2022-03-31-accounts

THE CASTELNAU CENTRE PROJECT REPORT AND ACCOUNTS 31 MARCH 2022 REGISTERED CHARITY NO. 1061637 COMPANY NO. 03305114

THE CASTELNAU CENTRE PROJECT CONTENTS FOR THE YEAR TO 31 MARCH 2022 Pages Trustees report Independent examiner's report to trustees statement of financial activities Balance sheet 10 Notes to accounts

THE CASTELNAU CENTRE PROJECT TRUSTEES. REPORT FOR THE YEAR TO 31 MARCH 2022 TRUSTEES lan Lang, Chair. Veronica Schroler, D8puly Chair Patrick Findlaler. Honorary Treasurer Cllr. Aphra Brandrelh Julie Burdon Cindy Glenn Anne McKee Silvia Monlello Philip Pirie {Resign8d W January 20221 Nicolas Tiffou Anna Wigley Robert Woolf The Trustees present their Annual Report and the Financial Slalemenls of the Company for the year ended 31 March 2022. LEGAL STATUS The company was formed on 21 Janltary 1997 as a company limited by guarantee and i8 govemod by ils Memorandum and Articles of Association. Ils registered office 15 al Castelnau Community Cenlre, 7 Slillinglleel Road, Barnes. London, SW13 9AQ. The Charity number is 1061637. OBJECTS To promote the education and assistance of young persons through their leisure lime activities in order lo develop their physical. mental and spiritual capacities so that they may grow lo full malurily as individuals and members of society and that their ¢ondilions of life may be improved. To promote the benefit of the inhabilanls of Barnes and the neighbourhood thereof wilhoul distinctions of sex, sexual orienlalion, race or political, religious or other opinions by working together with the said inhabilanls, the local authority, voluntary and other organisalions in a common effort lo advance educalion and lo provide facilities in the interests of social welfare for recreation and leisure time with the object of impromng the conditions of life for the said inhabitants. The company's mission is lo promote and support a vibrant, happy and sustainable community in the Caslelnau eslale as part of the wider community of BaTnes. VALUES The Company's core values are.. listening lo those who live in the community working 'wilh' membeTS of the community and nol'forf them developing activities and reSoUr￿S that are locally owned and run helping those involved in the Proje¢l lo acquire new skills. knowledge and confidence working in partnership with other organisalions.

ACTIVITIES The objects are mel in two ways". 1. through the management of the Casleln8u Community Cenlre. a 1930$ building in Stillinglleet Road Barnes, held on a lease from Holy Trinity Church Barnes. which expired in March 2022. 2. through the employment of a staff team of eight people and the involvement of many volunteers lo promote community development, manage the Cenlre, to develop partnerships with other agencies in education, health, social welfare and youth and Children's work, and to njn specific commLJnf(y activities al the Centre. BUILDING MANAGEMENT The lolal cost of managing the Centre in the year was £105,329 12020121 £86,102). The increase is a result of repair and maintenance costs of £17,342 associated with tho bell lower and roofing repairs, much of which was covered by a generous grant from the Barnes Fund. The hire fees for the use of the Centre came in the main from Richmond Council's commlssion lo CCP lo run youth provision, from the Sunshine Nursery, and from Ihe Citizen's Advice Richrnond. There were also number of bookings for other activities. Total receipts for the use of the Centre through the year were £36,115 {2020121 £24,847). Hire fees have been adversely affected by the COVID reslri¢tions, particularly In the prior year. In addition lo managing the building and ils surrounds, the Company also administers. on behalf of the landlord Holy Trinity Church. the neiohbouring allolmenls that are let mostly lo local residents. COMIAUNITY ACTIVITIES The core programme of SeN1￿ to toddlers, children. young people and adults of 8118ges has further developed over the past year. New users Continue lo access the aclivilies. Our light geographical and professional linkage with, Lowther Primary S¢hool. Sunshine Day Nursery and the North Barnes office of Cilizens Advice (Richmond) contributes further to the strong sense of community on and around the Caslelnau Estate. With the d1￿Cl, day to d8y impact of Covid-19 having had far less effect on operations. we have enjoyed a year, when On￿ again new people have accessed activities and we have continued lo develop and evolve our offer of services lo the ￿Cal community. Improving and maintaining positive mental wellbeing continues lo sil 81 the core of everything that we do. We follow the NHS 'five steps to improving menlal wellbeing,, these being lo connect, be active. keep learning, give lo others and be mindful. The 1..1 support that was offered or sought during the year differed from person lo person. As has been the case over seveffil years, we continue to support people who are experiencing ongoing mental h&alth wellbeing challenges. A signifi¢8nl change in the last 18 months is one where we are encountering adults who we feel need the support of Adult Social Services, yet the individual fails lo meet the threshold lo reGeNe support. General, 1..1 contsct and what il means to people is very difficult lo surn up, however, we believe that il is the most important and trust defining activity that we undertake. For many people, we are a point of ¢onta¢t, their non-judgemenlal sounding board, their critical friend, their reassurance. their conslanl. What is discussad can range from something deeply personally distressing, through such challenges as self-confidence dips lo providing a listening ear with regards lo relalionship ch811enges and choices. Most of the lime. the benefit gained is that of lime spent with an active listener and a feeling of being heard and understood. During 1.1 lime we will often support people who are seeking lo pr¢orilise tasks or rfjmove hurdles lo completing a task. Often, simply sitting alongside someone whilst they make a call to the council, utilities company. hospital can be the difference between the call being made or left on a 'to do, list that makes the individual feel that they are failing. In May we launched a new weekly. after school JUn￿r Youlh Club session. The a¢livily is targeted al children in years 5 and 6 with the aim of introducing them to some of the activities that Can be a¢￿ssed during our full youth club offer (cooking, arts and crafts, team games, consul competitions elcl, whilst also providing the

