REGISTERED COMPANY NUMBER: 03250972 (England and Wales)
REGISTERED CHARITY NUMBER.. 1058294
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
S.P.A. (PEGGY DODD) BATH
Owen
Limited
Chartered Accountants &
Financial Advisors

S.P.L (PEGGY DODD) BATH
COLYfENfs OF THE FINANCIAL STATEMENrs
FOR THE YEAR ENDED 31 MARCH 2024
Page
Strategic Report
I to 5
Report of the Trustees
6 to 7
Report of the Illdependent Auditors
to 11
Statement of Financial Activikneg
12
Bal¥nee Sheet
13
Cash Floiy Statement
14
Note5 to the Cash Flow Statement
15
Notes to the Financial Statements
16 to 24
Detalled Statement of Flnancial Actlvities
25 to 26

S.P.A. (PEGGY DODD) BATH
STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Chairman's Report
As we move into the new financial year. the Peggy Dodd Centre has become a centre of excellence undcr the watchful
eye of Ricky and the *am. We have a team of staff who are caring and dedicated to the cause and are supported by the
volunteers who give up their time to support our clients. Horne support Continues lo grow and offer a source of support
in the hortLC but also those who would like to expcTience tbeir local cornllLunity but may not have the confidcnce to do so
alone. Our home sitters go abov¢ and beyond to care for the clients and work closely with their loved ones to build a
relationship which is trusting and open.
The d¢mentia caf¢ Continues to grow and be a vital support network for those caritLg for son*one living with dementia.
The monthly sessions are inteTactive and give a platform for people to open up aboul their experiences.
We would like to acknowledge the support we have received from senior commissioning staff at B&NES and HCRG
over the year. The lo￿1 Council Core wt contact with HCRG for the Day Centr¢ lasting until 31 March 2024 has been
extended to 31 March 2025 which continues to give us a sound financial plaiforni for both the Immediate and the longer
period.
The Trustees continue to be cornmitted to maintaining our reputation for excell¢nt Service and continue give their time,
knowledge and experience to nTrke sure we grow and move forward.
Structure, Governan¢4 and Management
The or8anis&tion is a charitable company limited by guarantee, In￿rPorated on 17 September 1996, and registered as a
charity on 26 Septenkner 1996. The company (which took over the work of Support for Relatives of the Mentally thfllm)
was established under a Memorandum of Association which established the objects and powers and is governed under
its Articles of Association. In the event of the company being wound up rnembers are required to contribute an amount
not exceeding one pound.
The Board of Trustees consists of up to fifteen members who n]eet six times a year and administer the Charity. The
Trustees are Directors of the Company and are elected from amongst the members of th¢ company on an annual basis at
the Annual Genwal meeting. Any member of the Charity may make nomination& and all Trustees r¢tire each year and
are eligible for rewelection, without any age restrictio
Currently there are seven Trustees, mostly retired people (but still very active) including carers, teachers, social workers.
admiillstrators. business and other professionals, providing w with a good spectnun of ¢xperienG¢ and input. A number
of Trustees have had relatives who were looked after at the Peggy Dodd Centre. and this provides an additional
understanding of our needs.
We are fortunat¢ to have Trustees with the professional skills necessary to oversee the administrative and financial
system& and these Trustees ensure a b￿SineSS11k¢ approach to running the charity.
The Tn￿te¢S are aware that when vacancies arise, they may need to broaden the range of expertise available to the
Charity. The Trustees are aware of their responsibiliii¢S in respect of safeguarding, GDPIU and other reporting issues.
The charity has been compliant with the GDPR regulations. The financial statements ar¢ audited ¢a¢h year to ensure the
integrity of the charity. The management t¢am in the organisation consists of a CEO and a finance manager who manage
the day to day running of the charity and meet regularly together and with the trustees.
Tru5te¢ Induction gnd Training
SPA ha5 a very stsble and loyal membership, and the majority of Trustees have been in place for the past few years. All
Trnstees have either relevant professional experience or have been involved with the charity as ¢arers or volunteers. The
benefits of ¢xperience are balanced by current use of legal, mallagement aud administrative expertise.
Tbe changing regulatory world means that new Trustees should be recrnited with specific skills, experience and
knowledge. The majority of our Trustees live in Bath. and are well known in the local communities
Page I

