C03 CHEF OFFICERS THIRD SECTOR
IA COMPANY UMITED BY GUARANTEEI
FINANCIAL STATEMENTS
EYEAR EN
ARC
202
FORT
CONSOLIDATED STATEMENT OF FINANCIAL ACTNMES IINCORPORATING THE INCOME
AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 AIARCH 2024
2024
Notes Unrestricted Restricted
Funds
Funds
2023
Unrestricted Re5tri¢ted
Funds
Funds
Total
Total
Income and
endowments from".
DonatK)ns and legacies
Charitsble Activities
Other Trading Activities
292.712
109.718
256,463 549, 175
109,718
277,019
147,830
120.247 397,266
147,830
Totsl
402.430
256,463 658.893
424.849
120,247 545,096
Expenditure on:
Charitable Activities
Other Trading Actr¥ities
294.080
88,447
196.579 49D.659
88,447
300.217
89,586
148,156 448,373
89,586
Total
382,527
196,579 579.1t
389,803
148.156 537,959
Net Incomelloutgolng)
19,903
59.884
79,787
35,046 (27,909)
7,137
Transfers
Net movement In funds
19.903
59,884 79.787
35,046
(27,909)
7,137
Reconcillation of funds
Total funds brought
forward
268.246
33.224 301.470
233,200
61.133 294.333
Total funds carried
forward
288, 149
93.708 381.257
268,246 33,224
301,470
The statement of financial acts'vities indudes all gains and losses recognised in the year.
All income and exFEndItU￿ derive from Continui￿ actrrfities.
The notes on pages 21 to 31 fom part of these accounts.
16

COJ CHIEF OFFICERS THIRD SECTOR
IA COMPANY LIMITED 8Y GUARANTEE)
FINANCIAL STATEMENTS
E14DE0 3.1 MARCH X124
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOIIJE AND EXPENDITURE
ACCOUNT) OF THE CHARITY ALONE
FOR THE YEAR ENDED 31 AIARCH 2024
2024
Notes un￿StrICted Restn"cted
Funds
Funds
2023
Unrestricted Restn'cted
Funds
Funds
Total
Total
Income and
endowments from:
Donations and legaaes
Charitsble Activities
Other Trading Activities
21.271
292,712
21.271
256.463 549,175
58.244
277,019
58.244
120,247 397,266
Tolal
313,983
256.463 570.446
335,263
120.247 455.510
Expendlture on:
Charitable Activities
294.080
196.579 490,659
300.217
148,156 448,373
Total
294.080
196,579 490.659
300,217
148,156 448.373
Net Incom￿(Outgolngl
19,903
59,884 79,787
35,046
(27,909)
7.137
Transfers
Net movèment in funds
19,903
59.884
79,787
35,046
(27,909
7.137
Reconciliation ot funds
Total funds brought
forward
268.246
33,224 301,470
233,200
61,133 294,333
Total funds carrfed
forwafd
288.149
93,108 381,257
268,246
33.224 301.470
The statement of financial actiwtss includes all gains and k)sses recognised in the year:
All income and expendrture derive from conb"nuing activities.
The notes on pages 21 to 31 forni part of these accounts.
17

C03 CHIEF OFFICERS THIRD SECTOR
IA COIIPANY UMITED BY GUARAPITEe)
FINANCIAL STATEMENTS
"£NOED
CONSOLIDATED BALANCE SHEET
AS Af31 MARCH 2024
2024
2023
Fix•d assets
Tangible assets
351
875
Current assets
Debtors
Cash at bank and in hand
10
76,257
53,515
338.760
392,275
440,060
Credttots: amounts falling due within one year
11
91.680
Net current assets
380,906
300.595
Total assets 106s current liabilities
381.257
301470
Funds
Restricted funds
Unrestricted Funds - General
UnrestrKted Funds - Designated
12
13
13
93,108
288,389
240
33,224
274,627
6,381
Tot•1 funds
381257
301.470
These financial statements have been prepared in accordan￿ with the p
companies. The financial statements were approved by the dKe£tots on .
ion
applicable to small
Mr Doclan Cunnane
Trustee
Date
Ms Ja¢lnta Linden
Tfustee
23Jivl2014
Date
Company regi•tratlon Trumber
N1037439
18

