CHILDREN IN CROSSFIRE STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AIARCH 2024 Total UnrnBtrlct•d R•strlct•d funds funds 2023 2023 Total funds 2024 fund• 2024 Incom• and ond¢yThnls from: Donations and legacl88 Charftable advftlès Investment8 Other Income 470.540 470.540 2,138,434 2,138,434 523.645 523,645 2,145.593 2,145,593 2.120 2,070 1.725 2,070 2.120 2,070 2.070 Total Incomo 474,335 1138.434 2.612,7 527.835 2.145.593 2,673,428 Exp•ndfturn on: Raising funds Charltable advltl88 337,613 337,613 234229 2325,154 2,383 300,375 300.375 208,734 2.292,088 2.500.822 T¢)tal axp•ndftur• $71,842 2.22S134 2.796.996 509.109 2,292,088 2,801,197 N•t •xpondlturo (97.507) (86.720) (18422n 18,728 (146,495) {127,769) Oth•r r•cognl*•d galns and los•a•'. Other galn81{1088a8) 14 (88) 35,199 N•t mov•m•nt In fund• 10 (97.595) {51.521) 1149.116) 18,728 (146,495) (127,769> R•conclllatlon of fund•: Fund b8t8nces at 1 Aprll 2023 394,205 1.117.521 1.511.726 375.479 1.264,016 1,639,495 Fund balane•• at 31 March 2024 298,810 1,066,000 1W2,610 394.205 1.117,521 1.511.726 Th8 Statement of IInanal 8CtMtl88 Indud88 al gains and k)$8e8 recognlaed in ts year. All Sncomo and axpendituro derive from contlnulng activiUe8. The statement of finandal actp4iUos 8180 cnmpllos wllh tha rwulr8rMIt for an Inc<)mè and oxpondtturè account under the Companie8Act 2006. -16-
CHILDREN IN CROSSFIRE BALANCE SHEET AS AT 31 MARCH 2024 2023 Currnnt a480ts Debtor5 Cash at bank and in hand 15 542.iJ12 1,025.780 1.111792 1A11,235 1,567,782 Credftors: amount• falnng du• wlthln one year 16 (48.624 (56.056) N•t current u*•ts 1,362,610 1.511,726 Net a•s•ts 1.361610 1,511.728 Th• fund• of th• ¢harlty R88trlcted Incom• fund8 Unr8Strfcted fund8 19 1,086, 296,610 1.117,521 394,205 1.362,610 1,511,726 Thé8• finan¢l818t8tements hav• boon wepar•d In acc4ydanc4 wlth tho wov181on8 8ppll¢ablo to comp8nles Subject ts the 8mall companle8 reglme. The Ilnandal 8tat8m8nts were apwoved by the Tnth on 19 $8ptsmbor 2024 Marcu8 0'N8111 (Ch8lrp8r8on) Truste• Seamus Farr811 Trustse Company reglstratlon number N1054061 INcKihem IrelarKI) -17-
CHILDREN IN CROSSFIRE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Cash flows from opfrratlng actlvhlos Cash generated froml(absorbed by) operatlons 85287 153.555) Investlng acllvhlo8 Invéstrient income recelved 2.120 Net cash genoratod from Inv•stlng actlvhlo• 2.120 Not ca•h u••d In flnanclng actmu N•t Incrna#•l(d•cr•M•) In cmh and cuh oqulvalonls 87,012 (51.435) C88h and c88h equfvalents at beglnnlThJ of year 1,025.780 1,077,215 Cash and Cash oqulvalont8 at •nd of y••r 1,112,792 1,025.780 -18-
CHILDREN IN CROSSFIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcl•• Charfty Informatlon Children in Crossfire is a private (xjmpany limited by guarantee lrn¥)rpor8ted in North8m Ireland. The rngistered office is 2 St Joseph'sAvenu8, DERRY. BT48 6Th. 1.1 Accountlng conventlon The financial ststements have b88n prepared in aca)rdance wilh th8 th8rltVs goveming dtxument. the Companie8 Act 2006 and "AUnting and Reportlng by Charrti88: Ststemnt of Recommended Pr8Ctlce applicablè to tharitie8 prnparing their accounts in aCrdanCe the Financial Reporting Standard appllcable In the UK and Republic of Ireland (FRS 102) (offwthe 1 January 2019)". Tr tharity Is a Publlc Beneflt Entity as definad by FRS 102. The Ilnanclal statsm8nts are prepared In sterfing, whlch the fundional currerty of ts tharfty. Monetary amounts In th88e finandd 8t8ternents are round8d to the n8are8t £ Th8 flnancial statements have