2023-12-31-accounts

The Cathedral Church of Christ the Redeemer Dromore Annual Report and Financlal Statements For the year ended 31st December 2023 Northern Ireland Charities Number: 101679

The Cathedral Church of Christ the Redeemer Dromore Contents Page Trustees, Annual Report Independent Examiner's Report to the Trustees Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-15

The Cathedral Church of Christ the Redeemer Dromore References and Administrative Details- Year ended 31st December 2023 Charity Name: The Cathedral Church of Christ the Redeemer Dromore Charity Registration Number: NIC101679 Contact Address: Cathedral Office 30 Church Street Dromore Co. Down BT25 IA4 Trustees Very Revd Geoff Wilson Revd Trevor James McKeown Mr William Forsythe Miss Mary Ann Mcmurrav Mr Samuel Newell Mr Robert Ashely Silcock Mr Scott Macke Mrs Leanne R Teggart Mr Andrew Carson Mr Samuel Paul Cochrane Mr Andrew Robert Cuthbert Mrs Evelyn Joanne Silcock Mrs Rebekah Davidson Mr lan Purdy Mrs Susan Jane Russell Mr lan Cardy {Resigned April 23) Mr Dennis Grady (Resigned A ril 23) Mrs Hilary Margaret Purdy Mr Nicholas Davis (Appointed April 23) Andrew McNeill (Appointed April 23) Prlncipal Offlce-bearers Very Revd Geoff Wilson - Rector & Dean Mrs Rebekah Davidson- Honorary Secretary Mr Samuel Paul Cochrane- Honorary Treasurer Mr Nicholas Davis- Rector'5 Church Warden Mr Scott Mackey- People's Church Warden Independent Exarnlner Mr Thoma5 Vint, F.C.C.A. S M Vint & Company Chartered Certified Accountants 8 Newry Road Banbridge Co Down BT32 3HN Bankers Danske Bank 45-48 High Street Portadown Craigavon Co Armagh BT62 ILB

The Cathedral Church of Christ the Redeemer, Dromore Trustee< Annual Report for the year ended 315t December 2023 The Trustees present the Annual Report and Statements of Receipts and Payments and Assets and Liabilities for The Cathedral Church of Christ the Redeemer, Dromore for the year ended 31" De￿mber 2023. Objectives and Activities (the wording supplied for Charitable Objertives ond Activities were approved by Generolsynod in 2015.) The charitsble purpose of the Church of Ireland is the advancement of religion. The prfncipal fvnction of The Cathedral Church of Christ the Redeemer. Dromore is to SUPPOrt the advancement of the Christian religion by promoting, through the work of The Cathedral Church of Christ the Redeemer, Dromore the whole mission of the Church. pastoral. evangelistic, social and ecumenical. Being open to and engaging with society as a whole and offering support for those needing help are fundamental to the practical delivery of the benefits of Christianity. As a result of activity in the pursuit of the adVan￿rnent of the Christian ￿lIgIOn, The Cathedral Church of Christ the Redeemer. Dromore has custody of property and of records. materials and artefacts of Sl8nificance to the cultural and religious heritage and maintenance of which is undertaken by the Select Vestry of The Cathedral Church of Christ the Redeemer, Dromore. Achievements. Performance & Public Benefft During the reporting period. No.32 Church StreeL the neighbouring property to the Clayton Memorial Hall, was purchased and the front fa[ade painted. This has secured the boundary of church properties situated next to No.32. The exterior of the Rectory was painted in order to improve the appearan￿ of the property and make it more watertight. The Cathedral Church of Christ the Redeemer is situated in the heart of the town of Dromore and seeks. through all of its activities. to have the town of Dromore, and its inhabitants. at its heart. Principally, this has been achieved under the following headings: Pastoral Care The pmvision of funeral serVI￿S for those who have been bereaved. The ladies of the Parish provide funeral teas when requested by bereaved families. The delivery of pastoral support for tho* who have been identtfied as in need or have presented themsefves as being in need of pastoral support. A structured model of visitation to those with more acute needs continued during the reporting period. Staffing During the reporting period, our Sexton left on 6th January 2023 and a new Sexton was appointed on ioth May 2023. A new Organist was appointed on l October 2023. Page l of 6