children with an early opportunity lo build relationships with members of the youth team. so as lo further aid their transition lo becoming a full youth club membèr. Over the course of the period 01104121-31103r22. the Centre saw 532312020121 2721 atlendanees made by 529 {2020121 581 different people allending 401 12020121 $01 sessions. These figures do not include those people allending the temi time weekday morning café, wheTe customer numbers have been very slow lo recover to pre-covid levels. We remain cornmilled lo maintaining the café, and during the forthcoming year will be undertaking several different publicily campaigns lo further raise awareness of ils presence, as il is often Central to the first experience that many adult users have of the Cenlre. 11 also serves as a central point of inlergenerational blending, with many friendships being forged and developed. The Little Castles term time, thrice weekly (Monday, Wednesday, and Friday), parent and Child stay and play sessions received 2461 child and adult attendances from 203 different people over 97 sessions. In March, having reviewed the responsibilities of the Su￿rvIsI￿g lead worker, we Suc￿sSfullY recruited lo the new role of Parent Engagement Worf(er IPEWI, a role that we hope will provide greater proaclivily and wraparound Care lo support families. The Little Castles sessions remain our most socially blended aclivily, with chIld￿n being brought lo sessions by parents, grandparents, childminders, and nannies. Child￿rn and adults form relationships and develop support networks that will benefit both, with the session offering a range of play activities which include molorlphysical play, social play, constructive play and fantasy play. There are also themed arts and crafts aclivilies. The TTUStees remain grateful lo The Barnes Fund for the continued funding of the PEW. Our partnership wi(h Brick Buzz, an organisation committed lo the joys of Lego has grown lo become 2 twice weekly after school opportunity for children aged 6-10 years. The sessions provide children with a large choice of blocks to build with and there is always an inspirational model. As with previous themed clubs that we previously delivered, we have found that il is particularly beneficial lo those children wlh social anxiety and communication ¢hallenges. At the beginning of the year. we entered a pertod of negotiation regarding our role in providing commissioned youth provision on behalf of the London Borough of Richmond upon Thames. via Achieving for Children. In March we reached a verbal agreement th81 would see us delwer 2 years plus one performan¢e based optional year, beginning in April 2022. We have now received a fomial conlimiation of that agreement. The year has seen a fresh influx of younger children living locally on the estate and they have already started lo influence and shape the servi¢e via open and thoughtful dialogue with the Youth Team. We are particularly pleased with the increaso in youth allendance 11,474 allendancesl from 50 different young people attending 79 sessions. This allendance is particularly pleasing due lo the number of repeat atlendanGes being made by a regular group of local young people who are very much making their local youth club their own. We are also seeing young people accessing youth ¢lub earlier, followin9 our commitment to allow children to a¢￿sS as soon as they enteT Year 6 {providing a whole 12 months to sellle into youth club before Iran811ioning lo secondary s¢hool)- We have continued lo deliver 'JWalhs Club. IhToughoul the year, providing children with a weekly opportunity to further develop their understanding of the subject. The 1.5-hour session saw an average of 6 children in altendance and was delivered al no cost by one of our Trustees, who has a passion and skills for engaging children in the subject. The children accessing the session all benefilled in different ways, with several children experiencing significant increased capabilities around the subject. As in previous years, the fixus on the needs of adults has been plentiful. Many of the sessions were delivered or augmented by a group of highly creative and committed volunteers, who have showcased pallern of developing sustainability in our a¢livilies. Provision for adults has included, the W61come Project, a weekly session for people wlh English as a second language who wish to improve their language skilts whilst making friendship and support conneclions. 'Arts 4 All (provides a range of Crafting opportunities, whilst cru¢ially offering an opportunity lo improve wellbeing through a sense of participation and achievemenll, YcNJa, Pilates, Zumba, Chair based Exercise, Walking Footba15, Table Tennis, Monthly Dining for Over 50,5, Monthly Book Club and Gardening Club. We have worked in partnership with a range of providers lo bring expertise and knowledge diraclly lo the local wmmunity. Over the year we collaborated with Citizens Advice Richmond, Welcare, Richmond MIND, Achieving for Children, NHS Clinical Commissioning Group and Primary Care Network, RUILS SoGial Prescribing Team, Richmond Furniture Scheme. Melropolbtan Police Service and London Borough of Richmond upon Thames Council.

