Trustees’ Annual Report for the period
From 01.04.2022 Period start date To 31.03.2023 Period end date Charity name: Llanferres Playing Field & Recreation Association Charity registration number: 1059978
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The charity’s objectives are to promote and provide, in the interests of social welfare, facilities for recreation and leisure-time occupation with the object of improving the conditions of life for the inhabitants of the community of Llanferres and the neighbourhood, and to encourage, develop and maintain the natural beauty of the sites over which it has responsibility. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Main activities include fund raising via local events and grant applications in order to ensure that the equipment and facilities provided meet the required health and safety standards. The aim is to continually provide a rewarding experience for users in a safe environment, whilst always being mindful of environmental responsibilities of an organisation operating in an Area of Outstanding Natural Beauty. Ongoing maintenance and safety inspections are key to this process. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees are reminded annually at the AGM of their roles and responsibilities as a trustee of a registered charity, or on appointment if appointed during the year. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | The organisation does not make grant Awards. |
| Policy on social investment including program related |
Para 1.38 | The organisation does not make Investments. |
| investment | ||
|---|---|---|
| Contribution made by volunteers |
Para 1.38 | The organisation is dependent on volunteer efforts for its activities, there being no paid employees. This includes all activities from fund raising through to ongoing maintenance working parties. |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | LPFRA has been responsible for the management of both Llanferres Park and Tafarn y Gelyn Pond. At Llanferres Park, the Association has established a well-used playground for children of the community and the wider area, establishing a very positive reputation in the area. The major development during the past year was the replacement of the two aging multi- tower play units. Much of the set up, fund raising, grant securing and preparation work was carried out in the previous financial year and highlighted in that report. The actual installation work was carried in May 2022. This was followed by volunteer work to lay new playbark around the equipment and extend one of the play areas to incorporate some new equipment. The repair of all the pathways within the park was also completed to make them safe to use and accessible for all. One of the objectives of the development was to increase frequency of use of the park and a survey conducted later in the year showed that this had been achieved. The playground is now a safer area with more variety of equipment . Feedback from users has been very positive, including from those who now visit from a wider catchment area. The Pond at Tafarn-y-Gelyn provides a safe environment for leisure use and as an educational platform to study local wildlife and flora. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | The new equipment installation at Llanferres Park was achieved within budget and to schedule and a contingency reserve funding allowed a little extra equipment to be installed. |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | Fundraising has been very successful during the last 12 months, with the introduction of a new community bonfire event contributing additional funds, and the marshalling of a regional mountain bike event making a significant contribution through efforts from over 50 local volunteers. |
| Investment performance against objectives |
Para 1.41 | n/a |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | As of 31stMarch 2022 the charity had current assets of £12,079, comprising £12,259 in the bank and creditors of £180. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Sufficient reserves are held at all times to cover 1 years normal activity, which includes maintaining the Park and Pond and payment of related inspection fees and insurance. |
| Amount of reserves held | Para 1.22 | £10,000 |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n/a |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | The charity is financed through a combination of ongoing fundraising events in the local community along with grants received from local and national providers |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | Main risks to the charity are twofold: 1. Not having sufficient funds to maintain the annual expenditure and ongoing maintenance of the park 2. Not having sufficient volunteer commitment to maintain activities. The charity has not had any issues with the above in 26 years of operation |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust Deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | The charity is classed as “Other” as it was established by Trust Deed dated 20th November 1996, well before the new classification came into use and is registered with the Charity Commission, number 1059978. The Executive Committee is elected or appointed on an annual basis by the membership of the charity. The affairs of the Charity are administered by a committee, which meets quarterly. |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Annual election/re election to post at AGM from nominations received |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Llanferres Playing Field & Recreation Association |
|---|---|
| Other name the charity uses | LPFRA |
| Registered charity number | 1059978 |
| Charity’s principal address | Cae Gwyn, Llanferres, Mold CH7 5SL |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION Registered Charity Number 1059978
UNAUDITED ACCOUNTS for the year to 31[st] March 2023
| CONTENTS | |
|---|---|
| Trustees Report | Pages 2 - 4 |
| Accountants Report | Page 5 |
| Income and Expenditure Account | Page 6 |
| Balance Sheet | Page 7 |
| Notes to the Accounts | Page 8 |
2
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION
Registered Charity Number 1059978
TRUSTEES’ REPORT
The Trustees present their report for the year ended 31[st] March 2023.
