OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

Report of the Trustees 1-3
independent
Examiner's
Report
Statement
of financial		 activities (including summary income and expenditure account) 5
Balance Sheet
Notes to the Financial Statements 7-28

Prepared
in accordance
with FRS102SORP		 Prepared
in accordance
with FRS102SORP		 Prepared
in accordance
with FRS102SORP		 Prepared
in accordance
with FRS102SORP		 Page
Section A Statement offinancial activities (including summary income and expenditure account)
Section B Balance Sheet as at 31 March 2021
Section C Notes:
Basis ofpreparation
Accounting
policies:
2.1 -Reconciliation
with Previous		 Generally Accepted Accounting Practice Not applicable
2.2to 2.4 -Accounting
policies on Income, Expenditure		 & Liabilities, Assets 9-10
Income
Analysis ofreceipts ofgovernment grants Not applicable
Donated goods, facilities and services 13
Expenditure 14
Extraordinary
items		 Not applicable
Funds received as agent Not applicable
Support Costs analysis Not applicable
10 Details ofcertain types ofexpenditure 15
Paid employees 16
12 . Defined contribution
pension scheme
defined contribution
scheme.		 or defined benefit scheme accounted for as a 17
13 Grantmaking Not applicable
14 Tangible fixed assets 18
15 Intangible assets Not applicable
16 Heritage assets Not applicable
17 Investment
assets		 Not applicable
18 Stocks Not applicable
19 Debtors and prepayments 19
20 Creditors and accruals 20
21 Provisions
for liabilities
and charges
22 Other disclosures
for debtors,		 creditors and other basic financial instruments Not applicable
23 Contingent
liabilities and contingent		 assets Not applicable
24 Cash at bank and in hand 22
25 Fair value ofassets and liabilities 23
26 Events after the end ofthe reporting period Not applicable
27 Charity funds:
27.1 -Details ofmaterial
funds held		 and movements during the CURRENT reporting period 24
27.2 -Details ofmaterial
funds held		 and movements during the PREVIOUS reporting period 25
28 Transactions
with trustees
and		 related parties 26
29 Additional
Disclosures		 Not applicable
Unused 27-28
PortsmouthAbuse PortsmouthAbuse PortsmouthAbuse &Rape Counselling &Rape Counselling charity No No 1079950
Service PARCS Company Na 3643599
Annual accounts for the erlod
Period start date 01-A r-20 Per)ad end
date		 31-Mar-21
~ ~ ~ ~ ~
Restricted
Unrestricted Income Endowment Prior year
Recommended categories by activity funds funds funds Total funds funds
E E
Income (Note 3)
income and endowments from:
Donsllrxa
and legedas
13,982 13,982 34,393
Charitable activities 507,916 507,916 439,904
Other trading activities 6,495 6,495 736
Investments 81 81 352
Separate material
Item		 ofIncone
Odor
Total 20,558 507,916 528,474 475,385
Expenditure
(Notes		 8)
Expenditure
an:
Raising funds 9,133 10,202 19,335 12,825
Chsritsbie activities 36,533 499,904 536,437 459,369
Sepsrste materiel
expense item
Total 45,666 510,106 555,772 472, 194
Net income/(expenditure) before tax for the reporting period 25,108 2,190 27,298 3,191
Tex payable
Net income/(expenditure) after tax before investment 25,108 2,190 27,298 3,191
Net gains/(losses)
on investments
Net income/(expenditure) 25,108 (2,190 27,298 3,191
Extraordinary items
Transfers between funds
Other recognised gains/(losses):
Gains and losses on revaluation ofRxed assets fcr the charity's own use
Other gens/(tosses)
Nat movementin funds 25,108 2,190 27,298 3,191
Reconciliation of funds:
Total furds brought forward 247,434 2,190 249,624 246,433
Total funds camed forward 222,326 222,326 249,624
~
~
~
Note 2 Accounting
policies
2.2 INCOME
Recognitlon of income These are induded
in the Statement
of Financial Activities (SoFA)when:
~
the charily becomes entitled to the resources;
~
it is more likely than not that the trustees
will receive the resources;		 Yes* No N/a'
~
the monetary
value can be measured
with sufficient
reliabiTity.
