CHRISTIAN RESPONSE ACCOUNTS Year Ended 31 December 2022 Registered Charity No 1062623
CHRISTIAN RESPONSE ADMINISTRATIVE INFORMATION TRU5fEES Mr Graham Carey Mr Richard Crltchley Mr Hugh 5cudder PRINapAL ADDRESS 20 Wision Hlll Road Budleigh Salterton Devon EX9 6EE BANKERS Barclays Bank PIC Bedford Street Exeter EXI ILX INDEPENDENT LXAMINER Mr S J Bright Chartered Accountant 10 High Croft Exeter EX4 4JQ CHARifi NUMBER 1062623
CHRISTIAN RESPONSE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 Trustees. Annual Report 1-6 Independent Examinerfs Report ststement of Financial Activities Balance Sheet Notes to the Accounts 11>16
CHRISTIAN RESPONSE TRusfEES' ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 INTrODucnoN The Trustees submit the Trustees. Report and unaudtted financial statements forthe year ended 31 December 2022. The charity registration number is 1062623. The Trustees confirm that the Tru5tees' Report and financial statements have been prepared so as to conform to the Governing Document dated 7 April 1997. The Charities Att 2011 and The Charities SORP IFRS1021. The Trustees consider that the Char¥ty is exempt from the requirement for an aud5t. but that an independent examination is required. In preparing the Tru5tees' Report and finandal statements, theTru5tees have paid due regard to Section 17151 of the 2011 Chartties Act concerning public benefit guidance. LEGAL AND ADMINIStRATIVE INFORMATION The name of the Charwty is Christian Response. The governing document Is the Trust Deed dated 7th Aprfl 1997 and the scheme reglstered by the Charity Commissioners on 3rd June 1997. RegÈstered Charty No. 1062623. The trust uses the working titles"Christian Response-."Chri5tian Response to Eastern Europe". "CR2EE" and "CREE". The principal address for the charity 55 20 Vision Hill Road, Budleigh Salterton. Devon. EX9 6EE. The names of the Trustees are: Graham Carey (Chairof Tru5tee5) Richard Critchley (Secretary and Treasurer) Hugh Scuddef (Charity Director) The trustees meet formally on a minimum of 3 times a year. Trustees are appointed in accordance with governing documents, In prattice there must be at least 3 trustees. The main bank accounts are held WTth Barclays Bank. and a saving5 account is held with Kingdom Bank. The independent examiner is Stephen J Bri8ht (Chartered Accountant), 10 High Croft. Exeter, EX4 4JQ Solicitors are appointed as required.
CHRlSfiAN RESPONSE TRUSTEES, ANNUAL REPORT Iconllnued) AIMS AND mANAGEMEr OF CHRISTIAN RESPONSE Objects of the charfty The objects of the charity are to provlde relief to disadvantaged and vulnerable people living in Eastern Europe through the support of donations received from individua15 and or8anisations in the UK. In practice the charlS maln areas of work during 2022 were Moldova and Ukraine. Help is given by supporting families. churchÈ£ and medical organisations through financial gifts, tskÉng humanitarian aid. and setting up projects to provide longtemi benefrts and independence. It is also given through arranging for special medical diagnosis and treatment here in the United Kingdom. Misslon Statement The Mission Statement for Christian Response Icr2eel Is to encourage disadvantaged people living in Eastern europe by= Letting them know there arè people in the UK who care for and regularly pray forthem. Sharin8 our worldly wealth with them. Sharing the love of Jesus with them. Helping them to help themselves. Being a source of inspiration and encouragement to everyone at all times and in all places. Key management personnel The trustees consider thatthe Board of Trustees are the key management personnel of the charity in charge of directing and controlling the charity and its day-to-day operation. All trustees give their time freely and no trustee is remunerated. Details of expenses and related party transartions are shown in notes 7 and 8. Each trustee has visited Moldova in the past. and during 2022 Hugh Scudder visited Ukrdine, a5 well a5 Moldova, on 2 occasions. Therefore. the trustees have understandinB of the needs of the families and or8anisations that cr2ee sUPPOrts. REVIEW OF AcnvmES DURING 2022 Areas of artlvlty In recent years cr2ee'5 primaryfocu5 has been helping disadvantsged and vulnerable people In Moldova. In March 2022, a Ukraine Appeal was set up in response to the Russian war in Ukraine in order to help the laree numbers of Ukrainian refugees fleeing to Moldova. Subsequently, cr2ee has been a150 providin8 humanitarian aid to displaced Ukrainians through 50me churches in Ukraine.