Reference and Administration Information
Charity name: Llanferres Playing Field and Recreation Association
Charity registration number: 1059978 Principal office: 33 Cae Gwyn, Llanferres, CH7 5SL
The Trustees during the year were:
Mr D S Thomas (Chairman) Mrs C Barton (Secretary) Mr P Gothorp (Treasurer) Mr T Griffiths Ms S Hawkes Mr G Jaggard Mr D Barr Mr D Clough
Mr A Perrin Mrs J Godfrey Mr B Hutorny Ms E Williams-Gibson Mr D Fryer Mr G Davidson Ms K Glass
Structure, Governance and Management
The charity was established by Trust Deed dated 20[th] November 1996 and is registered with the Charity Commission, number 1059978.
Executive Committee members are elected or appointed on an annual basis.
The affairs of the Charity are administered by a committee, which meets quarterly.
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Charity and are satisfied that systems are in place to mitigate our exposure to the major risks.
Objects, Organisation and Activities
The charity is established to promote and to provide, in the interests of social welfare, facilities for recreation and leisure time occupation, with the object of improving the conditions of life for the inhabitants of the community of Llanferres and the neighbourhood and to encourage, develop and maintain the natural beauty of the site upon which the said facilities will be provided.
3
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION
Registered Charity Number 1059978
TRUSTEES’ REPORT (continued)
Public Benefit
The Trustees have taken into account the information contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives set out in this guidance. The charity provides public benefit through maintaining a public park and pond, which is open and accessible to all.
Report of Progress and Achievements
2023 – 23 was a very successful year for both park and playground developments, and for fund raising.
The development project included replacement of the two aging multi-play tower units, repairs to other play equipment and complete renovation of the pathwork. In addition, using unused grant contingency, a new picnic bench, new granite work surface for BBQ and a new electric strimmer were purchased with a balance remaining to make further improvements during 202324.
Thankfully in 2022, the marshalling of the ‘ Merida Mountain bike’ event returned and, with support from 70 members of the wider community, we received a significant donation of £1,800. The November 5[th] Guy Fawkes event with both indoor and outdoor activities was also a major success, raising over £1,000. With membership fees, donations and proceeds from the monthly quiz in the Druid Inn, it was a good year for fund raising.
Huge gratitude goes to the organising teams to make these events a success, the Executive Committee as a whole, as well as to the wider public for supporting the events, including the working parties to keep the park safe and open. Special thanks are due to Dyfan Barr for rerunning the survey questionnaire, essential for feedback to the grant companies, and to Tim Griffiths for his continued commitment to mowing the grass.
Securing the Green Flag again, and the elimination of all major risks in the annual risk assessment, evidences the good work done by the Executive Committee with strong support from the community. Plans are in place for 2023-24 with fund raising events and adding new features on the park and playground, all of which will keep us busy for the next 12 months.
4
Finances
The attached financial statements show the current state of the finances which remain sound.
Reserves
At 31 March 2023, free reserves amounted to £12,079 (2022: £28,358).
………………………………… Chairman - Mr D S Thomas
Date:
…………………………………. Secretary – Mrs C Barton For and on behalf of the Trustees
Date:
…………………………………. Treasurer – Mr P Gothorp
Date:
5
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION Registered Charity Number 1059978 ACCOUNTANT’S REPORT
Accountants’ Report to the Trustees of the Llanferres Playing Field and Recreation Association on the unaudited financial information
In accordance with our engagement letter, we have prepared for your approval the financial information of Llanferres Playing Field and Recreation Association for the year ended 31 March 2023 which comprises the Income and Expenditure account, the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.