C03 CHIEF OFFICERS THIRD SECTOR
IA COMPANY LIMITED BY GUARANTEE)
FINANCIAL STATEMEPSIS
REND
1MAR
2024
OA.THE Y
The notes on pages 21 to 31 knm part of these accwnts.
CHARITY BALANCE SHEET
AS Ar￿ MARCH 2024
Notes
2024
2023
Fixed assets
Tangible assets
351
875
Current assets
Debtors
Cash at bank and in hand
10
164,328
268 283
432,611
171,472
202.099
373.571
Creditora: amounts falling due within on• year
11
Net current assets
380 906
Total assets loss current liablllties
381257
301,470
Funds
Restricted funds
Unrestricted Funds - General
Unrestricted Funds - Designated
12
13
13
93.108
288.389
240
33.224
274.627
TOL11 fund$
381257
301470
These financial statements have t)een p￿Pared in a¢cordanee with the pr
companies. The financial staternents were approved by the directors on .
io
pli¢able to small
Mr Declan Cunnane
Tfustee
Date
r.dL
Ms Jacinta Linden
Trustee
Date
C(*npany registration number
N1037439
The notes on pages 21 to 31 fomi part of ihese accounts.
19

C03 CHIEF OFFICERS THIRD SECTOR
IA COMPAtrV LIMITED BY GUAPANTEÈI
FINANCIAL STATEfyIENTS
DE
CONSOLIDATED STATEMENT OF CASH FLOWS
2024
2023.
Noles
Cash flows from operating
actlvities
Cash generated from
operations
17
Investing a¢tivltles
Purchase of tangible fixed
assets
Net cash (used invgenerated
from Inv•stlng xllvfties
Net cash used in financing
act•vftles
Net In¢reasel{decrease) In
cash and cash equivalents
25,043
{118,999)
Cash and cash eqU￿a￿nts of
beginning of year
219 761
Cash and cash equlvalents at
end of year
Relating to:
Bank balances and short tem
deposits
20

C03 CHIEF OFFICERS THIRD SECTOR
IA COMPANY UMITED BY GUARAhlTEEI
FINANCIAL STATEMENTS
YEAR ENDED 31
CH2
OR
NOTES TO THE ACCOUNTS
ACGOUNTING POLICIES
la) Accounting conventlon
These financial statements have been prepared under ihe historical cost convention and in
accordance with applicable accounts.ng stsndards, the Statement of Recommended Practice
(SORP) "Accounting and Reporting by Charities. effective January 2015 and FRS 102 'The
Financial Reporting Standard Applicable in the UK and Republic of Ireland" and the
Companies Ad 2006. The principal accounting poliues. judgments and key sour￿5 of
estimation uncertainty are set out bel(M.
The directors consider that these accounting policies are suitable. have been consistently
applied and are supported by reasonable and wudent Judgement and estimates.
Group financial $t•tem•nts
These financial statements consolidate the results of the Charrty and the trading company
C03 Enterprises Ltd on a line-by-line basis. A separate Statement of Financial Activities
and Income and Expenditure knunts for the Charty alone has been presented on page
19.
(b) Preparation of accounts on a going concern basls
The trustees have prepared budgets and cash flows for a penod of at least twelve months
from the date of the approval of the financial ststements. Having considered the
circumstances, the trustees consrder it appropriate to Prepa￿ the financial statements on a
going con￿rn basis. Accordingly, these financial ststements do not include any adjuslments
to the carying amounts and classification of assets and liabilities that may arise if the
company is unable to continue as a going concern.
(c) Income and endowments
Income is recognised in the period in which the charity s entiued to receipt and thè amount
can be measured with reasonable certainty. Income is deferred only when the charity has
to fulfil conditions before becoming entitled to it or where the donor has 5peafied that the
income is lo be expended in a future pericrfj.
Grants, including caprtal grants. from the govemment and other agencies have been
included as income from activities in furtherance of the charity's objects where these amount
to a contract for services. but included as donations where the money is given in response
to an appeal or with greater freedom of use. for example. govemment block grants. Donated
facilities are included at the value to the Charity where this can be quantified and a third paty
is bearing the cost No arnounts are included in the financial statements for services donated
by volunteers.
(d) Expenditure
Expenditure is included in the StatenEnt of Financial Activities on an accruals basis,
exclusive of any VAT which can be recovered.
Certain expenditure is di￿tlY attributable to specific activities and has been included in
those cost categories. Certain other costs. which are attributsble to more than one activity.
are apportioned across cost categories the basis of an estimate of the proportion of time
spent by staff on those actNities.
21

