IRIS Accounts Production v24.3.0.553 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true true true false true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh012086572023-03-31012086572024-03-31012086572023-04-012024-03-31012086572022-03-31012086572022-04-012023-03-31012086572023-03-3101208657ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-3101208657ns15:PoundSterling2023-04-012024-03-3101208657ns11:FRS1022023-04-012024-03-3101208657ns11:IndependentExaminationCharity2023-04-012024-03-3101208657ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-3101208657ns11:FullAccounts2023-04-012024-03-3101208657ns11:CharitiesSORP2023-04-012024-03-3101208657ns0:Trustee12023-04-012024-03-3101208657ns16:EnglandWales2023-04-012024-03-3101208657ns11:RegisteredOffice2023-04-012024-03-3101208657ns0:Trustee22023-04-012024-03-3101208657ns0:Trustee32023-04-012024-03-3101208657ns0:Trustee42023-04-012024-03-3101208657ns0:Trustee52023-04-012024-03-3101208657ns0:Trustee62023-04-012024-03-3101208657ns0:Trustee72023-04-012024-03-3101208657ns11:CompanySecretary12023-04-012024-03-3101208657ns10:WithinOneYear2024-03-3101208657ns10:WithinOneYear2023-03-3101208657ns0:TotalUnrestrictedFunds2024-03-310120865722023-04-012024-03-310120865712023-04-012024-03-310120865712022-04-012023-03-3101208657ns10:OwnedAssets2023-04-012024-03-3101208657ns10:OwnedAssets2022-04-012023-03-3101208657ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-03-3101208657ns10:FurnitureFittings2023-03-3101208657ns10:ComputerEquipment2023-03-3101208657ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-04-012024-03-3101208657ns10:FurnitureFittings2023-04-012024-03-3101208657ns10:ComputerEquipment2023-04-012024-03-3101208657ns10:OwnedOrFreeholdAssetsns10:LandBuildings2024-03-3101208657ns10:FurnitureFittings2024-03-3101208657ns10:ComputerEquipment2024-03-3101208657ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-03-3101208657ns10:FurnitureFittings2023-03-3101208657ns10:ComputerEquipment2023-03-31
REGISTERED COMPANY NUMBER: 01208657 (England and Wales)
REGISTERED CHARITY NUMBER: 265514












STRATEGIC REPORT, REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP

THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Strategic Report 1

Report of the Trustees 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5 to 6

Notes to the Financial Statements 7 to 15

THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP

STRATEGIC REPORT
FOR THE YEAR ENDED 31ST MARCH 2024

The trustees present their strategic report for the year ended 31st March 2024.

REVIEW OF BUSINESS
The result above is after stating depreciation of fixed assets . There were realised and unrealised gains in the value of the Charity's investments. In the light of this, the Trustees regard the results as satisfactory in the light of the difficult year faced
There have been no changes to the Charity's fixed assets

Policies on reserves

The Charity aims to build up sufficient reserves to enable it to have sufficient cash reserves to allow for three months of expenditure. The total unrestricted reserve stands at £759,111 of which £4,176 are current assets and £23,820 are as cash in hand. The Trustees consider this a good platform to increase the reserves at the same time as the activities of the Charity

Approved by order of the board of trustees on 25th November 2024 and signed on its behalf by:





Ms E Taylor - Trustee

THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP (REGISTERED NUMBER: 01208657)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
01208657 (England and Wales)

Registered Charity number
265514

Registered office
Prideaux House
10 Church Crescent
London
E9 7DL

Trustees
Ms G Zafar Trustee
G R H Clarke Trustee
A Hilton Trustee
N Dillon Hatcher Trustee
Ms E Taylor Trustee
Ms K T Burke Trustee
Ms J A Andrews Trustee

Company Secretary

Independent Examiner
Billy Wenman, FCCA
Cook & Partners Limited
Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

Approved by order of the board of trustees on 25th November 2024 and signed on its behalf by:





Ms E Taylor - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP

Independent examiner's report to the trustees of THE COMMUNITY OF RECONCILIATION AND FELLOWSHIP ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








Billy Wenman, FCCA

Cook & Partners Limited
Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

25th November 2024

THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2024

2024 2023
Unrestricted Total
funds funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 7,418 8,303

Other trading activities 2 68,120 65,488
Investment income 3 23,198 9,875
Total 98,736 83,666

EXPENDITURE ON
Raising funds 4 123,657 80,167


Other 47,587 40,607
Total 171,244 120,774

Net gains/(losses) on investments 3,282 (18,460 )

NET INCOME/(EXPENDITURE) (69,226 ) (55,568 )


