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Registered number: NI642631
Charity number: NIC 108870
THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
CONTENTS
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Reference and administrative details of the Company, its Trustees and advisers
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Independent examiner's report
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Statement of financial activities
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Income and expenditure account
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Notes to the financial statements
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Caroline Somerville, Chief Executive
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Company registered number
NI642631
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Charity registered number
NIC 108870
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Registered office
123 Stramore Road, Craigavon, BT63 5JZ
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Accountants
UHY Hacker Young Fitch, Suite 2.06, Custom House, Custom House Square, Belfast, BT1 3ET
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Page 1
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their annual report together with the financial statements of the The Grange Christian Retreat Limited for the 1 January 2024 to 31 December 2024. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
The Grange Christian Retreat Limited (The Grange) is established for the following Charitable objectives:
1. The advancement and promotion of the Christian faith for the benefit of the public in Northern Ireland and throughout the United Kingdom.
2. The advancement of education for the benefit of the public in accordance with the charity’s Christian beliefs in Northern Ireland and throughout the United Kingdom.
3. The relief of those in need for the benefit of the public by reason of youth, ill-health, disability, financial hardship or other disadvantage in Northern Ireland and throughout the United Kingdom.
b. Strategies for achieving objectives
•Provision of a venue for running and organising Christian day retreats, including use of a biblical garden for spiritual contemplation and provision of a venue for pastoral care and restoration.
•Running and organising Christian day retreats and providing pastoral care in association with Christian leaders and attendees.
•Provision of valuable venue space for running Bible studies and learning, and to educate the beneficiaries in furtherance of the Christian faith.
•Provision of a study-space for sermon and other writing including use of a biblical garden.
•Running and organising Bible studies in association with Christian teachers and educators.
•Provision of a space for those in need of physical, mental and spiritual rest and peace.
•Facilitation of social and horticultural therapy for physical, mental and spiritual health benefits.
•The running of two types of horticultural therapy: Active Gardening Therapy and Passive Gardening Therapy
c. Activities undertaken to achieve objectives
During the year The Grange continued to invest in building its core infastrastructure through continued works on the Biblical Garden and the venue and facilities needed to host groups for Christian day retreats, and was pleased to welcome visitors to the Biblical Garden during the year This includes provision of a space for Bible studies and learning and for horticultural therapy as part of the charitable objectives.
Page 2
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
Achievements and performance
a. Main achievements of the Company
The Trustees view The Grange as a non-denomintiational Christian retreat centre. Furthering the aims, objects and work of the Christian faith is central to the The Grange's values and ethos and The Trustees wish to see that the centre is utilised as a venue by a wide range of stakeholders especially those in need.
During the year we continued to invest in our core offering and build relationships with groups and organisations we feel we could offer our services to.
The Trustees are willing to work with and provide assistance and services to any similar charitable organisation.
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
b. Reserves policy
The Trustees assess the level of reserves on a continual basis to ensure that they are able to meet any
commitments that could easily arise.
Structure, governance and management
a. Constitution
The Grange is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association dated 9th December 2016. The most recent Articles of Association were adopted on 19th April 2021.
The Grange is registered with the Charity Commission for Northern Ireland under number NIC108870 and accepted by HMRC as a charity under number NI01240.
b. Methods of appointment or election of Trustees
The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.
c. Organisational structure and decision-making policies
The Board of Trustees are responsible for all aspects of corporate governance within the company. They meet a minimum of four times a year to define and agree strategic priorities for the charity, monitor progress and review the resources available to sustain the company. The day to day running of the charity is carried out by the Caroline Somerville.
The board continues to regularly review any major risks arising from or impacting on the activities of the charity. The Trustees are satisfied that the major risks identified have been adequately mitigated where necessary and consider that the financial systems and controls in place are appropriate to the size of the charity and the nature of its operations. A formal risk analysis covering all areas of The Grange is in the process of being carried out which will enable the board to better identify and implement reporting and controls for relevant risks.
Page 3
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
Members' liability
The Members of the Company guarantee to contribute an amount not exceeding £1 to the assets of the Company in the event of winding up.
