CharSty rFgistration number 11￿648
Company reglstratlon numbèr l)6021283 (England and Wales)
NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

NEW HEIGHTS-WARREN FARM COMMUNrrY PROJECT
LEGALAND ADMINISTRATIVE INFORMATION
ChainNn
Mrs Ftynn
Dlrèetors
Mr S Flynn
Mr J Lowe
Mr J McGorman
Mr M Daly
Mrj H8ad
Mrs S L Byme
rs C Gutteridge
Mrs S Cross
Mrs M Lordan
Mrs C Walk8r
Trustees
Mr S Flynn
rJLowe
Mr J Mclknmian
Mr M Daly
MrJ Head
Mrs S L Byme
Mrs C Gutleridgo
Mrs S Cross
Mrs M Lordan
Mrs C Walker
Secretary
Mrs S L Byme
Associate
Thè QuaThJ Nguyen
Charity number
1196648
Company number
06021283
Registered offi
124 Warren Farm Road
Kingstsnding
Bimiir*gham
B44 OQN
Independent examiner
E(1wardSA￿0Untants IMidlaThJsl Limited
34 High Streel
Aldridge
Wal$811
Wesl MltJlands
WS9 8LZ

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
CONTENTS
Page
Twstees, repLYt
Independent examinerfs report
Statement of financial activilies
10
Balan￿ sheet
11
Notes to the financAal statements
12-20

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees pr&sent their report and financial statem&nts for the year ended 31 December 2021 1 WC￿ld lÈke to thank
all the staff, trustees and volunteers for Ihetr wort during this year.
As a ¢harty we are proud that we have been SUp￿rted by so many fvnders in Ihe last year induding National Lottery.
Henry Smith. Sutton Coldfield Muniapal Charitable Trust. Bimiintham City Council, Children in Need, Williem
Cadbury and many others.
The accounts havè bagn proparg(l in a¢¢ord8nce with the ac(x)unling pdicies sel out in ￿te 110 ts accounts and
(xjmpty with Ihe tnjsys goveming dotumenL the C¢)mpAnies Act 2006 and ¢he Statement ￿ Recommende(I Practice.
"Accounting and Reporting by Charili8s". issued in March 2005.
Structur•. governance 8nd management
Tho Company has now been regist&red 8$ an incorptsraled ch8rtty l¢Jl)arity no. 1196648) and rePla￿S the
uninwrporated charity leh8rity no. 1120869) This a¢tion has been taken lo eliminate any confusron btheen the
slabjs of the Company and the unincLJrporated charity and has been approv&l by th8 Chartty Commission. Our
Inten￿n is to dose the Uninco￿•raIed charity once all matters have been settled.
The trustees. vtho 8re also the direclors forthe purpose of coNp8ny law. snd served duriny the year and up 10
th8 d8le of slgnaknro of the finan(yal statements were..
Mr S Flynn
Mr J Lowe
Mr J McGoman
Mr M Daly
Mr J Head
Mrs S L Byrne
Mrs C Gutteridge
Mrs S Cross
Mrs M Lordan
Mr S Mcmeavy
Mr5 C Walker
(Resigned 9 November 2023)
None of the trustees has any beneficial interest in the company. All of the trustees are members of Ihe Company and
guardnt* to contrSbute an am(yJnt not exceeding £10 in the event of a winding up.
The companvs current polscy COr￿nIng the payment of trade creditors is to follow th& CBI'S Prompt Payers Ccxye
IctVi85 are 8vail3bl8 frotn the CBI, Centre PoinL 103 New Oxfortl Street. L¢Jndon WC1A 1DUI.
The companvs current poltrcy the payrnent of trade creditors is to".
se￿• th8 tèrms of payment wilh suppliers when agreeing the tern￿ of each transaetton..
ensure that suppliers are made aware ol the tewm5 of payment by indusion of the relevant terms ￿ G¢)ntracts,'
pay in a(￿rdance WTth the wmpanvs contractual and other legal oblbjaticffls.
Thg tharity continues to recgW8 SUPPOrt fr(Nn ChFi8t thg K￿9 Calhdic Clwrch. ￿ngstanding. We also work In
partnership wilh other local ¢*arilies.

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
TRUSTEES. REPORT {CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
Our alms. obl•ctlv•s. vliion #nd actMII•s
Our charity's purposts ara set out in the objets ¢$￿t￿ne￿ in th8 ¢h*itl$ trust dgod.
Charfty Aim
To meet the needs of the most disa¢fvantaged ￿eMberS of the Kingstsnding eommunfty and to help to bring about
sodal cohesion.
Objectives
1. To relieve elderty people resident in the KiThJstanding communty who are in need in any manner as the
trustees may from time to time delermine.
2. To act as a resource for young people living in the Kingstsnding community by provKling advlce and
a5￿5￿￿￿e and organising pwrammes of physical, wjucational aThJ olher actiV￿eS as a mearbs of .'
la}Advancing in lrfe and helping youny people by developing their skilL%. (apatit￿$ and GqP8bilities to enable Ihem to
participate in so(yety as independenl.maknre and responstble indivwjuals.
Ibl Adv8ncing &luaqb"on.
(cl R•li•virKJ un8mFAoyment
Id) Providing recreational and leisure time activty in the interests of social y￿￿are for Feople li￿ng in th9 area of
benefit who have need by reason of their youth, ag8. infinmity ot dr&ablty. pJv8rty or sotial and 0￿￿￿Mi¢
¢ircumstan¢es with 8 wew to improving the life of suth Kwsons.
3. To advance the educatw ￿ and prestrrve and prote¢t the health of parpwts, particularty vulnerablg pa￿nts.
4. For such charitable purposes as the trustees may from t*ne to time detemiine.
Our vlsion
Naw H6¢ghts Charity is'AwolcomirwJ oasis forlho whoJ& (xmnffwty. supporting personal improvgmonL stronger
family Irfa. communtty cohesion and those in the vnost rEed.'
stratsgic P￿n
Our project managar Shantal Carty has18d us vary 8ff8ctively durirKJ the wr. She has b6en very succassfijl
in building new links and relalK)n$hips with new parlnets. 11 is for example great to see our links with local
schools be￿)￿1￿￿ stronggr.
We conb.nue to use ancl monitor the effectiveness of a 3 year developmenl plan. The Board with staff ￿centlY
produc8d 8 plan to cover the period from Jan 2023-December 2026. Th& Board considèrs Ihis pfan
at each meeting and revlews progress m&le In the achievement of agreed oblectives. It has pmed to be a
Vary Useful t(K)l.
Thls approach hdps us to".-
• Ensure our 8Ctivities remained focJJssed on our staled charity obieets
. Review poll¢y & pIL￿ed￿re and update documents & training
. Ensure Ihat safeguarding has a high priority.
WO hav8 refeN*J to gUKlan￿ contsln&l kn the Chaty c￿MIssIOn.$ gen8r81 guidant% on publlc benefft
wh8n reviewing and plannirvJ our activit￿$. In p8rlicul8r. th8 trust88S Ix)nsKl8r how FAanwl adiwti8s
contribute to meeting aims and obiectwes.