Yes' No' N/a
Offsetting There has been no offsetting
ofassets and liabilities, or income and expenses,
unless
required
or permitted
by the FRS 102 SORP or FRS 102.
Grants and donations Grants and donations
are only induded
in the SoFA when
the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).		 Yes* No' N/a*
In the case of performance
related grants,
income
must only be recognised		 to the extent Yes* No N/a'
that the charity has provided
the specified goods or services as entitlement		 to the grant
only occurs when the performance
related
conditions are met (5.16FRS 102 SORP).
Legacies are induded
in the SOFA when receipt is probable,
that is, when		 there has been Yes No N/a
Legacies grant of probate,
the executors have established
that there are sufficient assets
in the
estate and anv conditions
attached
to the leoacv are either within
the control of the charitv
Yes* No N/a'
Government grants The charity has received
government
grants
in the reporting
period
Gift Aid receivable
is induded
in income when there
is a valid derriaration
from the donor.		 Yes No' N/a'
Tax reclaims on donations Any Gift Aid amount
recovered
on a donation
is considered
to be part ofthat gift and		 is
and gifts treated as an addition
to the same fund as the initial donation
unless the donor or the		 v'
terms of the aooeal have soeciTied otherwise.
Contractual income and This is only induded
in the SoFA once the charity has provided
the related		 goods or Yes' No' N/a
performance related grants senrices or met the performance
related conditions.
Donated goods Donated goods are measured
at fair value (the amount
for which the asset
exchanged)
unless impractical
to do so.		 could be Yes* No' N/a*
The cost of any stock ofgoods donated
for distributio
to beneficiaries
is deemed
to		 be the Yes' No' N/a
fair value of those gifts at the time of their receipt and they are recognised on receipt. In
the reporting
period
in which the stocks are distributed,
they are recognised		 as an expense
at the canying
amount ofthe stocks at distribution.
Yes* No* N/a*
Donated goods for resale are measured
at fair value on initial recognition,
which
isthe
expected proceeds
from sale less the expected costs of sale, and recognised
in 'Income
from other trading
activities'
with the conesponding
stock recognised
in Ihe		 balance sheet.
On its sale the value of stock is charged
against 'income
from other trading		 activities' and
the proceeds
from sale are also recognised as 'Income from other trading
activities'.
Goods donated
for on-going
use by the charity are recognised as tangible		 fixed assets and Yes* No N/a
included
in the SoFA as incoming
resources when receivable.
Yes* No' N/a'
Gifts in kind for use by the charity are induded
in the SoFA as income from		 donations when
receivable.
Donated services and Donated services and facilities are included
in the SOFA when received at		 the value of the Yes* No* N/a
facilities gift to the charity provided
the value of the gift can be measured
reliably.
with an equivalent
amount
recognised
as an expense
under the appropriate		 heading in the Yes No N/a
SOFA.
Yes* No' N/a'
Support costs The charity has incurred
expenditure
on support costs.
Volunteer help The value of any voluntary
help received
is not included
in the accounts but is described
the trustees'
annual
report.		 in Yes' No'
v'		 N/a'
Income from interest, This is induded
in the accounts
when
receipt is probable
and the amount
receivable can		 be Yes* No N/a
royalties and dividends measured
reliably.
Income from membership Membership
subsaiptions
received
in the nature of a gift are recognised
in		 Donations and Yes* No' N/a'
subscripffons I egacies. v'
Membemhip
subsalptions
which gives a member the right to buy services or other benefits		 Yes* No' N/a'
are recognised as income earned
from the pmvision
ofgoods and services		 as income from
charitable
activities.
Settlement
claims		 of insurance Insurance
claims are only included
in the SoFA when the general
income recognition
are met (5.10to 5.12FRS102 SORP) and are included as an item of other income
in
SoFA.		 alteria
the		 Yes* No* N/a*
Investment gains and This includes sny realised or unrealised
gains or losses on the sale of investments
and		 any Yes* No* N/a'
losses gain or loss resulting
from revaluing
investmsnts
to market value at the end		 of the year.
10
2.3 EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised
where
it is more
likely than not that there is a legal or constructive		 Yes' No N/a'
obligation
committing
the charity to pay out resources and the amount of the obligation		 can
Governance and support Support costs have been allocated between
governance
costs and other support.		 Yes* No N/a'
costs Governance
costs comprise
all costs involving
public accountabiTNy
of the charity and		 its
compliance
with regulation
and good practice.
