**Charity Registration Number: 1121400**
## **JESUS REIGNS MINISTRIES - UK**
**Report and Accounts for the year ended 30 April 2024**
## **JESUS REIGNS MINISTRIES - UK**
## **Report and accounts for the year ended 30 April 2024**
|**Contents**||
|---|---|
||Page|
|**Charity Information**|1|
|**Trustees' Annual Report**|2 - 5|
|**Statement of Trustees' Responsibilities**|6|
|**Independent Examiner's Report**|7|
|**Statement of Financial Activities**|8|
|**Balance Sheet**|9|
|**Notes to the Accounts**|10 - 16|
## **JESUS REIGNS MINISTRIES - UK**
Charity Registration Number: 1121400
## **Reference and administrative details**
The charity is registered with the Charity Commission of England and Wales under the name of Jesus Reigns Ministries - UK with charity number **1121400**
Jesus Reigns Ministries - UK (otherwise known as JRM-UK) originated as an autonomous charity of Jesus Reigns Ministries, Inc. Manila, Philippines.
The registered office of the charity is 79 Royal Lane, Uxbridge UB8 3QT.
The charity’s areas of operation in UK are London, Essex, Bournemouth, Swindon, Peterborough and Sudbury.
## **Legal structure of the charity**
The governing document of the charity is a constitution adopted on 5 May 2007.
## **The principal contact address, telephone number and website of the charity**
79, Royal Lane, Uxbridge UB8 3QT
www.jrmchurch.co.uk
admin@jrmchurch.co.uk
Mobile Number: 07886215275
## **Trustees**
The following persons served as Trustees during the year ended 30 April 2024
Guada Cayetano (Chairperson) Maria Cecilia De Lima Mario Bernabe Marilou Argent Jose Mercado Veronica Grande
## **Bankers**
Barclays Bank Plc Lloyds Bank Plc HSBC Plc Co-Operative Bank
1
## **JESUS REIGNS MINISTRIES - UK**
## **Trustees' Annual Report for the year ended 30 April 2024**
The trustees present their report and accounts for the year ended 30 April 2024 which also comprises the chairperson's report.
## **Objects and activities of the charity**
1. To advance the Christian faith in accordance with the statement of beliefs appearing in the schedule hereto in Hillingdon and in such other parts of UK or the world as the trustees may from time to time think fit.
2. To relieve persons who are in condition of need or hardship or who are aged or sick and to relieve the distress caused thereby in Hillingdon and in such other parts of UK or the world as the trustees may from time to time think fit.
3. To advance the education in accordance with Christian principles in Hillingdon and in such other parts of UK or the world as the trustees may from time to time think fit.
4. To promote and fulfil such other charitable purposes beneficial to the community in Hillingdon and in such other parts of UK or the world as the trustees may from time to time think fit.
## **Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.**
The trustees had considered the following main activities to achieve the objectives of the charity/church:
- Consistent Sunday Worship Services in-person gathering and online platforms whenever possible
- Persistent intercession like weekly prayer meetings, monthly worship nights, prayer vigil or dawn watch prayers
- Passionate discipleship and evangelism for all ages
- Devoted pastoral care like counselling, hospital, nursing home or house visitation for the needy, sick or dying. Feeding the homeless and donating to food banks.
- Dedicated equipping of children, youth, young adults, women, men, parents, husbands and wives for personal, family and ministerial purposes
2
## **Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit**
The trustees have had regard to the Charity Commission’s guidance on public benefit in considering the above main activities our charity/church had for this year. Those various activities benefited the members of the charity/church as well as other members of the society by providing opportunities to grow increasingly in Christian faith and to demonstrate the love of God by showing genuine care to everyone most especially to those experiencing challenges in life. The positive and nurturing impacts of feeding the homeless, donating to food banks and visiting the sick or residents in care homes were remarkable.
## **Policy on grant making**
Jesus Reigns Ministries-UK and Jesus Reigns Ministries, Inc. Manila, Philippines share with the same commitment to bring people towards a right and fruitful relationship with God. As the church members are discipled they help transform families, communities and nations where there is love of God, caring and sharing. Grant is given to Jesus Reigns Ministries, Inc. Manila, Philippines for the advancement of this purpose.
## **Contribution made by volunteers**
We are grateful for the valuable contributions from our dedicated volunteers for their time, energy, talent, passion and service to help the charity/church achieve its objectives. Without their consistent effort to serve God and others we would not be able to achieve so much.
