##
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|Contents|||
|---|---|---|
|||Page|
|Reference
and administrative
information||1 —2|
|Trustee's
annual
report (including
the strategic|report)|3 —21|
|Independent
auditor's
report||22 —25|
|Consolidated
statement
of financial
activities||26|
|Charity statement
of financial
activities||27|
|Consolidated
and charity
balance sheets||28|
|Statement
of cash flow, notes to the statement|of cash flow|29|
|Notes to the financial
statements||30 —47|
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|incorporating
co|nsolid|ated|income|and expenditur|e
account)||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||Note|Unrestricted|funds|Restricted|funds||Year|Year|
|||||Designated|Operations|Projects|Long|term|ended|ended|
||||||||capital project||31 March|31 March|
||||||||||2021|2020|
|||||||||||F|
|Income from:|||||||||||
|Donations
and legacies|||||66||8,786,639||8,786,705|5,285,735|
|Income from charitable
activities:|||||||||||
|Operation oftheatre and||arts|||||||||
|development|||4||559,341|32,895|||592,236|864,563|
|Income from other|trading|activities:|||||||||
|Commercial
trading|operation||5||5,833||||5,833|78,749|
|Subsidiary
trading|operation||6||9,000||||9,000|8,053|
|Investment
income|||||107||||107|6533|
|Other income|||||51,572|159,194|||210,766|147,334|
|Total income|||||625,919|192,089|8,786,639||9,604,647|6,390,967|
|Expenditure
on:|||||||||||
|Costs ofraising funds:|||||||||||
|Cost of raising voluntary||income|||69,495||||69,495|92,014|
|Subsidiary
trading|operation||6||2,312||||2,312|1,935|
|Expenditure
on charitable||activities:|||||||||
|Operation
oftheatre and||arts|||||||||
|development|||8||658,141|29,329|||687,470|796,179|
|Other||||||152,835|||152,835|128,821|
|Total expenditure|||||729,948|182,164|||912,112|1,018,949|
|Net (expenditure)/income|||||||||||
|for the year|||||(104,029)|9,925|8,786,639||8,692,535|5,372,018|
|Transfers between|funds||||(5,833)|||5,833|||
|Net movement
in|funds|for|||||||||
|the period|||||(109,862)|9,925|8,792,472||8,692,535|5,372,018|
|Reconciliation
of|funds:||||||||||
|Total funds brought|forward|||250,000|563,328|38,184|14,139,679||14,991,191|9,619,173|
|Total funds carried forward|||1?,18|250,000|453,466|48,109|22,932,151||23,683,726|14,991,191|
|||||||||Income|Expenditure|Total|
|The allocation between funds|||in 2020was as follows:||||||F||
|Unrestricted||||||||958,135|(860,373)|97,?62|
|Restricted - Projects||||||||147,487|(155,915)|(8,428)|
|Restricted - Long Term Funds|||||||5,285,345||(2,661)|5,282,684|
|Tote I Com pany|||||||6,390,967||(1,018,949)|5,372,018|
##
|incorporating
income|and|expenditur|expenditur|e
account)||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||Note||Unrestricted|funds|Restricted|funds|||Year|Year|
|||||Designated|Operations|Projects|Long||term|ended|ended|
||||||||capital||project|31 March|31 March|
|||||||||||2021|2020|
|||||||||||F||
|Income from:||||||||||||
|Donations
and legacies|||||66||8,786,639|||8,786,705|5,285,735|
|Income from charitable|activities:|||||||||||
|Operation
oftheatre and arts||||||||||||
|development|||4||559,341|32,895||||592,236|864,563|
|Income from other trading activities:||||||||||||
|Commercial
trading operation|||5||5,833|||||5,833|78,749|
|Investment
income|||||6,225|||||6,225|32,849|
|Other income|||||51,572|159,194||||210,766|147,334|
|Total income|||||623,037|192,089|8,786,639|||9,601,765|6,409,230|
|Expenditure
on:||||||||||||
|Costs ofraising funds:||||||||||||
