||||Reach to|Teach||
|---|---|---|---|---|---|
||||Contents|||
||||||Page|
|Trustees'|Report||||1-14|
|Auditor's|Report||||15-18|
|Consolidated||Statement|of Financial|Activities|19|
|Consolidated||and Charity|Balance Sheets||20|
|Consolidated||and Charity|Statement|of Cash Flows|21|
|Notes to|the|Financial Statements|||22-31|
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|Charity|faces.|faces.||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Details|ofthe main||risks and|how|these||are||managed||||are set||out|below.||||
|Key risk|||Details|ofrisk|||||||||||Management
ofrisk|||||
|Availability||of|Funding|risk:||Between|||||2007|||and|~|The Charity|has fundraising
teams
in|||
|funding|to sustain||2023, the Charity||||has||had||one funder,|||||place
in India and the UK and|||is in|
|the Charity|||the
Larry
Ellison||||Foundation|||||(LEF).||||discussions||with
several||
||||The grant||agreement|||||with||LEF||has||international|organizations||and|
||||now ended,||and|the||Charity||||has|cash|||foundations.||||
||||available
to
fund|||||its||activities|||until|||||||
||||2025, so it||must||raise|||funding|||in|the||||||
||||next two years.|||||||||||||||||
|Black|swan||Black swan||events|||such|||as|Covid-19|||~|Covid
learnings:||The
Charity|has|
|events|||disrupt|the|Charity's||||work resulting|||||in||been
building
alternative
frameworks||||
||||delays|and|repurposing||||||of education|||||such
as|online|processes|and|
||||budgets|for|disaster|||interventions.||||||||digitalization|ofeducation.|||
||||||||||||||||~|Our geographical||spread
means|we|
|||||||||||||||||will be less|susceptible
to events
in|||
|||||||||||||||||one State.||||
||||||||||||||||~|Staff security
policy
in place,
which||||
|||||||||||||||||includes|close|monitoring|of|
|||||||||||||||||employees'|travel|arrangements.||
||||||||||||||||~|Our operations
are flexible,
and|||staff|
|||||||||||||||||can be reassigned||across projects.||
||||||||||||||||~|We
are|developing
a
disaster|||
|||||||||||||||||preparedness||and
response||
|||||||||||||||||programme|to|maintain
learning||
|||||||||||||||||continuity
as
a||service
offering|to|
##
|||||||||||||||support
states
dealing
with
black|support
states
dealing
with
black|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||swan events.||
|Safeguarding||The risk of||harm,|||exploitation||||orabuse||~|Safeguarding
policy
and|reporting|
|risks||ofan|individual|||during|||oras a||result of|||procedures
are
in
place
with||
|||the Charity's|||programmes.|||||||||designated
safeguarding|staff
at|
|||||||||||||||Board, management
and operational||
|||||||||||||||levels,
and
training
is|regularly|
|||||||||||||||provided
to all staff.||
||||||||||||||~|The
nature
of our
work|with
the|
|||||||||||||||government
means there is|very
little|
|||||||||||||||direct
access
to
children
and||
|||||||||||||||communities.||
|Impact risks||Outcome||and|||impact|||assessments|||~|Three-year
duration
for all|proposed|
|||need|to be||more|||adequately||||carried||programme
interventions|(as
a|
|||out.||||||||||||shorter
duration
is
not
enough
to||
|||||||||||||||demonstrate
improved|learning|
|||||||||||||||outcomes).||
||||||||||||||~|Regular
programme
review|protocol|
|||||||||||||||and governance
structure
in|place.|
||||||||||||||~|Monitoring
and
evaluation|are
built|
|||||||||||||||into all programme
