Charity Registration No: 107396 City of Londonderry Charitable Trust Report of the trustees and unaudited financial statements for the year ended 5th April 2024
City of Londonderry Charitable Trust Contents Pages Referen and administrative details Report of the trustees Independent examiner's report Statement of financial activities Balance sheet Cashflow ststement 10.-14. Notes to the financial statements
City of Londonderry Charitable Trust Reference and administrative details for the ear ended Sth A rtl 2024 Charity name: City of Londonderry Charitable Trust Registered charity number: 107396 Trustses: Robert M Auld Gerald Simon Glass John White Laurence I White Raymond W While (Chair) Treasurer: Raymond W White Principal address: 58 Woodvale Road Eglinlon Londonderry BT47 3AH Independent examiner: Julian Remmington Heritage House Woodside Lane Bell Bar Herts. AL9 6DE Bankers: Santander 17 The Diamond Londonderry BT48 6HW Solicitors: Babingtons Solicitors 9 Limavady Road Londonderry BT47 6JU Page 1
City of Londonderry Charitable Trust Report of the trustees for the year ended 5th April 2024 The trustees present their report along wth the financial statements of the Charity for the year ended 5th April 2024. The financial statements have been prepared in accordance wth the accounting policies set out on page 10 and comply wth the Trust Deed and applicable law. structure, governance and management Governlng document The City of Londonderry Charitable Trust is an unincorporated trust constituted by Deed of Trust dated 25th April 1972 recently amended by Deed of Variation dated 1 Oth December 2019. The Trust was registered with the Charity Commission for Northern Ireland on 11th February 2020 under Charity Registration Number.. 107396. Reoruitment and appointment of new trustees The names of the Trustees who have Seed during the year and Sin the year end are set out on page 1. None of the Trustees, nor any person connected with them. received any remuneration or expenses from the Charity in the year ended 5 April 202412023.. £nil). The Trust operates three Gospel halls and Trustees are chosen from among the regular congregation of the halls. New Trustees are nominated by the exiskn.ng Trustees or by the congregation and must be appointed by unanimous resolution of the congregation. They are selected according to their skills and experience and are expected to use both in furthering the objects of the Charity. Checks are made to ensure the Trustees. eligibility to act and incoming Trustees are made aware of their responsibilities by the existing Trustees. who ensure that new Trustees read the Trust Deed and relevant Charity Commission guidance. Wider network The Trustees maintain informal links with similar charities with a view to pooling experience considered useful in pursuing the objects of the Charity. The Charity also maintains particular links wth Waterside Gospel Hall Trust. wth which it shares member5 of its congregation. Risk management The Trustees have identified and reviewed the major risks to which the charity is exposed and confirm that they have established system5 or procedures to manage and mitigate those risks. Objectives and activities Objectives and aims The Irust has the following charitable purposes.. The charitable purposes of the Charity are the advancement of the Christian religion for the public benefit, including by the carrying on of the service of God in accordan wth the Old and New Testarnents of the Holy Bible as followed by those Christians fomiing part of the world-wide fellowship known as the Plymouth Brethren Christian Church (the °Brethren"} and any other charilable purposes connected with Brethren. The core doctrine of the Brethren and proper practices in furtherance of certain aspects of doctrine are summarised in two schedules to the Trust Deed. Page 2
