**REGISTERED COMPANY NUMBER: 02868750 (England and Wales) REGISTERED CHARITY NUMBER: 1029526**
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 July 2022
for
Basingstoke ITEC Limited
Turner & Co Chartered Accountants 10a White Hart Parade London Road Blackwater Camberley Surrey GU17 9AD
Basingstoke ITEC Limited
Contents of the Financial Statements for the Year Ended 31 July 2022
||Page|
|---|---|
|Reference and Administrative Details|1 to 2|
|Report of the Trustees|3 to 8|
|Independent Examiner's Report|9 to 10|
|Statement of Financial Activities|11|
|Balance Sheet|12 to 13|
|Notes to the Financial Statements|14 to 20|
|Detailed Statement of Financial Activities|21 to 22|
Basingstoke ITEC Limited
Reference and Administrative Details for the Year Ended 31 July 2022
**TRUSTEES** Ms C B Flower (resigned 19.10.21) M Jones H Putty P Richards (resigned 24.8.22) Ms M A Robins Ms M L Hart M Garvey (appointed 6.9.22) J D Lance (appointed 28.2.23)
## **COMPANY SECRETARY**
M Roberts
## **REGISTERED OFFICE**
Desklodge Belvedere House Basing View Basingstoke Hampshire RG21 4HG
**REGISTERED COMPANY** 02868750 (England and Wales) **NUMBER**
## **REGISTERED CHARITY** 1029526 **NUMBER**
## **INDEPENDENT EXAMINER** Turner & Co
Chartered Accountants 10a White Hart Parade London Road Blackwater Camberley Surrey GU17 9AD
## **SOLICITORS**
Clarke & Son Manor House 8 Winchester Road Basingstoke Hampshire RG21 8UG
Page 1
Basingstoke ITEC Limited
Reference and Administrative Details for the Year Ended 31 July 2022
**BANKERS** Metro Bank Unit 1 Chiswick House Festival Place Basingstoke RG21 7LD
Page 2
## Basingstoke ITEC Limited
Report of the Trustees for the Year Ended 31 July 2022
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 31 July 2022. 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).
Page 3
Basingstoke ITEC Limited
Report of the Trustees for the Year Ended 31 July 2022
## **OBJECTIVES AND ACTIVITIES Objectives and activities**
The Charity's aims, and differences it seeks to make through its activities
The advancement, education and training of young people (and the upskilling of older workers) through the development of their IT and business skills thus providing a solid foundation for their future careers
The Charity's strategies for achieving these aims
Supporting the recruitment and training of apprentices for learners in skill shortage areas such as IT and business-related areas.
The advancement, education and training of adults on selected courses only (from the above income sources). We will provide enrichment training courses in addition to the apprenticeship requirements. Including mental health, sexual health, sexual harassment and career development Achievement of these objectives encourages employers to retain apprenticeship learners and to integrate them into their companies. Allowing companies to retain and grow allow us to draw down planned Education and Skills Funding Agency ("EFSA")
Maximising EFSA funding and procuring income from levy payers, non-procured and procured contract, through the newly implemented digital employer accounts , through levy transfer, and through West Berkshire Training Contract.
The significant activities undertaken to contribute to the achievement of the aims and objectives The company trains and finds employment for approximately 60 apprentices and trainees each year in Information communication technician, IT solutions, Cyber Security, Digital Support technician, IT Salesperson, Business Administration, and Digital Marketing.
The directors have paid due regard to guidance issued by the Charity Commission in deciding what activities the company should undertake.
The measures it uses to assess success against aims
The achievement and performance of the strategic priorities, aims and objectives are reviewed at board meetings and measured against the ESF A contract and associated agencies performance measures.
The company is funded by the ESFA depending on how many apprentices are recruited by the employers we create relationships with. Additionally, we draw income for the traineeship programme which is funded by the ESFA. The amount we can draw down for this programme depended on the success of the previous year and current DWP policies. All Apprenticeship standards have different funding levels which are decided by the ESFA in consultation with Ifate. Completion Rates -a completion is a learner who completes all aspects of their training programme, and pass their EPA (end point assessment) and where required Functional skills.
The organisation has a strategy document in place which sets out the steps needed to achieve its aims and objectives, including targets for tendering, recruiting apprentices and trainees, both levy and non-levy, obtaining transfers of unspent levy funding and maximising funding from the traineeship programme. The board review progress against these targets monthly.
The organisation has a marketing strategy which sets expectations for the regular business development activities and promotion of the ITEC brand to levy and non-levy employers including a social media strategy, and continuous development of the website. The board review progress against these targets quarterly.