&P.L (PEGGY DODD) BATH
STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Rlsk assessment
Our contract for the provision of Day Centre s¢rvices wa5 up for renewal on 31 March 2024. but has been extended for
one year until 31 March 2025 by HCRG and we have just been informed that it has been provisionally extended on a
bridging contract to Ikcember 2025. We ar¢ currently undertaking a review of our reserv¢s and risk assessmenL one of
our biggest risks is the cut to this funding. This is kept under close review and our r￿rVeS are sufficient for us to
manage this whilst we sought grants from other third partles or moved towards a ￿11 cost recovery from clients. This
financial year we have a surplus due to large legacies and some one-off gifts and the utilisation of this will be discussed
later in the reporL
An annual budget is set by the Trwtees the reserves situation in mind. The trustees receive quarterly budget and
reports with analysis for their Teview and consideration.
Charitgble Objectives
The Charity was established to continue the work started nearly 30 ycars ago by Mrs Peggy Dodd to promole the relief
of elderly mentally infinn persons and their responsible relatives and other ¢arers, by the provision of supporting
service, such as day Care, bome sitting, support and advice. A furth¢r objective is the promotion of knowledge about and
awattnes5 of the nature of dementia and memory loss, and the needs of patienls and carers.
In furtherance of these objectivcs. the Charity raised fund5 to purchase, equip. and op¢rat¢ a Day Centre which is now
open fivc days a week for 60 clicnts who arc &sses5¢d as sufferiug from mild to severe dementia. The maintenance of a
higb-quality standard of servi¢¢ offered is our first priority.
Each year the Trustees revi¢w the chwiws objectives and activities to ensure that they continue to reflect our airns. In
carrying out this review, the Tn]ste¢s have considered the Charity Commission's general guidance on public benefit.
Activities for Publle Benefit
The Day Centre and Home Support services continue to be the main focus of the Charitys activities. Whilst there is an
increasing &w&￿neSS of the needs of people with dementia and ntrmory loss, alld of the separate and individual needs of
their carers for inforn]ation and support, our carers often tell us at the Centr¢ of what they desperdt¢ly need is "time out"
from the relentless demands of looking after someone with this illness.
Our monthly Dementia Café has re-opened on the first Saturday of each month. and helpers provide support for carers
and the one they care for.
Grants and donations enable us to provide additional aetivity-bascd resL)urces for our clicntb. Combe Down Holiday
Ttnst supports our Dementia Café work. We have execllent working relationships with PHE, Rcmind, HCRG Carc.
B&NES Social Services for Older People, B&NES CITT, Alzheimels Sociery. Care Fornm, AGE UK, Bath College.
GPS atLd other medical ageDcies in Bath.
Clients are accepted purely on their needs and whether they fit our medical criterta without regard to colour. race or
creed or sexual ori¢ntation
Achlevements and Performance
This year saw day centre become an 'Award Winning, Centre after the Bath Life Awards where w¢ were descnl)ed
by thc judges as A beacon for care centres around the county fighting for such a vital cause". We continue to be a vital
support system for individuals livingF WLth dementia alld their families.
We now offer over 15,000 spaces per year for those living with dementia to receive dedicated care. providing a
welcoming and stimulating environmetit and respite for their loved ones. This year saw 12,899 spaces booked which was
an Increase of120/0 over the prior year.
Page 2

S.PA. (PEGGY DODD) BATH
STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Our dedicated staff and volunteers provide compassionate and invaluable support to our clients and their families. With
a deq) understanding of the challenges faced by those with d¢menti4 they create a warni, welcoming environment that
fosters di￿lty and respecL Whether offering personalised care. emotional support, or companionship, the team gocs
above and beyond to ensure each individual's needs are met. Thelr commitment to enhancing the quality of life for
clients is evident in the tijne. patience, and empathy they bring to their roles, creating a comttll￿ity of ¢ar¢ that is both
professional and heartfelL Seeing the clients smile and laugh, tsking part in fun Stimulating activities has b¢come a daily
occurrence and something we have become known for across B&NES.
One of the significant successes of the Day Centre is its ability to provide respite for caregivers. Many families wing
for a lov¢d one with dementia experienc¢ bigb levels of stress and burnout. By offering a fidl-day service, the centr¢
allows caregivers some time to rest or attend to other r¢sponsibilities, knowing their family member is in safe hands.
This not only improves the quality of life for the person with dementia but also for their entire support networL
strengthening the well_being of caregivers.
Our Home Support S¢rvice provides respite in the client's own home, allowing carers to take some tim¢ off knowing that
their dep¢ndant is safe and happy. The services is highly valued by carers and their comments show that the services
provides great sensitivity to the individuals, needs and interests. Sometime the carers are able to take the clients out for a
walk or short drive. Referrals come from the Day Centre. Social Services. GPS or family.
All staff continue to receive appropriate and up to date training.
This year we have scen some projects at the centre complete and other project8 getting closer to being finished, ready for
2025. After year end, we completed the installation of a call system throughout the building which adds extra safety for
all clients and staff should anyone need support with situations like falls. help in the toilets or any issues in the rooms.
We have now received planning permission for our garden room which will see a lovely space built in our beauti￿1
garden which will allow us to deliver more includitLg therapy sessions. Both these projects bave been fimded by the
Margaret Fisher Trust which will not only benefit us now, but for many many years in the fith]r¢. Thank you so much to
Margaret Fisher TNst for their continued support.
The Frlends of Peggy Dodd
As ever, The Friends of Peggy Dodd have held events at the centre throughout the year which have involved the local
ommunity. Quizzes, plants sales, home baked cakes have proved popular again and can we take this oppor￿nIty to
thatjk those who have baked, supplied plants, prepared fun quizz¢s and supplied raffle piiz¢5. In total this year. these
events have raised over £7,000. An atnazing achiev¢rnent.
We continue to raise the profile of our name so that more people in Bath are aware of the work we do. We are gr2teOJl to
local organisations who opt to make us their 'chariry of the yearf. Also, to those who have organised events away from
the centre, raising money for Peggy Dodd. These include the Open Gardens at Newbridge and the Paclthorse at South
Stoke.
Our thanks go to all our volunteers and friends for their time and hard work so generously given. Mrs Gill Garllngton as
chair of Friends has been keeping in touch with volunteers. If you would like to join the band of enthusiastic belpers,
please contart her via the centre on 01225 835520.
The need for funiL5 continues and we are gratefiil to all who help or 51WPOrt in any way.
Financial review
This year our income was £928k with w￿StrICted incom¢ b¢ing £827k and restricted income being £101 k compared to
the prior year of income of £811 k (£741k unrestricted and £70k restricted). This is an increase over the prior year mainly
due to 2 large legacies received and a £98k restricted grant received from f*largaret Fisher Trust. Our fundillg from the
Core Funding Grant (B&NES) contract represented 16.10/0 of our total unrestricted income and was for the Day Centre
service including the Margaret Fisher unit.
We have benefitted from generous donations. often given in memory of a loved one and also in addition to the legacies
we received some large, unexpected donations in total £33k.
Page 3

