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2021-12-31-accounts

REGISTERED COMPANY NUMBER: 05413970 (England and Wales) REGISTERED CHARITY NUMBER: 1112476

SAFE CHILD AFRICA (A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

Scott & Wilkinson Dalton House

9 Dalton Square LANCASTER LA1 1WD

SAFE CHILD AFRICA

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 15
Detailed Statement of Financial Activities 16

SAFE CHILD AFRICA

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2021

Trustees Mr J Trevett Mr G J Foxcroft Ms L M Gittins Mrs N J E Foxcroft (resigned 1/3/2023) Registered office YMCA New Road LANCASTER LA1 1EZ Registered company number 05413970 (England and Wales) Registered charity number 1112476 Independent examiner Scott & Wilkinson Dalton House 9 Dalton Square LANCASTER LA1 1WD

Page 1

SAFE CHILD AFRICA

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 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 December 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).

Introduction

Safe Child Africa has continued to focus on delivering its charitable objectives in 2021. The key achievements in the year are set out in the operational review section, which provides an overview of the key projects and activities the charity has been involved in during the year and the impact these have had.

The financial review sets out the financial position of Safe Child Africa and the governance of the charity's commitments and funding promises to maintain the on-going funding of critical projects on the ground in Nigeria.

Safe Child Africa continues to be dedicated to making further progress in fundraising and programme delivery in the coming years and the trustees are confident that Safe Child Africa is well positioned to support the changes needed to defend the rights and create the futures these children deserve.

Strategic Overview

Safe Child Africa remains committed to implementing strategies that will bring about real and lasting change for the children of Nigeria. Safe Child Africa continues to work with partners in Nigeria that benefit the children the organisation seeks to support.

Promoting and defending the rights of children to be free from abuse, poverty, persecution and sickness, and to improve the access to and quality of education remain at the heart of Safe Child Africa's work, but it has been important to incorporate the learning and experience of the organisation to ensure these important objectives are delivered in the most effective way possible. Progress against the strategic plan is monitored regularly by the trustees.

Objectives and activities

Objectives and aims

Safe Child Africa has a wide-reaching remit designed to promote any charitable purpose for the benefit of children in Nigeria with particular regard where appropriate to those purposes in the United Nations convention on the rights of the child, including but not limited to:

i) the advancement of education and public knowledge in respect of child rights in Nigeria;

ii) the relief of poverty, sickness and distress in Nigeria; and

iii) the preservation of health among children living in Nigeria and the protection from abuse and all other injustices, humiliation and degrading treatment (including but not limited to street children and children who have been accused of witchcraft and wizardry in the Niger Delta region of Nigeria).

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SAFE CHILD AFRICA

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Objectives and activities Operational Review

Safe Child Africa has delivered a series of programmes in 2020 that are designed to bring about the changes required in Nigeria to allow the children there to realise their potential and ambitions.

The work in the Niger Delta continued across 3 key areas; Advocacy, Education and Protection. The following report highlights the key activities and impact of this work in 2021.

A: ADVOCACY

A key part of the work of Safe Child Africa is our capacity to act as an advocate for those children without a voice. Due to resource constraints the charity has had to prioritise which advocacy activities to engage in and has continued to support the work of local PACT groups.

The Basic Rights Counsel Initiative ("BRCI") is also involved in advocacy activities in Cross River State, working with the local community to raise awareness of the issues that children face. This advocacy work also increases the profile of the legal aid work BRCI undertakes, supported by Safe Child Africa as part of the Protection work stream.

B: EDUCATION

Safe Child Africa remains committed to creating bright futures for vulnerable children and as such we have continued to support access to education for children at the Stepping Stones Model School in Akwa Ibom State, and Bebor School in Rivers State, through our well-established scholarship programmes.

These programmes enable children living in poverty or who are otherwise disadvantaged to gain and attend a place in Primary School through a scholarship programme. This is just one of the ways in which the charity works to remove the barriers that stand in the way of a bright and positive future. Some of the children we support have experienced loss, pain or abuse that no child should have to know and as a result they face challenges which limit their ability to enrol in other schools due to discrimination against disability or parental status, poverty or persecution. This underlines the importance of our support in this area.

C: PROTECTION

Safe Child Africa provides direct support to children in crisis across three states in the Niger Delta. This is only possible as a result of the incredible work of our partners in Nigeria, who work in extremely difficult situations and whose commitment to upholding child rights is extraordinary.

Safe Child Africa supports a programme of comprehensive support to children who have experienced abuse of their rights including witchcraft accusations, sexual abuse, violence, abandonment, lack of access to food, shelter medical care and education, and also suffering from child labour, kidnap and trafficking.