b88n (Y8pared under the hbtorkxl c4)8t ex)nv8ntion. The prindpal accountlng pollcl88 adopted ar8 Set out bel. 12 Golng eoneern At th8 Ilm8 of approvlng th8 Ilnanclal stat8m8nts, the Tru8tee8 hav8 a reasonable oxpectsdon that the charfty h88 8dequat8 re8ourc88 lo conllnua in opwational exi8tenc6 for the for88eeabl8 futurn. Thu8 tha Tte06 condnue to adopt th8 golThJ concem bas18 of accountlng In pr8P8rfry th8 finanu81 st8tem8nts. 1.3 Charhablo lund8 Unrestriclad lunth arn avallable for at tho dl8uetk)n of TN8te88 In further8n(x of thelr ch8dt8b18 obJ8Ctlves. Re8trfctèd fund8 are 8ubJéd to Specific Mnditions by donor8 or grantors as lo how they may be used. Th8 purp0888 and u888 of the r88tr1cted lund8 are set out in the not88 to th8 flnancial statements. Endowment funds ar8 Subject to 8P8thc condltlons by dorK)rs that thè opSlal must bo malntsln8d by the charity. 1.4 Incom• Income Is recognlsed wthon the charity 18 legally entitled to It after any perfomiance condlllon8 have beon met. the amounts Can b8 mea8ured rellabty, arKI it 18 probable that Income will be r1Ved. Cash donatlons are recognised on receipt. Other donauons are recognised the charity has baon notiffed of the donatlon. unless perfom18nce condlbons require d8ferr81 of the amount. InLX)m8 tax re(Verable in rélation to don8tion8 rec8Ned under GiftAid or deeds of cthen8nt recnIsed at the tlme of the donatM)n. 1.5 Expondlturn ExndItUre 18 rec(gn18ed on(* thwe18 818gal or (StrUctIva obNgatlon to make a payment to a thlrd paty, Is prob8ble that 8ettlem8nt wlll b8 required and the amount of the obIlgaOn can measured reliably. 19-
CHILDREN IN CROSSFIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollclo8 (Contlnu•d) 1.6 Tanglblo )Ix•d asmts Tangible fixed assets are Inltlalty measured at 8nd subsequ8nty measured at cost or valuation, net of depreciation and any impaim8nt k)sses. Tangible fixed assets {St1J Ire than £1,000 ara capitalised. vAth all expenditure on cawtsl ttems bel( £1,0(K) boing expensed to the Statement of Finandal Actrvities. Depr8ciatlon18 recognised 80 88 to vrtite off th8 (x)8t or v8luallon of 888et81888 thelr re8klu81 values over th8lr useful lives on the followlng bases.. Flxtures and ffttlngs Motor vehlde8 8trajht Ilne 25% 8tr81ght Ilne The galn or1088 ar181ry on Ihe dWI of an asset Is detennlned a8 tha dlffewce between th8 sala pred8 and th8 carylng va0 of thè a#8e(8nd18 r8cwn180d In th6 8tatem8nt of financial 8Ctlvlt1. 1.7 Cash and cash •qufvahnl• Cash and cash equivalents Include cash In hand, deposrts hekl at ¢811 Vth bank8, other short-tern) Ilquld Invesknents wlth orlginal matUtIeS of three month8 iy le88. arKI bank 0rdraft8, Bank ov8rdraft8 are 8hown withln borrowlngs In current Ilabutties. 1.8 Flnanclal In8trumonts The charity has 8cted to apply the provlslon8 of Sectton 11 'Baslc Flnandal In8trum8nts' and Sectlon 12 'Other Finandal In3truments188u8s' of FRS 102 to all of It8 financlal Instruments. Flnanclal In8trum8nts are r8cognl8ed In tho charW8 bolanc• 8h88t when Ihe dwrlty becom88 paty to the contractU81 provlslons of th8 Instrumont. Flnandal a88ets and Ilabllltles are offset. wlth the net amounts presented In the financlal statements. there18 g ally enforceable right to Set off the r8cognlsod amounts and th6re Is an Intontlon to settle on a nèt ba8 or to reall8e the 8888t and 8etU8 th8118blllty 6lmutt8neou81y. B•8k flnanelal aM•ts Baslc flnanclal 888ets, whlch Indude debtN8 8NJ c88h and bank b818nts8, are inltslty me88uréd at transactlon pta Including transacllon $ts arKI are subsèquently Carried at amortlsed cost using the effective Interest method unless tho arrangem1 ¢StItUteS a finar)drvJ transaction. whore the transaction 18 measured at the present value of the ftrture receipts dL8counted at B mafkot rate of Inter8St. Flnanclal assets classifd 88 re(xivable wlthln on8 year are r#)t an188d. Bask fln•n¢lal Il•blllll• Bae financial liabilities, Induding creditrAs and bank loan8 are Inmally recronl8ed at transacth)n unlèsB the arrangement constitirt8S 8 financing transaCAk, vthere th8 debt InStrunt Is measured ai the pr8S8nt value of the fLrture pants discounted at a market rate of Interest. Flnancial liabilltS8s classified as p8y8bl8 wlthln ¢)ne year are not amorused. Debt Instruments arn 8ub8equenty carried at amortw crf u8iThJ the effgctlve Intera8t ratè method. Trade credltorn are obllgatlon8 to pay for gocxls or Servi that have been auIred In ts ffljlnary coUe of operatlons from suppllers. AMnts payabl8 are claSsed as current liabllttl8s If payrnent is due vlthln one y6ar or less. If not, they are presented as non-current Ilabiliti8s. Trade ueditors are rècognised inlually at Iransadon Pri( and subsequenty measured at amt)rtised cost using the eff8(kne interest method. Derncognltlon of Ilnanclal I18.1111•S Finan(ial liabilitbes are d8r8crMJnlsed th8 (x)ntral obllgthns expire or are dlscharged or cancelled.
CHILDREN IN CROSSFIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Aceounllng pollcleA {Contlnuad) 1.9 Taxatl The company is a charity and Is re(yJgnlsed ty HM Revenue & Cu81om8 under the charity tAx refer8n¢ XR85661. As a r8suIt there Is Th) Ilabilty to taxats. any of Its In(xxne. 1.10 employ bonolhs The cost of any unus•J holSday entldem8nt 18 r8(a)gnlsed in the perkxj In vthlth Iho 8mployee'8 seThlc8s are received. Temilnation benoffts are recogn188d lrnmediatdy a8 an expen8e In tha charty18 dernon8tr8bly (xJmmltt8d to temilnate the employment of an employee or to tem)inatk)n bBffts. 1.11 Retlr•mant bonollts Paymants to defined eAxrtrFbutlon r8tlr8ment benefft sthém88 are cth8rg&l as an 8xp8nsa as they fall du8. Crlllcal a¢countlng •#llmat•• and Judg•m•nt• In the appllcatlon of th8 tharlV8 aixounllng pollcl68, the Tnjstees are required to make judg8m8nts, estimates and assumptlon8 about the carying amount of assets and liab11rt that ar8 not readity apparent from Other sources. Th8 estlmates and associ assumption8 are ba88d on historlcal experience and other facknrs that are cor6d8red to bo relevant. AcJal results may dlffer from th088 estlmate8. Tha e8tim8tes and underlying a88umptk)n8 are revl8w8d an ongolng ba#58. R8v181on8 to 8ccountlng estlmate8 are reixjgnised In the F)8fiod In whk* the esllmate ts revlsed VItre the revision affects only that pedod, or In the pèrfod of tho revlslon ar#J future perlods wher8 thè revl8bn affects both rrent and fulura peflods. Ineom• from donallon• and l•gacl•• Unre•trfctod Unrn•trlctad funds fund• 2024 2023 Donatlon8 and glfts 470,540 523.645 -21
CHILDREN IN CROSSFIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charllablo activltl•8 2024 2023 Grant fundlThJ 2,138834 2.145,593 Grnnt fundlng lrfsh Aid, D8partm6nt Forelgn Affair8 8fKI Tr8de Hllton Foundation Summerhlll Foundation James P8rcy FourKlatlon The Betterw8y Foundatlon 365.748 980.342 100,01)0 287059 569,511 995.589 100.000 112,141 4,512 20,000 25.000 20,977 9,046 7,491 15,000 Dominic Filzpatrfck Van Oord Support sor Rockhill & Alshling Holiday Park8 Sall Around Ireland Glenhlll Merchants Other 2,000 376,162 281.326 2,138,434 2,145,593 Incom• from Invlmont• Unr••trlclod Unr•8trlctod lund• funds 2024 2023 Interest recolvablo 2,120 Oth•r Incom• Unr••trlet•d Unr••trlctod fund8 funds 2024 2023 Management ¢harye 2,070 2,070
