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2025-08-31-accounts

REGISTEREO CHARITY NUMBER: 1022820 Huckn•ll Pre-school Pl•ygroup •nd Nucknall N•tlonal Out of School Club Charlty Thumber 1022820 Accounts for th• y••r •nd•d 31 August 2025 Clayton & Brewill Chartered Accountants Cawley House 149-155 Canal Street Nottingham Nottinghamshire NGI 7HR

Hucknall Prtrschool PI•ygroup and Hucknall N•tional Out of School Club Report of the Trustee• for the year ended 31 August 2025 The trustees present their report with the flnanclèl statements of the charfty for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities prepann9 their ac¢ounts in accordance with the Finantial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I January 2019). REFERENCE A14D ADMINISTRATIVE DETAILS Reglstered Ch•rlty number 1022820 Prlnclpal Jddruj Watnall Road Baptt5t Church Watnall Road Hucknall Nottingham NC.IS 7LD Trustees Ms E Walker Ms A Gamble M5 V Robinson-smlth Ms E Szolin-jones Ms E Lane Ms K M Hernslev Ms E kott Xnd¢pend•nt ex•mln•r Clayton & Brewill Chartered AccoLbntants Cawley House 149.155 Canal Street Nottingham Nottinghamshlre NGI 7HR STRUCTURE. GOVERPIAIICE AND MANAGEMENT Governlng document The charity is controlled by Its goverrtng document, a deed ol trust. and C¢Jnstitutes an unlncorporated charlty. Rl•k m•n•gem•nt The trustees have a duty to Identify and review the rlsks to which the chanty is exposed ènd to ensure appropriate controls are in place to provlde reasonable assurance against fraud and error. Approved by order of the board of trustees on by.. lal.thlaa2£..... and slgned on its beha Trustee

Iiwl•¢￿￿•nt Examin•ei fteport to the Trust•e• of Hu¢kn•ll Pr•4¢hwl Pl4ygroup I report to the Charttv trustees on my exafflin•¥on of the accounts ol Hucknall Pre-school PI•y9roup (the Tftjstl for the year ended 31 August 2025. •wnMlblllil•B •Trd ba•lB ol r•port As the chanty trustees ol the Tnb5t ytyJ are reSponsi￿e for tr+e preparion ol the 4ccounts In accordance wlth th• r•qLJlr4•miTdnts ol Charitles Art ?01 l (Ih• Art,). I report In respert ol rny ex•min•tion of th• Trust's accourrts carried out under Sertion 145 of the Act and ill carryng out my ex•minatyM I hove loHowed au apptluble Dlrethons glven by the Chartty COMMIS￿On undtr Sertkn 145(Sllbl of the Act, ind•p•nd•nt •x•mln•r'• stst•m•rt Slnce your charfty'S gross Incorne exceeded £250.000 your exwnlner must be J rn￿ber of a Ilsted badv. I can confirm that l am Qualified to undertake the examlftatkn because l arn a rnwnber of the In5titutt of Chartered AccouThtants In England •nd Woks. whlch Is one Lrf the Ilsted bDd￿. I have completed my examinabm. I confirm that no rnatenal motters have come to my att￿tIOn In conn•thon lth the exami￿119n gl¥lng me cwse to belleve that in any matertal respett.. accountlnq recon1s wére not kept kn respect of the Tfust u requlred by SedSon 130 of the Act,. or the acc(wnts do ntst •¢cord Ihose records: or Ihe accounts do not ¢OrnFly wilh the ap￿1¢1￿1+ reouirEments crffirtvnino the ltym •ftd content crf )tt¢>uiits set gllt In tho Charttls (Accounts ond R•port%) R•gUla￿￿$ 2Q08 other th•n anv requlrement that the accounts 9lve a tnJe and fair vlew whlch is not a m•ttei consldtred as part ol n lftoependent e￿mIn•t1)n. I have no concem5 and have coffle Kross no matters m connertlon with the exbmin*ion to which •iten¥on 5hoknld be drawn ifi Ihls re￿rt In ordei EO enable a prop￿ yndèi StsndiAy (Jr ili¢ 4￿ul￿l￿ Lu re8thed. d•m AoBtance ACA aayton & Brewill Ch•rtered Accgunt•nts CJvAev Htwse 149.J55 L•n•l Street Nrttlngham Nottlnghamshire NGI 7MR O•te: i?/il /zo

