Registered number: N1051940
Charity number: NIC100278
RESTORE IRELAND LIMITED
(A company limited by guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

RESTORE IRELAND LIMITED
(A company limited by guarantee)
CONTENTS
Page
Reference and administrative details of the company. its Trustees and advisers
Trustees, report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
10-17

RESTORE IRELAND LIMITED
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2023
Trustees
Joyce Bassett
Rebekah Bassett
Company registered
number
N1051940
Charity registered
number
NIC100278
Registered office
Gordon Street Mews
27 - 29 Gordon Street
Belfast
Antrim
BT12LG
Company secretary
J Bassett
Accountants
UHY Hacker Young Frtch
Chartered Accountants
Gordon Street Mews
27-29 Gordon Street
Belfast
Antrim
BT12LG
Bankers
Danske Bank
Donegall Square West
Belfast
Antrim
BT16JS
Page 1

RESTORE IRELAND LIMITED
(A company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2023
The Trustees present their annual report together with the financial statements of the company for the 1 April
2022 to 31 March 2023. The Annual report serves the purposes of both a Trustees, report and a directors, report
under company law. The Trustees confimi that the Annual report and financial statements of the charitable
company comply wth the current statutory requirements, the requirements of the charitsble company's
governing document and the provisions of trte Statement of Recommended Practice (SORP) applicable to
charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS102) (effective 1 January 2019).
Since the company qualffies as small under section 382 of the Companies Act 2006, the Strategic report
required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors,
Report) Regulations 2013 has been omitted.
Structure, govemance and management
a. Constitution
Restore Ireland Limited is registered as a charitable company limited by guarantee and was set up by a
Memorandum of Association on 4th October 2004 under company registration number N1051940.
The company is registered as a charity with the Charity Commission under the registration number NIC100278
and accepted by HMRC as a charity under the reference XR82230.
b. Methods of appointment or election of Trustees
The Trustees who served during the year were..
Joyce Bassett
Rebekah Bassett
As required on an ad hoc basis the members discuss the appointment of potential new board members for
appointment to the board. Suitable people are approached and if they are wlling to serwe on the board their
nomination is put forward for approval by the board. There is no maximum temi of offi￿.
No new Trustees were appointed during the year. An advisory group continues to support members and
Trustees in professional matters. No remuneration or expenses have been paid to the charity's Trustees during
the year.
Financial risk management
The Board continues to regulaty rewew any major risks arising from or impacting on the activities of the charity.
The Trustees are satisfied that the major risks identified have been adequately mitigated ￿ere necessary, and
consider that the financial systems and controls in place are appropriate for the size of the charity and the nature
of its operations.
Page 2

RESTORE IRELAND LIMITED
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Plans for future periods
The charity is committed to explore opportunities to build on and strengthen the scale and range of its activities
consistent with its core objectives.
It is hoped to maintain accommodation prices at the 2023 prices until Spring 2024 to enable as many youth
groups and families on low incomes to continue to enjoy and benefit from a residential retreat.
As finances permit, Gosford Centre facilities wll be improved with the repair and updating of electrical fixtures
and fittings being prioritised next year. A high standard of cleaning and hygiene wll continue to be maintained.
Our loyal and faithful volunteer team are invaluable in helping to keep costs low and we wll continue to support
them personally and as a group. meeting together for training and fellowship.
The charity wll continue to keep in contact with regular users of the centre and potential interested groups wth
updates on what we can offer to support them and hopes to work more closely with like-minded community
groups and charities to assist them in fulfilling their aims and objectives in whatever capacity possible.
Objectives and activities
a. Policies and objectives
The principal objectives of the charitable company are to advance the Christian faith and biblical values through
the provision of residential and conference facilities and training of volunteers in practical Christianity.
Page 3

