The Woodlands Farm Trust Report and Financial Statements Year ending 31 March 2024 Company No. 3039299 Charity Registration No. 1051680
The Woodlands Farm Trust Year Ended 31 March 2024 The sheep on the front page is one of our Torddus, or Welsh Badger Face
The Woodlands Farm Trust Year Ended 31 March 2024 Contents Chair's Overview and Achievements for the year Acknowledgements, External Links, Mission Statement Reference and Administrative Details staff Board Structure, Governance and Management Reserves Risk Management Statement of Trustees Responsibilities statement of Financial Activities Balance Sheet & Notes Independent Examiner's Report Page 10 18
The Woodlands Farm Trust Y6ar Ended 31 March 2024 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 The Trustees present their annual report together with the financial statements of the charity for the year ending 31 March 2023 which ar6 prepared to meet the requirements for a directors, r6POrt and accounts for Companies Act purposes and have been prepared in accordance with the small companies regime (Section 419(2) of the Companies Act 2006. The Trustees confirm that the financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and Accounting and Reporting by Charities Statement of Recommended Practicè with the Financial Reporting Standard applicable in UK and the Republic of Ireland FRS102 (effectlV6 1 January 2015). The Trustees confirm that they have complied with their duty in section 17(5) of the 2011 Charlties Act to have due regard to guidance published by the Charities Commission, Chairman's remarks and report for the year Once more a year when. although everyone has worked hard, we have had to draw on our reserves. Sadly, it has also been a year when some of those who supported the farm in early years have died. David Vaughan, who was tireless in negotiating with the Co-op and our local authorities in the first days and after that a hard-working Director for many years, Roger Hook, Director and Volunteer, Christine Lee, Director and Volunteer. We remember them wlth thanks. It was a hard decision to take a pause from keeping cattle. We had a run of indetemiinate TB reactors and our vet recommended taking a short break from keeping cattle. We can now re- stock in 2024,expecting we have removed the risk of further TB reactors. The sheep flock thrives, this year we had 65 live lambs. And new addltions, Torddu,, also known as Badger faced and once more we have some Herdwicks, Although we have been spared from bird flu, our hens had to remain under cover as Defra advised for several periods of the year. Our pig numbers increased, with Oxford Sandy and black piglets arriving. The London scrappage scheme. ULEZ, had to be faced. Our farm pick-up, while in good working order, did not meet the regulations extending to the outer suburbs and we had to invest in the New Green Ranger in August. The £15k+ cost was offset by the TFL £7K scrappage allowance and some most generous donations from friends and supporters. We received advice from Defra re new environmental schemes. The ADAS report contained much good information and we are working on it. For the near future we hope to extend and continue our DefralNatural England stewardship within the new schemes. Educational visits continued to be popular with schools from Bexley, Greenwich, Lewisham and Bromley visiting the farm. Gemma, holding the Education Officer maternity cover post. left in November. We would like to thank her for all her hard work for the farm. We welcomed Hannah back to work in November 2023. Throughout the winter months we had an increase in special educational needs groups visiting for regular activities with the farm. We have continued to recruit volunteers to help with farming as well as working in the office assisting with administration and enquiries. Our Young Farmers on Saturdays, supported by the Worshipful Company of Woolmen, continues to provide lively assistance. As years go on, we see young people move on, some even to further study or work in areas related to their farm experience. Happily another generation comes along to take their pla. As our Education Officer was on maternity leave for part of the year, the team of wildlife volunteers took responsibility for surveys of the farm wildlife. These included bees, bats,
The Woodlands Farm Trust Year Ended 31 March 2024 mammals and pond. Their evidence and the day-to day observations show that the farm provides a rich and varied habitat structure We ran several successful hedgelaying courses & continued our laying maintenance program and planted up some more short stretches of hedge ,hIpS" On6 session was with a local school's parents (& grandparents) who expressed a wish to repeat the experience. We aim to build on this for the coming season. The planted hedge around the new memorial orchard survived the drought conditions of the previous summer and is now flourishing. On the maln pond we cleared bramble and scrub then planted a short hedge run and Introduced some heritago apple trees. We had a Cettis warbler resident in the spring which we had not heard there before. Maybe the extra wet weather lured it in. Lambing Day and Apple Day - and first Winter Show since Covid a Winter Festival featuring Stick Men Trying out new Ideas - a skilled volunteer led Wreath Making days before Christmas Our Cottage Garden around the house received generous donations from the Harenc Community Trust and the Disabled Christian Fellowship, which enabled us to have a new Greenhouse and a Summer house. We have continued to support Sitopia Fat7n CIC over the past year, working together on a number of initiatives including education, growing, events and fund-raising. We seek to work together more Just some of our volunteers ,,4111