designs.||
|Reputational|risks|Damage to||our reputation||||||would||affect|~|Maintenance
of good
relationships||
|||our|ability|||to||work||with||state||across all stakeholder
levels.||
|||governments|||||and|||impact||our|~|Clear
policies
and
procedures
to||
|||fundraising|||efforts.|||||||||manage
interactions
with the media.||
||||||||||||||~|Contingency
plans
are
in|place to|
|||||||||||||||manage
reputational
risks.||
##
##
##
|Advisors|to|the Company|the Company||||||
|---|---|---|---|---|---|---|---|---|
|Bankers:||||HSBC|||Metro Bank||
|||||Pall Mall Commercial|Centre||137Chiswick|High Road|
|||||5th Floor|||London||
|||||70 Pall Mall|||W4 2ED||
|||||SWIY 5EZ|||||
|Auditors:||||PKF Littlejohn
LLP|||||
|||||15Westferry
Circus|||||
|||||London E144HD|||||
|Legal Advisers|||IJK:|Bates Wells Braithwaite|||||
|||||10Queen Street Place|||||
|||||London, EC4R 1BE|||||
|Legal Advisers|||India:|Ashwathh
Legal|||||
|||||K19Jangpura
Extension|||||
|||||New Delhi 110014|||||
|Auditors|India;|||PKF Sridhar
& Santhanam||LLP|||
|||||319,Third Floor, DLF|Prime|Towers|||
|||||Okhla Phase
1|||||
|||||New Delhi 110020|||||
|Accountants||India:||Hasmukh
Shah &Co|||||
|||||409-410, Dalamal
Chambers,|||||
|||||New Marine Lines|||||
|||||Mumbai
400 020|||||
##
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##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Note|Unrestricted|Restricted|31-lilt sr|Unrestdicted|Restricted|31-Mar|
|---|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2023|Funds|Funds|2022|
|Income From:||||||||||
|Grants|||||416,579|416,579||4,723,494|4,723,494|
|Investment|income|||139,961|-|139,961||12,516|12,516|
|Total||||139,961|416579|556540||4,736,010|4,736,010|
|Expenditure
On:
Raising Funds
Charitable
Activities||||18
60|244,475
1,646,903|244,493
1,646,963|216
93|110,149
1,629,084|110,365
1,629,177|
|Total||||78|1,891,378|1,891,456|309|1,739,233|1,739,542|
|Net income|for the year||9|139,883|(1,474,799)|(1,334,916)|(309)|2,996,777|2,996,468|
|Total funds|brought|forward|15|18,715|7,837,623|7,856,338|19,024|4,840,846|4,859,870|
|Total funds|carried forward||15|158,598|6,362,824|6,521,422|18,715|7,837,623|7,856,338|
##
||||Group||Charity||
|---|---|---|---|---|---|---|
|Company
number:|06002138|Note|2023|2022|2023|2022|
||||8|F||F|
|Fixed assets|||||||
|Tangible assets||11|16,427|16,972||1,230|
|Investments||12|||||
|Current Assets|||||||
|Debtors and prepayments||13|698,037|250,935|806,285|511,300|
|Cash at bank and|in hand||6,175,631|7,968,106|5,197,172|6,980,771|
||||6,873,668|8,219,041|6,003,457|7,492,071|
|Current
Liabilities|||||||
|Creditors: amounts
one year|falling due|14|~319,789) ~322,716)||~(58,486 ~(60,05~||
|Net Current Assets|||6,553,879|7,896,325|5,944,971|7,432,021|
|Creditors;
amounts|falling due after||||||
|one year||14b|(48,884)|(56,959)|||
|Total Net Assets|||6,521,422|7,856,338|5,944,971|7,433,251|
|Funds|||||||
|Restricted funds||15|6,362,824|7,837,623|5,810,635|7,414,536|
|Unrestricted
funds||15|158,598|18,715|134,336|18,715|
|Total Funds|||6,521,422|7,856,338|5,944,971|7,433,251|
##
||||Cas|h Flow|St|atement|as at3zstM|arch 202|3|3|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Group||Charity||
|||||||Notes|2023
f|2022
f|2023
f|2022
f|
|Net cash|provided|by|||||||||
|operating|activities|||||A|(1,918,026)|2,953,044|(1,899,298)|2,206,086|