RESTORE IRELAND LIMITED
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Objectives and activities (continued)
b. Activities undertaken to achieve objectives
To achieve the objectives of the charity, Gosford Centre operates as budget, self-catering group accommodation
for mainly youth and family groups who use the facilities as a residential retreat for education, fun, fellowship and
spiritual development. The Charity promotes biblical principles and values enabling youth organisations, church,
community and school groups to achieve their residential and evangelical objectives. Groups of all faiths are
welcomed subject to the approval of the Trustees, in accordance wth the principal objectives of the charity.
Gosford Centre's forest park location and attractions provide access to a natural environment allowing groups
and individuals to benefit from relaxation and develop an enjoyment and appreciation of nature. It is hoped the
spiritual growth and restoration eXperIen￿d during residential retreats wll benefit the wder public by way of
people returning to their communities and families, better equipped to serve them through practicing and sharing
their faith.
The accommodation offers low cost, bunkhouse Style facilities in en-suite rooms and dormitories with minimum
bookings of 20 people which benefits many smaller residential groups vtho find it difficult to make up higher
minimum booking numbers required by larger residential centres. With the help of volunteers, the charity is able
to keep the cost of staying at Gosford Centre as low as possible giving disadvantaged families and groups, who
may otherwse not be able to afford it, the opportunity to benefit from a budget holiday.
The Centre is managed by volunteers tho undergo training in office procedures, child protection, health and
safety, property maintenance, housekeeping and welcoming and helping guests during their stays. Volunteers
also meet together for bible studies, fellowship and social activities. As a result of serving others and working as
a team, volunteers benefit through the development of their faith and character. They learn a range of practical,
transferable skills which are relevant not only to the operation and management of residential accommodation
but to the development of their capabilities in general, enabling them to become mature, responsible individuals
and members of society.
The charity is committed to encouraging good steNrdrdship of the environment through training of volunteers in
reducing and recycling waste and through active recycling policies for visitors.
The provision of accommodation to groups has grown organically over the years in relation to bookings and in
response to feedback from group leaders. The facilities are promoted to the wder public through the website and
by word of mouth. New contacts and enquirers are followed up to assist them in planning their event and to
accommodate their needs. Viewng's of Gosford Centre are arranged for interested group leaders and kitchen
staff and regular contact is maintained interested groups, churches and organisations.
Trustees meet and participate in training on a regular basis to ensure that the activities fulfil the objectives of the
charity and current legislats'on and best practice are achieved.
Page 4

RESTORE IRELAND LIMITED
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Achievements and perfomiance
Review of activities
Gosford Centre was able to welcome the retum of larger group bookings during the year following the lifting of
COVID-19 regulations in early 2022. Group leaders continued to be advised in line with the latest government
guidance on staying safe and preventing the spread of viruses during their stay.
Accommodation prices were kept low for all group bookings during 2022. A small price increase was introduced
for bookings made from January 2023 due to energy costs continuing to increase.
The ongoing repairs programme ensured Gosford Centre was kept in good order. Improved room cleaning
checklists and instructions on timers to control the central heating encouraged groups to conserve energy and
maintain efficient cleaning and sanitising throughout and at the end of their stay.
The charity greatly appreciated our team of volunteers enabled us to adapt the Centre facilities and carry
out essential repairs, cleaning and administration. Volunteers continued to meet onsrte and online for fellowship
and as a result of serving others, benefited through the development of their faith and character. Training
continued to encourage team members to maintain all prO￿dureS already in place for the continued health and
safety of staff, guests and members of the public.
Trustees and members continued to ensure facilities vRre safe. comfortable and compliant and that connections
th other charities wth similar aims and objectives were maintained during the year..
Financial review
. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going concem basis in preparing the financial statements. Further details regarding the adoption of the going
oncern basis can be found in the accounting policies.
b. Reserves policy
It is the policy of the board to have a level of reserves ￿lCh, in the event of a significant drop in funding, will
enable them to continue the charity's current activities. It is the policy of the charitable company that unrestricted
funds which have not been designated for specific use should be maintained at a level equivalent to six months
expenditure. The Trustees believe that reserves at this level will ensure that, in the event of a significant drop in
incoming resources, they wll be able to continue the charity's core activities while consideration is given to ways
in which addib'onal funds may be raised. The charrtable company has unrestricted reserves of £156,913 {2022'.
£156,110).
Page 5

RESTORE IRELAND LIMITED
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Statement of Trustees. responsibilities
The Trustees (who are also the directors of the company for the purposes of company law) are responsible for
preparing the Trustees, report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the
Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of
the state of affairs of the company and of its incoming resources and application of resources, including its
income and expenditure. for that period. In preparing these financial statements. the Trustees are required to..
select suitsble accounting policies and then apply them consistently-
observe the methods and principles of the Charities SORP (FRS 102)..
make judgments and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material
departures disclosed and explained in the financial statements-
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the
ompany wll continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the company's transactions and disclose wtth reasonable accuracy at any time the financial position of the
company and enable them to ensure that the financial statements comply wth the Companies Act 2006. They
are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 25 July 2023 and signed on their behalf by..
Joyce Bassett
Trustee
Page 6