Huckn•ll PrSrhool Pl•yqroup •nd Hucknall Natiortl Out Qf School Club Charity number 1022820 I￿ome and Expenditure Accounts for the yejr ended 31 August 2025 202411035 Our ol Pre.•¢hI￿1 5th001 cl￿ PI•¥sYo4 202312024 Out of Pte-•elY•ol $thwl Cl¥b Playqroup Tot•1 Tgtsl Op•MwJ Fw $4 575 Fees Furdinq Unilomi Furoratying B". e4JKfès4'Lbnch Req5trotion Fees Loyin %5V rebate srnerne MI1￿ Relund5 nis Interest MIS￿lIaneOuS 109,481 2.750 17.276 126.187 126.758 128,937 119 356 22 110.359 15,238 109,427 302 520 2CI 125,S96 109,4?7 302 520 262 356 22 394 394 500 1,023 139 139 soo i.J13 944 y4y 477 94 Wages & P41 keTht Premises M•inren•nct 48.817 3.967 660 32 123.5 19 222.396 92,468 97.134 .16Q 144 .Das 1fi9,602 1.?114 1.056 1,025 33 218 260 1.21C* 1.021 2.8l5 775 1.532 1.435 1.554 87 282 524 685 1.279 1,9S5 912 20 J3 127 loo 263 Commrttep Fee D85 rekphone Postaqe & Star￿nery Mltk Insur•nce b Membtnhip c.￿aning mate￿ Attlvilies IA2 8Q 70 91 60 947 1.ts21 1.521 399 2.D16 3.D63 844 276 444 615 1.279 997 503 1.486 958 ',8 1.366 989 2.624 422 130 1.294 13? 670 ?.85 1 3.8". 8 3.540 I.SS9 130 2.706 7.21 4,OJ6 347 62 Materials C)terirtg ra.ning tlank lees Advtrt4sing equlprr￿￿I F￿n￿raIsIng other 916 1.137 J.192 62 300 1.556 483 1.856 483 1.783 2,514 4.296 679 Jt8 Surglus/lOelLIti 35? 59 Approved by order of the board of trustee5 try.. and $19ned on Its behalf Trustee

Mucknall Prtrschool Play9roup and Hucknall Natlonal Out of School Club Charity number 1022820 Bal•nce Sheet for the y•ar end•d 31 Augujt 2025 202412025 202312024 cuAAtNT ASSETS Playgroup PiepayrnentS Current Account S•¥inos ACCO￿nE 1.795 66.985 70.475 58.079 70.375 139,255 128,454 Out ¢1 Sthool Cl PrepayTnent5 Current kcounr S•thgs kcount 6.980 40.406 58.?3l 46.697 51.751 106,117 9A,447 ¢AIDrro Pl•y•roup kcruak & delerred 12.695 12.69S Ch Accruab & delerTed 5.934 5.934 Nrr CllRAei4T ASSITS 742 22 pIEr ASSETS FUNDS Unrestrkted bjnls 206 742 22 P￿V9r0￿p Oui ol School Chjb 126,559 100.183 128,454 98.447 220 742 220 901 The nnanclal statements were approve(I by the Board of Trustees w ..iai.aAIxx............ and were slgned on Its befiall bv- Tnjstee