|Cash flows from investing||||activities|||||||
|Interest received
0
t tp
I
1 gt|||gtpl|tt* 0|t||139,631
~14,D80)|12,516
(9,778)|115,699|2,734|
|Net cash|inflow/(outflow)||from investment|||activities|125,551|2,738|115,699|2,734|
|Net inflow|at 1 April|2022|||||7,968,106|5,012,324|6,980,771|4,771,951|
|At 31 March 2023|||||||6,175,631|7,968,106|5,197,172|6,980,771|
||||Group||Charity|Charity|
|---|---|---|---|---|---|---|
||||2023
f|2022
f|2023
f|2022
f|
|Net income|||(1,334,916)|2,996,468|(1,488,280)|2,948,999|
|Loss on sale oftangible
fixed assets|||134|287|||
|Sale proceeds oftangible|fixed|assets|94|1,277|||
|Interest received|||(139,631)|(12,516)|(115,699)|(2,734)|
|Forex revaluation
offixed|assets||(377)|92|||
|Depreciation
charges|||14,774|16,517|1,230|2,989|
|Movement
in corporate tax|||(2,876)|8,171|||
|Movement
in debtors|||(37,625)|(133,583)|109,633|(500,178)|
|Movement
in prepayments
Movement
in creditors|||(409,477)
~8,128)|472
75,859|(404,618)
(1,564)|1,478
~244,468)|
|Net cash provided
by operating||activities|(1,918,026)|2,953,044|(1,899,298)|2,206,086|
|Analysis ofchanges
in|net debt||||||
|Opening cash balance
Cashflow
in the year|||7,968,106
7284)7,5,|3,956&026
1,056,298|6,980,771
(1,783,599)|3,601,016
1,170,935|
|Closing cash balance|||67175,631|5,012,324|5,197,172|4,771,951|
##
##
##
##
##
##
|4|Charitable
Activities|Charitable
Activities||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Direct|Staff|Support|31-Mar|
|||||||costs|costs|Costs|2023|
||Year to 31st INarch|2023||||E|E|E|E|
||Government
Programmes|||||63,640|1,140,210|167,368|1,371,218|
||Education
Content Development|||||227,335|14,753|33,657|275,745|
|||||||290,975|1,154,963|201,025||
||||||||(See Note 7)|(See Note 5)||
|||||||Direct|Staff|Support|31-Mar|
|||||||costs|costs|Costs|2022|
||Year to31st March|2022||||E|E|E||
||Education
and Community||Programmes|||||||
||Government
Programmes|||||146,391|1,333,232|149,554|1,629,177|
||Education
Content Development|||||||||
|||||||146,391||149,554||
||||||||(See Note 7)|(See Note 5)||
|5|Support Costs|||||Charitable|Raising||Basis of|
|||||||Activities|Funds|31-Mar-23|allocation|
||Year to31st March|2023||||E|E|E||
||Staff costs (Note 7)||||||156,091|156,091|(I)|
||Travelling|||||104,670||104,670|(ii)|
||Rent and office related costs|||||163,702|22,323|186,025|(III)|
||Communications
and IT|||||17,612|2,402|20,014|(iii)|
||Recruitment
Fees|||||3,656|498|4,154|(iii)|
||Training||||||||(ii)|
||Foreign exchange
gain|||||(409,425)||(409,425)|(iii)|
||Consulting
and professional|||fees||106,589|59,825|166,414|(ii)|
||Legal fees|||||15,023|352|15,375|(ii)|
||Depreciation|||||13,001|1,773|14,774|(iii)|
||Audit and accounting|(governance|||costs)|28,894|1,210|30,104|(iii)|
||Corporate tax|||||59,543||59,543|(iii)|
||Donation
by Reach to Teach|||Private||||||
||Limited to Reach to|Teach|Foundation|||51,672||51,672||
||Miscellaneous
costs|||||46,088|19|46,107||
|||||||201,025|244,493|445,518||
|||||||Charitable|Raising||Basis of|
|||||||Activities|Funds|31-Mar-22|allocation|
||Year to31stMarch|2022|||||E|E||
||Staff costs (Note 7)||||||93,932|93,932|(i)|
||Travelling|||||73,939||73,939|(ii)|
||Rent and office related costs|||||149,655|10,404|160,059|(iii)|
||Communications
and IT|||||17,713|1,231|18,944|(iii)|
||Recruitment
Fees|||||14,270|992|15,262|(iii)|
||Training||||||||(ii)|
||Foreign exchange
