## Registered Charity Number: 1053352
Company number: 3158265 (England & Wales)
## Ryedale YMCA
(A company limited by guarantee and not having
a share capital and registered as a charity)
## ACCOUNTS
Year ended 31 March 2024
« 1 as
Ryedale YMCA (A company limited by guarantee and not having a share capital and registered as a charity) TRUSTEES’ REPORT
Reference and administrative details Full name of the charity: Ryedale YMCA Company registration number 3158265 (England & Wales) Registered charity number 1053352 Registered office of the charity The Sidings 73 Riverside View Norton Malton YO17 9RB Advisors Independent Examiner Jamie Pygas ACCA Townsend Harrison Ltd 13 Yorkersgate Malton YO17 7AA Bankers Natwest Bank PLC 27 Yorkersgate Malton North Yorkshire YO17 7AZ
## Directors and trustees
The directors of the charitable company (the charity) are its trustees for the purposes of charity law. The trustees and officers serving during the year and since the year end were as follows:-
Appointed Resigned Dr Susan Hawes (Chair) 13 March 2019 - Lucy Jennings 18 September 2019 - Sarah Jean Wintringham 24 March 2023 - Karen Taylor 12 April 2023 - Paul Wright 7 June 2023 1 May 2024 Lynn Coles 4 June2024 -
## Company Secretary
Richard Peters
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## Ryedale YMCA
(A company limited by guarantee and not having a share capital and registered as a chari TRUSTEES’ REPORT (Continued)
Key management personnel Chief Executive Officer Acting Chief Executive Officer
Sarah Hartley — Resigned 27 September 2023 Richard Peters
## Objectives and Activities of the Charity
The charitable objects of the organisation:
## Ryedale YMCA aims to embody the YMCA objectives as follows:
YMCA enables young people to develop their full potential in mind, body, and spirit. Inspired by, and faithful to our Christian Values, we create supportive, inclusive, and energising communities, where young people can truly belong, contribute and thrive.
Ryedale YMCA aims to provide safe, secure, supported accommodation of a high standard. We achieve this by:
- ensuring staff are supported, happy, and effectively managed in their roles;
- Providing a well-managed, maintained, and insured building;
- Building positive relationships with partner agencies and the winder community;
- Ensuring financial transparency and stability.
## Public benefits that arise from the charitable aims
We provide accommodation and support for homeless young people. This benefits the local community by removing many of the social problems associated with homelessness, and the wider community through vocational assistance, supporting residents as they learn to live independently.
The trustees confirm that they have referred to the Charity Commission’s guidance when reviewing the charity’s aims and objectives, and planning future activities.
The charity’ s aims including the changes or differences it seeks to make through its activities
We support young people who have had problems at home and now face the prospect of being homeless. Some require support to enter into further education, training or employment, to effectively manage a budget or to progress their claim for benefits. We aim to move young people through an effective program of support, and also a resettlement programme which should enable them to sustain an independent tenancy with a social or private landlord.
The charity manages the property known as The Sidings, in Malton, North Yorkshire. The property consists of 14 flats.
Support workers enable young people to gain basic life skills, equipping them to take an active role in society.
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## Ryedale YMCA
(A company limited by guarantee and not having a share capital and registered as a charity) TRUSTEES’ REPORT (Continued)
Details of significant activities (including its main programmes, projects, or services provided) that contribute to the achievements of the stated objectives.
Ryedale YMCA continues to offer accommodation to young people in the Ryedale area, aged between sixteen and thirty-five. Eight of the available fourteen rooms are contracted to the North Yorkshire Young Persons Housing Partnership. The referrals for these rooms come from a central hub based at the North Yorkshire Council. The contract is commissioned by the North Yorkshire Council and manged by Foundation Housing. We have a working agreement in place with Foundations Housing, to deliver support to the eight young people.
We continue to havea very close, positive working relationship with North Yorkshire Council. They recognise us as a housing provider, offering a high level of support and care to the young people who live here.
The other six rooms are for direct letting by ourselves. We will accept people up to the age of twenty-five, in need of housing. Generally, the referrals come from the North Yorkshire Council, however any agency can refer, and we also accept self-referrals.
We no longer administer the post of Homeless Prevention Officer as it has been transferred to Foundation Housing.
## Achievements and performance
The key challenges continue to be adapting to a changing environment, working with other colleagues and the needs of our residents. The impact of increasing mental health needs and the additional support required continues to be a challenge.
Face to face meetings and group work have continued and help us to support our residents with accessing other services, promoting self-care and resilience, and developing independent living skills.
