SANDWELL & DISTIUCT WEST INDIAN COMMUNITY ASSOCIATION
(A Company Limited by Guarantee)
FINANCIAL STATEMENTS
for the year to
31 March 2025
Company Number 3(J09502
Charlty Number 1072S23

SANDWELL & DISTRICT WEST tNDIAN COMMUNITY ASSOCIATION
(A Company Lth￿ted by Guarantee)
INDEX
31 March 2025
Page
INFORMATION
DIRECTORS REPORT
2to4
STATEMENT OF FINANCIAL ACTlVtTIES
BALANCE SHEET
NOTES TO THE FINANCIAL STATEMEf+rrs
7t012
INDEPEND￿ EXAMINERS REPORT
13

SANDWELL & DISTRI￿ WEST INDIAN COMMUNfrY ASSOCIATION
(A Company Limited by Guarantee)
INFORMATION as at
31 March 2025
DtRECTORS:
Mr N Davis ( Treasurer )
Mr Cecil Richards
Mr Mark Cameron
NURSERY MANAGER
ADMtN AND OFFICE MANAGER
Claire Badger
VioIet Coley
REGISTERED OFFICE:
69 Beeches Road
West Bromwich
West Midlands
B70 6HQ
COMPANY REGISTERED NUMBER:
3609502
CHARITY REGISTERED NUMBER:
1072523
BANKERS:
Lloyds Bank plc
University of Birmingham Branch
Arial Hou
2138 Coventy Rd
Birniingham B26 3JW
SOLICITORS:
Pearce I£gal
2 The Square
Solihull
West Midlands
B913SQ
INDEPENDENT EXAMtNER
G.P. Brookes FCA Bsc
Chartered Accountant
130 Wombourne Park
Wombourne
S Staffs
WV5 OLY
Page I

SANDWELL & DISTIUCT WEST INDIAN COMMUNITY ASSOCIATION
(A Company Llmlted by Guarantee)
31 March 2025
DtRECTORS REPORT
The Directors present their report and the financial ststements for the year ended 31 March 2025
Structure Governance and Management
Sandwell & District West Indian Community Associations a charitsble company limited by guarantee without having a
Share Capital. The board of directors usually meet quarterly. are responsible for the ultimate strategic decisions having
regard to advice from the Nursery Staff.
Trugteemir¢ctor Inductlon and tralnlng
New TrusteelDirectors are chosen by invitstion in order that the clwity may ILave ryresentation from a wide range of
agencies. We match our skill requirements with knowl¢dge and experi¢nce and wherc there are gaps we offer
appropriate training.
There are no specific policies and procedures for induction / training of directors.
However they are inducted according to individual requirements. Copies of the Compangs Memorandum and Articles
publicatio￿$ ar¢ suppIAed, along with the charitys polices and procedures and copies of recent board meeting minute8
and the latest Ofsted Report. Individual TnLStees rol&s and responsibilities arc n¢gotiated with all thc truste¢s so that
their roles complement each other.
ObJeetlve8 And Actlvltles
The principal actlvity of the Company remains to be the advancement of the Community Provision in the hTea of
Sandwell with tbe provision of facilities for the daily care, recreation and education of children under th¢ age of 8 whose
parents or guardians are resident in ￿d around the Sandwell area.
Achlevementj and Perfor￿￿nCe
During the year the nursery the staff and manaBetnenl team worked together to ensure that SADWICA maintained a
consistently high standard of Care that goes above and beyond the minimum requirements of the EYFS. TILis resulted in
another 'Good' Rating from Ofsted when the nursery was inspected in August 2025.
o Continued to be an approved Sandwell HAF (Holiday Activities & Food) provider. This fimding enabled us to deliver
free holiday playscheme places to 23 childr¢n per day (aged 4-7yrs) over the main ￿h0o1 holidays. Plans are still in
place ¢0 extend this free provision to cover the 3 half term holidays. Our Atmual Op¢n Day was held in August 2024
and resulted in 10 new startm in September.
o Ax)nual Sponsored Walk bcld at Dudley 7A)0 & Casde raised over £250
o Maintained statTing team and trained 2 childcare apprentices.
o As at 30103125 occupancy levels were at 610/0 and increasing steadily.
o Maintained our 515 Rating from Environmental Health (March 2024)
The nursery is cOMprehe￿81Ve1Y resourced with the most up to date educational r&80urces and staff have received the
most up to date training provided by the local Early Years & Childcare UniL covering topics sucb as Safeguarding.
Paediatric First Aid, FGM and Food Hygiene. All Staff r￿e Level 3 qualified or highcr. Screening has identified an
increase in children requiring speech and language support. The Wellcom¢ Screening helps us to screen their speech and
language skills and operates on a trdffic light system. Green - No Interventioo Amber- provide extra support. Red=
consider referral to Speech & Language Therapy. 800/0 of children identified as needing additional support made
improvement and moved from either Red to Amber or Amber to Green. Children with more Complex medical or
behavioural needs can get support through the Early Intervention Grant that can provide up to 15 hrs a week of I to I
support. 2 Ghildrcn ar¢ Gurrcntly iti rcG¢ipt of the Grant
Page 2