## **Achievements and Performance**
## **Summary of the main achievements of the charity**
Aside from the regular activities of our charity/church such as worship and prayer, evangelism and discipleship, training and equipping for ministerial services, caring and empowering of every member of the family, we also had JRM-UK Leadership Empowerment held in June 2023 with the purpose of developing the church members in ministry & leadership. This training and leadership principles had also been very beneficial to our members in helping them in their leadership roles necessary for daily living, in school and work places.
JRM-UK was able to join JRM European Summit held in Barcelona last August 2023. We were empowered to advance in our Christian faith and encouraged to be a channel of hope for our families, communities and nations. Every delegate was positively impacted by this experience of meeting other Christian brothers and sisters from different parts in Europe.
JRM-UK had a blessed closing in December 2023 when we held our National Prayer Gathering in Swindon. All local churches had been united in worship, prayer and thanksgiving. As a result, everyone was hopeful for the new year ahead.
In March 2024, we were blessed to reach out to our small community in Kenya by providing them Bibles to help every member of this newly-started church to grow in their faith in God.
3
## **Financial Review**
## **Review of the charity’s financial position at the end of the period**
The accounts of the charity showed a gross income for the year of £426,396 (2022/23 : £407,514) of which £14,885 was restricted income. This was an increase of 4.6% above the previous year income. Included in this gross income was the charity's entitlement to HMRC's gift aid rebate of £72,551 (2022/23 - £68,294) - an increase of 6.2% due to the generosity of members.
The resources expended on charitable activities during the year decreased by 3.1% at £310,540 (2022/23: £320,460) of which £14,248 was restricted.
The charity recorded an operating surplus for the year of £115,856, an increase of 33.1% (2023/24: £87,054).
The total funds carried forward increased by 18.4% at £744,325 compared to the previous year of £628,469.
The trustees consider this financial performance satisfactory.
## **Reserves policy**
Financial reserves are considered in two parts:
General Reserves that are deemed necessary to meet future operational requirements and to protect the church/charity against future financial uncertainties including loss of income and unexpected increases in operating costs; To hold six (6) months of all unrestricted expenditure of £150,000 to allow the church/charity to adapt to any changes in the income or expenditure.
Specific Reserves set aside to meet future financial commitments for a specific significant project or venture or planned future commitment.
## **Going concern**
The trustees have considered the current macro and micro economic factors and agreed that there are no material uncertainties about the charity's/church’s ability to continue as a going concern.
## **Charity's principal sources of funds**
The principal source of funds of the charity/church comes from voluntary donations in terms of tithes and offerings which is included as voluntary income in the financial statements.
## **Principal risks facing the charity**
The trustees have assessed and evaluated the major risks facing the charity/church and are satisfied of the strategies in place to mitigate exposures to these risks.
## **Structure, Governance and Management**
## **Governing document**
The governing document of the charity is a constitution adopted on 5 May 2007.
## **Trustee selection**
The trustees were appointed and meet at the Annual General Meeting (also called Year-End Planning and Evaluation) which was held last December 2023. They also gathered for special general meetings like in March 2024 for trustees, senior pastors and local church treasurers.
4
## **Policies and procedures adopted for the induction and training of trustees**
Trustees managed the operations of the charity/church to further the objects. They from time to time make rules or byelaws and policies for the conduct of their charity/church.
Trustees are aware of their responsibility to keep themselves up to date with the current changes in the Charity Commission to be able to lead with integrity, trust and accountability.
## **Organisational structure and any wider network with which the charity works**
JRM-UK has six (6) local churches at present. Each local church is led by a senior pastor who leads along its spiritual leadership called pastoral staff/core. The senior pastor appoints ministry heads for different department or roles who help achieve the charity/church objectives to the fullest potential.
There are two (2) senior pastors who moved into full time ministry employment during this financial period. They are simultaneously trustees.
JRM-London serves as the main coordinating hub for all the charity/church activities and purposes.
## **Relationship with any related parties**
JRM-UK has a strong link with Jesus Reigns Ministries, Inc. Manila, Philippines and this has been documented under the policy on grant making.
Similarly, we continue to support other JRM churches in Europe like in Germany, Madrid, Barcelona and others by giving them guidance on both ministerial and administrative aspects of their ministries.
## **Funds held as custodian trustees on behalf of others**
The charity/church does not hold funds or assets as custodians on behalf of others apart from that of the charity/church.
## **Future development plans**
The charity/church will continue to build and improve on its current achievements by proclaiming the message of love, peace, hope and grace that the Christian faith stands for. The charity/church will also continue to foster community involvement to build a better society by caring and helping those who are sick, those in need, and/or those facing challenges in life.
