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2021-05-31-accounts

GLOUCESTERSHIRE BREASTFEEDING SUPPORTERS’ NETWORK

TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2021

Gloucestershire Breastfeeding Supporters’ Network is a charitable company, limited by guarantee Registered in England. Company No. 6239404 Registered as a Charity in England and Wales No. 1121337 www.gbsn.org.uk

GLOUCESTERSHIRE BREASTFEEDING SUPPORTERS’ NETWORK TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021

INDEX

Trustees’ Annual Report 2
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10
Independent Examiner’s Report 16

1

GLOUCESTERSHIRE BREASTFEEDING SUPPORTERS’ NETWORK

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) FOR THE YEAR ENDED 31 MAY 2021

1. REFERENCE AND ADMINISTRATIVE DETAILS

Name Gloucestershire Breastfeeding Supporters’ Network
Also known as GBSN
Company number 6239404
Charity number 1121337
Address and Registered Office 9 Wards Road
Cheltenham
GL51 6HS
Trustees E Mayo (Chair) – appointed 11 February 2019
A Wood (Legal Secretary) – appointed 26 July 2018,
reappointed January 2020
C James (Treasurer) – appointed 11 February 2019
N Bradley – reappointed December 2019, reappointed
January 2020
Dr N Wilson – appointed 11 December 2018, reappointed
January 2020
K Clarke – appointed 11 February 2019
R Hooper – appointed 11 February 2019

Trustees are also directors for the purposes of company law.

Bankers National Westminster Bank 31 The Promenade Cheltenham Gloucestershire GL50 1LH Independent examiner Timothy Brown FCCA Grosvenor House Avening, Priory Park Tetbury Gloucestershire GL8 8HZ

2

2. STRUCTURE, MANAGEMENT AND GOVERNANCE

Nature of Governing Document

The organisation is a charitable company limited by guarantee, incorporated on 9 May 2007 and registered as a charity on 22 October 2007. The company was established under a Memorandum and Articles of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.

Recruitment and Appointment of Trustees

The Trustee Board must consist of at least four and no more than 12 individuals. The serving trustees can appoint new trustees at any time, although such co-opted trustees hold office only until the next AGM, at which point they may be formally appointed by the Board. There is no set period for which a trustee can serve, but one third of trustees must step down at each AGM.

The current trustees have been recruited from within the GBSN community with a view to achieving, across the trustees, a diverse but complementary range of skills and experience. As a result, the Board is a balanced mix of Breastfeeding Counsellors (BFCs), Peer Supporters and business professionals.

Organisational Structure

The Trustee Board meets approximately every six weeks to decide on matters of policy and other issues arising. To be quorate, each meeting must have at least four trustees in attendance. Every issue is determined by a simple majority of the votes cast. Each Trustee has one vote, except the Chair of the meeting who has a second casting vote.

Risk Management

The Trustees are cognisant of the risks to which the Charity is exposed. All GBSN groups work closely with their host organisations, be these community buildings or Children’s Centres. GBSN has created policies to cover significant areas including safeguarding children, fair assessment, complaints and malpractice procedures.

3. OBJECTS, AIMS AND ACTIVITIES

The trustees confirm that they have referred to the Charity Commission’s general guidance on public benefits when reviewing the Charity’s aims and objectives and in planning future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

Purposes of the Charity

The objects of the charity, as set out in the Memorandum of Association are: To advance and promote the physical and psychological health of mothers and children through education of the techniques of and the provision of training regarding breastfeeding in the county of Gloucestershire, including but not limited to raising the awareness of the health benefits of breastfeeding.

a) By the provision of physical, emotional and practical support and information to breastfeeding women and the advancement of education among volunteers by the provision of relevant training.

b) By advancing the education of the public and especially those concerned with the care of children on the health benefits, both immediate and long term, of breastfeeding.

c) By the development and maintenance of peer support groups.

d) By the provision of a resource body co-operating with other agencies and health professionals.

3

Without limiting the generality of the foregoing, the company may achieve its objects by any or all of the following methods:

8) The promotion of good working relationships with others to achieve greater understanding of the benefits of breastfeeding.

How our activities deliver Public Benefit

Prior to March 2020, the charity fulfilled these objects largely through the operation of seven weekly breastfeeding support groups throughout the county of Gloucestershire. These groups were run by volunteer peer supporters; these are mothers from the local community who have breastfed themselves and who have undertaken a training course, designed and delivered by GBSN, to equip them with the appropriate information and skills to enable them to help women attending our groups. Each group was also attended by a qualified Breastfeeding Counsellor, whose role is to counsel mothers with more complex breastfeeding issues, as well as provide ongoing development to the Peer Supporters. Groups were all free to attend and catered for families at every stage of their breastfeeding journey, from pregnancy through to weaning from the breast and beyond, offering a complete universal service.

