##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||Notes|funds
I|fundsI|fundsI|fundsI|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations and legacies||3|2,597||2,597|2,842|
|Charitable
activities|||||||
|General advice and information|||597,671|220,173|817844|777,185|
|Training
and advice projects|||71,201|58,980|130,181|96,600|
|Money advice projects||||454,943|454,943|388,464|
|Other income||5|2,504||2,504|20,554|
|Total|||673,973|734,096|1,408,069|1,285,645|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|General advice and information|||479,539|205,255|684,794|712,796|
|Training
and advice projects|||66,701|45,582|112,283|99,321|
|Money advice projects||||488,781|488,781|399,998|
|Total|||546,240|739,618|1,285,858|1,212,115|
|NET INCOME/(EXPENDITURE)|||127,733|(5,522)|122,211|73,530|
|Other recognised gains/(losses)|||||||
|Actuarial
gains/(losses)
on defined|benefit||||||
|schemes|||2,265||2,265|(37,925)|
|Net movement
in funds|||129,998|(5,522)|124,476|35,605|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||315,776|40,081|355,857|320,252|
|TOTAL FUNDS CARRIED FORWARD|||445,774|34,559|480,333|355,857|
||Notes|2022I|2021
I|
|---|---|---|---|
|FIXEDASSETS||||
|Tangible assets|13|39,627|8,567|
|CURRENT ASSETS||||
|Debtors|14|33,014|75,073|
|Cash at bank||803,531|725,431|
|||836,545|800,504|
|CREDITORS||||
|Amounts
falling due within one year|15|(302,452)|(350,062)|
|NET CURRENT ASSETS||534,093|450,442|
|TOTAL ASSETSLESSCURRENT LIABIlITIES||573,720|459,009|
|PENSION LIABILITY|19|(93,387)|(103,152)|
|NET ASSETS||480,333|355,857|
|FUNDS|18|||
|Unrestricted
funds||445,774|315,776|
|Restrided
funds||34,559|40,'081|
|TOTAL FUNDS||480,333|355,857|
##
##
||||2022|2021|
|---|---|---|---|---|
|||Notes|6|6|
|Cash flows from operating|activities||||
|Cash generated
from operations||1|131,756|242,400|
|Net cash provided
by operating|activities||131,756|242,400|
|Cash flows from investing|activities||||
|Purchase oftangible fixed assets|||(53,656)|(9,853)|
|Net cash used in investing
activities|||(53,656)|(9,853)|
|Change
in cash and cash equivalents||in|||
|the reporting
period|||78,100|232,547|
|Cash and cash equivalents|atthe||||
|beginning ofthe reporting|period||725,431|492,884|
|Cash and cash equivalents|atthe end|of|||
|the reporbng
pertiod|||803,531|725,431|
##
||RECONCILIATION||OF NET INCOME TO NET CASH FLOW FROM|OF NET INCOME TO NET CASH FLOW FROM|OPERATING|ACTIVITIES||
|---|---|---|---|---|---|---|---|
|||||||2022I|2021
6|
||Net income forthe||reporting|period (as per the Statement of||||
||Financial Activities)|||||122,211|73,530|
||Adjustments
for:|||||||
||Depreciation
charges|||||22,596|8,182|
||Decrease/(increase)|in debtors||||42,059|(6,644)|
||(Decrease)/increase|in creditors||||(47,610)|173,332|
||Difference between|pension charge and cash contributions||||(7,500)|(6,000)|
||Net cash provided|by operations||||131,756|242,400|
|2.|ANALYSIS OFCHANGES IN|||NET FUNDS||||
|||||At|1/4/21
I|Cash flow
I|At' 31/3/22|
||Net cash|||||||
||Cash at bank||||725,431|78,100|803,531|
||||||725,431|78,100|803,531|
||Total||||725,431|78,100|803,531|
##
##
##
##
##
|DONATIONS
AND LEGACIES||||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021I|
|Donations||||||2,597|2,842|
|INCOME FROM CHARITABLE|ACTIVITIES|||||||
||Activity|||||2022
