REGISTERED COMPANY NUMBER: 05053927 (england and Wal••) REGisfERED CH&4RrrY NUMBER.. 1118989 REPORT QF. THE TRusfEESIND UNAUDJfED FINANCIAL STAT.EMENTS FQR.TIIE YE4R ¥_ND 21 MJRCTrI. 2025 4.BPHMEIUUZMITED Xeinadin Swth East Limited Unlt 68 Bosepoint Shearnay &Jslne55 Part Folkestone Kent CTi9 4RH
&_R.DHMERIA_IIM.ZTED CONTENTS OF THE FINAaL..T&[Ef{E for the Y_qa.r ¥nded 31 March 2025 Page Report of th? Trustees I to 5 Independent Examiner's Report Statement of Flnanclal Actlvitles Balance Sheet Notes to the Financial Ststements Detslled Statement of Flhanelal Artlvtt4•8 9 to 13 14
ARDHMER¥A. UMrreD REPOAT QF THÉ TR_Es for the Year .End¢d 31 Mprthc IQ15 The trustees who are also directors of the chadty ft¥r the purposes of the Companles Act 2006, present thelr report wlth the financial statements of the eharity for the year ended 31 March 2025. The trustees have adopted the provlslons of Accountlng and Reportlng by Charitles". Statement of RecomrnerKled Pract4 applicable to charltles preparing thelr accounts In accordance wlth the Ffnandal Reporting Standard applicable In the UK and Republic of Ireland (FRS 102) (effertlve l January 2019>. The organ15ation Serves Its community fotuslng on chlldren and your4J people as well as cèpacity bulldlng for the communlty at large. It continues to be a key organisatlon for promotlng Albanlan lture. educatlon, Integratlon, and empowerment In the UK. OBJEcfIvES AND AcfIvITZES Objectlves and aims To maintèlni promote and enhante the academlc success of the supplementsry Afbanlan ¢lasse5 all over Greater London èreè and fijrther afleld. as requlred. - To engage young people in dlfferent sport and capgoty bulldlng athvities. To provlde.trainlng, support ano confédenee-building for Albanlan speaking women, Includln9 awareness nd tacklln9 domestlc èbuse in the community, tralnino, and academic developmenL addressing Sssues of human trafficklng and modern day slavery to name è few. - To create, malntaln and develop 5trate9lc partnershlps wlth appropriate orgJnlsations in the publlc and private sector in supportlng the alms and aspirdtions of Ardhmeria and the Albanian Communlty. - To become and retsin the status as the focal polnt of contact for government and voluntary agendes both In the UK an(r èbroad, in order to provide sound advice and Informed Idea$ on communlty Oevelopment issue5, To be an "Ambassadorf organlsatlon of the communlty. - To promote self-empowerment for refu9ee5 and asylum seekers wlthin the Albanian communlty. To ralse awareness of legal rlghts, cltizenshlpi dutles and requ1ments, dther as UK Citizens. refugees or asylum seekers WFthin the Albonian comrnunlty. To estsbllsh and maintaln links wlth other slmllar organlzatlons that provlde support to Yefvgees, asyltsm seeker communities, including government and voluntsry organlsatlons. To irnprove the mainstream educational achievements and the self-confidence of Puplls, the majority of whom come from the Albanian community, by provlolng Out-of-school extra teèchlng In Engllsh and Maths. To be at the forefront of helping the community further Integrate In the Brltish way of Ilfe, yet retalnln9 and promoting core Albanian values with which the community is Identlfied and takes pride in. To develop capacltles withln the communlty and therefore enable it to inltlate, develop anfl implement projects that SUk)POrt the commLtnlty and Society Bt lar9e. For example, working in partnershlp with Local Authorltle5 and other re5ponslble bodies to deliver an outstanding sodal seNlces, houslng, envlronment service etc. To provlde plntS from Albanlan-origin famllles with sUPPOrt for themselves; and to a$5i5t them support their d)ildn better In mainstream schools. The primary purpose of the tru5tees' annual report Is to ensure that the chadty Is publidy accountable to its stakeholders for the stewardship and mana9ement of the funds it holds on trust. The report Is prepared to assist the user to make economlc deci51on5 in relation to the chèrity 4nd to assess Ardhmerta's progress against its objertives and to understsnd its plans in relatlon to Its purposes. Page I