The Woodlands Farm Trust Year Ended 31 March 2024 During the start-up years of The Woodlands Esme Fairburn Trust Farm Trust sinc8 1997, we have been grateful for support from the Heritage Lottery Fund Alan Mills Legacy Charities Aid Foundation Edmund Godson Charity Ernest Cook Trust City Bridge Trust Natural England Gaius Vincent and Kate Stephens Asda green token giving The Westcombe Society And during 2023124 we must acknowledge and give many thanks for support from all the wonderful frlends and voluntoors who gave generously of thelr tlme and money durlng the year. We are also very grateful to havo been remembered In the wllls of some old frlends. Notable support Ihis year has also come from East Wickham & Welling War Memorial Trust Wickes Group PLC Natwest Bank Local Co-op members and shops The Worshipful Company of Woolmen English Nature Royal Borough of Greenwich Th8 Haronc Community Trust The Disabled Christian Fellowship External Ilnks The Trust is a member of the National Farmers, Union, The Federation of City Farms and Gardens, The National Council for Voluntary Organisations, Greenwich Aclion for Voluntary Service, Bexley Voluntary Service Council, GWAG (Greenwich Wildlife Advisory Group), The Lleyn Society and the British White Cattle Society Mission statement Woodlands Farm is a fragment of London's old countryside that offers a unique opportunity to conserve heritage landscape and promote biodiversity. At heart this is a conservation and development project. The ambitions of The Woodlands Fam Trust are to 1. build a truly sustainable future through sensitive faming using natlV6 Stock and working towards a sustainable, harmonious practice, minimising the impact of activities on the environment both local and global. maintain the farm as a community resource, giving volunteers and the community access to education, training, experiences and tasks that they might not olherwise encounter. 3. conserve and improve the biodiversity of our 89 acres. 4. create a sustainable operating and financial structure for the future. Reference and admlnistrative details Prlvate Company limited by guarantee Reglstered Charlty VAT roglstored Company incorporated in England & Wales No. 3039299 Charity Registration No. 1051680 VAT No. 691317429 Reglstered offlce 331 Shooters Hill Welling Kent DA16 3RP tel: 020 8319 8900 email: admin thowoodlandsfarmtrust.or website: www.thewoodlandsfarmtrust.or
The Woodlands Farm Trust Year Ended 31 March 2024 Bankers HSBC 249 High Street Orpington BR6 ONRN The Co-operative Bank 151 Lewisham High Street London SE13 6AA Independent examiner Inman & Co, Chartered Accountants 71-75 Uxbridge Road London W5 SSL Staff: Manager Educatlon Officer (returned from maternity leave 111112023) Education Officer (maternity cover until 1011112023) Team Leader Office Admin Support (left 1112023) Housekeeplng Young Farmers Leader (Saturdays) Davld Jones Hannah Ricketts Gemma Murray-clark Jon Lewls Mary Baldry Tony Slater Kate Bygrave Board of Trustees Barry Gray David Wright Carol Thumwood Browning Margaret Jones Paul Howlck Kelth Jones Philip Jones lan Blight Alan Schofleld Peter Baker Diane Jones Co•OPted board members representlng other organlsatlons lvls Williams {RB Greenwlch) Sarah Merrill (RB Greenwich) Daniel Hill (Sitopia) Structure, Governance and Management The Woodlands Farm Trust is a private company limited by guarantee governed by its Memorandum and articles of Association. It is regislered as a charity with the Charity Commission, Membership is available to individuals, families and organisations. Re-elected October 2021 Re-elected October 2020 Re-elected October 2021 Re-elected October 2020 Elected October 2023 Elected October 2020 Re- elected October 2020 Elected October 2023 Elected October 2022 Elected October 2023 Elected October 2023 Co-opted April 2014 Co-opted October 2023 Co-opted October 2023 Trustees and Reserves Pollcy The Trustees are elected annually in rotation and are, at the end of their term of office eligible for re-election. The Trustees constitute directors of the charity for the purposes of company legislation. Under the Trust's rules there may be up to 15 trustees, 11 elected and 4 co-opted. The Trustees have agreed a reserves policy which states that the Trust should hold sufficient funds to allow the farm to continue operation in the event of a catastrophic situation leading to the closure of the farm over a specified period, currently twelve months. In planning activities the trustees have considered the Charity Commission's guidance on public benefit. including the guidance 'public benefit.. running a charity (PB2)'.