6|2021I|
|Grants and contract income|General|advice and information||||817PI4|777,185|
|Grants and contract income|Training|and advice projects||||130,181|96&600|
|Grants and contract income|Money|advice projects||||454,943|388,464|
|||||||1,402,968|1,262,249|
|Grants received,
included
in the|above,|are as follows:||||||
|||||||2022I|2021I|
|London Borough of Hammersmith|ik Fulham Advice Station|||Service|Level|||
|Agreement||||||539,000|524,003|
|Toynbee
Hall - The DFL Project||||||171,209|198,391|
|Nabonal
Citizens Advice - Help to Claim||||||76,223|79,932|
|Citizens Advice - HelpThrough
Hardships||Helpline Grants||||183,357|62,940|
|London Borough of Hammersmith|tk Fulham - Digital Inclusion|||||38,201|59,600|
|The National
Lottery Community|Fund Grant||||||23,085|
|National
Citizens Advice - West London||Best Practice||||20,334|39,648|
|Clic Sargent telephone
project||||||33,000|37,000|
|City Bridge Trust Grant||||||49,000|36,626|
|The Henry Smith Grant||||||36,600|35,800|
|London Borough of Hammersmith|ik Fulham - Aflbrdabiiity|||Project||26,250|35,000|
|TNLCF Covid-19 Response
Fund|Grant|||||5,290|30,376|
|London Borough of Hammersmith|BiFulham - EU Citizens Settlement||||Scheme||22,500|
|Smart Energy Grant|||||||18,729|
|W12Together||||||15,611|18,467|
|National
Citizens Advice - Energy|Advice|Programme||||16,087|12,960|
|Hammersmith
Uniiied ik Dr Edward
Bishop Kings||||||13,162|9,514|
|Midaye Grant||||||8,066|5,500|
|National
Citizens Advice Infrastructure
Grant|||||||3,804|
|The NaBonal Lottery Capital Grant|||||||3,374|
|Citizens Advice - Pan London Adviceline||Development|Grant|||27,644|5,000|
|The Nadonal
Lottery Community|Fund -|RC London and South East London-||||||
|Help Hub Grant||||||81,045||
|Department
for Work and Pensions - Kick Start Grant||||||15,249||
|Carried forward||||||1355328|1~262/249|
##
##
##
##
##
##
##
##
||||Support|Governance||
|---|---|---|---|---|---|
||||costs|costs|Totals|
||||E|E|E|
|General|advice and information||48,132|3,737|51,869|
|Training|and advice projects||5,650|362|6,012|
|Money advice projects|||40,902|2,523|43,425|
||||94,684|6,622|101,306|
|Comparatives
for support||costs||||
||||Support|Govemano.||
||||coals|costs|Totals|
|||||E|E|
|General|advice and information||112,329|3,743|116,072|
|Training|and advice projects||9,495|581|10,076|
|Money advice projects|||43,144|2,131|45,275|
||||164,968|6,455|171,423|
|NET INCOME/(EXPENDITURE)||||||
|Net income/(expenditure)||is stated after chanling/(crediting):||||
|||||2022|2021|
|||||E||
|Auditors'|remuneration|||5,300|5,300|
|Other non-audit
services||||950|950|
|Depreciation - owned assets||||22,596|8,182|
|Operating|leases|||9,400|31,715|
##
##
##
##
|||2022|2021|
|---|---|---|---|
|||E|E|
|Wages|and salaries|1,041,925|923,735|
|Social|security costs|87,754|79,129|
|Other|pension costs|28,583|26,928|
|||1,158,262|1,029,792|
##
|The average
monthly
n|um|be|r of|e|mployee|s
during th|e ye|ar was|as|follo|ws:|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2022|||2021|
|Advisors and assessors||||||||||||38|||37|
|Management
and administration||||||||||||7|||7|
|||||||||||||45|||44|
|The number ofemployees||whose||employee
benefits|||(excluding||employer||pension costs)|exceeded||660,000was:||
|||||||||||||2022|||2021|
|660,001 - 170,000|||||||||||||||1|