COJ CHIEF OFFICERS THIRD SECTOA
(A COP41PAI4Y LIMITED 8Y GUARANTEEI
FINANCIAL STATEMENTS
E YEAR ENDED 31 MARCH
24
RT
NOTES TO THE ACCOUNTS (CONTINUED)
(e) Depreclatlon of Fixed assots
Tangible fixed assets are initialty valued at cost to acquire or construc( including costs
directty attributsble to bringing the asset into working condition for its inlended use, and net
of any VAT recoverable. At exh balance sheet date. the Carrying amounts of tangible
assets are reviewed to determine whether there is an indication that those assets have
suffered an impairment loss. Vthere the carrying value exceeds the estimated recoverable
amunt (being the greater of fair value less costs to sell and value-in-usel, an impairment
loss is reeognised by writing down the assets cash-generating unrts to their recoverable
amount. An impaimient loss is recognised immediately in the profit and loss Any reversal
of a previous impaimwit kjss is similarly recyy3nised imrnedÉately in the profit and loss.
Oepreciation on the assets of the company is provided on the cost Df the assets. calculated
at annual rates estimated to write off each asset over the term of its useful life. The rates in
use are as follows".
Fixtures, fittings and equipment
3 years Stra￿ht line
(f) Impairment of r￿ed assets
At each reporting end date, the group and the parent charitsble company review the carrying
arrKJunts of its tangible and intsngible assets to determine whether there is any indication
that those assets have suffered an impairment loss. If any such indication exists. the
recLJverable amount of the asset is estimated in order to determine the extent of the
impaimient loss (if any). Illhere it is not possible to estimate the recoverable amount of an
individual asset. the group and the parent charitsble company ests.mate the recoverable
amount of the cash-generating unit to which the asset bebngs.
Intangible assets with indefinite useful INes and intsngible assets not yet available for use
are tested for impairment annually. and whenever there is an indication that the asset may
be irnpaired.
Recoverable arrnunt is the higher of fair value less costs to sell and value in use. In
assessing value in use. the estimated future cash fl17+VS are discounted to their present value
using a pre-tax discount rate that reflects current market assessments of the time value of
money and the risks spectfic to the assel for which the estimates of future cash flows have
not been adjusted.
If the recoverab￿ arrK*unt of an asset (or CaSh￿enerating unit) is esbmated to be less than
its carrying amount. the carrying amount of the asset (or cash-generating unit) is reduced to
rts recoverable amount. An impaimient loss is recognised immediately in profit or loss.
unless the relevant asset is carried at a revalued amount. in whth case the imp.airmeDt Ioss
is treated as a revaluation decrease.
Recognised impairment losses are reversed rf. and onty rf. Ihe reasons for the impairment
loss have ceased to apply. ￿ere an impairment loss subsequently reverses, the carying
amount of the asset lor Cash￿enerating unit) is increased to the revised estimate of its
recoverable amount, bul so that the increased carrying amount does not ex￿ed the carying
amount that would have been detemined had no impairment loss been reeognised for the
asset (or cash-generating unit) prior years. A reversal of an impaimEnt loss is recognised
immediately in Pfofit or loss. unless the relevant asset is carried in at a revalued amount, in
which case the reversal of the irnpaim)enl loss is treated as a revaluation increase.
22

