharine Wilson, continued lo thrive throughout the year. In 2025 alone, the auctions raised an amazing £5,398. This success is entirely thanks lo the kindness and generosity of the businesses and individuals who donate items, and lo everyone who takes part in the bidding. We are deeply grateful for your continued support.

The Beagle Welfare Scheme Friends of Beagle Wolfare IFOBW} FOBW Friends of Beagle Welfare are our regular subscribers who donate funds to us every year and in return we send them our bi-annual magazine, In Full Cry. Our magazine gives a snapshot of what is going on al the charity and also has numerous articles, aclivilies, behavioural advice and stories from owners who have adopted a beagle from Beagle Welfare. Donations from our FOB W have increased 570/0 from 2025 mainly due to a very generous regular donor and continuing support despite all the difficulties that people have experienced over the past couple of years. We are immensely grateful lo our supporters for their ongoing donations without which we could not operate as we do. 2025. £73.637 2024. £46.881 In Full Cry Our biannual Beagle Welfare magazine, In Full Cry continues lo be a popular read with our supporters. We have had a Change of editor In 2025 from Jo Morrison Rowe lo Chades Howgego. In Full Cry features many articles from regular contributors, as well as standalone features on a range of dog related subjects, plus information on Beagle Welfares work, fundraising and happy ending tsles. Legacies We continue to be extremely fortunate to be a recipient of the generosity of people who remember us in their will. Some of these funds will be used to fund our Rehoming Centre kennel refurbishment in eady 2026 and our general running costs have increased over the past few years

The Beagle Welfare Scheme Ex enditure Expenditure Overall, expenditure for 2025 was lower than 2024 by 16.3 /0, this is mainly due lo a reduction In vet fees, commercial kennels and boardingffoslering. Costs for running the Rehoming Centre are in line with 2024 despite the higher number of beagles being rehomed by us. 1024, £34a,170 025. £287.272 Rehoming Centre Costs Rehoming Centre costs were lower than budget 2025, bul in line with 2024. The main variance was a reduction in food costs due lo very generous donations at the end of 2024. Wages were in line with budget 2025, but higher than 2024 due lo the increase in minimum wage requirements. In 2025 we have installed the Dog Room, where the team can work individually with the dogs in a home like" environment to help with a smooth transition to their new home. This also includes a dog grooming tsble to help with any anxiety issues regarding close contact. Boarding, Fostering & Commercial Kennel Costs Costs for boarding and fostering and commercial kennels were down on budget and lower than 2024. Although the number of beagles surrendered is down on 2024 we continued to support owners, in various circUmstan￿s, lo take the beagles into our care.

The Beagle Welfare Scheme Total Vets foes Vets fees have decreased since 2024. We continue to supp)rt our adopters for one-off and long temis medical costs and have re￿iVed new requests for financial assistance and golden oldies. Aso, we have funded medical costs for non Beagle Welfare beagles. Total Vet Fees 24, .256 025, £61.241 Resorves Policy and Related Funds The primary function ofthe charity is the r&homing of beagles, to help in the preventK>n of maltreatment and cruelty to beagles. and in particular to er￿Urage responsible ownership of beagles throughout Great Britain. It is the duty of the trustees to ensure that fvnds are available at all times to pay for these actrvities with the bulk of these costs being at the main rehoming ￿ntre in Staffordshire, together with the charity's related administration costs. The charity's reservés policy is to maintain the followng funds: l) Tho Rehoming C?ntrn Base Fund. The majority of the tharity's income comes from donations from The Friends of Beagle Welfare, past and new owners and fvndraising. These are uncertain sources of revenue that may not always provide the funds to cover these essential costs. The Trustees, policy is to maintsin reserve funds to cover up to a maximum of the next 36 months, planned running costs including Vet costs. As at 31 st December 2025 the trustees set aside £550,000 representing the next 36 months, planned running cnsts of Rehoming Centre and vet fees. The Charity is redeveloping their kennel set-up in 2026 and the total cost of this is expected to be around £90,000. The Charity has plans to continue updating the infrastructure at the Rehoming Centre, update their website and IT infrastructure and replace the van in the coming year. This is expected to cost up to £45,000. IAfften planning all of the above activities, the trustees have considered the Charity Commission's guidance on public benefit and feel that the actwities of the charity are carried out in accordance with that guidance and that the activities undertaken during the year have provided a benefit to the public. GDPR To ensure we can Èe comFliant with the GDPR legislation which came into force on 25 May 2018, our Trustees, employees and necessary individuals are ￿qUI￿d lo complete GDPR training. All our volunteers are given guidelines to ensure they maintain the confidentiality & integrity of all personal data they receive whilst undertaking activities on behalf of The Beagle Welfare Scheme. An annual review will be undertaken to ensure The Beagle Welfare Scheme remains GDPR complL8nt. io

