# ||||Paae|| |---|---|---|---|---| |Report ofthe Trustees||1|lo|12| |Report ofthe Independent
Auditors||13|lo|15| |Statement ofFinancial|Activities||16|| |Balance Sheet|||17|| |Cash Flow Statement|||18|| |Notes tothe Cash Fhrw Statement||||| |Notes to the Financial|Slatements|20|lo|36| |Detailed Statement of|Financial Activities|37|Io|38| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||Unrestreted|Restricted|Total|Total| ||||funds|funds|funds|funds| |||Notes||||| |INCOME AND ENDOWMENTS|FROM|||||| |Donations
and legacies|||166,744||168,744|198,167| |Charitable activities||||||| |Generagst advice
Specialist advice|||272,427|3,984,442
44.629|4,256,869
44,629|3,355,189
206,218| |Investment
income||||||1.393| |Total|||439,64D|4,029,071|4,468,711|3,760,967| |EXPENDITURE ON||||||| |Charitable
actlvlges||||||| |Generalist advice
Specialist advice|||105,593
30,970|3,904,807|4,D10,400
30,790|3,236,758
223,560| |Other||||||~5,411)| |Total|||136,383|3,916,087|4,041,190|3/l54,90T| |Net gains on investments|||25,779||25779|~75000| |NFT INCOME|||329,036|124,264|453,300|| |Transfem
between funds||24|24591|~24.591||| |Net movemsnt
in funds|||353.627|99,673|453,300|381,060| |RECONCILIATION
OF FUNDS||||||| |Total funds bought forward|||1,529,200|24,586|1,553,786|1,172,726| |TOTAL FUNDS CARRIED FORWARD|||~1882827|~124 259|~2007086|~1553786| ## ||||||2021|2020| |---|---|---|---|---|---|---| |||Unrestdcted|Restdcted||Tobrl|Total| |||funds|funds||funds|funds| |FIXEDASSETS|Notes||||2|5| |Tangible assets
Investments|14
15|390,6D7
103,279|||390,807
103,279|403,323| |||493,886|||493,886|403,323| |CURRENT ASSET8||||||| |Debtors
Cash at bank|16|173,924
1,579,397|269,688
~145.429)||443,612
1433968|75,086
1,554289| |||1,753,321|124,259||1,877,580|1.629,355| |CREDITORS||||||| |Amounts
falling due within one year|17|(207,303)|||(2D7,803)|(200,003)| |NETCURRENl'ASSETS||1,545,518|~124|9|~1669,777|~1429,352| |TOTAL ASSETSLES8CURRENT UABILIllES||2,039,404|124,259||2,163,683|1,832,875| |CREDITORS||||||| |Amounts
falling due after more than one year|18|(47,577)|||(47,577)|(52,389)| |PROVISIONS FOR UABILITIES|23|(109,00D)|||(109,000)|(226.ODD)| |NET ASSETS||~1882,827|124.259||2007.D86|~1553 786| |FUNDS||||||| |Unrestricted
funds
Restricted funds|||||1,882,827
~124259|1,529,200
24.586| |TOTAL FUNDS|||||2.007,086|1553788| ## ## |||||2021|2020| |---|---|---|---|---|---| ||||Notes|8|5| |Cash flows from operating
activities
Cash generated
from operations||||~29439|236,166| |Net cash provided
by operating
acdvi6es||||29,438|235.166| |Cash flows from Investing|actlvhtes||||| |Purchase oftangible
fixed assets
Purchase ofsxed assai investments
Interest received||||(42,610)
(100,500)
469|(42,249)| |Net cash used
In investing|ac8vt6es|||~142,641)|~40.8%)| |Cash flows from financing
Loan repayments
in year|activities||||~4873| |Net cash used
in financing|ac6vI6es|||~7,119)|~4673)| |Change In cash and cash|equivalents|In|||| |ths reporting
period
Cash snd cash equivalents|at the|||(120,321)|190,637| |beginning
ofthe reporting|period|||~1554289|1,363,652| |Cash and cash equlvalsnbr|at the end|of|||| |the reporting
period||||~1,433968|1554.288| ## ## ||Net Income forthe reporting
Ac5vittes)
Ad)ustnrents
for:|period (as psr the Statement ofFinancial|2021f
453,300|2020f
381,060| |---|---|---|---|---| ||Depreciation
charges