C03 CTrIIEF OFFICERS THIRD SECTOR
(A COMPANY UMITED BY GUAFIANTEEI
FINANc￿L STATEMENTS
E YEAR ENOED
OR T
NOTES TO THE ACCOUNTS (CONTINUED)
(g) Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks and other
short-terrn liquid investments with original maturibes of three months or less.
(h) Penslon Scheme
The company provides a defined contribution pension scheme. the assets of which are held
Separate￿ from those Of the company in an independently administered fund. Contributions
to this scheme are charged to the profft and loss aco)unt as they become payable.
(i) Fund accounting
Funds held by the charty are erther.
UnreStr￿ted general funds - thes8 are funds which can be used in accordan￿ with
the cttarrtable Otyects at the disuetion of the trnstees.
Designated funds - these are funds set aside by trE trustees out of unrestrrcted
general furmds for Speci￿ future purposes or prqects.
Restricted funds - these are fijnds that can only be used for paitular restricted
purpose5 Within the objects of the chanty. Restr￿tionS arise when specrfied by the
donor or when the funds are raised lor parb'cular restricted purposes.
Further explanatron of the natu￿ and purpose ol each fund is included in the notes to Ihe
financial statements.
ti) Flnancial as80ts
The group and the pa￿nt charitable ￿rnpanY have elected to apply the provisions of Section
11 '8asic Financial Instruments, and Sects'on 12'0ther Financial Instruments Issues. of FRS
102 to all of its financial instruments.
Financial assets are recognised in the group's and the parent charitsble company's
statement of financial position when the group and the parent charitable company become
party to the contraclual provisions of the instrun*nt.
Financial assets a￿ classified into specffied categories. The classification depends on the
nature and purpose of the financial assets and is determined at the time of recognition.
Basrc financial assets, which include trade and other receivables and cash and bank
balances. are initially measured at transacb'on price including transaction costs and are
subsequently Camed at amortised cost using the effective interest method. unless the
arrangement constitutes a financing transactron. where the transaction is measured at the
present value of the future receipts discounted al a markel rate of interest. Other financial
assets classrfied as fair value Ihrough profit or k)ss are measured at fair value.
Loans and receivables
Trade debtors, loans and other receivables that have fixed or deteminable payments that
are not quoted in an acb've market are classified as 'loans and receivables,. Loans and
receivables are measured at amortised cost using the effects've interest method, bess any
impairmenL
23

C03 CHIEF OFFICERS THIRD SECTOR
(A COMPANY UMITED 8Y GUAPAMTEE)
FINANCIAL STATEMENTS
EARE
RC
2024
R THE
NOTES TO THE ACCOUNTS ICONTINUED
Interest is recognised by applying the effective interest rate. except for short-term
receivables when the recognition of interest would be irnmaterial. The effective interest
method is a method of calculating the amortised c05l of a debt instrument and of alloGating
the interest income over the relevant period. The effective interest rate is the rate that exactiy
discounts ests"mated future cash receipts through the expected life of the debt instrument to
the net rarrying amount on initial recognition.
Impaim?ent of financial assets
Financial assets, other than those held at fair value Ihrough profft and loss, are assessed
for indicators of inwairment at each reporhng end date.
Financial assets are inyired where there is objective evidence that, as a result of one or
more events that wcurred after the initpl recognition of the financial asset the estimated
future cash flows have been affected. The impairment loss is recognised in profit or loss.
Derecognition DllinanGial assets
Financial assets are derecognised cmty when the contractual rights to the cash flows from
the asset expire, or when it transfers the financial asset arKI substsntially all the risks and
rewards of ownership lo another enbty.
(k) Financlal liabi1Stl•s
Basic financial liabilrties are initially rreasured at transaction pri￿. unless the arrangement
constitutes a financing transaction, where the debt instrument is measured at the present
value of the future receipts discounted at a market rate of interest. Other financial liabilities
classified as fair value through profft or loss are measured at fair value.
Other financial liabilities
Other finanoal liabilitEs are initially measured at fair value, net of IransactK)n costs. They
are subsequently measured at amortised cost using the effective interest methrjj. with
interest expense recognised on an effective yield basis.
The effective interest method is a method of calculating the anKJrt15ed cost of a ffftancial
liability and of allocating interest expense over the reEevant period. The effecbve interesl rate
is the rate that exactly discounts estimated future cash payments through the expected life
of the financial liability to the net carrying amount on initial recognition.
Derecognition of financial liabilities
Financial liabilities are derecognised when. arml onty when, the group's and parent charitable
company's obligations are discharged, can￿lled. or they ewre.
(11 Taxation
As a registered charity. C03 Chief Officers Third Sector 15 not liable to either Income Tax or
Corporation Tax.
(m) Critical accounting estimates and Judgements
In the application of Ihe group's and pa￿nt charitsble cornpany's ￿}Unting pollcies, the
trustees are required to make judgements. estimates and assumptions about the carrying
amount of assets army liabilib'es that are not ￿adIlY apparent frorn other sources.
24