The Beagle Welfare Scheme Signed by ordor of the Trustees Ann Kathryn ooper (Jul 17, 2026 16-.43.-00 GMT+11 Kate Cooper Treasurer li

The Beagle Welfare Scheme Independent Examiners report Independent Examinerfs Report to the Trustees of the Beagle Welfare Scheme I report on the accounts of the Trust for the year ended 31 December 2025, which are set out on pages 13to 22. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this period under section 14412) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act to follow the procedures laid down in the general directions given by the commission under section 14515llb) of the 2011 Act to state whether particular matters have come to my attention Basis of independent examiner's report My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the next statement, Independent Examiner Statement In connection with my examination, no Matter has corne to my attention: (l) which gives me reasonable cause to believe that in any material respect the requirements., to keep accounting records in accordance with section 130 of the 2011 Act and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met or (21 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Wayne Penlington FCCA Alexander Accountancy 12 Granary Wharf Business Park Wetmore Road Burton upon Trent Staffordshire, DE14 1DU 12

The Beagle Welfare Scheme Statement of Financial Activities For the year ended 31 December 2024 2025 2024 Unrestricted Restricted Funds Funds Total Funds Total Funds Notes Income and endowments from: Investments Bank Interest 36,380 36,380 40,074 Donations and legacies FOBW Donations 73,637 73,637 46,881 Gift Aid 27,841 27,841 20,510 Legacies 98,230 98,230 130,359 Other Donations 17,721 17.721 41,666 Rehoming Donations Grants 45,698 45,698 37,115 Other trading activities Fundraising Income 29,641 29,641 41,314 Insuran￿ Commission 6,527 6,527 6,677 Profit on Disposal of Assets Charitable activities Sales 18,995 18,995 25,305 Total 354,670 0 354,670 389,903 Expenditure on- Raising funds Fundraising Costs 672 672 3,384 Charitable activities Accountsncy Fees 700 700 700 Bank Charges 2,467 2,467 4,217 Boarding & Fosteringlcommercial Kennels 21,261 21,261 37,945 Rehoming Centre 132,354 132,354 131,352 IT Expenses 894 894 684 Depreciation 10,248 10,248 12,233 Education 564 Equipment 13

The Beagle Welfare Scheme Exhibitions and Room Hire 195 195 505 Gifts and Donations 2,109 2,109 5,285 Golden Oldies 10,858 10,858 18,722 Goods For Resale & Fulfilmenl costs 13,193 13.193 19,531 In Full Cry Insurance 13,584 13,584 13,642 1,201 1,201 1,327 Legal fees 2,147 2,147 40 MisTrllaneous Postage and Stationery Rehoming Travel 476 476 714 2,053 2,053 2,565 Telephone Training 197 197 80 Training Vouchers (Dogsl 1,020 1,020 658 Vets Fees 53,383 53,383 77,535 Volunteer Travel Expenses 4,716 4,716 4,582 Website 5,019 5,019 5,215 Hardship Fund 8,525 8,525 1,690 Total 287,272 287,272 343,170 Net Income 67,398 67,398 46,733 Transfers between funds Total funds brought forward 935,415 0 935,415 888,682 Total funds carried forward 1,002,812 0 1,IKJ2,812 935,415 14

The Beagle Welfare Scheme Balance Sheet 2025 2024 As at 31 December 2024 Tangible Fixed Assets Fixtures & Fittings Land and Buildings 175 875 39,727 29,679 Equipment 3,078 2,854 Vehicles Total Tangible Fixed Assets 42,980 33,408 Current Assets Debtors 36,893 29,488 Stock 6,937 2,008 Cash at bank 929,066 879,290 Cash in hand 253 234 Total Current Assets 973,147 911,020 Less: Liabilities Creditors.. Amounts falllng due wlthln one year Creditors & Deferred Income 12,617 8,313 Accountancy 700 700 13,317 9,013 Nel Current Assets 959.832 902.007 Total Net Assets 1,002,812 935,414 The Funds of the charity Unrestricted funds 1.002,812 935.414 Total Charity Funds 1,002,812 935.414 15

The Beagle Welfare Scheme Statement of Cashflows 2025 2024 Cash Flows from operatlng actlvltles Nel incomellexpendilurelfor the reporting period 67,398 46,733 Depreciation charges 10,248 12,233 Interest from investments 136,3801 140,0741 Increase in stocks 14,9291 5,505 Ilncreaselldecrease in debtors 17,4051 2,287 (Decreasellincrease in creditors 4,304 2,322 Nel cash provided by operating activities 33,236 29,006 Interest from investments 3S,380 40,074 Purchase of fixed assets 119,8211 112,6191 Change in cash and cash equivalents 49,795 56,461 Cash and cash equivalents at the beginning of the period 879,524 823,063 Cash and cash equivalents at the end of the period 929.319 879,524 16