This report is made solely to you, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial information of Llanferres Playing Field and Recreation Association and state those matters that we have agreed to state to you in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Trustees of Llanferres Playing Field and Recreation Association for our work, or for this report.
We have carried out this engagement in accordance with technical guidance issued by the Institute of Chartered Accountants in England and Wales and have complied with the ethical guidance laid down by the Institute.
You have approved the financial information for the year ended 31 March 2023 and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial information.
Summit Chartered Accountants M.01 Tomorrow, Blue MediaCityUK Salford M50 2AB
Date : 05[th] May 2023
6
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION Registered Charity No. 1059978 INCOME AND EXPENDITURE ACCOUNT for the year ended 31[st] March 2023
| INCOME Fundraising: Donations + Fundraising Gift Aid Summer BBQ Grants / Awards Subscriptions and sundry Sponsorship Donations – Pond Grants / Awards - Pond TOTAL INCOME EXPENDITURE Insurance Park Rent Pond Rent Park maintenance Equipment maintenance and repairs Accountancy costs Inspection fee Hall hire Bank Charges Event Costs Sundry Pond Groundworks Pond R&R Computer Costs Depreciation TOTAL EXPENDITURE NET SURPLUS / (DEFICIT) Funds brought forward Funds carried forward |
2023 | 2022 2,583 291 - 21,638 142 - 115 11,632 36,401 138 - - 3,365 - 180 181 112 25 - 54 - 14,370 43 2,787 21,255 15,145 25,885 41,031 |
|
|---|---|---|---|
| 3,182 - - 33,159 95 - - - 36,436 163 - - 14,949 - 180 - 49 73 386 - - 677 - 11,790 |
|||
| 28,267 | |||
| 8,169 **41,031 ** |
|||
| 49,200 |
7
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION
Registered Charity Number 1059978 BALANCE SHEET as at 31[st] March 2023
| Note Fixed Assets Playground equipment, trees And fencing 2 Current Assets Bank current accounts Debtors and Prepayments Current Liabilities Creditors Loan Net Current Assets Net Assets Represented by: Funds Unrestricted income funds Restricted income funds |
12,259 - |
2023 | 28,538 - |
2022 |
|---|---|---|---|---|
| 37,121 12,079 |
12,673 28,358 |
|||
| 12,259 180 - |
28,538 180 - |
|||
| 49,200 | 41,031 | |||
| 29,200 20,000 |
21,031 20,000 |
|||
| 49,200 | 41,031 |
……………………………………….
Chairman – Mr. D S Thomas For and on behalf of the Executive Committee.
Date:
8
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION Registered Charity Number 1059978 NOTES TO THE ACCOUNTS for the year ended 31[st] March 2023
1. ACCOUNTING POLICIES
(a) General
These accounts have been prepared under the historic cost convention.
(b) Depreciation
Depreciation is provided on fixed assets at the following rates based on the estimated useful life of these fixed assets and their anticipated residual value.
Playground equipment, trees and fencing Maintenance Equipment Park Furniture
10% straight line 10% straight line
2. FIXED ASSETS
| Play | Maintenance | ||
|---|---|---|---|
| Equipment | Equipment | Total | |
| Trees and | |||
| Fencing | |||
| COST | |||
| As at 1stApril 2022 | 39,504 | 7,909 | 47,413 |
| Additions | 35,858 | 380 | 36,238 |
| Disposals | - | - | - |
| As at 31st March 2023 | 75,362 | 8,289 | 83,651 |
| DEPRECIATION | |||
| As at 1stApril 2022 | 30,952 | 3,788 | 34,740 |
| Charge for the year | 11,234 | 576 | 11,790 |
| Eliminated on disposals | - |
- | - |
| As at 31stMarch 2023 | 42,166 | 4,364 | 46,530 |
| NET BOOK VALUE | |||
| As at 31stMarch 2023 | 33,196 | 3,925 | 37,121 |
| As at 31stMarch 2022 | 8,552 | 4,121 | 12,673 |
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION Registered Charity Number 1059978
UNAUDITED ACCOUNTS for the year to 31[st] March 2023
| CONTENTS | |
|---|---|
| Trustees Report | Pages 2 - 4 |
| Accountants Report | Page 5 |
| Income and Expenditure Account | Page 6 |
| Balance Sheet | Page 7 |
| Notes to the Accounts | Page 8 |
2
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION
Registered Charity Number 1059978
TRUSTEES’ REPORT
The Trustees present their report for the year ended 31[st] March 2023.