SANDWELL & DISTRICT WEST INDIAN Com￿[UNf￿ ASSOCIATION
(A Company Limited by Guarantee)
31 Mareh 2025
DIRECTORS REPORT
Future PlaD$
The organisation rernains committed to ongoing restrncturing efforts aimed at ensuring a more effective
ehildcare provision. As a result of these initiatives. the nursery successfully maintain¢d its Ofsted rdting of
GOOD following the inspection in August 2025. Retaining this rating is particularly important for Sadwic
iven the Incr￿4]ng competition within the local childcarc ￿tOr.
We remained committed to firfer strengthening of the Mana8em¢nt Committee which has tsken place
through the appointment of a new members and Parent Representatives. tn addition, we continued to submit
monitoring reports to Sandwell Council as requlred by our Service Level A￿ernent (SLA).
Funding from S8ndwell Council ended in Ma￿h 2025. so our primary objedive is to wure alternative sources
to bridge the funding gap. Th¢ management team is artively identifying and evaluating potential fijnders to
ensure aligDJnent with their Criteria. and fimding applications are being submitted regularly, Efforts are also
underway to enhance our online presen¢¢ and make best use of social media to promote our comprehensive
range of childcare services.
Given the 8u¢cess of our Holiday Activities & Food (HAF) programme, we are now seeking funding to extend
this provision to cover the three half-terni holidays. We remain committed to making tnaximum use of the
building and are looking at ways of providing complementary servi￿5 to parents during weekends such as
online training, walking groups, coffee mOrning￿warnI spaces, etc.
Finally, with the ￿dUal extension of free childcare entitlements for working Paren￿ we are optimistic that we
will attract sufficient enrolment to enable the nursery to become self-financing-fulfilling the organisation's
long-standin8 aim.
Slgnlflcant ¢ontrlbutlons of volunteers
Our volunteer base. is flourishin8 and local people are reaping the benefits of in-house training. We are Seeing
the benefits of spending more time involving volunteers at a committed level. Volunteers gained valuable
experience in the areas of rhildcare. food preparation. Business Admin and maintenance. Being able to provide
valuable experience to volunteers not just in the field of child¢are is something we hope to continue at this
level. We hav¢ trained 2 apprentices and employed l on a pernanent basis once they completed their
placement. We have also worked closely with local school$ and colleges to provide 15 students with both
short and long term work placements for those interested In childcare as a career.
FIDaDclal Revlew
This annual review compares with a previous 6 months period due to the reversion to the forni¢r March year
end accounting date . this is perniitted within the Companies Act. Very careful fmancial management has
resulted in a useful surylus of £14,021 (Cp £3.312 surplus) for the previous 6 months. With increased take up
of nursery places resulting in additional fee income a working surplus was achieved enabling the charity to
complete the HMRC PAYE underpayments programme due to recent loss making periods build up. The early
years support prowrne enables management to anticipate better the levels of income and therefore staff
retention and related costs required, however this has only just Started to translate into net profitability. It is
now hoped that the results via early years fimding levels. despite the cessation of the Local Authority statutory
grants. wont set the company back. It is appears that the vital manageable requirement of full cost recovery
basis for the day to day costs h&s been achieved this time after many years enabling th¢ tThstees and stsff team
to keep thi3 community provision in pl￿e. However the Directors. who are also the T￿￿Ces. plus
management team. deterniin¢d effort is still needed to continue overall going concern and solvency by seeking
additional external income to supplement this finely financial balanced service provision given the required
and increasing regulatory demands, its staffing costs . dIr￿t costs and ov¢rheads to ensure the medium and
long tenn future of this absolutely invaluable local communty facility.
Dirtttors
The Directors set out on page I have held olTi¢e for the whole of the 12 months to 31 March 2025 to the date
of th.is report unless otherwise stated.
Page 3