CHRisnAN RESPONSE TRUSTEES, ANNUAL REPORT (contlnuedl cr2ee's activities in 2022 have been in the following areas= Moldova- to help vulnerable and needy Moldovans Ukralnlan refugees-to help cr2ee's partners in Moldova 5UPPOrt Ukrainian refvgees that fled to Moldova Ukraine-to help displaced Ukrainian5 in Ukraine Romania- in 2020, cr2ee stopped its general work in Romania, but has contlnued to help a familythat it has known for many years. The activities are summarised in the table below and described further in the followirbg paragraphs. Area Money sent in 2022 (thousands of £1 £IOOk Lorry loads of humanitarian aid Moldova Money and aid sent through longstanding trusted partners in Moldova Money and aid sent through newfy established partner5 in Ukraine Money raised by a group in Devon sent dirertly to one family in Romania Ukrainian refugee5 £82k Ukraine £16k Romania £0.6k TOTAL £199k Response of supporters There was a massive response from the public and cr2ee's existing SUPPOrters to the Ukraine Appeal. because of the impact5 Of the war in Ukraine. The supporter5 continued to donate for needs in Moldova and responded to the extra needs of Moldovans due to high inftation. As a result. £272k in monetary donation5 linduding Gift Aid refunds) was received, which 15 much greater than the £87k received in 2021. roioney sent to Eastem Eurnpe During 2022 money was sent each month via trusted local partnerchurches and trusted indlvlduals to help di53dvantsged and vulnerable people in Eastern Europe. Atotal of £199k of monetsry grants was sent to Moldova. Ukraine and Romania. This far exceeded the £92k sent in 2021. Flnancial gifts and family support boxes sponsored by famllles here in the UK were given to over 200 families in Moldova. Some of the money was used to buy animals or seeds to encourage people to grow their own food. or buy wood to help them keep warm in the cold winterweather which can drop as low as-20°C, or p3y for medical fees or education. Money was also used to suptx)rt soup kitchens lin Balti, Orhei, Chiperceni, and Borceag) and chlldren's homes, and to provlde accommodation for homeless families to live in. cr2ee obtains si8ned receipts from each of its partners to corkfirm right use of the fvnds that have been sent and photographs of projects. Also. frequent on-line contsrt 15 maintained to keep aware of the needs and how the aid was being distributed.
CHRisfiAN RESPONSETRUSTEES, ANNUAL REPORT {contlnued) Humanltsrian aid trucks In addition to monetary support, 7 humanitarian aid trucks. fvlly laden with beddin& clothin& food. toiletries and other humanltarlan goods were sent to Eastern Europe. In total 89 tonnes of aid was delivered- 2 truck-loads to Moldova contained goods prim3rily for Ukrainian refugees, 3 trips went to Ukraine. and 2 contained aid for Moldova- the December truck included 42LK) Chrlstmas shoeboxes for Moldovan children. Ir15its One of cr2ee's trustees. Hugh Scudder, visited Moldova and Ukraine twice lin Aprivmay and In August/5eptemberl to better understand the needs of people, see first-hand the work being done by the charivs partner5. and be assured that supporterg money is being used appropriately. Most importantly, the personal visits help to build on the excellent relationships cr2ee has with the hundreds of familres helped in Moldova. This personal contact is very important and builds trust with the disadvantaged and vulnerable. Supportln8 actlvlties There were 6 trustees. meetings during 2022. which were held on-line to save travelling costs. During the year the finances were managed, the Ukraine Appeal was established. the delivery of money and hurnanitarian aid to Moldova and Ukraine was monttored, and the charitys policies were reviewed. cr2ee held six online News and Prayer meeting5 to inform supporters of latest Issues in Moldova and Ukraine. and to pray. Five newsletters (February, March, April, May and September) were distributed to over 300 supporters to keep them informed of the work of the charity. In addition, a summary of the 2021 Annual Report and an update on the Ukraine Appeal were sent to supporters in September. News items were also published on cr2ee's Facebook page and website. ACKNOWLEDGEMENTS Fundralslng The funding of the charity is provided through regular and occasional gifts from Indlvlduals and organisations a5 a result of personal wntact with the charitys many 5UPPQrter5 and through the many presentation5 that are given throughout the year. Some supporters organise ¢offee mornlngs and other events in support of the charity. In 2022, many new supporters donated to the Ukraine Appeal. cr2ee is very grateful to all donors.