Hucknall Pre-school Playgroup Notu to the Fln•nd•l Statements lor the ye•r fjnd￿ 31 AugUt 2025 ACCOUNT114G POLICZES Ba•1 of preparing the flnanci•l statements The financial statement5 of the charity, whTrch 15 a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accountin9 and Repo￿n9 by Charities.. Statement of Recommended Practice applTrcJble to tharities preparing their accounts in accordance with the Financial Report4ng Standard applicable in the UK and Republic of Ireland IFRS 102) {effertive l January 20191,, Financlal Reportlng Stant1ard 102 The Finanoal Reportjng Standard applicable In the UK and Republic of Ireland. and the Charities Act 2DI l. The financial statements have been prepared under the historical cost convention. The charlty adopted the accruals accounting model in the pedod as a result ol reporting turnover exceedlng É250,000. Incom• All income Is recognlsed In the Statement ol Finandal Activities once the charlty has entitlement to the lunds. it Is probable thot the Income wlll be received and the amount can be measured reliably. Expendltvre Liabilities are recognised as expenditure as soon as there is a legal or construrtive obligatlL)n ornrnirting the Chanty to that expenditure. It Is probable that a transfer of economic beneflts wlll be required in settlement and the amount of the obligation can be measured rellably. Expensjiture Is accounted for on on accruals basis and has been c￿SSIfIed Under headlngs that Aggregate all cost related to the category. Where costs cannot be dirertly attributed to partlcular headlngs they have been allocated to actlvltles on a basls consistent wrth the use of resour¢es. Tax•tlon The charity is exempt trom tax on Its charltable activities. Fufid aceountlng Unrestncted lunds con be used In accordan￿ wlth the charltoble objectlves at the dlscretlon of the trustees. Restrirted fvn¢Js con only be used for particular restrirted purposes within the oblerts of the charity. Restrtrtlons arlse when specified by the donor or when funds are ra15ed for particular restricted purposes. Further explanation of the nature and purpose of each lund Is Induded the notes to the financlal statements, Hlr• purch••• and l••sln9 commltm•nts Rentals paid under operating lea5e5 are charyed to the Statement of Finantial Artlvltles on straight line basis over the perlod of the lease. INVESTMENT INCOME 3118125 3118124 Oeposlt account Interest 949 TRUSTEES, REP4U14ERATION APID BENEFfTS One trustee eamed £13.419 tn ihe period.

Mucknall Prtrschool Playgroup Motu to the Financial Statemerrts - Continued lor the ye•r ended 31 Augurt 2015 TRUSTEE5' REMU14ERATIOP4 ANO aEP4EFIT5 - contj'nued Trustees, expenses r40 exjenses Vlei e Paid to trusiees In Ihe period. STAFF COSTS The avefèqe monthly number of emplovees dunng the vear was a5 follows. 3118124 Staff 18 No employees received emoluments in excess 01 £60,000. RELA TED PARTY OISCL05VRE5 There were no rdated party Iransartions lor the yeor ended 31 August 2025. DEBTQRS: AMOUP4TS IALLING Dut WITMIII ONE YEAR 3118125 3118124 Prepayments 8.775 CAEDITOItS.. AMOUPITS FALLING OUE WETMI•I 014E YÉAR 3118125 3l,'8124 Other cre¢btors 18,630 MOVEP4eNT 114 FUIIDS e¢ movement In ftjnds At 119124 3118125 Unrestrirted tund• Plabgr )'.p Out of sthool 128.454 11,8951 126,559 IL)D IR3 226 901 226 742 TOTAL FUP4DS 226.901 22h,742 All funds are uniesttiLled