The Woodlands Farm Trust Year Ended 31 March 2024 Financial Review The trust has struggled financially since Covid. During that time Government and other support had resulted in a surplus for the related period and surplus for year to 31 March 2021. The trust has endeavoured to control costs since then. but the reduction in income for the last financial years has been the reason for the consecutive deficits. The trustees and employees are exploring new ventures to generate income growth such as a Winter Show, reviewing livestock and providing new activities to attract more public interest and support. Rlsk Management All major insurable risks are subject to normal insurance arrangements. Risks are revi8wed before being entered into to assess that they could not significantly impact on the Trust's ability to fulfil its objectives. We strive to introduce measures and activities to reduce specific risks In consultation with our insurers and other advisers. statement of Trustees responslbllltles The Trustees are responsible for preparing the Trustees, Report and the financial statem8nts 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 year in which give a true and falr view of the state of the affairs of the charitable company and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to: Select suitable accounting policies and then apply them consistently; Observe the methods and principles in the Charities SORP., Make judgements and estimates which are reasonable and prudent., State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements., Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will not continue to operate. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approval This report was approved by the Board of Trustees on .and signed on its behalf (bL B. J. Gray Chair of Trustees Date 411 nes Trustee with Financial Responsibility Date
The Woodlands Farm Trust Year Ended 31 March 2024 STATEMENT OF FINANCIAL ACTIVITIES Income and Expenditure Account Restricted Unrestricted Funds Funds Total 2024 Total 2023 Notes Incomlng Resources - Income Incomlng resources from generated funds: Voluntary Income Activities for generating funds Investment income 26,533 18,726 40,501 26,533 22,560 18,726 18,627 40,501 40,891 Incomlng resources from charltable actlvlties: Grants Farm & livestock sales Agricultural payments received Fees received Other income 3,000 3,000 8,106 35,436 33,550 8,522 9,682 35,373 25,704 7,156 4,075 35,436 8,522 35,373 7,156 Total Incomlng resources 3,000 172,247 175,247 163,195 Resources Expended . Expendlture Costs of generating funds 6,105 6,105 5,292 Charitable activities Farming & Conservation Education 3,000 102,398 105,398 113,028 63,420 63,420 59,368 Governance costs 10 10,695 10,695 10,578 Total resources expended 3,000 182,618 185,618 188,266 Not Incomlng (outgolng} resources - Net Income l {Expendlture) (10,371) (10,371) (25,071) Reconclllatlon of Reserves Funds brought forward 415,691 87,011 502,702 527,773 Total funds carrled forward 415,691 76,640 492,331 502,702 A statement of Total Recognised Gains and Losses is not required as all gains and losses are included in the Statement of Financial Activities. All incoming resources, resources expended and resulting net movement in funds are derived from continuing activities. The attached notes form part of these financial statements,
The Woodlands Farm Trust Year Ended 31 March 2024 BALANCE SHEET Notes 2024 2023 Fixed Assets Tangible assets 12 429,800 424,528 Current Assets Cash at bank Cash in hand Debtors 60,924 164 7,750 68,838 73,911 200 8,802 82,913 Creditors Amounts falling due within one year 13 6.307 4,739 Not Current Assets 62,531 78,174 Total Assets Less Curront Llabllltles 492,331 502,702 Reserves Restrlcted reserves Farm fund restrlcted reserves Other restricted reserves 14 14 415,691 415,691 Unrestrlcted resèrves 15 76,640 87,011 492,331 502,702 The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ending 31$1 March 2024. The trustees have not required the company to obtain an audit of its financial statements for the year ended 31 $1 March 2024 under section 476 of the Companies Act 2006. The Trustees acknowledge their responsibilities for.. (a) Ensuring that the company keeps accounting records which 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 company as a 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 othewise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company 10
The Woodlands Farm Trust Year Ended 31 March 2024 BALANCE SHEET These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial R6POrting Standard FRS102 issued October 2019. This report was approved by th& Board and Trustees on . behalf by:" and signed on its B. J. Gra-y Chair of Tr ees Date M. J. Jones Trustee Date