CHRisfiAN RESPONSE TRusfEES' ANNUAL REPORT (continuedl Supporters The trustees are very gftteful to a large number of people who supported the charlty through their financial giving and giving of ald. and the many volunteer5 who assist with the collertion and 50rtin8 of the humanitartan aid and medical supplie5. There are also those who give their time loading the lorries. All the work is carried out by voluntsers. The sending of such a large Quantity of humanltarian aid good5 in 2022 was achieved by the wonderful support of many volunteers who freely gave a lot of time. sometimes dairy. transportlng aid to the storage facility. sorting of the aid. and loading the trucks. cr2ee could not have done anv of this withouttheir wonderful team of volunteers. Organlsatlons Duringthe yearthere has been generous SUPPOrt by churches. charitable trusts, companies, schools and other organi5ations who have given both financial donations and goodsJseNices for distribution In Moldova or Ukralne. The provision of vehicles for collection and moving of goods here in the UK and warehousing for the collection and sorting of Humanitarian aid and medical supplies 15 greatly appreciated. Warehousln8 and haulage cr2ee 15 very grateful to a supporter for the use of premises known as Yhe Old Acorn Kindergarten. ExmoLrth" for the receiving and 50rting of humanttarian aid. The premises have enabled cr2ee to safely sort and store goods before despatch by lorry to Eastern Europe. The tremendou5 willingness of the Romanian driver enabled the transport of humanttarian aid from the store in Exmouth to a war zone in Ukraine on 3 occasions. in addition to deliveries to the usual destination in Moldova. FINANCIAL MATTE R5 Publlc benefft The trustee5 have considered the requirement5 to be of benefftto the publlc ès required bythe Chartty Commission. They are satisfied that the current activities as listed above are for the beneflt of many needy famllles and individua15 in Eastern Europe. and so meet those requirements. Income and expendlture The main aim of the trust is to raise funds tor distribution to families and or8anisations in Eastern Europe and to assist improvements In the standards of living and independence of the very poor people in that a3. During this year the charity received a total of £271k12021- E87kl from general dor¢ations. intluding Gift Aid tax refunds. and £24k12021: £7kl in donated goods. The large increases above the previous year resulted from the Ukraine Appeal. Expenditure forthe year vra5 £236k12020= £106kl of which £199k12020.. £92kl was 5pecffic 8ifts and aid for the people5 Of Moldova I£IOOkl, Ukraine Irefugees and displaced persons11£98kl. and Romania1£0.6kl.