Support costs indude
central functions
and have been allocated
to adivity cost categories		 Yes* No' N/a
on a basis consistent
with the use of resources, eg allocating
property costs by fioor		 areas,
or per capita, staff costs by the time spent and other costs by their usage.
Grants with performance Where the charity gives a grant with conditions
for its payment
being a speciTic level of
conditions service or output
to be provided,
such grants are only recognised
in the SoFA once the		 Yes' No' N/a
recipient of the grant has provided
lhe specified service or ouiput.
Grants payable without Where there are no conditions
attaching
to the grant that enables the donor charity to		 Yes'
Yes'		 No N/a
performance conditions realistically
avoid the commitment,
a liability for the full funding
obligation
must be
recoqnised.
Redundancy cost The charity made no redundancy
payments
during
the reporting
period.		 Yes' No* N/a'
Deferred income No material
item ofdeferred
income has been included
in the accounts.		 Yes' No* N/a*
Creditors The charity has creditors
which are measured
at settlement
amounts
less any trade
discounts		 No' Nla'
Yes* No' N/a
Provisions for liabilities A liability is measured
on recognition
at its historical cost and then subsequently
measured
at the best estimate of the amount
required
to settle the obligation
at the reporting
date		 v'
The charity accounts for basic financial
instruments
on initial recognition
as per paragraph		 Yes No' N/a'
Basic financial instruments 10.7 FRS102SORP. Subsequent
measurement
is as per paragraphs
11.17 to 11.19,
FRS102 SORP.
2.4ASSETS
Tangible fixed assets for These are capitalised
if they can be used for mors than one year, and cost at least
use by charity They are valued
at cost.		 Yes' No* N/a
The depreciation
rates and methods
used are disclosed
in note 14.
The charity has intangible
fixed assets, that is. non-monetary
assets that do not have
Intangible fixed assets physical substance
but are identifiable
and are controlled
by the charity through
custody		 or Yes* No' N/a*
legal rights.
The amortisation
rates and methods
used are disclosed
in note 15.
They are valued
at cost.		 Yes' No' N/a.
Heritage assets The charity has heritage assets, that is, nonvnonetary
assets with historic, artistic, scientific,
technological,
geophysical
or environmental
qualities
that are held
and maintained		 Yes* No'
Yes* No N/a
They are valued
at cost.
Fixed asset investments
in quoted shares, traded
bonds and similar investments
are		 valued Yes' No N/a
Investments at initially at cost and subsequently
at fair value (their market value) al the year end.
The
same treatment
is applied
to unlisted
investments
unless fair value cannot be measured
reliably
in which case it is measured
at cost less impairment.
Investments
held for resale or pending
their sale and cash and cash equivalents
with		 a Yes' No' N/a
maturity
date of less than
1 year are treated as cunent asset investments
Stocks and work in Stocks held for sale as part of nonMaritable
trade are measured
at the lower or cost		 or net Yes' No' N/a
progress realisable
value.		 v'
Goods or services provided as part of a charitable
aciivity are measured
at net realisable		 Yes'
value based on the service potential
provided
by items of stock.
Work in progress
is valued at cost less any foreseeable
loss that is likely to occur on the		 Yes* No* N/a
contfacL
Oebtors (including
trade debtors and loans receivable) are measured
on initial recognition		 at Yes' No' N/e'
Debtors settlement
amount
after any trade discounts oramount advanced
by Ihe charily.
Subsequently,
they are measured
at the cash or other consideration
expected
to be
racaivart.
The charity has investments
which
it holds for resale or pending
their sale and cash and		 Yes' No' N/a
Current asset investments cash equivalents
with a maturity
date less than one year. These indude cash on deposit
and cash equivalents
with a maturity
of loss than one year held for investment
purposes
rather than to meet short4erm
cash commitments
as they fall due.		 Yes' No* N/a
They are valued
at fair value excepi where
they qualify as basic financial
instruments.