Key areas of support include: provision of long-term accommodation and nutritious food to former street children; review, investigation and monitoring of reported cases of abuse; access to education for former street children and children living in poverty and referral to and liaison with other governmental and non-governmental agencies on behalf of the children and their families.

The Emergency Accommodation facility launched in 2016 continues to be in full operation throughout the year and has been a critical resource for children in need. Our Emergency Accommodation facility is essential as a safe place for children in crisis situations to be housed whilst we secure longer-term alternative accommodation.

In addition, our partners continue to focus on securing access to justice for children, through provision of free legal services. Legal aid to children who have experienced abuse is effectively non-existent in Nigeria, so this support is crucial if children are ever to receive justice for what has happened to them. Bringing cases of abuse is a critical part of our work as successful convictions deliver justice for victims, remove abusers from the community and act to deter others from committing abuse.

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SAFE CHILD AFRICA

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Objectives and activities

Overall, the work that Safe Child Africa undertakes and delivers with our partners continues to have measurable and demonstrable positive impact in the lives of some of the most vulnerable children in the world. The charity remains focussed on providing the financial support and other resources to enable these projects to continue going forward.

Public benefit

The work that is undertaken by Safe Child Africa, whilst focussed on the enhancement of child rights in Nigeria, is active in the UK as well. The charity operates in the UK and is committed to engaging with supporters and volunteers in the UK involved with Safe Child Africa. The issues that the charity aims to deal with in Nigeria are also relevant to the situations experienced within some parts of the UK population. The awareness raised by Safe Child Africa supports understanding and the resources to challenge unacceptable cultural practices.

The trustees consider they have complied with the duty in Section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.

Future Focus

The trustees are confident that Safe Child Africa is well placed to deliver the objectives of the charity. It remains critical for the charity going forward to focus on the charity's core mission, vision and values. Safe Child Africa remains viable because of the support of donors, funders, beneficiaries and other interested parties. The charity's strategy continues to be to ensure it best serves the needs of children in Nigeria.

The trustees also regularly review the financial position of the charity and have demonstrated the ability to take difficult but necessary actions to respond quickly to any changes in the organisation's funding, and as a result maintain funding for the delivery of projects in Nigeria.

Financial review

Financial position

The effective management of the charity's resources are critical to achieving the long-term goals of Safe Child Africa. To this end the trustees consider the financial management of the charity one of the key organisational priorities and are committed to ensuring that a robust framework of controls, reporting and oversight operate within the charity.

Financial Position

Incoming resources were higher than the previous year, amounting to £43,722 (2020: £40,867). The financial support of the charity's wide and diverse range of individuals, making regular and one-off donations, remain the primary source of income for Safe Child Africa.

It remains the priority of Safe Child Africa to direct its resources to delivering successful projects, the outcomes of this work set out in the operational review.

The trustees continue to take action to reduce direct costs by 67% (2020: 44%) and support costs by £256 or 7% (2020: 8% reduction) in the financial year ended 31 December 2021. Closely controlling expenditure has enabled Safe Child Africa to meet funding commitments to the charity's partners in Nigeria. The trustees continue to monitor the situation to ensure these costs are sustainable and appropriate moving forward as Safe Child Africa seeks to maintain the delivery of the charitable objectives of the organisation.

The priority for the charity is to continue to fund the ongoing projects delivering direct impact for children in Nigeria, through the grants made to our delivery partners on the ground.

Reserves policy

The trustees review the reserves policy of the charity regularly, and revise the policy as required to reflect the current status of the organisation and its commitments. Safe Child Africa has no commitments beyond one-month. As such the trustees consider the target level of unrestricted reserves that the charity should hold is £2,500 (2020: £2,500).

This is the level of funds the trustees consider to be sufficient to enable the charity to operate on a sustainable basis over the long-term, allowing Safe Child Africa to plan and develop a viable strategic plan. Proposals to utilise funds over this threshold are considered by the trustees on a regular basis.

Free reserves held as at the year end are £17,632 (2020: £4,997).

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SAFE CHILD AFRICA

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Financial review

Going concern

The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

COVID-19

In March 2020 the World Health Organisation declared the coronavirus outbreak a global pandemic. This event has caused wide-spread disruption to normal ways of working throughout the world for most of 2020 and 2021. There remains significant uncertainty over the extent and longevity of the outbreak.

Safe Child Africa has been able to continue to operate throughout this period and has been financially stable as a result of the ongoing generous donations of the charity's supporters. This has enabled Safe Child Africa to continue to maintain the grants to our partners in Nigeria to continue the critical frontline work with vulnerable children.