RECONCILIATION OF FUNDS
Total funds brought forward 828,337 883,905

TOTAL FUNDS CARRIED FORWARD 759,111 828,337

THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP (REGISTERED NUMBER: 01208657)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Unrestricted Total
funds funds
Notes £    £   
FIXED ASSETS
Tangible assets 9 498,964 512,480
Investments 10 237,861 292,907
736,825 805,387

CURRENT ASSETS
Debtors 11 3,051 2,430
Cash at bank and in hand 23,819 25,722
26,870 28,152

CREDITORS
Amounts falling due within one year 12 (4,584 ) (5,202 )

NET CURRENT ASSETS 22,286 22,950

TOTAL ASSETS LESS CURRENT
LIABILITIES

759,111

828,337

NET ASSETS 759,111 828,337
FUNDS 13
Unrestricted funds 759,111 828,337
TOTAL FUNDS 759,111 828,337

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP (REGISTERED NUMBER: 01208657)

BALANCE SHEET - continued
31ST MARCH 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 25th November 2024 and were signed on its behalf by:





E Taylor - Trustee

THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Policies relating to categories of income and income recognition
Nature of income

Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Categories of Income

Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.

Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.

Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.

Income recognition

income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

Accounting for deferred income and income received in advance

Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.
Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.
When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.

THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

1. ACCOUNTING POLICIES - continued

Policies relating to categories of income and income recognition
Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.
Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.

Income from legacies

Income from legacies is recognised when the charity has sufficient evidence that a gift has been left to them, that where required, probate has been granted, the executor is satisfied that the property in question will not be required to satisfy claims in the estate, that it is probable that the amount will be received by the charity, and the amount to be received can be estimated with sufficient accuracy, and that any conditions attached to the legacy are either within the control of the charity or have been met.
Where a payment is received from an estate or is notified as receivable by the executors after the reporting date and before the accounts are authorised for issue but it is clear that the payment had been agreed by the executors prior to the end of the reporting period, then the amount concerned is treated as an adjusting event and accrued as income in the accounting period if receipt is probable.
Where the charity has established entitlement to a legacy but there is uncertainty as to the amount of the payment, details of the legacy are disclosed as a contingent asset until the criteria for income recognition are met. Where a legacy is subject to the interest of a life tenant, the legacy is not recognised as income until the death of the life tenant.
If it is doubtful that full settlement of a legacy debtor will be received, then an adjustment is made to reduce the amount of the legacy debtor and legacy income rather than charging the adjustment as expenditure in the Statement of Financial Activities

Donated goods, facilities and services

Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income, and debited to fixed assets.

Donated goods that are not fixed assets are accounted for at a fair value, unless it is impractical to reliably measure the value of the donated items.

In the absence of any direct evidence of fair value of donated goods, then a value is derived from the cost of the item to the donor or, in the case of goods that are expected to be sold, the estimated resale value after deducting any anticipated costs of sales.

If it is impracticable to measure the fair value of goods donated for resale, or the costs of valuation outweigh the benefits, the donated goods are recognised as income when sold, with an equivalent amount being recognised as an expense.

The costs of goods donated for distribution to beneficiaries is deemed to be the fair value of those goods upon receipt. When the goods are distributed freely or for a nominal consideration, then the carrying amount is adjusted at the time of sale, to the value at the point of distribution and the adjustment is shown as a cost of donations made.

The carrying amount of any stock held for distribution is assessed for impairment at the reporting date. All donated goods are recognised as donation income, and debited to trading stock.When trading stock is subsequently sold, or appropriated to meet an expense, then the carrying value of the stock is recognised as an expense. In accordance with the SORP, goods donated for distribution to beneficiaries, or for consumption by the charity are included in 'legacies and donations'. Goods donated for resale are included in 'Income from other trading activities'


THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

1. ACCOUNTING POLICIES - continued

Policies relating to categories of income and income recognition
Donated services and facilities (including seconded staff and use of property) are included in the accounts on the basis of the value of the gift to the charity.

Membership subscriptions

The income and any associated Gift Aid or other tax refund from a membership subscription received by the charity in the nature of a gift, is accounted for on the same basis as a donation.

The income from a membership subscription received by the charity where the subscription purchases the right to services or benefits is recognised as income from charitable activities.

Policies relating to expenditure on goods and services provided to the char
Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

Allocating costs to activities

Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities.

Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.

