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2025-08-31-accounts

REGISTERED CHARITY NUMBER: 1092690

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Give Youth a Break

London Accounting Group Ltd

Give Youth a Break

Contents of the Financial Statements for the Year Ended 31 August 2025

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 15
Detailed Statement of Financial Activities 16

Give Youth a Break

Report of the Trustees for the Year Ended 31 August 2025

The trustees present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

MESSAGE FROM TRUSTEE

As we consider the objectives we have met in another year gone by, we are humbled and overflowing with appreciation. Once again, we have touched the hearts of hundreds of vulnerable youth by demonstrating to them what it means to use one's strengths to grow, to accept responsibility for oneself, and to have a positive outlook on life.

Concurrently, there has been a remarkable surge in the quantity of volunteers who have come forward to donate their time and efforts to help the neighbourhood.

Parents, schools, the community at large, and of course the young people themselves have all provided rich and positive feedback, reporting some beautiful, wholesome, and growth-filled days together.

Additionally, at times, feedback has been really helpful in guiding us towards progress and posing queries like what more can our young people want to see provided for and how we can better serve them? Towards that goal, we are eager to roll out some exciting new features and expand our methods in which we can serve the community. We are grateful to our funders and donors for helping us have another successful and enjoyable year. On behalf of the Give Youth a Break team, let me personally extend my gratitude to you.

OBJECTIVES AND ACTIVITIES

Objectives and aims

In setting objectives and planning activities, the Trustees have given due consideration to general guidance published by the charity commission relating to public benefit. To improve life and alleviate the needs of children and youth by:

o Offering leisure and recreational activities that are offered in the name of social welfare and are intended to enhance their living conditions.

o Offering assistance and programs that help them develop the skills, capacities, and abilities necessary to participate in society as responsible, mature adults, though advancement of leisure and recreational activities for children and young people who would otherwise have difficulty accessing such facilities due to their social, economic or physical circumstances.

o The advancement of any additional solely charitable goals and objectives that the trustees deem appropriate, provided that these are recognized as such by English and Wales.

Our aims:

Well-being, not grades, is how we gauge success. At GYAB, personal growth is the measure of success. Every child has enough room to grow and thrive.

GYAB is distinct:

o Open-ended choices: youth select the activities they want to participate in; o User-focused - our youth-led board suggests activities, oversees programs, and assists users; o Accredited club with a strong indication to the people in our community that we appreciate sustainability and long-term construction.

Page 1

Give Youth a Break

Report of the Trustees for the Year Ended 31 August 2025

OBJECTIVES AND ACTIVITIES

Public benefit

The Trustees confirm their compliance with the duty to have due regard to the Public Benefit guidance published by the Charity Commission when reviewing the charity's aims and objectives and in planning future activities.

The continuous rise in living expenses, coupled with mental and emotional difficulties at home, feels like a stifling grip on low-income and vulnerable parents. In order to help parents become more resilient and brave in both their personal health and wellbeing and their parenting abilities, GYAB has been offering handholding and support.

Giving parents chances in their personal and professional lives has been a special educational opportunity for GYAB. We have helped parents develop a more positive self-image and sense of confidence. Here is where GYAB contribution is most effective in helping parents examine their own lives and determine what makes them happy.

Safeguarding:

We are dedicated to upholding and following policies and procedures for safeguarding at all times. Volunteers have recently received safeguarding training. Every volunteer knows how to report any concerns they may have about safeguarding, including to the local authorities, and they also know the proper steps to take in the event that they have doubts about a child's safety. Every volunteer undergoes the necessary screening to ensure they are qualified to work with children. In order to establish a watchful and secure culture within the organisation, the trustees and the director make sure that safeguarding records, documents, processes, and procedures are successfully implemented. The parents have expressed their satisfaction with the way their children are treated and kept safe and happy.