We continue to develop the Foundation Housing contract for eight levels of support, with demand outstripping availability for the Pathway 2 support.
## Structure, Governance and Management
## Governing document
Ryedale YMCA Limited is a charitable company limited by guarantee, registered as a charity on 28 February 1996. The company was established under a Memorandum of Association which established the objects of the charitable company and is governed by the articles of association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.
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Ryedale YMCA (A company limited by guarantee and not having a share capital and registered as a chari TRUSTEES’ REPORT (Continued)
Appointment of the Executive Committee
The directors of the company are also charity trustees for the purpose of charity law, and under the company’s articles are known as the Executive Committee
The trustees who served during the year and set out on the Charity and Company Information page. None of the trustees receive any remuneration or benefits.
## Trustee induction and training
Most new trustees are already familiar with the practical work of the charity, having generally had some exposure to the work we do before being nominated for appointment.
Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role. In addition, new trustees are encouraged to visit The Sidings and familiarise themselves with the project.
## Organisational structure
The charity is governed by its Executive Committee, which meets on a regular basis. Advice and assistance is also provided by Y Housing and the YMCA for England and Wales.
The committee currently consists of six members, who meet every two months and are responsible for strategic direction and policy of the charity.
Day to day responsibility for the provision of the services rests with the Project Manager with support from the Chief Officer who are responsible for ensuring that the charity delivers the services specified, that performance criteria are met, and that staff skills and working practices are developed in line with YMCA guidelines. We recruited a new Chief Executive Officer in January 2022, tasked with driving the strategic direction of the organisation.
## Future of the scheme
As reported previously, Ryedale YMCA has joined a consortium of 5 similar YMCA schemes, known as Y Housing, and bought themselves out of previous arrangements with YMCA England. This was finalised in June 2018.
Blackburn YMCA trading as Y Housing, is now the legal owner of the properties until fully paid by each YMCA scheme, estimated over a period of 25 years, at which time each scheme has an option to purchase their property for a nominal fee of £1. Whether this option is taken up will depend on whether Registered Housing status has been achieved. The monthly payments to Y Housing effectively replace the rent previously paid YMCA England.
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Ryedale YMCA (A company limited by guarantee and not having a share capital and registered as a charity) TRUSTEES’ REPORT (Continued)
## Financial Review
## Policies on reserves
The trustees aim is for the unrestricted reserves to remain at a level of three months operating costs, to ensure that the charity could meet its financial obligations if there was a significant reduction in income. At present, this equates to approximately £53,000. The trustees are satisfied with the level of reserves.
## Financial position
The financial statements are set out on pages 7 to 16.
The Statement of Financial Activities show net deficit resources for the year of £42,914 (2023: surplus of 51,023), with £29,181 (2023: surplus of £29,231) relating to unrestricted activities and £13,733 relating to restricted reserves.
The total reserves at the year-end stand at £184,315 (2023: £227,228), of which free unrestricted reserves amounted to £172,435 (2023: £201,616).
## Plans for Future Periods
Our commitment to providing a relevant service for young homeless people is paramount, and the trustees continue to work to this end. We remain optimistic that we will be able to continue at these levels.
The name of the Chief Officer and other senior staff members to whom day to day management to the charity is delegated by the charity trustees.
Chief Executive Officer Sarah Hartley — Resigned 27 September 2023 Acting Chief Executive Officer Richard Peters Operations Manager Kevin Cooke Finance Officer Katie Jackson
This report was approved by the trustees, and signed on their behalf by:
Dr Susan Hawes Chair Dated: 16 July 2024
-6Ryedale YMCA (A company limited by guarantee and not having a share capital and registered as a charity) INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES OF Ryedale YMCA
| report on the accounts for the year ended 31 March 2024 set out on pages 7 to 16.
## Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) 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 (the Charities Act) and that an independent examination is needed. The charity’s income exceeded £250,000 and | am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.
## It is my responsibility to:
- e examine the accounts under section 145 of the Charities Act; e to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5) (b) of the Charities Act; and
- e to state whether particular matters have come to my attention.
