**To** ## **Trustees' Annual Report for the period** Period start date Period end date Day Day 1 January 2020 31 December 2020 **From** ## Section A Reference and administration details **Charity name** WORTHING MUSICAL COMEDY SOCIETY **Other names charity is known by Registered charity number (if any)** 1043845 **Charity's principal address** The Studio W M C S The Studio 2A the Drive WORTHING, West Sussex **Postcode BN11 5LL** **Names of the charity trustees who manage the charity** |**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---| |Victoria Scales|Chair||| |Lynn Fuller|Secretary||| |AmyHart|||| |Denis Fuller|||| |Alex Brown|Sales||| |Paige Blackman|||| |Elspeth Bunker|||| |Nicole Henman|Treasurer||| |Adam Knight|||| |PollyLewis|||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** **TAR** **2020** 1 ## **Names and addresses of advisers (Optional information)** **Type of adviser Name Address** **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document Constitution - (eg. trust deed, constitution) How the charity is constituted Association - (eg. trust, association, company) Trustee selection methods Elected at AGM - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **Summary of the objects of the charity set out in its governing document** The Charity is established to advance the education of the Worthing public in dramatic arts, particularly the art of music and drama, by the production of musical plays and to advance such charitable purposes as the Board of Management shall determine. Regular workshops for the youth company, supporting their learning in preparation for performance and participation in the local music festival. **TAR** **2020** 2 Meeting regularly twice each week to rehearse and instruct members in readiness for planned for performances. Attending local institutions – church, convalescent homes, hospices – to provide entertainment for residents/members and to promote the profile of WMCS. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** ## **Additional details of objectives and activities (Optional information)** **TAR** **2020** 3 You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. ## Section D Achievements and performance **TAR** **2020** 4 ## Section D Achievements and erformance p **Summary of the main achievements of the charity during the year** Due to the Covid pandemic both the Spring and Autumn productions were cancelled as was that for the Youth Company. The studio was not used from March onwards and there were no opportunities to meet or rehearse. **TAR** **2020** 5 ## **Section E Financial review** **Brief statement of the charity’s policy on reserves** The Charity operates on a non-profit making basis. Any surplus for a financial period is retained to be utilised by WMCS for the benefit of the society and its members. **Details of any funds materially in deficit** None ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** ## **Signature(s)** **Full name(s)** Lynn Fuller **Position (eg Secretary, Chair,** Secretary **etc)** 29/10/2021 **TAR** **2020** 6 REGisfERED CHARITY NUMBER: 1043845 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020 FOR WORTHING MUSICAL COMEDY SOCIETY Dalew(th Limited 103 Newland Road Worthing West Sussex BNI I ILB WORTHING MUSICAL COMEDY SOCIETY CONTENTS OF THE FINANCIAL STATEMENTS for the Ye4r Ended 3151 D¢¢emb¢r 2020 Page Report of the Trustees Independent ExAmlner's Report Statement of Flnantlgl Aetlwltles Balance Sheet Notes to the Flnancial Statements 6 ¢0 10 Detalled Statement of Flnanclal Actlvlties 11 10 12 WORTHING MUSICAL COMEDY SOCIETY REPORT OFTHE TRUSTEES for the Year Ended 31st December 2020 The trustees present their report with the financial statements of the charity for the year ended 3 Isi De¢¢mber 2020. The trustees have adopted the provisions of Accounting and Reponing by Chariiies.. Statement of Recommended Practice applicable to charities preparing their ac¢ounts in accordance with the Financial Reporting Standard applicable in th¢ UK and Republic of Ireland IFRS 102) leffeciive l January 2019). 