restore RESTORE COMMUNITY CHURCH TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31sr DECEMBER 2024 COMPANY REGISTRATION NO: 04198958 (England and Wales) CHARITY REGISTRATION NO:1086604 Restore Community Church is a company li ited by guarantee no. 4 198958. Registered charity no. 1086604
restore COMYUNITY RFsfoRE COMMUNITY CHURCH TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THEYEAR ENDED al DECEMBER 2024 CONTENTS PAGE LEGALAND ADMINISTRATIVE INFORMATION REPORTOF THE TRUSTEES INDEPENDENT EXAMINERS REPORT STATEMENT OF FINANCIAL ACTivfTIES io STATEMENT OF FINANCIALPOSITION li NOTESTO THE FINANCIALsTATEMEPs 12-16 DETAILED STATEMENTOF FINANaALACfivIEs 17 21Page
restore COMML'%irY cHupcH RESTORE COMMUNITY CHURCH TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS LEGAL AND ADMINISTRATIVE INFORMATION FOR THEYEAR ENDED 31ST DECEMBER 2024 CHARITY REGISTRATION NUMBER: 1086604 COMPANYREGISTRATION NUMBER: 04198958 REGISTERED OFFICE.. Restore Community Church 23 Canfield Road Woodford Green IG8 8JL TRUSTEES.. Bernard Van Jaarsveld (Chair) Ann Granger Matthew Greene (Appointed 181101231 Stephen Peter Hale {Appointed 181101231 KEY MANAGEMENT PERSONNEL lan Kin8 (Senior Leaderl Joanne Mackey INDEPENDENT EXAMINER Allen Robyn and Associates Ltd Chartered Certified Accountants 367 Caledonian Road London N7 90Q 31Page
restore REsfoRE COMMUNITY CHURCH TRusfEES REPORT AND UNAUDITED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 The Trustees are pleased to present their Annual Report together with the Financial Statements of the charty for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out in Note I to the financial statements and complywith theCharitiesAct 2011. the Companies Act 2006. the Memorandum and Articles of Association, and Accounting and Reporti118 by Charities.. Statement of Recommended Practice applicable to charities preparin8 their accounts in accordance with the Financial Reporting Standard appllcable in the UK and Republic of Ireland IFRS 102) (effective 1st January 20191. Restore Community Church I'Restore') is constituted as a company limited by guarantee and re8iStered with the Charity Commi55ion under Charity Number 1086604 with the principal aims of 3dvancin8 the Christian faith. relief of poverty and sickness. The Trustees consider that Restore Community Church meets the Charity Commisslon's requirements to demonstrate public benefit in each of its purposes set out in this report. Introductlon to the Annual Report We give thanks to God for His leadin& provision, faithfulness, and favour in leadin8 His churth. Jesus says He will build His church. and it is a privile8e to be part of His work at Restore. This report celebrates our life together in 2024. We hope you enjoy readin8 it and that it inspires you to take hold of that for which Christ Jesus took hold of you. Our Common Vlslon Restore is a body of bellevers with a wsion 'to welcome everyone to walk wlth Jesus every day and see restoration everywhere., The heart of our mission is drawn from Isaiah 61'.1-4, which contains the followin8 elements: Reconcile: to see as many people as possible, from every walk of life, encounter God's love and goodness and have the opportunity to be reconciled in relationship with him. Restore. to enable people to find healin8 for physical. emotional. or spiritual pain and grow into living out their God-given design. Rebuild- to positively contribute to the lives of others. living an outward-focussed and 8enerous life, and so brin8in8 community transformation. We aim to achieve our mission byfocusing on three core areas: connecting: we encourage everyone to be part of a group, which provides a place of belon8in& shared life. and spiritual 8rovrth. contributin8'. we believe that everyone can contribute to their local community in a meaningful way usin8 their God-given 8ifts, talents, and resources. celebrating: We regularly gather for worship. prayer. thanksgiving and equip ourselves for missional livin8. Gatherin8s are mainly at our various congregations, but we also periodically plan to meet as one church. 41Page
