0814C6. Company Registration Number: 05559147 Charity Registration Number: 1112344 County Durham Furniture Help Scheme Financial Statements For the year ending 31 March 2025 JANE ASCROFT ACCOUNTANCY LIMITED Chartered Accountants Enterprise House Harmire Enterprise Park Barnard Castle Counly Durham DL12 8XT
County Durham Furniture Help Scheme Fmancial Statéments Year ended 31 March 2025 Page Trustees, annual port (incwatitYJ the I(*S report) Independent examinerfs report to the trustees Statent financial activrti8s (inch1ThJ irKome and expwrfJitLKe ac£ount) Statement of financial position Statement of cash fl¢yws Notes to the financial statements The followlng pages do not forni part of the financlal statements Detailed statement of financial activities 19
' County Durham Furniture Help Scheme Trustees. Annual Report (IncOttng the Directorfs Rwrt) Year ended 31 March 2025 trustees. who are also the directors for the purposes of compary law, present their r4)ort and the unaudited financial statements of ts ch¥ity for the year erKled 31 March 2025. Ob The objectives of the tharity are to relieve povety in particular by the wovision of a fLrniture and usehold goods recycling ServIS to those people resident in County Durham who are necessitous cirujmstances. As Chief Exeortive of CDFHS Sin 2015. 1 present this report ahead of my planned rthirement in the c¢)ming year. The fmancial year 20242025 has marked a signiftsrt phase of achievement. investmen( arKI growth for the organisation. Flnanclal Perfomiance CDFHS received donati$ totalling £859.189, reflecting a 12% increase from the previous year (£765,460). Rewves have ightlY fallen to £16.820 due to the costs of major investments into a new website, business systems, &commerce fillictionalty. inventory controls ar a customer relationship management platforni. Leadership & Operallonal Developmonts A busirEss continuty plan is now in place to enable s&3mless leadership transition mid-year. Upcoming developments will indude investment in staff welfare and professional development, health and safety managemen( vehicle fleet replacement and fUrtr digital imFxoents. CharitsNe Impact Over 1,000 beds delivered to those in need across County Dutham 400 plus tonnes of waste diverted from landfill via reuse programmes 16 t¢)nnes of student belongings recyded throLoh Durham UniversitVs Green Move Out Countywide repair cafés rep(yted 80% repair suctsss for small appliances Delivered Portable Appliance Testing training to improve electrical reuse safety Supported local eAnployment and VOILMt{ng, expandirYJ $f team to 12 CDFHS continu8S to meet its ctsritable objectN8S of alleviati povety through the provision of essential mitUre arKI whitegoods, while expanding ils envirorniertal and economic Val across County Durham. My sincere gratitude to all stakeholders, partrws. staff and volurteers whose cornmitment has enabled our continued service. As I step down, l arn confiderrt that CDFHS is well positied for a sustainable and impacfful future.