## Basis of independent examiners’ report
My 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 seeking explanations from the 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 my examination, no matter has come to my attention to indicate that:
- ® accounting records have not been kept in accordance with section 386 of the Companies Act 2006; e the accounts do not accord with such records;
- e the accounts having been prepared on an accruals basis, fail to comply with the relevant accounting requirements under section 396 of the Companies Act 2006, and are not consistent with the Charities SORP (FRS102);
- ¢ any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts. P
P = Jamie Pygas ACCA Townsend Harrison Limited Chartered Certified Accountants 13 Yorkersgate Malton YO17 7AA
## «Jie
## Ryedale YMCA
(A company limited by guarantee and not having a share capital and registered as a charity) STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNT) for the year ended 31 March 2024
|||2024|2024|2024|2023|
|---|---|---|---|---|---|
||Unrestricted||Restricted|Total|Total|
|||funds|funds|||
||Notes|£|£:|£|£|
|Income from:||||||
|Donations and legacies|2|11,549|-|11,549|7,040|
|Income from charitable activities|3|195,760|-|195,872|201,873|
|Income from other activities|4|1,790|12,000|13,790|53,600|
|Investment Income|5|4,365|-|4,365|-|
|Total income||213,464|12,000|225,464|262,512|
|Expenditure on:||||||
|Charitable activities||209,481|25,733|235,214|180,866|
|Management and administration costs||||||
|in support ofcharitable activities||33,043|-|33,163|30,624|
|Total expenditure|6|242,645|25,733|268,378|211,490|
|Net income||(29,181)|(13,733)|(42,914)|51,023|
|Transfer between funds||-|.|-|-|
|Netmovement infunds||(29,181)|(13,733)|(42,914)|51,023|
|Total funds at 1 April 2023||201,616|25,613|227,228|176,206|
|Totalfundsat31March2024|14|172,435|11,880|184,315|227,228|
All income and expenditure derive from continuing activities.
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## Ryedale YMCA
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|||||||||
|---|---|---|---|---|---|---|---|
|A|company|limited|by|guarantee|and|not|havin|
|a|share|capital|and|registered|as|a|charit|
|BALANCE|SHEET|
|AsMarchat|31|2024|
|2024|2023|
|£|£|£|
|Notes|
|FIXED|ASSETS|
|Tangible|assets|10|27,386|30,429|
|CURRENT|ASSETS|
|Debtors|11|26,997|25,868|
|Cash|at|bank|and|in|hand|140,849|178,211|
|167,846|204,079|
|CREDITORS:|Amounts|falling|
|due|within|one|year|12|10,917|7,280|
|NET CURRENT ASSETS|156,929|196,799|
|NET ASSETS|13|184,315|227,228|
|UNRESTRICTED|FUNDS|
|General|funds|172,435|201,616|
|172,435|201,616|
|RESTRICTED|FUNDS|
|Restricted|funds|11,880|25,613|
|TOTAL FUNDS|14|184,315|227,228|
**----- End of picture text -----**
The trustees and directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The notes on pages 16 to 25 form an integral part of these accounts.
The income and expenditure account has not been delivered to the Registrar of Companies.
These accounts, which have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies, were approved by the trustees and directors on 16 July 2024 and signed on their behalf by:
**----- Start of picture text -----**
Miho, |
Chair — Dr Susan Hawes
**----- End of picture text -----**
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## Ryedale YMCA
A company limited by guarantee and not havin a share capital and registered as a chari NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024
**----- Start of picture text -----**
1. ACCOUNTING POLICIES
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## Basis of preparation
The accounts (financial statements) have been prepared under the historic cost convention, with items recognised at cost or transaction value, unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:
a) The Charities Act 2011 b) The Companies Act 2006 c) The Financial Reporting Standard applicable in the UK and the Republic of Ireland: (FRS102)
## Incoming resources
All incoming resources are included in the statement of Financial Activities when receipt is probable or more likely than not to be received, and the amount can be quantified with reasonable accuracy.
## Resources expended
All expenditure is accounted for on accruals basis, and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basic consistent with use of the resources.
## Fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Items costing less than £100 are not normally capitalised.
Depreciation has been provided at the following rates in order to write off the assets (less their estimated residual value) over their useful economic lives.
Office equipment, fixture & fittings 20% per annum on cost Property improvements 10% per annum on cost
## Capital grants
Revenue grants are included in the statement of Financial Activities when the condition for receiving the grant have been met.
Capital grants are treated as deferred income in the Balance Sheet, and are released to the Statement of Financial Activities over the useful life of the asset to which they relate.
Pension Costs Ryedale YMCA operates a defined contribution pension scheme into which all eligible employees are auto-enrolled.
=/4Q
## Ryedale YMCA
A company limited by guarantee and not havin a share capital and registered as a charity) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024
## Unrestricted funds
Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds. Unrestricted funds can be transferred to cover deficits on restricted funds only on the agreement of the trustees.
## Restricted funds
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of management and support costs.