Hucknall Pre-school Playgroup and Hucknall National Out of School Club onR H cknall P The sloll team ai the Pre.Scnool Playgroup has Deen cfyismlenl thm year. a rthy Support Member of J14fl PIF %vas recnjrted. Comrnlttee mernbefg $UPPOrte¢J the glaff Iwth luDdfaising aciNibey The Chnglmag coastern %vere J successful fundroiser In Oecèmber2024 •kJvJ ivrtrt the ChfLthos namper rarne and coffee JI both the Cnslma$ and Sumrner shoirts. giall appfaisals ivere compleled duThvJ Ihe Sumpw tefm wth suixM51on i￿"r￿j Na¢1 In the Aulumn no Spring lerm siaff have allended and dt¥•lopiiKint couryes year. staff attend•d an lfi.Hous Padl4trf¢ F4rs1 course in the SprThJ DesJnJled Safeguard￿9 Lead and the Dewty bolh attended a refrsh•r nefvork ¥.ryth rekvani 15gutS D¢in9 on the a9eTrJa at staff mttbng siaff naN'e ai?0 attenaed neh.101Ig ooth Ixt lo lact arthl Tean￿ io ènsure that they are kept up lo Ojle en cThanGe the Se￿01 Th• Playgroup Fa¢•oook Mati)ta￿•0 * • memDw o13tJff u••d a• an page fof 41 Pre.Scnool Playgroup ¢¥eni day¥ and ffle95ages li r4 also used lo 8hovrJ paientg some ef tle aclil'ths lak￿n9 place i'¢ithin the Pre-S¢hod The gage M onfy lo parents ol cl¥ldTen attend the sety'ng. aTrJ the malor￿1 cl pareptg ale fr￿rth. ot the pa9e Wl• have offered parents i leth 1ppointn￿ftt thtyr cthld's Ke/perx￿ have alw fun termty Play Jna STag seswon•. wn•r• pai•nts h•v• ottn Yrtlcomebv Yrt4ch rf4 an annual evenl taking plact at me L¢¢•i Chur¢ Ttte ￿all team at th Out of S¢No¢i CluD h•$ been Co￿151eD[ year a new Suppty klembor ol staff Cme Was recwrtec io CO4¢f s￿￿￿0$8 ana Fund syere raiyed ttufmg me Chrlalmas per￿￿ a raffle and an epep e¥enlng. tth ivete beri successful and viell attendett viith the money raxed being Wl Ihe cost ol the Chrffjtma8 party staff ak¥)rals iY•r¢ ¢¢Trtyet¢d durir•g the Itrn iyth 9upervisir￿S iaknng Wce In Doth the Aubjmft and Sorino temi

staff ha¥e attended trainiig dtvwMnlcourses tr•$ yeai Time has been token to eVa￿at? impi% no #tr¢nglhell Doth prattice arJ knth'rted9e Mthin the durirrtj ¥lJff tra￿lty 9t$$￿$. A Facebook page Is mointjined fflemtT ol staff and CorY#mrtlea member rt IS Used as an mforrnabon pJge Yor OOS- parents gNbng detwL of evenl days an¢ •150 3htyA parents some of Ihe aetNities taksn9 place vAthJn tie OOSC The OOSC su¢ctslul ffi Dec(wne a 14olWamsl#rt Ctyjnty CMc"d HMF wovthr IIIoiKIJy8 'th%rfies ard Scrteme., HAF pfo¥bJes free hWKlJy club $essh)ns for cnthjren who ale +Th ieceipl of D¢nem rel•ie•J Irtt rneils. The do￿. ¢1 i¥Js In me Summer ana was extreme gu¢cessful M•ny ¢nii¢hmenl activibes ¥￿Ie affanged at the Out of Schocl MidudlNJ a ty) to the cinema beavers celebration for th YJf 6 chldr¢n. Chnsknas BreJkfast and Christynis P•ty. Of•thd La81 Inipecbcn dales Pre-scnool Ilay9Toup- ￿1 IQ021 ludp¢d u Good. vrtth the r•p¢rf Ii¥JhMghtrNJ Ih• hb)h quty 0fth¢ tt￿9 OOSC_ 12J07QO?4 as Mel, wrth the f•port hWwJhMQ tr•0 ex¢•l¢nt at Iho •ettlng. Thank you A thank you got5 Out lo ￿ cc#))mrfd•è Ttho Jttend m••dn91. Wp Yith fvndratsing and much mcfe bes*Jesl AJ>o Jn extra Ihaftk you lo our comfflltto• menthr• ¥ohJnt•ei in T¢l•s •￿th as Trnasurei and S•cr•l•ry- your ivort apyetsated