C03 CHIEF OFFICERS THIRD SECTOR
IA COMPANY UMITEO 8Y GUARANTEE}
FINANCIAL STATEMENTS
EAR ENDEO
1 MARC
20
.FO
NOTES TO THE ACCOUNTS ICONTINUED) '
The estimates and associated assumptions a￿ based on hislorical experEnce and ott￿r factors
that a￿ considered to be relevant. Actual results may differ from these eskn'mates.
The estimates and underlying assumplions are reviewed on an ongoing basts. Revisions to
accounting estimates are recognised in the perjod in which the estimate is revised. if the revision
affects only that period, or in the period of the revision and future periods if the ￿vIsion affects
tjoth current and future periods.
The estimates and assumptK>ns which have a significant risk of caLssing a material adjustment
to the carrying amount of assets and liabilities are ouuined below.
Tangible fued assets
Tangible assets are depreciated over thetr useful lives taking into account residual values where
appropriate. The actual lives of the assets are assessed annualty and may vary depending on
a number of factors. In reassessing asset lives factors such as maintenance programmes are
taken into account. Residual value assessrnents consKler issues such as the remaining live of
the asset and the estimated value in use.
DONATIONS AND LEGACIES
Grou
2024
2023
2024
2023
Unrestricted
Donations
21.271
21.271
58,244
58,244
INCOME FROM OTHER TRADING ACTNMES
Grou
2024
Com
2024
an
2023
2023
Unrestricted
Recruitment Services IncofT
VAT FRS Benefit
105,909
3.809
109.718
142.192
5.638
147.830
25

C03 CHIEF OFFICERS THIRD SECTOR
(A COMPANY LlhlTED BY GUARANTEEI
FINANCIAL STATEMENTS
FOR THE YEAR ENOED
MARCH 2024
NOTES TO THE ACCOUNTS (CONTINUED)
INCOME FROM CHARtrABLE ACTivrriES
2024
un￿StrICted Restncted
Funds
Funds
2023
Unrestricted Restricted
Funds
Funds
Total
Totsl
Membership Incoff
Income from Events
Other
98.774
179.422
8.516
98.774
179,422
8.516
61,086
164,413
61,086
164,413
Performance
elated
DSD- VCU- Regiona
Infrastructure Supwrt Pn)gramme
Halifax Foundalion
SIG
National Lottery
Domiant
UGV Ltd
Other
32.018
32,018
34,610 34,610
9,400
9,400
67.850
99.845
47,500
9,250
67.850
99,845
47,500
9,250
6,000
76,237 76,237
6,000
51,520
51,520
292,712
256.463 549,175
277,019
120.247 397,266
STAFF COSTS AND NUMBERS
Com
2024
an
2024
2023
2023
Wages and salaries
Social security costs
Other pension costs
259.016
20,188
16.408
295,612
205.172 206,636
21.121
14,501
16.030
12,17Q
242,323 233,307
155,323
15,466
11.944
182,733
The average number of persons employed by the company (excluding D1￿ctOrs> during the year was
as follows:
Grc
2024
an
2023
2024
2023
Charitable activities
There was one employees whose annual remuneration was £70.000 or more (2023.. None)
The total amount of employee benefits received by key management personnel in the period was £78,725
(2023.. £45,393). The key management personnel ol the Company comprises 1 member of staff (2023.. 1),
the CEO.
26

C03 CHIEF OFFICERS THIRD SECTOR
IA COMPAMY UMtTED 8Y GUARANTEE}
FINANCIAL STATEMENTS
RENO
RCH 20
FOR
NOTES TO THE ACCOUNTS ICONTINUED)
EXPENDrruRE
Analysis of resources expended
2024
2023
Member Development and Events
Member Support Services
Miscellaneous
167,982
179,443
457
150
180,050
75
168,057
Share of support costs (see breakdown bel(AY)
300,236
235,420
Share of governance costs (see breakdown below)
22,366
32,903
Other Trading Activities
579.106
537 959
Analysis by fund
Unrestricted funds
Restricted funds
196,579
382 527
579,106
148,156
389.803
537 959
Anatysls of support & govomance costs
2024
2023
Stsff Costs
Depreciation
Rent
Insurance
Telephone
Bank Charges
VQeb and IT Costs and subscript￿$.
Sundry Costs
Equipment Hi
Postsge, Printing and Stationery
Associate Membership Fees
Recruitment costs
Audit Fees
Legal and Professional
Executive Committee
Bad Debt Expense
233,307
524
26,542
2,119
2,403
1,061
12,715
5,749
506
4,092
2,578
8,640
3,480
16,083
2.803
186,059
524
18,247
2.120
2,687
719
5,628
12.450
3,226
3.760
2,101
12,419
27