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
TRUSTEES. REPORT {CONTINUED)IINCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
Intemal o)ntrol risks are minlmlsgd by Ihe implemantatton of procedwes for authorlsalon of all transa¢llons
an¢ projects. Proc8dur8s are in pla(* to ensure c(m)pliance with h88lth gnd $8fety of stsff. volunteers.
d￿nts and visitors to the Centre. These PrO￿d￿reS are periodtcally revlewed to ensure that continue
lo meet the needs of the Charity.
How our activities deliv•r public benofft
Our main actlvitie5 and those who we try to heb are described below. All our Charitab￿ activities focus on
working with people in the Kingsknding Ward arvj surrounding area who are Irthg in challenging cirojmstsncgs.
Ta meet the charlty's ¢*leetlves ￿ dellver a range of seNlces ineludlng:
. Dornesb'c Abus8 Couns811ing Sgrvtce
. Advice & Advocacy Service on Welfare. Disability, Housing & Empbymenl
'Community Cafe'_ indLNJing opportunities for volLsntoors lo gain awredited qualSfic8tsons.
. Luncheon Club. BtrfrieThJing & Tai Chi
. Monthly Community Meals & FestNal Celebralions Ichrislmas Day & Easter Sunday)
'Le$t we Forgev Dementia Choir
'Imagine' mental he811h support group
. New Heights Youth Fowm
. Youth Social Action Projeds
* Running & Exercise Groups for Y(￿ng people. adults and families
. Cornmunity Consultation
. Community and Educational Trips &.g. to H(yJse of Parliament
Arts & Crafts
. Seated Exercise
. stay Leam & Play
To enhance community sUpportwith￿ the charitys obiectives we facil¢tate dellvery of activities
by partnors Includlng:"
. Education support (Saturday Maths. English. Science & ITdassesl
. Al¢xJhol Support Meetings {M&AI-Anonl:
* Health Eating group
. Narcotics Anonymous
• Homèst8rt
Bimingham Mind
. 82Work
. Thrive
Bimiingham Adulk Edu<%b"(Ai
. North Bim)ingham 4 Ukraine
To meet the charity's ¢)bjectives. we deli¥eT a range of services including.."
• DotnesticAbusg Couvtselling SeNi(£ ItelephonÈ. so¢ial med&q. ztx)m, WhyPay, etc.)
. Advl¢e & Advocacy SeNice on WeKare, Disability. Housing & Employment
• Community Nèwsletters
• Telephon9 Befrianding
. Cards of Kindness
'Weekty Liv8 Chat. on social media
. Wee￿Y CommLJnity Meall Christmas Day Festive Meal deliveries
. Wam Centre with fw hot drinks Isn8ths to (x)mbat fuel and f￿1 poverty
. Support to children and familiès:
School Holiday Youth S(Kial Arbon, ￿b¥ity pa(*s
A Toy library

