## **Contact 88** ## **Charity No. 1072066** **Company No. 03636811** **Trustees' Report and Unaudited Accounts** **30 June 2024** **Contact 88 Contents** ||Pages| |---|---| |Trustees' Annual Report|2 to 6| |Independent Examiner's Report|7| |Statement of Financial Activities|8| |Summary Income and Expenditure Account|9| |Balance Sheet|10| |Notes to the Accounts|11 to 17| |Detailed Statement of Financial Activities|18 to 19| Page 1 **Contact 88 Trustees Annual Report** The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 30 June 2024. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Company No. 03636811** ## **Charity No. 1072066** ## **Registered Office** Tozer Way Chichester West Sussex PO19 7LG ## **Directors and Trustees** The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year: R.P. Boyce J. Horne (Appointed 13 November 2023) M.J. Lewis P. McCallum R. Nallan J. O'Brennan M.L. Smith (Resigned 13 November 2023) N.H. Smith L.C. Tebb A. Williams ## **Key Management Personnel** Chair Mr R P Boyce Vehicle manager Mr M J Lewis Operations manager Mr P McCallum ## **Independent Examiner** Robert Morrison Chinthurst, June Lane Midhurst West Sussex GU29 9EW ## **Bankers** Barclays Bank plc 74/75 East Street Page 2 **Contact 88 Trustees Annual Report** Chichester West Sussex PO19 1HR ## **Investment Advisors** Tilney Bestinvest Royal Liver Building Pier Head Liverpool L3 1NY ## **OBJECTIVES AND ACTIVITIES** The object of the Charity is to provide mobility and social contact for elderly and disabled people in Chichester and the surrounding area through the provision of transport. The aims for the current year were: - - To maintain the two vehicles in operation in a roadworthy condition. - To offer outings and transport to a high standard of safety and reliability, and restore charitable activity towards annual levels achieved before the Coronavirus pandemic of 2020/21. - To sustain a sound financial position. ## Public benefit:- The trustees have given due regard to the Charity Commission's published guidance concerning public benefit. Although the Charity operates in a limited geographical area its services are available to all those in the area. The provision of assisted transport for the elderly and disabled is a much-appreciated public benefit. ## **ACHIEVEMENTS AND PERFORMANCE** ## Charitable activities: - Regular outings and shopping trips have been organised but current levels are still below pre pandemic levels but are heading towards previous levels of activity, that said more drivers are required before Contact 88 can return to levels achieved pre pandemic. In total 1,940 passenger journeys were delivered, covering a total of 8,283 passenger miles. Included in the total are 67 passengers with wheelchairs. Generous grants and donations were received from the WSCC, local charitable trusts and individuals. These helped the charity to cover fixed costs to a considerable extent and to maintain passenger contributions at a level affordable by all clients. Significant donations also allowed the charity to replace one of its ageing vehicles and it is hoped that funds will allow the second vehicle now 10 years old to be replaced in the next financial year. Page 3 **Contact 88 Trustees Annual Report** ## **FINANCIAL REVIEW** ## Investment powers and performance: - The trustees have power to expend the funds of the Charity in such manner as they shall consider to be most beneficial for the achievement of the Charity's objectives. The trustees can invest, in the name of the Charity, such part of the funds as they may see fit and to direct the sale or transposition of any such investment, and to expend the proceeds of any such sale in the furtherance of the objects of the Charity. A further £7,300 of the former CAF investments was re-invested in Bestinvest during the period. Total investments in Bestinvest funds at year end were £126,755 with £987 in the cash account. Income received from Bestinvest totalled £3,017 after deduction of management charges and cash withdrawals of £3,100 were made during the period. The closing balance in the bank savings account was £42,124. Bank interest received was £965, as compared with £300 the previous year. ## Reserves: - The Charity holds a Vehicle Replacement Fund to provide for the simultaneous replacement of both vehicles currently in service. It will continue