SANDWELL & DISTRICT WEST INDIAN COMMUNITY ASSOCIATION
(A Company Llmited by Guarantee)
31 March 2025
DIRECTORS REPORT (continued)
Reserves Policy
Currcntly the CoMpan￿S reserves represent restricted capital fimds received from various funders in
previous years.
Ideally the directors consider the following to be a basis for a cash backed designated reserve of
£20,000 that shoutd be set on one side for a possible winding up contingency ful￿.
Costs include senior staff r&lundancy (estimated at 3 months) £7.000. non set]ior staff redundancy (I
month) £14,000, overheads {approximately I month) £5,000.
Sadwica has not reached a trading or grant negotiating position to be able to build in a sufficient level
of surplus within its income stream and to achieve this goal.
Risk Management is an on going matter reassessed at trustees meetings. It is considered that the main
risL8 are related to current local market conditions and the resulting reduced occupancy levels together
with the general shortfall of grants to underpin a community provision like this in an economically
deprived area.
Dlrectors Responsibilities
Company Law required the Directors to prepare fuwicial statements for each financial period which
give a true and fair view of the state of the Company as at the end of the financial period and of th¢
income and expenditure of the Company for the year ended on that date. In preparing those fLnancial
statements, suitabl¢ accounting policie$ have been used, observed the methods and principles within
the Charities SORP 2019 (FRS 102) and to the best of the Directors knowledge and bclief, by
reference to reasonable and prudent judgments and estimates and appli￿ consistently. The Directors
are also required to indicate where the fu]ancial statements are prepared on the basis that the Company
is a going concern .
The Directors are responsible for ensuring that arrangements are made for keeping proper books of
account with respect to the Companvs transactions and its assets and liabilities and for maintaining a
satisfactory system of control over the Company's books of account and trarL8actions. The Directors
are also responsible for ensuring that arrangements are made to safeguard the assets of the Company
and hence for taking reasonable stq)s for the prevention and detection of fraud and other irregularities.
Approved by the Directors on d/fr........i.1- 2025
and sign
its behalf b
Director ( PRtNT NAME)......................
Page 4

SANDWELL & DISTRICT WEST INDIAN COMMUNITY ASSOCIATION
(A Company Llmlted by Guarantee)
Statement of Financial Activities ( illcludes summary of income and expenditure)
31 March 2025
Unrestrlcted Restricted
Funds
Funds
2025
2025
Total
Funds
2025
Total
Funds
2024
Notes
l Year
l Year
l Year
6 Months
Income
Charitable Activities
Community Day Nursery
L(Kal Authority SLA
Nursery f¢es
Holiday and events funding
Early tntervention grant
Donations
27,135
202,146
15,669
10,800
3,085
258,835
27,135
202,146
15,969
10,800
6,085
262,135
18,090
89.399
3,393
3,361
3,307
117,550
300
3,000
3,300
Investment Income
BaT￿ Interest
14
Total Income
258,846
3,300
262,146
117,564
Expenditure
Charitable Activities
Community Day Nursery
244,825
3,300
248,125
114,252
Total Expenditure
244,825
3,300
248,125
114,252
Net Income
14,021
14,021
3,312
Reeonclliation of funds
Total funds brought forward
(8,903)
112,996
104,093
100,781
Total funds carri¢d forward
5,118
112.996
118,114
104,093
This clwitable compangs income and expenditure all relate to contsnuiJ]g operations.
Page 5