Losses cn investmsnts
interest received
Mortgage interest paid
Increase/(decrease)
in provisions
(Incmaseydecreass
In debtors
Increase/(decrease)
in creditors||55,326
(2,779)
(469)
2,182
(117,000)
(368,545)
7424|53,701
(1,393)
(145,000)
81,592
(133,794)| ||Net cash provided
by operations|||~236 166| |2,|ANALYSIS OF CHANGES
IN NET F(INDS|||| ||Net cash|At 1/4/20
f|Cash flow|At 31/3/21
f| ||Cash at bank|1.551259|~4327|14
M5| |||~1554,289|~!20,321)|~1,433968| ||Debt|||| ||Debts faging dus within
1 year
Debts felling due atter 1 year|(4,673)
~62.2)9|(375)
5.312|(5,048)
~47,577)| |||~57.562|4937|152.625)| ||Total|~1496727|~115,384)|~1381,343| ## ## ## ## ## ## ## ## ## ## |4.|INVESTMENT INCOME||||| |---|---|---|---|---|---| |||||2021|2020| ||Bank interest receivable|||8
469|E
1,393| ||INCOME FROM CHARITABLE ACTIVITIES||||| ||Aolivity
Giants and contract funding
Generalist advice
Grants and contract funding
Specialist advice|||2021
3,988,538
332,96D|2020
3,355,189
206,218| |||||4301498|~3551 4D7| ||Further analysis ofgrants and contract funding:||||| |||Unrestricted|Restricted|Total Funds|Total Funds| |||Funds|Funds|2021|2020| ||Aneurin Seven
CiTizens Advice -Better Advice: Better Uves
CNzens Advice -Energy BestDeal Extra
CI5zsns Advice -Equipment
Grant
CNzens Advice -Communities
First Shared|69,715|8
15,616
21,198
5,810|69,715
15,615
21.198
5,810|143,851
17,640| ||Outcomes||||| ||Citizens Advice - Phone Stralagy lmplementa6on
Citizens Advice -Breztt Fund
Cillzens Advice -Pension Wise
Ciszens Advice -Witness Service
Cigzens Advice -Consumer
Service
CNzsns Advice —Consumer Servhe (Development
funds)
CNzsno Advice - Consumer
Service (Scorns||613,600
120,209
337,571
900,236|613.80D
120,209
337,571
QDD,236|'I72,500
380,00D
150,000
118,0%
330,371
667,358
52,047| ||Awareness)
Citizens Advice - Help to Claim: Piht support
service
Citizens Advice -Help to Cfairn; Plkrt service set up
coats
Ciazens Advice -Big Energy Saving Week
Caerphilly
County Counrg - Confident
with Cash
Community
FO|174,435|30,167
158.108
12,688|30,167
158,108
12,888
174,435|22,626
153,634
22,053
9,DDD
163,368| ||Foundation
Wales - COVID-19 Rssi1ience Fund
Energy Redress Fund
MASDAP F2FWales
MASDAP contact centre
Moondance
Foundation
Caerphigy
County Council - Debt Relief Order||15,000
18,399
10,001
733,16T
28,359|15.000
16,399
10,001
733,167
26,359|155,946
689,950| ||Intermediary
service
Test8Leam
Welsh Government -Advice Link Cymru (Remote|27,916|28,665|27,916
28,665|27,916| ||fund)
Welsh Government
-Advice Link Cymru||432,497|432,497|126,382| ||(Generalist fund)
Welsh Govemrnent
-Advice Link Cymru (Debt||325,244|325,244|80,004| ||fund)
Welsh Govemrnsnt -Advice Link Cymru (Specialist||169,908|189,908|8,515| ||fund)
Welsh Government -Voluntary Service Recovery||34,628|34.628|41,T57| ||Fund
Other|361|22,00D|22,000
361|28,661| |||272427|4,029,071|4,301498|3,561 407| ## ## ## ## ||||2021|2020| |---|---|---|---|---| |Auditors'
remuneration
Auditors'
remuneration
for na~udit
work
Depreciation - owned assets
Staff pension
corrlributions
Auditors'
remuneration
-other finsndsl
services|||3,450
1,610
55,326
176,224|3,450
53,700
184,256
3434| |TRUSTEES' REMUNERATION
AND|BENEFITS|||| |There were no trustees'
mmunerstion