(PEGGY DODD) BATH
STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Our costs for the year being £725k with ow largest costs b¢ing staff running the day c¢ntre and our home support
services compared to £755k in the prior year. The highcr costs last year included significant building related
expenditure.
We have ended the year with a large surplus however this is not reflective of the ongoing balance of income and
expenditure. We have a restricted surplus of £71k which is mainly due to the receipt of funds frojn Margaret Fisber
which have not be￿ spent yet. They will be fimding our garden room as well as other projects and w¢ expected this to
be utilised over the coming months. ID additional to this we are also showing a £131k sutplll8 in unrestricted fijnds. This
is mainly due to receiving 2 large legacies and the UDexp¢¢ted donations and our costs were slightty lower than expected
due to Staff vacancies.
The Trustees made the decision to keep these fimds in the r¢serves in the year while we rnanage the rising costs of the
organisation and the uncertainty of the Core Funding Grant (B&NES) and ensuring client recharges are kept at a lower
level.
Looking forward to 2024ll5, this sutplus carried forward has enabled us to approve a deficit budget which will utili5e
some of these UDr¢stricted reserv¢& this is due to incre&sed staifing costs, utility bills and other cost of living increases
and tying to keep the rate charged to clients as low as possible.
Our r¢s¢tves policy is being reviewed at the mon￿nt but the premise behind it remains the same that we want to hav¢ al
least six months of expenditure and a provision to manage any redudion in the Core Funding Grant (B&NES). As we
arc still in a period of uncertainty, the trustees consid¢r the current unrestricted reserves of £566k to be at a reasonable
level when you take into account the deficit budget in place for 2024125, the rising costs and the uncertainty around
ture grants.
We continue to receive many individual donation5 and it is heartenTrng to know that many continue to support our work
by one off donations or standing orders.
We are gratefid for the gifts and donations that have been received from:
Margaret Fisher Trnst
Ken Biggs CharitabEe Trust
Combe Down Holiday Tn￿t
MGP Community
and many other groups and individuals
Melly Trust
Holy TrAnity Comb¢ Down PCC
Batb Disability Trust
Future pl4n5
As populations continue to age. the number of people living with dementia is expected to rise sha￿ly. Th¢ fvturt of
dementia ￿re, prevention, and treatment will likely be shaped by technological advances, changing societal attitths,
breakthrougbs in medical science, and shifts in health policy. With this in mind. we will not only continue to deliver our
award-winning care but anticipate the challenges aud opportunities that may em¢rge in managing dementia in the coming
decades.
The first thing and most important in the short teTm is securing fimding for the organisation! This next year we will be
tendering for a new contract with Batb and North East Somerset COU￿11 which will support us lo continue to offer a low
cost and high quality service to thos¢ affected by dem¢ntia. Other sources of incom¢ will continue to be vital, this will
ran8e from fijndraising events, grants. gifts and busin¢ss support.
After Successfully gaining planning pennission to build a garden room on the back of the centre, we will now begin to
move the project forward by completing ground works to then have the new slnJctur¢ built. Once complete, this n¢w
space will allow us to deliver a variety of sessions. including therapy-based activities for our clients.
Deliveiing a well-resp¢cted and centre for excellence is imwrtant but we need to continue to raise the profile of our
work to reach more people affected by dementia. Using te¢hnology. social media and our wide range of partners, we can
reach out to the most hard to reach people to make sure ev¢ryolle has the opportunity to benefit from our work.
Page 4

STr.A. (PEGGY DODD) BATH
STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Changing perceptions of dell￿lltia and care work is an area we hav¢ been successfjJl in but w¢ will extend our offer in
the next year to allow more people to learn and gain an understanding of dementia. We have good IiDks with Bath
College and numerou8 second&ry schools who we work closely with to offer regular opp¢)rtunilies for young people to
gain work experience. We will offer more awarenes5 training sessions which are open to anyone to learn about dementia.
The future of dementia is both challenging and hope￿1. While the global burden of d¢mentia will increase as
populations ag¢, advances in medical research. technology, and societal understanding offer the potential to transform
the way we di8￿05c. treat, care for people with dementia. By embracing these innovations and addressing the
ethical and policy challenges they present, we can work towards a futtwe where the impact of dementia is lessened, and
those affected by the condition call lead fidler, more dignified live5.
Approved by order of the board of trustees on 6 Nov¢rnber 2024 and signed on its bebalf by..
Trnstee
Page 5

S.PA (PEGGY DODD) BATH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The truste¢s who are also directors of the charity for the purposes of the Companics Act 2006, present their report with
the financial statements of the charity for the year ended 31 March 2024. The trustees have &dopted the provisions of
Accounting and Reporting by 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 (FRS 102)
(effective l January 2019).
STRucfuRE, GOVERNANCE AND MANAGEMENT
GoverniDg d(Jcument
The charity is controlled by its governing docum¢nL a dttd of trust. and constitutes a limited cornpany, limited by
guarante4 as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAJIS
Reglstered Conwany number
03250972 (England and Wales)
Reglstered Charity number
1058294
Registered office
The Peggy Dodd Centre
Brierley House
Summer Lane
Combe Down
BA2 5JX
Trustees
L Daws
D Hill
F Ha￿lsoll
T J Dewes
G Garlington
M Klestadt (resigned 7.9.24)
A Hodges
D C HUgh￿d0￿ FCA (appointed 1.9.24)
CompAny Secretary
K Talbot
Auditors
PG Owen Limited
chart￿ed Accountants
124 High Street
Midsomer Norton
Bath
Avon
BA3 2DA
Bankers
Barclays
5 Southgate Street
Bath
BAI IAQ
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the directors of S.P.A. (Peggy Dodd) Bath for the Purposes of cornpany law) are Tesponsible
for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generdlly Accepted Accounting Practicc).
Page 6