Page 4
Basingstoke ITEC Limited
## Report of the Trustees
for the Year Ended 31 July 2022
## **OBJECTIVES AND ACTIVITIES**
## **Public benefit**
Since the pandemic, all promotions of our services have been delivered in a hybrid of face to face and remotely to schools, colleges and universities across Basingstoke and the wider geographical network that we serve.
During 2020/2021 we continued to use our hardship fund to support all unemployed young learners, this included money for interview and work clothes when starting work and money when the learner gained employment to help with switching to a monthly salary.
The achievement of our aims has enabled us to meet the charity's legal purposes.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The aims of the company in training young people were vigorously pursued in line with our objectives and those of the Education and Skills Funding Agency. 56 learners were enrolled during the accounting period. Although the number of enrolments are slightly down this is offset by higher funding levels for each enrolment.
46% of new learner starts is repeat business. 27% of our starts are from levy paying organisation and 73% from SMEs.
The overall completion rate for this accounting period is 65.4%; this is compared a national average of 51%.
Our retention rate 62% is compared to the national average of 53%. This is distorted by low numbers Digital Marketer for example has a retention rate of 86% , but IT salesperson and Infrastructure have a retention rate of 33%.
Our pass rate of 92% is less than the national average of 97%.
## **FINANCIAL REVIEW**
## **Financial position**
Against the backdrop of limited resources and uncertainties over funding, it is difficult to plan more than one year ahead. At the year end the company had net assets of £169,070 and made a deficit of £23,867 (2021 £63303). Accordingly, the Board of Management have had regular monthly meetings and are confident that the outlook is more positive for the coming year
Page 5
Basingstoke ITEC Limited
Report of the Trustees for the Year Ended 31 July 2022
## **FINANCIAL REVIEW**
## **Reserves policy**
The reserves policy for the company is to hold 6-8 month's expenditure as free reserves. Currently reserves are within this range.
There are two sources of funding: Education Skills Funding Agency
Around 82% of our funding comes from the ESFA, this funding is paid on the number of learners in training and the outcomes of these learners.
Employers
Employer contributions count for approximately 1.7% of our annual income and we received approximately.
10.7% of income through delivery of subcontracted contracts.
The company plans continuing the activities outlined above in the forthcoming years subject to satisfactory funding arrangements.
The directors meet quarterly and are updated regularly on the surplus and deficit and the effects of the new funding and are confident of that although the next year might be challenging the projections are looking favourable and will be constantly monitored.
## **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.
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.
The organisation is a registered charity number 1029526 started in 1984 and incorporated on 3 November 1993.
The company was established under a Memorandum and Articles of Association, which set out the objectives and rules of the company. In the event of the company being wound up members are required to contribute an amount not exceeding £1.
The directors who served during the year and up to the end of the year were as follows:
Mrs Maxine Hart
Mr Michael Jones Mrs M A Robins Mr H Putty Mrs Melanie Roberts Mr Matt Garvey
Page 6
Basingstoke ITEC Limited
Report of the Trustees for the Year Ended 31 July 2022
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of directors**
Method of recruitment of directors
The directors of the company are also the trustees for the purpose of Charity Law. The company is governed by a Board of Management. Members are elected to serve for a period of one year after which they must be re-elected at the next Annual General Meeting.
Recruitment of new members is carried out by the existing members and the aim is to include a balance of members, for example: business, local council and other interested parties. We also try to ensure we represent the community in terms of equality and diversity.
Qualifying third party indemnity provisions
The company has made qualifying third party indemnity provisions for the benefit of its directors during the year. These provisions remain in force at the reporting date.
## **Organisational structure**
At present Basingstoke ITEC Limited has a Board of Management of six members (2021 - five), which includes the Chair. The Board of Management have delegated the day-to-day responsibilities of the company to the manager (Mr Mark Hammond).
The Board of Management meets every quarter, and the Chairman meets with the manager every four weeks to discuss day to day issues.
Page 7
Basingstoke ITEC Limited
Report of the Trustees for the Year Ended 31 July 2022
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Induction and training of new trustees**
All new members attend induction training, which is carried out by the manager of the company. This includes the following:
Background of the company
Obligation of Board of Management Committee Members
Accounts
Current statistics
Safeguarding Training
Criminal and DBS checks
Strategic and Marketing aims
## **Future plans and objectives (Business Plan)**
New members will also be invited to meet the learners to gain a good understanding of our client base and their needs.