31 March 2020.|or|other benefits for the year ended 31 Mamh 2021 or far the year ende||| |Trustees' expenses||||| |During the year no expenses were paid to||trustees. (2020:ENII)||| |STAFF COSTS||||| ||||2021|2020| |Wages and salaries
Social security costs
Other pension oosts|||E
3,107.377
249.632
176,224|E
2,607,950
202,915
184256| ||||~3,533233|~2995.121| |The average
monthly
number ofemplayses||during the year was as follows;||| |Number ofadministrative
staff
Number ofmanagement
stat/
Number ofcaseworker/advisors
Number aftraining 5recruNment
Number of other staff|||2021
6
9
142
1
3|2020
9
8
114
1
1| ||||161|133| |250,001|-|E70,000|2021
1|2020
1| |---|---|---|---|---| ## ||COMPARATIVES|FORTHE STATEMENT OF RNANCIAL ACTIVITIES|FORTHE STATEMENT OF RNANCIAL ACTIVITIES|FORTHE STATEMENT OF RNANCIAL ACTIVITIES|FORTHE STATEMENT OF RNANCIAL ACTIVITIES||| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total| ||INCOME ANO ENDOWMENT8||FROM||fundsf|furids
f|fundsf| ||Donations and legacies||||198,167||198,167| ||Chsrhahle
activities||||||| ||Generalist advice
Specialist advice||||219,945|3,135,244
206,218|3,355,189
206,218| ||Investment
income||||1393||1,393| ||Total||||419.505|3,341,462|3,760,967| ||EXPENDITURE
ON||||||| ||Charitable
acdvities||||||| ||Generalist
advice
Specialist advice||||1D2,061
16,712|3,134,697
206,848|3,236.758
223,560| ||Other||||~5.411||~5411)| ||Total||||113,362|3,341,545|3,454,907| ||Net gains on investments||||75,000||~75 DDD| ||NET INCOMEI(EXPENDITURE)||||381,143|(83)|381,060| ||Transfers
between|funds|||16,002||| ||Net movement
in funds||||397,145|(16,085)|381.060| ||RECONCILIATION|OF FUNDS|||||| ||Totai funds brought forward||||1,132,056|40,671|1.172,726| ||TOTAL FUNDS CARRIED FORWARD||||~1529200|24 586|~1,553786| |14.|TANGIBLE FRED|ASSETS|||||| |||||Improvements|||| |||||to|Fixtures||| ||||Freehold|leasehold|and|Computer|| ||||ptope ny
f|pmperty
f|5tinge|equipment
5|Totals
F| ||COST||||||| ||At 1 Apdil 2020
Additions||1,190,526|39,282|64,041
~4930|138,796
~37680|'I,432,645
42,610| ||At 31March 2021||~1190526|39,282|68,971|176476|~l476 255| ||DEPRECIATION||||||| ||At 1 April 2020
Charge for year||875,276
7,856|34,262
5,020|33,2D2
10.703|86,582
31.747|1,D29,322
55 326| ||At 31 March 2021||883,132|39,282|43,905|~118329|~1084648| ||NET BOOKVALUE
At 31 March 2021||307 394||~25066|58147|390607| ||At 31 March 2020||~315250|5,020|~30 839|52214|~403323| ## ## ## ## ||||||||Listed| |---|---|---|---|---|---|---|---| ||||||||investments| |MARKET VALUE|||||||| |Additions|||||||| |Rsvsllistlcns|||||||100,500
2.779| |At 31 March 2021|||||||~103279| |NET BOOK VALUE|||||||| |At 31iMarch 2021|||||||103,279| |At 31 March 202D|||||||| |There were no Investment|assets outside the UK.||||||| |Cost or valuagon st 31 March 2021 is mpressnted|||by:||||| ||||||||Listed| ||||||||investments| |Vs!assoc in 2021
Cast|||||||2.779
100500| ||||||||103,279| |DEBTORS:AMOUNTS FALIJNG DUE WITHIN ONE YEAR|||||||| |Prepsyments
and accrued|income|||||2021
443,612|2020
f
75066| |CREDITORS:AMOUNTS|FALLING DUE WITHIN||ONE YEAR||||| |||||||2021
f|2020| |Bank laarw snd ovsrdrstls (sse note tg)
Trade creditors
Social secudty and other taxes
VAT
CNhsr creditors
Acciuals snd deferred
income||||||5,048
6,750
17,872
21,916
7.019
149198|4.673
16,74D
62,553
116037| |||||||207,803|~200003| |Included
within Accruals and deferred income above isthe fallowing||||deferred|Income:||| |||||||2021
f|| |Access toJustice Funding