S.PA. {PEGGY DODD) BATH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
STATEMEIYT OF TRUSTEES, RESPONSIBILITIES- contlnued
Company law requires the truste¢5 to prepare financial statements for each financial year which give a true and fair view
of the state of affairs of the charitable company and of the incoming resour¢¢$ and application of resources, including
the income and expendI￿re, of the charitable Company for that perio(L In preparing those fmancial statements, the
trustees are requircd to
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the CbaTity SORP;
te judgements and estimates that are re&sonable and prndent;
prepare the financial statements on the going concern basis unless it is inappn)priate to presum¢ that the charitable
company will continue in business.
The trustees are responsible for k¢eping proper accounting r¢cords which disclose with reasotthle arcuracy at any time
the financial position of the Charitable company and to enable them to ¢nsure that the financial statements cornply with
the Companies Act 2006. They are also responsible for safeguarding th¢ assets of the charitable company and hence for
taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as tb¢ tnjstees are aware:
there is no relevant audit inforn)ation of which the charitable companys auditors are unaware" and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
infornution alld to establish that the auditors are aware of that Inforn￿ti0n.
AUDITORS
The auditors, PG Owen Limited. wtll be proposed for r¢-appointment at the forthcoming Annual Genernl Meeting.
Approved by order of the board of trustees on 6 November 2024 and signed on its behalf by:
Tn￿tee
Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
S.P.A. (PEGGY DODD) BATH
OpiDion
We have audited the fllwicial statements of S.P.A. (Peggy Dodd) Bath (the 'charitabEe cornpan￿) for the year ended
31 March 2024 which compris¢ the Statement of Financial Activilies, the Balance Sheet, the Cash Flow Statement and
notes to the financial statements, including a SUMM￿ of significant accounting policies. The financial reporting
frarnework that has been applied in their Preparation is applicable law and United Kingdom Accounting Standard8
(United Kingdom GeneraIly Accepted Accounting Practice).
In our opinion the financlal statements:
givc a trne and fair view of thc state of thc charitable CoMpan￿S affairs as at 31 March 2024 and of its incoming
resources and application of Tesources, including its incoTnc and expenditure, for thc year then cnded-
have been properly prepared in accordance with United Kingdom Generally Acccpted Accounting Practice: and
have been prepared in accordallce with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with IntcrnationaI Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are fiM1her described in the Auditors, rcsponsibilities for the audit of the
financial statements scction of our rcport. We atc It￿ependent ofthe cftwitable company in accordance with the ethical
requirements that arc relevant to our audit of the financial statements in tbe UL including the FRC'S Ethical Standard.
and wc have fulfillcd our other ethical responsibilities in accordance with these requircments. We believ¢ that the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our oplnion.
Concluslons relaling to going Concern
In auditiDg the fu]an¢ial statements, we have concluded that tb¢ tn￿tees, use of the going concern basis of accounting in
the preparation of the fmancial stat¢rnents is appropriate.
Based on the work we have perfornied, we have not identified any mat¢rial uncertainties relating to events or condition5
thal individually or collectivety, may cast SI￿lficant doubt on the charitable companys ability to continue a8 a going
con¢eTn for a period of at least twelve months from when the financial statements are authorised for issue.
Our responSi￿]IltieS and the responsibilities of the ttl￿ees with respect to going concern are described in the relevant
sections of this report.
Other information
The tr￿SteeS are responsible for the other inforniatlon. The other inforn]ation comprises the inforniation included in the
Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other inforn￿tIon and. except to the extent othetwise
explicitly stated in our repoit we do not exp￿￿8 any fonn of &8suraDce conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other inf0rn1ation and. in doing
so. consider whether the other Inforn￿tiOn is materially inconsistent with the fmancial Statements or our l(nowledge
obtained ill the audit or othcrwise appcars to be tnatcrially mi5Stated. If wc identify sucb matyial inconsistencics or
apparent rnatcrial misstat£tncnt4 we are Tcquir¢d to dctemiine whcther this givcs rsse to a Tnaterial misstatement in the
financial statements thcmselves. If. based on thc work we have perfornied, we conclude that there is a ￿￿terial
misststement of this other inforn￿tion. wc are required to report that fact. We have nothing to report in this regard.
Opirrions on other matters prescribed by the Companies Act 2006
In our opinion, bas￿ on the work undertaken in the course of the audit:
the infOrn￿tiOll given in the Strategic Rcport and thc Report of the Tn￿tee5 for the financial year for which thc
financial statements are prepared is consistent with the financial statements" and
thc Strategic Rcport and the Report of the Trllstr￿ has bew prepared in accordance with applicable legal
r¢quirements.
Page 8

REPORT OF THE llYDEPENDENT AUDITORS TO THE MEMBERS OF
S.P.A. (PEGGY DODD) BATH
Matters on which we gr¢ required to r¢port by exception
In the ligbt of the knowledge and understanding of th¢ charitable company and its environment obtained in the course of
the audit, we have not identified material misstatements in the Strategic Report and the Report of the Trusttts.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you
1£ in our opinion-
adequatc accountillg records have not been kept or returns adequate for our audit have Dot been received from
branches not visited by us. or
thc financial statemcnts are not in agrcement with thc accounting records and returns" or
certain disclosLwes of t￿￿tees, rellmmeration specificd by law are not made: or
we have not received all the informatioll and explanatio￿$ we requirc foi our audit.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Rcsponsibilities. thc tn]stees (who are also the directors of the
charitable company for the pwposes of company law) arc respOnsi￿le for the preparation of the financial statements aDd
for beillg satisfied that thcy give a trne and fair view. and For such internal control as thc trustees detern]ine is nece&sary
to enable the preparation of financial statements that arc free from material misstatemcn¢ whether due to fraud or crror.
In preparing the financial statements. the trustees are responsible for assessing the charitable company's ability to
ontinue as a going wncern, disclosing, as applicabl¢. matters r¢latrd to going roncern and using the going roncern
basis of accounting unless the trustees either intend to liquidate the charitable company or to ceasc operations, or have
no r¢alistic alternativ¢ but to do so.
Page 9