Our primary pursuits:

VALUE ADHERENCE TO BEST PRACTISES AND QUALITY

In order to increase the efficacy of our programs, we assess and track them with dedication to quality and best practices. We adhere to child protection protocols and collaborate with school administration teams to guarantee that safeguarding concerns are addressed appropriately. We support our youth leaders and volunteers to ensure best practices by providing regular supervision, guidance, and expert support from senior staff members and trusted partners.

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Give Youth a Break

Report of the Trustees for the Year Ended 31 August 2025

ACHIEVEMENTS AND PERFORMANCE Charitable activities

EXECUTIVE SUCCESSES AND PERFORMANCE

The charity runs a social youth club for socially excluded children and young people, aiming to provide them with extra-curricular, cultural and recreational activities as well as therapy where necessary. Weekly sessions are held at a local school, with larger events taking place throughout the year. These include music and drama evenings, inspirational speakers, recreational trips, festive meals, exhibitions and competitions.

Annual Community party:

All parents and neighbourhood children were invited to partake in a community party, where they were treated to an evening of inspiration and good food. With 89% of the community members present, the party encouraged a sense of unity, belonging and friendship - and the feedback we received has been outstanding.

Drama play:

At the conclusion of another successful year, our primary-school-aged children performed for the wider community in a play that they worked on for over several months. The play depicted the magnificent story of America in the early twentieth century, during the depression, where families and individuals had to tap into their innate strength to rebuild what they had lost. Through this kind of indirect education, our children learnt, in a vivid and real way, about the innate resilience that exists within every human being, and about how to stand up with poise and grace in the face of life's difficulties and challenges.

Exercise club:

The exercise club was held weekly, with an attendance of about 25 children a session. The sessions aim to boost the morale of the children, and be of benefit to their physical image and to their emotional stamina.

Leaders support groups:

Over the past year, three volunteer support groups were arranged. Each one provided invaluable support, encouraged the opportunity for questions and opened the floor for further discussion. At these groups, volunteers were also treated to small gifts to acknowledge their dedication and effort.

Newsletter:

While we aim to produce a termly newsletter, to keep the community updated regarding events that have taken place and ones that will take place, this has not been feasible for us this past year, due to the lack of funds necessary to pay the writers, editors, graphic artists, and printing costs. We hope to be able to reclaim this endeavour in the coming year.

After school Club:

The after school club was established to provide a haven of security, support and growth for disadvantaged children ranging in ages 5 to 15.The club takes place after school and during lunch breaks. Our goal last year was to increase attendance by 30%, and with our goal partially achieved - a 23% increase - we know we are well on the way. We have purchased £2,000 worth of furniture and games to make the club a fun and ap- pealing place where children are able to occupy themselves in a meaningful way.

Trips:

This past spring, we organized a nature-based trip to a park, to inspire and teach our children about the incredible world of nature that we inhabit. In the summer, the children were treated to a day at "Flip Out" where they were able to release energy in a productive and fun-filled way.

Annual Weekend Retreat:

Following last year's success, this year we surpassed our attendance limit of 120 attendees to a full 150 attendees, due in a large part to generous donations and an increase in resources. The weekend retreat aims to give the children a relaxed and pressure-free few days, where they are able to spend time"just being." Schools later reported to have seen the positive difference in their students, post-trip.

Library:

The opening of a book-lending library, starting with 100 brand-new and exciting books, has been a very successful project. Children would like to see an expansion of more books and a more appealing setting.

Project ''Green fingers'':

Page 3

Give Youth a Break

Report of the Trustees for the Year Ended 31 August 2025

20 of our children partook in planting and nurturing their own seeds, and watching them come to life. The experience was a highly therapeutic one for the children who were involved, with one ten-year-old commenting, "It's amazing how the seeds become mouldy before growing - that means we can still grow into something beautiful even if we are at a very low point."

The group leaders as well as the club director are all volunteers. The trustees wish to thank all the volunteers for their dedication and enthusiasm.