The Woodlands Farm Trust Year Ended 31 March 2024 NOTES TO THE FINANCIAL STATEMENTS 1. ACCOUNTING POLICIES Accountlng conventlon The financial statements have been prepared in accordanc8 Wlth 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 (FRS102)) (issued in October 2019)- (Charities SORP (FRS102)) and the Financial Reporting Standard applicable in UK and Republic of Ireland (FRS102) and the Companies Act 2006. Assets and liabilities are initially rocognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. Income Income represents subscriptions, donations, grants, fees, rent and interest received. The various sources of income are taken into account as follows.. Subscriptions and donations - when received by the trust Farm and livestock sales - when received by the trust Grants - when they are confirmed unconditionally by the funding body Fees, rent and interest income - when receivable and the obligations under the arrangements have been effectively completed. Resources Expended Expenditure is recognised when a liability is incurred. Contractual arrangements are recognised as seNices as supplied. Costs of generating funds are those costs Incurred in attracting voluntary income. Charitable activit16s include expenditure associated with tho operalion of farm land and buildings for tho promotion of conservation, sustainab16 farming and education. Governance costs include those incurred in the govemance of the charity and its assets, and are primarily associated with constitutional and statutory requirements. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources. Commltments for future expendlture Other than normal commitments inherent in farm operation and under contracts of employment there are no contractual obligations to future expenditure at the balance sheet date. Where the trustees authorise expenditure which is not legally enforceable at the balance sheet date the appropriate amounts are set aside into designated funds. There were no amounts authorised at the year end. Funds Unrestricted funds ar6 donations and other incoming resources receivable or generated for the objects of the charily without further specified purpose and are available as gener81 funds. Designated fund monies set aside out of general funds are designated for specific purposes by the Trustees, Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets this criteria is charged to the fund. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Credltors and provlslons Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to 12
The Woodlands Farm Trust Year Ended 31 March 2024 NOTES TO THE FINANCIAL STATEMENTS 1. ACCOUNTING POLICIES {Contlnued) settle the obligation can be measured or estimated reliably. Creditors and provisions are nomially recognised at their settlement amount after allowing for any trade discounts due. Tanglble flxed assets Land and buildings represent the Woodlands Farm, Shooters Hill, Welling, Kent. The land is held on a 999 year lease at peppercorn rent taken out in 1997 with the Co-operative Wholesale Society. Livestock due to its pastoral nature and negligible market value is not recorded as an asset. All fixed assets ar& initially recorded at cost. Individual assets below the value of £1,000 are written off in the date of acquisition. Depreciation is calculated so as to write off the cost of each asset, less its residual value, over its estimated useful life: Plant and machinery Computer Equipment Motor Vehicles Buildings 20 /0 Straight Line 339/0 Straight Line 20 % Straight Line over 8 years No provision has been made in respect of land and buildings given the low value attributed to the buildings and the length of their useful economic life. 2. VOLUNTARY INCOME Restricted Unrestricted Total 2024 Total 2023 Donations Membership Subscription 24,996 1,537 24,996 1,537 21,262 1,298 26,533 26,533 22,560 3. INVESTMENT INCOME Total 2024 Total 2023 Rent receivable Deposit account interest 39,566 935 40,518 373 40,501 40.891 4. GRANT INCOME Transfer lo Ursreslricled Funds Expenditure This Year Blftvd Grants Clfwd W. Soc Woolmen 3,000 3,000 3,000 3,000 13
The Woodlands Farm Trust Year Ended 31 March 2024 NOTES TO THE FINANCIAL STATEMENTS 5. AGRICULTURAL PAYMENTS RECEIVED Total 2024 Totsl 2023 Rural payments agency 8,522 9,682 8,522 9,682 6. STAFF COSTS The employment costs of staff were as follows:. Total 2024 Total 2023 Wages and salaries Social security costs Pension scheme 94,881 2.959 2,026 99,866 89,372 3,114 1,969 94,455 The average number of full time equivalent staff during the year was 5 (2023 4) No single employee rec8ived remuneration in excess of £60,000. 7. OPERATING SURPLUS I DEFICIT Tho operating surplus I deficit is stated after charging:" Total 2024 Total 2023 Depreciation - owned assets 5,002 7,449 8. TRUSTEE REMUNERATION I EXPENSES No trustee received any remuneration for services to the trust in the year nor had expenses reimbursed or paid for by the charity. 14