CHRISTIAN RESPONSE TRU5TEES' ANNUAL REPORT lcontlnued) Reserve$ Pollcy Reserves are the resour5 of the trust that can be made available to spend for all or any of the trust's purposes On it has met its commitments and covered its Other planned expenditure. The current aim is to maintain a minimum level of £40k reserves in hand: this is equivalent to three months of expendtture. The reserves held by the charity on 3tst December 2022 amounted to £120k. Rlsks The mèjor ri5k5 to which the thartty is exposed. a5 identthed by the trustees, have been revlewed and system5 have been established to rniti8ate these ri5k5. All fvnds are in UK bank accounts protected by the UK 5 Financial Services QJmpen5ation Scheme IFSCS). and the tnteeS ensure that the maximum In any one banking organisation Is £85.OLX). TRUStEES' RESPONSIBILITIES IN RELATION TO THE FINANaAL STATEMENTS The law applicable to charities in England and Wales requires the trustees to prepare financial Statements for each financial year which give a true and fair view of the ChariV5 fiftancial actNlties during the year and of its financlal position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practi and: Select suitable accounting policies and apply them consistently,. Make judgements and estimates that are reasonable and prudent: State whetherapp1icabfe-accoNtng stsndards and statem.en s.or reroTemt¥IfPraCtl . have been followed. subject to any departures disc105ed and explained in the financial statements: and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will contlnue In operation. The trustees are SpOnsIble for keeping accounting records which disclose with reasonable accuracy the financial posltion of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the charity (Accounts and Reports) Regulation5 and the provision of the trust deed. The trustees are responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention of fraud and other Irregularities. signed.. ... Graham Carey Ichairmanl Authorised to sign on 16 March 2023
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF CHRISTIAN RESPONSE YEAR ENDED 31 DECEMBER 2022 I report on the accounts of the Charity for the year ended 31 De¢ernber 2022, which are set out on pages 8 to 16. Respective responsibilities of trustees and examiner The Charitfstrustees are responsible for the preparation of the accounts. The Charity's trustees on5ider that an auditls not required for this year lunder Section 144121 of the Ch?Tilie5 Act 2011 (the 2011 Actll and that an Independent examination 15 needed. It is rny responsibility to.. lal examine the accounis lunder section 145 of the 2011 Artl,. Ibl to follow the procedures lald down in the General Dtrections ÈNen by the Charity Commissioners (under section 14515llbl of the 2011 Attl,. and (el to state iwhether particular maitefs have come to my attention. Basis of Independent Examinerfs report My examination was carried out in Bccordance with the General Direcrions given by the Charity Comrni55ioner5. An examination includes a review of the accounting records kept bythe charity and a comparison of the Bc¢ount5 presented with those cOrdS. It also includes consideration of any unusual iterns gr dlsc105ures in the accounts, and the seeking of explanations from you as trustees concernlng any such matte15. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given a5 to whether the accounts present a "true and fair" view and the report is limited tc those matters set out in the statements below. Independent Examinerfs statement In connectic*n with my examinatSon, no matter has come to my attentian.. 11 which glves me aSonable c3U5eto believe that. in any mater¥al respect, accounting records We not kept in aCCOTdance wlth Sertion 63 of the 2008 Act and Settson 130 of the 2011 Aci: the accounts do not cofflply with the records; and the accounts do noi comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reportsl flegulations 2008 other than any considered as part of an independent examination. 21 to which. in my opinion. attentlon should be drawn in orderto enzble a proper understandin8 of the account5 to be reached. Stephen l Bright MA Ioxonl MBA FCA Chartered Accountant 10 Hi8h Croft, Exeter, EX4 4JQ Date..
