REGISTERED COMPANY NUMBER: 05233187 (England and Wales) REGISTERED CHARITY NUMBER: 1106526
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
FOR
LYNEMOUTH DAY CENTRE LIMITED
Greaves Grindle Chartered Accountants Victoria House Bondgate Within Alnwick Northumberland NE66 1TA
LYNEMOUTH DAY CENTRE LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | to | 8 |
| Notes to the Financial Statements | 9 | to | 16 |
LYNEMOUTH DAY CENTRE LIMITED (REGISTERED NUMBER: 05233187)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. 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).
Page 1
LYNEMOUTH DAY CENTRE LIMITED (REGISTERED NUMBER: 05233187)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution & Objects
Lynemouth Day Centre Limited began trading on 1st April 2006, is registered at Companies House No: 5233187, and is registered with the Charities Commission No: 1106526.
The objects of the charity are to promote the relief of the elderly by providing, maintaining and managing a Day Centre in Lynemouth for the purpose of providing facilities for recreation and other leisure time occupations and other lawful charitable purposes in the interest of social welfare with the object of improving their conditions of life.
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objects and in planning future activities.
Organisation
The Directors form the Executive Committee which meets regularly. The day-to-day management decisions are made by the Day Centre Manager with input from the Chairman as necessary. All decisions are ratified by the committee at the following executive meeting, and/ or by email correspondence. The Directors are elected or re-appointed each year by the members of Lynemouth Day Centre at the AGM.
This report includes the Covid-19 lockdown period which was clearly an exceptional event. The Directors made all possible plans to mitigate the impact of the pandemic and continued to communicate via electronic means.
Appointment Of New Trustees
New trustees are voted on at the AGM. However, in accordance with the Articles of Association, the trustees may appoint a person who is willing to act as a trustee either to fill a vacancy or as an additional trustee provided that the appointment does not cause the number of trustees to exceed the number fixed by or in accordance with the articles as the maximum number of trustees.
A trustee so appointed shall hold office only until the next following Annual General Meeting.
Activities
Due to the national restrictions introduced in response to the Covid-19 pandemic, the activities of the Day Centre have been forced to evolve quickly to meet the needs of our vulnerable client group. Despite the Centre being closed for a period, the services offered to clients continued to be provided remotely. The welfare of clients and staff members has been the top priority. Various adaptions have been made to the building to ensure a Covid-safe environment and on-site services were able to resume cautiously when government guidelines allowed.
Plans For Future Periods
Providing high quality services in a safe environment is a key priority for the Directors and management. A refurbishment plan for the building is in place and work is being conducted in a phased manner; grant funding is being sought for each of these phases. The building is being utilised by the wider community, such as hosting the local library.
The long-term consequences of the Covid-19 pandemic is yet unknown; it has brought about major challenges to the care sector. The Directors continue to monitor developments closely and liaise with the County Council. Measures have been put in place to adapt the service to meet the needs of our clients and to monitor their welfare.
To help reduce the impact of isolation, plans were quickly developed to support, as far as possible, existing clients in their own homes. It is our intention to serve the wider community; meals and other support has been provided throughout the pandemic.
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LYNEMOUTH DAY CENTRE LIMITED (REGISTERED NUMBER: 05233187)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
Finance
The financial statements are attached to this report.
Social Services funding continues to support the running of the Day Centre. The previous "block contract" with the County Council finished at the end of March 2019 and has been replaced by a daily rate charge for booked places and a further rate charge for lunch and transport provided. Since the year end, a total of £30,804 in grant funding has been received towards building refurbishment, transport running costs and a specific dementia project. The Executive Committee is mindful of the risks associated with social care funding. The Day Centre management is investigating diversification, and alternative funding sources, to mitigate these risks. The Directors wish to thank the members who through their own efforts raise significant funds amongst themselves for the centre.
A thorough financial risk assessment has been conducted to adapt to the operational challenges caused by the pandemic.
Staff
We are privileged to be served by staff who are dedicated to their work, caring for our members and offering the highest standards of service. The management team consists of Vikki Thompson and Lynsey Ditchburn. Training has continued with staff members undertaking various qualifications. Placements are often provided for young people from a number of external education establishments, when possible.