Trustee￿ Annual Report for the year ended 31 D￿mber 2023 (continued) Worship Services Regular Sunday services were held at 8.30am, 10.OOarn. 11.30am and 6.OOprn. Servios were also held on Ash Wednesday, Wednesday evenings throughout the season of Lent and each evening in Holy Week. A monthly service in the Mountvale Nursing Home. was hekl on the first Thursday of each month for the benefit of all residents and their family member5. During the reporting period, a monthly service on the first Friday of each month was commenced in the Beeches Fold for the benefit of the residents. In addition to the foregoing, a number of more occasional Servi￿S were hosted. namely a service of Installation of new Archdeacon to the Cathedral Chapter, Thanksgiving Service celebrating the 80 anniversary of the Girlg Brigade and Community Carol Se[vi￿. A'Big Sinl Service of music themed on kingship and a Garden Party We￿ held to celebrate the Coronation of King Charle5. During the ￿porting period, a service of Praise. Prayer & Testimony was held on the 1st Sunday evening of each month. something which has been a great source of encouragement and blessing to all in attendance. SeThices for Children and Young People The Parish provides weekly instruction in the Christian faith through the provision of Sunday School and Girls, Brigade. Both groups are open to the whole community. Sunday School meeting on a Sunday morning during the 10.00am seniice and Girls. Brigade meeting on a Tuesday evening. A Holiday Bible Club was held for a week in August for children of primary school age. PULSE- A Youth Fellowship for teenagers. from both the church and community, met on a Sunday evening. Blble Study On a monthly basis, a Parish Bible Study enabled participants to learn rnore about the Christian faith and assisted them in their personal development. Life Group During the year, a morning Life Group was held where adults were able to consider the Chrtstian faith. through a variety of material. Grace Course A rnorning and evening Grace course was held during the reporting period, with opportunities for the wider community to deepen the Christian faith. Page2 of 6

Trustee￿ Annual Report for the year ended 31 December 2023 (continued) Prayer Course A morning and evening Prayer course was held durin8 the reporting period where people could grow and deepen in their prayer lives. Men United A Men's Group was established for men of all ages within the Church to meet monthly for fellowship. Motherg Unlon, MATCH. JOY, Craft Class and Hlstory Reading Group These groups continued to meet during the reporting period. Outreach and Mission During the year. the Parish furthered the social aspect of the Gospel through support, both financial and practical. for the work of other Christian agencies. namely Wia Wing5 and Youth for Christ In Dromore and our link Diocese of Maridi in South Sudan. Throughout the season of Lent, parishioners were encouraged, thmugh the "Jar of Gra￿, to give. pause and pray; the prooeds of the Jar of Gra￿ were forwarded to the Diocese of Mandi to support the work and ministry of Bethsaida Clinic through the provision of basic equipment. Additionally. substantial financial support was given to the Diocese of Mandi in South Sudan as they responded to the pandemic in their context with very limited resources. SOMA Mission - During the reporting period a weekend of Mission was held with various activities and services to present the gospel to attendees. These attivities were facilitated by an international organisation called SOMA (Sharing of Ministries Abmad). Support for other Charitles In September, the Partsh hosted a coffee morning in aid of Macmillan Cancer Support. On Saturday 30th September 2023. the Dean was accompanied by ten other parishioners on a sponsored cycle from Drornore to Newry in support of the work of Southern Area Hospi￿. Newry. On Friday 9th December 2023. the Dean led a sit-oirt in the town in aid of the work of the Southem Area Hospi￿, Newry. On Sunday 10th De￿mber 2023. the Cathedral hosted a community Carol Service with singers from all of the schools in the town participatin8 as well as the Parish Choir and SOMA. The offering received at this service was given to the work of the Southern Area Hospice. Newry. Ukrainian Refugee Famity The Cathedral Church family continued to provide a range of practical, financial and emotional support to the family who came from Ukraine to Dromore in November 2022. Page 3 of 6