|Cost ofraising voluntary||||||||||||
|income|||||69,495|||||69,495|92,014|
|Expenditure
on charitable||||||||||||
|activities:||||||||||||
|Operation
oftheatre and arts||||||||||||
|development|||||658,141|29,329||||687,470|796,179|
|Other||||||152,835||||152,835|128,821|
|Total expenditure|||||727,636|182,164||||909,800|1,017,014|
|Net (expenditure)/income||||||||||||
|for the year|||||(104,599)|9,925|8,786,639|||8,691,965|5,392,216|
|Transfers between funds|||||(5,833)||||5,833|||
|Net movement
in funds for||||||||||||
|the period|||||(110,432)|9,925|8,792,472|||8,691,965|5,392,216|
|Reconciliation
offunds:||||||||||||
|Total funds brought forward||||250,000|557,068|38,184|14,139,679|||14,984,931|9,592,715|
|Total funds carried forward||17, 18||250,000|446,636|48,109|22,932,151|||23,676,896|14,984,931|
|||||||||Income||Expenditure|Total|
|The allocation between funds||in 2020|was as follows:||||||E|F|E|
|Unrestricted||||||||976,398||(858,438)|117,960|
|Restricted - Projects||||||||147,487||(155,915)|(8,428)|
|Restricted - Long Term Funds|||||||5,285,345|||(2,661)|5,282,684|
|Total Company|||||||6,409,230|||(1,017,014)|5,392,216|
##
|||||Note|The|Group|The Charity|The Charity|
|---|---|---|---|---|---|---|---|---|
||||||31 March 2021|31 March 2020|31 March 2021|31 March 2020|
||||||f|F||E|
|Fixed assets|||||||||
|Tangible assets||||12a|22,343,029|13,666,958|22,343,029|13,666,958|
|Investments||||12b|||5|5|
||||||22,343,029|13,666,958|22,343,034|13,666,963|
|Current assets|||||||||
|Debtors||||13|2,370,239|490,273|2,370,080|489,860|
|Cash at bank and||in|hand||642,926|2,252,067|635,544|2,245,609|
||||||3,013,165|2,742,340|3,005,624|2,735,469|
|Creditors:|amounts||falling due||||||
|within
one|year|||14|(1,672,468)|(1,418,107)|(1,671,762)|(1,417,501)|
|Net current|assets||||1,340,697|1,324,233|1,333,862|1,317,968|
|Net assets||||16|23,683,726|14,991,191|23,676,896|14,984,931|
|Represented
by:|||||||||
|Operations|fund||||453,466|563,328|446,636|557,068|
|Designated|fund||||250,000|250,000|250,000|250,000|
|Total unrestricted||funds||17|703,466|813,328|696,636|807,068|
|Projects|||||48,109|38,184|48,109|38,184|
|Long term funds|||||22,932,151|14,139,679|22,932,151|14,139,679|
|Total restricted
funds||||18|22,980,260|14,177,863|22,980,260|14,177,863|
|Total funds|||||23,683,726|14,991,191|23,676,896|14,984,931|
##
||||||||||The|Group|The|Charity|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||31 March 2021|31 March 2020|31 March 2021|31 March 2020|
|||||||||||E||E|
|Cash provided||by operating
activities|||||||7,057,501|5,659,284|7,056,577|5,681,769|
|Cash flows|from investing||||activities||||||||
|Interest
income|||||||||107|6,533|107|6,533|
|Purchase
of tangible|||fixed||assets||||(8,666,749)|(6,680,935)|(8,666,749)|(6,680,935)|
|Cash used|in investing||activities||||||(8,666,642)|(6,674,402)|(8,666,642)|(6,674,402)|
|Cash used|in financing|||activities|||||||||
|Decrease
in cash and|||cash||equivalents||in|the|||||
|year|||||||||(1,609,141)|(1,015,118)|(1,610,065)|(992,633)|
|Cash and cash||equivalents|||at the beginning|||of|||||
|the year|||||||||2,252,067|3,267,185|2,245,609|3,238,242|
|Total cash|and|cash equivalents||||at the|||642,926|2,252,067|635,544|2,245,609|
|end ofthe|year||||||||||||
##
|econcili|ation
of|ne|t mov|em|ent
in fund|s to net cash|flow from oper|ating
activities:|ating
activities:|
|---|---|---|---|---|---|---|---|---|---|
|||||||The|Group|The Charity||
|||||||2021|2020|2021
f|2020
F|
|Net movement
