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2021-03-31-accounts

Contents Page Contents Page
Reference and administrative details ofthe charity. .
Trustees'
Report. .
Independent
auditor's		 report to United StSaviour's Charity. ... .....17
Statement
of Financial		 Activities. 21
Balance Sheet 22
Statement
ofCash Flows ..		 23
Notes to the Accounts ..... 24

Unres tricted
Funds (Note		 25a) less Tangible
Fixed		 Assets (Unrestrict ed))
31.03.2021 31.03.2020
Total Unrestricted
Funds —General Funds (Note 24a)		 4,748,273 3,045.303
Less: Tangible
Fixed Assets (Note 25a)		 (1,788,025) (27,817)
Investment
Property		 (Note 18)less borrowings against
investment
property		 (1,392,027) (1,873,211)
Total Liquid reserves 51,568,221 61,144,275
Free reserves, equivalent to eight months ofannual expenditure k'.1,504,008 r1,473,084

~ year end ed 31 March 2021
Notes Unrestricted
Funds		 Restricted
Funds
5		 Endowment
Funds
2		 2021
(5)		 2020
(5)
tement of Financial Activities
Income and endowments from:
Donations
and Legacies		 3 2,653 815,165 817,818 295,262
Investments 1,638,301 1,638,301 1,801,039
Charitable
Activities		 5 586,096 586,096 551,046
Other 3,153 3,153 356,098
Total 2,230,203 815,165 3,045,368 3,003,445
Expenditure
on:
Raising Funds (390,184) (32,047) (422,231) (271,865)
Charitable
Activities		 8 (1,248,929) (762,265) (103,660) (2,114,854) (2,250,040)
Total (1,639,113) (762,265) (135,707) (2,537,085) (2,521,905)
Net gains/(losses) on Investments 783,105 698,205 1,481,310 (3,228,560)
Net Income/(Expenditure) 1,374,195 52,900 562,498 1,989,593 (2,747,020)
Transfers between Funds 499,160 (499,160)
Net movement
in		 funds 1,873,355 (446,260) 562,498 1,989,593 (2,747,020)
Reconciliation
of		 Funds
Total Funds at 1 April 9,783,121 473,549 38,393,066 48,649,736 51,396,756
Current year earnings 1,873,355 (446,260) 562,498 1,989,593 (2,747,020)
Total Funds at 31 March 11,656,476 27,289 38,955,564 50,639,329 48,649,736

or the year ended 31 March 2021
Notes 2021
2		 2020
5
Balance Sheet
Fixed Assets:
Tangible assets 15 9,790,595 8,134,045
Investments 16 45,314,646 43,950,702
Total Fixed Assets: 55,105,241 52,084,747
Current assets:
Debtors 19 732,415 1,446,518
Cash at bank and in hand 20 1,171,296 1,831,266
Total Current assets: 1,903,711 3,277,784
Creditors: Amounts falling due within one year 21 (1,161,242) (1,326,972)
Net Current Assets 742,469 1,95O,812
Total Assets less Current Liabilities 55,847,710 54,035,559
Creditors: Amounts
year		 falling due after more than one (5,385,823)
Total Net Assets 50,639,329 48,649,736
The funds ofthe charity:
Endowment
funds		 25 38,955,564 38,393,066
Restdctsd
Income funds		 25 27,289 473,549
Unrestricted
funds		 25 11,656,476 9,783,121
Total funds of ths charity'1 50,639,329 48,649,736

For the year ended 31 March 2021
Note 2D21 2020
Cash flow from operadng
activities
Net cash liow from operating
activities (see be/ow)		 (494,1D4) (1,286,824)
Cash flow from Investing
activities
Dividends.
Interest snd rents fram		 investments t nna, snt 1,801.030
Purchase oftangible assets 15 (1,096,489) (6,974)
Purchase of investment
properly		 18 (619,502) (5,431,114)
Proceeds from sale ofother investments 17 2,309,024 1,766,497
Purchase ofother irwastments 17 (2,449,792) (1,496,347)
18458 3368899
Cashflow
from financing
activities
Repayments
of borrowing		 (146,295) (71,652)
Cash mfiows from new borrowing 5,428,278
146,295 5,356826
Net cash flow from Investing
activities		 858857 702 803
Change
in cash and cash equivalents		 in the year (858,857) 702,903
Cash and cash equivalents
brought		 forward 2,214,541 1,511,638
Cash and cash equivalents
carrhrd forward		 20 1355684 2 21
541
2021 2D20
(5) (5)
Reconciliation
ofnet movement		 In funds to net cash fiow from opemtlng activities
hist income for the year as per Statement ofFlnandal Activities 1.989.593 (2,747,02D)
Adjustment
for:
Depreciation
charges		 121,324
(Gains)/losses
on investments		 3,228,560
Dividends,
interest and rents from		 invastmenls (1,638,301) (1,801,039)
(Increase)/decrease
in debtors		 714.104 (254,213)
Increase/(decrease)
in creditors		 (195,880) 165,584
Nst cash used in operanng
acnvmes		 494 104 1 288824