5
## **JESUS REIGNS MINISTRIES - UK**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees are responsible for preparing the report of the trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of FRS102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) require the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period.
In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.
Guada Cayetano 25 February 2025 Chairperson of the Board of Trustees Dated
6
## **JESUS REIGNS MINISTRIES - UK**
Charity Registration Number: 1121400
## **Independent Examiner’s Report on accounts for the year ended 30 April 2024**
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts.
The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.
I am qualified to undertake the examination by being a qualified member of the Chartered Institute of Management Accountants (CIMA).
It is my responsibility to examine the accounts under section 145 of the Charities Act, 2011 follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention.
## **Scope of examination**
My examination was conducted in accordance with the general directions given by the Charity Commission. This includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the charity's personnel concerning any such matters. I have not performed an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view.
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act;
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2018 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Opeoluwa Opeodu (ACA, CIMA, CGMA) O&A Solutions Ltd 11 Curlew Close High Wycombe, Buckinghamshire, HP13 5JY
25 February 2025 Dated
7
## **JESUS REIGNS MINISTRIES - UK**
Charity Registration Number: 1121400
**Statement of financial activities for the year ended 30 April 2024**
||||**2024**|||**2023**|
|---|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**||||
||Notes|Notes
**funds**|**funds**||**Total funds Total funds**|**Total funds Total funds**|
|||**£**|**£**||**£**|**£**|
|**Incoming resources**|||||||
|Voluntary income|2|331,283|14,885||346,168|336,524|
|Other|2b|1,735|-||1,735|1,287|
|Investment income|3|5,942|-||5,942|1,409|
||||||||
|Gift aid tax reclaim|4|72,551|-||72,551|68,294|
|**_Total_**||**411,511**|**14,885**||**426,396**|**407,514**|
|**Resources expended**|||||||
|**Expenditure on:**
Charitable activities
**_Total_**|5 - 9|296,292
14,248
310,540
320,460
-
**296,292**
**14,248**
**310,540**
**320,460**
~~——~~|||||
|**_Net income_**
**_Transfer between funds_**
**_Net movement in funds_**
**_Reconciliation of funds:_**
Total funds brought forward
**_Total funds carried forward_**||**115,219**
**637**
**115,856**
**87,054**
637
-637
-
**115,856**
**0**
**115,856**
**87,054**
617,422
11,047
628,469
541,415
**733,278**
**11,047**
**744,325**
**628,469**
~~====~~|||||
8
## **JESUS REIGNS MINISTRIES - UK**
Charity Registration Number: 1121400
## **Balance Sheet as at 30 April 2024**
|||**2024**
CT|**2024**
CT|**2024**
CT|**2024**
CT|**2023**||
|---|---|---|---|---|---|---|---|
|||**Unrestricted**
**Restricted**|**Total**|||**Total**||
||**Notes**|**funds**
**funds**|**funds**|||**funds**||
|||**£**
**£**|**£**|||**£**||
|**Fixed assets**
**Tangible assets**
**_Total fixed assets_**
**Current assets**
**Debtors**
**Cash at bank and in hand**
**_Total current assets_**|10
11
11|5,564
5,564
6,707
5,564
-
5,564
6,707
141,067
-
141,067
177,577
589,647
11,047
600,694
445,629
730,714
11,047
741,761
623,206
~~—————~~
~~————~~||||||
|**Creditors:amounts falling due**
**within one year**
**_Net current assets/(liabilities)_**
**_Total net assets or liabilities_**
**Funds of the Charity**|12|3,000
-
727,714
11,047
733,278
11,047
617,422
11,047
~~ee~~
~~cy~~
~~[~~|3,000
738,761
744,325
628,469|||1,444
621,762
628,469
541,415||
|**Funds of Charity Brought forward**||115,856
-|115,856|||87,054||
|**Excess of income over expenditure**||733,278
11,047|744,325|||628,469||
|**_Total funds_**||||||||
The financial statements were approved by the Board of Trustees on and were signed on its behalf by:
Guada Cayetano 25 February 2025 Chairperson of the Board of Trustees Dated
9
## **JESUS REIGNS MINISTRIES - UK**
Charity Registration Number: 1121400
## **Notes to the financial statements for the year ended 30 April 2024**
## **1. Accounting Policies**
## **Basis of preparing the financial statements**
The financial statements of the charity have been prepared under the historical cost convention is a public benefit entity.