## **Related parties**
Most funding is received from central Government (via the Education Skills Funding Agency). This is the main partner of the company. Other parties are local employers who work with our learners and the local council
Basingstoke and Deane Borough Council.
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................................
M Roberts - Secretary
Page 8
Independent Examiner's Report to the Trustees of Basingstoke ITEC Limited
## **Independent examiner's report to the trustees of Basingstoke ITEC Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2022.
## **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.
Page 9
Independent Examiner's Report to the Trustees of Basingstoke ITEC Limited
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of FCA which is one of the listed bodies.
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.
Margaret Turner FCA Turner & Co Chartered Accountants 10a White Hart Parade London Road Blackwater Camberley Surrey GU17 9AD
Date: .............................................
Page 10
## Basingstoke ITEC Limited
## Statement of Financial Activities for the Year Ended 31 July 2022
|31.7.22
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS**
**FROM**
**Charitable activities**
Charitable activities
405,637
Investment income
2
-
Other income
-
**Total**
405,637
**EXPENDITURE ON**
Raising funds
300
**Charitable activities**
Support costs
-
Charitable activities
429,204
**Total**
429,504
**NET INCOME/(EXPENDITURE)**
(23,867)
**RECONCILIATION OF FUNDS**
Total funds brought forward
192,937
**TOTAL FUNDS CARRIED**
**FORWARD**
169,070|31.7.21
Total
funds
£
334,024
1
59,708
393,733
-
-
457,036
457,036
(63,303)
256,240
192,937|
|---|---|
The notes form part of these financial statements
Page 11
## Basingstoke ITEC Limited
## Balance Sheet
31 July 2022
|31.7.22
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
7
1,536
**CURRENT ASSETS**
Debtors
8
51,619
Cash at bank
159,503
211,122
**CREDITORS**
Amounts falling due within one year
9
(43,588)
**NET CURRENT ASSETS**
167,534
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
169,070
**NET ASSETS**
169,070
**FUNDS**
10
Unrestricted funds
169,070
**TOTAL FUNDS**
169,070|31.7.21
Total
funds
£
2,019
43,514
194,169
237,683
(46,765)
190,918
192,937
192,937
192,937
192,937|
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 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 notes form part of these financial statements
continued...
Page 12
## Basingstoke ITEC Limited
Balance Sheet - continued 31 July 2022
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 ............................................. and were signed on its behalf by:
.............................................
M L Hart - Trustee
The notes form part of these financial statements
Page 13
Basingstoke ITEC Limited
Notes to the Financial Statements for the Year Ended 31 July 2022
## **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.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|Fixtures and fittings|- 20% on cost|
|---|---|
|Computer equipment|- 33% on cost|
## **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.
continued...
Page 14
Basingstoke ITEC Limited
## Notes to the Financial Statements - continued
for the Year Ended 31 July 2022
## **1. ACCOUNTING POLICIES - continued**
## **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. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||31.7.22|31.7.21|
||£|£|
|Deposit account interest|-|1|
||||
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||31.7.22|31.7.21|
||£|£|
|Depreciation - owned assets|669|1,814|
|Other operating leases|38,559|31,731|
## **3. NET INCOME/(EXPENDITURE)**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 July 2022 nor for the year ended 31 July 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 July 2022 nor for the year ended 31 July 2021.
Page 15
continued...
Basingstoke ITEC Limited
Notes to the Financial Statements - continued for the Year Ended 31 July 2022
## **5. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|||31.7.22|31.7.21|
|---|---|---|---|
||Administration|10|11|
|||||
||No employees received emoluments in excess of £60,000.|||
|**6.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**|**ACTIVITIES**||
||||Unrestricted|
||||fund|
||||£|
||**INCOME AND ENDOWMENTS FROM**|||
||**Charitable activities**|||
||Charitable activities||334,024|
||Investment income||1|
||Other income||59,708|
||**Total**||393,733|
||**EXPENDITURE ON**|||
||**Charitable activities**|||
||Charitable activities||457,036|
||**NET INCOME/(EXPENDITURE)**||(63,303)|
||**RECONCILIATION OF FUNDS**|||
||Total funds brought forward||256,240|
||**TOTAL FUNDS CARRIED**|||
||**FORWARD**||192,937|
Page 16
continued...