2.Related Party Transac tions tions
There were no related
party		 transactions duding the year (2020: Nil)
Unrestricted Restricted Endowment 2021 2020
(2) (8) (2) (2)
3.Income from Donations
and Legacies
Grants Received 809,415 809,415 290,202
Donations 2.653 5,750 8,403 5,060
Total Income from Donations and Legacies 2,653 815,165 017,818 295,262
Unrestricted Restricted Endowment 2021 2020
(El (6) (6) (8)
4. Income from Investments
Rents and other income receivable
from
investment pr~.
Incomereceiv~
Usted Invesonents		 1,223,378
412,864		 412,884
1,223,378		 401,180
1,307,678
Interest receivdbyei 2,059 2,059 2,172
Total Income from investments 1,638,301 1,63&,301 1,801,039
Unrestricted Restricted Endowment 2021 2020
(2) (8)
g. Income from Charitable
Activities
Almshouses
-weekly maintenance		 nnn, nnn rfi1,046
Total Income from Charitable Activities S06,095 686,096 551,045

Unrestricted Restricted Restricted Endowment 2021 2020
(8)
6.Other Income
Compensation
for loss of Dght (see note 24b)		 350,000
South Bermondsey Partnership Administration 3,153 3,153 6,098
Total Other Income 3,153 3,153 356,098
Unrestricted Restricted Endowment 2021 2020
(5) (8) (6) (5)
7.Expenditure
on		 Raising Funds - Investment Costs
Investment
Managemenl		 Fees 28,380 60,427 59,923
Direct costs af managing investment 349,96D 349,950 194,933
Support
ond governance		 costs I1,554 11,054 17,009
Total Expenditure
on		 Raising Funds - Investment 390,184 32,047 422,231 271,865
Costs
Included
in direct costs		 ofmanaging investment properties is interest on financial liabilities as follows
2021 2020
(8) (8)
Interest on financial
liabilities measured		 at amortised cost:
Interest on bank loans 169,836 86,414
Unrestricted Restricted Endowment 2021 2020
(5) (5) (8) (6) (5)
8.Expenditure
on		 Charitable Activities
Grant Giving
Grants Payable (note 11) 5D8,930 622,265 1,131,195 1,120,841
Direct grant giving employment costs 123,81D 123,810 122,650
Support casts 62,235 62,235 89,298
Total Grant Giving 894,975 522,285 1,317,24D 1,332,789
Direct Charitable
Acuvltles
IXrect Chantable
Activity		 costs 420,593 140,000 103,660 664,253 725,898
Support Costs 133,361 133,361 191,353
Total Direct Charitable Activities 553,954 140,000 103„660 r9r,614 917,251
t r746,929 762,268 103,660 2,114,854 2,260.040
unrestricted Restncted Endowment 2021 2020
(8) (6) (8) (6) (8)
g. Reconciliation ofGrants Payable
Grants payable at 1 April 666,321 666,321 478,343
Grants awarded
during		 the year (note 11) 508,930 622,265 1,131,195 1,120,841
Grants paid during
the year		 (735,038) (612,891) (1,348,729) (692,863)
Grants payable at 31 March 439,413 9,374 448,787 666,321

