Charlty rogistratlon number 100860 Company reglstratlon number N1625337 (Northern Ireland) BALLYLOUGH LIVING HISTORY LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
BALLYLOUGH LIVING HISTORY LIMITED CONTENTS Pago Charity Information Trustees, report Independent exeminef8 report Statement of financial actlvili8s Balance sheet Notes lo the financial stslements 8-15
BALLYLOUGH LIVING HISTORY LIMITED LEGALAND ADMINISTRATIVE INFORMATION Trustees Mrs J Traill Mrs M Traill Mr B Cuiry (Appointsd 1 S March 2024) Charfty number 100850 Company number N1625337 Reglstered offlce Ballylough House Ballylough More 53 Casllecal Road Bushmills Co. Antrim BT57 8TN Indopondont oxamlner Moore IN.I.I LLP 30-32 Lodge Road Coleraine BT52 1NB Bankor8 Ulster Bank Limited 11 Church St Ballymoney Co. Anlrim 8T53 6HS
BALLYLOUGH LIVING HISTORY LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 30 JUNE 2024 The trustees presenl theSr annual report and financial slalèments for the year ended 30 June 2024. The financial statements have been prepared in accordanc8 with the accounting policies set out in note 1 to the financial statements and comply with the charity's memorandum and articles of association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practic8 applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicab18 in the UK arsd Republic of Ireland IFRS 102}18ffective 1 January 20191" Objectlves and actlvltles The charity's objectives are.. lo advance and promote education and skill development of the public (especially the local ¢ommunity}, focussing on the local, history, heritage and aiea, in any charitable way. to advance community development for the benefit of the inhabitants in and around Ballylough,. In particular through promoting improved infrastructure, incidental to tho above obleclives. To encourage young sludenls, who are In need of asslstance, to pul thelr skills into action by 8clively seeking lo employ such persons through voluntary or paid work in any area of thg charity's work. Nothing in the articles shall aulhori5e an application of the property of the charity for purposés which are not charitable In accordance with section 2 of the Charities Act (Northern Ireland) 2008. The Iwstees have paid due regard to guidance issuéd by th& Chanty Commission In dèciding what ath'vlties the charity should undert8ke. A¢hl6vem•nts and perfomlance The various assets and amenities that the charity have access lo have been maintainèd and kept for fvture use. In the Current circumstancè the charity is unable to host events, or work with volunteers as before, or woth on any proje¢l$, until such time as further agreements and a selllement can be reachad with tho owner ol the propety. Plannlng for futurn perlodg. Our priorities for the following year remain wellbeing and education. us5ng heritage and outdoors. Plans for hosting events and volunteers is currently on hold and we hope that onGe thé above agreements and settlement has been attained the charlty will be able lo resume all activities previously engaged in. The charlly 1$ currèntly b6Sng supported by one of the Iruslee8 in an effort to maintain the charity status until that lime arrives,
BALLYLOUGH LIVING HISTORY LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Financi31 revlew The results lor the yeor are sel out on page 5. The organisalion relufned nel expenditure for the year ol E18,875 12023.. 01 £11,190). AI 30th June 2024 the total lund5 of the charity amounted lo £.18,384 12023.. £4851 compri51ng ol £-36.562 01 unieslricled Ivnds and £18. 178 01 iesliicted funds. The Iwslees have assessed Ihe major iisks lo which Ihe charity is exposed, and are satisfied Ihal $yslem$ are in place lo miligale exposure lo the major risks. Structure, governance and management The charity is a company limited by share capilal. The Iruslees, who are also the directors for the purpose of company law. and who Served during the year and up lo Ihe dale ol signalufe ol Ihe financial slalemen15 weTe'. Mr H Montgomery (Resigned 14 Apfil 20251 Mrs H Reade (Resigned 14 April 20251 Mr D S Traill (Resigned 18 April 20251 Mrs J Traill Mr S M Traill Mf J Wlchell Mr 8 Curry IResigned 14 Apfil 20251 (Appoinled 15 March 2024 and resigned 30 April 20251 The management of the Ch8rily is Ihe responsibllity ol thg Truslees who We elected under Ihe terms ol Ihe Memorandum and Arficles of Association. Golng Concern The charlly will resurne operations lo allow il lo continue lo lunclion in the lulure. However the charity is relSanl on the support ol the Iruslees lo allow il lo continue as a going concern Iruslees. report was approved by tho Board ol Trustees. Mr S M Traill Trustee Daied.'26 June 2025 Trusiet Daled.. 26 June 2025