restore Cof4 Jyt., REsfoRE COMMUNITY CHURCH TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31sr DECEMBER 2024 Our Locatlons We meet informally in church members, homes, and other plas, to share our lives with each other and with our communities, On Sundays we come together as three separate congregations in Woodford lin Canfield Road Chapel), Loughton lin Alderton School) and Albany lin Enfield Highway Gospel Hall). The congre8ations are led by a congre8ation leader who is responsible for the pastoral, teachin& prayer and activities at their place of meeting. We also have a house church that meet in Eppin8 who gather in IN40 groups (Mondays and Thursdays) to pray and put into prartice scripture. and for a variety of invitational events to frlends normal on Sundays. In addition. some people come together in Winchmore Hill, to meet in various locations wlthln their community on a Sunday morning. Overall leadership of all stsff and activity in Restore is the responsibility of the Senior Leader. Restore has an offSce in Woodford where staffs work when they are not out and about. The office is also a place for staff team meetin8S, to build one another up in the faith and to pray. as well as to be together to plan future activity. The office is also the place where the Operations Team works. to ensure that the charity runs smoothly. The office is open, with a person on reptiOn, from Monday to Friday 9am until 4pm.Anyone In the church can phone, drop in to discuss matter5, pray, orjust visit to say hello. Worshlpl Prayer and Teachln8 Small groups, and interest group5, where people come together to encourage each other, form the core to our aim of livin8 meaningful relational INes. to provide pastoral and prayer support for life's ups and downs, as well as to respond to the preaching message from the Sunday serrfices. Youth and Chlldren Youth and Children's work is planned locally at each congregation with overall responsibility taken by the con8re8ation leader. The congregation at Loughton has thrivin8 children and youth programme every Sunday supported by an amazing team of volunteers. The materials that they produce are available to all other congregations to support their Sunday programmes. In Loughton there are weekly youth meetings held at Oakwood Hill, at Albany there is a monthly Friday evening youth 8roup. and at Woodford the youth continue to meet twice a month on Tuesdays and are regularly involved in leading worship and Services. Winchmore and Epping have no formal youth plans Currently though they Still have contacts and connection points with some on a more informal basis. We would also like to recognise all that Harry Carter contributes to the Children's team at Lou8hton 51Page
restore COmVuJTy c4ukCH RESTORE COMMUNITY CHURCH TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THEYEAR ENDED 31ST DECEMBER 2024 The Trustees appreciate all the volunteer5 and members of the church who make our church family a lively community, and without whom the good news of Jesus would not be shared in word and deed. and the vision would not be fU111ed. The Trustees also wish to thank all those who gave financially to the glory of God. The Trustees are grateful for all the staff for their commitment and dedication over the year. Through the grace of God, we can once again celebrate all that was achieved during the year. Restore, In Ilne with its vision, welcomes everyone to walk with Jesus every dty and see restoration everywhere. The communlty en8agement activities are open to. and usually intended for, all resldents of the communitles where we operate. Restore is a si8nificant provider