0￿ECTIVEs AND AcfiviTIES Objeetlves Alms Tl)¢ ¢harity is established io advance th¢ educaiion of the Worthing publi¢ in dramatic arts, particulaTly the art of musical drama. by ihe production of musical plays. and io advance such charitable purposes as the Committ¢¢ shall detemiine. ACHIEVEMENT AND PERFORMANCE Charitable activities The Company usually produces and perforn)s ai least tsyo shows a y¢ar at the local Connaught Theatre. In addition additional Concert programm¢s may be produced from time to time. Due to Covid-19 and Government restri¢tion5 On large gatherings no productions were able io lake place in the year to 31 December 2020. It 15 believed that no performances will lake plac¢ in ihe year to 31 Dec¢mb¢r 2021 but this is being closely monitor¢d in line with Governmeni advice. Fundralslng actlyitles The majority of the Society'5 income 1$ from the sale of tickets for its rrtrforniance$. Other fund raisin8 activities may be promo¢¢d from time to time. Investment performance The Commiitee has the power to invest the Societys ￿ndS in Ony why the 1rn5tee5 wish. The trustees have regard for the liquidity requirement of operating ihe society and the reserves policy. They have operated g poliey of keeping funds with recognised High Streei Bank5. FINANCIAL REVIEW Reserves polley The Charity operates on & non-profil making basis. Any surplus for a financial period is retained to be Uiilised by the Charity for the benefit of the Sociery and its member5 and to ￿nd the main activity of the society namely the produ¢tion of theatrical perforniances. Fund5 In deficit There are no funds in deficit. It is the finan¢ig1 aim of the Board io $triv¢ to hav¢ in cash r¢serve5 the e5timar¢d cost of one entire production. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Charity was esiablished on 02nd February 1995 by the Members of Worthing Musical Comedy Society. Th¢ Charity 15 not incorporated but is governed by a written constitution availabl¢ to all members. Recruliment and appolntment ofnew trustees All membeT5 are circulated with an invitation to nominate management ¢ommittee membersltrustees prior to the nexi Annual General Meeting IAGM). They are advised of retiring board meMber￿truSteeS and requesting new nominations for the AGM. CurreThi Trusiees have the righi io invite new trustees with iheir appointment conflrmed at the next AGM. The officers and board members are elected or appointed on an annual basis. The AGM is held in the month of June each year. Organisational structure The Committee can have up 10 12 m¢mbers and administer5 the charitylsociety- The committee meets monthly. A chairnian is appoinied at the AGM and oversees day to day operations of the charity. to facilitate effective operations th¢ Chairnian can delegate authority for operdtional matters. Page I WORTHING MUSICAL COMEDY SOCI REPORT otr ThE TRUSTEVS for tb¢ Ye*r £Mdtd 3111 Drembff 202• s'rRucfuR& GOVERNANCE A.YD MANAGEME Indu¢tlon *nd trthlni •futw New I￿tte* hold an initial meaing as alltr tht AGM as to bt the ￿1¢¢$ or Ili¢ Svciery. Reknied pprtl The S(KjL?iy owrts the ¢niiT¢ ihoff of WLYdMry mw1￿1 limi*d. This COMp￿Y does not