in funds||||||8,692,535|5,372,018|8,691,965|5,392,216|
|Add back|depreciation||charge|||24,546|18,159|24,546|18,159|
|Deduct interest income|||shown|in|investing|||||
|activities||||||(107)|(6,533)|(107)|(6,533)|
|(Increase)/decrease||in|debtors|||(1,879,966)|270,585|(1,880,220)|270,926|
|Increase|in creditors|||||220,493|5,055|220,393|7,001|
|Net cash|provided|by operating|||activities|7,057,501|5,659,284|7,056,577|5,681,769|
##
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##
|iation
is calculated
so as to write off
ed
useful lives on a straight
line basis|iation
is calculated
so as to write off
ed
useful lives on a straight
line basis|the cost less residu
as follows:|al
value of tangible
fixed|
|---|---|---|---|
|Assets
in the course ofconstruction||Nil||
|Improvements
to leasehold|property|2% per annum|or period oflease ifshorter|
|Plant and machinery||10% - 20% per|annum|
|Musical instruments||5%per annum||
|Computer
equipment||33% - 100%per annum||
|Computer
software||20% per annum||
|Office equipment||10%per annum||
##
##
##
##
##
##
|Creditors
and provisions|Creditors
and provisions|Creditors
and provisions||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Creditors and provisions are|||recognised where|||the charity has a present obligation||||resulting
from apast event||||
|that will probably
result||in the transfer||offunds||to a third party and the amount|||due to settle the|||obligation can||
|be measured|or estimated||reliably.|Creditors||and provisions||are normally|recognised
at||their settlement|||
|value after allowing
for any trade discounts|||||due.|||||||||
|Donations
and legacies —analysis||||by fund||type:||||||||
|||||Unrestricted|||funds|Restricted funds||||Total|Total|
||||Designated||||Operations|Projects||Long term||2021|2020|
||||||E|||E||F||||
|Public donations|||||||66|||||66|390|
|Growth
Deal||||||||||246,000||246,000||
||||||||66|||246,000||246,066|390|
|Capital project|income:|||||||||||||
|European
Regional Development||||||||||||||
|Fund||||||||||750,554||750,554|635,592|
|Arts Council England||||||||||1,300,154||1,300,154|2,094,672|
|Comwall
Council||||||||||1,940,672||1,940,672|211,073|
|HM Treasury
Comwall 8 Isles|ofScllly|LEP-|||||||||||124,356|
|Growth Deal
Comwall 8 Isles|ofScilly|LEP-||||||||1,090,198||1,090,198|646,747|
|Getting
Building
Fund||||||||||820,325||820,325||
|National
Lottery|Heritage|Fund||||||||857,486||857,486|854,655|
|Kickstart via Arts|Council|England||||||||1,520,755||1,520,755||
|Cornwall
Council|—RefTCC|||||||||||||
|Works|||||||||||||(18,500)|
|Trust and Foundations||||||||||139,500||139,500|353,250|
|Major Donors|||||||||||||250,000|
|Private Donations||||||||||120,995||120,995|133,500|
|||||||||||8,540,639||8,540,639|5,285,345|
|Charity|||||||66|||8,786,639||8,786,705|5,285,735|
##
##
##
|ncome from charitable
activit|ies|||||||
|---|---|---|---|---|---|---|---|
||Unrestricted|funds|Restricted|funds||Total|Total|
||Designated|Operations|Projects|Long|term|2021|2020|
|||E|E||E|K|F|
|Programme/ticket
sales|||||||380|
|Ticketed events and workshops*||9,419|32,895|||42,314|71,185|
|||9,419|32,895|||42,314|71,565|
|Core funding:||||||||
|Arts Council England:||||||||
|National
Portfolio funding||383,206||||383,206|376,282|
|Cornwall
Council:||||||||
|Strategic Arts grants||166,716||||166,716|166,716|
|Arts Council England:||||||||
|HFC closure support costs|||||||250,000|
|||549,922||||549,922|792,998|
|Charity||559,341|32,895|||592,236|864,563|
##
|ommercial