of seThices to the local community, a core belief being that the church needs to demonstrate God's love in practical ways as well as through introducing people to jesus. Some of the community activities are run in partnership with statutory and other a8encies. The highlights for 2024 consist of the.. new people ond returnin8 people into the congregations over 2024 varied community engagement initiatives which are helping to transform and resto our communities, such as.. Grow Community Garden Playgroups.. Noah's Ark and Rainbow Club as well as free Holiday Clubs GrowBaby- a free service helping mums with equipment & clothes for thelr children. More than a Son8 Seniors Choir, CAP Money Course the whole work of Beyond Ourselves, whKh now funds and provldes partnership direction for both the education and wellbeing of children across the Copperbelt region of Zambia. Further information of some of these community initiatives are 8lven in the Trustees pOrt for our slster charity. Restore Community {Charity Number 11656541. The Trustees also want to thank those staff those who have moved on from Restore in recent months to pastures new, namely Hester Botha. Tobbias & Joyce Ngala. 61Page
restore COMMUNITY CIqURCH RESTORE COMMUNITY CHURCH TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THEYEAR ENDED 31ST DECEMBER 2024 Structure and Governance Oversight of Restore is provided by the Board of Trustees. whose responsibility is to ensure the church and its artivities operate within the law and achieves its charitable purpose. Leadership of Restore is entrusted to lan Kin& the Senior Leader who is responsible for the artivitie5 of the church. Day-to-day artivities, including compliance with the Restore's policies and budgets, are delegated to the paid staff. Rlsk Mana8ement and Controls The Trustees set the risk appetite for financial and operational matters. and together with the 5enlor staff, monitor this through the quarterly Trustee meetings. Together with the church's senior staff, the Trustees conduct a risk review of all Restore's activities. They take steps to ensure appropriate controls are in place to manage identified risks. Risk management is an ongoing concern. and the Trustee meeting agendas ensure that the main risks to the charity are kept under frequent review. including- Safe8uarding. Health and Safety, Flnanclal Mana8ement and Position, Dependency on key individuals, and Maintainin8 the charlS Inte8rlty. Relatlonshlps wlth Of8anlsatlons and Other Charltles Restore partners with parachurch organisations and charities to further the church's vislon to see restoration In people and communities beyond our local communities. Our partners. to whom we make financial contributions. include. 'Churches To8ether' bodies where we have locations, Evangelical Alliance, New Thing Europe. and iNet Trust. We also gave financial 8ifts to mlssional organisations such as Tear Fund, Whitechapel Mission, Operation Mobilisations and Counties. Further, Restore Community (RC) oursister charity, and community outreach ann of Restore. operates in our local communities and provides overseas focus under the brand. Beyond Ourselves. RC helps Restore run the many local outreach projects. RC. as a separate charity. streamlines the administration and builds resilience into funding these vital activities. Rcis also the fundraising ann and provider of strategic partnership for Beyond Ourselves Zambia lan organisation set up in Zambia and separate to RCI. More details can be found in the Trustees, Report for Restore Community. In addition to making financial contributions as described above, Restore received £12,833 from New Thing Europe, £6(y)O from Albany Church CIO and £26.167from Magnify Foundation. Flnanclal Posltlon The charity's total income for the 2024 financial period decreased by 4.7% to £431,28612023: £452.571). M05t of our income continued to be derived from church member givin& plus associated 8ift aid claims. Expenditure on all activities was up by 1.2% at £439,71812023: £434,5241. The church made a deficit for the year ended 2024 of £8,432 12023 surplu5 of- £18.047}. Total funds carried fonyard on 31st December 2024were £46.67512023'. £56,666) a decrease of approximately 16.1% when compared to 2023. Restricted funds carried forward was£3,00312023'. £3.003) and unrestricted funds of £45.23112023: £53.6631 as at 31 December 2024. 71Page