REPORT OF THE INDEPENDENT AUDfTORS TO THE MEMBERS OF
S.PA. ￿EGGy DODD) BATH
Our responslbllities for the audlt of the fmallcial Statements
Our objectives are to obtain reasonable assurance about whether the financlal statements as a whole are free from
material misstatement, whether due to fraud or error. and to issue a Report of the Independent Auditors that inchjdes our
opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will always detect a material misstatement whcn it exists. Misstaternents can arise from fraud or ernr
and are considered material if, illdividually or in the aggregate, they could reasonably be expected to iDfiucDce the
economic decisions of users taken on the basis of these financial statements.
The extcnt to Hthich our proccdurcs are capable of dctccting irregularities. including fraud is dctailed below:
Our approach to identifying and assessing the risks of material misstatemellt in respect of itregulatities. includiDg fraud
aTMI tLOll-compliance with laws and re￿ationS, was as follows"
the engagcment partner ensured that the engagement tcam collectively had the appropyiate compctence,
capabilities and skills to identify or reCo￿lse non-compliance with applicable laws and regulations.
we identified the laws and regulations applicable to the company through discussions with directr)rs and other
rllanagcmen¢ and fro]n comllLCTcial knowledge alld experience of the chaTitable care sector.
we focused on specific laws and regulations which wc considered May have a direct material cffect on the
financial statements or thc operations of thc company, inclllding thc Companies Act 2006, taxation legislation and
dats protection,anti-bribery, employment. cnvironmenthl and health and safety legislation"
we assessed the extent of compliance with the laws and regulations identified above through making enquiries of
t[W￿geMent alld inspectiDg legal cO￿eSponden¢t. and
identified laws and regulations were communicated within the audit team regularly and the team remaiDcd alert to
instances of non-compliance throughout thc audit
W¢ assessed the susceptibility of the chaTitys fitwicial slatements to material n]isstat¢ment, including obtaining an
understanding of how fraud might occur. by"
making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of
actual, suspected and alleged fraud.
considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and
regulations'and
understanding th¢ desigtL of the Ch￿lty'S r¢muneration policies.
To address the risk of fraud through management bias and override of controls, we"
perforn]ed analytical procedures to identify any unusual or unexpected relationships.
tested journal entries to identify unusual transacttons.
assessed whether judgements and assumptions rnade in detemiining the acwunting estimates were indicative of
potential bi&s- and
investigated the rationale behind significant or unusual transactions.
In response to the risk of irre￿￿antieS and non-complignce with laws and re￿lationS. we des1￿cd procedures which
includcd. but were not lirnitcd to..
agreeing financial statcmcnt disclosures to undcrlying supporting documentation
reading the minutes of meetings of those chargcd with governance.
cnquiring of managemcllt as to actual and potcntial litigation and Claill￿. and
revicwing correspondencc with HMRC, relevant Icgulators and the cotllpally's legal advisors.
There are inherent lirnitations in our audit procedurcs (kscribed above. The more removed that laws and reglllations are
from financial transactions, the less likely it is that wc would become awarc of non-compliance. Auditing Standards also
limit the thc audit procedures requircd to identify non-compliance with laws aud rcgulations to enquiry of the directots
and other management and the inspection of regulatory and legal COTrespondcncc. if any.
Material misstatements that arise due to fraud can bc harder to detect than those that arise from e￿or as they may involve
deliberate concealment or collusion.
A fitrther description of our responsibiliti¢s for the audit of the financial statements is located on the Financial Reporting
Council's website at wmv.frc.org.uklauditorsresponsibilities. This description fomis part of our Rep)rt of the
Independent Auditors.
Page 10

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
S.P.A. (PEGGY DODD) BATH
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's
members those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest
extent pennitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the
charitable company's members as a body, for our audit work, for this report, or for the opinions we have fonned.
R N Browning BA
for and on bchalf of
Chartcred Accountants
124 High Street
Midsomer Norton
Bath
Avon
BA3 2DA
ons) FCCA
CA FAIA (Scnior Statutory Auditor)
Tnited
6 November 2024
Owen
Limited
Chartered Account8nts &
Financial Advisors
Pagell

S.P.A. (PEGGY DODD) BATH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
Total
fimds
2023
Total
funds
Unrestricted
fimd
Restricted
funds
Notes
INCOME ￿ND ENDOWMENTS FROM
Donations and legacies
281,984
101,213
383.197
296,839
Charitable octivities
To fjjrther charity's objectivcs
514,539
514.539
496.034
Othcr trading activities
30.849
30,849
18,354
Totgl
827.372
101,213
928,585
811.227
XPENDITURE ON
Raising funds
Charitable actlvities
To ￿rther charitys objectives
715,241
10.217
725.458
754.795
Total
715,241
10.217
725,458
754,795
Net gaIns/(lo￿e8) on investments
(1,479)
(1.479)
(5.272)
NET tNCOME
Transfers between funds
112,131
18.610
89,517
(18,610)
201.648
51.160
17
Net movement in funds
130.741
70,907
201,648
51,160
RECONCILIATION OF FUNDS
Total fimds brought fonvaTd
435,960
1,387,663
1.823,623
1.772.463
TOTAL FUNDS CARRIED FORWARD
566,701
1,458,570
2,025271
1,823,623
Th¢ notes forn] part of these financial statements
Page 12