Supporting
Justice Consultation
Additional
computer equipment||—Witness
forALC||||32,850
88899|25,022
4850
99882,| ## |||||| |---|---|---|---|---| |17.|CREDITORS: AMOUNTS FAt.UNG DUE WITHIN ONE YEAR—sontinusd|||| ||The deferred income relates to income reoeived|in advance ofenfiilement||| |18|CREDITOR8i AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|||| ||Sank loans (see note I9)||2021
f
47,577|2020
f
52,889| |19.|LOANS|||| ||An analysis ofths maturity ofloans is given belovr.|||| ||||2021|2020| ||Amounts
felling due within one year on demand:|||| ||Mortgage loan||5048|4673| ||Amounts
falling due between two and five years:
Mortgage loan||20 192|~18 692| ||Amounts
falling due in more than five ysarsi|||| ||Repayable
by instalmenls:|||| ||Mortgage loan||27,385|34.197| ## |IVIinimum
brass payments
under non~ncsfiabts|IVIinimum
brass payments
under non~ncsfiabts|operating leases fall due as follows;|operating leases fall due as follows;||| |---|---|---|---|---|---| |||||2021|2020| |Within one year
Sstween one and five years||||5
7,214
4676|31,522
11891| |||||'l1,890|43,413| |FINANCIAL INSTRUMENTS|||||| |Financial assets||||2021
f|2020| |Financial assets that sra debt instruments
Financial assets measured at fair value|measured||at smorlised cost|1,848,067
103,27S|1,616,119| |Financial Sabillties||||2021|2020| |Financial
liablliTies measured st amorlissd
Financial
liabilities measured stfair value|cost|||21.5,592|238,152| ## ## ## ## ||||2021|2020| |---|---|---|---|---| |Bank loans|||5
52625|57,562| |The bank loan is secured|by a first and only legal charge over the fmehafd|property.||| |PROVISIONS FOR UABILTIES||||| ||||2021|2020| |Pension scheme funding|||2|| |dslicit|||109000|226,000| |Provision
brought forward
Contributions
paid
Actuarial gain
Current service cast
Finance costs|||226,DOD
(162,000)
(23,000)
64,000
4OOO|371,0DO
('I67,000)
(75,000)
89,000
8OOO| |Provision carried forward|||109000|226.000| ## ## ||||Net|Transfers|| |---|---|---|---|---|---| ||||movement|between|At| |||At I/4/20|in funds|funds|31/3/21| |Unrestricted
funds|||6|f.|| |General fund||1,529,200|329.036|24,591|1,882,827| |Restricted funds|||||| |MASDAP F2FWales
Phone Strategy
Implementation
MASCAP Contact Centre
Witness Service
Consumer
Senrice
Help to Cfaim - Pilot project
Welsh Gavemment
-Advice Mnk Cyrnru||(630)
(8,534)
33,750|630
9,859
19,068
15,205
23,815
1,713|(7.859)
(278)
('f,713)|2,000
10,256
15,205
57,565| |(Remote Fund)
Welsh Government
—Advice|Link Cymru||13,148|(274)|12,874| |(Generalist Fund)
Welsh Government
-Advice|Link Cymru||445|(445)|| |(Specfalist Fund)
Cidzens Advice
—Ertufpment
Grant
Community
Foundation
Wales - COVfD-19|||208
12,614|(208)
(12,614)|| |Resilience Fund
The Moondance
Foundation|||1,200
~26359|(1.200)|26,359| |||24,586|124264|~24 591'}|124259| |TOTAL FUNDS||~1553,786|453,300||2,007,086| ## ## |Net movement
in funds,
included
in the above|are as follows:|||| |---|---|---|---|---| ||Incoming|Resources|Gains and|Movement| |Unrestricted
furrds|resources
f|expended
f|losses|In funds| |General fund||(136,383)|25,779|329,036| |Restricted funds||||| |Better Advice: Better Lives
Energy BestDeal - EXTRA
Penslonwise
MASDAP F2FWales
Phone Strategy Implementation
MASOAP Contact Centre
Witness Service
Consumer Service
Help toClaim- Pilot sst up costs
Help to Cktim - Pilot project