County Durham Furniture Help Scheme Trnstees. Annual Report (Incorporating the Dlrectorfs Report) {conthw¢d) Year ended 31 March 2025 ci Income during the year totalled £859,189 (2024 - £765,460) and expendrture total1 £859,957 (2024 - £694,150) giving a deficit of £768 {2024 - surplus of £71.310). At 31st March 2025 net assets were £16,820, all of which were hald In r8seNes. Reserves Polocy County Durham Furniiure Help Scheme will aim to hold 3 months its key contingencies as a minimum. That is rental to the County cour11 malching our Break Clause. Staff salaries for redundancies and key uiility suppliers. This free resepie which can be used rf nec8ssary in tradrng rf cashfioN is depleted is to be aimed for aTKI built up u¥er the next Iwo lo ttrwee years. It would b8 too restittive any earfier. vemanco and mana emont County Durham Fumiture Help Scheme is a chariiable company govemed by ils Memorandum and Articles of Association. It was incorporated on 9th September 2005 with company number 05559147 and was registered with the Charity Commission on 30th November 2005 with charty number 1112344. The tharity comprises 3 trustees as a minimum is managed on a day 10 day basis by a small but dedicated management team who defer to this board. The trustees have had regard to the Charity cnmIssIon,S guanCe public benefrt throughoul the yèar when decKling on actrtS of the chanty. coan Regl8tered charfty name County Durham Fumilure Help Stheme Charlty reglstratlon number 1112344 Company r•glstratlon number 05559147 Prfnclpal office and regl8t•red Unil 20, Avenue 3 offic• Chilton IrKlustrial Estate Ferryhill County Dutham DL16 OPB The tru8tses Diane Brown Lester Plaskrtt Tracy Thompson (Resigned 5 September 2025) (Appointed 28 January 2025) (Appointed 28 January 2025)
' County Durham Furniture Help Scheme Tnte88. Annual Report (Incorporatlng the Directorfs Report) (eonth Year ended 31 March 2025 Company Secretary Steve Mitton Independent examiner Jane Ascroft FCA MA {Cantab) Enterprise House Harniire Enterprise Park Bamard Castle County Durham DL12 8Kr Small company pn)visions This report has been prepared in xcordarte with the provisions applicable to companies entitled to the small companies exemption. The trustees. annual report was approvgj ¢)n ... truste by.. . and signed on behalf of the board of Steve Mitton Charity Secretary
County Durham Furniture Help Scheme Independent Examinerfs Report to the Trustses of County Durham Furnlture Help Scheme Year ended 31 March 2025 I report to the trustees on my examination of the financial statements of County Durham Fumiture Help Scheme ('th8 charrtl) for the year ended 31 March 2025. Responslbllltles and basls of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements 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 the charity's accounts as carried out under section 145 of the Charities Acl 2011 ('the 2011 Act,). In CArrying out my examinalion I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examlnerf8 Statement Since ihe charity's gr088 income exceeded £250,000 your examiner must b8 a member of a body listed in section 145 of the 2011 Act. I confinn that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which 18 one of the listed bodies. I have completed my examination. I corfirm that no matters have come to my attentlon in connection with the examination giving me Cause to belleve.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or Ihe financial statements do not acc<)rd with those records,. or Ihe financial statements do not compw with the accounting requirements of section 396 of the 2006 Act other than any requirement that tha accounts give 8 'true and fairf view which is not a matter considered as part of an independent examination; or the financial statements have not been prepared in accordance wilh the methods and principles of the Statement of Recommended Practlce 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 reathed. d6¥ J8n8 Ascroft FCA MA {Cantab) Indapendent Examiner Enterprise House Harmire Enterprise Park Bamard Castle County Durham OL12 8XT
County Durham Furniture Help Scheme Statement of Flnanclal Actlvltles (including Income and expenditure account) Year ended 31 March 2026 2025 Restricted funds Total funds Total funds 2024 Unrestricted funds Note Income and endowments Donations and legacies Charitable activities Investment incorne 189,326 189,674 669,509 203,092 562,366 669,509 Total Income 669,863 189,326 859,189 765,460 Expendlture Expenditure on charitable activitl8S Total expendlture 670,631 670,631 189,326 189,326 859,957 859.957 694,150 694,150 Net (expendltureylncome and not movoment In funds (768) (768) 71,310 Reconclllallon of funds Total funds brought forward Total funds carrled loard 17,588 16,820 17,588 16,820 {53,722) 17,588 The statement of financi818ctiviti88 includes all gains and losses recognrs8d in the year. All income and expenditure derive from continuing activities. The notes on pages 8 to 17 forni part of the80 flnanclal statements.