|The key management|team||is considered|||to be the|senior management||||team. Remuneration||of|6250,390
(2021||
|6294,947) was paid to|Key||Management|||Personnel.|This|Includes||pension
scheme contriibutions||||of110,123 (2021||
|111,743).||||||||||||||||
|Volunteers||||||||||||||||
|We recruited
52 volunteers|||42%|ofwhom||were from Hammersmith||||and Fulham. 13volunteers|||leit,||ofwhich
85%|
|went
into full time work||(29% of|||whom|got work with||CAHF)|and 15%of volunteer|||leavers|went||into full
time|
|study.||||||||||||||||
|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES||||||||||||||||
|||||||||||Unrestricted||Restricted|||Total|
||||||||||||fundsI|funds|||fundsI|
|INCOME AND ENDOWMENTS||||FROM||||||||||||
|Donations
and legacies|||||||||||2,842||||2,842|
|Charitable
activities||||||||||||||||
|General advice and information|||||||||||582,303|194,882|||777,185|
|Training
and advice projects|||||||||||96,600||||96,600|
|Money advice projects|||||||||||35,000|353,464|||388,464|
|Other income|||||||||||20,554||||20,554|
|Total|||||||||||737,299|548,346|||1,285,645|
|EXPENDITURE ON||||||||||||||||
|Charitable activities||||||||||||||||
|General advice and information|||||||||||173,486|539,310|||712,796|
|Training
and advice projects|||||||||||99,321||||99,321|
|Money advice projects|||||||||||399,998||||399,998|
|Total|||||||||||672,805|539,310|||1,212,115|
|NET INCOME|||||||||||64,494|9,036|||73,530|
|Other recognised gains/(losses)||||||||||||||||
|Actuarial
gains/(losses)|on|defined|||benefit|||||||||||
|schemes|||||||||||(37,925)||||(37,925)|
|Net movement
in funds|||||||||||26,569|9,036|||35,605|
##
##
|COMPARATIVES FORTHE|COMPARATIVES FORTHE|COMPARATIVES FORTHE|STATEMENT OF FINANCIAL ACTIVITIES -continued|STATEMENT OF FINANCIAL ACTIVITIES -continued|STATEMENT OF FINANCIAL ACTIVITIES -continued|STATEMENT OF FINANCIAL ACTIVITIES -continued|STATEMENT OF FINANCIAL ACTIVITIES -continued|STATEMENT OF FINANCIAL ACTIVITIES -continued|STATEMENT OF FINANCIAL ACTIVITIES -continued|STATEMENT OF FINANCIAL ACTIVITIES -continued|STATEMENT OF FINANCIAL ACTIVITIES -continued||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Unrestdictad||||Restricted||Total|
|||||||||funds||||funds||funds|
|||||||||E||||E||E|
|RECONCILIATION||OF FUNDS|||||||||||||
|Total funds brought||forward||||||289,207||||31,045||320,252|
|TOTAL FUNDS CARRIED FORWARD||||||||315,776||||40,081||355,857|
|TAXATION|||||||||||||||
|Hammersmith
and|Fulham||Citizens|Advice|Bureaux|Service||is a registered||chadity||and
therefore||potentiall|
|exempt from taxation||of iis income||and gains,|as Hammersmith|||and Fulham|Citizens||Advice Bureaux|||Service
fa|
|within
the definition||of a charitable||company|as defined||in Part 1, Schedule||6|of the Finance|||Act 2010. No
t||
|charge has arisen during the|||year.||||||||||||
|TANGIBLE FIXED|ASSETS||||||||||||||
|||||||||Short|||Plant and||||
|||||||||leasehold|||machinery|||Totals|
|||||||||E||||E||E|
|COST|||||||||||||||
|At 1April 2021||||||||2,133||||137,717||139,850|
|Additions||||||||||||53,656||53,656|
|At31March 2022||||||||2,133||||191,373||193,506|
|DEPRECIATION|||||||||||||||
|At 1April 2021||||||||2,133||||129,150||131,283|
|Charge for year||||||||||||22,596||22,596|
|At 31March 2022||||||||2,133||||151,746||153,879|