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CHRISTIAN RESPONSE BALANCE SHEEr ASAT31 DECEMBER 2022 Note 2022 2021 FIXED ASSErs TanEible Fixed Assets CURRENT ASSETS Debtors Itax recoverable) Debtors lotherl Cash at bank 2,767 1,409 116,917 1741 80,291 io 121,093 85,572 CURRENT UABIUTIES Credttors- amounts fallin8 due within one year (Accrualsl 1,371 1,370 Net cUrnt assets 119.722 84.202 ' 1.19,7.22- THE FUNDS OF THE CHARITY Unrestricted funds Moldova funds Romanla funds Ukraine funds 12 12 12 80.451 33.337 63,201 21,001 5.934 119.722 Graham Carey Ichaimian) Richard Critchley (Treasurer) The financlal ststements were approved by the Trustees on 16 March 2022 The notes on pages 10 to 16 form part of these financlal statements
CHRISTIAN RESPONSE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022 NOTE I. ACCOUNTING POUCIES The ft)Ilowing accounting policies have been used consistently in dealin8 Wlth items which are considered material in relation to the charity's financial statements. Basis of Accounting The financlal ststements have been prepared under the historical cost convention and in accordance with applicable atcountinE Standards and Statement of Recommended Practice Charities SORP {FRS1021. IncoTne and Expenditure Voluntary Income including legacies is accounted for on receipt, but expenditure is accounted for when the liability is incurred. Tax Refunds Tax refunds arise out of the receipt of donation5 by way of Gift Aid. Credit IS taken in the accounts forthese refunds when the underlying gift is received. and allocated to the area designated for eath Eift. dl Depreclatlon and Fixed A55ets Fixed assets a capitalised at cost #nd depreciation Is calculated so as to write off the cost of the assets over their effective useful lives. Only assets costing in extess of £250 are capitalised_ Equipment is written off on a straight-line basis by equal instalments over three or four years. Allocation of Costs Costs are allocated dirertly to the fund to which they relate or are apportioned on a reasonable justifiable and consi5tsnt basi5. Bank interest and bank charges are allocated to unrestricted. Forelgn Currencles Assets and liabilities in foreign currencies arè translated into 5terfing atthe rates of exchange rullng at the balance Sheet date. Transactions In foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange difference5 are takertr into account in arrivine at the operating resulL NOTE 2. IK)NATIONS AND LEGACIES 2022 2021 Donations Donated good5 Legacies Tax refunds 243.693 23,968 io,ooo 15,225 76.392 7,083 10,748 294,886 94.223 io
CHRISTIAN RESPONSE- NOTESTO THE FINANCIAL sfATEMEKfs YEAR ENDED 31 DECEMBER 2022 (continued) NOTE 3. ANALYSIS OF EXpENDuRE Mold¢)va RomanA Ukralne Unre51rfcted Funds 2022 Funds 2022 Fund5 2022 Funds 2022 Total 2022 Ralsing funds Prlntln& posta8e and office supplie5 577 1.383 Charltable artlvltl Mgn¢t4rygrants Donated good5 Haulaee and fuel Warehouse costs Travel and subsistence Bank char8es Support costs 100.393 9,423 11,329 327 1.805 621 97.921 14545 19.112 458 198,935 23,968 30,441 785 2.093 564 564 1.704 839 124.142 621 133.163 564 258.490 Total expendfture 124.948 621 133,740 564 259.873 Mold4wa Romanla Ukraine Unrestrlcted Funds 2021 Funds 2021 Fund5 2021 Fund$ 2021 Total 2021 Raislngfunds Prinling. p95tage and office supplies 355 355 Charitable acii¥ikne5 Monetary8rants Donated good5 Hau13ge and fuel Warehouse costs Travel and subsistence Bank charges Support costs 85.102 7,083 9.866 514 L069 222 85,324 7.083 9.866 514 1,069 216 1.622 216 1,622 105.472 222 105.694 Total expenditure 105M27 106.049 li
CHRISTIAN RESPONSE- NOTES TO THE FINANCIAL STATEMENfs YEAR ENDED 31 DECEMBER 2022 Icontlnued} NOTE Q SUPPORT COST5 2022 2021 Insurance Independent examination 789 915 747 875 1.704 1.622 2022 2021 Allocated as follows: Moldova-. Insurance Ukraine.. Insurance Moldova.. Independent examination Ukraine.. Independent examination 747 389 465 450 875 1.704 1.622 NOTE 5. mONARy GIIAPIt5 During the yearthere were 78 grants12021- 621 totalling £158.054 {2021- £54.0761 to responsible individuals for onward distribution to families and individuals for the relief of hardship and for special needs. In additlon. there were 64 grants {2021: 581 of £40.88112021- £31.248) to institutions, again via responsible individuals. The geo8raphical spltt of the gifts shown below 15 sumTTtarlsed in the analysis of expenditure in note 3. The grants for familles and Individuals were: 2022 2021 Fund Family support= Moldova Family support= Romania Family support: Ukrainian refugees Medical costs Animals and te5 Education costs Winter fuel Home repairs for poorfamilies Computer for translator 55.871 621 81.659 38559 222 Moldova Romania Ukraine Moldova Moldova Moldova Moldova Moldova Moldova 8.142 1.618 1,438 2,243 1854 795 7,784 532 158,054 54m6 12