Trustee< Annual Report for the year ended 31st December 2023 (continued) The Dignity of the Person Through everything the Parish is involved in and delivers, the dEnity of each indrvidual is recognised and respected. This is specifically upheld through the Church'sSafeguardingTrust Policy and the provision of an environment which reflect5 each person's value in God's sight. Cathedral Open Days The opening of our historic Cathedral to anyone in the communty during July, August and Decemberdid not resume durin8 the reporting period. Compllance with Publlc Benefit The Parish has given careful consideration to the Charity Commission for Northern I￿land'S guidance on public benefitto ensure that the activitie5 entered into during the year have helped to achieve the Parish's objectNes and activities, as well as providing public benefit. Financlal Review General Account. The main sources of income are derived from General and Freewill Offertories, Ha￿est Gift Day and Gift Aid Tax Refunds. The total of these decreased by 4.34% overthe previous year. Overall Cash Position. The Church has a number of Bank Accounts with an aggregate credit balan￿ atthe end of the year. Cash Reserves Policy The Tru5tees' policy relating to cash reseNes is that sufficient funds should be held in reseNe to finance foreseeable Capital and Ministry projects. Going Concern The Trustees have reviewed the budgets forthe year ahead and are satisfied that there are adequate fund5 in place to ensure thatthe Parish can continue its activities and the Financial Statementsforthe yearended 31st December 2023 can be signed off as a going concern. Structure, Governance and Management Governlng Document and Constftutlon of the Charlty Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Page4of 6

Trusteeg Annual Report for the year ended 31st December 20231continued Recruitment and Appointrnent of Selert Vestry (Trustees) All members of the Church of Ireland who are over the age of 18 and are either resident within the Parish or live elsewhere but have been accustomed members of the congregation for at least three months, may register as members of the General Vestry of the Parish, allowing them to attend and vote at meetings of the General Vestry and to stand for election to the Select Vestry- Meetings of the General Vestry are held at least once a year. The Select Vestry is elected as part of this General Vestry meeting. The Select Vestry will hold their positions for a period of one year. Select Vestry members may be re-elected annualty and there is no lirnit on the number of tenns which may be served. Pay and Rémuneration The Trustees confirm that the Incumbent is paid directly by the Parish and receives Stipend, Locomotory Expenses and Office Allowance in accordan￿ with the figures approved by the General Synod of the Church of Ireland. The Curate A55iStant receives payment in accordance with the rates approved by the Diocesan Council. ooanisational Stlurture The Selert Vestry is responsible for the day-to-day management of the Parish. The Select Vesty consists of the member of the Clergy serving in the Parish, the Curate Assistant, the Church Wardens, the Glebe Wardens and generally not more than twelve other members of the General Vestry elected at the General Vestry. The Select Vestry is chaired by the Incumbent or other member of the Clergy officiating in the Parish. Select Vestry members are ￿spOnsible for making decisions on matters of general concern and importan to the Parish including deciding how Parish funds are to be applied. The Select Vestry meets at time5 fixed by the members. Special meetings may be convened at any time by the Chairperson or the Church Wardens subject to adequate notice being given. In 2023 the Select Vestry met 11 times during the year and the average attendance was 86%. Stateffient of TruStÈéS' Rèsponsibilities The Trustees are responsible for preparing the Trustee< Report and the Statement of Receipts and Payments and Statement of A55ets and Ltabilities in accordance with applicable law and regulations. The law applicable to Charities in Northern Ireland with Income of less than £250,0(X) requires the Trustees to prepare a Statement of Income and Expenditure and a Statement of Assets and Liabilities for each financial year. The Trustees are ￿sponsible for keeping accounting records that are sufficient to show and explain the Parish's transactions and disclose with reasonable accuracy at any time the Assets and Liabilities of the Parish. They are also responsible ft)r safeguarding the Assets of the Parish and hence for taking reasonable Steps for the prevention and detection of fraud and other irregularities. Page 5 of 6

Trusteeg Annual Report for the year ended 31st December 2023 {continued) Independent Examlner The Independent Examiner. S M Vint & Co, have indicated their willingness to continue in offi￿. and a resolution Con￿rning their re-appointment was passed at the Annual General Vestry Meeting. Signed on Behalf of the Trustees Very Revd S G Wilson Mr S P Cochrane Dats: 19 August 2024 Page 6 of 6