BALLYLOUGH LIVING HISTORY LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BALLYLOUGH LIVING HISTORY LIMITED We report on the accounts of the charaty for the year ended 30 June 2024, whlch arè sèt out on pages 5 10 15. R&spe¢tlve responsibllSti85 of trustoes and •xaminor The trustees, who are also the directors of Ballylough Livlng History Limited for the purposes of company law, are responsible for th8 preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied mysélf that the charity is not subject to audit und&r company law, and is eligible for ind8pendent examination, it is my responsibility to: examine th& attounts und•r section 65 of Iht Charities Act (ill follow the procedurès laid down in the general directions given by th& Charity Commission for Northern Ireland under section 6519llbl of the Charities Act liiS1 slate whether partlcular matters have come lo my attention. 8a8ls of Independenl examlnerf8 report have examined your charity accounts as required under section 65 of the Chariti6s Act and my examination was carried out in a¢¢ordance with the general Dire¢lions given by tho Charity Commission for Northern Ire18nd under section 65{9llbl of the Charities Act. The examination included a rèview of the accounting re¢ords kept by the chgnty and a comparison of the accounts presented with those records. It also Includ8d consideration of any unusual items or disclosures In the accounts, and seeklng explanations from you as charity trustees concernlng any such matt8rs. My role is to st8te whether any material matters have Come to my attention givlng us cause to b81iev8.' 1. That 8ccounllng records were not kept In aceordance with seelion 386 of the Companies Act 2006 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply wllh th8 accounting requlremenls of $e¢lion 396 of the Companies Act 2006 and with the methods and principles of the Charitieg Statemenl of Recommended Praclice applicable lo charities preparing their accounts in acwrdancg wbth the Fingn¢ial Reporting Slandard appllcable in the UK and Republlc of Ireland 4. That there is further information needed for a proper understanding of the accounts to be reached. Independont examlnerf8 Statemont I hav8 completèd my 8xaminalion and I belleve that attention should be drawn to the foll¢)wlng mattèrs. Whilst the accounts have been prepared on the going concem basis, at 30 June 2024 the charity's total fvnds were overdrawn by £18,384. Unrestricted fvnds were overdrawn by £36,562 whi18t r88lricted fund8 showed a ¢dit balance of £18, 178. This is mainly due to the fact that the charity temporarily paused operations and therefore received no income during the year endad 30 June 2024 and was reliant on financial support from one of the trustees. The balance due to the trustee stood at £27,805 at the year end. The trustees anlicipale that operations will r8sume in thè medium tèrm and do not wish to cèase operations. Dr R I Peters Ga118gh8r OBE FCA for and on behalf of Moore (N.I.I LLP 30-32 Lodge Road Coleraine BT52 1 NB Oaled.. 26 June 2025
BALLYLOUGH LIVING HISTORY LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2024 Unrestrlcted Restrictod funds funds 2024 2024 Total Unrostrictèd Rostrlctod funds funds 2023 2023 Total 2024 2023 Not08 Income from: Donations and legacies 10.000 10,000 Tot•1 In¢¢mo 10,000 10,000 ExpendSture on: Charitable acts'vltles 16,340 3,535 18,875 7,784 3,428 11,190 Total expondlturè 15,340 3,535 18,876 7,764 3.426 11,190 Nfrt frxpendllure and movomont In funds (15,3401 13,5351 118,875) 2,236 13.4261 11.1901 R•conclll•tSon of fund•: Fund balances at 1 July 2023 (21,2221 21,713 491 {23,4641 25,139 1,675 Fund balanc98 at 30 June 2024 {36,662> 18,178 {18,3841 121,2281 21.713 485 The Statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derlve from conllnuln9 actlvitles.
BALLYLOUGH LIVING HISTORY LIMITED BALANCE SHEET ASAT30JUNE 2024 2024 2023 Nole• Flxed a$$ots Intangible assets Tangible asse19 10 11 700 16,963 1,400 21,207 17,663 22,607 CurrentA•8ets Debtors Cash at bank and in hand 12 7,270 593 483 483 7.883 Credltors: amounts falllng duo wlthln one year Loans and overdrafts Other credStors 13 1,119 30,405 900 22,881 31,624 23,781 Not ¢urrnnt Ilabllltl•• 131,0411 115,9181 Totsl a8$ets les• Current Ilabllltle• 113,3781 6,689 Credltor•: amounts falllng duo aftor more than one year Loans and overdrafts 13 6,008 8,204 16,0061 16,2041 Not •88ots 118,3841 485 Not Illabllltlo•)la8•ets 118,3841 485 The funds of tho charlty Share capital Restricted income funds Unrestricted fvnds 16 17 18,178 136,5681 21,713 121,2341 118,3841 485 The company is entitled lo the exemption from the audlt requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2024. The dir6¢lors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to a¢counts'ng records and the preparation of financial ststements. The members have not reqUId Ihe company to obtain an audit of its financial Statements for the year in question in accordance with section 476.