Unrestricted Restricted Endowment 2021 2020
8 (8 (8) (2) (5)
Grants Payable
Strategic and Proactlvity
Grants
Strategic Grants
St Saviours contribution
to Southwark
Communiiy		 Response Fund 180,000 180000
Brandon Estate 10,000
Pecan - Southwark
Foodbank - COVID-19		 15,000
The Young Vlc Company -8198Humans 15,DQQ
London Bubble Theatre - Playing safe (Brendan) 60,DDQ
Soulhside
Young Leaders' Academy - SY(A Bridging Grant		 8.0DD
Southwark
Citizens Advice Bureaux Service - Universal		 Credit 40,000
Total Strategic Grants 180,000 180,000 148,000
Proactivity
and Micro Grants
Micro Grants 15,397
Total Praectivlty
Grants		 16,397
Total Strategic and Proacavliy Grants 180,000 180,900 163,397
Large Grants
Inspire At St Peter's Church - "2lnspire"
Activities		 Youth Club Holiday 17,500 17,500
South London Cares - Building
Community
and forging
friendships
in North Southwark		 80,000 80,000
English For Action - Learning
for Change		 —Continuation grant 20,000 20,DDD
Soulhwark
Day Centre for Asylum Seekers - SDCAS St
Newington
pro)ect		 Mary 12,500 12,500
Ace UK Lewisham
and Southwark
- Mv		 Social Southwsrk 19,444 19,444
Blackfrlars Settlement - Positive Ageing at Blsckfiiars 44,888 44,888
School-Home
Support Service UK - School Home Support
Brandon		 80,000 80,000
Time and Talents Association
—Time and Talents:
Community		 Engine of 25,000 25,000
Pembroke
House
—Pembroke
House: A
Century
Continuation
grant		 settlement for the 21st 25,000 25,000
Future Men - Bove Development
Prooramme		 40,000
Change Please - Change Please Cafe and Training Centre 100,000
Link Age Southwark - Continuing
to connect communiTies
positive ageing
in north Southwark		 for 70,000
Home-Start
Southwarkl
- Family Support at Home
Parenting
Programme		 and Mellow 90,672
Salmon Youth Centre
—Intensive
support
people
in North Southwark		 for high - risk young 90,000
Age UK Lewisham
and Southwark
—My		 Social Southwark 38,000
Southwark
Law Centre
—Planning
Voice		 project 25,000
Power 2 - Power2 Southwark 80,000
Silverfit Ltd - Silverfit Southwark 28,612
Opening
Doors London - Southwark
Older LGBT+		 Connect 25,000
Blackfriars Settlement
—Positive Ageing		 in North Southwark 23,747
Duckie Ltd - The Posh Club 50,000
Surrey Docks Farm Provident
Society Ltd —Tower &Riverfront
Development
(Phase Two)		 35,000
Total Large Grants 324,330 324,330 706,031
Grants de-committed (3,504)
Total Large, Strategic and Proactivity Grants 504,330 504,330 865,924

Unrestricted Restricted Endowment 2021 2020
(5) (6)
Grants Payable
Other Grants
Southwark
Community
810,000)		 Response Fund Grants (less than 382.834 382.834
Southwark
Community		 Response Fund Grants (greater
than 610,000)
St George the Martyr Church 10,000 10,000
East Dulwich Estate TRA 10,000 10,000
The Walwonh
Society		 10,000 10,000
Age UK Lewisham
and		 Southwark 10,689 10,689
Time and Talents Association 27,917 27,917
Home-Start
Southwark		 26,440 26,440
Bede House Association 27.316 27.316
Southwark
Day Centre		 for Asylum Seekers 29,080 29,080
Somali Integration
and		 Development Association 14,300 14,300
Central Southwark
Community		 Hub 12,000 12,000
Pembroke
House		 41,700 41,700
Bermondsey
Community		 Kitchen 10,000 10,000
Dad's House 1D,DDD 10,000
Salmon Youth Centre 21,500 21,500
Community
Southwark		 20,000 20,000
Flashy Wings Ministry 10,150 10,150
Lordship
Lane Baptist Church		 10,250 10,250
Southwark
Law Centre		 18,339 18,339
Southwark
Day Centre		 for Asylum Seekers 10,000 10,000
Total Southwark
Community		 Response Fund Grants 712,515 712,515
Grants covered
by St Saviours
Community
Response fund		 contribution to the Southwark (180,000) (180,000)
Grants swarded
fram the Southwark
Response fund covered by external		 Community
funders		 532,515 532,515
Feed the Frontline 89,750 89,750
Total Other Grants 622,265 622,265
Small Grants (up to E5,000)
Open access Small Grants 4,60D 4,60D 104,917
Total Small Grants 4,600 4,600 104,917
Grants to Individuals (almshouse residents) 150,000
Total Grants Awarded 506,930 622,265 1,131,195 1,120,841