restore RFSTORE COMMUNITY CHURCH TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THEYEAR ENDED 31ST DECEMBER 2024 Re5eThe Pollcy The Trustee's policy is to hold a minimum level of funds to ensure operations can continue should there be downturn in Income or unexpected need. Therefore. the charity should hold funds amounting to between two to four months operating costs, plus committed expenditure. The trustee's plans are to regain thls target over a two-year period from 2024 to 2025 are on schedule. Grants Durin8 the year 3 grant to our slster charity RC was made, to asslst with their sa13ry Costs, equal to £nil {2023'. £15.0691. Durin8 the year Restore Community repaid an amount of £18,217 as a contribution towards the salary costs of staff who delivered funded projects. ON BEHALF OF THE BOARD: Accountsnts The accountants, Allen Robyn & Associates Ltd will be proposed for re-appointment at the forthcoming Annual General Meetlng. ON BEHALF OF THE BOARD: es van Jaarsveld Chair of Trustees Date The Chair of Trustees 5i8ns this annual report on behalf of the Board of Trustees. 81Page
I restcre REPORT OF THE INDEPENDENT EXAMIP4ER TRUSTEES REPORT AND UNAUDITED FINANCIALSTATEMEKrs RFSTORECOMMUNITY FOR THE YEAR ENDED 31ST DECEMBER 2024 I report on Ihe accour¢iS lor the year ended 31" Detembei 2024 sei out on p3ge5 iwelve to sixteen. Re5pon51bllltles ar bask% of Re A5 tlie cliarily'5 Iru5tees of ihe Company Iwkg are also the difector5 01 Ihe company lor the purposes ol company liiwl. you are responsible lor the preparation of the a<coun15 in accordatice will the requireinenis of the C¢inpa¢iies Act 21J)6 ("the 2(*J6 Act-l. Havin8 salislied mysel1 ihat the accounts ot the Company are not required to be audiled for Ihrs year under Pari 16 of the 2006 Act and are eli8ible fof independent eKaminatioi), I fepoft iii respect ol my exan)inatioii of your cl)arilY'5 Kcounts as cèrrled out under secrbDn 145 of the Charilles Aci 2011 l-the 2011 Aci"). 5 Carryin oui my oaMInation. I have followed ihe Oiretttons givèn by the Charity ComiDIS51011 (under se¢iion 14SlSllbl ol the 201 L Act. Independent Examinerfs Statement The company's gross iiicome exceeded £250,$ and l am qvalilled to undeftake the e¥aiTI111ort by being a qual11ied Thiember of the Association ol Chartered Certified Accountants. I l)ave COMpted my examlnai¢on. I confirm thal no material Matte have come to my allenlion loiher Ihan that disclosed below ') trch gives me cause lo believe that.. attoui)tlll8 records were not kept in a¢¢ordance with sectioi1386 of the Companies Act 200G. Of the accourtts do not accord with such fecoids: of Ilie accoun15 do nol comply with relevant atcouThlbng reqviremenls under settion 396 01 the Companies Acl 2006 oiher than ami requirerneni that the 3ccounis give a -true ?nd falr. view wl)ich Is nol a maticr con5idere(J as part of an indeper)dent examination, or the accounts have not been Prepared in accordhnce wilh the Charitie5 50RP IFR51021 I Iiiive i)0 con¢e¥ng and haye come acrass no other matiefs in connection wllh the examination to which aitenilon should be drawn In thls ieport QTdew lo enable a proper understandin8 ol the liniincial %tatomonls to ts• reach•d. Signed.. Rolstt)n Allen IFCCAI Allen Robyi? & A550tiaies Lid Chartered Ceriilied Accountants 367 Caledonian Road Londpn 79DQ Date..