Welsh Government
-Advice Link Cymru
(Remote Fund)
Welsh Gcwernrnent -Advice Link Cymru|15,618
21,198
120,2DQ
10,631
613,MO
732,537
337,571
90D,236
12,888
158,108
432,497|(15,616)
(21.198)
(12D,209)
(10,001)
(603.741)
(713,489)
(322,358)
(876,421)
(12,688)
(156,395)
(4'I9,349)||83D
9,859
19,068
15,205
23,815
1,713
13.145| |(Generalist Fund)
Welsh Government
—Advice Link Cymru|325,244|(324,799)||| |(Spec!eliot Fund)
Citizens Athdce -Consumer Service|169,908|(169,700)||| |(Seams Awareness)
Welsh Government
-Advios Link Cymru|30,167|(30,167)||| |(Debt Fund)
Citizens Advice - Equipment
Grant
Community
Foundation
Wales - COVID-19|34,628
5,810|(34,628)
8,'804||12,614| |Resilience Fund
Energy Redress Fund
Test &Leam
Welsh Government-
Voluntary
Service|15,000
16,399|(13,800)
(16,399)
(28,665)||1,200| |Recovery Fund
The Moondance
Foundation|22,000
~28359|(22,000)||26359| ||~4029,071|~3904,807)||124,264| |TOTAL FUNDS|4468711|J4.041,190)|25779|453,300| ## ## ## ||||Nst|Transfers|| |---|---|---|---|---|---| ||||movement|between|At| |||At 1/4/19|in funds|funds|31/3/20| |Unrestricted
funds|||8|6|6| |General fund
Designated
fund - Organlsadonal||1,132,055|381,143|(333,998)|1,179,200| |dave!opmsnt
Designated
fund - Asset management|and|||250,000|250.DOG| |development||||100000|100.GGG| |Restricted funds||1,132,055|381,143|16.002|1,529,200| |hlASDAP F2FWales
Phone Strategy Implementation
MASDAP Contact Centre
Witness Service
Consumer
Service
Help to Claim - Full service set up costs
Welsh Government
-Advice Link Cymru
(Rsmois Fund)||21,832
18,839|(630)
2,025
(7,1I5)
«5,928)
33,750
«8,839)
6,854|(2,025)
«,'419)
(5.904)
~6654)|(630)
(8,534)| |||4D 811|~831|~18DD2|24 888| |TOTAL FUNDS||1 172726|~381D60||1 553,786| ## ## ## ## ## ## ## ## |A full valuation
ofthe Greater Gwent (Torfaen) Pension
Fund was carried out as et 31 March 2020,
March 2021. The major assumptions
used
in the valuation were:|A full valuation
ofthe Greater Gwent (Torfaen) Pension
Fund was carried out as et 31 March 2020,
March 2021. The major assumptions
used
in the valuation were:|A full valuation
ofthe Greater Gwent (Torfaen) Pension
Fund was carried out as et 31 March 2020,
March 2021. The major assumptions
used
in the valuation were:|A full valuation
ofthe Greater Gwent (Torfaen) Pension
Fund was carried out as et 31 March 2020,
March 2021. The major assumptions
used
in the valuation were:|A full valuation
ofthe Greater Gwent (Torfaen) Pension
Fund was carried out as et 31 March 2020,
March 2021. The major assumptions
used
in the valuation were:|A full valuation
ofthe Greater Gwent (Torfaen) Pension
Fund was carried out as et 31 March 2020,
March 2021. The major assumptions
used
in the valuation were:|A full valuation
ofthe Greater Gwent (Torfaen) Pension
Fund was carried out as et 31 March 2020,
March 2021. The major assumptions
used
in the valuation were:|updated
io31| |---|---|---|---|---|---|---|---| |Rate ofincrease
in salades
Rate ofincrease
in pensions
Discount rats||||||2021
3.2%
2.9%
2.0%|2020
2.2%
L9%
2.3'Al| |The split ofassets between investment|categories||is||||| |||||2021|||2020| |Equitlss
Bonds
Property
Cash||2,204,820
462,740
54,440|||81
17
2|8
1,435,910
452/410
59.010
19,670|73
23
3
1| |Fair value ofplan assets
Present value ofscheme gabiliTiss
Deficit in the scheme||||||2021
2,722,000
(2,831,000)