BALI_YLOUGH LIVING HISTORY LImITD BALANCE SHEET (CONTINUEI) AS AT 30 JUNE 2024 The finanaal,¥ratemenls were approved by Ihi) trulee9 on 26 June 2025 Mrs J Traill Trustee Mr S M Traill Company re¥Jlslralion numbei N1625337 (Northern Iielandl
BALLYLOUGH LIVING HISTORY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 A¢¢ountlng poll¢les Charity infomiation Ballylough Living History Limited is a private company incorporated in Northem Ireland. The registered office is Ballylough House Ballylough More, 53 Ca5116cat Road, Bu5hmills, Co. Anlrim. BT57 8TN. 1.1 Accountlng conventlon The financial statements have been prepad in accordancè wllh the charity's memorandum 8nd artl¢les of association, the Companies Act 2006 and "Accountin9 and Reporting by Charities.. Statement of Recommended Prath'c6 applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {offeclive 1 January 20191" The charity 1$ a Publi¢ Benefit Entity a$ defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletln 1 not lo prepare a Statement of Cash Flows. The financial stalemenls are prepared in Sterling, whS¢h Is the functional currèncy of the charity. Mon8lary amounts in these financial statsments are rounded to the nearest £. The principal accounting policies adopted are set out below. 1.2 Golng concern The charity will resume 0rat.0n$ to allow il lo ¢onlinue lo function in the future. However tho basis of the going concem status is reliant on the sUPPOrt of the Iruste8S. 1.3 Ch•rltsble fund8 Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Rèstricted funds are subject lo sFecifi¢ conditions by donors or grantors as to how they may be used. The purposes and uses ol the restricted fund8 are sel out in the notes lo the financial statemtnls. Endowmènt funds are subject to SP8cific conditions by donors that the capital musl be maintained by the charity. 1.4 In¢ome Income ig recognised wh&n the charity is legally entitled to it after any performance conditions have been mèl, the amounts ¢8n be measured reliably, and it is probable that income will be received. Cash donalions are recognSsed on receipt. other donations are r8cognised once the charity has been notified of thg donation, unless performance conditions require deferral of the amount. Inoome tax recoverable in relation lo donalions received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or oth8Nise if the charity ha5 been notified of an impending dislribulion, the amount is known, and re¢eipl is èxpected. If the amount is not known, the legacy is treated as eontingenl asset.
BALLYLOUGH LIVING HISTORY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 A¢countlng pollcles Icontlnuedl 1.5 Expenditure Expenditure is recognised once there is a legal or constrLkCtive obligation to transfer economic benefit to a third paty, il is probable that a transfer of economi¢ 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 shared costs, Including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated dlreclly lo that activity. Shared costs which contribute lo more than one activlty and support costs which are not attributable to a single activity are apportioned beeen those activities on a basis consislenl with the use of resources. Central staff costs are allocated on the basis of lime spent, and depreciation charges are allocated on the portion of the asset's use, Exp8ndilure is recognised once there Ss a legal or constructive obligation lo makè a payment lo a Ihlrd party, il 18 probable that settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as 8 CQSt against the activity for which the expenditure was incurred. 1.6 Int•nglble flxod 08•0ts oth•r than goodwlll Intangible assets acquired séparately from a business are recognised at cost and are subsequently measured al cost less 8c¢umulat6d amorti8alion and accumulated impaimi6nt lossas. Intangible assets auIred on business combinations are recognised separately from goodwill at the acquisition date where il is probable that the expected futLtre economic benefits that are attrlbulablg to the asset will flow to the enlily and the fair value of the asset can be measured reliably., the intangible asset anses from contractual or other legal rights,. and the Inlanglblè asset is separable from the entity. Amortisation is recognised so as to write off the cosl or valuation of assets18ss their résidual valuès over th6ir useful lives on the following bases.. Softsvare 20Qlo Straight line 1,7 Tanglble flxgd a¥Jots Tangible fixed assets ar8 inltially rneasured at cost and subsequently measured at cost or valuation, nel of dèpreciation and any impairrnent losses. Depreciation is recognised so as lo wrrte off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Plant and equipment Fixlurtrs and fittings Motor vehicles 20¥0 reducing balancè 20 /0 reducing balan 20 /0 reduclng balan¢8 The gain or loss arising on the disposal of an asset is determinèd as the differen belween the sale proceeds and the carrying value of the asset, and is re¢ognised in the statement of financial activities. 1.8 Impairniont of Ilxed assets At each reporting end dale, the charity reviews the carying amounts of ils tangible and Intsnglble assets to delemiine whethgr Ihere is any indication that th059 assets have suffered an impairment loss. If any $u¢h indication exists, the recoverable amount of the asset is estimated in order to determine the exlenl of the impairment loss lil any).