gain|||||(299,730)||(299,730)|(iii)|
||Consulting
and professional|||fees||59,749||59,749|(ii)|
||Legal fees|||||10,491|1,621|12,112|(ii)|
||Depreciation|||||15,443|1,074|16,517|(iii)|
||Audit and accounting|(governance|||costs)|30,353|739|31,092|(iii)|
||Corporate tax|||||64,338||64,338|(iii)|
||Donation
by Reach to Teach|||Private||||||
||Limited to Reach to|Teach|Foundation|||49,112||49,112||
||Miscellaneous
costs||||||372|(35,407)||
|||||||149,554|110,365|259,919||
##
##
|||||
|---|---|---|---|
|31-Mar|31-INar|31-Mar|31-Mar|
|2023
Number|2022
Number|2023f|2022f|
##
|and the Chief Financ|e O|ffice|r. Staff costs include the following|amounts
paid to the executiv|e team:|
|---|---|---|---|---|---|
|||||31-Mar|31-Mar|
|||||2023f|2022
E|
|Wages and salaries||||428,995|450,109|
|Termination
and redundancy|||payments||32,510|
|Social security costs||||20,783|20,025|
|Employers'
pension|contributions|||23,921|23,845|
|Staff Medical Insurance||and|other benefits|12,870|7,911|
|||||486,569|534,400|
|Total salary costs for the||group are set out below||||
|||||31-Mar|31-INar|
|||||2023
E|2022f|
|Wages and salaries||||1,195,507|1,237,424|
|Termination
and redundancy|||payments||53,480|
|Social security costs||||19,866|26,492|
|Employers'
pension|contributions|||69,148|69,769|
|Other employee
benefits||||26,533|39,999|
|Total staff costs||||1,311,054|1,427,164|
|Total staff costs||||||
|Charitable
activities||||1,154,963|1,333,232|
|Raising funds||||156,091|93,932|
|||||1,311,054|1,427,164|
|Officer who served
during
the year of f146,85
total emoluments
over E60,000were as follows:|0 (2022: f137,1232).The number
of staf|f who received|
|---|---|---|
||Number of|Number of|
||staff in Year|staff in Year|
||to 31 INarch|to 31 March|
|Bands|2023|2022|
|E60,000 - f70,000|1||
|f120,000 - E130,000|||
|E130,000 - E140,000|||
|E150,000 - E160,000|||
##
##
|8|Staff numbers|Staff numbers||||||
|---|---|---|---|---|---|---|---|
||The average
number||ofemployees|analysed|by function was:|31-Mar|31-Mar|
|||||||2023|2022|
|||||||Number|Number|
||Charitable|activities||||27.0|33.0|
||Raising funds|||||4.0|2.0|
|9|Net Income forthe Year|||||||
|||||||31-Nlar|31-Mar|
||The result|is stated after charging:||||2023f|2022f|
||Auditor's|remuneration||||12,060|12,000|
||Auditor's|remuneration|- non audit|services||||
||Auditor's|remuneration|- in respect|ofthe subsidiary||7,957|7,717|
||Loss (Gain) on exchange|||||(409,425)|(299,730)|
||Operating|leases||||141,103|141,826|
||Depreciation|||||14,774|16,517|
##
|10|Depreciation
Taxation|||||||||14,77|14,77|14,77|14,77|4
16,517|4
16,517|4
16,517|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||The charitable
company|is a charity within|||the meaning||of|Para
1 Schedule||6 Finance Act||||2010. Accordingly,
the|||
||charity
is potentially
exempt||from taxation||in respect||of|income or|capital||gains|within||categories||covered
by|
||Chapter 3 of Part 11 of|the Corporation
Tax Act 2010 or||||||Section 256 of the Taxation|||||of Chargeable|||Gains Act|
||1992,to the extent that|such|income or gains are|||applied||exclusively|to charitable|||purposes.|||No LIK|tax charge|
||arose in the period. However,||its|subsidiary,|Reach|to Teach Private|||Limited,||is liable for Indian||||corporation
tax at||
||25%on its profits. The charge||for indian corporation|||tax was f62,356|||(2022:||f64,338).||||||