trading operatio|ns||||||
|---|---|---|---|---|---|---|
||Unrestricted|funds|Restricted|funds|Total|Total|
||Designated|Operations
F|Projects|Long term|2021f|2020|
|Memberships||||||755|
|Gift aid receipt from HMRC||5,833|||5,833|77,994|
|||5,833|||5,833|78,749|
##
##
##
|ubsidiary
trading oper|at|ions||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||Cornwall||Theatre||||
|||||||||Hall|for Cornwall
Limited||||Productions|||Limited||||
||||||||||2021||2020|||2021
f|||||2020
E|
|Turnover|||||||||9,000||8,053|||||||18,523||
|HMRC receipt||||||||||||||||||(18,513)||
|Cost ofoperations|||||||||(2,312)||(1,935)|||||||||
|Net profit/(loss)|||||||||6,688||6,118||||||||10|
|Gift aid donation
to parent|||||||||(6,118)||(26,316)|||||||||
|Balance brought
forward|||||||||6,262||26,460||(421,188)||||(421,188)|||
|Retained
in the subsidiary|||||||||6,832||6,262||(421,188)||||(421,188)|||
|he Hall For Comwall
Trust|(The Trust) is the parent company ofthree wholly owned subsidiaries.|||||||||||||||||||
|Hall For Cornwall
Limited|undertakes||the|Trust's||commercial|||activities||which
indude|bar and|catering,||event||hires||and|
|ponsorship.
Included
in the costs ofthe Hall
Nil totalling fNil (2020:ENil). The company||||For Cornwall
Limited is an occupancy licence
will recommence
the above on reopening.||||||||fee ofENil and a management||||||fee of||
|Comwall
Theatre
Productions||Limited|accounts|||for|the research,
development
and
pre-production|||||||costs|of|any|in-house|||
|roductions
on behalf of The||Trust. On consolidation,|||||the expenditure|||is|included
in the|operation|of|The Hall.||The|company|||
|was dormant
in the period.||||||||||||||||||||
|ickets Cornwall
Limited, remained
dormant||||throughout||||the period.||||||||||||
|he results ofthe subsidiaries||are consolidated
on||||a line||by line basis in the Group financial statements.||||||||||||
|Other income||||||||||||||||||||
||||Unrestricted||||funds||||Restricted funds|||Total|||||Total|
||||Designated||||Operations||||Projects
Long term|||2021|||||2020|
||||||F||||||||||||||E|
|Heritage
Lottery Fund—||||||||||||||||||||
|Revealing
City Hall|||||||||||130,109|||130,109||||128,821||
|HMRC Job Retention Scheme||||||||51,572||||||51,572||||||
|Cultural
Compact —Truro|||||||||||29,085|||29,085||||||
|HMRC Theatre tax refund||||||||||||||||||18,513||
|Group and charity other||||||||||||||||||||
|income||||||||51,572|||159,154|||210,766||||147,334||
##
##
##
|Theatre operations|||||||
|---|---|---|---|---|---|---|
||Unrestricted|funds|Restricted|funds|Total|Total|
||Designated|Operations|Projects|Long term|2021|2020|
|||E||||E|
|Programme
services and use|||||||
|of premises||134,636|||134,636|178,834|
|Support and Governance|||||||
|costs||370,934|||370,934|407,546|
|Other costs:|||||||
|Depreciation
Non-recoverable
VAT *||24,546
11,305|||24,546
11,305|18,159
25,253|
|Group total||541,421|||541,421|629,792|
|Charity total||541,421|||541,421|629,792|
|Public engagement|||||||
|HFC Youth Engagement||7,270|15,572||22,842|75,625|
|Talent Development
Programme
**||50,699|13,757||64,456|52,828|
|Community
Club||||||2,160|
|Arts development||58,751|||58,751|35,774|
|Group and Charity total||116,720|29,329||146,049|166,387|
|Total charitable|||||||
|expenditure
—Group||658,141|29,329||687,470|796,179|
|Total charitable|||||||
|expenditure
-Charity||658,141|29,329||687,470|796,179|
##
##
##
|8c|Analysis of progr|amm|e|services and use of premises|||
|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted|