POLICIES ADOPTED
ADDITIONAL TO OR None
DIFFERENT FROM
THOSE ABOVE
Note 3 Income Income
Re air iofed
Analysis of income Unrestricted
funda		 Income
funds		 Endowment
funds		 Toto i funds Prior year
6
Donations Donations and ifts 13 841 13841 34 361
and legacies: Gift Aid 141 141 32
L
acies
General grants provided by government/other
Membership subscriptions and sponsorships
which are in substance donations
Donated goods, faciTities and services
Other
Total 13982 13 982 34393
Charitable Central Government
activities: NHS 50 149 50 149
OPCC 53990 53 990 125560
Local Author' 219787 219 787 184204
Grants from Charities etc. 183990 183 990 130140
Total 507916 507 916 439904
Other trading
activities: Trainin &consultanc iven 6495 6 495
Other
Total 6495 6 495
Income from
Investments: Interest income 81 81 352
Dividend income
Rental and leasin income
Other
Total 81 81 352
Separate
material item
of income
Total
Other:
Conversion ofendowment funds into income
Gain on disposal ofa tangible fixed asset held for
charity's own use
Gain on disposal ofa programme related
investment
Royalties
from the exploitation		 of intellectual
ro e ri hts
Other
Total
TOTAL 20 558 57 16 52 474 475 385
Other information:
All income in the prior year was unrestricted except for: (please Contracts from Local Government and some Grants from
provide description
and amounts)		 Charities amountin to f416674 in 2019-20
Where any endowment
fund		 is converted into income in the
reporting period, please give the reason for the conversion.
Within the income Items above the following Items are material:
(please disclose the nature, amount and any prior year amounts)
Where sums originally
denominated		 in foreign currency have been
included in income, explain the basis on which those sums have
been translated into sterling (or the currency in which the
accounts ere drawn
up).
Note 5 Donated goods, Donated goods, facilities and services facilities and services facilities and services
Seconded staff - not applicable
Other
Please provide details of the accounting
policy for the recognition
and valuation
of donated goods, facilities and
services. Not a liceble
Please provide details of any unfulfilled
conditions
and other		 contingencies
attaching to resources from donated
goods and services not recognised in
income. None
Please give details of other forms of
other donated goods and services not
recognised
in the accounts, eg		 PARCS had 24 volunteers who help the charity in various
contribution
of unpaid		 volunteers. wa s from counsellin survivors to actin as trustees.
Note 6 Expenditure
Rttstrtetod
Analysis ofexpenditure Unrestricted
funds		 income
funds		 Endowment
funds		 Total funds Prior yeer
6 6
Expenditure
on		 Incurred
seekin		 donations
raising funds: I
r
Incurred s
kin		 rant 9133 10202 19335 12825
0
ratin
mern		 r
hi		 schemes and
ta
i
r
' 'n
v
Fundraising
agents
0
ratin
char'		 sho s
ratin
a tradin		 com n undertakin
rti
'n
m
r
trt
t
Database develo ment c t
e e t t
P
I'
mana
ament costs
t
f
inin
nv
t
Intellectual
ro
r
I'		 n in osts
e r
Total expenditure
on		 raising funds 9133 10202 19335 12825
Expenditure
on		 36533 499904 536437 459369
charitable
activities
Total expenditure
on
acfivif ian		 charitable 36,533 499,904 536,437 459,369
Separate material
item ofexpense
Total
Other
Total other expenditure
TOTAL EXPENDITURE 45 666 510 106 555772 472 194
Other information:
Analysis of expenditure
on charitable activities
Acdvity or
programme		 Activities undertaken directly Grant
funding
of
activities		 Support
Costs		 Total this
year		 Total pr/or
year
Activity
1		 Core counselling
and prevention		 services 428,118 336,347
Activit
2		 Sessional counselling 59,921 82,743
Other Mana
ement & infrastructure		 48,399 40,279
Total 536,437 459,369
Prior year expenditure on charitable
activities
can be analysed as follows: see activities above
Within the expenditure items above the following mp yment costs: esstona counse ng
items are material: (please disclose the nature, E59,921 (2019-20582,743)
amount
and any		 prior year amounts)