County Durham Furniture Help Scheme Statement of Financial Posilion 31 March 2025 2025 2024 Flxed assets Tangible fed assels 14 11,292 Current assets Stod(s Debtors Cash at bank and in hand 15 16 18,733 42.857 76.660 28,242 58.045 30.884 138,250 117,171 Cre(fjtors: amounts falling duo withln one yoar Net current assets 17 67,879 40,679 76.492 70,371 75.367 Totd assets less current Ilabllltles 87.784 Crnthtors: amounts falling due aftar more than ¢)ne year Net assets 18 58,547 16,820 70,196 17,588 Funds of the charity Unrestricted funds 16,820 16.820 17,588 17,588 Total chaiity fvnds For the year ending 31 March 2025 the chwity was entitled to exemption from audil uThler section 477 of ihe Companies Act 2006 relaling to small companies. DirtOrS. resportsibilti&s: members have not required the company to obtsin an audit of its financial statements for the year in question in accordance wilh section 476. The directors acknowbdge their resports*)ilrties for complying with Ihe requirements of tha Act with respect to accounting records preparation of financial ststements. These firkgncial statements have bgen prepared in ac(thancA with the provisions applicabl8 to compani8s subject to the small companies, regime. nci atemerts were approved by ts board of trustees and afftK)rised for issue on , and are signed on beha of the board by: Lester Plaskitt Trustee The notes on pages 8 to 17 fomi part of these financlal slatemen
County Durham Furniture Help Scheme Statement of Cash Flows Year ended 31 March 2025 2025 2024 Cash flows from operatlng acllvhles Net {expenditure}fincome (768) 71,310 Adjustments for Depreciation of tsngle fixed assets Other interest receivable and similar income Interest payable and similar charges Loss on disposal of heritage assets Accrued expensesl{income) 4,109 (2) 3,881 (6) 39,739 (39,739) Changes in." Stocks Trade arKI other debtors Trade and other creditors 6.256 5,584 (20.021) 31.378 (24,551) 20.945 54.202 Cash generated from operatK)ns Interest paid Interest received (3,038) (3,881) Net cash operating activilies 51,170 27,499 Cash flows from financing aciivilios Procaeds from borrowings Net cash used in financing activittes (5,394) {5.394) (5,252) (5,252) Net increase In cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalants at end of year 45,776 30,884 76.660 22,247 8,637 30,884 The notes on pages 8 to 17 foTm part of these financial statement&
County Durham Furniture Help Scheme Notes to the Flnanclal Statements Year ended 31 March 2025 General InfomHtion The charity is a public banefft antity and a prlvate company limlted by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Unit 20, Avenue 3, Chilton Industrial Estate, Ferryhill, County Durham, DL16 OPB. Statement of compllance These financial statements have been prepared in compliance with FRS 102, 'The Financi81 Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice aF)plicabl8 to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. Accountlng pollcles Basls of preparatlon The financial statements have been prepared on the historical cost basis, as Modled by th8 revaluation of certain financial assets and liabiliti88 and investment properties measured at fair Value through income or expenditure. The financial ststements are prepared in sterling, whlch is fvnctlonal currency of the entty. Golng con¢em The accounts have ben prepared on a going concem ba818 however attention is drawn to the comments made in the financial review section of the trusteg5' annual report. Judgements and key sources of estlmallon uncertalnty The preparation of the financial Statements requlr88 management to make judgements, estimates arKI assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of fvture events that are belleved to be reasonable under the circumstances. The trustees consider that there are no significant estimates or judgern8nts affecting these financial Statements. Fund accouniing Unrestricted funds are available for use al the discretion of the trustees to furthèr any of the charity's purposes. DeSnated funds ar8 unrestricted funds earniarked by the trustees for particular future project or commitrnenL Restricted funds are subjected to restrictions on their expenditure declared by the dor)or or through the terms d an appeal, and fall into on8 of two sub<lasses: r88tricted incA)me funds or endowment funds.