CCP hosts a limb of the Richmond Foodbank Scheme, delivered by volunteers from the Barnes churches. in partnership with the Trussell Trust. The initiative, co-ordinated by Holy Trinity Church, has experienced another busy year. CCP encoLJrages volunteering. Volunteers run the Community Café, support the delivery of The Welcome Project, Elders lunches, the adwce service lo local people 'Lets Get 11 Sorted, and support our chiklren's provision. Numbers across the year have remained steady al around 30 volunteers across all activities. Regarding marketing and publicity. we made a decision lo relum lo the issuing of hard copy newsleller, with the first due for delivery in the Autumn of 2022.we witnessed a growing awareness of the work of the project which was spread via word of mouth Ipresenlalions were made al Sl. Mary'8 Church and Barnes Women's Inslilule. We also continue to use our website and social media lo good effect. FINANCIAL SUPPORT CCP received total grant income lo support community activities of £135,110 {2020121 £100,775). The increase is because of a generous grant by Barnes Fund towards the bell lower and roofing repairs, and a one-off £25,000 Covid related Grant from the Borough of Richmond. Del8ils of funders are set out in notes lo tho accounts. The rnosl important grant funder for CCP remains The Barnes Fund. 11 gave £41,000 for the Centre's core staffing. This underpins our ability lo promde professional community development in Bames. The Trustees are most grateful for the Fund's support and their ongoing commitment lo supporting people in 9reatest need. Richmond Parish Lands Charity IRPLCI has also been a major funder. granting the Centre £23,786 towards core slaffing. RPLC is a local grant maker ensuring that those in greatest need re￿1ve the appropriate support. Trustees sincerely value RPLC'S ongoing support. CCP also enjoys an annual grant of £30,250 from the National Lollery Community Fund to cover the costs of our Adull Programme Manager and some additional adminislralionldala base hours. Trustees are also grateful for donations in the year, lotalling £41,665 (2020121 £41,823) from Ioc81 churches, schools and other organisalions. details of which are sel out in Note 4. These are especially welcome in providing opportunities for a flexible response lo needs as they arise. Trustees are particularly thankful to our landlords, Holy Trinity Church IHTCI for their substantial financial donation and support. We continue lo seak support from local businesses and organisalions, as well a5 seeking donations from individuals. STAFF The year saw jusl one change lo personnel, with the successful recruilmenl ol a Parent Engagement Worker who will join the team in May 2022. Our srnall, commilled team continued lo further develop our working relationships to best support each other in providing a broad offer lo l¢xal people. Lisa Green Continues to combine her role as Finance Manager with that of Company Secretary. TRUSTEES Philip Pine ￿SIgned as a Trustee in January 2021 for personal reasons. Trustees expressed their appreciation of the valuable work Philip has done as a Iruslee for nearly seven years. Of the eleven Trustees. nine live in North Barnes and the remaining two live in or are local lo Barnes. RISK MANAGEMENT AND CONTROL Risks and their miligalion ware formally reviewed during the year. The main risks are financial. repulalional and operational. The main financial r*sks are loss of significant funding or loss of major rental income and conlracls, or significant unbudgeted Costs. The reserves policy covers temporary shortfalls of funding, rents or