SANDWELL & DISTRICT WEST INDIAN commuN￿y
(A Comp4ny LIn￿ted by Guvantee) nullther 3609502
BALANCE SHEET AS AT 31 March 2025
6 llY)nU
2024
No
2025
FIXED ASSETS
Tall￿￿le A88d8
114,877
115,347
114,877
115.347
CURREwf ASSETS
Ddjtors
Bank & Cash
Total
5,972
3,274
9,246
141
3.385
6,￿9
14,639
Withia One y
NET CURRENf ASSETS
3,237
(11,254)
NET ASSETS
118,114
104,093
Fundi
ReBtrlctsd Funds
Capital fillLd8
11
112,996
112,996
Unre8trfcted Fund•
11
5.118
(8,903)
TOTAL
118,114
104,093
The cryy was entitlal to aKatyAon from audit utxler 8477 of & C(Mw8nie8 A(# 2(X)6
relating to small conpanic8.
476 of the Conwanies Act 2￿6.
These aLT￿ntS have been preparal in accord￿ with the provisions applicable to 6nJall
(mwanics subje£t to the small Coupani￿ re￿e atsd in ac￿rda￿ with FRS102 azxl
Charitia SORP 2019.
Tlt
Sigtied and
val on the b&alf of the B(wd on 2025
ByName..
Pagc 6

SANDWELL & DISTIUCT WEST INDIAN cOM￿IUNITy ASSOCIATION
(A Company Li￿￿ted by Guarantee)
Notes to the Accounts
12 months to 31 March 2025
(l) Accounting Policies
a) Basis of accounting
The charity constitutes a public benefit entity as defined by FRS102. The fllknqncial statements have been
prepared in accordance with Accounting and Reporting by Clwities: Statement of Recommended Practice
(SORP) applicabl¢ to cl]aritics prcparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS102) second edition published October 2019, the
Charities Act 2011 the Companies Act 2006 and UK Generdlly Accepted Practice. The fmancial statements
haTr"e been prepared on a going concern basis under the historical cost convention modified to include certain
items at fair value. The fmancial statements are prepared in sterling which is hc functional currency of the
charity
b) Preparation of the accounts OD a going coneern basis
Based on the anticipated Government early years programme the directors consider that the company is still
a going concern.
c) Income recognitlon policies
Iter]s of income are reCo￿ls¢d and included in the accounts when all of the following criteria are met:
the charity has ¢ntitlement to the funds.
any perforn]ance conditions attached to the items of income have been met or are fully within the
control of th¢ charity;
there is sufficient certainty that receipt of the income is considered probable; and
the amount can be measured reliably,
d) Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measur¢d reliably by
the charity. this is nonnally upon notification of the interest paid or payable by the baDk.
(e) Expendlture and Liabilitles
Liablllty recognition
Liabilities are reeognised as soon as there is a legal or constructive obligation committing the charity to pay
out resources.
Governance costs
Include costs of the preparation and examination of ststutory accounts, any costs of trustec meetings and
cost of any legal advice to trustees on governance or constitutional matters.
Support Co$t$
Support ¢osts include central functions and have been allocated to activity cost categories on a basi$
consistent with the use of resources.
page 7

SANDWELL & DISTRICT WEST INDIAN COMMUNrrY ASSOCIATION
(A Company Llmited by Guarantee)
Notes to the accounts
31 Marclx 2025
(l) Accountlng Policies ( contd)
g) Fund accounting
Unrestricted funds are available to spend on activities that further any of the pU￿oseS of the charity.
Designated fiLnds are unrestricted funds of the charity which the directors have decided at their discretion
to set &side to use for a specific purpose. Rastricted fimds are donations wbich the donor has specified are
to be solely used for particular areas of the c]wity's work
h) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constnictive obligation to make a payment to a third
party, it is probable that settlement will be required and the amount of the obligation can be measured
reliably. brecov¢rable VAT is Charged as a cost against the activity for which the expcnditure was
incurred.
i) Allocatlon of support costs
All support costs have been divided between direct charitable expenditure and other expenditure. Within
these there is a further analysis of fiujctional support, fundraising, publicity and governance costs.
The costs incurred by any particular activity (project. team or administrative department) have been
allocated according to the nature, charitable or otherwise. of that activity.
J) Governance Costs
These include costs of the preparation and examination of statutory accounts, the costs of trustee meetings
and cost of any legal advice to trustees on governance or constitutional matters.
k) Taugible Fixed Assets
Individual fixed assets costing £1,000 or more are capitalised at cost and are depr￿Lated over their
estimated useful economie lives on a straight line basis as follows..
Equipment, fixtures and fittings
Depreciation rate 200/0 per annum Straight line
Nursery Refurbishment
Depreciation rate IOQ/o per annum Straight line
l) Credltors alld provlsions
Creditors and provisions are recognised at their settlement amount where the charity has a present
obligation resulting from a past event that will probably result in the transfer of funds to a third party and
th¢ amount due to settle the obligation can be measured or estimated reliably.
2025
2024
2 Governance
Independent Examiners Fees
Othy Professional Costs (less excess accruals)
Total Expenditure
1.995
1,995
1,995
1,995
Page 8

