SKAINOS LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Statsment of trustèès responsibiliti8s The trustees. who are also the directors of Skainos Limited for the purpose of company law, are responsible lor preparing the Trustees Report and the financlal statements in accordance with appllcable law and United Klngdom Accountlng Stsndards (Unlted Klngdom Generally Accepted Accounting Praclice). Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair vlew of the state of affairs of the company and of the incomlng resources and application of resources, includlng the Income and expenditure, of th¢ chantable company for that year. In pParfng these financial statements, the trustees are required to: select suitable accounllng policies and then appty them consistentty., - obsep48 the methods and princlple8 in the Charitie8 SORP., - make judgements and estimate8 that are reasonable and prudent: and prepare the fin8nclal statements on the golng concern basls unless It 1$ Inappropriate to presume that the company wlll contlnue in operatlon. The trustees are responslble for keeping adequate accounting records that disclose with reasonable accuracy at any tlme the financial position of the company and enable them to 8nsure that the financial statements comply with the Comp8nies Act 2006. They are also responsible for Safeguarding the assets of the company and hence for tsking reasonable steps for the prevention and deledlon of fraud and other irregularities. Audltor In accordance with the company's artlcles, a resolution proposing that Ml8campbell & Co be reappointed a$ audltor of the company will be put at a General Meeting. Dlsclosuro of Informatlon to audltor Each of the trustees has confimied that there is no Infomation of which they are aware which Is relevant to the audit, but of which the auditor is unaware. They have further conflmied that they have taken appropriate steps to Identify guth relevant informatlon and to 8Stabll8h that the auditor is awar8 of such Information. The trustees report w88 approved by the Board of Trustees. Dr T D Dobbln CBE Trusteg 10 September 2024
SKAINOS LIMITED BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Fixed assèts ' Tanglble assets 11 8,912.641 9.226,122 Currnnt assots Debtors Cash at bank and In hand 12 136,983 78,252 43.021 78,481 215,235 119,502 Crndltor&: amounts falllng du8 wlthln one year 14 (224.877) (125,184) N•t curront Ilabllltl88 (9,642) (5,662) Total as80ts1oss currant Ilabilltl•* 8,902.999 9,220,460 Credltorn: amounts falling du8 after mora than one year 16 154,003) (85.825) Net a8Sots excludlng penslon Ilabillty 8,848,996 9.154,635 Net a8Jot3 8,848,996 9,154,835 The funds of the company Restrlcied Income funds Unrestrlcted fvjnds 14,927,494 (6,078,498) 14,917,994 (5,763.359) 8,848,996 9.154,635 The flnanclal $tstements were approved by the trustees on 10 September 2024 Dr T D Dobbln CBE Trustee Company reglstratlon number N1053673 (Northem Ireland)