FINANCIAL REVIEW

Financial position

During the year the charity's income grew to £309,546 (2024: £179,716), reflecting increased grant funding and after-school club income. Expenditure rose more steeply, to £335,902 (2024: £171,171), as the charity expanded its activities and support provision. The result was a deficit of £26,356 (2024: surplus of £8,545), which reduced total funds from £16,275 to (£10,081) at the year end.

The trustees recognise that the rate of cost growth, particularly in administrative and support costs, was not matched by income in the year. They have prioritised returning to a balanced budget and rebuilding reserves in the coming year, as set out in the reserves policy above.

Principal funding sources

A variety of financing sources, such as individual contributions, trust and foundation grants, and user contributions, were used to finance our operations. The financial statements that are attached display the year's performance, and the trustees are happy with them.

The Trustees sincerely acknowledge that the following charitable trusts and foundations, as well as other supporters and community donors, have provided significant and kind support that has allowed for the expansion of services, reach, and positive impact on the lives of children in the community. Many thanks to Souter trust, HDH Wills, Haf Barnet and Awards for all for their generous generous support, amongst our other supporters and community donors.

Reserves policy

The trustees define free reserves as unrestricted funds that are freely available to spend. This excludes amounts represented by tangible fixed assets and investments held for the charity's own use, and excludes restricted funds, which can only be used for their specified purposes

Because the charity relies substantially on grant income that is typically confirmed for limited periods, the trustees consider it appropriate to hold free reserves equivalent to between three and six months of budgeted operating expenditure. This is intended to maintain services during gaps in funding and to provide sufficient cash flow for the organisation's requirements

At 31 August 2025 the charity held total funds of (£10,081).. This is below the target range and reflects an in-year deficit, driven principally by expenditure growing more quickly than income. The trustees recognise that the charity does not currently meet its reserves target and treat the free reserves position as a principal risk. To rebuild reserves, the trustees have agreed to

The trustees will monitor actual results against budget at each meeting and will report on progress in next year's accounts.

Going concern

The charity has net liabilities of £10,081 at the year end and reported an in-year deficit. The trustees have considered the charity's ability to continue as a going concern and [confirm that, having regard to expected income, committed grant funding and planned cost reductions, they consider it appropriate to prepare the accounts on a going concern basis. The trustees will keep this assessment under review.

Page 4

Give Youth a Break

Report of the Trustees for the Year Ended 31 August 2025

FUTURE PLANS

Our goals and objectives for the future are to keep enhancing the programs and services we already offer to raise the standard of living for both present and new members. Additionally, we intend to increase the number of volunteers and expand our services to the wider community.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Decision making

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.

Induction and training of new trustees

It is not the intention of the charity to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment, induction and training procedures.

Employee Appreciation

At the club, we value and encourage our employees' professional growth. We continuously offer up-to-date workshops and classes to ensure that our clients develop their own skills.

Risk management

The trustees have identified and reviewed the major risks to which the charity is exposed. Both manual and automated checks are regularly invoked, particularly those relating to the operations and finance of the charity. The trustees are satisfied that these systems and procedures mitigate any perceived risks.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

1092690

Principal address

9 Woodville Road London NW11 9TP

Trustees

J Feiner N Ost M Mund Mrs S Bard

Independent Examiner

A Heller FCA London Accounting Group Ltd

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ M Mund - Trustee

Page 5

Independent Examiner's Report to the Trustees of Give Youth a Break

Independent examiner's report to the trustees of Give Youth a Break

I report to the charity trustees on my examination of the accounts of Give Youth a Break (the Trust) for the year ended 31 August 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

A Heller FCA

The Institute of Chartered Accountants in England and Wales

London Accounting Group Ltd

Date: .............................................