In addition to the face-to-face support available at the groups, each also benefitted from Padlets and a library of free-to-borrow books and a catalogue of evidence-based information on all aspects of breastfeeding as well as other common parenting concerns such as birth, sleeping, introducing solids and baby behaviour. GBSN worked closely with other health professionals including midwives, health visitors and family support workers, to identify and reach families who may need breastfeeding information and support. GBSN volunteers are able to attend some NHS-run antenatal classes delivering information to expectant parents. GBSN information is available to all expectant mothers at 28 weeks gestation directly from the midwife through the GCC-funded BUMPS project.

And then coronavirus hit! A report of the first part of this ongoing pandemic was in the previous Annual Report. We have not missed a day’s supporting of mothers, free of charge to themselves. The virtual one to one support sessions with a Breastfeeding Counsellor were instigated and continue to be run by Anna Wood, a fantastic achievement to have supported nearly 1500 mothers so far. All of these have been funded by National Lottery grants and other grant monies. Preparation for Breastfeeding workshops continue to fill a need, also free of charge as funded by grant monies.

We were able to open groups outside over the summer of 2020 and they proved very popular with families. We moved 6 groups indoors in October (BAPS and GLOBES amalgamed temporarily). These groups continue to run, apart from during the New Year lockdown in 2021.

All of this has taken tremendous commitment from the volunteers, Breastfeeding Counsellors and the strong Board of Trustees.

The BUMPS project, funded by Gloucestershire County Council has been put on hold due to the pandemic.

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4. ACHIEVEMENT AND PERFORMANCE

GBSN continues to reach as many women as possible and, despite the current public health challenges, we continue to work hard to keep the service open for families in Gloucestershire. Since March 2020, the start of the pandemic, GBSN has provided support well over 3000 times.

People

Our regular volunteers are the core of our charity and immensely valued for their generosity and commitment often over a long timespan.

Our team of BFCs are highly skilled and experienced and again give such a lot to GBSN. GBSN ran 2 training courses for 7 new Peer Supporters.

A strong Board of Trustees brings complementary skills that strengthen GBSN.

Collaborative working

GBSN has strived to extend our reach into the wider community services and encourage collaborative partnerships with Health visiting and the commissioning services. GBSN maintains presence on the board of the Gloucestershire Infant Feeding Strategic Partnership to contribute to the shaping of supporting breastfeeding across the county. Nicky Wilson (Trustee) is making huge links with GPs.

Reaching service users

The social media links from each group and the trustees worked diligently to co-ordinate and align our social media presence. As a result, GBSN has hugely built up our social media reach. The website has been updated with softer language to better reflect our model to mothers and Health Professionals. A new website is planned which will be much more mobile phone-friendly.

Operations

We thank Marzena Castle for the data runs and managing the Preparation for Breastfeeding workshops as well as the back office support. Kirsty Bassett gives many hours voluntarily to run our accounts for which we are very grateful.

The Trustees continue to put in many hours of voluntary time which is much appreciated.

Venues

We are so grateful to Children’s Centres who offer us rooms free of charge. Also, donations have helped us to meet these large costs.

5

Service Users

From March 2020 to May 2021 GBSN offered support nearly three thousand times, through in-person groups, online groups, virtual one to one sessions and Preparation for Breastfeeding Workshops.

There were 2042 attendances to in-person and online groups:

Additionally, 1173 visits were made by accompanying children.

Well over 80% of mothers return to the group. This identifies the continued need for breastfeeding support and then the social support thereafter.

Virtual 121s

Our Breastfeeding Counsellors supported mothers via a one-to-one virtual call on 818 occasions in this time period alone.

Preparation for Breastfeeding Workshops were attended by 139 expectant mothers, many of whom were accompanied by their partners.

5. FINANCIAL REVIEW

The financial position of the charity has been stable during the period in review. For the financial year ended 31 May 2021, total income was £39,988 while total expenditure was £23,692. We carry forward total funds of £47,935, of which £27,278 is unrestricted.