ARDHMERIA LIMJT_ED REPORT OF THE TRUSTEES for tILe.Y.yr EJd¢d 31 .Marth_ 1_025 OBJECrnIES AND ArnVZTIES Public benefft Ardhmerla Is not set up with finanoal management In mlnd It Is set up In SpOnse to a Communlty need, by founders who have a passlon to create change and dellver on a mlsslon. The staff members as well a5 volunteets have worked hèrd durSng the year and have managed èll asperts of the work dellvered by Ardhmeria such as the Albanlan supplementsry xhools across London, communty engagement, development and malntenance of pèrentsi skills. communicatlons and many other areas 8dmlnlstratlon. Slmilarly• those who slt on a charity's trustee board, or spend their days w¢yklng for it, we all become involved because we believe in Ardhmeria'5 Cbjertlves. aims and aspirations 11 the trusties. mèmbers are particularly financially Ilterate or competent. Yet from the day th8t we gain our first Income flnanckl management betomes a conslderatlon. a factor impacting upon the charity's success. As the charity has grown, finandal Issues have become more promlnent, presentlng ¢halfen9es, Inslght, threats and opportunltles, and how finan Is approBched comes to play a key role In the detemlnlng thè charlty's attions, impart and sustainabllity. The Flnanclal year 2024/25 was both a challenge and progress for Ardhmerla. The organisatlon achleved notable succe55 in deliverin9 its programmes and engaging with its community. We would [e to thank all those who provlded fvnolng and helped us contlnue, develop ènd Implement our projects, and every one setting up ènd taking Ardhmeri8 forward, my fellow director5, our members and everyone who has olven US 5UPPOrt and guldance over the last year. Without all the Communlty don?tlon and other fvndlng Adhmeria quite simple wouldn* exist. Page 2
ARDMMEIUA .LIMITFD 8_EPRT_OF THE TRUSTEgS for the Year Ended 31 Narch 2025 OBJECTIVES AND AcfzvITIES Achlevements and Performan¢e: Trustees, member5, volunteers and Staff have demonstrated signlficant commltment to all of Ardhmeria's serwio users in developing and Implementing proJertS that support the wider agenda of the oryanisatlon. The financial position of Ardhmeria Is set on pages 7 tt 8. In 2024-25 total In¢ome was £86 294 (2023-24; £32,037) flettIng strong community enga9ement, grdnt success, an(1 partnership worklng. Fundlng wa5 primatY sourced from parent contributiorts, local buslne5s donations the Ycwn9 Westminster SLipplementary School, and Maln Grant fundlng. Totsl expendlture was £59.257, prlmarlly for teaching, rent, eveDts, and professlonal seryice5. The oryanlsation achleved a net surplus of £27,037, whlch has strengthened the financial positlon for future work. We gratefulty ackledge the support of fvnders, especialty Sport England and Youn9 Westmlns¢¢r Supplementary School. whose contrlbutions enabled ongoing delivery of Albanlan language dasses. cultural events, and integrntlon actlvities. These Included both fatrto-face and online leaming a5 well as engagement with over loo disadvantaged young people through sports, employabillty, and skIllsUl1dlng activltles. As èn or9ani5atlon, we are commltted to Stsff retention and their on9olng development,. all staff are rrained on aspects gjch as such safeguarding chlldren and vulnerable adults, health and safety and flrst aid and they are encouraged and sUPPDrted In thelr attempts for slgnlficant relevant Conynulng Professlonol Development ICPD), Reseves Otjr Charity trustees have a fvndamental duty to mBnage the Charlty's assets the best Snterests of tts beneficlaries, In thls case our Community as a stakeholders. The trustees conslder the current level of re5erve5 appropriate, given the support from funder5 and continued donor engagement. Ardhmeria does not currently aim to hold slgnificant resetves but ensures sustainability through careful financial plènnln9 and S*wardship. Our plans for the futu The report provlde5 a summary of the charity's plans for the future, indudin9 it5 aims and obJettlves and details of any octlvitles planned to achieve them. We continLFe to benefit frorn long running conslsteTrt funding and voluntary support in the communlty and do not foresee a materlal risk on the ability to continue a5 an organlzatlon on an ongolng bases, There are a number of challenges we wll focus on for the year ahead and future years, as summarised below: Change management we believe that the past is for ferefiCe not for residence. We learn from the past but live present and plan for the fijture. This is a statement, we know, but It defines that we are recipient to change. Cvntlnue tctr srrengthen and broaden our supplementary Albanlan language classes this year. We are In the process of identifyin9 areas with a significant number of Albanlan d)ildren of the 5-16 grofjJp age and wlll then working with Local Authorities an¢ schools directly and parents to secure prwnises and school attendance. The Board will regularly review the five-year plan for the organisation ensuring it 15 cUrnt wlth tP communlty needs. The thalr of the board is responsible for coordlnatlng this by each year and ensurlng Board approval. Create new opportunitles for developmenl and actlvity, fgcu5ing on.. Services for young people. work in partnershlp wlth Local Authorities and other agendes to provide support to unaccompanled Mlnors from the communlty Find ways to provlde 5ervic6s to other young people from the communlty indu(Jin9 Identity. sports. drama events, home work groLfp5 etc.