Where sums originally denominated
in		 foreign
currency have been included
in expenditure,
explain the basis on which those sums have
been translated into sterling
(or the currency		 in
which the accounts are drawn
up).		 N/A
Independent examiner's fees
Assurance services other than independent examination
Tax advisory fees
Note 12
Defined contribution
pension sc
defined contribution
scheme.		 Note 12
Defined contribution
pension sc
defined contribution
scheme.		 Note 12
Defined contribution
pension sc
defined contribution
scheme.		 heme o r defined be r defined be nefit sc he me a ccounted f or a s a
12.1 Please complete this note ifa defined contribution pension scheme is operated.
Amount of contributions
recognised
in the		 K8,462
SOFA as an expense
Please explain the basis for allocating
the		 Applies to all staff except Centre Director. Allocations
made		 in same
liability and expense of defined way as salaries - by time spent on different work-streams
contribution
pension scheme between
activities and between
restricted
and
unrestricted
funds.
12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to
ascertain its share ofthe underlying
assets		 and liabilities.
Please confirm that although
the scheme		 Applies to one employee only. Plan administered by Hampshire County
is accounted for as a defined contribution Council. Contrbution amounted to K9,911 in 2020-21.
plan, it is a defined benefit plan.
Please provide such information
as is
available about the plan's surplus or deficit
and the implications,
if any, forthe		 As at 31-Mar-21 the plan was in surplus
reporting
charity
12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan
thatis accounted foras a defined contribution plan.
Describe the extent to which the charity
can be liable to the plan for other entities'
obligations
under the terms and		 Not applicable
conditions ofthe multi-employer
plan
Explain how any liability arising from an
agreement
with a multi-employer
plan to
fund a deficit has been determined.
Please complete this
14.1 Cost or valuation		 n ot e ifthe e ifthe e ifthe charit charit y has any tangi ble fixed a ssets
Freehold land Other land & Plant, Fixtures, Total
&buildings buildings machinery and fittings and
motor vehicles equipment
6 6
At the beginning
ofthe		 312,510 16,723 329,233
year
Additions 13770 13770
Revaluations
Disposals 3,000 3,000
Transfers '
At end ofthe year 312 510 27493 340003
14.2Depreciation
and		 i m airments
Basis Tobe revalued SLor RB SLor RB RB SLor RB Straight Line
periodically ("SL")or
Reducing
Balance
"RB"
Rate 0.00 25%
At beginning
ofthe year		 10983 10983
Disposals 3000 3000
Depreciation 4878 4878
Impairment
Transfers
At end ofthe year 12860 12860
14.3Net book value
Net book value at the 312,510 5,740 318,250
beginning
ofthe year
Net book value at the 312,510 14,633 327,143
end ofthe year
14.4Impairment
Please provide a description ofthe events and Not applicable
circumstances
that led		 to the recognition orreversal
ofan impairment
loss.
14.5Revaluation
Ifan accounting
policy		 ofrevaluation is adopted, please provide:
the effective date ofthe revaluation Freehold ac uired March 2018
the name ofindependent valuer, ifapplicable
the methods
applied		 and significant assumptions
the canying amount that would have been
recognised had the assets been carried under the
cost model.
14.6Other disclosures
(I) Please state the amount of bonowing costs, if None
any, capitalised in the construction oftangible fixed
assets and the capitalisation rate used.
(ii) Please provide the amount ofcontractual None
commitments
for the		 acquisition of tangible fixed
assets.
(iii)
Details ofthe existence		 and canying amounts Freehold is subject to mortgage with the
ofproperty, plant and equipment to which the Charity Bank for6196,760
charity has restrtcted title or that are pledged as
security forliabilities.
20.1 Analysis ofcreditors
Amounts falling due within Amounts falling due after
one ear more than one ear
This year Last year This year Last year
Accruals for grants payable
Bank loans and overdrafts 200 689
Trade creditors 53 552 34696
Payments
received on account for contracts		 or
performance-related
grants
Accruals and deferred
income		 107 332 21 931
Taxation and social security
Other creditors
- Loan from Family Action		 180797
Total 160,884 56,627 180,797 200,689

Please complete this note if the charity has defened income. if the charity has defened income.
Please ex lain the reasons wh
incomeis deferred
These amounts
comprise		 funds totalling f88,255received for2020-21 which could not be used due to
Covid-19 restrictions
and		 will therefore be used in 2021-22and f19,077offunds received in 2020-21 which
relate to 2021-22.