S.P.A. {PEGGY DODD) BATH
BALANCE SHEET
31 MARCH 2024
2024
Totsl
funds
2023
Total
Unrestiicted
fund
Restricted
fi)nds
Not&s
FIXED ASSETS
Tangible assets
Invc5tmcnts
li
12
1,296,062
79,525
1,296,062
79,525
1,306.659
81.004
1,375.587
1,375.587
1,387.663
CURRENT ASSETS
DebtOTS
InveslJncnts
Cash at bank and in hand
13
14
58.378
106.033
460,071
58,378
106.033
543.054
64,534
102.200
340.212
82,983
624,482
82,983
707,465
506,946
CREDITORS
Amounts falling due within one year
15
(57.781)
{57,781)
(70,986)
NET CURRENT ASSETS
566,701
82,983
649,684
435,960
TOTAL ASSETS LESS CUIIRENT
LIABILITIES
566,701
1,458,570
2,025271
1,823,623
NET ASSETS
566,701
1.458,570
2,025271
1,823,623
FUNDS
Unrestricted funds
Restricted fijnds
17
566,701
1,458,570
435.960
1,387.663
TOTAL FUNDS
2,025,271
1.823.623
The financial statements were approved by the Board of Trnstres and authorised for issue on 6 November 2024 and
were signed on its behalf by:
Trustee
( T J.lJ2wQ&)
The notes forni part of these financial statements
Page 13

S.PA. (PEGGY DODD) BATH
CASH FLOW STATEMENT
FOR THE YEAR EIYDED 31 MARCH 2024
2024
2023
Notes
Cash flows from oper*ting activities
Cash generated from operations
207.318
34,068
Net cash provided by operating activities
207,318
34.068
Cash flow5 from invc5ting activities
Purchase of tangible fixed assets
Interest receivcd
(3.011)
23.395
(56,282)
12.881
Net cash provided byl(used in) investing activities
20.384
(43.401)
Cash flows frollj financing activities
Revaluation of listed investM￿ts
(3.833)
{2200)
Net cash US￿ in financing activities
(3.833)
(2.200)
ChAnge in cash and cash equivalents In
the reporting perlod
Cash cash equ]v￿ents At the
beginnlng of the reportlng perlod
223,869
(11,533)
319,185
330,718
Cash and eash equivalents at the end of
the reporting perlod
543,054
319,185
The notes fonn part of th¢5e fmancial statements
Page 14

S.P.A. (PEGGY DODD) BATH
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
RECONCILIATION OF NET llYCOME TO CASH FLOW FROM OPEIL4TING ACTIVITIES
2024
2023
Net income for the reporting period (as per the Statement of Ffnancial
Acrfvfties)
Adjustments for".
Depreciation charges
Losses on investrnents
Interest received
D¢creasel{incre&se) in debtors
Increas¢l(decrease) in creditors
201,648
51.160
13,608
1,479
(23.395)
6.156
7.822
15,669
5,272
(12,881)
(4,320)
(20,832)
Net cash provided by operatlons
207,318
34,068
ANALYSIS OF CASH AND CASH EQUIVALENTS
2024
2023
Cash in hand
Notice deposits (less than 3 months)
Ov¢rdrafts includ¢d in bauk loans and overdrafis falling due wlthin one year
838
542,216
25
340,187
(21.027)
Total cash and Gash equivalents
543,054
319,185
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.23
Cash flow
At 31.3.24
Net eash
Cash at bank and in hand
Bat]k overdraft
340,212
(21,027)
202,842
21,027
543.054
319,185
223,869
543,054
Liquid resources
Deposiis included in cash
Cumt asset investments
102,200
3,833
106,033
102,?00
3,833
106,033
Total
421,385
227,702
649,087
The notes forni part of these financial statements
Page 15

S.PA. (PEGGY DODD) BATH
NOTES TO THE FINAP4CIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
Basis of preparing the flnancial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102. have been
prep8r¢d in accordanc¢ with the Charities SOPF (FRS 102) 'Accounting and Reporting by Charities: Statement
of R¢commended Practice applicable to ch￿itieS preparing their accounts in accordance with the Financial
Reportlng Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Cornpanies Act 2006. The financial statements have b¢en prepared under the historical cost
convention, with the exception of itivestments which are included at mthet value, as modified by the revaluation
of certain assels.
Income
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled
to the income and the amount can be quantifled with reasonable a¢¢uracy. Legacies and donations are accounted
for on receipt. Grants are accounted for in the period to which they relate.
EJpendlture
Liabilities are re¢ogmised as expenditure as soon as the￿ is a legal or constructive obligation cornmitting the
charity to that expendittwe. it is probable tILat a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an a¢en￿lS basis and has
been classified under headlngs that aggregate all wst related to the category. Where costs camlot be directly
attributed to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
T8ngfible fixed assets
D¢preciation is provided at the following annual rates in ord¢r to write off each asset over its estimated usefvl
lif¢'.
Furniture & Fitting5 between l 0/ts- 33.30/0 on straight line ba5j5
No dq)reciation has been provided on the cost of Brierley House as the policy of the Trustees is to provide
depreciation only where the residual value is likely to be less than the balance sheet value. Due to the expected
useful economic life of Brierley House being greater than 50 years, together with an expected high residual value
being obtained for the propety, the Ch￿lty does not provide for depreciation on Bri¢rley House, subject to an
annual impainnent review. During the course of the audit an impainnent revlew was perfornied by the tn￿teeS
and it was considered that no impairnient has taken place dwing the year.
Taxatlo
The charity is exempt from corporation tax on its charitable activiti¢s.
Fund accounting
Unrestricted fimds can be used in accordance with th¢ charitable objectives at the discretion of the tn]stees.
Restrictcd fill￿S can only b¢ used for parti¢uLar restrirf¢d purposes within the objects of the cbatity. Restrictions
arise when specified by the donor or when funds are rais¢d for particular restricted purposes.
Further explanation of the nature and purpose of each fi￿d is included in the notes to the financial statements.
Pension costs Ind other post-retlrement beD¢flts
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable
company's pension scheme are charged to the Statement of Financial Activities in the peTiod to which they relate.
Fixed th￿et investments
In line with the Charilies SORP (FRS 102) r￿ed asset investments r¢presents an investment portfolio intend¢d to
be h¢ld for more than 12 months, to generate incom¢ and capital growth for the charity.
These investments are valued at open market value as at th¢ end of the accounting year with any revaluation
gainllosses being charged to the Statement Of Financial Activity within that accounting year.
Page 16
continued...