The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
## **Going concern**
The trustees consider that there are no existing material uncertainties that may cast significant doubt upon the entity's ability to continue as a going concern.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be reliably measured.
Expenditure is accounted for on an accruals basis and is accounted to include all costs directly attributable to the charitable activities. Where costs cannot be directly attributed to a charity activity, they are classified under headings that aggregate all costs related to the category.
## **Tangible fixed assets**
Tangible fixed assets are measured at their original cost value. Cost value includes all costs expended in bringing the asset into its intended working condition.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Plant, machinery and motor vehicles Fixtures, fittings and equipment
25% straight line 25% straight line
10
## **Fund accounting**
The income included in the financial statements primarily comes from voluntary donations by members of the church and the HMRC as gift aid tax rebate.
Unrestricted funds can be used in accordance with the charitable objectives and at the discretion of the trustees.
Restricted funds arise when the donor specifies a particular purpose for its utilisation within the objects of the charity.
Further explanation of the nature and the purpose of unrestricted and restricted funds is included in the notes to the financial statements.
## **2. Voluntary income**
|Tithes and offerings
Deposit against events
Gifts and donations received|**Unrestricted**
**funds**
**2024**
**£**
327,708
1,247
2,328
**331,283**|**Restricted**
**funds**
**2024**
**£**
1,340
7,472
6,073
**14,885**|**Total**
**funds**
**2024**
**£**
329,048
8,719
8,401
**346,168**|**Total**
**funds**
**2023**
**£**
291,966
31,581
12,977|
|---|---|---|---|---|
|||||**336,524**|
## **2b. Other income**
|Profit on disposal of assets
Other income|**Unrestricted**
**funds**
**2024**
**£**
1,735
**1,735**|**Restricted**
**funds**
**2024**
**£**
-
**-**|**Total**
**funds**
**2024**
**£**
0
1,735
**1,735**|**Total**
**funds**
**2023**
**£**
0
1,287
**1,287**|
|---|---|---|---|---|
11
## **3. Investment income**
|Interest receivable on
bank deposits|**Unrestricted**
**funds**
**2024**
**£**
5,942
**5,942**|**Restricted**
**funds**
**2024**
**£**
-
**-**|**Total**
**funds**
**2024**
**£**
5,942
**5,942**|**Total**
**funds**
**2023**
**£**
1,409|
|---|---|---|---|---|
|||||**1,409**|
## **4. Gift aid tax reclaim**
|Gift aid tax receivable|**Unrestricted**
**funds**
**2024**
**£**
72,551
**72,551**|**Restricted**
**funds**
**2024**
**£**
-
**-**|**Total**
**funds**
**2024**
**£**
72,551
**72,551**|**Total**
**funds**
**2023**
**£**
68,294
**68,294**|
|---|---|---|---|---|
During the period, the charity claimed gift aid for the year ended 30 April 2024. The amount is stated in the income statements because the charity has entitlement to the fund and the amount can be measured by sufficient reliability.
## **5. Governance costs**
|Accounting fees
Legal and professional services
Trustees' meeting|**Unrestricted**
**funds**
**2024**
**£**
8,700
272
1,941
**10,913**|**Restricted**
**funds**
**2024**
**£**
-
-
-
**-**|**Total**
**funds**
**2024**
**£**
8,700
272
1,941
**10,913**|**Total**
**funds**
**2023**
**£**
7,500
592
1,297
**9,389**|
|---|---|---|---|---|
## **6. Premises and equipment costs**
|Rent
Depreciation|**Unrestricted**
**funds**
**2024**
**£**
48,500
7,606
**56,106**|**Restricted**
**funds**
**2024**
**£**
-
-
**-**|**Total**
**funds**
**2024**
**£**
48,500
7,606
**56,106**|**Total**
**funds**
**2023**
**£**
43,025
15,758
**58,783**|
|---|---|---|---|---|
12
## **7. Administrative expenses**
|Insurance
Meetings
Supplies
Telephone
Training
Licenses
Financial charges|**Unrestricted**
**funds**
**2024**
**£**
4,098