||||||2021|2020|
||Marketing,
communications|||and digital engagement|105,973|119,271|
||Boxoffice services||||11,934|18,886|
||Premises
and Front of House team||||16,729|40,677|
||Group and charity||||134,636|178,834|
|8d|Analysis ofsupport costs||||||
||||||Unrestricted|Unrestncted|
||||||2021f|2020|
||Finance and ITservices||||211,024|200,113|
||Central administration
and|||Directorate|121,553|173,121|
||HR services||||6,460|15,968|
||Group and charity||||339,037|389,202|
|8e|Governance costs||||||
||||||2021f|2020
L|
||Audit, accountancy
and
Legal and professional
Trustees' expenses||advisory fees
fees||14,493
15,289
2,115|6,675
6,572
5,097|
||Group and charity||||31,897|18,344|
|8f|Other charitable|activities|||||
||||||Restricted|Restricted|
||||||Funds|Funds|
||||||Projects|Projects|
||||||2021|2020|
|||||||E|
||Group and charity||||||
||Project costs —Revealing|||City Hall|130,109|128,821|
||Cultural
Compact Truro||||22,726||
||||||152,835|128,821|
##
|No
For|tes to the financial s
the year ended 31March|tes to the financial s
the year ended 31March|tatements
2027||||
|---|---|---|---|---|---|---|
|9|Net (expenditure)/income||for the year is stated after charging:||||
||||Group|Group|Charity|Charity|
||||2021|2020|2021|2020|
||||F|E|||
||Operating|leases|11,779|18,112|11,779|18,112|
||Depreciation||24,546|18,159|24,546|18,159|
||Auditors'|remuneration|||||
||Audit fees||8,900|7,250|6,500|5,000|
||Other||2,550|750|2,275|750|
##
##
##
##
|taff costs, trustee remuneration
and expenses and
taffcosts|cost of key management
personnel||
|---|---|---|
||2021|2020|
|Salaries and wages|548,495|492,149|
|Social security costs|52,631|51,570|
|Pension costs|11,519|10,317|
|Job Retention Scheme Support|(51,572)||
|Net staff costs|561,073|554,036|
##
##
##
##
##
|(2020:ENil).||
|---|---|
|Year ended|Year|
|31 March|ended 31|
|2021|March 2020|
||F|
|373,183|371,979|
##
|he average number|ofFTE employees
during the period was:|||
|---|---|---|---|
|||2021|2020|
|Theatre operations||2.6|3.5|
|Public engagement||3.8|3.8|
|Raising funds||2.6|1.6|
|Central Management|and services|6.3|4.8|
|Average FTE||15.3|13.7|
##
##
##
##
|13|Debtors|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Group|Group|Charity|Charity|
|||||||||2021|2020|2021|2020|
|||||||||||E|F|
||Trade debtors|||||||96,722|44,951|95,822|43,741|
||Amount due from||related companies|||||||741|797|
||Prepayments|and|accrued||income|||32,689|19,129|32,689|19,129|
||Other debtors|||||||2,240,828|426,193|2,240,828|426,193|
|||||||||2,370,239|490,273|2,370,080|489,860|
|14|Creditors: amounts|||falling due||within|one year|||||
|||||||||Group|Group|Charity|Charity|
|||||||||2021|2020|2021|2020|
||Trade creditors|||||||110,670|129,298|110,670|129,298|
||Accruals|||||||1,465,786|1,264,418|1,465,080|1,263,812|
||Deferred income||(note|15)||||77,435|9,794|77,435|9,794|
||Other
creditors||including||taxation|and|social|||||
||security|||||||18,577|14,597|18,577|14,597|
|||||||||1,672,468|1,418,107|1,671,762|1,417,501|
##
##
##
||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2021|2020|2021|2020|
|||||E|||
|Balance|at 1 April 2020||9,794|35,581|9,794|35,581|
|Released|to incoming|resources|(9,794)|(35,581)|(9,794)|(35,581)|
|Deferred|in the year||77,435|9,794|77,435|9,794|
|Balance|at 31 March|2021|77,435|9,794|77,435|9,794|
##
##
|Current|year||||||
|---|---|---|---|---|---|---|
|||Restricted|funds|Unrestricted|funds|2021|
|||Projects|Long term|Designated|Operations|Total|
|||||E|E||