Reference and Administration Information
Charity name: Llanferres Playing Field and Recreation Association
Charity registration number: 1059978 Principal office: 33 Cae Gwyn, Llanferres, CH7 5SL
The Trustees during the year were:
Mr D S Thomas (Chairman) Mrs C Barton (Secretary) Mr P Gothorp (Treasurer) Mr T Griffiths Ms S Hawkes Mr G Jaggard Mr D Barr Mr D Clough
Mr A Perrin Mrs J Godfrey Mr B Hutorny Ms E Williams-Gibson Mr D Fryer Mr G Davidson Ms K Glass
Structure, Governance and Management
The charity was established by Trust Deed dated 20[th] November 1996 and is registered with the Charity Commission, number 1059978.
Executive Committee members are elected or appointed on an annual basis.
The affairs of the Charity are administered by a committee, which meets quarterly.
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Charity and are satisfied that systems are in place to mitigate our exposure to the major risks.
Objects, Organisation and Activities
The charity is established to promote and to provide, in the interests of social welfare, facilities for recreation and leisure time occupation, with the object of improving the conditions of life for the inhabitants of the community of Llanferres and the neighbourhood and to encourage, develop and maintain the natural beauty of the site upon which the said facilities will be provided.
3
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION
Registered Charity Number 1059978
TRUSTEES’ REPORT (continued)
Public Benefit
The Trustees have taken into account the information contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives set out in this guidance. The charity provides public benefit through maintaining a public park and pond, which is open and accessible to all.
Report of Progress and Achievements
2023 – 23 was a very successful year for both park and playground developments, and for fund raising.
The development project included replacement of the two aging multi-play tower units, repairs to other play equipment and complete renovation of the pathwork. In addition, using unused grant contingency, a new picnic bench, new granite work surface for BBQ and a new electric strimmer were purchased with a balance remaining to make further improvements during 202324.
Thankfully in 2022, the marshalling of the ‘ Merida Mountain bike’ event returned and, with support from 70 members of the wider community, we received a significant donation of £1,800. The November 5[th] Guy Fawkes event with both indoor and outdoor activities was also a major success, raising over £1,000. With membership fees, donations and proceeds from the monthly quiz in the Druid Inn, it was a good year for fund raising.
Huge gratitude goes to the organising teams to make these events a success, the Executive Committee as a whole, as well as to the wider public for supporting the events, including the working parties to keep the park safe and open. Special thanks are due to Dyfan Barr for rerunning the survey questionnaire, essential for feedback to the grant companies, and to Tim Griffiths for his continued commitment to mowing the grass.
Securing the Green Flag again, and the elimination of all major risks in the annual risk assessment, evidences the good work done by the Executive Committee with strong support from the community. Plans are in place for 2023-24 with fund raising events and adding new features on the park and playground, all of which will keep us busy for the next 12 months.
4
Finances
The attached financial statements show the current state of the finances which remain sound.
Reserves
At 31 March 2023, free reserves amounted to £12,079 (2022: £28,358).
………………………………… Chairman - Mr D S Thomas
Date:
…………………………………. Secretary – Mrs C Barton For and on behalf of the Trustees
Date:
…………………………………. Treasurer – Mr P Gothorp
Date:
5
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION Registered Charity Number 1059978 ACCOUNTANT’S REPORT
Accountants’ Report to the Trustees of the Llanferres Playing Field and Recreation Association on the unaudited financial information
In accordance with our engagement letter, we have prepared for your approval the financial information of Llanferres Playing Field and Recreation Association for the year ended 31 March 2023 which comprises the Income and Expenditure account, the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.