Page 6

Give Youth a Break

Statement of Financial Activities for the Year Ended 31 August 2025

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
152,887
Charitable activities
3
Charitable activities
33,404
Total
186,291
EXPENDITURE ON
Charitable activities
4
Charitable activities
211,969
Raising funds
678
Total
212,647
NET INCOME/(EXPENDITURE)
(26,356)
RECONCILIATION OF FUNDS
Total funds brought forward
16,275
TOTAL FUNDS CARRIED FORWARD
(10,081)
Restricted
fund
£
-
123,255
123,255
123,255
-
123,255
-
-
-
31.8.25
Total
funds
£
152,887
156,659
309,546
335,224
678
335,902
(26,356)
16,275
(10,081)
31.8.24
Total
funds
£
62,262
117,454
179,716
159,063
12,108
171,171
8,545
7,730
16,275

The notes form part of these financial statements

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Give Youth a Break

Balance Sheet 31 August 2025

31.8.25 31.8.24
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 8 5,049 - 5,049 6,732
Investments 9 10,120 - 10,120 10,120
CURRENT ASSETS 15,169 - 15,169 16,852
Debtors 10 24,404 - 24,404 15,404
Cash at bank 22,211 - 22,211 26,252
CREDITORS 46,615 - 46,615 41,656
Amounts falling due within one year 11 (56,524) - (56,524) (26,675)
NET CURRENT ASSETS (9,909) - (9,909) 14,981
TOTAL ASSETS LESS CURRENT
LIABILITIES 5,260 - 5,260 31,833
CREDITORS
Amounts falling due after more than one year 12 (15,341) - (15,341) (15,558)
NET ASSETS (10,081) - (10,081) 16,275
FUNDS 14
Unrestricted funds (10,081) 16,275
TOTAL FUNDS (10,081) 16,275

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. M Mund - Trustee

The notes form part of these financial statements

Page 8

Give Youth a Break

Notes to the Financial Statements for the Year Ended 31 August 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles - 25% reducing balance basis

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. DONATIONS AND LEGACIES

Unrestricted
funds
£
Gifts
-
Donations
152,887
152,887
Restricted
funds
£
-
-
-
31.8.25
Total
funds
£
-
152,887
152,887
31.8.24
Total
funds
£
(1)
62,263
62,262

continued...

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Give Youth a Break

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

3. INCOME FROM CHARITABLE ACTIVITIES

INCOME FROM CHARITABLE ACTIVITIES
Activity
Grants
Charitable activities
After school club
Charitable activities
Grants receivable include:
31.8.25
£
121,893
34,766
156,659
£
32,500
25,399
15,000
10,270
6,000
5,000
5,000
2,700
20,024
121,893
31.8.24
£
84,988
32,466
117,454
Young Barnet Foundation
City of London
Lottery Fund
The Childhood Trust
Groundwork London
The Baily Thomas Charitable Fund
Albert Hunt Trist
The Henry Smith Foundation
Other

4. CHARITABLE ACTIVITIES COSTS

Charitable activities
Raising funds
SUPPORT COSTS
Charitable activities
Support
Direct
costs (see
Costs
note 5)
£
£
331,780
3,444
678
-
332,458
3,444
Governance
Finance
costs
£
£
354
3,090
Totals
£
335,224
678
335,902
Totals
£
3,444

5. SUPPORT COSTS

continued...

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Give Youth a Break

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

5. SUPPORT COSTS - continued

Support costs, included in the above, are as follows:

SUPPORT COSTS - continued
Support costs, included in the above, are as follows:
31.8.25 31.8.24
Charitable Total
activities activities
£ £
Bank charges 354 342
Accountancy fees 1,440 -
Interest payable and similar charges 1,650 1,584
3,444 1,926

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
62,262
Charitable activities
Charitable activities
52,466
Total
114,728
EXPENDITURE ON
Charitable activities
Charitable activities
94,075
Raising funds
12,108
Total
106,183
NET INCOME
8,545
RECONCILIATION OF FUNDS
Total funds brought forward
7,730
TOTAL FUNDS CARRIED FORWARD
16,275
Restricted
fund
£
-
64,988
64,988
64,988
-
64,988
-
-
-
Total
funds
£
62,262
117,454
179,716
159,063
12,108
171,171
8,545
7,730
16,275

continued...