|Tangible|assets||22,343,029|||22,343,029|
|Current|assets|48,109|1,975,179|250,000|739,877|3,013,165|
|Current|liabilities||(1,386,057)||(286,411)|(1,672,468)|
|||48,109|22,932,151|250,000|453,466|23,683,726|
##
|||Restricted|funds|Unrestricted|funds|2020|
|---|---|---|---|---|---|---|
|||Projects|Long term|Designated|Operations|Total|
|Tangible|assets||13,666,958|||13,666,958|
|Current|assets|38,184|1,754,194|250,000|699,962|2,742,340|
|Current|liabilities||(1,281,473)||(136,634)|(1,418,107)|
|||38,184|14,139,679|250,000|563,328|14,991,191|
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|Current year|Current year|Current year||||||
|---|---|---|---|---|---|---|---|
|||||Balance at|Income|Expenditure|Balance at|
|||||1 April|and|and|31 March|
|||||2020|transfers|transfers|2021|
|||||F|E|||
|Group||||||||
|Unrestricted||funds: Designated||||||
|Operational||Reserve||250,000|||250,000|
|Unrestricted||funds: Operations||||||
|Operations|fund|||563,328|625,919|(735,781)|453,466|
|Total unrestricted|||funds|813,328|625,919|(735,781)|703,466|
|Charity||||||||
|Unrestjicted||funds: Designated||||||
|Operational||Reserve||250,000|||250,000|
|Unrestricted||funds: Operations||||||
|Operations|fund|||557,068|623,037|(733,469)|446,636|
|Total unrestricted|||funds|807,068|623,037|(733,469)|696,636|
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##
|Prior year||||||||
|---|---|---|---|---|---|---|---|
|||||Balance at|Income|Expenditure|Balance at|
|||||1 April|and|and|31 March|
|||||2019|transfers|transfers|2020|
|||||F|E|E||
|Group||||||||
|Unrestricted||funds: Designated||||||
|Operational||Reserve||250,000|||250,000|
|Unrestricted||funds: Operations||||||
|Operations|fund|||542,700|958,135|(937,507)|563,328|
|Total unrestricted|||funds|792,700|958,135|(937,507)|813,328|
|Charity||||||||
|Unrestricted||funds: Designated||||||
|Operational||Reserve||250,000|||250,000|
|Unrestricted||funds: Operations||||||
|Operations|fund|||516,242|976,398|(935,572)|557,068|
|Total unrestricted|||funds|766,242|976,398|(935,572)|807,068|
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|||||Unrestricted|funds|Restricted funds|Restricted funds||Period|
|---|---|---|---|---|---|---|---|---|---|
|||||Designated|Operations|projects|Long|term|ended|
||||||||capital|project|31 March|
||||||||||2020|
|Income from:||||||||||
|Donations
and legacies|||||390||5,285,345||5,285,735|
|Operation
oftheatre and|||arts development|||||||
||||||845,897|18,666|||864,563|
|Commercial
trading|operation||||78,749||||78,749|
|Subsidiary
trading|operation||||8,053||||8,053|
|Investment
income|||||6,533||||6,533|
|Other income|||||18,513|128,821|||147,334|
|Total income|||||958,135|147,487|5,285,345||6,390,967|
|Expenditure
on:||||||||||
|Costs ofraising funds:||||||||||
|Cost ofraising voluntary||income|||92,014||||92,014|
|Subsidiary
trading
operation
Expenditure
on charitable
activtti'es:|||||1,935||||1,935|
|Operation
oftheatre and|||arts development|||||||
|Other|||||766,424|27,094
128,821||2,661|796,179
128,821|
|Total expenditure|||||860,373|155,915||2,661|1,018,949|
|Net (expenditure)fincome|||for the period|||||||
||||||97,762|(8,428)|5,282,684||5,372,018|
|Transfers between|funds||||(77,134)||77,134|||
|Net movement
in|funds||for the period|||||||
||||||20,628|(8,428)|5,359,818||5,372,018|
|Reconciliation
of|funds:|||||||||
|Total funds brought|forward|||250,000|542,700|46,612|8,779,861||9,619,173|
|Total funds carried forward||||250,000|563,328|38,184|14,139,679||14,991,191|