2021 2828
ta)
13.Net Income/(Expenditure) for the year - is stated after charging
Depreciation
oftangible		 fixed assets (note 16) 118,690 121,323
Auditor's
remuneration
information		 - audit offinancial 16,920 13,500
Auditor's
remuneration		 —other services 975 2,643
Operating
lease charges		 30,621 34,500
2021 2020
(E) (8)
14,Staff Costs
Wages and salades 328,192 323,301
Social Security costs 31,031 31,782
Other pension costs (note 26) 22,862 18,481
Total Staff Costa 382,085 373,564

angible Fixed Asse ts
Assets under
Construction		 Properties Fixtures and
Fittings		 ONce
Ettulpment		 Tots I
Cost
At 1 April 2020 9,973,288 81,842 68,089 10,123,219
Additions 1,051,872 5,973 38,645 1,090,490
Transfer from Investment property 678,750 676,750
At 31 March 2021 1,051,872 10,652,038 87,815 106,734 11,898,459
Depreciation
At 1 April 2020 1,867,060 69,973 52,141 1,989,174
Charge for the year 103,660 2,174 12,856 118,690
At 31 March 2021 1,970,720 72,147 64,997 2,107,864
tact gook Value
At31March 2021 1,051,872 8,681,318 15,668 41,737 8,780,585
At 1April 2020 8,106,228 11,869 15,948 8,134,046
Cost of Freehold Properties
St Saviour's
Court, Purley		 9,122,125
Hopton's
Almshouses,
sovlhwsrk		 051,160
Functional
Properly
for use by charity		 -18Crucifix Lane 578.750
10,852,038
Llnrestricted itestrtcted Endowment 2021 2020
15.Fixed Asset Investments
Usted investments
(including
bank
balance ofa capital nature)
(note 17)		 7,957,357 8.985,747 16,943,104 14,123,902
Irivaatment
Property (note 18)		 6,802,358 21,789,182 28,371,540 29,828,798
Investment
-Subsidiary
Company
Total Fixed Asset investments 14,558,717 30,754,828 45,314,646 43,980,702

Unrestrlrted Restricted Endowment 2021 2020
(5) (2)
17.Listed Investments
At 1 Apdil 6,439,154 7,301,474 13,740,628 15,834,107
Additions 1,150,547 1,299,245 2,449,792 1,500,181
Disposals (1,084,435) (1,224,589) (2,309,024) (1,766,497)
Revaluations 1,351,336 'l.525,984 2,877,320 (1,827.'t63)
Total Mated Investments 7,856,602 8,902,114 I6,750.716 13,740,629
Listed lnveslments
(note 20)		 capital aocaunt 100,755 184,308 393,274
At 31 March 7,957,357 8,985,747 16,943,104 14,123,902
Unrestricted Restricted Endowment 2021 2020
18.Investment Pro e (2) (2) I6) IE) (6)
At 1 April 7,229,837 22,596,961 29,826,798 25,800,914
Additions 619,502 619,502 5,431,114
Revaluations (568,231) (827,779) (1,396,010) (1,405,230)
Transfers to Tangible Assets (678,750) (678,750)
At 31INarch 6,602,350 21,769,'I 82 28,37'f,540 29,626,79S
Unrestricted Restricted Endowment 2021 2a20
(6) (2) (2) (2) (2)
19.Debtors
Trade Debtors 476,277 476,277 263,811
Other debtors 3,849 25,200 29,049 57,461
New Almshouse - prepayment 958,986
Other prepaymenls
accrued income		 and 227,089 227,089 166,260
Total Debtors 707,219 25,2oo 732,416 1,44S,IHS