2. INCOME FROM DONATIONS AND LEGACIES
|||||2024|2023|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||£|£|£|£|
||Donations and legacies|||||
||Donations|11,549|-|11,549|7,040|
|||11,549|.|11,549|7,040|
|3.|INCOME FROM CHARITABLE ACTIVITIES|||||
||Rent receivable|189,011|.|189,123|167,214|
||Lossesfromvoids|(36,381)|-|(36,381)|(11,324)|
||Residents charges|11,964|-|11,964|6,990|
||Supporting People grant|31,167|-|31,167|38,992|
|||195,760|-|195,760|201,872|
|4.|INCOME FROM OTHER ACTIVITIE|||||
||Fundraising activities|1,790|-|1,790|2,600|
||Other Grants|.|12,000|12,000|51,000|
|||1,790|12,000|13,790|53,600|
|5:|Investment Income|||||
||Bank interest receivable|4,365|-|4,365|-|
|||213,464|12,000|225,464|262,515|
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## Ryedale YMCA
## (A company limited by guarantee and not having a share capital and registered as a charity) NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024
## 6. ANALYSIS OF EXPENDITURE
|ANALYSIS OF EXPENDITURE|||||
|---|---|---|---|---|
||||2024|2023|
||Unrestricted|Restricted|Total|Total|
|Charitable activities|||||
|Salariesand wages|108,925|-|109,045|119,524|
|Management charges|16,746|-|16,746|632|
|Maintenance costs|50,646|25,543|76,188|39,229|
|Light and heat|23,091|-|23,091|10,464|
|Rates and water|1,201|-|1201.|1,450|
|Insurance|5,770|-|5,770|5,143|
|Cleaning, household, and laundry|1,949|-|1,949|1,600|
|Resident activities|901|190|1,091|2,269|
|Travel expenses|251|-|251|555|
||209,481|25,733|235,214|180,866|
|Management and administration costs in support of charitable activities|||||
|Salaries—Administrative staff|15,027|-|15,027|12,718|
|Affiliation fees|995|-|995|1,005|
|Stafftraining|-|-|-|375|
|Bad debts|.|-|.|-|
|Legal and professional fees|4,457|-|4,457|3,560|
|Telephone and postage|5,662|-|5,662|3,378|
|Printing, stationery and advertising|173|-|173|2,829|
|Independent examiners fees|1,800|-|1,800|1,800|
|Printing, stationery and postage|1,090|-|1,090|1;273|
|Subscriptions|341|-|341|-|
|Recruitmentexpenses|244|-|244|-|
|Sundry expenses|332|-|332|305|
|Depreciation offixed assets|3,043|-|3,043|3,381|
||33,163|-|33,163|30,624|
|TotalExpenditure|242,645|25,733|268,378|211,490|
“2!
## Ryedale YMCA
- (A company limited by guarantee and not having a share capital and registered as a charity) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024
## Vs Surplus for the financial year
||This is stated after charging: -|||
|---|---|---|---|
|||2024|2023|
||Depreciation ofowned fixed assets|3,043|3,281|
||Pension costs|1,833|1,951|
||Independent examiner's fees|1,800|1,800|
|||6,676|7,032|
|8.|STAFF COSTS AND NUMBERS|||
||Staff costs were as follows:-|||
||Wages and salaries|118,107|125,649|
||Social security costs|4,012|9,596|
||Pension|1,833|1,951|
|||124,952|137,196|
No employee received emoluments of more than £60,000. The average number of employees during the year was 7 (2023: 7) including 1 Administration (2023: 1).
There were no fees or other remuneration or expenses paid to the trustees.
Salary paid to the Chief Executive Officer for the year was £17,593.96 (2023: £30,694)
## 9. TAXATION
The company is accepted as a charity for tax purposes and is exempt from tax on its income or gains to the extent that they are applied for charitable purposes.
fF.