The Directors are committed to supporting the staff through the pandemic.
Reserves Policy
The Executive Committee has an obligation to safeguard the interests of its clients, the majority of whom are vulnerable adults. Therefore, we aim to keep six months' running costs in reserve in light of the risks to the County Council funding which makes up most of our income. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be 6 months of the expenditure. Budgeted expenditure for 2021/22 is expected to be in the region of £300,000 and therefore the target is £150,000 in general funds. The reserves are needed to meet the working capital requirements of the charity and the Executive Committee are confident that at this level they would be able to continue the current activities of the charity in the event of a significant drop in funding.
Whilst unrestricted funds stand at an increased figure of £191,433 up from £165,025, an increased designation of £49,476 has been set aside for staff redundancies. The present level of unrestricted net current assets available to the charity is £160,796. After accounting for the designated redundancy amount, this leaves £111,320 working capital for the general reserve. This falls significantly short of the target level. Although the strategy is to continue to build reserves through planned operating surpluses, the Executive Committee is well aware that it is unlikely that the target range can be reached for at least 5 years. In the short term the Executive Committee has also considered the extent to which existing activities and expenditure could be curtailed, should such circumstances arise.
Risk Assessment
The Directors have examined the major strategic, business and operational risks, which the charity faces, and confirm that systems have been established to engage regular reports to be produced so that the necessary steps may be taken to lessen these risks.
Reporting Accountants
A resolution proposing that Greaves Grindle be re-appointed as reporting accountants of the charity will be put to the Annual General Meeting.
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LYNEMOUTH DAY CENTRE LIMITED (REGISTERED NUMBER: 05233187)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
REFERENCE AND ADMINISTRATIVE DETAILS
Directors
Mr M D Burdon (Chairman) Mr W Tarbit (Secretary) Mr E C Peat (Treasurer) Mrs G Thompson MBE Mr J Tubby Mr T Maloney
Manager
Mrs V Thompson
Address
Albion Terrace Lynemouth Morpeth Northumberland NE61 5SY
Company Number 5233187
Charity Number 1106526
Reporting Accountants
Greaves Grindle Victoria House Bondgate Within Alnwick Northumberland NE66 1TA
Bankers
Barclays Bank PLC Northumbria House Cramlington Northumberland NE23 6QP
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 13 January 2022 and signed on its behalf by:
M D Burdon - Trustee
Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LYNEMOUTH DAY CENTRE LIMITED
Independent examiner's report to the trustees of Lynemouth Day Centre Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 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 registered member of Institute of Chartered Accountants in England and Wales which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Jane Harvey F.C.A. Institute of Chartered Accountants in England and Wales Greaves Grindle Chartered Accountants Victoria House Bondgate Within Alnwick Northumberland NE66 1TA
28 March 2022
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LYNEMOUTH DAY CENTRE LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021
| 2021 Unrestricted Restricted Total funds funds funds Notes £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 26,046 7,388 33,434 Charitable activities Day Centre activities 240,816 - 240,816 Other trading activities 2 17,007 - 17,007 Investment income 3 35 - 35 Total 283,904 7,388 291,292 EXPENDITURE ON Raising funds 22,165 - 22,165 Charitable activities Day Centre activities 235,331 - 235,331 Total 257,496 - 257,496 NET INCOME 26,408 7,388 33,796 RECONCILIATION OF FUNDS Total funds brought forward 165,025 7,030 172,055 TOTAL FUNDS CARRIED FORWARD 191,433 14,418 205,851 |
2020 Total funds £ 34,076 261,416 31,015 156 |
|---|---|
| 326,663 27,203 282,349 |
|
| 309,552 | |
| 17,111 154,944 |
|
| 172,055 |
The notes form part of these financial statements
Page 6
LYNEMOUTH DAY CENTRE LIMITED (REGISTERED NUMBER: 05233187)
BALANCE SHEET 31 MARCH 2021
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 8 30,637 CURRENT ASSETS Debtors 9 31,703 Cash at bank and in hand 133,580 165,283 CREDITORS Amounts falling due within one year 10 (4,487) NET CURRENT ASSETS 160,796 TOTAL ASSETS LESS CURRENT LIABILITIES 191,433 NET ASSETS 191,433 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - 14,418 14,418 - 14,418 14,418 14,418 |
2021 Total funds £ 30,637 31,703 147,998 179,701 (4,487) 175,214 205,851 205,851 191,433 14,418 205,851 |
2020 Total funds £ 31,280 26,460 119,075 145,535 (4,760) 140,775 172,055 172,055 165,025 7,030 172,055 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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LYNEMOUTH DAY CENTRE LIMITED (REGISTERED NUMBER: 05233187)
BALANCE SHEET - continued 31 MARCH 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 13 January 2022 and were signed on its behalf by:
M D Burdon - Trustee
G Thompson - Trustee
The notes form part of these financial statements
Page 8
LYNEMOUTH DAY CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
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.