The Beagle Welfare Scheme Approval of the accounts The financial statements were approved by the Board of Trustees on 11 July 2026 and were signed on its behalf by.. Name.. Nigel Wright Signed. Ni Trustee 026 14.'53."06 GMT+11 17

The Beagle Welfare Scheme Notes to the accounts for the year ended 31 December 2025 11 Accounting Policies al Basis of accounting The financial statements of the charity, which is a public benefit entity under FRS102, have been prepared in accordance with the Charities SORP IFRS1021 "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 leffective 1 St January 20151°. Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act 2011. The financial slalements have been prepared under the historical cost convention. bl Taxation As a registered charity the organisation benefits from rates relief and is generally exempl from income tsx and capital gains tsx but not from VAT. Irrecoverable VAT is included in the cost of those items lo which it relates. cl Depreciation Office Equipment Rehoming centre log cabin, shed & kennels Rehoming Centre Fixtures and Fillings Rehoming centre and other equipment and vehicles 15D/o straight line basis 209/0 straight line basis 209/0 straight line basis 339/0 Straight line basis dl Fund accounting Funds held by the charity are either.. Unreslricled general funds These are funds which can be used in accordance with the charitsble objects at the discretion of the trustees. Restricted funds These are funds that can only be used for particular reslricled purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular reslrieled purposes. Designated funds These are funds sel aside by the Iruslees out of unrestricted general funds ft)r speeific future purposes or projects. Further explanation of the nature and purpose of each fund is included in the notes to the accounts. 18

The Beagle Welfare Scheme Notes to the accounts continued for the year ended 31 December 2025 21 Grants and Donations 2025 2025 Unrestricted Restrirted 2025 Totsl 2024 Total Funds Funds Funds Funds Rehoming Donations 45,698 45.698 37,115 FOBW Donation5 73,637 73.637 46,881 Other Donations 17,720 17,720 41,667 Grants Legacies 98,230 98,230 130,359 235,285 0 235.285 256,022 3> Stsff Costs and Number5 2025 2024 Net Salaries 68,763 64,528 Social Security Costs 9,116 7,940 Pensions 5,102 4,760 82,981 77,228 The average number of employees during the year was No employee earned more than £60,000. 4> Restricted Funds Summary The Charity does not have any restricted funds in this year or the previous year. 19

The Beagle Welfare Scheme Notes to the accounts continued for the year ended 31 December 2025 51 Analysis for Rohoming Centre 2025 2024 Running Costs 15.219 18,271 Wages 82.981 77,228 Rent and Rates 20,244 19,990 Light and Heat 7,692 8,254 Refurbishment Costs 3,704 4,553 Telephone and Internet 957 981 Vehicle Costs 1,555 2,074 Depreciation Fees 10.248 12,233 142,600 143,584 61 Trustee Remuneration and Expensos Trustees received no remuneration but expenses as follows were reimbursed to seven Trustees 12024 seven).. 2025 2024 Fostering & Boarding Costs Friends of Beagle Welfao donations Fund Raising Costs Postage and Stslionery Rehoming Travel 8,910 21,507 195) 310 939 122 202 379 466 Fulfilmenl Fees 2,229 4,716 Travel 4,126 Gifts & Donations 150 Running Costs- RHC Vel Fees 322 331 2,226 1,920 Legal Fees 19,269 29,496 20

The Beagle Welfare Scheme Notes to the accounts continued for the year ended 31 December 2025 71 Tangible assets Land and Fixtures & Buildings Fittings Equipment Vehicles Total Cost Al 1st January 2025 66,947 10,952 23,420 20,975 122,294 Addition 17,459 2,362 19,821 Disposal 11,4121 11,4121 Al 31 St December 2025 84,406 10,952 24,370 20,975 140,703 Depreciation Al 1st January 2025 37,269 10,077 20,566 20,975 88,887 Charge for the year 7,409 700 2,138 10,247 Al 31st De￿mber 2025 44,678 10,777 21,292 20,975 97,722 Net Book Value Al 31 St December 2025 39,728 175 3,078 42,981 Al 31" De￿rnber 2024 29,678 875 2,854 0 33,407 81 Capitsl Commitments Rehoming Centre & Equipment Authorised and contracted Authorised not contracted 21

The Beagle Welfare Scheme 91 Related Party Disclosures There were no related paty transactions for the year ended 31 St December 2024 22