Unrestricted Restricted Endowment 2021 2020
(5) (5) (5) (6) (5)
20.Analysis
ofCash		 and Cash Equivalents
Cash at bank and in hand 961,770 11,463 198,063 1,171,296 1,831,266
Bank balance ofa capital nature (note 17) 100,755 83,633 184,388 383,275
Total Cash and Cash Enulvalents 1 062 525 11463 281,696 1 355,684 2,214541
Unrestricted Restricted Endowment 2021 2020
(8) (8) (8) (8& (5)
21.Creditors
-Amounts		 Falling Due Within One Year
Trade Creditors 74,724 74,724 31,604
Takation and sodal seourlly 49,114 49,114 71,984
Oiher Creditors 244,536 244,536 239,570
Accrusls and deferred tncoms 285,sro 265,975 271,402
Pension
Deficit Liability
year (note 26)		 - Due in less than one 14,211 14,211 13,394
Grants Payable 332,246 9,374 341,620 552,722
Bank Loan 151,062 151,062 146,296
Total Creditors
-Amounts
One Year		 Falling Due Within 1,151,868 9,374 1,161,242 1,326,972
Unrestdicted Restricted Endowment 2021 2020
(8) (8) (8) (9& (8)
22.Creditors - Amount falling due after one year
Pension
Delicit Liability
year		 —Due in more than one 41,945 41,945 53,144
Grants payable 107,167 107,167 113,599
Other creditors 8,750
Bank Loan 5,059,269 5,059,269 5,210,330
Total Creditors - Amount falling due after one
year 5,208,381 5,208,381 5.385.823
Amounts
included above
years are as follows		 which fall due after 5 2021 2020
(5) (5&
Payable by instalments 4,404,630 4,576,344
Loans 2021 2020
Bank Loan (5) (5)
Payable within one year 151,062 146,296
Payable after one year 5,059,269 5,210,330
Total 5,205,331 5,356,626

2021 2020
(8) (8)
23.Deferred Income
At tv April 161,345 160,248
Resources deferred during the year 141,609 161,345
Resources released from the previous year (161,345) (160,248)
At 31eMarch 141,609 161,345
24a. Fund Reconciliation Fund Reconciliation At 1 April
2020		 Income Ex enditure Transfem
In/out		 Gains/
losses		 At 31
March 2021
Designated
Funds
Almshouse
Development		 5,000,000 5,000,000
Maintenance
Reserve		 Fund: St Saviours Court 237,436 (46,118) 75,389 266,707
Maintenance
Reserve		 Fund Hopton's Almshouse 79,021 (19,584) 80,800 140,237
Major Repairs Fund: Park Street 57,653 (36,102) 30,000 51,551
Sinking Fund 1,363,708 86,000 1449708
Total Designated
Funds		 6,737818 101804 272 189 6908203
General Funds
General
Fund		 3,046303 2230203 1 537300 226 971 783105 4746273
Total Unrestricted
funds		 9783121 2230 203 1 639113 499 160 783105 11656476
Endowment
Funds
USSC Endowment 35,852,476 (106,317) 553,942 36,300,101
Hopton's
Endowment		 2 540 590 29390 144263 2 655463
Total Endowment
Funds		 38393066 135707 698205 38955564
Restricted Funds
Almshouse
Development		 223,549 281,111 (499,160) 5,500
Southwark
Community		 Response Fund 20,000 512,515 (532,515)
Feed the Frontline 230,000 (229,750) 250
Southwark's
Giving Scheme		 21 539 21 539
Total Restricted
Funds		 473 549 815165 762 265 499160 27289
TotalofFunds 48,649,736 3045 368 2537,085 1,481,310 50639329

24b. Fund Reconciliation 24b. Fund Reconciliation Prior Year Prior Year
At 1 April Transfem Galnsl At 31March
Designated
Funds		 2019 Income Expenditure In/out (losses) 2020
Almshouse
development		 5,000,000 5,000,000
Maintenance
Rese7ve Fund.
St Saviours
Court		 220,629 (04,602) 111,600 237,436
Maintenance
Reserve Fund:
Hopton's Almshouse 81,267 (94,246) 92,000 79,021
Major Repairs Fund: Park
Street 67,702 (55,049) 45,000 57,653
Sinking Fund 1 191708 172,000 1,363708
Total Designated Funds 6561 306 243 987 143400 6 737818
General Funds
General
Fund		 4314536 2 513243 2 121267 420 500 1 240,709 3,045,303
Total Unrestricted funds 10875 841 2513243 2 365254 1 240 709 9783121
Endowment
Funds
USSC Endowment 37,731,989 (106,309) (1,773,204) 35,852,476
Hopton's
Endowment		 2,585,579 200000 30,342 214,64 2390590
Total Endowment Funds 40317568 200000 136651 1 987861 38393088
Restricted
Funds
Almshouse
development		 203,347 20,202 223,549
Feed the Fronlline 250,000 (20,000) 230,000
Southwark
Community
Response Fund 20 Uuu 20000
Total of Funds 51,396756 3003445 2,521,905 3228 560 48649736
Unrestricted Restricted Endowment 2021 2020
(2) (6) (2) (2) (6)
25a.Analysis of Net Assets between Funds
Tangible Assets 1,788,025 8,002,570 9,790,595 8,134,045
Investments 14,559,717 30,754,929 45,314,645 43,950,702
Cash 961,770 11,483 198,063 1,171,296 1,831,266
Debtors 707,215 25,200 732,415 1,446,518
Creditors due within one year (1,151,858) (9,374) (1,161,242) (1,325,972)
Creditors due in more than one year (5,208,381) (5,208,381) (5,385,823)
Total Analysis
ofnet		 Assets between Funds 11,656,476 27,289 38,955,564 50,639,329 48,649,736