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
TRUSTEES. REPORT ICONTINUED)IINCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
Weekly thildren's activity packs {under 5's & school ag8 ehildrenl
Story Book Bags
Free SdK)ol Hdiday Chiklren's community meals
A Small group activltes e.g. knitting and ¢rod)el group
M88ting Th￿)M for community griKJps
A Chlldren's Communlty Meals every luesday IhursiJay
Book Grfting Servi
Wgdnesday Quiz (aub
Wh¢ used and btnefttsd from our Sèrvlces?
One of our strategies is to engage with other provt(kn and help them reach their target beneficiaries. This has led us
inlo strong partnerships ￿r¥3Standing Thursday Club. Imagine {Mentsl Health Sew Help Groupl. Alwholics
Anonymous. Al-anon, as well 8s many othèrs. W8 0ff9r thèm go￿ meeting facililie5, ne￿OrkS, promotion of thèir
services and Intor-ag￿cY conts
Thr￿jgh ow own ￿ets￿rk of volunteer& newsletters. website. Th)tictrboards, sockgl medk*, referrals system and word
of mouth. w6 are able to givè our partnors 8(x*ss to the people Ihey wish to serve. We have also developed our
partnership wothing approach. arvj now repre5enlgd on key strategifj lyiatKJs including BiTmingham North Local
Communty Safety P8rtnership Boar(I, Bimtingham Norlh DorneslicAbu38 Forum and'spirit of Kingstanding. group
We remain commiltsd to d&livoriThJ a taThJe of ¥eMcos ar￿ aL*vites whiGh mpel local needs. The CornJnunily Caf•
building provides offj¢& fatilities forthe NEST project offering Domestic Abuse cOur￿ellIng Services and b8nefils
advice. Other acbvities delivered by charity volLtnteers, supported by a small staff team, a￿ delivered from both the
Community Caf8 and St John'$ Cgntrg. All (>f Ihese initiativas dlow us to meet pw)le who might nee(1 direGbon to
another SerV￿e and to provide sironger community cohesion. Therè are thousands of people in lQngstsnding Ward
who have ber￿fitted frorn the services thrDugh New Heights Charity.
Outr•ach
The outreach work of the c￿ty provkles suptM)rt to vulnerable adutts Imng In our communty. In p8rtnershlp w
the St ￿n￿nt Oe Paul Souety and Christ the King Parish approximatsty 80 p80ple are viwt8d at horne.
most of these are hous&bouThJ due lo disability or illness. ThFS Servi￿ is provided by vokjnteers.
Our telepho￿ bgth'ending SO￿lce reaches a wide variety of local residents ond the fe8dba¢k 1$ Ihal it 1$
well valued.
We offer a stgnposting service to other orgarthsaiions Ihat can provide help and Support to local people.
Challenge going forward:
One big challenge facing all chaiities is fLmd raising. There are more tharflSos and the r￿1 of grants thoy are
bidding into has diminished. Al the same time the need across the county has incroosed.
The lives of di5a¢JYantsged p8ople living within ourcclnmunty has been significanty impacted by the Covid-19
pandemic and thè intre8sing impads of the'cost of Living. Msis which is increasingly impacting individuals
8nd f8miliÈs. Wè carried out a majorswvey in the Auttsmn of 2022. Thi5 showed us Ihat some of the key
concems ir) the cornfflunity are- finarKial issues. (x)sl of utilities, isolation, mental health, loneliness and
well-teing. ThSs survey hKJhlKJhted Ihot thera is a neod for thg w￿k that we undertake and that we need to
keep on developing Ihis.
For older and dr￿l￿ed peoP￿.NOmi81 Life. is significantly impacted by the Covid-19 pandemic induding..
. lrnpaGts of long co¥id'
. People's confidence ertjdgd by isolating at home
. Increased nUM￿r$ who ￿m84n housetx)und
. Loss of friends who ar8 now in long t8mi r8sidenti81 ￿ra cKwho have diecl
. Inc￿ased foc*J l Heating poverty

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
TRUSTEES. REPORT {CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
. Closure of ￿tiVItieS previou5ty run by other churth groups.
We negd to k￿k al ojntinuw to offer opportunities to volunteers and onsure that wo aro offgring a broad
raThJe of activities to tho communty.
Flnancial roviow
By pnjdent managern￿t and successlul btddbng for funds, the Charity is in a sound financ¢al px)sition.
Shantel {Proiect Managgrl lead$ the team and ¢Jeals wtth the financFal issues in partnership wilh Mike Daly,
one of the trustees.
CLtrrently. thero are no investments gth9r than buildlngs with res8rves suffid￿t lo nieet Ihe ￿rrent woiklng
capital requirements of tho charity.
While there is a small incnme from the Cafe. cmjr main source of regulAr unrethcted income ¢￿tinueS to be
from service providers who use our premises and volunteer-led fundraising 8drvttÈs. This unr8Strict8d Ir￿Me
covers our buildings maintenance and running costs. however il has bèen signifi(anUy iwtaed by
suspension of group activities and réntal arrangem8nts due to th9 CovKI-19 pandemic and which has b9
furlher impacted by the current'cosl of Liwng Crisis.. Unreslrictad income conlinued al a reduced level due to the
ongoing effects of the p3nd&mic. and the 8xpectation is that th8ra wil b8 An improvement in 2024.
Funding for staff c4)mes from grant making ljodies. The facl that in Ihe main services and aclivitss ar&
dellivored by volunteers w6 have a few paBJ memi*TS of staff make3 this more sustatiiable.
We ￿nInue to seek rw p8rtners,and the service5 they provKle, as a Ic*Jgh ttonomic clmate naturaljy
rausès rnore nee(Ss arnongst the o)mmunity we serve. especialy in Kingstsnding. an area of major deprivation.

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
Plans for th8 futurÈ
The Charity Board strategy 15 to keep staffing u)sts at ￿ve15 thal wll r￿t NnP05efinaniial and
struclural risks to th8 charity. This is compl8Fnented by a vision that pla￿$ worknng in parinership as
another key component in maknng our eharity both effective and sustainable. While working with volunteers
aLso has its challenges. this fomis the third element in a vision that mathès financi81 strategy with 8 vision
for Ihe community that Invltes the fy)mmunty lo play a key part In somng Its own problems.
We continue to seek p*inerships and opportunitles for aclivilies and Supp￿ which will add to our
sion for our area and Ihe community.
Oporatlng ros•No pollcy
l. Purposa
The purpose of thSs new Op8rnting Reserv8 Policy for New Heights - Warren Far￿ Community Project is to
build and maintain an adequats18V81 of unrestrictsd nel assets to support the organisation's day to day
operations in the event of unforseen shortta515. The reserve may aLso bo used for one-time. n0n-recurr￿g
expenses that win build long-tem capauty. suth as staff development, research and dèvelopment. or
Énvestment in infrastructure. Op8T81ing reserv8$ are riot intended to r8pl8oe a petmanenl loss of funds or
e￿mInate an ongoing budget gap. The organlsadon Intends for the operatlng reseNe to be usgd an¢J
replenished within a reasonable period of time. This Operating Reserve Policy ￿￿1 ￿ implemented in
conjunclron with the other financAal p)licies of the organisation and is int8nd8d to supwrt the goals and
strategtes contained in those related poltcies and in stralegtc and opgrational plans.
11. Definltlons and goals
The operating Reserve Fund is defined as the designated fvnd set aside by the action ofthe Board of
Director81frustees. The minirnum amount to be de￿gnatsd as operating reserve wll be established as an
amovnt sufficient to maintsin onwng operations and Proiecas for a sel peric#J of lime. measured in months.
The Operating Reserve serves a dynamK role and will be reviewed and adjusted n ￿s￿)nSe lo internal
al￿ axtemal changes.
The target minimuffl (*ratiThJ Reserye Fund equal to 6 rrK)nths of average Tecurring unrestricted operating
costs.
In addition to calujlating the actual operating reserve al the financial yearend, the operating reseNe bjnd
target rninimum will be calculated each year after approval of Ihe annual budgol. These reserves wll be
rewrteil to the &)ard of DYectoTrThnJslees and induded in ￿ regular financial report&
111. Accountlng for R•s•rY•s
The Operating ReseNe Fund will be recorded in the 8ccountiThJ system and fin8nri81 st*gments as a Board
Designat8d Opèrating ReseNe. The Operatsny R8s8Ne Fund will bè fund&d arKI avaiwo in cash or eash
equivalents. Operating resarv6s will be maintained in a separate bank accounL
N. Fundlng of Re8efMS
The operating Reserve Fund will be fvnded with SUfF4us unresbicted operating fvnds. The Board of
DirectorS￿￿Stees may. from tsrTYe tolime, direct that a specffic Sour￿ of revenue be set aside for
operatiro reserves. Examples may irKlude one4ime gifts ￿ beqL￿Sts. speual grants. CY special appeals.
The ¢hair and Treasurer will idenbfy tho need for access lo roserve furHIs and l￿firM thal the use is CL￿515￿nt
with the puw of the reserves 85 desctibetl this Operatin9 Reserve Policy. DeteTminatron of need
requires analysis of the sufriency of the cu￿rtt tevel of reserve funds. the availabilty ofany other soun
offunds before usng reserves, and evafuatK)n of the lime Feriod for whith the lunds will be required and
èxplained.