(109.000)|2020
f
1,987,000
(2,193,000)
(226,000)| |Amounts
included
within the income and expenditure|||account|forthe year are:|||| |||||||2021|2020| |Current service cost||||||5|.DM|89000| |Finance (incomeycosts
forthe year are:|||||||| |Expected
return on assets||||||2021
F
(47,000)|2020
f
(49,000)| |Interest on pension
iiablllges||||||51,000|57,000| ## |EMPLOYEE BENEFIT|OBLIGATIONS -continued||| |---|---|---|---| |Ffnance cost recognised|in the Statement of Finandaf Activities||| |Statement ofrerxignissd|gains/(losses);||| |||2021|2020| |Return
an assets
Change
In flnandal
assumptions
Change
in demographic
assumption
Other||(574,000)
533,000
33,000
~15tNSi|E
(179,000)
198,000
111,000
~55,000)| |Actusnsl nst gain/(loss)||~25.DOO|76 tKO| ## ## ## ## ## ## ## |||||2021|2020| |---|---|---|---|---|---| |||||5|| |INCOME AND ENDOWMENTS|||||| |Donations and legacies|||||| |Grants
Sundry donations||||166.714
30|198,714
'f 453| |||||166,744|198,167| |Investment
income|||||| |Bank interest receivable||||469|1,393| |Chadtable
activities|||||| |Grants and contract|funding|||4,301,498|3,561407| |Total Incoming resources||||4,468,711|3,760,967| |EXPENDITURE|||||| |Charitable
acthrities|||||| |Wages
Social security
Other pension casts
Rent, rates &service charge
Light &heat
Insurance
Repatrs &maintenance
(Induding
cleaning)
Stalf 8 volunteer
travel expenses
Pdntlng
&stationery
Telephone
&postage
Funding dawbacks
Reference matedals
&subscriptions
Other staff related costs
Depreciation
charges||||2,915,431
230,079
133,862
38,326
6,840
12,602
38,226
1,313
13.120
73,888
12,160
123.664
~39054|2,428,112
186,346
145,760
49,043
21,137
8,989
58,033
25,069
11,289
69,403
34,861
22,829
6,563
~40949| |||||3,643,565|3,106,373| |Other|||||| |impairment
losses far tangible fixed assets|||||(5,411)| |Support costs|||||| |Staffcosts|||||| |Wages
Sodal security||||191,945
19,553|179,838
16,569| |Other pension costs||||37362|38496| |||||24S,861|| |Depreciation|||||| |Depreaiatian||||16,272|12,752| |Other costs|||||| |Rent, rates &service charge||||3,331|4,266| |Light &heat||||595|1.838| |Insurance||||1,096|782| |Carried forward||||5,022|6,SSS| ||2021|2020| |---|---|---| |Other costs||| |Brought forward
Repairs 8 maintenance
(including
cleaning)
Staff6volunteer travel expenses
Pdnting
&stationery
Telephone 5postage
Staff&volunteer
training
Sundry costs (including
external
storage)
Recruitment
Bank charges
Other charges
Nlortgags
Interest
Other staff related caste
Refemnce materials
8 subscriptlons
Heatlh 8 safety costs
Psyrog fees, I-IR8 finance software
Irrecoverable
VAT
Finance costs ofdefined benefit pension
scheme
Interest cn pension scheme liabilities|5,022
3,311
114
1,141
6,426
18,473
9,766
425
1221
533
2,182
9.383
1,057
626
27,177
36,575|6,885
4,872
2,180
6,035
16,376
7,798
2,591
1,506
1,190
2,520
562
1,9SS
389
23,172
11,528
8,000| ||127,432|98,571| |Governance costs||| |Auditors'
remuneration
Auditors'
remuneration
for ncn-audit
work
Costs ofbustees' meetings|3,450
1,810|3,450
4.269| ||~5060|~7719| |Total resouroes expended|4,041.190|~3,454907| |Net Income before gains and losses|427,521|306,060| |Realised recognised gains and losses||| |Realised gainsigosses)
on lixed asset||| |investments
Actuarial
profit/(loss)
on defined benefit pension
schemes|2,779
~23000|75,000| |Net Income|453,300|381060|