City of Londondery Charitable Trust Report of the trustees for the year ended 5th April 2024 Publlc benefit The Trustees confirm that they have complied wth their duty under the Charities Act (Northern Ireland) 2008 to have due regard to the Charity Commission for Northern Ireland's general guidance lo charities on public benefit. Main activitles and achievements The Trust provides and maintains three Gospel halls ere religious meetings are held by the local Brethren community. Details of the origins, teachings and way of life of the Brethren can be found on the website - ww.plymouthbrethrenchristianchurch.org and in the schedules to the Trust Deed. The Trust ¢leared the remaining outstanding loan sooner than required. Plans for future periods The Trust plans to continue all the current activities. Meetings Meetings held at the gospel halls include the Lord's Supper (Communion). Gospel preachings, Bible readings and Bible addresses. There is a structured weekly schedule of meetings and, depending on the particular meeting, beeen 40 and 500 people normally attend these occasions. The meetings are attended by the regular congregation and most are open to other properly disposed visitors. The notice board outside the Halls welcomes visitors and displays the times of Gospel preachings. along wth a telephone number for those seeking further informalion or help. Gospel tracts. which are distributed by street preachers. also display this information. Bibles and an extensive range of other Christian reading material are on display at the halls and visitors are free to help themselves. Spreading the Gospel message and the Ilfe of a Chrlstlan The City of Londonderry Charitable Trusvs halls are a base from which the regular congregation and others who attend the meetings are encouraged to spread the Christian Gospel. in word and deed. Members of the congregation participate in a programme of street preaching and Gospel tracts are provided free of charge by the Charity lo such preachers to be handed out to interested members of the public. In carrying out this work. the congregation considers itself to be living out its faith in practice, as particularly exemplified in the following extract from the schedule to the Trust Deed on living a Christian life.. We seek and are encouraged to live exemplary lives in all our relationships with others in the wider community (including former Brelhren}. in accordance véith the teachings of Holy Scripture {1 Tim 2=21 We regularly go out from our homes to preach on the streets, to distribute Christian literature and engage with the wder community (including former Brelhrenl in order to presenl eternal salvation, available to all men by faith in Jesus Christ. (2 Tim 4=21. We seek as members of the public to lead Christian lives as husbands and wives, parents, children, employers, employees and neighbours. {Col 3.'22-25. Col 4'.1}. Page 3
City of Londonderry Charitable Trust Report of the trustees for the year ended 5th April 2024 Spreadlng the Gospel message and the Ilfe of a Chrlstlan contd. The presetvation and protection of the family unit is fundamental and children are prized as a blessing from God. (Psalm 127'.3-5}. The elderly are valued members of the community, for whom both their family and the wder community are expected to care. Holy Scripture commands us to be good neighbours to others, and deal with all other people {induding former Brethren) openly, honestly and fairly and consistent wth these principles, we should give our time. talents and money to assist those in need in the wider community, in so far as reasonable given our abilities and our available resources. (Matt 7.'12, Matt 22'.39, Eph 4'.281. Funding Funding is sought through gifts from Ihe congregation and Gift Aid is claimed on eligible donations. Funding is sometimes received from other charitable trusts wlh complementary objecb'ves. Flnanclal review Financial position In the year ended 5 April 2024 the Trust had a surplus of incoming resources over resources expended. Total voluntary income received this year was £115,514 compared to £157,899 in the previous year. All funds held were unrestricted funds. The lon9 lerm loan Sho on the balance sheet last year for £35.CKIO was repaid in full by the year- end. Reserves policy The Trustees have considered Ihe level of reserves they wish to retain. appropriate to the charity's needs. based on ils size and the level of its financial commitments. The Trust has no employees and its regular outgoings are minimal. Accordingly, the Trustees have decided to adopt a policy of maintaining no significant reserves although currently surplus funds are being saved with a view to providing a further meeting hall lo serve the growng congregation. The congregation is kept regularly informed as to particular needs for funds, and other relevant matters and the Trustees aim to ensure that the Charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. by raising a funds appeal to the congregation. Free reserves at the year end were £162,197. Page 4