3,017
7,216
1,046
683
374
458
**16,892**|**Restricted**
**funds**
**2024**
**£**
-
-
-
-
-
-
-
**-**|**Total**
**funds**
**2024**
**£**
4,098
3,017
7,216
1,046
683
374
458
**16,892**|**Total**
**funds**
**2023**
**£**
2,467
8,716
7,675
1,364
935
-
719|
|---|---|---|---|---|
|||||**21,876**|
|**8. Grant payable**
Jesus Reigns Ministries,
Inc. Manila, Philippines
**9. Charitable activities**
Salaries
Evangelism and Discipleship
Events
Gifts and donations
Pastoral expenses
Hospitality
Worship team expenses
Travelling and motor expenses
Missions
Others|**Unrestricted**
**funds**
**2024**
**£**
17,393
**17,393**
**Unrestricted**
**funds**
**2024**
**£**
50,715
17,232
52,883
17,930
30,553
5,103
5,539
3,678
10,279
1,076
**194,988**|**Restricted**
**funds**
**2024**
**£**
-
**-**
**Restricted**
**funds**
**2024**
**£**
-
-
10,389
2,825
-
-
-
-
1,034
-
**14,248**|**Total**
**funds**
**2024**
**£**
17,393
**17,393**
**Total**
**funds**
**2024**
**£**
50,715
17,232
63,272
20,755
30,553
5,103
5,539
3,678
11,313
1,076
**209,236**|**Total**
**funds**
**2023**
**£**
23,482
**23,482**
**Total**
**funds**
**2023**
**£**
2,365
21,904
95,854
24,398
32,763
7,293
5,896
6,013
10,128
316
**206,930**|
|---|---|---|---|---|
13
## **10. Fixed assets**
|**Cost**
Cost at 1 May 2023
Additions
Disposals
Cost carried forward
**Depreciation**
Depreciation at 1 May 2023
Disposals
Depreciation charge for the year
Depreciation carried forward
Net book value at 30 April 2024
Net book value at 30 April 2023
**11. Current assets**
Cash at bank and in hand
Debtors:
2020/21 Gift aid receivable
2021/22 Gift aid receivable
2022/23 Gift aid receivable
2023/24 Gift aid receivable
Other debtors
Total debtors|**Unrestricted**
**funds**
**2024**
**£**
589,647
-
-
68,294
72,551
221
141,067
**730,714**|**Plant,**
**machinery**
**and motor**
**vehicles**
**£**
30,280
-
-
**30,280**
30,280
-
-
**30,280**
**-**
**-**
**Restricted**
**funds**
**2024**
**£**
11,047
-
-
-
-
-
-
**11,047**|**Fixtures,**
**fittings and**
**equipment**
**£**
65,488
6,463
-
**71,951**
58,781
-
7,606
**66,387**
**5,564**
**6,707**
**Total**
**funds**
**2024**
**£**
600,694
-
-
68,294
72,551
221
141,067
**741,761**|**Total**
**£**
95,768
6,463
-|
|---|---|---|---|---|
|||||**102,231**|
|||||89,061
-
7,606|
|||||**96,667**|
|||||**5,564**|
|||||**6,707**|
|||||**Total**
**funds**
**2023**
**£**
445,628
49389
59319
68294
-
575|
|||||177,577
**623,206**|
14
## **12. Creditors: Amounts due within one year**
|Accounting fees
Other creditors|**Unrestricted**
**funds**
**2024**
**£**
3,000
-
**3,000**|**Restricted**
**funds**
**2024**
**£**
-
-
**-**|**Total**
**funds**
**2024**
**£**
3,000
-
**3,000**|**Total**
**funds**
**2023**
**£**
1,275
169
**1,444**|
|---|---|---|---|---|
## **13. Movement in funds**
|**Fund balances brought forward**
**Income**
**Expenditure**
**Transfers**
**Fund balances carried forward**|**Unrestricted**
**funds**
**£**
617,422
411,511
-296,292
637
**733,278**|**Restricted**
**funds**
**£**
11,047
14,885
-14,248
-637
**11,047**|**Total**
**£**
628,469
426,396
-310,540
-|
|---|---|---|---|
||||**744,325**|
## **14.Trustees' remuneration and expenses**
There are two (2) senior pastors who moved into full time ministry employment during this financial period. They are simultaneously trustees.
|Guada Cayetano (Employed)
Mario Bernabe
Jose Mercado
Marilou Argent (Employed)
Veronica Grande
Maria Cecilia De Lima|**2024**
**£**
37,832
5,260
6,853
21,483
2,454
500
**74,382**|**2023**
**£**
5,500
3,600
6,360
6,000
2,741
300
**24,501**|
|---|---|---|
## **15. Related party transaction**
During the year, some musical instruments, multimedia equipment and a motor vehicle were stored in the house of the chairperson – G. Cayetano at a cost of £5,300 (2023 - £4,800).
## **16.Subsequent events**
There are no other known material events arising after the reporting date.
15