## Ryedale YMCA
(A company limited by guarantee and not having a share capital and registered as a charity) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024
## 10. TANGIBLE FIXED ASSETS
||Property|Fixture, fittings||
|---|---|---|---|
||Improvements|and equipment|Total|
|Cost||||
|As at 1 April 2023|50,499|46,917|97,415|
|Additions|-|-|-|
|Disposals|-|-|-|
|At 31 March 2024|50,499|46,917|98,415|
|Depreciation||||
|As at 1 April 2023|20,070|46,917|66,986|
|Charge foryear|3,043|-|3,043|
|Eliminated on disposal|-|-|-|
|At 31 March 2024|23,113|46,917|70,029|
|Net Book Value||||
|At 31 March 2023|30,429|-|30,429|
|At31March2024|27,386|-|27,386|
11. DEBTORS: Amounts falling due within one year
|11.|DEBTORS: Amounts falling due within one yearyear|||
|---|---|---|---|
|||2024|2023|
|||£|£|
||Trade debtors|5,319|3,175|
||Otherdebtors|21,678|22,693|
|||26,997|25,868|
|12.|CREDITORS: Amounts falling due within oneyear|||
|||2024|2023|
||Bank loans and overdrafts|-|200|
||Trade creditors|3,637|-|
||Accrued expenses|2,353|2,670|
||Other creditors|4,928|4,410|
|||10,917|7,280|
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## Ryedale YMCA
A company limited by guarantee and not havin a share capital and registered as a chari NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024
## 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
|Tangible fixed assets|27,386|-|27,386|
|Current assets|155,966|11,880|167,846|
|Current liabilities|(10,917)|-|(10,917)|
||172,435|11,880|184,315|
|14.|MOVEMENTS IN FUNDS||||||
|---|---|---|---|---|---|---|
|||Balance|Incoming|Outgoing|||
||1|April 2023|resources|resources|Transfers|31Mar24|
||Restricted funds||||||
||Santander|668|-|-|-|668|
||Minibus fund|3,153|.|-|-|3,153|
||The Sidings Refurbishment Project 21,567||12,000|25,543|.|8,024|
||Cost of Living Fund (COL Project)|225|-|190|-|35|
||Total restricted funds|25,613|12,000|25,733|.|11,880|
||Unrestricted funds||||||
||General funds|201,616|213,464|242,645|-|172,435|
||Total unrestricted funds|201,616|213,464|242,645|.|172,427|
||Totalfunds|227,228|225,464|268,378|-|184,315|
15. MOVEMENTS IN FUNDS
Purpose of restricted funds
The Santander grant is used for contributions toward residents’ activities.
The minibus fund exists to fund the future acquisition of a minibus or other transport for the residents.
The Sidings Refurbishment fund is used for refurbishment of accommodation for young homeless people and work on the Wardens House.
The Cost of Living Fund (COL Project), also referred to as Two Ridings, was established to assist with the purchasing of food and provision of electric tokens, with the award of a £2,000 grant to assist with this.
Pa er
Ryedale YMCA (A company limited by guarantee and not having a share capital and registered as a charity) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024
## 16. Related party transaction
In June 2018, Ryedale YMCA joined a consortium of five other YMCA schemes, known as Housing. The purpose of Y Housing being to purchase the property of each of the schemes, from YMCA England.
After a period of twenty-five years, Ryedale YMCA has an option to purchase the property for a nominal sum. A pre-requisite to taking up this option is that Ryedale YMCA has been granted Registered Provider status by the Regulator of Social Housing.
Ryedale YMCA makes monthly rental payments of Blackburn YMCA Housing. The total paid for the year was £16,746 (2023: £15,119).
## 17. Share Capital
The charity is incorporated under the Companies Act, and is limited by guarantee, each member having undertaken to contribute such sums not exceeding £1, as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter.
-16=
## Ryedale YMCA
(A company limited by guarantee and not having a share capital and registered as a charity) INCOME AND EXPENDITURE ACCOUNT for the year ended 31 March 2024
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|||||||
|---|---|---|---|---|---|
|Income|2024£|2023£|
|Donations|11,549|7,040|
|Rent|receivable|189,011|167,214|
|Losses from|voids|(36,381)|(11,324)|
|Residents charges|11,964|6,990|
|Supporting|People|Grant|31,167|38,992|
|207,309|208,912|
|Oher|Income|
|Fundraising|activities|1,790|2,600|
|Other Grants|12,000|51,000|
|13,790|53,600|
|Investment|Income|
|Bank|interest|receivable|4,365|-|
|4,365|-|
|less:|Expenses|
|Salaries and wages|123,952|132,242|
|Management|charges|16,746|632|
|Maintenance|costs|76,188|39,229|
|Light and|heat|23,092|10,464|
|Rates and water|1,201|1,450|
|Insurance|5,770|5,143|
|Cleaning,|household|and|laundry|1,949|1,600|
|Residents|activities|1,091|2,269|
|Travel|expenses|251|555|
|Affiliation|fees|995|1,005|
|Staff training|-|375|
|Legal|and|professional|fees|4,457|3,560|
|Telephone|and|postage|5,662|3,378|
|Printing,|stationery and|advertising|1,263|2,829|
|Independent|examiners fees|1,800|1,800|
|Subscriptions|341|1,273|
|Recruitment|expense|244|-|
|Sundry|expenses|332|305|
|Depreciation|of fixed|assets|3,043|3,381|
|268,378|211,490|
|SURPLUS/(Deficit)|OF|INCOME OVER|EXPENDITURE|(42,914)|51,022|
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