Safe Child Africa is also grateful for the resilience of our delivery partners in Nigeria, as the COVID-19 pandemic has presented serious challenges to maintaining services and dealing with increased demand in difficult circumstances caused by the pandemic.

Structure, governance and management

Ensuring that Safe Child Africa meets all of its statutory duties, complies rigorously with the requirements of the UK Charities Commission and all other legal and regulatory standards is extremely important to the charity. The trustees are acutely aware of the litigious environment in which the charity operates and the reputational risks faced from spurious accusations made against Safe Child Africa, and as such are committed to demonstrating the maximum amount of accountability and transparency as possible for an organisation of this size.

Trustees

The trustees have overall responsibility for Safe Child Africa. The trustees hold meetings periodically and are committed to delivering good governance of the charity to ensure it sets a good example and safe-guards against any reputational risks.

The board of trustees is a diverse and well-balanced group, with the requisite skills and experience required to monitor the charity, ensure compliance and set the strategic direction of the charity.

Senior Management

The chair of trustees also has responsibility for the day-to-day operations, having been given authority to act on operational matters as necessary by the board of trustees.

Policies and Procedures

There are a complete set of policies and procedures in place within the charity, in particular the child protection policy, which is fundamental to the activities of the charity. All policies continue to be subject to periodic review on a priority basis to ensure they meet the current standards of best practice.

Supporters

The supporters that dedicate their time and effort to the work of Safe Child Africa are some of the most passionate and inspiring people. The trustees want to express their immense gratitude for all the time, energy and effort that is contributed to the charity, as well as to all those who provide financial support. Without the input from everyone involved, the work of Safe Child Africa simply would not be possible, and what has already been achieved is a testament to the resilience of the collaborative team effort that the charity seeks to promote.

Page 5

SAFE CHILD AFRICA

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Approved by order of the board of trustees on 5 May 2023 and signed on its behalf by:

Mr J Trevett - Trustee

Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SAFE CHILD AFRICA

Independent examiner's report to the trustees of Safe Child Africa ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 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

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:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

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

  3. 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

  4. 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.

S W Hinnigan FCA CTA

Scott & Wilkinson Dalton House 9 Dalton Square LANCASTER LA1 1WD

9 May 2023

Page 7

SAFE CHILD AFRICA

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2021

Unrestricted
Restricted
fund
funds
Notes
£
£
Income and endowments from
Donations and legacies
2
43,722
-
Expenditure on
Charitable activities
3
Advocacy
3,665
-
Education
5,784
6,479
Protection
21,638
-
Total
31,087
6,479
NET INCOME/(EXPENDITURE)
12,635
(6,479)
Reconciliation of funds
Total funds brought forward
4,997
8,930
Total funds carried forward
17,632
2,451
2021
Total
funds
£
43,722
3,665
12,263
21,638
37,566
6,156
13,927
20,083
2020
Total
funds
£
40,867
5,208
9,165
25,286
39,659
1,208
12,719
13,927

The notes form part of these financial statements

Page 8

SAFE CHILD AFRICA (REGISTERED NUMBER: 05413970)

BALANCE SHEET 31 DECEMBER 2021

Unrestricted
Restricted
fund
funds
Notes
£
£
Current assets
Debtors
9
5,342
-
Cash at bank and in hand
18,930
2,451
24,272
2,451
Creditors
Amounts falling due within one year
10
(6,640)
-
Net current assets
17,632
2,451
Total assets less current liabilities
17,632
2,451
NET ASSETS
17,632
2,451
Funds
11
Unrestricted funds
Restricted funds
Total funds
2021
Total
funds
£
5,342
21,381
26,723
(6,640)
20,083
20,083
20,083
17,632
2,451
20,083
2020
Total
funds
£
2,029
13,372
15,401
(1,474)
13,927
13,927
13,927
4,997
8,930
13,927

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

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 5 May 2023 and were signed on its behalf by:

Mr J Trevett - Trustee

The notes form part of these financial statements

Page 9

SAFE CHILD AFRICA

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 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.

The charity is a charity limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

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.

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SAFE CHILD AFRICA

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

2. Donations and legacies

Donations and legacies
Donations
Gift aid
Trusts and foundations
2021
£
35,766
4,780
3,176
43,722
2020
£
36,205
4,662
-
40,867

3. Charitable activities costs

Advocacy
Education
Protection
4.
Grants payable
Advocacy
Education
Protection
The total grants paid to institutions during the year wa
Stepping Stones Model School
Bebor International School
Basic Rights Counsel Intitiative
SYDRI
Humanitarian League
Grant
funding of
activities
Support
Direct
(see note
costs (see
Costs
4)
note 5)
£
£
£
767
1,762
1,136
767
10,360
1,136
767
19,735
1,136
2,301
31,857
3,408
2021
£
1,762
10,360
19,735
31,857
s as follows:
2021
£
9,298
1,062
16,732
4,554
211
31,857
Totals
£
3,665
12,263
21,638
37,566
2020
£
1,494
5,427
21,539
28,460
2020
£
3,383
2,044
17,248
4,844
941
28,460

The grants were paid to Universal Learning Solutions CIC for distribution to the above institutions.