CHRISTIAN RESPONSE- NOTES TO THE FINANCIAL STATEMENTS YEAR E14DE0 31 DECEMBER 2022 (continued) NOTE 5. MONEfARY GRANTS fcontlnued) The grants to instltutions were as follows: 2022 2021 Fund Orhei Church and soup kitchen Soup kitchens (Balti. Chiperceni and 8orceagl Summer camp5 Christmas children's activities Children's work at Hirtopul Chiperceni Church building work Raspuns Crestin for rehousing of poor families Taxes and legal fees for transfer of Gura Biculiu Centre to Raspun5 Crestin Repairs at Gurd Biculiu Centre Funeral expen5e5 Displaced Ukrainians Iwinnytsya and Kryvyl Rlh cltles) 2,014 I684 1.545 Moldova Moldova Moldova Moldova Moldova Moldova Moldova 11.198 1,828 337 11,539 169 1479 1382 Moldova Moldova Moldova Ukraine 3,276 16.262 40MI 3L248 NOTE 6. DONATED GOODS Donated goods have been included in donations received and gifts made. These goods have been included in the accounts at the valuations 8iven on the cargo rn3nrfests when the goods were shipped. 2022 2021 Value of donated goods 23.968 7,083 NOTE 7. TRusfEE'S REMUNERATION AND EXPENSES No remuneration directly or indirettly out of the fLEnds of the charity was paid or payable for the yearto anytru5tee or to any person or person5 known to be connerted with anyof them. Also, no remuneration ha5 been made in arbv previous year. Expenses of the charity of £1.72912021- £7181 were reimbursed to 212021- 21 tru5tee5 in the year. This includes £732 trovel and asSOClated expenses incurred by Hugh Scudder during hi5 Mission Trip5 to Moldova and Ukraine for the charity during 2022. The other expenses We for printin& IT. postage and stationery costs. The trustees a150 spend money on other Items wlthout seeking reimbursement. 13
CHRISTIAN RESPONSE- NOTES TO THE FINANCIAL sfATEMENTS YEAR ENDED 31 DECEMBER 2022 (continued) NOTE 8. REIATED PARTYTRANSAcfJoNS In additlon to the reimbursement of expen5 to thetrustees detsiled in note 7, there were donations to the charity totslling £1749 by 2 trustees and the wife of one of the trustees. NOTE 9. TANGIBLE FIXED ASSETS Equlpment cost Brought forward Dlsposal 265 12651 Carried forward Depreciation Brought foTward Disposals Charge for year 265 12651 Carried forward Net Book Value 31.12.2022 31.12.2021 All tangible fixed assets are held in the United Kingdom. NOTE 10. BANKAND CASH All bank accounts and cash balanS are held in the United Kingdom. 14
CHRISTIAN RESPOP45E- NOTES TO THE FINANCIALSTATEMErifs YEAR ENDED 31 DECEMBER 202Z {contlnued) NOTE 11. MOVEMENT IN FUNDS Current year Balance atl January 2022 Income Expenditure Transfets Balance at 31 December 2022 Unrestricted fvnds 63,201 17.814 564 80.451 Restrfrted fund5 Moldova Romania Ukraine 21.CK)I 137.284 621 139,674 124.948 621 133.740 33,337 5,934 21,001 277.579 2S9,309 39,327 Total fvnds 84,202 295,393 259A73 119.722 Prlor year Balance atl January 2021 Income Expendlture Trénsfeys Balance at 31 December 2021 Unrestricted funds 63.017 63,201 Restricted funds Moldova Romania Ukraine 32,827 94.001 222 105.827 222 21,001 3227 94.223 I[.049 21,001 Total fvnds 95 94,407 106,049 84,202 15
CHR15llAN RESPONSE- NOTES TO THE FINANCIAL ¥fATEMEpifs YEAR ENDED 31 DECEMBER 2022 (contlnued) NOTE 12. ASSETS BETWEEN FUNDS Currentyear Romania Funds 2022 Vkralne Funds Unrestrfcted 2022 Funds 2022 Moldova Funds 2022 Totsl 2022 Fixed assets Current assetS-. Cash at bank Debtors Creditors (duè wJthln I yearl 31.802 2.456 1921) 80.431 20 116,917 4176 113711 1.7(XJ 14501 33337 S.934 80,451 119,722 Prlor year Romanla Funds 2020 Ukraine Funds Unrestricted 2021 Funds ZOZI Moldova Fund5 2021 T¢)ts12021 Fixed assets Current assets Cash at bank Debtors Creditors Idue within I vearl 36.111 61,511 2.877 113711 97.622 2,877 14.655) 13.284) 31827 63J117 95 16