Statement of Trustees' responsibilities
The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
∙select suitable accounting policies and then apply them consistently;
∙observe the methods and principles of the Charities SORP (FRS 102);
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 25 September 2025 and signed on their behalf by:
Caroline Somerville
Trustee
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Page 4
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Independent examiner's report to the Trustees of The Grange Christian Retreat Limited
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I report on the financial statements of the company for the year ended 31 December 2024 which are set out on pages 7 to 18.
Respective responsibilities of charity Trustees and examiner
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As the company's trustees (and also the directors of the company for the purpose of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the company is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to:
∙examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008;
∙follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act; and
∙state whether particular matters have come to my attention.
Basis of independent examiner's statement
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I have examined your company accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
My examination included a review of the accounting records kept by the company 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 you as company trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
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that accounting records were not kept in accordance with section 386 of the Companies Act 2006;
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that the accounts do not accord with those accounting records;
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that the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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);
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that there is further information needed for a proper understanding of the accounts to be reached.
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Independent examiner's statement
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I have completed my examination and have no concerns in respect of the matters (1) to (4) 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.
This report is made solely to the company's Trustees, as a body, in accordance with section 65(3)(a) of the Charities Act (Northern Ireland) 2008 and regulations made under section 66 of that Act. My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report.
Page 5
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Signed: Dated: 25 September 2025
Michael Fitch Chartered Accountants Ireland
UHY Hacker Young Fitch
Suite 2.06
Custom House
Custom House Square
Belfast
BT1 3ET
Page 6
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
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Total funds brought forward
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Total funds carried forward
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The Statement of financial activities includes all gains and losses recognised in the year.
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The notes on pages 11 to 18 form part of these financial statements.
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Page 7
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
SUMMARY INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Gross income in the reporting period
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Net expenditure for the reporting period
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The notes on pages 11 to 18 form part of these financial statements.
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Page 8
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
REGISTERED NUMBER: NI642631
BALANCE SHEET
AS AT 31 DECEMBER 2024
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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Net liabilities excluding pension asset
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The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 25 September 2025 and signed on their behalf by:
Caroline Somerville
Trustee
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Page 9
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
REGISTERED NUMBER: NI642631
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
The notes on pages 11 to 18 form part of these financial statements.
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Page 10
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The Grange Christian Retreat Limited is a limited company, registered in Northern Ireland under number NI642631.
The company's registered office is 123 Stramore Road, Craigavon, Northern Ireland, BT63 5JZ.
The company is a registered charity and its principal operating activities are disclosed in the Trustees' Report.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Grange Christian Retreat Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
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Tangible fixed assets and depreciation
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Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Page 11
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
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Tangible fixed assets and depreciation (continued)
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Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
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Assets under construction
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Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
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Liabilities and provisions
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Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.
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Income from donations and legacies
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Page 12
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
3.Income from donations and legacies (continued)
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Analysis of expenditure on charitable activities
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Advancement of the Christian Faith
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Advancement of the Christian Faith
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Analysis of expenditure by activities
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Activities undertaken directly
2024
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Advancement of the Christian Faith
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Page 13
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
5.Analysis of expenditure by activities (continued)
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Activities undertaken directly
2023
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Advancement of the Christian Faith
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Independent examiner's remuneration
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Fees payable to the Company's independent examiner for the independent examination of the Company's annual accounts
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Fees payable to the Company's independent examiner in respect of:
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All other services not included above
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Trustees' remuneration and expenses
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During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).
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During the year ended 31 December 2024, no Trustee expenses have been incurred (2023 - £NIL).
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Page 14
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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Assets under construction
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Creditors: Amounts falling due after more than one year
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Financial assets measured at fair value through income and expenditure
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Financial assets measured at fair value through income and expenditure comprise cash at bank.
Page 15
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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Statement of funds - current year
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Balance at 1 January 2024
£
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Balance at 31 December 2024
£
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General Funds - all funds
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Page 16
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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Statement of funds (continued)
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Statement of funds - prior year
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Balance at
1 January 2023
£
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Balance at
31 December 2023
£
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General Funds - all funds
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Summary of funds - current year
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Balance at 1 January 2024
£
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Balance at 31 December 2024
£
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Summary of funds - prior year
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Balance at
1 January 2023
£
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Balance at
31 December 2023
£
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Page 17
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THE GRANGE CHRISTIAN RETREAT LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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Analysis of net assets between funds
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Analysis of net assets between funds - current period
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Creditors due in more than one year
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Page 18
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