The Woodlands Farm Trust Year Ended 31 March 2024 NOTES TO THE FINANCIAL STATEMENTS 9. ANALYSIS OF RESOURCES EXPENDED Farming & Fundraising Conservation Education Total 2024 Total 2023 Wages Travel and motor expenses Repairs and renewals Small tools Projectsleducation Events Livestock Farming Recruitment & advertising Depreciation - Plant & machinery Depreciation - Computer equipment Depreciation - Motor vehicles Deprecialion - Building Farming & Conservation Support Costs- Charitable Support Costs- Governance 64,518 1,844 7,475 35,427 99.945 94,455 1,844 4,113 7,475 5,177 1,479 1,479 1,100 4,066 3,396 7,456 17,833 6,867 6,239 4,066 7,456 6,867 2,081 2,081 1,197 2,921 2,921 6,252 2,039 12,237 535 3,208 6,640 108,607 26,513 40,789 37,926 6,952 10,695 10,578 70,371 185,618 188,266 10. ANALYSIS OF SUPPORT COSTS Charitable Activities Total 2024 Total 2023 Governance Utilities Auditors fees Legal & professional fees, bookk66ping Insurance Telephone Computer costs Postage, printing and stationery Cleaning Sundry expenses Affiliation fees 5,783 5,783 3,907 1,980 1,980 8,715 8,598 9,654 9,315 1,551 1,093 3,352 3,098 2,837 3,081 8,441 10.551 8,110 5,991 1,061 889 10,695 51,484 48,504 1,980 8,715 9,654 1,551 3,352 2,837 8,441 8,110 1,061 40,789 11. TAXATION As a charity, The Woodlands Farm is exempt from tax on income or gains. No liability to UK st Corporation Tax arose on the ordinary activities for the year ended 31 March 2024. 15
The Woodlands Farm Trust Year Ended 31 March 2024 NOTES TO THE FINANCIAL STATEMENTS 12. TANGIBLE FIXED ASSETS Land & Buildin Plant & Machlne Computer ui ment Motor Vehicles Total Cost At 1 April 2023 Additions - Cost Less - Disposals 450,970 36,328 4.423 7,427 45,897 540,622 5,850 10,273 {14,634) (14,634) At 31 March 2024 450,970 7,427 37,113 536,261 Accumulated Dopreclatlon At 1 April 2023 Charge for the year Less- Disposals 35,279 31,541 2,081 7,427 41,846 116.093 2,921 5,002 {14,634) (14,634) At 31 March 2024 35,279 33,622 7.427 30,133 106,461 Net book value At 31 March 2024 415,691 7,129 6 980 429 800 At 31 March 2023 415,691 4,786 4,051 424,528 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Total 2024 Total 2023 Accrued expenses PAYE Pensions VAT 3,249 1,939 379 740 6,307 3,348 1,035 356 4,739 14. RESTRICTED RESERVES Total 2024 Total 2023 Farm fund reserve Specific funds not disbursed on receipt 415.691 415,691 415,691 415,691 The Farm Fund Reserve consists of the Trust's interest in the leasehold land and buildings occupied by the farm and as described in note 1 of the financial statements. Specific funds not disbursed in the year of receipt represents the balance of grants and donations received for specific projects which are in the process of completion or fulfilment. An analysis of these funds is given in note 4 to the accounts. 16
The Woodlands Farm Trust Year Ended 31 March 2024 NOTES TO THE FINANCIAL STATEMENTS 15. RECONCILIATION OF MOVEMENTS IN UNRESTRICTED FUNDS Unrestricted Total Funds 2024 Total 2023 Surplus (Deficit) for the year Funds BINvd (10,371) 87,011 76,640 (10,371) 87,011 76,640 (25,071) 112,082 87,011 16. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestrlcted Funds Restrlcted Funds Total Funds Tangible fixed assets Current assets All liabilities Net assets at 31 March 2024 14,109 68,838 415,691 429,800 68,838 6,307 492,331 76.640 415,691 17. REPORTING ACCOUNTANTS REMUNERATION The Independent Examiners remuneration was £1,980 (2023 £1,980). 18. PUBLIC BENEFIT ENTITY The charity is a public benefit entity. 17
The Woodlands Farm Trust Year Ended 31 March 2024 INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE WOODLANDS FARM TRUST We report on the accounts for the year ended 31 March 2024, which are set out on pages 1 to 18. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 and that an independent examination is needed. Having been satisfied that the charity is not subject to audit under company law under Part 16 of the Companies Act 2006 and is eligible for independent examination it is our responsibility to.. examine the accounts under section 145 of the 2011 Act; to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act, and to state whether particular matters have come to our attention. Basis of Independent examiners, report Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiners, statement In connection with our examination, no matter has come to our attention.. (1) which gives reasonable cause to believe that, in any material respect, the requirements.. to keep accounting records in accordance with section 386 of the Companies Act 2006., and to prepare accounts which accord with the accounting records and to comply with the accounting requirements under section 396 of the Companies Act 2006 and with the methods and principles of the Charities SORP (FRS102). (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. lan Inman FCA Inman & Co Chartered Accountants 71-75 Uxbridge Road London W5 SSL ILL £EfrI 2IJ'l4- 19