its policy of making transfers to this fund of amounts equal to the annual vehicle depreciation provision from otherwise undesignated resources. An additional Asset Replacement Fund takes into account rising vehicle prices and vehicle improvements to enhance future standards of service. Undesignated resources may be transferred to this fund from time to time at the discretion of the Trustees who must also approve transfers out for the purpose of vehicle or other fixed asset replacement. At the yearend £31,577 was held in the Vehicle Replacement Fund (2023: £54,723) and £14,000 in the Asset Replacement Fund, unchanged from 2023. The Charity needs to hold sufficient readily realisable unrestricted and undesignated funds to ensure it is able to meet its operational commitments and to ensure there are resources available to meet any substantial vehicle repair costs. In the opinion of the Trustees the minimum level should be equal to at least six months charitable expenditure in a normal year (£12,000). The Trustees will continue to seek to retain this fund at the required level to ensure the ongoing security of the services offered. Under Clause 34 of its Memorandum and Articles of Association the Charity maintains an Endowment Fund to support the subsidised cost of transport. Capital can be withdrawn only in dire emergency and any withdrawal requires the approval of not less than 75% of the votes cast at a meeting of the Executive Committee of which 14 clear days’ notice has been given stating the intention to propose this resolution. Under Clause 34 surplus income may be invested in the Endowment Fund. ## Financial review and results: - The valuable contribution by the volunteer drivers and assistants continues to help the Charity to contain its costs. The net profit before unrealised profits on investments was £25,550 as compared with a net profit of £3,250 in 2023. Page 4 **Contact 88 Trustees Annual Report** ## **PLANS FOR FUTURE PERIODS** The Charity will continue to offer transport for the elderly and disabled. With its vehicles it will offer the maximum possible level of service with a view to restoring pre-pandemic activity levels as soon as possible. Restricted use of the existing vehicles throughout the pandemic has meant that they have been retained beyond their usual seven-year life. In considering the optimum time for their replacement, the charity will also examine opportunities for improvement of comfort, economy and environmental considerations. The Trustees of the Charity agreed to the purchase of one vehicle in January 2024. Although keen to adopt a vehicle that is better for the environment the cost of electric vehicles at this time is prohibitive so the specification for the vehicle is similar to previous models purchased. In the long term the purchase of replacement vehicles and improvements in comfort and safety will be financed by the Replacement Vehicle Fund and Asset Replacement Fund. The Trustees regard this as good husbandry of the resources. For the foreseeable future however, grants will still be sought from external sources to enable fares and charges to be maintained at levels affordable by all clients of the Charity. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## Governing document: - Contact 88 is a company limited by guarantee, registration number 3636811, and a registered charity, registration number 1072066. It was incorporated on 23 September 1998. The Charity is governed by the Memorandum and Articles of Association. ## Organisational structure: - The Charity is based at Tozer Way, Chichester, West Sussex and is staffed by volunteers and one part-time employee. Appointment, induction and training of new trustees: - The Trustees are appointed and retire by rotation in accordance with the Memorandum and Articles of Association. Upon appointment Trustees are given full induction on the activities of the Charity. ## Chain of management decisions and application: - Major decisions are made by consensus between the Trustees, usually at Executive Committee Meetings five times a year. In between times, informal consultation takes place and ad hoc meetings can be quickly held. Day-to-day running is in the hands of the Operations Manager, the Vehicle Manager and the Office Administrator, who consult with the Chairman and other trustees as necessary. The Charity being small, the application of decisions is made by all parties keeping in regular contact. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102). Page 5 **Contact 88 Trustees Annual Report** Signed on behalf of the board R.P. Boyce Trustee 14 October 2024 Page 6 **Contact 88 Independent Examiners Report** ## **Independent Examiner's Report to the trustees of Contact 88** I report to the charity trustees on my examination of the financial statements of Contact 88 for the year ended 30 June 2024. ## **Responsibilities and basis of report** As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe: - accounting records were not kept in accordance with section 386 of the 2006 Act ; or - the financial statements do not accord with those records; or - the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or - the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Robert Morrison Chartered Accountant Chinthurst, June Lane Midhurst West Sussex GU29 9EW 24 October 2024 Page 7 ## **Contact 88 Statement of Financial Activities** ## **for the year ended 30 June 2024** |**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
Charitable activities
4
Investments
5
Other
6
**Total**
**Expenditure on:**
Raising funds
7
Charitable activities
8
Other
9
**Total**
Net gains on investments
**Net income**
10
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
18,709
16,492
4,312
200|**Endowment**
**funds**
**2024**
**£**
-
-
-
-|**Total funds**
**2024**
**£**
18,709
16,492
4,312
200|**Total funds**
**2023**
**£**
9,898
13,852
2,483
-| |---|---|---|---|---| ||39,713
326
23,031
(9,194)|-
-
-
-|39,713
326
23,031
(9,194)|26,233
248
21,206
1,529| ||14,163
-|-
5,748|14,163
5,748|22,983
1,438| ||25,550
-|5,748
-|31,298
-|4,688
-| ||25,550|5,748|31,298|4,688| ||25,550
88,585|5,748
124,076|31,298
212,661|4,688
207,973| ||114,135|129,824|243,959|212,661| Page 8 **Contact 88 Summary Income and Expenditure Account** ## **for the year ended 30 June 2024** |Income
Interest and investment income
**Gross income for the year**
Expenditure
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2024**
**£**
35,401
4,312
39,713
23,357
(9,194)
14,163
25,550
25,550|**2023**
**£**
23,750
2,483| |---|---|---| |||26,233| |||21,454
1,529| |||22,983| |||3,250| |||3,250| Page 9 **Contact 88 Balance Sheet** ## **at 30 June 2024** |**Company No.**
**03636811**
**Notes**
**2024**
**£**
**Fixed assets**
Tangible assets
13
54,996
Investments
14
126,755
181,751
**Current assets**
Debtors
15
5,238
Cash at bank and in hand
57,748
62,986
**Creditors:**Amount falling due within one year
16
(778)
**Net current assets**
62,208
**Total assets less current liabilities**
243,959
**Net assets excluding pension asset or liability**
243,959
**Total net assets**
243,959
**The funds of the charity**
**Endownment funds**
17
Endowment funds
129,824
129,824
**Unrestricted funds**
17
General funds
13,562
Designated funds
100,573
114,135
**Total funds**
243,959|**2023**
**£**
5,717
113,707| |---|---| ||119,424
1,815
92,701| ||94,516
(1,279)| ||93,237
212,661| ||212,661| ||212,661| ||124,076| ||124,076
14,145
74,440| ||88,585| ||212,661| These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. For the year ended 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 14 October 2024 And signed on its behalf by: R.P. Boyce Trustee 14 October 2024 Page 10 **Contact 88 Notes to the Accounts** ## **for the year ended 30 June 2024** - 1 **Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with 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 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **Change in basis of accounting or to previous accounts** There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. ## **Fund accounting** Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. The vehicle replacement fund represents the value of the depreciated element of the vehicle held as fixed assets. The asset replacement fund, the establishment of which was approved by the Trustees in March 2017, represents the provision for increases in vehicle prices and costs of vehicle comfort and safety improvements beyond the provision in the vehicle replacement fund. Allocations of unrestricted income are made by the Trustees as and when they seem prudent. The endowment fund is expendable. Allocations of unrestricted income are made annually by the Trustees as they see