BALLYLOUGH LIVING HISTORY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Accountlng pollc1è8 (Contlnuedl 1.9 Cash and cash ¢qulvalents Cash and cash equivalents include cash in hand, deposits held al call with banks, other short-lerm liquid investments with original malurilies of three month$ orloss, and bank overdrafts, Bank overdrafts are shown within borrowings in current liabilities. 1.10 Flnanclal Instruments The charity has 81ecled to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balan sheet wheri the ¢harity becomes party to the conlraclual provisions of the instrumenL Financial assets and liabilities are offset, with thè nel amounts pr8senl8d in the financial slatemenls, when there is a legally enforceable right lo set off th8 recogni$ed amounts and there is an inl8ntion lo settle on a net basis or to rèalise the asset and setu6 the Ilabilily simultaneously. Ba$1¢ flnanclal assets Basic financial assets. which include debtors and cash and bank balances, are initially measured at transaction price including transacllon costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement conslilules a financing tr8nsa¢lion, where the transaction 1$ measured al the present value of the fvture receipts dlscounled al a market ralè of interest. Financial assets classified 88 r&¢eivable within one year are not amortised. Bas1¢ flnanclal Ilabllftles Basic financial liabilities, including credilors and bank loans are initially recognised al tran3aclion prlce unless the arrangement conslitules a financing Iransaclion, where the debt instrument is mea$urod al the present value ol the future payments discounted at a maTket rale of interest. Financlal liabilities classified as payable within one year are not amortised. Dobt instruments are subsequently carried at amortlged $t, using the effective interest rale method. Trade credltors are obligations to pay for g¢)ods or Serv4$ that have been acqulréd In the ordlnary course of operations from Suppliers. Amounts payable are classlfied as current Ilabililles if payment is due within on& year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognltlon of flnan¢lal Ilabllltles Flnancial liabilities are derecognised when the chanly's contractual obllgatlons explre or a discharged or cancelled, CrStl¢al accountlng 08tlmate• and Judgements In the application of the charity's accounting policies. the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from olheT sources. The e$limale$ and associated assumptions are based on historical experience and other factors thal are considered to be leVant. Actual results may differ from these estimates. The eslimates and undedying assumptions a reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that Period, or in the period of the revision and future periods where the revision affeds both Curnt and future P8riods. 10-
BALLYLOUGH LIVING HISTORY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Donatlons and legacles Unrestricted Unreslricled funds funds ganoral gen6ral 2024 2023 DonationB and giftB 10,000 Expendlturo on charltabl• ictlvttl•s Unr8strlct•d R08trlctsd Fund• Fund• 2024 2024 Total Unrestrlcted Rèstrlcted Fund8 Fund8 2023 2023 Totsl 2024 2023 Dlrect costs Depreciation and impairment Sundry expense8 Motor and travel Computer costs Insurance 4,944 647 320 128 631 4,944 4,182 320 128 831 6,006 282 290 131 1.055 1,862 6,006 1,846 290 131 1,055 1,862 3,535 1.564 Write off of grant débtor 7,270 7,270 13.940 3,636 17,476 9,626 1.564 11,190 Share of support and governance costs Iso• nots 5) Govern8n¢8 1.400 1,400 15,340 3,536 18,875 9,626 1,564 11.190 Analysi8 by fund Unrestricted funds Restricted fvnds 16,340 15,340 3,63S 7.764 1.862 7,764 3,426 3,536 1,564 15,340 3,535 18,875 9,626 1,564 11,190 Support Costs allocated to activities 2024 2023 Legal and professional 1,400 Analysod between: UnRstri¢ted Funds 1,400 11