Hucknall Pre-school Playgroup aiid Huckl￿11 NatioN31 C￿1 of School Club AnrnAI Generol Aleétir9 - Iln N￿ernber 2025 Y¢Y ¢ndi 31SV A 2025 Treasuyrs clo￿Or BI%￿11 AC¢¢￿tonS will be 0th4itity the ac¢tyJnts for ". his fiTrJ￿lal ytov. This yeor the Pr¢-S¢hwl P￿r0￿ and <%rt of SclxJol Cldj s cornbintd I¥£0￿1$ show a sttwll bss of £158. Kknoll Pp•-S¢h••l This yelw the Pre-s£k￿l Pkngvrup kns Thjde o prof it of £1737. We hove assets of £126.599. with £70.474.88 of -.k,",$ held 14 lint with cwjp peservts policy to c¢rtn 3 F￿r.￿5 rn•vtirg (13 ond staff (thii omourt bs p¢viewed anr￿lly) Thi Mmbep of children dtttfyYir9 th4 PTry-S¢hool this oc•kni¢ year been hi9h.. all $￿S1Or¥ ￿¥¢ b¢ert full for rnost of the yew. ploces ore f illd i)y 3 ona 4 yw oia Gh4"Idrtn ort entitled to W Eaucollon Fundirwj or thi¥h we re£4iK on an￿￿r,1 f rom the council In exceu ol the PVic¢ of oLr xssi¢n 4¢u. I adai., ion ￿ hove sevelvl f¢m"Ilies 04 3 ona 4 yeovs q￿11Y1r￿ f or 30 furxlirs. olhou9h fyjt all of these toke the lull 30 how enTitWnt. We have xen an In the n￿be￿ 04 +ur4¢a 2 yw ¢SQi aytendirg b¢th rorn the 30 h¢ur fuftd+ryJ w￿￿1￿ pjrer.ty ovyj the 15 +v)fft +Lrdir4 owilable lor eli9itrle porer.T re£eiv¢rg certoir. ber.eits. W¢ ¢r4ourn9e all to a6¢¢￿ the Child¢oFe Ch¢1¢￿ ebsle to s¢e what +uThdirg ¢PPOrtunitieJ ,'lJble for them. This ye¢r we receSNvJ £126 187 in fundiTrJ. We ￿e1Ved £17 276 In fees from p¢Jren7$ eithtp i", h childrer. Who do r£", tydify eithe.- NfF or 2 yeAr f dr.41Tr3 or . f an..lies who F4Jy f or extro esion In odditoon to trh￿r entitlemefit and ¢JO Mt w)Iify for 30 fundirs. DUtrI￿ the ye4V £356.CO treen rolieo thro4h the Xle of sxpsonolisea Chrystnw (oosters thr¢ugh thc thrlstr•JS rnf+lt via coflto cokt n￿Ming$ the Chnstvfvjs ond shows. The Ppe-S&hool Pkny9ro4tp #pJpJors c £hilJ from 1Th4bJ thwh Wwld Vision olx) helps to SUFFQrt on t3uistanc¢ 009 f cr a chilo who has stvery oulisffk Ww 4evt iyKptostd ￿ 6.7% this y¢or'. this is Ir. liro With the percentiy irKreose to the lt10￿1 Livilg and ef fecti¥* +rtm April 2025 Fees were Increasec Ir. SepTembv 2024

GF p¢r $¢55ion th¢ 0 3 how s¢SSiOn to £9.￿) this ig help With the eA7Tr) c¢stx of nUMlr.9 the Pr¢-School Pkwoup Sew￿1 of our Vents &uy The"6ovorffn￿nl lax fty¢ <hildcar< scheme helpir4 ￿￿￿kirK￿ rents TQ on thelr ¢hi"Idc<Ye e¢s. we en¢ourn9e to look Into this ond Inf0vn￿lIort IS LP)r re95slrotpor. Pare417s ort ol) ODle to w ftty stroi9hT to our l)ank count*.. trKIry Pdren7s choost CPTILM.