County Durham Furniture Help Scheme Notes to the Flnancial stateme (¢onthiwd) Year ended 31 March 2025 Accountlng pollcles (eonfknwd) In¢ome Al incoming resources we induded in ts statent of financial activities wrn entttlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the chartty arml the amojnt can be raliably measured. The following specific policies are applied to parti¢Iar categories of irKome: income from donations or grants is recognised when there is evidence of entitlem to the girt receipt is probable and its amount can be measured reliably. legacy income is recogntsed when recept is probable entitlement is established. irrA)me from donated goods is measured at the fair value of the goods unless this is impractical to measure reliabty, in which case the vakne is derbved from the cost to the donor or the estirnated resale value. Donaled facilities and services are recognised in the accounts when received rf th8 value can be reliabty measured. No amounts are included for Ihe contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unreslricted funds unless there is a contractual requirement for it to be spent on a partioJlar purpose and retumed rf unspent. in vthich case it may be reg*ded as restricted. Expendoture Expenditure is recognised on an accruals basis as a liabilty is incurred. Expenditure includes any VAT which cannot be fully recovered. arKI is classified under headings of the statement of financial activities to which it relates. expendrture on raising furnas includes the costs of all furKlraising activities. events. non-charitsble trading a1vrtIa$, and the sale of donated goods. expenditure on dwilable activities includes all costs Irrred by a charty in undertaking activities that fvrther its charitable aims for the benefft of rts berBfiaaries. induding those support costs and (x)Sts relating to the govrnCe of the charrty apportion8d to charitable activities. other expenditure IludeS all exwditure that is neither related to raising furKls for the charty nor w of ts expenditure on charitable activities. All costs allocated to experKliture categories reflecting the use of the resource. Direct costs attributable to a Sing activty are allocated directly to that activity. Shared costs are apportioned btheen the actNities they c<)ntribute to on a reasonable, justifiable and consistent basis. Tangible assets Tangible assets are initially recorded 8t cos( and subsequentty stated at cost less any accumulated depreciation and impaim)ent losses.
County Durham Furniture Help Scheme Notes to the Flnanclal Statements (conthiuèd) Year ended 31 March 2025 Accountlng pollcles (¢onllnued) Depreclatlon Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic lrfe of that asset as follNs: Plant and machinery Motor vohiclas IT Equiprnent 15% reducing balance 25% reducing balance 25% reducing balance Impalrnient of fixed assets A revigN for indicators of irnpairment 18 carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Vthere the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal 8t each r8POrting date. Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing tha stock to its present location and condition. Flnanclal Instruments The charity only has financial 88set8 and liabilitie8 of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transactlon value and subsequently measured at their settlement value. Deflned contrlbutlon plans ContributiorK8 to defined contribution plans are recognised as an expense in the perlod in wh the related service is provided. Prepaid contributions are recognised as an asset to ttrÉ extent that the prepayment will lead to a reduction in future payments or a cash rafvnd. hen contributions are rt expected to be settled wholly wlthin 12 months of the end of the reporting date in whtch the 8mploye88 render the related service, the liability 18 measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in Ihe period in which it arises. 10