Independent Examiner's Report to the Trustees of The Cathedral Church of Christ the Redeemer Dromore I report on the accounts of the charity forthe year ended 31st December 2023 which are set out on pages 8 to 15. Respectlve responslbllltles of Trustees and Examlner As the charitvs trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008, It is my responsibility to: examine the accounts under settion 65 of the Charities Art; • follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 6519}Ibl of the Charities Act; and state whether particular matters have come to my attention. Basis of Independent Examiner's report I have examined your charity accounts as required under settion 65 of the Charities Act and my examlnation was carried out in accordance with the general Directlons given by the Charity Commlssion for Northern Ireland under section 65{9)Ibl of the Charlties Act. My examination included a review of the accounting records kept by the charity and a compari50n of the accounts presented with those records. It also included consideration of any unusual Items or disclosures in the accounts, and seeking explanations fiom you as charity trustees concerning any such matters. My role is to state whether any materlal matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters111 to141 listed above and. in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Mr Thomas Vlnt F.C.CA For and behalf of S.M. Vlnt & Co Chartered Certlfled Accountants & Re8iStered Audltors 8 Newry Road Banbridge BT32 3HN 19th Au8USt 2024

The Cathedral Church of Christ the Redeemer Dromore Statement of Financlal Actlvities for the year ended 3tst December 2023 Unrestricted funds Restrl¢ted funds Prior year total fund5 Note Total funds Income and endowments from: Donations and legacies Income from charitable activities Investments Other income Total Income 188,001 3,539 45 34,877 226,462 2,394 4,850 1,556 190,395 8,389 1,601 34,877 235,262 185,383 10,890 1,597 32.721 230,591 8,800 Expendlture on: Raising Funds Charitsble Activities Total expenditure Net Income / (expenditure) resources beft>re transfer 9,335 215,852 225,187 1.275 240 8,033 8,273 527 9,575 223,885 233,460 1,802 9,761 226,006 235,767 -5.176 Transfers Gross transfers between funds- in Gross transfers between funds- out 277 277 -577 1.602 -1,902 -577 Other recognlsed galnsllosses Gains I losses on investment assets Gains on revaluat5on. fixed assets, charity's own use Net movement In funds 1,552 -50 1,502 -5,476 Reconctliatlon of funds Total funds brought forward Reserve Movement Total funds carried forward 1,053.655 21.466 1,075,121 1,080,597 17 1,055,207 21,416 1,076,623 1,075,121

The Cathedral Church of Christ the Redeemer Dromore Statement of Financial Position / (Balance Sheet) a5 at 31st December 2023 Note As at 3111212023 As at 31IIV2022 Flxed assets Tangible assets Investments 13 14 936,790 31,360 968,150 889,290 31,360 920.650 Current Assets Cash at bank and in hand 161,661 161,661 221,240 221,240 Llabllities Creditors: Amountsfalllng due in one year 15 53,188 66,769 Net current assets 108.473 154.471 Totsl assets less ¢urrent liabilities 1,076,623 1.075,121 Total net assets less liabilities 1,076,623 1,075,121 Represented bv Unrestricted funds 16 1.055,207 1,053.655 Restricted fund5 16 21,416 21.466 Totsl Funds of the Parish 1,076,623 1,075,121 Notes on pages 10 to 15 are an integral part of these financial statements. The financial statements on pages 8 to 9 were approved by the Board of Trustees on 19th August 2024 and slgned on its behalf by: Very Rerfd Geoff Wilson- Rector Mr Samuel Paul Cochrane- Hon. Treasurer