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Give Youth a Break

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

8. TANGIBLE FIXED ASSETS

8. TANGIBLE FIXED ASSETS
Motor
vehicles
£
COST
At 1 September 2024 and 31 August 2025 28,368
DEPRECIATION
At 1 September 2024 21,636
Charge for year 1,683
At 31 August 2025 23,319
NET BOOK VALUE
At 31 August 2025 5,049
At 31 August 2024 6,732
9. FIXED ASSET INVESTMENTS
COST LESS IMPAIRMENT Listed
investments
£
At 1 September 2024 and 31 August 2025 10,120
NET BOOK VALUE
At 31 August 2025 10,120
At 31 August 2024 10,120
There were no investment assets outside the UK.
Market value as at the balance sheet date was £10,120 (2024: £10,120).
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors 31.8.25
£
24,404
31.8.24
£
15,404

continued...

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Give Youth a Break

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25 31.8.24
£ £
Bank loans and overdrafts (see note 13) 5,159 5,159
Other creditors 51,365 21,516
56,524 26,675
12. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 13) 31.8.25
£
15,341
31.8.24
£
15,558
13. LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand: 31.8.25
£
31.8.24
£
Bank loans 5,159 5,159
Amounts falling between one and two years:
Bank loans - 1-2 years 5,159 5,159
Amounts falling due between two and five years:
Bank loans - 2-5 years 10,182 10,399
14. MOVEMENT IN FUNDS
Unrestricted funds At 1/9/24
£
Net
movement
in funds
£
At
31/8/25
£
General fund 16,275 (26,356) (10,081)
TOTAL FUNDS 16,275 (26,356) (10,081)
Net movement in funds, included in the above are as follows:
Unrestricted funds Incoming
resources
£
Resources
expended
£
Movement
in funds
£
General fund 186,291 (212,647) (26,356)
Restricted funds
Restricted fund 123,255 (123,255) -
TOTAL FUNDS 309,546 (335,902) (26,356)

continued...

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Give Youth a Break

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1/9/23
£
Unrestricted funds
General fund
7,730
TOTAL FUNDS
7,730
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
114,728
Restricted funds
Restricted fund
64,988
TOTAL FUNDS
179,716
A current year 12 months and prior year 12 months combined position is as follows:
At 1/9/23
£
Unrestricted funds
General fund
7,730
TOTAL FUNDS
7,730
Net
movement
At
in funds
31/8/24
£
£
8,545
16,275
8,545
16,275
Resources
Movement
expended
in funds
£
£
(106,183)
8,545
(64,988)
-
(171,171)
8,545

Net
movement
At
in funds
31/8/25
£
£
(17,811)
(10,081)
(17,811)
(10,081)

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS
Incoming
resources
£
301,019
188,243
489,262
Resources
Movement
expended
in funds
£
£
(318,830)
(17,811)
(188,243)
-
(507,073)
(17,811)

continued...

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Give Youth a Break

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2025.

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Give Youth a Break

Detailed Statement of Financial Activities for the Year Ended 31 August 2025

Detailed Statement of Financial Activities
for the Year Ended 31 August 2025
31.8.25 31.8.24
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Gifts - (1)
Donations 152,887 62,263
Charitable activities 152,887 62,262
Grants 121,893 84,988
After school club 34,766 32,466
156,659 117,454
Total incoming resources 309,546 179,716
EXPENDITURE
Charitable activities
Fundraising costs 678 12,108
Admin and office expenses 35,943 6,902
Events 33,634 48,721
Trips 2,530 7,689
After school club 124,014 58,082
Therapy and consultancy fees 2,650 2,925
Wages and salaries 26,590 9,191
Support and special needs 97,536 21,383
Staff training 7,200 -
Motor vehicles 1,683 2,244
Support costs 332,458 169,245
Finance
Bank charges 354 342
Governance costs
Accountancy fees 1,440 -
Loan interest 1,650 1,584
3,090 1,584
Total resources expended 335,902 171,171
Net (expenditure)/income (26,356) 8,545

This page does not form part of the statutory financial statements

Page 16