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
V. Authorty to use operating reserves
Authorty lor the use of operating reseryes is delegated to the Chair and Treasurer in (xfsultalion wth the
other Trustees indud8tl on Ihe Bank Mandato. The use of operating reserves will be ￿ported ￿ the Board
of D1rectorsrrntst￿ at thèir nexl sthèdulèd mÉeting, accompanled by a dÈseJiption of the an3￿51$ and
detevwninatiorTr of the use of the funds, and plans for replenishment to restore thg Operating Reserve Fund to
the target mlnimum arr￿unt. The Chair must ￿1V? prior approval from the Board of Director5Nruste8s.
Vl. R•porting and Al¢)nltoring
The Chair and Troasurer are resw)nsibl• for ensuring that thg 1*orattng R8s8rv9 Fund is mainlain8d and
used only as described in this Policy. Upon approval of the use ofoperating resuve funds. the Chair and
Treasurer will rnaintain records olthe use of the funds and plan for replenishment. They will provide regular
minimum amount
The Chair and Treasurer together with Truslees will annually discuss what additKJnal risk lactors m¥Jht te
considered for the organisats'on. the impad of budgeting OFernb'rMJ TeseNe levels. and any
requirements of extemal funding uganisatton5.
Vll. R•latlonshlp to poll¢les
The Chair and Treasurer shall ￿air￿In the follovAng l)oard-approved polides, whlch may contsln provlslons
that 8ffect the cre8tion. suffi￿￿neY. and management of the Op&rating Reserve Fund.
Risk Managgment ralatad pol￿1&5 and tools to minkmisa it indudFng Conlingerry or Disast8r
Pr8pafednèss Plan
. Policies related lo OFerating arml Capital Pojdggting
. Fund development POI￿leS
Vlll. Review of Policy
This poltcy will b8 r8vièwed by Directots￿ntstSéS èvery 12 months 81 minimum, or sooner rfwarr8ntÈd
by internal orextgmal ev8nts or thanges. ChaTvJes to wjicy will bg agr9811 by the Bowd of DireGtorsl
Trust605. This policy. utM)n every revision must be distsibutgd by the Direthtsrrrustees lo the responsblg
Staff and any other interested parties. The treasurar together with the Board of Directorsrrrustees are
responsSble for the recommendation of finarKial polictes. slrafrgies. and budgets that support the mlsslon.
values and strateg¢c plan of tr￿ organisation. Its purpose is to ensure that the finBncial health and integrity of
the organisation in pursuit of its mission to meet the needs of the most disadvantaged meM￿rS ofthe
tfjngstanding community and to help to briThJ about SOC4al cohesion.

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
Statsmwtt of TrustÈÈ$' RÈsponsibilitles
The twstees. who are also the directors of New Heights- Wavren Fami Communty Project for the purpose of
eompany law. 8re rèsponsible for preparing the Trustees. Rep￿ and the financial statements in aco)rdance ￿th
aptAicabl8 law and United King¢knm A￿ntIng Standard5 (United Kingjom GeneraltyAccepled Accounting
Prath¢o1.
Company Law th8 tnJst889 to twar8 fin3rri81 statèments for each financial year give 8 tnjè and
fair view of the state of alfalrs of ￿e ¢harfty and of the in￿ming resources and applcalion of rey)urc*s. o￿lUdINj
the incA)me and expenditure. of thè charil8ble (*Jmpany forthat ye8r.
In preparing these f￿ancial statamgnts. thè trustges afo rgqured to:
' salect suitable Bccounting policRs and then apply them cortsi5t8ntty"
• observe the mothods and principles in the Charities SORP",
. make judgements and Èth"m8tes that arè reasonable and pruden(
' state whetr*r applicable UK Accounting Stsrmlards have been folh)wgd. ¥ubiect to any matsrial ¢Jepartures
disdosed and explained in the finanryal statements., and
. prepare the financial st￿e￿ntS on the golng concom basls unbss it Ls inapprcyiate to presume that Iho charity
will continue in operatic￿.
Th8 trus18es are responsible for kegping adequate accounting records Ihat ¢Jisdose with reasonat￿¢ accuracy
al any lime the finanaal position of the charity and enable them to ensure that the financi81 slat8m8nts comply
with the Companies Act 2006. They are also resFonsible for safewarding the assets of the charity and her￿e for
taking reasonable steps for the prevention and detecttion of fraud and other irwularmles.
Th8 trusteès. report was appm8d ty the Board ofTrustèes.
Mr S Flynn
TrusteelChai￿ersOn
Datsd: 27 June 2024