Ir6d¢ bui (iwns the freeknld iu the company f¥ilities. The is knkinB 10 irnosfer the frcellold ownership b#rk Lhariiy ￿ lon¥ my I￿111￿¢* All Tnssiees aye alw memkn orth¢ Society •r#l So¢1¢t￿s frKiliiia xYwdin81y. REPF.RENC£ AND ADMINIThTIVE DEfAIiS Rrylmtred Clwlty A#*ber I¢MJ845 Prl*l •ddre ?th Tk Drive Worthin Wui Sus BNII SLL TruAees D Fullcr Mr5 L F￿1¢r MTS E L BurdL¢r Mi¥4AH Mr¥VS A BTVWD Mi•s P Blacknmn N Henm Mi35 P [*￿1 J Knight lfidtptMde¥¢ Ex•*l•Er DAl¢wrod L1rni￿d 103 Newla￿j Road Wvrthu we￿ SusKX BNII ILB Bank Sanrath Bwk Appmved hy urder of the of trustses on...-............. . . ¢M its bEh￿r by: MrnLFu INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF WORTHING MUSICAL COMEDY SOCIETY Independent ex8rniner's re￿rt to the trustees of Worthing Musical Comedy Society l Teport 10 the charity trustees on my exarnination of the accounts of Worthing Musical Comedy s￿iety (the Trust) for the year ended 31st December 2020. Responsibilitits and basis of report As the charity trustees of Ihe Trusr you are responsible for th¢ preparation of the a¢¢ounts in accordance with the T¢quiremenis of the Charities Act 2011 I'ih¢ A¢i'). I report in respect of my examinaiton ofthe Trusfs accounts Ca￿led (wt under section 145 of the Act and in carrying out my examination I have followed all applicable Direction5 given by ihe Charity Commission under section 14515)Ib) of the Aci. Independent examiner's statement I have compl¢t¢d my examination. I confirn1 that no materhal matters have come to my att¢nlion in connection with the examination giving m¢ ¢aus¢ to believe thai in any material r¢5P¢¢t: ac¢ountin8 records were not kept in respect of the Tft￿ as required by g¢ction 130 of the A¢¢- or the accounts do noi accord with those records. or the occounts do noi comply with the applicable requirements concernin8 the forni anil ¢onient of accounts Set out in the Charities IAccouniS and Reports) Regulaiions 2008 other than any requirement that (h¢ accounts give true and fair view which is not a matter considered as pan of an independent examination. I have no concern5 and have come acro$$ no other matters in conne¢¢iort wilh ihe examination to which attention should be drawn in ihis report in order to enable a proper understhnding of the a¢¢ounts io be reached. Victoria Mason FCCA Dalewood Limited 103 Newland Road Worthing West Sussex BNII ILB Date.. 22107 1£1 WORTHING MUSICAL COMEDY SOCIETY STATEMENT OF FINANCIAL AcfiviTIES for the Year Ended 315t December 2020 31.12.20 Unrestri¢ted fimds 31.12.19 Total nds Notes INCOME AND ENDOWMENTS FROM Donation5 and legacies 3.175 2,525 Charitable A¢tlvltles Choir Spring Show Auiumn Show Other Charitable Activites 80 4.577 38.951 61,781 13,802 Oth¢r trading activitie5 14,891 11.004 Total 36,525 114,261 EXPENDITURE ON Raising ￿ndS 7,431 5,302 Ch4rltAble aetlvlllej Choir Spring Show Autumn Show Governance costs 210 6,630 968 1.636 63,949 2,064 Other 1,250 4,662 Total 18,125 127,092 NET INCOMEIIEXPENDITURE) 18.400 {12,831) RECONCILIATION OF FUNDS Total funds brought forward 118.826 131,657 TOTAL FUNDS CARRIED FORWARD 137,226 118,826 The notes form part of these fmancial statem¢nts WORTHING MUSICAL COMEDY socirry BALAhcE SHErr 3151 DtteThbw 2•2• 31.1220 31.12.19 Total FI¥ED AS.SETS I'an¥ible #&%ets' Social inve51n*thS 15.291 16.577 15_ 10.580 CVRREKf A&$gTS Debiors Cajh ui bthttk aYKI in hMMI 79.J62 46252 83.455 27,102 125fi14 10,557 CREDITORS. fallin8 due Mthin ott 13.6821 NET CURRENT A&SETS 121.932 lQ2.246 T()TAI. ASSkP• CURRENT .IABILITIE>i 137326 118,826 NET A&SETS 137226 118.826 FUNDS unresirict￿ fill 137326 118.826 TOTAL FUNDS 