unantictpaled costs. Larger shortfalls would be covered by accelerated fundraislng. The repulatlon of the charity would be damaged by a fallure of safeguarding, major dislurt)ance or failure of governance. These risks are being managed by the Deputy Chair and Director in establishing and maintaining robust policies and procedures approved by Trustees and overseen by the Director and Chair. Policies and procedures are regularly reviewed and updated. During the year the following policies and procedures have been reviewed, updated and apwoved by Trustees.. Allegations, Confidenlialily, Tlme off In Lieu, Public Interest Disdosure (.Whislle Blowing), Equalily & Oiveisity and Ihe Resefves Policy. Operational risks include risks in managing the building and risks in providing appropriate services. These operational risks are managed by the Director subject lo oversight by the Chair and by Trustees CCP has insur8nce to provlde the norm81 protections against the r15ks associated with employment and building management. There is also risk associated with renewal of the lease around Ihe te￿n and rent. Negotiations are contlnulng with the landlord, Holy Trinity Church FINANCIAL POSITION AND RESERVES Th8 overall oul-turn for the year was a surplus of £30.568 {2020121 surplus of £4,080). As CCP began to emerge from Ile c.ovid efflergeney, Ihe iNcome from chBri18ble activities inereased by 8roufid £10K btsl so did the Gosls. As a result, net assets to be c8rrled forward were £144,159 {2020121 £113.591 }-Total Income was inflated by the one-off £25,000 Covid related grant from the Borough of Richmond which resulted In this welGome surplus. Th8 ReseNes PoliGy is to aim to hold six months costs or approximately £120,000 lo ensure Ihal the charity holds enough funds to be wound down solvent if ever necessary, to cover signrficant unplanned costs, and to cover any significant shortfall in funding or rental Income. Ajlhough nel assets were greater than the targel al year-end, there are greater than usual uncertainties in the coming year in tem)s of anliclpated legal fees and net renlal associated with the renegotiation of the lease, which makes this additional reserve tlmely. INDEPENDENT EXAMINATION OF THE ACCOUNTS The Trustees are responsible for the preparalion of the accoLtnts, whlch are nol required to be audiled. Accordingly they have been the subject of a report by an independent axaminer-Alastair Cameron, whose report is set on the followlng page of Ihls document. Approved by the Trustees and slgned on their beh8if by: lan L8ng Chair Dated.... 1&2Z

THE CASTELNAU CENTRE PROJECT FOR THE YEAR TO 31 MARCH 2022 INDEPENDENT EXAMINERS'S REPORT TO THE TRUSTEES OF THE CASTELNAU CENTRE PROJECT I report lo the charity Trustees on the accounts for the year ended 31sI March 2022 which are set out on pages 9-13. RESPONSIBILITIES OF THE TRUSTEESAND INDEPENDENT EXAMINER The charity's Trustees consider th8t an audit is not required for this year under section 744121 of the Charities Act 201 L Ilhe 2011 Acll and that an independent examination is needed. 11 is my responsibility lo.. Examine the accounts under section 145 of the 201-1- Act., Follow the procedures laid down in the General Directions given by the Charity Commissioners section 14515Xblof the 2011AcU and stale whether particular matters have come lo my attention. BASIS OF INDEPENDENT EXAMINER'S STATEMENT My examination was Carried out in accordance with the General Directs'ons given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts with those records. 11 also includes consideration of any unusual items or disc105ures in the accounts and seeking explanations from the Treasurer and Finance Manager concerning any such matter5. The procedures undertaken do not provide all the evidence that would be required in a full aucsil, and consequently I do not express an audit opinion on the accounts. INDEPENDENT EXAMINER'S STATEMENT In connection with my examination, no matters have come lo my attention which give me reasonable cause lo believe that in any material respect the requirements lo keep accounting records in accordance with SL30 of the 2011 Act or lo prepare accounts which accord with these accounting records have not been met.. or 2. to which in my opinion, allenlion should be drawn in order lo enable a proper understanding of the accounts to be reached, other than the lease renewal mentioned in the trustees, report. aslair Cameron FCA 48 Lowther Road. Barnes