CHILDREN IN CROSSFIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 Expondlthrn on ralslng funds Unr•StrIct Unr•8trlct•d funds fund8 2023 Fundral•lng and publlclty Staging fundralsing events staff costs 137.639 199,974 105.931 194,444 337.613 300.375 Exp•ndltur• on charttabl• actMtI•• Charltabl• acthiltlo8 2024 Charltablo a¢tlvltle8 2023 Dlrocl co•ts Slaff costs PrcvJramrr* costs CRM 8ub8crlptsn and a8Ktiated c08ts Promollons and publlcatlon8 Insuranc 435,388 1.859.652 16.482 419,693 1.914.737 33.576 2,577 3,489 10,290 756 1,876 3,314 10,849 8,598 13.060 17,204 14,700 8,175 aeanlng Repalr8 and malntenance Postag8, stalonery & advertl8lng T•laphon8 IT costs Travelllng 8xpenses Other staff costs Renl Mi8callanaou8 •xpena88 8.417 1.289 2,106 3,347 14563 10,086 15.668 18,989 1471JO 1414903 2.462.874 Sharn of 8UPPOrt and gov•rnanc• co•ts (M• not• g) Govamanc6 38,148 2M59.383 2,500.822 Analy•l8 by fund Unrastricted fund8 Restrfcled fund8 208,734 2.292,088 1225,154 2A59.383 2.500,822
CHILDREN IN CROSSFIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support costs allocat to actl¥ltl•s 2024 2023 38,148 Charttabf8 actrvtUe8 44480 38.148 10 Not movoment In fund• 2024 2023 Th8 net rr*)v8ment In fund818 8tsted aft8r drgIn(ted[Ung). Fee8 P8y8blè for the audlt of th8 th8riV8 financlal 8tatsm8nts 7,800 11 Trvgt• None of the Trustees ¢ any pe18(8 1xinr¢1ad thèm) r8c81¥8d any remuneraOn or n@flt8 from the charSty durlrKJ the year. No trusle8 was reirnbursed expen888 during th8 yaar (2023: £nll). No tru8te8 recehmd Payment for professlonal or other serthix5 5upplled to the chaty {2023.' £nll). 12 Employtt• Th8 8v8rage morthly numb8r of èmpbyee8 durkng th8 y8Br w88: 2024 Numb•r 2023 Numb•r 16 17 Empl¢)ym•nt co•ts 2023 Wagés and s8larl88 &xlal security costs Other p8nsbn (xmts 550,576 52,124 11,437 12.032 635,362 614,137 There were no employ888 wh08e annual r•Nwalion wa8 mcKe than £60.0fy). R•mun0ratlon of k•y manag•m•nt p•rnonn•l The rernunerallon of key management perSne1 was 88 folltrws: 2024 2023 Aggregats Gompensati 263,397 -24-
CHILDREN IN CROSSFIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Taxatlan The chartty Is exempt from taxation on ts acbvltte8 because al its income 1$ applied for charilabl8 pufTYJ888. 14 Other galm and losses Total fund• funds 2024 rbd• funds 2023 2024 2023 Galnsl(Ioss85) UPK)n: Forelon 8xchang8 188) 35,199 The charfty recehm fund1 In US doll8rn and h88 a USD tMrd( wunt to r1ve income and mak8 payments. Foralgn exthange galn8 rewe88nt 8 strength8nlng of pound 8terling {GBPI agalnsl th8 US dollar (USD) wh8n transtating to the charitys functi¢)nal crrencY of GBP. 15 Dobtor• 2023 Amounts falllng du• wlthln on• year. Trade debtor8 Other debtors Pr6payrnent8 and acou•d Incnme 267,221 9,054 22,188 464,579 52.673 24,750 298,443 542,002 18 Cr•dlior•: amount• faillng du• wlthln on• y•w 2023 Other taxatlon arKI 8odal securlty Accrua18 and deferred Ir1 14,850 33.775 13,496 42,560 48,626 56,056 17 R•tlremant bondtt eh•m 2024 2023 Definod ¢onlrfbullon •chwn Charg8 to profit or k>83 In respect of defined (x)ntrfbutrC sc**me8 12,032 11.437 Tha charlty operates a defined {Xtnuti0n pension scheme for all qualifyiThJ employees. The assets of the scheme are held separatety from those of the charity in an indèpendenty aJmini8tered fund.