ARDHMERIA LIMrrED REPORT OF rnE TRUSTLE_$ for the Year Ended 31 Marcb 2Q.25 OBJEcfxvES AND ACTIVITIES Services to the older people in the communlty. contlnue the research to inform the numbers and need for services to thi5 client group and then Identlfylng ways of developlng and implementlng. An exampk 15 exploring the possibility to become a sheltered housing enabler/provider. Be the leading organisatlon amongsi the Albanian communty to engage and develop a cohesive approach to our community worf(. Be the focal polnt of contstt for government and voluntary organlsatlons for the benefit of the commLtnlty. Beo)me an advlsory orgènisaiaon to relevant organtsknons on IssuÈ5 affecting the Albanian communlty the UK. - Work closely with the governments of the UK, Albania, Kosovo a$ well as rElevant other Organisations in order to continuously improve the Se1$ to the communlty. Tre Direttor and the Board airns to have a target driven organi5atlon, wlth high callbre outputs and stèndards. Our approach will be SMART to everything we do for the oryanisatii>n and its SeN1 usets. We will continue to revlew the needs to ensure that the mother tongue and other actlvitle5 remaln appropriate for our service users development. The trustses are confident in the charlty's èblllty to contlnue dellverlng hlgh-lmpart, eommunlty-led pmgrèms in the coming years. As outlln¢d above, in our professional oplnion and assessment, the organisation Is 501vent and weN managed flnancffialfv. STRucfuRE, GOVERNANCE AND MANAGEMENT Governin9 document The rharlty is Controlled by its govemin9 document, a deed of trust, and constitutes a Ilmited cornpaftyi Ilmited by guarantee, as defined by the Companies Act 2006. REFERENCE AND ADMINISTRATXVE DEfAILS Registered Company number 05653927 (Engknd and Wèles) Registered Charity number 1118989 Re9isiered •>ffice Gn)und Floor, Standard House 107-115 Ea5tmoor Street Londorb SE7 8LX Trustees Mr L Krashi MF5 V M¥lokLF Mr E Mata Mrs M Skura (reslgned 30.10.24) Mr M Kiri (appolnted 22. 11.24) Mr R Palaj {appolnted JO.6.25) F Iliazl (appolnted 10.6.25} A Zyno (appointed 23.5.25) Company Secretary rs M R Zagragja Pa9e 4
ARDHMERIA LTMITED REPQRT OF TTrIE TRVSJEES fp.r the Year End?.1 Marsh 2025 REFERENCE AND ADMINISTrATIVE DETAILS Independent Examlner Xelnadln South East Umited Unit 68 Basepoint Shearway Buslne5s Park Folkestone Kent cr19 4RH Approved by order of the board of trustees on by.. and Signed on It5 behalf Mr L Krashl - Trustee Page 5
rNDEPE.NDENT EXAMINER'S REPORT TS_I.THE TRUSrEES OF ARDBMERIA LIIiITED Zndepeftdent examIne$ raport to the trustses of Ardhmerla Llmited ('the Company,) I report to the charity trustees on my examinatlon of the accounts of the CDmpany for the year ended 31 March 2025. Responsibilttses and ba$ls ol report As the chamty's trustees gf the Company (and also Its direttors for purpose5 of company law) you are responslble for the preparatlon of the accounts in accordance ¥vith the requirements of the Companles ALt 2006 ('the 2006 Act.). Havlng SatiSfd myself that the accounts of the Company a not requlred to be audlted under Part 16 of the 2006 Att and are ellglble for independent examination. I rEPOrt in re5pett of my examlnatlon of your charfty's accounts a5 carried out under Section 145 of the Charities Act 2011 ('the 2011 Att.). In carrylng out my examinatlon I have followed the Directjons glven by the Charfty Commlssion under Sectlor+ 145(5) (b) of the 2011 Art. Independent examlner's statem¢Trt T have ¢ompleted my examinatlon. I confirm rhat no matter5 have come to my attendon In connection wlth