County Durham Furniture Help Scheme Notes to the Flnanclal Statements (Mnthwd) Year fflded 31 March 2025 Debtorn Trade fd other debtors are recognised al the sett18ment am¢yJnt due after any trade discount offered. Prepayments are valued at the am(xJnt prepaid net of any trade discounts due. A(zrued irrnme and tax recoverable is included al the best estimate of the amounts receivable at Ihe balance sheet date. Cash at Bank and In Hand Cash at bar and cash in hand nclL#les cash and short terni highly liquid investments wrth short maturity of three months or less from the dalè of acquisition or opening of th8 deposit or similar account. Cr8dltor8 Creditors are recognised where the charity has a present obligation resutting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measur8d or estimated relia. Creditors are normally r8cognised at their setdement afflnt after all(hving for ary trade discounts du8. Taxatlon Ttr company 13 considered to pass the tests set out in Paragraph 1 S&dula 6 of the Finance Act 2010 and therefore it meets the definition of a charitable compary for UK corporation tax purposes. Accordingly, the company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the taxation of Chargeable Gains Act 1992. to the extent thal such income or gains are applied exclusively to tharitable purposes. Llmlted by guarant compary Is Ilmiled by guarantee. At 31 st March 2025 ther8 were 3 members each of whom had undertaken to contribute an amount noi exceeding £1 in the event of a winding up. 11
County Durham Furniture Help Scheme Notes to the Financlal Staterne (¢orflnwd) Year ended 31 March 2025 Donallons and legacles Unrestricted Funds Restricted Total Funds Funds 2025 Donations Donations Grants Point North (County Durham Communty FourKlation) Ferryhill AAP DCC UKSPF 163,326 20,000 6,000 189,326 163,326 20,000 6,000 189,674 Unrestrted Funds Restricted Total Funds Funds 2024 Donallons Donations 1,117 1,117 Grants Point North (County Durham Community Foundatlon) Sherbum House 171,975 30,000 201,975 171,975 30,000 203.092 1,117 Charftable actlvllf•s Unrestricted Total Fund8 Unrestricted Total Funds Funds 2025 2024 DCC Projects Fumiture scheme and related services Housing supwt prqects 478,674 135,579 $5,256 478,674 135,579 55,256 382,169 151,447 28,750 382,169 151,447 28,750 Investsnont Income Unrestricted Total Funds Unrestricted Total Funds Funds 2026 Funds 2024 Bank tnterest receivable 12
County Durham Furniture Help Scheme Notes to the Flnanclal Statements (nnUe) Year •nded 31 March 2025 Expendlture on charitable actlvltles by fund type Unrestricted Restricted Toial Funds Funds Funds 2025 Fumiture scheme and related services 670,631 189,326 859,957 Unrestricted Funds Restricted Tot81 Funds Funds 2024 Fumiture scheme and related services 492,175 201,975 694.150 Exp•ndlture on charftabla actlvltl•8 by adlvtty type Activities undertaken Total funds directly 2026 Total fund 2024 Fumiture stheme and related 8ervic88 859,957 859,957 694,150 10. Net (expondlturey5n¢om• Net (expenditure)lincome is stated after charglngl(crediting)'. 2026 2024 Depreclatlon of t8nglble ffxed assets Loss on disposal of fixed assets 4,109 4,630 11. Independont oxamlnatlon fees 2025 2024 Fees payable to the indep8nd8nt examiner for. Independent examination of the financial statements Ottrr financial services 600 4,689 5,289 4,479 4.979 12. Staff costs The total staff costs and employee benefits for the reporting perlod are analys8d as follows: 2025 2024 Wages and salaries Social security costs Employer contributions to pension plans 241,116 15,009 4,892 215,901 9,974 3,043 261,017 228.918 13
County Durham Furniture Help Scheme Notes to the Financial stateme (contthue Year ended 31 March 2025 11 Slaff costs (¢ondnu¢d) The average head count of employees during the year was 11 (2024.. 10). Tr average number of full-time equivalent employees during the year is anatysed as follows: 2025 No. 224 No. Number of management staff Number of project staff 11 10 No employee receNed ernployee benefrts of more than £60,000 duriry the year (2024: Nil). 13. Trusteo remunerallon and expenus No trustees received remuneralion or expenses dwing the ajrrent or previous Yr. 14 Tanglblo flxed a880ts Pnt and machin Motor vehides IT Equipment Cost At 1 Awil 2024 Disposals At 31 March 2025 21,369 27,000 (27,000) 9.152 (1,139) 8,013 57,521 (28,139) 29,382 21,369 Depreclallon At 1 April 2024 Charge for the year Disposals At 31 March 2026 16.133 22,195 7,901 357 (1,314) 46,229 (22,195) (23,509) 24,386 17,442 Carrylng amount At 31 March 2025 3,927 5,236 1,(9 1,251 At 31 March 2tr24 4,5 11,292 15. Stocks 2025 2024 Fumiture stod( for resale 18,733 28,242 14