The Cathedral Church of Christ the Redeemer Dromore Notes to the financial statements for the year ended 31 December 2023 l. Accountlng pollcles The principal accounting policies adopted, ludgements and key sources of estimation uncertainty in the preparation of the flnancial statements are as follows: a) Basls of preparatlon The financial statements have been prepared on a going concern basis in accordance wtth Accounting and Reporting by Charities: Statement of Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable itt the UK and Republic of Ireland (FRS 1021- ICharitie5 SORP IFRS 1021), the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). The Parish meets the definition of a public benefit entity under FRS 102. Assets and liabilitie5 are inltially recognised at historical c05t and transaction value unless otherwise stared in the relevant accounting policy notels). b) Preparation of accounts on a goln8 concern basi5 The Parish generally meets its day to doy working capital requirements from its annual income. The Trustees have obtained and reviewed cash flow forecasts for the coming year and based on these are satisfied that the Parish has resources to provide a reasonable expettation that it can continue to meet its financial obligations as they fall due for the foreseeable future. Therefore these financial statements have been prepared on a going concern basis c) Income Income is accounted for on a cash receipts ba515 as the amount is collected and are allocated as either restrlcted or unrestricted funds according to the terms of the donation. d) Expenditure Expenditure 15 recognised on a cash payments basis. e) Tangible assets The assets of the Parish comprise-_ Cathedral Buildlng and Grounds • Parish Halls . Rettory Curatage The Church Building and Grounds are deemed to be Heritsge assets as defined by the Charities SORP IFRS1021. These Heritage assets are not included on the balance sheet as information on the cost or valuation is not available and such information cannot be obtsined at a cost commensurate with the benefit to the users of the accounts and to the parish. The assets. residual value5 and useful lives are reviewed. and adjusted, if appropriate. at the end of each reporting period. The effect of any change is accounted for prospettively. Fixtures and Fittings are recognised at cost and are depreciated on a straight line basis over a period of 10 years. Tangible assets are derecognised on disposal or when no future economic benefrts are experted. On disposal. the difference between the new disposal proceeds and the carrying amount is recognised in the statement of financial acttvities and included in 'Other operating Ilosses)/gain5'. fj Investments Fixed asset Investments comprising investment propertie5, investments in equities and investment in RCB/CIT Unit Trusts are initially recorded at cost and are then subsequently stated at falr value at each balance sheet date. Investments in unquoted investments are recorded at cost and are assessed annually for impairment. Unreali5ed gains and losses represent the difference between the fair value at the beginning and end of the financial year or. if purchased in the year, the difference between cost and fair value at the end of the year. Realised gains and10sses represent the difference between the proceeds on disposal and the fair value at the start of the year or cost if purchased In the year. Both realised and unrealised gains and losses in investments are reported within "Net Gains / ILosses} on Investments" withln the Statement of Flnancial Artlvitles. io

8) Cash and cash equivalents Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within Creditors Amounts falling due within l year. h) Flnanclal Instruments The Parish only has financial a55ets and financial liabilities of a kind that qualify a5 basic financial instruments. Basic financial instruments are inltlally recognlsed at transaction price and subsequently measured at their settlement value. l) Funds Funds are classified as either restricted funds or unrestricted funds. defined as follows.. Restricted funds are funds subjett to specific requirements as to their use which may be declared by the donor or with their authority or created through le83[ processes, but still within the wider object5 of the Parish. Unre5trirted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestritted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation ha5 an administrative purpose only and does not legally restrict the trustees, discretion to apply the fund. 2. Crltlcal a¢countln8 Judgements and estlmatlon uncertalnty Estlmates and judgments made in the process of preparing the flnanclal statements are continLtallv evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Trustees do not consider that there are any critical judgments made In applylng the Parlsh's accountlng pollcles or that there are any critical accounting estimates or assumptlons whlch may have a significant risk of causing a material adjustment to carrying amounts of assets and liabilities within the next financial year. 3. Donations and legacies Unrestrlrted Restrirted Total 2023 Total 2022 FWO Plate collectlons Tax Recovered on Donations Special Appeals Donatlofis Mlsslons 114,898 9,169 24.635 32,771 4,581 1,947 188,001 1,340 116,238 9.169 25.150 33,010 4,881 1,947 190,395 116.708 4.748 36,957 22,036 2,531 2.403 185.383 515 239 300 2,394 4. Income from Charltable Artivities Unrestrirted Restricted Total 2023 Total 2022 Special Fund Raising Publications Weddings & Funerals 474 590 2.475 3.539 3.6S5 4,129 590 3,670 8,389 4,505 410 5,975 10,890 1.195 4,850 S. Investments Unrestricted Restrirted Totsl 2023 Totsl 2022 Bank Interest Dlvidends Recelved li 1,545 1,556 li 1,590 1,601 45 45 1,593 1,597 li