Unrestricted Restricted Endowment 2020 2019
6 E E E E
25b. Analysis of Met Assets between Funds (prior year)
Tangible Fixed Assets 27,817 8,106,228 8,134,D45 8,248,394
Fixed Asset Investments 13,855,528 30,095,174 43,950,702 41,809,149
Current Assets 2,595,525 483,549 198,710 3,277,784 2,529,818
Creditors due within one year (1,309,926) (10,000) (T,O45) (1,326,972) (1,030,700)
Creditors due in more than one year (5385823) (5385823 159905
Total Analysis ofNet Assets
Funds		 between 9,763,121 473,549 38,393,066 48,649,736 51,396,756
26a.Analysis ofchanges in net debt
At 1"April 2020 Csshflows At 31 March 2021
(E) (E) (E)
Cash and Cash equivalents 2.234.541 (878.857) 1,355,684
Borrowlligs
Bankloans (5,356,625) 146,295 (5,210,330)
Net Debt (3,122,084) (732562 3854646
26h. Anal sin ofchan es in net debt Prior Year
At 1u April 2019 Cashflows At 31Iaarch 2020
(6) (E) (6)
Cash and Cash equivalents 1,511,638 722,9D3 2,234,541
Borrowings
Bank loans 5356525 5356625
Net Debt 1,511,638 (4,633,722) (3,122,084)

Deficit contributions
From 1 Aprfi 2016to 30
September 2025:		 212 945440 per annum (payable monthly snd increasing by 3%each an 1stApril)
From I Aprfi 2016to 30
September 2028:		 f54,560 per annum (payable monthly and Increasing by 3%each on 1st April)

31 March 2021 31 March 2021 31 March 2020 31 March 2020 31 March 2019
E58,156 E66,536 EBD,716
RECONCILIATION OF OPENING AND CLOSING PROVISIONS
Provision
at starl		 of period 66,538 80,716
Unwinding
ofthe		 discount factor (interest expense) 1,495 1,022
Deficit contribution paid (13,797) (13,395)
Remeasurements - impact of any change in assumptions 1,92D (1,805)
Remeasurements - amendments to the contribution schedule
Provision at end ofperiod 56,156 66,538
INCOME AND EXPENDITURE IMPAC!
Interest expense 1,495 1,D22

Remeasurements —impact ofany change
In assumptions		 —impact ofany change
In assumptions		 1,920 (1,805)
Remeasurements —amendments
to the contribution		 schedule
Contributions
paid		 in respect offuture service'
Costs recognised in income and expenditure
account		 (22,862) (18,480)

31e March 2021 31 March 2020 31 March 2019
nets ofdiscount %per annum 14 per annum %per annum
0.66 2.53 1.39

include this funding.
The summary
offund movements
in th		 e year is as follows:
2021 2020
(2) (5)
At 1 April 75,959 82,071
Income 69,114 147,019
Expenditure (110,826) (153,13'I)
At 31 March 34,247 75,959

2021 2020
(5) (5)
At 1 April 90,000
Income 50,000
Expendaure (140,000)
At 31 March

At 31 March 2021,the charity
alls due as follows:		 hsd outstanding commitmenl s
for future
minimu		 m
lease		 payments
under nonoancella		 ble
leases wh
2021 2020
(6) (8)
Within one year 15,244 34,500
Between two and live years 13,709 56,688
28593 91188
Lessor
At 31 Marrh sns1, tha rhsrity had contracwd with tenants for sll the following minirnurri lease payments,
which fsa		 due as follows:
2021 2020
(8) (8)
Vliltliiii oiie year 1,355,442 1,127,134
Between two and five yean 2,555,471 2,165,686
In over five years 1,584,315 1,497,060
5495228 4789880