RESTORE IRELAND LIMITED
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2023
Independent examiner's report to the Trustees of Restore Ireland Limited
I report on the financial ststements of the company for the year ended 31 March 2023 which are set out on
pages 8 to 17.
Respective responsibilities of charity Trustees and examiner
As the company's trustees {and also the directors of the company for the purpose of company law) you are
responsible for the preparation of the accounts in accordance wth the requirements of the Companies Act 2006.
Having satisfied myself that the company is not subject to audit under company law, and is eligible for
independent examination, it is my responsibility to..
examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008.,
follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b)
of the Charities Act,. and
state whether particular matters have come to my attention.
Basis of independent examinerfs statement
I have examined your company accounts as required under section 65 of the Charities Act and my examination
was carried out in accordance wth the general Directions given by the Charity Commission for Northern Ireland
under section 65{9){bl of the Charities Act.
My examination included a review of the accounting records kept by the company 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 company trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
that accounting records were not kept in accordance wth section 386 of the Companies Act 2006-
that the accounts do not accord with those accounting records-
that the accounts do not comply wth the accounting requirements of section 396 of the Companies Act
2006 and wth the methods and principles of the Charities Statement of Recommended Practice
applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)-
that there is further information needed for a proper understsnding of the accounts to be reached.
Independent examiner's statement
I have completed my examination and have no cOn￿mS in respect of the matters111 to (4) listed above and, in
onnection with followng the Directions of the Charity Commission for Northern Ireland, I have found no matters
that require drawing to your attention.
This report is made solely to the CoMpan￿S TTUStees, as a body. in accordance wrth section 6513}la) of the
Charities Act {Northern Ireland) 2008 and regulations made under section 66 of that Act. My work has been
undertaken so that I might state to the company's Trustees those matters l am required to state to them in an
Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or
assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or
for this report.
Signed..
LJL
Dated= 25 July 2023
Scott Mccullough FCA
Chartered Accountsnts Ireland
UHY Hacker Young Fitch Limited
Gordon Street Mews
27-29 Gordon Street
Belfast
BT12LG
Page 7

RESTORE IRELAND LIMITED
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Unrestricted
funds
2023
Totsl
funds
2023
Total
funds
2022
Note
Income from:
Charitable activities
12,328
12,328
2,310
Other income
Total incom8
12,335
12,335
2,316
Expenditure on:
Charitable activities
11,532
11,532
8,570
Total expenditure
11,532
11,532
8,570
Net movement in funds
803
803
(6, 254)
Reconciliation of funds:
Total funds brought foNrfard
Net movement in funds
156,110
803
156,110
803
162, 364
(6, 254)
Total funds carried fonNard
156,913
156,913
156, 110
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 10 to 17 fom) part of these financial statements.
Page 8

RESTORE IRELAND LIMITED
(A company limited by guarantee)
REGISTERED NUMBER: N1051940
BALANCE SHEET
AS AT 31 MARCH 2023
2023
2022
Note
Fixed assets
Tangible assets
147,632
152,193
147,632
152, 193
Current assets
Cash at bank and in hand
10,253
4,805
10,253
4,805
Creditors.. amounts falling due v￿thin one
year
10
1972)
(888)
Net current assets
9,281
3,917
Total assets less current liabilities
156,913
156, 110
Net assets excluding pension asset
156,913
156, 110
Total net assets
156,913
156,110
Charity funds
Restricted funds
12
Unrestricted funds
12
156,913
156, 110
Total funds
156,913
156, 110
The company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act wth respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordan￿ with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 25 July 2023 and signed on
their behalf by..
Joyce Bassett
Trustee
The notes on pages 10 to 17 form part of these financial statements.
Page 9

RESTORE IRELAND LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
General infomiation
Restore Ireland Limited is a private company limited by guarantee and is incorporated and registered in
Northern Ireland under Company Registration Number N1051940. It is also a charity registered by the
Charity's Commission Nl under Charity Registration Number NIC100278.
The charitsble company's registered office is situated at 27-29 Gordon Street. Belfast. BT12LG.
The principal objectives of the charitable company are to advance the Christian faith and biblical values.
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 wth the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) {effective 1 January 2015), the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006.
Restore Ireland Limited meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwse stated in the
relevant accounting policy.
2.2 Going concern
The financial statements have been prepared on the going concern basis.
2.3 Income
All income is recognised once the company has entidement to the income, it is probable that the
income wll be received and the amount of income receivable can be measured reliably.
Where the donated good is a fixed asset. tt is measured at fair value, unless it is impractical to
measure this reliably, in which case the cost of the item to the donor should be used. The gain is
recognised as income from donations and a corresponding amount is included in the appropriate
fixed asset class and depreciated over the useful economic lrfe in accordance wth the company's
accounting policies.
On receipt, donated professional services and facilitses are recognised on the basis of the value of
the gift to the company which is the amount it would have been wlling to pay to obtain services or
facilities of equivalent economic benefrt on the open market- a corresponding amount is then
recognised in expenditure in the period of receipt.
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.
Page 10