restore MFsfoRECOMMUNITYCHURCH TKUSTEES REPORT AND IJNAIIDII'ED FINANCIAL STATEMENTS STATEMENT OF FINANCIALACTIVITIES POR THEYEAR ENDED IIST DECEMBER 2024 iknre5tTlCted Re5tri¢ted INCOMING RESOURCES Notes Fund5 Fthds Total Total Incoming resoufcesyrom qenerntedfvnd5 2024 2023 Donations and Olher Incoine 431286 452 571 RESOURCES EXPENDED Cliarblable A¢tivitbeS 302.fyJ8 302,648 317.183 Support Cos 125.385 12S385 112.869 Governance C0515 li li TOTAL RESOURCES EXPENDED 439 718 434 524 Nrf INCOMEIEXPENOITURE Foft THE YEAR q£8,43ZI I£B,432} £18,047 Transfer ol Funds lJ.5591 11,5591 18.5291 Total Fyhds Brou8ht Fofivard 53 TOTAL FUNDS CAftAIED FORWARD £4372 £3.003 None ol the charity's acli¥itios were èCqUFred or djs((11ed duriry the year and there were no reco8nised g£iins.Ind losses lor ?024. nor in the prior ye47r other ihaii ih05e included in the 51afement ol financral activilics. The notes on pages I:. 10 16 lomi pail of Ihese accounls. 10SP ode
restore CCMYLKITY CHURCH REsfoRE COMMUNITY CHURCH TRusfEES REPORT AND UNAUDITED FINANCIAL STATEMENTS STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31ST DECEMBER 2024 Totsl Funds 2024 Total Funds 2023 FIXED ASSErs Notes Tan8ible Assets CURRENT ASSErs Debtors Cash at bank and in hand 6.719 9,488 CREDITOKS: wlthln one year 18 33 Net Current Assets £45 126 TOTAL ASSETS LESS LIABIUTIES FUNOS: Restricted Funds Unrestricted Funds 024 3,003 20 3,003 io io The Trustees are satlsfied that the charity is entitled to exemption from the requirement to obtsin an audit under the Charities Act 2006. The member has not requlred the company to obtain an audit in accordance with the Section 476 of the Att. The Trustees acknowledge their responsibilities for complying with the requirements of the Charities Act 2006 with the respect to accounting records and the preparation of accounts. These flnancial statements have been prepared in accordance with the provision5 applicable to companies subject to small companies, regime. The financial statements were approved by the Board of Trustees on....l.3.J.......... signed on its behalf by.. (Chalrl v No: 04198958 The notes on pa8es 12 to 16 fonn part of these accounts. IIIPage
restore COMNliK.TY C14URi H RESTORE COMMUNITY CHURCH TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024 I. ACCOUNTING POLICIES Basis of preparing the finan¢lal statements The financial Statements have been prepared in accordance with the Charity's Art 2011, the Companies Art 2th)6 and Accountin8 and Reportin8 by Charities: Ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland {FRS 1021" (effective I'january 2019). The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterlin& which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound. Accountlng convenllon The financial statements have been prepared under the historical Cost convention, the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. Golng Concern At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charlty has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees continue to adopt the 80in8 concern basis of accountin8 in preparing the financlal statements. Tlthes & Offerln85 Income from tithes and offerlngs, is included in incomin8 resources when these are receivable. Investment Income Investment income consists of net interest received during the year and accounted for as unrestricted fund. Incomln8 Resources All incoming resources are included on the Statement of Financlal Activities when the charity 15 legally entitled to the income and the amount can be quantified with reasonable accuracy. Cash and other donations are recognised on receipt unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 121Page
restore COMV.uN'ITY C4URCH RFsfoRE COMMUNITY TRUSTEES REPORT AND UNAUDITED FINANCL4L STATEMENTS NOTES TO THE ACCOUNTS FOR THE YL4R ENDED 31ST DECEMBER 2024 Resources Expended All expenditure is accounted for on an accrual basls and has been classified under headings that aggregate costs related to the cate80ry. Expenditure is reco8nised when there is a le8al or constructive obligation to make payments to third parties. it is probable that the settlement will be required, and the amount of the obligation can be measured reliably. The charity is not registered for VAT and accordingly expenditure is shown Bross of irrecoverable VAT. Costs of generatin8 funds include salary, direct expenditures, and