S.PA. (PEGGY DODD) BATH
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
DONATIONS AND LEGACIES
2024
2023
Donations received
Legacies
Grants. PCT & B&NES
164,898
85.000
133,299
119,843
18.924
158.072
383.197
296.839
2024
133,229
2023
129.148
10.000
18.924
BANES
COMF Funding
Omicron Grant
133,229
158,072
OTHER TRADING ACTivfriES
2024
2023
Gifts and donations
Inter￿t and dividends
7,454
23.395
5,473
12.881
30,849
18,354
INCOME FROM CHARITAB1￿ ACTIVITIES
2024
2023
Artivity
Day centr¢ and home Sitter
support
To further charity's objectives
514,539
496,034
CHARITABLE ACTIVITIES COSTS
Support
costs {see
note 6)
Direct
Costs
Totals
To further charitys objectives
662,148
63.310
725,458
Page 17
continued...

S.PA. (PEGGY DODD) BATH
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
SUPPORT COSTS
Govemance
costs
Management
Finance
Totals
To further ¢lwity's objectives
28,173
25.240
9,897
63.310
NET tNCoME/(EXPEL￿ITuRE)
Net incomd(expenditure) is stated after chargingl(crediting):
2024
2023
Auditors, remuneration
Depreciation- owned assets
4,256
13.608
4,576
15,669
TRUSTEES, REMUNERATION AND BENEFITS
There were no truste¢s' remuneration or other benefits for the Ye￿ ended 31 March 2024 nor for the year ended
31 March 2023.
Trnstees, expenses
There were no trustees, expenses paid for tbo year ended 31 March 2024 nor for the y¢ar ended 31 March 2023.
STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Other pension costs
459.849
27,166
29,532
438.721
26,447
28,841
516,547
494,009
The average monthly number of ernployees dwing the year was as follows:
2024
14
24
2023
14
26
Full tin
Part timc
38
40
No employees rcceived ernolurncnts in exccss of £60.(K)O.
Page 18
continued...

S.P.A. (PEGGY DODD) BATH
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR EIYDED 31 MARCH 2024
io.
COMPARATIVES FOR THE STATEMENT OF FL¥ANCIAL ACTIVITIES
Unrestricted
fund
Restricted
funds
Totsi
funds
INCOME AND EIWOWMENTS FROM
Donations and lewdcies
226,839
70,000
296.839
Ch¥4ritable activities
To furthcr charitys obj'ectives
496.034
496.034
Other trading activities
18,354
18,354
Total
741.227
70.(M)O
811,227
EXPENDITURE ON
Raising fimd5
Charitable a¢tlvltles
To further charity'5 objertives
688,686
66.109
754,795
Total
688.686
66,109
754.795
Net gainsl(losses} on investments
(5,272)
(5,272)
NET INCOMEI(EXPENDfTURE)
Transfers between funds
52.541
(11,287)
(1,381)
11.287
51,160
Net m0Ven￿￿t in funds
41,254
9,906
51,160
RECONCILIATION OF FUNDS
Total funds brought forward
394,706
1,377,757
1.772,463
TOTAL FUNDS CARRIED FORWARD
435,960
1,387,663
1,823,623
Page 19
continued...

S.P.A. (PEGGY DODD) BATH
NOTES TO THE FIY4ANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
ii.
TANGtBLE FIXED ASSETS
Fixtures
and
fittings
Freehold
propety
Totals
COST
At l April 2023
Additions
Disposals
1,2l2,Ol4
897
162,512
2.114
(2.077)
1,374,526
3,011
(2,077)
At 31 March 2024
1,212,911
162,549
1.375,460
DEPRECIATION
At l April 2023
Charge for year
Eliminat¢d on disposal
67,867
13,608
(2,077)
67,867
13.608
(2,077)
At 31 March 2024
79,398
79,398
NET BOOK VALUE
At 31 March 2024
1.212,911
83,151
l.296,062
At 31 March 2023
1.212,014
94,645
1.306,659
12.
FIXED ASSET ll¥VESTMENTS
Listed
Trnvestments
At l April 2023
Revaluations
81.004
(1.479)
At 31 March 2024
79.525
NET BOOK VALUE
At 31 March 2024
79.525
A131 March 2023
81,004
There w¢re no investment assets outside the UK.
Cost or valuation at 3 l March 2024 is represented by".
Listed
inveslments
Valuation in 2023
Valuation in 2024
81,004
(1,479)
79,525
Page 20
ontinued..-

S.PA. (PEGGY DODD) BATH
NOTES TO THE FNANCIAL STATEMEiYfs- eontlnued
FOR THE YEAR ENDED 31 MARCH 2024
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Debtors and prepayments
58.378
64.534
14. CURRENT ASSET INVESTMENTS
2024
2023
Unlisted investtDCtLts
106.033
102200
15.
CREDITORS: AmOU￿s FALIJNG DUE wfllllN ONE YEAR
2024
2023
Bank loans and overdtafts (see nots 16)
Trade creditors and accruals
21.027
49.959
57,781
57,781
70.986
16.
LOANS
An analysis of the maturity of loan5 15 given below:
2024
2023
Amounts falling due within one year on demand..
Bank overdrafts
21,027
17.
MOVEMENT IN FUNDS
Net
movement
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestrlcted funds
General fimd
435,960
112.131
18.610
566,701
Restricted funds
Capital fund
Restricted fund
E,387.663
(1,479)
90.996
(10.597)
(8.013)
1.375.587
82,983
1,387,663
89,517
(18.610)
1.458.570
TOTAL FUNDS
1.823.623
201,648
2.025,271
Page21
ontinued...