137226 118.82fi Tht •Trl on its b¢hlfbr. N H¢nman- TnL41¢¢ Poge 5 WORTHING MUSICALCOMEDY SOCIETY NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 315t December 2020 ACCOUNTING POLICIES B&5is of preparing the fjnancial statements The financial staiements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by ChaTltie5'. Statement of Recommended Practice applicable to charities preparing their accounts in a¢cordance with ihe Financial Reponing Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 20191,, Financial Reporting Statldard 102 The Financial Reporting Standard applicable in ihe UK and Republic of Ireland, and the Charities Act 2011. The financial ststements have be¢n prepared und¢r the historical ¢ost convention. Ineome All in¢orne is recognised in ihe Siatement of Financial Activitie5 once the charity h&$ erttiilement to the funds, il is probable that the income will be received and the amount can be measured reliably. Expendlture Liabililies are re¢ognised as expendilure a5 soon a5 there is a legal or ¢onstructive obligation committing the charity to that expendiiure. it is probable ihat a transfer of economic benefits will be r¢quired in settlem¢nt and the amount of the obligation can be measured reliably. Expendiwre is accounted for on an a¢crual$ bosi5 and ha$ been classified under headings that a8gregaie all cosi related io the category. Where costs cannot be directly attTibuted to particu5aT headings they have been allocated to activities on a basig ¢onsistent with ihe use of resources. Tangible nxed 4sJ¢t$ Depreciation is provided ai Ihe followin8 annual rates in order to write off each asset over its estimated useful Fixtures and fittings Computer equipment 25Y• on reducing balance 250/0 on r¢du¢ing balan¢¢ No depreciaiion is provided for on the property held by the So¢iety os the trustees consider the historic cost reflects the value of the property to the Society. Taxation The charity is exempt from tax on its charithble a¢tivi¢ies. Fund accounting Unrestricted funds can be used in accordance with the ¢haritable objectives at the discretion of the trustees. Restricted fund5 can only be used for particular restricted purposes Within the objects of the ¢harity. R¢stTi¢tion5 arise when specified by the donor or when funds are raised for particular restricied purposes. Further explanation of th¢ nalure and purpose of each fund is included in the note5 lo the finan¢ial stat¢ments. OTHER TRADING A￿1VITIEs 31.12.20 31.12.19 Fundrdising Events inc Tea Money Members, Subscriptions Show Fees Patrons, Sub5¢riplions Miscellaneous inc Sei & Score Hire Dinner Dance Tickets Funds from Youth Group 395 3,465 3.855 430 25 2,834 3.715 613 10,554 14,891 11,004 Page 6 continued... WORTHIiYG MUSICAL COMEDY SOCIETY NOTES TO THE FINANCIAL STATEMENTS- contfinlled for the Year Ended 31st December 2020 TRUSTEES, REMUNERATION AND BENEFITS There wer¢ no trusiees, ￿muneration or oiher benefits for the year ertded 3 1st December 2020 noT for the year ended 3 1st December 2019. Trustees, expense5 No Trnstee received expenses other than io be reimbursed for any amount agreed io be expended on the So¢ieWs behalf. This applies io both ihe ¢urr¢ni and previous yw. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted fund INCOME AND ENDOWMENTS FROM Don411ions and legacies 2,525 ChArltable actlvltles Spring Show Auturnn Show 38.931 61,781 Oiher tradin8 activities 11,004 Tolgl 114,261 EXPENDITURE ON Raising funds 5,302 Charltfible actlvltles Spring Show Autumn Show Governance costs 63.949 2,064 Other 4.662 Total 127,092 NET INCOMEI{EXPENDITURE) 112.831) RECONCILIATION OF FUNDS Totol funds brotsght forw#rd 131,657 TOTAL FUNDS CARRIED FORWARD 118,826 Pag¢ 7 continued... WORTHING MUSICAL COMEDY SOCIETY NOTES TO THE FINANCIAL STATEMENTS- continued for the Yegr Ended Jlst December 2020 TANGIBLE FIXED ASSETS Fixtures Freehold property Comput¢r equipment fittings Totsls COST At 151 January 2020 and 31$1 D¢cern￿r 2020 11,439 20.371 10,086 41,896 DEPRECIATION At 1st Janiiary 2020 Charge for year 16.785 897 .534 389 25.319 1.286 Ai 31$¢ D¢¢ember 2020 17,682 ,923 26,605 NET BOOK VALUE Ai 31 $1 December 2020 11.439 2,689 1.163 15,291 At 3 1st December 2019 11,439 3.586 1,552 16,577 SOCIAL INVESTMENTS Programme related investmenrs equity MARKET VALUE At Isl january 2020 ond 3151 tkcember 2020 NET BOOK VALUE At 315t December 2020 Ai 3 Isi Decemb¢r 2019 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.20 31.12.19 Trade debtors Loan to Worthing Musical Productions Limited Pr¢paytn¢rtts 2,580 75,653 1,129 7,054 75,653 748 79,362 83,455 Pa ntinued.. WORTHJNG MUSICAL COMEDY SOCIETY NOTES TO THE FINANCIAL STATEMENTS- eontlnued for ¢he Year Ended 31st December 2020 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.20 31.12.19 Trade creditors Other creditors 2.151 1,531 698 7,613 3.682 MOVEMENT IN FUNDS Net movemeni in funds At 31.12.20 Ai 1.1.20 Unrestrlcted funds G¢n¢ral fund Youth Group Fund 118,826 7,846 10.554 126.672 10.554 118,826 18.400 137,226 TOTAL FUNDS 118,826 18,400 137,226 Net movement in ￿nds. in¢luded in the above are as follows: In¢oming resources Re50urce$ expended Movement in funds Unrejtrfcted fund$ Gen¢Tal fund Youth Group Fund 25.971 10.554 (18,125) 7,846 10,554 36.525 (18,125) 18,400 TOTAL FUNDS 36,525 (18,125) 18,400 CornparAtives for movement In fund5 Net movement funds At 31.12.19 At 1.1.19 Unrestricted funds General fund 131,657 (12,831) 118.826 TOTAL FUNDS 131.657 (12,831) 118.826 continued... WORTHING MUSICAL COMEDY SOCIETY NOTES TO THE FINANCIAL STATEMENTS- ¢ontinU¢41 for the Year Ended 31st December 2020 MOVEMENT IN FUNDS- eontlnued Comparativ¢ net movement in funds. included in the above or¢ &$ follows.. Incoming resour¢es Resources ¢xp¢nd¢d Movem¢ot in funds Unrutricted funds General fund 14,261 (127,092) (12,831) TOTAL FUNDS 114,261 (127,092) (12,831) A current year 12 monihs ond prior year 12 months combined position is as follows: Net movemeni in funds At 31.12.20 Ai 1.1.19 Ut)restrl¢ted fund$ General fund Youth Group Fund 131.657 (4,985> 10,554 126,672 10,554 131,657 S,569 137,226 TOTAL FUNDS 131.637 5,369 137,226 A curr¢ni y¢gr 12 months and prior year 12 months combined net movement in funds, included in the abov¢ are as follows.. Incomin8 resources Resour¢es expended Movement in ￿ndS Unrestrieted funds General filnd Youth Group Fund 140.232 10,554 (145,217) (4,985) 10,554 150.786 (145,217) 5,569 TOTAL FUNDS 150,786 {145,217) 5,569 10. RELATED PARTY DISCLOSURES Th¢r¢ wer¢ no related parry transaciion$ for ihe year ended 3 1st December 2020. elo WORTHING MUSICAL COMEDY SOCIETY DETAILED sfATEMENT OF FINANCIAL AcfIvITIES for the Year Ended 3151 December 2020 31.12.20 31.12.19 INCOME AND ENDOWMENTS Don4tlons gnd leg*¢les Donation5 Received 3,175 2,525 Other trading activities Fundraising Ev¢nts in¢ Tea Money Members, Subscriptions Show Fees Patrons, SubscTlPtions Miscellaneous inc Set & S¢or¢ Hire Dinner Dance Tickets Funds from Youth Group 395 3,465 3.855 430 25 2,834 3.715 613 10.554 14.891 11.004 Charitable actlvlti Grants Ti¢ket Sales Spring Show Programme Sale5 Spring Show Programme Adverts Spring Show Ti¢k¢¢ Sales Auiumn Show Programme Sales Autumn Show Programme Adverts Autumn Show Choir Income