|NET BOOKVALUE|||||||||||||||
|At 31 March 2022||||||||||||39,627||39,627|
|At 31 March 2021||||||||||||8,567||8,567|
|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE||||||YEAR|||||||||
|||||||||||||2022||2021|
|||||||||||||E||E|
|Contract income ieceivable||||||||||||27,891||50,976|
|Other debtors and prepaymenis||||||||||||5,123||24,097|
|||||||||||||33,014||75,073|
##
##
##
##
##
|||||2022
f|2021
f|
|---|---|---|---|---|---|
|Operational
creditors||||37,278|26,467|
|Social security and other taxes||||23,379|23,241|
|Other credilois and accruals||||66,334|109,976|
|Defened|income|||175,461|190,378|
|||||302,452|350,062|
|Deferred|Income|||||
|Balance|at 1April|2021||190,378|51,549|
|Amounts|released|to incoming|resources|(100,864)|(29,497)|
|Amount|deferred|in the year||85,647|168/26|
|Balance|at 31March 2022|||175,461|190378|
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||f|f|
|Within one year||||9,400|9,400|
|Between|one and five years|||37,600|37,600|
|In more|than five years|||9,400|19,200|
|||||56,400|66,200|
|ANALYSIS OF NET ASSETS BETWEEN FUNDS||||||
|||||2022|2021|
|||Unrestriicled|Restricted|Total|Total|
|||funds
f|funds
f|funds
f|funds
f|
|Fixed assets||39,627||39,627|8,567|
|Oirrent|assets|790,500|46,045|836,545|800,504|
|Current|liabilities|(290,966)|(11,486)|(302,452)|(350,062)|
|Pension|liability|(93,387)||(93,387)|(103,152)|
|||445,774|34,559|480,333|355,857|
|||Unresb icled|Resbiaed|2021|
|---|---|---|---|---|
|||funds|funds
f|Totalfunds
f|
|Rxed assets||8,567||8,567|
|Current|assets|631,486|169,018|800,504|
|Current|liabilities|(221,125)|(128,937)|(350,062)|
|Pension|liability|(103,152)||(103,152)|
|||315,776|40,081|355,857|
##
##
|18.|MOVEMENT IN FUNDS|MOVEMENT IN FUNDS|||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1/4/21
6|in funds
6|funds
6|31/3/22
I|
||Unrestricted
funds||||||||
||Generalfund||||412,032|127,733|(41,251)|498,514|
||General fund - Capital||||6,896||41,251|48,147|
||Pension reserve||||(103,152)|2,265||(100,887)|
||||||315,776|129,998||445,774|
||Restricted funds||||||||
||Debt Free London||||P,072)|6,640||(432)|
||Foodbank - Hammersmith||and Fulham||(13,238)|13,916||678|
||Gtizens Advice - EBDExtra Advice||||15,398|||15,398|
||Citizens Advice - Big Energy Savings Week||||4,000|(4,000)|||
||Citizens Advice - Consumer||Empowerment||||||
||partnership||||7,441|(7,441)|||
||Citizens Advice - Energy|Advice Programme|||363|2,602||2,965|
||Citizens Advice - Help to|Claim|||(1,114)|1,114|||
||Citizens Advice - Universal||Credit|||3,052||3,052|
||City Bdidge Trust Fund||||125|1,987||2,112|
||The National
Lottery Community|||Fund-|||||
||Coronavirus
Community|Support||Fund|23,038|(23,038)|||
||W12Together and Midaye||Fund||5,477|(1,384)||4,093|
||Citizens Advice - Pan London Adviceline||||||||
||Development
Fund||||704|(704)|||
||Smart Energy Fund||||2,581|(2,581)|||
||Gty Bridge Trust TNLCF|COVID-19|||||||
||Response
Fund||||2,378|(825)||1,553|
||The National
Lottery Community|||Fund - RC|||||
||London and South East Region -|||Help Hub||2,044||2,044|
||Kickstart|||||(2,689)||(2,689)|
||West London Welcome|||||5,785||5,785|
||||||40r081|(5,522)||34,559|
||TOTAL FUNDS||||355,857|124,476||480333|
##
##
##
|Net movement
in funds,|i|ncluded|in the above|are as follows:||||