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF NEW HEIGHTS - WARREN FARM COMMUNITY PROJECT
I report to the trustees on my eXaMina￿n of the finanaal statements of Nw Heights - Warren Fann Community
Project (the trust) for year eThJed 31 December 2023.
Responslbllltles and basls of feport
As the trustees of the tnjst (and also its dlrectors for the purposes of company law) you are responsible for the
preparation of the financial statements in acrA)rdance with th8 r8quiram8nts of the Companies Act 2006 (the 2LK
Act).
Havin9 satisfied mysèlf that the fin8nctal slatemenls of the trust are not required to be audiied under Part 16 of th
2006 Act and are eligible for irK58pendent examinalion, I report in respecl rrf my examination of the trusys financial
statemenis carried oul under sethon 145 of the Charities Act 2011 Ithe 2011 Adl. In carying out my examinètion I
have followed all tho aprli¢able Directions tyven by the Charity Commission uThler section 145(5Xb) of tt)e 2011 A(a.
Independent examlnerfs statement
Since the trust's gr0$5 income exceeded £250.000 your examiner must be a m￿ber of a bc￿ Ibsted in sedion 145
of ihe 2011 Act. I confirrn that l am qualifi8d to undertake the examinalx)n bÈcaus8 18m 8 m8mb8r of ICEAW. which
is onè of th&11St￿ bodias.
I havo completed my examin8tion. I confimi that no matters have corne to my attention ￿ connectw with the
examinatSon glving me cause to believe that in any material respect..
aGGounting records were not kept in resped of Ihe trust as requyed by seclicffl 386 of the 2006 Act" or
the finan¢ial stslemgnts do not a¢¢ord with those records: or
Ihe financial statemènts do not (xjmply with Ihe ar￿UntIng rgquiremorts of 5eiknn 396 of the 21X)6 Act other
than any ￿quIrement that the ac￿￿nts give a true and fair view vthich is not a matter considered as part of an
independent examinatM)rb'. or
the financial stalemenls have not been prepared in accordance with Ih8 ￿elh0￿$ and principles of thè
Statement of Recommended PraCtt￿ for acmjnling and ￿￿)rt[rtg by aN)licable lo charibes
pr8paring th8ir acixjunls in acwrdance the Finanual Reporting Standard applicxble in the UK aw¥J
Republic of Ireland {FRS 1(Y2).
I have no ￿n￿eMS and ha￿ corlle across rK) Othgr mattgrs in COM￿bon h￿th Ihe examination to whith attention
shoul¢J b& drawn I
is rew)rt l orderto enable a proK*r understsnding of the finarthql ststements to be reached.
Edwards Accountants Imldlandsl Llmlted
34 High Street
Aldridge
Walsall
West Midlands
Wsg 8LZ
Dated.. 27 June 2024

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted Restricted
funds
funds
2023
2023
Total Unrestrict8d Restricted
funds
funds
2022
2022
Total
2023
2022
Notgs
Income from:
Donallons and legatjes
21,192
289.316
310,508
23.575
267,017
290.592
Expenditure on:
Raising funds
Charitable actNities
4,330
327,412
2,713
30,285
2.713
300,505
37,683
289.729
270.220
Total experNJilure
42.013 289,729
331.742
32.998
270.220
303.218
Net movement in funds
for• d•pM¢atlon
120.8211
1413) 121,234)
19,4231
{3.203)
112,6261
Depreciation
59
27.665
27.724
79
27.665
27,744
Net movemÈnt in
funds after
dtpreelatlon
120,8801 (28,078) 148,958)
19,5021 (30,868) {40,3701
Rgconcili•tion of funds:
Fund balances at 1 January
2023
120.613 354.436
475,￿9
130,115
385.3Cb1
515,419
Fund balane•s at 31
D￿ernber 2023
99,733
326.358
426,091
120,613
354,436
475,049
The statement of financial aclivitss incknjes all gains and1086es re¢>Jgni8ed ￿ the year. Air in(yJme and expenditure
derive from continuing athvities.
10-

NEW HEIGHTS-WARREN FARM COMMUNITY PROJECT
BALANCE SHEET
ASAT 31 DECEMBER 2023
2023
2022
Not•s
Fix•d as$•ts
Tangible assets
299.973
327.697
Current ax50ts
Cash Bt bank and in hand
275.499
292,622
Creditors: amounts falllng duo wlthln
onè yèar
10
149.381
145,270
Met cuThent assets
126.118
147,352
Total ass•ls t9s$ ¢urrgnt Ilablll¢lgS
426,091
475.049
Th• lunds of th• th$ trust
Restri¢led income funds
Unrestricted funds
11
326,358
99,733
354,436
120,613
426,091
475.049
The company is entilled to the exemption from Ihe audit rewirement contained in s8ctk)n 477 of th& Compantes Act
2(KJ6, t(￿ the year 8nd81131 D￿mber 2023.
The dlrectors acknowledge thelr responslbllltles for complylng the req(1￿ments of the Conyanfjes Act 2
with respect to ac￿￿nIIng re￿IdS and the Preparat¥￿ of finanual statements.
The members have r￿t required the a)mpany ts) obtain an audit of its finanLyal slatements fcf the year in question in
acc￿nce with section 476.
These fin8n¢lal st8temenls have prepared in a￿111￿(* wilh tho Kwiisions applicab16 to conwanles sutyect
lo the small companies regime.
Th8 fin￿¢la1 slatern8nts were apFYOV8d by ts I￿￿e8S on 27 JLTh 2￿24
Mr S Flynn
Trustee
Mrs S L Byrne
Tlustee
Company registratic￿ number 06021283 (England and Wales)
11