County Durham Furniture Help Scheme Notes to the Flnancial Statements (¢ondnwdJ Year ended 31 March 2025 16. Debtors 21r24 Trade debtors Prepayments and accr[d income Directors loan account Other debtors 40,432 9,686 39.739 2,388 6,232 58,045 2.425 42,857 17. Credltors: amounts falllng the within one year 2025 2024 Trade eJeditors Accruals and deferr8d Inrne Social security and ottrr taxes Other creditors 52,629 28,204 13,239 1,111 10,609 67,879 40,679 18. Creditors: amounts falling due after more than one year 2025 2024 Bank loans and overdrafts NE Social Fund loan 32,726 25,821 58,547 38,120 32,076 70,196 19. Penslons and other post retirnment banefits Defined contrfbutlon plans amount recognised in income or expanditure as an expense in relation to defined contribution plans was £4,892 (2024: £3,043). 20. Analysls of charitable funds Unrestricted funds At 31 March 2025 1 April 2024 Income Expenditure General funds 17,588 669.863 (670.631) 16.820 At 31 March 2024 1 April %r23 Income Expenditure General funds {53,722) 563,485 (492,175) 17,588 15
County Durham Furniture Help Scheme Notes to the Flnanclal Statements (eonthiued) Year ended 31 March 2025 20. Analysls of charitable funds (conunuedj Restrlcted funds At 1 April 2024 At 31 March 2025 Income Expenditure Poirf North (CDCF) Ferryhill AAP DCC UKSPF 163,326 20,000 6,000 (163,326> (20,000) (6,000) (189,326) 189,326 At 1 April 2023 At 31 March 2024 Income Expenditure Point North (CDCF) Sherbum House 171,975 30,000 201,975 (171,975) (30,000) (201,975) The restricted funds were for th8 following purpos8S'. Point North (County Durham Communty Foundation) - Household Support Fund Ferryhill AAP - Wages support DCC UKSPF - Website Development 21. Analysls of net assets botween funds Unrestricted Total Funds Funds 2026 Tangible red assets Current assats Creditors less than 1 year Creditors greater than 1 year Net assets 4,996 138,250 (67,879) (58,547) 16,820 138,250 (67,879) (58,547) 16,820 Unrestricted Total Funds Funds 2024 Tangible fixed assets Current assets Credrtors less than 1 year Creditors greater than 1 year Net assels 11,292 117,171 (40.679) {70.196) 17.588 11,292 117,171 (40,679) (70,196) 17,588 16
County Durham Furniture Help Scheme Notes to the Financi Statsments (¢onthued) Year ended 31 March 2025 21 Analysis of changes In net debt At At 1 Apr 2024 Cash flows 31 Mar 2025 Cash at bank arKI in hand due after one year 45,776 5.394 76,660 (32,726) 43,934 (38,120) {7,236) 51.170 17
County Durham Furniture Help Scheme Management Inforniation Year ended 31 March 2025 The followlng pages do not form part of the flnanclal 8tatement8. 18
County Durham Furniture Help Scheme Detall•d Statem•nt of Rnanclal Actlvttles Year ended 31 Marth 2025 2025 2024 Income and endowments Donallons and legacles Donations Point North (County Durham Communty FouTrJation) Sherbum House Ferryhill AAP DCC UKSPF 1,117 171,975 30,000 163,326 20,CIOO 6,000 189,674 203,092 Chafftable actlvltl88 DCC Projects Fumiture scheme and related services Housing supwt projects 478,674 135,579 55,256 382.169 151,447 28,750 669,509 562,366 Investment Income Bank interest receivable Total Incom• 859,189 765,460 Expendlture Fumiture scheme purtha38s ages Employers NIC Pension costs Rent and rates Light and heat Insurance Other premises costs Motor vehide costs Professional fees Staff and volunteer expenses Accountancy fees Telephone Office costs and IT Depreciation Interest payable Loss on disposal of fixed assets Other expenses Marketing Total expenthture 384,412 241,116 15,009 4.892 53,474 18,006 9,767 3,416 34,215 20,942 22,581 7,223 3,685 6,799 317,453 215,901 9,974 3,043 14,661 9,258 3,529 28.377 12,687 6,929 3,843 1,195 4,109 3,881 3,038 4,630 17,020 859,957 694,150 Not {eXpendlturolnComQ (768) 71,310 19