overhead costs of staff to promote fundraising Includin8 events. Governance costs are those Incurred In connectlon with the administratlon of the Charity and Compliance wlth constitutional and statutory requirements. Resources expended are allocated to a particular activity and are costed based on the activity. Funds Unrestrlcted funds can be used In accordance wlth the charitable objectlves at the dlscretion of the trustees. Restricted funds can only be used for restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes. Further explanation of the nature and purpose of each fund is Included In the notes to the financlal statements. Endowment funds are subject to speciflc condltions by donors that the capital must be maintained by the Charity. Tanglble flxed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation. net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets les5 their residual values over their useful lives on the followin8 bases: Furniture and musical equipment 33.3% on straight line Renta15 payable under operating leases, including any lease incentNes received, are charged as an expense on a straight-line basis over the term of the relevant lease. 131Page
restore coio, ro. L'N ITY CI4URC I REsfoRE COMMUNITY CHURCH TRUSTEES REPORT AND UNAUDITED FINANCIAL ATEmENTs NOTES TO THE ACCOUNTS FOR THE YL4R ENDED 31ST DECEMBER 2024 2. DONATIONS AND OTHER INCOME Unrestrlrted Restricted 2024 2023 Donation gift aided Donation non- gift aided Gift aid income Grants Gifts received Magnify Foundation Other Income 248,028 66,564 62,316 2,0(K) 248,028 66,564 62,316 255,663 66,698 73,041 16,470 2 18,333 26,167 211 26,167 Total Income 3. CHARITABLE AcfiviTIES Charitable expense Support cost Governance cost Unrestrlcted Restrkted 302.648 125.385 li 2024 302.648 125,385 2023 317,183 112,869 4. SUPPORT C05T5 Premises Cost Insurance Publicity and Website Office, IT & software Hospitallty, events, worship and servlces Intern costs Depreciation Unrestrlcted Restrkted 69.057 10,327 2,213 12,374 14,395 10,259 2023 63,313 6,121 3,266 21,881 6,030 5,672 69,057 10,327 2,213 12.374 14,395 10.259 5.GOVERNANCE COSTS Unrestrlrted Restrlrted 2024 2023 Legal and professional fees Accountancy and examine 1,952 141Page
restore coNro,tJS IT Y C'.IURQH RESTORE COMMUNITY CHURCH TRUSTEES REPORT AND UNAUDITED FINANCIAL sfATEMENTS INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST DECEMBER 2024 6. TANGIBLE FIXEDASSETS Flxtures Furniture & E ui ment Total COST At Istjanuary 2024 Additions for the year 59.986 59.986 322 Cost at 31st December 2024 DEPRECIATION Opening Balance Char8e for the year 53,999 53,999 NEf BOOK VALUE As at 31st December2024 A5 at 315t December 2023 7. TRUSTEES REMUNERATION AND BENEFITS Trustees, expenses There are no pald trustees. All tasks are carried out byTrustees who are not remunerated and do not receive any expen5e5 Qr benefit5 for their activities. 151Page
restore RESTORE COMMUNITY CHURCH TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS NOTES TO THE ACCOUNTS FOR THEYEAR ENDED 31ST DECEMBER 2024 . STAFF COST 2024 202 Salaries and wages Social security cost Pension cost 236,836 15,785 232,795 14,642 9. CREDITORS: wlthln oneyeai 2024 2023 Other Creditors 10. MOVEMENTS IN FUNDS Incomln Resour Resourc nded Movement In Fund$ Unrestrlrted Funds £431,286 £439.718 1£8A32) Restrlcted Fd5 Funds Transferred Movement Analysls of Funds Restricted 1.12.2024 3,003 Unrestricted Total funds 161Page
restore RESTORE COMMUNITY CHURCH TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31sr DECEMBER 2024 IncomiTr8 Resources: Donatlons and other Income Donation 8ift aided Donation non- 8ift aided Gift aid income Grants Gifts received Magnify Foundation Other income 2024 2023 248,028 66.564 62,316 255,663 66,698 73,041 16,470 2(Y) 18,333 26,167 Total incomin8 resources RESOURCES EXPENDED: Charltable Artlvltles Church, pastoral and mission Salaries and wages Community Payroll c05t Welfare and gifts 2024 19.050 273,191 2023 26,505 265,620 15,069 1.102 407 SUPPORT COST Premises cost Insurance Publiclty and Website Office. IT & software Hospitality. events. worship. and services Intern costs Depreciation 69,057 10,327 2,213 12.374 14.395 10,259 63,313 6,121 3,266 21.881 6,030 5,672 Governance cost Legal and professional fees Accountancy and examiners 1,702 241 Totsl resour expended Net In¢ome over expendlture 171Page