This report is made solely to you, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial information of Llanferres Playing Field and Recreation Association and state those matters that we have agreed to state to you in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Trustees of Llanferres Playing Field and Recreation Association for our work, or for this report.
We have carried out this engagement in accordance with technical guidance issued by the Institute of Chartered Accountants in England and Wales and have complied with the ethical guidance laid down by the Institute.
You have approved the financial information for the year ended 31 March 2023 and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial information.
Summit Chartered Accountants M.01 Tomorrow, Blue MediaCityUK Salford M50 2AB
Date : 05[th] May 2023
6
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION Registered Charity No. 1059978 INCOME AND EXPENDITURE ACCOUNT for the year ended 31[st] March 2023
| INCOME Fundraising: Donations + Fundraising Gift Aid Summer BBQ Grants / Awards Subscriptions and sundry Sponsorship Donations – Pond Grants / Awards - Pond TOTAL INCOME EXPENDITURE Insurance Park Rent Pond Rent Park maintenance Equipment maintenance and repairs Accountancy costs Inspection fee Hall hire Bank Charges Event Costs Sundry Pond Groundworks Pond R&R Computer Costs Depreciation TOTAL EXPENDITURE NET SURPLUS / (DEFICIT) Funds brought forward Funds carried forward |
2023 | 2022 2,583 291 - 21,638 142 - 115 11,632 36,401 138 - - 3,365 - 180 181 112 25 - 54 - 14,370 43 2,787 21,255 15,145 25,885 41,031 |
|
|---|---|---|---|
| 3,182 - - 33,159 95 - - - 36,436 163 - - 14,949 - 180 - 49 73 386 - - 677 - 11,790 |
|||
| 28,267 | |||
| 8,169 **41,031 ** |
|||
| 49,200 |
7
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION
Registered Charity Number 1059978 BALANCE SHEET as at 31[st] March 2023
| Note Fixed Assets Playground equipment, trees And fencing 2 Current Assets Bank current accounts Debtors and Prepayments Current Liabilities Creditors Loan Net Current Assets Net Assets Represented by: Funds Unrestricted income funds Restricted income funds |
12,259 - |
2023 | 28,538 - |
2022 |
|---|---|---|---|---|
| 37,121 12,079 |
12,673 28,358 |
|||
| 12,259 180 - |
28,538 180 - |
|||
| 49,200 | 41,031 | |||
| 29,200 20,000 |
21,031 20,000 |
|||
| 49,200 | 41,031 |
……………………………………….
Chairman – Mr. D S Thomas For and on behalf of the Executive Committee.
Date:
8
LLANFERRES PLAYING FIELD AND RECREATION ASSOCIATION Registered Charity Number 1059978 NOTES TO THE ACCOUNTS for the year ended 31[st] March 2023
1. ACCOUNTING POLICIES
(a) General
These accounts have been prepared under the historic cost convention.
(b) Depreciation
Depreciation is provided on fixed assets at the following rates based on the estimated useful life of these fixed assets and their anticipated residual value.
Playground equipment, trees and fencing Maintenance Equipment Park Furniture
10% straight line 10% straight line
2. FIXED ASSETS
| Play | Maintenance | ||
|---|---|---|---|
| Equipment | Equipment | Total | |
| Trees and | |||
| Fencing | |||
| COST | |||
| As at 1stApril 2022 | 39,504 | 7,909 | 47,413 |
| Additions | 35,858 | 380 | 36,238 |
| Disposals | - | - | - |
| As at 31st March 2023 | 75,362 | 8,289 | 83,651 |
| DEPRECIATION | |||
| As at 1stApril 2022 | 30,952 | 3,788 | 34,740 |
| Charge for the year | 11,234 | 576 | 11,790 |
| Eliminated on disposals | - |
- | - |
| As at 31stMarch 2023 | 42,166 | 4,364 | 46,530 |
| NET BOOK VALUE | |||
| As at 31stMarch 2023 | 33,196 | 3,925 | 37,121 |
| As at 31stMarch 2022 | 8,552 | 4,121 | 12,673 |