Freehold property - 2% on cost
Taxation
The charity is exempt from corporation 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.
Basic financial instruments
The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 Charities SORP (FRS 102). Subsequent measurement is as per paragraphs 11.17 to 11.19, Charities SORP (FRS 102).
Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
Creditors
The charity has creditors which are measured at settlement amounts less any trade discount.
continued...
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LYNEMOUTH DAY CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
2.
3.
OTHER TRADING ACTIVITIES
| Raffle External catering Support service INVESTMENT INCOME Interest receivable |
2021 £ 100 15,291 1,616 17,007 2021 £ 35 |
2020 £ 6,919 14,347 9,749 |
|---|---|---|
| 31,015 | ||
| 2020 £ 156 |
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Independent examiner's fees | 1,680 | 1,718 |
| Depreciation - owned assets | 643 | 643 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Charitable activities Management and administration |
2021 10 2 12 |
2020 12 2 |
|---|---|---|
| 14 |
No employees received emoluments in excess of £60,000.
The aggregate remuneration of the management team in the year amounted to £45,573.
continued...
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LYNEMOUTH DAY CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
| 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 272 Charitable activities Day Centre activities 261,416 Other trading activities 31,015 Investment income 156 Total 292,859 EXPENDITURE ON Raising funds 24,353 Charitable activities Day Centre activities 257,925 Total 282,278 NET INCOME 10,581 RECONCILIATION OF FUNDS Total funds brought forward 154,444 TOTAL FUNDS CARRIED FORWARD 165,025 |
Restricted funds £ 33,804 - - - 33,804 2,850 24,424 27,274 6,530 500 7,030 |
Total funds £ 34,076 261,416 31,015 156 |
|---|---|---|
| 326,663 27,203 282,349 |
||
| 309,552 | ||
| 17,111 154,944 |
||
| 172,055 |
continued...
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LYNEMOUTH DAY CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
8. TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | |
|---|---|
| Freehold | |
| property | |
| £ | |
| COST | |
| At 1 April 2020 and 31 March 2021 | 35,138 |
| DEPRECIATION | |
| At 1 April 2020 | 3,858 |
| Charge for year | 643 |
| At 31 March 2021 | 4,501 |
| NET BOOK VALUE | |
| At 31 March 2021 | 30,637 |
| At 31 March 2020 | 31,280 |
Included in cost or valuation of land and buildings is freehold land of £3,000 (2020 - £3,000) which is not depreciated.
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
10.
| Other debtors Prepayments CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accrued expenses |
2021 £ 30,946 757 31,703 2021 £ 4,487 |
2020 £ 25,763 697 |
|---|---|---|
| 26,460 | ||
| 2020 £ 4,760 |
continued...