THE CASTELNAU CENTRE PROJECT STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31 MARCH 2022 NotA$ 2022 RoStrl¢tsd Unrgstrltièd Total Rastrlctèd Unrostrlcted Total Incorne from.. Funds Funds Funds 176,775 53.373 36,1fj5 154 Funds Funds Funds Donavons and Grants Charitable acliwlies 30.250 146.525 S3,373 36,115 27,893 114,705 42.847 24,847 234 142,598 42,847 24,847 234 8ullding IncLKne Investment lrtome Total Income 236 167 266 417 182 633 Expendlture on.. Charitable acti￿tieS 473 18258 103,329 83,386 18,731 105,329 111,78 8.412 84.1Q2 8,412 86.102 111.932 Bullding costs Other Gharitable adMll88 2,000 28,403 2.000 25,267 fo 86,685 Totol resourc￿ ox endqd 235 849 179179 206 446 Sur A¢¢ountin Noi Sur lus 626 626 Ad ustmerbt doficlt 626 628 The income, expenditure and resulting net movement in funds arise from continuing operations. The charity has no recognised gains or losses olhei than the nel movement in funds in the year.

THE CASTELNAU CENTRE PROJECT BALANCE SHEET 31 MARCH 2022 Notes 3110312022 3110312021 Cuwent Assets: Debtors C8sh 8nd cash equivalenl8 12,616 205 346 217.962 13.198 182 441 195,639 CuThent Llabllltles: Creditors Ngt assgts £144 159 £113 91 Represenled by.. Restrlcted funds Unrnstricted funds 626 112,965 144,159 £1Ad 159 £113 591 For the year endlng 31 March 2022, the company was entltled to exemption from audit Ltnder secllon 477 of the Companies Act 2006 relating to small cornpanies. The members have not requlred the company to obtain an audit of Its acGoun15 for the year in questlon In ac- cordanc8 With section 476. The directors acknowledge Iheir respon5ibilitles for complylng with the requiremenls of the Act wllh respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance wllh the provisions applicab18 to companies subject to the small Gompanies, regime. The financlal statements were approved by the Tntstees On I kjtyl 2022 and signed on thelr behalf by.. lan Patrick Findlaler

THE CASTELNAU CENTRE PROJECT NOTES TO THE ACCOUNTS FOR THE YEAR TO 31 MARCH 2022 1. ACCOUNTING POLICIES Company infomiation The Caslelnau Centre Projecl1033051141 is 3 Charity and company limited by guarantee incorporated in England and Wales. The registered office is Caslelnau Community Cenlre, 7 Slillingfleel Road, B8rnes. London, SW13 9AQ. al Accounting Conventions The accounts (financial slaternenlsl have l)een prepared in accordance with the Statement of Recommended Practice ISORPI". Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and the Financial Reporting Standard appliesble in the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011 and the Companies Act 2006. The accounts have been prepared under the historic81 Cost convention with items recognised al cost or transaction value unless otherwise slated in the relevant nolelsl lo these accounts. The accounts are presented in sterling which is the functional currency of the charity and rounded lo the nearest £. The Caslelnau Centre Project meets the definition of a PLJblic benefit entity under FRS 102. Those a￿ount$ for the year ended 31 March 2022 are prepared in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland. bl Funds structure Unreslricled income funds comprise those fun(Js which the Trustees are free lo use for any purpose in furtherance of the charitable objects. Unreslricled funds include designated funds where the Trustees, al their discretion, have created a fund for a specific purpose. cl Income All income is ￿Cognised once the Charity has entitlement lo the income, there is sufficient certainty or receipt and so il is prob8ble that the income will be received, and the amount of income can be measured reliably. dl Expenditure Liabilities are recognised 8s expenditure as soon as there is a legal or constructive obligation commilling the charty to that expenditure. il is probable that settlement will be requirad and the amount of obligatnn can be measured reliably. All expenditure is accounted for on an accruals basis. 2. DEBTORS The debtors are estimated lo be rece￿ed within one year and comprise.. Trade receivables Other debtors Prepayments 31 Mar 2022 31 Mar 2021 1,831 6,703 100 6,703 12.616 13.198 3. CREDITORS The Creditors are payable wlhin one year Trade payables Deferred income Other payables Accruals 3,361 13,348 49,938 63,056 1.049 437 5207 82,048 73,803