S.P.A. (PEGGY DODD) BATH
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
17.
MOVEMENT IN FUNDS- contlnued
Net rnovem¢nt in funds, included in the above arc as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in fl￿dS
Unrestrleted funds
General fund
827.372
(715.241)
112.131
Restricted funds
Capital fund
Restricted fimd
(1.479)
(1,479)
90.996
101,213
(10,217)
101.213
(10,21D
( 1,479)
89.517
TOTAL FUNDS
928,585
(725,458)
(1,479)
201,648
Comparatives for movement in tsnds
Net
movement
in funds
Transfers
between
At
31.3.23
At 1.4.22
Unrestricted funds
General fijnd
394,706
52,541
(11287)
435,960
Restricted funds
Capital fijnd
1,377,757
(1,381)
11,287
1,387.663
TOTAL FUNDS
1,772,463
51,160
1.823,623
Cornparative net movem¢nt in fijnds, included in the al>ove are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in fimds
Unrestrleted funds
Gencrdl fund
741,227
(688,686)
52,541
Restrl¢ted funds
Capital fimd
70.000
(66,109)
(5.272)
(1,381)
TOTAL FUNDS
811,227
(754,795)
{5.272)
51,160
Page 22
ontinued...

S.PA (PEGGY DODD) BATH
NOTES TO THE FINANCIAL STATEMENfs- eontlnued
FOR THE YEAR ENDED 31 MARCH 2024
17.
MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Net
mov¢ment
in funds
Transfers
between
fi￿d$
At
31.3.24
At 1.4.22
Unrestricted funds
394,706
164,672
7,323
566.701
R¢strlcted funds
Capital fjjnd
R&stricted fimd
1,377,757
(2,860)
90,996
690
(8,013)
1.375,587
82,983
1,377,757
88,136
(7,323)
1,458,570
TOTAL FUNDS
1,772,463
25?,808
2,025,271
A current year 12 months and prior year 12 months combin¢d net rnovenuit in funds, included in the above are
as follows..
Incoming
resources
Resources
expended
Gain5 and
losses
Movement
in funds
Unrestricted funds
General fund
,568,599
(1,403,927)
164,672
Restrlcted funds
Capital fimd
Restricted fimd
70,000
101,213
(66, 109)
(10,217)
{6,751)
(2,860)
90,996
171,213
(76,326)
(6,751)
88,136
TOTAL FUNDS
1,739,812
(1.480,253)
(6,751)
252,808
The Capital fjjnd represents the fixed assels b&sed on the net b(￿k value and the value of the investments as at
the f￿anCIal Stalen￿nt date. The Restricted fund represents restricted Inco￿ which, as at th¢ date of the
financial statement, have not yet been expend¢d.
18.
RELATED PARTY DISCLOSURES
There were no related paty transactions for (he year ended 31 March 2024.
Page 23
continued...

&PA. (PEGGY DODD) BATH
NOTES TO THE FINANCIAL STATEMEIYTS - ¢ontlnued
FOR THE YEAR ENDED 31 MARCH 2024
19.
PURPOSE OF RESTRICTED RESERVES
Restricted Reserves amounting to £82,983 are being carried fonvard to be spent in the year ended 31 March
2025. This is made up gs follows:
A donation from Margaret Fisher toward5 a number of projects including transpo¢ garden roo￿ system and
garden project. Of thi5 donation £79,990 remains.
A donation from th¢ Bath Disability Trust towards equipment, of which £2,993 remains.
Pagc 24

S.PA (PEGGY DODD) BATH
DETAILED STATEMENT OF FINANCIAL AcnviTIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and legades
Donations received
Legacics
Grants, PCT & B&NES
164,898
85,000
133,299
119.843
18,924
158.072
383,197
296,839
Other trading activities
Gifts and donations
Intercst and dividends
7,454
23.395
5,473
12.881
30,849
18,354
Charitable activities
Day centre and horne sitter support
514,539
496.034
Total illcomlllg resource5
928.585
811.227
EXPElWtTURE
Charitable Actlvlties
Wages
Social sea￿lty
Pensions
Transport for clients
Food for clients
Fuel water and cleaning
Equipment maintenance
Premises repairs
Occupational therapy
Dementia café
Sundtics
Fixbjres and fittings
439,622
26.187
28,432
58,104
41,022
17.636
7,724
18.566
2,427
941
9,240
12.247
414,255
24,698
26,947
50,240
34,038
22,471
4,000
78.187
1,285
2,183
9,963
14.102
662.148
682.369
Support C05t5
Management
Office salaries
Social 5ccurity
Pensions
Fundraising cxpcnses
Telephonc and internet
IT. stationery and postage
Bank charges
Payroll and professional
Fuel water and cleaning
Carried forward
20.227
979
i.ioo
225
184
658
116
602
928
25.019
24.466
1.749
1.894
448
217
664
105
581
538
30.662
This page does not foTm part of the stamtory fitwiciai statements
Page 25

&P.A. (PECGY DODD) BATH
DETAILED STATEMENf OF FINANCIAL ACTIVITIES
FOR THE YEAR EI¥DED 31 MARCH 2024
2024
2023
Management
Brought forward
Insurance
Premises repairs
Fixbjres and fittings
25,Ol9
821
972
1,361
30,662
643
4,209
1,567
28,173
37.081
Flnance
Insurance
Telephone
IT, postage and stationery
Bank charges
Publicity and advertisitig
5,687
3,498
12,495
2,211
1,349
5,541
4,530
12,213
2,004
1,228
25,240
25,516
Governance costs
Auditors, renmmeration
Payroll and professional
4,256
5,641
4,576
5,253
9,897
9,829
Total resources ￿pella¢d
725,458
754,795
Net fincome
203,127
56.432
This page does not form part of the stat￿Ory financial stat¢ments
Page 26