SANDWELL & DISTRICT WEST INDIAN COMMUNITY ASSOCIATION
(A Conu)Any Llmlted by Guarantee)
Notes to the accounts cont'd
31 March 2025
2025
6 n￿llth$ 2024
3. Direet cbArAtable
expellditure
3a Nursery Costs
Sataries & Wages
l95,664
92,260
Nursery direct expenditure:
Fwd & Water Cooler
Repairs and Maintenance
Cleaning & Hygiffle
Telq)hone & Postage
Heat & Light
Prin:ing & Stationery
Governance Costs
ItL8urance
Events/Activiti&Outings
Toys & R&8ources
HR support
Sundry Exps
Training
Rates and water costs
Sundry Transport
BaDk Charges
Advertising
Finance Services
Depreciation
IT Systen
Regulatory costs
8,812
8,601
3.268
5.564
7,592
1.828
3,(X)O
2,442
3,422
921
1,800
168
504
1,088
120
186
1,199
770
470
486
220
3.142
671
1,490
4,033
4,473
907
1,995
1.050
742
693
750
180
47
509
120
91
364
240
235
260
52,461
248,125
21,992
114,252
Total Expenditure
2025
2024
4. Net movement In funds for the year
Tbe Det nwvement In funds for the period is stated
after charging:
D¢pr￿latE0ll of tangible assets
Statutory Accounts Processing and Prq)aration arml
tnd4)endent Examination
470
235
3.000
1,995
Page 9

SANDWELL & DISTRICT WEST INDIAN COMMUNITY ASSOCIATION
(A Comp*ny Llmlted by Guarantee)
Notes to the accounts cont'd
31 March 2025
5. Stsff Costs and RPTI
No remuneration or expenses were paid to thc trnstees in the period
Sal2ry Costs
Social Security costs {aft¢r Employers NHI £ SK allowance
Ers Pension costs
2025
2024
191,7
715
3,159
195,664
88.580
2,242
1,438
92,260
The average weekly number of staff employed
by the charity during the period was as follows:
No employee received more than £60,000 in emoluments
13
13
6. Tangible rued assets for use by the Ch*rlty
2025
2024
Fnehold
Nuryery
Refmrblihmemt
Total
Total
Equlp
Fro￿rtY
Cost as at l October 2024
Cost as at 31 March 2025
59,523
59.523
112,994
112,994
274,348
274,348
446,865
446,865
442,165
446,865
Acc Depreciation as at l O¢tober 2023
Charge for the period
Acc Dep￿latIOn at 31 Ma￿h 2024
59,522
271,996
470
272,466
332,518
470
331,988
331283
235
331,518
59.522
Net book Value as at 31 March 2024
112,994
1.882
114,877
115,347
2025
2024
7. Debtorj
Trade Debtors
Prepayinents
3,000
2,972
5.972
1,995
1,249
3,244
8. Bank and Cash
Bank Accounts
3,274
3,274
141
141
9. Credltorj ( Amounts falllng due wlthln one year)
Accruals
Employee's Short terni loan
PAYE due (I month ,all previous yea
now paid )
3,000
1,420
1,995
500
1,589
6,009
12,144
14,639
Page 10