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LYNEMOUTH DAY CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
11. MOVEMENT IN FUNDS
| Net movement At 1.4.20 in funds £ £ Unrestricted funds General reserve 125,566 26,408 Designated redundancy fund 39,459 - 165,025 26,408 Restricted funds Transport fund - 2,388 Building refurbishment fund 7,030 5,000 7,030 7,388 TOTAL FUNDS 172,055 33,796 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General reserve 283,904 Restricted funds Transport fund 2,388 Building refurbishment fund 5,000 7,388 TOTAL FUNDS 291,292 |
Transfers between At funds 31.3.21 £ £ (10,017) 141,957 10,017 49,476 - 191,433 - 2,388 - 12,030 - 14,418 - 205,851 Resources Movement expended in funds £ £ (257,496) 26,408 - 2,388 - 5,000 - 7,388 (257,496) 33,796 |
At 31.3.21 £ 141,957 49,476 |
|---|---|---|
| 191,433 2,388 12,030 |
||
| 14,418 | ||
| 205,851 | ||
| 7,388 | ||
| 33,796 |
continued...
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LYNEMOUTH DAY CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net movement At 1.4.19 in funds £ £ Unrestricted funds General reserve 114,409 10,581 Designated redundancy fund 40,035 - 154,444 10,581 Restricted funds Exhibition, art and nostalgia projects fund 500 (500) Building refurbishment fund - 7,030 500 6,530 TOTAL FUNDS 154,944 17,111 Comparative net movement in funds, included in the above are as follows: |
Transfers between funds £ 576 (576) - - - - - |
At 31.3.20 £ 125,566 39,459 |
|---|---|---|
| 165,025 - 7,030 |
||
| 7,030 | ||
| 172,055 | ||
| Unrestricted funds General reserve Restricted funds Exhibition, art and nostalgia projects fund Transport fund Building refurbishment fund TOTAL FUNDS |
Incoming resources £ 292,859 2,350 15,000 16,454 33,804 326,663 |
Resources Movement expended in funds £ £ (282,278) 10,581 (2,850) (500 (15,000) - (9,424) 7,030 (27,274) 6,530 (309,552) 17,111 |
Resources Movement expended in funds £ £ (282,278) 10,581 (2,850) (500 (15,000) - (9,424) 7,030 (27,274) 6,530 (309,552) 17,111 |
|---|---|---|---|
| 6,530 | |||
| 17,111 |
continued...
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LYNEMOUTH DAY CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General reserve Designated redundancy fund Restricted funds Exhibition, art and nostalgia projects fund Transport fund Building refurbishment fund TOTAL FUNDS |
Net movement At 1.4.19 in funds £ £ 114,409 36,989 40,035 - 154,444 36,989 500 (500) - 2,388 - 12,030 500 13,918 154,944 50,907 |
Transfers between funds £ (9,441) 9,441 - - - - - - |
At 31.3.21 £ 141,957 49,476 |
|---|---|---|---|
| 191,433 - 2,388 12,030 |
|||
| 14,418 | |||
| 205,851 |
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 reserve Restricted funds Exhibition, art and nostalgia projects fund Transport fund Building refurbishment fund TOTAL FUNDS |
Incoming resources £ 576,763 2,350 17,388 21,454 41,192 617,955 |
Resources Movement expended in funds £ £ (539,774) 36,989 (2,850) (500 (15,000) 2,388 (9,424) 12,030 (27,274) 13,918 (567,048) 50,907 |
Resources Movement expended in funds £ £ (539,774) 36,989 (2,850) (500 (15,000) 2,388 (9,424) 12,030 (27,274) 13,918 (567,048) 50,907 |
|---|---|---|---|
| 13,918 | |||
| 50,907 |
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continued...
LYNEMOUTH DAY CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Fixed assets | Current assets |
Current liabilities |
Total 2021 |
Total 2020 |
|
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Unrestricted funds | |||||
| General reserve | 30,637 | 115,807 | (4,487) | 141,957 | 125,566 |
| Designated funds | |||||
| Designated redundancy fund | - | 49,476 | - | 49,476 | 39,459 |
| Total unrestricted funds | 30,637 | 165,283 | (4,487) | 191,433 | 165,025 |
| Restricted funds | |||||
| Transport fund | - | 2,388 | - | 2,388 | - |
| Building refurbishment fund | - | 12,030 | - | 12,030 | 7,030 |
| Total restricted funds | - | 14,418 | - | 14,418 | 7,030 |
| Total funds | 30,637 | 179,701 | (4,487) | 205,851 | 172,055 |
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