Accounting for capital grants and fixed asset funds.
Gifts of tangible fixed assets or grants of a capital nature, given for the purposes of acquiring specific assets to be fully utilised in the furtherance of the objects of the charity, are credited to fixed asset funds after the donated asset has been received or sums have been properly expended on the restricted purpose.
Where the terms of the gift are met once the asset is acquired, so allowing the charity to use the asset on an unrestricted basis, including the right to receive the proceeds of any future sale of the asset on an unrestricted basis, then the fixed asset fund so created is categorised as a designated fixed asset fund.
When assets are acquired for the furtherance of the charity's objects, utilising the charity's own unrestricted funds, a transfer is made from unrestricted funds to a designated fixed asset fund.
Whether acquired with unrestricted or restricted funds, the asset acquired is initially shown in the balance sheet at the full cost of acquisition or subsequent revaluation.
As the related assets are depreciated, in accordance with the depreciation policy,in order to reflect the dimunition in the asset,a transfer is made from the relevant fixed asset funds to either unrestricted or restricted revenue funds, as appropriate to the terms of the original gift, if any.
The effect of this policy is that the aggregate of all fixed asset funds shall equate to the net book value of fixed assets.
In the first year that this policy was adopted, a transfer to fixed asset funds was made equivalent to the net book value of the assets.


THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

1. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.



Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. OTHER TRADING ACTIVITIES
2024 2023
£    £   
Shop income 68,120 65,488

3. INVESTMENT INCOME
2024 2023
£    £   
Rents received 22,946 9,785
Interest receivable - trading 252 90
23,198 9,875


THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

4. RAISING FUNDS

Raising donations and legacies
2024 2023
£    £   
Support costs 118,159 76,330


Investment management costs
2024 2023
£    £   
Portfolio management 2,174 2,622

Aggregate amounts 123,657 80,167

5. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£    £   
Depreciation - owned assets 13,516 13,517
Other operating leases 31,554 32,208

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2024 nor for the year ended 31st March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31st March 2024 nor for the year ended 31st March 2023.


7. STAFF COSTS

The average monthly number of employees during the year was as follows:

2024 2023
employed in the year was 2 5

No employees received emoluments in excess of £60,000.


THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£   
INCOME AND ENDOWMENTS FROM
Donations and legacies 8,303

Other trading activities 65,488
Investment income 9,875
Total 83,666

EXPENDITURE ON
Raising funds 80,167


Other 40,607
Total 120,774

Net gains/(losses) on investments (18,460 )

NET INCOME/(EXPENDITURE) (55,568 )


RECONCILIATION OF FUNDS
Total funds brought forward 883,905

TOTAL FUNDS CARRIED FORWARD 828,337

9. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1st April 2023 and 31st March 2024 750,815 44,365 4,436 799,616
DEPRECIATION
At 1st April 2023 238,335 44,365 4,436 287,136
Charge for year 13,516 - - 13,516
At 31st March 2024 251,851 44,365 4,436 300,652
NET BOOK VALUE
At 31st March 2024 498,964 - - 498,964
At 31st March 2023 512,480 - - 512,480

THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

10. FIXED ASSET INVESTMENTS

Fixed asset investments in quoted shares, traded bonds, investment properties and similar investments are shown initially at cost upon acquisition and at their market value at the balance sheet date at the end of the financial period. Investment properties are not depreciated.

Fixed asset investments in unlisted equities are shown at the balance sheet date at the best estimate of their market value, where practicable. Where valuation techniques are considered unreliable or where, in the opinion of the trustees, the costs outweigh the benefits to the users of the accounts, the investment is included at cost, and a review is undertaken at each year end as to whether the asset should be written down.

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors (1,125 ) -
Other debtors 3,346 762
VAT 830 1,668
3,051 2,430

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 649 101
Social security and other taxes 415 -
Other creditors 3,522 151
Accrued expenses (2 ) 4,950
4,584 5,202

13. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£    £    £   
Unrestricted funds
Unrestricted Funds 828,337 (69,226 ) 759,111

TOTAL FUNDS 828,337 (69,226 ) 759,111

Net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
Unrestricted Funds 98,736 (171,244 ) 3,282 (69,226 )

TOTAL FUNDS 98,736 (171,244 ) 3,282 (69,226 )


THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

13. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
Unrestricted Funds 883,905 (55,568 ) 828,337

TOTAL FUNDS 883,905 (55,568 ) 828,337

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
Unrestricted Funds 83,666 (120,774 ) (18,460 ) (55,568 )

TOTAL FUNDS 83,666 (120,774 ) (18,460 ) (55,568 )

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.4.22 in funds 31.3.24
£    £    £   
Unrestricted funds
Unrestricted Funds 883,905 (124,794 ) 759,111

TOTAL FUNDS 883,905 (124,794 ) 759,111

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
Unrestricted Funds 182,402 (292,018 ) (15,178 ) (124,794 )

TOTAL FUNDS 182,402 (292,018 ) (15,178 ) (124,794 )


THE COMMUNITY OF RECONCILIATION AND
FELLOWSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

14. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st March 2024.