C03 CHIEF OFFICERS TrIRD SECTOR
IA COMPANY UMITED BY GUARANTEE)
FINANCIAL STATEMENTS
. FOR THE.YEA
ENO
MARCH 2024
NOTES TO THE ACCOUNTS (CONTINUED)
NET INCOMING RESOURCES FOR THE YEAR
This is stated after charging
2024
202
Depreciab'on
524
524
Auditors remuneration
INCOME FROM TRADING ACTIVITIES
C03 Chief Officers Third Sector is the sole member of C03 Enterprises Ltd (company numbei N1652430). The
summary financial performance of the subsidiary alone is..
2024
2023
Tumover
Expenditure
Net ProfiU(Loss)
109.718
.109.718
147.830
147 830.
TANGIBLE FIXED ASSETS
Group and Company
Fixtures
and
fittings
At 1 April 2023
Additsons
At 31 March 2024
14.781
Depre¢iation and impaimient
At 1 April 2023
Depreciats'on charged in the year
At 31 March 2024
13.906
524
Carrying amount
At 31 March 2024
351
At 31 March 2023
875
28

COJ CHIEF OFFICERS THIRD SECTOR
{A COMPAIIY LIPJITED 8Y GUARANTEEI
FINANCIAL STATEMENTS
REND
20
FOR
NOTES TO THE ACCOUNTS (CONTINUED)
10 DEBTORS
Group
2024
CharitabFe
Company
2024
2023
2023
Trade debtors
Amounts owed by subsKliary undertaking
Prepayments and accrued incoff
66,270
44,677
47.324
34,534
107.017 130,125
9.987
164,328 171472
9.987
8.838
Amounts owed by subsidiary undertaking are unsecured. interest free. have no fixed date of repayment and
are rePaYa￿e on demand.
CREDITORS: amounts falling due within one year
Group
2024
Charitable
Company
2024
2023
2023
Deferred income
Trade creditors
Other creditors
Accfuals
27,125
3.469
9,802
18,.758
31,613
28,277
19,910
27,125
2.994
2.828
18.758
51.705
31.613
23,302
6.541
91.680
72,976
12
RESTRICTED FUNDS OF THE CHARirY
The restricted funds of the charity comprise the unexpended balances of donations and grants held on Irust
subject to specific conditions by donors as to how they may be used.
Balance at Movement in Resources
1 April 2023
Incoming
Outgoing
Transfer of Balance at
Funds
31 March
2024
SIG
Dormant
UGV Ltd
RISP
National Lottery Comrnunty Fund
67.850
47,500
9,250
32.018
(48,115)
{33,931>
(5,245)
(32,018)
77,270
19,735
13,569
4.005
55.799
Total funds
33.224
256.463
{196,579)
93.108
29

C03 CHIEF OFFICERS THIRD SECTOR
IA COAIPANY LIAIITED BY GUARAMTEEI
FINANCIAL STATEMENTS
EN
NOTES TO THE ACCOUNTS IcoKfiNUED)
13 UNRESTRICTED FUNDS OF THE CHARITY
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific condibons by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes
Balance at Movement in Resources
1 April 2023
Incoming
Outgoing
Transfer of Balance at
Funds
31 March
2024
Unrestrlcted Funds
General Unrestricted Funds
Educatronal Ringfencing
274.627
333,213
(319.451)
288,389
240
Totsl funds
268.246
402.430
{382,527)
288,149
14 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Tangible
Fixed Assets
Other Net
sels
rotal
Restrieted funds
93,108
93,108
Unrestricted funds
351
288 .149
1 S RELATED PARTIES
Induded in deblors as at 31 March 2024 is a balance of £107.017 (2023.. £130,125) in ￿spect of monies
owed from C03 Enterprises Ltd. C03 Chief Ofters Third Sector is the sole mèmber of C03 Enterprises
Ltd.
16 EVENTS AFTER THE REPORTING DATE
There have been no material events. occurring after the reporting date that require adjustments to or
disclosu￿ in the financial statements.
30

C03 CHIEF OFFICERS THIFU> SECTOR
(A COMPANY LIPIITED BY GUARANTEEI
FINANCIAL STATEMENTS
ENDEO
RCH 2024
RTH
hlOTES TO THE ACCOUNTS ICONTINUED)
17 RECONCILIATION OF OPERATING SURPLUS TO NET CASH FLOW FROM OPERATING ACTMTIES
2023
2023
Net irKoming resources for the year
Depreciation
Increasel(decrease) in creditors
Decreasel(increase) in debtors
79,787
7,137
524
524
(32,527)
22,741
25,557
85.782
Net Cash inflowllouffiow) from operating activities
25,043
118.999
31