the examinatlon glvlng me cause to believe., accountlng record5 were not kept in respert of the Company Bs requlreé by Sectlon 386 of the 2006 Act,. or the accounts do not accord with those records,. or the accounts do not comply wlth the accountlng requlrnments of Sertlon 396 of the 2006 Art other than any requlrement that the accounts glve a true and falr vlew which Is not a matter consldered 5 part of an independent examination; or the accounts have not been ppared In aC0)anCe with the meth¢)ds and princtpfes of the 5tstement of Recommended Practi for accountrng and reporting by charities (applicable to charities preparing their accourbts in accordance wlth the Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102)), I have no nrnS and have come èCr05s no other matters In connettion wlth the examination to whKth atttIOn should be Llrawn in th15 port In order to enable a proper understanding of the accounts to be reached. Nick May FCCA Xeinadln South East Limited Unit 68 8asepoint Shearway 8uslness Park Folkestone Kent cr19 4RH 2214 IL).,,..,...,............. Pbge 6
A_AD_HMEAII LJ.MrrED STATEMENT OF FlNAN_cI&L.Arn.TjEs for th¢ Year Ended 31 March 202 31.3.25 Totsl fiinds Unrestricted Restricte<l fvnd fund 31.3.24 Totsl furKIs INCOME AMD ENDOWMEPITS FROM Donations, legacies and grant5 Notes 70,798 15,496 86,294 32.037 expENDrruRE ON Ralsing funds 13,855 Ch•rltsble artlvltles Grants 2,839 20.841 23,680 14,157 Other 35,447 130 35,577 3,710 Total 38.286 20.971 59,257 31.722 NET INCOME/(EXPENDrruRE) 32,512 (5,475) 27.037 315 RECONCILIATION OF FUNDS Totsi fund5 br(xrght forward 1,294 7.109 B,403 8,088 TOTAL FUNDS CARRIED FORWARD 33,806 1,634 35,440 8,403 The notes fom part of these financlal ststernents Page 7
A_RDHEA LIMrrEp BAJANCE SHEET 31 Mar£b 2Q3.5 31.3.25 Totsl funds 31.3.24 Total fund5 Unrestrlcted fund Re5trlrted fund Notes FZXED ASSETS Tangible a55ets 134 134 263 CURRENT ASSETS Debtor5 Cash at bank 356 40,510 356 45,737 382 9,342 5,227 40,866 5.227 46,093 9,724 CREDITORS Amounts falllng due within one year (7,060) (3,727) (10,787) (1,584) NET CURRENT ASSETS 33,806 1,500 35,306 8,140 TOTAL ASSETS LESS CURRENT LIABIUTtES 33,806 1,634 35,440 8,403 NÈT ASSETS 33,806 1,634 35,440 8.403 FUNDS Vnrestritted funds Restrtrted funds 33,806 1,634 1,294 7,109 TOTAL FUNDS 35,440 8,403 The charltable company Is entitled to exemptlon from audit under Settlon 477 of the Companles Art 2006 for the year ended 31 March 2025. The members have not requlred the company to obtain an audit of its finaDetal statements for the year ended 31 March 2025 In accordance wlth Sertion 476 of the Companies Art 2006. The tnjstees acknowledge thelr ponsIbIlItIeS for (a) ensuring that the charttsble company keeps account6ng records that comply wth Sectlons 386 and 387 of the CompanFe5 Art 2006 and (b) preparing flnandal statements which glve a true and falr vlew of the stste of affai ot the chahtsble company as at the end of each flnancial year and of surplus or deficit for each financial year In accordan with the requirements of Sertlons 394 and 395 ènd which otherwise compTry with the requlrements of the CompanlÈs Art 2006 relatlng to finanrlal statements, 50 f4r as appllcable to the charitable company. These financlal stètempnts have been prepad in èccordance with the provlsion$ applloble iv charltable companles subject to the small companies re9lme. The financlal statements were approved by the Board of Trustee5 and authorlsed for Issue on and were slgned on its behalf by: Mr L Krasiil - Trustee The Mtes fom part of these financlal statements Page 8