|11|Tangible Fixed Assets||||||||||||||||
||Group|||Fixtures
8Fittings
f|||Computer
Equipment
f|||Leasehold
Improvements
f||||||Totalf|
||Cost||||||||||||||||
||As at 01 April 2022||||353|||74,401||||||||74,754|
||Exchange revaluation||||(6)|||(1,047)||||||||(1,053)|
||Additions||||172|||13,908||||||||14,080|
||Disposals|||||||(1,450)||||||||(1,450)|
||As at 31st March 2023||||519|||85,812||||||||86,331|
||Depreciation||||||||||||||||
||As at 01 April 2022||||137|||57,645||||||||57,782|
||Exchange
revaluation||||(7)|||(1,422)||||||||(1,429)|
||Charge for the year||||81|||14,693||||||||14,774|
||Disposals|||||||(1,223)||||||||(1,223)|
||As at 31stMarch 2023||||211|||69,693||||||||69,904|
||Net Book Value||||||||||||||||
||As at 31st March 2023||||308|||16,119||||||||16,427|
||As at 31st March 2022||||216|||16,756||||||||16,972|
##
##
|Nature o
India.|fbusiness:
Inves|fbusiness:
Inves|tment
ofcharitable
funds|to advance
education
amongst
children|and young persons|
|---|---|---|---|---|---|
|Country|ofIncorporation:||India|2023|2022|
|||||0/|0/|
|||||holding|holding|
|Class of|Shares|||||
|Ordinary|(beneficially|owned)||99|99|
##
|12|Investments
(continued)|Investments
(continued)|Investments
(continued)|||||2023|||||2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Results forthe year||ended 31 March||2023|||E|||||E|
||Internal
income (fees||paid by Reach to||Teach)||1,989,035|||||1,879,367||
||Investment
income|||||||24,262|||||9,782|
||Total income||||||2,013,297|||||1,889,149||
||Administrative
expenses||||||(1,927,426)|||||(1,651,383)||
||Operating
profit|||||||85,871|||||237,766|
||Corporate tax|||||||(59,543)|||||(64,338)|
||Results for the period|||||||26,328|||||173,428|
||Total funds brought|forward at 1 April 2022||||||498,608|||||325,180|
||Total funds carried|forward at||31 March|2022|||524,936|||||498,608|
||Balance Sheet at|31|March 2023|||||||||||
||Fixed assets|||||||16,427|||||15,742|
||Current Assets|||||||||||||
||Debtors|||||||350,530|||||434,458|
||Cash at bank and|in hand||||||978,459|||||987,335|
||Curent Liabilities|||||||||||||
||Creditors: amounts|falling due||within one year||||(252,730)||||(254,175)||
||Intercompany
payable|||||||(398,214)||||(507,448)||
||Net current assets|||||||678,045|||||660,170|
||Creditors: amounts|falling due||within one year||||(48,882)|||||(56,957)|
||Total net assets|||||||645,590|||||618,955|
||Capital and reserves|||||||||||||
||Share capital|||||||120,347|||||120,347|
||Profit and loss reserve|||||||524,936|||||498,608|
||Shareholders
funds|||||||645,283|||||618,955|
||The profit was generated
by a|||mark-up|on the operating|expenses||incurred|in India.|||||
|13|Debtors|||||Group|||||Charity|||
||||||2023|||2022||2023|||2022|
|||||||||E|||E||E.|
||Other Debtors||||37,989|||60,118|||1,363||2,124|
||Tax recoverable
(i)||||231,674|||171,920||||||
||Amounts
due from|group companies||||||||398,214|||507,086|
||Prepayments
and Accrued Income||||428,374|||18,897||406,708|||2,090|
||||||698,037|||250,935||806,285|||511,300|
||The tax recoverable||balance|of f231,674 (2022: E171,920) relates to Goods||||||and Service tax (GST)||||
||paid by the Indian|subsidiary,||Reach to Teach Private||Limited,|on|the purchase||of|goods|and|services|
||and this amount
is|recoverable||from the Indian government.||||||||||
||and this am|ount
is recoverable
from the Ind|ian government.||||