Income

During the year, the charity received no children’s centre funding for the core services provided at the GBSN groups, although several groups are fortunate to have the use of rooms free-of-charge. We did receive several grants from National Lottery alongside other funders. We are also very grateful to have several regular supporters whose monthly contributions enable the charity to plan with more certainty.

Expenditure

The Trustees remain committed to providing an excellent free of charge service to the families that access our services. No significant new costs have been incurred within the timescale of this financial report. Grant funding covered the online groups and many of the virtual one to one support sessions and Preparation for Breastfeeding Workshops.

Reserves Policy

GBSN currently has committed grant funding for the continuation of virtual services. For a period, this will cover the cost of Breastfeeding Counsellors’ time, and the cost of refreshing the skills of the volunteer peer supporters. Once GBSN can start to provide groups services again, there will be considerable ongoing expenditure including breastfeeding counsellors’ time and travel costs, hall hire, insurance and administration. Instead, the charity relies on donations – of funds, time, and room hire – and fundraising events and activities.

To ensure that GBSN can continue to run its services through periods of low income, the Trustees have decided to hold reserves to cover the cost of running the charity at its current level for a further six months. This amount gives the Trustees time to secure new sources of funding.

6

Funding

The charity is continuing to operate on a quarter to quarter basis to ensure it does not commit beyond its financial capabilities and to ensure appropriate decisions can be taken in response to changing circumstances. The Trustees receive monthly management reports which enables forecasting.

6. FUTURE PLANS

GBSN continues to support mothers, adapting quickly as the pandemic requires. It is hard to plan much into the future as the pandemic ebbs and flows.

7. GBSN’S RESPONSE TO CORONAVIRUS

Trustees were able to act very swiftly as we were very sure of GBSN values and philosophy which have guided us throughout. The Trustees would like to thank the BFCs so much for stepping up to increased workloads and providing hours of their time. Also, to our amazing volunteers who have continued to support GBSN.

8. TRUSTEES RESPONSIBILITIES

The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure of the charitable company for that period.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements company with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

On behalf of the Trustees

E Mayo Chair

29 November 2021

7

GLOUCESTERSHIRE BREASTFEEDING SUPPORTERS’ NETWORK STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an income and expenditure account) FOR THE YEAR ENDED 31 MAY 2021

Notes
Income from:
Donations and legacies
2
Charitable activities – sales
Other trading activities –
fundraising
Investments
Total Income
Expenditure on:
Charitable activities:
Costs of goods sold
Support groups and one-to-
one support
3
Governance cost allocation
4
Raising funds
Total Expenditure
Net income (expenditure)
and net movement in funds
for the year
Reconciliation of funds;
Total Funds brought forward
Total funds carried forward		 2021
All
Unrestricted
General
Fund
Restricted
Income
Funds
Total
Funds
£
£
£
11,578
27,294
38,872
196
-
196
917
-
917
3
-
3
12,694
27,294
39,988
98
-
98
6,048
13,638
19,686
2,263
787
3,050
8,409
14,425
22,834
858
-
858
9,267
14,425
23,692
3,427
12,869
16,296
23,851
7,788
31,639
27,278
20,657
47,935		 2020
All
Unrestricted
General
Fund
Restricted
Income
Funds
Total
Funds
£
£
£
16,034
8,266
24,300
1,456
-
1,456
3,223
-
3,223
34
-
34
20,747
8,266
29,013
371
-
371
12,353
8,031
20,384
2,087
-
2,087
14,811
8,031
22,842
1,180
1,180
15,991
8,031
24,022
4,756
235
4,991
19,095
7,553
26,648
23,851
7,788
31,639

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

8

GLOUCESTERSHIRE BREASTFEEDING SUPPORTERS’ NETWORK

(Company number 6239404)

BALANCE SHEET

AS AT 31 MAY 2021

Notes
Fixed Assets
Tangible assets
Current assets
7
Stocks
8
Debtors
9
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within one year
10
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more than
one year
The total net assets of the charity
Represented by:
Funds of the charity:
11
Unrestricted general fund
Restricted income funds		 2021
£
1,016
2,843
21
47,369
50,233
(3,314)
46,919
47,935
-
47,935
27,278
20,657
47,935		 2020
£
-
2,941
-
30,911
33,852
(2,213)
31,639
31,639
-
31,639
23,851
7,788
31,639

For the year ending 31 May 2021, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

These accounts were approved by the Trustees on 29 November 2021 .