Reduction in Royaliies and losi Deposits in Previous Year5 Insurance Claim Receiv¢d 11.334 37,743 798 410 60,168 1,428 185 80 2,468 4,577 18,459 100.732 Total In¢omlAg resources 36,525 114,261 EXPENDITURE R#lslng donatlons and lega¢le$ Rates and water Propety Insurance Li8hi and heat Cleaning- 2a Th¢ Drive Repairs 10 2a The Drive Subscription5 Donations Made 280 818 1,227 1.382 3,393 10 321 779 743 1,032 1.060 938 200 550 7.431 5,302 Charitable activities Box Office Costs Spring Show Box o￿lce Costs Autumn Show Carri¢d forward 11,088 11,088 22,176 This page d(￿ not form part of the sthtutory financial sta(ements Pa WORTHING MUSICAL COMEDY SOCIETY DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended Jlst December 2020 31.12.20 31.12.19 Charitable 8clivities Broiight forward Costurnes & Make-up Spring Show Costumes & Make-up Autumn Show Scenery, Props & Trdnsport Spring Show Scenery, Props & Transport Autumn Show Or¢h¢stTa & Band Parts Spring Show Orchestra & Band Parts Au￿mn Show Production Fees Spring Show Produeiion Fees Autumn Show Royaltie5 Spring Show Royalties Autumn Show Printing Postage Stationery & Advenising Spring Show Printing Postage Stationery & Advertising Aiilumn Show Credit CaTd Comrnission Spring Show Credii Card Commission Aurumn Show Sundry PTtsduciion Exp¢ns¢s Spring Show Sundry Production Expense5 Autumn Show Insuran¢e Spring Show Insurance Autumn Show 22,176 3,643 5,097 12,416 16,559 4.950 7.416 5,500 6.100 7,872 11,526 210 1.065 3.330 1,233 4,009 80 3,662 766 1.581 81 190 730 730 888 888 7,808 115,064 Other Postage & Stationery Miscellaneous Dinner Dance Costs Flower5 & Gifts Equipment Repairs & Running Costs Telephone. General Websiie Cosis 343 658 2,508 29 94 748 222 93 249 554 354 1.230 4,662 Support costs Governfinee cost5 Accountant's Honorarium Depreciation of tangible fixed assets 350 1.286 350 .714 1,636 2,064 Total resourees expended 18,125 127,092 Net Incomel(expenditure) 18,400 (12,831) This page does not forni part of the statutory fmancial statements e12 INDEPENDKPn EXAMINER'S REPORT TO THE TRUSTEFS OF WORTHING MUSICAL COMEDY SOCIETY Independen¢ exwJDiTrer'i re￿rt to the tn￿le￿ of Wortklng Mllsle*l Comedy Soelety I rewrt io the charity irusiees on My exwninaiion ofihe accounts of Worthin8 musi￿1 Cryt*dy 5(*iety (the Tnt#) for the yetr ended 31￿ December 2020. Rupon$lbllltles b•sls of rtrthi As ihe charity Mee5 of tr Tru￿ you ate res[￿31b￿ for of the xcoun¢5 in ￿t￿dance with the requirements of the Charities Ad 2011 Cthe ACV). I report in respect of my examination of the Tn￿r5 Jcc¢ymts carried under section 145 of the Act 8nd in ¢8rrying oui my examination I have followed all applicable I)i￿tiL￿￿ given by th¢ Clwity Comrniss?on seuion 1451SXb) of the ACL Independent examlnevs st*temeAt I hav¢ cortlpleted my examinatirn. I tto n1atrrl￿ ￿ve c4)m¢ lo my iiteiition in ￿n￿ellon with the examination giving cause th believe in any nuterial acwunting records were nrt k¢pt ID r¢5Pttt of Tnklt as requiThl ty seaion 130 of the A¢L' or the accounts do not acc(Yd with thosc rrroTds: or the xcounts do not comply with the appliuble r¢4uirements concernin8 the fom) and content of xcounts set out in th¢ Charitics (Accounts and Ke¥xYtsl REgukntions 2008 oth¢r than any ffquirernent that the ac¢owtts gi￿ true and fair view which is not a In￿trr considered 85 of independent ex•ninatio I have no con¢¢rny and have come across no in Connecti￿ with the exymin*ion to which attention should be drawm in this report in orderto er•ble Und￿1r4¥ of the be reXh￿l. Victoria Mason FCCA Dalew￿d Limi￿% 103 Newiand Ro*d Wonhing West Sussex BNII ILB . zz107 1£1