1. Other Income Unrestricted Restrirted Total 2023 Total 2022 Rentsl Curatage RCB kheme Income Use of premises Employment Allowance Ardbarmn Trust RBP Parade- Car Parking Recycllng Clothe5 Bequest- Grave Upkeep Electricity Energy Support Sabbactical Leave Fund Grant PEW Cushlons HMRC. Statutory Sick Pay (Covld) RCB Covid Recovery Grant National Churches Trust Grant Col Grant for Children's Mlnlstrv 6,900 589 7,268 5,317 8.000 1.000 338 loo 1,800 1,500 2.065 6,900 589 7,268 5,317 8.fyjo 6.204 564 6,265 5,122 338 1.800 1.5(M) 2.065 96 1.510 12.760 200 32.721 34.877 34,877
2. Anatysl$ of Expendlture Unrestrlcted Restrirted T¢)tal 2023 Totsl 2022 Raising Funds Fundraising costs Office Costs Bank Fees Bank interest 216 216 8,659 7￿) 8,659 676 8,260 657 24 9,335 9,575 9,761 Charltable Artlvlties Wages and salaries Diocesan Costs l Assessment Cathedral Running Costs Hall Costs Grounds- Maintenance Rectory Costs Curatage Costs Rates Girls Brigade Expenses Children & Young People Charitable Donations Missions Disbursement of Ardbarron Trust Funds Administration costs 116,673 12,276 21.094 13.044 loo 7.656 335 4.090 116,673 12,276 21.178 13,044 loo 7.656 335 4,090 4.769 386 27.438 1,947 8.000 5,993 223,885 114,459 11,784 41,725 9,551 13.470 550 3.139 2.996 410 17.496 2,403 4.769 386 1.442 25.996 1947 4.641 215.852 1.352 8,033 8,023 226,1J)6 Total Expendtture 225,187 8,273 233,460 235,767
3. Gain I ILoss> on Investment Assets 2023 2022 Realised gains I (losses) on investments

4. Taxation The Cathedral Church of Christ the Redeemer Dromore Is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. 12

5. Collertions for Thlrd Partles 2023 2022 Macmillan coffee mornin8 Lower Iveagh LOL service Bishops, appeal - annual Women's World Day of Prayer Mothers, Union Oversea Fund Royal British Legion The Bible Society of Nl H&SENI - Farm Safe Service Commissioning of Lay Reader5 Bann District GB Service St John's Hospice, Newry The above amounts have been included in Recelpts for the year under third party appeals and in payments for the year under third party don*ions.

6. Analy515 of staff costs. trustee remuneration and expenses. and the Cost of key management personnel 2023 2022 Salaries & wages 116,673 114,459 The average number of employees during the year. calculated on the basis of a head count, was as follows: 2023 Number 2022 Number Ministerial support Adrninistratlon Muslc Staff Other staff There are no employees in receipt of employee benefits in excess of £60,000 Key Management and Trustees Key management are deemed to comprise the Trustees. The Parish paid expenses of £9,372 relatlng to the running costs of the Glebe House which Is occupied by the Rector. The Parish paid the Rector, who is also a Trustee, a stipend of £43,297, locomotory allowance of £7,1)00 and o￿lCe allowance of £800. The Curate Assistant, who is also a Trustee, was paid pastoral fees of £10,129 and motor expenses of £2,109. No trustee received any remuneration or reimbursement of expenses during the year. No trustee or a person related to a trustee had any personal interest in any contract or transaction entered Into by the charity durin8 the year. 13

7. Governance Costs Governance costs of £1.200 were incurred during the year of which £1,200 relates to fees paid to the independent examiner. Governance costs are included within Administration costs in the Receipts and Payments Accounts.

8. Tan8ible fixed assets Bulldings Equipment Total Cost At the beginning of the year Additions Disposals At the end of the year 889.290 47.500 889.290 47.500 936,790 936,790
9. Investments listed Imiestments Non Listed Investments Total Balance at the beginning of the year Revaluations during the year Disposals during the year Balance at the end of the year 31.360 31,360 31,360 31.360
10. Creditors Amounts Due withln l Year 2023 2022 Bank overdrafts Accrual 53,188 66,769

11. Analysis of Net Assets Among Funds Restrlcted General Fund Funds 936,790 31,360 140,245 53,188 1,055,207 Totsl Flxed assets Investments Current Assets Current Liabilities Net Assets at 31 Dec 2023 936.790 31,360 161.661 53.188 1,076,623 21,416 21,416 14

12. Reserve Movement RÈstrirted General Fund Funds 1,053.655 1,552 Totsl Openlng Balance Net movement in funds Prior Year Adjustment 21,466 -50 1.075.121 1,502 Net Assets at 31 Dec 2023 1,055,207 21,416 1,076.623 15