CHILDREN IN CROSSFIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 18 UnreAtrlct•d fund8 The unrestricted furKls of the c*arity c(xnfv the unexperKled balarths of donatkns and grants are not subject trj specific conditions by donors and grantors as to how they may b8 used. These includ8 designatsd funds whith have been set asid8 out of unrgStrIc funds by the tru8teas for 8peofic purpos88. At 1 Aprll Incomlng Re8ourc•s Galns and At 31 March 2024 Gèneral funds 3x205 474335 (571.842) {88) 296,610 Provlous yoar: At 1 Aprfl Incomlng R•sourc8s Galn• and At 31 March 2023 Géneral fund8 375,479 527.835 (509.109> 394,205 19 Re•trlct•d fund• The restricted fund8 of the charity comprise the uneynded bglances of th)natbns and grants held on trust subl8Ct to specific cond[Uo by donorn a8 to may be u88d. At 1 Aprll Incomlno R••oure•• G•ln• and At 31 March 2024 Id8h Ald, Department of Forelgn Affalrs and Trado Other Restricted Grants Hilton Foundation Summ8rhlll Foundation Jame8 Percy FOurK1aon Apex Communlty Nl Foundation Dornlnic FHzpatdd( st James Place Willlam Cadbury The Ir8land Fund8 Amarica Rockhill & Alshling Hollday Parks Hugo Trust Glenhill Merchants Sall Around Ir8lar# 46,806 365.748 (412.534) 409.414 376.162 (285.060) 485A46 980.342 (1,176.679) 86389 100.000 (69,381) 287,859 (201,041) 15.000 500,516 324,308 116,908 88,507 15.798 (167) 35,199 (1,788) (24.545) (24,660) (7.889) 25.0(10 24,660 4,517 6.OTT (5,000) (6,077) 2.000 975 7A91 (lO.S} 1138,434 (2.225,154) 35,199 1.066,000
CHILDREN IN CROSSFIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Rmtrlctsd fund• {Contlnu•d) Provlou8 yoar. At 1 Aprfl Incomlng Rejou Galn8 and At 31 March 2023 Irish d. Department of Forelgn Affalrs and Trade Other Restrlct8d Grants Hllton Foundation Summerhlll FoUndaon The 88ttepHay Foundatlon Apex St James PI8C8 Wllliam Cadbury The Ireland Funds Amèrf¢a James Percy FOUndaOn Llfe Unlvor81ty Hugo Trust Rockhlll & Ai8hllng Hollday Parks Communlty Nl Foundatlon Dominic Fltzpatrlck Sail Around Iraland Van Oord Supwt S8ces 188.110 458,279 313.102 110.LKK) 569.511 281,326 995.589 1(K),C 4.512 (710,815) {330.192) {823,245) (123,711) (37.998) (20,1)001 (44,4571 (19.608) 409,413 485,446 86,289 69,117 27.497 24,660 7,889 112.141 (110.452) (1,332) (16.241) 1.689 22.318 6,077 5,471 (10.000) (3,060> (20,000) 4,517 1,602 25,OLN) 7.491 25.000 7,491 20,977 120.977) 1,264,016 2,145,$93 (2.292.088) 1.117,521