BALLYLOUGH LIVING HISTORY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Net movemont in funds 2024 2023 The nel movement in funds is statsd after chargingl{¢reditingl'. Depreciation of owned tangible fixed assets Amortisation of inlangible assels 4,244 700 5.3Cfj 700 Tru8teo• None of the trustees lor any persons connected wllh them) recelved any remuneration or benefits from the charity during the year. Employoos The average monthly number of employees during the year was.. 2024 Numb•r 2023 Numb•r Total Thère were no employees whose annual rèmuneralion was more than £60,000. The trustees, who are also th8 directors for the purposes ol company law, rocelved no remuneration for thèir servi$ for the year. Taxatlon The Charity is exempt taxation on ils 8Ctlvilies because all ils income is applied for charitable purposes, 10 Intanglble Ilx•d 8880t4 Co8t Al 1 July 2023 and 30 Juné 2024 3,500 AmortS$atlon and Impalrm•nt Al 1 July 2023 Amortisalion charged for the year 2.100 7CN) At 30 June 2024 2,8 Carrylng amount At 30 June 2024 700 AI 30 June 2023 1,400 12
BALLYLOUGH LIVING HISTORY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 11 Tanglble flxed assets Plant and Flxtur•8 and equlpm•nt fittings Motor v¥hi¢le To¢•1 Cost At 1 July 2023 2.394 39,174 9,150 50,718 At 30 June 2024 2.394 39.174 9,150 50,718 Depreclatlon and Impalnnont Al 1 July 2023 Depreciation charged in the year 1,786 126 20,513 3,734 7.232 384 29.511 4.244 At 30 June 2024 1.892 24,247 7,616 33,755 Carylng amount At 30 June 2024 502 14,927 1,534 16,963 At 30 Juné 2023 628 18,661 1,918 21,207 12 D•btor8 2024 2023 Amount8 falllng due wlthln ono yftar: Other debtors 7.270 13 Loan8 and overdrafts 2024 2023 Bank loans 6,125 7,104 Payable wlthin one yéar Payable after one year 1,119 6.006 900 6,204 14 Credltorn: amounts lalllng due wlthln on• y•ar 2024 2023 Notes Bank loan8 other creditors Accruals and deferred income 13 1,119 27,805 2,600 900 19.641 3.240 31,524 23.781 13-
BALLYLOUGH LIVING HISTORY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 15 Credltors. amounts falllng due after more than ono year 2024 2023 Notès Bank loans 13 5,006 6.204 16 Share capltal 2024 2023 Ordlnary sharo ¢apltal 18$u¢d and fully pald 6 ordinary 5hare5 of £1 èach 17 Re•trlctod fund8 The restricted funds of the charity comprise the unexpended balancw6 of donations and grants held on trust Subject to specific conditions by donors as lo how thgy may be used. At 1 July 2023 Rosources expended AI 30 June 2024 21,713 13,5351 18,178 Prevlous year: At 1 July 2022 Reiource8 oxpond•d At 30 Jun• 2023 25,139 13,426} 21,713 18 UnTe8trlctèd fundg The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These indude designated fund8 which have been set aside out of unrestricted fund8 by th& Iwsl&e$ for Specific purpos&s. At 1 July 2023 Incomlng Re8our¢fr8 resoue1 exponded At 30 June 2024 G8neral funds 121,228) 115,340) (36,568} Prevlous y••r: At 1 July 2022 Incomlng resources R080urc•• expended At 30 Jun• 2023 General funds {23,4701 10,000 {7.764) {21,2341 14
BALLYLOUGH LIVING HISTORY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 30 JUNE 2024 19 Analyslg of net assets botweèn funds Unrestricted funds 2024 Restrl¢tod funds 2024 Total 2024 At 30 June 2024: Intangible fixed assets Tangible assets Current asselsllliabiliti8s) Long temi liabllilies 700 16,983 (41,9491 15,0061 700 16,963 (31,041) 15,006} 10.908 129,2921 10,908 118.3841 Unre8trl¢tsd fund8 2023 Rostrlcted funds 2023 Totsl 2023 At 30 June 2023: Intangible fixed assets Tgngible assets Current assetsllliabSllllesl Long lemi Ilabililies 1,400 21,207 137.631} {6,204} 1,400 21.207 {15.9181 16.2041 21,713 {21.2281 21,713 485 20 Fln•nclal commltm•nts, guarante08 and contlngent Ilabllltle• Certain grants reiVed and reIvable may become repayable lo thè fvnder if the charity is no longer able lo meet the conditions under which they were awarded. Due to the nature of these contingencies, it Is not possiblo to quantify tha potèntial èffect or give an indication of timing as to the liabllities that may arls8. 21 Related party tran80¢tlon8 Included within income are amounts lotalling £0 12023 - £10,000) representing donations made by charity trustees. During the year, trustees loaned the charity £9,950 and the charity repaid £2,000. The balance outstanding to tho Iruslees al the yoar ènd wa8 £27,80512023'. £19,641} and 15 included within other creditors. 15-