City of Londonderry Charitable Trust Report of the trustees for the year ended 5th April 2024 Statement of trustees, responsibilities The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance wth applicable law and Financial Reporting Standard applicable in the United Kingdon and Republic of Ireland {FRS 1021 {effective 1 January 2019}. The law applicable to charities in Northern Ireland, the Charities Act (Northern Ireland) 2008. Charity (Accounts and Reports) Regulations and the provisions of tre trust deed requires the trustees lo prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of Ihe incoming resources and application of reSoUrs, including the income and expenditure. of the charity for that period. In preparing those financial statements. the trustees are required to select suitable accounting policies and then apply them consistently., bl observe the methods and principles in the Charity SORP., make judgements and estimates that are reasonable and prudent.. d) prepare the financial slalements on the going concem basis unless it is inappropriate to presume that the charity wll continue in operation. The trustees are responsible for keeping proper accounting records which disclose wth reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008. the Charity (Accounts and Reports) Regulations and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and olher irregularities. All transactions have been reviewed and approved by kn trustees. On behalf of the board.. Jo /12 /&24 Raymond W White Date Page 5
City of Londonderry Charitable Trust INDEPENDENT EXAMINER'S REPORT ON THE FINANCIAL STATEMENTS Reportto the trustees of City of Londonderry Trust on the financlal statements forthe year ended 5th Aprll 2024 set out on pages 7 to 14. Respe¢tive responsibllities of trustees and exarnlner The charitys trustees are responsible for the preparation of the accounts. The charitls trustees consider that an audit is not required for this year under section 65 (2) of the Charities Act {Northern Ireland) 2008 (the Charities Act) and that an independent examination is needed. It is my responsibility to- - examine the accounts under section 65 of the Chartties Act (Northern Ireland) 2008 to follow the procedures laid down in the general Directions given by the Charity Commission (under section 65{91(b) of the Charities Act (Northern Ireland) 2008), and - to state whether particular matters have come to my attention. Basis of Independent examiner's statement My examination was carried out in accordance wilh general Directions given by the Charity Commission for Northern Ireland. An examinaton includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from yOLt as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be iequired in an audit and consequently no opinion is given as to whelher the accounts present a 'true and fair view, and the report is limited to those matters set out in the next statement. Independent examlnerfs statement In connection wth my examination no matter has come to my attention . which gtves me reasonable cause to believe that in. any material respect, the requirements.. - to keep accounting records in accordance with section 63 of the Charities Act 2008- and section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations. and - to prepare accounts which aGcord with the accounting records and comply wilh the accounting requirements of Ihe Charities Act 2008 and sedion 44 {1) (b) of the 2005 Act and Regulation 8 of the 2006 Accounts Regulations have not been met: or 2. to which, in my opin attentio of the ac¢ount5 to be reached. should be drawn in orderto enable a proper understanding Signed: Date: O.lJ. 2V. Name: Julian emmington 4ca8t, Heriiage House, Woodside Lane, Bell Bar, Herts., AL9 6DE Page 6