CHILDREN IN CROSSFIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 19 R8•trlet•d fund• (Contlnued) Naiur• of materlal restrlct•d funds 1rf8h Ald. Doparlmont of For•lgn Affalrs and Trad• Thls project supports kwe-rnary education programm88 In Tanzania, tsrg8tlng malnly children aged between 34 in thrn8 ragions ofTanzanla. Awx Thls prol8Ct supports the con8tru(Xlon of ¢laBBrom In Tanzanla. Hlfton Foundatlon This pmlect strongth6n8 tho cwadty of CMI 8ocknty to adKKate for & monitor mulb8ectoral ECD program8 & pollcles in Tanzanla 8ummerhlll Foundatlon This projéct supporL8 young chlldren in uthn Dar E8 Salaarn acc489 qualty 8arly 8duc8t St Jam08 Pl•c• This prol8ct 8UPFK)rt8 the Integrated SdK)ol Readlne88 programm8 in Ethlopla. Illam Cadbury Thls project supp)rts educatlonal knter¥enthTh acr088 , and communlty In Irgland to achlevo Chlldren In Cro88fir8'8 Strategic goal of Increa8ed oJttiv8tlon of gkjbfil cltizerohTrp fostered acr088 th8 Island of Ireland. The Ireland Funds Am•rl¢• This project supports 8ducatlonal Int8rv8nllon8 8CTO88 8choo18. yth and c)mmunty In lrnland to achlovo Chlldren In Crossfir8'8 8tr818glc goal of Increa8ed uJltlv8tlon of global citsn8hlp fostered acro88 thg Island of IreLqnd. Jam•• Percy Foundallon Th18 grant provldes funLlno to 8eAl8 up P18-Prtmary In th8 Dodm rnglon In Tanzanla. Van Oord 8upport 8ervlc•• Thi8 grant provld88 fundlng to fadltate Chlldren In Crossfir88 ongolng charttabl8 obl8ctlva8. othar mtrlctod grant• other reslricted grants represents various donor5 providing funding In futherance of Childron in Cros8firo'$ charitablg objectives of Earty Childho(Ml DeVelopnt ar Dovelopment Educatim and Public Engagement. 20 Analy818 of n•t a•••t• botwn fund• Unrn•trletad RtrIcted fund• fund• - 2024 2024 Total 2024 At 31 March 2024: Current 8888ts1(liabllltles) 2W610 1.066.000 1.362.610 296.610 1,066,000 1,362,610
CHILDREN IN CROSSFIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 20 Analys1$ of n•t a88•ts b•lwq•n fvnd (Contlnuad Total funds funds 2023 2023 At 31 March 2023: Current ass8ts1(Ilablles) 394,205 1,117,521 1,511,726 1.117,521 1.511,726 21 Flnanclal commlkn•nt•i guar•nt•M and contlng•nt Ilabllltle• Certaln grants and rneAlvth may be¢xxne repayabl8 to th8 furKlor ff th8 ch8rlty18 fK) longer abla to meet the conditions under vthith they wer8 awarded. Due to th6 nature of these ¢tingencieS li may not be PO88lble to quanufy the polentlal finandal effect or give an Indication of ts tlmlng as to thg Ilabllltles that may arlse. 22 Ev•nts aftor tho r•portkng dat• Th8re have b88n no 8lgnMc8nt event8 affèctFrq the tharlty the reportlng dats. 23 R•latsd party transactlon• There vMre no dl8ck)8ablo related party tran8acllon8 durlng tho y8ar (2023- rnno). 24 Ca•h g•n•rat•d from op•r•tlon• 2024 2023 Defidt for the year (184,227) (127,769> AdJu8tments for. Inv08tmenl Income re(x)gnt8ed In ststement of Ilnandal actl¥ltles Foreign exchange d6fferenc8 (2,1201 35.111 MoVeMt8 in worldng cApilal: De(xease in debtors (Decrnaselhncrea8e In credlto 243,559 (7A31) 69,150 7,184 Ca•h gonorat•d froml(abAofb•d by) owratlon• 85,287 (53.5551 25 Anatysl• of changm In n•t fund• The charlty had no matsrlal debt durlrKJ the swr.