NEW HEIGHTS-WARREN FARM COMMUNITY PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Ac¢ounling policie
Charlty Infomlatlon
New Heights - Waffen Farm C¢)mmuntty Project is a private company limited by guardnlee incorporated in
England and Wales. The regislere(l office is 124 Warren Fami Road. Ktngstsndlng. Birmingham. B44 OQN.
1.1 Accountiny convention
The company 1$ establish￿1 under • merN)randmi of a880(iation which sets Ihe objects and powers of the
organisation and is govemed under il articles of ass(tialion.
The a￿OUnts h8ve been prepared in ac(x)rdance th the Companres Act 2006 and the"Accounting and
Reporbng by Charitie5: Ststement of Recommended Practi￿ applicable to charities preparing their accoun15
in acLordanc8 th8 FinancAal Reporting Standard applirablè in thè UK and Republic of Irèland IFRS 1021"
(os amended for 8¢xounlirvJ perKxls ¢ommenrArvJ from 1 January 20161.
The charity is 8 Public Benefft Entity as defined by FRS 102. The charity has taken advantage of the
PfOViSiOnS in the SORP for chaiities applying FRS 102 Updgte Bulletin 1 not to prepare a Sts¢trment of Cash
Flows.
The financial 51atsments are prepared in stedirvJ, whic* 15 the fur￿tIOnal CLtrrency of thg the trust. Monetary
amounts in these financial stalements are rouThJed to the ￿arOSl £.
The financial statements h¥¥8 been F*ep8rod undor the histori￿1 (Tht COnvent￿n. [modified to indude lh8
revaluation of freehold properties and lo include investment properbes aThJ certain financial instruments at fair
valuel. The prinupal accounting PD16ues are ¥et out bg1(pw.
1.2 Going concern
At the lime of approving the financial statements, the trustees have a r9asonablD exp8Ctation that the the tru51
has adequate resources to continue in operational exislenct for the fo￿$¢eabl8 future. Thus the trustees
contlnue lo adopt tho golng c￿CeM basis of accountlng in wepar1r￿ the financial statsments.
1.3 Charitable funds
Unr&stricled funds ara availat48 for us8 at the discration of thè trLSStees in fvrtherano of their tharitabla
otyethes.
Un￿Stricted fundy can be used in &tudance with Ihe charitable objectives at th8 dtscrnkn'on of the trustees.
Restricled funds aqn Tr)ly be used for pwbcLdar restricled puwes within the Obj￿ of the ¢hartty.
Rèstrith"ons arise when specjfièd by the dorw or when tunds are ra￿d for the part￿ular restricted purposes.
Endowment funds are subject to speufic ￿ndI￿nS by domrs that the capital must be maintsined by Ihe the
trust.
1A Incomlng r•sotsr
Income ss recDgnlsed when thè tmst i% 18gally entilled to rt aft8r 8ny perfoTmance conditions have been
met, the amounts can be measured rdiably, and it is probable that inccrfne will be r8ceived.
Cash donallons are rewgnised on ￿rkipt. Other donations are rec(vJnised once the the trust has been
notified of the donation. unless performan￿ conditions r8quire deferral of thg amoLmL Income tax
recoverable in relalron to (knations received Lmder Gfft Ald ￿ deeds of covenant K% r8cognised at the time of
the don8ti0n.
Legacies are reetsJnised on receyl or othenvi5e rf the the trust has been notified of an impending distribution.
the anK)unl is knov4n. and receipt is expected. If amounl Ss nol known. th8 legacy is treated as a
contingènt asset
12-

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollcl•s
IContlnu•d)
1.5 Re8our¢Ès expended
Expenditure is rect6nised on¢e the￿ is ¥ legal or Constructive obligatv)n to transfer economiG benefit to a
thlrd party. it is probable Ihat a transfer of ecx)nomic benefits will be ￿qUIred in setllement. and the amount of
the obligation can bè maasured reliably.
Expenditure is dassffied by actwity. The costs crf each aclivity 8re made up of total of direct costs and
shaied costs, including support costs involved in undertaking e8¢h activity. Direct costs #ttribulabb to 3 single
activity are allocated diredy lo that actiwty. Shared costs which conlribute to more than one activity and
support costs which are not attributable to a single activity are apportioned ￿t￿￿on those 8ctivities on a basis
consistenl with the use of resources. Central staff costs are allocatèd on lh8 basis of timè s￿nt. and
depreciation charyes are all￿tel on the portKTrn of the asset's use.
Expèndiknre is reC￿9￿1$ed once there is a legal cf constructive obligallon to trartsfer ec￿Tr)M￿ benefjl to 8
third paTty. il is Probable thal a trar¢sfeT of ec(m￿niC benefits WHI be required in setuement. and the amount of
tha obligation can b& fflgasured reliably.
Expenditure dassffied by acliwty. The costs of each 8Ctivity are made up of the total of direct rA)sts and
shared costs. including support v)sts involved in undertaking each 8ctivity. Direct (x)5ts altributable to 8 single
activity arè all(￿at￿rt dire¢tty to that activity. Shared ¢x)sts which ¢ontribule to ￿Te than one attlvty and
support costs which are not attributable to a single actswty are apportioned be￿een those actiwties on a basis
consi51enl with the use of resouices. Central staff costs are alkncat￿ on the basts of time spent, and
depreciation charges are alkxated on the portion of the assèt's use.
1.6 Tangible fixgd assets
Tangible fixed assets are initially meawred at (¥)st and subsequenuy Measured at rA)St or valL￿tKIn. nei of
depreaalion and any impairnient losses.
Depr8Ci8tion ts rec%￿nISed so as to vJrit8 off thè tt>st orVa￿allon of assets less their ￿sidual v81ue$ over Ih8ii
U$8fiJl Iwes on thg folk)wing bases:
Le8sèhokf18nd & building8
Flxlures. flttlngs & equlpmenl
25 yè8r le85e iemi
25% rwjucing b81ance
1.7 Impairm•nt of fugd ass•ts
At each reporb.ng eftd dale, the the Iriisi reviews the carrying amounls of its taThJible assels to det8mln8
whether there is any indicabon that those assets have suffer￿1 an impairtll8nt loss. If any such indication
exists, the recoverable amount of the asset L8 estimatod In to detemlne the extsnl of Ihts Impalmient
loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call wrfh banks. other short-term liquid
invgstments wth original mabJritie5 of three months or less. and bank overdrats. Bank overdrafts a￿ shown
within borrowings in currènt liabilrtÈ&s.
B•sic financlal assots
Basic financyal assets. which include debtors and cosh and bank balan¢8s, ale initially measured at
transact¥)n pr&ce Incfudln9 lransacb.on ¢>)sts and are subsequenuy Lxrried at amortised LXTrSt using the
8ffective interest rnelhod un￿sS the arraryJement (xnstilLrtes a financing transaction, where the transaction is
measured at Ihe pr￿dent value of the future re￿iptS discounted at a mar1￿1 rate of ￿teresl Financial assets
dassifted as rg¢dvabl* wlthln ¢)ne year are nol amortlsed.
13-