ARDHMERIA UMrrED NOTES TO THf.EINANCIAL STATÉMENT for thé Year EDdAd.21. lJarsti_20a5 ACCOUNTtNG POLICIES Basis of preparlng the flnancial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charltie5 SORP {FRS 102) 'Accounting and Reportlng by Charities: Statement of Recommended Practice applicable to charitie5 preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102) (effectlve l January 2019)., Financlal Reporttng Stsndard 102 The Flnancial RÉportlng standard appllcable in the UK and Republic of Ireland, and the Companles Act 2006. The fin?Dclal statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Flnancial Ad1vIt once the charfty has entStthent to the funds, It Is probable that the Income will be e1Ved Jnd the amount can be measured reliably. Unrestricted Restrfcted Funds Funds 202S 2024 t)natIOnS received Young Westminster Supplementsry School Young Westmlnster BFF Maln grants - Sports England 68,905 68,905 18,940 6,027 6,027 1,894 9,468 11,362 13,097 70,799 IS.495 86,294 32,037 Expenditure Llabilities are reco9nised a5 expenditure as soon as the is a legal or constructive obllgation committing the charity to that expen(diture, Ft is prubable that a transfer of economlc benefits wlll be requlred in settlement and the amount of the obligation can be measured reliably. Expendlture Is accounted for on an accruals basis ènd has ljeen classified untler headings that aggregate all cosl related to he category. Where costs cannot be directty attributed to particular headlngs they have been ollocated to activlties on a basls consistent wlth the use of resources, Tangible fixed assets Depreciation is provlded at the following annuèl rates in order to write off each asser over Its estimated useful Ilfe. Computer equipment 33% on cost Taxatlon The tharity is exempt from corpDration tax on Its charltable activltles. Fund attountin9 Unrestricted funds can be used In accordan wlth the charltable obSectlves at the dlscretton of the Restricted funds can only be used for paruculèr restrltted purposes wlthln the objects of the charlty. Re5tri¢tions arise vihen specified by the dontsr or when funds are ralsed for particular rÈStrictÈd purposes. Hlre purchase and leasing commltments Rent?15 paid under operatin9 leases are charged to the Statement of Flnancial Art¢vitie5 on a straight line basi5 over the perlod of the lease. Page 9 contlnued...
ARDHMERIA LKMITeD NQTES TO THE FINA -JaA_L STATEMEJTS. * contlnued for the Year Ended 31 .March_?Qi5 NET INCOME/(EXPENOrnIRE) Net incomellexpenditure) is stated after charglng1(creditlng).' 31.3.25 31.3.24 DepdatiOn - owned assets Other operatlng leases 129 16,164 162 6,120 TRUSTEES. REMUNERATION AND BENEFrrs There were ng trustee5' remuneratlon or other benefits for the year ended 31 Marth 2025 nor for the year ended 31 March 2024, Trustees. expen$e$ The were no trustees. expenses pèid ft)r the year ended 31 March 202S nor for the year ended 31 March 2024. srAFF COSTS The average monthly numkr of employees during the year was as follo. Dlrertors 31.3.25 31.3.24 No employees recelved emoluments In ex$$ of £60,000. COMPARATIVES FOR THE STATEMtKr OF FINANCIAL AcfivITZES Unrestricted RestrfLted nd fund Total funds INCOME AND ENDOWMENTS FROM Donations. legacies and grants 18.939 13,098 32,037 EXPENDrruRE 011 Ralslng fund5 13,855 13,855 Ch4rltsble artlvltl¢s Grnnts 11,032 3,125 14,157 Other 2.777 933 3,710 Total 27,664 4,058 31,722 NET INCOME/(EXPENDITURE) (8,725) 9,040 315 RECONCJLZAllON OF FU14DS Total funds broLtght forward 10,019 {1,931) 8.088 TOTAL FUt4DS CARRXED FORWARD 1,294 7,109 8,403 Page 10 contlnued...