fit. Income earned each year is used to defray the operating costs. Any surplus income is reinvested in the endowment. Under certain circumstances capital may be withdrawn. - Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Page 11 **Contact 88 Notes to the Accounts** ## **Income** - Recognition of Income is included in the Statement of Financial Activities (SoFA) when the income charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. - Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in legacies the the SoFA when receivable and only when the Charity has unconditional entitlement to the income. - Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. - Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market revaluation of fixed value at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets ## **Expenditure** - Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates. - Expenditure on These comprise the costs associated with attracting voluntary income, raising funds fundraising trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities charitable activities and services in the furtherance of its objects, including the making of grants and governance costs. - Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. - Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. - Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. Page 12 **Contact 88 Notes to the Accounts** ## **Tangible fixed assets and depreciation** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: in accordance with the Leasehold property lease Equipment 25% on reducing balance Minibuses 25% on reducing balance ## 2 **Company status** The company is a private company limited by guarantee and consequently does not have share capital. ## 3 **Income from donations and legacies** |3
**Income from donations and legacies**|||| |---|---|---|---| |Donations from trusts and
individuals
Bus Service Operators Grant
Other Grants
Gift Aid
4
**Income from charitable activities**
Income from Usage: C88
Outings
Income from Usage: Other
Users
Gala Day
Miscellaneous Income
5
**Income from investments**
Bank Interest Earned
Bestinvest Investment
Income|**Unrestricted**
**£**
14,438
761
1,500
2,010
18,709
**Unrestricted**
**£**
10,836
5,559
82
15
16,492
**Unrestricted**
**£**
969
3,343
4,312|**Total**
**2024**
**£**
14,438
761
1,500
2,010
18,709
**Total**
**2024**
**£**
10,836
5,559
82
15
16,492
**Total**
**2024**
**£**
969
3,343
4,312|**Total**
**2023**
**£**
6,222
1,005
1,900
771| ||||9,898| ||||**Total**
**2023**
**£**
9,339
4,513
-
-| ||||13,852| ||||**Total**
**2023**
**£**
300
2,183| ||||2,483| Page 13 **Contact 88 Notes to the Accounts** - 6 **Other income** |Bank Compensation
7
**Expenditure on raising funds**
_Investment management_
_costs_
Bestinvest Investment
Income
8
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Income from Usage: C88
Outings
_Governance costs_
Independent Examination
Fee
Governance Costs
Trustees Meetings
9
**Other expenditure**
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
10 **Net income before transfers**
This is stated after charging:
Depreciation of owned fixed assets|**Unrestricted**
**£**
200
200|**Total**
**2024**
**£**
200
200|**Total**
**2023**
**£**
-| |---|---|---|---| ||||-| ||||| ||**Unrestricted**
**£**
326
326
**Unrestricted**
**£**
22,850
60
13
108
23,031
**Unrestricted**
**£**
(9,194)
(9,194)
**2024**
**£**
4,490|**Total**
**2024**
**£**
326
326
**Total**
**2024**
**£**
22,850
60
13
108
23,031
**Total**
**2024**
**£**
(9,194)
(9,194)|**Total**
**2023**
**£**
248| ||||248| ||||**Total**
**2023**
**£**
19,911
1,200
13
82| ||||21,206| ||||**Total**
**2023**
**£**
1,529| ||||1,529| ||||**2023**
**£**
1,529| Page 14 **Contact 88 Notes to the Accounts** ## 11 **Trustee remuneration and expenses** None of the trustees have been paid any remuneration in the current or prior periods None of the trustees has been paid expenses in the current or prior periods. ||**2024**|**2023**| |---|---|---| ||**Number**|**Number**| ||**£**|**£**| |Total expenses reimbursed to trustees|0|0| ## 12 **Staff costs** No employees received emoluments in excess of £60,000. The average monthly number of full time equivalent employees during the year was as follows: |Charitable
13 **Tangible fixed assets**
**Cost or revaluation**
At 1 July 2023
Additions
Disposals
At 30 June 2024
**Depreciation and**
**impairment**
At 1 July 2023