## Basingstoke ITEC Limited
Notes to the Financial Statements - continued for the Year Ended 31 July 2022
## **7. TANGIBLE FIXED ASSETS**
|Fixtures
and
Computer
fittings
equipment
£
£
**COST**
At 1 August 2021
1,166
18,256
Additions
-
186
At 31 July 2022
1,166
18,442
**DEPRECIATION**
At 1 August 2021
1,166
16,237
Charge for year
-
669
At 31 July 2022
1,166
16,906
**NET BOOK VALUE**
At 31 July 2022
-
1,536
At 31 July 2021
-
2,019
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.7.22
£
Trade debtors
40,318
Prepayments
11,301
51,619|Totals
£
19,422
186|
|---|---|
||19,608|
||17,403
669|
||18,072|
||1,536|
||2,019|
||31.7.21
£
33,702
9,812|
||43,514|
continued...
Page 17
## Basingstoke ITEC Limited
## Notes to the Financial Statements - continued for the Year Ended 31 July 2022
|**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.7.22
£
Trade creditors
12,709
Social security and other taxes
-
Other creditors
-
Accruals and deferred income
4,575
Accrued expenses
26,304
43,588|31.7.21
£
2,066
6,915
1,162
4,525
32,097|
|---|---|
||46,765|
**10. MOVEMENT IN FUNDS**
|At 1.8.21
£
**Unrestricted funds**
General fund
192,937
**TOTAL FUNDS**
192,937
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
405,637
**TOTAL FUNDS**
405,637|Net
movement
At
in funds
31.7.22
£
£
(23,867)
169,070
(23,867)
169,070
Resources
Movement
expended
in funds
£
£
(429,504)
(23,867)
(429,504)
(23,867)|
|---|---|
continued...
Page 18
## Basingstoke ITEC Limited
## Notes to the Financial Statements - continued
for the Year Ended 31 July 2022
## **10. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.8.20
£
256,240
256,240|Net
movement
in funds
£
(63,303)
(63,303)|At
31.7.21
£
192,937|
|---|---|---|---|
||||192,937|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
393,733
393,733|Resources
Movement
expended
in funds
£
£
(457,036)
(63,303)
(457,036)
(63,303)|
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.8.20
£
256,240
256,240|Net
movement
in funds
£
(87,170)
(87,170)|At
31.7.22
£
169,070|
|---|---|---|---|
||||169,070|
continued...
Page 19
Basingstoke ITEC Limited
## Notes to the Financial Statements - continued
for the Year Ended 31 July 2022
## **10. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
799,370
799,370|Resources
Movement
expended
in funds
£
£
(886,540)
(87,170)
(886,540)
(87,170)|
|---|---|---|
## **11. RELATED PARTY DISCLOSURES Remuneration of key management personnel**
The remuneration of key personnel is as follows: 2022 2021 £ £ Aggregate compensation 50,407 49,500
Page 20
## Basingstoke ITEC Limited
|Detailed Statement of Financial Activities
for the Year Ended 31 July 2022
**INCOME AND ENDOWMENTS**
**Investment income**
Deposit account interest
**Charitable activities**
Commercial trading
Co-investment cost for training services
Education & skills funding agency grants
Government employers incentive
income
**Other income**
Furlough grant received
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Bad debts
**Support costs**
**Management**
Wages
Social security
Pensions
Rent re operating leases
Insurance
Telephone
Printing, postage & stationery
Advertising
Office supplies
Trainee allowance & other training
related costs
Carried forward|31.7.22
£
-
42,486
6,709
349,442
7,000
405,637
-
405,637
300
185,263
63,009
12,653
38,559
3,972
3,288
334
3,149
2,010
21,904
334,141|31.7.21
£
1
27,445
6,207
292,372
8,000|
|---|---|---|
|||334,024
59,708|
|||393,733
-
272,943
21,165
5,336
31,731
4,738
3,628
1,812
3,251
2,306
25,718
372,628|
This page does not form part of the statutory financial statements
Page 21
## Basingstoke ITEC Limited
Detailed Statement of Financial Activities for the Year Ended 31 July 2022
|**Management**
Brought forward
Staff training
Premises costs
Repairs & maintenance
Travel costs
Subcontract costs
Hardship fund
Bank charges
Computer running costs
Subscriptions
Staff welfare
Government employers incentive
expenses
Depreciation of tangible and heritage
assets
**Governance costs**
Accountancy
Legal and professional
Independent examination fee
Total resources expended
**Net expenditure**|31.7.22
£
334,141
2,726
-
-
3,728
3,018
332
166
8,094
2,172
1,902
7,500
1,131
364,910
386
60,908
3,000
64,294
429,504
(23,867)|31.7.21
£
372,628
1,888
5,631
2,822
794
36,385
8
180
5,906
3,833
819
7,500
1,032
439,426
361
14,249
3,000
17,610
457,036
(63,303)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 22