ARDHMERIA uL4_rrED NOTES TO TèLE FIN4N£IiL STATEMENTS - ¢_gmt_Inued for the Year Ensl¢4 31 March 2925 TANGIBLE FIXED ASSETS Compurer equipment cosr At l Aprll 2024 and 31 Narch 2025 3.643 DEPRECIATION At l Aprll 2024 (harge for year 3,380 129 At 31 March 2025 3.509 NEf BOOK VALUE At 31 March 2025 134 At 31 March 2024 263 DEBTORS: AMOUNTS FALLING DUÉ wfTHZN ONE YEAR 31.3.25 31.3.24 Prepayments 356 382 LIIEDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Deferred income Accrued expenses 9.046 1,741 1.584 10,787 1.584 MOVEMENT IN FUNDS Net movement In funds At 31,3.25 At 1.4.24 Unrastrlrted funds General fund 1,294 32,512 33.806 Restrltted funds RESTRIED 7,109 (5,475) 1,634 TOTAL FUNDS 8,403 27,037 35,440 Net movement In fund5, Induded In the above are as follow5.. Incomlng resouros Resources expended Movernent In funds Unrestricted funds General fur* 70,798 (38,286) 32,512 Restrirted funds RESTRICTED 15,496 [20,971) (5,475) TOTAL FUNDS 86,294 (59,257) 27,037 Paye 11 contlnued...
NOTES TQ TH.E FXNANgALSTbTE14EllTh.._contlnuo for the Yeor End•d_31 March 2Q25 MOVEMEKf IN FUNDS - cotstlnued Comparatives for movement in funds Net movement In funds At 31.3.24 At 1,4.23 Unrostrlcted funds General fvnd 10,019 (8,725) 1,294 R•strl¢ted funds RESTRICTED (1,931) 9,040 7,109 TOTAL FUNDS 8,088 315 8,403 Comparative net movement in funds, included In the al)ove are Js folk+ws'. Incoming Resources Movement resources expended In funts Unrestrl¢t•d funds General fund 18,939 (27,664) (8,725) R•stricted funds REsTricfED 13,098 (4,058) 9,040 TOTAL FUNDS 32,037 (31,722) 315 A cuent year 12 rnonth5 and prior year 12 months comblned posltlon Is as follows: Net movement In funds At 31.3.25 At 1.4,23 Unrestricted funds General fvnd 10,019 23,787 33,806 Restrl¢ted funds REsfRicfED (1,931) 3,565 1,634 TOTAL FUNDS 8,088 27,352 35,440 Page 12 contlnued...
ARDHMERIA LIMrrED NOTES TO THE FINANCIAL sfATEMENTS - Continued for the Year Ended 31 Mar¢h 2025 MOVEMENT IN FUNDS - Continued A current year 12 months and prior year 12 months combined net movement In funds, Included in the above are as follows: Incomlng resources Resources expended Movement in funds Vnrestrlcted funds General fund 89,737 (65,950) 23,787 Restrlcted funds RESTRicfED 28,594 (25,029) 3,565 TOTAL FUNDS 118,331 (90,979) 27,352 10. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page 13
ARDHMERIA LIMITED DETAILED STATEMENT OF FINANCIAL AcrIvmES for the Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donations. legades and grants Donations Grants 68,905 17,389 18,940 13,097 86,294 32,037 Total Incomlng resources 86,294 32,037 EXPENDITURE Support costs Management Telephone Website development and advertlslng Subcontractors 1,407 50 33,794 I,oio 250 8,306 35,251 9,566 FTnance Bank charges 72 72 Other Rent Insurance Charitable attivities - Cultural event Computer equipment depreciation 16,164 461 5,439 130 6,120 35 14,157 162 22,194 20,474 Governance costs Sundries Accountancy and legal fees 26 1,584 1,740 1,740 1,610 Total resources expended 59,257 31,722 Net income 27,037 315 This page does not fomi part of the statutory financial statements Page 14