City of Londonderry Charltable Trust Statement of financlal actlvltlos lincluding Income and èxpenditure accounti for the ear •nd8d 5th A ril 2024 Unrestricted Unrestrlcted Deslgnated Funds Funds Restrlcted Total Funds Funds 2024 Total Fund$ 2023 NOTES Incoming and endowments from.. Donations and legacies: Collections Contributions from the congregation Grft Aid donations Other donations Income lax refundable Donated services Payroll giving Grants CeiVed Legacies received Investment income and Interest Interest Other Income Sundry 32,097 17,761 50,464 4,440 3,206 35.303 17,761 50,464 4.440 34.055 8,220 103.303 2,028 7.546 7,$46 10.293 2,239 2,239 1,274 Total 114,549 3,206 117,755 159,173 Expondlturè on: Charltable actlvitie5 Running of meeting halls Wider communily oulreach CongregatIn support Intemenl expenses Cost of donated se&5 Tr8llsfers to affiliated trusts Other cos15 90,764 90.764 134.891 3.206 3,206 4,989 3,726 3.726 3.243 100 Governance Computer costs Postage, piint and stationery Legal & professional costs Training Independent Examinerfs fee Repairs and Maintenance Bank charges DepTe¢iation- Office equiprnent ProfiVLoss on sale of assets 218 2.217 300 1,320 2.217 300 1,320 3.079 1,320 225 Total 98,327 3,206 101.533 147,615 Net Incomellexpendlturel 16.222 16,222 11,558 G8inslllossesl on revaluation of fixed assets Net movement in fund¥ 16.222 16.222 11,558 Reeonelltatlon of funds Funds al 6th Aprfl 2023 2.158,206 2.158,206 2.146.648 Totsl funds at Sth Aprll 2024 2,174.428 2,174,428 2.158.206 The notes on pages 10 10 14 fomi part of these )Inancial statements. Al of the above acllvllles arg classed as conlinulng and there are no gains and losses olhgr than those included above. Page 7
ctty of Londondèrry Charitable Trust Balance sheet at5thA ril 2024 2024 2023 NOTES Fixed as$ets Tangible fLKed assets 2,012,231 2,058.553 2.012.231 2,058.553 Current assèts Debtors.. Prepayments & accrued income Cash al bank and in hand 7.947 158,940 4.996 137,565 166,887 142,S61 Current Ilabllltles Creditors-. amounts falling due within one year.. Other creditors AccTuals and deferred income 4.690 7,908 4,690 7.908 Net current assets 162,197 134,653 Total assets le$$ ¢urrent Ilabllltles 2,174.428 2.193.206 CdItorS.. amounts falllng due after more than one year Loans 35,000 Net assets 2,174,428 2.158,206 Funds Unst11c1ed income fund Reslri¢led fijnds 2,174,428 2,158.206 Total Funds 2.174,428 2,158,206 The unaudited frnan¢ial stalemenls were approved and authorised for issue by the Trustee of City of Londonderry Chariiable Trust on Jo iz IU and signed on Iheii behalf by Raymond W White Trustee The notes on page5 10 to 14 fomi part ofthese finan¢lal statemeJ Page 8
City of Londonderry Charltable Trust Detailed statement of flnaneial activitiÈ$ Cashflow Statemant for the ar endèd 5th A ril 2024 Unrestricted Unrestricted Designated Funds Funds Restricted Total Fund¥ Funds 2024 Totsl Funds 2023 NOTES Cash flows from operatlng activltles: Net Incomell-l expendlture for thè reporting perlod las per the stat•m•nt of flnanclal actlvltlèsl 16,222 16,222 11,558 Adjustments for: Depreciation charges l_l Gainsnosses on investments Divldends, inte$t and nts from investments Lossll_l profil on sale of fixed assets l-l Increaseldecrease in stocks l-l In¢reaseldecrease in debtors Increasell_l decrease in creditors 46.322 46,322 46.323 2.951 38,218 2,9SI 38,218 357 3,520 N¥t Cash provld•d by l-l used in operating actlvltEes 21.375 21,375 61.758 Cash flows from Investlng actlvW•$'. Dividends, Snteresl and rents from investments Pro¢eeds from sale of property. plant and equipment Purchase of property. plant and equipment Proceeds frorn sale of investments Purchase of investments Net ¢a$h provld•d by l-l uBed In Investlng actlvkles Cash flows from financlng actlvliles: Repayments of borrowing Cash inflows from new borrowlng Receipt of end¢)wmenl N8t cash provlded by {.) used In finan¢lng a¢tivities Change in cash and cash equivalents in the reportlng period 21.375 21.375 61.758 Cash and cash equlval•nts at the beginnin9 of the reporting ptrlod 137,565 137.565 336.869 Cash and cash equlval•nts at the end of the reporting perlod 158,940 158.940 398.627 Page 9