|---|---|---|---|---|---|---|---|
|||||Incoming|Resources|Gains and|Movement|
|||||resources|expended
I|losses
6|in funds
I|
|Unrestrfcted
funds||||||||
|General fund||||673,973|(546,240)||127,733|
|Pension reserve||||||2,265|2,265|
|||||673,973|(546,240)|2,265|129,998|
|Restricted funds||||||||
|Debt Free London||||171,209|(164,569)||6,640|
|Foodbank-
Hammersmith||and Fulham||232,743|(218,827)||13,916|
|Citizens Advice - Big Energy Savings Week|||||(4,000)||(4,000)|
|Citizens Advice - Consumer||Empowerment||||||
|Partnership|||||(7,441)||(7,441)|
|Gtizens Advice - Energy|Advice Programme|||16,087|(13,485)||2,602|
|Citizens Advice - Help to|Claim||||1,114||1,114|
|Citizens Advice - Universal||Credit||96,557|(93,505)||3,052|
|City Bridge Trust Fund||||49,000|(47,013)||1,987|
|The National
Lottery Community|||Fund-|||||
|Coronavlrus
Community|Support||Fund||(23,038)||(23,038)|
|W12Together and Midaye||Fund||23,677|(25,061)||(1,384)|
|Ctizens Advice - Pan London Adviceline||||||||
|Development
Fund||||27,644|(28,348)||(704)|
|Smart Energy Fund|||||(2,581)||(2,581)|
|City Bridge Trust TNLCF|COVID-19|||||||
|Response
Fund||||5,290|(6,115)||(825)|
|Citizens Advice - BEIS||||5,180|(5,180)|||
|The National
Lottery Community|||Fund - RC|||||
|London and South East Region -|||Help Hub|81,045|P9,001)||2,044|
|Kickslart||||15,249|(17,938)||(2,689)|
|West London Welcome||||10,415|(4,630)||5,785|
|||||734,096|(739,618)||(5,522)|
|TOTAL FUNDS||||1,408,069|(1,285,858)|2,265|124,476|
##
##
|Comparatives
for mov|e|ment|in funds||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At' 1/4/20|in funds
I|31/3/21|
|Unrestricted
funds|||||||
|General fund||||353,538|58,494|412,032|
|General fund - Capital||||6,896||6,896|
|Pension reserve||||(71,227)|(31,925)|(103,152)|
|||||289,207|26,569|315,776|
|Restricted funds|||||||
|Debt Free London||||996|(8,068)|(7,072)|
|Foodbank - Hammersmith|and Fulham|||2,258|(15,496)|(13,238)|
|Citizens Advice - EBD Extra||Advice||15,398||15,398|
|Citizens Advice - Big Energy Savings Week||||4,000||4,000|
|Citizens Advice - Consumer||Empowerment|||||
|Partnership||||7,441||7,441|
|Citizens Advice - Energy|Advice||Programme|259|104|363|
|Citizens Advice - Help to|Claim|||693|(1,807)|(1,114)|
|City Bridge Trust Fund|||||125|125|
|The National
Lottery Community|||Fund-||||
|Coronavirus
Community|Support||Fund||23,038|23,038|
|W12Together and Midaye Fund|||||5,477|5,477|
|Gtizens Advice - Pan London Adviceline|||||||
|Development
Fund|||||704|704|
|Smart Energy Fund|||||2,581|2,581|
|City Bridge Trust TNLCF|COVID-19||||||
|Response
Fund|||||2,378|2,378|
|||||31,045|9,036|40,081|
|TOTAL FUNDS||||320,252|35,605|355,857|
##
##
##
##
##
##
##
##
##
##
||||||||31.3.2022|31.3.2021|
|---|---|---|---|---|---|---|---|---|
|Discount|rate||||||2.8046|2.1046|
|Inflation|(RPI)||||||3.70'/a|3.30'/a|
|Inflation|(CPU||||||3 25a/a|2.80'Ya|
|Revaluation
ofdefemed|||pensions||in excess of GMP||3.25a/a|2.80'Ya|
|Pension|in payment|increases||of:|||||
|-CPI or|5'/a p.a. iy|less|||||3.259a|2.80a%%d|
|-CPI inflation since||retirement||or|5'/a p.a. mmpound|if less|3.2546|2.80'Ya|
|- CPI or|3'/a p.a. if|less|||||2.709a|2.50a/a|
||||||||75/a Of HMRC|754'a Of HMRC|
|Commutation
ofpension|||for cash||at retirement||maximum|maximum|
||||||||31.3.2022|31.3.2021|
|Assumed