SANDWELL & DISTRICT WEST INDIAN COMMUNITY ASSOCIATION
(A Company Llmited by Guarantee)
Notes to the accounts cont'd
31 Mareh 2025
10. Taxation
The company is a registered charity and in the opinion of the directors no liability
to tax arises in respect of the period
I l. Fund Balances
Restricted
Funds
Unrestricted
Funds
Total
Funds
Fwids B/forward as at l October 2024
sU￿lUs for the period
Surplus ¢lforward as at 31 March 2025
I 12,996
(8,903)
14,021
5.118
104.093
14.021
118,114
112,996
Restrleted
Funds
Unrestrleted
Funds
Analysls of Net A88ets by Fund
Total Fund8
Fixed Assets
Net Current Assets
Net Assets
112,996
112,996
5,118
118,114
5,l18
5.118
112,996
12. Going Concern
Higher levels of overdraft are not available based on the security of the freehold premises which were funded
almost exclusively from the Communiiy Fund (now called the Big Lottery). At the time of reporting the charity
has recovered to maintain day to day viability. However the on going viability still remains precarious in the
current economic climate and producing a surplus to service working capital is still a challenge. The directors
continue to take steps and make various difficult decisions to attempt to keep the project afloat. It is planned that
the forthcoming periods will continue to produce surpluses to restore overall financtal viability.
13 Commltment under operatlng leases
Sadwica has annual commitments under non cancellabl¢ leases:
2025
Equlpment
2024
Equlpment
Operating lease payinents are as follows:
Within one year
2,500
2,500
The service contract payrnents are for phone equipment and syst¢m
Page 11

SANDWELL & DISTRICT WEST INDIAN COMMUNrrY ASSOCIATION
(A Company Limlted by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
31 Mareh 2025
13 Previous yeArs detailed funds Comparative SOFA
Statement of Flnancial Activities ( Ineludes sununary of income and expenditure)
31 March 2024
Unrestricted
Funds
2024
Restrlcted
Funds
2024
Total
Funds
2024
Notes
6 Months
6 months
6 moDths
Income
Charltable Actlvitles
Communlty Day Nursery
Local Authority SLA
Nursery fees
Holiday and events funding
Early Intervention ￿ant
Donations
18,090
89,399
18,090
89,399
3,393
3.361
3.307
117.550
3.393
3,361
1.995
8,749
1,312
108.801
Investment Income
Bank Interest
14
14
Total Income
108,815
8,749
117,564
Expendlture
Charltable Actlvltles
Community Day Nursery
105.503
8.749
114,252
Total Expendlture
105,503
8.749
14,252
Net Income
3,312
3,312
ReconclliAtlon of funds
Total funds brought forward
(12.215)
112.996
100,781
Total funds carried forward
{8.903)
112,996
104,093
Page 12

SANDWELL & DISTIUCT WEST INDIAN COMMUNITY ASSOCIATION
31 March 2025
Independent Examiners Report to the Trustees of SAThDWELL & DISTRICT WEST INDIAN
COMMUNITY ASSOCIATION
I report to the charity ln￿te¢S on my examination of the accounts of the company for the year ended 31 March
2025 which is set out on pages 5 to 12.
Responsibilities and bus￿ ofreport
As the charity trusttts of the company (who are treat¢d as director5 for the purposes of the company law) you are
responsiblc for the preparation of the accounts in accordance with th¢ requirements of the Companies Act 2006 (
The 2006 Act, )
Having satisfied myself that the accounts of the company are not required under Part 16 of the 2006 Act and are
eligible for independent examination , I report in reSp￿t of my exatnination of your companys accounts as
carried out under section 145 of the Charities Act 2011. In ca￿ing out my examination I have followed the
Directions given by the Charity Commission under section 145 (5) (b) of the 201 l Act
Independent Examiner's Statement
I have completed my examination . I confirn] that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect .
(i)
accounting records were not kept in respect of the company as required by section 386 of the 2006
Act, or
the accounts do not accord with those records: or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that he accounts give a Irue and fair view ' which is not a matter considered
as part of an independent examination ;or
the accounts have not been prepared in accordanc¢ 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 treland ( FRS102).
(2)
(3)
(4)
I hai'e 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 accounts to ￿ reached.
Signed
2025
Gary Peter Brookes
Fellow of Thc tnstitute of Chartcrcd Accountants of England and Wales
130 Wombournc Park
Wombourne
South Staffs
WV5 OLY
Page 13