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢eounting pollcie8
(Continu•d
Basle finan¢olliabilill•
Bas￿ financial liabilitles, including creditors an¢J bank loans are initially re¢oyrwsed at Iransa(*on pdce unless
the arrangement (xjnslilules 8 fin8ncing tsans8¢Aion, where the debt inslwmenl is measured at the present
v8lu8 of the fulure payments discounted at a market rate of interest. Finandal Ilabllilles da&sifled 2s payable
within one year are not amortisad.
Debt Inslnjmenls are subsequently ￿rried al amortised cost, using tho effecliv8 irrterest rate method.
Trade creditors aro ON￿atiOnS to pay for goods or servi￿8 that have been acquired in the ordinary courso of
operations from suppliers. Arnounts payable are classified as current liabilities rf pay)))ent Is due within one
y8ar or les5. If not, they are presented as nonwcurrent liabiliti&s. Trade credlors ar& recognised inibally at
transaclK)n price and subwuently measured at amortised wst Using th8 effedive inter￿1 m8th0d.
Dorncognitlon of flnanelal Ilabllltles
Financial liabilities ara d6reoJJnised when tha the Iwst's c4xrtraGlual oNigattons oxpwp or arg discharg8d c
cancelled_
1.9 Employ4• b•n•fits
The cost of any unLKsed holiday entillomonl is rwx*Jnlsed In pgtlod In which tho employee's sgrvices are
received.
Termination benefits are recognised IMn￿diatelY as an expvnse whan the thg trust is d•monstratAy
committed to temiinale tha &mKAoymènt of an 8mploy8& orto providè temiin8tion benefitg.
1.10 Retlremont beneffts
Payments to defined contribution relirement benefit schemes are charged as an expense as ty fall due.
Critical accounting estlmates and Judgements
In the application of Ihe the trust's accounlrng policies. th6 trustees • reqUI￿d to make judgements.
estimales and assumpt￿n8 about the cawryiru of assets and liabililres that are not readily apparent
from other souices. The estimates and associated asSUmpt￿nS are based on historf¢xl expgri¢nco and other
factors that are Conside￿ to be relevant. Aciual results may dtffer frc*n these estimates.
Thè èstimates and undèdying assumplions are rèviewed on an ongoing basis. Revision8 to accounting
eslimate3 3re recognised in the poriod which estimate is remsed where the Tevision affects only that
pèriod. or in the period of the revision and future per*Jds whore thg r¢vlslon offects both curmnt ond fLrture
p8riods.
14-

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
NOTES TO THE FINANCIAL STATEMENTS (COFMNUED)
FOR THE YEAR ENDED 310ECEMBER 2023
Donatlons and lewles
UnTeslri¢led Restrlc
funds
Total
2023
Total
2022
Grant Income
Other income
4.754
16.438
289.316
294.070 267.017
16.438 23,575
21.192
289.316
310.508 290,592
For the year ended 31 December 2022
23.575
267.017
290,592
Grants Th￿1¥0d
8VSCUK EMPLOYMENT
BVSCUK ESOL
Lottery Reaching Communibe81)omesllcAbus8
4000 Big Lottery
BL Liquidity Funding
Henry Smilh
William Cadbury
NDSU
FCC Communitios Trnst
Vlrgin Media 02 Celebration
National Express Youth Activities
Trusthouse Charitable Foundation
Children in Need Fund
Tesco Bags for Lrfe
Amold Clark Fur
Domosti¢AtJuse Tampon Tax FLTrnd
Albert Hunt Trust
Wintèr Food Aid
BCCFA
Arthur Ckrke Fund
BVSCUK MOVE ON
AFA Hub
Commonwealth Games Legacy
BLRC Cap
The Sutton Cddfield Charityble Trust
Eveson Charitalle Twsl
BCMG ComTnonwearth Gam93
Robert McAlpine
M&S Fund
Garfi8ld W8Ston
BVSCUKWELL BEING
MW Mayors Weekend
R D Tumer Tnjst
Kingstanding Post Pandemic
Roughley Twst
United Acts of Kindness
The Sheldon Trust
QLEe8ns Platinum Jubibe
Cole Charitable Tn￿t
4.284
4.284
29.105
157,239 114,371
22.350
157.239
7.2C
6.100
4.C4)0
6,1(KJ
16.075
1.000
10.000
1.698
8,302
15.1XX)
8,302
15,000
1.000
1.195
594
2.000
1,800
1,800
1,200
805
24,71X)
10,0
1,100
1,000
2.321
2.135
1,195
24.700
10,(KJO
1.100
1.000
2.321
2.135
1,672
9,041
9.1)41
1.0
6,100
10.002
1,000
1,000
8,159
6.100
lo,(￿2
25
2,000
131
15-