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SAFE CHILD AFRICA

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

5. Support costs

Support costs
Governance
costs
£
Advocacy 1,136
Education 1,136
Protection 1,136
3,408

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

Governance costs

Governance costs
2021 2020
Total Total
Advocacy Education Protection activities activities
£ £ £ £ £
Postage and stationery 15 15 15 45 38
Accountancy fees 424 425 425 1,274 1,405
Computer software and
maintenance 442 442 442 1,326 1,327
Office expenses 60 60 60 180 180
Bank charges 195 194 194 583 714
1,136 1,136 1,136 3,408 3,664

6. Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.

7. Comparatives for the statement of financial activities

Comparatives for the statement of financial activities
Unrestricted
Restricted
fund
funds
£
£
Income and endowments from
Donations and legacies
40,867
-
Expenditure on
Charitable activities
Advocacy
5,208
-
Education
9,165
-
Protection
25,286
-
Total
39,659
-
Total
funds
£
40,867
5,208
9,165
25,286
39,659

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SAFE CHILD AFRICA

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

7. Comparatives for the statement of financial activities - continued
Unrestricted Restricted Total
fund funds funds
£ £ £
NET INCOME 1,208 - 1,208
Reconciliation of funds
Total funds brought forward 3,789 8,930 12,719
Total funds carried forward 4,997 8,930 13,927
8. Independent examiner's remuneration
The independent examiner's remuneration amounts to an independent examination fee of £1,274 (2020 - £1,405).
9. Debtors: amounts falling due within one year
2021 2020
£ £
Trade debtors 1,516 969
Other debtors 3,826 1,060
5,342 2,029
10. Creditors: amounts falling due within one year
2021 2020
£ £
Trade creditors 5,380 274
Accruals and deferred income 1,260 1,200
6,640 1,474
11. Movement in funds
Net
movement At
At 1/1/21 in funds 31/12/21
£ £ £
Unrestricted funds
General fund 4,997 12,635 17,632
Restricted funds
Restricted education 8,930 (6,479) 2,451
TOTAL FUNDS 13,927 6,156 20,083

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SAFE CHILD AFRICA

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

11. Movement in funds - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 43,722 (31,087) 12,635
Restricted funds
Restricted education - (6,479) (6,479)
TOTAL FUNDS 43,722 (37,566) 6,156
Comparatives for movement in funds
Net
movement At
At 1/1/20 in funds 31/12/20
£ £ £
Unrestricted funds
General fund 3,789 1,208 4,997
Restricted funds
Restricted education 8,930 - 8,930
TOTAL FUNDS 12,719 1,208 13,927

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 40,867 (39,659) 1,208
TOTAL FUNDS 40,867 (39,659) 1,208

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SAFE CHILD AFRICA

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

12. Related party disclosures

Universal Learning Solutions CIC

Mr G Foxcroft, Mrs NJE Foxcroft and Ms L M Gittins (trustees of the charity) were active directors of Universal Learning Solutions CIC during 2021.

During the year the charity made payments to Universal Learning Solutions CIC of £31,857 (2020: £nil). These funds are paid to the CIC in GBP and then passed on to the charity's Nigerian partners in local currency. The charity essentially uses the CIC as a money transfer service. There was an outstanding creditor balance for Universal Learning Solutions CIC at the year ended 31 December 2021 of £5,339 (2020: £nil).

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SAFE CHILD AFRICA

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

2021 2020
£ £
Income and endowments
Donations and legacies
Donations 35,766 36,205
Gift aid 4,780 4,662
Trusts and foundations 3,176 -
43,722 40,867
Total incoming resources 43,722 40,867
Expenditure
Charitable activities
Fundraising costs 2,301 7,022
Currency commission - 70
Computer software - 443
Grants to institutions 31,857 28,460
34,158 35,995
Support costs
Governance costs
Postage and stationery 45 38
Accountancy fees 1,274 1,405
Computer software and maintenance 1,326 1,327
Office expenses 180 180
Bank charges 583 714
3,408 3,664
Total resources expended 37,566 39,659
Net income 6,156 1,208

This page does not form part of the statutory financial statements

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