City of Londonderry Charitable Tru$t Notes to the accounts for the ear ènded 6th A ril 2024 1. Accountlng pollcles 1.1 Basis of financlal ststemenls The financial stalemenls have been prepared in accordance with the Slalemenl of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014, and incorporating update bulletins 1 and 2, and Ihe Financial Reporting Standard applicable in the United Kingdom and RepLtblic of Ireland IFRS 1021 and UK Generally Accepted Accounting Practu. The functional cUrncY of the charity is sterfing l£}. The Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or trans8Ction value unless otherwise stsled in the relevant a¢¢ounling policy nolelsl. 1.2 Income Donations are recognised in the year in which there is entiilement and probability of receipt and the amount can be measured with reasonable certainty. Income 15 only deferred when the charily has io fijlfil conditions before becoming entilled lo il or where the donor has spe¢ified that the income is to be expended in a future year. Gift aid is added to the value of the donation to which it relates. Oonate(J services are reoogni5ed as income and expenditure in the financial staternents when organisations or individua15 offer Iheir ser¥eS and support pro bono. The value of these donated services to Waterside Gospel Hall Trust is considered to be equal lo market value which would be paid were the service forrnally procured. This includes services paid for by other trusts. InveslTnenl income is accounted for on a receivable basls. 1.3 Expendlture Expenditure is included on an accruals basis. Liabililies are recognised as soon as there is a legal or constructive obligation commiiling the ¢haiity lo pay out resources. Charitable activthes comprise those costs directty attributable to the fvlfilment of the charitable objects. 1.4 Govemance and support costs Support Costs have been allocaled between goveman¢e costs and other support costs. Goveman¢e ¢osts comprise all cosls involwng the public accounlability of the Charity and costs related lo statutory requirement5. As there are no staff or offices the Twslees have agreed to allocale all such costs lo Governance c0515. 1.5 Tangible fixed assets and depreCIatn Tangible fixed assets (costing more than £1501 are stated at cost less depreciatlon. Freehokl land is not depreciated. Depreaatk)n 1$ provided al rale5 calculated to write off the ¢osl. less estimaled residual value, of each asset over its expected useful life as follows.. Freehold buildings Fixtures and Fitlings Equipment 2% slraighl line 15/0 Strdight line 33.33Yo straight line 1.6 Taxation The Tst Is a registered charity and is not liable to United ngdoM income or corporation tax on charitable aclivilies, provided incorne falls within the charitable exemptions and is spent on charitable purposes. 1.7 Funds The general unrestricted fvnd is free for the Truslees to use for any Purposes in fvrtherance of the trust's charitable objects. Restricted funds arise from donations lo the trust which a made for a specific purpose. Reslri¢led ftjnds can only be used for the purpose for whh funds were given. 1.8 Preparation of consolSdaled financial slalemeftls The Charity does not have a trading subsidiary and there is no requirement lo prepare consolidated accounts. 1.9 Going concern The Tru51ees consider that there are no material uneertainlies about the eharivs ability lo ¢onlinue as a going con¢em. 1.10 Significant estimates and judgernents The Irustees do nol consSdgr that there are any sources of estimation uncertaTnty at the reporting dale that have a slgnlficant risk of causlng a rnaterial adjuslmenl to the carrying arnounts of a55ets and liabilities within the next reporting period. Page 10
City of Londonderry Charltable Trust Note8 to the accounts for the ar ended Sth A ril 2024 2 Trustse$' remuneratlon and expenses No Tnjslees reeeTved any reMuneraln or other benefiis from an empkjyment with the charity and no Trustees were reimbursed for expenses12023.' None). 3 Wage¥ and salaries There are no employees12023.' none). 4 Dortated $ervlce Income 2024 2023 Expendlture 2024 2023 Waterside Gospel Hall Trust 3.726 3.243 3,726 3,243 other charltsble aetlvltles Meetlng rooms 5 R•sourcos èxpènded 2024 2023 Repairs and maintenance of buildings Landscaping costs Mainlenance- Recording equipment Light and heat Water rates Telephonè & broadband at halls Conference c051s Insurance- Public liability Legal & professtonal- specrfK lo ha118 Cleaning Sundry Depwialion- Freehold property Deprectalion- Equipment 14.898 4,050 249 13,917 1.277 1,054 14,898 4.050 249 13,917 1.277 1.054 1.397 3,610 510 843 2.637 44.313 2.009 8.114 4.435 13.664 2,165 970 54,874 1.536 910 1,365 535 44,313 2.010 1.397 3.610 510 843 2,637 44.313 2,009 89,367 1,397 90.764 134.891 Page11