|---|---|---|---|---|---|---|
|14a|Creditors:|amounts
falling|Group||Charity||
||due within|one year|2023|2022|2023|2022|
||||E|E|E|E|
||Creditors and Accruals||268,991|262,329|51,995|46,041|
||Taxes and|social security|44,991|51,704|6,128|14,009|
||Amounts
due to group companies||||363||
||Corporation|tax|5,807|8,683|||
||||319,789|322,716|58,486|60,050|
##
|||Forth|e year|ended 31stM|arch 20|23||
|---|---|---|---|---|---|---|---|
|14b|Creditors: amounts|falling||Group||Charity||
||due after one year|||2023
f|2022
f|2023|2022f|
||Creditors and Accruals|||48,882|56,959|||
|15|Funds|||||||
||Group 2023|||B/Fwdf|Income
f|Expenditure
f|C/Fwdf|
||Restricted
Funds|||||||
||Other donations
and|other income||314,826|||314,826|
||Grant income|||7,522,797|416,579|(1,891,378)|6,047,998|
||Total restricted
funds|||7,837,623|416,579|(1,891,378)|6,362,824|
||Unrestricted
Funds|||18,715|139,961|(78)|158,598|
|||||7,856,338|556,540|(1,891,456)|6,521,422|
||Group 2022|||B/Fwd
f|Income
f|Expenditure
f|C/Fwd
f|
||Restricted Funds|||||||
||Other donations
and other income
The Larry Ellison Foundation|||302,310
4,538,536|12,516
4,723,494|~),739,233)|314,826
7,522,797|
||Total restricted
funds|||4,840,846|4,736,010|(1,739,233)|7,837,623|
||Unrestricted
Funds|||19,024||(309)|18715|
|||||4,859,870|4,736,010|(1,739,542)|7,856,338|
||Charity 2023|||B/Fwdf|Income
f|Expenditure
F|C/Fwdf|
||Restricted Funds|||||||
||Other donations
and
Grant income|investment|income|268,770
7,145,766|419579|~2,020558)|268,770
5541,787|
||Total restricted
funds|||7,414,536|416,579|(2,020,558)|5,810,557|
||Unrestricted
Funds|||18,715|115,699||134,414|
|||||7,433,251|532,278|(2,020,558)|5,944,971|
||Charity 2022|||B/Fwd|Income
f|Expenditure
f|C/Fwdf|
||Restricted
Funds|||||||
||Other donations
and|investment|income|266,036|2,734||268,770|
||The Larry Ellison Foundation|||4,199,192|4,723,494|(1,776,920)|7,145,766|
||Total restricted
funds|||4,465,228|4,726,228|(1,776,920)|7,414,536|
||Unrestricted
Funds|||19,024||(309)|18,715|
|||||4,484,252|4,726,228|(1,777,229)|7,433,251|
##
##
|Net Assets S|plit|||||
|---|---|---|---|---|---|
|Group 2023|||Unrestricted|Restricted|Total|
||||Funds|Funds|2023|
||||E|E|E|
|Tangible Assets||||16,427|16,427|
|Prepayments|&Accrued Income|||428,374|428,374|
|Other Debtors||||269,663|269,663|
|Cash at bank
Creditors|and|in hand|158,598|6,017,033
~(368,673|6,175,631
~(368,673|
||||158,598|6,362,824|6,521,422|
|Group 2022|||Unrestricted|Restricted|Total|
||||Funds|Funds|2022|
||||f|E|E|
|Tangible Assets||||16,972|16,972|
|Prepayments|&Accrued Income|||18,897|18,897|
|Other Debtors||||232,038|232,038|
|Cash at bank
Creditors|and|in hand|18,715|7,949,391
~(379,675|7,968,106
~379,675(|
||||18,715|7,837,623|7,856,338|
|Charity 2023|||Unrestricted|Restricted|Total|
||||Funds|Funds|2023|
||||E|f.|f.|
|Tangible Assets||||||
|Prepayments|&Accrued Income|||406,708|406,708|
|Other Debtors||||399,577|399,577|
|Cash at bank|and|in hand|134,414|5,062,758|5,197,172|
|Creditors||||(58,486)|(58,486)|
||||134,414|5,810,557|5,944,971|
|Charity 2022|||Unrestricted|Restricted|Total|
||||Funds|Funds|2022|
||||f||E|
|Tangible Assets||||1,230|1,230|
|Prepayments|&Accrued Income|||2,090|2,090|
|Other Debtors||||509,210|509,210|
|Cash at bank
Creditors|and|in hand|18,715|6,962,056
(60,050)|6,980,771
~(60,050|
||||18,715|7,414,536|7,433,251|
##
##
##
##