This ywr the OOSC kns a loss of £1895. We knve ntt osset$ 07 £ico.L83. with £58.730.77 of this beiThJ In line ith I￿r reser¥e$ )IILy to c&ver 3 nw)r.ths (13 weeks) staTr r4durthnc¥ (ihJ"s att￿nt ia ¢viewed annwI￿) The Nmbers for the ¢1$￿ bem ￿0)d both the break4ast aftep xhool t1￿ ploces ope in With ￿￿$t xssiors beiThJ 4ull and a li￿ held. Nuffbers +or the k&)liday at the beginnirg of the f tr￿1￿1 yoy were ky•¢r tknr we Kuld ￿Ve lk¢d. We opplied ond were in the uppli¢otOn TO a pr(Jvider of Courty Council s WAF Pro9rwr.n (Aoliday oct4vITies ord éooc) ¥¥hich prcvioes hoii&Jy <lub pbces for hil¢r¢n whose ar5¢ if r¢ceipt ¢f b¢n¢f li rekted fr¢¢ s(hoel rne41s. )ufrn9 ihrt4 weeks of the Jmrv4n knlithys we ¢¢¢ept¢d Children Yhrwh The HAF Pro9ryknwne th4$ ￿ ¢xrremely S￿¢￿$$ful With the OOSC deii¥erin9 123 pkiGts ¥on which vrt received £2TrJ In f u￿1r4. We knve seer on Incryose In the ruwbev of chilerefj attenc ry the bolidry chjb do pc+ attev the 14u¢kTh]11 Scho¢1 We Lir pe9lSter¢d Ch51d¢4Ye v0￿h¢￿ Schelw ord the 6over•nertt Tax fre4 ¢hIk4￿￿e s¢heme helpiry orklr4 to ￿k£ Jvirys on theip chi5ecare f ees. Povents are also abl¢ to PJY tets strni9MT to our banx aLwffjts. the pxipniy of chty)se ihis optior.. The fundryjisity ot the OOSC tGk¢s place ourirg The Thn.stiw perlod. this Mis well sUP￿￿ed by the vents arki the Th)ney rnised IS Ltsed "o FW for Chri$tinas acYlvltle$ OTh4 the christ￿]$ wrty. Th¢ OOSC sponsors o pp)rt assisttytt do9. Wo9t% i￿reOSed by 6.7% this yoov.. this is in line with the pepcomtO9e Incronse to the hkYioTrJl oTrJ wos ¢rf¢ctib frow. Awil 2025. Fe¢$ for oll session wety Incpy4)xd In bepteinb¢p 2G24 -the Breakf(ut (Il￿ i￿11¢ased by 25p ttte Af ter School CILb by g)p orO the H¢lidoy Clth by £1 this in¢re4x ref I￿tI Inf hti¢n there4ore the ￿, rv ¢ost$ ￿￿￿£10￿ with the of the ()Jt o School a￿.