Depreciation charge for the
year
Disposals
At 30 June 2024
**Net book values**
At 30 June 2024
At 30 June 2023|**Land and**
**buildings**
**£**
1,900
-
-
1,900
654
38
-
692
1,208
1,246|**2024**
**Number**
1
1
**Equipment**
**£**
714
-
-
714
714
-
-
714
-
-|**Minibuses**
**£**
59,560
55,585
(29,780)
85,365
55,089
4,452
(27,964)
31,577
53,788
4,471|**2023**
**Number**
1| |---|---|---|---|---| |||||1| |||||**Total**
**£**
62,174
55,585
(29,780)| |||||87,979| |||||56,457
4,490
(27,964)| |||||32,983| |||||54,996| |||||5,717| Page 15 **Contact 88 Notes to the Accounts** ## 14 **Investments** |**Cost or revaluation**
At 1 July 2023
Additions
Revaluation
At 30 June 2024
**Net book values**
At 30 June 2024
At 30 June 2023
15 **Debtors**
Trade debtors
Prepayments and accrued income
16 **Creditors:**
amounts falling due within one year
Trade creditors
Other taxes and social security
Accruals
Deferred income|**2024**
**£**
279
4,959
5,238
**2024**
**£**
-
15
124
639
778|**Other**
**investments -**
**Listed**
**£**
113,707
7,300
5,748
126,755
126,755
113,707|**Total**
**£**
113,707
7,300
5,748| |---|---|---|---| ||||126,755| ||||126,755| ||||113,707| ||||**2023**
**£**
60
1,755| ||||1,815| ||||**2023**
**£**
138
-
1,141
-| ||||1,279| Page 16 **Contact 88 Notes to the Accounts** ## 17 **Movement in funds** |17 **Movement in funds**|||||| |---|---|---|---|---|---| ||**At 1 July**
**2023**
124,076
124,076
14,145
5,717
54,723
14,000
74,440
212,661|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
5,748
5,748
39,713
-
-
-
-
45,461|**Resources**
**expended**
**£**|**Gross**
**transfers**
**£**
-
-
(26,133)
49,279
(23,146)
-
26,133
-|**At 30 June**
**2024**
**£**
129,824| |**Endowment funds:**
Endowment Fund
_Total_
**Unrestricted funds:**
**General funds**
**Designated funds:**
Fixed Assets Fund
Replacement Vehicle Fund
Asset Replacement Fund
_Total_
**Total funds**|||||| ||||-||| ||||-
(14,163)
-
-
-
-
(14,163)||| ||||||129,824| ||||||13,562
54,996
31,577
14,000| ||||||100,573| ||||||| ||||||243,959| ## 18 **Related party disclosures** ## _**Controlling party**_ The company is limited by guarantee and has no share capital; thus no single party controls the company. Page 17 **Contact 88 Detailed Statement of Financial Activities** ## **for the year ended 30 June 2024** |**Income and endowments from:**
Donations and legacies
Donations from trusts and
individuals
Bus Service Operators Grant
Other Grants
Gift Aid
Charitable activities
Income from Usage: C88 Outings
Income from Usage: Other Users
Gala Day
Miscellaneous Income
Investments
Bank Interest Earned
Bestinvest Investment Income
Other
Bank Compensation
**Total income and endowments**
**Expenditure on:**
Investment management costs
Bestinvest Investment Income
**Total of expenditure on raising**
**funds**
Charitable activities
Income from Usage: C88 Outings
Governance costs
Independent Examination Fee
Governance Costs
Trustees Meetings
**Total of expenditure on charitable**
**activities**|**Unrestricted**
**funds**
**2024**
**£**
14,438
761
1,500
2,010
18,709
10,836
5,559
82
15
16,492
969
3,343
4,312
200
200
39,713
326
326
326
22,850
22,850
60
13
108
181
23,031|**Endowment**
**funds**
**2024**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total funds**
**2024**
**£**
14,438
761
1,500
2,010
18,709
10,836
5,559
82
15
16,492
969
3,343
4,312
200
200
39,713
326
326
326
22,850
22,850
60
13
108
181
23,031|**Total funds**
**2023**
**£**
6,222
1,005
1,900
771| |---|---|---|---|---| |||||9,898| |||||9,339
4,513
-
-| |||||13,852| |||||300
2,183| |||||2,483| |||||-| |||||-| |||||26,233
248| |||||248| |||||248
19,911| |||||19,911| |||||1,200
13
82| |||||1,295| |||||21,206| Page 18 ## **Contact 88** ## **Detailed Statement of Financial Activities** |General administrative costs,
including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of Equipment
Depreciation of Minibuses
Profit on disposal of tangible
fixed assets
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|38
-
4,452
(13,684)
(9,194)
(9,194)
14,163
-
25,550
25,550
-
25,550
88,585
114,135|-
-
-
-
-
-
-
5,748
5,748
5,748
-
5,748
124,076
129,824|38
-
4,452
(13,684)
(9,194)
(9,194)
14,163
5,748
31,298
31,298
-
31,298
212,661
243,959|38
-
1,491
-| |---|---|---|---|---| |||||1,529| |||||1,529| |||||22,983
1,438| |||||4,688| |||||4,688
-| |||||4,688| |||||207,973| |||||212,661| Page 19