RESTORE IRELAND LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies (continued)
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third paty, it is probable that a transfer of economic benefits will be required in setuement 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 shared costs, including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned bets￿en those activities on a basis consistent wth
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
harges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
company's objectives. as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.5 Interest receivable
Interest on funds held on deposit is included vthen receivable and the amount can be measured
reliably by the company-, this is normalty upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
2.6 Tangible fixed assets and depreciation
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be
induded in the measurement of cost.
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 foll0Y￿ng bases..
Freehold propety
Fixtures and fittings
2% straight line
250/0 reducing balance
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 acquisibon or opening of the deposit or similar account.
Page11

RESTORE IRELAND LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies (continued)
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 company 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.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finance Cost.
2.9 Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initialty recognised at transaction value and subsequently
measured at their settlement value vrith 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 company and vthich have not been designated for other
purposes.
Income from charitable activities
Unrestricted
funds
2023
Total
funds
2023
Residential income
12,328
12,328
Unrestncted
funds
2022
Total
funds
2022
Residential income
2,310
2,310
Page 12

RESTORE IRELAND LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
other incoming resources
Unrestricted
funds
2023
Total
funds
2023
Bank interest
Unrestricted
funds
2022
Total
funds
2022
Bank interest
Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
2023
Total
2023
Advance the Christian faith & biblical values
11,532
11,532
Unrestricted
runds
2022
Total
2022
Advance the Christian faith & biblical values
8,570
8,570
Page 13

RESTORE IRELAND LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysis of expenditure by activities
Support
osts
2023
Total
funds
2023
Advance the Christian faith & biblical values
11.532
11,532
Support
costs
2022
Total
runds
2022
Advance the Christian faith & biblical values
8,570
8,570
Analysis of support costs
Totsl
funds
2023
Total
funds
2022
Depreciation
Repairs & maintenance
Bank charges
Insurance
4,560
1,743
46
4, 668
218
42
2,818
1,295
13
2,269
Heat & light
Sundry expenses
Water charges
Computer costs
Governance costs
13
386
85
85
972
889
Total 2023
11.532
8,570
Independent examinerfs remuneration
2023
2022
Fees payable to the company's independent examiner for the independent
examination of the company's annual accounts
889
Page 14

RESTORE IRELAND LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Trustees. remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2022 - £NIL).
During the year ended 31 March 2023, no Trustee expenses have been incurred (2022- £NIL).
Tangible fixed assets
Freehold Fixtures and
property
fittings
Total
Cost or valuation
At 1 April 2022
211,852
47,854
259,706
At 31 March 2023
211,852
47,854
259,706
Depreciation
At 1 April 2022
Charge for the year
60,954
4,237
46,559
324
107,513
4,561
At 31 March 2023
65,191
46,883
112,074
Net book value
At 31 March 2023
146,661
971
147,632
At 31 March 2022
150,898
1,295
152, 193
10. Creditors: Amounts falling due within one year
2023
2022
Accruals and deferred income
972
888
Page 15

RESTORE IRELAND LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
11.
Financial instruments
2023
2022
Financial assets
Financial assets measured at fair value through income and expenditure
10,253
4,805
Financial assets measured at fair value through income and expenditure comprise cash and cash
equivalents.
12. Statement of funds
Statement of funds - current year
Balance at
31 March
2023
Balance at 1
April 2022
Income Expenditure
Unrestricted funds
General Funds
156,110
12,335
(11,532)
156,913
Statement of funds - prior year
Balance at
31 March
2022
Balance at
1 Apiil 2021
Income Expenditure
Unrestricted funds
General Funds
162,364
2,316
(8, 570)
156, 110
13. Summary of funds
Summary of funds- current year
Balance at
31 March
2023
Balance at 1
April 2022
Income Expenditure
General funds
156,110
12,335
111,532)
156,913
Page 16

RESTORE IRELAND LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
13. Summary of funds {continued)
Summary of funds- prior year
Balance at
31 March
2022
Balance at
l April 2021
Income Expenditure
General funds
162,364
2,316
(8, 570)
156, 110
14. Analysis of net assets between funds
Analysis of net assets between funds - current year
Unrestricted
funds
2023
Total
funds
2023
Tangible fixed assets
Current assets
Creditors due wthin one year
147,632
10,253
(972)
147.632
10,253
(972}
Totsl
156,913
156,913
Analysis of net assets between funds - prior year
Unrestncted
funds
2022
Total
funds
2022
Tangible fixed assets
Current assets
Creditors due V¥4thin one year
152, 193
4,805
(888)
152, 193
4,805
(888)
Total
156, 110
156,110
15.
Related party transactions
There were no related party transactions in the year.
16. Controlling party
The ultimate controlling paty is the Board of Trustees.
Page 17