Movement in defened income account This year Last year
Balance at the start ofthe reporting
period		 21 931 49210
Amounts
added
in current		 period 107332 21 931
Amounts
released to income from previous		 periods 21 931 - 49210
Balance at the end ofthe reporting
period		 107,332 21,931
Note 24
Cash at bank and		 in hand
This year Last year
Short term cash investments (less than 3months maturity date) 46 063 46016
Short term deposits 14913
Cash at bank and on hand* 151081 96221
Other 241 240
Total 197,385 157,390
Note 25
Fair value ofassets and liabilities
Credit
risk -66%of PARCS		 funding is paid in advance of
services being delivered.
The remaining
34%comes from		 the
local authority
quaiterly
in arrears.
The trustees
do not
25.1 Please provide details ofthe charity's
exposure to		 credit consider that any provision is warranted
at this stage.
risk (the risk of incurring
a loss due to a debtor not paying		 Liquidity
is a potential
risk in		 that PARCS' funding
is short-
what is owed), liquidity
risk (the risk ofnot being able to		 meet term. Unrestricted
available		 reserves (i.e.excluding
the illiquid
short term financial
demands)
and market risk (the risk that		 Building
Fund) are equivalent
to 2.2		 months expenditure and
the value ofan investment
will fall due to changes
in the		 should
funding
unexpectedly		 be withdrawn the trustees
would
market) arising from financial
instruments
to which the charity		 have to cut short-term
expenditure,		 such as sessional
is exposed at the end ofthe reporting
period and explain		 how counselling.
the charity manages
those risks.		 PARCS is exposed to Market
Risk in		 relation to its freehold
property
acquired
in 2018.		 The trustees do not consider that
there has been any material change in the market value of the
25.2 Please give details ofthe amount
ofchange
in the		 fair
value ofbasic financial
instruments
(debtors, creditors,
investments
(see section 11,FRS102SORP)) measured		 at fair Not applicable
value through
the SoFA that is attributable
to changes
in		 credit
risk.
Note 27 Chari funds funds
272 Details ofmaterial funds held and movements
during the PREVIOUS		 reporting period
Please give details ofthe movemenfs
ofmalarial
'Ke iPE-
ennanent
endowment
funds. EE-ex		 individual
funds in the nrporting
andable endowment
funds
R		 perfod together
with ebalancing
figure for'Other funds'
-restricted income funds
includin
s acier trusts ofthe		 (which
chaff		 should include mvaluaiion
and U - umesVicted
funds
Fund Fund
Type PE, EE R
or UR*		 Purpose and Restrictions balances
brought
forward		 Income Expendiiure Transfers Ga)ns and
losses		 balances
canied
forward
Fund names 6 6 6 6 6 6
Portsmouth
Cl		 Council Funds for specNc services (0) 125,351 (126,055) (704)
Hampshire
County		 Cpu neil + NH 5 Funds for specilic services 65 58,853 (59,145) (227)
OPCC formerly Ministry ofiustice R Funds for speciTic services 1,763 125,560 (127,472) (149)
Children
in Need,		 Funds for specNc services 46 38,102 (38,383) (235)
Llo ds Bank Funds for specific services (635) 23,325 (22,690) (0)
Peoples Health Trust Funds for specific services 5,484 (1,892) 3,592
Frankie Workers Funds for specNc services 315 40,000 (40,089) 226
Funds deployed to meet PARCS' objectives,
provkle continuity
and be available		 as a hedge
General fund UR against risks 37,305 10,500 (9,873) (4,683) 33,249
Fund-raising
based fund for discretionary		 use
to meet objectives,
plug funding		 gapa, etc.
(N.B In 2018-19PARCS received an
exceptional one-off donation of 570,000
Purple Ribbon UR inclusive ofgift-aid). 86,509 24,981 (9,125) 102,364
Fund related to acqulsNon
and		 maintenance
Bulldin
fund		 UR ofnew freehold premises 107,138 4,683 111,821
Other funds balancin fi ure N/a fua 13928 37470 313
Total Funds as per balance sheet 475, 85 472,194 249,623
Amounts
Name ofthe
related		 trustee or
party		 Relationship
charity		 to Description
ofthe
transaction(s)		 Amount Balance at
period end		 Provision for bad debts
at period end		 written ott
dulong
reporting
cried