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Donations and Iggacies
{Continuedl
sleyan Heart of England
Westem Power Holiday Meals
Saintbury Tmsl Core Costs
P8lnck Trust
Youth Social Adion
The Archer Fund
Other income
Other grants received < £500
1,572
1,979
807
800
1.166
800
1.166
1,750
3,754 20.326
2.847 13,7fj0
3,754
2,847
4,754
289,316
294.070 267.017
Oth•r incom•
Cafo Takings
Letting8 Sl Johns
Donations
Others
10.631
5.807
10,631
5,807
7,490
1,318
2,170
12,597
16,438
16,438 23,575
Ra181ng fund8
2023
2022
Fundraisin and blicil
Seeking donations, grants andlogaoes
4.330
809
4,330
The cost of raising funds represents trading costs in relation to the cafe and includes cafe purthases and
Vonding servKes in relation to tho cafe trade.
18-

NEW HEIGHTS- WARREN FARM COMMUNITY PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
S Charllable actlvltles
Ilwarren Farm
ProJ•ct Costs
Costs Dew•clatlon
Total
2023
Totsl
2022
Staff wsts
Depr&C18t￿Tr- Leasehold Property
OeweciatK•n of fiX￿reS and Fitbngs
Water. rates and Ir)5uranr% ￿Sts
Light and Heating costs
Rèpairs and Maintanance costs
Telephone and Postage costs
Sundry costs
Volunteer aThJ travel expenses
Cale Repairs and maintenance
Logal advico sgrvl¢
Legal and ProfessM)nal Costs
202.984
202.984 178.040
27.665 27.665
59
79
9.415 10.060
7,970 5,886
7,717 23.127
4.960 4.057
1,623 1.145
3.279
5,427 3.337
64,289 58.020
24,076 19.S66
27,665
59
9.415
7.970
7,717
4.960
1,623
3,279
5.427
64,289
24.076
128.756
202.984
27.724
359.464 330.962
128.756
202.984
27.724
359.464 330,%2
Analysls by fund
Unre5trirted funds
Roslrictsd fun¢Js
42.011
86.745
59
27.665
42.070
317,394
202.984
128.756
202,984
27.724
359.464
For the ywr ondwd 31 D9c9m￿r 2022
Unrestricted fijnds
RèstrictÉ(l fijnds
32,998
92,180
79
27,665
33.077
297,885
178,040
125.178
178.040
27,744
330.962
Thistees
None of the tW5tees {(x any persons connected wkh them) reCeI￿d any r&MUMral￿ or benefits from the
trust during the year.
17-

NEW HEIGHTS-WARREN FARM COMMUNITY PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Employees
2023
Number
2022
Number
Prrie¢t slaff
12
10
Employmont costs
2023
2022
Wages and salaries lind so(#d securty costs)
202.984
178.040
There were no employees V&fv)se annual reThNJneration was £60.000 or nwe.
Taxatlon
The charity is exemptfrom corporation tax on Its charitable acfjvilias.
Tanglble flxed assets
Fithre¥.
ffttlngs &
e￿i￿ent
Total
nd&
Jlldlngs
Cost
At 1 January 2023
691.367
17,622
708.989
At 31 December 2023
691.367
17.622
708,989
Depreciation and 5mpalrmert
At 1 January 2023
Deprecith'on charggd in the year
363,906
27,665
17,386
59
381.292
27.724
Al 31 December 2023
391.571
17,445
409.016
Carrylng amount
At 31 Decémber 2023
299,796
177
299,973
At 31 December 2022
327,461
236
327,697
18-

NEW HEIGHTS - WARREN FARM COMMUNITY PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
10 Crgditors: gmounts falllng duè ¥Athln on• y•ar
2023
2022
Trade Gredilors
Other Gre(litors
Accruals and deferred income
3,065
141.996
4.320
4,813
137.817
2.640
149,381
145.270
11 R•stri¢tsd funds
resti7Ct6d funds of th• ch• comprise the uneypended balar￿5 of donations and grants hold on trust
subject to s￿￿1C conditions by dtmors as lo thgy may be used.
At 1 January
IncLMnlng
2023 resources
Resources
expended
At31
Decefflbgr
2023
354,438
289,316
1317,3941
326,358
Prevlous year:
At l January
Incomlng R•wure•s
2022 rnsourcts
•xp•nd•d
At31
De¢ember
2022
385.304
267.017
(297.9651
354.356
12 Unrnstrictsd funds
The unrestricted funds of the charity comprise the unexpended balances of donations and granls which are
not subject to SP8cIfic ￿1n￿￿OnS by donors and granlors as to how they may be used. These indude
designated funds which have been sgt asld8 Out of unrestricted fijnds bythe tnjstees for specffic purposes.
At 1 January
2023
In¢omlng
resour¢•s
Re$ources
•xp•ndgd
At31
Doeember
2023
G&rk8ral lunds
120.613
21,192
142,0721
99,733
Pr•vlous year:
At 1 January
In¢omlng
2022 rg8OUTces
R•80urees
pxppndgd
At31
D•rem￿r
2022
General lunds
130.115
23.575
132,9971
120,693
19-

NEW HEIGHTS. WARREN FARM COMMUNITY PROJECT
NOTES TO THE FINANCIAL STATEMENTS {COPrnNUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
13 Analysis ol net assets llelween funds
Total
fvnds
Fund balanc8s at 31 December 2023 are represented by..
Tangible 8ssets
Currènt ass8181{IkqlNIIUes)
177
99.556
299.796
26.562
299,973
126,118
99,733
326.358
426,091
14 Rel•t•d party transo¢tion$
Tharg w8r8 no disclosable related party transac*on$ during tho y8ar I2022- none}.
R•munor4tion ol k¥y managament personnel
2023
2022
Salary and soual security costs
38.284
27,621
15 Cash g•nwated from aperatlons
2023
2022
Deficit for the year
48,9581
149.5461
Adjustments for..
D8pr8cial'on and impaiment of tsnyitAè fixed assats
27.724
27,793
Movements in wort(Ing ￿p6￿1.
Increaselldecreasel in creditOf8
4.111
(43,706)
Cash ab8orb•d by operation5
{17,123)
165,459)