MrMam Rc6tw ClaYtC￿ & Chartwed kn?￿ntsnts Cthey Hwse 149155 C8n81 Street Notbngham NG17HR Dear Mr R(￿ts￿. Mnag•m•nt repr•••nt•tlon l•tt•r The lolw.ro rep￿￿tal￿ are made on the bass 0fenWri￿ atThl st2ff wih ￿￿vant knth￿edge aTh expeneThx suth as ￿ CfmSKlw necessary ￿lIh e￿InatiCffl cl ¢arity's finanaal atements f(Y the year ended 31￿ Augusl 2025. These erxw¥i8s have ithlol IrtsF￿￿ of SUFpNlr¥J documentation. % re made lo the ol (w kn￿e and bekf. G•ner•l Intemati￿OI Standards on IUKI and thal y(w do exwess an 2. We tyjnfirm Ihal the tharty VAS entijed to exwiptrm undw secb"crf1144 Chaiitses k£ 2011 the reqU￿eMent to have ts flnanua staternents tr the finan0 year 31MAugust 2025 amlltal. 4. We have fvlThled re5PCnYt4rts as bustees. as set (xrt ￿tterda1￿ 1# November 2024 under thè Chariti'es Acl 2011. FYeparir4J flnaroal ststwnwts wnh applicatrAe law and Unit8d Kingdc Accojntng Stand8rcls IUK Gonwaty kn•ed k£cAnting Pr&tsel, satsfie(I that they gwe a true and lair ￿eW and rnaking 8ccur8fy r9￿￿nI"C#ts to y￿. 5. AJ the trafisad￿ undertkn ty the ch•ty have re￿￿j and reculed m the 8￿£￿nts￿￿j records. 6. the acmjntwig recxKds have teen m8d8 awlat4e to the of y¢xx Inde[￿dent examln8tion. We have Yovided you wth unrestncted aLYe55 to 81 apwcwe Fel￿$ within ts charrty, y￿th 810lheT reccyds and related infcfmabon requesl&Y, minu& and Intsteé and oj1esF￿dWK ￿th the Ch81ity CCmmissM￿. 7. fin•rrAal 1&?￿18 are freo olmatwiol nM5Statwnwts, WKludKwJ c#niw¢yts. As••ts Ind Ilabllttl 9. The chanty has satisfacw bue io aN assets and Ihwe the Dlarws assets. ex¢ ts th that a￿ disdc6ed ￿ ihe note5 to the fiwti81 ststemnts. 10 AJI acbjal lia￿lties, ￿tiry8n1 baiml￿8$ WKI gwarrtee5 siven to thrd pt'es hwe be￿ ra)yded L¥ dlsdLwd as apprcpriale. 11. We have pkrs or that m8y nnaty dterthg carryvu vJkne4nd, retr4￿L Ihe fair V8Iu? A¢¢ountlng estlmats8 12. The ntrNyJs, data and swficant u1 by XIX￿ntiry estimat￿, and Iheir related dthures, are ar4xowate to athieve fectsJnrtKffi, nasurement d15(kn Ihat L8 in rLmlext ofthe applicat4e financial retMJ1iNJ framvh¥Xk. Legal dahns 14. We have dtsC￿￿d to Y￿ al d8w￿4 in oy1￿ tr￿e tew. c¢we exp&Xed to be, rtteNed and suth L•ws and r•gulatlons Related partles 16. Related paty rekts.¢y)th1￿ aThY have ￿0Yjn1&I disckwd in Ihe fmawal st8temwts. We have disc&)￿￿ to YC￿ al rdevrt Inf(fft18ti￿1 COKmry SLth r￿al￿￿thi￿6 and transath.ons and we r￿1 aware ofany Lther mattws wuire d￿Ch￿U￿ in crterto wJlat(ry, ￿ts13t￿e and a(£ounts'ng standard requirements.

acwjnted ftr aThJ dtsdosed. Golng concwn 18. We believe thal Ihe chwws financ4al stateAwts St￿￿￿ be CC￿￿?￿ bass cn Ihe grwnds ihat ￿rr￿n( and future source5 of fvnding C￿ SUFPYt be rn￿e &Jequate fcf Ihe need$. We abo (￿firn) fxw Flans f￿ fvrture actionlsl required lo the to c£ffjb"rKJe as a gcthg ctyKem ¥e feast4e. We h￿e cts)sdered a penod 0f￿fve mcffilhs fr(xn the date of arvoval of the finanoal staternenls. We tebeve Ihal Th) raL4t¥ig to the abilty to cnnb.nue as a g(xng tt)r£em need to te 1hÈffinaTh￿ s12tem￿. Grnnls and donatlons 19. AJI grants. dcThtK)n5 the Of￿ ts suL to have twi n¢Jified to C.fyJ(XLI(Lr............(..c.nLW..) tNan and p05rt￿￿] Stqned beh8W of Ihe board dth*tees