life expectancies||||on|retirement atage|65are:|||
|Retiring|today - Males||||||21.3|21.2|
|Retiring|today - Females||||||24.2|24.1|
|Retiring|in 20years|time|- Males||||22.6|22.6|
|Retiring|in 20years|time|- Females||||25.7|25.7|
||||||||Value at|Value at|
||||||||31.3.2022|31.3.2021|
||||||||FOOOs|EOOOs|
|The assets in the||Plan|were:||||||
|Multi asset funds|||||||68,955|72,995|
|Structured
Equity|||||||27,488|24,849|
|Cash|||||||5,771|1,509|
||||||||102,214|99,353|
|The actual return||on assets||over the period was:|||5,301|14,282|
|19.|EMPLOYEE BENEFITOBIIGATIONS - continued|EMPLOYEE BENEFITOBIIGATIONS - continued|EMPLOYEE BENEFITOBIIGATIONS - continued|EMPLOYEE BENEFITOBIIGATIONS - continued|EMPLOYEE BENEFITOBIIGATIONS - continued||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Present value offunded
obligations||||||||148,768|||161,415|
||Fair value of Plan assets||||||||102,214|||99,353|
||Surplus/(deficit)
in funded||scheme||||||(46,554)||(62,062)||
||Present value ofunfunded
obligations||||||||||||
||Unremgnised
actuadial gains/(losses)||||||||||||
||Adjustment
in respect ofasset||ceiling|and minimum||funding|||||||
||requirement||||||||||||
||||||||||46,554|||62,062|
||Reconciliation
of opening||and|closing|balances||of the|present|value
of|the|defined|benefit|
||obligation||||||||31.3.2022||31.3.2021||
||||||||||6000s|||EOOOs|
||Benefit obligation at beginning||ofyear||||||161,415|||140,310|
||Current service mst||||||||771|||652|
||IliteI'est cost||||||||3,346|||3I322|
||Contributions
by Plan participants
Actuarial
(gains)/losses||||||||(11,745)|||21,568|
||Benefits paid and expenses||||||||(5,019)|||(4,437)|
||Past selvlce cost||||||||||||
||Settlements||||||||||||
||Business combinations||||||||||||
||Exchange rate||||||||||||
||Benefit obligation at end|ofyear|||||||148,768||161,415||
||Reconciliation ofopening|and closing balances||||ofthe|fair value of Plan assets||||||
||||||||||31.3.2022||31.3.2021||
||||||||||KOOOS|||6000s|
||Fair value ofPlan assets at beginning|||ofyear|||||99,353|||85,959|
||Interest inmme on Plan assets||||||||2,061|||2,052|
||Return on assets, exduding|inteiest income|||||||3,240|||12,230|
||Contributions
by employers||||||||2,579|||3,549|
||Contributions
by Plan participants
Benefits paid and expenses||||||||(5,019)|||(4,437)|
||Business combinations||||||||||||
||Settlements||||||||||||
||Fxchange rate||||||||||||
||Fair value ofPlan assets|at|end ofyear||||||102,214|||99,353|
||The amounts recognised|in|profit|or loss:|||||31.3.2022||31.3.2021||
||||||||||KOOOs|||KOOOs|
||Service mst - including
current||tt past|service mats,||Sr settlements|||||||
||Service mst - administrative|mst|||||||771|||652|
||Net interest on the net defined||benefit|liability|||||1,285|||1,270|
||Tolal expense||||||||2,0S6|||1,922|
##
|EMPLOYEE BEN|EFIT OBLIGATIONS - continu|ed||||
|---|---|---|---|---|---|
|Remeasurements|ofthe net defined benefit|liability (asset) tn|be shown|in OCI:||
||||31.3.2022||31.3.2021|
|||||F000s|$000s|
|Actuarial
(gains)/losses
on the liabilities||||(11,745)|21,568|
|Return on assets,|exduding
interest income|||(3,240)|(12,230)|
|Changes
in the elfect ofthe asset ceiling excluding||interest income||||
|Total mmeasure|ofthe net defined liability (asset) to be||(14,985)||9,338|
|shown
in OCI||||||
##
##
##