E Mayo Chair

9

GLOUCESTERSHIRE BREASTFEEDING SUPPORTERS’ NETWORK

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2021

1. Accounting Policies

Basis of accounting

The financial statements have been prepared in accordance with the Charity Act 2011, 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 Standards applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015 and as subsequently updated), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). The policies adopted for items which are judged material to the financial statements are as follows:

Going concern

At the time of approving the accounts, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operation existence for the foreseeable future. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.

Recognition of Income

Income is recognised when the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably. Voluntary income, including donations under Gift Aid, is therefore recognised as income when received. Where applicable, associated income tax recovery is recognised when the recovery is receivable. Interest is recognised as income when receivable.

Recognition of Expenditure

Costs of activities in furtherance of the charity’s objects comprise those costs incurred by the charity as a result of the delivery of its service. Costs of generating funds comprise the costs associated with attracting voluntary income. Governance costs comprise those costs incurred by the charity in meeting its constitutional and statutory requirements.

Donated services and facilities

Donated professional services and donated facilities are recognised when received and measured on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount in then recognised in the expenditure in the period of receipt.

In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised. The trustees’ annual report contains more information about their contribution.

Stock

Stocks consist of goods for resale and are valued at the lower of cost and net realisable value.

10

GLOUCESTERSHIRE BREASTFEEDING SUPPORTERS’ NETWORK NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 MAY 2021

Financial instruments (including debtors and trade creditors)

The charity has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments held are initially recognised at transaction value and subsequently measured at their settlement value, based on the amortised cost and effective interest methods. Financial assets comprise cash as bank and in hand, together with other debtors. Financial liabilities comprise trade creditors.

Creditors

Creditors are recognised when the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due can be measured of estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.

Funds

Restricted funds are donations which that donor has specified are to be solely used for a specified group or specific projects being undertaken by the charity. Unrestricted funds are funds which can be utilised at the discretion of the trustees.

2. Donations and legacies

Donations
Grants
Donated facilities and services		 2020-21
Unrestricted
General
Fund
Restricted
Income
Funds
Total
£
£
£
9,878
2,576
12,454
-
24,302
24,302
1,700
416
2,116
11,578
27,294
38,872		 2019-20
Unrestricted
General
Fund
Restricted
Income
Funds
Total
£
£
£
11,720
6,266
17,986
-
2,000
2,000
4,314
-
4,314
16,034
8,266
24,300

Donations include £416 in respect of donated facilities to four of the charity’s groups providing a venue for the weekly sessions. The charity is also grateful to its bookkeeper and independent examiner who have both donated their services this year totalling £1,700.

In addition to volunteering their time for their support roles, our peer supporters have donated many further hours – raising funds for our continued work and raising awareness of the support we provide. The Trustees also continue to put in many hours of voluntary time. The Charity is hugely grateful to all our volunteers who donate their time so generously.

11

3. Expenditure on charitable activities - groups

Group worker
Group worker travel costs
Room hire (including donated
facilities of £416)
Group sundries (including
refreshments)
Network training
Network support		 2020-21
Unrestricted
General
Fund
Restricted
Income
Funds
Total
£
£
£
3,172
10,241
13,413
831
429
1,260
1,049
1,159
2,208
233
332
565
136
476
612
627
1,001
1,628
6,048
13,638
19,686		 2019-20
Unrestricted
General
Fund
Restricted
Income
Funds
Total
£
£
£
4,315
5,983
10,298
1,725
179
1,904
4,136
744
4,880
396
1,125
1,521
773
-
773
1,008
-
1,008
12,353
8,031
20,384

4. Support costs and allocation

Total support costs incurred during the period were £4,678 and consist of network support costs of £1,628 (note 3) and governance costs as follows:

Independent Examination
Bookkeeper
Insurance
IT software & support		 2020-21
Unrestricted
General
Fund
Restricted
Income
Funds
Total
£
£
£
500
-
500
1,200
-
1,200
-
670
-
563
117
680
2,263
787
3,050		 2019-20
Unrestricted
General
Fund
Restricted
Income
Funds
Total
£
£
£
300
-
300
400
-
400
670
-
670
717
-
717
2,087
2,087

Governance costs have been allocated to charitable activities, on the basis that any allocation to fundraising activities would not be significant, and any benefits of greater accuracy would be outweighed by the costs of selecting a method of apportionment. All governance costs have been allocated to unrestricted funds as restricted funds were donated for spending on specific purposes.

5. Trustee remuneration and employee information

No Trustees received any remuneration or received any other benefit or expenses from employment with GBSN during the year.

Please refer to note 13 for details of related party transactions with trustees N Bradley, C James and E Mayo.