Clty of Londonderry Charitsble Trust Notes to th• aecourtts for th• ar ended 5th A rll 2024 6 T•n9ible fixed assets Freehold Flxtures, Propetyand Flttlngs R•furbishm•nt artd Plant Totsl C05t At 6th April 2023 Disposals Additions 2,215,540 11.794 2.227,334 At 5th Aprfl 2024 2.215.540 11,794 2,227.334 Deprec5atlon At 6th April 2023 Disposals Charge for the year 162,091 6,690 168,781 44,313 2.009 46.322 Al 5th Aprfl 2024 Nel Btr)k Value At 5th April 2024 206,404 8.699 215.103 2.009.136 3,095 2,012,231 At 6th April 2023 2.053,449 5,104 2,058.553 Land Registry tille numbers- 16378, 21091, 21195. LY106795 8nd LY15572 7 Analysts of net assèts between funds Unrestrlcted Unrestrlcted Deslgnated funds funds Restrlcted funds Totsl funds 7.1 Currenlyear Tangible fixed assets Currents assets Current liabilities Long temi liabilits.es 2,012,231 166,887 4,690 2,012.231 166,887 4.690 2,174,428 2.174.428 Totsl fund$ Unrestrictèd Unr•$trl¢ted Dèsignated funds funds 7.2 Frioryear Restri¢tsd funds Total fund$ Tanglble fixed assets Currents assets Current liabilitie5 Long temi liabilities 2,058,553 142.561 7.908 35.000 2,058,553 142,561 7,908 35,000 2.158.206 2.tS8.206 Total fund$ 8 Movement in funds 8. 1 Cutrentyear Reallsedl unr•allsed galn and losses Balanee at 6 April Incoming 2023 resources Resources expended 8alan¢e at 5 Aprll 2024 R•stri¢ted funds Fund Designated lund5 3.206 3,206 Unrestrided fvnds 2,1S8.206 114.549 98.327 2.174.428 Total funds 2,158.206 117.755 101,533 2.174,428 Page 12
City of Londonderry Charltable Trust Notes to the accounts for the ar ended Sth A ril 2024 8 Movement in fund8 contsl. 8.2 Prioryear Reallsedl unrealisèd gain and losses Balance at 6 Aprll Incoming 2022 resources Resource5 expended Balance at s Aprll 2023 Restricted funds Fund Designated funds 4,625 364 4,989 Unrestricted fvnds 2.142,023 158.809 142,626 2,158.206 Total funds 2.146,648 159.173 147.615 2,158.206 9 Transactlons with related partl&s Total donations CeiVed frorn connected persons was £35,130.0012023 £77.640.001. The trust paid £12.000.0012023 £54,884.72) to Campsey Construction Ltd for the new hall development. Brothers of trustees Gerald Glass and Laurence White are directors of Campsey Conslruction Ltd. The twsl paid £2,318.16 {2023 £ 514.801 lo Ebringlon INI) Ltd_ for firsl-aid equipment. Raymond White, truslee, is a director of Ebrington INI) Ltd. The trust paid £3,920.13 12023 £328.33) lo Causeway Vision Ltd. for supplies, John White, truslee is grandfalher lo one of directors. 10 Volunts•rs Clty of Londondery charitab Trust TelS entirety on volunteers to carry out the management. administration and general maintenance work. The Trust has no paid staff or paid Trustees. City of Londonderry Charltable Trust Notes to the a¢rounts Page 13
for the ear ended 5th A ri12024 11 Compar•tive Statement of Flnanelal Aetivllie$ Unrestrlcted UnTestrlcted Deslgnated Funds Fund$ Restrlctèd Total Funds Funds 2023 Incoming and endowments from: Donations and lega¢ies'. Collections Contributions from Ihe congregation Grft Aid donations Other donations Income lax refundable Donated services Payroll giving Grants received Legacies receNed Inv•$tmènt incom• and interest Bank interest Other Income Sundry 33,691 8.220 103.303 2,028 364 34,055 8,220 103,303 2,028 10.293 10,293 1,274 1.274 Totsl 158,809 364 159,173 Exp•ndlture on: Charitsblfr a¢tivlti•s Running of meeting halls Wider communty outreach Congregalk)n support Intemient expenses Cost of donated see$ Transfers lo affiliated trusts Other costs 134,891 134,891 4.989 4.989 3,243 100 3.243 100 Governance Computer costs Postage, print and stationery Legal & professional ¢osts Independent ExaminÈrfs fee Repairs and maintenance Bank charges Depreciation- Office equipment ProfitlLoss on sale of assets 218 218 3.079 1.320 3,079 1,320 225 225 Total 142,626 4,989 147,615 Net in¢omell•xp#ndlturel 16.183 4.625 11,558 Gainsl{10ssesl on revaluation of fixed assets N¥t movement In funds 16,183 4,62S 11.558 Reconclllation of funds Funds at 6th April 2022 2,142,023 4.625 2.146,648 Total funds at 5th Aprll 2023 2.158.206 2,158,206 Page 14