1. DONATIONS INCOME 2022 2021 Rèstrlctèd Funds Unrèstrlctèd Funds 26,812 2,325 3.605 8,923 Total Funds 26,812 2,325 3,605 RostTlctod Unrèstrlttèd Funds Funds 26,812 2,105 3.103 Total Funds 26.812 2,105 3.103 Holy Trinlty Church Sl MaWs Church Sl PaLI'y School Other dontllons
2. GRANTS INCOME 2022 Rostrfctbd Unrostrlctgd Funds Funds 54,848 23,786 2021 R&strlctad Unrastrlctèd Funds Funds 41,(hlO 24,318 Total Funds 54,848 23,786 30.250 Total Funds 41.LKIO 24,318 27.893 3.(X)O 923 Barr*s FurKJ Rithmond Parish Lands Chariiy National Lollery C(xrmunily Fund Goldman S8chs L8 Richmond Oihergranls 30.250 27.893 3,(MlO 923 3.641 25,049 25,049 1.177 135110 60 100775
3. CHARITABLE ACTIVITIES 2022 Restrlctod Unreslrlct8d Fund5 Funds 43.229 2.554 3,550 2021 Restrlcled Unreslrlcted Ftsnds Funds 42.103 Total Funds 43.229 2.554 3,550 985 2.090 Total Funds 42.103 Youlh Senrice Contract Cornmunily C61e Exercise Classes Elders 2.090 236 236 Oihercharilable adhrilies Income 965 508 508

4. BUILDING INCOME 2022 Restricted Unrestricted Funds Fund8 2021 Total Funds Re3triGted Unrestricted Funds Funds Total Funds Rent 1￿me

5. CHARITABLE ACTIVITIES (DIRECT COSTS) 2021 Rastrlclod Unrnstrlctgd Funds Funds 3,259 Rostrfcted Unre8trict8d Funds Funds 5.005 2,126 3,716 812 Tc>tal Funds 5,005 2.126 3.716 812 2.555 Total F￿ndS 3,259 Youlh SeNtr Conlrxt CoMmu￿tY Cafe Ullle Caslles ExercL%e Classes ders Sumrner Programme 2£2 282 CommunYLy Intemet AdullAcliwl￿s Other a¢ll￿tIeS 2.803 2,803 4,871 4,871 393 80 73

6. BUILDING COSTS 2022 Restricted Unrestrictèd Funds Funds 19.713 38.303 12.982 8,674 17,342 1.3%5 2021 Restricted Unrèstrlct8d Funds Funds 19.317 39,496 12,943 7.061 Total Fundts 19,713 39,303 12,982 9,674 17,342 1,315 Total Fund8 19.217 40.496 12.943 8.￿1 192 93 Staff costs {BU￿ing) Renl anLI r81es Cleanlng Ulilllles. secudly, refus8,1111 Repalrs malnten4nGe Insurance Olner pri)fes$lonal fe&8 1.OQO I,(x)o 1.000 1,(M)O 103 329 105329 000
7. OTHER CHARITABLE ACTIVITIES COSTS 2022 Unrestrlcted Funds 74.650 2.506 2,219 2021 R8strlctod Unrestrlct¢d Funds Funds 25.267 74,744 6,366 RÈ$trlctod Fund¥ 27.087 568 Total Funds 101,687 3,072 2.219 Total Fund$ 100,011 8,366 siaff costs ICh¥iilabSe ac￿￿1￿$) Office costs Insur￿ Protesslonal fees HR Staff trainlrKJ and rerxuitmenl Sundry expenses 850 738 3,849 850 738 1,045 1.045 403 111 789 111 932