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6. Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

7. Tangible fixed assets

Cost or revaluation
At 1 June 2020
At 31 May 2021
Depreciation and
impairment
At 1 June 2020
At 31 May 2021
Net book values
At 31 May 2021
At 31 May 2020
. Stock
2021
£
Bras
. Debtors
2021
£
Prepayments
0. Creditors: amounts falling due within one year
2021
£
Trade creditors
Accrued expenditure		 2021
£		 Computer
equipment
£
-		 Total
£

-

1,524

-

508

1,016
2020
£
2,941		 Total
£
-
1,524 1,524
- -
508 508
1,016 1,016

2,843

21

2,326
989
3,314
2021
£		 2020
£
-
2020
£
1,673
540
2,213

8. Stock

9. Debtors

10. Creditors: amounts falling due within one year

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11. Movements in funds

Name of fund
Restricted income funds re local groups
Breastfeeding Encouragement and Support Team (BEST)
Mothers Offering Breastfeeding Support – Dursley
(MOBS D)
Mothers Offering Breastfeeding Support – Stroud
(MOBS S)
Restricted income funds for projects
Antenatal project
Gloucestershire County Council – Coronavirus
Emergency Response
National Lottery – Covid 19
National Lottery – Local Connections
National Lottery – Awards for All
Gloucestershire County Council – Communities
Ecclesiastical Insurance Office plc
Tewkesbury Borough Council
Barnwood Trust
Stroud Town Council
Stroud District Council – Covid 19
Stroud District Council – Community Resilience
Renishaw plc
Training
Total Restricted income funds
Total Unrestricted income funds
Total Income funds		 Opening
balance
Incoming
resources
Outgoing
resources
Closing
balance
£
£
£
£
4,744
416
(1,662)
3,498
1,066
275
(397)
944
678
720
(135)
1,263
6,488
1,411
(2,194)
5,705
847
-
-
847
453
-
(453)
-
6,768
(6,768)
-
2,356
(2,356)
-
9,602
-
9,602
1,098
(605)
493
1000
(1,000)
-
308
(308)
-
320
(320)
-
500
(421)
79
1,000
-
1,000
1,000
-
1,000
350
-
350
1,581
-
1,581
1,300
25,883
(12,231)
14,952
7,788
27,294
(14,425)
20,657
23,851
12,694
(9,267)
27,278
31,639
39,988
(23,692)
47,935

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12. Analysis of net assets between funds

2. Analysis of net assets between funds
Fixed assets
Current assets
Current liabilities		 2020-21
Unrestricted
General
Fund
Restricted
Income
Funds
Total
£
£
£
1,016
-
1,016
29,576
20,657
50,233
(1,798)
(1,516)
(3,314)
28,794
19,141
47,935

13. Related Party Transactions

N Bradley (Trustee) received £2,164 for her work as a Breastfeeding Counsellor and £294 for travel to the groups where she provided support and training.

C James (Trustee) received £2,553 for her work as a Breastfeeding Counsellor and £422 for travel to the groups where she provided support and training. C James also received £476 for her work training peer supporters.

E Mayo (Trustee) received £1,131 for her work as a Breastfeeding Counsellor and £240 for travel to the groups where she provided support and training.

15

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF GLOUCESTERSHIRE BREASTFEEDING SUPPORTERS’ NETWORK

A report to the Trustees on my examination of the accounts of Gloucestershire Breastfeeding Supporters’ Network for the year ended 31 May 2021 consisting of Statement of Financial Activities, Balance Sheet and related notes.

Respective responsibilities of trustee and examiner

The Charity Trustees (also Directors for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). The Trustees consider that an audit is not required under section 144(2) of the Act.

Having satisfied myself that an audit is not required under company law and is eligible for independent examination, my responsibilities are as follows:

Basis of Independent Examiner’s report

My examination includes a review of accounting records and a comparison of them to the accounts presented with those records. Consideration of any unusual items or disclosures in the accounts and seeking explanation from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required for any audit, and consequently, no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statements below.

Independent Examiner’s Statement

I have no concerns and have come across no other matter in connection with the examination to which attention should be drawn.

This gives be reasonable cause to believe that, in any material aspect, the following requirements have been met in order to enable a proper understanding of the accounts to be reached:

Timothy William Brown FCCA – Independent Examiner Chartered Certified Accountant Grosvenor House Avening, Priory Park Tetbury Gloucestershire GL8 8HZ This report was signed on 29 November 2021

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